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Global Market Insights articles

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Automotive lighting market to hit $40bn by 2024

Automotive lighting market to hit $40bn by 2024
According to a new research report by the market research and strategy consulting firm, Global Market Insights, the automotive lighting market will grow at a CAGR of over five percent from 2018 to 2024.
11th October 2018

Automotive brake calipers market forecast to hit $25bn by 2024

Automotive brake calipers market forecast to hit $25bn by 2024
  A new research report has been published by the market research and strategy consulting firm, Global Market Insights; Water Taxi Market to grow at over 4% CAGR from 2018 to 2024.
29th June 2018

Automotive HVAC market will be worth $23bn by 2023

Automotive HVAC market will be worth $23bn by 2023
HVAC systems have become a standard feature across passenger cars, and are expected to be a major driver behind the growing automotive industry. An increase in private vehicle demand and average time spent in cars is anticipated to boost automotive HVAC market size over the forecast period. According to the United States Department of Transportation (DoT), average daily distance travelled on urban highways in January 2015 showed a rise of 4.3% on yearly basis.
19th June 2017


Automotive ECU market set to exceed $50bn by 2023

Automotive ECU market set to exceed $50bn by 2023
The latest report by Global Market Insights has found that the automotive electronics control unit (ECU) market size is set to exceed $50bn by 2023. Incorporation of various electronic technologies such as safety, advanced control, communication, and security to enhance vehicle functionalities will drive the automotive electronics control unit market size. Connected navigation and telematics systems require embedded software to manage an increasing number of services such as superior communication access and management.
15th May 2017

Global automotive electronics market worth $352bn by 2023

Global automotive electronics market worth $352bn by 2023
Demand for automotive electronics is expected to rise thanks to the increasing adoption of safety features such as alcohol ignition interlocks, emergency call systems and mishap data recorder systems. Increasing adoption by original equipment manufacturers of high-volume conventional implementations is also likely to modify the regulatory framework.
21st February 2017


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