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Sector Analysis
NewAutomotive Tyres and Wheels Market Trends, Sector Overview and Forecast to 2028
The global tires and wheels market was at 942.7 mn units in 2023, recording a substantial annual growth of 9.3%. However, the sector posted a negative CAGR of 1.0% during 2018–23. Over the forecast period, the sector is expected to record a CAGR of 1.4% to reach 1.0 bn units by 2028.​ Tyres garnered a share of 43.8% in 2023 and are expected to account for 43.9% by 2028 while wheels aluminum accounted for 22.7% in 2023 and is expected...
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Sector Analysis
NewAutomotive Ignition Systems Market Trends, Sector Overview and Forecast to 2028
The global ignition systems market is valued at 804.2 mn units in 2023, recording an annual growth of 4.7%. However, the sector posted a negative CAGR of 3.6% during 2018-23. Over the forecast period, the sector is expected to record a negative CAGR of 2.7% to reach 701.5 mn units by 2028. The top five companies operating in global automotive ignition systems are Denso, Valeo, Bosch, Mitsubishi Electric, and BorgWarner. This report brings together multiple data sources to provide a...
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Sector Analysis
NewAutomotive Vision Systems Market Trends, Sector Overview and Forecast to 2028
The global vision systems market was at 709.3 mn units in 2023, with a substantial annual growth of 11.3%. The sector posted a CAGR of 0.1% during 2018–23. ​The sector is expected to record growth of 2.0% to reach 782.3 mn units by 2028 over the forecast period. This report brings together multiple data sources to provide a comprehensive overview of the global automotive Vision systems sector. It includes analysis on the following - Trends & Drivers: Provides an overview...
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Sector Analysis
NewAutomotive Suspension Systems Market Trends, Sector Overview and Forecast to 2028
The global suspension systems market is recorded at 364.1 mn units in 2023, registering a substantial annual growth of 10.5%. However, the sector posted a negative CAGR of 0.7% during 2018–23. Over the forecast period 2023–28, the sector is expected to record a CAGR of 1.7% to reach 400.4 mn units by 2028.​ The suspension systems sector consists of two segments: conventional and electronic shocks. In 2023, shocks–conventional, garnered the largest share of 87.1%, which is expected to decrease to...
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Sector Analysis
NewAutomotive Vehicle Access, Anti-theft and Security Market Trends, Sector Overview and Forecast to 2028
The global vehicle access, anti-theft, and security systems market is recorded at 111.5 mn units in 2023, recording a substantial annual growth of 15.0%. However, the sector posted a negative CAGR of 0.8% during 2018–23, primarily owing to the prolonged impact of COVID-19. Over the forecast period, the sector is expected to record a CAGR of 4.3% to reach 137.9 mn units by 2028.​ Active keyless entry garnered a share of 55.0% in 2023 and is expected to account for...
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Company Insights
Innovation and Patenting activity of OE Solutions Co., Ltd. Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of OE Solutions Co., Ltd. Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will...
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Sector Analysis
NewAutomotive Advanced xEV Batteries Market Trends, Sector Overview and Forecast to 2028
The global market of Advanced xEV Batteries recorded 26.8 mn units in 2023. From 2018 to 2023, the sector had a CAGR of 41.1% during 2018–23. The sector is forecast to post a healthy CAGR of 15.0% over 2023–28 and is anticipated to increase and record 53.9 mn units in 2028. This report brings together multiple data sources to provide a comprehensive overview of the global battery technologies sector. It includes analysis on the following - Trends & Drivers: Provides...
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Sector Analysis
NewAutomotive Exhaust Systems Market Trends, Sector Overview and Forecast to 2028
The global exhaust systems market was at 88.9 mn units in 2023, recording a substantial annual growth of 5.5%. However, the sector posted a negative CAGR of 4.0% during 2018–23, primarily owing to the prolonged impact of COVID-19. Over the forecast period, the sector is expected to record a negative CAGR of 2.7% during 2023–28 to reach 77.5 mn units by 2028. This report brings together multiple data sources to provide a comprehensive overview of the global Exhaust systems sector....
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Sector Analysis
NewAutomotive Transmission and Clutch Technologies Market Trends, Sector Overview and Forecast to 2028
The global transmissions and clutches market is estimated at 175.8 mn units in 2023, recording a substantial annual growth of 8.2%. However, the sector posted a negative CAGR of 1.1% during 2018–23. Over the forecast period, the sector is expected to record a CAGR of 2.3% to reach 196.6 mn units by 2028. The top five companies operating in the global transmission and clutches are Aisin, Hyundai, Volkswagen, Suzuki Motor, Toyota, JATCO, and ZF Friedrichshafen. This report brings together multiple...
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Sector Analysis
NewAutomotive Lighting Market Trends, Sector Overview and Forecast to 2028
The size of the global automotive lighting market was at 182.1 mn units in 2023, recording a substantial annual growth of 10.5%. ​The sector posted a negative CAGR of 0.7% during 2018–23. Over the forecast period, the sector is expected to record a CAGR of 1.7% to reach 198.5 mn units by 2028. The top five companies operating in global automotive lighting are Koito, Valeo, Hella, Stanley Electric, and Marelli. This report brings together multiple data sources to provide a...