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Showing posts from May, 2021

Voice Recognition System Market for Automotive – Analysis with Ongoing Trends & Market Revenue

  The report  “ Voice Recognition System Market for Automotive  by Technology (Embedded and Hybrid), Application (AI and Non-AI), End-User (Eco, Mid, and Luxury), Fuel Type (ICE and BEV), Level of Autonomous Driving, and Region – Global Forecast to 2025″ , The voice recognition system market for automotive is estimated to be USD 941.0 Million in 2017 and is projected to reach a market size of USD 3,890.3 Million by 2025, growing at a CAGR of 19.41% during the forecast period. The market is driven by factors such as the rise in the trend of connected vehicles and level of autonomous driving and the integration of technology to support centralized functions. The embedded technology segment is estimated to be the fastest growing market in the voice recognition system market   for   automotive during the forecast period, by technology The embedded technology segment is estimated to witness fastest growth in the voice recognition system market because of the rise in trend of connected

Automotive Simulation Market - Growth, Trends, and Forecast (2018 - 2025)

  The report  “ Automotive Simulation Market  by Deployment (On-premises & Cloud), Component (Software & Services), End Market (OEMs, Automotive Component Manufacturers, & Regulatory Bodies), and Region (Asia Pacific, Europe, North America, & RoW) – Global Forecast to 2025″ , The automotive simulation market is projected to grow at a CAGR of 11.1% during the forecast period, to reach USD 2.9 billion by 2025 from an estimated USD 1.4 billion in 2018. The demand for enhanced safety, convenience, and comfort features in automobiles is growing steadily. These rapid changes compel manufacturers to alter their designs repetitively. These continuous changes in powertrain, HEV/EV, chassis, advanced driver assistance, and infotainment systems are expected to drive the growth of the automotive simulation market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242816468 On-premises segment, by deployment, is estimated to hold the largest mark

Global Construction Equipment Market Competitive Analysis with Growth Forecast Till 2025

  The global Construction Equipment Market size is projected to reach USD 205.0 billion by 2025, from an estimated value of USD 169.3 billion in 2020, at a CAGR of 3.9%. Rapid urbanization leading to increased demand for housing projects is expected to boost the construction equipment market. The increasing number of infrastructure projects and mega construction projects are further anticipated to fuel the demand for construction equipment during the forecast period. Electrification is shaping the construction equipment market and offering significant opportunities and design possibilities. Electrification has been increasing in most market segments such as cars, buses, etc., including construction equipment. This has been made possible as advanced technologies are increasingly mature and affordable. Additionally, stringent emission regulations are likely to shape up the future of the construction equipment industry. The emission and noise-pollution standards implemented by these re

How is the global Automotive Wheels Aftermarket shaping up? What role has COVID-19 played in the market?

  The report “ Automotive Wheels Aftermarket  by Aftermarket (New Wheel Replacement & Refurbished Wheel Fitment), Vehicle (PC, CV), Coating (Liquid, Powdered), Material, Rim Size (13-15 Inch, 16-18 Inch, 19-21 Inch, Above 21 Inch), and Region – Global Forecast to 2025″  Global automotive wheels aftermarket is projected to grow at a CAGR of 3.53% from USD 3.5 billion in 2018 to reach USD 4.5 billion by 2025. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish wheels, and the growing number of automobile enthusiasts in Europe and North America. Passenger Cars: Increased passenger car sales and better vehicle handling is expected to drive the automotive wheels aftermarket The passenger cars segment is the largest of all segments of the automotive wheels aftermarket and is expected to witness significant growth during the forecast period. The growing trend of engine downsizing and vehicle weight

Automotive Hydraulics System Market to Register Substantial Expansion by 2025

  The report  " Automotive Hydraulics System Market  by Application (Brake, Clutch, Suspension & Tappet), OE Component (Master Cylinder, Slave Cylinder, Reservoir & Hose), Aftermarket Component, On-Highway Vehicle, Off-Highway Vehicle, and Region - Global Forecast to 2025" , The Automotive hydraulics system market is projected to grow at a CAGR of 6.04% during the forecast period, to reach USD 51.37 Billion by 2025 from an estimated USD 32.13 Billion in 2017. The combination of higher disposable income and increasing awareness of active as well as the passive safety of a vehicle among vehicle users, increase in vehicle sales and infrastructural development in developing economies are driving the market for automotive hydraulics system market. A key driver for the increase in vehicle sales in recent years is the changing taste of vehicle types and lifestyle of the young population. Infrastructural development in developing economies is forcing construction companies

Automotive Hydraulics System Market: An Emerging Market with Attractive Growth Opportunities

  The report  " Automotive Hydraulics System Market  by Application (Brake, Clutch, Suspension & Tappet), OE Component (Master Cylinder, Slave Cylinder, Reservoir & Hose), Aftermarket Component, On-Highway Vehicle, Off-Highway Vehicle, and Region - Global Forecast to 2025" , The Automotive hydraulics system market is projected to grow at a CAGR of 6.04% during the forecast period, to reach USD 51.37 Billion by 2025 from an estimated USD 32.13 Billion in 2017. The combination of higher disposable income and increasing awareness of active as well as the passive safety of a vehicle among vehicle users, increase in vehicle sales and infrastructural development in developing economies are driving the market for automotive hydraulics system market. A key driver for the increase in vehicle sales in recent years is the changing taste of vehicle types and lifestyle of the young population. Infrastructural development in developing economies is forcing construction companies

Global Bullet Train/High-Speed Rail Market Competitive Analysis with Growth Forecast Till 2025

  The  Bullet Train/High-Speed Rail Market  is projected to grow at a CAGR of 5.54% during the forecast period, to reach 5,287 units by 2025. The need for rapid mass transit to reduce traffic congestion and journey time with enhancing luxury has increased the demand for the bullet train/high-speed rail market globally. The wheel on rail technology of bullet train/high-speed rail is expected to have the largest market share owing to its higher adoption rate by the bullet train/high-speed rail manufacturers. The growing expansion of high-speed rail infrastructure in the numerous countries across the regions is creating the need for the wheel on rail technology of bullet train/high-speed rail. The maglev technology of bullet train/high-speed rail is electro-magnetically propelled over the guideways and does not require rail tracks for its operation. This functioning of maglev trains eradicates the friction associated with the wheels and tracks, thereby enhances the operating speed. The

How is the global Robo-Taxi Market shaping up? What role has COVID-19 played in the market?

  The report  " Robo-Taxi Market  by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Car and Shuttle/Van), Service (Rental and Station Based), Propulsion (Electric, Hybrid, and Fuel Cell), Component, and Region - Global Forecast to 2030"  The global robo-taxi market is projected to grow from 2,024 units in 2020 to reach 3,830,912 units by 2030, at a CAGR of 112.67%. The growth of the robo-taxi market is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification of vehicles. Browse 44 market data Tables and 57 Figures spread through 135 Pages and in-depth TOC on  "Robo-Taxi Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132098403     Car is expected to grow at the fastest CAGR The car segment is expected to be the largest and the fastest market. This is due to