Market Research Blog – Page 14424 – New Product Development

Automotive Airbag Market project a steady growth at 3.60% CAGR over 2021 and 2031

ESOMAR-certified consulting firm Future Market Insights’ report on global automotive airbag market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031. Growing usage of curtain airbags is increasing the demand for automotive airbags across the globe.

Demand for automotive airbags is rising extensively in emerging economies as the consumers in these regions are becoming more aware for the vehicle safety. Burgeoning sales of passenger vehicles across the globe have also augmented the demand of automotive airbags.

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As per the FMI’s analysis, due to the outbreak of coronavirus, sales of automotive airbags declined by -8% in 2020. However, recovery in automotive industry and recommencement of automotive production & manufacturing companies across the globe have improved the market growth.

Government increasing funding and initiatives towards the safety of vehicles have compelled the manufacturers to increase the usage of curtain airbags in all types of vehicles. Stringent regulations for the vehicle safety across the U.S., Germany, India and the U.K. is also expected to improve the adoption of automotive airbags over the coming years.

According to the FMI’s analysis, the global automotive airbags market reached a valuation of US$ 18.5 Bn, registering the sales of 370 Mn automotive airbags units in 2021.

Key Takeaways from FMI’s Automotive Airbag Market Study

By vehicle type, passenger cars will emerge as primary automotive airbag end-users, accounting for 77% market share.
In terms of sales channel, original equipment manufacturers segment is likely to emerge as the most lucrative segment
In terms of yarn type, Nylon-based airbags are the most preferred choice due to their better physical properties as compared to the polyester based airbags
Neoprene coated airbags will account for more than 70% of global market share during the forecast period
Japan and South Korea will collectively account for over 16% of global market share over the forecast period
Germany and the U.K. are anticipated to lead the Europe’s automotive airbag market, exhibiting the growth at 3.50% CAGR

“Increasing adoption of passenger cars and inclusion customized curtain airbags in vehicles are broadening expansion prospects for the market players. Technological advancement and high investment in research & development activity for the development of advanced airbags safety systems will create lucrative opportunity for the growth of the market,” says the FMI analyst.

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Competitive Landscape

Autoliv Inc., Toyobo Co. Ltd., Takata Corp., Hyosung Co., Daicel Corp., Wacker Chemie AG, Denso Corp., Delphi, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd., and Toyoda Gosei Co. Ltd are some prominent players operating in the automotive airbag market.

As per the FMI’s analysis, the market is consolidated with top 5 players dominating the automotive airbag market, accounting for over 70% of market share. Top 5 players include, Autoliv, ZF, Toyoda Gosei, Joyson Safety Systems, and Nihon Plast.

Automotive airbag Market by Category

By Vehicle Type:

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

By Product Type:

Driver Airbag
Passenger Airbag
Side Airbag
Curtain Airbag
Knee Airbag
Other Airbags

By Coating Type:

Neoprene
Silicone
Non-Coated

By Yarn Type:

Nylon
Polyester

By Sales Channel:

Original Equipment Manufacturers (OEMs)
Aftermarkets

By Region:

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

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Key Points Covered in Automotive Airbag Market Study

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 Automotive Airbag Market and How to Navigate
Recommendation on Key Winning Strategies

Top Reports Related To Automotive Market Insights

Automotive Pump Market : The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

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 Bike Market : 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).

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

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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Report: https://www.futuremarketinsights.com/reports/automotive-airbag-market
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Inherited Orphan Blood Disorders Therapeutics Market Growth Analysis, Outlook by – Trends, Opportunities and Forecast -2030

Inherited Orphan Blood Disorders Therapeutics Market: Drivers and Restraints

Inherited orphan blood disorders therapeutics market is driven by the increasing prevalence of inherited blood diseases in the developing and under developed economies. In addition availability of high unmet needs, increasing product pipeline for treating orphan blood disorders expected to create demand for these treatment options over the forecast period. Inherited orphan blood disorders therapeutics market is driven by increasing governments and regulatory bodies support by means of research and development investment, fast track approval for discovering newer treatments for these disorders. Apart from aforementioned factors financial incentives, premium pricing for these products helps to achieve significant revenue growth over the forecast period.

Blood disorders are mainly affect the one or more parts of the blood and prevent blood from doing its basic functions in the body. Blood disorders may be acute or chronic based on the cause and part of the blood system affected. Many blood disorders are inherited and some are acquired over the course of lifetime in a human being. Orphan diseases are those diseases which affect the fewer than 200,000 people which has been not adopted by the pharmaceutical companies owing to little financial incentives for discovery or marketing. There are several blood disorders which are considered orphan owing to lesser prevalence. Inherited blood disorders are seen due to genetic abnormalities in the patient population. Inherited orphan blood disorders includes sickle cell anaemia, thalassemia, and Hereditary Angioedema (HAE) which are less prevalent. There are very few therapeutic options available for addressing inherited orphan blood disorders.

Inherited orphan blood disorders therapeutics market hindered by the lack of awareness among healthcare professionals and patients about the disorder and treatments. The market restrained by slow adoption of treatments due to cost associated with it and absence of permanent cure for these diseases.

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Inherited Orphan Blood Disorders Therapeutics Market: Overview

Inherited orphan blood disorders therapeutics market is witnessing significant changes due to increasing product pipelines and rising awareness among clinicians about the disorders. Companies’ continuous investment in creating awareness and implementation of registries by Centers for Disease Control and Prevention are expected to change market dynamics over the forecast period.

Inherited Orphan Blood Disorders Therapeutics Market: Region-wise Outlook

Geographically, global inherited orphan blood disorders therapeutics market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America will remain key market for global inheritedorphan blood disorders therapeutics market due to rising R&D activities by key players, better reimbursement policies, and availability of advanced healthcare infrastructure helps to maintain larger market share in the globalinheritedorphan blood disorders therapeutics market by the region. Asia Pacific is anticipated to present growth opportunity owing to large untapped market and growing government’s interventions for improving healthcare infrastructure in the region.

Inherited Orphan Blood Disorders Therapeutics Market: Key Players

Some of the players in the global inherited orphan blood disorders therapeutics market are Biogen Idec, amida Cell, Anthera Pharmaceuticals, Alnylam Pharmaceuticals, Sangamo BioSciences, Global Blood Therapeutics, Mast Therapeutics, Genetix Pharmaceuticals Inc., Emmaus Medical, Inc., Prolong Pharmaceuticals, Calgene Corporation, Invenux LLC, Optinova Ab, HemaQuest Pharmaceuticals, and Acceleron Pharma. to name a few.

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, technology and applications.

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The report covers exhaustive 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 and Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
Eastern Europe (Poland, Russia and Rest of Eastern Europe)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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.

Inherited Orphan Blood Disorders Therapeutics Market: Segmentation

Inherited orphan blood disorders therapeutics market has been segmented on the basis of disorder type, therapy Type, distribution channel and Region.

Based on the disorder type, the global inherited orphan blood disorders therapeutics entry market is segmented into the following:

Sickle Cell Anemia
Thalassemia
Hereditary Angioedema (HAE)

Based on the therapy type, the global inherited orphan blood disorders therapeutics market is segmented into the following:

Blood transfusion
Bone Marrow Transplant
Antibiotics
Analgesics
Hydroxyurea
Iron Chelation
Folic Acid
C1-inhibitors
kallikrein inhibitor
Others

Based on the end user, the global inherited orphan blood disorders therapeutics market is segmented into the following:

Hospitals
Pharmacies
Drug Stores

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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

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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Medical Gas Analyzers Market Size, Status, Potential Growth, Regional Analysis, Recent Trends and Forecast to 2028

Medical gas analyzers are instruments used for determining and measuring qualitative and quantitative composition of pure medical gases, or mixtures of medical gases. Medical gases used in hospitals and other healthcare settings mainly comprise of medical air, oxygen, carbon di-oxide, nitrogen and nitrous oxide. Medical gas analyzers include equipment and instruments such as vacuum systems, regulators, flow meters, monitoring systems (such as alarms and monitors), fluidics (valves, pumps, tubing), sealing solutions, and concentrators. These instruments analyze the concentration of medical gases and their mixtures, such as oxygen-nitrous oxide, etc., along with their purities, and presence of any impurities such as water vapors, and other organic and inorganic impurities, in the medical gases. Medical gas analysis is becoming an important and integral part of patient monitoring, safety, and diagnosis along with patient treatment. The application of medical gas analysis is gaining momentum and is being implemented in various healthcare facilities worldwide.

Technological advancements in the medical gas analyzers market, with new and advanced products coming through the pipeline of major players, along with growing awareness of patient safety and monitoring among the healthcare service providers around the world, especially in the emerging economies, are some of the key drivers that are fuelling the growth of medical gas analyzers market. However, changing guidelines regarding calibration standards of analyzers, increasing burden of reimbursements on governments resulting in various organizations declining reimbursements for respiratory therapies, are some factors that are restraining the growth of medical gas analyzers in the global market

Based on equipment, vacuum systems contributed the largest share of the medical gas analyzers market in 2015, followed by monitoring systems .Based on application type, cardiovascular diseases segment dominated the global medical gas analyzers market. According to the American Heart Association, in 2015, cardiovascular disease is the leading global cause of deaths, with around 17.3 Mn deaths per year globally, followed by respiratory diseases. In 2013, according to World Health Organization (WHO), Chronic Obstructive Pulmonary Disorders (COPD) resulted in around 3 Mn deaths worldwide. Growing number of geriatric population, has resulted in an increase in cardiovascular diseases, respiratory disorders, and other age related diseases. Also, increasing air pollution and number of smokers, are some factors responsible for the growth of the global medical gas analyzers market.

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On the basis of regional presence, global medical gas analyzers market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the global medical gas analyzers market for due to advanced healthcare infrastructure, higher adoption of technologies, and availability of reimbursement policies. Asia Pacific market is anticipated to grow at the fastest growth rate during the forecast period, owing to factors such as increasing air pollution especially in countries such as China, Japan, and India. Growing medical tourism industry in these countries, is likely to attract patients from across the world.

Some of the major players in global medical gas analyzers market are Air Products and Chemicals, Inc., The Linde Group, Air Liquide, Matheson Tri-Gas, Airgas, GCE Holding AB, Messer Group Gmbh, Praxair, Inc., Taiyo Nippon Sanso Corp., Novair Medical, among others. New technologically advanced products and systems being launched in the global market, along with expansion in the emerging markets, and greater focus on patient care and monitoring, have been the major strategies adopted by major players in the global medical gas analyzers market.

The report covers exhaustive analysis on:

Medical Gas Analyzers Market Segments
Medical Gas Analyzers Market Dynamics
Historical Actual Market Size, 2013 – 2015
Medical Gas Analyzers Market Size & Forecast 2017 to 2027
Medical Gas Analyzers Market Current Trends/Issues/Challenges
Competition & Companies Involved
Medical Gas Analyzers Market Drivers And Restraints

Regional analysis includes:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Medical Gas Analyzers Market

The global market for medical gas analyzers is segmented on basis of equipment, applications, end user and geography:

Segmentation by Equipment

Vacuum systems
Regulators
Flow meters
Monitoring systems
Concentrators
Accessories (Outlets, Hose, etc.)

Segmentation by Application

Respiratory Diseases
Cardiovascular Diseases
Anesthesia
Medical Imaging
Cryotherapy
Laboratory Use
Others

Segmentation by End User

Hospitals
Ambulatory Surgery Centers
Diagnostic Centers
Academic Research Institutes

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Report Highlights:

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

Automotive Brake System & Components Market is set to grow at CAGR 4.1% through 2027 | Delphi Automotive PLC, Valeo S.A, Federal Mogul Holdings Corporation

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

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

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Additional Highlights of the Report Include:

On the basis of sales channel, aftermarket sales are expected to account for 51.1% value share of the market in 2017, which is expected to increase to around 54.3% by 2027.

Among vehicle type, demand for brake components in passenger cars is expected to remain robust throughout the forecast period. Passenger cars are expected to account for nearly 73.9% value share of the market over 2027.

The disc brake is expected to emerge as the most preferred brake type and is expected to witness a considerable rise in its demand during the forecast period.

The growth of high-performance cars and requirement for better friction materials to meet vehicle braking standards are observed as two of the major factors responsible for the market’s growth.

Market Segmentation

By Sales Channel

OEM
- Drum Brake
- Disc Brake
Aftermarket
- Brake Booster
- Master Cylinder
- Drum Brake
  - Drum
  - Brake Shoe
  - Wheel Cylinder
Disc Brake
- Rotor
- Caliper
- Brake Pad

By Vehicle Type

Passenger Car
LCV
HCV

By Region

North America
Latin America
Eastern Europe
Western Europe
APEJ
Japan
MEA

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

Top Reports Related To Automotive Market Insights

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.

Contact

Future Market Insights
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/automotive-brake-system-and-components-market
Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-brake-system-and-components-market

Air Bubble Bags Market: Global Industry Analysis and Opportunity Assessment 2017-2027

Air Bubble Bags Market Overview

Packaging has become a vital component of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of bags. Moreover, food products, health supplements and electronic components are some of the things that have observed improvements regarding demand over the last few years and are more easily available due to an effective packaging solution.

Air bubble bags are one of the effective packaging solutions that provides all the features related to high performance during transportation & storage and provide moisture, corrosion and shielding protection for sensitive products and components. In the absence of any major economic crunch, sales in key markets such as the US, China, Japan and France are expected to rise steadily over 2017-2027.

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Air Bubble Bags Market- Market Segmentation:

Air bubble bags market are segmented into by material type, closure type, by end use and by region. On the basis of material type, the air bubble bag market is segmented into plastic, aluminum foil, paper and paperboard. We can further categorized plastic and paper segment into polyethylene (PE), polyvinylidene chloride (PVDC), polypropylene (PP), polyvinylchloride (PVC), polyester (PET), polyamide (PA), Kraft paper, and others.

On the basis of closure type the global air bubble bag market can be segmented into slider, zipper and slider-zipper type. On the basis of end use, air bubble bags market can be segmented into food industry, pharmaceutical industry, gifts, mailing, garbage use, industrial goods, automotive products, electronics and others.On the basis of region, we have segmented air bubble bags market into, North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa.

Air Bubble Bags Market – Market Dynamics:

Growth in demand for air bubble bags market is expected to grow strongly for several reasons. Due to speedy urbanization and industrialization the air bubble bags market is undergoing technological advancements. Other than that rising use of air bubble bags in pharmaceutical, food and beverage industry is significantly fuelling this market. The fulfillment of online sales will be another driver of growth for air bubble bags market.

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The other factors which are supporting in healthy expansions for products such as protective mailers, bubble packaging etc. Moreover, void-fill materials benefiting the air bubble bags market to gain advantages over other fill materials in terms of cost-effectiveness and less material usage. Another important factor towards the growth of moisture barrier bags market is the increasing modern retail due to its vast adaptability and increasing disposable income among consumers globally.

Another factor that is fueling the growth of air bubble bags market is the increasing demand for pharmaceutical product and medicine through e-commerce channel. Furthermore, the rise in the usage of the electronic component in the key industrial sectors is another factor contributing towards the growth of air bubble bags market. However, government regulation towards the use of plastic is expected to hamper the growth of air bubble bags market.

Moreover, the high cost of air bubble bag packaging is considered as another restraining factor towards the growth of air bubble bags market. Furthermore, the usage of heat seal bags is expected to hinder the growth of air bubble bags market due to its non-reusable nature.

Air Bubble Bags Market – Regional Outlook:

Geographically, the air bubble bags market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The growth of global air bubble bags market is expected to witness a healthy CAGR over the forecast period of 2017-2027. Moreover, Asia-Pacific is expected to witness a high growth of air bubble bags market due to the rising consumption of food products. The demand of the air bubble bags market is expected to witness an above average growth in North America due to the higher adoption of air bubble bags for commercial and industrial use.

Air Bubble Bags Market – Major Players:

Some of the major players identified across the globe in the air bubble bags market are Amcor Limited, Bemis Company Inc., Berry Plastics, Sealed Air Corporation, Wipak Group, Mondi Group, Wenzhou Chuangjia Packing Material Co., Ltd., Dongguan OK Packaging Manufacturing Co., Ltd., Cangnan Kanghui Packaging Co., Ltd., Shenzhen Rishanhong Plastic Packaging Products Co., Ltd. etc.

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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 geography type, material type, closure type, by end use.

The Report covers exhaust Analysis on:

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

Regional Analysis includes:

North America
Latin America
Europe
Asia Pacific
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 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.

Organic friction modifier additives market will expand at a CAGR little under 5% during 2017 to 2022

Increasing use of organic friction modifier (OFM) additives for lubrication of automobile, aviation, rail, industrial and energy/ power machinery components is driving its demand across the globe. Future Market Insights (FMI)’s latest report reveals that the global organic friction modifier additives market is set to surge at a steady CAGR of 4.9% during the forecast period (2017-2022). As per the report, this market is estimated to reach a valuation of over US$ 500 Mn by 2022-end. OFM additives make a massive impact on the tribological attributes of the lubricant, increasing its functionality and efficacy to a significant extent.

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Moreover, OFM additives ensure smoother mobility of mechanical components, which is critically essential in airplanes, vehicles and several other industrial equipment. There has been a significant increase in demand for OFM additives due to their benefits and overwhelming results. Factors as such are expected to reflect favorably on the global sales of OFM additives over the next couple of years. On the flip side, the growth of global market for OFM additives is expected to be impeded by introduction of more affordable substitutes such as corrosion and oxidation inhibitor anti-wear agents, detergent additives, dispersant additives and oiliness agents among others.

Based on additive type, demand for polymers additives will remain relatively high as compared to additives such as fatty acids and esters & amides in 2017 and beyond. Global sales of polymer additives currently account for more than 34% revenue share of the market. In addition, over US$ 170 Mn worth polymer additives are estimated to be sold globally by the end of assessment period, exhibiting an impressive growth. Meanwhile, global sales of fatty acids and esters & amides additives will collective represent for the largest market share over 2022.

Based on end use, OFM additives is expected to remain crucial in automobile lubricants throughout the projection period. OFM additives used in automobile lubricants currently command for nearly 44% revenue share of the market. By the end of 2022, more than US$ 220 Mn worth OFM additives are expected to be used automobile lubricants. Use of additive in industrial lubricant in also projected to increase at a significant rate between 2017 and 2022.

Among regions, the OFM additive market is the Asia-Pacific excluding Japan (APEJ) region is projected to remain highly lucrative during the forecast period. Currently, the APEJ accounts for the largest market share in terms of revenue and is likely to continue its dominance in 2017 and beyond. Further, APEJ’s OFM additives market is expected to surge at a sound CAGR during 2017 to 2022 and reach a valuation of more than US$ 150 Mn. This mainly attributed to the growing demand for additive in emerging countries such as India and China, as they are undergoing an industrial revolution and experiencing an economic boom. Meanwhile, North America is expected to remain the second largest market for OFM additives over 2022.

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Competitive Landscape

Some of the prominent market players profiled in FMI’s report include Dow Chemical Company Limited, Chemtura Corporation (LANXESS Solutions US, Inc.),BASF SE, Eastman Chemical Co., Celanese Corporation, Cargill, Inc., Croda International Plc., International Lubricants Inc., Afton Chemicals Corporation, and Multisol Ltd.

Many of these companies are actively focusing on improving product efficacy and expanding production capacity in order to tap the market opportunities. In addition, partnership, collaboration and M&A activities will continue to be a major trend in the market. A majority of market participants are also inclining towards joint ventures and strategic deals to strengthen their sale and distribution network.

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Key Segments Covered

Additive Type

Polymers
Fatty Acids
Esters & Amides
Others

End User

Automobile Lubricants
Industrial Lubricants
Aviation Lubricants
Energy/ Power Generation Lubricants
Rail Lubricants

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About Future Market Insights (FMI)

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Cerebral Palsy Market Report Overview, Company Profiles, Consumption by Region, Value Chain and Sales Analysis to 2027

Cerebral Palsy Market: OverviewCerebral Palsy market is expected to grow at a significant rate, over the forecast period. The market is anticipated to perform well over the forecast period due to increasing number of patients suffering from cerebral palsy along with the availability of more drugs in the market. Also the cerebral palsy market is expanding globally due to increasing distribution partnerships among cerebral palsy drug manufactures. The cerebral palsy market is expected to grow with a fastest CAGR over the forecast period. Increasing competition among major companies in the market to develop new formulation drugs which cures more than one symptoms also drives the cerebral palsy towards the growth curve.

Cerebral Palsy is a neurological disorder caused by damage to developing brain of an infant during birth, before birth or immediately after birth. It affects the person’s ability to move as it affects body movement, muscle coordination, muscle tone (spasticity), motor skills including oral motor functioning. Thus the person suffering from cerebral palsy shows the signs and symptoms of physical impairment, intellectual impairment, seizures, and vision or hearing impairment. Patient suffering from cerebral palsy has abnormal gait pattern as the affected limb becomes stiff leading to painful, awkward positions. The condition also affects balance, posture and coordination of a patient thus impacting daily routine activities of the patient suffering from CP.

However the signs and symptoms of cerebral palsy differ from person to person as the condition can affect one extremity or more than one extremity. Also some cases might land up into total paralysis and require aggressive treatment plan while other cases might show slight tremors that can be cured by physical therapy only. The severity of the condition depends upon the type of injury and the timing of the injury to the developing brain.

Cerebral Palsy market comprises of the drugs which cures symptoms caused by the cerebral palsy such as drugs for uncontrolled body movements, controlling seizures, spasticity, pain etc. Major companies in cerebral palsy market deals with anti-spastic medications

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Cerebral Palsy Market: Drivers and Restraints

Cerebral Palsy market is growing, this is attributed to increasing prevalence of cerebral palsy along with increasing awareness of parents of cerebral palsy child regarding the condition and its treatment options available in the market. Factors such as increasing reliance on medications for controlling the symptoms of cerebral palsy is expected to contribute significantly to the cerebral palsy market revenue in the near future. In addition to this, growing healthcare expenditure, and rising insurance coverage also aids the growth of cerebral palsy market as increasing number of patients are opting for the drugs which halts the deterioration process of the muscles. Also, availability of newer cerebral palsy drugs drives the cerebral palsy market, giving enormous opportunities to the companies within this market. However side effects associated with these drugs along with availability of other treatment methods such as physiotherapy and rehabilitation hamper the revenue growth of cerebral palsy market over the forecast period

Cerebral Palsy Market: Region-wise Outlook

Depending on geographic region, the cerebral palsy market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America is the largest regional market owing to high patient awareness levels regarding various drugs available for cerebral palsy, increasing healthcare expenditure and relatively larger number of R&D exercises pertaining to drug manufacturing and marketing etc. these factors contribute for significant revenue generation from the region.

Asia Pacific is expected to grow at the fastest CAGR because of increasing prevalence of cerebral palsy seen in infants in the region thus boosting the revenue growth of cerebral palsy market throughout the forecast period.

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Cerebral Palsy Market: Key Players

Some players of cerebral palsy market includes Allergan Plc, Cellular Biomedicine Group, Merck & Co., Inc., Pfizer Inc., GlaxoSmithKline plc., etc. whereas some and regionalplayers also have a significant presence in cerebral palsy market.

The report covers exhaustive 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 (Brazil, Mexico, Argentina, Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, BENELUX)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa)

Cerebral Palsy Market

The Cerebral Palsy market is segment based on the drug type, end user and disorder type

By Drug Type

Anticholinergic Drugs
Anticonvulsants Drugs
Antidepressants Drugs
Anti-spastic Drugs
Anti-inflammatory Drugs
Others

By Type of Cerebral Palsy

Spastic Cerebral Palsy
Dyskinetic Cerebral Palsy
Hypotonic Cerebral Palsy
Ataxic Cerebral Palsy
Mixed Cerebral Palsy

By Distribution Channel

Hospitals
Retails pharmacies
Online Pharmacies

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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

Electric Scooters Market leading to expansion at a healthy 9% CAGR between 2021 and 2031 | Alta Motors, Ather Energy, Bajaj Auto

ESOMAR-certified consulting firm Future Market Insights’ (FMI) recent market survey forecasts sales of electric scooters to continue increasing between 2021 and 2031. As per the report, the market will reach US$ 8.8 Bn in 2021, leading to expansion at a healthy 9% CAGR.

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.

Growth forecasts remain positive for the market. While hindrances were likely amid COVID-19 induced restrictions, sales will recover at an impressive pace. FMI also forecasts the market to exhibit 5.5% year on year growth in 2021.

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Increasing government-backed subsidies and rising concerns regarding decarbonization will spur demand for electric scooters in the upcoming years. Rapid urbanization, coupled with growing population across the globe is fueling sales of electric scooters.

Growth prospects remains positive for upcoming years, with leading manufacturers launching hybrid and technologically advanced models of electric scooters, catering to rising consumer demand. As per FMI, the top players in the market will account for 55% of sales in 2021.

Increasing efforts to curb carbon emissions and to reduce high congestion in roads in developing countries such as the U.S. and the U.K. are boosting adoption of three-wheeled electric scooters. Convenience, stability and easy mobility offered by electric scooters is augmenting adoption in university campuses and neighborhoods increasingly.

Additionally, in emerging economies, growing preference for two-wheeler and three-wheeled electric scooters is gaining immense traction. Easy accessibility, low-costs and increased navigational abilities offered by electric scooters will keep demand for electric scooters afloat in countries including China, India and Mexico.

“Rising concerns pertaining to carbon emission and rapid urbanization will spur demand for electric scooters through the assessment period. Government initiatives to encourage the adoption of electric vehicles across the globe will emerge as chief driving factor,” says an FMI analyst.

Key Takeaways from Electric Scooters Market Analysis

Lithium-ion batteries will dominate the battery type segment throughout the forecast period.
Maxi electric scooter sales will witness high demand, owing to features such as stability and durability.
Based on technology, battery-equipped electric scooters will account for maximum sales in the market.
The U.S is anticipated to experience increasing demand for three-wheeled electric scooters in the upcoming years.
Sales outlook in the U.K. appears to be positive with increasing adoption in tourist mobility.
India will provide lucrative opportunities for market expansion to global players, owing to government subsidies prompting adoption of electric scooters.
Japan and South Korea will collectively account for 8.7% of the market share.

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Competitive Landscape

Alta Motors, Ather Energy, Bajaj Auto, BMW Motorrad International, Cezeta, Energica Motor Company, Evoke Motorcycles, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, ReVolt Electric Motorbikes, Xiaomi, and Yamaha Motor Company Limited are among the top manufacturers of electric scooters, as profiled by FMI.

Top electric scooter manufactures are emphasizing research and development to incorporate technological advancements in electric scooters to establish themselves as prominent players in the market. Facility expansions and new vehicle launches will remain key strategies leveraged by manufacturers in the market. For instance:

In June 2021, Piaggio revealed technical specifications for its latest electric scooter known as ‘One’. The e-scooter will be launched in three variants, One, One+, and One Active, with a digital instrument panel and removable battery system.

In July 2021, Xiaomi launched new Ninebot C30 electric scooter in China for teenagers and young adults looking for affordable and light-weight vehicles for easy navigation in Chinese suburbs.

Electric scooters Market by Category

By Product Type:

Standard
Folding
Self-Balancing
Maxi
Three-Wheeled

By Battery Type:

Li-Ion
NiMH
Lead-Based

By Technology:

Plug-In
Battery

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa

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Table Of Content

Executive Summary
Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Electric Vehicles Market Overview

Global Electric Scooters Market Analysis Scenario

3.1. Market Volume Analysis

3.1.1. Installed Base By Region

3.1.2. Replacement Rate and Cost Tear Down Analysis

3.2. Pricing Analysis

3.2.1. Pricing Assumptions

3.2.2. Price Projections Per Region

3.3. Market Size (US$ Mn) and Forecast

3.3.1. Market Size and Y-o-Y Growth

3.3.2. Absolute $ Opportunity

3.4. Market Overview

3.4.1. Value Chain

3.4.2. Profitability Margins

3.4.3. List of Active Participants

3.4.3.1. Component Suppliers

3.4.3.2. Manufacturers

3.4.3.3. Distributors / Retailers

Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunity

4.4. Trends

4.5. Forecast Factors – Relevance and Impact

Key Points Covered in Electric Scooters 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 Electric Scooters Market and how to Navigate
Recommendation on Key Winning Strategies

Top Reports Related To Automotive Market Insights

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Automotive Ignition Coil Market to register 4.4% CAGR between 2021 and 2031 | NGK Spark Plug Co. Ltd., BorgWarner Ludwigsburg GmbH

Future Market Insights (FMI) has projected the global automotive ignition coil market to register 4.4% CAGR between 2021 and 2031. Growing adoption of dual spark ignition coils will continue increasing the demand in the market.

Sales of automotive ignition coils is particularly high in emerging economies such as India, China, and South Korea as these countries increase focus on improving fuel and engine efficiency.

Burgeoning sales of passenger vehicles across the globe also is augmenting the sales of automotive ignition coils, especially across South Korea and Japan. Over 75% of automotive ignition coil sales will be accounted by passenger cars, opines FMI.

As per Future Market Insights, Japan and South Korea will collectively account for over 14% of global market share over the forecast period

Due to the outbreak of novel coronavirus, sales of automotive ignition coils declined, registering growth at 0.1% CAGR by the end of 2020. However, recovery in automotive industry post containment of the pandemic will steer growth in the market.

According to the FMI’s analysis, the global automotive ignition coils market is expected to reach US$ 3.8 Bn in the next couple of years.

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Key Takeaways from FMI’s Automotive Ignition Coil Market Study

By vehicle type, passenger cars will emerge as primary automotive ignition coil end users
In terms of sales channel, original equipment manufacturers are likely to emerge dominant
In terms of product type, pencil ignition coils are the most preferred choice due to their accuracy and efficiency in reducing carbon emission and improving engine efficiency
Double spark coils will emerge as the most lucrative segment in terms of product, accounting for more than 50% of global automotive ignition coil sales
Heavy commercial vehicle (HCV) segment will account for more than 5.1% of global market share during the forecast period
Light commercial vehicle segment will register growth at over 3.1% CAGR between 2021 and 2031
Germany and the U.K. are anticipated to lead the Europe’s automotive ignition coil market on the back of increasing production of passenger cars

“Increasing production of passenger cars and higher integration of double spark ignition coils in compact and mid-size passenger cars are broadening prospects for the market players. To capitalize on existing opportunities and counter the threat from alternatives, market players are investing in technological advancements to develop innovative ignition coils that offer higher engine efficiency,” says the FMI analyst.

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Competitive Landscape

Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co. Ltd., BorgWarner Ludwigsburg GmbH., Valeo SA, Robert Bosch, Delphi Automotive PLC, Hitachi Automotive Systems Americas Inc., AcDelco, and Marshall Electric Corp among others are some prominent players operating in the automotive ignition coil market.

As per the FMI’s analysis, the market is consolidated with top 5 players dominating the automotive ignition coil market, accounting for over 30% of market share. Top 5 players include Denso Corporation, Diamond Electric, Hitachi Astemo Ltd., NGK Spark Plug Co., Ltd., Robert Bosch.

Market segmentation

Product Type

Can-type Ignition Coil
Electronic Distributor Coil
Double Spark Coil
Pencil Ignition Coil
Ignition Coil Rail
Others

Vehicle Type

Passenger Cars
LCV
HCV

Sales Channel

OEM
Aftermarket

Region

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

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More Insights on the Global Automotive Ignition Coil Market

In its latest report, FMI provides an incisive coverage on the global automotive ignition coil market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of vehicle type (passenger cars, light commercial vehicle, and heavy commercial vehicle), product type (can-type ignition coil, electronic distributor coil, double spark coil, pencil ignition coil, ignition coil rail, and others), and sales channel (original equipment manufacturers and aftermarket) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

Top Reports Related To Automotive Market Insights

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.

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Mr. Debashish Roy
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Travel Pouches Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2020-2030

Travel Pouches Market Overview

Pouches are one of the most widely traded commodities in the world. Carrying camera, mobile and many other daily activities we can’t think without having a travel pouch. These pouches have become a new trend to carry material easily and with an organized manner.

The trend of carrying mobile or cameras for vacations or to carry medical accessories, daily using products are propelling the market of travel pouch. Changing consumer lifestyle has improved the requirement on processed, pre-cooked and packed foods, which also organized the entire flexible packaging supply chain to sync product offering as per end customer requirement. Customization of travel pouches in terms of space, capacity, and design can boost the market globally in the forecast period.

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Travel Pouches Market- Market Dynamics:

Growth in demand for travel pouches market is expected to grow significantly for many reasons. Due to the increase of trade activities and material transportation travel pouches market is growing significantly. The increasing demand of daily carry out activities are boosting the market of travel pouches. Attributable to the boom in online commerce, travel pouches sales through the internet have been growing at a significant pace.

Technological improvements, such as the facility of coolant or heater in the bag as per the material requirements is also anticipated to boost market growth over the forecast period. Moreover, light weighted travel pouches are strengthening the market rapidly. Durability of these pouches compare to metal containers are less, which can be a restraint for the travel pouches.

The increasing demand for customized bags from different industries like food & beverages, pharmaceuticals, chemical can also be a good opportunity for the travel pouches market.

Travel Pouches Market- Regional Outlook:

Travel pouches market is expected to register a high CAGR for the forecast period. Depending on geographic regions, travel pouches market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Asia Pacific is expected to witness the maximum growth in the travel pouches market primarily driven by the developing countries like India and China.

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The rising disposable income, growth in the retail industry, urbanization are some of the factors that contribute to the growth in the developing countries of Asia Pacific. Europe is also expected to experience the healthy growth in the travel pouches market as it accounts for over 55% of market share in the overall pouch market. North America is expected to achieve an above average growth in the travel pouches market over the forecast period.

Travel Pouches Market- Major Players:

Some of the key players of the global travel pouches market are PETZL SECURITE, UTILITY DIADORA, Beal Pro, IRUDEK 2000, ROX, BLAKLADER WORKWEAR, NEOFEU, Cangnan Environment Bag Co., Ltd., Cangnan Great Shopping Bags Co., Ltd., GeoMax, Precintia International, Ansell Protective Solutions, HELLY HANSEN Work Wear, Shenzhen Weiyi Fashion Gift Co., Ltd., Swiss Rescue, DMM Professional, Grundens of Sueden, Versar PPS, MALETAS TECNICAS BOXFORT, LAFONT, SOMAIN SECURITE, Louis Blockx and NNZ.

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 geography, material type, product type and by end use type.

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The Report covers exhaust Analysis on:

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

Regional Analysis includes:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Travel Pouches Market- Market Segmentation:

Travel pouches market are segmented into by material type, product type, by end use and by region

On the basis of material type the travel pouches market is segmented into

plastic
leather
paper
others
jute
rubber
fiber travel pouches

On the basis of product type the travel pouches market can be segmented into

hand pouches
organizer pouches
Others

Based on the end use type the global travel pouches market can be segmented into

commercial use
non-commercial
electronic gadgets
food
clothing products
pharmaceuticals products
cosmetics and personal care
industrial goods