Global Automotive Head-up Display Market will cross USD XX Million Mark by 2022:
Automotive chips find tremendous application in modern vehicles. They are used in a variety of electronic systems, which include powertrain, telematics and infotainment, chassis and safety systems, powertrain, etc. Market Research Future (MRFR) projects that the global automotive chip market is set to witness 12.8% CAGR between 2018 and 2023. The market is expected to surpass a valuation of USD 72,400 Mn towards the end of the assessment period.
The increasing safety regulations levied by the governments have projected the adoption of tire pressure monitoring system (TPMS) paving the way for an increased revenue generation from the market. A recently published report by Market Research Future (MRFR) asserted that the global market for tire pressure monitoring system (TPMS) is expected to expand at a CAGR of 7% over the forecast period ranging from 2017 to 2023. The safety measures incorporated under the New Car Assessment Program (NCAP) is anticipated to be the key force behind the market growth. The application of TPMS into automotive alerts the driver about pressure range in tires and consequently, curtails the risk of accidents. The statistical observations published by Association for Safe International Road Travel (ASIRT) revealed that almost 1.3 million people die in road accidents every day with an approximate disability or injury of 20-50 million people. Accident is a major factor responsible for several deaths across the globe which is directing the governments to frame stringent safety regulations. The government steps are undertaken to lessen the accident rates is projected to steer development in the market for TPMS. The adoption of TPMS can improve the life of the vehicles by surging fuel efficiency, improved mileage, increased tire life, decreased braking distance, etc. which are supporting the market expansion and growth. Other forces responsible for the TPMS market growth include the booming vehicle sector, increasing demand for luxury vehicles, rise in disposable income, etc. While, technical glitches owing to battery or sensors are estimated to limit the market growth over the forecast period.
Market Research Future published a raw research report on Global Automotive Air Suspension System market that contains the information from 2017 to 2023. Automotive Air Suspension System market is expected to grow with the CAGR of approximately 7.56% from 2017 to 2023.
The escalation in demand for battery-based electric vehicles due to environmental pollution measures is expected to strengthen the global e-scooter market. Reports that explore the automobile industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is predicted to gain considerable momentum in the forecast period.
Packaged Water Treatment System Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2023. Packaged Water Treatment System Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.
Market Research Future (MRFR) in its The global grinding machinery market is expected to touch nearly USD 7 billion and thrive at a CAGR of about 5% by 2025.
Actuators Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2025. Actuators Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2025.