ert detection and object detection), video streaming (external vehicle footage during driving and video processing), and real-time monitoring of location information. Furthermore, this monitoring system can integrate with multiple external services (map information, traffic information, and weather forecasts) in addition to in-vehicle device information and ADS (Autonomous Driving System). (Figure 24) 6) V2H (Vehicle to Home Energy Integration) ...

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

on formats: Cross-modal control, gesture recognition, and voice control technologies are gradually becoming standard equipment, and large-scale models are integrating touch controls, visual and voice interaction, and entering the application stage. 1.2 Current market share status -- Statistics and forecasts for automotive intelligent cockpits in China   In 2024, China's intelligent cockpit installations (including digital meters, entertainment ...

Market & Tech Reports  Updated at: 2025/12/24

: China's light vehicle production will remain at 31 million units in 2028 First-half 2025 sales volume up by 11.4% to 15.65 million units; targeting 32.3 million units for the full year Passenger car market: Chinese OEMs have nearly 70% share, Japanese OEMs about 10%   GlobalData PLC (GlobalData) forecasts that light vehicle production in China will remain at the 31 to 32 million-unit level through 2028. BYD (BYD Auto Co. Ltd.), the top-selling...

Market & Tech Reports  Updated at: 2025/11/14

manufacturers, for example, they will increase the priority of in-vehicle semiconductor production by placing orders for up to about a year ahead instead of the conventional three months prior. The company will utilize digital technology to build an inventory management system that includes demand forecasts to prevent sudden shortages of semiconductors. As for power semiconductors, which are expected to be installed in electric vehicles (EVs), D...

Market & Tech Reports  Updated at: 2025/11/11

gence of a better-than-expected global trading environment, and the assumption that the Chinese authorities plan to extend the auto trade-in subsidies for their domestic market, underpin a significant 1.2 mn unit and 2.3 mn unit respective upgrade to our 2025 and 2026 full-year Global LV Production forecasts against our prior Q2 view. Toyota GroupIn 2025, we expect Toyota Group’s global output to increase by 4.7% YoY to 11 mn units. While outp...

Market & Tech Reports  Updated at: 2025/10/29

account for 40%, with increasing supply from Mexico and Japan Japan : HEVs account for around 80%, BEVs less than 10% China: Locally produced BEV "N7" performs well; new PHEV to be launched within 2025 Sales volumes: Strong in North America but sluggish in China Business performance   GlobalData forecasts that Nissan's light vehicle production volumes will be over 3 million units through 2028. While production in China is expected to decline, ...

Market & Tech Reports  Updated at: 2025/10/27

e impact of its customers’ production cutbacks. In terms of profit and loss, operating income declined 1.4% y/y to JPY 2.772 billion (JPY 2.811 billion in the previous year), mainly due to the impact of lower sales in North America and China. For the fiscal year ending March 31, 2026, the company forecasts a 6.3% y/y decline in net sales to JPY 113.0 billion and a 13.4% y/y decline in operating income to JPY 2,400 million, due to foreign exchan...

Market & Tech Reports  Updated at: 2025/10/27

GlobalData Production Forecast: Korea’s light vehicle production to remain at around 3.7 million units by 2030 Electrification goals of the Korean government Hyundai-Kia's electrification strategy Hyundai-Kia Motor Group GM Korea Renault Korea (formerly Renault Samsung) KG Mobility   GlobalData forecasts that light vehicle production in South Korea will remain at the 3.7 million unit level in 2025.   The South Korean government aims to have ...

Market & Tech Reports  Updated at: 2025/10/23

improvements. In terms of intelligent driving technology, Honda will cooperate with Momenta to develop a new generation of advanced driver-assistance systems (ADAS) suitable for China's road environment and plans to equip all future new models with this system.   In the Asia-Pacific region, Honda forecasts an increase in FHEV output from 463k units in 2024 to 589k units by 2030, reflecting a CAGR of 2.3%. Pure ICE fitment is expected to lead po...

Market & Tech Reports  Updated at: 2025/09/26

ket share of seats based on sales. The profit margin and adjusted profit margin of the Seating business unit in 2024 were 5.7% and 6.5% of sales, respectively, and the profit margin and adjusted profit margin of the E-Systems business unit were 4.1% and 5.1% of sales, respectively. The company also forecasts sales of USD 21,875 million to USD 22,875 million, core operating income of USD 915 million to USD 1,175 million, and adjusted BITDA of USD ...

Market & Tech Reports  Updated at: 2025/08/06

capital deficits. The government is urging stabilization of supply chains and reduced discounting. Analysts expect industry consolidation by 2026 as weaker firms may fail. Profitability concerns are set to continue for now despite state support, though as state support weakens next year, GlobalData forecasts that so too will the vehicle market. Other Asia In Japan, sales increased YoY by 3.8% in May 2025, down from the prior four months of doub...

Market & Tech Reports  Updated at: 2025/06/19

market will impact Japanese OEMs, who are key exporters from Indonesia. Chinese OEMs have invested in production facilities in Indonesia, but there are no concrete export plans yet. Furthermore, many Chinese OEMs’ manufacturing activities are still engaged in contract manufacturing.   GlobalData forecasts that Indonesian light vehicle production will decrease by 4.4% y/y to 1.08 million units in 2025. After 2026, the country’s output will gr...

Market & Tech Reports  Updated at: 2025/06/13

y of Bosch's business start in Japan. iBooster is a modern braking system that realizes high-performance braking functions such as compatibility with vacuumless systems, customized pedal feeling, improved collision damage mitigation braking performance, and redundancy under automated driving. Bosch forecasts that the electric brake booster market will expand at a rate of more than 20% per year until 2027. In September 2022, production of the iBoo...

Market & Tech Reports  Updated at: 2025/05/29

ductions," and the course of the negotiations will be closely monitored.   Nissan's global sales volume for FY2024 (FY ended March 2025) fell by 2.8% y/y to 3.346 million units, and projected to fall by 2.9% y/y to 3.250 million units in FY2025. Sales are projected to be JPY 12.5 trillion, but the forecasts for operating income and net income are not disclosed due to the uncertainties in the environment caused by tariffs. Under the "Re:Nissan" m...

Market & Tech Reports  Updated at: 2025/05/26

production for Q1/2025 totaled 177,603 units, representing a 15.6% YoY decrease. This includes YoY drops of 26.2% in January and 7.4% in February.   The MAA had expected March sales to surpass February’s, citing seasonal campaigns and festive demand as key drivers. Nevertheless, the association forecasts a 4.5% YoY decline in total vehicle sales for 2025, pointing to downside risks such as the ongoing U.S.-China trade tensions and potential m...

Market & Tech Reports  Updated at: 2025/05/21

rket conditions in the country. Furthermore, GlobalData’s market intelligence indicates that Mazda Thailand will discontinue the production of the Mazda2 Sub-Compact Car and will introduce a new B-SUV with a MHEV powertrain in 2027. As a result, GlobalData has excluded the Mazda2 from all ASEAN5 forecasts and has incorporated the new B-SUV model, which will be positioned below the Mazda CX-3 SUV. After 2025, Thailand’s LV production is expe...

Market & Tech Reports  Updated at: 2025/05/12

Global Top 10 OEMs Production Forecast (Q1 2025) Global production to reach 92.4M units in 2025, 93.7M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q1 2025, global light vehicle production in 2025 is estimated to increase by 2.4% YoY to 92.4 mn.-The production forecasts in this report do not reflect the full extent of the US t...

Market & Tech Reports  Updated at: 2025/04/30

Tariffs in excess of 100% on Chinese BEVs were imposed under the Biden administration and are still in effect, a policy that appears to be having its intended effect of making it virtually prohibitive to import LVs from China to the US. The latest tariff news came after our Q1 sales and production forecasts were finalized. Therefore, the data contained in this release should largely be considered a pre-tariff view, although some uncertainty from...

Market & Tech Reports  Updated at: 2025/04/30

units in 2026. Higher vehicle prices due to tariffs are expected to lead to a decline in sales, including EVs. A recovery is expected in the long term due to localization of production and changes in consumer expectations, but it will not reach the levels seen before the tariffs were announced. The forecasts are likely to fluctuate depending on policies and market conditions, and the situation is expected to be highly uncertain.   GM confirmed t...

Market & Tech Reports  Updated at: 2025/04/25

stic 972 748 696 764 799 616 566 Overseas 462 424 327 371 420 312 343 Total 1,434 1,171 1,024 1,135 1,219 927 909 Source: Mazda   Full-year sales are expected to be JPY 5 trillion (+3.6%) and operating income JPY 200 billion (-20.2%)   In November 2024, Mazda revised downward its full-year forecasts for global sales volume, sales revenue, and operating income from the figures announced the previous August to 1.35 million units (1.40 mill...

Market & Tech Reports  Updated at: 2025/04/01