Automotive Technologies Market to Record USD 134.06 Bn | Continental AG, DENSO Corp., and HELLA GmbH and Co. KGaA emerge as dominant players

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According to the recent market study by Technavio, the Automotive Technologies Market Size is expected to increase by USD 134.06 billion from 2020 to 2025. However, the growth momentum in the market is expected to decelerate at a CAGR of 11.04%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

APAC will register the highest growth rate, occupying 53% of the global market share. China, Japan, and South Korea (Republic of Korea) are the key markets for automotive technologies in APAC. However, the market growth in this region will be faster than the growth of the market in other regions.

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Vendor Insights-

The automotive technologies market is fragmented with the presence of several regional and international players. Major players are increasing their footprint in the market by expanding their operations. This has increased competition in the market, which is driving small vendors in the market to focus on introducing technologically advanced products and forming strategic alliances with other players.

Continental AG: The company offers various sensors like cameras, lidar, radar, and control units that provide the necessary information for highly automated driving.

DENSO Corp.: The company offers various electronic platforms, port terrain systems, and others.

HELLA GmbH and Co. KGaA: The company offers a range of vehicle electronics solutions such as LED headlamps, intelligent battery sensors for efficient energy management, lane change assistant, and others.

Intel Corp.: The company offers various technologies for the automotive industry such as autonomous driving, in-vehicle experience, functional safety and electric motor controls, power conversion, and battery management systems for electric vehicles.

NVIDIA Corp.: The company offers various automotive technologies such as ADAS, automated driving, in-vehicle experience, ADAS, and others.

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Regional Market Outlook

The automotive technologies market growth in APAC will be significant during the forecast period. The increasing sales of automobiles and the rising demand for electronics-based driving comfort and safety systems will be crucial in driving the growth of the automotive technologies market in APAC. The report also offers detailed insights into the growth of the market across other regions such as Europe, MEA, North America, and South America. Countries such as the US and Germany are identified as prominent markets for automotive technologies.

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Automobile Accessories Market Size and Outlook 2028 | Top Companies – U.S. Auto Parts Network, Cover craft Industries LLC, Lloyd Mats, Star Automotive Accessories, Robert Bosch GmbH, Hyundai Motor Company, AG Roush Performance, JCA Fleet Services, Classic Soft Trim,

New Jersey, United States,- A latest current market exploration report additional to the repository of Verified Market Reports is an in-depth investigation of the Car Accessories Market. On the foundation of historic development investigation and the current situation of the Automobile Accessories marketplace, the report intends to offer you actionable insights on International market place expansion projections. Authenticated info offered in the report is based on conclusions of substantial main and secondary research. Insights drawn from data provide as outstanding applications that aid a further comprehending of numerous facets of the Automobile Accessories market. This more helps end users with their developmental approach.

 

This report examines all the important factors influencing the growth of the Automobile Accessories market, like need-source state of affairs, pricing construction, earnings margins, creation, and worth chain assessment. Regional evaluation of Automobile Accessories market unlocks a plethora of untapped chances in regional and domestic market place places. Thorough firm profiling allows users to examine organization shares assessment, rising merchandise strains, the scope in new markets, pricing procedures, innovation opportunities, and a lot much more.

 

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The report handles considerable assessment of the crucial market gamers in the market place, along with their company overview, expansion options, and approaches. The important gamers researched in the report include:

 

• U.S. Car Pieces Network
• Cover craft Industries LLC
• Lloyd Mats
• Star Automotive Equipment
• Robert Bosch GmbH
• Hyundai Motor Company
• AG Roush Effectiveness
• JCA Fleet Companies
• Traditional Comfortable Trim

 

Trusted existing point out examination applications, such as Porter’s five forces evaluation and SWOT evaluation are utilized in the report to assess the Automobile Accessories market details to deploy a entire overview of the marketplace. Moreover, this report provides a finish review of the magnitude and software scope of the market place about the entire world. A thorough overview of the acquiring standards and difficulties confronted in the Automobile Accessories business sector is also elaborated in this report.

 

Auto Add-ons Industry Segmentation

 

By the merchandise style, the marketplace is primarily split into:

 

• Headlights
• Inside
• Air Conditioning Program
• Other

 

By the application, this report covers the next segments:

 

• Passenger Auto
• Professional Auto
• Commercial Vehi

 

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Car Components Current market Report Scope

 

Characteristics Aspects
Estimated Yr 2021
Foundation Year 2020
FORECAST Year 2028
Historic Yr 2019
Device Benefit (USD Million/Billion)
SEGMENTS Covered Types, Apps, Stop-Buyers, and much more.
REPORT Protection Earnings Forecast, Business Ranking, Competitive Landscape, Development Factors, and Traits
BY Area North The united states, Europe, Asia Pacific, Latin The usa, Middle East and Africa
CUSTOMIZATION SCOPE No cost report customization (equivalent up to 4 analysts operating times) with buy. Addition or alteration to state, regional & phase scope.

 

Geographic Section Covered in the Report:

The Automobile Accessories report presents information and facts about the market place region, which is additional subdivided

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