Automotive Aftermarket Service Industry

Automotive Aftermarket Service Industry Size, Share & Analysis, By Replacement Parts, By Vehicle Type, By Certification, By Distribution Channel, By Service Channel- Regional Outlook, Competitive Strategies and Segment Forecast 2032: SPER Market Research

admin December 12, 2022 Automotive, Business

According to SPER Market Research, the Automotive Aftermarket Service Industry Market industry is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound, speed, and appearance parameters along with many other aspects. The selling of automotive aftermarket goods and services by businesses (organizations, lone entrepreneurs, and partnerships) that offer automotive aftermarket solutions makes up the automotive aftermarket market.

Automotive Aftermarket Service Industry  Overview (2022-2032)         

Forecast CAGR (2022-2032): 3.59%.    

Forecast Market Size (2032): 602.13 billion.

Impact of COVID-19 on the Global Automotive Aftermarket Service Industry:

The vehicle and transportation industry, which is currently suffering through unprecedented volatility, is one of the verticals that is most vulnerable to the ongoing COVID-19 epidemic. It is anticipated that COVID-19 would have a significant impact on the industry’s supply chain and product demand.

From China’s disruption of the supply chain to the general drop in aftermarket product demand, the sector is now concerned. It is projected that demand for commercial vehicle parts will substantially decrease once all non-essential services have been terminated.

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Automotive Aftermarket Service Industry Key Segments Covered:  

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.

By Replacement Parts:

  • Tire.
  • Battery,
  • Brake Parts.
  • Body Parts.
  • Exhaust Components.
  • Turbochargers.

By Vehicle Type:

  • Passenger Cars.
  • Commercial Vehicles.

By Certification:

  • Genuine Parts.
  • Certified Parts.
  • Uncertified Parts.

By Service Channel:

  • DIY (Do it Yourself).
  • DIFM (Do it for me).
  • OE (Delegation to OEM’s).

By Region:

  • North America
  • Europe
  • Asia-Pacific

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Automotive Aftermarket Service Industry Key Players:

The Automotive Aftermarket Service Industry Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as;  AISIN SEIKI CO., Continental AG, Cooper Tire & Rubber Company, Delphi Automotive PLC, Denso Corporation, Exide Technologies, Inc., Federal-Mogul Corporation, Goodyear Tire & Rubber Company, HELLA Kaashoek& co., Johnsons Controls Inc., Lear Corporation, Magneti Marelli S.p.A., Robert Bosch GmbH, Royal Dutch Shell PLC, Valeo Group, ZF Friedrichshafen AG.

For More Information, refer to below link: –

Automotive Aftermarket Service Industry Size,

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Automotive Artificial Intelligence Market

Automotive Artificial Intelligence (AI) Market Size, Share & Analysis Research Report, By Level of Autonomy, By Technology, By Vehicle Type, By Application, Regional Outlook and Segment Forecast 2032: SPER Market Research

admin December 12, 2022 Automotive, Business, News

According to SPER Market Research, the Automotive Artificial Intelligence (AI) Market in the automobile industry ushers in a new era. The primary drivers of the global automotive AI market are the increasing demand for autonomous vehicles, the application of AI in traffic management, cutting-edge automotive technology, and government initiatives. However, the absence of infrastructure, expensive operational costs, and high procurement costs continue to remain roadblocks. Recently, the automobile sector has increased its use of AI.

The primary drivers of the global automotive AI market are the increasing demand for autonomous vehicles, the application of AI in traffic management, cutting-edge automotive technology, and government initiatives.

Automotive Artificial Intelligence (AI) Market Overview (2022-2032)

  • Forecast CAGR (2022-2032): 24.45%
  • Forecast Market Size (2032): 20.50 billion

The market for artificial intelligence in the automotive industry has drastically decreased over the previous two years in the COVID-19 era. According to the International Organization of Motor Vehicle Manufacturers, the COVID-19 conundrum, for instance, resulted in a 16% decrease in global vehicle manufacturing in 2020. However, the market will grow significantly in the future years.

Impact of COVID-19 on the Automotive Artificial Intelligence Market 

Over the last two years in the COVID-19 era, the market for artificial intelligence in the automotive industry has seen a severe decline. The COVID-19 initiative has sped up the adoption of artificial intelligence in key sectors, particularly the car industry. Including post-production, manufacturing, supply chain, design, production, driver assistance, and risk assessment systems, AI is effectively used throughout the automotive value chain. Despite relatively modest sales volume during the first year of the epidemic, the market is progressively gaining traction, according to market participants. Automakers have been forced to reevaluate their short-term plan for redefining automation in light of the COVID-19 outbreak.The market will, nevertheless, expand dramatically in the upcoming years.

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Automotive Artificial Intelligence Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.

By Component:

  • Hardware
  • Software

By Level of Autonomy:

  • Level 1
  • Level 2
  • Level 3
  • Level 4

By Technology:

  • Machine Learning
  • Natural Language Processing
  • Computer Vision
  • Others

By Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles

By Process:

  • Single Recognition
  • Image Recognition
  • Data Mining

By Application:

  • Semi-Automatic
  • Human Machine Interface
  • Autonomous Driving

By Region: 

  • North America
  • Europe
  • Asia-Pacific

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Automotive Artificial Intelligence Market Key Players:

The Automotive Artificial Intelligence Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Alphabet Inc., Audi AG, Bayerische Motoren Werke AG, Intel Corporation, International Business Machines, Microsoft Corporation, NVIDIA Corporation, Qualcomm Inc., Tesla Inc., Volvo Car Corporation

For More Information, refer to below link:-

Automotive Artificial Intelligence (AI) Market Future Outlook

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Electric-Vehicle-Charging-Equipment-Market SPER-Market-Research

Global Electric Vehicle (EV) Charging Equipment Market Size Share & Demand by Type, By Charging Level, By Vehicle Type, By Charger Type Outlook, By Mode of Charging, By Connector Outlook, By End User- Regional Outlook, Competitive Strategies, and Segment Forecast 2032: SPER Market Research

admin December 6, 2022 Automotive, Business

According to SPER Market Research, the Global Electric Vehicle Charging System and Equipment Market is predicted to grow most rapidly so with increased government measures that have led to the uptake of electric automobiles. However, the market’s expansion is being hampered by the high cost of EV charging infrastructure and the absence of the latest EV charging infrastructure standards.

Only a small percentage of the workforce was allowed to work in the factories due to the new coronavirus outbreak, which drastically reduced non-essential import and export. System testing was also impacted by the strict pandemic rules. These led to a substantial supply-demand imbalance for the products and services connected with electric car charging stations. Due to the COVID pandemic, the global car industry experienced a novel, unique situation in the previous year. This came after a terrible year for the industry, which witnessed an abrupt stop to several years of expansion and an enormous drop in worldwide automobile production.

Electric Vehicle Charging Equipment Market Overview (2022-2032)         

Forecast CAGR (2022-2032): 31%.      

Forecast Market Size (2032): 286.66 million.

Impact of COVID-19 on the Global Electric Vehicle Charging System Market:

The new coronavirus pandemic resulted in a sharp drop in non-essential import and export, and only a small percentage of the workforce was permitted to work in industries. The strict pandemic restrictions had an impact on system testing as well. As a result of these factors, there was a large supply-demand mismatch for goods and services related to electric vehicle charging stations. As a result of the COVID epidemic, the global auto industry experienced a new and unprecedented scenario in the previous year. This came after a terrible year for the industry, which saw a significant drop in global automobile output and disrupted a several-year-long upward trend. Furthermore, the market for EV charging stations grew this year as a result of increased demand for electric vehicles during the epidemic and government incentives around the world. Leading charging station manufacturers expanded the number of personal and public EV chargers available globally.

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Global In-Vitro Diagnostics Market Key Segments Covered:  

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.

By Type:

  • AC Charging.
  • DC Charging.
  • Inductive Charging.

By Charging Level:

  • Level 1 (120 Volts).
  • Level 2 (240 Volts).
  • Level 3 (480 Volts).

By Vehicle Type:

  • Battery Electric Vehicle.
  • Hybrid Electric Vehicle.
  • Plug-In Electric Vehicle.

By Mode Of Charger:

  • Plug-In Charger.
  • Wireless Charger.

By Region:

  • North America
  • Europe
  • Asia-Pacific

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Global Electric Vehicle Charging Equipment Market Key Players:

The Global Electric Vehicle Charging System And Equipment Market study provide market data by the competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as;  ABB Ltd., Aero Virement Inc., BorgWarner Inc., BP Charge aster, Charge aster PLC, Charge Point Inc., Clipper Creek Inc., DBT SA, Delta Electronics Inc., Eaton Corporation PLC, Engine SA, Fortum, General Electric Company, Leviton Manufacturing Co., Moser Services Group, Plug less Power Inc., Robert Bosch GmbH, Schneider Electric, Seem Connect Inc., Siemens AG, TATA Power Pvt. Ltd., Tesla Motors Inc., The New Motion BV, Wabasso Group.

For More Information, refer to below link: –

Global Electric Vehicle Charging Equipment Market Size,

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Engine Oil Market

Engine Oil Market Size, Share Report, By Type, By Engine Type, By Vehicle Type, By Oil Type, By End User, In-Depth Analysis 2030: SPER Market Research

admin November 17, 2022 Automotive, Business, News

According to SPER Market Research, the Global Engine Oil Market is predicted to grow most rapidly in Asia due to the highest development in the motor oil market as a result of the greatest number of automobiles being present there, notably in countries like China, India, and Thailand.

Additionally, it is expected that China and India would have the greatest number of vehicles on the road and the largest two-wheeler industry, all of which will help the market for automotive engine oil grow.

 

Engine Oil Market Overview (2022-2030):

  • Forecast CAGR (2022-2030): 3.5%
  • Forecast Market Size (2030): USD 48.66 billion

Significant government support for energy-efficient motor oil in North America distinguishes the industry. Furthermore, it is expected that the local population would be well-informed, which will keep the market for synthetic motor oil vibrant.

 

Impact of Covid-19 on the Engine Oil Market:

The increased demand for chemicals and supplies required to battle the COVID-19 pandemic, which interrupted the supply chain for engine oil, led to a scarcity of raw materials for other commodities despite the high price. Businesses that are aggressively growing their capacity to fulfill the short-term COVID-induced demand must exercise prudence when studying these innovative demand patterns. Changes in social, economic, commercial, and political events following the outbreak, as well as projected changes in environmental regulations, will impact the future of the Engine Oil Market company in the coming years. The engine oil industry presented contradictory findings for various applications and areas of COVID-19.

 

Request For Free Sample Report @ https://www.sperresearch.com/report-store/engine-oil-market.aspx?sample=1

 

Global Engine Oil Market Key Segments Covered:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.

 

By Sale Channel,

  • After Market
  • OEM

 

By Type,

  • Conventional Engine Oil
  • High-Mileage Oil
  • Synthetic Blend Oil
  • Synthetic Engine Oil

 

By Engine Type,

  • Alternative Fuel
  • Diesel
  • Gasoline

 

By Vehicle Type,

  • Light Commercial Vehicles
  • Motorcycles
  • Passenger Cars

 

By Oil Type,

  • Fully-Synthetic
  • Mineral
  • Semi-Synthetic

 

By End User,

  • Automotive and Transport
  • Heavy Equipment
  • Power generation

 

By Region,

  • North America
  • Europe
  • Asia-Pacific

 

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.

 

Global Engine Oil Market Key Players:

The Global Engine Oil Market study provides market data by the competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as;  Bharat Petroleum Corp. Limited, Castrol Ltd., Chevron Corp., China Petrochemical Corp., Eni S.P.A, Exxon Mobil Corp., FUCHS PETROLUB SE, Gazpromneft – Lubricants Ltd., GS Caltex Corp., Gulf Oil International Ltd., Hindustan Petroleum Corp. Ltd., Idemitsu Kosan Co., Ltd., Indian Oil Corp. Ltd., Kuwait Dana Lubes Company, Liqui Moly, MOTUL SA, Pennzoil, Petro Canada Lubricants Inc., Petroleum Nasional Berhad, Phillips 66, Ravensberger Schmierstoffvertrieb GmbH, Repsol, Royal Dutch Shell PLC, Shell PLC, SINOPEC, Total Energies, Valvoline Inc.

 

For More Information, refer to below link: –

Engine Oil Market Future Outlook

 

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Contact Us:

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Smith Williams, Business Consultant – USA

info@sperresearch.com

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