With increasing demand for electricity and energy supply in residential and industrial sectors, the need for energy storage is rising.

Undoubtedly automotive plastics are one of the most important automotive components of the vehicle. Vehicles are made up of over 50% plastic.

The global automotive smart glass market has been growing on account of several macroeconomic factors such as a surge in the proportion of urban population across the globe and elevating living standards etc.

The automotive regenerative braking system market is about to enter a period of phenomenal growth and innovation.

There will be increasing investment towards ADAS technology, semi-autonomous and autonomous vehicles which has given rise to demand for night vision systems, Night Vision Systems combined with GPS Navigation will have a positive impact on the autonomous cars.