Wire Harness Market Technological Innovations and Future Opportunities 2027

• Wire harness is closely packaged wires and data circuits that function as the central structure of a vehicle.
• Manufacturers are producing automobiles equipped with various electronics and electronic systems to ensure security and basic functions of wire harness such as going, turning, and stopping, as well as provide convenience and comfort. This system operates using control signals running on electrical power supplied from the battery.
• The wire harness is the channel for the transmission of these signals and electrical power.

Wire Harness Market Dynamics

• The rapid growth in demand for hybrid and electric vehicles has significantly contributed to the growth of the wire harness market.
• Increasing production and sale of vehicles, and trend of integrating advanced features in the vehicles fuels the demand for wire harnesses, thus encouraging the growth of the market.

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• Moreover, growing trend of electrification of vehicles and rising emphasis on safety solutions of vehicles are major factors driving the growth of the market.
• Governments and consumers are showing keen interest on safety solutions of electric vehicles due to increasing number of accidents across countries. This in turn is expected to boost the adoption rate of wire harness, thus encouraging the growth of the market.
• However, durability and reliability issues associated with incorporation of wire harness in electric vehicles is expected to limit the growth of the market in the upcoming years.

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Automotive Camera Cleaning System Market Demand & Future Scope Including Top Players

According to the report, the global automotive camera cleaning system market is projected to witness major expansion, owing to dirty cameras, which has prompted automakers to adopt camera cleaning systems for externally mounted cameras.

Increased reliance of automotive safety features on cameras and 360o view cameras is anticipated to propel the automotive camera cleaning system market at an exponential growth rate during the forecast period. Moreover, rise in per capita income is anticipated to positively impact the automotive camera cleaning system market, as investment in luxury and leisure is expected to rise, which ultimately increases the demand for premium and luxury vehicles incorporated with advanced safety systems, including automotive camera cleaning systems.

Automotive Camera Cleaning System Market: Dynamics

Rising safety concerns and fatality rate over the last few years is likely to fuel the demand for higher integration of automotive camera cleaning systems in vehicles in order to lower the risk of road accidents, which, in turn, is likely to drive the automotive camera cleaning system during the forecast period.

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Regulations for backup camera implemented in the U.S. are only for light vehicles, and the same regulations are anticipated to be adopted in Europe by 2021, as already proposed by the EU Commission. This, in turn, is anticipated to boost the market for backup cameras and consequently, the market for camera cleaning systems.

Automotive Camera Cleaning System Market: Key Segments

Based on vehicle type, passenger vehicle was a highly attractive segment, and is anticipated to hold a leading share of the automotive camera cleaning system market, owing to the presence of camera cleaning system in a large number of passenger vehicles, while the system is present in a few light commercial vehicles in specific regions.

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Automotive Cockpit Controller Market Global Outlook on Key Growth Trends, Factors

• A cockpit controller is a new type of automotive control unit that mergers the visual interaction between the vehicle and the driver. The cockpit controller consists of infotainment display which includes navigation system, audio controller, Air conditioner etc., cockpit controller are provided with software which has different functions that provides entertainment and infotainment applications, safety information to the driver.
• Cockpit controller is integrated with software, which provides the information of various vehicle systems including engine crank rotation, vehicle speed. Cockpit controller has instrument cluster that offers information from the various vehicle system and displays that information digitally on the display. Cockpit controller not only provides drive comfort, it also enhances the appearance of the interior of the vehicle.

Key drivers of Automotive Cockpit Controller Market

• Increase in demand for electronic systems in a vehicle is projected to boost the cockpit controller market. Cockpit is an integral part of a vehicle and offers the driver the benefit to control multiple vehicle functions. In terms of safety, the cockpit controller provides a warning alert before vehicle collision or emergency braking.
• Currently, modern mobile phones with touchscreens have been integrated with In-vehicle information technology. Various vehicle manufacturers are trying to develop modern infotainment system in standard center display. Some premium vehicles offers the display with latest smartphone application integration. This technology is expected to boost the automotive cockpit controller market.
• Major vehicle manufacturing industries are offering advance driver assist systems, automotive vehicle system which are integrated with high safety features that provides comfort to the passenger. Advance driver assist system is expected to become mandatory in the near future.

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North America to hold prominent share of automotive cockpit controller market

• In terms of region, North America held a notable share of the global automotive cockpit controller market. Major Tier 1 suppliers, including Harman and Autoliv Inc., have presence in North America, which is projected to play a key role to boost automotive cockpit controller market. Moreover, Asia Pacific dominates the global automotive controller market, which consist of significant number of vehicle manufacturers.
• America is dominating various research and developments across the globe which consist of major technologies including Advance driver assist system, Autonomous vehicle =will definitely boost the automotive cockpit controller market. Various agreements between the United States and Asia, Between Europe and Asia that helps propel the automotive cockpit controller market. Increase in consumer living standard and rise in income of people in North America is likely to drive the automotive cockpit controller market in the region.

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Here is Why 2020 Could Be Another Big Year for Global Automotive Smart Gear Actuator Market

• Increasing demand for transmission systems and their components that enable to enhance the fuel economy of the vehicle is anticipated to drive the global market for smart gear actuators. Automated manual transmission (AMT) systems incorporate smart gear actuators. These actuators enable the vehicle driver to shift the vehicle mode from automatic to manual and vice versa.
• The smart gear actuator, or electronic actuator, is designed as a device for transmission. Moreover, a smart gear actuator can also function as a clutch actuator for an AMT system and a pump actuator for transmission of lubrication to facilitate cooling operations in a vehicle.
• A smart gear actuator has a wide range of applications including actuator for an electric motor for electric vehicle (EV) to start and stop the EV. The smart gear actuator can be easily customized to meet diverse customer requirements.

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Key drivers of global automotive smart gear actuator market

• Stringent regulations are mandating vehicle makers to embed their vehicles with the technological solutions in order to boost vehicle economy, which is attributed to the expansion of the automotive smart gear market, globally. Automated drive technologies, variable torque transmission systems, and automated continuously variable transmission systems, which incorporate the smart gear actuator, are being increasingly adopted in passenger as well as commercial vehicles. These technologies increase fuel economy as the time required for manually operating a gear is reduced considerably, which in turn reduces fuel consumption.
• Increasing preference for automated manual transmission (AMT) systems among consumers is propelling the smart gear actuator market globally. The AMT system consists of a clutch actuator assembly, a gear shift actuator assembly, and a gearbox ECU. The ECU utilizes information collected form gear actuators to determine which/ when the next gear change should take place. After ECU has determined the need for change of gear, it engage/ dis-engage the clutch to facilitate changing of the gear. All this operation is done automatically when vehicle in driving in automated transmission mode. Therefore, rise in demand for smart gear actuator is attributed to its increasing use in AMT systems. This, in turn, is driving the market for automotive smart gear actuator market.

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Intelligent Transport System Market Strategics Assessment 2027

• The global intelligent transportation system market is anticipated to expand at a CAGR of 12.9% between 2019 and 2027
• Intelligent transportation system (ITS) is majorly preferred for traffic management. Therefore, the traffic management segment held a major share of the market, as it presently has higher penetration. It accounted for 30.80% share of the market in 2018; however, the other segments are expected to challenge this segment during the forecast period.
• Advanced Traffic Management System (ATMS) was a major segment of the intelligent transportation system market, and it held 40.22% share of the global intelligent transportation system market in 2018.

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Key Drivers and Restraints of Global Intelligent Transport System Market

• Wireless technologies employed in the intelligent transportation system are evolving consistently to improve the interoperability and reliability of transportation networks. Wireless communication technologies are improving regularly to boost the application of intelligent transportation system, irrespective of the distance traveled by the vehicle.
• Demand for intelligent transportation system is increasing due to a rise in the number of vehicles on roads, which are facing increasing issues such as heavy traffic and accidents. Consequently, governments of various countries are adopting the intelligent transportation system to reduce the impact of such problems. These are the key factors driving the intelligent transportation system market.
• Wireless communication technologies are used for diverse applications in the intelligent transportation system including electronic toll charging (ETC), vehicle navigation systems, and other advanced traveler information systems.
• A new technology introduced was the 5.9 MHz DSRC system, which can be used to improve the performance and efficiency of toll systems on highways. Europe has incorporated the ETC technology on its highways.

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Aircraft Seat Actuation Systems Market by Latest Trends, Growth Factors, Key Players and Forecasts 2027

Transparency Market Research has published a new report titled, “Global Aircraft Seat Actuation Systems Market (Application: Economy Class, Economy Plus Class, Business Class, and First Class; Mechanism: Linear and Rotary; Actuator Type: Electromechanical and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global aircraft seat actuation systems market is projected to surpass US$ 380 Mn by 2027, expanding at a CAGR of ~13% during the forecast period.

According to the report, the global aircraft seat actuation systems market is expected to expand at a CAGR of 13%, owing to increased air travel. North America & Europe, together, dominate the aircraft seat actuation systems market. Key countries in the global aircraft seat actuation systems market are the U.S., the U.K., Germany, China, and Japan. The aircraft seat actuation systems market is expected to witness significant expansion in Asia Pacific during the forecast period.

Expansion of Aircraft Seat Actuation Systems Market

The aircraft seat actuation systems market is primarily driven by an increase in air travel globally. Furthermore, commercial airlines are upgrading their seating arrangements in order to provide better travel experience through comfort and maintaining their price in order to attract travelers. Moreover, increased demand for air travel is boosting sales of aircraft, which in turn is driving the demand for aircraft seat actuation systems.

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Rising disposable income in developed countries has increased air travel for business and travel purposes, which in turn is projected to further propel the aircraft seat actuation systems market. Low cost carriers have gained popularity among consumers. These airlines have lower fares and fewer comforts. Moreover, Asia Pacific is witnessing a rise in the demand for low cost carriers due to the low airfares and short trips offered by these carries. Cost effectiveness of low cost carriers is hindering the market.

In terms of mechanism, the linear actuators segment held nearly 60% share of the global market in 2018. Linear actuators are extensively utilized in aircraft seat actuation systems, as a majority of functions involved are linear in nature. Linear actuators are primarily used to help passengers adjust their seats as per their comfort. Linear actuators occupy less space and hence, they are favored in seat actuation systems.

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Footwear Market Overview with Detailed Analysis, Competitive Landscape and Forecast to 2027

Transparency Market Research has published report on the global footwear market. The market is expected to grow at a pace of 3.0% growth rate during the forecast period of 2019 to 2027. With this steady rate of growth the valuation of the market will jump from US$ 235711 Mn in 2018 to US$ 307549.5 Mn by 2027. Based on the type of footwear, non-athletic footwear segment has been a dominant one in the global footwear market.

Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Some of the leading companies in the market have had significant share in the market. A few global brands in the footwear market include names such as Nike Inc., Adidas AG, Bata Limited, Puma SE, Asics Corp., Jack Wolfskin, The Aldo Group Inc., VF Corp, Kathmandu Holdings Limited, Columbia Sportswear Company, Sympatex Technologies, and WL Gore & Associates Inc. among others.

Companies are opting for mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

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On the basis of region, the global footwear market is divided into five key regions viz. North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Asia Pacific dominates the global footwear market. Increasing spending power, urbanization, and influence of latest fashion trends are some of the key reasons behind the growth of the footwear market in the Asia Pacific region.

In terms of geography, the footwear market is divided in this report into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds a major market of footwear in terms of value in the year 2018. The market of Asia Pacific is projected to expand at a significant growth rate in the forecasted timeline.

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