The automobile safety and security segment leads the market with the demand for more quicker, responsive and less expensive systems. Technological advancements offer this segment with enhanced passive safety features like size-weight anti collision p ....see more
The Public safety and security Market are expected to grow from USD 365.0 billion in 2020 to USD 516.5 billion by 2025, at a CAGR of 7.2% during the forecast period. Major vendors offering Public safety and security software include AGT International (Switzerland), Alcatel-Lucent Enterprise (France), Atos (France), BAE Systems (UK), Cisco Systems (US), Elbit Systems (Israel), Ericsson (Sweden), Esri (US), General Dynamics (US), Harris (US), Haystax Technology (US), Hexagon (Sweden), Honeywell (France), Huawei (China), IBM (US), IDEMIA (France), Motorola Solutions (US), NEC (Japan), NICE (Israel), Rave Mobile Safety (US), Siemens (Germany), Teltronic (Spain), Thales Group (France), Tyco (Johnson Controls) (Ireland), and Verint Systems (US).
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.