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Showing posts from June, 2021

Automotive Suspension Market – Analysis with Ongoing Trends & Market Revenue

  The Automotive Suspension Market is projected to grow from USD 42.9 billion in 2021 to USD 50.7 billion by 2026, at a CAGR of 3.4% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. For example, in August 2020, ZF Friedrichshafen designed air suspension with ECAS technology to address issues such as higher fuel consumption, decreased rider comfort, and compromised passenger safety and vehicular instability. The market for suspension systems is mainly driven by the increasing demand for luxury vehicles, especially passenger cars, and the increasing preference of buyers for a comfortable ride and smooth operation of the vehicle. Automotive OEMs are focusing on lightweight materials to enhance fuel efficiency and reduce vehicle emissions. The increasing sales of electric and hybrid vehicles is expected to increase the adoption of active and semi-active suspension and thereby drive the marke

Automotive Windshield Market Competitive Analysis with Growth Forecast Till 2025

The automotive industry, one of the key contributors to the overall GDP of the world, is growing significantly over the years. As the demand for vehicles is growing, the demand for automotive components is also increasing significantly. Also, new vehicle model launches and increasing demand for premium and luxury segment cars have increased the demand for exterior components such as a windshield. The automotive windshield provides an efficient aerodynamic design, clear visibility, and protection from debris, unwanted particles, ultraviolet (UV) rays, and harmful radiation. A key innovation in the field of the automotive windshield is the smart windshield. Ongoing R&D in the field of smart windshield technology has prompted investments by private players as well as various governments. Due to their advantages, smart windshield technologies such as Head-Up Displays (HUDs) and augmented reality are now used in diverse applications. The market for the smart windshield is therefore expe

Automotive Charge Air Cooler Market to Witness Astonishing Growth by 2026

  The Automotive charge air cooler market is estimated to be USD 2.8 Billion in 2021 and is projected to grow to USD 3.9 Billion by 2026, at a CAGR of 7.1% during the forecast period. Automotive charge air coolers are used to reduce fuel consumption and CO2 emissions in combination with turbocharging. These components maintain and improve power output and torque in vehicles. As the degree of turbocharging increases, the necessity of cooling the heated air grows. In vehicles, charge air coolers primarily function on increasing engine combustion efficiency. Thus, charge air coolers play a critical role in cooling the engine. Government regulations of carbon emissions and rising performance demand for ICE vehicles is growing significantly. This has encouraged the use of turbocharged/supercharged engines along with downsizing. With the trend of engine downsizing in the automotive industry, automakers and manufacturers are focused on reducing fuel consumption and increasing the efficiency

EV Charging Cables Market Competitive Analysis with Growth Forecast Till 2027

  The global EV Charging Cables Market is projected to grow at a CAGR of 39.5%, to reach USD 3,173 million by 2027 from an estimated USD 431 million in 2021 . The market growth can be attributed to the increasing installation of charging stations by various OEMs and electric vehicle supply equipment manufacturers. The increasing demand for e-mobility and high-power charging cables in developing regions has contributed to the growth of EV charging cables market. Also, the increasing demand of electric vehicle owners to charge their electric vehicles in the least possible time has compelled OEMs and EV charging cables manufacturers to develop technologically advanced EV charging cables. High power cables (HPC) enable drivers to charge their electric vehicles in minutes and travel longer distances. Increasing concerns about the environment have compelled the governments of various countries to take several protective measures. Several countries are focusing on deployment of electric v

Asia Pacific electric three-wheeler market – Analysis with Ongoing Trends & Market Revenue

  The  Asia Pacific electric three-wheeler market  is estimated to be 156,397 units in 2021 and is projected to grow to 486,446 units by 2026, at a CAGR of 25.5% during the forecast period. The automotive industry is at the cusp of technological evolution to develop zero-emission vehicles, while electric three-wheelers for daily commuting have become the steppingstone for the same. However, before deploying these as primary usages, electric three-wheelers need to have the necessary charging infrastructure and optimum performance. Electric three-wheelers are also noise-free. They are therefore expected to be the building block for the success of emission-free vehicles of the future. As of 2020, the Asia Pacific electric three-wheeler market was dominated by low-speed, affordable electric three-wheelers, having a top speed of less than 25-35 km/h. To extract more performance out of these vehicles, a bigger battery and advanced motor components are required, which will increase the over

Augmented Reality Automotive Market: An Emerging Market with Attractive Growth Opportunities

  The report  “ Augmented Reality Automotive Market  by Function (AR HUD Navigation, AR HUD ACC, AR HUD LDW & Advanced AR HUD), Sensor Technology, Display Technology, Level of Autonomous Driving, Electric Vehicle, Vehicle Type, and Region – Global Forecast to 2025″ , The augmented reality automotive market is projected to grow at a CAGR of 17.60% during the forecast period, to reach a market size of USD 6.79 Billion by 2025. The market is driven by factors such as increasing demand for in-vehicle safety features, adoption of advanced driver assistance systems by OEMs, and the progress toward developing semi-autonomous and autonomous vehicles. “Advanced augmented reality head-up display to be the largest segment of the augmented reality automotive market, by function” With advanced driver assistance systems (ADAS) becoming a standard in high-end cars, OEMs are focusing on developing low-cost systems for mid-sized and economical cars. Premium vehicles with ADAS features use advan

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

  The report “ Automotive Supercharger Market  by Components, Technology (Centrifugal, Twin-Screw, Roots), Vehicle Type (PC, CV, Motorcycle), Fuel Type (Gasoline, Diesel), Power Source (Engine Driven, Electric Motor Driven), and Region – Global Forecast to 2025″  The global automotive supercharger market is projected to grow at a CAGR of 5.27% from 2017 to 2025, to reach a market size of USD 10.95 Billion by 2025 from USD 7.26 Billion in 2017. The major factors driving the growth of the automotive supercharger market are stringent fuel efficiency norms introduced by various governments, OEMs working towards engine downsizing, and rising disposable incomes leading to greater sales of high-end vehicles. Gasoline engine vehicles hold the largest market share in 2017 The gasoline engine vehicles hold the largest share of the automotive supercharger market. This is because gasoline engines do not produce the amount of exhaust gases that can be produced by diesel engines. The gasoline en