Automotive Business Point

With more than 1.3 million people dying in vehicle crashes every year, as per the World Health Organization (WHO), the focus on making road transportation safer has increased massively in the recent past. What is disheartening is that most of these accidents are caused not by a failure of vehicle systems but by humans themselves. The key reasons because of which automobiles crash are over-speeding, not paying attention to the road while driving, talking on the phone while driving, reckless driving, and not keeping enough distance from the vehicle in front. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/automotive-head-up-display-market/report-sample As a result, the need for systems and software that can aid people while driving is rising, and many countries have mandated their adoption in automobiles. This is a key reason because of which P&S Intelligence expects the automotive head-up display market to witness rapid growth in the years to come.

 The growing integration of electric power steering (EPS) systems in commercial vehicles such as buses and trucks is pushing up their demand all over the world. Commercial vehicles usually operate at night and have to travel through remote locations, often facing harsh weather and conditions. Thus, commercial vehicle drivers and fleet owners are increasingly incorporating electric power steering systems in their vehicles in order to reduce the chances of road accidents. Pre-Purchase Inquiry at:  https://www.psmarketresearch.com/send-enquiry?enquiry-url=electric-power-steering-market Additionally, the implementation of regulations regarding the adoption of advanced driver assistance systems (ADAS) with several vehicle systems by the governments of various countries is also propelling the demand for electric power steering systems. For example, as per the Regulation No. 79 of the Economic Commission for Europe, of the United Nations (UN/ECE), the uniform provisions pertaining to the

Around the world, governments are promoting electric vehicles (EVs) because of the increasing level of air pollution and growing problem of road congestion in major urban areas. In this regard, not only have stringent emission reduction targets been imposed on conventional gasoline and diesel vehicles, but the manufacturers and buyers of EVs are being offered financial incentives, such as subsidies, tax rebates, and registration fee concessions. For instance, the Californian government offered a 10% federal tax credit in 2017 on the purchase of electric motorcycles costing up to $2,500. Further, in whichever places charging stations do exist in substantial numbers, most are AC slow chargers, which can take 6–12 hours to fully charge an EV battery. This becomes a problem for two- and three-wheelers, as such automobiles, especially those used for shared mobility services, must be operational round the clock, for the service provider to make enough money. Grounding the automobile for half

Numerous incidences of drone detection and close encounters with commercial aircraft are being observed in the Asia-Pacific (APAC) region. Cases of near misses between manned and unmanned aircraft have become frequent in the thronged airspace, resulting in various catastrophic accidents. To avoid such accidents, government agencies are making plans to safe guard airports. For example, the Bureau of Civil Aviation Security (BCAS), India, formulated a counter-drone plan to protect airports from threats posed by unmanned armed vehicles (UAVs), by using soft-skill method to entrap or jam drones instead of destroying them. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/apac-anti-drone-market/report-sample Additionally, rising number of illegal and terrorist activities and increasing incidence of security contravention by unsanctioned UAVs will also fuel the APAC anti-drone market at a CAGR of 47.8% during 2018–2025. According to P&S Intelligence, the

The global electric vehicle charging cables market generated a revenue of approximately $250 million in 2020, and it will exhibit huge expansion from 2021 to 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The factors fueling the market surge are the growing deployment of electric vehicles (EVs), increasing concerns being raised over the escalating air pollution levels, and the burgeoning demand for public EV charging facilities and infrastructure. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/electric-vehicle-charging-cables-market/report-sample With the soaring adoption of EVs, the governments of many countries are actively focusing on developing EV charging stations. Moreover, several governments are making huge investments for developing and installing EV charging stations in various public places. As per the International Energy Agency (IEA), the total number of EV charging points around the world inc

In the 1950s, less than 20% of the Chinese people were urban dwellers, and by 2018, this percentage had soared to 59%, as per the World Urbanization Prospects 2018 report of the United Nations (UN). This has led to a massive rise in the number of automobiles on the roads of China, in part, making it the largest carbon emitter in the world. As a result, its government has been strongly encouraging the public to adopt electric vehicles (EV) by implementing stringent emission regulations and offering purchase subsidies and tax rebates. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/china-electric-scooters-and-motorcycles-market/report-sample P&S Intelligence says that the increasing urbanization level, which is expected to touch almost 70% by 2030, will drive the electric scooters and bike market in China from $7.7 billion in 2017 to $12.5 billion by 2025, at a 6.1% CAGR during 2018–2025 (forecast period). As per the Health Effects Institute and Tsi

The increasing number of electric vehicles (EVs) on the roads, owing to the presence of strict emission policies in many countries because of the increasing pollution levels caused from vehicular emissions, is one of the major factors fuelling the surging demand for second life electric vehicle batteries around the world. For instance, according to the Europe 2020 strategy, the European Union (EU) aims to reduce the carbon dioxide (CO2) emissions from vehicles by 20%, as compared to the emission levels in 1990, by 2020. Similarly, the U.S. targets to reduce the emission levels by 26–28% by 2025. The batteries adopted in the electric vehicles are replaced very frequently (usually in every four to five years), which is significantly lesser than the complete life span of the electric vehicle itself. Moreover, the older battery, even after replacement, has almost 60—80% of its original power supplying capacity, which makes the battery highly useful in various other applications. Due to the

Owing to the numerous advantages offered by titanium-based blisks, such as low weight and high strength, they are witnessing a rising demand from the aerospace sector. These components offer as much as a 50% reduction in weight, as compared to nickel- and steel-based super alloys. Moreover, titanium has a much higher strength-to-weight ratio compared to aluminum and steel, with a density of 4.5 g/cm3. The increasing demand for higher fuel efficiency is pushing the need for a high bypass ratio, which is, in turn, fuelling the adoption of low-weight blisks. Driven by the above-mentioned factors, the revenue generated from the sales of aerospace titanium blisks increased from $3,988.3 million to $4,945.4 million, from 2017 to 2023. The global aerospace titanium blisk market is predicted to progress at a CAGR of 3.7% during the forecast period (2018–2023). Titanium blisks are used in commercial, general aviation, military and various other aerospace applications, such as in model and exper

The global automotive OTA updates market attained a revenue of $2,422.6 million in 2020, and it is predicted to progress at a CAGR of 19.5% between 2021 and 2030. Furthermore, the market will reach a valuation of $13,859.5 million by 2030, as per the forecast of P&S Intelligence, a market research company based in India. The factors driving the market advancement are the growing deployment of electric vehicles (EVs) and connected cars across the world.  The increasing deployment of these vehicles is pushing up the requirement for OTA updates, as these vehicles are heavily reliant on the software for their efficient functioning. Moreover, many original equipment manufacturers (OEMs) are making huge investments in OTA upgradation technologies for making it easier for the vehicle owners to update the software of their vehicles. The simplification of the automotive software upgradation process is propelling the growth of the automotive OTA updates market. Request to Get the Sample Repo

The adoption of vehicles across the globe has risen considerably over the past few years, which can be ascribed to the surging disposable income of people and technological advancements that have reduced the prices of vehicles. While a larger number of people can travel comfortably now, the number of vehicles on roads has risen as well, so much so that traffic congestion is becoming a major problem in cities. Other than this, the pollution levels have increased considerably as well, owing to the increased number of vehicles. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/automotive-fuel-injection-system-market/report-sample In order to combat this situation and curb harmful emissions from vehicles, manufacturers are looking for ways that can enhance fuel efficiency of vehicles. One of the major developments in the area is that of the fuel injection system. In conventional vehicles, carburetor control the fuel/air mixture, however a single carburetor

The global micromobility telematics market revenue stood at $957.7 million in 2020, and the market is predicted to advance at a CAGR of 26.7% from 2021 to 2030. Furthermore, the market will reach a value of $13,010.4 million by 2030, as per the forecast of P&S Intelligence, a market research company based in India. The market is being driven by the large-scale adoption of micromobility solutions all over the world.  With the increasing adoption of network services, smartphone connectivity, fleet optimization, and locking mechanisms into these services, the market will register rapid expansion in the coming years. Besides these, the burgeoning requirement for first- and last-mile transportation is also fueling the advancement of the micromobility telematics market around the world. Micromobility services provide mobility solutions for shorter distances, which, in turn, bridges the gap existing in first- and last-mile transportation. Request to Get the Sample Report: https://www.psm

The global automotive busbar market reached a value of $17.4 million in 2020, and it is predicted to progress at a CAGR of 24.6% between 2021 and 2030. Furthermore, as per the estimates of P&S Intelligence, a market research company based in India, the market will generate a revenue of $177.1 million in 2030. The surging deployment of electric vehicles (EVs) in several countries is a key factor driving the expansion of the market. This is primarily because busbars are extensively used in EVs, as traditional cell connections such as strips, lugs, and welded wires are extremely prone to failure due to the dislocation of the cells because of the vibrations caused by a moving automobile. Moreover, busbars have low thermal and electrical resistance and are thus, used heavily in EV manufacturing processes. Besides these, the soaring usage of plug-in hybrid EVs (PHEVs) is also fueling the worldwide demand for automotive busbars . Request to Get the Sample Report Many automakers such as BM

The automotive fuel transfer pump is an integral part of a vehicle, as it is employed for transmission, lubrication, and transfer of the fuel to the engine. Unlike before, such pumps are now being used for the overall improvement of automobiles’ performance, especially their fuel efficiency. Pumps use electrical or mechanical energy to push the fuel into the combustion chamber of the engine. With the increasing focus on reducing the rate of environmental degradation, manufacturers are coming up with more-efficient pumps, which adhere to the vehicular emission norms of governments worldwide. The automotive fuel transfer pumps market growth will therefore be driven by the technological advancements in these engine components and changing consumer preference for a higher vehicle fuel efficiency. During the forecast period of 2016–2022,a 4.7% CAGR will propel the global market revenue from $49,052.6 million in 2015 to a considerable value in 2022. Automobile manufacturers are integrating t