August 16, 2022
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Automotive

Electric Power Steering Market Estimated to Reach $41.9 Billion by 2026

Global Electric Power Steering Market is estimated to reach $41.9 billion by 2026, forecast to grow at a CAGR of 5.2% during 2021-2026. Increasing adoption of Electric Power Steering in passenger car as well as commercial vehicles is one of the major driving factor that is expected to drive the automotive Electric Power Steering market […]

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Automotive

Driveline Market Size Anticipated to Grow at a CAGR of 15.2% During the Forecast Period 2021-2026

Driveline Market size was valued at $20.1 billion in 2020, and it is estimated to grow at a CAGR of 15.2% during 2021-2026. Trend towards all-wheel drive (AWD) from front-wheel drive (FWD) has increased the demand for drivelines. Additionally, integration of electronic control unit, E-CVT E-axle in vehicles for enhanced fuel efficiency is set to […]

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Automotive

Air Suspension Market Size Forecast to Reach $8.6 Billion by 2026

Air Suspension Market size is forecast to reach $8.6 billion by 2026, after growing at a CAGR of 3.8% during 2021-2026. The rise in technological advancements such as the introduction of chassis air suspension control, electronically controlled air suspension system (ECAS), electronic air suspension system (EASS) and non-electronically controlled air suspension system that is fueling […]

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Automotive

Air Brake System Market Estimated to Reach $5.2 Billion by 2026

Global Air Brake System Market is estimated to reach $5.2 billion by 2026, after growing at a CAGR of 3.6% during the forecast period 2021-2026. Increasing adoption of air brake or air compressor brake solutions in medium to heavy duty vehicles is one of the major driving factor that is expected to drive the automotive […]

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Automotive

Low Speed Vehicle Market Forecast to Reach $6.1 Billion by 2026

The Market for Low Speed Vehicle is forecast to reach $6.1 billion by 2026, growing at a CAGR of 7.5% from 2021 to 2026. The Low Speed Vehicle market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for adoption of these vehicles in golf courses, hotel, industries, […]

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Automotive

E-tailing Market Forecast to Reach $9.09 Trillion by 2026

The Market for E-tailing is forecast to reach $9.09 trillion by 2026, growing at a CAGR of 15% from 2021 to 2026. Electronic retailing (E-tailing) is simply the sale of products and services through the Internet. The E-tailing Market is estimated to witness sustainable growth over the forecast period majorly because of improved online marketing […]

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Automotive

X-by-wire Systems Market Anticipated to Reach $234 Million by 2026

X-By-Wire Systems market is anticipated to reach $234 million by 2026 growing at a CAGR of 10.2%. X-by-wire system replaces the conventional mechanical control systems with electronic throttle control systems by using electro-mechanical actuators and human-machine interfaces such as steering feel emulators and pedals. With the use of this system, the use of traditional components […]

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Automotive

PLC Integrated HMI Market Estimated to Surpass $3.8 Billion Mark by 2026

The PLC Integrated HMI Market is estimated to surpass $3.8 billion mark by 2026 growing at an estimated CAGR of more than 9.2% during the forecast period 2021 to 2026on account of increasing demand of control panels and connected devices in the industrial automation. The market growth is being propelled by rising demand from Aerospace & […]

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Automotive

Smart Display Market Size Anticipated to Grow at a CAGR of 11.5% During the Forecast Period 2021-2026

Smart Display Market size was valued at $6.5 billion in 2020 and is estimated to grow at a CAGR of 11.5% during 2021-2026. The growth is mainly attributed to the increasing adoption of smart signage displays in automotive and consumer electronic industries and is poised to drive the smart display industry. Growing demand of remote […]

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Automotive

Driver Monitoring System Market Estimated to Surpass $2.1 Billion Marks by 2026

The global Driver Monitoring System Market is estimated to surpass $2.1 billion marks by 2026 growing at an estimated CAGR of more than 9.8% during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver activeness and stringent government regulations related to driver monitoring will boost the Driver Monitoring Systems […]

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