Automotive Research Reports |
According to a report issued by Market Research Future (MRFR), the global automotive leaf spring market is poised to acquire a significant market valuation at a moderate CAGR over the forecast period.
Drivers and Restraints The increase in demand for light commercial vehicles and the need for vehicle comfort and safety are the primary drivers of the global automotive leaf spring market during the forecast period. Moreover, the rise in the adoption of lightweight components to decrease vehicle weight is projected to increase the need for composite automotive leaf springs over the review period. On the other hand, automotive leaf springs are primarily traded from the low-cost manufacturing hubs such as Mexico and China to the higher consumption zones such as the US and Germany. therefore, the uncertainty and change in the trade policies are expected to hinder the demand for automotive leaf spring in the emerging economies in the global market during the forecast period. Segmental Analysis The global market for cloud video streaming is segmented, by Type into Parabolic, Elliptic, Semi-Elliptic, and Others. by Material, the global cloud video streaming market is bifurcated into Metal and Composite. by Sales Channel, the global cloud video streaming market is bifurcated into OEM and Aftermarket. by Vehicle Type, the global cloud video streaming market is bifurcated into Passenger Car and Commercial Vehicle. Regional Analysis The geographical analysis of the global automotive leaf spring market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and the rest of the world (including Latin America and the Middle East and Africa.) Asia-Pacific is expected to hold the maximum market share in terms of value and volume during the assessment period due to the presence of China, India, Japan, and South Korea. China has the maximum production and consumption of commercial vehicles. This improved the demand for automotive leaf springs and other components in China and other neighboring nations. Asia-Pacific has the top manufacturing and export of automotive leaf spring systems. North America is poised to hold the second-largest market share of the global automotive leaf spring market regarding the value and volume owing to the demand and sales of commercial vehicles. The fast growth of the e-commerce industry in the US and Canada is projected to improve the market for light commercial vehicles to guarantee the timely delivery of the products across the region. This is poised to lead the need for automotive leaf springs in the OEM and aftermarket during the review period. Europe’s automotive leaf spring market is expected to observe growth due to the presence of various developed nations and their patterns of deploying composite automotive leaf springs. Furthermore, the stringent government regulations to meet the safety and comfort standards are projected to raise the sales and demand of automotive leaf springs concerning the value and volume during the forecast period. Competitive Analysis The market players operating in the market for automotive leaf spring systems, as identified by MRFR in the global market are Sogefi SpA (Italy), LITEFLEX (US), Rassini (Mexico), IFC Composite GmbH (Germany), Hendrickson USA, L.L.C. (US), Jamna Auto Industries (India), Emco Industries(India), Benteler-SGL (Austria), and NHK Springs Co. Ltd (Japan), OlgunCelik San. Tic. A.S. (Turkey), among others. The global market for automotive leaf spring systems has a highly competitive scenario. The leading market players are expected to contribute significantly towards the automotive leaf spring market growth over the review period. The market is also expected to witness the rise of numerous entrants in the foreseeable future. Increasing research and development activities towards advanced technology integration along with strategic business tactics such as product development, mergers, acquisitions, partnerships, and joint ventures, to sustain the competitive dynamics. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis
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Market Research Future (MRFR) has recently published an exhaustive study on the global automotive keyless entry systems market. After a thorough analysis of the key trends and patterns affecting the market growth, MRFR has indicated a CAGR of 6.8% over the forecast period of 2019-2025.
Remote keyless entry (RKE) and passive keyless entry (PKE) system have become quite a rage in automobiles, especially in luxury cars. They facilitate access to a vehicle within a certain range without a key. Their functioning is based on the transfer of radio frequency signal exchange which provides advanced safety features. Vehicle theft activities have been a long-standing problem and have reached an almost epidemic stage. Car theft is followed by huge economic loss, insurance, and deductibles, and potential waiting periods for insurance settlements. Thus, there has been an increased affinity and consumer acceptance towards automotive advanced safety systems such as automotive keyless entry systems. Automotive keyless entry systems provide a high level of security to the vehicle. Additionally, they also assist in tire pressure monitoring, light control, opening the tailgate, multimedia file storage, front and rear seat setting, and others. The growing popularity of such sophisticated features is driving the demand for keyless entry systems. Besides, rising awareness regarding technologically advanced vehicular safety systems is also a key factor, especially in developing nations. High demand for connected, autonomous, and semi-autonomous cars also provides ample opportunities for the growth of the market. Technologically the automotive keyless entry system space has witnessed rapid advancements in the past few years. While few automakers have launched smartphone applications to make vehicles keyless, recently Tesla launched a car with no fob at all. Segmentation The global automotive keyless entry systems market has been segmented based on vehicle type, sales channel, product type. By vehicle type, the global automotive keyless entry systems market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). By sales channel, the automotive keyless entry systems market has been segmented into OEM and aftermarket. By product type, the automotive keyless entry systems market has been segmented into PKE and RKE. Regional Analysis By region, the automotive keyless entry systems market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe. North America is accountable for the maximum share of the global market. High sales of luxury cars and increased adoption rate of vehicle security system across the region is favoring the growth of the market. The APAC automotive keyless entry systems market is anticipated to register the highest CAGR over the forecast period. The region is a major producer as well as co0nsumer of new vehicles. The presence of various automotive OEMs who are increasingly incorporating keyless entry systems in vehicles have generated high demand within the market. The region is marked with the presence of automotive service and solution providers such as Denso Corporation, Calsonic Kansei Corporation, and Hyundai Mobis who contribute to the market growth significantly. Moreover, heightened demand for automotive safety systems in fast-developing countries such as China, Japan, and India are supporting market growth. In Europe, the concentration of various automotive OEMs in the region along with large scale automotive manufacturing generates demand within the automotive keyless entry systems market. Competitive Landscape Denso Corporation (Japan), Continental Automotive GmbH (Germany), Hyundai Mobis (South Korea), Atmel Corporation (US), HELLA KGAA Hueck & Co. (Germany), Robert Bosch GmbH (Germany), ARCO Lock & Security ENTERN LLC (US), Delphi Automotive (Ireland), Calsonic Kansei Corporation (Japan), and TRW Automotive Holdings Corporation (US) are the notable players in the automotive keyless entry systems market. Industry Updates May 2019 – Lincoln, Ford’s luxury car division, is set to launch its midsize 2020 Aviator and compact 2020 Corsair variants in 2019 which come with a unique feature. The variants would be launched with a standard fob, however, customers can choose to use its app-based ‘Phone as a Key’ feature by paying extra. It is powered by Bluetooth Low Energy (BLE) connection. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis The global automotive intelligent lighting system market is expected to exhibit a CAGR of 7% over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global automotive intelligent lighting system market is mainly driven by the growing technological advancement in the field of intelligent lighting, sensors, and the Internet of Things, which is likely to drive further product development in the automotive intelligent lighting system market over the forecast period.
Automotive intelligent lighting systems refer to electronic systems that monitor the ambient environment in terms of lighting and operate the lighting system accordingly. This includes automatically turning on the headlight when it gets dark, operating the internal lighting to the maximum convenience of the driver, etc. The growing demand for driver comfort in modern automobiles has driven the demand for automotive intelligent lighting systems in the last few years. Automotive intelligent lighting systems are also a key step in enhancing driver safety, as the scenario of the driver forgetting the turn on the light is avoided. This is likely to be a key driver for the global automotive intelligent lighting systems market over the forecast period, as driver safety is likely to be a key agenda for a number of governments around the world over the forecast period. On the other hand, the high costs of automotive intelligent lighting systems have held back their widespread adoption over the world, as consumers with low disposable income cannot afford cars housing such technical equipment. This could restrict the growth prospects of the global automotive intelligent lighting system market considerably over the forecast period, in spite of the growing prospects of the market in developed regions such as North America and Europe. Competitive Analysis: Leading players in the global automotive intelligent lighting system market include Stanley Electric Co. Ltd., Ichikoh Industries Ltd., Hyundai Mobis, Grupo Antolin, Koito Manufacturing Co. Ltd., Teknoware Oy, ELBA SA, Osram Continental GmbH, Magneti Marelli SpA, and Hella KGaA Hueck & Co. Osram Continental GmbH was formed in October 2018 by Osram and Continental GmbH forming a joint venture specifically targeting advancements in automotive intelligent lighting systems. The two companies hold 50% shares each and plan to merge their automotive expertise to develop sustainable and efficient automotive intelligent lighting systems. Segmentation: The global automotive intelligent lighting system market is segmented on the basis of technology, type of light, vehicle type, end use, and region. On the basis of technology, the global automotive intelligent lighting system market is segmented into xenon, LED, and halogens. On the basis of type of light, the automotive intelligent lighting system market is segmented into intelligent ambient lighting and adaptive headlights. On the basis of vehicle type, the global automotive intelligent lighting system market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. On the basis of end use, the global automotive intelligent lighting system market is segmented into OEM and aftermarket. Regional Analysis: Asia Pacific is expected to dominate the global automotive intelligent lighting system market over the forecast period due to the rapid growth of the automotive industry in the region. Countries such as China, Japan, South Korea, and India have emerged as major producers as well as major technical innovators in automotive tech in recent years, lending strong growth prospects to the automotive intelligent lighting system market in the region. Countries with a rapidly emerging automotive industry, such as India, Taiwan, and Indonesia, are likely to be the regional leaders in the automotive intelligent lighting system market in Asia Pacific over the forecast period. Europe is also likely to play a leading role in the global automotive intelligent lighting system market over the forecast period due to the presence of several leading automotive technology innovators in the region, which is likely to lead to steady development of product advancements in the field of automotive intelligent lighting. North America is also a leading innovator in the automotive industry and is likely to retain a sizeable share in the global automotive intelligent lighting system market over the forecast period. The market doesn’t stand to make much progress in Latin America, the Middle East, and Africa at present due to the low disposable income of consumers in these regions. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis Automotive Intelligence Park Assist System (IPAS) is used to provide physical containment for various power components of a vehicle which assists in safe parking of a car. Also known as Advance Parking Guidance System (APGS) in some countries, these systems consist of onboard computer used camera fixed into the front and rear sides of the car and sensors, which help in measuring the proximity of nearby vehicles. Electromagnetic or ultrasonic sensors present in these systems help to alert the driver in case of obstruction in parking. Market Research Future (MRFR’s) latest in-depth report on the global automotive intelligence park assist system provides meaningful insights on the market, which has been compiled after a thorough analysis of the pertinent factors impacting the market. MRFR’s analysis predicts the market to capture a moderate CAGR in the coming years.The use of intelligence park assist systems has increased considerably in recent years, owing to the high level of awareness about the benefits associated with them. They offer the advantages of enhanced performance, safety, and driving. The most protruding feature of these systems is that they allow parallel or reverse parking. More intelligence park assist systems hinder the vehicle from exceeding the set speed during parking.
Surging demand for autonomous and electric vehicles along with growing concern over driver and vehicle safety has increased the adoption of these systems among end users. The safety of pedestrians has also assumed significance in recent years. The government in various countries encourage the use of automotive intelligence park assist systems to reduce the incidents of road accidents which has driven the market majorly. Growing sales of high-end cars, where intelligence park assist systems are standard features, has helped the market garner higher revenue. additionally, automotive OEMs are increasingly providing these systems in mid-range and low-range cars to ensure safety. Furthermore, advancement in technology has also fostered the growth of the market. Other factors driving the market growth include an increase in traffic flow, the rising trend of vehicle electrification, and increasing uses of wide-angle camera technology in vehicles. Segmentation The automotive intelligence park assist system market has been segmented based on technology, vehicle type, and component. By technology, the automotive intelligence park assist market has been segmented into autonomous and semi-autonomous parking assist. By vehicle type, the automotive intelligence park assist market has been segmented into passenger car and commercial vehicle. By component, the automotive intelligence park assist market has been segmented into ultrasonic sensor, camera, and Ultrasonic Sensor & Camera. Regional Analysis By region, the automotive intelligence park assist system market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). APAC is leading the automotive intelligence park assist market. lack of parking space in the densely populated areas of the region is a common phenomenon which necessitates vehicles to be equipped with park assist systems. Moreover, augmenting demand for safety features in vehicles, combined with the heightened sale of electric vehicles, where park assists systems are generally standard has driven the market considerably. Furthermore, the automotive sector in the region has attracted significant investments from both the public and private sector for the development of automotive technology, which acts as a plus for the growth of the market. The existence of major automotive manufacturers such as Siemens AG (Germany), Valeo (France), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany) in Europe generates substantial demand for automotive intelligence park assist systems. Regulations governing pedestrian safety have also influenced the growth of the market. North America market is spurred by the sales of luxury cars in the region. High-end cars are pre-installed with automotive intelligence park assist systems as standard features. Competitive Landscape Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), Magna International (Canada), Continental AG (Germany), Delphi Automotive (Germany), Siemens AG (Germany), Valeo (France), ZF Friedrichshafen AG (Germany), and HELLA GmbH & Co. KGaA (Germany) is the eminent players in the automotive intelligence park assist system market. Industry Updates April 2019 – Tesla announced rollout of a more robust version of its “eventual” automated parking feature known as Enhanced Summon. Enhanced Summon is a parking assist feature which would assist vehicles in navigating a parking lot autonomously and finding its driver under certain specified conditions. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis Automotive intelligence battery sensors (IBS) are used in determining the correct state of voltage, current and temperature of the battery, that too, reliably and precisely. It also measures the state of the battery. The global automotive intelligence battery sensors market is expected to register a 11% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their recent article on the automotive intelligence battery sensors market have raised their concerns regarding factors that can impact the coming years.
The automotive intelligence battery sensors market is gaining momentum owing to factors like increased sales in premium cars, automotive markets expansion in the developing countries, and surge in demand for electric vehicles and hybrid ones. This sensor plays an integral part in curbing the carbon dioxide emission by timely stating the exact condition of batteries. But its high price makes it difficult for the low-priced cars to get hold of it. This can dampen its market prospect in the coming years. However, government regulations regarding emission is expected to steer back the automotive intelligence battery sensors market on the track in no time. Segmentation: MRFR, to analyze the global automotive intelligence battery sensor market in a detailed manner, segmented it by technology, voltage, vehicle type, and electric vehicle. This segmentation provides a much closer look at market dynamics. Based on the technology, the automotive intelligence battery sensor market can be segmented into motor controller unit (MCU), controller area network (CAN), and local interconnect network (LIN). Based on the voltage, the automotive intelligence battery sensor market includes 12 volt, 14 volt, 24 volt, and 48 volt. Based on the vehicle type, the automotive intelligence battery sensor market comprises passenger car and commercial vehicles. The passenger car segment is gaining substantial ground owing to the hike in disposable income of the populace. Based on the electric vehicle, the automotive intelligence battery sensor market consists battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle. The hybrid electric vehicle model is gaining momentum owing to the rise in the demand for eco-friendly cars. Regional Analysis: Geographically, the global automotive intelligence battery sensor market is segmented in the MRFR report into four important regions namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The APAC region is in a dominating position and during the forecast period it is going to retain its rank. Europe is expected to follow the APAC in terms of revenue generation. The APAC market is witnessing exponential growth in the automotive industry owing to the growth in the number of factories as many of the market titans are trying to gain mileage from the available cost-effective labor in the zone. It is mostly happening in India, China, and Japan. Europe has a robust automotive industry, and high investment capacity of locals are allowing increase in sale of premium cars. These two factors, together, are the primary reasons leading the regional market. At the same time, the region has high demand for hybrid electric and plug-in hybrid electric vehicle. These types of cars also exhibit a strong demand for automotive intelligence battery sensors for better performance. Competitive Landscape: Major players impacting the global automotive intelligence battery sensor market are HELLA GmbH and Co. KGaA (Germany), Continental AG (Germany), Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), Inomatic GmbH (Germany) Furukawa electric co., ltd. (Japan), ams AG (Austria), DENSO CORPORATION (Japan), Vishay Intertechnology Inc. (U.S.), MTA S.p.A. (Italy, and others. These companies are influencing the global market by employing strategic decisions that are expected to take respective companies forward. However, these moves are also putting a mark on the market as a whole. In 2018, Mercedes launched Tourismo that is using this latest technology to identify the exact state of the automotive battery. This is to ensure consumer management and maximize battery charge usage. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis The global automotive insurance market, according to the recent report published by Market Research Future (MRFR), is touted to attain a substantial market valuation at a moderate CAGR over the review period.
Drivers and Restraints Several influential factors are driving the growth of the global automotive insurance market, such as the increasing awareness among end-use industry verticals, the advent of advanced technologies and products, and the availability of third-party insurance suppliers in emerging economies such as Brazil, India, Indonesia, Vietnam, and China to offer substantial traction for the automotive insurance market over the review period. Moreover, automotive insurance companies are likely to work with software providers to deliver big data-based solutions to fulfill the end user’s concerns and available market demand during a car-related transaction in the near future. Additionally, digital technologies and mobile internet are expected to transform the vehicle industry, consequently driving the automotive insurance market. The automotive sector is indisputably undergoing significant changes that are likely to contribute towards an increase in asset utilization, change vehicle ownership models, and enhance vehicle safety, which will eventually impact the global automotive insurance market. Furthermore, the advent of autonomous technology has made cars increasingly safer, which is expected to reduce vehicle accidents by a notable amount over the forecast period. On the other hand, an increase in on-demand transportation and the shift of liability to market players are some of the impactful factors that are slated to hamper the growth of global automotive insurance over the assessment period. Segmental Analysis The global market for automotive insurance is bifurcated on the basis of vehicle type and insurance type. On the basis of vehicle type, the global market for automotive insurance has been segmented into light commercial vehicles (LCV), passenger cars, and heavy commercial vehicle (HCV). On the basis of the insurance type, the global automotive insurance market has been segmented into comprehensive, third-party, third theft and fire, and others Regional Analysis On the basis of the region, the global market for automotive insurance is studied in Europe, North America, Asia-Pacific, and the rest of the world. Asia-Pacific is one of the major markets for automotive insurance and is projected to account for the largest market share in the global automotive insurance market due to the flourishing automotive industry in the region, significant vehicle sales, and the augmented consumer awareness to evade financial inconvenience during repairs and theft. The Europe automotive insurance market, on the other hand, is expected to expand progressively over the review period due to economic recovery in the past few years, with a focus on compulsory motor third-party liability insurance. North America is also assessed as one of the significant markets for automotive insurance and is estimated to register substantial growth in the global automotive insurance market due to the remarkable sales of light commercial vehicles over the review period. Competitive Analysis The major market players involved in the global automotive insurance market as identified by MRFR are RAC Motoring Services (UK), Allstate Insurance Company (US), Progressive Casualty Insurance Company (US), GEICO (US), Clements Worldwide (US), NFU Mutual (UK), ABIC Inc. (China), Zhongan Insurance (China), CPIC (China), RSA Insurance Group plc (UK), State Farm Mutual Automobile Insurance Company (US), and Zurich Insurance Group (Switzerland). The market players operating in the global insurance market are expected to increase the investments towards research and development activities and expand the competitive dynamics of the global automotive insurance market with business strategies such as mergers, acquisitions, joint ventures, and partnerships, among others. These are expected to create growth opportunities in the market over the review period. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis Global Automotive Ignition Coil Aftermarket is anticipated to reach a valuation of USD 5,973.3 Mn at a CAGR of 4.93% in terms of volume and 5.50% in terms of value over the forecast period of 2019-2025, according to latest depth analysis report on global automotive ignition coil aftermarket by product, vehicle type and region analysis with forecast till 2025, published by Market Research Future.
According to the latest report Global Automotive Ignition Coil Aftermarket Research Report: Information by Product (Pencil Ignition Coil, Electronic Distributor Coil, Double Spark Coil, Can-Type Ignition Coil, Ignition Coil Rail), by Vehicle Type (PC, LCV, HCV) and Region With Forecast till 2025, published by Market Research Future Automotive Ignition Coil Aftermarket is anticipated to reach a valuation of USD 5,973.3 Mn at a CAGR of 4.93% during forecast period of 2019 to 2025. Automotive Ignition Coil Aftermarket Competitive Landscape Beru (Germany), Wells Vehicle Electronics (US), Standard Motor Products, Inc. (US), Robert Bosch GmbH (Germany), Delphi Technologies (UK), Hitachi Automotive Systems, Ltd (Japan), Valeo (France), NGK SPARK PLUG CO., LTD (Japan), Spectra Premium (Canada), BorgWarner Inc. (US), ACDelco (US), and Denso Corporation (Japan) are some of the prominent players in the automotive ignition coil aftermarket. Get Free Sample “Automotive Ignition Coil Aftermarket Research Report-Global Forecast till 2025” At: https://www.marketresearchfuture.com/sample_request/7712 Automotive Ignition Coil Aftermarket Overview: Ignition coil failure caused due to prolonged usage, is among the common engine faults which can hinder fuel efficiency and performance gains. If not replaced, ignition coils can result in a misfire. The global automotive ignition coil aftermarket is anticipated to reach a valuation of USD 5,973.3 Mn at a CAGR of 4.93% in terms of volume and 5.50% in terms of value over the forecast period of 2018-2025, asserts Market Research Future (MRFR) in its latest study. Growing sales of automobiles across the globe is the primary factor substantiating the growth of the automotive ignition coil aftermarket. Economic progress in various countries has led to the increased purchasing power of consumers which has, in turn, driven the automotive ignition coil aftermarket. Increased sales of vehicles globally along with a general shift in preference from mileage-centric to feature-loaded vehicles are fostering the growth of the market. Stringent government regulations pertaining to emissions and fuel efficiency have impacted the market growth considerably. Strict norms have resulted in increased demand for higher ignition voltage, which leads to a shift towards modern ignition coils which boosts the growth of the aftermarket. Easy availability of automotive parts along with the rise in the trend of customization is driving the market growth. In addition, technological progress in ignition coils leads to the replacement of traditional ones with improved versions. Other factors substantiating the market growth include burgeoning sales of refurbished vehicles which generally require servicing and replacement of old automotive components. On the contrary, the growth of the market can be hampered by the rising sale of fully electric cars which do not require ignition coils. Automotive Ignition Coil Aftermarket Segmentation The global automotive ignition coil aftermarket has been segmented based on product and vehicle type. By product, the automotive ignition coil aftermarket has been segmented into pencil ignition coil, ignition coil rail, electronic distributor coil, can-type ignition coil, double spark coil, and others. The pencil ignition coil segment is anticipated to capture the largest share of the market over the forecast period. The growth of the segment can be attributed to extensive use of pencil ignition coils by premium automakers which creates opportunities for aftermarket players who are engaged in the manufacture and sale of aftermarket parts of premium cars. By vehicle type, the automotive ignition coil aftermarket has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. The passenger car segment is envisioned to garner the maximum share of the market due to an upsurge in demand for passenger vehicles. Automotive Ignition Coil Aftermarket Regional Analysis By region, the automotive ignition coil aftermarket has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). The APAC led the automotive ignition coil aftermarket in 2017 with a share of 37.27% and Europe and North America followed with respective CAGRs of 29.96% and 24.36%. The same growth pattern and likely to be continued over the forecast period. The APAC market is driven by a variety of factors, including rising investment in the APAC region from international automotive players. Companies such as Denso Corporation, Hitachi Automotive Systems, Ltd, and NGK Spark Plug Co., Ltd., who are engaged in the manufacturing of premium automotive components are increasing their presence in the APAC region to capitalize on the opportunity provided by augmenting consumer needs. The prolific growth of the automotive industry and the presence of a robust automotive manufacturing base in the region are key factors. Moreover, economic upturn and expansion of spending capabilities have resulted in the increased sale of premium as well as secondhand cars. This has induced high demand within the automotive ignition coil aftermarket. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis The global automotive flywheel market is predicted to have a healthy growth at a 5% CAGR over the forecast period (2018-2023), reveals the latest Market Research Future (MRFR) report. A flywheel is a heavy revolving wheel fixed in a machine that is utilized to increase the momentum of a machine and thus offer a reserve of accessible power or greater stability.
Automotive flywheels are of two types- heavy and light. The former will help a vehicle in maintaining momentum while towing or up hills and has the mass in getting the vehicle rolling smoothly if the clutch gets disengaged. The latter, on the other hand, can augment acceleration and engine response owing to its lower rotating inertia. Automotive flywheel has a wide range of applications such as big electricity grids to protect interruptions, satellites to control direction, advanced technology transit buses, advanced locomotive propulsion system, electric cars to increase speed, together with a motor driven generator for storing energy and in wind turbines. Storing energy to aid the car engine over idle strokes of the piston- exhaust, compression, and suction, dampening out the speed fluctuation of the crankshaft and offering a convenient mounting point both for the starter ring gear and the clutch are some of the key features of flywheels. A flywheel is preferred over general batteries owing to the different benefits that it offers such as ease of operation, higher peak-load capacity, more round-trip efficiency, lesser thermal loss, less maintenance involved, storage capacity not affected by discharging cycle/charging, more lifespan, and higher capacity to store energy. Various factors are pushing the growth of the automotive flywheel market. These factors, in accordance with the Market Research Future (MRFR) report, include increasing use of automated manual transmission, growing penetration of continuous variable transmission and dual clutch transmission, increasing rate of production as well as, sales of electric vehicles, and rising demand for various factors such as safety, aesthetics and comfort and continuous improvement in technology. Market Segmentation The Market Research Future report offers a wide segmental analysis of the automotive flywheel market on the basis of type, material, sales channel, vehicle type, and transmission. Based on material, the automotive flywheel market is segmented into aluminum alloys, maraging steel, and cast iron. Of these, the maraging steel segment will have the largest share in the market over the forecast period. Based on type, the automotive flywheel market is segmented into the dual mass flywheel and single mass flywheel. Of these, the single mass flywheel will dominate the market over the forecast period. Based on transmission, the automotive flywheel market is segmented into the automatic transmission, semi-automatic transmission, and manual transmission. Of these, the manual transmission segment will lead the market over the forecast period. Based on vehicle type, the automotive flywheel market is segmented into heavy commercial vehicle, light commercial vehicle, and passenger vehicles. Of these, passenger vehicles will have the maximum share in the market over the forecast period. Based on the sales channel, the automotive flywheel market is segmented into aftermarket and OEM. Regional Analysis Based on the region, the automotive flywheel market report covers growth opportunities and the latest trends across the Asia Pacific, Europe, North America, and Rest of the World. Of these, Asia Pacific will remain the driving force in the market over the forecast period and is predicted to grow at a promising CAGR. This is owing to the rising purchasing power of consumers, growing urbanization, and increased production as well as, sales of automobiles. Key Players Leading players profiled in the automotive flywheel market report include Iljin (Korea), Ford Motor Company (US), Skyway Precision, Inc. (the US), LUTHRA INDUSTRIAL CORP (India), Valeo SA (France), ZF Friedrichshafen AG (Germany), Linamar Corporation (Canada), AISIN SEIKI Co., Ltd (Japan), American Axle & Manufacturing, Inc. (US), Schaeffler AG (Germany), among others. May 2019-A Dragonfire laser weapon has been specially designed for the Royal Navy that will be boosted with a flywheel made for Formula One. Popularly known as the Dragonfire Laser Directed Energy Weapon, this naval warfare device will provide 50kW power rating. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis A flexible fuel engine or dual-fuel engine is also called flex-fuel engine that can operate on two different fuels from the same tank. Market Research Future (MRFR) has published a research report about the global automotive flex fuel engine market that infers boost for this market with 6% CAGR (Compound Annual Growth Rate) between 2018 and 2023.
The major market factors driving the growth of the global automotive flex fuel engine market include the advantages of flex-fuel engines that include easy to start, flexible, fuel mixture sensor, reduced petroleum content, reduced emissions, and resource saving. Other important market drivers are advanced power systems for vehicles, cleaner alternative fuels, depleting natural sources of diesel, rising vehicle emission norms, and stringent environmental regulations. Today, the ethanol is popular in flex-fuel vehicles. However, the high production cost of ethanol can hinder the market growth. The global automotive flex fuel engine market has been segmented on the basis of engine capacity, fuel, vehicle type, and lastly, region. With regards to engine capacity, this market has been segmented into compact-size and full-size. The fuel-based segmentation segments the market into diesel and gasoline. By vehicle type, the market has been segmented into the commercial vehicle and passenger car. The regional segmentation of the global automotive flex fuel engine market segments the market into continent-based regional markets known as North America, Europe, Asia Pacific, and rest of the world (RoW). Being the largest regional market, North America is expected to dominate the global market share during the forecast period due to an increase in demand of fuel-efficient vehicles in countries like the United States of America (USA) and Canada. Many major market players are also based in North America, especially in the USA, aiding the market growth. The growth of the Asia Pacific market is due to the increased demand for alternatives, increase in the production of luxury and high-end vehicles, and the increase in investment regarding flex fuel engine technology by vehicle manufacturers. In China, and some other Asian countries, the demand for passenger vehicles is increasing. Other most important country-specific markets in this region are India, and Japan, followed by the rest of the Asia Pacific region. In Europe, the market is strong due to the high density of population, a technological advancement that is second only to North America, and the presence of some key market players. The significant market players in this region are France, Germany, Italy, and the United Kingdom (UK). In the RoW segment, due to the lack of technology, the market is slow during the forecast period in countries of regions like Africa. Key Players The key players in the global automotive flex fuel engine market include AUDI (Germany), Fiat Chrysler Automobiles (UK), Ford Motor Company (USA), General Motors Company (USA), Honda Motor Co. Ltd. (Japan), Mitsubishi Motors Corporation (Japan), Nissan Motor Co. Ltd. (Japan), Toyota Motor Corporation (Japan), Volkswagen (Germany), and Volvo Cars (Sweden). Latest Industry News
Read More: https://www.marketresearchfuture.com/covid-19-analysis Global automotive fasteners market, according to a recent report published by Market Research Future (MRFR), is poised to rise at a moderate CAGR of 4.5% and register a substantial market valuation over the review period.
Drivers and Restraints The constant growth in the sales of automobiles and the rising automotive components industry fuel the automotive fasteners market. The increasing need for technical development and design improvement in automotive fasteners is touted to raise the demand for the global market for automotive fasteners over the review period. The trend for using expendable fasteners in vehicles is expected to enhance the ease of use for automotive fasteners further and boost the market growth. The improved demand for vehicle stability and decreased vehicle weight will lead to the preference of fasteners over the welding. This is poised to create growth opportunities for the global automotive fasteners market players in the foreseeable future. In recent times, manufacturers have substantially been focusing on improving the design and quality of fasteners. They have been obtaining design companies for enhancing the designs of their automotive fasteners. However, there are numerous substitutes in the global market for automotive fasteners such as welding and clinching, which might hamper the market growth over the assessment period. Moreover, the sizeable unorganized aftermarket for automotive fasteners might also be a challenge for the manufacturers. Segmental Analysis The global market for automotive fasteners is segmented on the basis of type, distribution channel, end-use, and material, region. On the basis of the type, the market has been bifurcated as threaded and non-threaded. On the basis of material, the automotive fasteners market has been segmented as aluminum, iron, stainless nickel, steel, and others. On the basis of the distribution channel, the market has been bifurcated as OEM and aftermarket. On the basis of end-use, the automotive fasteners market has been segmented as removable, semi-permanent, and permanent. Regional Analysis On the basis of the region, the global market of the automotive fasteners is divided into North America, Asia-Pacific, Europe, and the Rest of the World (RoW). Asia-Pacific is poised to hold the highest market share in terms of both value and volume, due to the augmented sales in the aftermarket of fasteners in Asia-Pacific. The rapid rise in the sales of automobiles in the market of Asia-Pacific will expand the global automotive fasteners market over the review period. An increase in industrialization and urbanization, increased sales of different cars, and the trend of using high-performance fasteners in vehicles will increase the sales of the product in Asia-Pacific and create opportunities in the region. Europe is anticipated to lead in terms of CAGR over the forecast period. The presence of top manufacturers of automobiles and their parts in a higher concentration in Europe will minimalize the costs and enhance sales due to augmented demand for quality and innovative design within automotive fasteners and growing sales . Competitive Analysis The major market players in the automotive fasteners market include Permanent Technologies Inc. (US), Shanghai Tianbao Fastener Manufacturing Co., Ltd. (China), The Phillips Screw Company (US), Bulten AB (Sweden), Atotech (Germany), and Shamrock International (US). Nifco Inc. (Japan), Jiangsu Xing Chang Jiang International Co., Ltd. (China), KOVA Fasteners Pvt Ltd (India), and Westfield Fasteners Limited (UK) are some of the others. The market players operating in the global insurance market are slated to increase the investments towards research and development projects and expand the competitive dynamics of the global automotive fasteners market with business strategies such as joint ventures, acquisitions, mergers, and partnerships, among others. These are poised to create growth opportunities in the market over the review period. 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. Read More: https://www.marketresearchfuture.com/covid-19-analysis |