Marine Fuel Injection System Market provides critical insights for the forecast period of 2019-2029

Future Market Insights has recently published a new market research study on the marine fuel injection system market that contains global industry analysis during 2014–2018 and opportunity assessment during 2019–2029.The report investigates the marine fuel injection system market and provides critical insights for the forecast period of 2019-2029. As per the key findings of the report, the global marine fuel injection system market is expected to witness considerable growth in upcoming years due to the steady expansion of vessel fleet as well as regulations imposed by International Maritime Organization towards improving the efficiency of new ships.

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The global marine fuel injection system market is likely to be valued at ~US$ 4.8 Bn in 2019, and is projected to increase at a CAGR of ~3% during the projected period of 2019-2029. This growth is expected to be mainly driven by increasing trade opportunities for crucial countries with prominent shipbuilding industries. Advanced fuel efficient technology is adding to the benefits of the marine fuel injection system market.

Increase in Global Maritime Tourism to Fuel the Market Growth

With the increasing disposable income, there has been noteworthy growth in the tourism in the recent past. Recreational water sports attract a paramount segment of people and growing traction of people towards it has been significant. Activities, such as yachting, kite surfing, and water skiing is expected to upsurge the marine tourism. The demand for new ships has increased owing to the growth in maritime tourism, which will ultimately boost the marine fuel injection system market in the near future.

Increasing fuel injection pressure in marine vessels lead to the increased rate of wear and tear property. To improve the combustion efficiency of an engine, high injection pressure is required. There has been increased demand for high pressure fuel injectors.  However, increased fuel injection pressure has amplified the stress applied on the fuel injector as well as on the other parts of the fuel injection system, including a fuel pump and high pressure lines. This might lead to the increased rate of replacement and reconditioning of fuel injection system in marine vessels, contributing to the growth of the aftermarket sales channel.

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Growth in Regional Shipbuilding Industries  

China, in the APEJ region and Japan has maintained slow but steady pace in the ship building industry in terms of growth. Whereas, in South Korea, the industry faced sharp downturn due to overcapacity and weak financial performance of prominent players in the marine fuel injection system market. This, in turn, significantly affected the OEM demand for marine fuel injection systems. However, there has been a notable increase in the demand for new ships creating a healthy environment for the shipbuilding industry in the region to recover.

Marine Fuel Injection System Market: Taxonomy

Sales Channel

  • OEM
  • Aftermarket

Engine Capacity

  • Up to 2000 HP
  • 2000 – 10,000 HP
  • 10,000 – 20,000 HP
  • 20,000 – 50,000 HP
  • 50,000 – 80,000 HP
  • Above 80,000 HP

Application

  • Service Vessels
  • Passenger Vessels
  • Cargo Carriers
  • Fishing Vessels
  • Personal Watercrafts & Sailboats
  • Others

Engine Type

  • 2 Stroke
  • 4 Stroke

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

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Marine Fuel Injection System Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global marine fuel injection system market. Few examples of key players in the marine fuel injection system market are Cummins Inc., Liebherr International AG, Robert Bosch GmbH, Caterpillar Inc., Yanmar Co. Ltd., Suzuki Motor Corporation, v, MAN SE, DENSO Corporation, Rolls-Royce Power Systems AG, OMT – Officine Meccaniche Torino SpA, Woodward, Inc., and Heinzmann GmbH & Co. KG, among others. The global marine fuel injection system market is considered to be significantly fragmented one. Global players falling under tier-1 category accounts for ~25% of the overall market share, whereas medium-sized and small-sized players are expected to be prominent in the global marine fuel injection system market.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Automotive Wires Market value expected to increase at a CAGR of 6% during the forecast period (2017-2027)

FMI delivers key insights on the global automotive wires market in its latest report titled ‘Automotive Wires Market: Global Industry Analysis and Opportunity Assessment 2015-2025.’ The long-term outlook on the global automotive wires market remains positive with the market value expected to increase at a CAGR of 6% during the forecast period (2017-2027). Among material types, the copper segment is expected to expand at a significant CAGR, in terms of value, over the forecast period. The global automotive wires market for conventional fuel vehicles is estimated to hold more than 90% share throughout the forecast period. Asia Pacific excluding Japan (APEJ) is estimated to have accounted for a value share of 53.2% in the global automotive wires market by 2017 end and Asia Pacific is projected to be the most prominent region throughout the forecast period. In this report, FMI throws light on drivers and restraints likely to impact the global automotive wires market during this period.

Growing Vehicle Production and Changing Consumer Preferences Will Drive the Automotive Wires Market

Rise in the production of vehicles, especially passenger vehicles, has boosted the demand for automotive wires. In 2017, more than 97 million vehicles were produced, of which more than 73 million were passenger cars, the prime application area of automotive wires. Along with this, growing production and sales of hybrid & electric vehicles has also augmented the market for automotive wires. Increasing fuel cost and stringent government regulations regarding CO2 emissions will also fuel the demand for hybrid & electric vehicles during the forecast period.

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Growing demand for connectivity and car digitization is an emerging trend in the market. Increase in demand for high-end electronic and safety features in vehicles, particularly passenger cars, and cost reduction and enhanced reliability has led to rising demand for innovative wire & cable solutions. Installation of advanced active safety (accident prevention) technologies in both passenger as well as commercial vehicles has significantly increased the demand for wiring solutions.

Segmentation Analysis of the Automotive Wires Market

The Automotive Wires market is segmented on the basis of material type, vehicle type and application.

  • The conventional passenger vehicle segment is projected to continue to lead the market in terms of value over the forecast period. The conventional passenger vehicle segment of the automotive wires market is estimated to grow at a significant CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 6.9 Bn between 2017 and 2027. The electric vehicle segment is projected to grow at a relatively high CAGR as compared to other vehicle types over the forecast period
  • Copper wires are projected to be most prominent material type in the automotive wires market. The copper automotive wires segment is estimated to grow at a significant CAGR of 5.2%, in terms of value, over the forecast period
  • The market for automotive wires is estimated to be dominated by chassis & safety application, which is expected to grow at a significant CAGR during the forecast period. However, the market for HVAC application segment is growing at a relatively higher rate of 7.3%, in terms of value, during the forecast period.

Regional Market Projections of Automotive Wires

The automotive wires market in APEJ is expected to represent significantly high incremental opportunity between 2017 and 2027. The market of automotive wires in APEJ is expected to represent total incremental opportunity of US$ 4.8 Bn between 2017 and 2027.

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Key Segments Covered in Automotive Wires Market Report

On the basis of material type, the Automotive Wires market can be segmented into:

  • Copper
    • Oxygenic Copper
    • Pure Copper (Oxygen Free)
    • Copper Silver (CuAg)
    • Copper Magnesium (CuMg)
    • Copper Tin (CuSn)
  • Aluminum
  • Others (Nickel, etc.)

On the Basis of vehicle type, the Automotive Wires market can be segmented into:

  • Conventional Fuel Vehicles
    • Passenger Vehicle
    • Commercial Vehicle
  • Electric Vehicles
  • Hybrid Vehicles

On the Basis of application, the Automotive Wires market can be segmented into:

  • Chassis and Safety
    • Conventional Chassis
    • Semi-forward Chassis
    • Full-forward Chassis
  • Body
    • Facia
    • Roof
    • Door & Window
    • Seat
    • Interior
  • Heating Ventilation & Air-Conditioning (HVAC)
  • Engine
  • Sensors

On the Basis of Region, the Automotive Wires market can be segmented into:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

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Automotive Wires Market Companies

The report highlights some of the top companies operating in the automotive wires market, such as LEONI AG, Sumitomo Electric Industries, Ltd., Fujikura Ltd., Delphi Automotive Plc, PKC Group, Furukawa Electric Co., Ltd, Yazaki Corporation, General Cable, Lear Corporation, Draka, Samvardhana Motherson Group, Allied Wire & Cable, Inc., Coroplast Fritz Müller GmbH & Co. KG., Kromberg & Schubert, Acome, Yura Corporation, and Kyungshin Corporation.

Additional Questions Answered

The report also provides answers to other important questions related to automotive wires market, such as –

  • Why is the sales of pure copper automotive wires outpacing the sales of oxygenic copper automotive wires?
  • Which vehicle type will hold largest volume share in the automotive wires market?
  • At what rate is the sale of automotive wires for Chassis & Safety application expected to grow during the forecast period?
  • What will be the growth rate of automotive wires market in APEJ?
  • Which player held the maximum share in the automotive wires market in 2016?

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Automotive Engine Valve Market will soar at a steady CAGR of 5.2% during the forecast period, 2017-2022

Future demands for automotive engine valves will be firmly driven by trends such as reduction in exhaust emissions and oil consumption, declining sulphur content in diesel fuel, and phasing out of leaded petrol. Such factors may create implications in production and design of automotive engine valves. Leading automakers will also seek newer materials for manufacturing engine valves with higher durability and greater sustenance to heat. With increasing adoption of alternative fuels, future requirements of automotive engine performance will change the dynamics of valve manufacturing.

An exclusive forecast report published by Future Market Insights anticipates that the global automotive engine valves market will soar at a steady CAGR of 5.2% during the forecast period, 2017-2022. The report also assesses that automotive engine valves worth over US$ 6.2 billion will be sold globally by the end of 2022. The steady demand for automotive engine valves will be factored by their essentiality in proper functioning of automobile engines, and their influence in enhancing the vehicle’s performance under diverse conditions.

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Although, hollow valves will register a below-average demand over the next five years

While the overall sales of automotive engine valves will be incurring a steady demand through 2022, the demand for hollow valves is likely to dwindle. Compared to bimetallic and monometallic valves, hollow valves will be garnering low uptake owing to their conventional drawbacks. Tests show that performance of engines equipped with hollow valves gets lowered when hollow valve stems absorb more heat than threshold. The tendency of hollow valves to overheat and burn in the absence of adequate cooling continues to factor their declining demand. Over the forecast period, hollow valves are anticipated to reflect a subpar CAGR of 4.7%, indicating a moderate growth in demand.

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Market Taxonomy

A concise taxonomy of the global automotive engine valve market has been summarized in the table below:

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type

  • Mono metallic valves
  • Bimetallic valves
  • Hollow valves
  • Others

Vehicle Type

  • Compact Passenger Cars
  • Mid-sized Passenger Cars
  • Premium Passenger Cars
  • Luxury Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Material Type

  • Steel
  • Titanium
  • Nickel Alloy
  • Other Materials

Sales Channel

  • OEM
  • Aftermarket

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Key insights offered in the report

  • In 2017, monometallic valves being sold in the global market will reap over US$ 1.5 billion in revenues
  • Compact passenger cars will be observed as a leading vehicle segment in the market, followed by mid-sized passenger cars and light commercial vehicles
  • Titanium materials are forecasted to incur sluggish CAGR through 2022
  • By 2022-end, aftermarket sales of automotive engine valves will bring in revenues worth over US$ 5 billion, globally

In 2017, Europe is poised to procure nearly one-fourth share of global revenues. The report also projects that the Asia-Pacific excluding Japan (APEJ) region will be the largest market for automotive engine valves. By the end of 2022, the APEJ automotive engine valve market is anticipated to reach a value of US$ 2.2 billion. North America’s automotive engine valve market is also expected to soar at a steady CAGR, while sales of automotive engine valves in Japan will reflect a moderate growth.

Changing landscapes of automobile engineering will continue to foment considerable alterations in the manufacturing of automotive engine valves. New designs will be reviewed and tested, while conventional valves will be upgraded for boosting their performance abilities. The report observes that companies namely, Knorr-Bremse AG, FTE automotive GmbH, Hitachi Ltd., FUJI OOZX Inc., Mahle Group, Eaton Corporation Plc., Federal-Mogul Holdings Corp., Denso Corporation, Continental AG, and Delphi Automotive PLC will remain active in expansion of the global automotive engine valve market through 2022. These companies are anticipated to capture new materials and innovative production techniques to insure the valves from their existing defects.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Automotive Brake Valve Market is set for a promising CAGR during 2019 – 2027

Witnessing a prominent boost from the demand for high-speed racing cars, the global automotive brake valve market is set for a promising CAGR during 2019 – 2027. The sales of automotive brake valves will witness an uptick with the growing stringency of regulations to mandate anti-lock braking system (ABS) fitment in passenger cars and commercial vehicles, says a new study of Future Market Insights (FMI). Increasing sales of integrated electronic braking systems and electrohydraulic brake valves in automotive brake systems would elevate market prospects in the following years. Towards the end of forecast period, global sales of automotive brake valves are foreseen to reach in excess of US$ 8 Bn.

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Automotive Brake Valve Market – Key Takeaways

  • Introduction and adoption of advanced vehicle security systems in passenger cars and commercial vehicles is a key factor identified to drive automotive brake valve market growth. ABS installation is projected to gather significant momentum for on-road as well as off-road vehicle fleet, over the forecast period.
  • Increasing installation of ABS in all classes of passenger cars as well as commercial vehicles is augmenting demand for automotive brake valves.
  • Moreover, use of advanced braking systems in high-speed racing cars that are subject to wear and tear is also expected to play a vital role in bolstering demand for automotive brake valves.
  • In most cases, brake valves are procured by brake system manufacturers or assemblers. These are then fitted in brake systems of passenger cars and commercial vehicles. Efficient and proper value chain will further augment the growth of automotive brake valve market.
  • Integration of electronics in brake systems and use of advanced technologies such as EBD, SSR, ESP, traction control and brake assist (BA) in ABS, further enhance the overall efficiency of vehicles, in turn, reducing the fitment of conventional brake valves. However, combinational and proportional brake valves are still used along with ABS to maintain tractive contact with the road.
  • In case ABS fails or dysfunctions, vehicle’s regular braking system that comprises of combinational brake valves and proportional brake valves control braking activities of the vehicle. Moreover, in many newer vehicles valve assembly can get replaced separately from the ABS control module, thereby increasing opportunities in the aftermarket segment.

Considerably fair shelf life, and thus, low replacement rate of automotive brake valves will remain among the key factors limiting growth of the global market to a large extent, throughout forecast period.

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Automotive Brake Valve Market to Grow in Parallel with ABS Production

The global automotive brake valve market is estimated to witness decent growth over the forecast period. Rapidly growing automotive industry, especially production and sales of sports cars, is substantially boosting demand for automotive brake valves. East Asia will retain its dominance in the global automotive brake valve market owing to comparatively higher vehicle fleet, followed by South Asia and North America.

Who Is Winning?

Automotive brake valve market is identified to be consolidated, comprising of market players such as Wabtec Corporation, Master Power Brakes, and Parker Hannifin Corp. Market players forming supply contracts with local and regional automotive ancillaries are expected to drive market growth. Furthermore, tie-ups between ABS and brake valve manufacturers are fueling automotive brake valve market growth. Moreover, continual dependency of local automotive OEMs on aftermarket sales will surge demand for automotive brake valves during the forecast period.

AUTOMOTIVE BRAKE VALVES MARKET TAXONOMY

The global automotive brake valve market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Combination Valves
  • Quick Release Valves
  • Metering Valves
  • ABS Modulator Valves
  • Foot & Hand Brake Valves
  • Parking Brake Valves
  • Emergency Valves
  • Check Valves
  • Spring Valves
  • Proportional Valves

Vehicle

  • Compact Cars
  • Mid-sized
  • Luxury Cars
  • SUVs
  • HCVs
  • LCVs

Material

  • Steel
  • Copper
  • Brass
  • Alloy

Sales Channel

  • OEMs
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East & Africa

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Report at Glance

The global automotive brake valves market report offers noteworthy insights and analysis for the forecast period of 2019-2027. The report includes macroeconomic factors, regional pricing analysis, market dynamics, value chain analysis, market value and volume analysis, emerging market trends, important stakeholders, list of manufacturers and distributors, industry roadmap for last five years, channel partners, and strategies deployed by market players to gain a competitive edge.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Auto Ventilated Seats Market is expected increase from US$ 5,931.50 Mn in 2017 to US$ 10.63 Bn by 2027 end, representing a CAGR of 6.2% from 2017 to 2027

In the recent years, automobile market has grown significantly in terms of sales, with considerable growth in the luxury cars segment. This is one of the reasons why the global auto ventilated seats market is also expected to witness gradual growth during the forecast period. This growth is attributed to increasing demand for luxury cars, increasing disposable incomes, and technological advancements in seat ventilation feature to be offered with mid-size and economy cars. According to the newly published report published by Future Market Insights, “Auto Ventilated Seats Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027),” the global auto ventilated seats market is expected increase from US$ 5,931.50 Mn in 2017 to US$ 10.63 Bn by 2027 end, representing a CAGR of 6.2% from 2017 to 2027. This increasing revenue growth is attributed to continuous adoption of seat comfort features, and increasing number of luxury cars throughout the globe. Moreover, increase in the number of aftermarket providers is also supporting the growth of this market.

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Global Auto Ventilated Seats Market: Drivers

The global market for auto ventilated seats is witnessing growth due to high adoption of seat comfort features across all categories of passenger cars.

  • Increasing focus on comfort-driven experience and rising demand for transport
  • Increasing vehicle population and enhanced driving performance
  • Manufacturers focusing on manufacturing noise free auto ventilated seats
  • Preference of ventilated seats due to risk of injuries due to heated seats
  • High demand for comfortable transportation modes
  • New technologies and upgrading material supplied by automotive manufacturers

Global Auto Ventilated Seats Market: Forecast by End User

This segment includes two segments such as OEM and Aftermarket. OEMs segment is anticipated to witness high market attractiveness index over the forecast period. In terms of value, OEMs segment is projected to be the most attractive in the global auto ventilated seats market during the forecast period. In 2017, OEMs segment is estimated to be valued at US$ 4,755.30 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.

Global Auto Ventilated Seats Market: Forecast by Fan Type

On the basis of fan type, global auto ventilated seats market segmented into radial fans and axial fans. In terms of value, axial fans segment is projected to be the most attractive in the global Auto Ventilated Seats market during the forecast period. Axial fans segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 6.4% during the forecast period. In 2027, radial fan segment is estimated to be valued at US$ 5,328.0 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.

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Global Auto Ventilated Seats Market: Forecast by Vehicle Type

On the basis of vehicle type, global auto ventilated seats market is segmented into economy cars, mid-size cars, and luxury cars. Mid-size cars segment is expected to register moderate Y-o-Y growth rate throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 7.58% during the forecast period.

Global Auto Ventilated Seats Market: Forecast by Region

Seven regions have been covered in this report – North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA. North America is projected to be the most attractive market in the global Auto Ventilated Seats market during the forecast period. APEJ market is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this market is expected to expand at a CAGR of 9.46% during the forecast period. In 2017, North America market is estimated to be valued at US$ 1,808.92 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.

Key market segments covered in this report

Vehicle Type

  • Economy Cars
  • Mid-size Cars
  • Luxury Cars

End User

  • OEMs
  • Aftermarket

Fan Type

  • Axial Fan
  • Radial Fan

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Global Auto Ventilated Seats Market: Key Players

Adient PLC, Bharat Seats Limited, Brose Fahrzeugteile GmbH & Co. KG, Continental A.G., Delta Kogyo Co., Ltd., DURA Automotive Systems, LLC., ebm-papst Mulfingen GmbH & Co. KG, Faurecia SA, Gentherm Incorporated, I.G. Bauerhin GmbH, Kia Motors America, Inc., Laird, PLC, Lear Corporation, Magna International, Inc., NHK Seatings of America, Inc., Sitech Sitztechnik GmbH, TACHI-S CO., LTD., Toyota Boshoku Corporation, TS Tech CO., LTD., and Woodbridge Foam Corporation are some of the competitive landscapes in the global auto ventilated seats market.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Automotive Brake System & Components Market is expected to reach a valuation of US$ 92,500 Mn by 2027 end, reflecting a CAGR of 4.1% during the forecast period (2017–2027)

A new study conducted by Future Market Insights (FMI) reveals that demand for automotive brake system and components will be driven by innovation in automotive ingenuity over the next couple of years. Electronics has over time evolved as the most crucial part in automotive. Integration of electronics has provided new growth dimensions to the automotive safety system. With the arrival of advanced electronic brake technology, companies are now looking forward to channelizing resource on further research and product development. The automation sector is always under the radar of regulatory authorities and is required to comply with various rules that are incessantly enforced in the interest of both passenger safety and environmental preservation.

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FMI’s report titled “Automotive Brake System & Components Market: Global Industry Analysis and Opportunity Assessment, 2017-2027” projects that the global sales of automotive brake component will garner US$ 61,744 Mn by 2017-end. This is primarily attributed to the growing safety awareness among customers, which is prompting automotive manufacturers to use advanced braking systems in their vehicles.  The global automotive brake system & component market is expected to reach a valuation of US$ 92,500 Mn by 2027 end, reflecting a CAGR of 4.1% during the forecast period (2017–2027). In addition, around 2,122.9 Mn units are expected to be sold towards the end of 2027. Also, the market is anticipated to witness a steady growth over the forecast period due to the rise in vehicle production worldwide. Continental AG, ZF Friedrichshaf en AG, Delphi Automotive PLC, Valeo S.A, Federal Mogul Holdings Corporation, Robert Bosch GmbH, Mando Corporation, and Akebono Brake Industry Co Ltd. are amongst some of prominent manufacturers of automotive brake systems & components with operations in several parts of the globe.

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Additional Highlights of the Report Include:

  • On the basis of sales channel, aftermarket sales are expected to account for 51.1% value share of the market in 2017, which is expected to increase to around 54.3% by 2027.
  • Among vehicle type, demand for brake components in passenger cars is expected to remain robust throughout the forecast period. Passenger cars are expected to account for nearly 73.9% value share of the market over 2027.
  • The disc brake is expected to emerge as the most preferred brake type and is expected to witness a considerable rise in its demand during the forecast period.
  • The growth of high-performance cars and requirement for better friction materials to meet vehicle braking standards are observed as two of the major factors responsible for the market’s growth.

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Amongst regions, North America and Western Europe are currently exhibiting significant market potentials owing to the existence of well-established automobile manufacturers in these regions. Meanwhile, the market in Asia Pacific excluding Japan (APEJ) continues to expand at an impressive rate, which is attributed to the emergence of countries such as China and India as major manufacturing hubs.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Metal Straws Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2029

Rising intolerance towards single-use plastic straws, booming consumer demand for eco-friendly straws, and increasing government reforms and campaigns to ban plastic straws are expected to offer an optimistic viewpoint for the metal straws market.

On-the-go consumers demand more than convenience from their products; they are progressively aware of their choices and are ready to invest in reusable, sustainable drinking straws. Metal straws are stylish, food grade, convenient, and can be reused endlessly to cut the waste created by single-use plastic straws.

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Packaging industry as well. The thriving market of the packaging industry is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower.

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It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Metal Straws Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Metal Straws Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Metal Straws Market.

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Metal Straws Market: Key Players

Examples of some of the key players operating in the global metal straws market are:

Mulled Mind Jungle Straws Eco Imprints, Inc. Bunkoza Sipstix

The 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 report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional Analysis Includes-

North America Latin America Western Europe Eastern Europe Asia Pacific excluding Japan (APEJ) Middle East & Africa (MEA) Japan

Metal Straws Market: Segmentation

On the basis of straw length, the metal straws market is segmented into:

<9 cm 9 – 15 cm 16 – 20 cm >20 cm

On the basis of sales channel, the metal straws market is segmented into:

Manufacturers Distributors Retailers Hypermarkets Supermarkets Convenience Stores Specialty Stores Discount Stores & Warehouse/Wholesale Clubs E-retail

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On the basis of end use, the metal straws market is segmented into:

Food Service Hotels Restaurants & Motels Bars & Lounges Cafes Fast Food Outlets Cinemas Airline & Railway Catering Institutional Educational Healthcare Corporate Household

Metal Straws Market Reports 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 Competitive landscape 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

Automotive Wheel Coatings Market Latest Advancements and Business Opportunities 2030

Advent of new technologies, rising prevalence of autonomous vehicles, and adoption of consumer-centered business models are triggering tectonic shifts in automotive industry. The effect of these trends is also evident in smaller areas of the industry such as automotive wheel coating market.

Increasingly stringent environmental regulations associated with emission of volatile organic compounds (VOC) in tandem with rising demand for performance-based vehicles has influenced market players to dedicate serious R&D efforts in devising cutting-edge automotive wheel coatings.

While automotive wheel coatings market is continuously evolving, manufacturers are maintaining their entire technical portfolio in order to fulfil requirements of customers. This has improved their competitive position in the global market owing to their R&D leadership in this domain.

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Such future-proof solutions enable automotive OEMs to leverage novel, highly sustainable coating technologies – such as waterborne – in tandem with process breakthroughs that enhance plant efficacy and reduce overall expenses. The tendency is sweeping across developing regions, in particular, which are scrambling to achieve reduced VOC emissions.

Automotive Wheel Coating Market Size Study

  • Clear/top coating segment to generate substantial revenue through 2030
  • Aluminum to remain prominent substrate for automotive wheel coatings
  • Application in passenger cars to remain significant over following decade
  • About 7 out 10 automotive wheel coatings to be sold through OEMs
  • North America to account for majority of automotive wheel coating sales worldwide

“Powdered automotive wheel coatings are substantially effective with nearly 100% powder overspray recoverability, greater resilience to scratching, chipping, and fading, compared to other finishes. The process is cost-efficient, releases negligible VOC into surroundings, and involves minimal material wastage,” says analyst at FMI.

COVID-19 Impact on Automotive Wheel Coating Market

The COVID-19 pandemic has exposed supply chains in automotive industry to significant disruption, bringing global supply strategies to scrutiny. Abrupt shutdowns of manufacturing units in China and its ripple impact, resulting in widespread havoc among global automotive manufacturers, were felt subsequently in the US, Europe, India, and South America.

Such slowdown pressures in automotive industry due to COVID-induced business restrictions has been severely impacting automotive wheel coatings market business. Having outsourced their manufacturing operations to low-cost regions, several automotive wheel coating suppliers and OEMs are striving to create shorter or localized regional supply chains.

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Market Taxonomy

By Product Type

  • Primers
  • Basecoat
  • Clear coat/Topcoat

By Coating Type

  • Powder
  • Liquid
    • Solvent Borne
    • Water Borne

By Substrate Type

  • Aluminium
  • Steel
  • Plastic

By Vehicle Type

  • 2-Wheeler
  • Passenger Cars
    • Compact
    • Luxury
    • Mid-sized
    • Premium
  • Commercial Vehicles/Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Type

  • OEM
  • Aftermarket

By Coating Chemical Type

  • Acrylic Enamel
  • Acrylic Urethane
  • Acrylic Lacqure
  • Zinc Phosphate
  • Epoxy
  • Epoxy Polyester
  • Polyester
  • Polyurethane

By Region

  • Asia Pacific Excluding Japan (APEJ)
  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Japan
  • Middle East & Africa

Automotive Wheel Coating Market – Competitive Intelligence

Ceramic-based coatings reign supreme in the global sphere of paint correction. Despite being the most diverse protection formula worldwide, potential of ceramic-based coatings are yet to be explored completely. Various players developing ceramic coatings for automotive industry are entering into business landscape, for instance,

  • FEYNLAB has developed ceramic wheel coating with true nanotechnology and bonding chemistry that contains about 70% solids content, making it extremely durable to road contamination and brake dust.
  • Ceramic Pro has formulated protective coating – Wheel Protection – that is based on nano-ceramic formula. The product helps protect automotive wheels from brake dust that would otherwise bake onto surfaces and result in damages.
  • DP Detailing has rolled out ceramic-based wheel coating that is specifically developed for clear-coated wheels. In addition, the formulation is suitable for application in high temperatures.

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Automotive Wheel Coating Market Outlook and Key Findings

  • Acrylic enamel to remain preferable coating chemical of choice through 2030
  • Preference for steel as coating substrate for automotive wheel coatings to surge in coming years
  • Under passenger cars, mid-sized and compact sub-segments to register fastest CAGR over following decade
  • Waterborne technologies to emerge as disruptive force in global market
  • Market in Asia Pacific excluding Japan (APEJ) to make quantum leaps over decade ahead

To Know More About Automotive Wheel Coating Market:

A new market research report published by Future Market Insights (FMI) on the global automotive wheel coating market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the automotive wheel coating market through seven different segments – product type, coating type, substrate type, vehicle type, sales type, coating chemical type and region. The automotive wheel coating market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of automotive wheel coating and product adoption across several end-use industries

Key Questions Answered in the Report:

  1. Which coating chemical type will capture major share of automotive wheel coating market globally and why?
  2. What are the factors propelling the global automotive wheel coating market?
  3. What will be the revenue size of automotive wheel coating market by 2020?
  4. Who are the leading manufacturers in the automotive wheel coating market?
  5. Which trends and innovations are expected to shape the global automotive wheel coating market in coming years?

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

India Automotive Stamping Market is projected to soar at 10.8% CAGR and bring in nearly US$ 10,400 Mn by 2026-end

Metalworking processes such as stamping will not cease to gain traction as a key application in the global automotive industry. In any region, the demand for automotive stamping grows in parallel with its automobile production. Based on the data published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), India is among the top ten countries in terms of global motor vehicle production. Significant contribution of India to the world’s automobile production count has instrumented a considerable rise in the country’s automotive stamping businesses. A majority of automobile businesses run by companies such as Gestamp Automobile India Private Limited, Caparo India, Omax Auto Ltd., and Mahindra CIE Automotive Limited are focussed towards participation in the automotive stamping market.

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According to a latest report published by Future Market Insights, the automotive stamping in India will continue to witness higher participation from abovementioned companies, and joining them would be the JBM Group, Klt Automotive and Tubular Products Limited, and Tata Autocomp Systems Limited. The report, titled “Automotive Stamping Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” estimates that India’s automotive stamping market is presently valued at US$ 3,734.9 Mn. In the due course of ten-year forecast period, the market is projected to soar at 10.8% CAGR and bring in nearly US$ 10,400 Mn by 2026-end.

The report reveals that throughout the forecast period, non-body automotive stamping will continue to gain traction in India. On the other hand, body stamping is projected to procure a consistent 42% share of overall market value. In 2017 and beyond, the demand for transfer stamping is predicted to gain prominence, while progressive die stamping will keep accounting for over half of the market revenues. Steel is being observed as the widely-preferred raw material for automotive stamping in India. In 2016, more than US$ 2.5 Bn worth of steel was stamped for production of vehicles in India. Likewise, the demand for aluminium in India’s automotive stamping market is also likely to grow. Through 2026, revenues generated from automotive stamping of aluminium materials are anticipated to rise at 11.2% CAGR.

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India Automotive Stamping Market: Segmentation

By Stamping

  • Hot Stamping
  • Cold Stamping

By Vehicle

  • Two-Wheeler
  • Three-Wheeler
  • Passenger Car
  • Commercial Vehicle

By Material

  • Steel
  • Aluminium
  • Others

By Process

  • Progressive Die Stamping
  • Tandem Stamping
  • Transfer Stamping

By Product

  • Body Stamping
    • BIW Parts
    • Chassis
  • Non-Body Stamping
    • Engine Parts
    • Transmission and Steering Parts
    • Braking and Suspension Parts
    • Electrical Parts
    • Fuel Delivery, Emission and Filtration
    • Safety Equipment and Seating System
    • Lighting Components
    • Cooling System

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The report further reveals that passenger cars will be accounting for over one-third of automotive stamping revenues in India throughout the forecast period. In this period, automotive stamping revenues arising from two-wheeler sales will exhibit growth at a 12.2% CAGR. In India, body stamping BIW parts will rake in over US$ 2,800 Mn by the end of 2026. Stamping of chasses, meanwhile, is expected to register a value CAGR of over 12%. When it comes to non-body stamping, India’s automotive stamping market will continue to witness higher revenue outcome from stamping engine parts, transmission & steering parts, and safety equipment & seating systems.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

Rough Terrain Cranes Market projected to grow at a promising CAGR of 5.6% through 2026

The latest market outlook titled “Rough Terrain Cranes Market: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016–2026” by Future Market Insights offers imperative insights into the Middle East and Africa rough terrain cranes market for the forecast period 2016-2026.

The overall long-term outlook on the growth of MEA market for rough terrain cranes remains optimistic, with the market projected to grow at a promising CAGR of 5.6% through 2026. Over the assessment period, MEA market for rough terrain cranes will gain nearly 100 BPS, reaching a market size of over US$ 231 Mn by 2026 end. GCC countries currently account for a significant share of the MEA market – this will remain the trend throughout the forecast period. The next largest markets include South Africa, Israel, and Turkey, which is anticipated to be closely followed by the rest of MEA.

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Key research findings strongly influencing the market growth

  • High initial capital and expensive maintenance continues to fuel preference for rental cranes over new crane sales.
  • Lucrative opportunities abound in the high lifting capacity cranes i.e. > 100T capacity segment.
  • Application in fracking pipe yards, transmission distribution lines, and tank firms will unlock new revenue generation opportunities.
  • Implementation of automation and advanced telematics are identified to be the top influential developments.
  • Focus on enhanced operator comfort and efficient fuel economy underpins introduction of new features in rough terrain cranes.
  • GCC will remain the largest market in rental as well as new sales of rough terrain cranes within MEA.
  • Maximum new sales will be registered in Turkey over 2016-2026.
  • African countries will account for significant demand owing to rapidly developing power generation and distribution infrastructure, and burgeoning mining activities.

The market has been segmented for in-depth analysis over 2016-2026, into MEA rough terrain cranes market – new sales and MEA rough terrain cranes market – rental. While market for rental rough terrain cranes is likely to witness a CAGR of 5.3% reaching a value worth US$ US$ 247.4 Mn in 2026, market for new sales of rough terrain cranes is expected to reach US$ 142.0 Mn by 2026-end, expanding at a healthy CAGR of 5.9% over the assessment period.

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MEA Rough Terrain Cranes Market – Rental

Future Market Insights expects this market to reach US$ 248 Mn in 2026.

  • On the basis of lifting capacity, the highest growth will be observed in > 100 tonnes capacity segment.
  • 50-75T capacity segment will continue to dominate the market throughout the forecast period.
  • 75-100T capacity segment will possibly exceed revenues of US$ 68 Mn in 2026, accounting for more than 27% share of the entire market revenues at the end of forecast period.
  • By boom length, 25-35 metre segment is projected to remain dominant with a major revenue share contribution of over 43% in 2026. Despite a relatively lower CAGR over 2016-2026, this segment will be evaluated at around US$ 107 Mn in 2026.
  • 35-50 metre segment will retain the second largest segment position with estimated revenue sales worth US$ 80 Mn in 2026, capturing over 31% share of the market value. This segment is expected to demonstrate the fastest growth at a CAGR of 5.6%.
  • Based on country, GCC will continue its monopoly with over 60% value share by the end of forecast period, eventually approaching US$ 150 Mn by 2026 end.
  • South Africa and Israel will be the next largest markets, whereas the rest of MEA and Turkey will witness higher growth rates of over 7%.

Market segmentation

To understand and assess opportunities in the Middle East and Africa rough terrain cranes market, we have divided the report into four sections based on market segmentation as under:

By Lifting Capacity

  • Upto 25 Tonnes
  • 25.1 to 50 Tonnes
  • 50.1-75 Tonnes
  • 75.1-100 Tonnes
  • More than 100 Tonnes

By Boom Length

  • Upto 25 meters
  • 25.1-35 meters
  • 35.1-50 meters
  • More than 50 meters

By Sales Channel

  • New Sales
  • Equipment Rental

By Country

  • GCC
  • Israel
  • Turkey
  • South Africa
  • Northern Africa
  • Rest of Middle East and Africa

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MEA Rough Terrain Cranes Market – New Sales                    

This market, according to Future Market Insights, will account for the revenues of nearly US$ 142 Mn by 2026-end.

  • By lifting capacity, 50-75T capacity segment is projected to attract the maximum revenues.
  • 75-100T capacity segment is likely to account for over 28% market value share in 2026.
  • > 100T capacity segment is predicted to witness the highest CAGR resulting in almost exponential growth in sales revenues over 2016-2026.
  • In terms of boom length, 25-35 metre segment will continue to dominate through 2026, accounting for more than 43% value share.
  • > 50 metre segment will be the fastest growing segment, exhibiting an impressive CAGR of 6.7%, resulting into twofold growth of the market over 2016-2026.
  • Country-wise, GCC will retain dominance, followed by South Africa. While the former is foreseen to attract over US$ 81 Mn in terms of 2026 revenues, the latter will reach over US$ 20 Mn in 2026.
  • GCC reaffirms the leading position with around 58% value share in 2026, whereas the rest of MEA, North Africa, and Turkey are expected to witness higher CAGRs over the assessment period.

Among the leading players in the MEA rough terrain cranes market, Terex Corporation is identified to hold the most prominent share of over 21% in terms of new sales. Other leading companies include The Manitowoc Company, Inc., Tadano Ltd., Zoomlion Heavy Industry Science And Technology Co., Ltd., Liebherr Group, Xuzhou Construction Machinery Group Co., Ltd., Sany Heavy Industry Co., Ltd., and KATO WORKS CO., LTD.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/