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Showing posts from March, 2021

How is the global Overhead Catenary System Market shaping up? What role has COVID-19 played in the market?

  The report  " Overhead Catenary System Market  by Catenary Wire (Simple, Stitched, Compound), Train (Metro, Light Rail, High-Speed Rail), Voltage (Low, High), Component (Catenary Wire, Dropper, Insulator, Cantilever), Material, Track & Region - Global Forecast to 2025" , The overhead catenary system market, by catenary type, is estimated to be USD 25.53 billion in 2018 and is projected to reach a market size of USD 46.94 billion by 2025, growing 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. Browse 37 market data Tables and 58 Figures spread through 153 Pages and in-depth TOC on  "Overhead Catenary System Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264109804 The major facto

Automotive Steering System Market to Witness Astonishing Growth by 2025

  The global Automotive Steering System Market is projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a CAGR of 4.7%. However, the halt in vehicle production across the region has impacted the automotive steering system market. Despite this, owing to an increased installation of electric power steering (EPS) in passenger cars and light commercial vehicles and increasing demand for comfort features in vehicles, the market is expected to recover during the forecast period. The automotive steering system market is estimated to observe a decline post-COVID-19 due to the impact on vehicle production . The growth of this market is primarily driven by the stringent emission norm and increasing demand for comfort features provided by EPS system in passenger car and light commercial vehicle. Stringent emission norms in countries like China and India are pushing OEMs to opt for EPS over EHPS and HPS systems owing to the advantages offered by EPS, such as fuel efficie

EV Charging Cables Market– Analysis with Ongoing Trends & Market Revenue

The report " EV Charging Cables Market by Power Supply Type (AC, DC), Application Type (Private Charging, Public Charging), Length (2 Meters to 5 Meters, 6 Meters to 10 Meters, Above 10 Meters), Shape , Charging Level, Region - Global Forecast to 2027" The global EV charging cables market is projected to grow at a CAGR of 31.8%, to reach USD 1,808 million by 2027 from an estimated USD 198 million in 2019 Factors such as increasing adoption of electric vehicles, rapid development of electric vehicle supply equipment, and increasing demand for fast charging cables would drive the growth of the market. Public charging is the fastest growing segment during the forecast period. Public charging stations are installed at taxi stands, highways, government offices, parking lots of commercial properties, hotels, airports, and shopping malls. These charging stations have a high voltage and can charge a vehicle in the least possible time. To increase the adoption of electric vehicle

Automotive Software Market to Witness Astonishing Growth by 2025

  The global Automotive Software Market size is projected to reach USD 37.0 billion by 2025 from USD 16.9 b illion in 2020, at a CAGR of 16.9%. The growth of the market is driven by upcoming safety regulations, increase in demand for vehicle management and fuel-efficient vehicles. Increasing focus on active safety systems and car assessment programs would drive the demand for ECUs in modern vehicles. Increasing number of ECUs will drive the market for automotive software. The increasing number of accidents due to distraction and alcohol-impaired driving fatalities has become a major concern for lawmakers. In 2018, out of total 36,560 fatalities in the US, 10,511 were alcohol-impaired. Distraction affected fatalities reached 2,841 in the US in 2018, accounting for 7.8% of the total casualties for the year. Such instances have sparked the demand for advanced safety features such as driver monitoring systems, automatic emergency braking, lane departure warning, and many others. In ad

Military Truck Market to Register Substantial Expansion by 2027

  The report " Military Truck Market by Application (Cargo/logistics, Troop, Utility), Axle (4x4, 6x6, 8x8), propulsion (Electric, Gasoline, Diesel), Truck (Light, Medium, Heavy), Transmission (Automatic, Semi-Automatic, Manual), and Region - Global Forecast to 2027" The global military truck market is projected to grow from 15,677 units in 2019 to 20,171 units by 2027, at a CAGR of 3.2%. The growth of the military truck market is driven by the rising number of army manpower, continuous increase in the defense budget, government focus on securing cross borders, and procurement of military equipment. Cargo/logistics is expected to be the largest segment of the market The cargo/logistics segment is expected to be the largest market during the forecast period. Military cargo/logistic trucks are designed for all heavy terrains. The advantage of these trucks is efficiency in the off-road environment. Cargo box storage area of military trucks depends on the demand of axle co

CNG and LPG Vehicle Market– Analysis with Ongoing Trends & Market Revenue

  The global electric CNG and LPG Vehicle Market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,235 thousand units sales in 2021, at a CAGR of 15.5%. The base year for the report is 2020, and the forecast period is from 2021 to 2026. Factors such as growing demand for energy-efficient commuting and governments supporting low emission vehicles through subsidies & tax rebates have compelled Vehicle Manufacturers to invest into low emission vehicles which has further increased demand for CNG and LPG vehicles. The CNG and LPG vehicle market has promising growth potential due to several factors, including the growing demand for low emission vehicles in the market, government’s support for growth in infrastructure, plans to reduce higher emission fuel vehicles across many countries across the world etc. The rapidly growing sales volume of CNG and LPG in Asia Oceania, Europe, North America and ROW has propelled the growth of the global CNG and LPG v

Global Multi Domain Controller Market Competitive Analysis with Growth Forecast Till 2030

 The report  " Multi Domain Controller Market  by Vehicle Type, Application (ADAS & Safety, Body & Comfort, Cockpit and Powertrain), Propulsion Type (BEV, HEV & ICE), Bus Systems, Bit Size (32, 64 & 128-bit), Level of Autonomy & Region - Global Forecast to 2030"  The multi domain controller market size is expected to reach USD 20.2 billion by 2030, at a CAGR of 25.7% from 2018 to 2030. The increasing production of electric vehicles and autonomous vehicle development along with the increasing electronic architecture in modern vehicles are collectively expected to drive the multi domain controller market.   Cockpit electronics segment is estimated to be the largest in the multi domain controller market A cockpit domain controller is a super ECU that integrates the infotainment, instrument cluster, HUD, and connectivity features on single hardware that possesses a multi-core chip. The domain controller, thus, allows a single large-format cockpit display a

Global Battery Sensor Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025

 The report  “ Battery Sensor Market  by Voltage Type (12V, 24V, and 48V), Communication Technology (LIN and CAN), Hybrid Vehicle (HEV and PHEV), Vehicle Type (Passenger Car, LCV and HCV), and Region – Global Forecast to 2025″ , The automotive battery sensor market is estimated to be USD 2.35 billion in 2018 and is projected to reach a market size of USD 4.92 billion by 2025, growing at a CAGR of 11.09% during the forecast period. The market is driven by factors such as the rising demand for fuel-efficient vehicles, increasing vehicle production, rising emission concerns, and growing demand for high- end cars. The 12V segment is estimated to be the fastest growing in the Battery Sensor Market   during the forecast period The increasing demand for fuel-efficient vehicles has led to the introduction of IBS for 12V lead-acid batteries. IBS helps to curb CO2 emissions and increases the fuel efficiency of a vehicle. It also helps to optimize the electrical power system and battery funct

Comprehensive Report on Thermal System Market 2019 | Size, Growth, Demand, Opportunities & Forecast To 2027

  The report  “ Thermal System Market  for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region – Global Forecast to 2027″  The thermal system market for automotive is projected to reach USD 64.6 billion by 2027 from an estimated USD 49.3 billion in 2019 at a CAGR of 3.4% during the forecast period The growth of thermal system market size is influenced by factors such as stringency in emission norms and engine downsizing, developments in advanced HVAC system and advancements in comfort features among others. Therefore, the automotive thermal system is expected to witness a significant growth in the future. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228170865 Waste Heat Recovery is expected to grow at the fastest CAGR The application of thermal system in waste heat recovery  is an a

Comprehensive Report on Automotive Bushing Market 2018 | Size, Growth, Demand, Opportunities & Forecast To 2025

The report  “ Automotive Bushing Market  by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), Ev Type, and Region – Global Forecast to 2025″  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% from 2018 to 2025. The market is anticipated to grow owing to various reasons such as the growing vehicle production, shifting focus toward lightweight vehicles, and rising demand for ride quality and safety in vehicles. The interior bushing segment is estimated to be the fastest-growing segment of the automotive bushing market, in terms of value The interior bushing segment is expected to show high growth in the future. Due to the rising demand for ride quality and safety, this segment is expected to drive the growth of automotive bushings in the coming years. Bushings used for the sus

Automotive Upholstery Market to Witness Astonishing Growth by 2025

The report  “ Automotive Upholstery Market  by Application (Carpets, Dashboards, Roof Liners, Seat Covers, Sun Visors & Trunk Liners), Upholstery Materials, Fabric Type (Non-woven & Woven), Integrated Technology, Vehicle Type, and Region – Global Forecast to 2025″ , The automotive upholstery market in 2017, is estimated to be USD 4.65 Billion in 2017 and is projected to grow at a CAGR of 6.59% during the forecast period, to reach a market size of USD 7.74 Billion by 2025. The market is driven by factors such as increasing vehicle production, growing demand for advanced technologies and customized automotive interiors adoption and increasing demand for light weight automotive materials. “Automotive seat covers to be the largest segment of the automotive upholstery market, by application” Automotive seat covers are the largest segment of the automotive upholstery market, by application because automotive seats consume the maximum upholstery material. Each automotive seat cove