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Showing posts from February, 2020

Torque Converter Market Trends Estimates High Demand by 2025

The Torque Converter Market is driven by the high penetration of Automatic Transmission (AT) in mid- and premium segment cars. Also, the increasing penetration of Continuously Variable Transmission (CVT) in mid-level vehicles is expected to drive the market in developing countries. The increasing demand for luxury, comfort, and convenience is driving technological advancements in the market. The torque converter market is estimated to be at USD 5.90 Billion in 2016 and is projected to reach USD 9.88 Billion by 2025, at a CAGR of 5.78% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11286289 The market is segmented by transmission type into AT, Continuously Variable Transmission (CVT), and Dual-Clutch Transmission (DCT). The CVT, although fuel-efficient, has poor acceleration compared with AT. Torque converters provide a better acceleration in CVT vehicles which solves a major problem of CVT vehicles. With the incr

Automotive Pressure Sensors Market Predictions Exhibit Massive Growth by 2025

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The  Automotive Pressure Sensors Market  is estimated to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 billion by 2025. The most significant factor driving the automotive pressure sensors market is the increasing vehicle production, which is leading to a rise in demand for advanced pressure sensors in the automobile. The rising trend of vehicle electrification and growing demand for advanced safety, convenience, and comfort systems are some of the other factors driving the growth of the automotive pressure sensors market. Increased demand for high-end vehicles and growing stringency of emission regulations have changed the market dynamics for automotive pressure sensors manufacturers. In addition, the leading OEMs are also collaborating with local players to expand their product portfolio and customer base. For example, in June 2017, NXP collaborated with Elektrobit, a leading developer of embedded and connected technology solutions, to develop a ne

Overhead Catenary System Market Predictions Exhibit Massive Growth by 2025

The Overhead Catenary System Market  was valued at USD 21.85 billion in 2017 and is projected to reach USD 46.94 billion by 2025, at a CAGR of 9.09% during the forecast period. The overhead catenary system market for electrified track length in operation is projected to grow at a CAGR of 6.55% during the forecast period, from an estimated market size of 232.6 thousand miles in 2018 to 326.7 thousand miles by 2025.  The overhead catenary system acts as the contact line technique for the transmission of electrical power to the trains. It is also called overhead lines equipment, overhead contact system, and overhead wiring in the rail industry. Thus, the combination of pantograph and catenary system is responsible for transferring electrical power to the train for its operation at varying speeds. The major characteristics of the system are its reliability and safety for the transmission of power supply. The overhead catenary system market is expanding with the development of the ra

Automotive Power Electronics Market Greater Revenue Share by – 2022

The Automotive Power Electronics Market is expected to reach USD 5.49 billion by 2022, at a CAGR of 4.48% between 2017 and 2022. The most significant factor driving the automotive power electronics market is the increasing vehicle production which, in turn, is leading to the rise in demand for the installation of power electronic components in the automobiles. The rising trend of vehicle electrification and the growing demand for advanced safety, convenience, and comfort systems are the other factors driving the growth in the installation of the power electronic components in the automobiles. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-power-electronics-market-226516353.html The increased demand for high-end vehicles and the growing stringency of emission regulations have changed the market dynamics for automotive power electronic component manufacturers. Along with this, the leading OEMs are also adopting collaboration strategies with lo

Timing Belt Market Predictions Exhibit Massive Growth by 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 e