Automotive Research Reports |
Glass Fiber Reinforced Concrete Market Research Report – Forecast to 2023
Glass Fiber Reinforced Concrete (GFRC) is composed of cement, sand, water, alkali-resistant glass fiber, and concrete. It exhibits properties such as moisture absorption, fire resistance, weather resistance, crack resistant, and durability. Such desirable properties of GFRC has led to persistent demand for various end-use applications. The global glass fiber reinforced concrete market is anticipated to expand at a CAGR of 10.3% over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in its latest in-depth report. The market stood at USD 1.83 Bn in 2017, and after a thorough analysis of various parameters affecting the market, MRFR has projected the market to reach USD 3.35 Bn by the end of 2023. The growth of the glass fiber reinforced concrete market is mainly substantiated by the construction industry. It is used for exterior facade panels, piping, decorative non-recoverable formwork and as architectural precast concrete. Advantages such as fire resistance, lightweight, high mechanical strength, aesthetic properties, and superior crack resistance make them highly desirable in the construction industry. Expansion of the construction industry is favoring the growth of the market. Rising intracultural activities in the developing nations along with renovation in the residential sector in developed economies has provided a boost to the GFRC market. GFRC provided enhanced flexibility in terms of design, which has raised its adoption. Moreover, GFRC facilitates the construction of safe and moisture resistant buildings. Growing concerns over global warming, climate change, and other environmental issues have significantly increased the demand for GFRC. GFRC is an eco-friendly building material, and growing construction of green buildings and green building initiatives in multiple countries is auguring well for the growth of the market. Other factors substantiating the growth of the glass fiber reinforced concrete market include surging environmental awareness, rapid industrialization, and advancement in GFRC. Improvisation in terms of composition that has led to the development of thinner and lightweight GFRC which deliver enhanced performance is driving the demand for GFRC. On the downside, the growth of the market can be hindered by low ductility of GFRC in comparison with steel reinforced concrete (SRC). Segmentation The global has been segmented based on process and application. By process, the glass fiber reinforced concrete market has been segmented into spray, premix, and hybrid. The spray segment is dominating the market on account of its flexibility and superior performance. Spraying is a modern method of producing glass fiber reinforced concrete and is extensively used in the construction sector for multiple applications. Sprayed GFRC delivers enhanced ductility, which facilitates the usage of varied sized panels. By application, the glass fiber reinforced concrete market has been segmented into commercial construction, residential construction, and civil & other infrastructure construction. The commercial segment is estimated to dominate the market over the forecast period. Regional Analysis By region, the glass fiber reinforced concrete industry has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC). The Americas is the leading glass fiber reinforced concrete market. Rising residential, as well as commercial construction in the region, has provided an impetus to the growth of the market. The escalation in the level of awareness regarding environmental issues has led to the adoption of GFRC in the construction industry. Remodeling of residential structures in Mexico provides much boost in the market. The US and Canada are key contributors to the Americas market. Europe accounts for a significant share of the global GFRC market. Increase in green building projects contributes majorly to the market growth. The APAC GFRC market is estimated to showcase rapid growth over the forecast period. Rising disposable income and growth of the middle-class has led to increased investment in the real estate sector, which is augmenting the growth of the market. Moreover, fast-track industrialization and acceleration in commercial construction activities in the developing economies of the region is fostering the growth of the market. Moreover, the rise in environmental awareness also plays a crucial role in market growth. Competitive Landscape The eminent players in the glass fiber reinforced concrete market include Nanjing Beilida New Material System Engineering Co., Ltd. (China), Ultratech Cement Ltd. (India), Formglas Products Ltd. (Canada), Willis Construction Co., Inc. (U.S.), BB Fiberbeton (Denmark), Betofiber A.S. (Turkey), Low & Bonar (U.K.), Loveld (Belgium), Fibrex Construction Group (UAE), Clark Pacific (U.S.), and Stromberg Architectural (U.S.). Related News: https://teletype.in/@millerpeet/B1xWkXeG8 https://www.sharewise.com/us/news_articles/North_America_to_Account_for_Biggest_Share_for_Zero_Energy_Building_Market_lisaray_20200130_1023 https://automotivetrendsposts.tumblr.com/post/190548088409/cellular-concrete-market-eyeing-for-outstanding http://crweworld.com/usa/ks/andale/localnews/press-releases/1397909/eco-friendly-tile-industry-is-expected-to-garner-at-a-rapid-pace-with-cagr-of-92-by-2023 https://www.articletrunk.com/ready-mix-concrete-industry-apac-acquiring-the-major-share/ http://www.imfaceplate.com/automotivemarket/surface-mining-industry-to-expand-remarkably
0 Comments
Constant Product Innovation to Influence Modular Construction for High Rise Buildings Market1/30/2020 Modular Construction for High Rise Buildings Market Research Report – Forecast to 2023
The worldwide steel framed modular construction for high rise buildings market is prognosticated to surpass USD 4,734 million at 5.60% CAGR over the estimated years (2017-2023). Modular buildings are buildings created from components that are manufactured in factories on assembly lines and then assembled on the site in assorted arrangements. The building can either be made using numerous complete prefabricated modular building units or using modular parts namely windows, ceilings, doors, frames and walls. It offers leverage over metrics including saves construction expenses, logistics, security and materials. There are abundant factors that is propelling the growth of the modular construction for high rise buildings market. These factors as stated by the Market Research Future (MRFR) report include investments made in the construction industry by foreign direct investments (FDI), supportive government laws related to high-rise building construction, creation of special economic zones, increase in urbanization, and creation of numerous modeling and designing software namely building information modeling (BIM). The additional factors propelling the market growth include constant demand from numerous end users, rapid boost in industrialization, collaboration by competing market players and continuous product innovation. On the contrary, fluctuating prices of raw materials, lack of awareness, lack of marketing in the supply chain and dearth in technological expertise are factors that may deter modular construction for high rise buildings market growth over the estimated years. Market Segmentation MRFR report provides an extensive segmental analysis of the modular construction for high rise buildings market on the basis of module type, building height, and material. Based on material, it is segmented into wood, plastic, steel and concrete. Of these, the steel market will have the largest share in the market over the estimated years. A steel module is safe to use, thus majority of the high-rise buildings are making the most of it. Based on building height, the modular construction for high rise buildings market is segmented into 170 meters and above, 100-170 meters, 70-100 meters and up to 70 meters. Of these, up to 70 meters will dominate the market over the estimated years. Based on module type, it is segmented into kitchenette, bathroom pods and others. Of these, bathroom pods will lead the market over the estimated years owing to growing usage of steel framed pods coupled with extensive usage in private care especially for the elderly sector. The applications are the wet room style pod which offer safety, ease of access and hygiene. Regional Analysis By region, the modular construction for high rise buildings market covers growth opportunities and latest trends across Middle East and Africa, Asia Pacific, Europe and Americas. Of these, Europe will domineer the market over the estimated years. This is owing to increase in infrastructure and commercial projects and private housing, privately funded project development in the health and education sector, increasing environmental concerns, increasing interest in energy saving, cost benefit construction, and major companies making the most of modular construction for building high rise buildings here. The modular construction for high rise buildings market in the Americas is predicted to witness a consistent growth owing to a stable economy, resurgence of the real estate sector, enormous savings with regards to cost and time and growing reliability at the time of unpleasant weather. The modular construction for high rise buildings market in the APAC region will have a significant growth due to supportive government initiatives, rise in per capita, increase in urban population and increase in industrialization. Besides, the growing need for sustainable and eco-friendly construction is also boosting the market growth here. Modular construction in the Middle East and Africa has turned synonymous with effectual and timely construction and replacing the traditional construction methods rapidly. Sectors namely urban planning, infrastructure and oil and gas are using modular construction extensively for building high rise buildings across the region. Key Players Leading players profiled in the modular construction for high rise buildings market include Eurocomponents Italia S.P.A., Oldcastle Surepods, Intelligent Offsite, The Pod Company (Speed House Group Company), Elements Europe, B&T Manufacturing, Interpod Offsite, NeoPod Systems, PUDA Industrial Co., Ltd., Walker Modular and others. April 2019- Marriot International is all set to create the tallest modular hotel in NoMad, the tallest so far in the world. Related News: https://user.younews.in/news/precast-concrete-industry-to-reach-the-valuation-of-usd-103666-1-mn-by-the-end-of-the-review-period/ https://teletype.in/@millerpeet/SkuGW-ef8 https://www.agreatertown.com/united_states_minor_outlying_islands_un/upsurge_in_high_rise_buildings_to_affect_scaffolding_market_0007411336 https://www.feedsfloor.com/construction/growth-construction-industry-set-support-expansion-global-all-terrain-crane-industry http://www.articleweb55.com/details/APAC-China-and-Japan-collectively-accounted-for-more-than-50-of-the-APAC-tower-crane-market/215506 http://crweworld.com/usa/ky/beechmont/localnews/press-releases/1397834/north-america-will-have-mammoth-share-in-the-market-over-the-predicted-years https://www.prfree.org/@millerpeet/silicone-structural-glazing-industry-poised-to-benefit-from-the-expansion-of-the-construction-sector-eqm36arjxkdy Cargo Shipping Market Research Report – Global Forecast till 2025
Global economic growth and globalization have made a case for the growth of the cargo shipping market. Market Research Future (MRFR) has published an in-depth report on the global cargo shipping industry that provides meaningful insights on the same, derived after a thorough analysis of the pertinent trends and factors impacting the market over the forecast period of 2017-2023. MRFR has projected a CAGR of 3.45% in the cargo shipping market over the forecast period. The rise in sea-borne trade, supported by the upswing in economic conditions, has helped the cargo shipping market gather momentum. Globalization has had a catalyzing effect on containerized trade, which along with structural shifts in developing economies such as China, India, and shifts in global value chain development patterns has also supported the growth of the cargo shipping market. Other factors bolstering the market growth of cargo shipping include the prolific growth of the e-commerce industry, heightened demand for consumer goods across the globe, and expansion of world fleet capacity. The cargo shipping market is currently being influenced by a number of emerging technologies. The introduction of remote predictive diagnostics and automated processes powered by big data analytics and artificial intelligence has enabled performance enhancement, cost reduction, and increase the uptime of vessels. In addition, increased connectivity of cargo ships with real-time monitoring has also been achieved. Deployment of technologies such as AI to satellite, AIS, and other geospatial data sources, algorithms in cargo shipping has helped to optimize vessel deployment, cargo optimization, repositioning, and to discover more trading opportunities. Thus, digitalization in the cargo shipping space is likely to be the roadmap for the expansion of the cargo shipping market. Segmentation The global cargo shipping market has been segmented based on cargo type and industry. By cargo type, the cargo shipping market has been segmented into container cargo, bulk cargo, and general cargo. By industry, the cargo shipping market has been segmented into food, oil & ores, manufacturing, and electrical & electronics. Regional Analysis Region-wise, the cargo shipping market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). APAC is the principal cargo shipping market. The region has transformed itself as a manufacturing hub, especially China, where companies such as Maersk, Hapag-Lloyd, and others have set up their manufacturing cases. The advantages of low operating cost and relatively cheap labor, which attracts various global players to the region, which has increased international trade considerably. Production of goods at an accelerated pace along with the presence of overseas trade route in countries such as India and China can support the market growth in APAC. Europe is the second largest cargo shipping market and driven by the demand for cargo shipping experienced from the automotive sector. Shipping of automotive parts through cargo shipping is economical as compared to other transportation mode and is highly preferred. North America is an important revenue pocket for cargo shipping market. High demand for consumer goods in the region has boosted international trade in the region, which reflects favorably on the cargo shipping market. Competitive Landscape The notable players in the global cargo shipping market include Panalpina World Transport (Holding) Ltd. (Switzerland), CMA-CGM SA (France), Mediterranean Shipping Company S.A. (Switzerland), Hapag-Lloyd AG (Germany), A.P. Moller-Maersk Group (Denmark), DHL Global Forwarding (Germany), China COSCO Holdings Company Limited (China), Deutsche Bahn AG (Germany), Panalpina Welttransport Holding AG (Switzerland) , and Nippon Express Co., Ltd. (Japan). Industry Updates June 2019 – Emirates Global Aluminium, the largest producer of ‘premium aluminium’ and one of the largest industrial companies, launched its first Capesize vessel which can be docked at any port within GCC. The use of these vessels can reduce the transportation cost to the domestic refinery. It has collaborated with Abu Dhabi Ports for accommodating these large vessels. June 2019 – General Dynamics NASSCO, an American shipbuilding company, launched first in a new class cargo ship. The cargo ships are intended to be used for the transportation of containers, automobiles, and other vehicles between the West Coast of the United States and Hawaii for the Matson shipping line. The cargo design is equipped with liquefied natural gas-capable main and auxiliary engines which complies with the latest emission requirements. Related News: https://www.feedsfloor.com/construction/forklift-trucks-market-can-be-worth-usd-4173-bn-2023-due-increase-productivity https://www.hashtap.com/@ashish.gujarathi/transforming-cranes-pushing-the-crane-market-boundaries-wider-zOkl1Zoe9w3m http://crweworld.com/usa/id/burley/localnews/news/1396110/economic-advances-can-propel-fiberglass-flooring-market https://user.younews.in/news/specialty-papers-industry-size-share-segmentation-top-leaders-and-regional-forecast-2023/ https://freepressreleasedb.com/pr/Mobile-Crane-Industry-Envisioned-to-Expand-by-2023-Due-to-Increasing-Focus-on-Infrastructural-Developments-PR133974/ https://freepressreleasedb.com/pr/Growing-Urbanization-in-Developing-APAC-Economies-to-Drive-Waterstop-Market-PR133977/ Water Treatment System Market Research Report – Global Forecast to 2023
The global water treatment system market is projected to touch USD 28, 072.6 million at 8.50% CAGR over the assessment period (2018-2023). Water treatment system is a process that enhances the water quality for making it more acceptable and safer for specific end-uses. These end-uses can include water recreation, river flow maintenance, irrigation, industrial water supply, drinking or various other uses. Technologies namely reverse osmosis, UV technology and activated carbon are helping these systems to function effectively. There are abundant factors that is propelling the growth of the water treatment system market. These factors as stated by the Market Research Future (MRFR) report include increasing water pollution levels, growing urban population, rising health awareness, and strict regulations laid down by the government for curbing water contamination. The additional factors that is boosting the market growth include increasing awareness of water-borne diseases, increasing per-capita disposable income especially in emerging economies and numerous campaigns organized by the World Health Organization (WHO) to create awareness amid people regarding waterborne diseases and health and safety. On the contrary, high price of water treatment systems, high price of maintenance and equipment and demand for packaged drinking water due to its portability and easy handling are factors that may impede the water treatment system market growth over the assessment period. Market Segmentation MRFR report provides an extensive segmental analysis of the water treatment system market on the basis of device, technology and end-use. Based on device, it is segmented into faucet-mounted filters, counter-top units and others. Of these, counter-top units will have the largest share in the market over the assessment period due to its capacity of alkalinizing drinking water, making it better and safer for health. Based on technology, the water treatment system market is segmented into reverse osmosis, distillation, filtration and others. Filtration is again segmented into bio sand filter, mechanical filters and activated carbon filters. Of these, reverse osmosis will dominate the market over the assessment period owing to its efficient capability of pathogen-elimination and cost-effectiveness. Based on end-use, it is segmented into non-residential and residential. Of these, the residential segment will lead the market over the assessment period owing to rapid urbanization and growing population around the world. Regional Analysis By region, the water treatment system market covers growth opportunities and latest trends across Middle East and Africa, North America, South America, Asia Pacific and Europe. Of these, the APAC region will hold supremacy in the market over the assessment period. Japan, China and India are the key contributors here. China had the largest share in the market owing to the presence of emerging local players and growing economy. Also, burgeoning demand for purified water especially from application industries, technological innovations and also rapid increase in urban population in Japan, China and India are also propelling market growth. The water treatment system market in Europe will have the second major share in the market. Germany is a key contributor here owing to higher economic performance and growing population. The factors that are prognosticated to drive the growth of the market in the UK include initiatives for preventing waterborne diseases, high living standards and increasing preference for purified water. The water treatment system market in North America will have a key contribution over the assessment period owing to growing population, scarcity of clean water, increased need for household products, presence of numerous key players, growing consumption of water for household and commercial purposes and increasing awareness about waterborne diseases. Key Players Leading players profiled in the water treatment system market include Whirlpool Corporation (US), Global Water Solutions Ltd. (Jersey), Tata Chemicals Ltd. (India), BWT Aktiengesellschaft (Austria), Eureka Forbes (India), COWAY CO., Ltd (South Korea), Culligan (US), Hindustan Unilever Limited (UK), Honeywell International Inc. (US), LG Electronics (South Korea), Panasonic Corporation (Japan), and Pentair Plc. (UK). April 2019- With an aim for offering accessibility of clean drinking water to a community, three engineering students of University of Rhode Island created a portable water treatment system for La Romana’s rural city in the Dominican Republic. The project is termed “H2gO: A Portable Water Treatment System”. Related News: https://www.techsite.io/p/1341865/t/rainscreen-cladding-market-to-grow-due-to-eco-friendly-building-trends-globally https://automotivemarketresearch.prnews.io/167822-Turning-Tools-Market-Share-Forecasts-Regional-Trends-Growth-drivers.html https://www.feedsfloor.com/construction/decorative-tile-market-size-trends-competitive-analysis-share-key-players-demand https://medium.com/@ashishgujrathi90/composite-slate-roofing-market-43f7f5911e06 https://ashishgujrathi.kinja.com/decorative-concretes-market-is-expected-to-grow-at-a-ca-1841149383 https://www.techsite.io/p/1342103/t/advancements-in-techniques-driving-the-ultra-high-performance-concrete-market-unleashes-the-forecast-for-2017-2023 https://automotivemarketresearch.prnews.io/167861-Hard-Surface-Flooring-Market-Trends-Analysis-scope-Size-Share.html The escalating construction activities have improved the demand for ancillary construction sectors such as Stone cladding systems. Market reports linked to the construction technology 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 Stone Cladding System market for cladding systems is anticipated to develop at a 6 % CAGR in the course of the forecast period.
The diversification in the forms and materials used in the production for cladding systems are increasing the product range of the cladding system market. The enhancements in the design and performance criteria of cladding systems are creating favorable growth traction for the market. Moreover, the need to have robust building envelopes is anticipated to boost the progress of the market in the coming years. Segmental Analysis The segmental analysis of the cladding system market is carried out on the basis of materials, components, application, and region. On the basis of materials, the cladding system market is segmented into metal, wood, vinyl, brick & stone and others. Based on components, the cladding system market is segmented into doors, window, roof light, wall, vent, and others. By application, the cladding system market is segmented into non-residential and residential. The regions included in the cladding system market are Asia Pacific, North America, Europe and the rest of the world. Detailed Regional Analysis The regional analysis of the cladding system market comprises of regions such as Asia Pacific, North America, Europe and the rest of the world. The North American region is dominating the cladding system market due to the willingness of firms in the region who are taking up capital intensive projects, along with the availability of the skilled laborers in the region. Moreover, the Asia Pacific region is anticipated to flourish at a substantial pace throughout the forecast period due to the speedy growth in the construction sector. Competitive Analysis The competitors are proactively addressing the challenges to growth and are crafting strategies that can have the best overall effect on the market’s progress. The competitive outlook for the market is expected to diversify significantly in the coming period. The developments in the market are expected to be fuelled by the rise in investments and product innovations. The market leaders are taking an interest in the creation of strong value chains that can yield increased profits. The opportunities for growth in the market have ample scope for development in the forecast period. The market challengers find themselves in a promising position with the capacity to handle the pace of change. The perceived tendency for the market’s growth has increased following the availability of positive factors in the market. The significant competitors functioning in the cladding system market are Nichiha Corporation, Etex Group, James Hardie Industries Plc., Boral Ltd, Cembrit Holding A/S, Axiall Corporation, Tata Steel Ltd, Alcoa Inc., CSR Ltd., and Compagnie de Saint Gobain SA. Industry Updates: Feb 2019 Fairview has announced the launch of Vitrashield, an assortment of completely tested EW (External Wall) Classified, AS5113 compliant cladding systems. Fairview’s newest façade solution has been introduced with three standard wall build-up systems that have received EW classification following extensive full-scale testing. Vitrashield’s unveiling denotes the company’s development from exclusively selling external cladding panels to providing a range of fully tested, EW Classified cladding systems. Feb 2019 Smith-Midland Corporation, which is a PCI Mid-Atlantic producer member, lately announced they were chosen to produce and install their SlenderWall envelope system for the new 800 Harbor Boulevard project at Lincoln Harbor in New Jersey, USA. SlenderWall is an easi-set global licensed product that is a unique composite cladding system. Related News: https://www.feedsfloor.com/construction/point-use-water-treatment-systems-market-size-trends-growth-outlook-and-forecast-2023 http://comunicati.net/comunicati/istituzioni/comuni/lazio/comune_di_roma/municipio_roma_xv/617289.html https://automotivemarketresearch.prnews.io/169111-Modular-Construction-Industry-Will-Reach-at-a-222-CAGR-by-2023.html https://www.feedsfloor.com/construction/shotcrete-concrete-market-reach-valuation-usd-91-bn-end-review-period https://www.techsite.io/p/1348931/t/residential-roofing-market-key-drivers-size-share-trends-growth-and-future-scope-analysis-by-2023 https://user.younews.in/news/asia-pacific-region-expected-to-spearhead-the-global-manhole-covers-industry-/ https://www.agreatertown.com/united_states_minor_outlying_islands_un/gypsum_board_market_size_share_segmentation_top_leaders_and_regional_forecast_2023_0007402320 https://www.prfree.org/@millerpeet/stone-paper-market-outlook-strategies-industry-growth-analysis-future-scope-key-drivers-till-2023-p7keawj5akwx https://www.feedsfloor.com/construction/barrier-systems-market-witness-robust-expansion-2021 Building Panels Market Research Report – Global Forecast to 2022
Market Research Future has published its report on global building panels market, which stated that the Building Panels Market Size 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. Related News: http://crweworld.com/usa/id/basalt/localnews/press-releases/1394344/apac-deemed-to-dominate-global-recess-lighting-market http://crweworld.com/usa/fm/pohnpei/localnews/press-releases/1394347/burgeoning-real-estate-industry-to-push-the-global-manhole-covers-industry- https://automotivemarketresearch.prnews.io/169059-Gypsum-Board-Market-Size-Latest-Innovations-Analysis-Top-Leaders-.html https://www.agreatertown.com/united_states_minor_outlying_islands_un/eco_friendly_nature_to_enhance_the_demand_of_stone_paper_market_0007402325 http://comunicati.net/comunicati/istituzioni/comuni/umbria/617275.html https://freepressreleasedb.com/pr/Precast-Concrete-Industry-To-Reach-The-Valuation-Of-USD-1036661-Mn-By-The-End-Of-The-Review-Period-PR133869/ http://crweworld.com/usa/in/atlanta/localnews/press-releases/1394387/construction-aggregate-industry-size-share-segmentation-top-leaders-and-regional-forecast-2024 https://automotivemarketresearch.prnews.io/169090-Elevators-Market-Size-Trends-Growth-Outlook-and-Forecast-to-2023.html The global truck rental industry is predicted to have a healthy growth at 15.3% CAGR over the predicted years (2019-2024). Truck rental includes hiring of light or heavy commercial vehicles. Renting trucks will help in curbing vehicular pollution via reducing the owned vehicles’ volumetric sales and also on road vehicles. Renting a truck is an immensely cost-effective and efficient solution compared to loan and purchasing a truck as it gives the owner the choice of mobility devoid of having to pay the price related to vehicle ownership.
There are ample factors that is boosting the growth of the truck rental market. These factors as stated by the Market Research Future (MRFR) report include increasing need for optimization of operational risks, highly cost-effective, burgeoning need for trucks from the construction industries, industrial and logistics, rapid population growth, and no financial liability of servicing, vehicle replacement and maintenance. On the contrary, scarcity of service truck rental providers both in underdeveloped and developing regions may hinder the growth of the truck rental market over the predicted years. Market Segmentation MRFR report offers a wide segmental analysis of the truck rental market on the basis of truck type and lease type. Based on truck type, the truck rental market is segmented into light commercial vehicle and heavy commercial vehicle. Of these, the heavy commercial truck segment will have the largest share in the market and at an astounding CAGR over the predicted years. The intercontinental trucking and cross-border trucking industry is predicted to boost the growth of this segment. Based on lease type, the truck rental market is segmented into full-service lease and finance lease. Of these, full-service lease will dominate the market and is predicted to grow at the fastest CAGR over the predicted years. This is owing to its growing demand as it helps in managing the operating costs of trucks including roadside assistance, licensing, taxes, repairs and maintenance. Full-service lease helps in minimizing the administrative costs related to operating a truck thereby enabling truck operators in focusing on their business more. Regional Analysis By region, the truck rental market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Of these, North America will have lion’s share in the truck rental market over the predicted years. This is owing to the presence of leading rental truck provider companies in the region namely Avis Budget Group Inc., Ryder System Inc., Penske Truck Leasing Co., PACCAR Leasing Company and AMERCO. This coupled with the growing awareness and concern to reduce emissions has led to an increase in the truck rental services as they significantly cut down the total number of trucks on the road. Key Players Key players profiled in the truck rental market include Europcar (UK), Almano (US), United Rentals, Inc. (US), Sixt SE (Germany), Ryder System, Inc. (US), Penske Truck Leasing Co., L.P. (US), PACCAR Leasing Company (US), AMERCO (US), MAX Rental.lu AG (Luxembourg), Budget Car Rental (US), Avis Budget Group Inc. (US), Advantage Rent-a-car (US) and others. April 2019- Penske Truck Leasing is relocating their Dubuque, lowa facility. For accommodating the growing customer base, the company has built its new state-of-the-art facility which offers commercial as well as consumer truck rentals, full-service truck leasing, connected fleet solutions, and contract truck fleet maintenance, a value-added resource for helping customers in addressing options and issues related to onboard technology systems (onboard cameras, telematics, ELDs and others). March 2019- Enterprise Holdings that handles the world’s most diverse and largest privately-owned fleet has launched its first ever vehicle subscription service called “Subscribe with Enterprise” in three states: Nevada, Missouri and Minnesota. Under this program, a single monthly fee will allow customers in selecting from an array of vehicle classes including light duty trucks, mid-sized and small SUVs and premium and full-size sedans, representing over twenty makes and models. Moreover, subscribers have the flexibility of swapping their cars up to 4 times a month. Read More: http://www.articleweb55.com/details/Engineering-Service-Provider-Market-is-expected-to-witness-12-CAGR-during-the-period-2018-to-202/214207 https://www.hashtap.com/@ashish.gujarathi/apac-to-lead-automotive-wiper-system-market-Bd3geVW8dg0v http://crweworld.com/usa/hi/honokaa/localnews/press-releases/1392982/brake-fluid-market-2020-trends-share-industry-size-growth-opportunities-and-industry-forecast-to-2023 https://www.feedsfloor.com/cars/asia-pacific-dominate-automotive-over-air-updates-market-due-growing-electric-vehicle https://user.younews.in/news/intelligent-system-market-is-anticipated-to-register-a-cagr-of-7-during-the-forecast-period-/ https://www.articletrunk.com/blockchain-market-is-expected-to-witness-21-cagr-during-the-period-2018-to-2025/ Automotive Insurance Market Research Report- Global Forecast till 2024
Surging incidence rate of vehicle theft and road accidents have significantly driven the automotive insurance market. Market Research Future (MRFR)’s latest report on the global automotive insurance market has identified the megatrends as well as micro-economic factors affecting the growth of the market. MRFR has projected a CAGR of 4.4% in the automotive insurance market over the forecast period of 2019-2024. Strengthening of multiple economies has led to more and more cars hitting the road. Increase in vehicle ownership has directly impacted the automotive insurance market. Elevation in the level of awareness among consumers regarding minimization of legal and financial risks associated with car theft or accidents has led to the increased adoption of insurance among vehicle owners. Both the automotive as well as the insurance sector, in general, are subject to strict monitoring. Multiple governments mandate insuring vehicles in the event of new car purchase. Besides, various attractive offered provided by insurance companies also lure consumers, which are expected to push the automotive insurance market further. The availability of telematics devices and ubiquity of smartphones has prompted automotive insurers to experiment with usage-based insurance. The emergence of various automotive insurance applications has provided fuel for the growth of the automotive insurance market. Such applications help in actual tracking of driving and offer discounts and rewards for safe driving. Such initiatives also help to encourage consumers for safe driving. Discounts and offers act as incentives for users to keep such apps running. Automotive OEMs venturing into the insurance space, generally known as OEM captive finance, is likely to push the automotive insurance market further. Sustained growth in mature markets along with a greater share of emerging markets is expected to fare well for the growth of the market. Growth in emerging markets is primarily driven by the continued expansion of the Chinese insurance market. Regulatory changes along with a rebound in LatAm, Central, and Eastern Europe and Africa. Furthermore, improvement in interest policies is expected to reflect positively on the automotive insurance market. On the contrary, the proliferation of autonomous cars is anticipated to deter the growth of the automotive car insurance market. Autonomous cars reduce accident rates and shift liability from drivers to manufacturers, which is a major impediment to the market growth. Additionally, motor fellets, car-sharing, and driverless taxis are also anticipated to result in reduced car ownership which will ultimately constrain the growth of the automotive insurance market. Segmentation The global automotive insurance market has been segmented based on vehicle type, insurance type. By vehicle type, the automotive insurance market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). By insurance type, the automotive insurance market has been segmented into third-party, comprehensive, third-party theft and fire, and others. Regional Analysis By region, the automotive vehicle insurance market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). The APAC automotive insurance market accounts for the maximum share of the global automotive insurance market. Economic upturn along with increasing purchasing power in the region has driven the sales of the vehicle significantly which translates into accelerated growth within the automotive insurance market. Additionally, the presence of several automotive insurance providers has created a conducive environment for the growth of the market. Economy recovery in Europe has created favorable grounds for the growth of the automotive insurance market. Heightened sales of light commercial vehicles are anticipated to boost the growth of the North America automotive insurance market. Competitive Landscape Clements Worldwide (US), Zhongan Insurance (China), CPIC (China), RAC Motoring Services (UK), ABIC Inc. (China), Progressive Casualty Insurance Company (US), Zurich Insurance Group (Switzerland), RSA Insurance Group plc (UK), Allstate Insurance Company (US), NFU Mutual (UK), State Farm Mutual Automobile Insurance Company (US), and GEICO (US) are the key players in the automotive insurance market. Industry Updates April 2019 – Tesla, Inc., a premium automotive and energy company, announced that it is foraying into the insurance business. The company announced that it would start offering insurance to vehicle owners based on internal data extracted from the Autopilot driver-assist system. Read More: https://user.younews.in/news/parking-sensors-market-size-latest-innovations-analysis-top-leaders-and-forecast-2023/ https://automotivemarketresearch.prnews.io/168821-compressed-air-car-market-Trends-Growth-Outlook-and-Forecast-to-2023.html https://user.younews.in/news/sun-visor-market-size-latest-innovations-analysis-top-leaders-and-forecast-2023/ https://www.agreatertown.com/united_states_minor_outlying_islands_un/asia_pacific_set_to_dictate_growth_pattern_of_automotive_engineering_service_provider_market_0007398642 https://www.supplychainquarterly.com/industry_pressroom/releases/20200127-automotive-wiper-system-market-to-register-incredible-growth-due-to-technological-advancements/ http://www.articleweb55.com/details/Growing-Demand-for-Connected-Autonomous-Cars-to-Drive-Demand-from-Automotive-Over-the-Air-Updates-M/214248 http://crweworld.com/usa/il/alsey/localnews/press-releases/1393010/passenger-safety-to-trigger-the-demand-from-automotive-intelligent-lighting-system-market https://www.prfree.org/@millerpeet/asia-pacific-to-dominate-global-used-vehicle-market-north-america-to-follow-63mbxed8jmb7 https://www.sharewise.com/us/news_articles/Homogeneous_Charge_Compression_Ignition_Market_Trends_Analysis_Future_scope_Size_Share_Forecast__joneP_20200127_1210 Drive Shaft Market Research Report – Global Forecast to 2024
Global automotive drive 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. Related News: https://www.agreatertown.com/united_states_minor_outlying_islands_un/blockchain_market_to_register_an_admirable_growth_0007398774 http://comunicati.net/comunicati/istituzioni/camere_di_commercio/617110.html https://www.supplychainquarterly.com/industry_pressroom/releases/20200127-used-vehicle-market-driven-by-growing-demand-for-suvs-in-asia-pacific/ http://www.24article.com/homogeneous-charge-compression-ignition-market-driven-by-growing-demand-for-higher-fuel-efficiency.html http://comunicati.net/comunicati/istituzioni/comuni/piemonte/617115.html https://www.articletrunk.com/north-america-to-have-precedence-in-brake-linings-market/ https://www.hashtap.com/@ashish.gujarathi/automakers-investing-in-electric-format-lcvs-to-uplift-the-growth-of-commercial-vehicles-market-qQbMyoVj5MZK https://www.articletrunk.com/emergence-of-latest-technologies-for-advanced-user-interfaces-encouraging-digital-cockpit-market/ Electric Vehicle Connector Market to Get Charged by Increasing Demand for Electric Vehicles1/24/2020 In electric vehicles, powers get transferred to the car via electric vehicle connector. There are different shapes available in the market to comply with the systems of North America, Europe, and China. The global electric vehicle connector industry is expected to take a lead by 20% CAGR during the forecast period (2018-2023). Market Research Future (MRFR), in their recent report claims high integration of the system could help the market speed past the expected valuation with substantial ease.
Factors such as eco-friendly measures, government initiatives, growing trend to buy electric vehicles, better infrastructure, interests shown by manufacturers, and others are expected to provide tailwind to the market. However, the lack in standardization and high cost can deter the expected growth rate of the electric vehicle connector market. But growing disposable income can take out the market from any long-time sluggishness. Segmentation: The global electric vehicle connector market, as studied by MRFR in their latest report on the same market, has been segmented by application, connector type, charging type, vehicle type, power supply range, current supply, charging station, component, charging speed, and region. Based on the connector type, the electric vehicle connector market comprises type1, type2, type3, and others. Based on the power supply range, the electric vehicle connector market is segmented into level1 (1.4 kW–1.9 kW), level2 (AC 240 V Up to 19.2 kW), level 3 (DC 200 V–600 V Up to 240 kW), and level 4 (>DC 600 V, Above 240 kW). Based on the current supply charging, the electric vehicle connector market includes AC charging and DC charging. Based on the charging station, the electric vehicle connector market includes wall mounted and floor mounted. Based on the charging speed, the electric vehicle connector market comprises slow, fast and rapid charger. The fast charger segment is witnessing high traction. Based on the component, the electric vehicle connector market consists leads, adaptor, pins, wallbox, and others. Based on the vehicle type, the electric vehicle connector market encompasses battery EV, plug-in EV, and hybrid EV. The hybrid EV segment is gaining much traction during the forecast period. Based on the application, the electric vehicle connector market has been segmented into residential and commercial. Regional Analysis: Based on a region-specific analysis, the global electric vehicle connector market includes four major regions namely North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW). The Asia-Pacific has the lion’s share in the market and during the forecast period, the region is expected to maintain its dominance. This would be possible due to the presence of countries like China and Japan. China is trying to reduce the pollution level by implementing new rules and integrating electric vehicles into the system. The entire region is witnessing a hike in the demand for electric vehicle connector market. It is expected to gain traction from other factors as well such as increasing population, urbanization, and attempts to reduce the vehicle emissions. Europe and North America are expected to bolster this growth as these two regions are taking carbon emission quite seriously and making elaborate plans to shift towards electric vehicles. Competitive Landscape: Several companies like Yazaki (Japan), Schneider Electric (France), Tesla (US), Bosch (Germany), ABB (China), Siemens AG (Germany), Fujikura (Japan), Amphenol (US), Huber+Suhner (Switzerland), and Sumitomo (Japan) are showing great interest in this global electric vehicle connector market. These companies have realized that the automotive future is in the hands of electric vehicles. MRFR, while discussing the global electric vehicle connector market, profiled these companies for a better understanding of the trends that could significantly contribute to various changes in the coming years. In May 2019, Efacec launched the new fast charger for electric vehicles, QC45 generation 2. The charger is more futuristic but easy to maintain and provides faster charge to all electric vehicles. It is also compatible with all the brands. It provides 0 to 80% charge in 30 minutes only and runs on AC power of 22kVA. Related News: https://user.younews.in/news/government-fuel-efficiency-regulations-push-the-global-active-spoiler-market-/ https://www.agreatertown.com/united_states_minor_outlying_islands_un/electronic_brake_system_market_is_experiencing_an_upturn_and_is_expected_to_register_a_cagr_of_54_over_the_forecast_period_0007380050 https://www.feedsfloor.com/marketing/government-policies-ensure-better-proliferation-retread-tires-market https://automotivetrendsposts.tumblr.com/post/190437461499/environmental-regulations-to-ensure-high-growth https://www.techsite.io/p/1345099/t/flywheel-market-expected-to-expand-moderately-through-the-forecast-period-2018-to-2023 |