The report “Electronic Logging Device Market by Component (Display, Telematics unit), Form factor (Embedded, Integrated), New & Aftermarket Service (Entry Level, Intermediate, High-End), Vehicle Type (Truck, Bus, LCV), and Region – Global Forecast to 2025″, The Electronic Logging Device Market is estimated to be USD 12.5 billion in 2018 and is projected to reach USD 16.6 billion by 2025, at a CAGR of 4.13%. A growing need for operational efficiency in fleet-owning organizations will play a crucial role in the electronic logging device market. In addition to that, upcoming as well as existing mandates related to electronic logging devices are projected to drive the electronic logging device market.
The report “Body Control Module Market by Functionality (High End & Low End), Component (Hardware & Software), MCU Bit Size (8 bit, 16 bit & 32 bit), Communication Protocol, Power Distribution Component, Vehicle, Electric Vehicle, and Region – Global Forecast to 2027″ The global body control module market is projected to grow at a CAGR of 2.6% to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. The major factors driving the growth of the market are the advent of body control functions in the vehicle and increasing sales of luxury vehicle.
The global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. The base year for the report is 2020, and the forecast period is from 2021 to 2025. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry focuses on efficiency, emission-free propulsion, and innovative technologies. The increasing adoption of electric vehicles and improved charging infrastructure (in terms of network, charging technologies, and capacity) in countries is expected to boost the EV battery market in the coming years.
The Automotive Differential Market size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort features in vehicles the market is expected to recover in the last quarter of 2020. The automotive differential market is estimated to observe a decline post-COVID-19 due to the impact on vehicle production. The increase in demand for light commercial and heavy commercial vehicles, increasing investment in infrastructure post COVID-19 pandemic...
The Automotive Engine Management System Market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for engine management system is primarily driven by stringent emission norms, coupled with increasing vehicle production.
The global Electric Vehicle Charging Station Market size is projected to reach 30,758 thousand units by 2027, from an estimated 2,115 thousand units in 2020, at a CAGR of 46.6%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric Electric vehicles and Electric Vehicle charging station through subsidies & tax rebates have compelled Vehicle Manufacturers to invest into EV which has further increased demand for EV charging stations.
The report “In-vehicle Infotainment Market by Component (Display unit, Control Panel, TCU, HUD), OS (Linux, QNX, MS, Others), Service (Entertainment, Navigation, e-call, Diagnostics), Connectivity, Form, Location, Vehicle Type, Region – Global Forecast to 2027″ The global in-vehicle infotainment market is projected to reach USD 54.8 billion by 2027 from an estimated USD 24.3 billion in 2019, at a CAGR of 10.7% The growth of the global in-vehicle infotainment market is influenced by factors such as increasing demand for luxury, comfort, and convenience, coupled with the government initiatives for the safety and security of the passengers. Therefore, the in-vehicle infotainment market is expected to witness significant growth in the future.
The report “Garage Equipment Market by Type (OEM, Independent), Application (Body Shop, Diagnostic & Testing, Emission, Lifting, Wheel & Tire, Washing), Installation (Mobile, Fixed), Function (Mechanical, Electronic), Vehicle, and Region – Global Forecast to 2027″ The global garage equipment market is projected to grow from USD 6.1 billion in 2019 to USD 10.7 billion by 2027, at a CAGR of 7.4%. The growth of the garage equipment market is driven by the rising number of on-road vehicles, sales of electric vehicles, installation of advanced features in vehicles, and high implementation of connectivity services.
The report "Sliding Bearing Market by Railway (Locomotive, Wagon, Coach, DMU, EMU, Light Rail, Metro & High-Speed), Type (Thrust, Radial, Angular Contact & Linear), Application (Engine, Brake, Bogie, Interior & Exterior), Material & Region - Global Forecast to 2027" The Sliding Bearing Market is projected to grow at a CAGR of 6.4% during the forecast period, to reach a market size of USD 1,531 million by 2027 from USD 934 million in 2019. Increasing demand for higher efficiency, and reliability, rising metros, light rail and high-speed trains demand, and growing investments in railway projected globally are expected to fuel the sliding bearing market.
The report “Integrated Traffic Systems Market by Function (traffic monitoring, traffic control, information Provision), Sensors, Hardware Type (display boards, sensors, radars, interface boards, surveillance cameras), and Region – Global Forecast to 2025″ The global integrated traffic systems market is projected to grow from USD 22.7 billion in 2019 to USD 37.5 billion by 2025, at a CAGR of 8.7%. Increasing urbanization across the globe is estimated to drive the integrated traffic systems market