#Europe Automotive Telematics Market Size
Text
European Automotive Telematics Market Will Reach USD 37,249.8 Million by 2030
The European automotive telematics market is witnessing growth and is projected to reach USD 37,249.8 million by 2030. This development of the industry can be credited to the increasing demand for advanced security features in vehicles, armed with the presence of helpful government guidelines.
In the past few years, the embedded category produced the highest income in the European automotive telematics industry, when divided based on product type. Additionally, the embedded category is also projected to lead in the future as well, mainly because of the mandates of the European Union (EU) to include the necessary passenger security solutions in vehicles.
In recent years, on the basis of channel, the OEMs category generated the revenue share in the European automotive telematics industry. The category is also projected to be the fastest-growing one during the projection period. OEMs are aggressively encouraging telematics in low- and medium-end car models, which is certainly being welcomed by customers.
In recent years, the European automotive telematics industry has been predominantly influenced by passenger cars when categorized by vehicle type. The strong sales performance of passenger cars, combined with growing consumer demand and regulatory requirements for safety and security functionalities, has resulted in the prevailing dominance of this segment in the market. Nevertheless, there is an anticipated substantial share for the commercial vehicle category in the forecast period.
This is attributed to the increasing adoption of the Next-Generation Telematics Protocol (NGTP) to enhance telematics service delivery and the imposition of stringent government regulations mandating the incorporation of vehicle tracking features in commercial vehicles, contributing to the market's growth in this specific category.
One of the key trends being observed in the European automotive telematics industry is the partnerships and companies among system providers, OEMs, telematics solution workers, and other stakeholders. Such corporations are aimed at attaining access to the present knowledge of the acquired businesses and advancing their portfolio with the addition of an attractive suite of items and services.
As of 2022, Masternaut Ltd., a subsidiary of the Michelin Group, entered into a lasting agreement with Fraikin SAS, a European commercial vehicle fleet service provider. In this collaboration, Masternaut will deliver connected fleet management tools and services to Fraikin's fleet of 3,000 online order delivery vehicles operating in the United Kingdom.
The growing need for advanced security features in cars and well-organized road traffic is the key reason propelling the development of the European automotive telematics industry. Road traffic, serious wounds, and demises are a few unfavorable results of road transport, with human mistakes being one of the biggest reasons for road accidents.
#Europe Automotive Telematics Market Share#Europe Automotive Telematics Market Size#Europe Automotive Telematics Market Growth#Europe Automotive Telematics Market Applications#Europe Automotive Telematics Market Trends
0 notes
Text
Automotive Power Electronics Market - Forecast(2024–2030)
Automotive Power Electronics Market Overview
Automotive Power Electronics Market Size is valued at $5.4 Billion by 2030, and is anticipated to grow at a CAGR of 4.2% during the forecast period 2024 -2030. The automotive power #electronics market is experiencing significant growth, driven #primarily by the increasing demand for #electric vehicles (EVs). This surge is fueled by a global shift towards sustainable transportation and stringent emission #regulations. The rapid #technological advancements in #semiconductor materials and power management solutions are enhancing the efficiency and performance of automotive power electronics, thereby #accelerating market expansion.
Additionally, consumer preferences are evolving towards vehicles that offer better energy efficiency, safety, and convenience, all of which are enabled by sophisticated power electronic systems. Manufacturers are investing heavily in research and development to innovate and stay competitive in this dynamic market. Furthermore, government incentives and subsidies for EVs are further propelling the adoption of automotive power electronics. This market trajectory is expected to continue its upward trend, as the integration of power electronics in vehicles becomes more prevalent, aligning with the broader goals of energy conservation and environmental sustainability.
Sample Report:
COVID-19/Russia-Ukraine War Impact
The COVID-19 pandemic significantly disrupted the automotive power electronics market, initially causing production halts and supply chain disruptions. As factories shut down and demand for vehicles plummeted, manufacturers faced challenges in maintaining operations and meeting financial targets. However, the pandemic also accelerated the adoption of electric vehicles (EVs), driven by increased awareness of environmental issues and government incentives. This shift spurred innovations in power electronics, essential for EVs’ efficiency and performance. Consequently, despite short-term setbacks, the industry experienced a renewed focus on developing advanced power electronics solutions, paving the way for long-term growth and resilience in a post-pandemic era.
The Russo-Ukraine War has significantly impacted the automotive power electronics sector, primarily through disruptions in the supply chain and fluctuations in raw material prices. The conflict has caused instability in the region, affecting the production and transportation of essential components like semiconductors and rare earth metals, crucial for power electronics. This disruption has led to increased costs and delays, compelling manufacturers to seek alternative sources and adjust their supply chains. Additionally, the economic sanctions imposed on Russia have further strained international trade relations, exacerbating the challenges faced by the automotive industry. Consequently, companies are re-evaluating their strategies to mitigate risks and ensure resilience in their operations, focusing on diversifying suppliers and investing in local manufacturing capabilities to reduce dependency on geopolitically sensitive regions.
Inquiry Before Buying:
Automotive Power Electronics Market
The report “Automotive Power Electronics Market Forecast (2024–2030)”, by Industry ARC, covers an in-depth analysis of the following segments of the Automotive Power Electronics Market:
By Component: Microcontroller Unit, Power Integrated Circuit, Sensors, Others
By Vehicle Type: Passenger Cars, Commercial Vehicles
By Electric Vehicle Type: Battery Electric Vehicles, Hybrid Electric Vehicles, Plug-In Hybrid Electric Vehicles
By Application: Powertrain & Chassis, Body Electronics, Safety & Security, Infotainment & Telematics, Energy Management System, Battery Management System
By Geography: North America (USA, Canada, and Mexico), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Malaysia, and Rest of APAC), and Rest of the World (Middle East, and Africa)
Key Takeaways
Asia-Pacific dominated the Automotive Power Electronics market with a share of around 50% in the year 2023.
The automotive industry’s need to meet stricter safety regulations and reduce emissions, coupled with rising consumer demand for electric vehicles, will propel the growth of the automotive power electronics market throughout the forecast period.
Apart from this, thrust to equip vehicles with advanced power solutions is driving the growth of Automotive Power Electronics market during the forecast period 2024–2030.
For More Details on This Report — Request for Sample
Automotive Power Electronics Market Segment Analysis — By Vehicle Type
The demand for automotive power electronics in passenger cars is escalating due to government initiatives promoting the integration of advanced electronics. This surge is driven by policies aimed at enhancing vehicle efficiency, safety, and environmental performance. For instance, in March 2024, the European Union introduced new regulations mandating the inclusion of advanced driver-assistance systems (ADAS) in all new cars, significantly boosting the need for sophisticated power electronics. Similarly, the U.S. government has increased funding for electric vehicle (EV) infrastructure, encouraging automakers to incorporate more power-efficient electronic components. Additionally, China’s recent tax incentives for electric and hybrid vehicles, announced in January 2024, have accelerated the adoption of power electronics to improve performance and range. These initiatives are fostering innovation and production of cutting-edge electronic components, such as inverters and onboard chargers, essential for modern passenger cars. As a result, automotive manufacturers are increasingly investing in power electronics to comply with regulations, meet consumer expectations, and gain a competitive edge in the evolving market.
Schedule a Call :
Automotive Power Electronics Market Segment Analysis — By Electric Vehicle Type
The demand for automotive power electronics in hybrid electric cars is rapidly increasing due to the global imperative to decarbonize the transport sector and reduce reliance on fossil fuels. Governments worldwide are implementing stringent regulations and incentives to promote the adoption of hybrid and electric vehicles. In January 2024, the European Union introduced enhanced subsidies for hybrid vehicle purchases, coupled with stricter emission standards, significantly boosting the market for power electronics. Similarly, the U.S. launched the “Clean Transport Initiative” in April 2023, providing substantial tax breaks and grants for hybrid car manufacturers to innovate and scale up production. Additionally, Japan’s latest energy policy, announced in February 2024, includes a comprehensive plan to phase out internal combustion engines, further propelling the demand for hybrid vehicles equipped with advanced power electronics. These components, such as power inverters, converters, and battery management systems, are essential for enhancing the efficiency and performance of hybrid electric cars. As a result, automotive companies are accelerating investments in power electronics technology to meet regulatory requirements, cater to consumer preferences, and contribute to a sustainable future.
Automotive Power Electronics Market Segment Analysis — By Geography
On the basis of geography, Asia-Pacific held the highest segmental market share of around 50% in 2023, The Asia-Pacific region is the largest market for automotive power electronics, driven by high vehicle production rates and the increasing adoption of advanced electronics in automobiles. Countries like China, Japan, and South Korea are leading in vehicle manufacturing, with major automakers integrating sophisticated power electronic components to enhance vehicle efficiency and performance. For example, in March 2024, Toyota introduced a new hybrid model equipped with cutting-edge power electronics, significantly improving energy management and fuel efficiency. Similarly, BYD in China launched an electric vehicle series in February 2024, featuring advanced inverters and converters, which contribute to extended driving ranges and faster charging times. These innovations reflect the region’s robust focus on technological advancements and sustainable transportation solutions. The strategic partnerships between automotive giants and technology firms, such as Hyundai’s collaboration with LG Electronics to develop next-generation battery management systems in April 2023, further underscore the region’s leadership in this sector. This confluence of high production volumes and technological integration ensures that the Asia-Pacific market remains at the forefront of automotive power electronics development.
Buy Now:
Automotive Power Electronics Market Drivers
The rising market for the electric vehicles is the key factor driving the growth of Global Automotive Power Electronics market
The growing demand for automotive power electronics is being significantly driven by the expanding electric vehicle (EV) market. As global initiatives to reduce carbon emissions intensify, consumers and manufacturers alike are shifting towards EVs, which rely heavily on power electronics for various critical functions. These components, including inverters, converters, and battery management systems, are essential for optimizing the performance, efficiency, and range of electric vehicles. Automakers are ramping up production of EVs, incorporating advanced power electronics to meet regulatory standards and consumer expectations for sustainability and high performance. The technological advancements in power electronics are also enabling faster charging, improved energy management, and enhanced vehicle safety, further boosting their demand. Consequently, the automotive industry is experiencing a surge in innovation and investment in power electronics to support the burgeoning EV market, positioning it as a pivotal element in the future of transportation.
Automotive Power Electronics Market Challenges
The high cost of electric vehicles is expected to restrain the market growth
The high cost of electric vehicles (EVs) negatively impacts the automotive power electronics market by limiting consumer adoption and market growth. Despite the technological advancements and environmental benefits of EVs, their higher price compared to traditional vehicles remains a significant barrier. This cost premium is largely due to expensive components such as batteries and advanced power electronics systems, including inverters and converters, which are essential for EV functionality. As a result, potential buyers are often deterred by the initial investment required, slowing the transition to electric mobility. Consequently, manufacturers face challenges in achieving economies of scale, which further drives up costs. This cyclical issue restricts market expansion and inhibits broader implementation of power electronics innovations, ultimately stalling progress towards widespread EV adoption and the associated benefits of reduced emissions and improved energy efficiency in the automotive sector.
Automotive Power Electronics Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Automotive Power Electronics Market. The key companies in the Automotive Power Electronics Market are:
STMicroelectronics N.V.
Infineon Technologies AG
Fuji Electric Co., Ltd.
NXP Semiconductors N.V.
Renesas Electronics Corporation
Toshiba Corporation
Mitsubishi Electric
Huawei Digital Power
Robert Bosch GmbH
Hitachi Energy
Recent Developments
In May 2022, STMicroelectronics joined forces with Microsoft to make development of highly secure IoT devices easier.
In March 2023, Infineon Technologies announced the acquisition of GaN Systems, a global leader in gallium nitride (GaN)-based power conversion solutions. This move strengthened Infineon’s position in the market.
For more Automotive Market reports, please click here
0 notes
Text
Commercial Vehicle Accessories Market ruling majority of the Aftermarket Automotive Accessories Market
The Commercial Vehicle Accessories Market is a dominant force within the broader Aftermarket Automotive Accessories Market, driven by the increasing demand for enhanced vehicle functionality, safety and aesthetics. With the rising global fleet of commercial vehicles, particularly in emerging economies, the demand for specialized accessories such as telematics systems, cargo management solutions, lighting and safety features is rising. This market encompasses various products and services, including vehicle tracking systems, custom interiors, performance-enhancing parts and external accessories like mud flaps and roof racks.
The Commercial Vehicle Accessories Market has skyrocketed to a market cap of USD 94.88 Billion last year in 2023. This market is experiencing a CAGR of 6.30% which has driven its potential by the increase in demand for essential accessories such as interior upgrades, safety equipment and technological advancements in commercial vehicles.
Some of the Prominent Companies in the Commercial Vehicle Accessories Market are :-
Robert Bosch - Europe (Germany)
Denso - Asia (Japan)
Magna International - North America (Canada)
ZF Friedrichshafen - Europe (Germany)
Hyundai Mobis - Asia (South Korea)
Aisin Seiki - Asia (Japan)
Faurecia - Europe (France)
Lear - North America (USA)
Valeo - Europe (France)
Thyssenkrupp - Europe (Germany)
BASF - Europe (Germany)
Panasonic Automotive - Asia (Japan)
Gestamp - Europe (Spain)
Commercial Vehicle Accessories Market Segmentation
Product by Type Coverage (Includes Market Size, Products by Segment, its Type and Influence) :-
Driveline & Powertrain
Interiors & Exteriors, Electronics
Bodies & Chassis
Seating
Lighting
Wheel & Tires
Market Application in Commercial Vehicle Accessories Market:-
OEMs
Aftermarket
The Commercial Vehicle Accessories Market is segmented by Type and by Application, actors, stakeholders and the other members associated with the Commercial Vehicle Accessories Marketplace who can benefit from consuming the included content as a useful and powerful resource. The report consists of 162 pages of comprehensive data points that are segregated from different key regions around the world.
When it comes to commercial vehicles, the right accessories can make all the difference. Whether it's boosting performance, enhancing safety, or just making the ride more comfortable, the Commercial Vehicle Accessories Market offers a wide range of products designed to meet the unique needs of different industries.
Applications: OEMs vs. Aftermarket
Let’s start by breaking down where these accessories come from. There are two main sources:
OEMs (Original Equipment Manufacturers): These are the accessories that come directly from the vehicle’s manufacturer. They’re built to fit perfectly and work seamlessly with your vehicle. Think of these as the “official” parts that come pre-installed when you buy a new truck or van.
Aftermarket: This is where things get interesting. The aftermarket offers a huge variety of accessories that you can add or upgrade after you’ve bought your vehicle. Whether you’re looking for a better sound system, stronger tyres, or a high-tech navigation system, the aftermarket has it all. Plus, it often offers more options and better prices than OEMs.
Contact Us :
Report Prime - [email protected]
Browse more reports :
Automotive Heat Shields Market Overview
Automotive Parts Zinc Die Casting Market Growth and Restraints
Automotive Fuse Market Size
Sidewall Hovercraft Market and Military Hovercraft Market
Amphibious Hovercraft Market | Light Hovercraft Market
Automotive Hydraulic Systems Market Cap
Fire Block Foam Market Cap
Boron Phosphide Market Forecast [2023-2030]
Market Research by Report Prime.
#CommercialVehicleAccessoriesMarket #CommercialVehicles #CommercialVehicleAccessoriesMarketSize #CommercialVehicleAccessoriesMarketGrowth #VehicleAccessories #CommercialVehicleAccessoriesTrends #CommercialVehicleAccessoriesMarketOppportunities #OEM #Aftermarket #Denso #RobertBosch #MagnaInternational #Continental #ZFFriedrichshafen #AutomotiveIndustry #AutomobileIndustry #AutomotiveMarket #AutomobileMarket
0 notes
Text
Smartphone 3D Camera Market Current Scenario and Future Prospects by 2032
Smartphone 3D Camera Market provides in-depth analysis of the market state of Smartphone 3D Camera manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smartphone 3D Camera in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Smartphone 3D Camera Market Report:
The report offers a comprehensive and broad perspective on the global Smartphone 3D Camera Market.
The market statistics represented in different Smartphone 3D Camera segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Smartphone 3D Camera are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Smartphone 3D Camera.
Major stakeholders, key companies Smartphone 3D Camera, investment feasibility and new market entrants study is offered.
Development scope of Smartphone 3D Camera in each market segment is covered in this report. The macro and micro-economic factors affecting the Smartphone 3D Camera Market
Advancement is elaborated in this report. The upstream and downstream components of Smartphone 3D Camera and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/smartphone-3d-camera-market-100574
Global Growth Insights
Web: https://www.globalgrowthinsights.com
Our Other Reports:
Coil Coatings MarketMarket Growth Rate
Ceria MarketMarket Forecast
Global Piezo Benders MarketMarket Size
Digital Refractometers MarketMarket Growth
Facial Aesthetics MarketMarket Analysis
Lifting Columns MarketMarket Size
Global Enterprise Architecture Software MarketMarket Share
Global Intra-Aortic Balloon Pump (IABP) MarketMarket Growth
Nootkatone MarketMarket
Exterior Insulation and Finish System (EIFS) MarketMarket Share
3D Printing Powder MarketMarket Growth Rate
E-Commerce Of Agricultural Chemicals Products MarketMarket Forecast
Global Automotive Telematics MarketMarket Size
AI based Edge Computing Chip MarketMarket Growth
Diesel Common Rail Injection System MarketMarket Analysis
Augmented and Virtual Reality (AR VR) MarketMarket Size
Global Bioplastics MarketMarket Share
Global AI for Pharma and Biotech MarketMarket Growth
HVAC Software MarketMarket
Hydrogen Electrolyzers MarketMarket Share
Vessel Energy Storage System MarketMarket Growth Rate
Specific Polylactic Acid (PLA) MarketMarket Forecast
Global Dental Practice Management Software MarketMarket Size
Ultra-High Molecular Weight Polyethylene (UHMWPE) MarketMarket Growth
Audio Communication Monitoring MarketMarket Analysis
Frozen food MarketMarket Size
Global Hermetic Reciprocating Compressor MarketMarket Share
Global Essential Oil & Aromatherapy MarketMarket Growth
Aerospace Parts Manufacturing MarketMarket
Mens Suits MarketMarket Share
Document Automation Software MarketMarket Growth Rate
Enteral Feed Device MarketMarket Forecast
Global Solid State Battery MarketMarket Size
Potassium Bicarbonate MarketMarket Growth
Global Electronic Health Records (EHR) MarketMarket Analysis
Timer Boards MarketMarket Size
Global Durezol MarketMarket Share
Global LIV Test System MarketMarket Growth
Tumor Electric Field Therapy Apparatus MarketMarket
Intramucosal Implants MarketMarket Share
0 notes
Text
5G IoT Market - Forecast(2024 - 2030)
5G IoT Market Overview
The 5G IoT Market size is forecast to reach $40.5 billion by 2026, growing at a CAGR 61% from 2022 to 2026. Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector has been eventually driving the need for 5G IoT. Rising demand for connected cars equipped with advanced in-vehicle infotainment and telematics system along with increasing penetration of advanced communication infrastructure in healthcare sector to optimize surgical robots, asset tracking, telemedicine, remote health monitoring are some of the prime factors driving the global 5G IoT Market. Furthermore, with growing adoption of precision farming, agricultural drones and greenhouse automation, global 5G IoT has gained a huge traction. Rise in adoption of IoT and artificial intelligence (AI) to develop fully connected smart cities offering high speed data transmission and data analytics as a part of improving real-time monitoring is analyzed to drive the market in future years.
5G IoT Market Report Coverage
The report: “5G IoT Industry Outlook – Forecast (2022-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the 5G IoT Industry.
By Solution: Hardware, Cellular Connectivity, Software, Services
By Organization Size: SME, Large Enterprises
By Radio Technology: 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture
By Range: Short Range 5G IoT devices, Wide Range 5G IoT devices
By Application: Predictive Maintenance, Business Optimization, Asset Tracking and Management, Logistics & Supply Chain Management, Automation Control and Management, Others
By End Users: Manufacturing (Medical & Pharmaceutical, Chemical, Food & Beverage, FMCG, Metal, Machinery & Equipment, Semiconductor & Electronics, Others), Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities, Others
By Geography: North America (US, Canada, Mexico), Europe (Germany, U.K, France, Spain, Italy, Others), APAC (China, Japan, Malaysia, Thailand, South Korea, Philippines, Hong Kong, Others), South America (Brazil, Argentina and others), RoW (Middle East and Africa)
Request Sample
Key Takeaways
5G New Radio Standalone architecture is analyzed to witness highest growth in the 5G IoT Market during 2022-2026 owing to increased performance, super-fast response times and faster access to higher data rates.
APAC 5G IoT Market held the largest share in 2021, attributing to factors like rising demand for more reliable connectivity and more bandwidth between devices among manufacturers as a part of optimizing smart industrial operations including process automation, remote monitoring, collaborative robots, predictive analytics, augmented reality, additive manufacturing.
Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector along with rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system are analyzed to significantly drive the global 5G IoT Market during the forecast period 2022-2026.
5G IoT Market Segment Analysis- By Radio Technology
By radio technology, 5G IoT Market has been segmented into 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture. 5G New Radio Standalone Architecture is analyzed to grow with the highest CAGR of 72% during the forecast period 2022-2026. As compared to 5G non-standalone architecture, standalone architecture acts as a more efficient solution, which includes increased performance, better flexibility, and reduced complexity, attributing to its market growth. Rising adoption of connected cars, immersive media, automated guided vehicles or cobots control need super-fast response times and faster access to higher data rates, which is enabled by SA architecture, and thus such beneficiary capabilities of 5G standalone technology are boosting its market growth. In May 2021, Swisscom announced its plans to strengthen its long-term strategic partnership commitment to Ericsson with a deal including 5G Standalone (SA) rollout. This 5G SA is analyzed to enable Swisscom to deliver superior network performance and new use cases comprising logistics, energy, factory, mining, and airport and so on. Such factors are further set to propel the market growth of 5G IoT Market in the long run.
Inquiry Before Buying
5G IoT Market Segment Analysis- By End Users
By end users, 5G IoT market has been segmented into Manufacturing, Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities and Others. Automotive sector is analyzed to witness the highest growth with a CAGR 70% during 2022-2026. The demand for future mobility and automated driving coupled with enhanced multimedia and infotainment features in the car is attributing to the market growth. Rising investment towards infotainment solutions with 5G connectivity for seamless and delay-free video and music streaming along with the integration of weather forecasts, or information on the current traffic situation is another prime factor contributing towards market growth. Expansion of digital infrastructure is set to lead to a huge increase in data in the automotive sector. According to a report published by Acta Verba, in advanced connected cars, the data flow is to reach 1 GB per vehicle per day, and it will further explode by 30 times to 1 TB of data per vehicle, per month, by 2025. This creates a need for significantly more bandwidth and faster data processing capabilities close to end users and mobile devices at the digital edge, and such factors are contributing towards expansion of 5G IoT Market. In December 2021, Volkswagen announced the deployment of Nokia’s industrial-grade private 5G wireless network at the company’s main plant in Wolfsburg, Germany. This development was done to help the facility achieve real-time connectivity for IoT sensors, connected vehicles and machinery, supporting intelligent networking of production robots and wireless assembly tools. Such factors are set to drive the market forward in the coming years.
5G IoT Market Segment Analysis- By Geography
By Geography, 5G IoT Market has been segmented into North America, Europe, APAC, South America and Others. APAC dominated the 5G IoT Market with a share of 34% in 2021, owing to burgeoning demand for next-generation high-speed mobile internet among manufacturers in this region for more reliable connectivity and more bandwidth between devices. Rising partnerships between telecom operators and IoT network providers in APAC region with an aim to enable enterprises running more automated, productive, sustainable and safer businesses with harmonized service level agreements, while providing real-time insights is resulting in speedy expansion of the market. Although 4G can accommodate Industry 4.0 capabilities, 5G is analysed to be the true accelerator for digitalization and the key to implementing features like IoT, advanced robotics and remote machine control, and augmented/virtual reality (AR/VR) to enterprises, with the manufacturing and energy sectors taking the lead in its adoption. According to GSMA, APAC 5G Industry Community is formed by 12 Contributing members and the existing IoT community and 5G emerging market community with over 500 members in more than 30 countries with an aim to build a platform for people who are passionate about 5G benefits to industries and enterprises, to connect with peers and share their knowledge, requirement, and build the ecosystem to support each other to drive businesses forward with the new technologies in APAC. Furthermore, growing investment towards smart city infrastructure, equipped with advanced security features for real-time surveillance, large scale monitoring by local authorities and backed up by analytics, Artificial Intelligence (AI), Internet-of -Things (IoT) and data-driven insights is one of the key factors driving its market growth within the region. In January 2022, Qualcomm announced collaboration with Cybertrust Japan Co., Ltd. and SB Technology Corp. through the Qualcomm IoT Services Suite offering to proliferate smart Cities and 5G IoT solutions in Japan. This collaboration was done to explore projects with Qualcomm Smart Cities Accelerator Program ecosystem members and develop smart solutions for use cases across smart cities, smart campuses, smart parking, smart energy-management, smart security, smart factories, and more in this country. Such developments are set to create significant growth opportunities for the market during 2022-2026.
Schedule a Call
5G IoT Market Drivers
Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector are impacting the market growth
Increasing penetration of advanced technologies like predictive maintenance, data analytics, digital twins and others as a part of improving business insights for greater operational efficiency, better product quality, optimized supply chain performance and so on acts as major factor driving the market growth towards 5G IoT Market. The burgeoning demand for predictive maintenance in manufacturing sector leveraging critical communication infrastructure provides data analysis tools and techniques, which are used to monitor equipment condition for regular operational wear and tears, and such factors are analyzed to elevate the 5G IoT Market. Furthermore, rising investments towards connected asset monitoring enabling real-time asset data analysis assists in providing a powerful tool for productivity improvement, which in turn can also aid the market growth overtime. 5G’s enhanced bandwidth compared with other wireless communications technologies help robots and cobots to be monitored and updated in real-time as the environment changes. 5G’s low latency allows for actions to be monitored close to real-time, and such benefits of 5G are propelling the growth of the market. In November 2021, Huawei and China Mobile jointly deployed 5G enabled manufacturing solutions powered by mobile edge computing (MEC) at Haier’s smart factories. Haier is leveraging advanced technologies like artificial intelligence and machine vision at seven smart factories in China and has planned to expand in 20 factories by the end of 2022. Such new development is set to fuel the market growth in the long run.
Rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system drives its market forward
Growing demand for connected cars equipped with advanced in-vehicle infotainment and telematics system act as a major driver boosting its market growth. The enhanced bandwidth of 5G New Radio enables richer infotainment and more immersive in-car entertainment experiences. Adoption of multi-access edge computing (MEC) platform puts processing power at the edge of the network, for faster gaming and higher quality video. Such beneficiary capabilities of 5G IoT is analyzed to positively impact the market growth overtime. Furthermore, with the substantial growth of C-V2X technology, 5G network for C-V2X infrastructure for use on on-board platforms is evolving. The rise in adoption of advanced driver assistance system (ADAS), equipped with on-board sensors, is also set to significantly trigger the growth of 5G IoT Market. Rising investments towards autonomous driving (AD) with an aim to harmonize and accelerate the introduction of intelligent transport and communication solutions is augmenting the growth of the market. According to the Economic Times, connected car shipments in the U.S. is expected to cross 80 million units during 2020 to 2025, growing at a CAGR of 10%. They moreover state that 5G cars will account for 27% of the market by 2025. In August 2021, Honda collaborated with Verizon to explore how Verizon 5G Ultra Wideband and 5G Mobile Edge Computing (MEC) can ensure fast, reliable communication between road infrastructure, vehicles and pedestrians. Verizon’s 5G and MEC platforms bring the power of the cloud closer to the vehicle, lowering latency, offering massive bandwidth, and improving communications and connectivity between drivers, other cars, traffic lights, pedestrians and emergency vehicles to improve threat detection and avoid accidents. Such developments are analyzed to propel the 5G IoT Market growth in the coming years.
5G IoT Market Challenges
High infrastructure cost related with 5G deployment and coverage hinders its market growth
5G offers a significant increase in speed and bandwidth, but its more limited range requires further infrastructure. 5G antennas and base stations are smaller in the 5G era, but more of them would have to be installed on buildings or homes to compensate for their shorter range. Cities need to install extra repeaters to spread out the waves and extend range, while also maintaining consistent speeds in more densely populated areas, and thus, deployment of additional infrastructure requires high cost, which in turn create a negative impact on the growth of the market. A small tower and 5G cell site costs $30,000–$50,000 and due to such high costs small and medium enterprises are not opting for 5G. Investments needed in key components for a 5G network coverage includes spectrum, sites, power distribution and resilient strength fibre. Such factors have been creating an adverse impact on its market growth.
Buy Now
5G IoT Market Landscape
Product innovations, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the 5G IoT Market. 5G IoT top 10 companies include:
Qualcomm
Ericsson
Nokia Corporation
Samsung Electronics Co. Ltd.
AT&T Inc.
Verizon Communications Inc.
Vodafone Group Plc
Telefonica S.A.
Deutsche Telekom
SK Telecom
Recent Developments
In November 2021, Samsung announced about the launch of its latest automotive chip solutions, the Exynos Auto T5123 for 5G connectivity to enhance smarter and more connected automotive technologies for enriched in-vehicle experiences including entertainment, safety and comfort and other critical features on the road. This product is specifically designed to bring fast and seamless 5G connectivity in both standalone (SA) and non-standalone (NSA) mode to the next generation of connected cars.
In October 2021, Ericsson announced about the launch of end-to-end time critical communication for real time 5G experiences such as cloud gaming, AR/VR, and unlock new ones in remote control, mobility automation, and industrial control. With the launch of its new Critical IoT product, Ericsson is enhancing its 5G capabilities ensuring consistent low latency and high reliability demanded by time-critical applications and services for consumers, enterprises, and public sector.
In August 2021, Qualcomm announced about the launch of Qualcomm Flight RB5 5G Platform to offer both 5G and AI-capabilities for delivering a solution which will drive the next generation of high-performance, low-power, 5G drones. With this launch, Qualcomm combines heterogeneous, low-power computing and camera systems with AI, and long-range connectivity such as 5G, and Wi-Fi 6 to bring together the unparalleled power of 15 TOPS with advanced imaging capabilities and drone-to-drone communication.
#5G IoT Market#5G IoT Market Share#5G IoT Market Size#5G IoT Market Forecast#5G IoT Market Report#5G IoT Market Growth
0 notes
Text
Data Acquisition Market Size, Share, Demand, Growth and Forecast 2024-2032
Data Acquisition Market provides in-depth analysis of the market state of Data Acquisition manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Data Acquisition in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Data Acquisition Market Report:
The report offers a comprehensive and broad perspective on the global Data Acquisition Market.
The market statistics represented in different Data Acquisition segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Data Acquisition are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Data Acquisition.
Major stakeholders, key companies Data Acquisition, investment feasibility and new market entrants study is offered.
Development scope of Data Acquisition in each market segment is covered in this report. The macro and micro-economic factors affecting the Data Acquisition Market
Advancement is elaborated in this report. The upstream and downstream components of Data Acquisition and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/data-acquisition-market-101469
Global Growth Insights
Web: https://www.globalgrowthinsights.com
Our Other Reports:
Global Data Acquisition Market Share
Adaptive Optics Market Forecast
Segmented Ball Valves Market Size
Drone Services Market Growth Rate
Cable Raceway Systems Market Analysis
Virtual Reality Gaming Market Share
Constant Voltage Led Driver Market Growth
Die-cast aluminum alloy Market
Global Mobile Robotics Market Size
Global Train Communication Gateways Systems Market Growth
Industrial Casters Market Forecast
Global Dry Fruit Market Share
Release Liner Market Growth Rate
Urea Formaldehyde Concentrate (UFC) Market Size
Domestic Booster Pump Market Share
Cyanamide (CAS 420-04-2) Market Analysis
Biological Chip Market
Home Meal Replacement Industry Market Growth
Global Irreversible Electroporation Ablators Market Growth
Global Flexible AC Transmission Systems (FACTS) Market Size
Global Identity Management Solutions Market Share
Mineral Wool Market Forecast
Electronic Grade Hydrofluoric Acid Market Size
Building-integrated Photovoltaics Market Growth Rate
Intelligent Video Analytics (IVA) Market Analysis
Artificial Intelligence in Manufacturing and Supply Chain Market Share
Smart Fabrics and Textiles Market Growth
Microplate Reader Market
Global Automotive Telematics Market Size
Global Spherical Silica Powder Market Growth
Application Management Services Market Forecast
Global Garage Door Replacement Parts Market Share
Broadband Network Gateway (BNG) Market Growth Rate
B2B Publishing Market Size
Urometer Market Share
Event Management Software Market Analysis
Welded Wire Mesh Panel Market
Atomic Force Microscope (Afm) Market Growth
Global Interactive Projector Market Growth
Global Karaoke App Market Size
#Data Acquisition Market Size#Data Acquisition Market Share#Data Acquisition Market Trends#Data Acquisition Market Industry#Data Acquisition Market Growth
0 notes
Text
Exploring the Growth and Insightful Analysis of the Vehicle Analytics Market
Overview and Scope
Vehicles analytics is an analytical technique that also provides road condition inspection, information related to vehicle counting, tracking, speed detection, incorrect direction detection, and brand detection. It is used to track real-time information from the vehicles and gain real-time insights about the current state of the vehicle and related operating activities.
Sizing and Forecast
The vehicle analytics market size has grown exponentially in recent years. It will grow from $3.19 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 22.6%. The growth in the historic period can be attributed to telematics adoption, safety and security concerns, predictive maintenance, regulatory compliance, urbanization and traffic management..
The vehicle analytics market size is expected to see exponential growth in the next few years. It will grow to $8.49 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/vehicle-analytics-global-market-report
Segmentation & Regional Insights
The vehicle analytics market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment Model: On-Premises, On-Demand
3) By Application: Predictive Maintenance, Warranty Analytics, Traffic Management, Safety And Security Management, Driver And User Behaviour Analysis, Dealer Performance Analysis, Infotainment, Usage-Based Insurance, Road Charging
4) By End-User: Original Equipment Manufacturers (OEMs), Service Providers, Automotive Dealers, Fleet Owners, Regulatory Bodies, Insurers
North America was the largest region in the vehicle analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vehicle analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6398&type=smp
Major Driver Impacting Market Growth
The growing dominance of connected vehicles is significantly contributing to the growth of the vehicle analytics market. Connected vehicles are the type of vehicles that are capable of connecting to nearby devices to communicate over networks. Growing connected vehicles are resulting in the rising need for vehicle analytics to offer various features such as warranty analytics, predictive maintenance, dealer performance analysis, and others.
Key Industry Players
Major companies operating in the vehicle analytics market report are SAP SE, International Business Machines Corporation, Microsoft Corporation, Genetec Inc., Cloud Made Ltd., Harman International Industries Inc., Teletrac Navman, Agnik LL, Pivotal Software Inc., SAS Institute Inc.
The vehicle analytics market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
0 notes
Text
Connected Cars Market Opportunities, Challenges, Strategies and Forecasts by 2031
The “Connected Cars Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Connected Cars market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business. Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Connected Cars market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.
Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Connected Cars market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Connected Cars Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.
Report Attributes
Details
Segmental Coverage
By Type
4G/LTE
3G
2G
Bluetooth and others
Others
Geography
Navigation
Telematics and Infotainment
Others
Regional and Country Coverage
North America
US
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of APAC
South / South & Central America
Brazil
Argentina
Rest of South/South & Central America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
Market Leaders and Key Company Profiles
Google Inc., Tesla, Inc., AUDI AG, BMW AG, Volvo Car Corporation, Robert Bosch GmbH, Delphi Automotive LLP, DENSO CORPORATION, AT&T Inc., Vodafone Group PLC. , and other key companies
Competitive Landscape
Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Connected Cars market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.
Key Coverings:
Current and Future Market Estimates- Connected Cars Market Share, CAGR, and Forecast | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation Contributing Market Growth
Need a Customized Market Research Report?
You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.
The following are some customizations our clients frequently ask for:
The Connected Cars market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Key Questions Addressed in the Connected Cars Market Research Include:
What are present Connected Cars market values, and what can be expected in the upcoming decade?
What are the key segments in the Connected Cars market?
What is the regional distribution of the Connected Cars market report?
What are the key players and their recent strategies?
What are the key factors driving Connected Cars market growth?
What are regulatory concerns and requirements businesses have to compel?
Author’s Bio:
Shital Wagh
Senior Market Research Expert at The Insight Partners
0 notes
Text
Intelligent Transport Systems Market Analysis, Trends, Forecast, 2024-2034
Intelligent Transport Systems Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Intelligent Transport Systems Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate, CAGR, consumption, import/export, supply/demand, cost, market share, and gross margin. In addition, This Report study offers a comprehensive study of the key market dynamics and their latest trends, along with applicable market segments and sub-segments.
The Intelligent Transport Systems Market report profiles the successive companies, which includes: -
Redflex Holdings Limited
THALES Company
Garmin International Inc.
BAE SYSTEMS PLC Company
NORTHROP GRUMMAN CORPORATION
Kapsch Trafficcom AG.
A specific study of competitive landscape of the global Intelligent Transport Systems Market has granted, providing insights into the corporate profiles, financial standing, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a transparent program to reader’s concern regarding the general market situation to further choose on this market projects.
Get Sample Copy of this Report @ https://www.reportsintellect.com/sample-request/2868160
This report studies the global Intelligent Transport Systems Market status and forecast, categorizes the global Intelligent Transport Systems Market size (value & volume), revenue (Million USD), product price by manufacturers, type, application, and region. Intelligent Transport Systems Market Report by Material, Application and Geography with Global Forecast to 2030 is a connoisseur and far-reaching research provide details associated with world’s major provincial economic situations, Concentrating on the principle districts (North America, South America Europe, and Asia-Pacific) and the crucial nations (United States, Germany, United Kingdom, Japan, South Korea, and China).
Reports Intellect analysts are currently working analyzing and incorporating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for various businesses and industries to cope up with this unprecedented downturn and take effective strategic decisions to thrive and proliferate in the ever competitive business ecosystem.
By Types:
Advanced Traffic Management System
Advanced Traveler Information System
Advanced Vehicle Control System
Commercial Vehicle Operation
Advanced Public Transportation System
By Applications:
Fleet Management
Traffic Monitoring Systems
Traffic Signal Control Systems
Automotive Telematics
Traveler Information
Market Segment by Regions, regional analysis covers
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Get Discount On the Purchase of This Report @ https://www.reportsintellect.com/discount-request/2868160
Reasons why you should buy this report
· Understand the Present and future of the Intelligent Transport Systems Market in both Established and emerging markets.
· The report assists in realigning the business strategies by accentuate the Intelligent Transport Systems business priorities.
· The report throws light on the segment expected to dominate the Intelligent Transport Systems industry and market.
· Forecasts the regions expected to perceive ascension.
· The newest developments within the Intelligent Transport Systems industry and details of the industry leaders alongside their market share and methods.
· Saves time on the entry level research as the report contains principal data concerning about growth, size, leading players and segments of the industry.
· Save and cut time carrying out entry-level research by characterizing the growth, size, leading players and segments within the global Market.
About Us :-
Reports Intellect is your one-stop solution for everything associated with market research and market intelligence.
Our exhausting team works hard to fetch the best authentic research reports backed with impeccable data figures that guarantee outstanding results anytime for you.
So, whether it is the newest report from the researchers or a custom requirement, our team is here to assist you within the absolute best manner.
Contact Us:
[email protected]
PH - + 1-706-996-2486
US Address:
225 Peachtree Street NE,
Suite 400,
Atlanta, GA 30303
#Intelligent Transport Systems Market#Intelligent Transport Systems Market forecast#Intelligent Transport Systems Market analysis#Intelligent Transport Systems Market trends
1 note
·
View note
Text
Motor Racing Telematics (MRT) Market - Forecast And Analysis, 2023-2027
Originally published on Technavio: Motor Racing Telematics (MRT) Market By Application, Type and Geography - Forecast And Analysis 2023-2027
The motor racing telematics (MRT) market is currently undergoing thorough research and analysis, focusing on various aspects such as applications, types, and geographical dynamics, with a forecast spanning from 2023 to 2027. This research aims to provide valuable insights into the factors driving market growth and shaping the adoption of MRT solutions across different regions.
One key aspect being studied is the diverse range of applications of motor racing telematics. These applications may include vehicle performance monitoring, real-time data analytics, driver behavior analysis, and predictive maintenance, among others. Motor racing teams and automotive manufacturers utilize MRT solutions to enhance performance, optimize strategies, and improve safety in racing events. Understanding the specific applications of MRT is essential for predicting market trends and identifying growth opportunities within the motorsport industry.
Moreover, the study delves into the different types of MRT solutions available in the market. These solutions may include onboard telemetry systems, vehicle-to-vehicle communication systems, cloud-based analytics platforms, and predictive maintenance software. Each type of MRT solution offers unique features and benefits for motor racing teams, automotive manufacturers, and other stakeholders. The forecast evaluates adoption trends of these solutions, providing insights into the factors influencing market demand and growth trajectories.
Geographically, the analysis covers key regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Each region presents unique opportunities and challenges for the MRT market, influenced by factors such as motorsport culture, technological infrastructure, regulatory frameworks, and economic conditions. The forecast evaluates regional trends in market size, growth prospects, and competitive landscape, offering valuable insights for stakeholders seeking to expand their presence in specific geographic markets.
The growth of the MRT market is driven by factors such as the increasing demand for real-time data analytics in motorsport, advancements in sensor and communication technologies, and the growing popularity of connected racing solutions. Additionally, the rise of electric and autonomous vehicles in motorsport presents new opportunities for MRT providers to innovate and develop specialized solutions. The analysis explores how these factors shape market dynamics and drive adoption of MRT solutions in the motorsport industry.
To Learn deeper into this report , View Sample PDF
In conclusion, the MRT market analysis for the period 2023-2027 provides a comprehensive overview of applications, types, and geographical dynamics. By understanding the factors influencing market trends and growth opportunities, stakeholders can make informed decisions to capitalize on emerging opportunities and drive innovation in the competitive landscape of motor racing telematics.
For more information please contact.
0 notes
Text
Automotive Sensors Market, Share, Size, Future Trends, Industry Analysis, Forecast and Outlook – 2030
Automotive Sensors Market
The market research report provides a comprehensive analysis of the industry, with a specific focus on the Automotive Sensors Market. It examines the size, growth rate, and major trends within the Automotive Sensors Market, offering valuable insights into its current state and future prospects. The report explores the significance of Automotive Sensors in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Automotive Sensors, providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Automotive Sensors Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Automotive Sensors Market and their unique characteristics. Overall, the market research report equips businesses operating in the Automotive Sensors Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.
Request Free Sample Report @ https://www.vertexbusinessinsights.com/request-sample/59/automotive-sensors-market
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.
Key Market Segmentation
Global Automotive Sensors Market - By Type
Temperature Sensors
Pressure Sensors
Speed Sensors
Level/Position Sensors
Magnetic Sensors
Gas Sensors
Inertial Sensors
Global Automotive Sensors Market - By Application
Powertrain
Body Electronics
Vehicle Security Systems
Telematics
Global Automotive Sensors Market - By Vehicle Type
Passenger Cars
Commercial Vehicles
Global Automotive Sensors Market - By Region
North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Middle East and Africa
South America
Ask Queries @ https://www.vertexbusinessinsights.com/enquiry/59/automotive-sensors-market
Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Significant growth of the food & beverage and pharmaceutical industries
4.3 Restraints
4.4 Opportunities
4.4.1 Growing personal care and cosmetics industry in the developing countries
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global Automotive Sensors Market
5 Global Automotive Sensors Market, By Type
5.1 Introduction
5.2 Temperature Sensors
5.3 Pressure Sensors
5.4 Speed Sensors
5.5 Level/Position Sensors
5.6 Magnetic Sensors
5.7 Gas Sensors
5.8 Inertial Sensors
6 Global Automotive Sensors Market, By Application
6.1 Introduction
6.2 Powertrain
6.3 Body Electronics
6.4 Vehicle Security Systems
6.5 Telematics
7 Global Automotive Sensors Market, By Vehicle Type
7.1 Introduction
7.2 Passenger Cars
7.3 Commercial Vehicles
8 Global Automotive Sensors Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Vendor Share Analysis, 2020
9.4 Recent Developments, 2018-2021
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Product Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.
10.1 DENSO Corporation
10.2 Infineon Technologies AG
10.3 Robert Bosch GmbH
10.4 Texas Instruments Inc.
10.5 Sensata Technologies Holding PLC
10.6 Aptiv PLC (Delphi Automotive)
10.7 CTS Corporation
10.8 Maxim Integrated Products Inc.
10.9 NXP Semiconductors NV
10.10 Analog Devices Inc.
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
Continue…
ABOUT US:
Vertex Business Insights is one of the largest collections of market research reports from numerous publishers. We have a team of industry specialists providing unbiased insights on reports to best meet the requirements of our clients. We offer a comprehensive collection of competitive market research reports from a number of global leaders across industry segments.
CONTACT US
Phone:
+ (210) 775-2636 (USA)
+ (91) 853 060 7487
0 notes
Text
RF Cable Assemblies Market Key Companies and Analysis, Top Trends by 2032
The Global RF Cable Assembly Market is expected to grow at a booming CAGR of 6.2% for 2023-2030
Definition of RF Cable Assemblies: RF cable assemblies are essential components used in the transmission of radio frequency signals. They consist of coaxial cables, connectors, and often adapters, designed to transmit RF signals with minimal loss and interference.
Market Size and Growth: The RF cable assemblies market has experienced steady growth over the years, driven by increasing demand for wireless communication, mobile devices, IoT (Internet of Things) applications, and advancements in telecommunications technology. The market size is influenced by factors such as the expansion of 5G networks, the automotive industry's adoption of RF technologies, and the aerospace and defense sector's requirements for high-performance RF cable assemblies.
Key Applications: RF cable assemblies find applications in various industries, including:
Telecommunications: For cellular networks, base stations, and mobile devices.
Aerospace and Defense: In radar systems, communication systems, and military equipment.
Automotive: Used in vehicle infotainment systems, GPS, and telematics.
Healthcare: In medical devices like MRI machines and patient monitoring systems.
Industrial: For automation and control systems.
Market Segmentation: The RF cable assemblies market can be segmented based on various factors:
Product Type: Coaxial cables, connectors, adapters, and assemblies.
Frequency Range: Different assemblies are designed for specific frequency ranges (e.g., sub-6 GHz, millimeter-wave).
End-user Industry: Telecom, aerospace, automotive, healthcare, and others.
Region: North America, Europe, Asia-Pacific, and other regions.
Market Drivers:
5G Technology: The rollout of 5G networks requires advanced RF cable assemblies to support high-speed data transmission and low latency.
IoT Growth: The proliferation of IoT devices and applications drives demand for RF connectivity solutions.
Miniaturization: Smaller, lighter, and high-performance RF cable assemblies are needed for portable and wearable devices.
Emerging Technologies: The adoption of technologies like autonomous vehicles and smart cities creates opportunities for RF components.
Challenges:
Price Pressure: Intense competition can lead to price pressures in the market.
Regulatory Compliance: Compliance with industry standards and regulations is essential.
Supply Chain Disruptions: Events like the COVID-19 pandemic can disrupt the supply chain.
Competitive Landscape: Key players in the RF cable assemblies market include companies like Amphenol Corporation, TE Connectivity, Molex, Inc., and Pasternakz Enterprises, among others.
Future Outlook: The RF cable assemblies market is expected to continue growing as wireless technologies advance. Future developments may include innovations in materials, connectors, and designs to meet the evolving needs of various industries and applications.
Receive the FREE Sample Report of RF Cable Assemblies Market Research Insights @ https://stringentdatalytics.com/sample-request/rf-cable-assemblies-market/2023/
Market Segmentations:
Global RF Cable Assemblies Market: By Company
• Pasternack
• TE Connectivity
• Amphenol RF
• Mouser
• Molex
• Rosenberger
• W.L. Gore
• Samtec
• Radiall
• Lighthorse Technologies
Global RF Cable Assemblies Market: By Type
• Connector
• Plug
• Switch
• Others
Global RF Cable Assemblies Market: By Application
• Automotive
• Transportation Electronics
• Military/Aerospace
• Telecom/Datacom
• Consumer Electronics
• Others
Regional Analysis of Global RF Cable Assemblies Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global RF Cable Assemblies market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Click to Purchase RF Cable Assemblies Market Research Report @ https://stringentdatalytics.com/purchase/rf-cable-assemblies-market/2023/
Key Report Highlights:
Market Size and Growth: The report would likely start by providing an overview of the RF cable assemblies market's size, including historical data and growth trends up to 2032.
Key Players: It would identify and profile key players in the RF cable assemblies market, including manufacturers, suppliers, and distributors.
Market Segmentation: The report may break down the market into various segments based on factors such as product type (coaxial cables, connectors, adapters), application (telecommunications, aerospace, automotive, healthcare, etc.), and region.
Market Trends: It would discuss current trends and developments in the RF cable assemblies market, such as the adoption of advanced materials, miniaturization, and the impact of emerging technologies like 5G.
Market Drivers: The report might highlight the factors driving the growth of the RF cable assemblies market, including increased demand for high-speed data transmission and connectivity.
Market Challenges: It could also discuss challenges faced by the industry, such as pricing pressures, regulatory compliance, and competition.
Regional Analysis: The report would likely provide a regional analysis, outlining market conditions and trends in different geographic areas, including North America, Europe, Asia-Pacific, and others.
Competitive Landscape: An assessment of the competitive landscape would be included, highlighting the market share of major players and their strategies for growth.
Market Opportunities: The report might identify emerging opportunities in the RF cable assemblies market, such as expanding into new applications or geographic regions.
Future Outlook: A summary of the market's future outlook and growth projections, including anticipated trends and challenges, could be included in the report.
Report includes Competitor's Landscape:
➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the RF Cable Assemblies?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for RF Cable Assemblies?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?
Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team ([email protected]), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1 346 666 6655 to share your research requirements.
Enquiry Before Buying @ https://stringentdatalytics.com/inquiry/rf-cable-assemblies-market/2023/
Our More Reports:
Bluetooth RF System on a Chip Market
Ion Sensors Market
Wireless Network Test Equipment Market
About Stringent Datalytics
Stringent Datalytics offers both custom and syndicated market research reports. Custom market research reports are tailored to a specific client's needs and requirements. These reports provide unique insights into a particular industry or market segment and can help businesses make informed decisions about their strategies and operations.
Syndicated market research reports, on the other hand, are pre-existing reports that are available for purchase by multiple clients. These reports are often produced on a regular basis, such as annually or quarterly, and cover a broad range of industries and market segments. Syndicated reports provide clients with insights into industry trends, market sizes, and competitive landscapes. By offering both custom and syndicated reports, Stringent Datalytics can provide clients with a range of market research solutions that can be customized to their specific needs.
Reach US
Stringent Datalytics
+1 346 666 6655
Social Channels:
Linkedin | Facebook | Twitter | YouTube
0 notes
Text
Fueling Connectivity: Over-The-Air Software Updates in the IoT Era
In 2022, the global over-the-air software update market is anticipated to be worth US$ 4,713.4 million USD. With the rapid global spread of connected autos and their increasing dependency on software, the overall demand for over-the-air software updates is expected to expand at a CAGR of 16.6% between 2022 and 2032, totaling roughly US$ 21,867.1 Million by 2032.
Internet of things (IoT) is the internetworking of electronic devices, vehicles, buildings and other items through connected devices or smart devices. With the boom in IoT, the number and types of smart devices are growing and same is the case with software in these devices. Successively, there is increasing need for a way to distantly able to manage these devices. Over-the-air (OTA) is a standard for the communication and downloading of application related instruction in a wireless communication system.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2086
The wireless delivery of new software or data to the devices be it mobile, tablets or others without requiring a physical access to the device can be termed as over-the-air software update. While smartphones and laptops are quite common for remote over-the-air software updates other industries such as automotive and healthcare will eventually play a prime role providing opportunity for over-the-air software update market.
To support over-the-air software update, automobile manufacturers ought to have a backend software management solution. The control that can restrict the over-the-air software update to Wi-Fi or require the vehicle to be parked before updating or so on.
Global Over-the-Air Software Update Market: Drivers
Over-the-air software updates have significant economic advantages owing to the large cost saving compared to the existing manual approaches. Automakers can drastically reduce the cost of updating vehicle software in order to improve functionality or to fix issues.
They can address consumer demands for the latest cloud-based services, voice recognition, navigation, maps and other services, which is now updated through service appointments. The above mentioned factors are attracting the automakers to enhance their customer experience by adopting over-the-air software update technology driving the global over-the-air software update market.
Global Over-the-Air Software Update Market: Restraints
Cyber-security is the prime reason that act as a challenge for the key player that provide over-the-air software update decelerating the growth of over-the-air software update market. Few other challenges include code size of the microcontroller based application, robustness, bandwidth needs to be appropriate for the boot-loader to function appropriately and version management which act as a barrier for the key players to adopt new innovation impacting negatively the global over-the-air software update market.
Request Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-2086
Global Over-the-Air Software Update Market: Regional Outlook
North America and Western Europe are regionally having the prime client base who have already accepted this new innovation owing to the greater share regionally in global over-the-air software update market. APEJ and Japan are the regions which have potential for global over-the-air software update market due to the growing income of the population and many end-user verticals setting up their production facilities in these regions.
Global Over-the-Air Software Update Market: Competition Landscape
Key players of the global over-the-air software update market include Libelium Comunicaciones Distribuidas S.L., Harman International, WindRiver, Movimento, Aricent Inc., Autonet Mobile, Inc., Hitachi Automotive Systems Ltd. and Advanced Telematic Systems GmbH, Zeeis Technologies and Gemalto NV
The report covers exhaustive analysis on
Global Over-the-Air Software Update Market Segments
Global Over-the-Air Software Update Market Dynamics
Historical Actual Market Size, 2013 – 2015
Global Over-the-Air Software Update Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
Global Over-the-Air Software Update Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Global Over-the-Air Software Update Market Drivers and Restraints
Request for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-2086
Regional analysis for Global Over-the-Air Software Update Market includes
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa
Key Segments Covered in the Over-The-Air Software Update Industry Analysis
Over-The-Air Software Update Market by End-Use Vertical
Automobile Industry
Gaming Industry
Media and Entertainment Industry
Over-The-Air Software Update Market by Region
North America Over-The-Air Software Update Market
Latin America Over-The-Air Software Update Market
Europe Over-The-Air Software Update Market
Asia Pacific Excluding Japan Over-The-Air Software Update Market
Middle East & Africa Over-The-Air Software Update Market
0 notes
Text
5G IoT Modules Market Growth, Trend, and Prospects from 2023–2030
5G IoT Modules Market Growth
The 5G IoT Modules Market is expected to grow from USD 2.70 Billion in 2022 to USD 4.10 Billion by 2030, at a CAGR of 5.20% during the forecast period.
Get the Sample Report:https://www.reportprime.com/enquiry/sample-report/11306
5G IoT Modules Market Size
5G IoT modules facilitate the interconnection and data exchange among IoT devices and networks using 5G networks. The 5G IoT modules market research report provides insights into the market segments based on type, application, region, and market players. The types of 5G IoT modules include LGA Package, Mini PCIe Package, M.2 package, and others. The applications of 5G IoT modules include Asset Tracking, Automotive, Commercial Telematics, Payment, Remote Monitoring and Control, Smart Grid and Metering, Telehealth, and Others. The report covers regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe. Prominent market players in the 5G IoT modules market include Sierra Wireless, Telit, Thales, U-blox, Sequans Communications, Cavli Wireless, Sony, Quectel Wireless Solutions, SIMCom Wireless Solutions, Fibocom Wirelessinc, LongSung Technology, Neoway Technology, MeiG Smart Technology, GosuncnWelink Technology, and Huawei. Regulatory and legal factors are also critical elements that determine market conditions, including the legal environment, national and international regulations, government policies, and industry standards. These factors may affect market growth, innovation, and investment activities in the 5G IoT modules market.
5G IoT Modules Market Key Players
Mazor Key Player is listed in the 5G IoT Modules
Sierra Wireless
Telit
Thales
U-blox
Sequans Communications SA
Buy Now & Get Exclusive Discount on this:https://www.reportprime.com/enquiry/request-discount/11306
5G IoT Modules Market Segment Analysis
The 5G IoT Modules target market is a rapidly growing market driven by advances in wireless communication technology. The integration of 5G technology in IoT modules presents numerous opportunities for businesses to capitalize on new use cases, such as smart cities, smart homes, and autonomous vehicles.
Several factors are driving revenue growth of the 5G IoT Modules market, including the increasing demand for high-speed internet and low latency communication for IoT devices, rising adoption of 5G technology, and the rapidly expanding IoT industry. In addition, the growth of cloud computing services and the proliferation of connected devices are other factors that are driving the 5G IoT market.
One of the latest trends in the 5G IoT Modules market is the focus on security measures. With the increasing number of IoT devices connected to the network, safeguarding against cyber threats is becoming a top priority. As a result, IoT module providers are integrating advanced security features to protect against these threats.
Another major challenge facing the 5G IoT Modules market is the fragmentation among IoT platforms. With the proliferation of connected devices, numerous IoT platforms are available, making it challenging for companies to choose the right platform for their devices. The lack of standardization in the IoT industry and compatibility issues also pose significant challenges for companies desiring to deploy 5G IoT technology.
The report’s main findings indicate that the 5G IoT Modules market is experiencing significant growth due to the high-speed internet and low latency communication needs of IoT devices. Additionally, the report suggests that security concerns are a top priority for IoT module providers, and companies must invest in advanced security measures to protect against cyber threats. Lastly, the report recommends that standardization in the IoT industry is critical for companies to deploy 5G IoT technology efficiently.
In conclusion, the 5G IoT Modules market presents a significant opportunity for companies to leverage advanced wireless communication technology. However, they must navigate through industry fragmentation and prioritize security measures to take advantage of the growing market. The findings and recommendations of this report could assist companies in making informed decisions to deploy 5G IoT technology and capitalize on new opportunities.
This report covers impact on COVID-19 and Russia-Ukraine wars in detail.
Purchase This Report:https://www.reportprime.com/checkout?id=11306&price=3590
Market Segmentation (by Application)
Asset Tracking
Automotive
Commercial Telematics
Payment
Remote Monitoring and Control
Smart Grid and Metering
Telehealth
Others
Information is sourced from www.reportprime.com
0 notes
Text
Automotive Semiconductor Market Key Players & Growth Analysis
Automotive Semiconductor Market, by Component (Processor, Analog IC, Discrete Power, Sensor, and Memory), Vehicle Type (Passenger, LCV, and HCV), Fuel Type (Gasoline, Diesel, and Electric and Hybrid), Application and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global Automotive Semiconductor market size is projected to reach USD 60 billion by 2026 at a CAGR of 6.8% from USD 44 billion in 2021 during the forecast period 2021-2028.
Semiconductor is a substance in which physical and chemical property exists between those of a metal and a nonmetal. The most common semiconductor material is germanium and silicon. When used in automobiles like cars these are termed as automotive semiconductor. These are used in cars as a catalyst, in electronic circuits, led. More is the technological advancement in the cars more is the usage of semiconductors in them.
With the recent surge in demand for advanced safety features and comfort system along with the surge in vehicular production and the trend of electrification of vehicles are some of the factors that have supported long-term expansion for Automotive Semiconductor Market.
To Understand Business Strategies, Request for a Sample Report at: https://www.delvens.com/get-free-sample/automotive-semiconductor-market-trends-forecast-till-2028
Regional Analysis
Asia Pacific is expected to be the largest market during the forecast period.
Key Players
NXP Semiconductors N.V
Renesas Electronics Corp.
Infineon Technologies AG
STMicroelectronics N.V.
Robert Bosch GmbH
Texas Instruments, Inc.
ON Semiconductor Corp.
ROHM Co., Ltd.
Toshiba Corp.
Analog Devices Inc.
To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/automotive-semiconductor-market-trends-forecast-till-2028
Recent Developments
NXP Semiconductors and TSMC announced the release of NXP’s S32G2 vehicle network processors and the S32R294 radar processor into volume production on TSMC’s advanced 16 nanometer (nm) FinFET process technology
Renesas Electronics Corporation unveiled an innovative automotive gateway solution with R-Car S4 system on chips (SoCs) and power management ICs (PMICs) for next-generation vehicle computers, communication gateways, domain servers and application servers.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Automotive Semiconductor market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Get Direct Order of this Report: https://www.delvens.com/checkout/automotive-semiconductor-market-trends-forecast-till-2028
Report Scope
Automotive Semiconductor Market is segmented into Component, vehicle type, fuel type, application and geography.
On the basis of Material Type
Processor
Analog IC
Discrete Power Device
Sensor
Memory Device
Lighting Device
On the basis of Vehicle Type
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
On the basis of Fuel Type
Gasoline
Diesel
Electric/Hybrid Electric Vehicle (EV/HEV)
On the basis of Application
Powertrain
Safety
Body Electronics
Chassis
Telematics and infotainment
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact Us:
UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
The Automotive Semiconductor Market report answers a number of crucial questions, including:
Which companies dominate the Automotive Semiconductor Market?
What current trends will influence the market over the next few years?
What are the market's opportunities, obstacles, and driving forces?
What predictions for the future can help with strategic decision-making?
What advantages does market research offer businesses?
Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
What is the anticipated growth rate for the market economy globally?
0 notes
Text
Fleet Management Software Market - Forecast(2024 - 2030)
Fleet Management Software Market Overview
Fleet Management Software Market size is estimated to reach $94.5 billion by 2030
, growing at a CAGR of 19.4%
during the forecast period 2024-2030
. The Fleet Management Software solution provides authentic actionable data to aid automate fleet operations. To keep vehicles and other associated features performing smoothly, a fleet management solution offers data-based insights regarding safety, vehicle tracking, operations Management, passenger cars, and others. The significant transformation in the fleet management sector owing to digitalization, platformization and data-driven business models has driven the Fleet Management Software Industry. The rising adoption of Telematics software and hardware, enables fleet operators to seek complete fleet management lifecycle, starting from asset tracking, data capture, maintenance & repair to driver safety. Moreover, the emergence of the Fleet IoT market offers optimum and seamless connectedness across various assets, vehicles as well as mobile workforce management solutions to stream smart mobility
solutions. In addition to that, demand for location-based asset tracking solutions across warehouses and the overall supply chain hub are some of the factors that will drive the Fleet Management Software Market.
Additionally, sustainability and environmental concerns have led to the adoption of eco-friendly practices and the integration of electric vehicles into fleets. Cybersecurity has emerged as a critical focus area, with companies investing in robust security measures to protect sensitive fleet data from cyber threats. Overall, the Fleet Management Software Market continues to evolve, driven by technological innovations and the pursuit of operational efficiency, safety, and sustainability in fleet management practices.Fleet Management Software Market Report Coverage
The report: “Fleet Management Software Market
” – Forecast (2024-2030)”, by IndustryARC
covers an in-depth analysis of the following segments of the Fleet Management Software Market.By Deployment
: Cloud Based, On Premises and HybridBy Offerings
: Operation Management, Asset Management, Driver Management, Fuel management, Vehicle Maintenance & Leasing, Security and safety features , OthersBy End Users
: Power, Automotive, Mining, Oil and Gas, Aerospace and Defense, Utility, Logistics and Transportation and othersBy Geography
: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, Australia and Others), South America(Brazil, Argentina and others)and RoW (Middle east and Africa)
Request Sample
Key Takeaways
• The rising boom in e-commerce has accelerated the demand for effective operation of the logistic sector, which drives the growth of the Fleet Management Software Market.
• The demand for autonomous driving cars and Electric vehicles has grown exponentially, which drives the Fleet Management Software Market growth
• North America dominated the fleet management software market with a share of more than 41% in 2023, followed by Europe owing to the significant adoption of asset tracking devices across several end-verticals.Fleet Management Software Market Segment Analysis - By Deployment Types
By Deployment Types, the Fleet Management Software Market is segmented into Cloud Based, On Premises and Hybrid. The Cloud based segment is analyzed to register the highest share of 54% in 2023 due to the growing demand for operational efficiencies and to manage rising fuel prices, which needs innovative monitoring systems. In January 2022, Exide Technologies unveiled a cutting-edge cloud-based fleet management tool, Motion+ Fleet, designed to optimize warehouse operations by providing real-time data insights. This software empowers warehouse managers to enhance efficiency, maximize productivity, and streamline logistics operations. Therefore, the demand for smart fuel management program, enhanced mobility of passenger cars and other respective factors are accelerating the growth of the Fleet Management Software Market.
Inquiry Before Buying
Fleet Management Software Market Segment Analysis - By End Users
The Logistics and Transportation is analyzed to register the highest share of 56.4% in 2023 due to the growing demand of global trade activities, rapid E-commerce sectors surge and the emergence of cloud-based technologies for smart transportation. According to the Government of India report, Indian national and state highways account for a little over 5% of all road length but are responsible for more than 61% of traffic fatalities. Millions of cars drive through these roads every day, either managing the movement of goods exceeding a billion dollars or being used by industries like mining, construction, transport, and even public services. Rising cases of road accidents are anticipated to drive growth during the projected period. The augmentation of IoT solutions and developing connected networks are boosting the market growth. The technological innovations, advanced cellular System and various connected networks feasibility are contributing to the growth of the Fleet Management Software Market.Fleet Management Software Market Segment Analysis - By Geography
North America dominated the Fleet Management Software Market in 2023 with a share of 41.3%, followed by Europe owing to the significant adoption of asset tracking devices across several end-verticals. Moreover, the paradigm transformation to e-commerce from traditional retail stores has driven the demand for robust logistics support, thereby, accelerating the growth of Fleet Management Software Market. In October 2023, Volvo Trucks unveils Volvo Connect, an all-in-one fleet management portal offering digital services, analytics, and reports for enhanced fleet performance. This comprehensive solution streamlines operations, providing fleets with real-time insights and tools to optimize profitability and efficiency. Asia Pacific is estimated to witness the fastest growing market for the forecast period owing to the emerging competitive landscape, growing connected solution offerings and high demand of online shopping platforms. Hence, these market growth opportunities and performance across the telematics industry are contributing positively to the Fleet Management Software Market.
Fleet Management Software Market DriversRapid growth of e-commerce
The exponential rise of omnichannel shopping sectors for easy online shopping experience has influenced the supply and logistics sectors highly to adopt advanced IoT solutions, such as alarm systems, asset trackers, critical and complex fleet management software to meet the rising demand. In September 2022, Ford Pro™ introduced a comprehensive fleet management suite, streamlining operations with software solutions. This suite aims to simplify paperwork and data management for businesses, offering tools for fleet health monitoring, driver behavior analysis, and cost optimization. The logistic industry is completely based on the transformation of products to any part of the globe and thus, any interruption can cause disruption of performance. The rising boom in e-commerce has accelerated the demand for effective operation of the logistic sector, which drives the growth of the Fleet Management Software Market.
Schedule a Call
Rising demand of connected cars and EV-vehicles
In recent years, the demand for autonomous driving cars and Electric vehicles has grown exponentially. Hence, the rising demand of connected cars and EV-vehicles across the globe is accelerating the growth of Fleet Management Software Market to aim improved driver performance, remote fleet management access and real-time communication. More customers are inclined to buy ADAS enabled vehicles due to massive safety features, onboard connectivity and sensors and greener version of driving experience. In May 2023, Inseego launches new support portal to enhance fleet customer experience. Inseego's new support portal enhances fleet customer experience by simplifying request resolution. Fleet users create tickets for instant allocation to specialists, enabling efficient tracking. Therefore, the adoption of fleet management software solution owing to the several advantages are the factors that drive the growth of Fleet Management Software Market.
Fleet Management Software Market ChallengesBudget constraint for installing high-scale fleet software
To meet the growing demands in the logistic industry, the operators are trying to leverage more advanced fleet solutions like cloud-based software to manage wide-area coverage for better operation management. However, the tracking and follow-up of the fleet requires top standalone application or software-as-a-service solution, which is high-priced to prevent risk of cyber security and unauthorized access to the system. These factors are considered to hinder the growth of the Fleet Management Software Industry outlook.
Buy Now
Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Fleet Management Software Market. Fleet Management Software Market top 10 companies include Geotab Inc., ZF Friedrichshafen AG, Verizon Connect, Trimble Inc., Omnitracs, LLC, GPSTrackit, Zonar Systems, Inc., WorkWave LLC, Bridgestone Group, Samsara Inc. and among others.
Partnerships/Product Launches/Contracts
• In April 2023, Trimble introduced the industry's first dwell time metrics for fleet management, enhancing operational efficiency. Integrated into Trimble Fleet Manager, this innovation leverages Connected Locations, providing real-time insights to optimize fleet performance and logistics operations, catering to the demand for data-driven solutions in the Fleet Management Software Market.
• In February 2022, Chevin Fleet Solutions unveils FleetWave Lite software, designed to streamline fleet management processes. This user-friendly solution offers essential functionalities for efficient fleet operations, including asset tracking, maintenance scheduling, and cost management. FleetWave Lite aims to simplify fleet management tasks, catering to businesses seeking accessible and practical software solutions in the competitive Fleet Management Software Market.
#Fleet Management Software Market#Fleet Management Software Market Share#Fleet Management Software Market Size#Fleet Management Software Market Forecast
0 notes
Last Seen Blogs
kilzeroit
( bi but not it
yazamco
Yazamco
euskalsouvenirs
Euskal Souvenirs
chocho3694-blog
Sin título
tumbhm
美容日和