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Posts Tagged "Automotive Industry"
Feb 15th, 2022 · Comments Off on Advanced Technology & Growth of the Automotive Industry to Drive the Global In-Wheel Motor Market
Improved vehicle fuel efficiency, high torque, increased power, and provision of better vehicle handling are some of the factors that are set to drive the growth of the in-wheel motor market by 2026. The global In-Wheel Motor Market shows significant growth and is projected to grow at a CAGR of 40.3% during the forecast period to reach USD 4,395 million by 2026 from an estimated USD 808 million in...
Aug 17th, 2020 · Comments Off on Autonomous Truck Market is Expecting Revolutionary Growth in Coming Years
The Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck technology is the evolution in the trucking and transportation industry, as it can save a considerable amount of money and solve problems like driver shortage and increasing road accidents. Also, after...
Oct 9th, 2019 · Comments Off on BASF SE (Germany), 3M Company (U.S.),Huntsman Corporation (U.S.) and Sumitomo Riko Company Limited (Japan) are leading the Automotive NVH Materials Market
Global Automotive NVH Materials Market is projected to reach USD 13.52 billion by 2021, at a CAGR of 6.0% from 2016 to 2021. The growing demand for automotive NVH materials is due to their extensive usage in the automotive industry. NVH levels also influence the vehicle buying decision of customers.
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Nov 19th, 2018 · Comments Off on Automotive Bushing Market by Application, Vehicle Type, EV Type, and Region – 2025
The global Automotive Bushing Market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% during the forecast period. The growth of the automotive bushing market is influenced by factors such as increasing vehicles production and sales.
The governments of several countries have made stringent regulations for the use of basic safety products...
Oct 25th, 2018 · Comments Off on Automotive Interior Market to Showcase Significant Growth in the Coming Years
Global Automotive Interior Market is projected to grow from USD 235.59 billion in 2017 to USD 301.56 billion in 2022, at a CAGR of 5.06% during the forecast period. This growth is attributed to the increasing need for comfort and convenience features and advanced styling for automotive interior components.
Asia-Pacific with countries such as China, India, Japan, South-Korea, and others hold the largest...
Sep 26th, 2018 · Comments Off on Container Handling Equipment Market Rising by Growing Automation Level in Container Handling Equipment by 2018-2025
As per the United Nations Conference on Trade And Development (UNCTAD), the global seaborne trade volume touched 10 billion tons in 2015, which included exports and imports of dry cargo including bulk commodities and containerized trade. The constantly increasing containerized trade coupled with the rising trend of port automation to cope up with the increased demand has led to automated equipment...
Sep 24th, 2018 · Comments Off on Optoelectronics Market-Global industry Size, Market Share, Market Trends and 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.
Market Dynamics-
Drivers
1 High Demand and Increasing Sales of Luxury and Ultra-Luxury Vehicles
2 Increase in Awareness about Vehicle Safety
3 Long Life and Low Power Consumption of Optoelectronics...
Sep 21st, 2018 · Comments Off on Hybrid Vehicle Market Hit New Highs in Near Future by 2025
Hybrid vehicles are designed for better fuel efficiency, more power, and minimum emissions. Hybrid vehicles can generate electric current and store it in a battery. These vehicles capture electrical energy produced from different sources, such as regenerative braking systems and engines. They can conserve energy by shutting down the engine, when the vehicle is parked, idle, or when the electric motor’s...
Sep 12th, 2018 · Comments Off on Usage-based Insurance Market Rising by Increasing Adoption of Telematics and Connected Cars
The automotive usage-based insurance industry has evolved along with the automotive industry. The demand for usage-based insurance market is largely influenced by increasing vehicle sales with telematics and connected car services, reduction in insurance as compared to the traditional insurance, and increasing vehicle sales and parc. The global usage-based insurance market for automotive was valued...