-
Sector Analysis
NewAutomotive Material Market Trends, Sector Overview and Forecast to 2028
To increase the development and production of new materials OEM manufacturers and suppliers are building new plants and production lines to enhance the capacity of the production process. Many companies have announced an investment in its material products. Introducing a new hybrid compound line will help produce value-added compounds for the automotive industry. The top five companies operating in the global material trends are 3M, Novelis, Bridgestone, Posco, and Benteler. This report brings together multiple data sources to provide a...
-
Sector Analysis
NewAutomotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
The global electric motors market is recorded at 958.3 mn units in 2023, recording a substantial annual growth of 8.7%. The sector posted a CAGR of 0.8% during 2018–23. The sector is forecast to post a healthy CAGR of 15.3% over 2023–28 and is anticipated to increase and record 54.0 mn units in 2028.​ In 2023, Power Windows garnered the largest share of 24.4% among all electric motors' components, which is expected to decrease to 22.6% by 2028. Wiper Motors’...
-
Sector Analysis
NewAutomotive Connected Vehicle Technologies Market Trends, Sector Overview and Forecast to 2028
The global connected technology market was at 48.2 mn units in 2023. The sector posted a negative CAGR of 6.8% during 2018–23.​The sector is expected to record a growth of 5.7% over the forecast period to reach 63.6 mn units by 2028. This report brings together multiple data sources to provide a comprehensive overview of the global automotive connected Vehicle Technologies sector. It includes analysis on the following - Trends & Drivers: Provides an overview of current sector scenario regarding...
-
Sector Analysis
NewAutomotive Autonomous Driving Systems Market Trends, Sector Overview and Forecast to 2028
The size of the global autonomous driving systems market was 212.5 mn units in 2023, recording a substantial annual growth of 15.2%. During 2018–23, the sector posted a CAGR of 5.1%. Over the forecast period, the sector is expected to record a CAGR of 5.2% to reach 274.2 mn units by 2028. In 2023 adaptive cruise control (ACC) garnered a share of 14.0%, radar -–long range garnered a share of 16.3%, radar-short/medium garnered a share of 27.7%, and GPS/GNSS unit...
-
Sector Analysis
NewAutomotive Sensors Market Trends, Sector Overview and Forecast to 2028
In 2023, the global sensors market reached at 9.49 bn units with a significant annual growth rate of 9.2%. However, from 2018 to 2023, the sector experienced a compound annual growth rate of 0.7%. Looking ahead, it is expected to achieve a CAGR of 0.1% in the forecast period and reach 9.54 bn units by 2028.​ In 2023, the Safety and Body Control segment had the largest share at 38.4%, and it is projected to increase to 41.6% by 2028....
-
Track & Monitor
NewElectric vehicles in automotive: EV integrated thermal mgmt
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the automotive industry’s EV integrated thermal mgmt segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge.
-
Sector Analysis
NewAutomotive Steering Systems Market Trends, Sector Overview and Forecast to 2028
The global steering systems market recorded 91.0 mn units in 2023, recording an annual growth of 10.5%. However, the sector posted a negative CAGR of 0.7% during 2018-23, primarily owing to the prolonged impact of COVID-19. Over the forecast period, the sector is expected to reach 100.1 mn units by 2028 and record a CAGR of 1.9%.​ In 2023, Steering–Power Electrical garnered the largest share of 83.4%, which is expected to decrease to 82.7% by 2028​, while Steering–Power Hydraulic accounted...
-
Sector Analysis
NewAutomotive Roof Systems Market Trends, Sector Overview and Forecast to 2028
The size of the global roof systems market was at 39.0 mn units in 2023, recording a substantial annual growth of 11.6%. The sector posted a negative CAGR of 1.9% during 2018–23. Over the forecast period, the sector is expected to record a CAGR of 2.8% to reach 44.9 mn units by 2028.​ Roof–conventional sunroof garnered a share of 65.1% in 2023 and is expected to account for 66.2% by 2028 while roof-large sunroof accounted for 27.6% in 2023 and...
-
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...
-
Sector Analysis
NewAutomotive Door Modules Market Trends, Sector Overview and Forecast to 2028
The size of the global light vehicles door modules market was 371.0 mn units in 2023. However, the sector posted a negative CAGR of 0.3% 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 1.9% to reach 406.9 mn units by 2028. This report brings together multiple data sources to provide a comprehensive overview of the global automotive Door Modules sector. It includes analysis on the...