Automotive Wiring Harness Global Market Report 2023 – By Component Type (Wires, Connectors, Terminals, Other Components), By Material Type (Copper, Aluminum, Other Materials), By Harness Type (Main Harness, Auxiliary Harness, Other Types), By Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles) – Market Size, Trends, And Global Forecast 2023-2032

Automotive cables are defined as flexibles used for data transmission and electrical connections in automobiles that are made of aluminum alloy to reduce the weight of the cables in an automobile. Automotive cables are used in lighting, in instrumental panel circuits in automobiles. Automotive cables are used as battery cables, multimedia, coaxial cables, multi-core screened cables, and sheathed ABS Sensor cables. The main product types of automotive cables are copper core, aluminum core, and others. A copper core cable is a collection of two or more copper wires wrapped in a single sheath or jacket. Automotive cables are sold through direct channels and distribution sales channels. The various applications include automotive primary wire and battery cable, brake cable, trailer cable, car speaker wire, and fusible link wire. The global automotive cables market is segmented - 1) By Product Type: Copper Core, Aluminum Core, Other Product Types 2) By Sales Channel: Direct Channel, Distribution Channel 3) By Application: Automotive Primary Wire and Battery Cable, Brake Cable, Trailer Cable, Car Speaker Wire, Fusible Link Wire The global automotive cables market size will grow from $5.4 billion in 2022 to $5.75 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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 market size of global automotive cables is expected to grow to $7.51 billion in 2027 at a CAGR of 6.9%. The increasing demand for automobiles promotes the growth of the automotive cables market. Automotive cables are used in automobiles for starting, charging, lighting, signaling, and in instrument panel circuits. For instance, battery cables in automotive are used to connect the battery to the car’s electrical system. The increasing demand for automotive will require automotive companies to increase their production and in turn, increase the demand for automotive cables. According to the October 2022 report by the Indian Brand Equity Foundation ( IBEF), an India-based government agency for providing economic information, the total number of passenger vehicles including three-wheelers, two-wheelers, and quadricycles produced in June 2022 was 2,081,148 units. Additionally, the market for passenger cars in India was estimated at US$ 32.70 billion in 2021, and by 2027, it is anticipated to have grown to US$ 54.84 billion, with a CAGR of 9%. Thus, the growth of the automotive cables market is positively impacted by the increase in the demand for automobiles. Major players in the automotive cables market are Sumitomo Corporation, Coficab Tunisie SA, Leoni, Delphi Automotive PLC., General Cable, Furukawa Electric, Lear Corporation, Coficab Group, Yazaki Corporation, and Allied Wire & Cable Inc. The growth of the automotive cables market is hindered by the growing availability of counterfeit auto parts including automotive cables. Cheap counterfeited cables are responsible for major revenue loss for authentic cable manufacturers. Apart from being priced low, these cables also increase the risk of accidents because of their low quality. The availability of counterfeited cables forces genuine manufacturers to spend heavy amounts to stop the sale of counterfeited products. According to the Federation of Indian Chambers of Commerce and Industry report, about 20% of all road accidents in India are attributed to counterfeit automotive parts with Rs 2,200 crore revenue being lost by the government due to these counterfeit products. Thus, the availability of counterfeit auto parts hampers the growth of the automotive cables market. The companies in the automotive cables market are investing in the substitution of copper with aluminum in battery cables to save manufacturing costs and reduce weight. Aluminum used is one-third the weight of copper and is less expensive than copper. The replacement holds no significant difference in the performance of the cable. Following the trend in October 2021, Toyota Boshoku Corporation, a Japan-based automotive component manufacturer, adopted the use of aluminum electrical wire to reduce the weight of automobiles and enhance their environmental performance. In April 2022, Suprajit Engineering, an India-based mechanical cable and halogen bulb manufacturer acquired Kongsberg Automotive ASA for a deal of $ 42 million. Through this acquisition, Suprojit Engineering aims to strengthen its Light Duty Cable (LDC) business unit and to gain a competitive advantage. Kongsberg Automotive ASA is a Norway-based automotive part manufacturer. Asia-Pacific was the largest region in the global automotive cables market in 2022. The regions covered in the global aircraft cables market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aircraft cables market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive cables market consists of sales of copper-core automotive cables, aluminum-core automotive cables, and other automotive cables. 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 automotive cables market research report is one of a series of new reports from The Business Research Company that provides automotive cables market statistics, including automotive cables industry global market size, regional shares, competitors with an automotive cables market share, detailed automotive cables market segments, market trends and opportunities, and any further data you may need to thrive in the automotive cables industry. This automotive cables 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 automotive direct current (DC)-direct current (DC) converter is defined as a converter that converts the high voltage into low voltage or low voltage into high voltage depending on its application. The main types of automotive DC-DC converters are isolated and non-isolated. In an isolated DC-DC converter, the DC path between its input and output is eliminated. A non-isolated DC-DC converter does not eliminate the DC path and the input and output are connected by that path. The different propulsion types include battery electric vehicles (BEV), fuel cell electric vehicles (FCEV), and plug-in hybrid vehicles (PHEV). The input voltage ranges from < 40V, 40-70V, to >70V and the output voltage ranges from <1kW, 1-10kW, 10-20kW, to >20kW. These are used in passenger vehicles and commercial vehicles. The global automotive DC-DC converter market is segmented - 1) By Propulsion Type: Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Plug-in Hybird Vehicle (PHEV) 2) By Product-Type: Isolated, Non-Isolated 3) By Input Voltage: < 40V, 40-70V, >70V 4) By Output Power: <1kW, 1-10kW, 10-20kW, >20kW 5) By Application: Passenger Vehicle, Commercial Vehicle The global automotive DC-DC converter market size grew from $0.45 billion in 2022 to $0.63 billion in 2023 at a compound annual growth rate (CAGR) of 40.4%. 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 market size of the automotive DC-DC converter is expected to grow to $2.28 billion in 2027 at a CAGR of 37.6%. The increase in the adoption of electric vehicles contributed to the growth of the automotive DC-DC converter market. The output of the batteries in an electric vehicle is several hundred of volts but the components inside the vehicles require different voltages and most of the components run on lower voltage such as air-conditioning and in-built displays. The automotive DC-DC converter turns the high voltage into low voltage or low voltage to high For instance, according to May 2022 published, Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. The increase in the adoption of electric vehicles increases the demand for automotive DC-DC converters, driving the growth of the automotive DC-DC converter market. Major players in the automotive DC-DC converter market are Continental AG, BorgWarner Inc., Denso Corporation, Valeo, Toyota Industries Corporation, Bosch, Vicor Corporation, TDK-Lambda Corporation, Delta Electronics, HELLA GmbH & Co. KGaA, Hyundai Mobis, Panasonic Corporation, Infineon technologies, Mornsun, Alps Alpine Co, Mareli Corporation, LG Innotek, Texas Instruments Incorporated, ZF Friedrichshafen AG, NAC Group Inc., SynQor, Nanjing Pengtu Power Supply Co. Ltd., AEGIS Power Systems Inc., Murata Manufacturing Co. Ltd., Shindengen Electric Manufacturing Co. Ltd., and Delta-Q Corporation. The fluctuations in global automotive production are expected to limit the growth of the automotive DC-DC converter market. For instance, global vehicle production was expected to be 89 million in 2020 but due to the COVID crisis, the production came down to 71 million, which is 20% less. For instance, in May 2022, according to a statistics report published by Knoema, a US-based data technology company, the global automobile production declined considerably in 2020, falling 15.4% from 2019. The fluctuations in global automotive production result in oversupply or low supply conditions, which has a negative impact on the automotive DC-DC converter market. Synchronous buck DC-DC converters are increasingly being produced by automotive DC-DC converter manufacturers. Synchronous buck DC-DC converters produce a regulated voltage lower than its input voltage and deliver high currents with minimizing power loss. For instance, ROHM announced a series of automotive synchronous buck DC-DC converters that have reliability and low power consumption in a compact form. These converters are used in applications such as radars, cameras, and sensors that are used for assisted driving. In October 2020, BorgWarner, a US-based automotive components and parts supplier, acquired Delphi Technologies, a UK-based manufacturer of combustion systems, electrification products, software, and controls, for a deal amount of $3.3 billion. The acquisition is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities, and scale. The company, after the acquisition, will offer integrated and standalone offerings for power electronics products including high voltage converters, inverters, onboard chargers, and battery management. Delphi Technologies was founded in the year 2014 and is headquartered in London, United Kingdom. Asia-Pacific was the largest region in the automotive DC-DC converter market in 2022. The regions covered in the automotive DC-DC converter market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive DC-DC converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive direct current (DC)-direct current (DC) converter market consists of sales of isolated direct current (DC)-direct current (DC) converters and non-isolated direct current (DC)-direct current (DC) converters. 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 automotive DC-DC converter market research report is one of a series of new reports from The Business Research Company that provides automotive DC-DC converter market statistics, including automotive DC-DC converter industry global market size, regional shares, competitors with a automotive DC-DC converter market share, detailed automotive DC-DC converter market segments, market trends and opportunities, and any further data you may need to thrive in the automotive DC-DC converter industry. This automotive DC-DC converter 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.

Automotive repair and maintenance refer to the service of repair, alteration, restoration, towing, painting, and cleaning of automobiles. Regular vehicle service and maintenance give huge dividends in fuel efficiency, increase safety, and longevity, enhance performance and reliability, and save on expensive repairs. The main types of automotive repair and maintenance are automotive mechanical and electrical repair and maintenance, automotive body, paint, interior, glass repair, and others. The automotive mechanical and electrical repair and maintenance sector is made up of businesses that specialize in transmission repair, electrical system repair, engine repair and maintenance, and exhaust system replacement. The different vehicle types include passenger cars, light commercial vehicles, heavy commercial vehicles, bikes & scooters and involves several service providers such as automotive dealership, franchise general repairs, specialty shops, locally owned repair shops/body shops, and others. The global automotive repair and maintenance market is segmented - 1) By Type: Automotive Mechanical and Electrical Repair and Maintenance, Automotive Body, Paint, Interior, and Glass Repair, Other Automotive Repair and Maintenance 2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Bike & Scooter 3) By Service Providers: Automotive Dealership, Franchise General Repair, Specialty Shop, Locally Owned Repair Shops/Body Shop, Other Service Providers Subsegments Covered: General Automotive Repair, Automotive Exhaust System Repair, Automotive Transmission Repair, Other Automotive Mechanical and Electrical Repair and Maintenance, Automotive Body, Paint, and Interior Repair and Maintenance, Automotive Glass Replacement, Automotive Oil Change and Lubrication, Car Washes, All Other Automotive Repair and Maintenance The global automotive repair and maintenance market size will grow from $837.14 billion in 2022 to $912.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. 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 size of automotive repair and maintenance market is expected to grow to $1247.01 billion in 2027 at a CAGR of 8.1%. Automotive repair and maintenance service providers are increasingly installing diagnostic devices in customer vehicles to improve their service offerings. On-board diagnostics tools are being used to track vehicle conditions and identify potential problems by running diagnoses. For instance, Koovers, a car maintenance services provider, fits an onboard diagnostics tool for its registered customers. Its call center picks up the error reported by the tool and connects with the customer for required repair work. This enables garages to check for required parts for the car even before the car is brought in for service thus reducing wait time. Major companies in the automotive repair and maintenance market include LKQ Corporation, LeasePlan Corporation N.V., ADNOC, Monro Muffler Brake, Asbury Automotive Group Inc., Nippon Express Co., Ltd., Lookers PLC, Halfords, ComfortDelGro Corporation and A2B Australia Ltd. Automotive repair and maintenance services companies are increasingly using artificial intelligence-based automated vehicle inspection technology for vehicle inspection. Automated vehicle inspection systems capture pictures of the vehicle entering the cabin from multiple angles and upload them to the central computing system which then compares them with standards to identify deviations. The system generates a report with an overview of all the issues flagged in the car and the required actions needed to be taken. For instance, Scope technology, a US-based Tech Company, has developed an AI-automated vehicle inspection technology in collaboration with Microsoft’s Azure cloud computation. ProovStation, a French automobile maintenance service provider, implemented these systems in their service centers in France and North America. They use the technology to conduct a 360o scan of the vehicle, identify the damages such as scratches, dents, dirt, suspension, frame, brakes, and engine condition, and generate a report of the issues identified. The system generates a unique code and accounts for the vehicle with its chassis number for future service purposes. This entire visual inspection process is completed in less than 5 minutes and reduces costs by 50%. Western Europe was the largest region in the automotive repair and maintenance market in 2022. Asia-Pacific was the second-largest region in the automotive repair and maintenance market. The regions covered in the automotive repair and maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive repair and maintenance market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The automotive repair and maintenance market consists of revenues earned by entities that provide services for passenger automobiles, commercial vehicles, and motorcycles and bicycles. This market includes establishments such as general automotive repair, automotive exhaust system repair, automotive transmission repair, other automotive mechanical and electrical repair and maintenance, automotive glass replacement, and car washes. 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 automotive repair and maintenance market research report is one of a series of new reports from The Business Research Company that provides automotive repair and maintenance market statistics, including automotive repair and maintenance industry global market size, regional shares, competitors with automotive repair and maintenance market share, detailed automotive repair and maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the automotive repair and maintenance industry. This automotive repair and maintenance market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive pump transmits fluids (liquid or gas) by lowering or raising the pressure on the fluids to improve vehicle performance and fuel efficiency. Automotive pumps function by lifting, compressing, or transferring fluids around the vehicle's operating system by using mechanical force or electric energy from a motor. The main types of automotive pumps are automotive fuel injection pumps, automotive fuel supply pumps, automotive engine oil pumps, automotive transmission oil pumps, automotive coolant pumps, automotive steering pumps, automotive vacuum pumps, and automotive windshield washer pumps. The automotive fuel injection pump is a rotary pump, or distributor pump, used in vehicles such as small trucks and cars for pumping fuel into the cylinders of the engine. Autonomous pumps are used in various types of electric vehicles, including battery electric vehicles (BEV), fuel cell electric vehicles (FCEV), hybrid electric vehicles (HEV), and plug-in hybrid electric vehicles (PHEV). By technology, the types of automotive pumps are electric automotive pumps and mechanical automotive pumps. Automotive pumps are sold through OEM and aftermarket sales channels. The global automotive pumps market is segmented – 1) By Pump Type: Automotive Fuel Injection Pumps, Automotive Fuel Supply Pumps, Automotive Engine Oil Pumps, Automotive Transmission Oil Pumps, Automotive Coolant Pumps, Automotive Steering Pumps, Automotive Vacuum Pumps, Automotive Windshield Washer Pumps 2) By Electric Vehicle Type: BEV, FCEV, HEV, PHEV 3) By Technology Type: Electric Automotive Pumps, Mechanical Automotive Pumps 4) By Sales Channel: OEM, Aftermarket The global automotive pumps market size will grow from $20.1 billion in 2022 to $21.54 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. 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 size of automotive pumps market is expected to grow to $28.27 billion in 2027 at a CAGR of 7.0%. The rising electrification of vehicles is expected to propel the growth of the automotive pump market. An automotive pump is a device that functions by lifting, compressing, or transferring fluids around the vehicle's operating system by using mechanical force or electric energy from a motor. An increase in fuel costs is persuading commuters to look at cheaper alternatives. Electric vehicles are a zero-emission and economical option that is gaining popularity. For instance, as of 2020, there were 10 million electric vehicles on the roads globally. In 2020, global electric car sales reached about 3 million, with new electric car registrations increasing by 40%. Thus, the rising electrification of vehicles is driving the growth of the automotive pump market. Major players in the automotive pump market are Aisin Seiki, Denso Corporation, Robert Bosch GmbH, Johnson Electric, KSPG AG, ZF, Continental AG, Concentric AB, HELLA KGaA Hueck & Co., Seiki Co. Ltd., Valeo, Hitachi Automotive Systems Ltd., JTEKT Corporation, Magneti Marelli S.p.A, Pricol Ltd., TI Automotive Ltd., Rheinmetall Automotive AG, The Sherwin-Williams Company, and Mikuni Corporation. The growing adoption of new technologies is a key trend gaining popularity in the automotive pump market. New technologies such as gasoline turbochargers, gasoline direct injection, and automatic transmission enable efficient circulation of oil in all parts of an automobile to create lucrative opportunities for manufacturers of automotive pumps. For instance, in November 2021, Gates, a US-based provider of fluid-power and power transmission solutions, launched next-generation technology for electric water pumps (EWP) used in automotive, light commercial and heavy duty vehicles. The Gates ThermalPro™ EWP technology is the culmination of significant investments in electronics, software, motor design and computational fluid dynamics. In February 2021, ADVIK Hi-Tech, an India-based automotive component manufacturer, acquired Hanon Bangalore Operations Pvt. Ltd. for an undisclosed sum from Hanon Systems in South Korea. The acquisition is intended to help ADVIK Hi-Tech expand its global manufacturing and R&D capabilities in the powertrain systems industry, allowing it to offer a comprehensive pump portfolio to global vehicle manufacturers, including oil pumps, water pumps, and vacuum pumps. Hanon Bangalore Operations is an India-based manufacturer of automotive pumps for the global vehicle industry. Asia-Pacific was the largest region in the automotive pumps market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Automotive Pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive pump market consists of sales of fuel pump, fuel injection pump, water pump, windshield pump, transmission oil pump, vacuum pump and headlight washer pump.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 automotive pumps market research report is one of a series of new reports from The Business Research Company that provides automotive pumps market statistics, including automotive pumps industry global market size, regional shares, competitors with automotive pumps market share, detailed automotive pumps market segments, market trends and opportunities, and any further data you may need to thrive in the automotive pumps industry. This automotive pump 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.

Automotive micro motors are compact, lightweight, and simple to operate motors with low power consumption and little electromagnetic interference, and hence are ideal for usage in small, complicated locations with limited power budgets, such as modern electrical and electronic systems. The automotive micro motors are used in the automotive industry to convert electrical energy into mechanical energy. The different types of automotive micro motors include AC micro motor and DC micro motor. AC micro motor converts electrical energy into mechanical energy using alternating current. These motors are efficient, durable, quiet and flexible, and are hence used for many power generation needs. The automotive micro motors power consumption types include 48V, 25V-48V, 12V-24V and less than 11V. The automotive micro motors technologies include brushed and brushless for applications in passenger vehicle and commercial vehicle. The global automotive micro motor market is segmented – 1) By Type: AC Micro Motor, DC Micro Motor 2) By Power Consumption: 48V, 25V-48V, 12V-24V, Less than 11V 3) By Technology: Brushed, Brushless 4) By Application: Passenger Vehicle, Commercial Vehicle The global automotive micro motor market size will grow from $2.74 billion in 2022 to $2.9 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. 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 size of automotive micro motor market is expected to grow to $3.57 billion in 2027 at a CAGR of 5.3%. The increasing demand for luxury cars is expected to propel the growth of the automotive micro motor market. Automotive micro motors serve a critical role in the system that allows components such as electric sunroofs, environmental purification, power antennae and other advanced features to operate. The growing demand for luxury cars is expected to increase demand for micro motors. For instance, German luxury car company, Audi, reported a two-fold increase in retail sales in India in 2021, from 1,639 units in 2020 to 3,293 units in 2021. Another German luxury vehicles company, Mercedes-Benz India sold 4,101 units in the 2021 July-September quarter, up from 2,060 units in the same quarter of 2020. Therefore, the rising demand for luxury automobiles is expected to drive the automotive micro motors market. Major players in the automotive micro motor market are ABB, Buhler Motor Gmbh, Constart Micro Motor, Johnson Electric, Nidec Corporation, Robert Bosch, Denso, Mabuchi Motors, Asmo, Brose, Mahle, Panasonic, Shihlin Electric, IFB Automotive Private Limited, Maxon Motor and Constar Micromotor Co. Ltd Strategic collaborations between companies are a key trend gaining popularity in the automotive micro motor Market. Companies manufacturing micro motors are undergoing partnerships and collaboration to develop new technologies and products. For instance, in June 2021, Local Motors, a manufacturer of autonomous vehicles announced a strategic partnership with protean electric to accelerate development of automotive micro motors and electric autonomous vehicles. In June 2020, Maxim Integrated, a subsidiary of a US-based Analogue Devices, which designs, manufactures, and sells analogue and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets acquired Trinamic for an undisclosed amount. With this acquisition, Maxim Integrated will have access to Trinamic’s robust portfolio of stepper, brushless, and brushed DC motor products. Trinamic is a Germany-based company operating in automotive micro motors that manufactures all kinds of electric motors and motion control devices. Asia-Pacific was the largest region in the automotive micro motor market in 2022. The regions covered in the automotive micro motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive micro motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive micro motors market consists of sales of geared motors and coreless motors.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 automotive micro motor market research report is one of a series of new reports from The Business Research Company that provides automotive micro motor market statistics, including automotive micro motor industry global market size, regional shares, competitors with automotive micro motor market share, detailed automotive micro motor market segments, market trends and opportunities, and any further data you may need to thrive in the automotive micro motor industry. This automotive micro motor 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.

An automotive camera refers to a camera that is used to capture high-quality video and images to increase visibility and ensure driver safety. Automotive cameras are often implanted with cutting-edge computer vision algorithms for true machine vision systems, which can delay the vital data needed for driver assistance. These cameras help the driver with easy parking, better performance, and quality to support customers for safer and more comfortable driving. The main vehicle types captured by automotive cameras are passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger vehicle automotive camera is used for the transport of travelers from one place to another and consists of just eight seats in addition to the driver's seat. The different view types include single-view and multi-view systems with various technologies such as digital cameras, infrared cameras, and thermal cameras. Numerous applications include park-assist, advanced driver-assistance systems, and others. The global automotive camera market is segmented – 1) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle 2) By View Type: Single View System, Multi Camera System 3) By Technology: Digital Cameras, Infrared Cameras, Thermal Cameras 4) By Application: ParkAssist, Advanced Driver-Assistance Systems The global automotive camera market size will grow from $7.95 billion in 2022 to $9.15 billion in 2023 at a compound annual growth rate (CAGR) of 15.1%. 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 size of automotive camera market is expected to grow to $14.92 billion in 2027 at a CAGR of 13.0%. An increase in the number of road fatalities is expected to propel the growth of the automotive camera market going forward. Any person killed or dying within 30 days as a result of a road injury accident is considered a road fatality. The vehicle camera systems include an accelerometer and g-sensor, as well as GPS tracking and motion detection, which allow for the identification of a wide range of safety-related incidents, such as extremely sharp braking or turning, and crashes. To allow for early viewing, the system immediately uploads footage from before and after the incident. For instance, according to World Health Organization data published in June 2021, approximately 1.3 million people die each year as a result of road traffic crashes. Also, 93% of the world's road fatalities occur in low-and middle-income countries, even though these countries have approximately 60% of the world's vehicles. Therefore, the increase in the number of road fatalities is driving the growth of the automotive camera market. Major players in the automotive camera market are Continental Automotive, Bosch Mobility Solutions, Valeo, Aptiv, Magna International, Mobileye N.V., Omnivision, ZF Friedrichshafen AG, Denso Corporation, Hella KGaA Hueck & Co, Ficosa International SA, Basler AG, Autoliv Inc., Ricoh, and Garmin Ltd. Technological advancements have emerged as a key trend gaining popularity in the automotive camera market. Major companies operating in the automotive camera market are focused on developing new technological solutions to reinforce their position in the market. For instance, in July 2020, ZF Group, a Germany-based automotive camera producer, launched S-Cam 4.8, the next-generation ADAS cameras. The S-Cam4.8 is one of the first cameras to ever be able to provide a 100-degree horizontal field of view, and it represents yet another significant advancement in meeting the requirements for upcoming Euro NCAP 5-Star Safety Ratings, IIHS Top Safety Pick+, and General Safety Regulations, which call for increasingly rigorous test protocols for safety-critical systems. These cameras utilise Mobileye's EyeQ4 processor for cutting-edge object identification technology, which has the potential to be very useful in assisting in the protection of vulnerable road users. In November 2021, Sensata, a US-based manufacturer, and distributor of sensors and electronic controls acquired SmartWitness for an undisclosed amount. The acquisition advances Sensata’s Insight megatrend, a focused growth initiative, and expands its market. Smartwitness is a US-based manufacturer of in-vehicle cameras, recorders, and software. Asia-Pacific was the largest region in the automotive camera market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive camera market consists of sales of infrared camera, thermal camera, and digital camera. 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 automotive camera market research report is one of a series of new reports from The Business Research Company that provides automotive camera market statistics, including automotive camera industry global market size, regional shares, competitors with an automotive camera market share, detailed automotive camera market segments, market trends and opportunities, and any further data you may need to thrive in the automotive camera industry. This automotive camera 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 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 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 The global automotive suspension systems market size will grow 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 size of automotive suspension systems market 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. 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. 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. 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 automotive suspension systems market research report is one of a series of new reports from The Business Research Company that provides automotive suspension systems market statistics, including automotive suspension systems industry global market size, regional shares, competitors with automotive suspension systems market share, detailed automotive suspension systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive suspension systems industry. This automotive suspension systems 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.

Electrical and electronics produce products that generate, distribute and use electrical power, or electronic products such as audio, video, and semiconductors. This market does not include computers, computer peripherals, and telecommunications equipment. The main types of electrical and electronics are electrical equipment, measuring and control instruments, and electronic products. Any apparatus, appliance, cable, conductor, fitting, insulator, material, meter, or wire that is used for controlling, generating, supplying, transforming, or transmitting electricity at a voltage greater than extra-low voltage or is powered by electricity at a voltage greater than extra-low voltage is considered as electrical equipment. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electrical and electronics market is segmented - 1) By Type: Electrical Equipment, Measuring and Control Instruments, Electronic Products 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables, Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments, Audio And Video Equipment, Semiconductor And Other Electronic Component The global electrical and electronics market size grew from $3454.94 billion in 2022 to $3739.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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 market size of electrical and electronics is expected to grow to $4986.91 billion in 2027 at a CAGR of 7.5%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electrical and electronics products. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of the electrical and electronics market during the forecast period. Major companies in the electrical and electronics market include Samsung Electronics Co. Ltd., Siemens AG, LG Electronics, Taiwan Semiconductor Mfg. Co Ltd., Panasonic Corporation, Thermo Fisher Scientific, Apple, Haier Smart Home Co., Ltd., Schneider Electric SE, and SK Hynix Inc. Virtual reality technology is being adopted by electronic manufacturing companies to improve manufacturing efficiency. This technology in the electrical and electronics industry analysis is often referred to as digital design, simulation, and integration. Virtual reality minimizes the scope for product defects in the design phase. For instance, virtual reality technology enables companies to inspect design objects at all conceivable scales, thereby eliminating defects in the product in the design stage. For instance, some of the major companies adopting virtual reality include Integrated Microelectronics, Inc., Flextronics International Ltd., Benchmark Electronics, Inc., and Kimball International. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electrical and electronics manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the electrical and electronics market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Asia-Pacific was the largest region in the global electrical and electronics market in 2022. North America was the second largest region in the electrical and electronics market share. The regions covered in the electrical and electronics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electrical and electronics market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The electrical and electronics market consists of sales of photoresist and photoresist ancillaries, superconductors, photoelectric sensors, automotive dc-dc converters, surface inspection, temperature sensors, fingerprint sensors, quantum dot, touch screen controllers, torque sensors, pressure sensors, silicon photonics, automotive wiring harness and other electrical and electronics components. 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 electrical and electronics market research report is one of a series of new reports from The Business Research Company that provides electrical and electronics market statistics, including electrical and electronics industry global market size, regional shares, competitors with an electrical and electronics market share, detailed electrical and electronics market segments, market trends and opportunities, and any further data you may need to thrive in the electrical and electronics industry. This electrical and electronics 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.