Automotive Active Roll Control System Market Emerging Growth Analysis, Future Demand and Business Opportunities 2032

Automotive active roll control system (ARC) acts when a vehicle when subject to cornering forces. It can decrease the magnitude of sprung mass or roll angle of the vehicle and can improve the passenger’s comfort and vehicle dynamics.

During the projection period of 2022–2032, sales of automotive active roll control systems are anticipated to grow steadily at a CAGR of 4 percent, reaching a worth of US$ 4.5 Bn. The growing demand for safe and comfortable cars is the main driver of the automotive active roll control system market’s expansion.

The automotive active roll control system contains two sub-systems, i.e., electric active roll control (EARC) and hydraulic active roll control (HARC). The electric unit determines the direction and magnitude of the hydraulic pressure according to the vehicle’s instability and the hydraulic unit regulates the pressure in actuators. The actuators provide the force to counteract the cornering force and reduce the vehicle’s roll angle.

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Furthermore, the automotive active roll control systems can improve the safety rating of a vehicle and minimize the probability of an accident due to rollover or instability. The new premium and sport utility vehicles (SUVs) generally have automotive active roll control system, which provides better stability and comfort. There are two main types of automotive active roll control systems available in the market, namely rotary actuators and linear actuators.

Automotive Active Roll Control System Market: Dynamics

Automotive active roll control system helps to improve the vehicles response to accidents caused by rollovers and improve the overall stability of a vehicle. The increasing demand for comfortable and safe vehicles is expected to be the key factors contributing to the growth of the automotive active roll control system market.

Additionally, stringent governmental regulations regarding vehicles safety rating is also projected to propel the growth of the automotive active roll control system market over the forecast period.

Furthermore, new technological developments in the automotive active roll control system are creating growth opportunities for the manufacturers operating in the automotive market. Electrical vehicles are also equipped with automotive active roll control system, which expected to drive the growth of the automotive active roll control system market during the forecast period.

However, the active roll control system is costly and only limited to the premium and mid-end vehicles. Also, the retrofit of the system in existing vehicles is very complex which is expected to hamper the growth of automotive active roll control system market over the forecast period.

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Automotive Active Roll Control System Market: Regional Outlook

North America is estimated to witness prominent growth in the global automotive active roll control system market owing to growing adoption of the system in passenger and commercial vehicles due to stringent governmental regulations regarding road safety.

The European New Car Assessment program (EuroNCAP) is launched by the European Commission to educate the car buyers regarding the potential safety benefits, which is expected to increase the demand for automotive active roll control system and drive growth of the automotive active roll control system market in Europe during the forecast period.

China and Asia Pacific excluding China are expected to witness promising growth in the global automotive active roll control system market due to growing awareness regarding road safety to minimize the number of road accidents.

Automotive Active Roll Control System Market: Participants

Some of the market participants in the global automotive active roll control system market are:

  • Schaeffler AG
  • Robert Bosch GmbH
  • BWI Group
  • Continental AG
  • WABCO
  • Ford Motor Company
  • Volvo Car Corporation
  • Volkswagen
  • Mercedes-Benz
  • Porsche AG
  • BMW
  • Hitachi Automotive Systems, Ltd.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Automotive Active Roll Control System Market: Segmentation

Automotive active roll control system market can be segmented into actuator type, vehicle type, distribution channel, and region.

On the basis of actuator type, the global automotive active roll control system market is segmented into:

  • Rotary Actuator
  • Linear Actuator

On the basis of vehicle type, the global automotive active roll control system market is segmented into:

  • Passenger Vehicles
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

On the basis of distribution channel, the global automotive active roll control system market is segmented into:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Aircraft Pushback Tugs Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2032

Aircraft pushback tugs come under aircraft ground support equipment (GSE). Aircraft pushback tugs are used to push and tow aircraft in hangar, ramp, and terminal areas at the airport. Aircraft pushback tugs push the aircraft backward to transport aircraft to any location on the airport. In any airport, ground support equipment are essential for proper airport management and pushback tugs play an important role in it.

During the forecasted period from 2022 to 2032, sales of Aircraft pushback tugs are expected to grow globally at a stable CAGR of 5.4 percent, reaching about US$ 6.5 Bn by 2032. The rapidly expanding global aviation industry is a key factor driving growth in the market for Aircraft pushback tugs.

Furthermore, aircraft pushback tugs are available in many shapes and sizes. The main type of aircraft pushback tugs are conventional pushback tugs and towbarless pushback tugs. Conventional tugs use a tow bar to connect the tug to the nose landing gear of an aircraft.

However, towbarless tugs directly lift off the nose landing gear and move the aircraft. Conventional pushback tugs are commonly used by most of the airports, but towbarless pushback tugs provide better control and higher speed.

Aircraft pushback tugs are commonly used ground support equipment (GSE) and provide better speed and control when compared to tow trucks. The introduction of new technologies such as remotely operated aircraft pushback tugs, offer safe and efficient management of an airport.

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Aircraft Pushback Tugs Market: Dynamics

With growing urbanization, the need for a safer and comfortable way to travel is increasing. Also, the growing demand for better transportation solutions for goods as well as for passengers is pushing the growth of the global airline industry at a significant rate.

The growing airline industry is projected to relatively increase the demand for new aircraft & airport ground support equipment and is projected to propel the aircraft pushback tugs market at a significant rate over the forecast period.

Furthermore, the number of new airports is increasing in emerging countries. The expansion and up-gradation of airport infrastructure is expected to drive the aircraft pushback tugs market over the forecast period.

However, there are various safety issues related to pushback tugs. Also, the high investment required is anticipated to hamper the growth of the aircraft pushback tugs market over the forecast period.

Aircraft Pushback Tugs Market: Regional Outlook

The Asia Pacific is expected to be the most lucrative market for aircraft pushback tugs, owing to emerging economies of China, Japan, and India. The growing population of the region and increasing air traffic is pushing the growth of airline industry in the region.

The increasing number of airports and the relatively increasing demand for new aircraft ground support equipment is expected to significantly increase the demand for aircraft pushback tugs in that region. The Middle East and Africa region is expected to show significant growth in the aircraft pushback tugs market over the forecast period owing to the increasing air traffic and airline industry in the region.

Furthermore, Europe is expected to have prominent growth in the aircraft pushback tugs market, owing to the increasing demand for aircrafts and the expansion of airport infrastructure. North America is projected to have decent growth in the aircraft pushback tugs market owing to the increasing spending on airport infrastructure and growing airline transportation.

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Aircraft Pushback Tugs Market: Market Participants

Some of the market participants in the global aircraft pushback tugs market are:

  • TUG Technologies Corporation
  • Mototok International GmbH
  • Aero Specialties, Inc.
  • Goldhofer Airport Technology GmbH
  • Eagle Tugs
  • Charlatte of America Inc.
  • NMC-Wollard, Inc.
  • Victory Ground Support Equipment
  • Tronair, Inc.
  • Nepean Engineering & Innovation Pty Ltd.
  • Lektro Inc.
  • TLD

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Aircraft Pushback Tugs Market: Segmentation

Aircraft pushback tugs market can be segmented into product type, power source, mode of operation, and region.

On the basis of product type, global aircraft pushback tugs market is segmented into:

  • Conventional Pushback Tugs
  • Towbarless Pushback Tugs

On the basis of power source, global aircraft pushback tugs market is segmented into:

  • Electric
  • Fuel

On the basis of mode of operation, global aircraft pushback tugs market is segmented into:

  • Manually Operated
  • Remotely Operated

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Cosmetics ODM Market Sales Projection, Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

The global cosmetics ODM market was valued at ~US$ 11 Bn in 2018, and is expected to increase at a CAGR of ~6% between the forecast period of 2019 and 2029. This growth is majorly driven by the expansion of the urban population across the globe, characterized by the urban upper class and high net worth individuals.

A new market research report by Future Market Insights on the cosmetics ODM market includes the global industry analysis 2014–2018 and opportunity assessment 2019–20289. The report investigates the cosmetics ODM market and provides critical insights for the forecast period of 2019-2029.

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The global cosmetics ODM market is projected to experience significant growth over the forecast period due to multiple driving factors such as higher demand for personal grooming across the globe, which is supported by the increasing urban population. Increasing population, predominantly in the developing regions such as Asia Pacific and MEA, is projected to support the growth of the cosmetics ODM market over the forecast period.

Europe’s Market Attractiveness Rising

Regions such as North America and Europe are expected to hold prominent market shares in terms of value. However, the South Asia market is expected to project lucrative growth in the global cosmetics ODM market over the forecast period of 2019-2029. This growth is propelled by the rapid growth in the beauty and personal care industry in the countries of South Asia, which include India and ASEAN countries, among others. The economic condition of the South Asian countries has been developing positively.

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Furthermore, owing to the rise in mergers & acquisitions, along with the diversification of the product portfolios of prominent players, are among the most important trends in the cosmetics ODM market. Prominent players in the cosmetics ODM market are focused on enhancing their presence and expanding their market shares through diverse inorganic activities such as mergers and acquisitions. In 2016, HCP acquired SIMP for the manufacture and development of cosmetic plastic applicators and rubber technical parts for the beauty industry. The objective of this acquisition was to expand its portfolio of products related to the global cosmetics ODM market

Prestige Brand and Mass Brands to Remain Among the Key End Users

The global market of cosmetics ODM has been segmented on the basis of different types of cosmetic products, their multiple end-use brands, and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.

On the basis of end use, the prestige brand segment is expanding at a value share of ~ 60% over the forecast period. On the basis of packaging format, the revenue share of the pumps and dispensers segment is expected to account for ~ 30% by the end of 2029. By geography, Europe is expected to dominate the global cosmetics ODM market, accounting for a revenue share of ~ 25% by the end of 2029.

Cosmetics ODM Market: Vendor Landscape Analysis

The report highlights some of the prominent market players, who have established themselves as leaders in the global cosmetics ODM market. Some of the examples of key players in the global cosmetics ODM market are RPC Group Plc., Nox Bellcow Cosmetics Co., Ltd., Cosmax Co., Ltd., Intercos Group, Kolmar Korea Co., Ltd., Cosmecca Korea Co. Ltd, Nihon Kolmar Co., Ltd., Global Cosmetics (HK) Company Limited, and Chromavis S.P.A.

The global cosmetics ODM market is significantly consolidated with some players holding prominent shares of the market. These players are as Cosmax Co., Ltd., RPC Group Plc, Toyo Beauty Co., Ltd., and Kolmar Korea Co., Ltd., among others.

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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.

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Weigh in Motion System Market Key Manufacturers, Development Trends and Competitive Analysis 2032

The Weigh in Motion system is a set of software and devices which is used for measurement and recording the weight of moving vehicles. Road traffic administrations, bridge designers, control agencies, research organizations can obtain gross weight information and reliable axle weight information from moving vehicles using a Weigh in Motion System.

The primary application of Weigh In Motion system  is for determining vehicle characteristics such as gross vehicle weight (GVW), speed, axle weight, axle spacing. It helps in improving roadway safety, reducing accident risk and preventing road surface damages.

During the projected period, the weigh in motion system market is anticipated to deepen its roots in the global market at a moderate CAGR of 10.3%. The global market is expected to generate US$ 1.04 billion in revenue in 2022 and US$ 2.55 billion by the end of 2032.

The Weigh in Motion system is also used for weight-based toll collection. Due to increasing commercial transportation requirements, the demand for Weigh in Motion system is expected to escalate in the forecast period.

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Weigh In Motion system Market: Dynamics

The benefits of Weigh in Motion system include providing road safety, road management, overload vehicles detection, cost reduction, traffic monitoring and analysis. Weigh in Motion system enables the local authorities and transportation departments to plan systematically by ensuring that the roads are kept safe with continuous monitoring, recording, and law enforcing techniques.

Weigh in Motion system have applications in rail transport also. Some of those applications are imbalance and overloading monitoring and, management, maintenance planning, legislation and regulation, etc. These are the factors projected to drive the growth in weigh on motion system market.

However, high initial investments and restrictive installation stipulations of nonintrusive sensors requirement are the factors expected to hamper the growth in Weigh in Motion system market. By virtue of industrial developments the commercial heavy vehicles transport is increasing at significant pace to control the traffic and monitor the implementation of regulations the installations of Weigh in Motion system are required.

With technological advancements the manufacturers are focusing developments in order to achieve maximum share in global Weigh in Motion system market. Strain gauge sensor, fibre optics sensor, and fibre Bragg grating sensor based Weigh in Motion system are being developed for improved performance.

Weigh in Motion system Market: Regional Outlook

North America is projected to account for the largest share in global Weigh in Motion system market, followed by Europe. The U.S. and Canada are major markets for Weigh in Motion system in North America. The growth in this region is attributed to increase in adoption of Weigh in Motion system along with rise in adoption of advanced technology.

Europe is anticipated to have prominent share in the global weigh in motion market in the forecast period owing to the increased freight transport and free movement of goods between the European countries.

The market for Weigh In Motion system in Asia Pacific region is estimated to be the fastest growing market by virtue of increasing investments in smart traffic management, intelligent transportation system, and smart cities, especially in China and India.

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Weigh In Motion system Market: Key Participants

  • Kapsch TrafficCom AG
  • Q-Free
  • METTLER TOLEDO
  • Avery Weigh-Tronix
  • TE Connectivity
  • International Road Dynamics
  • Kistler
  • Transcore Reno A&E
  • Axis Communications
  • EFKON
  • International Road Dynamics Inc
  • SWARCO AG
  • FLIR Systems
  • Raytheon Company
  • Sensys Networks, Inc
  • LeddarTech Inc.
  • Cross Zlin
  • SICK AG

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Weigh In Motion system Market: Segmentation

The global Weigh in Motion system market can be segmented on the basis of system type, mounting, component type, application.

By Component, the global Weigh in Motion system market is segmented as:

  • Hardware
  • Sensor Array
  • Control & Measurement Systems
  • Processing & Reporting Systems
  • Support Devices & Infrastructure
  • Software

By Technology, the global Weigh in Motion system market is segmented as:

  • Load Cell
  • Strain Gauge Strip
  • Bending Plate
  • Piezoelectric Sensor
  • Other

By Installation, the global Weigh in Motion system market is segmented as:

  • Weigh Bridge System
  • Onboard System
  • Pavement/In-Road System

By End User, the global Weigh in Motion system market is segmented as:

  • Roadways
  • Railways
  • Ports & Logistic Hubs
  • Process Industries
  • Aviation

By Application Speed, the global Weigh in Motion system market is segmented as:

  • Low Speed (<15 km/hr)
  • High Speed (>15 km/hr)

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Electro-Pneumatic Train Brakes Market Size, Analysis, Top Players, Target Audience and Forecast to 2032

Electro-pneumatic train brakes are modern rolling stock braking systems that offer improved performance as compared to traditional pneumatic brakes. Electro-pneumatic train brakes are a part of train safety systems and are thus critical components. Hence, with the increase in train production and repair activities, the demand for electro-pneumatic brakes is expected to witness significant growth in the coming years.

The market for electro-pneumatic train brakes is anticipated to reach US$ 14,600 Million by 2032, increasing at a CAGR of 4.9 percent from 2022 to 2032, and be valued at US$ 9,050 Million in 2022.

Modern rolling stock braking systems, such as electro-pneumatic train brakes, outperform conventional pneumatic brakes in terms of performance. Train safety systems must have electro-pneumatic train brakes as a necessary component.

Railway is an effective, reliable and preferred means of mass transportation for passengers and freight. With technical advancement and increasing train speed and load, train brakes have also evolved to reliably and safely stop the train. Electro-pneumatic train brakes are designed to overcome the operational lag of the traditional pneumatic braking systems. They use electronic controls for the faster control of traditional air brakes to increase effectiveness, enhance reliability, optimize air pressure control and reduce stopping distance.

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Electro-Pneumatic Train Brakes Market: Market Dynamics

Railways are an integral part of public transportation systems and are expected to play a crucial role in the years to come, owing to the increasing passenger density and globalization across regions. Governments around the globe are significantly investing towards the development of railway infrastructure, which has been driving the growth of the electro-pneumatic train brakes market. Furthermore, with technical advancement, high speed trains are gaining traction and such trains require reliable and high speed and load braking systems. Moreover, to meet the growing demand for transportation, authorities across various countries are investing on strengthening their railway networks, which is expected to augment the growth of the electro-pneumatic train brakes market. Further, with the increasing inclination towards safety and security along with the stringent rules & regulations implemented by authorities and governments of developed and developing countries regarding the safety of passengers and freight is a prominent driver for the growth of the electro-pneumatic train brakes market.

Market participants across the global electro-pneumatic train brakes market are emphasizing on improving the robustness and reliability of their electro-pneumatic braking systems. Hence, increasing research & development activities towards product enhancement, supported by government initiatives and funding, are expected to drive the growth of the electro-pneumatic train brakes market over the forecast period. However, high initial cost and presence of counterfeit products from China-based manufacturers are countering the growth of the market to an extent.

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Electro-Pneumatic Train Brakes Market: Segmentation

The global electro-pneumatic train brakes market is segmented on the basis of brake type and train type.

On the basis of brake type, the global electro-pneumatic train brakes market can be segmented as:

  • Self-lapping brakes
  • Retardation controllers
  • Variable load control
  • P-wire control

On the basis of train type, the global electro-pneumatic train brakes market can be segmented as:

  • Passenger trains
  • Freight trains
  • Metro trains
  • High speed trains
  • Others

Electro-Pneumatic Train Brakes Market: Regional Outlook

Europe is expected to hold a significant share of the global electro-pneumatic train brakes market. The market in the region is expected to be driven by the increasing need for repair and refurbishment. The North America electro-pneumatic train brakes market is expected to be a lucrative region for market participants, with growth being driven by the increasing demand for trains in the region. Asia Pacific, with booming industrialization, rapid urbanization and population growth, is witnessing a need for a proper transport network, which is set to augment the growth of the electro-pneumatic train brakes market during the forecast period. The electro-pneumatic train brakes market in developing countries such as China and India is expected to witness significant growth during the forecast period, owing to the increasing government investments for the development of public transport and high-speed train networks in the country. The Middle East & Africa electro-pneumatic train brakes market is expected to grow at a relatively moderate pace when compared with other regions.

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Electro-Pneumatic Train Brakes Market: Market Participants

Examples of some of the market participants operating in the global electro-pneumatic train brakes market include

  • Knorr Brake Company
  • Wabtec Corporation
  • DAKO-CZ A.S.
  • Mitsubishi Heavy Industries Ltd.
  • JSC MTZ TRANSMASH
  • Nabtesco Corporation
  • Akebono Brake Industry Co. Ltd.
  • Escorts Limited
  • Parker Hannifin Corporation
  • Voith Gmbh & Co. KGaA
  • Schaltbau GmbH

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Automotive Grade Inductors Market Key Insights, Profiling Companies and Growth Strategies by 2032

Automotive grade inductors are current-inducing devices that have electromagnetism property. They comprise a passive two-terminal electrical component that stores energy in a magnetic field when the electric current flows through automotive grade inductors. Automotive grade inductors are mostly made by ultra-thin mixture of nickel zinc ferrite, manganese, powder iron, and metal alloy. Moreover, the automotive grade inductors are installed in the vehicle to offer noteworthy AC and DC resistance and to enhance the working of the accessories. Moreover, automotive grade inductors are used to maintain the flow of current and supply filtered current to the vehicle’s accessories, such as information devices, entertainment devices, and LED lights, among others. Owing to their application as current controlling devices for electrically operated accessories, the automotive grade inductors market is expected to witness significant growth during the forecast period.

Demand for automotive grade inductors is expected to reach US$ 2,800 million in 2022 and is projected to increase at a CAGR of 3.20 percent from 2022 to 2032, when it is expected to reach US$ 3,836.56 million. The market, which had a value of US$ 2,759 Million as of 2021, is expected to increase at a Y-o-Y rate of 1.5 percent by 2022.

Its robust AC and DC current-resistance characteristic and current-regulating mechanism, which improve the functionality of the automobile accessories, are credited with its growth. Additionally, it controls the flow of current to automotive electronics like LED lights and in-car infotainment systems.

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Automotive Grade Inductors Market: Dynamics

Increasing adoption of accessories in vehicles to increase the efficiency of the operations is expected to drive the growth of the automotive grade inductor market over the slated time period. Moreover, governmental regulations pertaining to automotive electronic parts such as AEC-Q200 are consequently projected to create immense growth opportunities for the manufacturers of automotive grade inductors and drive the growth of the global automotive grade inductor market during the forecast period.

In the automotive sector, new technologies are introduced to enhance the working of a vehicle, which is consequently expected to hamper the sale of automotive grade inductors in the coming years.

The manufacturers of automotive grade inductors are focusing on to develop high performance automotive grade inductors to withstand in extreme temperature, with wide band electrical noise and increase the efficiency of the vehicle.

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Automotive Grade Inductors Market: Segmentation

The global automotive grade inductors market can be segmented based on inductance range, vehicle type, and sales channel.

By inductance range, the automotive grade inductor market is segmented into:

  • Less than 1 micro henry
  • 1 to 10 micro henry
  • 10 to 20 micro henry
  • 20 to 30 micro henry
  • 30 to 40 micro henry
  • More than 40 micro henry

By vehicle type, the automotive grade inductor market is segmented into:

  • Passenger Car
  • Compact
  • Mid-Size
  • Luxury
  • SUV
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By sales channel, the automotive grade inductor market is segmented into:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Automotive Grade Inductors Market: Regional Outlook

Europe is expected to witness noteworthy growth in the global automotive grade inductors market during the slated time period owing to increasing vehicle production as well as rising demand for passenger vehicles. North America is also projected to witness sizable growth in the global automotive grade inductor market over the slated time period. In North America, consumers highly prefer old vehicles for daily use, they do not purchase new vehicles, which in turn is expected to increase the volume share of the aftermarket segment. Asia Pacific is projected to grow at a considerable growth rate in the global automotive grade inductors market owing to increasing number manufacturers of passenger car coupled with increasing penetration of electrically operated accessories. The Middle East & Africa region is expected to witness moderate growth in the global automotive grade inductors market owing to limited manufacturing facilities.

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Automotive Grade Inductors Market: Key Participant

Some of the market participants in the automotive grade inductors market identified across the value chain are:

  • Mouser Electronics, Inc.
  • Laird Technologies
  • TDK Corporation
  • Abracon
  • TTI, Inc.

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Automotive NFC Market Competitor Analysis, Winning Strategies and Growth Drivers 2032

The continuously changing world and the technological enhancement in the field of communication becoming more connected thereby creating the need to boosting the technology in an automobile at a faster pace- automotive radar, NFC (Near Field Communication), cellular connectivity, and wireless power are now integrated into the mid and high-end automobile. Automobile is no longer just a means of transportation but has been embedded with various communication interfaces and devices. Automotive NFC (Near Field Communication) is basically a short range bidirectional communication technology which allows interaction distance of few centimetres at a specified data transfer rate. Automotive NFC is a set of communication practice that allows two electronic equipment, among which is usually one is a portable device such as a smartphone, to establish communication by bringing them within the short distance of other which is fixed to the part. A subset of NFC, RFID appears to expand beyond mobile phones to automobile applications. This can be seen as a differentiating factor for many new in-car functions for the customers and also can simplify the existing in-car functions. Near-field communication stack for an automobile is a runtime software which implements the NFC protocol stack.

The global automotive NFC market is anticipated to grow at a CAGR of 30.2 percent from 2022 to 2032, reaching US$ 35 billion. In 2022, the market is expected to be worth US$ 3.26 billion, up from US$ 2.5 billion in 2021. The government’s increasing rules requiring the use of Advanced Driving Assistance Systems (ADAS) are anticipated to have a favourable impact on the market.

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Automotive NFC Market: Dynamics

Demand for Automotive NFC (Near Field Communication) is estimated to increase over the forecast period due to growing usage of vehicles and increasing preference by end users to have an convenient communication system installed in the vehicle. Automotive NFC consumption is highly dependent on the production and new sales of automobile across the globe. Attributes, such as rising per capita income and increased spending by the general population are expected to increase the sales of automobile in the developing economies which are expected to boost the consumption of Automotive NFC in the long-term scenario. Also, individual preference towards the adoption of new technology and innovative products is also expected to fuel the growth of the Automotive NFC market. Increase in the sales of high-end automobiles life have also increased the market of automotive NFC and anticipated to fuel the growth of Automotive NFC market over the forecast period as well.

Automotive NFC Market: Regional Outlook

Europe, followed by North America, is expected to hold a major share in the global Automotive NFC (Near Field Communication) market and is expected to behold it even in the forecast period. The Asia Pacific is expected to be the fastest growing market in the Automotive NFC market owing to high growth in new vehicle sales in the region. North America and Europe are a mature market and it is expected to hold more than half of the market share of the global Automotive NFC market. Rest of the world is estimated to account for a relatively small share of the Automotive NFC market.

Automotive NFC Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Automotive NFC market are:

  • Sony Corporation
  • NXP Semiconductors N.V.
  • Broadcom Inc.
  • Samsung Electronics Co. Ltd.
  • STMicroelectronics N.V.
  • Panasonic Corporation
  • Alpine Electronics Inc.
  • Smartrac N.V.
  • PREMO S.A.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Automotive NFC Market: Segmentation

Based on the type, the Automotive NFC market can be segmented as follows:

  • 106 Kbit/s
  • 212 Kbit/s
  • 424 Kbit/s

Based on the Application, the Automotive NFC market can be segmented as follows:

  • On Board Units
  • Car Keys
  • Other

Based on the sales channel, the Automotive NFC market can be segmented as follows:

  • Aftermarket
  • Original Equipment Manufacturer (OEM)

Based on the vehicle type, the Automotive NFC market can be segmented as follows:

  • Passenger Car
  • Compact
  • Mid-size
  • Premium
  • Luxury
  • SUV
  • Light commercial vehicle
  • Heavy commercial vehicle

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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 volume and 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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Automotive MEMS Sensor Market Key Players, Industry Overview, Applications and Analysis 2032

Automotive Micro-Electro-Mechanical Systems Sensors are computer systems that control and maintain the entire mechanical, electronic and electrical systems of the automobile. These systems are a combination at the nano-scale into NEMS (nanoelectromechanical systems) and nanotechnology. The application of MEMS inertial sensors has unlocked various desirable features that are among the most common features in automobiles these days.

The global market for automotive MEMS sensors is anticipated to reach US$ 2.41 billion in 2022 and to grow at a CAGR of 15% to reach US$ 9.75 billion by the end of the assessment period (2022-2032). The global adoption of technologically improved cars is responsible for the market’s expansion.

Micro-Electro-Mechanical Systems for Automobiles (MEMS) The entire mechanical, electronic, and electrical systems of the car are managed and controlled by sensors, which are computer systems. These systems combine NEMS (nanoelectromechanical systems) and nanotechnology at the nanoscale.

Several applications have become well-known because they have become universal in automobiles. Certain applications that have the most advanced features are mainly found in high-end models, however, they are destined to become standard. Automotive MEMS sensors can be classified based on functions such as crash sensing for airbag control, vehicle dynamic control, rollover detection, antitheft systems, electronic parking brake systems, vehicle navigation systems and others. Automotive MEMS sensors mainly consist of a microprocessor/central unit that processes data and several microsensors that interact with the surroundings. Commonly used materials for automotive MEMS sensor systems/semiconductor device fabrication are silicon, polymers and metals such as gold, nickel, aluminium, copper, tungsten, chromium, titanium, platinum, etc.

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Automotive MEMS Sensor Market: Regional Outlook

The Europe automotive MEMS sensor market, followed by the North America automotive MEMS sensor market, is expected to hold a major share in the global automotive MEMS sensor market during the forecast period. The Asia Pacific automotive MEMS sensor market is expected to be the fastest growing market in the automotive MEMS sensor market owing to an increase in the vehicle fleet in this region. Europe and North America are expected to hold more than half of the market share of the global automotive MEMS sensor market. Moreover, government initiatives to increase foreign direct investments in countries such as India and China to increase manufacturing, industrialisation and improving the standard of living of the general population are also expected to play an important role in the growth of the global automotive MEMS sensor market during the forecast period. However, the rest of the world is estimated to account for a relatively small share of the automotive MEMS sensor market.

Automotive MEMS Sensor Market: Market Participants

Some of the market participants operating across the value chain of the global automotive MEMS sensor market are:

  • Robert Bosch GmbH.
  • InvenSense, Inc.
  • General Electric Company
  • Analog Devices, Inc.
  • Panasonic Corporation
  • Hitachi, Ltd.
  • Sensata Technologies, Inc.
  • Infineon Technologies AG
  • Harman International

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The automotive MEMS sensor market report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis of the automotive MEMS sensors includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Automotive MEMS Sensor Market: Segmentation

Based on the applications, the automotive MEMS sensor market can be segmented as follows:

  • Crash Sensing for Airbag Control
  • Rollover Detection
  • Vehicle Dynamic Control
  • Electronic Parking Brake Systems
  • Antitheft Systems
  • Vehicle Navigation Systems
  • Others

Based on the sales channel, the automotive MEMS sensor market can be segmented as follows:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Based on the vehicle type, the automotive MEMS sensor market can be segmented as follows:

  • Passenger vehicles
  • Internal Combustion Engines
  • Hybrid Vehicles
  • Battery Electric Vehicles (BEV)
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

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Automotive MEMS Sensor 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 volume and 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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Traffic Sign Recognition System Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

Modern day vehicles are becoming more and more advance with technologies such as driver assistance systems, which helps the driver to gain better awareness of the road and its potential hazards. A traffic-sign recognition (TSR) system is one of these technologies, which can recognize a traffic sign placed beside the road such as, turn ahead, speed limit etc. Traffic Sign Recognition System is a part of ADAS (advanced driver assistance system).Traffic sign recognition system uses a camera mounted on the vehicle front to capture video of the roadside spaces. The process can be divided into two phases, which are detection and recognition. In the traffic sign detection process, the Traffic Sign Recognition System uses various methods to identify a road sign characteristics like, shape, color etc. In the recognition process, the Traffic Sign Recognition System identifies the information on the sign and displays output data to the driver.

The global traffic sign recognition system market is projected to grow at a CAGR of 3.5%, from US$ 37.81 Million in 2022 to US$ 53.34 Million in 2032.

Furthermore, most of the leading automotive companies are developing traffic sign recognition system to increase the safety rating of their vehicles. The stringent government regulations regarding the safety rating of a vehicle and the rising demand for driver assistance systems in automotive sector could create new growth opportunities for traffic sign recognition systems in the near future. However, the traffic sign recognition system is a high cost system.

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Traffic Sign Recognition System Market: Dynamics:

Traffic sign recognition system can improve a driver’s efficiency and can lead to the future generation of road safety technology. Increasing awareness about the consumer’s safety, and need for comfortable driving is expected to significantly increase the growth of traffic sign recognition system market. The government regulations and new laws to establish road safety, such as New Car Assessment Program (NCAP’s), in which every vehicle has a safety rating, increases the safety measures in new car design. Such policies and regulations are projected to help fuel the market growth of traffic sign recognition system over the forecast period.

However, the traffic sign recognition system is a high cost system and at present installed in only premium vehicles. The system still requires much more development efforts, and there is a need to reduce the rate and margin of error in the technology. Such restraining factors may hinder the growth of the global traffic sign recognition system market over the forecast period.

Traffic Sign Recognition System Market: Regional Outlook:

North America region is estimated to account for a prominent share in the traffic sign recognition system market owing to fast growing demand of advanced driver assistance systems for passenger and commercial vehicles and also due to stringent government regulations about road safety. The European New Car Assessment program (EuroNCAP) is launched by European Commission to provide car buyers the potential safety benefits which are scientifically proven leads manufacturers to increase safety measures in the vehicles. Such measures are expected to significantly increase the growth of traffic sign recognition system market in European region over the forecast period.

The market in Asia Pacific region, particularly China, is expected to witness promising growth in the traffic sign recognition system market owing to growing demand for premium segment cars, increasing road safety awareness and the regulations of government about road safety and minimum safety measures in a vehicle.

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Traffic Sign Recognition System Market: Market Participants:

Some of the market participants in the global traffic sign recognition system market are:

  • Ford Motor Company Ltd
  • DENSO CORPORATION
  • ZF Friedrichshafen AG
  • Robert Bosch GmbH
  • TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
  • Daimler AG
  • HELLA Aglaia Mobile Vision GmbH
  • Continental AG
  • Škoda Auto a.s.
  • dSPACE GmbH
  • Magna International Inc.
  • ELBIT
  • Elektrobit

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Traffic Sign Recognition System Market: Segmentation:

Traffic sign recognition system market can be segmented into Application, vehicle type and region.

On the basis of application:

  • Traffic Sign Detection
  • Blurring
  • Colour-based detection
  • Shape-based detection
  • Cropped and Extract features
  • Separation
  • Traffic Sign Recognition
  • Tesseract
  • Support Vector Machine (SVM)
  • Others (Template matching, SIFT etc.)

On the basis of vehicle type:

  • Passenger Cars
  • Commercial Vehicles

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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 volume and 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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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:

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Automotive Proportioning Valves Market Size, Share, Growth Trends, and Forecast Analysis to 2032

Automotive Proportioning valves are used in vehicle’s brake system to reduce the brake fluid pressure applied to each axle set of the brake system. Automotive Proportioning valves is a necessary component of the brake system connecting the master cylinder to the rest of braking system. Automotive Proportioning Valve is a spring loaded device. Automotive Proportioning Valves helps in adjusting the distribution of the brake force between the rear and front wheels and subsequently avoids the rear tires from locking up. Owing to increasing automotive sales and vehicle fleet, the demand for Automotive Proportioning Valves is also estimated to witness significant growth in the coming years. This in turn is expected to contribute to the growing market of Automotive Proportioning Valves across the globe during the forecast period.

The global automotive proportioning valves market size is anticipated to be valued at US$ 285.4 Million in 2032.

As per the report, sales in the global automotive proportioning valves market are projected to reach US$ 195.1 Million in 2022 and exhibit steady growth at a CAGR of 11.8% in the forecast period (2022-2032).

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Automotive Proportioning Valves Market: Dynamics

Sales of Automotive Proportional Valves is directly proportional to the automotive production and automotive fleet on road. Increasing demand for passenger cars is leading towards growing automotive production and automotive sales particularly in the developing regions. Growing automotive production is estimated to be key factor driving the demand for automotive proportioning valves across the globe. Increasing automotive sales is continuously adding to the total vehicle fleet across the globe. This in turn is anticipated to create significant opportunities in the aftermarket sales segment for Automotive Proportioning Valves market during the forecast period.

Growing popularity of an Electronic Brake Proportioning EBP particularly in the new model vehicles is estimated to be the key factor restraining the growth of global Automotive Proportioning Valves market during the forecast period. Late car models equipped with advanced features such as traction control, Anti-lock Braking System, and electronic stability do not prefer the usage of mechanical proportioning valve, instead the proportioning is handled by the ABS system, providing improved control and stability.

Growing customer’s traction as well as increasing government focus towards electric vehicles is expected to be an ongoing trend gaining momentum in the global automotive proportioning valves market. Rapidly growing electric vehicle market with expected fall in the manufacturing costs for all classes of electric vehicle is also considered to be one of the major factor propelling the demand for electric vehicles during the forecast period.

Automotive Proportioning Valves Market: Regional Outlook

The market for Automotive Proportioning Valves is expected to witness significant growth in the coming years owing to growing automotive industry across the developing region. Growing automotive production in countries such as Iran, India, ASEAN, Finland, Sweden, Russia, Netherlands, and Turkey is expected to create substantial opportunity in the Automotive Proportioning Valves market in Europe and Asia Pacific region during the forecast period. Growing market for electric vehicles in countries such as China and U.S. is also estimated to drive the demand for Automotive Proportioning Valves market in the coming years. Growing vehicle fleet in Latin America and Middle East & Africa region is also estimated to drive the demand for Automotive Proportioning Valves market during the forecast period

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Automotive Proportioning Valves Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Automotive Proportioning Valves market include:

  • ACDelco
  • Knorr-Bremse AG
  • Emmerson Electric Co.
  • Wilwood Engineering, Inc.
  • Heidts Automotive LLC
  • Veoneer-Nissin Inc
  • IBARA SEIKI CO., LTD.
  • Baer Brakes

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Automotive Proportioning Valves Market: Segment

The global Automotive Proportioning Valves market has been segmented by Product type, by vehicle type and by sales channel

On the basis of Product type, the global Automotive Proportioning Valves market has been segmented as:

  • Master Cylinder-Mounted Automotive Proportioning Valves
  • Load Sensing Automotive Proportioning Valves
  • Combination Valve-Mounted Automotive Proportioning Valves

On the basis of vehicle type, the global Automotive Proportioning Valves market has been segmented as:

  • Conventional Vehicles
  • Passenger Car
  • Compact Cars
  • Mid-size cars
  • SUVs
  • Luxury Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles

On the basis of Sales Channel, the global Automotive Proportioning Valves market has been segmented as:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and 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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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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