The global automotive turbocharger market is projected to witness significant rise in terms of revenue during the forecast period (2020–2030).
The global automotive torque converter market is expected to witness considerable growth in the coming years due to the increasing production of automobiles, growing demand for automatic transmission systems, and rising concerns regarding the safety in vehicles. Globally, vehicles with automatic transmission are gaining traction, as this form of transmission is more economical and safer than manual transmission.
The global automotive gears market is projected to witness considerable growth during the forecast period, primarily on account of the growing automotive industry. The growth of the automotive industry is a direct result of the increased production volume of passenger cars and commercial vehicles in recent years.
Start-stop technology automatically shuts down and restarts the internal combustion engine of vehicles to cut down the amount of time the engine spends idling. Additionally, the technology helps in reducing fuel consumption and emissions. The growth in start-stop technology market is driven by continuous improvement in vehicle performance and fuel efficiency levels. Strict regulations regarding exhaust gases set by various government and legislative bodies are serving as an advantage to this market. Major suppliers of these
Automotive fuel transfer pump is one of the essential components of an automobile. Earlier automotive fuel transfer pumps were primarily used for transferring fluids; however, now-a-days they are finding application in the improvement of overall vehicle as they increase fuel efficiency of the vehicle. With growing environmental concerns, there is an increased demand for eco-friendly solutions, which is encouraging the pump manufacturing companies to
The global automotive fuel injection system market was valued at $59.6 billion in 2015, and is forecast to reach $101.5 billion by 2022, growing with 7.9% CAGR during 2016–2022.
The global injector nozzle market is majorly driven by increasing demand for more fuel-efficient vehicles, stringent fuel efficiency norms and significant growth in the passenger car segment. In Europe and North America, the emission norms and fuel economy are crucial factors, which have impelled automotive manufactures to increase the usage of lightweight materials to enhance fuel efficiency in vehicles; thus, driving the growth of the injector nozzle market. In North America, Environmental Protection Agency
The global automotive engine oil market witnessed a significant growth during the past few years. The rising disposable income, government legislations for automotive engine oil, growing automotive aftermarket and increase in demand within automotive market are driving the growth of the automotive engine oil market. The growing vehicle sales and its production in developing countries is an opportunity in the market. The major factors restraining the growth of the market include volatile price of raw materials and growth in e