Market Analysis

By the end of 2020, the global passenger vehicle demand is predicted to plunge by 11% due to Covid-19 pandemic and commercial vehicle industry is expected to witness a fall in the demand for the first time in the decade. The publisher predicts that passenger vehicle demand is expected to grow by 1.9% between 2020 […]

According to a recent study from market research firm Global Market Insights, Automotive HMI (Human-Machine Interface) technology is proliferating at such a rapid pace that today it can enable real-time communication between driver and the vehicle system without distraction, even while driving the vehicle. Add to it, recent developments in gesture recognition systems have also

Amid the COVID-19 crisis and the looming economic recession, the Vehicle Intelligence Systems market worldwide will grow by a projected US$19.4 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 13.3%. Road/lane tracking system, one of the segments analyzed and sized in this study, is forecast to grow at

The significant increase in enabling technology and applications made up of AI, sensors, hardware, software and IC processors has had a profound impact on the automotive industry and the advancement of driver assistance technology and autonomous vehicles. This in turn, has contributed to the creation of a market that is expected to ship 15 million