OYSTER BAY, NY -- Look out: The global market for front collision warning systems and related safety gear is about to accelerate. ABI Research forecasts that FCWS and lane departure warning system (LDWS) unit sales will increase from 6.6 million units at the end of 2012 to 140.1 million units by the end of 2020.
OYSTER BAY, NY -- The number of full electric vehicles (EV) shipping yearly will increase from 150,000 in 2013 to 2.36 million in 2020, a CAGR of 48%, says ABI Research. Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade, the research firm says.