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January 17, 2023

Automotive technologies market size to grow by USD 151.8 million from 2021 to 2026: A descriptive analysis of customer landscape, vendor assessment, and market dynamics

NEW YORK, Jan. 16, 2023 /PRNewswire/ — The global automotive technologies market size is estimated to increase by USD 151.8 million. The market’s growth momentum will progress at a CAGR of 10.68{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}.

Technavio has announced its latest market research report titled Global Automotive Technologies Market

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Global automotive technologies market – Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

Global automotive technologies market – Vendor analysis
Vendor Landscape – The global automotive technologies market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer automotive technologies in the market are Advanced Micro Devices Inc., Airbiquity Inc., Aptiv Plc, BlackBerry Ltd., Continental AG, DENSO Corp., Elektrobit Automotive GmbH, Faurecia SE, Hitachi Ltd., Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Valeo SA, Visteon Corp., and ZF Friedrichshafen AG and others.

The global automotive technologies market is at its growing stage. This implies that the market in focus is characterized by the rising adoption of ADAS features in vehicles, the integration of advanced safety technologies in luxury cars, and the rise in technological advances in automobiles.

Vendor offerings –

Advanced Micro Devices Inc: The company offers automotive technologies such as Automotive grade Zynq 7000 SoCs which feature programmable system integration, increased system performance, total power reduction, accelerated design productivity, and BOM cost reduction.
Continental AG: The company offers automotive technologies such as drum brakes, LiDAR, ultrasonic parking sensors, 3D displays, motion control, and remote garage parking.
DENSO Corp: The company offers automotive technologies such as air conditioning systems, power train systems, safety and cockpit system, and service stations.
Elektrobit Automotive GmbH: The company offers embedded software solutions and services for the automotive industry.
Faurecia SE: The company offers automotive technologies such as driver assistance systems, actuators, sensors, energy management, and lighting systems.
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Global automotive technologies market – Segmentation assessment

Segment overview
Technavio has segmented the market based on components (hardware, software, and services) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).

The market share growth of the hardware segment will be higher than the other segments during the forecast period. The primary purpose of the car’s computer system is to monitor the engine and regulate it so that emissions are kept as low as feasible. The rising inclination of consumers toward lightweight and fuel-efficient vehicles has encouraged manufacturers to develop advanced components made of materials such as carbon fiber, magnesium, and aluminum and install lightweight radars in vehicles.

Geography overview
By geography, the global automotive technologies market is segmented into APAC, Europe, North America, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global automotive technologies market.

APAC will account for 49{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the market’s growth during the forecast period. The major markets in APAC for automotive technologies are China, Japan, and South Korea. Market growth in this region will be faster than the market growth in other regions. The market expansion for automotive technologies in APAC will be driven by the rising adoption of technologies and connected infotainment systems over the forecast period.

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Global automotive technologies market – Market dynamics

Leading drivers – The rising adoption of ADAS features in vehicles is one of the key drivers supporting the automotive technologies market growth. The applications of ADAS in automobiles have improved due to the quick adoption of software algorithms, CPUs, sensors, cameras, and advanced technology in mapping obstacles. As concerns over passenger security and safety have grown, governments in developing nations have set strict safety standards for automotive manufacturers to create vehicles with ADAS features. For instance, the government of India mandated the installation of a co-driver airbag in all vehicle segments. Such instances may drive market growth during the forecast period.

Key trends – Increasing developments in semi-autonomous and autonomous vehicles are one of the key automotive technologies market trends contributing to the market growth. The deployment of infrastructure-to-vehicle and vehicle-to-vehicle communication technologies, along with the rapid advancement of sensor-processing technologies, high-definition mapping, adaptive algorithms, and other technologies, is driving several companies to increase their production capacities and raising the level of vehicle automation. Increasing the use of automated vehicles is predicted to lower vehicle running costs, improve travel comfort and convenience, and encourage longer commutes, all of which are expected to drive market growth during the forecast period.

Major challenges – The lack of standard protocols is one of the factors hampering the automotive technologies market growth. Numerous governmental guidelines control the manufacturing of automobiles by limiting the creativity of engineers and designers. The main goal of these standards is to improve passenger and driver safety, both on the road and in terms of theft. Each nation has its own set of rules and automakers need to modify their production practices to sell their goods in various international marketplaces. The manufacturers suffer financial losses as a result of having to put up many assembly lines due to the changing norms in each nation. Such losses can prevent the market from growing during the projected period.

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this automotive technologies market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the automotive technologies market between 2022 and 2026
Precise estimation of the size of the automotive technologies market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the automotive technologies market across APAC, Europe, North America, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of automotive technologies market vendors

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Automotive Technologies Market Scope
Report Coverage	Details
Page number	146
Base year	2021
Historic period	2017-2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 10.68{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}
Market growth 2022-2026	USD 151.8 million
Market structure	Fragmented
YoY growth 2022-2023 ({515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502})	9.5
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 49{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}
Key countries	US, China, Japan, South Korea, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Advanced Micro Devices Inc., Airbiquity Inc., Aptiv Plc, BlackBerry Ltd., Continental AG, DENSO Corp., Elektrobit Automotive GmbH, Faurecia SE, Hitachi Ltd., Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Valeo SA, Visteon Corp., and ZF Friedrichshafen AG
Market dynamics	Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio “Consumer Discretionary” Research Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Component

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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Website: www.technavio.com/

Global Traumatic Brain Injury Assessment and Management Devices Market 2023-2027 (PRNewsfoto/Technavio)

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December 28, 2022

Former ‘Million Dollar Listing Miami’ star reveals the ‘game changer’ in real estate heading into 2023

DeBianchi Authentic Estate’s Sam DeBianchi discusses mortgage premiums and shares her outlook for the housing current market into next 12 months.

Authentic estate has proved to be a “challenging” current market to navigate, but a single market pro argues property finance loan prices trending downward at the near of 2022 will be the “recreation changer” heading into 2023.

“A person point that I really will say that is the activity changer in real estate are mortgage loan prices,” DeBianchi Real Estate’s Sam DeBianchi, who starred on Million Dollar Listing Miami’s only season, mentioned on “Mornings with Maria” Tuesday.

“The greater these premiums are, the a lot more persons want in a household. So they want the new household. They want the residence with all the bells and whistles. They will not want the fixer-uppers, and they want to have almost everything created into that home loan.”

Property Selling price Will increase Slow DOWN, Could Carry on TO WEAKEN: Situation-SHILLER

The U.S. Census Bureau noted a 5.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} enhance in new home profits in November, and DeBianchi states this may possibly only raise in 2023 as the existing property finance loan costs prompt customers to appear for new households rather than renting or paying for fixer-uppers.

“Prices have definitely transformed the acquiring landscape mainly because now buyers do not want the fixer-higher, they really don’t want to arrive out of pocket. They’re expressing, ‘well, if I’m going to have to fork out 6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, then I want every little thing to that.’ And which is genuinely the aim.”

Sam DeBianchi Real Estate Mortgage Rates

DeBicanchi Serious Estate’s Sam DeBianchi argues home loan costs are the “recreation changer” in the “tough” housing industry heading into 2023. (FOX Small business)

The October S&P Scenario-Shiller report unveiled Tuesday morning showed property rates declined throughout the state for the fourth consecutive thirty day period, lending to the enhance in home income.

“As the Federal Reserve proceeds to move interest costs greater, mortgage funding continues to be a headwind for home rates,” Craig J. Lazzara, Running Director at S&P DJI, stated in the report. “Given the continuing prospective clients for a complicated macroeconomic environment, charges may possibly effectively continue on to weaken.”

DeBianchi echoed this evaluation, arguing that although property rates may well see a lessen, home loan fees are however a even bigger variable for customers.

“It truly is predicted subsequent yr that the median rate position will be 385,800 for an existing home, not a new home, but an existing house. And naturally, as prices go up, it is really actually putting a good deal of folks on the sidelines.”

Mortgage Premiums Go on DOWNWARD Trend, Slipping FOR SIXTH Week

Even with the latest drop in premiums above the earlier six weeks, calendar year-around-12 months mortgage fees have observed a dramatic improve above the earlier yr. Very last week the 30-calendar year fastened level averaged 6.27{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, down from 6.31{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} the week prior, but more than double the amount of the 2021 30-year FRM at 3.05{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}.

The 15-yr mounted-rate mortgage averaged 5.69{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} up from two months back when it averaged 5.54{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. A calendar year ago, the 15-yr FRM averaged 2.30{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}.

FOX Organization host Charles Payne reacts to the govt digging into the economic system on ‘Making Funds.’

DeBianchi spelled out numerous consumers are opting to purchase a home to experience the positive aspects and seem to refinance in the foreseeable future, but very low stock remains an situation.

“It’s source and demand inventory is so limited. So you will find still not a large amount out there to really pull these price ranges down.”

Continue to, the real estate specialist urged, people are gravitating towards homeownership.

“What I am seeing are [sic] that purchasers are expressing, ‘you know what? There is certainly not a great deal of stock out there. Rents are even now quite much sky-high. So I’m likely to go in advance and get this home now.'”

A For Sale indication is shown in front of a house in Washington, DC, on March 14, 2022. (STEFANI REYNOLDS/AFP by way of Getty Pictures / Getty Visuals)

Debianchi referred to numerous homeowners as staying “more than-leveraged,” which she defined will at some point cause far more qualities and homes to hit the marketplace and significantly increase the stock for prospective buyers.

“So there’s funds to be created. Will not get greedy. But I do assume that there are very a few over-leveraged folks and we’re heading to see people properties strike the sector. Is it going to be a crash? No, but at minimum we are going to have that several much more houses and prospects for people today to purchase.”

Countrywide Association of Household Builders CEO Jerry Howard argues a a lot less hawkish stance from the Federal Reserve and declining house loan prices will ‘help’ markets and household design.

Although the end of 2022 observed a significant enhance in the purchases of new households, there was a fall-off of 7.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in November for current home income.

DeBianchi attributes the craze of new household buys to potential buyers seeking more bang for their buck thinking of the inflated cost tag and considerably bigger mortgage loan rates in contrast to this time very last yr.

“It’s a tough industry. I think that with prices coming down, that’s likely to be the video game changer.”

FOX Business’ Jay Spoehel and Megan Henney contributed to this report.

December 16, 2022

Larimer County prioritizes mental health with new $80 million jail expansion

Larimer County prioritizes mental health with new million jail expansion

Larimer County has started out going into the new $80 million growth of their jail situated near Fort Collins, and the workers inside of are boasting of the facility’s skill to blend corrections with human decency. Architects and county officials built several features of the jail to safeguard the psychological overall health of both inmates and team.

“We have discovered a great deal around the many years on how we can continue on to improve,” stated Larimer County Sheriff Justin Smith. “A big piece of this undertaking was not to only insert beds.”

Although much more than 150 supplemental beds will assist the country catch up with populace progress due to the fact the previous jail undertaking was concluded in the 1980s, Smith claimed the new expansion rethinks how the jail attempts to implement the law when also treating inmates as humans who will most probable be produced back into modern society in a short time.

“We took the human dignity element in,” Smith claimed.

The new facility helps the county capture up with existing point out benchmarks.

Architects also attempted to put into action the use of pure light in most frequent spaces in the facility. In the intake space, many regions of the pods and much more have normal mild. Skylights and a lot more assistance provide in gentle from outside the house when also protecting against inmates from getting equipped to see out into the encompassing group.

Several new keeping areas now have bigger privateness for inmates utilizing the restroom though also building positive suitable surveillance can be taken care of.

“We are working with human beings. If we will not aspect that in we can develop an atmosphere that is not healthful and could make them even worse off just after incarceration,” Smith reported.

The new addition also assists increase morale and unity in the sheriff’s business. Not only does the making now join the jail to the patrol and administrative offices, but it also offers workforce new places to socialize, unwind and even coach.

In the previous facility, lots of staff members would go into the constructing and not see normal mild right until their shifts finished. They would be confined to the identical brick walls the inmates ended up, and even their break rooms ended up created significantly like pods.

“Now we have staff-certain spots that search like a restaurant,” claimed Bobby Moll, Jail Captain for LCSO.

Now there are crack rooms that forget Fort Collins, with quick obtain to snug seating, out of doors balconies, televisions and even manufacturer-new locker rooms.

“It’s just a location where by they can decompress for 15 or 20 minutes and not come to feel like they are in jail themselves. It is vital for psychological health and fitness,” Moll claimed.

As he finishes his final months as sheriff owing to time period limits, Smith explained he hoped the new facility would help established the bar for other upcoming jail expansions throughout the place.

“There is nothing at all luxurious about remaining locked up in any part of the Larimer County Jail. But, there is extra humanity as a result of what we are carrying out with this design,” Smith claimed.

Dillon Thomas

Dillon Thomas is multi-Emmy Award successful common assignment reporter/MSJ for CBS News Colorado. Read his latest reports or look at out his bio and deliver him an electronic mail.

October 1, 2022

US government to provide $266 million to build community, public health work force

US government to provide 6 million to build community, public health work force

CNN
—

The US govt is awarding much more than $266 million from the American Rescue Prepare to expand the nation’s local community and general public health perform drive, officers will announce Friday.

The plan’s in general expense in local community wellbeing, outreach and wellness instruction workers – totaling far more than $1.1 billion – is just one of its “crown jewels,” reported Gene Sperling, coordinator of the American Rescue Approach and a senior adviser to President Joe Biden.

The funding comes as some general public and local community health personnel have faced rigorous workloads, backlash and burnout during the Covid-19 pandemic and in the course of other overlapping health and fitness emergencies, which includes record-substantial drug overdose fatalities, the monkeypox outbreak and the re-emergence of polio.

Most of the funding to be introduced Friday, $225.5 million, will go to 83 recipients as portion of a new schooling system for neighborhood health and fitness staff, who specialize in local efforts to support folks obtain treatment and facilitate communication among patients and suppliers. The multiyear plan will guidance instruction and apprenticeship for about 13,000 new employees.

“Thirty million individuals in The usa get their health treatment by way of community wellbeing centers that address persons irrespective of their means to shell out,” claimed Carole Johnson, administrator of the US Office of Health and fitness and Human Services’ Health Means and Services Administration, which is facilitating the grants. “Time and time again, we have seen group well being employees make the variation when it arrives to achieving out in communities and receiving folks engaged in treatment and then encouraging folks continue to be related to treatment.”

These health workers are in a position to develop believe in to provide as messengers in their communities, she instructed CNN.

“When you guide a pretty challenging everyday living and you have to acquire three buses to get to a doctor’s appointment and you have to choose time off do the job, it can be quite, really tough to do what is regimen for a lot of other persons,” she stated. “And so group health staff can be that important bridge that can assistance make guaranteed people keep linked to their wellness treatment service provider,” whether it’s for chronic disorder management, mental health and compound use diseases, or maternity treatment.

30 of the 83 recipients will get the major grants, of $3 million every single. A person of them is El Sol Community Education Center in California, where undertaking director Alexander Fajardo states the income will go towards essential and superior training for extra than 250 neighborhood health staff.

“As a local community-based business, we have experienced difficulties to definitely be capable to achieve this federal funding for years,” he advised CNN. “The large entities like universities or these huge players, it’s challenging for us to contend with them.”

A CNN report previously this 12 months explained how some neighborhood health and fitness corporations – primarily more compact, grassroots teams – struggled to navigate forms and entry funds, even as they furnished significant assistance to the US Covid-19 reaction.

Neighborhood health and fitness workers, also identified as promotores, “are persons from the community. They communicate the very same language they face the exact same worries,” Fajardo mentioned. “Those attributes make them more powerful when they are performing the work in the community. Simply because when they are conversing about Covid-19 or diabetes or any problem, they relate with it. They have the identical encounter. ‘He’s my neighbor. I know them.’ “

Anyone wanting to completely transform a community “should be looking to these designs of group health and fitness employees and promotores,” Fajardo explained. “It is a tremendous critical system.”

The relaxation of the new grants, $40.7 million, will go to 29 universities across the state by the Public Well being Scholarship Method, encouraging training and work in community health and fitness.

Hundreds of public health and fitness officers have left the discipline just since the start out of the Covid-19 pandemic, partly because of to attrition but also because of criticism and other pressures.

“There’s no doubt that there has been significant underfunding at the condition and community stage for years in the general public well being operate pressure,” Johnson reported. The function her agency is accomplishing, alongside with funding endeavours by the US Centers for Illness Manage and Prevention, is aimed at shifting that.

“This is a moment when young individuals are definitely interested in and engaged in public wellbeing, and remaining equipped to give them encounters where they can start off down a profession path and give us an prospect to then aid leverage that and get them on a profession ladder in public wellbeing is just a substantial get for all of us.”

Sperling told CNN that the new grants by yourself “may not be a prolonged-phrase solution” to underfunding in these critical overall health parts, “but I imagine it’s likely to deliver the enthusiasm and effects that will stimulate extra very long-term investments.”

The administration’s aim is to “use these kinds of funds to build careers, to give folks a possibility to both of those provide their region for the duration of this pandemic but also construct a general public wellness job and to be expert community health workers that could make this sort of a large variance,” he said.