Tag: market

Automotive Chip Industry to Generate $121.3 Billion, Globally, by 2031 at 9.6% Compound Annual Growth Rate: Allied Market Research

Yura

The global automotive chip market is driven by factors such as an increase in demand for advanced driving assistance systems (ADAS), a rise in demand for electric vehicles, and a surge in demand for autonomous driving.  

PORTLAND, Ore., Oct. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Chip Market by Component (processor, analog IC, discrete power, sensor, memory, others), by Vehicle type (passenger car, light commercial vehicle, heavy commercial vehicle), by Application (powertrain, body electronics, safety systems, chassis, telematics & infotainment systems), by Propulsion Type (ICE vehicles, electric vehicles): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global automotive chip industry generated $49.8 billion in 2021 and is anticipated to generate $121.3 billion by 2031, witnessing a CAGR of 9.6% from 2023 to 2032.  

Download Sample Pages of Research Report Overview – https://www.alliedmarketresearch.com/request-sample/11775

Automotive chips, also referred to as automotive semiconductors or microcontrollers, are integrated circuits (ICs) specifically designed for automotive applications. Automotive chips are essential components of modern automotive systems, enabling the control and management of a variety of functions within a vehicle. 

 Prime Determinants of Growth: 

The global automotive chip market is driven by factors such as an increase in demand for advanced driving assistance systems (ADAS), a rise in demand for electric vehicles, and a surge in demand for autonomous driving. However, the complexity of design and high manufacturing costs are hampering the automotive chip market growth. On the contrary, increased focus on cyber security, and an increase in demand for connected cars are expected to offer remunerative opportunities for expansion of the automotive chip market during the forecast period. 

Leading Market Players in Automotive Chip Industry: – 

  • Analog Devices, Inc. 
  • Infineon Technologies AG 
  • NVIDIA Corporation 
  • NXP Semiconductors 
  • Renesas Electronics Corporation 
  • Robert Bosch GmbH 
  • ROHM CO. 
  • LTD, STMICRO Electronics 
  • Texas Instruments Incorporated 
  • TOSHIBA CORPORATION 

The report provides a detailed analysis of these key players in the global automotive chip market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Procure Complete Research Report Now – https://www.alliedmarketresearch.com/automotive-chip-market/purchase-options  

Car Chip Industry Report Coverage & Details: 

Report Coverage 

Details 

Forecast Period 

2022–2031 

Base Year 

2021

Market Size in 2021 

$49.8 Billion 

Market Size in 2031 

$121.3 Billion 

CAGR 

9.6 %

No. of Pages in Report 

294

Segments Covered 

Product, Application, Propulsion Type, and Region 

Drivers  

Increase in demand for advanced driving assistance system (ADAS)  

Rise in demand for electric vehicle 

Surge in demand for autonomous driving 

Opportunities 

Increased focus on cybersecurity 

Rise in demand for connected cars 

Restraints 

Complexity of design  

High manufacturing costs 

COVID-19 Scenario: 

  • Due to the COVID-19 pandemic and the subsequent global lockdowns, the automotive chip market faced a downturn. 
  • However, as the global situation has recovered, the demand has increased for EVs
… Read More... Read More

Why China hopes to dominate Europe’s electric vehicle market

Yura

European consumers use Chinese products every day. Will they also embrace cars by companies such as BYD that have their sights set on the European market?

October 18, 2023 at 6:00 a.m. EDT

Andreas Wiborg, a product specialist, at the BYD showroom in Copenhagen. (Charlotte de la Fuente for The Washington Post)

COPENHAGEN — Some of the newest, lowest-cost electric vehicles for sale in Europe are showcased on the second floor of a shopping mall here, steps away from H&M, a fitting place for an upstart to go mainstream. The cars’ exteriors had been dusted and buffed. The logo on their grills had three letters, BYD.

“These are Chinese cars?” one mall shopper asked, stopping at the showroom entrance.

“Yes, that’s right,” said Charlotte Ejlertsen, the sales manager.

The shopper, Michael Christiansen, pursed his lips.

Ejlertsen said China already made so many of the products central to his life, including, most likely, the phone chips in his pocket. So what’s one more?

After gaining a dominant hold on the raw materials and batteries necessary for electric vehicles, China is now making a play for the one thing it doesn’t have: cars on roads in the West. Chinese automakers have been pushing into new markets, particularly in Europe, building showrooms and inking deals with existing dealers everywhere from Paris to the northern reaches of Scandinavia. The implicit sales pitch is that those vehicles are an essential part of the world’s clean energy goals.

But in Europe, which aims to ban the sale of traditional petrol cars by 2035, the Chinese EVs are a solution and problem all at once.

The Chinese brands are poised to offer something that Europe’s famed automakers can’t yet match — low-cost EVs for the masses. As in the United States, many climate-attuned European consumers are hungry for a vehicle that helps them cut their dependence on fossil fuels without a premium price tag.

While that makes the Chinese imports attractive, they also pose a clear threat to one of Europe’s biggest industries, which underestimated the speed of the electric revolution. Brussels, amid an investigation into potential subsidies, is weighing whether to raise tariffs on Chinese vehicles. European Commission President Ursula von der Leyen said the global market is now flooded with “cheaper Chinese electric cars.” Auto executives have talked about a period of unprecedented upheaval, influenced in part by one question: How many people are willing to buy a Chinese car?

The underbelly of electric vehicles

That answer is emerging day after day in places such as the Copenhagen showroom of BYD, where three models sit under rectangular lights, with the cheapest — named the Dolphin (starting at $33,000 in Denmark) — closest to the entrance. A sign on the wall says the company’s EVs “are among the best in the world.” The showroom is staffed solely by Danes, including the manager, Ejlertsen, whose parents ran a Peugeot dealership. She said she has “petrol”

… Read More... Read More

Automotive Chromium Material Market 2023 Industry Outlook, Business Strategies, Trends and Forecast to 2029

Yura

MarketQuest.biz has provided qualitative and informative knowledge by adding titled Automotive Chromium Material Market that recognizes, explains, and forecasts that the global market. The report provides an organized consideration analysis with projections for the market players. The report aims to ease the understanding of global Automotive Chromium Material market estimates through statistical and numerical data in the form of tables, graphs, and charts. The research offers a calculated assessment of the new recent developments, import-export analysis, production analysis, market share, market players, opportunities, strategic market growth, and market size. The report provides detailed information on major market competitors and emerging companies with significant market share based on high-quality demand, revenue, sales, and product manufacturers.

[PDF Brochure] Request for Sample Report: https://www.marketquest.biz/sample-request/89679

Market Dynamics:

Different parameters are used to identify either the growth of the global Automotive Chromium Material market globally or the decline of the market. The report covers different factors, solutions, as well as ways to increase the market share. The report identifies the market growth rate based on the volume of units sold and the value of each product manufactured. The report provides a detailed evaluation of the market size by highlighting information on different aspects which include drivers, restraints, opportunities, and threats, and market forecast to 2029.

The major players covered in the market study:

  • Atotech
  • Kakihara Industries
  • MVC Holdings
  • Platform Specialty Products
  • SARREL

What are the product types covered in the market 2023?

  • Decorative Plating Chromium
  • Functional Plating Chromium

What are the end users/applications covered in the market 2023?

  • Passenger Vehicles
  • Commercial Vehicles

Which regions are covered and what are the global Automotive Chromium Material market trends in these regions?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

View the Complete Report including the Most Newest Data, Tables, and Chart: https://www.marketquest.biz/report/89679/global-automotive-chromium-material-market-2021-by-manufacturers-regions-type-and-application-forecast-to-2026

The report introduces the industrial chain of the global Automotive Chromium Material market, industrial chain analysis, raw material sources, and downstream buyers. The report prospects the whole market, including the global production and revenue forecast, regional forecast. The report offers a detailed analysis of geographical areas and describes the competitive scenario. The study presents a summary of each market segment such as type, end-user, applications, and region. In continuation of this data, the sale price is for various types, applications, and the region is also included in the report. The report analyzes the potential for various applications, discusses recent product innovations, and gives an overview of potential regional market shares.

Major Factors Covered In The Report:

  • Study of the important players and their growth plans
  • Market analysis concerning growth trends, prospects, and also their participation in this global Automotive Chromium Material market
  • Market size (volume & value) from the company, essential regions/countries, products, and application
  • Market rivalry landscape, SWOT
… Read More... Read More

Interior Car Accessories Market Size, Share, Company Profiles, Emerging Technologies, Trends, Industry Growth, Segments, Landscape, and Demand by Forecast until 2030

Yura

PRESS RELEASE

Published September 19, 2023

Interior Car Accessories Market

 

Report Description:

Coherent Market Insights’ current report, Global “Global Interior Car Accessories Market Size, Share, Regions, Type, Application, Pricing, Trends, Growth, Segments, Opportunities and Forecast 2023-2030”, is a valuable source of insightful data for developing business strategies. It intends to draw attention to major trends, growth possibilities, and the competitive environment. Businesses must grasp the characteristics of their various industries in order to make well-informed decisions and plan their strategies effectively in today’s ever-changing global economy. This study examines the Interior Car Accessories Market in-depth, focusing on major factors such as market size, market share, developing technologies, regulatory environment, consumer behavior, and competitive analysis. This research report provides significant insights into the current situation and future direction of the market by delving into these critical topics. This enables organizations and stakeholders to make informed decisions, capture opportunities, and successfully manage risks.

The global Interior Car Accessories Market was valued at US$ 202.94 Bn in 2019 and is forecast to reach a value of US$ 314.58 Bn by 2027 at a CAGR of 5.6% between 2020 and 2027.

Request a Sample Copy of the Report:
https://www.coherentmarketinsights.com/insight/request-sample/3904

Market Overview:

The study gives a basic introduction to the industry, including definitions, classifications, and the structure of the industry chain. It examines the global Interior Car Accessories market, including development trends, the competitive landscape, and the status of major regions. In addition, the article discusses development policies, targets, production methods, and cost structures. It provides a thorough examination of supply and demand dynamics, price, revenue, and gross margins. The analysis focuses on the market’s top players, including company profiles, product images and specifications, deliveries, price, revenue, and contact information. In addition, the research investigates the shifting tendencies in the Interior Car Accessories sector.

The Interior Car Accessories market report offers an exhaustive examination of the worldwide market dimensions, as well as regional and national market scales, highlighting market segmentation growth, competitive dynamics, sales insights, and the influence wielded by both local and international market participants. Additionally, it delves into value chain enhancement, trade regulations, recent advancements, opportunity exploration, strategic growth evaluation, product introductions, geographical market expansion, and groundbreaking technological breakthroughs projected for the forecast period spanning 2023 to 2030.

Top Key Players:

Momo Srl, Pioneer Corporation, Star Automotive Accessories, Garmin Ltd., H.I. Motors, Pecca Group Berhad, U.S. Auto Parts Network, Inc., Covercraft Industries, LLC, O’Reilly Auto Parts, Lloyd Mats, CAR MATE MFG. CO., Ltd., and Classic Soft Trim.

Detailed Segmentation:

Global Interior Car Accessories Market, By Product Type:

• Dash Kits
• Covers
• Electronic Accessories
• Consoles & Organizers
• Sunshades
• Communication
• Car Cushions & Pillows
• Car Mats
• Knobs
• Central Locking System
• Fragrance

Global Interior Car Accessories Market, By Vehicle Type:

• Passenger Cars
• Compact PC
• Mid-size PC
• Premium PC
• Luxury PC
• Pickup Trucks

Global Interior Car Accessories Market, By Channel Type:

• OEM
• Aftermarket

Regional Analysis:

• North America (U.S., Canada, and Mexico)

… Read More... Read More

Flexible Copper Busbar for Automotive Market 2023 Business Revenue Insights and Market Scope Till 2030

Yura

The latest report on the global “Flexible Copper Busbar for Automotive Market” provides valuable insights into the most recent trends in the industry. It conducts a thorough analysis within 117 of Pages, covering aspects such as the global market size, regional and national market dimensions, growth trends, market share, competitive landscape, sales analysis, and the impact of both local and international players operating in the Flexible Copper Busbar for Automotive Market. Additionally, the report explores topics like optimizing the value chain, trade regulations, recent developments, opportunities assessment, strategic market growth analysis, product launches, market expansion, and technological innovations. With its detailed examination of these various factors, this report serves as a reliable resource for understanding the current state of the Flexible Copper Busbar for Automotive Market and identifying potential avenues for growth and advancement.

Get a sample PDF of the report at –
https://www.industryresearch.co/enquiry/request-sample/23327775

Market Overview of Global Flexible Copper Busbar for Automotive market:
According to our latest research, the global Flexible Copper Busbar for Automotive market looks promising in the next 5 years. As of 2022, the global Flexible Copper Busbar for Automotive market was estimated at USD million, and its anticipated to reach USD million in 2028, with a CAGR of Percentage during the forecast years.

For the competitive landscape, the report also introduces the industry players from the perspective of market share, concentration index, etc., and outlines the leading companies in detail, with which readers can get a better idea of your competitors and gain a deep understanding of the competitive situation. In addition, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will be considered.

List of Key Companies Operating in Flexible Copper Busbar for Automotive Market:

Royal Power Solutions


American Power


Italweber


Watteredge


Storm Power Components


Molex


Kinto Electric Co. Ltd


Schneider Electric


Socomec, Inc


Get Sample Copy of Flexible Copper Busbar for Automotive Market Report

Global Flexible Copper Busbar for Automotive Market: Segment Analysis

The report not only predicts the growth in revenue but also conducts an analysis of the current trends in each of the sub-categories spanning from 2017 to 2030. Industry Research has segmented the global Flexible Copper Busbar for Automotive market report on the basis of product, application, and regions for this study.

Most important types of Flexible Copper Busbar for Automotive products covered in this report are:

Flat Strips


Solid Bars


Most widely used downstream fields of Flexible Copper Busbar for Automotive market covered in this report are:

Passenger Vehicle


Commercial Vehicle


Regional Overview

The worldwide Flexible Copper Busbar for Automotive market has been categorized based on geography, with North America, Europe, Asia Pacific, Latin America, and Middle East and Africa being the key regions. These regions have been further segmented into countries and sub-regions.
These various countries and sub-regions focused in this market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, France, U.K.,

… Read More... Read More

VinFast’s U.S. new auto registrations distinction with inventory market place zeal

Yura

VinFast started out importing VF 8s in December and had introduced in just less than 2,000 autos as of July, a spokesperson mentioned very last month. The organization begun providing crossovers to buyers a couple months later but had a recall in May possibly to deal with a monitor issue, slowing the shipping course of action.

In accordance to the Experian info, the VF 8 had a single new registration in February, 16 in March, 66 in April, 45 in May and 23 in June. Of 26 automobile brand names with new EV registrations in the 1st 50 percent, VinFast was No. 22 in quantity guiding Lexus with 1,026.

VinFast did not immediately respond to a ask for for remark on the January-June registration quantities.

The spokesperson commented final thirty day period on prior registration data displaying VinFast with 128 new registrations in the January-Could period of time. The spokesperson claimed VF 8 product sales as of mid-July numbered about 350 and that registration details lags product sales information by a couple of months.

New-vehicle registration facts serves as a reliable proxy for income info due to the fact some EV makers, which include market place chief Tesla, do not deliver sales details by place or split out all of their types.

Analysts say VinFast faces headwinds in the U.S. for several good reasons: The model is mostly unidentified the VF 8 is priced higher than identical autos from Ford, Volkswagen and Hyundai and Tesla’s price tag cuts to the Design Y make the marketplace-leading crossover hugely competitive.

The foundation VF 8 starts at $47,200 with shipping and delivery, and it will not qualify for the federal tax incentive of up to $7,500. The Design Y starts off at $49,380 and does qualify due to the fact it’s created in North America.

VinFast plans to make the VF 8 in the U.S., together with the much larger VF 9 and the smaller VF 7 crossovers, the corporation said. It broke floor on an assembly plant in North Carolina in July with plans to start out generation in 2025.

The automaker also stated it’s knowledgeable of journalist reviews that suggested the VF 8 was rushed to market and requirements additional fine-tuning.

“There have been some destructive evaluations,” VinFast CEO Le Thi Thu Thuy informed Bloomberg Tv on Tuesday. “We just take them really near to our heart, we replicate on the suggestions from all those testimonials, and we make our motor vehicles superior.”

Thuy informed Reuters that VinFast was shifting its distribution product, which experienced been centered on Tesla’s direct-to-buyer strategy, and predicted to husband or wife with dealerships in abroad marketplaces.

“We are switching to a hybrid model the place we have our individual showrooms, as well as conversing to dealers to open up vendor showrooms,” Thuy claimed.

… Read More... Read More