Tesla announced its fifth consecutive quarterly profit on Wednesday, with both revenue and profit hitting new highs. This is mainly due to the rapid increase in Model 3 and Model Y vehicle deliveries. The financial report shows that Tesla’s third-quarter revenue reached $8.8 billion, an increase of 39% this year.
Tag: Automotive
Fabric Glue Market Surging Growth In Pandemic
Rapid advancements in the textile industry have yielded credible innovations in cloth making and manufacturing. Evolution of binding and sewing techniques have enabled textile giants to produce intricate and diverse material, leading to a major disruption across the clothing and fashion domain.
Is the German Economy Taking a Dive?
The German economy is showing a serious downward trend. The German auto industry could be in trouble according to Bild. The Coronavirus continues to be a factor. The Coronavirus impacted a majority of the economies around the world. Currently, there are over 27.7 million infected and over 900,000 deaths around the globe.
Tesla Applies to Sell Short-range Motion Sensors
In the United States, dozens of children die each year because they are locked in hot cars, and half of them are because the children are forgotten by traffickers. In order to prevent such unfortunate incidents, Tesla is applying to the Federal Communications Commission (FCC) for approval to sell a short-range interactive motion-sensing device.
Increasing Demand Builds Elastomeric Foam Market
This elastomeric foam market growth can be attributed to the increasing use of nitrile rubber in numerous applications such as HVAC, refrigerators, plastic pipes, gaskets, and sealing due to its superior properties such as high moisture resistance, low thermal conductivity, high elasticity, and resistance to grease.
Growth In Co-Fired Ceramic Market In High Demand
The GLOBAL CO-FIRED CERAMIC MARKET was valued at $886 million in 2018 and is forecast to rise at a CAGR of 4.45% to reach $1.2 Billion by 2025. This growth can be attributed to increased application of co-fired ceramics in wireless devices, rising integration of electronics in the automotive systems, and a focus on automation of manufacturing processes across industries.
Healthcare and Consumer Electronics Drive Internet Of Things Market Production
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices.
High Demand And Low Cost Expand Virtual Reality Content Creation Market
Virtual reality (VR) is a virtual environment that is created by computer-generated simulations. VR devices replicates the real-time environment into the virtual environment. For example, the driving simulators in VR headsets provide actual simulations of driving a vehicle by displaying vehicular motion and corresponding visual, motion, and audio indications to the driver.
High Performance Computing (HPC) Market 2020 Is Expected To Thrive
The rapid adoption of HPC in steel and welding, aerospace, automotive, manufacturing, and healthcare, finance, consumer packaged goods, energy consumption and production, weather forecast, and space research at a global scale can promote the expansion of the market in the review period.
Disposable Protective Clothing Market Protecting Future Workers and Market
The global disposable protective clothing market was valued at $2.6 Trillion in 2018 and is projected to reach $46.8 Trillion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Protective clothing refers to various suits and uniforms worn to protect the user from harm. Protective clothing protects the personnel from physical, electrical, heat, chemicals, biohazards, and airborne particulate matter. Disposable protective clothing offers protection without the inconvenience of having to decontaminate used suits.
Air Suspension Market Provides Smooth Drive In the Market Revenue
Air suspension is a type of suspension system used in vehicles to provide comfort to drivers while driving. The air suspension system present in vehicle is powered by an electric or engine-driven air pump or compressor. These factors have positively impacted the air suspension market growth. These pumps or compressors attached to the suspension system allows air to flow into the suspension system, which is usually made from textile-reinforced rubber.
Increasing Growth Across Linear Actuators Market
The Market for linear actuators especially in North America is chiefly driven by the increasing acceptance of automation across a huge number of industries, an increased focus on wastewater management, and the flourishing aerospace and defense industry. Linear actuators are employed in such as linearly actuated valves, pumps, industrial machinery, vehicular brakes and computer peripherals among others.
Thermal Spray Coatings Market Exhibits Strong Demand
Essential processes in manufacturing such as thermal spray coatings have been impacted since the end of 2019. The manufacturing sector is facing substantial supply chain disruptions. In addition, the COVID-19 outbreak has also resulted in a sharp decline in new orders. Further, the pandemic has generated concerns of a recession. These factors are expected to have a negative impact on the thermal spray coatings market in the near term.
Renault Lays Off Employees, Turkey Lays Taxes on Imports
French automaker Renault has announced that it will lay off 15,000 employees worldwide for an estimated €2 billion in savings, and 4,600 of the employees to be laid off are from France. It is stated that the rest will be from those working in the production centers of the company in other countries. Renault has nearly 180,000 employees in 39 countries.
NTSB Releases Report of Controversial Tesla Crash
The National Transportation Safety Board (NTSB) has provided a rare glimpse into the investigation of a fatal accident involving a Tesla Model X that crashed into a crash barrier at high speed in March 2018. The accident, which occurred in Mountain View, California, led to the death of Apple engineer Walter Huang. Documents published by the NTSB show that the Tesla autopilot feature was switched on 18 minutes before the impact.
Automotive Air Filter Market Breathes Easy
The Automotive Filters market 2020 is supposed to witness rapid developments. Air filters in automobiles facilitate the smooth functioning of the vehicle. It removes the solid unwanted particles from the engine intake, such as dust.
Global Collision Avoidance Sensors Market Growing Steady
Global collision avoidance sensors market is set to witness a healthy CAGR of 21.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption from luxury automobile manufacturers and increasing sale of luxury vehicles are the factor for the growth of this market.
Stunning Growth in Automotive Blockchain Market
The Automotive Blockchain Market is projected to grow at a CAGR of 31.19% during the forecast period and the market size is projected to grow from $35 billion in 2020 to $5.29 billion by 2030.
Jordanians Hope for Economic Growth Through Stimulus Measures
On Nоvеmbеr 18, Jordanian Prіmе Minister Omаr Razzaz lаunсhеd thе ѕесоnd еxесutіvе расkаgе of thе gоvеrnmеnt’ѕ есоnоmіс рrоgrаm, аіmіng to “improve the ѕtаndаrd оf living оf сіtіzеnѕ and іmрrоvе ѕеrvісеѕ provided to thеm.” Jordanians hope that the new government measures will trigger growth in a number of vital sectors, notably real estate, transport, and others. There is a need to focus on sectors that will lead to inclusive economic growth.
Exhaust System Market Sees Strong Growth
The Exhaust System Market is estimated to be $84.8 billion in 2018 and is projected to reach $128.2 billion by 2025, at a CAGR of 6.08%. Increasing vehicle production, continuous upgrades in emission regulation, upcoming emission-related regulatory compliances in developing countries, and technological partnerships between OEMs and Tier I players are projected to drive the global exhaust system market.
Metal Cutting Tools Market Growing Strong
Global Metal Cutting Tools Market Research Report: Information by Tool Type (Indexable Inserts and Solid Round Tools), Material Type (Cemented Carbide, High Speed Steel, Stainless steel, Ceramics, Polycrystalline Diamond, Cubic Boron Nitride and Exotic materials), Application (Automotive, Aerospace & Defence, Construction, Electronics, Oil & Gas, Power Generation, Wood, Die and Mold and others) and Region (North America, Europe, Asia–Pacific and Rest of the World) – Forecast till 2024.
Passenger Car Sensors Market Growing Impressively
The Asia Pacific Expected to Contribute Most Significantly to the Growth of the Global Passenger Car Sensors Market. Global Passenger Car Sensors Market to Grow Steadily Through the Forecast Period 2016 to 2022.
Check Engine Light Market Driven by Growing Adoption
According to a new market research report published by Credence Research “Global Check Engine Light Market (Type (Intermittent Check Engine Light, Continuous Check Engine Light) Application (Passenger Cars, Commercial Vehicles)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the global check engine light market is set to grow with a CAGR of 5.5% during the forecast period.
Vehicle Anti-Theft Market Sees High Growth Rate
The escalation in crime rates related to vehicles has registered a sharp uptick in recent years. Market reports linked to the automobile technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The Vehicle Anti-Theft Market is expected to attain an ascendant CAGR in the duration of the forecast period.
E-Drive for Automotive Market Shows Explosive Growth
E-Drive for Automotive Market Research Report – Forecast to 2023. The detailed report published by Market Research Future (MRFR) projects that the global e-drive for automotive market is marked to exhibit remarkable expansion at a CAGR of 14.72% during the forecast period of 2017-2023.
Double-Digit Growth in Silicon on Insulator Market
The Silicon on Insulator (SOI) market is projected to grow from $894 million in 2019 to $2.2 billion by 2024, at a CAGR of 19.6% from 2019 to 2024. Advancements in smartphones, tablets, earphones/headphones, and wearables are expected to fuel the growth of the market for consumer electronics, which use SOI wafers. Moreover, the rising adoption of SOI-based devices in advanced applications such as autonomous cars is also creating growth opportunities for the SOI market.
Automotive HMI Market Rising
The focus on enhanced user experience and convenience features coupled with the rising demand for advanced technology is projected to drive the automotive HMI market. The growth in demand for connected vehicles and autonomous cars is expected to result in a rise in demand for HMI applications. It is consequently a major driver for the automotive HMI industry.
Global Bicycles Market Driven by Health and Fitness
Research Nester released a report titled “Global Bicycles Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global bicycles market in terms of market segmentation by product type, demography, end user, distribution channel and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Double-Digit Growth in Electric Vehicle Battery Market
Electric Vehicle Battery Market is anticipated to record a CAGR of 18% over the forecast period. The electric vehicle battery market is expected to showcase a vibrant growth by the end of the forecast period. It expected to attain a total market size of $120 billion by 2027.
Attractive Opportunities in Automotive TIC Market
According to the new market research report “Automotive TIC Market by Service Type (Testing, Inspection, Certification), Sourcing Type, Application (Vehicle Inspection, Electrical Systems, & Components), and Geography; Periodic Technical Inspection Market, by Region – Global Forecast to 2024″, is expected to grow from $16.9 billion in 2019 to $22.1 billion by 2024, at a CAGR of 5.5%.
Waterjet Cutting Machine Market Records Robust Growth
The global waterjet cutting machine market is segmented by technology, industry, machine size, pressure range and application. By technology, the market is segmented into pure waterjet cutting technology and abrasive waterjet cutting technology. In terms of industry, the market is segmented into automotive, defense & aerospace, metal fabrication, electronics, textiles and others.
Automotive Glass Market Sees Robust Growth
Exponentially growing vehicle production and sales around the globe, increasing glass applications in passenger cars, growing popularity of SUV, and the trend of laminated side glazing to improve safety are identified as the key drivers for the automotive glass industry.
Automotive Interior Market Sees Promising Growth
The Automotive Interior Market is projected to grow from $235.59 billion in 2017 to $301.56 billion by 2022, at a CAGR of 5.06%. Increased demand for premium segment vehicles with advanced interior styling is one of the major factors for the growth of this market.
Global Climate Control System for Commercial Vehicle Market Seeing Strong Growth
Global Climate Control System for Commercial Vehicle market has seen remarkable growth; expected to rise at a CAGR of 4.50%. Rising Demand for EVs Anticipated to Push the Global Climate Control System for Commercial Vehicle Market
Increasing Production Drives Automotive Axle & Propeller Shaft Market
The Global Automotive Axle and Propeller Shaft Market size in terms of value is estimated to be $29.5 billion in 2019, which is projected to grow to $35.0 billion, by 2025 at a CAGR of 2.9%. Increasing production of heavy commercial vehicles, rising SUV demand, and growing adoption of AWD vehicles to get enhanced traction is expected to fuel the demand for Automotive Axle & Propeller Shaft Market.
Explosive Growth in Head-Up Display Market
The head-up display market is estimated to grow from $1.3 billion in 2018 to $4.7 billion by 2023, growing at a CAGR of 29.9% during the forecast period. The factors such as increase in awareness about passenger and vehicle safety; convenience offered by combination of satellite navigation technology and head-up display system; increase in demand for connected vehicles and technologically advanced HUDs drive the demand for head-up displays.
Growing Vehicle Production Drives Automotive Fasteners Market Growth
The Global Automotive Fasteners Market is projected to grow from an estimated $21.45 billion in 2018 to $25.30 billion by 2025, at a CAGR of 2.39% during the forecast period.
Growing Need Driving Automotive Cyber Security Market
Automotive Cyber Security Market is expected to grow at approximately $32 million by 2023, at 9% of CAGR between 2019 and 2023. Automotive Cyber Security Market, By Security Type (Cloud Security, Endpoint Security, Wireless Security, Application Security), By Vehicle Type (Passenger Cars), By Application (Communication Channels, Safety Systems) and Regional Forecast 2023.
Significant Demand in Automotive Safety System Market
The Global Automotive Safety System Market is estimated to be $82.80 billion in 2017 and is projected to reach $169.46 billion by 2025, growing at a CAGR of 9.36% during the forecast period.
Automotive Flywheel Market Innovation to See Modest Growth
Automotive Flywheel Market held a market is expected to grow at 5% CAGR during the forecast period. The report summarizes market review of the key segments in the market such as by Material, by Type, by Transmission, Vehicle Type, Sales Channel, Region, Forecast 2023.
Improving Infrastructure Driving Electric Vehicle Thermal Management System Market
The global electric vehicle thermal management system market is estimated to witness 9% CAGR during the forecast period. The improving electric vehicle infrastructure in countries such as China, Germany, South Korea, the US, and Japan, increasing production and sales of electric cars globally, growing demand for thermal cooling solution within the vehicles, stringent emission and fuel efficiency regulations, and the growing demand for energy-efficient battery-powered devices are the key factors driving this market.
Exponential Growth in Automotive Cyber Security Market
The Global Automotive Cyber Security Market is projected to grow at a CAGR of 23.16% during the forecast period, from $1.34 billion in 2018 to $5.77 billion by 2025.
Significant Growth in SUV Crossover Vehicles Market
Global Crossover Vehicles Market Research Report: Information By Type (Small Size, Mid-Size, Large Size), Drive Type (Front Wheel, Rear Wheel, and All-Wheel), Fuel Type (Petrol, Diesel), Gear Transmission (Manual, Automatic), Regional Forecast till 2023. Global crossover vehicles market has seen remarkable growth; expected to rise at a CAGR of 9%. Crossover vehicles having a great combination of passenger cars and commercial vehicles.
Impressive Growth in Global Electric Vehicle Connector Market
Electric Vehicle Connector Market Research Report: Information by Connector Type, Charging Type, Power Supply Range, Current Supply, Charging Station, Charging Speed, Component, Vehicle Type, Application, and Region – Global Forecast till 2023.
American Axle and Manufacturing Bonds, Short Term, High Yield, Fixed Income Investment, Yielding 6.7% YTM
This week, Durig looks at the auto industry to focus on a manufacturer who supplies components to many of the industry’s leader auto makers. American Axle & Manufacturing (NYSE:AXL), a leading supplier of driveline technology, recently released its second quarter results. The company registered solid free cash flow, net cash from operations and improving EBITDA and EBITDA margins (see bullets above).
Significant Growth in Power Distribution Unit Market
The global Power Distribution Unit Market is projected to reach $5.2 billion by 2024 from an estimated $3.7 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising investments in data centers along with increasing cloud-based networking are driving the demand for power distribution units.
Double-Digit Growth in Connected Car Market
The Global Connected Car Market is estimated to be $72.89 billion in 2017 and is projected to reach $219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Double-Digit Growth in Automotive Brake Fluid
Automotive brake fluid is an extremely essential element in modern vehicles. Market Research Future (MRFR) projects that the global automotive brake fluid market will exhibit a steady growth over next several years. As the name suggest, automotive brake fuel is used for maintaining the health of brakes – one of the most important components in a vehicle. Brake Fluids Continue to Find Widespread Application in Modern Vehicles.
Electric Commercial Vehicle Market Sees Substantial Growth
Electric Commercial Vehicle market is expected to progress with the substantial CAGR during the period, 2018 to 2023. Global Electric Commercial Vehicle market: Information by Vehicle Type, Component, Propulsion, Range, Region Forecast Till 2023
Strong Growth in Automotive Turbocharger Market
The Automotive Turbocharger Market is expected to grow at a CAGR of 9.39% during the forecast period, in terms of value. The market in 2018 is estimated to be $16.87 billion and is projected to reach $31.61 billion by 2025.
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