Automotive and Transportation Research Reports

The automotive industry has witnessed a rapid evolution with continuous developments in engineering and technology. Technological advancements and the advent of disruptive trends such as connected, autonomous, and electric vehicles have proliferated the demand for electronics in vehicles. As a result, the demand for high-level testing is hugely required for the overall safety of these vehicles. The global  Automotive Test Equipment Market  size is expected to show growth at a CAGR of 4.1% from USD 3.0 billion in 2020 to reach USD 3.7 billion by 2025. Increasing vehicle production and stringent government regulations pertaining to vehicle testing are anticipated to boost the automotive test equipment market. Moreover, the major factors driving this growth are increasing vehicle production and rising electronic architecture in modern vehicles. In April 2020, Vector Informatik GmbH had launched Vector Remote D-PDU API, which is capable of Vehicle Diagnostics on the O...

The global Automotive Power Electronics Market is projected to reach USD 4.7 billion by 2025, from USD 3.8 billion in 2020, at a CAGR of 4.7%. The growth of the market is driven by the growing demand for added infotainment, telematics, convenient features and stringent safety mandates for a safer driving experience. The automotive power electronics market has promising growth potential due to several factors, including increasing use of mechatronics devices inside the vehicle, increasing consumer demand for added safety and entertainment features, vehicle electrification, improving vehicle connectivity and vehicle management.   Use of modern inverters also can create new revenue pockets for Tier I and Tier II suppliers in the context of electric vehicles. . Traction inverters are crucial components of the modern electrified automotive powertrain. Advances in power electronics have enabled lower-cost inverters with high reliability, efficiency, and power density, suitable fo...

The global Low-Speed Vehicle Market is projected to grow at a CAGR of 8.6% to reach a market size of USD 6.3 billion by 2025 from 4.2 billion in 2020The rising trend of using LSVs in gated communities, hotels, and resorts, industrial facilities, golf courses & college campuses and changing face of the transportation industry to drive the low-speed vehicles market is projected to fuel the demand of these vehicles. To respond to customer preference, the OEMs are developing low-speed vehicles with advanced & efficient systems. These developments are mainly found in Golf Carts and utility vehicles. For instance, Textron Specialized Vehicles announced the release of new models of its E-Z-GO Express personal transport vehicles, featuring the industry’s first 72-volt AC electric powertrain to provide users with more power, range, and performance. The car operates through an advanced battery management system that monitors the overall efficiency of the vehicles. Also, the growt...

The global Automotive Airbags & Seatbelts Market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. Increasing consumer preference for safety features in vehicles and advancement in passive safety systems are driving factor for the market growth . Moreover, stringent safety regulation for vehicles is expected to drive the market growth for automotive airbags and seatbelts. The automotive airbags & seatbelts market has promising growth potential due to several factors, including the improving road safety standards, supporting legislation, increasing consumer awareness, and rising disposable income in emerging economies. The rapidly growing vehicle population in China and India has increased the risk of road fatalities. Several countries in Europe and North America have introduced regulations that mandate the incorporation of airbags & seatbelts in passenger cars as well as com...