Market Research Blog – Page 15198 – New Product Development

Automotive Energy Recovery Systems Market Trends, Growth, Future Demand, Analysis and Forecast by 2025

Automotive Energy Recovery Systems Market Overview

Vehicles create energy while executing various functions. The energy generated by the vehicles can be used for providing additional power to the engine and other vehicle parts. The vehicle converts 25-30% of its fuel energy to move the vehicle, and the rest of the energy is wasted through the radiator and engine exhaust. To convert the heat extracted from hot exhaust gases into electrical power, exhaust energy recovery system is used.

Automotive energy recovery systems increase the energy optimization of the vehicle. For instance, the regenerative braking system uses electric motor to generate electricity by utilizing the kinetic energy. In the process, regenerative braking system devices convert kinetic energy to electrical energy to reduce the vehicle speed, electrochemical battery or a flywheel are used to store the energy stored through regenerative braking. The stored energy is reused for various vehicle functionalities.

To recover the energy, the kinetic energy recovery system is used. The energy can be recovered from the kinetic energy generated after the brakes are applied to the moving vehicle, and this energy can be stored using a flywheel and battery. The recovered energy can be used later, during the vehicle acceleration.

Automotive energy recovery systems are seeing the traction in the market, due to the operational advantages it provides to the vehicle and customer.

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Automotive Energy Recovery Market: Drivers and Challenges

Globally, in last 5-10 years, the fuel prices have grown by approximately 4-9% on the year on year basis. Original equipment manufacturers of automotive are promoting their products by boasting the fuel efficient quotient. Globally, the preferences of the customers are changing, and these days fuel efficient and improved performance vehicles are preferred by the customers. Due to this, there is a growing demand for automotive energy recovery systems. Globally, the governments of many countries like U.S.A. and Canada have implemented stringent government emission regulations, and this is also fuelling the demand for automotive energy recovery systems.

Currently, there is a lack of awareness in emerging economies about automotive energy recovery systems, which is inhibiting the growth of the market. High cost associated with automotive energy recovery systems is also inhibiting the growth of the global automotive energy recovery market.

Automotive Energy Recovery Market: Overview

The global automotive energy recovery system market by volume is expected to expand at a CAGR of around 7-9% during the forecast period (2016-2025), due to stringent government emission regulations and growing demand for fuel efficient vehicles.

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Automotive Energy Recovery Market: Region-wise Outlook

The global automotive energy recovery market is expected to register a single-digit CAGR for the forecast period. Depending on geographic regions, global automotive energy recovery market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.In terms of market revenue, Western Europe and North America automotive energy recovery market is projected to register a significant CAGR during the forecast period. Slow but stable economic growth, growing automotive industry, stringent government emission norms, changing consumer preferences, relatively high awareness regarding automotive energy recovery systems, innovative and advanced technologies are some of the factors which are fuelling the growth of automotive energy recovery market in North America and Western Europe. Both the regions are projected to register a single digit growth rate during the forecast period.

Automotive Energy Recovery Market: Key Players

Some of the key market participants in global automotive energy recovery market are Continental AG, Robert Bosch GmgH, Denso Corporation, Tenneco, GenTherm, and TRW. In future the popularity of automotive energy recovery system is used for reduction of greenhouse gases and powertrain optimization.

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, by waste heat recovery system, by passenger vehicles, regenerative braking system and by product types.

The report covers exhaustive analysis on:

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

Automotive Energy Recovery Market: Segmentation

The global automotive energy recovery market can be segmented on the basis of regenerative braking system, by passenger car, by waste heat recovery system and by regions

The global automotive energy recovery system market is segmented as:

Regenerative Braking System

Based on passenger vehicles, the global automotive energy recovery market is segmented as:

Electric Vehicles
Hybrid Vehicles
Plug-in Hybrid Electric Vehicles

Based on waste heat recovery system, the global automotive energy recovery market is segmented as:

EGR
Turbochargers

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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Automotive Night Vision System Market Size, Share, Growth Trends, and Forecast Analysis to 2020

Automotive night vision systems play a major role in preventing accidents. Globally, they are currently becoming an important feature in passenger cars. Due to its ability to the reach beyond the vehicle’s headlights, an automotive night vision system is used to enhance a driver’s perception in darkness and poor visibility weather conditions. The night vision system warns the driver if an animal or a pedestrian is present in the danger zone by projecting a red image in front of the vehicle. The length and width of the danger zone depends on the speed of the vehicle. Automotive night vision systems are also deployed in military ground transport vehicles such as tanks, trucks, humvees, and armoured personnel carriers. According to the changing end user needs, different technologies have evolved in automotive night vision systems.

Increasing concern over accidents during night drives has been fuelling the growth of automotive night vision systems across the globe. In addition, increasing deployment of these systems in military vehicles to improve driving in darkness has been boosting this market. The penetration rate of night vision systems is high in luxury and premium cars, which are sold mostly in developed economies like North America and Europe. On account of these factors, the global market for automotive night vision systems is expected to double in the next six years.

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Europe dominates the global automotive night vision market, followed by North America and Asia Pacific. Factors like the increasing demand for premium and luxury cars, increasing disposable income, government regulations for vehicular safety systems, and improving economic conditions are driving the growth of the Europe night vision system market. The market is expected to experience twofold growth from 2014 to 2020.In addition to this, the Europe night vision systems market is expected to witness growing demand in mid-range passenger cars due to increase in disposable income.

The Europe automotive night vision system market can be classified according to display type and technology used. On the basis of display types, the market can be segmented into navigation systems, instrument clusters, and the windshield type. The market technology segment includes active infrared systems and passive infrared systems. Active infrared systems emit a beam of infrared light in front of vehicle. These systems are comparatively cheaper and produce sharper images. They are also better at detecting inanimate objects. Passive infrared systems have a camera mounted in the grille, which detects temperature differences among objects, and driver is able to see those thermal images on the navigation screen.

The Europe automotive night vision systems market is currently fragmented. The participants in this market focus on introducing innovative products. Major challenges for original equipment manufacturers are reducing the cost and improving the quality of images in these systems. In 2014, FLIR Systems introduced PathFinder, a night vision camera that can be used in motor vehicles. Acquisitions and mergers are the key strategies adopted by major companies to expand their geographical presence and market share as wellasenhance their customer base. Some of the key players in the Europe automotive night vision market include Robert Bosch GmbH, Autoliv Inc., TRW Automotive, Omron Corporation, L-3 Communications Holdings, DENSO Corporation, OmniVision Technologies, Inc., and Continental AG.

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In future, the Europe automotive night vision system market is expected to grow due to the expected increase of night vision system penetration in mid-range passenger vehicles, the government push for safety and security, the economic revival, and the increase in overall technology awareness.

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Asia Pacific Airbag Market Focusing on Current Trends, Leading with Top Key Players

Airbags are driver safety devices deployed in vehicles to provide cushioning and protection to passengers in the event of crashes/accidents. The bag is made of thin nylon fabric, and is folded into the dashboard, steering wheel, seat, roof or door. The crash sensor sends a message to inflate the bag in case of collision, while the inflation system helps in immediate inflation of air bag inside the passenger cabin.

The global market for airbags is expected to grow by a double-digit CAGR in the next six years. North America is leads the market followed by Europe and Asia Pacific. Due to advancements in technology, U.S is one of the largest markets for air bags. European countries are on the verge of economic recovery and are expected to show decent market growth in coming years.

Key drivers for the global airbag industry are government regulations, increasing concern for passenger safety, development of roll over and side impact systems, increased sophistication of safety systems, and increasing adoption of safety systems across all the segments of passenger vehicles.

The Asia Pacific region is expected to witness high growth in the near future due to increasing domestic demand for automobiles. Growing concerns over safety and increasing incorporation of safety systems, particularly airbags, in the compact car segment are driving growth in the market.

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Additionally, some of the key programs that rate vehicles based on their safety performance, such as the new car assessment program (NCAP) are also fuelling the growth of the airbag market in Asia Pacific. Affordability and technological advancement are other factors boosting the sales of airbags in Asia Pacific.

Airbags comprise of three crucial elements, i.e. bags, crash sensors and inflation systems. On the basis of location of airbags within the vehicle, the airbags market is segmented into frontal airbag, side airbag, centre airbag, knee airbag, and rear curtain airbag. The largest market share is occupied by the centre airbag followed by the side airbag.

Technology development, increasing consumer acceptance and lower prices are pushing airbag utilisation to almost 100% in Japan. China is the largest producer of airbags in mass quantities owing to high automotive production. Regional players often license technology or partner with large airbag suppliers in order to enhance their presence in the market. The major trends identified in the market include use of new fabric technology and decrease in cushion weight.

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Automotive airbag companies such as Denso Corporation, Takata Corporation, and Toyoda Gosei Co. Ltd. are the major players in the Asia Pacific region. Other big players in the Asia Pacific airbag market include Autoliv, Inc., Robert Bosch GmbH, Delphi Automotive PLC, Continental AG, Hyundai Mobis Co. Ltd, and Key Safety Systems, Inc. This market is highly competitive in nature and competition between the airbag module manufacturing firms is increasing. The companies are also trying to gain an advantage in terms of cost through product development that is focused on reducing the cost by reducing material content, facilitating the ease of manufacture, and logistics management.

The interesting fact is that the use of air bag technology in two-wheelers can prove to be a challenge and yet, growth opportunity for market leaders. In a cost-sensitive market like APAC, automotive original equipment manufacturers (OEM) are expected to come up with economical airbags to capture the untapped market in APAC

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Automotive Test Equipment Market Will Generate New Growth Opportunities in Upcoming Year

Automotive Test Equipment Market Overview

Automotive test equipment is primarily used for adjustment of vehicle performance and executing the quality tests on the vehicle. Automotive test equipment are used for measuring the engine wear, lubricant aeration, engine oil consumption, fuel dilution and evaporation and clogging of after-treatment systems. These test equipment are also used for testing the impact on engine oil consumption, hand brake tension and for interaction between fuel and lubricant. The examples of automotive test equipment are used as engine dynamometer, vehicle emission test system, wheel alignment tester, chassis dynamometer, fatigue testing, impact testers, tire plunger testers, fogging testers, etc.

Automotive test equipment are providing control over the stability of the vehicle and excelling the riding comfort, these advantages are fuelling the market for automotive test equipment.

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Automotive Test Equipment Market: Drivers and Challenges

Expected growth in automotive industry is projected to fuel the growth in automotive test equipment market during the forecast period. As original equipment manufacturers are technologically advancing the automotive test equipment, the global automotive test equipment industry is expected to experience a growth during the forecast period. The growing demand for automotive test equipment from Asia Pacific and Middle East is fuelling the growth of the global automotive test equipment market. Stringent emission regulations regarding CO2 and NOX are boosting the demand for automotive test equipment globally.

Automotive test equipment market is facing a challenge of market maturity in the developed economies such as U.S.A., Canada, etc.

Automotive Test Equipment Market: Overview

The global automotive test equipment market is expected to expand at a CAGR of around 4-7% during the forecast period (2016-2025), due to stringent government emission regulations (CO2 and NOX) and technological advancements.

Automotive Test Equipment Market: Key Players

Some of the key market participants in global automotive test equipment market are Robert Bosch gmbh, Siemens AG, Honeywell Industrial Inc., ABB Ltd, Delphi Automotive PLC, Actia S.A., etc.

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Automotive Test Equipment Market: Segmentation

The global automotive test equipment market can be segmented on the basis of type of vehicle, type of product and by regions.

Based on type of vehicle, the global automotive test equipment market is segmented as:

Passenger Vehicles
Commercial Vehicles

Based on type of product, the global automotive test equipment market is segmented as:

Vehicle emission test system
Wheel alignment tester
Chassis dynamometer
Engine dynamometer

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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)

Automotive Natural Gas Vehicle Market Brief Forecast and Analysis by Top Key Players to 2025

Automotive Natural Gas Vehicle Market OverviewAn automotive natural gas vehicle uses compressed natural gas (CNG) or liquefied natural gas (LNG) as an alternative to the diesel or petrol. A natural gas is widely used in lift trucks, buses, light and heavy duty trucks, motorcycles, cars, vans and locomotives.

A natural gas provides an economical and environmental friendly option over diesel or petrol. Currently, the penetration of automotive natural gas vehicle is less globally, but due to its operational advantages, in future the penetration is expected to increase globally.

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Automotive Natural Gas Vehicle Market: Drivers and Challenges

Around the world, the governments have issued stringent regulations regarding the emissions and fuel efficiency. The global fossil fuel price has seen an increasing trend over the past 5-10 years. Due to these reasons, there is a growing demand for cheap and environmental friendly fuel alternative. Original equipment manufacturers of vehicles are promoting their products by showcasing the fuel efficiency and emission free features. This factor is fueling the demand for automotive natural gas vehicle market.

High upfront purchase cost, low awareness in many countries are some of the factors which are inhibiting the growth of automotive natural gas vehicle market.

Automotive Natural Gas Vehicle Market: Overview

Currently, the automotive natural gas vehicle market is still in the nascent state, thought the market experienced growth in sales in last 3-4 years.

The global automotive natural gas vehicle market by volume is expected to expand at a CAGR of around 5-7% during the forecast period (2015-2025), due to stringent government emission regulations and growing demand for fuel efficient vehicles.

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Automotive Natural Gas Vehicle Market: Region-wise Outlook

The global automotive natural gas vehicle market is expected to register a single-digit CAGR for the forecast period. Depending on geographic regions, global automotive energy recovery market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.In terms of market revenue, Asia Pacific automotive energy recovery market is projected to register a significant CAGR during the forecast period. Stable economic growth, growing automotive production, stringent government emission norms, changing consumer preferences, are some of the factors which are fueling the growth of automotive natural gas vehicle market in Asia Pacific. The significant demand for natural gas is from commercial vehicle segment in Asia Pacific. India, China and Iran are forecast to register a significant growth in the Asia Pacific automotive natural gas vehicle market, as these countries have significant network of gas infrastructure and CNG fueling network.

In Europe, countries like Russia and Ukraine have a high demand for natural gas in trucks and buses. The Europe automotive natural gas vehicle market revenue is currently dominated by commercial vehicles. The government policies, subsidies, increasing fossil fuel prices, stringent environmental regulations are fueling the demand for automotive natural gas vehicle in Western and Eastern Europe.

In North America and Latin America, compressed natural gas is seeing the high demand. Currently, U.S.A. is dominating the North America automotive natural gas market by value, on the other hand, Columbia is dominating the Latin America automotive natural gas market by value.

Automotive Natural Gas Vehicle Market: Key Players

Some of the key market participants in global natural gas vehicle market are Ford Motor Company, Fiat Chrysler Automobiles, General Motors, Honda Motor Company, Volkswagen, Hyundai Motor Group, etc.

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 (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)

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Automotive Natural Gas Vehicle Market: Segmentation

The global automotive natural gas vehicle market can be segmented by fuel type, by vehicle type and by regions

Based on Fuel Type, the global automotive natural gas vehicle market is segmented as:

Compressed Natural Gas
Liquefied Natural Gas

Based on Vehicle Type, the global automotive natural gas vehicle market is segmented as:

Passenger
Commercial

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)

Automotive Active Safety System Market : Value Chain, Stakeholder Analysis and Trends by 2025

Automotive Active Safety System Market OverviewAutomotive active safety system market is gradually witnessing uptake in recent past due to growing concerns towards road safety. Automotive safetysystems are turning out to be gaining lot of attention from automakers as well as customers. In order to protect the driver and passengers, manufacturers implement various safety features in a car. Safety features can be classified into two categories active safety system and passive safety system. The role of passive safety system comes into play during or after the accidents to minimize the damage from the collision whereas active safety system prevent the risk of collision or accidents.Active safety features are usually electronic and computer controlled components which are entering all aspects of modern vehicles right from navigation system to advanced infotainment system. In addition to comfort and convenience from electronic advancements, more opportunities exist to be explored in global automotive active safety system market.

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Global automotive active safety system market is segmented on the basis of vehicle type as passenger vehicles and commercial vehicles. Automotive active safety market for passenger vehicles is further segmented into premium cars, luxury cars and mid-range cars. In Premium and luxury cars active safety system are more popular while in mid-range cars penetration of active safety system is comparatively less. Automotive active safety system market is comparatively low in case of commercial vehicles. With up gradation in technology and reduction in production cost,mid-range cars owners are increasingly using active safety system in automotive.

Global automotive active safety system market on the basis of product type is segmented as tyre-pressure monitoring system, lane departure warning, adaptive cruise control, night vision system, driver monitoring,anti-lock braking system and blind spot detection. The trend for the installation of blind spot detection and adaptive cruise control during the forecast period is estimated to grow significantly in premium vehicles due to increasing awareness about the system application and safety features. In past few years automotive active safety system market witnessed significant growth due to growing awareness among customers and automakers towards road safety.

Global automotive active safety system market is estimated to grow twofold with a double digit CAGR, as global automotive production is estimated to grow significantly during the forecast period. The global automotive active safety system market is segmented in seven key regions which are North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle East and Africa and Japan. North America automotive active safety systemmarket leads the global market in terms of value followed by Europe and Asia-Pacific. Increasing sales of premium cars, government’s regulations to minimize road accidents and healthy economic conditions are key drivers for global automotive active safety system market. With growing economy and increasing disposable income in emerging economies such as China and India,Asia Pacific region is expected to be potential growth region in automotive active safety system market. North America held the largest market share in global automotive active safety system market in 2013 and is expected to dominate during the forecast period.

Some of the examples of market participants in the global automotive active safety market include Autoliv Inc., Robert Bosch GmbH, Continental AG, and Delphi Automotive LLP, TRW automotive, Denso Corporation, PSA Peugeot Citroen, Borg Warner Inc. and Ficosa International S.A. Getting into alliances and partnerships with major OEMs are key strategies followed by leading players in the global automotive active safety system market.

Some of the trends in automotive active safety systemmarket is shifting R&D efforts of OEMs from passive system to active system. For instance, Nissan has announced their plan to launch driverless cars by year 2020, and Volvo is also expected to release their autonomous cars on road by 2017.

Looking ahead in future, OEMs will have to develop new innovative products and features to sustain competition in automotive safety system market. Demographic trends such as preference of customers towards updated technology with increase in automotive sales globally are some of the key driving forces for automotive active safety system market.

The research report presents a comprehensive assessment of the automotive active safety system 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 and types.

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Report covers exhaustive analysis on:

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

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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)

Valve Seat Inserts Market is expected to grow at a CAGR of ~4% during the forecast period of 2019-2029 | Nippon Piston Ring co., Ltd, Dura-Bond Bearing Company, BLW Engine Valves, Federal-Mogul LLC

A new market research report by Future Market Insights on the valve seat inserts market includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates into the valve seat inserts market and provides critical insights for the forecast period of 2019-2029. As per the market assessment, the valve seat inserts market is likely to grow at a considerable growth of 4.0% against the backdrop of ongoing increase in vehicle parc and anticipated growth in automobile production.

The global valve seat inserts market is estimate to be valued at ~US$ 5 Bn in 2019, mainly influenced by the trade tensions, political environment, and government policies to boost the automobile sector. Moreover, the growth outlook for the valve seats inserts aftermarket is stable, although the market structure pertaining valve seat inserts will change significantly over the coming years. Moreover, to win over the market imponderables and shakeouts, the manufacturers such as Federal-Mogul, Mahle, and Nippon Piston Ring are heavily investing on capacity expansions, R&D for the development of new materials, and new distribution channels.

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As per the analysis, manufacturers are likely to focus on developing valve seat inserts using new technologies such as powder metallurgy to overcome the challenges put forward by conventional manufacturing techniques. The growth of maritime tourism coupled with increase in the number of two-wheelers in nations such as India will provide an impetus to the market growth in the coming years.

Anticipated Increase in the Demand to Offer Lucrative Market Space

Valve seat inserts market is directly correlated to automotive production. Despite the unstable economic conditions in the recent past, on an average, the global automotive industry has witnessed plausible growth. Automotive production is anticipated to increase at a modest CAGR of 3–3.5% over the forecast period. Increasing automotive production, automotive sales, and easier credit availability are found to be key imperatives to drive the global valve seat inserts market during the forecast period. Transition from mature markets to developing markets will intensify in the longer term to capture growth in the valve seat inserts market.

As per FMI analysis, automotive production is expected to be higher in developing economies as compared to that in developed economies. This can mainly be attributed to the increasing middle-class, changing demographics, and stable economic conditions in these regions. During the forecast period, the fleet on road is also expected to rise at a modest CAGR, thus providing marginal opportunities for growth in the valve seat inserts market.

Automotive – A Prime Mover for the Global Market Growth

A robust market trajectory is foreseen for the valve seat inserts market. In addition, passenger cars and commercial vehicles using a multi cylinder engines to remain the predominant end users of valve seat inserts.

To benefit from the ever-growing demand for valve seat inserts, the companies are heavily investing to improve their manufacturing capabilities and launching new products produced by inclusion of new materials. Among the core end-users, passenger cars are set to dominate the market due to a large volume of the production and fleet figures. Also, industrial machinery and off-highway are likely to offer a promising outlook in the near future. It is evident from the fact that demand from road construction, mining, and defense is expected to drive up the consumption of valve seat inserts for off-highway machinery.
Expansion of warehouse space globally, strong demand for forklift truck replacements in developed markets, and growing e-commerce business is likely to substantially enhance the sales of valve seats inserts. Moreover, FMI assessed an anticipated increase in the production (4-6% annually) of industrial trucks to surge the consumption of valve seat inserts.

Valve Seat Inserts Market: Vendor Insights

The report titled valve seat inserts highlights some of the prominent market players, who have established themselves as the prominent stakeholders in the global valve seat inserts market. Some of the examples of key players in the global valve seat inserts market are MAHLE GmbH, Tucker Valve Seat Company, Indian Seats & Guides Company, Nippon Piston Ring co., Ltd, Dura-Bond Bearing Company, BLW Engine Valves, Federal-Mogul LLC, MS Motorservice International GmbH, Microfinish, Kavya International, Perfect Alloy Components Pvt. Ltd., Coopercorp Engine Components, Summit Valve Train LLC, XLP Engineers Pvt. Ltd., among others. Furthermore, Dura Bond and Mahle have developed valve seat inserts that help customers achieve better cylinder head machining and engine performance. In addition, Federal-Mogul’s new material for valve seat inserts is suitable for both cast iron and aluminum cylinder heads and is compatible with gasoline, diesel, biodiesel fuel blends, and ethanol

In terms of market structure and tier analysis, the global valve seat inserts market is significantly fragmented with few players holding a prominent share of nearly 40% in the valve seat inserts market.

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The study finds that production cuts and plunged auto sales in the past few months have changed the situation. However, government spending, tax cuts, subsidies, and policies will continue to fuel the growth of the auto sector and valve seat inserts market. In a nutshell, the global valve seat inserts market will continue to grow at a CAGR of ~4% between the forecast periods of 2019 and 2029.

Key Segment

By Material

Iron Alloys
Steel
Nickel-based Alloys
Others

By Sales Channel

OEM
Aftermarket

By Engine

Gasoline Engines
Diesel Engines
Gas Engines

By End Use

Automotive
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Off-Highway
Two wheelers
Marine
Industrial Machinery

By Region

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

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Table Of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Key Developments

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Outlook

3.1.2. GDP Per Capita

3.1.3. Global Vehicles On Road Comparison

3.1.4. Global Vehicle Production Overview

3.1.5. Global Vehicle Sales Overview

3.2. Value Chain

3.3. Forecast Factors – Relevance & Impact

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunity

3.4.4. Trend

Global Valve Seat Inserts Market Demand Analysis 2014-2018 and Forecast, 2019-2029

4.1. Market Volume (Units) Analysis

4.2. Pricing Analysis, 2018

4.3. Market Value Analysis

Valve Seat Inserts Market – Key Research Findings

The global valve seat inserts market size in 2019 is predicted to reach ~US$ 5 Bn.
The valve seat inserts market is expected to grow at a CAGR of ~4% during the forecast period of 2019-2029.
According to analysis, new material development for valve seat inserts is being done by the manufacturers while ensuring the engines meet performance and durability standard. Additionally, at a capacious level – environmental factors, ride sharing, better public transport, and urban apartment living are the macro-level factors to sway the demand in car purchases.

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Automotive Load Floor Market is projected to grow at 4.5% CAGR over the forecast period (2020-2030) | DS Smith, Huntsman International LLC, and Nagase America Corporation

Sustainability-centered initiatives surrounding innovation and the need for development of alternative sources of propulsion in the automotive industry have put pressure on the capital performance of automotive load floor market over the recent past. Raw materials such as polypropylene (PP) and composites help reduce the overall weight of automobiles by almost a third, keeping rigidity and durability intact, and this potential makes them a top priority for market players.

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Automotive Load Floor Market Outlook & Key Findings

The automotive load floor market is projected to grow at 4.5% CAGR over the forecast period (2020-2030)
Composites to remain material of choice among manufacturers
Compact vehicle segment will witness highest adoption of automotive load floors
Load floor systems are expected to capture leading revenue share, tantamount to 44% of automotive load floor market value
East Asia continues to offer opportunities of growth and profitability, owing to presence of automobile manufacturing hubs

Evolving market dynamics and stiffening competition are compelling automotive load floor manufacturers to turn to patented technologies. As such experiments gather pace, end users expect a greater of performance and customization. So, market players must create distinctive strategies to integrate technology into their operations to capture the value at stake.

Future Market Insights, in its latest report, projects that the global market for automotive load floors is poised to register revenues worth of US$ 3.2 Bn by 2030.

Key Takeaways of Automotive Load Floor Market

Polyurethane (PU) or polypropylene (PP) based honeycomb technology to reduce overall vehicle weight by 20-30%
Fixed automotive load floors will remain most worthwhile and are expected to procure around 77% of the market revenue through 2030
Stringent emission norms across the globe to propel adoption of automotive load floors
Market in South Asia & Pacific to experience meteoric growth over the following decade
Booming uptake of electric vehicles (EV) to offer potential growth avenues in near term

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COVID-19 Impact on Automotive Load Floor Market

The global automotive load floor market continues to face the brunt of the coronavirus (COVID-19) pandemic as sales of vehicles have slumped due to factory closures, collapse in demand, and supply chain disturbances. As market players enter into the latter half of 2020, there are some varying signs of recovery visible, as well as of further disruptions ahead.

Uncertainties prevail, with epidemiological numbers soaring in various countries of South America and Asia, and, most worrying, in the US. Even though China was showing positive signs of a probable V-shaped rebound, June sales dipped considerable, implying a see-saw battle ahead. The US industry also, despite coming up with some favorable figures in May, waned last month.

With risks of further virus contagion and preventative lockdowns remaining high over the rest of the year, the global automotive load floor market will remain exposed to economic uncertainties.

Key Segment

By Material Type

Hardboard
Fluted Polypropylene
Honeycomb Polyprolene
Composites

By Operation

Fixed
Sliding

By Application

Interior Systems
Cargo Systems
Load Floor Systems

By Vehicle Type

Compact
Mid-Size
Luxury
SUV
LCV
Mini-Bus
Van

By Region

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

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Automotive Load Floor Market – Competitive Intelligence

The global automotive load floor market is characterized by presence several domestic and international players, thus, making the market landscape highly fragmented. Leading manufacturers such as DS Smith, Huntsman International LLC, and Nagase America Corporation capture about 20-25% of the overall market value. Organic and inorganic strategies including, mergers & acquisitions (M&A), are likely to govern growth tactics market players.

Top Reports Related To Automotive Market Insights

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

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

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
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Report: https://www.futuremarketinsights.com/reports/Automotive-Load-Floors-Market
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Automotive Control Cable Market growing at a CAGR of 4.6% over the forecast period 2022-2029 | Thai Steel Cable Public Co., Ltd, Minda Corporation Limited, Kongsberg Automotive ASA.

A new market research study by Future Market Insights on the automotive control cable market contains global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the automotive control cable market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the ~US$ 2.1 Bn market for automotive control cable will witness a moderate 4% annual rise in the revenues, by 2022 end.

New vehicle model launches, and the spectacular rise in vehicle parc, have been the leading market growth influencers. While gains are majorly driven by the increasing demand for automotive vehicles, government mandates regarding anti-lock braking systems for passenger and commercial vehicles, are identified to remain the key growth determinants for market. This scenario will particularly prevail in developing countries, such as India, China, and Brazil, among others, according to FMI’s analysis.

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The onset of rapid mainstreaming of electric vehicles is rendering a new dimension to the automotive control cable landscape. FMI offers exclusive insights on this, in addition to how companies actively operating in the automotive control cable landscape are focusing on competitive strengths and improved technology, towards the transformation of the auto ancillary industry, since it is a low-volume and highly fragmented sector.

A Stream of Opportunities in South Asia’s Market

Regions such as South Asia and East Asia are projected to generate substantial growth opportunities in the forecast period owing to the rise in the number of vehicle consumers, increasing urban population, sales of automobile, and vehicle parc in these regions. China is one of the prime countries in East Asia, which has a prominent share in the market due to the presence of several automotive control cable manufacturers in the country. The China market is likely to boost the growth of the East Asia automotive control cable market. India and ASEAN countries in South Asia and Pacific are projected to boost the automotive control cable market owing to the rise in disposable income of major population and prominent factors such as urbanization.

The North America market is likely to be one of the prominent markets in the global automotive control cable market due to the increasing vehicle production in the region and demand for automotive control cables by automobile customers enhancing safety features of the vehicle. Moreover, regions such as Latin America and MEA are also expected to witness a healthy CAGR during the forecast period. The report also includes all the major countries in every region. All relevant macroeconomic and forecast factors are considered while studying the automotive control cable market size.

By vehicle type, the compact vehicle type of automotive control cable segment is expected to hold prominent value shares of the global automotive control cable market. This has majorly resulted from the increasing production of compact vehicles and its features such as lower price point, less parking space requirement, etc. On the basis of sales channel, the OEM segment is expected to hold a majority share of the global automotive control cable market value due to more reliability and durable life cycle of automotive control cables.

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Automotive Control Cable Market by Category

By Product Type:

Door Cable
Hood Cable
Transmission Cable
Trunk Cable
Brake Cable
Clutch Cable
Throttle Cable
Fuel Cap Cable

By Coating Material:

PCV cables
Polyethylene

By Vehicle Type:

Compact
Mid-size
Luxury
SUV
LCV
HCV

By Sales Channel:

OEM
Aftermarket

By Region:

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

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Automotive Control Cable Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive control cable market. Few examples of key players in the market are Thai Steel Cable Public Co., Ltd, Minda Corporation Limited, Kongsberg Automotive ASA., Suprajit Engineering Ltd, Ficosa Internacional SA, and Dura Automotive Systems, among others.

The global automotive control cable market is significantly consolidated with some players holding prominent shares of the market. These players have strategic partnerships with car manufactures. For instance, Suprajit Engineering Ltd. collaborated with several car manufactures such as Tata Motors, General Motors (India), BMW, Volkswagen, and Ford India Limited, Suzuki, among others, to provide automotive control cables.

Top Reports Related To Automotive Market Insights

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

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).

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Future Market Insights
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Report: https://www.futuremarketinsights.com/reports/automotive-control-cable-market
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Boat Trailers Market was ~US$ 978.7 Mn in 2022. The boat trailers market is estimated to grow at a healthy CAGR of ~ 4.5% during the forecast period

Future Market Insights (FMI) has released its latest report on the boat trailers market, which includes Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029 and covers the key trends, market success factors, historical market value and volume, factors affecting the market, macroeconomics factors, along with the forecast factors.

FMI has conducted a thorough research on the boat trailers market. The boat trailers market research study estimates that the bunk trailer segment is expected to create significant revenue growth opportunities in the global boat trailers market during the assessment period. The value of the global boat trailers market was ~US$ 978.7 Mn in 2022. The boat trailers market is estimated to grow at a healthy CAGR of ~ 4.5% during the forecast period.

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Increasing Boat Sales for Recreational Activities

The boat trailers market growth is directly correlated with increasing fleet of boat and new sales of boats. With the increase in the growth of marine tourism and water activities, the demand for new boats is expected to rise, which in turn, fuels the sale of boat trailers.

The main advantage offered by the boat trailer is to provide the flexibility for transport boats to various places such as inlets, rivers, lakes, bays, & the sea. There are two types of boat trailers, bunk and roller type trailers, which are used by end users. With the increase in boat parc, the demand for boat trailers also increased as boat trailers provide safety to boats and increases the life of a boat.

Boat trailers also prevent salt water boats from rust formation due to coatings and change of materials. Such features have led to the growth of the global boat trailer market.

Moreover, increasing average life of the boat and growing maintenance and services of boats, increases the sales of boat trailers for old boats. In 2017, more than 10 million boats were registered in the U.S. and this number is estimated to grow with ~ 1% growth rate in the nearby future. With the increase in the U.S. boat fleet, the sales of boat trailers also increases as the U.S. holds ~43% share in the global boat trailer market.

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Global Boat Trailers Market by Category

By Product Type :

Bunk Trailers
Roller Trailers
Hybrid Trailers

By Material Type :

Aluminium
- Single Axel Type
- Triple Axel Type
- Tandem Type
Galvanized Steel
- Single Axel Type
- Triple Axel Type
- Tandem Type

By Load Capacity :

Up to 1,500 kg
1,500 kg- 3,000 kg
3,000 kg- 4,500 kg
More than 4,500 kg

By Region :

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

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Market Attractiveness of the South Asia-East Asia-ASEAN Cluster Surging

In the global boat trailers market, South Asia and East Asia are estimated to grow with high growth rate over the forecast period due to the increasing number of marine tourists and also, increases the sales of boats and boat parc across regions. In East Asia, China is one of the prominent countries and holds a significant share in the market due to the presence of several manufacturers in the country.

China is expected to drive the growth of the East Asia boat trailer market. In South Asia, India and ASEAN countries are estimated to boost the growth of the market due to the increasing disposable income of the middle class population.The North America market is projected to be a prominent market in the global boat trailers market, owing to the high demand and use of boat trailers for personal and commercial applications.

Moreover, Latin America and Middle East & Africa markets are also estimated to grow with healthy CAGR throughout the forecast period. We have also considered the Caribbean region in Latin America. All prominent macroeconomic and forecast factors are included while calculating the boat trailers market size.

Some of the main players involved in the manufacturing of boat trailers included in this study are TRIGANO Group, Boatmate Trailers, Kropf Industrial Inc., Hydrotrans, Balbi Rimorchi Srl, EZ Loader, Shoreland’r, TRACKER, Load Rite, Hostar Marine Transport Systems Inc., Karavan Trailers, HLT Ltd., and Venture Trailers, among others.

Top Reports Related To Automotive Market Insights

Automotive Repair & Maintenance Services Market : Global automotive repair & maintenance services market is forecast to reach a US$ 544.5 Bn in 2021, with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Automotive Glass Market : The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising popularity of electric vehicles.

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Contact

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/boat-trailer-market
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