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Showing posts from October, 2019

Body Control Module Market will reach 29.2 Billion USD by 2027

The report  " Body Control Module Market  by Functionality (High End & Low End), Component (Hardware & Software), MCU Bit Size (8 bit, 16 bit & 32 bit), Communication Protocol, Power Distribution Component, Vehicle, Electric Vehicle, and Region - Global Forecast to 2027"  The global body control module market is projected to grow at a CAGR of 2.6% to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. The major factors driving the growth of the market are the advent of body control functions in the vehicle and increasing sales of luxury vehicle. Browse 156 market data Tables and 52 Figures spread through 161 Pages and in-depth TOC on  "Body Control Module Market " Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38171423 By Functionality: High-end BCM is the fastest-growing segment of the body control module market during the forecast period High-end BCM are installed with higher co

Automotive Seats Market is Projected to Reach USD 73.03 Billion by 2025

The Automotive Seats Market is projected to grow at a CAGR of 2.51% during the forecast period, to reach USD 73.03 billion by 2025, from USD 60.30 billion in 2017. The base year considered for the study is 2017, and the forecast period is 2018-2025. Increasing vehicle production, especially SUV/MPV segment, coupled with increasing demand for premium vehicle sales loaded with luxury and comfort, are projected to fuel the demand for bucket seats with advanced technologies (heated, massage, ventilated, memory, and powered) and leather/synthetic trim materials. Alternatively, decreasing emission limits in emission regulations are projected to influence the materials used in seating components, leading to seating solutions made up of lightweight materials (Al, Mg, and carbon fibers). Increase in demand for premium and luxury vehicles to fuel the demand for modular seats The improving lifestyle and economic status lead to the change in consumer preferences across the globe. T he de

Automotive Diagnostic Scan Tools Market: PROGRESSES FOR HUGE PROFITS DURING 2025

The  Automotive Diagnostic Scan Tools Market , in terms of value, is projected to grow at a CAGR of 5.02% from 2018 to 2025. The market was valued at USD 35.37 billion in 2017. In this study, 2017 has been considered the base year and 2018 to 2025 the forecast period for estimating the market size of the market. The market is projected to reach USD 52.73 billion by 2025. The market report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the diagnostic scan tools market. Opportunities Growing demand for onboard diagnostic tools The demand for OBD testing has increased in recent years, owing to the self-diagnostic capability of OBD equipment. OBDs provide complete control over the engine. In addition to detecting vehicle faults, OBD tools also offer emission control by providing early warnings about potential component failure. The troubleshooting properties of OBD-II allow users or technicians to detect vehicle fault