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Autonomous Vehicle Sales to Surpass 33 Million Annually in 2040, Enabling New Autonomous Mobility in More Than 26 Percent of New Car Sales, IHS Markit SaysJanuary 02, 2018More than 33 million autonomous vehicles will be sold globally in 2040, a substantial increase from the 51,000 units forecast for the first year of significant volume in 2021, according to the latest autonomous vehicle sales forecast from business information provider IHS Markit (Nasdaq: INFO).
Automotive Telematics Systems Revenues to Reach $6.7 Billion Globally in 2023, Nearly Tripled from 2016, IHS Markit SaysOctober 12, 2017Global revenue from automotive telematics systems will grow at a compound annual growth rate (CAGR) of nearly 17 percent to more than $6.7 billion by the end of 2023, according to new research from business information provider IHS Markit (NASDAQ: INFO).
New Camera and Display Mirrors Enhance Vehicle Safety and Fuel Efficiency, Challenging Traditional Mirror Solutions, IHS Markit SaysSeptember 19, 2017Rear-view and side-view mirrors on new vehicles will begin to see major changes over the next decade, according to new analysis from business information provider IHS Markit (Nasdaq: INFO).
IHS Markit Survey Finds Continued Interest in Premium Audio Technology in New VehiclesAugust 29, 2017Branded audio system volumes in new vehicles are expected to grow from just under 11 million units globally in 2016 to 14 million units in 2023, according to new vehicle production forecasts for these systems from IHS Markit.
Survey Finds Varied Autonomy and Safety Technology Preferences for New Vehicles, IHS Markit SaysAugust 03, 2017New research on consumer preferences for full autonomy in new vehicles finds the technology is not yet popular among a broad audience, according to analysts at IHS Markit.
Consumers Want In-Vehicle Technology, but Willingness to Pay for It Varies, IHS Markit SaysJune 19, 2017A new global survey on consumer preferences for automotive technology finds more consumers desire advanced technology in their next new vehicle.
Automotive Touch Screen Shipments to Top 50 Million Units in 2017, IHS Markit SaysMay 30, 2017With consumers already accustomed with using smartphones and tablet PCs in their everyday lives, touch screens are now increasingly making their way into their vehicles, too.
Primary Automotive Display Systems Market Valued at $11.6 Billion Globally in 2017, Will Grow to Nearly $21 Billion in 2022, IHS Markit SaysMay 04, 2017The primary automotive display systems market will reach $11.6 billion in tier one supplier revenue globally in 2017, according to new analysis from business information provider IHS Markit (Nasdaq: INFO).
Global ADAS Market to Surpass 302 Million Units Annually in 2022, Facilitating Deployment of L3 Automation, IHS Markit SaysApril 10, 2017Global automotive applications of advanced driver assist systems (ADAS) will surpass 302 million units annually in 2022, according to new analysis from business information provider IHS Markit (Nasdaq: INFO).
New Report from IHS Markit Names Top Four Trends Driving the Internet of Things (IoT) in 2017 and BeyondJanuary 24, 2017Fueled by lightning-fast demand for ubiquitous connectivity, the number of connected Internet of Things (IoT) devices globally will jump by 15 percent year-over-year to 20 billion in 2017, according to new analysis from IHS Markit.
Market for Power Semiconductors in Automotive to Rev Up by $3 Billion by 2022, IHS Markit SaysJanuary 18, 2017The global market for power semiconductors used in cars and light passenger vehicles will grow by more in $3 billion USD in the next six years, according to new analysis released today by IHS Markit(Nasdaq: INFO), a world leader in critical information, analytics and solutions.
Media Alert: IHS Markit Analyst Availability: Consumer Electronics Show/CES 2017December 15, 2016As you’re planning to cover news and activities surrounding the CES 2017 in Las Vegas, January 5 – 8, 2017, a reminder that several IHS Markit technology and automotive analysts will be onsite and following developments from the show – and available for commentary during the week.
Norway Continues Its Efforts toward a Sustainable Future, Leading Global Electric Vehicle Market, IHS Markit ReportsSeptember 19, 2016SOUTHFIELD, Mich.--(BUSINESS WIRE)--Norway continues to lead the global market for electric vehicles, according to the most recent plug-in electric vehicle (PEV) index from IHS Automotive, part of business information provider IHS Markit (Nasdaq: INFO)
Consumers Crave Advanced Technology in New Vehicle Purchases, IHS Markit Survey FindsJuly 25, 2016According to IHS Automotive forecasts, 55 percent of annual global new vehicle sales in 2020 will be vehicles that are connected – and at that time, nearly half of the global fleet of vehicles in operation will be connected.
Automotive Semiconductor Market Grows Slightly in 2015 While Ranks Shift, IHS SaysJune 22, 2016Despite slower growth for the automotive industry and exchange rate fluctuations, the automotive semiconductor market grew at a modest 0.2 percent year over year, reaching $29 billion in 2015, according to IHS (NYSE: IHS), the leading global source of critical information and insight.
Artificial Intelligence Systems for Autonomous Driving On the Rise, IHS SaysJune 13, 2016As the complexity and penetration of in-vehicle infotainment systems and advanced driver assistance systems (ADAS) increases, there is a growing need for hardware and software solutions that support artificial intelligence, which uses electronics and software to emulate the functions of the human brain. In fact, unit shipments of artificial intelligence (AI) systems used in infotainment and ADAS systems are expected to rise from just 7 million in 2015 to 122 million by 2025, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
CORRECTING and REPLACING IHS Clarifies Autonomous Vehicle Sales ForecastExpects 21 Million Sales Globally in the Year 2035 and Nearly 76 Million Sold Globally Through 2035June 09, 2016Correcting and replacing release dated June 7, 2016 due to multiple revisions and with clarifications from IHS on its forecast for autonomous vehicle sales.
Usage-Based Insurance Expected to Grow to 142 Million Subscribers Globally by 2023, IHS SaysMay 09, 2016Usage-based auto insurance (UBI) is a growing segment of the automotive insurance market, the result of a technological revolution as the Internet of Things (IoT) continues to further influence various industries, including automotive.
Changes in Manufacturing, with Emphasis on China, Highlight 2016 Global Technology Predictions from IHS AnalystsDecember 22, 2015Innovations in nearly every sector are setting the stage for technology market growth and even more rapid change in 2016.
Automotive Industry Now the Third Largest End Market for Power Semiconductors, IHS SaysSeptember 03, 2015In 2014, the automotive sector significantly outperformed the overall market average for semiconductors.