The automotive heat shield is designed to absorb excessive heat by absorbing, reflecting, or dissipating the heat. A good heat shield has a high thermal resistance and high thermal emittance. The heat shield helps in protecting the parts from the heat and also deflects them away or by absorbing them. The main types of automotive heat shields are metallic and non-metallic. Metallic materials include stainless steel, aluminum, and other alloys, whereas non-metallic materials used for manufacturing automotive heat shields include nylon and ceramics among others. The various types of automotive heat shields include single shell, double shell, and sandwich and are applied to exhaust system heat shield, turbocharger heat shield, under bonnet heat shield, engine compartment heat shield, and under chassis. These heat shields are used in passenger cars, light commercial vehicles, and heavy commercial vehicles and are sold through OEM and aftermarket channels to the customers. The automotive heat shield market research report is one of a series of new reports from The Business Research Company that provides automotive heat shield market statistics, including automotive heat shield industry global market size, regional shares, competitors with a automotive heat shield market share, detailed automotive heat shield market segments, market trends and opportunities, and any further data you may need to thrive in the automotive heat shield industry. This automotive heat shield market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive heat shield market size grew from $13.36 billion in 2022 to $14.49 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive heat shield market size is expected to grow to $19.34 billion in 2027 at a CAGR of 7.5%. The growing focus on heat shields made of lightweight material is contributing to the growth of the automotive heat shield market. This type of heat shield decreases the weight of the car and also improves its efficiency. A lightweight heat shield provides thermal protection and increases the overall performance of the car as compared to heavy material. According to the Office of Energy Efficiency & Renewables Energy, a 10% reduction in vehicle weight can save up to 6-8% of fuel. The usage of lightweight components and efficient engines in one-quarter of the US fleet can save up to 5 billion gallons of fuel annually by 2030. Moreover, lightweight heat shields insulated with melamine foam can withstand up to 1000 °F. Another type of heat shield made with a thin layer of hydrophobic melamine foam for spot heat fix is temperature rated to 800 °F, the two heat shields are 98% reflective. The lightweight heat shield offering fuel efficiency and thermal protection is increasing focus on lightweight heatshield, which in turn driving the market for the automotive heat shield. Soundproof heat shields are increasingly being used to meet some of the government rules for noise reduction. For instance, Autoneum, a Swiss-based leading manufacturer in thermal insulation of vehicles and vehicle acoustics has come up with acoustic heat shields built from Autoneum’s RIMIC technology which reduces noise emission of the vehicle. It changes over the airborne sound into thermal energy and absorbs it. The heat shield can absorb high-frequency sounds ranging from 2-6 kHz. Several car manufacturers including BMW, Mercedes Benz, and Volvo among others are using these types of heat shields. In November 2020, Talbros Automotive Components Ltd., an India-based company that manufactures automotive & industrial gaskets signed a technical assistance agreement (TAA) with Sanwa Packing Industry Co. Ltd. for lightweight aluminium heat shields. The Nimbus product of the lightweight aluminium heat shield by Sanwa is the world's first aluminium light-weight heatshield for exhaust systems. This product will be a strong support to OEMs in building BS-VI products. Sanwa Packing Industry Co. Ltd. is a Japan-based company that manufactures gaskets, packing, and sealing devices. Major players in the automotive heat shield market are Autoneum, Carcoustics, Dana Incorporated, Elringklinger, Lydall, Morgan Advanced Materials, Tenneco, UGN, Covpress, DuPont, Federal-Mogul Corporation, Happich, Sumitomoriko, Talbros Automotive Components, Tuopu, Zhuzhou Times, and Zircotec. Asia-Pacific was the largest region in the automotive heat shield market in 2022. Europe was the second-largest region in the automotive heat shield market. The regions covered in the automotive heat shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive heat shield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive heat shield market consists of sales of fixed, or rigid heat shield and flexible heat shield. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive heat shield market is segmented - 1) By Material Type: Metallic, Non-metallic 2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 3) By Product Type: Single Shell, Double Shell, Sandwich 4) By Application: Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis 5) By Sales Channel: OEM, Aftermarket

Autonomous commercial vehicle is a vehicle used for commercial purposes and has hardware and software that can perform the dynamic driving task without the active physical control or supervision of a human being. The main types of vehicles in autonomous commercial vehicles are trucks, trailers, buses, and others. The truck is a wheeled vehicle for moving heavy articles. The automation levels involved are driver assistance, partial automation, conditional automation, high automation, and full automation. The fuel types involved are conventional, hybrid vehicles, and electric vehicles. The autonomous commercial vehicle market research report is one of a series of new reports from The Business Research Company that provides autonomous commercial vehicle market statistics, including global market size, regional shares, competitors with an autonomous commercial vehicle market share, detailed autonomous commercial vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous commercial vehicle industry. This autonomous commercial vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global autonomous commercial vehicle market size will grow from $6.41 billion in 2022 to $7.95 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autonomous commercial vehicle market size is expected to grow to $16.24 billion in 2027 at a CAGR of 19.6%. The increase in government approvals for testing autonomous trucks on public roads is driving the growth of the autonomous commercial vehicle market. The governments of major countries are allowing the testing of autonomous vehicles to promote the use of commercial vehicles for delivery and other purposes. The California Department of Motor Vehicles (DMV) proposed a regulation that would allow companies to deploy or test light-duty autonomous motor trucks or delivery vehicles on the public roads of the state. Under the regulation, companies can test delivery vehicles that weigh less than 10,001 pounds with an approved permit from the DMV. The government's approval for testing autonomous vehicles on roads encourages customers to have a glimpse of such vehicles, creating a potential opportunity for sale shortly, thereby driving the demand for autonomous commercial vehicles over the forthcoming years. Increasing concerns for cybersecurity and data privacy acts as a major challenge for the autonomous commercial vehicles market. According to a report on issues in autonomous vehicle testing and deployment published by the Congressional Research Service, the USA's policy institute in February 2020, with advances in technology, the concerns for data security and protection of the on-board system against intrusion are increasing. The inbuilt automated components in the vehicle generate a large amount of data about the vehicle, vehicle performance, driver behavior, and precise location. The protection of autonomous vehicles from hackers is of paramount concern to state and federal governments, service providers, manufacturers, and users. Therefore, with advancements in technology, the concerns for data privacy and security are increasing, which, in turn, is likely to act as a major restraint for the growth of the autonomous commercial vehicle market. The launch of new products is a key trend gaining popularity in the autonomous commercial vehicle market. Companies in the market are focusing on the launch of new products to generate significant cost benefits, and ensure product quality, safety and user experience. For example, in October 2022, XPeng, a Chinese electric vehicle manufacturer, launched G9 SUV, a mass-produced commercial vehicle with new advanced driver assist system (ADAS), the XNGP, combines XPeng’s Highway Navigated Guided Pilot (NGP) and City NGP to automate certain driving functions in both highway and urban driving scenarios. In June 2022, Uber Freight, a US-based managed transportation provider, partnered with Waymo Via. This partnership combines the strength of Waymo's autonomous driving technology with the size of Uber Freight's network and cutting-edge marketplace technology, providing a clear path for the cautious and secure introduction of autonomous trucks on US roads. Waymo Via is a US-based autonomous driving technology company. Major players in the autonomous commercial vehicle market are Volkswagen, Daimler, Tesla, Denso, Continental, Waymo, BMW AG, Isuzu Motors Limited, General Motors, and AB Volvo. Asia-Pacific was the largest region in the autonomous commercial vehicle market in 2022. North America was the second largest region in the global autonomous commercial vehicle market. The regions covered in the global autonomous commercial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the autonomous commercial vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The autonomous commercial vehicle market consists of sales of autonomous buses and coaches. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global autonomous commercial vehicle market is segmented - 1) By Vehicle: Truck, Trailer, Bus, Other Vehicle Types 2) By Automation Level: Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation 3) By Fuel Type: Conventional, Hybrid Vehicle, Electric Vehicle

Automotive windshields refer to a transparent screen that is made of laminated safety glass and has a piece of plastic sandwiched between two layers of glass. The automotive windshield is used to protect the vehicle's occupants and interiors from various elements of nature, such as dust, rain, insects, wind, and other outside elements that are encountered on the road. The main types of glass in the automotive windshield market are laminated glass and tempered glass. Laminated glass is made up of a thin layer of vinyl between two layers of glass. Laminated glass does not break easily, and hence it is used in most of the vehicles' windshields. The various material types include thermoset material and thermoplastic material and involve several windshield positions, such as front windshield and rear windshield. These are equipped in the various vehicle types such as passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). The automotive windshield market research report is one of a series of new reports from The Business Research Company that provides automotive windshield market statistics, including automotive windshield industry global market size, regional shares, competitors with an automotive windshield market share, detailed automotive windshield market segments, market trends and opportunities, and any further data you may need to thrive in the automotive windshield industry. This automotive windshield market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive windshield market size grew from $18.19 billion in 2022 to $20.12 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive windshield market size is expected to grow to $28.76 billion in 2027 at a CAGR of 9.3%. The increasing growth of the automotive industry is expected to propel the growth of the automotive windshield market going forward. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. Windshields are used in automobiles to protect the occupants and the interior from dust, rain, wind, and other outside elements. Also, this helps in strengthening the structure of cars. For instance, according to the International Organization of Motor Vehicle Manufacturers data, global vehicle sales in 2020 reached 7.8 million units, which has increased to 8.2 million units in 2021. Therefore, the increasing growth of the global automotive industry is driving the growth of the automotive windshield market. Technological advancements are a key trend gaining popularity in the automotive windshield market. Major companies operating in the automotive windshield sector are focused on developing new technologies to sustain their position in the market. For instance, in December 2021, Karma Automotive, a US-based luxury vehicle company, and WayRay, a Switzerland-based technology company, collaborated to introduce a new form of windscreen or windshield for cars that is based on WayRay True Augmented Reality (True AR) and Deep Reality Display technology. This makes it possible to create virtual images from any distance and on several depth planes. A picture generating unit (PGU) projects a red, green, and blue (RGB) laser beam onto a holographic optical element to create images (HOE). The HOE is positioned inside a transparent material, frequently the side or glass of a car. In October 2021, Saint Gobain Sekurit, a Germany-based manufacturer of automotive windshields, partnered with Hopium, for an undisclosed amount. With this partnership, both companies will develop a manufacturer of high-end hydrogen-powered vehicles and increase green mobility. Hopium is a France-based company that manufactures hydrogen fuel cells and automotive engines. Major players in the automotive windshield market are Compagnie de Saint-Gobain S.A., AGC Inc., Fuyao Glass Industry Group Co., Nippon Sheet Glass Co., Guardian Industries, Central Glass Co. Ltd., Sisecam Group, Shenzhen Benson Automobile Glass Co.Ltd., Xinyi Glass Holdings Limited, Vitro, Safelite, PPG Auto Glass, Olimpia Auto Glass, GIS GmbH, T&S Auto Glass, Shatterprufe, and Glaston Corporation. Asia-Pacific was the largest region in the automotive windshield market in 2022. The regions covered in the automotive windshield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive windshield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive windshield market consists of sales of OEM glass, dealer glass and aftermarket glass. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive windshield market is segmented - 1) By Glass Type: Laminated Glass, Tempered Glass 2) By Material Type: Thermoset Material, Thermoplastic Material 3) By Windshield Position: Front Windshield, Rear Windshield 4) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)

The automotive suspension systems are responsible for smoothening the vehicles ride and keeping them in control. The suspension system maximizes the friction between the tires and road for a softer movement of vehicles. The suspension system consists of tires, tire air, springs, shock absorbers and linkages that connects a vehicle to its wheels supporting road handling and ride quality of the vehicle. The main types of automotive suspension systems include passive suspension systems, semi-active suspensions systems and active suspensions systems. Passive suspensions systems respond to changes in the road using simple springs and shock absorbers, in order to prevent unwanted excess motion in the vehicle. The different components of automotive suspension systems include coil springs, leaf springs, air springs, shock absorbers, and other components, which are used for applications in passenger vehicles, and commercial vehicles. The automotive suspension systems research report is one of a series of new reports from The Business Research Company that provides automotive suspension systems statistics, including automotive suspension systems industry global market size, regional shares, competitors with automotive suspension systems share, detailed automotive suspension systems segments, market trends and opportunities, and any further data you may need to thrive in the automotive suspension systems industry. This automotive suspension systems research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive suspension systems market size grew from $60.2 billion in 2022 to $63.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive suspension systems market size is expected to grow to $80.18 billion in 2027 at a CAGR of 5.9%. The increasing demand for motor vehicles is expected to drive the automotive suspension systems market during the forecast period. Automotive suspension systems are integrated with vehicles to maximize the friction between tyres and the road and ensure steering stability, good handling, and damage protection. According to statistics from the International Organization of Motor Vehicle Manufacturers, the total number of vehicles produced from January to September 2021 increased to 57.2 million units from 52.1 million units in 2020, during the same period. Therefore, the increasing demand for vehicles around the world is expected to drive the automotive suspension systems market. The new technological developments are a key trend gaining popularity in the automotive suspension systems market. The automotive industry is increasingly focusing on integrating smarter and safer suspension systems into vehicles for better experiences in different terrains and conditions. For instance, in November 2021, American automotive components company, Tenneco introduced a new electronic suspension technology (CVSAe) on the ZEEKR 001 premium electric shooting brake in China, which would provide better ride comfort and more dynamic vehicle handling than conventional suspension systems. Furthermore, in 2020, Germany-based suspension company, Bilstein introduced the E2 suspension system, which uses a continuous control algorithm and multiple vehicle sensors to determine vehicle speed, throttle pedal position, brake torque, steering angle, and ride height. In July 2021, KW automotive Group, a Germany-based automotive manufacturer, acquired the damping technology business unit from AL-KO Vehicle Technology Group. The acquisition would allow KW automotive to technologically upgrade its suspension systems. AL-KO Vehicle Technology Group is a Germany-based manufacturer of shock absorbers. Major players in the automotive suspension systems market are Continental AG., ZF Friedrichshafen, Tenneco, Magneti Marelli S.p.A, ThyssenKrupp Automotive Systems, WABCO Vehicle Control Systems, Mando Corp., BWI Group, KYB, Hitachi Automotive Systems, TRW Automotive Holdings Inc., LORD Corporation, Porsche, Mercedes-Benz, Multimatic and SANLUIS Rassini Asia-Pacific was the largest region in the automotive suspension systems market in 2022. The regions covered in the automotive suspension systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Automotive Suspension Systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive suspension systems market consists of sales of multi-link suspension, rigid axle suspension, independent suspension, and rigid suspension. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive suspension systems market is segmented - 1) By Type: Passive Suspensions Systems, Semi-Active Suspensions Systems, Active Suspensions Systems 2) By Component: Coil Spring, Leaf Spring, Air Spring, Shock Absorbers, Other Components 3) By Application: Passenger Vehicles, Commercial Vehicles

Automotive HVAC refers to the technology for indoor and automotive ambient comfort, which is known as heating, ventilation, and air conditioning (HVAC). The three subsystems, such as heating, cooling, and air conditioning, work together to ensure that users are provided with clean air through ventilation. It also regulates the temperature of the air, inspects the moisture content of the air, and removes excess humidity from the circulating air. It is used to regulate the temperature and climate of the vehicle. The main components of automotive HVAC are the evaporator, compressor, condenser, receiver or drier, and expansion device. An evaporator is a device that ensures the refrigerant evaporates, thus changing its state from a liquid to a gaseous form. The technologies include manual and automatic. The various types of vehicles include passenger cars, commercial vehicles, light commercial vehicles, and heavy commercial vehicles. The automotive HVAC market research report is one of a series of new reports from The Business Research Company that provides automotive HVAC market statistics, including automotive HVAC industry global market size, regional shares, competitors with an automotive HVAC market share, detailed automotive HVAC market segments, market trends and opportunities, and any further data you may need to thrive in the automotive HVAC industry. This automotive HVAC market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive hvac market size grew from $47.23 billion in 2022 to $51.69 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive hvac market size is expected to grow to $72.51 billion in 2027 at a CAGR of 8.8%. The increasing demand for luxury vehicles is expected to propel the growth of the automotive HVAC market going forward. A luxury vehicle is defined as a vehicle equipped with better performance capabilities, lavish interiors, and all the latest safety and technology features. In high-end luxury vehicles, the automotive HVAC system is essential to deliver a thermally comfortable environment for every passenger as per their requirements. For instance, in April 2022, according to the Deccan Herald, an Indian English-language daily newspaper, Lamborghini, an Italy-based manufacturer of luxury sports cars and SUVs, saw a 142% increase in sales from the previous year. As opposed to 26 in 2020–21, the company delivered 63 luxury and sport utility vehicles (SUVs) on Indian roads. Therefore, the increasing demand for luxury vehicles is driving the automotive HVAC market. Product innovations are a key trend gaining popularity in the automotive HVAC market. Major market players are concentrating their efforts on creating innovative products with advanced technologies such as the introduction of automatic climate control that controls the temperature of the car; using green technologies to develop eco-friendly and energy-efficient automotive HVAC systems; and the adoption of eco-friendly refrigerants, among others. For instance, in July 2020, Hyundai Motor Group, a South Korea-based automotive manufacturing company, introduced new air-conditioning technologies known as After-Blow, Multi-Air Mode, and Fine Dust Indicator to create a more pleasant indoor environment in vehicle cabins by improving the quality of internal air. In automobiles, After-Blow Technology is used to prevent mold growth in the air-conditioning system, which can produce an odor in warm weather and dries the condensate on the evaporator. Whereas, in Multi-Air Mode Technology is used to produce a more comfortable indoor climate with a gentle wind with Multi-Air Mode uses numerous vents for air conditioning and heating. Moreover, the driver can better control the air quality using Fine Dust Indicator Technology, which measures the air within the car in real time and offers digitized information. In February 2021, MAHLE Group, a Germany-based automotive parts manufacturer, acquired the air conditioning business of Keihin Corporation for an undisclosed amount. Four production sites and one development centre are integrated into the MAHLE Group, strengthening their presence in Asia and North America. Keihin Corporation is a Japan-based manufacturer of automotive systems operating in the automotive HVAC market. Major players in the automotive hvac market are Denso Corporation, Air International Thermal Systems, Valeo, Hanon Systems, Calsonic Kansei Corporation, Johnson Electric Holdings Ltd., Sanden Holdings Corporation, Sensata Technologies Inc., Marelli Corporation, OMEGA Environmental Technologies, Delphi Automotive , Visteon Corp. , Trans/Air Manufacturing Corp., Toyota Industries Corporation, and Xiezhong International Holdings Limited. Asia-Pacific was the largest region in the automotive HVAC market in 2022. The regions covered in the automotive HVAC market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive HVAC market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive HVAC market consists of revenues earned by entities by providing automotive HVAC services such as displaying system repair and service, brake service, engine light diagnostics, cooling system service, fluid maintenance, and fluid injection services . The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive HVAC market also includes sales of automotive HVAC components such as A/C compressors, condensers, radiator fans, accumulators, blower fans, evaporators, and refrigerators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive HVAC market is segmented - 1) By Component: Evaporator, Compressor, Condenser, Receiver/Drier, Expansion Device 2) By Technology: Manual, Automatic 3) By Vehicle Type: Passenger Cars, Commercial Vehicles, Light Commercial Vehicle, Heavy Commercial Vehicle

Automotive testing, inspection, and certification refer to certifying automotive vehicles and their components as per the requirements of regulatory and statutory standards that help to check whether vehicles meet customer expectations and various statutory standards. These services are used to ensure the automotive product complies with automotive safety and quality standards. The main types of services in automotive testing, inspection, and certification are testing services, inspection services, certification services, and other services. Automotive testing services refer to putting complete vehicles or vehicle components through a series of laboratory tests to ensure their quality compliance. The major sourcing types are in-house and outsourced. The various applications include electrical systems and components, telematics, interior and exterior materials and components, fluids and lubricants, vehicle inspection services, homologation testing, and other applications. The automotive testing, inspection, and certification market research report is one of a series of new reports from The Business Research Company that provides automotive testing, inspection, and certification market statistics, including automotive testing, inspection, and certification industry global market size, regional shares, competitors with an automotive testing, inspection, and certification market share, detailed automotive testing, inspection, and certification market segments, market trends and opportunities, and any further data you may need to thrive in the automotive testing, inspection, and certification industry. This automotive testing, inspection, and certification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive testing, inspection and certification market size grew from $20.24 billion in 2022 to $20.8 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive testing, inspection and certification market size is expected to grow to $23.23 billion in 2027 at a CAGR of 2.8%. An increase in automobile production is expected to propel the growth of the automotive testing, inspection, and certification market going forward. Automobiles refer to passenger vehicles with four wheels and an internal combustion gasoline or diesel engine, and are intended for use on public highways. Automotive testing, inspection, and certification help automobiles to be safe and strong and assist in proving the longevity of the engine or shocks. For instance, in March 2021, according to the Society of Indian Automobile Manufacturers, an India-based national body representing the Indian automobile industry, sales of commercial vehicles grew overall, rising from 5.7 million to 7.2 million units. From April 2021 to March 2022, compared to the prior year, sales of medium and heavy commercial vehicles climbed from 1.6 million to 2.4 million units, and sales of light commercial vehicles increased from 4 million to 4.8 million units. Furthermore, according to the Alliance for Automotive Innovation, a US-based trade association, automotive sales will increase by 14 million units in 2020. Therefore, the increase in automobile production is driving the growth of the automotive testing, inspection, and certification market. Advancements in TIC such as virtual reality (VR) and augmented reality (AR) have emerged as the new trends gaining popularity in the automotive testing, inspection, and certification market. Major companies operating in the automotive testing, inspection, and certification market are focused on developing and adopting virtual reality and augmented reality technologies to sustain their position in the market. For instance, in January 2020, Hyundai, a South Korea-based automotive manufacturer with its subsidiary KIA, introduced  virtual reality design evaluation system. These technology uses several development applications which would enable designers and engineers’ teams to carry out vehicle design quality assessments and development verification processes. Moreover, these system enables teams in testing vehicle ergonomics and aerodynamics more efficiently. In April 2022, Applus Plus, a Spain-based automotive testing, inspection, and certification company, acquired Entidad IDV Madrid SL for an undisclosed amount. With this acquisition, Applus Plus operates 9 statutory vehicle inspection stations in Madrid, solidifying its position as the business performing the most inspections in the area and remaining the leading provider in Spain. Entidad IDV Madrid SL is a Spain-based company that conducts taximeter testing and required automotive inspections. Major players in the automotive testing, inspection, and certification market are SGS S.A., Bureau Veritas S.A., Intertek Group PLC., Dekra SE, TUV SUD, Applus Services S.A., TUV Rheinland AG Group, Eurofins Scientific SE, MISTRAS Group Inc., Element Materials Technology, The British Standards Institution, TUV Nord Group, NSF International, RINA S.p.A., and ALS Limited. North America was the largest region in the automotive testing, inspection, and certification market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive testing, inspection, and certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive testing, inspection, and certification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive testing, inspection, and certification market includes revenues earned by entities by providing services such as pre-production inspection, first article inspection, during production inspection (DPI), pre-shipment inspection (PSI), and container loading inspection (CLI). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive testing inspection and certification market is segmented - 1) By Service Type: Testing Services, Inspection Services, Certification Services, Other Services 2) By Sourcing Type: In-house, Outsourced 3) By Application: Electrical Systems and Components, Telematics, Interior and Exterior Materials and Components, Fluids and Lubricants, Vehicle Inspection Services, Homologation Testing, Other Applications

An automotive axle is a rod or a shaft that rotates the wheels and supports the vehicle's entire weight, whereas propeller shafts are a component of an axle system that helps to transmit torque between the transmissions. The automotive axle and propeller shaft are used to transmit and provide torque and rotation to the wheels of the vehicle. The main types of automotive axles and propeller shafts are single-piece and multi-piece. A single piece refers to an arrangement with two universal joints that increase the strength and efficiency of the shaft. The types of propeller shafts are front propeller, inter-axle, and rear propeller. The types of vehicles covered are passenger cars, light commercial vehicles, and heavy commercial vehicles made with materials such as alloys and carbon fibre sold by original equipment manufacturers and aftermarket. The automotive axle and propeller shaft market research report is one of a series of new reports from The Business Research Company that provides automotive axle and propeller shaft market statistics, including global and regional shares, competitors with an automotive axle and propeller shaft market share, detailed automotive axle and propeller shaft market segments, market trends and opportunities, and any further data you may need to thrive in the automotive axle and propeller shaft industry. This automotive axle and propeller shaft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive axle and propeller shaft market size grew from $28.96 billion in 2022 to $30.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive axle and propeller shaft market size is expected to grow to $39.72 billion in 2027 at a CAGR of 6.4%. The increase in demand for comfortable and fuel-efficient vehicles is expected to propel the growth of the automotive axle and propeller shaft market going forward. Fuel-efficient vehicles can be referred to as vehicles that have a fuel consumption of fewer than 6 litres per 100 km, which reduces global warming emissions and produces less pollution. Automotive axles and propeller shafts help fuel-efficient vehicles by reducing fuel expenses, carbon emissions, and dependence on foreign oil while also improving the use of sustainable energy. For instance, in April 2021, according to the Global EV Outlook 2021, published by the International Energy Agency report, a France-based global energy system intergovernmental organization, the number of electric vehicles sold worldwide reached 10 million in 2020, an increase of 43% from the previous year. There were about 3 million new electric vehicles registered in 2020. Europe took the lead for the first time with 1.4 million new registrations. China registered 1.2 million new electric automobiles after the United States registered 2.95 million. Thus, the increase in demand for comfortable and fuel-efficient vehicles is driving the automotive axle and propeller shaft market. Technological advancements are the key trend gaining popularity in the automotive axle and propeller shaft market. Major companies operating in the market are introducing new technologies such as driveline systems technology that uses an integrated oil pan (IOP) front axle assembly with an electronic disconnect that transmits torque from the front axle to the front axle half shafts, reducing friction. For instance, in January 2020, Xtrac Limited, a UK-based designer and manufacturer of transmission systems operating in the automotive axle and propeller shaft market, launched an advanced e-axle system for electric-powered Rallycross cars that is highly efficient and lightweight and is suitable for use with motors with a power rating of 250kW. This e-axle technology delivers lubrication by an internal eccentric rotor pump with pressure input to all crucial locations to reduce churning losses and increase overall gearbox efficiency. There is also an option to add an externally mounted oil cooler. In November 2021, Walterscheid Powertrain Group, a Germany-based off-highway and industrial equipment and machinery manufacturing company, acquired IFA Kardan for an undisclosed amount. With this acquisition, Walterscheid Powertrain Group aims to expand the driveshaft portfolio and increase focus on the main and secondary drives for small- and medium-sized agricultural and construction vehicles. IFA Kardan is a Germany-based manufacturer of Cardan shafts and various types of joints used in construction and agricultural vehicles operating in the automotive axle and propeller shaft market. Major players in the automotive axle and propeller shaft market are Dana Corporation, American Axle and Manufacturing Inc., Gelenkwellen-Service GmbH, GKN-Walterscheid GmbH, Hyundai Wia Corporation, IFA Rotorion, JTEKT Corporation, Meritor Inc., ZF Friedrichshafen AG, Korea Flange Co. Ltd., Wahan Engineering Corporation, Automotive Axles Limited, Bailey Morris Ltd., D And F Propshafts, Mark Williams Enterprises Inc., and Wilson Drive Shafts. Asia-Pacific was the largest region in the automotive axle and propeller shaft market in 2022. Latin America is expected to be the fastest-growing region in the forecast period. The regions covered in this automotive axle and propeller shaft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive axle and propeller shaft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive axle and propeller shaft market consist of sales of single-piece type propeller shaft, two-piece type propeller shaft , semi-floating axle, full-floating axle, three-quarter floating axle, live front axle, dead front axle, Elliot, reverse Elliot, Lamoine and reversed Lamoine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive axle and propeller shaft market is segmented - 1) By Type: Single Piece, Multi Piece 2) By Propeller Shaft Type: Front Propeller, Inter-Axle, Rear Propeller 3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles 4) By Material: Alloy, Carbon Fiber 5) By Sales Channel: Original Equipment Manufacturer, Aftermarket

Acoustic materials refer to a variety of foams, fabrics, metals, etc. used to quiet homes, offices, cars, and other structures to improve the comfort and safety of their occupants by reducing noise generated both inside and outside of those spaces. According to their properties, such as frequency, composition, thickness, surface finish, and mounting method, different types of materials are used for automotive acoustics. used to reduce the strength of mechanical waves such as sound, ultrasound, vibration, and infrasound in liquid, gas, and solid media. The main types of materials of automotive acoustic materials are acrylonitrile butadiene styrene (ABS), fiberglass, polyvinyl chloride (PVC), polyurethane (PU) foam, polypropylene, and textiles. Acrylonitrile butadiene styrene is an opaque amorphous and thermoplastic polymer. The different components include arch liner, dash, fender and floor insulator, door, head and bonnet liner, engine cover, trunk trim, parcel tray, and other components. The various types of vehicles include passenger cars, LCVs, and HCV. These are used in various applications such as underbody and engine bay acoustics, interior cabin acoustics, exterior acoustics, and trunk panel acoustics. The automotive acoustic materials market research report is one of a series of new reports from The Business Research Company that provides automotive acoustic materials market statistics, including automotive acoustic materials industry global market size, regional shares, competitors with an automotive acoustic materials market share, detailed automotive acoustic materials market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive acoustic materials industry. This automotive acoustic materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive acoustic materials market size grew from $3.24 billion in 2022 to $3.5 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive acoustic materials market size is expected to grow to $4.71 billion in 2027 at a CAGR of 7.7%. The increase in sales of electric vehicles is expected to propel the growth of the automotive acoustic materials market going forward. Electric vehicles are vehicles that use electricity either entirely or in part. Automotive acoustic materials help electronic vehicles to reduce interior vehicle noise, by soundproofing and sound absorbing. According to the International Energy Agency (IEA) report in 2021, a France-based autonomous intergovernmental organization for energy, two-thirds of new electric car registrations and two-thirds of the stock in 2020 were battery electric vehicles (BEVs). Additionally, China has the greatest fleet size of electric vehicles with 4.5 million units and Europe experienced the largest annual growth, rising to 3.2 million in the year 2020. Therefore, the rising sales of electric vehicles are driving the growth of the automotive acoustic materials market. Technological advancements are the key trend gaining popularity in the automotive acoustic materials market. Major companies operating in the automotive acoustic materials market are introducing new technologies such as Flexi-Loft, a new felt-based technology that reduces product weight to sustain their position in the automotive acoustic materials market. For instance, in November 2021, Autoneum, a Switzerland-based developer of multifunctional, lightweight components and systems for interior floor and engine bay launched Flexi-Loft for vehicle interiors. This felt-based technology helps make a unique blend of recycled cotton and functional fibers reduces product weight and allows for accurate adaptation even to complex shapes. The textile material provides a versatile and more sustainable alternative to foam. In May 2020, Freudenberg Group, a Germany-based company offering tailor-made and technological products and services in the fields of automotive, automobile parts and more acquired Low & Bonar PLC. for an undisclosed amount. This deal is expected to help Freudenberg Group in strengthening its performance materials business and expands its technological know-how. Low & Bonar PLC., is a UK-based high-performance material manufacturer operating in the automotive acoustic materials market. Major players in the automotive acoustic materials market are Dow Chemicals, 3M Acoustics, BASF SE, Covestro AG, Henkel Adhesives Technologies India Private Limited, LyondellBasell Industries Holdings B.V., Sumitomo Riko, Sika AG, Rockwool A/S, Huntsman International LLC, Johns Manville, Saint-Gobain Ecophon AB, Harman International, Thomas Publishing Company, UFP Technologies Inc., Nihon Tokushu Toryo Co. Ltd., Knauf Insulation, and Owens Corning. Asia-Pacific was the largest region in the automotive acoustic materials market in 2022. The regions covered in automotive acoustic materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive acoustic materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive acoustic materials market consists of sales of vibration dampers, vibration damping sheets, barrier decouplers, PVC decouplers, cellulose panels, sound silencers, silk metal, and echo barriers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive acoustic materials market is segmented - 1) By Material Type: Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles 2) By Component: Arch Liner, Dash, Fender and Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray, Other Components 3) By Vehicle Type: Passenger Cars, LCV, HCV 4) By Application: Underbody and Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics, Trunk Panel Acoustics