According to ESOMAR-certified Future Market Insights (FMI), automotive lighting market size sales have been increasing significantly in response to the growing demand for better safety systems across the globe. As per the study, the global automotive lighting market is anticipated to grow at around 6.3% CAGR through the forecast period.

The global sales of automotive lighting are anticipated to surpass 1.813 million units in 2021. FMI presents a positive growth outlook for the market. In terms of volume, the automotive lighting market is predicted to expand at 5.2% CAGR over the course of the assessment period.

Key Takeaways from FMI’s Automotive Lighting Market Study

The U.S is expected to offer lucrative growth opportunities on the back of growing demand for lightweight passenger vehicles.
Rapid economic growth, increasing traffic congestion, and high demand of two wheelers in Brazil will drive the automotive lighting market growth.
Advancement in the electric vehicle section along with government initiatives towards reducing carbon emission will boost the automotive lighting market in China.
Rapid development and modernization of automotive industry and booming passenger vehicles segment in India will create growth opportunities.
Utilization of front headlights as a part of safety system as well in aesthetic design of the premium vehicles will drive the market growth in upcoming years.
Shales in passenger vehicles segment will surge at a high pace over the forecast period.
Introduction of LED matrix headlamps and LED daytime running lights in two wheelers and electric vehicles for safety purposes will further push automotive lighting market growth.
“In order to gain competitive edge, leading automakers are partnering with automotive part manufacturers to foster innovations. Besides some of the leading car manufacturers, small and mid-sized companies are also expected to join the bandwagon,” says the FMI analyst.

The Europe market is projected to register an average growth of 5.2% per annum during the forecast period.

Rising demand for automation in vehicles for improved safety and high performance is encouraging original equipment manufacturers (OEMs) to design lightweight automotive lighting with superior efficiency

This also has resulted in the incorporation of light-emitting diode (LED) lighting to offer greater durability and low power consumption in automotive lighting. Thanks to shifting consumer preference and surging competition, these developments are no longer limited to the luxury vehicle segment.

An increasing number of automakers are incorporating latest technologies such as superior performing and lightweight automotive lighting in their vehicle models. This will guarantee impressive growth in the market through the assessment period.

For instance, Volkswagen partnered with Hella, a leading German-based auto part manufacturer, to develop IQ. LIGHT LED headlamps. This novel component was included in Volkswagen’s new luxury class Touareg SUV.

For more information:
https://www.futuremarketinsights.com/reports/automotive-lighting-market
According to the report, the global sales of automotive lighting are anticipated to increase in 2021 with volume sold reaching over 1.813 million units. FMI presents a positive growth outlook for the market. In terms of volume, the automotive lighting market is predicted to expand at 5.2% CAGR with sales reaching around 3.114 million units over the course of the assessment period.

Competitive Landscape

Automotive lighting market is highly competitive market owing to presence of numerous players. Market players are focusing on employing organic market strategies to consolidate their market position.

They are also looking towards developing innovative products and improve value chain. Manufacturers are also participating in strategic collaboration with distributors to cater to the increasing demand.

Prominent automotive lighting company are: -

Koito Manufacturing Co. Ltd.
Hella KGaA Hueck & Co.
Stanley Electric Co.
Valeo SA
Osram Licht AG
Magnetti Marelli
Varroc Group
Automotive Lighting Market by Category

By Application:

Front Headlights
Fog Lights
Rear Lights
Side Lights
Interior Lights
By Vehicle Type:

Passenger Cars
Compact
Mid
Luxury
SUVs
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Battery Electric
Plug-in Hybrid Electric
Hybrid Electric
Two Wheelers
Motorcycles
Scooters
By Light Source:

Halogen
LED
Xenon
By Sales Channel:

OEM
Aftersales

Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, It is estimated that the golf cart market size would grow from US$ 1.34 billion in 2022 to US$ 2.12 billion in 2032.

Key Takeaways of Global Golf Cart Market Study

After registering negative growth in 2020, golf cart sales is expected to pick up 2021 onwards
The U.S. market will prove excessively lucrative, accounting for dominant 78.3% sales in 2021
After deceleration in sales, the U.K. market will exhibit recovery, registering 2.6% Y-o-Y growth in 2021
Other than U.K., Germany and France will emerge as key markets within Europe
China will continue dominating East Asia market, followed by Japan and South Korea
“Driven by increasing focus on reducing emissions and the rising demand for energy-efficient mobility solutions, golf cart manufacturers are expected to focusing on the production of solar powered and electric golf carts. With this trend unlikely to slow down in the near future, the market will continue gaining impetus through the forecast period,” says FMI analyst.

With the rising focus on renewable energy, the demand for solar-powered and electric vehicles is increasing. The trend also is visible in the golf cart market. According to FMI, electric golf carts are expected to account for over 87% of sales in 2021. Driven by changing preferences of consumers, some of the leading manufacturers are focusing on developing technologically advanced intelligent braking system for golf carts. This is indicating towards the potential launch of driverless golf carts.

As per FMI’s research scope, the global golf cart market has been studied and segmented on the basis of product type, operation, application, ownership and region. The global golf cart market report also details global golf cart cost analysis, and market presence of leading manufacturers.

Global golf cart market is expected to be an opportunistic market in the forecast period due to growing golf sports infrastructure and its applications in various sectors. As this low speed and compact vehicles have numerous applications, starting from their primary application in golf courses to their applications in sports events, airports, resorts, hospitals, warehouses, railway stations, universities, and housing projects, their demand is expected to rise considerably in the coming years.

For more information:
https://www.futuremarketinsights.com/reports/golf-cart-market

For instance, Club Car, LLC Club car, a leading company in golf cart market, has introduced its lithium ion-powered golf cart technology in 2019. Such efforts by leading players are expected to bode well for the market.

Key players

Club Car, LLC
Yamaha Golf-Car Company.
E-Z-GO
EverGreen Electrical Vehicles
Columbia ParCar Corp
Hitachi Chemical Co., Ltd.
Xiamen Dalle Electric Car Co., Ltd. Company
Maini Material Movement Pvt. Ltd
Garia Luxury Golf Car.
Cruise Car, Inc.
Toyota Motor Corporation
Polaris Inc
Solorider
GDRIVE Golf Cart
Carrieall Car Pvt Ltd
Volmac Engineering Pvt Ltd
Key Segment

By Product Type:

Push-Pull Golf Cart
Gasoline Golf Cart
Electric Golf Cart
Solar Powered Golf Cart
By Operation:

Manual
Powered
By Application:

Golf Courses
Personal Use
Industry Use
Others
By Ownership:

Rented
Fully Owned

According to ESOMAR-certified Future Market Insights’ (FMI), the aircraft cabin interior market is expected to expand at 2.70% CAGR throughout the forecast period. The market is highly competitive with United Technologies Corporation, Safran S.A., Diehl Stiftung & Co. KG, HAECO Group, Honeywell International, Inc., and Panasonic Avionics Corporation encompassing around 50% of global market shares.

Key Takeaways from FMI’s Aircraft cabin interior Market Study

Rapid production of commercial aircrafts and presence of leading market players in U.S. along with increasing foreign direct investment in aviation industry will bode well for the aircraft cabin interior market growth in U.S.
Automotive aircraft cabin interior is expected to grow at a healthy rate in Russia owing to increasing delivery of foreign aircrafts and rising demand for maintenance, and overhauling of multiple components in such aircrafts.
Development of narrow body aircrafts by China along with establishment of production centers in the country due to cheap labor and abundance of resources will boost the aircraft cabin interior market growth
Growing government initiatives and rising per capita income of the people will promote adoption of air transport, thus driving the aircraft cabin interior market growth in India.
Rapid modernization in aircraft components and interiors, retrofitting of interior cabins, and increasing demand for maintenance, overhaul and repair of aircrafts using new materials will boost the aircraft galley market growth.
Increasing demand of commercial aircrafts, growing consumer inclination towards air travel to save time and growing trend of customized interior are further accelerate the growth of the aircraft cabin interior aftermarket distribution channel.
“Rapid increment in air passenger traffic and high demand for new aircrafts will create novel growth opportunities for aircraft cabin interior market growth throughout the forecast period,” says the FMI analys

For more information: https://www.futuremarketinsights.com/reports/global-aircraft-cabin-interior-market

According to International Civil Aviation Organization, incorporation of low-cost carrier aircrafts in air transport sector has significantly influenced the aircraft cabin interior market. Thriving tourism sector, increase in air traffic, and growing flight iteration are factors driving the market growth.

Surge in new aircraft orders and rising popularity of in-flight entertainment system and aesthetic lighting system will proliferate the market demand in upcoming years. Aircraft cabin interior market is anticipated to grow at a healthy pace owing to increasing demand for custom, luxurious, and comfortable cabin interiors with comfortable and smart seating systems.

Establishment of aircraft manufacturing facilities and associated activities in emerging economies will create lucrative growth opportunity in the global aircraft cabin interior market during the forecast period.

COVID-19 pandemic hampered the aviation industry due to imposition of lockdown and suspension of domestic and international flights across the globe. Increase in overall weight of aircraft, stringent safety regulations and absence of profitable airline services in emerging companies are hindering the market growth.

Competitive Landscape

Strict safety regulations are hindering the entrance of new market players in the aircraft component manufacturing. Long development cycle along with partnerships to leverage certain field expertise will promote the entry on new market players.

Market players are working to ensure sustainable supply chain in maintained in this constantly fluctuation aerospace industry. OEMs are collaborating with small companies that specialize in lighting system and seat manufacturing.

Key market players are working towards overcoming the delivery delays by expanding their supplier base. They are also looking towards strategic acquisition and penetrate emerging markets through new product development.

Diehl Stiftung & Co. KG developed a new airspace cabin for Airbus A320neo Family on behalf of its customer Airbus in June 2021. The new cabin offers more comfortable seating to the passengers along with largest luggage compartment.

Diehl Aviation also adopted new cabin lining and designed a novel lighting concept coupled with virtually touch free lavatories.

Prominent aircraft cabin interior manufacturers are: United Technologies Corporation, Zodiac Aerospace S.A., HAECO Group, Diehl Stiftung & Co. KG, Aviointeriors S.p.A., Geven S.p.A., Bucher Group, Panasonic Avionics Corporation, Turkish Cabin Interior Inc., SCI Cabin Interiors, Factorydesign, and Honeywell International Inc.

Key Segments Covered in Aircraft cabin interior Market Study:

By Product Type

Sidewalls/Liners
Carts
Overhead Bins
Seats
Lavatory
Monuments
Windows
Lights
IFEC
Flooring
By Aircraft Type

Narrow Body Aircrafts
Wide Body Aircrafts
Large Body Aircrafts
By Application

Seating System
Galley
Cabin & Structure
Equipment & System
By Distribution Channel

OEM
Aftermarket

According to the latest research by Future Market Insights (FMI), The global Automotive Lead Acid Battery Market Size estimates the market to expand at a steady CAGR of over 3.3% by year 2031-end.

Flooded batteries, followed by enhanced flooded batteries are most sought-after lead acid batteries. Flooded batteries are expected to account for over half of sales registered in the market. The use of lead batteries for starting, lighting and ignition (SLI) application is increasing around the world. Easy availability of lead acid batteries and their economical pricing as compared to other battery types will continue enabling growth in the market over the coming decade.

Despite advent of various advanced technologies, which threaten replacement, lead acid batteries sales will continue surging at a moderate pace. The rising production of passenger and commercial vehicles will continue supporting growth through the course of the forecast period.

Also, the advent of new technologies is aiding overall expansion. Some of the leading manufacturers are focusing on a wide range of automotive lead acid resistance, decreasing heat generation, modification of electrode plates, and improving charge acceptability.

These efforts are expected to improve performance of lead acid batteries, in turn creating lucrative opportunities for increasing sales.

For more information:
https://www.futuremarketinsights.com/reports/automotive-lead-acid-battery-market
Key Takeaways from Market Study

After a period of negative growth, sales will improve 2021 onwards, enabling the market register 2.8% y-o-y growth in 2021
The U.S. will account for over 86% of sales registered in North America. It is expected to remain the dominant market through the course of the forecast period
Increasing passenger vehicle production will enable sales in the U.K. to increase by 1.7% in U.K. in 2021
Germany and France will emerge as other key markets within Europe
Expansion of the automotive sector will support growth in China, followed by Japan and South Korea
“Market players are threatened by the availability of high-performing alternatives. The increasing demand for lithium-ion batteries and other alternatives has been compelling them to invest in research and development activities. This will enable the market to stay strong, registering steady growth through the course of the forecast period,” said a lead analyst at FMI.

Competitive Landscape

The global automotive lead acid batteries market is highly competitive at regional as well as global level, and highly consolidated in nature. Some of the automotive lead acid battery manufacturers are Clarios, GS Yuasa Corporation, Panasonic Corporation, Leoch International Technology Limited, Exide Industries Ltd., EnerSys Inc., and others. Top companies operating in the market are occupying hefty shares in terms of revenue. With compliance to governmental standards and regulations, these companies have a global brand presence. Prime manufacturers are also updating their technologies to improve their market share.

Market Segmentation by Category

By Battery Type

Flooded
Enhanced Flooded
AGM
By Technology

ICE
Hybrid
Electric
By Vehicle Type

Passenger Car
LCV
By Sales Channel

OEM
Aftermarket

The locomotive wiring harness market is estimated to be valued US$ 4,366.50 million in 2023 and US$ 7,388.20 million by 2033, growing at a 5.4% CAGR from 2023 to 2033.

The key factors driving market expansion for locomotive wiring harness are increasing urbanisation, increased demand for expanded public transportation services, and government efforts to modernise existing railway infrastructure to improve rail connectivity. Furthermore, the growing use of trains for transportation and logistics has increased demand for locomotive wiring harness.

The growing trend of autonomous trains, as well as the growing demand for energy-efficient wiring frameworks, is going to provide new growth prospects for the locomotive wiring harness market.

For more information:
https://www.futuremarketinsights.com/reports/locomotive-wiring-harness-market
Market Restraint

The instability of raw material prices, corrosion concerns caused by changing weather conditions and malfunctioning of the wiring system operating under large loads, all contribute to the locomotive wiring harness market’s slow progress.

Market Segmentation – By Train Type

The high-speed rail and bullet train sectors are expected to experience significant growth. These are improved railroad train varieties that operate faster than other trains. To complete quickly, they combine a set of dedicated tracks with a specific arrangement of moving goods.

The development of the high-speed rail/bullet train segment is likely to increase, supporting the growth of the locomotive wiring harness market, due to its accuracy and capacity to quickly cover large geographic areas.

Most Rapidly Expanding Market: Asia-Pacific

Both developed and emerging economies are present in the Asia-Pacific region. The locomotive wiring harness market in these nations is anticipated to be driven by new rail projects for the replacement and maintenance of the current fleet as well as for urban passenger transit.

Asia-Pacific is predicted to experience the fastest development in the autonomous train market and has one of the largest rail networks globally. India, China, and Japan are among the nations with the longest rail lines.

Additionally, public transit is well-liked in many nations, particularly in India, where many people use the metro for everyday commuting. Due to this, the railway system is crucial to the economic growth of the Asia-Pacific region.

Key Takeaways

The German market share for locomotive wiring harness is 4.2% through 2033.
The market share of United States for locomotive wiring harness is 16.9% during the forecast period.
The Japanese locomotive wiring harness market share is 5.7% for the forecast period of 2023-2033.
The market share of Australia for locomotive wiring harness is 2.6% during the forecast period.
The Chinese market CAGR for locomotive wiring harness is 4.4% during the forecast period.
The market CAGR for India is 5.5% for the forecast period of 2023-2033.
The United Kingdom’s market CAGR for locomotive wiring harness is 2.3% through 2033.
Competitive Landscape:

Few companies dominate the market for locomotive wiring harness, including Hitachi Metals Inc., Schleuniger, TE Connectivity, Prysmian Group, and Samvardhana Motherson. Furkawa Electric, Komachine Co., NAC Corporation, APAR, and LECS (Lakshmi Electrical Control System Ltd) are among the other firms trailing the market's expansion.

Recent Development

Purchase
Motherson purchased the electrical wiring division of Bombardier in Huehuetoca, Mexico, in May 2021. The company has stated that it is going to purchase this asset for $10 million in September 2020 through its subsidiary Motherson Rolling Stocks (MRS).

Key Segments

By Component:

Wire
Connector
Terminal
Others
By Material Type:

Aluminum
Copper
Others
By Voltage:

Low Voltage (Up to 1000V)
Medium Voltage (1000V to 25kV)
High Voltage (25kV to 230 kV)
By Train Type:

Metro Rail Transit/Monorail
Light Rail Transit
High-Speed Rail/Bullet Rail

According to FMI reports, the global hydrogen trucks is expected to grow by nearly US$ 3.84 Bn by 2023. This is with a substantial and impressive CAGR of 41% expected over the forecast period, which is projected to reach over US$ 119.18 Bn by the year 2033.

Key Takeaways from the Hydrogen Trucks Market Study

North America dominates the market for hydrogen trucks.
The hydrogen trucks are expected to increase at a notable CAGR of 41%.
Asia Pacific region is expected to grow at the fastest rate with an increased revenue share.
Hydrogen fuel cell forklifts have become more popular as people increase awareness regarding environmental issues, government initiatives, and increasing concern about cost-effectiveness.
Each of these factors is anticipated to have a sizable impact on the market for hydrogen trucks throughout the projected period. This is due to the fact that hydrogen trucks can completely remove all carbon dioxide and other dangerous pollutants from the atmosphere, helping to preserve the environment.

The global market is impacted by a number of variables, including environmental concerns, government initiatives for hydrogen fuel cell infrastructure, a large initial investment in infrastructure, technological breakthroughs, and future possibilities.

The popularity of hydrogen trucks may rise as people become more aware of the negative impacts of traffic congestion, air pollution, and greenhouse gas emissions. This is because they are more environmentally friendly than other types of conventional vehicles.

For more information:
https://www.futuremarketinsights.com/reports/hydrogen-trucks-market

Competitive Landscape for the Hydrogen Trucks Market

Various producers and service providers occupy considerable shares of the global market, including Anglo American Platinum Ltd. and Ares Motor Works. The companies have been successful in acquiring new and long-term contracts from different countries over the years.

Cellcentric GmbH & Co. KG, Dongfeng Motor Corporation, Esoro AG, Beiqi Foton Motor, Cummins Inc., H2X Global, Hyundai Motor Company, Hyzon Motors, Jaguar Land Rover Automotive, Kenworth Trucks, Paccar, Nikola Corporation and others, the market is growing and establishing a strong global presence.

Recent Developments in the Hydrogen Trucks Market

Together, Hyzon and ORTEN's complementary product lines, as well as ORTEN's body and powertrain kits, offer customers a complete solution for making their fleets zero-emission. Moreover, ORTEN's management maintains extensive and permanent contact with customers throughout Germany.
An investment of $2.3 million will be made in the Alberta Zero-Emissions Truck Electrification Collaboration (AZTEC) project by the Jr. Minister of natural resources, Seamus O Regan. A consortium of project partners, including the Hydrogen Technology and Energy Corporation, Bison Transport, and Canadian Energy Systems Analysis Research, led this project.
Hydrogen Trucks Market by Category

By Product, the Hydrogen Trucks Market is Segmented as:

Heavy Duty trucks
Medium Duty Trucks
Small Duty Trucks
By Application, the Hydrogen Trucks Market is Segmented as:

Logistics
Municipal
By Range, the Hydrogen Trucks Market is Segmented as:

Above 400 Km
Below 400 Km

The global zero emission vehicle market is valued at US$ 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of US$ 2,384.66 billion by 2033.

Key Takeaways:

The zero emission vehicle market is projected to grow at a CAGR of 25.4% during the period 2023-2033.
The market is valued at US$ 248 billion as on 2023.
The market is expected to reach a valuation of US$ 2,384.66 billion by 2033.
North America region is currently the largest market, and has a market share of around 42%.
USA is currently the largest market in North America market, with a share of nearly 58%.
Asia Pacific currently has a market share of 30%, and is expected to be the fastest growing market during the forecast period.
The South Korea zero emission vehicle market is currently driven by key players who are investing in the R&D aspect of the business.
The Japan market is expected to show a considerable growth owing to the subsidies provided by the government.
Europe currently has a market share of 21%, and is expected to be one of the most crucial markets.
Based on the application, the commercial vehicle segment had the highest market share of nearly 50% in 2022.
By price, the mid-price segment had the largest market share of around 73%.
One of the key factors that has led to an increase in the demand for zero emission vehicle is the fact that these do not emit harmful gases. Thus, the governments worldwide have started incentivising consumers who make use of the zero emission vehicles.

Apart from that, the noise generated by the zero emission vehicles is much less as compared to traditional fuel-based cars, which might as well increase their sales during the forecast period.

Moreover, a lot of zero emission vehicles run on electricity, which is a renewable source of energy, unlike the fuel-based vehicles, which are typically non-renewable source of energy. Therefore, the manufacturers are of the view that the production of electricity of much easier as compared to fuels, which takes millions of years in order to form.
Apart from that, the automobile manufacturers who were into manufacturing fuel-based vehicles are gradually transitioning towards zero emission vehicles. Furthermore, the manufacturers are also carrying out intense marketing campaigns to convey the benefits of these vehicle, which would have a positive impact on zero emission vehicle adoption trends.

For more information:
https://www.futuremarketinsights.com/reports/zero-emission-vehicle-market

Furthermore, on comparing with the fuel-based cars, the operational cost of zero emission vehicle is almost one-tenth the price of the fuel-based counterparts. This might as well increase the market share of zero emission vehicle.

Thus, from the insights provided by FMI researchers, it can be concluded that “the ability to contain air and noise pollution, coupled with increasing government initiatives to tackle pollution, and a number of other factors are expected to surge the zero emission vehicle market growth during the forecast period.”

Competitive Landscape

The key players in the zero emission vehicle market are investing huge amounts in the process of mergers and acquisitions. This is done in an effort to lay more emphasis on knowledge sharing and technology sharing. Apart from that, the focus is also on expanding the footprints in order to garner a huge market share.

Some of the recent developments in the zero emission vehicle market are:

In March 2022, Kia Carens received an overwhelming response, and crossed 50,000 mark.
In December 2022, BMW commenced the production of small-series hydrogen powered model.
Key Companies Profiled

Fiat
Hyundai
BMW
Kia
Chevrolet
Toyota
BYD
Tesla
Nissan
Volkswagen
Zero Emission Vehicle Market Segmentation

By Vehicle Type:

Battery Electric Vehicle,
Plug-in Hybrid Electric Vehicle,
Fuel Cell Electric Vehicle
By Application:

Commercial Vehicle,
Passenger Vehicle,
Two Wheelers
By Price:

Mid-Priced,
Luxury
By Vehicle Drive Type:

Front Wheel Drive,
Rear Wheel Drive,
All Wheel Drive
By Top Speed:

Less Than 100 MPH,
100 to 125 MPH,
More Than 125 MPH
By Source of Power:

Gasoline,
CNG,
Diesel,
Others

The hydrogen buses market is predicted to grow at an astronomical CAGR of 67% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 8.45 Bn in 2023 to US$ 1426.68 Bn by 2033.

Growing Significance of Eco-friendly Mobility Presents Opportunities for Hydrogen Buses Operators

Companies operating in the hydrogen buses market are launching new models of hydrogen buses, keeping in mind their practicality and relevancy. Additionally, active measures to develop infrastructure for hydrogen fuel cell busare is projected to create favourable market conditions for the industry players in the near future. The increasing efforts to commercialize hydrogen fuel cell buses, especially in Europe, is expected to raise the operation of hydrogen buses.

The market for hydrogen buses is primarily being boosted by surging concerns over depleting natural resources and degrading environmental conditions. This has propelled the introduction of technologies that encourage the concept of eco-friendly transportation means to sustain the ecosystem.

Additionally, the increase in the number of people perturbed by the harmful effects of air pollution, rising levels of traffic as well as GHG emissions are accelerating the adoption of hydrogen fuel cell buses. These buses, unlike conventional modes of transportation like gasoline and diesel-powered vehicles, are eco-friendly in nature and offer a sustainable transport option.

The market is witnessing significant impacts of technological upgrades taking place in hydrogen-powered vehicles, which is widening the scope of hydrogen-powered buses for the forecast period. The hydrogen-backed buses market is predicted to enjoy several opportunities to realize its potential over the anticipated time period. Further, the increasing investments in the infrastructure for hydrogen fuel cell buses and their related charging stations are projected to incite market development in the coming years.

In the U.S., California provided funds for the production of 100 refuelling stations for hydrogen-powered vehicles to achieve its goal of 1.5 Mn zero-emission Automotives by 2025 end. Similar policies deployed by several governments across the globe to encourage environmental health and safety is expected to facilitate the adoption of hydrogen buses over the forecast period.

For more information:
https://www.futuremarketinsights.com/reports/hydrogen-buses-market
Key Takeaways from the Hydrogen Buses Industry

German hydrogen buses market is projected to substantially contribute towards Europe’s leading position on a global scale. The rising influx of hydrogen fuel cell buses in the country is accelerating the transition towards the green economy.
The North American hydrogen buses market holds a significant market share. Rising initiatives by private companies and government bodies to foster the growth of emission-free vehicles in the region are propelling the market development of hydrogen-powered buses.
In emerging countries like India, the escalating pollution levels and growing concerns related to health issues caused by the inhalation of polluted air are driving the demand for hydrogen buses.
In China, the Beijing Winter Olympics 2022 witnessed the circulation of 800+ hydrogen fuel cell buses. The rising production and sales of hydrogen buses in the country are predicted to catalyze market growth.
The increasing operation of eco-friendly hydrogen-powered buses in South Korea is stimulating market growth in the country. Additionally, the rising government initiatives to promote the adoption of hydrogen buses are also enhancing the market scope of these buses.
Following companies provide hydrogen buses in the market, as identified by FMI:

Tata Motors Limited
Thor Industries
Hyundai
Ballard Power Systems
NovaBus Corporation
New Flyer Industries Ltd
EvoBus
New Flyer
Hino Motors Ltd.
SunLine Transit Agency
Hydrogen Buses Industry Segmentation by Category

By Technology:

Proton Exchange Membrane Fuel Cells
Direct Methanol Fuel Cells
Phosphoric Acid Fuel Cells
Zinc-Air Fuel Cells
Solid Oxide Fuel Cells
By Power Output:

<150 kW
150–250 kW

250 kW
By Transit Bus Models:

30-Foot Transit Buses
40-Foot Transit Buses
60-Foot Transit Buses

The global automotive connectivity is projected to register at a moderate-paced CAGR of 19% over the forecast period. The automotive connectivity market is currently valued at US$ 33.42 Bn in 2023. By 2033, demand for automotive connectivity is expected to reach a high of US$ 190.29 Bn.

Competitive Landscape

Continental AG, Robert Bosch GmbH, Harman International Industries, Inc., DENSO Corporation, Airbiquity Inc., and Visteon Corporation are the most prominent players in the automotive connectivity market. Over the projection period, the connected features of automobiles are expected to become commonplace in emerging markets like China, India, etc., where original equipment manufacturers (OEMs) have begun including such technologies in their newest models.

The demand for automotive connectivity is anticipated to rise as a result of factors like the introduction of strict safety standards, the rising popularity of high-end luxury vehicles, the advent of 5G infrastructure, autonomous vehicles, and the increasing prevalence of integrated connectivity.

Connected Car Industry is headed by the Installation of Cybersecurity Systems

One important automotive connectivity market trend is the increasing incorporation of cybersecurity solutions into automotive safety systems. Data has emerged as an increasingly important part of the automotive sector in recent years. When driving a "connected" vehicle, the user's smartphone is integrated with the car's infotainment system. There is a significant chance that the user's data, which may include personal and financial data, will be compromised. Google and Apple, two of the biggest names in tech, are working on cybersecurity software for cars to stop data theft. These apps are simple to use, keep tabs on the safety of the car, and alert the owner if an unauthorized person attempts to access the system from another device. For instance, DENSO collaborated with Dellfer on the creation of the ZeroDayGaurd 1.0 cybersecurity solution for the automotive industry.

For more information:
https://www.futuremarketinsights.com/reports/automotive-connectivity-market
Key Takeaways

Market analysts believe that the driver assistance subsector would grow at the highest rate during the next few years.
During the foreseen time frame, the 5G sub segment is expected to generate the most revenue. In order to improve the connectivity between vehicles and external devices, several telecommunications firms are working on the next-generation 5G networks.
The automotive connectivity market is predicted to improve as a result of a rise in demand for lightweight suspension systems and the development of innovative suspension systems.
Automotive manufacturer partnerships that showcase the benefits of connected parking are likely to accelerate its widespread adoption.
Recent Developments in the automotive connectivity market include:

The London Electric Vehicle Company (LEVC) and Geotab, the industry leader in the Internet of Things and linked transportation, announced a new agreement in May 2022 to equip LEVC's electric TX taxi and VN5 van with cutting-edge fleet management technology.

For the purpose of creating a connected vehicle platform, Robert Bosch GmbH partnered with Mahindra & Mahindra in August 2021. This collaboration will aid in expanding and improving the logistics connectivity platform.

Ford Motor Company and Google struck a strategic collaboration agreement in February of 2021 to collaborate on the creation of new automotive connectivity service software. This collaboration will benefit Ford Motor Company's connected car division.

Key Segments in the Automotive Connectivity Market

Technology:

3G
4G/LTE
5G
Connectivity:

Integrated
Embedded
Tethered
End-Users:

Original Equipment Manufacturer (OEMs)
Aftermarket

The automotive fasteners market is anticipated to obtain growth at an average CAGR of 6% and is forecasted to reach a valuation of USD 47,174.7 Mn by 2032, while it holds a revenue of USD 26,342.1 Mn in 2022.

In recent times, companies around the world have invested capital in technology research and development units to help them enhance the productivity of multiple machines.

End customers are drawn to utilise these fasteners because of their industry-specific designs and forms and use in automotive fasteners. Automotive fastener sales are being driven by an expanding range of industries and their use in housing, door panels, and other car components.

The global market for automotive fasteners is being driven by a variety of factors, including changing customer demands for intelligent vehicles, increased disposable income, and increasing adoption of cutting-edge technology in automobiles.

The need for lighter automotive components in automobiles is anticipated to increase as lightweight vehicles become more popular around the world. Lightweight components are crucial for improving both the performance and fuel efficiency of automobiles.

For more information:

https://www.futuremarketinsights.com/reports/automotive-fasteners-market

Key Takeaways from Market Study

Europe holds the biggest market space for the automotive fasteners market and is anticipated to hold its ground during the forecast period, with 26% of the share attributed to the sales of commercial vehicles such as passenger cars and electric buses.
North America has the second largest space in the global automotive fasteners market, while its growth is owing to advancements in electric vehicle and their higher adoption with a 16% global share.
The automobile companies such as General Motors and Ford are making the USA a significant country in the region of North America.
“The future for the market looks promising for lightweight vehicle adoption that use lighter automotive components in vehicles including automotive fasteners. These fasteners increase the performance of vehicles such as lightweight parts, and fuel efficiency. The rise of electronic vehicles has also pushed the demand for automotive fasteners that require fitting ensuring the use of sustainable and environmentally friendly electric vehicles. The technical developments to enhance the quality and durability of the automotive components and products. ” says a Future Market Insights analyst while discussing the future of the market.

Competitive Landscape:

The automotive fasteners market is fragmented by the key players that help to develop the market all around the globe during the forecast period. These players are showing their efforts and focus on increasing the automotive fasteners’ market share. The key players are using various tricks and marketing terms to acquire the lion’s share in the automotive fasteners market size.

Key Companies Profiled

Permanent Technologies, Inc.
Phillips screw company
Westfield Fasteners Limited
com Inc.
Atotech Deutschland GmbH
Stanley Engineered Fastening
PennEngineering
Shanghai Tianbao Fastener Manufacturing Co., Ltd.
Jiangsu Xing Chang Jiang International Co., Ltd.
Shamrock International Fasteners
Birmingham Fastener, Inc.
Sundram Fasteners Limited
Key Segments in The Automotive Fasteners Market

By Material:

Iron
Aluminum
Brass
Nickel
Stainless steel
Plastic
By Characteristics:

Removable
Semi-permanent
Permanent
By Types:

Threaded
Nuts
Screws
Rivets
Studs
Non threaded
Snap rings
Clips
By Coating:

Passivated coating
Cadmium coating
Dry film lube coating
By Distribution Channel:

OEM (Original Equipment Manufacturers)
Aftermarket
Recent Market Development

The Amphenol Corporation and Illinois Tool Works companies announced an agreement that ITW acquire the MTS corporation system test with the closing of the acquisition of Amphenol.
Atotech Deutschland GmbH has announced the acquisition of J-KEM International (“J-KEM”) company, which is based in Rosersberg, Sweden. J-KEM is a leading global supplier of high-quality chemical products and processes that are used for the printed circuit board and general metal finishing industries. J-KEM’s customer relationships and strong technology have helped Atotech to expand its market and drive its growth soon.
Bulten AB launched its new industry in China to increase the supply chain. The company is likely to develop in-house forming, surface treatment, and heat treatment processes to produce high-quality fasteners in the country.