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Showing posts with the label Automotive

Collaborative Robot (Cobot) Market Insights Deep Analysis 2022-2030

  With the advancements in technology, robotics is becoming available at a price that suits the pockets of even smaller as well as bigger companies. All thanks to the development of low-cost components, which have paved way for the   upsurge of the collaborative robots or cobots  .Collaborative robots are intended to collaborate with humans at work sites, and hence making automation a trouble-free job for businesses of all sizes. By now, cobots have been seen as a game-changer for a wide variety of applications. W hy cobots over traditional robots? The new robotics technology is outdoing the weighty, daunting robots usually locked in the cages for security reasons. Now, it’s time to make use of cobots in those heavy industrial tasks! These robots are quite affordable, safe, and flexible to deploy. They are programmed to work in collaboration with humans and not under humans—unlike traditional robots. With these advanced-automated robots, you can forget the cages and make way for proper

Mini LED Market Is Thriving Worldwide by 2030

  Mini-LED displays are the newest trend in the TV industry trying to make their footmark among many others. And the most talked-about factor about them is that their reasonably price. This new technology offers deeper blacks and enhanced contrasts. Let’s quickly get through and understand what this new technology is all about. What Is Mini-LED? Mini-LED is a novel display technology that assures deeper blacks and enhanced contrast ratios as compared to LCD panels that use traditional LEDs (light-emitting diodes). The name itself implies that mini-LEDs are much smaller than normal LEDs. Usually, diodes that are lesser than 0.2 mm are classified as mini-LEDs. These diodes are used to light a normal LCD panel in the same way as it does in a traditional LED-based TV. The major difference among them is that many mini-LEDs are installed in this type as compared to old-fashioned TVs. Even though mini-LED technology cannot perfectly compete with the image quality of a micro-LED or OLED displa

Electric Wheel Chair Market to Expand with Significant CAGR By 2028

  The advent of various technologies has given wings to many impossible things. From the invention of a pacemaker to fully autonomous cars, technology has shown its wonders in different arenas. One such technological innovation is an electric wheel chair. An electric wheel chair gives the gift of mobility to people who are bound to their homes owing to certain disease,  stroke  or disability—and the correct wheel chair paves way for the freedom and normal living of such people. What is an Electric Wheel Chair? An electric wheel chair is a battery-operated chair-like device with wheels which can be used to provide locomotion to people constrained to a sitting position. This device can be a useful alternative or requirement for anybody incapable of operating a wheel chair manually. As per a report by Research Dive, the  global electric wheel chair market  is expected to garner $4,817.6 million by 2028, owing to increasing cases of  physical disabilities  and growing cases of accidental i

Used Cars Market Size, Market Status and Future Forecasts to 2028

  The  global used cars market  is anticipated to be valued at   $1,970.0 billion by 2028 , surging from   $1,179.8 billion in 2020 , at a noteworthy   CAGR of 6.8% . Analysis of Covid-19 Impact on Used Cars Market The Covid-19 impact on used cars market has been moderate. The imposed lockdown measures across the world affected the automobile industry for the sales of new vehicles, but the used cars sector was considerably less affected by the Covid-19 pandemic. The general population find used cars economically more feasible as compared to the new cars.  According to "True Value an organized used car retailer" of India, demand for used cars surged during the pandemic with the preference for personal mobility getting stronger. At Maruti True Value, inquiries witnessed a growth of 6% in FY21. These factors are expected to impact the used cars market positively. Checkout How COVID-19 Impacts on Used Cars Market? Get in Touch with our Expert Analyst@  https://www.researchdive.co

Global Electric Scooter Market 2021 – Revenue Status & Forecast Report 2028

  The  global electric scooter market  size to be valued at   $10,317.4 million by 2028 , surging from   $5686.0 million in 2020 , at a noteworthy   CAGR of 7.9% . Analysis of Covid-19 Impact on Electric Scooter Market The Covid-19 impact on electric scooter market share has been moderate. The restrain in the global industrial production due to imposed lockdowns across the globe has disturbed supply chain manufacturing industry, hindering the growth of electric scooter market. The major companies in this sector such as HONDA MOTOR CO., LTD., Terra Motors Corporation, and others have experienced a reduction in demand in the electric scooter market. These factors are expected to negatively impact the market growth. The coronavirus pandemic has enforced the companies in the electric scooter industry for the adoption of new methods of operation such as implementation of predictive analytics to forecast losses accurately and virtual monitoring of the production of electric scooters. These d

In-Wheel Motor Market to Grow at CAGR of 27.10% through 2028

  The  global in-wheel motor market  size to be valued at   $4,120.60 million by 2028 , surging from   $612.0 million in 2020 , at a noteworthy   CAGR of 27.10% . Global In-wheel Motor Market Insight The increasing utilization of electric vehicles in the passenger and commercial vehicles category is expected to aid the growth of the market in the forecast period since in-wheel motors are utilized in the electric vehicles. The increasing emphasis on the utilization of vehicles with better propulsion systems such as battery electric vehicle is aiding the growth of this market. As vehicles that operate on conventional propulsion such as gasoline and hybrid electric vehicle emit harmful gas like NO2, Sulphur dioxide, carbon monoxide, and others and pollute the environment, it has propelled the demand for electric vehicles aiding the in-wheel motor market growth. The increasing commercialization of wheel motors with a greater number of OEMs starting manufacturing them for utilizing in the p

Global Electric Vehicle Traction Motor Market Insights and In-Depth Analysis 2020-2026

  Electric vehicle traction motor market   is predicted to generate a revenue of   $29,179.3 million by 2026   with a   CAGR of 40.6%   in the estimated period. Electric vehicle traction motor is a type of motor powered by electrical force such as batteries. With the help of batteries, the motor creates a forward motion by optimizing the power from the battery. Anelectric vehicle traction motor is used to make torque rotation of machine which increases the horsepower in a straight-line motion.The electric vehicle traction motors are mostly used in electric rail vehicles and other electric locomotives. Increase in the usage of electric vehicles and massive investment in the technologicaladvancement in the electric vehicle segment is predicted to be the major driving factor for the electric vehicle traction motor market in the estimated period. Increase in electric vehicle charging stations is predicted to decrease the price of electric vehicles along with reduction of battery prices and

Abrasives Market to Create Lucrative Opportunities for Existing Companies as Well as New Players

  Abrasive market is predicted to have a negative impact in 2020. The abrasive market is predicted to recover from the pandemic by Q3/Q4 2022. The abrasive market is primarily driven by the rise in the use in the manufacturing industries and increasing demand in majority of the end use industry in building different products is predicted to boost the market in the forecast period. Moreover due to the shutdown of various industries it is predicted to hinder the market growth in the estimated period. In addition the price of raw material used for extraction of abrasive material is very high which is predicted to be the biggest restraint for the market in the forecast period. During this unpredicted situation, we are helping our clients in understanding the impact of COVID19 on the abrasive market.  Our report includes: Technological Impact Social Impact Investment Opportunity Analysis Pre- & Post-COVID Market Scenario Infrastructure Analysis Supply Side & Demand Side Impact Acces

Connected Motorcycle Market Growth Analysis by End user

  Connected Motorcycle Market Analysis: According to a study of Research Dive,the global  connected motorcycle market  fore castshallcross  $545.3million by 2026 , growing at a  CAGR of 46.4%. The extensivelyrising sales of premiumbikes with safety features and comfort is expected tofuel the connected motorcycle market, during the projected period. Global automotive key players, governments, and consumers havebecome considerably aware of the significance of the connected motorcycle. This will help to propel the connected motorcycle marketgrowth in the global market.Moreover, the rising popularity ofmotorcycle equipped with advancedIoT technologyis also projected to augment the growth of the connected motorcycle market.Connected motorcycles have the benefit of being more efficient and sophisticated; also connected motorcyclesofferexcellent drivingexperience,automotive infotainment, convenience, road-safety, minimization in maintenance cost and enhanced performance. These elements are pr

COVID-19 Breakout on Automotive Seat belt System market Growth globally

  In the early 1975’s, active seat belts were adopted, but there is still no concurrence for this in the Active Seat Belt System Market. Due to different drawbacks, these belts were scrapped. Seat belts have a critical function especially in the safety of passengers. Seat belts are intended to prevent passengers from being thrown out from the vehicle. The consequences of a collision are also consumed by seat belts. Often, the seatbelt stretches subtly to keep our body from colliding with any part of the car and another human suddenly. The main cause of death in vehicle crashes is death due to the ejection of uncontrolled passengers from the automobile. Nevertheless, using a seat belt is often lacking insignificance. An adaptive seatbelt system can make a tremendous effort to ensure that the seatbelt is used. The biggest cause of road fatality is the inability of passengers to use seatbelts due to various factors such as carelessness and vehicle forgetfulness, the lack of effective regu

How Mini LED Market will Boom After COVID-19 Breakout

  According to a study conducted by Research Dive, the global   mini light emitting diode (LED) market  forecast is expected to reach   $3,342.6 million by the end of 2026 , registering   85.6% CAGR   over the forecast period. The lower failure rate compared to traditional LEDs and the higher yield-rates compared to OLED’s is anticipated to drive the global mini LED market during the forecast period. However, the longer lifespan of the mini LED is another key factor that is expected to boost the global demand for mini LEDs over the forecasted timeframe. Access to FREE Sample Report Here! @  https://www.researchdive.com/download-sample/178 The key factors hampering the growth of the mini LED market are the high cost associated with the Mini LEDs and the number of IC’s required to operate the mini LED’s are more in comparison to OLED and QLED; these factors are expected to restrain the market growth in the near future.  The growing demand of mini LEDs for applications such as in PC monit

EV Charging Infrastructure Market to Garner US$18,589.0 Million by 2026

  EV Charging Infrastructure Market Analysis 2026: According to a study of Research Dive, global  EV charging infrastructure market  forecast shall surpass  $18,589.0 million by 2026 . The pollutant emissions from diesel-engine vehicles have necessitated strict government policies to back the alternative fuels and advanced vehicle technologies to improve the environmental performance. Rising demand for eco-friendly vehicles is one of the major factors for the EV charging infrastructure market growth. In addition, technology innovations combined with heavy investments in EV charging   infrastructure development is also projected to drive the growth of the global market. Contrary to this, high cost of fast charging stations is anticipated to decline the growth of the global EV charging infrastructure industry. PV (photovoltaic) based charging stations for electric vehicles can fulfill the rising demand of power by electric vehicles in upcoming years. This technology is mainly focusing on

Automotive LiDAR Sensor Market Projected to Experience Major Revenue Boost By 2026

  According to a study conducted by Research Dive, the global   Automotive LiDAR Sensor market   forecast size is expected to reach   $ 2,436.3 million   by the end of 2026 , registering   39.0% CAGR   over the forecast period. LiDAR was invented after RADAR and SONAR, but the advanced technology of LiDAR that was developed by both NASA and US Military was first used by NASA in space missions. The key driving factors for LiDAR sensors is that it can create a 3D image of any object with which the LiDAR sensors’ pulses collide. Moreover these features help in detecting the smallest objects present in a range of 500-2000 m from the vehicle, which inturn helps the autonomous vehicles to be driven more safely.  Access to Free Sample Report of Automotive LiDAR Sensor Market (Including Full TOC, tables & Figure) Here! @  https://www.researchdive.com/download-sample/146 However, factors such as usage limitations in cloudy weather, causing to the inappropriate detection of objects and peopl