Automotive Market Research Reports

  The global   automotive exhaust systems market   was valued at approximately USD 46.53 billion in 2022 and is projected to reach USD 82.06 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. The demand for automotive exhaust systems is directly linked to production and sales volumes.   An increase in the sales of passenger cars and commercial vehicles across both developed and emerging economies is driving global demand for automotive exhaust systems. Additionally, stringent government regulations concerning carbon emissions are expected to propel market growth over the forecast period, as gasoline and diesel engines release toxic gases and particles harmful to the environment.   Governments worldwide are enforcing stricter vehicular emission standards to mitigate the environmental impacts of the automotive industry. These regulations compel component suppliers to develop high-efficiency and eco-friendly automotive exhau...

  The global   automated material handling equipment market   was valued at approximately USD 65.74 billion in 2024 and is projected to reach USD 114.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.9% from 2025 to 2030. This growth is driven by the increasing need for automation across various industries.   Companies are seeking to automate their manufacturing processes to enhance efficiency, reduce labor costs, and improve product quality. Material handling is a crucial component of modern production systems, focusing on the movement, storage, and protection of materials and products, which is essential for the smooth flow of operations.   Efficient material handling impacts the entire lifecycle of goods, including manufacturing, distribution, consumption, and disposal. An effectively designed material handling system can lead to reduced labor costs, lower equipment expenses, and improved product quality. By selecting the appropriate eq...

  The global   automotive wiring harness market   was valued at USD 50.09 billion in 2023 and is projected to grow to USD 63.00 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 3.4% from 2024 to 2030. This growth is significantly propelled by the increasing adoption of electric vehicles (EVs), which is further bolstered by consistent government incentives for both manufacturers and consumers, thereby driving demand in the EV segment.   The market's expansion is also attributed to the rising integration of advanced technologies such as vehicle-to-vehicle communication, self-healing systems for electric vehicles, smart battery systems, and intelligent braking and safety systems. Concurrently, the proliferation of autonomous and semi-autonomous vehicles, which heavily rely on components like low-latency communication devices, sensors, cameras, and radar, will escalate the demand for automotive wiring harnesses within the automotive manufacturing secto...

The global  autonomous vehicle market  was valued at USD 68.09 billion in 2024 and is projected to reach USD 214.32 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 19.9% from 2025 to 2030. This industry's expansion is fundamentally driven by significant consumer demand for technological adoption, enhanced road safety, improved connectivity, and continuous advancements in Artificial Intelligence (AI) and sensor technology. These technological advancements not only bolster vehicle safety and reliability but also broaden the scope of autonomous applications across various sectors, including logistics, transportation, ridesharing, and delivery services. The cost-efficiency realized through these innovations makes autonomous solutions increasingly attractive to businesses seeking competitive and innovative offerings. Industries embracing self-driving transport are demonstrating a strong willingness to adopt innovative technology. As these sectors experience the ...

  The global   automotive telematics market   was valued at USD 49.85 billion in 2022 and is projected to surge to USD 170.43 billion by 2030, exhibiting a robust Compound Annual Growth Rate (CAGR) of 16.6% from 2023 to 2030. This significant expansion is primarily driven by the increasing demand for high-performance, fuel-efficient, and technologically advanced vehicles, which necessitates greater integration of automotive telematics systems.   Leading automotive players, such as Ford Motor Company, are actively contributing to market growth by enhancing their existing telematics offerings and developing systems compatible with various vehicle models. While the automotive telematics industry experienced substantial growth until 2018, the COVID-19 pandemic in 2019 led to a temporary downturn. The global lockdown and supply chain disruptions negatively impacted the automobile industry, resulting in a year-over-year drop of approximately -7% in 2020 as vehicle producti...

  The global   automotive semiconductor market   was valued at USD 43.26 billion in 2022 and is expected to reach USD 77.76 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 8.1% from 2023 to 2030. This growth is primarily fueled by the increasing integration of electronic components in vehicles, from luxury to mass-produced models, the rising adoption of Electronic Control Units (ECUs) in modern cars, and a strong focus on enhancing vehicle safety systems.   Further contributing to market expansion are factors such as the proliferation of connected cars, advanced infotainment systems, sophisticated automotive safety features, and evolving fuel efficiency standards. The surging demand for electric vehicles (EVs) and hybrid vehicles (HVs) presents a substantial opportunity, as these require specialized semiconductors for crucial functions like Advanced Driver-Assistance Systems (ADAS) and ECUs to manage batteries, motors, and other components. The...