Automotive and Transportation
The Indian gasoline scooter and motorcycle market attained a size of $22.0 billion in 2017 and is forecasted to reach $42.4 billion by 2025, registering a CAGR of 8.8% during 2018–2025. The major factors driving the market growth are rising income levels and growing demand from tier 2 and tier 3 cities. ... Continue Reading
Global automotive sunroof market is driven by growing need to control light inside vehicle, growing demand for premium cars, and greater glass surface area in automobiles, including larger sunroofs. Additionally, development of technology for reducing cost and expanding functionality of sunroof glasses and increasing consumer preference towards automotive sunroof vehicles in developing nations are further boosting the demand for automotive sunroof in the global market. The trend witnessed in the market are developing sunr... Continue Reading
The global automotive airbag market is expected to grow at a steady rate during the forecast period due to growing demand for efficient, convenient, and safe driving experience. The industry is also propelled by increase in number of road accidents and implementation of stringent safety regulations as per governments’ guidelines to avert the rise in road accidents. ... Continue Reading
The reduction in weight of vehicles for optimized efficiency, and increasing demand for comfort and luxury are some of the major factors, driving the growth of the global automotive seat market. The continuous developments to create an attractive manufacturing platform for cars and motorcycles, trade liberalization, free movement of goods, high investments, skilled and low ... Continue Reading
The global automotive front-end module market is expected to witness significant growth during the forecast period, on account of the growing production of passenger cars and heavy-duty vehicles, rising concerns for passenger safety, and increasing focus of original equipment manufacturers (OEMs) toward modularization for efficient production and curb vehicle weight reduction for improved fuel efficiency of the vehicle. ... Continue Reading
The global automotive cabin insulation market is projected to witness considerable growth during the forecast period, primarily on account of growing use of textile material in interior of a cabin. The industry is anticipated to grow significantly, due to high demand for cabin insulations and ride refinements. ... Continue Reading
The global automotive bearing market size is estimated to reach $33.4 billion in 2018, and is projected to witness a CAGR of 6.9% in terms of value, during the forecast period. Increasing focus toward vehicle weight reduction, and rising emphasis on vehicular emission reduction are the major factors driving the growth of the global automotive bearing market. Additionally, the overall growth of the automotive industry is positively impacting the growth of the automotive bearing industry. ... Continue Reading
The global automotive alloy market observed significant evolution during the historical period. Major factors propelling the development of the market include research and development for improving fuel efficiency, stringent emission norms, and growing governments’ legislations for reduction in complete vehicle weight. ... Continue Reading
The global tire market is expected to witness significant growth during the forecast period, primarily due to the growing vehicle-manufacturing industry. In recent years, the adoption of personal transportation vehicles, especially in China and India, has ramped up, leading to the growth of the market. In addition, advancements in the tire technology are expected to boost the market growth in the coming years. ... Continue Reading
The implementation of stringent environmental regulations across the globe is propelling the demand for lightweight materials. Several international organizations are framing strict guidelines and standards to reduce the greenhouse gases emission. In 2011, global CO2 emission stood at 31.6 gigatons, with 23% of these emissions coming from all transport sectors across the ... Continue Reading
In the past decade, steel fuel tanks were majorly used by automotive producers, whereas in the current scenario, plastic fuel tanks are being mostly used. The key reasons for the drop in demand for steel fuel tanks are safety, weight, permeability, packaging and cost associated with it. Around 95% of the total fuel tanks in Europe, 85% in U.S. and 40% in Asia are made of plastic. The main reasons behind the increased use of plastic fuel tanks are its light weight, resistance to corrosion, and ease of molding into unusual ... Continue Reading
Air suspension in a vehicle is powered by an electric or engine driven air pump or compressor. Air is filled into the flexible bellows, usually made up of textile-reinforced rubber through the compressor pump. For smooth and improved ride comfort and quality, air suspension is used in the automotive vehicles. In comparison to the conventional suspension, air suspension in automotive vehicle provides better ride quality and comfort. Moreover, air suspension uses rubber bellows over normal struts used in conventional suspen... Continue Reading
The global automotive window and sealing systems market is forecasted to reach $38.7 billion by 2025, registering a CAGR of 7.6% during the forecast period. The market has witnessed significant growth in recent years, owing to factors such as growth in the vehicle market and efforts made by automotive OEMs toward increasing the fuel economy of vehicles through the use of modified polymers. ... Continue Reading
Self-Piercing Rivets (SPR) includes a process of joining two or more pieces of similar or dissimilar material by driving a rivet piercing the top sheet and then fortifying it within the bottom sheet without piercing it thereby forming a mechanical interlock. In other words, self-piercing rivets include a mechanical joining process for fastening similar sheet materials, primarily steels and aluminum. ... Continue Reading
Armored vehicles are broadly used for enhancing defense capabilities and maintaining homeland security. Homeland security prevents terrorist attacks and reduces the vulnerability to terrorism within the country. Additionally, homeland security is driving modernization program in Middle East, Asia and Latin America thereby creating huge growth potential for armored vehicles in these regions. The requirement for lightweight armored vehicles, growing popularity of rental and leasing of armored cars among civilians and increa... Continue Reading
The global automotive drivetrain market is anticipated to witness a steady growth during the forecast period, mainly due to the increasing production and demand for vehicles, and need for high acceleration and towing capability in the vehicles. Additionally, the growing demand for electric vehicles across different countries, owing to emission reduction is another factor boosting the market growth. ... Continue Reading
The global automotive sensors market is anticipated to observe significant growth in the coming years on account of the increasing vehicle electrification, rising motor vehicle production, and growing implementation of stringent regulations with respect to vehicular emissions. In addition, the growing consumer concerns over vehicle safety and security are playing a major role in boosting the installation of sensors in automobiles. ... Continue Reading
The global automotive emergency braking market is expected to witness significant growth in the coming years, owing to rising customer demand for safety features and technology in automobiles and increasing government mandates and regulations for the incorporation of the emergency braking system in automobiles. ... Continue Reading
The global automotive battery management system market is forecasted to witness significant growth in the coming years, owing to increasing demand for hybrid electric and battery electric vehicles. The increase in the demand for these vehicles is a result of the implementation of stringent government regulations with respect to environment degradation and government incentives in the form of subsidies, grants, and tax rebates to encourage the use of eco-friendly modes of transportation. ... Continue Reading
The global automotive transmission market is anticipated to grow significantly during the forecast period, owning to growing demand for better experience in driving in relation to smoother gear shifting and higher acceleration in vehicles. ... Continue Reading
The global automotive heating, ventilation, and air conditioning (HVAC) controllers market is growing in the automotive industry, owning to rise in the demand for passenger cars equipped with these controllers. A significant increase in sales of sports-utility vehicles (SUVs) across the Asia-Pacific (APAC) and European countries is driving the growth of the market. ... Continue Reading
The global automotive aluminum market is expected to observe an extensive growth in the coming years, due to the increased demand for lightweight material in automobile industry, coupled with growing vehicle production in many countries around the world. ... Continue Reading
The global automotive embedded system market is anticipated to observe an extensive growth in the coming years, due to growing trend of vehicle electrification and automation, growing demand for safety and comfort features in automobiles, and government stringent regulations for automobile emission in many countries. ... Continue Reading
The global automotive fastener market is expected to observe an extensive growth in the coming years, owing to shift in focus toward lightweight vehicles and increase use of electronics such as carputers, ignition systems, in-car entertainment systems, and telematics in automobiles. ... Continue Reading
The global automotive light-emitting diode (LED) lighting market is expected to witness significant growth during the forecast period, on account of the growing production of passenger cars and heavy-duty vehicles, low cost of the LED, and long endurance life of LED lamps. ... Continue Reading
The global smart e-drive market is expected to witness significant growth in the coming years, owing to the implication of stringent governments’ norms and regulations for emissions on the automotive industry across the globe. Additionally, the growing demand for hybrid and electric vehicles, with an objective to reduce carbon emission is another reason, which is anticipated to propel the market growth. ... Continue Reading
The global automotive navigation systems market is anticipated to witness considerable growth during the forecast period on account of the rising concerns toward the problem of traffic congestion, increasing customer preference for improved in-dash navigation features such as 3D maps, and increasing production of automobiles equipped with navigation systems. ... Continue Reading
