Automotive

Format: 2017-01-22
Format: 2017-01-22
January 20, 2017 | 130 Pages | SKU: IRTNTR11266

Overview of the global automotive display system market

Technavio’s market research analyst predicts the automotive display system market to grow steadily at a CAGR of around 19% by 2021. One of the key factors responsible for the growth of this market is the constantly declining prices of thin-film-transistor/liquid-crystal display (TFT/LCD) displays. This reduction in prices releases the pressure from the OEMs to introduce low-cost products in the mass-market. Furthermore, the high customer demand and the lower cost of LCD/TFT displays have compelled the OEMs to introduce hybrid displays in the mid-level cars segment in developed regions. The increased production of these systems in mass produced automobiles will further decrease the price of LCD/TFT displays due to economies of scale in production. This will, in turn, increase the penetration of display systems in the market; thereby, contributing to higher sales volumes and fostering the market’s growth prospects during the forecast period.   

One of the latest trends gaining traction in this market is the introduction of next-generation microdisplay technologies to enable the advent of various advanced head-up displays (HUDs). Various microdisplay technologies such as digital light processing (DLP), LCD, liquid crystal on silicon (LCoS), and organic light-emitting diode (OLED) have enabled HUD manufacturers to develop efficient HUDs with a large field of view. For instance, the DLP technology allows a large field of view by providing flexibility in the optical design. This


January 18, 2017 | 101 Pages | SKU: IRTNTR11614

Overview of the global automotive airless radial tire market

The global automotive airless radial tire market is anticipated to grow at a steady rate and will post a CAGR of close to 40% during the forecast period. The rising demand for specialized tires such as airless tire from construction, mining, and agriculture machinery will drive the growth prospects for the global automotive airless radial tire market until the end of 2021. According to the market research information, the number of investments in the mining industry is increasing due to the growing preference for metals, large and ultra large radials that are used in mining equipment and construction machinery, and other related products. Some of the major factors responsible for the growing demand for airless tires is the increasing demand for construction machines and the development of infrastructures. Also, the growing demand for agricultural equipment will drive the preference and demand for airless tires. It has been observed that the economic growth and population growth in developing nations will result in the mechanization of agricultural activities. Furthermore, with the growing focus of the government on the agricultural sector, the sales of these tires in the agricultural equipment is increasing.

The emergence of advanced tire technologies to revolutionize airless tires will drive the growth prospects for the global automotive airless radial tire market for the


January 16, 2017 | 67 Pages | SKU: IRTNTR11582

Overview of the global automotive inductive wireless charging systems market

The global automotive inductive wireless charging systems (WCS) market is anticipated to grow rapidly and will post a CAGR of close to 53% during the forecast period. The increasing sales of plug-in electric vehicles (PEVs) in major regions on a global level will drive the growth prospects for the global automotive inductive wireless charging systems market in the forthcoming years. One of the major factors responsible for the number of adoption and developmental activities in the green vehicles industry is to reduce the level of greenhouse gasses (GHGs) in the atmosphere to an acceptable level. This can be achieved by using alternative sources of energy such as the electricity, hybrid energy, and other power sources such as the solar or wind energy or biofuels. Moreover, a large number of vendors and consumers are increasingly adopting the vehicles that are environmentally friendly to cope with the stringent fuel consumption regulations.

The increasing trend of vehicle-to-grid charging and storage system will drive the growth prospects for the global automotive inductive WCS market until the end of 2021. This system uses technology to reverse the


January 13, 2017 | 66 Pages | SKU: IRTNTR11425

Overview of the global mobility scooters market

Technavio’s market research analyst predicts the global mobility scooters market to grow steadily at a CAGR of above 5% by 2021. One of the key drivers for the growth of this market is the increased adoption of technologically advanced and cost-efficient products. The rise in the adoption of electric drivetrain cars, scooters, and motorcycles, a wide range of electric drivetrain components such as battery packs, controllers, motors, and power electronics are available in the market today at low supplier costs. This has given the manufacturer of mobility products an opportunity to sell their offerings at lower costs in comparison to that in the previous years. The decline in cost will significantly increase the rate of adoption of mobility scooter market in the coming years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Factors such as, expanding older population base and the increasing awareness of new technologies in the healthcare sector are some of the key contributors to the growth of the mobility scooter market in the region. Moreover, favorable reimbursement policies and the effort toward reducing patient expenditures in the US and Canada aid in enhancing the adoption of mobility scooters in the region. For instance, the Affordable Care Act (ACA) and the Older Americans Act (OAA) in the US, and the DTCC in Canada encourage the purchase of mobility scooters and will propel the growth of the market during the forecast


January 13, 2017 | 80 Pages | SKU: IRTNTR11541

Overview of the global automotive remote keyless entry system market

The global automotive remote keyless entry system market is anticipated to grow at a steady rate and will post a CAGR of close to 6% during the forecast period. The broadband and connectivity harmonization offers ease in the manufacture of keyless entry system and will drive the growth prospects for the global automotive remote keyless entry system market until the end of 2021. Also, the adoption rate of RKE is increasing because a large number of regulatory bodies across the globe are taking initiatives to improve and standardize the safety measures even in the entry level vehicles. Since keyless entry systems communicate with vehicles through microwave or radio frequency, they could be hacked when smartphones or smartwatches that are employed to unlock or lock vehicle doors is stolen. As a result, the government has taken initiatives to standardize and impose quality requirements across the value chain to improve vehicle security.

The introduction of 3D gesture in key fob will drive the growth prospects for the global automotive remote keyless entry system market for the next four years. One of the major factors responsible for the growing preference for 3D gesture key fob is its ability to prevent the thief from unlocking the door without making the secret gesture on the key fob. This ability enhances the security of the system and adds other features into the system such as touchscreen ignition, remote fuel access, and GPS fencing.

Competitive landscape and key vendors


January 13, 2017 | 58 Pages | SKU: IRTNTR11538

Overview of the global automotive daytime running light (DRL) market

Technavio’s market research analyst predicts the global automotive daytime running light (DRL) market to grow steadily at a CAGR of around 8% by 2021. One of the key factors responsible for this market growth are the add-on safety benefits of DRL. DRLs increase the safety of vehicles during daytime and enhances vehicle conspicuity during poor weather conditions such as fog or mist. Drivers find these lights useful in low light conditions and allows them more time to react in case of an oncoming vehicle, thus reducing the chances of collisions. Furthermore, the automatic switch on capability of DRLs allows the drivers to distinguish between parked and moving vehicles.

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The rising demand for passenger cars and the rise in the demand for advanced features in vehicles are the key contributors to the market dominance of APAC in the DRL market. The growing demand for vehicles from countries such as China, South Korea, and India is attracting global automotive manufacturers to invest and operate in these countries. Other factors influencing the investments in the region are the growing population of the region, improvement in infrastructure, increase in construction activities, rising purchasing power, changing lifestyles and preferences, government initiatives, and reduced overall vehicle production costs. With cost-effective resources and funding, this region will continue to provide DSRs that are comparatively good and economical.

Competitive landscape and key vendors

The global


Pages