Press Release

Automotive Fuel Tank Market to Grow with a CAGR of 4.22% through 2031F

The major drivers for the Global Automotive Fuel Tank Market include the growing automotive production, increasing demand for lightweight and fuel-efficient vehicles, and evolving emission regulations promoting advancements in fuel tank materials and designs.

Automotive Turbocharger Market to Grow at 8.34% CAGR by 2031F

Government’s regulation for emission control and increase in demand for fuel efficient vehicles to drive the global automotive turbocharger market through Forecast Period 2027-2031.

Automotive Glazing Market to Grow with a CAGR of 9.21% through 2031F

Increasing automobile sales and surge in research and development investment across the world to drive global automotive glazing market.

Global Automotive Passenger Car Ambient Lighting Market to Grow with a CAGR of 11.57% through 2031F

Improving economic conditions and rising concerns for vehicle safety are expected to drive the demand for global automotive passenger car ambient lighting market during the forecast period 2027-2031.

Global Automotive Diesel Exhaust Fluid Market to Grow with a CAGR of 6.64% through 2031F

Increase in number of vehicles on road and improvement in road infrastructure are expected to drive the global automotive diesel exhaust fluid market in the forecast period 2027-2031.

Global Automotive Software Market to Grow with a CAGR of 11.89% through 2031F

Rising demand for automated and electric vehicles is expected to drive the demand for global automotive software market in the forecast period.

Global Automatic Trunk Lid Market to Grow with a CAGR of 11.81% through 2031F

The global expansion of the SUV and crossover vehicle segments serves as a primary catalyst for the automatic trunk lid market, fundamentally altering vehicle body configurations and component requirements.

Engine Mounting Brackets Market to Grow with a CAGR of 5.12% through 2031F

The Global Engine Mounting Brackets Market is propelled by the increasing demand for lightweight and durable materials in automotive manufacturing, coupled with the rising production of vehicles globally. Additionally, stringent regulations promoting fuel efficiency and emissions reduction drive the adoption of advanced engine mounting bracket technologies.

Smart Electric Drive Market to Grow with a CAGR of 32.27% through 2031F

The global Smart Electric Drive Market is expanding rapidly due to advancements in EV technology, increasing demand for sustainable transportation, and growing adoption of smart drive systems for enhanced vehicle performance.

Automotive Seat Heater Market to Grow with a CAGR of 4.93% through 2031F

The Automotive Seat Heater Market is driven by increasing vehicle ownership, rising consumer demand for enhanced comfort, and advancements in heating technology.

Automotive Panoramic Roof Market to Grow with a CAGR of 11.12% through 2031F

The automotive panoramic roof market is growing, driven by consumer demand for enhanced driving experiences, improved vehicle aesthetics, and technological innovations like solar and tinted roofs.

Automotive Fuel Cell Market to Grow with a CAGR of 40.99% Globally through 2031F

The Global Automotive Fuel Cell Market is primarily driven by the increasing focus on zero-emission vehicles and the growing demand for sustainable and environmentally friendly transportation solutions, with fuel cells providing a viable alternative to traditional internal combustion engines. Advancements in fuel cell technology, coupled with government initiatives promoting hydrogen infrastructure development, further contribute to the market's expansion.

Global Automotive Forgings Market to Grow with a CAGR of 5.11% through 2031F

The Global Automotive Forgings Market is driven by two key factors. Firstly, the automotive industry's focus on lightweighting has increased the adoption of forged components. Forgings offer reduced weight and enhanced strength, improving fuel efficiency and safety. Secondly, the demand for electric vehicles (EVs) has led to the use of lightweight and durable forgings in EV manufacturing. These factors, along with the industry's pursuit of efficiency and sustainability, drive the growth of the global automotive forgings market.

Automotive Biometric Identification Market to Grow with a CAGR of 16.43% through 2031F

The Global Automotive Biometric Identification Market is primarily driven by the increasing need for enhanced vehicle security, seamless driver authentication, and the integration of advanced driver monitoring systems to improve safety and personalized in-car experiences.

Automotive Wheel Cap Market to Grow with a CAGR of 6.19% through 2031F

The global automotive wheel cap market is driven by the growing demand for vehicle customization, advancements in material technologies, and the need for enhanced vehicle performance.

Global Tractors and Trailers Market to Grow with a CAGR of 6.21% through 2031F

The industry is witnessing a significant shift toward electrification, with manufacturers increasingly developing and deploying battery-electric tractors and e-trailers that provide auxiliary propulsion to reduce emissions and fuel consumption.

Automotive Rain Sensor Market to Grow with a CAGR of 8.87% through 2031F

The Automotive Rain Sensor Market is growing rapidly due to increased demand for advanced driver assistance systems, enhancing safety and convenience by automatically adjusting wipers in rain.

Automotive Motor Market to Grow with a CAGR of 6.22% through 2031F

The major drivers for the Global Automotive Motor Market are the shift toward electric and hybrid vehicles, the integration of advanced driver assistance systems (ADAS) requiring motorized components, and the demand for improved vehicle efficiency through electrified powertrains.

Auto Night Vision System Market to Grow with a CAGR of 11.19% through 2031F

Increasing technological development and rising safety concerns are expected to drive the demand for Global Auto Night Vision System Market.

AL6XN Market to Grow at 2.51% CAGR through 2035

Rising investments in chemical processing and petrochemical industries and growth in offshore oil and gas exploration are expected to drive the Global AL6XN Market growth in the forecast period, 2026-2035.