The current trends in Automotive industry include shiting towards electric vehicle adoption, autonomous vehicles, connected cars, e-commerce penetrations, potential shift of consumers, etc. The automotive and transportation industry includes different subsegments such as automotive vehicles, auto parts, automotive electronics, automotive software and solutions
The automotive oil filter market was valued at USD 3.84 billion in 2023 and is projected to reach USD 5.56 billion by 2031, growing at a CAGR of 4.73% from 2024 to 2031. Automotive oil filters are essential components for maintaining engine efficiency, preventing wear and tear by removing contaminants like dirt, metal particles, and […]
The Global Smart Highway Market is projected to grow from USD 49.0 billion in 2023 to USD 148.9 billion by 2031, at a CAGR of 14.9%. Smart highways incorporate advanced technologies such as Intelligent Transport Management Systems, IoT devices, and communication systems to improve traffic flow, road safety, and sustainability. Governments are investing heavily in
The global automotive ECU market was valued at USD 70.91 billion in 2023 and is projected to reach USD 110.49 billion by 2031, growing at a CAGR of 5.7% from 2024 to 2031. Automotive ECUs are integral components in modern vehicles, controlling essential electrical systems and subsystems. This market insight report by DataGuru Research Partners
The Tower Crane Market was valued at USD 7.4 billion in 2023 and is projected to reach USD 10.60 billion by 2031, growing at a CAGR of 4.6% from 2024 to 2031. Tower cranes, essential for high-rise building construction and large infrastructure projects, are witnessing increasing demand driven by rapid urbanization, infrastructure development, and rising
The EV charging infrastructure market is poised for remarkable growth, projected to increase from USD 25.83 billion in 2023 to USD 157.94 billion by 2031, at a robust CAGR of 25.4%. This market report provides a comprehensive analysis of key market drivers, technological advancements, and regional trends that are shaping the future of electric vehicle
The electric bicycle market is experiencing significant growth, driven by the rising demand for eco-friendly transportation, efficient urban mobility, and sustainable commuting options. Valued at USD 43.59 billion in 2023, the market is projected to reach USD 128.8 billion by 2031, growing at a CAGR of 14.5% from 2024 to 2031. With a diverse range
The Parking Reservation System market is expected to grow significantly from USD 1.45 billion in 2023 to USD 3.38 billion by 2031, with a compound annual growth rate (CAGR) of 11.15%. PRS solutions, such as mobile-based applications, web-based platforms, and voice call systems, allow users to reserve parking spaces in advance, optimizing parking management, reducing congestion,
The Global Automotive Connector Market is set to grow significantly, projected to reach USD 36.2 billion by 2031, from USD 20.46 billion in 2023, with a CAGR of 7.4%. This report by DataGuru Research Partners offers a comprehensive analysis of market dynamics, trends, and technology developments shaping the automotive connectors industry. Automotive connectors, essential for
The global Off-Highway Tire Market, valued at USD 30.9 billion in 2023, is projected to grow at a CAGR of 6.5% to reach USD 51.1 billion by 2031. This report provides comprehensive insights into market dynamics, including key drivers, trends, and opportunities across regions and major tire types—such as agricultural, construction, mining, and industrial tires.
The Global Automotive Radar Sensors Market is expected to grow significantly, reaching USD 6.24 billion by 2031, from USD 2.72 billion in 2023, driven by a robust CAGR of 10.94% from 2024 to 2031. Automotive radar sensors play a crucial role in enhancing vehicle safety and supporting the advancement of autonomous driving technologies. Key applications