Latest news with #ContinentalAG
Yahoo
6 days ago
- Automotive
- Yahoo
Is Continental (CTTAY) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Continental AG (CTTAY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Continental AG is a member of our Auto-Tires-Trucks group, which includes 102 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Continental AG is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CTTAY's full-year earnings has moved 1.1% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, CTTAY has returned 31.4% so far this year. Meanwhile, stocks in the Auto-Tires-Trucks group have lost about 9.9% on average. This means that Continental AG is outperforming the sector as a whole this year. Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Michelin (MGDDY). The stock has returned 13.9% year-to-date. In Michelin's case, the consensus EPS estimate for the current year increased 1.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, Continental AG is a member of the Automotive - Original Equipment industry, which includes 52 individual companies and currently sits at #133 in the Zacks Industry Rank. This group has gained an average of 0.8% so far this year, so CTTAY is performing better in this area. In contrast, Michelin falls under the Rubber - Tires industry. Currently, this industry has 2 stocks and is ranked #3. Since the beginning of the year, the industry has moved +25.7%. Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Continental AG and Michelin as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Continental AG (CTTAY) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Automotive
- Yahoo
[Latest] Global Automotive Blind Spot Detection System Market Size/Share Worth USD 9.97 Billion by 2034 at a 11.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Automotive Blind Spot Detection System Market size & share revenue was valued at approximately USD 3.49 Billion in 2024 and is expected to reach USD 3.83 Billion in 2025 and is expected to reach around USD 9.97 Billion by 2034, at a CAGR of 11.2% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Robert Bosch GmbH, Continental AG , Denso Corporation, Aptiv, Autoliv Inc., Veoneer, Valeo SA, NXP Semiconductors NV, Texas Instruments Inc., ZF Friedrichshafen AG, Infineon Technologies AG, SerVision, and others. Austin, TX, USA, June 02, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Automotive Blind Spot Detection System Market Size, Trends and Insights By Component Type (Ultrasonic, RADAR, Camera), By Vehicle Type (Passenger Cars, Commercial Vehicle), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' in its research database.'According to the latest research study, the demand for the global Automotive Blind Spot Detection System Market size & share was valued at approximately USD 3.49 Billion in 2024 and is expected to reach USD 3.83 Billion in 2025 and is expected to reach a value of around USD 9.97 Billion by 2034, at a compound annual growth rate (CAGR) of about 11.2% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Automotive Blind Spot Detection System Market @ Automotive Blind Spot Detection System Market Overview As per the industry experts at CMI, The Automotive Blind Spot Detection System Market is growing immensely with growing safety requirements and inclusion of ADAS. Automakers are partnering with key players like Robert Bosch GmbH, Continental AG, Denso Corporation, Aptiv, and Autoliv Inc. to provide sophisticated systems in luxury as well as mid-range cars. These customers are spearheading world acceptance with government rules and customer demand for safety features. Expenditure on AI and sensor fusion is enhancing system accuracy. Adoption is growing across geographies, from North America to Asia. Autonomous driving-compatible orientation is also guiding product development. Competitive growth is fueled by R&D, alliances, and growth in emerging markets. Automotive Blind Spot Detection System Market Growth Factors and Dynamics Rising Road Safety Concerns: The increase in road accidents has promoted the demand for Blind Spot Detection Systems (BSD) to improve vehicle safety. In May 2025, Continental produced its 200 million radar sensor, which was more than 20% of the global market. These AI-operated sensors support major ADAS features such as emergency braking and adaptive cruise control. Q1 With US $1.6 billion in radar orders in 2025, the upcoming production of Continental (2026–2027) highlights the increasing role of radar in safe and autonomous driving. Government Safety Regulations: Governments worldwide are implementing strict security rules to reduce road deadly, often it is necessary to include new vehicles with blind spot detection systems (BSDs) such as advanced driver-assistance systems (ADAS). These mandates require vehicle manufacturers to integrate BSD into vehicle designs for compliance. Referring to this trend, the company's dedication to the company's annual and stability reports has been emphasized, developing and supplying advanced security technologies, including BSD for global security standards, the annual and stability report of autolive, growing regulatory and market demands. Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ Increased Vehicle Production: Global growth in vehicle production, especially in emerging markets, is greatly expanding the potential market for Blind Spot Detection Systems (BSDS). As more vehicles are manufactured, the demand for integrated security systems like BSDS increases, increasing overall market growth. Referring to this trend, the integrated report from Denso Corporation, released in May 2025, underlines the company's strategic attention to meeting the increasing demand for vehicle safety technologies. Daneso is actively developing advanced safety solutions, including BSD, to support the expanding motor vehicle industry. Report Scope Feature of the Report Details Market Size in 2025 USD 3.83 Billion Projected Market Size in 2034 USD 9.97 Billion Market Size in 2024 USD 3.49 Billion CAGR Growth Rate 11.2% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Component Type, Vehicle Type and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Automotive Blind Spot Detection System report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: The updated report for 2024 includes an introduction, an overview, and an in-depth industry analysis. We have included the COVID-19 Pandemic Outbreak Impact Analysis in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes We have updated the tables and figures. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Automotive Blind Spot Detection System report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ Automotive Blind Spot Detection System Market SWOT Analysis Strengths: The automotive blind spot detection system industry has a lot to gain from the growing awareness of consumer safety on the road and a rapidly increasing demand for advanced driver-assistance systems (ADAS). Automakers, recognizing the trend, are adopting these vehicles either as standard equipment or optional features of mid-range vehicles, which heightens penetration within the market. Thanks to new technology like radar and sensor fusion, blind spot systems are now more accurate and reliable, which has built customer trust and led to state regulations that encourage their use. Weaknesses: The biggest weakness is the high cost of implementing the blind spot detection system, especially for entry-level and budget vehicles. Additionally, sensors are dependent on an accurate calibration, service, and maintenance to reduce the servicing cost, which could malfunction if not managed properly. Some users can over-rely on this system and overlook the fundamental notion that the intensity of the driving experience would lessen their attentiveness to situational driving. Opportunities: Emerging markets around the world offer some opportunities for blind spot detection systems, where awareness of vehicle safety is evolving and their roads and infrastructure are developing. Governments, even at the highest levels, may mandate blind spot detection systems in vehicles as they strengthen vehicle safety norms and regulations. Their major expansion of electric and autonomous vehicle market segments will offer the perfect platform to incorporate advanced blind spot monitoring technologies within the full ADAS package. Threats: The market faces threats from intense competition among OEMs and tech providers, leading to pricing pressure and reduced profit margins. Cybersecurity risks and privacy concerns related to connected vehicle systems could hamper user confidence in advanced driver-assistance technologies. Additionally, economic downturns and supply chain disruptions, such as those experienced during global chip shortages, may impact production and deployment rates. Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ Key questions answered in this report: What is the size of the Automotive Blind Spot Detection System market, and what is its expected growth rate? What are the primary driving factors that push the Automotive Blind Spot Detection System market forward? What are the Automotive Blind Spot Detection System Industry's top companies? What are the different categories that the Automotive Blind Spot Detection System Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Automotive Blind Spot Detection System market sample report and company profiles? Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Automotive Blind Spot Detection System Research Report | Fast Delivery Available - [220+ Pages] @ Automotive Blind Spot Detection System Market Regional Perspective The Automotive Blind Spot Detection System Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: The National Highway Traffic Safety Administration (NHTSA) in the United States stated in November 2024 that as of the 2026 model year, the safety of a vehicle will include evaluating the impairment by blind spot warnings and intervention. This is a component of the 2021 national bipartisan infrastructure legislation to improve our safety standards to better prevent injuries and fatalities from road collisions. Similarly, leading suppliers Robert Bosch GmbH and Continental AG have invested heavily in the automotive supply chain to increase their production capacity in North America for advanced driver-assistance systems (ADAS), including blind spot detection systems. Europe: The European Union has taken a different approach to vehicle safety issues with the updated general vehicle safety regulation, (GSR), which has begun implementing procedures since July 2022, in which all new passenger cars must include safety features, including blind spot systems. The updated regulation is part of a broader vision aimed at reducing road deaths and serious injuries among Europeans, which are significant public health issues in many EU Member States. In anticipation of GSR requirements, many European vehicle manufacturers, such as Volvo and Mercedes-Benz have integrated blind-spot detection systems as standard features of many of their passenger vehicles; this investment met GSR compliance obligations, as well as growing customer demand for increasingly safer vehicles. Asia-Pacific: The Asia-Pacific region is home to countries, such as Japan and South Korea, that have adopted strict safety regulations requiring blind spot detection systems in new vehicles as part of broader programs to increase safety and reduce road accidents. Several regional automotive champions, like Denso Corporation or Hyundai Mobis, have continued to produce and deploy advanced blind spot systems. The eventual implementation of advanced blind spot systems will meet domestic safety obligations, increase global demand, and continue to make North America a leading region for automotive safety innovation. LAMEA: In the Latin America region, countries like Brazil are starting to implement vehicle safety regulations that support blind spot detection systems. While it hasn't yet become mandatory, there is a growing trend for higher-end models produced by manufacturers to include blind spot detection systems to increase safety and better serve the safety-minded consumer. In the Middle East and Africa, the adoption of blind spot detection technologies is also on the rise, fueled by growing awareness of road safety and the implementation of new vehicle safety standards. Governments in the region are working with international organizations to improve traffic safety, which includes encouraging the integration of advanced driver-assistance systems (ADAS). Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do you want data for inclusion in magazines, case studies, research papers, or media? Email Directly Here with Detail Information: support@ Browse the full 'Automotive Blind Spot Detection System Market Size, Trends and Insights By Component Type (Ultrasonic, RADAR, Camera), By Vehicle Type (Passenger Cars, Commercial Vehicle), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' Report at of the prominent players in the Automotive Blind Spot Detection System Market: Robert Bosch GmbH Continental AG Denso Corporation Aptiv Autoliv Inc. Veoneer Valeo SA NXP Semiconductors NV Texas Instruments Incorporated ZF Friedrichshafen AG Infineon Technologies AG SerVision Others Click Here to Access a Free Sample Report of the Global Automotive Blind Spot Detection System Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures We offer a subscription-based option. Best price guarantee We offer free 35% or 60 hours of customization. We also offer free post-sale service assistance. You will receive a 25% discount on your subsequent purchases. Service guarantees are available. The author will create a customized market brief for you. Browse More Related Reports: India Tire Recycling Market: India Tire Recycling Market Size, Trends and Insights By Process (Pyrolysis, Shredding, Refurbishing), By Product (Tire Derived Fuel, Crumbed Rubbers, Refurbished Commercial Vehicle Tires, Others), By Application (Manufacturing, Construction, Rubber Products, Automotive, Others), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Europe Automotive Collision Repair Market: Europe Automotive Collision Repair Market Size, Trends and Insights By Vehicle (Light-duty Vehicle, Heavy-duty Vehicle), By Product (Paints & Coatings, Consumables, Spare Parts), By Service Channel (DIY (Do It Yourself), DIFM (Do it For Me), OE (handled by OEM's)), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Automatic Alignment Machines Market: Automatic Alignment Machines Market Size, Trends and Insights By Product Type (Optical Alignment Machines, Laser Alignment Machines, Electromechanical Alignment Machines, Hydraulic Alignment Machines, Others), By Technology (Manual Alignment Systems, Semi-Automatic Alignment Systems, Fully Automatic Alignment Systems), By Application (Machinery Alignment, Rotating Equipment Alignment, Geometric Alignment, Assembly Line Alignment, Others), By End User (Automotive Industry, Aerospace and Defence, Industrial Machinery, Electronics and Semiconductors, Energy and Utilities, Construction, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Automotive Intercooler Market: Automotive Intercooler Market Size, Trends and Insights By Type (Air to Air Intercooler, Air to Water Intercooler), By Vehicle Type (Passenger Cars, Commercial Vehicles, Heavy Commercial Vehicle), By Engine Type (Supercharged Engine, Turbocharged Engine), By Design Type (Front Mounted Intercooler, Top Mounted Intercooler, Side Mounted Intercooler), By Sales Channel (OEM, Aftermarket), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 US Semi-Trailer Market: US Semi-Trailer Market Size, Trends and Insights By Type (Tankers, Refrigerated, Dry Vans, Lowboy, Flatbed), By Tonnage (>100 Tons, 51-100 Tons, 25-50 Tons, <25 Tons), By End-Use (Oil and Gas, Chemical, Healthcare, Logistics, Automotive, FMCG, Heavy Industry), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 US Spark Plugs Market: US Spark Plugs Market Size, Trends and Insights By Material (Nickel, Platinum, Iridium, Conventional Spark Plugs, Others), By Application (Marine Engines, Small Engines, Motorcycle, Automotive, Others), By Sales Channel (OEM, Aftermarket), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Spark Plugs Market: Spark Plugs Market Size, Trends and Insights By Material Type (Conventional Spark Plugs, Iridium, Platinum, Nickel, Others), By Application (Automotive, Motorcycle, Small Engines, Marine Engines, Others), By Sales Channel (OEM, Aftermarket), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Used Dirt Bike Market: Used Dirt Bike Market Size, Trends and Insights By Type (Motocross, Enduro, Trail, Others), By Propulsion Type (Gasoline, Electric), By Application (Commercial, Personal, Industrial, Others), By Price Range (Low to Mid, High), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 The We have segmented the Automotive Blind Spot Detection System Market as follows: By Component Type Ultrasonic RADAR Camera By Vehicle Type Passenger Cars Commercial Vehicle Click Here to Get a Free Sample Report of the Global Automotive Blind Spot Detection System Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Automotive Blind Spot Detection System Market Research/Analysis Report Contains Answers to the following Questions. Which Trends Are Causing These Developments? Who Are the Global Key Players in This Automotive Blind Spot Detection System Market? What are the company profiles, product information, and contact details of these key players?ese key players? What Was the Global Market Status of the Automotive Blind Spot Detection System Market? What Was the Capacity, Production Value, Cost and PROFIT of the Automotive Blind Spot Detection System Market? What Is the Current Market Status of the Automotive Blind Spot Detection System What's the market's competition in this industry, both company-wise and country-wise? What is the market analysis of the automotive blind spot detection system, considering its applications and types? In its applications and types? What Are Projections of the Global Automotive Blind Spot Detection System Industry Considering Capacity, Production and production estimates? What Will Be the estimate of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Automotive Blind Spot Detection System Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On the Automotive Blind Spot Detection System Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are the Market Dynamics of the Automotive Blind Spot Detection System Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Automotive Blind Spot Detection System Industry? Click Here to Access a Free Sample Report of the Global Automotive Blind Spot Detection System Market @ Reasons to Purchase Automotive Blind Spot Detection System Market Report Automotive Blind Spot Detection System Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Automotive Blind Spot Detection System Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Automotive Blind Spot Detection System Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five report includes extensive company profiles, which include company overviews, insights, product benchmarking, and SWOT analyses for the major market players. nd SWOT analyses for the major market players. Recent developments, including growth opportunities and drivers, as well as challenges and restraints in both emerging and developed regions, shape the industry's current and future market outlook. Automotive Blind Spot Detection System Market Includes in-depth market analysis from various perspectives, offers an overview of offive forces analysis, and offers an overview of the market through Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Automotive Blind Spot Detection System market. Compare your performance to that of the market as a whole. Aim to maintain competitive advantages, as innovative leaders drive advancements while established leaders contribute to market growth. Buy this Premium Automotive Blind Spot Detection System Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Automotive BliThe report covers the competitive environment of current and potential participants in the Automotive Blind Spot Detection System market, along with those companies' strategic product development ambitions. tegic product development ambitions. According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparabThe report provides actual market sizes and forecasts for each segment mentioned above. casts for each segment mentioned above. Who should buy this report? Participants and stakeholders worldwide Automotive Blind Spot Detection System market should find this report useful. The research will be useful to all market participants in the Automotive Blind Spot Detection System industry. Managers in the Automotive Blind Spot Detection System sector are interested in publishing up-to-date and projected data about the worldwide Automotive Blind Spot Detection System market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Automotive Blind Spot Detection System products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. Request a Customized Copy of the Automotive Blind Spot Detection System Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable groffers a comprehensive solution, from. CMI provides a one-stop solution forOur company's expert analysis digs out essential factors that help usdigs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply client insights on aspects such as strategies for future estimation falls, forecasting or opportunities to grow, and consumer surveys. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Automotive Blind Spot Detection System Research Report | Fast Delivery Available - [220+ Pages] @ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Automotive
- Yahoo
ADAS Markets: Camera Units, LiDAR, Radar Sensors, Ultrasonic Sensors, ACC, AEB, LDW, IPA, BSD, L1, L2, L3, L4, L5 - Global Forecast to 2032
The shift towards software innovation, edge computing, AI, ML, IoT, and big data analytics are key drivers, enhancing ADAS functionality and safety. The battery electric vehicle (BEV) and passenger car segments are expected to lead, driven by policy incentives and increasing safety standards. Regions like Europe are pivotal, with stringent emission regulations shaping the market. Key players such as Robert Bosch and Continental AG dominate, with OEMs like BMW and Tesla pushing innovations. This detailed market analysis offers insights into competitive landscapes, opportunities, and trends, crucial for industry stakeholders. Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "ADAS Market by Hardware Offering (Camera Units, LiDAR, Radar Sensors, Ultrasonic Sensors), Software Offering, System Type (ACC, AEB, LDW, IPA, BSD), Vehicle Class, Vehicle Type, EV Type, Level of Autonomy (L1, L2, L3, L4, L5), and Region - Global Forecast to 2032" has been added to offering. The ADAS market is projected to expand from 359.8 million units in 2025 to 652.5 million units by 2032, advancing at a CAGR of 8.9% The industry is undergoing strategic transformation with a rising focus on software innovation characterized by user-friendly interfaces, over-the-air updates, and data analytics to enhance system performance. Advancements in edge computing have propelled local data processing by vehicle cameras and sensors, enabling swift decision-making and uninterrupted functionality where connectivity may be constrained. Moreover, the integration of ADAS with AI, ML, IoT, and big data analytics is spurring the evolution of smarter, adaptive systems. As safety regulations tighten and consumer demand for safer transportation grows, the commercial vehicle segment is set for substantial growth, as ADAS solutions contribute to driver safety and accident reduction. The battery electric vehicle (BEV) is projected to hold the largest share of the ADAS market by electric vehicle type during the forecast period The BEV segment, expected to lead in market share by volume, benefits from declining EV battery costs, range enhancements, and the rapid growth of global EV charging infrastructure. Governments in India, China, the US, and Europe are encouraging this shift through subsidies and incentives for EV purchases and charging infrastructure development. Such measures include tax rebates, EV infrastructure grants, and reduced import duties. Prominent OEMs like BMW, BYD, Mercedes-Benz, Audi, and Ford are introducing electric vehicles with enhanced safety and driver assistance features. Notably, Ford's 2025 Capri EV includes lane departure warning, lane keeping assist, blind spot detection, traffic sign recognition, and automatic parking features. In February 2025, BYD (China) launched its 'God's Eye' driving assistance system, elevating BYD vehicles with advanced technologies, emphasizing BEVs as a cornerstone of future mobility. The passenger car segment is projected to lead the ADAS market by vehicle type during the forecast period. Growth in the passenger car segment during the forecast period is driven by the increasing trend of self-driving technologies and advancing in-car technologies. Luxurious vehicles in high demand globally often come equipped with dominant features like driver monitoring systems, intelligent park systems, and pedestrian detection systems. The 2025 Genesis G90, for instance, offers remote smart parking assist, smart cruise control with stop-and-go, hands-on detection, safe exit assist, and blind-spot collision-avoidance, among others. OEMs such as Toyota, Hyundai, Tesla, Ford, Mercedes, BMW, Jaguar, and General Motors are significantly investing in higher autonomy vehicles, with Hyundai Motor Company announcing a USD 21 billion investment in the US from 2025 to 2028, including USD 6 billion targeted at autonomous driving technologies. Europe is projected to have a significant market share in the ADAS market during the forecast period. Stringent emission regulations and zero-emission objectives play a critical role in the region's significant share within ADAS. European technological evolution, marked by driver assistance features like traffic jam assist and blind spot detection with rear cross traffic, propels market growth. Beginning July 7, 2024, the EU's second phase of General Safety Regulation II mandates stricter safety standards across new vehicle releases, requiring technologies like advanced emergency braking system, intelligent speed assistance, and driver drowsiness attention warnings in passenger cars, while buses and heavy vehicles must integrate systems including blind spot information systems and tire pressure monitoring. Transitioning towards EVs amid safety and consumer awareness boosts ADAS demand within Europe. The ADAS market commands a substantial player presence, with in-depth insights gathered via interviews: CEOs, marketing directors, and key innovation executives among them. The significant players include Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Denso Corporation, and Magna International Inc., offering integrated ADAS solutions meeting stringent regulatory and consumer demands. Key Benefits of Buying the Report: Insightful approximations of revenue figures for the ADAS market and its segments. Understanding the competitive environment and strategic advantages for better business positioning and market entry planning. Dispels insights into market dynamics, covering drivers, restraints, challenges, and opportunities. Provides trends and pricing trajectory insights for informed strategic planning. The report provides insights into the following points: Market dynamics, including drivers like vehicle safety focus, ADAS-driven comfort, regulatory standards, and emerging opportunities. Innovation Insights: New technological advancements and R&D activities in ADAS. Exhaustive Market Development: Insight into lucrative ADAS market regions and developments. Competitive Analysis: Detailed assessment of leading players like Bosch, Continental, ZF Friedrichshafen, among others. Key Attributes: Report Attribute Details No. of Pages 536 Forecast Period 2025 - 2032 Estimated Market Value (USD) in 2025 $359.8 Million Forecasted Market Value (USD) by 2032 $652.5 Million Compound Annual Growth Rate 8.9% Regions Covered Global Market Dynamics Drivers Increased Focus on Vehicle Safety Enhanced Vehicle Safety and Driving Comfort With ADAS Increased Premium Vehicle Sales Shift Toward Autonomous Vehicles Government Regulations and Safety Standards Challenges High Cost of ADAS Integration Addressing Reliability Issues of Sensors in ADAS Opportunities Advancements in Autonomous Vehicle Technology 5G Integration in Automotive Networks Rising Incorporation of IoT EV Manufacturers Enhancing Driving Experience and Safety Future of Autonomous Ridesharing Innovative LiDAR Technology by Key Startups Case Studies Tata Elxsi Designed Robotaxi to Accelerate Autonomous Driving With Advanced ADAS Solutions Renovo Developed First Automotive-Grade, Edge-Centric Data Management Platform for Autonomous Vehicles Scenario-Based Testing Validation for ADS/ADAS With Adscene General Motors Evaluated Effectiveness of Safety Systems in GM Vehicles Momenta Showcased MPilot Parking Konrad Technologies Conducted ADAS Sensor Package and Reliability Test Nvidia Provided Open Autonomous Vehicle Development Platform ZF Released AI-Based Services for ADAS Renesas Boosted Deep Learning Development for ADAS and Automated Driving Applications Velodyne Sensors Launched AutonomouStuff'S Open Autonomy Pilot Autocruis Introduced AMD SoC-Powered ADAS and IMS for Cars Mercedes-Benz Used Ansys Optislang for ADAS Validation Through Reliable Analysis Industry Trends Not specifically mentioned under Market Dynamics Company Profiles Robert Bosch GmbH Continental AG ZF Friedrichshafen AG Denso Corporation Magna International Inc. Mobileye Aptiv Valeo Hyundai Mobis Nvidia Corporation NXP Semiconductors Autoliv Astemo Ltd. Horizon Robotics Inc. Advanced Micro Devices, Inc. Ficosa Internacional SA Aisin Corporation Renesas Electronics Corporation Infineon Technologies AG Hella GmbH & Co. KGaA Texas Instruments Incorporated Samsung Gentex Corporation Blackberry Limited Microchip Technology Inc. Veoneer US Safety Systems, LLC. Panasonic Automotive Systems Co., Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Mining Conveyor System Market - Global Forecast to 2032: Top Firms like ABB and TAKRAF Propel Gearless Conveyor Deployment through Strategic Partnerships
The mining conveyor system market is set to expand from USD 351.7 million in 2025 to USD 359.4 million by 2032, with a CAGR of 0.3%. Growth is driven by technological advancements like automation and energy-efficient components, alongside rising mineral demand. Gearless drives are poised to lead with higher CAGR due to efficiency and low maintenance. Overland conveyors will hold substantial market share, boosting sustainability and reducing costs in mining operations. Key players include FLSmidth, Continental AG, Metso, ABB, and BEUMER Group. With China's prominence in the Asia Oceania market, the industry's focus is on automation and modernization. Mining Conveyor System Market Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Mining Conveyor System Market by Conveyor Type (Belt, Cable/Steel Cord, Bucket & Side Wall), Service Type (In-pit, In-plant, Overland, Pipe), Application (Open-pit, Underground), Drive Type (Geared, Gearless), & Region - Global Forecast to 2032" has been added to offering. The mining conveyor system market is anticipated to increase from USD 351.7 million in 2025 to USD 359.4 million by 2032, with a CAGR of 0.3%. This growth is driven by technological innovations and an escalating demand for minerals. Advancements in automation, remote monitoring, and energy-efficient components are enhancing efficiency and safety while reducing costs. The push for clean energy, electric vehicles, and infrastructure growth is further accelerating the demand for vital minerals like lithium, copper, and rare earth Drive Systems to Outpace Geared DrivesGearless drive conveyor systems are expected to register a higher CAGR compared to geared systems during the forecast period. They offer significant advantages in energy efficiency, reduced maintenance, and reliability in harsh environments. By eliminating mechanical components such as gearboxes, gearless drives reduce the risk of breakdowns and operational costs. Leading companies such as ABB (Switzerland), TAKRAF GmbH (Germany), Innomotics (Germany), and Siemens (Germany) are key providers of these systems. A notable development in March 2024 saw TAKRAF GmbH and ABB enhance their partnership to broaden the use of Gearless Conveyor Drive (GCD) technology in TAKRAF's handling Role of Overland ConveyorsOverland conveyors maintain a substantial market share due to their ability to transport bulk materials over extensive distances efficiently. They offer lower operational costs and environmental impact than traditional truck haulage, making them suitable for large mining operations. These systems are crucial for transporting materials from remote sites to processing facilities while minimizing fuel use and emissions. In March 2025, Rio Tinto (UK) announced a USD 1.8 billion investment for the Brockman mine extension, including a new overland conveyor system, slated for completion in Leads the Market in Asia OceaniaChina is projected to be the largest market in Asia Oceania due to vast mining activities and industrial initiatives like the Made in China 2025 plan, fostering increased adoption of conveyor technologies. The expansion of mining capacities for coal and rare-earth minerals boosts the demand for efficient systems. Leading Chinese companies, including China Shenhua Energy Co., Ltd. and Yanzhou Coal Mining Company Limited, are heavily investing in advanced conveyor technologies, driven by stringent environmental regulations and automation Market AnalysisThis research categorizes the mining conveyor system market by conveyor type, service type, application, drive type, and region. It provides insights into major factors driving and restraining market growth, offering a competitive analysis of key industry players. The report also highlights product innovation, market development, and diversification in the mining conveyor system to Buy the ReportThis report offers essential insights for market leaders and new entrants, providing close approximations of revenue data for the mining conveyor system market and its segments. Stakeholders can leverage this information to understand the competitive landscape and devise effective strategies. The report covers key market drivers, restraints, opportunities, and challenges. Analysis of market drivers (increased mineral demand, mining activity expansion) and restraints (high installation costs). Insights on product development and emerging technologies in the conveyor system market. Information on market diversification and lucrative regions for mining conveyor systems. Competitive assessments of major players like FLSmidth A/S (Denmark), Continental AG (Germany), and ABB (Switzerland). Key Attributes: Report Attribute Details No. of Pages 247 Forecast Period 2025 - 2032 Estimated Market Value (USD) in 2025 $351.7 Million Forecasted Market Value (USD) by 2032 $359.4 Million Compound Annual Growth Rate 0.3% Regions Covered Global Market Dynamics Drivers Rising Demand For Minerals and Metals Expansion of Mining Activities Growth in Open-Pit Mining Restraints High Installation Cost Opportunities Rising Demand For Automation Development of Green Conveyor Systems Challenges Maintenance and Downtime Risks Trends and Disruptions Impacting Customer Business Ecosystem Analysis Supply Chain Analysis Pricing Analysis Average Selling Price, by Conveyor Type Average Selling Price Trend, by Region Patent Analysis Impact of Generative AI Case Study Analysis Siemens Implemented Advanced Gearless Conveyor Drive System To Improve Reliability and Uptime Flsmidth Developed Pipe Conveyor System To Achieve Sustainable and Efficient Ore Transport Process Thyssenkrupp Installed Overland Conveyor System To Ensure Efficient, Long-Distance Coal Transportation US 2025 Tariff Analysis Introduction Key Tariff Rates Conveyor System Components: Pre- and Post-Tariff Cost Analysis Impact on Country/Region US Europe Asia Pacific (India and Southeast Asia) Impact on Mining Industry Investment & Funding Scenario Technology Analysis Key Technologies Radiofrequency Identification Proximity Sensors Complementary Technologies Artificial Intelligence (AI) and Machine Learning (ML) Augmented Reality (AR) Adjacent Technologies Internet of Things (IoT) HS Codes Import Scenario Export Scenario Regulatory Landscape Regulations, by Country Regulatory Bodies, Government Agencies, and Other Organizations Key Conferences & Events, 2025-2026 Key Stakeholders and Buying Criteria Key Stakeholders in Buying Process Buying Criteria Company Profiles Flsmidth a/S Continental Ag Metso Abb Beumer Group Nepean Shandong Mining Machinery Group Co., Ltd Herrenknecht Ag Fenner Dunlop Australia Pty Ltd. Takraf Gmbh West River Conveyors Terra Nova Technologies, Inc. Semperit Ag Holding Bando Chemical Industries, Ltd. Feeco International, Inc. Ske Industries Dura Conveyor Belting Pvt. Ltd. Sanwei Holding Group Co., Ltd Miletech Conveyor Belt Hebei Joyroll Conveyor Machinery Co., Ltd. Shandong Land Bridge Rubber Co., Ltd. Thejo Australia Dmc Conveyor Services Quarry Mining Llc Btl Epc Ltd. Allor Manufacturing/Plesh Industries Nextore Conveyor Manufacturers Australia For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Mining Conveyor System Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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26-05-2025
- Automotive
- Yahoo
OTR Tires Market Research 2025-2032: Container Handlers Dominate Industrial Equipment OTR Tires Market Amid Port Projects Expansion
The global OTR tires market is projected to expand from USD 3.66 billion in 2024 to USD 5.58 billion by 2032, driven by growth in infrastructure, construction, and mining activities. The US is investing heavily in critical minerals mining, while China is spearheading development through the Belt and Road Initiative. Solid tires are gaining popularity in construction due to durability and lower maintenance, notably in the Asia Pacific region. Container handlers dominate the market in industrial equipment due to port advancements. Leading players include Continental AG, Bridgestone, and Michelin, focusing on innovations and sustainable manufacturing. The report provides insights into drivers, restraints, opportunities, and market strategies. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "OTR Tires Market by Application (Construction & Mining Equipment, Agriculture Tractors, ATVs, Industrial Equipment), Agriculture Tractor by Power Output, Tire Type (Radial, Solid, Bias), Rim Size, Retreading (Application & Process), Aftermarket, Region - Global Forecast to 2032" report has been added to OTR tires market is estimated to grow from USD 3.66 billion in 2024 to USD 5.58 billion by 2032 at a CAGR of 6.2% The report's scope covers detailed information regarding the major factors influencing the growth of the OTR tires market. A thorough analysis of the key industry players has provided insights into their business overview, products, key strategies, contracts, partnerships, agreements, product launches, mergers and acquisitions, recession impact, and recent developments in the OTR tires growth in infrastructure, construction, and mining activities worldwide is primarily driving the OTR tires market. In the US, significant investments are being made for critical minerals mining and infrastructure, with an investment of USD 3.8 million for the Ozark Plateau under the Bipartisan Infrastructure Law. Also, the Trump administration aims to accelerate critical mineral production domestically, reducing dependence on foreign sources, which will have an institutional investment of up to USD 800 million from the US Export-Import Bank for NioCorp's Elk Creek Critical China's investment of USD 70.7 billion in construction contracts and USD 21.4 billion in overseas mining under the Belt and Road Initiative from 2024 -2025 would drive the market for OTR tires in Asia Pacific. Also, the rapid growth in the construction, mining, and agriculture sectors is driven by infrastructure investments, urbanization, and increased use of heavy machinery in emerging economies. However, the OTR tires market faces some challenges with the volatility of raw material prices, high manufacturing costs, supply chain disruptions, and the need to adapt to evolving vehicle technologies and environmental regulations, all of which impact tires are the second fastest-growing segment of the construction equipment tires are gaining popularity in the construction industry, particularly for compact equipment categories such as skid-steer loaders, RTLT-Telescopes, and compact wheeled loaders. These tires are made from solid rubber or rubber-like compounds, offering several advantages over pneumatic tires, including increased durability, puncture resistance, lower maintenance costs, and continuous operation with minimal downtime. At the regional level, the use of solid tires in construction and mining is growing steadily Asia Pacific region leads with rapid infrastructure and mining expansion, driving strong demand, whereas North America and Europe are witnessing gradual growth due to increased focus on durability, safety, and low maintenance in heavy equipment. For forklifts, solid tires are offered in a smaller size, ranging from 7.5-20 to 10.00- 20-inch, whereas for tow tractors, the solid tires typically range between 20.5 and 16-inch, which are designed to handle heavy loads in a harsh tires are replaced at very low rates and have lower maintenance costs, which improves and increases industrial operational efficiency and uptime. Also, these OTR tires find their application in warehouses and the industrial sector and have higher demand in regions such as North America, Europe, and Asia Pacific, where e-commerce and logistics industries are rapidly expanding, which is driving the demand for industrial vehicles equipped with solid tires. Solid OTR tires are priced lower than biased OTR tires in many handlers hold the largest industrial equipment OTR tires handlers dominate the OTR tires market in the industrial equipment segment in 2025, owing to their increased operations in ports and logistics. In container handlers, empty & laden FLT vehicles and reach stacker vehicles are considered, which are usually offered with the same size of OTR tires on the front and rear axles. The tire sizes for this vehicle differ according to the tonnage capacity. Normally, the tire size offered in container handlers ranges from 12.00-24 to 16.00-25-inch, depending on their specific models and operational requirements. These OTR tires are primarily used in container handlers and are are designed to lift goods and transport shipping containers within ports and terminals, handling loads weighing several tons. Emerging economies are investing in developing new ports due to increased supply chain management. For instance, in Europe, the Port of Genoa in Italy is undergoing around USD 1 billion breakwater upgrade to enhance protection and accommodate larger vessels, expected to be completed by 2026. The Port of Rotterdam in the Netherlands is expanding its Maasvlakte II terminal with a USD 1.1 billion project that will add new deep-sea quay facilities, also targeted for completion around 2026. These large-scale upcoming port projects are likely to increase the demand for large tonnage capacity of container handlers and different sizes of OTR tires, which will ultimately drive the demand for OTR Pacific is the fastest-growing OTR tires market Asia Pacific region dominates the global OTR tires market, with emerging economies such as China and India being significant contributors. Countries like China and India hold the largest construction & mining and agriculture tractors market. The infrastructural development in India and China is mostly for highways, bridges, industrial facilities, and power plants, significantly increasing the need for heavy-duty vehicles that rely on OTR tires. For instance, according to the Green Finance & Development Center's China Belt and Road Initiative (BRI) Investment Report 2024, China's total BRI engagement in 2024 reached USD 121.8 billion, of which nearly USD 70.7 billion was used for infrastructure construction. Hence, these investments are driving the market for OTR tires in the Asia Pacific region. Market Dynamics Drivers Infrastructure Development and Growth in Construction and Mining Activities Shift Toward Mechanization Expanding Off-Highway Equipment Rental Market Restraints Availability of Low-Cost Tires From Unorganized Markets Commercialized Use of Integrated Advanced Sensor-Based Technologies Opportunities Focus on Sustainable Manufacturing Techniques Rising Adoption of Retreading Method Increasing Sales of All-Terrain and Utility Terrain Vehicles Challenges High R&D Cost and Regulatory Compliance Recommendations Asia Pacific To Dominate OTR Tires Market Global Shift To Radial OTR Tires Growth of Compact Construction Equipment Case Study Analysis Integration of Atlas Tire Pressure Monitoring System To Prevent Tire Failure Bridgestone's Mastercore Otr Tires in Open-Pit Mining Improved Retreadability Using Software Program Trade Data Analysis Imports Germany France Mexico Exports China Thailand Germany Japan Technology Trends Key Technologies Intelligent Tires Advanced Otr Tires For Construction Equipment Precision Technology Track Temperature Measurement Systems Contact Area Information Sensing Airless Otr Tires Complementary Technologies Alternative To Natural Rubber Adjacent Technologies Tire Management Software Tire Pressure Monitoring System Company Profiles Key Players Continental Ag Business Overview Products Offered Recent Developments Product Launches/Developments/Enhancements Deals Expansions Other Developments The Analyst's View Key Strengths Strategic Choices Weaknesses and Competitive Threats Bridgestone Corporation Michelin Pirelli & C. S.P.A. The Yokohama Rubber Co., Ltd. Titan International, Inc. Nokian Tyres Plc. Ceat Cma, Llc Sumitomo Rubber Industries, Ltd. Other Players Eurotire Magna Tyres Techking Tires Triangle Tire Mrf Tyres Jk Tyre & Industries Ltd. Apollo Tyres Ltd. Balkrishna Industries Limited Maxxis International-Usa Linglong Tire Qingdao Rhino Tire Co., Ltd. Otani Tire Belshina For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
