Market Overview
One of the most vital components in a car is the automotive leaf spring. The leaf springs are found between the wheels and the vehicle's body. The wheel raises and diverts the spring since it runs over a bump, retaining the energy within the spring. Because of the spring's elasticity, it rebounds when released, amplifying the stored energy.
The global need for autos is propelling the leaf spring industry forward. Leaf springs are typically found in light, medium, and…
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Added by Devanand Patil on September 13, 2022 at 12:58am —
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Market Overview
The global Head-up display market Size is expected to grow at a CAGR of 17.7% from 2022 to 2028. The total Head-up display market Value is expected to reach USD 3.31 billion by the end of 2028. The report is prepared for the forecast period 2022-2028.
Automotive Head-up displays are new additions to the ADAS (advanced driver aid systems). The HUDs help drivers in safe driving as drivers can see warning signals, speed, and other navigation information on the windshield.…
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Added by Devanand Patil on September 13, 2022 at 12:48am —
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The gear is a part of a rotating machine fitted with cogs or cut teeth that can be meshed with an additional toothed part. Geared devices can change the torque, speed, and direction of the power source. Such systems create a mechanical advantage via the gear ratio by producing an alteration in the torque. Two or more meshing gears operating in a specific series are known as the gear transmission. Instead of rotation, a gear can produce transmission by meshing with a rack or a linear toothed…
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Added by Devanand Patil on September 13, 2022 at 12:41am —
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Market Overview
Automotive garage equipment market Size throughout the historic forecast period, which concluded in 2019, the market size topped USD 6.1 billion, and it is expected to increase at a CAGR of 4.22 percent between 2021 and 2027.
Furthermore, the number of new development projects in both the residential sector and commercial sectors has increased rapidly, with expanding industrialization and urbanization supporting industry growth. As a result, the market is expected to…
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Added by Devanand Patil on September 13, 2022 at 12:22am —
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Market Overview:
The automotive fuel filter market is predicted to develop as vehicle emissions and fuel economy requirements become more stringent. By 2020, the global market for vehicle oil and gasoline filters is expected to reach $1,006.4 million. Diesel oil and fuel filters are expected to dominate the oil and fuel filter aftermarket, with a larger CAGR than gasoline oil and fuel filters. The short service life of diesel filters compared to gasoline filters is the fundamental…
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Added by Devanand Patil on September 13, 2022 at 12:14am —
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Market Dynamics
Market Research Future (MRFR)’s new research report suggests that the automotive data logger market 2020 can record a significant growth rate of 7.2% from 2017 to 2023 (appraisal period). The market is also presumed to touch a valuation of USD 4.75 Bn by 2023-end. We will provide COVID-19 impact analysis with the report.
COVID-19 Analysis
An impact analysis on COVID-19 by MRFR reveals that there has been a significant drop in vehicle sales in the first few months…
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Added by Devanand Patil on September 12, 2022 at 11:59pm —
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Market Overview
The fleet management system uses vehicle tracking, financing, diagnostics, and driver management technology. The automotive organizations are highly inclined toward the Fleet management to meet the transportation demands along with staffing, vehicle operations, cost of staffing, etc. The system further reduces the risks involved in unprofessional ethics. These factors are driving the Fleet Management Industry at the global level.
The rise in demand and inclination…
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Added by Devanand Patil on September 12, 2022 at 2:14am —
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Food storage container solutions are used by hospitality and travel & tourism sector to serve hunger needs of customers. Inclination towards processed foods as well as lack of time in cities can drive its demand significantly. MRFR’s report on the food storage container market outlines drivers and opportunities for the forecast period (2020-2027). The sudden outbreak of the COVID-19 pandemic and its cascading effects on the industry are explored below.
Market Scope
The global food…
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Added by Devanand Patil on September 12, 2022 at 2:08am —
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Market Overview
After using data from primary as well as secondary sources, market analysts have predicted that the Light Commercial Vehicles Market Value is going to reach USD 794.86 billion during the forecast period 2021-2030. The estimated growth rate during the forecast period is a CAGR of 5.67%.
In today's world, every automobile market whether it is a car or bike or scooter or man-powered bicycle is being powered by electricity. As the price of fossil fuels is increasing day by…
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Added by Devanand Patil on September 12, 2022 at 1:54am —
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Overview
The locomotive market is anticipated to grow by US$5 billion by 2025 rapidly growing at a CAGR of 3.5% during the forecast period. The global locomotive market is driven by improving economies of developing countries as well as growing mining activities. These factors have helped shape the locomotive market and are expected to boost the growth. Companies in the locomotive market could also face challenges such as high initial investments and risk concerns. The details covered in…
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Added by Devanand Patil on September 12, 2022 at 1:46am —
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Market Overview
Low-speed vehicles are in higher demand among consumers. People prefer small size and lower-weight vehicles for regular usage.
These vehicles generally move at 20-25mph speed. These are battery-driven with minimal emissions. Therefore, the Low-speed Vehicle Market is facing huge demand globally.
The rise in concern for the environment and its awareness due to the increased rate of pollution is driving the market. This factor lets the consumer for eco-friendly…
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Added by Devanand Patil on September 12, 2022 at 1:40am —
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Market overview
The Off the Road Tire Market is anticipated to hold a cagr of 4.92% between 2021 and 2025. The Off the Road Tires are a type of tyres. It uses a deep tread to provide enhanced friction on surfaces such as gravel, mud, loose dirt, etc. They are designed to be used both on-road and off-road; however, not all vehicles can be used off-road, but this has the specialty to work off-road efficiently. The heavy-duty equines and vehicles used for heavy works require OTR tires as they…
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Added by Devanand Patil on September 12, 2022 at 1:19am —
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The off road high performance vehicle market is garnering substantial traction, mainly due to the rise in the action sports industry worldwide. Besides, the availability of a broad range of off-road high-performance vehicles drives market growth. Product standardization, enhanced research & innovation are significant market trends ensuring growth in the off-road high-performance vehicle market size.
With the enormous potential of off road high performance vehicles, the market would…
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Added by Devanand Patil on September 12, 2022 at 1:04am —
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Market Overview:
According to the research studies, the worldwide motorcycle insurance market is expected to increase at a CAGR of 5%, with a value of USD 900 billion over the forecasting year of 2026.
The increase in the frequency of accidents, the implementation of strict government regulations requiring vehicle insurance, and the increase in automotive sales worldwide are driving the global auto insurance market's expansion.
The non-life insurance industry is concentrated on…
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Added by Devanand Patil on September 12, 2022 at 1:00am —
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Market Overview
Market Research Future (MRFR) anticipates the power liftgate market 2020 to attain a valuation of more than USD 5 Billion by the year 2025. The projected market growth rate can be 9% between 2019 and 2025, which is the review period.
Primary Boosters and Main Barriers
Increasing uptake of sensor-based and electronic components in vehicles has done wonders for the power liftgate market in recent years. The surge in technological innovations and constant…
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Added by Devanand Patil on September 12, 2022 at 12:52am —
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Market Overview
The global Powersports market is projected to expand the market size at a CAGR of 6.65% by the end of the year 2030. Further, the global market for Powersports is estimated to achieve approximately USD $30.35 billion of market value between the research period of 2022 to 2030. Nowadays, sport cars demands are growing due to their well-built shock absorbers and powerful engines. Moreover, the government is also showing support to the tourist business and various recreational…
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Added by Devanand Patil on September 12, 2022 at 12:46am —
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The global spark plug market is garnering substantial traction. The market growth is attributed to the increasing adoption of spark plugs across the industry verticals. Besides, the growing demand for advanced spark plugs due to the spurting growth in automotive and marine industries drives the market growth. Moreover, rising usages of spark plugs in various industrial and other applications escalate the development of the market.
According to Market Research Future (MRFR), the spark plug…
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Added by Devanand Patil on September 12, 2022 at 12:39am —
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Market overview
The stolen vehicle security system is a reliable, intelligent and effective system to eradicate the vehicle theft chances with the help of various mechanisms, such as remote keyless entry system, ultrasonic intruder protection system, central locking system and automatic collision detection system. This kind of security system consists of detection, prevention and response to threats by using various technologies, for example, radio frequency identification and ultrasonic.…
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Added by Devanand Patil on September 12, 2022 at 12:32am —
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Market Overview
In 2030, it is anticipated that the worldwide automotive telematics market would generate $149.9 billion in profits. The market had a value of $27.7 billion in 2019; it is anticipated to grow significantly with a CAGR of 16.6% from 2020 to 2030. The main drivers of this market's explosive growth are the increased need for enhanced safety features in cars, the expanding popularity of connected cars, as well as the expansion of government policies and regulations that are…
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Added by Devanand Patil on September 12, 2022 at 12:26am —
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Market Analysis
The global utility terrain vehicle market is likely to grow at a 6% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. The utility terrain vehicle or UTV, put simply, is a vehicle that is specifically designed for effectively performing tasks compared to the general-purpose vehicle. Such vehicles are also called four-wheel drive off-road vehicles as well as side-by-side vehicles. These possess the capacity of two-six…
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Added by Devanand Patil on September 12, 2022 at 12:17am —
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