Automotive&TransportationWorld

The global automotive light-emitting diode (LED) lighting market is expected to witness significant growth during the forecast period, on account of the growing production of passenger cars and heavy-duty vehicles, low cost of the LED, and long endurance life of LED lamps. On the basis of vehicle type, the automotive LED lighting market has been categorized into passenger cars, light commercial vehicles, and medium and heavy commercial vehicles. During the forecast period, the market for LED lights is anticipated to witness the fastest growth in the category of passenger cars, mainly due to the increased sales of these cars in developing economies such as China, Thailand, Indonesia, and India, owing to rise in the standard of living in these nations. For instance, in October 2018, sales of passenger cars in India stood at 2,84,220 units as compared to 279,881 units in October 2017, demonstrating an increase of near about 1.5%. These numbers are expected to grow exponentially in the...

The global automotive torque converter market is expected to witness considerable growth in the coming years due to the increasing production of automobiles, growing demand for automatic transmission systems, and rising concerns regarding the safety in vehicles. Globally, vehicles with automatic transmission are gaining traction, as this form of transmission is more economical and safer than manual transmission. Thus, the growing demand for automatic transmission systems can be viewed as one of the key factors fueling the demand for torque converters, globally. On the basis of vehicle type, the automotive torque converter market is classified into passenger cars, light commercial vehicles (LCVs), and medium and heavy commercial vehicles (M&HCVs). Of these, the passenger car category held the largest share in the total sales of torque converters during the historical period and is anticipated to continue dominating the market in the coming years. The rising demand for better ...

North America Electric Car Market Overview North American electric car market is witnessing a significant growth over the last few years. The U.S. and Canada are the main countries in the region accounting for majority of sales. Plug-in electric cars are more preferred in the region compared to battery operated ones. Moreover, the preference of cars varies significantly from state to state. For instance, the customers in the north-eastern region of the U.S. prefer electric cars with higher capabilities and range. The North American electric car market is expected to witness a significant growth over the forecast period, driven by government incentives and subsidies, innovation and improving affordability of electric cars. However, lack of models to choose from, less recharging stations and concentration in key cities are some of the factors hampering its sales in the region. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/north-america-el...

MARKET SEGMENTATION By Hybridization Full Mild By Battery NiMH Li-ion By Type Hatchback Sedan Others (Include sport utility vehicles (SUVs), multi-purpose vehicles (MPVs), and Crossovers) Global  hybrid electric car market  is projected to reach $1,38,023.3 million value by 2023, P&S Intelligence. Falling battery prices, low price compared to other electric cars, and increased fuel economy, are some of the major factors driving the growth of hybrid electric car market globally. Hybrid electric cars are the combination of chemically fueled (gasoline, diesel, or alternative) internal combustion    engine, electric motors, battery, and regenerative braking. Altogether, the combination of above components improves the vehicle efficiency, increase fuel economy, and decrease emissions. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/hybrid-electric-car-market/report-sample Insights on market ...

The global smart e-drive market is expected to witness significant growth in the coming years, owing to the implication of stringent governments’ norms and regulations for emissions on the automotive industry across the globe. Additionally, the growing demand for hybrid and electric vehicles, with an objective to reduce carbon emission is another reason, which is anticipated to propel the market growth. Furthermore, advancement of truck platooning and integrated mobility solutions, which are probable to use the hybrid and electric automobiles for ideal functioning, are expected to boost the demand for smart e-drive systems. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/smart-e-drive-market/report-sample Among all categories based on drive type, all-wheel drive (AWD) is the leading category and is anticipated to continue dominating this segment during the forecast period, owing to its advantages, which include benefits of both front-w...

Global Energy Cloud Market Segmentation By Solution Supply chain management Enterprise asset management Customer relationship management Risk and compliance management Workforce management Reporting and analytics By Service Managed services Professional services Energy cloud is a dynamic network that supports distributed energy resources (DER) with a two-way energy flow and can be implemented by a wide range of strategic, technological, operational, commercial and environmental changes, in approach of traditional utility model to increase energy efficiency. The global energy cloud market is growing because of factors such as aging infrastructure, carbon footprint concerns, grid security concerns and need for enterprises to have customer relationship management. Energy cloud markets offers various solutions such as enterprise asset management, workforce management, reporting and analytics, customer relationship manag...

Performance analytics is a tool that provides secure and simple access to key performance indicators and helps companies to enhance their services by providing accurate data required. The growing need to monitor and measure the performance of business and increasing focus of the companies towards optimal utility of resources has led to the emergence of performance analytics market across the globe. The demand for predictive performance analytics is expected to increase during the forecast period, owing to its ability to predict future scenario by comprehensive analysis of historical and present conditions. During the forecast period, the performance analytics market is expected to account largest revenue from North America, on account of growing internet penetration, large investments made in cloud based solutions and early adoption of new and emerging technologies across the region. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/performan...

Energy management system market  is expected to reach $113,476.9 million by 2023, according to P&S Intelligence. Stringent government policies and regulations, favorable government support in the form of incentives, volatility of electricity prices, and rising adoption of EMS in building automation are the major factors driving market growth. Insights on market segments:  Based on offering, the service category is expected to continue holding the larger share in the energy management system market in the coming years, owing to the growing need for the proper implementation and integration of the equipment associated with EMS in commercial and residential buildings, globally. Increasing demand of building owners to exercise total control over the EMS and monitor the energy demand of their premises and rising awareness regarding energy management are the key factors driving the growth of the service category in the market. Request to Get the Sample Report@...

The global automotive cabin insulation market is projected to witness considerable growth during the forecast period, primarily on account of growing use of textile material in interior of a cabin. The industry is anticipated to grow significantly, due to high demand for cabin insulations and ride refinements. In addition, the growth of the automotive industry is a direct result of rising sales of passenger cars and commercial vehicles in recent years, which eventually resulted in the growth of the market. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/automotive-cabin-insulation-market/report-sample The automotive cabin insulation market is categorized on the basis of vehicle type into high-performing vehicles, sport-utility vehicle (SUVs), premium vehicles, and others. The utilization of insulation is maximum in premium vehicles, which is driven by the need to maintain a high standard of quality. However, the demand for proper cabin i...