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Over-The-Air (OTA) updates market for automotive is to grow at a CAGR of 18.2% reaching USD 3.89 Billion by 2022, report says

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According to a report by Research and Markets, the global Over-The-Air (OTA) updates market for automotive is projected to grow at a CAGR of 18.2% from 2017 to 2022, and to reach USD 3.89 Billion by 2022. The report further says that stringency of vehicle safety legislations and increasing demand …

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Growth in the global automotive LiDAR market predicted

According to a report by Persistance Market Research, the prime factor boosting the growth in the global automotive LiDAR market is the increasing integration of LiDAR technology in the vehicles by OEMs to automate the driving. Other points raised by the the report are: With OEMs integrating LiDAR in ADAS …

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Connected car ecosystem market estimated to grow at a CAGR of +21% during 2017-2021

According to a report by ResearchNReports  connected car ecosystem market will make a huge Impact in near future with growing at a CAGR of +21% during the 2017-21. Other observations of the reports are: The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one …

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Commercial vehicle telematics market expected to grow at a CAGR of 20.3% to USD 18.43 Billion by 2022

According to a new research report on Commercial Vehicle Telematics Market by MarketsandMarkets, some of the important points made in the report are as follows: The Commercial Vehicle Telematics Market size is expected to grow from USD 7.31 Billion in 2017 to USD 18.43 Billion by 2022, at a Compound …

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Revenues from consumer connected car services will rise from $18.4bn in 2017 to $49.2bn in 2022

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A new report from Juniper Research Consumer Connected Cars: Applications, Telematics & V2V 2017-2022 have has made few important points which are as follows: By 2022, 50% of consumer vehicles on the road will have at least one connectivity service, such as telematics, V2X (vehicle-to-everything) communications, or connected car commerce …

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Frost & Sullivan: Traditional interior and exterior rear view mirrors will be replaced with eMirrors and smart camera feed modules

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Frost & Sullivan has released its latest analysis on the North America and Europe Rear View Mirrors Market, 2017. Some excerpts from the analysis are: The advent of autonomous, connected and electric vehicles with integrated advanced driver-assistance systems (ADAS), is propelling original equipment manufacturers (OEMs) to replace traditional interior and …

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OEMs will see a substantial dent in their lucrative collision parts business as a result of self-driving cars

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According to a new report from the KPMG U.S. Manufacturing Institute Automotive Center, original equipment manufacturers (OEMs) will see a substantial, 48%, dent in their lucrative collision parts business as a result of self-driving cars.  In fact, KPMG projects that OEM collision repair revenue, which was $5.6 billion in 2015, …

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Global motor racing telematics (MRT) market to grow at a CAGR of more than 16% during the period 2017-2021

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Technavio analysts forecast the global motor racing telematics (MRT) market to grow at a CAGR of more than 16% over the forecast period, according to their latest report. The automotive telematics system is a device, which deals with communication of the vehicle’s present condition such as speed, acceleration, and other …

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Report on connected cars market by IndustryARC

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The report “Connected Cars Market”, published by IndustryARC, estimates that North America, the bedrock of automotive innovation, to be a key future growth driver. The report classifies Connected Cars Market into various segmentations on the basis of – Battery Type: Lead Acid Batteries, Lithium Ion Batteries, Nickel Metal Hydride Batteries …

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