November 25, 2020

opportunities

ALBANY, N.Y., Nov. 25, 2020 /PRNewswire/ — NFC refers to near field communication, which is considered as one of the latest developments in the short-range wireless connectivity technology. In past few years, there is remarkable development in the NFC technology. As a result, there is extensive increase in the use of NFC chips in various end-use industries such as automotive, consumer electronics, medical, aviation, and retail. This scenario is likely to boost the growth of the global NFC chips market during the assessment period 2020–2030.

Analysts at TMR note that the global NFC chips market will show growth at promising of CAGR of 7.5% during the assessment period 2020–2030. This growth is on the back of plethora of factors. The market is experiencing remarkable growth in demand for NFC chips from finance and payment sector as well as automotive sector. Growing focus of many vendors working in the NFC chips market toward technological advancements is foreseen to help in the expansion of this market during forecast period of 2020 to 2030.

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Key Findings of NFC Chips Market Report

  • The global NFC chips market is estimated to grow at 7.5% CAGR during the forecast period of 2020 to 2030.
  • The market is predicted to surpass the valuation of approximately US$ 5.6 Bn by 2030 end.
  • Europe and North America markets for NFC chips are likely to experience prominent expansion opportunities in the forthcoming period.

Explore 164 pages of top-notch research, incisive insights, and detailed country-level projections on NFC Chips Market (Product Application: Smartphone, Television, Medical Equipment, Cars, and Others; Storage Capacity: 64 Bytes, 168 Bytes, 180 Bytes, 540 Bytes, and Others; and End User: Consumer Electronics, Automotive, Retail, Medical, Aviation, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/nfc-chips-market.html

NFC Chips Market: Key Driving Factors and Promising Avenues

  • NFC chips are gaining traction across numerous end-use industries owing to their ability to simplify the user interfaces. Owing to this factor, there is remarkable increase in the use of NFC chips in a wide range of consumer products.
  • NFC chips are in high demand from smartphone manufacturing companies, including Samsung and Apple. This factor is predicted to generate promising expansion opportunities in the NFC chips market in the assessment period of 2020 to 2030.
  • In recent period, there is remarkable increase in the use of NFC chips across numerous security systems for communication purpose. Key reason behind this trend is the ability of NFC chips to offer safer services than that of other alike technologies such as Wi-Fi and Bluetooth. This factor is forecasted to fuel the expansion of the global NFC chips market in the forthcoming years.
  • Aside From smartphones, NFC chips find application in a wide range of consumer electronic goods including televisions, speakers, refrigerators, washing machines, and cameras. Main function of NFC chips in these devices is offer contactless data transfer. Thus, increased demand for all these products is estimated to generate prodigious sales opportunities in the
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New York, United States, Tue, 24 Nov 2020 08:27:48 / Comserve Inc. / — Global automotive sensors market is expected to flourish at a significant CAGR of 7.8% during the forecast period. Moreover, the global automotive sensors market is expected to garner USD 45.76 Billion by the end of 2024.

The global automotive sensors market is segmented into type such as temperature sensor, position sensor, current sensor, pressure sensor, image sensor, speed sensor, gas sensor, LiDAR, MEMS, Oxygen Sensor, NOX sensor and other sensors. Among these segments, automotive position sensors segment is expected to occupy top position in overall automotive sensors market during the forecast period. Wide scale utilization of position sensors in automotive parts such as crankshaft, camshaft and throttle are driving the growth of the automotive position sensors market. Further, increasing number of position sensors in economy cars is expected to accelerate the growth of position sensors market.

Global automotive sensors market is expected to flourish at a significant CAGR of 7.8% during the forecast period. Moreover, the global automotive sensors market is expected to garner USD 45.76 Billion by the end of 2024. Increasing sale of automotive across the globe, rising disposable income, stringent government regulations, rising electrification of vehicle are some of the key factors driving the growth of automotive sensors market.

The powertrain segment by area of system application is estimated to significant register a CAGR during the forecast period. Moreover, the powertrain segment is expected to account for the largest share of revenue across the globe. Surging demand for automatic transmission is one of the key factors bolstering the growth of the automotive sensors market.

Rising Number of Vehicle Production across the Globe

Increasing sale of vehicles in the world is one of the key factors behind the growth of automotive sensor market. According to Organisation Internationale des Constructeurs d’Automobiles (OICA), number of passenger vehicles sales and registration increases from 45,407,298 in 2005 to 69,464432 in 2016. Moreover, rising trend of electrification of vehicles is expected to spur the growth of the market.

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Stringent Government Regulations

Strict government regulations regarding safety standard and fuel emission is predicted to trigger the growth of the automotive sensors market. For instance, implementation of advanced vehicle safety features by European Commission such as mandating tyre pressure monitoring systems (TPMS), automatic emergency braking systems are increasing the usage of sensors in automotive.

Although, integration of automotive sensors increases the overall cost of automotive. Moreover, this may hamper the growth of automotive market which is likely to dampen the growth of automotive sensors market during the forecast period.

The report titled Automotive Sensors Market : Global Demand Analysis & Opportunity Outlook 2024delivers detailed overview of the global automotive sensors market in terms of market segmentation by type, by area of system application, by vehicle type and by region.

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Automotive Engine Cooling System Market Outlook 2027: Up-To-Date Statistics, Development Areas And Emerging Opportunities Worldwide

Global automotive engine cooling system market is expected to register a remarkable CAGR over the forecast period. Moreover, the global automotive engine cooling system market is expected to expand on the back of growing automotive industry across all regions.

The global automotive engine cooling system market is segmented into vehicle type such as passenger cars, two wheeler, low commercial vehicle, heavy commercial vehicle. Among these segments, passenger cars segment is expected to grab lion share in the market of automotive engine cooling system by the end of forecast period. The growth of passenger cars segment is backed by a number of factors such as rapid urbanization and changing life style of consumers across the globe. Further, increasing ratio of vehicles per people across the globe is also a major factor which is likely to drive the growth of this segment over the forecast period. According to U.S. department of energy, vehicles per thousand people in the United States reached 816.38 as compared to 807.50 in 2014.

Global automotive engine cooling system market is expected to register a remarkable CAGR over the forecast period. Moreover, the global automotive engine cooling system market is expected to expand on the back of growing automotive industry across all regions.

The Asia Pacific automotive engine cooling system market dominated the overall automotive engine cooling system market in 2016. Furthermore, Asia Pacific automotive engine cooling system market is expected to continue its dominance during the forecast period owing to a number of factors such as swelling disposable income of the consumers and increasing number of vehicles. According to International Organization of Motor Vehicle Manufacturers, China alone produced 24,420,744 cars and 3,698,050 commercial vehicles in 2016. Moreover, high production rate of vehicles in Asian countries is a major factor which is likely to intensify the demand for automotive engine cooling system in Asia Pacific region over the forecast period

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Growing Demand for Increased Engine Efficiency

Factors such as, rising vehicle production and increasing demand for engine with high efficiency are likely to escalate the growth of global automotive engine cooling system market in upcoming years. Further, development of light weight automotive engine cooling system can also bolster the growth of market in future years.

Rapid Urbanization and Changing Life Style

Rapid enhancements in transportation infrastructure and changing life style of consumer are key factors which are augmenting the production of new vehicles across all regions. This factor is expected to bolster the growth of market over the forecast period.

However, factors such as growing rental transportation and consumers preference for public transportation are limiting the production of new vehicles which is likely to inhibit the growth of the automotive engine cooling system market in the near future.

The report titled Global Automotive engine cooling system Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluationdelivers detailed overview of the global automotive engine cooling system market in terms of market segmentation by sales

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Selbyville, Delaware, United States, November 20 2020 (Wiredrelease) Global Market Insights, Inc :Growing use of diagnostic scan tools in automobiles industry owing to strict emission norms introduced by governments worldwide could stimulate global automotive diagnostic scan tools market size. Factors such as emission standards, fuel efficiency, maintenance and service of vehicles, and environmental safety have highlighted the importance of automotive diagnostic scan tools.

Numerous technologies such as AR, VR, and AI are also being used in vehicles to offer advanced features such as ADAS, ABS, and cruise control, which is eventually increased the number of ECUs. Such next-generation vehicles require automotive diagnostic tools to detect faults in order to increase operational efficiency and reduce time.

The automotive diagnostic scan tools market is also growing at a considerable CAGR because of the increasing demand for next-generation autonomous vehicles. According to reports, around 24.23 million autonomous vehicles were estimated to be sold in 2017, and are further expected to reach 61.82 units by 2024, growing at a CAGR of 14.4%. Global Market Insights, Inc. also predicts that the automotive diagnostic scan tools could become a USD 49 billion industry by 2025.

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With a market share of more than 34% in 2018, Europe is expected to become a prominent region for the global automotive diagnostic scan tools market. Reports suggest that the market is expected to reach USD 15 billion by 2025 owing to strict government regulation regarding vehicles. Presence of leading automakers such as Volkswagen, Porsche, Renault and Audi AG in the region could also play a vital role in the growth of Europe automotive diagnostic scan tools market size. Additionally, increasing demand for passenger vehicles could further stimulate growth in the regions automotive sector, in turn driving Europe automotive diagnostic scan tools market outlook.

The diagnostic software segment is likely to witness a considerable growth of over 7% between 2019 to 2025. This potential development can be attributed to surging demand for in-car infotainment and improved passenger convenience. Growing demand for hybrid and electrical vehicles could also aid growth of diagnostic software market.

Based on application, the repair maintenance segment accounted for more than 37% market share in 2018 and is expected to reach over USD 16 billion by 2025. Surging sales of new vehicles and an increase in the number of old vehicles is resulting in rising number of workshops and service stations. A growing trend to outsource diagnostic scan tools services is propelling the demand for third party repair and maintenance service providers. Moreover, increase in competition and enhanced customer experience is encouraging repair maintenance service providers to deliver numerous professional services to achieve a loyal client base.

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The DIY diagnostic segment is expected to grow considerably during the forecast period owing to its cost-effectiveness and operational efficiency. The growth of the segment can be credited to increasing passion of owners about their vehicles. Automobile manufacturers are also building virtual interfaces to enhance the automotive diagnostic

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

Nov 20, 2020 (AmericaNewsHour) —
As per the latest report published by Variant Market Research, Global Automotive Lightweight Materials Market is estimated to reach $169.6 billion by 2024; growing at a CAGR of 12.5% from 2016 to 2024. The automotive lightweight materials are used to decrease the weight of automotive, and are mixture of metal alloys and composites. These automotive lightweight materials have many applications in several industries such as automobile, wind, aerospace, and others. Growing demand for fuel efficient vehicles due to strict emission regulations, high demand for lightweight materials in automotive industry, technological advancements globally are the factors driving the global automotive lightweight materials market growth during the future years.

Major factors driving the global automotive lightweight materials market are growing penetration of lightweight components, high production of aircraft modules, and stringent emission and fuel economy guidelines to increase the demand for lightweight materials in automotive industry. However, high cost of carbon fiber, and instabilities in raw material prices may hamper the market growth. Furthermore, growing demand for lightweight vehicles across the globe, and current R&D in lightweight materials used in automotive would unfold with numerous growth opportunities in the forecasted years.

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Major segments in the global automotive lightweight materials market are material type, application, and geography. By material type, the market is bifurcated into metals, plastics, and composites. Metal includes aluminium, high strength steel (HSS), and other metals. Composite is further bifurcated into carbon fiber reinforced plastic (CFRP), and glass fiber reinforced polymer (GFRP). Further, application is segmented into structural, powertrain, interior, exterior, and other applications.

Geographically, automotive lightweight materials market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The key market players competing in the market are Toray Industries, Inc., BASF SE, Covestro AG, PPG Industries, Inc., ThyssenKrupp AG, Novelis Inc., LyondellBasell Industries N.V., Owens Corning, Alcoa Inc., and ArcelorMittal S.A., among others.

The key takeaways from the report
The report will provide detailed analysis of Global Automotive Lightweight Materials Market with respect to major segments such as material type, and application

The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Automotive Lightweight Materials Market has been included in the report

Profile of the key players in the Global Automotive Lightweight Materials Market will be provided, which include key financials, product & services, new developments and business strategies

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Scope of the Global Automotive Lightweight

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive LED headlamps market and it is poised to grow by USD 2.35 bn during 2020-2024, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive LED headlamps market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

  • What are the major trends in the market?

    The introduction of laser headlamps is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?

    The market will accelerate at a CAGR of over 14% and the incremental growth of the market is anticipated to be $ 2.35 bn.
  • Who are the top players in the market?

    Hella GmbH & Co. KGaA, Koito Manufacturing Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Lumax Industries Ltd., OSRAM GmbH, Samsung Electronics Co. Ltd., Stanley Electric Co. Ltd., Valeo SA, and Varroc Engineering Ltd., are some of the major market participants.
  • What is the key market driver?

    The need for energy-efficient lighting systems is one of the major factors driving the market.
  • How big is the APAC market?

    The APAC region will contribute to 44% of the market share.

Related Reports on Consumer Discretionary Include:

  • Automotive Electronic Control Unit Market by Application and Geography – Forecast and Analysis 2020-2024– The automotive electronic control unit market size has the potential to grow by USD 10.94 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes
  • Massage Equipment Market by Product, End-user, Type, and Geography – Forecast and Analysis 2020-2024– The massage equipment market size has the potential to grow by USD 3.27 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Hella GmbH & Co. KGaA, Koito Manufacturing Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Lumax Industries Ltd., OSRAM GmbH, Samsung Electronics Co. Ltd., Stanley Electric Co. Ltd., Valeo SA, and Varroc Engineering Ltd. are some of the major market participants. The need for energy-efficient lighting systems will offer immense growth opportunities. In a bid to help players strengthen

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“Automotive Bioplastic”

Wiseguyreports.Com Adds “Automotive Bioplastic-Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026” To Its Research Database

This report has been prepared based on extensive research and analysis of the latest dominating trends in the market. The global Automotive Bioplastic market has been studied and focus has been on the volume and value of the product/service as well as the manufacturing methods employed. It contains a brief overview of the competitive scene of the key players along with the market introduction and research objectives for the forecast period from 2020 to 2026. The report also presents the market size by observing the historical data and the prospects of the product/service. The economic indicators and the market research methodology have also been provided further in the global Automotive Bioplastic market report.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type, the Automotive Bioplastic market is segmented into
Bio PA
Bio PTT
Bio PET
Bio PBS
Bio PP
Bio PE
Others

Segment by Application
Exterior
Interior
Engine Surrounding
Others

Global Automotive Bioplastic Market: Regional Analysis
The Automotive Bioplastic market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Automotive Bioplastic market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Global Automotive Bioplastic Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global Automotive Bioplastic market include:
Mitsubishi Chemical Corporation AS
Total Corbion PLA
Teijin Group
NatureWorks LLC
Denso Corporation
Solvay Group
Toray Industries Inc.
Evonik Indutries AG
Arkema Group
Braskem
Novamount S.P.A.
RTP Company
BASF SE
Dow Chemical Company
Eastman Chemical Company

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Table of Content

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Technavio has been monitoring the bicycle market and it is poised to grow by USD 10.5 bn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117006212/en/

Technavio has announced its latest market research report titled Global Bicycle Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Bicycle Market 2020-2024 (Graphic: Business Wire)

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to influence the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the bicycle market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

  • What are the major trends in the market?

    Increase in demand for titanium-based bicycles is a major trend driving the growth of the market
  • At what rate is the market projected to grow?

    The market will accelerate at a CAGR of almost 4% and the incremental growth of the market is anticipated to be $ 10.5 bn
  • Who are the top players in the market?

    Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp., are some of the major market participants
  • What is the key market driver?

    The environmental & economic benefits of bicycles is one of the major factors driving the market
  • How big is the APAC market

    The APAC region will contribute 61% of the market share

Related Reports on Consumer Discretionary Include:

  • Bicycle Motors Market by Type and Geography – Forecast and Analysis 2020-2024- The bicycle motors market size has the potential to grow by 7793.49 thousand units during 2020-2024, and the market’s growth momentum will decelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes

  • Smart Retail Market by Solution and Geography – Forecast and Analysis 2020-2024– The smart retail market size has the potential to grow by USD 25.31 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. are some of the major

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the high-end bicycle market and it is poised to grow by USD 4.20 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to transform various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the high-end bicycle market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.

Frequently Asked Questions:

  • What are the major trends in the market?

    Smart features in high-end bikes is a major trend driving the growth of the market
  • At what rate is the market projected to grow?

    The market will accelerate at a CAGR of almost 5% and the incremental growth of the market is anticipated to be $ 4.20 bn
  • Who are the top players in the market?

    Accell Group NV, Beistegui Hermanos SA, Derby Cycle Holding GmbH, Dorel Industries Inc., F.I.V.E. Bianchi Spa, Giant Manufacturing Co. Ltd., Klever Mobility GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp, are some of the major market participants.
  • What is the key market driver?

    The rapid growth of e-commerce is one of the major factors driving the market
  • How big is the North America market?

    The North America region will contribute 32% of the market share

Related Reports on Consumer Discretionary Include:

  • Bicycle Motors Market by Type and Geography – Forecast and Analysis 2020-2024- The bicycle motors market size has the potential to grow by 7793.49 thousand units during 2020-2024, and the market’s growth momentum will decelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes
  • Automotive Wheel Alignment System Market by Type and Geography – Forecast and Analysis 2020-2024 – The automotive wheel alignment system market size has the potential to grow by USD 276.11 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Beistegui Hermanos SA, Derby Cycle Holding GmbH, Dorel Industries Inc., F.I.V.E. Bianchi Spa, Giant Manufacturing Co. Ltd., Klever Mobility GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp. are some of the major market participants. The rapid growth of e-commerce will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this high-end bicycle market

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive audio amplifier market and it is poised to grow by USD 319.69 mn during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive audio amplifier market. The market growth in 2020 is likely to decrease compared to the market growth in 2019.

Frequently Asked Questions:

  • What are the major trends in the market?

    High popularity of luxury vehicles is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?

    The market will accelerate at a CAGR of over 2% and the incremental growth of the market is anticipated to be $ 319.69 mn,
  • Who are the top players in the market?

    Analog Devices Inc., Cirrus Logic Inc., Infineon Technologies AG, Maxim Integrated Products Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., STMicroelectronics NV, Texas Instruments Inc., and Toshiba Electronic Devices & Storage Corp., are some of the major market participants.
  • What is the key market driver?

    The demand for differentiated in-car experiences is one of the major factors driving the market.
  • How big is the APAC market

    The APAC region will contribute 72% of the market share.

Related Reports on Consumer Discretionary Include:

  • Music and Video Market by Type, Platform, and Geography – Forecast and Analysis 2020-2024- The music and video market size has the potential to grow by USD 137.93 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes
  • Automotive Electronic Control Unit Market by Application and Geography – Forecast and Analysis 2020-2024– The automotive electronic control unit market size has the potential to grow by USD 10.94 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and get FREE sample report in minutes

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Analog Devices Inc., Cirrus Logic Inc., Infineon Technologies AG, Maxim Integrated Products Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., STMicroelectronics NV, Texas Instruments Inc., and Toshiba Electronic Devices & Storage Corp. are some of the major market participants. The demand for differentiated in-car experiences will offer immense growth opportunities. In a bid to help players strengthen their

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