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 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.
Increasing development in industrial automation, communications, automotive, electric & electronic appliance, and medical equipment, the global micro motor market is growing at a rapid rate. The micro motor market is projected to reach USD 35.59 Billion in 2020, from USD 28.26 Billion in 2015 growing at a CAGR of 4.56%. The base year considered in this report is 2014 and provides market forecast from 2015-2020. This report segments the micro motor market based on by application (automotive, medical equipment, industrial automation, aircraft, agricultural equipment, construction & mining equipment, and 3d printing), by type (AC, DC), by technology (brushed and brushless), by power consumption (>11v, 12v-24v, 25v-48v, <48v), by region (Asia-Pacific, Europe, North America, & RoW), and by aftermarket, and market size (USD billion) based segmentation for the said market sub–segments.
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 3D printing market for automotive is estimated to be USD 482.27 Million in 2015, and is projected to reach USD 1.56 Billion by 2020, growing at a CAGR of 26.58%. The primary application of 3D printers in automotive is for prototyping and tooling. Using 3D printing for prototyping reduce the turnaround time for making a prototype. Previously, manufacturers would outsource the prototyping process, which results in additional costs and increased their turnaround time. OEMs can now print a prototype overnight and at one fourth of the cost using 3D printing. Polymers are the most preferred 3D print materials because of their flexibility and strength. Metals are expected to be adopted as 3D print material in the future, as components that need to withstand high temperature and pressure can be manufactured using 3D printers with metals as print material. However, 3DP cannot be used for mass manufacturing, owing to the size constraint, and a 3D printer will not be able to print more than one object at a time.
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.
A balance shaft is designed to rotate and vibrate in a way that reduces the vibration produced by an engine. Balance shafts are commonly used for engine refinement. Four cylinder engines use a tow shaft, which turns in opposite directions on either side of engine’s crankshaft. A single balance shaft is used in three cylinder and V6 engines. The automotive balance shaft market size is projected to grow at a CAGR of 6.15 % from 2015 to 2020 to reach $9,854.7 Million in 2015.
The automotive multi-wheel drive systems market, in terms of volume, is projected to grow at a CAGR of 7.75% from 2014 to 2020, to reach 19,045.9 thousand units by 2020. Multi-wheel drive systems have evolved from the need for better fuel efficiency, safety, stability, control, and driving experience. These systems offer these features, prompting automobile companies to invest extensively in such systems. The market for these systems is driven by the increasing demand for the SUVs globally, as well as due to the unfavorable terrains prevailing across various regions.
The downsizing of engine and reducing the weight of the components has resulted into many innovations in fuel delivery system. The function of the fuel delivery system is to store and supply fuel to the engine. The engine intake system is where the fuel is combined with air, atomized, and vaporized. Then it is compressed in the engine cylinder and ignited to produce energy. A fuel delivery system consists of a number of essential components that plays significant role in the proper delivery of fuel. The automotive fuel delivery system market is projected to grow at a CAGR of 5.93% from 2014–2019 and reach $3.61 Billion by 2019.
The global Automotive Gasket and Seal Market estimated a market value of around $ 8,877.5 million by 2015 and poised to reach $12,362 Million by 2020 at a CAGR of 6.85% from 2015–2020. The automotive gaskets and seals are used in many assemblies of a vehicle for filling the gap between two components to ensure that there is no leakage between them during the compression stage. With increasing concern over environmental changes, the automotive industry is developing new and improved components to push fuel-efficiency of vehicles.
The global automotive clutch market size in terms of volume is projected to reach 125,801.8 thousand units, generating a total estimated market value of around $10,676.0 Million, by 2019. In 2014, the penetration of automotive clutches is estimated to be the highest in the Asia-Oceania region, followed by North America, Europe and RoW.
The automotive ignition system comprises of an ignition circuit which supplies high voltage surges to the spark plugs in the engine cylinders. These surges produce electric sparks across the spark plug gaps. Heat generated from spark ignites the compressed air-fuel mixture in the combustion chamber. Although there are various types of ignition systems available in the market today, most can be placed in one of three groups: Conventional Breaker-Point Ignition, Electronic Ignition; or a newer type the Distributorless Ignition, which is fast becoming the most popular ignition system. The global automotive ignition system market size in terms of value is projected to grow to $7.6 Billion by 2019 at a CAGR of 6.2%.
The global market value for spark plugs and glow plugs is projected to reach $ 2,804.83 Million and $1079.47 Million respectively by 2019. The market in terms of value for spark plugs is estimated to be the largest in the Asia-Oceania region, which holds a market share of about 46% in 2014. China is the major contributor to the growth of spark plugs in the Asia-Oceania region. The global demand for spark and glow plugs is propelled by the increasing number of vehicles across the globe, and the upcoming stringent fuel efficiency and emission norms. North America holds the second position in the market for spark plugs as this region has the majority of gasoline vehicles. The major contributor to the market in the North American region is the U.S., which has the largest production of gasoline LCVs. This justifies the huge demand for cold spark plugs that are used in high-performance engines. Europe is estimated to be the largest market for glow plugs, followed by Asia-Oceania. This is because the region has the second largest number of diesel vehicles in the world.
Global two wheeler fuel injection systems market includes a wide range of components such as Fuel injection (FI) system which includes Fuel injectors, Electronic control unit (ECU) & Fuel pump/Rail and carburetors which includes Off-idle circuit, open throttle circuit, choke, power valve, & accelerator pump. Global two-wheeler fuel injection systems market: The market value of two-wheeler fuel injection systems is projected to grow at a CAGR of 6.76% to reach $ 8.6 Billion by 2019. The global two-wheeler fuel injection systems market is dominated by various players including Robert Bosch GmbH (Germany), Magneti Marelli S.p.A. (Italy), Ucal Fuel systems Ltd. (India), Delphi Automotive PLC (U.K.), Keihien Corporation (Japan), and Mikuni Corporation (Japan).
The market for coolant and lubricant is very huge and is anticipated to increase rapidly in terms of value at a CAGR of 7.38% and 9.21% for the period under consideration. The rapid increase in sales of vehicle in developing countries and development of infrastructure has created a strong demand for these coolants and lubricants, where the coolant contributes approximately 65% to the total coolant and lubricants market in terms of value. The sizes of the lubricant and coolant markets, in terms of volume, are projected to grow at a CAGR of 8.10% and 6.73% respectively from 2014 to 2019 and reach 408.48 Million gallon and 346.62 Million gallon by 2019.
The market for natural gas commercialvehicles is gaining traction in many countries due to the combined effects of low-cost CNG and LNG and higher prices of diesel.The conversion options available in commercial vehicles make them an attractive option in terms of reduction in running costs and overall cost of ownership. The low cost of conversion and prospect of significant emission reduction will increase the penetration of alternativefuels, worldwide. The OE CNG & LNG trucks and buses market size to reach 418,889 units by 2019
Automotive energy recovery systems market size, in terms of volume, is projected to grow at a promising CAGR of 9.03% to reach 139.4 Million units by 2019. The market is dominated by players such as Continental AG (Germany), Robert Bosch GmbH (Germany), and Denso Corporation (Japan).
The powertrain is a system of motorized parts of a vehicle that produces energy, which is further transformed so as to drive the vehicle. It generally consists of engine, transmission, driveshaft, axles, differential, and clutch/torque converter. The powertrain of any vehicle creates energy initially in the engine, and this energy is transferred to the transmission. The transmission takes the power from the engine and with certain gear ratios, reduces it and the engine’s torque is transmitted through the driveshaft to the wheels of the vehicle, which, when applied to road, moves the vehicle.
The transition in automotive industry is greatly attributed to factors such as increasing push for fuel efficiency, safety, reduced emissions and others. In addition to this, highly precise and accurate motion control is also in great demand in the automotive industry. One such market driven by these factors is of Drive/X-by-Wire systems.The market for automotive X-by-Wire systems is projected to reach 139.3 million units by 2019
The occupant sensing system and whiplash protection system market in terms of value is projected to grow at a healthy CAGR of 14.3% and 13.8% respectively from 2014 to 2019. The major factors driving the demand of automotive occupant sensing system and whiplash protection system are stringent safety norms, increased safety awareness, technological advancement, affordability as well as institutions such as the New Car Assessment Program (NCAP) awarding safety ratings to cars based on safety performance.
The Blind Spot Detection (BSD) system and Adaptive Cruise Control (ACC) system market in terms of value is projected to grow at a healthy CAGR of 22.8% and 16.9% respectively from 2014 to 2019.The major factor driving the demand of automotive BSD and ACC systems are increased safety awareness, growth of global premium cars market, affordability as well as the institutions such as New Car Assessment Program (NCAP) which awards safety ratings to cars based on the safety performance.
The Night vision system and Driver monitoring system market in terms of value is projected to grow at a healthy CAGR of 18.3% and 16.3% respectively from 2014 to 2019.The major factors driving the demand of automotive night vision system and driver monitoring system are increased safety awareness, rise in sales of premium cars, growth of global automotive industry as well as institutions such as New Car Assessment Program (NCAP) which awarding safety ratings to cars based on safety performance.
The Tire pressure Monitoring System (TPMS) and Lane Departure Warning Systems (LDWS) market in terms of value is projected to grow at a healthy CAGR of 16.3% and 20.2 % respectively from 2014 to 2019. The major factors driving the demand of automotive TPMS and LDW system are stringent safety norms, increased safety awareness, technological advancement, affordability as well as institutions such as the New Car Assessment Program (NCAP) awarding safety ratings to cars based on safety performance.
Automotive Anti Lock Braking System (ABS): The market size, in terms of value, is projected to grow at a promising CAGR of 8.6% to reach $34 billion in 2019. Automotive Electronic Stability Control System (ESC): The market size, in terms of value, is projected to grow at a promising CAGR of 10.9% to reach $42 billion in 2019.The global automotive ABS and ESC systems market is dominated by players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv, Inc. (Sweden), and TRW Automotive (U.S.).
The use of sensors in automotive industry has rapidly increased in the last few decades. The first sensors made for a car were to manage the engine. By 1960’s, it became a widespread practice in passenger cars. The introduction of federal emission norms gave a boost to this market making it quintessential for the Original Equipment Manufacturers (OEMs) to strike a balance between government regulations, manufacturability, and robustness. This required the systems to be equipped with new and precise sensors, such as the Manifold Absolute Pressure (MAP), air fuel ratio sensors, and others. Since then, the sensors used in automobiles have evolved and have catapulted the complexity of vehicle electronics to new heights. Precise measurements and quick data analysis has paved the way for technologies which have helped automotive OEMs cope with the increased pressure from the governments. For Example, the number of sensors used in engine control application has increased from 10 in 1995 to more than 60 in 2013.
The South American region has been garnering a lot of attention from automotive OEMs over the past few years. The regions vehicle production witnessed a growth of 8.23% from 2011 to 2013. The major countries contributing to the South American automotive production were Brazil, Argentina, and Columbia. The major automotive original equipment manufacturers of the region are Fiat Chrysler Automobiles, Volkswagen, Ford Motor Co., and General Motors Co. With aid from the government in the form of liberal policies and regulations, OEMs in the region have been increasing their operations in the region to cater to the domestic and export demands. The entire South American automobile production is expected to grow to 5,760.79 thousand units by 2018.
The present generation vehicles manufactured are equipped with many features which differ in functions performed, cost and application of the system. These features make the vehicle very comfortable for people to carry out their daily activities. This report deals with five such features—HVAC systems, power windows, power seats, heated seats and sunroofs. The HVAC systems and power windows are commonly found in most of the vehicles these days, whereas the adoption of other cabin comfort features is increasing at a slow pace due to usage of these features mainly in the luxury vehicle segment.
Low emission vehicles are expected to witness good growth as they are being accepted across the globe. Currently, low emission market is dominated by Full Hybrid Electric Vehicles (FHEVs) and expected to remain as market leader during the forecasted period. The market of North America is expected to be the biggest one for FHEVs. However, our research says that market for PHEVs and BEVs will develop at a faster rate due to governments’ initiatives to develop charging infrastructure in battery technology.