Comunicati.net - Comunicati pubblicati - Automotive Market Research Reports Comunicati.net - Comunicati pubblicati - Automotive Market Research Reports Sun, 05 Jul 2020 19:27:53 +0200 Zend_Feed_Writer 1.12.20 (http://framework.zend.com) http://comunicati.net/utenti/26559/1 Impact of Covid-19 Outbreak on All-Terrain Vehicle (ATV) Engines Market Tue, 30 Jun 2020 12:26:59 +0200 http://comunicati.net/comunicati/istituzioni/comuni/toscana/648439.html http://comunicati.net/comunicati/istituzioni/comuni/toscana/648439.html Automotive Market Research Reports Automotive Market Research Reports The diversification of the automobile sector has increased the scope for growth of ATV engines. Reports that evaluate the automobile industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is set to attain a CAGR of 5.38% while earning income worth USD 1,755.6 Mn in the forecast period.

The rise in outdoor adventure activities is anticipated to motivate the all-terrain vehicle engines market in the coming years. The growth of the tourism sector has significantly induced progress in the market for all-terrain vehicle engines. The advances in engineering have improved the efficiency of the high-performance engines, thus furthering the growth of all-terrain vehicle engines. Furthermore, the increasing popularity of ATV experience areas is expected to create favorable aspects for growth in the coming years.

Segmental Analysis

The analysis of the segments in the all-terrain vehicle (ATV) engines market is carried out on the basis of type, power, application, and region. Based on types, the all-terrain vehicle engines market has been segmented into 0-300cc, 800-1000cc, 500-800cc, 300-500cc, and 1000cc and above. Based on application, the all-terrain vehicle engines market has been segmented into aftermarket and OEM. The segmentation of the all-terrain vehicle engines on the basis of power comprises of Up to 80HP and Above 80HP. The geographical areas covered in the all-terrain vehicle engines market are South Korea, United States, China, Europe, Japan, India and Rest of the World.

Detailed Regional Analysis     

The regional analysis of the all-terrain vehicle (ATV) engines market includes geographical areas such as South Korea, the United States, China, Europe, Japan, India and Rest of the World. The market for ATV engines in the US is encouraged by the incidence of key manufacturers in the region. An enormous surge in the sales of ATV engines due to their large-scale use in forestry, agricultural lands, and mountains has also been advantageous for the progress of the market. Amplified use of ATVs in adventure tourism and progressive engine design and transmission system are significant drivers supporting the growth of the market in the U.S.The European region is the subsequent major market for all-terrain vehicle engines market and is projected to develop at a CAGR of 5.20% throughout the forecast period. China is expected to appear as the rapidly growing market for all-terrain vehicle engines market at a CAGR of 5.50% due to factors such as favorable government policies, increasing per capita disposable income, and the prevalence of ATV engine manufacturers in the region.

Competitive Analysis

The market is projected to accomplish an absolute lead in the market place owing to improved strategies in specific areas. Additionally, the deals being coined in the market are likely to additionally inspire the development of the market in the impending years. The absorbed expenses in the market are readily dispensed with, opening more room for the development in the market. The companies functioning in the market are persistently taking on the hindrances to progress and are forming strategies that are projected to guide to a beneficial outcome on the market’s advancement. The advancement of the market is upgraded chiefly due to the reduction in promotional and miscellaneous expenses. An intensified growth pace is observed due to the productive effect exerted by the market forces both externally and internally. The progress capability of the market is bolstered by the accretive nature of the assets available in the market.

The significant competitors functioning in the all-terrain vehicle (ATV) market globally are Kawasaki Heavy Industries, Ltd., BRP-Rotax GmbH & Co KG, Suzuki Motor Corporation, Textron Inc., Polaris Industries, Inc., Yamaha Motor Co., Ltd., Massimo Motor Sports, LLC, Honda Motor Co., Ltd., Taiwan Golden Bee Co. and CFMOTO.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Augmented Reality Market Tue, 30 Jun 2020 12:22:24 +0200 http://comunicati.net/comunicati/istituzioni/comuni/toscana/648438.html http://comunicati.net/comunicati/istituzioni/comuni/toscana/648438.html Automotive Market Research Reports Automotive Market Research Reports The automotive sector is increasingly embracing augmented reality to provide an enhanced interactive experience for its consumers. Incorporation of augmented reality in the automotive sector facilitates the presentation of an automobile virtually in the form of audio, visuals, haptics, somatosensory, and olfactory. The automotive sector is making considerable use of augmented reality to keep passengers occupied and entertained. Market Research Future (MRFR) has recently published its latest in-depth report on the global automotive augmented reality market outlining the various factors that are affecting the market. After a thorough examination, MRFR has projected the automotive augmented reality market to expand at a steady CAGR over the forecast period of 2018-2023.

Augmented reality has already infiltrated the automotive industry, and various automotive giants are already using it as a part of their strategy. For instance, Audi, a premium player of the automotive industry, used augmented reality as a part of its media briefings during the launch of flagship A8’s launch event. Other companies have also followed suit, and many automotive brands are using augmented reality in their showrooms for demonstration purposes. Major OEMs and manufacturers are increasingly using augmented reality to ramp up their sales approach and increase conversion rate.

Heightened demand for advanced driving assistance system among consumers along with increased popularity of in-vehicle safety features and anti-collision technologies are factors that are creating a supportive platform for the growth of the market.

Augmented reality facilitates the evaluation of a vehicle’s characteristics without being present. It can also help curtail risks of accidents as they can aid in the identification of traffic density, signboard, and pedestrians. Increase in demand for connected vehicles is a key factor enhancing the growth of the market. Furthermore, advancements in the field of augmented reality are expected to aid the incorporation of additional features.

Segmentation

The global automotive augmented reality market has been segmented based on sensor technology, level of autonomous driving, and function.

By sensor technology, the automotive augmented reality market has been segmented into Lidar, sensor fusion, VMOS image source & radar.

By level of autonomous driving, the automotive augmented reality market has been segmented into conventional driving & semi-autonomous driving.

By function, the automotive augmented reality market has been segmented into AR HUD With Navigation, AR HUD With Standard Functions, AR HUD With Lane Departure Warning & Advanced AR HUD.

Regional Analysis

By region, the automotive augmented reality market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe.

The APAC is at the forefront of the automotive augmented reality market. Heightened awareness regarding safety and an increase in the production and sale of automobiles in the region are augmenting the growth of the market. Moreover, the governments in the region are endeavoring to raise awareness regarding vehicle safety which has had a positive impact on market growth.

Europe has secured the second spot in the automotive augmented reality market. Rigorous investment in R&D activities and an established automotive sector which is increasingly looking forward to incorporating advanced technologies to the automotive sector has driven the market in Europe.

Competitive Landscape

Robert Bosch GmbH (Germany), Continental AG (Germany), Panasonic (Japan), Garmin International (US), Hyundai Motors (South Korea) BMW (Germany), Delphi Automotive (Ireland), Denso (US), and Alphabet (US) are the key players in the global automotive augmented reality market.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Suspension System Market Tue, 30 Jun 2020 11:24:28 +0200 http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648417.html http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648417.html Automotive Market Research Reports Automotive Market Research Reports The increasing level of importance placed on automobile performance is closely related to the quality of the suspension systems. Market reports connected to the automobile industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is on track to achieve a 5 % CAGR in the forecast period.

The need to improve suspension systems has gained considerable traction, as automobiles become more efficient and streamlined. The rising incidences of accidents have increased the demand for enhanced automotive suspension systems. The augmented level of investment being directed towards the expansion in the automobile components such as suspension systems is expected to gain an increased level of momentum in the upcoming forecast period.

Segmental Analysis

The segmentation of the automotive suspension system market is carried out on the basis of vehicle type, suspension system, damping type, end market, and region. On the basis of vehicle type, the automotive suspension system market is segmented into commercial vehicle & passenger vehicle. Based on the suspension system, the automotive suspension system market is segmented into semi-active, passive, and active. On the basis of damping type, the automotive suspension system market is segmented into electromagnetic and hydraulic. On the basis of the end market, the automotive suspension system is divided into OEM and aftermarket. The regions included in the automotive suspension system are North America, Europe, South America, Middle East, and Africa.

Detailed Regional Analysis     

The regional analysis of the automotive suspension system market encompasses regions such as North America, Europe, South America, Asia Pacific, Middle East, and Africa. The Asia Pacific region dominates the automotive suspension system market globally, due to the increased production of technologically progressive & comfort vehicle. This region will display the speediest growth in the forecast period. The Asia Pacific regions follows the European region in terms of growth. The growing eco-friendly initiatives in this region will lead to substantial growth in the automotive suspension system market. Thus, driving the Asia Pacific region towards steady growth in the duration of the forecast period.

Competitive Analysis

The beginning of new technology is promoting the growth capability of the market. The market has the elements for displaying a better comparative or differential value. The market trends imply advantageous growth of the products that can bring in improvement to the product range and meet the customer need better. The prevalence of productive units is projected to generate more sales or greater margins as compared to its market adversaries. Sizable reductions in administrative finances are bringing more developments to the market.  The making of a strong value chain is additionally encouraging the development of the market. The market contestants find themselves in a promising position with the capacity to handle the pace of change.

The principal challengers in the market for automotive suspension system globally are TWR Automotive Holdings Corporation, KYB Corporation, Tenneco Inc., Benteler Group, Magneti Marelli S.P.A., Continental AG, Mando Corporation, Schaeffler AG, and ZF Friedrichshafen AG.

Industry Updates:

Feb 2019 WABCO Holdings Inc. which is regarded as the leading global supplier of braking control systems and other progressive technologies that correct the safety, connectivity and efficiency of commercial vehicles, recently announced that it has authorized a long-term contract to supply and develop innovative air suspension technology for one of the world’s major manufacturers of premium passenger cars, based out of the European region.

Nov 2018 Öhlins, a renowned premium suspension manufacturer is set to become a subsidiary of Tenneco Inc, and therefore joining one of the major global multi-line, multi-brand OEM and aftermarket firms in the world. Tenneco Inc has engaged the final contract to obtain Öhlins Racing AB, the Swedish technology company that creates premium suspension systems and components for the motorsport and automotive industries. Ohlins backs performance teams in Formula E, F1, MotoGP, and NASCAR racing.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Sun Visor Market Tue, 30 Jun 2020 11:19:39 +0200 http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648413.html http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648413.html Automotive Market Research Reports Automotive Market Research Reports The global automotive sun visor market, according to the analysis by Market Research Future (MRFR), is slated to reach a substantial market valuation at a moderate CAGR over the forecast period.

Drivers and Restraints

The global automotive sun visor market is slated to witness significant growth during the study period. The growing number of manufacturers who are integrating simple and economical visor components to protect against dazzle in vehicles, the shifting focus by consumers and automotive OEMs on vehicle and driver safety are playing an important role in the growth of this market. The factors fuelling the growth of this market are increasing sales and production of vehicles across the globe, improving traffic flow, and rising need for vehicle and driver safety. The absence of standard protocols for the development of automotive sun visors and intricate design of the system is considered as a key restraining factor of this market.

On the other hand, growing demand for electric vehicles across the globe, improving the economic dynamics of emerging nations are providing potential opportunities for the growth of the automotive sector, in turn, driving this market. Despite such issues, sun visors are estimated to remain a popular automotive part. The rise of electric vehicles making way for new avenues for sun visors. There has been a considerable rise in several manufacturers. Many of them are starting a more diverse variety, giving more options to choose from for their clients. New materials are being utilized to develop sun visors. However, metals, molded substrates, plastics, and fabrics are popular options among consumers.  Producers are also focusing on making their products multi-faceted by combining other components such as lights, flaps, electric cable, mirror, frame, padding, among others.

The growing sale of the vehicle all over the world is having a positive influence on the global demand for the automotive sun visor. At the same time, favorable business conditions, stable growth of the automotive sector, developing designs of automobiles have contributed to the growth of the market in recent years, and this trend is expected to surge over the review period.

Segmental Analysis

The global market for Automotive Sun Visor is segmented on the basis of material, type, vehicle type, propulsion. Based on type, the market has been bifurcated into LCD and Conventional sun visor. Based on content, the global Automotive Sun Visor market has been segmented into fabric, vinyl, and others. Based on vehicle type, the Automotive Sun Visor market has been bifurcated into passenger cars and commercial vehicles. Based on propulsion, the demand for automotive sun visor has been segmented into ICE and electric vehicles. Based on sales channel, the market has been divided into OEM and Aftermarket.

Regional Analysis

Geologically, the global automotive sun visor has been studied in four major regions, including Asia-Pacific, North America, Europe, and the Rest of the World. The Asia-Pacific region is slated to hold the largest market share during the forecast period owing to the growing population, increasing vehicle penetration across countries, and changing lifestyle choices of consumers. Additionally, increased usage of electrification in vehicles is expected to boost the demand for automotive sun visor as it protects the electric equipment in cars. Additionally, the increase in demand for safety features in vehicles and rising investments by public and private players to fuel the expansion of the automobile sector are contributing to the growth of this market in this region over the review period.

Competitive Analysis

The major market players in the global automotive sun visor include GUMOTEX (Chez Republic), Irvin Automotive Products, Inc (US), FOMPAK (Turkey), GRIOS s.r.o. (Czech Republic), Atlas Holding (US), Grupo Antolin (Spain), KASAI KOGYO CO., LTD. (Japan), OTOTRIM Sanayi ve Ticaret A.Ş. Panel (Turkey), HOWA TEXTILE INDUSTRY CO., LTD. (Japan), and KB Foam Inc. (US).

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Shielding Market Tue, 30 Jun 2020 11:15:02 +0200 http://comunicati.net/comunicati/istituzioni/comuni/trentino_alto_adige/648410.html http://comunicati.net/comunicati/istituzioni/comuni/trentino_alto_adige/648410.html Automotive Market Research Reports Automotive Market Research Reports Automotive shields function mainly to protect the interior and exterior from the excessive heat generated by engine compartment, exhaust system and turbocharger. This is also known as exhaust heat management system. The shield absorbs the temperature and reflects it back to some extent. The global automotive shielding market is expected to gain 6% CAGR over the assessment period (2018-2023). Market Research Future (MRFR), in their latest article, claimed that factors are going to impact the automotive shielding market substantially in the coming years.

Factors such as fuel efficiency, safety measures, hike in the sale of premium cars, stringent environmental regulations, and an expanding automotive sector are reasons behind the growth of the automotive shielding market. Research and development sectors are also providing thrust as better safety measure requirements are driving constant upgradation.

Segmental Analysis:

MRFR delves deep in the global automotive shielding market for a better look at the market scenario and understand difficulties. For that, in the study MRFR made segmentations based on the shielding type, heat application, EMI application, material type and vehicle type.

Based on the shielding type the automotive shielding market includes heat shielding, and EMI shielding. The heat shielding segment is gaining traction as the perfect balance in this could enhance driver’s experience.

Based on the heat application, the automotive shielding market comprises engine compartment, exhaust system, and turbocharger.

Based on the EMI application, the automotive shielding market consists electric motor, adaptive cruise control, intelligent park assist, forward collision warning, engine control module, and lane departure warning. The forward collision warning segment is gaining strength in premium cars as better safety has become a necessity for many.

Based on the material type, the automotive shielding market includes metallic shield and non-metallic shield.

Based on the vehicle type, the automotive shielding market includes passenger car, light commercial vehicle and heavy commercial vehicle. Among these, the passenger car segment is gaining the most traction due to its increased sale. This is a direct result of the increasing disposable income.

Regional Segmentation:

Going by region-specific study, the global automotive shielding market can be segmented into four major regions such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The report aims at a better identification of the opportunities in regions which can lead to a much better prospect for the market. Introduction of safety features is expected to take the global market forward.

The APAC market owns the greater share of the global market and it is going to continue its domination during the forecast period as well.  This is mainly because of the high number of manufacturing of cars in the automotive sector as global players have started showing interest in the zone.

North America is following the lead and the credit goes to high vehicle and user ratio. People are buying advanced cars due to their high investment capacity. This is also true for Europe where the automotive sector is quite robust.

Competitive Landscape:

Major companies to invest in the global automotive shielding market are ElringKlinger AG (Germany), Laird PLC (UK), Morgan Advanced Materials (UK), Federal-Mogul Corporation (US), Henkel AG & Company, KGaA (Germany), Dana Limited (US), Schaffner Holding (Switzerland), Kitagawa Europe (Japan), Progress-WerkOberkirch AG (Germany), Autoneum (Switzerland), and others. These companies have been profiled by MRFR in their latest report on the said market. Their strategic contributions have been assessed for a better understanding of the upcoming market.

In 2019, Gates launched a new series of modular hoses for aftermarket service. The component can channel cooling fluid around the vehicle to systems requiring heat reduction. Also, for these hoses, time taken to assemble parts are lesser than the conventional methods. Gates has already made a name for itself as a perfect OEM partner and its product help in clamping, shielding and connecting necessary components.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Power Modules Market Tue, 30 Jun 2020 10:18:13 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648393.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648393.html Automotive Market Research Reports Automotive Market Research Reports Automotive power modules refer to electric components which are used for a variety of applications in electric vehicles. Power modules provide physical containment to automotive components such as traction inverters, boosts converters, and air conditioners. Power modules are composed of metal oxide semiconductor chips that help in power generation. Additionally, they assist in the conversion of low voltage DC power to high voltage AC power from the battery, which results in the removal of excess heat. Market Research Future (MRFR) has published a new report on the global automotive power module market and has indicated a positive growth trend in the market over the forecast period of 2018-2023.

The growing severity of fuel-efficiency norms and elevating concerns about the harsh impact of mechanical systems within vehicles have resulted in such systems being replaced by electrical alternatives. This has significantly driven the market for automotive power modules. Electrical components not only enable far higher degrees of efficiency but also improve operational performance.

Automotive OEMs are focused on minimizing power loss and increase power density, which leads to heightened adoption of power modules in cars. Increasing production and adoption of electric vehicles is a factor which is positively impacting the market growth. Improving charging infrastructure and growing stringency of emission standards, and spiraling demand for energy efficient battery-powered devices are other factors aiding the market growth.

Conversely, the growth of the market can be deterred by the lack of standard protocols for the development of power modules. Additionally, power modules raise the overall cost of vehicles, which restrains the growth of the market.

Segmentation

The global automotive power modules market has been segmented based on type, vehicle type, and propulsion.

 By type, the automotive power modules market has been segmented into intelligent power module (IPM) and power integrated module (PIM).

By vehicle type, the automotive power modules market has been segmented into passenger car and commercial vehicle.

By propulsion, the automotive power modules market has been segmented into ICE vehicle and electric vehicle. The electric vehicle segment has been further segmented into battery, hybrid, and plug-in electric vehicle.

Regional Analysis

By region, the automotive power modules market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The APAC automotive power module market is likely to showcase maximum growth over the forecast period. Augmenting sale of electric vehicles across the region is a key factor motivating the growth of the market in the region. The region has established itself as a major automotive manufacturing hotspot due to which there is high demand for automotive power modules from the OEMs. Automotive OEMs in the region have directed their focus towards safety quotient of cars and increasingly incorporating such features in vehicles. The leading automotive players in the region are pouring in substantial amounts on R&D activities which have led to noteworthy developments in the power module space. Other factors substantiating the growth of the market include rising public and private investment in technology development.

Europe is likely to account for an advantageous share of the global automotive power module market. Established automotive industry and the presence of various key players in the region such as Infineon Technologies (Germany), and Continental AG (Germany) are boosting the growth of the market.

Competitive Landscape

STMicroelectronics (Switzerland), Toshiba Corporation (Japan), Robert Bosch GmbH (Germany), Mitsubishi Electric Corporation (Japan), Rohm Semiconductor (Japan), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Continental AG (Germany), ON Semiconductor (US), Fuji Electric Co. (Japan), and Infineon Technologies (Germany) are the noteworthy players in the global automotive power modules market.

Industry Updates

May 2019 – Wolfspeed, a provider of the most field-tested SiC, GaN Power, and RF solutions, introduced a power module specifically designed to maximize the benefits of SiC. Dubbed as XM3, the new power module is half the weight and volume of a standard 62 mm module. It enables simple power bussing, minimizes loop inductance, and maximizes power density. The intended application of XM3 includes UPS, EV chargers, and motors and traction drives.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Oil Filter Market Tue, 30 Jun 2020 10:12:59 +0200 http://comunicati.net/comunicati/istituzioni/comuni/puglia/648391.html http://comunicati.net/comunicati/istituzioni/comuni/puglia/648391.html Automotive Market Research Reports Automotive Market Research Reports As per Market Research Future (MRFR), the global oil filter market is expected to thrive at a 5% CAGR during the forecast period (2018 to 2023). The growing need for oil filters in the ever-expanding automotive industry is expected to favor the global oil filter market. The design ofoil filters allows seamless cleansing of oil from destructive contaminants from essential car oils, such as engine oil, lubricating or hydraulic oil, transmission oil, thereby safeguarding oil-dependent systems. This is likely to fuel the expansion of the oil filter market. Oil filters are an integral part of all ICE engine driven motors that can be both on- and off-road vehicles. Hence, the growing need for vehicles is likely to bolster the oil filter market growth. The increase in trading activities, especially import and export activities, is observed to contribute significantly to the expansion of the global oil filter market.

Oil filters have a crucial role in the reduction of vehicle emission and enhance engine performance. This growing concern towards the environment is boosting the sales of oil filters. This is likely to impel the growth of the worldwide oil filter market. Other factors that are expected to induce growth are developments in the automotive infrastructure, increase in the production and sales of cars, stringency in environmental norms, rising concern over environmental protection and automobile emissions, and the increase in the need for miles’ drive. However, the need for continuous replacement of oil filters is tedious, but the willingness of people to maintain their automobiles that serve long-term benefit is expected to surge the oil filters market. On the downside, lack of skilled labor, increase in electric vehicle sales, and measures taken to phase out IC vehicles can impede the growth of the global oil filter market growth.

Segmental Outline

The global oil filter market is assessed by filter media, filter type, sales channel, vehicle type, and fuel type. By filter type, the market is segmented into a hydraulic filter, engine oil filter, fuel filter, and others. By filter media, the market is segmented into synthetic, cellulose, and other oil filters. By vehicle type, the market is sectioned into a commercial vehicle and passenger car. By fuel type, the market is divided into diesel and gasoline. By sales channel, the market is sectioned into aftermarket and OEM.

Regional Outlook

The global oil filter market is assessed across Europe, Asia Pacific, North America, and the Rest of the World. The oil filter market in the Asia-Pacific region is expected to exhibit a sharp rise in its valuation in the assessment period. APAC is expected to hold a grand share of the global oil filter market in the review period, reveals MRFR. APAC is a big automobile manufacturing hub that is expected to support the growth of the APAC oil filter market. In addition, the firm automotive infrastructure is also expected to contribute significantly to the expansion of the regional market. The APAC governments are making deliberate to curb air pollution that is increasing the adoption of oil filters is expected to boost the growth of the APAC market. In North America, the availability of proper automotive infrastructure and technological developments are factors that are expected to propel the regional oil filter market.

Key Players

MRFR listed some well-established players of the global oil filter market. They are; A.L Filter (Israel), MAHLE GmbH (Germany), North American Filter Corporation (U.S.), MANN+HUMMEL GmbH (Germany), Fildex Filters Canada Corporation (Canada), Robert Bosch GmbH (Germany), Siam Filter Products Ltd., ALCO Filters Ltd. (Cyprus), Part. (Thailand), Filtrak BrandT GmbH (Germany), and Luman Automotive Systems Pvt. Ltd. (India).

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Cargo Shipping Market Tue, 30 Jun 2020 10:07:47 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648388.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648388.html Automotive Market Research Reports Automotive Market Research Reports The Global Cargo Shipping Market, according to a report by Market Research Future (MRFR), is expected to register a moderate 3.67% CAGR during the review period. The global cargo shipping market valuation is slated to be recorded at USD 16.06 billion tons by the end of 2025.

Drivers and Restraints

Seaborne trade is likely to expand internationally, as shipping is the lifeline of the global economy. the bulk transport of raw materials, rising global trade, and the import/export of food and manufactured goods are essential in any economy. The global shipping industry is responsible for carrying out around 90% of world trade. The increasing seaborne trade has widened the scope of cargo shipping across the globe.

The global shipping industry is substantially driven by the demand and prices of foreign commodities, which includes crude oil, agricultural commodities, metals, and others. With the global increase in population and their disposable income, the demand for food products, consumer goods, and essential commodities such as minerals, metal, and oil & gas has also increased. This has enhanced the international trade of such commodities, between countries, and in turn, has driven the cargo shipping markets.

Furthermore, numerous government and non-government institutes are expected to promote the export capacity of several commodities, which consequently brings an inflow of foreign currency in the economy. The project offers value chain assistance to enhance the international trade of these countries. This drives the market for the shipping industry.

Segmental Analysis

The global market for cargo shipping has been bifurcated based on cargo type and industry. On the basis of cargo type, the global market has been segmented as bulk cargo, general cargo, container cargo, and liquid cargo. The broad cargo segment is projected to witness the highest CAGR over the review period, owing to its features like superior flexibility for shipping containers.

Based on the end-use industry, the global market has been segmented into food, manufacturing, oil & ores, and electrical & electronics. The manufacturing segment accounts for the highest share owing to its growing economy as one of the crucial factors for market expansion.

Regional Analysis

Based on the region, the global cargo shipping market has been segmented into North America, the Middle East & Africa, Europe, Asia-Pacific, and South America.

Asia-Pacific is one of the significant regions in the market and is slated to register the highest growth rate during the forecast period. China is the largest manufacturing hub in Asia-Pacific. The industry in China is driven by cheaper labor costs. Other factors that are contributing to the market growth in the region are the developments in the infrastructure of the port, the augmented market demand, and constant government support. Moreover, Asia-Pacific is also the fastest-growing region during the forecast period and is likely to register the maximum growth rate during the review period. Furthermore, fast globalization and demographic changes are also a few other vital factors that are driving the market region. The Shanghai Port (China), Hong Kong, S.A.R.(China), Ningbo-Zhoushan (China), Shenzhen Port (China), and Singapore Port & Keihin Port (Japan) are few of the port terminals that manage millions of TEU, annually, and are thereby driving the growth of the market in Asia-Pacific.

 Vast productivity gains associated with the increased usage of automation and information technologies have helped North American manufacturers to retain in many aspects of end-use industries and enhance their global competitiveness in recent years.

Competitive Analysis

The major market players operating in the global cargo shipping market are A.P. Moller-Maersk Group (Denmark), Panalpina World Transport (Holding) Ltd. (Switzerland), Mediterranean Shipping Company S.A. (Switzerland), CMA -CGM SA (France), China COSCO Holdings Company Limited (China), DHL Global Forwarding (Germany), Nippon Express Co., Ltd. (Japan), Hapag-Lloyd AG (Germany) Deutsche Bahn AG (Germany), and Panalpina Welttransport Holding AG (Switzerland), and others.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Flywheel Market Tue, 30 Jun 2020 09:55:04 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648386.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648386.html Automotive Market Research Reports Automotive Market Research Reports Industry Overview

In its research report, Market Research Future (MRFR), emphasizes that over the review period, the global market 2020 is projected to rise exponentially, securing a significant market valuation and a healthy CAGR.

Drivers and Restraints

The global flywheel market for automobiles has experienced remarkable growth. In the last few years, increasing vehicle demand globally has significantly boosted the flywheel market. Demand for commercial vehicles is driven extensively by rising industrialization and service sectors. The expansion of the automotive flywheel market is responsible for increasing demand for different factors such as aesthetics & safety, comfort, and continuous improvement in technology. The manufacturers have developed various technologies for enhancing the comfort factors , i.e. reducing the vibration generated inside the transmission assembly. In addition, a rise in vehicle production and sales raises the need for flywheel adoption in many applications. Growing penetration of semi-automatic transmission systems globally, such as AMT (Automated Manual Transmission) and DCT (Dual Clutch Transmission in the segments of commercial and passenger vehicles, is likely to drive the flywheel market during the forecast period. Rising customer preference for comfort in the automotive sector is due to increased purchasing power of people. Technological innovation such as weight reduction by the use of multiple materials would be an significant factor driving the demand for flywheels. However, rising electric vehicle adoption restrains global market growth.

Segmental Analysis

The global automotive flywheel market is segmented based on the transmission, type, material, sales channel and region. Based on the material, the market has been segmented into maraging steel, cast iron, and aluminum alloys. Based on the type, the market has been bifurcated into single mass flywheel and dual mass flywheel. Based on the transmission, the market has been segmented into semi-automatic transmission, manual transmission, and automatic transmission . Based on the vehicle type, the market has been segmented into light commercial vehicles, passenger vehicles, and heavy commercial vehicle. Based on the sales channel, the market has been divided into OEM and Aftermarket.

Regional research

The global business regional overview was performed in four major regions namely Asia Pacific, North America , Europe and the rest of the world.

Asia Pacific is expected to capture the largest market share of sales among all countries, and is estimated to lead over the forecast period. Due to the involvement of nations such as Japan, China and India, where vehicle sales have risen as a result of increased urbanization and rising car purchases, the flywheel demand in this area has also been further affected. Constant technological advancement to lessen the weight of flywheels will further assist in the expansion of the APAC market. It is projected that the European market is driven by customer preference for the car flywheel market. The North American market is slated to gain the second-highest market share of sales and continue to prosper throughout the review era.

Competitive Analysis

The main market players operating in the global market as identified by MRFR are  AISIN SEIKI Co., Ltd (Japan), Schaeffler AG (Germany), American Axle & Manufacturing, Inc. (US), Linamar Corportation (Canada), Valeo SA (France), ZF Friedrichshafen AG (Germany), Ford Motor Company (US), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (US), and Iljin (Korea). There is fierce competition among the flywheel manufacturers, which plays an important role in the expansion of the flywheel market as manufacturers are constantly paying attention to evolving different characteristics to make their products unique and match the automotive manufacturers’ weight, transmission and speed requirements.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Collision Avoidance System Market Tue, 30 Jun 2020 09:13:59 +0200 http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648377.html http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/648377.html Automotive Market Research Reports Automotive Market Research Reports Market Research Future (MRFR), in its newly published research report, asserts that the global automotive collision avoidance system market is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a healthy 8% CAGR in the forecast period.

Drivers and Restraints

The rising awareness among consumers and original equipment manufacturers will directly impact the market and expand the market value of the global market for the automotive collision avoidance system. Favorable government policies, such as the advanced car assessment program in the U.S., will play a crucial role in the advancement of the global automotive collision avoidance system market. An increase in the sales of the luxury vehicle will enhance the demand for the innovative safety features such as collision avoidance system in automobiles. This will lead to the growth of the automotive collision avoidance system market during the forecast period. An increase in the purchasing power and disposable income of the consumers increases the sales of the luxury automobile, which further increases the demand for safety systems such as the collision avoidance system over the forecast period.

Segmental Analysis

The global market for automotive collision avoidance system is segmented on the basis of process type, vehicle type, sales channel, and region. On the basis of type, the market for automotive collision avoidance system has been divided into blind-spot detection, adaptive cruise control, autonomous emergency braking, and lane departure warning. Based on the technology, the market has been segmented into radar, LIDAR, and camera. On the basis of the sales channel, the market has been bifurcated into OEM and aftermarket. On the basis of vehicle type, the automotive collision avoidance system market has been segregated into a commercial vehicle, passenger car, and electric vehicle.

Regional Analysis

The geographical analysis of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world (Latin America, the Middle East, and Africa).

The global market for automotive collision avoidance system in Europe is slated to lead the market in terms of value and volume. In Europe, Germany is poised to hold the highest growth rate in 2017. Moreover, there is a rapid rise in sales of a luxury vehicle in Europe, and an increase in the need for the deployment of a safety system will raise the demand for automotive collision avoidance systems in cars. Additionally, stringent government regulations concerning vehicle safety will drive the demand for enhanced safety systems such as collision avoidance systems including consumers and OE market players.

North America is poised  to grow at a substantial CAGR during the assessment period. In North America, increasing participation of the automobile associations and government of the U.S. and Canada in the development of the automotive collision avoidance system will significantly add to the market growth in terms of value and volume. An increase in government regulation and programs such as the advanced car assessment program in the U.S. will fuel the demand for the automotive collision avoidance system during the review period.

Asia-Pacific is expected to play a significant role in increasing the presence of the automotive collision avoidance system owing to the presence of China, Japan, and India. An increase in the presence of manufacturers in the Asia-Pacific will reduce the high cost of the product and influence the sales of the automotive collision avoidance system over the review period. The rest of the world segment that consists of the Middle East & Africa and South America, is poised to generate the highest revenue and exhibit the highest CAGR in 2017 and over the forecast period.

Competitive Analysis

The major market players operating in the global market as identified by MRFR are Robert Bosch GmbH (Germany), Aptiv Plc (Republic of Ireland), General Electric Company (US), and Honeywell International, Inc. (US)., Hexagon AB (Sweden), Siemens AG (Germany), Denso Corporation (Japan), Alstom SA (France), Rockwell Collins, Inc. (US), and are among others.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Vehicle Analytics Market Tue, 30 Jun 2020 09:08:32 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648375.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648375.html Automotive Market Research Reports Automotive Market Research Reports As per Market Research Future (MRFR)’s assessment, the global vehicle analytics market is expected to thrive at a CAGR of 24% during the forecast period 2017 to 2023. The global market is anticipated to scale valuation of USD 4.3 Bn towards the close of the assessment period. The data generated by vehicles are used for numerous purposes such as insurance, maintenance, security, etc. Thus, the integration of artificial intelligence algorithms into the automotive industry is expected to boost the growth pattern of the vehicle analytics market.

Automotive technology is undergoing constant evolutions, and vehicle analytics is one of the latest trends anticipated to gain traction in the years to come. Industry leaders are harnessing massive data produced by vehicles and analyzing it for providing enhanced aftermarket services to the customers. This, in turn, is likely to catapult the vehicle analytics market on an upward trajectory. Also, the increasing demand for high-end vehicles is anticipated to favor the expansion of the market across the review period.

BFSI sector plays a crucial role in the development of the vehicle analytics market over the next couple of years. Insurers are adopting vehicle analytics for providing and settling insurance claims. The penetration of technology in the insurance industry is forecasted to catalyze the growth of the vehicle analytics market over the next couple of years. However, the high cost of the technology is likely to check the expansion of the market in the years to come.

Market Segmentation:

By component, the global vehicle analytics market has been segmented into software and services. The services segment is sub-segmented into professional services and managed services.

By deployment, the vehicle analytics market has been segmented into on premise and on demand.

By application, the global vehicle analytics market has been segmented into predictive maintenance, traffic management, infotainment, warranty analytics, usage based insurance, road charging, dealer performance analysis, safety & security management, and driver & user behavior analysis.

By end-user, the vehicle analytics market has been segmented into travel & hospitality, service providers, automotive dealers, fleet owners, insurers, and others.

Regional Analysis:

By region, the global vehicle analytics market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America holds the most significant market share in the global marketplace and houses a technologically advanced infrastructure for supporting market growth. The technical brilliance of the region is poised to drive the expansion of the vehicle analytics market in the region over the assessment period.

Asia Pacific has been expected to exhibit the highest CAGR across the projection period. Thriving automotive industry in conjunction with increasing demand for automobiles is likely to catalyze the growth pace of the vehicle analytics market in the region.

Competitive Dashboard:

The important players of the global vehicle analytics market profiled in this MRFR report are SAP SE (Germany), Microsoft Corporation (U.S.), Genetec (Canada), IBM Corporation (U.S.), Intelligent Mechatronic Systems (Canada), CloudMade (Ukraine), Harman International Industries, Inc. (U.S.), Inseego (U.S.), Teletrac Navman (U.S.), Agnik LLC (U.S.), Automotive Rentals (ARI) (U.S.), and Inquiron (U.S.).

Industry News:

In April 2019, ICICI Bank Limited, an Indian multinational banking, and financial services company, is leveraging upon data analytics for the launch of insta car and two-wheeler loans.

In April 2019, J.D. Power, a global marketing information services company, has partnered with Chicago-based artificial intelligence and IoT software company, Uptake Technologies, for boosting connected device analytics.

In November 2018, Avis Budget Group, American giant dealing in vehicle rental, is set to deploy Amazon Web Services’ Connected Vehicle Solution for the development of a cutting edge data analytics platform.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Cellular Concrete Market Tue, 30 Jun 2020 08:37:02 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648372.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/648372.html Automotive Market Research Reports Automotive Market Research Reports The global cellular concrete market is anticipated to garner a CAGR of 5.5% during the forecast period (2017-2023), Market Research Future (MRFR) reveals in a detailed report. Cellular concrete is rapidly replacing traditional concrete materials in the construction sector due to several benefits it provides. It is a lightweight constriction material, which is made of water, Portland cement, compressed air, and foaming agent, and is also termed as aerated concrete.

Market Potential and Pitfalls

The soaring demand for lightweight and strong materials in the construction industry is driving the cellular concrete market across the globe. The surging preference for eco-friendly and cost-effective constructions is fueling the market growth during the assessment period. The production of conventional concrete involves the use of coal to make clinkers, which produces unwanted greenhouse gases. Cellular concrete, on the other hand, is considered an eco-friendly product, which is produced using fly-ash, at lower time and cost than conventional cement. Such benefits are likely to create huge demand from the cellular concrete market. Cellular concrete offers high-fluidity, fire resistivity, high strength, increased durability, mold resistance, and is economical. These properties enable it to offer cost-effective construction and better performance than conventional materials.

On the contrary, foam liquid concentrates used to produce cellular cement may vary from poor to exceptional. This can raise concerns regarding the quality of the product. Moreover, several foam liquid concentrates promoted in the market are not designed for the production of cellular concrete. Such factors are estimated to restrict the market growth in the foreseeable future.

Global Cellular Concrete Market: Segmental Analysis

The global cellular concrete market has been segmented on the basis of application and end user.

By application, the cellular concrete market is segmented into road sub-bases, building material, roof insulation, concrete pipes, bridge abutment, and others. Of these, the building material segment is likely to command the largest market share. The segment will retain its position in the coming years due to its low cost, less labor, and less building time.

By end user, the cellular concrete market is segmented into residential and non-residential. Of these, the non-residential segment is likely to dominate the market as governments of developing as well as developed countries are emphasizing on the development of public infrastructure. This will further accelerate the demand for cellular concrete in the non-residential segment.

Regional Frontiers

Geographically, the global cellular concrete market spans across the Asia Pacific, North America, Europe, and the Rest-of-the-World (RoW).

Considering the global scenario, Europe commanded the largest market share in 2016. Growth in restructuring and remodeling of homes fuel the market growth in the region. Europe is considered the hub of autoclaved aerated concrete blocks manufacturers. This further has a positive impact on the growth of the cellular concrete market in the region.

Asia Pacific is estimated to register the highest CAGR, mainly due to the recent boom in construction activities. India, China, Singapore, and Japan are some of the major countries in the region, contributing to the market growth. Economic growth in APAC has allowed for a greater requirement of commercial and institutional infrastructure spaces. Major players across the world are shifting their production facilities to cater to potential markets in the APAC, due to the availability of ample raw materials and low-cost labor. This has further influenced the growth of the market in the region. Moreover, the Chinese government has issued favorable policies to reduce the proportion of down payment for second house loans and to exempt of sales tax for ordinary housing, which has encouraged the market growth in the region.

North America is considered a prominent market for the cellular concrete market due to increasing residential and non-residential construction activities in the region.

Industry Updates

July 2019: CEMATRIX Corporation has recently announced that the company’s wholly-owned operating subsidiaries MixOnSite USA Inc. and CEMATRIX (Canada) Inc. have secured around $1.1 million in U.S. and new Canadian infrastructure contracts.

Competitive Dashboard

The players operating in the global cellular concrete market include Xella Group (Germany), Saint Gobain (France), Cematrix (Canada), Cellucrete (U.S.), Laston Italiana S.P.A (Italy), Litebuilt (Australia), Aerix Industries (U.S.), Cellular Concrete Technologies (U.S.), B. G. Shirke Construction Technology Pvt. Ltd (India), ACICO (Kuwait), Conco (U.S.), Broco Industries (Indonesia), CellFill, LLC (U.S.), JK Lakshmi Cement  Ltd (India), and Aircrete Europe (Netherlands).

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Ceiling Tiles Market Tue, 30 Jun 2020 08:32:14 +0200 http://comunicati.net/comunicati/istituzioni/comuni/sicilia/648370.html http://comunicati.net/comunicati/istituzioni/comuni/sicilia/648370.html Automotive Market Research Reports Automotive Market Research Reports Market Research Future (MRFR), in its newly published research report, asserts that the global ceiling tiles industry is thriving and slated to grow exponentially over the review period, recording a substantial market valuation and a healthy 8.2% CAGR in the forecast period.

Drivers and Restraints

Increased consumption in Asia is considered one of the driving factors responsible for the growth of the ceiling markets. The market is projected to be driven by increasing commercial construction activities such as office complexes, institutional buildings, and healthcare facilities across the globe.

The growing demand for the product with changing consumer lifestyle, growing disposable income, and the need for thermal and acoustic insulation are likely to fuel the growth in application industries. Furthermore, the availability of innovative construction solutions that are durable and require low maintenance is expected to impact the growth favorably. Rising awareness concerning the use of eco-friendly building materials is estimated to propel the green retrofit or renovation activities of existing activities in the construction sector in developed countries from North America and Europe. In addition to this, increasing the adoption of recycling and reuse knowhows by major market players is expected to drive market growth.

Segmental Analysis

the global market for ceiling tiles has been segmented on the basis of installation types, products, and applications. On the basis of product, the global ceiling tiles market has been segmented as mineral wool, metal, gypsum, wood, and others. Among commodities, mineral wool accounted for the largest market share.

 Based on installation type, the global ceiling tiles market has been segmented as a drop-in, and glue up. In glue-up, ceiling tiles are attached precisely to the ceiling surface using adhesive.  

On the basis of applications, the global ceiling tiles market has been bifurcated as residential and non-residential. Non-residential is slated to lead the application segment of the market and is anticipated to grow at the fastest CAGR during the review period. 

Regional Analysis

The geographical analysis of the global market has been conducted in four major regions, including Europe, the Asia Pacific, North America, and the rest of the world (Latin America, the Middle East, and Africa).

North America region has accounted for the most significant market share in 2016, followed by Europe and the Asia Pacific. The escalating demand for low maintenance building products is fueling the growth of the market in the North America region. The U.S. is the most substantial contributor in global as well as the North America ceiling tiles market. steady development in commercial and residential structures in the U.S. is anticipated to fuel the demand for the market in the region. Moreover, consumer preference for green buildings and sustained investments in commercial real estate, have also had a positive impact on the expansion of the market. Europe is assessed as the second-largest market for ceiling tiles owing to the Rising repair and rehabilitation activities of existing infrastructure, which have considerable potential for the market in the future.

Asia Pacific is slated to grow at the highest CAGR during the forecast period. China, Japan, India, and Singapore are the primary market in the Asia Pacific region. The growing residential and non-residential construction activities in the region is fueling the growth of the market. Furthermore, growing awareness about green construction among consumers is also projected to offer enormous opportunities for market growth. In the rest of the world, the Middle East and Africa region are expected to contribute significantly during the assessment period, mainly due to the changing lifestyle and development of the hotels. This is a result of the growing government initiatives related to the tourism industry in these regions.

Competitive Analysis

The major market players operating in the global market as identified by MRFR are  Knauf (Germany), Armstrong World Industries, Inc. (U.S.), Grenzebach BSH GmbH (Germany), USG Corporation (U.S.), Rockfon (U.S.), Saint Gobain S.A. (France), Decorative Ceiling Tiles, Inc. (U.S.), SAS International (U.K.), VANS Gypsum Pvt Ltd (India), Odenwald Faserplattenwerk GmbH (Germany), Burgess CEP (U.K.)., Hunter Douglas (The Netherlands), and The ReWall Company, LLC (U.S.).

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Building Panels Market Tue, 30 Jun 2020 08:26:54 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xvi/648369.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xvi/648369.html Automotive Market Research Reports Automotive Market Research Reports Market Research Future has published its report on global building panels market, which stated that the market is expected to grow and rise with CAGR of 6%. This report also reflects positive insights into the market along with futuristic opportunities as well.  The registered CAGR for the market is estimated to grow in the forecast period owing to rapid urbanization, growing construction industry, technological advancements, and more.

Building panels are construction panels that are pre-formed and used mainly used in the residential and non-residential sector. Such panels are used for exterior as well as interior parts of the building. These come with a variety of materials such as wood, metals concrete, and others. Also, various sizes of these panels are used for different construction purposes. Building panels are advantageous than the conventional construction methods, as they are faster, use less capital, power, and labor for construction. What makes these panels better is its easy installation and reduction of the wastage of materials.

Global Building Panels Market: Drivers and Trends

The global building panels market size will witness considerable growth in the years to come owing to the increasing demand in the construction industry. Also, rising scope in the retail sector and commercial spaces are majorly driving the product in demands. It has also been seen that many government bodies, globally, have imposed stringent regulations on the use of certain chemicals, which has eventually supported the market in substantial ways.

In the current time, the need for better and safe housing solutions in lower costs, reduced power, labor, and less time consumption has become an essential aspect, which, in turn, has expanded the building panels market profoundly and created ways for more construction types for the future. Due to all these factors, the demand for building panels is rising rapidly.

Going forward, increasingly stringent government regulations over the use of specific chemicals and materials is hampering the growth of the global building panels market. Several chemicals have been banned in some countries due to toxic attributes. Therefore, market players have increased investment in research and development to discover safe and economical alternatives.

In the current time, developed regions are offering vast prospects in the global building panels market. Most of the nations are witnessing a high rate of construction activities. These developed regions are also capable of purchasing the finest construction materials and products for the building better structures. This is likely to lift the scope of growth for global players.

Global Building Panels Market: Segmentation

With a comprehensive study of the growth opportunities of the global building panels market published by MRFR, the market has been segmented by panel type, material, application, end user, and regions.

By panel type, the market can be segmented as wooden, concrete, structural insulated, and vacuum insulated.

By materials type, the segment includes concrete, metal, wood, plastics, silica.

By application type, the segment includes residential, commercial, and industrial.

By end-user type, the segment includes floors & roof, walls, columns & beams, and staircase.

Regional Outlook

Geographically, the key regions of global building panels market share are Asia Pacific, North America, Europe, and the rest of the world.

Of these, the Asia-Pacific region is leading the global building panels market owing to the increasing industrialization & urbanization activities and the rising need for housing coupled with the proliferating population. This region is predicted to grow at the fastest pace in the forecast period.

Next comes the North American region, which leads to the global market share since 2017. However, the construction industry in the United States has not been the same in 2017 as it was in the past three years. There has been an increase observed in the private construction over the years mainly in residential and non-residential construction. Such construction has increased significantly over time compared to the previous years and is likely to grow in the future time.

Key Players

The leading players in the Building Panels markets are Panasonic Corporation, Saint-Gobain, CRH Plc., Lafarge, Evonik Industries AG, Huntsman International LLC., Dow Corning Corporation, Fletcher Building Limited, Atlas international and Boral Limited.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Electronic Brake System Market Tue, 30 Jun 2020 08:21:07 +0200 http://comunicati.net/comunicati/istituzioni/comuni/trentino_alto_adige/648368.html http://comunicati.net/comunicati/istituzioni/comuni/trentino_alto_adige/648368.html Automotive Market Research Reports Automotive Market Research Reports The development of asphalt roads and connectivity to places thanks to constant road infrastructural projects has led to high sales of cars. The automotive industry has prioritized on customer safety and has led several efforts into enhancing the efficacy of brakes. Electronic brake systems are an invention which works well with valve modulators and other components to increase brake stoppage time. The global automotive electronic brake system market report by Market Research Future (MRFR) covers trends and novel opportunities which can be insightful for automotive manufacturers.

Market Scope

The global automotive electronic brake system market is expected to make inroads at 5.4% CAGR from 2018 to 2023 (forecast period), as per MRFR. High sales of commercial and passenger vehicles is the primary driver of the market. Furthermore, the need for safety measures outlined by governments for customers can be push the demand in the market.

Strict government regulations for lowering CO2 emissions is likely to play a major role in the future market scenario. Rising production of electric and hybrid vehicles for meeting renewable energy targets is expected to buttress the trend. Developments of advanced braking systems such as electromagnetic braking system and anti-lock braking (ABS) system are predicted to bear positive fruit for the automotive electronic brake system market.

But availability of cheap substitutes may threaten market growth.

Segmentation

The automotive electronic brake system market is segmented by vehicle type, component, technology, and sales channel.

By vehicle type, it is segmented into passenger and commercial vehicles.

By component, it is segmented into sensors, actuators, control units, and others.

By technology, it is segmented into brake assistance, autonomous emergency braking, electronic stability control, and anti-lock braking systems.

By sales channel, it is segmented into OEM and aftermarket.

Industry News

Advanced Braking Systems – Torque vectoring is a brand-new technology which transfers the engine torque to the front wheels and reducing the need to understeer. This differential has been integrated into all-wheel-drive vehicles and will be particularly useful in tough climes. Prominent manufacturers employing this technology are Mercedes and Jaguar. Furthermore, manufacturers are developing various types of brakes such as wedge and ball screw brakes with regards to changes in car designs.

Hybrid and Electric Vehicles – Rising production of electric and hybrid vehicles made feasible due to energy targets of countries and supportive government policies of electric vehicle charging infrastructure is likely to be a new growth opportunity for electronic brake system manufacturers. In 2019, Continental tasted success with its MK C1 brake system which can result in energy savings and reduce carbon emissions. It even passed the Worldwide harmonized light vehicle test procedure (WLTP), a standard for measuring fuel and electricity emissions.

Regional Outlook

The automotive electronic brake system market covers the latest trends in braking across Asia Pacific (APAC), Europe, North America, and Rest-of-the-World (RoW). Among them, the APAC region is touted to exhibit a robust growth rate during the forecast period due to strict implementation of safety norms in South Korea, Japan, and others. Surge in sales of automotive vehicles, high expendable income levels of customers, and cheap workforce are other factors which can bolster the demand in electronic brake systems.

North America held the largest market share in 2017 due to the presence of major automobile manufacturers and high customer awareness levels regarding safety measures. Moreover, governments of the U.S. and Canada have enforced stringent rules to curtail the number of accidents due to climatic conditions and driver sensibilities.

Similarly, Europe is expected to generate a major windfall thanks to environmental regulations regarding automotive vehicle production and integration of collision avoidance systems.

Key Players

Major automotive braking system manufacturers covered in the market report include Haldex AB, Delphi Automotive Plc, Robert Bosch GMBH, Autoliv Inc., Knorr Bremse AG, Wabco Holdings Inc., Continental AG, Advics Group, ZF TRW Automotive, and Denso Corporation.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Block Paving Market Tue, 30 Jun 2020 08:15:51 +0200 http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648366.html http://comunicati.net/comunicati/istituzioni/comuni/lazio/anguillara_sabazia/648366.html Automotive Market Research Reports Automotive Market Research Reports Block paving is fast gaining prominence as an aesthetic solution for surfacing. Several cities are launching plans to revamp various points in cities with block paving as these are long lasting. The global block paving market is gaining substantial lead and is expected to profit with substantial CAGR during the forecast period (2018-2023). Market Research Future (MRFR), in their latest report on the global block paving market, focused on various growth pointers that can be of great use to trigger future progress for the market.

Rapid urbanization, rising disposable income, booming residential sector, easy installation process, aesthetic features, and others are expected to increase the growth probability of the block paving market. However, in driving areas, its installation could create dangerous situations, which could dampen the block paving market’s growth prospect over the review period.

Segmentation:

MRFR’s analysis of the global block paving market leads to a segmentation that allows a closer look at the market. This segmentation includes material, end-use, and product. Such a segmentation is based on volume-wise and value-wise figures provided by adept analysts.

Based on the materials, the block paving market can be segmented into clay, building bricks, and concrete. People look for products that are expected to be long-lasting that is why concrete and brick segments are gaining much leverage.

Based on the end-use, the block paving market can be segmented into structural, hardscaping, siding, fireplace, and others. The hardscaping segment is gaining support for various changes in the residential segment’s evolution. The fireplace segment can also be considered as substantial profit provider.

Based on the product, the block paving market can be segmented into pavers, glazed clay bricks, and wall block. Among these, glazed clay bricks segment has the maximum market share and pavers come in second in terms of market size.

Regional Analysis:

Major regions in the global block paving market report, conducted by MRFR, are North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). Such a region-specific peek into the market is ensures a better perspective and helps in exploring growth pockets to their fullest potential.

North America’s growth in the block paving market is much higher than other regions. This has posed the market as the leader of the global market. This is due to the presence of countries like the US, and Canada, where state governments put extra emphasis on beatification of cities to make them more tourist-friendly. Such moves are providing much scope for the regional market growth. On the other hand, high investment capacity and burgeoning construction segment in the region are expected to take the regional market ahead.

Europe and the Asia Pacific are next in the line to benefit much from the regional market growth. The aesthetically upgradation process helps Europe in generating much profit. On the other hand, the APAC region is slated to become the fastest growing market by the end of 2023. The regional growth in government initiatives to build up housing projects and transforming sidewalks can be seen as main traction provider. Also, the changing preferences of customers are expected to substantiate the regional block paving market growth.

Competitive Landscape:

Prominent companies are continuously launching their strategic moves to substantiate their claim in the block paving market. At the same time, they are also helping the global market in attaining unprecedented growth. MRFR listed these companies and profiled them for a better analysis of the global block paving market trends. These companies are Palmetto Corp, McBride Construction, Kilsaran International, Superior Asphalt Inc., Tobermore, Brett Landscaping & Building Products, Marshalls PLC, Premier Pavers and Stone, and Paving Superstore.

In July 2019, Glastonbury government decided to pave their sideways Glastonbury Boulevard with block paving and the estimated cost for the project has reached USD 2 million. The project is expected to get complete by 2020.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Bifold Doors Market Tue, 30 Jun 2020 08:12:13 +0200 http://comunicati.net/comunicati/istituzioni/comuni/sardegna/648364.html http://comunicati.net/comunicati/istituzioni/comuni/sardegna/648364.html Automotive Market Research Reports Automotive Market Research Reports Market Research Future (MRFR) in that latest “Bifold Doors Market” report states that the market is expected to expand at about 5% CAGR  and is all set to attain a considerable valuation by 2023.

Market Insights

Better insulation, room segregation, and elevated protection of house interiors from the fluctuating external temperatures are other benefits that are offered by bifold doors. Bifold door’s provision for door-walls systems co-exist enhances the aesthetic appeal of interiors. This is the predominating reason that is likely to propel the bifold doors market. Residential buildings, stores and shops, and restaurants are some of the places where bifold doors are deployed.

First, the increase in world population is surging the residential construction count. In addition, bifold doors are gaining popularity as a home décor due to the increase in the purchasing power of people. Second, the need for doors that require minimum opening and closing space is high for stores, and are perfect replacement for doors. Hence, bifold doors are heavily deployed in shops and stores. Third, as bifold doors enhance the aesthetic appeal of the interiors, in restaurants they play a significant role in attracting customers. These factors are expected to gain immense traction for the worldwide market of bifold doors.

Moreover, the demand for bifold doors is driven by increase in need for doors that offer better insulation and heat retention.  As bifold doors require minimums space, and have consolidated door-wall system, its market is expected to boom in the years to come. However, the high cost of these doors due to the folding mechanism is excepted to hinder the market expansion. In addition, the high installation cost of bifold doors, higher attention while installation, and the complexity of setting do-it-yourself users are other factors that are expected to interfere the market expansion.

Segmental Overview

The worldwide market of bifold doors is segmented by material type and application. By material, the market is segmented into wood, PVC, aluminum, and others. The growing inclination of people towards home décor with greater aesthetic appeal is surging the use of wood for bifold doors. Aluminum is often used as fabrication material for bifold doors due the abundance of the metal. PVC is noted to be the material of choice for the making of bifold doors due to its better performance. These factors are expected to promote the market growth. By application, the market is segmented into residential and non-residential. The growing need for bifold doors in residential space, followed by business set-ups, is expected to spur the market growth.

Regional Outlook

The bifold Asia Pacific market is expected to grow at a quick pace in the review years. The regional market is expected to hold a considerable portion of the market. The building & construction industry in the APAC region is witnessing an outstanding growth. Alongside, an increase in the number of supportive policies from the government and stringent real-estate project approval regulations in developing economies, such as China, Indonesia, and India are likely to boost the global bifold market growth. Quick-paced urban migration is triggering the need for expanding both residential and commercial spaces. And, escalation in the disposable income of people in the APAC countries is meeting the rising need to meet the aesthetic values in construction, as the demand for bifold doors in the interiors rises. 

Key Players

MRFR listed some of the renowned companies that are operating in the global bifold doors market. They are; JELD-WEN Inc., Andersen Corporation, Ply Gem Industries Inc., Pella Corporation, Cascade Windows Inc., Associated Windows & Conservatories, AG Millworks, AWM Building Maintenance Ltd., ATIS Group, and Brennan Enterprises Inc.  

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.

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Impact of Covid-19 Outbreak on Automotive Retread Tires Market Fri, 26 Jun 2020 11:36:18 +0200 http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/647773.html http://comunicati.net/comunicati/istituzioni/comuni/friuli_venezia_giulia/647773.html Automotive Market Research Reports Automotive Market Research Reports The automotive retread tires, also known as remold tires, are eco-friendly in nature and curbs carbon production. Due to such reasons the sale of these tires has increased and the global automotive retread tires is expected to scale a 5% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their well-placed argument on the automotive retread tires market reveals possibilities for the global automotive retread tires market attaining higher than the projected growth rate.

The market is expected to gain the maximum from the recycling process initiated by several companies to adhere to government policies. Eco-awareness has given rise to regulations that governments are now putting into effect to reduce carbon footprint. At the same time, increasing number of fleet owners are pushing the boundary wide for the automotive retread tires market. The market is also intense due to the presence of several globally recognized names. These products are also cost-effective and is at least 30% cheaper than any original piece. This creates traction for the global market. But the lack of consumer awareness can be a market deterrent.

Segmentation:

The global automotive retread tires market can be studied by segmenting the market into process type, end market, and vehicle type. This segmentation is further backed up by data on a volume-wise and value-wise segmentation.              

Based on the process type, the automotive retread tires market can be segmented into pre-cure and mold-cure. The pre-cure segment has considerable market control owing to which the segment is expecting substantial growth.

Based on the end market, the automotive retread tires market can be segmented into OEM and aftermarket. The OEM segment is contributing substantially and its market coverage is quite extensive.

Based on the vehicle type, the automotive retread tires market includes passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to fetch large revenue owing to the increase in sale of the passenger cars.                                                

Regional Analysis:

North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW) are the four regions incorporated in the study of the automotive retread tires market. MRFR in the report tries to find out prospective regions where the company can expand their business.

North America is experiencing heavy growth due to the high intake of personal cars. This is further substantiated by companies who have made their business from the region. However, it is the APAC that rules the global market and is having a great run due to the huge number of car owners are providing traction. The high cost benefits with manufacturing of retread tires is also one major reason owing to which the growth of the market in this region has become quite easier.

Europe has the second spot and it is getting backed by strict regulations that have been implemented to support eco-friendly causes. The region has several regulations that actually supports the integration of this procedure to ensure market growth. This is bound to hike the production and consumption of retread tires across the region.

Competitive Landscape:

Several companies have involved themselves into the global automotive retread tires market with an aim to maximize benefits. MRFR in their recently published report enlisted companies like The Goodyear Tire & Rubber Company (US), Bridgestone Corporation (Japan), Marangoni S.p.A. (Italy), Michelin (France), Nokian Tyres plc (Finland) KRAIBURG AUSTRIA GmbH & CO. KG (Austria), MRF Tyres (India), Pilipinas Kai Rubber Corporation (Philippines), JK Tyres (India), Eastern Treads (India), and others.

In March 2019, Ecolomondo announced USD 32 million financing from Export Development Canada (EDC) to set up a turnkey Thermal Decomposition (TDP) facility in Ontario. The company would spend significantly into production process that uses mostly scrap tires. The company plans to profit more by reselling such tire.

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Impact of Covid-19 Outbreak on Drive Shaft Market Fri, 26 Jun 2020 11:29:47 +0200 http://comunicati.net/comunicati/istituzioni/comuni/emilia_romagna/comune_di_modena/647771.html http://comunicati.net/comunicati/istituzioni/comuni/emilia_romagna/comune_di_modena/647771.html Automotive Market Research Reports Automotive Market Research Reports A research report published by Market Research Future (MRFR) on the global Automotive Axle And Propeller Shaft Market, indicates the market to exhibit healthy growth and capture a CAGR of 5.2% over the forecast period of 2018-2025. In its latest report, MRFR has identified the key macro and micro-economic factors affecting the growth of the global drive shaft market.

Drive shaft, being an essential component of the vehicle driveline, the drive shaft market is growing in line with the automotive industry. The rise in disposable income across the globe and the rise of the middle-class has raised the sales of vehicles considerably in recent years. To cater to the growing demand for vehicles, commercial as well as passenger, automotive manufacturers are increasing the production of cars which has significantly raised the demand for drive shaft.

Development of lightweight drive shafts has had a positive effect on the growth of the drive shaft market. Lightweight drive shafts are highly preferred by people who prefer driving at a higher speed. The light weight allows for the driveshaft to have a higher critical revolution speed which allows it to spin faster. The superior performance of lightweight drive shafts has led to increasing demand within the drive shaft market. Moreover, lightweight drive shafts cause lesser emissions and align with stringent rules set by international emission control authorities which further provides fuel to the growth of the market. However, augmenting demand for electric vehicles is likely to act as a headwind to the market growth.

Segmentation

The global drive shaft market is segmented based on vehicle type, design, and position.

By vehicle type, the drive shaft market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).

By design, the drive shaft market has been segmented into hollow drive shafts and solid drive shafts. The hollow drive shaft segment is anticipated to lead the market over the forecast period. Hollow drive shafts have gained prominence in recent years due to their flexibility and enhanced performance as compared to conventional counterparts.

By position, the drive shaft market has been segmented into front drive shaft and rear drive shaft.

Regional Analysis

By region, the drive shaft market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe.

The APAC drive shaft market accounts for the most valuable share of the market and is anticipated to exhibit the highest growth rate over the forecast period. Improving economic conditions and subsequent rise in spending capabilities has increased the sale of cars in the region which is boosting the growth of the drive shaft market in the region. Moreover, the region is home to various automotive manufacturers who invest heavily in the drive shaft market. Automotive manufacturing has also increased in the region due to lower production cost and favorable government policies.

Europe is the second largest drive shaft market. The existence of automotive OEMs in the region, along with collaborations, agreements, and partnerships of automotive OEMs and drive shaft suppliers has created a conducive environment for the growth of the market. Additionally, various automotive safety standards prompt the use of drive shaft, inducing high demand within the market.

Competitive Landscape

Dana Holding Corporation (US), ACPT, Inc. (US), NTN Corporation (Japan), The Timken Company (US), American Axle & Manufacturing Holdings, Inc. (US), Neapco Holdings, LLC (US), Yamada Manufacturing Co., Ltd. (Japan), Ifa Rotorion - Holding GmbH (Germany), Advanced Composite Products & Technology, Inc., Trelleborg AB (Sweden), and GKN PLC (UK) are the imminent players operating the drive shaft market.

Industry Updates

May 2019 – The new Lexus RC F edition is equipped with a hollow, lighter drive shaft which allows a larger final drive ratio which enhances engine responsiveness.

 

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Impact of Covid-19 Outbreak on Automotive Augmented Reality Market Fri, 26 Jun 2020 11:24:15 +0200 http://comunicati.net/comunicati/istituzioni/comuni/emilia_romagna/comune_di_modena/647769.html http://comunicati.net/comunicati/istituzioni/comuni/emilia_romagna/comune_di_modena/647769.html Automotive Market Research Reports Automotive Market Research Reports Market Research Future (MRFR) states, the global automotive augmented reality market is likely to expand at a significant CAGR over the forecast period of 2018 to 2023. The increase in the adoption of augmented reality technology in the automobile industry as it provides customers with an enhanced interactive experience is likely to be the main factor that can escalate the market growth.

Market Insights

The global market of automotive augmented reality is expected to capitalize on benefits offered by the technology. An increase in road-accidents has been observed due to rise in road rage pertaining to busy work-life of people. With augmented reality equipped automobiles, the risk of road mishaps can be reduced. The technology allows flashing of digital messages on windshield, without hindering the driver’s vision that can settle road rage. This is a cause that is expected to surge the market.

The rise in the comfort threshold of people and the need to relax after weeks work are factors that are rising the demand for virtual test drives. Automobile companies, with the assistance of augmented reality technology is can provide a test drive to their customers with being physically present. Alongside, AR presents variants of automobiles to customer at home by creating digital showrooms. Augmented reality technology is proving its efficacy in curbing the mounting complexity of automobiles by modifying support service tools. These advantages of AR are expected to benefit the automobile augmented reality market.

Segmental Overview

The automotive augmented reality market is segmented by sensor technology, level of autonomous driving, and function.

By sensor technology, the market is segmented into Sensor Fusion, Lidar, VMOS image source and radar. By autonomous driving, the market is segmented into conventional driving and semi-autonomous driving. By functions, the is segmented into AR HUD With Standard Functions, AR HUD With Navigation, AR HUD With Lane Departure Warning, and Advanced AR HUD. An increase in the adoption of HUDs is noted as the demand for high-end and mid-size cars surge.

Regional Outlook

Regionally, the automotive augmented reality market has been analyzed in key regions. They are;  North America, Europe, and Asia-Pacific, and the Rest of the World. The market in the Asia-Pacific region is likely to generate the highest revenue. High sale of automobiles in emerging economies such as market India, China, Japan, South Korea, and Thailand and the growing inclination of people towards smart vehicles are factors that are likely to push APAC market across the review period. The rise in sales number of automobiles that are equipped with augmented reality technology is also due to the increase in the comfort threshold of people. Rapid urbanization and hike in per capita income of consumers, and the governments growing concern to prevent road accidents are likely to be other boosters that can propel the market. In Europe, increase in R&D activities and quick roll-out of innovations are expected to cause fast-paced expansion of the regional market of automotive augmented reality. The rise in demand for both autonomous and semi-autonomous cars is likely to fuel the Europe automotive augmented reality  market. Europe is expected to secure the second position, the growth line of the market.

Key Players

Some of the high profiled companies that are functioning in the global automotive augmented reality market that are enlisted by Panasonic (Japan), Delphi Automotive (Ireland), Hyundai Motors (South Korea), Alphabet (US), BMW (Germany), Denso (US), Robert Bosch GmbH (Germany), Garmin International (US), and Continental AG (Germany). The rise in automakers and their high rate of adoption of modern technologies to unfurl more effective vehicles is intensifying competition between them that is likely to boost the market growth.

 

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