November 28, 2020

drivers

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Nov 27, 2020 (Heraldkeepers) —
Automotive sensors monitor and management the chemical, physical and method changes of the cars. Sensors square measure accustomed minimize the fuel consumption, reduce onboard weight of car and comply with government laws towards the passenger’s safety.

The Global Automotive Sensor Market is expected to exceed more than US$ 5 Billion by 2024 at a CAGR of 23% in the given forecast period.

You Can Browse Full Report here: https://www.marketresearchengine.com/automotive-sensor-market

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Robert Bosch GmbH (Germany), Denso Corporation (Japan), Valeo Pvt. Ltd (France), Delphi Automotive LLP (UK), Hitachi Appliances Inc. (Japan), Continental AG Corporation (Germany), Sensata Technologies Inc. (US), Infineon Technologies AG (Germany), Autoliv Inc. (US), NXP semiconductors (US), and STMicroelectronics N.V (Switzerland). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Global Automotive Sensor Market is segmented on the lines of its sensor type, application and regional. Based on sensor type segmentation it covers Temperature Sensors, Position Sensors, Oxygen Sensors, Nox Sensors, Speed Sensors, Inertial Sensors, Image Sensors and Other Sensors. Based on application it covers Power train, Chassis, Exhaust, Safety and Control, Application, Body Electronics, Telematics and Others. Global Automotive Sensor Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The scope of the report includes a detailed study of Global Automotive Sensor Market with the reasons given for variations in the growth of the industry in certain regions.

This report provides:

1) An overview of the global market for Global Automotive Sensor Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Global Automotive Sensor Market.

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The restraining factors of Global Automotive Sensor Market­ are as follows:

  • High development cost including raw material cost

The major driving factors of Global Automotive Sensor Market are as follows:

  • Increasing use of sensors in hybrid and electrical cars
  • Favorable legislations to be used of automotive sensors
  • Consumer issues regarding vehicle security and atmosphere safety (includes image sensor)

The Global Automotive Sensor Market has been segmented as below:

The Global Automotive Sensor Market is segmented on the Basis of Application Type, Sensor Type and Regional Analysis. By Application Type this market is segmented on the basis of Power train, Chassis,, Exhaust, Safety and

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The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (CDN Newswire via Comtex) —
Global Automotive ESP Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 contains point by point data which enlarge understanding, scope, and application of this market. The report provides an in-depth analysis of industry- and economy-wide database that could offer development and profitability for players in this global Automotive ESP market. The report divided by producers, regions, applications, and types provides information based on portfolio, applications, cost, producing processes. The report covers market trends, future advancement extension, and industry growth analysis. It presents analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period (2020-2025). Then perspective on specific organizations, associations, manufacturers, industries, companies, and suppliers that are working to expand their business worldwide has been offered. Analysis of important industry trends, market size, market share estimates is mentioned in the report.

This Report Includes The Following Deliverable:

The report features market sectioning depending on the product, application, geographical region, competitive market share. Market size approximates, forecasts for the said frame of time has been estimated. Another important aspect of every market research report is the study of the key players or manufacturers driving the market forward. The report analyzes crucial market manufacturers, trends, company profiles, strategies, etc. The research study analyzes the global Automotive ESP market development across various geographies.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

DOWNLOAD FREE SAMPLE REPORT:https://www.marketquest.biz/sample-request/30517

An outline of the manufacturers’ active in the global market, consisting of Continental, ZF, Denso, Aisin, Hitachi, Delphi

On the basis of the product, the market has been classified into: 2-Channel, 3-Channel, 4-Channel

Based on the application, the market has been categorized into: Sedan & Hatchback, SUV & Pickup, Other

By regions, this report splits the global Automotive ESP market into several key regions, with sales, revenue, price and gross margin market share of top players in these regions, from 2020 to 2025 (forecast), like: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Furthermore, the report finalizes overall market sizes by analyzing the supply-side data, which includes product developments, supply chain, and annual revenues of companies in the market. Then the report explains the structure of the market along with its varied segments and sub-segments. It also tracks product scope, market overview, market opportunities, market driving force, and market risks. Other key factors accountable for the growth of the global Automotive ESP market are also highlighted in the report.

ACCESS FULL REPORT:https://www.marketquest.biz/report/30517/global-automotive-esp-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025

Important Facts about Market Report:

  • This research report covers the global Automotive ESP market overview, market share, demand and supply ratio, supply chain analysis, and import/export details.
  • The report discloses different approaches and
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The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (Market Insight Reports) —
Selbyville, Delaware, The next five years the Automotive Energy Recovery System market will register a 5.3% CAGR in terms of revenue, the global market size will reach $ 136.5 million by 2025, from $ 111 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Energy Recovery System business.

The research report on Automotive Energy Recovery System market provides with a granular evaluation of the business space and contains information regarding the market tendencies such as the prevailing remuneration, revenue estimations, market valuation and market size during the estimated timeframe.

Request a sample Report of Automotive Energy Recovery System Market at: https://www.marketstudyreport.com/request-a-sample/3035489?utm_source=Marketwatch.com&utm_medium=SP

An overview of the performance assessment of the Automotive Energy Recovery System market is mentioned in the report. The document also comprises of insights pertaining to the major market trends and its predicted growth rate. Additional details such as growth avenues as well as hindering factors for this industry landscape are enlisted.

COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

In terms of regional frame of reference of the Automotive Energy Recovery System market:

Automotive Energy Recovery System Market Segmentation: Americas, APAC, Europe, Middle East & Africa

A summary of the information enlisted in the Automotive Energy Recovery System market report:

  • Industry share recorded by each geography
  • Consumption rates of all regions listed.
  • Expected remuneration of each terrain.
  • Projected expansion rate as per the consumption rates of each region listed over the estimated timeframe.

A gist of the Automotive Energy Recovery System market based on the product landscape and application spectrum:

Product landscape:

Product types:

  • Regenerative Braking System
  • Turbocharger
  • Exhaust Gas Recirculation (EGR

Application segmentation:

  • Two-Wheelers
  • Passenger Cars
  • Commercial Vehicles

Other details regarding the competitive spectrum of the Automotive Energy Recovery System market:

Vendor base of Automotive Energy Recovery System market:

  • Robert Bosch GMBH
  • BorgWarner Inc.
  • Continental AG
  • Hyundai Mobis
  • Honeywell International Inc.
  • Autoliv Inc.
  • Tenneco Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Faurecia
  • Cummins Inc.
  • IHI Corporation
  • Maxwell Technologies
  • Hitachi Automotive Systems Ltd.
  • Skleton Technologies
  • Rheinmetall Automotive AG

Research objectives:

  • To study and analyze the global Automotive Energy Recovery System consumption (value & volume) by key regions/countries, type and application, history data from 2015 to
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The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (Market Insight Reports) —
Selbyville, Delaware, The next five years the Automotive Balance Shaft market will register a 4.6% CAGR in terms of revenue, the global market size will reach $ 11530 million by 2025, from $ 9621 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Balance Shaft business.

The research report on Automotive Balance Shaft market provides with a granular evaluation of the business space and contains information regarding the market tendencies such as the prevailing remuneration, revenue estimations, market valuation and market size during the estimated timeframe.

Request a sample Report of Automotive Balance Shaft Market at: https://www.marketstudyreport.com/request-a-sample/3035486?utm_source=Marketwatch.com&utm_medium=SP

An overview of the performance assessment of the Automotive Balance Shaft market is mentioned in the report. The document also comprises of insights pertaining to the major market trends and its predicted growth rate. Additional details such as growth avenues as well as hindering factors for this industry landscape are enlisted.

COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

In terms of regional frame of reference of the Automotive Balance Shaft market:

Automotive Balance Shaft Market Segmentation: Americas, APAC, Europe, Middle East & Africa

A summary of the information enlisted in the Automotive Balance Shaft market report:

  • Industry share recorded by each geography
  • Consumption rates of all regions listed.
  • Expected remuneration of each terrain.
  • Projected expansion rate as per the consumption rates of each region listed over the estimated timeframe.

A gist of the Automotive Balance Shaft market based on the product landscape and application spectrum:

Product landscape:

Product types:

  • Inline-3 Cylinder Engine
  • Inline-4 Cylinder Engine
  • Inline-5 Cylinder Engine
  • V6 Engine

Application segmentation:

  • Passenger Cars
  • Light Commercial Vehicles
  • High Commercial Vehicles

Other details regarding the competitive spectrum of the Automotive Balance Shaft market:

Vendor base of Automotive Balance Shaft market:

  • American Axle & Manufacturing Holdings Inc.
  • TFO Corporation
  • LACO
  • Musashi Seimitsu Industry Co.Ltd.
  • Ningbo Jingda Hardware Manufacture Co.Ltd.
  • Otics Corporation
  • SKF Group AB
  • Sansera Engineering Pvt. Ltd

Research objectives:

  • To study and analyze the global Automotive Balance Shaft consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2020, and forecast to 2025.
  • To understand the structure of Automotive Balance Shaft market by
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The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (Market Insight Reports) —
Selbyville, Delaware, The next five years the Automotive Chassis Systems market will register a 3.3% CAGR in terms of revenue, the global market size will reach $ 76460 million by 2025, from $ 67170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Chassis Systems business.

The research report on Automotive Chassis Systems market provides with a granular evaluation of the business space and contains information regarding the market tendencies such as the prevailing remuneration, revenue estimations, market valuation and market size during the estimated timeframe.

Request a sample Report of Automotive Chassis Systems Market at: https://www.marketstudyreport.com/request-a-sample/3035487?utm_source=Marketwatch.com&utm_medium=SP

An overview of the performance assessment of the Automotive Chassis Systems market is mentioned in the report. The document also comprises of insights pertaining to the major market trends and its predicted growth rate. Additional details such as growth avenues as well as hindering factors for this industry landscape are enlisted.

COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

In terms of regional frame of reference of the Automotive Chassis Systems market:

Automotive Chassis Systems Market Segmentation: Americas, APAC, Europe, Middle East & Africa

A summary of the information enlisted in the Automotive Chassis Systems market report:

  • Industry share recorded by each geography
  • Consumption rates of all regions listed.
  • Expected remuneration of each terrain.
  • Projected expansion rate as per the consumption rates of each region listed over the estimated timeframe.

A gist of the Automotive Chassis Systems market based on the product landscape and application spectrum:

Product landscape:

Product types:

  • Suspension ball joints
  • Cross-axis joints
  • Tie-rods
  • Stabilizer Links
  • Control arms
  • Knuckles and Hubs

Application segmentation:

  • Cars
  • LCV’s
  • ICV’s
  • HCV’s
  • Off Road Vehicle
  • Construction Equipment Vehicles
  • Defense Vehicles
  • Farm Tractors

Other details regarding the competitive spectrum of the Automotive Chassis Systems market:

Vendor base of Automotive Chassis Systems market:

  • Continental AG
  • Gestamp Automocion SA
  • Robert Bosch GmbH
  • Magna International Inc.
  • Benteler International AG
  • American Axle & Manufacturing
  • Schaeffler AG
  • ZF Friedrichafen
  • Hyundai Mobis
  • Aisin Seiki Co

Research objectives:

  • To study and analyze the global Automotive Chassis Systems consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2020, and forecast to 2025.
  • To understand
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The MarketWatch News Department was not involved in the creation of this content.

Nov 24, 2020 (CDN Newswire via Comtex) —
MarketQuest.biz has recently published Global Automotive Wire & Cable Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025, assuming the historical data of the market to forecasts time-period from 2020 to 2025. The report thoroughly evaluates the current trends, market drivers, opportunities, and restraints to provide a clear understanding of the current market landscape of the global Automotive Wire & Cable market. It thoroughly evaluates the current trends, market drivers, opportunities, and restraints. The report focuses on industry competitors, the sales channel, growth potential, market trends, industry product innovations, and the volume of size, market segments, and market share of the best performers or products.

Report Overview:

Present market trends and dynamics are evaluated which helps in planning the way of the global Automotive Wire & Cable market. A chapter-wise arrangement has been used to ease the readability and complexity of the data. Each chapter is more categorized into its particular segments covering well-structured data. The analysis also contains a crucial insight regarding the things which are driving and affecting the earnings of the market. The segmentation plays a prominent role in dealing with the growth of the market where various industry types and applications are included to give a better understanding of the market. This segmentation has strong support in volume-wise and value-wise data which backs the process of understanding the market scenario with numbers.

DOWNLOAD FREE SAMPLE REPORT:https://www.marketquest.biz/sample-request/29431

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

We Analyze The Global Automotive Wire & Cable Market Industry With Respect To Two Aspects.

  • Production: In terms of production, we analyze the production, revenue, gross margin of its main manufacturers, and the unit price that they offer in different regions.
  • Consumption: In terms of consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions

A concise review of the global market rivalry landscape: Yazaki Corporation, Furukawa Electric, Leoni, Sumitomo, Fujikura, Delphi, Nexans Autoelectric, Yura, Lear, PKC Group, Coficab, Beijing Force, DRAXLMAIER, Beijing S.P.L, Axon’ Cable, Coroplast, Kromberg&Schubert, Shanghai Shenglong, General Cable, THB

Market segmentation by product: Copper Core, Aluminum Core, Other

Market segmentation by application: , Passenger Vehicle, Commercial Vehicle

Some of the major geographies included in the market are given below: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This study analyzes the global Automotive Wire & Cable industry market status and forecast statistics explaining the production, revenue, consumption ratio, and historic market trends. All the manufacturers, market share, company profiles, production capacity, and gross margin analysis is presented in this report. The influencing factors, product launches, mergers, and acquisition is also covered in this

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Gov. Mike DeWine signed a bill Tuesday extending the expiration date for driver’s licenses, state identification cards and vehicle registrations in Ohio.



a person riding a skateboard down a sidewalk: Dozens of people wait in line outside the Ohio Bureau of Motor Vehicles in the Southern Village Shopping Center in Springfield earlier this year after locations were reopened across the state. BILL LACKEY/STAFF


© Provided by Dayton Daily News
Dozens of people wait in line outside the Ohio Bureau of Motor Vehicles in the Southern Village Shopping Center in Springfield earlier this year after locations were reopened across the state. BILL LACKEY/STAFF

Previously, the deadline was Dec. 1. Now, driver’s licenses, state IDs and vehicle registrations with an expiration date between March 9, 2020, and April 1, 2021, will automatically be extended to July 1, 2021, according to the Ohio Bureau of Motor Vehicles.

DeWine, hospitals warn of staff shortages as cases rise

Ohioans can visit OPlates.com for many BMV services, including purchasing a temporary tag, renewing vehicle registration, ordering a new license plate and more.

Anyone who needs to visit a BMV location can use the department’s “Get in Line Online” virtual queueing system. The service allows Ohioans to get in line virtually before they arrive at the BMV.

Coronavirus: New dashboard will share daily data on Ohio hospitalizations

Earlier this year, the expiration dates for IDs and registration were extended after DeWine temporarily closed BMV locations due to the coronavirus pandemic.

The BMV reopened in May, but the extension remained in place so that people wouldn’t have to rush to locations.

Continue Reading

Source Article

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Selbyville, Delaware, United States, November 20 2020 (Wiredrelease) Global Market Insights, Inc :Growing concerns regarding passenger vehicle safety will drive automotive camera market growth over the coming years. Technological advancement in advanced driver-assistance systems (ADAS) along with rise in demand for active vehicle safety features will support product penetration. Increasing number of road accidents coupled with stringent safety norms will encourage automakers to opt for advanced automotive cameras and sensors, augmenting global automotive camera industry size.

Trifocal camera systems offer a wide viewing angle and can effectively identify the accurate distance between a vehicle and nearby objects. These cameras can offer an improved depth perception better distant-object detection compared to mono stereo type cameras. Increasing shift towards semi-autonomous autonomous vehicles is expected to boost product adoption. Moreover, rapid production and demand for mid-priced, economic vehicles will foster automotive camera industry size.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/3340

Rising demand and sales of passenger vehicles along with rapid advancements in camera technology will boost automotive camera market size. Nowadays passenger vehicles are integrated with precision cameras to offer advanced safety features like autonomous braking, blind spot detection and lane departure warning. Cameras are also integrated inside a vehicle to attain real-time evidence in case of an accident. Rapid technological advancements in the automotive sector coupled with increased spending on passenger vehicles will supplement industry size.

High demand for luxury vehicles in the U.S. and Canada will expand North America automotive camera market size. Increase in number of road accidents in the U.S. will boost integration of ADAS other safety systems in upcoming vehicles. Moreover, growing demand for rear-view vehicle cameras will provide lucrative growth prospects to market players.

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Stringent federal norms mandating use of vehicle safety features will further accelerate market size. For instance, in 2018, the U.S. Department of Transportations National Highway Traffic Safety Administration (NHTSA) announced that all new vehicles manufactured in the U.S. after May 2018 should be sold with rear-view cameras to offer increased driver visibility. Reliable reports also estimate North America automotive camera market to grow at around 24% CAGR between 2019-2025.

Increased focus on passenger vehicle safety will drive automotive camera industry size. Growing use of trifocal camera in mid-priced vehicles will augment market growth. Global Market Insights, Inc., estimates automotive camera market size to exceed USD 19 billion by 2025.

Report Content:

Chapter 1. Methodology and Scope

1.1. Definitions forecast parameters

1.1.1. Definitions

1.1.2. Methodology and forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Automotive camera industry 360 synopsis, 2015 2025

2.1.1. Business trends

2.1.2. Type trends

2.1.3. Vehicle type trends

2.1.4. Application trends

2.1.5. Regional trends

Chapter 3. Automotive Camera Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 2025

3.3. Industry ecosystem analysis

3.3.1. Component suppliers

3.3.2. Manufacturers

3.3.3. Software technology providers

3.3.4. System integrators

3.3.5. Distribution channel analysis

3.3.6. End-use landscape

3.3.7. Vendor matrix

3.4. Technology innovation landscape

3.5. Regulatory landscape

3.5.1.1. North America

3.5.1.2. Europe

3.5.1.3. Asia

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You’ve been hacked. We’ve all been hacked.

No one else has said it, but The Watchdog will. This is likely the largest and one of the most significant data breaches ever to hit Texans.

27.7 million Texas driver’s license holders are affected.

If you haven’t heard about this, that’s part of the problem. It’s almost like no one wants you to know.

Why 27.7 million affected licenses when Texas’ total population is around 28 million? Because the number includes former state residents and dead people who were issued licenses before February 2019. So, it includes just about everybody who held a Texas license going back an unknown amount of years. It doesn’t include children.

The Watchdog has the story.

What do the crooks have? Your license information (name, address, DL number), the color, model, year and VIN of your vehicle and the lender to whom you make car payments.

The information is apparently available to criminals on the dark web.

I’ll show you how this happened, what crooks can do with the information and how you can be prepared.

‘Human error’

The culprit here is a company you probably never heard of – Vertafore of Denver, which, like many companies, buys data from state governments. Vertafore works with the insurance industry to concoct ratings that help agents, brokers and others.

“As a result of human error,” Vertafore says in a news release, “three data files were inadvertently stored in an unsecured external storage service that appears to have been accessed without authorization.”

Someone found the information and grabbed the files before Vertafore realized it, the company says.

The FBI and state law enforcement are investigating.

It appears to The Watchdog that although this data breach began in March and continued to August, our Texas Department of Motor Vehicles, which stores vehicle information, and the Texas Department of Public Safety, which handles licenses, probably didn’t know about the hack until recently because their own databases were not compromised.

How do I know that?

The answer is revealing. First, initial word of this giant breach didn’t come from authorities or from the company. It came from a couple of Watchdog readers who got alerts from their Experian identity protection service that their driver’s license information was available on the dark web.

They apparently knew about this before state officials and local police departments did. That’s embarrassing.

After hearing from the two readers, I contacted DMV and DPS on Oct. 1 and asked if they knew about it. DMV sent me to DPS, which reported back that its databases were not compromised. I told the two readers and published the information that there was no hack. But there was.

DMV told me later it learned about the breach in mid-October. DPS said it was checking when it first learned, but DPS didn’t tell me.

These two readers — M. Perry and Sandra Bakkethun — were like canaries in the coal mine, warning ahead of time that there’s a leak, either in a mine,

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The MarketWatch News Department was not involved in the creation of this content.

Nov 18, 2020 (AB Digital via COMTEX) —
Recent report published by research nester titled “Automotive Fuel Tank Market : Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive fuel tank market in terms of market segmentation by vehicle type, by material, by technology and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The global automotive fuel tank market is segmented into vehicle type such as passenger cars, heavy trucks, buses & coaches and commercial vehicles. Among these segments, passenger cars segment dominated the overall automotive fuel tank market in previous years. The key reason behind the growth of this segment is increasing sales of passenger cars across the globe. Furthermore, rising disposable income of the consumers is increasing the sales of passenger cars which in turn likely to intensify the automotive fuel tank market in upcoming years.

Get Exclusive Sample Report Copy Of This Report @ https://www.researchnester.com/sample-request-528

Global automotive fuel tank market is expected to register a 5.5% CAGR over the forecast period. Moreover, the global automotive fuel tank market is projected to reach at notable revenue of USD 17.6 Billion by the end of 2024. The market is expected to expand on the back of growing automotive aftermarket across the globe. Furthermore, growing advancements and development of innovative designs of automotive fuel tanks to offer benefits such as reduced fuel consumption and improved mileage are likely to garnish the growth of global automotive fuel market in near future.

The plastic segment by material type is witnessing substantial growth owing to its benefits such as low weight, increased tank strength in crashes and others. Moreover, use of plastic materials in car interiors, bumpers and other automotive parts such as automotive fuel tank is key factor which is reducing the overall weight of vehicles. Further, vehicle manufacturers are focusing towards light weight cars to improve the fuel efficiency of vehicles.

Rising Sales of Vehicles

Increasing sales of new vehicles across the globe especially in developing countries such as India, China and Brazil is a major factor which is augmenting the growth of global automotive fuel tank market. For instance, new vehicle registration in China reached at 24,376,902 in 2017.

Changing Lifestyle

Rising disposable income and changing lifestyle of middle class families are the dynamic factors behind augmented demand for vehicles across the globe. Further, increasing number of vehicles on the road is envisioned to drive the growth of global automotive market over the forecast period.

However, high lifespan of automotive fuel tanks and increasing sales of electric cars are some of the factors that are likely to deter the growth of the automotive fuel tank market in the near future.

This report also provides the existing competitive scenario of some of the key players of the global automotive fuel tank market which

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