Motor Vehicles Global Market Report 2018

Motor Vehicles Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3010 | Format :

The motor vehicles manufacturing industry manufactures motorcycles, bicycles, automobiles, light trucks and heavy duty trucks. The motor vehicles manufacturing market in this report is segmented into commercial vehicles manufacturers, passenger car manufacturing, and motorcycle, bicycles and parts manufacturing markets.

Asia Pacific was the largest region in the motor vehicles market in 2017, accounting for 38% market share. The Asia Pacific region includes emerging markets such as China and India, and which have a large middle class and upper middle class population owing to strong economic growth over the last few years. Western Europe was the second largest region accounting for 25% market share. Africa was the smallest region accounting for 3% market share.

Many motor vehicle manufacturing companies are integrating pre-collision assist and pedestrian detection technology in their vehicles to offer advanced safety features to customers. These technologies help in detection of blind spots and also alerts the driver when they are losing focus while driving, this system can also apply auto brake if driver falls asleep and does not respond to the warning, and thus these technologies significantly improve driver and pedestrian safety. For instance, in 2015, Ford launched Mondeo brand with pre-collision assist and pedestrian technology. Hyundai, Honda, Chevrolet and Volvo have also launched vehicles with pre-collision assist and pedestrian technology.

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