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Devanand Patil's Blog (2,152)

Future of Telematics in Automotive: Opportunities and Challenges

Telematics In Automotive 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…

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Added by Devanand Patil on March 6, 2023 at 6:04am — No Comments

Golf Cart Market Latest Innovations, Future Scope And Market Trends

Golf Cart Market Overview:

The global golf cart market is projected to increase at a CAGR of 6.9%, with a significant value in the forecasting year of 2022-2030.

As the investments in the infrastructure development of the golf courses across the elderly rural and resorts worldwide are increasing, so is the need for golf cars. This cart is a low-speed vehicle…

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Added by Devanand Patil on March 3, 2023 at 7:35am — No Comments

Automotive Software Market Size To Expand Significantly By The End Of

Automotive Software Market Overview:

Automotive Software Market is expected to be valued at USD 28 Billion with a CAGR of 20% Forecast by 2030

The global automotive software market size is projected to expand at 20% CAGR from 2020 to 2030. MRFR’s report on the automotive software market comprises growth drivers, challenges, and trends on the industry for…

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Added by Devanand Patil on March 3, 2023 at 7:23am — No Comments

Autonomous Trucks Market Investigation Reveals Contribution By Major Companies During The Assessment Period 2023 - 2030

Autonomous Trucks Market Overview

Autonomous Trucks Market is expected to be valued at USD 460 Million with a CAGR of 15.6% Forecast by 2030

Robotic trucks and Self-driving trucks are other names for Autonomous Trucks. These trucks have all of the most important features of regular trucks. The self-driving system uses LIDAR (laser radar), infrared radars, and cameras. Also, they use incredibly accurate sensors, sophisticated motion sensors, and complex algorithms, among other things,… Continue

Added by Devanand Patil on March 3, 2023 at 7:16am — 2 Comments

Low-Speed Vehicle Market To Reap Excessive Revenues By 2030

Low-speed Vehicle Market Overview

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

Low-speed vehicles are in higher demand among consumers. People prefer small size and lower-weight vehicles for regular usage.

The rise in concern…

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Added by Devanand Patil on March 3, 2023 at 7:07am — No Comments

Off-Road Motorcycle Market Value Chain Analysis And Forecast Up To 2030

Market Research Future Insights:

Due to the rising demand for fuel-efficient and low-maintenance off-road motorcycles, manufacturers are concentrating on product innovation at competitive pricing. The manufacturers are also concentrating on extending their global distribution network, which is boosting the market's expansion. The market for off-road motorcycles is being driven by the urban population's adoption of these vehicles for daily tasks in numerous nations…

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Added by Devanand Patil on March 3, 2023 at 6:58am — No Comments

Simulation Software Advancements and Adoption of VR/AR Driving Automotive Simulation Market

Automotive Simulation Market Overview:

The automotive simulation market refers to the use of computer-aided simulations and modeling to evaluate the performance, design, and functionality of various automotive components and systems. This technology has become increasingly popular in recent years due to its ability to save time and reduce costs in the product development cycle.

The global automotive simulation market is expected to grow significantly over the…

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Added by Devanand Patil on March 2, 2023 at 5:23am — No Comments

Rapid Prototyping and Customization in Automotive Production with 3D Printing

Market Research Future Insights

According to MRFR analysis, global 3D Printing in Automotive Market is expected to register a CAGR of ~ 28.72% from 2022 to 2030 and hold a value of over USD 4.90 billion by 2030.

Growth in the need to decrease vehicle weight, production cost & development time, upsurge in the use of 3D printing for quick prototyping…

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Added by Devanand Patil on March 2, 2023 at 5:14am — No Comments

Technological Advancements Boost Growth of the Vehicle Security Market

Vehicle Security Market Overview:

The Vehicle Security Market, in terms of cost, is projected to reach USD 10,168 million by 2030, recording a 6.90% CAGR from 2022-2030.

A Vehicle Security system is a protection system for a vehicle against external, spiteful threats to protect it in all likely ways. This Vehicle Security system contains recognition, prevention, and retort to threats over various technologies, like radio frequency recognition and ultrasonic.…

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Added by Devanand Patil on March 2, 2023 at 5:06am — No Comments

North America Fleet Management Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 - 2030

Market Research Future Insights

According to MRFR analysis, the global Fleet Management market is expected to register a CAGR of ~11% from 2022 to 2030 and hold a value of over USD  37 billion by 2030.

Fleet management is the coordination and management of a company's vehicle fleet, which typically includes cars, trucks, and other vehicles. Fleet management involves tasks…

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Added by Devanand Patil on March 2, 2023 at 4:57am — No Comments

Electric and Autonomous Vehicles Propelling Growth in Automotive HMI Market

Automotive HMI Market Overview:

The Automotive HMI (Human Machine Interface) market refers to the technologies, devices, and interfaces that allow drivers and passengers to interact with vehicles. This includes everything from traditional buttons and knobs to touchscreens, voice-activated controls, and gesture recognition.

The global Automotive HMI market has been growing steadily over the past few years, driven by increasing demand for advanced infotainment…

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Added by Devanand Patil on March 2, 2023 at 4:42am — No Comments

Technological Innovations in the Automotive Gear Industry: Impacts and Future Outlook

Automotive Gear Market Overview

As per Market Research Future (MRFR), the global Automotive Gear Market Size is projected to grow at a CAGR of 6.4% from 2022 to 2030 (forecast period). The report discusses the crucial trends in the global automotive gear market in light of the novel COVID-19 pandemic. The report presents a complete overview of the different areas of the industry that are likely to be impacted by the pandemic.

The gear is a part of a rotating machine fitted with cogs… Continue

Added by Devanand Patil on March 1, 2023 at 7:44am — No Comments

Inside Piston Market: Exploring the Manufacturing and Distribution of Engine Components

Piston Market Overview

Recent Research on the Global Piston Market indicates remarkable development of the market in the past few years which is anticipated to further grow in the projected period of 2022-2027.

The Global Piston Market revenue was valued at USD 30 billion in 2020 which is expected to reach USD 43 billion with a positive CAGR of 6% within the forecasted period.

Rising development of the automotive industry especially the manufacturing of fuel-efficient and… Continue

Added by Devanand Patil on March 1, 2023 at 7:37am — No Comments

Growing Focus on Vehicle Safety and Comfort Drives Demand for Automotive Connectors

Automotive Connectors Market Overview

The Automotive Connectors are usually placed in the vehicle, which is made of sockets and plugs. These connectors provide advanced safety and security features like keyless entry and braking systems, anti-theft, adaptive cruise control, etc.

In 2018, the worldwide Automotive Connectors Market was expected to grow at $4.38 billion. Further, it is projected to expand the market value at a CAGR rate of 8.5% and $11 billion of market share during the… Continue

Added by Devanand Patil on March 1, 2023 at 7:30am — No Comments

Glazing for Automotive Market Report Demand Analysis, Study Report Based Opportunities, Growth Report And Forecast To 2030

Glazing for Automotive Market is expected to be valued at USD 1,020 million with a CAGR of 9.9% Forecast by 2030

The global glazing for automotive market is growing continually. The market growth attributes to the consistent demand for safety and automotive glazing. Automotive glazing offers high performance and superior appearance to automotive consumers. Currently, there is high global demand for optimizing optical and mechanical properties for durable and scratch &… Continue

Added by Devanand Patil on March 1, 2023 at 7:22am — No Comments

Technological Advancements in Electric Steering Systems

Electric Steering Market Overview:

Electric power steering (EPS) is a viable alternative to hydraulic steering and eliminates the need of a hose, pump, and drive belt. The global electric steering market report by Market Research Future (MRFR) paints a clear picture on the use of the component in upcoming variants of cars as well as numerous opportunities for the period of 2022 to…

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Added by Devanand Patil on March 1, 2023 at 7:13am — No Comments

Revolutionizing Urban Transportation: The Rise of Bike Sharing Services

Market Analysis 

The global bike sharing market will reach USD 7.3 billion at a 9% CAGR by 2030, as per the new Market Research Future report.

Drivers 

Increasing Traffic Concerns to Boost Market Growth 

The increasing traffic concerns for the growing use of cars as well as innovations in various…

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Added by Devanand Patil on March 1, 2023 at 7:06am — No Comments

Regional Analysis of the Automotive Control Panel Market

Automotive Control Panel Market Overview:

The automotive control panel market refers to the market for the various buttons, switches, and dials that are used to control various functions within a vehicle, such as climate control, infotainment systems, and lighting. These control panels are typically located on the dashboard or center console of the vehicle and are an important part of the overall user interface.

The global automotive control panel market is…

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Added by Devanand Patil on February 28, 2023 at 10:47am — No Comments

Predictive Maintenance and Optimized Fleet Management Drive Vehicle Analytics Market

Vehicle Analytics Market Analysis

The growing requirement for real-time analysis of data collected from sensors and GPS tracking devices is a major driver driving the growth of the vehicle analytics market. Another key element fuelling the growth of the vehicle analytics market is technological advancements.

Market Research Future (MRFR) predicts the global vehicle…

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Added by Devanand Patil on February 28, 2023 at 10:30am — No Comments

Increasing Adoption of Connected Cars Driving Vehicle Security Market Growth

Vehicle Security Market Overview:

The Vehicle Security Market, in terms of cost, is projected to reach USD 10,168 million by 2030, recording a 6.90% CAGR from 2022-2030.

A Vehicle Security system is a protection system for a vehicle against external, spiteful threats to protect it in all likely ways. This Vehicle Security system contains recognition, prevention, and retort to threats over various technologies, like radio frequency recognition and ultrasonic.…

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Added by Devanand Patil on February 28, 2023 at 4:25am — No Comments

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