The Global Gas Turbines Market is anticipated to grow from USD 20.2 billion in 2023 to USD 27.5 billion in 2030 at a CAGR of 3.9% during the forecast period from 2025 to 2030.
The gas turbine is the internal - combustion engine at the core of Gas Turbine Combined Cycle (GTCC) power plants. Increasing energy demand is the major driver for the growth of the gas turbines market. Efficient an . . .
The Global Automotive V2X Market is estimated to be USD 3.1 billion in 2023 and is further expected to grow to USD 2.1 billion by 2030, witnessing a CAGR of 40.5% during the forecast period. The growth of this market is attributed to extensive technological upgradation, stringent rules imposed by the government authorities towards the improvement of traffic management, extensiv . . .
The Global FPGA Market is expected to reach USD 26.8 billion in 2030 from USD 11.7 billion in 2023 with a compound annual growth rate CAGR of 17.2% throughout the forecast period (2025-2030).
The increasing demand for streaming data processing and efficient data flow in various applications is driving the market growth. The adoption of FPGA architecture is on the ri . . .
The Global Automotive Turbocharger Market is anticipated to grow from USD 11.65 billion to USD 19.7 billion by 2030, witnessing a CAGR of 10.1% during the forecast period 2025-2030. An automotive turbocharger is an enforced initiation system that uses the energy of exhaust gases from the engine to drive the turbine. This helps in stimulating the volume of air into the combustion chamber as it burn . . .
The Global Automotive Fuel Cell Market was valued at USD 4.9 billion in 2023 and is anticipated to reach USD 19.6 billion by 2030, thus registering a CAGR of 50.61% during the forecast period 2025-2030. The growth drivers behind this exponential growth include increased government initiatives and investments in the development of fuel cell technology and the use of fuel cells in the transport . . .
The Global Automotive Piston Pin Market size is projected to grow from USD 259 Billion in 2023 to USD 316 Billion by 2030, at a CAGR of 4.5%.
The market for piston pins is mainly driven by the extensive production and sales volumes of ICE vehicles in all segments, including passenger cars, LCVs, and HCVs. In developing as well as developed countries, the piston pin market h . . .
The Global Automotive Engine Management System Market is expected to rise at a CAGR of 2.7 percent to USD 65.2 billion by 2030, up from USD 59.8 billion in 2023. The introduction of stringent emission norms around the world, as well as increased vehicle production, are driving demand for engine management systems. The ignition timing of the amount of fuel pumped into the car is regulated . . .
The Global Automotive Fastener Market was valued at USD 21.5 billion in 2023 and is anticipated to reach USD 28.55 billion by 2030, witnessing a 2.78% CAGR by 2030. A fastener is a mechanical device that connects or holds two or more things together in such a way as to make a non-permanent joint. Automotive fasteners include nuts, rivets, screws, snap rings, studs, and clips that are used in . . .
The Global Onboard Charger Market was valued at USD 1.4 billion in 2023 and is expected to reach USD 4.4 billion by 2030, growing at a CAGR of 17.2% during 2025-2030. The global onboard charger market is growing at a remarkable rate with the rise in electric vehicles on the road. Further, with the growing adoption of electric vehicles globally, the number of onboard chargers is also growing a . . .
The Global Automotive Usage-Based Insurance (UBI) Market is estimated to be USD 40.3 billion in 2023 and is predicted to reach USD 95.7 billion by 2030, growing at a CAGR of 18.8 % during the forecast period. The growth of this market is attributed to the acceptance of shifting trends observed amongst insurance providers toward remote diagnostics. The amalgamation of usage-based structure alo . . .