“Go green”is the most important trend has been attaining increasing significance for the automobile & transportation industry as a design concept. The sector is at a point where the cost and the complexity of technology, market positioning, and market dimensions are determining the consolidation of science and nature for sustainability. The number of semiconductors set up in modern vehicles is likely to elevate for a number of reasons. One of the reasons is: more and more features with high semiconductor material are being set up in vehicles, involving infotainment, safety, engine control, and comfort.
Shipbuilding Market, which reached a value of USD 147.2 Billion in 2022, is forecasted to expand to USD 226.9 Billion by 2032, with a Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2032.
The global SCADA market can be segmented on the basis of component, architecture and geography. On the basis of component, the market can be segmented into communication systems, remote terminal unit, human machine interface and programmable logic unit.
The solenoid valve market is segmented by material, design type, industry vertical and region. On the basis of material, the global solenoid valve market can be segmented into stainless steel, brass, aluminum and others.
Automotive Suspension Systems Market was valued at USD 46.6 Billion in 2022 and is anticipated to reach USD 63.7 Billion by 2032, with a projected compound annual growth rate (CAGR) of 2.9% from 2023 to 2032.
Automotive Radar Market Size accounted for USD 4,138 Million in 2021 and is estimated to achieve a market size of USD 22,536 Million by 2030 growing at a CAGR of 21.1% from 2022 to 2030.
Automotive Lubricants Market had a value of USD 85.1 Billion in 2022 and is expected to reach USD 112.7 Billion by 2032, with a compound annual growth rate (CAGR) of 2.6% from 2023 to 2032.
Automotive Fuel Delivery and Injection System Market Size accounted for USD 86.6 Billion in 2022 and is projected to achieve a market size of USD 128.9 Billion by 2032 growing at a CAGR of 4.2% from 2023 to 2032.
Automotive Diagnostic Scan Tools Market Size was valued at USD 38.2 Billion in 2022 and is forecasted to reach USD 75.1 Billion by 2032, with a projected compound annual growth rate (CAGR) of 7.1% from 2023 to 2032.
Advanced Driver Assistance Systems (ADAS) Market reached a value of USD 19.7 Billion in 2021 and is projected to reach USD 90.1 Billion by 2030, with a compound annual growth rate (CAGR) of 18.7% from 2022 to 2030.
Alternative Fuel Vehicles Market Size collected USD 401.1 Billion in 2022 and is set to achieve a market size of USD 3,710 Billion in 2032 growing at a CAGR of 25.2% from 2023 to 2032.
Air Compressor Market Size was USD 33.2 Billion in 2022 and is set to reach the market size of USD 48.6 Billion by 2032 growing at a CAGR of 4.0% from 2023 to 2032.
Explore the Actuator Market's remarkable growth journey from USD 47.3 billion in 2021 to an estimated USD 87.2 billion by 2030, with a robust CAGR of 7.3%. Witness the dominance of the Asia-Pacific region, the surge in Smart Cities, and the pivotal role of actuators in the automotive industry. Dive into key insights and market trends.