Asia-Pacific is the leader in the global airbag market and is expected to grow at a CAGR of more than 7% during the forecasted period. The major factors for the growth of the market include significant vehicle sales in the region during the forecast period, and high vehicle exports by the countries including China, Japan, […]
Category Archives: Automotive
The European Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of 9.9% during the forecast period. European ASRS market covers the analysis of major economies including UK, Germany, Italy, Spain, France, and the Rest of Europe. The growing e-commerce industry, cross-border e-commerce sales, and increasing industrial automation are the major […]
The global automotive electronics market is estimated to grow significantly, at a CAGR of more than 7.1%, during the forecast period. The global automotive electronics industry is evolving in a new era with the introduction of self-driving cars, or say, the evolvement of oil-independent vehicles. In self-driving cars, the sensors play a role of key components, as […]
The global automotive lightweight materials market is estimated to grow significantly, at a CAGR of 6.9%, during the forecast period. Lightweight materials play an important role in the automotive industry. The use of these materials is likely to increase significantly over the decades since even a 10% reduction in vehicle weight yields a 6.5% reduction in fuel […]
The urban air mobility market is expected to record significant growth rates over the forecast period. The market is driven by increasing urbanization, the worsening bane of road congestion and new advances in aircraft technology and electric propulsion, the time is now ripe for the emergence of urban air mobility (UAM) as a new industry. It can […]
The valve remote control system market is anticipated to grow at a significant CAGR during the forecast period. Valve remote control system uses hydraulic oil pressure, pneumatic pressure and/or electricity. There are various types of valve remote control systems such as hydraulic valve remote control, electro-hydraulic-valve remote control, pneumatic valve remote control and electric valve […]
India became the fourth largest auto market with sales increasing 8.3% year-on-year to 3.99 million units in 2018. It was the seventh-largest manufacturer of commercial vehicles in 2018. India is also a prominent auto exporter and has strong export growth opportunities for the near future. However, in 2019, a slowdown in the auto sector has […]
The electric vehicle industry in India is growing at a faster rate. Electric mobility will contribute to balancing energy demand, energy storage, and environmental sustainability. Unlike internal combustion engines (ICE) vehicles which produce a high amount of greenhouse gases into the environment, EVs produce zero carbon emission. The growing concern over the environmental pollution generated […]
The global fuel cell electric vehicles market is projected to grow at a moderate rate during the forecast period. Fuel cell electric vehicles utilize fuel cells instead of batteries and are more efficient than conventional internal combustion engine vehicles. The spark is generated by utilizing atmospheric oxygen and compressed hydrogen in the vehicles. Fuel cells […]
Air spring market is anticipated to exhibit considerable growth during the forecast period. Air springs are load-bearing rubber parts made of hollow rubber bellow sealed on top and bottom metal plates. Air spring allows for improved vibration isolation, increased longevity, and decreased driver fatigue. Due to its enhanced performance, better cushioning and relatively high safety […]