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The automotive industry is among the most affected by the COVID-19 pandemic and the ongoing semiconductor shortage. The resulting economic crisis impacted overall vehicle sales, leading to a delay in value chain components supply and technology introduction and a shift in consumer preferences. Original equipment manufacturers (OEMs) and value ch...

Unit shipment in the North American collision repair equipment market is expected to grow in the coming years. Increase in vehicles in operation (VIO) coupled with the incremental miles travelled by vehicles, along with usage of alternate and light weighting materials, will largely drive unit shipments during the forecast period. Increase in the co...

This research service provides strategic analysis of advanced driver assistance systems sensors market in Europe. The research covers the European passenger vehicle OE ADAS sensors market composed of different types of sensors such as Radar, Lidar, Camera, Near Infra Red, Far Infra Red and Ultrasonic used in systems such as active cruise control, b...

The evolution in autonomy and increase in the adoption of driver assistance systems have generated a need to sense and perceive the surrounding environment of a vehicle entirely and accurately. The fusion of forward-looking sensor data has given OEMs and Tier-I suppliers opportunities to offer multiple ADAS applications at low costs, while providin...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to AI based platforms for Adaptive ADAS, Smart Home Charging System, Single-chip Lidar Laser Driver to Enhance Object Detection, EV charging solutions, teleportation based autonomous mobility platform, and urban transportation, among others.The purpose of the Mobility Te...

Though the automotive industry is recovering from the COVID era and reaching pre-COVID forecasted vehicle sales, it still faces many challenges—regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers and value chain partners are realigning their product strategies, road maps, and launch timelines to ada...

In today’s world, while robots have the capability to do some things more efficiently than humans, humans are still much wiser when it comes to real-time decision-making capability. One such application that comes to light is driving and navigation. For example, decisions, such as stopping the vehicle at the right place, watching for a traffic sign...

This study provides an analysis of the European power steering market. Power steering has been widely adopted in the passenger vehicle industry in Europe as it enables fuel efficiency, ensures easy integration with other vehicle systems, improves steering performance, and provides enhanced assistance for advanced driver-assistance systems (ADAS) an...

Advanced driver assistance systems (ADAS) and autonomous vehicles (AVs) use cameras as an integral part of the perception sensor suite to gather vision-based information to help systems make logical decisions through artificial intelligence (AI)-based sensing and perception algorithms that enable autonomous driving features. Passenger vehicle ca...