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Automotive Panoramic Sunroof Market worth $4.26 Billion by 2026: Allied Market Research

Automotive Panoramic Sunroof Market worth $4.26 Billion by 2026: Allied Market Research

Portland, OR, Oct. 13, 2020 (GLOBE NEWSWIRE) — As per the report published by Allied Market Research, the global automotive panoramic sunroof market was pegged at $1.31 billion in 2018 and is anticipated to hit $4.26 billion by 2026, registering a CAGR of 15.7% from 2019 to 2026.

Innovation in glass technology and surge in demand for safety, comfort, and convenience drive the growth of the global automotive panoramic sunroof market. However, high integration and maintenance cost and low penetration of power sunroof in low segment vehicles hinder the market growth. On the other hand, surge in penetration of solar sunroof in electric vehicles across the globe and increase in the sale of automotive vehicles would open new opportunities for the market players in the coming years.

Download Report Sample at https://www.alliedmarketresearch.com/request-sample/6281

Covid-19 impact: The ongoing pandemic has negatively impacted the global automotive panoramic sunroof industry.

  • Paused production, slumped sale, and fallout in business performance has decreased the demand for the automotive panoramic sunroof.
  • Manufacturers are reviewing their R&D budgets, long-term investments, and diverting funds to potentially future-proof technologies, which may halt the manufacturing of automotive panoramic sunroofs.

Get Detailed COVID-19 Impact Analysis on the Automotive Panoramic Sunroof Market Request Here!

The global automotive panoramic sunroof market is segmented on the basis of material type, vehicle type, and geography. Based on material type, the fiber segment is anticipated the highest CAGR of 21.3% during the forecast period. However, the glass segment held the largest share in 2018, accounting for more than 90% of the market.

On the basis of vehicle type, the hatchback segment is expected to manifest the fastest CAGR of 19.6% during the forecast period. However, the sedan segment dominated the market in 2018, contributing to more than half of the market.

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Automotive Panoramic Sunroof Market worth $4.26 Billion by 2026: Allied Market Research – Press Release

Automotive Panoramic Sunroof Market worth $4.26 Billion by 2026: Allied Market Research – Press Release

Portland, OR, Oct. 13, 2020 (GLOBE NEWSWIRE) — As per the report published by Allied Market Research, the global automotive panoramic sunroof market was pegged at $1.31 billion in 2018 and is anticipated to hit $4.26 billion by 2026, registering a CAGR of 15.7% from 2019 to 2026.

Innovation in glass technology and surge in demand for safety, comfort, and convenience drive the growth of the global automotive panoramic sunroof market. However, high integration and maintenance cost and low penetration of power sunroof in low segment vehicles hinder the market growth. On the other hand, surge in penetration of solar sunroof in electric vehicles across the globe and increase in the sale of automotive vehicles would open new opportunities for the market players in the coming years.

Download Report Sample at https://www.alliedmarketresearch.com/request-sample/6281

Covid-19 impact: The ongoing pandemic has negatively impacted the global automotive panoramic sunroof industry.

  • Paused production, slumped sale, and fallout in business performance has decreased the demand for the automotive panoramic sunroof.
  • Manufacturers are reviewing their R&D budgets, long-term investments, and diverting funds to potentially future-proof technologies, which may halt the manufacturing of automotive panoramic sunroofs.

Get Detailed COVID-19 Impact Analysis on the Automotive Panoramic Sunroof Market Request Here!

The global automotive panoramic sunroof market is segmented on the basis of material type, vehicle type, and geography. Based on material type, the fiber segment is anticipated the highest CAGR of 21.3% during the forecast period. However, the glass segment held the largest share in 2018, accounting for more than 90% of the market.

On the basis of vehicle type, the hatchback segment is expected to manifest the fastest CAGR of 19.6% during the forecast period. However, the sedan segment dominated the market in 2018, contributing to more than half of the market.

Interested to Procure

Read the rest
Global Automotive Usage-Based Insurance Market | Use of Smartphone-enabled Programs to Boost the Market Growth

Global Automotive Usage-Based Insurance Market | Use of Smartphone-enabled Programs to Boost the Market Growth

The global automotive usage-based insurance market size is poised to grow by 37.25 million units during 2020-2024, progressing at a CAGR of almost 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005433/en/

Technavio has announced its latest market research report titled Global Automotive Usage-Based Insurance Market 2020-2024 (Graphic: Business Wire)

The growth in smartphone-enabled programs and their usage will be a significant factor driving the growth of the automotive usage-based insurance market. Automotive OEMs are increasingly collaborating with smartphone and tablet manufacturers to provide in-vehicle products and services. The growing demand for electric vehicle (EVs) has also encouraged the development of applications that allow consumers to connect their smartphones with their cars to check the real-time status of vehicle batteries. These factors coupled with the rising penetration of smartphones have resulted in the development of app-based UBI systems for the automotive industry. Hence, the increasing use of smartphone-enabled programs will fuel the growth of the automotive usage-based insurance market during the forecast period.

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Report Highlights:

  • The major automotive usage-based insurance market growth came from the pay-how-you-drive (PHYD) pricing scheme segment. The premium in the pay-how-you-drive (PHYD) pricing scheme is calculated based on the driving behavior of the driver. Continuous growth in vehicle ownership, an increase in customer demand for vehicles, advancement in technology, and increased availability of data are some

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Augmented Reality is Intruding Automotive Market

Augmented Reality is Intruding Automotive Market

Augmented Reality

A few years ago, using display in automobile was considered a luxury reserved only for high-end vehicles. But today, the rapid development in the automotive industry has made AR displays a mandatory in most automotive designs.

Recently, the use of Augmented Reality (AR) technology to enhance the gaming graphics has taken centre stage. However, heads-up displays (HUDs) are the latest innovation in the driver assistance systems. Beyond the large monitors used for in-console navigation, control and rear-seat DVD systems, the most exciting advancements in HUD is extending to any transparent display that presents data without requiring the user to look away from the usual field of view.

HUD system lets the driver to focus on the road while at the same time having a hold over vehicle information such as speed, warning signals and indicator arrows on the windshield. It fills the gap that the driver requires to put on the road at an instrument panel on the dashboard. Engineers believe that incorporating augmented reality and head-up displays (HUD) will make roads safer. Ultimately, as an added benefit, the technology will also help drivers trust in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology.

The automotive HUD market is estimated to be at US$866 million in 2020 and is predicted to reach US$3,372 million by 2025 with a CAGR of 31.3% during the forecast period.

 

What is AR head-up display (HUD)?

Augmented reality (AR) HUD display is a projector that visualizes ADAS and driving information from driver’s view. It is the latest advanced driver assistance system projecting real-time data to enable drivers to stay focused on roads for their convenience and passenger’s safety. The data seen in the windshield consists of warning signals, speed, navigation displayed directly on the screen. AR HUD enables vehicles to communicate more information

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New Automotive Crash Test Dummies Market Research Highlights Recovery Path for Businesses from COVID-19 based on the Type – Male Crash Test Dummies, Female Crash Test Dummies, and Child Crash Test Dummies| Technavio

New Automotive Crash Test Dummies Market Research Highlights Recovery Path for Businesses from COVID-19 based on the Type – Male Crash Test Dummies, Female Crash Test Dummies, and Child Crash Test Dummies| Technavio

LONDON–(BUSINESS WIRE)–The new Automotive Crash Test Dummies Market Research from Technavio indicates Negative and Inferior growth in the short term as the business impact of COVID-19 spreads.

“One of the primary growth drivers for this market is the emergence of autonomous and connected vehicles,” says a senior analyst for the Consumer Discretionary industry at Technavio. In recent years, automobiles have witnessed notable automation such as automatic door lock system, automatic heating, ventilation, and air conditioning (HVAC) system, automatic wiper systems, and automatic transmission system. This development in the automotive industry has paved the need for vehicles that are completely autonomous. However, connected vehicles and autonomous vehicles need to be tested in different accident scenarios. These testing methods require crash test dummies for analyzing the impact, which, in turn, will augment the growth prospects of this market. As the markets recover Technavio expects the automotive crash test dummies market size to grow by USD 4.06 million during the period 2020-2024.

Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of automotive crash test dummies market. Download free report sample

Automotive Crash Test Dummies Segment Highlights for 2020

  • The automotive crash test dummies market is expected to post a year-over-year growth rate of -5.87%.
  • Male crash test dummies dominated the market in 2019.
  • The concept of automotive crash testing was adopted from military vehicle or aircraft crash testing. Therefore, most existing crash test dummies are physically fit male crash test dummies.
  • However, the increasing average weight of a male across the world has compelled the automotive crash test dummies manufacturers to design and develop different types of male dummies that vary in body structure.
  • The use of such dummies has increased the demand for crash test dummies in this segment. Therefore, market growth in this segment will be
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