Automotive Gudgeon Pin Market Estimated to Expand at a Robust CAGR By 2027

The approximately US$ 3.3 billion market for automotive gudgeon pin is poised for a moderate, just-under 5% yearly growth in the revenue, in 2022. A new study by Future Market Insights emphasizes the critical role of aftermarket in influencing the overall sales picture of automotive gudgeon landscape.

Future Market Insights (FMI) has estimated the Automotive Gudgeon Pin market to grow with year on year growth of 4.3% in 2022 reaching value of about US$ 3,149.4 Mn by 2022 end. The global industry is projected to observe a significant CAGR of 5.0% by value during the period of 2022 and 2027.

The report also sheds lights on the significance of a growing trend involving green combustion engine technologies in shaping the competitive landscape of automotive gudgeon pin marketplace.

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Research spots a few prominent attributes favoring adoption of gudgeon pins in automobile –

  • Growing proclivity for automation
  • Increasing demand for high efficiency, smart engine systems
  • Material innovation to deliver stronger, lightweight, and corrosion resistant products
  • Introduction of enduring gudgeon pins with high load capacity

Automotive Gudgeon Pin Market Remains a Consolidated Landscape

The market structure analysis uncovers that the global automotive gudgeon pin landscape is fairly consolidated owing to significant presence of Tier 1 and Tier 2 companies. Accounting for more than 55% share in the global market value, Tier 1 players such as Mahle GmbH and Federal Morgul continue to augment investments in strategic acquisitions and collaborations, according to the report.

A majority of competitors operating in the global landscape of automotive gudgeon pin market are likely to focus on new product development and launches for an enhanced market position through a unique brand value. Moreover, the report points to a growing focus of a number of gudgeon pin manufacturers on extending product lifespan through diamond surface finishing.

Based on the mechanism, full floating mechanism remains highly preferred among manufacturers of automotive gudgeon pins, which has been attributed to the capability of full floating mechanism to facilitate power transmission to crankshaft from piston. The adoption of semi-floating mechanism on the other side is projected to progress at a moderate pace during upcoming years.

High-end Automakers Shifting to Titanium-based Gudgeon Pins

As indicated by the material-wise analysis of the global automotive gudgeon pin market, steel has been a prominent choice among manufacturers owing to superior efficiency to function within high temperature ranges, i.e. up to 3000 Celsius.

However, titanium is gradually emerging as a more lucrative and favored material type among key manufacturers of automotive gudgeon pins. Titanium-based gudgeon pins, projected for rapid growth in adoption especially for high performance vehicles, is earning higher popularity owing to an exceptional ability to function at temperatures as high as 15000 Celsius that is manifold compared to that of steel.

Aftermarket Reflects Noteworthy Potential in Terms of Sales

Research evaluates the impact level of growing purchasing power of consumers on the overall sale of automotive gudgeon pins. With an increasing number of consumers actively investing in high-end cars, it is more likely that the subsequently growing demand for premium vehicle maintenance and servicing would fuel the demand for aftermarket parts at a high pace. Automotive gudgeon pins are thus likely to discover lucrative adoption opportunities in both the segments, aftermarket as well as OEMs, says the report.

Over 50% of the US consumer base prefers aftermarket supplies of automotive components over expensive parts supplied by OEMs. While the US has been among the key automotive markets over the years, the aforementioned statistical figure will reportedly account for a significantly growing revenue share of aftermarket in the automotive gudgeon pin landscape.

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Automotive Gudgeon Pin Market By Segmentation

By Material Type:

  • Steel
  • Titanium
  • Aluminum

By Product Type:

  • Fixed Pin
  • Semi-Floating Pin
  • Full Floating Pin

By Vehicle Type:

  • Passenger Car
  • LCV
  • HCV
  • Two Wheelers

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APAC
  • MEA

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Two-wheeler Parc Boosts Market Growth in Emerging Economies

Dramatically fostering automotive production in major developing regions including Asia Pacific, Africa, and Latin America is projected to boost automotive gudgeon pin sales in OEMs segment. Passenger cars currently take up an approximate share of 50% in the total market value.

The bolstering two-wheeler parc across prominent emerging economies such as China, India, Turkey, Brazil, Mexico, and ASEAN countries is most likely to hold a positive impact on the sales of automotive gudgeon pins in coming years.

A promising growth outlook estimated for emission-less vehicles such as solar-powered automobiles and electric vehicles, which are currently in a nascent phase, will however hold a considerably negative influence on the current revenue growth scenario of automotive gudgeon pin market in both developed and developing regions.

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X-by-Wire Market : to grow with year-on-year value growth of 13.9% in 2022 reaching a value of about US$ 39 Bn by 2022 end.

Marine Fin Stabilizer Market : represented historical CAGR of 3.3% between 2014- 2021 and is further projected to expand at CAGR of 3.7% during 2022 to 2029 and reach valuation of US$ 226.9 Mn by end of 2029.

MENA Commercial Vehicles (Trucks) Market : is projected to expand at 3.4% CAGR, in terms of volume between 2022 and 2027. Sales of commercial vehicles (trucks) in MENA will reach US$ 6.57 Mn by the end of 2022.

Marine Fuel Injection System Market : to grow with a year-on-year growth of 3.4% in terms of value in 2022 reaching a value of about US$ 5,373.5 Mn by 2022 end.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Automotive Actuator Market : Key Players, Growth, Analysis, by 2032

Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Bn by 2032.

Automotive actuators are a crucial component of electronic control systems in vehicles as they aid in the conversion of electrical impulses from control units to action. Various types of automotive actuators are utilized in vehicle models, and different actuators perform different roles depending on the vehicle function. The job of the actuator in the engine control system is to operate air flaps for torque and power optimization while maintaining idle speed.

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Actuators in vehicles have become more popular as consumers are becoming more mindful of excessive carbon emissions and high gasoline and diesel usage. These actuators help in the regulation of fuel consumption as well as the reduction of pollutant emissions by supplying the required quantity of fuel to the engine and controlling the fresh air supply.

The automotive actuator market will benefit from rising demand for passenger automobiles over the forecast period. However, the possibility of an electric component failing in an electric actuator, as well as a rise in malfunctioning components, might stifle global automotive actuator market growth. Nonetheless, increasing demand from the automotive sectors in China, the U.S., and Germany is expected to drive growth in the market.

“Rising adoption of fuel-efficient and luxury automobiles, along with increasing production of autonomous vehicles will continue fueling sales of automotive actuators over the assessment period.” says an FMI analyst.  

Key Takeaways:

  • By product type, transmission actuator sales are expected to grow at a CAGR of 6% over the forecast period.
  • Based on vehicle type, the passenger vehicle segment will dominate the market with more than 75% of the market share.
  • In terms of working type, the electromagnetic segment is expected to lead with a market share of more than 9%.
  • By sales channel, OEM segment is expected to expand at a CAGR of 5% through 2032.
  • Total sales in the U.S. automotive actuators market will reach a valuation of US$ 1.3 Bn by 2032.
  • The China automotive actuators market will offer an absolute incremental opportunity of US$ 3.8 Bn over the forecast period.
  • Germany will account for 31.7% of the Europe automotive actuator market share in 2022.

Competitive Landscape

Some of the leading automotive actuator manufacturers are Denso Corporation, Hitachi, Ltd., Robert Bosch GmbH, Nidec Corporation, Mitsubishi Heavy Industries Ltd., ZF Friedrichshafen AG, Magna International, Inc., and Mahle GmbH.

Technological developments along with collaborations and mergers and acquisitions by key market participants are expected to fuel the automotive actuator market.

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Automotive Actuator Market By Category

By Product Type:

  • Transmission Actuator
  • Driveline Actuator
  • Brake Actuator

By Vehicle Type:

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Working Type:

  • Pneumatic
  • Hydraulic
  • Electromagnetic
  • Electric

By Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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Trim Tabs Market : is anticipated to grow at a steady CAGR of over 3.1% during the forecast period from 2022 to 2032.

Electric Motor Horn Market : is anticipated to be valued at US$ 35.1 Bn in 2022 and exhibit steady growth at a CAGR of 5.7% in the forecast period from 2022 to 2032.

Electric Vehicle Motor Market : size is stood at around US$ 48.1 Bn in 2021. As per the report, sales are expected to increase at a CAGR of 21.2%, to reach a valuation of US$ 396.3 Bn by 2032.

Marine Fuel Filter Market : is expected to record a CAGR of 5.05 % during the forecast period 2022-2032, up from US$ 1006.4 Mn in the year 2022to reach a valuation of US$ 4001.7 Mn by 2032.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Park Assist System Market Expected to Witness High Growth by 2032

The global park assist system market is projected to reach a valuation of US$ 595.6 Mn in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Bn by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher precision using advanced guidance technology that uses radar and ultrasonic based solutions.

The park assist system is customer centric that elevates every phase of the parking experience with advanced parking features that guide drivers to park with confidence. These systems provide great performance, better efficiency, along with increased safety & security for vehicles which is propelling the demand for park assist systems. Along with the above mentioned factors, park assist system also minimizes the chance for potential scratches and dings when parking into very tight places.

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As per FMI, the global park assist system market is expected to be dominated by Europe, followed by East Asia and the trend is predicted to continue during the forecast period. Park assist system market in Europe is projected to top US$ 773.4 Mn by 2032.

“Increasing technological advancements in ADAS systems in autonomous vehicles, along with growing adoption of park assist systems in passenger vehicles will continue pushing sales in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • Based on technology, the ultrasonic sensor segment is projected to hold approximately 6% of the total market share in 2022.
  • In terms of sales channel, demand in the OEM segment is anticipated to grow at a 4% CAGR through 2032.
  • By vehicle type, total sales in the passenger vehicle segment are slated to reach a valuation of US$ 1.7 Bn by 2032.
  • Sales in the U.S. park assist system market are forecast to grow at a 14.6% CAGR over the assessment period.
  • China is expected to hold about 67.4% of the East Asia park assist market share in 2022.
  • Europe will emerge as an attractive park assist system market, creating an incremental dollar opportunity of US$ 588.3 Mn over the forecast period.

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Competitive Landscape         

Key market participants of the park assist system market include Continental AG, Robert Bosch, Denso Corporation, Magna International, Valeo SA, Hitachi Ltd., Delphi Automotive, ZF Friedrichshafen, Siemens AG, and Aisin Seiki Co. Ltd.

Leading park assist system manufacturers are focusing on providing active guidance in parking while enhancing safety and comfort of the passengers. Many players are focusing on technological developments for park assists systems as well as expanding their manufacturing capabilities for ADAS solutions. For instance:

  • In Aug 2020, Robert Bosch along with Ford and Bedrock began research for automated valet parking that can increase the parking capacity and offer other services for vehicles while parked.

More Insights into the Global Park Assist System Market Report

In its latest report, FMI offers an unbiased analysis of the global park assist system market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on technology (ultrasonic sensor, lidar sensor, radar sensor, camera sensor, infrared sensor, pressure sensor), by sales channel (OEM, Aftermarket), by vehicle type (passenger vehicles, LCV, HCV) & by region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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About Future Market Insights – Automotive

The research report analyzes demand for automotive park assists systems. The global vehicle market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of products, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

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Bicycle Market : is anticipated to have a stable CAGR of 5.8% during the forecast period of 2022-2032. According to FMI, the bicycle market is expected to grow from US$ 59,882.2 Mn in 2021 to US$ 109,511.7 Mn by 2032.

Automotive Engineering Services Market : is likely to strengthen its hold in the global market at a moderate CAGR of 8.6% during the forecast period. The global market holds a forecasted revenue of US$ 166.16 Bn in 2022 and is likely to cross US$ 348 Bn by the end of 2032.

Automotive Back-up Camera Market : are expected to create an incremental opportunity of more than US$ 2.6 Bn by 2022, expanding at a staggering CAGR of around 8% to 9% during the forecast period 2022-2032.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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Cryogenic Technology Market Key Players, End User, Demand and Consumption by 2031

The Cryogenic technology demand is expected to grow at a CAGR of around 10% during the forecast period 2021-2031. The market growth can be attributed to factors such as high demand for industrial gases from end-use industries and infrastructure developments for catering high LNG demand. Also, the increasing number of space missions and innovations in cryo-electronics is expected to offer lucrative growth opportunities for the market players in the next 10 years.

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What is Driving Demand for Cryogenic Technology?

Increase in attempts from government and private bodies to boost the adoption of cleaner fuels, such as natural gas, for domestic and industrial applications is a key factor driving the global demand for cryogenic technology. Moreover, the rapid rise in industrialization and urbanization and the increased demand for cryogenic technology across the healthcare industry are also boosting the demand for cryogenic equipment, globally.

Globally, several stringent regulations pertaining to future pollution control goals are expected to drive the usage of cryogenic technology in the natural gas processing industry in the near future. High initial investment acts as a major hindrance to the market. However, decline in price in the near future is expected to overcome the restraint. Low prices are likely to offer new opportunities to the market.

Cryogenic Tank is Expected to Contribute Largest Market Share

The cryogenic tank segment is estimated to hold the largest market share owing to its wide application in chemical & petrochemical and oil & gas industry for transportation and storage of nitrogen, oxygen, argon, LNG, and hydrogen based cryogens.

The valve segment is estimated to contribute for the second largest share owing to wide applications in freezing such as transportation, storage, and production of liquefied gases. It is mostly used in gas production plants, LNG liquefaction plants, cargo system, and receiving terminals.

The pump segment is growing at a faster pace owing to the high and ultra-high vacuum applications from metallurgy, chemical, and oil & gas industry. Furthermore, rising usage of vaporizers for vaporization of LNG in peak shaving and base-load in regasification facilities across vertical of end-use industries are set to fuel the growth of cryogenic pump over the forecast period. Hence, the growing application of cryogenic technology across vertical would propel the demand during the forecast period.

US Cryogenic Technology Industry Analysis

The U.S. cryogenic market holds a majority of the market share owing to high demand for cryogenic processes and techniques in various industries such as the medical sector, the gas industry, and food preservation. Moreover, consumers’ preferences for processed foods are shifting. The food industry is one of the largest manufacturing sectors in the United States, accounting for more than 10% of all shipments, according to the Council of American States in Europe.

Because of sustained economic growth and rising consumer demand, the processed food industry has seen steady growth. The demand for cryogenic equipment is also expected to grow due to the oil and gas industries. According to data, in 2019, the natural gas consumption of USA amounted to over 845 billion cubic meters, which was the highest in the world, and is expected to grow during the forecast period. Natural gas is transported with the help of Cryogenic Energy Storage (CES) tanks, which is in turn expected to augment the sales of cryogenic technology in the U.S.

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East Asia Demand Outlook for Cryogenic Technology

East Asia market for cryogenic technology is projected to emerge as a major growing region over the next ten years. Development in countries such as Japan, South Korea, and China has led to increased investment in LNG transportation as energy and fuel source, thereby driving the demand. Due to the constant increase in the energy demand and several developments in the fields, such as space research, healthcare, and chemicals, the East Asia region is likely to be the fastest-growing and largest market for the cryogenic technology.

Who are the Key Cryogenic Technology Providers?

Some of the leading providers of cryogenic technology include

  • Oxford Instruments Plc.
  • Chart Industries Inc.
  • FIBA Technologies Inc.
  • INOX India Pvt. Ltd.
  • Linde AG
  • Asia Technical Gas
  • Herose GmbH
  • Beijing Tianhai Cryogenic Equipments

Cryogenic Technology Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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Key Segments

By Type:

  • Cryogenic Vaporizer
  • Cryogenic Valve
  • Cryogenic Tank
  • Cryogenic Pump
  • Others

By Application:

  • Medical science
  • Mechanical application
  • Food preservation
  • Gas industry
  • Space

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East & Africa

Check Related Links – 

https://ourclass.mn.co/posts/advanced-distribution-management-systems-market-2022-present-scenario-and-growth-prospects-2029

https://bresdel.com/blogs/242691/Advanced-Distribution-Management-Systems-Market-Research-Report-2022-Global-Forecast

https://homment.com/VaYzEYdGqkzWs7LkCpOb

https://inobee.com/read-blog/89944

https://fonolive.com/article-details/631f16e57e7d464aecef447e

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Night Vision System (NVS) Market Prospects and Growth Assessment 2032

The global night vision system market is expected to surpass a valuation of US$ 1.2 Bn by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected to fuel sales in the market over the forecast period.

NIR (near infrared range) technology has progressed significantly during the last few years. In low-light or no-light situations, NIR technology produces photons, which aid in the detection of objects from a long distance.

For night vision systems, it is critical for eye-tracking and gesture control. Within a detecting range of fewer than 600 feet, the technology uses less power and can provide a crisp image in the dark. As a result, sales in the the global automotive night vision market are predicted to grow.

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More sensors are being integrated into automobiles to make them smarter and automated. Road sign recognition, collision avoidance systems, driver face detection, obstacle detection, and automated response are just a few of the emerging sensor-based technologies in the automotive night vision market. As a result of the integration of new-age technologies and enhanced sensors, demand is slated to surge at a considerable pace over the forecast period.

“Increasing autonomous vehicle fleet coupled with growing road safety awareness, particularly at night will continue driving the market over the forecast period, says an FMI analyst.

Key Takeaways:

  • By technology type, infrared sensor sales are expected to grow at a CAGR of 13.6% during the forecast period.
  • Based on vehicle type, the passenger vehicle segment is anticipated to dominate the market, accounting for about 69% of the total market share.
  • In terms of sales channel, the OEM segment is projected to create an absolute dollar opportunity worth US$ 679.9 Mn.
  • The U.S. is expected to account for 9% of the North America night vision market share, creating an absolute $ opportunity of US$ 143.3 Mn by 2032.
  • Total sales in China will grow at a 4% CAGR, accounting for more than 68% of the East Asia night vision market share in 2022.

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Competitive Landscape

Some of the leading players operating in the market include Continental AG, Robert Bosch GmbH, Mobileye, Veoneer Inc., Valeo SA, Magna International, and others.

Manufacturers are strategically collaborating with technology partners for long supply relations and to instigate a central control unit for different ADAS technologies.

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about the automotive and transportation industry encompassing the automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services, and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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Train Seat Market : is likely to hold a value of US$ 1933 Million. With a CAGR of 4.5%, the market is projected at US$ 3001 Million during the forecast period from 2022 to 2032.

Automotive Axle Market : garnered a market value of US$ 61.2 Billion in 2022 and is expected to accumulate a market value of US$ 74.60 Billion by registering a CAGR of 2% in the forecast period 2022-2032.

Mechanical Performance Tuning Components Market : will reach at an estimated value of US$ 197.7 Bn, registering 4% CAGR during the forecast period (2022-2029). The overall demand in the market is expected to surpass US$ 260.7 Bn by the end of 2029.

Motorcycle Suspension System Market : to grow with a CAGR 4.7% in between 2022 to 2029 reaching a value of US$ 2,381.6 Mn by 2029 end.

Automotive Windshield Washer System Market : to grow with a year on year growth of 5.7% in 2022 reaching a value of about US$ 19 Bn by 2022 end.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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Community Cloud Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

The Community cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. Global demand for high performance with low latency infrastructure is a significant driving factor for community cloud industry. Along with it, achieving economies of scale by use of shared cost model, shared concerns for data redundancy, security and compliance, and green computing initiative for reducing number of servers are some of the factors leading to the adoption of community cloud market.

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What is Driving Demand for Community Cloud?

The demand for cloud solutions has been surging over the past few years. Different industries are increasingly adopting cloud solutions to remain competitive by cutting down on information technology infrastructure costs.

Community cloud helps in further reduction of infrastructure cost as the cost incurred is shared among different stakeholders. Regulatory compliance, spending by governments towards community cloud solutions and demand arising from different industry verticals are some of the major factors propelling the growth of this market.

Additionally, huge spending by various governments has increased the pressure on organizations to comply with regulatory standards. Several organizations have already started adopting shared cloud model. This is estimated to further drive the adoption of community cloud model in the coming years.

Healthcare Sector to Emerge as the Fastest Growing Industry

Healthcare organizations have been steadily, but cautiously, transitioning to the cloud. In addition to frequent mergers and acquisitions demanding the consolidation of information, data sharing and collaboration are becoming increasingly important. Those with a vested interest in healthcare data are seeking ways to streamline the information sharing process, while protecting sensitive patient data.

Healthcare community cloud provides a solution for people at different endpoints to access this information conveniently and securely. Hospitals, physician groups, healthcare clearinghouses, health plan administrators, and other members of the healthcare community are revolutionizing the way they collaborate via the cloud.

Moreover, virtual health has revolutionized healthcare, extending provider networks, lowering costs, and satisfying patients. Technology can sustain these gains by ensuring seamless digital interactions, and reliable, secure access to remote data. These factors are thus expected to provide a seamless approach for the growth of community cloud sales over the next ten years.

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US Community Cloud Industry Analysis

U.S. community cloud is the largest market for hybrid and community clouds due to the technological advancements and early adoption of technology in North America. The presence of numerous vendors, such as Microsoft Corp., Oracle Corp., Amazon.com Inc., and IBM Corp., and the higher propensity to adopt new technologies are expected to help this region maintain its position in the market.

In the U.S., companies place a strong emphasis on digital transformation and are often considered among the early adopters of next-generation technologies, such as IoT, additive manufacturing, connected industries, big data analytics, Artificial Intelligence (AI), machine learning, AR, and VR, as well as the latest telecommunication technologies, such as 4G, 5G, and LTE. The continued adoption of the latest technologies by enterprises in the U.S. bodes well for the growth of the community cloud market.

East Asia Sales Forecast for Community Cloud

The market in East Asia is projected to provide significant growth opportunities during the forecast period. Notably, community cloud have gained huge traction in East Asia, as enterprises seek to enhance their digital initiatives. The increasing availability of skilled labor and keen focus provided by SMEs and large enterprises to enter and grow in this region are a few factors driving the adoption of cloud computing in this region.

Organizations are working on optimizing both application performance and ensuring good customer experience. With the pressure to achieve greater business agility and satisfy their customers, cloud computing has become the core of how many businesses operate nowadays.

Who are the Key Community Cloud Providers?

Some of the leading providers of community cloud include

  • Amadeus IT Group SA
  • Atos SE
  • Google Inc.
  • Amazon Web Services LLC
  • Computer Sciences Corporation
  • IBM Global Services
  • Akamai Technologies, Inc.
  • Broadcom Inc.
  • Dell Inc.|
  • Cisco Systems

Community Cloud Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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Key Segments

By Component:

  • Hardware
  • Software
  • Services

By Application:

  • Backup and Recovery
  • Security and Data Privacy
  • Storage
  • Analytics
  • Others

By Industry:

  • BFSI
  • Telecom and IT
  • Media and Entertainment
  • Transportation & Logistics
  • Healthcare

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific

Check Related Links –

https://ourclass.mn.co/posts/d-printing-market-global-industry-analysis-size-share-growth-trends-and-forecast-2022-2032

https://bresdel.com/blogs/243266/3D-Printing-Market-By-System-Type-By-End-User-By

https://homment.com/3aKGLrC8oqT1lROaStUC

https://inobee.com/read-blog/91053

https://fonolive.com/article-details/632069cea49ae4b7820775ff

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Lane Departure Warning (LDW) Market to Garner Brimming Revenues by 2032

Over the forecast period of 2022-2032, the lane departure warning (LDW) market is expected to grow at a CAGR of 9.7%, reaching US$ 12.9 Bn by 2032.

All vehicles have sensors, and despite being well-equipped with mirrors, they have poor visibility, resulting in road accidents. As a result, all heavy-duty manufacturers are required to install LDW,. This is expected to augment sales in the market.

Automobile manufacturers are subjected to stringent passenger safety regulations imposed by various government bodies around the world. Expansion of the automotive sector, rising initiatives to promote the adoption of advanced technologies, and the development of structured safety features will continue pushing sales of LDW over the forecast period.

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Further, rising demand for premium and luxurious features in vehicles in emerging economies will create opportunities for growth in the market. Besides this, government initiatives mandating the use of LDW systems in heavy commercial vehicles in the transportation sector will drive the market in the forthcoming years.

“Increasing production and sales of luxury vehicles across the globe, along with rising adoption of ADAS in economy vehicles is expected to fuel the growth in the market in the forthcoming years,” says and FMI analyst.

Key Takeaways:

  • By technology type, sales in the ultrasonic sensors segment will account for 41.5% of the total market share in 2022.
  • Based on vehicle type, the passenger vehicle segment will dominate the market, accounting for more than 0% of the total market share.
  • In terms of sales channel, the OEM segment will expand at a considerable pace through 2032.
  • Total sales in the U.S. lane departure warning market will surpass a valuation of US$ 0.2 Bn in 2022.
  • The China lane departure warning market will offer an absolute dollar opportunity of US$ 0.7 Bn over the forecast period.
  • Germany will dominate the Europe lane departure market, accounting for 25.1% of the Europe market share in 2022.

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Competitive Landscape

Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Continental AG, Magna International, Mobileye are some of the leading players operating in the global LDW market.

Manufacturers /developers of LDW systems are focusing on the development of novel technologies to improve the performance and function of LDW systems in various vehicles.

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More Insights into the Lane Departure Warning (LDW) Market Report

In its latest report, FMI offers an unbiased analysis of the global lane departure warning (LDW) market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of technology type (ultrasonic sensor, lidar sensor, radar sensor, camera sensor, infrared sensor, and pressure sensor), sales channel (OEM and aftermarket) and vehicle type (passenger vehicles, light commercial vehicles and heavy commercial vehicles) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

Top Reports Related To Automotive Market Insights

Autonomous Vehicles Market : size is expected to be valued at US$ 35,282.8 Million in 2022. The overall demand for Autonomous Vehicles is projected to grow at a CAGR of 10.9% between 2022 and 2032, totaling around 99,451 million by 2032.

Automotive Seating Market : is likely to be valued at US$ 52,941.6 million in 2022 and is predicted to secure a slow-paced CAGR of 3.40% during the forecast period. The market is expected to grow at a value of US$ 73,960.9 million by 2032.

Automotive Foams Market : demand is anticipated to be valued at US$ 42,300.0 Million in 2022, forecast to grow at a CAGR of 11.2% to be valued at US$ 122,289.2 Million from 2022 to 2032.

Automotive Electronics Market : demand is anticipated to be valued at US$ 300,332.43 Million in 2022, forecast to grow at a CAGR of 7.30% to be valued at US$ 607,574.4 Million from 2022 to 2032.

Automotive Air Filter Market : is expected to be valued at US$ 5,321.3 Million in 2022, and is projected to reach US$ 6,680 Million by 2032.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Front Collision Warning Market to Witness a Healthy Growth by 2032

The global front collision warning market is projected to expand at a firm 14.5% CAGR during the forecast period between 2022 and 2032.

Front collision warning (FCW) system is an ADAS feature in-built in vehicles to warn drivers if they are approaching any collision in the form of an obstruction or car in its path. The demand for advanced driver assistance system (ADAS) is estimated to grow in tandem with surging passenger vehicles with advanced safety features globally.

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Forward collision warning systems use radar, LIDAR, camera and ultrasonic sensors to scan the road while driving and detect any obstruction coming the way. Forward collision warning system is also known as a collision avoidance or collision mitigation system. The front collision warning systems demand is driven by factors like increasing sales of luxury vehicles and increase in demand of autonomous vehicles in regions like North America, Europe and others.

As per FMI, the global front collision warning market is expected to be dominated by Europe. Front collision warning market in Europe is projected to top US$ 4,222.0 Mn by 2032.

“Front collision warning systems are intended to assist drivers in avoiding rear- end vehicle crashes. Increasing safety awareness among drivers and surging focus on road safety are expected to boost the demand for these systems in the forecast period,” says an FMI analyst.

Key Takeaways:

  • The ultrasonic sensor segment is projected to hold approximately 3% of the total market share in 2022.
  • The OEM segment is anticipated to grow at 14.5% CAGR through 2032.
  • Europe will emerge as an attractive front collision warning market globally and is expected to create an incremental dollar opportunity of US$ 3,193.3 Mn in the forecast period.
  • Passenger vehicle segment is expected to reach about US$ 7,823.3 Mn by end of the forecast period.

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Competitive Landscape         

Key market participants in the front collision warning market elaborated in the report include Continental AG, Robert Bosch GmbH, Magna International, Delphi Automotive, ZF Friedrichshafen, Denso Corporation, Gentex Corporation, Honeywell International Inc., Wabtec Corporation and others.

The global front collision warning market is dominated by a few large players. Major players focus on providing a wide range of high- tech safety features designed to reduce crashes, reduce driver distraction and enhance comfort for vehicle drivers. The major players in the market also aim at improving vehicle safety by helping avoid accidents of vehicles. They are focusing on increasing the manufacturing capacity as well as focusing on advanced technology development for vehicles. For instance:

  • In Feb 2020, Continental AG announced the opening of a new manufacturing plant in US. The purpose is expansion of production capacity of radar sensors for advanced driver assistance systems and expand the company’s market position as well.

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More Insights into the global front collision warning market Report

In its latest report, FMI offers an unbiased analysis of the global front collision warning market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on Technology (Ultrasonic Sensor, Lidar Sensor, Radar Sensor, Camera Sensor, Infrared Sensor, Pressure Sensor), By Sales Channel (OEM, Aftermarket), by vehicle type (Passenger Vehicles, LCV, HCV) & By Region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

About Future Market Insights – Automotive

The research report analyzes demand for automotive front collision warning systems. The global vehicle market has been analyzed upon Covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of products, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

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Automotive Belts Market : is poised to grow at a CAGR of 3.9% during the forecast period. This is expected to exceed US$ 13,902.6 million in 2022 to reach US$ 20,473.5 million in 2032.

Automotive Radar Market : is expected to reach a valuation of US$ 4,614.5 Million in 2022. The expanding scope of application and technology innovation are projected to be the market’s primary growth drivers.

Aerospace Fasteners Market :  is likely to be valued at US$ 7,834.5 million in 2022 and is predicted to secure a moderate-paced CAGR of 6.4% during the forecast period.

Automotive Carbon Brake Rotors Market : is projected to grow at a CAGR of 7.6% and is expected to exceed US$ 5521.3 million in 2022 to reach US$ 11485.9 million by 2032.

Automotive AC Compressor Market :  due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 13,696.2 Mn by 2032, up from US$ 9,342.1 Mn in 2022.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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Automotive ADAS (Advanced Driver Assistance Systems) Market to Witness Stunning Growth by 2032

Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032.

Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is to prevent deaths and injuries by reducing the number of car accidents and serious impact of those that cannot be avoided. ADAS manufacturers/ developers have developed systems focusing their efforts on making driving experience safer and having human less human interference. As a result, the advance driver assistance system industry is predicted to grow steadily in the future.

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Strict regulations imposed on car manufacturers by various government bodies around the world promoting passenger safety will aid overall growth of the market. During the forecast period, growth in the automotive industry, combined with rising government initiatives to adopt advanced technologies, develop increasingly structured safety features, and a rising trend of government and consumer adoption of autonomous vehicles will open new revenue paths for the global ADAS market.

During the forecast period, the global ADAS market will benefit from an increase in per-capita consumer spending power in developing economies, as well as an increase in demand for premium and luxurious features in their vehicles. However, high initial costs and an increase in malfunctioning components may limit the global ADAS market growth. Nonetheless the market is predicted to grow due to rising demand from emerging countries such as China, India, Germany and others.

Key Takeaways from Market Study

  • By ADAS type, night vision system (NVS) sales are expected to grow at a CAGR of 9% in global market.
  • By technology type, ultrasonic sensor and radar sensor segment is expected to lead with a market share of more than 0%.
  • By vehicle type, the passenger vehicle segment will dominate the market with more than 71% of the market share.
  • In terms of region, South Asia and Pacific is predicted to exhibit a CAGR of 12.4%.

“The swift expansion of the automotive sector has resulted in an increase in car production, accelerating the growth of the advance driver assistance system market. The market will gain traction in response to the rising demand for safe care driving and implementation of regulations ascertaining improved road safety.” says a Future Market Insights analyst.

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ADAS Market by Category

By System:

  • Adaptive Cruise Control (ACC)
  • Automotive Emergency Braking (AEB)
  • Adaptive Front Light (AFL)
  • Blind Spot Detection (BSD)
  • Driver Monitoring System (DMS)
  • Forward Collision Warning (FCW)
  • Lane Departure Warning (LDW)
  • Night Vision System (NVS)
  • Park Assist (PS)
  • Tire Pressure Monitoring System (TPMS)

By Technology:

  • Ultrasonic Sensor
  • Lidar Sensor
  • Radar Sensor
  • Camera Sensor
  • Infrared Sensor
  • Pressure Sensor

By Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Vehicle Type:

  • Passenger Vehicle
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

TOC Continued..!

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Advance Driver Assistance System Market Competitive Landscape

Among the industry’s key players are Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Robert Bosch GmbH, Continental AG, Magna International, Mobileye and others.

Manufacturers in the global advance driver assistance system market are focusing on the development of new ADAS type with decreased human interference and increased accountability.

About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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Automotive Stamping Market : is projected to reach a value pool of US$ 10,490.0 Million in 2022, registering a modest CAGR of 5.3% from 2022 to 2032.

Automotive Seating Systems Market : reached a valuation of US$ 65,462.4 Million in 2022. The expanding scope of application and technology innovation are projected to be the market’s primary growth drivers.

Automotive Conversion Kit Market : demand is anticipated to be valued at US$ 3,746.8 Million in 2022, forecast to grow at a CAGR of 5.5%to be valued at US$ 6,490.9 Million from 2022 to 2032.

Automotive Soft Trim Interior Materials Market : size is anticipated to expand from US$ 5743.6 million in 2022 and is projected to reach US$ 9179 million by 2032, indexing a CAGR of 4.8% by the end of the forecast period.

Automotive Front End Module Market : due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 22,290.4 Mn by 2032, up from US$ 12,132.4 Mn in 2022.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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Driver Monitoring System Market Size, Analysis, Players, Target Audience and Forecast to 2032

Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032.

The driver monitoring system market will gain from the surging demand implementation of stringent regulations mandate the use of advanced technology like driver monitoring system to prevent unforeseen road accidents. The fundamental technologies for this system are still lidar and camera sensors. As a result, in terms of technology type, infrared and camera sensors account for roughly 70 percent of the DMS marker.

An increase in road-safety awareness as a result of an increase in various on-road incidents caused by the negligent or distracted driving is the primary driver for the driver monitoring systems (DMS) market. According to a report released by the World Health Organization (WHO) in 2020, road accidents claim the lives of approximately 1.35 million people each year.

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DMS are essential for Level 3 and 4 self-driving or autonomous vehicles, which require drivers to re-engage and ready to control the vehicle at vital points during the trip. Increase in Autonomous vehicle as well as regulation governing them, is estimated to create lucrative opportunities for the market in the forecast period.

Key Takeaways from Market Study

  • By technology type, infrared sensor sales are expected to grow at a CAGR of 6% in the global market.
  • By vehicle type, the passenger vehicle segment will dominate the market with more than 76% of the market share.
  • By sales channel, the OEM segment will lead the Driver Moniitoring System Market and is anticipated to create an absolute dollar opportunity worth US$ 4 Bn
  • In terms of region, North America is predicted to exhibit a CAGR of 5%.

“Increasing implementation of stringent road safety regulation coupled with growing awareness regarding importance of driver alertness while driving will create the crux of opportunities in the market,” says a Future Market Insights analyst.

Key Segments Covered in Driver monitoring system Industry Analysis

Driver monitoring system Market by Technology :

  • Ultrasonic Sensor
  • Lidar Sensor
  • Radar Sensor
  • Camera Sensor
  • Infrared Sensor
  • Pressure Sensor

Driver monitoring system Market by Sales Channel :

  • OEM
  • Aftermarket

Driver monitoring system Market by Vehicle Type :

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Driver monitoring system Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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Driver Moniitoring System Market Competitive Landscape

Among the industry’s key players are

  • Continental AG
  • ZF Friedrichshafen AG
  • Mobileye
  • Aptiv Plc
  • Veoneer Inc.
  • Valeo SA
  • Magna International
  • Aisin Seiki Co., Ltd
  • Texas Instruments Incorporated
  • NXP Semiconductors N.V
  • Renesas Electronics Corporation
  • Intel Corporation
  • Hitachi, Ltd. and others

Manufacturers are strategically collaborating with technology partners for long suplly relation and to intrigate a central control unit for different ADAS technologies.

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Summary:

The research report analyses the market demand trend for driver monitoring system. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the driver monitoring system market report is studied and analyzed in the following segments such as by technology type, sales channel, vehicle type & regions. The driver monitoring system market report gives us qualitative and quantitative information about the companies.

About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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Automotive Wheel Rims Market : is expected to be valued at US$ 44,944.6 Million in 2022 and is expected to grow at a healthy 6.20% CAGR during the forecast period from 2022 to 2032, reaching US$ 82,020.5 million by 2032.

Green Tire Market : was valued at US$ 28.6 Bn in 2021 and is likely to touch a valuation of US$ 31.1 Bn in 2022.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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