Audi AID and Luminar Enter into Collaboration

Luminar announced its partnership with Autonomous Intelligent Driving (AID), a subsidiary of Audi to launch self-driving cars by 2021

Germany: Audi AID announced its collaboration with lidar maker, Luminar, to provide forward-facing high fidelity & long-range LiDAR technology and accelerate plans towards AID’s first fully autonomous deployments in 2021. AID is the self-driving technology supplier for the Volkswagen group, including Audi, Porsche and VW. AID uses proprietary software and deep machine learning-based approaches and has already started testing its fleet in Munich with Luminar sensors.

CTO of AID stated “The aim of the company is to work with the best brands within the industry to accelerate the vision that will be realized across the entire VW Group. Perception remains a bottleneck today for autonomous mobility and the company quickly worked to find the most powerful sensors to make the perception task easier. That’s where Luminar comes in as the technology is clearly above the pack in terms of range and density, which is important for solving the most challenging problems in autonomy.”

CEO of Luminar further added that “AID is an ideal partner for Luminar with the backing and resources of the world’s largest OEM, while maintaining a fresh software-minded spirit of a high-growth startup. Together, our teams are able to achieve rapid development with an agile, hands-on approach - combining hardware and software expertise to enable autonomous mobility service by 2021. According to TechSci Research, the partnership between Luminar and AID will assist in the development of autonomous mobility technologies. The procurement will provide AID unit of the Audi with forward-facing lidar hardware, which will be used to improve the system's navigation capabilities.”

According to the recently published report by TechSci Research, “Global Semi & Fully Autonomous Vehicle Market, By Automation Level (Level 0, Level 1 & Others), By Component (Embedded Systems, Cameras & Others), By Vehicle Type, By Region, Competition Forecast & Opportunities, 2016–2030”, the global semi & fully autonomous vehicle market is projected to exhibit a CAGR of over 21% to reach $ 64 billion by 2030. Growing focus of automotive OEMs on enhancing safety features and increasing government support for developing driverless vehicles are the major factors anticipated to aid the growth of global semi & fully autonomous vehicle market during the forecast period. Moreover, foray of technology giants such as Google and Intel, among others, in autonomous vehicle market, is further encouraging adoption of autonomous vehicles, thereby positively influencing the global semi & fully autonomous vehicle market.

According to another TechSci Research report, “Europe Semi & Fully Autonomous Vehicle Market, By Automation Level (L0, L1, L2, L3 & L4/L5), By Component (Embedded System, Camera, etc.), By Vehicle Type (Passenger Car & Commercial Vehicle), By Country, Competition Forecast & Opportunities, 2016-2030”, Europe semi & fully autonomous vehicle market stood at $ 1.1 billion in 2016 and is projected to reach $ 16 billion by 2030. Anticipated growth of the market is led by growing government support for developing driverless vehicles to ensure safe driving. Moreover, over the last few years, automobile manufacturers have been constantly focusing on enhancing the safety features in the vehicles, which is further anticipated to positively influence Europe semi & fully autonomous vehicle market in the coming years. Additionally, growing interests of technology giants such as Google, Intel, etc., is encouraging companies worldwide to focus on the concept of autonomous vehicles. Furthermore, increasing research & development in self-driving concept is anticipated to fuel growth in the market in the coming years.

According to the recently published report by TechSci Research, “Global Autonomous Car Technology Market, Forecast and Opportunities, 2035”, the global autonomous car technology market is currently dominated by ADAS segment, which is expected to maintain its dominance over the next decade as well. The dominance of this segment can be attributed to anticipated increase in government regulations pertaining to integration of ADAS technologies in passenger cars. Region-wise, North America has emerged as the largest contributor in the market for autonomous car technology, followed by Europe, Asia-Pacific (APAC) and Middle East North Africa (MENA).

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Saudi Arabia Commercial Vehicles Market to Grow at 9% till 2021

According to “Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021”, the market for commercial vehicles in Saudi Arabia is projected to grow at a CAGR of over 9% during 2016 – 2021, on account of robust infrastructural developments coupled with growing logistics requirements arising from construction and MSME sectors. Moreover, increasing number of smart city projects and growing population coupled with growing government’s focus on promoting energy efficiency are some of the other major factors anticipated to positively influence the Saudi Arabia commercial vehicles market over the next five years.

Browse 7 market data Tables and 33 Figures spread through 145 Pages and an in-depth TOC on "Saudi Arabia Commercial Vehicles Market"

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On the basis of vehicle type, the market of commercial vehicles in Saudi Arabia has been segmented into four categories, namely, Buses, Light Commercial Vehicle (LCV), Medium Commercial Vehicle (MCV) and Heavy Commercial Vehicle (HCV). Among these categories, LCV segment dominated the country’s commercial vehicles market in 2015, and the same trend is anticipated to continue over the next five years as well. However, in terms of growth, the bus segment is forecast to outpace LCV segment during 2016-2021.

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Tourism industry in Saudi Arabia is cyclical and is largely restricted to religious pilgrimage. In August 2015, for over 200,000 pilgrims arrived in Jeddah and Medina, and approximately 17,700 buses were deployed for these pilgrims. In order to address increasing transportation needs to accommodate the huge number of pilgrims during Hajj, the Saudi Arabian government is importing new buses with advanced technology that can be operated even in harsh climatic conditions, consequently aiding the country’s commercial vehicles market.

“In order to accommodate growing vehicle fleet demand of the Kingdom, Saudi Arabia General Investment Authority (SAGIA) plans to increase investments towards strengthening and expanding the country’s road infrastructure. As per the 9th Five Year Plan, which was introduced in 2010, the Ministry of Economy and Planning announced an overall spending of about USD27.06 billion for improving and expanding the country’s road infrastructure. These developments are anticipated to drive sales of commercial vehicles market during next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Saudi Arabia Commercial Vehicles Market Forecast & Opportunities, 2021” has evaluated the future growth potential of Saudi Arabia commercial vehicles market and provides statistics and information on market size, share, trends & forecasts for commercial vehicles in Saudi Arabia. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in Saudi Arabia commercial vehicles market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Embedded Systems- The Heart of Automotive Market

Insights à Blogs à Automotive

If vehicles are safe, efficient and comfortable, it is all because of automotive embedded systems and electronics.

What is an Embedded System?

“Any sort of device which includes a programmable computer but itself is not intended to be a general-purpose computer” –Marilyn Wolf Electronic innovation has made extraordinary steps and these days the nature of electronic parts—execution, power, and unwavering quality—empowers utilizing them notwithstanding for basic frameworks. In the meantime, the diminishing expense of electronic innovation permits them to be utilized to support any function in a car. The different type of microcontrollers used in embedded systems are:

• 8-bit or 16-bit Microcontroller
• Serial and Parallel Input-Output
• Analog to Digital and Digital to Analog Conversions
• Flash Memory and PROM
• Signal generators and Timers       

Why automotive embedded system is in a great demand? 

Growing vehicles sales

An extensive range of industries are involved in the designing, development and selling automobiles. Every year the sales and production of vehicles are increasing globally due to growing demand of consumers. Every vehicle manufactured in equipped with embedded system, this will drive the Global Automotive Embedded System Market. 

The most commonly used embedded system in a vehicle include adaptive cruise control, airbag, telematics, traction control, in-vehicle entertainment system, emission control system, parking system, navigation systems, collision sensors, climate control, radio, anti-lock braking system etc.

         

Increasing Focus on Vehicle Safety Features

The demand for safety features in vehicles has been incorporated by different companies based on the requirement by the end user and further motivated by the regulations imposed the regulatory bodies. During recent years, the number of traffic fatalities has come down throughout the developed economies. These number are becoming stagnant and the whole credit goes to widespread use of safety systems. To include safety feature in the vehicles, OEM’s are focusing on technological advancements which includes many sensors and advanced technical systems in the vehicle. To inbuilt all the sensor and technical features in vehicle the need of embedded system arises. These technological advancements are further fuelling the global automotive embedded system market.

Major example of active safety system could be recognised as pedestrian recognition, adaptive speed control, blind spot detection, lateral collision warning, cooperative lane changing indication, merging assistance, car breakdown warning, integrated car safety, etc. These features are anticipated to minimize the accident and accident related deaths. This is one of the major reason for the growth in the demand for embedded system market globally.

Increasing demand of automation

As the demand for safety and security of drivers and passengers along the roadside is increasing, the demand for connected car devices is also soaring globally. The connected car devices are also considered helpful in analysing accidents and breakdown data to provide valuable inputs both to car makers and road infrastructure designer and designer. Moreover, projects such as GALILEO, EGNOS, European Emergency Call in Europe, Brazil’s SINIAV & SIMRAV, Russia’s ERA GLONASS United State’s Dynamic Speed Harmonization (SPD-HARM), Queue Warning (Q-WARN), Cooperative Adaptive Cruise Control (CACC), etc. will be enhancing the demand for connected car devices across the globe.

Growing Automotive Component Industry 

The automotive component industry stood at USD 2922 Billion and expected to increase over the next five years due to increasing production and sales of vehicles every year. Every vehicle produced require components and embedded complete devices often including hardware and mechanical parts and it controls many devices. This will boost the demand for automotive embedded system market.

Conclusion: Global Automotive Embedded System Market is expected to grow at a CAGR of over 7%, on the back of growing vehicle fleet and rise in the number of electric vehicles across the globe. The increasing demand for advanced safety and convenience systems, and rising trend of vehicle electrification in are some of the key factors fuelling the growth of Automotive Embedded System Market during the forecast period as well.

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Tire Chemicals Market to Surpass 42.5 Million Tons by 2025

According to TechSci Research report, “Global Tire Chemicals Market By Type, By Tire Category, By Region, Competition Forecast & Opportunities, 2011-2025”, the global tire chemicals market is projected to surpass 42.58 million tons by 2025, on account of growing demand for highly durable tires by passenger cars, medium & heavy commercial vehicle and OTR tires segment. In 2015, global tire demand stood at 2080 million units, and demand is expected to increase further during the forecast period, owing to increasing vehicle sales, expanding vehicle fleet size, coupled with growing demand for tires from replacement segment. In 2015, demand for passenger car stood at 1241 million, which is further forecast to reach 1659 by 2020. Moreover, demand for heavy & medium weight vehicle from across the world stood at 129 million in 2015, and is projected to to reach 165 million by 2020. Thereby, growing demand for passenger car and heavy & medium weight vehicle, coupled with rising need for high performance tires from across the world to drive global tire chemicals market during the forecast period.

Browse 6 market data Tables and 111 Figures spread through 226 Pages and an in-depth TOC on "Global Tire Chemicals Market"

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Tire chemicals are of various type that are used in tire manufacturing includes such as, natural rubber, synthetic rubber, accelerators, plasticizers, stearic acid, anti-oxidants, fillers, carbon black, synthetic textile, zinc oxide and sulphur. Among the aforementioned chemicals natural rubber and synthetic rubber accounted for highest market share in global tire chemicals market in 2015, and they are expected to continue to dominate the market in the coming years as well, owing to growing demand for tires with properties such as strong grip, resistance to abrasion, ability to carry and transport loads, etc. Asia-Pacific region dominated the tire chemicals market across the globe in 2015, and is further anticipated to maintain its dominance in the market during the forecast period, on account shifting of number of automotive manufacturing base from North America and Western Europe to Asia-Pacific region due to easy accessibility of raw material such as natural rubber and synthetic rubber in the region, coupled with low labor cost, relaxed government policies for setting up of automotive manufacturing facilities.

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“Oversupply of natural rubber and synthetic rubber by number of Asian countries in global tire chemicals market created a situation of demand deficit, thereby leading to declining prices of synthetic rubber and natural rubber, which are major raw material used in tire manufacturing. However, growing intervention by the governments of these Asian countries to keep a check on the production of tire chemicals, coupled with growing demand for better performance tires and rising fleet size vehicles to drive global tire chemicals market during the forecast period”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Tire Chemicals Market By Type, By Tire Category, By Region, Competition Forecast & Opportunities, 2011-2025” has evaluated the future growth potential of global tire chemicals market and provides statistics and information on market structure, size, share and future growth of global tire chemicals market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities in the global tire chemicals market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Tire Market in Romania to Grow at CAGR 7% till 2021

According to recently released TechSci Research report, “Romania Tire Market Forecast & Opportunities, 2021”, tire market in Romania is anticipated to grow at a CAGR of over 7% during 2016-2021. Rapid urbanization, expanding automobile fleet and growing infrastructure development have been identified as the major factors anticipated to boost demand for tires in the country over the next five years. Moreover, presence of various global tire manufacturers, such as SC Continental Automotive Products S.R.L., Michelin Romania S.A. and S.C. Pirelli Tyres Romania S.r.l., is further anticipated to boost the tire market in the country over the next five years.

Browse 22 market data Tables and 20 Figures spread through 108 Pages and an in-depth TOC on "Romania Tire Market"

http://www.techsciresearch.com/report/romania-tire-market-forecast-and-opportunities-2021/691.html

Passenger car segment is forecast to dominate the overall Romania tire market over the next five years owing to increasing purchasing power and growth in the number of nuclear families in the country. North-West & Central Region of the country accounted for the largest volume share in the country’s overall tire sales in 2015, and the same trend is anticipated to continue through 2021. Some of the major companies operating in Romania tire market are SC Continental Automotive Products S.R.L., Michelin Romania S.A., and S.C. Pirelli Tyres Romania S.r.l., among others.

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During the forecast period, automobile production in Romania is anticipated to grow at a CAGR of over 6%, thereby triggering the demand for tires. Moreover, as per the National Bank of Romania, the country received Foreign Direct Investments (FDI) worth USD360 million in 2015. Government of Romania plans to invest this FDI amount in the development of various sectors, such as construction, logistics, real estate, etc. in the country. Due to proactive government initiatives coupled with increasing automobile production, the tire market in Romania is anticipated to register healthy growth rate over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Romania Tire Market Forecast & Opportunities, 2021” has evaluated the future growth potential of tyre market in Romania, and provides statistics and information on market structure, imports and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses emerging trends along with essential drivers, challenges and opportunities available in Romania tyre market. 

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Activated Carbon Market Size Set to Cross $4.9 Billion by 2021

Increasing government regulations on pollution control along with rising use of activated carbon in desalination plants to drive demand for activated carbon through 2021

According to TechSci Research report, “Global Activated Carbon Market By Type, By Raw Material, By Application, Competition Forecast and Opportunities, 2021’’, global activated carbon market is forecast to record $ 4.9 Billion market revenues by 2021. Increasing emphasis on consumption of clean drinking water and reducing industrial air emissions is boosting demand for activated carbon. Activated carbon is used in various applications such as water treatment, food and beverages processing, industrial water and wastewater treatment, odor removal, industrial pollution control and as point of use filters in the residential sector. Some of the leading activated carbon manufacturers include Calgon Carbon, Cabot Corp, Osaka Gas, Kuraray Co., CarboTech AC, ADA Carbon and Evoqua.

Browse 22 market data Tables and 99 Figures spread through 207 Pages and an in-depth TOC on "Global Activated Carbon Market"

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During 2010-2014, global water purifiers market grew at a CAGR of around 10.7% which has been augmenting demand for activated carbon for water purification over the last few years, and a similar trend is expected to continue during the forecast period as well. As of 2015, global activated carbon market was dominated by powdered activated carbon segment, followed by granulated activated carbon. On account of its ability to eliminate micro pollutants present in waste water and cost-effectiveness compared to granular activated carbon, powdered activated carbon segment is expected to dominate the global activated market through the forecast period. Demand for powdered activated carbon is forecast to grow due to increasing number of desalination plants for supplying clean water, coupled with implementation of stringent regulations to control air pollution.

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“With implementation of various regulations such as Mercury & Air Toxics Standards, Minamata Convention, EPA Disinfectants and Disinfection By-products Rule, global air purification and water purification market is undergoing major transformations, leading to increasing use of activated carbon in waste water treatment, industrial and automotive exhaust emission control, food and beverage processing, industrial processes, etc. Also, major global activated carbon manufacturers are undergoing capacity expansions and are also increasing their focus on M&As in order to capitalize on the increasing demand for activated carbon from various end-user segments.  On account of these factors, the global activated carbon market is expected to witness a healthy growth over the next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Activated Carbon Market By Type, By Raw Material, By Application, Competition Forecast and Opportunities, 2021” has evaluated the future growth potential of activated carbon market and provides statistics and information on market size, market share and growth forecasts. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in activated carbon market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.