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Rekor Systems Announces Selection of Waycare Technologies by Louisiana Department of Transportation and Development for Pilot Program to Reduce State Traffic Congestion and Crashes California homeless camp fire damages 2 bridges, disrupts public transportation Austin finishes half of its bicycle network, expects to complete entire 400-mile system by 2025 The Top 10 Automotive Concepts that automotive enthusiasts will be itching to see on the road! Oregon Transportation Commission, wary of I-5 Rose Quarter project’s growing price tag, grants conditional approval Woman dies after being hit by car in North Windham Friday night Silk-FAW Continues To Poach Italy’s Automotive Talent, As Lamborghini’s Katia Bassi Joins As Managing Director Transportation Department cracks down on airlines withholding refunds for canceled flights Bear gets trapped in car, destroys interior Cycling apparel company adding full-service bike repair to visitor center
Sep
2021
13

Iconic Mercedes Station Wagons ‘under Pressure,’ Says Executive

  • Mercedes-Benz’s chief operating officer, Markus Schäfer, told the U.K. publication Autocar that even though some markets still love their wagons—sorry, estates—”this market is under pressure.”
  • For the U.S., Mercedes said the few station wagon models it sells remain important thanks to loyal customers.
  • Other model segments that Mercedes could shrink or discontinue include coupes and cabriolets, in part because making a beautiful electric cabriolet is an engineering challenge, he said.

    Station wagons have been all but eliminated in the U.S. thanks to the popularity of crossovers and SUVs, but they are certainly not dead in the hearts of many. Which is why it’s notable that Mercedes-Benz’s chief operating officer, Markus Schäfer, has hinted that the automaker is questioning what role these wagons—called estate models in Europe—will play in the company’s future.

    “[With] estate cars, we have to see,” Schäfer told Autocar. “This market is under pressure as more and more customers move to SUVs, and there are just a few markets left for estates and station wagons. So we have to see how the volumes are developing. They’re technically absolutely possible—that wouldn’t be a problem—but it’s more a question of how this niche is developing. I know the U.K. is a great market for station wagons.”

    Autocar, which is based in the U.K., said it has heard from other Mercedes-Benz representatives that the fact that today’s SUVs are getting more efficient, especially when it comes to designing aerodynamic electric SUVs, means that demand for estate cars is shrinking.

    2021 Mercedes-AMG E63 S wagon.

    Mercedes-AMG

    In the U.S., Mercedes sells the E-Class wagon, calling the E450 All-Terrain wagon (top) “quite possibly the most brainy wagon on Earth” and the 2021 AMG E63 S wagon (above) “unexpectedly exotic.” Those positive remarks are in line with the official company line regarding the future of Benz wagons in the U.S.

    “Station wagons [estates], although occupying a specific niche, remain an important offering to one of our most loyal customer segments,” a spokesperson for Mercedes-Benz USA told Car and Driver.

    But there’s another concern: Mercedes-Benz’s work on developing more vehicles with electric powertrains could reduce the number of coupes and cabriolets the brand sells, Schäfer told Autocar.

    “We have to recognize that the demand for cabriolets is dropping around the world. China is not a roadster-covering market, and there are [fewer] buyers in Europe who decide on a cabriolet, compared to some years ago,” he said. “It’s not that easy to build a good-looking cabriolet [as an EV]. It’s an engineering effort. It’s quite a job and a task to keep it in nice proportions and not to lift it too high, with a big battery underneath it. There are some cars out in the market that would not meet our tastes. So we will come up with something better.”

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    May
    2020
    7

    Analysis on New Product Launches in Covid-19 Related Markets-Automotive Pressure Sensors Market 2020-2024 | Demand for Automobiles to Boost Growth | Technavio

    LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive pressure sensors market and it is poised to grow by USD 614.21 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

    Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Continental AG, Delphi Technologies, DENSO Corp., Honeywell International Inc., Infineon Technologies AG, NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Inc., TE Connectivity Ltd., and Texas Instruments Inc. are some of the major market participants. The demand for automobiles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

    Demand for automobiles has been instrumental in driving the growth of the market.

    Automotive Pressure Sensors Market 2020-2024: Segmentation

    Automotive Pressure Sensors Market is segmented as below:

    • End-user
      • Passenger Vehicles
      • Commercial Vehicles
    • Geographic Landscape
      • APAC
      • Europe
      • MEA
      • North America
      • South America

    To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41035

    Automotive Pressure Sensors Market 2020-2024: Scope

    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive pressure sensors market report covers the following areas:

    • Automotive Pressure Sensors Market Size
    • Automotive Pressure Sensors Market Trends
    • Automotive Pressure Sensors Market Industry Analysis

    This study identifies demand for safer and smarter systems in automobiles as one of the prime reasons driving the automotive pressure sensors market growth during the next few years.

    Automotive Pressure Sensors Market 2020-2024: Vendor Analysis

    We provide a detailed analysis of vendors operating in the automotive pressure sensors market, including some of the vendors such as Continental AG, Delphi Technologies, DENSO Corp., Honeywell International Inc., Infineon Technologies AG, NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Inc., TE Connectivity Ltd., and Texas Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive pressure sensors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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    Automotive Pressure Sensors Market 2020-2024: Key Highlights

    • CAGR of the market during the forecast period 2020-2024
    • Detailed information on factors that will assist automotive pressure sensors market growth during the next five years
    • Estimation of the automotive pressure sensors market size and its contribution to the parent market
    • Predictions on upcoming trends and changes in consumer behavior
    • The growth of the automotive pressure sensors market
    • Analysis of the market’s competitive landscape and detailed information on vendors
    • Comprehensive details of factors that will challenge the growth of automotive pressure