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Automotive On-board Diagnostics (OBD) Market Will Register a CAGR of almost 17% during 2020-2024 | Technavio 2 min read

automotive

Automotive On-board Diagnostics (OBD) Market Will Register a CAGR of almost 17% during 2020-2024 | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive on-board diagnostics (OBD) market and it is poised to grow by USD 34.83 bn during 2020-2024, progressing at a CAGR of almost 17% 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 on-board diagnostics (obd) market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

Based on segmentation by Product, which is the leading segment in the market?

Allied Services led the product segment of the automotive OBD market.
What are the major trends in the market?

Growing focus on remote diagnostics and the increase of electronic content in vehicles are key trends in the market.
At what rate is the market projected to grow?

The market will grow at a CAGR of almost 17% during 2020-2024.
Who are the top players in the market?

Autel Intelligent Technology Co., Continental AG, Daimler Trucks North America LLC (Detroit Diesel Corp.), DENSO Corp., Innova Electronics Corp., Intel Corp., Robert Bosch GmbH, TomTom International BV, Vector Informatik GmbH, and Verizon Communications Inc. are some of the key vendors in the market.
What is the key market driver?

The introduction of regulations mandating the installation of OBD systems is one of the significant factors that drive market growth.
How big is the APAC market?

35% of the market growth will originate from APAC.

Related Reports on Consumer Discretionary Include:

On-Board Diagnostics Telematics Market by Type and Geography – Forecast and Analysis 2020-2024- The on-board diagnostics telematics market size has the potential to grow by USD 1.74 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. Autel Intelligent Technology Co., Continental AG, Daimler Trucks North America LLC (Detroit Diesel Corp.), DENSO Corp., Innova Electronics Corp., Intel Corp., Robert Bosch GmbH, TomTom International BV, Vector Informatik GmbH, and Verizon Communications Inc. are some of the

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Automotive On-board Diagnostics (OBD) Market Will Register a CAGR of almost 17% during 2020-2024 | Technavio – Press Release 2 min read

automotive

Automotive On-board Diagnostics (OBD) Market Will Register a CAGR of almost 17% during 2020-2024 | Technavio – Press Release

[email protected]_84 2 months ago

LONDON–(Business Wire)–Technavio has been monitoring the automotive on-board diagnostics (OBD) market and it is poised to grow by USD 34.83 bn during 2020-2024, progressing at a CAGR of almost 17% 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/20201123005350/en/

Technavio has announced its latest market research report titled Global Automotive On-board Diagnostics (OBD) Market 2020-2024 (Graphic: Business Wire)

Click & Get Free sample report in minutes

Impact of COVID-19

Frequently Asked Questions:

Based on segmentation by Product, which is the leading segment in the market?

Allied Services led the product segment of the automotive OBD market.
What are the major trends in the market?

Growing focus on remote diagnostics and the increase of electronic content in vehicles are key trends in the market.
At what rate is the market projected to grow?

The market will grow at a CAGR of almost 17% during 2020-2024.
Who are the top players in the market?

Autel Intelligent Technology Co., Continental AG, Daimler Trucks North America LLC (Detroit Diesel Corp.), DENSO Corp., Innova Electronics Corp., Intel Corp., Robert Bosch GmbH, TomTom International BV, Vector Informatik GmbH, and Verizon Communications Inc. are some of the key vendors in the market.
What is the key market driver?

The introduction of regulations mandating the installation of OBD systems is one of the significant factors that drive market growth.
How big is the APAC market?

35% of the market growth will originate from APAC.

Related Reports on Consumer Discretionary Include:

On-Board Diagnostics Telematics Market by Type and Geography – Forecast and Analysis 2020-2024- The on-board diagnostics telematics market size has the potential to grow by USD 1.74 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. Autel Intelligent Technology Co., Continental AG, Daimler Trucks North America

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Global Automotive Composites Market Report 2020: Market is Forecast to Register Growth of Approx. 4.7% During the Period 2019-2026 – Press Release 2 min read

automotive

Global Automotive Composites Market Report 2020: Market is Forecast to Register Growth of Approx. 4.7% During the Period 2019-2026 – Press Release

[email protected]_84 2 months ago

Dublin, Nov. 20, 2020 (GLOBE NEWSWIRE) — The “Global Automotive Composites Market 2020: Industry Convergence Powering the Sector” report has been added to ResearchAndMarkets.com’s offering.

The analysis indicates that the global automotive composites market is slated to register a moderate single-digit growth of approximately 4.7% in terms of revenue during the period 2019-2026.

The ever-tightening regulations and emission standards have propelled automotive electrification growth, driving a surge in electric vehicle (EV) sales in the recent past, amid continued weakness in conventional internal combustion engine OCE, vehicle sales. Rapid electrification is expected to have a significant impact on composites material-mix, as well as application dynamics.

The global analysis of the automotive composites market quantifies the consumption of polymeric composites for automotive applications, and intends to gauge the level of impact that industry developments and trends – including tightening standards, evolving regulations, upsurge in electric vehicle (EV) sales, and increasing shift in consumer preferences – are expected to have on the uptake of composites and the demand for individual materials during the period 2019-2026. The study also presents historical volumes and revenues across segments for the period 2016-2019.

The study analyzes the automotive composites market focusing on 2 key material types, namely thermoplastic composites and thermoset composites. Furthermore, the study analyses the overall automotive composites market on the basis of reinforcing fiber types through 3 segments, namely glass fiber reinforced polymer (CFRP), carbon fiber reinforced polymer (CFRP), and natural fiber reinforced polymer (NFRP).

On the basis of applications, the study comprises 3 key segments, namely interior, exterior, and under-the-hood (UTH). The study covers each of the 2 material type segments (thermoplastics and thermosets) on the basis of fiber types and applications. It also quantifies the consumption of each of these segment types on the basis of a robust methodology, comprising analysis of the regional automotive production, average vehicle weight, uptake of individual composites, and prospects for individual materials during the forecast period.

While the global automotive market continued to grapple with faltering sales in the past year and a half, the spread of COVID-19 across the world and the entailing supply- and demand-side disruptions are expected to result in a sharp plunge in the overall automotive production and, hence, the composites demand in the short term. Global automotive sales are expected to plummet by more than 20% in 2020 from that in 2019.

Although the market is expected to recover from 2021, the sales volumes are slated to surpass 2019 volumes during the second half of the forecast period. However, the ever-stringent fuel efficiency- and emissions-related regulations are expected to continue driving the uptake of light-weight materials, including composites for a wide range of automotive applications. Moreover, rapid electrification is expected to have a significant impact on material-mix of composites, as well as application dynamics.

While the average weight of conventional metals such as steel and aluminum is on the decline, the use of advanced grades of these metals has been on an upward trend, especially in structural applications. Plastics and composites

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At 6.4% CAGR, Automotive Coatings Market Size Set to Register 35.82 billion USD by 2026 2 min read

automotive

At 6.4% CAGR, Automotive Coatings Market Size Set to Register 35.82 billion USD by 2026

[email protected]_84 2 months ago

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

Nov 13, 2020 (Market Insight Reports) —
Selbyville, Delaware According to the research report titled ‘Automotive Coatings Market Share, Size, Trends & Industry Analysis Report by Technology Type By Product Type By Resin By Regions: Segments & Forecast, 2019 – 2026’, available with Market Study Report LLC, global automotive coatings market is expected to grow with a CAGR of 6.4% during 2019-2026, subsequently amassing USD 35.82 billion by the year 2026.

Application of coatings to prevent car paints from UV radiation, heat, acid rain, and dust along with its ability to improve the aesthetic appeal of the vehicles are major factors driving the growth of global automotive coatings market. Consumer inclination towards adopting products which offer high efficiency and comply with environmental regulations are also fueling the market size.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2963741/?utm_source=Marketwatch.com&utm_medium=AG

Technological advancements have enabled for development of coatings with reduced manufacturing cost and better corrosion protection. Thus, rising adoption of innovative and advanced products is augmenting global automotive coatings industry remuneration.

As per technology type, the market is segmented into powder coating, solvent-borne, water-borne, and others. Based on product landscape, global automotive coatings market is bifurcated into basecoat, clearcoat, and primer. Moving on to resin type, the industry is split into acrylic, polyurethane, epoxy, and others.

From the regional point of view, Asia-Pacific is predicted to emerge as a major revenue generator for worldwide automotive coatings industry by the year 2026. Concentration of major automobile production units in tandem with increasing number of automakers in India as well as in Southeast Asia are facilitating the business scenario in Asia-Pacific. Apart from this, increasing R&D investments and focus towards developing automotive coatings with improved performance are favoring the regional market outlook.

On the other hand, North America automotive coatings market size is predicted to expand substantially during the estimated timeframe, with U.S. and Canada being the major revenue generators. High number of well-established automakers along with increasing production of vehicles in Canada are augmenting the regional demand for automotive coatings, which in turn is swaying the market dynamics forward in North America.

Axalta Coating Systems, Kansai Paints Co. Ltd., PPG Industries Inc., Nippon Paint, Beckers Group, Bayer AG, KCC Paint, Valspar Corp., AkzoNobel, Sherwin-Williams Company, Arkema SA, BASF SE, Berger Paints India Ltd., Cabot Corp., Clariant AG, Lord Corp., Eastman Chemical Co., DSM, Solvay S.A., and Jotun A/S are the key participants in global automotive coatings market.

Question & Answer: Automotive Coatings Market

Question 1: What factors are fueling the growth of worldwide automotive coatings industry?

Answer: Application of coatings to prevent car paints from UV radiation, heat, acid rain, and dust along with its ability to improve the aesthetic appeal of the vehicles are major factors driving the growth of global automotive coatings market.

Question 2: Why is North America automotive coatings industry witnessing rapid expansion?

Answer: High number of well-established automakers along with increasing production of vehicles in Canada are

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New York DMV | How to register a vehicle 2 min read

vehicle

New York DMV | How to register a vehicle

[email protected]_84 5 months ago

This page was updated for COVID-19.

Register and title a passenger or commercial car, truck, motorcycle or SUV

You must register your vehicle

You or your business must register and title any vehicle you own or lease. Registrations do not need to be in the owner’s name, or for only one person. When you purchase a new vehicle through an auto dealership, the auto dealer can register and title the vehicle, and issue plates (and charge a fee for this).

Office procedures have changed due to COVID-19.

We recommend you conduct your DMV business at the office or by mail in the County where you are a resident.

See instructions and reservation information for your county

See more information about registering different types of vehicles and special situations.

Step 1: Get your vehicle insured

You must register your vehicle at the DMV within 180 days of the effective date on your insurance ID card.

Learn more about NY State Insurance Requirements.

Step 2: Gather the required documents

See what documents you need to register

Complete DMV’s Document Guide for a full checklist of the the correct proofs of identification and other documents you need before you come to a DMV office.

DMV Document Guide for Registrations

Here is more information about what you will need

a completed Application for Vehicle Registration (PDF) (MV-82)
a completed Statement of Transaction – Sale or Gift of a Motor Vehicle, Trailer, All-Terrain Vehicle (ATV), Vessel (Boat), or Snowmobile (PDF) (DTF-802)
your New York State License/Non-Driver ID (must be current or not expired for more than 2 years) or other acceptable proof for New York State vehicle registrations or title certificates
Bill of sale and proof of sales tax payment/sales tax form
Original title (or other proof of ownership) – see acceptable proofs of ownership
Payment of fees and taxes or proof of an exemption
The current NY State Insurance ID card (auto liability insurance) – see NY State Insurance Requirements

Step 3: Submit your required documents to the DMV

Office procedures have changed due to COVID-19.

We recommend you conduct your DMV business at the office or by mail in the County where you are a resident.

See instructions and reservation information for your county

Step 4: Get these documents from the DMV

We will give (or mail within 1-2 weeks) these documents when you register

1 or 2 vehicle plates (unless you transfer a registration from another vehicle registered in New York)
registration window sticker
registration document
10-day inspection extension sticker (if you did not get the vehicle from a New York State auto dealer)

If applicable, we will also send you a new title certificate (within 90 days).

Step 5: Get your vehicle inspected

All vehicles registered in New York State must get a safety inspection at a DMV-licensed inspection station

every 12 months
when the ownership of the vehicle is transferred

Learn more about inspection requirements.

Fees and payment types

Fees

The fees depend on the vehicle weight and where you live. First-time registration fees normally

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TxDMV.GOV – Register Your Vehicle 2 min read

vehicle

TxDMV.GOV – Register Your Vehicle

[email protected]_84 9 months ago

How to Register

Your vehicle must have a current passing inspection to qualify for vehicle registration.

Vehicles may be registered in the following ways:

Online

Renew Your Registration Online and Receive a $1.00 Discount!

Your vehicle registration may be renewed online 90 days before the expiration date or up to six months after the expiration date, if you have not received a citation for expired registration. Your expiration month will not change.

There is a two business day payment processing hold before your sticker is printed. Please allow up to three weeks for processing and mailing.

You can track the status of your registration sticker by visiting www.txdmv.gov/track.

Renew Your Registration Online!

By Mail

Registration renewal notices are mailed to all registered vehicle owners. To register by mail, send the following to your county tax office:

Renewal notice (keep the vehicle owner’s section for your records)

A copy of your Vehicle Inspection Report (VIR) – (a copy can be obtained at www.mytxcar.org)

Proof of current liability insurance

All fees listed on your renewal notice (please see FEES tab for more information)

In Person

To register your vehicle in person, take your registration renewal notice and proof of current liability insurance to your county or an approved substation.

If you did not receive your renewal notice, you can renew your registration using your:

License plate number

Vehicle identification number, or

Registration receipt from the previous year.

Most inspection records are available in real time, but there may be instances when the record is not immediately available. If your vehicle passed inspection but the system is unable to electronically verify it, you may present the passing VIR you received from the inspection station to the county at the time of renewal. If you need to show proof of inspection to complete your vehicle’s registration renewal, visit www.mytxcar.org to download, display electronically, or print a copy of the document. Your inspection will be verified manually, and you will be permitted to renew your vehicle registration.

Some counties allow renewals at substations or subcontractors, such as a participating grocery store. If you are renewing your registration at a county subcontractor location, such as your local grocery store, they may not accept your VIR as proof of inspection. Each county determines whether their subcontractors can verify inspection via VIR. If a subcontractor is not permitted to verify via VIR, you will be directed to the county tax office to complete your renewal.

Acceptable forms of payment vary by county. Contact your county tax office for more details.

Fees

Cars and Light Trucks

The standard fee for cars and lighter pickup trucks is a base registration fee of $50.75.

Pickup Trucks

Motor vehicles 6,001 to 10,000 pounds, which includes heavier pickup trucks, pay a $54 base registration fee.

Heavy Vehicles

Heavy vehicles, including heavy-duty pickups, motor homes and commercial trucks, will find their registration fees fall into seven weight classifications between 6,001 pounds and 80,000 pounds.

Trailers

Trailer and

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vehicle

Register a vehicle in Alberta

[email protected]_84 9 months ago

Overview

Vehicles on a public roadway in Alberta must have valid insurance and a Vehicle Registration Certificate. The vehicle you’re registering must be in Alberta.

A vehicle can be either a motor vehicle, such as a car or truck, or a non-motor vehicle such as a trailer.

If you have any outstanding fines, you won’t be able to register a vehicle. If you choose to pay your fines online first, you must wait a couple days for the payment to process before you can renew online.

Vehicle Registration Certificate details

A Vehicle Registration Certificate has:

the name of the registered owner
a description of the vehicle
the Vehicle Identification Number (VIN)
licence plate type
licence plate number

Eligibility

A person age 18 or older can register a vehicle by themselves. A person under age 18 who is not self-supporting or married must have consent from their parent or guardian to register a vehicle for the first time. The person providing consent will sign the consent at the registry agent office.

If you are temporarily staying in Alberta for less than 183 days, and your vehicle is registered in another jurisdiction, you don’t have to register your vehicle.

If you are a new resident of Alberta, you must change your registration to an Alberta registration within 90 days of moving to Alberta.

Registering a vehicle on behalf of someone else

If you can’t go to a registry office, another person can apply for a vehicle registration, renewal, cancellation or transfer on your behalf. The person requesting the service on your behalf must bring:

your proof of ownership document, proof of valid insurance, and their ID
a completed Authorization for Vehicle Services form, signed by you Authorization for Vehicle Services (PDF, 171 KB)

Register your vehicle

To register a vehicle, you must go to a registry agent with the following:

proof of ownership document, such as a lease, bill of sale, probated will or letters of administration.
proof of valid insurance for the vehicle that includes the name(s) of the person(s) requesting the registration.
acceptable identification.
an out-of-province, salvage or commercial inspection (if applicable)
- if you are registering a used vehicle in Alberta for the first time, you may require an inspection if the vehicle was purchased outside of Alberta

Registration period

Passenger, motorcycle and off-highway vehicle registrations are issued for a minimum of 1 year to a maximum of 2 years.

Registering a commercial vehicle

There are additional registration requirements for commercial vehicles.

A commercial vehicle transports people or goods and is not used only as a private passenger vehicle.

There are 3 classes of licence plates that apply to commercial carriers in Alberta. These plates are different from the ones used on personal vehicles. Each commercial licence plate allows a carrier to perform a particular type of work.

Class 1 plates

Used for:

Transporting goods owned by the owner or another person for compensation
Passenger transportation, including school bus, charter bus and taxi operations

Class 2 plates

Used for:

Transporting

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Register and title a passenger or commercial car, truck, motorcycle or SUV

You must register your vehicle

Step 1: Get your vehicle insured

Step 2: Gather the required documents

See what documents you need to register

Here is more information about what you will need

Step 3: Submit your required documents to the DMV

Step 4: Get these documents from the DMV

Step 5: Get your vehicle inspected

Fees and payment types

Fees

How to Register

Online

By Mail

In Person

Fees

Cars and Light Trucks

Pickup Trucks

Heavy Vehicles

Trailers

Overview

Vehicle Registration Certificate details

Eligibility

Registering a vehicle on behalf of someone else

Register your vehicle

Registration period

Registering a commercial vehicle

Class 1 plates

Class 2 plates

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