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Automotive Technologies Market to grow by USD 263.5 Billion (2025-2029), driven by rising adoption of ADAS features in vehicles, AI redefining market landscape – Technavio

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NEW YORK, Jan. 28, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global automotive technologies market size is estimated to grow by USD 263.5 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  13.2%  during the forecast period. Rising adoption of ADAS features in vehicles is driving market growth, with a trend towards increasing developments in semi-autonomous and autonomous vehicles. However, lack of standard protocols in automotive sector  poses a challenge.  Key market players include Advanced Micro Devices Inc., Airbiquity Inc., BlackBerry Ltd., Continental AG, HELLA GmbH and Co. KGaA, Hitachi Ltd., Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Renesas Electronics Corp., Robert Bosch GmbH, SONA BLW Precision Forgings Ltd., thyssenkrupp AG, Visteon Corp., Wipro Ltd., and ZF Friedrichshafen AG.

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Automotive Technologies Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 13.2%

Market growth 2025-2029

USD 263.5 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.4

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 51%

Key countries

China, US, South Korea, Germany, and Japan

Key companies profiled

Advanced Micro Devices Inc., Airbiquity Inc., BlackBerry Ltd., Continental AG, HELLA GmbH and Co. KGaA, Hitachi Ltd., Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Renesas Electronics Corp., Robert Bosch GmbH, SONA BLW Precision Forgings Ltd., thyssenkrupp AG, Visteon Corp., Wipro Ltd., and ZF Friedrichshafen AG

Market Driver

The automotive technologies market is experiencing significant growth with trends like luxury vehicles, autonomous vehicles, and semi-autonomous vehicles leading the way. Technology providers are integrating mobile phone features, remote diagnostics, and advanced head-up displays into vehicles. Vehicle intelligence systems, night vision, and electronic systems are becoming standard features for vehicle owners. Automotive software development is utilizing machine learning, robotics, computer vision, and deep learning to enhance in-vehicle infotainment (IVI) and improve driving safety. Connected cars, electric vehicles, and driverless cars are revolutionizing the industry with 5G connectivity, augmented reality (AR), and virtual reality (VR). Sensors, ADAS, and telematics systems are crucial components for connected vehicles, enabling real-time monitoring, fault detection, and failure prediction. Autonomous driving features like voice commands, artificial intelligence (AI), natural language processing, and cybersecurity threats are also gaining popularity. The automotive aftermarket is embracing 3D printing automotive, sensor fusion, foresight technology, and cloud services to enhance vehicle reliability and reduce downtime. 

Autonomous vehicles, also referred to as self-driving cars, utilize advanced technologies such as computers, the internet, and smartphones to read and sense the environment, enabling minimal or no human intervention during operation. Rapid advancements in sensor-processing technologies, high-definition mapping, and adaptive algorithms, along with infrastructure-to-vehicle and vehicle-to-vehicle communication, are fueling the expansion of production capacities for several companies. This integration of automation and connectivity is expected to decrease vehicle operating costs, enhance travel convenience and comfort, and encourage longer commutes. 

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Market Challenges

The automotive technologies market is experiencing significant growth with luxury vehicles, autonomous vehicles, and semi-autonomous vehicles leading the way. Technology providers are focusing on developing advanced head-up displays, vehicle intelligence systems, night vision, electronic systems, and more. Mobile phone features, such as voice commands and mobile apps, are becoming essential in-vehicle infotainment (IVI) systems. The automotive aftermarket is embracing remote diagnostics, 3D printing automotive, and advanced sensors for vehicle maintenance. Machine learning, robotics, computer vision, and deep learning are revolutionizing automotive software development. Autonomous driving, car sharing, and connected cars are the future, with 5G connectivity and augmented reality (AR) enhancing the driving experience. However, challenges remain, including cybersecurity threats, vehicle downtime, and accidents prevention. Telematics systems, sensor fusion, and foresight technology are crucial for driving safety. Vehicle owners demand reliable and efficient vehicles, and technology providers must focus on fault detection, failure prediction, anomaly identification, and early warnings to meet their needs. The future of the automotive technologies market lies in the integration of artificial intelligence (AI), machine learning (ML), advanced driver-assistance systems (ADAS), and self-driving cars. Smart sensors, connected homes, cloud services, and EVs are also transforming the industry. The key to success is staying ahead of the curve and addressing the needs of vehicle owners while ensuring safety and reliability.In the automotive industry, the absence of uniform production standards poses significant challenges. Numerous regulations impact both new and existing automotive technologies, affecting engineers and designers’ creativity. These regulations prioritize driver and passenger safety, as well as reducing thefts and minimizing environmental impact. Each country or region sets its own regulations, requiring car manufacturers to adapt their production processes to distribute products globally. This results in financial losses due to the need to establish different assembly units to comply with varying protocols.

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Segment Overview 

This automotive technologies market report extensively covers market segmentation by  

End-user 1.1 Passenger cars1.2 Commercial vehiclesComponent 2.1 Hardware2.2 Software2.3 ServicesGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Passenger cars-  The passenger cars segment is the largest in the automotive industry, with 61.6 million units manufactured worldwide in 2022, according to OICA data. Driven by emission, fuel efficiency, and safety regulations, as well as cost reduction pressures, technological advancements continue to shape this sector. APAC dominates global passenger car sales and production, with key countries like India, China, and Indonesia leading the way. This growth in passenger vehicle production and sales is fueling the demand for automotive technologies, contributing to market expansion during the forecast period.

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Research Analysis

The automotive technologies market is experiencing rapid growth as luxury vehicle manufacturers and technology providers integrate advanced features to enhance the driving experience. Autonomous and semi-autonomous vehicles are leading the charge, utilizing machine learning, robotics, computer vision, and deep learning to navigate roads and respond to various conditions. Mobile phone features are also being integrated into vehicles through connected car technology, allowing for seamless communication and entertainment. The automotive aftermarket is adapting to these advancements, offering software development services to help vehicle owners customize and optimize their vehicles’ technology. Automotive technology trends include foresight technology, sensor fusion, and cybersecurity measures to protect against increasing threats. Overall, the future of the automotive industry is one of innovation and integration, with artificial intelligence and machine learning playing a significant role.

Market Research Overview

The automotive technologies market is experiencing rapid growth as luxury vehicles integrate advanced features to enhance the driving experience. Autonomous and semi-autonomous vehicles are leading the charge, utilizing technology providers’ offerings in mobile phone features, automotive aftermarket solutions, remote diagnostics, and more. These vehicles incorporate machine learning, robotics, computer vision, and deep learning for vehicle intelligence systems, night vision, and electronic systems. Vehicle owners benefit from automotive software development, mobile technology, and mobile apps for interconnectivity, autonomous driving, car sharing, voice commands, and artificial intelligence. Connected cars, electric vehicles, and driverless cars are revolutionizing transportation with 5G connectivity, augmented reality, and virtual reality. Sensor technology, including smart sensors, plays a crucial role in vehicle operation, driving safety, and accident prevention. Telematics systems, sensor fusion, and foresight technology enable vehicle downtime reduction, fault detection, failure prediction, anomaly identification, and early warnings. However, with these advancements come cybersecurity threats, requiring monitoring systems and cloud services to ensure vehicle reliability and security.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userPassenger CarsCommercial VehiclesComponentHardwareSoftwareServicesGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Raytron Industrial Launches TN660 and TN463 Thermal Cameras for Dynamic Testing and Continuous Condition Monitoring

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YANTAI, China, Oct. 22, 2026 /PRNewswire/ — Raytron Industrial today announced the launch of two new products: the TN660 High Frame Rate Fixed-Mount Thermal Camera and the TN463 Fixed-Mount Thermal Camera. Both offer 640 × 512 imaging with synchronized image and temperature data. The TN660 delivers full-frame 120 Hz acquisition for moving targets and transient thermal processes, while the TN463 provides 60 Hz imaging for routine inline inspection and continuous equipment monitoring.

Full-Resolution Imaging for Different Process Speeds

Featuring a 12 μm uncooled VOx detector, the TN660 achieves 120 Hz at its native resolution without windowing, preserving spatial detail and scene coverage. Frames are approximately 8.33 ms apart, helping engineers examine rapid heating, cooling, and short-duration thermal events in research, industrial automation, and transportation applications.

The TN463 uses the same detector resolution and pixel pitch. Its 60 Hz output supports routine production cycles and long-term temperature trend analysis. To accommodate different installation requirements, the TN463 offers 6.9 mm, 9.1 mm, 19 mm, and 25 mm lenses, while the TN660 is available with 9.1 mm and 25 mm lenses.

From Event-Triggered Capture to Synchronized Analysis

Both cameras support hardware and software triggering to coordinate acquisition with equipment actions. An external signal through the I/O (input/output) interface can initiate capture at a defined process stage. For example, a heat-press start signal can trigger the TN660 to record the thermal sequence, reducing unnecessary recording and review work.

Synchronized output pairs temperature readings with corresponding thermal images. Raytron Industrial’s TI Studio software supports simultaneous preview and analysis of up to four cameras, with temperature and temperature-rise alarms to flag abnormal conditions. Engineers can review recordings, examine and export historical temperature curves, and generate reports, linking equipment events with thermal data for further analysis.

Temperature Measurement and System Integration

Both models measure temperatures from −20°C to 150°C and 100°C to 650°C, with an accuracy of ±2°C or ±2% of the reading, whichever is greater. Ethernet and USB connectivity support data acquisition, while compatibility with industrial protocols such as Modbus TCP allows temperature data to be incorporated into existing control and monitoring systems.

With a choice of 60 Hz and 120 Hz imaging, the TN463 and TN660 allow users to match thermal acquisition to their process requirements, from continuous equipment monitoring to dynamic testing.

For Further Information

Email: sales@raythink-tech.com
Website: https://www.raythink-tech.com/

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4SiGHT Supply Chain Group Welcomes Joanne Strong as Senior Vice President, Delivery Excellence and Innovation

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Industry-recognized WMS leader and AI-driven delivery innovator joins 4SiGHT to lead delivery as one of North America’s largest dedicated Manhattan Active® implementation partners accelerates its growth

WAYNE, N.J., Oct. 22, 2026 /PRNewswire-PRWeb/ — 4SiGHT Supply Chain Group, one of North America’s largest dedicated Manhattan Associates implementation partners, today announced the appointment of Joanne Strong as Senior Vice President of Delivery Excellence and Innovation. Strong joins the executive leadership team and will lead all client delivery across the firm.

4SiGHT has built something rare in its 18 years of operations: deep Manhattan expertise, exceptional talent, industry reputation, singular focus on Manhattan Associates, and a culture that puts client success at the center of everything it does.

The appointment comes during a year of rapid growth for 4SiGHT. Now in its 18th year, the firm has grown to more than 70 full-time associates in 2026 and continues to add Manhattan Active® talent across its warehouse, labor, transportation, and organizational change management practices. Strong’s newly created role is dedicated to ensuring that this growth is matched by an uncompromising standard of quality across every engagement.

“Delivery is our product. Every go-live, every client reference, and every renewal comes down to how well we execute,” said Frank Camean, President and CEO of 4SiGHT. “As 4SiGHT scales, we made a deliberate decision to put a senior executive in charge of one thing: the quality, consistency, and continuous improvement of how we deliver for our clients. Joanne has built and led delivery organizations at real scale, she knows the Manhattan Associates platform from the inside, and she has a proven record of innovation to make implementations faster and more predictable. Joanne is exactly the leader our clients deserve as we enter our next chapter. We are all honored and excited to have her join the team and can’t wait to see what the future brings.”

Strong brings more than a decade of experience with Manhattan Associates and enterprise warehouse management. She most recently served as WMS Practice Lead, directing a multimillion-dollar WMS practice that delivered supply chain transformation programs for Fortune 500 companies in retail, consumer products, and life sciences.

A recognized voice in the supply chain industry, Strong delivered keynote addresses at the 2025 Stratify Executive Forum and at Parcel Forum 2026, has been a featured panelist at MODEX, and has appeared on The New Warehouse and Bloomberg’s Talking Transports podcasts. She holds a B.B.A. in Management Information Systems from the University of Georgia’s Terry College of Business.

“4SiGHT has built something rare in its 18 years of operations: deep Manhattan expertise, exceptional talent, industry reputation, singular focus on Manhattan Associates, and a culture that puts client success at the center of everything it does,” said Strong. “The depth of Manhattan knowledge and real-world implementation experience across the organization is truly unique in the industry. My focus is on elevating an already outstanding client experience by combining that expertise with proven delivery practices, innovative methodologies, implementation accelerators, AI-enabled tools and capabilities. We have an incredible opportunity to help clients achieve faster outcomes, greater confidence in execution, and long-term business value. I’m honored to join the team at such a pivotal moment in its growth and excited for what we will accomplish together.”

About 4SiGHT Supply Chain Group

4SiGHT specializes in supply chain software implementations, with a primary focus on the Manhattan Associates product suite of applications. Our seasoned professionals average more than 19 years of experience helping companies across all industries solve their distribution, fulfillment, and transportation challenges. Together with our strategic partners, our collective team includes more than 100 associates. No other firm in North America brings this depth of Manhattan Active® expertise, and we look forward to expanding our team with additional talent in the months ahead. As a testament to the value our clients place on our expertise, experience, and integrity, 4SiGHT has received multiple industry awards. For more information, please visit 4sight.com or email us at in4mation@4sight.com.

Media Contact

Jenae Cahanes, 4SiGHT Supply Chain Group, 1 9734350025, jenae.cahanes@4sight.com, 4sight.com

LinkedIn

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UL Research Institutes Releases New Report Defining Roadmap for Next-Generation Wildfire Risk Intelligence

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New findings identify critical gaps and opportunities in wildfire risk modeling to strengthen community protection

COLUMBIA, Md., Oct. 22, 2026 /PRNewswire/ — As destructive wildfires increasingly threaten communities across the globe, a new report from UL Research Institutes’ Fire Safety Research Institute examines the strengths and limitations of current wildfire risk models and provides a roadmap for more comprehensive wildfire risk intelligence.

“Wildfire Risk Modeling Evaluation Findings and Community Perspectives” details findings from the 2026 Wildfire Risk Modeling Exercise, a first-of-its-kind collaborative effort that evaluated a diverse set of wildfire risk models using common scenarios and datasets. The exercise included approximately 20 organizations across academia, government, national laboratories, nonprofits, and the private sector.

For fire service leaders, emergency managers, and public safety officials, the report provides a practical framework for evaluating which modeling capabilities are best suited to specific community needs and decisions. Applied effectively, these tools can help practitioners identify where risk is greatest, prioritize mitigation investments, strengthen evacuation and preparedness planning, and make more informed decisions before, during, and after a wildfire.

“The Wildfire Risk Modeling Exercise was a convergent test and evaluation of the diverse models available to characterize wildfire risk today. These results revealed broader insights about the state of the science, prioritized gaps, and the investments needed to advance wildfire risk intelligence,” said Rebecca Harned, principal research scientist for Fire Safety Research Institute and the report’s lead author. “The findings provide a critical foundation for shaping the next decade of research, innovation, and operational capability. This report also serves as an important resource for local and state fire service and public safety agencies, providing an evidence-based framework for selecting wildfire risk modeling capabilities and applying them effectively to assess and manage community risk.”

Key Findings From the Wildfire Risk Modeling Exercise

The results from the exercise demonstrate that no single model can capture the full complexity of wildfire risk, nor should one be expected to. Instead, the report identifies an opportunity to build a new generation of wildfire risk intelligence by connecting complementary models, datasets, and scientific approaches. Doing so can help close critical gaps between modeling wildfire hazard and understanding what ultimately matters to communities — which people, property, and assets are at risk, why they are vulnerable, what the consequences could be, and which actions can most effectively reduce those risks.

To realize that vision, the report recommends building an interoperable modeling ecosystem spanning the full wildfire risk assessment pathway, from ignition and landscape fire spread through structure exposure, community impacts, and economic consequences. It also calls for stronger shared core data and standards, improved transparency and explainability, expanded decision-support tools, and greater use of ensemble modeling. Together, these advances could transform wildfire modeling from a collection of specialized capabilities into an integrated risk intelligence framework that better supports decisions before, during, and after wildfire events.

About the Fire Safety Research Institute

UL Research Institutes’ Fire Safety Research Institute advances fire science and fire safety knowledge to reduce risk, save lives, and protect property. We conduct rigorous research, outreach, and education in collaboration with the fire service, fire safety professionals, policymakers, communities, and an international network of partners. Together, we develop tools, resources, and strategies that improve fire safety outcomes worldwide. To learn more, visit fsri.org. Follow Fire Safety Research Institute on Instagram, Facebook, and LinkedIn.

About UL Research Institutes

UL Research Institutes is a nonprofit research organization dedicated to advancing public safety through scientific discovery. Since 1894, our research has advanced our mission toward a safer, more secure, and sustainable future. Focused on global risks from fire mitigation and air quality to safe energy storage and digital privacy, we conduct rigorous independent research, analyze safety data, and partner with experts to uncover and act on existing and emerging risks to human safety. Discover more at UL.org.

About the Exercise

The 2026 Wildfire Risk Modeling Exercise was designed as an open, collaborative and non-competitive effort. Each model submission was evaluated by multiple reviewers through two complementary evaluation streams: science and technical evaluation and user and practitioner evaluation. Participating organizations applied their models to standardized scenarios representing wildland, wildland-urban interface, and urban environments, with results evaluated by scientific experts and operational practitioners. The exercise was designed not to rank models, but to identify their strengths, limitations, and opportunities for integration.

For more information and to read the full report, visit FSRI.org.

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