Latest Publications

The Global Automotive Airbag Silicone Market Size is Projected to Reach USD 536 Million by 2030, from an Estimated Value of USD 239 Million in 2023, at a 17.8% CAGR. Initially, demand for airbags was restricted in most regions to frontal airbags. In 2012, however, the EU required the introduction, in addition to frontal airbags, of head-protecting airbags and side airbags, which propelled t . . .

The Global ADAS market is projected to grow at a CAGR of 11.6% during the forecast period to reach USD 78.6 billion by 2030 from USD 25.8 billion. An advanced and innovative technology platform, advanced driver assistance system (ADAS) provides vehicles with autonomy and helps drivers in safely maneuvering their vehicles. ADAS aims to boost the comfort, convenience, and safety of drivers by int . . .

The Global Test Automation Systems For Powertrain Dynamometer Market is anticipated to grow from USD 0.639 billion in 2023 to USD 1.07 billion by 2030, registering a CAGR of 5.78% during the forecast period by 2030. Powertrain dynamometer test automation systems are integrated interfaces for performing, manipulating, recording, and analyzing various tests in test rigs. These . . .

The Global Bus Compressor Market is anticipated to grow from USD 102 billion in 2023 to USD 206.2 billion by 2030,  growing at a CAGR of 3.81% between 2025 and 2030. The act of using a compressor on the master output to generate a homogeneous sound for the whole mix or master is known as bus compression. Bus compression is frequently employed in mixes and maste . . .

During the projected period of 2025-30, the Global Light Electric Vehicle Market is expected to reach USD 6.83 billion by 2030 with a CAGR of 9.3%, and currently, in 2023 the market is USD 2.3 Billion. However, the reasons behind propelling the Global electric market are emerging environmental concerns, financial support from the governments, depletion in oil reserves, and frequent price vari . . .

From USD 0.08 billion in 2023, the Global Wireless Electric Vehicle Charging Market is predicted to grow to USD 1.8 billion by 2030, registering a CAGR of 56% during the forecast period (2025–2030). The growth of this market is attributed to the increasing awareness of protecting the environment and restricting the use of fossil fuels, which has stimulated governments and vari . . .

From USD 46.0 billion in 2023, the Global Hybrid Powertrain Systems Market is predicted to grow to USD 57.4 billion by 2030, registering a CAGR of 4.5% during the forecast period (2025–2030). The growth of this market is attributed to the capability of hybrid powertrain systems to eliminate the production of emissions along with improved efficiency of hybrid-enabled technologies. Hybr . . .

The Global Demand for the Automotive Airbag Market is expected to hit USD 30.2 billion in 2023 and USD 43.4 billion by 2030, increasing at a CAGR of 8.8 percent over the forecast period. The demand will expand as more people use airbags and as new versions of airbag design and technologies are developed. The need for vehicle airbags and seatbelts is being driven by various developme . . .

The global healthcare IT market size is expected to grow from USD 400.6 billion in 2023 to USD 1000.43 billion by 2030, thereby registering a CAGR of 20.1% during the forecast period. Healthcare Information Technology (IT) encompasses the application of technological solutions within the healthcare sector to transmit, manage, and store patient information electronically. These include Electro . . .

At a CAGR of 24.6% Global Electric Commercial Vehicle, Market is predicted to grow and generate revenue of USD 2,418 billion by 2030 and presently the market is at USD 414.5 billion. The market growth is estimated to be inclined by the rise in demand for zero-emission vehicles, governments’ engagement, and automotive market key players’ moves towards electric vehicle manufacturing. The . . .