Automotive

  The   automotive electronic control unit market   is expected to record a CAGR of 4.7% during the forecast period. The market is anticipated to cross a market share of US$ 22.8 billion by 2033, while it holds a revenue of US$ 14.4 billion in 2023.  The demand for automotive electronic control unit rises with the increasing safety norms, rising sales of passenger cars, and increasing per capita income. Furthermore, the business growth of the automotive industry has also pushed vendors to adopt electronic control unit systems for the advanced vehicles. The advent of AI and Machine Learning and its integration with electronic control unit circuits delivers ease to the passenger and gives access to a wide number of applications from cooling to engine and cruise control. Connecting the car control system to the smartphone with the help of an app that enhances the driving experience along with the electronic control unit...

  The   Automotive ADAS (Advanced Driver Assistance Systems) Market   will be worth US$ 131 billion by year 2032. The market is estimated to expand at a CAGR of 9.6% over the course of the forecast period. In 2021, the ADAS market was estimated to be worth US$ 29 billion. Strict regulations imposed on car manufacturers by various government bodies around the world promoting passenger safety will aid overall growth of the market. During the forecast period, growth in the automotive industry, combined with rising government initiatives to adopt advanced technologies, develop increasingly structured safety features, and a rising trend of government and consumer adoption of autonomous vehicles will open new revenue paths for the global ADAS market. Download Sample PDF [FREE]:  https://www.futuremarketinsights.com/reports/sample/rep-gb-10914 During the forecast period, the global ADAS market will benefit from an increase in per-capita consumer spending power in ...

  The  golf cart market size  is anticipated to reach a valuation of US$ 2.12 billion by 2032, according to a recent market analysis by Future Market Insights (FMI). Through 2032, the market is predicted to expand at a CAGR of 3.9%. The need for low-speed vehicles has increased for a number of functions, including short-distance commuting in parks, commercial districts, colleges, and other locations. As a result, the golf cart market is growing. Moreover, future infrastructure and equipment developments are likely to help the industry as the leisure and tourist sector expands. Demand for golf cart is expected to rise as utility vehicles gain more and more use outside of golf courses. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-230 After the pandemic, it's expected that restrictions are lifted and market demand can return to its pre-pandemic levels. Additionally, due to its modular architecture and variety of modification opt...

  The global   cargo bike market   is estimated to attain a valuation of US$ 1.4 billion in 2023 and is expected to accumulate US$ 4.2 billion by 2033, rising at a CAGR of 11.6% during the forecast period. Cargo bikes have evolved beyond their traditional role in goods delivery and transportation. They now serve as platforms for various mobile services like bike repair, mobile libraries, pet grooming, and healthcare services. These bike-based businesses bring convenience and eco-friendly options to customers, especially in areas with limited accessibility. This trend is expected to drive substantial growth in the cargo bike market in the forecast period. Get our Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13678 Cargo bikes have expanded their utility to include mobile pop-up shops and food trucks. Entrepreneurs are transforming these bikes into cafes, shops, and food trucks, capitalizing on their flexibility and ability to cater to different ...

  The Global  Micro-mobility Charging Infrastructures Market  was valued at US$ 3.8 Billion in 2021 and is expected to reach US$ 36.6 Billion by year 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, wired Micro-Mobility Charging Infrastructures will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 22.5%. Micro-mobility charging infrastructure plays a pivotal role in shaping the future of urban transportation. As cities continue to face the challenges of congestion and pollution, micro-mobility solutions like electric scooters, bikes, and skateboards offer a promising alternative for short-distance travel. However, to ensure their widespread adoption and long-term sustainability, a well-developed charging network is essential. The success of  micro-mobility charging infrastructure  hinges on two crucial factors: acc...

  The   fifth wheel coupling market   is valued at US$ 637.1 Million as of 2023. By 2033, the market is expected to be valued at US$ 1.1 Billion and is projected to grow at a CAGR of 5.8% during the forecast period. Automobile manufacturers are laying a lot of emphasis on passenger safety. Owing to this, the manufacturers are investing huge amounts in technologies like ADAS. These technologies are known to work in tandem with fifth-wheel couplers, which is expected to surge their demand. Apart from that, the manufacturers have also pointed out that the adoption of this system helps in improving fuel efficiency and reducing the weight of the vehicle. Apart from that, there are rising initiatives from governments worldwide to improve the existing infrastructure. The heavy vehicles that are used for construction purposes are enhanced with the fifth wheel couplers. The application of these couplers assists in safeguarding heavy vehicles from rollovers. This is expected to inc...

  Global aftermarket automotive wheel hub bearing sales are set to total over US$ 1,114.2 million in 2023, as per Future Market Insights (FMI). The   Automotive Wheel Hub Bearing Aftermarket   is expected to expand at a value CAGR of 5.0% from 2023 to 2033, reaching a valuation of US$ 1,810.7 million by 2033.  Key Takeaways: The worldwide demand for aftermarket automotive wheel hub bearings is forecast to thrive at0% CAGR through 2033. By product type, ball bearing segment holds a dominant share of around 0% in 2023. Based on sales channel, the independent aftermarket segment is expected to progress at 0% CAGR through 2033. By vehicle type, IC engine segment is estimated to have a dominant share of around 2% in 2023. The United States automotive wheel hub bearing aftermarket value is expected to reach US$ 215 million by 2033. Demand in China for automotive wheel hub bearings in the aftermarket is likely to rise at 8%...