ngine cooling, air conditioning, and other cooling function parts. Looking at each region, in Europe, in addition to local Tier 1 suppliers such as Mahle Behr and Valeo, the OEMs also receive orders from prominent Tier 1 suppliers in each region. In North America, East Asian suppliers such as South Korea's Hanon and China's Sanhua are prominent. In China, BYD and Leapmotor rely on in-house suppliers, while other OEMs rely on Chinese domestic supp...

Market & Tech Reports  Updated at: 2026/03/30

X and Renault Clio increased, as did the HEV version of the VW T-Roc, which was launched in January. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown becaus...

Market & Tech Reports  Updated at: 2026/03/27

y a lesser 2.5%. However, when looking at the average selling rates for this year, the picture worsens with a 4.2% decline. The persistent weakness in Japan has been driven by a weak economic backdrop as well as rising financing costs as the policy rate has risen to a decades-high in recent months. Korean LV sales fell 6.2% YoY in February after expanding 15.4% in January, with the first month of the year benefitting from an extra working day due...

Market & Tech Reports  Updated at: 2026/03/24

kes (EPB) in the rear brakes, which has been preceded by increased adoption of brakes from ZF, a long-established EPB manufacturer. Since then, however, EPBs have become a battleground, with AUMOVIO products being used in high volume applications such as the VW Golf. Brake calipers from HL Mando of Korea are doing well, and are used in some companies’ main models, including the BMW 320i, MINI Cooper, VW T-Roc, and Toyota Supra. Astemo calipers ...

Market & Tech Reports  Updated at: 2026/03/24

1 pre-production sedan (left) and the newly announced AFEELA Prototype 2026 SUV (right) AFEELA Prototype 2026 (exterior only)   This approximately 900-page report summarizes HMI trends in production vehicles based on surveys of around 100 models from Japan, Europe, the U.S., China, and Korea conducted at global motor shows and exhibitions by HMIpro Inc..     Although the interior of this pre-production vehicle has not undergone an...

Market & Tech Reports  Updated at: 2026/03/12

ment for electric powertrains and vehicle control, as well as V2X, charging infrastructure, and telematics-related work. 3-in-1 OBC/DCDC/BDU Electrification solutions display panel SolutionX Co., Ltd. (SolutionX): Electrification solutions (DC-DC converter) SolutionX, exhibiting at the Korea Pavilion, is a developer of power conversion solutions for electric vehicles, offering solutions such as OBCs (on-board chargers), converters fo...

Market & Tech Reports  Updated at: 2026/03/10

ich led to a sharp drop in new car sales in January and a significant decrease in the share of xEVs. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown becaus...

Market & Tech Reports  Updated at: 2026/03/03

47 mn units/year. We expect rising financing costs and weak consumer sentiment to continue to dampen the selling rate in the coming months. The Bank of Japan raised interest rates again in December, to a multi-decade high of 0.75%, compounding the pressures that were already impacting sales of LVs. Korean LV sales expanded 16.6% YoY in January 2026, rising to 122k units, as the market benefitted from an extra working day when compared to 2025 due...

Market & Tech Reports  Updated at: 2026/02/24

Automotive Systems (Thailand) Wiring harnesses for cars Hong Kong GAC Energy Technology (Thailand) Electrical vehicle charging station TPV Technology (Thailand) Electric vehicle charger Japan Prospira (Thailand) Vibration reduction products for automobiles SHIN-EI High Tech Vehicle parts Korea Hanon Systems (Thailand) Co. Air conditioning parts for vehicles Malaysia/Taiwan ETREEGO (Thailand) Electrical vehicle charging station Sing...

Market & Tech Reports  Updated at: 2026/02/17

Automotive World 2026: Carbon Neutrality Biomass materials, design for easy disassembly, and recycling technology Summary Oji Holdings: Cellulose Nanofiber (CNF) Sumitomo Bakelite: Environmentally Friendly Resins Achieving Both Biomass Utilization and Recycling Toyobo MC: Environmentally Friendly Engineering Plastics Shiraishi Calcium: Lightweighting and CO2 Reduction Using Inorganic Materials Korean suppliers (EcoFlex, LARGE)   Automotive Worl...

Market & Tech Reports  Updated at: 2026/02/13

as of end-January 2026) Note: Includes commercial vehicles, includes estimated figures, China's sales volume (shipped volume) excludes export volume* The following 15 countries account for approximately 90% of global electrified vehicle sales. China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland (Reference report) Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025)   Elec...

Market & Tech Reports  Updated at: 2026/02/09

able that participation from Chinese companies dropped by over 400 firms in 2026 or a decline of over 30%. China’s share of exhibitors declined to 22.9% in 2026 from 30.1% in 2025. Total exhibitors also dropped—from 4,500+ to 4,100+ companies in 2026, or about 9%.   As in previous years, South Korea was in third place with nearly 800 exhibitors and had 3% increase from last year. CES Tech Exhibitors The table can be scrolled left and rig...

Market & Tech Reports  Updated at: 2026/01/30

atin America, SAARC (South Asia), Middle East, Europe, and ASEAN Suzuki Motorcycle India Pvt. Ltd. 213 210 -1.4% 5.0% Japan, ASEAN, the Middle East, SAARC, and Latin America Royal Enfield (Unit of Eicher Ltd.) 78 107 37.2% 2.5% North America, UK, Europe, Middle East, Africa, Asia-Pacific, South Korea, Southeast Asia, Latin America Piaggio Vehicles Pvt. Ltd. 16 26 62.5% 0.6% Middle East, Africa, SAARC (South Asia) Southeast Asia, Latin Ameri...

Market & Tech Reports  Updated at: 2026/01/30

omestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway took the top spot with 86.4%, down 1.0 po...

Market & Tech Reports  Updated at: 2026/01/26

d Construction of Hydrogen Fuel-compatible Highways." Mr. Jia WANG, General Director of Hydrogen Fuel Cell Research at the CASPRC Global fuel cell vehicle market   By June 2025, the number of fuel cell vehicles sold worldwide had exceeded 100,000 units. The top three countries are South Korea (38,000 units), China (30,000 units), and the United States (19,000 units), which together account for about 85% of total global sales. Since th...

Market & Tech Reports  Updated at: 2026/01/21

last year’s production stoppage driven contraction to 4.38 mn units. We expect 2026 to expand further on this year’s development, with 3.7% growth currently forecast, though risk is poised to the downside as broader sentiment remains weak in Japan, with financing pressures constraining demand. Korean LV sales jumped 2.9% YoY in December as the PV segment gains were paired back by a CV contraction of 9.5%. This leaves Q4 down 3.5% on the prev...

Market & Tech Reports  Updated at: 2026/01/21

64,719 USA 464,751 678,074 638,399 609,917 586,643 525,180 478,090 Canada 59,873 55,705 61,561 17,197 28,614 45,495 66,527 UK 54,622 49,571 50,334 43,274 38,342 36,588 39,660 France 28,875 62,960 40,722 28,291 30,141 30,216 33,377 Germany 69,963 63,685 37,574 19,639 20,935 20,420 30,312 Korea 14,571 16,459 29,750 51,603 25,201 25,237 24,146 Turkey 0 12,000 11,534 39,060 29,988 26,371 20,262 Australia 19,594 46,116 38,347 27,801 25...

Market & Tech Reports  Updated at: 2026/01/14

omestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordic countries *By clicking the button below the graph, only the relevant data will be shown. Norway Sweden China Finland UK Germany France Thailand Korea US Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved.   Norway’s share ranked first, up 8.5 points fro...

Market & Tech Reports  Updated at: 2025/12/26

iquitous—even in entry-level cars—reflecting a dramatic democratization of advanced lighting features. Market data shows that global demand for ambient lighting components has surged by 50 percent over the past seven years, with strong growth in North America, China, and Europe, while Japan and Korea remain relatively unchanged. Installation locations have also evolved, with lighting now extending beyond doors and footwells to areas such as t...

Market & Tech Reports  Updated at: 2025/12/23

Corporation (former Halla Visteon Climate Control Corp.) Click here to see recent developments. [Company and Business Overview] Hanon Systems Corporation (Hanon Systems) is a specialist thermal management supplier of air conditioning equipment and cooling systems, headquartered in Daejeon, South Korea. The company's main customers are Hyundai and Kia, but due to its relationship with the former Visteon, Hanon Systems is building a supply syste...

Market & Tech Reports  Updated at: 2025/12/22