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Automotive Gesture Recognition Systems Market 2017: Future Demand, Market Analysis & Outlook To 2021

Automotive Gesture Recognition Systems Market by Component Type (Touch Based Systems, and Touchless Systems), Authentication Type (Hand/Fingerprint/Leg, Face, Vision/iris), Application (Lighting System), and Region - Global Forecast to 2021", The automotive GRS Market is projected to grow at a CAGR of 30.5%, to reach USD 3,144.8 million by 2021. The focus on enhanced user experience in the various applications and increasing awareness about driver safety and regulations is projected to drive the automotive GRS market. The introduction of autonomous and electric vehicles is expected to accelerate the demand for gesture recognition systems in the near future. It is consequently a major driver for the automotive GRS industry.

The future of gesture recognition would be highly dependent on its acceptance amongst end users; which, in turn, would depend on its reliability among many other factors. The integration of multiple technologies enables accurate functioning as well as enhances user

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Car Door Latch Market- Global Sales, Revenue, Price and Gross Margin Forecast To 2021

Car Door Latch Market by Application (Side Door Latch, Hood Latch, Tailgate Latch, and Back Seat Latch), Lock Type (Electronic and Non-Electronic), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2021", The car door latch market is projected to grow at a CAGR of 5.80%, to reach USD 6.59 billion by 2021. 

Increasing safety and security concerns with regard to automotive closure systems have led to developments in automotive latches, which fall under the closure system segment. As per the Global New Car Assessment Program, automotive door latches with central locking systems, anti-theft devices, electric child safety features, power cinching, or electric release functions are preferable. OEMs and Tier-1 suppliers are inclined towards lightweight solutions for various automotive components, which include composite materials and aluminum to achieve better fuel economy. Volkswagen AG (Germany) introduced a new modular body design on its 2013 Golf

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Locomotive Market to Witness a Massive Growth To 2021

Locomotive Market by Power Conversion Components (Rectifier, Inverter, Alternator, APU & Traction Motor), Technology (IGBT module, GTO Thyristor Module & SiC Module), Rolling Stock Type, and by Region - Global Trends and Forecast to 2021", The Locomotive market for power conversion systems is projected to grow at a CAGR of 2.92%, to reach a market size of USD 4.27 billion by 2021. A major factor driving the growth of the locomotive market for power conversion systems is rapid urbanization in emerging economies. In view of the rapid growth in urbanization and industrialization, the need for power and conversion systems is anticipated to increase during the forecast period. Moreover, this will require a substantial increase in power generation capacity and in turn infrastructure investments in this segment.

“Increase in need for energy efficient technologies will give rise to the demand for IGBT power modules”

The market for IGBT power modules is anticipated to gradually replace the m

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Automotive Transmission Market – Industry Analysis & Global Forecasts to 2021

Automotive Transmission Market by Type (Automatic, Manual, AMT, DCT, CVT), Vehicle type (Passenger Car, LCV, HCV, & Electric Vehicle), Number of Forward Gears, Fuel, & Region (Asia-Pacific, North America, Europe, RoW) - Global Forecast to 2021", The automotive transmission market is estimated to grow with a CAGR of 5.89 % from 2016 to 2021 to reach a market size of USD 196.20 billion by 2021.

Growing demand for lightweight materials for transmission systems and consumer preference for enhanced driving experience and smooth gear shifting has driven the demand for automotive transmissions.

Automatic Transmission Segment to Dominate the Market

The AT market, in terms of value, is estimated to grow at the highest CAGR from 2016 to 2021. An AT uses the same gearbox as an MT and makes use of fluid couplings between the engine and clutch. Gear shifting in an AT system is performed with the help of hydraulics or vacuum cylinders. It allows the driver to select a speed range from high, medi

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Automotive Axle & Propeller Shaft Market 2021 | Here's All You Need to Know

Automotive Axle & Propeller Shaft Market by Position (Front, Rear, and Inter-Axle Propeller Shaft), Axle Type (Live, Dead, and Tandem Axle), Propeller Shaft Type (Single, and Multi-Piece), Material (Alloy, and Carbon Fiber) - Global Forecast to 2021", The global axle and propeller shaft sales is estimated to grow at a CAGR of 8.22%, to reach USD 58.07 billion during 2016-2021 period.

Growing adoption of AWD vehicles, growth in vehicle production as well as advancement in engineering to enhance vehicle performance and fuel efficiency are estimated to drive the market.

Carbon fiber propeller shaft is the fastest growing segment

Carbon fiber composites are being used in automotive components owing to their structural advantages over their metallic counterparts. These include lower weight and higher strength, which are of vital importance to the OEMs. The cost is expected to decline with mass adoption and improved the manufacturing process, which is projected to make carbon fiber prope

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Automotive HMI Market 2021: Market Size, Market Share, Vendors and Key Regions Analysis

Automotive HMI Market by Technology (Visual and Acoustic), Product (Voice Control, Central Display, Instrument Cluster, Steering Mounted Control, HUD, RSE Display), Access, Light Duty Vehicle Type, Function, and Region - Global Forecast to 2021", The automotive HMI market is projected to grow at a CAGR of 11.93%, to reach USD 28.13 billion by 2021. The demand for automotive HMI has increased in the past few years due to enhanced user experience and greater comfort features.

“The acoustic interface technology is the fastest growing technology in the automotive HMI market”

The acoustic interface segment of the automotive HMI market is the fastest growing technology in the automotive HMI market owing to factors such as the increasing trend in communication between the vehicle and the user through an audio platform. For example, access to navigation and entertainment features using voice commands.

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High Voltage Battery Market - Latest Trends | Market Size Estimation | Future Forecast

According to the new market research report “High Voltage Battery Market By Capacity (75-150, 151-225, 226-300, >300kWh), Type (NCA, NMC, LFP, Others), Range (100-250, 251-400, 401-550, >550 Miles), Voltage (400-600, >600V), Vehicle Type (Truck, Bus, Passenger Car) and Region-Global Forecast to 2025", published by MarketsandMarkets™, 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.

The >300 kWh segment is expected to be the largest contributor in the high voltage battery market, by battery capacity, during the forecast period.

The growth of >300kWh batteries is mainly driven by the dominating electric bus industry

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Automotive Lighting Market: Phenomenal CAGR of between 2017 and 2022

"Automotive Lighting Market for ICE & EVs by Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region - Forecast to 2022", The Automotive Lighting Market is projected to grow at a CAGR of 6.80% from 2017 to 2022 and is expected to reach USD 29.97 billion by 2022.

The Automotive Lighting Market is driven by increasing vehicle production, technological advancements, stringent regulations, and increased demand for luxury vehicles.

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With the increasing focus on passenger and pedestrian safety, several advancements have led to an improvement in lighting technology, functions, and effectiveness. Light Emitting Diode (LED) headlights are a potential solution for low to mid-level car segment in the automotive industry. Leading manufacturers such as Hella KGa

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Automotive Microcontrollers Market – Industry Analysis & Global Forecasts to 2022

Automotive Microcontrollers Market by Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security), Technology (ACC, Blind Spot Detection, Park Assist, TPMS), Vehicle, EV, Bit Size, Connectivity, and Region - Global Forecast to 2022", The global automotive microcontrollers market is estimated to be USD 989.2 million in 2017 and is projected to reach USD 1,886.4 million by 2022, at a CAGR of 13.78%.

Asia-Pacific: Dominating The Market For Automotive Microcontroller From 2017 To 2022

Asia-Pacific is estimated to account for the largest share of the automotive microcontrollers market in 2017. The market growth in Asia-Pacific can be attributed to the boom in vehicle production and sales in countries such as China and India. In recent years, the Asia-Pacific market has become the largest producer of vehicles. It is thus the largest consumer of automotive microcontrollers across the globe. 

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Forecast and Future Applications of Truck Refrigeration Unit Market

According to the new market research report “Truck Refrigeration Unit Market by Type (Roof Mount, Split), Industry (Frozen Food, Pharma & Chemical, Ambulance & Passenger Transport), Bus Length (<8, 8-12,>12m), Trailer Size (20 & 40ft), Application, Vehicle Type and Region - Global Forecast to 2025", published by MarketsandMarkets™, The Truck Refrigeration Unit Market is estimated to be USD 10.5 billion in 2018 and is projected to reach USD 15.0 billion by 2025, at a CAGR of 5.21%. The growing LCV sales worldwide and increasing demand for frozen and chilled goods all over the world are projected to drive the Truck Refrigeration Unit Market.

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The M&HCV segment is expected to grow at the highest CAGR in the Truck Refrigeration Unit Market during the forecast period.

The M&HCV refrigerated trucks are generally used for medium to long distance transportation from one city to another or

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