Automotive and Transportation Research Reports

 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...