The African automotive market is valued at USD 28.45 billion in 2020, and it is expected to reach USD 39.87 billion by 2026, registering a CAGR of 5.55% over the forecast period. However, the outbreak of pandemic COVID-19, impaced the market very badly and majority of markets in the region have not recovered and the demand is still...
China’s demand for Automation and Robots has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
Major companies in the motor vehicle market include Toyota Motor; Volkswagen Group; General Motors; Diamler AG and Ford Motor. The global motor vehicles market is expected to grow from $2115.18 billion in 2020 to $2308.01 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies rearranging...
United Kingdom (UK) Commercial Motor Insurance - Market Dynamics and Opportunities 2020 Summary Growth in gross written premiums (GWP) for 2019 was driven by an increase in commercial vehicles on the roads in the UK.The number of reported claims remained unchanged compared to 2018, yet the average...
Major players in the dashboard camera market are Panasonic Corporation, ABEO Technology, DOD Tech, Pittasoft Co. Ltd., HP Development Company LP, Cobra Electronics Co., Hewlett-Packard, Harman International Industries Inc., Falcon Zero LLC, 360 (QIHU), Thinkware, DOME Technology, Philips, First Scene, Comtec, SAST, JADO, REXing, Kenwood, Yupiteru,...
The automotive driveshaft market is valued at USD 29.15 billion in 2020 and is expected to reach USD 39.67 billion in 2026 and is anticipated to register a CAGR of about 4.93% during the forecast period (2021-2026). The outbreak of pandemic COVID-19, impacted the whole supplychain for the market as demand side (i.e. OEMs) plants were...
China’s demand for Motor Vehicles has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
HD Map Industry Report: the Curtain on Industrial Integration is Lifted, and Four Survival Models May be Staged. In current stage, the challenge of HD map lies in follow-up maintenance and updates rather than initial mapping. Industry insiders still disagree over the frequency of HD map update, but it is clear that HD map does not need...
Abstract: - Key End-Use Industries Collapse Like a House of Cards Leaving the Linear Actuators Market Staring at $4Billion in Losses - The global market for Linear Actuators is expected witness revenues plummet by -14.2% in the year 2020 and thereafter recover and grow to reach US$37.2 billion by the year 2027, trailing...
Abstract: - Current Disruptions Elicit a -15.8% Decline in Growth. Future Outlook for Autonomous Technologies Encourages a 6.4% Projected Growth Opportunity - The global market for Collision Avoidance Systems is expected to slump by -15.8% in the year 2020 and thereafter recover to reach US$62.7 billion by the year...