Automotive Axle And Propeller Shaft Market Key Insights, Profiling Companies and Growth Strategies by 2027

Increasing operational performance, improving drivability and ensuring safe transport of cargo and passengers is the one of the top priority of automobile manufacturers. With increasing acceptance of hybrid and electric vehicles and integration of smart and connected technologies, manufacturers are concentrating on improving power and drivetrain systems encompassing components such as clutch, transmission, propeller shaft and rear axle. Depending upon its position and application, an axle serves different functions of steering and transmission. A propeller shaft serves the purpose of transmitting torque and rotation along with other drive train components.Automotive Axle and Propeller Shaft: Market Dynamics

Escalating vehicle production to meet the everyday increasing demand of thriving global population is one of the pivotal factors influencing revenue sales of automotive axle and propeller shaft market. In addition, the growth of automotive axle and propeller shaft market is further propelled by the thriving aftermarket demand for propeller and axles in emerging economies. However, increased component cost and additional vehicle weight are the two factors that can act as a challenge to the automotive axle and propeller shaft market.

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With vehicle weight pivotally influencing vehicle performance, the adoption of light weight propeller shaft is gaining traction. Apart from body and frame, some of the leading car manufacturers such as Aston Martin and Alfa Romeo, have incorporated carbon fibre propeller shafts in some of their models. With increasing adoption of electric vehicles, critical focus over power train and axle system is expected to bring significant changes in terms of component and system design and material utilization in automotive axle and propeller shaft market during the forecast years.

Automotive Axle and Propeller Shaft: Regional Outlook

The automotive axle and propeller shaft market can also be segmented on the basis of region as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ axle and propeller shaft market is spearheaded by India and China. With sustainable demand for aftermarket components, the increasing sales of heavy commercial vehicles in these regions is expected to bolster revenue sales of automotive axle and propeller shafts market. Proliferating demand for light commercial and passenger vehicles in ASEAN countries such as Indonesia and Malaysia among other countries is boosting the sales of automotive axle and propeller shaft market. The recuperating sales of vehicles is expected to create strong demand for automotive and propeller shafts during the forecast year. With a number of OEM manufacturers shifting production bases in Latin America, the region is expected to witness significant development in terms of supply and demand for domestic automotive axle and propeller shaft manufacturers.

Key automotive axle and propeller shaft markets in Western Europe such as Germany, Italy, Spain and U.K. are witnessing relatively high demand for aftermarket components such as drive train components and shafts for electric vehicles segment. This automotive axle and propeller shaft market demand is expected to mature during the first half of the forecast period. However, post 2021, the demand is expected to resurge. Middle East and Africa and Eastern Europe automotive axle and propeller shaft market is expected to witness significant demand owing to escalating sales of passenger cars and light commercial and heavy commercial vehicles.

Automotive Axle and Propeller Shaft: Market Participant

Examples of some of the market participants in the globalautomotive axle and propeller shaft market include Dana Corporation, IFA Rotorion, Meritor Inc., Korea Flange Co. Ltd. (KOFCO), ZF Friedrichshafen AG, Showa Corporation, JTEKT Corporation, Hyundai Wia Corporation, GKN-Walterscheid GmbH, American Axle & Manufacturing, Inc., and Gelenkwellen-Service GmbH.

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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Automotive Axle and Propeller Shaft: Segmentation

By axle orientation, the automotive axle and propeller shaft market can be segmented into:

  • Front Axle
  • Rear axle

On the basis of sales channel, the automotive axle and propeller shaft can be segmented into:

  • OEM
  • Aftermarket

On the basis of vehicle type, the automotive axle and propeller shaft market can be segmented into:

  • Passenger cars
  • Light Commercial vehicle
  • Heavy Commercial Vehicle

By propeller shaft type, the automotive axle and propeller shaft can be segmented into:

  • Front propeller
  • Inter-axle
  • Rear propeller

Report Highlights:

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

About Future Market Insights (FMI)

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

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Electronic Power Steering Market Competitor Analysis, Winning Strategies and Growth Drivers 2026

Electronic Power Steering Market Overview

The automotive industry has gone through many phases of improvements in design, power and efficiency in the last few decades. The technology has brought automobiles to perform in any terrains, which were earlier meant only for smooth roads. The selection of correct steering design provides stability and maneuverability to vehicle in any terrains.

The steering mechanism is a combination of various linkages which are intended to turn vehicle in minimum radius without over turning it. Unlike conventional steering, the modern electronic power steering comprises of various electronic components which assist to reduce power and provide precision turning. The electronic power steering can improve fuel efficiency and driving experience.

Earlier, the electronic power steering was used only in only high-end vehicle or sports utility vehicles (SUVs). In recent years, the reliability of electronic power steering has increased, which in result, has boosted its involvement in almost every categories of vehicle. The modern electronic power steering are much more compact and includes many other controlling features and airbags.

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Global Electronic Power Steering Market: Dynamics

The electronic power steering market is basically dependent on the automobile manufacturing sector. Also, research and development activities by various automotive firms is one of the driving factor of the global electronic steering market. Developments of sophisticated and robust steering mechanism is estimated to fuel up the global electronic steering market. Moreover, increasing competition to develop electric, self-driven or auto-pilot enabled vehicles is expected to boost the global market of power steering. Whereas, unavailability of cent percent reliable steering system and failure of electronics of steering are major restraints to global electronic power steering market.

Unlike conventional steering which have constant direct connection of links, development of electronic power steering with no direct contact of links is expected to trend in the forecast market.

Global Electronic Power Steering Market: Key Players

The major key players in global electronic power steering market includes companies like Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, ZF Friedrichshafen Group, Nexteer Automotive, NSK Global, JTEKT Corporation, SHOWA Corporation, thyssenkrupp Presta AG, Mando Corporation, Hyundai Mobis, Zhuzhou Elite Electro Mechanical Co. Ltd.

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Global Electronic Power Steering Market: Segmentation

The global electronic power steering (EPS) or electric power assisted steering (EPAS) market can be segmented into various categories on the basis of its type and application vehicle.

On the basis of EPS type, it can be segmented as

  • column assisted electronic power steering(C-EPS)
  • pinion assisted electronic power steering (P-EPS)
  • rack assisted power steering system (R-EPS)
  • electronic hydraulic power steering (EHPS)

On the basis of type of vehicle application, the global electronic power steering can be segmented as

  • light motor vehicles (LMV)
  • passenger cars
  • heavy motor vehicles (HMV)
  • agricultural tractors
  • special utility vehicles (cranes, sports cars, earth moving, military vehicles, etc.).

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Report Highlights:

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

About Future Market Insights (FMI)

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

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Mono Propylene Glycol Market to Surpass US$ 5 Bn by 2029

Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach beyond US$ 5 Bn towards the end of 2029, witnessing a moderate CAGR during forecast period (2022 – 2029). Environmental sustainability of bio-based mono propylene glycol will be significantly responsible in upholding its demand in the global market over the course of following years.

Monopropylene glycol, also known as propane-1, 2-diol, is a colourless and odourless chemical. It is a propylene oxide derivative and an artificial organic compound. Antifreezes, industrial coolants, and other applications include use of monopropylene glycol. Monopropylene glycol (food grade) is used in the food industry as a food pigment and additive.

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Monopropylene is also used in paints and varnishes, as well as bath tubs and also utilised as a liquid coolant for vehicles. The mono propylene glycol market is expected to be driven by the its growing use in various end-use industries such as, chemical industry, pharmaceutical industry, cosmetics and others. Considering this, FMI has forecasted the global mono propylene glycol sales to reach a valuation of US$ 5,159.5 Mn by 2029 end.

Key Takeaways – Mono Propylene Glycol Market Study

  • Low toxicity of mono propylene glycol, as compared to ethylene glycol, is expected to drive its usage in cosmetics and personal care products on a large scale. As ethylene glycol is poisonous and must be handled with caution to restrict any human or animal exposure, MPG will witness higher demand in the forecast period.
  • Being the preferred glycol for manufacturing high performance, unsaturated polyester resins for several uses such as reinforced plastic laminates for marine construction, gel coats, sheet molding compounds (SMC), and synthetic marble casting, industrial grade mono propylene glycol is projected to witness significant demand. It is also a vital intermediate in the production of alkyd resins for paints and varnishes.
  • Substantial demand is anticipated for mono propylene glycol from the pharmaceutical industry as it is a well-known excipient. MPG is used for several purposes in a broad range of pharmaceutical dosage forms, for e.g. as a humectant in topical medication, as a preservative in solutions, or as a co-solvent in aerosols, parenteral, and oral solutions.

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Manufacturers in the mono propylene glycol market can gain substantial profits by targeting long-term supply contracts from prominent end-use industries such as food & beverage, pharmaceutical, building construction, and others, across various developing countries such as India and China.

Manufacturers Moving towards Bio-based Mono Propylene Glycol

Bio-based mono propylene glycol is gaining popularity in the market, as a switch from petrochemical- to renewable-based MPG results in the reduction of climate change impact of 40-60% kg of CO2. Several countries are taking initiatives to increase the adoption of bio-based mono propylene glycol among various end-use industries owing to its significant environmental benefits.

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Who Is Winning?

The global mono propylene glycol market is fairly consolidated due to the unavailability of raw materials required for the manufacturing of mono propylene glycol, especially at the regional level, and absence of local manufacturers. Key manufacturers such as Dow Chemical Company, LyondellBasell, BASF SE, and Royal Dutch Shell PLC account for about 40% of the overall market share. North America and Europe are anticipated to account for a significant share of the global mono propylene glycol market, owing to rapid infrastructural development and increasing preference for bio-based mono propylene glycol.

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Automotive Fasteners Market Key Players, Industry Overview, Applications and Analysis 2026

Future Market Insights’ research on the Automotive Fasteners market offers a comprehensive overview for the forecast period of 2021-2026. 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 Automotive Fasteners 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 Automotive Fasteners market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

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COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Automotive Fasteners 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 Automotive Fasteners market.

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

Why Choose Future Market Insights

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Automotive Fasteners 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 material used, the automotive fasteners market segmented as follows:

  • Iron
  • Aluminum
  • Brass
  • Nickel
  • Stainless steel
  • Plastic

On the basis of characteristics, the automotive fasteners market segmented as follows:

  • Removable
  • Semi-permanent
  • Permanent

On the basis of types, the automotive fasteners market segmented as follows:

  • Threaded –
  • Nuts
  • Screws
  • Rivets
  • Studs
  • Non threaded
  • Snap rings
  • Clips

On the basis of Coating, the automotive fasteners market segmented as follows:

  • Passivated coating
  • Cadmium coating
  • Dry film lube coating

On the basis of distribution channel, the automotive fasteners market segmented as follows:

  • OEM (Original Equipment Manufacturers)
  • Aftermarket

Automotive Fasteners Market: Competitive Analysis

The report on the Automotive Fasteners 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.

  • Permanent Technologies, Inc.
  • Phillips screw company
  • Westfield Fasteners Limited
  • com Inc.
  • Atotech Deutschland GmbH
  • Stanley Engineered Fastening
  • PennEngineering
  • Shanghai Tianbao Fastener Manufacturing Co., Ltd.
  • Jiangsu Xing Chang Jiang International Co., Ltd.
  • Shamrock International Fasteners
  • Birmingham Fastener, Inc.
  • Sundram Fasteners Limited

Critical Questions Answered in the Report

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

About Future Market Insights (FMI)

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

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Automotive Foams Market Trends, Growth, Future Demand, Analysis and Forecast by 2026

Automotive foams are generally polymer foams and are made up of gas and solid phase mixed together to form a foam which is achieved by combining the two phases too briskly for the system to respond in a smooth fashion. The resulting foam is incorporated with either air bubbles or air tunnels also known as either closed cell structure or open cell structure. Open cell foams are usually flexible, while closed cell foams are generally rigid. The gas involved in the manufacturing of automotive foam can either be chemical or physical and is termed as a blowing agent.Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-1753

Physical blowing agents are those gases which are not involved in direct chemical reaction in the foaming process and thus are inert in nature whereas chemical blowing agents are those gases that take part in the chemical reaction and thus decompose to release chemicals in the foaming process. Polymer foams can be produced through various methods including extrusion, slab-stock by pouring and different types of molding. There are various types of polymer foams including polyurethane, biodegradable foams, starch foams among others. Polymer foams find their applications in various sectors including automotive, packaging, building & construction, furniture & bedding among others. Major methods of manufacturing automotive foams are molding and slabstock.

Global Automotive Foams Market: Segmentation

The global automotive foams market can be segmented on the basis of types, application and end-use industry. On the basis of type, the global automotive foams market can be segmented into polyurethane, starch foams, biodegradable foams and others. On the basis of application, the global automotive foams market can be segmented on the basis of instrument panels, seating, door panels, headliners, water shields, gaskets, seals, Noise-Vibration and Harshness (NVH) solutions and others. On the basis of end-use industry, the global automotive foams market can be segmented into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV).

Global Automotive Foams Market: Dynamics

Various properties of automotive/ polymer foams including low density, weight reduction characteristics and cost effectiveness are some of the main reasons driving the global automotive foams market. Moreover, automotive foams are optimal insulators with low heat transfer properties, which is a key factor fuelling the demand for automotive foams over other alternatives thus in turn driving the overall global automotive foams market. Flexibility and softness of automotive foams also provide extra comfort to the passengers which is a major factor pumping the growth of the global automotive foams market. Furthermore, growing consumer preference for polymer foams in vehicles and increasing manufacturer’s inclination towards automotive foam products in commercial vehicle applications is a major factor driving the demand for automotive foams thus fuelling the overall global automotive foams market.

The major challenges involved in the global automotive foams market include waste disposal, flammability, recyclability and others. Moreover, adverse effects of blowing agents on the environment is another major challenge hampering the growth of the global automotive foams market. Stringent government regulations on the adverse effects of chloro-fluoro-carbons (CFCs) involved in the manufacture of polymer foams is another key factor restraining the growth of the global automotive foams market.

Global Automotive Foams Market: Region-wise Outlook

Considering regions, North America in the global automotive foams market is anticipated to dominate the other regions throughout the forecast period followed by Western Europe. Moreover, APAC is expected to witness the highest growth during the forecast period. The global automotive foams market is divided into seven key regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan.

Global Automotive Foams Market: Key Players

The key players involved in the manufacture of automotive foams include Woodbridge Foam Corporation, Bridgestone Corporation, Johnson Controls, The Dow Chemical Company, BASF Chemical Company, Lear Corporation, Vitafoams, Saint-Gobain, Armacell, Recticel among others.

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

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

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

Automotive Foams 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

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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Automotive Seating Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2026

Market Study Conducted by Future Market Insights, a leading ESOMAR Certified Competitive Intelligence Provider, offers Sheds Light on Key Factors Enabling Sales of Automotive Seating over the Forecast Period 2016-2026

Future Market Insights (FMI) analysis on the Automotive Seating market offers insights into factors affecting growth in the market through 2026. The survey uncovers information growth opportunities and trends propelling sales of Automotive Seating in key segments such as (type), (vehicle type), and (sales channel). It also highlights the strategies acquired by the leading market players in the landscape.

According to the latest market analysis by FMI, the global Automotive Seating market will surge at a steady rate over the forecast period 2016 to 2026. The objective of the report is to unmask the growth drivers, restrains, key trends, threats, and growth opportunities shaping the future of the market. The analysis aims at assisting businesses to capitalize on the upcoming opportunities and preparing for unforeseen challenges.

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth potential based on (type), (vehicle type), and (sales channel).

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Integration of Wireless Communication Creating Lucrative Growth Prospects for Automotive Seating Market

The introduction of vehicle-to-vehicle communication is aiding in curtailing traffic and preventing accidents on roads. Integration of advanced technologies such as artificial intelligence also will create scope for expansion of the Automotive Seating market. Government initiatives encouraging technological advancements in the automotive sector will create opportunities for growth in the coming years.

As per the study, surging vehicle production will place both India and China as lucrative markets. Besides this the presence of some of the leading automakers will drive sales in the U.S., U.K., and Germany.

Key Automotive Seating Survey Highlights and Projections

  • Drive by robust automobile demand in the country, China is likely to emerge as one of the most lucrative markets in East Asia, accounting for over high share in the global market.
  • Demand in South Korea and Japan will surge at an impressive pace as automotive production recovers pre-pandemic growth status.
  • (Split seat) will continue to dominate in terms of (PCV (Passenger Commercial Vehicles)) through 2029.
  • Based on the (sales channel), is leading the global market.

Report Benefits & Key Questions Answered

  • Automotive Seating Historical Volume Analysis: The detailed analysis by FMI underscores fundamental driver, restrain, and opportunities that impacted the growth of the market over the last forecast period. It offers modification in market growth due to aforementioned dynamics and project sales performance of Automotive Seating for the forthcoming forecast period 2021-2029.
  • Automotive Seating Sales Outlook: A thorough study administered by FMI analyses key micro and marco-economic indicator and provides insights on their impact on the sales of Automotive Seating during the assessment period.
  • Automotive Seating Company & Brand Share Analysis: The company and brand share analysis by FMI reveals the list of leading companies in the Automotive Seating market and segregate these companies in Tier 1, Tier 2, and Tier 3. The study also forecast the percentage of market share captured by these players between 2021 and 2029.
  • Automotive Seating Category and segment level analysis: FMI offers detailed analysis of the factors influencing the sales prospect across key segments. Automotive Seating category analysis provides deep insights into customer experiences, emerging trends, and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Automotive Seating Market Trend Analysis: The analysis on the market trend discovers current and upcoming trends in the automotive industry and studies the impact of these trend on the demand and sales of Automotive Seating during the coming decade.
  • Automotive Seating Market Structure Analysis: The study on market structure analysis provides in-depth data about market concentration, level of competition, and tier analysis of the key players in the Automotive Seating market along with their insights on their global footprint based on region, country, segment, and product portfolio.

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Competitive Landscape Analysis

The competitive landscape analysis for Automotive Seating market includes comprehensive profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of leading Automotive Seating manufacturers is also provided to aid the business leaders understand the market scenario.

The report also provides credible insights into the winning strategies adopted by the key Automotive Seating manufacturers, with recommendation on what works well in Automotive Seating landscape. The full report profiles all the key market participants such as

  • Johnson Controls Inc
  • Toyota Boshoku Corporation
  • TS Tech Co., Ltd
  • Faurecia SA
  • Lear Corporation
  • IFB Automotive
  • Magna International Inc
  • DURA Automotive Systems
  • Aktis Engineering Solutions
  • Fisher and Company

Automotive Seating Demand Analysis by Category

On the basis of seat type:

  • Split seat
  • Bench seat
  • Split Bench seat

 On the basis of vehicle type, the Automotive Seating market has been segmented as:

  • PCV (Passenger Commercial Vehicles)
  • LCV (Light Commercial Vehicles)
  • HCV (Heavy Commercial Vehicles)

 On the basis of sales channel, the Automotive Seating market has been segmented as:

  • OEMs
  • Aftermarket

Region

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

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About Future Market Insights (FMI)

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

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Automotive Cyber Security Market Size, Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2029

Future Market Insights’ research on the Automotive Cyber Security 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 Automotive Cyber Security 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 Automotive Cyber Security market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

COVID-19 Impact on Automotive Industry

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

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

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

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The global Automotive Cyber Security market is segmented on the basis of types of cyber security solution such as

  • Software-based
  • Hardware-based
  • Network & Cloud

The global automotive cyber security market is also segmented on the basis of vehicle type such as

  • passenger cars
  • light commercial vehicles
  • heavy commercial vehicles

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Automotive Cyber Security Market: Competitive Analysis

The report on the Automotive Cyber Security 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.

Global Automotive Cyber Security Market: Key Players

Google, Mobileye, Nissan, Audi, BMW, Ford, GM, Toyota, Daimler, and others.

Critical Questions Answered in the Report

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

Significant Contributions of the Report

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

Oil & Gas Pipeline Coatings Market to grow at a value of 5.6% CAGR between 2022 and 2029

Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 7 Bn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly account for increasing demand for oil & gas pipeline coatings in the market.

Paradigm shift in coating technologies, along with increase in global energy consumption and proliferating oil & gas pipeline projects will continue pushing sales in the oil & gas pipeline coatings market. Considering this, FMI has forecasted the global oil & gas pipeline coatings sales to reach a valuation of US$ 6,958.0 Mn in 2029.
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Oil & gas Pipeline Coatings Market​ Key Takeaways
  • Fusion bonded epoxy (FBE) coatings, attributing to their low coefficient of friction and low permeability, create a tight barrier that prevents permeation of cold and hot liquids. This property would continue to position them as a preferred choice for oil & gas pipeline coatings.
  • The Asia Pacific region, which has more than 10,000 miles of pipeline under construction and further over 9,750 miles of planned pipeline projects, is likely to reflect robust growth opportunities facing players operating in the oil & gas pipeline coatings market.
  • With crude oil prices recovering, investments in the oil & gas industry are projected to rise by 6% between 2017 and 2025. These will fuel exploration & production activities around the world, propelling oil & gas pipeline coatings demand.
  • In the upstream segment, although onshore sector constitutes most of the market share, offshore sector, driven by increasing investments, is estimated to witness robust growth in the oil & gas pipeline coatings market.
  • Stringent regulations pertaining to volatile organic compound (VOC) emissions are anticipated to impede the growth of solvent-based oil & gas pipeline coatings, which are prone to VOC emissions during the drying process.
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Pipe laying in deep waters or high operating temperatures, and increasing corrosive properties of flow materials have been driving advancements in pipeline coatings. These advances such as thermal insulation will bring forth a range of new technological frontiers in the pipeline coatings space in the near future.

Market Landscape Moving towards Consolidation

The oil & gas pipeline coatings market is technology driven and remains dominated by a handful of players that possess extensive R&D capabilities. Leading players operating in the global oil & gas pipeline coatings market, Akzo Nobel N.V., PPG INDUSTRIES, Sherwin-Williams Company, Axalta Coating Systems, RPM International Inc., and BASF SE, are focusing on acquisitions of smaller and technology-driven paint & coating manufacturers to build on their product expertise and enhance market positioning.

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What Does Future Hold?

Crude oil prices are extremely volatile in nature, affected by growing U.S. oil & gas production, OPEC production cuts, and oversupply of crude oil. Considering the number of pipeline projects in the construction phase and older, existing pipelines in need of reconditioning, the oil & gas pipeline coatings market is projected to witness robust growth during the forecast period.

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Machine Condition Monitoring Market is expected witness a CAGR of 5% between 2020-2030

The global machine condition monitoring market is expected witness a CAGR of 5% between the forecast period of 2020-2030. Growing need to reduce the maintenance cost and unexpected downtime have fuelled the growth of global machine condition monitoring market.

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Demand for Longer Life of Machine Parts to Sustain Growth for Market

Machine conditioning essentially determines the health of a machinery, monitors, and offers predictive maintenance ideas to avert failures. It plays a crucial role in diagnosing a troubling noise, vibration, and temperature measurements in a machine that have the potential of wreaking havoc. Machine conditioning is predominantly used in industries such as oil and gas, manufacturing, petroleum, aerospace and defense, automotive, and marine amongst others. The crucial nature of these industries is expected to ensure that the market for machine condition monitoring has a healthy growth rate.

Machine condition monitoring techniques are used in rotating equipment, pumps, electric motors, internal combustion engines, and presses to garner predictive maintenance insights. Development for advanced machine condition monitoring solutions that facilitate scheduled maintenance are expected to create viable opportunities. Low-cost advanced machine condition monitoring, direct communication processes, and rapid processing functions are opening new doors to the growth of machine condition monitoring market. Machine reliability by effective prediction of their failures, maximizing part life by proper scheduling of maintenance programs, achieving reduction in frequency of failures, reducing severity of machine downtime, and ensuring safety of equipment and staff will also prove to be solid foundations for the players in the market.

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Oil and Gas Industry to Remain Key Consumer to Keep Operations Uninterrupted

The oil and gas industry is expected to be the key user of machine conditioning monitoring solutions in the coming years. Growing pressure on onshore and offshore oil exploration and shale gas activities are expected to keep this segment in the lead. The petroleum segment too is projected to have a positive impact on the overall market. However, fluctuations in oil prices due to political instability and pandemic are expected to create a negative impact. The other end-use industries of machine condition monitoring are marine, aerospace, defense, mining and metal, power generation, and automotive.

Manufacturing Industry in Asia Pacific to Give Machine Condition Monitoring Market New Opportunities

The report states that the market growth in developed economies for these systems is expected between 7%-10% whereas in developing regions the growth may even exceed 12% during coming decade. On the basis of region, North America is estimated to be the fastest-growing market for machine condition monitoring due to higher expenditure made by existing companies on efficient maintenance. On the other hand, Asia Pacific and Latin America are expected to be the growth engines of machine condition market in the near future with each region upping the production and manufacturing capacities. The remaining regions are expected to grow at a steady rate over the forecast period.

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Global Machine Condition Monitoring Market: Key Players

Some of the key players operating in the global machine condition monitoring market are National Instruments, Parker Kittiwake, Rockwell Automation, Bruel & Kjaer Vibro GmbH, Emerson Process Management, Fluke Corp, Honeywell Process Solution, among many others.

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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Mass Finishing Consumables Market to reach US$ 288.7 Mn by 2029 – FMI

Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new Future Market Insights (FMI) study, the global mass finishing consumables market is estimated to be valued at over US$180 Million by the end of 2019, demonstrating moderate growth at a less than 5% CAGR during the forecast period, 2019 – 2029.

Heightened demand for surface finishing from end-use industries, along with preference for in-house surface finishing with growing usage of digital control systems will continue pushing sales in the mass finishing consumables market. Considering this, FMI has forecast the global mass finishing consumables sales to reach a valuation of US$ 288.7 Mn in 2029.
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Key Takeaways – Global Mass Finishing Consumables Market
  • Non-metallic abrasives provide more contact area during finishing process than metallic ones, thus enabling the dimensions of parts to stay intact. Furthermore, non-metallic abrasives are best suited for both wet and dry applications. This leads to growing preference for non-metallic abrasives (ceramic, plastic, and porcelain) over metallic abrasives (such as steel).
  • Ceramic and plastic mass finishing consumables are estimated to account for more than 70% of total mass finishing consumables worldwide.
  • Plastic mass finishing consumables are generally recommended for use with softer metals, such as aluminum, brass, and zinc.
  • Use of fixtures is an upcoming trend. This process increases flow of media onto component surface, thereby contributing to an increased finishing action.

New entrants in the global mass finishing consumables market can benefit by penetrating emerging economies in East Asia, where substantial growth is seen in the manufacturing sector.

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Implementation of digitization and automation technologies over conventional technologies in the production line, product innovation, and footprint expansion remain key strategies followed by mass finishing consumables manufacturers to enhance productivity and to capture new market opportunities.

Reducing Third-party Dependence for Finishing Services to Propel Market Growth

Sustainable growth of investment in the manufacturing sector is expected to play a key role in driving the growth of the mass finishing consumables market across the globe. From the perspective of end-use industries, surface finishing is used in almost in every industry for cleaning and refurbishing metallic and non-metallic parts. End users are dependent on third-party service providers, which increases production cost and negatively impacts profitable margins.  The high cost involved influences such end users to opt for in-house surface and finishing technologies and to enhance productivity along with reducing cost and time.

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Interested in More Information?

A new market report on mass finishing consumables published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data for 2014 – 2018 and forecast statistics for 2019 – 2029. The study offers insightful information on the global mass finishing consumables market based on various categories – media type (ceramic, plastic, steel, aluminium oxide, and others), application (deburring, pressure deburring, grinding, polishing, and ball furnishing, among others), and end-use industry (automotive, aerospace, machine tooling, general manufacturing, construction, healthcare, and jewellery & accessories), across seven regions.

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