Automotive and Transportation Research Reports

  The global  Farm Equipment Market  is projected to reach USD 113.0 billion by 2025 from an estimated USD 92.2 billion in 2020, growing at a CAGR of 4.2% during the forecast period, mainly due to attractive government policies to farmers in the form of loan waivers, credit finance, monetary aid in difficult times such as drought, pandemic such as COVID-19 etc. Increasing popularity and awareness of farm mechanization is significantly expected to drive farm equipment market. Also, developments in precision agriculture and autonomous tractors are expected to create future opportunities in farm equipment market. The rental market is also expected to grow at a significant rate in Asia Oceania in the coming years. In Asia Oceania, particularly in developing countries, average farm sizes are small. Thus, farmers cannot afford to buy tractors or combines for small farmlands. Therefore, leasing of high-cost equipment such as balers and combine harvesters is expected to grow significantly in

  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

  The  Automotive Differential Market  size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort features in vehicles the market is expected to recover in the last quarter of 2020. The automotive differential market is estimated to observe a decline post-COVID-19 due to the impact on vehicle production. The increase in demand for light commercial and heavy commercial vehicles, increasing investment in infrastructure post COVID-19 pandemic is expected to boost the demand for construction equipment, and hence, the differential has led to the growth of the automotive differential market. The decreased emission limits and increased fuel efficiency limits have fueled the demand for hybrid vehicles

  The  Automotive Engine Management System Market  is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for engine management system is primarily driven by stringent emission norms, coupled with increasing vehicle production. The engine management system industry is expected to be positively impacted by growing vehicle production across the globe as every ICE engine equipped vehicle is equipped with engine management system. The decreased emission limits and increased demand for fuel efficiency requirements have increased the focus on improvement in engine performance, which, in turn, is expected to have a significant impact on the global automotive engine management system market. For instance, Diesel passenger cars which emit more NOx as compare to gasoline powered vehicle will be witness drop in production owing to fleet level emission standards by the various governments. Hence, growth in gasoline

  The Automotive Data Logger Market is projected to grow at a CAGR of 7.0% during the forecast period and is estimated to be USD 3.1 billion in 2020 and reach USD 4.4 billion by 2025. The market growth is primarily driven by factors such as the increase in the government norms related to vehicle noise and emissions which is leading to higher use of data loggers at the regulatory bodies’ and OEMs’ end, and the rising demand for sophisticated vehicles with complex architecture that is increasing its demand at the service stations’ end . Owing to the emergence of newer technologies in the automotive industry along with the growing demand for electric cars, the data logger market has started to prosper. Regional adoption of these technologies depends on governmental norms and emission regulations along with customer preference. Moreover, vehicle manufacturers are offering additional advanced features in vehicles to acquire more customers and boost profitability, thereby inflating the g

  The global Sensor Fusion Market for Automotive for ICE vehicle is estimated to be USD 2.9 billion in 2021 and is projected to reach USD 22.2 billion by 2030, growing at a CAGR of 25.4% from 2021 to 2030. Asia-Pacific is estimated to lead the market during the forecast. Demand of premium and luxury cars globally with enhanced safety and comfort features is expected to boost the demand of the sensor fusion technology. With the rising demand for luxurious vehicles, there has been a substantial increase in the use of technologically advanced ADAS features such as automated emergency braking, adaptive cruise control, lane departure warning.   driving the adoption of sensor fusion. Companies such as Robert Bosch (Germany), Denso Corporation (Japan), ZF Friedrichshafen (Germany), Aptiv (Ireland), and NXP Semiconductors N.V. (The Netherlands), STMicroelectronics (Japan), Denso Corporation (Japan) are leading the market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownlo

  The report  " Automotive Wiring Harness Market  by Application (Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Seat, Sunroof, Door), Transmission Type (Data & Electrical), Category, ICE & Electric Vehicle, Component, Material, and Region - Global Forecast to 2027"  The automotive wiring harness market, by value, is projected to grow to USD 55.4 billion by 2027 from USD 43.3 billion in 2019, at a CAGR of 3.1%. The increasing ICE vehicle production coupled with increasing penetration of electric vehicles is anticipated to drive the automotive wiring harness market. Also, increasing penetration of luxury vehicles together with the growing demand for mid-size luxury vehicles, especially in Asia pacific, is further projected to boost the demand for wiring harness. Passenger car to be the largest segment by vehicle type The passenger car segment is projected to lead the automotive wiring harness market, by vehicle type. The increasing production of pass