17/03/07 According to applications, the demand of tires can be classified into OEM demand in vehicle manufacturing and replacement demand in automobile after-market. In developed countries, due to the high market saturation in automobile market, the sales of tire are mainly from after-market. According to CRI, in 2016, the production volume of tires was about 1.71 billion in the global market, increasing slightly compared to 2015. It is estimated that from 2017 to 2021, the CAGR of global tire production

17/03/06 South Asian countries in the report include India, Pakistan, Bangladesh, Sri Lanka, Nepal and Bhutan. According to CRI's analysis, significant gaps remain in population and economic development among South Asian countries. By the end of 2016, the population in South Asia had exceeded 1.7 billion. India has the largest population of over 1.3 billion, while Bhutan has the smallest population of less than 1 million. In general, the economic development remains at a low level.

17/03/06 Southeast Asian countries in the report include Singapore, Thailand, the Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. By the end of 2016, the population in Southeast Asia had exceeded 600 million. The overall economic growth rate is higher than global average level and it becomes a major driving force of world economic development.

17/03/06 Automated guided vehicles are part of the industrial robotics technology, used for factory automation. They come in different shapes, sizes and with varying payload capacity, ferrying materials, lifting goods and sorting within the factory workplace. Material handling has been both time consuming and a labor intensive task that has led to a number of concerns. In addition to that, with global economy getting more competitive, both emerging and established businesses struggle to stay afloat, prov

17/03/06 Tire market in Africa grew at a moderate pace over the past few years, owing to rising passenger car and commercial vehicles sales, coupled with expanding replacement tire market. Moreover, increasing purchasing power and GDP per capita across the major African economies were identified to be the other predominant factors boosting tire sales in the region during 2012 - 2016. Africa tire market is majorly import driven, and consequently, expanding distributor and dealer network is emerging as a c

17/03/06 The passenger car smart parking market is projected to grow at a CAGR of 17.94%, to reach a market size of USD 5.25 billion by 2021. Worldwide vehicle production has increased from 84.2 million in 2012 to 90.8 million in 2015. Furthermore since 2012, with a growth of 8.6%, total passenger car production increased to 68.5 million in 2015. This rapid increase in the number of cars on the road has not led to a similar increase in availability of parking space. In order to accommodate more vehicles,

17/03/03 The unmanned ground vehicle market is estimated to be valued at USD 1.49 billion in 2016 and is projected to reach USD 2.63 billion by 2021, at a CAGR of 12.14% during the forecast period. The increasing demand for enhanced efficiency, human safety, and the growth of terrorist activities are driving the unmanned ground vehicle market. Limited reliability of UGVs during missions and inability to predict the external environment are the restraints for this market.

17/03/03 The exhaust system market is projected to grow at a CAGR of 8.45%, to reach a market size of USD 59.02 billion by 2021. Major driving factors for the exhaust system market are increase in vehicle production and the stringency in the emission norms. However, some of the key restraints such as increase in demand for the substitutes such as electric vehicles and high cost of the light weight components could affect the growth of exhaust system market.

17/03/03 The future of the global automotive ACC system market looks promising with opportunities in OEM and aftermarkets. The global automotive ACC system market is expected to reach an estimated $7.0 billion by 2022 and it is forecast to grow at a CAGR of 24.1% from 2017 to 2022. The major drivers of growth for this market are increasing luxury and premium vehicle production, rising number of accidents, government initiatives to improve fuel efficiency and safety attributes, and consumer willingness to

17/03/03 The future of the global automotive semiconductor market looks good with opportunities in the passenger car and commercial vehicle segments. The global automotive semiconductor market is expected to reach an estimated $45.9 billion by 2022 and it is forecast to grow at a CAGR of 6.4% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, increasing semiconductor content per vehicle, growing demand for advanced vehicle safety and comfort systems, and gro