5 Key Insights on Automotive Whiplash Protection System (WPS) Market through 2022

Whiplash Protection System- Fact.MR

Dublin 2, Ireland, 13 Oct 2017: Whiplash has become a very common injury that occurs to the neck and head due to the sudden acceleration and deceleration force, especially in the vehicle. Hence, increasing number of vehicles are implementing whiplash protection system in their car models to offer better safety. Manufacturers are developing anti-whiplash seats for the cars to minimize neck injury owing to the rapid movement. Key market players are also integrating sensing systems in the WPS to offer more protection and minimize the impact. These sensing systems are being developed in such a way that it can sense collision and severity of the impact and provide support at a very initial stage, minimizing the possibility of an injury. Seat backrest is also being equipped with Same Side Impact Protection System (SIPS). Manufacturers are also increasingly focusing on the design of anti-whiplash seats due to various heights, postures, and positions of occupants.

According to the latest report by Fact.MR, the global automotive Whiplash Protection System (WPS) marketis expected to witness robust growth. The market is estimated to register 6.9% CAGR during the forecast period 2017-2022. Owing to the rise in accidents resulting in the injuries in the neck and head is driving the demand for whiplash protection system in the vehicle. Moreover, manufacturers are also introducing new system including innovative technology. Following insights show how the global automotive whiplash protection system market will perform in the coming years.

5 Forecast Highlights on Global Automotive Whiplash Protection System (WPS) Market

North America is expected to remain dominant in the global automotive Whiplash Protection System (WPS) market. By the end of 2022, North America automotive WPS market is estimated to surpass US$ 700 million. Owing to the government introducing regulations and safety standards for the automotive industry, hence, majority of manufacturers are implementing safety systems in vehicles. This is driving the automotive WPS market in North America.

Europe is expected to emerge as the second most lucrative market. Recent advances in the vehicle safety rating system in the region is contributing to the growth of the automotive WPS market in Europe.

Reactive head restraints-RHR system is expected to the most preferred automotive whiplash protection system. By the end of 2022, reactive head restraints system is estimated to reach nearly US$ 600 million revenue. Meanwhile, pendulum system is also expected to show impressive growth during the forecast period.

Sales of the automotive whiplash protection system is expected to be highest through OEM. Accounting for more than three-fourth of the revenue share by the end of 2017, OEM as a sales channel is estimated to create an incremental opportunity of more than US$ 500 million between 2017 and 2022.

Compared to the various type of vehicles, compact passenger cars are expected to be the largest users of the automotive whiplash protection system. Compact passenger cars are estimated to surpass US$ 700 million by the end of 2022.

 

Market Player:

The report offers detailed profile of the leading players in the global market for automotive whiplash protection system (WPS), which will be active through 2022. These include companies such as Takata Corporation, Autoliv Inc., Robert Bosch GMBHm, Continental AG, Delphi Automotive Plc, Hyundai Mobis Co., Ltd, ZF Friedrichshafen AG, Lear Corporation, Ningbo Joyson Electronic Corp., and GRAMMER AG.

 

 About Fact.MR:

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

 

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Global Magnets and Magnetic Materials Market has been increasing at an average rate of 7.8%

The global market for magnets and magnetic materials reached $32.2 billion in 2016. The market should reach $34.9 billion in 2017 and $51.7 billion by 2022, increasing at a compound annual growth rate (CAGR) of 8.2% from 2017 through 2022.

Report Includes

-An overview of the global market for magnets and their materials, along with emerging technologies and potential business opportunities in the future.

-Analyses of global market trends, with data from 2016, estimates for 2017, and projections of CAGRs through 2022.

-An overview of the chemistry and physics of magnets, and the processes to produce magnet products, and specific applications for magnet materials.

-Insight into the major end-use markets, such as instrumentation and other electronics, appliances and consumer electronics, industrial, and automotive.

-Information pertaining to the market’s dynamics, including drivers, restraints, and potential opportunities.

-Profiles of major players in the field.

The global market for magnets and magnetic materials has been increasing at an average rate of 7.8%, due to the demands from the intermediate as well as end-user industries. To assess the market, magnets and permanent magnets have been divided into four major types: alnico, neodymium, Samarium-cobalt and ferrite/ceramic. Soft magnets have been divided into three types: electrical steel, soft ferrite and other alloys.

Alnico magnets are alloys, with aluminum (Al), nickel (Ni) and cobalt (Co) present in large amounts. These magnets primarily find their applications in instruments and meters, generators and ignition systems.

Neodymium or neodymium-iron-boron magnets belong to the rare earth family of magnets (due to the presence of rare earth elements in these magnets such as neodymium and dysprosium). These magnets are considered the strongest magnets available in the world. Neodymium magnets primarily find their applications in electronic motors; generators; medical devices; sonic equipment, magnetic sensors, transducers, meters and instruments; consumer electronics (cell phones, disk drives, and home appliances); and others.

Samarium-cobalt magnets also belong to the rare earth family of magnets in which samarium and cobalt are the main elements. These magnets possess high magnetic properties, and the ability to operate under very high temperatures. These magnets primarily find their applications in industries such as automobile, marine, medical, and aerospace and defense.

Ferrite magnets are also known as ceramic magnets. These magnets consist of iron oxide in addition to either barium carbonate or strontium as raw materials. These magnets primarily find their applications in sonic equipment, motors, magnetic separators and couplings, and other industrial purposes.

The steel segment, which consists of electrical steel, cold-rolled lamination steel, and amorphous steel, has the largest market shares.

For any application at high frequency, soft ferrites are used since they are ceramic insulators with a minimal loss of eddy current. These materials are ferrimagnetic, with a cubic crystal structure and the general composition would be MO.Fe2O3, where M is a transition metal such as nickel, manganese or zinc.


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4 Key Projections on Automotive Actuators for Forecast Period 2017-2022

Automotive Actuators market- Fact.MR

Dublin 2, Ireland, Oct 11, 2017- Converting source energy into motion, actuators in the automotive industry have been in a use for a long time. However, with technological advancements, automotive actuators are also being upgraded. Automotive manufacturers are also moving towards using electromechanical actuators due to the various benefits offered such as increased and consistent performance, low energy consumption and cost saving. Automotive actuator manufacturers are also developing actuators for next-gen by building a compact design that provides lightweight and low power consumption. There has also been an increase in the use of flap actuators in a Heating, Ventilation, and Air Conditioning (HVAC) system in cars. Meanwhile, smart automotive actuators are also gaining popularity, these actuators use microcontrollers to perform various tasks based on customer requirements. These smart actuators also offer reliability, fuel efficiency, etc. Engine downsizing and emission regulations are also driving the demand for actuators by automotive manufacturers with advanced technologies and smart control system.

According to the report compiled by Fact.MR, the global automotive actuators market is likely to witness robust growth. The market is estimated to register 6.1% CAGR during the forecast period, 2017-2022. Owing to the better performance, consistency, and saving energy, actuators in the automotive industry are gaining a lot of traction. With increasing use in cars, manufacturers are also providing a new and improved form of actuators, thereby eliminating fluid leaks and improving energy efficiency. Mini electric actuators are also being used in automotive sensor system and advanced driver assistance system.

4 Forecast Highlights on Global Automotive Actuators Market

Asia-Pacific Excluding Japan (APEJ) is likely to emerge as the dominating market in the global automotive actuators market. Witnessing a robust growth, APEJ is estimated to exceed US$ 7,300 million revenue by the end of 2022. Stringent regulations on emission and fuel consumption in the automobile industry in various countries in APEJ are driving the growth of automotive actuators in the region. Meanwhile, Japan is also moving towards becoming a hub for automotive component manufacturing.

Europe and North America are also likely to emerge as the lucrative markets for automotive actuators. Owing to the rising environmental concerns and the fast adoption of innovative technologies are some of the factors contributing to the growth of automotive actuators in Europe and North America.

The waste-gate actuator is likely to be one of the most lucrative products in the global automotive actuators market. By the end of 2022, waste-gate actuators are estimated to surpass US$ 3,300 million revenue. Meanwhile, power seat actuators are also anticipated to witness steady growth during the forecast period.

Compact passenger cars are expected to be the largest users of the automotive actuators. Witnessing the strong growth during 2017-2022, compact passenger cars are estimated to create an incremental opportunity of more than US$ 1,300 million between 2017 and 2022. Although, mid-sized passenger cars are also expected to witness steady growth during the forecast period.

The report has also profiled leading players in the global market for automotive actuators, which will remain active through 2022. These include companies such as Continental AG, Robert Bosch GmbH, Mahle Group, Denso Corporation, Mitsubishi Heavy Industries Ltd, Delphi Automotive PLC, Hitachi Ltd, Johnson Electric Holdings Limited, and Nidec Corporation.

 

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

 

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6 Key Insights on Automotive Rear Spoiler Market for Forecast Period 2017-2022

Automotive Rear Spoiler Market- Factmr

Dublin 2, Ireland, Oct 9, 2017- The spoiler is mostly used in sports or high-performance cars, however, they have become common in passenger vehicles. Not only for styling purpose, spoilers are used for reducing drag, thereby offering better performance. Both front and rear spoilers serve their purpose, front spoilers direct the airflow away, whereas rear spoilers minimize turbulence at the rear of the car.  Automotive rear spoiler manufacturers are using various lightweight materials in order to develop the spoiler. Most of the manufacturers have starter using silicon and carbon materials as silicon as a material consist high thermal characteristics and offer longer life to the product. Meanwhile, carbon is lightweight and durable, however, is expensive compared to other materials. Regulations on emissions in various countries are also encouraging the use of carbon fiber as a material for the spoiler but due to the cost parameter it is limited to the luxury cars. Owing to the innovative technologies, manufacturers are focusing on developing active aerodynamics that works and operates when the air blows inside the wings allowing the rapid movement.

 

According to the report by Fact.MR, the global automotive rear spoiler market is expected to witness robust growth. The market is estimated to register 6.9% CAGR during 2017-2022. Generating down force on the body of the car, rear spoiler decreases the amount of air going under the vehicle thereby reducing lift and drag coefficient. Manufacturers are using various materials to develop spoiler. They have started using silicon polymers, as it provides longer product life. However, spoiler manufacturers are also looking for new lightweight material that can be used to develop automotive spoiler. Following are the insights on how the market will perform in the coming years.

6 Forecast Highlights on Global Automotive Rear Spoiler Market

Europe is likely to remain dominant in the global automotive rear spoiler market. By the end of 2017, Europe automotive rear spoiler market is estimated to account for more than one-fourth of the revenue share on global revenue. Growing market and production of luxury and sports cars is boosting the Europe automotive rear spoiler market.

Asia Pacific Excluding Japan (APEJ) is likely to witness strong growth during the forecast period. APEJ automotive rear spoiler market is estimated to reach close to US$ 900 million revenue by the end of 2022. Rising vehicle production and increasing installation of spoiler in the MVPs, SUVs, and hatchbacks are some of the factors fueling the growth of the automotive rear spoiler market in APEJ.

Fiberglass is likely to emerge as one of the most preferred materials for the automotive rear spoiler. Fiberglass is estimated to account for nearly one-third of the revenue share by the end of 2017. Meanwhile, carbon fiber will also witness strong growth during the forecast period.

Sales of the automotive rear spoiler is likely to be highest through Aftermarket. By the end of 2022, the aftermarket is estimated to reach nearly US$ 2,800 million revenue.

Mid-sized passenger cars are likely to dominate the global automotive rear spoiler market. By the end of 2022, mid-sized passenger cars are estimated to reach close to US$ 900 million revenue.

Injection molding technology is likely to be the largest used technology in the automotive rear spoiler market. Accounting for nearly two-fifth of the revenue share by the end of 2017, injection molding is estimated to create an incremental opportunity of more than US$ 300 million during 2017-2022.

The report also provides a detailed profile of some of the leading players in the global market for automotive rear spoiler, which will remain active through 2022. These include companies such as Magna International, Inc., Plastic Omnium SA, SMP Deutschland GmbH, POLYTEC Holding AG, SRG Global, Rehau Limited, and Albar Industries Inc.

 

Market Player:

The report also profiles companies that are expected to remain active in the expansion of global automotive rear spoiler market through 2022, which include Plastic Omnium SA, Magna International, Inc., POLYTEC Holding AG, SMP Deutschland GmbH, Albar Industries Inc., Rehau Limited, and SRG Global.

 

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

 

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Automotive Fuel Filter Market: OEMs Remain the Most Lucrative Sales Channel Globally

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Dublin 2, Ireland, 10 Oct 2017: Increasing demand for performance efficiency is projected to fuel adoption of fuel filter in the automotive industry. Moreover, growing need to replace the clogged fuel filters is projected to impact the global market growth of fuel filter significantly. Fact.MR projects the global automotive fuel filter market to reflect a CAGR of 5.8% over the forecast period, 2017-2022.

 

Factors Fuelling Growth of the Global Market:

Growth of the global market of automotive fuel filter is bound by several macro-economic, and micro-economic factors. With increasing need to safeguard the fuel lines in a vehicle, adoption of fuel filters is likely to increase among the manufacturers. Accumulation of contamination, dust, dirt, and dander leads to blocked filters and injectors, which obstructs the functioning of the vehicles. Accumulating pollutants further seal the fuel filters, due to which additional pressure is exerted by the pump in order to supply sufficient fuel for combustion. Inadequate combustion due to insufficient supply further leads to harmful emission in the vehicle. Clogged filters further continues to damage the other components of the engine. Bound to these factors, demand for automotive fuel filter continue to increase among the automotive manufacturers globally.

Major market players are increasingly concentrating on launching advanced technology for the fuel filters that extends the interval of replacements. In addition, several leading suppliers are concentrating on developing gasoline direct injection integrated with enhanced technology, which lowers the production of CO2 and improves fuel economy of the vehicles. Demand for fuel filters integrated with enhanced technology in the transport, agriculture, and healthcare industry will continue to increase in the global market.

Adoption of fuel filters will also continue to increase attributed to growing need for replacement of a clogged fuel filter in the vehicles. Clogged filters can obstruct the functioning of the engine, which further lowers the performance of the vehicle. As focus on fuel efficiency gains traction, manufacturers are likely to incorporate advanced filters. This is likely to create new growth avenues for the automotive fuel filter industry.

 

OEM Continues to Remain an Attractive Sales Channel:

With increasing demand for fuel efficiency, adoption of diesel filters are expected to increase in the automotive industry. Diesel filter is predicted to sell more than the gasoline filters in the global market. Demand for diesel filters is likely to surpass US$ 400 Mn by 2022-end. On the other hand, the gasoline filters will continue to witness fastest growth in the global market through 2022.

By sales channel, the OEM segment will continue to generate significant revenues, recording more than US$ 230 Mn by 2017-end. The OEM sales channel segment is projected to reflect a relatively high CAGR in the global automotive fuel filter market through 2022.

On the basis of filter media, the cellulose filter media segment will continue to witness the fastest growth.

Adoption of fuel filters will be high in compact cars as compared to other passenger cars. The compact passenger car vehicle type segment will continue to represent a relatively high growth in terms of revenue, recording more than US$ 120 Mn by 2017-end.

Market Players:

Major players in the global market of automotive fuel filter are Robert Bosch GmbH, Donaldson Company Inc., Denso Corporation, Mahle Group, K&N Engineering, Sogefi SpA, Cummins Inc., Champion Laboratories Inc., Freudenberg & Co KG, FRAM Group IP LLC, Mann + Hummel GmbH, UFI Filters Spa, and Hengst SE & Co KG.

 

About Fact.MR:

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

 

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5 Key Projections on Automotive Oil Filter Market for Forecast Period 2017-2022

 

Dublin 2, Ireland, Oct 9, 2017– Automotive oil filters help to remove contaminants from the oil. Oil filter in an internal combustion engine in vehicle helps to eliminate wear particles, transfers heat to cool the engine, and lubricates internal parts. With the increase in a number of vehicles manufactured, the demand for the automotive oil filter is also rising. Hence, manufacturers are working on improving the filter design and technology to ensure it works with increased engine power. Manufacturers of automotive oil engine are also focusing on developing filters, eliminating the need to change the oil filter for a long time. Automakers are also moving towards constructing replaceable element filter, leading to minimizing waste with each filter change. Better filter efficiency is also one of the vital focus areas for manufacturers. They are offering improving filter efficiency to hold or capture even the smallest particles, ensuring better engine performance.

According to the report compiled by Fact.MR, the global automotive oil filter market is likely to witness a steady growth, registering 5.4% CAGR during 2017-2022. Owing to the increasing number of cars manufactured globally, the demand for the automotive oil filter is also rising. With new car models and advanced engine, manufacturers of automotive oil filters are also using advanced technology to capture and hold particles, ensuring smooth engine function. Below given insights show how the global market for automotive oil filter will perform in the coming years.

 

5 Forecast Highlights on Global Automotive Oil Filter Market

Europe is expected to remain dominant in the global automotive oil filters market. Europe automotive oil filter market is estimated to exceed US$ 1,000 million value by the end of 2022. Stringent emission norms and rising environmental awareness by the government is one of the factors driving the demand for automotive oil filters in the region.

North America is likely to emerge as the second most dominating market. Due to the rise in new vehicle models, new technologies are being used in automotive oil filters. Moreover, new emission norms are also being imposed by the government which is further contributing to the growth of North America automotive oil filter market.

Sales of automotive oil filters is expected to be highest through IAM. Towards the end of 2022, IAM is likely to surpass US$ 1000 million revenue. Meanwhile, OEM will also account for nearly two-fifth of the revenue share by 2017 end.

The synthetic automotive oil filter is likely to be one of the highly preferred oil filters for vehicles. During 2017-2022, the synthetic filter is projected to create an incremental opportunity of more than US$ 200 million.

Mid-sized passenger cars are likely to emerge as the largest users of the automotive oil filters. Mid-sized passenger cars are projected to bring in nearly US$ 600 million revenue towards 2022 end. Although compact passenger cars will also witness steady growth during the forecast period, 2017-2022.

The report also provides a detailed profile of the various key players in the global automotive oil filter market, to remain active through 2022. These include companies such as FRAM Group IP LLC, Sogefi SpA, Donaldson Company, Inc., Mann+Hummel GmbH, Cummins Inc., Denso Corporation, K & N Engineering Inc., Champion Laboratories, Inc., Hengst SE & Co. KG, Mahle Group, UFI Filters Spa, Freudenberg & Co. KG, and Robert Bosch GmbH.

 

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

 

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Technological Advancement in Automation Industry Drives the Global Self-Driving Car Market

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Global Self-Driving Car Market Report, published by Variant Market Research, forecast that the global market is predictable to attain $20 billion by 2024; growing at a CAGR of 25.7% from 2016 to 2024.

Increase in number of road accidents, rising demand for automation, technological advancement in the ever-increasing automation industry are some of the major factors driving the global self-driving car market. However, lack of proper setup supporting automated cars and risk associated with privacy & security may restrict the market growth. Although, majority of the manufacturers have showed an acute interest in manufacturing, developing & commercializing self-driving cars which will definitely provide growth opportunities for the global self-driving car market in the coming years.

The global self-driving car market is majorly classified into components, and geography. Wherein, the component segment comprises of software, hardware, Lidar, radar, optical cameras, and others. Within the component segment, software component is projected to grip major market share during the forecast period, driven by increasing high-tech improvement in software segment such as advanced driver assistance systems to enhance safety and driving process.

By geography, the market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Among which, North America is predictable to hold the majority share of the market holding about 40%; mounting at the fastest CAGR during the forecast period i.e. 2016-2024, driven by, the early adoption and the existence of key market players in this region such as General Motors, Ford and Tesla. However, Asia Pacific is projected to witness substantial growth rate; being driven by China, Japan, India and South Korea during the forecast period.

The key players of the market are Google Inc., Audi AG, BMW AG, Apple Inc., Toyota Motor Corporation, Volkswagen, Tesla Motors, Inc., Ford Motor Company, Daimler AG, Dutch Automated Vehicle Initiative (DAVI), Volvo Group, Nissan Motor Company, and Baidu Inc., among others.

Scope of Self Driving Cars Market

Component Segments

  • Hardware
  • Software
  • optical cameras
  • Lidar
  • Radar
  • Other

Geographical Segments

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Others
  • RoW
    • South America
    • Middle East
    • Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients’ objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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Artificial Intelligence in Manufacturing Market by 2023

The growth of the AI in manufacturing market is expected to be driven by the growing usage of big data technology and industrial IoT in the manufacturing industry, extensive usage of robotics, increased usage of computer vision technology by manufacturing companies, cross-industry partnerships, and significant increase in venture capital investments in the AI in manufacturing domain. The AI in manufacturing market was valued at USD 272.5 million in 2016 and is expected to reach USD 4,882.9 million by 2023, growing at a CAGR of 52.42% between 2017 and 2023. North America would hold the largest market share for AI in manufacturing and APAC is expected to witness the highest CAGR during the forecast period.

The companies involved in the AI in manufacturing market adopted various strategies for growth between 2014 and 2016 such as product launches, partnerships, agreements, and collaborations. Of all the strategies, 52% of the developments were partnerships, agreements, collaborations, and joint ventures; while 24% were product developments. Mergers and acquisitions, and expansions accounted for 16% and other developments accounted for 8% of the overall strategies.

Software to hold the largest share of the AI in manufacturing market during 2017-2023

The AI software is used to assist the manufacturing plant operator in finding the relevant insights, material movement, predictive maintenance and machinery inspection, production planning, field services, reclamation, and quality control. In recent years, major software vendors such as IBM Corporation (US), Microsoft Corporation (US), and Alphabet Inc. (US) have started offering cognitive applications and cognitive software platforms.

Deep learning technology expected to grow at the highest rate between 2017 and 2023

The deep learning technology, which includes image recognition, signal recognition, and data mining, is expected to witness the highest CAGR during the forecast period. The rapid adoption of robotics in the manufacturing industry, huge volume of data that is generated from the computer vision technology, and big data technology are driving the growth of the AI in manufacturing market for the deep learning technology.

North America to hold a major share of the AI in manufacturing market during the forecast period

North America, which comprises the US, Mexico, and Canada, dominates the overall AI in manufacturing market. The US is a major contributor to the growth of the AI in manufacturing  market in North America. Cross-industry participation in the manufacturing domain along with significant increase in venture capital investment in North America is driving the growth of the AI in manufacturing market. Moreover, the presence of major AI providers such as NVIDIA Corporation (US), IBM Corporation (US), Intel Corporation (US), and Alphabet Inc. (US) is expected to drive the growth of the AI in manufacturing market in this region.

The major players in the AI in manufacturing  market are Siemens AG (Germany), Intel Corporation (US), NVIDIA Corporation (us), Alphabet Inc. (us), IBM Corporation, Microsoft Corporation (US), General Electric Company (US), DataRPM, Sight Machine (US), General Vision, Inc. (US), AIBrain, Inc. (US), Rockwell, Automation Inc. (US), Cisco Systems, Inc. (US), Mitsubishi Electric Corporation (Japan), Oracle Corporation (US), SAP SE (Germany), Preferred Networks, Inc. (Japan), Vicarious Inc. (US), Skymind Inc.(US), Citrine Informatics (US), CloudMinds Technologies (US),  and Ubtech Robotics Corp. (China).

Automotive Air Filters Industry Size to Reach USD 6 Billion by 2020 – Hexa Research

Hexa Research

Automotive Air Filters Market is likely to cross over USD 6 billion by the end of 2020.According to the new research report by Hexa Research, The growing demand of automotive industry, especially in nations like BRIC, with growth in industrialization and increase in disposable income to remain a key driving factor in the global market. Rising consumer awareness regarding health disorders that are caused due to contaminated air the car cabin is also estimated to have a positive influence on industry. Global automotive air filters segment was dominated by Cabin filters which contributed for over 50% of total market revenue in 2013.These product segment are expected to be the fastest growing product segment at an approximate CAGR over 8.5% from 2015 to 2020.Consumers’s focus towards the reducing the bad odor and reducing the health disorders caused by air pollutants inside the vehicles is estimated to increase demand for cabin filters over the forecast period.

Largest application for automotive air filters market was Passengers cars which contributed for around 51.3% of market revenue globally in 2013.With growing passenger’s cars ownerships especially in emerging markets of Brazil, India and China are likely to drive air filter demand in passenger cars. The demand for Automotive air filter is estimated to grow for two wheelers with CAGR for around 8.3% from 2015 to 2020.In 2013, Aftermarket dominated automotive filter demand contributing for total 49.1% of market revenue. Major regional market for Automotive Air filters were Asia Pacific, estimated to grow at the CAGR of around 8.4% from 2015 to 2020.

In 2013, Major Market participants were accounted for around 50% of market revenue. The market had experienced acquisitions and mergers in last few years. The market is about to move towards consolidation in upcoming years. Few leading participants operating in market are Mahle Industries, Mann + Hummel, Cummins and Affnia.

Automotive Sensor Fusion Market Demand for Advanced Driver Assistance Systems

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​The technique of combining data from numerous sensors to calculate accurate position and alignment information to perceive the environment more accurately is called sensor fusion. In an automotive context, it is called automotive sensor fusion. Automotive sensor fusion relies on the correct sensor combination. This software improves accuracy, enhances context awareness, enables gesture detection, and enables auto calibration. Advance driver assistance systems (ADAS) is the outcome of automotive sensor fusion. Automotive suppliers are gazing to use this technology to boost their growth in the fast-growing ADAS and Automotive Sensor Fusion Market.

The automotive sensor fusion has been perceiving substantial growth across the globe, due to increasing demand for advanced driver assistance systems (ADAS), integrated sensors in smartphones, and growing trends of miniaturization in electronics. Moreover, electronic devices such as wearable devices, smartphones, gaming consoles, and smart TVs are the major drivers of the automotive sensor fusion market.

Stringent regulations on vehicle emissions are some of the central factors likely to be the major automotive sensor fusion market driver. However, the high initial cost of deployment and the lack of standardization in memory devices and automotive sensor fusion systems are expected to hinder the market’s growth during the forecast period. The need for commendable driving automation, increasing demand for the Internet of Things (IoT), is expected to create great opportunities for automotive manufacturers the world over. Furthermore, the use of sensors in the design of advanced planes and high-tech aerial drones is likely to expand the growth opportunities for automotive sensor fusion market during the forecast period.

The global automotive sensor fusion market is broadly segmented by sensor type and by sensing parameters, by application, by vehicle type, by industry verticals, and by region. On the basis of sensor type and sensing parameters, the automotive sensor fusion market is further classified into temperature sensors, pressure sensors, position sensors, oxygen sensors, NOx sensors, speed sensors, inertial sensors, and image sensors. Inertial sensors are further classified into accelerometers and gyroscopes. Image sensors are again classified into CMOS and CCD sensors. Others are radar sensors, ultrasonic sensors, rain sensors, relative humidity sensors, proximity sensors, and particulate matter sensors.

Vehicle type is the key factor in segmenting the global market into passenger car, LCV, and HCV vehicles segments. Based on application the market is subdivided into the power train sensors market, the chassis sensors market, the exhaust sensors market, the safety and control sensors market, the body electronics sensors market, and the telematics sensors market. It is also segmented on the basis of geographical regions into Middle East and Africa (MEA), Asia-Pacific (APAC), North America, Europe, and South America.

The market in North America is expected to hold the major share of the global market, primarily due to the developed economies and high adoption of technological advanced systems and stringent regulations on vehicle’s emissions are also responsible for the market’s expected growth during the forecast period. Also, APAC is likely to hold great opportunities for this market during the forecast period due to the massive technological advancements expected to come its way.

The key participants of the automotive sensor fusion market are Robert Bosch GmbH, Continental AG, Allegro Microsystems, Delphi Automotive PLC, Denso Corporation, Infineon Technologies AG, Sensata Technologies Inc., Elmos Semiconductor AG, CTS Corporation, Autoliv Inc., Freescale Semiconductor, Inc., and General Electric Co.

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