$ 17 27 Billion Growth Expected In Automotive Cockpit Module Market | APAC to Notice Maximum Growth prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The global
Occupant Sensing System Market is estimated to surpass $1.3 billion mark by 2026 growing at an estimated CAGR of more than 6.8% during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Sensing Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belts, air-bags and ABS (anti-lock braking) in the vehicles, also by government legislation making such devices compulsory. But with the advent of electronics and the internet connectiv
NEW YORK, May 5, 2021 /PRNewswire/
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The hybrid and electric vehicle on-board charger market is poised to grow by 5.94 million units between 2020-2024, progressing at a CAGR of about 30% during the forecast period.Â
Some of the major factors responsible for the growing demand for EVs are low air and noise pollution. Moreover, the popularity of EVs is growing because of the increased marketing by vendors. Demand for electricity, especially during peak hours is growing with an increasing number of EVs. To cater to this growing demand vehicle-to-grid (V2G) chargers are being developed and tested which can transfer power bi-directionally between the vehicle and the grid. These factors compel plug-in vehicles to use bi-directional on-board chargers which is a key factor driving the growth of the market during the forecast period.Â
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NEW YORK, May 5, 2021 /PRNewswire/
Technavio has announced its latest market research report titled Hybrid and Electric Vehicle On-Board Charger Market by Type and Geography - Forecast and Analysis 2020-2024
The hybrid and electric vehicle on-board charger market is poised to grow by 5.94 million units between 2020-2024, progressing at a CAGR of about 30% during the forecast period.
Some of the major factors responsible for the growing demand for EVs are low air and noise pollution. Moreover, the popularity of EVs is growing because of the increased marketing by vendors. Demand for electricity, especially during peak hours is growing with an increasing number of EVs. To cater to this growing demand vehicle-to-grid (V2G) chargers are being developed and tested which can transfer power bi-directionally between the vehicle and the grid. These factors compel plug-in vehicles to use bi-directional on-board chargers which is a key factor driving the growth of
Traction Control System Market Forecast to 2027 - Autoliv Inc, Continental AG, Denso Corporation, Hitachi Automotive Systems Americas Inc, Hyundai Mobis Co., Nissin Kogyo Co
iCrowd Newswire
01 May 2021, 12:01 GMT+10
Traction Control System Market 2020 research report provides study at global and regional level to provide comprehensive value market analysis for the years (2017 & 2018 – Historic Years, 2019 – Base Year and 2020-2027 Forecast Period). The Traction Control System Market research report is a wide-ranging study of current trends, market growth drivers, and restraints. Each market segment is broadly analyzed at a powdered level by region (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) to provide thorough information on the global and regional level. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.