Chlorobutanol Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2029

Chlorobutanol is a compound which is either colorless or white in color. Chlorobutanol has and odor and taste which is similar to that of camphor. The compound is an alcohol based preservative devoid of surfactant activity. The compound is similar to chloro hydrate as it is formed by the simple nucleophilic addition of chloroform and acetone. The concentration level of chlorobutanol which is made use of in various multi-ingredient formulations is 0.5%, which consequentially lends long-term stability to such products. However, chlorobutanol is known to retain anti-microbial activity in water at a concentration of 0.05%. The long terminal half-life of chlorobutanol, which is 37 days, limits its usage in sedatives as it results in accumulation within the human body if multiple doses are administered.

Chlorobutanol finds widespread application in the eye-care market. Chlorobutanol also finds its application as a preservative in a number of pharmaceutical solutions, specifically in injectables. In addition, chlorobutanol is also used in a few oral sedatives and topical anesthetics. Further chlorobutanol is also used as a detergent preservative in eye drops and other ophthalmic therapeutic formulations. Other products which make use of chlorobutanol include mouth washs, salves, creams, ointments and cosmetics.

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Chlorobutanol Market: Market Dynamics

The rapidly increasing geriatric population in addition to eye-related ailments in a number of people due to external causes such as rising pollution is contributing to the increase in production and sales of eye-care products which is as a consequence helping in the growth of the chlorobutanol market. The advent of generic drugs and the increase in the number of ophthalmic formulations are also aiding the growth of the chlorobutanol market. The primary reason for the migration of consumers to generic drugs for eye-disorders is the substantial cost savings which could be made. For instance, in order to promote the production of generic drugs, the FDA has been increasing its efforts to promote drug completion within branded and generic manufacturers to drive down costs and increase patient accessibility. In order to achieve this, the FDA is making the approval and market entry protocols and processes more efficient. This factor is contributing to the growth of the chlorobutanol market.

The chlorobutanol market is also facing challenges due to the decline in usage of the chemical. This has been attributed to the unstable nature of chlorobutanol when stored at room temperature for an extended period of time, however in the long run these challenges are expected to be outrun by the growing demand from healthcare sector.

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Chlorobutanol Market: Key Market Participants

Some of the key market participants in the global chlorobutanol market are:

  • Merck KGaA (formerly Sigma-Aldrich)
  • Athenstaedt
  • Laxachem Organics Pvt. Ltd.
  • Spectrum Chemical Mfg. Corp.
  • Toronto Research Chemicals
  • Penta Manufacturing Company
  • Bruchem, Inc.
  • JSN Chemicals
  • Capot Chemical Co. Ltd.
  • Universal Preserve-A-Chem, Inc.
  • Jigs Chemical
  • Otto Chemie Pvt. Ltd.
  • Polydrug Laboratories Pvt. Ltd.
  • Olainfarm Group
  • Haoyuan Chemexpress

The chlorobutanol market research report presents a comprehensive assessment of the chlorobutanol 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 chlorobutanol market research report provides analysis and information according to market segments such as geographies, end use operation and application.

The chlorobutanol market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The chlorobutanol market report also maps the qualitative impact of various market factors on market segments and geographies.Request for Pre Book of Report: https://www.futuremarketinsights.com/checkout/9961

Chlorobutanol Market: Market Segmentation

The global chlorobutanol market can be segmented on the basis of type, and, end users.

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

  • Anhydrous Chlorobutanol
  • Hemihydrate Chlorobutanol

On the basis of end users, the global chlorobutanol market is segmented into:

  • Pharmaceutical Industry
  • Cosmetics & Personal Care Industry

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

Gravy Mixes Market Overview Growth 2022, Business Prospects, Industry Size, Forecast by Share, Revenue, Development Status, Demand by Regions 2022-2027

Global gravy mixes market: Introduction

Gravy mixes are a blend of spices and ingredients infused with vegetables and aroma and are used as an accompaniment to meals. Gravy mixes are highly preferred as ideal flavor enhancers. Manufacturers of gravy mixes offers a wide range of pack sizes ranging from single serving to family packs. Furthermore, gravy mixes consume less time in preparation and therefore, the preference for gravy mixes is expected to grow during the forecast period as the demand for easy-to-cook products increases.

Gravy mixes are preferred by many households for family gatherings and weekend dinners, as a perfect solution to eliminate the need to stand in the kitchen for long hours. The outlook for the growth of the global gravy mixes market is expected to remain largely positive during the next ten years.

To cater to special dietary requirements and health-conscious consumers, manufacturers of gravy mixes also produce gluten-free and low sodium content gravy mix packs.

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Global gravy mixes market: Market Dynamics

The global gravy mixes market is expected to grow on the backdrop of growing demand for semi-processed and easy-to-prepare food products with a healthy balance of fresh herbs and spices. Gravy mixes are ideal for family gatherings, and therefore, are a staple in many western countries. In addition, growing penetration of retail and easy access to departmental stores in developing countries is expected to lead to the growth in sales of gravy mixes.

Despite the positive outlook, one of the key factors that might possibly act as a restraint to the growth of the global gravy mixes market is that a significant population of consumers in developing countries prefer traditional spice mixes for their recipes.

Global gravy mixes market: Regional Outlook

The global gravy mixes market has been divided into seven key regions – North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Middle East & Africa (MEA), and Japan.

The North America gravy mixes market is anticipated to retain the leading position over the forecast period. This is attributed to the well-established retail sector in the region. The Western Europe gravy mixes market is expected to follow closely.

The APEJ region might witness growth in sales of gravy mixes during the next ten years. However, penetration is expected to be low due to prevalence of traditional recipes and spices for cooking. The key contributor to the growth of the gravy mixes market in the MEA region is expected to be the migrating population from foreign countries in the region.

Global gravy mixes market: Key Players

Few of the key players operating in the global gravy mixes market are – Southeastern Mills, Inc., McCormick & Company, Inc., Campbell Company of Canada, Edward & Sons., and Kent Precision Foods Group, Inc.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global gravy mixes market: Segmentation

The global gravy mixes market has been segmented on the basis of product origin, type, packaging type, distribution channel, and end use.

On the basis of origin, the global gravy mixes market has been segmented as –

  • Organic
  • Conventional

On the basis of product type, the global gravy mixes market has been segmented as –

  • Vegan
  • Brown
  • Mushroom
  • Others
  • Non-vegan
  • Beef
  • Poultry
  • Pork
  • Others

On the basis of packaging type, the global gravy mixes market has been segmented as –

  • Rigid Packaging
  • Food cans
  • Jars
  • Flexible Packaging
  • Pouches
  • Sachets

On the basis of distribution channel, the global gravy mixes market has been segmented as –

  • Modern Grocery Retail
  • Hypermarket/Supermarkets
  • Departmental Stores
  • Convenience Stores
  • Traditional Grocery Retail
  • Specialty stores
  • Independent grocery stores
  • E-retail

On the basis of end use, the global gravy mixes market has been segmented as –

  • Households
  • Commercial establishments

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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 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 Us:                                                      

Future Market Insights
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Fluoroboric Acid Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2029

Fluoroboric Acid market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Fluoroboric Acid market.

Fluoroboric Acid Market: Introduction:

Fluoroboric acid is an inorganic compound with the chemical formula H3OBF4. It is a colorless odorless poisonous liquid also known as tetrafluoroboric acid. Moreover, the fluoroboric acid can be categorized in two grades such as, industrial grade and pharmaceutical grade. The industrial grade fluoroboric acid is used for several industrial applications like, for electrodeposition in electroplating industry, as an etching agent in the production of electronic components and printed circuits, to clean metal surfaces before welding, to brighten aluminum etc. The pharmaceutical grade fluoroboric acid is used in the pharmaceutical industry to manufacture bulk drugs, used as a catalyst for preparing etherifying cellulose, and acetals, as a reagent etc.

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Fluoroboric acid is generally available in three types including, Hydrogen Tetra-Fluoborate, Tetrafluoroboric Acid and Fluoboric Acid 50%. Each product type is used for and specific application.

However, the fluoroboric acid is a hazardous chemical and can cause eye and tissue damage, which may limit the uses of fluoroboric acid in the near future.

Fluoroboric Acid Market: Dynamics:

Across the globe, the consumption of inorganic chemicals such as, fluoroboric acid market is projected to witnessing steady growth rate over the coming years. The global fluoroboric acid market is expected to primarily drive by the growing adoption of this chemical across the various application including electroplating, pharmaceutical, and laboratory reagents among many others. The growing use of fluoroboric acid as a raw material or chemical intermediate to manufacture various chemical substances including drugs, etherifying cellulose, and acetals etc. are expected to accelerate the demand of fluoroboric acid across the globe during the present and upcoming periods.

Moreover, the fluoroboric acid application in the formulation of pharmaceuticals is also anticipated to lay a strong base for gaining high traction for fluoroboric acid market growth over the coming years. However, fluoroboric acid is a highly toxic chemical substance, owing to this government approved licenses are required to manufacturing this chemical substance, and the limited production and application of fluoroboric acid is also understood to act as a challenge for the market growth during the forecast period.

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Fluoroboric Acid Market: Market Participants:

Some of the market participants in the global fluoroboric acid market are:

  • Atotech USA, Inc.
  • General Chemical Corp.
  • Johnson Matthey, Inc.
  • OMG Fidelity, Inc.
  • Ozark Fluorine Specialities, Inc.
  • Solvay Fluorides, LLC
  • Derivados del Flúor (DDF)
  • JAY INTERMEDIATES AND CHEMICALS
  • S. B. Chemicals
  • Shangrao Comprehensive Fluoride Chemical
  • Harshil Fluoride
  • Jiangxi Qucheng Chemical Co., Ltd.
  • Shandong Xingfu New Material
  • Jiangxi Dongyan Pharmaceutical Industry
  • SB Chemicals
  • Nantong Jinxing Fluorides Chemical

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

Fluoroboric Acid Market: Segmentation:

Fluoroboric acid market can be segmented into product type, grade, application and region.

On the basis of product type, global fluoroboric acid market is segmented into:

  • Hydrogen Tetra-Fluoborate
  • Tetrafluoroboric Acid
  • Fluoboric Acid 50%

On the basis of grade, global fluoroboric acid market is segmented into:

  • Industrial-Grade
  • Pharmaceutical Grade

On the basis of application, global fluoroboric acid market is segmented into:

  • Pharmaceuticals
  • Chemicals
  • Electroplating
  • Others (Metal Cleaner, etc)

The report covers exhaustive analysis on:

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

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Regional analysis includes:

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

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

Two Wheeler Accessories Aftermarket is projected to be valued at US$ 17.1 Bn in 2021, expanding at a CAGR of 8.6% over the forecast period of 2021-2031

As per Future Market Insights analysis, the two wheeler accessories aftermarket is projected to be valued at US$ 17.1 Bn in 2021, expanding at a CAGR of 8.6% over the forecast period of 2021-2031.

Rising traffic issues on roads due to congestion caused by four-wheelers or heavy vehicles is expected to remain a key factor driving the growth of the two wheeler accessories aftermarket throughout the forecast period.

The ongoing crisis caused by COVID-19 pandemic has caused severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. This has subsequently affected the two wheeler accessories aftermarket causing a significant fall in the market growth.

However, two wheeler accessories aftermarket is expected to recover sharply as the economic activity resumes post the containment of pandemic.

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Two wheeler accessories are increasingly adopted across the world. Demand is expected to remain high especially in North American and European countries. It has been observed that there is Increase in motorcycle touring since past few years, which has boosted the use of motorcycles for recreational and leisure purposes. This in turn, will lead to high demand for two wheeler accessories.

Key Takeaways of Two Wheeler Accessories Aftermarket Study

  1. On the basis of sales channel, independent outlets segment is estimated to account for a significant share in the global two wheeler accessories aftermarket as the number of independent repair shops are increasing globally.
  2. Based on two wheeler type, standard motorcycle segment is expected to maintain its dominance over the forecast period.
  3. According to the analysis, China will continue registering high growth at 9.6% CAGR, accounting for maximum sales in East Asia two wheeler aftermarket.
  4. South Asia & Pacific is anticipated to ride on high demand in India, which will account for nearly half of sales in two wheeler accessories aftermarket through 2031.
  5. Sales in Japan two wheeler accessories aftermarket will total US$ 1.3 Bn by 2031.

 “Two wheeler accessories play a crucial role in improving the overall ride experience along with providing high safety quotient to the rider. Geographical expansion and product launches are some of the primary strategies adopted by prominent players to sustain in the global two wheeler accessories aftermarket,” says a Future Market Insights analyst.

Two wheeler accessories aftermarket is expected to be an opportunistic market in the forecast period owing to increase in sales of accessories through online platforms and convenience offered by online distribution channels. Manufacturers are focusing on research & development for advanced products with higher durability and improved life cycle to gain competitive edge. These factors are expected to positively influence demand for two wheeler accessories during the forecast period, subsequently pushing sales in two wheeler accessories aftermarket.

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Key Market Segments Covered

By Product Type:

  • Handle Accessories
    • Handlebars
    • Grips
  • Electrical & Electronics
    • Lightings
    • Horns
  • Frames & Fittings
    • Crash Protection
    • Windshield
    • Foot Pegs
  • Protective Gear
    • Helmets
    • Professional Body Wear
  • Bags & Carriage Frames
  • Exhaust Accessories
  • Seat Covers
  • Security Systems

By Two Wheeler Type:

  • Standard Motorcycle
  • Cruiser Motorcycle
  • Sports Motorcycle
  • Standard Scooter
  • Maxi Scooter
  • Mopeds

By Sales Channel:

  • Online
  • Authorized Outlets
  • Independent Outlets

By Region:

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

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Competitive Landscape

The two wheeler accessories aftermarket is moderately fragmented, in which the leading players account for nearly half of the market share. The penetration of small regional players makes this market more competitive.

Some of the key players in the market are TVS Motor Company , Yamaha Motor Company Ltd, Hero Motocorp Ltd, Harley- Davidson Inc, Vega Auto Accessories Pvt. Ltd, Studds Accessories Ltd, Om Steel Industries, Osram Licht AG, AGV Sports Group, GIVI Srl, Steelbird Hi- Tech India Pvt. Ltd, YF Protector Co. Ltd, Foshan Xinmatuo Motorcycle Parts Industrial Company, Akrapovic d.d, Aplinestars USA Inc, AltRider LLC, Barracudamoto S.r.l, Cobra USA Inc., EMGO International Ltd.,  Jiangmen Pengchang Helmets Ltd.,  Motorsport Aftermarket Group, RIVCO Products Inc., Rizoma S.r.l, Scorpion Sports Inc. among others. These players have higher shares in the global market, and have longstanding relationships with a number of distributors, giving them an upper hand among their peers.

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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Future Market Insights,
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Ultra-High Performance (UHP) Tire Market valuation reaching US$ 23.32 Bn in 2031 | Continental AG, Goodyear Tire & Rubber Company, Pirelli & C. S.p.A.

The global UHP tires market is projected to reach a valuation of US$ 10.41 Bn in 2021. Increasing demand for high performance vehicles in the automotive sports sector is expected to push sales of UHP tires at 10.9% CAGR, with the market valuation reaching US$ 23.32 Bn in 2031.

Rapid expansion of the automotive sector is resulting increasing sales of sports cars, SUVs, and light trucks across the globe. These vehicles are expected to offer optimal performance in all weather conditions, which in turn is spurring demand for ultra-high performance tires.

Besides this, shifting consumer preference towards high performance automotive components backed by rising disposable income is creating lucrative growth prospects for UHP tires market players.

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As per FMI’s regional analysis, the U.S. is anticipated to dominate the North America UHP tires market. Growth can be attributed to strong presence of key automotive players in the U.S., along with rapid adoption of new technologies to manufacture more efficient and durable tires. These trends will continue augmenting growth of the UHP tires in North America over the assessment period.

“Rising popularity of automotive racing sports such as Formula one, coupled with increasing replacement and repair of vehicle parts through aftermarket, will continue augmenting growth of the global UHP tires market through 2031,” says an FMI analyst.

Key Takeaways:

  • By tire type, all-season tires are expected to account for more than half of total UHP tires market share in 2021.
  • Sales of UHP tires in the sports car segment are anticipated to hold nearly 57% of the total UHP tires market share in 2021.
  • The replacement/aftermarket segment is projected to account for more than three-quarter of the total UHP market share in 2031.
  • The U.S. is anticipated to hold a dominant share of 81.5% of the North America UHP tires market in 2021.
  • China will emerge as a lucrative market, creating an incremental opportunity of US$ 1 Bn in 2031.
  • Germany is projected to account for 17.9% of the Europe UHP tires market share in 2031.
  • Japan and South Korea will hold 43.5% and 26.0% of the global UHP tires market share respectively.

Competitive Landscape

Leading players operating in the global UHP tires market include Continental AG, Goodyear Tire & Rubber Company, Michelin Group, Pirelli & C. S.p.A., Bridgestone, KUMHO TIRE Co., Inc. , Yokohama Rubber Co., Ltd, Nankang Rubber Tire Corp., Ltd. , HANKOOK TIRE & TECHNOLOGY Co., Ltd., Toyo Tires and others.

To gain a competitive edge in the market, players are focusing on research and development to launch new variants of UHP tires. Apart from this, players are investing in strategic collaborations, mergers and acquisitions to expand their global footprint. For instance:

  • Michelin is launching a new generation of four-season tires. The new MICHELIN CrossClimate 2 tire stands out through its excellent mileage performance and its ability to maintain a high level of performance from the first kilometer to the last, i.e. all the way down to the legal minimum tread depth. It illustrates Michelin’s commitment to designing tires that offer a very high level of performance throughout their life and right up to their end of life.
  • Yokohama Tire’s long, successful history with Porsche Motorsport North America (PMNA) continues. Yokohama and PMNA announced a new racing series and partnership with the United States Auto Club (USAC). Yokohama will be the official tire partner and presenting sponsor for the USAC-sanctioned 2021 Porsche Sprint Challenge North America by Yokohama.

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Ultra-High Performance (UHP) Tires Markey by Category

By Tire Type:

  • Summer
  • Winter
  • All-Season

By Vehicle Type:

  • Sports Car
  • SUV/MUV
  • Light Trucks

By Sales Channel:

  • OEM
  • Replacement/Aftermarket

By Region:

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

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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

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Automotive Body in White Market Growth Analysis, Business Demand with growing CAGR of 3.4% by 2031 | Leading Players like Kirchhoff Automotive GmbH, Voestalpine AG, Gestamp Automocion

As per a Future Market Insight (FMI) analysis, the automotive body in white demand is expected to rise at a year-on-year (YoY) growth of 3.1%, reaching US$ 59.7 billion in 2021. The increasing demand for passenger vehicles will drive the automotive body in white sales at 3.4% CAGR over the forecast period from 2021 to 2031.

Automotive body in white market is set to be valued at US$ 59.66 Bn in 2021, with a lucrative long-term projection, according to latest study conducted by Future Market Insights (FMI).

The rising demand for sustainable means of transportation is expected to propel the automotive body in white market growth.

Some of the leading manufacturers are focusing on providing high quality body in white and are expected to invest in new technologies and advanced manufacturing procedures in order to stay ahead of the competition.

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The rise in the automotive production globally is expected to drive the demand for body in white during the forecast period. Governments in various parts of the world are introducing regulations to encourage the incorporation of innovative technology.

Body in white manufacturing companies are entering into merges and acquisitions with leading automotive OEMs and tier 1 suppliers in order to expand their market presence.

The global automotive industry suffered a major decline of production and sales in 2020 due to pandemic, but the market is slowly recovering as the manufacturing facilities have resumed production of automotive vehicles.

According to research, the global automotive body in white market is projected to exhibit growth between 3% and 4% during the tenure of 2021 to 2031

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Automotive Body in White Market by Category

By Product Type:

  • Body Structure
    • Bumper Beam
    • Crossmember
    • Roof Frame
    • Cross Car Beam
    • Others
  • Body Component
    • Quarter Panel
    • Floor Panel
    • Rocker Panel
  • Chassis

By Vehicle Type:

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

By Region:

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

Key Takeaways from Market Study

  • Global demand for automotive body in white is rising due to the increase in the production and sales of passenger vehicles in developed and developing countries.
  • In terms of product type, body structure is projected to grow at an impressive CAGR, ranging from 3.5% to 4%.
  • In the vehicle type segment, passenger vehicles segment holds lucrative growth opportunities and is anticipated to create incremental $ opportunity worth US$ 18,875 Mn between 2021 and 2031
  • The market in East Asia is projected to expand at a CAGR of close to 4.2% from 2021 to 2031.

“The market is predicted to grow due to the increasing global production of automobiles and the deployment of innovative manufacturing procedures” says a Future Market Insights analyst.

Competitive Landscape

The market is consolidated with key players serving leading OEMs and automotive tier 1 suppliers. These players are likely to invest in new technology developments and expansion of their networks in order to increase their market shares. Some of the key players in this industry are Kirchhoff Automotive GmbHBenteler International, Voestalpine AG, Gestamp Automocion, CIE Automotive, ThyssenKrupp AG, Magna International Inc., JBM Auto, Martinrea International Inc., Shiloh Industries, Dura Automotive Systems, H-One Co., Ltd, Autokiniton Global Group, Multimatic Inc. and Futaba Industrial Co., Ltd.

Report Coverage:

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

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Key Questions Answered in Automotive Body in White Market Study

  • What is the automotive body in while market valuation?FMI has forecast the overall valuation of the automotive body in white market to surpass US$ 59.7 Bn by 2021.
  • What is the demand outlook for automotive body in white market?The demand for automotive body in white is expected to increase at a CAGR of 3.4% between 2021 and 2031. The market is expected to reach a valuation of US$ 83.6 Bn by 2031
  • What are the key trends shaping the automotive body in white market?The automotive body in white sales will grow as leading manufacturers focus on using cost-effective and lightweight materials. This trend is expected to continue through the course of the report’s assessment period.
  • What is the North America automotive body in white market outlook?The demand for automotive body in white will increase at 3.3% CAGR in North America between 2021 and 2031.
  • Which are the top five countries driving the automotive body in white demand?The demand for automotive body in white is considerably high in China, US, India, Japan, Germany.
  • What are the key factors fuelling the demand for automotive body in white?Infrastructure development and adoption of advanced manufacturing procedure, besides the increasing automotive production and sales will fuel the demand in the market.

About Future Market Insights (FMI)

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

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 https://www.futuremarketinsights.com/

Railway Bearing Market will grow in value at a CAGR of 5.7% between 2020 and 2030 | Key Top Players- Timken Company, JTEKT Corporation, Amsted Rail Company

Future Market Insights (FMI) projects that the global railway bearings market will grow in value at a CAGR of 5.7% between 2020 and 2030.

According to the study, as governments invest significantly to improve railway infrastructure, demand for locomotive components, including railway bearings is likely to grow. Moreover, the availability of a wide range of railway bearings – such as cylindrical, tapered, angular contact, etc. – enables adoption based on diverse application-specific requirements.

Owing to the expansion of railway networks, there is a high demand for high-reliability and low-maintenance bearings that can withstand harsh physical conditions. According to the study, market players are directing their focus towards the innovation of advanced bearings. Manufacturers are coating bearings with ceramic or polymers to give insulation properties and are opting for other innovations.

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The report opines that the growth of the market will behold fluctuations during the COVID-19 pandemic owing to hindered operations in the railway sector. However, governments and private railway network operators are introducing policies and investments to cover lost revenue opportunities, and this is likely to alleviate the impact to an extent.

Key Takeaways

  • The global railway bearings market is poised to surpass a valuation of US$ 4.5 Bn by 2030.
  • Roller bearings will remain top-selling category, accounting for over 3/5th of market value through the assessment period.
  • Based on application, the wheels segment will capture nearly half of global market value.
  • By type of train, freight trains will account for over 40% of global value, ascribed to high spending by private freight rail network operators on timely maintenance and upgrades.
  • The aftermarket segment will channel nearly 65% of revenue to the market owing to increased spending on aftermarket servicing.
  • Europe will reign supremacy over the regional landscape, capturing around 2/5th of market share.
  • East Asia, South Asia, and Pacific will cumulatively account for nearly 40% of global value, backed by soaring investments to develop railway networks.

“Market players are focusing on developing advanced yet cost-effective railway bearings that require minimal maintenance in order to build a loyal consumer base,” remarks FMI analyst.

COVID-19 Impact

COVID-19 pandemic is expected to adversely impact the growth of the market as operations in the railway sector, including maintenance and production, come to a screeching halt. Moreover, hampered productions and travel restrictions are decelerating the demand for railway bearings during the pandemic and the downtrend is likely to prevail through 2020.

However, governments are investing in the railway sector to lower the long-term impact. For instance, China’s Zhejiang provincial government increased its spending on railways in the first half of 2020 to cope up with the losses caused by COVID-19. Such initiatives will alleviate the impact to an extent.

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Key Segments

Product Type:

  • Roller Bearing
  • Ball Bearing
  • Plain Bearing

Train Type:

  • Very High-Speed Train
  • Mainline Train
  • Metro Train
  • Freight Train
  • Special Train

Application:

  • Engine
  • Wheel
  • Interior
  • Exterior

Sales Channel:

  • OEM
  • Aftermarket

Region:

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

Who is Winning?

Railway bearings manufacturers are focusing on developing innovative and cost-effective products and are entering strategic partnerships to achieve the same. On these lines:

  • In March 2020, NSK Ltd. developed low maintenance, high-reliability gearbox bearings which can be used for large and small gears
  • In September 2020, NSK Ltd. announced that its bearings found adoption in Japan’s Shinkansen bullet train.
  • In November 2018, Russia based AB SKF, announced its partnership with Siemens, to improve railway reliability.

FMI’s report includes profiles of some of the most prominent names in the market including NSK Ltd., The Timken Company, JTEKT Corporation, National Engineering Industries Limited, Amsted Rail Company, NTN Corporation, Schaeffler Group, SKF AB among others.

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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
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United Arab Emirates
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Automotive Coolant Aftermarket is projected to exhibit CAGR of 4.0% through the forecast period 2020-2030

Future Market Insights, an ESOMAR-certified market research firm, in its incisive market study on the global automotive coolant aftermarket opines a 4% CAGR through 2030.

The development of advanced coolant solutions, with non-polluting properties and extended service life are helping in reduction of maintenance costs. This will remain a key imperative, boosting market prospects over the forecast period.

With fewer people resorting to shared mobility services in the prevailing pandemic, high reliance on personal vehicles will spur demand for automotive coolants.

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“With car parc being the primal performance driver of the coolant aftermarket, a drop in new car sales will impact its inflow thus affecting the overall demand for coolants” says FMI analyst.

Automotive Coolant Aftermarket Outlook & Key Findings

  • Automotive coolant aftermarket is projected to exhibit a CAGR of 4.0% through the forecast period 2020-2030
  • Sales through independent garages continue to account for a significant chunk of overall revenues
  • The pervasiveness of car rental businesses is accelerating maintenance and coolant replacement/ top up, creating new growth avenues
  • Brand awareness activities through event sponsorships, licensing agreements, and tele-commercials key marketing strategy

Key Takeaways for Automotive Coolant Aftermarket Study

  • Ethylene Glycol-based organic coolants will remain the preferred choice among end-users on back of their cost-effectiveness and high suitability in varying climatic conditions
  • The high demand for goods carriers from small and medium-sized enterprises in APAC will accelerate demand for automotive aftermarket coolant within this region
  • Stringent emission norms and miniaturization of engine components will fuel demand for coolants with improved thermal load resistance
  • East Asia will continue to lead the automotive coolant aftermarket in 2020 capturing 32% of market share
  • A significant section of consumers are switching to purchase of coolants from online sources to obviate the effects of closed service stations and dealerships

Despite Near Term Uncertainties, Market Slated for Quick Recovery

The current pandemic will offset sales of automotive coolants temporarily. The market is witnessing demand destruction with supply chain disruptions and halted production in the overall automotive sector. Trade restrictions and closed borders have impacted supply and distribution of coolants.

A rapidly evolving consumer dynamic is emerging that is showing markedly different mobility preferences. Shared mobility will decrease and personal vehicle usage will rise.

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Automotive Coolant Aftermarket: Competition Landscape

The Automotive Coolant Aftermarket is a fragmented market with the presence of a large number of global and regional players. Affordability, high-corrosion resistance and longevity will be key factors on which manufacturers will differentiate their product offerings.

  • Prestone’s AF2100 Extended Life 50/50 antifreeze coolant is one of the top selling coolants in the market. It’s high applicability in automotive rests on its superlative performance. The coolant comes pre-diluted with 50% de-mineralized water and 50% antifreeze thus offering heat protection in temperatures as low as -34 degrees
  • Motorcraft’s Gold antifreeze coolant continues to be the coolant of choice for Ford owners. The coolant gives protection against heat, cold and corrosion  with a longer life and is ideal for gasoline and diesel engines
  • The G13 coolant by Audi is specially designed for Audi cars and Volkswagen and can be used in the 50:50 ratio which users need to attain using distilled and demineralized water. While more costly, it provides trouble-free service for 4-5 years.
  • WT SUPRA coolant by Total released this year offers patented carboxylate technology which reduces environmental impact with its non-polluting properties. It also offers extended service life.

Market Taxonomy

Product Type

  • Organic
  • Inorganic
  • Hybrid

Vehicle Type

  • On-Road Vehicles
    • Passenger Cars
    • Commercial Vehicles
    • Motorcycles & Scooters
  • Off Road Vehicles
    • Tractors
    • Construction Based Vehicles (Loaders, Excavators, Bulldozers, Road Rollers, Mobile Cranes)
    • Industrial Vehicles (Towing Tractors, Fork Lift Trucks, UTV Carriers)

Sales Channel

  • Vehicle Service Stations
  • Independent Garages
  • Authorized Dealers/ Franchise
  • Multi-brand Dealers
  • Online Sales

Region

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

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Find More Valuable Insights on Automotive Coolant Aftermarket:

FMI in its new market research study, offers an unbiased analysis of the Automotive Coolant Aftermarket which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global Automotive Coolant Aftermarket through four different categories – By Type, By Vehicle Type, By Sales Channel and region. The global Automotive Coolant Aftermarket study provides information of pricing by different life cycle analysis, product life cycle, key market trends and technologies which are being implemented in the production of the Automotive Coolant Aftermarket and product adoption in varied end use industries.

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

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

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

Automotive Interior Ambient Lighting Systems Market is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029, was ~US$ 3 Bn In 2018

Future Market Insights (FMI), in its recently published report, suggests that the sales of automotive interior ambient lighting systems reached ~2.7 million units in 2018, equating the revenues worth US$ 28 Bn. As fuel efficiency, low emission, and high performance can no longer suffice the evolving vehicle selection criteria of consumers, automakers continue to face pressure of implementing multifaceted strategies, covering comfort, style, and aesthetics.

The study finds that manufacturers are being considerate of the fact that interior ambient lighting can be made ‘functional’ by influencing the mood, circadian rhythms, and alertness of drivers, thereby enhancing the night-driving safety and appreciation of vehicles.

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Once developed exclusively for luxury auto models of Audi, Infinti, Mercedes, BMW, and Jaguar, automotive interior ambient lighting systems are rapidly becoming ubiquitous in the mid-range and economical vehicles as well. In addition to rendering an extra aesthetic appeal to vehicle models, ambient lighting systems are now being designed for driver’s assistance in terms of orientation, which marks a highly profitable trend in market.

OLED to Illuminate the Road Ahead, Replacing LED and Incandescent

Innovation is likely to come thick by fast replacing the incandescent lights with the penetration of LED technology for the development of automotive interior ambient lighting systems. The study finds that the adoption rate of LED-based lighting systems will act as a key differentiator since they consume substantially lesser energy than incandescent and halogen lights of equivalent brightness and delay the impact of time. As automotive industry operates within the confined boundaries of regulations, environmentally-benign OLED lights will illuminate the future of the automotive interior ambient lighting systems market.

The study finds that in the future, the options will turn more sophisticated with the surfacing of autonomous vehicles and IoT technology to keep the focus of drivers intact. In addition, issues of power failure encountered with the integration of wired lightings have been leading to the development of battery-operated wireless lighting systems, which is likely to remain well-appreciated by technologically-abreast consumers. As automakers prioritize on the development of interior ambient lighting systems by keeping consumers at the centre, integration of gesture-recognition ambient lighting systems is anticipated to make an attractive preposition.

In the consolidated landscape, automakers are braced to tune the competition frequency to the next level by targeting consumers’ proclivity for premium and visually-appealing vehicles. Manufacturers focus on optimizing their innovation capability by blending the best of the competencies for enhancing the features of interior ambient lighting systems. However, as quality comes at a cost, counterfeiters operating in the automotive interior ambient lighting systems landscape find the leeway to offer low-quality systems at a cheaper rate. The trends have especially been observed in the developing countries of East Asia and South Asia, which is a crucial concern for automakers to address and bridge the gap to reach out to more consumers with authentic lighting systems.

The report opines that on the backdrop of environmental thinking adopted by automakers, advent of electro-mobility will lead the movement to high sales opportunities. In addition, as consumers gain intellect apropos of the safety features of automotive interior ambient lighting systems, the future of vehicles is likely to stand tall at the intersection point of aesthetics and safety.

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Key Segments

By Technology

  • LED
  • Others

By Vehicle Type

  • Compact
  • Sedan
  • Executive
  • SUV/MUV
  • Luxury
  • Sports
  • LCV
  • HCV

By Application

  • Centre Console and Dashboard
  • Doors
  • Roof
  • Floor
  • Others

By Sales Channel

  • OEM
  • Aftermarket

By Region

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

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Automotive Interior Ambient Lighting Systems Market – Key Research Findings

  1. The global automotive interior ambient lighting systems market size in 2018 was ~US$ 3 Bn.
  2. The automotive interior ambient lighting systems market is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
  3. Besides the growing trend of customization for interior ambient lightings among customers, availability of a variety products has been recently driving the sales of automotive interior ambient lighting systems.
  4. Collectively, East Asia, North America, and Europe are likely to account for half of the revenue shares in the automotive interior ambient lighting systems industry by the end of 2029.
    • North America, attributing to the robust automotive industry in the U.S., will continue to be a prominent regional market for automotive interior ambient lighting system manufacturers.
  5. The centre console and dashboard segment is expected to remain a prominent application area to invest in, for automotive interior ambient lighting systems market players.
    • The automotive industry has witnessed significant growth over the recent past, and the revival of interior lighting systems has been particularly striking.
    • Significant application potential of automotive interior ambient lighting systems has been identified in the doors lighting category.

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About FMI

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

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/Automotive-Interior-Ambient-Lighting-Systems-Market
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Lightweight Compact Wheel Loader Market are projected to total US$ 1.64 Bn by 2022, exhibiting growth at 2.7% CAGR over the forecast period 2022-2030

The global lightweight compact wheel loader market is estimated to expand at a sluggish pace, reaching the valuation of US$ 2.03 Bn in 2030. Lightweight compact wheel loaders are emerging as preferred equipment on job sites for many projects, a regular-sized wheel loader may be very large for the worksite. In these cases, lightweight compact wheel loaders offer the perfect option of size, power, and capabilities.

[200 Pages Report] The global lightweight compact wheel loader market is estimated to reach US$ 2.03 Bn by 2030 in comparison to US$ 1.61 Bn registered in 2021. Increasing introduction of novel lightweight compact wheel loaders with integrated advanced technologies such as telematics is expected to favor the growth in the market.

As per the recent survey by FMI, sales in the global lightweight compact wheel loader market are projected to total US$ 1.64 Bn by 2022, exhibiting growth at 2.7% CAGR over the forecast period 2022-2030.

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Key Takeaways of Lightweight Compact Wheel Loader Market Study

  • Remote-controlled lightweight compact wheel loaders are the most recent development in the compact wheel loaders market. Remote controlled compact wheel loaders remove the human element from the production face to avoid accidents. Further, they increase an operator’s quality of life, as the person is working in an office environment instead of underground.
  • In the global lightweight compact wheel loader market, compact track loader is expected to hold approximately a third of market share.
  • Renting a wheel loader has been identified as a new trend in the global market. Skid steer loaders and compact track loaders are gaining attention in the rental market.
  • Manufacturers are offering lightweight compact wheel loader with advanced features and functionality, designed specifically for the rental market to meet user demand for improved operator environment, control, and comfort.

The COVID-19 or coronavirus pandemic has affected a majority of the countries in Europe and Asia, with North America expected to follow soon. The pandemic is causing shutdowns of industrial and commercial activities, drastically hampering the global economy. Long-term supply contracts of the lightweight compact wheel loaders are affected. Recovery will be gradual.

Market Landscape Moving Towards Consolidation

The lightweight compact wheel loader market is expected to dominate by tier-I manufacturers. Tier-I players are focusing on the expansion of their footprints by increasing distribution channels in various regions and establishing manufacturing units. Some prominent players involved in the global lightweight compact wheel loader market are shifting their focus on technological development, product development, and acquisition.

For instance, in 2019, CNH Industrial N.V. developed a new compact wheel loaders with electrohydraulic controls. With more than 20 electrohydraulic actuators and 20 sensors installed on the machine, this technology improves operator controllability and provides an option to select different operating modes.

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LIGHTWEIGHT COMPACT WHEEL LOADER MARKET TAXONOMY

Product

  • Compact Track loaders
  • Skid Steer Loaders
  • Backhoe Loaders
  • Wheeled Loaders

Application

  • Construction
  • Agriculture & Forestry
  • Industrial
  • Utilities
  • Facility/ Property management

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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LIGHTWEIGHT COMPACT WHEEL LOADER MARKET STRUCTURE ANALYSIS

The global lightweight compact wheel loaders market is highly competitive due to presence of large number of players. Doosan Corporation, Wacker Neuson SE, Hitachi Construction Machinery Co. Ltd, CNH Industrial N.V., are Tier-I players involved the global lightweight compact wheel loader market.

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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.

About FMI

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

Contact

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