As per a detailed analysis by Market Research Future (MRFR), the global automotive differential system market is likely to garner a CAGR of 5% during the forecast period (2018-2023). The surging demand for heavy duty & commercial vehicles is anticipated to drive the market across the globe. The automotive differential system is considered a vital component of an automobile which is generally used to transfer the required amount of torque to the wheels at different interval of time as per the specific requirements. The system comprises either of pinion gears, spider gears, or ring gears, and are arranged in the form of planetary gears and sun. The arrangement is required to offer the specified speed to wheels at the time of turning...
The global ride sharing market is predicted to register a significant growth at a remarkable 10% CAGR over the forecast period (2018-2023). Ride sharing is a means of transportation where multiple people utilize the same vehicle, truck or van to reach a similar destination. This can include sharing taxis and carpooling too. Ride sharing has indeed emerged as a powerful, smart and clean tool for dealing with urbanization’s fallouts and the creation of megacities. Smartphones, global positioning system (GPS) and faster network speed have transformed the worldwide ride-sharing industry that has enabled users in booking a ride as and when they need and knowing the vehicle’s exact location. This has indeed improved the passenger’s safety.
Geographically, the in-car infotainment market spans across Europe, North America, Asia Pacific
Electric vehicle thermal management system market Research Report – Global forecast till 2025
Automotive Diagnostic Scan Tools Market Size To Expand at a Notable CAGR Of 6% During 2018 – 2023. Automotive Diagnostic Scan Tools Market Research Report: Information by, By equipment Type (Wheel alignment tester, Vehicle emission test system & others), By product type (diagnostic equipment hardware, Diagnostic software), Vehicle Type & Region – Global Forecast till 2023
The Global Automotive Electronic Brake System Market is expected to witness ~5.4% CAGR during the period, 2018 to 2023. Global Automotive Electronic Brake System Market Research Report: By Technology (Brake Assistance, Autonomous Emergency Braking, Electronic Stability Control, Anti-lock Braking Systems), Component, Vehicle Type, Sales Channel, Region – Forecast Till 2023
Autonomous Vehicle ECU Market is predicted to grow at progressive CAGR by 2023. The electronic control unit (ECU) is the embedded system that controls various automated functions such as engine management, transmission control, body control and infotainment system of a semi-autonomous vehicle and fully operated automated vehicles. Autonomous vehicle ECUs are widely used across various automobile segments such as light commercial vehicles, heavy commercial vehicle, and passenger cars. The demand for automotive safety systems and the growing inclination toward convenient and comfortable systems in vehicles have propelled the growth of the global autonomous vehicle ECU market. Vehicle OEMs are developing different innovative technologies...
Used Vehicle are the types of vehicle available for resale purpose. The used vehicle is sold through various outlets, such as car dealers, franchise, rental car companies, and private party sales. The growing internet-based marketing, increasing industrial and manufacturing activities from developed and developing countries, and rising per capita income, are expected to drive the used vehicle market. Additionally, the stringent vehicular emissions regulations and the growing demand for car subscription services, add to the growth of this market.
Global Automotive Over-The-Air (OTA) Updates Market is expected to witness 15% CAGR during the period, 2018 to 2025.
Golf Cart Market Size To Expand at a Notable CAGR Of 6.9% During 2018 – 2023 :MARKET RESEARCH FUTURE