Report Title
The mobility-as-a-service market size was valued at $128,489.2 million in 2021, and it is projected to foster at a CAGR of 16.8% during 2021–2030.
The e-commerce automotive aftermarket size stood at $78,631.4 million in 2021, and it will advance at a CAGR of 10.4% during 2021–2030, primarily due to the increasing number of DIY customers. Other major driving factors for the market are the convenience offered by online shopping channels and growing market.
The global two-wheeler logistics market generated $57,260.0 million revenue in 2020, and it is expected to grow at a CAGR of 20.0% during 2020–2030.
The peer-to-peer carsharing market was valued at $1,015.7 million globally in 2020, and it is expected to grow at a CAGR of 21.7% during 2020–2030.
The global automotive ethernet market was valued at ~$2 billion in 2020, and it is expected to grow at a CAGR of 19.4% during the forecast period (2021–2030).
The global automotive over-the-air (OTA) updates was valued at $2,422.6 million in 2020, which is expected to grow at a CAGR of 19.5% during the forecast period.
The global micromobility telematics market was valued at $957.7 million in 2020, which is expected to grow at a CAGR of 26.7% during the forecast period (2021–2030).
The Indian shared mobility market was valued at $1,025.8 million in 2019, and is expected to grow at a CAGR of 56.8% during the forecast period (2020–2025). Cost effective and convenient mobility offered by shared mobility service providers is the prime factor supporting to the growth of the market.
The global last mile delivery market valued $15.7 billion in 2019, from where it is expected to witness a CAGR of 20.3% during 2020–2030
The global automotive cybersecurity market size was $1,152.7 million in 2019, which is projected to reach $7,280.2 million by 2030, growing at a CAGR of 18.5% during the forecast period (2020–2030).
E-rickshaws gained prominence in India in early 2010 when these vehicles started operating in suburban and urban areas of Delhi–NCR, towns of Uttar Pradesh, Bihar, and West Bengal.
The automotive software market size was $28,214.6 million in 2019, and it is expected to advance at a CAGR of 12.4% between 2020 and 2030.
The global electric mobility services market size was $3,189.8 million in 2019. Furthermore, the market is expected to advance with a CAGR of 40.7% in the forecast period (2020–2030).
The global internet of things (IoT) in logistics market size was $34,504.8 million in 2019, and it is projected to grow with a CAGR of 13.2% between 2020–2030 (forecast period).
Valuing $4,310.8 million in 2019, the global memory market for autonomous and connected vehicles size is expected to display a CAGR of 23.9% during 2020–2030. The key factors aiding in the advance of the industry are the rising requirement for an enhanced driving experience, increasing security and safety concerns among people, rapid adoption of internet of things (IoT) in automobiles, and surging popularity of electric vehicles (EVs).
The Indian end-of-life vehicle (ELV) and dismantling market valued $3,474.0 million in 2019, and it is expected to advance at a CAGR of 17.2% during the forecast period (2020–2030). The key drivers for the market are the rapid closure of unregulated scrap yards, recent laws related to vehicle life, and supportive government policies.
The global cooperative vehicle infrastructure system (CVIS) market is an offshoot of the connected and autonomous vehicle market, and is expected to witness considerable growth during the forecast period (2020–2030), on account of technology transition and increasing demand for safety and comfort of commuters.
The Indian digital freight matching market is presently at a nascent stage, but during the forecast period (2020–2030), the market is projected to witness extensive growth. The advancement of the market is significantly driven by the fact that India comprises a lucrative consumer base in the e-commerce industry. Moreover, the growing logistic industry in the country is further propelling the demand for digital freight matching services.
The global connected motorcycle market is expected to witness considerable growth during the forecast period (2020–2030), on account of technology transition and increasing demand for safety and comfort of motorcyclists.
The global car subscription market is expected to witness considerable growth during the forecast period (2020–2030), on account of technology transition and changing ownership patterns.
Road freight transport is defined as the transportation of goods by road between two places (a place of loading and a place of unloading). The global road freight transportation market is expected to witness considerable growth during the forecast period (2020–2030), on account of the rapid urbanization and growing population, coupled with the expanding e-commerce industry around the world.
The global car towing service market is projected to witness considerable growth during the forecast period (2020–2030) on account of the rising number of aging vehicles on the roads. In addition, the surging demand for roadside assistance services, is expected to contribute to the market advance.
Valued at $14.5 billion in 2019, the global vehicle-to-vehicle (V2V) communication market is projected to advance with a CAGR of 16.6% during the forecast period (2020–2030). The market is further estimated to generate a revenue of $77.1 billion, in 2030.
The urban air mobility (UAM) market value will be $895.0 million in 2023, and it is predicted to reach $6,889.4 million by 2030.
Valued at about $8.9 billion in 2019, the global air ambulance services market is projected to witness a CAGR of 5.4% during the forecast period (2020–2030) and is expected to reach nearly $15.9 billion by 2030.
The Indian two-wheeler sharing market stood at $31.1 million in 2019, which is expected to reach $94.0 million by 2025, with a CAGR of 20.2% during the forecast period (2020–2025).
From $9.1 billion in 2019, the global on-demand logistics market value is aet to surpass $75.0 billion by 2030, witnessing a CAGR of 21.1% between 2020 and 2030.
The current model of vehicle parking is no longer able to handle the increasing demand for parking the vehicles efficiently. The demand for updated parking solution can be addressed with automated valet parking (AVP) technology or driverless parking, without increasing the space allocated for the parking lot.
Automotive simulation refers to the use of simulation software in prototyping and model testing of a vehicle to ensure complete functionality of the vehicle. The global automotive simulation market is expected to register significant growth during the forecast period (2020–2030).
The automotive industry is witnessing major technical shift in the recent years. Customer preference is shifting toward seamless connectivity and convenient driving experience, which are contributing to the growth of the global IoT in automotive market.
The global usage-based insurance market is projected to grow significantly during the forecast period (2020–2030). Usage-based insurance is a type of vehicle insurance, which leverages in-vehicle communication systems to track driving behavior and vehicle mileage.
The global scooter sharing market was valued at $99.8 million in 2018, which is expected to reach $553.0 million by 2025, witnessing a CAGR of 24.4% during 2019–2025.
The ride-hailing market size was $50.4 billion in 2018, and it is expected to reach $120.2 billion by 2024, progressing at a CAGR of 13.0% during 2019–2024.
The car rental market revenue stood at $78.7 billion in 2018, and it is projected to reach $122.6 billion by 2024, witnessing a CAGR of 7.9% during 2019–2024.
The global carsharing market is estimated to value $5,571.2 million in 2018 and is expected to advance at a CAGR of 11.0% during the forecast period. The market growth can be mainly attributed to advancements in technology facilitating simplified access to shared mobility services.
The European electric two-wheeler sharing market is expected to reach $597.2 million by 2025, growing at a CAGR of 35.0% during the forecast period. Increasing technological advancement in sharing services, rising concerns over emissions of greenhouse gas, massive urban road congestion, and greater convenience in using sharing vehicles are the major drivers boosting the growth of the market.
The global automotive 3D printing market is expected to observe an extensive growth in the coming years, due to factors such as reduction in lead time in production, low operational cost, design flexibility, proficient use of raw materials, and ease of customization.
The global automotive diagnostic scan tools market is projected to witness notable growth during the forecast period on account of the rapidly growing vehicle industry, implementation of stringent emission norms by the government, and increasing complexity of automotive electronics, especially in connected cars.
Growing demand for enhanced sales tracking, better inventory management, improved customer relationship management (CRM), and easier commission and insurance calculation, in addition to technological advancements in dealer management systems (including data analytics and marketing tools) is expected to drive the global automotive dealer management system market in the coming years.
The global automotive blockchain market is projected to grow at a considerable rate during the forecast period. This can be mainly attributed to the benefits offered by the blockchain technology in the automotive industry, such as real-time monitoring, auditability, and scalability of information. The application of blockchain in various automotive functional areas is on the rise, as automotive original equipment manufacturers (OEMs) continue to invest in the technology to uncover its potential in the industry.
The North American electric two-wheeler sharing market is projected to grow considerably in the coming years, owing to growing demand for quick and affordable last-mile connectivity, ease of availability, improvements in the energy storage systems, and significant technological advancements needed for efficient fleet management and vehicle sharing systems.
German automotive digital services market is estimated at $2,168.6 million in 2017, witnessing a CAGR of 19.3% during the forecast period. Significant growth in advanced driver assistance systems (ADAS) and mobility-on-demand services has benefited the market till now and increasing penetration of these services would continue to benefit the industry during the forecast period.