PARAJ AHIRE

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"Powering Sustainable Transportation: Navigating the Dynamic Landscape of the Electric Vehicle Motor Market in 2032 and Beyond"

The global electric vehicle motor market is worth US$ 8.68 Billion as of now and expected to reach US$ 18.09 Billion by the year 2032 at a CAGR of 8.5% between 2022 and 2032.

Due to severe government limitations on carbon emissions, electric vehicles are becoming more and more popular. According to the European Climate Foundation, 850K people will be employed by 2030 as the use of electric vehicles increases. Since high-performance motors are now commonly used in electric vehicles, the market for electric vehicle motors will undoubtedly reach a new "High" over the anticipated time period.

Electric motors' high initial prices and ongoing maintenance expenses would probably limit the market's future growth.

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Despite some challenges, electric vehicles are favourable in the long run. Electric vehicles are a smart choice because the supply of renewable energy sources is dwindling. Electric vehicle motor sales and the electric vehicle industry are related. In the upcoming years, the market for electric vehicle motors is anticipated to experience constant expansion due to the enormous demand for electric vehicles. In its most recent market analysis, "Electric Vehicle Motor Market," Future Market Insights presented future perspectives that etched these results.

Key Takeaways from Electric Vehicle Motor Market

North America holds the largest market share with the US alone contributing for more than 90%. This data, however, pertains to the year 2021. It could lose 162 BPS points by the year 2032, which would take its share to 89.7%.
Europe is expected to witness a CAGR of 20.1% in electric vehicle motor market in the forecast period with Germany expected to witness growth 6 times in 2032 to the year 2022. Luxury electric vehicles are expected to rule the roost.
Coming to the Asia-Pacific, China is expected to create a lucrative opportunity worth US$ 86.5 Bn between 2022 and 2032. The government has also started giving subsidies to facilitate the proliferation of electric vehicles.
AC motors holds the largest market share and the status quo will continue even in the forecast period due to stronger grip provided on the bumpy routes.
“With environmentally-friendliness being the top priority, the electric vehicle motor market is bound to grow at an astounding rate in the forecast period”, says an analyst at Future Market Insights.

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Competitive Motors

Mabuchi Motors, in June 2021, declared finishing 100% acquisition of Electromag SA for CHF 0.1 Mn or US$ 0.11 Mn.
Wolong Electric, in March 2020, did acquire small industrial motors’ business of GE for US$ 160 Mn with the objective of helping it to obtain a significant position in the market.
Nidec Corporation, in February 2020, tabled 2 novel traction motor systems; viz 50 kW Ni50Ex and 200 kW Ni200Ex based on original 150 kW E-Axle (100% integrated traction motor system encompassed with a reduction gearbox, an electric motor, and an inverter).
WEG, in October 2019, installed LV electric motor plant in Hosur (India). This new-fangled 13K square meter facility holds the capability of manufacturing 250K electric motors/year.
Allied Motion Technologies, in May 2019, came up with EnduraMax 75i Series, brushless DC motor comprising an all-digital integrated drive. The application areas include AGV vehicle traction/steering, rotary/linear actuators, medical patient-handling equipment, mobile HVAC blowers, pumps, and material handling systems.
ABB, in March 2019, floored stainless steel motors to address food and beverage plants. This motor is capable of forbearing high pressure spray with complete compatibility with the high standards.
TECO Westinghouse (Canada), in January 2018, announced entering into new distribution partnership with Westech Industrial for gaining access to uncharted and new markets all over Canada.

"Electrifying Commutes: Navigating the Dynamic Landscape of the Electric Scooters Market in 2032 and Beyond"

The global electric scooters market is valued at US$ 9.59 billion as of 2022. The market is expected to grow at a CAGR of 9% during the forecast period, and by 2032, the market is expected to reach an estimated US$ 22.7 billion.

Demand for electric scooters is anticipated to increase throughout the projected period as a result of increased fuel prices and a rise in the demand for fuel-efficient cars. In addition, governments around the world are acting to stop pollution brought on by growing urbanisation. People have started using these electric two-wheelers due to the extremely low emissions they produce, which is expected to fuel the expansion of the electric scooter market.

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Additionally, these mobility aids are effective at reducing noise pollution. Electric scooters make a lot less noise than scooters with internal combustion engines. Electric scooter sales may increase within the predicted time range as a result. A nice break, especially for office employees, is provided by some of the biggest ridesharing businesses, like Ola, which also sell affordable mobility scooters. Millennials are also very interested in buying electric scooters because of its trendy qualities including light weight, tiny storage space, and distinctive style.

Concerns concerning the market expansion of electric scooters are raised by the absence of charging stations. However, it is believed that the issue of a lack of charging stations will be resolved quickly with the anticipated increase in the adoption of these electric scooters, and we may see a lot more charging stations in the future.

Thus, from the insights provided by FMI analysts, it can be inferred that “an increase in the fuel price, coupled with increased initiatives from ruling authorities to curb air pollution, is expected to surge the growth of electric scooters market during the forecast period.”

Key Takeaways:

China electric scooters market is expected to hold a market share of nearly 80% in the Asia Pacific region during the forecast period.
China is also expected to be one of the fastest-growing markets during the forecast period.
Based on the product type, the maxi electric scooters are expected to have the highest share in the electric scooters market. Based on the battery type, the lead-based battery type is expected to have the highest electric scooters market share during the period 2022-2032.
Based on the technology, battery technology is expected to have the highest market share during the forecast period.
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Competitive Landscape:

The key players are currently investing in strategic partnerships. The reason is that they want to implement the state-of-the-art technology that has been developed by players from other industries like the semiconductor sector, electronics sector, etc. This would certainly enable them to leverage the technology in the electric scooters and assist them in delivering a seamless user experience.

Some of the recent developments in the electric scooters market are:

In July 2022, Ather announced that it planned to boost electric scooters production tenfold.
In September 2022, Yamaha opened ‘Blue Square’ premium outlet in Bhubaneswar. The outlet would offer engaging customer experience, and showcase Yamaha’s entire range of two wheelers, apparels and accessories.
Key Companies Profiled

Alta Motors, Ather Energy, BMW Motorrad International, Cezeta, Energica Motor Company, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd, ReVolt Electric Motorbikes, Xiaomi, Yamaha Motor Company Limited.

Key Segments in the Electric Scooter Market

By Product Type:

Standard
Folding
Self-Balancing
Maxi
Three-Wheeled
By Battery Type:

Li-Ion
NiMH
Lead-Based
By Technology:

Plug-In
Battery
By Region:

North America
Latin America
Europe
Asia Pacific
MEA

"Accelerating Intelligence: Navigating the Dynamic Landscape of the Artificial Intelligence (AI) in Automotive Market in 2033 and Beyond"

The Artificial Intelligence (AI) in the automotive market is anticipated to record a robust CAGR of 55% between 2023 and 2033. The market is anticipated to cross a market share of US$ 9.3 billion by 2033, while it is expected to be valued at US$ 744.39 billion in 2023.

Modern vehicles with fully autonomous and self-driving gearboxes are in great demand. The need for artificial intelligence (AI) in the automotive industry is rising as a result of the AI integration suppliers creating customised solutions.

The use of AI units coincides with the rise in popularity of EVs and hybrid vehicles, which increase operational efficiency, convenience of use, and vehicle protection thanks to features like park-guided systems.

The study and development of ADAS integration are being aided by the growing popularity of level 2 Advanced Driver Assistance Systems (ADAS) among car enthusiasts.

The new car manufacturers' OEM-based AI chips assist with a range of vehicle functions. Every component is supported by AI, including the AC, lighting, and cruise control, as well as assisted parking and autonomous driving.

The demand for artificial intelligence (AI) in the automotive industry is being fueled by both the resurgence of the auto industry and the high-end AI and machine learning setup. AI chips control the improved automated emergency braking.both the safety precautions passive and active, are designed expressly to protect against driver error.

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Key Points

The United States market is another significant market. The market growth is attributed to the presence of EV giants like Tesla, which delivers advanced AI and ML integration. The increased acceptance of autonomous and self-driving vehicles is fueling the sales of AI in the automotive
Artificial intelligence (AI) in the automotive market in China is another significant market. The growth is attributed to the expanded manufacturing units, high-end research, and advanced experimentation.
Europe with its environmental compliance adopts EVs and Hybrid Vehicles, which further fuels the demand for AI-integration prospects.
The software segment is likely to thrive in the component category due to the common application and automotive implementation. It is expected to hold a value of US$ 200 billion by 2033.
The fully autonomous segment tops the application category with an anticipated value of US$ 30 billion by 2033. The growth is attributed to the advent of self-driving assistance systems.
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Competitive Landscape

The key competitors focus on inclusivity, while adding sensors and smart software to enhance the guided systems. Companies follow the artificial intelligence innovation with the key competitors and merge, acquire, and partner with other companies to increase the network range, connectivity, supply chain, and distribution channel. The key players in the market are: BMW AG, AUDI AG, Intel Corporation, Tesla Inc, Uber Technologies, Volvo Car Corporation, Honda Motors, Ford Motor Company, NVIDIA Corporation, and Tencent

Recent Market Developments

Ford Motor Co is the leading patent filer when it comes to the neural network for radar-LiDAR. The company operates with Baidu in China to implement AI technology in automotive.
A technology company, Aptiv is promoting enhanced automated vehicles that are loaded with AI-based sensors, cameras, and other components.

"Riding the Future: Navigating the Dynamic Landscape of the Electric Bike Market in 2032 and Beyond"

During the projection period, the electric bike market share are anticipated to grow at a CAGR of 10%. The electric bike market is expected to grow from US$ 52.05 Billion in 2022 to US$ 122.1 Billion by 2032.

Key Takeaways from Electric bike Market

With a CAGR of 3.2% over the forecast period, pedestals are predicted to be the most popular product category in the electric bike market.
The lead-based battery type sector holds a commanding share of more than 85% in the electric bike industry.
Battery-powered bikes are anticipated to experience a significant sales surge during the projected period, dominating the demand for electric bikes.
Due to the high prevalence of two-wheelers, APEJ is the largest market for electric bikes. During the projected period, the electric bike market is expected to rise at a robust CAGR of 3.2% and create a US$ 6.1 Bn growth opportunity.
Electric bike sales in the EU are projected to reach 13.1 million units by 2032, with 60% of those bikes being produced in Europe.
The electric bike market in North America is expected to grow rapidly.
“Due to the rising consumer trend toward environmentally friendly modes of transportation, the global e-bike market is extremely opportunistic and competitive. Additionally, e-bikes are seen by manufacturers as an affordable alternative to electric automobiles. E-bike sharing services and government organization support to encourage e-bike application and acceptance will blossom industry expansion in the ensuing years. – FMI Analyst

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The multiple benefits that electric bikes offer are anticipated to be the primary drivers of electric bikes market growth. Electric bikes are a practical, flexible, eco-friendly, and fashionable mode of transportation. Consumers believe that e-bikes are the best alternative to scooters, smart cars, and public transportation.

The electric bike market size is expected to increase as a result of a number of factors, including the implementation of government legislation to encourage the adoption of electric bikes and customer preference for utilising e-bikes as an eco-friendly and efficient commute alternative.

Customers are more likely to use low- or no-carbon-dioxide alternatives to public transit. It is predicted that the growing demand for electric bikes in the transportation sector in both developed and developing countries would present a plethora of potential prospects for the market participants. Furthermore, e-bikes can aid in easing traffic congestion because of their smaller size, increased range on a single charge, and advantageous impacts on health. These factors are expected to cause the sales of electric bikes to increase over the course of the forecast period.

Profitable revenue streams are being generated for key players as the use of lighter, longer-lasting e-bikes increases. To fulfil the different needs of riders on their daily urban commute, electric bike manufacturers are likewise expanding their variety of cars with varying mileage and features. Additionally, a rise in fuel prices and a surge in interest in cycling as a sport and leisure activity are expected to enhance sales of electric bikes.

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Competition Landscape in the Electric bike Market

The leading competitors in the global electric bike market strive intensely with one another as a result of significant investments made to enhance the performance of the electric bikes and make them more comfortable to use. Positioning e-bikes as the clientele’s preferred substitute for private cars and other vehicles is the main goal of these expenditures. Some of the players have made considerable investments to enhance the performance of the e-bike drive unit.

Additionally, it is anticipated that the manufacturers in the electric bike market are likely to grow through strategic initiatives like new launches, expansion, partnerships, and acquisitions.

The top competitors in the electric bike market are Piaggio & C. SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri E-Vehicle Co. Ltd., Giant Manufacturing Co Ltd., Emotion Bikes USA, Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Zero Motorcycles, Inc., Mahindra Genze, Derby Cycle and Accell Group ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd.

Recent Developments in the Electric bike Market:

In October 2021, Pon.Bike made the acquisition of the Dorel Sports division of Dorel Industries as part of a strategy to build a portfolio of high-end e-bikes that would span all e-bike segment categories.
In July 2021, Pedego opened a brand-new location in Bethesda, Maryland, offering a wide range of e-bike sales, rentals, services, and accessories.
In April 2022, Trek Bicycle Corporation purchased David’s World Cycle. Trek Bicycle Corporation purchased 21 retail chains to assist its expansion strategy and grow its dealer network.

"Building Steering Excellence: Embracing Technological Advancements and Enhanced Performance in the Electronic Power Steering Market by 2032"

During the projection period, the electric bike market share are anticipated to grow at a CAGR of 10%. The electric bike market is expected to grow from US$ 52.05 Billion in 2022 to US$ 122.1 Billion by 2032.

Key Takeaways from Electric bike Market

With a CAGR of 3.2% over the forecast period, pedestals are predicted to be the most popular product category in the electric bike market.
The lead-based battery type sector holds a commanding share of more than 85% in the electric bike industry.
Battery-powered bikes are anticipated to experience a significant sales surge during the projected period, dominating the demand for electric bikes.
Due to the high prevalence of two-wheelers, APEJ is the largest market for electric bikes. During the projected period, the electric bike market is expected to rise at a robust CAGR of 3.2% and create a US$ 6.1 Bn growth opportunity.
Electric bike sales in the EU are projected to reach 13.1 million units by 2032, with 60% of those bikes being produced in Europe.
The electric bike market in North America is expected to grow rapidly.
“Due to the rising consumer trend toward environmentally friendly modes of transportation, the global e-bike market is extremely opportunistic and competitive. Additionally, e-bikes are seen by manufacturers as an affordable alternative to electric automobiles. E-bike sharing services and government organization support to encourage e-bike application and acceptance will blossom industry expansion in the ensuing years. – FMI Analyst

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The multiple benefits that electric bikes offer are anticipated to be the primary drivers of electric bikes market growth. Electric bikes are a practical, flexible, eco-friendly, and fashionable mode of transportation. Consumers believe that e-bikes are the best alternative to scooters, smart cars, and public transportation.

The electric bike market size is expected to increase as a result of a number of factors, including the implementation of government legislation to encourage the adoption of electric bikes and customer preference for utilising e-bikes as an eco-friendly and efficient commute alternative.

Customers are more likely to use low- or no-carbon-dioxide alternatives to public transit. It is predicted that the growing demand for electric bikes in the transportation sector in both developed and developing countries would present a plethora of potential prospects for the market participants. Furthermore, e-bikes can aid in easing traffic congestion because of their smaller size, increased range on a single charge, and advantageous impacts on health. These factors are expected to cause the sales of electric bikes to increase over the course of the forecast period.

Profitable revenue streams are being generated for key players as the use of lighter, longer-lasting e-bikes increases. To fulfil the different needs of riders on their daily urban commute, electric bike manufacturers are likewise expanding their variety of cars with varying mileage and features. Additionally, a rise in fuel prices and a surge in interest in cycling as a sport and leisure activity are expected to enhance sales of electric bikes.

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Competition Landscape in the Electric bike Market

The leading competitors in the global electric bike market strive intensely with one another as a result of significant investments made to enhance the performance of the electric bikes and make them more comfortable to use. Positioning e-bikes as the clientele’s preferred substitute for private cars and other vehicles is the main goal of these expenditures. Some of the players have made considerable investments to enhance the performance of the e-bike drive unit.

Additionally, it is anticipated that the manufacturers in the electric bike market are likely to grow through strategic initiatives like new launches, expansion, partnerships, and acquisitions.

The top competitors in the electric bike market are Piaggio & C. SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri E-Vehicle Co. Ltd., Giant Manufacturing Co Ltd., Emotion Bikes USA, Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Zero Motorcycles, Inc., Mahindra Genze, Derby Cycle and Accell Group ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd.

Recent Developments in the Electric bike Market:

In October 2021, Pon.Bike made the acquisition of the Dorel Sports division of Dorel Industries as part of a strategy to build a portfolio of high-end e-bikes that would span all e-bike segment categories.
In July 2021, Pedego opened a brand-new location in Bethesda, Maryland, offering a wide range of e-bike sales, rentals, services, and accessories.
In April 2022, Trek Bicycle Corporation purchased David’s World Cycle. Trek Bicycle Corporation purchased 21 retail chains to assist its expansion strategy and grow its dealer network.

"Navigating the Connected Drive: Illuminating the Remarkable Expansion and Technological Advancements in the Electronic Power Steering Market by 2032"

The global electronic power steering market is anticipated to reach US$ 41,893.2 Million in 2032 with a moderate CAGR of 5.2% from 2022 to 2032. By the end of 2022, the target market is expected to produce US$25,234.0 Million. Throughout the predicted period, demand for the electronic power steering market will increase due to rising security concerns and fierce competition from vehicles with electronic, self-driving, or autopilot technology.

Vehicle production is increasing, and more rules and commitments to fuel-efficient technology are being established. OEMs from around the world are working to make their vehicles lighter and simpler to drive. These are the primary driving forces behind the predicted growth of the market for electronic power steering. The demand for high-end vehicles with ADAS and the market for electronic power steering are both expanding as buyers become more knowledgeable about technologically advanced automotive systems. Additionally, this feature offers market participants a huge potential to expand their product lines and customer bases.

Global vehicle production is increasing, automakers are working to make their cars lighter and easier to drive, and regulatory mandates and promises relating to fuel-efficient technology are growing. The market for electronic power steering will be driven mostly by these factors over the expected period of time. The demand for high-end vehicles with advanced driver assistance systems (ADAS) is rising, and the market for electronic power steering is expanding. Additionally, this characteristic offers market participants significant opportunities to expand their clientele and product offerings.

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“Rising awareness of the product-related advantages along with heightened demand from the auto industry will likely propel the global growth of the electronic power steering market over the forecast period,” says an FMI analyst.

Key Takeaways:

Heightened demand for electronic power steering systems in large commercial automobiles strengthens market prospects.
On the basis of end-use, the automotive sector will contribute significantly to the market.
By type, the conventional steering segment will dominate the global marketplace.
The electronic power steering market in the Asia Pacific region will register a CAGR of 8% during the assessment period.
Europe’s electronic power steering market will grow at a CAGR of 3.95% during the forecast period.
The start-ups in this field are keen on product innovations and introducing novel technologies

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Competitive Landscape

Among the leading companies in the electronic power steering market profiled in the full report are Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, ZF Friedrichshafen Group, Nexteer Automotive, NSK Global, JTEKT Corporation, SHOWA Corporation, thyssenkrupp Presta AG, Mando Corporation, Hyundai Mobis, and Zhuzhou Elite Electro-Mechanical Co. Ltd.

Leading market participants are concentrating on new investments and product innovation to broaden their product offerings. To acquire a competitive edge, these companies are using strategic merger and acquisition techniques.

Global Electronic Power Steering Market: Segmentation

By EPS type:

Column Assisted Electronic Power Steering(C-EPS)
Pinion Assisted Electronic Power Steering (P-EPS)
Rack Assisted Electronic Power Steering system (R-EPS)
Electronic Hydraulic Electronic Power Steering (EHPS)
By Vehicle Application:

Light Motor Vehicles (LMV)
Passenger Cars
Heavy Motor Vehicles (HMV)
Agricultural Tractors
Special Utility Vehicles (Cranes, Sports Cars, Earth Moving, Military Vehicles, etc.)
By Region:

North America
Latin America
Asia Pacific
Middle East and Africa
Europe

"Enhancing Engine Durability: Illuminating the Remarkable Expansion and Advanced Capabilities of the Automotive Cylinder Liner Market in 2027"


The global automotive cylinder liner market is predicted to reach a valuation of US$ 5,627.9 Million by 2027, with sales growing at a stagnant CAGR of 3.5% from 2022 to 2027. Scaling up from a value of US$ 4,573.1 Million in 2021, the target market is expected to reach an estimated US$ 4,741.1 Million in 2022.

The market for automotive cylinder liners is expanding as a result of the rising demand for passenger and commercial cars, particularly in metropolitan areas, as well as the availability of complex and varied cylinder liners. Through the course of the projection period, the target market will expand due to the rising urban population and the strong demand for lightweight automobiles.

As a result of growing consumer demand for passenger automobiles and increased disposable income, the market for automotive cylinder liners is anticipated to grow. The growth of the automotive sector as a whole and the rise in demand for automotive parts are both contributing to the growth of the market for automotive cylinders.

The demand for automotive cylinder liners is rising as light-duty and passenger trucks gain popularity. One of the main reasons affecting the industry is the transition from the traditional alloy to a hybrid liner.

Due to the enhanced usability and effectiveness of hybrid liners, manufacturers are growing more and more fascinated with them. Automakers who do not adhere to the necessary mpg (miles per gallon) standards run the risk of receiving huge fines as a result of the EPA and CAFE laws having been significantly tightened once more.

Since it motivates automakers to build better automobiles with improved fuel efficiency and reduced emissions, this should benefit the target market. The adoption of effective alloys with improved tensile strength in automotive components is expected to lead to an increase in the market for automotive cylinder liners over the course of the projected period.

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“Heightened demand for passenger cars and lightweight commercial vehicles propel the global growth of the automotive cylinder liner market over the forecast period,” says an FMI analyst.

Key Takeaways:

APEJ region is anticipated to exhibit substantial growth over the assessment period, accounting for over 42.3% of the market share.
India, China, and ASEAN countries are major contributors to the market’s growth in APEJ region.
Preference for hybrid liner over conventional alloy positively influences the market prospects.
The automotive cylinder liner market in the U.S. will likely surpass a value of US$ 715.7 Mn by the end of 2022.
Japan’s automotive cylinder liner market will be valued at US$ 445.2 Mn in 2022.
Cast iron material type will register the highest demand.
The liner type segment is set to grow at a CAGR of 2.9%.
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Competitive Landscape

Nippon Piston Rings Co. Ltd, Federal-Mogul LLC, TPR Co. Ltd., ZYNP Corporation, Liners India Limited, Daido Kogyo Co. Ltd., Melling Cylinder Sleeves, Cooper Corp, Darton International, Inc, India Pistons Ltd, Mahle GmbH, GKN PLC, Bryan Automotive, Metallic Auto Liners Pvt. Ltd, Kusalava International Ltd., Westwood Cylinder Liner Ltd., Aichi Machine Industry Co. Ltd, Bergmann Automotive GmbH, PT Pakarti Riken Indonesia, Cnflap Engine Parts (GZ) Ltd., and Advanced Sleeve among others are some of the major players in the automotive cylinder liner market profiled in the full version of the report.

Leading market players are focusing on acquisition and expansion strategies to enhance their supply of automotive components. Some of the other players are concentrating on increasing the efficiency of automotive cylinder liner to gain a competitive advantage.

Automotive Cylinder Liner Market By Category

By Liner Type, the Automotive Cylinder Liner Market is segmented as:

Dry Liner
Wet Liner
By Vehicle Type, the Automotive Cylinder Liner Market is segmented as:

Light Duty
Heavy Duty
By Application, the Automotive Cylinder Liner Market is segmented as:

Diesel Engine
Gasoline Engine
By Material Type, the Automotive Cylinder Liner Market is segmented as:

Cast Iron
Aluminium Alloy
Steel
Titanium Alloy

"Revolutionizing Engine Performance: Unveiling the Thriving Growth and Technological Advancements in the Automotive Cylinder Liner Market by the End of 2027"


The global automotive cylinder liner market is predicted to reach a valuation of US$ 5,627.9 Million by 2027, with sales growing at a stagnant CAGR of 3.5% from 2022 to 2027. Scaling up from a value of US$ 4,573.1 Million in 2021, the target market is expected to reach an estimated US$ 4,741.1 Million in 2022.

The market for automotive cylinder liners is expanding as a result of the rising demand for passenger and commercial cars, particularly in metropolitan areas, as well as the availability of complex and varied cylinder liners. Through the course of the projection period, the target market will expand due to the rising urban population and the strong demand for lightweight automobiles.

As a result of growing consumer demand for passenger automobiles and increased disposable income, the market for automotive cylinder liners is anticipated to grow. The growth of the automotive sector as a whole and the rise in demand for automotive parts are both contributing to the growth of the market for automotive cylinders.

The demand for automotive cylinder liners is rising as light-duty and passenger trucks gain popularity. One of the main reasons affecting the industry is the transition from the traditional alloy to a hybrid liner.

Due to the enhanced usability and effectiveness of hybrid liners, manufacturers are growing more and more fascinated with them. Automakers who do not adhere to the necessary mpg (miles per gallon) standards run the risk of receiving huge fines as a result of the EPA and CAFE laws having been significantly tightened once more.

Since it motivates automakers to build better automobiles with improved fuel efficiency and reduced emissions, this should benefit the target market. The adoption of effective alloys with improved tensile strength in automotive components is expected to lead to an increase in the market for automotive cylinder liners over the course of the projected period.

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“Heightened demand for passenger cars and lightweight commercial vehicles propel the global growth of the automotive cylinder liner market over the forecast period,” says an FMI analyst.

Key Takeaways:

APEJ region is anticipated to exhibit substantial growth over the assessment period, accounting for over 42.3% of the market share.
India, China, and ASEAN countries are major contributors to the market’s growth in APEJ region.
Preference for hybrid liner over conventional alloy positively influences the market prospects.
The automotive cylinder liner market in the U.S. will likely surpass a value of US$ 715.7 Mn by the end of 2022.
Japan’s automotive cylinder liner market will be valued at US$ 445.2 Mn in 2022.
Cast iron material type will register the highest demand.
The liner type segment is set to grow at a CAGR of 2.9%.
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https://www.futuremarketinsights.com/reports/automotive-cylinder-liner-market

Competitive Landscape

Nippon Piston Rings Co. Ltd, Federal-Mogul LLC, TPR Co. Ltd., ZYNP Corporation, Liners India Limited, Daido Kogyo Co. Ltd., Melling Cylinder Sleeves, Cooper Corp, Darton International, Inc, India Pistons Ltd, Mahle GmbH, GKN PLC, Bryan Automotive, Metallic Auto Liners Pvt. Ltd, Kusalava International Ltd., Westwood Cylinder Liner Ltd., Aichi Machine Industry Co. Ltd, Bergmann Automotive GmbH, PT Pakarti Riken Indonesia, Cnflap Engine Parts (GZ) Ltd., and Advanced Sleeve among others are some of the major players in the automotive cylinder liner market profiled in the full version of the report.

Leading market players are focusing on acquisition and expansion strategies to enhance their supply of automotive components. Some of the other players are concentrating on increasing the efficiency of automotive cylinder liner to gain a competitive advantage.

Automotive Cylinder Liner Market By Category

By Liner Type, the Automotive Cylinder Liner Market is segmented as:

Dry Liner
Wet Liner
By Vehicle Type, the Automotive Cylinder Liner Market is segmented as:

Light Duty
Heavy Duty
By Application, the Automotive Cylinder Liner Market is segmented as:

Diesel Engine
Gasoline Engine
By Material Type, the Automotive Cylinder Liner Market is segmented as:

Cast Iron
Aluminium Alloy
Steel
Titanium Alloy

"Harnessing Power: Navigating the Dynamic Landscape of the Automotive Battery Management System Market in 2033 and Beyond"

The Automotive Battery Management System Market is projected to grow at a CAGR of 25.6%, according to ESOMAR-certified Future Market Insights (FMI). By 2033, it is expected that the market for automobile battery management systems would have increased from US$3.8 billion to US$37.4 billion.

The clean car market will soon be dominated by electric vehicles, necessitating the development of cutting-edge battery management systems. Market growth will be strongly influenced by the continually increasing demand for battery management systems from e-bike and electric vehicle manufacturers.

"In the not too distant future, improvements in battery management technologies will help to increase vehicle range while also prolonging battery life and safety. The production of electric vehicles is being increased aggressively by all major OEMs, which is anticipated to generate considerable prospects for the worldwide automotive battery management system market.

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Key Takeaways of Automotive Battery Management System Market Study

Consumer demand across the globe is beginning to bend in favor of electric vehicles, and has strong disruption potential with governments providing purchasing incentives and subsidiaries.
With the dawn of electro-mobility and the resulting increase in EV production, automakers are offering tailored electric vehicles with modification in battery management systems.
APEJ is anticipated to remain the fastest-growing region in the automotive battery management system market during the forecast years, owing to several countries encouraging the usage of EVs. China leads the global fleet of electric vehicles.
Hybrid electric vehicles hold more than two-third of the global EV fleet. Increasing sales of HEVs are foreseen to fuel the demand for battery management systems in the future.
Electric vehicle fleet is significantly low as compared to ICE vehicles. As a result, the OEM sales channel is projected to retain its prominence throughout the forecast period.
Although centralized BMS account for a lion’s share in the global market, modular BMS are expected to witness high growth due to its superior functional benefits over its counterparts.
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Automotive Battery Management System Market: Competition Overview

The global automotive battery management system market is moderately consolidated, with a number of global as well as regional players operating in it.

Key Players Operating in Automotive Battery Management System Market Include:

Continental Ag, Dana Limited, Gentherm, Hanon Systems, Mahle Gmbh, Nxp Semiconductors, Renesas Electronics Corporation, Robert Bosch Gmbh, Valeo, Marelli Holdings Co., Ltd.

Key Segments Covered in the Automotive Battery Management System Market Report

By Vehicle Type:

Electric Vehicle
Golf Karts
Electric Bikes
By Connection Topology:

Centralized
Distributed
Modular
By Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket
By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

"Unleashing Earthmoving Excellence: Navigating the Thriving Landscape of the Excavators Market in 2033 and Beyond"

During the time period between 2018 and 2022, the global used EV market grew at an annual rate of 5.3% and reached a valuation of US$ 16,428.4 by the year 2022. The FMI research report projects that used EV sales would increase by 8.4% globally between 2023 and 2033. According to projections, the total market value will rise from US$17,890.5 million in 2023 to US$40,078.9 million in 2033.

The global movement against global warming has had a beneficial and unprecedented influence, with the demand for electric vehicles experiencing an increasing shock in every region. Pre-owned EVs have become more practical and cheap, high-end models are more popular, and there are more incentives and discounts available to purchasers, all of which have strengthened the market.

In summary, FMI thinks that the price of electric vehicles is coming down for all people, regardless of their economic level, and that the market for used electric vehicles will grow over time.

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Key Takeaways from the Used EV Market Study

By having a huge market for electric vehicles than any other country, the United States is figured to have become the second leading market following Germany. The net worth of all used EVs purchased in the United States in 2022 summed up to US$ 1,429.3 million and acquired 8.7% of the global revenue.
Germany, on the other hand, generated a revenue of US$ 2,217.8 million in 2022 from the resale of electric vehicles in the country. By the virtue of the presence of some of the leading used EV market players, it acquires 13.5% of the global market.
Contrarily, the United Kingdom is one of the notable regions experiencing an above-average growth rate in the adoption of used EVs. In the present years, it is experiencing an annual growth rate of 12.6% which is expected to continue for the next ten years.
Among the Asia Pacific countries, Japan is the leading region in the sale and resale of different types of electric vehicles. As per the survey report, the value of total used electric vehicles sold in the country was approximately US$ 575 million in 2022.
Presently China is a remarkably growing region in the adoption of used EVs in the Asia Pacific region. According to the market analysis report, China used EV market is projected to register a CAGR of 9.8% over the forecast years.
India is poised to set the record for demand and adoption of used EVs against any other country in the Asia Pacific. As per the experts at FMI, the annual growth rate of this emerging economy is anticipated to be around 9.8% from 2023 to 2033.
Australia is another notable country studied for the market analysis for the recent rise in demand for used EVs in the country. Based on the used EV resale statistics figures, the net valuation of this used commodity in the country is expected to be around US$ 561 million by 2033.
Competitive Landscape for the Used EV Market

Some of the renowned automotive companies that have also become used EV dealers are Audi AG, BMW AG, Hyundai Motor India, Jaguar Land Rover Limited, Mahindra and Mahindra Ltd., Mercedes-benz AG, MG Motor India PVT. Ltd., Olectra Greentech Limited, Tata Motors, and Toyata Motor Corporation among others.

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Key Segments of Global Used EV Market:
By Propulsion Type:
Battery Electric Vehicles (BEV)
Hybrid Electric Vehicles (HEV)
Plug-in Hybrid Electric Vehicles (PEV)
Fuel Cell Electric Vehicles (FCEV)
By Vehicle Type:
Two-wheelers
Passenger Cars
Commercial Vehicles
Others
By Vehicle Drive Type:
Front Wheel Drive Electric Vehicles
Rear Wheel Drive Electric Vehicles
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East and Africa (MEA)