Posts

Showing posts from February, 2019

Timing Belt Market Latest Trends and Forecast to 2025

The Timing Belt Market is estimated to grow at a CAGR of 5.21% during the forecast period, to reach a market size of USD 9.22 billion by 2025. With global increase in vehicle production, especially in the passenger car segment, the demand for timing belts has grown globally. Also, owing to multiple benefits offered by timing chains as compared with belt system, several OEMs have started replacing belts with chains in many of their passenger car models. Stringent emission regulations and fuel efficiency norms have been introduced in many countries such as the US, Japan, and European countries. To meet the reduced emissions targets and increased fuel efficiency limits, OEMs are shifting their focus toward direct injection engines, particularly gasoline direct injection engines. According to International Council on Clean Transportation (ICCT), the direct injection engines can improve a vehicle’s fuel efficiency up to 3%. Owing to their compact size, most of the direct injection engine

Usage-Based Insurance Market Overview

The Usage-Based Insurance Market for automotive is estimated to be USD 28.43 billion in 2018 and is projected to reach USD 95.81 billion by 2025, at a CAGR of 18.95% from 2018 to 2025. The increasing number of vehicles with telematics and connected car services and a reduction in insurance premiums as compared to regular insurance are projected to drive the usage-based insurance market Technology start-ups to play an important role in the usage-based insurance ecosystem In the current market scenario vehicle insurance is dominated by larger insurance companies providing regular vehicle insurance. As the momentum shifts towards usage-based insurance models such as pay-as-you-drive and pay-how-you-drive, the integration of technology with the regular insurance model becomes very integral.   Usage-based-insurance heavily depends on telematics to capture driver data and analyses driving behavior to calculate insurance premiums. This is where multiple start-ups and new companies ha

Occupant Classification System Market Latest Trends and Forecast Growth Report to 2025

The global Occupant Classification System Market is projected to grow at a CAGR of 6.80% from 2018 to 2025, to reach USD 3.17 billion by 2025. The increasing awareness about safety in a vehicle has increased the demand for active and passive safety systems. As a result, the automotive industry has witnessed the increasing adoption of active and passive safety systems in a vehicle.  Passive safety systems inside the vehicle include airbags, seatbelts, whiplash protection system, and occupant classification system. Occupant protection system features such as airbags and seatbelts reduce the probability of death or severe injuries in a traffic mishap. Airbags in a vehicle have significantly improved the safety of occupants. Occupant classification system manufacturers utilize a good portion of their engineering resources to develop new products or improve existing passive safety systems for the automobile. All these developments are primarily focused on improving the overall safety of v

MOTOR LAMINATION MARKET BY APPLICATION, MATERIAL, TECHNOLOGY AND REGION - 2025

Asia-PAcific: DOMINATING the market for Automotive MOTORs from 2017 to 2022 Asia-Pacific is estimated to lead the Automotive Motors Market , by value, in 2017. It is followed by Europe, North America, and the Rest of the World (RoW). The study identifies China, Japan, and India as the key markets for the automotive motors market. Increased legislative measures regarding safety, coupled with rising demand for convenience while traveling, are fostering the growth of the automotive motors market in the Asia-Pacific region. The Asian countries have emerged as manufacturing hubs for many original equipment manufacturers (OEM), suppliers, and Tier 1 players. Automobile giants such as Honda, Toyota, and Hyundai, along with some Tier I and Tier II suppliers, have setup operations in this region to compete with passenger car manufacturers in the market. Several motor manufacturers such as Nidec Corporation (Japan), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan)

Train Battery Market Rise in Demand for Energy-Efficient Transport System

With increase in urban population, there is a rising demand for urban transport, especially metros, monorails, and light trains. Alternatively, the growing demand for luxury and comfort has increased the electrical applications in passenger coaches. All these factors together are projected to drive the demand for railway batteries in the coming years. The train battery market is projected to grow at a CAGR of 5.15% from 2018 to 2025. From a market size of USD 470.5 million in 2018, it is projected to reach USD 703.2 million by 2025. Rolling stock is a highly regulated industry and most of the countries have a regulator body that sets the standards for the battery type that can be used in trains. Adoption of new battery types such as lithium-ion would be slower in countries with nationalized rail network and few private players. Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/train-battery-market-6068646.html Lithium ion batteries: a promising batte

SUV Market by Production, Competitive Benchmarking, Demographics and Economy – 2020

The SUV & sub-compact SUVs market in terms of production, is projected to reach 30.2 million units by 2020, growing at a CAGR of 5.36%. The SUV & sub-compact SUV market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the low cost, compact size, stylistic design, and better manoeuvrability among others. (SUV) is a vehicle which can drive on on-road as well as off-road terrains as it is usually equipped with a four-wheel or all-wheel drive (AWD) and is built on a light truck chassis. The SUV is expected to have a passenger carrying space and are known for their high ground clearance, high centre of gravity, high H point, with boxy body. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21889098 Increase in Socio economic conditions to boost the SUV’s market The economic conditions in the U.S. have improved over the past five years. The country’s consumer confidence and aggregate

Automotive Pressure Sensors Market worth 8.84 Billion USD by 2025

The report " Automotive Pressure Sensors Market by Application (ABS, Airbag, TPMS, Engine, HVAC, & Transmission), Technology (MEMS, Strain Gauge, & Ceramic), Transduction (Piezoresistive, Capacitive, Optical, Resonant), Vehicle, EV, & Region - Global Forecast to 2025", The global automotive pressure sensors market is projected to grow at a CAGR of 9.70% from 2017 to 2025, to reach a market size of USD 8.84 Billion by 2025 from USD 4.21 Billion in 2017. The major factors driving the growth of the automotive pressure sensors market are the increasing installation of advanced driver assistance systems, stringent automotive safety and security norms introduced by the government, and rising preference of vehicle electrification among OEMs and Tier I suppliers. Browse 96 market data Tables and 74 Figures spread through 177 Pages and in-depth TOC on "Automotive Pressure Sensors Market " https://www.marketsandmarkets.com/Market-Reports/automotive-pres

Catalytic Converter Market by Type, Material, Aftermarket by Region - 2021 | MarketsandMarkets

The Catalytic Converter Market is projected to grow at a CAGR of 8.05% from 2016 to 2021, to reach a market size of USD 55.16 billion by 2021. Decreased emission limits in existing emission regulations and increased fuel efficiency targets are expected to drive the demand for catalytic converters during the forecast period. The implementation of Euro 6 regulations has decreased NOx limits to 0.08 g/kWh (for diesel light-duty) from 0.18 g/kWh in Euro 5. With these regulations, the smaller and medium size engines (<2L) would use Lean NOx Trap (LNT) and larger cars (>2L) would use Diesel Oxidation Catalyst (DOC) and Diesel Particulate Filter (DPF) along with Selective Catalytic Reduction (SCR). However, SCR being a more cost-effective and fuel-efficient technology, according to a group of industry experts, would be a preferred NOx control technology over LNT. The only limitation of SCR technology is that it requires additional space to fit the urea tank and dosing system. Hea

Auto Dimming Mirror Market worth 2.11 Billion USD by 2025

The Auto Dimming Mirror Marke t was estimated to be USD 1.64 Billion in 2016 and is projected to grow at a CAGR of 3.20% during the forecast period. The base year for the report is 2016 and the forecast period is 2017–2025. The global market is primarily driven by the increasing awareness about vehicle and passenger safety. Also, the trend of integrating additional features in rear-view mirrors has led to a rise in demand for auto dimming mirrors. OEMs have launched new variants in mirrors with advanced features for driver assistance. Objectives of the Study: To define, describe, and project the auto dimming mirror market by fuel type (BEV, ICE and others (hybrid))   To define, describe, and project the market by application of mirror (outer mirrors and interior mirrors)   To define, describe, and project the market by functionality (connected and non-connected dimming mirrors)   To identify the market dynamics including drivers, restraints, opportunities, and challenges

Automotive Wheel Market worth 50.54 Billion USD by 2025

The report " Automotive Wheel Market by Rim Size (13-15,16-18,19-21,>21 inch), Material (Steel, Alloy, Carbon Fiber), Off-highway (Construction & Mining, Agriculture Tractors) Vehicle Type, Vehicle Class, End-Use, and Region - Global Forecast to 2025", The automotive wheel market is projected to grow at a CAGR of 5.52% during the forecast period, from USD 32.87 Billion in 2017 to USD 50.54 Billion by 2025. Browse 93 market data Tables and 51 Figures spread through 151 Pages and in-depth TOC on "Automotive Wheel Market" https://www.marketsandmarkets.com/Market-Reports/automotive-wheel-market-254835180.html Early buyers will receive 10% customization on reports. The growing vehicle production and the rising demand for improved vehicle dynamics are expected to drive the automotive wheel market. The alloy wheel segment is estimated to be the largest segment in the Automotive Wheel  Market The alloy wheel is estimated to be the largest se

Automotive Windshield Market Latest Trends and Indications to 2025

The global Automotive Windshield Market is projected to grow at a CAGR of 6.28% from 2017 to 2025, to reach USD 23.24 billion by 2025. The automotive industry, one of the key contributors to the overall GDP of the world, is growing significantly over the years. As the demand for vehicles is growing, the demand for automotive components is also increasing significantly. Also, new vehicle model launches and increasing demand for premium and luxury segment cars have increased the demand for exterior components such as a windshield. The automotive windshield provides an efficient aerodynamic design, clear visibility, and protection from debris, unwanted particles, ultraviolet (UV) rays, and harmful radiation. A key innovation in the field of the automotive windshield is the smart windshield. Ongoing R&D in the field of smart windshield technology has prompted investments by private players as well as various governments. Due to their advantages, smart windshield technologies suc