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According to the new market research report "V2X Cybersecurity Market by Unit Type (OBU and RSU), Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, V2C, and V2P), Security Type (PKI and Embedded), Connectivity Type, Vehicle Type, and Region - Global Forecast to 2025", Published by MarketsandMarkets™, The global V2X Cybersecurity Market size is projected to grow from USD 659 million to reach USD 2,798 million by 2025, at a CAGR of 33.5%.The growth of the V2X Cybersecurity Market can be attributed to the increasing trend of connected and autonomous vehicles equipped with V2X technologies and growing cyber threats in the automotive industry.The focus of automobile manufacturers has shifted from fuel efficiency, performance, driver safety, and stability of the vehicle to additional features such as vehicle connectivity, electrification of functions, and digitalization.OEMs, technology companies, and V2X providers worldwide have joined hands and are focusing heavily on research & testing of security applications/standards to protect data privacy.The V2X cybersecurity is part of a complex ecosystem with multiple stakeholders, as the value chain is fragmented among all types of industries.The Chinese government is committed to the growth of IoT with a great emphasis on the development of connected cars and has already invested more than USD 10 billion in the IoT industry since October 2010.The increasing purchasing power of the population and increasing concerns over the environment have triggered the demand for V2X in the Asia Pacific.Also, external cloud services for V2X cybersecurity are more feasible, as they are cost and time efficient (due to OTA updates).Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=194480977The European region is expected to be the second-largest market during the forecast periodEurope is projected to be the second-largest V2X Cybersecurity Market as the regulations related to safety issues have become stringent.
According to the new market research report "Automotive Axle & Propeller Shaft Market by Axle Type (Live, Dead & Tandem), Axle Position (Front & Rear), Propeller Shaft Type (Single & Multi-Piece), Passenger Car Propeller Shaft Material (Alloy & Carbon Fiber) and Region - Global Forecast to 2025", Published by MarketsandMarkets™, The global Automotive Axle & Propeller Shaft Market size are projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Browse in-depth TOC on "Automotive Axle & Propeller Shaft Market" 190 – Tables61 – Figures218– Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=62590144 Single piece propeller is estimated to hold the largest share in automotive propeller shaft segment Single-piece propeller shaft dominates the automotive propeller shaft market during the forecast period. The demand for the sport utility vehicle segment is rising mainly in the US, China, and India, owing to the improving economic environment, low crude oil prices, and rising per capita income. This will prompt the demand for rear-wheel-drive vehicles, which are usually installed with the single-piece shaft, and subsequently, the growth of SUVs would also foster the demand for single-piece propeller shaft in the future. The growth can be attributed to factors such as increasing infrastructure spending, rising import-export trade, and growing e-commerce activities. The rise in disposable income is expected to increase the sales of economy, and premium vehicles, which, in turn, will drive the demand for axle and propeller shaft in the region.
According to the new market research report " Automotive Metal Forming Market by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot, Warm and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum, Magnesium), Vehicle (ICE & Electric) - Global Forecast to 2025", Published by MarketsandMarkets™, The Automotive Metal Forming Market is expected to grow at a CAGR of 3.2%, by value, during the forecast period.The market is estimated to be USD 172.5 billion in 2020 and is projected to reach USD 202.2 billion by 2025.The driving factors for the Automotive Metal Forming Market are gradually increasing vehicle production across the globe (particularly in Asia Oceania) and the increasing trend of vehicle lightweighting due to stringent emission norms.Browse in-depth TOC on "Metal Forming Market"145 – Tables71 – Figures215 – PagesThe metal forming market for automotive is dominated by manufacturers such as Magna (Canada), Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), Aisin Seiki (Japan).Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117844713“By vehicle type, passenger car is expected to hold the largest share of the Automotive Metal Forming Market”According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), passenger cars accounted for 61.2% of the overall vehicle production in 2017.Owing to the increasing passenger car production, especially in the Asia Oceania region, and high applications of metal forming, the passenger car segment is projected to share of the metal forming market, by vehicle type.“Aluminum is expected to show the fastest growth over the forecast period, by material type”The contribution of aluminium to the overall vehicle weight has grown substantially over the years.Several automotive components are manufactured using aluminium.In addition to high vehicle production, factors such as increasing GDP, rising per capita income, low production costs, availability of economic labour, and government initiatives for FDI have created growth opportunities for the OEMs and tier 1 players of the metal forming market in the Asia Oceania region.
According to the new market research report "Automotive Turbocharger Market By Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Component, Fuel Type, Application (Agriculture, Construction), Vehicle (Passenger Car, LCV, Truck & Bus), Aftermarket, Region-Global Forecast To 2025", Published by MarketsandMarkets™, The global Automotive Turbocharger Market size is projected to grow at a CAGR of 10.5% over the forecast period, to reach USD 18.4 billion by 2025 from USD 11.1 billion in 2020.Factors such as decreased emission limits in new emission regulations, fuel shift towards gasoline passenger cars & especially towards GDI engines and focused technological advancements in electric turbocharger technology for mild-hybrid vehicles are projected to create a potential demand for automotive turbochargers in the coming years.Automotive Turbocharger Market is dominated by manufacturers such Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany), Bosch Mahle (Germany), Cummins  (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=919The wastegate turbocharger type is estimated to hold the largest share in the marketWastegate turbochargers are expected to hold the largest share (in terms of volume) in 2020, of the total turbochargers market.Wastegate turbochargers, being more economical than VGT type, Asia Oceania is estimated to showcase the most significant demand for this type of turbocharges, as the region prefers economic passenger cars (especially in countries such as China and India).However, owing to its better efficiency (than wastegate turbos) and new emission regulations, which are expected to be introduced in India and China in the coming years, the demand for VGT is likely to increase in Asian countries post-2020.Passenger car is estimated to be the fastest-growing segment in the Automotive Turbocharger MarketThe passenger car segment is expected as the largest market for automotive turbochargers as it contributes to more than 50% of the global vehicle production.With a change in fuel type from diesel to gasoline and advancements in 48V mild-hybrid cars, the demand for gasoline and electric turbochargers is projected to grow in the passenger car segment in the coming years.Asia Pacific: The region with the largest demand for automotive turbochargersAsia Pacific countries such as China, Japan, South Korea, and India are the largest vehicle producers globally.Considering the opening of manufacturing plants in China, global vehicle production would grow at a rate of 3.3% from 2020 to 2025.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919Factors responsible for the steady growth of the Automotive Turbocharger Market the post-2020 recovery of vehicle production are:Stringent emission norms - China VI, with its limits lower than Euro VI set to be implemented in 2020, and India’s BS-VI standards set to be implemented in 2020 (skipping BS V norms).The increasing popularity of TGDI - 50% of passenger cars are equipped with TGDI, and this rate estimated to grow further in the future.Other factors, such as increased fuel prices, will positively affect the turbocharger market.The key OEMs in this region include Brilliance Auto, Shanghai Automotive Industry Corporation (SAIC), Chery Automobile, Geely Automobile, Hawtai Motor Group, and Honda Motor Co., Ltd.
According to the new market research report "Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting and Region - Global Forecast to 2025", Automotive Lighting  Market size is estimated to be USD 27.0 billion in 2020 to USD 34.9 billion in 2025, at a CAGR of 5.3%.Rising disposable income has resulted in an increase in consumer spending capability to purchase premium vehicles, which, in turn, is expected to drive the growth of the market.In matrix LED headlights, the high-beam unit is made up of 25 individual segments.The small LEDs work in conjunction with lenses, and reflectors connected in series are activated and deactivated or dimmed individually according to the situation.Moreover, increasing sales of premium vehicles with pre-installed adaptive headlights, adaptive taillights, and ambient lights are expected to augment the growth of the segment further.Additionally, visual appeal is considered as a premium feature, and lighting is one of the vital parameters that add value to the visual appeal of the vehicle.Historically, vehicle production declined from 2017 to 2019, which also impacted the Automotive Lighting Market.Moreover, LED consumes less power in comparison to other technologies such as halogen and xenon.
According to the new market research report "ADAS Market by System (ACC, DMS, IPA, PDS, TJA, FCW, CTA, RSR, LDW, AEB, & BSD), Component (Radar, LiDAR, Ultrasonic, & Camera Unit), Vehicle (PC, LCV, Bus, & Truck), Level of Autonomy (L1, L2&3, L4, L5), Offering, EV, and Region - Global Forecast to 2030", Advanced Driver Assistance System Market size is projected to grow from USD 27.0 billion in 2020 to USD 83.0 billion by 2030, at a CAGR of 11.9%.The increasing adoption of ADAS & safety features, the focus of governments to enhance vehicle and pedestrian safety, initiatives by OEMs to provide advanced safety features, and the advent of autonomous vehicles will surge the demand for ADAS.Vehicle production was low in April 2020 in major European countries and the US due to the ongoing COVID-19 pandemic.Earlier, the ADAS Market was expected to witness rapid growth from 2022 onward as major safety regulations are outlined to be imposed, and deployment of autonomous driving systems was planned during the same timeline.OEMs are still skeptical about the recovery of vehicle sales to 2019 levels in 2020.The ADAS Market is dominated by global players such as Robert Bosch (Germany), Continental AG (Germany), ZF Friedrichshafen (Germany), Denso (Japan), Aptiv (UK), Valeo (France), Hyundai Mobis (South Korea), Veoneer (Sweden), Magna International (Canada).Startups: Luminar Technologies (US), ADASKY (Israel), Bright Way Vision (Israel), TriEye LTD (Israel).Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1201TPMS is expected to be the largest segment in the ADAS MarketA tire pressure monitoring system (TPMS) uses sensors to detect tire pressure levels and alert the driver when the tire pressure is low.Such large-scale regulation of TPMS has spiked its penetration in major automotive markets.Further growth of the TPMS segment will depend on increasing vehicle production and its implementation across all vehicle types, post-2022.LCV segment will be a key market for ADASLight commercial vehicles (LCVs) are most often used for last-mile distribution and personal travel.OEMs are also increasing investments in this segment to include more comfort features such as those in passenger cars in the LCV segment.An increase in safety awareness and demand for driving comfort among consumers will be prominent factors for the growth of the LCV segment in the advanced driver assistance system market.
According to the new market research report "Low-Carbon Propulsion Market by Fuel Type (CNG, LNG, Ethanol, Electric and Hydrogen), Mode (Rail and Road), Vehicle Type (Heavy-Duty and Light-Duty), Rail Application (Passenger and Freight), Electric Vehicle, and Region - Global Forecast to 2027", The global Low-Carbon Propulsion Market size is projected to grow at a CAGR of 21.5% during the forecast period, to reach 11,640 thousand units by 2027 from an estimated 2,980 thousand units in 2020.The prices of oils are highly uncertain and subject to international market conditions influenced by factors outside of the National Energy Modelling System, which is a major driver for the Low-Carbon Propulsion Market.The High Oil Price and Low Oil Price cases represent international conditions that could drive prices to extreme, sustained deviations from the reference case price path.But the revival of the situation by reopening production plants gradually is reducing the negative impact, and thus, the market is expected to grow in the coming years.Browse in-depth TOC on "Low-Carbon Propulsion Market"123 – Tables71 – Figures225 – PagesThe key players in the Low-Carbon Propulsion Market are Tesla (US), BYD (China), Yutong (China), Proterra (US), Nissan (Japan), Bombardier (Canada), Siemens (Germany), Alstom (France), Toyota (Japan), Honda (Japan), Hyundai (South Korea), MAN SE (Germany).Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=13593387  Light-duty is expected to hold the largest share in the Low-Carbon Propulsion Market during the forecast period.The light-duty vehicle segment is expected to be the largest market since these are used globally for maximum transportation within cities.Last-mile delivery vans and trucks are the most demanded vehicles due to the emergence of the eCommerce sector.Currently, Fiat Chrysler is the only light-duty OEM with a factory-built natural gas vehicle available in the US market—RAM 2500 CNG.Passenger, in the rail application segment, is estimated to be the largest market during the forecast periodAlternative fuel trains offer the benefit of cost-effective and efficient transportation of passengers as well as freight.Increasing urbanization and growing demand for increased connectivity, comfort, reliability, and safety will boost the passenger segment.Since all modes of public transports are suffering heavy losses due to limited operations during COVID-19, passenger rails and freight are also hard hit by the outbreak.
According to the new market research report "Electric Coolant Pump Market by Type (Sealed, Sealless), Sealless (Electrical, Magnetic), Power Output (100W), Vehicle Type (PV, 48V, CV, BEV, PHEV), Communication Interface (LIN, CAN, PWM), Application and Region - Global Forecast to 2027", Published by MarketsandMarkets™, The global Electric Coolant Pump Market size for electric vehicles is projected to reach USD 662 million by 2027 from an estimated USD 227 million in 2020 at a CAGR of 16.5% during the forecast period.The growth of Electric Coolant Pump Market size is influenced by factors such as stringency in emission norms, increasing sales of electric vehicles, and turbocharged engines.Therefore, the Electric Coolant Pump Market is expected to witness significant growth in the future.Browse in-depth TOC on "Electric Coolant Pump Market"133 – Tables62 – Figures199 – PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107390652  48V is expected to be the largest market in the vehicle voltage segmentAccording to MarketsandMarkets analysis, the 48V Electric Coolant Pump Market is estimated to be the largest during the forecast period.The growing demand for electrified buses and trucks is boosting the demand for electric coolant pumps globally.The growing popularity of BEVs and hybrid turbocharged engines is expected to give China a considerable boost in the Electric Coolant Pump Market.is expected to create favorable opportunities for the Electric Coolant Pump Market.The Electric Coolant Pump Market is dominated by globally established players such as Rheinmetall Automotive AG (Germany), Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Continental AG (Germany), and MAHLE GmbH (Germany).Browse Related Reports:Automotive Pumps Market by Type (Fuel Pump, Water Pump, Vacuum Pump, Fuel Injection Pump, Steering Pump, & Headlight Washer Pump), Technology, Displacement, Vehicle Type (PC, LCV, HCV), EV (BEV, HEV, PHEV, FCEV), Region - Global Forecast to 2027Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region - Global Forecast to 2027About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
According to the new market research report "Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region - Global Forecast to 2030" The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%The global autonomous truck market size is projected to grow from USD 460 million in 2024 to reach USD 1,550 million by 2030, at a CAGR of 22.4%.The growth of the semi-autonomous truck market can be attributed to the increasing road accidents, the need for efficient truck operations, and demand for ADAS features in the trucks.Government bodies across the world have started regulating the safety standards in trucks to reduce fatalities in road crashes.Factors such as shortage of drivers, companies eyeing a reduction in delivery & transportation cost, and increasing research and development in technologies such as V2X, 5G, connected trucks, ADAS, and platooning will drive the market for autonomous trucks in the forecast.The pandemic COVID-19 might benefit the autonomous truck market, as companies will be looking for autonomous options for delivering and shipping to the customers.The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan).On the other hand, Embark (US), Tesla (US), TuSimple (US), Caterpillar (US), and Waymo (US) are some of the companies that are focusing on developing autonomous trucks.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=224614273North America is expected to lead the global market during the forecast periodNorth America is the technology leader in autonomous technology.Tesla will enter the market soon with its ‘Cybertruck’ having all the semi-autonomous features and an optional autonomous driving feature as well.The last-mile delivery truck segment is expected to be the largest market during the forecastUsing autonomous last-mile delivery trucks can help companies save 40% of the total cost.Also, the shortage of human delivery driver/personnel and increasing e-commerce will be driving the autonomous truck market for last-mile delivery applications.
Post COVID-19, the report "COVID-19 Impact on Logistics & Supply Chain Industry Market by Industry Verticals (Automotive, FMCG, Healthcare, Energy & Utilities, Industrial Machinery & Equipment), Mode of Transport (Roadways, Railways, Airways, Maritime), Region - Global Forecast to 2021 ", published by MarketsandMarkets™, The global  Logistics Market size is estimated to be USD 2,734 billion in 2020 and projected to reach USD 3,215 billion by 2021, at a Y-O-Y growth of 17.6%.The market is driven primarily by the increasing demand for the supply of essential commodities.Browse and in-depth TOC on “COVID-19 Impact on Logistics & Supply Chain Industry Market”     18 – Tables06 - Figures60 - PagesThe Logistics Market is dominated by global players and comprises several regional players.E-groceries continue to meet the increasing demand for daily supplies by consumers.Amid the COVID-19 pandemic, Walmart Grocery application hit all-time high downloads in the US.Railways are estimated to have the second-largest Logistics Market share, by mode of transportLike roadways, railway transport too is relatively less affected when compared with waterways and airways.Amid the lockdown, countries have made sure that the mobility of doctors, sanity workers, and government employees is not hampered.For example, according to the Indian Railways, on an average, around 20,000 wagons of coal; 1,700 wagons of petroleum products; and 25,000 wagons are being loaded daily with essential commodities such as food grains, salt, edible oil, sugar, milk, fruits, and vegetables.
The report "COVID-19 Impact on Automotive In-Cabin Air Quality Improvement Solutions Market by Product Type (integrated HVAC system, air purifier/ionizer, ozone generators, Cloud-based Air Quality Monitoring System), Vehicle and Countries - Global Forecast to 2021" Post COVID-19, the Automotive In-Cabin Air Quality Improvement Solutions Market size is projected to reach USD 1,218 million by 2021, from USD 1,083 million in 2020, at a CAGR of 12.5%.The major factors driving the growth of the Automotive In-Cabin Air Quality Improvement Solutions Market include increasing demand for HEPA and activated carbon cabin filters from HVAC system manufacturers and OEM adoption of mask level cabin air filtration systems.Some of the major players in the Automotive In-Cabin Air Quality Improvement Solutions Market are Bosch (Germany), Denso (Japan), Valeo (France), MAHLE (Germany), Marelli (Italy), MANN+HUMMEL (Germany), Eberspächer (Germany) among others.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30204275Post pandemic demand for superior cabin air filters, cabin air filtration systems, and sterilization devicesPost pandemic, the demand for virus and bacteria protection inside the cabin will be more prevalent in the passenger car segment.Shanghai Automotive Industry Corp (SAIC) unveiled two new products based on deep ultraviolet (DUV) technology, which can be installed inside the vehicle.Another Chinese OEM, WM Motor, planned to upgrade its cabin air filtration system to add UVC cabin cleaning function.The manufacturer developed a multi-layer cabin filter with additional biofunctional coating along with particle filter layer and premium activated carbon layer.The biofunctional layer is made of polyphenols and has an antiallergenic and antimicrobial effect to protect occupants from allergens, bacteria, and mold fungi.Major automakers such as Ford, GM, Toyota suspended production in the North American region including the US.
Post COVID-19, the report "COVID-19 Impact on Ride-Sharing Market by Service Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Data Service (Information, Navigation, Payment) and Region - Forecast to 2021", published by MarketsandMarkets™, COVID-19 Impact on Ride-Sharing Market is estimated to be USD 75.39 billion in 2020 and projected to reach USD 117.34 billion by 2021, at a Y-O-Y growth of 55.6%.The Ride Sharing Market is dominated by global players and comprises several regional players.Some of the key players in the ride-sharing industry are Uber (US), Lyft (US), DiDi (China), Grab (Singapore), Gett (Israel), Ola (India), BlaBlaCar (France), Lime (US), and Herts (US).Corporate car sharing is expected to grow at the highest Y-O-Y growth in the global car sharing market during the forecast periodCorporate car sharing is a kind of mobility solution provided by employers to their employees for everyday commutation and specific business requirements.Thus, it is much easier to find co-passengers with ease and less waiting time.Corporate car sharing enables commercial businesses to reduce or eliminate private vehicle fleets by providing their employees access to shared cars.It offers many benefits to businesses such as flexibility to employees, lower fleet management costs, and less traffic on roads.They are eco-friendly, cheap, less time consuming, comfortable for short rides, and easily available.
According to the new market research report "Telematics Solutions Market by Service (ACN, eCall, RSA, Remote Diagnostics, Insurance Risk Assessment, Driver Behavior, Billing & Other), Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service, Region - Global Forecast to 2025" The Telematics Solutions Market is projected to reach USD 62.6 billion by 2025 from an estimated USD 29.9 billion in 2020 at a CAGR of 15.9% during the forecast period.The Telematics Solutions Market growth is governed by the increasing trend of in-vehicle connectivity solutions and government initiatives towards developments in intelligent transportation systems & connected cars.The market growth is also supported by the continual improvement in network infrastructure along with increasing technology acceptance among the consumers.Therefore, the Telematics Solutions Market is expected to witness significant growth in the future.Browse in-depth TOC on "Telematics Solutions Market"130 – Tables20 – Figures180 – PagesThe Global Telematics Solutions Market is dominated by major players such as Robert Bosch GmbH (Germany), AT INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US).Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245073008Fleet Management Market is expected to grow at the fastest CAGR by service segment.Fleet Management market is driven by the continuous increase in the demand for logistics and transport.Fleet management also helps in higher efficiency, consistent performances, and ultimately reduced costs.For instance, the installation of telematics systems and satellite positioning in commercial vehicles has been made mandatory by the Chinese government.In 2017, the Chinese Ministry of Industry and Information Technology (MIIT) and the Standardization Administration of China (SAC) issued a draft to establish national standards for China’s Intelligent & Connected Vehicles (ICV).
According to the new market research report "Commercial Vehicle & Off-Highway Radar Market by frequency (24-GHz & 77-81 GHz), component (LRR, S, Mono Camera, and Stereo Camera), vehicle (CV & Off-highway), Application (ACC, AEB, BSD, FCW & IPA) and Region - Global Forecast to 2027" The Commercial Vehicle & Off-Highway Radar Market is projected to grow at a CAGR of 27.4% during the forecast period, to reach USD 831 million by 2027 from an estimated USD 153 million in 2020.The demand for autonomous and safety features, real-time data monitoring, government mandates, and increasing accident cases will drive the overall market of radars for commercial & off-highway vehicles.The shift of the auto industry towards advanced technologies is expected to drive the growth of the Commercial Vehicle & Off-Highway Radar Market.However, the spread of coronavirus in 2020 will be showing an economic slow down in regions that will impact the automotive sector.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=182016868AEB is expected to hold the largest share in the commercial vehicle radar market during the forecast period.Increasing concern about the safety of passengers in commercial vehicles is the key factor in the demand for AEB.For instance, Euro NCAP offers a 5-star rating to a vehicle that has AEB as a standard feature.The study conducted by Euro NCAP and Australian NCAP found out that the application of AEB leads to a 38% reduction in rear-end crashes.Commercial vehicle, in-vehicle type segment is estimated to be the fastest-growing and the largest market during the forecast periodThe increasing trend towards autonomous driving in the commercial vehicle has been fueling the growth of the commercial vehicle radar market.
According to the new market research report "Automotive Tires Market for OE & Replacement by Rim Size (13-15, 16-18, 19-21,>21 inches), Replacement Market, by Aspect Ratio (70), Section Width (230 mm), Season, Vehicle Type, Retreading Market, and Region - Global Forecast to 2025" The tires replacement market is projected to grow at a CAGR of 1.8% to reach a market size of USD 113.1 billion by 2025 from 101.7 billion in 2019.There are certain key innovators gaining attention in the Automotive Tires Market including CODA Development (Czech Republic), Kumho Tires (South Korea), and Nokian Tyres (Finland).Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=40166492“Passenger cars to be the largest vehicle type in the Automotive Tires Market for OE and Replacement.”Passenger car vehicle type is expected to dominate the Automotive Tires Market for OE and Replacement.However, factors such as increased average replacement life of tires with the advancement in the technologies, and fluctuating raw material prices may hamper the tire demand in the aftermarket.“Light commercial vehicles to witness significant growth in the tires retreading market.”Retreading of tires has always been a popular concept with heavy commercial vehicles, but with time the potential benefits of using it for light commercial vehicles have been noticed.On the other hand, according to Retread Tire Association, for large SUVs, a new set of four tires cost for around USD 1,000.Almost 50% of the cost is saved by adopting retreading for light-duty vehicles.Thus retreading suppliers are now focusing on light-duty vehicle retreading along with certain tire manufacturers entering into the retreading business, such as The Goodyear Tire & Rubber Company (U.S.) which has more than 1,700 tire retreading and service centers for commercial vehicles.Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=40166492“Asia-Oceania to grow at the highest CAGR during the forecast period for tires OE and replacement market.”Asia-Oceania is estimated to dominate the Automotive Tires Market for OE and Replacement.
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According to the new market research report "Automotive Fuel Tank Market by Capacity (70 L), Material (Aluminium, Plastic & Steel), SCR Technology, CNG Tank Type (Type 1, Type 2, Type 3 & Type 4), Propulsion Type (Hybrid, Hydrogen, ICE & NGV) and Region - Global Forecast to 2027", published by MarketsandMarkets™, The Automotive Fuel Tank Market is estimated to be USD 20.5 billion in 2020 and projected to reach USD 27.4 billion by 2027, at a CAGR of 4.2%.The market is driven by increasing vehicle production, including passenger and commercial vehicles, demand for lightweight vehicles for achieving a longer driving range, government support for alternate fuels, stringent emission norms that require minimum GHG emissions, and government initiatives pertaining to hydrogen infrastructure.Browse and in-depth TOC on “Automotive Fuel Tank Market”                145 - Tables50 - Figures181 - Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23737735High-Density Polyethylene to be the most widely used material for automotive fuel tanks marketPlastic fuel tanks are principally produced using High-Density Polyethylene (HDPE).Plastic fuel tanks find application in almost every vehicle segment, including passenger cars, LCVs, and HCVs.As of 2020, plastic fuel tanks are estimated to account for the largest share, in terms of both volume and value, of the global Automotive Fuel Tank Market.Among all the three segments, the largest market is for fuel tank capacity with 45-70 liters as the vehicle production for sedans and mini SUVs is growing at a fast rate in Asian and European countries like Japan, China, India, Germany, France, and Spain.Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=23737735  Asia Oceania is projected to be the fastest-growing Automotive Fuel Tank MarketThe Asia Oceania region is the largest automobile producer, given the increasing demand for passenger vehicles in countries such as China, India, Japan, and South Korea.With this growth in vehicle production, the demand for automotive fuel tanks has increased in Asia Oceania.The key players in the Automotive Fuel Tank Market include The Plastic Omnium (France), Textron-Kautex (Germany), Yapp (China), TI Fluid (UK), Yachiyo (Japan), Unipres (Japan), Fuel Total Systems (Japan), Magna International (Canada), and SMA Serbatoi S.P.A. (Italy), and among others.These companies have followed supply contracts/agreements/partnerships/collaborations/joint ventures as key strategies to gain traction in the Automotive Fuel Tank Market.Browse Related Reports:Automotive Fuel Injection Pump Market by Type (Common Rail and Rotary Distributor), Application (Direct Injection and Multi-Point Fuel Injection), Pressure (Low Pressure and High Pressure), Vehicle (PC, LCV, and HCV), and Region - Global Forecast to 2025Diesel Exhaust Fluid Market by Component (SCR Catalyst, DEF Tank, Injector, Supply Module, Sensor), OHV Market by Application (Construction & Agriculture), Aftermarket by Vehicle Type, Supply Mode (Cans, IBC, Bulk & Pump), & by Region - Forecast to 2022About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
According to the new market research report "In-Vehicle Computer System Market by Application (Safety, Performance, Convenience, and Diagnostic), Offering (Hardware and Software), Vehicle Type (PC and CV), Memory Size (Up to 8 GB, 16GB, 32 GB and above), and Region- Global Forecast to 2025", published by MarketsandMarkets™, In-Vehicle Computer System Market is projected to grow from USD 565 million in 2020 to USD 980 million by 2025, at a CAGR of 11.6%.The increasing shift toward connected specialized vehicles and surveillance systems in public transit would drive the In-Vehicle Computer System Market.The demand for telematics-based vehicle management services is expected to rise with the growing preference for fleet optimization.Browse and in-depth TOC on “In-Vehicle Computer System Market”    166 - Tables52 - Figures187 - PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=951353648 GB memory configuration is expected to be the largest segment of the In-Vehicle Computer System MarketMost of the in-vehicle computer system manufacturers offer RAM configuration of up to 8 GB as base models.More such implementation of vehicle computers in emergency vehicles would drive the demand for vehicle computers with lower RAM configuration.Safety computers segment is expected to lead the In-Vehicle Computer System MarketThe safety computer segment is the largest due to the increasing focus on advanced safety features in upcoming vehicles.With growing concerns over road and traffic safety, OEMs are planning to add more ADAS features in upcoming vehicles.Driver distraction and drowsiness are the most common reasons for fatal road accidents.Such initiatives would escalate the demand for High-Performance Embedded Computing (HPEC) platforms.
The report "Automotive V2X Market by Connectivity (DSRC, and Cellular), Communication (V2V, V2I, V2P, V2G, V2C, and V2D), Vehicle (Passenger Car, and Commercial Vehicle), Propulsion (ICE and EV), Unit, Offering, Technology, and Region - Global Forecast to 2028", Automotive V2X Market is projected to grow at a CAGR of 44.2% to reach USD 12,859 million by 2028 from an estimated USD 689 million in 2020.The demand for safe and connected vehicles, increased EV sales, government regulations to curb emissions, and need to reduce traffic congestion are driving the overall automotive V2X market.OEMs, in collaboration with automotive V2X players, have installed V2X in their models, which is expected to drive the growth of the automotive V2X market.Browse and in-depth TOC on “Automotive V2X Market"          136 - Tables50 - Figures182 - Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90013236OBU is expected to hold the largest share of automotive V2X market, by unitThe increase in sales of vehicles equipped with V2X is the key factor driving the OBU segment, as every vehicle will be equipped with OBUs for V2X communication.OBUs are the main units used for all communications such as V2V, V2I, and V2P.ICE segment is estimated to be the fastest and largest automotive V2X market, by propulsionThe growth of the ICE segment is due to the fact that V2X directly helps in improving fuel economy, which further helps reduce pollution.The pollution caused by transportation is a major issue faced across the globe.In April 2019, Qualcomm Technologies partnered with Audi AG, Ericsson, SWARCO Traffic Systems GmbH, and the University of Kaiserslautern to demonstrate the world’s first cross-border C-V2X direct communication in San Diego, California.Browse Related Reports:Connected Car Market by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration, & Others), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware, and Region - Global Forecast to 2027Semi-Autonomous and Autonomous Vehicles Market by Level of Automation (Level 1, Level 2&3 & Autonomous Vehicles), ADAS Features, Components (AI, Radar, LIDAR, Camera, and Ultrasonic Sensor), Fuel Type (ICE, EV), and Region - Global Forecast to 2022 & 2030About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
The report "Automotive Fuel Cell Market by Component (Fuel Processor, Fuel Stack, Power Conditioner, Air Compressor, Humidifier), Power Output (250kW), H2 Fuel Station, Vehicle Type (PC, LCV, Truck, Bus), and Region - Global Forecast 2028", is estimated to be USD 13.6 thousand units in 2020 and projected to reach 932.6 thousand units by 2028, at a CAGR of 69.7%.The market is driven by fuel cell advantages such as better fuel efficiency than ICE vehicles, longer driving range than other electric vehicles, fast refueling time, zero greenhouse gas emissions, and government initiatives pertaining to hydrogen infrastructure.Browse and in-depth TOC on “Automotive Fuel Cell Market"  164 - Tables64 - Figures 289 - Pages  The key players in the market include Ballard Power Systems, Plug Power, Delphi Technologies, Doosan Corporation, Proton Power Systems PLC, and Hydrogenics, and among others.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14859789Passenger car segment to be largest in the automotive fuel cell market, by vehicle typeThe rising demand for personal mobility and increasing per capita income are driving the sale of passenger cars.Due to the high demand for passenger cars, large passenger car production capabilities, stringent emission norms, comparatively lower fuel cell production costs, and increasing investments by leading fuel cell manufacturers such as Ballard Power Systems, the passenger car segment of the automotive fuel cell market, by vehicle type, is projected to lead the market.The company announced in September 2019 that a fleet of these vehicles would be on the roads by 2022.Fuel Stack is projected to be the largest segment of the automotive fuel cell market, by componentThe fuel cell stack is an essential component of the fuel cell system.To generate more power and electricity, individual fuel cells are stacked.Europe has set a very ambitious goal of reducing 80% CO2 emissions by 2050 and created a roadmap for the same.The continuation and further strengthening of the program have been proposed under Horizon 2020, the new innovation investment package for 2014 to 2020.
The report "Electric Powertrain Market by Component (Motor, 12V, HV/48V Battery, BMS, 48V ISG, Controller, PDM, DC/AC Inverter, DC/DC Converter & Others), Type (BEV, MHEV, Series, Parallel & Parallel-Series), Vehicle Type, and Region - Global Forecast to 2027" The global electric powertrain market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9% The growth of the global electric powertrain market is influenced by factors such as stringency in emission norms, government initiatives toward popularizing electric vehicles, and developments in various powertrain components.According to Emission Analytics, the mass adoption of mild hybrids over BEVs is an effective solution to cut down emissions.To optimize costs and packaging, Hella developed a 48V power pack that combines a 48V battery, BMS, and DC/DC converter, making it easier to integrate into the existing vehicle architecture.Motor/generator is expected to grow at the fastest CAGR in the BEV powertrain component marketMotor/generator is estimated to be the fastest-growing segment in the BEV powertrain market.Various developments in motor/generators to improve the performance of the BEVs are also driving the BEV electric powertrain market.For example, Tesla Model S uses two motors, and Rimac Concept One uses four motors for improved performance.With the intention of curbing pollution and making China a manufacturing superpower, the Chinese government has already spent heavily on incentivizing and subsidizing electric vehicle sales.
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