The automotive gas charged shock absorbers market is likely to continue its steady growth owing to the shifting driver preference for safety and enhanced driving comfort while driving on uneven roads or rough terrains. According to Persistence Market Research (PMR) report on automotive gas charged shock absorbers market, the global market for automotive gas charged shock absorbers is anticipated to witness bullish annual growth rate in forthcoming years.
The automotive aftermarket deals in manufacturing, remanufacturing, installation, distribution and retailing of vehicle parts, equipment, chemicals and accessories, after the sale of the automobile to the customer by the OEM (original equipment manufacturer). Automotive aftermarket is responsible for vehicle diagnostics, automotive spare parts and accessories and service workshop concept. In this market customers have the option to choose the offer that best fits their personal criteria and individual requirement.
Automotive wiring harness is an assembly of wires or cables which transmits electrical power or signals in the automobiles. As compared to the individual electric wires in an automotive, automotive wiring harness are better safeguarded against the impact of vehicular vibrations. Additionally, automotive wiring harness is more secure from abrasions and moisture. The global automotive wiring harness market is witnessing exponential growth due to the increasing automobile industry.
FMI delivers key insights on the global automated guided vehicle market in its latest report titled ‘Automated Guided Vehicle Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.’ The long-term outlook on the global automated guided vehicle market remains positive with the market value expected to increase at a CAGR of 10.6% during the forecast period (2017-2027).
Future Market Insights (FMI) has published a new report on the fifth wheel coupling market titled “Fifth Wheel Coupling Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growing focus on enhancing safety features and utilizing tough materials for fifth wheel coupling is expected to escalate the rate of adoption in the global market. The players operating in the market have been channelizing efforts towards strengthening their distribution channels while also focussing on direct sales.
The global automotive transmission market is largely consolidated in terms of its vendor landscape, partly owing to the presence of few manufacturers that solely operate in the field and the preference of several leading auto-makers to in-house manufacturing of transmission systems in collaboration with some tier-I companies, observes Research Report Insights in a recent report.
The global automotive timing chain and belt market was pegged at 114,517,000 units in 2017 and is expected to reach 166,277 ‘000 units by the end of 2027. The market is projected to increase at a volume CAGR of 3.8%.
Block heaters are basically engine-heating devices that are designed to heat up the engine block, and the related fluids, prior to starting it. Depending on external environmental condition i.e. how cold the surrounding is, this can accomplish a number of useful tasks.
According to a recent report published by Future Market Insights titled, “Head-Up Display Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, the global head-up display market is expected to witness substantial growth across the globe with demand from end-use sectors rising at an extensive rate. The advancements in technology and the invention of bleeding edge technologies along with the presence of numerous devices running with Internet connectivity and the adoption of wearable devices are increasing exponentially.
Automotive side impact beams are equipped in vehicles as a safety feature designed to protect passengers and drivers in the event of a side impact crash. When a collision takes place, automotive side impact beams absorb the energy generated during the collision. The passengers and drivers involved in side-impact collisions generally get severely injured as compared to other collisions.
An automotive multimedia AV navigation system is an electronic system installed in an automobile, predominantly in cars, to present various information and infotainment through different media that may include text, sound, video, and animation. Nowadays, a substantial number of automobiles are manufactured with the automotive multimedia AV navigation system. Existing automobiles can also install one of the many automotive multimedia AV navigation systems available, at a reasonable price, in the market.
In the automotive industry, based on the targets to improve safety, comfort, and the environment, electronic systems have grown in complexity. Further, advanced vehicle control and combustion technology for increasing fuel efficiency and reducing gas emissions have led to increasing ECUs and automotive MOSFETs.
Extensively employed in commercial as well as passenger vehicles, low rolling tires will remain a popular choice among automakers and consumers, as a fuel efficient tire type. As the global demand for sustainability and fuel efficiency continues to mount, low rolling resistance tires are most likely to witness a strong surge in demand over the years to come.
The is anticipated to register nearly 2 percent CAGR during 2016 to 2024 (forecast period). This signifies considerable market expansion in the same period. Growing end-users, such as industrial and automotives across developing nations, like China and India, should account for the same. These products are highly popular due to their favorable properties as against conventional lubricants.
The global is expected witness a rapid expansion over the forecast period. Rising computerization and digitization of automotive parts are anticipated to fuel the industry growth. In addition, rapid incorporation of Engine Control Unit (ECU) in modern automobiles is also expected to augment the market demand over the next few years. These chips are required to monitor and control various functions of a vehicle as they use algorithms to direct the part to operate in a particular manner. Technological developments in the automobile industry have led to an active involvement of computers in the operations of automotive engines.
The worldwide market for automotive suspension bushes was estimated at $2.1 billion towards the end of 2017.
Heavy commercial vehicles and light commercial vehicles discover several applications in logistics and e-commerce industries, they are employed to make tasks, for instance, transportation of raw materials, equipment, machinery, and goods, easier. Therefore, the expanding output of the E-commerce sector is anticipated to be one of the foremost drivers for the HCVs and LCVs sales that consecutively would propel the expansion of the automotive suspension bushes market.
Future Market Insights (FMI) presents a revised forecast of the global car rental market for the period 2017-2027 in its published report titled “Car Rental Services Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017–2027).” In terms of revenue, the global car rental market is estimated to expand at a CAGR of 6.6% over the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this informative report. The market is segmented on the basis of end use, customer type, sector, booking type and car type.
Increasing vehicle production and sales, technological advancement and tightened regulations regarding safety measures are the prominent driving forces for the automotive lighting market size. The global vehicle production has witnessed considerable increase due to growing demand and emerging economies. The technology has evolved to lead to the development of eco-friendly, energy efficient, easy to operate products.
A comprehensive market evaluation put forth by Future Market Insights on the global automotive tire market in its new research report titled “Automotive Tire Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” covers the drivers, impact, challenges, trends as well as opportunities in the global automotive tire market with competition assessment during the period of 2017-2027.
Automotive lubrication services includes lubrication of all moving parts of automobiles by applying greasy or oily substance, so as to lessen the friction. Automotive lubrication services consist of services such as oil changes, and preventive maintenance.
The Battery Electric Vehicles (BEVs) market worldwide was valued at $89.15 billion in 2017, and is expected grow at a CAGR of 20.6% from 2018 to 2026. Available resource limitations of oil and rising environmental concerns have led automobile manufacturers to design and develop alternative fuel vehicles.
The global was estimated over 5,000 units in 2015. It would grow at a CAGR of nearly 13% in the forecast period (2016-2024). The market can reach over 10,850 units by 2024. Expansion across fuel cell vehicles or FCVs owing to pollution-awareness will drive the industry in the near future.
The global is expected to reach $40.17 billion by 2024 driven by the rising consumer demand for in-vehicle entertainment. Technological advancement coupled with the rising disposable income of the population contributing to the huge demand for passenger cars and other vehicles is expected to play a vital role in driving market growth.
Global is anticipated to reach $12 billion by 2020, as per a new research report by Hexa research. Rising need for high-frequency signals in automotive industry is expected to drive demand. These relays enhance driving experience and provide greater safety for consumers. Escalating adoption rate of sophisticated electronic equipment coupled straight government initiatives regarding safety is likely to favor automotive relay market growth prospects. However, lack of standardization in components is likely to challenge industry participants.