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The Automotive Edge AI market is at a stage of rapid expansion, as the industry as a whole is moving to software-defined vehicles (SDVs), more advanced driver assistance systems (ADAS) are deployed, and autonomous driving capabilities are rolled out gradually. Automotive Edge AI is the implementation of artificial intelligence applications at the very edge of the vehicles, real-time perception, decision-making, and control are realizable without the need to be connected to the cloud all the t
Carbon emission concerns, together with unstable fuel prices and tough emission regulations, are some of the factors that raise pressure for a shift towards next-gen EVs in passenger cars, commercial vehicles and specialized mobility segments. Manufacturers are turning more towards AI, advanced driver-assistance systems (ADAS), over-the-air (OTA) updates, and vehicle-to-everything (V2X) communication for improving safety, efficiency, and user experience and hence, transforming EVs into smart
The LiDAR Technology Market is experiencing growth as it is getting increasingly used in autonomous vehicles, advanced driver assistance systems (ADAS), smart city mapping, infrastructure surveying, and precision agriculture. Ongoing innovations in solid state LiDAR, scaling down of prices, and sensing with higher resolution are making commercial applications viable beyond the usual aerial and ground mapping.
Green Mobility-as-a-Service (MaaS) market is growing with the changes in the environment. Cities, governments, and consumers are all focusing more on green, low-carbon modes of transport and digital mobility platforms. Green MaaS is the integration of shared mobility services like electric ride-hailing, e-scooters, e-bikes, public transit, and car-sharing into one, app-based ecosystem that highlights sustainability, lowering of emissions, and efficient city transport.
The market of fast charging technology is rapidly progressing, the main factors being the rapid adoption of electric vehicles (EVs), the use of consumer electronics, and the need for energy-efficient power solutions in residential, commercial, and industrial sectors. Fast-charging technologies are capable of reducing the charging time drastically; they achieve this by delivering higher power levels through more advanced power electronics, better battery chemistries, and intelligent thermal ma
EV Thermal Management Systems Market is witnessing a surge in demand as the electric vehicles adoption rate is increasing rapidly all over the world. This is mainly because the major parts of an EV, like battery, power electronics, motor, and passenger compartments, need to be operated at their optimum temperature. In contrast to vehicles with internal combustion engines, the primary concern of an EV is the battery, thus necessitating advanced thermal management solutions to guarantee the bat
The electric turbocharger market is rapidly expanding with the growing demand for advanced technologies to enhance engine performance, fuel efficiency, and lower emissions while complying with the regulatory norms. An electric turbocharger combines a high-speed electric motor and a traditional turbo system. Hence, electric turbos are very compatible with downsized internal combustion engines and hybrid power units.
The primary factor driving the agriculture drones market’s growth in the country is the rapid rise in the need for precision agriculture, as well as growing technological advancements like integration with AI and machine learning. The labor shortages, along with cost pressure, also promote the adoption of drones to reduce operational costs and minimize the reliance on manual labor, thus significantly increasing demand for agricultural drones in the country.The rise in supportive govern
The EV battery swapping market is becoming an increasingly popular alternative for charging the EV car battery as it allows the exhaust battery to be instantly swapped with a fully charged one, thus the vehicle downtime is eliminated. It is becoming a trend especially in the case of two-wheelers, three-wheelers and commercial fleets, which need to be used for as long as possible and turned around quickly.
Automotive Usage-Based Financing (UBF) Market is experiencing growth because the automotive and financial services industries are progressively embracing data-driven, flexible, and customer-focused models.