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AutoPacific Forecasts 15.7 Million U.S. Light Vehicle Sales in 2021 Amid Pandemic Rebound

AutoPacific Forecasts 15.7 Million U.S. Light Vehicle Sales in 2021 Amid Pandemic Rebound
NORTH TUSTIN, Calif. (March 3, 2021) – Automotive consulting firm AutoPacific’s recently released forecast of
U.S. light vehicle sales predicts 2021 will reach a total of 15.7 million vehicles sold. Up from 14.6 million units sold in 2020, the improvement
of over 1 million sales is powered mainly by a strong decrease in Covid-19 infections across the nation and associated economic
recovery.
Vaccinations Drive Increased Leisure and Business Travel
As Covid-19 vaccinations proliferate throughout the population, AutoPacific anticipates an economic recovery that will power automotive sales, including the return of fleet sales, of which daily rental fleets comprise the largest portion of. “As Americans begin to travel by air again, both for business and pleasure, demand for rental cars will return,” says AutoPacific Vice President Ed Kim. After daily rental ca ....

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Wireless Charging Market with COVID-19 Impact by Implementation, Technology, Application and Region

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ResearchAndMarkets.com s offering.
The overall wireless charging market is expected to be valued at USD 4.5 billion in 2021 and projected to reach USD 13.4 billion by 2026, at a CAGR of 24.6% between 2021 and 2026.
The growth of the wireless charging market is attributed to the rising adoption of wireless technology in consumer electronics; an increase in sales of electric vehicles, and the ability to charge multiple devices. However, compatibility issues restrict the adoption of wireless charging in various industries.
The market for transmitters to grow at higher CAGR during the forecasted period.
Wireless transmitters are used as standalone wireless charging devices, while receivers are built into the electronic devices. Companies manufacturing transmitters are investing heavily to innovate their wireless charger product portfolios. Moreover, the NXP Semiconductor provides a 15W wireless charging IC that offers broa ....

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