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The automotive door systems market is witnessing a transformative phase, particularly in the Asia-Pacific (APAC) region. As vehicle production surges in emerging economies and consumer preferences shift toward advanced features, the demand for innovative door systems is set to reshape the automotive landscape. Against this backdrop, the APAC automotive doors market is forecast to record a […]
APAC automotive electric power steering market to record 1.3% CAGR over 2024-29, forecasts GlobalData
The automotive landscape in the Asia-Pacific (APAC) region is undergoing a transformative shift, particularly in the realm of steering systems. As the demand for electric vehicles (EVs) surges and technological advancements accelerate, steering systems are evolving to meet the needs of modern consumers while enhancing safety, efficiency, and sustainability. Against this backdrop, the APAC electric […]
APAC automotive HVAC systems market to record 1.0% CAGR over 2024-29, forecasts GlobalData
As the automotive industry continues to evolve, the importance of advanced heating, ventilation, and air conditioning (HVAC) systems has become increasingly evident, particularly in the Asia-Pacific (APAC) region. With its diverse climates and rapidly growing vehicle market, the APAC region is witnessing a significant transformation in automotive HVAC systems with a heightened focus on user […]
APAC automotive infrared reflective glazing market to record 1.0% CAGR over 2024-29, forecasts GlobalData
The automotive sector in the Asia-Pacific (APAC) region is witnessing a transformative shift driven by advancements in glazing technology, particularly infrared-reflecting (IRR) glazing. This innovative technology is revolutionizing passenger comfort and energy efficiency in vehicles. As automakers embrace larger glazing areas and panoramic roofs, the APAC IRR glazing market is expected to record a compound […]
US tariffs could create substantial ripples across global automotive industry, says GlobalData
On April 2, 2025, the US government announced a significant 25% tariff on all foreign automobiles and automotive parts entering the country, a move anticipated to have far-reaching implications, particularly for the automotive industry. However, the US president has announced a halt of 90 days of the new tariff implementation to allow trade negotiations with […]
APAC automakers face uncertainty as US tariffs trigger strategic recalibration, finds GlobalData
The 25% US tariff on foreign automobiles and parts has created deep uncertainty for Asia-Pacific (APAC) automakers. With significant exposure to the US market, they now face rising costs, strained supply chains, and pressure to shift production. The temporary 90-day hold on the updated tariff, announced on 09 April 2025, offers a brief respite while […]
APAC automotive semi-active suspension systems market to record 16% CAGR over 2024-29, forecasts GlobalData
The automotive landscape in the Asia-Pacific (APAC) region is undergoing a transformative shift, driven by the increasing demand for advanced suspension technologies. With their ability to enhance ride comfort and handling stability while maintaining energy efficiency, semi-active suspensions are poised to redefine vehicle dynamics across a diverse range of automotive applications. Against this backdrop, the […]
APAC automotive connected vehicle technology market to record 0.6% CAGR over 2024-29, forecasts GlobalData
The Asia-Pacific (APAC) region stands at the forefront of the connected vehicle technology revolution. With a burgeoning population of tech-savvy consumers and a rapidly expanding automotive market, the integration of connectivity features into vehicles is not just a trend but a transformative shift that promises to redefine mobility in the region. Against this backdrop, the […]
Automotive industry’s sustainability efforts poised to reshape market dynamics significantly, says GlobalData
As the automotive industry moves towards a more sustainable future, integrating recycled materials into manufacturing processes is emerging as a pivotal strategy. With environmental consciousness becoming a fundamental mandate rather than a fleeting trend, the industry’s commitment to sustainability is poised to reshape market dynamics significantly, says GlobalData, a leading data and analytics company. The […]
EV battery recycling becomes critical area for ongoing investments in automotive industry, says GlobalData
As the automotive industry accelerates its transition towards electric vehicles (EVs), the focus on sustainable practices has never been more critical. Central to this evolution is the lifecycle management of EV batteries, which poses both opportunities and challenges. As the future of the automotive industry is undoubtedly intertwined with the success of battery recycling, it […]
Automotive dealers need to adapt to technological advancements to remain competitive, says GlobalData
The automotive industry is on the brink of a significant transformation as digital technologies reshape the way vehicles are bought and sold. The rise of online car buying platforms is not merely a trend; it represents a fundamental shift in consumer behavior and expectations. This shift was further accelerated by the COVID-19 pandemic, which prompted […]
India automotive market to see positive growth over next 12 months, reveals GlobalData survey
The automotive sector in India is poised for positive growth over the next year, driven by favourable government policies such as the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India) II scheme, which has been in effect since April 2019 and encourages states to provide both fiscal and non-fiscal incentives to […]
New energy vehicle market poised for growth driven by technological innovations, says GlobalData
The automotive industry is undergoing a significant transformation, with hybrid and electric vehicles (EVs) at the forefront of this change. The new energy vehicle (NEV) market is dynamic in nature and is poised for growth as economic conditions improve and technological innovations continue to emerge, says GlobalData, a leading data and analytics company. According to […]
Trump 2.0 policy shifts signal new direction for automotive sector, says GlobalData
The automotive industry is on the cusp of a transformation with the advent of the Trump 2.0 administration. The potential policy shifts signal a new direction for the sector, particularly in the realms of trade, electric vehicles (EVs), regulations, autonomous vehicles, and employment, and to understand the implications of these changes and how they may […]
APAC automotive roof systems market to record 3% CAGR over 2024-29, forecasts GlobalData
Automobile manufacturers in the Asia-Pacific (APAC) region are focusing on enhancing vehicle aesthetics and offering a premium experience in affordable car segments, with roof systems playing a key role in their efforts to stay competitive. Sunroofs have become a major consumer requirement, leading manufacturers to integrate them into budget cars. Additionally, factors like rapid urbanization, […]
APAC automotive parking assistance sensor market to rise at 6.9% CAGR over 2024-29, forecasts GlobalData
The automotive sector is experiencing an increasing demand for electronic sensors, driven by ongoing technological advancements and innovations. The emphasis on electrification, autonomous vehicle technology, and heightened concerns regarding road safety have intensified the necessity for high-precision sensors. In this context, the automotive parking assistance sensor market is projected to experience a compound annual growth […]
APAC petrol engines market to decline at negative 5.8% CAGR over 2024-29, forecasts GlobalData
Asian countries have demonstrated a proactive approach in implementing policies that foster the growth of the electric vehicle (EV) market, aimed at environmental sustainability and enhanced competitiveness in the global automotive manufacturing and export sectors. This strategy is contributing to a declining demand for traditional internal combustion engines (ICEs), especially in the passenger car segment. […]
APAC exhaust and ICE after-treatment market to decline at negative 2% CAGR over 2024-29, forecasts GlobalData
As environmental sustainability concerns continue to grow, electrification has become a key focus for governments worldwide, with the Asia-Pacific (APAC) region at the forefront of this transition. China, being the largest market for electric vehicles (EVs), is leading the charge, while other Asian nations such as Japan, South Korea, India, and Indonesia are implementing policies […]
APAC automotive diesel engines market to register negative 2% CAGR over 2024-29, forecasts GlobalData
The automotive engines market in the Asia-Pacific (APAC) region is significantly influenced by increasingly stringent government regulations regarding exhaust emissions. Concurrently, in response to the growing trend of electrification, APAC governments are implementing policies and incentives designed to promote zero-emission vehicles. This shift is having a detrimental impact on the automotive diesel engines market. Against […]
APAC xEV systems market to grow at 9.1% CAGR over 2024-29, forecasts GlobalData
The electric vehicle (EV) market in the Asia-Pacific (APAC) region is experiencing rapid growth, with governments playing a pivotal role in driving the adoption of EVs through supportive policies and incentives. So, as the demand for EVs is rising, the market for xEV systems such as battery management systems, thermal management systems, battery covers, and […]