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Showing posts with the label automotive market research reports

Europe Mobility on Demand Market: Industry Research

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According to “ Europe Mobility on Demand Market  By Vehicle Type, By Internet Connectivity, By Service Type, By Country, Competition Forecast & Opportunities, 2017-2023” mobility on demand market is projected to grow at a CAGR of over 11% by 2023. Growing demand for mobility on demand services in Europe is backed rising concerns about air pollution and increasing traffic congestion in many countries of the region. Moreover, expanding service offerings offered by the leading companies along with growing investments by several major investors in the mobility on demand service is further likely to propel growth in Europe mobility on demand services market in the coming years. Furthermore, increasing penetration of internet coupled with rising number of smartphone users is anticipated steer growth in Europe mobility on demand market until 2023. Few of the renowned companies currently invested in the mobility on demand market operating across Europe include Europcar Groupe ...

Automotive connectivity trends shaping the industry’s future

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Automotive connectivity trends shaping the industry’s future Technology in the coming years will be aligned to increase passenger and driver safety, allow them the comfort and ease of driving and also make the vehicle more interactive and entertaining. The advent of automotive connectivity has enabled the technology market to act on some of its motives. Following are the trends that are currently looked up to as a mold for the market. The vehicle-vehicle communication The concept of Vehicle-vehicle (V2V) communication is derived from IoT; an application of science that works to link multiple functionalities. Vehicle-vehicle communication technology implies an ability of the cars to wirelessly transmit data between each other. This can be speed data or relevant position data. Such constant interaction between vehicles can effectively prevent accidents. Should there be a risk, the vehicles can be built capable of taking pre-emptive actions like slowing down. V2V is conside...

Automotive Market Trends | Anti-lock Braking System Research Report

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Anti-lock Braking System Market by Sub System (Sensors, Electronic Control Unit {ECU}, Hydraulic Unit), and By Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles), Industry trends, estimation & forecast, 2016 2024 Anti-lock Braking System Market is expected to reach $44.5 billion by 2024 with emerging CAGR of 7.1 %. The passenger car market segment is expected to drive the global Anti-lock braking system market for further growth. Anti-lock braking system (ABS) is an advanced braking system for automobiles which prevents skidding of vehicles by performing sequential braking controlled by a microcontroller. The microcontroller is fed by real-time data regarding the vehicle such as, speed and momentum of the vehicle. Maintaining the steering ability over the wet and rough surface is the most important function of the ABS. ABS can be used in traditional as well as electric vehicles. Leading automobile manufacturers are introducing ABS to their entry level ...