Automotive and Transportation Research Reports

  The global automotive turbocharger market is projected to reach USD 22.9 billion by 2030 from USD   15.2 billion in 2024, at a CAGR of 7.1%. The growth in the automotive turbocharger industry is mainly driven by stringent emission regulations with reduced emission limits & increased fuel efficiency targets, leading to engine downsizing and growing popularity for high-performance vehicles. Asia Pacific is estimated to be the largest turbocharger market. The region has the largest vehicle production, contributing to >55% of the global vehicle production. Passenger car production in China, Japan, India, and South Korea contributed to >85% of global vehicle production. The region has most gasoline-powered passenger cars, and almost all ICE commercial vehicles are diesel-powered. This region is bound to be the largest market for turbochargers. In addition, with upcoming emission regulations, more vehicles would shift to gasoline engines or hybrid and electric technologies,

  The global automotive smart antenna market is projected to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9% during the forecast period. The increased demand for connected car features, in-vehicle infotainment, autonomous vehicles, and safety norms has increased the adoption of smart antennas globally. The smart antennas also provide high-speed, low-latency communication and real-time data exchange, making them suitable for the upcoming 5G technology. The BEVs hold the largest market for smart antenna demand. The sales of BEVs are increasing , creating a new revenue pocket for the automotive smart antenna market. As BEVs become increasingly prevalent, they bring forth various advanced technologies and connectivity features that rely on robust communication systems. Smart antennas are pivotal in facilitating seamless connectivity within BEVs, supporting functions such as real-time data transmission, remote monitoring, and over-the-air updates for sof

  The global future of hydrogen in automotive market size is projected to grow from 23 thousand units in 2024 to 353 thousand units by 2035, at a CAGR of 28.3%. The increasing emission levels, rising fuel prices, and limited availability of fossil fuels have spurred a burgeoning demand for zero-emission alternative fuel vehicles in recent years. This surge has notably contributed to the increasing interest in hydrogen mobility. Advancements in alternative technologies, including non-precious metal catalyst-based Proton Exchange Membrane Fuel Cells (PEM FC), hydrogen fuel-cell packaged system modules, and compact, lightweight microstructures, are expected to enhance vehicle range, decrease costs, and augment overall efficiency. Similarly, advancements in powertrain technology are expected to unveil fresh avenues within the hydrogen-fuel vehicle market. Additionally, the emergence of novel hydrogen-based applications such as Fuel Cell Hybrid Electric Vehicles (FCHEVs) and Hydrogen Int

  The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030, at a CAGR of 4.1%. The growth of this market can be attributed to the growing demand for different minerals, the rise in infrastructure development activities that require metals and minerals, and the need for safer mining operations, thus driving demand for advanced and highly efficient mining machines. Based on the Machinery Category, the continuously rising demand for minerals for various industrial as well as residential applications has led to an increase in surface mining activities. This has created a demand for highly efficient and safe mining machines at mining locations. Advanced features like GPS tracking and autonomous machine operation are rising in demand for safe mining operations to reduce human errors. Apart from this, underground mines where mine ventilation is difficult have created a growth opportunity for electric mining machines which produce zero emiss

  The Mobility as a Service Market is projected to grow from USD 5.7 Billion in 2023 to USD 40.1 Billion by 2030, at a CAGR of 32.2% over the forecast period. Faster internet connectivity, falling vehicle ownership, and the need to reduce traffic congestion and vehicular emissions will fuel the demand for seamless MaaS applications for end-to-end multimodal transport solutions. Pay-as-you-go payment type to witness significant growth in market share. Pay-as-you-go can either be pre-paid into an e-wallet or post-paid once travel is complete. Users pay for the whole trip in one go, independent of transport means. So, if they need to take the train, followed by a bus, and then a taxi in one trip, they have to make just one payment automatically via their smartphone. Tourists and occasional users will benefit most from this payment model as they are likely to take trips less frequently and would like to pay according to the service they use; this flexibility allows them to use mult

  The automotive transmission market is estimated to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028 at a CAGR of 6.2% over the forecast period. Market growth is fueled by consumer preferences for driving comfort, safety, and improved acceleration and traction. Technology advancements in the emerging markets, upcoming emission regulations with reduced emission limits, and transmission system innovations owing to growing demand for hybrid & electric vehicles offer growth opportunities for the automotive transmission industry. Automotive transmission manufacturers must advance hybrid transmission technology due to rising consumer demand for convenience, fuel efficiency and government initiatives promoting electric & hybrid vehicles. The automotive industry faces pressure to adapt to evolving technology and consumer preferences, with automatic transmission demand driven by smooth gear shifting and acceleration. The passenger car sector dominates the automotive

  The global the battery thermal management systems market size is projected to grow from USD 3.7 Billion in 2024 to USD 8.5 Billion by 2030, at a CAGR of 14.7%. The BTMS market is experiencing robust growth due to the increasing sales of EV, government mandates on battery safety, and advancement in battery technology. Additionally, increasing standards for safer vehicle with new technological developments from BTMS solution providers will boost the revenue growth for BTMS during the forecast period. Based on Propulsion Type: Based on propulsion type, the EV battery market is segmented into battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs). With increasing environmental concerns, governments globally have focused on replacing conventional ICE vehicles with environment-friendly electric vehicles that run on clean energy. For BEVs, which solely rely on electric battery packs for propulsion, BTMS helps maintain optimal b

The in-vehicle infotainment market is projected to grow from USD  16.4 billion in 2023 to USD  28.3 billion by 2028, at a CAGR of 11.6%. Government mandates on vehicles and the emergence of various technologies such as 5G and AI, and ADAS and other autonomous solutions are expected to offer promising growth opportunities in the In-vehicle infotainment market . Based on Region, Asia Pacific holds the largest share of the in-vehicle infotainment market during the forecast period. It witnessed higher growth in vehicle production than Europe and North America due to the availability of labor at lower wages, reduced production costs, lenient vehicle safety norms, and government initiatives for FDIs in the region. Vehicle production is mostly driven by countries such as China, South Korea, India, and Japan, which contribute ~88% of the total production of vehicles, and these countries within the region contributed ~60% of the global vehicle production in 2023. Thus, increasing vehicle produ

  The global terminal tractor market is projected to grow from USD 1.4 billion in 2024 to USD   1.9 billion in 2030, at a CAGR of 5.5%. The e-commerce sector's rapid growth, along with the rising demand for advanced material handling equipment in various industries to enhance productivity, is expected to drive the global demand for terminal tractors. The port industry is particularly focused on developing automated and electric vehicles, a trend that is also evident in the terminal tractor market. The Electric Terminal Tractor market is estimated to be the fastest-growing terminal tractor market by propulsion. Leading manufacturers like Konecranes, Kalmar, and Hyster are focusing on electric terminal tractors. They are investing in R&D and forming strategic partnerships to advance electric propulsion in terminal tractors. For instance, Hyster and Kalmar are at the forefront of electrifying terminal tractor fleets, offering significant environmental and economic benefits. S

The global  automotive wiring harness market  is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% during the forecast period. The automotive wiring harness market has shown significant growth recently. Top OEMs are investing in the same, which would further drive the demand for high-speed data transmission wiring harnesses. Though the need for electronic features is growing in Europe and North America, Asia Pacific remains the key market. Market Dynamics DRIVER: Rise in Advanced Features in Vehicles The automotive industry is witnessing a growing emphasis on safety and security, driving the demand for driver-assist technologies like Adaptive Cruise Control (ACC), Blind-Spot Detection (BSD), Advanced Front Lighting (AFL), and Lane Keeping Assist (LKA) to incorporate advanced features into vehicles. ACC systems rely on radar and sensors to maintain a safe following distance from the vehicle in front. Advanced parking systems, including 360-de

  The global   connected car market   is projected to grow from USD 12.4 billion in 2024 to USD 26.4 billion by 2030, at a CAGR of 13.3% during the forecast period. The introduction of several laws requiring safety features like e-call, navigation, collision warning systems, etc., is anticipated to increase the uptake of connected car services worldwide. The rising sales of high-end and luxury automobiles partly drive the growing demand for connected car services. The market for connected cars will expand as long as connected car hardware and software advance. For example, in November 2021, Continental created an intelligent program that allows complex driving maneuvers to be performed automatically as a technological solution for highly automated driving. Highly autonomous driving from Level 3 is made possible by an innovative software program called the Next Generation Driving Planner. This implies that cars can manage some driving duties without assistance from a driver. Cellular Ne

  The global automotive fuel cell market is projected to grow from USD 0.2 billion in 2024 to USD 2.1  billion by 2030, at a CAGR of 48.0%. The development of mobile and community hydrogen fueling systems represents a significant advancement in making hydrogen more accessible for various applications. Hydrogen fuel providers have introduced compact home and community fueling stations that convert filtered water into hydrogen fuel for fuel cell vehicles, providing a cost-effective solution for large residential complexes, community centers, warehouses, small businesses, and fleets. The successful implementation of these systems is anticipated to drive demand for Fuel Cell Electric Vehicles (FCEVs). Further, emerging technologies such as mobile refueling and non-precious metal alternatives provide new use cases. Companies like Air Products, Linde, and Powertech Labs are actively developing this mobile refueling technology, which involves transporting hydrogen from a production facility

  The global automotive radar market is projected to grow from USD 6.6 Billion in 2024 to USD 33.6 Billion by 2030, registering a CAGR of 31.1%. The development and commercialization of autonomous and semi-autonomous vehicles rely heavily on radar systems for environmental sensing and object detection. As the industry moves towards higher levels of vehicle automation, the demand for advanced radar systems is expected to rise significantly. Moreover, The growing awareness regarding road safety and the need to reduce accidents encourages the adoption of radar-based safety systems in vehicles. Consumers are increasingly opting for vehicles equipped with advanced safety features. The electric segment of the automotive radar market is expected to grow at a faster rate during the forecast period, driven by the surging sales of EVs, which increasingly come equipped with ADAS. EVs are a foundational platform for autonomous vehicles, which rely heavily on radar for precise navigation and sa

The global automotive HUD market size is projected to grow from USD 1.2 billion in 2024 to USD 2.4 billion by 2030, at a CAGR of 12.3%. The growing focus on vehicle safety and the need for improved driving experience in cars are driving forces behind the automotive HUD market. Furthermore, throughout the forecast period, it is expected that the growing demand for semi-autonomous and autonomous vehicles along with the increasing prevalence of electric vehicles will support the revenue growth of the automotive HUD market. Additionally, rising investment in car head-up displays is expected to generate lucrative opportunities for the automotive HUD market during the forecast period. The 2D HUD segment is expected to remain largest market in the coming years. Asia Pacific is projected to hold a sizeable share of the global market for traditional HUDS. Over the course of the forecast period, the market for 2D HUDS in the region is predicted to be driven by Japanese and European automakers&#