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.
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.
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%.
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.
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.
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).
Air Powered Vehicle Market Size To Expand at a Notable CAGR Of 15% During 2018 – 2023, “Global Air Powered Vehicle Industry” published by Market Research Future, The Global Air Powered Vehicle market expected to rise at a 15% CAGR by 2023. Global Air Powered Vehicle Market Information by Energy Mode (Single Energy Mode, Dual Energy Mode), Vehicle Type (Passenger Car, LCV, HCV), Region with Forecast till 2023.
The Vehicle Electrification Market is projected to grow at a CAGR of 9.1% to reach $142.1 billion by 2027 from $71 billion in 2019.
The vehicle electrification market is driven by factors such as stringent emission and fuel efficiency regulations around the globe. Increasing demand for passenger cars is boosting this electrification effect. Alternatively, the higher cost of electric vehicles can undermine the demand for vehicle electrification.
The Global Solar Vehicle Market is projected to grow at a CAGR of 36.4% during the forecast period to reach 107,380 units by 2030 from projected 8,955 units by 2022. A solar vehicle is an electric vehicle integrated with solar panels. Generally, solar panels consist of photovoltaic cells which help to convert solar energy into electric energy. The propulsion of these vehicles is usually offered through solar energy, and the efficiency of solar modules defines the propulsive force of the vehicle.
Automotive throttle position sensor is used to monitor the air intake of an engine. The throttle position sensor is usually located on the butterfly shaft, so that it can directly monitor the position of the throttle. In the current technology-driven automotive industry, the throttle position sensor is manufactured with low-cost heat resistant materials to withstand high-temperature range.
The is projected to be $743.2 million by 2017 and expected to grow at a CAGR of 6.21%, during the forecast period, to reach a market size of $1 billion by 2022. The continuously increasing demand for electric vehicles (EVs) and hybrid electric vehicle (HEVs), along with the growing integration of renewable energies into main power supply grids is driving the laminated busbar market.
On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade. Estimated at a CAGR value of 5.9% over 2018-2028, the market will reportedly expand to reach beyond $10 billion by 2028 end.