Category: Automotive

The global active spoiler market is projected to achieve a remarkable market value of USD 4.6 billion in 2024, climbing to USD 8.3 billion by 2034. The market is anticipated to expand at an impressive 8.0% CAGR during this forecast period, driven by a surge in vehicle production, increased demand for high-end luxury cars, and…

The adaptive cruise control market is valued at US$ 5.1 billion in 2024 and is projected to reach US$ 14.7 billion by 2034, growing at an estimated CAGR of 13.7% during the forecast period. This growth is driven by advancements in driver assistance systems, increasing safety awareness, and technological innovation in the automotive sector.

The global adaptive front lighting market is poised for significant growth, reaching an estimated valuation of US$ 719.4 million in 2024, with projections to escalate to approximately US$ 2,375.6 million by 2034. This robust expansion is driven by a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. Adaptive front lighting systems (AFS)…

The global ADAS market is projected to grow exponentially, reaching a valuation of US$ 57.4 billion in 2024 and expected to surge to US$ 203.7 billion by 2034, exhibiting a robust CAGR of 14.6% over the forecast period. This growth is fueled by advancements in sensor technology, increasing regulatory mandates for vehicle safety, and rising…