Automotive Market Reports

Growing need for comfort, safety and performance is becoming a major concern in the automotive industry. In order to generate power in the engine, rev up acceleration, gain traction and the high towing capacity, manufacturers are increasingly integrating powertrains in the vehicles. In addition, the manufacturers in the automotive industry are also focusing on incorporating the powertrain sensors and actuators in the vehicle for enhanced transmission system. Surge in demand for enhanced transmission system will continue to fuel demand for automotive powertrain globally. Imposition of government regulations regarding emission of carbon dioxide will further continue to impact growth of the global automotive powertrain market positively. According to FactMR, the global Automotive Powertrain Market is expected to represent a value of over US$ 500 Mn by the end of 2026. Government Regulations to Impact Global Market Growth As government in various countries are increasin...

The purpose of an automotive radar is to locate objects like pedestrians and vehicles, close to the surrounding area of the car. This particular radar comprises of a receiver and a transmitter. Among these, the transmitter delivers the radio waves which strike an object and rebounds to be extracted by the receiver. With the controlling of direction in which the radio waves are transmitted and captured it is quite possible to spot the objects' distance, direction and speed. Types of Automotive Radars Automotive radars are classified into three prime types; namely, short range radars, medium range radars and long range radars. Long range radars are implemented for computing the distance as well as speed of other automobiles. Medium range radars are majorly used to detecting objects that are present in a wider view arena, for example- cross traffic alert structures. The application of short range radars is focused at sensing objects in the vicinity of the car. It is pe...

The global uprising from the economic crises has major consequences for the commercial vehicle manufacturing industry. The global heavy-duty trucks manufacturing industry has witnesses a gradual growth over the past five years to 2018. Government authorities across the globe have been imposing stringent regulations aimed to reducing the truck emissions. However, the rise in the technological advancement and innovative manufacturing technology is highly anticipated to propel the  Global Heavy-Duty Trucks Market . An upsurge in the demand for heavy commercial vehicles across all major sectors such as agriculture, mining, construction and logistics is expected to further propel the sales of heavy-duty trucks over the forecast period. Rise in the international and domestic trading activities worldwide has impacted positively over the heavy-duty trucks market growth. Heavy-duty truck manufactures are highly focusing on diminishing the high cost associates with the heavy-duty truck...

The major factors responsible for the growth of electric parking brake market are stringent government regulations regarding road safety, growing adoption of automated vehicle technology, upsurge in the demand for driver assisted systems, and increasing demand for fuel efficient vehicles. The utilization of electronic control unit (ECU) along with integration of other electric components such as rear camera in the vehicle offers maximum safety to the driver and passenger, which further increases the growth of Electric Parking Brake Market . Increasing demand for safety, luxury, convenience increases the demand for electric parking brake market. However, high cost of electric parking brake and lack of skilled technician staff to asses or install the system is subjected to hinder the growth of the market. An electric parking brake is installed in an automotive to stop or holds the vehicle on the flat ground or hill roads. The vital advantage of using electronic parking bra...

CNG vehicle continues to witness lucrative opportunities across the countries on the backdrop of the increasing number of the NGVs (Natural Gas Vehicles) and increasing preference for CNG vehicles across the world. Moreover, the growth in the automotive industry has influenced the adoption of the CNG vehicles due to the depletion of crude oil resources owing to the increasing demand for high quality and reliable CNG vehicle from the consumer. For instance, there has been an increase in the fleet of CNG vehicles by 7.4% in 2014 to 18% in 2018 across the world. The trending convergence of government regulations on fuel emissions & natural gas powered vehicle production which have more adoption rate and is further anticipated to create remunerative growth opportunities for  CNG Vehicles Market . Around the world, governments have issued stringent regulations regarding emissions and fuel efficiency.  The global fossil fuel price has seen an increasing trend over the past...