Automotive Business Point

The mushrooming sales of autonomous and luxury vehicles and the growing requirement for advanced safety systems and features are the main factors boosting the demand for automotive camera modules across the world. In addition to this, the enactment of the New Car Assessment Program (NCAP) is further fueling the sales of automotive camera modules. Due to the growing incidence of road accidents, the governments of many countries are implementing strict regulations that mandate the incorporation of safety features in automobiles. Due to the above-mentioned reasons, the sales of automotive camera modules are rising rapidly, which is, in turn, driving the advancement of the global automotive camera module market. According to the estimates of the market research firm, P&S Intelligence, the market would register huge expansion from 2020 to 2030. The biggest application areas of these camera modules are park assist (PA), lane departure warning (LDW), blind spot detection (BSD), autonomous

The increasing adoption of fuel-efficient vehicles will raise the application of the start–stop technology in the automotive industry. The urgent need to clean up the environment has put the spotlight on the start–stop technology to curtail the emissions of sulfur dioxide and carbon monoxide. The demand for low-emission automobiles and stringent government regulations will enhance the demand for the technology in the future. The technology assists in cutting down fuel consumption and emissions by automatically shutting down and restarting the internal combustion engine (ICE) of vehicles, to shorten the amount of time the engine spends idling. Request to Get the Sample Report:   https://www.psmarketresearch.com/market-analysis/start-stop-technology-market/report-sample With the rising concerns regarding the increasing amount of greenhouse gases in the atmosphere, automobile manufacturers are deploying the start–stop technology to produce fuel-efficient and eco-friendly vehicles. This

The development of technologies such as internet of things (IoT) and artificial intelligence (AI) have had a positive impact on the automotive industry, just like many other industries. These technologies are increasingly being utilized in vehicles to make them safer and more efficient in order to provide consumers with enhanced driving experience. In addition to this, the focus on development of autonomous cars has increased significantly as well. Because of strong economic growth and increasing disposable income of people, the demand for autonomous vehicles is predicted to increase considerably in the near future. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/cooperative-vehicle-infrastructure-system-market/report-sample Ascribed to these factors, the global cooperative vehicle infrastructure system market is expected to grow at a substantial pace in the years to come. CVIS is provides by original equipment manufacturers (OEM) and third-party ser

With the rising environmental degradation and the deteriorating air quality levels in the major cities and towns, the government at both the state and central levels in India are focusing on promoting the deployment of eco-friendly modes of transportation such as electric rickshaws (e-rickshaws). As a result, there has been a sharp surge in the enactment of strict environment protection laws in the country. These laws are aimed at reducing the usage of fossil fuel-powered vehicles. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/indian-e-rickshaw-on-demand-ride-hailing-industry/report-sample This initiative made e-rickshaw services available in 29 metro stations. Additionally, the increasing road congestion is propelling the requirement for shared mobility services in the country. Because of these factors, the popularity of e-rickshaws and on-demand ride hailing services is growing rapidly in the country. In the major cities such as Kolkata, Del

The increasing pollution levels and carbon emissions caused because of the large-scale utilization of oil and gas powered vehicles are majorly responsible for the surging popularity of electric vehicles across the world. The deteriorating air quality levels in many countries coupled with global warming has made many environmentalists, activists, and governments take numerous measures for creating awareness about alternative eco-friendly sources of power such as electrical energy. Additionally, the governments of several countries are offering hefty financial incentives to their people on the purchase of electric vehicles, which is in turn, boosting the sales of these vehicles. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/two-wheeler-hub-motor-market/report-sample In addition to being environment-friendly, the electric two-wheelers serve as excellent alternatives to the light motor vehicles (LMV) and are thus, enjoying soaring popularity all over

The Asia-Pacific (APAC) automotive tire market attained sales of 1,080.5 million units in 2018 and is predicted to reach sales of 1,826.8 million units by 2024. According to the estimates of P&S Intelligence, a market research firm based in India, the market would progress at a CAGR of 9.1% between 2019 and 2024. The soaring tire replacement rates and the rapidly expanding automotive industry across the world are the main factors driving the progress of the market. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/apac-automotive-tire-market/report-sample The rapid growth of the automotive industry is one of the biggest factors fueling the advancement of the APAC automotive tire market. The Asia-Pacific region is the biggest automobile manufacturing region in the world. This region is home to numerous global automotive parts and components and vehicle manufacturing firms. The rapid manufacturing of light commercial vehicles in several countries is a

The increasing incidence of terror attacks, violence, and security threats in several countries is fueling the demand for armored vehicles. In addition to this, the presence of political tensions and disputes between various countries is pushing up the defense spending, which is, in turn, driving the sales of armored vehicles. In Asia-Pacific (APAC), the defense expenditure of nations such as India, China, Australia, and South Korea is soaring rapidly and this is adding wings to armored vehicle sales. The rising cross-border tensions between India and Pakistan and India and China and the increasing security concerns being raised in these countries over rebellions, vigilantism, attacks on government buildings and civilians, and terror attacks are augmenting the defense expenditure of these countries. Moreover, the growing requirement for replacing old military weaponry and tech in these countries is boosting the demand for advanced equipment and military vehicles such as armored ve

The rising prevalence of road accidents is one of the major factors fueling the demand for adaptive cruise control across the world. Road accidents are one of the biggest causes of deaths in various countries and regions. Africa and Asia-Pacific (APAC) record the highest and the second-highest occurrence of road crashes in the world respectively. Due to the growing incidence of road accidents, the demand for advanced safety features and systems such as adaptive cruise control is rising rapidly. As a result, automakers all over the globe are increasingly adopting these systems in their vehicles. Furthermore, the governments and regulatory bodies in various countries and regions such as those in North America and Europe are implementing strict vehicle safety policies and regulations that mandate the installation of safety systems such as adaptive cruise control in vehicles. In addition to this, various trade unions and associations are encouraging the integration of adaptive cruise contr

Conventional fuels, such as gasoline and diesel, have adversely impacted the atmosphere. The uncontrolled rise in air pollution levels mandates the usage of cleaner fossil fuels. Compressed natural gas (CNG) and liquefied petroleum gas (LPG) are the most-popular alternative hydrocarbonstogasoline and diesel in the automotive industry. CNG and LPG vehicles have long marked their presence in the automobile industry; for instance, in Delhi, all commercial passenger vehicles must use CNG. These replacement fuels adhere to the emission limits, therefore will go a long way in reducing the pollution levels. Request to Get the Sample Report This expanding CNG and LPG vehicle market reflects the shift toward clean energy. As per P&S Intelligence, Europeans purchased the maximum number of clean-fuel vehicles in 2015. European nations, including Russia, Ukraine, Italy, and Germany, are home to major marques, such as Volkswagen Group, Mercedes-Benz, Volvo Group, and Mitsubishi, which are man

The increasing incidence of terror attacks, violence, and security threats in several countries is fueling the demand for armored vehicles. In addition to this, the presence of political tensions and disputes between various countries is pushing up the defense spending, which is, in turn, driving the sales of armored vehicles. In Asia-Pacific (APAC), the defense expenditure of nations such as India, China, Australia, and South Korea is soaring rapidly and this is adding wings to armored vehicle sales. The rising cross-border tensions between India and Pakistan and India and China and the increasing security concerns being raised in these countries over rebellions, vigilantism, attacks on government buildings and civilians, and terror attacks are augmenting the defense expenditure of these countries. Moreover, the growing requirement for replacing old military weaponry and tech in these countries is boosting the demand for advanced equipment and military vehicles such as armored vehicl