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The automotive camera market is undergoing rapid transformation, fueled by the global push for smarter, safer, and increasingly autonomous vehicles. According to MarketsandMarkets, the market size is projected to surge from USD 8.38 billion in 2025 to USD 15.03 billion by 2032, reflecting a robust CAGR of 8.7%
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The global construction equipment market size was valued at USD 148.02 billion in 2024 and is expected to reach USD 186.62 billion by 2030, at a CAGR of 3.9%, during the forecast period 2024-2030. Construction equipment includes heavy machinery designed to perform specific tasks related to construction or demolition. It may be transportable, semi-permanent, or permanent and is primarily used for earthmoving, lifting materials, drilling...
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The automotive paints market is projected to grow from USD 8.4 billion in 2023 to USD 9.9 billion by 2028, at a CAGR of 3.2%. The key factors driving the automotive paints is increase in production of passenger cars, EVS and increase in sales of SUVs is driving. Also, there is increase in adoption for powder coating and water-borne coating technologies in automotive sector to reduce the environmental impact. Hence these factors is...
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The level 3 autonomous vehicle market is projected to grow from 291 thousand units in 2025 to 8.7 million units by 2035 at a CAGR of 40.5%. Level 3 autonomy is a crucial step toward true autonomous vehicles as it requires balancing regulatory norms and advanced sensing technologies for reliable advanced features. Industry experts say the sensing, computing, and software technologies available today can achieve autonomous driving. However,...