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atliqtechnologiesus · 1 month
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Smart Moves: How AI Is Making Autonomous Vehicles Smarter And Safer
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Autonomous driving enhances safety and sustainability in transportation. Predictions suggest driverless cars will claim a quarter of the market by 2035–2040, with the global automotive AI market reaching $74.5 billion by 2030, signaling a shift towards safer and more efficient systems. AI in self-driving cars integrates machine learning algorithms for sensing, decision-making, and predictive modeling. It interprets data from various sensors, including cameras and Google Street View, to simulate human perception and decision-making through deep learning.
This AI software controls driver systems like steering and brakes based on collected input, ensuring safe navigation. Natural language processing facilitates communication between passengers and the vehicle’s interface. Let’s understand more about how AI in self-driving cars amalgamates sensory data interpretation, safe decision-making akin to humans, and control actions to enable autonomous driving.
What Is AI Automation In Vehicles
AI automation in automobiles refers to artificial intelligence (AI) to automate various processes and tasks within the vehicle. This automation can range from simple tasks such as automatic braking systems to more complex functionalities like self-driving capabilities.
Advanced Driver Assistance Systems (ADAS): These systems use AI algorithms to enhance vehicle safety and improve driving experience by providing adaptive cruise control, lane departure warning, blind-spot detection, and collision avoidance systems.
Autonomous Driving: AI automation enables vehicles to operate without direct human input, also known as self-driving or autonomous driving. AI algorithms analyze sensor data from cameras, lidar, radar, and other sources to perceive the vehicle’s environment and make driving decisions.
Predictive Maintenance: AI algorithms can analyze vehicle data such as engine performance, component wear, and driving patterns to predict potential maintenance issues before they occur. It helps in reducing downtime and optimizing vehicle performance.
Natural Language Processing (NLP) Interfaces: AI-powered voice recognition systems enable drivers to interact with their vehicles using natural language commands, controlling various functions such as navigation, entertainment, and climate control.
Traffic Management and Navigation: AI algorithms analyze traffic patterns, historical data, and real-time information to optimize route planning and navigation, helping drivers avoid congested areas and reduce travel time.
Gesture and Emotion Recognition: AI technologies can interpret gestures and facial expressions to understand the driver’s intentions and emotional state, providing personalized assistance and enhancing safety.
Enhanced User Experience: AI automation can personalize the driving experience by adjusting seat positions, climate control, and infotainment preferences based on individual driver profiles.
Overall, AI automation in vehicles aims to improve safety, efficiency, and convenience for drivers and passengers while paving the way for the future of mobility. However, it also raises significant considerations such as cybersecurity, ethical implications, and regulatory frameworks to ensure responsible deployment and usage.
Advantages Of AI In Vehicles
Efficient AI implementation is crucial for safer, smarter vehicles. These innovations enhance safety, efficiency, and convenience from collision avoidance to personalized experiences. They pave the way for a future of intelligent transportation solutions. AI offers several advantages in vehicles, contributing to enhanced safety, efficiency, convenience, and overall driving experience. Here are some key advantages:
Improved Safety: AI-powered systems such as Advanced Driver Assistance Systems (ADAS) can help prevent accidents by providing collision avoidance, lane departure warning, and automatic emergency braking. Additionally, AI enables autonomous vehicles to react faster and more accurately to potential hazards than human drivers, reducing the risk of accidents caused by human error.
Enhanced Efficiency: AI algorithms optimize driving behaviors, route planning, and vehicle performance, leading to improved fuel efficiency and reduced emissions. Predictive AI-powered maintenance helps prevent unexpected breakdowns and minimizes downtime, optimizing vehicle uptime and productivity.
Reduced Traffic Congestion: AI-powered traffic management systems can analyze real-time traffic data, predict congestion, and optimize traffic flow by adjusting signal timings and rerouting vehicles. It helps reduce traffic congestion, shorten travel times, and improve road network efficiency.
Personalized Driving Experience: AI enables vehicles to adapt to individual driver preferences and behaviors, offering personalized recommendations and adjustments for features such as seating positions, climate control, infotainment options, and navigation routes. It enhances comfort and convenience for drivers and passengers.
Enhanced Connectivity and Communication: AI facilitates seamless integration with connected devices and smart infrastructure, enabling vehicles to communicate with other vehicles, traffic signals, pedestrians, and infrastructure elements. This connectivity improves situational awareness, facilitates cooperative driving behaviors, and enhances road safety.
Optimized Autonomous Driving: AI algorithms enable autonomous vehicles to perceive and interpret complex environments, make real-time decisions, and navigate safely in various traffic conditions. It opens up opportunities for efficient transportation services, such as ride-sharing and autonomous delivery vehicles, while reducing the need for individual car ownership.
Innovative User Interfaces: AI-powered natural language processing (NLP) and gesture recognition technologies enable intuitive and hands-free interaction with vehicle systems, enhancing user experience and minimizing driver distraction. Voice-activated controls, gesture-based commands, and predictive recommendations provide a safer and more user-friendly driving environment.
Overall, AI in vehicles offers significant advantages in terms of safety, efficiency, connectivity, and user experience, driving the evolution of transportation towards smarter, more sustainable, and more enjoyable mobility solutions.
Safe And Smarter Move With Vehicle AI Automation
With AI automation in vehicles, safety and efficiency take the wheel. From collision avoidance to predictive maintenance, these smart systems revolutionize the driving experience, ensuring safer roads and smoother journeys.
Collision Avoidance: AI-powered collision avoidance systems utilize sensors and algorithms to detect potential collisions and automatically apply brakes or steer the vehicle away from danger, significantly reducing the risk of accidents.
Lane Keeping Assist: AI algorithms monitor lane markings and vehicle position, providing gentle steering inputs to keep the vehicle within its lane. This feature helps prevent unintended lane departures and reduces the likelihood of side-swipe collisions.
Adaptive Cruise Control: AI-based adaptive cruise control adjusts the vehicle’s speed to maintain a safe following distance from the vehicle ahead. This device decreases the likelihood of rear-end collisions by automatically slowing or accelerating in response to traffic conditions.
Traffic Sign Recognition: AI algorithms analyze camera images to recognize and interpret traffic signs, including speed limits, stop signs, and traffic signals. This information is then displayed to the driver, helping them stay informed and comply with traffic regulations.
Pedestrian Detection: AI-powered pedestrian detection systems use cameras and sensors to identify pedestrians in the vehicle’s path. If a pedestrian is detected, the system can alert the driver or automatically apply brakes to avoid or mitigate a collision.
Emergency Brake Assist: AI automation can detect emergencies, such as sudden obstacles or hazards in the road, and initiate emergency braking to help mitigate the severity of a collision or avoid it altogether.
Driver Monitoring: AI-based driver monitoring systems track attentiveness and detect signs of drowsiness or distraction. If the system detects that the driver is not paying attention or is at risk of falling asleep, it can issue alerts or intervene to prevent accidents.
Predictive Maintenance: AI algorithms analyze vehicle data to predict potential mechanical failures or maintenance needs before they occur. Addressing issues proactively helps prevent breakdowns and ensures the vehicle remains in optimal working condition.
AI vehicle automation enhances safety by providing real-time assistance to drivers, mitigating the risk of accidents, and improving overall driving awareness. Additionally, AI technologies enable vehicles to operate more efficiently, reducing fuel consumption, emissions, and congestion while enhancing the overall driving experience for users.
Conclusion
AI automation integration in vehicles marks a pivotal shift towards safer, smarter transportation solutions. From collision avoidance to personalized experiences, AI technologies revolutionize the driving experience, prioritizing safety, efficiency, and convenience. As the automotive industry embraces these advancements, the role of AI consultants like AtliQ Technologies becomes increasingly crucial.
AtliQ Technologies, a leading AI consultant across diverse domains, including vehicle automation, offers comprehensive expertise to ensure the seamless and secure integration of AI with vehicles containing more than a decade of experience in various technological affairs. With a commitment to innovation and excellence, AtliQ empowers businesses to harness the full potential of AI for transformative outcomes. Embrace the future of mobility with AtliQ Technologies and drive towards a safer, more connected tomorrow. Contact us today to embark on your journey towards intelligent transportation solutions.
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wanderlustwhims · 2 months
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Powering Performance: Automotive Artificial Intelligence (AI) Market Solutions
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Introduction:
The automotive industry is undergoing a profound transformation, driven by the integration of Artificial Intelligence (AI) technologies. According to the study by Next Move Strategy Consulting, the global Automotive Artificial Intelligence (AI) Market size is predicted to reach USD 25.78 billion with a CAGR of 29.2% by 2030. This remarkable growth trajectory underscores the pivotal role of AI in reshaping the future of mobility. From enhancing safety features to optimizing performance and efficiency, AI-driven solutions are revolutionizing every aspect of the automotive ecosystem.
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Unlocking Efficiency with Predictive Maintenance: One of the critical challenges faced by automotive manufacturers and fleet operators is ensuring vehicle uptime while minimizing maintenance costs. Traditional approaches to maintenance often rely on scheduled inspections or reactive repairs, leading to costly downtime and inefficiencies. However, AI-powered predictive maintenance solutions offer a proactive approach to maintenance management.
These solutions leverage advanced data analytics and machine learning algorithms to continuously monitor vehicle health indicators such as engine temperature, tire pressure, and component wear. By analyzing historical maintenance data and real-time sensor readings, predictive maintenance systems can identify patterns and anomalies that indicate potential issues. This enables operators to schedule timely interventions, such as component replacements or repairs, before a breakdown occurs.
The benefits of predictive maintenance extend beyond cost savings and operational efficiency. By minimizing unplanned downtime and optimizing maintenance schedules, AI-driven solutions can enhance fleet productivity and customer satisfaction. Moreover, by identifying and addressing potential issues proactively, predictive maintenance helps to prolong the lifespan of vehicle components, reducing the need for costly repairs and replacements in the long run.
Enhancing Driver Assistance Systems:
In recent years, there has been a rapid proliferation of advanced driver assistance systems (ADAS) in vehicles, ranging from adaptive cruise control to lane-keeping assistance and autonomous emergency braking. These systems leverage a combination of sensors, cameras, and AI algorithms to enhance driver safety and convenience.
At the core of ADAS is the ability to perceive and interpret the surrounding environment in real-time. AI algorithms analyze data from sensors and cameras, such as radar, lidar, and video feeds, to detect and classify objects on the road, such as vehicles, pedestrians, and obstacles. By continuously monitoring the vehicle's surroundings and predicting potential hazards, ADAS systems can provide timely warnings and interventions to assist the driver in avoiding accidents.
The evolution of ADAS is driving significant advancements in vehicle safety and performance. By augmenting the driver's capabilities and mitigating the risk of human error, these systems have the potential to reduce the number and severity of accidents on the road. Moreover, by optimizing driving behavior and vehicle dynamics, ADAS solutions can improve fuel efficiency, reduce wear and tear on components, and enhance overall vehicle performance.
Optimizing Supply Chain Management:
Efficient supply chain management is critical for automotive manufacturers to maintain competitiveness and meet customer demands. However, the complexity of global supply chains, coupled with the volatility of market demand, presents significant challenges for supply chain optimization.
AI-powered solutions are revolutionizing supply chain management by leveraging advanced analytics and machine learning algorithms to optimize inventory management, streamline logistics, and enhance demand forecasting accuracy. These solutions analyze vast amounts of historical data, including sales trends, production schedules, and supplier performance metrics, to identify patterns and insights that can inform decision-making.
By predicting demand fluctuations and optimizing inventory levels, AI-driven supply chain solutions enable manufacturers to reduce carrying costs, minimize stockouts, and improve order fulfillment rates. Moreover, by optimizing production schedules and logistics operations, these solutions can reduce lead times, improve supply chain visibility, and enhance overall operational efficiency.
Enabling Autonomous Driving:
Autonomous driving represents the pinnacle of AI innovation in the automotive industry. By leveraging a combination of sensors, cameras, and AI algorithms, autonomous vehicles (AVs) have the potential to revolutionize transportation, offering safer, more efficient, and more convenient mobility solutions.
At the heart of autonomous driving is the ability to perceive and interpret the surrounding environment in real-time. AI algorithms analyze data from a diverse array of sensors, including cameras, radar, lidar, and ultrasonic sensors, to create a detailed and accurate understanding of the vehicle's surroundings. By processing this information and predicting the behavior of other road users, such as vehicles, pedestrians, and cyclists, autonomous vehicles can navigate complex urban environments safely and efficiently.
The benefits of autonomous driving extend far beyond convenience and comfort. By eliminating the human element from the driving equation, AVs have the potential to reduce the number and severity of accidents on the road, saving lives and preventing injuries. Moreover, by optimizing driving behavior and vehicle dynamics, autonomous driving systems can improve fuel efficiency, reduce traffic congestion, and enhance overall transportation efficiency.
However, the widespread adoption of autonomous driving technology faces several challenges, including regulatory hurdles, technological limitations, and public acceptance. Regulatory frameworks governing autonomous vehicles vary significantly across different jurisdictions, with some regions embracing innovation and others adopting a more cautious approach. Moreover, the reliability and safety of autonomous driving systems remain a primary concern, particularly in scenarios involving unpredictable or adverse weather conditions, complex urban environments, and interactions with non-autonomous vehicles.
Despite these challenges, the potential benefits of autonomous driving are substantial. By reducing the need for human intervention, AVs can enable greater mobility for individuals who are unable to drive due to age, disability, or other factors. Moreover, by optimizing traffic flow and reducing congestion, autonomous driving has the potential to improve overall transportation efficiency and reduce greenhouse gas emissions.
In addition to passenger vehicles, autonomous driving technology is also being applied to other domains, such as commercial transportation and last-mile delivery. Autonomous trucks, for example, have the potential to revolutionize the logistics industry by improving efficiency, reducing costs, and enhancing safety. Similarly, autonomous drones and robots are being deployed for tasks such as package delivery, warehouse automation, and agricultural monitoring.
The development of autonomous driving technology requires collaboration and innovation across various stakeholders, including automotive manufacturers, technology companies, regulators, and consumers. Research and development efforts are focused on addressing key technical challenges, such as sensor fusion, object recognition, decision-making algorithms, and vehicle-to-vehicle communication.
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Conclusion:
As the Automotive Artificial Intelligence (AI) Market continues to evolve, the role of AI in powering performance across various facets of the automotive industry is becoming increasingly prominent. From predictive maintenance and driver assistance systems to supply chain optimization and autonomous driving, AI-driven solutions are revolutionizing the way vehicles operate, paving the way for a safer, more efficient future on the roads.
As automotive manufacturers and technology providers continue to innovate and collaborate, the potential for AI to drive performance and transform the automotive industry is limitless. By unlocking new opportunities for efficiency, safety, and sustainability, AI-powered solutions are shaping the future of mobility and redefining the automotive experience for drivers and passengers alike.
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nextmscblog · 2 months
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Exploring the Impact of Active Seat Belt Systems on Fleet Management
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Introduction:
The automotive industry is witnessing a paradigm shift towards enhanced safety measures, with active seat belt systems emerging as a key innovation in ensuring passenger protection. According to a study by Next Move Strategy Consulting, the global Active Seat Belt System Market is projected to reach USD 20.73 billion by 2030, with a compound annual growth rate (CAGR) of 8.0%. In this context, the role of active seat belt systems in fleet management cannot be overstated. This comprehensive article delves into the multifaceted impact of active seat belt systems on fleet management, elucidating their importance, benefits, and implications for businesses operating fleets of vehicles.
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Enhanced Safety Measures:
Fleet management entails the oversight of a diverse range of vehicles employed for various purposes, including transportation, delivery, and logistics. Ensuring the safety of drivers and cargo is a paramount concern for fleet managers, and active seat belt systems play a pivotal role in enhancing safety measures within fleets. These advanced systems incorporate sophisticated features such as automatic tightening during sudden braking or collision, pre-tensioning to reduce slack, and intelligent sensors to detect occupant position and weight. By dynamically adjusting seat belt tension based on driving conditions and occupant characteristics, active seat belt systems mitigate the risk of injuries and fatalities in the event of an accident.
Reduced Risk of Injuries and Fatalities:
 One of the most significant impacts of active seat belt systems on fleet management is the substantial reduction in injuries and fatalities resulting from accidents. Traditional seat belts, while effective to a certain extent, may not provide optimal protection in all scenarios. Active seat belt systems address this limitation by actively adjusting seat belt tension to ensure proper restraint during sudden maneuvers or collisions. This proactive approach significantly reduces the likelihood of occupants sustaining severe injuries caused by improper seat belt usage or inadequate restraint. By prioritizing occupant safety, fleet managers can mitigate potential liabilities and safeguard the well-being of their drivers and passengers.
Improved Driver Behavior:
In addition to enhancing passive safety measures, active seat belt systems contribute to improving driver behavior and promoting a culture of safety within fleets. These systems are equipped with sensors and monitoring capabilities that provide real-time feedback to drivers regarding their seat belt usage and overall safety practices. By actively engaging with drivers and reinforcing safe driving habits, such as wearing seat belts correctly, maintaining proper seating posture, and adhering to speed limits and traffic regulations, fleet managers can foster a safety-conscious environment. Moreover, the integration of active seat belt systems encourages responsible behavior behind the wheel, leading to fewer accidents, reduced insurance premiums, and improved operational efficiency.
Enhanced Fleet Performance:
The adoption of active seat belt systems in fleet vehicles not only improves safety but also contributes to enhanced performance and productivity in various ways:
Reduced Insurance Costs: By minimizing the risk of accidents and injuries, fleets equipped with active seat belt systems may benefit from reduced insurance premiums. Insurance providers often offer discounts or incentives for implementing advanced safety features, translating into significant cost savings for fleet operators.
Enhanced Driver Satisfaction and Retention: Prioritizing safety through the integration of active seat belt systems demonstrates a commitment to driver welfare, fostering a positive work environment and improving driver satisfaction. Satisfied drivers are more likely to remain with the fleet, reducing turnover rates and recruitment costs.
Data-Driven Decision Making: Active seat belt systems often incorporate data collection and analysis capabilities, providing fleet managers with valuable insights into driver behavior, vehicle performance, and safety trends. Leveraging this data allows for informed decision-making, such as optimizing routes, scheduling maintenance, and implementing targeted safety training programs.
Improved Customer Satisfaction: Safe and reliable transportation is paramount for customer satisfaction, particularly in industries such as logistics and delivery. By investing in advanced safety technologies including active seat belt systems, fleet operators can instill confidence in their customers and build lasting relationships based on trust and reliability.
Environmental Benefits: Enhanced fleet performance facilitated by active seat belt systems can also lead to environmental benefits. Optimized routes, reduced downtime, and improved fuel efficiency result in lower emissions and a smaller carbon footprint, aligning with sustainability goals and regulatory requirements.
Compliance with Sustainability Initiatives: In addition to reducing emissions and minimizing the carbon footprint, the integration of active seat belt systems aligns with broader sustainability initiatives undertaken by fleet operators. Many organizations are committed to reducing their environmental impact and adopting eco-friendly practices across their operations. By investing in advanced safety technologies that promote fuel efficiency and reduce resource consumption, fleets can demonstrate their commitment to environmental stewardship and corporate social responsibility.
Competitive Advantage in the Marketplace: As consumers and businesses alike prioritize safety and sustainability when choosing transportation providers, fleets equipped with active seat belt systems gain a competitive edge in the marketplace. Highlighting these advanced safety features in marketing materials and communications can differentiate fleet operators from competitors, attract environmentally-conscious customers, and win new business opportunities. Moreover, maintaining a strong reputation for safety and sustainability can lead to long-term loyalty and repeat business from satisfied customers.
Compliance with Regulatory Standards:
Compliance with stringent regulations governing vehicle safety and occupant protection is paramount for fleet operators to avoid fines, penalties, and legal liabilities. Active seat belt systems play a pivotal role in ensuring compliance with regulatory standards by equipping vehicles with advanced safety features that exceed minimum requirements. By proactively addressing safety concerns and investing in innovative technologies, fleet managers demonstrate a commitment to prioritizing the well-being of their drivers and passengers.
Moreover, compliance with regulatory standards enhances the reputation and credibility of fleet operators, instilling trust and confidence among stakeholders and customers. Additionally, adherence to regulatory standards fosters a positive relationship with regulatory authorities, facilitating smoother operations and reducing the risk of audits or enforcement actions. By staying abreast of evolving regulations and continuously updating safety protocols, fleet managers can navigate the complex regulatory landscape with confidence and ensure the ongoing compliance of their fleets.
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Conclusion:
Active seat belt systems represent a significant advancement in automotive safety technology, with far-reaching implications for fleet management. By dynamically adjusting seat belt tension based on driving conditions and occupant characteristics, these systems enhance passenger protection, reduce the risk of injuries and fatalities, and promote a culture of safety within fleets. Furthermore, the integration of active seat belt systems contributes to enhanced fleet performance, improved operational efficiency, and compliance with regulatory standards. As the global Active Seat Belt System Market continues to expand, fleet operators must recognize the pivotal role of these systems in optimizing safety and mitigating risks associated with accidents and injuries. By embracing technology-driven solutions and prioritizing occupant safety, fleet managers can create safer environments for their drivers and passengers while driving long-term success and profitability.
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generousheartpeace · 2 months
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infinitiresearch · 4 months
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Automotive Brake Wear Sensors Market| Analysis, Growth and Forecast, 2023 – 2027
Originally published on Technavio: Automotive Brake Wear Sensors Market by Application, Product, and Geography - Forecast and Analysis 2023-2027
The Automotive Brake Wear Sensors market is poised for substantial growth, with a forecast period spanning from 2023 to 2027. This market is characterized by diverse applications, products, and geographical considerations, reflecting the increasing demand for advanced safety features in the automotive industry.
**Application:** The Automotive Brake Wear Sensors market finds applications across various segments within the automotive sector. These applications include passenger cars, light commercial vehicles, and heavy commercial vehicles. Brake wear sensors play a crucial role in monitoring the condition of brake pads and discs, providing timely alerts to drivers and maintenance personnel. In passenger cars, the integration of brake wear sensors enhances safety by ensuring the timely replacement of worn-out brake components. Light commercial vehicles and heavy commercial vehicles also benefit from these sensors, contributing to fleet safety and overall operational efficiency.
**Product:** The market encompasses a range of products designed to address the diverse needs of different vehicle types. These products include electronic wear sensors and copper-based wear sensors. Electronic wear sensors utilize advanced technology to detect and transmit brake wear information, providing precise data for vehicle maintenance. Copper-based wear sensors, on the other hand, rely on the physical wear of copper elements to indicate brake pad deterioration. The availability of different products allows manufacturers and consumers to choose the sensor type that best aligns with their preferences and technological requirements.
**Geography:** Geographically, the Automotive Brake Wear Sensors market spans regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America, driven by the United States, is a significant market player due to its mature automotive industry and a high demand for safety features. Europe follows closely, with a strong focus on vehicle safety standards and regulations. The Asia-Pacific region, particularly countries like China and India, is expected to witness substantial growth due to the increasing automotive production and a growing emphasis on road safety. Latin America and the Middle East and Africa are also anticipated to contribute to market growth as the automotive market expands in these regions.
**Factors Driving Market Growth:** Several factors contribute to the anticipated growth of the Automotive Brake Wear Sensors market. The increasing awareness of road safety, stringent regulations mandating safety features in vehicles, and the growing emphasis on preventive maintenance drive the adoption of brake wear sensors. Automotive manufacturers are increasingly integrating advanced safety technologies into their vehicles, contributing to market growth. The rising demand for electric and hybrid vehicles, coupled with the incorporation of smart sensor technologies in modern vehicles, further propels the market. As consumers prioritize vehicle safety and regulatory bodies continue to enforce stringent safety standards, the Automotive Brake Wear Sensors market is expected to witness sustained growth.
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In conclusion, the Automotive Brake Wear Sensors market presents a dynamic landscape with diverse applications, products, and geographical influences. The forecast period from 2023 to 2027 suggests substantial growth, driven by the global automotive industry's focus on safety, regulatory compliance, and the integration of advanced technologies in vehicles.
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Auto Parts
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Auto parts are the essential building blocks of the automotive industry, serving as the backbone that keeps vehicles running smoothly and efficiently. These components encompass a vast array of parts, from intricate electrical systems to rugged mechanical components, all working in harmony to ensure the optimal performance and safety of vehicles.
From engines and transmissions to brakes and suspensions, auto parts come in various shapes and sizes, catering to different makes and models of vehicles. With the rapid advancement of technology, modern auto parts have evolved to incorporate cutting-edge innovations, such as sensors and microprocessors that enhance functionality, efficiency, and driver experience.
One crucial aspect of auto parts is maintenance and replacement. Over time, due to wear and tear, even the highest quality components can degrade. Regular maintenance and timely replacement of worn-out parts are vital to extend the lifespan of vehicles and prevent potential accidents. With a wide range of aftermarket parts available, vehicle owners can choose between original equipment manufacturer (OEM) parts or third-party options, based on their preferences and budget.
The auto parts industry is a global network of manufacturers, suppliers, distributors, and retailers, all working together to ensure the availability of parts whenever and wherever they are needed. This industry also plays a significant role in the economy, providing jobs and fostering innovation. Moreover, the increasing emphasis on sustainable practices has pushed the industry to explore eco-friendly materials and manufacturing processes, reducing its environmental footprint.
As vehicles become more complex and diverse, the demand for specialized auto parts has grown. Enthusiasts seeking performance upgrades, off-road aficionados, and those looking for cosmetic enhancements all contribute to a vibrant market for niche auto parts.
In conclusion, auto parts are the fundamental elements that keep vehicles operational. They range from basic components to sophisticated technological innovations, ensuring optimal performance and safety. Regular maintenance and replacement are crucial, and the industry's global network supports this need. The evolution of eco-friendly practices and the rise of specialized parts underscore the dynamic nature of the auto parts sector, which remains a cornerstone of the automotive world.
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latestsmarkettrends · 9 months
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Automotive Brake Shims Market is Set to Experience Revolutionary Growth by 2032
Global Automotive Brake shims market was valued at US$ 540.8 Bn in 2021 and is expected to reach US$ 930.0 Mn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, revenue through rubber material grew at 3.8% during 2017-2021 and is expected to witness 4.8 % CAGR during the forecasted period of 2022-2032. Owing to its excellent properties of being heat resistant and high insulation for vibration and noise is driving the demand for rubber coated material in automotive brake shims.
China to Dominate the Automotive Brake Shims Market in Asia-Pacific throughout the Analysis Period
China is expected to account for 31% of the market share in global automotive brake shims by 2032. The expected market size in automotive brake shims is expected to reach US$ 64.6 Mn by 2032. China achieved a growth rate of 3.2% in automotive brake shims during 2017-2021 and is set to witness 4.5% during the forecast period.
Market growth in China can be attributed to global automotive components manufacturers extending its production facilities in China. For instance, Meneta has one of its production facilities in China. Besides Brembo has set up a new production hub in China, next to the existing plant where brake discs and brake shims are manufactured. Also, due to the rapid increase in sales of brake shims, backing plates, and NRS, NUCAP has extended its current production facility to triple its existing manufacturing facilities in automotive braking shims. The absolute dollar opportunity growth in China is projected to reach a valuation of US$ 23 Mn by 2032.
“Automotive manufacturers are continuously engaging in expanding their production capacities throughout the world. Combining titanium with other elements will assist in cutting down the manufacturing cost and benefit the aftermarket sales during the forecasted period” Comments an analyst at Future Market Insights.
Automotive brake shim manufacturers are largely aiming at setting up manufacturing facilities, investing in R&D, innovating their products and focussing on development of brake pads which will prove to be optimal and increase the life of vehicles. The key companies operating in the Automotive break shims market Vibracoustic USA, Inc. , Akebono Brake Corporation, Brickham Stampting Company, Inc., Bosch Auto Parts, Avery Dennison Corporation, Brembo S.p.A, Trelleborg Group,Delphi Technologies, Meneta, Super Circle Auto Ltd, NUCAP, Brake Performance, Textar Brake Technology, Stanztechnik Schulte GmbH and Util Group.
Some of the recent developments in Automotive Brake Shims Market are as follows:
In April 2022, EBC Brakes Racing launched titanium motorsport brake pad shims. It is suited for extreme temperatures arising from motorsport and is made available for range of high-performance car applications.
In March 2022, NUADI group expanded its market in North America. The new facilities will be in Querétaro, Mexico and aims to manufacture brake shims, backing plates and electrical wear sensors.
In November 2021, NRS brakes expanded its product line by introducing galvanized brake pads for Mitsubishi Outlander PHEV. NRS brakes for Outlander PHEV will feature noise-canceling piston cushions and shims.
In July 2021, Bosch released 38 high-quality braking parts which included Bosch Blue Disc Brake Pads. It covers multi-layer shims which will help noise dampening, occurring from braking parts.
In February 2020, Delphi announced the launch of its new brake pads for their new Volkswagen Golf. It called it Five Layers of quality which will focus on original-equipment noise-absorbing underlayer technology, shims chamfers and slots for better performance.
In June 2017, TMD Friction developed Textar Q+, an innovative dampening shim to reduce noise effect. The texture is designed with a unique adhesive and will prevent direct contact between brake pistons and the backing plate, thereby reducing vibration transfer.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Automotive Brake Shims Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Automotive Brake Shims in terms of Material Type (Rubber Coated, PSA Material, Thermoset Material, Others), By Application (Passenger Vehicle, Commercial Vehicle), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
For More Info@ https://www.futuremarketinsights.com/reports/automotive-brake-shims-market
About Future Market Insights (FMI)
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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balrajgis · 2 years
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Brake System Market Industry Specific Opportunities and Trends Affecting the Growth | Continental AG, Brembo SpA, Hitachi Astemo Ltd
Global Brake System Market report from Global Insight Services is the single authoritative source of intelligence on Brake System Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The brake system is a crucial safety feature in any vehicle. It is responsible for slowing or stopping the vehicle when the driver applies pressure to the brake pedal. The system consists of the brake pedal, brake lines, brake pads or shoes, brake rotors or drums, and calipers or wheel cylinders. When the driver presses the brake pedal, hydraulic fluid is sent from the master cylinder to the calipers or wheel cylinders. This action causes the brake pads or shoes to press against the rotors or drums, which in turn slows or stops the vehicle.
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Key Trends
Some of the key trends in brake system technology include advances in sensor technology, improved materials and manufacturing processes.
One of the most important trends is the development of more sophisticated sensors. These sensors can monitor a variety of parameters, such as brake pad wear, brake fluid level, and brake temperature. This information can be used to optimize brake performance and extend brake life.
Key Drivers
Some of the key drivers of the brake system market include the increasing demand for passenger cars and commercial vehicles, the stringent government regulations regarding vehicle safety, and the need for reducing vehicle emissions. The increasing demand for passenger cars and commercial vehicles is one of the key drivers of the brake system market. The growth of the automotive industry is fuelling the demand for brake systems. The stringent government regulations regarding vehicle safety are another key driver of the brake system market. The government regulations are mandating the use of ABS and other advanced braking systems in vehicles.
Market Segments
By Brake Type
Disc
Drum
By Technology
Antilock Braking Systems
Electronic Stability Control
By Actuation
Hydraulic
Pneumatic
By Region
North AmericaUS
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Key Players
Continental AG
Brembo SpA
Hitachi Astemo Ltd
Mando Corporation
Haldex AB
Aisin Seiki Co
Delphi Technologies
Nissin Kogyo Co Ltd
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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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credibleauomotive · 2 years
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Automotive Brake Wear Sensors Market Size 2022-2030, By Top Industry Key Players - Standard Motor Products, Centric, Delphi, Akebono, Bosch, Zimmermann
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The recent report on “Automotive Brake Wear Sensors Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Automotive Brake Wear Sensors Market”.
Global Automotive Brake Wear Sensors Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Automotive Brake Wear Sensors industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries.
Automotive Brake Wear Sensors Market: Competition Landscape
The Automotive Brake Wear Sensors market report includes information on the product launches, sustainability, and prospects of leading vendors including: (Standard Motor Products, Centric, Delphi, Akebono, Bosch, Zimmermann, Denso Corporation, Herth+Buss Fahrzeugteile, Brembo, Hawk Performance, Bosch, Sadeca, Continental, Beck/Arnley)
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Automotive Brake Wear Sensors Market: Segmentation
By Top Key Players Standard Motor Products Centric Delphi Akebono Bosch Zimmermann Denso Corporation Herth+Buss Fahrzeugteile Brembo Hawk Performance Bosch Sadeca Continental Beck/Arnley By Types Electronic Brake Wear Sensors Disc Brake Wear Sensors By Applications Original equipment manufacturers (OEMs) Aftermarket
Automotive Brake Wear Sensors Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Brake Wear Sensors market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits of the report:
This study presents the analytical depiction of the global Automotive Brake Wear Sensors industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Automotive Brake Wear Sensors market share.
The current market is quantitatively analyzed from 2018 to 2030 to highlight the global Automotive Brake Wear Sensors market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global Automotive Brake Wear Sensors market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Major Points Covered in TOC:
Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Automotive Brake Wear Sensors market portions by application, study goals, and years considered.
Market Landscape: Here, the opposition in the Worldwide Automotive Brake Wear Sensors Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
Profiles of Manufacturers: Here, driving players of the worldwide Automotive Brake Wear Sensors market are considered dependent on deals region, key items, net edge, income, cost, and creation.
Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Automotive Brake Wear Sensors Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Automotive Brake Wear Sensors Market.
Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
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Key questions answered in the report:
What will the market development pace of Automotive Brake Wear Sensors market?
What are the key factors driving the Global Automotive Brake Wear Sensors market?
Who are the key manufacturers in market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Automotive Brake Wear Sensors market?
Who are the distributors, traders, and dealers of Automotive Brake Wear Sensors market?
What are the Automotive Brake Wear Sensors market opportunities and threats faced by the vendors in the Global Automotive Brake Wear Sensors industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?
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sarahbennu01 · 4 years
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Research Report with COVID-19 Forecasts-Automotive Brake Wear Sensors Market 2020-2024 | The Rising Need to Reduce Damage of Braking System To Boost Growth
The automotive brake wear sensors market and it is poised to grow by USD 1.38 bn during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, Delphi Technologies Plc, DENSO Corp., General Motors Co., Mitsubishi Electric Corp., Robert Bosch GmbH, Sensata Technologies Holding Plc, and Standard Motor Products Inc. are some of the major market participants. Although the rising need to reduce the damage of braking system will offer immense growth opportunities, pressure to reduce cost for OEMs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising need to reduce damage of the braking system has been instrumental in driving the growth of the market. However, pressure to reduce cost for OEMs might hamper market growth.
Automotive Brake Wear Sensors Market 2020-2024 : Segmentation
Automotive Brake Wear Sensors Market is segmented as below:
·         Application
o    Passenger Cars
o    Commercial Vehicles
·         Geographic Landscape
o    APAC
o    Europe
o    MEA
o    North America
o    South America
 Automotive Brake Wear Sensors Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive brake wear sensors market report covers the following areas:
·         Automotive Brake Wear Sensors Market Size
·         Automotive Brake Wear Sensors Market Trends
·         Automotive Brake Wear Sensors Market Industry Analysis
This study identifies increased end-user concern for vehicle security as one of the prime reasons driving the automotive brake wear sensors market growth during the next few years.
Automotive Brake Wear Sensors Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive brake wear sensors market, including some of the vendors such as Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, Delphi Technologies Plc, DENSO Corp., General Motors Co., Mitsubishi Electric Corp., Robert Bosch GmbH, Sensata Technologies Holding Plc, and Standard Motor Products Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive brake wear sensors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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wahid007posts · 2 years
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Automotive Ceramics Market estimated to reach beyond USD 2.05 Billion by 2022
The report "Automotive Ceramics Market by Material (Alumina Oxide Ceramic, Titanate Oxide Ceramic, Zirconia Oxide Ceramic), Application (Automotive Engine Parts, Automotive Exhaust Systems, Automotive Electronics), and Region - Global Forecast to 2022", The automotive ceramics market is expected to grow from USD 1.59 Billion in 2017 and is projected to reach USD 2.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.
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Browse 75 market data Tables and 33 Figures spread through 119 Pages and in-depth TOC on "Automotive Ceramics Market”
The growth of the automotive ceramics market can be attributed to the increasing demand for automotive ceramics from the automotive engine parts, automotive exhaust systems, and automotive electronics applications across the globe. The automotive ceramics market is expected to witness significant growth during the forecast period, which can be attributed to its characteristics such as superior performance, safety, dependability, and environmental sustainability. These materials can efficiently function under extreme conditions such as high temperature, pressure, radiation, and corrosive exposures. Therefore, the increasing use of automotive ceramics in wide-ranging automotive applications is expected to drive the automotive ceramics market during the forecast period.
Among materials, in terms of value, the zirconia oxide ceramics market is projected to grow at the highest CAGR during the forecast period.
Based on material, the automotive ceramics market has been segmented into alumina oxide ceramic, titanate oxide ceramic, zirconia oxide ceramic, and others. The alumina oxide ceramic material segment accounted for the largest share of the automotive ceramics market in 2016. The zirconia oxide ceramics material segment is projected to grow at the highest CAGR during the forecast period. Owing to their superior properties, such as high density, high fracture toughness, high flexural strength, and high chemical resistance properties, leading market players prefer the use of zirconia oxide ceramics to manufacture automotive components and parts.
Thus, the increased demand for zirconia oxide-based ceramic components is expected to drive the demand for ceramic materials globally during the forecast period.
The automotive engine parts application segment accounted for the largest share of the automotive ceramics market in 2016.
Based on application, the automotive engine parts segment accounted for the largest share of the automotive ceramics market in 2016. Automotive ceramics are used in various applications, ranging from automotive engine parts, automotive exhaust systems, automotive electronics, and others. Automotive ceramics are replacing metals and plastics in the automotive engine application, as they are lightweight, electrically/thermally insulating, and resistant to heat, and chemicals, shockproof, wear-resistant, and reliable. Other applications of automotive ceramics include automotive brakes, coatings, and lighting. Automotive electronics is the fastest-growing application segment of the automotive ceramics market. Automotive ceramics are extensively used in the manufacturing of various electronics such as power electronics, sensor systems, and temperature management electronics.
https://www.prnewswire.com/in/news-releases/automotive-ceramics-market-worth-205-billion-usd-by-2022-680125113.html
The Asia Pacific automotive ceramics market is projected to grow at the highest CAGR during the forecast period.
The automotive ceramics market has been studied for Asia Pacific, North America, Western Europe, Central & Eastern Europe, Middle East & Africa, and South America. The Asia Pacific automotive ceramics market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific automotive ceramics market can be attributed to the growing demand from of automotive parts and components from automobile manufacturers. The region is witnessing the highest growth due to rapid economic expansion, especially in China and India.
The automotive ceramics manufacturers are shifting to this region mainly due to developing local markets and greater manufacturing competitiveness of developing economies in APAC. The growth of the APAC market is mainly driven by China, South Korea, and Japan, as these countries account for the largest share of the automotive ceramics market in the region. Moreover, increase in automotive manufacturing activities combined with the region’s emergence as a cost-effective production hub is expected to drive the automotive ceramics market. These factors are propelling the demand for automotive ceramics in the region.
Kyocera (Japan), CeramTec (Germany), NGK Spark Plug (Japan), CoorsTek (US), and Morgan Advanced Materials (UK), among others, are the key players operating in the automotive ceramics market.
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decisionforsight · 3 years
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Global Automotive Active Seatbelt System Market
Global Automotive Active Seatbelt System Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The Global Automotive Active Seat Belt Market accounted 21748.17 USD billion in 2020 and is anticipated to reach 33133.38122 USD billion by 2030 with a CAGR of approximate 4.3% during the forecast timeline.The active seatbelt system ensures the safety of the occupant in case of a collision. The system uses motors to retract the seatbelt webbing in a crucial situation and locate the button easily to fasten it. It is connected with a pre-crash electronic control unit (ECU), installed in the vehicle attached to pretensions directly. These pretensioners are tuned with specific movements of the vehicle, which further enhance the functioning of active seat belts. Further, the system is activated by using data from various safety features, such as to assist braking systems and control electronic stability, which is integrated into the vehicle. This safety component reduces the seat belt slack in dynamic driving situations, as well as fatality by 45%, which decreases the possibility of the occupants being thrown out of the vehicle. Additionally, active seat belts are similar to traditional seat belts, but with advanced technology that automatically detects threats, such as pretension, buckle lift, and others, and enhanced safety over passive seat belts. Hence these positive factors have driven the growth of the market. 
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Market Dynamics and Factors:
There is a constant increase in the safety features of the vehicles due to increases in road accidents has risen the demand for active seat belt systems over the period. According to the National Highway Traffic Safety Administration (NHTSA), 37,133 people killed in motor vehicle crashes in 2017, in which 47% were not wearing seat belts. In 2017 alone, seat belts saved an estimated 14,955 lives and if they will be wearing seat belts then it could save an additional 2,549 lives.  Further, improving the overall vehicle safety to reduce the number of collisions, governments around the world are increasingly focusing on implementing regulations that demand the development and incorporation of safety systems integrated with sensor systems and cameras in the automobile. This will increase the demand for active seat belt systems, which will help the market to grow in the coming years. However, the high cost associated with the product is expected to impede market growth. Furthermore, the boost in passenger vehicle registration and increased use of sensors are expected to present numerous opportunities for market expansion.
Market Segmentation:
  Global Automotive Active Seat Belt Market – By Components
Retractors
Pre-tensioners
Buckle Lifters
Global Automotive Active Seat Belt Market – By Application
Passenger Cars
Commercial Vehicles
Global Automotive Active Seat Belt Market – By Type
Two-Point Belts
Three-Point Belts
Four-Point Belts
Five-Point Belts
Six-Point Belts
Seven-Point Belts
Global Automotive Active Seat Belt Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020307
Geographic Analysis:
Asia-Pacific dominating the market across the world. The country like China and India have experienced high demand in this region. In China, most of the consumers are adapted to improved security and better comfort. Thereby developing high performance and cost-effective seat belt, which helps to meet customer requirements. Followed by Asia-Pacific, Europe is dominating the market, in which Germany is the largest contributor. Due to Stringent safety norms and the high rate of adoption of the latest technologies. North America is the third largest dominant region for the market, in which the US is the largest contributor.  
Competitive Scenario:
The leading market players of the automotive active seat belt market are Autoliv Inc., Continental Corporation, DENSO Corporation, Hyundai Mobis Co. Ltd., Far Europe Holding Limited, Toyoda Gosei Co. Ltd., Ningbo Joyson Electronics Corp. Tokai Rika Co. Ltd., Takata Corporation, and ZF Friedrichshafen AG. 
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Automotive Active Seatbelt System industry, although key threats, opportunities and disruptive technologies that could shape the Global Automotive Active Seatbelt System Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Automotive Active Seatbelt System Market most.
The data analysis present in the Global Automotive Active Seatbelt System Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Automotive Active Seatbelt System Market business.
The 2021 Annual Global Automotive Active Seatbelt System Market offers:
100+ charts exploring and analysing the Global Automotive Active Seatbelt System Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Automotive Active Seatbelt System Market type
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atomicdinosaurdonut · 3 years
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Growing Vehicle Production to Affect Automotive Brake Linings Market 2021
Market Analysis
The global automotive brake linings market is predicted to have a favorable growth at 7.8% CAGR during the forecast period (2019-2025). Brake linings put merely, are consumable surfaces in the brake system including disc brakes and drum brakes utilized in transport vehicles. These brake linings are made from different materials namely ceramic, semi asbestos and non-asbestos. The key function of automotive brake linings is to prevent the other braking components’ wear and tear. The braking system’s overall performance has improved considerably due to constant technological developments and innovations. One such developments worth mentioning is the BBW (brake-by-wire) system that uses sensors and actuators for gathering various data such as steering angle, acceleration and wheel speed. The materials used for making automotive brake linings are heat resistant in nature for preventing friction in causing fire or sparks. Such linings are manufactured of soft yet durable heat resistant materials. It is mounted on the brake shoe using high-temperature adhesives.
There are ample factors that is boosting the growth of the automotive brake linings market. These factors as stated by the Market Research Future (MRFR) report include growing concern towards security and safety, need for brake systems with enhanced performance efficiency, need for pleasant braking sensation and improved braking capability, increasing fleet on road and growing vehicle production. The additional factors that are driving the market growth include increasing industrialization, rapid urbanization, increasing disposable income, rising population, growing use of brake linings in SUV’s, increasing production and sale of commercial vehicles all over the world, growing need for off-highway vehicles owing to growing mining and construction activities, low maintenance cost and growing long distance transportation.
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Market Segmentation
MRFR report offers a wide segmental analysis of the automotive brake linings market on the basis of vehicle type, material, and sales channel.
Based on material, the automotive brake linings market is segmented into non-asbestos, semi-asbestos and ceramic brake lining.
Based on vehicle type, the automotive brake linings market is segmented into commercial vehicles and passenger cars. Of these, passenger cars will dominate the market during the forecast period.
Based on sales channel, the automotive brake linings market is segmented into aftermarket and OEM.
 Regional Analysis
By region, the automotive brake linings market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Of these, North America will have precedence over others in the market during the forecast period due to increasing commercial vehicle production in Mexico, Canada and the US. Besides, the burgeoning demand for electric cars is predicted to boost the market growth further in this region. The automotive brake linings market in the APAC region is predicted to have the highest share during the forecast period. This is owing to rising disposable income in India and China, increasing focus on car safety and growing automotive fleet. The constant improvement and innovations in the brake systems coupled with increasing investments being made in the automotive sectors will also boost the region’s market growth. The presence of leading manufacturers in Europe are contributing towards the market growth owing to growing number of collaborations amid automotive OEMs.
Key Players
 Leading players profiled in the automotive brake linings market include Japan Brake Industrial Co., Ltd (Japan), TMD FRICTION HOLDINGS GMBH (UK), Meritor, Inc. (US), Brembo S.p.A. (Italy), Federal-Mogul (US), SGL Group (Germany), General Motors (US), Continental AG (Germany), AISIN SEIKI Co., Ltd (Japan), and AKEBONO BRAKE INDUSTRY CO., LTD (Japan).
 May 2019- BMW’s much awaited M8 is all set to make its debut. The car has some new customizable features that cannot be missed. Along with xDrive power distribution, suspension, engine output, and steering, the driver can also adjust another part, the braking system. It has a brake-by-wire system that is electrically powered which means there is so vacuum assistance. The company claims that this system is more precise, more efficient and quicker. The best part, drivers will have the flexibility of choosing amid two braking modes- M carbon-ceramic brakes (optional) and M compound brakes (standard).
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 Key Questions Addressed by the Report
What was the historic market size?
Which segmentation (Product/     Capacity) is driving market?
What will be the growth rate?
How are the key players in this     market?
What are the strategies adopted by     key players?
TABLE OF CONTENTS
 1 EXECUTIVE SUMMARY
 2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com
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fastmusclecar123 · 4 years
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New Post has been published on http://fastmusclecar.com/best-customer-service-you-can-expect-from-a-wheels-and-tyres-dealer/best-muscle-cars/
Best Customer Service You Can Expect from a Wheels and Tires Dealer
A recent report predicts that the Australian tire market will reach close to $2.8 billion this year.
With the global automotive wheel industry projected to touch a $47 billion mark by 2025, the demand for wheels has a direct relation to the automotive industry. The fact that Australia witnesses the sale of over 1 million cars year on year corroborates these predictions.
Vehicle owners expect wheels to be strong enough to tolerate the car weight and operational forces. The automotive wheel is an integral component of your car that rotates and transmits the drive from the axle to the road. It comprises a rim, hub, and spoke, providing a means to affix the tyres. If you wish for sophisticated automotive wheel servicing, it is best to consult highly rated Australian dealers.
Here are some excellent customer services they offer, ensuring you great value for your money.
Top-Class Wheel Alignment and Balancing Service
For a smooth and safe ride, you require proper alignment of each wheel. This adjustment is directly connected to various other parts of your vehicle that impact its overall performance and quality.
The reputed dealers have wheel alignment experts; you must consult them if you doubt your car’s wheel alignment. They offer in-house services with advanced methods, guaranteeing a precise alignment.
Quality Alloy Wheel Rims
The alloy wheel has excellent aesthetic appeal, making it a popular choice among the Aussies. Its lightweight and the ability to effectively dissipate heat from tyres and brakes have compelled market leaders to invest more in its R&D.
However, finding a set of quality alloy rims for your ride could be an uphill task. The good news is that Australian dealers present over 6000 wheels from the biggest brands in the industry. You can choose from various wheel sizes ranging from 16″ to 24″, with high-quality finishes, including matte, gloss black, and chrome.
First Time Right
The renowned dealers in the automotive wheel industry stand out because of their ability to guarantee a wheel fitment, which is always right in the first instance.
Once you provide all necessary specifications about your vehicle, including make, model, and year, the dealers apply sophisticated algorithms to assess the right wheel fit. Rest assured, you will get your vehicle with the perfectly fitted wheel package, with a 100% guarantee!
Excellent Shipping Services
Typically, the top Aussie wheel dealers take 1 to 2 working days for shipping their products to Metro cities. Whereas, they guarantee delivery within 2 to 8 working days for the rural regions.
They dedicate an entire page on their user-friendly website, explaining the terms and conditions for shipping and handling. Also, they are quite transparent with clauses where they can charge you a few extra bucks.
High-Rated Car Servicing
Apart from providing top customer service for your wheel package, the Aussie dealers also function as an excellent car service centre.
They offer top-notch servicing for the engine, such as filter and brake wear replacement. Besides, they also repair and replace your flat tyres and install pressure tyre sensors that give you the right pressure readings.
Next time, when you think your vehicle’s wheel doesn’t seem quite right or find something odd with your car, get in touch with a reputed wheel and tyre dealer. Rest assured, you will have a fine-tuned vehicle to empower you to experience a pleasant car ride.
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Tire Pressure Monitoring System (TPMS) Market Growth, Competitors Analysis and Business Opportunities 2020-2027
According to a new market report published by Transparency Market Research , “Tire Pressure Monitoring System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026” is expected to surpass US$ 8 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.
The global tire pressure monitoring system market for automotive is projected to expand at a CAGR of more than 4% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). According to the report, the global market is likely to be influenced by a range of political, economic, social, technical, and industry-specific factors. Latin America is likely to witness rapid rise in demand for tire pressure monitoring system, with the market in the region anticipated to expand at a CAGR of about 7% during the forecast period.
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Vehicle tires functioning below the prescribed inflation level place the complete performance of automobile and the safety of passengers at danger. The tire pressure monitoring system of the vehicle assists in increasing safety on the highway by enhancing the vehicle’s motility, decreasing its braking displacement, reducing the wear of tires, and enhancing fuel economy of the vehicle.
The direct tire pressure monitoring system segment accounts for a majority share of more than 75% of the market. The direct tire pressure monitoring system takes help from sensors fitted inside the assembly of tire to transmit information about tire pressure to the vehicle’s computer. It is the simplest and more accurate method used to monitor tire pressure, as compared to that utilized in the indirect method. Consequently, the direct system has significant penetration in the market.
The conventional tire pressure monitoring system segment dominates the market. Easy availability and cost-efficiency are key factors responsible for the higher share held by the conventional tire pressure monitoring system segment, as compared to the intelligent tire pressure monitoring system segment, of the market.
The passenger vehicles segment held more than 70% share of the global market in 2017. Tire pressure monitoring system is an additional safety feature provided in the vehicle. Majority of OEMs provide this feature as optional in passenger vehicles. The U. S. is home to a significant number of with commercial vehicles, and the tire pressure monitoring system is mandatory in all vehicles in the U. S. Therefore, the commercial vehicles segment held a relatively higher share of the tire pressure monitoring system as compared to the vehicle production ratio of commercial vehicles and passenger vehicles.
In terms of volume, the OEMs segment is likely to lead the market, as most OEMs, such as GMC and Ford, provide the vehicle with safety features, such as tire pressure monitoring system. The segment accounted for more than 60% share of the market, in terms of volume, in 2017. The tire pressure monitoring system has a lifespan that is almost one-third to that of the vehicle, i.e., three to four years. The tire pressure monitoring system can only be replaced when there is fault in the technology, or the tires are replaced, as per consumer’s choice. Consequently, the replacement of tire pressure monitoring system is rare.
In terms of region, the global tire pressure monitoring system market for automotive can be segregated into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The global tire pressure monitoring system market was dominated by Asia Pacific, and held more than 33% share, in 2017. The penetration of tire pressure monitoring system is low in Asia Pacific; however, the region dominates the global market due to large production of vehicles.
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Development in the dimensions of tire pressure monitoring system, advancement in the materials and use of such materials to fabricate the components of tire pressure monitoring system, improvements in procedures utilized in the production of tire pressure monitoring system, and usage of highly developed designs of tire pressure monitoring system are powering the technological development of the tire pressure monitoring system for automotive.
The global tire pressure monitoring system market for automotive is highly consolidated as conceptual design and manufacturing of the tire pressure monitoring system needs significantly high precision, expertise, innovative technology, and high investment. Furthermore, the tire pressure monitoring system market for automotive witnesses the existence of key producers working in the industry for several years. Majority share of the tire pressure monitoring system market for automotive is held by global players, as they dominate the R&D for tire pressure monitoring system. Major players operating in the global tire pressure monitoring system market for automotive include Valeo, Robert Bosch, ZF Friedrichshafen AG, Continental AG, Sensata Technologies, Inc., Denso Corporation, Pacific Industrial Co., Ltd., NXP Semiconductors, WABCO, Huf Hülsbeck & Fürst GmbH & Co. KG, NIRA Dynamics AB, Bendix Commercial Vehicles Systems LLC, Dunlop Tech GmbH, Hamaton Automotive Technology Co., Ltd., Bartec USA LLC, and ATEQ.
The global tire pressure monitoring system market for automotive has been segmented into:
Global Tire Pressure Monitoring System Market for Automotive, by Type
Direct Tire Pressure Monitoring System Market for Automotive (TPMS)
Indirect Tire Pressure Monitoring System Market for Automotive (TPMS)
Global Tire Pressure Monitoring System Market for Automotive, by Technology
Intelligent TPMS
Conventional TPMS
Global Tire Pressure Monitoring System Market for Automotive, by Vehicle Type
Passenger Vehicles
Commercial Vehicles
Global Tire Pressure Monitoring System Market for Automotive, by Sales Channel
OEMs
Aftermarket
Global Tire Pressure Monitoring System Market for Automotive, by Region
U. S.
Canada
Brazil
Mexico
Rest of Latin America
Germany
U. K.
France
Italy
Spain
Rest of Europe
China
India
Japan
ASEAN
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East & Africa
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