Automotive LiDAR Market Size to Reach USD 772 Million by 2026 – Valuates Reports

BANGALORE, India, Aug. 4, 2020 /PRNewswire/ — Light Detection and Ranging( LiDAR) is a remote sensing system used to monitor an area using light. Automotive LiDAR devices use pulsed laser light to measure the distance between two vehicles using a sensor to illuminate the desired target and to measure the reflected pulses. This system is used to enhance the navigational capability by identifying and avoiding obstacles in the route. LiDAR does so by offering simple, 3D snapshots of each object in the…

BANGALORE, India, Aug. 4, 2020 /PRNewswire/ — Light Detection and Ranging( LiDAR) is a remote sensing system used to monitor an area using light. Automotive LiDAR devices use pulsed laser light to measure the distance between two vehicles using a sensor to illuminate the desired target and to measure the reflected pulses. This system is used to enhance the navigational capability by identifying and avoiding obstacles in the route. LiDAR does so by offering simple, 3D snapshots of each object in the vicinity of the vehicle.

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The global Automotive LiDAR market size is projected to reach USD 772 Million by 2026, from USD 184 Million in 2019, at a CAGR of 22.7% during 2020-2026.

The study provides a detailed overview of current & emerging industry patterns and dynamics in the global automotive LiDAR market. The Automotive LiDAR Market report provides the industry’s quantitative analysis, along with current trends and future estimates to identify the market opportunities.

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TRENDS INFLUENCING THE AUTOMOTIVE LiDAR MARKET SIZE

Increasing demand for self-driven cars has increased the demand for LiDAR sensors in autonomous vehicles. Increasing research and development activities and government funding for the advancement of automated driving systems is expected to boost the LiDAR automotive market in the forecast period.

LiDAR technology has been widely used in many other end-user industries such as the aerospace, agricultural, and civil engineering industries, resulting in mass production of LiDAR devices leading to declining LiDAR sensor market costs. The declining manufacturing cost is further expected to propel the growth of Automotive LiDAR Market size.

Increasing adoption of safety systems in autonomous and semi-autonomous cars at different levels of automation is expected to attract massive investment from key players, thereby driving the growth of Automotive LiDAR Market size. 

Furthermore, due to stringent regulatory scenarios in many countries have forced manufacturers to include safety sensors in vehicles. This is further expected to increase the LiDAR market size during the forecast period.

Over the years, the trend in the procurement of passenger cars is rising at a substantial pace. The more passenger cars are procured, the greater is the demand for the LiDAR system to have trouble-free driving experience.

The lack of understanding of LiDAR systems’ advantages and the high cost of using costly components in these systems, such as laser scanners, navigation systems, and high-resolution 3D cameras, might hinder market development.

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AUTOMOTIVE LiDAR MARKET SHARE ANALYSIS

Based on Region, North America is expected to hold the largest Automotive LiDAR market share during the forecast period. This dominance of North America is due to the high penetration of vehicles equipped with LiDAR for adaptive cruise control and automatic emergency braking.

In Europe, the automotive industry is a strategic and robust industry that drives the region’s economic growth. Europe is working on developing the region’s linked and automated driving network by incorporating autonomous LiDAR-based self-driven vehicles. France and Germany are the leading countries in the region that are contributing to the growth of Automotive LiDAR Market size.

The Asia Pacific is expected to witness the fastest growth during the forecast period. This accelerated growth can be attributed to the region’s increasing demand for robust technology and autonomous automobiles. China is a major contributor to the growth of LiDAR automotive market size in the Asia Pacific region. Furthermore, the increasing need for infrastructure growth and increased R & D activities for autonomous vehicles is driving the APAC region’s Automotive LiDAR market size.

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AUTOMOTIVE LiDAR MARKET SEGMENTATION

Breakdown Data by Type

  • Advanced Driver Assistance Systems(ADAS)
  • Automatic Emergency Braking (AEB)
  • Adaptive Cruise Control (ACC)
  • Autonomous Cars.

Breakdown Data by Application

  • Passenger Cars
  • Commercial Vehicles.

The following companies are covered in this report:

  • Continental AG
  • Garmin Ltd
  • Infineon Technologies
  • Innoviz Technologies
  • LeddarTech
  • Osram Licht AG
  • Phantom Intelligence
  • Princeton Lightwave Inc.
  • Velodyne Lidar
  • Quanergy
  • Others.

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SIMILAR REPORTS

  • Automotive Lidar Sensor Market Report

In 2019, the global Automotive Lidar Sensor market size was USD 63 Million and it is expected to reach USD 348.4 Million by the end of 2026, with a CAGR of 27.5% during 2021-2026.

North America is the largest supplier of Automotive Lidar Sensor, with a production market share nearly 84% in 2016. Europe is the second-largest supplier of Automotive Lidar Sensor, enjoying the production market share by nearly 11% in 2016.

North America is the largest consumption place, with a consumption market share nearly 28% in 2016. Following China, Europe is the second-largest consumption place with the consumption market share of 22%.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-12G310/global-automotive-lidar-sensor 

  • Covid-19 Impact on the LiDAR Market Report

The global LiDAR market size was valued at USD 700.2 Million in 2019 and is projected to reach USD 2.90 Billion by 2027, growing at a CAGR of 20.1% from 2020 to 2027.

The global impacts of the 2019 coronavirus disease (COVID-19) are already starting to be felt, and will affect the LIDAR market significantly in 2020

The improvement of LiDAR systems’ automated processing capability in terms of image resolution and data processing capabilities over other technologies is the major factor driving the growth of LiDAR market size. Furthermore, the rise in demand for 3D imaging technology across various application areas and an increase in the adoption of aerial LiDAR systems to explore and detect places and historical details are expected to fuel the LiDAR market growth.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-4A11/lidar

  • Asia-Pacific Automotive Lidar Sensor Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1P326/asia-pacific-automotive-lidar-sensor 

  • EMEA (Europe, Middle East, and Africa) Automotive Lidar Sensor Market Report

Geographically, this report split EMEA into Europe, the Middle East, and Africa, With sales (Units), Revenue (Million USD), market share and growth rate of Automotive Lidar Sensor for these regions, from 2013 to 2025 (forecast)

  • Europe: Germany, France, UK, Russia, Italy, and Benelux;
  • Middle East: Saudi Arabia, Israel, UAE, and Iran;
  • Africa: South Africa, Nigeria, Egypt, and Algeria.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2F320/emea-automotive-lidar-sensor  

  • United States Automotive Lidar Sensor Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2K321/united-states-automotive-lidar-sensor 

  • Korea Automotive Lidar Sensor Market Report

This report provides the Korea Automotive Lidar Sensor Market size and future trend. The Korea Automotive Lidar Sensor Market report focuses on top players in Korea and provides an in-depth analysis of various segments in the market along with their forecast.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3T282/korea-automotive-lidar-sensor 

  • China Automotive Lidar Sensor Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3U283/china-automotive-lidar-sensor 

  • Advanced Driver Assistance Systems (ADAS) Market Report

In 2018, the global Advanced Driver Assistance Systems (ADAS) market size was USD 11000 Million, and it is expected to reach USD 58600 Million by the end of 2025, with a CAGR of 27.0% during 2019-2025.

Automotive ADAS are electronic components installed in vehicles that provide the driver with smart driving experience. These systems are composed of specific sensors such as ultrasonic, image, RADAR, LiDAR, LASER, and infrared. The growing trend in the automotive sector is to deploy ADAS to increase comfort levels and ensure road safety is expected to drive the Advanced Driver Assistance Systems (ADAS) Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-621/global-advanced-driver-assistance-systems-adas 

  • Automotive Adaptive Cruise Control System Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-31S1172/global-automotive-adaptive-cruise 

  • Asia-Pacific LiDAR Market Report:

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-3Q79/asia-pacific-lidar

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Automotive Motors Market worth $25.7 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 4, 2020 /PRNewswire/ — According to the new market research report «Automotive Motors Market by Motor Type (Brushed, BLDC, Stepper), Vehicle (PC,LCV,HCV), Function (Performance, Comfort, Safety), EV (BEV,PHEV,HEV), EV Motor (DC Brushed, BLDC, Stepper, Induction,…

CHICAGO, Aug. 4, 2020 /PRNewswire/ — According to the new market research report «Automotive Motors Market by Motor Type (Brushed, BLDC, Stepper), Vehicle (PC,LCV,HCV), Function (Performance, Comfort, Safety), EV (BEV,PHEV,HEV), EV Motor (DC Brushed, BLDC, Stepper, Induction, Traction, & Others), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Motors Market size is projected to grow from USD  20.3 billion in 2020 to USD  25.7 billion by 2025, at a CAGR of 4.8%.

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Motors are used in many applications in modern cars to increase the safety and performance of a vehicle. In modern vehicles, motors are used in ABS, sunroofs, vehicle windows, door locking, and vehicle rear doors. With the increasing electrification of vehicles, it has become possible for OEMs to control emissions and improve engine performance. Along with controlling emissions, the overall reduction in vehicle weight is a key factor that enhances engine performance. Vehicle weight reduction is directly proportional to the performance of a vehicle. One of the latest breakthroughs in the field is the development of electric power steering, which is 30% smaller and 20% lighter than a conventional steering system. It also results in greater fuel efficiency and lower emissions. The upcoming concept of driverless cars, also known as autonomous vehicles, is a combination of multiple applications, which consists of different motors for controlling the functions.

Major motor manufacturers lost revenue in Q1 2020 due to COVID-19 outbreak. As the resumption of vehicle production is not likely in the immediate future due to the severity of the pandemic, especially in the US and major European countries, Tier I players suspect a further decline in revenue in the remaining quarters of 2020. For instance COVID-19 has compelled Continental to halt its operations. As of April 2020, the company has temporarily ceased production in more than 40% of its 249 production locations across the world. According to the company, the scenario could be worse in Q2 as global vehicle production is expected to fall by 50–60%. Automotive motor players are facing disruptions in supply chains as countries are in a state of lockdown to prevent the spread of the disease. Thus, the market is estimated to undergo a declining phase in 2020.

Asia Pacific is expected to be the largest and fastest-growing market in the forecast

Asia Pacific is projected to account for the largest market share by 2025, followed by North America and Europe. Increasing demand for a safe, efficient, and convenient driving experience; rising disposable income in emerging economies; and stringent emission regulations across the globe are the drivers of the Automotive Motors Market. Leading automakers in Asia Pacific, such as Toyota, Honda, and Hyundai, have leveraged the advantages of safety and fuel efficiency components in their models. Countries such as China, Japan, India, and South Korea are expected to be key adopters of new technology in the future. High vehicle production in China is expected to drive the market in this region.

The BEV segment is expected to be the fastest market during the forecast

BEVs are the most preferred vehicles by governments because of their zero-emission property. Various governments around the world support the sales of BEVs with their high subsidy and tax rebate structure in comparison to HEVs and PHEVs. In BEVs, automotive motors are used in body control, HVAC system, and safety and security features such as ABS and ESC systems. Apart from this, the increased range and reduced cost play an important role in the increased sales of BEVs. Many OEMs are now launching BEVs to cater to the booming market which subsequently increases demand for electric motors.

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The North America is expected to be the second-largest market during the forecast period

High adoption of LCVs and the electrification of automotive applications in the US market mainly influence the North American automotive industry. The political conditions in the US directly affect the North American auto sector. The leading market players such as Infineon, Cummins, Gates Corporation, and TI Automotive in the Automotive Motors Market are based in the US. As the US is the largest market for premium cars in North America, it is also the largest market for advanced automotive motors. The OEMs in North America have focused on the development of fuel-efficient vehicles to meet federal fuel efficiency mandates. Furthermore, several OEMs are planning to set up new production facilities in Mexico and Canada, which, in turn, would drive the demand for automotive motors.

The global Automotive Motors Market is dominated by major players such as Robert Bosch (Germany), Nidec Corporation (Japan), Continental (Germany), Johnson Electric (Hong Kong), and Denso Corporation (Japan). These companies offer a wide variety of automotive motors fulfilling all major functions in a vehicle. The key strategies adopted by these companies to sustain their market position are new product developments, acquisitions, and partnerships & expansions.

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Vehicle Tracking Systems Market Size Worth $52.8 Billion By 2027: Grand View Research, Inc.

SAN FRANCISCO, Aug. 4, 2020 /PRNewswire/ — The global vehicle tracking systems market size is expected to reach USD 52.8 billion by 2027 registering a CAGR of 14.0% from 2020 to 2027,…

SAN FRANCISCO, Aug. 4, 2020 /PRNewswire/ — The global vehicle tracking systems market size is expected to reach USD 52.8 billion by 2027 registering a CAGR of 14.0% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. The vehicle tracking system is a technology, which combines the tracking location of a vehicle with a software interface that further displays the vehicle data. Such a system is a subset of the overall fleet management industry. Several factors, such as growing traffic congestion, concerns regarding vehicle safety & security, and the need for higher operational efficiency, are anticipated to drive the market growth.

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The introduction of disruptive technologies, such as Internet-of-Things (IoT), automation, robotics, and mobility solutions, in the vehicle tracking industry, has not only enabled fleet operators to gain better control over their costs but has also ensured real-time vehicular data collection. Mobile-connected services and the availability of real-time information owing to the implementation of smart technologies has improved the quality of decision-making and productivity for numerous fleet owners. Thus, it has now become easy for fleet operators to achieve higher profitability.

Key suggestions from the report:

  • The government & defense segment is projected to register a CAGR of over 9% during the forecast period due to rising demand for vehicle tracking systems as they ensure reduced fuel and administrative costs
  • The Global Positioning System (GPS) technology segment is anticipated to expand at the highest CAGR from 2020 to 2027
  • The systems are suitable for several applications in the GPS segment, such as tracking & mapping devices, industrial machinery, sea vessels, air navigation, and automobiles
  • Furthermore, the increasing awareness and knowledge about telematics services in the developing countries, such as India, Mexico, and Brazil, are predicted to drive the demand for smart fleet solutions
  • The European Commission announced the mandatory implementation of e-call technology for all new cars that would be sold from April 2018
  • It also introduced new data protection rules to safeguard the confidential information of drivers, owing to increased connectivity of commercial vehicles
  • Moreover, the European Maritime Safety Agency laid down several safety standards and rules for commercial/passenger ships. Thus, government regulations are expected to have a positive impact on market growth

Read 120 page research report with ToC on «Vehicle Tracking Systems Market Size, Share & Trends Analysis Report By Vehicle Type, By End-use, By Technology, By Type, By Component, By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/vehicle-tracking-systems-market

These systems offer vehicle tracking in case of theft, navigation, real-time diagnostics, and predictive maintenance, which is also anticipated to drive the market growth. Furthermore, the implementation of these systems contributes to a reduction in traffic congestions owing to optimized route planning. Such factors are expected to boost product demand. Moreover, technological advancements and increased digitalization resulted in easy tracking of vehicle performance. Furthermore, the deployment of a vehicle tracking system has helped several end-use industries to monitor vehicle usage trends and ensure vehicle and driver safety & security.

In addition, cost benefits, owing to improved vehicle performance, and innovative features, such as driver monitoring, fuel management, and fleet analytics, are estimated to drive the market over the forecast period. The advancement of networking infrastructure and the adoption of mobility services owing to the increasing regulatory and compliance mandates in developing countries, such as China, Japan, India, and Brazil, are expected to support the market growth. Moreover, the strong presence of key industry players and various regulatory and compliance mandates for vehicular safety have encouraged the use of such systems in these regions.

These countries are also expected to adopt new technologies, such as cloud and IoT, to achieve higher productivity and operational efficiency, which would further bolster the market growth. However, factors, such as the lack of GPS accuracy owing to the changing weather conditions, dependency on cellular advanced networks, and privacy concerns, among others are expected to hinder the overall market growth.

Grand View Research has segmented the global vehicle tracking systems market on the basis of vehicle type, end-use, technology, type, component, and region:

  • Vehicle Tracking Systems Vehicle Type Outlook (Revenue, USD Million, 2016 – 2027)
    • Passenger Vehicles
    • Light Commercial Vehicles (LCVs)
    • Heavy Commercial Vehicles (HCVs)
  • Vehicle Tracking Systems End-use Outlook (Revenue, USD Million, 2016 – 2027)
    • Transportation & Logistics
    • Construction & Manufacturing
    • Aviation
    • Retail
    • Government & Defense
      Others
  • Vehicle Tracking Systems Technology Outlook (Revenue, USD Million, 2016 – 2027)
    • GPS/Satellite
    • GPRS/Cellular Networks
    • Dual Mode
  • Vehicle Tracking Systems Type Outlook (Revenue, USD Million, 2016 – 2027)
    • Active
    • Passive
  • Vehicle Tracking Systems Component Outlook (Revenue, USD Million, 2016 – 2027)
    • Hardware
    • OBD Device/Tracker & Advance Tracker
    • Standalone Tracker
    • Software
    • Performance Measurement
    • Vehicle Diagnostics
    • Fleet Analytics & Reporting
    • Driver Behavior Monitoring
    • Others
  • Vehicle Tracking Systems Software Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
  • List of Key Players of Vehicle Tracking Systems Market
    • Verizon Communications, Inc.
    • Sierra Wireless, Inc.
    • TomTom International B.V.
    • Geotab Inc.
    • Cartrack (Pty) Ltd.
    • Calamp Corp.
    • ORBCOMM INC.

Find more research reports on Next Generation Technologies Industry, by Grand View Research:

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  • Sales Force Automation Software MarketThe growth can be attributed to the increasing adoption of cloud sales force automation (SFA) software. Increasing demand for sales forecasting applications in the banking, retail, and IT and telecom sectors is anticipated to foster growth.
  • Web Hosting Services Market – Web hosting services can be categorized into various types such as shared, colocation, dedicated, and Virtual Private Server (VPS). The service allows enterprises and individuals to leverage a website over the internet to publish their business-related as well as personalized content.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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IDTechEx: Fuel Cell Electric Vehicles, What Their Future Looks Like

BOSTON, Aug. 3, 2020 /PRNewswire/ — Fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs) are considered by the most, as two competing technologies. Although both technologies power an electric motor, they have different properties and each of them is well suited for some uses more than others.

<img id="prnejpg9998left" title="The Hydrogen Economy, Fuel Cells and Hydrogen Production Methods”…

BOSTON, Aug. 3, 2020 /PRNewswire/ — Fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs) are considered by the most, as two competing technologies. Although both technologies power an electric motor, they have different properties and each of them is well suited for some uses more than others.

The Hydrogen Economy, Fuel Cells and Hydrogen Production Methods” www.IDTechEx.com/Hydrogen

BEVs market is increasing, with the major automotive companies, like BMW, and Mercedes, starting to introduce into the market an increasing number of electric battery vehicles, in parallel to the main BEVs company like Tesla, and Toyota. FCEVs on the other hand are still at the demonstration stage.

In April 2019 Daimler stepped back from the development of the GLC F-Cell, after many years of investigation of fuel cells technologies. Besides this decision, Daimler did not completely abandon the hydrogen powertrain, but mostly shifted its focus to a different application. In fact, a collaboration with Volvo to develop fuel cell heavy-duty vehicles will possibly begin in September 2020, which will define a new chapter for the hydrogen technologies.

Although the FCEVs have not reached large scale production, the long-term plan adopted by several countries is to implement the adoption of FCEVs among other applications. The idea is to develop a hydrogen network, which aims the adoption of hydrogen as an energy carrier in different sectors. In other words, the development of the so-called hydrogen economy.

As analyzed in the new IDTechEx report, «The Hydrogen Economy, Fuel Cells and Hydrogen Production Methods«, many countries are already involved in the development of a hydrogen economy. The necessity of the hydrogen economy is driven by the requirement of reducing pollutant emissions while achieving a higher energy independence. Within the different sectors addressed by hydrogen economies, the automotive sector is one of the first to be developed. Countries like Germany and Japan have already installed a considerable number of hydrogen refueling stations (HRS), besides promoting the adoption of hydrogen technologies.

The main reason behind this choice is to reduce the cost of hydrogen. A large-scale adoption of FCEVs, and hydrogen, would facilitate the adoption of hydrogen and related applications.

As explained in the hydrogen economy report released by IDTechEx, many countries are involved in this process and is likely that others will join to boost the adoption of green resources and fulfilling the Paris Agreement adopted by several nations.

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

IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies. For more information on IDTechEx Research and Consultancy, contact research@IDTechEx.com or visit www.IDTechEx.com.

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Automotive TIC Market worth $20.4 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 3, 2020 /PRNewswire/ — According to the new market research report «Automotive TIC Market with COVID-19 impact by Service (Testing, Inspection, Certification), Sourcing, Application (Vehicle Inspection, Electrical & Components), and Geography; Periodic Technical Inspection Market by Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Automotive TIC Market is expected to grow from USD 16.5 billion in 2020 to <span…

CHICAGO, Aug. 3, 2020 /PRNewswire/ — According to the new market research report «Automotive TIC Market with COVID-19 impact by Service (Testing, Inspection, Certification), Sourcing, Application (Vehicle Inspection, Electrical & Components), and Geography; Periodic Technical Inspection Market by Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Automotive TIC Market is expected to grow from USD 16.5 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.3%. The growth of the automotive TIC market can be attributed to the increasing automobile production in emerging economies, growing inclination toward outsourcing TIC services, rising focus of governments to impose strict regulatory standards on the automotive industry, surging adoption of automotive electronics to maintain passenger and vehicle safety, augmenting awareness among consumers regarding product quality and safety, and increasing instances of vehicle recalls due to component failures. The market penetration of the automotive TIC market is also analyzed for both pre-and post-COVID-19 scenarios.

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Vehicle inspection services to account for largest size of automotive inspection market, by application, during forecast period

Vehicle inspection services (VIS) are offered by automotive TIC companies. It is a technical inspection service provided by TIC companies for commercial vehicles (commercial van and truck fleets; heavy and mid-duty trucks; tractors; trailers; construction equipment; forklifts) and passenger vehicles (cars, motorcycles, pick-up trucks, boats and recreational trailers, all-terrain vehicles (ATVs), and recreational vehicles (RVs)). VIS services should ideally follow national/international regulatory standards for environmental protection. These services are also applicable to imported and used vehicles. Used vehicle inspection is another innovative approach that can be employed if a vehicle is returned with damage beyond expectations (excessive wear and tear), which drastically impacts its resale value. Vehicle inspection offers an autonomous and undisputable calculation of each returned vehicle’s value so that the customer can claim the cost of repairs or check the difference between the resale and market values. It is verified by the Vehicle Inspection Management System (VIMS), which takes the entire inspection process into consideration and provides a detailed cost analysis of every fault in the car.

In-house automotive TIC service market for electric vehicles, hybrid electric vehicles, and battery systems is expected to grow at highest CAGR during forecast period

In automotive applications, in-house testing for electronic control units (ECUs) and other core components is done by automakers at their manufacturing facilities. They are collaborating with public bodies and organizations including customs, competition authorities, and industrial health and safety authorities for conducting activities related to quality control and assurance.  The market for electric vehicles is rapidly growing owing to factors such as increasing urbanization, growing demand for global hybrid vehicles, rising car sales in emerging markets, surging demand for air-conditioning systems with improved efficiency, and declining battery prices. Electric and hybrid electric vehicles largely depend on their batteries, which act as energy storage systems. The performance and safety check of such batteries is, therefore, crucial, which requires comprehensive battery testing services such as battery life cycle testing, battery abuse testing, battery performance testing, and battery environmental testing/battery durability testing.

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US held the largest share of North American automotive TIC market in 2019

According to the American Automotive Policy Council, automakers and their suppliers are the largest contributors to the automotive TIC market in the US, representing around 3% of the GDP. They are also one of the largest exporters of vehicles and parts; in the past 5 years, the country exported vehicles and parts that are worth over USD 692 billion in the past 5 years. The US offers an ideal environment for innovation that has facilitated massive advancements in the automotive sector. The US is an undisputed world leader when it comes to innovation, manufacturing, and marketing in the automotive sector. According to the Organisation Internationale des Constructeurs dAutomobiles (OICA), as of 2018, the US accounted for almost 11.8% of the total automotive production worldwide (with 11,314,705 units). The US also has a highly-skilled workforce in the automotive industry. MISTRAS Group Inc. and UL LLC are the TIC companies based in the US.

Key players operating in the automotive TIC market are DEKRA SE (DEKRA) (Germany), TÜV SÜD Group (TÜV SÜD) (Germany), Applus Services S.A. (Applus+) (Spain), SGS Group (SGS) (Switzerland), TÜV Nord Group (TÜV Nord) (Germany), TÜV Rheinland Group (TÜV Rheinland) (Germany), Bureau Veritas S.A. (Bureau Veritas) (France), Intertek Group PLC (Intertek) (UK), Eurofins Scientific (Eurofins) (Luxembourg), Element Materials Technology (Element) (UK), Lloyd’s Register Group Limited (Lloyd’s) (UK), and MISTRAS Group, Inc. (MISTRAS) (US).

Related Reports:

Test and Measurement Equipment Market by Product (General Purpose Test Equipment, Mechanical Test Equipment), Service Type (Calibration Services, Repair Services/After Sales Services), End–Use Sector, and Geography – Global Forecast to 2024

Testing, Inspection, & Certification Market with COVID-19 Impact Analysis by Offering (In-house & Outsourced Services), Application (Consumer Goods & Retail, Agriculture & Food, Chemicals, Energy & Power, Automotive, IT & Telecommunications) & Geography – Global Forecast to 2025

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Automotive Lighting Market Size is Projected to Reach USD 28.77 Billion by 2026 – Valuates Reports

BANGALORE, India, July 31, 2020 /PRNewswire/ — The Automotive Lighting Market is expected to spur technical innovations due to growing concerns regarding vehicle safety and strict government regulations. In addition, the growing population and rising consumer buying power across the developing world are expected to deliver lucrative opportunities over the forecast period.

<img id="prnejpgdcc6left" title="Valuates…

BANGALORE, India, July 31, 2020 /PRNewswire/ — The Automotive Lighting Market is expected to spur technical innovations due to growing concerns regarding vehicle safety and strict government regulations. In addition, the growing population and rising consumer buying power across the developing world are expected to deliver lucrative opportunities over the forecast period.

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The global automotive lighting market size was valued at USD 18.00 Billion in 2018 and is projected to reach USD 28.77 Billion by 2026, registering a CAGR of 6.7% from 2019 to 2026.

This research provides the empirical description of the global Automotive Lighting Market and the latest developments and forecasts to depict the imminent investment pockets.

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TRENDS INFLUENCING THE AUTOMOTIVE LIGHTING MARKET SIZE

The outbreak of COVID-19 has globally disrupted the automotive supply chain. Production of automotive lighting components was impacted by the closure of manufacturing facilities and new vehicle sales. In 2020, demand for both traditional and hybrid vehicles is expected to see a downward trend, further affecting the automotive lighting market. Also, the allocation of budgets for R&D is likely to be greatly affected, which is expected to impede the production of creative automotive lighting solutions. This decline is expected to adversely affect the market for automotive lighting. However, businesses are taking various steps to counter the outbreak’s adverse effects. 

Strict lighting regulations have powered the automotive lighting industry in developed nations of Europe and North America. Vehicle lighting plays a crucial role, particularly when driving heavily trafficked roads. Road injuries pose a significant problem for governments worldwide. Therefore, it is necessary to improve the driving conditions, which can partially be accomplished by improving the lighting system.

The rising adoption of advanced technologies in automotive components and the growing demand for overall vehicle performance is moving OEMs’ focus towards vehicle lighting. This trend is, in turn, expected to increase the Automotive Lighting Market size during the forecast period.

In addition, growth in the urban population, increase in income rates, and change in lifestyles are factors that complement the growth of the Automotive Lighting Market size.

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AUTOMOTIVE LIGHTING MARKET SHARE ANALYSIS

The rear lighting segment was the highest contributor to the market, with USD 5.61 billion in 2018, and is estimated to reach USD 8.87 billion by 2026, at a CAGR of 6.5% during the forecast period.

Based on Region, Asia-pacific is expected to hold the largest Automotive Lighting Market share during the forecast period. Increased car production across countries like China, India, Japan, and Taiwan combined with raising urbanization, and increasing purchasing power of individuals are expected to boost demand across this region

Due to the existence of major OEMs like BMW, Mercedes, and Audi, the interior lighting systems have a strong demand in North American and European countries. The U.S. government programs to minimize traffic injuries and increase driver health are generating a market for LED-based products for lighting.

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AUTOMOTIVE LIGHTING MARKET SEGMENTATION

AUTOMOTIVE LIGHTING MARKET – KEY PLAYERS

  • DENSO Corporation,
  • Hella KGaA Hueck & Co.,
  • Hyundai Mobis,
  • Koito Manufacturing Co., Ltd.,
  • Koninklijke Philips N.V.,
  • Osram Licht AG,
  • ROBERT BOSCH GmbH,
  • Stanley Electric Co., Ltd.,
  • Valeo, Zizala Lichtsysteme GmbH hold the major automotive lighting market share.

AUTOMOTIVE LIGHTING MARKET – BY TECHNOLOGY

  • Halogen
  • Xenon
  • LED

AUTOMOTIVE LIGHTING MARKET – BY VEHICLE TYPE

  • Passenger Vehicles
  • Commercial Vehicles

AUTOMOTIVE LIGHTING MARKET – BY PRODUCT SALE

  • Original Equipment Manufacturer Product (OEM Product)
  • Aftermarket Product

AUTOMOTIVE LIGHTING MARKET – BY APPLICATIONS

  • Front Lighting
  • Rear Lighting
  • Side Lighting
  • Interior Lighting

AUTOMOTIVE LIGHTING MARKET – BY GEOGRAPHY

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

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SIMILAR REPORTS :

●  Automotive Adaptive Lighting Market Report

The global Automotive Adaptive Lighting market size is projected to reach USD 1014.3 Million by 2026, from USD 939.4 Million in 2020

The global demand for Automotive Adaptive Lighting has largely benefited from the shifting paradigms in government regulations and the viewpoint of end-users towards improved safety in automobiles. The sales of new vehicles have been gradually growing over the last few years, which in turn is expected to increase the Automotive Adaptive Lighting Market. 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4R278/automotive-adaptive-lighting

●  Automotive LED Lighting Market Report

In 2019, the global Automotive LED Lighting market size was USD 7330.1 Million, and it is expected to reach USD 14020 Million by the end of 2026.

The demand for automotive LED lights was powered by conventional use of such lights as backlights, but they were slowly adopted for headlights over halogen and xenon lights for their power output and improved lighting system. With their growing preference for cars, the automotive LED light market continues to gain ground.

Europe is the largest supplier of Automotive LED Lighting, with a market share of 42% in 2017. China is the second-largest supplier, with a market share of 20.7%.

Similarly, Europe is the largest consumption market of Automotive LED Lighting, with a market share of 41% in 2017. China is also the second-largest consumption market, following Europe, occupying a 22.7% market share.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-29C2232/covid-19-impact-on-global-automotive-led-lighting

●  Automotive Halogen Headlights Market Report

This report focuses on Automotive Halogen Headlights volume and value at the global, regional, and company levels. From a global perspective, this report represents the overall Automotive Halogen Headlights market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, China, and Japan.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-17Z1775/global-automotive-halogen-headlights

●  Xenon Lighting Market Report

The key regions covered in the Xenon Lighting market report are North America, Europe, China, Japan, South Korea, and India

The Xenon Lighting Market report includes a country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of production capacity, price, and revenue for the period 2015-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3B281/xenon-lighting

●  Automotive Lighting Systems Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6M1851/global-automotive-lighting-systems

●  Automotive Lighting Actuator Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-15I961/global-automotive-lighting-actuator

●  Mould Making for Automotive Lighting Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2K318/mould-making-for-automotive-lighting

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Automated Guided Vehicle (AGV) Market worth $3.6 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 30, 2020 /PRNewswire/ — According to the new market research report «Automated Guided Vehicle (AGV) Market with COVID-19 Impact Analysis, by Type (Tow Vehicles, Unit Load Carriers, Forklift Trucks, Assembly Line Vehicles, Pallet Trucks), Navigation Technology, Industry, and Geography – Global Forecast to 2025», published by MarketsandMarkets™, the Automated Guided Vehicle (AGV) Market is projected to grow from USD 2.3 billion in 2020 to <span…

CHICAGO, July 30, 2020 /PRNewswire/ — According to the new market research report «Automated Guided Vehicle (AGV) Market with COVID-19 Impact Analysis, by Type (Tow Vehicles, Unit Load Carriers, Forklift Trucks, Assembly Line Vehicles, Pallet Trucks), Navigation Technology, Industry, and Geography – Global Forecast to 2025», published by MarketsandMarkets™, the Automated Guided Vehicle (AGV) Market is projected to grow from USD 2.3 billion in 2020 to USD 3.6 billion by 2025; it is expected to grow at a CAGR of 9.3% from 2020 to 2025. The key factors fueling the growth of the market include growing demand for automation in material handling across industries, improved safety standards at workplaces, and shift in demand from mass production to mass customization. Additionally, integration of industry 4.0 with robotics is also augmenting the growth of the AGV market.

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The laser guidance segment to hold the largest size of the AGV market by 2025.

The growth of the laser-guided AGVs market can be attributed to their flexibility, scalability, and accuracy of the laser guidance technology. It also improves safety, increases throughput, and minimizes downtime. Laser guidance is the most flexible system for vehicle movement and offers accurate navigation. It allows the vehicles to operate in a warehouse without the need for invasive barriers. Due to the imposition of lockdowns across different countries as result of COVID-19 outbreak, companies are facing severe cash flow issues. Halting or slowing down of production across industries has resulted in a decline in demand for AGVs.

The tow vehicles to account for the largest size of the AGV market in 2020.

The implementation of tow vehicles in warehouses and stores helps operator achieve maximum efficiency, which is expected to contribute to the highest growth of the market for e-commerce during the forecast period.  Moreover, the prominent players in the industry have been affected owing to outbreak of COVID-19. The foreseeable decline in the growth of end-user industries may have a considerable direct impact on the AGV market in FY20.

Browse in-depth TOC on «Automated Guided Vehicle (AGV) Market«

157 – Tables
43 – Figures
208 – Pages         

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Europe projected to be the largest market for a AGV from 2020 to 2025.

Europe is projected to hold the largest size of the AGV market during the forecast period. The presence of a large number of key players in this region, along with the large customer base, is among the major factors driving the AGV market in Europe. The region has an exceptionally high labor cost; therefore, manufacturers in European countries have been adopting automated solutions to reduce overall operational costs. Due to COVIDf-19, various industries in the Europe are suffering from unprecedented strain on its economy. The government orders for suspension of production and temporary shutdown are further affecting the industrial output in the region. Thus, the economic slowdown resulting from the COVID-19 is impacting the demand for AGVs in Europe.

The key players operating in the AGV market include Daifuku (Japan), JBT (US), KION (Germany), KUKA (Germany), Toyota Industries (Japan), Hyster-Yale (US), SSI Schaefer (Germany), E&K Automation (Germany), Oceaneering (US), and Seegrid (US).

Related Reports:

AGV Software Market by Offering (In-built Vehicle Software and Integrated Software), Industry (Automotive, Manufacturing, Food & Beverages, Aerospace, Healthcare, Logistics, Retail), and Geography – Global Forecast to 2023

Automated Material Handling Equipment Market by Product (Robots, ASRS, Conveyor and Sortation Systems, Cranes, AGV), System Type (Unit Load, Bulk Load), Software & Services, Function, Industry, and Region – Global Forecast to 2024

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/automated-guided-vehicle-market.asp 
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Major HORIBA Launch as Virtualising RDE Development Offers $17m Savings

NUNEATON, England, July 30, 2020 /PRNewswire/ – HORIBA has launched a new virtual-based solution to Real Driving Emissions (RDE) development – which could save businesses up to $17m in prototype vehicle requirements alone.

NUNEATON, England, July 30, 2020 /PRNewswire/ – HORIBA has launched a new virtual-based solution to Real Driving Emissions (RDE) development – which could save businesses up to $17m in prototype vehicle requirements alone.

Launched globally today (30 July 2020), RDE+ is a ‘road to rig’ solution that brings the real-world into the laboratory which, when combined with virtual-domain simulation and validation, enables RDE development to be completed more quickly and accurately than before.

The launch coincides with a new white paper commissioned by HORIBA which reveals the growing business case for the virtualisation of RDE powertrain development.

According to the study, conducted by Frost & Sullivan, virtualising RDE testing could help automotive Original Equipment Manufacturers (OEMs) reduce their prototype vehicle requirements up to 75% by replacing on-road testing with more efficient development in the laboratory, resulting in savings of up to $17m per vehicle programme. This is in addition to huge potential savings in reduced testing and development times.

Steve Whelan, Global Development and Application Centre Leader at HORIBA, comments:

«Manufacturers are juggling multiple challenges – emissions reductions, electrification and future mobility, all while remaining competitive. In order to provide a more efficient and cost-effective approach to RDE development, we’ve developed RDE+.

«As demonstrated by our powerful research, this comes as the commercial case for virtual RDE development has never been more compelling – helping OEMs to save up to $17m in prototype reductions on each programme. This is not to mention the cost savings to be had, potentially millions, in development time reductions.»

The launch comes at a pivotal time for the global automotive industry as it seeks to meet the future technology challenge while recovering from the impact of COVID-19. Adding pressure, the report estimates RDE requirements have increased testing times threefold.

Cue a growing need for a more agile approach to product development – says HORIBA. 

Steve adds: «The transition to a more agile approach is inevitable in meeting future vehicle demand. Virtual validation will play a lead role in this, enabling products to be developed quicker and better – essentially doing more with less.»

«Manufacturers are advised to take heed now by virtualising their physical testing activities. As demonstrated by RDE+, with benefits that include reduced prototype requirements, increased confidence and huge cost savings – it will ensure they stay in the fast lane.»

For further information about HORIBA MIRA’s RDE+ offering, please visit: www.horiba.com/RDEplus.

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Contacts :

Lyndsey Trengove
lyndsey.trengove@whistlepr.co.uk
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Introducing Scenebox 360 by Domeble

LONDON, July 29, 2020 /PRNewswire/ — «Creativity is contagious, pass it on» – Albert Einstein. Creativity has always been at the forefront for premium image library, Domeble. To carry forward this vision and encourage talented artists worldwide, Domeble recently launched Scenebox 360.

<img id="prnejpg4c1aleft" title="Scenebox logo" border="0" alt="Scenebox logo" align="middle"…

LONDON, July 29, 2020 /PRNewswire/ — «Creativity is contagious, pass it on» – Albert Einstein. Creativity has always been at the forefront for premium image library, Domeble. To carry forward this vision and encourage talented artists worldwide, Domeble recently launched Scenebox 360.

Scenebox logo

Scenebox 360 is a dedicated platform curated by Domeble to explore your artistry. This collection offers a huge variety of professionally shot imagery from the Domeble team, that provides the highest quality 360° HDRIs available anywhere, with a huge dynamic range up to 30 stops providing maximum scene information that will get the best out of your renders, matched to amazing hi-res backplates.

With decades of industry experience, they understand the importance of high quality and realistic CG imagery. All their backplates are shot by automotive photographers who have a keen eye for detail and understand the best positioning of a car within a scene.

Carl Lyttle, founder at Domeble commented, «By launching Scene box 360, we want to give freelancers, 3D enthusiasts and aspiring CGI students a chance to work with professionally shot images to enhance their learning experience, sharpen their skill set and develop a solid portfolio to help them in the long run.» The collections cover an array of themes from vast cityscapes to barren deserts and from dusk to dawn. To ensure a seamless shopping experience for users they’ve ensured a simplistic interface which is very easy to navigate with quick instant downloads.

Scene Box 360 also provides a wide range of resolutions as per your requirements. The imagery comes from the highest of native resolutions, and download options start from 2k, 4k and 6k. Upon request, raw formats and super-resolution HDRIs can be made available.

About Domeble

Domeble is a premium Rights Managed stock library for photographic backplates, 360° HDRI domes and VR environments, tailored towards the automotive creative arena and product visualisation sectors.

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scenebox360@domeble.com
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Car Care Products Market Size Worth $13.39 Billion By 2027 | CAGR: 4.8%: Grand View Research, Inc.

SAN FRANCISCO, July 29, 2020 /PRNewswire/ — The global car care product market size is expected to reach USD 13.39 billion by 2027, according to a new report by Grand View Research, Inc. The market is…

SAN FRANCISCO, July 29, 2020 /PRNewswire/ — The global car care product market size is expected to reach USD 13.39 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.8% from 2020 to 2027. The rise in the number of new car sales across the globe, increasing consumer awareness with regards to vehicle maintenance and rising disposable income of individuals in developing countries are key factors driving market growth. The trend of long-term usage of vehicles is expected to boost growth. Also, increasing demand for high-performance products used to improve the durability of the car is anticipated to augment the sale of car care products across the globe.

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Key suggestions from the report:

  • The increasing usage of waterless car care products is anticipated to drive the market’s growth
  • The exterior application segment is expected to expand with the highest CAGR over the forecast period, owing to rising pollution across the globe
  • The Asia Pacific regional market is expected to have significant growth over the forecast period, majorly due to the increasing demand cars in developing countries including India, and China
  • The key players in the market are3M, Autoglym, Energizer Holdings, Inc., Jopasu Systems Pvt. Ltd., Liqui Moly, Soft99 Corporation, Sonax, Würth Group, Tetrosyl, and Turtle Wax, Inc.

Read 100 page research report with ToC on «Car Care Product Market Size, Share & Trends Analysis Report By Product (Cleaning & Caring, Polishing & Waxing, Sealing Glaze & Coating), By Application (Interior, Exterior), By Distribution Channel, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/car-care-product-market

Product innovations such as waterless car wash and wax solutions minimize the water usage and thus have gained popularity amongst various developed regions. Also, the manufacturers of car care products have increased the adoption of eco-friendly materials that help these companies in meeting regulatory standards. The integration of eco-friendly materials in car care products is expected to widen the consumer base of the market. Further prominent aftermarket companies are continually expanding their product portfolio in the car care parasol. For instance, in February 2020, Motul launched its car care range at a car show ‘Retromobile’ in the Paris Expo. The official sale of these products was rolled out in March 2020 via retailers.

The COVID-19 outbreak urges people to stay indoors and confine themselves at home for a prolonged period. Thus, impacting supply chain and demand of products in the automotive sector. The demand for new cars is expected to be slowed across the globe with the widespread pandemic. Several car care product companies have started promoting disinfecting and interior cleaning solutions to support the growth of the market amid the outbreak. For instance, Cartec BV is promoting its products Surface Clean 80 and Handgel 80 that are used to disinfect interiors of the car.

Grand View Research has segmented the global car care products market based on product, application, distribution channel, and region:

  • Car Care Products Outlook (Revenue, USD Million, 2016 – 2027)
    • Cleaning and Caring
    • Polishing and Waxing
    • Sealing Glaze and Coating
    • Others
  • Car Care Products Application Outlook (Revenue, USD Million, 2016 – 2027)
    • Interior
    • Exterior
  • Car Care Products Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)
    • Online
    • Brick and Mortar
  • Car Care Products Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East and Africa (MEA)
  • List of Key Players of Car Care Products Market
    • 3M
    • Autoglym
    • Energizer Holdings, Inc.
    • Jopasu Systems Pvt. Ltd.
    • Liqui-Moly GmbH
    • Soft99 Corporation
    • Sonax
    • Tetrosyl Ltd.
    • Turtle Wax Inc.
    • Würth Group

Find more research reports on Automotive & Transportation Industry, by Grand View Research:

  • Forklift MarketForklifts, also known as lift trucks or powered industrial trucks, are compact machines used to lift and transport materials from one location to another.
  • Automotive Test Equipment MarketThe automotive test equipment is used to perform quality control tests to evaluate and ensure the effective performance of the vehicles.
  • Automotive Axle MarketThe global automotive axle shipment was recorded at 195 million units in 2019. Increasing automotive production across the globe, along with rising consumer preference for hybrid and luxury vehicles with advanced technology, is expected to fuel the market growth from 2020 to 2027.

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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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