What Sells Electric Cars, IDTechEx Reports

BOSTON, Nov. 4, 2020 /PRNewswire/ — Tesla became the most valuable car manufacturer for many reasons, from glamour to having the longest-range vehicles. The IDTechEx report, «Electric Vehicles: Land, Sea and Air 2021-2041» gives the big picture. A long-range battery-electric vehicle BEV sells for 60% of its original price after three years but a short range one…

BOSTON, Nov. 4, 2020 /PRNewswire/ — Tesla became the most valuable car manufacturer for many reasons, from glamour to having the longest-range vehicles. The IDTechEx report, «Electric Vehicles: Land, Sea and Air 2021-2041» gives the big picture. A long-range battery-electric vehicle BEV sells for 60% of its original price after three years but a short range one retrieves only 20% regardless of purchase price. Indeed, Tesla does not sell cheap. Consider the United Kingdom.  

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The CEO of the UK motor trade association SMMT recently warned, «Just as the automotive industry is accelerating the introduction of the latest electrified vehicles, it faces the double whammy of a coronavirus second wave and the possibility of leaving the EU without a deal.»

He warned that electric vehicles could become more expensive under a no-deal Brexit, canceling out government incentives designed to tempt buyers into zero-emission vehicles. World Trade Organisation (WTO) tariffs would add £2,800 to the cost of electric vehicles. This would largely negate the government’s plug-in car grant, which sees electric vehicle buyers save £3,000 off the original price, he noted. Wrong emphasis. Tesla succeeds regardless of tariffs.  The European car industry can do the same.

The UK will benefit from trade deals being signed from Ukraine to Japan and maybe something will happen with the European Union but that is not key to the success of the UK Motor industry. It is making what is wanted in the light of tightening zero-emission legislation across the world, including in the UK. Having brought forward its ICE ban from 2040 to 2035 earlier this year, the UK Government is now likely to make that 2030. A large number of Conservative members of Parliament support the call. So does a coalition of fleet operators and the political opposition. The European Union, a global leader in emissions legislation, is also reviewing its position in this respect.

Meanwhile, we can see the effect of carrot instead of stick in London. The congestion zone is being expanded, parking restricted unless you are BEV. Londoners are moving to the outer regions for an affordable house and buying an affordable BEV even though many only have 200 miles range.

In the UK, Nissan, Jaguar-Land-Rover and some others are committed to primarily making BEVs but many UK car companies are not. Consequently, Londoners are often buying those affordable BEVs from Korea or China and luxury ones from Tesla. Could the SMMT make the point? So often, the future is in our own hands.

For more information on this report, please visit www.IDTechEx.com/EV or for the full portfolio of EV research available from IDTechEx please visit www.IDTechEx.com/Research/EV

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iTriangle Lauded by Frost & Sullivan for its End-to-end Automotive Telematics Solutions for a Diverse Range of Customers

Custom solutions and strong technology partnerships enable iTriangle to solutions across the transport ecosystem

MUMBAI, India, Nov. 4, 2020 /PRNewswire/ — Based on its recent analysis of the MEASA telematics and Internet of Things (IoT) solutions market, Frost & Sullivan recognizes

Custom solutions and strong technology partnerships enable iTriangle to solutions across the transport ecosystem

MUMBAI, India, Nov. 4, 2020 /PRNewswire/ — Based on its recent analysis of the MEASA telematics and Internet of Things (IoT) solutions market, Frost & Sullivan recognizes iTriangle Infotech Private Limited with the 2020 Indian Enabling Technology Leadership Award. Its end-to-end telematics platform and best-in-class innovative industry practices have made iTriangle the largest Indian vehicle telematics device manufacturer. To specifically address the demands of the Indian market, iTriangle developed modular solutions that free customers to purchase hardware and software separately. By managing entire projects, including hardware and software installation and maintenance, iTriangle has plugged the gap in the Indian market ecosystem with a turnkey solution.

iTriangle has acknowledged the unique requirements of each customer segment and developed solutions to suit those needs. TS101 Basic, its entry-level product, supports basic track-and-trace functions for commercial transport operators whereas its Bharat 101 for organizations looking to achieve compliance is the first telematics product that is Automotive Industry Standards (AIS)-140 compliant and certified by the Automotive Research Association of India. Another notable device is the UX101 for advanced users like cab operators and aggregators, school and employee transport operators, and mining operators.

«One of the key challenges iTriangle encountered in the Indian market was resistance from drivers who did not like the idea of being monitored. Acknowledging the need to earn drivers’ confidence, it offered training to help them understand how the technology would increase the number of trips and ultimately impact their remuneration,» said Kaushik Madhavan, industry analyst. «iTriangle assists the transport ecosystem, which is restructuring for optimum efficiency, to accept telematics solutions as a part of this initiative.»

iTriangle’s modular hardware and software can interface with any third-party front-end or back-end solution, flexibility that has expanded its network of partnering system integrators. For instance, it partnered with Qualcomm and MediaTek to develop its products on their chipset platforms for 4G and 2G communications. It is the first vehicle telematics company in India to start this sort of development program, enabling it to leverage the technological value to build automotive segment-specific product architecture. Overall, iTriangle’s partner network exceeds 200 system integrators and services more than 18 states in India through direct sales channels. It caters to all segments in the Indian automotive telematics market, including the vehicle security and surveillance sector, school and employee transport, and OEMs.

«Currently, iTriangle is working with two-wheeler and four-wheeler OEMs for a commercial rollout towards the end of 2020. It is involved with approximately 50 to 55 percent of all telematics projects in India,» noted Madhavan. «Compared to other companies in the telematics solutions industry, iTriangle offers superior devices that are flexible and cost-effective. For instance, its technologies work on a Linux platform that can integrate with a wider variety of sensors, providing greater value to customers. Its strong customer focus and partnerships have enabled it to penetrate global markets and achieve significant commercial success.»

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

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Tarini Singh
P: +91-20 6718 9725
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About iTriangle Infotech Private Limited

A Company Founded in 2009, Based in BangaloreIndia, and working in the field of Telematics/IoT. started with an objective of developing an end-to-end platform in the domain of telematics. Currently iTriangle Infotech has over 400000 Vehicle Telematics Hardware installations, predominantly in India and also in Middle East – North African Countries and USA. The company’s core competence is in Design, Development and Manufacturing in the domains of GPS/GIS/GSM/LTE and various related sensors. From an industry point of view, the company is focused in the verticals of Automotive, Infrastructure Management, Personal Security and Safety, Healthcare.

 

Reynolds U.K. launches Contact Advantage’s Claro, their Next Generation Showroom Application

New dashboard enhances efficiency in the showroom while providing key enquiry management information and individual KPIs

BIRMINGHAM, England, Nov. 3, 2020 /PRNewswire/ — The Reynolds and Reynolds Company today announced that Reynolds U.K. Automotive is launching Claro, a new, enhanced version of their Contact Advantage Showroom application.

Claro is a customer relationship management (CRM) solution powered by Contact Advantage that provides dealerships and original equipment…

New dashboard enhances efficiency in the showroom while providing key enquiry management information and individual KPIs

BIRMINGHAM, England, Nov. 3, 2020 /PRNewswire/ — The Reynolds and Reynolds Company today announced that Reynolds U.K. Automotive is launching Claro, a new, enhanced version of their Contact Advantage Showroom application.

Claro is a customer relationship management (CRM) solution powered by Contact Advantage that provides dealerships and original equipment manufacturers (OEMs) a comprehensive tool for managing the complete sales cycle, from the initial customer contact and enquiry management through vehicle purchase.

Claro introduces a new dashboard that displays all the key enquiry management information and key performance indicators (KPIs) in a single, configurable view, while also speeding up task completion and enhanced diary management to promote efficiency.

«Among the several significant enhancements we’ve made with Claro, our customers are most excited about our dynamic new user dashboard,» said Rob Lewis, Managing Director of Contact Advantage. «Both sales executives and managers can create a tailored homepage that provides visibility for all enquiry information in one location, increasing convenience, saving time, and ensuring sales targets are front and centre of everything we see.»

In addition to the new dashboard, other updates within Claro include revised «To-Do List,» «Diary,» and «4-square» interfaces designed to improve workflow, ease-of-use, and effectiveness.

«We’ve also reduced the number of screens it takes to perform an action, simplifying workflow and speeding up task completion without sacrificing any functionality,» added Rob Lewis. «All of these upgrades point back to our ultimate goal for Claro: ensuring every potential customer is identified and followed-up with and that every element of the sales process is fulfilled – on time, every time.»

To learn more about Contact Advantage’s Claro, click here.

About Reynolds
Reynolds and Reynolds in the U.K. provides automotive retailing solutions for car dealers and manufacturers. The company has been at the forefront of the computer industry since the 1960s and has provided innovative solutions to the automotive market place, along with comprehensive hardware maintenance and surround services for more than 50 years. Reynolds and Reynolds is headquartered in the U.S. and serves automotive dealerships with software, business forms, and services in North America, Canada, the U.K., and Europe.

For more information: www.reyrey.co.uk

 

Growing Focus of Four-wheel Drive Tractor Manufacturers toward Products Advancements Projected to Fuel Market Growth: TMR

– The global four-wheel drive tractor market is predicted to account for approximately US$ 22.9 Bn by 2030. Increased focus of farmers from across the globe toward using advanced equipment for farming is likely to drive market expansion

– On regional front, the market is estimated to gain stupendous demand opportunities in North America

ALBANY, N.Y., Nov. 3, 2020 /PRNewswire/ — Growing demand for large and…

– The global four-wheel drive tractor market is predicted to account for approximately US$ 22.9 Bn by 2030. Increased focus of farmers from across the globe toward using advanced equipment for farming is likely to drive market expansion

– On regional front, the market is estimated to gain stupendous demand opportunities in North America

ALBANY, N.Y., Nov. 3, 2020 /PRNewswire/ — Growing demand for large and more advanced tractors for various agricultural applications is projected to generate promising growth opportunities in the global four-wheel drive tractor market in the years ahead.In addition to this, the market vendors are foreseen to gain prominent sales opportunities on the back of increased use of four-wheel drive tractors in construction and mining activities.

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The four-wheel drive tractor market is likely to grow at CAGR of 3.5% during forecast period of 2020 to 2030, note analysts at TMR. This growth is attributed to plethora of factors such as technological advancements in the sector, thriving agricultural sector in developing countries, and rising shift toward farm mechanization and precision farming.

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Key Findings of Four-Wheel Drive Tractor Market Report

  • The four-wheel drive tractor market is foreseen to account for US$ 22.9 Bn by 2030 end.
  • The market is estimated to show growth at a CAGR of 3.5% during forecast period of 2020 to 2030.
  • In terms of power output, the 40 HP to 100 HPsegment is projected to gain major market share during assessment period.
  • Based on propulsion, diesel was dominating segment in the four-wheel drive tractor market during historical period.
  • The abovementioned segment is likely to continue its dominance in the forecast period.
  • On regional front, North America is predicted to offer lucrative avenues for four-wheel drive tractor market.

Explore 327 pages of top-notch research, incisive insights, and detailed country-level projections on Four-wheel Drive Tractor Market (Power Output: Less than 40 HP, 40 HP to 100 HP, 100 HP to 200 HP, and Above 200 HP; Propulsion System: Diesel, Hybrid Electric, and Electric; Operation: Manual and Autonomous; and End Use: Farm, Construction & Mining, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/four-wheel-drive-tractor-market.html

Four-Wheel Drive Tractor Market: Key Driving Factors and Promising Avenues

  • The global four-wheel drive tractor market is all set to gather promising sales opportunities during forecast period of 2020 to 2030. One of the key factors fueling market growth is increased efforts by tractor manufacturers to incorporate advanced technologies in their products. This strategy is helping vendors improve the efficiency of their products.
  • In recent years, the market is witnessing increased consumer inclination toward the use of tractors that help reducing carbon emissions. This factor is likely to boost demand opportunities in the four-wheel drive tractor market.
  • In recent decade, majority of farmers from all worldwide locations are growing use of four-wheel drive tractors as agricultural equipment. Thus, acceptance of this product in numerous developed as well as developing economies is foreseen to propel the market in the forthcoming years.

Analyze global four-wheel drive tractor market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Four-Wheel Drive Tractor Market: Competitive Assessment

  • Presence of many enterprises in the four-wheel drive tractor market is indicative of highly intense competitive landscape of this market.
  • Major players are using various strategies to gain prominent market position. Some of the important strategies executed by players in the four-wheel drive tractor market include mergers, acquisitions, partnerships, and collaborations.
  • Several vendors in the global four-wheel drive tractor market are growing efforts toward innovating their products. As a result, they are investing heavily in research activities. Thus, all these activities are predicted to help in rapid expansion of the global four-wheel drive tractor market during forecast period of 2020 to 2030.
  • Some of the important companies profiled in the study on four-wheel drive tractor market includeCLAAS KGaA GmbH, AGCO Corporation, Deere & Company, CNH Industrial N.V., Hitachi, Ltd., Escorts Limited, Mahindra & Mahindra Ltd., Komatsu Corp., YANMAR CO., LTD, and SAME DEUTZ-FAHR Italia S.p.A.

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The four-Wheel drive tractor market can be segmented as follows:

Power Output

  • Less than 40 HP
  • 40 HP to 100 HP
  • 100 HP to 200 HP
  • Above 200 HP

Propulsion System

  • Diesel
  • Hybrid Electric
  • Electric

Operation

  • Manual
  • Autonomous

End Use

  • Farm
  • Construction & Mining
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia Pacific
  • South Asia Pacific
  • Middle East & Africa

Explore Transparency Market Research’s award-winning coverage of the Global Automotive & Transport Industry:

Automotive Radiator Fan Market – The global automotive radiator fan market is expected to grow at a steady CAGR of ~2% during the forecast period. The market growth can be primarily attributed to the growing adoption of lightweight radiator fans made from aluminum and steel, particularly by participants operating in the Asia Pacific region. The flourishing automotive sector, particularly in India and China will also contribute to the overall development of the global automotive radiator fan market during the forecast period.

Microcars Market – The global microcars market is expected to grow at a staggering CAGR of ~15% during the forecast period. Technological advancements, growing regulatory pressure pertaining to environmental protection, and high demand for electric and hybrid microcars are some of the leading factors that are expected to boost the expansion of the global microcars market during the assessment period.

Forklift Tire Market – Rising trend of online shopping has increased the demand for advanced material handling equipment in warehouses. e-Commerce and third-party logistics companies in the market are increasingly adopting forklifts in warehouses and distribution centers to provide rapid delivery of products to customers, which in turn is boosting the forklift tire market.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Automotive Interior Market worth $153.8 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 3, 2020 /PRNewswire/ — According to the new market research report «Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025″,…

CHICAGO, Nov. 3, 2020 /PRNewswire/ — According to the new market research report «Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast period.

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Technological advancements in current generation automotive interior components and the increasing trend of connected and autonomous vehicles are further expected to drive the Automotive Interior Market. Overall, the changing preferences of buyers, improved standards of living, and focus of OEMs to provide comfort and convenience are also expected to drive the growth of the Automotive Interior Market.

Browse in-depth TOC on «Automotive Interior Market»

308 – Tables
66 – Figures
294 – Pages

The COVID-19 pandemic has resulted in halted production and plunging sales and has forced the key players in the global automotive field to rethink their strategies. Rescheduling the launch of models and projects, stabilizing dealer networks, managing cash carefully, and reviewing investment portfolios have affected the production and sales of passenger and commercial vehicles across the globe, which has resulted in a dip in the Automotive Interior Market in 2020 as compared to 2019. The development and implementation of safety features are expected to slow down as well.

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HUD segment, by component, is estimated to be the fastest-growing Automotive Interior Market during the forecast period.

The head-up display (HUD) is a device that displays information about the vehicle and the external environment in the driver’s field of view. It reduces driver distraction and helps the driver to concentrate on the road. The HUD has become a key advanced driver assistance system. The increasing demand for comfort and safety functions has encouraged auto manufacturers to invest in advanced in-vehicle safety functions. The increasing demand for safety functions is encouraging vehicle manufacturers to develop features for mid-segment and economy segment vehicles too. The HUD market growth can be attributed to the high luxury vehicle production capabilities coupled with high demand for luxury and convenience features.

Passenger car segment, by vehicle type, is estimated to be the fastest-growing market during the forecast period.

Due to the higher production of passenger cars than other vehicle segments, the passenger car segment is projected to have the largest share of the Automotive Interior Market during the forecast period. Passenger vehicles require high-quality interiors as compared to LCVs and HCVs due to end-user demand. The amount of money spent on quality, comfort, and styling of automotive interiors is much higher in the case of personal use than commercial use. Also, the increased disposable income in developing countries is driving the growth of the Automotive Interior Market for passenger vehicles. Passenger vehicles are the most focused segment for automotive interior manufacturers. The technologies used in this type of vehicle are frequently changing due to the high demand from consumers for luxury and convenience features. Also, government regulations for emissions and safety for passenger vehicles are frequently changing. The manufacturers must reduce the weight of passenger vehicles and offer comfort and safety at a lower price. Due to the increasing demand for autonomous and electric vehicles, the electronic content is frequently increasing in passenger vehicle interiors, which, in turn, is driving the growth of the passenger car interior market.

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Asia Pacific is estimated to be the fastest-growing market for automotive interior in 2020

Asia Pacific is projected to be the fastest-growing market for automotive interiors. Leading automakers in this region, such as Toyota, Honda, and Hyundai, are embracing the advantages of advanced seating systems, lighting, electronics, and various safety systems, making them essential features across their car models. Major countries in this region, such as China, Japan, India, and South Korea, are anticipated to witness the rapid adoption of new technologies. China, due to its high vehicle production capacity, is expected to significantly contribute to the market growth in Asia Pacific. Increasing demand for a safe, efficient, and convenient driving experience; rising disposable income in emerging economies; and stringent safety regulations across the region are also expected to contribute to market growth.

The Automotive Interior Market is dominated by globally established players such as Continental AG (Germany), Faurecia SA (France), Grupo Antolin (Spain), Marelli (Japan), and Magna International Inc. (Canada), Adient (US), Toyota Boshoku (Japan), Visteon (US), Dräxlmaier Group (Germany), Panasonic Corporation (Japan), and Yanfeng Automotive Interiors (China), among others.

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Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting and Region – Global Forecast to 2025

Automotive Seats Market by Type & Technology (Heated-Powered, Heated-Ventilated, Heated-Memory, Heated-Ventilated-Memory, Heated-Ventilated-Memory-Massage), Trim & Frame Material, Component, Vehicle (ICE, Electric,OHV) and Region – Global Forecast to 2025

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Recovery in Economic Activities to Invigorate Demand in Automotive Heat Shield Market, Valuation to Surpass US$ 10.3 Bn by 2030: TMR

– Upswing in automotive sales around the world to revitalize growth in automotive heat shield market, Asia Pacific and Europe expected to remarkably lucrative markets

– Suppliers of industrial chemicals are leaning on constant innovation by testing materials with high performance and safety, and examples are nanometric coating-induced heat shields and self-adhesive heat shield

ALBANY, N.Y., Nov. 2, 2020

– Upswing in automotive sales around the world to revitalize growth in automotive heat shield market, Asia Pacific and Europe expected to remarkably lucrative markets

– Suppliers of industrial chemicals are leaning on constant innovation by testing materials with high performance and safety, and examples are nanometric coating-induced heat shields and self-adhesive heat shield

ALBANY, N.Y., Nov. 2, 2020 /PRNewswire/ — Automakers seek high-performance heat management materials for maintaining the integrity of automotive component and improving the overall performance of vehicles. Focus on safety of automobiles has boosted the integration of emission control mechanisms and efficiency boosting devices such as catalytic converters, exhaust pipes, and turbochargers, thereby propelling the deployment of automotive heat shields.

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The automotive heat shield market has made strides from the trend of discovery of novel heat management solutions for the automobile industry particularly for high-performance vehicles such as sports utility vehicles and multi-utility vehicles.

Vehicle manufacturers are keen on adopting automotive heat shields that combine heat management and are also high on aesthetics.

The global automotive heat shields market is expected to clock a CAGR of ~4% during 2020-2030. In the increasingly fragmented competitive landscape, assert analysts at TMR, prominent players in the self-adhesive heat shields should be relentlessly focused on offering novel materials to vehicle manufacturers. By 2030-end, the market is expected to surpass US$ 10.3 Bn.

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Key Findings of Automotive Heat Shield Market Report

  • Of all the vehicle types, passenger vehicles held the major share in automotive heat shields market in 2019
  • Of all the key types, rigid heat shield was the leading segment in 2019
  • Asia Pacific held the dominant segment in 2019 in the global automotive heat shields market
  • Globally, Europe also held a substantial share in the same year
  • Rise in R&D activities by prominent tier-1 suppliers will help propel Europe market during forecast period

Explore 288 pages of top-notch research, incisive insights, and detailed country-level projections on Automotive Heat Shield Market (Type: Rigid Heat Shield and Flexible Heat Shield; Vehicle Type: Passenger Vehicle and Commercial Vehicle; and Application: Turbo Heat Shields, Thermal Sleeves, Exhaust Manifold & Header Wrap, Exhaust Manifold & Header Heat Shield, Catalytic Converter & Exhaust Pipe, Underbody Heat Shield, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/heat-shield-market.html 

Automotive Heat Shield Market: Key Driving Factors and Promising Avenues

  • A large drive for the automotive heat shield market comes from the demand for heat management systems in several of the heat sources present in the automotive components.
  • The demand for lightweight materials that can act as heat dissipation or sink to high-heat prone components, propelled the adoption of high-temperature automotive applications. Also, the demand for coatings that can enhance the aesthetic appeal of heat sinks has unlocked new revenue streams such as ceramics.
  • Numerous new avenues in the market have come from constant advances in materials used. The heat sinks need to withstand harsh environmental condition vehicles are constantly exposed to.
  • The advent of self-adhesive heat shields with pressure-sensitive adhesives has expanded the capitalization avenue for material suppliers in the automotive heat shield market.
  • Proliferating in the use of turbochargers and superchargers in new generation of devices such as multi-utility vehicles and sports utility devices is bolstering the sales.
  • Swelling number of passenger vehicles that need to meet regional regulations pertaining to emissions and carbon footprint are bolstering the expansion of the market.
  • Professional racecars are emerging as a new avenue for the marketing of heat shield materials.
  • The need for improving the safety and efficacy of automotive has bolstered the demand for heat management solutions among original equipment manufacturers.
  • Efforts by governments to spur sales of vehicles through a favorable taxation policy in various countries has also boosted the outlook of the automotive heat shield market.

Analyze global automotive heat shield market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Automotive Heat Shield Market: Regional Assessment

Key Impediments to Automotive Heat Shield Market Stakeholders

Recent few months have put a snag in expansion in the automotive heat shield market due to economic activities coming to grinding halt in numerous key caused large disruption in automobile production activities and slowed down the consumer demand.

However, in recent weeks, as economic activity is picking up pace in key geographies, there is a gradual uptick in demand for automotive. Especially in European nations, China, and Japan, suppliers of heat shield materials will see rise in demand. Sales of vehicles are also expected to rise and reach pre-COVID era, thus painting an optimistic scenario in the coming months.

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The Automotive Heat Shield Market has been segmented as follows:

Automotive Heat Shield Market, by Vehicle Type

  • Passenger Vehicle
    • Hatchback
    • Sedan
    • Utility Vehicle
  • Commercial Vehicle

Automotive Heat Shield Market, by Type

  • Rigid Heat Shield
  • Flexible Heat Shield

Automotive Heat Shield Market, by Application

  • Turbo Heat Shield
  • Thermal Sleeves
  • Exhaust Manifold & Header Wrap
  • Exhaust Manifold & Header Heat Shield
  • Catalytic Converter & Exhaust Pipe
  • Underbody Heat Shield
  • Others

Automotive Heat Shield Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Explore Transparency Market Research’s award-winning coverage of the Global Automotive & Transport Industry:

Automotive Aluminum Extrusion Market – The global automotive aluminum extrusion market is anticipated to expand at a CAGR of 6% during the forecast period, owing to increase in demand for lightweight vehicles across the globe due to enactment of stringent emission norms across the globe. This, in turn, is likely to increase the demand for aluminum extrusion in automotive applications. Rise in demand for electric vehicles across the globe is likely to propel the automotive aluminum extrusion market, as the use of aluminum in electric vehicles helps enhance the range of these vehicles.

Rocker Arm Assembly Market – The global rocker arm assembly market is expected to expand at a sluggish CAGR of ~1% during the forecast period. The market growth is anticipated to remain sluggish due to the narrow scope of using rocker arms in other industrial sectors apart from the automotive industry. Moreover, the demand for rocker arm assembly is projected to remain steady during the forecast period due to the expanding automotive sector in developing regions, advancements in technology, and increasing focus on producing aluminum-based rocker arm.

Front-end Module Market – The global EV platform market is expected to expand at a moderate CAGR of ~3.5% during the forecast period. The market growth is primarily driven by growing demand for electric vehicles, increasing government support for electric vehicles, development of cutting-edge electric vehicle technology, and tightening environment protection laws and regulations.

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Radar Market to Garner $49.43 Billion, Globally, by 2027 at 3.80 % CAGR, Says Allied Market Research

Increase in demand for radar systems in automotive and defense industries, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market.

PORTLAND, Ore., Nov. 2, 2020 /PRNewswire/ — Allied Market Research recently published a report, «Radar Market by Product Type (Continuous Wave Radar, Pulse Radar, and Others),Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground…

Increase in demand for radar systems in automotive and defense industries, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market.

PORTLAND, Ore., Nov. 2, 2020 /PRNewswire/ — Allied Market Research recently published a report, «Radar Market by Product Type (Continuous Wave Radar, Pulse Radar, and Others),Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation & Control), and End User (Automotive, Aviation, Industrial, Weather Monitoring, Military & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027». According to the report, the global radar industry was pegged at $ 32.56 billion in 2019, and is projected to reach $ 49.43 billion by 2027, growing at a CAGR of 3.80% from 2020 to 2027.

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Major drivers of the market growth-

Increase in demand for radar systems in automotive and defense industries, rise in advancements in radar technology, and increase in territorial battles drive the growth of the global radar market. However, high cost of radar system impedes the growth to certain extent. Moreover, high investment from developed countries in military sector creates a number of opportunities for the market players.

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COVID-19 Scenarios-

  • Due to the global lockdown, the projects and plans regarding the implementation of the Radar system have been suspended. Furthermore, the investments for new projects have been put to a hold.
  • The manufacturing processes have been adjourned as well. In addition, the industry has witnessed a drop in demand from the automotive industry.
  • Nevertheless, the government has imposed certain relaxations on restrictions, which is anticipated to assist the industry to reinitiate the plans and projects.

The continuous wave radar segment dominated the market-

By product type, the continuous wave radar segment held the largest share in 2019, accounting for more than two-fifths of the global radar market. Additionally, the segment is expected to register the highest CAGR of 3.0% during the forecast period. The increase in demand for continuous wave radar systems to simultaneously transmit the light signal and continuously receive an echo reflections which is scattered from the objects is the major factor that drives the growth of the segment.

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The ground segment to manifest highest CAGR through 2027-

By platform, the ground segment is projected to portray the highest CAGR of 5.0% during the forecast period. This is attributed to the rise in developments in defense & military and automotive sector. However, the air segment held the largest share in 2019, accounting for nearly one-third of the global radar market. Features such as high sensitivity and finely resolved vertical profiles to characterize precipitation microphysics for the benefit of model parameterizations and process understanding drive the segment growth.

North America held the largest market share in 2019-

By region, the global radar market across North America held the largest share in 2019, accounting for nearly one-third of the total revenue share. Increase in road victims, rapid urbanization, changing consumer lifestyles, and stimulating demand for radar in luxury vehicle augment the growth of the market in this region. On the other hand, the Asia-Pacific region is expected to manifest the highest CAGR of 5.6% during the forecast period. Increase in the defense budget of India and China and surge in demand for surveillance radar for security surveillance, reconnaissance, and modern air defense system drives the market in Asia-Pacific region.

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Major market players

  • L-3 Communications Holdings
  • General Dynamics Corporation
  • Dassault Aviation
  • BAE Systems
  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • SAAB AB
  • Rockwell Collins Inc.
  • Thales Group
  • Honeywell International Inc.

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Similar Reports:

Global & Asia-Pacific Radar Market by Product Type (Continuous Wave Radar, Pulse Radar, and Others), Platform (Marine, Air, Ground, and Space), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, and Space Navigation & Control), and End User (Automotive, Aviation, Industrial, Weather Monitoring, Military & Defense, and Others): Opportunity Analysis and Industry Forecast, 2020–2027

Radar Transceiver IC Market by Technology (RF CMOS, Bi CMOS), Application (Collision Avoidance, Lane Change Assist, Autonomous Emergency Braking, and Others), and Range (Short Medium and Long): Global Opportunity Analysis and Industry Forecast, 2019–2026

RADAR Sensor Market By Type (Imaging RADAR and Non-Imaging Radar), By Range (Short-Range RADAR Sensors, Medium-Range RADAR Sensors, and Long-Range RADAR Sensors), and By End User (Automotive, Security & Surveillance, Industrial, Environment & Weather Monitoring, Traffic Monitoring, and Other End Users): Global Opportunity Analysis and Industry Forecast, 2020-2027

Ground Penetrating Radar Market By Type (Handheld Systems, Cart-Based Systems, and Vehicle-Mounted Systems), Application (Utility Detection, Concrete Investigation, Transportation Infrastructure, Archaeology, and Others), and Offering (Equipment and Services): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Automotive Backup Camera Market to Reach $3.86 Bn, Globally, by 2026 at 8.7% CAGR: Allied Market Research

– Rise in number of fatalities leading to rising adoption of backup cameras and increase in demand for passenger vehicles coupled with safety and security concerns among consumers fuel the growth of the global automotive backup camera market

PORTLAND, Ore., Nov. 2, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Backup Camera…

– Rise in number of fatalities leading to rising adoption of backup cameras and increase in demand for passenger vehicles coupled with safety and security concerns among consumers fuel the growth of the global automotive backup camera market

PORTLAND, Ore., Nov. 2, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Backup Camera Market by Position (Surface Mounted, Flush Mounted and License Mounted), Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2019–2026.» According to the report, the global automotive backup camera industry garnered $1.95 billion in 2018, and is estimated to reach $3.86 billion by 2026, witnessing a CAGR of 8.7% during the forecast period, 2019–2026.

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Drivers, restraints, and opportunities-

Increase in number of fatalities leading to rising adoption of backup cameras and surge in demand for passenger vehicles coupled with safety and security concerns among consumers drive the growth of the global automotive backup camera market. On the other hand, high installation cost of the system hampers the growth to some extent. However, increase in trend of installing advanced driving system and legislations mandating installation of backup cameras in vehicles are expected to create a number of lucrative opportunities for the key players in the industry.

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The surface mounted segment to lead the trail till 2026-

Based on position, the surface mounted segment contributed to nearly half of the global automotive backup camera market in 2018, and is expected to retain its dominance throughout 2019–2026. The same segment is also projected to register the fastest CAGR of 9.8% by the end of 2026. Increasing trend toward the aftermarket installation of backup cameras in existing vehicles to ensure safety has boosted the growth of the segment.

The passenger vehicle segment to dominate during the estimated period-

Based on vehicle type, the passenger vehicle segment accounted for three-fourths of the global automotive backup camera market in 2018, and is anticipated to rule the roost during the estimated period. Installation of backup camera in passenger automobiles helps identify the rear blind spots of the vehicle, thereby ensuring safety of the same while reversing, and this factor has stimulated the growth of the segment. Simultaneously, the commercial vehicle segment would cite the fastest CAGR of 10.2% by 2026. This is because commercial vehicles tend to find major application of backup cameras in them.

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North America garnered the major share in 2018-

Based on geography, North America held the largest share in 2018, generating more than one-third of the global automotive backup camera market. The mandatory installment for rear camera/backup camera has accelerated the demand for the system in the region. The region across Asia-Pacific, on the other hand, would showcase the fastest CAGR of 12.6% throughout the forecast period. This is due to the presence of strict government regulations for the installation of backup camera in vehicles.

Leading players in the market-

  • Continental AG
  • Aptiv PLC
  • Yada
  • Stonkam AG
  • Valeo
  • Magna International
  • Robert Bosch GmbH
  • OmniVision Technologies
  • Delphi Technologies
  • Pyle

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Automotive Camera Market by Application (Park Assist System, Lane Departure Warning System, Adaptive Cruise Control System, Driver Monitoring System, Autonomous Emergency Braking System, Blind Spot Detection, and Others), Technology (Thermal Camera, Digital Camera, and Infrared Camera), and Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles) – Global Opportunity Analysis and Industry Forecast, 2018-2025

Vehicle Tracking Systems Market by Type (Active and Passive), Vehicle Type (Commercial Vehicles, Passenger Vehicles), Application (Mobile Tracking, Cellular Tracking, Satellite Tracking), and Industry Vertical (Transportation & Logistics, Construction & Manufacturing, Aviation, Retail, Government, Other Industry Verticals): Global Opportunity Analysis and Industry Forecast, 2018 – 2025

In-Car Infotainment Market by Installation Type (OEM and Aftermarket) and Component (Hardware and Software): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Automotive Camera & Camera Module Market – Opportunities and Forecasts, 2014 – 2022

Luxury Vehicles Market – Opportunities and Forecasts, 2014 – 2022

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GAC MOTOR Recognized as Champion of J.D. Power Initial Quality Study for China Brand for Eight Consecutive Years

GUANGZHOU, China, Oct. 31, 2020 /PRNewswire/ — Recently, J.D. Power publicized its 2020 China Initial Quality Study (IQS) report, and as the third-party survey authority, it provides the customers with reliable reference for purchasing cars. In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.

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GUANGZHOU, China, Oct. 31, 2020 /PRNewswire/ — Recently, J.D. Power publicized its 2020 China Initial Quality Study (IQS) report, and as the third-party survey authority, it provides the customers with reliable reference for purchasing cars. In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.

J.D. Power Publicized Initial Quality Study, GAC MOTOR Emerged as the China Brand Champion By its High Quality

As one of the most professional and authoritative institutions for consumer insight and market research, J.D. Power is well-known for its independence and objectivity. The 2020 China Initial Quality Study (IQS) covers 241 models of 57 brands, identifies 218 issues of initial quality, and records 32,536 users’ feedback, showcasing brand trust and reliability.

Eight consecutive years of China brand champion have proven the stable and reliable GAC MOTOR quality, as recognized by the markets and authorities.

GAC MOTOR has always been strictly controlling vehicle quality and reliability on all aspects and improving each model’s elaborative designs. This year, GAC MOTOR has initiated the QDR project, i.e. high Quality, high Durability, and high Reliability, taking it as a comprehensive indicator for product quality and improved durability standards and quality, and consistently guarantees high quality for the customers.

The outstanding quality control and supply chain system equip each model with extraordinary quality. GS3 ranks first in the mini SUV segment in J.D. Power Initial Quality Research (IQS), with the product quality recognized by highly-regarded institutions. As one of the world’s best-selling stars, GS3 presents customers with a high-tech and high-quality mobility solution with its lordly and fashionable appearance, high-tech interior design, and comfortable driving and control experience widely favored by consumers from all over the world.

Another star model GN6 was recognized by J.D. Power and ranks second in the list of mid-size MPVs. Combining quality and fashion, capaciousness and comfort, intelligence, and safety, GN6 is a selected choice for high-end business reception and suitable for family leisure and caters to the diversified needs of consumers.

At present, GAC MOTOR has extended to 26 countries and regions worldwide, preliminarily built the sales and service networks. Despite the pandemic’s continued impact, GAC MOTOR has grown against the industrial trend and demonstrated strong momentum of steady development.

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Half a century in the service of safety: Volvo Cars’ Accident Research Team celebrates 50 years

GOTHENBURG, Sweden, Oct. 30, 2020 /PRNewswire/ — At Volvo Cars, they are known as the company’s in-house detectives. Yet they could also be called the Swedish car maker’s own CSI team, with a little twist on the acronym of TV fame.

GOTHENBURG, Sweden, Oct. 30, 2020 /PRNewswire/ — At Volvo Cars, they are known as the company’s in-house detectives. Yet they could also be called the Swedish car maker’s own CSI team, with a little twist on the acronym of TV fame.

The crash scene investigators of the Volvo Car Accident Research Team, which celebrates its 50th anniversary this year, are ready around the clock to make sure that Volvo Cars learns from real-life accidents and constantly improves its cars.

«The Accident Research Team’s hard work and research allows Volvo Cars to make sure that a tragic traffic accident can lead to something good: ever safer cars,» says Malin Ekholm, head of the Volvo Cars Safety Centre. «By closely analysing what has happened during each phase of an accident, the team provides crucial information on what can be improved on our cars.»

The team has been in operation since 1970. Whenever an accident involving a Volvo occurs around Gothenburg, Sweden, be it night or day, they quickly get to the scene when notified. As they arrive, they start an investigation and document the sequence of events as detailed as possible.

That means asking questions. How forceful was the impact? How quickly did the active safety systems intervene? How are the passengers? Other questions include: What was the weather like? What was the time? In what condition were the road markings?

The work continues back at the office: the team requests publicly accessible police reports, contacts the driver and examines the car when possible. The team also tries to understand how the driver experienced the accident, a process that involves the Volvo Cars Safety Centre’s behavioural scientists.

Finally, the team will ask the people involved in the accident to share their medical records, which allows them to take note of any injuries sustained. These are analysed by biomechanics experts, in cooperation with physicists, to understand the exact causes of the injury.

All the data and knowledge collected is coded and depersonalised. Conclusions from this research are shared with Volvo’s product development teams, who use it to develop and implement new technologies in upcoming cars. The team also identifies things that can’t be solved today – allowing Volvo Cars to remain at the forefront of safety development.

Every year, the team investigates around 30-50 accidents in person, but accidents happen all over the world and the scene can be hard to reach on time. In those cases and to the degree possible, the detectives work to map out accidents with the support from Volvo personnel and emergency services closer to the site.

On top of that, the team also uses other sources of information such as public accident databases found globally to make sure that the necessary steps are taken.

«The Accident Research Team is far from the only source of research data for our safety experts, but it plays an important role for us to really understand the details,» adds Malin Ekholm. «Accidents do still happen, but nowadays the consequences are much milder and serious injuries are much rarer than they used to be.»

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Volvo Cars Media Relations
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