Automotive Sector Monitor - MI (2016 Q1 Issue)

7/25/2019 Automotive Sector Monitor - MI (2016 Q1 Issue)

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Automotive Sector Monitor Page of1 17

Automotive Sector Monitor

2016 First Quarter Issue

3rd February, 2016

Mordor Intelligence,

HIG 7, Behind KPHB Phase IX Green Park,

Kukatpally, Hyderabad,

Telangana, 500072 India.

Phone: +1 661-210-4568

Email: [email protected]

Website: www.mordorintelligence.com
http://www.mordorintelligence.com/mailto:[email protected]


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OVERVIEW

Automotive Industry climbing close to pre-recession level

Strong and profitable growth of the automotive sector post the economic crisis likely to continue during

2016, with annual sales reaching pre-recession levels in some regions.

The market for automotive sales in the U.S. is quite optimistic with over 17 million vehicles sold in 2015.

Europe, from its six-year sales slump, continued to grow at a weaker pace with a steady economic recovery

during the last 2 years, where the domestic consumption rate went up by 15%.

Russia automotive sector witnessed a plunge in sales during 2015. Fall in oil prices, low Ruble-Dollar

exchange rate and western sanctions over Ukraine had a catastrophic impact on the Russian automotive

industry. Passenger sales fell by 10.3% in 2014, and further shrank at an annual rate of 32%, during 2015.

The market in South America witnessed a 15% decline in sales. This could be accounted to the

dependence of the former on political and economic stability, which are highly volatile in the region.

However, automotive market is expected to offer decent opportunities in the light of low car ownership, low-

cost production and growing middle class populations in Brazil and Argentina.

In spite of the ramping up of investments from OEMs in China, the overall market in the country slowed

down. This could be accounted to the decline in cost-advantage that China boasted about for long. Further,

spike in labour wages and recent crash of the production industry are expected to slow down the

automotive market during 2016.

Market performance in India has been inconsistent during 2015. However, on the brighter side, spike in

disposable income and low-production costs favoured the investments from automakers in the country, in

turn driving the market for automotive industry.

GLOBAL AUTOMOTIVE PRODUCTION (IN UNITS)

0

17500000

35000000

52500000

70000000

2011 2012 2013 2014Passenger Car LCV Heavy Trucks

GLOBAL AUTOMOTIVE SALES (IN UNITS)

0

7500000

15000000

22500000

30000000

2012 2013 2014 015Europe Americas APAC/ME Africa

Source: Mordor Intelligence Analysis


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Major sectors Outlook

! Automotive Security: With the market for connected vehicles to touch 300 million by 2018, the regulations

related to safety and automotive cyber security industry will grow substantially. Advancements like Intrusion

Prevention Systems (IPS) will further encourage initiatives with regards to developing sophisticated security

solutions in the light of growing autonomous vehicle market.

! Automotive Technology:Technology has become the backbone for automotive industry growth. Higher

adoption of technologies such as ADAS, ABS etc. encouraged automakers to develop feature packed

vehicles, in accordance with the growing consumer preferences for the former. Night Vision Systems, Smart

Key, Smart glass and adaptive lighting systems are some of the technologies that are expected to

revolutionise the customer desired driving experience.

! Electric Vehicles: Spike in automotive emissions, lower operating & maintenance costs and government

agency initiates are some of the major factors propelling the market for electric vehicles in the global

scenario. Further, with the potential adoption of electric vehicles, automakers are now taking the concept of

electric vehicles to a next level by targeting the high performance electric vehicle sector. Further, the market

for wireless charging for these EVs have a bright prospect over the coming 5 years, with countries like UKspending $300 million on building wireless charging roads allows charging for these vehicles on the go.

! Sensors/ Softwares: Electronic systems now contribute to over 85% of the features and innovations that

the automotive industry has witnessed over the recent past. These sophisticated systems pumped up the

demand for softwares and connectivity. Further, growth in advanced driver assistance systems and other

safety systems propelled the employment of more number of sensors in a vehicle. The number of sensors

per vehicle is poised to grow to over 200 by 2020. TPMS, Steering sensors and MEMS are some of the

sensor types that will witness an increased employment by automakers over the coming 5 years.

! Materials:Vehicle lightening trends in the light of enhancing fuel efficiency drove the market for light weight

materials such as composites and aluminium in automotive industry. Automakers are now trying to employ

carbon fibre composites and aluminium extrusion for the chassis and body assemblies of the vehicle. Large

scale production is expected to bring down the cost for carbon fibre, in turn, acting as a major propellent for

the employment of this material in automotive construction.


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! Die Casting: In the light of EPA and CAFE regulations to cut down automotive emissions and enhance the

mpg fuel efficiency, automakers diverted their focus on reducing the overall weight of their produce. Along

with employing lighter body materials, they have also adopted non-ferrous metal die casting parts for

engine, transmission and body assemblies. Aluminium die castings in particular, found their extensive use in

the manufacture of automotive engine parts, transmission housing, structural components and body

assemblies.


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A PIE OF OUR BROAD SPECTRUM

Sector Market Coverage Page

Vehicles

High Performance ElectricVehicles (HPEV)

Global HPEV marketAsia Pacific HPEV marketFrance HPEV marketGermany HPEV marketNorth America HPEV marketUS HPEV market

8

Direct Methanol Fuel Cell Global DMFC market

Wireless Charging for ElectricVehicle

Global wireless charging for EV marketNorth America wireless charging for EVmarketEurope wireless charging for EV market

Lightweight Cars Global market for lightweight carsEurope market for lightweight carsAsia Pacific market for lightweight cars

Automotive Energy Harvesting &Regeneration market (AEHR)

Global AEHR marketEurope AEHR marketNorth America AEHR marketGermany AEHR market

8

Production &

Testing

Automotive Robotics Global automotive robotics marketNorth America automotive roboticsEurope automotive robotics market

8

Automotive Exhaust Analyzer Global exhaust analyzer marketNorth America exhaust analyzer marketEurope exhaust analyzer marketAsia Pacific exhaust analyzer marketGermany exhaust analyzer marketUS exhaust analyzer marketChina exhaust analyzer market

9

Automotive Night Vision Systems(ANVS)

Global ANVS marketNorth America ANVS marketEurope ANVS marketAsia Pacific ANVS marketSouth America ANVS marketIndia ANVS marketGermany ANVS marketChina ANVS marketUS ANVS marketFrance ANVS market

9

Sector


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Technology

Automotive Auto Transmissionmarket (ATT)

Global ATT marketNorth America ATT marketEurope ATT marketAsia Pacific ATT marketIndia ATT market

9

Tire Pressure MonitoringSystems (TPMS)

Global TPMS marketNorth America TPMS marketEurope TPMS marketAsia Pacific TPMS marketSouth America TPMS marketAfrica & Middle-East TPMS market

10

Automotive Fault CircuitController (AFCC)

Global AFCC marketNorth America AFCC marketEurope AFCC marketAsia Pacific AFCC marketSouth America AFCC market

10

Automotive Smart Key Global Smart Key marketNorth America Smart Key marketEurope Smart Key marketGermany Smart Key market

10

Automotive Camera Global Automotive camera market

North America automotive cameramarketEurope automotive camera marketAsia Pacific automotive camera marketSouth America automotive cameramarketUK automotive camera marketUS automotive camera marketGermany automotive camera marketFrance automotive camera marketIndia automotive camera marketJapan automotive camera marketChina automotive camera marketItaly automotive camera marketSouth Korea automotive camera marketSouth Africa automotive camera market

11

Market Coverage PageSector


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Automotive Sunroof Global automotive sunroof marketNorth America automotive sunroofmarketEurope automotive sunroof marketAsia Pacific automotive sunroof marketIndia automotive sunroof marketUS automotive sunroof marketGermany automotive sunroof marketUK automotive sunroof marketSouth Korea automotive sunroof marketChina automotive sunroof market

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Sensors

Automotive Sensors Global automotive sensors marketNorth America automotive sensorsmarketEurope automotive sensors marketAsia Pacific automotive sensors marketSouth America automotive sensorsmarketUS automotive sensors marketGermany automotive sensors marketFrance automotive sensors marketItaly automotive sensors marketIndia automotive sensors market

Israel automotive sensors marketSouth Korea automotive sensors marketChina automotive sensors marketJapan automotive sensors marketRussia automotive sensors marketSaudi Arabia automotive sensorsmarket

Steering Sensors Global steering sensors marketNorth America steering sensors marketEurope steering sensors marketAsia Pacific steering sensors marketUS steering sensors market

China steering sensors market

11

Automotive MEMS Global MEMS sensors market

ADAS Global ADAS market

Automotive Navigation Global auto navigation system market 12

Automotive Reed Sensors Global Reed Sensors marketRussia Reed Sensors marketNorth America Reed Sensors marketEurope Reed Sensors marketAsia Pacific Reed Sensors market



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~Our report coverage for automotive industry is vast. We also provide

customised market intelligence as per your specific requirements~

Die Casting

Automotive Parts Die Casting(DC)

Global Automotive parts DC marketNorth America auto-parts DC marketEurope auto-parts DC marketAsia Pacific auto-parts DC marketLatin America auto-parts DC marketUS auto-parts DC marketFrance auto-parts DC marketGermany auto-parts DC marketItaly auto-parts DC marketCanada auto-parts DC marketRussia auto-parts DC marketIndia auto-parts DC marketChina auto-parts DC marketJapan auto-parts DC market

12

Automotive Parts Aluminium DieCasting (ADC)

Global auto-parts ADC marketNorth America auto-parts ADC marketLatin America auto-parts ADC marketEurope auto-parts ADC marketAsia Pacific auto-parts ADC marketUS auto-parts ADC marketFrance auto-parts ADC marketGermany auto-parts ADC marketRussia auto-parts ADC market

India auto-parts ADC marketChina auto-parts ADC marketJapan auto-parts ADC market

Automotive Parts MagnesiumDie Casting (MDC)

Global auto-parts MDC marketNorth America auto-parts MDC marketEurope auto-parts MDC marketAsia Pacific auto-parts MDC marketCanada auto-parts MDC marketUS auto-parts MDC marketGermany auto-parts MDC marketChina auto-parts MDC market

Automotive Parts Zinc DieCasting (ZDC)

Global auto-parts Zinc Die Castingmarket



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MARKETS WITH HIGH PROSPECTS

High Performance Electric Vehicles Market(HPEV)

Global high performance electric vehicle market is poised

to grow at a CAGR of 38.75%.

The market will reach 0.52 million units by 2020.

Tesla pioneered the concept of HPEV and encouraged their

development.

North America is the largest market for these vehicles,

followed by Europe.

The market for HPEV in France is expected to grow at a

CAGR of 36.88% till 2020.

Applus + recently unveiled its Volar - e supercar prototype

at Circuit de Catalunya in Barcelona to strike the F1 circuit to

be held there.

Automotive Energy Harvesting and Regeneration Market (AEHR)

The market for automotive energy harvesting and regeneration is expected to touch $350 billion by 2020.

ZF-TRW introduced Integrated Braking System (IBS) that is scalable from A-segment vehicles to SUV.

Growing demand for electric vehicles is expected to propel the market for AEHR over the coming 5 years.

Automotive Robotics Market

Robust growth of automotive sector is positively inducing the use of

robotics for meeting the growing consumer demand.

US, Japan and Germany are the key contributors to the market growth.

The market for automotive robotics is poised to grow at CAGR 14.3%

till 2020.

Premiumisation and mass production in automotive sector would

encourage automakers to automate majority of their operations and

subsequently employ robotics in the automotive industry.

2015 2020

CAGR HPEV Market (in $billion)

CAGR 38.75%

REGIONAL MARKET SHARE

US Asia pacific EuropeOthers


Source: Mordor Intelli ence Analysis
http://www.mordorintelligence.com/industry-reports/automotive-robotics-markethttp://www.mordorintelligence.com/industry-reports/automotive-energy-harvesting-and-regeneration-markethttp://www.mordorintelligence.com/industry-reports/automotive-high-performance-electric-vehicles-market


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Automotive Exhaust Analyzer Market

Potential scale of tampering like that in the Volkswagen scandal

raised alarms across the EPAs, putting the current exhaust

analysis techniques under stringent scrutiny, in turn bringing

automotive exhaust analyzer systems into the spot light.

Global market for automotive exhaust analyzer is poised to grow

at a CAGR of 8.85% till 2020.

HORIBA MIRA Ltd and Robert Bosch GmbH continued to

dominate the market with their up-to-date products.

Automotive Night Vision Systems Market

Growing incidence of road accidents during night owing to

poor light conditions propelled the market for automotive night

vision systems.

The market is poised to grow at a CAGR of 15.36% from 2015

to 2020.

Near infrared based NVS systems are gaining popularity, while

manufacturers are trying to develop better Far infrared detection

systems. Robert Bosch, DENSO and ZF-TRW are in the

forefront developing these systems.

Employment of these systems is high in luxury cars as of

2015. However, by 2020, this technology will find its use across

the vehicle range, due to growing safety concerns.

Automotive Auto Transmission Market (ATT)

Market for automatic transmission is expected to register a CAGR of 9.54% till 2020.

Augmented power requirements and fuel efficiency trends are driving the market for ATT.

As of 2015, North America was the largest market. However, it is the market in Asia Pacific region, which is

expected to witness a higher growth rates with India and China leading the market.

Employment of auto transmission in heavy vehicles is expected to grow over the coming 5 years.

MARKET SHARE ANALYSIS

HORIBA MIRA Robert BoschOthers

2015 2016 2017 2018 2019 2020

ANVS Market (in $billion)


http://www.mordorintelligence.com/industry-reports/automotive-automatic-transmission-markethttp://www.mordorintelligence.com/industry-reports/automotive-night-vision-system-markethttp://www.mordorintelligence.com/industry-reports/automotive-exhaust-analyzer-market


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Tire Pressure Monitoring Systems Market (TPMS)

Concern for passenger safety compelled the governments

across the glove to implement stringent safety regulations.

EU TPMS regulation (formulated in NOV 2012) is one of

them which mandates the installation of TPMS on all the

new passenger vehicles in Europe from November 2014.

The global market for this system is estimated to grow at a

CAGR of 15.23% over the next 5 years.

Increased fuel efficiency, along with additional safety are

some of the major propellants for the TPMS market growth

in the global scenario.

Direct TPMS, which provide real-time information on the tire

pressure using pressure monitoring sensors are gaining

popularity among the manufacturers.

Automotive Fault Circuit Controller Market (AFCC)

The global market for automotive fault circuit controller registered revenue $85 million in 2015. This market is

poised to grow at a CAGR of 7.35% till 2020.

Strong smart grid initiatives and demand for energy-efficient solutions for automotive electronics are some of

the major factors driving the former market growth.

Resistive SFCL from Nexan is a notable development over the recent years in the market.

Automotive Smart Key Market

Technological advancements, coupled with demand for

premium features from consumers, are major propellants for the

automotive smart key market.

China would be suggestively having higher growth in smart key

industry, across all vehicle segments by 2018. The market in

China is expected to grow at a CAGR of 32.3% over the coming

5 years.

The global market for automotive smart keys will touch $22

billion by 2020, growing at a CAGR of 23.7% over the

forecasted period.(2015-2020)

2015 2016 2017 2018 2019 2020

TPMS Market (in $billion)

CAGR 15.23%

0

5.5

11

16.5

22

2015 2016 2017 2018 2019 2020

Smart Key Market (in $billion)


http://www.mordorintelligence.com/industry-reports/automotive-smart-keyhttp://www.mordorintelligence.com/industry-reports/automotive-fault-circuit-controller-markethttp://www.mordorintelligence.com/industry-reports/automotive-tpms-market


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Automotive Camera Market

Global automotive camera market is expected to grow to $11.2 billion by 2020, at an estimated CAGR of

21.34% till 2020.

Demand for safety systems, advancements in camera-based driver assistance sensors and growing after-

market sales for parking cameras, are some of the major factors pumping the market.

A7LA camera from Ambarella, is one of the latest advancements in camera systems. This module allows full

30fps, 1080p full HD single and dual view camera configurations.

Automotive Sunroof Market

Decline in the market for convertible cars resulted was the major

driving factor for automotive sunroof industry.

The market for automotive sunroof will grow to $7.6 billion by 2020

from $4.69 billion in 2015, at a CAGR of 10.31% over the

forecasted period.

Recovering sales of luxury cars will boost the sales of panoramic

sunroofs.

As of 2015, European automotive sunroof sector, dominated theglobal market, with over 33% market share.

Automotive Steering Sensors Market

The global market for steering sensors is poised to grow


Europe dominated the global market as of 2015.

However, it is the Asia pacific region, which is expected to

dominate the market by 2020.

CIPOS based sensors from Hella, steering effort sensors

from KMT Telemetry and multifunctional steering sensors

from Guttersberg automotive are some of the promising

products in the market.

Sober sensors launched biosensors to prevent accidents

due to alcohol impaired driving.

Steering sensors market in Europe is estimated to grow


REGIONAL MARKET SHARE

North America Europe Asia PacificSouth America ROW

2015 2016 2017 2018 2019 2020

Automotive Steering Sensors Market (in $billion)

CAGR 13.65%


Source: Mordor Intelli ence Anal sis
http://www.mordorintelligence.com/industry-reports/automotive-steering-sensors-markethttp://www.mordorintelligence.com/industry-reports/automotive-sunroof-markethttp://www.mordorintelligence.com/industry-reports/automotive-camera-market


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Automotive Navigation Systems Market

Stringent regulatory requirements, growing availability of data and developments in autonomous vehicle

technologies are the major factors driving the market for automotive navigation systems. This market is

poised to grow at a CAGR of 12.85% till 2020.

Asia Pacific region holds high prospects for this market and is estimated to dominated the global navigation

systems sector by 2025.

Global market for automotive navigation systems is expected to grow at a CAGR of 9.98% from 2015 to

2020.

Automotive Parts Die Casting Market

Global market for automotive parts die casting will

touch $48 billion by 2020 from $35 billion in 2015,

at a CAGR of 6.94% over the forecasted period.

Asia Pacific market held the largest share in global

scenario, with China leading upfront. Market in Asia

Pacific region is poised to grow at a higher CAGR

of 8% till 2020.

CAFE and EPA regulations to reduce emissionsand increase fuel efficiency drove automaker to

employ die cast parts.

The market for magnesium automotive parts die

casting will grow at a CAGR of over 11%, while

that of zinc will grow at a very slow rate of 2%.

Aluminium parts die casting market will witness

new opportunities from India, Mexico and Ukraine

markets.

AUTOMOTIVE PARTS DC MARKET (IN $BILLION)

2015 2016 2017 2018 2019 2020

North America Europe Asia PacificLatin America Africa & Middle-East

http://www.mordorintelligence.com/industry-reports/automotive-parts-die-casting-markethttp://www.mordorintelligence.com/industry-reports/automotive-navigation-system


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OUR METHODOLOGY

The analysis of market trends, growth patterns, and dynamics of a studied market, and forecasting the future

values depend on the overall market, demographic, geo-political, and macro and micro economic conditions

of a country or region, leading to the identification of broad exogenous and endogenous factors such as

historical market trends, macroeconomic and business cycle effects, seasonal effects, average selling price

trends, and homogeneity in the cross-sectional country trends.

The research process adopted for this entire study can be broadly classified into two phases: size estimation

of the historical and current years, and the forecasting methodology for the forecast period of the global,

country, and segmental-level data that lead to the Data Generation Process (DGP) for the studied variables.

The size estimations are carried out through bottom-up and top-down approaches, examining the revenues ofthe key players, studying the size of the applications, end-user demand cross-validated by secondary and

primary resources. In this report, for analysing the trends of the studied market in the forecast period, we have

incorporated rigorous statistical and econometric methods, validated by secondary, primary, and by internal

experts through our extensive data intelligence repository. The market is studied from the demand and supply-

side perspectives to analyse the consumer and producer behaviour patterns in the review period that affect

the demand and consumption trends.

Data Inputs through primary expert

opinions, cushioned by secondarydatabased research

Data curation for reliable future research

Presentation by impactful articulation& depiction of research findings

Data Validation with econometric model

Forecasts with observable basic characters/ Trends


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OURSTORY

Aim higher. Stay Focused - Brandon Adams

Our passion for data, with a proclivity for recognizing patterns made us enter Market Research.

The first step for success is always the toughest one. Its hard for an established company to trust market

intelligence from a new kid in the lot. Our client saw the passion that we hold for our work and trusted us.

The beginning

Intelligence for the industry continued with many other consulting firms ..

It didn't take us long to gain hold of the market with our team of passionate data lovers. The word of MIas a trusted

research partner has spread across with market leaders, allowing us to become a part of their growth

We are now into serious business


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SOME OFOUR CLIENTS


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Market intelligence from SCREWto aSPORTS CAR

WE ARE

Contact

For more information, visit us at www.mordorintelligence.com

email: [email protected]: +1 661-210-4568

About Mordor Intelligence

Mordor Intelligence is a market research and consulting firm with expertise in helping clients grow theirbusiness through accurate research and unbiased analysis. With over 5,000 comprehensive research reportsacross 15 industry segments, MI has helped over 160 clients take better business decisions.

Copyright 2015 Mordor Intelligence LLP

All Rights Reserved. This document contains highly confidential information and is the sole property of Mordor Intelligence LLP. No part of itmay be circulated, copied, quoted, or otherwise reproduced without the approval of Mordor Intelligence LLP.
mailto:[email protected]://www.mordorintelligence.com/

Automotive Sector Monitor - MI (2016 Q1 Issue)

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