Automotive Industry Research Report

Automotive Fuel Injection Pump Market Key Manufacturers and Application with Share

noreply@blogger.com (Automotive Market Research) — Mon, 29 Jul 2019 19:59:00 +0000

The Automotive Fuel Injection Pump Market is estimated to be USD 19.25 Billion in 2016 and is projected to grow at a CAGR of 7.8% from 2017 to reach USD 38.20 Billion by 2025.

The research methodology used in the report involves various secondary sources such as Automotive Component manufacturers Association (ACMA), Asociacion Mexicana de la Industria Automotriz (AMIA – Mexican Association of the Automotive Industry), China Association of Automobile Manufacturers (CAAM), Environmental Protection Agency (EPA), International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and automotive fuel injection pump vendors have been interviewed to understand the future trends of the market. The market size of the individual segments was determined through various secondary sources such as industry associations, white papers, and journals. The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up approach has been used to estimate and validate the size of the global market. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments.

To know about the assumptions considered for the study, download the pdf brochure

Target Audience

Automobile manufacturers
Fuel injection pump manufacturers
Automobile organizations/associations
Raw material suppliers
Compliance regulatory authorities
Government agencies
Investors and Venture Capitalists (VCs)

Passenger Car is estimated to hold the largest market share during the forecast period

Along with the passenger car production, the demand for fuel-efficient vehicle has also increased among the end-users. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) statistics, the global passenger car production has increased from 59.90 million units in 2011 to 72.11 million units in 2016, at a CAGR of 3.78% over the period of five years. Also, developing countries such as China and India have witnessed significant economic growth, which, in turn, is increasing the demand for passenger cars. The stringent emission norms are also driving the market for automotive fuel injection pump market.

Direct Injection System is estimated to be the largest segment by application from 2017 to 2025

The growth of automotive fuel injection pump market, by type, is anticipated to be driven by the increasing use of direct injection system due to increase in penetration of the system in the gasoline engine vehicles in North America. The direct fuel injection system delivers the fuel at high pressure to improve the performance of the vehicle with better fuel efficiency, which helps to increase the demand of direct injection system.

Automotive Ignition System Market by Components, Ignition Type, - Industry Trends & Forecast to 2019

noreply@blogger.com (Automotive Market Research) — Fri, 26 Jul 2019 19:32:00 +0000

The automotive ignition system comprises of an ignition circuit which supplies high voltage surges to the spark plugs in the engine cylinders. These surges produce electric sparks across the spark plug gaps. Heat generated from spark ignites the compressed air-fuel mixture in the combustion chamber. Although there are various types of ignition systems available in the market today, most can be placed in one of three groups: Conventional Breaker-Point Ignition, Electronic Ignition; or a newer type the Distributorless Ignition, which is fast becoming the most popular ignition system. Modern day vehicles use an engine control module (ECM) to control ignition systems that use designs such as coil-on-plug to distribute power to each cylinder. The global market for automotive ignition system is projected to grow at a CAGR of 9.07% from 2014 to 2019. For the ignition system market, the simultaneous ignition type was estimated to have the market share of about 43%, in terms of value, in 2014.

The report segments the market by engine type (gasoline & diesel), ignition type (coil-on-plug, simultaneous & compression ignition system), & region and sizes in revenue ($million) as well as volume (thousand units) for aforesaid segments. It covers Porter’s Five Forces Analysis and value chain of the global Ignition System market for gasoline engines. It contains qualitative data about drivers, restraints and opportunities presented by the global Ignition System market.

The ignition system which is used in all transportation applications forms an integral component to provide the starting power to the electrical and mechanical components used in these applications. Automotive ignition systems continued to evolve from the 1950’s, the automobile manufacturers began to use semiconductor devices the predecessors of today’s electronic components as standard equipment. Transistorized ignition was the first step in this direction, and was followed by a variant in which the mechanical contact was replaced by an electronic pulse generator, known as the Hall generator. Today, the high voltage is commonly generated by individual coils, which transmit power directly to the spark plugs.

U.S. new-car sales have been rising as a consequence of improving economy, generous incentive spending and increased demand for trucks and sport-utilities have lifted the annualized selling pace to an unprecedented high. Robust manufacturing, new housing strength and rising employment have been seen as the reasons for continued optimism. Western Europe car sales are expected to recover from the long slump with a two or three per cent gain in medium term. However, the torrid period since the global financial crash has seen the disappearance of more than 2-1/2 million sales every year in Western Europe. Asia-Oceania and North America are growing at a good pace owing to the increase in automotive production and demand for vehicles in these regions. Increase in purchasing power and low penetration of automobiles in emerging nations such as China, Brazil and India has resulted in an increase in demand for personal transportation. Asia-Oceania is estimated to be the largest market for ignition systems and is projected to grow at a highest rate from 2014 to 2019.

https://www.marketsandmarkets.com/Market-Reports/lidar-sensor-automotive-market-34875060.html

Automotive Coolant & Lubricant Growth Factors, Applications and Regional Analysis

noreply@blogger.com (Automotive Market Research) — Thu, 25 Jul 2019 17:35:00 +0000

The market for coolant and lubricant is very huge and is anticipated to increase rapidly in terms of value at a CAGR of 7.38% and 9.21% for the period under consideration. The rapid increase in sales of vehicle in developing countries and development of infrastructure has created a strong demand for these coolants and lubricants, where the coolant contributes approximately 65% to the total coolant and lubricants market in terms of value.

The other drivers of Automotive lubricant and coolant market are the increasing demand for light passenger vehicles and heavy-duty vehicles, increasing prices of conventional fuels, and the rise in the average lifespan of vehicles in operation. In addition, stringent emission norms imposed by governments will also drive the lubricant and coolant markets for automotive. The adoption of bio-based lubricants which will reduce harmful environmental effects is the current trend and it will boost the overall growth of the market. The demand for fuel efficiency of vehicles has led to the replacement of traditional lubricants with synthetic lubricants.

Scope of the Report

In this research study, the global automotive coolant and lubricant markets are classified into four major segments

Automotive Lubricant and Coolant Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
Automotive Lubricant and Coolant Market, By Application
- Engine coolant
- HVAC coolant
- Engine Lubricant
- Brake Lubricant
- Transmission lubricant

The sizes of the lubricant and coolant markets, in terms of volume, are projected to grow at a CAGR of 8.10% and 6.73% respectively from 2014 to 2019 and reach 408.48 Million gallon and 346.62 Million gallon by 2019.

Lubricant and coolant form an integral part of any vehicle. The increasing demand for light passenger vehicles and heavy-duty vehicles and the rising average lifespan of vehicles in operation are factors driving the demand for lubricant and coolant. In addition to this, growing vehicle sales and production in developing countries have created an opportunity for lubricant and coolant manufacturers.

The global market volume for lubricant and coolant is projected to reach 408.48 Million gallon and 346.62 Million gallon respectively by 2019. The markets for lubricant and coolant are estimated to be the largest in the Asia-Oceania region, which has a market share of about 52.1% and 50.0% for lubricant and coolant respectively in 2014. China is the major contributor to the growth of the lubricant and coolant markets in the Asia-Oceania region. The global demand for the lubricant and coolant markets are propelled by the increasing number of vehicles across the globe, the upcoming government regulations, and the increasing average lifespan of vehicles. North America is estimated to hold the second position in the markets for lubricant and coolant in 2014. A major contributor to these markets in the North American region is the U.S., which has the largest production of vehicles in this region.

https://www.marketsandmarkets.com/Market-Reports/automotive-coolants-lubricants-market-254296375.html

Spark Plugs Market Comprehensive Analysis, Growth

noreply@blogger.com (Automotive Market Research) — Wed, 24 Jul 2019 17:08:00 +0000

Global glow plugs and spark plugs market in terms of value is projected to grow at a CAGR of 7.85% and 5.26% respectively over the period from 2014 to 2019. One of the major key factors driving the growth of this market is the increasing demand for vehicles across the globe. The rise in stringency of the government norms and regulations pertaining to the emissions and fuel efficiency is also a key contributor to the growth of spark & glow plugs. However, the increasing adoption of engine downsizing and transition towards electric vehicles are estimated to hinder the automotive spark and glow plugs market at a global level. Additionally, maintaining balance between low cost, high performance and durability of the spark and glow plugs is one of the common challenges for the market players to cope up with. As of 2014, global demand for hot spark plugs and metal glow plug is high owing to its large applicability in passenger cars. The hot spark plugs contribute around 57% of the global spark plugs market in terms of value, whereas metal glow plug contributes 55% of the global glow plug market in terms of value in 2014.

Global Automotive Spark and Glow Plugs Market, by Vehicle Type

Spark Plugs
- Hot Spark Plugs
- Cold Spark Plugs
Glow Plug
- Metal Glow Plug
- Ceramic Glow Plug

Global Automotive Spark and Glow Plugs Market, by Vehicle Type

Passenger Car
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)

A spark plugs (in case of gasoline engines) or a glow plug (for diesel engines) a vital component that is essential for the functioning of a vehicle engine. These plugs play a key role in every vehicle that has an internal combustion engine. This validates the fact that the demand for spark and glow plugs is directly linked to the number of vehicles produced per year. Spark and glow plugs characteristically have a limited lifespan, owing to which they are in demand not only in the OE market, but in the aftermarket as well.

The global market value for spark plugs and glow plugs is projected to reach $ 2,804.83 Million and $1079.47 Million respectively by 2019. The market in terms of value for spark plugs is estimated to be the largest in the Asia-Oceania region, which holds a market share of about 46% in 2014. China is the major contributor to the growth of spark plugs in the Asia-Oceania region. The global demand for spark and glow plugs is propelled by the increasing number of vehicles across the globe, and the upcoming stringent fuel efficiency and emission norms. North America holds the second position in the market for spark plugs as this region has the majority of gasoline vehicles. The major contributor to the market in the North American region is the U.S., which has the largest production of gasoline LCVs. This justifies the huge demand for cold spark plugs that are used in high-performance engines. Europe is estimated to be the largest market for glow plugs, followed by Asia-Oceania. This is because the region has the second largest number of diesel vehicles in the world.

https://www.marketsandmarkets.com/Market-Reports/automotive-spark-plug-market-149591695.html

Automotive Rubber Molded Components Market Analysis

noreply@blogger.com (Automotive Market Research) — Tue, 23 Jul 2019 17:44:00 +0000

Automotive Rubber Molded Components Market is driven by increased adoption of lightweight materials in automobiles and the increasingly stringent emission, safety, and fuel economy norms. The automotive rubber molded components market, in terms of value, is projected to grow at a CAGR of 5.20% from 2015 to 2020, to reach a market size of USD 40.5 Billion by 2020. The study segments the automotive rubber molded components market on the basis of components, material type, vehicle type, and region.

In order to arrive at the market size, in terms of volume, for automotive rubber molded components, the average number of molded components that go into each vehicle category has been identified and multiplied by vehicle production numbers to get the country-level rubber molded components volume. This country-wise market size, in terms of volume, of rubber molded components for each vehicle type is then multiplied with the country-wise average OE price (AOP) of rubber molded components required for each application. This results in the country-wise market size, in terms of value. The summation of the country-wise market gives the regional market and further summation of the regional market provides the global automotive rubber molded components market.

Industry Ecosystem

Some of the key industry players which comprise the ecosystem of Rubber Molded Components market are given below:

OEM’s (Original Equipment Manufacturers) : General Motors Company, Ford Motor Company, Toyota Motor Corporation, Volkswagen AG, Daimler AG, BMW Group, PSA Peugeot Citroën & Others
Rubber Molded Components Suppliers: Continental AG (Germany), Federal Mogul Corporation (U.S.), Cooper Standard Holdings Inc. (U.S.), Sumitomo Riko Co., Ltd. (Japan), Freudenberg & Co. KG (Germany) & Others

Target Audience

Raw material suppliers of the materials
Original Equipment Manufacturers (OEMs)
Dealers
Distributors of automotive rubber molded components
Industry Associations
Private Equity Firms

Rising raw material prices pose a serious threat to the growth of this market. For instance, EPDM is one of the most versatile and fastest-growing rubber molding materials, and provides excellent resistance to heat, oxidation, ozone, and weather withstanding capacity. However, owing to its high cost, its use in the automotive market is restricted to high-end vehicles. The global automotive rubber molded components market is dominated by major players such as Continental AG (Germany), Federal-Mogul Corporation (U.S.), and Sumitomo Riko Co., Ltd. (Japan), among others. Continental AG is currently the market leader, and has adopted new product development and expansion as key strategies to gain traction in the market.

https://www.marketsandmarkets.com/Market-Reports/automotive-rubber-molding-market-38848297.html

Light Duty Vehicle Market for North America Size, Share, Analysis

noreply@blogger.com (Automotive Market Research) — Mon, 22 Jul 2019 18:17:00 +0000

The objective of the study is to analyze and forecast (2013 to 2021) the North American light duty vehicle market by volume (‘000 units) and by country. The report segments the market By Key OEM & Model, Engine Capacity, Fuel, Turbocharger, Transmission, After treatment Devices, Steering & Safety System, RVD, ADAS, and Country & Vehicle Type (Passenger Car, Light Trucks & AFV). A detailed study of various market leaders has been done and opportunity analysis has been provided in the report.

North American light duty vehicle production is driven by the U.S., which accounts for 67.5% of the total North America light duty vehicle production in terms of volume. Stringent emission regulations leading to light weighting/engine downsizing has also fueled the growth of light duty vehicles in the region. The light duty vehicle market for North America is projected to grow at a CAGR of 5.65% during the forecast period, to reach 24540.0 thousand units by 2021, from an estimated 18647.1 thousand units in 2016. The base year for the report is 2015 and the forecast year is 2021.

To know about the assumptions considered for the study, download the pdf brochure

The North American light duty vehicles ecosystem consists of various major manufacturers such as General Motors (U.S.), Ford Motor Company (U.S.), Honda Motor (Japan), Hyundai Motors (South Korea), and Fiat Chrysler Automobiles (U.K.), and Toyota Motor Corporation (Japan).

Target Audience

Automotive OEMs
Automotive engine manufacturers
Automotive turbocharger manufacturers
Automotive transmission manufacturers

The increasing demand for light duty vehicles in North America, stringent emission regulations leading to light weighting/engine downsizing, and infrastructure growth has led to an increase in passenger car production in North America.

The North American passenger car production market is dominated by the two major domestic players: The Ford Motor Company and Chevrolet, a division of General Motors (GM). The Japanese player such as Toyota and Honda also hold a considerable market share. The Ford F-series, Chevrolet Silverado, GM Sierra and the Honda CR-V are the best-selling models of their respective companies

The turbocharged vehicle segment is estimated be the fastest growing during the forecast period. With the increased focus on fuel efficiency and emission norms, a majority of the car OEMs are focusing on small sized vehicles along with downsizing larger engines with the help of turbocharger technology in order to provide better fuel efficiency.

The North American passenger car market is favorable for gasoline vehicles, but it has started moving towards diesel and hybrid vehicles. The U.S. government is taking steps to promote electric vehicles (EVs), and plans to introduce 48 electric charging corridors which will cover 25,000 miles of highways.

https://www.marketsandmarkets.com/Market-Reports/north-american-automotive-production-market-266497462.html

Global Wiper Motor Aftermarket By Vehicle Type, Region | Industry Report 2021

noreply@blogger.com (Automotive Market Research) — Fri, 19 Jul 2019 17:15:00 +0000

The wiper motor is a critical component that drives the wiper system. Wiper systems are used on a regular basis in case the vehicle is subjected to adverse conditions such as rainfall or snowfall. Continuous use of a wiper system will result in wear and tear of the motor, which would then have to be replaced. Thus the need of replacement of the wiper motor when subjected to adverse conditions will drive the wiper motor aftermarket. The market is projected to grow from USD 2.31 Billion in 2016 to USD 2.65 Billion by 2021, at a CAGR of 2.78%.

The objective of the study is to define and segment the wiper motor aftermarket for the passenger car and commercial vehicle segments. The primary aim of the research study is to strategically analyze the market with respect to individual growth trends and future prospects. The report includes a competitive study of various market leaders and an opportunity assessment for various stakeholders.

To know about the assumptions considered for the study, download the pdf brochure

The wiper motor aftermarket eco-system comprises established global wiper motor manufacturers. Major manufacturers include Valeo S.A. (France), Robert Bosch GmbH (Germany), Magneti Marelli (Italy), DOGA Automotive (Spain) and WAI Global (U.S.A.). The eco-system also includes regional automotive associations such as Society of Indian Automotive Manufacturers (SIAM), Japan Automotive Manufacturers Association (JAMA), European Automobile Manufacturers Association (ECEA) and the Independent Automotive Aftermarket Federation.

Target Audience

Automobile original equipment manufacturers (OEMs)
Manufacturers of wiper system and their components.
Independent aftermarket suppliers.
Research institutes
Traders, distributors, and suppliers of wiper motor.
Market research and consulting firms

The Asia-Oceania market for wiper motor aftermarket is expected to grow at a promising CAGR during the forecast period. The region comprises countries such as China, India, Japan, and South Korea, which have been considered for the study. China and India are among the fastest developing economies in the world. Growing awareness about vehicle safety will likely boost the wiper motor aftermarket. Clear visibility is a critical aspect while driving. The effective functioning of a wiper motor is very essential while driving in adverse conditions as it will ensure clear visibility and a safe journey.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Global Automotive Air Filter Market Size is Compute To Reach a CAGR Value Of 4.35% by 2025

noreply@blogger.com (Automotive Market Research) — Thu, 18 Jul 2019 18:08:00 +0000

The automotive filters market (OE) is estimated to grow at a CAGR of 4.35% from USD 2.81 Billion in 2017 to USD 3.94 Billion by 2025. The aftermarket for automotive filters in 2017 was USD 21.60 billion, and it is projected to reach USD 23.31 billion by 2025, at a CAGR of 1.14 % from 2018 to 2025.

Objectives of the Study:

To define, describe, and forecast the OE market, by filter type
To define, describe, and forecast the OE market, by ICE vehicle type
To define, describe, and forecast the air filters OE market, by media type
To define, describe, and forecast the cabin filters OE market, by material
To define, describe, and forecast the fuel filters OE market, by fuel type
To define, describe, and forecast the OE market, by electric & hybrid vehicle type
To define, describe, and forecast the OE market, by electric & hybrid vehicle filter type
To define, describe, and forecast the aftermarket for automotive filters, by filter type
To define, describe, and forecast the aftermarket for automotive filters, by region.

To know about the assumptions considered for the study, download the pdf brochure

Key Market Players:

Filters Market for Automotive ecosystem consists of manufacturers such as MANN+HUMMEL (Germany), Donaldson (US), Robert Bosch (Germany), MAHLE (Germany), Sogefi (Italy), Denso (Japan), Ahlstrom-Munksjö (Sweden), ACDelco (US), Hengst (Germany), and K&N Engineering (US); OEMs such as Volkswagen (Germany), Daimler AG (Germany), Ford Motor Company (US), Hyundai Motor Company (South Korea), Toyota Motor Corporation (Japan), Tata Motors (India), Mahindra & Mahindra Ltd (India); and component manufacturer associations such as Automotive Component Manufacturers Association of India (ACMA), Japan Automotive Manufacturers Association (JAMA), European Automobile Manufacturers’ Association (ACEA), and Canadian Vehicle Manufacturers’ Association.

Target Audience

Automotive filters suppliers
Dealers and distributors of automotive filters
Industry associations
Manufacturers of automotive filters
Supportive raw material suppliers for automotive filters
Vehicle components/systems manufacturers

The North America region is estimated to be the largest aftermarket during the forecast period. The passenger car and LCV are the largest contributors in the North American aftermarket for automotive filters owing to the highest vehicle parc and the highest average miles driven every year compared to the other regions.

https://www.marketsandmarkets.com/Market-Reports/automotive-air-filters-market-1270.html

AUTOMOTIVE MOTORS MARKET 2017-2022: GLOBAL SIZE, SHARE, EMERGING TRENDS, DEMAND, REVENUE AND FORECASTS RESEARCH-THE NEWSWEEK GROUP

noreply@blogger.com (Automotive Market Research) — Wed, 17 Jul 2019 18:03:00 +0000

The automotive motors market, by value, is projected to grow at a CAGR of 6.02% during the forecast period, to reach USD 34.48 Billion by 2022.

The research methodology used in the report involves various secondary sources such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and suppliers have been interviewed to understand the future trends of the market. The bottom-up and top-down approaches have been used to estimate and validate the size of the global market. The market size, by volume, is derived by identifying the region-wise production volumes and analyzing the demand trends.

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the automotive motors market consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), Nidec Corporation (Japan), Johnson Electric Holdings Ltd. (Hong Kong), and Denso Corporation (Japan), and research institutes such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Target Audience

Automobile manufacturers
Automotive motor manufacturers
Automotive component manufacturers
Automobile organizations and associations
Automotive motor component suppliers
Raw material suppliers for automotive motors
Traders and distributors of automotive motors
Tier 1, Tier 2, and Tier 3 suppliers of automotive motors
Distributors and suppliers of automotive components and parts

The global market, by vehicle type, is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment is estimated to account for the largest share of the market in 2017, followed by light commercial vehicles (LCV) and heavy commercial vehicles (HCV).

On the basis of electric vehicle type, the market is segmented into Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), and Battery Electric Vehicle (BEV). HEV is estimated to account for the largest share of the market among the electric vehicle types and is expected to remain predominant during the forecast period. Also, in terms of growth, PHEV is projected to grow at the highest CAGR, followed by BEV and HEV, respectively. Increasing government support for green vehicles is propelling the demand for electric vehicles, which, in turn, is increasing the demand for automotive motors.

Restraints of the Market:

Due to stringent environmental norms and rising demand for vehicles with better fuel efficiency, automotive suppliers are looking at lighter components for weight reduction, which would help to meet the demand for lower emissions and better mileage. Tier II suppliers are developing light weight raw materials through technological advancements without compromising on the structural strength of the components. However, due to stiff competition in pricing, motor manufacturers are not able to pass on the benefit to their customers. Thus, weight and cost reduction can prove to be restraints for the growth of the market.

https://www.marketsandmarkets.com/Market-Reports/automotive-motor-market-119439985.html

Smart Electric Drive Market

noreply@blogger.com (Automotive Market Research) — Tue, 16 Jul 2019 17:37:00 +0000

“Smart Electric Drive Market by Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2022″, The smart electric drive market for automotive, by value, is projected to grow at a CAGR of 32.00% from 2017 to 2022, to reach USD 1,468.2 Million by 2022. Factors such as rising focus on stringent CO2 emissions norms, vehicle weight reduction, government initiatives, and increase in sales of green vehicles are projected to fuel the demand for smart electric drive technologies.

Battery market to be the largest market among smart electric drive components

Battery is the power source for any smart electric drive system. Presently, battery costs almost one third of the total BEV price. It is observed that the battery price has shown a decline of 20% from 2011 to 2016. Hence, considering the rapid improvements in the battery technology, the price of the battery is projected to decrease significantly over the period of next five to eight years. OEMs and battery manufacturers are working towards development of high energy density battery to deliver more distance coverage on a single charge. Lithium-ion batteries are the most widely used battery technology in electric, hybrid, and plug-in hybrid electric vehicles for their features like low self-discharge, good high temperature efficiency, high energy performance, and high power-to-weight ratio compared with other battery technologies such as lead acid and Nickel-Metal Hybrid. Since the automotive industry is moving towards electric and hybrid vehicles, the battery market is booming.

To know about the assumptions considered for the study, download the pdf brochure

E-Wheel drive market to grow at the fastest pace in the smart electric drive market

With the rising concerns about the factors like zero emission, vehicle weight reduction, and the need for space for other applications, the demand for e-wheel drive is likely to increase in the near future. E-Wheel drive is directly mounted on the wheel rim, which houses the brakes, motor, inverter, and power electronics fitted inside the rim. Schaeffler (Germany) is the key player operating in the e-wheel drive segment and has tested its e-wheel drive on Ford Fiesta models. The major benefit of e-wheel drive is the increase in space availability in the vehicle as many components are moved to wheel. It increases the space up to 50%, which gives the design flexibility. Since e-wheel drive is installed in the wheel, it delivers direct transmission to the road, which makes driving speedy and safe. Thus, owing to these benefits of the e-wheel drive, its market is expected to have exponential growth in the near future.

Presence of large number of EV manufacturers and strict emission regulations would drive the European smart electric drive market

The European region is estimated to be the fastest growing smart electric drive market during the forecast period. The market growth in the region can be attributed to the presence of many established manufacturers such as GKN (UK), ZF Friedrichshafen (Germany), Robert Bosch (Germany), MAHLE (Germany), Continental (Germany), and Siemens (Germany). Also, the strict emission regulations, rapid improvement in battery technology, and increasing demand for electric, hybrid and plug-in hybrid electric vehicles will boost the market for smart electric drive in the region.

The key companies profiled in the study are Siemens (Germany), Hitachi (Japan), Robert Bosch (Germany), Continental (Germany), ZF Friedrichshafen (Germany), HYUNDAI MOBIS (South Korea), AISIN SEIKI (Japan), Magna (Canada), Schaeffler (Germany), MAHLE (Germany), GKN (UK), BorgWarner (US), Infineon (Germany), Dana (US), Linamar (Canada), American Axle (US), AVL (Michigan), PUNCH POWERTRAIN (Belgium), WRIGHTSPEED (US), TM4 (Canada) , UQM TECHNOLOGIES (US), Efficient Drivetrains (US), Shanghai Edrive (China), SINOEV (US), and Magnetic Systems (UK).

https://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html

ADAS Market Report by Market Share, Growth Drivers, Challenges, and Investment Opportunities

noreply@blogger.com (Automotive Market Research) — Fri, 12 Jul 2019 18:31:00 +0000

ADAS market is estimated to be USD 20.2 billion in 2017 and is projected to reach USD 91.8 billion by 2025, at a CAGR of 20.96% from 2018 to 2025. ADAS technology improves the driving experience, while enhancing the vehicle and pedestrian safety. It is becoming an integral part of modern automobiles and is being adopted in passenger cars as well as commercial vehicles.

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the Advanced Driver Assistance System Market consists of tier I suppliers such as Robert Bosch (Germany), Continental (Germany), Denso (Japan), Intel (US), and Aptiv (UK).

Target Audience

Automobile manufacturers
Distributors and suppliers of ADAS
Industry associations and automotive experts
ADAS manufacturers
Automotive component manufacturers
Autonomous vehicle software providers
Electric vehicle manufacturers
Automotive technology providers
Tier 1, Tier 2, and Tier 3 suppliers

Radar sensor is the fastest growing segment of ADAS market, by component

The increased traffic congestion, roadways infrastructure, and government regulations for vehicle safety will drive the growth of various radar-based ADAS applications. The rising trend of autonomous and semi-autonomous vehicles in the automobile industry is projected to be another major driver for the global automotive radar market. The increased traffic congestion, infrastructure roadways, government regulations for vehicle safety, and adoption of automotive radar-based ADAS technology by OEMs has eventually created opportunities for various radar-based ADAS applications.

Hybrid Electric Vehicle (HEV) to acquire the largest share of ADAS market, by electric vehicle type

HEV is estimated to hold the largest share of the ADAS market, by electric vehicle. Stringent emission norms, environment safety, vehicle electrification, and government regulations are expected to boost the market for ADAS in HEV segment. ADAS is installed in HEVs for increasing passenger safety and also mitigate imminent accidents. Hence, increase in demand for safer, efficient, and convenient driving experience will propel the demand of ADAS.

Hyundai Ioniq and Toyota Prius are the top selling hybrid cars. Hyundai Ioniq is fitted with ADAS features such as adaptive cruise control, automatic emergency braking, and lane departure warning. Toyota Prius is equipped with ADAS as pedestrian detection system, adaptive front light, collision avoidance system, adaptive cruise control, intelligent park assists, and lane departure warning.

Asia Pacific: The largest market for the ADAS market

The Asia Pacific region is estimated to hold the largest share, by value, of the ADAS market in 2018. The safety regulations are present in a few Asia Pacific countries such as Japan and South Korea, and demand in these countries is anticipated to be on a rise for the next 5 years. Countries such as China, South Korea, and Japan are estimated to come up with the vehicle and road safety regulations regarding installation of ADAS in vehicles due to growing population as well as vehicle demand.

Don’t miss out on business opportunities in ADAS Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Rise in global seaborne trade in order to meet the consumer demand would drive the cargo shipping market

noreply@blogger.com (Automotive Market Research) — Thu, 11 Jul 2019 17:31:00 +0000

“Cargo Shipping Market by Cargo Type (Liquid, Dry, General, Container), Industry Type (Food, Electrical/Electronics, Mineral Fuels & Oils, Manufacturing), Trade Routes, Infrastructure, Regulations, and by Freight Forwarding – Global Trends and Forecast to 2021″

The cargo shipping market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo shipping market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. Global economic development, commodity supply and demand are key drivers fuelling the growth of the global cargo shipping trade.

Major Developments in Cargo Shipping Market

In May 2016, Maersk Line launched its new AC1 service, connecting the West Coast of Latin America with Asia. This new service will optimize its Asia to Central America network which will add a third loop to the AC network. The new service is expected to provide Maersk Line’s customers with reduced transit times and greater port coverage on certain corridors while maintaining the network’s stability
In April 2016, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line signed a Memorandum of Understanding to form a new alliance. The new alliance offers competitive products and comprehensive service networks across the globe
In December 2015, MSC has entered in a new vessel sharing agreement with Hapag-Lloyd, Hamburg Süd, CMA CGM, China Shipping and Hyundai. This new agreement ensures that MSC customers will get wider port coverage and faster transit times. The number of weekly sailings available to customers will increase from one per week to three. Additionally, there would be a notable improvement in transit times.

To know about the assumptions considered for the study, download the pdf brochure

Container Transport: A promising market

The growth in container transport will have highest growth in cargo shipping trade compared to other types of cargos. Demographic changes and the increased globalization drives the growth for container transport. Additionally, the investments in port infrastructure, global supply & demand cycle will have positive impact on container transport. Asia-Pacific region dominates the container transport followed by Europe and North America in 2016.

Asia-Pacific: Largest market for cargo shipping trade

Asia-Pacific accounted for the largest share of the global cargo shipping trade in 2016. Developing Asian economies are driving growth in Asia-Pacific region. China is major exporter in Asia-Pacific as it is developed as manufacturing hub. Market demand, developments in port infrastructure and strong government support have enabled Asia-Pacific to achieve largest market share.

The European region has been segmented into Germany, France, the U.K., Spain and Russia. Europe is estimated to account for the second-largest share in the global cargo shipping trade in 2016. The EU countries are expected to show steady growth in near future due to various initiatives by European Union and rising global demand.

North America is estimated to have the third-largest market share in cargo shipping trade, by volume, in 2016. . The North American cargo shipping market is projected to grow at a promising CAGR during the forecast period. Growth in global economies will be major factor for cargo shipping trade growth as Canada and Mexico are export oriented economies.
The report analyses all major players in the shipping industry, including A.P. Møller – Mærsk A/S (Denmark), Mediterranean Shipping Company SA (Switzerland), CMA CGM SA (France) And Hapag-Lloyd Ag (Germany), along with major freight forwarding players.

It covers the global cargo shipping market, in terms of volume (million tons) and value (USD billion). It explains the qualitative and quantitative aspects of the market on the basis of region, cargo type, industry type and trade route from 2016 to 2021. It also provides an overview of other important aspects of the global cargo shipping market.

Hybrid System Market Investigation by Application, Technology and Product Type

noreply@blogger.com (Automotive Market Research) — Wed, 10 Jul 2019 17:35:00 +0000

Hybrid System Market by System (Start-Stop, Regenerative Braking, EV Drive, eBoost), Component (Battery, DC/DC Converter, DC/AC Inverter, eMotor), Battery (Li-Ion, Lead Acid, NiMH), Vehicle (Mild Hybrid, HEV, PHEV, EV) – Global Forecast to 2022″, The hybrid system market is projected to grow at a CAGR of 10.79% from 2017 to 2022, to reach a market size of USD 40.99 billion by 2022. The market is primarily driven by the increasing demand for higher fuel efficiency, high voltage applications, and stringent emission regulations by governments that have forced the manufacturers to adopt the hybrid and electric vehicle technology.

Hybrid System Market Target Audience

Hybrid System Component Manufacturers
Distributors and Suppliers of Hybrid System Components
Independent and Authorized Dealers Hybrid Components
Hybrid System Manufacturers
Electric Vehicle Manufacturers
Industry Associations and Experts

“HEVs estimated to showcase the largest demand for Hybrid Systems”

The HEV segment is estimated to hold the largest share of the hybrid system market. HEVs use hybrid systems such as start-stop, regenerative braking, and E-booster. The demand for the hybrid system in HEVs is influenced by the total HEV vehicle sales. According to MarketsandMarkets analysis, the HEV vehicle sales are projected to grow from 1.8 million units in 2016 to 4.6 million units in 2022 and are expected to increase further in the future. Furthermore, the conversion of a conventional vehicle to an HEV is the least inexpensive option in comparison to PHEVs and BEVs. Hence, the hybrid system market is led by the HEV vehicle segment.

“Plug-in charging system to be the fastest growing segment of the Hybrid System Market”

The plug-in charging system segment is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the various initiatives by government bodies to improve EV charging infrastructure across the world. The growth can also be attributed to high growth projections of BEVs and PHEVs in countries such as China and Japan. For instance, China has an ambitious plan of going all electric by 2025. Both these vehicle types use a plug-in charging system. Hence, this system is expected to experience the highest growth during the forecast period.

To know about the assumptions considered for the study, download the pdf brochure

“North America expected to be the fastest growing market for Hybrid System”

The hybrid system market for North America is estimated to grow at the highest rate during the forecast period. The increasingly stringent CAFE regulations have led to an increase in the demand for hybrid and electric vehicles in the region. Thus, the region is expected to see the fastest growth in the sales of hybrid and electric vehicles during the forecast period. Hence, the market for hybrid system in North America is also expected to grow in line with the growth of hybrid and electric vehicles.

The hybrid system market is dominated by a few global players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Denso (Japan), ZF (Germany), and Valeo (France). There are certain key innovators gaining attention in the hybrid system market including UQM Technologies (US), Schaeffler (Germany), and Johnson Controls (US).

Don’t miss out on business opportunities in Hybrid System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Optoelectronics Market Report, Regional Share, Key Players, Supply/Demand Analysis

noreply@blogger.com (Automotive Market Research) — Tue, 09 Jul 2019 17:20:00 +0000

Optoelectronics Market for Automotive by Devices (LED, Image Sensor, Infrared, Laser Diode, Optocoupler), Application (Position Sensor, Convenience & Climate, Safety, Lighting), Vehicle (PC, CV), EV Type, Aftermarket, and Region – Global Forecast to 2025.

The Automotive Optoelectronics Market is estimated to be USD 3.88 billion in 2018 and is projected to reach a market size of USD 9.80 billion by 2025, growing at a CAGR of 14.13% during the forecast period. The major factors driving the growth of the global automotive optoelectronics market are the increase in sales of luxury and ultra-luxury vehicles and high demand for LEDs lighting and safety application.

To know about the assumptions considered for the study, download the pdf brochure

Objectives

To define, describe, and project the market (2018–2025), in terms of value (USD million)
To provide detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
To analyze and forecast the market and estimate the market size, by value, based on devices, application, EV type, vehicle type, market channel type, and region
To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansions

Opportunities

Increasing R&D in the field of optoelectronics technology

The research and development programs in the optoelectronic components market are focused more on the development of technology to meet the growing consumer demand and enabling integration of these devices into various automotive components. Various R&D communities are investigating optical and optoelectronic approaches for high-speed optical computing and next-generation communication networks. These research divisions are also trying to obtain the optimal combination of materials and devices to make functional elements that perform advanced optoelectronic functions, which will ultimately be used in photonic systems.

Rising demand for electric vehicles

According to the US Environmental Protection Agency, the transportation sector was responsible for nearly 28% of the total greenhouse gas emissions in 2016, becoming one of the leading causes of the increase in global temperature. Hence, various governments are promoting the use of electric vehicles for transportation as they significantly reduce automotive emissions.

Challenges

Aftermarket Installation

As Original Equipment Manufacturers (OEMs) do not provide optoelectronics devices for all vehicles, consumers generally get them installed from the aftermarket. OEMs provide LED lighting, digital display, and LED ambiance lighting in the top variants only. Consumers prefer to install LED display and ambiance lighting in the aftermarket as these are not provided as a standard feature by OEMs. Thus, the aftermarket for automotive optoelectronics is significantly large. OEMs generally have specifications for the production of optoelectronic devices; this aspect cannot be regulated when they are manufactured as an aftermarket accessory. The aftermarket installation is thus a major challenge for the growth of the OEM automotive optoelectronics market.

The LED segment is estimated to be the fastest growing market in the automotive optoelectronics market during the forecast period, by devices

The LED segment is estimated to be the fastest growing segment, by value, of the automotive optoelectronics market during the forecast period. The high demand for aesthetic lighting to improve the comfort and safety inside the vehicle for the occupants is governing the growth of LED segment devices.

Asia Pacific is estimated to be the fastest growing regional market for automotive optoelectronics market

The Asia Pacific region is projected to be the fastest growing market for automotive optoelectronics during the forecast period. The market growth in the region can be attributed to the rapid growth of the automotive sector in countries such as China, Japan, India, and South Korea. Moreover, the improved lifestyle of consumers and rapid urbanization have boosted the demand for passenger cars and commercial vehicles, thus, driving growth of the automotive optoelectronics market in the region.

Don’t miss out on business opportunities in Optoelectronics Market for Automotive. Speak to our analyst and gain crucial industry insights that will help your business grow.

Baggage Handling System Market Analysis, Major Competitor and Strategies, Regional Outlook

noreply@blogger.com (Automotive Market Research) — Mon, 08 Jul 2019 18:16:00 +0000

Baggage Handling System Market by Mode (Airport, Marine, Rail), Solution (Check-In, Screening & Load, Conveying & Sorting, Unload & Reclaim), Check-In (Assisted, Self), Conveying (Conveyor, DCV), Tracking (Barcode, RFID) and Region – Global Forecast to 2025.

Global baggage handling system market is projected to reach USD 13.7 billion by 2025 from USD 8.4 billion in 2018, at a CAGR of 7.28%. The growing focus on improving air connectivity and the development of intermodal transport will drive the baggage handling system market. Additionally, the rising smart city projects and growing maritime industry are also expected to drive the demand for baggage handling systems. Factors such as complex architecture and high level of initial investments are restricting the growth of this market. However, an increase in passenger and cargo traffic with a limited airport space provides new growth opportunities for the market players.

The conveying and sorting segment is expected to be the largest contributor in the market, by solution, during the forecast period.

The conveying and sorting segment is projected to lead the market, by solution. According to primary insights, sorting is the heart of the total luggage handling system. The exponential increase in air and marine passenger volume for domestic and international travels worldwide has encouraged manufacturers to find ways to improve existing baggage handling technologies with automated sorting. According to Société Internationale de Télécommunications Aéronautiques (SITA), with a rise in automation reflected in increasing use of conveyor systems, the rate of baggage mishandling reduced in 2018 compared to 2017.

Asia Oceania to be the largest market for baggage handling systems.”

Asia Oceania is expected to provide lucrative opportunities in the baggage handling system market. Factors such as strong economic growth, increasing focus on development of smart cities, and favorable government policies for improving air connectivity have triggered the demand for baggage handling systems in the region. Due to the ever-growing air passenger traffic, China accounts for the highest market share of the total Asia Oceania baggage handling system market. Additionally, with a significant focus of the government on development of new airports, India is expected to play a key role in the baggage handling system industry in the Asia Oceania region. For instance, the Indian government plans to construct 100 new airports with an investment of about USD 60 billion in the next 10–15 years. On the other hand, Europe and the Americas have matured markets for the baggage handling systems.

The baggage handling system market is dominated by few global players and comprises several regional players as well. The key players in the baggage handling system market are Siemens (Germany), Vanderlande Industries (Netherlands), Daifuku (Japan), Pteris Global Limited (Singapore), BEUMER (Germany), and SITA (Switzerland).

Don’t miss out on business opportunities in Baggage Handling System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Hybrid System Market Competitive Insights, Growth and Forecast 2017-2022

noreply@blogger.com (Automotive Market Research) — Fri, 05 Jul 2019 17:26:00 +0000

Objectives of the Study:

To define, describe, and project the hybrid system market, by battery type (lead acid, Li-ion battery, and Nickel-based) during the forecast period, in terms of volume and value
To identify and forecast the hybrid system market from 2017 to 2022 based on component (12V battery, high voltage battery, DC/AC inverter, DC/DC converter, DC/DC boost converter, E-motor, motor controller and AC/DC charger), in terms of volume and value at regional level
To analyze and forecast the hybrid system market based on system type (start-stop, regenerative braking, EV drive, E-boost, sailing, and plug-in charging system) and vehicle type (mild hybrid, HEV, PHEV, and BEV) from 2017 to 2022, in terms of volume and value at country level
To identify the market dynamics, including drivers, restraints, opportunities, and challenges, and analyze their impact on the hybrid system market
To analyze the competitive leadership map for the key players based on their product offerings and business strategies to identify the dynamic differentiators, innovators, visionary leaders, and emerging companies in the hybrid system market

To know about the assumptions considered for the study, download the pdf brochure

Hybrid System Market Target Audience

Hybrid System Component Manufacturers
Distributors and Suppliers of Hybrid System Components
Independent and Authorized Dealers Hybrid Components
Hybrid System Manufacturers
Electric Vehicle Manufacturers
Industry Associations and Experts

Key Market Players

The hybrid system market ecosystem consists of hybrid system manufacturers such as Bosch (Germany), Continental (Germany), Denso (Germany), ZF (Germany), and Johnson Controls (US). Hybrid system is supplied to major OEMs in the automotive industry including Nissan (Japan), General Motors (US), Toyota (Japan), and others.

Hybrid System Market, By Battery Type & Country, 2015-2025

Lithium-Ion
Nickel-Based
Lead Acid
Solid State Battery

The hybrid system market is projected to grow at a CAGR of 10.79% during the forecast period and is projected to reach USD 40.99 billion by 2022. Owing to the benefits offered by hybrid system, such as elimination of mechanical linkages, improved fuel efficiency and, thereby, decreased tail-pipe emissions, the demand for these systems is projected to grow in near future. Also, secondary factors such as increase in demand for electric & hybrid vehicles, government subsidies for BEVs, and investments in charging infrastructure will fuel the demand for hybrid systems in the coming years.

Regenerative braking system is projected to be the largest segment of the mild hybrid system market, by value. The major factor contributing to the large demand for regenerative braking system in the mild hybrid cars is the fact that it can reduce fuel consumption of a car by 10–25% according to the International Council on Clean Transportation (ICCT). Asia Pacific is the region with the highest growth of regenerative braking system market size in terms of volume and value because of the increasing elctric cars sales volume in the region, followed by North America where the sales of electric vehicles are growing significantly.

North America expected to be the fastest growing market for Hybrid System

Don’t miss out on business opportunities in Hybrid System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Automotive Lighting Market 2017-2022 Upcoming Trends, Demands and Market Growth

noreply@blogger.com (Automotive Market Research) — Thu, 04 Jul 2019 17:50:00 +0000

Automotive Lighting Market for ICE & EVs By Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region – Forecast to 2022.

The automotive lighting market is directly influenced by the automotive industry production of vehicles. Any fluctuation in the production of vehicle affects the dynamics of the automotive lighting market. Due to an increase in the demand for vehicle, it is estimated that the automotive lighting market would grow in the years to come. Due to the stringent emission norms, environment, and health and safety concerns, the governmental regulatory authorities have issued guidelines and regulations associated with the mentioned concerns. The norms and guidelines encourage the automotive lighting systems manufacturers to develop an efficient lighting system. It is anticipated that automotive lighting would show significant growth in the next seven years.

To know about the assumptions considered for the study, download the pdf brochure

Asia-Pacific is the largest market for automotive lighting with China that accounted for a major portion in 2013. Large scale production has benefited the Chinese automotive lighting industry. In North America, the U.S. is the biggest vehicle manufacturer which accounted more than 50% of the total vehicle production in North America. Owing to a steady economic recovery post the economic slowdown, the U.S. is witnessing an increase in vehicle production. As a result, the automotive lighting industry is benefiting from the high vehicle demand and is estimated to grow at a significant rate. The trend for investments is unlikely to change, as the Asia-Pacific region will be the preferred destination for the automotive lighting industry. This is due to the fact that a majority of the global vehicle production is carried out in the Asia-Pacific region.

With the continuous developments in LED and intelligent lighting technologies, various automobile manufacturers have succeeded in lower energy consumption levels of lighting units and to provide better and safer visibility system. Koito Manufacturing (Japan), Valeo S.A. (France), and Hella KGaA Hueck & Co. (Germany), are the major players in the automotive lighting market. The advanced automotive lighting would help the automotive manufacturers to cater to stringent emission norms put in effect by various nations. The developing markets for automotive lighting such as India, China, Brazil, Russia, and others are expected to act as new value generators in future. The booming economy of these countries has also changed the buying pattern, as customers buy vehicles with efficient lighting technology.

Automotive front lighting to be the largest segment

The study considers four lighting positions in a vehicle for the estimation of the market size, namely, front, rear, side, and interior. The front lighting market is projected to constitute the largest lighting market, by value, in 2022. Driver safety and advanced features such as auto on/off and auto leveling are some of the adaptive lighting solutions that are gaining popularity in the front lighting segment. Halogen is presently dominating the front lighting segment. However, owing to benefits such as operation at lower temperature, low energy consumption, and freedom to design, advanced technologies such as LED projector headlamps are gaining popularity in recent years. The Laser technology is new to the market and is gaining popularity owing to its bright illumination.

Interior lighting segment to grow at the fastest pace in the Lighting market for Automotive

With the increase in use of LED lights for interior applications, the segment has increasingly grown in vehicles across the globe. OLED lighting offers design flexibility and can be used even for minute lighting solutions. With such technological advancement, it has become possible for the manufacturer to offer advanced lighting solutions such as mood lighting. Hence, with technological and design modifications, the interior lighting market is expected to be the fastest growing market.

Growing markets like China and India to drive the lighting market for automotive industry

China and India together contribute 35% of the global vehicle production and approximately 34% of the global passenger car production. Owing to increasing vehicle production, the demand for automotive lighting will also increase in the region. The lighting market for exterior applications is estimated to be the largest market in the region and halogen technology will have the largest share.

Automotive Power Electronics Market Report 2017-2022 Featuring Major Players - Texas Instruments, NXP Semiconductors NV

noreply@blogger.com (Automotive Market Research) — Wed, 03 Jul 2019 14:56:00 +0000

Automotive Power Electronics Market by Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security), Vehicle (PC, CV), EV (PHEV, BEV, HEV), Component (MCU, Power IC, Sensor), and Region – Global Forecast to 2022

The automotive power electronics market is expected to reach USD 5.49 Billion by 2022, at a CAGR of 4.48% between 2017 and 2022. The most significant factor driving the automotive power electronics market is the increasing vehicle production which, in turn, is leading to the rise in demand for the installation of power electronic components in the automobiles. The rising trend of vehicle electrification and the growing demand for advanced safety, convenience, and comfort systems are the other factors driving the growth in the installation of the power electronic components in the automobiles.

The automotive power electronics market is dominated by few global players and many regional players. The ecosystem of the automotive power electronics market includes research & development, raw material supply, assembly and manufacturing, system integration, marketing and sales, automotive manufacturing, end-users, and post sales services. The report also profiles the most promising players in the automotive power electronics market. The vendor micro quadrant matrix of this market presents an interesting picture where many big and small players have become a force to reckon with. Few of the profiled key players include STMicroelectronics N.V. (Switzerland), ON Semiconductors Corp. (U.S.), Toshiba Corp. (Japan), Renesas Electronics Corp. (Japan), and Qualcomm (U.S.).

Sample Global Automotive Power Electronics Market Report 2017

STMicroelectronics N.V. is a global automotive component supplier with a major focus on power electronics and its components such as power ICs, microcontroller units (MCU), and sensors. The company has achieved a complete specialization in the production of semiconductor components. It offers a wide range of product portfolio for automotive power electronics. For example, in 2016, STMicroelectronics N.V. introduced new MCUs, especially for catering the safety and security applications in the automotive industry. This MCU is designed for airbags, Anti-lock Braking Systems (ABS) in cars and motorcycles, power steering, and DC/DC converters/inverters for hybrid/electric vehicles.

Another major player is ON Semiconductors Corp. (U.S.), which is one of the largest suppliers of automotive power electronics components, across the globe. ON Semiconductors Corporation completes the acquisition of Fairchild Semiconductors for USD 2.4 billion. The motto of this acquisition was to improve the cost structure and to expand the profitability of the company, as stated by the company’s CEO.

Asia-Pacific: Rapid vehicle electrification in the Chinese market is propelling the growth of the automotive power electronics market in the Asia-Pacific region

The demand for technologically advanced cars has also witnessed a boost recently in the Asia-Pacific region with the convergence of the ICT sector, the automotive sector, and the transportation sector. This has resulted in the emergence of the advanced vehicle ecosystem. Upcoming safety regulations would increase the installation of automotive safety technologies in passenger cars. The emergence of driving assistance technologies has incentivized the OEMs to opt for efficient power electronic components to satisfy the ongoing market requirement. Thus, the increasing use of technologically advanced cars is expected to push the need for power electronics in cars in the Asia-Pacific market.

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

Detailed analysis and profiling of additional regions (up to 3)
Detailed analysis and profiling of additional market players (up to 3)
Detailed analysis of additional automotive power electronic component (only 1)
Detailed analysis of automotive optoelectronics market(up to 2 regions)
Detailed analysis of hybrid and electric vehicles power electronics market
Detailed analysis of market, in terms of power output by battery

The global market, in terms of value, is estimated to be USD 4.41 Billion in 2017 and is projected to grow to USD 5.49 Billion by 2022, at a CAGR of 4.48%. The automotive industry has been focusing on improving the quality aspect of vehicles. Automated electronic control technologies for automotive systems such as advanced driver assistance systems (ADAS), electronic stability control (ESC), and electronic control unit (ECU) have been evolving steadily year after year. The emerging trend of the automotive industry is to manufacture vehicles that feature advanced technologies with optimized weight-cost ratio.

For more information about this report visit:

https://www.marketsandmarkets.com/Market-Reports/automotive-power-electronics-market-226516353.html

Artificial Intelligence in Transportation Market by Continental, Magna, Bosch, Valeo, ZF

noreply@blogger.com (Automotive Market Research) — Tue, 02 Jul 2019 16:54:00 +0000

The key strategy adopted by the major players in the artificial intelligence in transportation market is supply contracts/partnerships/joint ventures. OEMs along with Tier-I suppliers and software suppliers have joined hands to gain a competitive advantage in the artificial intelligence in transportation market. Leading players are collaborating with regional players to cater to the growing demand. For instance, in April 2017, Bosch and the University of Amsterdam decided to collaborate in the field of artificial intelligence. Over the next four years, Bosch will make a total investment of USD 3.34 million in this partnership. New product development is the second most widely followed strategy in the market. In July 2016, ZF launched a ‘Highway Driving Assist Multi-Lane’ system, which combines environmental sensing, braking, automatic steering, and acceleration to maintain vehicle control.

The artificial intelligence in transportation market is projected to grow at a CAGR of 17.87% from 2017 to 2030, and the market size is expected to grow from USD 1.21 Billion in 2017 to USD 10.30 Billion by 2030. The market growth is primarily driven by factors such as increasing demand for assisted driving, increasing level of automation, and enhanced connectivity. Other factors driving the growth of the artificial intelligence in transportation market are a reduction in the number of accidents caused due to human error and demand for reduced traffic congestion.

Download Free PDF:

Objectives

To define, segment, and forecast the AI in transportation market (2017–2030), in terms of value (USD million)
To define, describe, and project the market, by application (autonomous trucks, HMI in trucks, and semi-autonomous trucks) at country level
To define, describe, and project the AI in transportation market, by offering, by process, and by machine learning technology in regions, namely, Asia Oceania, Europe, North America, and the Rest of the World (RoW)
To define, describe, and project the truck platooning market for artificial intelligence, in terms of volume (‘000 units) and value (USD million)
To provide a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges)
To analyze the competitive landscape which includes recent developments (new product developments, expansion, mergers & acquisitions, supply contracts/joint ventures) by the OEMs, software/solution providers, Tier-1 companies, and startups

Key Market Players:

The ecosystem of the artificial intelligence in transportation market consists of Tier I suppliers and software/service providers such as Continental (Germany), Bosch (Germany), NVIDIA (US), and Microsoft (US). These systems and technologies are supplied to automotive OEMs such as Volvo (Sweden), Daimler (Germany), and others.

The artificial intelligence in transportation market is dominated by a few global players and comprises several regional players. In the software/service providers segment, NVIDIA (US) is a leading player in the artificial intelligence in transportation market and is among the world leaders in the visual computing business. The company has a well-established geographic footprint and deals with major OEMs and original design manufacturers (ODMs) across the globe. In addition, the company has a first-mover advantage with the launch of DRIVE PX, an open AI vehicle computing platform, in January 2017. The company has also made a substantial investment in its R&D division. It has adopted the strategy of supply contracts/partnerships/joint ventures to increase its presence in the artificial intelligence in transportation market. In July 2017, NVIDIA (US) partnered with Baidu (China) to bring the artificial intelligence (AI) technology to self-driving vehicles, cloud computing, and AI home assistants.

Volvo (Sweden) is identified as the leading player among OEMs in the artificial intelligence in transportation market. The company has a robust product portfolio in transportation sector such as city buses, coaches, and others. The company offers premium products and services related to artificial intelligence such as self-driving trucks, HMI, fleet management, and others. Volvo (Sweden) has been working on truck automation for 20 years. The company follows the strategy of new product development to gain a competitive advantage in the artificial intelligence in transportation market. In July 2017, the company launched its new “VNL” series of semi-trucks, which offer many self-driving features and safety systems such as forward collision warning, adaptive cruise control, lane departure warning, and automatic emergency braking. Similarly, in May 2017, the company launched an integrated system for infotainment and services in vehicles.

https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-in-transportation-market-261260227.html

Booming growth of Automotive Fuel Injection Pump Market by top key players like Robert Bosch, Continental, Denso, Delphi

noreply@blogger.com (Automotive Market Research) — Mon, 01 Jul 2019 16:40:00 +0000

Automotive Fuel Injection Pump Market by Type (Common Rail and Rotary Distributor), Application (Direct Injection and Multi Point Fuel Injection), Pressure (Low Pressure and High Pressure), Vehicle (PC, LCV, and HCV), and Region – Global Forecast to 2025

Market overview

The global automotive fuel injection pump market which is estimated to be valued at USD 20.91 Billion in 2017 is projected to reach a value of USD 38.20 Billion by 2025, growing at a CAGR of 7.8% during the forecast period from 2017 to 2025.

Based on type, the common rail fuel injection pump market held the largest market share, and is also projected to witness the highest growth over the forecast period. This growth can be majorly attributed to the increased demand for enhanced vehicle performance and continuous pressure throughout irrespective of the engine speed & load conditions.

Among applications, the market for direct injection system is expected to hold the largest market share during the projected period, owing to the increased use of direct injection system due to the increasing penetration of the system in the gasoline engine vehicles in North America.

Passenger Car is estimated to hold the largest market share during the forecast period

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https://www.marketsandmarkets.com/requestsample.asp?id=29840237

Direct Injection System is estimated to be the largest segment by application from 2017 to 2025

Key Market Players:

Some of the major players in the global market are Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK). The last chapter of this report covers a comprehensive study of the key vendors operating in the market. The competitive landscape is presented as a SWOT analysis of the leading players. The evaluation of market players is done by considering various factors such as new product development, R&D expenditure, business strategies, product revenue, and organic and inorganic growth.

Factors impacting the market growth

The growth of the global market for automotive fuel injection pumps is being primarily influenced by the following factors:

Increasing demand for fuel-efficient vehicles
Strict emission control norms by government regulatory bodies

Read More:

https://www.marketsandmarkets.com/PressReleases/automotive-fuel-injection-pump.asp

Automotive Connectors Market Witness Significant Growth in the Upcoming years

noreply@blogger.com (Automotive Market Research) — Fri, 28 Jun 2019 17:20:00 +0000

Automotive Connectors Market by Connection Type (Wire to Wire, Wire to Board, Board to Board), Application (Body Control & Interiors, Engine Control & Cooling System), System Type (Sealed, Unsealed), Vehicle Type, and Region – Global Forecast to 2021

The automotive connectors market, in terms of value, is projected to grow at a CAGR of 7.46% from 2016 to 2021. The market was estimated to be USD 4.38 Billion in 2016, and is projected to reach USD 6.28 Billion by 2021. In this study, 2015 has been considered the base year, and 2016 to 2021 the forecast period, for estimating the market size of the market.

Key Players

The ecosystem of the automotive connectors market consists of manufacturers such as TE Connectivity (Switzerland), Delphi Automotive (U.K.), and Sumitomo Electric (Japan), research institutes such as the Automotive Component Manufacturers Association of India (ACMA), Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA).

To know about the assumptions considered for the study, download the pdf brochure

Target Audience

Connectors Manufacturers
Automobile Original Equipment Manufacturers (OEMs)
Automobile Organizations/Associations
Connectors Suppliers
Research Institutes
Raw Material Suppliers for Connectors
Traders and Distributors of Connectors
Automotive Wires and Cables Manufacturers

Safety and security application to hold the largest share in the automotive connectors market, by application

The safety and security application is estimated to account for the largest share in the automotive connectors market, by value. Connectors used in these advanced safety systems may include connectors used in anti-skid braking system (ABS), airbags, vehicle immobilizers and others. Due to the increase in vehicle thefts, there is a huge opportunity for the growth of safety systems used in the automotive industry, leading to an increase in the number of connectors used in safety applications for a vehicle.

Sealed Connector System is expected to grow due to increasing number of heavy duty applications

Sealed connector system is estimated to hold the largest share, in terms of value, for the automotive connectors market, by connector system. Though the number of unsealed connectors is higher as compared to sealed connectors, sealed connectors tend to be costlier than their counterpart. Besides, sealed connector system is ideal for harsh environment and heavy duty applications. The rise in number of off-roading applications and commercial vehicles shall lead to the growth of the sealed connector system market.

Asia-Pacific: Largest market for the automotive connectors market

Asia-Pacific was estimated to account for the largest share, in terms of value, of the automotive connectors market in 2016. The demand for automotive connectors in this region is triggered by the increasing vehicle production in developing nations such as China, and increasing number of electric vehicles in countries such as Japan and others. The region is also the leading producer of automobiles in the world.

The report analyzes all major players in the automotive connectors market, including TE Connectivity (Switzerland), Delphi Automotive (U.K.), Yazaki Corporation (Japan), and Sumitomo Electric (Japan)

Automotive Windshield Market | Global Trends, Industry Size, Growth, Opportunities by 2025

noreply@blogger.com (Automotive Market Research) — Thu, 27 Jun 2019 18:09:00 +0000

“Automotive Windshield Market by Glass Type (Laminated and Tempered), Material Type (Thermoset and Thermoplastic), Position (Front and Rear), Vehicle Type (PCs, LCVs, and HCVs), Electric Vehicle Type (HEVs, BEVs, and PHEVs), and Region – Global Forecast to 2025“

The automotive windshield market is projected to grow at a CAGR of 6.28% during the forecast period, to reach USD 23.24 Billion by 2025 from an estimated USD 14.27 Billion in 2017. The increasing use of solar reflective glass for windshields, growing vehicle production, and increasing use of windshield for latest display technologies are the key drivers for the automotive windshield market.

Key Market Players:

The ecosystem of the automotive windshield market consists of manufacturers such as Saint-Gobain (France), Nippon Sheet Glass (Japan), Asahi Glass (Japan), and Fuyao Glass (China), and research institutes such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

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Target Audience

Automobile manufacturers
Automobile organizations/associations
Compliance regulatory authorities
Government agencies
Information Technology (IT) companies & System integrators
Investors and Venture Capitalists (VCs)
Raw material suppliers for automotive windshield
Traders, distributors, and suppliers of automotive windshield.

Asia Pacific: Largest market for automotive windshield

The Asia Pacific region is projected to be the largest market for automotive windshield from 2017 to 2025. The market growth in the region can be attributed to numerous factors such as increasing safety concerns among people, protection from ultraviolet rays, increasing vehicle production, and use of windshield for display purpose are expected to fuel the demand for automotive windshields.

Passenger car is estimated to hold the largest market share during the forecast period

Along with the passenger car production, the demand for safety and comfort features has also increased among the end-users. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA) statistics, the global passenger car production has increased from 59.90 million units (2011) to 72.11 million units (2016), at a CAGR of 3.78% over the period of 5 years. Also, developing countries such as China and India have witnessed significant economic growth, which in turn, is increasing the demand for passenger cars. The considerable increase in premium segments of cars is also driving the market for automotive windshields.

Laminated glass for automotive windshield is estimated to be the largest segment by range from 2017 to 2025

The growth of the automotive windshield market for glass segment is anticipated to be driven by the increasing use of glazed and solar reflective windshield for protection against harmful ultraviolet (UV) rays coming from the sun. Various automotive OEMs, especially in Asia Pacific, are offering solar reflective glasses, and safety glasses, especially for automotive windshields.

Read More: Automotive Windshield Market Size, Share, Growth by 2025

Global Artificial Intelligence in Transportation Market Opportunities, Challenges, Forecast and Strategies To 2030

noreply@blogger.com (Automotive Market Research) — Wed, 26 Jun 2019 17:03:00 +0000

The Artificial Intelligence in Transportation Market is projected to grow at a CAGR of 17.87% during the forecast period from 2017 to 2030, and the market size is expected to grow from USD 1.21 billion in 2017 to USD 10.30 billion by 2030. The development of autonomous vehicles and industry-wide standards to implement safety features such as the adaptive cruise control (ACC), collision warning, lane-keep assist, and advanced driver assistance systems (ADAS) would trigger the growth of the artificial intelligence in transportation market.

The artificial intelligence and machine learning technologies such as deep learning, computer vision, context awareness, and natural language processing will be the key growth drivers for the development of autonomous trucks. An autonomous truck may prove to be the next big evolution in transportation. Several major companies such as Volvo, Daimler, Scania, and DAF are developing and testing autonomous trucks. For a truck to be completely autonomous, many systems such as camera, radar sensors, and GPS must collaborate to provide a safe ride. Software companies such as NVIDIA, Intel, and Google are also focusing on the development of software for autonomous trucks. The governments of different countries are also making efforts toward autonomous operations. The NHTSA has mandated the use of rearview cameras in vehicles in the US. On 13th July 2009, the European Parliament made blind spot detection systems mandatory for all trucks to improve vehicle safety.

Software segment is estimated to hold the largest share of the artificial intelligence in transportation market.

The software segment is estimated to hold the largest market share of the artificial intelligence in transportation market in 2017. In recent years, major developments have occurred in AI software solutions, platforms, and related software development kits. These developments have taken place due to the need for advancement in the areas of object perception, machine translation, and object recognition. Companies such as Alphabet (US), Microsoft (US), IBM (US), and Intel (US) are among the frontrunners in the development of AI software. All these companies are acquiring or investing heavily in start-ups to maintain a strong position in the artificial intelligence in transportation market. In March 2017, Intel (US) acquired Mobileye (Israel) for approximately USD 15 billion. Software for deep learning technology has a major share in the AI in transportation market. Therefore, the need for advancement in autonomous trucks has led to a large amount of funding for various start-ups in the North American region.

Key Players of Artificial Intelligence in Transportation Market:

Volvo (Sweden)
Daimler (Germany)
Scania (Sweden)
Bosch (Germany)
Intel (US)
NVIDIA (US)

Data mining process is estimated to be the fastest growing segment of the artificial intelligence in transportation market.

The data mining segment is projected to grow at the highest rate during the forecast period from 2017 to 2030. A huge amount of data, collected from different sensors used in semi-autonomous or autonomous trucks, can be used to train the trucks to detect or recognize images, obstacles, and various scenarios one might encounter behind the wheel. Autonomous trucks have a potential of collecting more data from the outside environment and, hence, data mining will be of great importance in autonomous trucks. The North American region is estimated to have the largest market for data mining as the trucking industry has a huge influence on its economy. Similarly, the growing demand for predictive maintenance in transportation industry would boost the growth of the data mining process in the near future.

Target Audience of Artificial Intelligence in Transportation Market

Artificial intelligence hardware and software suppliers
Raw material manufacturers of artificial intelligence system components
Automotive OEMs
Artificial intelligence service/solution providers
Industry associations and connected vehicle systems manufacturers
Government’s national and regional environmental regulatory agencies or organizations
The automobile industry and related end-user industries

Data mining process is estimated to be the fastest growing segment of the artificial intelligence in transportation market.

Artificial Intelligence in Transportation Market, By Machine Learning Technology

Deep Learning
Computer Vision
Context Awareness
Natural Language Processing

North America is estimated to be the leading market for artificial intelligence in transportation. Transportation plays a significant role in the North American economy. According to American Trucker Association, there are 8.7 million truck-related jobs in the US, and the country still faces a shortage of truck drivers. Hence, major developments related to autonomous driving of trucks are taking place in this country. Additionally, incentives and high level of funding from the government plays a major role in the development of this technology. For instance, in 2016, the US government spent USD 4.00 billion to accelerate the acceptance of autonomous vehicles on US roads. Also, the Central North American Trade Corridor Association is planning to develop a driverless truck corridor from Mexico to Manitoba. Also, the region is home to leading technology companies such as Microsoft (US), Intel (US), and NVIDIA (US), which offer various

Automotive Control Panel Market | Magnificent Study by Trends, Dynamic Innovation in Technology and Key Players

noreply@blogger.com (Automotive Market Research) — Tue, 25 Jun 2019 17:01:00 +0000

“Automotive Control Panel Market by Components (Rotary Switch, Roof Control, Roof Light, Touch Pad, Smart Roof and others), Vehicle Type (Passenger Cars, LCV & HCV), and by Region (Asia-Pacific, North America, Europe & Row) – Global Forecast to 2021″

The automotive control panel market is projected to grow at a CAGR of 8.10%, from USD 74.65 Billion in 2016 to USD 110.18 Billion by 2021. The growing trend of vehicle electrification, increasingly stringent safety norms, and demand for enhanced cabin comfort are driving the automotive control panel market.

Key Market Players

The automotive control panel market report covers various globally established vehicle interior and control system manufacturers. Major market players include Faurecia S.A. (France), Magna International Inc. (Canada), Lear Corporation (U.S.), Continental AG (Germany), Johnson Controls, Inc. (U.S.), and Hyundai Mobis Co. Ltd. (South Korea). These companies have the technological capabilities required to develop advanced automotive control panels.

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Electric Window: Largest Market Segment

Electric windows are estimated to constitute the largest segment of the automotive control panel market (by value). Power windows or electrically operated windows are a common feature found in vehicles. Given its widespread adoption in all vehicle segments, the electric window segment is poised to hold the largest market share. OEMs have begun offering an additional switch that locks all the windows of the vehicle to enhance safety. The buying behavior of consumers is heavily influenced by the safety standards; thus, such additions will likely trigger the growth of the electric window market.

Driver Monitoring Camera: Fastest-Growing Segment

Driver monitoring cameras are estimated to be the fastest-growing segment of the automotive control panel market. These cameras detect any risky behavior on the part of the driver, and thereby help to avoid potentially dangerous situations during driving. The increasing incidence of road accidents caused by driver drowsiness or fatigue is driving the installation of driver monitoring camera systems. Increasing traffic in urban areas is also a key factor responsible for the rising number of road accidents. The rising demand for safety features in vehicles would accelerate the growth of the driver monitoring camera market.

Asia-Pacific: Largest Regional Market Segment

The automotive control panel market has been segmented into Asia-Pacific, North America, Europe, and RoW. Asia-Pacific is estimated to lead the automotive control panel market. OEMs in this region are enhancing their technologically capabilities and are thus able to offer better interior facilities for vehicles. The sales statistics for Asia-Pacific indicate promising growth potential, due to the increased comfort and safety levels in premium and luxury cars. North America is estimated to be the second-largest market for automotive control panels. The North American market is primarily driven by the increasing demand for enhanced comfort and convenience features.

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Critical Questions which the report answers:

Which region will lead automotive control panel market in future?
Which are key market players of market?
What are the major drivers and opportunities of market?

Automotive Gesture Recognition Systems Market with Industry Capacity, Future & Economic Aspect and Forecast To 2021

noreply@blogger.com (Automotive Market Research) — Mon, 24 Jun 2019 17:41:00 +0000

“Automotive Gesture Recognition Systems Market by Component Type (Touch Based Systems, and Touchless Systems), Authentication Type (Hand/Fingerprint/Leg, Face, Vision/iris), Application (Lighting System), and Region – Global Forecast to 2021″, The automotive gesture recognition systems (GRS) market is projected to grow at a CAGR of 30.5%, from USD 829.5 Million in 2016 to USD 3144.8 Million by 2021.

Browse 67 market data tables and 51 figures spread through 130 pages and in-depth TOC on “Automotive Gesture Recognition Systems Market

https://www.marketsandmarkets.com/Market-Reports/automotive-gesture-recognition-systems-market-7994636.html

The Multimedia application is estimated to be the largest market in automotive GRS market

The Multimedia segment is estimated to have the largest market share of the automotive GRS market Owing to the increased focus on reducing driver distraction factors, a majority of the GRS manufacturers and OEMs are focusing on enhancing the user experience while operating these infotainment or navigation systems and providing convenience and comfort to the driver.

The hand/ fingerprint authentication type of automotive GRS is estimated to be the fastest growing in automotive GRS market

The Hand/ Fingerprint segment is estimated to be the fastest growing authentication type in the automotive GRS market. Factors such as innovations in technological advancement, and increased safety regulations are prompting the growth of the visual interface market.

The Asia-Pacific is estimated to be the fastest growing region for the automotive GRS market

The Asia-Pacific is projected to be the fastest growing region for the Automotive GRS market, owing to the increased demand for automobiles with rising disposable income in countries such as China and India. The Asia-Pacific automotive GRS market is dominated by China, which is the key market for automobiles in the region owing to increased demand for automobiles and growth in per capita income in the country.

The major players such as Continental AG (Germany), HARMAN International Industries (U.S.), SoftKinetic (Belgium), Synaptics Incorporated (U.S), Visteon Corp (U.S), NXP semiconductors (Netherlands), Omek Interactive Ltd. (Israel), Qualcomm Inc. (U.S.), eyeSight Technologies Ltd. (Israel) and Cognitec Systems GmbH (Germany) are the automotive GRS manufacturers that have been covered in this study.