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Sector Analysis
NewAutomotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
The global electric motors market is recorded at 958.3 mn units in 2023, recording a substantial annual growth of 8.7%. The sector posted a CAGR of 0.8% during 2018–23. The sector is forecast to post a healthy CAGR of 15.3% over 2023–28 and is anticipated to increase and record 54.0 mn units in 2028. In 2023, Power Windows garnered the largest share of 24.4% among all electric motors' components, which is expected to decrease to 22.6% by 2028. Wiper Motors’...
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Sector Analysis
NewAutomotive Braking Systems Market Trends, Sector Overview and Forecast to 2028
In 2023, the size of the global braking systems market was at 578.5 mn units, reflecting a substantial CAGR of 10.7%. Nonetheless, the sector experienced a negative CAGR of 0.6% during 2018-23, largely attributed to the prolonged effects of the COVID-19 pandemic, subsequent disruptions in the supply chain, and the Russia-Ukraine armed conflict. Over the forecast period from 2023-28, the sector is anticipated to rebound, demonstrating a projected CAGR of 2.0%, culminating in an estimated 637.2 million units by 2028....
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Sector Analysis
NewAutomotive Active and Passive Safety Systems Market Trends, Sector Overview and Forecast to 2028
The size of the global active and passive safety system market was at 894.5 mn units in 2023, recording a substantial annual growth of 13.8%. However, the sector posted a CAGR of 1.1% during 2018–23. Over the forecast period of 2023–28, the sector is expected to record a CAGR of 3.4% to reach 1,055.4 mn units by 2028.. Active safety systems generally consist of driver assistance systems to protect the passengers inside the vehicle from collision. Suppliers are partnering with...
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Sector Analysis
NewAutomotive Sensors Market Trends, Sector Overview and Forecast to 2028
In 2023, the global sensors market reached at 9.49 bn units with a significant annual growth rate of 9.2%. However, from 2018 to 2023, the sector experienced a compound annual growth rate of 0.7%. Looking ahead, it is expected to achieve a CAGR of 0.1% in the forecast period and reach 9.54 bn units by 2028. In 2023, the Safety and Body Control segment had the largest share at 38.4%, and it is projected to increase to 41.6% by 2028....
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Sector Analysis
NewAutomotive Vehicle Lightweighting Market Trends, Sector Overview and Forecast to 2028
Reasons to buy the ‘Automotive Vehicle Lightweighting’ market sizing report: Trends & Drivers: Provides an overview of the current sector scenario regarding the future outlook in terms of key trends and drivers of the sector. Technological Developments: Provides a detailed overview of technological developments and innovations in the sector. PESTER Analysis: Provides a detailed understanding of various factors such as political, economic, social, technological, environmental, and regulatory impacting the sector. Competitive Landscape: Provides an overview of leading component suppliers at...
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Innovation Ranking
NewInnovation Ranking – Westinghouse Air Brake Technologies Corp
Westinghouse Air Brake Technologies Corp (Wabtec), doing business as Wabtec Corp, is a provider of technology-based equipment and services for freight rail and passenger transit industries. It offers products such as positive train control equipment, railway electronics, air compressors and dryers, track and switch products, and traction motors. Wabtec provides locomotive overhauls and fleet maintenance services, component repair, upgrade and reconditioning and signal design and engineering services. Its customers include leasing companies, publicly traded railroads, original equipment manufacturers of locomotives...
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Company Insights
Innovation and Patenting activity of Westinghouse Air Brake Technologies Corp Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Westinghouse Air Brake Technologies Corp Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report...
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Track & Monitor
Artificial intelligence in automotive: Road friction estimation
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the automotive industry’s Road friction estimation segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge. Note: This is an “on-demand” report and will be delivered within 2 to 4 business days (excluding weekends and holidays) of the purchase. Certain sections in the report may be removed or altered based...
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Track & Monitor
Innovation in automotive: Electric brake controls
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the automotive industry’s Electric brake controls segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge. Note: This is an “on-demand” report and will be delivered within 2 to 4 business days (excluding weekends and holidays) of the purchase. Certain sections in the report may be removed or altered based...
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Track & Monitor
Innovation in automotive: Lightweight disc brakes
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the automotive industry’s Lightweight disc brakes segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge. Note: This is an “on-demand” report and will be delivered within 2 to 4 business days (excluding weekends and holidays) of the purchase. Certain sections in the report may be removed or altered based...