Press Releases from Automotive Industry (299 total)
Vehicle Tracking Market Regional Vendors - TomTom, Calamp, Cartrack, Fleetmatics …
North America vehicle tracking market is anticipated to capture the highest volume share over the next eight years. Presence of key automobile manufacturers along with technology providers across the region will primarily contribute to the revenue generation. Various regulatory authorities such as Federal Motor Carrier Safety Administration (FMCSA) are mandating the installation of these devices in vehicles, further supporting the regional dominance. Asia Pacific will also account for a significant…
Automotive Lighting Market 2018 By Regional Key Participants - Osram, HELLA, Val …
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 to the industry demand. The popularity of the intelligent lighting technologies in the commercial vehicles, such as…
Lane Departure Warning System Market | 2018-2024 (DENSO, Bosch, Delphi, Autoliv, …
Europe lane departure warning system market is expected to capture highest revenue share owing to the stringent government regulations across the region regarding the installation of these safety features. The augmented demand for vehicles equipped with driver assistance systems coupled with substantial production of premium and luxury vehicles will further support the regional dominance.
North America will also account for a significant share in the industry owing to increasing road safety…
Automotive Transceiver Market | (Texas Instruments, STMicroelectronics, ON Semic …
Automotive Transceiver Market size is set to exceed USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc. The shipments are expected to grow at a CAGR of around 7% from 2018 - 2024. Asia Pacific automotive transceiver market is expected to grow at a CAGR of around 8% due to factors such as the presence of several system & component producers and increased…
Rear Spoiler Market Trends To 2024 | Key Players are Mercedes-AMG, Magna Interna …
Global rear spoiler market share is expected to cross 44 million units by 2024. Rising adoption in SUVs, hatchbacks, and MPVs along with increasing SUVs sales will primarily drive the industry growth. Automobile industry is witnessing regular advancements for overall weight reduction thereby installing the plastic components. These advancements are anticipated to induce immense growth potential to the rear spoiler market size over the next eight years.
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Automotive Composites Market 2018 Industry Leading Players - Hexcel Corporation, …
Automotive composites market from compression is expected to dominate the revenue share surpassing USD 9 billion over the next eight years owing to high usage of this process in glass fiber composites. Moreover, this process is used for mass production of composites, further supporting the industry dominance. RTM is likely to exhibit around 7% CAGR till 2024 owing to regular innovations in this process over the past years. Moreover, it…
Automotive Collision Repair Market | Worldwide Industry Analysis, Trends, Outloo …
Automotive 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. For instance, in January 2018, BASF developed high performance coatings to minimize energy requirements and total cost of ownership of…
Automotive Gesture Recognition Market 2018-2024 Incredible Growth like (42% CAGR …
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…
Airless Tires Market 2018 Global Analysis | Future Growth To 2024: Leading Playe …
HCVs are likely to dominate the airless tires market, holding more than 27% share till 2024. This can be attributed to rising implementation of these tires in heavy vehicles owing to their capability of carrying more weight. Shifting focus of major manufacturers such as Michelin towards developing these tires for HCVs will further support the industry dominance over the coming years. Terrain vehicles will exhibit over 9% CAGR owing to…
Automotive Human Machine Interface (HMI) Market growing at a CAGR of over 12% be …
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 infotainment systems will accelerate the market growth. Among all the acoustic interfaces, beepers were the first to be used…
US$ 1.4 Trillion Automotive Aftermarket Huge Growth & Trends In Future (2018-202 …
Automotive Aftermarket Industry size is estimated to surpass USD 1,420 billion by 2024; according to a new research report by Global Market Insights, Inc. 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…
Automotive Transceivers Market Size, Share, Trends & Forecast To 2024 | Leading …
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 increasing demand for modernized vehicle architecture and luxury features from consumers across the U.S. and Europe is a major factor adding up to the utilization of transceiver protocols.
The chassis…
Usage-Based Insurance (UBI) Market By Vehicle Type, Regional Revenue, Market Sha …
The commercial vehicles segment in the usage-based insurance (UBI) market is projected to register an excellent growth rate of over 18% from 2018 to 2024. The commercial vehicles segment is widely deploying telematics solutions to analyze vehicle and driver data to assess the risks and restore profit margins. These solutions are used in commercial fleets to help in integrating capabilities such as traffic updates, roadside assistance, and smart routing and…
Automotive Turbocharger Market Trend, Revenue & Regional Analysis 2024 By Top Pl …
Automotive turbocharger market from PCVs are likely to capture highest revenue share, surpassing 60% by the end of 2024. Rising production of these vehicles across the globe, especially in developing countries of Asia Pacific will fuel the industry growth. Rising consumer demand for minimal loss in fuel efficiency and high-power output will further strengthen the product penetration. Rising international and local trading activities across the globe will propel the growth…
Autonomous Vehicles Market Massive Growth To 2024 | Industry participants are Ni …
Autonomous Vehicles Market size is set to exceed 60 million units by 2024; according to a new research report by Global Market Insights, Inc. The autonomous vehicles 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…
Automotive Lighting Market 2018-2024 Industry Analysis, Revenue & Research Repor …
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 to the industry demand. The popularity of the intelligent lighting technologies in the commercial vehicles, such as…
Automotive Electronics Control Unit (ECU) Market -2024 Top Company Profiling - ( …
Automotive Electronics Control Unit (ECU) Market size is set to exceed USD 95 billion by 2024; according to a new research report by Global Market Insights, Inc. The global shipment is expected to grow at a CAGR of approximately 6% from 2018 - 2024. Passenger vehicles are expected to grow at around 6% CAGR in the automotive ECU market. These vehicles include luxury cars that deploy the highest number of…
Automotive Communication Technology Market Tremendous Hike In Future | Broadcom, …
Automotive Communication Technology Market for mid-sized car segment is projected to grow at a CAGR of over 14% over the forecast timespan. The average wiring in a mid-sized car consists of over thousand wires weighing around 45 kilos and measuring around a km in length. This has enabled automotive manufacturers to include bus networking in their vehicles to reduce the electronic system complexity and cost. Furthermore, the government has also…
Usage-Based Insurance (UBI) Market | Participants - (Allianz Insurance, Allstate …
Usage-Based Insurance (UBI) Market size is set to exceed USD 107 billion by 2024; according to a new research report by Global Market Insights, Inc. One of the major factors driving the UBI market growth is an increase in the production of passenger & commercial vehicles that is embedded with telematics or the use of external tracking systems to capture data about the vehicle’s health & the driving behavior. Car…
Automotive Relay Market 2024 | Top Key Participants are Panasonic, ABB, Denso, E …
Automotive Relay Market in North America industry was valued at over USD 2 billion in 2016 and is expected to exhibit 5% CAGR in the projected time line owing to the matured automobile industry in the region. Moreover, the presence of well-established players will strengthen the regional business position over the next eight years. Rising product aftermarket demand from countries like Mexico will further induce immense potential to the automotive…
Authorized Car Service Center Market 2024 Forecast & Key Business Strategies by …
Asia Pacific authorized car service center market will exhibit 3.8% CAGR during the study period. Road infrastructure development in countries, such as India, China, and others, and increasing accidents due to the more number of vehicles running on-road will pave growth opportunities for the industry across the region. The increasing demand for vehicles and the emphasis on personal mobility will play a vital role in improving the industry size. Authorized…
Off-Road Vehicles (ORVs) Market Segment, Industry trends and Developments to 202 …
Off-Road Vehicles (ORVs) Market for Sports segment will account for more than 40% revenue share over the projected timeframe. This can be credited to proliferation of sport events such as woods and sand rides across the globe. Multiple configurations including enhanced power and torque outputs, diversified engine options coupled with lower maintenance costs are fueling the segment growth.
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Automotive Wheel Market Revenue, Growth & Regional Analysis 2018-2024 By Key Pla …
Europe automotive wheel market will witness growth over 4% up to 2024. Rising demand for premium vehicles coupled with recovery from economic recession are the key factors supporting the industry growth. Presence of key industry players provides a positive outlook for the regional demand. Passenger cars market will worth over USD 77 billion by 2024. Changing lifestyles and increasing disposable income are the major driving factors of industry size. Heavy…
Automotive Electronics Control Unit (ECU) Market 2018-2024 Company Profiling - ( …
Automotive Electronics Control Unit (ECU) Market size is set to exceed USD 95 billion by 2024; according to a new research report by Global Market Insights, Inc. The global shipment is expected to grow at a CAGR of approximately 6% from 2018 - 2024. Passenger vehicles are expected to grow at around 6% CAGR in the automotive ECU market. These vehicles include luxury cars that deploy the highest number of…
Automotive Air Intake Manifold Market 2018-2024 Growth, Revenue & Regional Analy …
Automotive Air Intake Manifold Market size is estimated to surpass USD 51 Billion by 2024; according to a new research report by Global Market Insights, Inc. Air intake manifold revenue from HCVs crossed USD 3.4 billion in 2016 and is estimated to grow with 5.6% CAGR during the forecast period. Increasing use of commercial vehicles for goods & commodity transportation is driving the heavy commercial vehicle segment. In 2016, the…
Electric Motorcycles & Scooters Market Comprehensive Analysis By 2024 - Top Play …
Electric Motorcycles & Scooters Market size is estimated to surpass USD 22 billion by 2024; according to a new research report by Global Market Insights, Inc. Electromagnetic principle is utilized for the operation of an e-vehicle and the only factors that contribute to the loss of efficiency are the transmission lines and the friction. Owing to this, the motors utilized in these vehicles offer an efficiency of over 85 to…
Global Automotive Lighting Market Growth, Regional Trends & Forecast To 2024 | L …
Automotive Lighting Market size is set to exceed USD 40 billion by 2024; according to a new research report by Global Market Insights, Inc. Increased automotive production and a high demand for passenger vehicles create growth opportunities for the automotive lighting market. With the growing demand for automobiles across the globe, the utilization of automotive lighting products has increased rapidly. The global automotive industry identifies the need for intelligent &…
North America Youth ATV & UTV Market Regional Trends & Revenue To 2024 | Compani …
North America Youth ATV & UTV Market size is estimated to surpass USD 383 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing recreational spending along with the rising number of off-roading events are driving the North America youth ATV & UTV market share over the forecast timeframe. Increasing preference of youth to opt for adventure off-roading events including participation in several ATV and…
Automotive Pedestrian Protection System Market By Product, Vehicle | Top Leading …
Automotive Pedestrian Protection System Market size is estimated to exceed USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc. Commercial vehicles are large sized and have wider blind spots. Few automotive manufacturers that include Volvo, Subaru, and Daimler have introduced vehicles with safety technologies. OEM players are anticipated to participate in the competition by introducing innovative technologies and gain higher consumer traction. Inadvertently…
Auto Collision Repair Market to hit US$ 275 bn by 2024 | Top Key Players Valeo, …
Auto Collision Repair Market size is estimated to surpass USD 275 billion by 2024; according to a new research report by Global Market Insights, Inc. 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…
Automotive Electronics Market By Application, Steady Growth to 2024 | Leading Pl …
Asia Pacific region is growing at a rapid pace in the automotive electronics market owing to an accelerated growth in vehicle & related part manufacturing activities in countries including China, Japan, and South Korea. Additionally, this growth is attributed to the high penetration of automotive and electronics manufacturers in the region and increasing export activities to North American and European nations. The increased automobile consumption in India and China owing…
Automotive Lighting Market By Application Steady Growth To 2024 | Leading Player …
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. These systems provide…
Automotive Lighting Market Forecast To 2024: Top Leading Companies - Valeo, Varr …
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 automobile companies demands advanced and high-quality lighting systems. The commercial vehicles in the market are witnessing steady growth due to the implementation…
Automotive Electronics Market 2024 Top Key Players Analysis - Lear Corporation, …
Automotive Electronics Market size is set to exceed USD 400 billion by 2024; according to a new research report by Global Market Insights, Inc. The development of intelligent vehicle technologies owing to the need for advanced safety & comfort parameters drives the automotive electronics market growth. These enhanced vehicular systems consist of several electronic components including smart sensors, powerful ECUs, mechatronic parts, etc., further generating a demand for automobile electronics.…
Automotive Communication Technology Market Forecast to 2024 | Companies - Broadc …
Global Automotive Communication Technology Market size is set to exceed USD 18 billion by 2024; according to a new research report by Global Market Insights, Inc. The automotive communication technology market growth is attributed to the increasing demand for automotive electronics. Over the last decade, the total contribution toward automotive electronics has increased from around 20% to 45%. Inventions such as automatic transmission, anti-lock brakes, telematics, and infotainment capabilities are…
Automotive Turbocharger Industry Analysis & Forecast to 2024: Key Players BorgWa …
Automotive Turbocharger Market size is estimated to surpass USD 24 billion by 2024; according to a new research report by Global Market Insights, Inc. VGT turbochargers will grow rapidly, exhibiting more than 8% CAGR from 2017 to 2024. These turbochargers are responsible for precise controlling of NOx and particulate emissions. Moreover, shifting preference can be credited to the provision of multiple benefits such as increasing the engine efficiency, reduction…
Automotive Lighting Market - Source of lighting LED, Halogen, Xenon Industry: Tr …
Automotive Lighting Market for LED lighting technologies are witnessing a high popularity in the automotive industry due to the rising implementation of vehicle lighting systems. LEDs offer several benefits such as performance & energy efficiency, bright lights, and low power consumption. Major users of the LED-based automotive lighting market products are global automotive OEMs including Audi, BMW, Honda Motor Company, General Motors, Tata Motors, etc. However, high tariff and trade…
Whiplash Protection System Market Price Trend & Forecast to 2024: Companies Auto …
Asia Pacific led by India, China and Japan is expecting a growth in whiplash protection system market due to the government regulations and initiatives by various companies. Indian hatchback cars were rated zero in the ratings of NCAP, due to which the manufacturers have started incorporating safety systems in the vehicles. The awareness regarding the safety technologies has taken hike in the Asia Pacific regions which is becoming the engine…
Two-Wheeler Fuel Injection Systems Market 2018-2024 Industry Leading Companies â …
Two-Wheeler Fuel Injection Systems Market growing rapidly owing to increasing pollution from the vehicles. Currently the carburetor fuel system releases harmful gases which pollutes the environment as well as it consumes ample amount of fuel which increases the cost. The automotive industry is introducing many technological advancements in order to control the emission level and increase fuel efficiency. With the increase in the importance of the clean economy, the government…
Automotive Robotics Market: Research Study for Forecast Period - ABB, Comau, FAN …
Automotive Robotics Market size is projected to exceed USD 5.96 billion by 2024; according to a new research report by Global Market Insights, Inc. Parallel robots will witness over 4% CAGR by 2024. Micro-manufacturing automation is a key factor that will fuel the product demand over the forecast time frame. High speed, stiffness, and flexible fixturing are the benefits supporting the product demand.
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Power Sports Industry 2018 Leading Players are Yamaha, Harley-Davidson Motor, BR …
Power sports Market size is estimated to surpass USD 14 billion by 2024; according to a new research report by Global Market Insights, Inc. Positive product outlook particularly for the ATVs and SSVs across developing countries owing to increasing spending capacity, development of the rugged terrain and increasing distribution of the major manufacturers in the region. Stringent regulatory bodies are focusing on offering safety features along with reducing the accidents…
Automotive LiDAR Market | 2018-2024 Industry Leading Companies – (Continental, …
Automotive LiDAR Market size 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 automotive LiDAR market is propelled by increasing investments in the development of the autonomous vehicles. The automakers are concentrating on R&D activities for the development of the self-driving technology. BMW has recently announced its plans…
All Terrain Vehicle Market Research Study From 2018-2024 | Industry Trends & Key …
All Terrain Vehicle Market size is estimated to surpass USD 8 billion by 2024; according to a new research report by Global Market Insights, Inc. Utility ATV will account for highest revenue share in the ATV market crossing USD 3 billion till 2024. These vehicles are critical for military & defense operations as they seamlessly work on rocky and rough terrain. These factors contribute significantly towards the high revenue generation.…
Tire Pressure Monitoring System (TPMS) Market Regional Analysis & Trends, Foreca …
Europe accounts for a notable share in the global tire pressure monitoring system market share. Presence of the major automotive manufacturers in the region will support the industry demand. Moreover, increase in driving regulations to ensure passenger safety will drive the regional demand. North America tire pressure monitoring system market will witness notable gains in forecast period. The U.S. Transportation Department rates the manufacturers according to safety and security will…
Vehicle To Vehicle (V2V) Communication Market 2018 Major Leading Players – (BM …
Vehicle To Vehicle (V2V) Communication Market includes a transmitter and receiver that help the cars to broadcast the brake status, speed, position, steering-wheel position and other data to other vehicles within a range of few hundred meters. Connected vehicles could make use of the information in order to build in depth depiction of what’s unfolding around them, enlightening any sort of danger and alerts the driver, or the best sensor…
High Performance Wheels Market Top Companies are Iochpe Maxion, Enkei America, R …
High Performance Wheels Market size is estimated to surpass USD 160 billion by 2024; according to a new research report by Global Market Insights, Inc. Aluminum high performance wheels market will observe growth around 6%. Huge load carrying capacity, optimum dimension, corrosion resistance, low density along with ductility and malleability properties are the factors fueling the product demand. Increasing adoption by both aftermarket and OEMs due to its significant performance…
Automotive Electronics Control Unit Market Research From 2018-2024 | Industry Fo …
Automotive Electronics Control Unit (ECU) Market 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 engine,…
Automotive Electronics Control Unit (ECU) Market | Industry Forecast & Key Vendo …
Automotive Electronics Control Unit (ECU) Market 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 engine,…
Automotive Airbag and Seat Belt Market | 2018 Industry Trends, Forecast & Key Co …
Automotive Airbag and Seat Belt Market size 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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Automotive Occupant Sensing System Market | Industry Forecast & Key Companies - …
Automotive Occupant Sensing System Market share is expected to grow at significant rate over the forecast timeline. Capability to sense the positioning and classification of the passenger sitting on the vehicle seat is the biggest advantage of these systems. Moreover, they help the airbag system and controls the amount of intensification an airbag requires, while any sort of accident takes place while driving. Passenger safety is the utmost responsibility of…
