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 automotive plastic additives market is projected to grow at a CAGR of 6.52% during the forecast period, to reach USD 8.58 Billion by 2022. Rising demand for lightweight vehicles across the ecosystem have fueled the growth of the automotive plastic additives market globally. The growing trend of EVs is also a major factor that has contributed to the growth of this market. The electrification of vehicles in emerging countries such as China and India is driving the market for automotive plastic additives. The use of plastics in electric vehicles is more as compared to passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). The electrification of vehicles is increasing due to the lightweight of plastics and to cope with the stringent emission regulations. The report covers all the major players in the Automotive Plastic Additives Market that includes companies such as BASF SE (Germany), ExxonMobil Corporation (U.S.), Covestro AG (Germany), The Dow Chemical Company (U.S.), Sabic (Saudi Arabia), and Akzo Nobel N.V. (Netherlands) among others.
The end-point authentication market for automotive, by value, is projected to grow at a CAGR of 14.5% from 2017 to 2022. The market, by value, was estimated to be USD 529.5 Million in 2017. In this study, 2016 has been considered the base year, and 2017 to 2022 the forecast period, for estimating the size of the end-point authentication market for automotive. The report analyzes and forecasts the market size, by volume (thousand units) and value (USD million), of the end-point authentication market for automotive.
The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% during the forecast period, to reach USD 885.1 Million by 2021. The increase in vehicle sales and production is expected to drive the demand for the antifreeze market. In addition, growing vehicle parc and increase in miles traveled per year per country are the key factors fueling the demand for antifreeze in the aftermarket.
With the growing number of fleet vehicles, increased maintenance cost, and volatile fuel prices across the globe, there is an increased concern for fleet companies to achieve high operational efficiency with reduced cost. According to a research study conducted by Argonne National Laboratory in 2015, approximately 1 billion gallons of fuel was wasted because of excessive truck idling, which cost around USD 3 Billion yearly. The implementation of IoT would play a crucial role to counter the above-mentioned concerns. IoT allows real-time monitoring and data transmission with the help of a decent connectivity technology such as 4G or upcoming 5G over the cloud server. It offers predictive maintenance and analysis of data into useful information to achieve optimum results.
The connected car devices market size is projected to grow at a CAGR of 16.3% during the forecast period, to reach USD 57.15 Billion by 2021. Rising concerns pertaining to vehicle, driver, passenger, and pedestrian safety have fuelled the growth of this market globally. The global connected car devices market is dominated by key manufacturers such as Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive, PLC (U.K.), Robert Bosch GmbH (Germany), and Autoliv Inc. (Sweden) among others.
The automotive gesture recognition systems (GRS) market is projected to grow at a CAGR of 30.5%, from USD 829.5 Million in 2016 to USD 3144.8 Million by 2021. The rise in consumer preference for application based technologies and increasing awareness about driver safety and regulations in automobile industry have fueled the growth of the automotive gesture recognition systems market. The increase in demand for autonomous and electric vehicles is also a major factor that will contribute to the growth of the automotive GRS market.
The automotive connectors market, in terms of value, is projected to grow at a CAGR of 7.46% from 2016 to 2021. The market was estimated to be USD 4.38 Billion in 2016, and is projected to reach USD 6.28 Billion by 2021. The growth of the automotive connectors market is fueled by the increasing number of electronic components and advanced safety features in vehicles, and rise in the number of autonomous vehicles across the globe.
The car door latch market is projected to grow at a CAGR of 5.80%, from USD 4.97 Billion in 2016 to USD 6.59 Billion by 2021. Global automobile demand is increasing continuously due to reasons such as increase in population, developments in suburbs, and infrastructural expansions, which are major driving factors for the car door latch market. As increase in global automobile demand will directly impact the production of car door latches.
The passenger car smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 Billion by 2021 from USD 2.13 Billion in 2015. The market for park assist system is driven by factors such as increased consumer preference towards comfort and luxury, and increased competition between OEMs to offer such driver assistance features. Additionally, government policies supporting smart parking systems is also a major demand driver for passenger car smart parking market.
The automotive aftermarket for top 10 components is projected to grow at a CAGR of 7.75% from 2016 to 2021, to reach a market size of USD 302.64 Billion by 2021. The major factors responsible for growth are growing vehicle parc, increase in average life of a vehicle, rising miles driven per year and emergence of new distribution channels. Tires is the largest segment globally, in terms of value. Tires are replaced once they are driven for a fixed set of kilometers or miles. Thus, the replacement or aftermarket for tires becomes an important segment for the automotive tire market. The aftermarket for tires is led by the radial tires segment.
The top 10 automotive technologies are projected to grow at a CAGR of 17.35%, to reach a market size of USD 139.02 Billion by 2021. Increase in demand for luxury vehicles with advance technologies is driving the market for Top 10 Automotive technologies. Also, Government Regulations towards safety feature has propelled growth of automotive technologies. The major players in top 10 automotive technologies market are Delphi Automotive PLC (U.K.), Continental AG (Germany), Robert Bosch GmbH (Germany), and some on board internet service providers are Agero (U.S.), Airbiquity (U.S.), and WirelessCar (Sweden). The major telecom companies which provide connectivity for on board internet services are AT&T (U.S.), Verizon (U.S.), and Vodafone (U.K.).
The global automotive robotics market, in terms of value, is projected to grow at a CAGR of 10.74% from 2016 to 2021. The market is estimated to be USD 5.07 Billion in 2016, and is projected to reach USD 8.44 Billion by 2021. In this study, 2015 has been considered the base year, and 2016 to 2021 the forecast period, for estimating the market size of the global automotive robotics market.
The smart transportation market for mass transit is projected to grow at a CAGR of 8.90% during the forecast period, to reach a market size of USD 44.78 Billion by 2021. A wide array of upcoming railway projects, increased urbanization, and the growing need of public transport has led to the increase in demand for smart transportation solutions and its related components, software and services.
The automotive window and exterior sealing systems market, in terms of value, is projected to grow at a CAGR of 7.07% from 2016 to 2021. The market is estimated to be USD 18.26 Billion in 2016, and is projected to reach USD 25.69 Billion by 2021. This increase is triggered by various factors which covers various aspects, like need for transportation ignited by increase in urbanization which leads to demand for vehicle that results in increase in demand of sealing systems.
The E-tailing market for automotive applications is projected to grow at a CAGR of 12.53% during the forecast period, to reach USD 49.07 Billion by 2021 from an estimated USD 27.19 Billion in 2016. The base year for the report is 2015 and the forecast year is 2021. The current vehicle population, increasing automobile sales, and increasing penetration of internet has led to the increase in online sales of automotive components. The major market players in the E-tailing market for automotive applications are Advance Auto Parts (U.S.A.), Alibaba Group Holding Limited (China), Amazon.com Inc. (U.S.A.), Delticom AG (Germany), O’Reilly Auto Parts (U.S.A.), Flipkart (India) and eBay Inc. (U.S.A.) etc. which have their presence in not only the domestic but in the international market as well.
The biometric vehicle access system market, in terms of value, is projected to grow at a CAGR of 14.06% from 2016 to 2021. The market is estimated to be USD 442.7 Million in 2016, and is projected to reach 854.8 Million by 2021. The growth of the biometric vehicle access system market is fueled by increased safety regulation, technological advancements, and rise in biometric technologies.
The monorail market, in terms of value, is projected to grow at a CAGR of 2.75% from 2016 to 2021. The market is estimated to be USD 4.68 Billion in 2016, and is projected to reach 5.36 Billion by 2021. Increase in urbanization has led to increase in demand for alternative transportation which has drive the monorail system industry. The report analyzes all major players in the Monorail Market, including Bombardier Transportation (Canada), Hitachi, Ltd. (Japan), Scomi Engineering Bhd. (Malaysia), Aerobus International, Inc. (USA), Mitsubishi Heavy Industries, Ltd. (Japan), Intamin Bahntechnik (Switzerland), Urbanaut Monorail Technology (USA).
The light duty vehicle market for North America is projected to grow at a CAGR of 5.65% during the forecast period, to reach 24540.0 thousand units by 2021, from an estimated 18647.1 thousand units in 2016. The base year for the report is 2015 and the forecast year is 2021. The increasing demand for light duty vehicles in North America, stringent emission regulations leading to light weighting/engine downsizing, and infrastructure growth has led to an increase in passenger car production in North America.
The global vehicle diagnostics market is projected to grow at a CAGR of 16.79% from 2016 to 2021, to reach a market size of USD 30.22 Billion by 2021. Stringent emission norms, the rising demand for safety and security in vehicles, and the growing inclination towards premium vehicles are expected to propel the growth of the vehicle diagnostics market. The vehicle diagnostics market, by application, is dominated by the roadside assistance segment, which is estimated to be the largest market, in terms of volume, during the forecast period.
The drivetrain market is projected to grow at a CAGR of 6.18% from 2016 to 2021, to reach a market size of USD 278.57 Billion by 2021. The major drivers of this market are the growing demand for comfort and safety in vehicles, rise in vehicle production, and increasing need for better acceleration, traction, and towing capabilities in vehicles.
The wiper motor aftermarket is projected to grow from USD 2.31 billion in 2016 to USD 2.65 billion by 2021, at a CAGR of 2.78% during the forecast period. The wiper motor aftermarket is primarily driven by two important factors, one is the usage of wiper system, and the other is the increasing number of vehicles on road. The wiper motor is a critical component that drives the wiper system.
The vehicle anti-theft system market, in terms of value, is projected to grow at a CAGR of 7.76% from 2016 to 2021. The market is estimated to be USD 6.59 Billion in 2016, and is projected to reach USD 9.57 Billion by 2021. The growth of the vehicle anti-theft system market is fueled by increasingly stringent safety regulations, technological advancements, and the growing adoption of biometric technologies.
The driver safety market is primarily driven by the growing demand for safety solutions across the globe. The passenger car driver safety market is projected to grow at a CAGR of 6.24%, to reach a market size of USD 3.20 Billion by 2025, whereas the market for off-highway driver safety is projected to grow at a CAGR of 4.91% during the forecast period, to reach USD 380.38 Billion by 2021.
The locomotive market for power conversion systems is projected to grow at a CAGR of 2.92% during the forecast period, to reach a market size of USD 4.27 Billion by 2021. A wide array of upcoming rail projects, increased urbanization, and the rising demand for public transport has led to an increase in demand for locomotives and their related power conversion systems.
The global automotive transmission engineering services outsourcing market is projected to grow at a CAGR of 5.66% during the forecast period, to reach USD 12.92 Billion by 2021, from an estimated USD 9.81 Billion in 2016. The base year for the report is 2015, and the forecast year is 2021. The increasing sales of passenger cars, stringent emission norms, and adoption of new technologies such as hybrid transmission are driving the automotive transmission engineering services outsourcing market.
The cargo shipping market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo shipping market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. Global economic growth, rise in the commodity demand will be the key drivers of the growth in the global shipping cargo trade. In this study, 2015 has been considered as the base year, and 2016 to 2021, the forecast period for estimating the market size of vehicle security. The study segments the cargo shipping trends on the basis of cargo type, industry type, and major trade routes.
The automotive control panel market is projected to grow from USD 74.65 Billion in 2016 to USD 110.18 Billion by 2021, at a CAGR of 8.10%. Market growth is primarily driven by innovations and technological advancements in the automotive industry. The rising demand for electric vehicles also boosts the demand for automotive electronic components and control panels. The control panel provides easy access to various comfort and convenience features in the vehicle.
The global vehicle intelligence systems market is primarily driven by the growing concerns regarding pedestrian safety, the demand for an enhanced driving experience, and the rising sales of premium vehicles in developing economies. The market is projected to grow from USD 11.29 Billion in 2016 to USD 20.11 Billion by 2021, at a CAGR of 12.24%.
The vehicle security system market, in terms of value, is projected to grow at a CAGR of 7.2% from 2016 to 2021. The market is estimated to be USD 7. 57 Billion in 2016, and is projected to reach 10.75 Billion by 2021. Asia-Pacific is estimated to be the largest market for vehicle security systems, followed by North America and Europe. The growth of the vehicle security system market is fueled by increasing vehicle production, growing awareness regarding vehicle safety, and increasing installation of safety features in automobiles.
The automotive alloy market is mainly driven by stringent emission norms, increasing government legislation for reduction of weight of a vehicle, and growing research and development on fuel economy, around the globe. The global automotive alloy market is projected to grow at the CAGR of 7.69% to reach the market size of USD 177.47 Billion by 2021. The base year for the study is 2015, and the forecast period is from 2016 to 2021. The report segments the automotive alloy market based on alloy type, vehicle type, area of application, and region. Alloys of steel, aluminium, magnesium, copper, nickel, titanium among others are covered in the report.
The global battery market is projected to grow at a CAGR of 4.15% to reach a market size of 17.26 Billion by 2021. The base year for the study is 2015, and the forecast period is from 2016 to 2021. The market size in terms of value for batteries in Asia-Oceania is estimated to reach USD 9.51 Billion by 2021, owing to increasing vehicle production and aircraft shipments. The size of the North American battery market in terms of value is estimated to reach USD 3.74 Billion by 2021 witnessing a CAGR of 4.16% during the forecast period. The global battery market has been segmented by automotive application (passenger car, LCV and HCV), by two wheeler application (motorcycle and scooter), by aerospace application (general aviation and commercial aviation), by marine application (passenger, cargo and tanker), and by region (Asia-Oceania, Europe, North America, and RoW). The report also covers market for automotive batteries by type (lead acid, Ni-MH and Li-Ion).
The global rail infrastructure marketsize is estimated to be at USD 45.73 Billion in 2015, which is projected to grow to USD 54.55 Billion by 2020, at a CAGR of 3.59%. Rail transportation offers an ideal, safe comfortable and environment friendly mobility solution for urban and interurban transportation systems. Increasing urbanization in emerging nations has strained the existing road, rail, and air infrastructure. This has also resulted in the development of infrastructure for connectivity of metros to the suburbs. Population growth in these regions is further driving the demand for rolling stock and supporting infrastructure such as maintenance and services. Urbanization is estimated to drive the demand for intra-city mobility solutions.
The global injector nozzle market is projected to grow from USD 3.95 Billion in 2015 to USD 5.33 Billion by 2020, at a CAGR of 6.2% from 2015 to 2020. Increasing need to conserve conventional fuel, rising demand of fuel-efficient vehicles, and significant growth in the passenger cars segment are factors driving the growth of the injector nozzle market. In this report, the global injector nozzle market is segmented by fuel type into gasoline and diesel; by vehicle type into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs); by technology into gasoline port fuel injection, gasoline direct injection, and diesel direct injection; and by region into Europe, North America, Asia-Oceania, and rest of the world. In this report, 2014 is considered as the base year, 2015 as the estimated year, and 2015 to 2020 as the forecast period.
The global automotive engine market is projected to grow at a CAGR of 6.03%, from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020. Meanwhile, the global engine mounts market is projected to grow at a CAGR of 6.38%, from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020. In this study, 2014 has been considered as the base year, and 2015 to 2020 as the forecast period for estimating the market size of the automotive engine and engine mounts market. The study segments the automotive engine and engine mount market on the basis of fuel type, engine type, vehicle type, and region.
The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 thousand units by 2020, growing at a CAGR of 7.87% during the forecast period. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to progressively stringent safety norms and increasing vehicle production. Stakeholders that would be affected by stringent emission regulations include vehicle manufacturers, component manufacturers, consumers, downstream stakeholders, and government regulatory bodies. The parameters that determine the exhaust emissions from vehicles are vehicular technology, quality of fuel, inspection and maintenance of the vehicle, and traffic management. Upcoming stringent automotive regulations are expected to create a strong link between the automotive industry and its stakeholders.
The global automotive gears market is projected to grow at a CAGR of 6.1% from 2015 to 2020. The global automotive gears market is estimated to be at USD 28.47 Billion in 2015 and is projected to reach USD 38.27 Billion by 2020. Asia-Pacific is the largest market for automotive gears, followed by North America and Europe. Automotive gear market of China is projected to grow at a CAGR 8% for the forecasted year. Whereas automotive gear market by value of U.S is projected to 7% for 2015 to 2020. Growth in this market is powered by the increasing vehicle productions, Enhanced driving experience in terms of smooth gear shifting & improvement in acceleration, and increase in installation of automated parts in automobile.
The car safety systems market is estimated to be USD 93.73 Billion in 2015, and is projected to reach 152.59 Billion by 2020, growing at a CAGR of 10.24%. The car safety systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the increasing vehicle electrification, rising vehicle production, and increasingly stringent safety norms.
The off-highway vehicle engine market size is projected to grow at a promising CAGR of 7.65% during the forecast period, to reach USD 38.93 Billion by 2020. Rising mechanization in agriculture and growth in infrastructure activities are some of the drivers fueling growth in sales of off-highway vehicle engines, globally.
The automotive rain sensor market is driven by increased demand for comfort features and driver safety in automobiles. The automotive rain sensor market, in terms of value, is projected to grow at a CAGR of 6.05% from 2015 to 2020, to reach a market size of USD 4.15 Billion by 2020. The automotive rain sensor market is driven by increased vehicle electrification. The adoption of advanced electrical systems in automotive has fueled the demand for sensors.
The automotive rubber molded components market is driven by increased adoption of lightweight materials in automobiles and the increasingly stringent emission, safety, and fuel economy norms. The automotive rubber molded components market, in terms of value, is projected to grow at a CAGR of 5.20% from 2015 to 2020, to reach a market size of USD 40.5 Billion by 2020. The study segments the automotive rubber molded components market on the basis of components, material type, vehicle type, and region.
The global automotive front-end module (FEM) market is estimated to be USD 89.75 Billion in 2015, and is projected to reach USD 119.08 Billion by 2020, growing at a CAGR of 5.82%. The FEM market is primarily driven by the increasing production of light passenger vehicles and heavy-duty vehicles, growing demand for FEM modularization, and rising demand for lightweight FEMs.
The automotive composite materials market size, by value, is projected to grow at a CAGR of 12.94% from 2015 to 2020, and reach USD 11.26 Billion by 2020. The report considers 2014 as the base year and 2015 to 2020 as forecast period. The report segments the automotive composite materials market into different materials types, namely, polymer matrix composites (PMC), metal matrix composites (CMC), and ceramic matrix composites (CMC).
The increasing demand for technologies to reduce carbon dioxide emissions and preserve the environment, has meant that companies are now developing air conditioning systems that are more efficient and environment friendly. The automotive air conditioning systems market in terms of value is projected to grow at a CAGR of 6.69% from 2015 to 2020, during the forecast period. The market for automotive air conditioning systems in Asia-Pacific is estimated to grow at a CAGR of 6.86% from a value of USD 9.24 Billion in 2015 to USD 12.88 Billion by 2020.
The global automotive belt & hose market, in terms of value, is projected to grow from USD 14.6 Billion in 2015 to 20.2 Billion by 2020 at a CAGR of 6.69%. The size of the global automotive belt & hose market in terms of value is estimated to grow at CAGRs of 6.09% and 6.82% respectively from 2015to 2020. In the past, classical chain drives were used to synchronize the crank and cam shafts. Later, in 1970, synchronized belt drive systems were introduced when overhead camshafts were introduced. Further developments in engine design and technology resulted in the use of a single belt known as the serpentine belt to power all the engine accessories.
The starter motor cranks up the engine for initial starting, while the alternator provides the power required for the vehicle electronics. The growth of the starter motor and alternator market can be linked to the increasing vehicle production and rising demand for vehicle electrification. The Alternator market is projected to grow at a CAGR of 5.38% from 2015 to 2020 to reach a value USD 8,871.5 Million by 2020. On the other hand, the market for starter motor is estimated to reach USD 9,087.3 Million by 2020, growing at a CAGR of 5.22%.
Automotive sideshafts play a vital role in the operation of any vehicle. It ensures optimum delivery of power to the wheels of the vehicle. Based on the application and position, the sideshaft serves the function of comfortable driving, and accommodating suspension vibrations and steering. Stringent fuel-efficiency demands from government regulations and end-users, following an increase in fuel prices have driven the need for lightweight automotive components. Automotive Sideshafts: The market size, in terms of value, is projected to grow at a promising CAGR of 6.37% to reach USD 7.2 Billion by 2020.
Sensors are an integral part of automobiles and play a key role in driving efficiency, safety, comfort, and emission control. They have various automotive applications, right from the engine to the exhaust system. The growth of automotive sensors can be directly attributed to the increasing use of electronics in the automotive industry for safety, driving control, emission control, and luxury. Emission sensors are a commercially attractive segment of the overall automotive sensors market and are estimated to grow at a CAGR of 6.59% from 2015 to 2020. Asia-Oceania is estimated to be the largest market for exhaust sensors.The automotive exhaust sensor market is projected to reach USD 35,714.7 Million by 2020 from USD 25,961.8 Million in 2015.
This report estimates the global automotive fuel injection market for 2015 and projects the demand for the same by 2020. The report segments the market based on vehicle types (passenger car, light commercial vehicles, and heavy commercial vehicles), by region (Asia-Pacific, Europe, North America, and rest of the world), by fuel types (gasoline and diesel), by technology (gasoline port injection, gasoline direct injection, and diesel direct injection), components (injectors, ECU, pressure regulators, and fuel pumps), and provides market forecast in terms of volume (in thousand units) and value (USD million) for abovementioned segments. The report also covers Porter’s Five Forces Analysis, value chain, and qualitative data about drivers, restraints, and opportunities presented by the global fuel injection system market. In 2015, the global market for fuel injection systems is estimated to be at USD 54.72 Billion, which would reach USD 73.62 Billion by 2020, growing at a CAGR of 6.11%.
This report classifies and defines the global bearing market in terms of volume & value. This report provides comprehensive analysis and insights on the global bearing market for both - qualitative and quantitative. It highlights the potential growth opportunities in the coming years as well as it covers review of the - market drivers, restraints, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects related to the global bearing market. The global automotive bearing market, in terms of value, is projected to grow at 186.4 Billion USD and CAGR of 5.8% from 2015 to 2020
Oil and fuel filters are mandatory components in a vehicle. These filters have a limited life span, which has led to growing demand for them in both the OE market and the aftermarket. The global automotive OE oil and fuel filter market, in terms of value, is estimated to grow at a CAGR of 6.64% from 2015 to 2020. The growing demand for vehicles in the BRICS nations, increasingly stringent emission and efficiency regulations, and increase in the average miles travelled per year, and increasing vehicle parc are key factors driving the oil and fuel filter OE market as well as the aftermarket. The automotive oil and fuel filter market size is projected to grow at a CAGR of 6.64 % from 2015 to 2020 to reach $1,006.4 Million by 2020.