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Epoxy Composite Market to Garner $24.2 Billion, Globally, By 2027 at 5.1% CAGR, Says Allied Market Research

Increase in demand for composite in the automotive industry, emerging end-use applications of fiber composites and environmental advantages, and surge in demand for epoxy composite from wind energy industry fuel the growth of the global Epoxy composite market

PORTLAND, Ore., July 28, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Epoxy Composite Market by Fiber Type (Glass, Carbon, and Others) and End-Use Industry (Aerospace & Defense, Automotive,…

Increase in demand for composite in the automotive industry, emerging end-use applications of fiber composites and environmental advantages, and surge in demand for epoxy composite from wind energy industry fuel the growth of the global Epoxy composite market

PORTLAND, Ore., July 28, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Epoxy Composite Market by Fiber Type (Glass, Carbon, and Others) and End-Use Industry (Aerospace & Defense, Automotive, Electrical & Electronics, Wind Energy, Sporting Goods, Marine, Piping, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027»According to the report, the global Epoxy composite industry was estimated at $16.4 billion in 2019, and is expected to hit $24.2 billion by 2027, registering a CAGR of 5.1% from 2020 to 2027.

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Drivers, restraints, and opportunities-

Increase in demand for composite in the automotive industry, emerging end-use applications of fiber composites and environmental advantages, and surge in demand for epoxy composite from wind energy industry fuel the growth of the global Epoxy composite market. On the other hand, expensive and complex carbon fiber manufacturing process impedes the growth to some extent. However, increase in adoption of composite from different industries is expected to create lucrative opportunities in the industry.

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Covid-19 scenario-

  • Disruptions in the automotive and electronic components supply chains as a result of production restrictions and lockdown to counter the COVID-19 pandemic are expected to hamper the global epoxy composite market growth during the forecast period.
  • Furthermore, the demand from end-use sectors including aerospace & defense, solar, industrial, marine, and pipes & tanks have been curtailed as well.
  • Moreover, the government bodies in various regions have issued certain relaxations on the restrictions, owing to which the industries are restarting their processes with concern to all precautionary measures.

The glass segment to lead the trail by 2027-

Based on type, the glass segment contributed to more than three fifths of the global epoxy composite market share in 2019, and is expected to rule the roost by the end of 2027. This is attributed to increase in demand for glass fiber from transportation, wind energy, and aerospace & defense industries. Nevertheless, the carbon segment would register the fastest CAGR of 7.6% during the study period. The market growth is attributed to the increased demand from applications where lightweight and superior performance is necessary, such as components for aircraft, automobile, rail, and consumer goods of high quality.

Get Detailed COVID-19 Impact Analysis on the Epoxy Composite Market @ https://www.alliedmarketresearch.com/request-for-customization/6993?reqfor=covid

The automotive segment to dominate during the estimated period-

Based on application, the automotive segment accounted for more than one-fifth of the global epoxy composite market revenue in 2019, and is anticipated to retain its top status till 2027. Furthermore, the segment would also portray the fastest CAGR of 6.0% from 2020 to 2027. Advantages offered by epoxy composites, such as lightweight, durability, and mechanical strength increases the efficiency of the automotive, in turn, drives the growth of the segment.

Asia-Pacific to rule the roost in terms of revenue, North America to grow at a significant pace-

Based on geography, Asia-Pacific held the major share in 2019, generating nearly two-fifths of the global epoxy composite market. In addition, the region would manifest the fastest CAGR of 6.3% by 2027. This is due to the presence of increasing automotive, wind energy, and aerospace & defense industries in the region. Furthermore, the presence of large epoxy composite manufacturers, rapid urbanization, and growing economy in the region also fuel the market growth in this region. Moreover, North America is anticipated to portray the CAGR of 5.0% from 2020 to 2027.

Frontrunners in the industry-

  • Barrday Inc.
  • Bhor Chemicals and Plastics Private Limited
  • Cytec Solvay Group
  • Hexcel Corporation
  • Mitsubishi Chemical Corporation
  • Park Aerospace Corp
  • SGL Carbon SE
  • Teijin Limited
  • Toray Industries Inc.

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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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Nexteer Releases 2019 Sustainability Report

AUBURN HILLS, Mich., July 28, 2020 /PRNewswire/ — Nexteer Automotive, a global leader in intuitive motion control, released its annual Sustainability Report highlighting the Company’s sustainability achievements in 2019. Highlights from the 2019 report include:

  • Contribution of 15,500 hours of employee community service
  • Record low level of lost work day cases and recordable incidents
  • Technological value creation through Nexteer’s world-class engineering and…

AUBURN HILLS, Mich., July 28, 2020 /PRNewswire/ — Nexteer Automotive, a global leader in intuitive motion control, released its annual Sustainability Report highlighting the Company’s sustainability achievements in 2019. Highlights from the 2019 report include:

  • Contribution of 15,500 hours of employee community service
  • Record low level of lost work day cases and recordable incidents
  • Technological value creation through Nexteer’s world-class engineering and technical team, who make up more than half of the Company’s global salaried staff
  • Recognition of the Company’s highest score to-date from EcoVadis third-party business sustainability rating organization

«Nexteer’s 2019 Sustainability Report highlights how our global team is steering the way toward a more sustainable future for our stakeholders, our global community and our planet,» said Tao Liu, president and chief operating officer, Nexteer Automotive. «By integrating a sustainability mindset into our global business strategies and operations, we demonstrate our commitment to achieving technology breakthroughs, operating with the highest degree of ethics and transparency and conserving our planet’s natural resources.»

As highlighted in the Company’s report, Nexteer’s five key focus areas – Business Ethics; Supply Chain; Health, Safety & Environment; Value Creation and Community – provide a framework for Nexteer to advance its commitment to all aspects of sustainability.

«Safety and sustainability have taken on a broader, deeper meaning in a post-COVID-19 world,» said Liu. «Safety has always been embedded in Nexteer’s culture. COVID-19 has expanded how we define safety for our employees and their families while producing safety-critical products for our global customers – and sustainability plays a pivotal role.»

Nexteer focuses on empowering employees through the Company’s «One Nexteer» culture which promotes a culture of health, safety and environmental responsibilities in all activities. In 2019, Nexteer completed 27 projects to manage the Company’s environmental footprint. These projects resulted in environmental savings of 10.1 million kilowatts of energy, 12.4 million liters of water and more than 3,000 tons of carbon dioxide equivalent of greenhouse gas emissions. These 27 projects also saved the Company $0.5 million.

Nexteer publishes an annual Sustainability Report in accordance with the Environmental, Social and Governance Reporting Guide, as set out in Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Click here to view the full Nexteer Automotive 2019 Sustainability Report.

ABOUT NEXTEER

Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving enabling technologies for original equipment manufacturers (OEMs). The company has 28 manufacturing plants, four technical and software centers and 13 customer service centers strategically located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Fiat Chrysler, Ford, GM, PSA Groupe, Toyota and VW, as well as automakers in India and China. www.nexteer.com

 

$5.7 Billion Revenue Opportunity to be Created for Fluids and Lubricants Manufacturers Globally by 2029, as per BIS Research

FREMONT, Calif., July 28, 2020 /PRNewswire/ — According to a premium market intelligence report by BIS Research, titled «Fluids and Lubricants for Electric Vehicles – A Global & Regional Market Analysis: 2019-2029«, the global fluids and lubricants market for electric vehicles (EVs) is expected to create an annual revenue opportunity of $5.7…

FREMONT, Calif., July 28, 2020 /PRNewswire/ — According to a premium market intelligence report by BIS Research, titled «Fluids and Lubricants for Electric Vehicles – A Global & Regional Market Analysis: 2019-2029«, the global fluids and lubricants market for electric vehicles (EVs) is expected to create an annual revenue opportunity of $5.7 billion by 2029.

Business Dynamics for the Global Fluids and Lubricants Market for the Electric Vehicles

With an expected rise in the demand for electric vehicles, automotive OEMs have put in motion ambitious plans to introduce new EV models into their target markets. Companies across the traditional automotive supply chain are looking for ways to maintain their relevance in this fast-changing automotive industry. Further, leading lubricant manufacturers and oil & gas companies, to stay relevant in this industry, are planning to introduce fluids and lubricants for electric vehicles.

The detailed study is a compilation of 144 Market Data Tables and 134 Figures spread through 200 Pages and in-depth TOC on «Fluids and Lubricants for Electric Vehicles – A Global & Regional Market Analysis: 2019-2029»

According to Ajeya Saxena, Lead Analyst at BIS Research, «With more and more automotive OEMs driving EVs into the market, the need to improve the range and performance of these vehicles has become a priority. This, combined with increasing size of batteries and increasing number of electronic components in EVs, it is necessary to develop and adopt fluids and lubricants that are dielectric in nature. At the same time ensuring the cooling as well as lubrication of critical components of the vehicle.«

A DEEP TECH M-A-P ­­­­­ design of fluids and lubricants for electric vehicles market intelligence provides holistic coverage of relevant markets, applications, and products. The market study covers aspects such as key trends, industry attractiveness, supply chain network/map, supply-demand analysis, profit margin analysis, overview of important additives, ecosystem/ongoing programs, business dynamics, and competitive analysis. The study provides sufficient and relevant depth and coverage to help you make confident and reliable business decisions for now and the future.

View the Report from BIS Research – Fluids and Lubricants for Electric Vehicles

The market intelligence encompasses a study of applications of fluids and lubricants for electric vehicles, including comparison of applications in Electric Vehicles(EVs) and Internal Combustion Engines (ICE) vehicles, demand analysis (by vehicle type), and demand analysis (by propulsion type). Lastly, the products highlighted in the market study include demand analysis (by product type), demand analysis (by product type and application), demand analysis (by sales channel), pricing analysis, and technology roadmap. The market intelligence study covers the aforementioned aspects not only at a global level, but also minutely studies market by regions, as well as key countries,  

Further, as a premium market study, BIS Research can also develop a custom offering – a focused mini-report on ‘products & innovations’. This mini-report will have a ‘products’ section, along with related coverage from regions, competitive benchmarking, and company profiles.

Request Sample Pages: https://bisresearch.com/requestsample?id=860&type=download

This report is a compilation of research on more than 60 players in the global fluids and lubricants market for electric vehicles. It draws upon the insights from in-depth interviews with key opinion leaders of more than 50 leading companies, market experts, and vendors.

The report also profiles 19 suppliers and key ecosystem participants in the fluids and lubricants market for electric vehicles. ExxonMobil, Total, Shell, Castrol, Valvoline, and Lubrizol are some of the leading players profiled in the market study. Engineered Fluids, M&I Materials, and Dober are some of the emerging private companies in this field and have also been profiled in the study.

Who stands to gain from this report?

  • Oil & gas companies, as well as lubricant manufacturers who have traditionally supplied lubricants and fluids for ICE vehicles.
  • Automotive tier-1 suppliers who manufacture/optimize different auto-parts to improve efficiency and performance of the vehicles.

 What can they find in this report?

  • Key trends impacting the EV industry, along with information on new technologies that fluids and lubricant manufacturers are adopting.
  • Details on how the demand for fluids and lubricants for electric vehicles will get shaped over the ten years (2019-2029) across different regions and countries.
  • Detailed insights and information of key companies operational in this market, including growth strategies, as well as their comparison against each other at a global, regional, and country level.

How this report can be of help?

  • Drive a successful growth strategy – Target those markets, at an opportune time, where the demand for EV specific fluids and lubricants is expected to rise.
  • Drive a successful product strategy – Which products are to be targeted if suppliers intend to capitalize on the EV revolution
  • Drive a successful competitive strategy – Know who the competition is and how they are responding to the EV revolution.

Insightful Questions Covered to Enable Companies take Strategic Decisions

  • What are the major trends that will shape the future of electric vehicles industry?
  • What are the key factors that impact the demand for fluids and lubricants in the electric vehicle industry?
  • What are the key strategies adopted by market players to ensure their market positioning?
  • What are the opportunities that suppliers of lubricants and fluids must capitalize upon to grow their market presence?
  • How does the supply chain function in the global fluids market for electric vehicles?
  • How is the supply-demand scenario expected to pan out for fluids and lubricants for electric vehicles?
  • Which type of fluid and lubricant provides an attractive investment opportunity in terms of current revenue generation and volume sales along with their future growth potential from 2019-2029?
  • What are the key application areas for different types of fluids and lubricants and which application area would help foster the future demand for different types of fluids and lubricants?
  • Which types of electric vehicles generate maximum demand for fluids and lubricants and how is the demand expected to grow in terms of value and volume over 2019-2029?
  • Who are the players that are catering to the demand for different EV fluids and how are they benchmarked against each other in different regions and countries?
  • Which regions and countries offer attractive opportunities to suppliers of fluids and lubricants for electric vehicles?

Related Reports:

Global Acoustic and Thermal Insulation Market for Electric Vehicles – Analysis and Forecast, 2019-2029

Global Electric Vehicle Fast Charging System Market – Analysis and Forecast, 2019-2029

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.

Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

BIS Research offers syndicate as well as, custom studies, and expert consultations to firms, providing them specific and actionable insights on novel technology markets, business models, and competitive landscape.

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Visiongain publishes Automotive Over the Air (OTA) Updates Market 2020-2030 report

Forecasts by Type (Software Over the Air (SOTA), (Map, App, Infotainment), Firmware Over the Air (FOTA), (Telematics Control Unit (TCU), Electronic Control Unit (ECU)), by Component (Controller, CarInfo, Download, Repo Update, Others), by Vehicle Type (Passenger Cars (Hatchback, Sedan, SUV), Heavy Vehicles, Defence Vehicles, Off-Road Vehicles), by Region, Country and Profiles Of Leading Companies

LONDON, July 28, 2020 /PRNewswire/ — As part of the broader <span…

Forecasts by Type (Software Over the Air (SOTA), (Map, App, Infotainment), Firmware Over the Air (FOTA), (Telematics Control Unit (TCU), Electronic Control Unit (ECU)), by Component (Controller, CarInfo, Download, Repo Update, Others), by Vehicle Type (Passenger Cars (Hatchback, Sedan, SUV), Heavy Vehicles, Defence Vehicles, Off-Road Vehicles), by Region, Country and Profiles Of Leading Companies

LONDON, July 28, 2020 /PRNewswire/ — As part of the broader $1,823.4 automotive over the air (OTA) updates market space, there are massive revenue streams within firmware over the air segment to tap into. This report shows you where these business opportunities are.

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The growing automotive industry and increasing demand for ADAS and connected, cars, especially in premium luxury vehicle segments has led Visiongain to publish this timely report.

Increasing automotive digitalization has inevitably meant that vehicles need regular firmware and software updates to keep pace with latest advances in connectivity but also to update the automotive cyber security. Rather that repeatedly recall the vehicle to a garage it is much more economical to perform these updates wirelessly over the air (OTA).

The software OTA updates segment is expected in particular to flourish in the next few years because of growth in the digitalization and modernization of connected vehicles and increase in sale of passenger vehicles.

What are the global Automotive Over the Air (OTA) Updates market prospects?

Visiongain’s definitive new report assesses that the Automotive Over the Air (OTA) Updates market will reach $1,823.4 Mn in 2019. The performance of the industry is forecast to accelerate, with an anticipated CAGR of 18.3% for the five-year period 2020-2025, which is expected to drive the industry to a value of $4,833.1mn by the end of 2025.

Visiongain’s timely 375 page report reveals how best to compete in this lucrative market space and maximize your company’s potential.

This report addresses the pertinent issues:

• Where are the most lucrative market prospects?
• Who are the leadings companies and what does the competitive landscape look like?
• What are the regional, technical and regulatory barriers to market entry?
• What are the technological issues and roadmap driving the market?
• Why is the market prospering and how can you fully exploit this?
• When will the market fully mature and why?

To request sample pages from this report please email contactus@visiongain.com or refer to our website: https://www.visiongain.com/report/automotive-over-the-air-ota-updates-market-report-2020-2030/#download_sampe_div

Research and analysis highlights

• Independent, impartial and objective analysis
• 498 tables, charts and graphs illustrating the global automotive over the air (OTA) updates market prospects
• Global automotive over the air (OTA) updates market forecast and analysis 2020-2030
• 2 automotive over the air (OTA) updates submarket forecasts by type covering the period 2020-2030
• 3 automotive over the air (OTA) updates submarket forecasts by software over the air from 2020-2030
• 2 automotive over the air (OTA) updates submarket forecasts by firmware over the air from 2020-2030
• 5 automotive over the air (OTA) updates submarket forecasts by component from 2020-2030
• 4 automotive over the air (OTA) updates submarket forecasts by vehicle type from 2020-2030
• 3 automotive over the air (OTA) updates submarket forecasts by passenger cars from 2020-2030
• 24 leading national automotive over the air (OTA) updates market forecasts from 2020-2030
• Analysis of the automotive over the air (OTA) updates set to become mandatory in North America
• Profiles of 15 leading companies, involved with automotive over the air (OTA) updates with key financial metrics
• Porter’s Five Forces analysis

And there’s more.

How this report will benefit you

• You have almost certainly an excess of conflicting and yet unclear information – you want one definitive report to base your business decisions upon – this Visiongain report provides that clarity
• Our insightful report speaks to your needs for definitive market data, objective impartial analysis and immediate clear conclusions – to allow you to formulate clear decisive business strategies
• You need the information now in an easily digestible form – this is where this Visiongain reports excels
• Forecasts give you a crucial advantage. That knowledge of the future is central to your strategic decision making.
• Knowledge is vital to you and your business. You need every piece of evidence to inform your crucial investment decisions – let Visiongain give you that clear advantage
• Without this vital report, you will fall behind your competitors

Don’t miss out on this business advantage

This information is not available elsewhere. With our report you are less likely to fall behind in knowledge or miss opportunity. Discover how the report benefits your research, analyses, and decisions. Also see how you save time and receive recognition for commercial insight.

Visiongain’s study is for everybody needing commercial analyses for the automotive OTA updates market and leading companies. Find data, trends and predictions. Get our report today global automotive OTA updates market. Please order our report now.

To request a report overview of this report please email contactus@visiongain.com or refer to our website: https://www.visiongain.com/report/automotive-over-the-air-ota-updates-market-report-2020-2030/

Did you know that we also offer a report add-on service? Email contactus@visiongain.com to discuss any customized research needs you may have.

Companies covered in the report include:

Airbiquity
Alfa Romeo Automobiles S.p.A.
AliOS
Aptiv PLC
Arada Systems
Arity
Arynga
AT&T
ATS Advanced Telematic Systems GmbH
Audi AG
Autonet Mobile, Inc
Blackberry Limited
BMW
BYD Co Ltd
Continental AG
Delphi Automotive PLC.
Denso Corp.
Elektrobit
EnGIS Technologies
Escrypt GmbH
EXO Technologies
Ferrari S.p.A.
Fujitsu Ltd.
Fusion Entertainment
Garmin Ltd
General Motors
Great Wall Motors
Harman Connected Services Corporation
Harman International Industries, Inc.
HellermannTyton Group PLC,
HERE Global B.V
HERE Technologies
Huawei
IMFT
Infineon Technologies AG
Intel Corporation
Jaguar Land Rover
KUM
Lear Corporation
Libelium
Linamar
Mercedes-Benz
Micron
Microsoft Corporation
Mitsubishi Motors Corporation
Mobileye
Movimento
Munich Reinsurance America Inc.
Nissan Motor Company Ltd
Nissan Motor Corporation
Nvidia Corporation
NXP Semiconductors N.V.
OnStar
Porsche AG
Qualcomm Incorporated
Red Bend Software
Redbend
Renesas Electronics Corporation
Robert Bosch GmbH
Rolls-Royce Limited
Rosenberger
Samsung Electronics Co., Ltd.
STMicroelectronics (ST)
Tata MotorsTesla, Inc.
The Geely Group
Toyota
Trigentic AB
Tuxera Inc.
Valens
Verizon Communications, Inc.
VMware
Volkswagen AG
Volvo
Winchester Interconnect
Wind River
Yogitech
Zigbee

Organisations mentioned

European Union
GENIVI Alliance
German Association of the Automotive Industry (VDA)
OICA
Singapore Land Transport Authority
WYDOT (Wyoming Department of Transportation)

To see a report overview please e-mail contactus@visiongain.com

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Connected Car Market Report 2019-2029

Top 20 Connected Car Companies 2019

Automotive Vehicle to Everything (V2X) Communications Market 2018-2028

Automotive Sensor Market Report 2019-2029

Top 20 Automotive Sensor Companies 2018

100 Connected Car Companies to Watch

Automotive Cyber Security Market Report 2018-2028

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The Connected Car Market Will Endure a 15% Shipment Decline, Flat Revenues in 2020; Sales Return on Trend Early 2022

LONDON, July 28, 2020 /PRNewswire/ — After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020. However, both embedded and aftermarket segments will see accelerated growth in 2021, and sales should return to trend in early 2022. ABI Research, a global tech market advisory firm, expects 115 million global connected car shipments, and a market value of US$83 billion in 2025.

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LONDON, July 28, 2020 /PRNewswire/ — After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020. However, both embedded and aftermarket segments will see accelerated growth in 2021, and sales should return to trend in early 2022. ABI Research, a global tech market advisory firm, expects 115 million global connected car shipments, and a market value of US$83 billion in 2025.

ABI Research www.abiresearch.com (PRNewsFoto/ABI Research)

«While standard fitment of cellular emergency systems and free trial subscriptions of connected services are responsible for robust connectivity penetration in the few vehicles that have been commercialized this year, the enormous contraction in new vehicle sales due to COVID-19 will make 2020 a flat year for connected cars,» explains Maite Bezerra, Smart Mobility and Automotive Analyst at ABI Research.

Despite shipments of vehicles with embedded connectivity dropping by 19% in 2020, the sector will still be responsible for at least 30 million new connected vehicles on the road this year. In the USA, 91% of new vehicles sold in 2020 will be connected, against 51% in Asia-Pacific and 37% in Latin America. In contrast, the aftermarket segment will contract by only 12% year-over-year, with the impact having been softened by lower hardware prices and increased demand from drivers of older vehicles with no embedded connectivity. The connected car industry will resume consistent growth from 2021 and achieve a market value of US$75 billion in 2023. Asia-Pacific is the region with the highest potential, reaching US$27 billion in revenues in 2025, followed by North America with US$21 billion in revenues.

Within the infotainment sector, OEMs are investing in more and larger displays in the car. For instance, the Porsche Taycan has a 16.8-inch instrument cluster display, a central 10.9-inch infotainment display, an 8.4-inch touch panel, and an additional 5.9-inch touch control.  CES 2020 had consistent demos of vehicles with large dashboard displays, such as Mustang’s 15-inch portrait display, Fiat Centoventi’s displays ranging from 10 to 30 inches, and Byton M-Byte’s impressive 48-inch screen. Also, an increasing number of OEMs, such as BMW and Mercedes, are offering connected infotainment and navigation at no extra costs to the purchase price, even for non-premium models. Infotainment technologies, including connected navigation, multimedia streaming, Wi-Fi hotspot, and voice assistants, will ship inside at least 57 million vehicles by 2025. Connected Navigation will lead infotainment market share in 2025. Voice control and voice assistants have become increasingly popular as they can help minimize driver distraction. ABI Research forecasts that virtually 100% of connected vehicles in North America and Europe will have voice control by 2023.

The aftermarket space has seen a renewed interest in plug and play solutions as some consumers have postponed the purchase of new vehicles. «Reportedly, this has motivated OEMs to search for partnerships with aftermarket connectivity providers, such as Mojio, to increase their revenue streams. While this may be a short-term opportunity, OEMs could make use of aftermarket devices to drive higher usage of their applications and broaden their access vehicle data,» Bezerra concludes.

These findings are from ABI Research’s Connected Car market data report. This report is part of the company’s Smart Mobility & Automotive research service, which includes research, data, and ABI Insights.  Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info: 

Global                                                             
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com   

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GLM Announces 1st Prototype of Unique «Next-generation SiC Inverter-compatible 800V System»

KYOTO, Japan, July 28, 2020 /PRNewswire/ — GLM Co., Ltd., a Kyoto, Japan-based developer and marketer of electric vehicles (EVs), has announced the next phase in its development of a «next-generation SiC inverter-compatible 800V system» equipped with a ROHM SiC power module, which GLM announced with ROHM at the start of its development in February 2020, aiming for mass production in the next 24 months.

Movie: <a target="_blank"…

KYOTO, Japan, July 28, 2020 /PRNewswire/ — GLM Co., Ltd., a Kyoto, Japan-based developer and marketer of electric vehicles (EVs), has announced the next phase in its development of a «next-generation SiC inverter-compatible 800V system» equipped with a ROHM SiC power module, which GLM announced with ROHM at the start of its development in February 2020, aiming for mass production in the next 24 months.

Movie: https://vimeo.com/440183123  

Photos: https://kyodonewsprwire.jp/release/202007212273?p=images  

This product incorporates SiC for a power element. SiC offers significant advantages over IGBT switching technologies and is the future of EV powertrains.

This is also the first step in its new 800V architecture, which provides significant benefits to the EV system.

The package is a 3-in-1 package that integrates two inverters and a PDU (power distribution unit). It makes the new inverter to achieve further miniaturization, lighter weight, and higher output compared to conventional products.

Moreover, by supporting the 800V system, it contributes to reducing the vehicle weight and recharge time when charging a large-capacity battery as an EV vehicle.

Development of the inverter will lead to significant progress in the new EV system that is unique to GLM. Moving forward, GLM continues working to achieve further growth of platform business through the deployment of new vehicle models and the supply of the EV system. This project will aim to start mass production in the spring of 2022, collaborating with motor and battery manufacturers in providing a one-stop shop for one of the most advanced EV powertrains in the world.

The EV market is projected to reach 26,951,318 units by 2030 from an estimated 3,269,671 units in 2019 at a CAGR (compound annual growth rate) of 21.1% during the forecast period (*1).

GLM will continue to develop its business and is in a prime position to take advantage of this growth with its parent company, Apollo Future Mobility Group (*2).

Notes:

(*1) https://www.marketsandmarkets.com/Market-Reports/electric-vehicle-market-209371461.html

(*2) The group’s English name was changed and registered from WE Solutions Limited to «Apollo Future Mobility Group» on March 13, 2020

Volkswagen Group officially grants UL extended approval as an external testing laboratory

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

<div…

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

UL Logo (PRNewsFoto/UL)

The materials testing laboratory in Krefeld is already approved by the Volkswagen Group to perform environmental, surface, mechanical, burning behavior, media resistance and textile testing for selected interior and exterior parts and components.

«This extended approval from Volkswagen is for chamber testing according to PV 3942, including chemical analysis combined with odor assessment,» explained Thomas Wagner, Ph.D., automotive business manager in UL’s Material and Supply Chain Division. «UL continuously works on expanding its approvals for emission and other performance testing requirements according to Volkswagen’s and other automotive original equipment manufacturers (OEM) test standards,» Wagner added. The certified test standards can be found in the Volkswagen supplier portal, where UL is listed as an approved laboratory.

The materials testing center in Krefeld offers a unique set of all-inclusive services. With highly specialized testing laboratories, modern test methods and comprehensive material databases, the Materials and Supply Chain division of UL supports automotive manufacturers and Tier suppliers from product concept stage to early product development through to final Part Production Approval Process (PPAP) for an optimized time-to-market.

For more information on UL’s automotive materials testing capabilities, visit www.UL.com/drive.

About UL

UL helps create a better world by applying science to solve safety, security and sustainability challenges. We empower trust by enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. All of our work, from independent research and standards development, to testing and certification, to providing analytical and digital solutions, helps improve global well-being. Businesses, industries, governments, regulatory authorities and the public put their trust in us so they can make smarter decisions. To learn more, visit UL.com. To learn more about our nonprofit activities, visit UL.org.

CONTACT: Marlene Stezinar
Marketing Lead – Material Testing and Certification
UL
T: +49.2151.5370.309

Logo – https://mma.prnewswire.com/media/325015/ul_enterprise_logo.jpg

Volkswagen Group officially grants UL extended approval as an external testing laboratory

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

<div…

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

UL Logo (PRNewsFoto/UL)

The materials testing laboratory in Krefeld is already approved by the Volkswagen Group to perform environmental, surface, mechanical, burning behavior, media resistance and textile testing for selected interior and exterior parts and components.

«This extended approval from Volkswagen is for chamber testing according to PV 3942, including chemical analysis combined with odor assessment,» explained Thomas Wagner, Ph.D., automotive business manager in UL’s Material and Supply Chain Division. «UL continuously works on expanding its approvals for emission and other performance testing requirements according to Volkswagen’s and other automotive original equipment manufacturers (OEM) test standards,» Wagner added. The certified test standards can be found in the Volkswagen supplier portal, where UL is listed as an approved laboratory.

The materials testing center in Krefeld offers a unique set of all-inclusive services. With highly specialized testing laboratories, modern test methods and comprehensive material databases, the Materials and Supply Chain division of UL supports automotive manufacturers and Tier suppliers from product concept stage to early product development through to final Part Production Approval Process (PPAP) for an optimized time-to-market.

For more information on UL’s automotive materials testing capabilities, visit www.UL.com/drive.

About UL

UL helps create a better world by applying science to solve safety, security and sustainability challenges. We empower trust by enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. All of our work, from independent research and standards development, to testing and certification, to providing analytical and digital solutions, helps improve global well-being. Businesses, industries, governments, regulatory authorities and the public put their trust in us so they can make smarter decisions. To learn more, visit UL.com. To learn more about our nonprofit activities, visit UL.org.

CONTACT: Marlene Stezinar
Marketing Lead – Material Testing and Certification
UL
T: +49.2151.5370.309

Logo – https://mma.prnewswire.com/media/325015/ul_enterprise_logo.jpg

Volkswagen Group officially grants UL extended approval as an external testing laboratory

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

<div…

UL laboratory in Germany listed for emission chamber testing according to PV 3942

KREFELD, Germany, July 27, 2020 /PRNewswire/ — UL’s materials testing laboratory in Krefeld, Germany, has been approved as an external laboratory for emission testing according to PV 3942 for Volkswagen component validation. PV 3942 tests the emission behavior of parts, components and semi-finished products for vehicle interiors.

UL Logo (PRNewsFoto/UL)

The materials testing laboratory in Krefeld is already approved by the Volkswagen Group to perform environmental, surface, mechanical, burning behavior, media resistance and textile testing for selected interior and exterior parts and components.

«This extended approval from Volkswagen is for chamber testing according to PV 3942, including chemical analysis combined with odor assessment,» explained Thomas Wagner, Ph.D., automotive business manager in UL’s Material and Supply Chain Division. «UL continuously works on expanding its approvals for emission and other performance testing requirements according to Volkswagen’s and other automotive original equipment manufacturers (OEM) test standards,» Wagner added. The certified test standards can be found in the Volkswagen supplier portal, where UL is listed as an approved laboratory.

The materials testing center in Krefeld offers a unique set of all-inclusive services. With highly specialized testing laboratories, modern test methods and comprehensive material databases, the Materials and Supply Chain division of UL supports automotive manufacturers and Tier suppliers from product concept stage to early product development through to final Part Production Approval Process (PPAP) for an optimized time-to-market.

For more information on UL’s automotive materials testing capabilities, visit www.UL.com/drive.

About UL

UL helps create a better world by applying science to solve safety, security and sustainability challenges. We empower trust by enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. All of our work, from independent research and standards development, to testing and certification, to providing analytical and digital solutions, helps improve global well-being. Businesses, industries, governments, regulatory authorities and the public put their trust in us so they can make smarter decisions. To learn more, visit UL.com. To learn more about our nonprofit activities, visit UL.org.

CONTACT: Marlene Stezinar
Marketing Lead – Material Testing and Certification
UL
T: +49.2151.5370.309

Logo – https://mma.prnewswire.com/media/325015/ul_enterprise_logo.jpg

Head Up Display (HUD) Market Size is Projected to Reach USD 2422.5 Million by 2026 – Valuates Reports

BANGALORE, India, July 24, 2020 /PRNewswire/ — Factors such as increased passenger and vehicle safety awareness, the convenience of integrating satellite navigation technology with a head-up display system, increased demand for connected vehicles and advanced technical HUDs drive the growth of head-up display market size

<img id="prnejpg4730left" title="Valuates_Reports_Logo" border="0" alt="Valuates_Reports_Logo"…

BANGALORE, India, July 24, 2020 /PRNewswire/ — Factors such as increased passenger and vehicle safety awareness, the convenience of integrating satellite navigation technology with a head-up display system, increased demand for connected vehicles and advanced technical HUDs drive the growth of head-up display market size

Valuates_Reports_Logo

Global Head Up Display Market size is projected to reach USD 2422.5 Million by 2026, from USD 930 Million in 2019, at a CAGR of 17.3% during 2020-2026.

The key regions covered in the Head Up Display (HUD) market report are North America, Europe, China, Japan, and South Korea. The report includes a country-wise and region-wise market size for the period 2015-2026. It also provides market size and forecast by Type and application segment in terms of production capacity, price, and revenue for 2015-2026.

Get Detailed Analysis of COVID-19 Impact on Head Up Display (HUD) Market: https://reports.valuates.com/request/sample/QYRE-Othe-4C177/Head_Up_Display_Market

TRENDS INFLUENCING THE HEAD-UP DISPLAY MARKET SIZE

The demand from the automotive vertical and the increasing opportunities for growth in the wearables sector are driving the growth of the Head Up Display Market size.

Initially, traditional head-up displays were designed for aviation and military applications. However, they are widely used in automotive applications. The major factors responsible for this growth of head up display market size are increased adoption by OEMs in display technology, reduced installation costs of head-up display systems, and increased importance given to vehicle and passenger safety systems.

Conventional HUDs are used as a secondary display device in automobiles to provide the driver with information on navigation routes, vehicle direction, fuel indication, lane-departure alert, and traffic information. HUDs power the demand from the automotive segment with enhanced benefits such as monochrome, 4-color monitor, night vision, high contrast, and color-rich virtual images. These new features are expected to fuel the HUD adoption and thereby increase the Head Up Display Market size.

Artificial Intelligence is being introduced by the use of a cloud terminal in the Heads-up Display. AI works as a driver’s digital assistant observing the driver’s preferences at various times of the day and week and automatically scheduling the entertainment, navigation and other details needed at the appropriate time. This incorporation of AI in HUD is expected to increase the Head Up Display Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4C177/head-up-display

HEAD UP DISPLAY MARKET SHARE ANALYSIS

The automotive application segment is expected to account for the largest market share over the forecast period. The section of aviation follows next due to most commercial aircraft adopting head-up display systems for optimal landing and takeoff.

Major factors driving market growth in the North American area are the emergence of major technology firms and significant investments made in head-up display R&D. North America currently holds a large Head Up Display Market share in the global market.

Europe’s market closely follows the North American region. The market growth in this region is attributed to the increasing awareness among individuals about the benefits offered by head-up displays.

The global Asia Pacific market is expected to account for a comparatively higher CAGR due to an increasing perception among users of the benefits the technology provides.

Furthermore, the growth in living standards and rising disposable income are driving the growth of the Head Up Display Market size.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Othe-4C177/Head_Up_Display_Market

The following manufacturers are covered in this report:

  • BAE Systems
  • Continental
  • DENSO
  • Elbit Systems
  • Visteon
  • Robert Bosch
  • YAZAKI
  • Others

Head Up Display (HUD) Breakdown Data by Type

  • Conventional HUD
  • AR-Based HUD

Head Up Display (HUD) Breakdown Data by Application

  • Aviation
  • Automotive

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SIMILAR REPORTS :

●  Head Up Display Sales Market

The global Head Up Display market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Head Up Display market will be able to gain the upper hand as they use the report as a powerful resource

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0C277/global-head-up-display-sales

●  Automotive HUD Market

The key drivers of the Automotive HUD Market are increased adoption rate of advanced technologies by OEMs, fast generation of real-time and reliable data from advanced driver assistance systems, and growing connected vehicles.

Furthermore, increasing demand for portable HUDs, the advent of semi-automatic and electric vehicles would further generate new opportunities for the automotive HUD market during the forecast period.

The North American market is expected to hold the largest Automotive HUD Market size during the forecast period. The North American and European automobile markets are two of the most technology-sensitive markets, and the HUD systems are adopted on a larger scale in these markets.  The Asia Pacific market is expected to witness the highest growth rate due to the increasing demand for luxury cars. 

Top companies in the Automotive HUD Market are, Robert Bosch, Panasonic, Continental, DENSO, Visteon, NIPPON SEIKI, Pioneer, Yazaki, Harman, Garmin, Microvision, LG Display, etc.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-30P72/global-automotive-head-up-display-hud

●  Aerospace Head Up Display Market Report

Aerospace head-up displays have its applications in both military and defense and civil aviation. Civil aviation and commercial aviation are expected to gain traction of aerospace head up displays in the forecast period. Presently, higher adoption of aerospace head up displays is observed in military and defense.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-23D1816/global-aerospace-head-up-display

●  Head Up Display Software Market

Head up display software is designed to handle content presented in the most user-friendly and versatile manner on a head-up display. Head-up displays are holographic projections that are used to provide details on different aspects. The head-up display’s key application is in driving, showing details such as current vehicle speed, fuel level, current consumption rate, and navigation directions.

This report focuses on the global Head Up Display Software status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Head Up Display Software development in the United States, Europe, and China.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2V316/head-up-display-software

●  Head Up Display Ecosystem Market Report

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc.

The Head Up Display Ecosystem Market report lists the major manufacturers in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and leadership changes to stay ahead in the competition.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0B275/head-up-display-ecosystem

●  Windshield Projected Head-Up Display Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-23J294/global-windshield-projected-head-up-display

●  Augmented Reality Market Report

The global Augmented Reality (AR) Market size is projected to reach USD 3664.5 Million by 2026, from USD 849 Million in 2019, at a CAGR of 27.6% during 2020-2026.

The increasing demand for AR devices and applications in medical, increase in demand for AR in the retail and e-commerce, and rising investment are the major drivers for Augmented Reality Market size growth.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1P227/augmented-reality

●  Mixed Reality Market Report

The global Mixed Reality market size is projected to reach USD 4454.1 Million by 2026, from USD 196 Million in 2019, at a CAGR of 68.3% during 2020-2026.

Increased adoption of new technology equipment in various educational institutions is expected to increase the mixed reality market size during the forecast period. Furthermore, the surge in the adoption of mixed reality technology in the gaming and entertainment industries is expected to fuel the growth of mixed reality market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7H1936/global-mixed-reality

●  Virtual Reality Market

The Global Virtual Reality Market Size is growing with a CAGR of 34.5% during the forecasted period 2019 to 2025

North America is expected to hold the largest size of the virtual reality market, while the market in Asia-Pacific is estimated to grow at the highest rate. Countries such as China, India, Japan, and South Korea in the APAC region are witnessing a huge demand for head-mounted displays for the gaming application.

The report lists the major manufacturers in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and leadership changes to stay ahead in the competition.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2A191/virtual-reality

●  Augmented and Virtual Reality Market

The global AR and VR market size was USD 11.35 Billion in 2017, and the augmented and virtual reality market forecast is projected to reach USD 571.42 Billion by 2025, growing at a CAGR of 63.3% from 2018 to 2025.

The study presents an in-depth analysis of the global augmented and virtual reality market along with the current & future trends to elucidate the imminent investment pockets.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-4H304/augmented-and-virtual-reality

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report, Please also reach our sales team to get the complete list of our data source.

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