Category: Automotive

The ASEAN automotive aftermarket is poised for remarkable growth, reaching an estimated value of USD 25.56 billion in 2024 and projected to expand to USD 56.53 billion by 2034, with a steady CAGR of 8.5% during the forecast period. Factors such as increasing vehicle ownership, the rise of electric vehicles, and the advent of e-commerce…

The ASEAN automotive bearings market is anticipated to experience robust growth, with a valuation of USD 1.01 billion in 2024 and projected to reach USD 1.78 billion by 2034, reflecting a steady CAGR of 6.2% over the forecast period. The increasing demand for automotive components driven by vehicle production, advancements in bearing technology, and a…

The Asia-Pacific (APAC) airbag market is projected to witness substantial growth, driven by increasing safety concerns and regulatory mandates across the region. The market, valued at US$ 9.51 billion in 2024, is expected to reach US$ 16.53 billion by 2034, growing at a CAGR of 7.2%. This growth reflects the rising adoption of airbags across…

The Asia-Pacific (APAC) automotive telematics market is projected to witness significant growth, expanding from US$ 94.9 billion in 2024 to an impressive US$ 415.5 billion by 2034. The market is expected to grow at a CAGR of 17% during the forecast period, driven by advancements in technology, increasing production of passenger and commercial vehicles, and…

The Asia Pacific in-car entertainment system market is expected to witness significant growth, projected to reach US$ 6,372.2 million by 2034, up from US$ 3,487.9 million in 2024, at an estimated CAGR of 9.0%. This robust expansion is driven by increasing automotive sales and the rising demand for technologically advanced entertainment systems.

The auto-ventilated seats market is poised to grow significantly, with an estimated valuation of USD 9,560.1 million in 2025 and projected to reach USD 19,429.3 million by 2035, expanding at a CAGR of 9.0% over the forecast period. This robust growth reflects increasing consumer demand for luxury and comfort features in vehicles, especially in regions…

The global Automated Guided Vehicles (AGV) market is anticipated to achieve remarkable growth, valued at US$ 2,127.7 million in 2024, and projected to rise to US$ 3,532.5 million by 2034, registering a CAGR of 9% during the forecast period. This expansion is driven by increasing demand for efficient material handling solutions across diverse industries, including…

The automated people mover (APM) market in Japan is expected to expand significantly, demonstrating a CAGR of 6.8% from 2024 to 2034. The market valuation is projected to grow from US$ 196.52 million in 2024 to US$ 347.10 million by 2034, driven by advancements in technology, urbanization, and sustainability-focused initiatives.

The Automotive Active Safety System Market is expected to grow significantly, fueled by technological advancements and increasing consumer demand for vehicle safety. By 2024, the market is projected to reach US$ 16.8 billion, expanding at a CAGR of 12.3% to achieve a valuation of US$ 47.69 billion by 2034.