Go green at large as a major trend has been gaining more and more importance as a design concept for the automobile industry. The industry is at a point where the complexity, the cost of technology, market dimensions and market positioning are determ ....see more
The high voltage battery market is projected to grow at a CAGR of 38.95% from 2018 to 2025, and the market size is projected to grow from USD 8.9 billion in 2018 to USD 89.1 billion by 2025. The increasing demand for higher driving range vehicles, significant focus toward smart transportation, and advancement toward battery chemistry are expected to play a significant role in the growth of the high voltage battery market.Some of the key players in the high voltage battery market are Panasonic (Japan), BYD (China), CATL (China), LG Chem (South Korea), and Tesla (US). Panasonic (Japan) is identified as the leading player in the high voltage battery market.
The automotive simulation market is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 2.9 billion by 2025, at a CAGR of 11.1% during the forecast period. Increasing focus on R&D activities and rapid technological changes owing to the changing government norms for vehicle safety are projected to drive the automotive simulation market. The automotive simulation market is dominated by globally established players such as Ansys (US), Altair (US), Siemens PLM (US), PTC (US), and Dassault Systèmes (France). Also, Design Simulation Technologies (DST) (US), SimScale (Germany), and AnyLogic (US) provide automotive simulation solutions.
The global automotive bushing market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% from 2018 to 2025. The market is anticipated to grow due to several factors such as the growing vehicle production, shifting focus toward lightweight vehicles, and increasing demand for electric vehicles in the market.Federal-Mogul (US), Oiles Corporation (Japan), Freudenberg Group (Germany), Cooper Standard Holdings Inc. (US), ZF Friedrichshafen AG (Germany), Tenneco Inc. (US), Continental AG (Germany), CRRC Corporation Limited (China), and Benara Udyog Limited (India).
The global hub motor market is projected to grow at a CAGR of 5.03% during the forecast period to reach USD 11.17 billion by 2025 from an estimated USD 7.92 billion in 2018. Hub motor improves the performance of electric vehicles. Hub motor helps supply torque to its associated tire and generates more power to improve the efficiency of a vehicle. The other benefits of hub motor technology is that it provides a pleasant and an effortless ride, e.g. in case of bicycles when a rider does not feel like pedaling. The major hub motor market players are QS Motor (China), Schaeffler Technologies (Germany), Michelin (France), Jiashan Neopower International Trade (China), and Elaphe (Slovenia).
The global exhaust heat recovery system market, in terms of value, is expected to grow at a CAGR of 10.38% during the forecast period. It is estimated to be USD 32.54 billion in 2018 and is projected to reach USD 64.94 billion by 2025. The existing and upcoming stringent emission norms are driving the exhaust heat recovery system market. In addition to the above factors, the increasing production of commercial vehicles could be the potential market for EHRS technologies particularly for future technologies such as ORC and TEG. Even future technology like ORC is expected to get commercialized for commercial vehicles first. These factors are driving the EHRS market. The exhaust heat recovery system market for automotive is dominated by a few globally established players such as BorgWarner (US), Continental (Germany), Faurecia (France), Denso (Japan), and MAHLE (Germany)
The overhead catenary system market is estimated to be USD 25.53 billion in 2018 and is projected to reach USD 46.94 billion by 2025, at a CAGR of 9.09% from 2018 to 2025. The overhead catenary system market for electrified track length in operation is projected to grow at a CAGR of 6.55% during the forecast period, from an estimated market size of 232.6 thousand miles in 2018 to 326.7 thousand miles by 2025. The key growth factors for the market are the expansion of high-speed rail network and electrified rail tracks for urban rail transit. The key players in the overhead catenary system market are CRRC (China), Alstom (France), Siemens (Germany), Bombardier (Canada), and NKT (Denmark).
The torque vectoring market for automotive is primarily driven by the increased demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway vehicles). The torque vectoring market for automotive is projected to grow at a CAGR of 20.01% from 2018 to 2025. From a market size of USD 5.22 billion in 2018, it is projected to reach a market size of USD 18.70 billion by 2025. The important factors driving the growth of this market include the increase in awareness about enhanced safety and vehicle dynamics. Europe region is projected to be the largest torque vectoring market for automotive because of the presence of many developed countries such as Germany, the UK, France, and Spain, which account for a considerable share of the European automotive industry. The market is dominated by established OEMs such as BMW AG (Germany), Daimler AG (Germany), Fiat (Italy), PSA/Peugeot-Citroen (France), and the Volkswagen Group (Germany).
The value of the automotive battery sensor market is estimated to be USD 2.35 billion in 2018 and is projected to reach USD 4.92 billion by 2025, at a CAGR of 11.09% from 2018 to 2025. The key growth drivers of the market are increasing vehicle production, high demand for fuel-efficient vehicles, stringent emission regulations, and increasing demand for luxury and commercial vehicles. The key manufacturers operating in the market are HELLA (Germany), Continental (Germany), Bosch (Germany), Furukawa Electric (Japan), NXP (Netherlands), Vishay (US), Texas Instrument (US), Denso (Japan), ams AG (Austria), Inomatic (Germany), and TE Connectivity (Switzerland).
The automotive acoustic engineering services market is projected to reach USD 4.04 billion by 2025 from USD 2.45 billion in 2018, at a CAGR of 7.42% during the forecast period. Increasing demand for optimum acoustical performance in passenger cars and SUV/MPV segments and rising sales of premium vehicles equipped with luxury & comfort features are expected to drive the automotive acoustic engineering services market during the forecast period.Some of the key players in the automotive engineering services market are AVL (Austria), Siemens PLM (US), Bertrandt (Germany), EDAG Engineering (Germany), Schaeffler (Germany), FEV (Germany), Continental (Germany), IAV (Germany), and Autoneum (Switzerland). AVL adopted collaboration as a key strategy to retain its market
The electric vehicle range extender market is estimated to be 218,129 units in 2018 and is projected to reach 479,027 units by 2025, at a CAGR of 11.89% during the forecast period. Increasing demand for driving range extension of electric vehicles is the key factor driving the electric vehicle range extender market.OEMs such as BMW (Germany), General Motors (US), BYD (China), JAC (China), and Nissan (Japan) are currently offering ICE range extender electric vehicles.
The aerodynamic market for automotive is projected to grow at a CAGR of 4.77% from 2018 to 2025. The market is estimated to be USD 23.65 billion in 2018 and is projected to reach USD 32.77 billion by 2025. The key growth drivers of this market are the flourishing demand for faster and sophisticated vehicles, better mileage, weight reduction, and increased stability of the vehicles. The report covers all the major players in the aerodynamic market for automotive, including established players such as Magna (Canada), Roechling Automotive (Germany), Plastic Omnium (France), SMP Deutschland GmbH (Germany), and Valeo (France).
The automotive power distribution block market is projected to grow at a CAGR of 4.15% from 2018 to 2025. The automotive power distribution block market is estimated to be USD 6.47 billion in 2018 and is projected to reach USD 8.60 billion by 2025. The market growth can be attributed to the increasing adoption of vehicle electronic functions that require a reliable, flexible, robust, and efficient power distribution system. The report covers all the major players in the automotive power distribution block market including Eaton (Ireland), Lear (US), Sumitomo Electric (Japan), TE Connectivity (Switzerland), Yazaki (Japan), and Littelfuse (US).
The truck platooning market is projected to grow at a CAGR of 60.96% from 2021 to 2030, and the market size is projected to grow from USD 37.6 million in 2021 to USD 2,728.7 million by 2030. The increasing government regulations for vehicle safety, growing adoption of advanced driver assistance systems (ADAS), and significant testing of on-highway platooning are expected to play a significant role in the growth of the truck platooning market. The companies profiled in the report include Volvo (Sweden), Daimler (Germany), Scania (Sweden), Continental AG (Germany), Bosch (Germany), Intel (US), NVIDIA (US), Peloton (US), Omnitracs (US), and others.
The OE diesel particulate filter market is projected to grow at a CAGR of 11.29% during the forecast period. From an estimated market size of USD 10.55 billion in 2018, it is projected to reach a market size of USD 24.81 billion by 2025. The DPF aftermarket is projected to grow at a CAGR of 3.89% during the forecast period, from an estimated market size of USD 15.18 billion in 2018 to USD 20.59 billion by 2025. This growth can be attributed to the increasing stringency of emission regulations. The diesel particulate filter market consists of manufacturers such as Faurecia (France), Tenneco (US), Eberspaecher (Germany), BASF (Germany), Johnson Matthey (UK), Continental (Germany), Bosal (Belgium), Denso (Japan), Friedrich Boysen (Germany), and NGK Insulators (Japan).
The automotive specialty coatings market is estimated to be USD 3.02 billion in 2018 and is projected to reach USD 3.75 billion by 2025, at a CAGR of 3.12%, from 2018 to 2025. The growing vehicle production, increasing application of coatings, and the increasing adoption rate of AMTs are projected to drive the automotive specialty coatings industry and the advancements in the coating technology. The automotive specialty coatings market consists of manufacturers such as PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Kansai (Japan), Covestro (Germany), Solvay (Belgium), DOW Chemical (US), Nippon Paint (Japan), and KCC (South Korea).
The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to reach a market size of USD 2,286.9 million by 2025, growing at a CAGR of 16.34% during the forecast period. The key growth drivers for the market are the increasing public awareness related to healthcare and environmental effects of air pollution and rapid urbanization and industrialization. The key players in the automotive air purifier market are Panasonic (Japan), Denso (Japan) Bosch (Germany), 3M (US), Mahle (Germany), Mann+Hummel (Germany), Sharp (Japan), Honeywell (US), Koninklijke Philips (Netherlands), Eureka Forbes (India), Xiaomi (China), and others.
The cargo handling equipment market is projected to reach USD 28.02 billion by 2025 from an estimated USD 21.85 billion in 2018, at a CAGR of 3.61% during the forecast period. The efforts toward cargo equipment automation, rising demand for electric and hybrid equipment to achieve lower emissions and fuel consumption, and increased demand in the Asia Pacific region are expected to drive the market for cargo handling equipment during the forecast period. The prominent players in the cargo handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), Mitsubishi (Japan), Toyota Industries (Japan), Kion group (Germany), Macgregor (Finland), JBT corporation (US), Terex (US) and Anhui Heli (China)
The global automotive communication technology market is estimated to be USD 6.78 billion in 2018 and is projected to grow at a CAGR of 16.7% during the forecast period, to reach USD 19.99 billion by 2025. Some of the major growth drivers for the market are the growing number of electronic systems in passenger cars, government mandates, and industry norms to reduce emissions and improve the safety of vehicles. The rise in sales of premium vehicles and the emergence of autonomous vehicles can create new revenue-generation opportunities for automotive communication technology providers. However, an increase in cybersecurity threats for connected vehicles can pose a challenge for automotive communication technology providers. The automotive communication technology market is dominated by a few globally established players, such as Robert Bosch (Germany), Toshiba (Japan), Broadcom (US), Texas Instruments (US), and NXP (Netherlands).
The global automotive fastener market is projected to grow from an estimated USD 21.45 Billion in 2018 to USD 25.30 Billion by 2025, at a CAGR of 2.39% from 2018 to 2025. The market is anticipated to grow owing to various reasons such as the growing vehicle production, shifting focus toward lightweight vehicles, and the increasing use of electronics in vehicles. Moreover, manufacturers are also shifting from standard fasteners to customized fasteners, and this new development will also drive the automotive fastener market. The study covers all the major players in the automotive fastener market, including established players such as Bulten AB (Sweden), KAMAX (Germany), Sundram Fasteners (India), Stanley Black & Decker (US), Shanghai Prime Machinery Company (China), SFS Group (Switzerland), and Lisi Group (France). These companies collectively account for a major share of the automotive fastener market. The report also comprises a few other players such as Meidoh Co. (Japan), Nipman Fasteners (India), Piolax (US), Westfield Fasteners (UK), Fontana Gruppo (Italy), Bollhoff (Germany), Nedshroef (Netherlands), Nifco Group (Japan), Boltun Corporation (Taiwan), Chanshu City Standard Parts (China), Wurth Group (Germany), and Simmonds Marshall (India)
The automotive gearbox market is projected to grow at a CAGR of 4.24% from 2018 to 2025. The market for automotive gearbox is estimated to be USD 103.55 Billion in 2018 and is projected to reach USD 138.52 Billion by 2025. The increasing preference for enhanced driving experience and smooth gear shifting is driving the growth of the automotive gearbox market. The report covers all the major players in the automotive gearbox market, including ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), and BorgWarner (US).
The automotive engine encapsulation market is projected to grow at a CAGR of 6.13% from 2018 to 2025. The market for automotive engine encapsulation is estimated to be USD 4.16 Billion in 2018 and is projected to reach USD 6.30 Billion by 2025. The key growth drivers of this market are the growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient and aerodynamically efficient vehicles. The report covers all the major players in the automotive engine encapsulation market, including established players such as Autoneum (Switzerland), Continental (Germany), Roechling (Germany), ElringKlinger (Germany), Greiner (Austria), Furukawa Electric (Japan), Woco (Germany), Adler Pelzer (Germany), SA Automotive (US), Hennecke (Germany), and a few globally established suppliers, such as BASF (Germany), 3M (Germany), Saint-Gobain (France), Polytec (Austria), Evonik (Germany), Carcoustics (Germany), Uniproducts (India), and UGN (US).
The hydrostatic fan drive system market for automotive is projected to grow at a CAGR of 6.80% from 2018 to 2025. The market for automotive hydrostatic fan drive systems is estimated to be USD 144.8 Million in 2018 and is projected to reach USD 229.6 Million by 2025. The key growth drivers of this market are the growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles and the increasingly stringent emission regulations that have accentuated the demand for a fuel-efficient engine cooling system. The report covers all the major players in the automotive hydrostatic fan drive system market, including established players such as Eaton (Ireland), Parker Hannifin (US), JTEKT (Japan), Bosch (Germany), and Danfoss (Denmark). The report also comprises a few other players such as Concentric (Sweden), Bucher Hydraulics (Germany), Hawe Hydraulik (Germany), Walvoil (Italy), Bondioli & Pavesi (Italy), Enovation Controls (US), Hydac International (Germany), Casappa (Italy), Hydrosila Group (Ukraine), Axiomatic Technologies (Canada), Avid Impex (India), Quality Hydraulics & Pneumatics (US), and Hydraforce Hydraulics (US).
The automotive wheel market is projected to grow at a CAGR of 5.52% from 2017 to 2025. The market for automotive wheels is estimated to be USD 32.87 Billion in 2017 and is projected to reach USD 50.54 Billion by 2025. The key growth drivers of this market are the improved vehicle dynamics with an increase in the use of lightweight materials and growing vehicle production. The report covers all the major players in the automotive wheel market, including Iochpe-Maxion (Brazil), Superior Industries International (US), Accuride Corporation (US), Steel Strips Wheels (India), Hitachi Metals (Japan), Enkei (Japan), Citic Dicastal (China), Zhejiang Wanfeng Auto Wheel (China), Borbet (Germany), Mangels Industrial (Brazil), and Mefro Wheels (Germany).
The global automotive terminal market is estimated to be USD 12.64 Billion in 2017 and is projected to grow at a CAGR of 10.03% during the forecast period, to reach USD 27.14 Billion by 2025. Some of the major growth drivers for the market are the increasing demand for automotive safety systems supported by government mandates and increasing number of electrical systems in the vehicle. The evolution of connected, autonomous, and semi-autonomous vehicles, as well as energy-efficient E-mobility, can create new revenue generation opportunities for automotive terminal manufacturers. However, design issues with high voltage terminals and long-term reliability of battery terminals can pose a challenge for automotive terminal manufacturers. The automotive terminal market is dominated by a few globally established players such as TE Connectivity (Switzerland), Delphi (UK), Furukawa Electric (Japan), and PKC Group (Finland).
The convertible roof system market is projected to grow at a CAGR of 6.77%, during the forecast period, and is projected to reach USD 2.11 Billion by 2025 from USD 1.33 Billion in 2018. The growth of the global market can be attributed to the growing demand for premium vehicles. Additionally, advances in material technology and increasing consumer preference for convertible roof systems in developing nations are further boosting the convertible roof system globally.The convertible roof system market is dominated by a few global players. Some of the key manufacturers operating in the market are Webasto (US), Magna International (Canada), and Valmet Automotive (Finland).
The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to grow to USD 169.46 Billion by 2025, at a CAGR of 9.36% during the forecast period. The increasing demand for a safe, efficient, and convenient driving experience and stringent safety regulations across the globe are driving the market for automotive safety system. The report analyzes all major tier I suppliers in the global market. Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK) are some of the leading suppliers in the automotive safety system market.
The train lighting market was valued at USD 330.8 Million in 2017 and is projected to reach USD 370.8 Million by 2025, growing at a CAGR of 1.44% during the forecast period. This growth can be attributed to the increasing demand for comfort & luxury features in rolling stock interiors; government mandates for lighting applications; and increase in different railway projects such as metro train, high-speed train, and refurbished train. The key companies profiled in the study are Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland).
The supercharger market for automotive is projected to grow at a CAGR of 5.27% from 2017 to 2025. The market for automotive superchargers is estimated to be USD 7.26 Billion in 2017 and is projected to reach USD 10.95 Billion by 2025. The key growth drivers of this market are the global measures by OEMs in the direction of engine downsizing, increased demand for high-end vehicles, and increasing norms on fuel efficiency.Some of the key market players are Honeywell (US), Eaton (Ireland), Valeo (France), Mitsubishi Heavy Industries (Japan), and Federal-Mogul (US).
The Electronic Control Unit (ECU) market for automotive is projected to grow at a CAGR of 6.01% from 2017 to 2025. The market for automotive ECUs is estimated to be USD 60.45 Billion in 2017 and is projected to reach USD 96.39 Billion by 2025. The key growth drivers of this market are the increased incorporation of advanced safety, convenience, and comfort systems in vehicles and the increase in demand for hybrid electric vehicles (HEV) and battery electric vehicles (BEV). The report covers all the major players in the automotive ECU market, including Robert Bosch (Germany), Continental (Germany), Aptiv (UK), Denso (Japan), Autoliv (Sweden), Mitsubishi Electric (Japan), ZF (Germany), Hitachi (Japan), and Magneti Marelli (Italy).
The bullet train/high-speed rail market, in terms of volume, is projected to grow at a CAGR of 5.54% from 2018 to 2025. The market was valued at 3,261 Units in 2017 and is projected to reach 5,287 Units by 2025. In this study, 2017 has been considered the base year, and 2018–2025 is the forecast period, for estimating the market size of the bullet train/high-speed rail market. The key players in the bullet train/high-speed rail market include Bombardier (Canada), Alstom (France), Siemens (Germany), Hitachi (Japan), ABB (Switzerland), Talgo (Spain), CAF (Spain), Kawasaki (Japan), Toshiba (Japan), CRRC (China), and Mitsubishi (Japan).
The container handling equipment market is projected to reach USD 8.75 Billion by 2025, from an estimated USD 6.28 Billion in 2017, at a CAGR of 4.24%, during the forecast period. The shifting focus to port terminal automation, rising demand for electric and hybrid equipment for lower emissions and fuel consumption, and increased demand in Asia Pacific are expected to drive the market for container handling equipment during the forecast period. Some of the prominent players in the container handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), and Hoist Liftruck (US).
The global automotive hydraulics system market is estimated to be USD 30.57 Billion in 2016 and is projected to grow at a CAGR of 6.04% from 2017 to reach USD 51.37 Billion by 2025. In this study, 2016 has been considered the base year, and 2017–2025 the forecast period, for estimating the size of the automotive hydraulics system market. The automotive hydraulics system market is dominated by a few globally established players, such as Aisin Seiki (Japan), Robert Bosch (Germany), ZF (Germany), BorgWarner (US), JTEKT (Japan).
The automotive upholstery market is estimated to be USD 4.65 Billion in 2017 and is projected to grow at a CAGR of 6.59% from 2017 to 2025, to reach a market size of USD 7.74 Billion by 2025. The key drivers for the market are the increasing demand for advanced automotive technologies and automotive interiors, rising focus on lightweight automotive materials, and the development of a varied non-fabric substitutes for automotive upholstery. The automotive upholstery market is dominated by a few global application suppliers and comprises several regional players. Some of the key players operating in the market are Lear Corporation (US), Adient PLC (Ireland), Toyota Boshoku (Japan), and Faurecia S.A. (France).
The automotive temperature sensor market is valued at USD 7.21 Billion in 2016 and is projected to grow at a CAGR of 5.58% during the forecast period, to reach USD 11.89 Billion by 2025. The report profiles the major players in the temperature sensor market. The key players in this market are Robert Bosch (Germany), Continental (Germany), Panasonic (Japan), Delphi (UK), TDK Corporation (Japan), Sensata (US), Texas Instruments (US), NXP (Netherlands), Analog Devices (US), and Microchip (US) among others.
The driveline market will be driven by increasing sales of EV and HEV, which is, in turn, driven by the need to keep vehicle emissions to the minimum. The driveline market for electric and hybrid vehicles was valued at USD 16.09 Billion in 2016 and is projected to reach USD 63.32 Billion by 2025, at a CAGR of 16.92% during the forecast period. The key market players are as ZF (Germany), Schaeffler (Germany), GKN (UK), BorgWarner (US), Robert Bosch (Germany). Other players covers in the report are Hitachi (Japan), Continental (Germany), Delphi (UK), Denso (Japan), and Valeo (France).
Increasing demand for special application trucks with high engine power requirement and increasing focus toward fuel economy standards have triggered the growth of the high-performance trucks market. Also, increase in demand for long-haul trucks for efficient transportation of goods has also boosted the demand for high-performance trucks globally. The high-performance trucks market, by volume, had a market size of 1.7 Million units in 2016 and is projected to reach 2.5 Million units by 2025, at a CAGR of 4.06% during the forecast period. The Tier-I suppliers profiled in the report include Cummins (US), ZF (Germany), Allison (US), and Eaton (Ireland). These systems and components are supplied to automotive OEMs such as Volvo (Sweden), Daimler (Germany), Scania (Sweden), Ford (US), GMC (US), and others.
The digital instrument cluster market is projected to grow at a CAGR of 19.15% during the forecast period and is estimated to grow from USD 1.62 Billion in 2017 to USD 6.60 Billion by 2025. The key factors driving the digital instrument cluster market are the increasing demand for luxury vehicles and electric vehicles, growing demand for advanced cluster technology by OEMs, and intense competition between manufacturers. The digital instrument cluster market is dominated by a few global players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Visteon (US), Delphi (UK), Denso (Japan), NVIDIA (US), Nippon Seiki (Japan), Panasonic (Japan), Magneti Marelli (Italy), and IAC Group (Luxembourg) to name a few.
The PCB market for automotive is projected to grow at a CAGR of 5.33% from 2017 to 2025. The market for automotive PCBs is estimated to be USD 8.21 Billion in 2017 and is projected to reach to USD 12.43 Billion by 2025.Some of the key market players are CMK (Japan), Chin Poon Industrial (Taiwan), Meiko Electronics (Japan), Nippon Mektron (Japan), and KCE Electronics (Thailand).
Growing demand for improved vehicle performance, increase in fuel efficiency, and the need to minimize vehicle emissions have triggered the growth of the cleaner & degreaser aftermarket. The cleaner & degreaser aftermarket is valued at USD 37.41 Billion in 2016 and is projected to grow at a CAGR of 1.91% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2025. The key manufacturers and suppliers profiled in the report include BASF (Germany), 3M (US), WD-40 (US), Dow Chemical (US), FUCHS (Germany), Wurth (Germany), Zep (US), Penray (US), Radiator (US), and ABRO (US).
The global automotive chassis market is estimated to be USD 50.78 Billion in 2017 and is projected to grow at a CAGR of 5.59% to reach USD 78.44 Billion by 2025. The growth of this market is fueled by growing vehicle production, increasing global demand for LCVs due to industrialization, and the increasing demand for crash safety. The automotive chassis market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), Benteler (Germany), Magna (Canada), and Aisin Seiki (Japan)
The voice recognition system market for automotive is estimated to be USD 941.0 Million in 2017 and is projected to reach USD 3,890.3 Million by 2025, at a CAGR of 19.41% from 2017 to 2025. The key growth drivers for the market are the rising trend of autonomous vehicles, integration of several electronics functions in central console of the car by OEMs, and growing demand for connected vehicles. The key players in the voice recognition system market for automotive include Nuance (US), Microsoft (US), Alphabet (US), Apple (US), Harman (US), Sensory (US), VoiceBox (US), LumenVox (US), iNAGO (Japan), and VocalZoom (Israel).
The transfer case market is estimated to grow from USD 9.79 Billion in 2017 to USD 20.33 Billion by 2025, at a CAGR of 9.56% during the forecast period. The transfer case market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are BorgWarner (US), Magna (Canada), GKN (UK), ZF (Germany), Aisin Seiki (Japan), Dana (US), American Axle & Manufacturing (US), JTEKT (Japan), Schaeffler (Germany), and Meritor (US).
The transmission repair market is projected to grow at a CAGR of 3.25% during the forecast period, from USD 199.16 Billion in 2017 to USD 233.70 Billion by 2022. Rising demand for commercial vehicles, larger vehicle parc, increasing vehicle sales, and the increasing average vehicle miles traveled every year have fueled the growth of the transmission repair market globally. The report covers all the major players in the transmission repair market that include companies such as Allison (US), ZF (Germany), BorgWarner (US), Schaeffler (Germany), and Continental AG (Germany) among others.
The tappet market for automotive is valued at USD 6.90 Billion in 2016 and is projected to reach USD 10.11 Billion by 2025, growing at a CAGR of 3.36% during the forecast period. The base year for the report is 2016 and the forecast period is 2017 to 2025. The report covers all the major players in the tappet market for automotive including Schaeffler (Germany), SKF (Sweden), Eaton (Ireland), Federal-Mogul (US), and NSK (Japan).
The automotive pressure sensors market is valued at USD 3.68 Billion in 2016 and is projected to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 Billion by 2025. The report profiles the most promising players in the pressure sensors market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon. The key players in this market are Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), Delphi (UK), Texas Instruments (US), NXP (Netherlands), Analog Device (US), Melexis (Belgium), General Electric (US), and TE Connectivity (Switzerland).
The automotive fuel injection pump market is projected to grow at a CAGR of 7.8% from USD 20.91 Billion in 2017, to reach USD 38.20 Billion by 2025. The increasing demand for higher fuel efficiency and stringent emission regulations by several governments have forced manufacturers to adopt advanced technologies related to the engine. The factors such as increase in usage of alternative fuel such as ethanol and the increasing trend of engine downsizing are driving the market of automotive fuel injection pump. The automotive fuel injection pump market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), and Denso (Japan).
The timing belt market is estimated to be USD 5.90 Billion in 2016 and is projected to grow at a CAGR of 5.21% from 2017 to 2025. Increase in vehicle production and rising adoption of direct injection is driving the growth of the timing belt market. In this study, 2016 has been considered the base year, and 2017 to 2025 the forecast period, for estimating the size of the timing belt market. The timing belt market is dominated by a few global players. Some of the key players in the timing belt market are Continental (Germany), SKF (Sweden), BorgWarner (US), Tsubakimoto Chain (Japan), and others.
The global automotive windshield market is estimated to be USD 14.27 Billion in 2017 and is projected to grow at a CAGR of 6.28% to reach USD 23.24 Billion by the end of 2025. Some of the major drivers identified are the growing vehicle production and the increasing use of windshield for the latest display technologies. The growth of the global automotive industry is expected to fuel the growth of the automotive windshield market. The automotive windshield market is dominated by a few globally established players, such as Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Nippon Sheet Glass (Japan), and Central Glass (Japan).
The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and expected to reach USD 9.88 Billion by 2025. The market is driven by the increasing sale of automatics, increasing demand for continuously variable transmission and the rising demand for luxury vehicles. The major companies in the market are profiled in the study. These include Schaeffler (Germany), ZF Friedrichshafen(Germany), Aisin (Japan), Valeo S.A. (France), KAPEC (South Korea), Transtar (US), EXEDY (Japan), Yutaka Giken(Japan), BorgWarner Inc. (US) and Sonnax Industries (US)
The auto dimming mirror market was estimated to be USD 1.64 Billion in 2016 and is projected to grow at a CAGR of 3.20% during the forecast period. The base year for the report is 2016 and the forecast period is 2017–2025. The market is primarily driven by the increasing awareness about vehicle and passenger safety. The market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Magna (Canada), Samvardhana Motherson Reflectec (Germany), Ficosa (Spain), Gentex (US), and Murakami (Japan).