Posts

Automotive Differential Market Size, Growth, Demand, Opportunities & Forecast To 2025

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...

Automotive Software Market to Show Strong Growth by 2027

  The global   automotive software market   size is projected to reach USD 40.1 billion by 2027 from USD 21.7 billion in 2022, at a CAGR of 13.1%. The growth of the market is driven by upcoming mandates such as regarding collision avoidance to drive the market. Governments in European countries as well as in the United States have mandated the use of AEB in vehicles. In May 2018, the European Commission published a list of 11 new safety features it wants to be mandated on new cars by 2021. The list includes several existing ADAS functions, specifically autonomous emergency braking, lane-keeping assistance, an intelligent speed assistance system, and a reversing camera/rear detection system. These specifications are expected to lay the foundation of vehicle-to-vehicle and vehicle-to-pedestrian advanced emergency braking systems (AEBS). Such developments would surge the demand for automotive software for advanced electronics during the forecast period. More than 20 countrie...

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...

Thick Film Resistor Market Projected to reach $615 million by 2025

  The report  “ Thick Film Resistor Market  by Industry & Resistor Type (Automotive, Electrical & Electronics & Telecommunication), Resistor Type (Thick Film & Shunt), Vehicle Type (ICE, Electric & Hybrid Vehicles) and Region – Global Forecast to 2025″ , is projected to grow at a CAGR of 5.06% during the forecast period, to reach a market size of USD 615 million by 2025 from USD 435 million in 2018. Factors such as increasing adoption of advanced technologies in automotive industry, increasing adoption of 4G/5G networks, and rising demand for high-performance electronic and electrical systems are expected to fuel the demand for thick film power & shunt resistors. Thick Film Resistor is estimated to hold the largest share in the market, by resistor type Thick film power resistor is estimated to hold the largest market share in 2018. The factors driving this market are the rising demand for electronic circuits in passenger cars and commercial vehicle...

Automotive Motors Market – Global Leaders & Geographical Growth Analysis by 2027

  The global   automotive motors marke t   for ICE vehicles is projected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a CAGR of 4.5%. Automotive companies and component manufacturers are investing significant amounts in research and testing of new uses of automotive motors. Factors such as automobile sector recovery the world, along with government regulations for safety and increasing demand for comfort equipment in automobiles will increase demand for the market. The automotive motors market is dominated by established players such as Bosch (Germany), Denso (Japan), BorgWarner (US), ZF Group (Germany), and Continental AG (Germany). These companies adopted new product launches, undertook deals, and other strategies to gain traction in the automotive motors market. Increase in demand for automotive motors for performance (emission reduction and fuel conservation in ICE vehicles), Safety (ABS, automatic brake motors, among others) and comfort (powe...

Automotive Heat Shield Market Projected to reach $13.9 billion by 2025

  The global   automotive heat shield market   is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4% during the forecast period. Automotive heat shields are used at various locations within a vehicle to protect the vehicle body and components from excessive heat generated by the engine and exhaust systems. These exhaust gases can reach temperatures up to 900 degrees. Technological advancements have made automotive heat shields safer and more effective over the past few years. The materials used in automotive heat shield fabrication include aluminum, nylon, and ceramic. Browse 236 market data Tables and 66 Figures spread through 236 Pages and in-depth TOC on  “Automotive Heat Shield Market by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material, Vehicle Type, EV, and Region – Global Forecast to 2025” ...

Electric Vehicle Range Extender Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

  The report  " Electric Vehicle Range Extender Market  by Type (ICE Range Extender, Fuel Cell Range Extender, and Others), Component (Battery Pack, Generator, Power Converter, and Electric Motor), Vehicle (PC and CV), and Region - Global Forecast to 2025"  The electric vehicle range extender market is estimated to be 218,129 units in 2018 and is projected to reach 479,027 units by 2025, at a CAGR of 11.89% .  The market is principally driven by the increasing demand for driving range extension of the electric vehicles and government incentives on the purchase of a range extender electric vehicle. A range extender increases the driving range of an electric vehicle. For instance, a typical BMW i3 BEV offers a driving range of 130 km, but BMW i3 REx offers an additional driving range of 156 km. ICE range extender is the fastest growing segment of electric vehicle range extender market, by type The cost of an ICE range extender is lower than a fuel cell range e...