Automotive Market Research Reports

The global  automotive motor market  was valued at $38.7 billion in 2023 and is projected to experience substantial growth, reaching $56.9 billion by 2030. This expansion is driven by a Compound Annual Growth Rate (CAGR) of 5.7% from 2024 to 2030. A key driver for this increase in demand is the growing sales of vehicles, particularly electric variants.   Automobiles utilize various electric motors to power numerous functionalities, including essential components like power windows, engine cooling fans, air conditioning systems, and sunroofs. Furthermore, the increasing consumer preference for advanced safety features such as anti-lock braking systems (ABS), airbags, electronic stability control (ESC), and traction control—all of which rely on electric motors—is stimulating significant market expansion.   The global automotive industry is seeing a rise in production across all segments, including passenger cars, commercial vehicles, and two-wheelers. This trend is sup...

  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...