The automotive lighting market was valued at USD 26.49 billion in 2020, and it is expected to reach USD 39.77 billion by 2026, projecting a CAGR 6.55% during the forecast period. Global sales of cars and SUVs fell to just under 77 million units in 2020, down from a peak of almost 94.35 million units in 2017. The sector is projected...
The semiconductor silicon wafer market was valued at USD 9.85 billion in 2019 and is expected to reach USD 13.64 billion by 2025, with a CAGR of 6.18% during the forecast period from 2020 to 2025. With semiconductors emerging as the building blocks of all modern technology, the innovations and advancements in this field are directly impacting...
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 aluminum parts gravity die casting market was valued at USD 5,351 in 2020 million and is projected to reach USD 7,413 million by 2026, registering a CAGR of about 4.82% during the forecast period (2021 - 2026). During the outbreak of coronavirus during 2020, the whole supply chain of automotive industry was impacted very...
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...
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...
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...
The global robot end-effector market was valued at US$ 3,125.59 million in 2020 and is projected to reach US$ 9,664.68 million by 2028; it is expected to grow at a CAGR of 15.6% during 2021–2028. The robot end-effectors market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM.The market is highly...
China’s demand for Automotive Electronics 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 fabric market was valued at US$ 32,665.34 million in 2019 and is projected to reach US$ 45,186.05 million by 2027; it is expected to grow at a CAGR of 4.4% from 2020 to 2027. Automotive fabrics are available in the form of woven or nonwoven and coated or composite type.These fabric materials are quite flexible,...