Category: Automotive

The Automotive Backing Plate Market is anticipated to witness steady growth, driven by advancements in braking systems, increased adoption of lightweight materials, and rising demand for enhanced vehicle safety. By 2024, the market size is projected to reach US$ 614.4 million, expanding at a CAGR of 5.9% to achieve a valuation of US$ 1.1 billion…

The global automotive brake valves market was valued at approximately $13,109 million in 2023 and is projected to grow at a CAGR of 6.9% from 2024 to 2034, reaching an estimated value of $23,598.7 million by 2034. Increasing adoption of ABS modular valves and combination valves, accounting for 43.3% and 21.1% of the market share…

The Automated People Mover (APM) market in Korea is on a robust growth trajectory, driven by advancements in urban transit technologies and rising demand for sustainable transportation solutions. Projected to grow at a CAGR of 5.4% (up from previous estimates), the market size is expected to rise from US$ 114.65 million in 2024 to US$…

The Automated People Mover (APM) market in Western Europe is set to experience remarkable growth, driven by urbanization, technological advancements, and a shift towards sustainable transportation solutions. The market is projected to expand at a CAGR of 7.3% (adjusted), with its valuation increasing from US$ 649.89 million in 2024 to US$ 1,202.45 million by 2034.…

The Automated People Mover (APM) market in Korea is on a robust growth trajectory, driven by advancements in urban transit technologies and rising demand for sustainable transportation solutions. Projected to grow at a CAGR of 5.4% (up from previous estimates), the market size is expected to rise from US$ 114.65 million in 2024 to US$…

The Automatic Gearbox Valves Market is poised for significant growth, driven by technological advancements and the increasing demand for fuel-efficient and lightweight automotive components. By 2024, the market is projected to reach a valuation of US$ 30.67 billion, growing at a CAGR of 10% to achieve a market value of US$ 71.3 billion by 2034.

The Automotive Anti-lock Braking System (ABS) and Electronic Stability Control (ESC) Market is projected to grow significantly, driven by advancements in vehicle safety technologies and stringent government regulations. By 2024, the market size is estimated to reach US$ 1,408.80 million, expanding at a CAGR of 12.2% to reach US$ 5,070.95 million by 2034.

The Automotive Active Purge Pump (APP) Market is poised for remarkable growth, driven by stringent emission regulations, rising adoption of electric vehicles, and the demand for improved fuel efficiency. By 2024, the market is projected to reach a valuation of US$ 83.01 million, expanding at a CAGR of 11.9% to achieve a value of US$…

The Automotive Active Roll Control System Market is expected to witness steady growth, driven by increasing demand for safer and more comfortable vehicles. By 2024, the market is projected to reach US$ 5.5 billion, growing at a CAGR of 5% to achieve a valuation of US$ 9 billion by 2034.

The Automotive Actuator Market is set to grow at a robust pace, driven by technological advancements, increasing demand for vehicle automation, and stringent emission regulations. By 2024, the global market is projected to reach US$ 15.1 billion, expanding at a CAGR of 7.9% to achieve a valuation of US$ 29.7 billion by 2034.