Press Releases from Automotive Industry (299 total)
Automotive Transceivers Market 2018 By Top Regional Manufacturers Analog Devices …
Automotive Transceivers Market will grow at a CAGR of over 6.5 with USD 7 billion by 2024. The global shipments are expected to reach over 7 billion units by 2024. Body electronics applications in the automotive transceivers market are gaining high popularity across the globe and are expected to reach a revenue share of around 30% by 2024 owing to the innovations in control modules, dashboard, mirror units, etc. The…
Precision Gearbox Market 2024 By Regional Manufacturers ABB, Siemens, SEW Eurodr …
Precision Gearbox Market will grow at 5.2% CAGR with USD 2.5 billion by 2024. Planetary segment accounted for more than 70% of 2015 overall industry revenue. These are niche rather than standard products which provide greater volatility in the precision gearbox industry. Parallel precision gearbox market size was over USD 200 million in 2015. The parallel gearboxes use shaft-mounted gear units on parallel axes which are ideal for use in…
Automotive LiDAR Market 2024 Forecast By Top Regional Manufacturers Continential …
Automotive LiDAR Market is anticipated to grow at a CAGR of over 40% with 3 million units with a market value of more than USD 3 billion by 2024. The autonomous vehicle market is anticipated to grow at a CAGR of more than 65% over the forecast timespan. The growing demand for the LiDAR sensors among the automotive manufacturers for self-driving cars is the primary factor driving the market. …
Automotive Human Machine Interface (HMI) Market 2018-2024 Analysis By Key Region …
Automotive Human Machine Interface (HMI) Market growing at a CAGR of over 12% with USD 27 billion by 2024. In the global automotive human machine interface (HMI) market, the acoustic interfaces segment is projected to observe the highest adoption rate with a CAGR of approximately 15% throughout the forecast timeline. The increased implementation of the speech recognition technology to give the command or to control the features of the vehicle’s…
Recreational Vehicle (RV) Market 2018-24 By Key Regional Manufacturers Airstream …
Recreational Vehicles Market is estimated to exhibit at 6% CAGR with USD 56.5 billion by 2024. Motorhomes segment is estimated to account for around 60% recreational vehicle market revenue share over the forecast timeframe owing to the benefits offered including enhanced interior space with facilities including beds, kitchen, sink, and bathroom. The lower interest rates along with easier piloting and camping capabilities with electric jacks and hooks supports the product…
Automotive Lighting Market 2018 By Top Regional Manufacturers General Electric, …
Automotive Lighting Market will grow at a CAGR of over 5% with USD 40 billion by 2024. The automotive lighting market is driven by the development of lighting solutions by various manufacturers such as adaptive front & rear lighting and dynamic bend lighting systems. Increasing demand from OEMs for advanced LEDs and laser-based light modules to improve the vehicle safety parameters and providing aesthetic looks to the vehicles further contribute…
Automotive Electronics Market 2018-2024 By Top Regional Manufacturers Autoliv, B …
Automotive Electronics Market will grow at a CAGR of over 6.5% with USD 400 billion by 2024. The passenger cars segment is experiencing a rapid growth in the automotive electronics market to reach over 85% revenue share by 2024 due to developments including safety & driving assistance, infotainment, etc. The newly developed passenger vehicles integrate several enhanced systems that offer advanced safety and luxury features to its consumers, further generating…
Automotive Communication Technology Market 2018 By Key Regional Players Intel Co …
Automotive Communication Technology Market growing at a CAGR of over 14% with USD 18 billion by 2024. The distributors segment is growing rapidly with a projected CAGR of over 17% over the forecast timespan. The communication technology providers mainly align with the distributors to provide its technology to automotive manufacturers worldwide. The distributors dominate the aftermarket landscape by developing strategies to deepen their relationship with customers, driving the company sales.…
Vehicle Tracking Market 2024 Analysis By Key Regional Manufacturers TomTom, Cala …
Vehicle Tracking Market is predicted to exhibit over 7% CAGR with USD 11 billion by 2024. Heavy commercial vehicles are anticipated to witness growth at over 12% from 2017 to 2024 owing to rising demand for transportation of passengers & goods along with increasing construction activities. Vehicle tracking market from light commercial vehicles will account for a significant share over the forecast timeframe owing to rising transportation of light weight…
Automotive Turbocharger Market 2024 Analysis By Key Regional Manufacturers BorgW …
Automotive Turbocharger Market is estimated to exhibit over 9.5% CAGR with USD 24.5 billion by 2024. Gasoline segment will witness highest growth and is expected to account for over 32% automotive turbochargers market share by 2024. This is attributed to the high RPM generation and efficient fuel combustion in vehicles. Moreover, owing to high flammability of gasoline over diesel, system design contributes low space footprints. Thus, it contributes to the…
At 5% CAGR, Automotive Aftermarket Industry to hit $1,420 billion by 2024 | Brid …
Automotive Aftermarket Industry is estimated to exhibit over 5% CAGR with USD 1,420 billion by 2024. Increasing necessity for maintenance and scheduled servicing requirements for enhancing aging vehicles life will drive the automotive aftermarket industry. Growing customer expectations, ongoing technological innovation, and rising competition across automotive industry are the major factors fueling industry expansion. Increasing penetration of OEMs into aftermarket activities along with the consolidation of parts distributors will…
E-commerce Automotive Aftermarket 2025 Analysis By Top Key Vendors Amazon, Aliba …
E-commerce Automotive Aftermarket is predicted to cross 1 billion unit by 2025. Online platforms have gained prominence among the automotive aftermarket industry players to launch their auto-parts portfolio. The manufacturers are increasingly launching their products on online platforms through third party retailers such as Amazon, and eBay or via their own online portals, positively impacting the industry growth. However, lack of efficient standardization for e-commerce businesses may lead to easy…
Self-Driving Car Market 2018 Trends, Growth, Analysis By Top Key Leaders Nissan …
Self-Driving Car Market is anticipated to exceed 60 million units by 2024. The market is driven by the increasing R&D activities for the development of self-driving technology. The automakers around the world are implementing various strategies to accelerate the innovations in the self-driving cars landscape. The self-driving cars industry is promising lucrative returns to all the parties involved in the production & distribution of autonomous technology. In addition, the growing…
Heavy-Duty Trucks Market 19-2024 By Key Manufacturers Daimler AG, Eicher Trucks …
Heavy-Duty Trucks Market will surpass 2 million units to hit USD 160 billion by 2024. Logistics sector is estimated to witness an exponential growth rate of approximately 5% over the projected time line. Increasing number of new lorries owing to improved recovery of equipment producers from declining freight industry will aid in product adoption. Bulking up of new orders and balance in inventory levels will positively affect the heavy-duty trucks…
Railway Management System Market Vendors - Cisco, DXC Technology, Huawei Technol …
Railway Management System Market is estimated to exhibit over 10% CAGR with USD 64 billion by 2024. Factors such as increasing importance of sustainability, changing demographics, stringent government regulations, macroeconomic and microeconomic conditions, and the rising importance of smart cities coupled with the incredible growth of telecommunication and the need for mobility are driving the market demand. Furthermore, the adoption of technologies and solutions such as IoT, cloud computing,…
Automotive HVAC Market | Industry Chief Vendors Brose Group, Delphi, Denso, John …
Europe automotive HVAC market share is estimated to account for over 20% of the global revenue through the forecast period, spurred by vehicle production. Favorable regulatory scenario to limit energy consumption is a key regional trend. Global automotive HVAC market size forecast pegs USD 23.19 billion revenue by 2023; as per a new research report by Global Market Insights, Inc. The ecosystem comprises component suppliers, system suppliers, and automakers.
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Bridgestone, Michelin Profiled in Airless Tires Market 2019-2024 | Chief Manufac …
Airless Tires Market for Radial tires are anticipated to exhibit maximum revenue share, crossing USD 140 million over the next eight years. Rising focus of industry participants towards production of these tires owing to their benefits over the counterpart will contribute significantly towards the high revenue generation. These benefits include higher flexibility and strength along with enhanced shock absorbing ability. Bias tires are likely to exhibit a CAGR of over…
Automotive Brake Calipers Market By Regional Analysis, Key Industry Participants …
Automotive brake calipers market from PCV will account for highest revenue share of over 60% over the forecast timeframe. Substantial automobile production across the globe will primarily contribute to the high revenue generation. Rising expenditure of consumers coupled with improvement in vehicle sales will further support the industry dominance. Two wheelers will grow significantly owing to high production of motorcycles and electric bikes, especially in developing countries.
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Automotive Lighting Market 2019 Key Vendors - Valeo, Hyundai MOBIS, HELLA, Gener …
The interior automotive lighting market is expected to grow at 7% CAGR from 2018 to 2024. Modern passenger cars and luxury vehicles deploy advanced LED & halogen lamp components in the interior systems. These components lend enhanced ambiance and atmosphere to the modern cars. The implementation of LEDs in vehicle interiors supports the smart and intelligent technologies such as automated light switching, touch-free lighting, and color consistency.
In the automotive lighting…
Auto Collision Repair Industry Top Manufacturers Faurecia, 3M, Valeo, Takata, Si …
Auto collision repair market from paints & coatings will witness around 2.5% CAGR over forecast period owing to rising traffic leading to rear end crash and dents. Increasing body maintenance to enhance vehicle aesthetics is escalating product demand. Industry participants are developing new technologies for environmentally friendly and durable coatings.
PCV will register USD 128 billion by 2024 with increasing passenger car sales over forecast period. According to International Organization of…
Automotive Electronics Control Unit Market 2019 To 2024 Worldwide Company Innova …
Automotive Electronics Control Unit Market size is expected to reach USD 95 billion by 2024. The 32 -bit controller segment in the automotive ECU market is expected to witness growth from 2018 to 2024. The controller components are mainly deployed in vehicles parts owing to the associated benefits that include lower power requirements and design simplifications. The conventional control units integrating 8-bit and 16-bit controllers have complex designs as compared…
Autonomous Vehicles Market By Top Manufacturers BMW Group, Continental, Daimler …
Autonomous Vehicles Market size is set to exceed 60 million units by 2024. The autonomous car market is driven by increasing investments in the auto technology. The self-driving vehicle industry is promising huge profits and lucrative returns on investment for all parties involved in the manufacturing and distribution of autonomous vehicles. This is encouraging large corporations and VC investors to invest in the auto-technology and to secure their share of…
Autonomous Vehicles Market By Top Manufacturers BMW Group, Continental, Daimler …
Autonomous Vehicles Market size is set to exceed 60 million units by 2024. The autonomous car market is driven by increasing investments in the auto technology. The self-driving vehicle industry is promising huge profits and lucrative returns on investment for all parties involved in the manufacturing and distribution of autonomous vehicles. This is encouraging large corporations and VC investors to invest in the auto-technology and to secure their share of…
Automotive Electronics Control Unit Market By Regional Revenue Industry Vendors …
Automotive Electronics Control Unit Market size is expected to reach USD 95 billion by 2024. The 32 -bit controller segment in the automotive ECU market is expected to witness growth from 2018 to 2024. The controller components are mainly deployed in vehicles parts owing to the associated benefits that include lower power requirements and design simplifications. The conventional control units integrating 8-bit and 16-bit controllers have complex designs as compared…
Automotive Electronics Control Unit (ECU) Market | Broadcom, Inc, Bosch, Contine …
Automotive Electronics Control Unit (ECU) Market size is expected to reach USD 95 billion by 2024. Increasing demand for the integration of advanced features in the vehicles coupled with the growing vehicle production across various economies is driving the automotive ECU market growth. Safety concerns related to the vehicle connectivity parameters account for the use of technically-advanced control units. These components provide vehicles with controlling functionalities capable of managing the…
Automotive Lighting Market Trends To 2019-24 Global Key Industry Players are Mag …
Automotive Lighting Market is anticipated to hit USD 40 billion by 2024. Increasing road safety concerns across the globe have pushed the integration of advanced lighting systems in automobiles. These systems are witnessing extensive upgrades and are adopted by automotive manufacturers to provide a superior experience to the drivers. The lighting systems in vehicles enable enhanced visibility and clarity, crucial for ensuring the safety of the passengers.
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Automotive Communication Technology Market 2019 Exclusive Industry Vendors -Broa …
The safety & ADAS segment dominates the automotive communication technology market with a projected market revenue of over USD 8 billion by 2024. The automotive systems have become more sophisticated as they include ADAS applications from collision avoidance, automatic emergency braking, and lane departure warning to autonomous driving, making the system bandwidth critical. To meet this high bandwidth and latency requirements, it is essential for automotive manufacturers to provide high-performance…
Automotive Electronics Market | Worldwide Industry Vendors - Autoliv, Broadcom, …
Automotive Electronics Market will grow at over 6.5% CAGR, to exceed USD 400 billion by 2024. The deployment of such systems to maintain passenger and vehicle safety is thus slated to impel automotive electronics industry share. Over the coming years, the use of real-time operating systems and the development of next-generation visualization tools for automotive in-vehicle systems is likely to increase at an exponential rate. The surging awareness among people…
Automotive Airbag and Seat Belt Market Autoliv, Delphi, Takata, Hyundai MOBIS, T …
Automotive Airbag and Seat Belt Market is expected to grow at significant rate over the forecast timeline. The seat belts are designed to safeguard the drivers from sudden jerk or vehicle stoppage. Rising demand for premium cars has further escalated the revenue generation. Moreover, both seat belts and air bags are primary safety devices in the vehicles. Rising consumer awareness towards safety and security.
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Advanced Driver Assistance System (ADAS) Market | 2019-24 NVIDIA, Texas Instrume …
Europe Advanced Driver Assistance System (ADAS) Market will witness CAGR over 14% up to 2024. Government regulations mandating installation of safety systems in vehicles will support the industry growth. Institutional initiatives including Euro NCAP to promote driving assistance systems will drive the product penetration. In addition, presence of key automobile manufacturers provides a positive outlook for the regional demand. Advanced Driver Assistance Systems (ADAS) Market size is estimated to…
Automotive Turbochargers Market 2019-2024 By Regional Industry Manufacturers Bor …
Automotive Turbochargers Market size is estimated to exceed USD 24.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing demand for high performance and fuel-efficient vehicles coupled with strict emission regulations will primarily drive the automotive turbochargers market size. Vehicles equipped with these products can reduce the carbon emission by up to 20% and 15% for diesel and gasoline-powered engines respectively. Enabling vehicle manufacturers…
Automotive Advance Driver Market WABCO, Delphi, Infineon Technologies, Takata, V …
Automotive Advance Driver Market is predicted to witness high growth owing to rising demand for advanced safety features in automobile industry. The assistance system helps keep driver’s focus on vehicles by warning, monitoring, braking and steering task to reduce the collision instances. North America and Europe are mandating installation of emergency braking system and forward collision warning system in every vehicle by 2020, surging the demand for automotive advance driver…
Automotive LiDAR Market By Regional Industry Manufacturers - Panasonic, Valeo, V …
Automotive LiDAR Market is set to exceed 3 million units with a market value of more than USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc.
The Asia Pacific automotive LiDAR market is anticipated to grow at a CAGR of over 60% during the projected timeline. The presence of the major automotive LiDAR technology providers such as Robosense and Benewake in the region has…
Power Sports Market 2019-2024 By Regional Industry Participants Kawasaki Motors, …
Power sports Market is estimated to surpass USD 14 billion by 2024; according to a new research report by Global Market Insights, Inc.
Asia Pacific power sports market led by Japan, China and India will register gains at over 4.5% owing to rising disposable income. Rise in per capita spending is accelerating ATV and SSV sale. Industry players such as Honda Motors adopting innovative steps such as improving economy of scale…
Automotive Lighting Market 2019 Trends By Regional Industry Manufacturers - Gene …
Automotive Lighting Market is set to exceed USD 40 billion by 2024; according to a new research report by Global Market Insights, Inc.
In the automotive lighting market, the passenger cars segment is anticipated to grow at 6% CAGR from 2018 to 2024. A high demand for passenger cars across the globe is compelling the increasing consumption of lighting products. An increased focus on enhancing the vehicle aesthetics and looks by…
Recreational Vehicles (RV) Market 2019-24 Top Industry Manufacturers - Airstream …
Recreational Vehicles (RV) Market size is estimated to reach USD 56.5 billion by 2024; according to a new research report by Global Market Insights, Inc.
Motorhomes segment is estimated to account for around 60% recreational vehicles (RV) market revenue share over the forecast timeframe owing to the benefits offered including enhanced interior space with facilities including beds, kitchen, sink, and bathroom. The lower interest rates along with easier piloting and camping…
Automotive Embedded Telematics Market | TomTom Telematics, Mix Telematics, Omnit …
Automotive Embedded Telematics Market to witness healthy CAGR during the forecast period driven by increasing integration of the telematics systems into passenger and commercial vehicles. It allows vehicles to communicate with other devices or with an individual user over a network. Furthermore, the supportive government initiatives for safety & security of the vehicles such as the European Union’s eCall Initiative and Russia’s ERA-GLONASS also augment the demand for the…
Automotive Glass Market to Generate Appreciable Proceeds By Key Industry Players …
Automotive Glass Market is predicted to exhibit around 7% CAGR to exceed USD 21 billion by 2024. Laminated automotive glass market is estimated to generate revenue over USD 11 billion by 2024. Prevention from penetration, easy reparability, sound proofing and clear visibility are the substantial properties encouraging the product consumption. Tempered product is set to witness over 6% growth up to 2024. High strength and toughness due to controlled chemical…
Automotive Pedestrian Protection System Market to Accrue Appreciable Share 2018 …
Automotive Pedestrian Protection System Market will witness over 10.5% CAGR to hit USD 3 billion by 2024. Increasing mobile phones usage during driving, reduced visibility at night, misjudgment while driving, and driver’s fatigue results in collisions. Increasing concerns regarding the growing number of road fatalities has led to increased deployment of automotive pedestrian protection system in vehicles. Moreover, usage of earphones by pedestrians while strolling on roads make them vulnerable…
Automotive Electronics Control Unit (ECU) Market 2018-24 Key Eminent Industry Pl …
The Europe automotive electronics control unit (ECU) market is expected to grow at a CAGR of over 5% from 2018 to 2024. The growth can be credited to the presence of large number of prominent automobile manufacturers in Germany, France, and Italy. In addition, the increasing government legislation and supportive policies are further expected to propel the automotive ECU market share. Automotive Electronics Control Unit (ECU) Market size is set…
Automotive Aftermarket Industry By Product, Accessories & Companies – Bridgest …
The robustly increasing requirement for effective automotive components for regular maintenance has been majorly responsible for driving automotive aftermarket industry growth. Lately, with increasing disposable incomes, consumer lifestyles have undergone a massive change, leading to a shift in the affordability factor and the demand for stylish accessories. More importantly, major advancements in the electrical sector are also expected to fuel the growth of the automotive aftermarket industry. Lately, the increasing…
Railway Management System Market | 2024 Top Key Vendors - DXC Technology, Huawei …
The Asia Pacific railway management system market is anticipated to grow at the fastest rate at a CAGR of over 14% over the forecast timeframe. The major factors contributing to market growth in this region include the strategic initiatives adopted by the government, which include smart cities and digitalization coupled with the increasing GDP of the Asian countries. Furthermore, as transportation infrastructure in some of the countries is still in…
Railway Management System Market 2018-24 By Regional Revenue Participants – (A …
Railway Management System Market to exceed USD 64 billion by 2024; according to a new research report by Global Market Insights, Inc.
The railway management system market growth is attributed to the increasing adoption of IoT and digitalization in the railway industry. IoT allows the rail operators to have proper information about the train’s location with respect to other trains to ensure passengers’ safety. It also automatically regulates the trains…
Automotive Transmission Market | BorgWarner Inc, General Motors, Magna Internati …
The trend in North America and Europe automotive transmission market size shows the consumers’ increasing approach towards energy efficient as well as comfortable vehicles. Asia Pacific has become the largest regional industry for alternative fuel passenger cars due to rapid industrialization and growth of the automobile industry, with Japan and China being the leaders in this region. This trend is observed due to tax breaks, and incentives to the participants…
Automotive Communication Technology Market 2018-24 Revenue By Regional Vendors I …
The Latin America automotive communication technology market is anticipated to cross over USD 1 billion by 2024. The growth is attributed to the rise in car sales throughout the region. In 2017, Brazil accounted for a rise of around 10% in new car sales, followed by Argentina and Mexico. Latin America is also projected to have around 8.5 million connected cars by 2023, which increases the demand for in-vehicle connectivity…
Usage-based Insurance (UBI) Market | Key Industry Vendors Allstate, AXA, Liberty …
Usage-based Insurance (UBI) market is projected to surpass USD 107 billion by 2024. The growing implementation of vehicle telematics to improve driving behavior and align car insurance premiums with the actual vehicle condition via UBI has accelerated the automotive insurance industry profitability. UBI relies on telematics data to evaluate risks based on each individuals driving behavior, inclination towards safe driving practices, the current condition of vehicles and trip characteristics. By…
Automatic Emergency Braking (AEB) Market : Key Industry Players Tesla, AUDI AG, …
Automatic Emergency Braking (AEB) Market is estimated to surpass USD 20 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing awareness regarding vehicle occupant and non-occupant safety will boost the automatic emergency braking market size. Over speeding, and distracted driving owing to usage of mobile phones and unsafe road infrastructure are contributing towards road accidents. According to the World Health Organization, in 2018, road…
Autonomous Car Market - Key Industry Players Nissan Motor, Ford Motor, General M …
The level 2 autonomous car market is expected to grow at a CAGR of 45% during the projected period. The advancements in the automotive technology such as the integration of artificial intelligence, GPS, and advanced electronic sensors such as radar, LiDAR, and ultrasonic sensors promote the market growth. the level 1 autonomous car market will grow at a CAGR of 6% over the forecast timespan. The market growth is attributed…
Automotive Gesture Recognition Market 2018 Eminent Industry Vendors Visteon Corp …
Automotive Gesture Recognition Market for Hand or fingerprint authentication showcased significant growth rate of more than 44% CAGR over the forecast timeframe. This growth is attributed to its usage for environment controlling applications, vehicle access and other vehicle functions. Automobile manufacturers are installing these systems in their product portfolio to attract consumers and enhance their market share. The 3D camera offering superior functionality is further integrated with the 3D image…
Automotive Communication Technology Market | Eminent Participants Xilinx, Toshib …
The Latin America automotive communication technology market is anticipated to cross over USD 1 billion by 2024. The growth is attributed to the rise in car sales throughout the region. In 2017, Brazil accounted for a rise of around 10% in new car sales, followed by Argentina and Mexico. Latin America is also projected to have around 8.5 million connected cars by 2023, which increases the demand for in-vehicle connectivity…
