Automotive Technologies Market Size to grow by USD 134.06 bn | Rising Adoption of ADAS Features in Vehicles to Boost Growth

NEW YORK, Nov. 26, 2021 /PRNewswire/ — The automotive technologies market will be driven by the rising adoption of ADAS features in vehicles. The market is expected to grow by USD 134.06 bn from 2020 to 2025. According to Technavio, the growth momentum of the market will decelerate at a CAGR of 11.04%. The report offers an up-to-date analysis as well as exact growth variance and Y-O-Y growth rate.

Attractive Opportunities in Automotive Technologies Market by Component and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Automotive Technologies Market by Component and Geography – Forecast and Analysis 2021-2025

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The automotive technologies market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The automotive technologies market report covers the following areas:

Automotive Technologies Market 2021-2025: Segmentation

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Automotive Technologies Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

The rising adoption of ADAS features in vehicles, the increasing adoption of electronics-based driving comfort and safety systems, and intervention of innovative technologies for advanced UI will offer immense growth opportunities. However, lack of standard protocols, lack of connected infrastructure, and delay in luxury of ongoing updates and amendments will challenge the growth of the market participants.

Automotive Technologies Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive technologies market, including Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG. Backed with competitive intelligence and benchmarking, our research report on the automotive technologies market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Subscribe to our “Lite Plan” billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

Automotive Technologies Market 2021-2025: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. Based on our research, APAC is expected to dominate the market during the forecast period. The region will account for 53% of the market’s growth. China, Japan, and South Korea (Republic of Korea) are the key countries for the automotive technologies market in the region. APAC has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. The increasing adoption of electronics-based driving comfort and safety systems will drive the automotive technologies market growth in APAC.

Automotive Technologies Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist automotive

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Automotive Inspire Job interview: Toyota’s Jennifer Pelky, Security Pro

There are a large amount of crucial work opportunities in the automotive and mobility industries, but if you are a mother or father or grandparent who understands car or truck crashes are a foremost cause of death between U.S. kids, it’s hard to picture a position more crucial than Jennifer Pelky’s.

As a principal engineer at Toyota that specializes in youngster-passenger security, she’s just created lifestyle a lot easier for anxious moms and dads in all places who strap youngsters into harnesses like miniature NASCAR motorists. She’s dependable for a new Toyota application that requires the confusion out of buying and putting in little one security seats.

When set up and utilised appropriately, kid protection seats reduce injuries in a crash by extra than 70%, the CDC studies. Regrettably, even while young children are our most precious cargo, NHTSA info present a lot more than 50 percent of all auto seats are put in incorrectly.

It is a recipe for disaster, but if you have at any time struggled to install a child’s vehicle seat, fumbled with the latches, and squinted at the puzzling directions normally published in very small print, you know it is a truly disheartening  task – even for protection engineers.

“When I was expecting with my to start with boy or girl and I went to the big-box infant shop to select out my automobile seat, I looked at the wall of car or truck seats and all the options available. I experienced no concept the place to get started,” Pelky states through an on-stage interview at Informa’s Automotive Tech Week meeting in Novi, MI. Wards Intelligence and WardsAuto are portion of Informa.

“Once I did select a vehicle seat, I wasn’t positive how to test to make confident that I was setting up it appropriately. I considered, ‘I’m an engineer in security. If I’m having difficulties to figure this out, a great deal of people need to be acquiring issues,’” Pelky states.

Sure enough, she outlined this to colleague Lindsay Babian, a fellow Toyota principal engineer and 2021 Toyota Sienna car seat advancement lead. Babian said she also struggled putting in motor vehicle seats for her 5-calendar year-old.

This encouraged Pelky to go outside the house the mechanical engineering universe and crew up with a crew of fellow mothers, dads and basic safety experts that included Babian, Innovative Engineering Senior Planner Janelle Pharris, World-wide-web Internet marketing Analyst Ryan Johnson and Suhail Mirza, senior supervisor of Undertaking Administration Engineering, to support address these fears.

The final result is what they simply call a electronic tool package. It is titled Toyota for Family members, and it features handy automobile-seat-installation guidelines and videos that can be accessed on laptops and phones. Anybody can accessibility and down load the app.

The group understood buyers currently were looking on the net for support, but Pelky and her colleagues wanted to present a complete new level of detail – from figuring out how seats are affixed with distinct latch

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Hyundai Named OEM of the Calendar year at Automotive Tech 7 days

For creating massive strides in merchandise excellent, technologies and styling in recent decades, Hyundai Motor was named OEM of the Yr by Informa Tech Automotive Team in the course of a ceremony last week in Novi, MI, at Automotive Tech Week.

Drew Wintertime, senior analyst and group supervisor for ITAG, hosted the ceremony for the Informa Tech Automotive Awards, which honored the car industry’s most promising suppliers, startups, mobility items, computer software, infotainment merchandise, cybersecurity technological innovation and additional.

The winner of the last award of the night, OEM of the 12 months, was selected by Wards and TU Automotive editors and analysts with know-how in engines, battery and electrification technologies, electronic architectures, ADAS, autonomy, user expertise and connectivity. Informa Tech Automotive Team includes WardsAuto, Wards Intelligence and TU Automotive.

Winter season claimed the winner was picked out to realize how the earth is shifting and which automaker is discovering and adapting the speediest.

The judges chosen the South Korean automaker for the award, citing its:

  • Across-the-board merchandise results with all its automobile makes.
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  • Phenomenal item improvements and reach into younger industry segments.
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  • Proactive improvement of bleeding-edge systems relevant to ADAS, AVs and EVs.
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  • Latest EV that will be just one of the quite initially autonomous automobiles to go into series creation.
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  • Acquisition of Boston Dynamics,  arguably the most ground breaking robotics enterprise in the entire world.
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  • Promotion of gals and people today of colour into large-degree positions.
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  • Do the job towards supply-chain balance with its very own steel company and options to create its possess silicon with affiliated businesses.
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Accepting the award was Byungho Lee, director of propulsion units at the Hyundai Kia The us Specialized Center near Ann Arbor, MI, who joked that he wished he could provide Place, the robot puppy, to sign up for in accepting the award. Location is crafted by Boston Dynamics.

Also through Automotive Tech Week, Hyundai gained two Wards 10 Most effective Engines & Propulsion Devices trophies (for Kona BEV and Santa Fe 2.5L turbo-4), as properly as a Wards 10 Most effective Interiors award (for Tucson) and a Wards 10 Greatest UX trophy (for Elantra).

Talking of the powertrain awards, Lee explained, “These accolades reinforce Hyundai’s leadership in world wide powertrain developments towards eco-helpful mobility.”

Previously regarded as the TU-Automotive Awards, the Informa Tech Automotive Awards were being introduced in 17 categories. Finalists in people types were being decided by Wards and TU editors and analysts, and winners had been picked by a panel of impartial judges.

For a comprehensive list of award winners, you should visit: https://wardsauto.informa.com/informa-tech-automotive-awards/

Brett McDonald

Hyundai’s Byungho Lee accepts OEM of the Yr trophy.

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Mainstream Automakers Carry out High-Tech Juggling Act

NOVI, MI – In a way, Tesla, Rivian, Lucid and other electric powered vehicle makers of the planet have it uncomplicated. They singularly target on one particular automotive propulsion procedure.

In contrast, mass-market automakers are accomplishing a technological juggling act with their R&D that contains, of study course, EVs but also automobiles with typical inner-combustion engines (the bread-and-butter of existing gross sales) and diesel engines for selected pickup vans. Some automakers also are concerned in hydrogen fuel-cell systems.

It is a tall order, financially and or else. But it can and have to be carried out, says Frank Abkenar, Ford’s director-World wide ICE Propulsion and Thermal Systems.

Element of the pursuit of choice propulsion techniques is to meet authorities carbon-neutral mandates, he suggests. Yet another section is to answer to consumer expectations.

“Today, the sustainability stage is driven by buyers worried about air high quality and the environment,” he claims. “There’s a way to get there.”

Abkenar was a keynote speaker Monday at the Focus: Electrification & Innovative Propulsion session kicking off Automotive Tech Week becoming held in this article at the Suburban Collection Showplace, and on line.

The week-very long convention series is remaining staged by Informa Tech Automotive Team, which owns Wards Intelligence, WardsAuto and TU-Automotive.

“We have to cover the whole transportation program,” Abkenar states of Ford’s multi-pronged R&D.

Despite the fact that EVs get a great deal interest as more and a lot more enter the current market, “ICE automobiles are still well known for the foreseeable future,” he claims.

That stated, “we can not wait around 15 years” to get started function on alternate techniques, provides Abkenar (pictured underneath, remaining). “We have to consider measures now. Customers demand it, be expecting it.”

As do authorities restrictions that are getting to be additional stringent around the entire world, particularly in China and Europe.

Working on new propulsion methods – and strengthening conventional engines – not only is the suitable company conclusion for a important automaker these as Ford, it is also “a ethical obligation,” he states.

 “A great deal of technological innovation is expected to deliver what buyers want and to meet up with authorities restrictions,” Abkenar says. “We need to do it with high-quality and price efficiencies.”

Pertaining to ongoing ICE R&D, he speaks of systems involving chilly-begin hydrocarbon traps, thermal administration, friction reduction, greater spark plugs, decarbonized fuels and upcoming-era gas-injection devices able of 500-bar injection pressures to enhance effectiveness and performance.

Abkenar sees a upcoming for urea-based selective catalytic reduction programs (utilised in new several years to minimize diesel emissions) for use in gasoline engines as properly. He says Ford also is intrigued in Toyota’s enhancement of hydrogen-fueled inner-combustion engines.

Much of the advanced ICE perform entails bettering technologies that by now are on the market place, he tells WardsAuto pursuing his presentation.

Questioned if it helps make sense to devote a lot of income in ICE if its days are numbered as the EV age gains momentum, Abkenar tells WardsAuto, “There’s however

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StradVision Showcasing Most up-to-date Technological innovation for Autonomous Automobiles at Automotive Tech Week 2021

  • Depth-map Alternative: The latest element implementing innovative Pseudo LiDAR technologies, which replaces high-value and significant-efficiency LiDAR tools. Featuring the substantial precision of length measurement to an object with only a mono-channel digital camera
  • Semantic Segmentation: A technological know-how that classifies objects by examining the pictures obtained through the vehicle’s digicam on a pixel-by-pixel basis by means of deep finding out technology
  • Multi-digicam 360-diploma perception:  This engineering takes advantage of up to 9 cameras, which is important to employ autonomous driving options of L3 or higher than, these types of as Automated Valet Parking (AVP), and Increased Autopilot

“I glance forward to our time at Automotive Tech 7 days 2021, and showcasing the ground breaking systems StradVision is unveiling at the party,” Sunny Lee, StradVision’s Main Running Officer who is main StradVision’s team at the function reported. “As we keep on to ramp up our existence in Michigan, the heart of U.S. car market, situations like this enable us get our products in front of important business leaders who are on board with our mission of making use of know-how to reach the most secure possible ordeals with ADAS programs and autonomous driving.”

StradVision’s SVNet is a lightweight software that allows autos to detect and determine objects precisely, this sort of as other vehicles, lanes, pedestrians, animals, cost-free house, targeted visitors indications, and lights, even in harsh climate conditions or bad lighting. 

SVNet’s program relies on deep finding out-based perception algorithms, which in contrast with its competitors is much more compact and necessitates substantially less memory and electric power to run. SVNet supports a lot more than 14 hardware platforms and can also be personalized and optimized for any other hardware procedure many thanks to StradVision’s patented and slicing-edge Deep Neural Network-enabled engineering. 

SVNet is now utilised in mass generation styles of ADAS and autonomous driving automobiles that support driving automation levels 2 to 4 and is getting deployed in over 50 car styles from 13 OEMs globally. 

The whole Automotive Tech 7 days 2021 celebration runs online from Nov. 15-19, and in-human being hrs will be on-web site in Novi from 8 a.m. to 4 p.m. on Nov. 16 and Nov. 17. StradVision will be positioned at Booth #743 at the party both of those times.

About StradVision Inc.
Founded in 2014, StradVision is an automotive marketplace pioneer in AI-primarily based vision processing know-how for Sophisticated Driver Assistance Units (ADAS). The corporation is accelerating the advent of absolutely autonomous autos by generating ADAS functions out there at a fraction of the sector price in comparison with rivals. StradVision’s SVNet is becoming deployed on 50+ motor vehicle versions in partnership with 13 OEMs and powers ADAS & Autonomous Motor vehicles throughout the world and is serviced by more than 200 workforce in Seoul, Detroit, San Jose, Tokyo, Shanghai, and Munich. The company gained the 2020 Autonomous Motor vehicle Know-how ACES Award in Autonomy (Program Category). In addition, StradVision’s software program is qualified to the ISO

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Free of charge2transfer will get the flooring at Automotive Tech Week

Atlanta, Nov. 17, 2021 (World NEWSWIRE) — Free of charge2shift will be taking the ground at Automotive Tech 7 days, Detroit CEO Brigitte Courtehoux will share her eyesight on mobility at this main market event.

 

Around the upcoming ten years, the world’s demographics will transform considerably. In 2030, the worldwide populace is predicted to be all-around 8 billion persons, and the urban population is envisioned to depict 60% of this. City auto usage signifies just one of the most important chances to make a optimistic impact on the planet.

 

Free2transfer is focused to earning mobility extra sustainable and a lot more available. Their new signature, “Move with your Time,” embraces the firm dedication to the regular evolution inherent in conference fashionable mobility desires.

 

Absolutely free2shift Mobility Hubs are disrupting the way individuals obtain automobiles. Via a solitary, straightforward to use application, No cost2shift buyers e book motor vehicles by the minute, by the working day, or by the month, having to pay only for the time they need, earning transportation adaptable, uncomplicated and effective.  

 

In addition to their B2C mobility expert services, Totally free2shift also partners with 3rd-parties to leverage knowledge [DD1] from the Stellantis global related automobile vehicle parc to acquire clever remedies for the B2B current market. Cost-free2shift Fleet Join, their management instrument, builds on embedded fleet telematics to offer Fleet Operators with the important factors to immediately assess car status, mileage, fleet location and obtain insights on vehicle functionality such as gas usage, through integrated BI answers and buyer applications.

 

Automotive Tech 7 days participants will have a number of chances to master additional about Totally free2transfer its main mission and price propositions by way of displays the two digitally and in-human being. Notably, CEO Brigitte Courtehoux will communicate on Wednesday, next her participation in the COP26 previous week.

For additional information and facts or for interview requests remember to call: Dalyce Semko, Open up2The usa, at d.semko@open up2the united states.com – 403-869-3259.

 

Members of the media can sign-up to go to Automotive Tech Week at https://wardsauto.informa.com/go to-automotive-tech-7 days/.

 

About Cost-free2transfer

Totally free2transfer is the only world mobility manufacturer giving a complete and distinctive ecosystem for its non-public and qualified shoppers about the globe. Relying on facts and technology, Cost-free2transfer puts the buyer expertise at the heart of the organization to reinvent mobility. Free2move offers a array of expert services to satisfy the various travel needs of its prospects from a single moment to numerous days or months with car-sharing service, quick, medium or extensive-expression rental as perfectly as the reservation of VTC motorists, parking areas and charging stations by using the application.

Absolutely free2go Mobility in determine globally: 2 million buyers, 450,000 rental motor vehicles, 500,000 parking spaces, 250,000 charging details (in Europe).

 


 [DD1]This is not correct.  We do not Individual all the data.  We are the Stellantis Knowledge parnter


        
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