Automotive&TransportationWorld

The European electric bus charging station market is forecasted to grow at a significant rate in the coming years, owing to commercial roll-out of electric buses by the national governments of different countries in the region; incentives including tax reductions or exemptions, subsidies, and grants offered by the governments on the purchase of the electric buses; and technological innovations. Based on the product, the European electric bus charging station market has been categorized into plug-in charging, pantograph charging, and inductive charging. Plug-in charging is the simplest option as it requires the least additional equipment, but needs long charging time. The U.K. leads the European electric bus charging station market, owing to the ambitious plans of local governments to shift toward electrification of their existing bus fleet. In 2017, the U.K. had the largest electric bus fleet in Europe, with less than one percent share of electric buses in the overall municipa...

Automotive Transmission Market Overview The global automotive transmission market is anticipated to grow significantly during the forecast period, owning to growing demand for better experience in driving in relation to smoother gear shifting and higher acceleration in vehicles. The usage of advanced technologies and sustainable economic development across the world are the few factors for the growth in the market. Furthermore, rising automotive production globally is anticipated to increase the demand for automotive transmission in the near future. Based on type, the automotive transmission market is classified into automatic and manual. Automatic transmission is further divided into automated manual transmission (AMT), continuously variable transmission (CVT), and dual-clutch transmission (DCT). In the historical period, manual transmission was preferred by consumers since it was easily available at low cost. However, in recent years, consumers’ preference has switched to...

Automotive HVAC Controllers Market Overview The global automotive heating, ventilation, and air conditioning (HVAC) controllers market is growing in the automotive industry, owning to rise in the demand for passenger cars equipped with these controllers. A significant increase in sales of sports-utility vehicles (SUVs) across the Asia-Pacific (APAC) and European countries is driving the growth of the market. Increase in the demand for greater safety and comfort in road vehicles is also a contributing factor toward the growth of the market in the forecast years. The automotive HVAC controllers market is classified into manual and automatic based on technology. The increasing demand for comfort and luxury by consumers has led to an expectation of higher growth rate in the market for automatic HVAC controllers, thereby, boosting the growth of the market in the coming years. Based on vehicle type, the automotive HVAC controllers market is categorized into passenger vehicle an...

Automotive Embedded System Market Overview The global automotive embedded system market is anticipated to observe an extensive growth in the coming years, due to growing trend of vehicle electrification and automation, growing demand for safety and comfort features in automobiles, and government stringent regulations for automobile emission in many countries. In addition, increasing demand for electric and hybrid vehicles is also fuelling the demand for embedded systems in automobiles. Furthermore, advancement in hardware and software technologies in recent years is further expected to boost the growth of the market in the near future. On the basis of type, the automotive embedded system market is bifurcated into hardware and software. The hardware category is expected to continue to hold the major share in the market. However, software is expected to be the fastest growing category, owing to increasing demand for human machine interference (HMI) in automobiles and increasing ...

Robotaxi Expands the Scope of the Europe Autonomous Car Market The European fully autonomous car market is expected to reach 191.6 billion by 2030, with a CAGR of 18.4% during the period 2023–2030. Evolution in connected and electric car technology, government support for the development of autonomous cars, and need for efficient and safe travel are the major factors driving the progress of the European autonomous car market, according to P&S Intelligence. In Europe, the prevalent laws pave the way for the growth of the autonomous car market. The rules regarding the intellectual property, product liability, corporate/M&A transactions, and cybersecurity provide a conducive environment for the European autonomous car market to prosper. For instance, an amendment was made to the German Road Traffic Act in June 2017, enabling the driver to relinquish driving control to an autonomous car. Today, semi-autonomous cars (level 1 to level 3), wherein the steering and acce...

The   Indian electric rickshaw motor and controller market  is projected to reach $86 million by 2024, with revenue generation of $59.8 million from the motor domain and of $26.2 million from the controller domain, the market is primarily driven by the growth in the electric rickshaw market in the country and the increasing average age of these vehicles. During the forecast period, the Indian electric rickshaw market is expected to advance with a CAGR of over 15% in terms of sales volume, further propelling the demand for motors and controllers in the country, according to P&S Intelligence. Insights on the Indian electric rickshaw motor market segments On the basis of vehicle, the Indian electric rickshaw motor market is classified into battery rickshaw, e-auto, and retrofitted rickshaw. Among them, motors used in battery rickshaws dominated the market in 2018, with 95.6% share in terms of sales volume. However, the fastest growth in the market during the ...

Global automatic self-piercing rivets market worth 8.1 billion units in 2015 As per the research, the global market for automatic self-piercing rivets is likely to grow from 8.1 billion units in 2015 to 45.0 billion units by 2022. With the growth in lightweight vehicles segment and the increasing use of aluminum in the vehicle manufacturing process, the global automatic self-piercing rivets market is gaining traction. The automatic self-piercing rivets market is emerging and are widely used across various vehicle segments such as luxury, cross overs and hatchback. Insights on market segments As per the findings of research, the conventional vehicles emanated the largest demand for automatic self-piercing rivets. Almac coating has been the largest revenue generator in the global market. Europe stands as the largest automatic self-piercing rivets market Europe accounted for the largest region in the global  automatic self-piercing rivets market , where Germany contributed...

Automotive Cybersecurity Market Overview The global automotive cybersecurity market is projected to witness significant growth during the forecast period, owing to the growing demand for connected vehicles and the need for end-to-end cybersecurity in these vehicles. The market growth is also expected to be boosted by the increasing awareness about vehicle safety and safe driving and the growing emphasis on the inclusion of security solutions in the new vehicles sold. On the basis of vehicle, the automotive cybersecurity market has been classified into electric and conventional vehicles. Of the two, faster growth in the market during the forecast period is expected from electric vehicles. With governments across the world focusing on vehicle electrification and supporting the same through favorable schemes and financial incentives, the market for electric vehicles is expected to grow considerably in the coming years. Based on application, the automotive cybersecurity market has ...

The global automotive sensors market is anticipated to observe significant growth in the coming years on account of the increasing vehicle electrification, rising motor vehicle production, and growing implementation of stringent regulations with respect to vehicular emissions. In addition, the growing consumer concerns over vehicle safety and security are playing a major role in boosting the installation of sensors in automobiles. The research scope of the report primarily includes temperature sensors, position sensors, pressure sensors, NOx sensors, oxygen sensors, speed sensors, image sensors, and inertial sensors. Among these, position sensors accounted for the largest share in the automotive sensors market during the historical period owing to the increased installation of these sensors for window and seat position sensing in economy cars. The increased production of economy cars in recent years has contributed significantly to the market growth of this category. Based o...