Automotive Chromium Finishing Global Market Report 2023 – By Base Material (Metal, Plastics), By Process (Decorative Chrome, Hard Chrome), By Vehicle (Passenger Car, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Two-Wheelers), By End-User (Automotive Original Equipment Manufacturer (OEM), Automotive Aftermarket) – Market Size, Trends, And Global Forecast 2023-2032

An automotive axle is a rod or a shaft that rotates the wheels and supports the vehicle's entire weight, whereas propeller shafts are a component of an axle system that helps to transmit torque between the transmissions. The automotive axle and propeller shaft are used to transmit and provide torque and rotation to the wheels of the vehicle. The main types of automotive axles and propeller shafts are single-piece and multi-piece. A single piece refers to an arrangement with two universal joints that increase the strength and efficiency of the shaft. The types of propeller shafts are front propeller, inter-axle, and rear propeller. The types of vehicles covered are passenger cars, light commercial vehicles, and heavy commercial vehicles made with materials such as alloys and carbon fibre sold by original equipment manufacturers and aftermarket. The global automotive axle and propeller shaft market is segmented - 1) By Type: Single Piece, Multi Piece 2) By Propeller Shaft Type: Front Propeller, Inter-Axle, Rear Propeller 3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles 4) By Material: Alloy, Carbon Fiber 5) By Sales Channel: Original Equipment Manufacturer, Aftermarket The global automotive axle and propeller shaft market size grew from $28.96 billion in 2022 to $30.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.9% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive axle and propeller shaft is expected to grow to $39.72 billion in 2027 at a CAGR of 6.4% . The increase in demand for comfortable and fuel-efficient vehicles is expected to propel the growth of the automotive axle and propeller shaft market going forward. Fuel-efficient vehicles can be referred to as vehicles that have a fuel consumption of fewer than 6 litres per 100 km, which reduces global warming emissions and produces less pollution. Automotive axles and propeller shafts help fuel-efficient vehicles by reducing fuel expenses, carbon emissions, and dependence on foreign oil while also improving the use of sustainable energy. For instance, in April 2021, according to the Global EV Outlook 2021, published by the International Energy Agency report, a France-based global energy system intergovernmental organization, the number of electric vehicles sold worldwide reached 10 million in 2020, an increase of 43% from the previous year. There were about 3 million new electric vehicles registered in 2020. Europe took the lead for the first time with 1.4 million new registrations. China registered 1.2 million new electric automobiles after the United States registered 2.95 million. Thus, the increase in demand for comfortable and fuel-efficient vehicles is driving the growth of the automotive axle and propeller shaft market. Major players in the automotive axle and propeller shaft market are Dana Corporation, American Axle and Manufacturing Inc., Gelenkwellen-Service GmbH, GKN-Walterscheid GmbH, Hyundai Wia Corporation, IFA Rotorion, JTEKT Corporation, Meritor Inc., ZF Friedrichshafen AG, Korea Flange Co. Ltd., Wahan Engineering Corporation, Automotive Axles Limited, Bailey Morris Ltd., D And F Propshafts, Mark Williams Enterprises Inc., and Wilson Drive Shafts . Technological advancements are the key trend gaining popularity in the automotive axle and propeller shaft market. Major companies operating in the market are introducing new technologies such as driveline systems technology that uses an integrated oil pan (IOP) front axle assembly with an electronic disconnect that transmits torque from the front axle to the front axle half shafts, reducing friction. For instance, in January 2020, Xtrac Limited, a UK-based designer and manufacturer of transmission systems operating in the automotive axle and propeller shaft market, launched an advanced e-axle system for electric-powered Rallycross cars that is highly efficient and lightweight and is suitable for use with motors with a power rating of 250kW. This e-axle technology delivers lubrication by an internal eccentric rotor pump with pressure input to all crucial locations to reduce churning losses and increase overall gearbox efficiency. There is also an option to add an externally mounted oil cooler. In November 2021, Walterscheid Powertrain Group, a Germany-based off-highway and industrial equipment and machinery manufacturing company, acquired IFA Kardan for an undisclosed amount. With this acquisition, Walterscheid Powertrain Group aims to expand the driveshaft portfolio and increase focus on the main and secondary drives for small- and medium-sized agricultural and construction vehicles. IFA Kardan is a Germany-based manufacturer of Cardan shafts and various types of joints used in construction and agricultural vehicles operating in the automotive axle and propeller shaft market. Asia-Pacific was the largest region in the automotive axle and propeller shaft market in 2022. Latin America is expected to be the fastest-growing region in the forecast period. The regions covered in this automotive axle and propeller shaft market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive axle and propeller shaft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive axle and propeller shaft market consist of sales of single-piece type propeller shaft, two-piece type propeller shaft , semi-floating axle, full-floating axle, three-quarter floating axle, live front axle, dead front axle, Elliot, reverse Elliot, Lamoine and reversed Lamoine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive axle and propeller shaft market research report is one of a series of new reports from The Business Research Company that provides automotive axle and propeller shaft market statistics, including global and regional shares, competitors with an automotive axle and propeller shaft market share, detailed automotive axle and propeller shaft market segments, market trends and opportunities, and any further data you may need to thrive in the automotive axle and propeller shaft industry. This automotive axle and propeller shaft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive catalysts refer to a chamber located on the underside of a vehicle that splits harmful gas molecules before they get released into the air and that is used to change the harmful compounds from an engine’s emissions into safe gases. The main products of automotive catalysts are two-way catalytic converters, three-way catalytic converters, and diesel oxidation catalysts. Diesel oxidation catalysts refer to catalytic converters designed specifically for diesel engines and equipment to reduce carbon monoxide (CO), hydrocarbons (HC), and particulate matter (PM) emissions. The raw materials used are rhodium, platinum, and palladium. The various applications involved heavy-duty vehicles, light-duty vehicles, and other applications. The global automotive catalyst market is segmented - 1) By Product: Two-Way Catalytic Converter, Three-Way Catalytic Converter, Diesel Oxidation Catalyst 2) By Raw Material: Rhodium, Platinum, Palladium 3) By Application: Heavy-Duty Vehicle, Light-Duty Vehicle, Other Applications The global automotive catalyst market size grew from $16.05 billion in 2022 to $17.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.4% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive catalyst is expected to grow to $22.57 billion in 2027 at a CAGR of 7.0% . Government initiatives on emissions are expected to propel the growth of the automotive catalyst market going forward. The Indian government is focusing on several programmes or initiatives for controlling emissions into the atmosphere. Different types of catalysts, such as noble metal, base metal, and transition metal catalysts, are employed in automobile exhaust gas emissions controls. According to IndiaSpend, an Indian-based non-profit media platform, the Indian government's five new emission pledges plan to reduce total carbon emissions by 1 billion tonnes and the economy's carbon intensity to less than 45% by January 2022.Therefore, government initiatives on emissions are driving the growth of the automotive catalyst market. Major players in the automotive catalyst market are BASF SE, Johnson Matthey, Umicore N.V, Tenneco Inc., Clean Diesel Technologies Inc., Cummins Inc., Ecocat India Pvt. Ltd., Clariant, Cataler Corporation, Interkat Catalyst GmbH, Heraeus , DCL International Inc., Solvay S.A, Eberspcher, and N.E. CHEMCAT . Technological advancements are a key trend gaining popularity in the automotive catalyst market. Major companies operating in the automotive catalyst sector are focused on developing new technological solutions to strengthen their position. For instance, in March 2020, BASF, a German chemical company that includes automotive catalysts, launched Tri-Metal Catalyst technology in collaboration with Impala Platinum and Sibanye-Stillwater. This innovative new technology enables partial substitution of palladium with platinum, which reduces costs and helps avoid the deficits of palladium. Tri-Metal Catalyst adoption can lower catalytic converter costs for cars and partially rebalance market demand for PGMs, improving the sustainability of the PGM market and reducing costs while not making compromises with the emission standards. In September 2020, APACE Holding Company, a US-based automotive company, acquired APC’s emissions business unit, AP Emissions, for an undisclosed amount. With this acquisition, APACE will strengthen AP Emissions' position and development in the aftermarket sector and allow the company to better serve its clients and generate more opportunities. AP Emissions is a US-based manufacturer of automotive catalysts and other automotive parts. Europe was the largest region in the automotive catalyst market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive catalyst market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive catalyst market consists of sales of two-way catalytic converters, three-way catalytic converters, and diesel oxidation catalysts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive catalyst market research report is one of a series of new reports from The Business Research Company that provides automotive catalyst market statistics, including automotive catalyst industry global market size, regional shares, competitors with an automotive catalyst market share, detailed automotive catalyst market segments, market trends and opportunities, and any further data you may need to thrive in the automotive catalyst industry. This automotive catalyst market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive coatings are applied to the surface of automobiles to protect them from corrosion and improve their aesthetic value. Automotive coatings are used to coat interior and exterior parts of vehicles with some powder or liquid to enhance the look and toughness of automobiles and also to make them heat- and shock-resistant. The main types of automotive coatings are clearcoat, basecoat, e-coat, and primer. The vehicle clear coat is the final coat of paint that is applied to the vehicle after the primer and pigmented paint have been applied. It's a clear, glossy coating that's meant to improve the look of the vehicle's paint while also protecting it from environmental damage. The coatings are manufactured based on various technologies, such as solvent-borne, water-borne, and powder coatings using polyurethane, epoxy, and acrylic resins. Automotive coatings are used on metal and plastic substrates for OEM and refinishing applications. The global automotive coatings market is segmented - 1) By Coat Type: Clearcoat, Basecoat, E-Coat, Primer 2) By Resin Type: Polyurethane, Epoxy, Acrylic 3) By Technology: Waterborne Coatings, Solventborne Coatings, Powder coatings, UV-Cured Coatings 4) By Substrate: Metals, Plastics 5) By End-Use: Light Vehicle OEM, Commercial OEM, Automotive Refinish The global automotive coatings market size grew from $18.75 billion in 2022 to $20.7 billion in 2023 at a compound annual growth rate (CAGR) of 10.4% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive coatings is expected to grow to $27.72 billion in 2027 at a CAGR of 7.6% . The increase in demand for lightweight vehicles is significantly contributing to the growth of the automotive coatings market. Stringent emission norms and the growing need for a reduction in fuel consumption have supported the demand for lightweight vehicles. The lightweight vehicle surfaces are coated with different types of coatings for protective as well as decorative purposes. Automotive coatings protect the automobile surface from corrosion as well as decrease the overall weight of vehicles. For instance, according to the National Automobile Dealers Association (NADA), a US-based automobile trade organization, in 2021, sales of new lightweight vehicles will have increased to 14.93 million units, up 3.1% from 2020. Therefore, the increase in demand for lightweight is expected to support the growth of the automotive coatings market going forward. Major players in the automotive coatings market are The Valspar Corporation, Solvay, Sherwin-Williams Company, PPG Industries, Nippon Paint Automotive Coatings Co. Ltd., Lord Corporation, KCC Paint, Kansai Paint Co. Ltd., Arkema SA, Eastman Chemical, Clariant AG, Cabot Corporation, Berger Paints, Beckers Group, Bayer AG, BASF SE, Axalta Coating Systems, and Akzo Nobel N.V . Strategic collaborations between companies have emerged as a key trend gaining popularity in the automotive coatings market. Companies in the automotive coating industry are undergoing various collaborations to develop new technologies and products. For instance, in 2020, IGL Coatings, a pioneer in ceramic and automobile eco-friendly coatings, announced a strategic partnership with Yamaclar, a multi-generational Turkish company that manufactures various automotive paints, for the distribution of its products in Turkey. Moreover, in 2020, BASF, a Germany-based automotive manufacturer in China, signed a cooperative agreement with GACNE, a pioneer in the automotive paint industry, to improve product quality and efficiency while also implementing digital automotive coating solutions. In April 2021, PPG Industries Inc., a US-based company that distributes and manufactures a wide range of coatings, paints, and specialty materials, acquired Cetelon Lackfabrik GmbH for an undisclosed amount. Through this acquisition, PPG Industries Inc. will be able to expand its existing coatings product portfolio, liquid and powder coating technologies, and color matching capabilities. Cetelon Lackfabrik GmbH is a German-based company that develops and manufactures a wide range of coating systems for the automobile industry. Asia-Pacific was the largest region in the automotive coatings market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive coatings market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive coatings market consists of sales of automotive coating technology, including UV-cured coating. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive coatings market research report is one of a series of new reports from The Business Research Company that provides automotive coatings market statistics, including automotive coatings industry global market size, regional shares, competitors with an automotive coatings market share, detailed automotive coatings market segments, market trends and opportunities, and any further data you may need to thrive in the automotive coatings industry. This automotive coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive direct current (DC)-direct current (DC) converter is defined as a converter that converts the high voltage into low voltage or low voltage into high voltage depending on its application. The main types of automotive DC-DC converters are isolated and non-isolated. In an isolated DC-DC converter, the DC path between its input and output is eliminated. A non-isolated DC-DC converter does not eliminate the DC path and the input and output are connected by that path. The different propulsion types include battery electric vehicles (BEV), fuel cell electric vehicles (FCEV), and plug-in hybrid vehicles (PHEV). The input voltage ranges from < 40V, 40-70V, to >70V and the output voltage ranges from <1kW, 1-10kW, 10-20kW, to >20kW. These are used in passenger vehicles and commercial vehicles. The global automotive DC-DC converter market is segmented - 1) By Propulsion Type: Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Plug-in Hybird Vehicle (PHEV) 2) By Product-Type: Isolated, Non-Isolated 3) By Input Voltage: < 40V, 40-70V, >70V 4) By Output Power: <1kW, 1-10kW, 10-20kW, >20kW 5) By Application: Passenger Vehicle, Commercial Vehicle The global automotive DC-DC converter market size grew from $0.45 billion in 2022 to $0.63 billion in 2023 at a compound annual growth rate (CAGR) of 40.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive DC-DC converter is expected to grow to $2.28 billion in 2027 at a CAGR of 37.6%. The increase in the adoption of electric vehicles contributed to the growth of the automotive DC-DC converter market. The output of the batteries in an electric vehicle is several hundred of volts but the components inside the vehicles require different voltages and most of the components run on lower voltage such as air-conditioning and in-built displays. The automotive DC-DC converter turns the high voltage into low voltage or low voltage to high For instance, according to May 2022 published, Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. The increase in the adoption of electric vehicles increases the demand for automotive DC-DC converters, driving the growth of the automotive DC-DC converter market. Major players in the automotive DC-DC converter market are Continental AG, BorgWarner Inc., Denso Corporation, Valeo, Toyota Industries Corporation, Bosch, Vicor Corporation, TDK-Lambda Corporation, Delta Electronics, HELLA GmbH & Co. KGaA, Hyundai Mobis, Panasonic Corporation, Infineon technologies, Mornsun, Alps Alpine Co, Mareli Corporation, LG Innotek, Texas Instruments Incorporated, ZF Friedrichshafen AG, NAC Group Inc., SynQor, Nanjing Pengtu Power Supply Co. Ltd., AEGIS Power Systems Inc., Murata Manufacturing Co. Ltd., Shindengen Electric Manufacturing Co. Ltd., and Delta-Q Corporation. The fluctuations in global automotive production are expected to limit the growth of the automotive DC-DC converter market. For instance, global vehicle production was expected to be 89 million in 2020 but due to the COVID crisis, the production came down to 71 million, which is 20% less. For instance, in May 2022, according to a statistics report published by Knoema, a US-based data technology company, the global automobile production declined considerably in 2020, falling 15.4% from 2019. The fluctuations in global automotive production result in oversupply or low supply conditions, which has a negative impact on the automotive DC-DC converter market. Synchronous buck DC-DC converters are increasingly being produced by automotive DC-DC converter manufacturers. Synchronous buck DC-DC converters produce a regulated voltage lower than its input voltage and deliver high currents with minimizing power loss. For instance, ROHM announced a series of automotive synchronous buck DC-DC converters that have reliability and low power consumption in a compact form. These converters are used in applications such as radars, cameras, and sensors that are used for assisted driving. In October 2020, BorgWarner, a US-based automotive components and parts supplier, acquired Delphi Technologies, a UK-based manufacturer of combustion systems, electrification products, software, and controls, for a deal amount of $3.3 billion. The acquisition is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities, and scale. The company, after the acquisition, will offer integrated and standalone offerings for power electronics products including high voltage converters, inverters, onboard chargers, and battery management. Delphi Technologies was founded in the year 2014 and is headquartered in London, United Kingdom. Asia-Pacific was the largest region in the automotive DC-DC converter market in 2022. The regions covered in the automotive DC-DC converter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive DC-DC converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive direct current (DC)-direct current (DC) converter market consists of sales of isolated direct current (DC)-direct current (DC) converters and non-isolated direct current (DC)-direct current (DC) converters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive DC-DC converter market research report is one of a series of new reports from The Business Research Company that provides automotive DC-DC converter market statistics, including automotive DC-DC converter industry global market size, regional shares, competitors with a automotive DC-DC converter market share, detailed automotive DC-DC converter market segments, market trends and opportunities, and any further data you may need to thrive in the automotive DC-DC converter industry. This automotive DC-DC converter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An automotive digital cockpit solution refers to digital interfaces that OEMs can use to overcome the limitations of traditional analog instrument clusters inside their cars, like parallax error of meter, which happens due to the viewing angle, and offer real-time data with digital interference. It is used for digital experiences within a car, encompassing multiple screens, digital assistants, and different input methods. The main types of automotive digital cockpits are passenger vehicles and commercial vehicles. A passenger car refers to a road motor vehicle, other than a motorcycle, that is designed to transport passengers and seat no more than nine people (including the driver). The various equipment includes a digital instrument cluster, driving monitoring system, and heads-up display. The display includes LCD, TFT-LCD, and OLED. The global automotive digital cockpit market is segmented - 1) By Vehicle Type: Passenger Vehicle, Commercial Vehicle 2) By Equipment: Digital Instrument Cluster, Driving Monitoring System, Heads-Up Display 3) By Display: LCD, TFT-LCD, OLED The global automotive digital cockpit market size grew from $21.13 billion in 2022 to $23.71 billion in 2023 at a compound annual growth rate (CAGR) of 12.2% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive digital cockpit is expected to grow to $36.72 billion in 2027 at a CAGR of 11.6% . The increasing number of connected vehicles is expected to propel the growth of the automotive digital cockpit market going forward. A connected vehicle refers to a vehicle that has an inbuilt system of connectivity that makes it possible to access the internet and connect wirelessly to nearby devices. The automotive digital cockpit helps connected vehicles unlock future connected car experiences and is envisioned as the key technology trend. For instance, according to Smartcar Inc., a US-based mobility developer platform, there are 30 million new connected vehicles sold in 2020, making up 41% of total new car sales worldwide. In the United States, 91% of cars sold are connected vehicles. That is over 13 million new connected cars. Therefore, an increasing number of connected vehicles is driving the growth of the growth of the automotive digital cockpit market. Major players in the automotive digital cockpit market are Denso Corporation, Aptiv PLC, Faurecia Clarion, Harman International, Pioneer Corporation, Valeo, Mobis India Ltd., Nippon Seiki Co Ltd., Desay Industry , Japan Display Inc., Marelli Holdings Co Ltd., Toshiba Digital Solution Corporation, WayRay AG and Magna International. Technological advances are the key trend gaining popularity in the automotive digital cockpit market. Major companies operating in the automotive digital cockpit market are introducing technological innovations such as 5G low latency technologies to sustain their position in the automotive digital cockpit market. For instance, in January 2020, Samsung, a South Korea-based multinational manufacturing company with a subsidiary, Harman International, a US-based company that manufactures audio equipment for cars, co-developed and launched their pioneering digital cockpit 2020. Using 5G, it links features inside and outside of the vehicle, and it provides connected experiences to both drivers and passengers. It also pairs with V2X technology and QLED Local Dimming1 technology. In February 2021, DXC Technology Company, a US-based information technology services company, acquired Luxoft for the deal amount of $2 billion. Through this acquisition, DXC Technology Company aims to strengthen the digital requirements for customers and sustain its position in the market. Luxoft is a Switzerland-based technology services provider that offers digital cockpit solutions through the development, integration, testing, digital cluster support, head-unit systems, rear-seat entertainment systems, and head-up displays. Asia-Pacific was the largest region in the automotive digital cockpit market in 2022. The regions covered in the automotive digital cockpit market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive digital cockpit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The automotive digital cockpit market consists of revenues earned by entities by providing digital cockpit solutions such as safety-critical features, information, entertainment, navigation, ADAS, proactive artificial intelligence, and comfort controls. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive digital cockpit market also includes sales of head-up displays, infotainment systems, navigation systems, embedded visualizations, smart voice assistance, Wi-Fi cameras, and HVAC controllers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive digital cockpit market research report is one of a series of new reports from The Business Research Company that provides automotive digital cockpit market statistics, including automotive digital cockpit industry global market size, regional shares, competitors with an automotive digital cockpit market share, detailed automotive digital cockpit market segments, market trends and opportunities, and any further data you may need to thrive in the automotive digital cockpit industry. This automotive digital cockpit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive engine and engine mounts refer to the frame of the car engine that holds the engine and transmission in place and doesn’t require regular maintenance. It is employed to dampen vibrations that are caused by operating machines and to support the motor. It is used for reducing vibrations and making the ride much smoother. The main product types of automotive engine and engine mounts are elastomer mounts, active hydraulic mounts, passive hydraulic mounts, and electrohydraulic mounts. Active hydraulic mounts use specially generated compensation movements to neutralize the incoming engine vibrations. The fuel types are gasoline, diesel, hybrid, and natural gas. The sales channels are OEM and aftermarket. The end users involved SUVs and sedans. The global automotive engine and engine mounts market is segmented - 1) By Product Type: Elastomer Mounts, Active Hydraulic Mounts, Passive Hydraulic Mounts, Electrohydraulic Mounts 2) By Fuel Type: Gasoline, Diesel, Hybrid, Natural Gas 3) By Sales Channel: OEM, Aftermarket 4) By End User: SUV, Sedan The global automotive engine and engine mounts market size grew from $79.71 billion in 2022 to $86.68 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive engine and engine mounts is expected to grow to $119.35 billion in 2027 at a CAGR of 8.3%. The rising production of passenger cars is expected to propel the growth of automotive engines and engine mounts going forward. A passenger car refers to a road motor vehicle, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons. Adaptive engine mounts are a further development of hydro mounts and are primarily used to increase comfort in longitudinally mounted engines with high excitation potential in passenger cars. For instance, in May 2022, according to Business Today, an India-based business magazine data, total passenger vehicle (PVs) sales in May 2022 rose 185% year-on-year (YoY) to 251,052 units. In May 2021, 88.04k passenger vehicle units have been sold. Therefore, the rising production of passenger cars is driving the growth of the automotive engine and engine mounts market. Major players in the automotive engine and engine mounts market are Mitsubishi Heavy Industries Ltd., Cummins Inc., Continental AG, Y-Tec India Pvt Ltd., Trinity Auto Engineering Pvt Ltd., Scania AB, Hutchinson SA, Cooper Standard Automotive Inc., Trelleborg AB, Toyo Tire U.S.A. Corp, BWI Group , S M International, Sumitomo Riko Company Limited, Yamashita Rubber Co Ltd., and WanLi Topshine Technological advancements are a key trend gaining popularity in the automotive engine and engine mount market. Major companies operating in the automotive engine and engine mount market are focused on developing new technological solutions to strengthen their position. For instance, in December 2020, Cummins, a US-based manufacturer of automotive engines and engine mounts, launched the X15 Efficiency series engine and the new EndurantTM HD powertrain for Freightliner trucks. X15 Efficiency series consists of The Acumen® advanced engine computing module and is the first connectivity-enabled engine by Cummins with unique features such as On-Ramp Boost, which makes use of GPS to recognize when a truck is approaching an on-ramp and applies predictive services and geographic data for better fuel efficiency, shorter travel times, and intuitive performance traits while prioritizing driver comfort and safety. In July 2022, Bharat Forge Limited, a US-based manufacturer of automotive engine and engine mounts, filtration, and power generation products acquired JS Auto Cast Foundry India Pvt. Ltd. for a deal amount of Rs 489.63 Crores( 48.96 million). With this acquisition, Bharat Forge Limited aims to broaden its technologies that will provide growth opportunities for enhancing capabilities and addressable market segments both domestically and in export markets, especially in niche industrial segments. JS Auto Cast Foundry India Pvt. Ltd. is an India-based manufacturer of engines, engine parts, and mounts for the automotive industry. Europe was the largest region in the automotive engine and engine mounts market in 2022. The regions covered in this automotive engine and engine mounts market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive engine and engine mounts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive engine and engine mount market consist of sales of transmission mounts, metal motor mount, electronic engine mounts, and polyurethane motor mounts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive engine and engine mounts market research report is one of a series of new reports from The Business Research Company that provides Automotive engine and engine mounts market statistics, including Automotive engine and engine mounts market size, regional shares, competitors with an Automotive engine and engine mounts market share, detailed Automotive engine and engine mounts market segments, automotive engine and engine mounts market trends and opportunities, and any further data you may need to thrive in the Automotive engine and engine mounts industry. This Automotive engine and engine mounts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An automotive fuse is defined as an electrical component used in automobiles that protects other components, electronics, and cables from damage caused by excessive current flow. All fuses have a rating which refers to the maximum amount of amperage/voltage that the fuse can handle before it fails. The main types of the automotive fuse by fuse type include blade, glass tube, semiconductor, and others. Blade fuses are used in cars built today while fuses have a plastic body with two metal prongs. Glass tubes are used in an assortment of vehicles and accessory applications. Semiconductor fuses are used in limiting current. By voltage, automotive fuses are segmented into 12 and 24V, 24-48V, 49-150V, 151-300V, and >300V. By application, automotive fuses are segmented into auxiliary fuse, charge inlet fuse, battery fuse, and engine fuse. Automotive fuses are mainly used in passenger cars and commercial vehicles and sold through OEM and aftermarket sales channels. The global automotive fuse market is segmented - 1) By Vehicle Type: Passenger Car, Commercial Vehicle 2) By Fuse Type: Blade, Glass Tube, Semiconductor, Other Types 3) By Application: Auxiliary Fuse, Charge Inlet Fuse, Battery Fuse, Engine Fuse, Other Applications 4) By Sales Channel: OEM, Aftermarket 5) By Voltage: 12 and 24 V, 24–48 V, 49–150 V, 151–300 V, >300 V The global automotive fuse market size grew from $17.15 billion in 2022 to $18.21 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive fuse is expected to grow to $23.17 billion in 2027 at a CAGR of 6.2%. The growing need for electronic components in the automobile industry is expected to drive the growth of the automotive fuse market over the coming years. With the growth of technology, there is an increase in the implementation of new electronics in automobiles. New technologies such as autonomous technology, self-driving systems, and the onboard computer that controls a wide range of functions like vehicle temperature, GPS, and even exhaust emission, require a lot of new electrical equipment to work. For instance, according to Roland Berger’s study published in January 2020, Electronic modules for a typical premium vehicle cost $3,145. According to the analysis, the cost of a semi-autonomous, electric automobile will more than double to $7,030 by 2025. Therefore, the growing need for electronic components in the automobile industry is driving the growth of the automotive fuse market. Major players in the automotive fuse market are Eaton Corporation, Littelfuse, MERSEN S.A., SCHURTER Inc., SIBA, Sensata Technologies, Carling Technologies Inc., Mouser Electronics, OptiFuse, AEM, Blue Sea Systems, GLOSO TECH Inc., ON Semiconductor, Fuzetec Technology Co. Ltd., Pacific Engineering Corporation, Dongguan Better Electronics Tech. Co. Ltd., Anixter, and NTE Electronics Inc. Improved quality and development of fully insulated chips are providing an opportunity to expand the use of automotive fuses. This can be attributed to the fact that better quality fully insulated chips will be more powerful and energy-efficient which implies a wider user base. For instance, in September 2022, Novosense Microelectronics Co Ltd., a China-based manufactures and sells integrated sensor chips, isolation and interface chip, launched a collection of automotive-qualified chips NOVOSENSE automotive-qualified LDO NSR31/33/35 family chips are specifically developed for use in systems powered by vehicle batteries. They are excellent for automotive applications requiring high standby power consumption due to their ultra-low static power consumption of 5uA and low drop-out voltage. In May 2021, Mersen, a French international company that operates within two key business segments: Advanced Materials and Electrical Power acquired Fusetech, a market-leading fuse manufacturer. Due to this acquisition Mersen aims to ramp up fuse production as well as integrate a high-performance location to manufacture its next goods. Fusetech was a 50:50 joint venture between Mersen and Hager before the takeover. Asia-Pacific was the largest region in the automotive fuse market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive fuse market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive fuse market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive fuse market consists of sales of glass tubes, blades, semiconductors, and other automotive fuses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive fuse market research report is one of a series of new reports from The Business Research Company that provides automotive fuse market statistics, including automotive fuse industry global market size, regional shares, competitors with an automotive fuse market share, detailed automotive fuse market segments, market trends and opportunities, and any further data you may need to thrive in the automotive fuse industry. This automotive fuse market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive garage equipment refers to garage equipment, including two and four-post lifts, hydraulic scissor lifts, wheel balancers, wire changer machines, car washers and machines, a smoke meter, and injector cleaner. Basic equipment is required to begin working on a vehicle, and common equipment contains particular sets that enable you to work on more sophisticated repairs. The main types of automotive garage equipment market are lifting equipment, body shop equipment, wheel and tyre service equipment, vehicle diagnostic and testing equipment, washing equipment, and others. Lifting equipment is used for raising and lowering loads, as well as any accessories utilized in doing so, such as attachments to support, fix, or anchor the equipment. By installation, the types of automotive garage equipment are mobile and fixed. Automotive garage equipment is used in various vehicle types, such as passenger cars and commercial vehicles. Major applications of automotive garage equipment are in automotive OEM dealerships, franchise stores, and independent garages. The global automotive garage equipment market is segmented - 1) By Installation Type: Mobile, Fixed 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By Type: Lifting Equipment, Body Shop Equipment, Wheel and Tire Service Equipment, Vehicle Diagnostic and Testing Equipment, Washing Equipment, Other Types 4) By Application: Automotive OEM Dealerships, Franchise Stores, Independent Garages The global automotive garage equipment market size grew from $7.58 billion in 2022 to $8.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive garage equipment is expected to grow to $10.81 billion in 2027 at a CAGR of 7.6%. The advent of autonomous vehicles is significantly contributing to the growth of the automotive garage equipment market. Autonomous vehicles are vehicles that can operate without the assistance of a human driver. Depending on the extent of automation, there are numerous types of self-driving vehicles. The advent of autonomous vehicles is increasing as, in the future, new mobility solutions in the automobile sector are likely to be driven by automation in systems, software, and services. Automotive garage equipment is evolving in response to environmental laws and shifting consumer perceptions for safety and efficiency. For instance, with the help of the cooperative local government, Meituan's autonomous delivery cars, which started operating in Beijing's Shunyi District in early 2020, were found in 15 communities in this district and its surroundings and delivered more than 10,000 orders for a total of 270 days by the end of October 2020. Also, according to Gerber Injury Law, an Arizona-based law firm, the production of self-driving cars is expected to reach 800,000 units worldwide between 2023 and 2030. Therefore, the advent of autonomous vehicles is driving the growth of the automotive garage equipment market. Major players in the automotive garage equipment market are Gray Manufacturing Company Inc., Snap-On Incorporated, Vehicle Service Group, Robert Bosch, Continental AG, Maha Maschinenbau Haldenwang GmbH & Co., Boston Garage Equipment Ltd., Istobal S.A., Symach, Standard Tools and Equipment, Autec Inc., Ravaglioli S.p.A, The Lincoln Electric Company, CORGHI, Automotive Equipment International (Pty) Ltd., VisiCon Automatisierungstechnik GmbH, Forward Lift Company, and Manatec Electronics Private Limited. Technological advancements are the key trend in the automotive garage equipment market. The automotive garage equipment market is changing as a result of increased technological advancements, allowing its operators to work more efficiently. Equipment manufacturers are continually developing new technology to aid workshops with their day-to-day operations, making them easier to manage and enhance production. For instance, in November 2020, Cemb, an Italy-based manufacturer of garage equipment, launched Argos Drivethru, a wheel alignment inspection system. In a few seconds, it detects all incoming vehicles that show anomalies and need to be adjusted. Argos Drivethru offers a complete wheel alignment check, including partial toe and steering wheel angle measurements. In December 2021, Ravaglioli, an Italy-based leading manufacturer of garage equipment, partnered with TEXA to expand automotive repair services. Through this partnership, they aim to expand their automotive service offering and collaborate on new product development using integrated technologies. TEXA is an Italy-based provider of multi-brand diagnostic tools, exhaust gas analysers, air conditioning repair stations, and remote diagnosis equipment for passenger cars, motorbikes, trucks, agricultural and construction vehicles, and boats. Asia-Pacific was the largest region in the automotive garage equipment market in 2022. The regions covered in the automotive garage equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Automotive Garage Equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive garage equipment market consists of sales of car dent pullers, two-wheeler garage equipment, service station equipment, brake lathe, oil changer, rim straightening machine, frame machines, and auto repair equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive garage equipment market research report is one of a series of new reports from The Business Research Company that provides automotive garage equipment market statistics, including automotive garage equipment industry global market size, regional shares, competitors with automotive garage equipment market shares, detailed automotive garage equipment market segments, market trends and opportunities, and any further data you may need to thrive in the automotive garage equipment industry. This automotive garage equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.