GST-led recovery sustains momentum; West Asia crisis may impact exports and margins India’s commercial vehicle (CV) industry is expected to reach a record volume of approximately 12.4 lakh units in fiscal 2027, surpassing the previous peak seen in fiscal 2019. This follows a strong rebound of 13% in fiscal 2026. However, on a higher base, […]
Market Outlook
Dashcams Get Smarter as Safety, Data and Fleets Drive the Next Growth Wave
According to MarketsandMarkets, the dashcam market is projected to grow from $ 4.40 billion in 2026 to $ 6.55 billion by 2033, at a CAGR of 5.8%. The small camera on your windshield is no longer just a silent witness. It is fast becoming a thinking, connected safety companion—one that is quietly reshaping how drivers, […]
EV Adoption in India Hits 8.5% in FY2025–26 Amid 24% Growth
India’s electric vehicle (EV) market delivered another strong year in FY2025–26, with total registrations surpassing 25 lakh units – a 24% year-on-year increase. EV penetration reached approximately 8.5% of total registrations, up from 7.7% in the previous financial year. While this reflects a steady strengthening of EV adoption, the market still remains short of the […]
Automotive Lighting Enters Smart Era as Market Heads Towards $79 Billion Mark
As vehicles become more connected, autonomous and electrified, lighting will evolve into an intelligent, interactive system—playing a much bigger role than ever imagined in shaping the future of mobility. The automotive lighting market is quietly undergoing a transformation, moving far beyond its traditional role of simply illuminating the road. Today, lighting is becoming a key […]
Luxury Car Market Set to Double by 2036, Signalling a New Era of Transformation
Nearly $26 billion in new opportunity is emerging, fuelled by innovation in products, technology and customer engagement. The global luxury car market is entering a new phase—one where tradition is no longer enough. For decades, luxury cars were defined by brand legacy, craftsmanship and performance. But today, that definition is evolving. Technology, electrification and changing […]
E-Mobility Push to Drive BMS Market to $24.9 Bn by 2033
With larger batteries and faster charging becoming common, the need for advanced monitoring and control – Battery Management System – has become even more critical. The electric vehicle story is often told through sleek designs, longer driving ranges and faster charging times. But behind all of this, there is a silent system working every second […]







