Global Markets for Motor Vehicle Electrical & Electronic Equipment, Steering Suspension & Interiors (2014-2022) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 14, 2019--
The “Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors Market Global Market Forecast To 2022” report has been added to ResearchAndMarkets.com’s offering.
Asia Pacific was the largest region in the global motor vehicle electrical & electronic equipment, steering suspension, & interiors market , accounting for 36% of the market in 2018. North America was the second largest region accounting for 29% of the global motor vehicle electrical & electronic equipment, steering suspension, & interiors market. Africa was the smallest region in the global motor vehicle electrical & electronic equipment, steering suspension, & interiors market.
Motor vehicle electrical & electronic equipment, steering, suspension, & interiors manufacturing companies are using IoT to reduce unscheduled downtimes, thereby increasing operational efficiency. IoT is a system of “connected devices” with the ability to collect and exchange data over a network without any human intervention and assistance. IoT helps manufacturers to increase their efficiency by providing real-time information about production processes. In addition, IoT can be used by manufacturers to obtain wear and tear data that can prevent equipment failures.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider motor vehicle parts manufacturing market, and compares it with other markets.
For more information about this report visit https://www.researchandmarkets.com/r/3hpht9
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INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 11/14/2019 04:06 PM/DISC: 11/14/2019 04:06 PM