Perspective articles

‘Automotive HVAC Market will be double by 2024’

‘Automotive HVAC Market will be double by 2024’

A report by Esticast Research & Consulting has stated that the Automotive Heating Ventilation and Air Conditioning (HVAC) market revenue will reach $27.5 billion by 2024 from $13.66 billion in 2016, growing at a CAGR of 9.3% from 2017 to 2024. In 2016, Passenger Car HVAC system segment generated the highest revenue share of $

ACMA Participates in Automechanika Frankfurt 2016

With an objective is to provide a platform to the Indian auto component aftermarket suppliers to showcase their capabilities, explore aftermarket business opportunities and connect with global auto component suppliers, the Automotive Component Manufacturers Association (ACMA), is participating at the ongoing Automechanika Frankfurt 2016. The apex body of the Indian auto component manufacturers has booked

Make In India – Will Make It Happen

 By Vinnie Mehta The automotive sector has emerged as a bellwether of the Indian economy. The coming of Suzuki Motor and Honda Motor to India in the mid-eighties saw the dawn of a new era in the Indian automotive industry. The auto component sector has come a long way in terms of size, scale and

Roadblocks To Global Automotive Free Trade

Byline: Louis Rumao There is a broad consensus among economists that protectionism has negative impact on economic growth and social welfare in the long-run. The magnitude of this impact varies across countries as it depends on local macroeconomic and policy environment. Protectionist tendencies are creeping into the global automotive industry, mainly in the US and

Acelerating SUV Boom As ‘Millennials’ Join New Car Buyers – Survey

A new Ford Motor Company survey shows SUVs are highly desired by Millennials – those aged 17-34 – indicating Europe’s SUV boom is poised to accelerate as the generation reaches prime new car buying age. More so than other age groups, Millennials say SUVs make them feel powerful when they drive, are the kind of

Innovate to Win

By Louis Rumao The future looks good for the global auto industry as production is expected to soar to more than 100 million units by 2017.  Mega suppliers, with deep pockets for R&D and expansion, and those who offer new technology, or other innovations for total cost management to the automakers have rebounded from the

Automotive Lighting Market is to reach $33.7 Billion, Globally, by 2020

According to a new report by Allied Market Research titled, “Global Automotive Lighting Market – Technology, Vehicle Type, Applications, Size, Share, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2014-2020”, the global automotive lighting market is expected to reach $33.7 billion by 2020, registering a CAGR of 6.7% during 2015-2020. Automotive lighting industry is witnessing a