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Showing posts from October, 2020

Automotive Piston Pin Market Top Players | Industry Report 2027

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  The  Automotive Piston Pin Market  size is projected to reach USD 314 million by 2025, from an estimated USD 259 million in 2020, at a CAGR of 4.0%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. Factors such as substantial production and sales volumes of ICE vehicles, significant demand for high-performance vehicles, and growing trend of CNG, LNG, hybrid, and plug-in hybrid vehicles to drive the piston pin market during the forecast. In the piston pin market, by sales channel type, the OEM segment is projected to dominate the market during the forecast period. The key factor driving the OEM segment is that the number of piston pins is almost directly proportional to the number of ICE vehicles sold. All the new ICE vehicles sold by OEMs are already installed with piston pins and other necessary engine components. The majority of engine manufacturers are either manufacturing pins in-house or have partnered with piston pin manufacturers. Also, sin

Automotive Smart Display Market – Analysis with Ongoing Trends & Market Revenue

  The Automotive Smart Display Market is estimated to be worth USD 7.2 billion in 2020 and is projected to reach USD 10.9 billion by 2025, at a CAGR of 8.8% during the forecast period. The market is driven by increased customer awareness about road and vehicle safety, demand for improved consumer experience in vehicles, and high growth in the luxury and high-end cars segments, mainly in the emerging markets. Automotive smart displays help in two-way communication between a driver and a vehicle. Traditional automotive electronics included basic visual and analog interfaces, such as control buttons, analog and LCD instrument clusters, and basic central displays. However, modern automotive electronic components consist of multiple integrated advanced technologies that help create a seamless driving experience. Software providers play a vital role in the development of such advanced technologies. These providers help support the hardware part of these technologies by introducing innovat