Automotive&TransportationWorld

Due to government initiatives toward the adoption of eco-friendly vehicles in the form of tax concessions, rapid urbanization, growing concern for carbon emission, and low maintenance cost of electric vehicles, the market for electric two wheelers is growing. The electric bike and scooter market size is projected to grow to $13,864.0 million by 2025, increasing at a 7.3% CAGR during the forecast period (2018–2025). The domain has been segmented by product, battery type, voltage, technology, and geography. As the name suggests, the market, based on the product, is divided into scooter and motorcycle. In 2017, the scooter category dominated the market by holding the largest share in terms of value (over 95.0%). The reason for this was the easy availability of a variety of e-scooter models and their low cost. However, during the forecast period, the demand for electric motorcycles is expected to increase, thus leading to the electric scooter and motorcycle industry growth. Acros...

The  Asia automotive tire market  was valued at $61,523.4 million in 2018 and is expected to reach $109,007.4 million by 2024, witnessing a CAGR of 10.0% during 2019–2024. Categorized on vehicle type, passenger cars held the largest volume share in 2018. Furthermore, commercial vehicles are expected to witness notable growth in their sales on account of their growing usage in logistics and construction activities. This, in turn, would propel the demand for tires for light, medium, and heavy commercial vehicles, and hence boost the APAC automotive tire market. APAC holds the largest share in the global automotive industry, due to the presence of several global vehicle and automobile manufacturers. Thus, the future of the APAC automotive tire market looks promising in the region, especially with reduction in tariff, introduction of technologically advanced vehicles such as autonomous and electric vehicles, changing preferences of young consumers, increasing compliance in pr...

The global automotive air-conditioning filter market is expected to observe notable growth during 2019–2025 (forecast period) owing to the increase in production of automobiles around the world coupled with the rise in demand for efficient heating, ventilation, and air-conditioning (HVAC) systems in vehicles. In addition, increasing implementation and awareness of health and safety regulations are expected to encourage the adoption of automotive air-conditioning filters. These filters clean the air inside vehicles and also prevent pollutants, such as dust, pollen, smog, and mold spores, from entering into the cabin. On the basis of vehicle type, the market has been categorized into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). The passenger car category dominated the automotive air-conditioning filter market in 2018, owing to the substantial share of passenger cars in the total vehicle sales, globally. Passenger cars account for 80%...

The global automotive head-up display market is expected to observe significant growth during the forecast period 2019–2025, on account of the increasing demand for the advanced driver-assistance system (ADAS) in vehicles for improved driver safety and enhanced driving experience. Furthermore, the rise in adoption of autonomous and connected vehicles is expected to benefit the market for head-up displays in the near future. The automotive head-up display market has also been categorized into augmented reality and conventional technologies. Of the two, the conventional head-up display technology is expected to hold the larger market share in 2025. Furthermore, among different vehicle types, which include internal combustion engine (ICE), plug-in electric vehicle (PEV), and hybrid electric vehicle (HEV), the PEV category is expected to witness the fastest growth in the market during the forecast period. This can be mainly attributed to the growing demand and increasing government suppo...

The global automotive night vision system market is expected to witness considerable growth during the forecast period 2019–2025, on account of the increasing focus of automotive companies on the addition of advanced safety features in vehicles, rising sales of passenger cars, and ongoing research and development with respect to the night vision technology. Furthermore, the growing demand for advanced driver-assistance system (ADAS) is a major factor driving the market growth. Automotive night vision systems facilitate safe driving by improving a driver’s visibility in poor weather conditions and darkness. These systems notify the driver about probable hazards on the road, which are otherwise not clearly visible. The market demand for these systems has considerably increased in recent years owing to the road safety feature offered by the night vision technology, which has also been the focus of governments and automotive manufacturers in several countries for many years. T...

The global fuel cell vehicle market is expected to witness notable growth during 2019–2024 on account of the growing implementation of stringent emission norms with respect to vehicular pollution and the increasing government initiatives to encourage the adoption of fuel cell vehicles across the world. The growing concern over rising pollution levels is resulting in a shift from conventional fuel to green fuel technologies. Moreover, higher fuel efficiency and improved driving range associated with fuel cell technology are driving the market for these vehicles, globally. On the basis of vehicle type, the fuel cell vehicle market can be classified into passenger and commercial vehicles. Between the two, the commercial vehicles category is expected to register faster growth during the forecast period. This is because fuel cell offers greater mileage than conventional fuel, which further encourages its adoption more in long-haul commercial vehicles. Thus, fuel cell enables commercial ...

The global kick scooter market is currently in its nascent phase; however, it is expected to observe notable growth during 2019–2024 on account of the increasing demand for last-mile transportation solutions and the emergence of kick scooter sharing fleets. Megacities across the world are facing issues of pollution and congestion as a result of rapid urbanization. Nearly 45% of the traffic in the U.S. is caused by cars that are used for traveling less than three miles a day, and micromobility solutions, such as kick scooters, can help reduce this snarled-up traffic substantially. Based on battery type, the market has been categorized into lead acid and lithium-ion (li-ion) kick scooters. Between the two, li-ion kick scooters are expected to witness faster growth in demand during the forecast period. This can be majorly attributed to the advantages of li-ion batteries over lead acid batteries. Li-ion batteries offer more energy density, are compact and lightweight, and ho...

The  European automotive tire market  is likely to reach $26,327.8 million by 2024 and is expected to grow with a CAGR of 4.5% during the forecast period. The development of the automobile industry in Europe is the key contributor to the growth of the tire market in the region. Additionally, with the increasing average lifespan of vehicles due to technological advancement, the replacement market of automotive tires is expected to boost enormously, leading to the growth of the overall tire market in Europe, according to P&S Intelligence. On the basis of end use, the Europe automotive tire market has been categorized into original equipment manufacturer (OEM) and aftermarket. Between the two, the aftermarket category held larger market share, accounting for over 70% sales volume, in 2018. This is due to the fact that a tire needs to be replaced around every 50,000–80,000 km of usage. As the replacement rate of tire is much higher than the replacement rate of a vehicl...