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Automotive Simulation Market Research Report – Global Forecast till 2023
The global Automotive Simulation Market , according to the analysis by Market Research Future (MRFR), is slated to reach a substantial market valuation at a moderate CAGR over the forecast period. Drivers and Restraints The global automotive simulation market is anticipated to witness remarkable growth during the assessment period. The increasing production of automobiles is estimated to fuel the growth of the automotive simulation market. Additionally, preliminary design and evaluation of hybrid, electric, and conventional drive systems, including operating approaches and thermal management, are projected to enhance the growth of the automotive simulation market. Innovation and constant improvement have always been the core of the automotive industry. Vehicle manufacturers and component suppliers depend on simulation software to maximize productivity, support constant improvement, respond to changing customer demand, and reduce costs to align with the growing production program costs. The need for new and stimulating vehicle test applications that need high-performance equipment, more ground-breaking approaches, and new solutions is growing due to affected changes in the environment. Automotive simulator and its software elements are precise through real-time innovation and modeling systems that aid in relaxed configuration and management of the vehicle’s monitoring dynamics, and driver feedback through a graphical interface. The growing investments by automobile OEMs in evolving advanced vehicle technology such as smart electronics, safety-critical control software, and self-directed driving systems are attributed to the requirement for automotive simulation coupled with the improvement of fuel proficiency and emission reduction. Moreover, automotive simulation allows us to re-model diverse vehicle parts and deliver innovations faster through rapid virtual prototyping and testing for smart controls, energy efficiency, electrification, and light-weighting. Some of the major factors driving the market growth are increasing demand for environmental-friendly simulation program generators which incline to offer information at the macro level; designing simulators to control traffic, weather, pedestrians, wildlife, and other vehicles; and improvement in the analysis and comprehension of the decision-making processes in the assembly plants. Segmental Analysis The global automotive simulation market is segmented on the basis of application, deployment, end-users, component, and region. On the basis of application, the market has been segmented into mechanical, drive systems, and fluid power. On the basis of end-users, the automotive simulation market has been segmented into component suppliers, OEM, and research & engineering organizations. On the basis of deployment, the automotive simulation market has been segmented into on-premises and on cloud. On the basis of components, the automotive simulation market has been bifurcated into software and services. Regional Analysis On the basis of the region, the global market for the Automotive Simulation is analyzed in Europe, North America, Asia-Pacific, and the Rest of the World. The Europe region is assessed to account for the maximum market share over the evaluation period due to the growing production of automobiles. Additionally, significant adoption of cost-effective testing and simulating solutions by vehicle producers and component suppliers to drive the demand for automotive simulation market in this region. North America is predicted to grow at a significant rate in Automotive Simulation Market during the forecast period owing to developments and innovations inefficient solutions for simulating and testing of vehicles by substantial producers in the region. The Asia Pacific is projected to observe substantial growth during the assessment period due to growing automotive production in developing countries such as India, Japan, and China. Competitive Analysis The major market players in the global Automotive Simulation Market identified by MRFR include dSPACE GmbH (Germany), ESI Group (Germany), ANSYS, Inc. (US), Dassault Systèmes (France), MOOG INC. (US), PG Automotive GmbH (Germany), Siemens PLM (US) TESIS GmbH (Germany), and others. The major market players are changing their focus towards various profitable business strategies in order to withstand their expansion in the competitive dynamics of the global automotive simulation market. This is anticipated to upsurge the number of mergers, acquisitions and joint ventures in the market, subsequently contributing towards the overall market growth over the review period. Other Related Market Research Blog: Automotive Parking Sensors Market In-Car infotainment Market
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Global Automotive Parking Sensors Market Size to Expand at a Notable CAGR Of 7.5% During 2019 – 202310/25/2019 Automotive Parking Sensors Market Size to Expand at a Notable CAGR Of 7.5% During 2019 – 2023.
The global market for automotive parking sensors is gaining momentum across the world, owing to it its advantages that are catering to the automotive sector in significant ways. On this, Market Research Future has revealed in its study that the global automotive parking sensors market is expected to gain a notable growth rate during the forecast period (2019-2023), in its comprehensive study. The study further also involves the major driving factors promoting the growth, segments that share maximum growth and regional market analysis that dwells with overall market expansion status. The automotive parking sensors are the sensors mainly fitted either on the front, rear, or both ends of the vehicles, thus alerts the driver of obstacles during parking. Lack of parking spaces due to overcrowding has been the chief cause of its development, which is becoming popular at present. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7454 Market Drivers & Trends Safety for vehicles has become a significant concern among people owing to vehicle damage and more, which is why the automotive industry introduced the concept of parking sensors. The development of parking sensors is touted to be one of the successes with top-notch technological developments and thus aiming the market of parking sensors to achieve high valuation. The optimum utilization of parking sensors has also contributed to the market’s growth over the years, which is estimated to grow more in the forecast period. Apart from this, the factor of growing safety concerns has also prompted the automotive industry to mandate the pre-installation of parking sensors in vehicles, which is also largely contributing to the market’s growth. The developed countries, across the globe, are now offering world-class parking sensors along with screens in the dashboards connected to the camera, enabling the driver to have a clear view of the parking spaces. Therefore, getting thrust from it, the global automotive parking sensors market is ready to expand double-digit during its growth period. Furthermore, the rise in vehicles on roads and massive demand for parking sensors have also impacted the market to proliferate substantially in the coming years. On the flip side, factors such as an upsurge in cost of vehicles owing to additional features are touted to be a hindrance to the growth of this market during the forecast period, predominantly in cost-sensitive regions. Market Segmentation The global automotive parking sensors market, as per the study, is segmented by type, technology, sales channel, and vehicle type. In terms of type, the market includes sub-segments such as reverse parking sensors, front parking sensors, and many more. In terms of technology, the market splits into ultrasonic sensors, electromagnetic sensors, Infrared sensors, laser, and many more. In terms of the sales channel, the market splits into OEM and aftermarket. In terms of vehicle type, the market is gets split into passenger cars, LCV, and HCV. Regional Outlook The regional analysis of the global automotive parking sensors market includes regions, namely North America, Europe, Asia-Pacific, and the Rest of the World. North America is the front-runner when it comes to the parking sensors market during the forecast period. The rapid growth is mainly due to a surge in sales of mid and high-level cars, and intensifying population of baby boomers & resultant adoption of luxury cars by them are likely to propel parking sensors market growth. With these, the introduction of legislation compelling the OEMs to produce advanced systems is also powering the growth inevitably. Europe is currently holding a premiere shot and is estimated to have a significant market share in the coming years as it is lied by significant automobile manufacturing countries such as Germany and France. Also, in this region, the stringent regulations regarding pedestrian safety are mandatory for the people, which in turn, has compelled automotive OEMs to install safety features such as parking sensors in vehicles. The market for automotive parking sensors in the Asia Pacific region is witnessing the highest CAGR during the forecast period. It is due to emerging countries such as China and India, where demand, as well as the production of automobiles, always stay on the rise. High population is the reason for the non-occupancy problem of parking spaces, which has propelled the value of parking sensors, resulting in market’s progress at a higher rate. Apart from this, the rising disposable incomes and surge in middle-class population with awareness about vehicle and pedestrian safety have also played pivotal roles in the growth of the market in this region. Key Players The bulging players in the global automotive parking sensors market are listed as Robert Bosch GmbH (Germany), Aptiv PLC (Greece), Denso Corporation (Japan), NXP Semiconductors N.V. (the Netherlands), Valeo (France), Autoliv Inc. (Sweden), Gentex Corporation (U.S.), Continental AG (Germany), TGS Group (UK) and Murata Manufacturing Co., Ltd. (Japan) Other Related Market Research Blog: In-Car infotainment Market Automotive LED Lighting Market Geographically, the in-car infotainment market spans across Europe, North America, Asia Pacific
In-car infotainment market is a blend of numerous features that are integrated into cars. These features provide information, communication and entertainment services. In-car infotainment can be described as the complete section of navigation and climate control information. These types of systems are used for managing audio & video content, in addition to providing updates as well as information on traffic conditions along with weather forecast. Modern infotainment systems come with a variety of connectivity options such as Wi-Fi and Bluetooth, live media streaming service, smart technology for mobile integration and interactive voice recognition services, to name a few. Thriving smartphone industry coupled with aggrandized use of cloud technology has done wonders for the in-car infotainment market in recent years. The worldwide in-car infotainment market can note a double-digit growth rate in the years ahead, thanks to the rising use of high-performance interfaces, including human-machine interfaces (HMI), operating controls and control units. But, complexity of in-car infotainment devices could be a major stumbling block for the market during the review period. Having said that, these challenges will not have a significant effect on the market, given the rising opportunity within the market in the form of personalization facility. One of the latest trends in the in-car infotainment market includes the increasing integration of artificial intelligence which provides a virtual personal assistant that uses active voice command to guide drivers. Other than this, infotainment systems also help connect a vehicle with other vehicles backed by the Internet. Connected vehicles aid in accelerating vehicle safety, offering environmental benefits by curbing traffic congestion, and improving user experience in the car. Request Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/1153 Competitive Dashboard The players dominating the global in-car infotainment market include
Market Segmentation The market for in-car infotainment has been studied on the basis of segments like component, vehicle type, connectivity and installation. With respect to component, the market can be considered for software and hardware. The hardware section can be categorized into display units and audio units. Depending on the vehicle type, the market caters to light commercial vehicles, passenger cars, and heavy commercial vehicles. Connectivity-wise, the market can be broken down into V2V, mobile, and voice control. In terms of installation, the market includes original equipment manufacturers (OEMs) and aftermarket. Regional Insight The geographical distribution of the in-car infotainment market is considered for Europe, North America, Asia Pacific (APAC), and the rest of the world (RoW). Europe, out of all the regions, accounts for the largest share of the in-car infotainment market. Soaring demand for in-car infotainment within the automobile industry is one of the chief reasons for the said market growth. European Union has mandated telematics control in automobiles primarily in passenger cars, which could boost the growth of the in-car infotainment market in the region. North America is expected to have a substantial growth in the global in-car infotainment market, given the presence of a large number of renowned players including Ford motors. Ford motors recent partnered with Amazon for developing advanced infotainment systems. These kinds of marketing hacks adopted by players help the market reach greater heights in the region. Additionally, bigshots such as General Motors and Apple Inc. are working on enhancing the user experience with the use of infotainment systems. APAC could be the fastest-growing market in the coming years, thanks to the rising demand for luxury cars coupled with surging disposable income of people. India, China, and Japan are some of the most attractive markets for in-car infotainment in the region. Also, shift from basic audio systems to touchscreen infotainment systems with multiple features like Apple CarPlay, navigation, Telematics, Android Auto, etc. augment the demand for infotainment systems in the region. Other Related Market Research Blogs: Electric vehicle thermal management system market Automotive Throttle position Sensor market Electric vehicle thermal management system market Research Report – Global forecast till 2025
The electric vehicle thermal management system market could achieve a CAGR of 9% during the forecast period (2018-2025), ventures Market Research Future (MRFR). Primary Boosters and Top Restraints A thermal management system helps control the temperature of several systems present in vehicles. Soaring demand for e-mobility along with strict regulations with regard to fuel economy to bring down greenhouse emissions are expected to work in favor of the electric vehicle thermal management system market. Surging sales of electric vehicles also induce market growth across the globe. Rising awareness about driver comfort is projected to present the market players with a host of promising opportunities in the near future. Government initiatives also help boost the adoption of electric vehicles the world over. To illustrate, in September 2017, the Indian Ministry of Road Transport and Highways furnished a series of non-fiscal incentives, with the aim of ensuring that electric vehicles would account for close to 15% of overall vehicle sales over the next five years. Increasing adoption of power modules such as intelligent power module (IPM) in the automobile sector as well as burgeoning population stimulates market growth as well. Besides, improving economies of emerging nations add to the market strength to a great extent. Market Segmentation The electric vehicle thermal management system industry covers segments like system, component type, technology, application, and vehicle type. System-wise, the global market consists of heating, ventilation, and air conditioning (HVAC), powertrain cooling, fluid transport, and others. With regard to component type, the global market is considered for motor, battery, and cabin area. With respect to technology, the global market includes exhaust gas recirculation (EGR), active transmission warmup, reduced HVAC system loading, and others. In terms of application, the global market caters to air conditioning, engine cooling, waste heat recovery, heated steering, heated/ventilated seats, transmission system, and others. The types of vehicles covered in the report are hybrid, battery, and plug-in hybrid electric vehicle. Regional Insight The electric vehicle thermal management system market is spread across the primary regions of North America, Asia Pacific (APAC), Europe, and the rest of the world (RoW). In 2018, APAC was identified as the leading market for electric vehicle thermal management system. Europe and North America retained the second and third spot in the global market. APAC’s market growth has been formidable in recent years, given the immense surge in the production of e-vehicles as well as electric car battery cooling systems. This factor has led to high installation rate of thermal management systems in electric vehicles in the region. On top of this, the increasing electrification of vehicles could stimulate the demand for electric vehicle thermal management systems in the coming years. Soaring demand for safety features in vehicles combined with considerable investments by public and private players for the development of electric vehicle thermal management systems like integrated dual chargers and power inverters contributes significantly to the market in the region. North America has seized the second-largest share of the global market, thanks to the high funds spent on research and development for promotion of advanced vehicle technologies. The regional market also benefits from a large number of well-known thermal management system manufacturers like Dana Limited and BorgWarner Inc. and others. Besides, the United States (US) Environmental Protection Agency (EPA) along with Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has implemented fuel economy and greenhouse gas standards for vehicles. These standards are for all the automobiles, such as electric vehicles. The European Union (EU) furnished regulatory laws for vehicle emissions, with countries like the United Kingdom (UK) and France announcing timelines to create zero-emission zones. This helps create robust demand for thermal management systems in electric vehicles, benefitting the regional market in the process. Leading Vendors Some of the vendors that are currently leading the worldwide electric vehicle thermal management system market include MAHLE GmbH (Germany), Dana Limited (US), VOSS Automotive GmbH (Germany), BorgWarner Inc. (US), Robert Bosch GmbH (Germany), Valeo (France), Gentherm (US), Modine Manufacturing Company (US), Hanon Systems (South Korea), Denso Corporation (Japan), to name a few. Industry News September 2019 ION energy recently launched the latest cloud-based battery management platform called Edison Analytics. This platform makes use of a combination of machine learning, electronics, digital twin technology, and data analytics. Other Related Market Research Blog: Automotive Throttle position Sensor market Automotive Active Spoiler Market Automotive Throttle Position Sensor Market Research Report – Global Forecast till 2025
The global automotive throttle position sensor market is expected to exhibit a strong 6% CAGR over the forecast period from 2018 to 2025, according to the latest research report published by Market Research Future (MRFR). The global automotive throttle position sensor market is mainly driven by the growing demand from the automotive industry, the growing demand for the incorporation of electromechanical components in car designs, and the increasing demand for automatic transmission in cars. The growing global automotive industry is likely to be a major driver for the global automotive throttle position sensor market over the forecast period. The growing demand for passenger cars in emerging countries around the world has driven the demand for various automotive components, including throttle position sensors. The growing demand for personal ownership of vehicles is likely to be a major driver for the global automotive throttle position sensor market. The increasing incorporation of automotive electronics is also likely to be a key driver for the global automotive throttle position sensor market over the forecast period. Electronic systems rely even more on throttle position sensors than conventional systems run on hydraulics or other comparable engineering solution. This is likely to be a key driver for the global automotive throttle position sensor market over the forecast period, as the demand for electronic automotive components is likely to increase with the increasing demand for autonomous and connected cars. The growing demand for automatic transmission in cars is likely to be a key driver for the global automotive throttle position sensor market over the forecast period. Automatic transmission is being favored by car buyers due to its higher convenience than manual transmission systems and is likely to remain preferred over the forecast period, leading to a growing demand from the global automotive throttle position sensor market. Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/7596 Competitive Analysis: Leading players in the global automotive throttle position sensor market include CTS Corporation, Mitsubishi Electric Corporation, Sensata Technologies Inc., Infineon Technologies AG, Magneti Mirelli SpA, HELLA GmbH & Co., Denso Corporation, Robert Bosch GmbH, Delphi Technologies, and Continental AG. Key players in the global automotive throttle position sensor market are likely to focus on product development in the coming years, with the growing demand for electric vehicles and autonomous connected cars likely to bring about significant changes in the growth prospects of the automotive throttle position sensor market over the forecast period. Segmentation: The global automotive throttle position sensor market is segmented based on product type, vehicle type, sales channel, and region. On the basis of product type, the global automotive throttle position sensor market is segmented into potentiometer, socket, and comprehensive. On the basis of vehicle type, the market has been segmented into passenger cars and commercial vehicles. On the basis of sales channel, the global automotive throttle position sensor market is segmented into OEM and aftermarket. Regional Analysis: Asia Pacific is likely to hold the largest share in the global automotive throttle position sensor market over the forecast period due to the growing automotive industry in countries like Japan, South Korea, China, and India. The growing demand for automotive electronics in Japan and South Korea, as well as the leading role played by the Japanese car industry, in particular, in the technological development of automotive electronics, is likely to be a key driver for the global automotive throttle position sensor market over the forecast period. The growing demand for cars with automotive transmission in the urban areas in Asia Pacific is also likely to be a key driver for the automotive throttle position sensor market in this region over the forecast period. North America also holds a leading share in the global automotive throttle position sensor market and is likely to retain a significant dominance in the market over the forecast period due to the growing automotive industry in the region. Europe is likely to emerge as a key innovation and product development hub in the global automotive throttle position sensor market over the forecast period due to the presence of several leading car firms in the region. You may also be Interested in.. Automotive Active Spoiler Market Automotive LED Lighting Market Global Automotive Active Spoiler Market Research Report- Forecast 2023
The global active spoiler market is gaining prominence as it is expected to record its expansion at 6.9% CAGR, during the forecast period by 2023, asserts Market Research Future in its detailed study. The study provides an outline that includes comprehensive research on segments and growth factors that can significantly impact the market in the foreseeable future. The market is growing as the need for innovation and new developments in vehicles to end-user is going sky-high. It has become imperative for the automotive industry, across the world, to maintain the development in its applications. Get Free Sample of Automotive Active Spoiler Market At: https://www.marketresearchfuture.com/sample_request/6903 Market Drivers & Trends In the present era of technology and developments, active spoiler plays a pivotal role for dynamic adjustments of the vehicles to change the spoiling effect. Therefore, the market for active spoilers is growing at a steady pace owing to the factors such as increasing demand for enhanced aerodynamic performance of the vehicles, which leads towards innovative and new developments in automotive industry. With this, the increasing adoption of front and rear dynamic systems in automotive with the purpose of eliminating drag is also contributing to the market development. At the same time, other factors such as increasing downforce at high speed is also anticipated to boost the market for the automotive active spoiler in the coming years. It has been observed that frequent practice of active spoilers in the hyper car market, which is creating the demand for high-performance sports cars. Also, the wide range of applications of active spoilers in sports cars and passenger cars is presumed to augment the market demand for active spoilers. As an add-on, various types of materials of active spoilers such as ABS plastics, Fiberglass, Silicon, and Carbon fiber are used which makes it efficient in all its function. Therefore, among these the rising popularity of carbon fiber active spoilers, mainly in supercars for increased speed and performance is highly fueling the market’s growth, which would also increase during the assessment period. Furthermore, various advantages such as higher workability, strength-to-weight ratio, and corrosion resistance are also likely to widen the demand for carbon fibers, thus thriving the global active spoiler market during the assessment period. On the flip side, the factor such as the rising cost on automotive OEMs can be termed as the strong restraining factor in the market’s growth phase during the forecast period. Market Segmentation The global market for active spoilers, as per the study, has been segmented by type and material. In terms of type, the market splits into front spoiler market, lighted spoiler market, pedestal spoiler market, roof spoiler market, lip spoiler market. In terms of material, the market splits into ABS plastic, fiberglass, silicon, carbon fiber. Regional Outlook Region-wise, the global market for automotive active spoiler has been studied across the regions of North America, Europe, Asia-Pacific, and The Rest of the World. Among these, North America is recorded to acquire the significant market revenue share over the forecast period due to rising popularity for sports cars, which has led to an increase in sales of sports. With this, the implementation of active spoilers in passenger cars to provide a better appearance and aerodynamic advantages is also likely to boost the market growth during the forecast period. In the Europe region, some strict government fuel emission regulations have a firm grip for decent market share revenue followed by North America. The regulatory department of Europe started to implement CO2 emission reduction technologies which have created a positive impact on the OEMs therefore to produce a better fuel-efficient design. These factors are fueling the market’s growth in this region. Asia-Pacific is also a well-known vehicle manufacturing region, and the mindset of people in the countries from the region is undergoing a change and expects to grow during the forecast period. Key Players The well-known market players in the automotive active Spoiler market are listed as AUDI AG (Germany), Porsche AG (Germany), Lexus (Japan), McLaren (UK), Daimler AG (Germany), Bugatti Automobiles (France), BMW AG (Germany), Koenigsegg Automotive AB (Sweden), Pagani Automobili (Italy), and Ferrari (Italy). Industry News August 29 2019 McLaren 720S U.S. buyers got a carbon-fiber active rear spoiler for $9,717. The spoiler, which costs $9,717.07 featured a two year warranty and was matched to other existing visual carbon fiber exterior elements, like those from the Exterior Carbon Fiber Packs. You may also be Interested in.. Automotive Collision Avoidance System Market Automotive Shielding Market Green Tires Market Research Report – Forecast to 2023
The global green tire market is gaining momentum with grabbing a CAGR of 20.63% during the forecast period (2015–2019), reveals Market Research Future in its comprehensive study. The study comprises a detailed analysis of factors and segments that provide an in-depth analysis of the market and its growth aspects. Get Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/6340 Market Drivers & Trends The automotive industry has changed considerably in the last few decades and introduced many new innovatory things; one of them is a green tire. These tires are manufactured from renewable materials such as nylon rubber through a simple process without the requirement of massive energy. It is the increasing energy concerns; green tires are now in development in a substantial amount, which is promoting the global green tires market with a higher growth rate. In the current time, the adoption of environment-friendly raw materials is on the rise over the conventional products owing to optimum benefits such as lighter weight. Also, it requires less fuel and helps in lower the resistance. These factors are tremendously impacting market expansion, and it would also witness a lucrative growth rate during the assessment period. Other key factors driving the growth of the market are accounted as the increase in energy costs, stringent regulations, and surged environmental awareness regarding fuel consumption. On the flip side, the replacement of renewable raw materials with conventional products can eventually create a negative impact on braking performance. Also, the lack of awareness about green tires stays as a restraint to the market’s growth. Market Segmentation As per the study, the global green tire market is segmented by sales channel, vehicle type, and application. In terms of sales channel, the market splits into OEM and aftermarket, wherein, the aftermarket segment is anticipated to lead the market due to the amplified demand for energy-efficient transport options in many regions. In terms of vehicle, the market splits into a passenger car, commercial vehicle, and many others. Wherein, in 2017, the passenger car segment had the largest market share of 45.05% along with a market value of USD 23,696.6 million. Such a value is projected to reach USD 59,399.4 million by 2023, and this segment is expected to grow with the fastest CAGR of 17.67% during the forecast period. In terms of application, the market is categorized into on-road and off-road. The on-road segment had a larger market share of 85.85% in 2017, with a market value of USD 45,156.0 million where the value can rise to USD 1,25,072.0 million by 2023 and is expected to grow with the fastest CAGR of 19.70 % during the forecast period. Regional Outlook Regionally, the analysis of the global green tire market is done amongst key regions of North America, Europe, Asia-Pacific, and the rest of the world. Among these, North America grabbed the second largest market share global green tire market in 2017 due to the continuously rising demand for high-performance tires, especially for replacement tires. Such an increase is now expected to create lucrative opportunities for the green tire market during the assessment period. On the other hand, there has been an increase in the sale of passenger cars and commercial vehicles, stringent government regulations regarding tire labeling and emissions, which has boosted the growth substantially. Also, the increasing demand for fuel-efficient tires is anticipated to prompt several top green tire manufacturing companies to surge investments in North America during the forecast period. Europe is also anticipated to be the leading region in the green tire market due to the presence of leading global green tire manufacturers, such as Michelin, Continental AG, Pirelli & C. S.p.A., and Nokian Tires plc. These companies are offering low cost and technologically advanced green tires for growing their market share, and thus contributing to the surging use of green tires, throughout the region. Key Players The well-known players of the global green tire market are listed as Michelin, Bridgestone Corporation, The Goodyear Tire & Rubber Company, Continental AG, Hankook Tire, Pirelli & C. S.p.A., Cheng Shin Rubber Ind. Co. Lt. (Cheng Shin Tire), Kumho Tire, Zhongce Rubber Group Co., Ltd (ZC-Rubber), and Nokian Tyre’s plc. You may also be Interested in.. Wireless Electric Vehicle Charging Market Research Report – Global Forecast till 2023 Airless Tires Market Research Report – Global Industry Forecast To 2023 Wireless Electric Vehicle Charging Market Size To Expand at a Notable CAGR Of 21% During 202310/15/2019 Wireless Electric Vehicle Charging Market Size To Expand at a Notable CAGR Of 21% During 2018 – 2023
Growth of the electric vehicle segment is influencing the global wireless electric vehicle charging market. With growing number of electric and hybrid vehicle on road the need for effective charging systems has risen. Wireless electrics vehicle charging is innovative technology has tremendous market potential. Market Research Future in its latest study finds that the global wireless electric vehicle charging market is set to witness sound growth over the next couple of years. Wireless electric vehicle charging is more dynamic as compared to traditional wired charging systems. Advances in battery technology have had significant influence on the market. The battery systems that are being used by latest electric vehicles have high compatibility, which is partly driving the adoption of wirless electric vehicle charging. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1087 Increased government support to the electric vehicle sector in the form of subsidy and tax relaxation is creating growth avenues for the market. The rising sale of electric vehicles is a major market driver. Moreover, stricter emission regulations on combustion-engine vehicles is prompting a shift towards electric vehicles. Such factors are expected to make a positive impact on the market during the forecast period. Wireless charging technology is evolving fast, which in turn is increasing its viability. Such technological solutions are expected to shape the future of the automotive industry. However, wireless electric vehicle charging remains at a nascent stage with more technological developments on their way. Manufacturers are focusing on making their product cost-effective and energy-efficient. Global Wireless Electric Vehicle Charging Market: Segmental Analysis The segmental analysis of the market has been conducted on the basis of power supply range, charging type, charging pad, propulsion type, charging station, application, vehicle type and region. By power supply range, the market has been segmented into 50 KW and above, 20 to < 50 KW, 11to < 20KW, 7.7 to < 11KW, and 3 to <7.7 KW. By charging type, the market has been segmented into stationary wireless electric charging and dynamic wireless electric charging. By charging pad, the market has been segmented into vehicle charging pad, power control unit and base charging pad. By propulsion type, the market has been segmented plug-in electric vehicle and battery. By charging station, the market has been segmented into commercial charging station and home charging station. By application, the market has been segmented into aftermarket and OEM. By vehicle type, key segments include commercial EV and passenger EV. Global Wireless Vehicle Charging Market: Regional Segmentation On the basis of region, key market segments include Asia Pacific (APAC), Europe, North America and the rest of the world. The APAC wireless electric vehicle charging market is expected to remain highly attractive during the assessment period. China’s rise as a mega manufacturing hub for the global automotive sector has bolstered the prospects of various sub-markets including wireless electric vehicle charging. In Asia, countries such as Japan and China have emerged as the frontrunners in the electric vehicle segment, which them important destination for market players. Further, economic growth in several APAC countries has led to an increased sales automobile in the region, which is reflecting favorably on the market. Macroeconomic factors such as increasing per capita income, expanding middle-class population, industrial growth and rapid urbanization are also linked with the growth of the market in APAC. Global Wireless Electric Vehicle Charging Market: Competition Tracking Some of leading market participant mentioned in MRFR’s report include WiTricity (USA), Qualcomm, Inc. (USA), ELIX Wireless (Canada), Continental AG (Germany), BMW (Germany), Plugless Power (USA), ZTE Corporation (China), Toshiba Corporation (Japan), HEVO power (USA) and Nission (Japan). You may also be Interested in.. CNG vehicles Market Research Report — Forecast to 2025 Automotive Power Modules Market Research Report — Global Forecast till 2023 The automotive LED lighting market is segmented on the basis of position and adaptive lighting. The position segment consists front, rear, side and interior. The adaptive lighting is segmented on the basis of front adaptive lighting, rear adaptive lighting and ambient adaptive lighting. Adaptive headlights are helpful when driving on winding roads at night, during twilight, or in other low-light conditions. They can address many potentially dangerous situations. Adaptive headlights do not compensate for unsafe driving or poor road conditions. Drivers must still take extra precautions when driving at night, and should continue to use safe driving practices at all times.
The global automotive LED lighting market is expected to grow approximately at USD 20 Billion by 2022, approx.9% of CAGR between 2016 and 2022. Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/2703 Primary Drivers and Top Challenges The cost-effectiveness is of the most appealing qualities of an automotive LED, which boosts its demand in the market. This factor also facilitates the preference for automotive LED instead of conventional halogen automotive lamps. This aspect of the automotive LED also augments its demand in the economy cars segment, which works in favor of the market. High prevalence of automotive LED in interior automotive lighting has been noted all over the world. In terms of exterior automotive lighting, a noteworthy uptake of automotive LED has been observed in the premium and high-end vehicle segment. Besides, manufacturers are now making considerable investments in innovation centers as well as advanced technologies, further stimulating growth of the automotive LED market. Soaring demand for hybrid and electric vehicles is also elevating demand for automotive LED, as automakers are now focusing on attractive interiors which is a USP aspect of their products. Besides, governments of several countries now offer incentives for manufacturing of automotive LED in a bid to promote using energy-saving alternatives. Market Segmentation The worldwide automotive LED lighting market can be segregated on the basis of position, vehicle types and adaptive lighting. The position-wise segments covered by the report are front, rear, side and interior. The vehicle types mentioned in the report include passenger car, light commercial vehicle and heavy commercial vehicle (HCV). The adaptive lighting types are rear adaptive lighting, front adaptive lighting, and ambient adaptive lighting. Adaptive headlights note the highest demand in the market, since they are used while driving on winding roads during twilight, at night, or in low-light conditions. These headlights are able to alert the drive of any potentially dangerous situations. Regional Analysis The regional analysis of automotive LED lighting market is being studied for region such as Asia pacific, North America, Europe and Rest of the World (RoW). There is a high possibility of Europe and North America to collectively lead the LED lighting market, with respect to demand. Mounting sales of lightweight vehicles, expanding automobile industry and high focus on energy efficiency stimulates growth of the automotive LED lighting market in these regions. These regions are brimming with potential, given the introduction of latest technologies, such as organic LEDs (OLEDs) that generate homogenous light. In Europe, automakers like Jaguar are making use of automotive LED in their autonomous cars that have innovative applications. They are also trying to identify newer capabilities of automotive LED, which gives further push to market growth. Jaguar came up with a prototype autonomous vehicle that consists of two virtual eyes which makes eye contact with pedestrians so that their safety is ensured while crossing the road. Efforts of these types are providing significant boost to the automotive LED lighting market in North America as well as Europe. APAC is touted to be among the top contenders in the global automotive LED lighting market. The region provides numerous scopes to well-known participants, most of whom are based in India and China. These renowned companies can be seen harnessing the market potential in these counites and are striving to expand their business. One of the most effective ways that the players adopt to claim a better position in the market is by making considerable investments in the ever-expanding automotive industry. For instance, Lumiled and OSRAM are some of the top players that are constantly indulging in innovative marketing hacks that put them ahead of their rivals in the region. Top Vendors Top vendors in the worldwide automotive LED lighting market include Koito Manufacturing Co.Ltd (Japan), Stanley Electric Co.Ltd (Japan), Koninklijke Philips N.V. (Netherlands), Tata Motors Limited (India), Toyota Motor Corporation (Japan), Osram Licht AG (Germany), Mercedes-Benz (Germany), Zizala Lichtsysteme Gmbh (Austria), Hyundai Group (South Korea), Magneti Marelli S.P.A (Italy), among others. Related Reports: Global Automotive Camera Market Research Report- Forecast 2023 Electric Sports Utility Vehicle Market Research Report – Global Forecast till 2023 automotive cameras is segmented on the basis of types of cameras, applications, and vehicles.10/10/2019 Automotive Camera Market to Perceive Radical Growth by 2023
As per the report of Market Research Future (MRFR), the global automotive camera market is poised to register a market valuation of nearly USD 19 Billion by 2023, at a substantial 19% CAGR over the review period (2017-2023). Drivers and Restraints The global automotive camera market is driven by several influential factors such as the increasing demand for enhanced safety and visibility, owing to the growing prevalence of accidents caused by the limited vision. Additionally, the rising impact of new car assessment program (NCAP) and the increasing demand for luxury vehicles, followed by the growing scope of applications of sensory cameras in automotive advanced driver aid systems is also projected to fuel the market over the assessment period. Moreover, the rising demand for improved looks in passenger cars, coupled with the need for improved fuel efficiency in automobiles is also expected to contribute substantially towards the overall market share over the review period. Request Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/2948 Segmental Analysis The global market for automotive cameras is segmented on the basis of types of cameras, applications, and vehicles. The types of cameras available in the global automotive market include infrared, digital, and thermal, among others. The wide range of applications of automotive cameras consists of adaptive cruise control, blind-spot detection, driver monitoring, lane departure warning, night vision, park assist system, pedestrian detection, road sign recognition, among others. The types of vehicles operating in the market are passenger vehicles and commercial vehicles. Regional Analysis Based on the region, the global automotive camera market has been segmented into Europe, Asia Pacific, North America, and lastly, the rest of the world. The North American market for automotive cameras is expected to acquire the leading market share over the review period. This is attributed to the technological advancements taking place in the established IT and telecommunications industry in the region, which is offering superior digital devices for other verticals, including automotive. The presence of key market players, stable economic dynamics, along with the relatively higher standard of living of the consumers, are contributing towards the demand for superior automotive vehicles, consequently driving the automotive camera market growth over the review period. The Asia Pacific region, one of the major markets for automotive cameras, is expected to record the fastest growth across the globe, over the review period. The exemplary growth in the Asia Pacific region is attributed to various driving factors such as the established automotive industry in the region, which is the most lucrative automotive industry across the globe. Moreover, the developing transport infrastructure, along with demand for enhanced safety and visibility features in automobiles is expected to contribute substantially towards the Asia Pacific automotive camera market over the review period. Competitive Landscape The key market players acknowledged by MRFR in the global automotive camera market are ADA-ES Inc. (U.S.), Denso Corporation (Japan), Allied Vision Technologies (Germany), Autoliv, Inc (Sweden), Balluf (Germany), Delhi Automotive PLC (U.K.), Valeo S.A. (France), Robert Bosch GmBH (Germany), Basler AG (Germany), TRW Automotive (U.S.), among others Industry News September 2019: Foresight Autonomous Holdings, a leading provider of automotive vision systems, signed a strategic collaboration agreement with a Chinese corporation, Wuhan Guide Infrared, for the development, distribution, and marketing of Foresight’s products along with integrating Guide Infrared’s solutions. September 2019: Hitachi Automotive Systems, leading Japanese market player, announced that its stereo camera, which enabled the detection of pedestrians at night, was implemented by Suzuki, a global automotive giant, for its Carry light-duty pickup truck. Hitachi stated that the Carry was the first light pickup truck with a stereo camera night-time detection ability. |