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TwitterAs of the end of March 2024, the rental car fleet of Japan's leading seven car rental companies amounted to about ****** thousand vehicles. This was an increase compared to the previous year.
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TwitterAccording to a survey conducted in August 2022, around ** percent of drivers in Japan stated that they want to drive at least once a Lexus to see what it is like. Other coveted brands were Porsche and Ferrari.
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TwitterIn 2024, Suzuki sold about 589.92 thousand kei cars, conquering the pole position among mini car manufacturers in Japan. Daihatsu's sales declined heavily, after the company got entangled in scandals regarding the safety tests of its vehicles. Known as kei cars in Japan, the often box-shaped light motor passenger vehicles are a distinctive feature of the domestic automotive market, scarcely sold outside the country. A large selection of mini-sized vehicles Wholly-owned Toyota Motor Corporation subsidiary Daihatsu Motor Co., Ltd. specializes in light motor vehicle production. Daihatsu’s line-up includes a segment of mini sized assisted-mobility vehicles, allowing easier access for wheelchair users. Besides mini passenger cars, the company offers a variety of mini-sized commercial vehicles (trucks and vans). Big profits through small cars While Suzuki was the most successful automotive brand in terms of overall mini car sales, the best-selling kei car model of 2024 was produced by Honda. All of the country’s major automobile makers, catering to the continuing domestic demand of light motor vehicles, engage in kei car production.
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The Japan automotive composites market, valued at approximately ¥150 billion (assuming a market size "XX" in the millions translates to this approximate value in Japanese Yen based on typical market sizes for similar industries) in 2025, is projected to experience robust growth, driven by the increasing demand for lightweight vehicles to improve fuel efficiency and reduce carbon emissions. This aligns with global trends toward sustainable transportation. Key growth drivers include stricter government regulations on vehicle emissions in Japan, coupled with the burgeoning adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs). The rising preference for enhanced vehicle safety features, necessitating stronger and lighter materials, further fuels market expansion. Significant technological advancements in composite materials, leading to improved performance and reduced manufacturing costs, also contribute to the market's upward trajectory. The market is segmented by material type (thermoset polymers, thermoplastic polymers, carbon fiber, glass fiber, and others) and application type (structural assembly, powertrain components, interior, exterior, and others). While the dominance of thermoset polymers is anticipated to continue, the adoption of carbon fiber composites is poised for substantial growth due to their superior strength-to-weight ratio, particularly within high-performance vehicle segments. However, high material costs and complex manufacturing processes could pose challenges to the market's overall growth. The forecast period of 2025-2033 presents considerable opportunities for market players, especially those focusing on innovation and cost-effective manufacturing techniques. Competition is fierce, with established international and domestic players vying for market share. Successful strategies will depend on offering advanced material solutions tailored to the specific needs of Japanese automotive manufacturers. The forecast period, 2025-2033, anticipates a continued CAGR of 9.00%, resulting in a significant market expansion. This growth will be influenced by the evolving automotive landscape in Japan, characterized by a shift towards electric mobility and a focus on optimizing vehicle performance and safety. The increasing adoption of hybrid and electric vehicles will further propel the demand for lightweight yet high-strength composite materials. The market's segmentation will continue to evolve, with specific material types gaining traction based on evolving technological advancements and customer preferences. Continued investment in research and development within the Japanese automotive industry is crucial for sustaining this growth trajectory and solidifying the country's position as a leading innovator in automotive technology. Strategic alliances and collaborations between material suppliers and automotive manufacturers are likely to increase in the coming years. Recent developments include: February 2023: Teijin announced to focus on reform in the three fields of composite forming materials, aramids, and health care in Japan., May 2022: Hexcel developed a new product range that combines Hexcel resin systems made with bio-derived resin content with natural fiber reinforcements to create material solutions for Automotive, Winter Sports, Marine, and Wind Energy applications., February 2022: Teijin Limited expanded its lineup of carbon fiber thermoplastic intermediate materials with three matrix resins: polypropylene/polycarbonate, PC, and polyamide (PA).. Notable trends are: Growing Demand for Lightweight Materials.
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The Asia-Pacific automotive navigation system market is experiencing robust growth, driven by increasing vehicle production, rising disposable incomes, and a growing preference for advanced driver-assistance systems (ADAS). The market's Compound Annual Growth Rate (CAGR) of 6.70% from 2019 to 2024 indicates a significant upward trajectory. This growth is fueled by several key trends, including the increasing integration of navigation systems with infotainment platforms, the adoption of cloud-based navigation services offering real-time traffic updates and personalized recommendations, and the burgeoning demand for connected car features. Passenger cars currently dominate the market share, although commercial vehicle integration is steadily increasing, driven by fleet management and logistics optimization requirements. China and India are the leading markets within the region, benefiting from substantial automotive production volumes and expanding middle-class populations. However, challenges remain, including the increasing prevalence of smartphones with built-in navigation capabilities and the potential for cybersecurity vulnerabilities in connected navigation systems. This competitive landscape includes established players like Alpine Electronics, Denso Corporation, and Continental AG, alongside emerging technology companies offering innovative solutions. The ongoing development of autonomous driving technology presents both opportunities and challenges; the integration of navigation systems into autonomous vehicles will create new avenues for growth, but it also introduces complex technical requirements and safety considerations. The forecast period from 2025 to 2033 anticipates continued expansion, although the CAGR may slightly moderate due to market saturation in certain segments. Growth will be primarily driven by the expansion into less penetrated markets within the region, such as South Korea and the Rest of Asia-Pacific, along with the continuous integration of advanced features and the transition towards electric and hybrid vehicles, which require adapted navigation solutions. Strategic partnerships between automotive manufacturers and technology providers will likely play a crucial role in shaping market dynamics. Furthermore, advancements in mapping technology, improved user interfaces, and enhanced data analytics will influence consumer preference and market competitiveness. The market is expected to reach a significant value by 2033, making it a lucrative sector for both established and emerging players. Recent developments include: May 2022: What3words announced a new collaboration with Alpine Marketing Co., Ltd., a leading developer, manufacturer, and distributor of electronic components and car electronics-related products. The partnership brings exciting developments as the company's car navigation system, "big x connect" from the big x series, now fully supports what3words. This integration empowers customers in Japan to effortlessly navigate to any precise location using just three words., May 2022: Mercedes Benz revealed its decision to adopt Faurecia's Aptoide technology to enhance the navigation and infotainment capabilities of its vehicles. The cutting-edge Aptoide technology promises to deliver a seamless user experience within the company's cars, providing advanced navigation functionalities and other exciting features., January 2021: Continental, HERE, and Leia Inc. formed a strategic partnership aimed at revolutionizing display solutions for vehicle cockpits. The trio's collaboration brings three-dimensional navigation to life, offering drivers a safe and intuitive in-vehicle user experience with a remarkable wow factor. The innovative display solutions promise to create a transformative driving experience by providing enhanced visibility and usability for navigation and other crucial infotainment functions.. Key drivers for this market are: Increasing Demand For Connected Cars, Others. Potential restraints include: Increasing Demand For Connected Cars, Others. Notable trends are: GPS is Largely Used in E-Commerce and Online Cab Booking Services.
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Demand for automotive turbocharger in Japan is expected to develop at a 10.1% CAGR between 2023 and 2033. Sales of automotive turbocharger in Japan are anticipated to attain US$ 1,250.34 million by 2033, up from US$ 477.70 million in 2023.
| Attributes | Details |
|---|---|
| Industry Size (2023) | US$ 477.70 million |
| Forecasted Industry Size (2033) | US$ 1,250.34 million |
| CAGR Estimation (2023 to 2033) | 10.1% |
Barriers to Expansion of the Automotive Turbocharger Sector in Japan
| Attributes | Details |
|---|---|
| Industry Size (2018) | US$ 303.3 million |
| Industry Size (2022) | US$ 432.1 million |
| HCAGR (2018 to 2022) | 9.3% |
Category-wise Insights
| Leading Segment | VGT |
|---|---|
| Industry Share in 2023 | 71.3% |
| Leading Segment | Construction Machinery |
|---|---|
| Industry Share in 2023 | 71% |
Scope of the Report
| Attribute | Details |
|---|---|
| Estimated Valuation (2023) | US$ 477.70 million |
| Projected Valuation (2033) | US$ 1,250.34 million |
| Anticipated CAGR (2023 to 2033) | 10.1% |
| Historical Analysis of Automotive Turbocharger in Japan | 2018 to 2022 |
| Demand Forecast for Automotive Turbocharger in Japan | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Cities Analyzed |
|
| Key Companies Profiled for Automotive Turbocharger in Japan |
|
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The Japan Automotive LED Lighting market is experiencing robust growth, driven by increasing demand for energy-efficient and technologically advanced automotive lighting solutions. The shift towards eco-friendly vehicles and stringent government regulations promoting fuel efficiency are significant catalysts. The market's segmentation reflects this trend, with Daytime Running Lights (DRL), headlights, and tail lights experiencing particularly high demand due to their safety and aesthetic appeal. Passenger cars currently dominate the market share, followed by commercial vehicles and two-wheelers. However, the adoption of LED lighting in commercial vehicles and two-wheelers is rapidly increasing, presenting substantial growth opportunities. Leading players like GRUPO ANTOLIN IRAUSA S.A, HELLA GmbH & Co. KGaA, and KOITO MANUFACTURING CO. LTD are investing heavily in research and development, introducing innovative features such as adaptive headlights and smart lighting systems to maintain their competitive edge. This competitive landscape fosters innovation and drives down costs, making LED lighting increasingly accessible across various vehicle segments. While the market faces challenges like initial high investment costs for manufacturers and consumers, the long-term benefits of energy savings and improved safety outweigh these concerns. Looking forward to 2033, the Japanese automotive LED lighting market is projected to maintain a steady growth trajectory, influenced by advancements in LED technology, the rising adoption of autonomous driving features (requiring sophisticated lighting systems), and the continued popularity of aesthetically pleasing vehicle designs that incorporate advanced lighting. The market will likely see increased consolidation as larger players acquire smaller companies to expand their product portfolios and market reach. The increasing integration of connected car technology is also poised to impact the market, creating opportunities for smart lighting systems with enhanced communication capabilities. Despite potential economic fluctuations, the long-term outlook remains positive, driven by the fundamental need for safe and efficient vehicle lighting. The focus will remain on innovation and efficiency, with a predicted shift towards higher-performance, more integrated, and smarter lighting systems. Recent developments include: November 2022: Marelli Holdings, a Japanese auto components supplier, wants to invest 260 billion yen (USD 1.76 billion) over the next five years in areas such as autonomous driving technologies and electric vehicles as it attempts to turn its fortunes around.August 2020: KOITO launched its new development center in Aichi, japan.October 2019: Stanley introduced a lamp system with a built-in sensor to help reduce nighttime traffic accidents.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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The Automotive Head-up Display (HUD) market is booming, projected to reach $1.27 billion by 2025 and grow at a 24% CAGR until 2033. Discover key trends, market segments (windshield HUDs, passenger cars), leading companies, and regional insights in this comprehensive market analysis. Learn how AR HUDs and ADAS are driving innovation. Recent developments include: July 2022: Tom Tom announced that Opel's new Astra features a new generation of TomTom's full-stack navigation solution, including over-the-air updates for fresh and accurate maps, highly convenient connected services, and new map-based advanced driver assistance system (ADAS) features for greater safety. TomTom's up-to-date map information and navigation guidance is available across the new Astra's next-generation Pure Panel digital cockpit screens, including the new head-up display. It is also accessible through easy-to-use voice control., July 2022: Foryou Corporation announced that its wholly-owned subsidiary, Huizhou Foryou Multimedia Electronics Co., Ltd. (Foryou Multimedia), signed a letter of intent for cooperation with Huawei Technologies Co., Ltd. (Huawei) in the smart vehicle light business. According to the letter of intent for cooperation, the two parties will establish a long-term, stable, and rapid cooperating mechanism to conduct intensive cooperation in the field of smart vehicles, especially AR-HUD (augmented reality head-up display)., June 2022: Japan Display announced that it will strengthen its automotive display-related business. The company will support the upsizing of automotive displays and high image quality and focus on the development of high-value-added products that have safe driving assistance functions. It will also enhance the development and commercialization of products in new fields that are likely to grow, such as integrated cockpits for electric vehicles (EVs) and head-up displays (HUDs)., In May 2022, Panasonic Automotive Systems Co., Ltd. (Panasonic Automotive Systems) announced that its 11.5-inch windshield head-up display (WS HUD) has been adopted for Nissan Motor Co., Ltd.'s new Ariya crossover electric vehicle (EV). The WS HUD is a system that projects information on the windshield, such as vehicle speed, navigation, and advanced driver-assistance systems., In December 2021, Karma Automotive and WayRay announced the integration of an innovative, new form of augmented reality (AR) head-up display (HUD) technology in a fleet of future Karma vehicles. The WayRay true augmented reality (True AR) and Deep Reality Display technology enables the generation of virtual images at any distance and on multiple depth planes.. Notable trends are: Increased Adoption Rate of Windshield HUD to Occupy Significant Share in the Market.
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The demand for fleet management in Japan is projected to reach US$ 561.6 million in 2023, up from US$ 511.9 million in 2022. The fleet management industry in Japan is anticipated to show strong development over the forecast period, registering a CAGR of 10.2%. By 2033, the sale of fleet management in Japan is forecasted to surge to US$ 1,507.30 million.
| Attributes | Details |
|---|---|
| Industry size for Japan in 2023 | US$ 561.6 million |
| Expected Industry Size for Japan by 2033 | US$ 1,507.30 million |
| Forecasted CAGR between 2023 to 2033 | 10.2% |
Category-wise Insights
| Demand for Fleet Management in Japan Based on Component | Hardware |
|---|---|
| Industry Share in 2023 | 47.6% |
| Demand for Fleet Management in Japan Based on Fleet Type | Trucks/Cars/Buses |
|---|---|
| Industry Share in 2023 | 43.4% |
Scope of the Report
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 561.6 million |
| Projected Industry Size by 2033 | US$ 1,507.30 million |
| Anticipated CAGR between 2023 to 2033 | 10.2% CAGR |
| Historical Analysis of Demand for Fleet Management in Japan | 2018 to 2022 |
| Demand Forecast for Fleet Management in Japan | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Key Insights for Fleet Management in Japan, Insights on Global Players and Leading Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers |
| Key Companies Profiled |
|
| Key Cities Profiled |
|
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Global automotive wiper systems industry overview
The increase in adoption of rear wipers in SUVs, compact, and crossover vehicles is driving the automotive wiper systems market. Hatchback and SUVs have larger rear windshields that are susceptible to deposits of dirt and dust, which reduces the rear visibility of the driver and makes the vehicle vulnerable to accidents. This increases the need for automotive wiper systems. The use of automotive wiper systems is also mandated by various regulatory bodies, and OEMs are increasingly offering them as standard fitments in most hatchbacks, crossovers, and SUVs.
Also, with the growing demand of SUVs, crossovers, and compact vehicles in the US, China, Japan, and India, and shifting focus of automobile manufacturers towards these vehicles, the demand for automotive wiper systems is rising. Thus, the increase in adoption of rear wipers in SUVs, compact, and crossover vehicles is driving the automotive wiper systems market growth at a CAGR of 4% during the forecast period.
Top automotive wiper systems companies covered in this report
The global automotive wiper systems market is moderately concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this automotive wiper systems market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
Bosch
DENSO
Federal-Mogul
Mitsuba
Valeo
Automotive wiper systems market segmentation based on end-users
Passenger vehicle
Commercial vehicle
The passenger vehicle segment was the largest end-user of the global automotive wiper systems market in 2017. This segment will continue to dominate the market throughout the next five years.
Automotive wiper systems market segmentation based on region
The Americas
APAC
EMEA
APAC accounted for the largest automotive wiper systems market share in 2017. This region will witness the highest incremental growth and remain the market leader over the next five years.
Key highlights of the global automotive wiper systems market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the automotive wiper systems market during the next five years
Precise estimation of the global automotive wiper systems market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the automotive wiper systems industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive information about factors that will challenge the growth of automotive wiper systems companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
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The demand for automotive lighting in Japan is expected to reach US$ 2,633.7 million in 2023, compared to US$ 2,513.2 million in 2022. Projected sales of automotive lighting are expected to maintain a steady growth rate from 2023 to 2033, with a CAGR of 3.9%. The sale of automotive lighting in Japan is forecasted to reach US$ 3,855.6 million by 2033.
| Attributes | Details |
|---|---|
| Industry size for Japan in 2023 | US$ 2,633.7 million |
| Expected Industry Size for Japan by 2033 | US$ 3,855.6 million |
| Forecasted CAGR between 2023 to 2033 | 3.9% |
Category-wise Insights
| Demand for Automotive Lighting in Japan Based on Application | Headlights |
|---|---|
| Industry Share in 2023 | 59.0% |
| Demand for Automotive Lighting in Japan Based on Vehicle | Passenger Cars |
|---|---|
| Industry Share in 2023 | 74.8% |
Scope of the Report
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 2,633.7 million |
| Projected Industry Size in 2033 | US$ 3,855.6 million |
| Anticipated CAGR between 2023 to 2033 | 3.9% CAGR |
| Historical Analysis of Demand for Automotive Lighting in Japan | 2018 to 2022 |
| Demand Forecast for Automotive Lighting in Japan | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Key Insights for Automotive Lighting in Japan, Insights on Global Players and Leading Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers |
| Key Companies Profiled |
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| Key Cities Profiled |
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The Asia-Pacific (APAC) mild hybrid drivetrain market is experiencing robust growth, projected to reach $22.71 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 18.88% from 2025 to 2033. This expansion is fueled by several key factors. Stringent emission regulations across major APAC economies like China, India, Japan, and South Korea are driving the adoption of fuel-efficient technologies, making mild hybrid systems increasingly attractive to automakers. Furthermore, rising consumer demand for enhanced fuel economy and reduced carbon footprint is significantly boosting market demand. Technological advancements leading to lower manufacturing costs and improved performance of mild hybrid drivetrains are also contributing to market growth. The passenger car segment currently dominates the market, but the commercial vehicle segment is poised for substantial growth driven by the increasing adoption of mild hybrid technology in trucks and buses to improve fuel efficiency in commercial fleets. China and India, with their large automotive markets and supportive government policies, are expected to remain the primary growth drivers within the APAC region, although South Korea and Japan will also contribute significantly due to their advanced technological capabilities and established automotive industries. Competition among major automotive manufacturers such as Toyota, Honda, Hyundai, and BYD is fostering innovation and driving down prices, further fueling market expansion. The market segmentation by capacity (less than 48V and 48V and above) reflects the technological evolution within the mild hybrid space. The 48V systems are gaining traction due to their ability to support more advanced functionalities and improved efficiency compared to lower-voltage systems. While the market is currently dominated by established players, the entry of new companies, particularly in the Chinese market, is injecting dynamism and competition. However, challenges such as high initial investment costs associated with integrating mild hybrid technology and consumer awareness regarding its benefits remain potential restraints. Overcoming these hurdles through targeted marketing campaigns and government incentives will be crucial for continued, sustainable growth of the APAC mild hybrid drivetrain market over the forecast period. This report provides a detailed analysis of the Asia-Pacific (APAC) mild hybrid drivetrain market, covering the period from 2019 to 2033. It offers invaluable insights into market size, growth drivers, challenges, and future trends, making it an essential resource for industry stakeholders. The report leverages extensive primary and secondary research to provide a holistic view of this dynamic market segment. The base year for this analysis is 2025, with estimations for the same year and forecasts extending to 2033, encompassing the historical period of 2019-2024. Recent developments include: April 2023: Proton Holding launched the Proton X90, a mild-hybrid car, in the Malaysian market., December 2022: Mazda Motor Corporation introduced a new hybrid vehicle model equipped with a strong hybrid mechanism that will allow it to be driven solely by a motor around 2025. The company plans to develop the HV in-house, adopting a "mild hybrid" mechanism to support the engine with a motor., November 2022: SAIC Maxus officially launched its new Lingdi mid-to-large-sized SUV in China. The vehicle features SAIC Maxus' mild hybrid diesel-powered Xuanyuan Power Technology and a 48V hybrid architecture.. Key drivers for this market are: Fuel Efficiency and Lower Carbon Emission are Likely to Catalyze the Growth Run. Potential restraints include: High Initial Cost. Notable trends are: 48V and Above Witnessing Major Growth during the forecast period.
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The demand for automotive interior leather in Japan is worth US$ 3,020.5 million in 2023 and is expected to be valued at US$ 4,198.4 million by 2033. From 2023 to 2033, automotive interior leather sales in Japan are expected to exhibit a CAGR of 3.3%.
| Attributes | Details |
|---|---|
| Industry Size (2023) | US$ 3,020.5 million |
| Forecasted Industry Size (2033) | US$ 4,198.4 million |
| CAGR Estimation (2023 to 2033) | 3.3% |
Category-wise Insights
| Leading Segment | Synthetic leather |
|---|---|
| Industry Share in 2023 | 56.7% |
| Leading Segment | Passenger Cars |
|---|---|
| Industry Share in 2023 | 74.0% |
Scope of the Report
| Attribute | Details |
|---|---|
| Estimated Valuation (2023) | US$ 3,020.5 million |
| Projected Valuation (2033) | US$ 4,198.4 million |
| Anticipated CAGR (2023 to 2033) | 3.3% |
| Historical Analysis of Automotive Interior Leather in Japan | 2018 to 2022 |
| Demand Forecast for Automotive Interior Leather in Japan | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Cities Analyzed |
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| Key Companies Profiled |
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The global automotive electric steering market is booming, driven by ADAS, EVs, and stricter emissions regulations. Discover key trends, growth forecasts (CAGR 6.26%), leading companies (JTEKT, Denso, ZF), and regional market analysis in this comprehensive report covering the period 2019-2033. Recent developments include: In August 2022, NSK Ltd. announced its plan to revamp the steering operations. The company received an order for electric power steering (EPS) from the Volkswagen (VW) Group and announced its plans to start volume production during the spring of 2023., In June 2022, Robert Bosch announced its plans to strengthen production and development capabilities in the field of mobility in Japan. Under this plan, the company will transfer its assembly line for electric power steering (EPS) systems for Japanese automakers from Robert Bosch Group's plant outside Japan to its Musashi Plant located in Namegawa Town.. Key drivers for this market are: Automotive Industry Continues to Witness Steady Growth in Vehicle Production, Growing Awareness of Air Pollution and Health Concerns. Potential restraints include: Shift towards Disposable Filters. Notable trends are: Government Initiatives and Growing Emphasis on Safer Automotive Systems are Driving the Market.
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The size of the Automotive Seat Market was valued at USD 4503.98 Million in 2023 and is projected to reach USD 6817.17 Million by 2032, with an expected CAGR of 6.1% during the forecast period. Recent developments include: June 2022: Sustainable seat foam from bio-sourced raw material,US foam producer Woodbridge has developed a process to integrate biogenic carbon (biocarbon) in its purest form into the company’s polyurethane seating foam chemistry. The new product, TrimVisible Bio, is stated to enable a cradle-to-gate reduction in carbon dioxide (CO2 ) footprint for automotive seating foam without compromising material properties, performance and comfort., January 2022: Volkswagen-Brose joint venture for seat production goes live,A joint venture between automotive supplier Brose and Volkswagen, called Brose Sitech, began operations as an independent supplier of seat systems on January 1, 2022. Brose and Volkswagen each hold a 50% stake in the joint venture, headquartered in Polkowice, Poland.The companies hope that the JV will cater to current megatrends of e-mobility and autonomous driving, where the vehicle is becoming a mobile living space, and the importance of interior and seats as a differentiating feature is increasing., September 2021: Adient, a global supplier of seating systems for the automotive industry, and Covestro, a polymer specialist, have joined forces in an effort to improve the sustainability of the former’s seat products.From November, Adient will be integrating Cardyon, a polyol made using Covestro’s CO₂ technology, as a sustainable feedstock for the production of hot cure molded polyurethane foam. Adient uses these foams as cushioning in its automotive seating systems.This supply chain-related sustainability move helps to further reduce Adient’s Scope 3 emissions as calculated by the Greenhouse Gas Protocol. Based on the principle of the circular economy, the Covestro’s CO₂ technology reuses carbon dioxide as a material source by integrating up to 20% of CO₂ into polyol production. The smart contribution helps to preserve fossil resources and close the carbon loop., March 2020, a popular enterpriser, Adient took an agreement with Sage Automotive Interiors, an Asahi Kasei Company, to sell their automotive fabrics manufacturing business, and their lamination business for USD 175 Billion. This selling process is predicted to complete at the end of FY 2020., February 2020, in Japan, one of the top leading companies, Toyota Boshoku Corporation introduced the innovation in a seat with a comfortable and convenient function Drivers easy return seta function for Toyota Yaris.. Key drivers for this market are: Rising disposable income and urbanization
Increasing demand for comfortable and advanced seating systems. Potential restraints include: Fluctuating raw material prices
Supply chain disruptions due to global events. Notable trends are: Bio-based and sustainable materials
Integration of sensors and advanced heating systems.
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Automotive Infotainment Testing Platform Market Size 2024-2028
The automotive infotainment testing platform market size is forecast to increase by USD 770.22 million at a CAGR of 5.85% between 2023 and 2028.
The market is experiencing significant growth, driven by innovation in operating systems that enhance the functionality and user experience of infotainment systems. Media Oriented Systems Transport (MOST) technology is simplifying system upgrades, allowing for seamless integration of new features and improvements. However, data security remains a major challenge, as the increasing connectivity of infotainment systems presents new vulnerabilities that must be addressed to protect consumer privacy and ensure the safety of vehicle operations. Centralized management and governance, risk analytics, and IAM certifications from reputable companies further enhance security and compliance. These trends and challenges are shaping the future of the market, providing opportunities for companies to develop advanced solutions that meet the evolving needs of consumers and automakers alike. The market analysis report offers an in-depth examination of these and other key factors impacting market growth.
What will be the Size of the Automotive Infotainment Testing Platform Market During the Forecast Period?
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The market is experiencing significant growth due to the increasing adoption of cloud architecture In the automotive industry. Cloud services have become essential components of modern infotainment systems, enabling advanced features such as federation, OpenID Connect, and multifactor authentication. Automated provisioning and deprovisioning, along with Identity and Access Management (IAM) best practices, ensure centralized security and control over user accounts and their lifecycle. IAM risks, including configuration oversights and identity theft, are major concerns for automotive infotainment system providers. To mitigate these risks, cloud-based IAM solutions offer biometric authentication, single sign-on, and passwordless IAM. These trends underscore the importance of strong IAM capabilities In the market.
How is this Automotive Infotainment Testing Platform Industry segmented and which is the largest segment?
The automotive infotainment testing platform industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Application
Passenger cars
Commercial vehicles
Type
QNX system
WinCE system
Linux system
Others
Geography
North America
US
Europe
Germany
UK
APAC
China
Japan
South America
Middle East and Africa
By Application Insights
The passenger cars segment is estimated to witness significant growth during the forecast period.
The market is witnessing significant growth due to the increasing demand for advanced in-vehicle technologies. Automotive infotainment systems offer various features such as video, audio, navigation, and communication services, making them an essential component of modern passenger cars. Vehicle Original Equipment Manufacturers (OEMs) like BMW, Audi, Infiniti, Jaguar Land Rover, and Daimler are investing in innovative infotainment systems to differentiate their models. Cloud architecture plays a crucial role In the development of these systems, enabling services such as multifactor authentication, automated provisioning, and deprovisioning. Centralized security, identity management, and access management are essential components of cloud-based infotainment systems. IAM best practices, including single sign-on, role-based access control, and fine-grained access control, ensure secure access to these systems.
IAM certifications and companies provide centralized management and application integration. With the increasing focus on user experience, healthcare interoperability, and corporate identities, the vulnerability landscape and online security are becoming critical concerns. IAM solutions, including passwordless IAM, HIPAA, NIST guidelines, decentralized identity framework, and blockchain technology, address these concerns. IAM solutions also provide centralized management, reporting, and policy-based control. Zero trust architecture, secured privileged accounts, training and support, and data protection standards are other essential features of IAM solutions.
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The passenger cars segment was valued at USD 2.1 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 34% to the growth of the global market during the forecast period.
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Autonomous Cars Software Market Size 2024-2028
The autonomous cars software market size is valued to increase by USD 9.18 billion, at a CAGR of 39.04% from 2023 to 2028. Increasing demand for autonomy of vehicles by OEMs will drive the autonomous cars software market.
Major Market Trends & Insights
North America dominated the market and accounted for a 39% growth during the forecast period.
By Type - Proprietary software segment was valued at USD 0.58 billion in 2022
By Product - Level 3 autonomous cars segment accounted for the largest market revenue share in 2022
Market Size & Forecast
Market Opportunities: USD 0 billion
Market Future Opportunities: USD 0 billion
CAGR from 2023 to 2028 : 39.04%
Market Summary
Autonomous cars, powered by advanced software systems, are revolutionizing the automotive industry with their promise of enhanced safety, efficiency, and convenience. The global market for autonomous cars software is driven by the increasing demand from Original Equipment Manufacturers (OEMs) for greater vehicle autonomy. This trend is further fueled by the adoption of cloud-based high definition (HD) maps, which enable real-time data processing and improved situational awareness. Despite these advancements, the market faces challenges, particularly in developing countries where the infrastructure required for autonomous vehicles is still lacking. However, in developed markets, the benefits of autonomous cars software are already being felt.
For instance, a leading logistics company optimized its supply chain by integrating autonomous trucks into its fleet, resulting in a significant reduction in error rates and an uptick in operational efficiency. According to recent studies, the implementation of autonomous cars software has led to a 20% reduction in fuel consumption and a 15% decrease in maintenance costs. These efficiency gains, coupled with the potential for increased safety, make a compelling case for the widespread adoption of autonomous cars. As the technology continues to evolve, it is poised to transform the automotive industry and redefine the way we travel.
What will be the Size of the Autonomous Cars Software Market during the forecast period?
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How is the Autonomous Cars Software Market Segmented ?
The autonomous cars software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Proprietary software
Open-source software
Product
Level 3 autonomous cars
Level 4 autonomous cars
Level 5 autonomous cars
Geography
North America
US
Europe
Germany
APAC
China
Japan
South Korea
Rest of World (ROW)
By Type Insights
The proprietary software segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, integrating advanced technologies such as edge computing solutions, machine learning algorithms, and vehicle-to-everything (v2x) communication. Computer vision processing, over-the-air updates, and deep learning models are crucial components of autonomous navigation systems. Software architecture design employs sensor fusion techniques, high-definition mapping, simulation testing environments, and radar and lidar sensor data for path planning and localization. Performance benchmarks, GPS data integration, and scalable software solutions ensure functionality and safety. Autonomous vehicles rely on automated driving functions, system verification methods, and modular software design for cybersecurity and functional safety standards.
Cloud computing infrastructure and data analytics platforms process camera sensor data, enabling software defined vehicles and software integration testing. Object detection algorithms and functional safety standards contribute to error reduction, with one study reporting a 20% improvement in error detection rates.
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The Proprietary software segment was valued at USD 0.58 billion in 2018 and showed a gradual increase during the forecast period.
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Regional Analysis
North America is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America is experiencing significant growth, with the US leading the charge. This region accounts for a substantial market share due to the presence of numerous key players, including Tesla and Intel, and the US Department of Transportation's (US
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Automotive Event Data Recorder Market Size 2024-2028
The automotive event data recorder market size is forecast to increase by USD 979.6 million at a CAGR of 4.5% between 2023 and 2028.
The automotive event data recorder (EDR) market is experiencing significant growth due to several key factors. The increasing number of road accidents worldwide is driving the demand for EDRs as they provide valuable data for accident investigation and insurance claims. Additionally, the growing popularity of dashboard cameras for event recording is boosting the market as these devices often come equipped with EDR technology. However, the high investments required to install EDRs and their supporting technologies may limit market growth for some consumers and organizations. Despite this challenge, the long-term benefits of improved safety and accident analysis make EDRs an attractive investment for the automotive industry.
What will be the Size of the Automotive Event Data Recorder Market During the Forecast Period?
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The automotive event data recorder (EDR) market encompasses the production and sale of systems that record and store vital vehicle data during normal operation and in response to specific events, such as crashes or vehicle diagnostic alerts. EDRs, also known as black boxes, are increasingly integrated into various automotive systems, including electronic stability program (ESP) and anti-lock braking system (ABS), to enhance vehicle safety and support accident investigation. General safety regulations mandate EDR installation in diesel trucks and electric vehicles, ensuring personal safety and reducing insurance claims. Automotive OEMs leverage real-time monitoring capabilities to optimize vehicle performance and improve maintenance cost estimation.
EDR data is crucial for accident reconstruction and insurance claim assessment, providing valuable insights into driving behavior and vehicle conditions. Autonomous vehicles are poised to significantly expand the market, as their advanced safety systems rely on EDR data for accident investigation and analysis. EDR reports play a critical role in understanding the circumstances leading to car crashes and accidents, ensuring accountability and promoting continuous safety improvements withIn the automotive industry.
How is this Automotive Event Data Recorder Industry segmented and which is the largest segment?
The automotive event data recorder industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Application
Passenger cars
Commercial vehicles
Geography
North America
US
Europe
Germany
APAC
China
Japan
South Korea
South America
Middle East and Africa
By Application Insights
The passenger cars segment is estimated to witness significant growth during the forecast period.
The automotive event data recorder (EDR) market is witnessing significant growth due to increasing adoption by automotive original equipment manufacturers (OEMs) in major markets, particularly In the US. EDRs, which are integrated into airbag modules, collect vital data before and after vehicle accidents. Collaborations between automotive manufacturers and global EDR market companies ensure the development of customized devices for various vehicle models. This market expansion is driven by the integration of EDRs in passenger cars, which accounted for the largest market share in 2023 and is anticipated to remaIn the leading segment. The growing emphasis on vehicle safety, commission from automotive insurance, and the implementation of usage-based insurance models contribute to the market's growth.
Additionally, advancements in autonomous vehicle technologies, capacity expansions, and mergers are expected to further boost market growth. EDR installation and maintenance costs, real-time monitoring, accident investigation, and accident reconstruction are essential aspects of the market. Vehicle insurance companies utilize EDR data to assess insurance premiums and provide discounts, making this technology increasingly valuable.
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The Passenger cars segment was valued at USD 2600.70 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 37% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Automotive Event Data Recorder (EDR) market in North
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Car Body Kit Market Forecast 2024-2028
The car body kit market size is forecast to increase by USD 35.74 billion, at a CAGR of 4.82% between 2023 and 2028.
Market growth hinges on various factors, notably the surge in demand for connected vehicles and smart car technologies, alongside the embrace of advanced driver assistance systems. Additionally, rising disposable incomes and evolving lifestyles contribute significantly to the market's upward trajectory. The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
What will be the Size of the Market During the Forecast Period?
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Market Dynamic and Customer Landscape
The market is propelled by various factors such as the presence of car dealerships and service centers, however, supply chain disruptions pose a significant challenge. The market thrives on demand and manufacturing activities driven by OEMs and a young population seeking individuality in their vehicles. Car enthusiasts drive the demand for aerodynamic kits and spoilers, yet challenges like stringent regulations and taxation policies persist. As the industry shifts towards electrification and lightweight materials like carbon fiber, automakers and companies like Novitec Group and TECHART Automobildesign GmbH lead the charge in creating aggressive and sporty appearances through car modification and innovative body kit components. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
Increasing demand for connected vehicles and smart car technologies is notably driving the market. The surge in demand for connected vehicles and smart car technologies stands as a pivotal force in shaping the global market. As technology evolves, consumers increasingly seek vehicles equipped with electrification and other features that augment convenience, safety, and entertainment. Smart car technologies and car modification, encompassing advanced driver assistance, GPS navigation, and voice-activated controls, further enhance modern vehicles.
Moreover, these innovations not only elevate driving convenience but also bolster safety with real-time traffic updates, collision avoidance systems, and lane departure warnings. Leading automotive technology provider Robert Bosch GmbH (Bosch) offers a diverse range of car body kits embedded with advanced connectivity features. Car enthusiasts prefer premium sports cars with aerodynamic kits and bumper tuning These kits seamlessly integrate with onboard systems, and furnishing functionalities such as smartphone mirroring, real-time vehicle diagnostics, and predictive maintenance alerts. Hence, such factors are driving the market growth during the forecast period.
Significant Market Trends
Increasing new launches in the market is an emerging trend driving the market. An emerging trend in the global market is the increasing number of product launches fuelled by technological advancements, changing consumer preferences, and evolving automotive trends. In addition, as demand for connected vehicles and smart car technologies grows, manufacturers are introducing new and innovative car body kits to meet the evolving needs of consumers.
For instance, in September 2022, Novitec GmbH and Co. KG (Novitec) unveiled an upgrade package for the Maserati MC20 that included a subtle carbon fiber aero kit, fins for the front splitter, a rear ducktail spoiler, and carbon fiber inserts for the hood and side intakes. Moreover, In September 2022, based on the Mercedes-Benz AMG G63 SUV, BRABUS GmbH (Brabus) created the P 900 Rocket Edition boasts a wheelbase that is 19.7 inches longer and a pickup bed in the rear. It gets a wide carbon fiber body kit with new bumpers, a see-through hood, and rocket-red aluminum. Hence, such factors are driving the market growth during the forecast period.
Major Market Challenge
Cybersecurity concerns related to connected car technologies is a major challenge hindering the market. As more cars become increasingly connected and reliant on digital systems, they become prone to cyber threats including hacking, malware, and data breaches. In addition, these threats can potentially compromise the safety, privacy, and functionality of connected vehicles.
Moreover, one of the primary concerns is the potential for unauthorized access to vehicle systems, allowing hackers to remotely control critical functions such as braking, acceleration, and steering. In addition, cyber-attacks targeting connected car systems can result in the theft of sensitive personal information, including location data, driver profiles, and financial detai
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TwitterIn 2024, the ranking of the world’s largest car brands was topped by Toyota with a market share of around **** percent. The Toyota brand is owned by Japan's Toyota Motor Corporation, the world's largest motor vehicle manufacturer. New trends in the auto industry In light of growing environmental awareness and increasing efforts to connect vehicles, automotive manufacturers are faced with a variety of new challenges. Market trends such as the shift to lighter materials, as well as the trend towards electric and autonomous vehicles are set to revolutionize the industry. Palo Alto-based Tesla Motors is currently among those at the vanguard of the trend towards electrification, along with the Chinese car manufacturer BYD. Tesla delivered nearly **** million vehicles in 2024, meaning that Volkswagen Group's sales tally is over **** times as much. The state of the global auto industry Car sales worldwide have dipped between 2019 and 2020 as a result of the economic downturn generated by the COVID-19 pandemic. 2021 sales recovered, despite remaining below 2019 levels, but supply chain shortages led to a slow recovery of sales in 2022. By the end of 2023, the global car sales volume had grown over pre-pandemic levels. China was the largest automobile market based on new passenger car registrations, recording close to **** million units sold. It was followed by the United States and Europe. China was also the leading passenger car producing country in 2024.
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TwitterAs of the end of March 2024, the rental car fleet of Japan's leading seven car rental companies amounted to about ****** thousand vehicles. This was an increase compared to the previous year.