The global automotive LiDAR sensors market is expected to reach at US$ 919.6 Mn with a CAGR of 19.87% during the forecast period from 2019 to 2027. Automotive LiDAR sensors are used in semi-autonomous and autonomous vehicles to enhance their navigation capability. LiDAR is a sensing method which creates a 3D map of the surrounding by detecting people and objects around the vehicle. It assesses the speed and route at which these objects are moving. Using this information, an on-board computer system can determine the safest way for vehicle to move forward.

The global automotive hypervisor market is expected to grow at a CAGR of 17.3% during the forecast period from 2019 to 2027. Hypervisor is a software that provides virtual representation of hardware components in an autonomous and semi-autonomous vehicle. It is used for establishing seamless communication between hardware and virtual machine which helps in controlling the vehicle in an efficient manner. Continuous advancements and growing demand for automotive technologies such as autonomous driving mode, vehicle telematics, etc.

The global automotive glass market was valued at US$ 14.70 Bn in 2018 and is anticipated to grow to US$ 25.22 Bn growing at a CAGR of 6.3% throughout the forecast period from 2019 to 2027. Despite the challenging environment, the automotive market posted modest growth during 2018-19. According to report published by International Organization of Motor Vehicle Manufacturers (OICA) the global sales of automotive vehicle was 95,055,937 units globally. Thus driving the growth of the automotive glass market. Factors including rapid development of infrastructure, and support from fiscal stimuli among other are further fueling the market growth. 

Globally, the automotive gas charged shock absorbers market was valued at US$ 3.06 Bn in 2018 growing with a CAGR of 6.0% during the forecast period from 2019 to 2027, starting from 2018. Automotive gas charged shock absorbers are defined a sort of hydraulic pump devices, which are used in vehicles to control the effect and rebound movement of vehicle's springs and suspension. These devices or equipment absorbs damp shock impulses leading to increase the drivers comfort and offer seamless controllability.

The automotive fog lights market worldwide is expected to grow with a CAGR of 9.7% during the forecast period from 2019 to 2027, starting from US$ 667.0 Mn in 2018. Automotive fog lights is useful in different climatic conditions such as during fog or heavy rains and low light conditions. There are different types of fog lights available in the market such as LED, halogen and HID, with LED rapidly emerging as the most popular type on account of sleek design, long lifetime and more brightness.

The global automotive engineering services outsourcing market was valued US$ 43.13 Bn in 2018 and is expected register growth at 8.3% CAGR during the forecast period from 2019 to 2027. Asia Pacific represents the most lucrative business destination for automotive engineering service providers. There exists sound investment & growth opportunities in markets including India, China, and South-east Asia. The prevailing growth opportunity in these economies is reflective of the huge automotive market.

The global automotive electronics market was valued at US$ 273.23 Bn in 2018 and expected to witness a notable growth, expanding at CAGR of 6.98% during the forecast period from 2019 to 2027. Automotive electronics are specially-designed electronic systems employed in vehicles that includes ignition system, engine management system, entertainment systems in vehicle, carputers and telematics among others. Automotive electronics is capable of withstanding more extreme working temperatures as compared to commercial electronics.

The global automotive camshafts market accounted for US$ 668.22 Mn in 2018 and is anticipated to grow to US$ 1,002.41 Mn expanding at a CAGR of 5.2% during the forecast period from 2019 to 2027. In volume terms, the market registered sales of 173.01 Mn Units in 2018 and is estimated to reach 233.15 Mn Units by 2027 growing at a CAGR 3.8% during the forecast period.

The global automotive cabin air quality sensors market is poised to reach US$ 572.0 Mn by 2027, expanding at a CAGR of 10.2% during the forecast period from 2019 to 2027. Growing exposure to hazardous amount of pollution, increasing number of passenger cars and electric vehicles, adoption of new technology such as autonomous vehicles by automakers is expected to drive the market for global automotive cabin air quality sensors.

The global automotive battery management system market is poised to reach US$ 10.46 Bn by 2027, expanding at a CAGR of 14.2% during the forecast period from 2019 to 2027. An increasing number of electric mobility, technological advancement with substantial cost cut, government policy supports and awareness towards environmental concerns is expected to drive the market for the global automotive battery management system market.

The global automatic tire inflation system market is expected to reach at US$ 2283 Mn with a CAGR of 11.54% during the forecast period from 2019 to 2027. Automatic tire inflation system (ATIS) is used to maintain appropriate air pressure on each tire of a vehicle. An underinflated tire pressure can be dangerous for personal as well as for the vehicle. If the air pressure is low, larger surface of tire touches the road, which thereby increases tire friction.

The global automatic coffee machines market accounted for US$ 2.82 Bn in 2018 and is anticipated to grow to US$ 4.21 Bn in 2027, growing at a CAGR of 4.6% throughout the forecast period from 2019 to 2027. Coffee has been one of the most highly consumed drinks across the globe. Drinking coffee has various health related benefits such as lower risk of Parkinson’s disease and liver cancer among others. Manufacturers are progressively focusing on development of automated machines that helps in quick preparation of food products.

The global automated fingerprint identification systems market is growing competently, expected to grow at a CAGR of 16.5% and is projected to reach 17.34 Bn by 2027. Increasing adoption towards authentication and recognition systems, growing concern towards securely transaction systems, growing application for digital identification process, and development of advanced authenticated security systems is projected to ensure a continued growth for automated fingerprint identification system in the years to come. 

The global audiological devices market accounted for US$ 9,934.9 Mn in 2018 and is anticipated to grow to US$ 16,007.8 Mn growing at a CAGR of 5.5% throughout the forecast period from 2019 to 2027. In 2018, in terms of volume market register sales of 15.80 Mn units and anticipated to reach 25.95 Mn Units expanding at a CAGR of 5.7%.

Globally, the audio communication monitoring market is expected to grow with a CAGR of 16.1% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$1.50 Bn. Audio communications monitoring is defined as reviewing or analyzing the telephonic conversations and transactions, either manually or automatically, various regulated companies perform this monitoring. The audio communication monitoring technology is used by various industries especially by the BFSI industry to extract business intelligence data and make a strategic decision for the firm.

Globally, the asset tracking and inventory management solutions market is expected to grow with a CAGR of 14.6% during the forecast period from 2019 to 2027 and is expected to reach a market value of US$43.60 Bn by 2027. Asset tracking and inventory management solutions are used for managing various inventories and tracking. These solutions offer various information related to the product, their quantities, when and where they were used or sold and placed.

The global aseptic packaging market is increasing substantially, projected to expand at CAGR of 11.3% during the estimated period from 2019 to 2027, starting from US$ 42.93 Bn in 2018. The global aseptic packaging market volume is growing significantly, anticipated to expand at CAGR of 5.5% throughout the projected period from 2019 to 2027, starting from 355 Bn units in 2018.

Globally, the anti-collision sensors market is expected to grow with a CAGR of more than 22.3% during the forecast period from 2019 to 2027, starting from US$5.5 Bn in 2018. Growing demand for passenger safety is driving the growth of anti-collision sensors market worldwide. The rapidly developing automotive industry has led to the growth of fuel-efficient and safe vehicles. The anti-collision sensors play an import role to provide additional safety features to the vehicles. It also helps to reduce the mortality caused by vehicle incidences.

The anaplastic lymphoma kinase (ALK) inhibitors market is set to reach from US$ 1,496.4 Mn in 2018 to 8,329.1 Mn by 2027 keen to demonstrate exuberating growth at a compounded annual growth rate (CAGR) of 21.2% during the forecast period from 2019 to 2027. Lung cancer is the second most occurring type of cancer in both men and women population worldwide. Increased consumption of tobacco, unhealthy lifestyle and stress are the major risk factor responsible for the occurrence of lung cancer. A strong drug pipeline of second and third-generation ALK inhibitors being currently studied in various stages of clinical trials are being developed specifically for the treatment of non small cell lung cancer (NSCLC).

Globally, the analog phase shifter market is expected to grow with a CAGR of 48.3% during the forecast period from 2019 to 2027. The market growth is driven by escalating efforts towards commercialization of the 5G technology by carrier providers. The telecom companies have invested heftily in 5G infrastructure. In 2018, the overall investment in the 5G infrastructure was assessed to be approximately US$ 550 million and it is further projected to grow with the triple-digit growth rate over the next five years. The investment is mainly driven by supportive government initiatives and policies for the development of the telecom infrastructure. The analog phase shifters are widely used across the telecom sector for the beamforming and to in phased array antennas. These applications are augmenting the demand for the analog phase shifters across the globe.