Market Research Blog – Page 10617 – New Product Development

Natural Pet Food Market Set for a Massive Hit in and Post 2022, with Corona Virus Outbreak Projected to Threaten Global Market

The global natural pet food market is expected to reach a valuation of US$ 13.4 Bn by 2022, accelerating at a CAGR of 4.8% during 2022-2032. The global market for natural pet food grew at a CAGR of roughly 4.3% over the last half-decade owing to surging demand for healthy products across various countries.

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Natural pet food consists of organic ingredients that are free of synthetic fertilizers, pesticides, antibiotics, artificial coloring, and chemical by-products. It has various health benefits for pets, including improved immunity, reduced skin diseases & allergies, lower risk of digestive disorders, increased life expectancy, and enhanced weight maintenance.

Moreover, natural pet treats have high sources of protein, which make it easily digestible. They have no bulk fillers and thus pets would get only wholesome nourishment for remaining active. Natural diet would also enable pets to have proper and predictable bowel movements.

Besides, natural pet supply containing minimum ingredients are considered to be the best option for pets as they go easy on their stomach and offer the required nutrients. Key players nowadays are developing natural pet supplies that are gluten and grain-free, as well as easily digestible to ensure pets get healthier diets.

All natural pet food further helps in ensuring a healthy, happy, and long life of pets. It provides stronger immunity and thus premium brands are coming up with nutritionally complete food across the globe. High disposable income and increasing demand for safe pet food are expected to surge the inclination of consumers towards premium brands from grocery store varieties.

Growing awareness about negative health impacts of synthetic pet food and rising trend of pet humanization are likely to push demand for organic pet food. Many pet parents in the U.S. and Europe consider their pets as part of their families and as a result, pets are being fed premium-grade substances.

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Pet owners are becoming aware of their pets’ health and are thus placing a greater emphasis on the safety and nutritional efficacy of the food they feed them. During the projection period, the market would grow at a steady pace due to the rising pet population around the world. Owing to the aforementioned factors, the global natural pet food market is likely to exhibit growth at a CAGR of 4.8% during 2022-2032.

However, high cost of organic food and lack of awareness about this type of pet food among pet owners in emerging countries are impeding the global natural pet food market.

How is the U.S. Natural Pet Food Market Progressing?

“High Demand for Natural Dog Treats in the U.S. to Bolster Growth”

As per FMI, the U.S. natural pet food market is anticipated to generate a share of nearly 65% in North America in the forecast period. Canned pet food category is likely to be worth US$ 5.1 Bn in the evaluation period in North America, accounting for nearly 34% of the global canned food market value.

Presence of various local manufacturers across the U.S. is set to push sales of natural and organic pet products. According to the National Pet Owners Survey 2019-20 conducted by the American Pet Products Association (APPA), 63.4 million households own dogs as pets, accounting for 74.6% of all pet-owning households in the U.S. Thus, increasing focus of dog owners on selecting healthy and nutritious food is driving sales of various types of dog foods across the country.

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What is the U.K. Natural Pet Food Market Outlook?

“Rising Number of Pet Owners in the U.K. to Fuel Sales of All Natural Pet Food”

The U.K. is a leading country in the Europe natural pet food market in terms of share, followed by Germany and France. The Europe canned food market is worth US$ 3.8 Bn and accounts for 31% of the global tinned food market value. Due to the pet humanization trend and high spending on sustainable & safe pet animal food, the U.K. market is expected to grow at a steady pace.

According to the Mars Petcare State of the Pet Nation survey, 72% of pet owners in the U.K. consider themselves to be pet parents. Furthermore, pet owners in the country prefer to buy high-quality and natural pet food, which would contribute to the growth in the market.

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Food Starch Market 2022-2032 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects | FMI

The global food starch market size is expected to reach a valuation of US$ 19.2 Bn by 2022. It is set to accelerate at a CAGR of 6.01% during 2022-2032. The global market is anticipated to reach a valuation of US$ 40.9 Bn by 2032.

Earlier, people used to consume uncooked and unprocessed plants that contained high amounts of starch. Microbes in the large intestine fermented or digested these starch, thereby producing short-chain fatty acids that served as energy, as well as aided in the microbes’ survival and growth.

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But, as the consumption of highly processed foods increased, it became easier to digest and release more glucose in the small intestine, thereby resulting in less starch reaching the large intestine and more energy being absorbed by the body in today’s diets. This shift in power transmission, as a result of eating more processed foods, is resulting in the prevalence of metabolic diseases such as obesity and diabetes.

In order to overcome severe health risks, consumers are including food starch in their daily diet. This factor is expected to propel food starch sales globally as key players are developing innovative products to attract a large consumer base.

The global food starch market grew at a CAGR of 5.6% between 2017 and 2021. The period marked increasing investments in research and developmental activities by key players.

Consumer preference for health and wellness maintenance is expected to drive the market for food starch globally. Cereals and potatoes are considered to be the major contributors of starch in diets. It is beneficial to include starch in an individual’s diet as it has functional ingredients that help to prevent weight gain and can eliminate severe symptoms of obesity.

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Consumers are also preferring gluten-free products, which is expected to push food starch demand across the globe. In order to fulfill the rising demand for low calorie and low fat products, starch is being used as an additive in breads, cookies, bread rolls, and sauces.

Owing to the aforementioned factors, the global food starch market is anticipated to exhibit growth at a CAGR of 6.01% during the forecast period (2022-2032).

“Restaurants and Cafes in the U.S. to Extensively Use Cooking Starch”

The U.S. is one of the leading markets for food starch as it is highly used in ready-to-eat premixes. It is also used in many high-end restaurants and local cafes to make numerous cuisines. Demand for food starch is expected to rise with the growing trend of consumer snacking in the country.

Demand from other countries in North America like Canada is expected to grow owing to wide applications of food starch in the chemical, textile, paper, and animal feed industries. As per FMI, the U.S. food starch market is expected to reach a valuation of about US$ 3.5 Bn in 2022, which is approximately 23% of the global market, says FMI.

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Food Stabilizers Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2032 | Says FMI Analyst

The food stabilizers market is valued at US$ 2.8 Bn in 2022 and is projected to grow at a CAGR of 5.5% during the forecast period, to reach a valuation of US$ 4.7 Bn by 2032. Furthermore, with rising application of food stabilizers in bakery products, confectionery items, dairy products, beverages, etc. the overall food stabilizers demand is projected to grow at a year-on-year (Y-o-Y) growth rate of 4.8% in 2022.

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Food stabilizer, an external agent which is added to food products, assists in enhancing the products chemical and physical characteristics, and improves product texture. Available in plenty, food stabilizers can be found naturally (agar agar, carrageenan, pectin, and others) or made synthetically (phosphates, diphosphates, pyrophosphates, and others). They preserve the structure of foods and make them more appetizing to consumers.

Rising usage of food stabilizers for preventing oil, water emulsions from separating in products such as salad dressings, eliminating the ice crystal formation in frozen foods, and preventing fruit from settling in products like jams and yoghurt, is likely to bolster food stabilizers sales during the assessment period.

The global food stabilizers demand is slated to grow at 5.5% CAGR between 2022 and 2032, in comparison to 4.6% CAGR registered between 2017 and 2021. Increasing production and consumption of packaged food products and growing demand for preserving foods for longer durations are driving growth in the food stabilizers market.

Food product manufacturers rely on food stabilizers to ensure that the end products can maintain the highest possible quality in transit to the customers. As the shelf life of food products gets extended while using food stabilizers, the product has been in demand among food products manufacturers as well as consumers who want to preserve food at home.

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Within food stabilizers market, pectin, plant source, stability as function, dairy and desserts as application, and B2C sales channel segments are projected to reflect favorable growth outlook in terms of revenue, according to the annual market analysis conducted by Future Market Insights.

Rising Consumption of Packaged Food Products to Ignite Food Stabilizer Sales”

With rapidly growing population and increasing disposable income, there has been a robust surge in the production and consumption of packaged food products. Consumer across the world spend large amounts on processed and packaged food products.

In order to improve the quality of these packaged food products as well as to increase their shelf life, manufacturers are increasingly using additives like food stabilizers and emulsifiers.

Thus, rise in production and consumption of food stabilizers will eventually boost food stabilizer sales, which in turn will expand the food stabilizers market size during the forecast period.

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Dry Mixes Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive.

Dry mixes are food ingredients ready mix that is mostly used in the food, bakery, and confectionary for the preparation of the food products. Dry mixes comprise of different grain blends, spices mixes, baking mix, curry seasoning mix and other mixes used in the application of the food and beverages.

Dry mixes can be used to make a wide variety of food products from soups to baked goods. Dry mixes mainly come in flake, granular, powder and crystal form depends on the use of the mixes in the food and beverages industry. Dry mixes supplied with packing for long-term preservation purpose along with the added preservatives for longer shelf life.

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Dry mixes Market: Drivers & Restraints

Rising use of ready to use food products in the food parks, dairy and HoReCa (Hotel Restaurants and café) is the key drivers for the growth of the global dry mix market. Additionally, the increasing time-saving features in the baking industry and other food industries.

Some of the dry mixes can be used in the houses as ready to use mixes can be less time consuming and can match the instant food lifestyle of consumers. Commercial places and offices drives the market for the dry mixes as it is used in ready to cook food for employees and have less time consumption rate.

The utilization of dry mixes in the food and beverages industry is to prepare the food products. Dry mixes market is expected to grow with the growing demand for the food and beverages due to increasing per capita income, increase in population and changing the lifestyle of consumers.

Furthermore, unstable demand and supply ratio is expected to restrain the market growth of dry mixes. Lack of awareness of developing economies and fluctuating prices of raw materials are expected to hinder the market growth for dry mixes across the forecast period.

Dry mixes Market: Regional outlook

Regarding geography, Dry sweeteners market has been categorized into seven key regions including North America, Western Europe, Japan, Asia Pacific excluding Japan, Eastern Europe and the Middle East and Africa.

The dry mixes market is expected to register healthy growth during the forecast period as the food and beverages market is growing across the world. The Asia Pacific represents the considerably high market share and grows with higher growth rate as the food and beverages market is growing in the region rapidly due to the rising population and changing the lifestyle of consumers.

Moreover in North America and Latin America is a growing market according to the high capita income and due to demand of the consumers for instant food. The dry mixes market is steadily increasing with the increasing demand of the confectionary and bakery foods across the globe. Along with the growth of the food and beverages market the Dry mixes market is expected to grow in the forecast period.

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Dry mixes Market: Market Segmentation

The dry mixes market is segmented into different parts based on the product type, end-user, distribution channels, and geography. Among end user, dry mixes for the HoReCa (Hotel, Restaurants, and Café) is leading with maximum market share and second largest end user is dairy and bakery industry which maintains the second position in the market.

The increasing use of the dry mixes in the food and dairy industry is expected to grow with the end user segment is widening the wings into the market. The dry mixes come in the different product type as like grain blends, spices mix, baking mix, curry seasoning mix and other mixes. The rising consumption of the instant food, dairy and bakery products are raising the demand for the dry mixes.

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Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current, and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

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Squash Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights 2032

The global squash market is forecasted to be valued at US$ 1,510.6 Mn by 2032, up from US$ 1,027.6 Mn in 2022, advancing at a CAGR of 4.7% during the forecast period.

The growing popularity amongst consumers of plant extracts and botanical ingredients in their beverages is expected to surge the demand for squash. However, the increased preference for other fruit-based drinks or freshly prepared fruit juice is expected to hinder the market size.

On the contrary, the availability of squash drinks on both online and retail platforms, as well as the growing awareness of the benefits of consuming squash, is likely to estimate to generate revenues for the market.

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The sports industry increases the demand for low-calorie, plant-based and mineral-rich beverages due to their ability to resolve issues related to dehydration. This is attributed to the significant squash market growth, owing to the similar properties of squash drinks to isotonic drinks.

Manufacturers are adopting packaging solutions, which will extend the shelf life of squash drinks. Moreover, manufacturers are tapping into the e-commerce platform to expand their product portfolio to a wider audience.

Robinsons recently launched a EU€ 6.4 Mn campaign known as ‘Let There Be Fruit’, to bring their squash portfolio to the forefront. Strategies like these are anticipated to significantly enhance the market share on a global basis.

What are the Key Aspects that Drive the Squash Market?

Increasing demand for non-alcoholic products is expected to drive the sales of squash. Moreover, health-conscious consumers are positively impacting the market share owing to the nutritional properties of the squash fruit.

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The rise in the consumption of natural fruit juices, along with the growing popularity of consuming ready-to-drink (RTD) beverages, are likely to expand the market size. Furthermore, the popularity of squash is likely to surge owing to the increasing growth of the natural sweeteners market.

The increasing disposable income of consumers in developing consumers has improved their purchasing power, which is anticipated to surge the adoption of squash. Additionally, the fibre content in squash aids in the improvement of the digestive system, which further aids in weight loss, therefore bolstering the market growth.

Climate change causes heat waves and raises the consumption of healthy, refreshing drinks, which is expected to propel the market share. In addition to this, diabetic patients requiring sugar-free food and beverages significantly contribute to the growth of the market.

The availability of a variety of flavours of squash drinks without the presence of sugar is anticipated to boost the market share. Furthermore, manufacturers using recycled PET bottles are increasing squash sales due to the rise in awareness about the reduction of plastic pollution.

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The increasing cost of research and development (R&D) activities are expected to challenge the market share. Moreover, high fructose content in certain squash beverages which may cause some health issues, is likely to hamper the global squash market growth.

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Wire Rope Sling Market Latest Advancements and Business Opportunities 2032

Global Wire Rope Sling Market demand is anticipated to be valued at US$ 2.5 Billion in 2022, forecast to grow at a CAGR of 4.55% to be valued at US$ 3.9 Billion from 2022 to 2032. The growth of the Wire Rope Sling Market is attributed to its global utilization across the Automotive industry.

This Wire Rope Sling market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wire Rope Sling market.

Wire Rope Sling Market: Introduction

Wire Rope Sling is a significant piece of rigging hardware used in lifting and hoisting activities. It is widely used in various sectors. Wire Rope Slings attach the load to the lifting device and are accessible in a wide range of settings supporting a wide variety of apps. Wire Rope Slings being a solid equipment is ideal for heavy duty jobs such as load anchoring, carrying, towing, and loading. Wire Rope Slings are utility-oriented wire rope assemblies used for climbing and crane operation. Usually, these are made from steel wire ropes with terminations at the end.

Wire Rope Slings are manufactured as single, multi-part, or endless slings. Wire Rope Slings are used for multipurpose operations such as rigging, hoisting, and raising. Wire Rope Slings are constructed in many types, but mostly all Wire Rope Slings are made from galvanized or un-galvanized spiral wire strings fashioned wire ropes. The Wire Rope Sling market is estimated to witness a significant growth because of easy availability and reliability factors.

Wire Rope Sling Market: Market Dynamics

Over the past decade, the marine industry has been one of the eminent drivers responsible for the rising demand of the Wire Rope Sling market. The Wire Sling Rope is an imperative rigging feature in the manufacturing industry as it involves substantial heavy duty charging and heavy object moving. This in turn boosts the Wire Rope Sling market. In the manufacturing, mining, shipping and industries that use cranes for medium and heavy lifting applications, are conventionally seen to make use of the Wire Sling Rope. In addition, Wire Rope Slings avoid kinkling, grinding, cuts, impact, and abrasions as compared to other products.

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Wire Rope Sling Market: Market Participants

Some of the key market participants of the global Wire Rope Sling Market are:

Lift-All
Super Slings
Midco Sling
UNIROPE LTD
Page Wire Rope
Mid-America Rigging L.L.C.
WireCo
Certex USA
Gunnebo Industries AB
Holloway Houston, Inc
Bishop Lifting Products, Inc
Ashley Sling, Inc.
Slingmax® Rigging Solutions

Wire Rope Sling Market: Market Segmentation

Based on design, the global Wire Rope Sling market can be segmented into:

Eye & Eye Slings
Bridle slings
Nine-part slings

Based on end use, the global Wire Rope Sling market can be segmented into:

Offshore service equipment
Installation of oilfield drilling
Subsea lifting application
Construction & industrial lifting

Based on sales channel, the global Wire Rope Sling market can be segmented into:

Direct Sales
Distributor

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Report Highlights:

A detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size regarding volume and value
Recent industry trends and developments for Wire Rope Sling Market
Competitive landscape for Wire Rope Sling Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Cylinder Head Cover Market – Future Scenario, Key Insights, Top Companies 2032

The market report envelopes an all-in information of the global Cylinder Head Cover market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Cylinder Head Cover market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Cylinder Head Cover market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Cylinder Head Cover market.

The global cylinder head cover market is estimated at US$ 93.39 Million in 2021 and is likely to secure a value of US$ 94.69 Million in 2022, reflecting a year-on-year increase of 1.4%. The market is anticipated to procure around US$ 115 Million while recording a CAGR of 2% during the forecast period from 2022 to 2032. Increasing efforts by the government of various countries to enhance fuel efficiency and lessen fuel emissions are expected to play a significant role in driving the market during the forecast period.

Key segments covered in the global Cylinder Head Cover market report by product type include

In line engine
V type engine
W type engine

The Cylinder Head Cover market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

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By Vehicle type, the global Cylinder Head Cover market consists of the following:

Passenger Car
Compact
Mid-Size
SUV
Luxury
Commercial Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

The Cylinder Head Cover market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Cylinder Head Cover market.

Prominent players covered in the global Cylinder Head Cover market contain

Genmot Crankshaft Industry
Shanghai Kowin Automotive Components Co., Ltd.
Dana Limited.
BRUSS North America
Lioho Machine Works
Vinod And Company
ElringKlinger AG
Sogefi SpA
MPC
MAHLE GmbH

All the players running in the global Cylinder Head Cover market are elaborated thoroughly in the Cylinder Head Cover market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Cylinder Head Cover market players.

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The Cylinder Head Cover market analyses the following important regions:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Poland, Russia)
South Asia (India, ASEAN, Rest of South Asia)
East Asia (China , Japan, South Korea)
Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)
Oceania ( Australia, New Zealand)

The Cylinder Head Cover market report answers the following queries:

Why consumers are highly inclined towards the consumption of segment in the Cylinder Head Cover market?
What are the opportunities available for players operating in the global Cylinder Head Cover market?
Which trends have the maximum impact on the growth of the global Cylinder Head Cover market?
Why region leads the global Cylinder Head Cover market?
What are the drivers and restraints affecting the market size of the global Cylinder Head Cover market?

What the report encloses for the readers:

Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
A to Z of each player – positives & negatives, current status, future developments – of the global Cylinder Head Cover market.
Detailed information regarding the trends influencing the growth of the global Cylinder Head Cover market.
In-depth assessment on the utilization of Cylinder Head Cover in each end use industry.
Historical data and future growth outlook of the global Cylinder Head Cover market.

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Automotive Clutch Rotor Market is Set to Experience Revolutionary Growth by 2032

The global automotive clutch rotor market is estimated at US$ 10.45 Billion in 2021 and is projected to secure a value of US$ 10.91 Billion in 2022. The market is anticipated to secure US$ 14 Billion and record a CAGR of 7% during the forecast period from 2022 to 2032.

Automotive Clutch Rotor Market: Introduction

The automotive clutch rotor is mostly used in the electromagnetic clutch. The automotive clutch rotor is a combination of coil and backing plate, wherein the coil provides magnetic flux which allows the clutch to pull in. The automotive clutch rotor provides input rotation as it is connected to an input shaft of the clutch. In most instances, the automotive clutch rotor is consistently rotating with the input (driving shaft), so it needs to possess high rotary strength. The automotive clutch rotor types are one-piece and two-piece. In which one-piece solid forged automotive clutch rotor has no internal parts separation which provides more strength to the product and hence is most preferred.

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Automotive Clutch Rotor Market: Dynamics

The growing usage of the smaller electromagnetic clutch for driving the compressor of air conditioning system in the vehicle is likely to boost the demand for automotive clutch rotors since it is an integral part of the system. Various manufacturers are focusing on reducing the wall thickness of the automotive clutch rotor around the coil which gives maximizing torque and optimum flux distribution. This is expected to remain a prominent trend among the automotive clutch rotor manufacturers.

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Numerous manufacturers are using the six spring design, which provides even dynamic braking force and allows greater overall armature movement in the electromagnetic clutch system. Also, the effectiveness and improved performance imparted due to the quality of the electromagnetic clutch to its existing substitute could promote the market. Among sales channels, the aftermarket of the automotive clutch rotor is expected to have a significant share on the back of the enormous vehicle fleet in the global market. Since the automotive clutch rotor is only limited to the electromagnetic clutch and has various substitute products, such a centrifugal clutch, semi-centrifugal clutch, hydraulic clutch among others, these substitute products are anticipated to challenge the demand for automotive clutch rotor market globally.

Automotive Clutch Rotor Market: Regional Outlook

China is expected to have a prominent market share in the automotive clutch rotor market owing to outsized automotive vehicle production in the country. According to the OICA (International Organization of Motor Vehicle Manufacturers), Asia Pacific holds nearly one-third of car production, as per which the region is likely to grasp a prominent share in the automotive clutch rotor market in the upcoming years. Latin America is expected to record a decent growth over the foreseen year owing to significant developments in automotive industry in Brazil and Mexico. North America is expected to register nominal growth in the automotive clutch rotor market, while Europe is expected to hold prominent share in the global automotive clutch rotor market owing to high automobile production in the region. The Middle East & Africa automotive clutch rotor market is likely to witness moderate growth as compared to other regions owing to lower automobile production in the region.

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Automotive Clutch Rotor Market: Key Market Participants

List of some of the prominent market participants in automotive clutch rotor market are:

OGURA CLUTCH CO., LTD.
Indo Flux Engineers
Vortex Engineering Works India Pvt. Ltd.
Global Autotech Ltd
Magtrol
EIDE
Deltran Clutches & Brakes
Schaeffler
AMS Automotive
ElectroMagneticWorks, Inc.
AussieBrakes&Clutches

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Automotive Blind Spot Monitors Market Analysis by Size, Share, Growth, Trends up to 2032

The automotive blind spot monitors market is likely to record a promising CAGR 13% during the forecast period. The market is currently valued at US$ 15.38 Bn and is likely to reach US$ 46.94 Bn by 2032.

Automotive Blind Spot Monitors Market: Market OutlookAn automotive blind spot is an area around a vehicle that is invisible to the operator or driver, either by direct line of sight or in-directly by use of external and interior mirrors. Automotive blind spots make it difficult for drivers and operators to identify potential dangerous situations for near approaching vehicles during overtaking or change of driving lanes, so it is important that everyone driving vehicles or operating equipment on job sites is aware of all automotive blind spots and take action to reduce accidents. Automotive blind spot monitor system assures safety and improved monitoring to the drivers.

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According to the NHTSA (National Highway Traffic Safety Administration), there are more than 750,000 automotive blind spot related accidents each year and about 350 to 400 of them result in severe fatalities. The major companies have come up with several ways to alert the drivers of the presence of the car in their blind spots. Automotive blind spot monitor exist in a wide range of vehicles: aircraft, cars, motorboats, sailboats, and truck. Several manufacturers have used advanced technologies in both passenger and commercial vehicles in order to provide convenience and safety features to the customers.

Automotive Blind Spot Monitor Market: Dynamics

With increasing consumer demand for safety components, the demand for the automotive blind spot monitor system is increasing gradually over the last decade. Furthermore, the growing awareness and government standards about road safety are anticipated to boost the blind spot monitor market. Apart from this, growing sales of the passenger cars, as well as for commercial vehicles, in turn is projected to boost the sales of the automotive blind spot monitor systems.

However, low awareness of the product in developing countries coupled with high cost of technology has restrained the demand of blind spot monitor to some extent. In spite of this restraint, the growing concerns related to passenger security and availability of cost-effective sensors will provide further growth prospects to blind spot monitor system market in new regions. Additionally, global manufactures are installing advanced prototypes of automotive blind spot monitors in self-driving vehicles that will further create more prospective for the automotive blind spot monitor market.

Automotive Blind Spot Monitor Market: Region Wise Trend

Geologically, Western and Eastern Europe region hold a major share in the automotive blind spot monitor system market, followed by other regions. Countries like France, Germany and UK are the main countries in the Western Europe region that have inculcated the use of automotive blind spot monitor system owing to substantial sales of premium and luxury vehicles. Apart from this, the increasing popularity of automotive blind spot monitor system has resulted in increased adoption of automotive blind spot monitor system market.

In terms of revenue, Asia Pacific and North America are considered as the next prominent leading regions. The Asia-Pacific region is expected to grow at the significant CAGR during the forecast period. The growth in this region is mainly attributed to The Insurance Institute of Highway Safety in the US recently released a study that presented the probabilities of causalities in a crash in a late-model vehicle have fallen by one-third in the short span of three years. In fact, technological advances in safety components have reduced the accident rates by such a significant margin, that vehicles being purchased today offer meaningfully better safety components than even those introduced past five years ago.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

Market Segments of Automotive Blind Spot Detection
Market Dynamics of Automotive Blind Spot Detection
Market Size of Automotive Blind Spot Detection
Supply & Demand of Automotive Blind Spot Detection
Current Trends/Issues/Challenges of Automotive Blind Spot Detection
Competition & Companies involved of Automotive Blind Spot Detection
Technology of Automotive Blind Spot Detection
Value Chain of Automotive Blind Spot Detection

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Regional analysis includes:

North America (U.S., Canada) Automotive Blind Spot Detection
Latin America (Mexico, Brazil) Automotive Blind Spot Detection
Western Europe (Germany, Italy, France, U.K, Spain) Automotive Blind Spot Detection
Eastern Europe (Poland, Russia) Automotive Blind Spot Detection
Asia Pacific (China, India, ASEAN, Australia & New Zealand) Automotive Blind Spot Detection
Japan Automotive Blind Spot Detection
Middle East and Africa (GCC Countries, S. Africa, Northern Africa) Automotive Blind Spot Detection

The Floating Fountain report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Floating Fountain provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Floating Fountain also maps the qualitative impact of various market factors on market segments and geographies.

Automotive Blind Spot Monitor Market: Segmentation

On the basis of component, the automotive blind spot Monitor market can be segmented into:

RADAR Sensor automotive blind spot Monitor
Ultrasonic Sensor automotive blind spot Monitor

On the basis of vehicle type, the automotive blind spot Monitor market can be segmented into:

Passenger Vehicle automotive blind spot Monitor
Commercial vehicle automotive blind spot Monitor
- Light Commercial Vehicle automotive blind spot Monitor
- Heavy commercial Vehicle automotive blind spot Monitor
- Busses & Vehicles automotive blind spot Monitor

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Automotive Blind Spot Monitors Market: Companies

Some of the key suppliers of automotive blind spot Monitor battery market manufacturers are –

Delphi Automotive LLP
Ficosa Internacional SA
Preco Electronics
Siemens AG
DENSO CORPORATION
Autolive Inc.
Valeo
Continental AG
Mobileye
ZF Friedrichshafen AG
Smartmicro
Xiamen Autostar Electronics CO. Ltd.
Robert Bosch GmbH

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Dust Extractors Market Is Anticipated To Nearly Double By 2028 According To Future Market Insights

Sales in the global dust extractors market are slated to top US$ 2.2 Bn in 2022. Expanding at a healthy 8.5% CAGR, the market size is projected to total US$ 3.6 Bn by 2028.

Increasing need to enhance the quality of air that is being released from industrial and commercial activities is set to drive the sales in the market. Also, the ability of these extractors to collect unwanted impurities, debris, and dust from the surroundings where they are being installed is likely to propel the growth of the market.

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Besides this, rising awareness about dust control products in the cement manufacturing industry is anticipated to spur demand. Coupled with this, surging development of technologically advanced systems for dust extraction is projected to fuel the market in the forthcoming years.

While adoption of dust extractors in medium dust class will retain a dominant share over that in the low dust class in the long run, the latter is highly likely to outpace former owing to the impressive growth of commercial building sector. Sales are likely to experience a considerable hike in the forthcoming years, as the demand from major end-use sectors, particularly commercial building and offices, is on a constant rise.

Construction sites, though envisaged to remain key demand generator in the dust extractor space, will be closely trailed by the wood working segment. The report positions wood working applications of dust extractors market as an important demand contributor to the market and projects a healthy rate of growth for the dust extractor demand in wood working segment.

DYI Applications Boosting Potential of Online Sales Channels

Growing number of projects in the commercial space construction landscape will remain a significant booster for the demand growth of dust extractors at a global level. Moreover, noteworthy increase in the number of DIY applications, strongly backed by flourishing online retail channels, has been cited in the report as important factors impacting the growth of dust extractor market in years to come.

The report has attributed growth of DIY applications segment to the progress of home improvement industry, observed in the recent past. In the light of success registered by leading online distributors of DIY vacuum cleaners such as Amazon, EBay, Alibaba, and ShopClues among others, a number of organizations are strategizing their entry to the E-commerce space.

The report projects that power tools sales are likely to emerge as a popular strategy among players, which are stepping in the online retail world for DYI vacuum cleaner sales. Growing consumer preference for online channels while shopping DIY application tools is instrumenting accelerated online sales of dust extractors, as per the report findings.

However, high price point associated with high-capacity vacuum cleaners will continue to restrain the accelerated growth of dust extractor market in the long run. In line with the potential competitive edge offered by dust extractor models with compact dimensional design and light weight, key manufacturers are following the growing trend of high R&D investments in innovative product launches.

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Japan to Rise as the Industry’s Manufacturing Hub

Europe is envisaged to emerge as a highly profitable region for the prominent consumers of dust extractors, towards the end of the forecast period. Currently, the US and Germany represent the most prominent countries generating significant demand for dust extractors, subsequently benefiting the markets in North America and Western Europe, respectively.

According to the report, the demand for dust extractors in developed regions will continue to be favorably influenced by the stringent regulatory framework of regional governments regarding the usage of vacuum cleaners. Furthermore, Japan is also anticipated to be a lucrative regional market for dust extractors, in terms of value and volume.

FMI’s analysis also depicts that Japan is currently reflecting the potential to develop into the new manufacturing hub. MEA is also projected to remain a prominent regional market for dust extractor sales, which has been primarily attributed to the robust growth of key end-use sectors across the region.

Dust Extractor Market: Vendor Landscape

The dust extractor market is largely fragmented, as a result of the strong presence of a large number of local and established players. The report provides details of some of the key players in the global dust extractor market, such as Milwaukee Tool, Alfred Kärcher SE & Co. KG, Makitra Corporation, Hilti Group, Robert Bosch GmbH, DeWalt (acquired by Stanley), Metabowerke GmbH, Panasonic Corporation, Nilfisk Inc., Tennant Company, Numatic International Ltd., Electrostar GmbH (Starmix), Bisell Inc., Fiorentini / Clemas & Co., Verimark (Pty) Ltd., and C & E Fein GmbH.

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