Even after the dip of 10 percent from its recent high, The Boyd Group—which is part of the "Big 4" in the collision repair market—still delivered total returns of 8 percent in the last 12 months. The Boyd Group now operates locations in five Canadian provinces under the trade names Boyd Autobody & Glass and Assured Automotive and in 20 U.S. states under Gerber Collision & Glass.
Frost & Sullivan expects a Waymo-powered, Level 5 autonomous vehicle, featuring complete connectivity, to become available to the public by 2025. With over 3 million miles of on-road testing of autonomous cars and an industry-first car without a steering wheel or pedals, Waymo could potentially help commercialize its autonomous technology earlier than its competition.
The report points out that mobility as a service is growing rapidly mainly due to the high adoption of online mobility services. Globally, the market is expected to grow to experience thriving growth by 2023, surpassing its previous growth records in terms of value.
Due to increasing number of automated vehicles and anticipated decrease in manufacturing price of LiDAR systems, these factors are expected to drive the automotive LiDAR market at a double digit CAGR in the time period 2017-2027.
Large-scale investments in industrial and manufacturing units' coupled with the rising demand for lightweight, fuel-efficient vehicles in emerging economies are some of the factors driving the growth of the aluminum casting market.