Since 2017, competition in Mexico’s light vehicle industry has been intensifying, as an increasing number of carmakers have opted to adapt their product portfolio to capture growing demand in the US market for light commercial vehicles. Despite uncertainty surrounding the renegotiation of NAFTA, Mexican exports of light vehicles to the US reached a new record high of 3.5mn units in 2018. Motor vehicle producers with a faster adaptation and a higher export orientation experienced the best results over the last two years, while companies that relied more on the domestic market underperformed, due to a decline in new vehicle sales in Mexico in both 2017 and 2018.

The report incorporates the study of the global E-axle market that focuses on the type of drives and type of component used in E-Axles unit. The E-axle functions on electric vehicles and integrated combustion engine. Moreover, the usage of alternative fuel and electricity in these vehicles leads to zero emissions, making them ecofriendly. The advent of electric axle unit in vehicles serves to be a paradigm shift in the modern world. Automobile manufacturers are inclined toward electric and alternative fuel vehicles due to implementation of vehicle emission regulations.

The government policies have been conducive yet stringent to encourage the sales of commercial vehicles in the region, in order to meet the rising demand from logistics, ecommerce, and construction sectors, as well as focusing more on emission norms and safety systems. The capital requirements are high for new entrants to enter the market, as the market is majorly tapped by the Japanese, Chinese, and European manufacturers, and are competing aggressively to gain competitive advantage. Access to distribution channels are moderate as the market is concentrated with new and used vehicle sales of existing brands with competitive pricing. New entrant’s strategy to launch commercial vehicles with perceived level of product differentiation remains low, as it incurs additional costs to exceed the features offered by major players.

A transceiver is a device consisting of both receiver as well as transmitter, which are combined and also share common circuitry. Three types of transceivers are deployed in automotive applications, which cover CAN transceiver, LIN transceiver, FlexRay Transceivers, and others. The global automotive transceivers market is dynamic in nature, and is expected to witness significant growth during the forecast period, owing to rise of electronic integration in automotive. Increase in trend of connected cars and rise in popularity of autonomous vehicles are anticipated to create enormous opportunities within the automotive industry for transceivers.

The automotive industry is transitioning from hardware- to software-defined vehicles, and the average software and electronics content per vehicle is increasing rapidly. Both government involvement and consumers’ demand for greater automatic control of systems have been resulting in the increased usage of electronics in vehicles. Large efforts are being deployed in the automobile industry to transform the driving experience of the consumers.

The seats used in most of the passenger and light commercial vehicles are equipped with seat back, seat base, and the head rest. These components are usually constructed from foam to provide comfort to the rider. Furthermore, different type of trims, foams, and fabric materials are used by manufacturers to provide balancing comfort, support, safety, and recycling properties. The automotive seat market has witnessed significant growth over the years, owing to rise in sales of luxurious vehicles in developing countries, surge in need of climate-controlled seat technology, and rise in need for lightweight seat frame.

According to Eurostat, over 75% of inland cargo transports within the European Union, i.e., about 1,750 billion metric ton-kilometer (tkm), travel by road. In some European countries, this percentage goes as high as 90%, or more. As a result, the demand for commercial vehicles has been continually increasing in the region, owing to growing logistics industry, as well as increasing usage of light commercial vehicles, such as vans (for ride hailing services). The underlying factor driving the growth of the light commercial vehicle market in Europe is the increased preference for pickup trucks and small vans, over heavyduty trucks and railways, for logistics.

Automotive HMI deals with all the displays, voice recognitions, and all the communications media of vehicle to humans. It provides traditional and digital display of speedometer, tachometer, fuel gauge, engine temperature, and other parameters of vehicles. The features of HMI enhance the driving and passenger experience in vehicles and helps control the electronic components in vehicles. The global automotive HMI is segmented based on products, technology, and region. Instrument cluster, central display, heads up display (HUD), and others are studied under the product segment. Depending on technology, the market is categorized into visual interface, acoustic, mechanical, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The exponential growth in the number of smart phones and mobile devices has directly created a vast base for the gamification market. This growth is also supported by the increasing recognition of gamification systems as a method to architecture human behavior, in order to induce innovation, productivity, or engagement. The use of gamification systems has also extended beyond its traditional scope of marketing, as now, they are extensively used in advance applications, like crowd sourcing.

Since the cloud collaboration is rapidly increasing across the globe, the risk associated with data breaches and cyberattacks are also rapidly ascending. This has led to companies looking forward to invest across a more secure cloud collaboration technology. For instance, Tresorit, one of the European provider of cloud security and collaboration software has raised EUR 11.5 million in September 2018 to promote an enhanced and secure cloud collaboration. This is expected to compel other industry players to boost their investments across the infrastructure security, thereby creating a positive influence on the market, over the forecast period.