The US Automotive Industry Market stands as a cornerstone of the nation’s economy, representing a complex ecosystem of manufacturers, suppliers, dealers, and consumers. As one of the largest and most influential automotive markets globally, the industry plays a pivotal role in shaping economic trends, technological advancements, and consumer preferences. With a rich history rooted in […]
The Vehicle Intelligence System Market is at the forefront of the automotive industry’s technological revolution, bringing innovative solutions to enhance the safety, efficiency, and connectivity of vehicles. This market encompasses a wide array of intelligent systems and technologies designed to make vehicles smarter, more responsive, and capable of meeting the evolving demands of modern transportation. […]
The Ride-Sharing Market has transformed the landscape of urban transportation, offering a convenient and flexible alternative to traditional modes of commuting. This market, also known as the ride-hailing or ride-service market, is characterized by the presence of platform-based services that connect passengers with drivers using a mobile application. Popular ride-sharing companies such as Uber, Lyft, […]
Light Commercial Vehicles Industry/ Innovations/ Related News December 13, 2020 —- Toyota Motor Corporation (Japan), a multinational automotive manufacturer, announced its fuel cell commercial vehicle development. Toyota continues to drive hydrogen commercial vehicle development in Japan and the US. Trials of light and heavy-duty hydrogen trucks have begun in both the US and Japan. In Japan, the […]
Car Rental Market Overview: The car rental market Size witnessed a significant growth trend, with a valuation of USD 92.02 billion in 2021. Forecasts indicate that this market is poised to expand further, reaching an estimated value of USD 139.65 billion, with a projected Compound Annual Growth Rate (CAGR) exceeding 7% during the forecast period. […]
Automotive Semiconductor Market Analysis The automotive semiconductor market size will grow at an 8.6% CAGR in the forecast period (2022 2030), states the latest Market Research Future (MRFR) report. Drivers Growing Adoption of Electric Vehicles to Boost Market Growth The growing adoption of eco-friendly alternative fuel vehicles like hybrid electric vehicles will boost market growth over the […]
Automotive Cyber Security Market Analysis The automotive Cyber Security Market is projected to be worth USD 8.94 billion by 2028, registering a CAGR of 18.56% during the forecast period 2022 – 2030 Increasing Cloud-Based Applications in the Automotive Industry The automotive sector has experienced a change as a result of cloud security. Cloud security refers […]
Automotive Steer-by-Wire System Market Research Future Insights The Global Automotive Steer-by-Wire System Market is estimated to be worth USD 4.7 Billion by 2030, registering a 5% CAGR during the forecast period (2022- 2030). The automotive steer-by-wire caters complete steering control to the driver in the vehicle. The system eliminates mechanical linkages near the steering system […]
Original Equipment Manufacturers (OEMs) In Automotive Market Overview: The position of Original Equipment Manufacturers (OEMs) In Automotive Market in the automobile sector is unquestionably crucial in the constantly changing market. These producers have a pivotal role in the automotive ecosystem, given their responsibility for the conception, development, and fabrication of the diverse parts and mechanisms […]
Automotive Nvh materials Market Overview Global Automotive Nvh materials Market is anticipated to exceed 6.58% at a compound annual growth rate (CAGR) to reach USD 20.73 billion by 2030. NVH is the term for the noise, vibrations, and harshness produced as an object moves. This includes any discrete, perceptible feeling that interferes with driving comfort. […]
