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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...
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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...
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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....
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Sector Analysis
NewAutomotive Material Market Trends, Sector Overview and Forecast to 2028
Automotive Material Market Report Overview Manufacturers are focusing on developing more fuel-efficient and eco-friendly materials for cars. For this purpose, automakers are progressively incorporating lightweight materials such as aluminum, carbon fiber, and magnesium into various car components. This helps enhance fuel efficiency, extend the range of electric vehicles, and improve handling.​ The automotive material market research report provides a comprehensive overview of the automotive material market trends and drivers. The report also provides a detailed overview of technological developments and...
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Sector Analysis
NewAutomotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
Automotive Electric Motors Market Report Overview The automotive electric motors market size was 958.3 million units in 2023. The market will grow at a CAGR of more than 15% during 2023-2028. The anticipated surge in electric vehicles in the future will lead to a corresponding increase in demand for electric motors. Â In 2023, Asia-Pacific accounted for a significant share of the electric motors market. Automotive Electric Motors Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on...
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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.
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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...
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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 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....