The global automotive switch market was valued at USD 23.76 billion in 2017, and is expected to reach USD 38.96 billion by 2023, registering a CAGR of 8.59%, during the forecast period (2018-2026).

The pressure sensitive tapes market value chain consists of raw material suppliers, manufacturers, product distributors, and end–users. These tapes are used for interior and exterior applications such as bonding and paint protection in building & construction and automotive industries. Pressure sensitive tapes market is characterized by the presence of a large number of companies across each stage of the value chain. The analysis of the value chain commences with raw material suppliers, which include companies like BASF SE and Henkel, engaged in providing products such as paper, adhesives, and release liners. Value addition in this stage occurs through the processing and production of advanced grades of the aforementioned materials. The physical and/or chemical requirements are tailored specifically in order to facilitate the use of these materials in the production of pressure sensitive tapes.

Asia Pacific high purity manganese sulfate monohydrate market registered 17,691.3 tons consumption in 2016 and is expected to reach 24,777.2 tons by 2025, denoting a CAGR of 3.9% from 2017 to 2025. High purity manganese sulfate monohydrate finds application in cathode active material of batteries to operate electronic products. Moreover, the growing automotive and electronics industries and rising demand for power storage systems in the region are likely to have a positive impact on the market growth.

The report incorporates the study of the global low speed electric vehicle market that focuses on the type of electric vehicles and alternative fuels used in different vehicles. The low speed electric vehicle functions on electricity and does not use conventional fuels, such as gasoline or diesel, as its power source. Moreover, the usage of alternative fuel and electricity in these vehicles leads to zero emissions, making them ecofriendly. The advent of low speed electric vehicles is a paradigm shift in the modern world. Automobile manufacturers are inclined toward electric and alternative fuel vehicles due to increase in vehicle emission regulations. The global low speed electric vehicle market is segmented based on vehicle type, end user and geography. Based on the vehicle type, it is categorized into passenger, heavy duty vehicles, utility vehicle, and off road vehicles.

Rising construction industry especially in emerging economies such as China, India, and Japan is expected to positively drive the market over the forecast period. Fiber reinforced polymer composites are made up of fiber reinforced polymer matrix. The polymers utilized for the manufacturing of fiber reinforced polymer composites (FRPC) include, phenol formaldehyde resins, thermosetting plastic, polyester, vinylester, and epoxy. FRPCs are majorly used in various industries such as, aerospace, marine, automotive, and construction.

Turkey is home to 14 motor vehicle producers and over 400 automotive industry suppliers. The automotive manufacturers have a total of 18 production plants in the country, located mainly in the northwestern and central parts of Turkey. The competition in the sector intensified in the late 1990s, when Toyota, Honda and Hyundai opened their plants in the country. The new entrants had to compete with the already established players Ford, Mercedes Benz, MAN, Renault and Fiat, the majority of which had formed joint ventures with local producers.

The passenger car segment of the automotive market is highly competitive with many international players present. The CV segment is less competitive with several brands, predominantly local, absorbing the majority of sales. As the automotive sector emerges from the crisis, local brands lose market share at the expense of foreign ones with established local manufacturing plants. This is observed on both the PC and the truck segments.

At a segment level, Emerging Europe’s automotive market is dominated by passenger cars, accounting for 87% of the region’s total motor vehicle manufacturing and for 83% of sales in 2017. Every third automobile in Europe is assembled in Emerging Europe, with total passenger car output in the region rising by 7.2% y/y to 6.6mn units in 2017. The region’s largest car maker is the Czech Republic, where output rose by 5.2% y/y to a new all-time-high of 1.4mn passenger cars in 2017. The strong performance came on the back of a record output at the country’s major carmaker Skoda Auto, which makes nearly two-thirds of the cars in the Czech Republic. Russia was Emerging Europe’s second biggest car maker in 2017, assembling 1.3mn cars, up by 19.9% against 2016. A 20.2% y/y growth helped Turkey climb to the third spot with a car output of 1.1mn units. Slovakia, on the other hand, slipped to the fourth position as output there fell by 3.7%. Slovakia is one of the two automotive producers in the region that is solely engaged in the production of passenger cars. The other one is Slovenia, which produced nearly 190,000 cars in 2017, up 42% y/y, the strongest annual growth in the region in that year.

The global automotive night vision system market is evolving along with the changing dynamics of the automotive industry. In terms of revenue, the global automotive night vision system market is expected to grow at a CAGR of 15.31% during 2018−2024. Safety and security have always been the core of automotive manufacturing. Automotive manufacturers have constantly been striving to make the current and future generations of vehicles smarter and more secure. This has triggered a transition from minimal electronic content to hybrid and electric drivetrains controlled by multiple sensors and computer systems. These systems control everything from engine temperature, suspension, steering control, acceleration/deceleration of the vehicle, and lighting, among others.

The increasing use of automotive memories in infotainment and connectivity, instrument clusters, powertrains, ADAS, and other applications is driving the global automotive memory market in recent years. In 2018, the infotainment and connectivity segment dominated the global automotive memory market with a 52.5% share in terms of revenue. The market share of this segment is expected to increase to 52.56% by 2024, growing at a CAGR of 23.62% during the forecast period. Instrument cluster was the second largest segment in the global automotive memory market and accounted for a 23.5% share in terms of revenue in 2018. The market share of this segment is expected to reach 22.54% by 2024.