Global Market for Automotive Electronics to reach US$243.7 billion by 2015

By Swapna Reddy -
30 Nov, 2009 – IndustryExperts, a multi industry focused market research firm, announced the release of its new market research report ‘Global Automotive Electronics with Special Focus on OEMs Market’.

The report highlights the current market conditions, future growth trends, key market players etc. According to the new report the global market for automotive electronics is projected to reach US$243.7 billion by 2015, registering a CAGR of 6.4% during the period 2006-2015.

The report analyses the global and regional markets by all major product segments of automotive electronics.

For more details, please visit http://industry-experts.com/research-estore/automotive/automotive-electronics/

About IndustryExperts
Industry Experts is a multi industry focused market research company which provides an in depth market research reports in all major industry verticals including automobile, Healthcare, Food & Beverage, Chemicals & Plastics, Biotechnology, Consumer Goods and Other. The company also provides customized research reports to cater the needs of the industry.

Comments

Post a Comment

Popular posts from this blog

Market for Battery Energy Storage Systems (BESS) to Grow by a Whopping 21% through 2030, Bolstered by Increasing Energy Demand and Transition to Clean Energy Sources

By -
Image
Industry Experts, Inc., has released its latest report on the Battery Energy Storage Systems (BESS) market . As per this global report, the market for BESS is estimated at US$13.7 billion in 2024 and projected to reach US$43.4 billion by 2030 at a 2024-2030 CAGR of 21.3%. Some of the factors instrumental in driving demand for Battery Energy Storage Systems include transition to clean energy, decreasing costs of batteries, increasing energy demand & grid strain, government initiatives & policies, enhanced grid reliability & resilience, technological advancements, growing adoption of electric vehicles (EVs), demand for energy independence & cost savings and rural electrification & off-grid solutions In addition to being the largest global market for Battery Energy Storage Systems , with an estimated 2024 share of 42.2%, Asia-Pacific is also slated to be the fastest growing, forecast to reflect a 2024-2030 compounded annual rate of 36.1%. A major factor ...
Read more

Shift Towards Sustainable Materials and Carbon Neutrality Drives the Demand for Glass Fiber Reinforcements, Expected to Reach 8.4 million metric tons by 2030

By -
Image
A new report from Industry Experts Inc, on " Glass Fiber Market ," reveals that the global demand for glass fibers is projected to reach 8.4 million metric tons by 2030, growing at a CAGR of 4.7% between 2024 and 2030. In value terms, the market is expected to reach US$12.3 billion by 2030. The year 2023 marked an exceptionally challenging period for the global glass fiber and composites industry. Slower-than-expected demand growth across major application areas, compounded by the effects of earlier overexpansion, especially in China, caused inventory levels to spike. Smaller manufacturers, under financial strain, initiated aggressive price reductions, driving prices of standard products like direct yarn to historic lows. The glass fiber industry demonstrates both cyclical and growth characteristics. Traditional sectors like construction and industrial equipment show cyclic behavior, while emerging applications such as lightweight vehicles, 5G infrastructure, win...
Read more

Global Market for Molecular Diagnostics is Projected to Touch $32 billion by 2030 Driven by Demand for Early Detection of Disease and Need for Personalized Treatment

By -
Image
A new report from Industry Experts, Inc. on " Molecular Diagnostics Market " is introduced. According the report, the market is poised for a robust expansion over the 2024-2030 forecast period, with a projected CAGR of 10% in value. The market is expected to reach about US$32 billion by 2030, up from an estimated US$18 billion in 2024. The molecular diagnostics market is growing rapidly, driven by a growing need for faster and more accurate disease detection. With the increasing number of infectious diseases like HIV, tuberculosis, and respiratory infections, healthcare providers rely on molecular tests to quickly identify pathogens and guide treatment. Cancer diagnostics is another major driver, as these tests help detect genetic mutations like BRCA1/2, EGFR, and KRAS, allowing doctors to create personalized treatment plans. Progress in PCR, Next-Generation Sequencing (NGS), and DNA Microarrays made testing more accurate, inexpensive, and widely available. Gove...
Read more