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To measure and display the speed of the vehicles speed-sensing gauge used in vehicles known as speedometer or speed meter. There are two types of speedometer mechanical speedometer and electronic speedometer. The speedometer cable attached to driving shaft of the vehicle, which is driven by engine. The drive shaft turns the wheels of the vehicle simultaneously rotate the magnet inside the cable, which produces the eddy current. Eddy current make the speed cup rotate that is indicates the speed of the vehicle.
Rapid increase the production of vehicles across the globe is major driving factors, which fuel the market of the automotive speedometer in forecast period. Increase in the road safety parameters to reduce fatalities demand for automotive speedometer is likely to remain higher during forecast period. However, when tires get worn-out accuracy of the speedometer is less and it shows variations in speed due the several factors such as diameters of wheels, load of the vehicle, size of the vehicles and other factors.
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The automotive speedometer market can be segmented into, types, display mode, sales channel, vehicle and region. There are three types of speedometer such as mechanical speedometer, electronic speedometer and other. Electronic speedometer is introduced very late as compare to mechanical speedometer. Currently electronic speedometer is dominated the automotive speedometer market owing to its simple arrangement, low cost availability, and proven technology it indicates the speed during reverse turn. It consist of electronic control unit, magnetic field sensors, CAN bus and other components.
Analog speedometers are used widely in automotive compare to the digital speedometer owing its advantages such as it is much easier to read, it gives immediate idea about the speed whether it is increasing or decreasing, better visual appearance due to which demand for analog speedometer is likely to remain high during forecast period.
Based on vehicles the automotive speedometer market is segregated into passenger vehicle and commercial vehicle. Passenger vehicle sub-segment is likely to dominate the automotive speedometer market during forecast period owing to rapidly increase in the production of passenger vehicles, continuous increase in demand for SUVs across the globe. Increase in the per capita income, decreasing in the bank rates, rapid urbanization these factors is likely to drive the market of passenger vehicle in forecast period.
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Based on sales channel the automotive speedometer market is segmented into OEM and aftermarket. OEM sub segment is likely to dominate the automotive speedometer market owing to producing more reliable systems, grater life span and in low cost.
Based on region, the automotive speedometer market can be segmented into, North America, Europe, Asia Pacific, and Middle East & Africa. North America is the dominating region in the automotive speedometer market and it will remain in forecast period. Government of the countries is implementing stringent vehicle speed norms to improve all transportation modes and become for safe for all passengers. On the other hand, region like Europe and Asia Pacific are expected to show high growth in the automotive speedometer market in forecast period owing to continuous increase in demand for passenger and commercial vehicles.
Some of the key players are Caerbont Automotive Limited, Galaxy Indicators India, Pricol Limited, Speedhut, Bob’s Speedometer Service Inc., US Speedo, Caerbont Automotive Limited, Speedy cables, YAZAKI Europe, Acewell International Co., Ltd. And others.Read more..
Automotive Active Seat Head Rests Market: Recent Industry Developments And Growth Strategies Adopted
Active seat head rests for automotive is a passive safety system in a vehicle. Some automotive component manufacturer also term it as the ‘active head restraint’. It protects the passengers, primarily from neck injuries in case of a collision. It is mostly used in the rear-end collision. However, more advanced systems such as the rear vehicle monitoring system can also avoid rear-end collisions. The automotive research industry observed that the passengers in the car suffered serious neck injuries even when the vehicle is involved in a rear-end collision or vehicle crash of a small magnitude.
This occurs primarily due to the relative backward movement of chest and neck of the passenger. In such a case, the chest receives support from the vehicle seat; however, the neck continues to move toward the back side from the seat. This backward movement transfers all the stress of the impact to the neck, causing in severe injuries. Active seat head rests play a key role in case of vehicle crash. Active seat head rests are connected to the electronic control system of the vehicle. Thus, it is capable of recognizing a rear-end collision. The electronic control unit activates the headrest once the severity of such an event increases a preset limit. The headrest moves forward and upwards.
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Rise in vehicle production, increase in demand for safety features, and expansion of various vehicle segments are major driving factors for the active seat headrests for automotive market. Government initiatives for foreign direct investments are propelling the active seat headrests for automotive market. Increasing demand by customers for luxurious seating systems is presenting more opportunities for the active seat headrests for automotive market. Manufacturers are focusing on research and development activities to make their products safe as well as luxurious. Volatility in currency exchange rates, regulations, and changing consumer needs and preferences are likely to affect the market dynamics.
The global Automotive Active Seat Head Rests Market can be segmented based on type, actuation type, material, vehicle, sales channel, and region. In terms of type, the active seat headrests for automotive market can be segmented into adjustable and one more segment. The adjustable segment is anticipated to expand during the forecasting period. In terms of actuation type, the active seat headrests for automotive market can be split into spring actuation and one more segment. The spring actuation segment is likely to hold a major share of the market during the forecast period. The actuation differs according to manufacture. Based on material, the active seat headrests for automotive market can be divided into genuine leather and two other segments.
In terms of vehicle, the Automotive Active Seat Head Rests Market can be segregated into passenger vehicle and commercial vehicle. The passenger vehicle segment is expected to account for a major share of the Automotive Active Seat Head Rests Market, followed by commercial vehicle segment, during the forecast period. Based on electric vehicle, the active seat headrests for automotive market can be classified into battery vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle. Promotion and support by governments toward the usage of green energy is expected to drive the electrical vehicle segment during the forecast period. The hybrid electric vehicle segment accounts for a larger share of the global market as compared to battery electric vehicle and plug-in hybrid electric vehicle segments. In terms of sales channel, the Automotive Active Seat Head Rests Market can be split into OEM and aftermarket.
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Based on geography, the global Automotive Active Seat Head Rests Market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Countries in Asia Pacific such as China, Japan, and India account for a significant share of the active seat headrests for automotive market, in terms of value. Government support for foreign direct investments has created attractive market opportunities for active seat headrests manufacturers and automotive product suppliers.
The competition in the automotive industry is increasing significantly, which has prompted major automotive seat manufacturers to shift their focus from developed countries to developing countries such as China, India, Thailand, and Indonesia. The automotive industry in Asia Pacific is expanding significantly as compared to the mature markets of Europe and North America, owing to factors such as low production costs, abundance of inexpensive labor, lenient emission and safety norms, and government initiatives for foreign direct investments. Rise in automotive production is positively impacting the Automotive Active Seat Head Rests Market in Asia Pacific.
Key player operating in the global Automotive Active Seat Head Rests Market include Lear Corporation, Johnson Controls, Grammer AG, Toyota Boshoku, DYMOS, TS TECH, DEPRAG, and Yanfeng JonsoRead more..
Smart keys are keys that contain microchips and are used to unlock vehicles without having to physically insert them in the vehicles lock. Smart keys are generally provided in all the premium vehicles segment and is continuously penetrating down the line, subsequently it is provided in most of the mid-range sedans and SUVs. Smart keys for cars generally work on the rechargeable battery and also contains the conventional key inside it, which can be used in situations when the battery gets discharged. Smart keys are also used to activate the push button ignition system in the vehicles, which is very useful in starting the vehicles in high-traffic situations.
Demand for the smart key is rising due to the increasing demand for automatic and remote control devices in society. Increasing disposable income and improved living standard has propelled the demand for luxury, which has increased the demand for smart keys for cars. Smart keys can be utilized to unlock the vehicles from a certain distance. Along with the keyless entry, smart keys offer several additional features to customers such as the vehicle can be cranked or started before entering in the vehicle by the smart key, and the occupant does not need to roll up the windows and lock the doors, as this is done automatically when the occupant walks out of the vehicle along with the smart key.
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Smart key enhances the security of the vehicle and triggers an alarm if any forced entry is attempted in the vehicle, which is one of the major factor that is boosting the demand for smart key for cars. However, its high cost can be a restraining factor for the smart key market for cars. For instance, if the key is lost or stolen, it is necessary to replace the complete system, which can be a major restraining factor for the smart key market for cars.
The Smart Key for Cars Market can be segmented based on sales channel, vehicle type, and region.
In terms of sales channel, the Smart Key for Cars Market can be segregated into two categories. Original equipment manufacturer (OEM) is expected to be a leading segment due to its major demand for the premium segment, which comes preinstalled with the feature and has very less chances of any kind of failure. The OEM segment is expected to expand during the forecast period owing to the increasing production of the vehicles and entailment of the feature in some of the standard vehicles segment.
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Based on vehicle type, the smart key market for cars can be segmented into three segments, out of which, the sedans segment is expected to hold a major share of the smart key market due to the presence of a high number of sedans as compared to other segments. Sedans are mostly preferred for city rides and the increasing population in cities, as compared to the rural areas, is likely to boost the demand for sedans. This, in turn, is boosting the sedan segment of the Smart Key for Cars Market.
In terms of region, the Smart Key for Cars Market can be primarily segmented into five key regions, among which Asia Pacific is expected to be a leading market due to the presence of major manufacturers in the region and the presence of a large number of manufacturing facilities concentrated in China, India, and Japan. Asia Pacific is also a rapidly expanding market due investments of major manufacturers in the region. Under the “Make in India” program some of the major manufacturers are expected to invest in the India, which is projected to fuel the Smart Key for Cars Market.
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Key players operating in the Smart Key for Cars Market include Robert Bosch GmbH, EZ Telematics Co., Ltd., ARCO Lock & Security ENTERN LLC, Continental AG, HELLA GmbH & Co. KGaA, and Silca. Robert Bosch GmbH and Continental AG are the major manufacturers and they are expected to expand during the forecast period and develop new technologies for the smart key for cars, owing to the high investment in research and development activities by both companies.Read more..
Couplings are used to join to power transmitting components. Couplings can be rigid or flexible. Rigid couplings do not allow any misalignment between the joining components. Whereas the flexible couplings used in an automotive are designed to permit some degree of misalignment to acclimatize change in positions of power transmitting shafts. Nonetheless Couplings are used to connect two axles, two components, or two shafts of differently manufactured components, to transfer the power even when shafts are not aligned properly. Although, advanced couplings performs the chore of reduce shocks while transmitting power from one shaft to another, to provide protection against overloading, to reduce vibrations in shafts, and to disconnect when needed or overloaded. In an automobile, high reliability of its mechanical components is crucial so as to avoid accidents or injuries. Coupling are the key components of an automobile. If a coupling fails to perform its task, the vehicle will not be able to function. Therefore, it is indispensable to select the material for coupling judiciously.
Increase in demand for automobiles, continuous research and development undertaken by manufacturers in the field of coupling materials, development of new technologies and their integration with mechanical components, and preference of compact size in vehicles are anticipated to drive the coupling market for automotive during the forecast period. Consumption of couplings is projected to increase in proportion to the rise in demand for automobiles in the market. Another key driver of the coupling market is the capability of the material to adapt the change in the alignment of the shafts. As the shafts cannot be in line all the time, misalignment or movement of the shafts needs to be allowed for the hassle-free working of the vehicle.
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Cost of maintenance is a key restraint of the coupling market for automotive. Frequent maintenance is essential for the proper working of couplings. Nonetheless, preference of compactness, stringent CO2 emission norms, and continuous research and development activities in the field of material technology are projected to provide numerous opportunities to the coupling market for automotive.
The coupling market for automotive can be segmented based on type, position, material, vehicle, and region. In terms of type, the coupling market for automotive can be divided into two categories. Flexible couplings are preferred over other type of the coupling as they are capable of adapting certain degree of misalignment between two connecting shafts. Based on position, the coupling market for automotive can be categorized into four segments. Propeller shaft-based couplings are used for connecting the powertrain with the differential. These are generally connected with the help of universal couplings.
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Based on material, the coupling market for automotive can be classified into three categories. Cast iron-made couplings possess high strength and are therefore preferred to other materials. In terms of vehicle, the coupling market for automotive can be bifurcated into three segments. The heavy commercial vehicles segment employs large-sized couplings, mainly made of cast iron. Demand for couplings is expected to rise corresponding to the increase in demand for heavy commercial vehicles.
Based on region, the coupling market for automotive can be segmented into five prominent regions. Demand for vehicles in Asia Pacific is on the rise due to the increased purchasing capacity of people. This, in turn, is estimated to propel the market for couplings for automotive. In Countries in Asia such as India, China, and Japan are leading in the demand for vehicles.
Key players operating in the coupling market for automotive include Dana Limited, BorgWarner Inc., Nexteer Automotive, Suddeutsche Gelenkscheibenfabrik GmbH & Co. KGis, CO.R.A. S.r.l. , and Superior Driveline. Dana Limited is a global leader in providing highly engineered solutions for powered vehicles and machinery.Read more..
Solar Powered Electric Vehicle Market: Industry Analysis And Detailed Profiles Of Top Industry Playe
Solar powered electric vehicle is an electric vehicle that uses solar energy as a power source. It is an eco-friendly vehicle that utilizes solar cells to convert the Sun’s radiant energy into electricity and works on the principle of the photovoltaic effect. Solar panels are mounted on the solar powered electric vehicle that contains photovoltaic cells which convert solar energy into electric energy and help to power the vehicle. Electricity produced using the solar panels is stored in batteries, and these charged batteries are employed to drive the motor, which serves here as an engine and moves the vehicle. There is no mixing of fuel, as it uses solar energy as a mode of fuel; subsequently, there is no combustion of fuel in solar powered electric vehicles. Solar powered electric vehicles are expected emphasize the need for utilizing renewable energy in the automotive industry.
Growing concern regarding carbon emissions by global regulatory bodies is a major factor that is estimated to drive the solar powered electric vehicle market during the forecast period. Solar powered electric vehicle is an answer to environmental degradation and energy shortages. It makes the vehicle more efficient and economical, as compared to fuel vehicles. All kinds of conventional sources of fuel are on the verge of exhaustion, which in turn is estimated to lead to an increase in demand for solar powered electric vehicles during the forecast period. It also helps vehicle owners to comply with state regulations regarding emissions from fuel systems.
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Solar powered electric vehicles offer numerous benefits such as no pollution, less maintenance, easy to charge, noise-free operation and increased vehicle efficiency, which in turn is expected to provide lucrative opportunities for the market during the forecast period. A solar powered electric vehicle is the best option, which provides the most comprehensive answer to the present issue of urban pollution in a simple, economic, and inoffensive manner. Solar energy directly relies on the Sun’s rays, which provide energy to the entire vehicle, and hence, change in weather is likely to reduce the power of solar energy. This is expected to hamper the solar powered electric vehicle market.
The global solar powered electric vehicle market can segmented based on solar panel location, vehicle type, vehicle parts, and region. Based on solar panel location, the solar powered electric vehicle market can be divided into three segments. Among which, roof placed solar panel accounts for a major share of the market, as compared to other segments. Roof placed solar panels are designed to absorb direct solar radiant energy and the segment holds a prominent share owing to its larger surface area, which results in increased energy absorption.
Based on vehicle type, the solar powered electric vehicle market can be segregated into two segments. The passenger vehicle segment holds a larger share of the market share as compared to other segments. The passenger vehicle segment can be further sub-segmented into hatchbacks, multi-purpose vehicles, sedans, and sport utility vehicles.
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Based on vehicle parts, the solar powered electric vehicle market can be classified into four segments. The solar panel segment dominates the market. This is due to its function of absorbing the Sun’s radiant energy and providing power source to the vehicle.
In terms of geography, the solar powered electric vehicle market can be bifurcated into five regions. Among region, North America and Europe account for a major share of the global solar powered electric vehicle market due to rising environmental concern, less cost, increasing demand for electric vehicles, and expansion of the automotive sector, leading to the increased production of solar powered electric vehicles.
Key players operating in the global solar powered electric vehicle market include EVX Pty Ltd., Toyota Motor Corporation., Solar Electric Vehicle Company, Venturi, Ford Motor Company, and Nissan Motor Corporation.Read more..
Automotive Voice and Speech Recognition Market: Recent Industry Developments And Growth Strategies A
A voice and speech recognition system is a human-machine interface system, in which the programmed hardware accepts commands from humans and gives a specific informative reply. Speech acknowledgement is the ability of a program or a machine to receive and execute commands that are spoken to it. The technology is used in a number of fields such as linguistics, electrical engineering, and computer science to produce technologies and methodologies that enhance the recognition of the voice spoken to the machine and deliver a specific reply.
Demand for vehicles integrated with user-friendly features is increasing among consumers. Taking this into consideration, vehicle manufacturers are focusing on providing user-friendly dashboards with advanced technological features. Voice and speech recognition devices installed on dashboards of cars provide ease of access while driving a vehicle. Technological advancements in these electronic devices have augmented the use of voice and speech recognition devices in the automotive industry. These devices provide signals on the basis of the information provided by electronic components such as sensors and actuators.
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Furthermore, the ever-increasing production of vehicles and the rise in demand for light-weight and luxurious vehicles are projected to boost the Automotive Voice and Speech Recognition Market during the forecast period. Additionally, development of autonomous and electric vehicles is likely to drive demand for automotive voice and speech recognition systems. Integration of the voice and speech recognition system and its replacement on the damage is a costly affair.
The Automotive Voice and Speech Recognition Market can be segmented based on vehicle, component, system, mode of vehicle operation, and geography.
Based on vehicle, the Automotive Voice and Speech Recognition Market can be classified into passenger vehicles (PVs) and commercial vehicles (CVs). Passenger vehicles include hatchbacks, sedans, multi-purpose vehicles (MPVs), and sport utility vehicles (SUVs). Commercial vehicles include lightweight commercial vehicles (LCVs) and heavy commercial vehicles (HCVs).
In terms of component, the Automotive Voice and Speech Recognition Market can be categorized into electronic systems (sensors, ECU), camera, and many others. A camera is used to observe and detect the visual interaction between the passenger in the vehicle and machine. Increased integration of electronic systems in the automotive industry is expected to propel the Automotive Voice and Speech Recognition Market.
Based on system, the voice and speech recognition market for automotive can be divided into software and one more. Software is programmed with the help of computers. Program is encoded for the send and receive command in the system.
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In terms of mode of vehicle operation, the Automotive Voice and Speech Recognition Market can be segmented into autonomous vehicles and one more. Autonomous vehicles are self-driving vehicles in the auto-pilot mode. They use various in-built technologies, actuators, and sensors. In autonomous vehicles, control on movement is possible by using voice and speech recognition systems.
In terms of geography, the voice and speech recognition market for automotive can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Europe accounts for a major share of the global voice and speech recognition market for automotive, owing to high adoption of voice and speech recognition systems in the automotive sector and increased production of vehicles. Countries in North America and Asia Pacific have presence of a larger number of key market players. Voice and speech recognition system in vehicles are being adopted at a rapid pace in these regions.
Some of the key players operating in the Automotive Voice and Speech Recognition Market are Apple Inc., Nuance Communications, Inc., Microsoft Corporation, Alphabet Inc., Cantab Research Limited, Sensory, Inc., ReadSpeaker Holding B.V., Pareteum Corporation, and Ford.Read more..
Night Vision System for Automotive Market: Industry Analysis And Detailed Profiles Of Top Industry P
Night vision system (NVS) is an advanced safety vision system that increases the visibility of the driver in darkness, poor weather, and beyond the reach of vehicle’s headlights. Night vision system is a key technology of the advance driver assist system (ADAS) which emits infrared light waves. A small amount of reflected light collected by a thermo graphic camera is amplified to generate or display an image on the instrument cluster using a high resolution liquid-crystal display. The night vision system is usually installed as an optional or standard feature in the latest models of cars. Few modern cars employed with such systems include Audi A6, Bentley Bentayga, BMW 7series, Rolls Royce Wraith, Cadillac CT6, Mercedes-Benz S-class, and Audi Q7.
Rise in demand for advance safety systems such as ADAS in vehicles is expected to drive the night vision system market during the forecast period. Increase in the production of vehicles and the rise in demand for vehicle safety with improved night vision in order to assist the visibility for the driver are also projected to boost the night vision system market during the forecast period. The night vision system substantially reduces the improper vision complexity in the vehicle, increases safety, and reduces collision of vehicles at night.
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The benefits mentioned above are also anticipated to augment the demand for automotive night vision systems during the forecast period. Increase in visibility range, owing to the adaptive front lighting system, has prompted manufacturers to focus on coupling the two systems, thereby making the vehicle safety system more efficient. This is projected to provide lucrative opportunities to the night vision system market during the forecast period. However, inaccurate vision or improper handling of fog and dense conditions are anticipated to restrain the night vision system market during the forecast period.
The night vision system market can be segmented based on system, frequency range, vehicle type, sales channel, and region. Based on system, the night vision system market can be segregated into two types. Among which the passive system NVS segment accounts for a major market share. This is due longer vision range and high contrast for living objects.
In terms of frequency range, the Night Vision System for Automotive Market can be classified into three types. Medium and high frequency range segments held a significant share of the night vision system market, as these ranges are used as a standard in luxury and mid-sized vehicles.
Based on vehicle type, the Night Vision System for Automotive Market can be classified into three different vehicle types. Among vehicle type, the passenger vehicle holds prominent market share of night vision system. The passenger vehicles segment can be sub-segmented into hatchback cars, sedans, multi-purpose vehicles, and sports utility vehicles.
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In terms of sales channel, the Night Vision System for Automotive Market can be divided into two types. Among which original equipment manufacturers (OEMs) segment accounts for a major share of the market, as a large fleet of vehicles is employed with upgraded automotive night vision system. The OEMs segment is expected to expand at a significant growth rate due to the higher rate of adoption and regular upgradation of technology.
Based on geography, the Night Vision System for Automotive Market can be segmented into five regions. Among regions, North America and Europe account for a major share of the global Night Vision System for Automotive Market owing to the high rate of adoption of active safety systems such as ADAS and expansion in the automotive sector in these regions. This has led to an increase in production of vehicles employed with automotive night vision systems. The night vision system market in these regions is anticipated to expand at a rapid pace during the forecast period due to the availability of advanced technologies and presence of OEMs in the region.
Key players operating in the global Night Vision System for Automotive Market include Continental AG, Robert Bosch GmbH, Delphi Technologies, ZF Friedrichshafen AG, Autoliv Inc., and Omron Corporation.Read more..
Intelligent speed assist uses information about the road to control the required speed. Information can be obtained from the vehicle position, taking into account speed limits known for the position, and by understanding road features such as signs and symbols. Intelligent speed assist systems are designed to detect and alert a driver when the vehicle has entered a new speed zone, or when different speed limits are in force, according to the time and conditions of the day.
Several intelligence speed assist systems also provide information about driving hazards and limits enforced by speed and traffic light cameras. The purpose of intelligent speed assist is to help the driver maintain a safe and lawful speed at all times. Intelligent speed assist has been a promising type of advanced driver support system for the last few decades. From a technical point of view, large-scale intelligence speed assist implementation is possible in the short term. The different types of intelligent speed assist systems are expected to have different effects on behavior and traffic safety.
The more intruding and controlling an intelligent speed assist system is, the less it will be accepted by drivers. At the same time, however, the more intruding and controlling, the larger the effects on speed and on road safety in general. Successful implementation of the intelligent speed assist system largely depends on the willingness of drivers to buy these systems and utilize them correctly, the quality of the maps that are utilized to indicate maximum speeds, and the possibilities for a gradual implementation. There has been no substantial implementation of intelligent speed assist system anywhere in the world so far, and the intelligence speed assist system threatens to become a highly effective road safety measure that is not employed widely anywhere.
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Major factors driving the intelligent speed assist market include the increased production of premium vehicles, rising demand safety features, government regulations regarding safety of the vehicle, and increasing demand for advanced applications such as telematics and speed detection camera. Furthermore, the new vehicle safety norms are encouraging automotive manufacturers to protect vehicle from collision will propel the market of intelligent speed assist. The cost of intelligent speed assist system is very high will increase the cost of vehicle.
The global intelligent speed assist market can be segmented based on type, system, vehicle, sales channel, and region. In terms of type, the intelligence speed assist market can be classified into navig8r, and one more segment. The navig8r segment is estimated to expand significantly during the forecast period, due to advancements in automotive technology that have resulted in the development of technologically advanced electronic systems. The shift of automobile manufacturers toward advance electrification with increasing usage of electronic content per vehicle has resulted in significantly higher efficiency of automotive systems with higher precision and accuracy. Based on system, the intelligence speed assist market can be divided into position-based system, and other three more segment. The position-based system segment dominated the market in terms of revenue. It is expected to maintain its dominance during the forecast period.
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Penetration rate of position-based system is high, while that of the other intelligence speed assist systems such as radio beacons, optical recognition, and dead reckoning is low, especially in both premium and low-range cars. Based on vehicle, the intelligence speed assist market can be segmented into passenger vehicle, commercial vehicle, and electric vehicle. The electric vehicle segment is projected to expand during the forecast period. Rise in concern for environmental protection, increase in the sale of electric vehicles, and governmental initiatives for green vehicles have propelled the market significantly. In terms of sales channel the intelligent speed assist market can be divided into OEM, and aftermarket.
Based on geography, the global intelligent speed assist market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounts for a significant share of the intelligence speed assist market, followed by Europe and Asia Pacific. The market in Asia Pacific is likely to expand at a significant growth rate during the forecast period. Demand for intelligence speed assist systems is expected to be high in countries such as Japan and South Korea due to the implementation of stringent government legislations and safety norms.
Key players operating in the global intelligence speed assist market include Continental AG, Delphi Automotive LLP., DENSO CORPORATION, Magna International Inc., Robert Bosch GmbH, AISIN SEIKI Co., Ltd., HYUNDAI MOBIS, Texas Instruments Incorporated, and HELLA KGaA Hueck & Co.Read more..
Sun visors are provided in the driver’s cabin of the vehicle to prevent the sun’s glare from distracting the driver. It is mounted at the front end of the roof in front of the windshield. The sun visor for automotive is provided for the driver as well as for the co driver’s seat in passenger vehicles, while in commercial vehicles, it is only provided for the driver’s seat. Sun visors are customized with flaps that can be moved as per the convenience of the driver. The sun visor is provided with different features which depend on the segment of the vehicle. Sometimes, it contains a mirror and light.
Demand for the sun visor for automotive is anticipated to rise significant due to the increase in production of the vehicles globally. Increasing awareness about the application and advantages of the sun visor among society has led to the rise in demand for sun visors. Sun visors are likely to be upgraded owing to the improvement in technology. It is expected to be provided with electronic controls.
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The Automotive Sun Visor Market can be segmented based on core material, sales channel, vehicle, and region.
Based on core material, press board material with metal piece segments dominate the Automotive Sun Visor Market; however, the other segment is likely to expand at a significant pace during the forecast period. Press board material is cost-effective as well as eco-friendly to manufacture, which makes it more user-friendly.
Based on the sales channel, the original equipment manufacturer segment is likely to hold a major share of the sun visor market for automotive. Sun visors have high lifespan as they are rarely utilized. Moreover, the sun visor is not replaced throughout the lifespan of the vehicle.
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Based on vehicle type, passenger vehicle segment dominates the Automotive Sun Visor Market. Most modern passenger vehicles contain two sun visors, while commercial vehicles mostly contain a single sun visor. Rising production of Automotive Sun Visor Market can be attributable to the increasing production of passenger vehicles.
In terms of region, Asia Pacific holds a prominent share of the Automotive Sun Visor Market due to the high production of the vehicles in the region. The region is the leading manufacturer of sun visors for automotive due to concentrated manufacturing facilities in China, Japan, and India. Availability of resources and high number of working population supported by continuous emphasis of the governing bodies toward industrialization in the region has developed it as the manufacturing hub for the automotive industry. Expansion of the automotive accessory market in the region is boosting the sun visor market for automotive in the region at a significant pace.
Key players operating in the Automotive Sun Visor Market include GUMOTEX, Irvin Automotive Products, Inc., FEURER Group GmbH, Kasai North America, Inc., Vinyl Specialties, Inc., Motus Integrated Technologies, HOWA TEXTILE INDUSTRY CO., LTD., Grupo Antolin, and Dongfeng Motor Co., Ltd.Read more..