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Showing posts from August, 2019

Acoustic Vehicle Alerting System Market 2019: An Overview To The Future Opportunities Over The Globe

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The Acoustic Vehicle Alerting System Market is projected to reach USD 5,615 million by 2027 from an estimated USD 425 million in 2019, growing at a CAGR of 38.1% during the forecast period, driven by the installation of AVAS in passenger cars and commercial vehicles. The growing sensitivity towards pedestrian safety is the primary factor responsible for the expected growth in this market. Electric vehicles, including BEVs, PHEVs, and FCEVs, are silent in operation because of the absence of engine and other moving parts. Hence, EVs can be a potential threat for traffic participants such as pedestrians and cyclists .   OEMs worldwide are investing in research & testing of different sound modules leading to continuous advancements in AVAS . For instance, In March 2019, Mercedes-AMG partnered with Linkin Park, the renowned music band, to create an artificial sound for its electric cars. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208

Artificial Intelligence in Transportation Market Global Outlook by 2030

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The Artificial Intelligence in Transportation Market is projected to grow at a CAGR of 17.87% during the forecast period from 2017 to 2030, and the market size is expected to grow from USD 1.21 billion in 2017 to USD 10.30 billion by 2030. The development of autonomous vehicles and industry-wide standards to implement safety features such as the adaptive cruise control (ACC), collision warning, lane-keep assist, and advanced driver assistance systems (ADAS) would trigger the growth of the artificial intelligence in transportation market. The transportation industry is currently going through a major phase of evolution with the introduction of autonomous trucks application. Autonomous trucks are self-driven vehicles that are capable of sensing the environment and navigate to the destination without any human intervention. Also, these vehicles can be operated through voice commands. The artificial intelligence and machine learning technologies such as deep learning, comput

Mobility as a Service Market Global Outlook by 2030

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The Mobility as a Service (Maas) Market is projected to grow at a CAGR of 31.7% from 2020 to 2030, and the market size is expected to grow from USD 6.8 billion in 2020 to USD 106.8 billion by 2030. MaaS offers efficient solutions to move traffic in a more convenient, faster, and less expensive manner. Also, the growth of the telecom sector, widespread penetration of smartphones on 3G, 4G, and upcoming 5G networks will facilitate the growth of this market. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/mobility-as-a-service-market-78519888.html Electric and autonomous vehicles will be the most advanced technology change that would change the MaaS business landscape. Mobility service providers are working on including autonomous vehicles in their services. Autonomous vehicles ride-sharing services will have 100% ownership with the service provider and the revenue will be generated directly by the company and not by the driver. The electric  vehicle i

Automotive Engine Encapsulation Market Size, Industry Share Forecast to 2020

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The Automotive Engine Encapsulation Market is projected to grow at a CAGR of 6.13% during the forecast period, to reach USD 6.30 billion by 2025. The market growth is primarily driven by factors such as the increase in demand for silent vehicles, the stringent emission norms for the automotive industry, and the rising demand for fuel-efficient, aerodynamically efficient, and stylish vehicles. Increasing stringency of emission norms and regulations has accentuated the need for vehicles that emit a minimum amount of CO 2 gas into the atmosphere. Several companies are carrying out R&D activities to develop advanced engine encapsulation systems to improve the efficiency of automobiles and reduce the emissions in the environment. The use of engine encapsulation helps automotive manufacturers to introduce a new solution that conserves the heat inside the engine and reduces CO 2 emissions. This is achieved by keeping the engine warm for a longer duration of time. A cold s

Automotive Relay Market Size, Share, Industry Forecast Report – 2022

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The  Automotive Relay Market  is projected to grow at a CAGR of 6.20% from 2017 to 2022 and is projected to reach USD 16.75 billion by 2022. The electronic and electrical applications in vehicles will continue to increase with increasing focus on safety, security, and emissions, thereby fueling the demand for the automotive relay market. View Detail TOC @   https://www.marketsandmarkets.com/Market-Reports/automotive-relay-switche-market-13970338.html  With the increase in electronic applications, there is an increased electrical loading, which needs more power for functioning. This has led to the introduction of the 48V architecture. The introduction of 48V architecture will bring changes in the relay voltage and power rating. The 48V architecture would increase the voltage, which would require smaller cross-sectioned wires. This would eventually reduce the contribution of the weight of wiring harness to the overall vehicle weight. A few of the relay manufacturers are now off

Automotive Robotics Market Size – Industry Share by 2021

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The global  Automotive Robotics Market  is estimated to be USD 5.07 billion in 2016, and is projected to reach USD 8.44 billion by 2021, growing at a CAGR of 10.74% from 2016 to 2021. Asia–Pacific is estimated to lead the market in 2016; articulated robots are key contributors to the automotive robotics market in the region. View Detail TOC @   https://www.marketsandmarkets.com/Market-Reports/automotive-robotic-market-262848440.html The key strategies adopted by players to gain traction in the global automotive robotics market are partnerships and collaborations. Partnership and collaborations accounted for approximately 41.0% of all the strategies adopted by companies from 2013 to 2016. For instance, in 2016, Comau entered into the partnership with INTRA Automation (Germany), which is a robotics distributor, in Spain. Comau had also signed a global cooperation agreement to develop and market solutions based on modular software and hardware designed to acquire and analyze dat

Bullet Train/High-Speed Rail Market Sees Promising Growth by 2025

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The  Bullet Train/High-Speed Rail Market  is projected to grow at a CAGR of 5.54% during the forecast period, to reach 5,287 units by 2025. The need for rapid mass transit to reduce traffic congestion and journey time with enhancing luxury has increased the demand for the bullet train/high-speed rail market globally. View Detail TOC @   https://www.marketsandmarkets.com/Market-Reports/bullet-train-high-speed-market-203819069.html The wheel on rail technology of bullet train/high-speed rail is expected to have the largest market share owing to its higher adoption rate by the bullet train/high-speed rail manufacturers. The growing expansion of high-speed rail infrastructure in the numerous countries across the regions is creating the need for the wheel on rail technology of bullet train/high-speed rail. The maglev technology of bullet train/high-speed rail is electro-magnetically propelled over the guideways and does not require rail tracks for its operation. This functioning o

Multi Camera System Market Sees Promising Growth by 2025

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The  Multi Camera System Market  is projected to grow at a CAGR of 19.13% during the forecast period, to reach USD 2,843.4 million by 2025. The increased emphasis of insurance companies on safety features and rise in trend of integrating additional safety features in the vehicle have led to the increase in demand for advanced driver assistance systems (ADAS) such as multi camera system in vehicles. View Detail TOC @   https://www.marketsandmarkets.com/Market-Reports/automotive-multi-camera-system-market-48423657.html The 3D display type of multi camera system technology will integrate a wider array of ADAS features into the vehicle. Technologically advanced markets such as North America and Europe are currently developing Level 3 and 4 vehicles. The development of Level 3 and Level 4 cars would act as a catalyst for the growth of ADAS such as multi camera system that provides real-time information. OEMs in these regions are working on the development of such technologies. By

Autonomous Emergency Braking (AEB) Market 2025 – Top Players Bosch, Continental, Denso

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The  Autonomous Emergency Braking (AEB) System Market , by value, is projected to reach USD 55.31 billion by 2025, at a CAGR of 22.23% from 2020 to 2025. Government mandates in European countries and US and rising safety concerns are the major reasons for the growth of this market. Increased consumer spending power across developing economies also contributes to the growth of autonomous emergency braking (AEB) system market. View Detail TOC @   https://www.marketsandmarkets.com/Market-Reports/autonomous-emergency-braking-system-market-126847071.html The autonomous emergency braking (AEB) system manufacturers are taking much efforts to increase the efficiency and reliability of these systems. The vehicles fitted with AEB systems are being crash-tested on a regular basis to evaluate the performance of these systems. Autonomous emergency braking (AEB) systems are being developed to operate at higher vehicle speeds and to reduce the time involved in object detection and automatic

Automotive Hydraulics System Market Competitive Dynamics & Global Outlook 2025

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Factors such as advanced vehicle safety technologies, government mandates regarding the active and passive safety of vehicles, infrastructural development in emerging economies have boosted the automotive hydraulics system market in recent years. The global automotive hydraulics system OE market was estimated to be USD 32.13 billion in 2017 and is projected to reach USD 51.37 billion by 2025, growing at a CAGR of 6.04% during the forecast period. The automotive hydraulics system market is dominated by a few global players. The key players in the automotive hydraulics system market are C ontinental (Germany), Schaeffler (Germany), BorgWarner (US), Aisin Seiki (Japan) and ZF (Germany). New product developments (NPD), expansions, collaborations, and joint ventures are the key strategy adopted by these players to gain traction in the Automotive Hydraulics System Market. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-hydraulics-system-market-11679

Container Handling Equipment Market Competitive Dynamics & Global Outlook 2025

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The Container Handling Equipment Market is projected to grow at a CAGR of 4.24%, during the forecast period, to reach a market size of USD 8.75 billion by 2025. Increased cargo transportation, growing use of automation technologies at port terminals, stringent emission levels resulting in the increased demand for electric and hybrid equipment, and the rising demand in Asia Pacific and the Middle East are the key factors driving the growth of the container handling equipment market. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/container-handling-equipment-market-239108007.html The container handling equipment market is dominated by a few global players and comprises several regional players. Some of the key manufacturers and suppliers in the container handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), an

Cargo Handling Equipment Market Size, Share, Industry Forecast - 2025

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The increased seaborne trade, growing trend of E-Commerce, and stringent emission regulations have impacted the cargo handling equipment market, which is projected to grow at a CAGR of 3.61%, during the forecast period, to reach a market size of USD 28.02 billion by 2025 from an estimated USD 21.85 billion in 2018. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/cargo-handling-equipment-market-90309268.html To handle the growing cargo volumes at airports and marine ports around the world, the cargo handling industry is shifting toward port automation in recent years. To increase productivity, terminal operators are looking for automated equipment as a solution. For instance, in September 2017, Kalmar was chosen by the Port of Virginia (US) to provide complete automation solutions and industrial drives totalling 86 automated stacking cranes at the Norfolk International Terminal (NIT) and Virginia International Gateway (VIG) facilities. Additionally