Automotive Sensor Fusion Market Demand for Advanced Driver Assistance Systems

​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.

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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.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

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Automotive Tie Rod Market Technological breakthroughs By 2024

​Automotive Tie Rod Market is an integral part of the steering mechanism in an automobile. It is a lean structural rod or bar which is used as a tie and is capable of carrying only ductile loads. This tie rod comprises an inner end and an outer end. The rod transmits a force from the rack gear to the steering knuckle, which enables the wheel to turn. The outer end of the tie rod is connected to an adjusting sleeve that enables the length of the tie rod to be highly adjustable and this adjustment is then used to set the alignment angle of the vehicle. Therefore, tie bar ends help to direct the steering of a vehicle, thereby making it possible for the wheel to turn. Tie rods generally exist in pairs on each tire which enables the angling and cornering of the tire without producing too much of torque on the wheel, however deep the turn may be. Tie bars or tie rods are essential to the handling and steering of a vehicle. These rods are not prone to the regular wear and tear like other automotive parts. Instead these tie bar ends only get damaged when the vehicle drives up on curves and encounter road problems or hit potholes that exert their impact behind the tire and to these tie rods.

Automotive Tie Rod Market bars are necessary in a vehicle in order to allow for accurate turning, enhance the handling of the vehicle, create banking in the tire and create deeper turning radii. Tie bar ends are attached to the top and bottom of the tire to keep it secure, thereby allowing for ease of handling and fine changes in the direction. Most modern vehicles use a steering system named rack and pinion that incorporates tie rods in order to help turn the wheels. These rods are attached on both the ends of the steering rack and with the rolling of the pinion over the slotted rack, the tie rods assist in pushing and pulling the front tires when the steering wheel turns. Thus, tie rods provide an integral function to the steering of the vehicle and thus the overall safety of the car. Tie bars could last for long years, but their longevity could be affected by certain driving conditions. Adverse road conditions, minor accidents, and driving obstacles can cause the tie bars to function incorrectly. Therefore, owing to their high usage and importance, it is recommended to have the tie bars inspected at regular intervals.

The global automotive tie rod market can be segmented on the basis of types into heavy duty tie rod ends, precision tie rod ends, steering tie rod ends, and ball joints tie rod ends. In addition, the market can be geographically classified into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is anticipated to emerge as the most lucrative and the fastest growing regional market for automotive tie rods from 2016-2024, owing to the presence of major emerging markets for automobiles such as Japan, China, South Korea, and India.

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The rapidly increasing vehicle production coupled with the upward progression of the automotive industry in these countries, owing to the steady support from governments is set to steadily steer the growth of the automotive tie rod market in Asia Pacific during the forecast period.

Major players in the global automotive tie rod market include Federal-Mogul (U.S.), TRW Automotive (U.S.), ACDelco (U.S.), Ditas (Turkey), Mando Corporation (South Korea), Sankei (Tokyo), KDK Forging (U.S.), Mevotech (Canada), MAS Industries (Canada), FAI Automotive Plc (U.K.) and Crown Automotive (U.S.) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Automotive Relay Connectors Market Trends Forecast By 2024

​Automotive Relay Connectors Market are found in all vehicles, which includes cars, trucks, trailers, and buses. Relay connectors ensure low amperage circuits to power high amperage circuits. Relays enable the switching of multiple things through a single output. For example, switching on and off the car headlamps or the radio in a vehicle. Most automotive relays are single pole double throw (SPDT) or single pole single throw. These relays consume very less current, which is as low as 200 milliamps. In addition, such relays have either normally open contacts or normally closed contacts, operating under a control circuit and handling up to 30 or 40 amps of power. The control circuit has a coil and a load circuit, which has a switch. When power is applied to the coil, a magnetic field is formed, which either closes or opens the switch.

Relays, which can handle high power in controlling electric motors and other loads are called contractors. Solid state relays use semiconductor devices to perform switching instead of controlling power circuits with moving parts. Relays with multiple operating coils and calibrated operating features are used for the protection of electrical circuits from faults and overloads. In advanced electrical power systems, such functions are carried out by digital instruments known as protective relays. Magnetic latching relays use a single pulse of power to move its contacts in one direction and a redirected pulse to move it back. Repetition of pulses from the same input tends to have no effects. Magnetic latching relays find vast application in uninterrupted power source applications, where transitioning the contacts is not required.

The major driving factor for the global automotive relay connectors market is the mandatory government regulations ensuring proper safety and security in automobiles where the usage of relay connectors is meant for safety and security in vehicles. In addition, growth in the automotive sector coupled with increasing production of vehicles across the globe, high disposable income of automobile consumers, and rising investments in automotive relay connector companies is set to bolster the growth of the automotive relay connectors market globally. Moreover, high penetration of automotive relay connector manufacturers in emerging markets of Asia Pacific, Middle East and Africa, and Latin America is another vital reason propelling growth of this market. However, high research and development cost associated with the development of advanced and efficient relay connectors is set to inhibit the market in the short-term.

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The automotive relay connectors market can be classified by relay type, by application type, and by vehicle type. The relay type segment can be classified as plug-in relay and PCB relay. By application type, the market can be segregated as safety and security, driver information, body and chassis, powertrain, and others. The vehicle type segment can be classified into passenger vehicles, heavy commercial vehicles, and light commercial vehicles.

In the automotive relay connectors market, Asia Pacific holds the key market share in terms of revenue followed by North America, Europe, Latin America, and Middle East and Africa (MEA).In the Asia Pacific region, countries such as China and India have been witnessing heavy demand and production of passenger vehicles. This in turn is motivating the growth of the automotive relay connectors market in the region. The market in North America and Europe tends to be a bit saturated but the market is expected to remain stable during the forecast period. By the end of the forecast period, Middle East and Africa, and Latin America are expected to show significant growth, considering the growth in the automotive sector and rising demand for passenger and commercial vehicles in the regions.

The key players in the automotive relay connectors market include ABB Ltd., Daesung Group, American Zettler Inc., Deltrol Controls, Eaton, Denso, Nippon-Aleph, Fujitsu, NEC Corporation, Omron, Panasonic, TE Connectivity, and Salzer Electronics Ltd. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Automotive Energy Harvesting Regeneration Market Germany Propels Europe to the Top Slot

​Recovering energy from the automotive systems is playing an increasingly important role in the development of next generation vehicles. This energy harvesting is being achieved in various different ways and is coupled with different types of power management and storage technologies. The global automotive energy harvesting regeneration market has been segmented on the basis of heat recovery system type and vehicle type. The market has been further segmented by geography broadly into five major regions, namely: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

Global Automotive Energy Harvesting Regeneration Market: Drivers and Restraints

Growing popularity of green manufacturing in the automotive industry coupled with stringent government regulations is driving the growth of the global automotive energy harvesting and regeneration market. Government policies and regulations globally such as The Corporate Average Fuel Economy (CAFÉ) Standards are encouraging the demand for energy efficient vehicles by formulating regulations for reducing petroleum consumption, increasing the availability of alternative fuel vehicles, lowering greenhouse emission and promoting the advancement of innovative technologies and this is offering a potential growth opportunity to the global automotive energy harvesting and regeneration market.

Additionally, organic growth of the global electric vehicle production, owing to increasing environmental awareness, government initiatives and technological innovation, is influencing the growth of the global market positively. Thus, the conjoint effect of all these drivers is projected to strongly bolster the growth of the global automotive energy harvesting regeneration market in the coming years from 2017 – 2025.

Lack of awareness among customers and high initial cost of electric vehicles is posing to be a restraint to the growth of the global automotive energy harvesting regeneration market. However, the original equipment manufacturers (OEMs) in the automotive industry globally are persistently trying to produce such automobiles which are more efficient and light in weight as this would help to improve their fuel efficiency and performance.

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Moreover, government vehicular emission norms are compelling the OEMs to manufacture vehicles which are environment friendly and help to reduce carbon monoxide and nitrogen oxide emissions. These factors are offering substantial growth opportunities to the growth of the automotive energy harvesting and regeneration market, globally. The developing nations of Asia Pacific, Latin America and Middle East and Africa are also offering potential growth opportunities for the expansion of the market in these regions during the forecast period.

Global Automotive Energy Harvesting Regeneration Market: Competitive Landscape

The key players that are operating in the global automotive energy harvesting and regeneration market have been profile in the report competitively and thoroughly across all the five broad regions covered under the scope of the study. The competitive landscape of these market players includes the recent developments in the field of energy harvesting and regeneration and the business strategies adopted by the companies to sustain and compete in the global market. In addition to this, SWOT analysis has been provided in the report of each of these players to identify and further analyze their positioning the market. The report further offers the market attractiveness analysis of the segment, vehicle type for offering an insight about the most lucrative type of vehicle in the current market scenario.

The market dynamics of the global market, which has also been exhaustively analyzed under the purview of the report, is inclusive of the market drivers, restraint and key opportunities. Thus, the global automotive energy harvesting regeneration market report offers an in-depth and through study of the market and provides the revenue forecast of the market for the period of 2017 to 2025.

Some of the major players operating in the global automotive energy harvesting and regeneration market include: Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive PLC (U.K.), Denso Corporation (Japan) and Tenneco Inc. (U.S.), Faurecia SA (France), Gentherm Incorporated (U.S.), ZF Group (Germany), Ricardo PLC (U.K.) and Torotrak PLC (U.K.) among others.

Automotive Starter Motor Alternator Market to Uptake of Passenger Vehicles

​The research study analyzes the automotive starter motor alternator market on global basis and provides estimates in terms of revenue (USD million) from 2015 to 2024. It describes the market dynamics affecting the industry and analyzes their impact through the forecast period. Moreover, it highlights the significant opportunities for market growth in the next eight years.

A starter motor in an automobile is one of the most vital component. It is an electric motor, which ignites the engine to start. It comprise of direct current electric motor and a starter solenoid. The starter motor is powered by the battery of the car and to turn over the engine, it requires very high electric current, which comes from the battery. On the other hand, automotive alternators are components in automobiles, which charges the battery and powers the electrical systems when the engine is running.

Global Automotive Starter Motor Alternator Market: Drivers and Trends

The global automotive starter motor alternator market is fragmented with few medium and large companies. Entry into this market is not restricted as there is no monopoly of business and the market has huge scope and opportunity. However, setting up of manufacturing units for automotive starter motors and alternators require huge capital and resource, which is not feasible for most of the small and medium sized companies. Increasing private equity investments and merger and acquisitions of companies in the automotive sector has been of great influence to the automotive starter motor alternator market.

In addition, application of automotive starter motors and alternators in new segment of vehicles such as hybrid and electric vehicles is also set to drive the market for automotive starter motor and alternator across the world. Significant growth in the automotive sector coupled with economic reforms in major developing countries has been able to bolster the growth of this market.

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Asia Pacific, Middle East and Africa, and Latin America are key markets for the future and are expected to provide huge opportunities to the global automotive starter motor and alternator manufacturers because of the growth in the automotive sector and increasing demand for passenger vehicles in the regions. Moreover, in the past five years, there has been an increasing production of vehicles globally because of the rising demand and usage of passenger vehicles. This in turn is driving the demand and growth of starter motors and alternators used in the production of automobiles.

The market is segmented on the basis of geography into Europe, North America, Asia Pacific, Middle East and Africa (MEA), and Latin America. These segments have been estimated in terms of revenue (USD million). In addition, the report has been segmented based on starter motor types, which includes, electric, pneumatic, hydraulic and others. Moreover, the report is also segmented by alternator type that includes claw pole alternator and cylindrical alternator.

For better understanding of the automotive starter motor alternator market, the study comprises market attractiveness analysis, where the starter motor types are benchmarked based on their market scope, growth rate and market attractiveness.

Key Players Mentioned in this Report are:

The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive starter motor alternator market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report.

Automotive Turbochargers Market Demand for Lighter Cars Pushes Sales

​Automotive Turbochargers Market are forced induction techniques that induces forced compressed into the vehicles combustion engine for added power. Turbochargers are generally prominent among diesel engines as this type of engine lack proper air required for combustion, thus depends upon a turbochargers to cope up with its drawbacks. Moreover a turbocharger even aids in reducing emission and provide better fuel efficiency. Rising emission norms and fuel efficiency standards is giving rise to the use of a turbochargers to comply with the norms.

Automotive turbochargers find its application in a number of vehicle segments such as heavy commercial vehicle (HCV), light commercial vehicles (LCV), passenger cars, sports cars and off-highway vehicles. Passenger cars holds the leading market share among the segments. Based on the technology type the automotive turbochargers market is segmented into twin turbo, variable geometry technology and wastegate technology. Variable geometry technology (VGT) turbochargers held the prime market share in 2015, with the increasing popularity of turbochargers with low turbo lag is basically going to drive the variable geometry technology turbochargers during the forecast period from 2016 – 2024. Additionally the, global automotive turbochargers is divided into fuel type which includes gasoline and diesel. In terms of end users, the global automotive turbochargers market is bifurcated into original equipment manufacturers (OEMs) and aftermarket.

Turbochargers were first introduced for diesel engine to deliver higher power output, less emissions and increase fuel efficiency as diesel engines were generally used in commercial vehicle. After gaining importance in diesel engines’, turbochargers are also being favored to increase engine efficiency for gasoline engines. Automotive turbochargers market has huge scope and opportunity in the emerging markets of Asia Pacific and Latin America in countries such as India, China, Japan and Brazil among others. Rising penetration of turbocharged gasoline engine in Asia Pacific and turbocharged diesel cars in Latin America region is going to drive the automotive turbochargers.

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The major drivers driving the global automotive turbochargers market includes rise in adoption of engine downsizing, and increasing emission and fuel efficiency standards is going to drive the market throughout the forecast period. Engine downsizing improves the vehicle’s fuel efficiency just because they can achieve higher power output with a smaller engine cylinder that utilizes less fuel intake at the time of combustion. Thus the above mentioned reason of downsizing a vehicle’s engine is going to drive the market for automotive turbochargers during the forecast period from 2016 – 2024.

The competitive profiling of the key players in the global automotive turbochargers market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of automotive turbochargers. The value chain analysis of the market has been provided in the report, in order to offer a deep insight of global automotive turbochargers market.

Global Automotive Turbochargers : Research Methodology

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the automotive turbochargers. Moreover additional comparison of naturally aspirated engine versus a turbocharged engine and different emission and fuel efficiency norms set up by organizations from all around the World is going to give a better understanding about the penetration of global automotive turbochargers in vehicles.

Automotive Drive Shafts Market Demand for Vehicles across the Globe

​The global automotive drive shafts market has several players in the market, making the landscape fragmented. Some of the leading players in the market are Dana Holding Corporation, NTN Corporation, Hyundai Wia, and Yamada Manufacturing Co., Ltd. The companies are focused on development of new products with enhanced quality. To deal with competition, several players will emphasize on mergers and acquisitions to expand their geographical reach and penetrate into many other foreign markets.

According to the research report by Transparency Market Research, the global automotive drive shafts market was valued at US$5.3 bn in 2015 and is likely to be worth US$8.9 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.1%.

On the basis of vehicles, the market is divided into passenger cars, heavy commercial vehicles, and light commercial vehicles. Of these, the heavy commercial vehicles are expected to show steady growth rate in the coming years due to their demand in the transportation industry. The research report states, that the heavy commercial vehicles segment will rise at a CAGR of 6.2% between 2016 and 2024. The increasing demand for automotive shafts in production and serving of heavy-duty trucks is estimated to provide an impetus to the segment in the coming years.

Geographically, the market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. Asia Pacific is estimated to remain the leading regional market in the coming years as the demand for automobiles and their production picks up pace. The report estimates, that Asia Pacific automotive drive shafts market will rise at a CAGR of 6.5% between 2016 and 2024.

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The global automotive drive shafts market has been growing due to the unstoppable production of vehicles in emerging economies of Taiwan, India, China, and Singapore amongst others. As economies limp back to normalcy after the depression of 2008, the production and sales of automobiles and their parts have steadily risen to generate soaring revenues. In the coming years, the increasing investments in automobile manufacturing, especially in countries such as China, is likely to boost the automotive drive shafts market.

The demand for automotive drive shafts has also been increasing as they are the most critical parts of a vehicle. As they are known to working under continuous pressure and stress, they undergo severe damage, which demands their replacement or repair. Thus both of these factors are expected to propel the sale of automotive drive shafts in developing and developed countries.

Emerging Trend of Electric Vehicles to Impede Market Growth

Despite the steady market drivers, the global automotive drive shafts market is facing a tough challenge. The emerging trend of electric cars against the backdrop of rising pollution concerns is expected to restrain the growth of the market. Electric cars operate on batteries, which can be charged. Thus, they completely eliminate the need for automotive drive shafts. Analysts state, “if this trend is to grow rapid as countries work on reducing carbon footprint it could negatively impact the global market”.