Go green at large as a major trend has been gaining more and more importance as a design concept for the automobile industry. The industry is at a point where the complexity, the cost of technology, market dimensions and market positioning are determ ....see more
The automotive differential market is projected to reach USD 23.7 billion by 2027, at a CAGR of 3.5% during the forecast period. The automotive differential market is led by established global suppliers such as GKN Driveline (UK), Eaton plc (Ireland), American Axle & Manufacturing Company (US), JTEKT Corporation (Japan), Dana Inc. (US), BorgWarner Inc (US), Linamar Corporation (Canada), Schaeffler AG (Germany), ZF (Germany), and Hyundai Wia Corporation (South Korea). These companies adopted several strategies to gain traction in the automotive differential market. New product development, partnerships, and expansion strategies from 2018 to 2022 helped them to innovate its offerings and broaden its customer base.
The global automotive lighting market is projected to reach USD 28.5 billion in 2027, at a CAGR of 5.3% during the forecast period. The key players in the automotive lighting market are Hella (Germany), Osram (Germany), Valeo (France), Continental (Germany), Philips (Netherlands), and Bosch (Germany). The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.
The global terminal tractor market is projected to reach USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period. Kalmar (Finland), Terberg Special Vehicles (Netherlands), Capacity Trucks (US), MAFI Transport-Systeme GmbH (Germany), and TICO Tractors (US), are the key companies operating in the terminal tractor market. These companies adopted new product launches, partnership, and supply contracts to gain traction in the terminal tractor market.
The light electric vehicle market is projected to reach USD 122.7 billion by 2027, registering a CAGR of 9.4% during the forecast period. The LEV market is primarily dominated by players like Textron Inc. (US), Polaris Inc. (US), John Deere (US), Yamaha Motor Co. Ltd., Club Car Inc. (US), and BMW AG (Germany) among others.
The micro-mobility market is projected to reach USD 6.1 billion by 2027 at a CAGR of 12.5% during the forecast period. The micro-mobility market is dominated by a few globally established companies such as Bird Global, Inc. (US), Lyft, Inc. (US), Lime (US), Helbiz Inc. (US), Dott (Netherlands). TIER (Germany), Bolt (Estonia), Voi (Sweden), and Veo (US).
The electric utility vehicle market is projected to reach USD 23.9 billion by 2027, registering a CAGR of 4.8% during the forecast period. The electric utility vehicle market is dominated by established players such as Polaris (US), Club Car (US), Toyota Industries Corporation (Japan), John Deere (US), and Textron (US), among others. These players have worked on providing offerings for the electric utility vehicle ecosystem. They have initiated partnerships to develop their electric utility vehicle technology and offer best-in-class products to their customers.
The forklift market is projected to reach USD 84.5 billion by 2027, at a CAGR of 7.5% during the forecast period. The forklift market is dominated by giants such as Toyota Industries Corporation (Japan), Kion Group AG (Germany), Mitsubishi Logisnext Co Ltd (Japan), Jungheinrich AG (Germany), Hyster-Yale Materials Handling (US), Hyundai Construction Equipment Co., Ltd (South Korea), Komatsu (Japan), Clark Material Handling Company (CMHC) (US), Kalmar (Finland), Cat Lift Trucks (Netherlands), Anhui Heli Co., Ltd (China), Crown Equipment Corporation (US), Doosan Industrial Vehicle (South Korea), Godrej Material Handling (Godrej & Boyce Manufacturing Co. Ltd.) (India), Ep Equipment (China), Lonking Machinery Co., Ltd (China), Linde Material Handling (Germany), Bobcat Company (Republic of Korea), Combilift (Ireland), Vallée (Canada), Narrow Aisle Inc (US), Manitou Group (France), Hoist Material Handling (US), Konecranes (Sweden) and Hangcha (China).
The fluid transfer system market is projected to reach USD 25.0 billion by 2027, at a CAGR of 5.6% during the forecast period. The fluid transfer system market is dominated by global players and comprises several regional players. The key players in the fluid transfer system market are Cooper Standard (US), Kongsberg Automotive (Switzerland), TI fluid systems (UK), Continental AG (Germany), Akwel (France), Gates Corporation (US), Hutchinson (France), Lander Automotive (UK), Tristone (Germany), and Castello Italia (Italy).
The Electric Vehicle Plastics market is projected to reach USD 12.6 billion in 2027, at a CAGR of 27.9% during the forecast period. The Major players in Electric Vehicle Plastics market includes BASF SE(Germany), Lyondellbasell Industries Holdings B.V. (Netherlands), Sabic (Saudi Arabia), Dow (US) & Dupont (US).
The automotive glass market is projected to reach USD 30.6 billion by 2027,grow at a CAGR of 5.4% during the forecast period. The automotive glass market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Samvardhana Motherson (India), Webasto (Germany) and Nippon Sheet Glass (Japan).
The global automotive traction motor market is projected to reach USD 18.4 billion by 2027, grow by CAGR 22.8% during the forecast period. The global automotive traction motor market is dominated by major players BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany). The key strategies adopted by these companies to sustain their market position are new product developments, mergers & acquisitions, supply contracts, partnerships, expansions, collaborations, acquisitions, and contracts & agreements.
The SUV market is projected to reach USD 1,221.7 billion by 2027, at a CAGR of 6.6% during the forecast period. The SUV market is led by established global suppliers such as Toyota Motor Corporation (Japan), Honda Motor Co., Ltd (Germany), Hyundai Motor Company (South Korea), General Motors (US), Ford Motor Company (US), Stellantis (The Netherlands), Daimler AG (Germany), Volkswagen AG (Germany), Nissan Motor Co., Ltd (Japan), and BMW Group (Germany). These companies adopted several strategies to gain traction in the SUV market. New product development, partnerships, and expansion strategies from 2018 to 2022 helped them to innovate on its offerings and broaden their customer base
The global V2X cybersecurity market size is projected reach USD 3.2 billion by 2028 and grow at a CAGR of 18.1% over the forecast period. The V2X cybersecurity market is dominated by major players including ESCRYPT (Germany), Qualcomm Technologies, Inc. (US), Autotalks (Israel), AUTOCRYPT Co., Ltd. (Korea), and Continental AG (Germany). These companies offer V2Xs cybersecurity and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the V2X cybersecurity market.
The global EV battery market is projected to reach USD 134.6 billion by 2027, at a CAGR of 19.0% during the forecast period. The EV battery market comprises major companies such as players CATL (China), Panasonic Holdings Corporation (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).
The automotive telematics market is projected to reach USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period. The global automotive telematics market is dominated by major players such as Robert Bosch GmbH (Germany), AT&T INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US). These companies have strong distribution networks at a global level and offer an extensive product range. These companies adopt strategies, such as new product developments, collaborations, and contracts & agreements to sustain their market position.
The electric construction equipment market is projected to reach USD 24.8 billion by 2027 at a CAGR of 22.0% over the forecast period. The electric construction equipment market is dominated by a few globally established companies such as Hitachi Construction Machinery (Japan), Caterpillar Inc. (US), Komatsu Ltd. (Japan), JCB (UK), Volvo Construction Equipment (Volvo CE) (Sweden).
The automotive fuse market size is projected to reach USD 28.4 billion by 2027, at a CAGR of 2.0% during the forecast period. The key companies profiled in the study are Eaton (Ireland), Schurter Group (Switzerland), Littelfuse (US), Sensata (US), Mersen (France), Pacific Engineering Corporation (Japan), Optifuse (US), AEM Components (US), E-T-A (US), ON Semiconductor (US) and Fuzetec (China).
The global railway system market size is projected to reach USD 30.9 billion by 2027 and grow at a CAGR of 4.2% over the forecast period. The report analyzes all major players in the railway system market including CRRC (China), Siemens (Germany), Hitachi (Japan), Alstom (France), and ABB (Switzerland).
Air Suspension market is projected to reach USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. The major players in automotive suspension industry include ZF Friedrichshafen AG (Germany), Continental AG (Germany), ThyssenKrupp AG (Germany), Meritor Inc. (US), SAF Holland (Germany).
The construction equipment market is projected to reach USD 223.1 billion by 2027, at a CAGR of 4.3% over the same period. The construction equipment market is dominated by giants such as Caterpillar (U.S.), Komatsu Ltd. (Japan), Deere & Company (U.S.), Hitachi Construction Machinery Co., Ltd. (Japan), Xuzhou Construction Machinery Group (China), SANY Group (China), A.B. Volvo (Sweden), Liebherr (Germany), CNH Industrial N.V (U.K.), Doosan Enerbility (South Korea), JCB (U.K.), Terex Corporation (U.S.), Zoomlion Heavy Industries Science & Technology Co., Ltd. (China), Kobelco Construction Machinery Co., Ltd. (Japan), KUBOTA Corporation (Japan), Yanmar Holdings Co., Ltd. (Japan), Sumitomo Heavy Industries (Japan), Sumitomo Heavy Industries Construction Cranes Co., Ltd. (Japan), and Sumitomo Construction Machinery Co., Ltd. (Japan).
The global farm equipment market is projected to reach USD 141.6 billion by 2027, at a CAGR of 4.8% during the forecast period. The farm equipment market is consolidated. John Deere (US), AGCO Corporation (US), CNH Industrial (UK), Kubota Corporation (Japan), and CLAAS (Germany) are the top players in the farm equipment market. New product development, partnership, and joint venture strategy have been the most dominating strategy adopted by major players from 2018 to 2022, which helped them to innovate their offerings and broaden their customer base.
The global metaverse market for automotive is projected to reach USD 16.5 billion by 2030, at a CAGR of 31.4% during the forecast period. The metaverse market for automotive is dominated by established players such as NVIDIA (US), Roblox Corporation (US), Unity Technologies (US), Meta Platforms Inc. (US), and WayRay (Switzerland). They develop products and provide service offerings for the automotive metaverse ecosystem. They have initiated partnerships to develop their metaverse technology and provide finished products and services to their respective customers in the metaverse market for automotive. They have initiated partnerships to develop their metaverse technology and provide finished products and services to their respective customers in the metaverse market for automotive.
The global automotive valves market is expected to reach USD 28.2 billion by 2027 and grow at CAGR of 2.3% during the forecast period. The major market players include Robert Bosch (Germany), Continental AG (Germany), Denso Corporation (Japan), Aisin Corporation (Japan) and BorgWarner (US). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive range of products. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.
The global hybrid train market size is projected to reach 745 units by 2030, at a CAGR of 5.9% during the forecast period. The global hybrid train market is dominated by major players such as CRRC (China), Alstom (France), Siemens (Germany), Wabtec Corporation (US) and Hyundai Rotem (South Korea) These companies also offer extensive products and solutions for the railway industry; and have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.
The Bake System Market is projected to reach USD 28.1 billion by 2027, at a CAGR of 4.8% during the forecast period. The brake system market is non-fragmented and dominated by a few global players and several regional players. Some of the key players in the brake system market are Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Continental AG (Germany), Aisin Seiki Co, Ltd. (Japan), Knorr-Bremse AG (Germany), Brembo S.p.A (Italy), Haldex AB (Sweden), Mando Corporation (South Korea), and Hitachi Astemo, Ltd. (Japan). These companies have strong distribution networks at a global level and offer an extensive product range. They have adopted strategies of new product development, acquisition, and contracts & partnerships to sustain their market position.
The overall Autonomous Train Market size is expected to reach USD 12.3 billion by 2030, at a CAGR of 5.1% during the forecast period. The global autonomous train market is dominated by major players Alstom (France), Siemens (Germany), Hitachi (Japan), Wabtec Corporation (US), and Thales Group (France). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, deals and others to sustain their market position.
The global automotive V2X market is expected to reach USD 19.5 billion by 2028 and grow at a CAGR of 39.7% during the forecast period. The automotive V2X market is dominated by major players including Qualcomm Incorporated (US), Autotalks (Israel), Continental AG (Germany), Cohda Wireless (Australia), and Robert Bosch GmbH (Germany). These companies offer automotive V2Xs technology and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive V2X market.
The global automotive suspension market is projected to reach USD 51.6 billion in 2027, at a CAGR of 2.6% during the forecast period. The market is dominated by global players and comprises several regional players. The key players in the automotive suspension market are ZF Friedrichshafen AG (Germany), Tenneco Inc. (US), Continental AG (Germany), ThyssenKrupp AG (Germany), and KYB Corporation (Japan).
The thermal system market is projected to reach USD 41.7 billion by 2027, at a CAGR of 2.1% during the forecast period. The thermal systems market is led by established global suppliers such as Denso Corporation (Japan), MAHLE GmbH (Germany), Hanon Systems (South Korea), Valeo (France), and BorgWarner Inc. (US). These companies adopted several strategies to gain traction in the thermal systems market. New product development, partnerships, and expansion strategies from 2018 to 2022 helped them to innovate on its offerings and broaden their customer base
The all wheel drive market is expected to grow from USD 35.9 billion in 2022 to USD 53.8 billion by 2027, at a CAGR of 8.4% during the forecast period. The all wheel drive market is led by globally established players such as ZF Friedrichshafen AG (Germany), Continental AG (Germany), Magna International Inc. (Canada), BorgWarner Inc. (US), and JTEKT Corporation (Japan).
The automotive 3D printing market is projected to reach USD 7.9 billion by 2027, at a CAGR of 21.7% during the forecast period. The automotive 3D printing market is dominated by a few globally established companies such as Stratasys (Israel), 3D Systems (US), EOS (Germany), Arcam AB (Sweden), Renishaw plc. (UK), HP (US), Materialise (Belgium). These companies adopted several strategies to gain traction in the market.
The global fuel cell powertrain market is expected to grow from USD 512 million in 2020 to USD 3,629 million by 2027, at a compound annual growth rate (CAGR) of 47.9% during the forecast period.The major players such as Ballard Power Systems (Canada), Cummins Inc. (US), Denso Corporation (Japan), Robert Bosch GmbH (Germany), and FEV (Germany).
The automotive software market is expected to grow from USD 21.7 billion by 2022 to USD 40.1 billion in 2027, at a CAGR of 13.1% during the forecast period. The major players in automotive software market includes Robert Bosch (Germany), NXP Semiconductors (Netherland), Renesas Electronics (Japan), BlackBerry Limited (Canada), and NVIDIA (US)
The global automotive motors market is expected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The key players such as Bosch (Germany), Denso (Japan), BorgWarner (US), ZF Group (Germany), and Continental AG (Germany).
The global EV test equipment market size is projected to reach USD 242 million by 2027, at a CAGR of 25.2% during the forecast period. The EV test equipment market is dominated by established players such as AVL (Austria), TUV Rheinland (Germany), Durr Group (Germany), Chroma ATE (Taiwan), and HORIBA LTD.(Japan).
The global EV charging cables market is projected to reach USD 2,453 million by 2027, at a CAGR of 29.8% during the forecast period. The major market players include LEONI AG (Germany), TE Connectivity (Switzerland), BESEN Group (China), Aptiv (Ireland), Dyden Corporation (Japan)
The automotive heat exchanger market is expected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5% during the forecast period. The Major Players in Automotive heat exchanger market are Denso Corporation (Japan), MAHLE GmbH (Germany), Valeo (France), Hanon Systems (South Korea), and T.RAD Co., Ltd. (Japan). These companies have strong product portfolio as well as strong distribution networks at the global level
The global conveyor system market is expected to grow from USD 9.4 billion in 2022 to USD 12.7 billion by 2027, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.The key players Daifuku Co., Ltd. (Japan), Continental AG (Germany), Siemens AG (Germany), Fives Group (France) and Metso Outotec (Finland)
The automotive ambient lighting market is expected to grow from USD 3.8 billion in 2022 to USD 6.2 billion by 2027, at a compound annual growth rate (CAGR) of 10.6% during the forecast period.The major Players HELLA (Germany), Valeo S.A. (France), ams OSRAM (Austria), Grupo Antolin (Spain), Signify (Philips Lighting) (Netherlands), Koito Manufacturing Co., Ltd. (Japan), and Stanley Electric Co., Ltd. (Japan).
The diesel exhaust fluid market is expected to grow from USD 34.4 billion in 2022 to USD 50.0 billion by 2027, at a CAGR of 7.8% during the forecast period. TotalEnergies (France), Shell PLC (The Netherlands), BASF SE (Germany), Brenntag AG (Germany) and China Petrochemical Corporation (Sinopec) (China) are the major companies operating in the global diesel exhaust fluid market. These companies adopted expansion strategies and used mergers & acquisitions to gain traction in the diesel exhaust fluid market.
The global train battery market size is projected to reach USD 758 million by 2030, at a CAGR of 4.9% during the forecast period. The train battery market is led by globally established players such as EnerSys (US), Exide Industries (India), Saft (France), Amara Raja Batteries (India), and GS Yuasa Corporation (Japan). These companies have developed new products; adopted expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the growing train battery market.
The automotive transmission market is expected to grow from USD 59.9 billion in 2022 to USD 80.8 billion by 2027, at a CAGR of 6.2% during the forecast period. The key players in the automotive transmission market include ZF Friedrichshafen (Germany), MAGNA International (Canada), Aisin Corporation (Japan), Eaton Corporation(Japan), Hyundai Transys(South Korea), Allison transmissions(US), Vitesco Technologies(Germany), Schaeffler AG(Germany), BorgWarner(US), GKN Automotive(UK), and Jatco (Japan) and more
The electric power steering market is expected to grow from USD 24.3 billion in 2021 to USD 33.4 billion by 2027, at a CAGR of 5.4% during the forecast period. The report profiles the most promising players in the electric power steering market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon. The key players in this market are Robert Bosch (Germany), Mitsubishi Electric (Japan), JTEKT (Japan), Nexteer (US), ZF (Germany), ThyssenKrupp (Germany), NSK (Japan), Hyundai Mobis (South Korea), GKN (UK), and Federal-Mogul (US).
The electric vehicle market is expected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a compound annual growth rate (CAGR) of 21.7% during the forecast period.The Key Players such as Tesla (US), Volkswagen AG (Germany), SAIC Motors (China), BYD (China), and Stellantis (Netherlands).
The automotive pumps market is expected to grow from USD 14.8 billion in 2022 to USD 18.0 billion by 2027, at a CAGR of 4.1% during the forecast period. The major market players include Aisin Corporation (Japan), Denso (Japan), Robert Bosch GmbH (Germany), Valeo (France), Continental AG (Germany) among others.
The global connected rail market is expected to grow from USD 94.6 billion in 2022 to USD 124.5 billion by 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The Major players Robert Bosch GmbH (Germany), Siemens (Germany), Hitachi (Japan), Huawei (China) and Wabtec Corporation (US).
The automotive wheels aftermarket is expected to grow from USD 3.4 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 3.5% during the forecast period. The major aftermarket wheels players are RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Superior Industries (US), and Maxion Wheels (US).
The lawn mower market is projected to reach USD 33.6 billion by 2027, at a CAGR of 7.4% over the forecast period. The lawn mower market is primarily dominated by globally established players John Deere (US), Honda Motor Co Ltd. (Japan), The Toro Company (US), Husqvarna (Sweden), MTD Products Inc (US), and Kubota (Japan). These companies are consistently developing new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in this high growth lawn mower market across different regions.
The mounted bearing market is expected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6% during the forecast period. Major players in the mounted bearing market are SKF (Sweden), Schaeffler ( Germany), Timken (US), NSK (Japan), and NTN (Japan).
The automotive seats market is expected to grow from USD 51.5 billion in 2021 to USD 68.4 billion by 2030, at a CAGR of 3.2% during the forecast period. The Automotive Seats Market is lead by established seat manufacturers such as Adient plc(US), Lear Corporation(US), Faurecia(France), Toyota Boshoku Corporation(Japan) and Magna International Inc.(Canada). These companies adopted several strategies to gain traction in the market. New product development, partnership and joint venture strategy have been the most dominating strategy adopted by major players from 2018 to 2021, which helped them to innovate on their offerings and broaden their customer base.