Automotive and Transportation Research Reports

Based on MarketsandMarkets analysis, the Automotive Wheel Market is projected to grow at a CAGR of 5.52% from 2017 to 2025. The market for automotive wheels is estimated to be USD 32.87 billion in 2017 and is projected to reach USD 50.54 billion by 2025.The increasing vehicle production and demand for improved vehicle dynamics are the key factors driving the automotive wheel market. Also, the rising demand for fuel efficiency is pushing original equipment manufacturers to switch to lightweight materials. This upcoming trend is supporting the growth of automotive wheels. OEMs and Tier-1 manufacturers are extensively investing in R&D activities to develop new technologies to gain traction in the business landscape. The key objective of these technologies is the reduction of vehicle weight, which helps to improve fuel efficiency and vehicle dynamics . For instance, carbon fiber, which is 20% stronger and 20% lighter as compared to the available alloys, is the new material used...

The Global Automotive Hydraulics System 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. 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 Automotive Hydraulics System Market is dominated by a few global players. The global Automotive Hydraulics System Market is segmented by application, OE component, on-highway vehicle, off-highway vehicle, aftermarket component, and region. The report discusses four automotive hydraulics system applications, namely, hydraulic brakes, clutch, suspension, and tappets. Hydraulic brakes segment accounted for the largest market shares in the market by application and is estimated to grow with the highest CAGR during the forecast period fol...

The Automotive   Acoustic Materials Market is estimated to grow at a CAGR of 6.99% during the forecast period, to reach a market size of USD 2.93 billion by 2022.The rising demand for interior cabin comfort features, stringent vehicle noise regulations, growing vehicle production, and increasing premium vehicle sales have resulted in the growth of the acoustic materials market. View Detail Toc @ https://www.marketsandmarkets.com/Market-Reports/acoustic-material-market-193996894.html The acoustic materials are derived from natural fibers such as felt fibers, coir fibers, and bio-based polyurethane . These fibers are derived from natural sources such as sugarcane, soya, cotton, and jute. These nonconventional acoustic materials are eco-friendly, economical , and recyclable. Owing to these advantages , the naturally derived acoustic materials are expected to be preferred over conventional acoustic materials. A few of the material suppliers such as CTA Acoustics (US) an...

The Antifreeze Market for the automotive industry was valued at USD 688 million in 2016, and is projected to grow at a CAGR of 5.18% during the forecast period. Increasing vehicle production, especially SUV & light truck segment and recent growing trend in trucks & buses segment in countries such as India are the key reasons driving the demand for OE market for antifreeze. Growing vehicles in operation and increased miles travelled per year is estimated to drive the demand for antifreeze in aftermarket segment. “Passenger cars are expected to witness the highest demand for antifreeze” According to OICA, the production of passenger cars around the globe has grown from 68.6 million units in 2015 to 72.1 million units in 2015 at a rate of 5.1%.   The increased sales of passenger cars is due to the improved standard of living and per capita income in various countries. According to Trading Economics statistics, the U.S. GDP per capita increased from USD 50,727.8 in ...

The Auto Dimming Mirror Market is projected to grow at a CAGR of 3.20% from 2017 to 2025, to reach a market size of USD 2.11 b illion by 2025. Factors such as increasing awareness about passenger and vehicle safety and trend of integrating additional features are expected to drive the demand for auto dimming mirrors during the forecast period. According to Federal Motor Vehicle Safety Standards (US), all cars are required to have side- and rear-view mirrors. The Alliance of Automobile Manufacturers has filed a petition to update these standards and allow them to replace side mirrors with cameras. If the National Highway Traffic Safety Administration (NHTSA) allows the replacement of side mirrors with the camera , it will change the landscape of the automotive mirror industry in the US. Changes in the European regulation allow mirrorless cars for road testing purpose. Likewise, Japanese regulators have approved the use of camera technology to replace mirrors on ca...

The global Automotive Bushing Market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% during the forecast period. The growth of the automotive bushing market is influenced by factors such as increasing vehicles production and sales. The governments of several countries have made stringent regulations for the use of basic safety products such as seatbelts and airbags. In the US and Europe, the governments have already implemented regulations related to safety features that are mandatory for all vehicles and are thus followed by automakers. The inclusion of advanced safety features and a rise in demand for ride quality will create several opportunities for automotive bushing suppliers. It will increase the demand for bushings in the automotive industry. The Asia Pacific region is estimated to be the fastest growing market, in terms of value, for automotive bushings. Significant growth in the total sales...

The Automotive Simulation Market is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 2.9 billion by 2025, at a CAGR of 11.1% during the forecast period. Increasing focus on R&D activities and rapid technological changes owing to the changing government norms for vehicle safety are projected to drive the market. The study involves four main activities to estimate the current size of the automotive simulation market. Exhaustive secondary research was done to collect information on the market such as the use of simulation software in various applications and by various end users. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. A top-down approach was employed to estimate the complete market size of different segments considered in this study. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242816468 The regulatory bod...

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 star...

The Automotive Differential Market size, by value, is estimated to be USD 22.52 billion in 2018 and is projected to reach USD 30.17 billion by 2025, at a CAGR of 4.27% from 2018 to 2025. The increase in demand for light commercial and heavy commercial vehicles, increased investment in infrastructure to boost the demand for construction equipment, and hence, the differential has led to the growth of the automotive differential market. The decreased emission limits and increased fuel efficiency limits have fuelled the demand for hybrid vehicles such as HEVs and PHEVs, which in turn is expected to have a significant impact on the global differential market. These vehicles mostly come under luxury and premium segment and hence, require advanced differentials such as limited slip differential (LSD), electronic LSD, and torque vectoring differential. Also, these hybrid vehicles come with all wheel drives which is also the major driving factor for the differential market. Torque vec...

The Automotive Shielding Market is projected to grow at a CAGR of 7.33% during the forecast period, to reach USD 12.24 billion by 2025. The rising demand for luxury and commercial vehicles, rising electromagnetic compliance requirements, and increasing sales of electric vehicles have led to an increase in the demand for automotive shielding.   Automotive shielding helps to increase fuel efficiency and reduces emissions. The Automotive Shielding Market is divided into two parts—heat shields and EMI shields. The heat shield protects the vehicle body and other components from excessive heat generated by the internal combustion engine and the exhaust system of the vehicle. Whereas, EMI shields are used in electronic devices to eliminate electromagnetic interference (EMI). Electromagnetic interference (EMI) is the disturbance created by external sources such as electronic devices, which affects the electrical circuitry. Technological advancements and regulations to reduce emi...

According to MarketsandMarkets analysis, the Automotive Wheels Aftermarket , by volume, is estimated to reach 29.9 million units in 2018 and projected to grow at a CAGR of 4.07% during the forecast period. The major factors driving this growth are increasing vehicle sales and cost-effective pricing. The heavy investments in R&D by wheel manufacturers worldwide in the aftermarket has led to continuous advancements in wheel technologies. The growing trend of using lightweight materials and continued improvement of vehicle dynamics are among the major factors responsible for the expected advancements in the automotive wheel’s aftermarket. The global wheels aftermarket is expected to show growth at a CAGR of 3.53% from USD 3.5 billion in 2018 to reach USD 4.5 billion by 2025. The continuous growth in the use of advanced materials and new compositions in wheels by manufacturers and OEMs is further anticipated to boost the automotive wheels aftermarket. In 2018, BORBET introduced...

The Mining Equipment Market is projected to grow at a CAGR of 5.40 % from 2018 to 2025. From a market size of USD 77.7 billion in 2018, it is projected to reach USD 112.3 billion by 2025. With the increase in urban population, there is a rising demand for commodities, especially in developing regions. The recent increase in commodity prices has made mining profitable, which is driving the market for mining equipment. The stringent emission regulations to be implemented in North America, Europe, and Asia Oceania are expected to increase the sales of new mining equipment. All these factors together are projected to drive the demand for mining equipment in the coming years. Emission regulations to increase the demand for new mining equipment The stringent emission regulations for off-Highway engines in Europe, North America, and Asia Oceania are expected to increase the demand for new mining equipment during the forecast period. The emission norms in North America and Europe ar...