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Low Voltage Cable Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2033

Posted by Latest Market Trends on April 24, 2024 at 12:25pm 0 Comments

The global low voltage cable market has witnessed remarkable growth, achieving a substantial valuation of US$ 135.3 billion in 2022. This upward trajectory is set to continue, with an anticipated value of US$ 144.5 billion by the end of 2023, showcasing robust year-over-year expansion. Looking ahead, the market is forecasted to experience a significant Compound Annual Growth Rate (CAGR) of 5.8% for low voltage cable sales, culminating in a remarkable revenue milestone of US$ 255.0 billion by… Continue

Global Automotive Aquaplaning Solution Market Analysis, Size, Share, Growth & Forecast 2030

Increased government focus on road safety and adoption of aquaplaning solutions in sports cars are expected to drive the demand for global automotive aquaplaning solution market growth in the forecast period, 2023-2030.

The global automotive aquaplaning solution market is anticipated to grow at a CAGR of 37.64% in the forecast period, 2026-2030, to reach 37.13 thousand units by 2030. Factors such as favorable government policies, supporting the adoption of electric vehicles in their respective countries, and growing road safety concerns to lower the occurrence of road accidents are primarily driving the demand for global automotive aquaplaning solutions. Also, the high sales and production of premium vehicles around the globe and rapid adoption of advanced technologies by the automobile manufacturers to increase the performance of vehicles are expected to accelerate the growth of global automotive aquaplaning solution market in the forecast period.

Road accidents in rainy weather and on wet roads are common as the tires lose the friction while driving. Precipitation reduces the drivers' visibility, leading to severe road accidents and loss of life. The automakers install the aquaplaning solutions in automobiles to reduce road accidents and enhance passenger safety. With the massive demand for automobiles around the globe for daily commute purposes, the demand for automotive aquaplaning solutions is expected to rise in the forecast period.

The global automotive aquaplaning solution market is divided into type, regional distribution, and competitive landscape. Based on type, the market is divided into ICE vehicles, electric vehicles, and autonomous vehicles. Autonomous vehicles are expected to witness the fastest incremental growth with a CAGR of 68.95% in the forecast period, 2026-2030. Autonomous vehicles are gaining popularity due to ease, convenience and comfort offered to the passengers. Also, they provide higher safety while driving, and minimize the chances of human error as the vehicle drive by themselves. The advantages offered by autonomous vehicles are supporting the massive demand for autonomous vehicles around the world.

Browse Full Report : https://www.techsciresearch.com/report/automotive-aquaplaning-solut...

The major players operating in the global automotive aquaplaning solution market are EasyRain i.S.p.A, Robert Bosch GmbH and Italdesign Giugiaro S.p.A.

Years considered for this report:

Estimated Year: 2022

Forecast Period: 2023-2030

Objective of the Study:

To estimate and forecast the market size of the global automotive aquaplaning solution market from 2023 to 2030 and growth rate until 2030.
To classify and forecast the global automotive aquaplaning solution market based on type, regional distribution, and competitive landscape.
To identify drivers and challenges for the global automotive aquaplaning solution market.
To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the global automotive aquaplaning solution market.
To conduct pricing analysis for the global automotive aquaplaning solution market.
To identify and analyze the profile of leading players operating in global automotive aquaplaning solution market.

 Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading automotive aquaplaning solution service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the automotive aquaplaning solution service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the automotive aquaplaning solution service providers, distribution channels and presence of all major players operating in the automotive aquaplaning solution service providers all over the world.

TechSci Research calculated the global automotive aquaplaning solution market size using a bottom-up approach, where data for various regions was recorded and forecasted for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Automotive aquaplaning solution service providers / suppliers/ distributors
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to automotive aquaplaning solution
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive aquaplaning solution service providers, suppliers, distributors, and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.  

Report Scope:

In this report, global automotive aquaplaning solution market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Automotive Aquaplaning Solution Market, By Type:
ICE Vehicles (Excluding Autonomous)
Electric Vehicles (Excluding Autonomous)
Autonomous Vehicles
Automotive Aquaplaning Solution Market, By Region:
North America
Asia-Pacific
Europe
Rest of the World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive aquaplaning solution market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table Of Content :

Product Overview
Research Methodology
Executive Summary
Ongoing Research on Automotive Aquaplaning Solutions
Patents Filed by Companies on Aquaplaning Solutions
Global Automotive Aquaplaning Solution Market Potential
Market Size & Forecast
By Volume
Market Size & Forecast
By ICE Vehicles (Excluding Autonomous)
By Electric Vehicles (Excluding Autonomous)
By Autonomous Vehicles
Regional Market Share and Forecast
North America
Europe
Asia-Pacific
Rest of the World
By Region
Market Dynamics
Drivers
Challenges
Market Trends and Developments
Other Technological Solutions for Automotive Aquaplaning
Policy & Regulatory Landscape (Major Countries)
Companies Involved in Automotive Aquaplaning Solution
Company Profiles (Including SWOT)
EasyRain i.S.p.A.
Robert Bosch GmbH
Italdesign Giugiaro S.p.A.
Future of Automotive Aquaplaning Solution – Qualitative Insights
ICE Vehicles
Electric Vehicles
Autonomous Vehicles
Working Principle of Aquaplaning
Internal Combustion Engines Overview
Electric Vehicle Overview
Autonomous Vehicles Overview
Advanced Driver Assistance System Overview
Research Paper on Aquaplaning
Tire Companies on Aquaplaning

Press Release : https://www.techsciresearch.com/news/7197-automotive-aquaplaning-so...




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