Automotive Bearing Market will Register a CAGR of 4.9% through 2022 | The Timken Company, Schaeffler AG, RKB Bearing Industries, NTN Corporation, NRB Bearings Ltd.

Automotive bearings are accountable for smooth, economical and frictionless running of automobiles. They are present in almost every part of the automobile to ensure movement safety, load handling as well as balance. Several types of bearings are used in automobiles. To name a few, thrust bearings, ball bearings, roller bearings, housed units, needle roller bearings, plummer blocks, plain bearings, spherical roller bearings, slim section bearings, ball thrust bearings, tapered roller bearings and specialized bearings are used. These bearings are made up of different material such as metal-polymers, engineered plastics, metals and bimetals and fibre reinforced composite. The growth of the automotive bearing market is driven by various aspects such as rising technological developments, increasing production of vehicles across the globe, increasing demand for advanced bearings from emerging economies, increasing use of bearings in luxury cars etc. However, high pricing and counterfeiting are main challenges faced by the global market for automotive bearings.

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The extensive research report on “Automotive Bearing Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)”, presented by Future Market Insights uncovers various facets of automotive bearings, analysis on their applications in different vehicle types, sales channel analysis, etc. According to the in-depth research analysis delivered in this research report, the global automotive bearing market is poised to grow at a CAGR of 4.9% throughout the period of assessment 2017-2022.

5 Key Highlights on Global Automotive Bearing Market

  • Ball thrust bearings segment by bearing type category to represent significant share in the coming years. This segment is also expected to gain a high BPS by the end of the assessment period and is poised to register a CAGR of 5.3% throughout the 2017-2022 period
  • Fibre reinforced composite segment by material type is expected to be the fastest growing segment during the assessment period. This segment is projected to reflect a high CAGR of 5.2% with a significant market share. It holds high potential in the coming years
  • Asia-Pacific excluding Japan (APEJ) region is the most lucrative region for the growth of the automotive bearing market. This region is ahead of other regions with respect to growth rate as well as market valuation during the period of assessment. This region is poised to register CAGR of 5.2% through 2017-2022
  • OEM segment by sales channel is expected to grow at a high pace during the assessment period. However, the aftermarket segment in this category, as of 2017, holds a high market share of 63.4%
  • Light commercial vehicles segment by vehicle type is a potential segment with respect to the use of automotive bearings and is expected to register the highest CAGR of 5.3% throughout the period of assessment

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Market segmentation

Region

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

Bearing Type

  • Ball Bearing
  • Roller Bearings
  • Ball Thrust Bearings
  • Roller Thrust Bearings
  • Tapered Roller Bearings
  • Specialized Bearings
  • Others

Material Type

  • Metal-Polymer
  • Engineered Plastics
  • Fiber Reinforced Composite
  • Metal and Bimetal

Sales Channel

  • OEM
  • Aftermarket

Vehicle Type

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

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Key Player Profiles in the Global Automotive Bearing Market

The research report on global market for automotive bearings has included profiles of key players such as The Timken Company, Schaeffler AG, RKB Bearing Industries, NTN Corporation, NRB Bearings Ltd., Minebea Mitsumi Inc., JTEKT Corporation and ILJIN Bearing Co., Ltd.

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Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

Electric Scooters Market : Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

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 Glass Market projecting 4% CAGR through 2030 | Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd., Fuyao Glass Industry Group Co. Ltd.

The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising popularity of electric vehicles.

The report opines that volatility in raw material pricing and high capital requirements will hold back market developments.

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The automotive glass industry has witnessed steady growth in recent years backed by the massive global automobile production sector, implementation of strict automotive safety standards, and improvements in material and auto tech. Further, businesses have invested in smart glass and wider windshield and sunroof designs for their offerings, catering to premium automobile consumer requirements.

While revenue from the automotive glass market rises steadily, the fragmented nature of the market limits the potential for revenues. Also, issues in terms of energy efficiency and raw material fluctuations are problems faced by key players.

Key Takeaways

  • The automotive glass market will reach US$ 16 billion, with demand receding in 2020
  • Door glass offerings remain in high demand, with the higher volume of glass required for these products and innovations in material strength and temperature control.
  • Applications of automotive glass in conventional passenger cars reflect higher growth than LCV, HCV and electric vehicle applications owing to higher demand and production, driven by higher disposable incomes globally.
  • East Asia is a key market for production and sales, supported by the prevalence of numerous regional and international automobile manufacturing plants in the region, supported by lower labour and material costs.

“The growth in production rate of electric and hybrid vehicles in addition to the integration of varied new technologies for visibility and safety are expected to positively influence the global demand for automotive glass throughout the forecast period till 2030,” said a lead analyst at Future Market Insights

Covid-19 Impact on Automotive Glass Market

The coronavirus pandemic is expected to have a negative effect on the short-term prospects of the automotive glass industry. Lockdown restrictions have limited the production of automobiles and associated materials across North America, Asia, and Europe, which are key markets for auto glass.

Also, the demand for new automobiles has fallen sharply, and the uncertainty over the severity and duration of the pandemic and the impact on the global economy are key factors that could hamper market prospects, and delaying the recovery of the industry in the long term. However, the automotive industry will gain traction following the end of the pandemic, with the anticipated growth in demand for electric and autonomous vehicles on a global scale.

Some of the leading players in the market include Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Xinyi Glass Holdings Ltd., Central Glass Co. Ltd., Glas Trosch Holding AG, Gentex Corporation, and Magna International Inc. among others.

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Key Segment

Application

  • Windshield
  • Back Glass
  • Door Glass
  • Quarter Glass
  • Vent Glass
  • Moon/Sun Roof

Glass Type

  • Laminated Glass
  • Tempered Glass

Sales Channel

  • Original Equipment Manufacturer
  • Aftermarket

Vehicle Type

  • Passenger Vehicles
    • Compact
    • Mid-size
    • Luxury
    • SUV
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles
    • BEV(Battery Electric Vehicles)
    • HEV(Hybrid Electric Vehicles)
    • PHEV(Plug-In Hybrid Electric Vehicles)

Regional Outlook

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of LATAM)
  • Europe (Germany, Italy, France, U.K., BENELUX, Spain, Russia, Rest of Europe)
  • South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia, New Zealand, Rest of South Asia & Pacific)
  • East Asia (China, Japan, South Korea)
  • Middle East & Africa (Turkey, South Africa, Rest of MEA)

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Key Challenges

Despite the challenges of the coronavirus crisis, the prospects of the automotive glass market are largely positive in the long term. However, sustained growth will entail effective maneuvering through various challenges.

For instance, volatility in the pricing of raw materials required for the production of automotive glass, and the resulting gap between supplies and demand is a key challenge often facing manufacturers.

According to the Association for the Advancement of Automotive Medicine, inadequate standardization of glass quality is a problem in terms of safety from lacerations and ejection in accidents.

Also, automotive glass market players require high capital for research and development and the necessary infrastructure. Also, products needing certification have to go through stringent testing and regulations that restrain growth prospects in the industry.

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Off-Highway Vehicle (OHV) Telematics Market : As per the FMI’s study, off-highway vehicle (OHV) telematics market is poised to expand at an impressive 15.40% CAGR during the assessment period of 2021 and 2031. The market valuation will reach US$ 424 Mn in 2021.

Automotive Lead Acid Battery Market : The global automotive lead acid battery sales is projected to increasing, enabling the market’s valuation to reach US$ 36.2 Bn in 2031, according to the latest research by Future Market Insights (FMI). The report estimates the market to expand at a steady CAGR of over 3% through the course of 2021-2031.

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
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United Arab Emirates
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Advanced Driver Assistance System (ADAS) Testing Equipment Market reached US$ 222,486 Thousand in 2021 | Konrad GmbH, AB Dynamics plc, National Instruments Corporation, TKH Group NV

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021.

Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market to expand at an impressive 12.10% CAGR through 2031.

Sales of ADAS testing equipment dampened in the first half of FY’2020 due to the onset of the COVID-19 outbreak. Restrictions in movement and halted production, along with disrupted supply chains further impacted the market growth. However, recovery of the ADAS market is on card, as the market experienced year-over-year growth by 9.1% from 2020 to 2021.

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In addition, stringent government regulations regarding appropriate testing of advanced and newly launched ADAS-equipped vehicles will continue driving market sales. Advancements in sensor technology and increasing incorporation of connective technology such as artificial intelligence (AI) and big data will create opportunities for expansion in the ADAS testing equipment market.

FMI’s in-depth regional analysis estimates the U.S. to lead the North American ADAS testing equipment market. Increasing cases of road fatalities have underscored the need for efficient ADAS equipment in the country, which in turn is augmenting the ADAS equipment market growth.

“Government initiatives regarding the maintenance of road safety, coupled with technological advancements in ADAS by OEMs will continue facilitating the growth of the global ADAS testing equipment market through 2031,” says the FMI analyst.

Key Takeaways:

  • Based on product type, hardware is anticipated to record maximum sales in the ADAS testing equipment market.
  • OEMs and tier-1 suppliers will emerge as prominent users of ADAS testing equipment.
  • The U.S. is expected to exhibit high demand for ADAS testing equipment, with the North America market expanding at a prolific 11.30% CAGR through 2031.
  • The U.K. will emerge as an attractive market, owing to stringent ADAS testing policies. FMI projects the European market to grow at a healthy 8.0% CAGR.
  • Sales prospects of ADAS testing equipment are projected to be bright in China, owing to rapid adoption of high-tech ADAS testing equipment in the automotive sector.
  • India will exhibit steady demand for ADAS testing equipment due to growing concerns regarding road safety and the recent influx of autonomous vehicles in the country.
  • Japan and South Korea will collectively account for 14% of the total market share.

Key Segment

By Product:

  • Hardware
  • Software

By End-User Type:

  • Automotive OEMs
  • Tier-1 Suppliers
  • Labs and Other Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)

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Table Of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

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Competitive Landscape

Konrad GmbH, AB Dynamics plc, National Instruments Corporation, TKH Group NV, Oxford Technical Solutions Ltd., and Racelogic Ltd. are among the leading players operating in the ADAS testing equipment market. As per FMI, top 5 players in the market are estimated to hold around 50% of the total market share.

As a part of their growth strategies, players are focusing on collaborations, mergers, and acquisitions to incorporate the latest ADAS technologies in their current product portfolios. Further, intensive research and development, coupled with private sector funding will remain among the prominent growth strategies through 2031. For instance:

  • In July 2021, National Instruments Corporation and Seagate Technology Holdings, a leader in data storage solutions, announced a collaboration to launch first of its kind ADAS record offering, further enhancing their data storage and transfer services.
  • In January 2021, Park Assist and ParkEyes, leading suppliers of ADAS equipment, merged with TKH Security, a part of TKH Group. The merger is aimed to strengthen TKH Group’s global footprint and to expand its product line and services to cater to evolving customers’ needs.

Key Points Covered in ADAS Testing Equipment Market Survey

  • Market estimates and forecast 2021-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on ADAS Testing Equipment and how to Navigate
  • Recommendation on Key Winning Strategies

Top Reports Related To Automotive Market Insights

Automotive Repair and Maintenance Services Market : According to a new report published by Future Market Insights titled “Automotive Repair and Maintenance Services Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, the global automotive repair and maintenance services market is estimated to reach a market valuation of US$ 441.3 Bn by 2016 end, witnessing a 5.6% CAGR between 2016 and 2026. Automobile dealership owners will continue to hold dominant share in the global automotive repair and maintenance services market accounting for over 25% share of the total market by the end of 2016.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/advanced-driver-assistance-systems-market
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Electric Bike Market 2021 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2027 | Top Key Players: ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS Gmb

FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery types, the lead-based battery segment in the electric bike market is expected to expand at a CAGR of more than 3% in terms of value over the forecast period. The global market for battery electric bike is estimated to represent a total increment opportunity of 6.1 Bn from 2017 to 2027. Asia Pacific excluding Japan (APEJ) is estimated to account for a value share of 81% in the global electric bike market by the end of 2017, and is also expected to dominate the market during the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the electric bike market during this period.

Adoption of Clean Technology Expected to Boost the Electric Bike Market

Government agencies are focusing on electro-mobility and reducing pollution, hence, zero emission vehicles are being increasingly promoted through attractive incentives and schemes. This has led to an enhanced focus on electric bikes and thus, a significant increase in the sales of electric bikes is expected over the forecast period. Apart from curbing air pollution, electric bikes also help reduce the level of noise pollution.

Growth in the transportation sector has severely depleted non-renewable petroleum reserves, and this has increased the prices of fuel. Fuel prices are expected to increase exponentially in the coming years as crude oil reserves will be reduced, which will pave the way for the growth of vehicles running on alternate sources of energy. Moreover, the prices and consumption of petroleum products as fuel in the automotive sector is growing day by day, and to reduce the global consumption of the same, manufacturers and governments are promoting the usage of electric bikes as they are far more fuel-efficient compared to conventional automobiles. These factors are estimated to enhance the electric bike market.

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Segmentation Analysis of the Electric Bike Market

The electric bike market is segmented on the basis of product type, battery type and technology.

  • Pedelecs is expected to be the most prominent segment in terms of volume and value over the forecast period. The pedelecs sub-segment of the electric bike market is estimated to grow at a CAGR of 3.2% in terms of value over the forecast period. Pedelecs are expected to represent a total incremental opportunity of US$ 3.9 Bn between 2017 and 2027 in the electric bike market. The electric scooter and motorcycle sub-segments are projected to grow at a relatively low CAGR as compared to pedelecs over the forecast period
  • The most prominent battery type in the electric bike market is estimated to be the lead-based battery. The lead based battery segment is estimated to grow at a steady CAGR over the forecast period in the electric bike market
  • The battery electric scooter segment is the most prominent technology segment in the electric bike market. It is estimated to account for more than 80% of the electric bike market throughout the forecast period.

Regional Market Projections of the Electric Bike Market

The electric bike market in APEJ is expected to represent a significantly high incremental opportunity between 2017 and 2027. The electric bike market in APEJ is expected to represent a total incremental opportunity of US$ 6.1 Bn between 2017 and 2027.

Electric Bike Market Participants

This report highlights some of the top companies operating in the electric bike market, which include ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd., Piaggio & C. SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri E-Vehicle Co. Ltd., Giant Manufacturing Co. Ltd., Emotion Bikes USA, Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Zero Motorcycles, Inc., Mahindra Genze, Derby Cycle and Accell Group.

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Key Segments Covered in the Electric Bike Market Report

On the basis of product type, the electric bike market can be segmented into:

  • Electric Scooter
  • Electric Motorcycles
  • Pedelec

On the basis of battery type, the electric bike market can be segmented into:

  • Li-Ion
  • NiMH
  • Lead-based

On the basis of technology, the electric bike market can be segmented into:

  • Plug-In
  • Battery

On the basis of region, the electric bike 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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Table Of Content

  1. Executive Summary

1.1. Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

  1. Market Viewpoint

3.1. Macro-Economic Factors

3.1.1. Global Industry Value Added

3.1.2. Global GDP Growth Outlook

3.2. Opportunity Analysis

  1. Global Electric Bike Market Analysis 2012–2016 and Forecast 2017–2027

4.1. Introduction

4.1.1. Market Volume Projections

4.1.2. Market Size and Y-o-Y Growth

4.1.3. Absolute $ Opportunity

4.2. Value Chain

Additional Questions Answered

The report also provides answers to other important questions related to the electric bike market, which include:

  • How many units of electric scooters will be sold by the end of 2027?
  • Why are the sales of Li-Ion batteries outpacing those of lead-based batteries in the electric bike market?
  • Which technology will hold the largest volume share of the electric bike market?
  • What will be the growth rate of the electric bike market in Asia Pacific excluding Japan?

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Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/electric-bike-market
Press Release Source: https://www.futuremarketinsights.com/press-release/electric-bike-market

Predictive Automobile Technology Market 2021 Development Status, Competition Analysis, Type and Application 2029

Predictive automobile technology can similarly be utilized as sensors present within a car that reports the proprietor if the car needs a service from a mechanic. Depending on car’s condition and mileage, the technology will be able to evaluate vehicle performance, set up meeting/appointments in actual time and inform users of any safety risks linked with a malfunctioning car due to company recalls. Further, most of the manufacturers are influenced that predictive maintenance is equally economically and logistically prudent. Also, this technology helps individual companies and customer to avoid vehicle downtime and can offer other insights regarding automotive usage patterns and part wear.

Machine leaning (ML) and Artificial Intelligence (AI) have an important part in the coming future of the auto industry as predictive technologies are getting more traction in installation across all vehicle types providing utmost convenience for the driver. Most of the manufacturers are implementing algorithms that consume data to automate the way of setting up a vehicle, including an auto’s application preferences and its infotainment framework. Automobiles manufactures are shifting into IoT gadgets which can associate with take voice commands, changing the UI (user interface).

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Predictive Automobile technology Market: Major Development

  • Foray Motor Group’s TRACKER platform would provide information regarding time and distance traveled and fuel consumption, insurance renewals and servicing reminders and CO2 emission rates of the vehicle. It is also compatible with Google Maps which provide directions to all the nearby amenities.
  • Goodyear built on its commercial solution based on the success tested in the predictive analytics test program with a city-to-city mobility service named Tesloop, which exclusively used Tesla electric vehicles for the study. The commercialization of Goodyear’s Proactive Solutions used for truck fleets tires maintenance and management make use of advanced telematics and predictive automobile technology

Predictive Automobile technology Market: Market Participants

Examples of some of the market participants/vendors identified in the Predictive Automobile technology market across the globe are:

  • Robert Bosch GmbH
  • International Business Machines (IBM) Corporation
  • Honeywell International Inc.
  • Siemen AG
  • SAP SE
  • IBM Corporation
  • Harman International
  • Microsoft Corporation
  • Inseego

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Predictive Automobile technology Market: Segmentation

On the basis of vehicle type, the Predictive Automobile technology market can be segmented into:

  • Passenger Car Predictive Automobile Technology
  • Commercial Car Predictive Automobile Technology

On the basis of deployment model, the Predictive Automobile technology market can be segmented into:

  • On-Premise Predictive Automobile Technology
  •  On-Demand Predictive Automobile Technology

On the basis of application, the Predictive Automobile technology market can be segmented into:

  • Maintenance Analysis Predictive Automobile Technology
  • Driving Pattern analysis Predictive Automobile Technology
  • Predictive Smart Parking Predictive Automobile Technology

The report covers exhaustive analysis on:

  • Market Segments of Predictive Automobile Technology
  • Market Dynamics of Predictive Automobile Technology
  • Market Size of Predictive Automobile Technology
  • Supply & Demand of Predictive Automobile Technology
  • Current Trends/Issues/Challenges of Predictive Automobile Technology
  • Competition & Companies involved of Predictive Automobile Technology
  • Technology of Predictive Automobile Technology
  • Value Chain of Predictive Automobile Technology

Regional analysis includes:

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

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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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Track Laying Equipment Market 2021 | Scope of Current and Future Industry 2029

This Track Laying Equipment 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 Track Laying Equipment market.

Track Laying Equipment Market: Introduction

The functioning of the railway tracks in a good condition depends upon the individual components conditions such as sleepers and rails. The replacement of the defective parts in good time is must so as to avoid the high subsequent costs. In the past manual labor use to carry these difficult and material intensive tasks, but with the growing technology and development this has been replaced by powerful machines known as track laying machines or track laying equipment.

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The track laying equipment has become one of the most important part of the modern railway track infrastructure development. With the growing adoption of heavier structures of the track, the use of track laying equipment is essential to achieve the high quality of work efficiently.

Track Laying Equipment Market: Dynamics

Due to the advancement in quality standards, the manual laying and maintenance of the heavy track structure is neither desirable nor feasible due to its time consuming and poor quality of service life on the track. Thus the increasing demand towards the high performance of the machines and equipment’s withstand to remain a preliminary factor which will lead the market for track laying equipment. The track laying operations involve high expenditure for the machine and the personnel. With the help of mechanized work methods these costs can be clearly reduced along with the achievement of the high qualities. This factor will drive the market for track laying machines or track laying equipment.

Track Laying Equipment Market: Market Participants

Examples of few of the key participants in the global track laying equipment market are identified across the value chain which include:

  • Geismar
  • Eiffage Rail
  • Plasser & Theurer
  • Harsco Corporation
  • SWIETELSKY
  • KOMPASS INTERNATIONAL SA
  • Plasser India
  • Salcef Group S.p.A.
  • The PTK Group

The Track Laying Equipment Market report covers exhaustive analysis on:

  • Track Laying Equipment Market Segments
  • Track Laying Equipment Market Dynamics
  • Track Laying Equipment Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Track Laying Equipment Value Chain

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Regional analysis of track laying equipment market includes:

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

Track Laying Equipment Market: Segmentation

The segmentation of track laying equipment market can be done by component type, by system, by method, and by equipment operator.

By component type, the segment of the track laying equipment market is:

  • Sleepers
  • Rails
  • Ballast Cushion
  • Rail Panels

By system type, the segment of the track laying equipment market is:

  • Hydraulic System
  • Mechanical System

By method type, the segment of the track laying equipment market is:

  • Assembly-line method
  • Cyclic Method

By equipment operator type, the segment of the track laying equipment market is:

  • Rail Transportation
  • Heavy and Civil Engineering Construction

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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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Train Contactor Market 2021 Outlook, Current and Future Industry Landscape Analysis 2029

Train Contactors is an electronic equipment used in railroad vehicles for application like Lighting, ventilator, braking, door control and heating. This product are used to enhance the security of the electronic assemble in any rolling stock vehicle. Train Contactor have its application in almost all types of railroad vehicles. It does not only facilitate the electronic supply for the basic electronic equipment to the railroad vehicles but significantly improve the security for the complete electronic system for the railways.

The train contactor provides number of advantages to the entire power systems of the railway which in turn enables the more accurate and proper power management for the rolling stock vehicles. The use of train contactors reduce the energy consumption up to a significant extent which is another pivotal characteristic of the device.

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Train Contactors Market: Dynamics

In the global scenario due to extensive developments in market of railways might create surge in the train contactors market. The economic travel fairs and security provided by railways during the travel is expected to drive the market of train contactors market. The increased safety concerns to prevent the undesirable casualties also feeding the proper growth of the market. The use of train contactors cause the effective weight reduction in the complete electric assembly of the railways which provides a proper weight optimization. These feature will also likely to provide enhanced traction in demand for the train contactor market. While there are factors propelling the growth of the market there are a few factors which could restrain the potential growth of the train contactors market.  The high initial cost incurred for the complete installation of train contactors assembly might hamper the possible growth of the market. Furthermore, the complete assembly of the train contactors will need timely servicing and proper maintenance in order to achieve an ideal operation of train contactors the additional cast of servicing and maintenance could possibly obstruct the probable growth of the train contactors market.

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Train Contactors Market: Regional Overview

The market of East Asia and South Asia is expected to rise significantly in the foreseen period due to the continuously increasing railway network in the region and inclination of passenger towards the railways. Also in emerging countries like India and China the railways authorities and Governments are vigorously involved in the improvement of railway network in the country. The North America is expected to have a stable and healthy growth in the market with the well-developed railway network and stringent application of security measures. The Europe train contactors market is anticipated to develop at a moderate growth over the years. The regions Like Middle East and Africa is likely to grow at a very poor rate owing to imitated railway network in number of countries in Africa. The market of Oceania is supposed to have a fair growth in the train contactors market.

Train Contactors Market: Market Participants

  • ABB
  • Schaltbau GmbH
  • Sécheron Hasler Group
  • Schneider Electric
  • lionel train contactor
  • Alstom
  • TELEMA S.p.A.
  • LEGRAND
  • Siemens AG
  • Sensata Technologies, Inc.
  • Wabtec
  • Crouzet Automatismes

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Train Contactors Market: Segmentation

On the basis of Product Type, Train Contactors market can be segmented as:

  • Line Contactors
  • 3 pole contactors
  • 4 pole contactors
  • 8 pole contactors

On the basis of Capacity, Train Contactors Market can be segmented as:

  • For Up to 4Kv
  • 4Kv to 10Kv
  • 10Kv-16Kv
  • 16Kv-24Kv

On the basis current supply type, Train contactors Market can be segments as:

  • AC Train contactors
  • DC Train contactors

On the basis of rail-guided vehicle type:

  • Train contactors for railway locomotives
  • Train contactors for metros
  • Train contactors for trams
  • Train contactors for monorails

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Automotive ABS Motor Market 2021 | Current and Future Demand, Analysis, Growth and Forecast By 2029

The anti-lock braking system (ABS) is an automotive braking system that is widely used as a safety major in automobiles that helps the vehicle maintain steering control and prevents the wheels from locking up. The major safety control of Anti-lock breaking system is to maintain tractive force with the road, to prevent the vehicle from skidding and avoid accidents. Automotive ABS Motor is a vital part of ABS hydraulic control unit in ABS. The automotive ABS Motor is responsible to build up the pressure against the braking force and revert the valves to closed position to avoid wheel lock up. Automotive ABS Motor adjusts the hydraulic amount of the brake fluid to control the speed of each wheel as per required output.

Automotive ABS Motor Market: Regional Outlook

In the global market, passenger car segment is expected to hold a major market share in automotive ABS motor market due to increased production rate of automobiles with ABS. Countries like the United States, China, Germany, and India are expected to drive the automotive ABS motor market due to high volume sales of automobiles in these regions. With several governments enforcing strict safety rules and regulations on automobile manufacturers, especially governments of China, U.S. and European nations, the automotive ABS motor market is projected to grow at a significant pace over the stipulated period.

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In North America and Europe, new generation of automobiles, Hybrid and electric vehicles, are manufactured with mandatory ABS breaking system. This implementation by automakers is expected to drive the automotive ABS motor Market.

Automotive ABS Motor Market: Key Participants

Examples of some of the market key players operating in the global automotive ABS Motor Market are:

  • Mahle
  • LG Innotek
  • Johnson Electric Holdings Limited
  • Continental AG
  • Parker Hannifin Corporation
  • DENSO MANUFACTURING ITALIA S. p. A.

The Automotive ABS Motor report covers exhaustive analysis on:

  • Automotive ABS Motor Market Segments
  • Automotive ABS Motor Market Dynamics
  • Automotive ABS Motor Market Size
  • Automotive ABS Motor Supply & Demand
  • Current Trends/Issues/Challenges in automotive ABS Motor Market
  • Competition & Companies involved in automotive ABS Motor Market
  • Automotive ABS Motor Technology
  • Value Chain of automotive ABS Motor market

Automotive ABS Motor regional analysis includes:

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

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Automotive ABS Motor Market: Segmentation

The Automotive ABS Motor Market is segmented on the basis of ABS Type, vehicle type, Sales channel and region.

On the basis of the vehicle type, the Automotive ABS Motor Market is segmented as:

  • Passenger Car
  • Mid-size
  • Compact
  • Luxury
  • SUVs
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)
  • Electric and Hybrid Vehicle

On the basis of the ABS type, the Automotive ABS Motor Market is segmented as:

  • One channel, one channel type ABS
  • Three channel, three sensors type ABS
  • Four channel, four sensor type ABS
  • Three channel, four sensor type ABS
  • Two channel, four sensor type ABS
  • Others

On the basis of the sales channel, the Automotive ABS Motor Market is segmented as:

  • OEM
  • Aftermarket

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Report Highlights:

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

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Golf Cart Batteries Market 2021 Expectations & Growth Trends Highlighted Until 2028

Golf carts are generally battery-operated vehicles, simple in construction and have maximum speed of up to 31 Kmph, making golf carts safe and favorable vehicles to be used at public places such as railway stations, airports and tourist spots apart from golf courses. Further, golf carts are easy to operate and do not require trained people to operate them. Leniency in government regulations, coupled with simplicity in manufacture of golf carts, has boosted production of golf carts as well as Golf cart batteries across the globe. Since, the battery is playing key role of power source in the electric golf cart like fuel in conventional vehicle.

So, the type battery used in the golf cart is the matter of serious concern. As the range of the golf cart is totally dependent on the type of battery used. In the current scenario of golf cart batteries market, lead acid batteries are holding dominating shares. Moreover, it is expected that the demand for golf cart batteries is significant shifting towards li-ion batteries and it is anticipated to remain most attractive segment in the global market throughout the forecast period. The higher advantages offered by li-ion batteries such as long battery life, higher load carrying capacity, long distance can be covered and relatively small in size are driving the li-ion battery demand in the global golf cart batteries market.

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Global Golf Cart Batteries Market: Regional Outlook

In the global market of golf cart batteries, North America is expected to dominate the global market. This can be attributed to the strong golf industry in the U.S. and Canada. Moreover, Asia Pacific region is projected to register most prominent growth in the global golf cart batteries market. Owing to growing adaptation of golf carts in various applications rather than in golf industry. The growing tourism activities in the region is key point of attention for the positive outlook of golf cart batteries market in the future.

Global Golf Cart Batteries Market: Market Participants

  • Universal Power Group
  • Trojan Battery Company
  • EXIDE INDUSTRIES LIMITED
  • Lifeline
  • Amstron
  • Microtex Energy Private Limited
  • Johnson Controls, Inc. (VARTA® Batteries)
  • ACDelco

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The report covers exhaustive analysis on:

  • Golf Cart Batteries Market Segments
  • Golf Cart Batteries Market Dynamics
  • Golf Cart Batteries Market Size
  • Golf Cart Batteries Supply & Demand
  • Golf Cart Batteries Current Trends/Issues/Challenges
  • Golf Cart Batteries Competition & Companies involved
  • Golf Cart Batteries Value Chain

Regional analysis includes:

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

Global Golf Cart Batteries Market: Segmentation

The global market for golf cart batteries can be segmented on the basis of battery type, drive type, battery voltage, seating capacity and region

On the basis of battery type, global golf cart batteries market is segmented as:

  • Lead-acid Batteries
  • Li-ion Batteries

On the basis of drive type, global golf cart batteries market is segmented as:

  • 36V Electric Drive
  • 48V Electric Drive

On the basis of battery voltage, global golf cart batteries market is segmented as:

  • 6 volts
  • 8 volts
  • 12 volts

On the basis of seating capacity of golf cart, global golf cart batteries market is segmented as:

  • 2 – 4 Seater
  • 6 – 8 Seater
  • 10+ Seater

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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 Golf Cart Batteries 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 Golf Cart Batteries market performance
  • Must-have information for Golf Cart Batteries market players to sustain and enhance their market footprint

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Airboats Market 2021 Assessment and Key Insights Analyzed Till 2029

The Airboats are the type of watercrafts which are set in motion using a propeller installed behind the boat. This propellers are operated using either an aircraft engine or an automotive engine. These airboats are now used for end use sectors such as fishing, tourism, rescue operations, for defense and security, etc.

The airboats provide a decent speed on the water and are easy to maneuver due to their lightweight structure. These boats can be handled by one person and are very effective when driven over short distances. The use of airboats are primarily for the rescue operations, for the defense and military purpose like coast guards and is nowadays also implemented for fishing purpose. The airboats application can also be found in tourism industry which makes the airboats market, a market with significant customer base.

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Airboats: Dynamics

The recent development in the tourism industry, effective application of airboats in the fishing industry, use of airboats to maintain law and enforcement situations in the coastal areas are some of the crucial applications which are expected to improvise the improvements in the market on the global platform. The increased number of airboats in tourism industry can also feed the effective growth of the market in the coming years. The intensive sales of the airboats for the application in commercial purpose is also expected to boost the market in almost every region across the globe.

The increased trend of the airboats despite of the high cost is likely to boost the market of airboats. The significant development in the sales of the airboats will drive the market on a positive note. Also in the recent past, the intense sales of the airboats for the personnel use by the civilians is also going to provide a boom in the market. The effective application of airboats in the icy areas will also provide a wide and extensive customer base for the market.

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Airboats: Regional Overview

The market of Oceania is likely to surge with an impressive rate due to the powerful marine market in the region and massive costal area possessed by the prominent countries like Australia and New Zealand. The market of North America is likely to grow at a significant rate due to the considerable growth in the tourism industry and the increasing airboat tourist companies with lucrative packages in many states in the U.S. Latin America to have a stable growth in the market on the back of developments in the marine industry. The Europe is also anticipated to have a notable progress in the market of airboats over the forecast years. The powerful marine industry of ASEAN countries and the subtle costal area of India are going to sweep the market of South Asia. While the market of East Asia is also expected to proceed with a moderate growth rate over the foreseen period. The market of Middle East and Africa is unlikely to grow with a significant pace and is expected to grow with a slow pace over the years.

Airboats: Market Participants

  • Diamondback Airboats
  • PANTHER AIRBOATS
  • Floral City Airboat Company
  • American Airboat Corp.
  • Arctic Airboats  Ltd
  • CHRISTY HOVERCRAFT TM
  • Canadian Airboats
  • Hamant Boats
  • AirboatWest

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Airboats: Segmentation

On the basis of End use, airboats can be segmented as:

  • Military airboats
  • Rescue airboats
  • Tourist airboats
  • Hunting and fishing airboats
  • Personal airboats
  • Commercial airboats

On the basis of Engine used, airboats can be segmented as:

  • Aircraft engine airboats
  • Automotive engine airboats

On the basis of passenger capacity, airboats can be segmented as:

  • 1 to 3 seater airboats
  • 3 to 5 seater airboats
  • 5 to 8 seater airboats
  • 8  to 12 seater airboats
  • 12 to 18 seater airboats
  • 18 to 24 seater airboats

On the basis of sales channel, airboats can be segmented as:

  • OEM
  • Aftermarket

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