Automotive and Parts Research Reports

The global automotive transmission market was prized by USD 152.32 billion in 2020. It is estimated to witness 5.2% CAGR from 2021 to 2028.The development of transmission methods and technical progressions, according to the operational necessities, through a number of vehicle categories, together with the passenger cars and Heavy Commercial Vehicles (HCVs), are the factors estimated to steer the expansion of the market forautomotive transmission, during the forecast period.Read More »

With reference to the report published, the global automotive smart display market size was prized by USD 11.37 billion in 2020. It is estimated to witness 6.2% CAGR from 2021 to 2028.The rising insist for the sophisticated utilities, such as driver assistance, navigation, multimedia systems and the driver-to-vehicle communication are the factors, expected to increase the usage of the automotive smart display.Read More »

The global car care products market size was worth USD 12.04 billion in 2019. It is anticipated to register 4.2% CAGR over the forecast duration. Factors such as increasing sales of automotive and technical advancements in car washing are driving the market growth. Market players are emphasizing on the development of products with multiple uses.Read More »

The U.S. recreational vehicle (RV) awnings market size was accounted for USD 1.20 billion, in 2017. It is projected to grow at a CAGR of 4.2% over the forecast period, 2018 to 2025. Growing consumer inclinations towards recreational outdoor activities such as camping is propelling the demand for the product. In addition, the technological innovations with expansion and retraction approach and installation of the product is projected to boost the market growth.Read More »

The U.S. automotive battery aftermarket size was accounted for USD 3.8 billion, in 2017. It is projected to grow at a CAGR of around 1.4% over the forecast period, from 2018 to 2025. Strict government regulations regarding hazardous gases emission in the automobile industry is expected to proliferate the market growth.Read More »

The global on-highway vehicle lighting market size was accounted for USD 27.38 billion in 2017 and estimated to grow with a CAGR of 5.4% over the forecast period, from 2018 to 2025.  Increasing automobile production across both developed as well as developing regions, especially in emerging countries like Mexico, China and India is a major factor driving the market growth. Moreover, technological advancement in lighting technology, enhanced road safety and strict government regulations for using energy-efficient lights in vehicles are other factors expected to fuel the market growth over the forecast period.Read More »

The global automotive motor market size was accounted for USD 31.33 billion in 2018 and is projected to grow at a CAGR of 6.7% over the forecast period, from 2019 to 2025. The use of automotive motors has been witnessing steady growth in the past few years. The growing focus by OEMs to optimize the design and implementation of advanced manufacturing processes for offering more efficient products will drive the product demand over the forecast period.Read More »

The global amusement parks market size was accounted for USD 45.2 billion in 2017 and expected to grow with a CAGR of 5.8% over the forecast period, from 2018 to 2025. Accommodation facilities, merchandise, and innovative rides in amusement parks are attracting visitors of different age groups. Therefore, a rising number of visitors including children and parents are expected to drive the market growth over the forecast period.Read More »

The global automotive chip market size was accounted for USD 22.73 billion in 2016. It is projected to witness a CAGR of 10.7% over the forecasted years, 2017 to 2025. The rising need to adopt these chips in smart vehicles for data networking and increasing awareness about the safety and security of passengers is expected to boost market growth across the globe.Read More »

The global dashboard camera market size was accounted for USD 2.8 billion in 2019. It is projected to witness a CAGR of 12.9% over the forecasted years, 2020 to 2027. The increasing need to ensure vehicle safety and security coupled with the initiatives being undertaken by governing authorities for the promotion of these products is expected to propel the market growth.  Read More »

The global automotive e-axle market size was accounted for USD 6,405.1 million in 2018. It is projected to grow at a CAGR of 23.7% over the forecast period, 2019 to 2025. Growing demand for e-axle in light commercial vehiclesis expected to proliferate the market growth. In addition, increasing spending on R & D activities and rising need for automotive e-axle in heavy vehicles is supporting the market growth.Read More »

The global automotive hypervisor market size was accounted for USD 97.3 million in 2018 and expected to grow with a CAGR of 33.2% over the forecast period, from 2019 to 2025. A hypervisor is computer software that allows multiple applications and guest operating systems to run on a single host platform. This technology is majorly used in vehicles that comprise features like driving assistance and automated driving.Read More »

The global skid steer loaders market size was accounted for USD 2.15 billion in 2018. It is projected to witness 2.4% CAGR over the forecasted years, 2019 to 2025. The rising number of construction activities, need to carry out work in tight spaces and with lower operational costs are expected to drive the market demand.Read More »

The global off-highway vehicle lighting market size was accounted for USD 763.1 million in 2017. It is anticipated to grow at the CAGR of 7.0% from 2018 to 2025. The increasing demand from mining and construction industry is expected to be a key factor responsible for the market growth. Moreover, growing trend of LED’s for lighting with higher efficiency is also anticipated to boost the product demand.Read More »

The Germany automotive aftermarket size was accounted for USD 21.5 billion in 2018 and expected to grow with a CAGR of 1.1 % over the forecast period, 2019 to 2025. Factors such as product innovation and rising service orientation are majorly driving the growth of the automotive aftermarket in Germany. Further, Innovation by market players in product line including lighting & electronic components, turbochargers, and engines with high capacity are some major factor expected to boost the automotive aftermarket growth in Germany. Read More »

The electric vehicle traction motor market size across the globe was valued USD 1.98 billion in 2018. It is projected to witness 41.6% CAGR over the forecasted years, 2019 to 2025. The rising investments for the development of electric vehicles (EVs) coupled with the surging need for energy-efficient motors are projected to drive the market growth.Read More »

The global automotive wheels aftermarket size was valued USD 5.79 billion in 2018. It is projected to witness a CAGR of 3.0% CAGR over the forecasted years, 2019 to 2025. The rising demand for passenger cars, luxury vehicles, and racing cars prevailing among the millennial population is projected to surge the after-sales demand for wheels. Also, wear and tear of wheels due to cracks and hurdles present on roads is projected to drive the need for automotive wheels.Read More »

The global gaskets and seals market size was accounted for USD 57.4 billion in 2018 and is projected to grow at the CAGR of 3.7% over the forecast period, 2019 to 2025. Growing applications from the automotive and microelectronics sector for form-in-place solution is projected to propel the market growth.Read More »

The global automotive steel market size was accounted for USD 104.47 billion in 2018 and expected to grow with a CAGR of 3.2% during the forecast period, from 2019 to 2025. Automobile manufacturers are focusing on reducing vehicle weight in order to meet stringent emission reduction.Read More »

The global automotive axle market size was worth USD 59.18 billion in 2019. The market is anticipated to witness a CAGR of 1.1% from 2020 to 2027. In 2019, there were 195 million units recorded. Rising sales of automobile globally coupled with consumer preferences for luxury and hybrid vehicles are proliferating the demand for the automotive axle. Additionally, the growing use of advanced technologies to cut down the vehicle cost is supplementing the market growth.Read More »