Automotive Active Health Monitoring System Market Key Product Segments, Application Analysis and Industry Growth Forecast by 2032

 

Automotive Active Health Monitoring System Market Overview

The global automotive active health monitoring system market size is expected to rise at a CAGR of 26.9% over the forecast year 2023-2032. Increasing demand for safety features in vehicles amid rising cases of accidents is the major driver of the market. This is facilitated by efforts by governments and automakers to include health monitoring in their systems. The Effective Automotive Health Monitoring Program is one such instance which prevents possible road deaths. Rise in chronic illnesses and instances of diabetes, obesity, and emphasis on public health by automotive manufacturers can drive the market demand in the coming years.

Increased sales of luxury vehicles in North America and Europe can bolster the demand for automotive active health monitoring systems. This is supported by investments in Brazil, Argentina, and the Middle East & Africa. Initiatives in driver health monitoring such as detection of inattentiveness and drowsiness can drive its sales and lead to its implementation in more car brands.

But lack of awareness and exorbitant costs of vehicles with safety features can limit the market growth.

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Key Companies in the Automotive Active Health Monitoring System market include

• Faurecia (France)
• Tata Elxsi (India)
• Kritikal Solutions (India)
• PARKER HANNIFIN CORP (US.)
• Plessey (UK.)
• Qualcomm Technologies, Inc (US.)
• Acellent Technologies, Inc. (US.)
• FLEX LTD (India)
• NXP Semiconductors (Netherlands)
• Analog Devices, Inc. (US.)
• GENTEX CORPORATION (U.S.)

Health Monitoring System Segmentation

On the basis of component, the market has been segmented into sensors and infotainment systems. On the basis of application, the market has been segmented into blood pressure, pulse rate, blood sugar level, others. On the basis of vehicle type, the market has been segmented into passenger vehicle and commercial vehicle. Passenger vehicles accounted for a high market share due to rate of adoption and focus on ride safety. On the basis of sales channel, the market has been segmented into OEM and after-market.

Regional Analysis

Europe is estimated to hold the highest revenue market share throughout the forecast period owing to increased awareness regarding road safety, developed economies, and infrastructure availability for such systems. Moreover, high spending power of consumers enables them to invest in feature-rich vehicles, particularly luxury cars, which is a major driving factor in this region.

North America can capture a significant market share of the global automotive active health monitoring system market due to consumers in the U.S. and Canada facing major health issues. The latent potential of connected and autonomous cars can lead to its implementation by various automakers. On the other hand, Asia Pacific can capture a large market share owing to abundance of economically available workforce and large consumer base for technologically advanced cars. China and Japan are the biggest contributors of the regional market.

Automotive active health monitoring system is a novel system installed in certain variants of cars for monitoring the health of the drivers and its passengers. It uses the help of external devices for monitoring health metrics accurately and possesses the capability of calling healthcare authorities in case of an emergency. The global automotive active health monitoring system market report by Market Research Future (MRFR) contains insights and latest trends on autonomous vehicles and latest in-built technologies for the period of 2018 to 2023 (forecast period). The COVID-19 pandemic and its effects on the industry are included in the report.

Automotive Active Health Monitoring System Market Segmentation:

Automotive Active Health Monitoring System Sales Channel Outlook

• Aftermarket
• OEM

Automotive Active Health Monitoring System Vehicle Type Outlook

• Passenger Car
• Commercial Vehicle

Automotive Active Health Monitoring System Application Outlook

• Pulse Rate
• Open Automotive Active Health Monitor System
• Blood Sugar Level
• Blood Pressure
• Others

Automotive Active Health Monitoring System Regional Outlook

• North America
• US
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Australia
• Rest of Asia-Pacific
• Rest of the World
• Middle East
• Africa
• Latin America

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Airless Tires Market Trends Top Manufacturers Opportunities and Forecast to 2032

 

Airless Tires Market Overview

The global airless tires market report by Market Research Future (MRFR) contains drivers and challenges to be faced by the industry for the forecast period (2023-2032). The devastating effects of the COVID-19 pandemic and its effect on the market are also explored in detail. Airless tires are tires being manufactured by tire companies owing to their higher capacity for long rides. They cater to customer demand for non-frequent stops for checking air pressure. Tire manufacturers are launching airless tires for improving driving performance and load-bearing of cars. The Airless Tires Market industry is projected to grow from USD 0.054 Billion in 2023 to USD 0.1 Billion by 2032

The Airless Tires market is witnessing a surge in demand driven by the need for more durable and maintenance-free tire solutions across various industries and applications. Unlike traditional pneumatic tires, airless tires are designed to withstand punctures, cuts, and wear without the risk of deflation, offering enhanced reliability and safety in challenging environments. These tires utilize innovative materials such as solid rubber or composite compounds to provide superior traction and stability, making them ideal for off-road vehicles, construction equipment, and military vehicles where reliability and performance are paramount.

With increasing concerns about sustainability and the rising cost of tire maintenance, the Airless Tires market is experiencing significant growth as consumers and businesses seek cost-effective and eco-friendly alternatives. Moreover, advancements in manufacturing technologies, such as 3D printing and advanced materials engineering, are driving innovation in airless tire design, enabling manufacturers to tailor products to specific customer needs and industry requirements. As the demand for durable, maintenance-free tire solutions continues to rise, the Airless Tires market is poised for further expansion and technological advancements in the coming years.

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Airless Tires Market Scope

The global airless tires market is expected to register a CAGR of 9% over the forecast period. This is attributed to rising concerns over driver safety and large accident rates globally. Airless tires work without air pressure and are being manufactured using eco-friendly materials. Low maintenance and replacement costs of airless tires coupled with puncture resistance and driver assistance can drive market demand significantly.

Expansion of the e-commerce sector and rise of industrial vehicles can create a huge opportunity for the airless tires market. Autonomous and semi-autonomous sectors are likely to create opportunities for growth in light of rising connected systems in the transport sector.

The COVID-19 pandemic has negatively affected the market growth owing to production units of airless tire manufacturers being shut down to curb the virus. But economic stimulus packages may revive the market.

The high noise emitted by airless tires and dip in driving experience may deter market growth.

Airless Tires Market Industry News

The Smart Tire Company is planning to launch airless tires for customers in the U.S. Tires will be derived from Nitinol, a combination of nickel and titanium.

Segmentation

By product type, the airless tires are divided into bias tires and radial tires. The largest market share is held by radial tires owing to its features of higher flexibility, better shock-absorbing ability, and low fuel consumption rate. Preference of radial tires by automotive manufacturers can drive the demand in the segment.

On the basis of vehicle, the market is segmented into LCVs, HCVs, terrain vehicles, military vehicles, two-wheelers, and utility vehicles. HCVs are expected to lead in market demand owing to development of tires for rugged activities. Demand for non-pneumatic tires due to higher durability can spur the segment demand in the airless tires market.

By material, the airless tires market is segmented into plastic material and rubber material. Plastic can lead the market owing to recycling of plastic for reuse in two-wheelers.

By size, the market is segmented into 21”-25”, 26”-30”, <20”, 31”-35”, and >35”.

On the basis of sales channel, the market is segmented into OEMs and aftermarket. OEMs are likely to gain a higher market share as safety standards and durability and easy installation features offered by tire manufacturers.

Regional Analysis

North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are regions considered for the global airless tires market.

North America is expected to dominate the global market owing to early adoption of airless tires and manufacture of premium cars. Agreements between tire and automobile manufacturers may drive the market demand significantly. Re-treading of tires without replacing them can extend the lifespan of tire and may garner huge interest among customers.

Europe has assumed the second position in the airless tires market due to regards for driver safety and convenience. Installation of low-cost chips in non-pneumatic tires for increasing the safety level is expected to drive market demand in the region.

Competitive Landscape

Toyo Tire and Rubber Co. Ltd., Bridgestone Corporation, Tannus Ltd., Pirelli, The Goodyear Tire and Rubber Company, Michelin, Amerityre Corporation, Hankook Tire, Cooper Tire, and Sumitomo Rubber Industries are prominent manufacturers in the global airless tires market. Sustainable production methods and recycling techniques are expected to be the main focus of these manufacturers for lowering the carbon footprint and reducing rubber waste volumes. Joint research agreements between tire manufacturers and automotive behemoths can bolster the market growth.

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Automotive Data Logger Market Size is anticipated to increase during the Study Period of 2024-2032

 

Automotive Data Logger Market Overview:

 

The global automotive data logger market is predicted to touch USD 6.9 billion at a 7.00% CAGR between 2023- 2032, states the recent Market Research Future (MRFR) analysis. A vehicle data logger, simply put, is a powerful and flexible device that collects a diverse range of signals such as GPS, analog, CAN, and OBD. It has been designed for OEM engineering data acquisition and vehicle tests and can help to capture real-time data from different sources. These sources include speed, longitude, latitude, throttle settings, brake, RPM, and temperatures, all sans the need for user interaction or extra instrumentation for extensive time periods. 

 

Various factors are propelling the global automotive data logger market share. According to the recent MRFR report, such factors include the increase in the production of electric cars & autonomous vehicle testing, advances in technology in modern cars, an increase in the number of electronic products in cars, and burgeoning demand for real-time vehicle data. 

 

On the contrary, lack of a trained workforce, high cost of data acquisition systems, improper analyses & collection of data, and the on-going COVID-19 impact are factors that may limit the global data logger market growth over the forecast period. 

 

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Automotive Data Logger Market Segmentation

 

The MRFR report highlights an inclusive segmental analysis of the global automotive data logger market based on connection type, channels, and application. 

 

Based on the application, the automotive data logger market is segmented into post-sales and pre-sales. Of these, the post-sales application segment is predicted to lead the market over the forecast period. 

 

By channels, the automotive data logger market is segmented into FlexRay, LIN, CAN FD, and CAN. Of these, the Ethernet channels segment will dominate the market over the forecast period owing to its faster data transfer speed. 

 

By connection type, the global automotive data logger market is segmented into Bluetooth/Wi-Fi, USB, and SD card. Of these, the Bluetooth/Wi-Fi connection type segment will have a major share in the market over the forecast period, followed by the SD card segment that is predicted to grow at the fastest pace over the forecast period. 

 

Automotive Data Logger Regional Analysis 

 

Based on the region, the global automotive data logger market report covers the recent trends and growth opportunities across the Asia Pacific (APAC), the Americas, Europe, & the Middle East and Africa. Of these, the Americas will have the lions share in the market over the forecast period. The increasing use of electric cars due to growing concerns about the environment, vendors’ enthusiasm to adopt current technologies, and frequent technological advancements are adding to the global automotive data logger market growth in the region. 

 

The global automotive data logger market in Europe is predicted to hold the second-largest share over the forecast period. Increasing sales of electric cars, coupled with the quick adoption of electronic architectures, are adding to the global automotive data logger market growth in the region. 

 

The automotive data logger market in the APAC region is predicted to grow at a healthy CAGR over the forecast period. Rapid industrialization, infrastructural developments, and the region being an automobile production hub are adding to the market growth. 

 

The automotive data logger market in the MEA is predicted to have steady growth over the forecast period. 

 

Automotive Data Logger Key Players 

 

Eminent players profiled in the global automotive data logger market report include Transtron Inc. (Japan), myCarma (Canada), NSM Solutions (India), Influx Technology (the U.K.), MadgeTech, Inc (the U.S.), Ipetronik GmbH & Co. KG. (Germany), MEN Micro Inc. (the U.S.), Danlaw Technologies India Limited (India), HEM Data Corporation (the U.S.), Dewesoft d.o.o. (Slovenia), Intrepid Control Systems, Inc. (the U.S.), Xilinx (the U.S.), TTTech Computertechnik AG (Austria), National Instruments (the U.S.), Racelogic (the U.K.), Harman International (the U.S.), Continental Automotive GmbH (Germany), Vector Informatik GmbH (Germany), Delphi Technologies (the U.K.), and Robert Bosch GmbH (Germany), among others. 

 

Automotive Data Logger MARKET SEGMENTATION

BY Channel

CAN & CAN FD

 LIN

 FlexRay

 Ethernet,

BY Connection Type

USB

 SD Card

 Bluetooth/Wi-Fi

 Cellular Modem

BY Application

On-Board Diagnostics

 ADAS & Safety

 Fleet Management

 Automotive Insurance

FACTORS STUDIED FOR MARKET FORECAST

Drivers:

Use of advanced electronic architecture in modern vehicles

  Increased incorporation of technologically advanced solutions in automotive industry

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Off-Road High-Performance Vehicle Market Will Generate Booming Growth Opportunities to 2032

 

Off-Road High-Performance Vehicle Market Overview

The global Off-Road High-Performance Vehicle Market size. The off-road vehicle industry, although still convalescing from the recession's aftermath, is currently in the midst of a transformative resurgence. The surge is prominently marked by a burgeoning appetite for both motorcycles and four-wheelers, particularly those endowed with off-road high-performance capabilities.

The market for off-road high-performance vehicles is anticipated to expand at a compound annual growth rate (CAGR) of 6.00% between 2023 and 2032, from USD 8.37 billion in 2023 to USD 13.35 billion.

Yamaha, a dominant force, leads the charge in the off-road high-performance vehicle arena, boasting a substantial market share of nearly 30%. In close pursuit is Honda, capturing an approximate market share of 23%. Yamaha's WR450F emerges as an epitome of excellence among off-road high-performance vehicles, while YZ250F exerts its dominance in motocross sales charts. The motorcycle industry, in recent years, has been traversing a trajectory of stabilization. The industry, as a whole, is poised for an impending resurgence, fueled by an accelerating demand, with off-road high-performance vehicles acquiring an escalating allure among discerning individuals.

With every major motorcycle manufacturer focusing on product growth and innovation in their Off-road segments, the market has become swamped with high-quality products in a variety of price ranges. The declining global scooter market is another indicator of increased market acceptance of entry-level motorcycles by new customers. Honda, a major automobile manufacturer, generates a large portion of its sales from its motorcycles division (USD 410 million), of which off-road high-performance vehicles are a significant segment.

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What is the demand for off-road high performance vehicles?

The demand for off-road high performance vehicles (ORVs) is growing rapidly, driven by a number of factors, including:

• Increased disposable incomes: Rising disposable incomes have led to increased spending on recreational activities, including off-roading.
• Growing popularity of outdoor recreation: Outdoor recreation is becoming increasingly popular, and ORVs are a popular way to access remote and off-road areas.
• Expanding availability of ORVs: ORVs are becoming more affordable and accessible, which is driving demand for these vehicles.
• Improved performance and features: ORVs are becoming more powerful and technologically advanced, making them more appealing to consumers.
• Increased visibility of ORV sports and activities: ORV sports and activities are gaining more visibility through social media and other channels, which is driving interest in ORVs.

The demand for ORVs is particularly strong in North America, where there is a long history of off-roading and a large number of ORV enthusiasts. However, the demand for ORVs is also growing in other regions, such as Europe, Asia Pacific, and Latin America.

The key players in the global ORV market include:

• Polaris
• BRP
• Textron (Arctic Cat)
• Yamaha
• Honda
• Kawasaki
• Suzuki
• Can-Am
• John Deere
• Mahindra & Mahindra
• Force Motors

The global ORV market is expected to grow steadily in the coming years, driven by the factors mentioned above. The market is also expected to benefit from the increasing popularity of electric ORVs and the growing adoption of new technologies in the ORV industry.

Here are some specific examples of the growing demand for off-road vehicles:

• In the United States, sales of off-road vehicles reached a record high in 2022.
• The popularity of off-road racing and other ORV sports is growing rapidly.
• The number of off-road trails and recreation areas is increasing worldwide.
• The availability of off-road rental and tour companies is growing.

The recent shift in the preference for mileage to vehicle looks and features is also projected to result in the high demand for off-road motorcycles. The global Off-Road High-Performance Vehicle Market Share is expected to expand during the forecast period as a result of rising population, rapid industrialization, and aggressive expansion of the manufacturing sector.

COVID-19 Impact on the Global Off-Road High-Performance Vehicle Market Share

Implementation of a series of regulations by governments of different nations to battle the COVID-19 crisis, such as a full shutdown of manufacturing units, is found to impact the growth of the global off-road high-performance vehicle industry.

Off-Road High-Performance Vehicle Market Share Segmentation

The global off-road high-performance vehicle industry has been segmented into channel and application.

Based on the channel, the global Off-Road High-Performance Vehicle Market Share has been segmented into original equipment manufacturers and aftermarket.

Based on application, the global Off-Road High-Performance Vehicle Market Share has been segmented into recreation and defense.

Regional Analysis

In a geographically stratified fashion, the worldwide domain of off-road high-performance vehicles finds itself divided into the realms of North America, Europe, Asia Pacific, and the residual domains of our planet.

Intriguingly, the thriving automotive industry within the vast expanse of the Asia Pacific region has managed to captivate the attention and investments of major manufacturers. This spellbinding development portends a swift and substantial expansion of the Off-Road High-Performance Vehicle Market Share during the forthcoming forecast period. It is imperative to underscore the heightened level of comprehension exhibited by individuals regarding off-road motorcycle events, as this heightened awareness is poised to catalyze a burgeoning demand in this geographic sphere.

The market, a crescendo of progress, has witnessed a rapid proliferation over the past biennium, propelled by the uptick in motorcycle sales, a deliberate pivot of global automotive conglomerates toward this region, and the advent of pioneering technological innovations. These innovations, like a gust of wind beneath the wings of the automotive off-road high-performance sector, offer the much-needed propulsion to ascend to loftier heights. The Asia Pacific terrain, although still embryonic in its development concerning off-road high-performance vehicles, harbors the promise of significant growth on the horizon throughout the anticipated forecast duration.

Summary

The global Off-Road High-Performance Vehicle Market Share is anticipated to expand at a significant pace from 2023 to 2032 (forecast period). The recent change in preference for mileage to vehicle looks and features is also anticipated to result in high demand for off-road motorcycles. The global Off-Road High-Performance Vehicle Market Share is anticipated to expand during the forecast period as a result of rising population, rapid industrialization, and aggressive expansion of the manufacturing sector.

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Automotive Roof Racks Market 2024 - 2032 Analysis by Regions, Types and Application

 

Automotive Roof Racks Market Overview:

 

The global automotive roof racks market share is predicted to develop at a healthy 6.69% CAGR between 2023- 2030, states the recent Market Research Future (MRFR) analysis. An automotive roof rack, simply put, is a carrier or stand that is fixed over the car top for holding or supporting goods or luggage on the top of the car for effective transportation at the time of traveling. Automotive roof racks include pillars, rail, and mount. It is generally made of composite plastic, aluminum alloy, and others and finds wide applications in passenger cars as well as commercial vehicles.

 

Various factors are propelling the global Automotive Roof Racks Market Shareshare. As per the current MRFR report, such factors include low maintenance cost, low operational cost, flexibility, development of durable and lightweight roof racks by manufacturers to cut down the weight of the car, an increasing number of tourists worldwide, rise in disposable income, and increasing preference for recreational and outdoor activities. 

 

On the contrary, the rise in fuel consumption, increase in car weight for the use of heavy roof racks, and the ongoing COVID-19 impact are factors that may limit the global Automotive Roof Racks Market Sharegrowth over the forecast period. 

 

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Automotive Roof Racks Market Share Key Players

Yakima Products Inc. (U.S.)

·     JAC Products (U.S.)

·     BOSAL (Belgium)

·     Rhino-Rack (U.S.)

·     Atera GmbH (Germany)

·     Cruzber S.A (Spain)

·     MINTH Group Limited (China)

·     VDL Hapro BV (Netherlands)

·     Magna International, Inc. (Ontario)

·     Thule Group (Sweden)

 

Automotive Roof Racks Market Share Segmentation

 

·        The MRFR report offers an inclusive segmental analysis of the global Automotive Roof Racks Market Sharebased on type, material, and application. 

 

·        By type, the global Automotive Roof Racks Market Shareis segmented into roof mount, gutter, rail raised, and others. 

 

·        By material, the global Automotive Roof Racks Market Shareis segmented into composite plastic, aluminum alloy, and others. 

 

·        By application, the global Automotive Roof Racks Market Shareis segmented into passenger cars and commercial vehicles. Of these, commercial vehicles will lead the market over the forecast period. 

 

Regional Analysis 

 

Based on the region, the global Automotive Roof Racks Market Sharereport covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Among these, North America will spearhead the market over the forecast period. Increasing adoption of cycling, especially in the US, the growing use of snowboards, rising sales of passenger cars, burgeoning demand for new cars, shifting preference of auto manufacturers to higher-value pickups & SUVs from small cars, and low fuel price and low-interest rate in the automotive market in the US are adding to the global Automotive Roof Racks Market Sharegrowth in the region.

 

China will hold the maximum share in the market over the forecast period as it is a key automotive market, increased production of commercial and passenger cars in China, rising production of cars, and new & trade-friendly policies developed by car makers in China. 

 

The global Automotive Roof Racks Market Sharein Europe is predicted to have the second-largest share over the forecast period. Booming automotive sector is adding to the global Automotive Roof Racks Market Sharegrowth over the forecast period. 

 

The global Automotive Roof Racks Market Sharein the APAC region is predicted to have favorable growth over the forecast period. Increase in car production, growing sales of cars for the boost in disposable income, burgeoning demand for cars from the tourism industry, and the booming tourism sector are adding to the global Automotive Roof Racks Market Sharegrowth in the region. 

 

The global automotive roof racks market in the RoW is predicted to have sound growth over the forecast period. 

 

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