Future-Industry

Market Synopsis Market Research Future (MRFR), in its latest report on the  global high-performance trucks market  2022, reveals drivers and restraints of the market. Along with the report, detail analysis of the influence of COVID 19 pandemic outbreak by MRFR is provided. As per MRFR study, the high-performance trucks global market is expected to thrive at about 4% CAGR across the review period. The increase in the utility of a high-performance trucks and high-performance traction system can boost the expansion of the market. The affordability of intelligent electric control systems and powerful motors used in high-performance trucks can promote the expansion of the market across the study period. The high-performance truck market can also be driven by high investment made by buyers in the customization and upgradation of trucks. Other crucial factors that can promote expansion of the global high-performance truck market are; the introduction of rigorous emission norms by gov...

Market Highlights The market of automotive temperature sensor is expected to grow at 6 % CAGR during the forecast period. The  automotive temperature sensor  is used to detect the vehicle parameters under different operating conditions. The temperature sensor is mounted on engine, battery, exhaust pipe and air duct to measure temperature gradient. In the current technology-driven automotive industry, temperature sensors are manufactured with low-cost heat resistant materials to withstand high-temperature range. The robustness and accuracy of temperature sensors will adapt to measure all the parameters of engine, powertrain and battery management system. The factors that are responsible for the growth of automotive temperature sensor market during the forecast period are growing automotive industry with fuel efficient technologies, increase in demand for engine control management system and changing regulatory norms by the government. Manufacturers are developing new detecting ...

Market Summary - The global market for  smart fleet management  has been witnessing significant growth in recent times. The growing vehicle production, across the globe can be attributed as a key driver for the market. Smart fleet management is a system through which operators keep track of variable factors such as fuel consumption, maintenance and route management. Smart fleet management systems provide a dedicated server for fleet data and security in a single system, which enable operators to analyze and make informed and cost effective decisions or enhance safety. In addition, stringent regulatory norms, especially in Europe, have fueled the growth of the market. Reduction in transportation cost and operating cost, has come forth as a major trend in the automotive industry, which is an encouraging factor for the players in the smart fleet management market.   Taste the market data and market information presented through more than 40 market data tables and figures spr...

Market Synopsis he  Global Gasoline Direct Injection (GDI )  is presumed to register a significant CAGR during the forecast period (2016-2023) owing to the growing demand for high fuel efficiency, asserts Market Research Future (MRFR). Gasoline direct injection is a fuel injection system where high pressurized gasoline is injected into the combustion chamber of each chamber that injects fuel to the intake tract. Incorporating of GDI systems leads to ultra-lean-burn of fuel which further results in increased power and better fuel efficiency. Drivers and Constraints Impacting the Market With the increasing production of vehicles across the globe, the gasoline direct injection market is estimated to foster during the review period. The growing demand for high fuel efficiency, rising implementation of environmental regulations, strict government mandates, and adoption of advanced automotive technologies are some of the major factors contributing to the growth of the market. Moreov...

  Market Highlights: The global  automotive electronic control unit market  is very dynamic and is expected to witness significant growth over the forecast period. The automotive electronic control unit is one of the most crucial vehicle parts that have been gaining a lot of attention among the major vehicle manufacturers. The automotive industry has become one of the major revenue-generating industries and has come up with several technological advancements in the last few years. The automotive electronic control unit is one of them. The global automotive electronic control unit market has witnessed remarkable growth in the global market and is expected to grow at CAGR of ~6.1% during the forecast period. The automotive electronic control unit performs an integral function within the engine as well as it enhances its efficiency to enable a smooth run of vehicle. The automotive electronic control unit majorly consists of components such as engine control unit, brake contr...

Market Highlights: The  electric vehicle (EV) charging station market   will witness healthy growth by the Forecast Period, a research report suggests. Growing at a CAGR of 41.79%, the market is projected to reach a higher growth level by the Forecast Period. Government funding for developing charging stations is expected to support the market growth along with the overall cost of charging infrastructure. As predicted by analysts, slow production will negatively affect the market’s performance from 2017 to 2025. During the forecast period, the market will be supported by the planning and development of charging stations and increasing numbers of electric vehicles on the road. The lack of production on the other hand will challenge electric recharging point sector-based organizations functioning in the global electric vehicle (EV) charging station market. Analysts have split the market into connector type, installation type, vehicle type, and charging station segments based on ...

Automotive Turbocharger Global Market – Overview The global  Automotive Turbocharger Market  size is estimated to show a huge expansion in the coming years due to the growth that is expected at a valuation of USD 24,223.3 million at a CAGR of 7.97%. This market growth is estimated based on the sudden increase in the global automotive industry and the strict regulations imposed on the emission of vehicles. The automotive turbocharger is a turbine, which is driven by the energy of exhaust gas generated by the internal combustion engine. Typically, a turbocharger consists of two parts and they are a turbine and a compressor, which run parallel with the help of a shared shaft. A turbocharger improves the fuel efficiency of the engine by pushing more clean air in the engines to burn fuel and deliver greater power. According to a recent study report published by the Market Research Future, The global market of automotive turbocharger is booming and expected to gain prominence over t...

  Market Highlights: The Global  Automotive Fog Lights Market  Revenue is forecast to reach USD 3,928.5 million in 2023 with a CAGR of 6.92% during the forecast period. Since 2008, the world has entered into a new era with about half of the population living in cities. This improved lifestyle had led to increase in urbanization, which has resulted in the development of a set of paradigms for both personal and commercial transportation. The increase in urbanization will lead to an increase in use of passenger and commercial vehicles, due to which there will be growth in the automotive fog lights market. China is one of the most densely populated urban centre. The automotive market of China has experienced increased growth, which will drive automotive technology. Market Research Future Analysis: On the vehicle type, the market is bifurcated as passenger car, light commercial vehicle and heavy commercial vehicle. Passenger car segment expected to witness highest growth in gl...

  Market Highlights Acoustic Vehicle Alerting Systems Market , Projected to Witness 12% CAGR by Forecast Period. Vehicles powered by electric motors are generally quieter than conventional internal combustion engine (ICE) vehicles. Quiet vehicles entail quiet vehicles entail risks not to be acoustically detected by surrounding pedestrians and cyclists in the lower speed range, which raises the risk of accidents. With the introduction of acoustic vehicle alerting systems, not only the exterior noise but also the perceived interior noise for an enhanced driving experience can be considered. The methodology of AVAS is to provide different sound design approaches for electric vehicles. The global market for acoustic vehicle alerting systems was valued at about USD 33 Million in 2017 and is estimated to be more than USD 214 Million by the end of the assessment period.    The global acoustic vehicle alerting systems market is primarily driven by factors such as government regul...