The global two-wheeler tire market, valued at USD 18.95 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 5.71%, reaching approximately USD 26.36 billion by 2029. This growth is fueled by several key factors, including increased global motorcycle sales, a rising demand for high-performance and specialized tires, and advancements in tire… Read More »
The global automotive parts die casting market has witnessed substantial growth, driven by the increasing demand for lightweight, high-strength, and durable automotive components. According to the TechSci Research report, the market was valued at USD 63.7 billion in 2023 and is projected to reach USD 91.68 billion by 2029, with a compound annual growth rate (CAGR) of… Read More »
The Global Automotive Over-The-Air (OTA) Updates Market, valued at USD 6.07 billion in 2023, is projected to reach USD 8.61 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.37% throughout the forecast period. This market represents a dynamic transformation in how automotive companies manage in-vehicle software, driven by advancements in electric vehicles, advanced… Read More »
The global automotive relay market, valued at USD 19.02 billion in 2023, is projected to reach USD 27.12 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.15% during this forecast period, according to TechSci Research. Automotive relays play a pivotal role in managing electrical circuits in vehicles, and their demand is increasing due… Read More »
The Global Drive By Wire Market is experiencing a significant surge in demand, spurred by increased requirements for vehicle safety features, advancements in automotive electronics, and the rise of electric and autonomous vehicles. According to TechSci Research, the market reached a valuation of USD 22.74 billion in 2023 and is projected to grow at a CAGR of 8.04% until 2029. This report delves into… Read More »
According to TechSci Research’s report, “Automotive Closure Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F,” the global automotive closure market stood at USD 42.64 billion in 2023, projected to grow at a CAGR of 6.44% through 2029. This market’s growth is fueled by advancements in technology, increased demand for convenience and safety, and… Read More »
The Global Utility Terrain Vehicles (UTV) Market has emerged as a significant player within the automotive industry, catering to both recreational and commercial needs. According to a TechSci Research report, the market was valued at USD 10.74 billion in 2023 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.44% through 2029. This… Read More »
Selective Catalytic Reduction (SCR) technology has become increasingly essential as the world addresses the environmental and health impacts of air pollution, especially emissions from internal combustion engines. According to TechSci Research, the global Selective Catalytic Reduction Market reached USD 18.52 billion in 2023 and is projected to expand to USD 27.50 billion by 2029, with a compound… Read More »
According to the TechSci Research report, “Automotive Aftermarket Fuel Additives Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F,” the global automotive aftermarket fuel additives market was valued at USD 1.47 billion in 2023 and is anticipated to reach USD 2.20 billion by 2029, registering a compound annual growth rate (CAGR) of 7.02% through… Read More »
The automotive industry is undergoing a transformative phase characterized by electrification and the shift towards sustainable mobility. One of the groundbreaking technologies driving this change is the in-wheel motor, a type of electric motor integrated directly into a vehicle’s wheel hub. According to TechSci Research, the Global In-Wheel Motor Market was valued at USD 3.11 Billion in 2023 and is… Read More »