Automotive Window Regulator Market is projected to be valued at ~US$ 13.7 Bn in 2021, expanding at a CAGR of ~4.5% over the forecast period of 2021-20

As per Future Market Insights (FMI) analysis, the automotive window regulator market is projected to be valued at ~ US $ 13.7 Bn in 2021, expanding at a CAGR of ~ 4.5% over the forecast period of 2021-2031.

Windows are a safety feature in vehicles and the rising demand for advanced automotive electronic components to ascertain enhanced safety of passengers is expected to be the key factor driving the automotive window regulator market throughout the forecast period.

The ongoing crisis caused by COVID-19 pandemic had a severe impact on the global economy. It resulted in complete shutdown of supply chain networks and manufacturing facilities around the world.

Subsequently lockdown restrictions imposed during the pandemic affected the automotive window regulator market, causing a significant slump in the growth. However, automotive window regulator market is expected to recover as economic activities resume post the containment of pandemic.

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Key Takeaways of Automotive Window Regulator Market Study

  1. Passenger cars are expected to account for nearly 80% sales in the automotive window regulator market.
  2. On the basis of product type, demand in the automated segment is estimated pick up pace and account for 87% of sales in 2021.
  3. East Asia will emerge as a highly lucrative market. China is expected to be at the forefront, driving sales of automotive window regulators in East Asia.
  4. The presence of some of the leading automakers positions Germany as a highly attractive market within Europe.
  5. Consistently surging passenger vehicle production will enable growth in the U.S.

 “Due to frequent use of window regulators in cars, trucks, and industrial vehicles, it has become very important for manufacturers to make high quality window regulators that offer both longevity and reliability. Geographical expansion, partnerships & collaborations and development of innovative technologies are some of the popular growth strategies adopted by market players,” says a Future Market Insights analyst.

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Automotive Window Regulator Market by Category

Product Type:

  • Manual
  • Automated

Construction Type:

  • Cable Type
    • Single Rail
    • Double Rail
  • Arm Type
    • Single Arm
    • X Arm

Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Sales Channel:

  • OEM
  • Aftermarket

Region:

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

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Competitive Landscape

The automotive window regulator market is moderately fragmented, in which the leading players account for nearly half of the market share. The penetration of smaller regional players makes this market more competitive.

Some of the key players in the market are Brose Fahrzeugteile GmbH & CO. Kg, Group Antolin- Irausa SA, Hi- Lex Corporation, Imasen Electric Industrial Co. Ltd., Valeo SA, Magna International, Shiroki Corporation, Robert Bosch GmbH, Continental AG, Kongsberg Automotive, Castellon Automotive, Inteva Products, Johnan Manufacturing, IFB Automotive Pvt Ltd., Tokai Rika and others.

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

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

About FMI

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

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Car Battery Chargers Market will generate new growth opportunities by 2027

Future Market Insights’ research on the Car Battery Chargers market offers a comprehensive overview for the forecast period of 2021-2031. 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 Car Battery Chargers 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 Car Battery Chargers 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 Car Battery Chargers 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.

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 Car Battery Chargers market.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Car Battery Chargers market.

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Car Battery Chargers Market: Segmentation

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

On the basis of charging type, the car battery chargers market can be segmented into:

  • Manual Charging
  • Automatic Charging

On the basis of charger type, the car battery chargers market can be segmented into:

  • Smart/Intelligent Charger
  • Float Charger
  • Trickle Charger

Car Battery Chargers Market: Competitive Analysis

The report on the Car Battery Chargers 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:

  • CTEK Holding AB
  • Delphi Automotive
  • Schumacher Electric Corporation
  • Clore Automotive LLC
  • Baccus Global LLC
  • Robert Bosch GmbH

Critical Questions Answered in the Report

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

Automotive Brake System & Components Market is set to grow at CAGR 4.1% through 2027 : FMI

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.

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

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

Electric Scooters & E-Scooters Market Trends Analysis: Future Market Insights

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.
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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 a growing population across the globe is fueling sales of electric scooters.

Growth prospects remain 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 the 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, the 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 a chief driving factor,” says an FMI analyst.

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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 the 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.

More Insights on the Electric Scooters Market

In its latest report, FMI offers an unbiased analysis of the global electric scooters 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 product type (standard, folding, self-balancing, maxi and three-wheeled), battery type (li-ion, NiMH, lead-based), technology type (plug-in, battery), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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Cognitive Neuroscience Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2031

According to the latest research by Future Market Insights, Cognitive neuroscience market is set to witness a 4.6% CAGR growth during the year 2021-2031. The market has been a moderately competitive market developing at a rapid rate and is anticipated to observe lucrative growth with rising cases of neurological disorders that include Parkinson’s, Alzheimer’s diseases, and other dementias are projected to drive the market growth.

Also, neuroscience-based initiatives by government bodies, high influencing factors, such as current brain mapping research and investigation ventures, and technological advancements in algorithms and tools that are applied in neuroscience space, are anticipated to propel the market growth.

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What is Driving Demand for Cognitive Neuroscience?

The rising number of brain-related disorders and the number of advanced healthcare systems are certain driving factors for the market.

Furthermore, key factor that has accelerated the research studies in this arena is the growth in the number of various malignant CNS disorders such as Parkinsonism and Alzheimer’s disease. As geriatric population is prone to various central nervous systems associated disorders such as schizophrenia, Alzheimer’s, and Parkinsonism, with growth in the older population, this market is anticipated to witness lucrative growth.

Also, constant launch of novel products by major participants in the market to fight several neurological disorders is anticipated to increase Y-O-Y growth of this market.

Surge in Number of Deaths Due to Neurological Disorders likely to boost the Cognitive Neuroscience Sales

The rising incidents of neurological disorders, which include Parkinson’s, Alzheimer’s, and other brain-related disorders are expected to encourage participants in the cognitive neuroscience market to help combat such disorders. In 2018, over one hundred thousand people died because of Alzheimer’s in the United States.

Also, rising number of neurological disorder cases are expected to increase the number of deaths occurring due to these disorders. Moreover, the government bodies are growing the medical expenditure to support development of medical facilities in neuroscience leading to development of the market.

US and Canada Cognitive Neuroscience Market Outlook

United States and Canada led the Cognitive Neuroscience market. U.S. Cognitive Neuroscience market is anticipated to witness noteworthy growth owing the existence of neuroscience based research organizations as well as availability of advanced healthcare systems.

Moreover, large organizations and many neuroscientists are spreading knowledge and awareness through programs concerning the brain system in government as well public offices. Also, rise in number of deaths associated with neurological disorders is one of the key factors for the development of the market in U.S.

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Europe Demand Outlook for Cognitive Neuroscience

Europe is second leading market and is anticipated to register a significant growth because of the growing burden of neurological diseases in Europe and the availability of large manufacturers in the region.

In 2017, as per ‘The burden of neurological diseases in Europe’ report, over a million deaths occurred in the WHO European region due to neurological diseases. It lead towards a high demand for the growth of the cognitive neuroscience market.

Who are the Key Manufacturers and Suppliers of Cognitive Neuroscience?

Some of the leading manufacturers and suppliers of cognitive neuroscience include

  • Siemens Healthineers
  • Scientifica Ltd.
  • Alpha Omega Inc.
  • GE Healthcare
  • Biobserve GmbH
  • NeuroNexus Technology
  • Laserglow Technologies
  • Kendall Research Systems LLC and others.

The cognitive neuroscience market is moderately competitive, with the existence of a large number of players in global markets. Key players in the market are focusing on mergers & acquisitions and partnerships with other small players. Moreover, companies are also concentrating on research activities and new product launches.

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.

Cognitive Neuroscience 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
Key Segments

By Type:

  • Magnetic Resonance Imaging (MRI)
  • Functional Magnetic Resonance Imaging (fMRI)
  • Positron Emission Tomography (PET)
  • Magnetoencephalography (MEG)
  • Encephalography (EEC)
  • Near Infrared Spectroscopy (NIRS)
  • Single Photon Emission Computed Tomography (SPECT)

By Application:

  • Brain Imaging
  • Neurological Research
  • Neurological Disorders
  • Psychiatry

By End User:

  • Pharmaceutical Companies
  • Clinical & Research Laboratories
  • Academic Research Institutes
  • Hospitals & Pathology Laboratories
  • Others

By Region:

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

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Automotive Ignition Coil Market to register 4.4% CAGR between 2021 and 2031

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.

Probiotic Supplements Market is projected to register a CAGR of 15% during the forecast period 2019-2027

Technological advancements in the field of molecular biology and gene sequencing are allowing researchers and scientists to develop new probiotic formulas that are tailored to consumer requirements. The global probiotic supplements market is projected to register a CAGR of 15% during the forecast period (2019-2027).

Manufacturers are focusing on product differentiation on the basis of functional properties, multi-strain supplements, unique flavors, new product formats (gummies), and novel packaging formats to target specific consumer groups.

Though probiotic supplements have been largely considered to be beneficial for gut health, their potential side-effects such as nausea and headache still continue to limit sales to a certain extent. However, continued efforts in development of specific probiotic strains with significantly less or no side effects will be an important factor shaping sales of probiotic supplements in the near future.

In recent years, the probiotic supplements market has experienced a lot of regulatory backlash. However, rapidly developing preventive healthcare approach and longstanding acceptance of probiotic supplements among consumers, and resurgence of recommendations by health care practitioners for use of these supplements are offering tailwinds to the market growth.

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Key Takeaways – Probiotic Supplements Market Study

  • North America is projected to be a key market, as dietary supplements industry remains concentrated in the region. Demand for probiotic supplements is gaining a boost from consumer inclination towards alternative health practices and preventive healthcare.
  • Several manufacturers are offering probiotic supplements consisting of bacterial strains beneficial for children as well as adults, in order to target diverse demographic groups.
  • Lactobacillus-based probiotics are widely used to maintain female intimate health, making it one of the most preferred products as compared to Bifidobacterium- and streptococcus-based probiotic supplements.
  • Zero-calorie and sweetener-free tags attached to probiotic supplements continue to play a key role in boosting their demand.

Sales of Probiotic Supplements for Kids to Witness Rampant Growth

In recent past, there has been an increase in number of cases of gastrointestinal-related diseases in children. Such cases were usually addressed with over-the-counter medication, which often caused a few side effects. This has created a highly conducive environment for development of relatively-safe probiotic supplements with certain strains of bacteria that are perceived to be good for children’s gut health. Manufacturers are targeting the highly lucrative kids segment by launching products with unique flavours, colors, and shapes that have more consumer appeal.

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Know More About What Report Covers

Future Market Insights, in its new offering, offers an unbiased analysis of the global probiotic supplements market, presenting historical demand data (2015-2018), and forecast statistics for the period, 2019-2027. The study divulges compelling insights on the probiotic supplements market on the basis of end use, bacteria, distribution channel, and region. Based on end use, the segmentation includes women, seniors, and kids. Probiotic supplements for women are expected to account for the highest market share, followed by seniors, over the forecast period.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Human Milk Oligosaccharides Market Global Industry Analysis and Opportunity Assessment, 2017 – 2027

Human milk oligosaccharides (HMO) helps in maintaining infant’s gut microbiota as well as promotes the growth of healthy bacteria and reduce pathogens, preventing infections and others bacterial risks. In recent past, sales of infant nutrition products have increased to a significant extent owing to the continuously rising infant population across the globe. According to WHO, the total world population is estimated to increase by approximately one billion in the next 10 years and will reach 9.5 billion by 2050. Incidentally, demand has been relatively higher to the supply of infant nutrition products. Meanwhile, sales of infant formula are also surging in some of the Asian countries such as China and India, promoting the consumption of HMO alike.  Future Market Insights’ latest report reveals that the global human milk oligosaccharides market is set to surpass a valuation of US$ 76 Mn, registering a CAGR of 14.6% between 2017 and 2027.  This growth will be primarily orchestrated by the increasing application of HMO in infant nutrition products.

In 2017 and beyond, the human milk oligosaccharides market in Europe is anticipated to witness significant revenue growth. Towards the end of 2027, Europe is anticipated to account for over 49% value share of the global market. Manufacturers in Europe are filing claims for regulatory approvals and product safety certifications in order to use HMO for preparing infant formulas. In North America, the HMO market is currently valued at over US$ 6 Mn and holds the second spot in terms of market size after Europe.

FMI’s report, titled “Human Milk Oligosaccharides Market Global Industry Analysis and Opportunity Assessment, 2017 – 2027” also cites that demand for HMO is gaining traction due to a positive perception of its prebiotic properties that help maintain a healthy immune system in infants. In addition, manufacturers are focusing on increasing their production capacities in order to enhance production of HMOs such as 2’-FL (2-fucosyllactose) that can be potentially used as an ingredient in functional food and beverages. zuChem Inc., Glycosyn LLC, Elicityl SA, Jennewein Biotechnologie GmbH, Glycom A/S, Dextra Laboratories Limited, Carbosynth Limited, Inbiose NV, ProZyme, Inc. are the leading companies operating in the global human milk oligosaccharides market.

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Key Excerpts of the Report Include:

  • Among product type, fucosyllactose HMO currently accounts for the largest value share of the market followed by sialyllactose HMO. However, the latter is expected to register a faster growth rate in terms of the market value over the forecast period.
  • By 2017-end, US$ 5.5 Mn worth sialyllactose HMO is expected to be consumed globally.
  • Increasing demand for functional food and beverage products is projected to further facilitate the growth of global human milk oligosaccharides market over the next couple of years.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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Essential Fatty Acids Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

Significant health benefits and rapid adoption as a key ingredient for preparing infant formula, adult dietary and nutritional products is fueling the demand for essential fatty acids such as omega-3 and 6 across the globe. A recent study conducted by Future Market Insights (FMI) has revealed that the global market for essential fatty acids is set to witness an impressive CAGR of 9.5% in terms of revenue over the forecast period (2017-2027). During this ten years of the forecast, the dynamics of the market will be shaped by factors such as government policies and regulations, incessantly rising demand and improvement in supply chain management of essential fatty acids.

Future Market Insights’ report titled “Essential Fatty Acids Market: Global Industry Analysis and Opportunity Assessment, 2017-2027” currently values the market at over US$ 4072 Mn and anticipates it to reach US$ 10 Bn towards the end of 2027. While favourable government policies will keep encouraging higher productions of essential fatty acids, the demand for such products will also surge upwards on account of their increasing application in processed and convenience food. Considering the growing awareness amongst consumers about the health benefits of essential fatty acids based food products, use of such product in ready-to-eat or packaged food is expected to grow over the years to come.

As per the report, omega-3 fatty acids are the most popular type of essential fatty acids, which is found in abundance in aquatic beings such fish, shellfish, krill as well as in algae and few genetically engineered plant species. Companies that are based in regions such as Latin America, Japan and the Middle East and Africa (MEA) have a better access to good quality marine based raw materials, enabling them to produce the best quality essential fatty acids. BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke DSM NV, Enzymotec Ltd., Croda International Plc, Omega Protein Corporation, Aker BioMarine AS, Polaris Nutritional Lipids, Cargill, Incorporated are some of the leading market participants profiled in the FMI report.

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Key Highlights of the Report Include:

  • By 2027-end, the global production of omega-3 essential fatty acids is expected to reach a whopping 417,518 metric tons.
  • Around 97,384 metric tons of essential fatty acids is expected to be used for manufacturing of dietary supplements by the end of 2017.
  • On the basis of source, marine animals will continue to be a key source of essential fatty acids throughout the assessment period. In 2016, essential fatty acids extracted from marine source accounted for nearly 64.4% value share of the market.
  • In terms of value, essential fatty acids in the form of oil accounted for over 50% market share in 2016 end, followed by powdered essential fatty acids. In addition, close to 309,702 metric tons of oil-based essential fatty acids is expected produced by end of the forecast period.

Among regions, Western Europe continues to be the global leader in terms of consumption of essential fatty acids. In 2017 and beyond, Western Europe will remain as one of the key destinations for market players. Meanwhile, North America will represent the largest market for essential fatty acid, as the region accounts for a relatively higher share in terms of production.

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About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

 

Automotive Wheel Coatings Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2030 : FMI

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

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

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

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

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

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

COVID-19 Impact on Automotive Wheel Coating Market

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

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

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Market Taxonomy
By Product Type
• Primers
• Basecoat
• Clear coat/Topcoat
By Coating Type
• Powder
• Liquid
• Solvent Borne
• Water Borne
By Substrate Type
• Aluminium
• Steel
• Plastic
By Vehicle Type
• 2-Wheeler
• Passenger Cars
• Compact
• Luxury
• Mid-sized
• Premium
• Commercial Vehicles/Light Commercial Vehicles
• Heavy Commercial Vehicles
By Sales Type
• OEM
• Aftermarket
By Coating Chemical Type
• Acrylic Enamel
• Acrylic Urethane
• Acrylic Lacqure
• Zinc Phosphate
• Epoxy
• Epoxy Polyester
• Polyester
• Polyurethane
By Region
• Asia Pacific Excluding Japan (APEJ)
• North America
• Latin America
• Eastern Europe
• Western Europe
• Japan
• Middle East & Africa

Automotive Wheel Coating Market – Competitive Intelligence
Ceramic-based coatings reign supreme in the global sphere of paint correction. Despite being the most diverse protection formula worldwide, potential of ceramic-based coatings are yet to be explored completely. Various players developing ceramic coatings for automotive industry are entering into business landscape, for instance,
• FEYNLAB has developed ceramic wheel coating with true nanotechnology and bonding chemistry that contains about 70% solids content, making it extremely durable to road contamination and brake dust.
• Ceramic Pro has formulated protective coating – Wheel Protection – that is based on nano-ceramic formula. The product helps protect automotive wheels from brake dust that would otherwise bake onto surfaces and result in damages.
• DP Detailing has rolled out ceramic-based wheel coating that is specifically developed for clear-coated wheels. In addition, the formulation is suitable for application in high temperatures.

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

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

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

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