The global agricultural tractors market is witnessing a considerable rise in its size. The market growth attributes to the improving automotive and agricultural infrastructure in developed and developing regions. Besides, the increasing production and sales of off-road vehicles globally drive the growth of the market. Moreover, the introduction of mechanical power and advanced technologies into the agricultural production system further escalates the market growth.
According to an eminent…
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Added by Devanand Patil on August 12, 2022 at 3:21am —
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Market Analysis
As per Market Research Future (MRFR) analysis, the global 3D printing in automotive market is projected to reach USD 2,512.3 million with a CAGR of 26.2% from 2018 to 2023 (forecast period).
Rising R&D activities and innovations are strengthening the automotive industry globally. With significant capital investment in automotive technology, many manufacturers are concentrating on lightweight vehicles to reduce fuel consumption and emissions. Among all R&D…
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Added by Devanand Patil on August 12, 2022 at 2:52am —
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Market Analysis
Market Research Future (MRFR) projects the global used vehicle market to reach USD 2,000 Billion, registering a CAGR of 7% from 2021 - 2027 (forecast period).
Multiple Factors to Augment Market Growth
Across India, people in rural regions have begun to prefer riding their two-wheelers to taking public transportation. A similar trend has been observed in nations such as the United Kingdom and the United States, where customers have turned to personal commuting…
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Added by Devanand Patil on August 12, 2022 at 2:40am —
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Ride sharing applications have gained prominence as a prime mode of transport owing to penetration of smartphones and the Internet. Ride sharing allows customers to commute distances at affordable prices. They have garnered interest in developing economies looking to increase their ease of business and ease of living indexes. The global ride sharing market report by Market Research Future (MRFR) provides a significant outlook on numerous trends, drivers, deterrents, and challenges for the…
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Added by Devanand Patil on August 12, 2022 at 2:34am —
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Market Overview
The worldwide electric vehicle battery recycling market is anticipated to expand the market valuation of USD 4 Billion by the end of the year 2025. Further, the global market is estimated to generate nearly 15% CAGR during the research period.
Battery recycling is a simple process that is gaining popularity with an aim to reduce the batteries usages that are disposed of in the municipal sector. This is basically an effort to reduce carbon emissions and improve…
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Added by Devanand Patil on August 12, 2022 at 2:28am —
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Market overview
The Electric Bicycles Market is expected to register a CAGR of 10.17% and USD 59.43 billion by 2027 and during the forecast period. Electric bicycles are also called e-bikes, improvised bicycles with an electric motor installed in them that offers pedal assistance to the rider. The features of this bike are similar to the regular bike with electric features. By 2025 the electric vehicle will be the largest selling vehicle. The wide availability, reduction in weight, low…
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Added by Devanand Patil on August 12, 2022 at 2:23am —
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Market Synopsis
As per the analysis by the Market Research Future Reports, the global drive by wire market is expanding at a moderate CAGR of 9% during the forecast period from 2017 to 2023. The global drive by wire market 2020 is estimated to witness expansion during the forecast period due to the rising sales of electric vehicles and plug-in hybrid electric vehicles across the globe. The usage of drive-by-wire technology in passenger cars also provides improvements in fault recognition…
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Added by Devanand Patil on August 12, 2022 at 2:15am —
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Market overview
Car rental companies are agencies that rent cars for a particular period at a certain cost. The services are mostly organized with several local branches and are generally located near the region's railway station, airport, and other busy areas. They provide online services through which consumers can do the reservation. Due to the growing travelling and population, the market has become one of the important markets globally. Producers and manufacturers are adding new…
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Added by Devanand Patil on August 12, 2022 at 2:08am —
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Market Overview
Automotive garage equipment market 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 August 12, 2022 at 1:55am —
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Market overview
The advanced driver assistance systems market has a wide range of active and passive systems designed to assist the driver by providing comfort, safety, and efficiency while driving. It promotes the safety of the driver, pedestrian, and passenger. It has multiple features like sensors, cameras, radars, and software that helps in function. The emergency braking, park assist, adaptive cruise control, blindspot detection, and lane warning departure system are a few systems…
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Added by Devanand Patil on August 12, 2022 at 1:45am —
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Market Highlights
The automotive test equipment is the equipment used in the automotive to ensure their proper testing with an objective to provide a better rider experience to the driver and ensure their safety while driving. The market is growing rapidly with the introduction of various stringent emission control rules upon the rising concern for environment protection. The increase in production of motor vehicles is also contributing to the growth of the automotive test equipment…
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Added by Devanand Patil on August 11, 2022 at 5:04am —
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Market Highlights
The automotive steer-by-wire system is different from the electric power steering system. The automotive steer-by-wire system provides control over the system in the vehicle by controlling the wheel direction. This system works based on driver inputs and then the inputs actuated through electronic control units to control the wheel direction. The growing demand for fuel efficiency in vehicles and the growing luxury vehicle sales are the major driving factors for the…
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Added by Devanand Patil on August 11, 2022 at 4:55am —
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Market Highlights
The software system has become an integral part of automotive industry. The use of software solutions helps to enhance performance, safety, and driving experience. There are a wide variety of software systems in automotive including auto mechanical software, connectivity software, auto driver software, entertainment, safety and navigation software among others.
The increasing demand for connected vehicles, increasing concern over driver and vehicle safety, growing…
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Added by Devanand Patil on August 11, 2022 at 4:44am —
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Market Highlights
With technology advancements, the race is on to develop smart or intelligent tires that rely on IoT connectivity to offer and deliver enhanced safety, more durability, increased fuel efficiency, and improved vehicle performance. Furthermore, governments across the globe studied and suggested that one in 12-14 tires on heavy commercial vehicle is dangerously under-inflated which may cause severe accidents.
Prominent tire manufacturers are experimenting with software…
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Added by Devanand Patil on August 11, 2022 at 4:35am —
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Market Highlights:
In automotive industry, various technologies have evolved tremendously in the recent years that has led to an increase in the number of complex and high-end electric & electronic systems used in vehicle. The installation rate of secondary wiring harnesses in a vehicle has increased due to technologies such as advanced infotainment system and safety & security system. Hence, the rising inclination for high-end electronics is driving the demand for secondary wiring…
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Added by Devanand Patil on August 11, 2022 at 4:26am —
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Overview
The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. The automotive remote diagnostics is a solution to monitor the health of a vehicle, figure the root cause of the issues, and enable the customer to access information about the vehicle. It is used in passenger and commercial vehicles to gain information regarding the health of the vehicle. The diagnostic data is available with the dealer and is further shared with the…
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Added by Devanand Patil on August 11, 2022 at 4:17am —
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Market Highlights
The regenerative braking system is an energy recovery system that coverts the kinetic energy of the vehicle produced at the application of brakes into electrical energy. Demand of improved vehicle performance is continuously at its peak, and inclination of consumers towards environment friendly vehicles like electric and hybrid vehicles is increasing in developed as well as in developing nations, this is expected to fuel the growth of regenerative braking system during…
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Added by Devanand Patil on August 11, 2022 at 3:31am —
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Market Highlights
An automotive active purge pump refers to an evaporative fuel processing system that uses vapor canister, valve assembly and actuator to reduce the hydrocarbon evaporative emissions from the vehicle. The active purge pump extracts hydrocarbon from the emission canister to control hydrocarbon emission. Stringent government regulations and growing sales of vehicles across the globe increases the demand for active purge pumps. The massive growth in sales of passenger…
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Added by Devanand Patil on August 11, 2022 at 3:18am —
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Automotive Powertrain Systems Market – Overview
Remarkable growth has repeatedly highlighted the expansion arc of automotive powertrain systems. Market Research Future, a firm which specializes in market reports related to the automobile sector among others, published in its recent report on Automotive Powertrain Systems Market Research Report - Global Forecast to 2023 that is expected to grow at a compelling CAGR of 5.7%. The powertrain market is currently growing at a quick pace due to a…
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Added by Devanand Patil on August 11, 2022 at 3:09am —
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Market Highlights
The inverter, converter and battery management systems are the essential power modules used in the automotive industry. The use of power module helps to enhance performance, safety, increase mileage, improve battery efficiency and driving experience. The growing uses and the advancement in electric and hybrid electric vehicles are imposing new standards in electrical component and systems, which have the ability to work in non-conventional environments and outside…
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Added by Devanand Patil on August 11, 2022 at 3:00am —
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