openPR Logo
Press release

Global Automotive Speed Limiter Market Prime Economies Expected to Deliver Major Growth until 2028 // Remote Control Technologies Pty Ltd (RCT), Continental AG, Highway Digital (Nigeria) Limited, SABO Electronic Technology Co., Ltd

03-25-2019 01:01 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Automotive Speed Limiter Market Prime Economies

Automotive speed limiters offer a range of substantial advantages, including reduction in driver fatigue coupled with enhanced driver comfort, automotive speed limiters avoid unintended speeding, and lowers carbon footprint. Subsequently, the aim of the study is to analyze the most recent trends and dynamics in the Global Automotive Speed Limiter Market.

Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=2345

Automotive speed limiter, one of the vital cruise control systems, is a personal assistant for speed management, predominantly utilized in passenger vehicles.  In automotive speed limiter your personal assistant for speed at installation, i.e. by OEM. In addition to that, drivers can use an (optional) command module to set variable, voluntary limits in automotive speed limiter. Once the set limit is reached, the car will no longer accelerate due to command module set in automotive speed limiter. A strong push in automotive speed limiter however, will allow the car to exceed the set speed or threshold (safety) speed.  Moreover, with an installation of automotive speed limiter set at moderate speed can achieve a significant reduction in fuel consumption, a noteworthy figure that would dramatically reduce running costs over a typical 4 to 5 years, as well as reducing emissions and extending engine life.

Global Automotive Speed Limiter Market: Dynamics      

Automotive Speed Limiter ensures the safety of the vehicle and its occupants. With the rising traffic and incidents related to accident and trauma has also necessitated the speed limiters. Additionally, Rising fuel costs are becoming an ever greater issue, and automotive speed limiters give vehicle operators another tool in their arsenal to restrict a driver’s speed, particularly when motorway driving.  A positive outlook for increasing fleet of passenger cars across the world bolsters the growth trajectory of global automotive speed limiters market. Apart from this, quick and easy installation of automotive speed limiters also reinforce the budding use of the component and support the growth of automotive speed limiters market. In economic terms, rapid urbanization and rising disposable income will affirm the growth of automotive speed limiters market.

Popularity of conventional vehicles with less equipped technology impound the automotive speed limiter market in Asian countries. Moreover, high acceptance and imposition of fines against speed violations are foreseen to steer the global automotive speed limiters market. Intelligent automotive speed limiter combines the functionality of key technologies, including adjustable speed limiter and traffic sign recognition. Subsequently, in a nutshell, economic factors and regional demographics play a pivotal role in the global automotive speed limiters market.

To know more about the Automotive Speed Limiter Market Visit the link- https://www.factmr.com/report/2345/automotive-speed-limiter-market

Global Automotive Speed Limiter Market: Regional Outlook

With the prevalence of speed cameras in the countries of Western Europe, the technology – automotive speed limiter finds itself a good match. Intelligent automotive speed limiters will augment the safety inclusions in the vehicle. Besides mandatory attachment of automotive speeded limiters in new cars across North America and Western Europe set to promulgate the growth of automotive speed limiters market. Further, the government of India has been striving to mandate the use of automotive speed limiters in a bid to curb speeding and reduce related accidents. Singapore and other ASEAN countries will witness a surge in the utilization of automotive speed limiter over the coming years. With a substantial disposable income of the people in some countries of the Middle East, growing fleet of luxury vehicles will encourage the demand for automotive speed limiters. Moreover, Latin America is expected to enhance the use of automotive speed limiters in the near future.

Global Automotive Speed Limiter Market: Key Participants

List of some of the prominent market participants in the global automotive speed limiter market discerned across the value chain include: MKP Parts B.V. Vodafone Automotive SpA, AVS LTD. Remote Control Technologies Pty Ltd (RCT), Continental AG, Highway Digital (Nigeria) Limited, SABO Electronic Technology Co., Ltd.

The research report – Automotive Speed Limiter presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The study on automotive speed limiter market also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to automotive speed limiter market segments such as geographies, application, and industry.

Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=2345

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at -https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Speed Limiter Market Prime Economies Expected to Deliver Major Growth until 2028 // Remote Control Technologies Pty Ltd (RCT), Continental AG, Highway Digital (Nigeria) Limited, SABO Electronic Technology Co., Ltd here

News-ID: 1669881 • Views: 245

More Releases from Fact.MR

Autonomous Last Mile Delivery Market to Show Commendable Growth at a CAGR of 19%; Opines Fact.MR
Autonomous Last Mile Delivery Market to Show Commendable Growth at a CAGR of 19% …
It is anticipated that the global autonomous last-mile delivery market would expand at a CAGR of over 19%. The need for autonomous last-mile delivery has rapidly increased in recent years. Due to advancements in delivery system technology, the market has experienced tremendous growth in recent years. The market's growth can be attributed to the rising use of autonomous vehicles for human-free delivery of commodities. Additionally, the expansion of the e-Commerce industry
08-29-2023 | Health & Medicine
Fact.MR
Point of Care Diagnostics Market is Prophesied to Reach US$ 66 Billion by the en …
According to this new report, point of care test (POCT) kit shipments are anticipated to soar at a CAGR of almost 7% between 2021 and 2028. The global point of care diagnostics market had a value of $34.1 billion in 2020 and is projected to grow to $66 billion by the end of 2028. In the upcoming years, point of care diagnostics will generate more money due to the rising global
Global Calcium Fluoride Market is Predicted to Reach a Valuation of US$ 3.5 Bill …
From 2023 to 2033, there will be a sharp rise in the demand for calcium fluoride, with a CAGR of 8.1% predicted. Calcium fluoride is a crucial component in the production of calcium sulfate and hydrogen fluoride. According to data given by Fact.MR, a supplier of market research and competitive intelligence, the global calcium fluoride market is anticipated to reach a value of US$ 3.5 billion by the end of
Brine Chillers Market is Predicted to Rise at a CAGR of 4.4% Through 2033
Brine chillers are used to provide cooling solutions in a variety of industries. Including chemical processing, pharmaceuticals, food and beverage production, and HVAC systems, among others. The global brine chillers market is anticipated to reach a value of US$ 11.76 billion in 2023 and increase at a CAGR of 4.4% between 2023 and 2033. The brine chillers industry is likely to be worth US$ 18.09 billion by 2033.In the upcoming years,

All 5 Releases


More Releases for Automotive

KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Automotive Gearbox Market,Automotive Gearbox Industry, Global Automotive Gearbox …
Latest industry research report on: Global Automotive Gearbox Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This industry study presents the global Automotive Gearbox market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Gearbox production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Gearbox in volume terms are also provided for major countries (or regions), and for each
Automotive Windscreen Sales Market – Analysis of Automotive Windscreen Sales G …
Automotive Windscreen Market report provides an in detail study of Manufactures in the market which is based on the various objectives associated with an organization such as Analysis, Market Share, Regional Market Performance, Product Specification, and the Company Introduction. The latest market intelligence study on Automotive Windscreen Sales market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities
Global Automotive Windshield Pumps Market 2018- SHW AG, TRW Automotive, Delphi A …
Apex Market Reports, recently published a detailed market research study focused on the "Global Automotive Windshield Pumps Market" across the global, regional and country level. The report provides 360° analysis of "Global Automotive Windshield Pumps Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Automotive Windshield Pumps industry, and estimates the future
Automotive Steering System Market Players: Mitsubishi Electric, TRW Automotive H …
Automotive steering system market is expected to grow with the CAGR of about 6% from 2016 to 2022. Due to increasing demand for the driving comfort & fuel efficient vehicle as well as increasing vehicle production globally will drive the Automotive steering system market. Market Scenario Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s