The Global Ultrasonic Sensors Market size is expected to reach $5.9 billion by 2026, rising at a market growth of 9.5% CAGR during the forecast period. The ultrasonic sensors produce a shorter wavelength which is transformed into a higher resolution for image processing. It is because of the high frequencies of the ultrasonic sensors as compared...
The AWD/4WD systems are primarily used in the premium segment cars and SUVs.Improving economic conditions, increasing industrialization, and improved living standards of the consumers around the world have increased the demand for premium segment cars and SUVs. Following this demand-led growth, key OEMs have begun to focus on the development...
The global automotive multi-wheel drive market exhibited moderate growth during 2015-2020. An automotive multi-wheel drive, also known as an all-wheel drive or (AWD), is a type of automobile in which all the wheels receive equal torque from the engine. It includes vehicles that have four or more than four wheels such...
The ultrasonic sensors market was valued at USD 1040.12 million in 2020 and is expected to reach a value of USD 2383.19 million by 2026, at a CAGR of 15.68%, during the forecast period (2020-2025). The ultrasonic sensor is an emerging technology with significant growth potential. Ultrasonic sensors rely on non-intrusive detection of target...
The inductive proximity sensor market was valued at USD 1463.8 million in 2019 and is expected to reach USD 2196.8 million by 2025, at a CAGR of 7% over the forecast period 2020 - 2025. The growing automotive industry in Asia is also creating potential for global inductive proximity sensor market. China’s new vehicle market expanded by 3%...
Research on digital transformation of automakers: Tesla is still the best reference Digital transformation means that enterprises make full use of digital technologies (such as big data, cloud computing, artificial intelligence, etc.) in R&D, production, marketing and services to promote the transformation of business models, organizational...
The Global Automotive Piston Pin Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include growing urbanization and industrialization, customization of the piston pins for improved performance,...
Global Automotive Sunroof Market By Vehicle Type (Hatchback, SUV, Sedan and Others), By Material Type (Glass, Fabric and Others), By Sunroof Type (Pop-Up Sunroofs, Built-In Sunroof Systems, Tilt ‘N Slide, Top Mount, Panoramic, Foldable, Removable and Solar Type), By Region, By Company, Competition, Forecast & Opportunities, 2026 The...
Global Riveting Equipment Market 2021-2025 The analyst has been monitoring the riveting equipment market and it is poised to grow by $ 112.99 mn during 2021-2025, progressing at a CAGR of 6% during the forecast period. Our report on riveting equipment market provides a holistic analysis, market size and forecast, trends,...
The semiconductor silicon wafer market was valued at USD 9.85 billion in 2019 and is expected to reach USD 13.64 billion by 2025, with a CAGR of 6.18% during the forecast period from 2020 to 2025. With semiconductors emerging as the building blocks of all modern technology, the innovations and advancements in this field are directly impacting...