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Showing posts from July, 2021

Digital Instrument Cluster Market for Automotive to Witness Astonishing Growth by 2025

  The report  “ Digital Instrument Cluster Market for Automotive  by Display Type (LCD, TFT-LCD, OLED), Display Size (5-8 inch, 9-11 inch, >12 inch), Embedded Technology (AI, Non-AI), Electric Vehicle Type, Vehicle Type (PC and CV), and Region – Global Forecast to 2025″ , The digital instrument cluster market is projected to grow at a CAGR of 19.15% during the forecast period, from USD 1.62 Billion in 2017 to USD 6.60 Billion by 2025. The digital instrument cluster market is primarily driven by the increasing sales of electric vehicles and luxury vehicles globally. Increasing demand for safety, convenience, and comfort is also expected to boost the digital instrument cluster market. 9-11-inch display size to be the largest segment of the Digital Instrument Cluster Market owing to the increasing demand for aesthetics and advanced features in the instrument cluster The 9-11 inch digital instrument cluster is estimated to be the largest and fastest growing market for digital instru

Usage-Based Insurance Market Analysis, Trends, Growth and Forecast 2021 to 2026

  The Usage-Based Insurance Market is projected to reach USD 66.8 billion by 2026 from an estimated USD 19.6 billion in 2021, growing at a CAGR of 27.7% during the forecast period. The increasing adoption of telematics and connected car services is expected to drive the usage-based insurance market. The rolling out of various UBI packages in countries such as India, South Africa is expected to further drive its popularity. UBI providers can work directly with OEMs to capitalize on the increasing trend of connected cars in developed as well as developing regions. UBI service providers can also provide customized plans for embedded systems that can give incentives to connected car owners to choose UBI policies. Manage-how-you-drive or MHYD is estimated to be the fastest-growing usage-based insurance market. MHYD is an extended version of PHYD, which provides feedback to drivers on improvement areas besides just ranking them on driving behavior. This model is ideal for young drivers

Gasoline Direct Injection Market – Analysis with Ongoing Trends & Market Revenue

  The report  “ Gasoline Direct Injection Market  by Engine (I3, I4, V6, V8), Component (Injector, Rail, & Pump; Sensor, ECU), ICE (Hatchback, Sedan, SUV/MPV, Pickup, Coupe), Hybrid vehicle, Support Technology (Turbocharger, GPF), and Region – Global Forecast to 2025″ , The gasoline direct injection market, by value, is projected to grow at a CAGR of 9.94% from 2017 to 2025, to reach USD 11.28 Billion by 2025 from USD 5.29 Billion in 2017. Factors such as rising focus on the increase in fuel efficiency, reduction in tailpipe emissions, and a drastic reduction in engine size without sacrificing the engine power are projected to fuel the demand for Gasoline direct injection technologies. “ECU market to be the largest market among Gasoline direct injection components” A single fuel engine control unit (ECU) is used to control injectors, irrespective of the engine size. ECUs are becoming complex as engines use an increasing number of advanced sensors to increase the efficiency. The

Car Sunroof Market - Growth, Trends, and Forecast (2018 - 2027)

  The report  “ Car Sunroof Market  by Rooftop (Hardtop, Soft Top), Vehicle Class (Luxury, Semi-Luxury), Body (Sedan, SUV, Roadster), EV (BEV, HEV, PHEV, FCEV), Material (PVC, Carbon Fiber, Others), Propulsion, & Region – Global Forecast to 2027″ , The car sunroof market is projected to grow at a CAGR of 7.4%, from 2018 to 2027, to reach a market size of USD 2.4 billion by 2027 from 1.3 billion in 2018. The major factors driving the growth of the car sunroof market are the growing demand for premium vehicles and innovations in materials. Hardtop—A high growth market The global car sunroof market, by rooftop type, is expected to be dominated by the soft top segment. Soft tops are mostly preferred by consumers since they offer all-round visibility and maximum ventilation. The hardtop segment is projected to grow at the highest CAGR, during the forecast period, as these systems provide increased structural rigidity over soft tops. Car sunroof manufacturers have also started workin

Comprehensive Report on Connected Truck Market Size, Growth, Demand, Opportunities & Forecast To 2022

  The report  " Connected Truck Market  by Range (DSRC and Cellular), Service (Fleet Management and Cybersecurity & Updates), Component (Hardware and Software), Communication (V2V, V2I, and V2C), Vehicle (LCV and HCV), and Region - Global Forecast to 2022" , The connected truck market is projected to grow at a CAGR of 15.14% during the forecast period, to reach USD 37.64 Billion by 2022 from an estimated USD 18.60 Billion in 2017. Industry compliance norms and government mandates supporting connected technology of trucks, coupled with increasing customer satisfaction, drive the connected truck market. Further, the regular vehicle data updates, which are generated by the telematics control unit (TCU) of a truck, are expected to reduce the overall recalling cost for OEMs.                        Browse 54 Market Data Tables and 50 Figures spread through 145 Pages and in-depth TOC on  "Connected Truck Market by Range (DSRC and Cellular), Service (Fleet Management and

How is the global Construction & Heavy Equipment Telematics Market shaping up? What role has COVID-19 played in the market?

  The global Construction & Heavy Equipment Telematics Market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%. Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction and heavy equipment telematics market. As autonomous technology continues to develop and prices fall to a more affordable level, the number of autonomous off-highway equipment will grow in the coming years. Verizon (US), Trimble Inc. (US), Topcon Corporation (Japan), Hexagon AB (Sweden), and Robert Bosch GmbH (Germany), some of the market leaders, offer extensive telematics solutions in the off-highway industry. These companies have strong distribution networks at the global level and strategic partnerships with off-highway OEMs would drive the use of autonomous equipment. Download PDF B