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APAC Automotive Integrated Antenna System Market to Reach $393.4 million at CAGR of 12.81% by 2031

In the ever-evolving landscape of the automotive industry, technological advances have significantly influenced the way vehicles operate and communicate. Among these innovations, Automotive Integrated Antenna Systems (AIAS) have emerged as a crucial component, revolutionizing the connectivity and communication capabilities of vehicles across the Asia-Pacific (APAC) region.

The  Asia-Pacific automotive integrated antenna system market  (excluding China) is projected to reach $393.4 million by 2031 from $132.9 million in 2022, growing at a CAGR of 12.81% during the forecast period 2022-2031. Advanced driver assistance systems (ADAS) and technology improvements are anticipated to fuel the growth of the automotive integrated antenna system market.

Key Components of Automotive Integrated Antenna Systems

  1. GPS Antennas : Facilitate precise location tracking and navigation systems.

  2. Cellular and Wi-Fi Antennas : Enable seamless connectivity for data transmission, internet access, and entertainment services.

  3. AM/FM/DAB Antennas : Ensure high-quality radio reception and audio entertainment.

Market Segmentation:

Segmentation 1: by Vehicle Type
Segmentation 2: by Antenna Type
Segmentation 3: by Component
Segmentation 4: by Antenna Design
Segmentation 5: by Connectivity
Segmentation 6: by Frequency
Segmentation 7: by Country

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Increasing Adoption of Connected Vehicles

The APAC region has witnessed a surge in the adoption of connected vehicles equipped with AIAS. The integration of advanced communication technologies has transformed vehicles into smart, connected platforms, offering enhanced safety features, infotainment, and real-time data exchange.

Growing Demand for Autonomous Driving

The rise in demand for autonomous vehicles in the APAC region has bolstered the need for robust communication systems. AIAS plays a pivotal role in providing reliable connectivity for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, essential for autonomous driving functionalities.

Emphasis on Enhanced User Experience

Automakers are focusing on delivering enhanced user experiences through seamless connectivity and infotainment services. AIAS enables the integration of multiple antennas without compromising on aesthetics, contributing to a more streamlined and sophisticated vehicle design.

Technological Advancements and Collaborations

Opportunities for market growth lie in technological advancements such as 5G integration and collaborations between automakers and technology providers. These collaborations aim to develop AIAS solutions that cater to evolving consumer demands for faster connectivity and expanded functionalities.

Access More:  Get Detailed Insights on Connected Vehicle Market Research Reports 

Future Outlook

The APAC Automotive Integrated Antenna System Market is poised for substantial growth and innovation. The integration of AIAS into vehicles is expected to evolve further, driven by advances in communication technologies, increased connectivity requirements, and the proliferation of connected and autonomous vehicles.

In conclusion, Automotive Integrated Antenna Systems play an integral role in shaping the future of vehicles in the APAC region. As the automotive industry continues to embrace connectivity and advanced technologies, AIAS will remain a pivotal component, enhancing communication capabilities and paving the way for smarter, more connected vehicles on the roads of tomorrow. 

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Electric Vehicle Battery Formation and Testing Market Stats from 2023-2032

The global automotive industry is experiencing a paradigm shift towards sustainable transportation, with electric vehicles (EVs) at the forefront. One of the critical components dictating the success and efficiency of electric vehicles is their battery systems. The Electric Vehicle Battery Formation and Testing Market play a pivotal role in ensuring the reliability, performance, and safety of these battery systems. This market segment has witnessed significant evolution and innovation, underlining its crucial importance in the proliferation of electric mobility.

The electric vehicle battery formation and testing market was valued at $1.42 billion in 2022, and it is expected to grow at a CAGR of 16.59% and reach $6.46 billion by 2032. The growing demand for electric vehicles in developing markets, stringent regulatory requirements imposed by governments on the electric vehicle industry, and consistently increasing instances of vehicle recall due to component failure are all driving this market's expansion. Furthermore, the increasing introduction of electric cars, rising customer perception of product quality and safety, and incorporation of technology advances with the rising adoption of connected devices in the electric vehicle industry are all providing opportunities for market players to expand. However, the shortage of professional resources and changing regulations/standards in various regions can hinder the development of this industry. 

Passenger Vehicle to Dominate the Electric Vehicle Battery Formation and Testing Market (by Vehicle Type)

Passenger vehicles are the most common mode of conveyance in developed countries, and they are increasing in numbers in developing countries as well due to increasing per capita income. EV manufacturers are frequently launching new passage vehicle models, and increasing disposable income in emerging economies is supporting the adoption of EVs in the passenger vehicle industry.

Testing Application to Dominate the Electric Vehicle Battery Formation and Testing Market (by Application)

Electric vehicle batteries require rigorous safety checks for safe installation and integration with systems. A wide range of testing is required after the actual battery formation process, right from a charging infrastructure to the battery of the vehicle, and to make sure the battery is in line with the industry standards. Therefore, testing is the largest application within the electric vehicle battery formation and testing market and is anticipated to maintain its dominance during the forecast period 2023-2032.

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Lithium-Ion to Dominate the Electric Vehicle Battery Formation and Testing Market (by Battery Chemistry)

Lithium-ion batteries lead the electric vehicle battery formation and testing market due to their superior energy density, which enables longer ranges without significant increases in weight or size. They are lighter, more compact, and offer better performance and charge/discharge efficiency than nickel-metal hydride batteries. Lithium-ion batteries also boast a longer lifespan, contributing to the overall durability and cost-effectiveness of electric vehicles. Ongoing advancements in lithium-ion technology, including improvements in safety and cost, further solidify their position as the preferred choice for electric vehicle manufacturers.

In-house Sourcing to Dominate the Electric Vehicle Battery Formation and Testing Market (by Sourcing Type)

The in-house sourcing type is anticipated to attain the biggest market share over the forecast period as a result of businesses' experience in carrying out in-house battery testing activities under total control. Additionally, in-house sourcing's cost-effective assessment strategy guarantees higher levels of customer satisfaction and aids government organizations in being more productive. 

China to Dominate the Electric Vehicle Battery Formation and Testing Market (by Region)

China leads the electric vehicle battery formation and testing market for several reasons. The country has strategically positioned itself as a global leader in electric mobility, fostering an environment conducive to innovation and production. Government policies and incentives, including subsidies and regulations promoting electric vehicle adoption, have accelerated the growth of the electric vehicle market in China. Additionally, robust investment in research and development, coupled with significant advancements in battery technology, has allowed regional companies to stay ahead in the development of electric vehicle batteries. China's dominance is also reflected in the production of key battery materials, such as lithium-ion cells, which are essential for electric vehicles. Furthermore, the presence of a well-established manufacturing infrastructure and a large domestic market for electric vehicles contributes to China's leadership in the electric vehicle battery formation and testing market.

Access More: Detailed Insights on Electric Vehicle Market Research Reports

Competitive Landscape

In order to gain market share, major testing companies are making various kinds of strategic moves. Some key highlights from BIS Research with respect to manufacturers of synthetic leather surface materials for the transportation market are as follows: 

  • Siemens AG, TÜV SÜD, SAP SE, and ABB are some of the leading players globally.

  • Element Materials Technology, Tulip Batteries, and HORIBA Ltd. are some of the emerging private companies.

  • Partnerships, collaborations, and joint ventures have been the most preferred strategy in the market. 

  • Apart from partnerships, collaborations, and joint ventures, expanding business and new product launches are the other strategies being implemented.

  • Most of the players have tie-ups with various batteries and electric vehicles OEMs.

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Thermal Management Market for ADAS Thriving Research Methodology by 2023-2033

In the ever-evolving landscape of automotive technology, Advanced Driver Assistance Systems (ADAS) have emerged as a game-changer, revolutionizing the way we perceive vehicle safety and functionality. As vehicles become smarter and more autonomous, ensuring the optimal performance and reliability of these systems is paramount. One critical component playing a pivotal role in enhancing ADAS effectiveness is Thermal Management Systems.

The thermal management market for ADAS was valued at $151.2 million in 2022, and it is expected to grow at a CAGR of 24.06% and reach $1,409.5 million by 2033. he growth in the thermal management market for ADAS is expected to be driven by growing demand for autonomous driving and ADAS sensors, rising developments, and integration of autonomous vehicles in public transport for semi-autonomous and autonomous vehicles.

The Essence of ADAS and its Thermal Challenges

ADAS encompasses an array of cutting-edge technologies designed to assist drivers in various aspects of driving, including collision avoidance, lane departure warning, adaptive cruise control, and automated parking. These systems heavily rely on sensors, cameras, LiDAR (Light Detection and Ranging), and radar to gather and process data, enabling vehicles to make informed decisions in real-time.

However, the efficient operation of these sensors and components is contingent upon maintaining optimal temperature conditions. Extreme weather conditions, such as excessive heat or cold, can adversely affect the accuracy and performance of ADAS. For instance, high temperatures can lead to sensor malfunction or reduced sensitivity, while extreme cold can affect the response time of these systems, posing potential safety risks.

The Role of Thermal Management Systems

Thermal management systems act as the unsung heroes behind the scenes, ensuring the reliability and functionality of ADAS components in diverse environmental conditions. These systems employ various technologies and solutions to regulate temperatures within specific ranges, safeguarding the performance of critical sensors and components.

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  1. Liquid Cooling Systems: Employing coolants to absorb and dissipate heat from electronic components, liquid cooling systems help maintain optimal operating temperatures for sensors and other ADAS elements. This technology ensures consistent performance even in high-temperature environments.

  2. Thermal Insulation and Shielding: Insulating materials and shields are utilized to protect sensitive ADAS components from extreme temperatures, minimizing the impact of external environmental factors on their functionality.

  3. Smart Thermal Control Systems: Advanced control systems monitor temperature fluctuations and adjust cooling mechanisms in real-time, optimizing performance and ensuring the longevity of ADAS components.

Market Growth and Future Prospects

The market for thermal management systems in ADAS is experiencing robust growth, owing to the increasing integration of ADAS in modern vehicles and the growing demand for reliable and efficient safety features. Market reports project a significant expansion, with estimates indicating substantial market value in the coming years.

The proliferation of electric and autonomous vehicles further drives the demand for advanced thermal management solutions. Electric vehicles, in particular, rely heavily on thermal management to regulate battery temperatures and ensure optimal performance, highlighting the multifaceted importance of these systems in the automotive industry.

Market Segmentation:

Segmentation 1: by Vehicle Type

Segmentation 2: by Propulsion Type

Segmentation 3: by Level of Autonomy

Segmentation 4: by Sensor Type

Segmentation 5: by Product Type

Segmentation 6: by Region

Challenges and Innovations

Despite the advancements in thermal management technology, challenges persist. The need for more compact and lightweight solutions, especially in the context of electric vehicles with limited space, remains a priority. Additionally, ensuring cost-effectiveness without compromising performance is a constant challenge for manufacturers.

Access More: Detailed Insights on Autonomous Vehicle Market Research Reports

However, ongoing research and development efforts are addressing these challenges, paving the way for innovative solutions. Advancements in materials science, the integration of AI-driven predictive algorithms, and collaborations between automotive manufacturers and technology providers are driving innovation in thermal management systems for ADAS.

Some of the prominent names in Thermal Management Market for ADAS are:

•    3M
•    DuPont
•    Dow
•    Avient Corporation
•    Momentive
•    PARKER HANNIFIN CORP
•    bdtronic
•    Henkel AG & Co. KGaA
•    Wacker Chemie AG
•    MG Chemicals

Conclusion

The evolution of Advanced Driver Assistance Systems represents a significant leap forward in automotive safety and technology. Within this landscape, thermal management systems serve as indispensable enablers, ensuring the reliable and efficient operation of critical ADAS components.

As the automotive industry continues its march towards autonomous and electric vehicles, the demand for sophisticated thermal management solutions will only intensify. Through continuous innovation and collaborative efforts, the industry is poised to overcome challenges, providing safer, more reliable, and efficient ADAS technology, thereby shaping the future of automotive safety and mobility.

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Mobility As A Service Market Research Methodology Forecast to 2022-2031

Mobility as a Service is a comprehensive transportation concept that integrates various modes of transportation into a single, user-centric platform, often accessible through a smartphone app. It aims to simplify and enhance urban mobility by offering a seamless and interconnected experience for travelers. Users can plan, book, and pay for their entire journey, including public transit, ridesharing, bike-sharing, and more, within one app. MaaS promotes sustainable and efficient transportation options, reduces traffic congestion, and enhances the overall convenience of getting from one place to another, ultimately contributing to more sustainable and accessible urban transportation ecosystems.

The global mobility as a service market  was estimated to be at $39.23 billion in 2021, which is expected to grow with a CAGR of 25.7% and reach $379.66 billion by 2031. The growth in the global mobility as a service market is expected to be driven by rising urbanization and smart city initiatives, increasing adoption of on-demand mobility services, the growing trend of smart mobility with better in-vehicle facilities, and increasing parking problems, and emphasis on reducing CO2 emissions.

Impact of Mobility As A Service Market

  • Mobility as a service (MaaS) is a futuristic modern transportation service, with a complex network of collaborators, strategists, and technicians making up the ecosystem. The on-demand insured ride with accompanying value-added features is a key aspect of this service. It also provides customers with various options, including commuting types, pricing options, service duration, driver selection, and real-time journey optimization, among others.
  • Government regulations and a growing focus on smart city projects are driving the use of mobility as a service. New regulations are being drafted to stimulate the use of mobility as a service in transportation. France is at the forefront of new mobility schemes and mobility as a service model development.
  • The adoption of MaaS is expected to facilitate numerous changes, such as reducing vehicles on the road, owning vehicles on a contract basis, boosting optimization, utilizing existing infrastructure for different economic scales, and reduction in personally owned vehicle expenses. For instance, carpool not only reduces the overall running cost of the vehicle through a shared operating cost of the vehicle but also reduces the number of vehicles on the roads. Additionally, the customer experience is enhanced since MaaS offers innovative and diversified modes to commuters from different economic backgrounds.

Market Growth and Dynamics

The Mobility as a Service market has witnessed exponential growth in recent years, driven by factors such as rapid urbanization, technological advancements, changing consumer preferences, and growing environmental awareness. According to various market reports, the global MaaS market size is projected to reach significant figures by the end of the forecast period, with notable growth opportunities across different regions.

One of the primary drivers of MaaS adoption is the increasing congestion and pollution levels in urban areas. By providing efficient alternatives to private car ownership, MaaS contributes to reducing traffic congestion, lowering emissions, and promoting sustainable transportation practices.

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Passenger Transportation Segment Accounts for Majority of The Market

Mobility as a service by application encompasses passenger transportation, freight transportation, and micro-mobility. Among these, the passenger and transportation segment accounted for the largest market share, with the rise in population growth in urban areas requiring an efficient and reliable way to transfer passengers from one point to another. Moreover, the growing number of users who prefer car-sharing services is also a major factor boosting the market.

China to Witness the Highest Growth in the Market During the Forecast Period (2020-2031)

The mobility as a service market holds a significant share in different regions of North America, China, and Europe, owing to the availability of fast commuting options across the regions. China is leading in the Asian market and has been investing heavily in smart transportation infrastructure and planning more investments to improve urban transportation. The demand for mobility as a service varies according to various regions, depending on the end-use application segment demand.

Competitive Landscape 

The competitive landscape of the MaaS market consists of different strategies undertaken by major players across the industry to gain market presence. Some of the strategies adopted by MaaS providers are new product launches, business expansions, partnerships, and collaborations. Among all the strategies adopted, partnership has been the most prominent strategy adopted by the MaaS providers. For instance, in April 2022, Capitello Move and MaaS Global signed a strategic partnership to launch the world's first eco-friendly mobility platform. Moreover, in June 2021, Grab, a mobility services provider, further enhanced the partnership with Hyundai to encourage utilization of MaaS and accelerate EV adoption, especially in Singapore, Indonesia, and Vietnam.

To increase their overall global footprint, MaaS providers are expanding their businesses and are also merging to increase their customer base. In March 2022, MaaS Global acquired Quicko, the leading MaaS player in Brazil. Whim and Quicko are both on a mission to transform the global transport sector by providing people in cities with a more sustainable alternative to a private car. Moreover, in January 2022, Arval and Ridecell entered into a strategic partnership. The aim is to accelerate the development of end-to-end mobility solutions for Arval's European customers.

Uber, Lyft, Ola, Grab, and BlaBlaCar are some of the leading players in the MaaS market. In June 2021, Grab, a mobility services provider, further enhanced the partnership with Hyundai to encourage utilization of MaaS and accelerate EV adoption, especially in Singapore, Indonesia, and Vietnam.

Key Questions Answered in the Report:

  • What are the driving factors for the global mobility as a service market from 2020 to 2031?
  • What are the major challenges and growth opportunities for MaaS within the mobility market?
  • What are the impacts of the COVID-19 pandemic on this industry?
  • Who are the major players, and what strategic measures have been taken to increase market penetration and market share? What are the key developmental strategies implemented by the key players to sustain in the competitive market?
  • Which product type or solution will lead the global mobility as a service market by 2031?

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On-Board Charger Market Research Is Expected to Increase Growth Steadily by 2032 | Bis Research

The evolution of vehicle engine propulsion technology, from coal-fired engines to gasoline- and electric-fired engines, has undoubtedly influenced the economy in crucial ways. Ultimately, this evolution has improved the automotive industry’s operational capabilities, including enhanced safety measures, connectivity, cost reduction, and consumer convenience. With the changing behavior of consumers as well as more stringent environmental regulations, the global automotive industry is undergoing extensive transformation.

The global on-board charger market is expected to reach $43.94 billion by 2032 from $2.16 billion in 2021, growing with a CAGR of 29.54% during the forecast period 2022-2032. Due to the rapid depletion of natural resources (especially fossil fuels), there has been a growing need for alternate energy to reduce the reliance on fossil fuels for transportation. As a result, governments, environmental agencies, and automobile manufacturers have developed alternative fuel vehicles, and consumers have accepted the electric vehicle (EV) as an alternative option, which has evolved from a niche solution into a practical choice for mobility in the 21st century. EV manufacturers are focused on developing energy-efficient, cost-effective, and compact drivetrain components, such as inverters, on-board chargers, microcontrollers, and rectifiers. An on-board charger (OBC) is a key component in any electric vehicle powertrain that manages the energy flow from a power grid to the battery inside the vehicle.

Passenger Vehicles Segment Expected to be Dominant over Commercial Vehicles throughout the Forecast Period

The use of on-board chargers is mainly categorized into two vehicle types of EVs, i.e., passenger vehicles and commercial vehicles. The passenger vehicles segment is expected to be the leading segment in the market as the sales of electric passenger vehicles are anticipated to increase globally. Commercial vehicles considered for this report consist of light electric vehicles, heavy buses, and heavy trucks. Production and sales of passenger vehicles are anticipated to be higher than commercial vehicles, as more users are rapidly adopting EVs and exchanging their IC engine vehicles for EVs due to their cost efficiency and various government subsidies, among others.

Battery Electric Vehicles (BEVs) Expected to Dominate the Global On-Board Charger Market for EVs

The global on-board charger market encompasses two major types of electric vehicles, i.e., plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). These vehicle types are present in the form of both passenger and commercial vehicles. While PHEV models have been present in the market for many years, the development of battery technology along with government norms for increased vehicle efficiency has led to an increase in the adoption of BEVs as they are powered solely by the battery systems in the vehicle. The sales of BEVs are anticipated to increase compared to PHEVs due to the decreasing cost of such pure electric vehicles and the development of EV infrastructure in various countries. The rise of BEVs makes it more crucial for automotive OEMs to ensure that the on-board charger in the EVs can optimize the driving system.

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Unidirectional Expected to Dominate the Global On-Board Charger Market for EVs

Unidirectional on-board chargers hold a most significant market share in the global on-board charger market. The demand for bidirectional on-board chargers has increased drastically in recent years. It is owing to the different bidirectional charging options such as vehicle to grid (V2G), vehicle to load (V2L), and vehicle to vehicle (V2V). Most manufacturers in the market have already started offering different variants in the bidirectional on-board charger segment. At the end of the forecast period, more than three-fourths of the on-board chargers will be bidirectional.

Asia-Pacific and Japan to Witness Fastest Growth in Global On-Board Charger Market for EVs

The demand for on-board chargers varies according to various regions. China is currently the largest region in the on-board charger market. Increased sales of electric vehicles in Asia-Pacific and Japan countries such as India, South Korea, and Japan are expected to boost the market. Rising CO2 emissions in India and Japan have led to several concerns from the countries’ governments. Government incentives for buying electric vehicles, technological advancements, and extensive investments in the development of charging infrastructure are some major drivers propelling the market’s growth in the region.

As a result, various initiatives have been launched by the government to promote the development and adoption of electric vehicles, which are expected to reduce vehicular emissions and potentially replace petrol and diesel engines in the future. In addition, concerted efforts by both governments and manufacturers to promote the sale of electric vehicles have led to the inclusion of high-performance on-board chargers inside electric vehicles to provide better driving experiences.

Access More: Get Detailed Insights on Electric Vehicles Market Research Reports in Automotive industry

Competitive Landscape

To gain market share, major on-board charger manufacturers are making various kinds of strategic moves. Some key highlights from BIS Research w.r.t. manufacturers of on-board chargers are:

  • Delta-Q Corporation, KOSTAL Automobil Elektrik GmbH & Co. KG, Robert Bosch GmbH, and BorgWarner Inc. are some leading players globally.
  • Infineon Technologies AG, Texas Instruments Incorporated, and Analog Devices, Inc. are some leading players globally in Tier-2 or component/subsystem suppliers for on-board chargers.
  • New product launches are the most preferred strategy.
  • Apart from product launch activities, expanding business and sealing new partnerships and collaborations are the other strategies being implemented.
  • Most players have tie-ups with various electric vehicle OEMs and Tier 1 suppliers.
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