Go green at large as a major trend has been gaining more and more importance as a design concept for the automobile industry. The industry is at a point where the complexity, the cost of technology, market dimensions and market positioning are determ ....see more
The global EV market is projected to reach USD 951.9 billion by 2030, registering a CAGR of 13.7% during the forecast period. The EV market is dominated by BYD (China), Tesla (US), Volkswagen AG (Germany), SAIC Motors (China), and Stellantis (Netherlands), among others. These companies have worked with other players in the EV ecosystem and developed best in class EV technology.
The air brake system market is projected to reach USD 3.4 billion by 2028, at a CAGR of 2.2% during the forecast period. The air brake system market is primarily dominated by globally established players such as Knorr- Bremse AG (Germany), Meritor, Inc. (US), Haldex (Sweden), ZF Friedrichshafen AG (Germany), and Wabtec Corporation (US). These companies consistently develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction across different regions in this air brake system market.
Automotive seat market is projected to reach USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period. Prominent companies include Adient Plc (US), Faurecia (France), Lear Corporation (US), Toyota Boshoku Corporation (Japan), and Magna International (Canada) are the leading manufacturers of automotive seats in the global market.
The in-vehicle infotainment market is projected to reach USD 28.3 billion by 2028, at a CAGR of 11.6% during the forecast period. The in-vehicle Infotainment market is led by established players such as Harman International (US), Panasonic Corporation (Japan), Alps Alpine Co Ltd (Japan), Robert Bosch Gmbh (Germany), and Continental AG (Germany). These companies adopted several strategies to gain traction in this market.
The passenger car seat market is projected to reach USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. Prominent companies include Adient Plc (US), Faurecia (France), Lear Corporation (US), Toyota Boshoku Corporation (Japan), and Magna International (Canada) are the leading manufacturers of passenger car seats in the global market.
The all-terrain vehicle market is projected to reach USD 3.7 billion by 2028, at a CAGR of 3.0% during the forecast period. The all-terrain vehicle market is primarily dominated by globally established players such as Polaris Inc (US), Honda Motor Co,. Ltd (Japan), BRP (Canada), Yamaha Motor Corporation (Japan), and Textron Inc. (US). These companies consistently develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction in this high-growth ATV market across different regions.
The global robotaxi market is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% during the forecast period. The robotaxi market is dominated by global players such as Waymo LLC (US), Baidu, Inc. (China), Beijing Didi Chuxing Technology Co., Ltd. (China), Cruise LLC (US), and EasyMile (France). These companies adopted new product launches, deals, and other strategies to gain traction in the robotaxi market.
The global automotive cybersecurity market size is projected to reach USD 6.0 billion by 2028, at a CAGR of 18.5% during the forecast period. The automotive cybersecurity market is dominated by global players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Harman International (US), DENSO Corporation (Japan), and Aptiv PLC (Ireland), among others. These companies have adopted strategies of new product development, expansions, collaborations, partnerships, and acquisitions to gain traction in the market. Collaborations were the most adopted strategy, among others.
The global automotive TIC market is projected to reach USD 20.9 billion by 2028, registering a CAGR of 3.41% during the forecast period. The automotive TIC market is dominated by established players such as DEKRA SE (Germany), TÜV SÜD Group (Germany), Applus+ (Spain), SGS Group (Switzerland), TÜV Rheinland Group (Germany), among others.
The global recreational boat market is projected to reach 25.9 USD billion by 2028, at a CAGR of 6.5% during the forecast period. The recreational boat market is dominated by global players such as Brunswick Corporation (India), Yamaha Motor Corporation (Japan), Groupe Beneteau (France), Malibu Boats (US) and Ferretti Group (Italy). These companies have developed and launched new products, adopted electrification strategies, and undertakeen collaborations, partnerships, to gain market size in the recreational boat market.
The automotive turbocharger market is projected to reach USD 19.2 billion by 2026, at a CAGR of 10.2% during the forecast period. Garrett Motion Inc. (US), Continental AG (Germany), BorgWarner Inc. (US), Mitsubishi Heavy Industries (Japan), and IHI Corporation (Japan) are the leading manufacturers of automotive turbocharger in the global market. These companies adopted new product development, and expansion strategies to gain traction in the automotive turbocharger market.
The automatic tire inflation system market is projected to reach USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The ATIS market is led by established players, such as Dana Incorporated (US), MICHELIN (France), IDEX Corporation (US), Enpro Industries (US), MERITOR (US), SAF-HOLLAND (Germany), and CLAAS (Germany). These companies have adopted several strategies to gain traction in the market. They have expanded in various geographical locations through mergers & acquisitions and expansions and entered into joint ventures/collaborations with other industry players to sustain their position in the market.
The automotive HMI market is projected to reach USD 40.2 billion by 2028, at a CAGR of 11.0% during the forecast period. Major players operating in the automotive HMI market are Continental AG (Germany), Luxoft (Switzerland), Aptiv (Ireland), HARMAN International (US), Synaptics Incorporated (US), and Visteon Corporation (US).
The advanced tires market is projected to reach USD 3.2 billion by 2030, at a CAGR of 14.4% during the forecast period. The advanced tire market is dominated by several global and regional players. Some of the manufacturers in the advanced tires market are Bridgestone Corporation (Japan), Michelin (France), Continental AG (Germany), Pirelli & C. S.p.A (Italy), The Goodyear Tyre and Rubber Company (US), Sumitomo Rubber Industries Ltd (Japan), Yokohama Tire Corporation (Japan), Hankook Tire & Technology Co., Ltd., (South Korea), and Nokian Tyres plc (Finland).
The global Connected Tires Market is projected to reach USD 54 million by 2028, registering a CAGR of 67.1% during the forecast period. The connected tires market is dominated by major tire manufacturers, including Bridgestone (Japan), Michelin (France), Goodyear (US), Continental AG (Germany), and Pirelli (Italy). They develop tires and provide tire related services for different vehicle type. They have initiated partnerships to develop their Connected tires technology and provide products and services to their respective customers for the connected tires market.
The global rolling stock market is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% during the forecast period. The major players in global rolling stock market include CRRC Corporation Limited (China), Alstom SA (France), Siemens AG (Germany), Stadler Rail AG (Switzerland), and Wabtec Corporation (US). These companies offer extensive products and solutions for the railway industry; have strong distribution networks at the global level, and invest heavily in R&D to develop new products.
The electric bus market is projected to reach USD 48.1 billion by 2030, with a CAGR of 14.5% during the forecast period. The key players in the Electric bus market BYD (China), Yutong (China), Proterra (US), CAF (Solaris) (Spain), VDL Groep (Netherlands), and AB Volvo (Sweden). The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.
The Asia Pacific electric three-wheeler market is projected to reach USD 892 million by 2028, registering a CAGR of 1.9% during the forecast period. The Asia Pacific electric three-wheeler market is dominated by Mahindra & Mahindra Ltd. (India), Atul Auto Ltd. (India), Piaggio Group (Italy), Saera Electric Auto Pvt. Ltd. (India), and Kinetic Green Vehicles (India), among others. These companies manufactures and supplies electric three-wheeler to various countries globally. These companies have set up R&D infrastructure and offer best-in-class solutions to their customers.
The micromotor market is projected to reach USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. The micrmotor market is moderately fragmented market. MITSUBA Corporation (Japan), Nidec Corporation (Japan), Johnson Electric Holdings Limited (China), Mabuchi Motor Co., Ltd. (Japan), Maxon (Switzerland) and Constar Micromotor Co., Ltd. (China) are the key companies operating in the micromotor market.
The Automotive Camera Market is projected to reach USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The automotive camera market is consolidated. Continental AG (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Denso (Japan) are the key companies that are dominating the automotive camera market. The automotive camera market comprises several global market players that make it highly competitive. These players have adopted various strategies to expand their presence globally and increase their respective market share.
The autonomous forklift market size is projected to reach USD 8.8 billion by 2028, at a CAGR of 13.8% during the forecast period. The autonomous forklift market is dominated by several global and regional players. Some of the manufacturers in the autonomous forklift market are Toyota Industries Corporation (Japan), Hyundai Construction Equipment Co Ltd (South Korea), Kion Group AG (Germany), Mitsubishi Logisnext Co Ltd (Japan), Jungheinrich AG (Germany), Hyster-Yale Materials Handling (US), Agilox Services GMBH (Austria), Anhui Heli Co Ltd (China), Hangcha Group Co. Ltd (China) Multiway Robotics (Shenzhen) Company (China), and Scott Automation (China).
The low speed vehicle market is projected to reach USD 15.0 billion by 2028, at a CAGR of 7.4% during the forecast period. The low speed vehicle market is consolidated. Textron Inc. (US), Yamaha Motor Co Ltd (Japan), The Toro Company (US), Deere & Company (US), Waev Inc (US), and Club Car (US) are the key companies operating in the low speed vehicle market.
The global E-Bike market is projected to reach USD 62.3 billion by 2028 at a CAGR of 4.9% during the forecast period. Major players operating in the e-bike market are Accell Group NV (Netherlands), Pon Bike (Netherlands), Giant Manufacturing Co. Ltd (Taiwan), Yamaha Motor Company (Japan), Merida Industry Co. (Taiwan), and Specialized Bicycle Components Inc. (US).
The global electric scooter and motorcycle market size is projected to reach 14.7 USD billion by 2028, at a CAGR of 24.8% during the forecast period. The global electric scooter and motorcycle market is dominated by major players such as Yadea Technology Group Co.,Ltd. (China), Jiangsu Xinri E-Vehicle Co., Ltd (China), NIU International (China), Hero Electric (India), and Okinawa Autotech Internationall Private Limited (India). These companies offer extensive products and solutions for the electric two-wheeler industry; and have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.
The Euro 7 regulations compliant market is projected to reach 14.1 million units by 2035 at a CAGR of 0.4% during the forecast period. The Euro 7 regulations compliant market is dominated by giants such as Forvia (Germany), Tenneco Inc. (US), Eberspächer (Germany), Johnson Matthey (UK), and Umicore (Belgium).
The automotive quantum computing market is projected to reach USD 5,203 million by 2035, at a CAGR of 49.0% during the forecast period. The quantum computing in automotive market is dominated by giants such as IBM Corporation (US), Microsoft Corporation (US), D-wave systems Inc. (US), Amzon (US), Rigetti & Co, LLC (US), Alphabet Inc. (US), Accenture Plc (Ireland), Terra Quantum (Switzerland), and PASQAL (France). These companies adopted several strategies to gain traction in the quantum computing in automotive market. New product development, partnerships, and expansion strategies from 2018 to 2022 helped them to innovate its offerings and broaden its customer base.
The global Sensor Market for automated vehicles is projected to reach USD 19.1 billion by 2030, registering a CAGR of 62.6% during the forecast period. The sensor market for automated vehicles is dominated by Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), DENSO (Japan), and NXP Semiconductors (Netherlands), among others. These companies provide hardware and software solutions to global OEMs and component manufacturers. These companies have set up R&D infrastructure and offer best-in-class solutions to their customers.
The electric truck market is projected to reach 1,067,985 units by 2030, at a CAGR of 34.2% during the forecast period. The electric truck market is dominated by a few globally established players such as BYD(China)., Mercedes Benz Group AG (Germany), AB Volvo (Sweden), Ford Motor Company (US) and Rivian (US) and others. These players have long-term supply contracts with leading automotive manufacturers and electric vehicle technology developers. These companies have adopted the strategies of new product developments, acquisitions, agreements, collaborations, expansions, joint ventures, partnerships, and supply contracts to gain traction in the electric truck market. Partnership and collaboration are the most widely adopted strategies by major players.
The global automotive operating system market size is projected to reach USD 25.8 billion by 2030 and grow at a CAGR of 9.2% during the forecast period. The automotive operating system market is dominated by major players including BlackBerry Limited (Canada), Automotive Grade Linux (US), Microsoft Corporation (US), Apple Inc. (US), and Alphabet Inc. (US). These companies offer automotive operating system and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive operating system market.
The Automotive Steering System market is projected to reach USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period. The Automotive Steering System Market is consolidated, with the presence of five major players JTEKT Corporation (Japan), Nexteer (US), Robert Bosch (Germany), Hyundai Mobis (South Korea), and NSK Ltd. (Japan).
The global train dispatching market is projected to reach USD 1,391 million by 2027, registering a CAGR of 8.1% during the forecast period. The train dispatching market is primarily dominated by players Hitachi Rail Ltd. (Italy), Siemens AG (Germany), Motorola Solutions Inc. (US), Alstom SA (France), and Wabtec Corporation (US). These players have worked on providing offerings for the train dispatching ecosystem. They have initiated partnerships to develop their train dispatching technology and offer best-in-class products to their customers.
The EV platform market is projected to reach USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period. The EV platform market is dominated by a few globally established companies such as Volkswagen Group (Germany), Ford Motor Company (US), General Motors (US), Hyundai Motor Group (South Korea), and Renault (France).
The automotive lightweight materials market is projected to reach USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The automotive lightweight materials market is dominated by giants such as BASF SE (Germany), Covestro AG (Germany), LyondellBasell Industries Holdings B.V. (Netherlands), Toray Industries, Inc. (Japan), ArcelorMittal (Germany), ThyssenKrupp AG (Germany), Novelis, Inc. (US), Alcoa Corporation (US), Owens Corning (US), and Stratasys Ltd. (US).
The cell to pack battery market is projected to reach USD 79.0 billion by 2033, at a CAGR of 15.5% during the forecast period. Further, the presence of OEMs such as Volkswagen AG (Germany), Solaris Bus & Coach sp. z o.o.(Poland), and VDL Grope (Netherlands) offers opportunities for the growth of the cell to pack battery market in the region as these OEMs are expected to launch some passenger and commercial vehicle models.
Automotive Hypervisor market is projected to to reach USD 566 million by 2027, grow at a CAGR of 27.0% during the forecast period. The key companies profiled in the study are Panasonic (Japan), NXP Semiconductors (Netherlands), Renesas Electronics (Japan), Blackberry (Canada), Visteon Corporation (US), Siemens (Germany), Elektrobit (Germany), Green Hills Software (US), Sasken Technologies (India), SYSGO (Germany) and OpenSynergy (Germany).
The global automotive engineering services market is projected to reach USD 243.9 billion by 2028, registering a CAGR of 8.1% during the forecast period. The automotive engineering services market is dominated by established players such as Capgemini (France), IAV Automotive Engineering (Germany), Tech Mahindra (India), AKKA Technologies (Belgium), and HCL Technologies (India), among others. These companies provide automotive engineering services to global OEMs and component manufacturers. These companies have set up R&D infrastructure and offer best-in-class engineering services to their customers.
The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027, at a CAGR of 10.0% during the forecast period. Avery Weigh-Tronix (US), Mettler Toledo (US), Kistler Instruments AG (Switzerland), International Road Dynamics Inc. (Canada), and Q-Free ASA (Norway) are the major companies operating in the global weigh-in-motion systems market. These companies adopted various strategies, such as new product developments, deals, and others to gain traction in the weigh-in-motion system market.
The battery swapping market is projected to reach USD 11.8 billion by 2027, at a CAGR of 46.9% during the forecast period. The battery swapping market is dominated by players such as NIO Power (China), Gogoro (Taiwan), Immotor (China), Aulton (China), and Sun Mobility (India). These companies adopted new product launches, partnership, and supply contracts to gain traction in the battery swapping market.
The motor lamination market is projected to reach USD 27.6 billion by 2027 at a CAGR of 4.7% during the forecast period. The motor lamination market is dominated by a few global players and comprises several regional players. Some of the key manufacturers and suppliers of the motor lamination market are Tempel (US), Pitti Engineering Ltd (India), Alinabal, Inc (US), EuroGroup Laminations S.p.A. (Italy), R. Bourgeois (France), and LCS Company (US).
The global car care products market is projected to reach USD 4.8 billion in 2027, at a CAGR of 1.9% during the forecast period. Tetrosyl (UK), Illinois Tool Works (US), 3M (US), Sonax Gmbh (Germany), and Wurth Group (Germany) are the major companies operating in the global car care products market. These companies adopted new product development, and expansion strategies to gain traction in the ride sharing market.
The automotive relay market is projected to reach USD 15.5 billion by 2027, at a CAGR of 5.0% during the forecast period. The automotive relay market is dominated by giants such as TE Connectivity (Switzerland), Omron Corporation (Japan), Panasonic Corporation (Japan), Hongfa Technologies Co. (China), Fujitsu Component Limited (Japan), Denso Corporation (Japan), Robert Bosch LLC (Germany), Mitsuba Corporation (Japan), Song Chuan Group Companies (China)and Good Sky Electric Co., Ltd (China), Xiamen Level King Keep Electronics (LKK) (China), CIT (Circuit Interruption Technology) Relay & Switch (US), Picker (US), American Zettler Inc. (US), American Electronic Components (AEC) (US), Hella GMBH & CO. KGAA(Germany), Siemens (Germany), ABB Group (Switzerland), Coto Technology (Taiwan), and Sanyou Corporation Limited (China).
The global Gasoline Direct Injection Market size was valued at USD 5.1 billion in 2022 and is expected to reach USD 7.3 billion by 2027 at a CAGR of 7.1% during the forecast period 2022-2027. Robert Bosch GmbH (Germany), Denso (Japan), Hitachi (Japan), BorgWarner Inc. (US), and Magneti Marelli (Italy) are the prominent players in the gasoline direct injection market. These companies adopted new product development and acquisition to gain traction in the gasoline direct injection market.
The drive by wire market is estimated to grow from USD 20.6 billion in 2022 to reach USD 27.9 billion by 2027 at a CAGR of 6.2% during the forecast period. The key players in the drive by wire market are Bosch (Germany), Continental (Germany), Infineon Technologies (Germany), ZF (Germany), Nexteer Automotive (US). The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.
The global automotive LiDAR market is projected to reach USD 8,611 million by 2030 and grow at a CAGR of 40.9% during the forecast period. The automotive LiDAR market is dominated by major players including Valeo (France), DENSO Corporation (Japan), Innoviz Technologies Ltd. (Israel), Velodyne Lidar, Inc. (US), and Luminar Technologies Inc. (US). These companies offer automotive LiDAR sensors and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive LiDAR market.
The quadricycle market is projected to reach USD 35.6 billion by 2032, at a CAGR of 6.4% over the same period. The quadricycle market is dominated by global players and comprises several regional players. Some of the key players in the quadricycle market are Suzuki Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), Toyota Motor Corporation (Japan), Aixam (France), Ligier Group (Franc), Italcar Industrial S.r.l (Italy), Citroen (France), Alke (Italy), Casalini (Italy), Renault Group (France), and Bellier Automobiles (France).
The global OTR Tire market is projected to reach USD 7.0 billion by 2030 at a CAGR of 6.5% during the forecast period. Major manufacturers in the OTR tire market include Continental AG (Germany), Bridgestone Corporation (Japan), Michelin (France), The Goodyear Tire & Rubber Company (US), and Pirelli C . S.p.A (Italy).
The electric van market is projected to reach to 1,082.9 thousand units by 2030, at a CAGR of 33.6% during the forecast period. The key companies profiled in the study are General Motors (US), Renault (France), Toyota Motor Corporation (Japan), BYD (China), Ford Motor Company (US), Nissan Motor Corporation (Japan), Mahindra & Mahindra Ltd. (India), Iveco (Italy), London Electric Vehicle Company (UK), and Fiat (Italy).
The automotive differential market is projected to reach USD 23.7 billion by 2027, at a CAGR of 3.5% during the forecast period. The automotive differential market is led by established global suppliers such as GKN Driveline (UK), Eaton plc (Ireland), American Axle & Manufacturing Company (US), JTEKT Corporation (Japan), Dana Inc. (US), BorgWarner Inc (US), Linamar Corporation (Canada), Schaeffler AG (Germany), ZF (Germany), and Hyundai Wia Corporation (South Korea). These companies adopted several strategies to gain traction in the automotive differential market. New product development, partnerships, and expansion strategies from 2018 to 2022 helped them to innovate its offerings and broaden its customer base.
The global terminal tractor market is projected to reach USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period. Kalmar (Finland), Terberg Special Vehicles (Netherlands), Capacity Trucks (US), MAFI Transport-Systeme GmbH (Germany), and TICO Tractors (US), are the key companies operating in the terminal tractor market. These companies adopted new product launches, partnership, and supply contracts to gain traction in the terminal tractor market.
The light electric vehicle (LEVs) market is projected to reach USD 122.7 billion by 2027, registering a CAGR of 9.4% during the forecast period. The LEV market is primarily dominated by players like Textron Inc. (US), Polaris Inc. (US), John Deere (US), Yamaha Motor Co. Ltd., Club Car Inc. (US), and BMW AG (Germany) among others.