Active Suspension is the fastest growing market by system
The growing demand for advanced suspension systems to improve vehicle suspension and occupant comfort is a major factor driving the demand for the active suspension system. Moreover, the higher demand for high-end luxury and sports cars globally is currently driving the active suspension market globally.
MacPherson strut is the largest market for automotive suspension, by vehicle architecture
In terms of volume, the MacPherson strut architecture is expected to be a potential segment of the Automotive Suspension Market during the forecast period. MacPherson strut eliminates the need for a separate upper control arm, which reduces the cost components and weight of the architecture. Countries such as China, India, and Japan opt for this cost-effective architecture, which is expected to drive the market during the forecast period.
Click the thumbs up >The Light Commercial Vehicle (LCV) market delivered record registrations in April as businesses expressed their confidence in the COVID-19 recovery in new vehicle acquisitions.
A total of 30,440 new vans were registered last month, the highest-ever total for the month since records began, according to data published by the Society of Motor Manufacturers and Traders (SMMT).
The figure put registrations well ahead of the five-year average, with April 2021 up by 23.2%.
But, despite the dramatic uptick, SMMT chief executive Mike Hawes and National Franchised Dealers Association (NFDA) chief executive, Sue Robinson, both expressed concerns about the impact of a global semiconductor microchips on the ongoing recovery.
by Mode of Transportation (Roadways, Marine, Airways, and Railways), Application (Tracking, ADAS, Optimization, Fuel Cards, and Automatic Vehicle Identification), Connectivity (Short Range and Long Range), and Operation (Private and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global smart fleet management market generated $38.24 billion in 2019, and is expected to garner $98.65 Billion by 2027, growing at a CAGR of 15.8% from 2020 to 2027.
Download Report Sample (318 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/3105
Drivers, restraints, and opportunities
Integration of real-time fleet monitoring systems in vehicles, rise in utilization of cloud-based technology for smart fleet management solutions, and enhanced vehicle monitoring and furl management drive the growth of the global smart fleet management market. However, concerns related to prices and cyber
Electric Vehicle Powertrain Market to touch USD 135 billion by 2027 | Market Research Future (MRFR)
Key Companies profiled include ZF Friedrichshafen AG (Germany), EPT Co., Inc. (South Korea), WEG (Brazil), Bonfiglioli Riduttori S.P.A (Italy), IET S.p.A. (Italy), Automation Tooling Systems Inc. (Canada), GKN PLC (UK), NXP Semiconductors (the Netherlands), Robert Bosch GmbH (Germany), BorgWarner Inc. (US), Continental AG (Germany), AVL List GmbH (Austria), Mitsubishi Electric Corp (Japan), Magna International Inc. (Canada), and Dana Incorporated (US)., among others.
/EIN News/ Pune, April 27, 2021 (GLOBE NEWSWIRE)
EV Powertrain Market Analysis
The
electric vehicle powertrain market is anticipated to touch USD 135 billion at a 16% CAGR over the forecast period (2020- 2027), reveals the current Market Research Future (MRFR) report. An electric powertrain, simply put, is a closed-loop system, chiefly constituted by power delivery module (PDM), reduction drive, high-powe
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PORTLAND, Ore., April 20, 2021 /PRNewswire/ Allied Market Research published a report, titled, Smart Parking Market by Type (Off-Street and On-Street), Technology (IoT, Ultrasonic, and RFID), and Application (Security & Surveillance, Smart Payment System, E-Parking, and License Plate Recognition), and End User (Commercial and Government): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global smart parking industry was estimated at $6.05 billion in 2019 and is anticipated to hit $11.13 billion by 2027, registering a CAGR of 12.6% from 2020 to 2027.
Download Research Report (252 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/2878
Drivers, restraints, and opportunities-