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According to Novatrends Market Intelligence, the solar vehicle market size is valued at USD 566.21 Million in 2024 and expected to register a growth rate of CAGR 24.40% during the forecast period (2025 – 2032).
Read More »July 2025
Expanding demand for sensors is driven by the shift toward automation, electrification, and safety-enhancing technologies. Applications in ADAS, engine management, infotainment, and tire pressure monitoring are growing rapidly.
Read More »June 2025
Consumer preference for seamless connectivity, entertainment, and smart navigation systems is driving the infotainment market. Integration of Apple CarPlay, Android Auto, voice assistance, and gesture control is enhancing user experiences.
Read More »June 2025
Stringent vehicle safety regulations, rising awareness about collision prevention, and growing adoption of semi-autonomous driving features are fueling ADAS demand. Key technologies such as adaptive cruise control, lane-keeping assist, and others
Read More »June 2025
The telematics market is expanding due to rising demand for fleet management, vehicle tracking, predictive maintenance, and usage-based insurance. Increasing regulatory mandates on vehicle safety and eCall systems in Europe
Read More »June 2025
The autonomous vehicle market is propelled by advances in AI, LiDAR, and sensor fusion technologies. Increasing focus on road safety, traffic efficiency, and driver convenience is boosting investments from automakers and tech firms.
Read More »June 2025
Growing consumer demand for in-car infotainment, real-time navigation, and vehicle diagnostics is fueling the connected car market. Government regulations promoting telematics for safety and security, along with rising adoption of 5G and IoT.
Read More »June 2025
The demand for automotive batteries is surging due to the rapid proliferation of electric and hybrid vehicles. Enhanced energy density, faster charging technologies, and declining battery costs are significant growth catalysts.
Read More »June 2025
The EV market is driven by stringent emission regulations, rising fuel prices, government incentives, and growing environmental awareness.
Read More »June 2025