From catering to a few affluent sections of society to transforming into a domain of necessity, the automotive and transportation industry has come a
...long way since its birth in the early 20th century. Today, the automotive industry is stronger than ever, with the world witnessing an exponential rise in vehicular sales in the last decade or so. New technologies such as robotics and Artificial Intelligence (AI) have strengthened and streamlined manufacturing processes, bringing down costs and enhancing efficiency. For instance, Universal Robots developed their iconic robot arm that reduces production time on the assembly line. Furthermore, rising incomes, developing economies, and globalization have enabled players in this industry to penetrate into hitherto unexplored markets and territories and expand their operations and presence. Moreover, commitment to sustainable development has spurred countries to aggressively promote production and consumption of hybrid and electric cars. According to a report by the Bank of America, electric vehicles will account for 95% of vehicle sales by 2050. Fortune Business Insights is thoroughly researching the dynamics of this thriving industry. Our aim is to come out with customized reports that will aid stakeholders to make informed business decisions and maximize their revenues.
Read MoreThe global mobility as a service (MaaS) market was USD 182.12 billion in 2018 is projected to reach USD 210.44 billion by 2026, exhibiting a CAGR of 1.9% during the ... Read More
March, 2020
The global automotive exhaust system market size was stood at USD 11.35 billion in 2018 and is projected to reach USD 11.75 billion by 2026, exhibiting a CAGR ... Read More
March, 2020
The global automotive axle market size for passenger cars was at USD 26.58 billion in 2018 is projected to growth at a CAGR of 4.5% during the forecast period. The H... Read More
March, 2020
The global automotive chassis market was at USD 60.04 billion in 2018 is projected to growth at a CAGR of 7.4% during the forecast period. The LCV chassis market is ... Read More
March, 2020
The global automotive electronic control unit market size was valued at USD 70.02 billion in 2018. It is projected to reach USD 106.88 billion by 2025, exhibiting a ... Read More
March, 2020
The global intelligent transportation systems (ITS) market size was USD 1643.8 million in 2018. It is projected to reach USD 8474.2 million by 2026, exhibiting a CAG... Read More
March, 2020
The global vehicle electrification market size valued at USD 27.9 billion in 2018 and is projected to reach USD 53.3 billion by 2026, exhibiting a CAGR of 8.5% durin... Read More
March, 2020
The global fuel cell vehicle market size valued at USD 446.7 million in 2018 and is projected to reach USD 6,731.4 million by 2026, exhibiting a CAGR of 29.7% during... Read More
March, 2020
The global automotive camera market size was USD 3.5 billion in 2018 and is projected to reach USD 8.5 billion by 2026, exhibiting a CAGR of 12.1% during the forecas... Read More
March, 2020
The global automotive lighting market size was USD 53.8 billion in 2018 and is projected to reach USD 100.8 billion by 2026, exhibiting a CAGR of 8.3% during the for... Read More
February, 2020
The global automotive seat belts market size was USD 10.37 billion in 2018 and is projected to reach USD 14.37 billion by 2025, exhibiting a CAGR of 4.9% during the ... Read More
February, 2020
The global electric vehicle charging station market size stood at USD 27.21 billion in 2018 and is projected to reach USD 264.80 billion by 2026, exhibiting a CAGR o... Read More
February, 2020
The global electric bike (E-bike) market size was USD 7.68 billion in 2018 and is projected to reach USD 46.04 billion by 2026, exhibiting a CAGR of 24.5% during the... Read More
January, 2020
The global electric bus market volume was 182 thousand units in 2018 and is projected to reach 291 thousand units by 2026, exhibiting a CAGR of 5.7% during the forec... Read More
January, 2020
The global automotive airbags market size was USD 12.54 billion in 2018 is projected to reach USD 22.53 billion by 2025, exhibiting a CAGR of 8.2% during the forecas... Read More
January, 2020