The railway ac system market volume was USD 3.1 billion in 2023 and is expected to reach USD 5.4 billion in the forecasted period by 2030 at a CAGR of 7.2%. The market is driven by higher-level investments in rail development, growth of metro and high-speed trains, and innovation in energy-saving... Read More
The pneumatic caster market was USD 750 million in 2023 and is estimated to reach USD 1.2 billion by 2030, with a CAGR of 6.4% from 2024 to 2030. The growth is driven by the growing usage of smart material handling equipment, increasing industrialization, and the necessity for improved handling s... Read More
The two-wheeler keyless entry system market was worth USD 780 million in 2023 and is expected to reach USD 1.8 billion by 2030 at a compound annual growth rate of 12.4%. An increasing number of incidents of theft, sophistication in electric and electronics of automobile industries, and incorporat... Read More
The global heavy-duty vehicle braking system market was worth USD 12.5 billion in 2023 and is expected to reach $19.3 billion by 2030, with a CAGR of 6.3%. This growth is due to aspects such as; increased safety standards, developments in the brake systems, and the enhancement of electric heavy d... Read More
The automotive seat belt pretensioner market was worth USD 12,079 billion in 2023 and is expected to reach USD 20,548 billion by 2030, with a CAGR of 7.45%. Higher concerns for road safety, development in automotive safety systems, and an increase in the production of automotive vehicles worldwid... Read More
The air-intake system market was worth USD 12.8 billion in 2023 and is forecasted to reach USD 18.3 billion by 2030, growing at a CAGR of 5.1%. The growth of the market is expected to be driven by the rising use of turbochargers, the improvement of air filtration technologies, and the general ris... Read More
The two-wheeler hub motor market was USD 3.5 billion in 2023, and by 2030, it is estimated to be worth USD 8.1 billion, growing at a compound annual growth rate of 12.3%. This market is thus driven by rising environmental consciousness globally, stating the encouragement of electric cars (EVs) an... Read More
Transportation seals market size globally reached $15.6 billion in 2023 and is expected to reach $22.4 billion by 2030 at a CAGR of 5.3% during the assessment years. Higher usage of lightweight and durable sealing materials and higher investment in the automotive and aerospace industries are some... Read More
Bulletproof tires market size globally was worth $ 1.2bn in 2023 and is expected to be $ 2.1bn by 2030 at a Compound Annual Growth Rate of 7.5%. The demand for security in automotive, defense, and VIP transportation has made bulletproof tires increasingly relevant today. The rising risks of car-j... Read More
The automotive clear vision systems market size was USD 6.8 billion in 2023 and is expected to reach USD 10.5 billion by 2030, with 6.3% CAGR during 2024–2030.
The Automotive Clear Vision Systems Market is defined as systems that help the driver enhance visibility... Read More