Commercial Telematics Market is Expected to Reach Around $ 49.12 Billion, by 2020

According to a new report by Allied Market Research entitled, "Global Commercial Telematics Market (Type, Application, End- User and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020", the global commercial telematics market is expected to reach $49.12 billion by 2020, at an estimated CAGR of 18.4 % during the forecast period (2014 - 2020). The study includes an analysis of drivers, restraints, opportunities and competition, in the key geographies which include in North America, Europe, Asia-Pacific (APAC) and Latin America,Middle East, Australia (LAMEA).

Aftermarket, a segment categorized on the basis of type of telematics, is expected to grow swiftly and remain the largest revenue generator, contributing to over 50% of the total market revenue throughout the forecast period (2014-2020). In addition, fleet/asset management as an application segment, is the highest revenue-generating solution, contributing about 50% of the total commercial telematics solutions market revenue. In certain economies like Brazil and China, the government legislations mandate the adoption of telematics given the rising concern of vehicle tracking and safety and security, thereby driving the demand for telematics solutions.

Telematics industry has grown from traditional navigation services to broadened scope in vehicle tracking, monitoring, fleet management, location-based services and traffic and weather information. The report segments the market by type viz., automotive OEM and aftermarket. Among these, the automotive OEM is expected to grow at a higher rate given the technological alliance between telematics service providers and device manufacturers due to its varied application in many verticals including healthcare, media and entertainment, insurance and logistics. Transportation and logistics segment is observed to have the largest share in the total market size by revenue in 2013 and will remain the largest revenue-generating end user segment given the need for vehicle diagnostics and vehicle tracking etc. The technology is also witnessing increased adoption from sectors such as insurance and healthcare.

View all reports related to Automotive and Transportation at https://www.alliedmarketresearch.com/automotive-and-transportation-market-report

Key findings of the study:

• The growth of the global commercial telematics market would be supplemented by the increased adoption across key sectors such as Logistics and transportation, Insurance, Media and Entertainment and Healthcare during the forecast period (2014 - 2020)
• The need for vehicle tracing, safety and security, government regulations would continue to positively drive the global commercial telematics market over the analysis period (2014-2020)
• Fleet/Asset management solution is one of the most prominent solutions present in the market. It led the market with a share of almost 50% of the global telematics market, followed by Insurance telematics solution and expected to remain dominant in our analysed period.
• Asia-Pacific as well as LAMEA is forecast to be one of the most lucrative markets, in terms of growth given the supportive government regulations and the growing automotive market

The report also outlines the competitive environment of the commercial telematics market, providing a comprehensive comparative study of the key organic and inorganic strategies that the market leaders are adopting to achieve an edge over their competitors. In addition to the product launches, the companies are adopting alliance and partnership as key strategy to gain a higher market share. Companies such as AT&T, Harman and TomTom have collaborated with different industry experts to gain access to the market and technologies. Prominent companies profiled in the report include Verizon, Harman, TomTom, AT&T, Vodafone, Ford Motors, BMW, Telefonica, Mix Telematics and Trimble Navigation Ltd.

Ask Questions To The Experts @ http://bit.ly/1JMk3oW

Connected Car Market is Expected To Reach $141 Billion, Globally, By 2020

According to a new report by Allied Market Research, titled "Global Connected Cars Market (Technology, Connectivity Solutions, Application, Products & Services and Geography) -Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020", the global connected car market is forecast to reach $141 Billion by 2020, growing at a CAGR of 32.7% during the period (2014 - 2020). Integrated connectivity solutions segment is expected to emerge as a preferred connectivity solutions for connected cars, surpassing embedded connectivity solutions segment in 2016. North America currently garners major market share and would maintain the position throughout the forecast period.

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Global Connected Car Market (technology, connectivity solutions, product and services, applications and geography) forecast 2013 2020 from Allied Market Research

The availability of faster communication networks, advanced connectivity solutions and a user friendly interface should drive global connected car market. Also, an enhanced driving experience, offered by connected cars and favorable rules & regulations across numerous countries will fuel the market growth. North America is a relatively mature market for connected cars, as it was amongst the first regions to adopt this new technology. The European connected car market will foresee tremendous growth with the passing of Ecall regulations by the European Parliament. This rule mandates the installation of an Ecall System for every car in production from the year 2015. The eCall system automatically alerts the nearest help service in case of an emergency. This system cuts the emergency service response time by 50% to 60%. The European Union claims that mandating the eCall system could approximately save up to 2,500 lives every year. Following this, Russia and Brazil also look forward to implement a similar kind of legislation into their country. This would also help in tracing cases of car thefts. A research undertaken by the US National Highway Traffic Safety Administration (NHTSA), states that the American government is also looking forward to mandate the use of M2M connectivity solutions into the vehicles. In the years to come, Asia-Pacific should be a prominent automobile market for connected cars, owing to rising disposal incomes and a growing population of tech savvy youth in this region.

2G, 3G and 4G/LTE are the network technologies that are deployed for connectivity within the cars. Amongst these, 2G technology used for providing connectivity will gradually fade out, and will be replaced by the 3G and LTE technologies. Some of the prime reasons for this technological shift would be the rapidly changing telecommunication technology and the introduction of faster & reliable communication networks.

View reports related to information and communication technologies at http://www.alliedmarketresearch.com/information-&-communication-technology-&-media-market-report

Integrated, tethered and embedded are the network solutions used in connected cars. In 2013, embedded connectivity solutions led the market with a share of almost 40% of the global connected cars, followed by integrated and tethered connectivity. However, the prevailing scenario should change by the year 2020, as integrated solutions would lead the market by accounting about 45% of the market share. Freedom of choice provided to the users to customize their connectivity device, data plans, etc. according to their preference and stipulated budget in integrated solutions could be the main reason for this drastic change in its market share. Embedded connectivity solutions would give a tough competition to the integrated connectivity solutions in terms of revenue generation and would hold second position in the market due to its ability to function even in the absence of a mobile connection or a drained battery. In embedded connected cars, the SIM or connectivity device is in built, enabling the system to send an SOS in case of an emergency.

Key findings of the study:

• 2G network technology will slowly fade out giving way to advanced telecommunication technology namely 3G and 4G
• By 2020, integrated and embedded solutions will be amongst the most popular connectivity solutions in the connected car market and would together account for about 80% of the overall market
• North America and Europe would prove to be the most lucrative markets in terms of revenue generation, whereas the Asia-Pacificmarket will grow fastest
• Navigation and infotainment services together occupied almost 80% of the market share in 2013 and would maintain steady growth during the forecast period
• Growing demand for connectivity solutions within the vehicle and the rising number of tech savvy youth are two prime factors that will drive the global connected cars market

Telefonica, Verizon, Harman, TomTom, AT&T Inc., Ford, BMW Audi and Mercedes Benz are the major market players that are profiled in the report. Collaboration and product launch are the prime corporate strategies adopted by these companies. AT&T and Audi have entered into a collaboration to bring 4G LTE technology to their connected cars. With the connectivity service provided by AT&T, Audi's consumers could avail data plans at a reasonable price. Many automakers are teaming up with software providers in order to improve their connected car services. BMW USA, has collaborated with Apple Inc. for software development solutions. AT&T is associated with 13 companies including LG, the South Korean giant, for R&D in the market of connected cars. These collaborations account for stable product offerings where knowledge and technology are shared on a single platform.

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Anti-Counterfeit Electronics and Automobiles Packaging Market is Expected to Reach $24.2 Billion

A new report by Allied Market Research, titled, “World Anti-Counterfeit Electronics and Automobiles Packaging – Market Opportunities and Forecasts, 2014 -2020”, forecasts the global anti-counterfeit electronics and automobiles packaging market to grow at a CAGR of 10.1% from 2015 to 2020. Hologram technology would dominate the authentication packaging technology market and is expected to reach $8.0 billion in 2020. Taggants technology segment is projected to register the highest CAGR of 21.4% during 2015 – 2020. 

To request more information about the report, visit the website at https://www.alliedmarketresearch.com/anti-counterfeit-electronics-and-automobiles-packaging-market 

Be it fake memory chips or refurbished automotive components sold as new, every year counterfeit electronic goods and automobile accessories surge the market in large numbers. Businesses and consumer within automotive and semiconductor industry are respectively losing about $3 billion and $75 billion annually. The high value of counterfeiting has spiked the demand of anti-counterfeit technologies within these industries. Additionally, factors such as advanced tracking technologies and adoption of RFID technology is also contributing to the growth of this market. Moreover, the increasing consumers awareness about counterfeit products and rising government efforts to counter electronic and automotive counterfeiting in developed as well as developing nations is supplementing the market growth. However, high cost associated with implementation of product identification setups and impact of anti-counterfeit products on distribution process would limit the market growth. 

Conventional authentication technologies such as holograms, inks and dyes are the highest revenue generator in the global anti-counterfeit electronics and automobiles packaging market owing to their economic pricing and ease of application. Track and trace technologies are gaining popularity as potential solution for product tracking and authentication. Barcode is one of the leading technology in track and trace solution and is widely used across electronics industry. 

Anti counterfeit electronics and automobiles packaging market opportunities and forecasts 2014-2020 from Allied Market Research

Key findings of the study:

• Inks & dyes and holograms collectively accounted for about 91.2% of the revenue generated in 2014
• RFID technology market segment would grow with highest rate during the forecast period, owing to its accuracy and multiple applications
• North America will continue to lead the global anti-counterfeit packaging (electronics and automobiles) market, closely followed by Europe, all through to the forecast period

Technologies have a significant impact on the global anti-counterfeit packaging (electronics and automobiles) market. The advent of novel technologies leads to introduction of new and advanced product lines in anti-counterfeit packaging market. In order to gain the maximum market share, key leaders of the anti-counterfeit packaging (electronics and automobiles) market have adopted product launch as a key growth strategy, which is proved to be highly successful for this market. Key companies profiled in this report are, Alien Technology Corp., AlpVision, Zebra Technologies Corp., Avery Dennison Corp., Giesecke & Devrient (G&D), Impinj Incorporation, Datamax-O'Neil (Honeywell), Applied DNA Science, InkSure Technologies Inc. and IAI industrial systems. 

Traction Watch: 5 connected car startups to watch

It’s pedal-to-the-metal time for connected cars. The market is expanding at a five-year compound annual growth rate of 45 percent, 10 times more than the overall car market, according to Business Insider. Take a look at these 5 connected car startups showing tremendous growth opportunity.

5 connected car startups to watch
Revenues for connected car services (for driver assistance and autonomous driving applications) will likely jump from 5 percent in 2014 to 11 percent by 2020, says SNS Research.

There are roadblocks ahead, of course. Remember carjacking? Today, the fear is more about car hacking. A July Kelley Blue Book survey found that nearly 80 percent of respondents believe vehicle hacking will become a frequent problem within three years.

Because many aren’t likely to buy a new car because it's "connected," the following startups are showing traction by transforming standard vehicles into connected cars.

Read more at: http://www.cio.com/article/2970439/demo/traction-watch-5-connected-car-startups-to-watch.html

Verizon's Hum could boost connected car market

Verizon’s newly launched Hum service sounds a lot like aftermarket OnStar: it can call for roadside assistance in the case of a breakdown, and will dispatch emergency services if it detects an accident, all through a Verizon  VZ 3.82%  cellular connection.

The Hum, which provides drivers with up-to-date information about their car’s health, isn’t the only connected car device on the market. It’s awfully similar to cheaper products that plug into your car’s onboard diagnostic port currently offered by two other well-funded connected car startups: Automatic Labs and Zubie.

It’s never a good sign for a startup when a giant corporation releases a similar product, but the auto telematics world is small enough at this time that a big brand, like Verizon, entering the market might boost consumer awareness about the entire category.

“One issue that’s keeping the market back is that the main providers in the market are small brands, unknown brands, so they have limited traction, limited marketing dollars to push these kinds of services,” says Jennifer Kent, research director at Park Associates. “It’s likely all of the players in this market could get a bump from Verizon.”

One key area where startups could distinguish themselves from Verizon is on price. Automatic Labs sells a $99 device that plugs into a car’s on-board diagnostics port. However, it doesn’t offer a cellular subscription just yet, but will reportedly be added to its next device. Meanwhile, its main competitor Zubie sells a device that includes cellular connection for a year, as well as similar connected features, in its $99 price.

Verizon’s Hum device is free, but the service costs $15 per month—and you’ve got to sign up for a two-year contract. Despite research that suggests that a majority of car owners would like to bundle their vehicle and smartphone data plans together, Hum is currently billed separately from its smartphone plans. Verizon is also unlikely to experiment with alternative business models that could eliminate the fee, in exchange for driver data.

Meanwhile, both startups offer features that Verizon doesn’t. For instance, Zubie can “monitor and coach” teen drivers, which is attractive to parents with teens behind the wheel for the first time. Zubie can also monitor whether a car leaves a geographic area and send an alert to parents. Automatic’s app includes Apple Watch support, as well as a program for novice drivers. Verizon’s main selling point is safety with its ability to automatically dispach roadside assistance, like OnStar.

When it comes to security, Hum matches up much better in terms of features and price to OnStar, which starts at $20 per month, and must be built into a car. Drivers can’t easily pop OnStar modules in and out of vehicles, so if drivers might want to to update their wireless connection down the line, Hum could be attractive. Still, it’s hard to imagine someone with OnStar built-in opting for an aftermarket alternative.

Verizon could have an edge in the enterprise market, which may hold the most potential for these kind of devices. Companies might prefer to outfit their fleets with vehicle trackers sporting a reliable, tamper-proof Verizon connection. Automatic’s last funding round was led by San Antonio-based insurance provider USAA, which is investigating how to use Automatic to change how it provides insurance to its customers. Zubie is working with Ohio-based insurance provider Progressive to offer discounts based on Zubie Key data.

Read more at: http://fortune.com/2015/08/26/verizon-smart-car-connected/

Connected Cars Market is Expected To Reach $141 Billion, Globally, By 2020

Connected cars facilitate connectivity on wheels offering comfort, convenience, performance, safety and security combined with powerful network technology. This enables the driver to connect with online platforms and facilitates real-time communication on the go. Rising consumer demands, the need for constant connectivity, increased dependency on technology and the growing number of tech savvy people account for the growth of this market. Over time, various connectivity solutions have been developed by the car manufacturers and service providers such as the Machine-to-Machine (M2M) connectivity platform. This M2M feature in a car enables interconnectivity between two connected cars. Numerous sensors and processors located in the car provide accurate and real-time information to the driver.

Read related news: http://prn.to/1fnU5R6

The connected car market is expected to generate a revenue of $141 Billion by 2020. Advanced infotainment systems and a fast connection to the wireless network are the two prominent features that potentially enhance the market growth. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. For instance, AT&T is working with automotive manufacturers to provide contextual voice controls, which would help to create a safer driving experience. TomTom has launched the online turn-by-turn navigation service for customers, making it feasible to connect over a network.

Global Connected Car Market (technology, connectivity solutions, product and services, applications and geography) forecast 2013 2020 from Allied Market Research

Navigation, telematics and infotainment are the major applications of connected cars market. Based on the analysis, navigation should be the fastest growing market during the forecast period. This growth trend observed in the navigation segment is majorly due to the large scale adoption of this service into the connected cars.On the basis of products and services, the market is segmented into sensors, processors, fleet manager, OEM services, aftermarket services and wireless and cellular modules. Amongst all the product and services, fleet manager was the largest revenue-generating segment in 2013. Due to its wide scale application across diverse industries, fleet manager service, is expected to lead the products and services market segment during the forecast period.

Geographically, the market is segmented into, North America, Europe, Asia Pacific and LAMEA. The Asia-Pacific region indicated a prominent growth and will go on to grow at a CAGR of 35.9% over the forecast period. In the years to come, Asia-Pacific should be a prominent automobile market, owing to the rapidly growing population, rising disposal incomes and a large presence of youth. This in turn should indirectly boost the market for connected cars.

AGM Telematics launches updated Routemaster mobile app

Fleet management and vehicle tracking solutions provider AGM Telematics has updated its mobile app and is offering it free-of-charge to all Routemaster users.

The app enables users to view the real-time location of their vehicles and access the core features of the system.

Features include:

• Vehicles view: a summary of all the vehicles and their present status.
• Map view: show all the vehicles, zoom to individual vehicles to enable toolbar actions
• Live tracking: shows the latest location of a chosen vehicle in real time.
• Fast track: override the standard update rate, giving five second updates before returning to the standard rate.
• Route replay: shows the trips carried out on any day since the unit was installed.
• Dashboard: data giving location, alerts, driver information, MOT and service dates.
• Share trip: share access to view a vehicle’s current trip by sending an emailed link.

Source: http://www.fleetnews.co.uk/news/fleet-industry-news/2015/08/25/agm-telematics-launches-updated-routemaster-mobile-app

Option to develop M2M solution for the connected car

Option has won an important engineering contract to develop an M2M solution for the connected car.

The development, awarded to Option for its world class RF (Radio Frequency) engineering capabilities, will be completed in 2016. The project includes multiple man-years of engineering and will contribute to the company’s results with revenue & cash generation as from the second half of 2015.

The project more specifically involves the development of a cellular OBD 2 Datalogger solution to monitor driver behavior and is aimed at the high volume consumer market. OBD 2 (On Board Diagnostics) is an automotive term referring to a vehicle’s self-diagnostic and reporting capability. OBD 2 gives users access to the status of the various vehicle subsystems. An OBD 2 Datalogger solution uses a standardized digital communications port to provide real-time data coming from the car. Car manufacturers comply with this standard and most cars are equipped with this type of communications port.

The contract is a turnkey project and includes design, prototyping, field-testing, production engineering and operator certification. The solution will process important car and GPS position information and through its cellular data connection communicate these data to the cloud. This information can be used by Insurance companies to define custom insurance policies.

OBD 2 telematics shipments are expected to experience a double-digit growth in the next 5 years, mainly driven by the global demand of insurance companies.

The development of such a solution requires accumulated expertise of telecommunication technologies and in competitive design, high volume production techniques and project management skills: exactly the reasons why Option was selected.

Read more at: http://m2mworldnews.com/2015/08/19/31213-option-to-develop-m2m-solution-for-the-connected-car/

TomTom Announces a Change in Its Supervisory Board

TomTom (TOM2) today announces that Toine van Laack has decided to step down from the Supervisory Board of TomTom N.V. as of 1 September 2015 due to the fact that he has ended his employment at Janivo Holding B.V. Toine was appointed in 2013 upon the nomination of Janivo Holding B.V. and Dasym Investment Strategies B.V.

“The Supervisory Board of TomTom is sincerely appreciative of Toine for his commitment, expertise and willingness to constructively contribute to the development and growth of the company’s activities over the past years. The Supervisory Board regrets his departure and wishes Toine every success in the future”

Toine van Laack was able to contribute significantly to the company’s strategy during his time as a Supervisory Board member at TomTom, thanks to his knowledge and understanding of the various markets in which TomTom is active. He has also been of great value to the company as a member of the Audit Committee.

“The Supervisory Board of TomTom is sincerely appreciative of Toine for his commitment, expertise and willingness to constructively contribute to the development and growth of the company’s activities over the past years. The Supervisory Board regrets his departure and wishes Toine every success in the future” said Peter Wakkie, Chairman of the Supervisory Board of TomTom.

Read more at: http://www.businesswire.com/news/home/20150809005018/en/TomTom-Announces-Change-Supervisory-Board

Why automotive electronics is the billion dollar industry of the future

Automotive industry plays a major role for any growing economy and also plays an important role in country’s rapid economic and industrial development. Indian automotive industry contributes significantlyto the overall GDP of the nation and also provides significant business and employment opportunities.

Today’s car is already packed with electronics and, has the highest density of electronic components as compared to other consumer machines. A plethora of technologies powers the car today and these technologies fall into three domains: safety & security, infotainment & telematics, and powertrain (engine and transmission, including the other components as they are an integral part of transmission.) fuel economy.

Infotainment and telematics are addressed by technologies that enable smart traffic management, positioning & location-based services, car-to-car and car-to-infrastructure communication and in the future, perhaps autonomous driving. The Indian automotive industry is witnessing a phase of rapid transformation and growth, mainly driven by stable economic growth and infrastructure development. Along with the Auto industry the auto components industry is also gearing up to compliment it.

Automotive electronics has gained importance on account of the growing consumer demand for performance, safety, comfort and entertainment. The car of future is also expected to be equipped with even more advanced features that would help prevent accidents, entertain occupants and at the same time is eco-friendly. Automotive companies are also looking to stretch their market by introducing such novel features.

Read more at: http://auto.economictimes.indiatimes.com/autologue/Why-automotive-electronics-is-the-billion-dollar-industry-of-the-future/846

The Future of Automotive Design

Car styling is the pinnacle in the world of design and the epicenter of this creative community is in Southern California. Most auto manufacturers have a studio located here and continue work on advanced and next generation vehicles. When one sees BMWs, Mercedes or Hondas on the road, chances are they were originally dreamed up in sunny Southern California.

Three times a year, a cohort of freshly minted designers graduate from Art Center College of Design, in Pasadena, California, one of the world's leading car design schools. Students, with backgrounds in everything from illustration to engineering, are drawn here from all corners of the world where they undergo eight accelerated terms, taught by top industry experts. Finally, at the graduation show, they display their vision of the future hoping to send tremors though the industry.

The next generation car designers are taught all aspects of the business through corporate sponsored projects and internships at leading manufacturers. They gain hands on practical experience in sketching, renderings, clay and computer modeling, - in their quest to to infuse passion into the designs. Pay close attention at the shows, and some of the genius that inspired Chris Bangle, Jay May or Henrik Fisker, may spring forth from among the graduates.

Though the styling may be radical, one will not find anti-gravity cars, new means of mobility or other out-of-this-world propulsion ideas. Positioning the graduation projects in a Market - Technology Risk matrix reveals that most concepts are in the incremental innovation category and, in fact, could be directly put into production within years.

Read more at: http://www.huffingtonpost.com/soren-petersen/the-future-of-automotive_b_8035340.html

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Connected Cars Market is Expected To Reach $141 Billion, Globally, By 2020

According to a new report by Allied Market Research, titled "Global Connected Cars Market (Technology, Connectivity Solutions, Application, Products & Services and Geography) -Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020", the global connected cars market is forecast to reach $141 Billion by 2020, growing at a CAGR of 32.7% during the period (2014 - 2020). Integrated connectivity solutions segment is expected to emerge as a preferred connectivity solutions for connected cars, surpassing embedded connectivity solutions segment in 2016. North America currently garners major market share and would maintain the position throughout the forecast period.

To view the report, visit at: http://prn.to/1fnU5R6

The availability of faster communication networks, advanced connectivity solutions and a user friendly interface should drive global connected car market. Also, an enhanced driving experience, offered by connected cars and favorable rules & regulations across numerous countries will fuel the market growth. North America is a relatively mature market for connected cars, as it was amongst the first regions to adopt this new technology. The European connected car market will foresee tremendous growth with the passing of Ecall regulations by the European Parliament. This rule mandates the installation of an Ecall System for every car in production from the year 2015. The eCall system automatically alerts the nearest help service in case of an emergency. This system cuts the emergency service response time by 50% to 60%. The European Union claims that mandating the eCall system could approximately save up to 2,500 lives every year. Following this, Russia and Brazil also look forward to implement a similar kind of legislation into their country. This would also help in tracing cases of car thefts. 

2G, 3G and 4G/LTE are the network technologies that are deployed for connectivity within the cars. Amongst these, 2G technology used for providing connectivity will gradually fade out, and will be replaced by the 3G and LTE technologies. Some of the prime reasons for this technological shift would be the rapidly changing telecommunication technology and the introduction of faster & reliable communication networks.

Key findings of the study:

• 2G network technology will slowly fade out giving way to advanced telecommunication technology namely 3G and 4G
• By 2020, integrated and embedded solutions will be amongst the most popular connectivity solutions in the connected car market and would together account for about 80% of the overall market
• North America and Europe would prove to be the most lucrative markets in terms of revenue generation, whereas the Asia-Pacificmarket will grow fastest

Telefonica, Verizon, Harman, TomTom, AT&T Inc., Ford, BMW Audi and Mercedes Benz are the major market players that are profiled in the report. Collaboration and product launch are the prime corporate strategies adopted by these companies. AT&T and Audi have entered into a collaboration to bring 4G LTE technology to their connected cars. With the connectivity service provided by AT&T, Audi's consumers could avail data plans at a reasonable price. Many automakers are teaming up with software providers in order to improve their connected car services. BMW USA, has collaborated with Apple Inc. for software development solutions. 

Auto production is surging in the US as the car market booms

U.S. industrial output advanced at its strongest pace in eight months in July as auto production surged in a bullish signal for third-quarter economic growth.

Industrial production shot up 0.6 percent last month after a downwardly revised increase of 0.1 percent in June, the Federal Reserve said on Friday. Economists polled by Reuters had looked for a gain of just 0.3 percent last month.

The gain in output reflected a 0.8 percent increase in factory production that was spurred by 10.6 percent surge in motor vehicle output that more than offset a June decline.

Mining production edged up 0.2 percent, while utilities production fell 1.0 percent.

Read more: http://www.businessinsider.com/r-industrial-output-jumps-as-auto-production-surges-2015-8?IR=T

Smart things market grows with hub for car apps, iPhone-ready plug

Mojio, Inc. recently launched Mojio Drive, a connected car marketplace for the Mojio 3G+GPS device. It launched with 20 apps and services that aims to enhance your driving experience. Apps fall into categories such as vehicle maintenance and repairs, roadside assistance, auto insurance, safety and security, and productivity.

Some of the apps that launched in Mojio Drive include Cloak, which is a connected theft tracker; Gauge, which serves as your personal mechanic; and RepairLync, which serves as a digital interface between drivers and repair shops.

You can visit Mojio Drive using any browser on any device, but the connected car marketplace was specifically made for the Mojio 3G+GPS, which costs $149 and is compatible for use with nearly any car manufactured since 1996.

iHome’s HomeKit-compatible smart plug
iHome Control Smart PlugJoining the smart home bandwagon is as easy as purchasing a smart plug like the iHome Control Smart Plug, which costs only $39.99 on Amazon.com.
What makes it different from other smart plugs on the market is that, aside from being compatible with Android, it also works with Apple HomeKit. This integration allows owners of iPhones, iPads and iPod touch to use Siri in controlling the iHome Control Smart Plug. Plug any device on the iHome Control Plug, such as lamps, fans or humidifiers, and have Siri turn them on or off with the use of your voice.

Insteon launched universal app and partnership
Insteon (SmartLabs, Inc.) launched a universal app that will be included in new Toshiba laptops that will start shipping at the end of August. The app will give Toshiba laptop owners even easier access to their Insteon connected home products and brings home automation closer to consumers.
logitech-harmony-ultimate-homeIt also announced that Insteon devices can be controlled using all Logitech Harmony Hub-based remotes, including the Logitech Harmony Ultimate Home, the Logitech Harmony Home Control and the Logitech Harmony Home Hub, via the Logitech Harmony mobile app. Now, you can control your Insteon connected home from the comfort of the couch while incorporating entertainment devices and home automation products from other manufacturers.
Aside from controlling Insteon wall switches, outlets, plug-in dimmers, light bulbs and other connected devices, the integration also allows users to create scenes such as “Movie Time,” which turns on your TV, Apple TV or Roku, and start dimming thier lights, which can be activated by pushing one button on the Harmony remote.

Get detailed information visit @: http://siliconangle.com/blog/2015/08/18/smart-things-market-grows-with-hub-for-car-apps-iphone-ready-plug/

Why the Dream of Buying a Car in an Hour Might Never Be Reality

"To have a proper experience, buying a car is not done in an hour."

We live in a time when cars drive themselves, people can buy stuff by tapping their phones, voice-controlled virtual assistants can save your life, and when even the U.S. Postal Service is pushing the boundaries of what once seemed possible by shipping groceries and offering same-day delivery

Yet despite our whiz-bang, one-click-purchase times, buying a car still takes forever. OK, it only feels like forever. Research from Edmunds indicates purchasing a car eats up 4.3 hours, on average, or more than half of a standard work day.

That’s probably four times longer than it should take, according to many consumers—75% of whom said in a recent survey that they’d happily conduct the entire purchase online if only it was feasible. There have been efforts to speed things up and appease customers. One car dealership has an ongoing campaign to seal each deal in 45 minutes or less. The Toyota brand Scion is embarking on an experiment to allow purchases to be handled entirely online or be completed in less than an hour at the dealership.

These examples are anomalies, however, and the standard process remains slow, confusing, and antiquated in light of modern-day consumer expectations.

The industry publication Wards Auto recently gathered several industry insider opinions on the pros and cons of car sales taking one hour or less, and if there’s a consensus, it’s that completing such a speedy sale is impossible—and even if it were possible it would be bad for business.

The logistics make it extremely difficult to get the deal done in an hour, one dealership owner said: “In the state of California, it can’t be done because there are too many regulations to cover (at the closing). Two or three hours, that’s where we want to be.”

To read more at: http://time.com/money/4002389/buy-car-one-hour/

These roads will charge cars as they drive

The British government is getting ready to test out new road technology that would allow electric cars to charge as they drive. The goal is to help drivers with electric and hybrid cars avoid frequent stops to recharge their vehicles.

Most electric cars get charged via plug-in chargers at home or while parked on the streets. Wireless power charging "pods" are also available, but they too require the car to stop to get more juice.
The new charging roads proposed by the U.K. government will work kind of like wireless phone chargers, using magnetic induction technology.

The initiative is slated to begin later this year, and engineers will install wireless technology in test vehicles and place special equipment under the roads.

Cables buried underneath the highway would generate electromagnetic fields that could be picked up by a receiver in the car and transformed into electric power. The system would include a communication system, so that the roads can detect that a car is coming and start the process.

For now, the trials will be restricted to test areas where regular drivers aren't allowed. The government is committing £500 million ($779 million) to the project over the next five years.

"Vehicle technologies are advancing at an ever increasing pace and we're committed to supporting the growth of ultra-low emissions vehicles on England's motorways," said the government's chief highways engineer, Mike Wilson.

Read more at: http://money.cnn.com/2015/08/18/technology/uk-electric-cars-roads/

Automotive Lighting Market is Expected to Reach $33.7 Billion, Globally, by 2020 - Allied Market Research

According to a new report by Allied Market Research titled, "Global Automotive Lighting Market - Technology, Vehicle Type, Applications, Size, Share, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2014-2020", the global automotive lighting market is expected to reach $33.7 billion by 2020, registering a CAGR of 6.7% during 2015-2020. Automotive lighting industry is witnessing a steady growth on account of growing automotive production across the world. The growing emphasis on vehicle safety and government regulations regarding automotive lighting systems, are contributing to the market growth. Additionally, increasing disposable income of people is supporting the demand of aesthetic looks for vehicles, which in turn, is creating the demand for advanced lighting solutions.

Asia-Pacific, being the largest automotive vehicle market, would also be the largest market for automotive lighting. Growing automotive production, and increasing purchasing power in the two bigger markets of Asia viz., China and India, would drive the market growth of the Asia-Pacific market.

LED lighting technology would witness the highest growth during the forecast period. Traditional Halogen lighting technology will be gradually replaced by LED technology. By 2020, LED technology will constitute 1/3rd of the total automotive lighting market, growing at the highest CAGR during the forecast period. The growth would be fuelled by features such as low power consumption, longer life and compact size of LED lights. The decreasing cost of LED lights would further fuel their market growth during the forecast period. However, halogen lighting technology would maintain its leading position due to their low-cost advantages and widespread adoption.

Front lighting application finds the largest application in automotive, followed by rear lighting. Government regulations as well as increasing demand related to efficient front lighting in vehicles is driving the growth of this market. Interior lighting would also witness appreciable growth due to the increasing trend of installing LED lights inside the vehicle for enhancing the looks.

Passenger vehicles, with their dominant market share in total vehicle segment, would be the largest vehicle type segment for automotive lighting. The demand for aesthetic lighting features would support the demand of lights in private and commercial cars.

Key findings of the study:

• The global automotive lighting market would grow steadily during the forecast period (2015-2020) due to rising concerns regarding road safety and growing automobile production
• LED technology would be the fastest growing lighting technology throughout the forecast period
• Halogen technology would continue to maintain its leading position due to lower cost and easy availability
• Exterior lighting in vehicles would continue to maintain its dominant share compared to interior lighting
• Asia-Pacific, with its huge automotive vehicle production capacity, would be the largest market for the automotive lighting products
• Passenger vehicles would create more demand for automotive lighting products compared to commercial vehicles during the forecast period

To request more information about the report, visit the website at https://www.alliedmarketresearch.com/automotive-lighting-market

Industry players are focusing on introducing advanced LED lighting solutions as well as expanding their presence in growing automotive markets such as China and India. For instance, Magneti Marelli, a leading manufacturer of advanced lighting solutions for automotive industry, has set up new plants in India and China in fiscal year 2014-15 to take advantage of these growing automotive markets.

Advanced Driver Assistance Systems Market is expected to reach $60.14 Billion, Global, by 2020

A new report by Allied Market Research titled, "Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020", The Global Advanced Driver Assistance Systems (ADAS) market would garner $60.14 billion by 2020, registering a CAGR of 22.8% during 2014 - 2020. The deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safety. The growing trend for comfort and safety while driving, along with favorable government initiatives has largely supplemented the growth of the ADAS market.

An increase in electronic integration along with the multiple functions of different sensors which are used in various driving assistance applications would boost the ADAS market in the coming years. ADAS applications are majorly adopted in the European region and contribute for the largest revenue in the global market, followed by North America. Stringent government regulations and the rising income of people, account for the high growth of the Asian countries.

The European countries exhibit the maximum adoption of ADAS applications. In Europe, the European New Car Assessment Program (NCAP), established by the government, imposes stringent regulations on car manufacturers in order to provide optimum on road security to the driver. The five-star safety rating system created by Euro NCAP program helps the customers to compare vehicles more easily and to identify safe choice for their needs. Asia-Pacific is the most dynamically emerging market with a highest CAGR of 29.54%, owing to favorable macroeconomic factors such as rise in income and purchasing power, changing lifestyle due to growing urbanization and increasing awareness about active safety systems. In the APAC region, China and Japan are the fastest growing countries in terms of automotive and technology adoption.

The ongoing trend reflects a broader adoption of ADAS applications and its manufacturing across a wide range of premium cars. The challenge for automotive manufacturers is to provide these premium features at effective costs.  Following this, to minimize the effects of other challenges such as, complexity in installing different applications, environmental factors viz. snow, fog, lightening & thundering, storms etc. is a big challenge for the players.

Key findings of the study: 

• The Global ADAS market would grow at a promising rate across developing countries like China, India and Japan, during the forecast period (2014 - 2020)

• The cost effectiveness and easy availability of the Ultrasonic sensors would make the segment grow at the fastest CAGR of 24.3% during 2014 - 2020

• Tire Pressure Monitoring System and Drowsiness Monitoring System segments are anticipated to show tremendous growth         

• Increasing purchasing power and supportive government initiatives would foretell remarkable growth for Asia-Pacific market

• Europe would continue to dominate the market throughout the forecast period due to the stringent government regulations

Read more at: http://www.tucsonnewsnow.com/story/29703948/pneumatic-tire-market-is-expected-to-reach-2875-billion-worldwide-by-2020-allied-market-research

Related doc: http://bit.ly/1T9XkZw

Pneumatic Tire Market is expected to reach $287.5 Billion, Worldwide, by 2020 - Allied Market Research

A new report by Allied Market Research titled, "World Pneumatic Tire - Market Opportunities and Forecasts, 2014-2020," forecasts that the global pneumatic tiremarket would garner revenue of $287.5 billion by 2020, registering a CAGR of 7.0% during the forecast period of 2015-2020. The market is primarily driven by the increased production and use of vehicles across the globe. Among the different types of vehicles, the four wheeler segment generated the highest revenue in 2014 and is expected to maintain its dominance throughout the analysis period. Asia-Pacific region is the biggest market followed by Europe. In terms of growth, the LAMEA region would be the fastest growing market, registering a CAGR of 8% during 2015-2020.

See related presentation at:  http://bit.ly/1T6sUXR

The advent of radial tires has revolutionized the market of pneumatic tires. Radial tires are now designed and developed with advanced features to enhance the durability and performance of vehicles. For instance, Bridgestone developed an advanced technology radial tire, "Revolutionarily Reinforced Radial", which improves the tire durability by optimizing the inflation pressure. Radial tires segment accounted for 68.8% of the total tire market by value in 2014, registering a CAGR of 7.2% during the forecast period. Increasing demand of radial tires has been observed in the Asian countries such as China, Japan and India. OEM tires segment is expected to evolve in near future owing to improving global economy and subsequent rise in automotive manufacturing. However, the replacement tire segment had generated around 74.6% of total market revenue in 2014, and would continue to dominate the market in future. Major factors contributing to the market growth are growing automotive sector and increased prices of the tires. In addition, overloading of vehicles, poor road conditions and extreme weather conditions have considerably boosted the replacement tire market.

Read more at: http://www.cbs8.com/story/29703719/pneumatic-tire-market-is-expected-to-reach-2875-billion-worldwide-by-2020-allied-market-research

Read related blog at:  http://blog.alliedmarketresearch.com/pneumatic-tires-find-increased-application-across-construction-equipment-154

3 Stocks Pushing The Automotive Industry Lower

The Automotive industry as a whole was unchanged today versus the S&P 500, which was down 0.8%. Laggards within the Automotive industry included Sypris Solutions ( SYPR), down 4.2%, UQM Technologies ( UQM), down 6.3%, SORL Auto Parts ( SORL), down 7.1%, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 1.6% and Fuel Systems Solutions ( FSYS), down 5.7%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:
SORL Auto Parts ( SORL) is one of the companies that pushed the Automotive industry lower today. SORL Auto Parts was down $0.19 (7.1%) to $2.49 on average volume. Throughout the day, 30,039 shares of SORL Auto Parts exchanged hands as compared to its average daily volume of 24,400 shares. The stock ranged in price between $2.45-$2.70 after having opened the day at $2.65 as compared to the previous trading day's close of $2.68.

SORL Auto Parts, Inc. develops, manufactures, and distributes automotive brake systems and other safety related auto parts. It operates in two segments, Commercial Vehicle Brake Systems and Passenger Vehicle Brake Systems. SORL Auto Parts has a market cap of $53.5 million and is part of the conglomerates sector. Shares are down 27.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates SORL Auto Parts a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SORL Auto Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, attractive valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins.

Read more at: http://www.thestreet.com/story/13247922/1/3-stocks-pushing-the-automotive-industry-lower.html