The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience. Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations. Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.

Original equipment manufacturer (OEM) proprietary robot controllers are specialized devices designed by robot OEMs to control and regulate industrial robots, which perform complex point-to-point process-intensive robotic operations.They also have a unique proprietary programming language that differs from one OEM brand to the other.OEM proprietary robot controllers dominated the global robot controllers market with a share of 89.45% in 2015. This was mainly due to their high suitability for process-intensive robotic applications such as welding, machining, forging, painting and dispensing in industries such as automotive, heavy machinery manufacturing,and aerospace that have high adoption of industrial robots.In this report, Technavio covers the present scenario and growth prospects of the global industrial robot controllers market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

ADAS essentially consist of sub-systems and features that work independently or are combined together to provide assistance, which is not only restricted to safety but can also span comfort as well as a broad spectrum of convenience for drivers of modern day automobiles. ADAS are defined as those systems, which provide essential information, as well as automate difficult-to-perform or tiresome and repetitive tasks, with a goal that is not limited to enhancing the safety and security of everyone on the road, including pedestrians. This definition of ADAS is purposefully kept as fluid as possible keeping in mind the fact that the ADAS landscape is ever-changing. These constant changes are engendered by the advances in automotive as well as non-automotive electronics, besides the advent of better and smarter algorithms, which are constantly in search of near-human intelligence.

Synthetic and fire resistant hydraulic fluids, particularly water glycol fluids, are slowly gaining market share. The market for these fluids is increasing at 6% in Asia-Pacific (APAC) and at 5% in South America.Synthetic and fire-resistant fluids are characteristically merged with additives packages that have higher quantities of viscosity index modifiers in comparison to additive packages for mineral oil‐based hydraulic fluids. Viscosity index modifiers,such as polymethacrylate provides the fluid with shear stability at high temperatures. Therefore, an increase in the consumption of synthetic and fireresistant hydraulic fluids will drive the consumption of viscosity index modifiers during the forecast period.

The electrical and electronics segment accounted for the largest share of the polybutylene terephthalate (PBT) market in terms of use in 2015. It accounted for a share of around 44.5% in 2015 and will continue to be the largest segment during the forecast period owing to excellent dimensional stability, high stiffness, and good electrical properties. PBT is used in almost every electrical and electronic

application such as sockets, boards, sensor coverings, transformer insulation,switches and power sockets because of these properties. APAC held the largest share of the PBT market in 2015. It accounted for a share of around 53.6% in 2015 and will continue to dominate the market with a share of around 53.9% in 2020.PBT resins asre used in various applications in the automobile manufacturing industry such as in high-end car variants. The demand for multiple interior and exterior functions in these cars is expanding the demand for PBT in the automotive industry.The emergence of battery-powered vehicles is anticipated to drive the PBT market over the next five years due to high demand from developing nations such as China, where the demand for electric vehicles (EV) (plug-in and light) is growing rapidly. More than 214,280 EVs were sold in China in 2015, while 184,500 vehicles were sold in Western Europe, and 115,260 vehicles were sold in the US with during the same period. The growing number of EV vehicles is expected to drive the sales of PBT during the forecast period.

3-D printing is an evolving technology that caters to sectors such as automotive, education, healthcare, and aerospace. In the automotive and aerospace sectors, the use of 3-D printing enables manufacturers to make complex parts such as gears and fuel nozzles with high efficiency. This technology is expected to also find new applications in other sectors. For instance, in the medical sector, researchers are attempting to discover and identify ways to use this technology to make prosthetic parts with biological materials such as cartilage, bone, and skin.

The history of automobile suspension systems dates back to beginning of the 19th century, when automobiles were invented. That time, internal combustion engine powered vehicles were in the embryo stage and only two innovations were made to form the vehicle's suspension system. For the first time, front coil springs were used along with dampeners, which acted as shock absorbers for minimizing vibrations in vehicles. Later, suspension systems saw the use of new setup with leaf springs, which were less expensive and flexible in terms of changing shape so as to accommodate varying weights. This system was initially used by European automakers. Then came the development of independent rear suspension systems, which offered better driving with improved handling and stability characteristics. Automakers also started using air springs, which combined spring and shock absorbers into a single unit providing even better comfort, though costlier than conventional suspension systems.

A lot of events occurred in the Azerbaijani economy in 2016. In particular, Azerbaijan planned to pass to an economic model not to depend on oil in 2016.The government mainly focused on the development of the country’s export potential in 2016, namely, the expansion of non-oil goods and services and the creation of more favorable conditions in the investment sphere.Azerbaijan has recently invested billions in the development of marine, rail, automotive,communal, social infrastructure. As a result, Azerbaijan turned into a major transit country in the region.An important event of 2016 was the coordination of the details of implementing the North-South corridor project, which will become a bridge to connect the railways of Iran,Azerbaijan and Russia. Thus, the expansion of the transport routes will further increase the country's attractiveness for investors by supplying the products produced in Azerbaijan to other markets.

Uncertainty has a cycle, like everything else, which threatened to peak in 2016, as geopolitical risk took centre-stage in shaping the fortunes of global corporates. Our view: the net effects of anti-trade sentiment from growing nationalism, protectionism, and Brexit are likely to outweigh greater hope for fiscal stimulus in corporates’ investment planning.An overall stable outlook for corporate ratings in 2017 also fails to show persisting high levels of regional disparity. Net Negative Outlooks and Watches improved strongly in the U.S, but Latin American corporates are facing increasingly challenging conditions and a weakening credit trend with Negative Outlooks comprising 31% of our international rating portfolio. The slow recovery from the recession in Brazil, weak domestic growth rates in Chile, tax reforms in Colombia, and economic uncertainty in Mexico will continue to pressure ratings over the next 12 to 18 months.

The global automotive lightweight materials market will grow at a CAGR of 8.57% during the forecast period. This high growth rate is attributed to the strict regulatory norms regarding fuel efficiency and emission, and the emergence of eco-friendly vehicles that have led to the demand for automotive lightweight materials. The global automotive lightweight materials market for structural components had

the largest market share in 2015, accounting for 34% of the overall market. This segment is forecast to grow at a CAGR of 9.11% during 2016-2020. Structural components include chassis and body panels that consist majority of the automobile, making the whole skeletal structure of the vehicle.