The automotive industry has witnessed a phenomenal paradigm shift, with the entry of electric and hybrid vehicles on streets. The government initiatives in developed as well as emerging nations for a more sustainable environment is the biggest support for the growth of electric vehicles market. Consumer preference for electric and autonomous vehicles would reshape the industry worldwide. The automotive industry’s nature is volatile owing to the fundamental shift happening. The merger and acquisition deals between automotive suppliers is on a rise. All the regions are preparing for the future which is electric mobility. Infrastructure development is a huge challenge are seeks enough attention. Europe, which has been economic gravity centre is now gradually getting replaced with Asia. Electronic products and software deployed in a vehicle are gaining more importance than ever. Usage based Insurance (UBI) is the latest trend in the automobile sector. This insurance method uses assorted parameters for premium calculation and consequently curtails the number of accidents. Aftermarket would soon be integrated as the OEM business, owing to the profit margins earned.
The Global Drones Logistics and Transportation Market was estimated to generate revenue worth US$ 9.9 billion in 2019. The estimated CAGR of the global market between 2
The Global Driver Safety System Market is estimated to grow at CAGR of 6.7% between 2020 and 2030. Increased investment in development of advanced vehicle safety system
The Global Intelligent Transportation System Market was valued at US$ 25.3 billion in 2019, the expected CAGR for the duration 2020 to 2030 is 4.5%. Increased investmen
The Global Contraband Detector Market was worth US$ 3.5 billion in 2019 and is expected to grow at a CAGR of 5.7% through 2030. Increased investment in public transport
The Global Blind Spot Monitoring Market was valued at US$ 9.9 billion in 2019, the estimated CAGR for the forecast period is 11%. Rising investment in development of ad
The Global Automotive Head-Up Display Market size was estimated to be US$ 1.2 billion in 2019 and is expected to grow at a CAGR of 18% between 2021 and 2030. Rising ado
The Global ADAS Market was worth US$ 21 billion in 2019 and is expected to grow at a CAGR of 9% through 2030. Increased number of road accidents, rising emphasis on imp
The Global Predictive Vehicle Technology Market size was estimated to be US$ 20 billion in 2019 and expected to grow at a CAGR of 18% during 2020 and 2030. Predictive v
The Global Passenger Information System Market was valued at US$ 19 billion in 2019 and is expected to grow at a CAGR of 8.5% during 2020 and 2030. Increased investment
The Global In-Vehicle Infotainment System Market size was estimated to be US$ 23 billion in 2019 and the expected CAGR through 2030 is 9%. Rising investment in developm
The Global Electronic Logging Device Market size was estimated to be US$ 13 billion in 2019 and the expected CAGR during 2020 and 2030 is 4%. Growth of automotive elect
The Global Autonomous Vehicle Market size in terms of volume was estimated to be over 6 thousand units in 2019 and the expected CAGR through 2030 is 40%. Increased inve
The Global Automotive Tire Pressure Monitoring System Market size was estimated to be US$ 4 billion in 2019 and the expected CAGR during 2020 and 2030 is 15%. Expansion
The Global Automotive Sensors Market was valued at US$ 23 billion in 2019 and the expected CAGR through 2030 is 8.5%. Expansion of automotive industry across emerging m
The Global Automotive LiDAR Market was worth US$ 300 million in 2019 and expected to grow at a promising CAGR of 21% through 2030. Focused research and development towa