Automotive

Format: 2017-02-22
Format: 2017-02-22
February 13, 2017 | 74 Pages | SKU: IRTNTR11945

Overview of the global high-performance electric vehicle (HPEV) market

Technavio’s market research analysts predict the global high-performance electric vehicle (HPEV) market to grow steadily at a CAGR of almost 38% by 2021. One of the key factors responsible for the growth of this market is the stringent regulations on emissions and fuel efficiency. The development and adoption of green vehicles are considered as major solutions to reduce greenhouse gas (GHG) levels in the atmosphere to an acceptable level. These vehicles run on alternative sources of energy such as only electricity, hybrid energy, and other power sources such as solar, wind energy, or biofuels. In an attempt to control global warming, countries around the world are coming up with stringent emission norms to curb the levels of GHG emissions from vehicles. For instance, the European Union regulations, known as Euro norms, have set emission standards and fuel consumption levels that new vehicles being launched must meet. Currently, the Euro 6 norms that are effective have been in place since 2014. Such norms by governments across the globe have made it is compulsory for automakers to comply with this stringent emission and fuel consumption regulations, automakers are compelled to develop zero emission vehicles (ZEVs) or nearly zero emission vehicles, this, in turn, will propel the growth of the HPEV market during the forecast period.

One of the latest trends gaining traction in this market is the development of fuel cell vehicle (FCV) technology for range extension in HPEVs. Instead of an engine, this variant uses a fuel cell to extend the range of battery by charging through an electric vehicle motor.


February 13, 2017 | 54 Pages | SKU: IRTNTR11946

Overview of the global luxury car ambient lighting system market

Technavio’s market research analyst predicts the global luxury car ambient lighting system market to grow steadily at a CAGR of around 10% by 2021. One of the primary drivers for this market is the gaining popularity of ambient lighting system. Ambient lighting is used to accessorize and add aesthetic appeal to the interior of vehicles. Ambient lighting is provided in a vehicle by using light pipes, light rings, LED pin spotlights, and diffuser lenses that are assimilated into the vehicle’s console, door panels, instrument panel, and seat frames. The aftermarket sales of these systems are increasing, with automobile enthusiasts installing them for customization. Ambient lighting illuminate's necessary functions in the dark, thus adding comfort for the driver. Due to the above-mentioned factors, the concept of ambient lighting is expected to grow, which in turn, will induce the growth in the global luxury car ambient lighting system market during the forecast period.

One of the latest trends to gain traction in this market is the integration of infotainment system with the ambient lighting system. Infotainment systems are a combination of software and hardware devices installed in automotive and provide audio, video, and other content. These systems are embedded and interfaced with in-vehicle navigation devices, the Internet and Wi-Fi connectivity, AV (audio-video) systems, display screens, and telematic systems. This rising trend in the industry is expected to increase the adoption of ambient lighting systems in the coming years.


February 10, 2017 | 106 Pages | SKU: IRTNTR11927

Overview of the global automotive anti-lock braking system (ABS) market

According to the Technavio’s analyst, the global automotive automotive anti-lock braking system (ABS) market is anticipated to grow at a steady rate and will post a CAGR of close to 9% during the forecast period. The emergence of connected truck technologies will drive the adoption of ABS in commercial vehicles (CVs), which, in turn, will drive the growth prospects for the global automotive ABS market for the next four years. Some of the major factors responsible for the growing acceptance of ABS in the commercial vehicles segment is the increasing focus of fleet operators on fleet safety and the potential reduction in financial losses. Also, the growing number of road accidents have resulted in the introduction and adoption of a large number of technological advancements in the commercial vehicles sector as commonly witnessed in the passenger car segment. Moreover, some of the technological advancements included in the commercial vehicles segment are connected truck technologies, improved version of higher Society of Automotive Engineers (SAE) automation levels, and truck platooning.

Th availability of discounts on premium products ranging from 5% to 10% for vehicles equipped with ABS will drive the growth prospects for the global automotive ABS market until the end of 2021. According to the research study, around 37% of vehicles equipped with ABS are less prone to fatal accidents in comparison with vehicles without ABS. As a


February 10, 2017 | 66 Pages | SKU: IRTNTR11119

Overview of the e-bike market

Technavio’s market research analyst have predicted that the global e-bike market will witness steady growth and will post a moderate CAGR of close to 6% during the forecast period. Governments of several countries around the world have passed laws that encourage the adoption of green technologies such as electric buses and e-bikes. For example, China’s government has adopted a law to support e-bike users and manufacturers. E-bikes are very effective in reducing the emission of carbon dioxide and other greenhouse gases. It also helps in reducing noise pollution and other types of environmental pollution. Moreover, the government in China has stopped issuing licenses for pedal assisted bicycles that produced harmful emissions, which will further contribute to this market’s growth over the coming years.

One of the recent trends gaining traction in the market is the implementation of battery management systems in e-bikes. A battery management system consists of parallel cells and modules. Such a system helps increase power production and raise the speed of e-bikes with minimal battery recharging. Moreover, battery management systems also help reduce the overall weight of e-bikes and increases the lifecycle of battery, which will lead to their augmented adoption until the end of 2021.

Competitive landscape and key vendors

The global e-bike market is characterized by the presence of well-diversified international and regional vendors. However, as the global vendors are increasing their footprint in the market, the regional vendors are finding it increasingly difficult to compete with them, especially in terms of


February 10, 2017 | 58 Pages | SKU: IRTNTR11916

Overview of the global automotive anti-pinch power window system market

Market research analysts at Technavio predict that the global automotive anti-pinch power window system market will grow steadily during the next four years and in terms of units, will post a CAGR of more than 8% by 2021. This market research analysis identifies the growth in usage of automotive safety systems as one of the primary growth factors for this market. With a number of guidelines introduced by various regulatory bodies, automotive manufacturers are increasingly replacing the mechanical components in their products with electrical equipment. In addition to driver assistance systems such as radar, cameras, and communication, automotive companies are also integrating their vehicles with components such as electronic steering and anti-pinch windows, fueling market growth. The European Union and the US have already introduced regulations that demand the installation of these systems. The coming years will witness a number of countries adopting similar rules, which will consequently increase the demand for these products.

To meet the changing needs of their customers and guidelines set by regulatory bodies, automotive manufacturers are currently focusing on introducing advanced technology-intensive vehicles. Manufacturers are increasingly focusing on adopting sensor-based systems such as automotive gesture recognition systems that will allow drivers have better control of the in-vehicle system functions. This will subsequently lead to the


February 08, 2017 | 74 Pages | SKU: IRTNTR11886

Overview of the global motorcycle suspension systems market

The global motorcycle suspension systems market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The rapid electrification of mechanical components is leading to an increase in the number of electronic content in motorcycles, which will, in turn, drive the growth prospects for the global motorcycle suspension systems market until the end of 2012. The rising electronic content in a motorcycle spurs the adoption of advanced features for the development of new suspension systems.

The development of electronic damping control to increase safety quotient will drive the growth prospects for the global motorcycle suspension systems market for the next four years. Also, the integration of anti-lock braking system (ABS), traction control system (TCS), and dynamic control system will push the safety quotient of the motorcycle to a further level by optimizing the braking system.

Competitive landscape and key vendors

The global motorcycle suspension systems market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors are increasingly focusing on the continuous development of suspension systems to widen their customer base.

Key vendors in this market are -

  • BMW Motorrad
  • Gabriel India
  • KYB
  • Showa

Other prominent vendors in the market include BITUBO, Continental,


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