Automotive

Format: 2016-12-09
Format: 2016-12-09
December 09, 2016 | 60 Pages | SKU: IRTNTR11069

Overview of the global motorcycle lighting market

Market research analysts at Technavio predict that the global motorcycle lighting market will grow steadily over the next four years and post a CAGR of almost 13% by 2021. This market research analysis identifies the increasing focus of automotive OEMs towards differentiating products from their competitors as one of the primary growth factors for the motorcycle lights market. To differentiate their products in the intensely competitive market, motorcycle manufacturers are increasingly implementing motorcycle lighting systems using new lighting technologies such as LED and organic light-emitting diode (OLED). Since most automotive designers adopt these technologies to enhance the appeal of the motorcycle, it will consequently increase the demand for heavyweight motorcycles. One of the leading automotive manufacturers, BMW, is already focusing on the development of LED lighting technology for motorcycles and recently announced the introduction of laser headlights in the motorcycle segment.

One of the major trends that will gain traction in the market in the coming years is the development of thermal imaging cameras. The increasing need for enhancing motorcycle safety is driving innovations to increase rider visibility during night rides. This will result in the introduction of thermal imaging cameras that allow riders to spot debris on the road easily. Also, the system does not require lights to produce an image, which when coupled with led motorcycle lights


December 07, 2016 | 54 Pages | SKU: IRTNTR11043

Overview of the global tractor rental market

The global tractor rental market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The growing participation from private players and increasing government initiatives will drive the growth prospects for the global tractor rental market until the end of 2016. The agricultural sector in the majority of economies across the globe is focusing on the improvement of their farm productivity. Consequently, the government is taking up more initiatives to improve agricultural activities by increasing its expenditure on the agricultural technologies. In addition, a large number of private players are entering the agricultural sector and are contributing heavily by investing in newer program initiatives. For instance, in India, ITC, has plans to make Andhra Pradesh, a major hub for its agricultural business unit. Also, the 2016-2017 budget was proposed to implement certain measures to improve the agriculture sector and farmer's welfare by increasing the land under irrigation, providing subsidies to gram panchayats of villages and municipalities, and providing 100% electrification in villages by May 2018. Furthermore, the government of the USA has significantly increased its capital investments in the agricultural sector. For instance, as an agricultural subsidy, the government provides approximately USD 30 billion annually to the farmers of corn, rice, soya bins, wheat, and other crops.

The increasing consolidation of fragmented lands in Europe and the Americas will drive the growth prospects for the global tractor rental market in the coming years. Since the return on investment witnessed from the larger farms is much greater than the smaller farms, the trend of land consolidation in the Americas and Europe is significantly growing. For instance, large companies such as Farm and Ranch supply stores in the US, Monsanto


December 06, 2016 | 98 Pages | SKU: IRTNTR11034

Overview of the global autonomous vehicle development platform (AVDP) market

Technavio’s market research analyst predicts the global autonomous vehicle development platform (AVDP) market to grow tremendously between 2017 and 2021, registering a CAGR of more than 105%. Recent improvements in the smartphone ecosystem are expected to act as a growth enabler for the autonomous vehicles market, subsequently influencing the global AVDP market growth during the forecast period. Around 74% of the smartphone users use location platforms like Google Maps to get information on directions and locations. Also, Android provides location information with application programming interfaces (API), which help in sensing the geographical location at a specific time. Moreover, the availability of truck-only lanes or highways in several developed regions like the US and Europe will offer a conducive environment for the development and deployment of autonomous and semi-autonomous vehicles in the heavy commercial vehicle segment, thereby, further contributing to the growth of the AVDP market.

With the introduction of autonomous vehicles and the connected car technology, the application of electronics software has become crucial for several automobiles. The number of ECUs and program execution is rising rapidly in automobiles due to the growing demand for infotainment systems and connected vehicles, which has further necessitated updates of the software installed in automobiles


December 06, 2016 | 76 Pages | SKU: IRTNTR11033

Overview of the global automotive 48V system

Technavio’s market research analyst predicts that the global automotive 48V system will grow at an impressive CAGR of almost 89% between 2017 and 2021.  To achieve the emission targets, OEMs are implementing more electronic units, lightweight designs, and electrification of powertrains in their vehicle models. Moreover, the demand for increased safety and comforts such as heated seats, power steering, and advanced driver assistance systems among consumers have propelled the adoption of electronic units, which will subsequently put a high load on the vehicle’s battery system. Such requirements have prompted the OEMS to develop a dual voltage architecture, which includes 48V supply and can be used to satisfy the power demand for components in the vehicle. Since the safety voltage level for vehicles is 60V, it has further contributed to the growing preference for the 48V system so that the system does not exceed the safety voltage level.

Geographically, Technavio expects Europe to lead the global automotive 48V system market by 2021. The regulations of emission to achieve 2020 targets and reduction in 48V vehicle cost during the forecast period will fuel the adoption of automotive 48V systems in Europe. Being the economic strength of the region, the automotive industry is witnessing several research and developments into 48V system vehicles.

Competitive landscape and key vendors

A few large vendors occupy the global automotive 48V system market


December 06, 2016 | 56 Pages | SKU: IRTNTR11032

Overview of the global automotive electronic parking brake (EPB) market

Market research analysts at Technavio predict that the global automotive EPB market will grow steadily during the next four years and post a CAGR of more than 8% by 2020. This market research analysis identifies the focus of original equipment manufacturers (OEMs) and Tier-1 suppliers towards reducing the weight of braking systems as one of the primary growth factors for the electronic parking brake market. To increase the fuel efficiency of their vehicles, players in the automotive industry are increasingly focusing on reducing the weight of the automotive components. This has resulted in the omission of hydraulic brake systems and has also led to the development of advanced technologies such as brake-by-wire (BBW). With the adoption of electronic parking brakes significantly reducing the weight of the vehicle by eliminating components such as the hand lever, the coming years will witness an increase in the number of vehicles equipped with EPBs.

Though the demand for safety systems is mainly from the developed regions such as the Americas and Europe, the economic growth of the emerging countries will result in the demand for advanced active safety systems and driver assistance systems, especially from the countries such as India and China. This will induce EPB manufacturers to collaborate with automotive companies to develop EPB systems for the low-level automobile segment as well. For instance, Continental has already started developing electronic parking brake systems for drum brakes to offer push-button operation in compact and affordable


December 02, 2016 | 67 Pages | SKU: IRTNTR10995

Overview of the global automotive battery management system market

Market research analysts at Technavio predict that the global automotive battery management system market will grow steadily during the next four years and post an impressive CAGR of more than 22% by 2020. This market research analysis identifies the increasing demand for hybrid and electric vehicles as one of the primary growth factors for this market. With increasing concerns about reducing the level of greenhouse gasses to reduce the instances of global warming, countries around the globe are introducing policies to promote the adoption of hybrid vehicles. Additionally, countries are also providing various incentives and tax benefits to attract automotive companies to manufacture hybrid and electric vehicles locally. The battery pack in these vehicles have the need to tolerate massive charge for sudden braking and heavy discharge for sudden speed boost. This will drive the adoption of battery monitoring systems in these vehicles to guarantee healthy battery operations.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the next four years. This mainly attributed to the presence of major vendors in the automotive and battery manufacturing industries and the increasing demand for car battery monitoring systems from countries such as China, Japan, and South Korea that will witness an increased adoption of electric vehicles.

Competitive landscape and key vendors


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