Go green at large as a major trend has been gaining more and more importance as a design concept for the automobile industry. The industry is at a point where the complexity, the cost of technology, market dimensions and market positioning are determ ....see more
The OE diesel particulate filter market is projected to grow at a CAGR of 11.29% during the forecast period. From an estimated market size of USD 10.55 billion in 2018, it is projected to reach a market size of USD 24.81 billion by 2025. The DPF aftermarket is projected to grow at a CAGR of 3.89% during the forecast period, from an estimated market size of USD 15.18 billion in 2018 to USD 20.59 billion by 2025. This growth can be attributed to the increasing stringency of emission regulations. The diesel particulate filter market consists of manufacturers such as Faurecia (France), Tenneco (US), Eberspaecher (Germany), BASF (Germany), Johnson Matthey (UK), Continental (Germany), Bosal (Belgium), Denso (Japan), Friedrich Boysen (Germany), and NGK Insulators (Japan).
The automotive specialty coatings market is estimated to be USD 3.02 billion in 2018 and is projected to reach USD 3.75 billion by 2025, at a CAGR of 3.12%, from 2018 to 2025. The growing vehicle production, increasing application of coatings, and the increasing adoption rate of AMTs are projected to drive the automotive specialty coatings industry and the advancements in the coating technology. The automotive specialty coatings market consists of manufacturers such as PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Kansai (Japan), Covestro (Germany), Solvay (Belgium), DOW Chemical (US), Nippon Paint (Japan), and KCC (South Korea).
The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to reach a market size of USD 2,286.9 million by 2025, growing at a CAGR of 16.34% during the forecast period. The key growth drivers for the market are the increasing public awareness related to healthcare and environmental effects of air pollution and rapid urbanization and industrialization. The key players in the automotive air purifier market are Panasonic (Japan), Denso (Japan) Bosch (Germany), 3M (US), Mahle (Germany), Mann+Hummel (Germany), Sharp (Japan), Honeywell (US), Koninklijke Philips (Netherlands), Eureka Forbes (India), Xiaomi (China), and others.
The cargo handling equipment market is projected to reach USD 28.02 billion by 2025 from an estimated USD 21.85 billion in 2018, at a CAGR of 3.61% during the forecast period. The efforts toward cargo equipment automation, rising demand for electric and hybrid equipment to achieve lower emissions and fuel consumption, and increased demand in the Asia Pacific region are expected to drive the market for cargo handling equipment during the forecast period. The prominent players in the cargo handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), Mitsubishi (Japan), Toyota Industries (Japan), Kion group (Germany), Macgregor (Finland), JBT corporation (US), Terex (US) and Anhui Heli (China)
The global automotive communication technology market is estimated to be USD 6.78 billion in 2018 and is projected to grow at a CAGR of 16.7% during the forecast period, to reach USD 19.99 billion by 2025. Some of the major growth drivers for the market are the growing number of electronic systems in passenger cars, government mandates, and industry norms to reduce emissions and improve the safety of vehicles. The rise in sales of premium vehicles and the emergence of autonomous vehicles can create new revenue-generation opportunities for automotive communication technology providers. However, an increase in cybersecurity threats for connected vehicles can pose a challenge for automotive communication technology providers. The automotive communication technology market is dominated by a few globally established players, such as Robert Bosch (Germany), Toshiba (Japan), Broadcom (US), Texas Instruments (US), and NXP (Netherlands).
The global automotive fastener market is projected to grow from an estimated USD 21.45 Billion in 2018 to USD 25.30 Billion by 2025, at a CAGR of 2.39% from 2018 to 2025. The market is anticipated to grow owing to various reasons such as the growing vehicle production, shifting focus toward lightweight vehicles, and the increasing use of electronics in vehicles. Moreover, manufacturers are also shifting from standard fasteners to customized fasteners, and this new development will also drive the automotive fastener market. The study covers all the major players in the automotive fastener market, including established players such as Bulten AB (Sweden), KAMAX (Germany), Sundram Fasteners (India), Stanley Black & Decker (US), Shanghai Prime Machinery Company (China), SFS Group (Switzerland), and Lisi Group (France). These companies collectively account for a major share of the automotive fastener market. The report also comprises a few other players such as Meidoh Co. (Japan), Nipman Fasteners (India), Piolax (US), Westfield Fasteners (UK), Fontana Gruppo (Italy), Bollhoff (Germany), Nedshroef (Netherlands), Nifco Group (Japan), Boltun Corporation (Taiwan), Chanshu City Standard Parts (China), Wurth Group (Germany), and Simmonds Marshall (India)
The automotive gearbox market is projected to grow at a CAGR of 4.24% from 2018 to 2025. The market for automotive gearbox is estimated to be USD 103.55 Billion in 2018 and is projected to reach USD 138.52 Billion by 2025. The increasing preference for enhanced driving experience and smooth gear shifting is driving the growth of the automotive gearbox market. The report covers all the major players in the automotive gearbox market, including ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), and BorgWarner (US).
The automotive engine encapsulation market is projected to grow at a CAGR of 6.13% from 2018 to 2025. The market for automotive engine encapsulation is estimated to be USD 4.16 Billion in 2018 and is projected to reach USD 6.30 Billion by 2025. The key growth drivers of this market are the growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient and aerodynamically efficient vehicles. The report covers all the major players in the automotive engine encapsulation market, including established players such as Autoneum (Switzerland), Continental (Germany), Roechling (Germany), ElringKlinger (Germany), Greiner (Austria), Furukawa Electric (Japan), Woco (Germany), Adler Pelzer (Germany), SA Automotive (US), Hennecke (Germany), and a few globally established suppliers, such as BASF (Germany), 3M (Germany), Saint-Gobain (France), Polytec (Austria), Evonik (Germany), Carcoustics (Germany), Uniproducts (India), and UGN (US).
The hydrostatic fan drive system market for automotive is projected to grow at a CAGR of 6.80% from 2018 to 2025. The market for automotive hydrostatic fan drive systems is estimated to be USD 144.8 Million in 2018 and is projected to reach USD 229.6 Million by 2025. The key growth drivers of this market are the growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles and the increasingly stringent emission regulations that have accentuated the demand for a fuel-efficient engine cooling system. The report covers all the major players in the automotive hydrostatic fan drive system market, including established players such as Eaton (Ireland), Parker Hannifin (US), JTEKT (Japan), Bosch (Germany), and Danfoss (Denmark). The report also comprises a few other players such as Concentric (Sweden), Bucher Hydraulics (Germany), Hawe Hydraulik (Germany), Walvoil (Italy), Bondioli & Pavesi (Italy), Enovation Controls (US), Hydac International (Germany), Casappa (Italy), Hydrosila Group (Ukraine), Axiomatic Technologies (Canada), Avid Impex (India), Quality Hydraulics & Pneumatics (US), and Hydraforce Hydraulics (US).
The automotive wheel market is projected to grow at a CAGR of 5.52% from 2017 to 2025. The market for automotive wheels is estimated to be USD 32.87 Billion in 2017 and is projected to reach USD 50.54 Billion by 2025. The key growth drivers of this market are the improved vehicle dynamics with an increase in the use of lightweight materials and growing vehicle production. The report covers all the major players in the automotive wheel market, including Iochpe-Maxion (Brazil), Superior Industries International (US), Accuride Corporation (US), Steel Strips Wheels (India), Hitachi Metals (Japan), Enkei (Japan), Citic Dicastal (China), Zhejiang Wanfeng Auto Wheel (China), Borbet (Germany), Mangels Industrial (Brazil), and Mefro Wheels (Germany).
The global automotive terminal market is estimated to be USD 12.64 Billion in 2017 and is projected to grow at a CAGR of 10.03% during the forecast period, to reach USD 27.14 Billion by 2025. Some of the major growth drivers for the market are the increasing demand for automotive safety systems supported by government mandates and increasing number of electrical systems in the vehicle. The evolution of connected, autonomous, and semi-autonomous vehicles, as well as energy-efficient E-mobility, can create new revenue generation opportunities for automotive terminal manufacturers. However, design issues with high voltage terminals and long-term reliability of battery terminals can pose a challenge for automotive terminal manufacturers. The automotive terminal market is dominated by a few globally established players such as TE Connectivity (Switzerland), Delphi (UK), Furukawa Electric (Japan), and PKC Group (Finland).
The convertible roof system market is projected to grow at a CAGR of 6.77%, during the forecast period, and is projected to reach USD 2.11 Billion by 2025 from USD 1.33 Billion in 2018. The growth of the global market can be attributed to the growing demand for premium vehicles. Additionally, advances in material technology and increasing consumer preference for convertible roof systems in developing nations are further boosting the convertible roof system globally.The convertible roof system market is dominated by a few global players. Some of the key manufacturers operating in the market are Webasto (US), Magna International (Canada), and Valmet Automotive (Finland).
The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to grow to USD 169.46 Billion by 2025, at a CAGR of 9.36% during the forecast period. The increasing demand for a safe, efficient, and convenient driving experience and stringent safety regulations across the globe are driving the market for automotive safety system. The report analyzes all major tier I suppliers in the global market. Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK) are some of the leading suppliers in the automotive safety system market.
The train lighting market was valued at USD 330.8 Million in 2017 and is projected to reach USD 370.8 Million by 2025, growing at a CAGR of 1.44% during the forecast period. This growth can be attributed to the increasing demand for comfort & luxury features in rolling stock interiors; government mandates for lighting applications; and increase in different railway projects such as metro train, high-speed train, and refurbished train. The key companies profiled in the study are Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland).
The supercharger market for automotive is projected to grow at a CAGR of 5.27% from 2017 to 2025. The market for automotive superchargers is estimated to be USD 7.26 Billion in 2017 and is projected to reach USD 10.95 Billion by 2025. The key growth drivers of this market are the global measures by OEMs in the direction of engine downsizing, increased demand for high-end vehicles, and increasing norms on fuel efficiency.Some of the key market players are Honeywell (US), Eaton (Ireland), Valeo (France), Mitsubishi Heavy Industries (Japan), and Federal-Mogul (US).
The Electronic Control Unit (ECU) market for automotive is projected to grow at a CAGR of 6.01% from 2017 to 2025. The market for automotive ECUs is estimated to be USD 60.45 Billion in 2017 and is projected to reach USD 96.39 Billion by 2025. The key growth drivers of this market are the increased incorporation of advanced safety, convenience, and comfort systems in vehicles and the increase in demand for hybrid electric vehicles (HEV) and battery electric vehicles (BEV). The report covers all the major players in the automotive ECU market, including Robert Bosch (Germany), Continental (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy).
The bullet train/high-speed rail market, in terms of volume, is projected to grow at a CAGR of 5.54% from 2018 to 2025. The market was valued at 3,261 Units in 2017 and is projected to reach 5,287 Units by 2025. In this study, 2017 has been considered the base year, and 2018–2025 is the forecast period, for estimating the market size of the bullet train/high-speed rail market. The key players in the bullet train/high-speed rail market include Bombardier (Canada), Alstom (France), Siemens (Germany), Hitachi (Japan), ABB (Switzerland), Talgo (Spain), CAF (Spain), Kawasaki (Japan), Toshiba (Japan), CRRC (China), and Mitsubishi (Japan).
The container handling equipment market is projected to reach USD 8.75 Billion by 2025, from an estimated USD 6.28 Billion in 2017, at a CAGR of 4.24%, during the forecast period. The shifting focus to port terminal automation, rising demand for electric and hybrid equipment for lower emissions and fuel consumption, and increased demand in Asia Pacific are expected to drive the market for container handling equipment during the forecast period. Some of the prominent players in the container handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), and Hoist Liftruck (US).
The global automotive hydraulics system market is estimated to be USD 30.57 Billion in 2016 and is projected to grow at a CAGR of 6.04% from 2017 to reach USD 51.37 Billion by 2025. In this study, 2016 has been considered the base year, and 2017–2025 the forecast period, for estimating the size of the automotive hydraulics system market. The automotive hydraulics system market is dominated by a few globally established players, such as Aisin Seiki (Japan), Robert Bosch (Germany), ZF (Germany), BorgWarner (US), JTEKT (Japan).
The automotive upholstery market is estimated to be USD 4.65 Billion in 2017 and is projected to grow at a CAGR of 6.59% from 2017 to 2025, to reach a market size of USD 7.74 Billion by 2025. The key drivers for the market are the increasing demand for advanced automotive technologies and automotive interiors, rising focus on lightweight automotive materials, and the development of a varied non-fabric substitutes for automotive upholstery. The automotive upholstery market is dominated by a few global application suppliers and comprises several regional players. Some of the key players operating in the market are Lear Corporation (US), Adient PLC (Ireland), Toyota Boshoku (Japan), and Faurecia S.A. (France).
The automotive temperature sensor market is valued at USD 7.21 Billion in 2016 and is projected to grow at a CAGR of 5.58% during the forecast period, to reach USD 11.89 Billion by 2025. The report profiles the major players in the temperature sensor market. The key players in this market are Robert Bosch (Germany), Continental (Germany), Panasonic (Japan), Delphi (UK), TDK Corporation (Japan), Sensata (US), Texas Instruments (US), NXP (Netherlands), Analog Devices (US), and Microchip (US) among others.
The driveline market will be driven by increasing sales of EV and HEV, which is, in turn, driven by the need to keep vehicle emissions to the minimum. The driveline market for electric and hybrid vehicles was valued at USD 16.09 Billion in 2016 and is projected to reach USD 63.32 Billion by 2025, at a CAGR of 16.92% during the forecast period. The key market players are as ZF (Germany), Schaeffler (Germany), GKN (UK), BorgWarner (US), Robert Bosch (Germany). Other players covers in the report are Hitachi (Japan), Continental (Germany), Delphi (UK), Denso (Japan), and Valeo (France).
Increasing demand for special application trucks with high engine power requirement and increasing focus toward fuel economy standards have triggered the growth of the high-performance trucks market. Also, increase in demand for long-haul trucks for efficient transportation of goods has also boosted the demand for high-performance trucks globally. The high-performance trucks market, by volume, had a market size of 1.7 Million units in 2016 and is projected to reach 2.5 Million units by 2025, at a CAGR of 4.06% during the forecast period. The Tier-I suppliers profiled in the report include Cummins (US), ZF (Germany), Allison (US), and Eaton (Ireland). These systems and components are supplied to automotive OEMs such as Volvo (Sweden), Daimler (Germany), Scania (Sweden), Ford (US), GMC (US), and others.
The digital instrument cluster market is projected to grow at a CAGR of 19.15% during the forecast period and is estimated to grow from USD 1.62 Billion in 2017 to USD 6.60 Billion by 2025. The key factors driving the digital instrument cluster market are the increasing demand for luxury vehicles and electric vehicles, growing demand for advanced cluster technology by OEMs, and intense competition between manufacturers. The digital instrument cluster market is dominated by a few global players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Visteon (US), Delphi (UK), Denso (Japan), NVIDIA (US), Nippon Seiki (Japan), Panasonic (Japan), Magneti Marelli (Italy), and IAC Group (Luxembourg) to name a few.
The PCB market for automotive is projected to grow at a CAGR of 5.33% from 2017 to 2025. The market for automotive PCBs is estimated to be USD 8.21 Billion in 2017 and is projected to reach to USD 12.43 Billion by 2025.Some of the key market players are CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), and KCE Electronics (Thailand).
Growing demand for improved vehicle performance, increase in fuel efficiency, and the need to minimize vehicle emissions have triggered the growth of the cleaner & degreaser aftermarket. The cleaner & degreaser aftermarket is valued at USD 37.41 Billion in 2016 and is projected to grow at a CAGR of 1.91% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2025. The key manufacturers and suppliers profiled in the report include BASF (Germany), 3M (US), WD-40 (US), Dow Chemical (US), FUCHS (Germany), Wurth (Germany), Zep (US), Penray (US), Radiator (US), and ABRO (US).
The global automotive chassis market is estimated to be USD 50.78 Billion in 2017 and is projected to grow at a CAGR of 5.59% to reach USD 78.44 Billion by 2025. The growth of this market is fueled by growing vehicle production, increasing global demand for LCVs due to industrialization, and the increasing demand for crash safety. The automotive chassis market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), Benteler (Germany), Magna (Canada), and Aisin Seiki (Japan)
The voice recognition system market for automotive is estimated to be USD 941.0 Million in 2017 and is projected to reach USD 3,890.3 Million by 2025, at a CAGR of 19.41% from 2017 to 2025. The key growth drivers for the market are the rising trend of autonomous vehicles, integration of several electronics functions in central console of the car by OEMs, and growing demand for connected vehicles. The key players in the voice recognition system market for automotive include Nuance (US), Microsoft (US), Alphabet (US), Apple (US), Harman (US), Sensory (US), VoiceBox (US), LumenVox (US), iNAGO (Japan), and VocalZoom (Israel).
The transfer case market is estimated to grow from USD 9.79 Billion in 2017 to USD 20.33 Billion by 2025, at a CAGR of 9.56% during the forecast period. The transfer case market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are BorgWarner (US), Magna (Canada), GKN (UK), ZF (Germany), Aisin Seiki (Japan), Dana (US), American Axle & Manufacturing (US), JTEKT (Japan), Schaeffler (Germany), and Meritor (US).
The transmission repair market is projected to grow at a CAGR of 3.25% during the forecast period, from USD 199.16 Billion in 2017 to USD 233.70 Billion by 2022. Rising demand for commercial vehicles, larger vehicle parc, increasing vehicle sales, and the increasing average vehicle miles traveled every year have fueled the growth of the transmission repair market globally. The report covers all the major players in the transmission repair market that include companies such as Allison (US), ZF (Germany), BorgWarner (US), Schaeffler (Germany), and Continental AG (Germany) among others.
The tappet market for automotive is valued at USD 6.90 Billion in 2016 and is projected to reach USD 10.11 Billion by 2025, growing at a CAGR of 3.36% during the forecast period. The base year for the report is 2016 and the forecast period is 2017 to 2025. The report covers all the major players in the tappet market for automotive including Schaeffler (Germany), SKF (Sweden), Eaton (Ireland), Federal-Mogul (US), and NSK (Japan).
The automotive pressure sensors market is valued at USD 3.68 Billion in 2016 and is projected to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 Billion by 2025. The report profiles the most promising players in the pressure sensors market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon. The key players in this market are Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), Delphi (UK), Texas Instruments (US), NXP (Netherlands), Analog Device (US), Melexis (Belgium), General Electric (US), and TE Connectivity (Switzerland).
The automotive fuel injection pump market is projected to grow at a CAGR of 7.8% from USD 20.91 Billion in 2017, to reach USD 38.20 Billion by 2025. The increasing demand for higher fuel efficiency and stringent emission regulations by several governments have forced manufacturers to adopt advanced technologies related to the engine. The factors such as increase in usage of alternative fuel such as ethanol and the increasing trend of engine downsizing are driving the market of automotive fuel injection pump. The automotive fuel injection pump market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), and Denso (Japan).
The timing belt market is estimated to be USD 5.90 Billion in 2016 and is projected to grow at a CAGR of 5.21% from 2017 to 2025. Increase in vehicle production and rising adoption of direct injection is driving the growth of the timing belt market. In this study, 2016 has been considered the base year, and 2017 to 2025 the forecast period, for estimating the size of the timing belt market. The timing belt market is dominated by a few global players. Some of the key players in the timing belt market are Continental (Germany), SKF (Sweden), BorgWarner (US), Tsubakimoto Chain (Japan), and others.
The global automotive windshield market is estimated to be USD 14.27 Billion in 2017 and is projected to grow at a CAGR of 6.28% to reach USD 23.24 Billion by the end of 2025. Some of the major drivers identified are the growing vehicle production and the increasing use of windshield for the latest display technologies. The growth of the global automotive industry is expected to fuel the growth of the automotive windshield market. The automotive windshield market is dominated by a few globally established players, such as Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Nippon Sheet Glass (Japan), and Central Glass (Japan).
The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and expected to reach USD 9.88 Billion by 2025. The market is driven by the increasing sale of automatics, increasing demand for continuously variable transmission and the rising demand for luxury vehicles. The major companies in the market are profiled in the study. These include Schaeffler (Germany), ZF Friedrichshafen(Germany), Aisin (Japan), Valeo S.A. (France), KAPEC (South Korea), Transtar (US), EXEDY (Japan), Yutaka Giken(Japan), BorgWarner Inc. (US) and Sonnax Industries (US)
The auto dimming mirror market was estimated to be USD 1.64 Billion in 2016 and is projected to grow at a CAGR of 3.20% during the forecast period. The base year for the report is 2016 and the forecast period is 2017–2025. The market is primarily driven by the increasing awareness about vehicle and passenger safety. The market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Magna (Canada), Samvardhana Motherson Reflectec (Germany), Ficosa (Spain), Gentex (US), and Murakami (Japan).
The artificial intelligence in transportation market is projected to grow at a CAGR of 17.87% during the forecast period, and the market size is expected to grow from USD 1.21 Billion in 2017 to USD 10.30 Billion by 2030. The key software & Tier- I suppliers profiled in the report include Continental AG (Germany), Bosch (Germany), Microsoft (US), and NVIDIA (US). These systems and technologies are supplied to automotive OEMs such as Volvo (Sweden), Daimler (Germany), Scania (Sweden), and others.
The car sunroof market is expected to grow USE 2.4 billion by 2027, at a CAGR of 7.4%, during the forecast period. The report profiles all the major players in the car sunroof market including Webasto (Germany), Magna International (Canada), Valmet Automotive (Finland), and Aisin Seiki (Japan). The report also covers a comprehensive study of the key vendors operating in the car sunroof market. These vendors have been evaluated by considering various factors such as product developments, R&D expenditure, business strategies, and product revenues.
The multi camera system market is estimated to be USD 700.7 Million in 2017 and is projected to reach USD 2,843.4 Million by 2025, at a CAGR of 19.13% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2025. The key players in the multi camera system market include Bosch (Germany), Continental (Japan), Delphi (UK), Magna (Canada), Samvardhana Motherson Reflectec (Germany), Valeo (France), Clarion (Japan), Texas Instruments (US), NXP Semiconductors (Netherlands), OmniVision Technologies (US), Xilinx (US), and Ambarella (US).
The hybrid system market is projected to grow at a CAGR of 10.79% during the forecast period and is projected to reach USD 40.99 billion by 2022. Owing to the benefits offered by hybrid system, such as elimination of mechanical linkages, improved fuel efficiency and, thereby, decreased tail-pipe emissions, the demand for these systems is projected to grow in near future. Also, secondary factors such as increase in demand for electric & hybrid vehicles, government subsidies for BEVs, and investments in charging infrastructure will fuel the demand for hybrid systems in the coming years. The hybrid system market is dominated by a few global players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Denso (Japan), ZF (Germany), and Valeo (France). There are certain key innovators gaining attention in the hybrid system market including UQM Technologies (US), Schaeffler (Germany), and Johnson Controls (US).
The connected truck market is projected to grow at a CAGR of 15.14% during the forecast period, to reach USD 37.64 Billion by 2022 from an estimated USD 18.60 Billion in 2017. Industry compliance norms and government mandates supporting connected technology of trucks, coupled with increasing customer satisfaction, drive the connected truck market. Further, the regular vehicle data updates, which are generated by the telematics control unit (TCU) of a truck, are expected to reduce the overall recalling cost for OEMs. The connected truck market is dominated by a few globally established players such as Bosch (Germany), Continental (Germany), and ZF Friedrichshafen AG (Germany).
The autonomous luxury vehicle market, in terms of volume, is projected to grow at a CAGR of 35.35% from 2025 to 2030. The market is projected to be 27,906 Units in 2025 and is projected to reach 126,774 Units by 2030. The rising concerns about vehicle safety and security have accentuated the need for the development of autonomous vehicles. Factors such as an increase in disposable income, the rise in purchasing power, and changing buyer preferences have fueled the market for luxury and premium cars, which in turn is expected to drive the autonomous luxury vehicle market. The report analyzes all major OEMs and tier I suppliers in the autonomous luxury vehicle market. Daimler (Germany), BMW (Germany), Tesla (US), and Audi (Germany) are some of the leading OEMs in the autonomous luxury vehicle market. The report also discusses the tier I suppliers such as Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK).
The rear spoiler market was valued at USD 2.33 Billion in 2016 and is projected to grow at a CAGR of 7.40% during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017 to 2022. The report profiles all major players in the rear spoiler market, including Magna International (Canada), Plastic Omnium (France), SMP Automotive (Germany), Polytec Group (Austria), Thai Rung Union Car Plc (Thailand), and INOAC Corporation (Japan) among others.
The augmented reality automotive market is projected to grow at a CAGR of 17.60% from 2020 to 2025, to reach a market size of USD 6.79 Billion by 2025. The key drivers for the market are the increasing adoption rate of advanced technologies by OEMs, rising consumer demand for enhanced in-vehicle safety, faster generation of real-time and reliable data from advanced driver assistance systems, and the growth of connected vehicles. The augmented reality automotive market is dominated by a few global AR HUD system suppliers and comprises several regional players. Some of the key AR HUD suppliers operating in the market are Continental AG (Germany), Visteon Corporation (U.S.), Panasonic Corporation (Japan), and Harman International Industries Inc. (U.S.).
The autonomous emergency braking (AEB) system market is projected to be worth USD 55.31 Billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. The rising number of accidents and growing safety concerns and the increasing government mandates regarding vehicle safety and security shall be the major factor for growth of autonomous emergency braking (AEB) system market. This report covers some of the leading players in autonomous emergency braking (AEB) system market such as Continental AG (Germany), Denso Corporation (Japan), Valeo S.A. (France), Knorr-Bremse (Germany), Analog Devices (US) and others.
The global transportation industry is focusing on decreasing greenhouse gas emissions and air pollution. Several countries are developing a rapid rail transit network to follow a sustainable path, which in turn is expected to boost the market for Train Control Systems. The Train Control and Management System Market is driven by factors such as growing population and urbanization in developing countries such as India and China and availability of high-speed communication systems. The Train Control and Management System Market was estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02% during the forecast period. The key players in the Train Control and Management System Market are profiled in the study. These include Bombardier Inc. (Canada), Siemens AG (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Hitachi Ltd. (Japan), Knorr-Bremse AG (Germany), ALSTOM SA (France), CAF GROUP (Spain), ABB (Switzerland), Thales Group (France), ASELSAN A.Ş (Turkey), DEUTA-WERKE GmbH (Germany), Rockwell Collins (USA), MEN Mikro Elektronik GmbH (Germany), Eke Group (Finland), Strukton Rail (Netherland), CRSC (China), HUBER+SUHNER (Denmark), Wabtec Corporation (USA), Quester Tangent (Canada), Medha Servo Drives Private Limited (India), UniControls a.s. (US), Leroy Automation (France), Amaronia Rail Ltd. (Finland), and Tech Mahindra (India).
The automotive secondary wiring harness market is projected to grow at a CAGR of 11.91% from 2017, to reach USD 22.90 Billion by 2022. Rising demand for compact wiring harness and emerging new advanced technologies have fueled the growth of the automotive secondary wiring harness market globally. The report covers all the major players in the automotive secondary wiring harness market, including companies such as Sumitomo Electric Industries, Ltd. (Japan), Lear Corporation. (US), Delphi Automotive LLP. (UK), Yazaki Corporation. (Japan), and Furukawa Electric Co., Ltd. (Japan).
The automotive closure market is primarily driven by the rising consumer demand for comfort and luxury features in vehicles. Also, the market is influenced by the increasing concern towards safety/hands-free operations over manual operations. The increasing demand for premium cars across the globe is increasing the number of advanced electronics systems in vehicles. The automotive closure market size is valued at USD 16.42 Billion in 2016 and is projected to grow at a CAGR of 7.75% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. The key automotive closure manufacturers profiled in the report include Continental AG (Germany), Magna International Inc. (Canada), Robert Bosch GmbH (Germany), and Aisin Seiki. Co. Ltd (Japan). These systems and technologies are supplied to automotive OEMs such as Volkswagen AG (Germany), General Motors (U.S.), Toyota Motor Corporation (Japan), and others.
The over the air updates market for automotive is projected to grow at a CAGR of 18.2% during the forecast period, to reach USD 3.89 Billion by 2022. Increasing demand for vehicle connectivity for real-time traffic information, government regulations about safety, demand for vehicle performance data for predictive analysis, and improved operational efficiency and profitability are the key drivers for the OTA updates market for automotive. The OTA updates market for automotive is dominated by a few globally established players such as Robert Bosch GmbH (Germany), Continental AG (Germany), and Harman International (U.S).