Automotive & Transportation
Published: 1 September 2022
During the forecast period, the automotive artificial intelligence (AI) market is expected to increase at a CAGR of 33.2%. Government vehicle safety requirements are becoming more stringent, OEMs are adopting ADAS technology at a fast pace, and there is a growing demand for better user experiences, which are all leading to the growth of the automotive AI market.
Published: 1 September 2022
The global automotive composites market size is projected to grow at a CAGR of 10.75% during the forecast period. The growing need for automotive composite for car elements that must work properly also contributes to the market’s growth. The expansion of the automotive composite industry is also fueled by research into well-understood mechanisms and science-based mechanisms.
Published: 1 September 2022
The market for coolant and lubricant is anticipated to grow at a CAGR of 7.1% during the forecast period. The rapid expansion in vehicle sales and infrastructure development in emerging nations has created a significant demand for these coolants and lubricants, with coolants accounting major share of the total coolant and lubricant market in terms of value.
Published: 1 September 2022
During the forecast period, the global automotive cybersecurity market is expected to grow at a CAGR of 16.1%. Increased use of electronics per vehicle and a growing number of linked automobiles, as well as regulatory bodies’ reinforcement of rules for vehicle data protection, are some of the key factors driving the automotive cybersecurity market.
Published: 1 September 2022
During the forecast period, the worldwide automotive fuel cell market is expected to increase at a CAGR of 61.9%. Manufacturers have been obliged to supply fuel cell vehicles all over the world due to factors such as rising demand for low-emission commuting and governments encouraging long-range, zero-emission vehicles through subsidies and tax refunds. As a result, there is a growing market for automotive fuel cells.
Published: 1 September 2022
The market for automotive HUD is expected to grow at a CAGR of 24.1 percent over the forecast period. Increased OEM adoption of modern technologies, quick real-time and reliable data generation from advanced driver support systems, and an increase in connected vehicles are the market’s key drivers.
Published: 1 September 2022
During the forecast period, the Automotive Interior Market is expected to develop at a CAGR of 4.85 %. Increased vehicle production, acceptance of improved seating systems and lighting, expanding demand for infotainment, and an emphasis on delivering comfort and convenience in vehicles are all expected to play a role in the future adoption of automotive interiors.
Published: 1 September 2022
The Automotive Plastics Market is expected to develop at a CAGR of 9.8 percent over the forecast period. Market expansion is anticipated to be driven by an increasing preference for high-performance plastics to replace traditional metals and rubber, as well as rising demand for automotive plastics from emerging economies.
Published: 1 September 2022
During the forecast period, the global automotive robots market is expected to increase at a CAGR of 9.4%. The market is likely to be driven by factors such as wage inflation, automotive OEMs and component suppliers focusing on improving overall profitability, and rising vehicle demand.
Published: 1 September 2022
The market for automotive seats is expected to increase at a CAGR of 5.22% over the forecast period. Increasing worldwide vehicle demand, particularly in the passenger car and SUV / MPV segments, as well as increasing premium vehicle sales with premium features, luxury, and comfort, are likely to drive the automotive seat market significantly during the forecast period.