Automation

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global autonomous emergency braking system (AEBS) market size at USD 5.03 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global   autonomous emergency braking system (AEBS) market   size to grow at a robust CAGR of 24.06% reaching a value of USD 22.48 billion by 2029. Major growth drivers for the global autonomous emergency braking system (AEBS) market include an increasing demand for advanced safety features in vehicles, high disposable income, and growing sales of passenger and commercial vehicles. AEBS is an advanced safety feature that uses sensors and cameras to detect potential collisions and automatically applies the brakes to prevent or mitigate the impact. The market is further driven by rising concerns over road safety and government regulations mandating the use of advanced safety features in vehicles. The...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global intelligent transportation system market size at USD 35.25 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global   intelligent transportation system market   size to grow at a significant CAGR of 7.52% reaching a value of USD 57.61 billion by 2029. Major growth factors of the global intelligent transportation system market include an increasing demand for efficient and sustainable transportation systems. It has led to a growing need for advanced technologies, such as traffic control systems, modern cameras, license plate readers, and smart vehicles connected to the latest telecommunications technology. It aims to enhance safety and surveillance. Another key factor expected to propel market growth is the rising number of vehicles, coupled with outdated infrastructure and inadequate traffic data management. To address t...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global   automotive glass market   size at USD 22.47 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global automotive glass market size to grow at a significant CAGR of 5.28% reaching a value of USD 30.5 billion by 2029. Major growth drivers for global automotive glass market include an increasing demand for vehicles worldwide and growing consumer preference for safety and comfort features in vehicles, and the rise in demand for electric and hybrid vehicles. Automotive glass refers to the glass components of a vehicle, including windshields, side windows, rear windows, and sunroofs. These components are important for the structural integrity and safety of the vehicle, as well as for the comfort and convenience of the driver and passengers. Also, the growing trend towards lightweight and fuel-efficient vehicles has also contr...