Market Research Blog – Page 14150 – New Product Development

Bus Chassis Market Study: An Emerging Hint of Opportunity by 2029

Chassis is an integral part of the vehicle also known as support structure or frame of the vehicle. Bus Chassis consists of structural underframe, engine, radiator, wheels, hcv axles, suspension, gearbox, transmission, dashboard, steering wheel, and driver’s seat. Bus Chassis bears all the stresses on the vehicle in both static and dynamic condition. Chassis plays an important role in maintaining the drive comfort and durability of the structural components.

Increasing demand for luxurious buses from private bus fleet owners and corporate offices is anticipated to support the demand for new buses and successively fuel the growth of bus chassis market all across the globe. Owing to the increasing sales of buses, the demand for durable, light weight and high strength Bus Chassis is estimated to witness significant growth during the forecast period. This in turn is anticipated to substantially contribute to the growing market of Bus Chassis during the forecast period.

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Bus Chassis Market: Dynamics

Growing concerns over pollution caused, particularly by automobiles, has forced governments in several nations to make few drastic dealings to maintain a regional or country level pollution check. This in turn is leading towards increasing investments in alternative fuels and electric vehicles. Significant increase in demand for electric buses is estimated to drive the growth of global bus chassis market during the forecast period. Rapidly increasing services sector in several countries, and rising trend of providing pick and drop facilities to the employees is estimated to be a key driving factor for the demand of new buses and consequently for the growth of bus chassis market.

Though the global Bus Chassis market is anticipated to witness significant growth in the coming years, the manufacturers have to face few challenges in order to generate maximum revenue from the target products. Lack of better inter-city public transportation facility in various countries is causing substantial increase in the private vehicle ownership. This in turn is estimated to contribute to the growing automotive market which subsequently act as a key restraining factor to the growth in demand for buses. However, increasing investment by governments in maintaining an easy and proper public commute is estimated to support the demand for buses and subsequently the bus chassis in the coming years. Increasing traction of passengers towards other means of transport including air transport, waterways and railways is also estimated to be a key challenging factor which might hinder the growth of the bus chassis market.

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Bus Chassis Market: Regional Outlook

Rapid urbanization in various developing countries across the globe, led to increase in demand for basic services including housing, water, sanitation and transport. Asia Pacific region is estimated to project significant opportunities in the global bus chassis market owing to relatively higher demand for public and private transit buses in the region. Countries including China and India are expected to be at the forefront in terms of growth in the global bus chassis market. Developed regions including North America and Europe is also estimated to witness significant growth in the coming years on the backdrop of increasing demand for electric buses.

Bus Chassis Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Bus Chassis market include:

Dongfeng Motor Corporation
TATA MOTORS
Daimler India Commercial Vehicles Pvt. Ltd.
Scania AB
Eicher Motors Limited
AB Volvo
Ashok Leyland

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

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Bus Chassis Market: Segments

The global Bus Chassis market has been segmented by Bus Type, Axle Type, by Chassis Frame and by Propulsion Type

By type of Bus Type, the global Bus Chassis market is segmented into

Public Transit Bus Chassis
Private Transit Bus Chassis
Corporate Bus Chassis
School and College Bus Chassis
Special Purpose Bus Chassis (Defense, RVs, Tourist Buses etc.)

By type of Bus Axle, the global Bus Chassis market is segmented into

Single Axle Bus Chassis
Multi Axle Bus Chassis

By type of Chassis Frame, the global Bus Chassis market is segmented into

Ladder Frame Bus Chassis
Tubular Space Bus Chassis

By type of Propulsion, the global Bus Chassis market is segmented into

Diesel Engine
CNG
Electric

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Recreational Boat Market Demand, Scope and Future Estimation until 2029

Future Market Insights research on the Recreational Boat Market offers a comprehensive overview for the forecast period of 2019-2029. It uncovers hidden opportunities and studies growth trajectory across various segments. The study also offers an unbiased analysis by analyzing historical demand and future projections from a bird’s eye perspective. The report identifies some of the lucrative Markets across the globe. FMI delivers an insightful coverage on the Recreational Boat Markets latest trends, drivers, challenges, opportunities and restraints that the Market is expected to prevail in the upcoming decade.

According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Recreational Boat Market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and Market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Recreational Boat Market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.

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The COVID-19 outbreak had a swift and severe impact on the automotive sector. Affects included disruption in supply chain activities and overall vehicle production. Starting in China, vehicle and vehicle part manufacturers around the world either placed their production lines on quarantine or shut down completely. This led to severe impact on automotive sales, thus hindering the Recreational Boat Market.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Recreational Boat Market.

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Recreational Boat Market: Segmentation

To gain a better perspective on the latest trends and opportunities, the information has been classified into key segments and sub-segments.

Based on boat type, the global recreational boats market can be segmented into:

Outboard boats
Inboard/stern drive boats
PWC
Sailboats

Based on the power type, the global recreational boat market can be segmented into:

Engine-powered boats
Sail-propelled boats.

Recreational Boat Market: Competitive Analysis

The report on the Recreational Boat Market report offers a detailed analysis of some of the leading players operating in the Market. It examines the impact of key strategies adopted by the Market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

Key players covered in the report include:

Azimut Benetti Group
Bavaria Yachtbau
Bennington Marine LLC
Brunswick Corporation
Carnival Corporation & plc
Catalina Yachts
Ferretti S.P.A.
Godfrey Pontoon Group
Grand Banks Yachts Ltd.

Critical Questions Answered in the Report

Which are the top manufacturing companies operating in the Recreational Boat Market?
What will be the future outlook of the Recreational Boat Market in the upcoming decade?
Which are the some of the lucrative Markets for Recreational Boat Market?
Which factors will drive the Recreational Boat Market growth?
What are the challenges faced by the prominent players of the global Recreational Boat Market?

Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the Market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the Market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional Market to provide Market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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Train Bogie Market Share and Growth Factors Impact Analysis 2028

Train Bogie Market: IntroductionA train bogie is the chassis or the combined framework with wheel sets used for ferrying passengers or goods and are commonly attached one-after-one to railway engine. Train bogies are normal but are an essential component of the train, it is a drive system and track guidance mechanism is very important for overall transportation of the trains. Train bogies usually have a suspension system and separate breaking system so that the train handling and comfort can be maintained at every stage of the transportation. The crucial function of the train bogies is to support the mass of the train, use of the wheels to guide along the tracks and to provide a good cushioning effect against the shocks transmitted from the railway tracks during the motion.

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The Train Bogie is used for the purpose of stopping the rail vehicles and from preventing them from crossing the physical section of the track as well as transporting goods and passenger from one destination to the other. Train Bogie is designed according to the construction of train and its engine, it is used in the rail vehicles as it increases the load carrying capacity of the rail vehicles.

They provide energy efficient and cost effective solution for the transportation large quantity of goods along with hundreds of passengers. The individual suspension and breaking systems prevent the damage and lessens the danger of injury to the commuters travelling in the rail. Additionally they are designed according to the speed and the weight of the rail vehicle. Train bogies may be either powered by some type of mechanical connected drive to the train engine or by an electrical motor. When the bogies are only used for the carrying fiction they are called as trailer bogies.

Train Bogie Market: Dynamics

Increasing consumer inclination towards safety and security in railway transportation in commercial and passenger sectors is expected to drive the train bogie global market over the estimated period of time. There is a successive growth in the use of public transport since past year and it is expected to continue the same pattern in the near future. Rail industry is estimated to directly drive the train bogie market. Stringent rules and regulation by the government and the ruling authorities of the developed and the developing countries regarding the safety of the passenger and the goods transported is one of the prominent driver of train bogie global market in the near future. Train bogies have prominent characteristic of being energy efficient and cost effective and this is expected to fuel its growth in the global market in the near future.

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The growing research and development for newer technology has always been acting as a bridge to the railway sector’s future, and the coming next half century won’t be any different. The most significant driver for the rail industry is the increasing consumer preference to use railways as it is one of the most economical and eco-friendly source of transportation available in the global market. Moreover, with the advent of technologies such as the hyperloop, bullet trains, metros, etc. the manufacturers are able to target the consumer’ inclination towards public transportation besides provide them with an alternative which is far more economical and safe in global as well as the regional markets.

Train Bogie Global Market: Regional Outlook:

Stringent rules and regulation regarding the safety of passenger in dominant markets such as Europe and North America has increased the demand of trains in this regions which in turn is estimated to accelerate the train bogie market in the near future. Growing use of public transport in the countries like India and China of Asia Pacific region is increasing the growth of rail industry and this is estimated to propel the train bogie market in this region. Emerging countries of Middle East Africa and Latin America is expected to cover the significant market value share in the global train bogie market over the estimated period.

Train Bogie Global Market: Key Players

Key players in the global market of Train Bogie are:

ALSTOM
PROMEC srl
Siemens AG
TITAGARH Group
Premier Ltd.
Bombardier
NIPPON STEEL & SUMITOMO METAL CORPORATION.
FLEISCHMANN
WBN Waggonbau Niesky GmbH
Nencki Ltd
CRRC Sifang Co., Ltd.
Jiangsu Railteco Equipment Co., Ltd.

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

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
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)

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 in-depth analysis of parent market trends, macro-economic 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.

Train Bogie Market: Segmentation

The train bogie market can be segmented on the basis of type of component and sales channel-

The train bogie market can be segmented on the basis of component as:

Bogie Frame
Brake System
Suspension System
Wheel Set
Others (motors, dampers, axles, bolster, etc.)

The Train Bogie market can be segmented on the basis of sales channel as:

OEM
Aftermarket

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SUV Market Estimated to Expand at a Robust CAGR By 2027

Sports Utility Vehicles (SUVs) assume a new meaning in India. In a country, where vehicles and their cost is deeply steeped into the notions of power and affluence, more Indians are shunning humble hatchbacks and gentlemanly sedans to opt for the ferocious, on-your-face SUVs. This new-found love for power and prestige has the Society of Indian Automobile Manufacturers smiling, as the segment (UVs) grew a staggering 30% in FY 2016-17. To put this in perspective, the passenger vehicle (PV) segment grew at 9.23% in the same period.

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It will be a mistake to tag the growing preference for UVs as a passing fad. Going by the frantic demand and anticipated product launches, more Indians will be driving an SUV or MUV by 2020. By 2027, SUVs may be as ubiquitous as the good ol’ Maruti Suzuki 800 or the Ambassador (for a long time, these were the only two cars available to buyers). It is expected that SUV sales will continue to grow at a strong rate in the next decade, as India moves ahead to become part of the global automotive triumvirate or the Big 3.

What’s Driving the SUV Frenzy in India?

Off-roading is still a nascent concept in India, with few adventurists venturing into the less-trodden paths. SUV sales in India are not influenced by the desire to go off-roading on weekends. Instead, it is a confluence of numerous underlying factors that has sparked a new breed of SUV fanboys in India.

For a long time, only two SUVs dominated the Indian landscape – Mahindra & Mahindra’s Scorpio and Tata Motors India’s Safari. These vehicles symbolised raw power and authority, but the Indian middle class shied away from these as these heavyweights lacked that suave sophistication that many hatchbacks and sedans offered. There were other high-end cars in the upwards of Rs. 20,00,000 (US$ 30990); however, they were out of reach for majority of buyers.

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In the absence of an attractive offering, sedans and hatchbacks remained the preferred option for Indian carbuyers. The watershed moment in the Indian SUV market (compact SUV market to be more precise) came when Renault launched its compact SUV Duster in the Indian market. The car was made predominantly for European markets, but due to attractive price positioning and subtle marketing campaign, it caught the imagination of an entire nation.

Renault did not market Duster as an off-road vehicle, but positioned it as a smarter buy than a sedan. The car saw unprecedented sales, but most importantly it spawned a new era in the Indian auto market. The success led to the launch of a number of compact SUVs, most notably, Ford Ecosport, Nissan Terrano, Mahindra XUV 500, Hyundai Creta, and Maruti Suzuki Vitara Brezza.

In addition to the strong social and cultural quotient, space and durability are the other key factors driving SUV sales in India. Unlike the west, a significant percentage of Indians live together with their parents, a structure which is colloquially known as a ‘joint family’. For millions of such households, a 7-seater SUV is a pragmatic option – although it has to be mentioned that majority of compact SUVs only seat 5 people. Toyota Innova Crysta, Mahindra XUV 500, Mahindra Scorpio, Maruti Suzuki Ertiga, and the recently launched Tata Hexa are the favourites among this demographic.

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The Future of SUVs in India

The India SUV market is anticipated to grow at a staggering growth rates in the next decade. As more people make the transition from an entry-level car to a compact SUV, sales are expected to remain healthy. Further, many prospective Indian buyers are today more inclined to buy an SUV vis-à-vis hatchback, which will also contribute to the growth of this market.

According to the Society of Indian Automobile Manufacturers, SUVs have grown from being 12.59% of India’s PV segment in 2010-11 to 25.01% in 2016-2017. It is projected that in the next decade, SUVs may account for nearly 40% of India’s PV segment.

Competitive Landscape

The leading automakers in the India SUV market include Renault India, Maruti Suzuki, Hyundai Motor India Limited, Toyota Kirloskar Motor, Nissan Motor India Private Limited, Honda Cars India, Ford India Private Limited, Tata Motors, Mahindra & Mahindra, Mitsubishi India, Mercedes-Benz India, and Audi India.

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Global Aircraft Brake System Market Will Escalate Rapidly in the Near Future

The aircraft brake system is generally used to slow down the aircraft during the landing roll on the runway. It is a necessary component to ensure the safety and directional control of an aircraft during ground operations, such as, taxiing, landing, and takeoff. Earlier, disc brakes were used in aircrafts consisting a disc rotating with the wheel assembly, while on applying the brakes a stationary caliper resisted the rotation by causing a friction against the disc. However, due to the introduction of new technologies and innovations, the electric braking system has become more popular. This braking system provides anti-skid protection and fully integrated brake control, including emergency and parking brake functions by merging brake-by-wire controlled technology with electro-mechanical brake actuation.

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Working of an aircraft brake system depends upon a few parameters, such as minimum stopping distance, better heat dissipation, and easy maneuvering. Consequently, the size, weight, and landing speed of the aircraft are deciding parameters for selecting the type and design of the aircraft brake system.

Implementation of Advanced Technology to Foster the Overall Growth of the Aircraft Brake System Market

The rise in the traffic of air passengers worldwide in recent years has led to an increase in the demand for aircraft. Also, airlines around the world are demanding new aircrafts with advanced technologies. To meet the demand from airliners, the aircraft industry is developing aircrafts with advanced systems and components. The growing demand for aircraft is increasing the need for aircraft brake system. The demand for technological improvements in prevailing aircraft brake system has led to growth of the electrical braking system market. Moreover, brakes need to work in extreme environments, which results in the chances of degradation of quality of brake material through corrosion, which creates opportunities for the aftermarket industry. Another key point, which is surging growth of the aircraft brake system market is the search for lighter aircraft brake system. The aircraft brake system market features a competitive environment of OEMs. Additionally, increasing fleet size is going to be one of the most important factors driving growth of the aircraft brake system market.

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Maintenance and Operational Cost of Aircraft Brake System to Majorly Impact the Market

A major restraint in the aircraft brake system market is the operating and maintenance cost faced by airlines. Hence, the introduction of new technologies, such as electric braking system, to overcome maintenance cost is hampering the market for traditional and carbon braking systems, which are relatively less effective.

Asia-Pacific Region to Showcase Quick Growth during the Forecast Period

North America is expected to dominate the aircraft brake system market for carbon brakes, due to the presence of a large number of market participants. The global aircraft brake system market is expected to show faster growth in the Asia-Pacific region, due to increasing usage of aircraft in this region. Growing demand for air travel in this region is promoting the aircraft market and consequently, the aircraft brake systems market. Both the segments of sales, namely OEM and aftermarket, are predicted to offer healthy opportunities in upcoming years.

Major Aircraft Brake System Market Participants

The key players included in the aircraft brake system market are UTC Aerospace Systems (U.S.), Crane Aerospace & Electronics (U.S.), AAR Corp. (U.S.), Bauer, Inc. (Netherlands), Hong Kong Aircraft Engineering Company (Hong Kong), Meggitt Aircraft Braking Systems Corporation (UK), Grove Aircraft Landing Gear Systems Inc. (U.S.), Beringer Aero (France), Parker Hannifin Corporation (U.S.), Honeywell International Inc. (US), Safran Landing Systems (France), and Lufthansa Technik AG (Germany).

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

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The report on aircraft brake system market covers exhaustive analysis on:

Aircraft brake system market Segments
Aircraft brake system market Dynamics
Aircraft brake system market Size
Supply & Demand
Current Trends and Issues and Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes:

North America aircraft brake system market (U.S., Canada)
Latin America aircraft brake system market (Brazil, Mexico, Rest Of Latin America)
Western Europe aircraft brake system market (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe aircraft brake system market (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan aircraft brake system market (China, India, ASEAN, Australia & New Zealand)
Japan aircraft brake system market
Middle East and Africa aircraft brake system market (GCC countries, S. Africa, N. Africa, Rest of MEA)

The report on aircraft brake system market 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 in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The aircraft brake system market report also maps the qualitative impact of various market factors on market segments and geographies.

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Used Passenger Car Sales Market : Key Players, Growth, Analysis, by 2027

Easy availability of finance, and rising income level have made it easy to buy a new car. Despite this, used passenger car sales is anticipated to grow at a relatively high rate as compared to new passenger car sales, owing to factors, such as growing number of certified used car sellers, improved life of used cars, competitive pricing, availability of various finance and insurance options, warranties, etc.Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-3410

The used passenger car sales market has changed over the past few years. It is growing at a fast pace due to increasing population, rising income level of people, and the availability of a wide variety of cars in the market. In old days, there were no organized players in the used passenger car sales market, due to which majority of sales was through unorganized players and directly, between consumer to consumer. Many organized players have now entered the used passenger car sales market and they have earned trust amongst their buyers. As new car purchasers have the option of exchanging their old car for a new one, a variety of options are now available in the market. Used cars are checked thoroughly and are renovated by skilled labour, so as to provide better value. This gains trust and satisfaction amongst buyers, which in turn increases used passenger car sales. The used cars market is now structured and organized, due to which used passenger car sales is expected to grow.

Key Drivers, Trends, Restraints

There are various factors driving the used passenger car sales market, such as easy and simple options for loans, and the growing demand from the new generation, who have a tendency to change cars within two to three years. People want new technology at a less price, which is fulfilled by a used car.

Various other factors responsible for used passenger car sales are:

Improved quality of used cars:

Due to technological advancements, the quality of cars has been improved over past few years. The quality of material used in the car has been improved, due to which the average life of a car has increased. This has fueled the growth of used passenger car sales. At the time of resale, the seller carries out a multipoint checking of the car, so that the customer gets good quality at a less price. Attributing to this, the trust factor between buyers and sellers has increased and it is driving used passenger car sales.

Less usage:

As most families have more than one car, the use of one car is relatively less as compared to the other one. Also, the car is well maintained and these are the cars which are to be bought, as they offer excellent value for money. This is another factor responsible for increasing used passenger car sales.

Growing organized players in the used passenger car market:

Used passenger car sales is increasing over the past few years through organized players. These players provide better service and value for money to the customer, as compared to unorganized players in the market. They provide buyers with a wide variety of used cars to choose from. Cars that are available with these players are certified by quality engineers. Due to this, the risk of buying low quality used cars has been reduced drastically. Organized players have helped make the used car market more transparent and ensured fair prices for both, sellers and buyers. This has contributed to increasing used passenger car sales globally.

Online portals and internet access:

With easy availability of high speed internet, people are able to sell or buy used cars through various online portals. Due to this trend, search cost has come down and this has made a positive impact on the used passenger car sales.

Though used passenger car sales is growing, there is always a risk factor involved in buying a used car. This is mainly due to unorganized players that are not authorized by the government. Also, the trust factor has not been built completely between buyers and sellers, regarding the quality of the used car. The absence of knowledge of the history and quality of a used car is a restraining factor for used passenger car sales.

Used Passenger Car Sales Market Participants

Examples of some of the market participants in the global used passenger car sales market, identified across the value chain include:

CarMax Business Services, LLC
AutoNation.com
Penske Automotive Group, Inc.
America’s CAR-MART Inc.
Lithia Motors Inc.
Sonic Automotive Inc.
Auto Trader Ltd.
CarWale India
MXC Solutions India Pvt Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Mahindra First Choice Wheels Ltd.

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

The report covers exhaustive analysis on:

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

Regional analysis includes:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

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 within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

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Used Passenger Car Sales Market Segmentation

The global used passenger car sales market can be segmented on the basis of vehicle type, dealer type and fuel type.

On the basis of vehicle type, the global used passenger car sales market is segmented as:

Hatchback
Sedan
Sport Utility Vehicles (SUVs)
Multi-Purpose Vehicles (MPVs)

On the basis of dealer type, the global used passenger car sales market is segmented as:

Organized
Semi-Organized
Unorganized
Consumer to Consumer

On the basis of fuel type, the global used passenger car sales market is segmented as:

Petrol vehicles
Diesel vehicles
Hybrid vehicles

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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Automotive Air Filter Market Expected to Witness High Growth by 2026

An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and in vehicle engines. The cabin automotive air filter is a paper-pleaded filter, which is located in the air intake from outside for the passenger compartment of the vehicle. Some of the automotive air filters are rectangular or similar in shape as that of the combustion air filter, others have a unique shape to fit the available space of outside-air intakes. The very first automaker to provide a disposable air filter in order to clean the ventilation system was Nash Motors. The combustion automotive air filter restricts particulate matter to enter into the engine’s cylinders, where it can cause oil contamination and mechanical wear. Nowadays, fuel injected vehicles are using a paper pleated filter element that is in a flat panel form. These filters are placed in a plastic box connected with a throttle body. Older vehicles using throttle body or carburettors fuel injection system use a cylinder air filter, which are a few inches and are between 6 to 16 inches.

Global Automotive Air Filter Market: Drivers and Restrains
The ever increasing automobile market, and particularly the cars market is the major driving factor for the growth of global automotive air filter market and specifically the cabin filter market due to the cars market. Also automobile consumers are becoming aware about the importance of air filter for purified air and staying isolated in their passenger cabin from the atmosphere dirt that leads to the booming cabin air filter aftermarket.
However, the flourishing electric vehicle market is restricting the growth of intake air filter, which is specifically required in the internal combustion engines intake manifold. Thus it can slowdown the growth of global automotive air filter market.

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Global Automotive Air Filter Market: Segmentation

On the basis of type, the automotive air filter market can be segmented as:

Cabin air filter
Intake air filter

On the basis of filtering media, the automotive air filter market can be segmented as:

Synthetic
Cellulose
Activated carbon
Particle

Global Automotive Air Filter Market: Region Wise Outlook
The global automotive air filter market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. Europe is the dominant region in the global automotive air filter market owing to the ever increasing automobile market in this region. Asia Pacific is the second major contributor in the automotive air filter market due to the automobile giants such as Maruti, Hero and other companies. The companies such as General Motors, Ford are having a significant contribution in the global automobile market making North America a considerable player in the global automotive air filter market. Japan is technologically advanced country in terms of automotive markets and so the technology of automotive air filter is very common in this country. Latin America and Middle East and Africa are at a nascent stage in the automotive air filter market but is anticipated to have a modest CAGR in the forecasted period.

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Global Automotive Air Filter Market: Key Players
Some of the key players in the global automotive air filter market are as follows:

MANN+HUMMEL
Donaldson Company, Inc
NGK INSULATORS, LTD
Sogefi SpA
Mahle International GmbH
C & R Fab Media Private Limited
Melkev Machinery Impex
Global Filters
Simplex Corporation

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Automotive Conversion Kit Market Prospects and Growth Assessment 2026

OEMs and manufacturers in the automotive industry are gradually shifting their focus towards vehicle modification, wherein they can customize the vehicle as according to the customer requirement and desires, instead of purchasing new vehicles. Making use of automotive conversion kits proves to be more economical for customers, as they can fulfill their required need by modification. This trend of customization is further expected to gain traction over the forecast period and drive the need for automotive conversion kit among end users. The global automotive conversion kit market is forecast to grow at a healthy rate over the forecast period primarily due to the growing automobile production globally

According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Automotive Conversion Kit market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

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COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Automotive Conversion Kit market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Automotive Conversion Kit market.

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Automotive Conversion Kit Market: Segmentation

To gain a better perspective on the latest trends and opportunities, the information has been classified into key segments and sub-segments.

The Automotive conversion kit market cab be segmented on the basis of application, vehicle types and Regions wise. On the basis of application, automotive conversion kit can be segmented into Power conversion kit, Brakes conversion kit, Lights conversion kit, Locking system conversion kit, steering conversion kit and Energy saving conversion kit. Power conversion kit can further sub-segmented into diesel, propane, CNG, electric batteries and hydrogen. Brakes conversion kit can be further sub-segmented into Drum brakes and Disk brakes which can be further categories into rear brakes and front brakes. Light conversion kit can be sub-segmented into halogen, xenon, LED and laser which can further be categories into head light and tail light. On the basis of region, it can be segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.

Automotive Conversion Kit Market: Competitive Analysis

The report on the Automotive Conversion Kit market report offers a detailed analysis of some of the leading players operating in the market. It examines the impact of key strategies adopted by the market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

Key players covered in the report include:

Stark Automotive, Hidlook, SkyCNG, Nash Fuel, Inc., Canadian Electric Vehicles Ltd., EuropeGAS and Unitex Gas Equipment.

Critical Questions Answered in the Report

Which are the top manufacturing companies operating in the Automotive Conversion Kit market?
What will be the future outlook of the Automotive Conversion Kit market in the upcoming decade?
Which are the some of the lucrative markets for Automotive Conversion Kit market?
Which factors will drive the Automotive Conversion Kit market growth?
What are the challenges faced by the prominent players of the global Automotive Conversion Kit market?

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Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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Cargo Shipping Market : Technological Growth Map over Time

Trade liberalization and global economic growth boost the cargo shipping market. In the past decade cargo shipping market has fared quite successfully. With economic growth and development there is a direct increase in commodity consumption, which drives the cargo shipping market. Depending on the cargo and the type of storage, loading, unloading and securing it would require various types of ships for transportation.

Investments in port infrastructure and the global supply-demand cycle will have a positive impact on the shipping market. Growth in countries forging free trade agreements like AFTA (ASEAN Free Trade Area), TPSEP (Trans-Pacific Strategic Economic Partnership), and NAFTA (North American Free Trade Agreement) will drive the cargo shipping market. Transport is an essential link for trading, and the aim is to obtain raw materials for manufacturing industries, or trade manufactured goods in good condition, as and when they are required. Demand and supply for sea transportation has increased and five key things to be considered in the cargo shipping market are: economy, average haul, seaborne commodity, random shocks and transport cost. The cargo shipping industry is segmented on the basis of cargo and industry type. Infrastructure initiatives such as development of new ports and extension of existing ports leads to growth of the cargo shipping market. Container cargos load food, manufacturing industry’s raw materials and electrical & electronic goods. Liquid bulk cargos are loaded with oil from the oilfields at sea – to do this they moor bow type tankers, known as shuttle tankers. Developing economies in Asia-Pacific account for the significant market share; especially China, since it is a major exporter. Growth rate in Europe is presently steady and is expected to grow in the near future; owing to various initiatives by the European Union. Middle East and African regions have the highest potential in the coming years due to availability of oilfields; this is estimated despite the fall in oil prices internationally.

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Global Cargo Shipping Market: Segmentation

On basis of cargo type, the global cargo shipping market is segmented into:

Container cargo
20 foot (6.08 m) Twenty-foot Equivalent Unit (TEU)
40 foot (12.8 m) Forty-foot Equivalent Unit (FEU)
45 foot (13.7m)
48 foot(14.6m)
Bulk cargo
Commodity
Materials
Oil
General cargo
Solids
Raw materials

On basis of industry type, the global cargo shipping market is segmented into:

Food and Manufacturing
Fruits, drinks
Solids
Manufactured raw materials
Oil and ores
Petrol
Diesel
Iron ore
Electrical and electronics
Electrical equipment’s
Electronic equipment’s

Global cargo shipping market: Regional outlook

Developing economies in Asian countries drive the cargo shipping market and are estimated to hold the largest share of the cargo shipping market. European countries like UK, Spain, Germany and France, along with Russia will account for the second largest share. North America is projected to be third largest market share.

Global Cargo Shipping Market: Key Trends and Drivers

Global economic growth and progress in trading drive the cargo shipping market. Container transportation is increasing adopted globally to transport goods; it acts as a major driver for the cargo shipping market in both developed and developing countries. Another boon for this market are the free trade agreements being formulated by numerous countries. Supply chain management for marine trade has developed largely attributing to developing nations gaining a large market share in the cargo shipping market. Cargo shipping firms are facing challenges to a great extent owing to global environmental changes and geopolitics; this is proving to be a major restraint. Acquiring new containers is cost intensive, which is manifesting as a major restraint in the shipping industry and cargo shipping market.

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Global cargo shipping market: Key players

Examples of the market participants in the cargo shipping market, identified across value chains include CMA-CGM SA, A.P. Moller-Maersk Group, Mediterranean Shipping Company S.A., Panalpina World Transport (Holding) Ltd., DHL Global Forwarding, China COSCO Holdings Company Limited, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics and Deutsche Bahn AG.

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1-Hexene Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2029

1-Hexene is an organic compound with six carbon atoms and twelve hydrogen atoms. 1-Hexene is also called as alpha olefins or higher olefins as per the industrial classification. Two majorly used production processes of 1-Hexene include oligomerization of ethylene and dehydration of hexanol. Large volumes of 1-hexene are produced through oligomerization of ethylene, whereas dehydration of hexanol is used at smaller scale in the chemical industry. Various key players including SABIC, and Linde have developed their own technologies to manufacture 1-Hexene by olegomerization of ethylene. Continuous research and innovation has been done to improve the production processes, during the last two decades. The major applications of 1-hexene include, chemical synthesis, polymer productions and in manufacturing of flavors, perfumes and dyes. A significant amount of 1-hexene is consumed in the manufacturing of polyethylene. It is also used in production of linear aldehydes. Growing application industries of 1-hexene is expected to bolster the demand growth of 1-hexene during coming years. 1-Hexene market is dominated by tier one players, however the price competition from Chinese players is expected to impact on the dynamics of the market.

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Market Dynamics of 1-Hexene Market

Rising polymer production and growth in specialty chemicals market

A robust growth in polymer industry is pushing the demand for 1-henene globally. Increasing demand for polyethylene in various applications including packaging and agricultural, is bolstering the growth of 1-hexene market. Rising market demand for specialty chemicals is expected to drive the demand for 1-hexene. Easy raw material availability and increasing applications of LDPE and HDPE is the major driving factor of 1-Hexene market.

Price fluctuations of raw materials along with regulatory challenges can impact the demand for 1-hexene

Volatility in raw material prices and stringent regulations pertaining to the environment is a major challenge for the 1-hexene players. Long term supply contract with the raw material suppliers and raw material manufacturers is followed by some of the players to overcome the price volatility challenge. Availability of alternatives products in the market may also restrain the potential growth of 1-hexene market during the coming years.

1-Hexene market trends: Contracts and expansion are the key strategies followed in the market

Contracts and expansion contributes major part of the total number of strategies followed by the market players. Manufacturers of 1-hexene are signing the long term contracts with raw material supplier to balance the impact of price fluctuation.

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1-Hexene Market: Regional Outlook

Asia pacific is the leading region in the global 1-Hexene market, due to large population and growing per income of the population, along with the industrial growth in this region. Increasing population and strong economic growth in the China and India are supporting the chemical industry growth in this region. High growth in GDP of the region is also pushing the industrial production and chemical industry growth which is expected to reflect into growth in demand for 1-Hexene. Europe is expected to follow Asia Pacific 1-Hexene market, in terms of demand, however the stringent safety laws in Europe is restraining the potential growth of the 1-Hexene market in this region. North America followed Europe 1-Hexene market, expecting the significant growth over the forecast period. Increasing production of 1-Hexene in China at lower cost is increasing the price competition globally. This is pushing the 1-Hexene business in Asia driving the global demand for 1-Hexene.

Global 1-Hexene Market Participants

Some of the market participants identified across the value chain of global 1-Hexene market are:

Sasol
The Linde Group
Chevron Phillips Chemical Company
SABIC
The Dow Chemical Company
Royal Dutch Shell plc
Qatar Chemical Company Ltd (Q-Chem)
Idemitsu Kosan Co.Ltd
INEOS
Nizhnekamskneftekhim

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

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The global 1-Hexene market report covers exhaustive analysis on:

1-Hexene Market Segments
1-Hexene Market Dynamics
1-Hexene Market Size
1-Hexene Supply & Demand
1-Hexene Current Trends/Issues/Challenges
1-Hexene Competition & Companies Involved
1-Hexene Technology
1-Hexene Value Chain

The Global 1-Hexene Market: Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
Eastern Europe (Russia, Poland, CIS)
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

Global 1-Hexene Market Segmentation

On the basis of applications, the global 1-Hexene market can be segmented as:

Polyethylene production
Heptanol Production
Flavors
Perfumes
Dyes
Resins

On the basis of end use industry, the global 1-Hexene market can be segmented as:

Paper industry
Consumer goods
Chemical industry
Automotive industry
Packaging industry
Cosmetics & Pharmaceuticals industry

The Global Market 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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