gennaio 2024 - Business NewsWire

Wired for Mobility: Navigating the Automotive Wire Harness Market Landscape

The automotive wire harness market will grow at a compound annual growth rate of 4.7% by the end of this decade to reach a value of USD 59.3 billion by 2030. The increasing tech progressions and growing manufacturing of EVs are the key factors, which are responsible for the growth of the industry.

Moreover, the incorporation of high-voltage wiring harness systems in electric vehicles and lightweight harness systems, as well as the increase in the demand for light trucks and autonomous passenger cars, will support in the industry growth.

On the basis of propulsion, the ICE category was larger in the past, and it will continue to dominate in the years to come.

This is because of the fact that as opposed to EVs, more ICE-based vehicles are manufactured. Moreover, they are being quickly integrated with V2V and V2V connectivity, along with self-driving functionalities. Consequently, the significance of wire harnesses for transporting data and electricity among a variety of electronic sensors and systems is high in ICE automobiles.

On the basis of application, speed sensors will grow the fastest in the years to come. The accessibility of various customized speed sensors and growing global automobile sales are the key factors powering the advance of this category.

APAC is the leader of the automotive wire harness market , because of the growing production of EVs, as well as the large number of consumers for or ICE-based vehicles.
Basically, the growing requirement for passenger and commercial vehicles in Japan, China, India, and South Korea leads to the enormous volume of automotive production, driving the industry.

The LAMEA will have the fastest growth in the years to come in the years to come, because of the increasing vehicle production in Mexico and other nations of the region.

Duew to the increasing penetration of autonomous and electric vehicles in the world, the demand for automotive wire harness is on the rise. This trend will continue in the future as well, as there is no stopping to the growth of electric and autonomous vehicles.

What is Automotive Ethernet? Everything You Need to Know

Today’s automobiles are producing and transmitting huge quantities of data in order to execute advanced driver assistance systems, cameras and sensors, onboard diagnostics, smart safety systems, and in-vehicle-infotainment systems. Such in-vehicle networks need much quicker speeds than what has historically been possible utilizing buses like LIN, CAN/CAN-FD, PSI5, FlexRay, SENT, and CXPI networks.

Also, the need for better integration between vehicle subsystems is propelling fundamental architectural changes with a focus on scalable architectures and complex topologies, including gateways connected to a backbone.

Beyond the technical needs, such in-vehicle networks are also required to be cost-effective, light in weight, and work in rough conditions and extensive temperature ranges. They also require to be tremendously dependable, especially for systems made to protect the security of the passengers.

Automotive Ethernet answers all of these demands.

The automotive ethernet market is witnessing growth and is projected to reach USD 10 billion by 2030.

What is Automotive Ethernet?

Vehicle Ethernet is a low-latency, high-speed network physical layer. Vehicle Ethernet is based on recognized ethernet standards, and modified for use in automobiles. It utilizes a single pair of unprotected twisted cables for lightweight and low price.

It is made to permit the transfer of high volumes of information between in-vehicle modules to aid contemporary powertrain, ADAS, comfort, and infotainment systems. There are numerous different automotive ethernet standards, such as 10GBASE-T1, 100BASE-T1, and 1000BASE-T1, which can transfer information at speeds from 100 Mb/s to 10 Gb/s.

Benefits of Automotive Ethernet

In vehicles, automotive ethernet components provide numerous advantages, including:

High data rates allow high-speed, high-capacity data communications

Low latency offers negligible delay for real-time systems such as ADAS
High dependability with good noise immunity
Light in weight, space-effective, and lucrative cabling
Based on deep-rooted standards from reputable standards bodies

Moreover, automotive ethernet has been proven to meet the needs of both capacity and integration. For the purpose of achieving high data rates and reliability, automotive ethernet cables shall use PAM3/PAM4 modulation as opposed to nonautomotive Ethernet.

In the short term, however, automotive Ethernet can transport data approximately 100 times more rapidly than a bus and is better suited for future vehicle networks that will need to be capable of meeting their needs in terms of both performance and flexibility. The CAN, CANFD, LIN, and other networks are still relevant but they may prove less important in the next few years.

Automotive Ethernet Standards

As new workings for automotive Ethernet developed and speeds became quicker, standards establishments released new test and compliance needs that automotive makers and their suppliers should meet. To ensure the interoperability of hardware and the safe, predictable operation of the vehicle in different situations and working conditions, severe restraints are placed on noise, signal levels, and clock characteristics.

The testing methods specified by the standards, though deep-rooted for stationary Ethernet networks have made new design challenges for numerous automotive engineers familiar with working with slower serial buses like CAN and LIN.

Browse detailed report on Automotive Ethernet Market Size, and Business Strategies

How Is Food Preservative Industry Supporting Chitosan Market Growth?

Factors such as the rising consumption of chitosan in the biomedical, wastewater treatment, agrochemical, food and beverage, cosmetic, and bioplastic industries and increasing research and development (R&D) activities being carried out in this compound are expected to facilitate the chitosan market growth during the forecast years (2021–2030). According to P&S Intelligence, the market was valued at $1.8 billion in 2020. Chitosan refers to biodegradable and non-toxic sugar, which is derived from the hard outer skeleton of crab, shrimp, and lobster.

In recent years, the increasing shift of the food preservative industry from formalin to chitosan has become a major trend in the chitosan market. Food preservatives are added to perishable food products to extend their shelf life. Consumption of formalin-based preservatives leads to the occurrence of cancer, lung diseases, and skin ailments. Owing to the harmful effects of formalin, chitosan is being increasingly used as a food preservative by food and beverage companies. Moreover, the higher biocompatibility of chitosan than formalin will also fuel its use as a food preservative in the coming years.

Currently, the prominent players in the chitosan market, such as Primex ehf, KitoZyme LLC, FMC Corporation, Axio Biosolutions Private Limited, Bio21 Co., Heppe Medical Chitosan GmbH, Meron Group, AgraTech International Inc., and Marshall Marine Products Private Limited, are focusing on product launches to consolidate their position. For instance, in April 2020, Axio Biosolutions Private Limited introduced a next-generation chitosan-based wound dressing named MaxioCel. This dressing offers high comfort and rapid healing to patients suffering from skin abrasions, pressure ulcers, venous leg ulcers, diabetic foot ulcers, post-surgical wounds, cavity wounds, and donor site wounds.

Geographically, Asia-Pacific (APAC) held the largest share in the chitosan market during the historical period, and it is also expected to demonstrate the fastest growth throughout the forecast period. This can be attributed to the chelating feature of chitosan, which makes it ideal for the treatment of heavy-metal-laden industrial effluents. Moreover, the increasing R&D activities being conducted in chitosan and the surging incidence of chronic diseases will also augment the market growth in the region in the forthcoming years.

Thus, the rising consumption of chitosan in the biomedical and food and beverage industries will support the market growth in the upcoming years.

Innovative Impressions: Navigating the Trends in the Printed Electronics Market and Future-Ready Applications

Electronics are manufactured with the help of silicon or other semiconductor materials for a fairly long time. The process is complex as well as time-consuming. However notable miniaturization, high-performance and low power is attained. Instead, making flexible silicon-based electronics is not that easy either.

For addressing this issue, a new tech has arisen, the printed electronics. This blog will provide some valuable info on this tech, concentrating on how it can be used in practical applications.

What on Earth are Printed Electronics

Talking of printed electronics tech, it is a novel way to produce electronics, with the use of standard graphic arts printing procedures, for example screen printing, flexography and inkjet printing, numerous electronic devices and circuits can be fabricated on unconventional substrates. Nearly any material can be put to use for this purpose, be it plastic, paper, and textiles.

These sorts of next-gen electronics can be ultra-thin, stretchable, flexible. Furthermore, printed electronics make use of a simple and cost-efficient low-temperature manufacturing procedure and are compatible with automated mass production printing by the roll-to-roll principle.

Creation of Hybrid Electronics

It will be rally tough for printed electronics to compete with conventional silicon-based electronics in terms of reliability, performance, and capability to handle intricate designs. But the possibility of inserting electronics in any object and that too at a low cost seems an enticing prospect. So, the printed electronics are seen as a complementary tech for the conventional electronics.

This understanding inspires the formation of hybrid electronics. These can have the best qualities of the two. Such a hybrid system comprises a single or numerous silicon ICs for computational power and wireless communications, and sensors, actuators and possibly display manufactured with the printed electronics tech. The system can moreover be integrated on a flexible substrate all together or split in a flexible or rigid part.

What are the Applications of Printed Technology?

It is because of all the unique characteristics; printed electronics can bring about new possibilities for numerous attractive applications that are either not practicable or not a perfect for the silicon-based electronics. Printed sensors are perhaps the most popular in the printed electronics and various sensor can be manufactured in all shapes and sizes on thin foils. Strain, force, humidity and gas sensors are some instances of the sensors.

Useful for IoT

Internet-of-Things products in healthcare, retail, wearables, industrial and consumer applications are remarkably benefitted by with the use of printed sensors.

An example of this is a fall detection system, equipped with sensors embedded under the floor in housing units for aged people and assisted living facilities. This system is able to monitor the position of the people and movements in a room and sense instances when the help of the caregivers is required on an urgent basis

Coming to a Conclusion

It is because of the growing consumer electronics industry all over the world, the demand for printed electronics is on the rise. This trend will continue in the future as well, and the total value will reach USD 42.4 billion, by the end of this decade.

Clarity Enhanced: Trends in the Anti-Reflective Coatings Market

According to a statement by P&S Intelligence, the anti-reflective coatings market will generate USD 8,577.3 million, growing at a rate of 7.3%, by 2030.

The main factors boosting the growth of the industry include the increasing requirement for anti-reflection coats in the photovoltaic and eyewear industries, along with the rising implementation of anti-reflective eyeglasses in the construction sector.

Based on application, solar panels will witness the highest growth rate, of approximately 8%, in the years to come. This is credited to the growing requirement for low-cost solar cells with enhanced reliability and robustness, extensive adoption of these coatings in solar panels to rise their overall effectiveness, and the growing need to lessen photovoltaic surface reflection.
The growth of the anti-reflective coatings market is also driven by the increasing usage of these coatings in the eyewear industry, as the industry adopted such materials in high-light-transmitting products, for instance, eyeglasses and lenses.

Additionally, the advancement of technology in eyewear and the expansion of this industry because of the increasing prevalence of vision impairment, as well as the rising elderly populace, will further boost the growth of the industry.

In the past few years, vacuum deposition held the largest revenue share, of more than 35%, and it will propel with a significant growth rate throughout this decade. This is because of the extensive adoption of the deposition method in the application of antireflective coatings, because of its maximum adaptability, fast setting, affordability, and lesser environmental impact.

Moreover, North America accounted for a significant share of the anti-reflective coatings industry. This is credited to the existence of a large number of reputable companies, rising discretionary expenditure by consumers, growing consciousness about the benefits of coated eyeglasses, booming automotive sector, and increasing construction industry.

Key players have been involved in collaborations, acquisitions, partnerships, product launches, and investments to maintain a strong position in the industry.

Hence, the growing implementation of anti-reflective eyeglasses in the construction sector and the increasing demand for anti-reflection coatings in photovoltaic and eyewear industries will continue to drive the growth of the anti-reflective coatings industry in the years to come.

Why are Medical Polymers Getting Popular in the Contemporary World?

Chronic medical ailments such as cardiovascular issues, generic medical conditions, infections, and other ailments are becoming prevalent. This is demanding the expansion of cutting-edge pharmaceutical devices and sophisticated treatments.

Polymers is one of the most common used materials in medical applications. Natural polymers have been used for long for various purposes including medical.

The medical polymers are growing rapidly, and they will replace the conventional equipment and implants in the future. The demand for the same will reach to a value of USD 36,053.3 million by the end of this decade.

Let us discover what are some of the main reasons for this growth in demand of medical polymers.

Tech Advancements in Polymer Industry

With synthetic polymers being used extensively for the creation of sophisticated materials, they are essential for the advent of new medical techs. So, an automated method of producing medical polymers is just fine for the development of advanced medical polymers designed to improve health. Robotics comes in handy for automating and increasing polymer production.

Polymer synthesis is an intricate process, because of the fact that chemical reactions are extremely oxygen-sensitive and usually needs to be removed during production.

PEEK Polymers Becoming Increasingly Popular

Polyether-ether-ketone polymers are also becoming increasingly popular all over the world recently, because of their resilience against a many solvents, lipids, , blood or body enzymes.

Other than that , these polymers are inert and resistant to heat, making them ideal for medical devices coming directly in contact with blood and tissue. These include comprise of pins, plates suture screws, bone screws, and tissue anchors.

While these polymers have been around for a considerably long time, it has been in the past decade or so, that these polymers have been accepted for lasting, in-body medical uses.

These are extensively implemented as an important material in a hip stem component, substituting the conventional metal. This is because ketone polymers are just like bone’s flexibility, chiefly as opposed to titanium or steel components.

Emergence of Bioresorbable Polymers

The medical polymers demand is on the rise because of the introduction of bioresorbable polymers.

These are synthetic polymers facilitating a quick healing process by moulding to the target area, thus re-establishing functionality temporarily. This gives the area time to heal, after which the materials reabsorb into the body, leaving no trace and so mitigating the necessity for further follow-up surgeries.

Several players are now working toward the expansion of sophisticated bioresorbable polymer materials gaining popularity in the industry.

Electrifying the Roads: The Surging Demand and Benefits of Electric Powertrains

In a world where sustainability and invention go hand in hand, the vehicle sector is experiencing a ground-breaking shift towards electric powertrains. The need for electric vehicles (EVs) fortified with electric powertrains has observed an unprecedented rise, propelled by both ecological consciousness and the tempting assistances these futuristic systems bring to the table.

The electric powertrain market is witnessing growth and is projected to reach USD 226.3 billion by 2030.

Unprecedented Demand:

The global requirement for electric powertrains has risen steeply in the past few years, copying the rising concentration in electric-powered vehicles. Customers, businesses, and governments are progressively spotting the requirement to transition from outdated internal combustion engines to electric-powered choices. This requirement for the rise might be credited to many reasons, with ecological issues topping the list. An electric powertrain system is a system of components that generates and delivers power to the road surface for electric vehicles.

Environmental Benefits:

The environmental advantages of electrical powertrains are possibly the most compelling thing driving their call. Unlike traditional combustion engines that rely upon fossil fuels, electric-powered powertrains operate on power, notably lowering greenhouse gas emissions. This shift aligns with worldwide efforts to fight air pollution and mitigate the impact of climate change.

Economic Benefits:

The advantages of electric powertrains enlarge past the environmental realm, supplying compelling monetary benefits. Electric automobiles typically have decreased operating prices as compared to their conventional outdated counterparts. With fewer shifting parts and simplified preservation necessities, proprietors of electrical vehicles enjoy decreased expenses associated with upkeep and servicing.

Additionally, governments worldwide are making an investment in the development of charging infrastructure, further incentivizing the adoption of electric motors. This infrastructure not only enables convenient charging but also stimulates job creation and economic boom. As electric powertrains become extra usual, the related economic blessings are poised to have a widespread effect on various industries and nearby economies.

Technological Advancements:

Electric powertrains are at the forefront of technological innovation in the car sector. These systems boast superior functions, including regenerative braking, advanced power efficiency, and seamless integration with clever technologies. The constant evolution of electric powertrain technology contributes to better performance, longer battery life, and extended use variety, addressing early concerns approximately the practicality of electrical vehicles.

Revolutionizing Mobility: Unveiling Trends in the Software-Defined Vehicle Market

The value of the software-defined vehicle market stood at USD 268.8 billion in 2023, and this number is projected to reach USD 489.7 billion by 2030, advancing at a CAGR of 9.0% during the projection period.

Software is projected to advance at the highest CAGR of 9.5%, credited to the numerous benefits it provides, like easy driving experiences and better safety. The rise in the requirement for software-defined cars is mainly because of the increasing requirement for security and the rising sale of EVs.

The ADAS category is projected to witness substantial development during the projection, credited to the growing knowledge among people of the safety of passengers and drivers. Along with this, the costs of in-car electronic safety systems are reducing, which is permitting more individuals to purchase vehicles combined with them.

On the basis of autonomy, level 3 is projected to advance fastest, as level 3 autonomous vehicles are fortified with the ability to spot the environment and make better decisions for themselves. These decisions comprise keeping the ideal speed as per the traffic and weather circumstances.

It is considered a conditionally automated level, where the driver is capable of handling the automobile themselves in numerous situations. In January 2023, Mercedes-Benz declared the receipt of the sanction of the U.S. government for level 3 driving features.

The Asia-Pacific region is dominating the software-defined vehicle industry, and it will grip the same position during the projection period, accounting for a worth of USD 147.8 billion by 2030. The development is credited to the surge in the concentration on safety and the decrease in the number of accidents.

China retains its lead position within the Asia Pacific region and is expected to increase at a compound annual growth rate of 8.8% over the forecast period. This is due to the swift technological development of its vehicle sector, as well as the adoption of advanced manufacturing techniques in order to increase production.

Fireproofing Materials Market Will Reach USD 1,899.0 Million by 2030

In 2023, the market for fireproofing materials was valued at USD 1,195.9 million. Projections indicate a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030, with an anticipated market value of USD 1,899.0 million by the end of 2030. This growth of the market can be credited to the increasing count of fire happenings, the rising acceptance of related safety guidelines and rules, and the quick infrastructure growth activities throughout the globe.

Fire poses a threat not only to properties and assets but also jeopardizes the safety of individuals in such situations. Therefore, everyone must remain vigilant and adopt precautionary measures to reduce the risks associated with these hazards.

Expenditure in the construction industry, and also the real estate industry, are vital to guarantee the financial solidity, structure, and development of a nation. Construction activities in commercial, residential, and industrial places in nations, like India, China, and the U.S., credited to high populace and increasing urbanization, are projected to surge significantly.

Furthermore, exterior walls are protected by utilizing flame-resilient materials like cement and also adding puffy coating for additional protection of a structure. Likewise, roofs can be protected by utilizing fireproofing materials, and also executing other protective measures like avoiding wood roofing shingles and choosing concrete or asphaltic structures in their place. All these reasons are symbolic of the propensity to the rising demand for fireproofing material.

In 2023, the North American market secured the highest revenue share, and projections suggest a growth at a CAGR of 6.5% in the upcoming period. This growth is linked to the increasing occurrences of fires in both residential and non-residential structures, along with a notable surge in construction activities throughout the region.

As indicated by statistics from a government entity, non-residential buildings in the U.S. have witnessed over 110,000 fire incidents. Furthermore, there has been a roughly 20% rise in such occurrences from 2012 to 2021 in the country, according to the same data.

Automatic Tire Inflation System Market Will Reach USD 171.8 Million By 2030

In 2023, the global automatic tire inflation system market achieved a valuation of USD 83.6 million, and it is anticipated to exhibit a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030. This growth trajectory is expected to lead to a market value of USD 171.8 million by the year 2030.

This growth of the market can be credited to the rise in the making and sale of all-landscape and heavy commercial vehicles worldwide. For them, automatic tire inflation systems are utilized widely to advance security and effectiveness. Such systems aid in growing car performance and boost economy, which eventually leads to reduced downtime. Few nations are instructing their use of heavy-duty trucks to decrease the probability of accidents.

The predominant category commands a substantial 60% share of the overall revenue and is projected to experience noteworthy growth with a Compound Annual Growth Rate (CAGR) of 10.7% throughout the forecast period. The rationale behind this robust growth lies in the diverse advantages offered by these variants, tailored to specific industries and vehicle types.

Notably, these variants facilitate real-time adjustment of tire pressure while in motion, allowing vehicles to seamlessly adapt to fluctuating load conditions and diverse terrains. This adaptability proves particularly advantageous in applications such as off-roading, military operations, and agricultural settings. The ability to fine-tune air pressure based on terrain conditions significantly enhances traction, thereby improving overall vehicle stability and performance.

Within the segmentation based on components, the ECU category stands out with the highest market revenue share at 25%. This leading position is attributed to the ECU’s pivotal role as the central processing unit, serving as the brain of the entire system. Its primary function involves the continual analysis of tire pressure data sourced from sensors, enabling it to execute precise adjustments for maintaining optimal levels.

The ECU takes charge of controlling both inflation and deflation processes through diagnostics, effectively communicating with the driver. Notably, its seamless integration capabilities with various vehicle control systems contribute to improved coordination across different vehicle functions, further accentuating its dominance in the market.

The North American region is producing the highest income in the industry, of USD 0.04 billion, and it is projected to advance at a substantial CAGR, of 10.8%, in the years to come.