The automotive software market is projected to more than double in size from $31 billion in 2019 to roughly $80 billion in 2030—a CAGR of more than 9 percent. ADAS and AD software will account for much of this growth and make up almost half the software market by 2030. Timing also plays a role: the development of software for higher-level.. The U.S. automotive aftermarket industry size was estimated at USD 205.81 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. Increasing need for timely maintenance of vehicles and parts has created significant traction in market sales. The automotive aftermarket is driven by stringent.

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The North America Automotive Market size is estimated at USD 0.99 trillion in 2024, and is expected to reach USD 1.29 trillion by 2029, growing at a CAGR of 5.43% during the forecast period (2024-2029).. The North American automotive industry outlook covers the growing demand for passenger cars, commercial vehicles, and two-wheelers in the.. July 2021. The briefing examines how automotive industry performs globally and in the largest countries in terms of automotive output. The report also provides data for production, market size, imports, exports, industry's costs, industry's profitability and nu. Read More. USD 1,325.