Automotive Research Reports |
Automotive Electronic Brake System Market Global Demand, Sales, Consumption and Forecasts to 202310/12/2020 The global automotive electronic brake system market, according to a report by Market Research Future (MRFR), is expected to acquire a notable market valuation at a moderate CAGR of 5.4% over the review period.
Drivers and Restraints Automotive electronic braking system market is advancing towards a steady growth owing to multiple benefits over the conventional systems such as a reduction in a number of brake system components, lower maintenance, predictive braking controls, and improved diagnostic of the complete system. The rising demand for passenger cars and light commercial vehicles is primarily fueling the sales of automotive electronic braking systems. With the advent of electric and hybrid cars in emerging markets, demand for effective braking systems that assist in an overall reduction of vehicle weight, and improving vehicle efficiency is high. Therefore, the need for automotive electronic braking systems is anticipated to escalate significantly. On the other hand, the capital intensive nature of the equipment is likely to have a hindering impact on the sales of the automotive electronic brake system market over the review period. Segmental Analysis The global market for automotive electronic brake system is segmented on the basis of vehicle type, components, technology, sales channel, and region. The vehicle type segmentation of the market is done into passenger vehicles and commercial vehicles. The technologies deployed in the global market for automotive electric brake systems are autonomous emergency braking, brake assistance, electronic stability control, and anti-lock braking systems. The vehicle segment is further segmented as sensors actuators, control units, and others. The sales channel segment is bifurcated as OEM and aftermarket. Regional Analysis On the basis of region, the global automotive electronic brake system market is segmented into Europe, North America, Asia-Pacific, and the Rest of the World. North America is one of the major regional markets for automotive electronic brake systems and is slated to attain the most significant market share over the review period. Factors such as the recent government regulations and initiatives to enhance vehicle safety and the presence of leading automobile manufacturers in this region are predicted to fuel the market in the North American region. The US is touted to lead the automotive electronic brake system market in the North America region. The rising demand for advanced safety systems in vehicles is expected to drive the demand for automotive electronic brake systems in the US. Europe is poised to account for the substantial market share over the assessment period. The augment in the production and sale of vehicles and rising demand for advanced safety features are the factor fueling the automotive electronic brake system market in the Europe region. Additionally, Asia-Pacific is estimated to dominate the market during the forecast period. The presence of strict safety norms and firm government regulations towards vehicle safety in countries like Japan, South Korea, India, and China are poised to drive the Automotive Electronic Brake System growth in the Asia-Pacific region. China, with its large vehicle production and sales and is expected to hold the prominent market share in the Asia-Pacific region. The demand for the automotive electronic brake system in the Rest of the World region is driven by the growing GDP of the countries and the rising demand for passenger automobiles over the review period. Competitive Analysis The major market players identified by MRFR in the global Automotive Electronic Brake System market include Knorr Bremse AG (Germany), Continental AG (Germany), Advics Group (US), Autoliv Inc. (Sweden), Denso Corporation (Japan), Delphi Automotive Plc (US), Haldex AB (Sweden), Robert Bosch GMBH (Germany), ZF TRW Automotive (US), Wabco Holdings Inc. (US), among others. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/automotive-electronic-brake-system-market-6909
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Asphalt Shingles Market Industry Analysis, Size, Share, Growth, Trends and Forecast - 202310/12/2020 As per a detailed analysis by Market Research Future (MRFR), the global asphalt shingles market can garner USD 8 billion, registering a CAGR of 5.8% during the forecast period (2018-2023). The surging investments in R&D activities and product innovations are considered to offer the market a boost. Asphalt shingles are considered the most common roofing materials which are extensively used in several construction projects globally. They are highly used as roof-covering on small residential projects, single homes, and row houses to protect from fire, thunderstorms, moss and algae growth, and hailstorms. They reflect heat waves in summer effectively and also reduces the need for air-conditioning by keeping the houses cool. Asphalt shingles are available in several textures and colors and are highly used to enhance the aesthetic value of homes.
Market Potential and Pitfalls Asphalt shingles market is experiencing a tectonic surge across the globe as they are cost-effective and easy to install when compared to other types. These benefits fuel the overall demand for shingles in the renovation and construction, especially in the developed regions of Europe and North America. The extreme climatic conditions in these regions have led to the adoption of these shingles beside the demand for aesthetics in the roofing systems. The construction system has witnessed moderate growth with the inflating number of new residential buildings and renovation projects due to rapid urbanization. The booming construction sector has thus contributed to the growth of the asphalt shingles market across the globe. With the emerging trends like investments, material and product innovation, and others are impacting the dynamics of the construction sector directly. With global warming impacting climate change, countries are experiencing extreme weather conditions. The extreme weather conditions encompassing several regions is one of the prime factors fueling the adoption of asphalt shingles. On the contrary, several factors are predicted to affect the cost of asphalt shingles’ demand and supply. For instance, the cost of petroleum products which are extensively used to manufacture asphalt shingles, based on domestic and foreign provenance is likely to deter the market growth in the foreseeable future. Global Asphalt Shingles Market: Segmental Analysis The global asphalt shingles market has been segmented on the basis of material, type, and application. By mode of type, the global asphalt shingles market comprises laminates, heavy laminates, and strip. Among these, the strip asphalt shingles segment is likely to experience the fastest growth rate as they are light in weight and cost effective when compared to other types. By mode of material, the global asphalt shingles market has been segmented into organic and fiberglass. Among these, the fiberglass segment is likely to acquire the largest share in the global market as they offer properties like fire resistance, durability, and lightweight. The application segment constitutes new construction, and renovation/remodeling. Among these, the renovation/remodeling dominates the global market owing to the high spending in the commercial as well as in the residential spaces on repair and remodeling works. Regional Insights Geographically, the asphalt shingles market has been studied under regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW). Considering the global scenario, the European and the North American regions are likely to acquire a larger share in the global market and is likely to retain its position in the coming years. The growth can be ascribed to the presence of extreme weather condition in these two regions. The surging investments in R&D activities for advanced materials are considered to influence the market growth in these regions positively. The Asia Pacific region occupies a notable share in the global market during the review period. The inflating number of construction projects backed by strong investment inflows in the residential as well as commercial construction in India and China are likely to encourage the market growth. The increasing renovation and development of IT parks, SEZs, residential projects, and airports in Indonesia, China, and India is considered to trigger the demand for asphalt shingles in this region. Industry Updates Big Roofs Austin of Austin, TX, a roofing contractor who serves all of Travis County, has recently declared that they are likely to provide asphalt shingle roof installations in and around Austin. The company also mentioned that they will start to offer asphalt shingle roofs and will continue to offer asphalt roof contracting services in the coming years. Competitive Dashboard The prominent players operating in the global asphalt shingles market comprises Certain Teed Corporation (US), Owens Corning (US), TAMKO Building Products, Inc. (the US), IKO Industries, Ltd. (Canada), Siplast, Inc. (the US), Tarco, Inc. (the US), Malarkey Roofing Products (Portland), Henry Company LLC (US), Atlas Roofing Corporation (US), and Polyglass U.S.A., Inc. (US). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/asphalt-shingles-market-7172 The demand for construction supplies is anticipated to influence the growth of the roofing tile market globally. Reports that deliver insights into the construction industry has been presented by Market Research Future, which creates reports on industry verticals that judge the market progress and options for growth. An income level valued at USD 27.4 Billion is expected to be gained with a 4.2 % CAGR approximately by 2025.
The rise in remodeling projects for housing complexes and other important building structures is expected to motivate the market for roofing tiles in the approaching period. The amplified acceptance of retrofitting projects is expected to open up new avenues for growth of the roofing tiles market in the approaching span of time. Segmental Analysis The segmental insight into the roofing tiles market has been segmented on the basis of type, region, and application. Based on the type, the roofing tiles market has been segmented into concrete, metal, clay, and others. Based on the application, the roofing tiles market has been segmented into commercial, residential, infrastructural, and industrial. On the basis of regions, the roofing tile market sis segmented into Europe, Asia Pacific, North America, Middle East, Africa, and South America. Detailed Regional Analysis The regional examination of the roofing tile market has been segmented on the basis of Europe, Asia Pacific, North America, Middle East, Africa, and South America. The market in the Asia Pacific region is dominating the global market for roofing tile, followed by the North American region. The national market in China is estimated to be the principal customer for roofing tiles market and controlled the principal market portion in terms of the value and volume in the region. This is accredited to the development of the building and construction industry along with the development in the financial circumstances in this region that are leading to the upsurge in demand for roofing tiles. Competitive Analysis The enhancement of substitute resources is likely to augment the whole product supply in the approaching years. The progress impetus of the market is projected to observe a productive jump in the forthcoming years. The enhanced accessibility to improved resources and upgraded ease of access to said resources is anticipated to produce a potential for expansion in the coming years. The opposition in the market is foreseen to rise up in the nearby future as the user base develops with increased production of quality products. Though, the impetus of auspicious policies laid down by administration bodies and trade institutions is projected to create an inspiring advance rate. The perfection of production assets is anticipated to additionally reflect clearly on the general growth picture of the market. Also, improved obtainability of resources from investment titans and venture capitalists is projected to endorse a promising development outlook in the market in the imminent period. The important players functioning in the roofing tiles market are Etex Group (Belgium), Ecostar LLC (US), Boral Limited (Australia), Atlas Roofing Corporation (US), Tesla (US), Brava Roof Tile (US), Crown Roof Tiles (US), Eagle Roofing (US), Red Land Tiles, and Wienerberger AG are a few of the other companies in the market. Industry Updates: Nov 2019 Russell Roof Tiles, a roof tile manufacturer, has invested £50,000 in the enhancement of its systems, equipment, and technology. The investment is a part of the firm’s capital development plan to additionally improve quality through the business by utilizing cutting-edge advances in manufacturing. The investment also comprises of the installation of novel technology to guarantee augmented traceability. The company manufactures nearly one million roofing products per week and has achieved revenue touching £30 million in 2018. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/roofing-tiles-market-8534 Aluminum Curtain Wall Market Upcoming Trends, Growth Drivers and Challenges – Forecast to 202310/12/2020 Aluminum Composite Panels Market Growth Drivers, Opportunities and Forecast Analysis to 202210/12/2020 Aluminum composite panels are light composite materials comprising of two pre-finished covers sheets of aluminum that are heat-bonded to a core made up of polyethylene plastic material. These aluminum panels are used broadly as exterior coverings of corporate houses and commercial buildings and infrastructures.
Aluminum composite panels holds its application across various kinds of structures around the globe. Its wide-ranging application is proliferating the growth of the global market in a significant manner and driving considerable demand for the product. A study was conducted upon the global aluminum composite panels market to grab a precise understanding concerning the growth, drivers, regional diversification, and the competitive landscape of the market. The study undertaken by Market Research Future (MRFR), mentions that the market is projected to grow at compound annual growth of 6% during the forecast period. A number of factors were identified as the key influencers of the global market. The growing construction sector across the world contribute significantly to the rising demand for aluminum composite panels. This is expected to strikingly benefit the global market in the coming years of the forecast period. Furthermore, the expanding number of commercial buildings and corporate houses is projected to stimulate a positive influence over the market. Additionally, the burgeoning construction activities are anticipated to create and positive opportunities for the growth and development of the aluminum composite panel market. Market Segmentation The global aluminum composite panels market is segmented in terms of coating base, type, and application. By type, the market segments into anti-static, anti-bacterial, and anti-static. By coating base, the market includes polyethylene (PE) and polyvinylidene difluoride (PVDF). By application, the market breaks down into building & construction, advertising boards, and transportation. Regional Analysis The global aluminum composite panels market covers the following key regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW). The Asia Pacific regional market is the dominant player in the aluminum composite panels market and is anticipated to attain a positive CAGR over the forecast period. The presence of nations like Australia, japan, China, and India further aids the regional market in driving more growth and demand. This is due to the fast-paced industrialization and the subsequent rate of investments in the building & construction industry. Add to this, the improving financial conditions in the region is another key factor backing the growth of the market. The North American regional market, on the other hand, is projected to experience significant growth rate through the forecast period due to the rising use of composite panels for decorative and cladding Competitive Landscape The global aluminum composite panels market includes a number of key players. Market Research Future goes on to highlight some of the leading names in its recently released report. This include Jyi Shyang Industrial Co., Ltd. (Taiwan), Alcoa Inc. (U.S.), Alumax Industrial Co., Ltd. (Taiwan), Mitsubishi Plastics, Inc. (Japan), Shanghai Huayuan New Composite Materials Co., Ltd. (China), Guangzhou Xinghe ACP Co., Ltd. (China), Changshu Kaidi Decoration Material Co., Ltd. (China), American Building Technologies, Inc. (U.S.), Msenco Metal Co., Ltd. (China), Yaret Industrial Group (China), and others. The global market is expected to expand at a considerable pace in terms of the competitive viewpoint. The advancing nature of the market is anticipated to be driven by the heightened investment level and the growing number of product developments. The competitors in the market are vividly fighting against the challenges related to development and are consistently making strategies to make an impression on the global competitive landscape. December 2018, Oman made a monumental inauguration by launching its first-ever aluminum composite panel (ACP). May 2019, a fire retardant of ACP used for construction-based projects worldwide, namely etalbond FR, was announced into the market as a major development. This fire retardant is manufacturerd by Elval Colour. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/aluminum-composite-panels-market-2631 Global All-Terrain Vehicle (ATV) Engines Market – Overview
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. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/all-terrain-vehicle-engines-market-7154 Air Brake System Market Upcoming Trends, Growth Drivers and Challenges – Forecast to 202310/12/2020 Between 2018 and 2023 (forecast period), the global air brake system market 2020 can possibly advance at a rate of 4.3%, as per the exhaustive research by Market Research Future (MRFR).
Growth Inducers and Main Restraints The air brake system market has gained substantial momentum in conjunction with the rising concerns about vehicle and driver safety among end-users. These concerns have prompted the manufacturers to develop innovative and advanced air braking systems. The manufacturers are increasingly developing air brakes with more features including brake failure warning system, to gain the interest of more consumers around the world. These manufacturers are also collaborating with automotive part suppliers and distributors in the aftermarket industry in an attempt to up their sales. More and more renowned vendors are increasing their investments in research and development (R&D) to design innovative systems and also elevate their position in the fiercely competitive market. The introduction of software updates in air brake systems to enhance the performance of these systems is also likely to emerge as a saleable trend in the market during the analysis period. With the rapid surge in the vehicle production, the advanced braking systems are expected to witness a hike in demand in the following years. The market also notes the increasing launch of advanced air brake technologies as well as electronic systems like ESC and ABS, which can promote the market growth over the ensuing years. The regenerative braking concept is set to gain massive traction in the automotive industry. More and more manufacturers are now busy formulating novel technologies that can integrate the regenerative braking technology with air brakes. This factor is deemed to have a positive influence over the global air brake system market during the given timeline. Market Segmentation The air brake system market has been covered extensively in the report with respect to component, brake type, vehicle type and application. The components discussed in the report are Reservoirs, Compressor, Brake Chambers, Foot valve, and others such as rotors and pads, slack adjuster and air dryer. The break types are air disc as well as air drum. The vehicle types in the market include passenger cars as well as commercial vehicles. The various applications of air brake systems are off-road vehicles and on-road vehicles. Regional Study The regional study of the air brake system market includes Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW). With the rapid growth in the production of commercial vehicles in the United States (US), Mexico and Canada, North America can soon reach the top position in the global market. In the region, there are various strict government rules to bring down the stopping distance and the brake shoe residue. This has compelled the leading air brake manufacturers to come up with advanced brake systems that are compact and can enhance the performance characteristics that adhere to the government rules. The rising demand for automotive safety along with the increasing steps being taken to improve can foster the growth of the regional market in the approaching period. APAC is all set to achieve the fastest CARG over the upcoming years, on account of the rising disposable income of people in India and China. These countries are also observing a rapid surge in population, focus towards driver safety as well as urbanization, which elevates the market demand. The high production of commercial vehicles, continuous technological innovations and the mounting awareness among renowned manufacturers about the ill effects of carbon footprints also pushes the business growth in the region. The European market profits from the widespread establishment of well-known manufacturers like ZF, Haldex and Knorr-Bremse, and more. Leading Companies The air brake system market comprises numerous leading competitors like WABCO (USA), TSE Brakes (USA), Meritor (USA), Haldex (Sweden), Wabtec Corporation (USA), Nabtesco (Japan), Knorr-Bremse (Germany), Sorl Auto Parts (China), Federal-Mogul Corporation (USA), ZF (Germany), to name a few. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/air-brake-system-market-7204 As per a detailed analysis by Market Research Future (MRFR), the global facades market is likely to garner USD 180 billion, registering a CAGR of 5.7% during the forecast period (2018-2023). The booming construction activities across the globe are encouraging the growth of the market. Facades can be defined as the principal font of a building which faces on to a front open space or a street. The materials protect the interiors of a building and also alleviates its looks. Facade panels are generally cost-effective for the expensive infrastructure as they reduce the cost of the adhesive or cement purchases. They are also cheaper than stone decorations which are used to enhance the aesthetics of a building front. The market is witnessing applications for energy-saving and high-performance solar control facades, which contribute to eco-sustainability and higher economic benefits.
Market Potential and Pitfalls The construction sector has been witnessing an unprecedented growth in the recent past with growing remodeling and renovation projects along with new residential buildings due to rapid urbanization across the globe. The boom in the construction activities is backed by the advancing technology in the emerging countries, which is creating high demand for building materials, including facades. One of the recent innovations includes the development of energy-saving facade materials. These recent innovations, along with an increasing focus on safety capabilities and aesthetics, the facades market is likely to gain momentum in the foreseeable future. The market’s course is chiefly directed by the plummeting customer spending power, especially in China, India, Japan, Brazil, and other GCC countries. The growing need to offer a secure work environment for the employees of an organization is also promoting the growth of the market. Urbanization and modernization also play a crucial role in the growth of the market. Factors like fabrication, waterproofing, resistance to extreme climate, and durability play an important role in the construction of facades. Moreover, the green buildings have gained huge prominence, which is anticipated to dictate the growth trajectory of the market. The mammoth demand for high-transparency glasses, which allows the passage of light besides maintaining heat resistance is expected to shape the future of the facades market. On the contrary, the high cost of facades is anticipated to restrict the growth of the market during the assessment period. Global Facades Market: Segmental Analysis The global facades market has been segmented on the basis of material, product, and end-user. By mode of product, the global facades market has been segmented into ventilated, and non-ventilated. Among these, the ventilated facades segment is likely to experience high growth due to its several benefits in terms of better aesthetic appeal and energy savings as these facades are highly attractive in color, design, and textures. They are also soundproof and help to reduce heating and air-conditioning cost, thereby promoting the growth of the segment. The material segment of facades market constitutes of wool, glass, aluminum, and others. Among these, aluminum and glass occupy a major share in the global market. The growth is ascribed to the superior properties like flexibility and durability. Glass is preferred over other materials by the construction developers owing to their light weight which reduces the weight on the foundation of the building. Glass used in facades also helps to reduce the energy consumption and low maintenance cost. Based on end-users, the facades market comprises commercial, residential, and industrial. Among these, the commercial segment dominates the market. The steady expansion of manufacturing units and multi-national companies has led to the construction of office spaces and allied manufacturing units. This is further attributed to the rising spending by the corporates on several developments, which has generated a high demand for facades in this segment. Regional Frontiers Geographically, the facades market has been studied under regions namely, Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW). Considering the global scenario, the European and the North American regions are likely to acquire the largest market share in the global market. The regions are expected to retain their dominance in the coming years due to the surging investments in R&D for advanced materials. As these regions are highly adaptive to the latest technologies, the proliferation of the product is high in both residential as well as commercial sectors. This further influences the growth of the market. The Asia Pacific region bags a considerable share in the market as the region has experienced a growing number of construction projects backed by huge investments in the residential and commercial constructions in India and China. The booming construction activities of industrial and commercial buildings, especially in economies like India, China, and Southeast Asia are promoting the growth of the market. The development of eco-friendly and innovative materials is further estimated to trigger the demand for facades in this region. Industry Updates May 09, 2019: ODD architects has recently designed a residential tower in Ecuador with facades which are made of terraces and rhythmic archways. This further aims to create a biophilic barrier between the urban setting and structure. The firm has also unveiled plans for the sunflower tower to increasing urbanization without the consideration for the natural landscape. Competitive Dashboard The prominent players operating in the global facades market comprises Permasteelisa S.p.A. (Italy), Enclos Corp. (US), Jinjiu Sci-Tech New Material Co. (China), Walters & Wolf (US), Rautaruukki Corporation (Finland), Harmon Inc. (US), EOS Facades Limited (England), Hansen Group (Denmark), National Enclosure Company, LLC (US), and Rockpanel Group. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/facades-market-7076 |