Automotive Research Reports |
The diversification of the automobile sector has increased the scope for growth of ATV engines. Reports that evaluate the automobile industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is set to attain a CAGR of 5.38% while earning income worth USD 1,755.6 Mn in the forecast period.
The rise in outdoor adventure activities is anticipated to motivate the all-terrain vehicle engines market in the coming years. The growth of the tourism sector has significantly induced progress in the market for all-terrain vehicle engines. The advances in engineering have improved the efficiency of the high-performance engines, thus furthering the growth of all-terrain vehicle engines. Furthermore, the increasing popularity of ATV experience areas is expected to create favorable aspects for growth in the coming years. Segmental Analysis The analysis of the segments in the all-terrain vehicle (ATV) engines market is carried out on the basis of type, power, application, and region. Based on types, the all-terrain vehicle engines market has been segmented into 0-300cc, 800-1000cc, 500-800cc, 300-500cc, and 1000cc and above. Based on application, the all-terrain vehicle engines market has been segmented into aftermarket and OEM. The segmentation of the all-terrain vehicle engines on the basis of power comprises of Up to 80HP and Above 80HP. The geographical areas covered in the all-terrain vehicle engines market are South Korea, United States, China, Europe, Japan, India and Rest of the World. Detailed Regional Analysis The regional analysis of the all-terrain vehicle (ATV) engines market includes geographical areas such as South Korea, the United States, China, Europe, Japan, India and Rest of the World. The market for ATV engines in the US is encouraged by the incidence of key manufacturers in the region. An enormous surge in the sales of ATV engines due to their large-scale use in forestry, agricultural lands, and mountains has also been advantageous for the progress of the market. Amplified use of ATVs in adventure tourism and progressive engine design and transmission system are significant drivers supporting the growth of the market in the U.S.The European region is the subsequent major market for all-terrain vehicle engines market and is projected to develop at a CAGR of 5.20% throughout the forecast period. China is expected to appear as the rapidly growing market for all-terrain vehicle engines market at a CAGR of 5.50% due to factors such as favorable government policies, increasing per capita disposable income, and the prevalence of ATV engine manufacturers in the region. Competitive Analysis The market is projected to accomplish an absolute lead in the market place owing to improved strategies in specific areas. Additionally, the deals being coined in the market are likely to additionally inspire the development of the market in the impending years. The absorbed expenses in the market are readily dispensed with, opening more room for the development in the market. The companies functioning in the market are persistently taking on the hindrances to progress and are forming strategies that are projected to guide to a beneficial outcome on the market’s advancement. The advancement of the market is upgraded chiefly due to the reduction in promotional and miscellaneous expenses. An intensified growth pace is observed due to the productive effect exerted by the market forces both externally and internally. The progress capability of the market is bolstered by the accretive nature of the assets available in the market. The significant competitors functioning in the all-terrain vehicle (ATV) market globally are Kawasaki Heavy Industries, Ltd., BRP-Rotax GmbH & Co KG, Suzuki Motor Corporation, Textron Inc., Polaris Industries, Inc., Yamaha Motor Co., Ltd., Massimo Motor Sports, LLC, Honda Motor Co., Ltd., Taiwan Golden Bee Co. and CFMOTO. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/
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The automotive sector is increasingly embracing augmented reality to provide an enhanced interactive experience for its consumers. Incorporation of augmented reality in the automotive sector facilitates the presentation of an automobile virtually in the form of audio, visuals, haptics, somatosensory, and olfactory. The automotive sector is making considerable use of augmented reality to keep passengers occupied and entertained. Market Research Future (MRFR) has recently published its latest in-depth report on the global automotive augmented reality market outlining the various factors that are affecting the market. After a thorough examination, MRFR has projected the automotive augmented reality market to expand at a steady CAGR over the forecast period of 2018-2023.
Augmented reality has already infiltrated the automotive industry, and various automotive giants are already using it as a part of their strategy. For instance, Audi, a premium player of the automotive industry, used augmented reality as a part of its media briefings during the launch of flagship A8’s launch event. Other companies have also followed suit, and many automotive brands are using augmented reality in their showrooms for demonstration purposes. Major OEMs and manufacturers are increasingly using augmented reality to ramp up their sales approach and increase conversion rate. Heightened demand for advanced driving assistance system among consumers along with increased popularity of in-vehicle safety features and anti-collision technologies are factors that are creating a supportive platform for the growth of the market. Augmented reality facilitates the evaluation of a vehicle’s characteristics without being present. It can also help curtail risks of accidents as they can aid in the identification of traffic density, signboard, and pedestrians. Increase in demand for connected vehicles is a key factor enhancing the growth of the market. Furthermore, advancements in the field of augmented reality are expected to aid the incorporation of additional features. Segmentation The global automotive augmented reality market has been segmented based on sensor technology, level of autonomous driving, and function. By sensor technology, the automotive augmented reality market has been segmented into Lidar, sensor fusion, VMOS image source & radar. By level of autonomous driving, the automotive augmented reality market has been segmented into conventional driving & semi-autonomous driving. By function, the automotive augmented reality market has been segmented into AR HUD With Navigation, AR HUD With Standard Functions, AR HUD With Lane Departure Warning & Advanced AR HUD. Regional Analysis By region, the automotive augmented reality market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe. The APAC is at the forefront of the automotive augmented reality market. Heightened awareness regarding safety and an increase in the production and sale of automobiles in the region are augmenting the growth of the market. Moreover, the governments in the region are endeavoring to raise awareness regarding vehicle safety which has had a positive impact on market growth. Europe has secured the second spot in the automotive augmented reality market. Rigorous investment in R&D activities and an established automotive sector which is increasingly looking forward to incorporating advanced technologies to the automotive sector has driven the market in Europe. Competitive Landscape Robert Bosch GmbH (Germany), Continental AG (Germany), Panasonic (Japan), Garmin International (US), Hyundai Motors (South Korea) BMW (Germany), Delphi Automotive (Ireland), Denso (US), and Alphabet (US) are the key players in the global automotive augmented reality market. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ The increasing level of importance placed on automobile performance is closely related to the quality of the suspension systems. Market reports connected to the automobile industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is on track to achieve a 5 % CAGR in the forecast period.
The need to improve suspension systems has gained considerable traction, as automobiles become more efficient and streamlined. The rising incidences of accidents have increased the demand for enhanced automotive suspension systems. The augmented level of investment being directed towards the expansion in the automobile components such as suspension systems is expected to gain an increased level of momentum in the upcoming forecast period. Segmental Analysis The segmentation of the automotive suspension system market is carried out on the basis of vehicle type, suspension system, damping type, end market, and region. On the basis of vehicle type, the automotive suspension system market is segmented into commercial vehicle & passenger vehicle. Based on the suspension system, the automotive suspension system market is segmented into semi-active, passive, and active. On the basis of damping type, the automotive suspension system market is segmented into electromagnetic and hydraulic. On the basis of the end market, the automotive suspension system is divided into OEM and aftermarket. The regions included in the automotive suspension system are North America, Europe, South America, Middle East, and Africa. Detailed Regional Analysis The regional analysis of the automotive suspension system market encompasses regions such as North America, Europe, South America, Asia Pacific, Middle East, and Africa. The Asia Pacific region dominates the automotive suspension system market globally, due to the increased production of technologically progressive & comfort vehicle. This region will display the speediest growth in the forecast period. The Asia Pacific regions follows the European region in terms of growth. The growing eco-friendly initiatives in this region will lead to substantial growth in the automotive suspension system market. Thus, driving the Asia Pacific region towards steady growth in the duration of the forecast period. Competitive Analysis The beginning of new technology is promoting the growth capability of the market. The market has the elements for displaying a better comparative or differential value. The market trends imply advantageous growth of the products that can bring in improvement to the product range and meet the customer need better. The prevalence of productive units is projected to generate more sales or greater margins as compared to its market adversaries. Sizable reductions in administrative finances are bringing more developments to the market. The making of a strong value chain is additionally encouraging the development of the market. The market contestants find themselves in a promising position with the capacity to handle the pace of change. The principal challengers in the market for automotive suspension system globally are TWR Automotive Holdings Corporation, KYB Corporation, Tenneco Inc., Benteler Group, Magneti Marelli S.P.A., Continental AG, Mando Corporation, Schaeffler AG, and ZF Friedrichshafen AG. Industry Updates: Feb 2019 WABCO Holdings Inc. which is regarded as the leading global supplier of braking control systems and other progressive technologies that correct the safety, connectivity and efficiency of commercial vehicles, recently announced that it has authorized a long-term contract to supply and develop innovative air suspension technology for one of the world’s major manufacturers of premium passenger cars, based out of the European region. Nov 2018 Öhlins, a renowned premium suspension manufacturer is set to become a subsidiary of Tenneco Inc, and therefore joining one of the major global multi-line, multi-brand OEM and aftermarket firms in the world. Tenneco Inc has engaged the final contract to obtain Öhlins Racing AB, the Swedish technology company that creates premium suspension systems and components for the motorsport and automotive industries. Ohlins backs performance teams in Formula E, F1, MotoGP, and NASCAR racing. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ The global automotive sun visor market, according to the analysis by Market Research Future (MRFR), is slated to reach a substantial market valuation at a moderate CAGR over the forecast period.
Drivers and Restraints The global automotive sun visor market is slated to witness significant growth during the study period. The growing number of manufacturers who are integrating simple and economical visor components to protect against dazzle in vehicles, the shifting focus by consumers and automotive OEMs on vehicle and driver safety are playing an important role in the growth of this market. The factors fuelling the growth of this market are increasing sales and production of vehicles across the globe, improving traffic flow, and rising need for vehicle and driver safety. The absence of standard protocols for the development of automotive sun visors and intricate design of the system is considered as a key restraining factor of this market. On the other hand, growing demand for electric vehicles across the globe, improving the economic dynamics of emerging nations are providing potential opportunities for the growth of the automotive sector, in turn, driving this market. Despite such issues, sun visors are estimated to remain a popular automotive part. The rise of electric vehicles making way for new avenues for sun visors. There has been a considerable rise in several manufacturers. Many of them are starting a more diverse variety, giving more options to choose from for their clients. New materials are being utilized to develop sun visors. However, metals, molded substrates, plastics, and fabrics are popular options among consumers. Producers are also focusing on making their products multi-faceted by combining other components such as lights, flaps, electric cable, mirror, frame, padding, among others. The growing sale of the vehicle all over the world is having a positive influence on the global demand for the automotive sun visor. At the same time, favorable business conditions, stable growth of the automotive sector, developing designs of automobiles have contributed to the growth of the market in recent years, and this trend is expected to surge over the review period. Segmental Analysis The global market for Automotive Sun Visor is segmented on the basis of material, type, vehicle type, propulsion. Based on type, the market has been bifurcated into LCD and Conventional sun visor. Based on content, the global Automotive Sun Visor market has been segmented into fabric, vinyl, and others. Based on vehicle type, the Automotive Sun Visor market has been bifurcated into passenger cars and commercial vehicles. Based on propulsion, the demand for automotive sun visor has been segmented into ICE and electric vehicles. Based on sales channel, the market has been divided into OEM and Aftermarket. Regional Analysis Geologically, the global automotive sun visor has been studied in four major regions, including Asia-Pacific, North America, Europe, and the Rest of the World. The Asia-Pacific region is slated to hold the largest market share during the forecast period owing to the growing population, increasing vehicle penetration across countries, and changing lifestyle choices of consumers. Additionally, increased usage of electrification in vehicles is expected to boost the demand for automotive sun visor as it protects the electric equipment in cars. Additionally, the increase in demand for safety features in vehicles and rising investments by public and private players to fuel the expansion of the automobile sector are contributing to the growth of this market in this region over the review period. Competitive Analysis The major market players in the global automotive sun visor include GUMOTEX (Chez Republic), Irvin Automotive Products, Inc (US), FOMPAK (Turkey), GRIOS s.r.o. (Czech Republic), Atlas Holding (US), Grupo Antolin (Spain), KASAI KOGYO CO., LTD. (Japan), OTOTRIM Sanayi ve Ticaret A.Ş. Panel (Turkey), HOWA TEXTILE INDUSTRY CO., LTD. (Japan), and KB Foam Inc. (US). Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ Automotive power modules refer to electric components which are used for a variety of applications in electric vehicles. Power modules provide physical containment to automotive components such as traction inverters, boosts converters, and air conditioners. Power modules are composed of metal oxide semiconductor chips that help in power generation. Additionally, they assist in the conversion of low voltage DC power to high voltage AC power from the battery, which results in the removal of excess heat. Market Research Future (MRFR) has published a new report on the global automotive power module market and has indicated a positive growth trend in the market over the forecast period of 2018-2023.
The growing severity of fuel-efficiency norms and elevating concerns about the harsh impact of mechanical systems within vehicles have resulted in such systems being replaced by electrical alternatives. This has significantly driven the market for automotive power modules. Electrical components not only enable far higher degrees of efficiency but also improve operational performance. Automotive OEMs are focused on minimizing power loss and increase power density, which leads to heightened adoption of power modules in cars. Increasing production and adoption of electric vehicles is a factor which is positively impacting the market growth. Improving charging infrastructure and growing stringency of emission standards, and spiraling demand for energy efficient battery-powered devices are other factors aiding the market growth. Conversely, the growth of the market can be deterred by the lack of standard protocols for the development of power modules. Additionally, power modules raise the overall cost of vehicles, which restrains the growth of the market. Segmentation The global automotive power modules market has been segmented based on type, vehicle type, and propulsion. By type, the automotive power modules market has been segmented into intelligent power module (IPM) and power integrated module (PIM). By vehicle type, the automotive power modules market has been segmented into passenger car and commercial vehicle. By propulsion, the automotive power modules market has been segmented into ICE vehicle and electric vehicle. The electric vehicle segment has been further segmented into battery, hybrid, and plug-in electric vehicle. Regional Analysis By region, the automotive power modules market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). The APAC automotive power module market is likely to showcase maximum growth over the forecast period. Augmenting sale of electric vehicles across the region is a key factor motivating the growth of the market in the region. The region has established itself as a major automotive manufacturing hotspot due to which there is high demand for automotive power modules from the OEMs. Automotive OEMs in the region have directed their focus towards safety quotient of cars and increasingly incorporating such features in vehicles. The leading automotive players in the region are pouring in substantial amounts on R&D activities which have led to noteworthy developments in the power module space. Other factors substantiating the growth of the market include rising public and private investment in technology development. Europe is likely to account for an advantageous share of the global automotive power module market. Established automotive industry and the presence of various key players in the region such as Infineon Technologies (Germany), and Continental AG (Germany) are boosting the growth of the market. Competitive Landscape STMicroelectronics (Switzerland), Toshiba Corporation (Japan), Robert Bosch GmbH (Germany), Mitsubishi Electric Corporation (Japan), Rohm Semiconductor (Japan), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Continental AG (Germany), ON Semiconductor (US), Fuji Electric Co. (Japan), and Infineon Technologies (Germany) are the noteworthy players in the global automotive power modules market. Industry Updates May 2019 – Wolfspeed, a provider of the most field-tested SiC, GaN Power, and RF solutions, introduced a power module specifically designed to maximize the benefits of SiC. Dubbed as XM3, the new power module is half the weight and volume of a standard 62 mm module. It enables simple power bussing, minimizes loop inductance, and maximizes power density. The intended application of XM3 includes UPS, EV chargers, and motors and traction drives. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ As per Market Research Future (MRFR), the global oil filter market is expected to thrive at a 5% CAGR during the forecast period (2018 to 2023). The growing need for oil filters in the ever-expanding automotive industry is expected to favor the global oil filter market. The design ofoil filters allows seamless cleansing of oil from destructive contaminants from essential car oils, such as engine oil, lubricating or hydraulic oil, transmission oil, thereby safeguarding oil-dependent systems. This is likely to fuel the expansion of the oil filter market. Oil filters are an integral part of all ICE engine driven motors that can be both on- and off-road vehicles. Hence, the growing need for vehicles is likely to bolster the oil filter market growth. The increase in trading activities, especially import and export activities, is observed to contribute significantly to the expansion of the global oil filter market.
Oil filters have a crucial role in the reduction of vehicle emission and enhance engine performance. This growing concern towards the environment is boosting the sales of oil filters. This is likely to impel the growth of the worldwide oil filter market. Other factors that are expected to induce growth are developments in the automotive infrastructure, increase in the production and sales of cars, stringency in environmental norms, rising concern over environmental protection and automobile emissions, and the increase in the need for miles’ drive. However, the need for continuous replacement of oil filters is tedious, but the willingness of people to maintain their automobiles that serve long-term benefit is expected to surge the oil filters market. On the downside, lack of skilled labor, increase in electric vehicle sales, and measures taken to phase out IC vehicles can impede the growth of the global oil filter market growth. Segmental Outline The global oil filter market is assessed by filter media, filter type, sales channel, vehicle type, and fuel type. By filter type, the market is segmented into a hydraulic filter, engine oil filter, fuel filter, and others. By filter media, the market is segmented into synthetic, cellulose, and other oil filters. By vehicle type, the market is sectioned into a commercial vehicle and passenger car. By fuel type, the market is divided into diesel and gasoline. By sales channel, the market is sectioned into aftermarket and OEM. Regional Outlook The global oil filter market is assessed across Europe, Asia Pacific, North America, and the Rest of the World. The oil filter market in the Asia-Pacific region is expected to exhibit a sharp rise in its valuation in the assessment period. APAC is expected to hold a grand share of the global oil filter market in the review period, reveals MRFR. APAC is a big automobile manufacturing hub that is expected to support the growth of the APAC oil filter market. In addition, the firm automotive infrastructure is also expected to contribute significantly to the expansion of the regional market. The APAC governments are making deliberate to curb air pollution that is increasing the adoption of oil filters is expected to boost the growth of the APAC market. In North America, the availability of proper automotive infrastructure and technological developments are factors that are expected to propel the regional oil filter market. Key Players MRFR listed some well-established players of the global oil filter market. They are; A.L Filter (Israel), MAHLE GmbH (Germany), North American Filter Corporation (U.S.), MANN+HUMMEL GmbH (Germany), Fildex Filters Canada Corporation (Canada), Robert Bosch GmbH (Germany), Siam Filter Products Ltd., ALCO Filters Ltd. (Cyprus), Part. (Thailand), Filtrak BrandT GmbH (Germany), and Luman Automotive Systems Pvt. Ltd. (India). Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ The Global Cargo Shipping Market, according to a report by Market Research Future (MRFR), is expected to register a moderate 3.67% CAGR during the review period. The global cargo shipping market valuation is slated to be recorded at USD 16.06 billion tons by the end of 2025.
Drivers and Restraints Seaborne trade is likely to expand internationally, as shipping is the lifeline of the global economy. the bulk transport of raw materials, rising global trade, and the import/export of food and manufactured goods are essential in any economy. The global shipping industry is responsible for carrying out around 90% of world trade. The increasing seaborne trade has widened the scope of cargo shipping across the globe. The global shipping industry is substantially driven by the demand and prices of foreign commodities, which includes crude oil, agricultural commodities, metals, and others. With the global increase in population and their disposable income, the demand for food products, consumer goods, and essential commodities such as minerals, metal, and oil & gas has also increased. This has enhanced the international trade of such commodities, between countries, and in turn, has driven the cargo shipping markets. Furthermore, numerous government and non-government institutes are expected to promote the export capacity of several commodities, which consequently brings an inflow of foreign currency in the economy. The project offers value chain assistance to enhance the international trade of these countries. This drives the market for the shipping industry. Segmental Analysis The global market for cargo shipping has been bifurcated based on cargo type and industry. On the basis of cargo type, the global market has been segmented as bulk cargo, general cargo, container cargo, and liquid cargo. The broad cargo segment is projected to witness the highest CAGR over the review period, owing to its features like superior flexibility for shipping containers. Based on the end-use industry, the global market has been segmented into food, manufacturing, oil & ores, and electrical & electronics. The manufacturing segment accounts for the highest share owing to its growing economy as one of the crucial factors for market expansion. Regional Analysis Based on the region, the global cargo shipping market has been segmented into North America, the Middle East & Africa, Europe, Asia-Pacific, and South America. Asia-Pacific is one of the significant regions in the market and is slated to register the highest growth rate during the forecast period. China is the largest manufacturing hub in Asia-Pacific. The industry in China is driven by cheaper labor costs. Other factors that are contributing to the market growth in the region are the developments in the infrastructure of the port, the augmented market demand, and constant government support. Moreover, Asia-Pacific is also the fastest-growing region during the forecast period and is likely to register the maximum growth rate during the review period. Furthermore, fast globalization and demographic changes are also a few other vital factors that are driving the market region. The Shanghai Port (China), Hong Kong, S.A.R.(China), Ningbo-Zhoushan (China), Shenzhen Port (China), and Singapore Port & Keihin Port (Japan) are few of the port terminals that manage millions of TEU, annually, and are thereby driving the growth of the market in Asia-Pacific. Vast productivity gains associated with the increased usage of automation and information technologies have helped North American manufacturers to retain in many aspects of end-use industries and enhance their global competitiveness in recent years. Competitive Analysis The major market players operating in the global cargo shipping market are A.P. Moller-Maersk Group (Denmark), Panalpina World Transport (Holding) Ltd. (Switzerland), Mediterranean Shipping Company S.A. (Switzerland), CMA -CGM SA (France), China COSCO Holdings Company Limited (China), DHL Global Forwarding (Germany), Nippon Express Co., Ltd. (Japan), Hapag-Lloyd AG (Germany) Deutsche Bahn AG (Germany), and Panalpina Welttransport Holding AG (Switzerland), and others. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ Industry Overview
In its research report, Market Research Future (MRFR), emphasizes that over the review period, the global market 2020 is projected to rise exponentially, securing a significant market valuation and a healthy CAGR. Drivers and Restraints The global flywheel market for automobiles has experienced remarkable growth. In the last few years, increasing vehicle demand globally has significantly boosted the flywheel market. Demand for commercial vehicles is driven extensively by rising industrialization and service sectors. The expansion of the automotive flywheel market is responsible for increasing demand for different factors such as aesthetics & safety, comfort, and continuous improvement in technology. The manufacturers have developed various technologies for enhancing the comfort factors , i.e. reducing the vibration generated inside the transmission assembly. In addition, a rise in vehicle production and sales raises the need for flywheel adoption in many applications. Growing penetration of semi-automatic transmission systems globally, such as AMT (Automated Manual Transmission) and DCT (Dual Clutch Transmission in the segments of commercial and passenger vehicles, is likely to drive the flywheel market during the forecast period. Rising customer preference for comfort in the automotive sector is due to increased purchasing power of people. Technological innovation such as weight reduction by the use of multiple materials would be an significant factor driving the demand for flywheels. However, rising electric vehicle adoption restrains global market growth. Segmental Analysis The global automotive flywheel market is segmented based on the transmission, type, material, sales channel and region. Based on the material, the market has been segmented into maraging steel, cast iron, and aluminum alloys. Based on the type, the market has been bifurcated into single mass flywheel and dual mass flywheel. Based on the transmission, the market has been segmented into semi-automatic transmission, manual transmission, and automatic transmission . Based on the vehicle type, the market has been segmented into light commercial vehicles, passenger vehicles, and heavy commercial vehicle. Based on the sales channel, the market has been divided into OEM and Aftermarket. Regional research The global business regional overview was performed in four major regions namely Asia Pacific, North America , Europe and the rest of the world. Asia Pacific is expected to capture the largest market share of sales among all countries, and is estimated to lead over the forecast period. Due to the involvement of nations such as Japan, China and India, where vehicle sales have risen as a result of increased urbanization and rising car purchases, the flywheel demand in this area has also been further affected. Constant technological advancement to lessen the weight of flywheels will further assist in the expansion of the APAC market. It is projected that the European market is driven by customer preference for the car flywheel market. The North American market is slated to gain the second-highest market share of sales and continue to prosper throughout the review era. Competitive Analysis The main market players operating in the global market as identified by MRFR are AISIN SEIKI Co., Ltd (Japan), Schaeffler AG (Germany), American Axle & Manufacturing, Inc. (US), Linamar Corportation (Canada), Valeo SA (France), ZF Friedrichshafen AG (Germany), Ford Motor Company (US), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (US), and Iljin (Korea). There is fierce competition among the flywheel manufacturers, which plays an important role in the expansion of the flywheel market as manufacturers are constantly paying attention to evolving different characteristics to make their products unique and match the automotive manufacturers’ weight, transmission and speed requirements. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ Market Research Future (MRFR), in its newly published research report, asserts that the global automotive collision avoidance system market is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a healthy 8% CAGR in the forecast period.
Drivers and Restraints The rising awareness among consumers and original equipment manufacturers will directly impact the market and expand the market value of the global market for the automotive collision avoidance system. Favorable government policies, such as the advanced car assessment program in the U.S., will play a crucial role in the advancement of the global automotive collision avoidance system market. An increase in the sales of the luxury vehicle will enhance the demand for the innovative safety features such as collision avoidance system in automobiles. This will lead to the growth of the automotive collision avoidance system market during the forecast period. An increase in the purchasing power and disposable income of the consumers increases the sales of the luxury automobile, which further increases the demand for safety systems such as the collision avoidance system over the forecast period. Segmental Analysis The global market for automotive collision avoidance system is segmented on the basis of process type, vehicle type, sales channel, and region. On the basis of type, the market for automotive collision avoidance system has been divided into blind-spot detection, adaptive cruise control, autonomous emergency braking, and lane departure warning. Based on the technology, the market has been segmented into radar, LIDAR, and camera. On the basis of the sales channel, the market has been bifurcated into OEM and aftermarket. On the basis of vehicle type, the automotive collision avoidance system market has been segregated into a commercial vehicle, passenger car, and electric vehicle. Regional Analysis The geographical analysis of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world (Latin America, the Middle East, and Africa). The global market for automotive collision avoidance system in Europe is slated to lead the market in terms of value and volume. In Europe, Germany is poised to hold the highest growth rate in 2017. Moreover, there is a rapid rise in sales of a luxury vehicle in Europe, and an increase in the need for the deployment of a safety system will raise the demand for automotive collision avoidance systems in cars. Additionally, stringent government regulations concerning vehicle safety will drive the demand for enhanced safety systems such as collision avoidance systems including consumers and OE market players. North America is poised to grow at a substantial CAGR during the assessment period. In North America, increasing participation of the automobile associations and government of the U.S. and Canada in the development of the automotive collision avoidance system will significantly add to the market growth in terms of value and volume. An increase in government regulation and programs such as the advanced car assessment program in the U.S. will fuel the demand for the automotive collision avoidance system during the review period. Asia-Pacific is expected to play a significant role in increasing the presence of the automotive collision avoidance system owing to the presence of China, Japan, and India. An increase in the presence of manufacturers in the Asia-Pacific will reduce the high cost of the product and influence the sales of the automotive collision avoidance system over the review period. The rest of the world segment that consists of the Middle East & Africa and South America, is poised to generate the highest revenue and exhibit the highest CAGR in 2017 and over the forecast period. Competitive Analysis The major market players operating in the global market as identified by MRFR are Robert Bosch GmbH (Germany), Aptiv Plc (Republic of Ireland), General Electric Company (US), and Honeywell International, Inc. (US)., Hexagon AB (Sweden), Siemens AG (Germany), Denso Corporation (Japan), Alstom SA (France), Rockwell Collins, Inc. (US), and are among others. Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues. Follow Our LinkedIn Page: https://www.linkedin.com/showcase/ict-mrfr/ |