The Automotive & Transportation industry is undergoing rapid transformation, driven by vehicle electrification, autonomous driving, connected mobility, software-defined vehicles (SDVs), advanced safety technologies, and the global shift toward sus ....see more
The global brake friction products market is projected to reach USD 15.52 billion by 2032 from USD 13.32 billion in 2025, at a CAGR of 2.2%. The major players in the brake friction products market include Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany), Brembo S.p.A. (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco Inc. (US). These companies offer brake friction products for automakers and have strong global distribution networks. Companies are also actively collaborating with global OEMs and launching new products to expand their market presence. For instance, in September 2024, ZF launched the OnGuardMAX advanced driver assistance system (ADAS) and the mBSP XBS modular brake platform for the European commercial vehicle (CV) market.
The microcars market is projected to reach USD 49.00 billion by 2032 at a CAGR of 4.2% during the forecast period. Major microcar manufacturers in the region are SAIC-GM-Wuling (China), BYD Auto Co., Ltd. (China), Suzuki Motor Corporation (Japan), Honda Motor Corporation (Japan), Daihatsu Motor Co., Ltd. (Japan), Nissan Motor Co. Ltd. (Japan) and Mitsubishi Motors Co., Ltd. (Japan).
The mining conveyor system market is projected to reach USD 359.4 million by 2032, at a CAGR of 0.3% during the forecast period. The mining conveyor system market is dominated by key players such as FLSmidth A/S (Denmark), Continental AG (Germany), Metso (Finland), ABB (Switzerland), and BEUMER Group (Germany). These players have a global distribution network across Asia Oceania, North America, and Europe. These companies are vital in their domestic regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market share through expansion, investments, joint ventures, collaboration, and partnerships.
The automotive piston market is projected to reach USD 2.79 billion by 2035, at a CAGR of 1.3% during the forecast period. MAHLE Group (Germany), Tenneco Inc. (US), AISIN CORPORATION (Japan), Kolbenschmidt Piston (Germany), Shriram Pistons (India), NPR-RIKEN CORPORATION (Japan), Hitachi Astemo Ltd. (Japan). A total of 20+ major players across four regions are covered.
The automotive aftermarket is projected to reach USD 804.87 billion by 2030, witnessing a CAGR of 2.9% during the same period. Rising digitalization and e-Commerce, increasing consolidation in the aftermarket, development of new-age business models, the transformation of the aftermarket due to EV adoption, and growth in demand for remanufactured parts are some significant trends expected to be seen in the automotive aftermarket.
The hybrid market is projected to grow from 14.8 million units in 2024 to 26.3 million units by 2030 at a CAGR of 10.0%. Europe is expected to be the largest market for hybrid passenger vehicles in the coming years. The European Union has set stringent rules to achieve zero emissions targets. One of the important targets is that new cars will have to reduce CO2 emissions by 55% for passenger vehicles. Hybrids fit perfectly in the scenario as they have lower emissions than ICE vehicles. This will boost the sales of hybrids (HEV & PHEV) in the European market. The HEVs help reduce emissions during the start & stop function and operate on a battery when initial driving torque is required. The HEV operation is similar to ICE, with small upgrades in the engine and start & stop mechanism. The HEV propulsion also enhances the driving range of the vehicle.
The automotive heat shield market is projected to reach USD 12.68 billion by 2032 at a CAGR of 0.6% during the forecast period. The automotive heat shield market is dominated by major players, including Tenneco Inc. (US), Dana Limited (US), ElringKlinger AG (Germany), Autoneum (Switzerland), Alkegen (US), Sanwa Packing Industry Co., Ltd. (Japan), Technol Eight Group (Japan), Thai Summit Group (Thailand), Kokusan Parts Industry Co., Ltd. (Japan), Carcoustics (Germany), Aspen Aerogels, Inc. (US), Futaba Industrial Co., Ltd. (Japan), DuPont (US), Zircotec (UK) and Morgan Advanced Materials (UK). These companies offer automotive heat shields to major OEMs and have strong distribution networks worldwide. These companies are developing products tailored to specific applications, incorporating new features, and using innovative materials.
The EV aftermarket is projected to reach USD 195.07 billion by 2035, registering a CAGR of 11.5% during the forecast period. Battery-centric aftersales will leverage data for predictive health monitoring and proactive maintenance, extending lifespan and preventing failures. Personalized services based on usage patterns will optimize charging and performance. Efficient diagnostics, aided by battery data, will enable quicker repairs and informed decisions on replacements or second-life applications.
The global Construction equipment market size is expected to reach USD 286.51 billion in 2030 from USD 224.49 billion in 2025, at a CAGR of 5.0% from 2025 to 2030. The key players include Caterpillar (US), Liebherr AG (Germany), Terex Corporation (US), Volvo Group (Sweden), Komatsu (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), SANY Heavy Industry Co., Ltd. (China), HD Hyundai (South Korea), XCMG Group (China), CNH Industrial N.V. (UK), and J C Bamford Excavators Ltd (UK) among others.
The automotive brake system market is projected to reach USD 30.10 billion by 2028 at a CAGR of 5.1% during the forecast period. The automotive brake system market is dominated by globally established players such as Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Continental AG (Germany), AISIN Seiki Co, Ltd. (Japan), Knorr-Bremse AG (Germany), and Brembo S.p.A (Italy), ADVICS Co., Ltd. (Japan).
The battery swapping market is projected to reach USD 22.72 billion by 2035, from USD 1.46 billion in 2025, at a CAGR of 31.5% during the forecast period. The battery swapping market is dominated by major players such as, Nio (China), Gogoro (Taiwan), Ample (US), Sun Mobility (India), Contemporary Amperex Technology Co., Limited. (China). These companies offer extensive solutions for the battery swapping. These companies are vital in their domestic regions and explore geographic diversification alternatives to grow their businesses.
The Compact Construction Equipment market is projected to reach USD 56.05 billion by 2032, at a CAGR of 5.1% during the forecast period. The major players in the compact construction equipment market are Doosan Bobcat (South Korea), Caterpillar (US), Komatsu Ltd. (Japan), JCB (UK) and Kubota Corporation (Japan). Key players have adopted new product developments, collaborations, strategic partnerships, and expansion strategies to maintain their presence in the compact equipment market.
The global charging as a service market is projected to reach USD 2,135.0 million by 2035 at a CAGR of 29.1% during the forecast period. The major players in the Charging as a Service market include ChargePoint, Inc. (US), Tesla (US), ENGIE (France), TGOOD Global Ltd. (China), and State Grid Corporation of China (China). These players have been adopting strategies to sustain their positions in the market. Major strategies adopted are product launches and deals. These strategies have been analyzed to understand the positions of these companies in the market. Charging Point Operators focus on maintaining their strategic positions in the market by launching new and advanced service offerings. These companies offer charging as a service and have strong global distribution networks. For instance, in November 2024, ChargePoint, Inc. introduced the ChargePoint Essential cloud plan as an alternative to traditional cloud subscriptions. Instead of a fixed subscription fee, the software cost is covered by user-charging payments, with any extra revenue going to the station owner. This plan reduces upfront costs, making EV charging more accessible to customers.
The global EV battery recycling market is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% during the forecast period. The EV battery recycling market is dominated by major players such as Contemporary Amperex Technology Co., Limited. (China), GEM Co., Ltd. (China), Umicore (Belgium), Glencore (Switzerland), Fortum (Finland). These companies offer extensive solutions for the EV battery recycling. These companies are vital in their domestic regions and explore geographic diversification alternatives to grow their businesses.
The usage-based insurance market is projected to reach USD 70.46 billion by 2030, at a CAGR of 7.2% during the forecast period. The UBI market is dominated by globally established players such as Octo Group S.p.A (Italy), Cambridge Telematics (US), Lexis Nexis (US), The Floow (UK), Allianz (Germany), AXA (France), Zurich (Switzerland), Libert Mutual Insurance (US), Allstate Insurance Company (US), and Farmers Insurance (US). These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the automotive market.
The global battery as a service market is projected to reach USD 14.45 Billion by 2035, at a CAGR of 32.4% during the forecast period. The major players in the battery as a service market include NIO (China), Gogoro (Taiwan), XPENG INC. (China), SAIC Motor Corporation Limited (China), and Vinfast (Vietnam). These companies are capitalizing on the current EV shift, adopting expansion strategies, and undertaking partnerships/collaborations with battery asset management companies and financial institutions to gain traction in the battery as a service market. Companies are also actively launching new and customized services to expand their market presence. In July 2024, Hyundai Motor Company (South Korea) plans to launch a new subscription service for the batteries of its electric vehicles, known as battery as a service. This service is expected to be introduced in 2025 for its KIA Niro Plus vehicle model, initially limited to South Korea. Currently, in the demonstration phase, the company aims to proceed with full implementation once testing is complete.
The passenger vehicle sales in India were 4.1 million units in 2023 and are expected to reach 6.0 million units in 2030, registering a CAGR of 5.6% between 2024 and 2030. India’s automotive market (PV+CV) will likely reach 7.5 million units in 2030, from 5.1 million units in 2023, at a CAGR of 5.7%. The top automobile OEMs in the market are Maruti Suzuki (India), Hyundai (S.Korea), Tata Motors (India), Mahindra and Mahindra (India), Kia(S.Korea), Volkswagen (Germany), Toyota (Japan) and so on. The other companies that support the automobile industry with technology development are ABB, Siemens, Bosch and others. These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the automotive market. Future of automotive in India is led by these top OEMs.
Global medium & heavy commercial vehicle sales were 3.3 million units in 2024 and are projected to be 3.5 million units by 2025, witnessing a YoY growth of 4.4% from 2024 to 2025. The top commercial vehicle OEMs in the market are TATA Motors (India), AB Volvo (Sweden), Daimler AG (Germany), PACCAR Inc. (US), HINO (Japan), IVECO S.p.A (Italy), MAN (Germany), and Ashok Leyland (India). The other companies that support the automobile industry with technology development are CATL, Robert Bosch, ZF, and others. These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the commercial vehicle market.
The trailer telematics market is projected to reach USD 1.41 billion by 2030, at a CAGR of 10.5% during the forecast period. The major players in the trailer telematics market are CalAmp (US), The Descartes Systems Group Inc. (Canada), Qualcomm Technologies Inc. (US), Omnitracs (US), Wabco Solution Centre (Germany), Novacom (Netherlands), Solera Holdings (US), FleetPulse (US), IDEM Technologies (UK) and Microlise Limited (UK)
The EV battery testing market is projected to reach USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period. The EV battery testing market is dominated by global players such as TÜV SÜD (Germany), Intertek Group plc (UK), UL LLC (US), Bureau Veritas (Belgium) and SGS Société Générale de Surveillance SA (Switzerland). These companies adopted new service launches, partnerships, collaboration, and other strategies to gain traction in the rolling stock market.
The truck refrigeration unit market is projected to reach USD 8.83 billion in 2030, at a CAGR of 4.4 % during the forecast period. The major players in the H2-ICE market are Carrier Transicold (US), Thermo King (US), Denso Corporation (Japan), Daikin Industries, Ltd. (Japan), and Webasto Group (Germany).
The global self-driving car market is projected to reach 76,217 thousand units by 2035 at a CAGR of 6.8% during the forecast period. The major players in the self-driving cars market include Toyota Motor Corporation (Japan), Tesla (US), BYD Co., Ltd. (China), Volkswagen Group (Germany), Ford Motor Company (US), Hyundai Motor Group (South Korea). These companies offer self-driving feature-enabled vehicles and have strong global distribution networks. Companies are also actively launching new products to expand their market presence. Tesla (US) launched a robotaxi named Cybercab in October 2024. Similarly, in June 2024, Cruise LLC, a General Motors subsidiary, announced that it has resumed manual driving in Phoenix, Houston, and Dallas, with supervised operations ongoing in Phoenix and Dallas.
The global e-Corner market is projected to reach 3,109 thousand units by 2035 at a CAGR of 33.7% during the forecast period. The major players dominating the e-Corner market are Schaeffler AG (Germany), Protean (UK), Hyundai Mobis (South Korea), REE (Israel), Continental AG (Germany), and Elaphe LTD (Slovenia) among others. And leading OEMs incorporating e-Corner modules are BYD (China), Tesla (US), and Hyundai Motor Company (South Korea), among others.
The autonomous construction equipment market is projected to reach USD 9,773.1 million by 2030, at a CAGR of 14.2% during the forecast period. The major players in the autonomous construction equipment market are Deere & Company (US), CNH Industrial (UK), Caterpillar (US, Komatsu Ltd (Japan), Libherr Group (Switzerland), Hitachi Construction Machinery Co., Ltd (Japan), Volvo Construction Equipment (Sweden), Doosan Bobcat (South Korea), Built Robotics (Us), HD Hyundai (South Korea), and Sandvik (Sweden)
The H2-ICE market is projected to reach 36,300-36,400 units by 2035, at a CAGR of 49.0% during the forecast period. The major players in the H2-ICE market are Cummins Inc. (US), J C Bamford Excavators (UK), Ashok Leyland (India), MAN (Germany), and HD Hyundai Infracore (South Korea).
The e-powertrain market will likely grow from 18,181 thousand units in 2024 to 51,288 thousand in 2032, at a CAGR of 13.8%. Major players operating in the electric powertrain market are Rober Bosch Gmbh (Germany), Magna International Inc. (Canada), Vitesco Technologies Gmbh (Germany), Dana Limited (US), and Valeo (Germany).
The global electric scooter motor market is projected to reach USD 1,201.2 million by 2030 at a CAGR of 19.3% during the forecast period. The electric scooter motor market is dominated by established players such as Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), and MAHLE GmbH (Germany).
The digital cockpit market size, in terms of volume, is 45 million units in 2024 and is expected to reach around 67 million units by 2030. The market is expected to exhibit a CAGR of 7.0% during the forecast period. The top OEMs in the market are General Motors (USA), Stellantis N. V. (Netherlands), Honda Motors (Japan), Volkswagen (Germany), Ford (USA), Xpeng (China), Zeekr (China), Rivian (US), Tata Motors (India) and so on. These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the digital cockpit market.
The Chinese automotive industry sales (PV+CV) were 30.1 million units in 2023, estimated to reach 31.4 million units in 2024 and are expected to reach around 38.2 million units by 2030 at a CAGR of 3.5%. The top Chinese OEMs in the market are BYD, Company Ltd., Geely Group, Chery Automobile, Changan Group, SAIC, Great Wall Motor, Nio, XPeng, Li Auto, Leapmotor, Xiaomi, etc. The other companies that support the Chinese automobile industry with technology development are Baidu, ecar, Neusoft, Alibaba, Tencent, CATL, Gotion, CALB, SVOLT and others. These Chinese OEMs have adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the global automotive market.
The global specialty vehicle market is projected to reach USD 99.80 billion by 2030 at a CAGR of 3.3% during the forecast period. Major manufacturers in the specialty vehicles market include Mercedes-Benz Group AG (Germany), AB Volvo (Sweden), Rosenbauer International AG (Germany), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), REV Group (US), and IVECO Group (Italy), Federal Signal Corporation (US)
The global window lift motors market is projected to reach USD 3.8 billion by 2030, at a CAGR of 1.6% during the forecasting period. The window lift motors market is dominated by key players such as Denso Corporation (Japan), Brose Fahrzeugteile SE & Co. KG (Germany), Robert Bosch GmbH (Germany), Mitsuba Corp. (Japan), and HI-LEX Corporation (Japan), and Antolin (Spain), among others. These companies adopted new product development strategies, expansion, partnerships & collaborations, and mergers & acquisitions to gain traction in the market.
The global automotive gears market is projected to reach 50.8 billion in 2030, projected to grow at a CAGR of 3.0% in the forecasted period. The major players in the automotive gears industry include American Axle & Manufacturing Holding, Inc. (US), GKN Powder Metallurgy (US), Bharat Gears Ltd. (India), JTEKT Corporation (Japan), and Robert Bosch GmbH (Germany).
The global hydrogen truck market is projected to reach USD 10.8 billion by 2035 at a CAGR of 16.9% during the forecast period. The major players in the hydrogen bus and truck market include Foton International (China), Yutong Bus Co., Ltd. (China), Xiamen King Long International Trading Co., Ltd. (China), Solaris Bus & Coach sp. z o.o. (Poland), and Hyundai Motor Company (South Korea). These companies offer hydrogen buses and trucks and have strong global distribution networks and are focussing on developing long-range vehicles. For instance, in May 2023, Hyundai Motor launched the commercialized XCIENT Fuel Cell tractor for the North American market at the ACT Expo.
The air suspension market size is projected to reach USD 13.9 billion by 2030, up from USD 10.0 billion in 2024, with a CAGR of 5.6% during the forecast period. The major players in the automotive suspension industry include ZF Friedrichshafen AG (Germany), Continental AG (Germany), ThyssenKrupp AG (Germany), Meritor Inc. (US), and SAF Holland (Germany).
Picture drones delivering packages, robots cleaning your house, or autonomous vehicles navigating city streets—all without human control. Welcome to the future – a world where machines operate independently, making decisions without human intervention. This isn’t science fiction anymore; it’s the “Autonomous World” – a rapidly approaching reality with the potential to reshape our lives and unlock a $10 trillion opportunity by 2035. Let’s explore what the MarketsandMarkets team has uncovered about the Autonomous World and its implications for various sectors.
The global autonomous driving software market is projected to reach USD 7.0 billion by 2035, at a CAGR of 13.3% during the forecast period. The major players in the autonomous driving software market include Mobileye (Israel), NVIDIA Corporation (US), Qualcomm Technologies, Inc. (US), Huawei Technologies Co, Ltd (China), and Aurora Innovation Inc. (US). These companies offer autonomous driving software for automakers and have strong global distribution networks. Companies are also actively collaborating and partnering with other technology providers and OEMs. Mobileye for instance, collaborates with over 50 automakers, such as Mahindra&Mahindra Ltd. (India), Ford Motor Company (US), ZEEKR (China), among others, leveraging partnerships to expand its market reach and enhance ADAS technology integration.
The global fire truck market is projected to reach USD 9.6 Billion by 2030 at a CAGR of 2.7% during the forecast period. Rosenbauer International AG (CFT (Concept Fire Truck)), RT (Revolutionary Technology), ALPAS (Advanced Low-Profile Aerial System), and hybrid variants), Magirus GmbH (Magirus AirCore and Team Cab Electric), IVECO Magirus (Dragon X8 and SuperDragon X6 Electric), E-ONE, a division of the REV Group (Cyclone II Electric and Typhoon II Electric), Volvo Group (FL, FE Electric Fire Truck), and Scania AB (Citywide and P-Series Electric Fire Truck) are major manufacturers of EV fire trucks.
The SUV market is projected to reach 53 million units by 2030, at a CAGR of 4.4% during the forecast period. The top SUV OEMs in the market are Toyota Motors (Japan), Hyundai Motors (South Korea), General Motors (USA), Renault-Nissan-Mitsubishi Alliance, Stellantis N. V. (Netherlands), Honda Motors (Japan), Tesla (USA), Volkswagen (Germany), Ford (USA) , BYD (China) and so on. These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the automotive market.
The automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%. The top automobile OEMs in the market are Toyota Motors Corporation (Japan), Tesla (USA), Volkswagen AG (Germany), Ford (USA) , BYD (China), Hyundai Motor Corporation (South Korea) and so on. The other companies that support the automobile industry with technology development are ABB, Siemens, Nvidia, Waymo, Bosch and others. These companies adopted new product launches, acquisitions, partnerships, collaborations, and other key strategies to gain traction in the automotive market.
The global AVAS market is projected to reach USD 1.7 billion by 2030 and grow at a CAGR of 6.4% over the forecast period. The AVAS market is dominated by major players, including Continental AG (Germany), Hella GMBH & CO. KGAA (Germany), Kendrion N. V. (Netherlands), Harman International (US), and Denso Corporation (Japan). These companies offer AVAS to major OEMs 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 AVAS market.
The global connected car market is projected to reach USD 26.4 billion by 2030 at a CAGR of 13.3% during the forecast period. Major manufacturers in the connected car market include Continental AG (Germany), Robert Bosch GmbH (Germany), Harman International (US), Airbiquity (US), and Visteon (US).
The global BTMS market size is projected to reach USD 8.55 billion by 2030, at a CAGR of 14.7% during the forecast period. The BTMS market is dominated by global players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Webasto Group (Germany), Denso (Japan), and BorgWarner Inc. (US), among others. These companies adopted new product development strategies, expansion, partnerships & collaborations, and mergers & acquisitions to gain traction in the market.
The global electric commercial vehicle traction motor market is projected to reach USD 9.8 billion by 2030, registering a CAGR of 28.8% during the forecast period. The electric commercial vehicle traction motor market is dominated by established players such as ZF Friedrichshafen AG (Germany), Dana Limited (US), Robert Bosch GmbH (Germany), Magna International Inc. (Germany), and Allison Transmission, Inc. (US).
By 2035, automotive OEMs can earn up to $1,600 per vehicle annually from digitally connected living services offered through the car. The total market for connected living services is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%. Major players in the Car as a Connected Living include Mercedez Benz (Germany), BMW (Germany), VW (Germany), Stellantis (Netherlands), Hyundai (South Korea), Toyota (Japan), GM (USA), Ford (USA), Nio (China), Xpeng (China). All OEMs offer vary levels of connectivity solutions through the car.
The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, at a CAGR of 12.5% during the forecast period. The e-compressor market is dominated by globally established players DENSO CORPORATION (Japan), Hanon Systems (South Korea), MAHLE GmbH (Germany), VALEO (France), and Sanden Corporation (Japan).
The automotive turbocharger is projected to reach USD 22.9 billion by 2030, at a CAGR of 7.1% during the forecast period. Major regional automakers such as Toyota Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), The Hyundai Motor Company (South Korea), Mitsubishi Motors Corporation (Japan), and Nissan Motor Co. Ltd. (Japan) have been using turbocharging technology in some gasoline engines to improve the performance and fuel efficiency of the vehicles. Moreover, the Asia Pacific region has recently seen a surge in hybrid vehicle adoption, with Japan. South Korea is leading the regional requirement, depicting an additional market opportunity for electric turbocharger technology to gain traction. Some key turbocharger manufacturers in the region include Mitsubishi Heavy Industries, Ltd. (MHI, Japan), IHI Corporation (Japan), and Turbo Energy Ltd (India).
The global future of EV batteries market is projected to reach 62 million units by 2035, at a CAGR of 12.7% during the forecast period. The major players in Future of EV Batteries market include CATL (China), BYD Company Ltd. (China), LG Energy Solution Ltd. (South Korea), Panasonic Holdings Corporation (Japan), and SK Innovation Co., Ltd. (South Korea). These companies adopted various strategies, such as new product developments and deals, to gain traction in the market.
The electric coolant pump market is projected to reach USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period. The electric coolant pump market is led by established players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Rheinmetall AG (Germany), Mahle GmbH (Germany), Denso Corporation (Japan), Aisin Seiki., Co. Ltd. (Japan), Concentric AB (Sweden), Schaeffler AG (Germany), and Hella GmbH & Co. KgAa (Germany). The study includes an in-depth competitive analysis of these key players in the electric coolant pump market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.
The global automotive filters market is projected to reach USD 14.6 billion by 2030, at a CAGR of 2.1% during the forecast period. The key players in the automotive filters market are MANN+HUMMEL (Germany), Donaldson Corporation (US), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Parker Hannifin (US), Sogefi S.p.A (Italy), Cummins Inc. (US), MAHLE GmbH (Germany), Toyota Boshoku (Japan), and AHLSTROM-MUNKSJO (Sweden). These companies have a strong record in developing and manufacturing automotive filters and their media. They have facilities and manufacturing centers across all regions, such as North America, Asia Pacific, and Europe.
The hydrogen cars market size is projected to reach 353 thousand units by 2035, at a CAGR of 28.3% during the forecast period. The major players in hydrogen cars market include Toyota Motor Corporation (Japan), Hyundai Motor Company (South Korea), SAIC Motors (China), FAW (China), and Yutong (China) among others. These companies offer hydrogen-powered vehicles and have strong distribution networks across the globe.