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Posts Tagged "Automotive Industry"
Sep 24th, 2018 · Comments Off on Optoelectronics Market-Global industry Size, Market Share, Market Trends and Forecast to 2025
The Automotive Optoelectronics Market is estimated to be USD 3.88 billion in 2018 and is projected to reach a market size of USD 9.80 billion by 2025, growing at a CAGR of 14.13% during the forecast period.
Market Dynamics-
Drivers
1 High Demand and Increasing Sales of Luxury and Ultra-Luxury Vehicles
2 Increase in Awareness about Vehicle Safety
3 Long Life and Low Power Consumption of Optoelectronics...
Sep 21st, 2018 · Comments Off on Hybrid Vehicle Market Hit New Highs in Near Future by 2025
Hybrid vehicles are designed for better fuel efficiency, more power, and minimum emissions. Hybrid vehicles can generate electric current and store it in a battery. These vehicles capture electrical energy produced from different sources, such as regenerative braking systems and engines. They can conserve energy by shutting down the engine, when the vehicle is parked, idle, or when the electric motor’s...
Sep 12th, 2018 · Comments Off on Usage-based Insurance Market Rising by Increasing Adoption of Telematics and Connected Cars
The automotive usage-based insurance industry has evolved along with the automotive industry. The demand for usage-based insurance market is largely influenced by increasing vehicle sales with telematics and connected car services, reduction in insurance as compared to the traditional insurance, and increasing vehicle sales and parc. The global usage-based insurance market for automotive was valued...