Automotive and Transportation Research Reports

 The electric shuttle market size is projected to grow from USD 1.48 Bn in 2024 to USD 2.82 Bn by 2030, at a CAGR of 11.3%. The tourism and hospitality industry's expansion, urbanization, and the rising trend of private gated communities are spurring demand for convenient and quiet intra-facility transportation. Government incentives and subsidies for electric vehicle adoption further accelerate market growth. Commercial services segment will grow fastest during the forecast period. The commercial services segment is poised to drive the growth of the electric shuttle market, supported by increasing demand for sustainable and efficient transport solutions in applications such as resorts, airports, theme parks, educational campuses, and industrial facilities. Leading OEMs like Club Car and E-Z-GO (a Textron Company) have expanded their portfolios with innovative electric shuttles and golf carts tailored for commercial use. For instance, Club Car offers versatile models with modu...

 The global zone controller market size is expected to grow from USD 3.2 billion in 2023 to USD 18.6 billion in 2030, at a CAGR of 29.7%. As the automotive industry shifts toward software-defined and autonomous vehicles, zone controller units (ZCUs) are becoming increasingly important in advanced vehicle architectures. These units play a vital function in managing power distribution and data communication within specific vehicle zones, additionally simplifying the overall electrical and electronic (E/E) architecture. ZCUs optimize the functionality and design of vehicles, offering significant advantages. Due to their capacity to combine several Electronic Control Units (ECUs), wiring complexity is greatly reduced, lowering material costs and streamlining assembly procedures. This cost minimization along with optimized performance is a crucial benefit for OEMs attempting to strike a balance between cost and innovation. In addition to lower production costs, lesser wiring requirem...

The ADAS Testing Equipment Market is projected to grow from USD 3.45 billion in 2025 to USD 8.62 billion by 2032 , at a strong CAGR of 13.9% . This growth highlights the increasing importance of rigorous testing solutions as vehicles transition from driver assistance toward full automation . Modern Advanced Driver Assistance Systems (ADAS) have evolved far beyond simple backup cameras and parking sensors. Today, they include complex features such as adaptive cruise control, blind-spot detection, collision avoidance, pedestrian monitoring, and lane departure warning systems . These technologies not only improve safety but also serve as the building blocks for autonomous driving. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=63205987 As these safety-critical applications become more common, the need for advanced testing capabilities intensifies. OEMs and technology providers are investing heavily in simulation tools, hardware-in-the-loop (HIL) system...

 The global advanced rider assistance systems market size is projected to grow from USD 2.17 billion in 2025 to USD 3.86 billion by 2032 at a CAGR of 9.1%.  Increasing demand for safety and rider protection in the motorcycle industry is the major factor driving the ARAS market. The demand for high-powered motorcycles is growing in developing countries for daily commuting and touring activities. With the growing demand for heavy motorcycles, several motorcycle-related accidents, and unsupportive road infrastructures, the need for ARAS will rise in the forecast period. ARAS utilizes sensors, cameras, radar, and AI algorithms to provide real-time monitoring of the road and surrounding environment, giving highlights such as collision warnings, adaptive cruise control, lane-keeping assistance, and emergency braking. With the use of ARAS, riders shall benefit from an additional layer of protection, helping to reduce accidents caused by human error and environmental factors. ...

The global railway signalling market is entering a period of rapid transformation as demand for safer, more efficient, and technologically advanced rail systems continues to grow. Railway signalling is fundamental to modern rail operations, ensuring that train paths remain clear, collisions are avoided, and traffic is managed seamlessly across busy networks. With urbanization, rising passenger demand, and increased freight movement, the pressure on railways to deliver reliability and safety has never been greater. Signalling technologies are at the core of this evolution. Solutions such as Automatic Train Protection (ATP), Automatic Train Operation (ATO), the European Train Control System (ETCS), Communication-Based Train Control (CBTC), and Positive Train Control (PTC) are being adopted worldwide to modernize networks. These systems enhance real-time monitoring, allow for higher train frequency on existing tracks, and support the rollout of high-speed rail and metro projects in both ...

The snowmobile market is projected to grow from USD 1.73 Billion in 2024 to USD 2.42 Billion by 2032, registering a CAGR of 4.9%. According to the International Snowmobile Manufacturers Association (ISMA), in 2024, 112,650 snowmobiles were sold worldwide. Though North American countries held >80% of global sales, the US and Canada had noticed a moderate decline compared to the previous year. Snowmobiling has become increasingly popular throughout Northern Europe. In 2023, Finland, Sweden, Norway, and other nations sold 22,964 new snowmobiles. Growth in these regions is fueled by rising demand for recreational activities, trail development, and the popularity of snowmobiling clubs, which have created thousands of winter jobs and contributed to several business revenue generation within the regional markets. “The 500CC to 900CC engine segment is estimated to be the largest market.” The 500cc to 900cc engine segment accounts for over 60% of the market. The 500cc to 900cc snowmobil...

The global automotive cybersecurity market size is projected to grow from USD 2.5 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 18.5%. The demand for automotive cybersecurity solutions is fueled by the increased use of electronics per vehicle, a growing number of connected cars, reinforcement of mandates by regulatory bodies for vehicle data protection, significantly growing global automotive V2X market, and the rising sales of electric vehicles globally. Passenger vehicle segment is expected to have largest share in the global automotive cybersecurity market The passenger vehicles segment is anticipated to dominate the global automotive cybersecurity market in the foreseeable future. This is owing to the rising demand for connected vehicle technology paired with the increasing sales of luxury vehicles. Also, the increasing focus towards V2X technology owing to the rising concerns over traffic, safety, as well as pollution levels is anticipated to bolster revenue growth...

 The global electric vehicle market size is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030, at a CAGR of 7.7%. A combination of environmental, economic and technological factors is propelling the global market for electric vehicles to grow at an unprecedented rate. In order to reduce emissions, consumer’s demand as well as strict governmental regulation aimed at reducing emissions has made people and manufacturers adopt more sustainable modes of transport. The improvement in battery technology has improved the performance, range and charging efficiency of electric vehicles making them more practical and attractive. Such developments and significant investments by major automakers alongside startups are driving the global uptake of EVs. Browse 286 market data Tables and 110 Figures spread through 402 Pages and in-depth TOC on  "Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle D...

 The global  automotive software market size was valued at USD 19.0 billion in 2023 and is expected to reach USD 32.3 billion by 2030, at a CAGR of 9.2% , during the forecast period 2023-2030.  The amount of software in vehicles has increased exponentially with the growing demand for automotive safety and convenience. This is evident from software used across various new-gen automotive applications, including ADAS/AD, advanced navigation systems, intelligent infotainment systems, and connectivity. New and legacy OEMs are developing their future vehicle lineup using a software-first approach. They have also announced plans to develop specialized software to create new revenue streams based on add-on features for a more customized driving experience. Operating system segment is expected to have significant share in the global automotive software market The operating system is expected to be a noticeable segment in the automotive software market, as it controls the co...

 The global E-Bike market is projected to grow from USD 54.1 billion in 2025 to USD 87.2 billion by 2032 at a CAGR of 7.0%. The global e-bike market is showing signs of recovery and steady growth following a period of fluctuation in 2023 and early 2024. Major drivers fueling the market include robust government subsidies and purchase incentives, the expansion of micro-mobility services, advancements in battery and motor technology, and increased investment in cycling infrastructure across urban centers. Governments are actively supporting the growth of the e-bike market through a combination of financial incentives, infrastructure development, and regulatory measures. Subsidy programs such as Germany’s KfW 442 for e-cargo bikes, France’s Bonus Vélo, India’s FAME-II initiative, and various regional incentives and tax benefits in China are effectively reducing the upfront cost for consumers. Simultaneously, countries, including the Netherlands, Belgium, France, and several citie...

The electronic parking brake system market is projected to reach USD 4.70 billion by 2032 from USD 2.51 billion in 2025 at a CAGR of 9.4% during 2025–2032. Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production of ICE vehicles are creating strong demand for electronic parking brakes, as they seamlessly integrate with electronic control units and support brake-by-wire functionalities. Key suppliers like Continental, ZF, Hyundai Mobis, ADVICS CO., LTD., Brembo Brake, and HL Mando are investing significantly in the development of modular EPB that reduce weight and improve reliability. For instance, in March 2025, ZF Friedrichshafen and Brembo will introduce a brake-by-wire system, replacing traditional hydraulic brakes with electronic components. These systems promise improved safety, faster response times, and reduced maintenance. Passenger cars hold the largest market share in the electronic parking brake system market A...

 The second life EV battery market is estimated at ~25-30 GWH in 2025 and is projected to reach ~330-350 GWH in 2030 at a CAGR of ~65% during the forecast period. The growing adoption of electric vehicles (EVs) is expected to fuel a multibillion-dollar market for second-life batteries by 2030, particularly those based on lithium iron phosphate (LFP) chemistry. LFP batteries are ideal for stationary applications like grid energy storage, residential systems, EV charging stations, and data centers due to their inherent safety, long cycle life, and favorable cost-effectiveness. The declining cost of second-life batteries enhances economic viability, especially as new battery prices fall. At the same time, their reuse supports a circular economy by reducing the CO2 emissions by several tonnes annually and mitigating raw material scarcity. However, several critical challenges could hinder the recovery and repurposing process, including the absence of standardized protocols for accura...

 The global automotive bearing market for EVs is projected to rise from USD 5.81 billion in 2025 to USD 12.82 billion by 2032, at a CAGR of 11.97%, and the global automotive bearing market for ICE is projected to grow from USD 31.02 billion in 2025 to USD 31.72 billion by 2032, reflecting a modest CAGR of 0.32%. Surge in the demand for SUVs worldwide is fueling the demand for wheel hubs and high-load-bearing tapered roller bearings, while luxury features are driving the adoption of precision miniature bearings in powered seats, steering, and climate systems. Additionally, electrification is reshaping the usage of ceramic and deep-groove ball bearings for e-motors, cylindrical roller bearings for e-axles, and specialized bearings for dedicated transmissions. Moreover, the need for autonomy and use of ADAS is boosting the demand for high-precision angular contact ball bearings in sensors and steering systems, while lightweighting trends accelerate the shift to polymer and hybrid b...