The drive by wire market is projected to reach USD 31.9 billion by 2025 from an estimated USD 24.0 billion in 2020 at a CAGR of 5.9% during the forecast period. The primary reason for the growth is driven by the increasing number of mandates from governments to control vehicle emissions, vehicle weight reduction and the demand for premium...
The Automotive Automated Parking System market is anticipated to register a CAGR of 16.96 %, during the forecast period (2020 – 2025). - The influx of technology in vehicles has increased significantly over the last two decades, and companies are working on making vehicles and parking spaces more customer-centric. - The growing demand...
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 2027,trailing a post COVID-19...
This research service analyzes the volume and value of class 1–3 vehicle hubs and bearings aftermarket in the United States and Canada.It discusses unit shipment, revenue, average price, distribution channel share, and major participants for wheel hub assemblies and for bearing units. The base year for this analysis is 2019, and the...
Automotive Predictions 2021 - Thematic Research Summary In this report, we look at the big themes for 2021 across the automotive industry, identifying the winning companies and the ones to watch for each theme. Scope - This report is part of our ecosystem of thematic...
Safety first: Rising disposable income has boosted industry demand and encouraged new entrants Abstract Driving Schools Demand for the Driving Schools industry is largely determined by disposable income levels because driving instruction can carry a high price tag; therefore, many consumers may opt...
The global auto market has staged an impressive Q3 rebound, with global light vehicle selling rates in the autumn back to their pre-pandemic levels, as pent-up demand and country-level incentives have boosted demand. Overall, we expect global automotive value-added output will recover its pre-coronavirus Q4 2019 levels of output in mid-2021,...
KEY FINDINGS The United States X-ray tube market is anticipated to record a CAGR of 4.26%, over the forecast years. The increased demand from the energy and healthcare sectors, the growing geriatric population, the surging incidence of chronic diseases, and the rapidly augmenting aerospace industry. The base year considered...
Steady idle: The industry will grow slowly along with an aging fleet and climbing vehicle miles Abstract Auto Parts Stores in the US Over the five years to 2019, the Auto Parts Stores industry has experienced fairly stable growth. The industry benefited during the period from rising per capita disposable...
Hands off: Increased input costs and trade uncertainty will likely hurt industry export growth Abstract Automobile Electronics Manufacturing in the US Automobile Electronics Manufacturing industry strength can be largely attributed to the robust growth of motor vehicle manufacturing and sales. Heavy...