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Business Point 2021's Blog – September 2021 Archive (3)

North American Autonomous Car Market to Record CAGR of 17.1% and Increase in Revenue by 2030

Rapid technological advancements have led to the widespread adoption of connected cars in North America. Unlike conventional passenger cars, new-age connected cars offer smartphone connectivity within the vehicle and with the world outside, traffic and collision warnings, roadside assistance, and real-time traffic monitoring. Moreover, it is easier to integrate the autonomous driving technology in connected cars as compared to conventional cars, as the former are already equipped with…

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Added by Business Point 2021 on September 24, 2021 at 7:02am — 1 Comment

Automotive Turbocharger Market – Global Forecast to 2030

Automotive turbochargers are used to improve the power output and efficiency of an internal combustion engine (ICE) because it compresses exhaust air from the engine and dispense it to the combustion chamber. At present, turbocharging has become the standard for most diesel engines and some gasoline engines. Researchers across the world are still exploring new ways to improve the designs of turbochargers for reducing the manufacturing cost and enhancing the performance of this automobile…

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Added by Business Point 2021 on September 9, 2021 at 2:59am — No Comments

Automotive Simulation Industry Revenue, Trend and Forecast to 2030

Automotive simulation is the usage of simulation software for model testing and prototyping of an automobile to ensure the complete functionality of the vehicle. In recent years, automakers have been increasingly using this software for vehicle testing because they are working on several models based on varying parameters, which need model testing before they are validated and finalized. In the coming years, advanced simulation software and related technologies will be largely used for…

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Added by Business Point 2021 on September 7, 2021 at 9:42am — No Comments

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