Automotive Hypervisor Market Will Reach USD 1,168.3 Million by 2030

The global automotive hypervisor market is projected to experience significant growth, with an estimated revenue of USD 218.1 million in 2023. According to predictions, the market is expected to reach USD 1,168.3 million by 2030, exhibiting a compound annual growth rate (CAGR) of 27.2% from 2024 to 2030. This growth of the market can be credited to the increasing need for connected … Continua a leggere

APAC Region is Dominating Hybrid Electric Car Market

in 2022, the hybrid electric car market sales size is projected to reach 2.2 million units, and it is projected to raise at a CAGR of 20.1% during 2022–2030, to sell 9.9 million units by 2030, according to P&S Intelligence. This is because of the growing execution of strict emission rules, increasing government funding, and rising environmental knowledge among customers … Continua a leggere

Automotive Lightweight Material Market: Key Trends and Growth Drivers

Consumers’ top requirements when searching for automotive technologies and components are materials with good corrosion resistance, a high strength-to-weight ratio, and substantial design freedom. To adapt to changing consumer needs, the automotive industry has used polymer composites, plastics, magnesium, steel, and aluminum. Composites are becoming more and more common due to their numerous uses in autos as well as their … Continua a leggere