The global automotive relay market size is expected to reach USD 24.97 billion by 2030, registering a CAGR of 8.1% during the forecast period, according to a new report by Grand View Research, Inc. Increasing vehicular safety regulations in various regions across the globe is driving the automotive relay market. Further, increasing adoption of electric vehicles amongst passenger car...

Automotive Chip Market Overview This section provides a concise yet comprehensive overview of the Automotive Chip Market. It encompasses key trends, growth drivers, challenges, and opportunities within the market landscape. The overview serves as a starting point for understanding the market dynamics and sets the stage for deeper exploration in the subsequent sections of the...

Electric Powertrain Industry The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric...

Electric Powertrain Industry The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric...

Electric Powertrain Industry The global electric powertrain market size was valued at USD 83.30 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.3% from 2023 to 2030. The COVID-19 pandemic has affected the overall automotive industry, leading to a subsequent decline in the growth of the electric powertrain industry due to low automotive sales and new...

The global electric powertrain market was valued at USD 83.30 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.3% from 2023 to 2030. While the electric powertrain industry experienced a slowdown due to the COVID-19 pandemic, which negatively impacted the overall automotive sector, the market is poised for significant recovery and expansion in the...

The global reverse logistics market size is projected to reach USD 1,450.17 billion by 2030, growing at a CAGR of 9.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. One of the key factors contributing to the growth of the reverse logistics industry is the strict government regulations for product quality. One of the biggest threats faced by organizations is the...