Market Research Blog – Page 15279 – New Product Development

Motorcycle Side Box Market Size, Share, Growth Trends, and Forecast Analysis to 2028

Motorcycle side box is used as luggage box which is made of fiber, aluminum alloy and other materials. Standard bike riders, who travels the long journey or touring are also installed side box and put necessary luggage in the box. On many stranded bikes three sided box is installed one at carrier and other two install at the right and left of the bikes. . In rural area bike owner makes these boxes by giving orders to a local garage for intending to carry vegetables, water bottle and others. Over the last few years, aftermarket segment is anticipated to gain superior traction in the global market mainly in rural areas owing to increasing consumer demand. On the flip side, cruiser bike’s owner is focused towards the stylish side box with attractive color. Sport bikes, light weight material side box is the primary focus of the leading manufacturer owing weight is plays a crucial role in the overall efficiency of the racing bikes.

The global motorcycle side box market is significantly depends on the sales units of the motorcycle as well as disposal income of customer are the two factors which can hamper the global motorcycle side bag market during the forecast period. Furthermore, increasing taxation on import and export of side box material is also estimated to hinder the global motorcycle box market over the slated time period.

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Motorcycle Side Box Market: Key Participants

The key participants of the global Motorcycle Side Box market are following:

SWAYAM ENTERPRISES
Studds Accessories Ltd.
Wuxi Thai-Racing Trade Co., Ltd
Shankarrao Pawar Seat Corner
Bags & Bike
Kohli Bullet Accessories
EVOC Sports GmbH
Viking Bags
Chongqing Tiger Fortune Co., Ltd.
Heanoo Bags Co., Ltd.

Motorcycle Side Box Market: Segmentation

The global motorcycle side box market can segmented on the basis of Motorcycle Type:

Standard
Cruiser
Moped
Sport
Others

The global motorcycle side box market can be segmented on the basis of Material:

Plastic
Fiber
Aluminum alloy
Others

The global motorcycle side box market can be segmented on the basis of Price:

Low
Medium
Premium

The global motorcycle side box market can be segmented on the basis of Sales Channel:

OEM
Aftermarket

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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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Boat Hook Market is predicted to shape up with a CAGR of 3% to 5% between 2022 to 2032

According to recent study, the global boat hook market is predicted to develop at a CAGR of 3% to 5% between 2021 and 2031.

Increasing boating activities fueled by the increase in use of recreational boats is expected to boost the demand for boat hooks.

What is Driving Demand For Boat Hook

A boat hook is a boating accessory. Its most common use is as a docking and undocking assistance. Although it may resemble a pike pole, it must have a blunt point for undocking and a hook for docking. It may also have a line attached to the opposite end for this purpose, which may be supplied with a ring.

The typical boat hook has received a number of improvements that have increased its utility. Many of them make it simple and safe for boaters to attach a line to a dock cleat, ringed mooring buoy and mooring ring.

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The typical boat hook’s utility will be much increased, and berthing will be greatly simplified. Some systems may be equipped with carbine hooks, which can be used to retrieve things or people from the sea, such as in a man overboard incident.

Recreational boating has become one of the most popular leisure activities throughout the years. Fishing, kayaking, water skiing, canoeing, and other recreational activities are becoming increasingly popular among boat enthusiasts.

Growing interest in marine leisure sports and activities, particularly among younger age groups, is hastening boat adoption. This is expected to propel the demand for boat hooks.

Customers’ disposable money has increased, and their interest in maritime tourism and leisure activities such as sailing, power boating, yachting, and others has increased significantly in recent years. In addition, adventure tourism is rapidly expanding, and cruise adventures are feeling the effects.

Furthermore, many cruise companies are investing in land-based private islands, allowing them to provide clients with exclusive beach time as an add-on to their aboard experience. This will boost the demand for boat hook.

The natural landscapes of countries with a sea/ocean as a boundary attract a large number of international tourists each year, particularly from the affluent class.

These countries are also popular choices for some promotional events and gatherings that require the use of luxury vessels.

Furthermore, favorable government initiatives and water tourism awareness programs aimed at promoting marine tourism are opening up a plethora of potential for the recreational boating sector which in turn is growing the demand.

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US and Canada Demand Outlook of Boat Hook

Retail unit sales of new powerboats grew 4% in 2019, according to the National Marine Manufacturers Association (NMMA), which includes recreational boat, motor, and marine equipment manufacturers across the United States.

Furthermore, the region’s fast increasing tourism industry has resulted in a growth in recreational and leisure boating activities such as boat racing and water sport games, which has bolstered the region’s outlook.

This will boost the demand in North American region.

Europe Boat Hook Sales Outlook

Over the predicted period, Europe is expected to grow at the fastest rate. The regional market is expected to develop because to rising demand for recreational boats in nations such as the United Kingdom, France, Germany, Italy, and Spain.

The area market is expected to rise due to an increase in persons participating in recreational boating activities. In addition, the growing number of recreational boating events and trade exhibits sponsored by manufacturers are aiding the market’s expansion in Europe.

The European boating industry is a vibrant and competitive sector that contributes significantly to the European economy.

Boat builders, engine makers, equipment manufacturers, trade and service providers make up the whole industry, which has around 32,000 enterprises and employs over 280,000 people directly.

These factors are expected to boost the boat hook market.

Who are the key Manufacturers and Suppliers of Boat Hooks

Some of the leading manufacturers and suppliers include

Davis Instruments,
Shurhold Industries,
SwiTec,
Henssgen Hardware,
Samco Sales, Inc.,
Shang Hai Orange Metal Products Co., Ltd.,
DEYUAN MARINE CO., LTD.
, Decorstainless International Co., Ltd.
Zhenjiang Longyear Marine Equipment Co., Ltd.,
Lexco Cable Manufacturers,
Wichard, Inc.,
C. Sherman Johnson Co., Inc.,
Batz Corporation and others.

A number of manufacturers are prioritizing new releases. These companies are also investing in their R&D. Market leaders have been able to increase their business and consumer base as a result of these initiatives.

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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Boat Hook Market Report Highlight:

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)

Railroad Ties Market is projected to exhibit a steady growth of approximately 3% during 2021 to 2031

The automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to face a swift turnaround as the economy starts to stabilize.

Future Market Insights has adopted multi-disciplinary approach to shed light on the evolution of the Railroad Ties Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2020, and key prospects over the forecast period 2021 to 2031.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Railroad Ties Market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Railroad Ties Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

Gross and Janes Corporation
IntegriCo
Nisus Corporation
Peterson Astec Industries Inc.
Vossloh
BRIDGEWELL RESOURCES
Koppers Inc.
Tank Fab
Sannosuke Kobayashi Co. Ltd.
AGICO GROUP
Lankhorst Mouldings
AandK Railroad Materials, Inc.
Austrak Pty Ltd
Others.

Segmentation

The report provides detailed segmentation to give readers in-depth analysis and insights. Deep-level segmentation has been provided for this market based on:

Product Segmentation

The study endeavors to assess the current and future development possibilities, undiscovered roads, factors molding their income potential in the worldwide market by breaking it into segments such as its types, applications, and region-wise assessment.

By Product Type:

Wooden Tie
Steel Tie
Concrete Tie
Others

By Application:

Train
Subway
Others

By Regions Covered

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 excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

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Insights in the Report

Full in-depth analysis of the parent market

The analysts at FMI adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results. The study not only provides estimations and projections but also a clear evaluation of these figures on the market dynamics.

Important changes in market dynamics

The various insights in the study are based on extensive cycles of primary and secondary research the analysts engage with during research. The report covers an in-depth analysis of key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

Queries Solved

What are the size of the overall Railroad Ties Market in the Automotive market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Railroad Ties Market in the Automotive market, and how they are expected to impact the market?
What are the attractive investment opportunities within the Railroad Ties Market in the Automotive market?
What is the Railroad Ties Market in Automotive market size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Railroad Ties Market in the Automotive market?
What are the recent trends in Railroad Ties Market in the Automotive market? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Railroad Ties Market in Automotive market growth?
What are the key market trends impacting the growth of the Railroad Ties Market in the Automotive market?

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Table of Content

Executive Summary
Market Overview
Key Success Factors
Global Railroad Ties Market – Pricing Analysis
Market Background

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Crew boats (Standby Crew Vessels) Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2028

Crew boats or standby crew vessels are ships that are located at an offshore installation for any emergency vigilance. These vessels are also used in defence and marine industry for providing safety and rescue of the crew. The crew boats are arranged and equipped with many rescue equipment so that it is capable of retrieving people from the water/vessels/offshore rig and provide them proper first aid and also provide temporarily accommodation for everyone from drilling ship or offshore installation. There are different types of crew boats, depending on three parameters, length, speed and hull form (monohull and multiple hull). Depending on crew boats size and trade area, these boats are comply with different type of provisions. Standby crew vessels or crew boats must have a satisfactory ability to maneuver, position itself and navigation to carry out the intended tasks. Moreover, a crew boat or standby crew vessel has either single propeller or multi-propeller propulsion system depending on the type of crew boat and task.

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Crew boats Market: Dynamics

The primary factor responsible for driving the crew boats market is growth witnessed in maritime transport or seaborne trade wherein large volume of goods take it to the sea for transportation purposes. The shipbuilding industry is also on the rise around the globe which thereby contributes to the growth of the crew boats market in the forecast period. The crew boats market is also aided by the growth witnessed in the offshore oil & gas industry wherein rig staff travel from rig to their stay locations and also provide emergency vigilance to offshore rigs. Moreover, the growth in the marine industry such as fishing and other commercial purpose the demand for these crew boats are also increasing which in turn boost the growth of crew boats market. Marine tourism is also another area which has grown considerably over the past few years especially in the Mediterranean and Asia Pacific region prompting higher requirements of standby crew vessels for safety purpose which thereby helps in the overall growth of the crew boats market.

Though the manufacturers of crew boats do not fall under the category of large revenue generating players, they are keen in continuously developing the product to improve its lifespan, passenger holding capacity and reliability. Shortcomings noticed in product differentiation within the major players has led to the development and various innovations such as large capacity, advanced passenger rescue system or equipment

Crew boats Market: Regional Overview

South East Asia & Pacific and China are expected to remain the most attractive regions in the global Crew boats Market. These regions has high demand for Crew boats which is driven by the demand from the ship building industries and offshore oil & gas industry. However, in terms of production Europe and North America is expected to hold major share of the Crew boats market. Where the North American market is also anticipated for a positive growth due to tighter regulations placed around the mandatory instalment of such rescue ships and also due to increase in offshore activities. Moreover, Latin America is also estimated to grow with significant growth rate over the forecast period, owing to improve in logistic and marine industry in the region.

Crew boats Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Crew boats market includes:

Seacor Marine Llc
Hamiltonjet
Stanford Marine Group
Société Chantiers Allais
Scruton Marine
Seatran Marine, Llc
Southern Marine Services, Inc.
Blount Boats

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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Body In White Market Size, Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2028

Body in white refers to the phase during automotive manufacturing when the automotive body components/frameworks of the automotive structure are joined together with the help of different techniques, such as riveting, welding, laser brazing, bonding and clinching. Body in white is a term used to refer to the structure before chassis sub-assemblies, engine and trim have been assembled in the frame of the automobile. The trim assembly includes electronics, upholstery, seats, door locks/handles and glasses. Body in white of the automobile is made from a material that has sufficient mechanical strength to bear the weight of frames and components and provides a rigid and stable platform for the suspension to have efficient control over the vehicle. It also enables the passenger module to better protect the occupants in the event of a collision. In the recent years, the manufacturers have been compelled to decrease the weight of the automobile frame to bring down the overall weight of the automobile. This move will eventually decrease carbon emission below the acceptable limit. Moreover, it will also lead to increase in efficiency of the vehicle. So R&D is being carried out in this field for the development of a more efficient and lighter body in white structure with optimum strength and flexibility.

Body in White Market: Market Dynamics

The main factors behind the growth of the body in white market are the growth in production and expansion in the automobile sector across the globe. R&D is being done on Body in white material to optimize its strength as well as decrease the weight of the vehicle and increase its efficiency. Also, growing focus of automobile manufacturers on vehicle weight reduction without compromising its quality and work is expected to increase the demand for body in white made from lighter materials. Apart from this, the body in white is an integral structure for all automobiles and hence, the development of automobile sector will also add to the growth of the global body in white market.

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Body in White Market: Regional Outlook

Europe holds a major share in the global body in white market owing to the presence of prominent OEM players in this region and is followed by North America. However, Asia Pacific is expected to show significant growth during the forecast period owing to increase in per capita income of countries in this region and much less concentration of vehicles as compared to North America and Europe. Also, government initiatives in countries, such as India and China, will promote manufacturing and also contribute to the growth of this market. Europe, North America and the Asia Pacific regions are expected to hold more than half of the total share in the global Body in white market. Rest of the world is estimated to account for a relatively small share in the Body in white market.

Body in White Market: Market Participants

Examples of some of the market participants operating across the value chain of the global Body in white Market are:

Gestamp Automoción
KIRCHHOFF Automotive GmbH
AKKA Technologies
Magna International Inc.
Martinrea International Inc.
BENTELER International AG
voestalpine Automotive Components Cartersville Inc.
Plastic Omnium Co.

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

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Automotive Black boxes Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2028

Automotive Black boxes a.k.a Event Data Recorder (EDR) are an essential tool for investigating the driver movements in case of collision/ accident. These smart units usually record the driver actions 5-10 seconds before the airbags are triggered. Black boxes in vehicles are normally out of sight as they are installed either beneath the seat or on the dashboard. These devices record not only events and movements of the driver but also the speed, braking, turning and whether the seat belt is put on or not plus the other driving parameters. The automotive black boxes are triggered by the sensors upon sudden braking or left/right turns made by the driver while driving.Get Sample of the Report : https://www.futuremarketinsights.com/reports/sample/rep-gb-6440

The automotive black boxes are essential tools used by the police and insurance companies to investigate accidents. This helps the investigating authorities to know the exact cause of the accident and the conclusion if the driver needs to be incriminated for the same. The black boxes are useful in case the driver is not in fault.

They ensure faster insurance claims thus benefitting the car owners. There are two types of black boxes in the market. One is the standard version that is normally installed on dashboard or beneath the driver seat and the other one is known as video data event recorder which is usually installed on the wind shield. This type of black box records the actions of the driver in real time along with the other parameters plus GPS location and the direction in which the vehicle was moving.

Automotive Black boxes Market: Dynamics

Automotive Black boxes mostly preferred by the fleet owners such as cab companies, ambulances, logistic trucks, commute buses and trains. The concept of black box in automobiles has been introduced because of rise in number of land accidents as compared to the ones in air. This has been a driving factor for the automotive black boxes market. In addition to this, the black boxes are being suggested by the insurance companies to support the claims. Plus, the stringent government regulations in may developed countries have made it compulsory for the manufacturers to install a black box in the automobiles they manufacture. This has certainly been a driver for the automotive black boxes market.

The new trend seen in the automotive black boxes market is installing both the type of EDRs i.e. the standard version as well as the video mount EDR. This is so as to accumulate accurate data from the black boxes in case of accidents and claims. Although they are important tool for acquiring the vehicle’s data, they have been interrupting the privacies of drivers and the end users are not happy with this. Therefore, this can be recorded as the only hindrance for the automotive black boxes market although it doesn’t assert much impact.

Automotive Black boxes Market: Regional Outlook

Most of the Automotive Black boxes market is majorly concentrated in the developed regions like Europe, U.S, Canada, Japan, Australia and New Zealand. Although with more number of land accidents witnessed every year, the market is slow paced in the developing countries like China, ASEAN and Latin America. India and parts of MEA are anticipated to be slow adopters of the Automotive Black boxes market. This is due to lack of awareness and the privacy concerns of the users in these regions.

Automotive Black boxes Market: Key Players

Examples of some of the market participants identified across the value chain of the Automotive Black boxes Market are:

Car Black Box
[x]cube LABS.
Auto BlackBox Pty Ltd
BlackVue
EGENs Inc.
Bosch Automotive Service Solutions Inc.
Duvonn Electronic Technology Co., Ltd
Shenzhen Newsmy Technology Co. Ltd
Subaru
Kia
Hyundai

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

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The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Automotive Black boxes Market: Segmentation

On the basis of installation, the Global Automotive Black boxes Market can be segmented into:

Under-the-seat Black Boxes
Dashboard Black Boxes
Windshield Mounted Black Boxes

On the basis of type, the Global Automotive Black boxes Market can be segmented into:

Event Data Recorder
Video Event Data Recorder (Dash Cam)

On the basis of End Users, the Global Automotive Black boxes Market can be segmented into:

Fleet Owners
Commute Buses
Logistic Trucks
Trains

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)

Vehicle Electrification Market Overview by Top Players, Segments, Demand and Forecast till 2025

The vehicle electrification market is expected to grow significantly in the forthcoming years owing to the inclination of automotive and automobile manufacturers towards the electrified vehicles and the growing emphasis given to environment-friendly alternatives in the automobiles. Vehicle electrification is being adopted by various key players in the automobile industry such as Toyota. The vehicle electrification market is seeing innovations by Toyota, while they harness the benefits associated with vehicle electrification to support their sustainability initiatives for which they aim to promote the sales of their electrified vehicles in the coming decade. Commercialization of electrified vehicles by major players is expected to nurture the growth opportunities of the vehicle electrification market.

Moreover, the initiatives taken by the automotive players such as the Renault Group and Bosch for implementing vehicle electrification, transforming the public transport with vehicle electrification, and aiming to add electrified vehicles to their product portfolio in the future are further expected to open new doorways for the automobile manufacturers. In line with sustainable commutate facilities, vehicle electrification allows both, the vehicle manufacturers and end users to benefit from it and transform how transport has been looked at, further contributing to the expansion of the vehicle electrification market.

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Electrification of a vehicle is considered as one of the best way to reduce carbon emission, increase vehicle efficiency and reduce dependency over oil. Vehicle electrification generates new opportunities for consumer engagement along with various environmental and economic benefits. We can replace various hydraulic or mechanical systems with electric systems: hydraulic power steering with electric power steering and mechanical or hydraulic pumps with electric pumps. The air conditioner in a vehicle can

Vehicle Electrification Market: Drivers & Restraints

Increasing prices of conventional fuels, growth in the sales of electric vehicles will enhance the growth of vehicle electrification. Growing demand for fuel efficient vehicles, stringent emission norm along with increasing environmental awareness among the consumer are also expected to fuel the growth of vehicle electrification market. Governments of various countries such as US are actively supporting vehicle electrification by providing tax exemption and subsidies.

Vehicle Electrification Market: Region – Wise Outlook

Asia – Pacific region owing to the fast growing automotive industry in developing countries such as India, China and South Korea is expected to show a significant growth in the vehicle electrification market. Strict laws in Western & Eastern Europe for vehicle efficiency will drive the vehicle electrification market in this region. North America is also anticipated to a moderate growth with credits to the strong fuel efficiency norms and support from government in the region. With rapid technological advancement and growing automobile industry, vehicle electrification market is expected to increase at a double CAGR during the forecast period.

Vehicle Electrification Market: Key Players

Some of the players in the market we identified includes, Continental AG, Robert Bosch GmbH., TRW Automotive Holdings Corp., Denso Corporation, (Japan), Nexteer Automotive, JTEKT Corporation, Mitsubishi Electric Corporation, Mando Corp., Borgwarner Inc. and ZF Friedrichshafen AG.

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Automotive Conversion Kit Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2026

OEMs and manufacturers in the automotive industry are gradually shifting their focus towards vehicle modification, wherein they can customize the vehicle as according to the customer requirement and desires, instead of purchasing new vehicles. Making use of automotive conversion kits proves to be more economical for customers, as they can fulfill their required need by modification. This trend of customization is further expected to gain traction over the forecast period and drive the need for automotive conversion kit among end users. The global automotive conversion kit market is forecast to grow at a healthy rate over the forecast period primarily due to the growing automobile production globally

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 Conversion Kit 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 Conversion Kit 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 Conversion Kit market.

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

Why Choose Future Market Insights

Detailed analysis with a simplified format
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Automotive Conversion Kit Market: Segmentation

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

The Automotive conversion kit market cab be segmented on the basis of application, vehicle types and Regions wise. On the basis of application, automotive conversion kit can be segmented into Power conversion kit, Brakes conversion kit, Lights conversion kit, Locking system conversion kit, steering conversion kit and Energy saving conversion kit. Power conversion kit can further sub-segmented into diesel, propane, CNG, electric batteries and hydrogen. Brakes conversion kit can be further sub-segmented into Drum brakes and Disk brakes which can be further categories into rear brakes and front brakes. Light conversion kit can be sub-segmented into halogen, xenon, LED and laser which can further be categories into head light and tail light. On the basis of region, it can be segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.

Automotive Conversion Kit Market: Competitive Analysis

The report on the Automotive Conversion Kit market report offers a detailed analysis of some of the leading players operating in the market. It examines the impact of key strategies adopted by the market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

Key players covered in the report include:

Stark Automotive, Hidlook, SkyCNG, Nash Fuel, Inc., Canadian Electric Vehicles Ltd., EuropeGAS and Unitex Gas Equipment.

Critical Questions Answered in the Report

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

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Tire Pressure Monitoring Systems Market Emerging Growth Analysis, Future Demand and Business Opportunities 2030

Tires provide the basis for comfortable, safe and fuel efficient driving, if they are maintained properly. It seems simple but without a tire pressure monitoring systems (TPMS), drivers take tires for granted which results into damages and accidents. It is estimated that properly maintained air pressure in the tires can reduce the number of accidents caused by the speed and poor condition of tyres by almost 20%.

With demonstrated technology to successfully monitor tire pressure and caution drivers of problems, regulations have emerged in basically every region to require carmakers to have TPMS in almost every type of vehicle. TPMS is an electronic system intended to note the air pressure inside the tires of every type of vehicles. TPMS gives the real time information to the driver of the vehicle through a pictogram display. In recent scenario, automotive safety systems have become advanced, sophisticated and efficient. Increasing adoption rate for automotive safety systems such as TPMS has reduced the number of accidents and lowers the impact of accidents on people.

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Tire Pressure Monitoring Systems Market: Drivers & Restraints

The main factors driving the demand for automotive TPMS are strict safety norms, increasing health and safety awareness among consumers, technology advancement and high disposable income. Agencies such as New Car Assessment Program (NCAP) are also encouraging manufacturers by awarding safety ratings to cars based on safety performance. Growth in automotive safety systems market such as TPMS is largely driven by strict legislation and norms related to safety. Safety systems such as TPMS is obligatory in developed countries, while legislation in developing countries are creating higher growth opportunities.Although the overall automotive active safety systems market is growing significantly, challenges such as lack of standardization and high prices of TPMS is hindering the growth for TPMS market.Test conducted by one of the leading tire and rubber company have shown that almost 15% under-inflation tires can result an 8% drop in expected tire life and 2.5% decrease in fuel efficiency.

Tire Pressure Monitoring Systems Market: Segmentation

On the basis of vehicle type, the global automotive tire pressure monitoring systems market is segmented into,

Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Passenger Vehicle

On the basis of technology, the global automotive tire pressure monitoring systems market is segmented into

Direct TPMS
Indirect TPMS

On the basis of channel type, the global tire pressure systems market is segmented into

OEM
Aftermarket

Global Tire Pressure Monitoring Systems Market: Region-wise Outlook

In terms of geography, the global tire pressure monitoring system market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan.The global TPMS market is expected to register healthy CAGR during the forecast period. North America is the largest market for TPMS followed by Europe and Asia Pacific. Increasing demand for luxury vehicles in regions like Europe and Asia Pacific, mainly in developing economies such as China and India is driving the TPMS market. Factors such as adoption of safety regulations by government agencies along with an increase in vehicle sales and safety installations per vehicle, are fuelling the demand for automotive TPMS globally.

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Tire Pressure Monitoring Systems Market: Key Players

Some of the market participants in the global TPMS systems market are Schrader Electronics, TRW Automotive, AVE technologies, Bartec USA LLC and General Electric.

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Nontuberculous Mycobacterium Treatment Market Size 2021 Growth Share, Industry Dynamics, Top Trends and Regional Analysis Forecast 2022 to 2031

Nontuberculous Mycobacterium Treatment Market OverviewAccording to the latest research by Future Market Insights, the nontuberculous mycobacterium treatment market will witness growth during 2021-2031. These are the non-motile, acid fast bacilli which are mostly seen soil and water.

According to CDC, NTM has the ability to affect certain group of people which have underlying lung diseases or are immunocompromised. The market is expected to grow due to the rising ageing population, chronic disorders and rising R&D. Globally there are on an average 7m cases of NTM which opens the window for expansion of the market in the given forecast period.

What is driving Demand for Nontuberculous Mycobacterium Treatment Market?The demand for Nontuberculous Mycobacterium treatment market has seen at a higher rate at a global level as there has increase in the number of chronic disease. Aging population, immunocompromised patients, and lifestyle can also be reasons to drive the market demand.

Furthermore, Pharma companies are involving in manufacturing nontuberculous mycobacterium antibiotics as the disease population strikes a growth globally. Pharma companies including RedHill Biopharma, Insmed Incorporated, Novoteris, Beyond Air, Savara, and others are exploring novel therapeutic approaches to treat nontuberculous mycobacterium infection.

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The launch of emerging therapies in the nontuberculous mycobacterium infection pipeline including Thiolanox, RHB-204, Molgradex, Nitric Oxide, and Arikayce is expected to add value to the present nontuberculous mycobacterial infection during the forecast period. Of the emerging therapies, the most anticipated therapy in the nontuberculous mycobacterium infections market to get launched is, Insmed Incorporated launch Arikayce, an aminoglycoside for the treatment of NTM infection which was approved by FDA.

U.S. Nontuberculous Mycobacterium Treatment Market OutlookU.S. is said to be the most dominating in terms of disease growth rate and will be the top one to boost the nontuberculous mycobacterium treatment market. The prevalence rate in infection of nontuberculous mycobacterium is at a higher side in the U.S.

This is due to the rising number of malignant diseases leading to immunocompromisation. In addition, rising R&D and technological advancement in the region are some of the drivers of nontuberculous mycobacterium treatment market.

Europe Demand Outlook for Nontuberculous Mycobacterium Treatment MarketThe European market Germany and Italy is said to take hike in the market growth. There are many opportunities in this market as people consider treatments with short span, and effective. Healthcare department spending will lead the growth of the market. European medicines Agency has now up to the orphan drug i.e. they are marketing their ARIKACE which a is an inhalation drug in treating nontuberculous Mycobacterium.

EU issues such drugs so as to treat the life threatening diseases or Chronic in nature. Akrikace is set to market globally in the near future. European medicines Agency has shown a great initiation in marketing the product which is of great help for the population.

Who are the Key Manufacturers and Suppliers of Nontuberculous Mycobacterium treatment market.Some of the key players operating in the Nontuberculous Mycobacterium Treatment Market are

Insmed Incorporated,
RedHill Biopharma,
Novoteris,
Savara,
Beyond Air

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Nontuberculous Mycobacterium Treatment 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

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segment

By Drug Type:

Clarithromycin
Azithromycin
Rifampin
Rifabutin
Ethambutol
Streptomycin
Amikacin.

By End User:

Hospitals Pharmacies
Private clinics
Drug stores and retail pharmacy
E-commerce

By Region:

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

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