China’s demand for Automotive Glues has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
The global automotive chip market was valued at US$52.53 billion in 2021, and is projected to be worth US$92.21 billion in 2026. Automotive chips are a unique class of electronic parts with the ability to conduct electricity under specific conditions. In order to assure that the corresponding component functions effectively under all circumstances,...
The Automotive Smart Lighting Market was valued at USD 4,096.54 million in 2021, and it is expected to reach USD 6,908.37 million in 2027, witnessing a CAGR of 9.09% during the forecast period. The COVID-19 pandemic harmed the market studied, primarily attributed to halted manufacturing activities. The economic slowdown, coupled with...
The global machine condition monitoring market is expected to grow from USD 2.8 Billion in 2022 to USD 4.0 Billion by 2027, at a CAGR of 7.8% during 2022?2027. Increasing use of vibration sensors and vibration analyzers for vibration monitoring and rising inclination of several industries towards predictive maintenance techniques are some...
China’s demand for Fluororubber has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
China’s demand for Air Bags has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
The global automotive wheels aftermarket market is estimated to grow from USD 3.4 billion in 2022 at a CAGR of 3.5% to reach USD 4.1 billion by 2027. Increased demand for lightweight materials will boost the automotive wheels aftermarket. However, maintaining a balance between performance, cost, and weight creates a hurdle for the growth of...
The global automotive HUD market is projected to reach USD 3.9 billion by 2027 from USD 1.0 billion in 2022, at a CAGR of 30.4% during the forecast period. The increase in the variety of connected features available in a passenger car and the safety and convenience attached to them have increased the demand for connected vehicles that provide...
China’s demand for Automotive Fluids & Chemicals has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The global automotive pump market is estimated to grow from USD 14.8 billion in 2022 to USD 18.0 billion by 2027, at a CAGR of 4.1%. Major vehicle manufacturers across the globe are focusing on introducing fuel-efficient vehicles to cater to the increased demand from consumers. Moreover, to curb rising pollution, several countries have implemented...