China’s demand for Automotive Electronics 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...
The digital isolator market was valued at USD 1.6 billion in 2020 and is projected to reach USD 2.4 billion by 2026. It is expected to grow at a CAGR of 8.0% during the forecast period. Risen adoption of digital isolators as substitutes for optocouplers, surged demand for noise-free electronic and electrical circuits, increased usage of renewable...
The global automotive OEM interior coatings market is expected to record a CAGR of around 5% during the forecast period. The major factor driving the market studied is the mobility preference for personal transport owing to pandemic crisis. - A sharp decrease in automotive production is expected to hinder the growth of the market studied. -...
The market for rubber additives is expected to grow at a CAGR of over 3% during the forecast period. Major factors driving the rubber additives market are rapidly increasing demand from the tire manufacturing industry and growing application in enhancing structural and mechanical properties. Stringent environmental regulations are expected...
The global automated guided vehicle market was worth USD 4.55 billion in 2019 and is projected to reach USD 11.70 billion by 2025, recording a CAGR of 17.01% over the forecast period (2020 - 2025). Lights-out automation has been the aimed result for various manufacturing facilities. Lights-out automation involves in fully automated systems...
The market for polyimide films is expected to expand at a CAGR of over 7% during the forecast period. Major factors driving the market studied is the increasing demand from the electronics industry. High processing cost of polyimide films is one of the major challenges witnessed in the polyimide films market - Increasing adoption of...
The automotive DC-DC converters market is projected to grow from estimated USD 339 million in 2020 to USD 1,432 million by 2025, at a CAGR of 33.4% during the forecast period. The growing adoption of energy-efficient electric vehicles such as battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles to curb GHG emissions from...
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 automotive Ethernet market is projected to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% from 2020 to 2026. Major factors expected to drive the growth of the automotive Ethernet market include increasing demand for higher bandwidth, rise in deployment of ADAS and infotainment...
Executive Summary The Global Automotive FCEV Market, valued at USD 415.45 Million in the year 2020, has been witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality....