Category Archives: Automotive Press Release

Global consumer telematics is valued $16.6 billion in the year 2017 and is anticipated to grow with a CAGR of 26.54% from the year 2018 to 2023.

According to the new market research report by IndustryARC titled “Consumer Telematics Market By Technology (Integrated, Embedded & Tethered); Services (GPS, Navigation Systems, Car Diagnostics, Fleet Management & Others), Industry, Components & Geography – Forecast (2018–2023),” the market will be driven by increased sales of automobiles.

The Americas to dominate the Consumer Telematics Market

Americas will dominate the Consumer Telematics Market due to the extensive research and development activities taking place in the region.

Asia Pacific is the second biggest market for telematics owing to the growth of the fleet management market in China.

Connected Cars Market: By Connectivity Type (4G LTE, 3G, Wifi, Others) – Forecast(2018 – 2023)

In the Report “Connected Cars Market: By Connectivity Type (4G LTE, 3G, Wifi, Others), By Type of Interaction (Vehicle-to-Vehicle, Vehicle-to-Infrastructure, Others), By Features (Navigation, System Diagnosis, Safety & Security, Others)- Forecast (2018-2023), published by IndustryARC, the market will be driven by the progress in level of autonomous technology and dictate usage of 4G technology embedded in the car and 5G coverage rollout will become ubiquitous.

This game changing concept is called “Connected Car”, where the car is suitably defined as a vehicle using mechatronics, telematics and artificial intelligence technologies to interact with the environment. This provides greater safety, comfort, entertainment and most importantly, a connected life experience.

North China Dominates with Major Growth in the Chinese Drum Brake Market

In the Report “Chinese Drum Brake Market: By Direction of Motion (internal Expanding, External Constraining); By Brake Shoe Stress (Leading Trailing, Dual Two Trailing, Dual Two Leading); By Channel (OEM, Aftermarket); By Vehicle Type (Two Wheeler, Passenger Vehicle, LCV, HCV) – Forecast (2018-2023)”, published by IndustryARC, the market will be driven by heat dissipation factor of drum brake.

The demand for vehicles is increasing at a positive rate, globally. Improved standard of living coupled with greater buying power drives the growth of the automobile market. As the drum brakes are a key part of automobile, the market for them is estimated to grow at a significant rate in the coming years.

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3D Radar Market Expected $1,775.0 Million by 2022

3D Radar Market

Ask For Free Sample Report:

The report “3D Radar Market by Frequency Band (C/S/X Band, L Band, E/F Band, Others), Range (Long, Medium, Short), Platform (Airborne, Ground, Naval), Region (North America, Europe, Asia Pacific, Middle East, RoW) – Global Forecast to 2022”,

published by MarketsandMarkets™ , the market is projected to grow from USD 702.8 Million in 2017 to USD 1,775.0 Million by 2022, at a CAGR of 20.36% from 2017 to 2022.

Browse 88 Market Data Tables and 48 Figures spread through 149 Pages and in-depth TOC on “3D Radar Market – Global Forecast to 2022”

Early buyers will receive 10% customization on this report

Ground Support Equipment Expected to $24.69 Billion by 2022

Ground Support Equipment Market

Ground Handling System market
Ground Support Equipment

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The report Ground Support Equipment Market by Type (Electric, Non-Electric, Hybrid), Application (Passenger Service, Commercial & Military Cargo, Aircraft Service), End Use (Commercial, Defense), Component (Equipment, MRO), and Region – Global Forecast to 2022″, The ground support equipment market is projected to grow from USD 14.16 Billion in 2017 to USD 24.69 Billion by 2022, at a CAGR of 11.76% during the forecast period.

Browse 90 market data tables and 35 figures spread through 165 pages and in-depth TOC on “Ground Support Equipment Market – Global Forecast to 2022”
Early buyers will receive 10% customization on reports.

Global IoT in Automobile Market Research And Forecast 2018-2022

According to Market Research Future Analysis, IoT in Automobile Market has been valued at USD ~83 billion by 2022 growing with ~27% of CAGR during forecast period 2018 to 2022.

key players:

The key players of global Iot in the automobile market report include Texas Instruments Inc. (U.S.), Intel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), TOMTOM N.V. (Netherlands), IBM Corporation (U.S.), Cisco Systems Inc. (U.S.), Microsoft Corp. (U.S.) ,Thales SA (France), AT&T Inc. (U.S.), Vodafone Group (U.K.), Robert Bosch GmbH (Germany), Google Inc. (U.S.), Apple Inc. (U.S.), General Motors (U.S.), Audi AG (Germany) , Ford Motor Company (U.S.) and others.

Global Automotive Composites Market Will Reach Around USD 7.5 billion by 2024

The global Automotive Composites Market stood at over USD 3 billion in 2015 and is expected to surpass USD 7.5 billion by 2024 expanding at a CAGR of over 8.5 %. Rising preference for high fuel efficiency in passenger cars and growing vehicle production, particularly in the Asia-Pacific (APAC) region, will drive the global market during the forecast period (from 2016 to 2024).

Increasing urban population base, especially in developing countries such as India & China, will offer numerous growth opportunities to the market players. However, recyclability issues along with high costs of raw material are likely to hinder the worldwide Industry growth.

Automotive Lighting Market is anticipated to grow with a CAGR of 6.80% from the year 2018 to 2023

In the Report “Automotive Lighting Market: By Light Sources (Incandescent, Halogen and Others); By Lighting Technology (Xenon, Light Emitting Diodes (LED) and Others); By Exterior Head Lights (Front Light, Parking Light and Others); By Exterior Rear Lights (Parking Light, Stop Light and Others); By Interior Lights (Compartment Lights, Dashboard Lights and Others); By Type of Vehicles (2-Wheelers, 4-Wheelers and Others); By Geography Forecast (2018-2023)”, published by IndustryARC, the market is driven by rising awareness of energy efficient lighting systems and growing sales of luxury vehicles equipped with navigations and infotainment systems.

The Automotive Chassis Market is expected to grow at a CAGR of more than 6% during 2018 – 2023

According to the Report “Automotive Chassis Market: By Type (Front Axle, Rear Axle, Corner Modules, Active Kinematics Control); By Component (Tie-Rods, Stabilizer Links, Suspension Ball Joints, Cross Axis Joints, Control Arms, Knuckles and Hull); By Application (Passenger cars, Commercial Vehicle); By Geography – Forecast (2018–2023),published by IndustryARC, the market is driven by the changes observed in the way companies manufacture auto parts and chassis to respond to the changing consumer needs.

The chassis, primarily manufactured from steel, is considered to be the most crucial element that gives strength and stability to vehicles under different conditions. During the engineering phase, the body of a vehicle is flexibly molded according to the structure of the chassis.

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