In 2024, the global market size of Automotive Fuel Cells was estimated to be worth US$ 711 million and is forecast to reach approximately US$ 1693 million by 2031 with a CAGR of 13.4% during the forecast period 2025-2031.
A fuel cell is a device that generates electricity by a chemical reaction. Automotive fuel cells create electricity to power an electric motor, generally using oxygen from the ai...
In 2024, the global market size of Vehicle Wiring Harness was estimated to be worth US$ 60900 million and is forecast to reach approximately US$ 94850 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.
Vehicle Wiring Harness refers to the contact terminal made of copper materials is made of (connector) and wire and cable crimping, the plastic insulator or external metal shel...
In 2024, the global market size of Vehicle Fuel Tank was estimated to be worth US$ million and is forecast to reach approximately US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Fuel tanks for the trucking industry are generally built for the same applications as those for automotive uses but with larger capacity.
Automotive fuel tank is an important safety and functional...
In 2024, the global market size of Automotive Tire Pressure Monitoring System was estimated to be worth US$ million and is forecast to reach approximately US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. TPMS report...
In 2024, the global market size of Automotive Inductive Wireless Charging Systems was estimated to be worth US$ 412 million and is forecast to reach approximately US$ 5376 million by 2031 with a CAGR of 45.0% during the forecast period 2025-2031.
Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespr...
In 2024, the global market size of Automotive Heat Shield was estimated to be worth US$ 17090 million and is forecast to reach approximately US$ 26390 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
A heat shield is designed to shield a substance from absorbing excessive heat from an outside source by either dissipating, reflecting or simply absorbing the heat. It is ofte...
In 2024, the global market size of Wheel Weight was estimated to be worth US$ 696 million and is forecast to reach approximately US$ 766 million by 2031 with a CAGR of 1.4% during the forecast period 2025-2031.
Wheel Weight also referred to as tire balance, describes the distribution of mass within an automobile tire or the entire wheel (including the rim) to which it is attached.
When the wheel r...
In 2024, the global market size of Electric Power Steering System (EPS) was estimated to be worth US$ 17830 million and is forecast to reach approximately US$ 21360 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
Automotive Electronic Power Steering is a very popular steering system, a power steering system that directly relies on the motor to provide auxiliary torque; Cu...
In 2024, the global market size of Automotive Dyno was estimated to be worth US$ 231 million and is forecast to reach approximately US$ 255 million by 2031 with a CAGR of 1.4% during the forecast period 2025-2031.
Automotive Dynamometer (Dyno) is a device for measuring force, torque, or power. For example, the power produced by an engine or other rotating prime mover can be calculated by simultane...
In 2024, the global market size of Automotive Steering Systems was estimated to be worth US$ 38300 million and is forecast to reach approximately US$ 46030 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
Automotive Steering Systems refers to a series of devices used to change or maintain the direction of the vehicle; its function is to control the direction according to t...
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