#Automotive electronics sensor aftermarket Market Demand

[bizworldinsights]

 Automotive Oxygen Sensor 

The Automotive Oxygen Sensor market, valued at US$ XX million in 2019, is projected to witness a steady CAGR of 3.8% during the forecast period. This electronic device plays a crucial role in measuring the oxygen levels in exhaust sensors, sending signals to the car's processing unit. This ensures optimal fuel-to-air ratio, preventing the engine from running too rich or too lean. Originally discovered in 1960 by Robert Bosch GmbH, the oxygen sensor has become an integral component of automotive exhaust systems.

Key Factors Driving the Global Oxygen Sensor Market Revenue

Technological Advancements: Miniaturization of integrated circuits is paving the way for next-gen oxygen sensors capable of performing in high temperatures. The implementation of microfibration technology is contributing to the development of state-of-the-art sensors for OEMs, fostering overall market growth.

Regulatory Compliance: Stringent regulations mandating proper carbon emission checks from automobiles are driving the demand for oxygen sensors. With transport being a significant source of global carbon emissions, oxygen sensors play a vital role in enhancing overall sustainability.

Market Challenges: While the automotive oxygen sensor market is poised for significant growth, challenges such as contaminants in the exhaust and damage from excessive unburned fuel systems contribute to sensor deterioration. Addressing replacement concerns remains a major focus within the industry.

Global Oxygen Sensor Market Analysis, by Sales Channel

OEM Dominance: OEMs are set to dominate the global market, accounting for 86% market share in 2018. Oxygen sensors are primarily sold to vehicle manufacturers through a B2B-oriented industry. Long-term contracts between sensor manufacturers and OEMs are commonplace. The aftermarket segment is expected to witness impressive growth due to the wear and tear of sensors exposed to high temperatures near the exhaust system.

Global Automotive Oxygen Sensor Market Value Analysis, by Vehicle Type

Passenger Vehicles at the Forefront: The passenger vehicle segment is anticipated to represent 71% of the total market by 2028. As oxygen sensors are fitted across commercial and passenger vehicles, the dominance of the passenger vehicle segment is attributed to robust car sales, particularly in China and India. Advanced safety checks in passenger vehicles are expected to further drive global O2 sensor sales.

Global Automotive Oxygen Sensor Market Size and Forecast: Regional Analysis

Asia Pacific Leading the Way: Accounting for 43% of global sales in 2018, the Asia Pacific region offers significant market opportunities for revenue generation. Unlike North America and Western Europe, which have matured markets, Asia Pacific boasts a flourishing automotive industry, making it the leading manufacturer of vehicles globally. China and Japan are major markets for O2 sensor manufacturers.

North America and Western Europe: Characterized by mature markets, North America and Western Europe are expected to register sluggish growth throughout the forecast period. The introduction of Euro VI norms is anticipated to stimulate the ecosystem in Europe.

Global Automotive Oxygen Sensor Market Size and Forecast: Competition Landscape

The industry is marked by the presence of numerous midsize players operating on a contract-based business model. High competition levels drive global players to focus on product specifications and direct distribution networks for agility. Key Automotive Oxygen Sensor market players include:

Robert Bosch GmbH

Continental AG

NGK Spark Plugs

Delphi Automotive

Infineon Technologies AG

Analog Devices Inc

Denso Corporation

Industry Segmentation

By Vehicle Type:

Passenger Cars

Compact Car

Midrange

Premium

Luxury

SUV

Commercial Vehicle

Light Weight Vehicle

Heavy Duty Vehicle

By Sales Channel:

Aftermarket

OEM

By Product Type:

Zirconia Sensor

Titania Sensor

Wideband Zirconia Sensor

Top of Form

[awesomechrisharry]

Advancements in Automotive Door Latch Market: An Overview of Latest Developments, Size, Share and Trends

Automotive door latches are critical components that ensure the secure closure and locking of vehicle doors, contributing to the safety and security of both occupants and belongings. These latches consist of intricate mechanisms designed to engage with corresponding strikers, holding the door securely in place while driving and preventing unauthorized access. As a fundamental element of vehicle safety, the demand for reliable and durable automotive door latches remains high. Stringent safety regulations and standards set by automotive governing bodies drive the continuous improvement and innovation in door latch technologies.

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The demand for automotive door latches is primarily fueled by the growth of the global automotive industry. As the production of vehicles increases to meet the rising demand for transportation, the need for robust door latch systems also experiences a parallel surge. Original equipment manufacturers (OEMs) incorporate advanced latch technologies into new vehicle models to comply with safety standards and provide enhanced security features. Automotive door latches have evolved beyond their basic function of keeping doors closed; they now often include electronic components for keyless entry systems and integrated sensors to detect if doors are properly closed, adding convenience and safety for vehicle users.

Additionally, the aftermarket for automotive door latches plays a significant role in driving demand. As vehicles age or undergo repairs, there is a continuous need for replacement door latch components. Consumers in the aftermarket often seek upgraded latch systems that may offer additional features, such as improved anti-theft measures or electronic integration. The aftermarket demand is characterized by a variety of options, including traditional mechanical latches and more advanced electronic latch systems, allowing vehicle owners to customize and enhance the security of their automobiles.

The demand for automotive door latches is also influenced by global trends in vehicle design and manufacturing. With the advent of electric and autonomous vehicles, door latch systems may undergo further transformation to accommodate new vehicle architectures and safety requirements. As vehicle manufacturers continue to explore innovative solutions, the demand for cutting-edge door latch technologies is expected to grow, ensuring that these components remain integral to the overall safety and functionality of modern vehicles.

[cmibloggers]

Global Automotive Wiring Harness Market Is Estimated To Witness High Growth Owing To Increasing Vehicle Electrification and Technological Advancements

The global automotive wiring harness market is estimated to be valued at USD 48,614.7 million in 2022 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.  

Market Overview:

The automotive wiring harness is an essential component in modern vehicles, providing electrical power and effective communication between various electronic components. It is designed to efficiently transmit electric power and signals to deliver high performance and reliability. With the increasing focus on vehicle electrification and technological advancements, the demand for automotive wiring harnesses is expected to grow significantly. This market offers a wide range of products associated with different types of vehicles, including passenger cars, commercial vehicles, and electric vehicles.  

Market Dynamics:

1. Driver: Increasing Vehicle Electrification The growing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is one of the major drivers for the automotive wiring harness market. The transition from internal combustion engine (ICE) vehicles to electric vehicles requires a sophisticated wiring system to handle high-voltage electrical components. This has created a significant demand for advanced wiring harnesses capable of transmitting electric power efficiently and safely.   For example, Tesla's Model S electric vehicle utilizes a complex wiring harness system that connects the battery, electric motors, charging system, and various control units. The increasing sales of EVs and HEVs across the globe are expected to drive the demand for automotive wiring harnesses in the coming years.  

2. Trend: Technological Advancements Advancements in technology have led to the development of intelligent wiring harnesses equipped with advanced features and functionalities. These harnesses incorporate sensors, connectors, and integrated circuits to enable real-time data transmission and diagnostics. They enhance the efficiency, safety, and performance of vehicles by providing intelligent connectivity between various electrical components.   For instance, Aptiv PLC, one of the major players in the automotive wiring harness market, offers smart architecture solutions that enable high-speed data transfer and communication within vehicles. These advanced harnesses support features such as advanced driver assistance systems (ADAS), infotainment systems, and vehicle-to-vehicle communication.  

Market Key Trends:

One key trend in the automotive wiring harness market is the increasing adoption of lightweight and eco-friendly materials. Manufacturers are focused on developing wiring harnesses using lightweight materials such as aluminum and high-strength thermoplastics to reduce vehicle weight and improve fuel efficiency. This trend has gained traction due to the growing environmental concerns and stringent emission regulations imposed by various governments around the world.   For example, Yazaki Corporation, a prominent wiring harness manufacturer, offers lightweight aluminum wiring harnesses that provide excellent electrical conductivity while reducing overall vehicle weight.  

SWOT Analysis:

Strength: Technological advancements in automotive wiring harnesses, Robust growth in electric and hybrid vehicles

Weakness: High initial investment for advanced wiring harness systems, Complexity of integrating advanced features

Opportunity: Increasing demand for connected cars and autonomous vehicles, Growing aftermarket sales of automotive wiring harnesses

Threats: Intense market competition, Volatility in raw material prices  

Key Takeaways:

In paragraph 1, the global automotive wiring harness market is expected to witness high growth, exhibiting a CAGR of 3.3% over the forecast period, due to increasing vehicle electrification. The transition towards electric vehicles and hybrid electric vehicles is driving the demand for advanced wiring harnesses capable of handling high-voltage power transmission.  

In paragraph 2, the regional analysis highlights that Asia Pacific is the fastest-growing and dominating region in the automotive wiring harness market. The region is witnessing significant growth in automobile production, particularly in countries like China and India. The presence of major automotive manufacturers, along with favorable government initiatives promoting electric mobility, is boosting the demand for wiring harnesses in the region.  

In paragraph 3, the key players operating in the global automotive wiring harness market include Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, and Nexans Autoelectric.

[vynzresearchreport]

Global Automotive Conformal Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021-2027)

The global automotive conformal coatings market is expected to reach USD 4.2 billion by 2027, from USD 1.7 billion in 2020. The market is growing at a CAGR of 10.2%, driven by the increasing adoption of electronics in vehicles and the development of new technology.

Market Overview

The global automotive conformal coatings market is segmented by material, component, vehicle type, application, and region.

By material: The market is segmented into acrylic, silicone, epoxy, polyurethane, and parylene. Acrylic is the most widely used material, followed by silicone.

By component: The market is segmented into ECU, PCB, sensor, battery casing, LED, and infotainment system. ECUs are the largest application segment, followed by PCBs and sensors.

By vehicle type: The market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Passenger vehicles are the largest application segment, followed by light commercial vehicles and heavy commercial vehicles.

By application: The market is segmented into brush coating, dipping, spray coating, selective coating, and vapor deposition. Brush coating is the most widely used application method, followed by dipping and spray coating.

By region: The market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is the largest market for automotive conformal coatings, followed by Europe and North America.

Get a free sample copy of the research report: https://www.vynzresearch.com/automotive-transportation/automotive-conformal-coatings-market/request-sample

Key Players

The key players in the global automotive conformal coatings market are:

• Altana Ag • Chase Corporation • CHT Group • Comelec SA • Conins Pune • CSL Silicones Inc • Dawn Tech • Dow • Dymax • Electrolube • H.B. Fuller • Henkel • HZO • Para Tech Coating • Paratronix • Peters Group • Shin-Etsu Chemical • VSI Parylene (Vertical Solutions)

Trends and Opportunities

The global automotive conformal coatings market is expected to witness significant growth in the coming years. This growth will be driven by a number of factors, including:

The increasing adoption of electronics in vehicles

The development of new technology, such as self-driving cars and electric vehicles

The growing demand for conformal coatings in harsh environments

Challenges

The automotive conformal coatings market faces a number of challenges, including:

The high cost of conformal coatings

The complexity of the application process

The need for regular maintenance

Conclusion

The global automotive conformal coatings market is expected to grow significantly in the coming years. This growth will be driven by a number of factors, including the increasing adoption of electronics in vehicles, the development of new technology, and the growing demand for conformal coatings in harsh environments. The key players in the market are major suppliers of conformal coatings to OEMs and aftermarket distributors. The market faces a number of challenges, including the high cost of conformal coatings, the complexity of the application process, and the need for regular maintenance.

About Us:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.

Source: VynZ Research

[freefartexpert]

Automotive Electronics Market to be Worth $361.6 Billion by 2030 - Exclusive Report by Meticulous Research®

Meticulous Research®—a leading global market research company, published a report titled, 'Automotive Electronics Market by Component (ECU, Sensors, ICs), Material (Silicon, Germanium), Application (ADAS, Infotainment Systems), Vehicle Type (ICE, Hybrid, Electric Vehicles, ), Channel (OEMs, Aftermarket), and Geography - Global Forecast to 2030.’

According to the latest publication from Meticulous Research®, the automotive electronics market is projected to reach $361.6 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the surge in vehicle electrification, the increasing need for energy-efficient electronic devices, and the rising demand for safety and control systems. In addition, the growing demand for ADAS & AD and the high demand for adaptive lighting systems in passenger and entry-level SUVs are expected to offer significant opportunities for the growth of this market. However, the high cost of electronic systems hampers the growth of this market. In addition, fluctuating raw material prices is a major challenge to the growth of this market.

The automotive electronics market is segmented by component, material, application, vehicle type, and distribution channel. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5531

Based on component, the automotive electronics market is segmented into electronic control units, sensors, integrated circuits, head-up displays, actuators, IP modules, and other components. In 2023, the electronic control units segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasing demand for technologically advanced vehicles in developed and developing countries, such as hybrid and pure electric cars, rising government regulations pertaining to fuel consumption, and the growing need for better mileage of vehicles by the middle-class population. ECUs are responsible for collecting data from sensors throughout the vehicle and making decisions or executing commands based on that information. They control and coordinate the operation of different systems, ensuring optimal performance, efficiency, and safety.

However, the sensors segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising demand for sensors in hybrid powertrains, growing awareness about reducing vehicles' carbon footprint, and the increasing need to monitor and optimize temperature, pressure, and position for compliance with various emission norms and regulations.

Based on material, the automotive electronics market is segmented into silicon, germanium, and other materials. In 2023, the silicon segment is expected to account for the largest share and is projected to register the highest CAGR during the forecast period. This segment's large market share is attributed to its compact size, powerful and extremely efficient in supporting electromobility, enabling fast recharging, improving battery control, saving energy, and increasing the range of electric cars. Silicon-based integrated circuits play a vital role in automotive electronics. These ICs are fabricated on silicon wafers using semiconductor manufacturing processes. They integrate multiple electronic components, such as transistors, diodes, resistors, and capacitors, onto a single chip. ICs enable the miniaturization, high performance, and complexity required for various automotive applications.

Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5531

Based on application, the automotive electronics market is segmented into tire pressure monitoring systems, engine management & powertrain systems, fuel injection systems, infotainment systems, ADAS, body control & comfort, safety, architecture & networking, HVAC systems, autonomous mobility, lighting systems, and other applications. In 2023, the body control & comfort segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasingly stringent engine management requirements for EVs, the rising number of premium comfort features in lower vehicle segments, and the growing deployment of V2V and V2X connectivity technologies.

However, the ADAS segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising collaboration between major automakers, technology companies, and semiconductor manufacturers to develop advanced electronic systems and technologies to support autonomous driving, growing demand for luxury vehicles, and increasing demand for safety & driving comfort features.

Based on vehicle type, the automotive electronics market is segmented into internal combustion engine, hybrid, and electric vehicles. In 2023, the internal combustion engine segment is expected to account for the largest share of the automotive electronics market. ICE engines are more durable and require less maintenance than electric motors, and stringent government norms with respect to fuel efficiency are some of the drivers for the growth of this segment.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/automotive-electronics-market-5531

However, the electric vehicles segment is projected to register the highest CAGR during the forecast period. The high market growth in electric vehicles is driven by decreasing prices of batteries, rising environmental concerns, and increasing investments by leading automotive OEMs.

Based on distribution channel, the automotive electronics market is segmented into OEMs and aftermarket. In 2023, the OEMs segment is expected to account for the larger share of the automotive electronics market. However, the aftermarket segment is projected to register the highest CAGR during the forecast period.

Based on geography, the automotive electronics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia- Pacific is expected to account for the largest share of the market and is also expected to grow during the forecast period. The large market share is attributed to increasing demand for EVs, growing number of manufacturers offering numerous advanced automotive electronics in the mobility industry, and incentive programs for EV adopters.

Key Players

The key players operating in the automotive electronics market are Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Valeo Inc. (France), Continental AG (Germany), Hitachi, Ltd. (Japan), Aptiv PLC (Ireland), Texas Instruments Incorporated (U.S.), STMicroelectronics International N.V. (Switzerland), NXP Semiconductors (Netherlands), ZF Friedrichshafen AG (Germany), Visteon Corporation (U.S.), Advanced Micro Devices, Inc. (U.S.), Magna International Inc. (Canada), DENSO CORPORATION (Japan), and Hyundai Mobis Co., Ltd. (South Korea).

Quick Buy – Automotive Electronics Market- Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/59273732

Key questions answered in the report-

Which are the high-growth market segments based on component, material, application, vehicle type, and distribution channel?

What was the historical market size for automotive electronics?

What are the market forecasts and estimates for the period 2023–2030?

What are the major drivers, restraints, opportunities, and challenges in the automotive electronics market?

Who are the major players, and what shares do they hold in the automotive electronics market?

How is the competitive landscape in the automotive electronics market?

What are the recent developments in the automotive electronics market?

What are the different strategies adopted by the major players in the automotive electronics market?

What are the key geographic trends, and which are the high-growth countries?

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

[sanemyamen]

Automobile Electronics Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

The Latest Released market study on Global Automobile Electronics market provides information and useful stats on market structure, size and trends. The report is intended to provide cutting-edge market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Besides, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in Automobile Electronics market. What’s keeping Delphi Technologies (United Kingdom),Yamaha Corporation (Japan),Koninklijke Philips N.V. (Netherlands),Sony Corporation (Japan),Continental AG (Germany),DENSO Corporation (Japan),Toyota Industries Corporation (Japan),Harman International Industries, Inc (United States),Sanyo Electric Co., Ltd., (Japan),Omron (Japan),Waymo LLC (United States) Keep Growing in the Market? Benchmark yourself with the strategic moves and latest Market Share and Sizing of Global Automobile Electronics market recently published by AMA Automotive electronics are the electronics products and components used in various types of automobiles for personal as well s commercial applications. The electronics for automotive are designed especially for various crucial functions. Different ranges of electronics such as engine electronics, transmission electronics, chassis electronics, passive safety, driver telematics assistance, in-car entertainment systems, and others are used. Its components are manufactured in several temperature rates defining its temperature ratings. Automotive electronics contribute about a third of the total costs of the entire vehicle. Some of the new features such as autonomous driving, secure communication & infotainment, electric cars with high power boost the automobile electronics market. The Automobile Electronics Market segments and Market Data Break Down by Type (Engine Electronics, Transmission Electronics, Chassis Electronics, Passive Safety, Driver Telematics Assistance, In-car Entertainment Systems, Others), Application (Personal Vehicles, Commercial Vehicles), Components (Electronic Control Unit, Sensors, Current Carrying Devices, Others), Distribution Channel (OEM, Aftermarket)

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

What’s Trending in Market: Integration of Embedded Vision Technology in Automobile Electronics for Reduction of the Driver's Workload

Market Challenges: High Cost of Assembly and Installation of Automobile Electronics in the Vehicles

Market Opportunities: Surging Demand for the Graphical Interfaces and Vehicle System of Systems in the Internet of Things will Boost the Automobile Electronics Market

Highlights of Influencing Drivers: Growing Production of Electric Vehicles

Demand for Easy Driving Act and Fuel Efficiency Requires the Electronics in Automotive Presented By

AMA Research & Media LLP

[worldwideanalysis]

Soaring Smartphone Penetration Fueling Surge in Temperature Sensor Market

The global temperature sensor market generated a revenue of $6.9 billion in 2019 and it is predicted to reach $11.1 billion revenue by 2030. Furthermore, the market will advance at a CAGR of 4.4% from 2020 to 2030 (forecast period), as per the forecast of P&S Intelligence, a market research company based in India. The major factors driving the growth of the market are the surging sales of smartphones and the burgeoning requirement for temperature sensors in the automotive industry.

In the automotive industry, temperature sensors are extensively used for measuring the temperature of several liquids, systems, and gases within automobiles in order to ensure their proper functioning. These sensors are majorly used in heating, ventilation, and air conditioning (HVAC) systems, which are one of the critical components of automobiles. Because of this reason, the soaring sales of vehicles, especially in the Asia-Pacific (APAC) countries such as China, South Korea, and India, are propelling the requirement for temperature sensors.

Besides the aforementioned factor, the mushrooming need for body-worn sensors is also fueling the expansion of the temperature sensor market. With the increasing adoption of the internet of things (IoT) in the healthcare sector and the rapid advancements being made in this industry, the usage of body-worn temperature sensors is soaring. These devices are incorporated in custom-made systems or in smartwatches for measuring the pulse rate and temperature of the wearer. Moreover, the growing demand for wearable medical monitoring devices, fitness bands, and smart watches is fueling the popularity of body-worn temperature sensors.

When vertical is taken into consideration, the temperature sensor market is classified into automotive & aerospace, petrochemical and oil & gas, consumer electronics, food & beverage, pharmaceuticals, industrial, and utilities. Out of these, the automotive & aerospace category dominated the market in 2019, because of the implementation of strict regulations by several governments that made the usage of temperature sensors in vehicles mandatory. This was done to improve the fuel efficiency of vehicles, on account of the surging requirement for reducing the emission of greenhouse gases (GHG) from automobiles.

Furthermore, the expansion of the automotive industry and the automotive aftermarket is massively boosting the sales of temperature sensors. Across the globe, the APAC region held the largest share in the temperature sensor market between 2014 and 2019. This was ascribed to the booming sales of smartphones and the high urbanization rate, especially in India and China. APAC is also expected to be the largest region in the market during the forecast period. This will be due to the surging popularity of processed foods, increasing urbanization rate, and thriving automobile industry in the region.

Hence, it can be said without any hesitation that the sales of temperature sensors will shoot up all over the world in the years to come, mainly because of the expansion of the automobile industry, increasing popularity of body-worn temperature sensors, and the soaring penetration of smartphones in several countries.

[researchvishal]

Automotive Door Latch Market Research, Segmentation, Key Players Analysis & Forecast By 2027

The global automotive door latch market size is expected to expand at a yearly growth rate of 4.8%  and reach a value of US$ 7,647.8 Mn in 2027. Valued at US$ 5,762.5 Mn in 2021, the target market will likely reach an estimated US$ 6,040.2 Mn in 2022. The advancing automotive industry is contributing to the escalating demand for automotive components all over the world. This is expected to propel the growth of the automotive latch market over the forecast period.

A door latch system overlooks the general safety of driver and the passenger. These latches ensure in-time locking and unlocking of the doors and the storage trunk which protects property and lessens the risks for passengers in case of an accident. The rising demand for autonomous driving is fueling the need for savvier ways to unlock the car.

This is expected to positively influence the target market, transforming the automotive door latch landscape.

Moreover, the target market is much influenced by technological developments like touch-enabled locking systems and smart sensors. Incorporation of these technological advancements will drive the door latch industry. In addition to this, the expanding automotive sector coupled with high demand for automotive counterparts will amplify the market prospects for automotive latch.

Again, a preference for safe and secure vehicles by consumers will contribute to the growth aspect of the target market. Other factors like increasing disposable income, rise of the car industry as a result of population increase, infrastructure development, and suburbanization, and others will contribute to the growth of the automotive door latch market during the forecast period. 

For more Information: https://www.futuremarketinsights.com/reports/automotive-door-latch-market

"Extensive industrial applications as well as the heightened demand for automotive components will drive the global growth of the automotive door latch market over the forecast period," says an FMI analyst. 

Key Takeaways:

Functional and operational issues may hamper the market prospects.

Asia Pacific is predicted to offer many lucrative opportunities to the target market.

Germany will generate a growth opportunity of US$ 96.4 Mn in the target market during the forecast period.

The U.S. A's market will be driven by elevated investments in product development.

The electrically operated segment is expected to exhibit significant growth through 2027.

The mid-size automobile segment will grow at a 5.9% CAGR.

By sales channels, the OEM segment will create an absolute dollar opportunity of US$ 1,358.9 Mn.

Competitive Landscape 

Top Global Automotive Door Latch companies are:

STRATTEC, Kiekert AG, Inteva Products LLC, Aisin Seiki Co. Ltd., Magna International Inc., WITTE Automotive GmbH, Brose Fahrzeugteile GmbH & Co. KG, U-Shin Ltd, Shivani Locks Private Limited, and MITSUI KINZOKU among others are some of the major players in the automotive door latch market profiled in the full version of the report.

Key market players are focusing on enhancing their product efficiency and capabilities. These businesses also employ several expansion tactics like mergers and acquisitions to help them meet the rising demand.

Automotive Door Latch Market by Category

By Latch Type:

Side Door Latch

Tailgate Latch

Hood Latch

By Function:

Electronically Operated

Mechanically Operated

By Vehicle Type:

Compact Car

Mid-Size

Luxury Car

SUV

HCV

LCV

By Sales Channel:

Aftermarket

OEM

[severepeanutperfection]

ADAS Aftermarket Key Opportunity, Analysis, Growth, Trends 2031

The global ADAS aftermarket was valued at US$ 877.6 Mn in 2020, and is slated to surge at a CAGR of 9% to reach a valuation of US$ 2.28 Bn by 2031. Ultrasonic and radar sensors, together, currently account for more than 50% share in the sales of Advanced Driver Assistance Systems (ADAS).

The worldwide ADAS aftermarket is currently valued at close to US$ 1 Bn. Sales of ADAS solutions are slated to surge at a CAGR of around 9% from 2021 to 2031. Adaptive Cruise Control to Account for More Than 18% of Worldwide ADAS Aftermarket Sales: Persistence Market Research. to reach a revenue of US$ 2.28 Bn.

Advanced Driver Assistance Systems (ADAS) are groups of electronics technologies that assist drivers in driving and parking functions. Through a safe human-machine interface, an ADAS increases car and road safety. ADAS use automated technology such as sensors and cameras to detect nearby obstacles or driver errors and respond accordingly.

Increasing demand for safety sensors, such as seat belt tension, impact sensors, anti-theft, parking sensors, etc., is expected to create significant opportunities for ADAS manufacturers, contributing significantly to the growth of the advanced driver assistance systems market over the coming years.

Key Companies-

Robert Bosch GmbH.

Continental AG

ZF Friedrichshafen AG

Denso Corp.

Aptiv plc

Valeo SA

Magna International Inc.

Veoneer Inc.

Aisin Corporation

Hitachi Astemo, Ltd.

Nidec Corporation

Infineon Technologies AG

Ficosa Internacional SA

Hella KGaA Hueck & Co.

Pacific Industrial Co., Ltd.

Mobileye

Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/market-research/adas-aftermarket-market.asp

Key Takeaways from Market Study

At a CAGR of 8%, adaptive cruise control is projected to be the fastest-growing segment under system type from 2021 to 2031.

Park assist systems are expected to hold the highest share of 20% under the system type segment in terms of volume.

By technology, radar sensors are projected to enjoy a market share of more than 27% by 2031.

By vehicle type, passenger cars are projected to be the segment leader with a market share of more than 64%.

By region, Europe is projected to hold the highest share in the global market accounting for more than 34%.

The U.S. is projected to register the highest absolute $ opportunity of more than US$ 312 Mn from 2021 to 2031.

By sales channel, OES are anticipated to lead with more than 84% share of the market.

“Increasing active safety features in vehicles are expected to be key drivers for the development of the automotive sector, which is anticipated to drive demand for ADAS in the aftermarket,” says a Persistence Market Research analyst.

[blueweave8]

Automotive Power Window Market Analysis, Growth, Report 2022-2028

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the size of global automotive power window market at USD 11.32 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects the size of global automotive power window market to grow at a CAGR of 5.4% to reach a value of USD 16.28 billion by 2028. As the middle class expands and disposable income rises, future auto sales are expected to rise. The development of contemporary technologies that raise consumers' propensity toward automation is one of the key factors affecting the global market for automotive power windows. For security and safety purposes, power windows are a required component in passenger vehicles. The driver and passengers can easily and comfortably operate these windows thanks to several switches. Power windows that operate automatically are now standard on even entry-level vehicles. Automobile windows are being installed all over the world.

Global Automotive Power Window Market – Overview

A power window is an electronic window system that lowers and raises the windows on cars. These switches are a part of the power window system. Automotive power windows are a requirement for any premium or luxury vehicle, as they help enhance safety and comfort of both the driver and passengers. Both switches and motors are used to power windows, and the motor supplies the energy needed by the switch to raise and lower the window. Major players in the automotive window market are now able to manufacture small and potent electric components due to technological advancements in manufacturing processes and manufacturing equipment. As the modern automotive window motor is lightweight and makes less noise when it operates, manufacturers have begun to favor it. To function better and enhance the motor's feedback, window motors also come with position feedback electronics sensors.

The global automotive power window market is expected to grow as window motor use increases to improve vehicle luxury in both passenger and commercial vehicles. A 12-volt DC automotive window motor, for instance, offers power density and small size, whereas a 24-volt DC automotive window motor offers high power density and benefits related to space savings. Due to these advantages, 12-volt DC window motors are highly favored in small cars while 24-volt motors are standard in luxury vehicles.

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Global Automotive Power Window Market – Technology Advancements

Continuous improvements in passenger comfort and luxury, as well as an increase in the number of electric components integrated into automobiles, are expected to drive the global automotive windows market. The automotive window motor ensures that windows in a vehicle open and close comfortably and safely, either automatically or manually. For instance, Aisin Corporation of America launched a brand-new window regulator program in April 2020, encompassing 90% of the most popular Asian, American, and European vehicles with more than 1,400 SKUs.

Global automotive power window market has segments, such as Passenger Cars, Commercial Vehicle (LCV, MCV, and HCV) based on vehicle type; Cable Type and Scissor Type based on regulator type; and Aftermarket and OEM based on sales channel. The OEM segment is projected to dominate global automotive power window market by sales channel, accounting for a higher market share.

Impact of COVID-19 on Global Automotive Power Window Market

Research indicates that global car production fell by 5% in 2019. Nevertheless, the second half of 2020 saw an unexpected rise in sales. Due to the protracted lead times for the various semiconductors used in automobiles, OEMs were unable to meet demand. Due to a shortage of crucial components, suppliers and OEMs were forced to review the design and construction guidelines for their vehicles. For instance, Tesla has been reprogramming its products to use alternative parts, and to temporarily address the problem, some functionality was even disabled. Additionally, sales of electric vehicles have increased significantly despite the decline in sales of vehicles powered by internal combustion engines. As a result, these factors will have a positive impact on the market's recovery in the medium to long term.

Competitive Landscape

Prominent players in global automotive power window market include Valeo, Robert Bosch GmbH, Grupo Antolin, Denso Corporation, Hi-LEX Corporation, Aisin Corporation, Brose Fahrzeugtelle SE & Co. KG, Magna International Inc., Johnan Manufacturing Inc., Inteva Products, LLC, Kyowaseiko, Imasen Electric Industrial, and Continental Automotive. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in global automotive power window market.

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Occupant Classification System Market - Forecast(2022 - 2027)

Occupant Classification System Market Overview

The global Occupant Classification System Market size is estimated to surpass $1.1 billion mark by 2026 growing at a projected CAGR of more than 6.2% during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and ABS (anti-lock braking) in the vehicles, also by government legislation making such devices compulsory. But with the advent of electronics and the internet connectivity especially in battery electric vehicles, there has been a quantum leap in the services now, available to make the vehicle safe as well as comfortable for the driver.

Occupant Classification System Market Report Coverage

The report: “Occupant Classification System Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Occupant Classification System Market.

By Vehicle Type: Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles By Fuel Type: Electric Vehicle, Hybrid Vehicle, Petrol Vehicle, Diesel Vehicle and Others By Channel: OEM, Aftermarket By Sensor Type: Airbag Sensor, Seat Belt Tensioner, Seat Weight Sensor and Others By Mounting Location: Driver Side, Passenger Side By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), South America(Brazil, Argentina and others), and RoW (Middle east and Africa).

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Key Takeaways

Many luxury automotive companies are working on sensors which could detect the position of the occupant by using brain waves. These sensors could also give information when the driver is about to make any sudden driving action like braking and turning. By using brain waves, the comfort of the occupant is enhanced by adjusting the seat according to the requirements of the occupant. The integration of health monitoring system in cars by developing seat sensor technology is improving its applications for diagnosing the health of the occupant. If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants condition which are connected to cloud based internet services that will automatically send the information to any doctor nearby using diagnostic trouble code. To improve the safety of the backseat passenger, the introduction of belt bag, airbag, seat belt tensioners and inflatable seat belt system has captured the market. This model is used to reduce the strain that is normally placed on the ribcage during collision.

Occupant Classification System Market Segment Analysis - By Channel

OEMs are showing interest in offering holistic Occupant Classification System by providing vehicles with higher order intelligence about the state of the driver particularly for safety related applications. OEMs are expected to enter into more partnerships with medical companies, universities and technology firms to identify new opportunities and technologies in the Occupant Classification System space. Increasing sales of premium vehicles particularly plug in and battery electric vehicles has augmented an influx of investment in R&D. Automotive manufacturers are working towards the amalgamation of seat belt tension sensors with occupant’s brain waves. These sensors could also give instant information to the sensors when the driver is about to make any sudden driving action like braking and turning, hence making the process more efficient, precise and safe.

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Occupant Classification System Market Segment Analysis - By Vehicle Type

Passenger vehicles are the type of vehicles which are used by people for self-transportation. However, these vehicles are not used for commercial applications. The sale of these vehicles have been increasing in the recent times. The government regulations from different regions have increased the integration of the occupancy detection sensor in the passenger vehicles. In China, automotive vehicles need to have CCC certification (China Certification Corporation) for the safety of the passenger vehicles. The Occupant Classification System consists of airbag activator control to enable, disable or control the amount of inflation of airbag, incase of any mishap.

Occupant Classification System Market Segment Analysis - By Geography

Automotive related fatalities are worldwide occurrences projecting occupant sensing market a sector with ample opportunities and demand. But, an analysis of the regional market business insights states APAC as the most lucrative marketplace in terms of global demand. Configured with economies such as Japan, India and China with their flourishing automotive manufacturing nucleus, APAC in 2020 occupied 33.5% share in global Occupant Classification System market demand. Increasing disposable income amalgamated with purchasing power of consumers have encouraged consumers to invest in their safety and security during transit. In the US, government terms and policies will drive the demand for Occupant Classification Systems in the region. The motorization rate in US has grown higher than the rest of North America due to low availability of transportation services. In Canada, the latest advancements in sensors and wireless technologies spurs the demand for smart system adoption in vehicles. This factor also drives the growth of occupancy detection in Americas.

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Occupant Classification System Market Drivers

Integration of Health Monitoring in Vehicles

The assimilation of health monitoring system in cars by evolving seat belt tension sensor technology is improving its applications for analyzing the health of the occupant. If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants ailment which are linked to cloud based internet services that will spontaneously redirect the information to any healthcare or emergency facilities nearby. Collision detection and avoidance systems are on the radar of innovation for automotive manufacturers with Occupant Classification Systems being a vital element of such mechanisms.

Shift to a B2C Based approach

There are two ways the business is performed. In the B2B model, the system is sold to the Big market players in the motor vehicles segment for integration of the system with their vehicle from where the product reaches to the end user who are not the consumers in this model of business. This is the primary model currently used. However B2C or business to customer model, wherein the end user forms the consumer base as well, is witnessing significant adoption growth especially in plug in and battery electric vehicles. The supply chain is slightly different in the sense that the end product now, rather than going to a vehicle manufacturing for integration with their vehicle, the product is supplied to a retailer to sell it to the end user directly. This system has an added advantage that the latest technology can be accommodated to keep up the modified norms for driver safety system, thus driving aftermarket demand.

Occupant Classification System Market Challenges

High Cost of Comprehensive Occupant Classification Systems

The main challenge faced by key market players is the exorbitant retail price of comprehensive Occupant Classification Systems. One of the major challenges hindering the market growth is the exuberant pricing of vehicles loaded with cutting-edge technology such as Occupant Classification System. However, consistent enforcement by federal authorities regarding vehicle occupant safety is forcing the automotive manufacturers to employ Occupant Classification System is premium as well as budget segment, thus establishing the occupant sensing market as an imperative association.

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Occupant Classification System Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Occupant Classification System Market. Takata Corporation, Autoliv Inc, Robert Bosch GMBH, Continental AG, Delphi Automotive Plc., Hyundai Mobis Co., Lear Corporation, ZF Friedrichshafen AG, Key Safety Systems Inc., and Volvo AB are considered to be the key players of the Occupant Classification System Market.

Acquisitions/Technology Launches/Partnerships

In January 2021, Jeep India will officially release the prices of the much-awaited 2021 Jeep Compass facelift which includes an Occupant Classification System.

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Global Automotive Sensor Market Size, Share, Demand and Growth Forecast to 2027 | VynZ Research

The Global Automotive Sensor Market will grow to USD 44.0 billion by 2027. It will witness a CAGR of 8.0% during the forecast period, According the VynZ Research.

This report provides corporate intelligence to major industry stakeholders and assists them in understanding the future of the Market. The assessment of the Global Automotive Sensor Market contains a forecast, a summary of the competitive structure, competitor market shares, market trends, market demands, market drivers, market challenges, and product analysis. The influence of market drivers and restraints has been calculated throughout the projection period. This research report goes on to outline the key development prospects as well as the key obstacles and potential threats.

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Segment Review:

The research includes a complete analysis of the market's major segments as well as the most recent trends. The market analysis is classified on the basis of:

By Sales Channel

Original Equipment Manufacturer (OEM)

Aftermarket

By Sensor Type

LED

Image Sensor

Position Sensor

Temperature Sensor

Pressure Sensor

MEMs

Gas Sensor

Others

By Application

ADAS

Powertrain

Chassis

Safety & Control

Telematics

Others

By Vehicle Type

Fuel Based Vehicle

Passenger Car

LCV

MHCV

Impact of COVID-19 Scenario

It covers and discusses the market's driving and restraining variables, as well as COVID-19's impact. Furthermore, the Global Automotive Sensor Market forecast has been substantially affected by the COVID-19 outbreak. The global factories have struggled owing to the shutdown of manufacturing units, temporary lockdowns, and unavailability of the workforce, thus disrupting the global supply chain. However, the COVID-19 impact is temporary and the market will recover from the crisis.

The Global Automotive Sensor Market examines the competitive environment in-depth by taking into account the market share of the key industry players which includes:

Analog Devices Inc.

Continental AG

Delphi Technologies

Denso Corporation

Robert Bosch GmbH

Infineon Technologies AG

APTIV

Melexis

Sensata PLC

CTS Corporation

Key aspects Covered in the Report:

To research and explore the Global Automotive Sensor Market (value and volume) by key regions/countries, segments, with forecast period.

Investigate the various sub segments of the report to have a better understanding of its structure.

The report includes the names of leading manufacturers, defining, describing, and analysing sales volume, value, market share, market competitive landscape, SWOT analysis, and future development plans.

To examine competitive developments in the market, such as market expansions, agreements, new product launches, and acquisitions.

To summarise the information about the key players and thoroughly study their growth strategies.

Explore more report by VynZ Research

Global Aerial Imagery Market – Analysis and Forecast (2022 - 2028)

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Global Wireless Audio Device Market – Analysis and Forecast (2022-2028)

Global Quantum Computing Market – Analysis and Forecast (2021-2027)

About VynZ Research:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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Automotive Electronics Sensor Aftermarket Market Size 2020, Share, Growth Factors | Top Vendors- BorgWarner Inc., NGK Spark Plug CO., LTD.

Industry Insight

Market Research Future (MRFR), highlights that the “Global Automotive Electronics Sensor Aftermarket Market 2020” is expected to grow exponentially, securing a significant market valuation and expected to reach USD 9,600 Million by the end of forecast period and a vigorous CAGR of 4.15% over the evaluation period of 2017-2025. The report also refers to the influence of the novel COVID-19 pandemic on the market.

Trending Factors & Drivers

Automotive electronics sensor aftermarket market to experience a remarkable growth as automotive manufacturers is making their products energy-efficient, safer and convenient. After this, rising production of cars globally, mounting vehicle electrification, stringent government regulations, and upward demand for automotive electronics sensor for the comfort and convenience has also motivated the market to a great extent. 

Top Competitors

BorgWarner Inc. (US), NGK Spark Plug CO., LTD (Japan), Delphi Technologies (UK), Robert Bosch GmbH (Germany), Continental AG (Germany), Valeo (France), Hella GmbH & Co. KGaA (Germany), Denso Corporation (Japan), and Sensata Technologies, Inc. (US).

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Regional Analysis:

Regionally, the global automotive electronics sensor aftermarket, has been studied for the regions of Asia-Pacific (APAC), Europe, North America, and the rest of the World.

Major Highlights of TOC Covers:

Executive Summary

Key Business Trends

Regional Trends and Growth

Product Trends

End-use Trends

Definition and Forecast Parameters

Continued………

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Global Connected Car Market Size, Share & Trends Analysis Report by Service, Connectivity, Application, Hardware, Network, Technology, End-User, Region, and Forecast 2021-2027

A connected car is a vehicle that is equipped with an internet connection, allowing it to communicate with other vehicles, infrastructure, and the cloud. This connectivity provides a wide range of benefits, including improved safety, convenience, and efficiency.

The global connected car market is growing rapidly, with a CAGR of 25.6% expected over the forecast period (2021–2027). This growth is being driven by a number of factors, including the increasing demand for safety features, the growing popularity of infotainment systems, and the development of 5G networks.

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Market Segmentation

The global connected car market is segmented by service, connectivity, application, hardware, network, technology, and end-user.

By service: The market is segmented into connected services, autonomous driving, and safety & security.

By connectivity: The market is segmented into tethered, integrated, and embedded.

By application: The market is segmented into navigation, telematics, and infotainment.

By hardware: The market is segmented into displays, sensors, smart antennae, and electronic control units (ECU).

By network: The market is segmented into dedicated short-range communication (DSRC) and cellular.

By technology: The market is segmented into 3G, 4G/LTE, and 5G.

By end-user: The market is segmented into original equipment manufacturer (OEM) and aftermarket.

Regional Analysis

The global connected car market is dominated by Asia Pacific, followed by North America and Europe. Asia Pacific is expected to continue to be the leading region in the coming years, due to the increasing demand for connected cars in China, India, and South Korea.

Market Drivers and Challenges

The growth of the global connected car market is being driven by a number of factors, including:

Increasing demand for safety features

Growing popularity of infotainment systems

Development of 5G networks

Government initiatives to promote connected car technology

However, the market also faces some challenges, such as:

High cost of connected car technology

Privacy concerns

Security risks

Market Trends

Some of the key trends in the global connected car market include:

Increasing adoption of 5G networks

Growth of autonomous driving technology

Development of new connected car applications

Expansion of the aftermarket connected car market

Vendor Analysis

The global connected car market is highly competitive, with a number of major players vying for market share. Some of the leading vendors in the market include:

Delphi Technologies Plc.

DENSO Corporation

ZF Friedrichshafen

Robert Bosch GmbH

Aisin Seiki

Valeo S.A.

Autoliv Inc.

Conclusion

The global connected car market is expected to continue to grow rapidly in the coming years. The increasing demand for safety features, the growing popularity of infotainment systems, and the development of 5G networks are all driving the growth of the market. However, the market also faces some challenges, such as the high cost of connected car technology and privacy concerns.

About Us:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.

Source: VynZ Research

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3D Scanning Market Analysis, Share, Key Findings and Company Profiles | Impact of COVID-19

Market Dynamics

The global 3D scanner market 2020 can expect to achieve an attractive valuation of USD 5.83 Billion by 2022, believes Market Research Future (MRFR). MRFR also projects that the expansion rate of the market can be 7.11% between 2016 and 2022 (review period).

Leading Contenders

Some of the leading contenders in the market for 3D scanner are Autodesk Inc. (U.S.), Trimble Navigation Ltd. (U.S.), Topcon Corporation (Japan), Hexagon AB (Sweden), Creaform Inc. (Ametek Inc.) (U.S.), Nikon Metrology (Belgium), 3D Systems Corporation (U.S.), Carl Zeiss Optotechnik GmbH (Germany), GOM mbH (Germany), Faro Technologies Inc. (U.S.), to mention a few.

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Main Drivers and Top Challenges

The 3D Scanning Market receives a strong back up from factors like rapid advancements in technology coupled with the growing research and development (R&D) spending. Introduction of structured light technology and the declining demand for traditional laser dot technology can drastically enhance the business growth in the coming years. Incipient trends like Internet of Things (IoT), Mixed Reality (MR), as well as the increasing interaction between wearable devices in aerospace designing and automotive fabrication can also spell success for the global market. With the convergence of such technologies, the market can note a surge in better immersive and interactive experiences in the future.

Mounting number of advanced wearable devices as well as portable 3D scanners can render the human-techno interaction more realistic, immersive and also adjunct with fabrication techniques. Technological innovations in the software and hardware segment have transformed the designing industry over the years. With the rising expectations among users for real-life experiences instead of a retro-manufactured look can lead to better growth prospects for the market in the approaching years.

The increasing use of high-performance Complementary Metal-Oxide Semiconductor (CMOS) sensors instead of Charge-Coupled Device (CCD) imagers can favor the market growth. Since CMOS sensors bring down the manufacturing costs, offer high frame rates at high resolutions, require less complex electronic drive circuits and consume less power, their demand is witnessing significant boost in the market. The market expansion is also the result of rapid development in the consumer electronics sector, such as high-bandwidth USB communication channels, powerful embedded processors, to name a few.

Market Segmentation 

Type, vertical, range, offering, product and application are the primary segments as per which the market has been covered in the report.

The primary types of 3D scanners in the market are optical scanner, structured light scanner and laser scanner.

The verticals using 3D scanners are healthcare, energy & power, aerospace, media & entertainment, and others. The healthcare segment can gain substantial prominence in the years ahead, as a result of the increasing use of the 3D scanning in a variety of healthcare applications. An example of such an application is the digital form of the cross-sectional anatomy of a human, which helps in better understanding and subsequent facilitation of precise results.

The range-based market segments are medium range, long range as well as short range. Short range 3D scanners are experiencing an impressive growth in the market, because of their low cost and the increasing awareness about their application areas including material inspection, modeling and product designing.

The offering-wise market segmentation comprises hardware as well as aftermarket service.

The product types discussed in the report are fixed CMM based, tripod mounted, desktop and portable CMM based.

The primary application areas of 3D scanners are rapid prototyping, quality inspection, topographical surveys, digital archiving, and others.

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Regional Outlook 

The 3D scanner market size is all set to expand at a tremendous pace in the primary regions of Asia Pacific (APAC), North America, Europe and the Rest of the World (RoW). 

The 3D scanner market is making maximum profits in North America and can continue to grow rapidly even during the review period. The rapid market progression in the region is the outcome of the high penetration of internet as well as technological advancements. Heavy investments in research and development (R&D) and the demand for 3D scanners in the automotive sector can lead to considerable revenue generation in the region.

Asia Pacific exhibits a huge growth potential and it is set to advance at a high rate over the assessment period. Given the increasing adoption of IT services, the 3D scanner market can gain significant traction in the region. 3D scanners are being increasingly used in application areas like civil surveying, automotive, urban topography, architecture, dentistry, reverse engineering, quality archeology, mechanical dimensional inspection and mining, in the region, which can only mean tremendous business growth in the upcoming years.

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Automotive Infotainment Market 2022 Size, Industry Growth, Share, Size, Regional Industry Overview and Forecast Report 2027

The automotive infotainment market size is predicted to reach USD 20.05 billion by 2026, exhibiting a CAGR of 6.8% during the forecast period. The rising shift towards enhanced in-vehicle experience will augment the healthy growth of the automotive infotainment market revenue during the forecast period. The efforts of automotive manufacturers for adding new features and infotainment solutions to provide ease and comfort in driving will boost the automotive infotainment market growth in the forthcoming years. In addition, the rising integration of V2X connectivity solutions, ADAS systems, telematics devices, sensors, and others in automotive will have a positive impact on the automotive infotainment market share in the foreseeable future.

For More Information in the Analysis of Report: https://www.fortunebusinessinsights.com/automotive-infotainment-market-102676

According to the report, published by Fortune Business Insights, titled “Automotive Infotainment Market Size, Share & Industry Analysis, By System Type (Dashboard, Rear Seat), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle), By Market Type (OEMs, aftermarket), and Regional Forecasts, 2019-2026” the market size stood at USD 11.94 billion in 2018. The report is fixed at delivering a comprehensive description of the automotive infotainment market dynamics and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence. It offers PORTER’s analysis and SWOT analysis to record the question of shareholders and highlights the investment potential in the upcoming future. It also showcases what procedures and strategies; companies are currently implementing in the automotive infotainment market. It further examines the ways and components convincing expansion, growth patterns, restricting factors, and market strategies.

The Report Lists the Key Companies in the Automotive Infotainment Market

MMI navigation

Harman International Industries Inc.

Visteon Corporation

Denso Corporation

Robert Bosch

Aptiv PLC

Alpine Electronics

Market Driver:

Innovation in Navigation Systems to Promote Market Growth

The increasing production of technologically advanced infotainment systems in automobiles owing to the necessity for safe and smart vehicles will enable speedy growth of the market in the forthcoming years. The rising emphasis on improved in-vehicle experience will spur opportunities for the market. For instance, the innovative and advanced infotainment systems are equipped with pre-trip planning, parking recommendations, predictive navigations,cloud-enabling syncing, and other important features. The rising popularity of smartphone connectivity in cars will fuel demand for advanced infotainment systems. For instance, smartphones can be paired with the infotainment system using WiFi hotspot or Bluetooth connectivity, allowing the user to access features such as outgoing, incoming, and conference calls on the system. Moreover, the growing improvement and advancement in navigation systems such as voice command, touch screen GPS navigator, maps and directions clarity, driver alert, and user-friendly features will contribute positively to the automotive infotainment market trends.

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Regional Analysis:

High Adoption of Electric Vehicles to Stimulate Growth in Asia Pacific

The market in Asia Pacific stood at USD 6.36 billion and is expected to witness high growth rate during the forecast period owing to the high automotive sales in the region. The growth in region is also attributed to the rising adoption of electric vehicles in China and Japan. The growing government implications and initiatives for electric vehicles will aid the market in the region. The rapid technological advancements in manufacturing facilities in emerging regions such as China, India will have a positive influence on the market. Europe is predicted to hold the second-largest share in the market owing to the presence of major car brands. The rising shift from conventional cars to hybrid cars will bolster the healthy growth of the market during the forecast period. The market in North America is predicted to observe healthy growth during the forecast period owing to the presence of major automotive manufacturers in the region.

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Key Development:

2019: Acura, unveiled new infotainment with a 10.2-inch screen and a "True Touchpad Interface," in its newest RDX crossover, which uses a touch-sensitive pad on the center console. Currently, it only offers Apple CarPlay, but Android Auto support will be soon integrated.

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