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The automotive fasteners market demand is anticipated to obtain growth at an average CAGR of 6% and is forecasted to reach a valuation of USD 47,174.7 Million by 2032, while it holds a revenue of USD 26,342.1 Million in 2022.

Future growth in the market for automotive fasteners is anticipated, driven by rising global car production and the move towards lightweight and electrified vehicles.

Automotive fasteners are used to firmly hold pieces together in a variety of vehicle components, such as the engine, gearbox, suspension, and body. To ensure the security and longevity of a vehicle, high-quality fasteners must be used.

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The rising manufacturing of vehicles around the world, particularly in developing nations like China, India, and Brazil, is anticipated to be the primary factor driving the development in demand for automotive fasteners. Further driving the need for automotive fasteners is anticipated to be the trend towards lightweight automobiles, which call for more sophisticated and lightweight fasteners.

Given that electric vehicles have different engineering needs from conventional internal combustion engine vehicles, the growing adoption of these vehicles is also anticipated to increase demand for automotive fasteners.

The demand for automotive fasteners is also anticipated to increase due to the creation of novel materials and better coatings for fasteners that offer enhanced corrosion resistance and durability.

Key Takeaways from Market Study

• Europe holds the biggest market space for the automotive fasteners market and is anticipated to hold its ground during the forecast period, with 26% of the share attributed to the sales of commercial vehicles such as passenger cars and electric buses.
• North America has the second largest space in the global automotive fasteners market, while its growth is owing to advancements in electric vehicle and their higher adoption with a 16% global share.
• The automobile companies such as General Motors and Ford are making the USA a significant country in the region of North America.

 “The future for the market looks promising for lightweight vehicle adoption that use lighter automotive components in vehicles including automotive fasteners. These fasteners increase the performance of vehicles such as lightweight parts, and fuel efficiency. The rise of electronic vehicles has also pushed the demand for automotive fasteners that require fitting ensuring the use of sustainable and environmentally friendly electric vehicles. The technical developments to enhance the quality and durability of the automotive components and products. ” says a Future Market Insights analyst while discussing the future of the market.

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Competitive Landscape:

The automotive fasteners market is fragmented by the key players that help to develop the market all around the globe during the forecast period. These players are showing their efforts and focus on increasing the automotive fasteners’ market share. The key players are using various tricks and marketing terms to acquire the lion’s share in the automotive fasteners market size.

Key Companies Profiled

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

Key Segments in The Automotive Fasteners Market

By Material:

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

By Characteristics:

• Removable
• Semi-permanent
• Permanent

By Types:

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

By Coating:

• Passivated coating
• Cadmium coating
• Dry film lube coating

By Distribution Channel:

• OEM (Original Equipment Manufacturers)
• Aftermarket

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Recent Market Development

• The Amphenol Corporation and Illinois Tool Works companies announced an agreement that ITW acquire the MTS corporation system test with the closing of the acquisition of Amphenol.
• Atotech Deutschland GmbH has announced the acquisition of J-KEM International (“J-KEM”) company, which is based in Rosersberg, Sweden. J-KEM is a leading global supplier of high-quality chemical products and processes that are used for the printed circuit board and general metal finishing industries. J-KEM’s customer relationships and strong technology have helped Atotech to expand its market and drive its growth soon.
• Bulten AB launched its new industry in China to increase the supply chain. The company is likely to develop in-house forming, surface treatment, and heat treatment processes to produce high-quality fasteners in the country.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The spear phishing solution market is estimated to expand at a CAGR of 9.3% from 2022 to 2032. The spear phishing solution market share will grow from its current valuation of US$ 36,480.8 Million in the year 2022 to a net worth of US$ 89,077.2 Million by 2032, according to this prediction.

The market for spear phishing solutions is expanding globally as companies become more dependent on online platforms and see the advantages of data loss protection, spam filtering, and email archiving.

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Global Spear Phishing Solution Market: Drivers and Challenges 

With the rising adoption of cloud email solutions and BYOD policy, there is an increase in need for spear phishing solutions. This factor is expected to fuel the demand for spear phishing solution in the coming years. Digitization in services and solution in the banking, financial and insurance industry and various other industry is expected to encourage adoption of spear phishing solution during the forecast period. 

With the increasing awareness about the information hackers and data breaching, the adoption of spear phishing solutions is expected to impact the global spear phishing solution market positively. 

The challenges faced by the solution providers in the global spear phishing solution market is the new threats and updated complex technology which are installed by the organizations that are challenging to be secured completely.

Global Spear Phishing Solution Market: Regional Outlook 

On the basis of regions, global spear phishing solution market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. 

North America accounts for largest market share in the global spear phishing solution market owing to the advanced technology and easy adoption in the countries such as the U.S. The digitization in the industrial and manufacturing sectors are offering lucrative growth opportunities for regions such as Western Europe spear phishing solution market. 

Asia Pacific excluding Japan is expected to have maximum potential for the revenue growth of global spear phishing solution market during the forecast period. Latin America, Middle East and Africa, Eastern Europe are among the regions which are expected to witness positive growth during the forecast period.

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Key Segments in the Spear Phishing Solution Market

By Component Type:

Services

• Professional Services
• Managed Services

Solution

• Cloud based
• On-premises
• Hybrid

By Enterprise:

• Small Enterprise
• Medium Enterprise
• Large Enterprise

By End User:

• BFSI
• Retail
• Healthcare
• Transportation and Logistics
• Media and Entertainment
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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The global solid state lighting system market is expected to generate approximately US$ 89,077.2 million by 2032, up from US$ 36,480.8 million in 2022, with a CAGR of 9.3% over the forecast period.

Solid-state lighting (SSL) are the type of lighting which features semiconductor light-emitting diodes (LEDs), polymer light-emitting diodes (PLED) or organic light-emitting diodes (OLED), as sources of lighting instead of plasma i.e. used in arc lamps such as fluorescent lamps, electrical filaments, , or gas. Solid state lighting system has the potential to reduce lighting energy consumption globally, as they are ten times more efficient than incandescent lighting and twice as efficient as fluorescent lighting.

Some other features which attract consumers for adoption of solid state lighting systems include low power consumption, ability to withstand strong vibrations, no mercury content, no or minimum UV and IR radiation, ultra-long source life and digital controllability. Increasing application of solid state lighting systems in automobiles is a factor that is expected to drive the growth in the coming years.

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Global Solid State Lighting System Market: Drivers and Challenges 

Standard regulations and increasing awareness among the population about the key features of solid state lighting systems are the factors expected to encourage the adoption of solid state lighting globally impacting positively to the global solid state lighting systems market during the forecast period. The innovative new products are compact and have interchangeable modules that addresses few of the barriers to widespread adoption of LED technology that includes precise current and heat management and the necessary optical design for superior illumination.

The unique format allows lighting fixture OEMs to convert their current fixture designs for LEDs and be ready for future LED technology advances. Smart lighting systems, both outdoors in public spaces such as roads and parking lots and indoors in office buildings and warehouses, are essential in moving forward and in which solid state lighting systems is playing a prime role.

With increasing number of offering in the lighting space and rising number of local players in the market it is becoming a challenge for the vendors to offer lighting solutions for the customer at a competitive price featuring all the advanced technologies in it.

Global Solid State Lighting System Market: Regional Outlook 

On the basis of regions, global solid state lighting system market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

Asia Pacific is likely to continue its lead position over the forecast period. The growth of this regional market is largely fuelled by economic development in China, India, and Indonesia. The continuous penetration of consumer electronics is among the key factors for the healthy pace of growth of the Asia Pacific market. North America holds a notable share in the market as it is home to several key vendors for solid state lighting.

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Global Solid State Lighting System Market: Competition Landscape 

Some of the key players for solid state lighting system market are General Electric Company, Osram Licht AG, Seoul Semiconductor Co., Ltd., Intematix Corporation, Bridgelux, Inc., Cree, Inc., Acuity Brands Lighting, Inc., Advanced Lighting Technologies, Inc., Energy Focus, Inc., LED Engin, Inc., Toyoda Gosei Co., Ltd., TCP International Holdings Ltd., Aixtron Se, Samsung Electronics Co. Ltd., Panasonic Corporation, Mitsubishi Electric Corporation, Eaton Corporation, NICHIA Corporation, Koninklijke Philips N.V., and Applied Materials Inc., and Bright Light Systems

Key Segments Profiled In The Solid State Lighting System Market Survey

By Technology:

• LEDs
• High Intensity Discharge (HID) Lighting
• Others

By Application:

• General Lighting
• Automotive Lighting
• Others

By Sector:

• Residential
• Commercial
• Industrial
• Outdoor
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2.Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
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The net worth of the railway draft gears market size is expected to increase from US$ 2,083.8 Million in 2023 to more than US$ 3,236.1 Million by 2033. From 2023 to 2033, the market for railway draft gears is projected to grow at a modest CAGR of 4.5%.

The market will likely be stimulated by continuous investments in railway line projects and the expansion of train networks around the world. It is optimistic for the market’s future growth as a number of domestic and international railway projects are currently in the planning, development, or building stages.

In the industry that manufactures railway equipment, there is a considerable demand for railway draught gears. The main cause of this rise in demand is the growing price of petrol on a global scale. As a result, railroads now represent a larger share of freight transportation than do autos. Long-term contracts and leases with significant railway firms serve as the sole sources of income in this particular business.

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The expansion of a technologically advanced and open world has increased IoT utilisation in the railway sector. During the projection period, the market expansion will be driven by the fast use of IoT and safety in the rail industry.

As electrified network train lines are increased and metro project development rises, OEMs will have more opportunities to expand their revenue streams and global presence. Increasing investments in rail infrastructure and the construction of rail networks in densely populated areas are just two examples of the causes that will encourage the expansion of the railway draught gears sector.

Over the anticipated period, North America will have the largest share of the market. The Association of American Railroads claims that the United States has a world-class freight rail network, which is the cornerstone of the economy of the nation. The region’s analysed market is being driven primarily by increasing consumer demand, enhanced passenger safety measures, and technical as well as operational advancements.

KEY TAKEAWAYS

• The Chinese railway draft gears market is likely to rise at a CAGR of 3%over the forecast period.
• Over the forecast period, the German railway draft gears market is expected to have a market share of 4%.
• The US railway draft gears market is estimated to possess a market share of 3%. 
• The Japanese railway draft gear market is expected to secure a market share of 3%
• Over the forecast period, the freight wagon segment is projected to hold a market share of 4%.

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COMPETITIVE LANDSCAPE

In the railway draft gears market, key players and innovative vendors include Amsted Rail, Oleo, Sigra, Titagarh, Wulf’s Custom Welding, Hydra-Tech International, LAF, Zhuzhou Times New Material Technology(TMT), Salco Products, CRRC, IPS, TESCO, PowerRail and others.

These companies have used a variety of tactics to enhance their market share for railway draft gears. To increase their client base and revenue, they have used both organic and inorganic growth techniques, including new product launches, acquisitions, corporate expansions, and collaborations.

RECENT DEVELOPMENTS

• In October 2021, to facilitate the design and performance of rail components, Wabtec Corporation, a leading technology provider for the freight and transit rail industries, established a top-tier international engineering lab in Bengaluru, India. The new structure increases Wabtec’s technological capabilities and houses the business’s largest lab in India.
• In February 2019, GE completed the first phase of its merging with Wabtec in return for USD 2.9 million in cash and Wabtec non-voting convertible preference shares.

Key Segments in the Railway Draft Gears Market

By Rail Type:

• Locomotive
• DMUs
• EMUs
• Freight Wagon
• Others

By Sales:

• OEMs
• Aftermarket

By Region:

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

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Bottle Sealing Wax market is expected to grow at a healthy CAGR during the forecast period (2017-2027). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Bottle Sealing Wax in the coming 10-years.

The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

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The advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Wafer-Level Packaging

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Bottle Sealing Wax market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Bottle Sealing Wax Market Takeaways and Projections

• The U.S. is expected to lead the North America Bottle Sealing Wax market, projecting the fastest growth in the region between 2017 and 2027
• Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
• India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2027.

Report Benefits & Key Questions Answered

• Bottle Sealing Wax Historical Market Analysis: The detailed survey by FMI, examines key factors in the Bottle Sealing Wax market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Bottle Sealing Wax market for the forecast period 2017-2027.
• Bottle Sealing Wax Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Bottle Sealing Wax for the assessment period. As per the study, the demand for Bottle Sealing Wax will grow at a robust CAGR between 2017 and 2027.
• Bottle Sealing Wax Market Trend Analysis: The latest study by FMI on the Bottle Sealing Wax market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

 Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest of Latin America)
• Europe (EU5 Countries, Nordic countries, BENELUX, Poland, Russia, Rest of Europe)
• APAC (China, India, ASEAN, Australia & New Zealand, Japan)
• MEA (GCC Countries, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

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On the basis of product type, the global bottle sealing wax market is segmented into

• beads
• bricks

On the basis of packaging type, the global bottle sealing wax market is segmented into

• manual sealing
• machine sealing

On the basis of end use, the global bottle sealing wax market is segmented into

• alcoholic beverages
• beauty care products

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global High Abuse Shrink Bags market is expected to grow at a healthy CAGR during the forecast period (2017-2027). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of High Abuse Shrink Bags in the coming 10-years.

The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

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The advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Wafer-Level Packaging

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for High Abuse Shrink Bags market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key High Abuse Shrink Bags Market Takeaways and Projections

• The U.S. is expected to lead the North America High Abuse Shrink Bags market, projecting the fastest growth in the region between 2017 and 2027
• Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
• India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2027.

Report Benefits & Key Questions Answered

• High Abuse Shrink Bags Historical Market Analysis: The detailed survey by FMI, examines key factors in the High Abuse Shrink Bags market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the High Abuse Shrink Bags market for the forecast period 2017-2027.
• High Abuse Shrink Bags Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for High Abuse Shrink Bags for the assessment period. As per the study, the demand for High Abuse Shrink Bags will grow at a robust CAGR between 2017 and 2027.
• High Abuse Shrink Bags Market Trend Analysis: The latest study by FMI on the High Abuse Shrink Bags market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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High Abuse Shrink Bags Market: Segmentation

On the basis of material type, the global high abuse shrink bags market is segmented into

Ethylene Vinyl Alcohol (EVOH)
Ethylene-Vinyl Acetate (EVA)
Polyolefin
Polyethylene (PE)
Polypropylene (PP)
Polyester (PET)
Polyamide (PA)
Polyvinylidene chloride (PVDC)

On the basis of application type, the global high abuse shrink bags market is segmented into

Fresh Meat
Frozen Fish and Sea Food
Non gassing Cheese
Non-ripening cheese
Others

On the basis of meat type, the global high abuse shrink bags market is segmented into

Beef
Veal
Lamb
Pork
Others

High Abuse Shrink Bags Market: Key Players

Some of the key players in the global high abuse shrink bags market includes Bemis Krehalon UK Ltd., Flexopack, Krehalon Industries B.V., EPACKAGING LLC., TDI PACKSYS LLC, Apex Packaging Corporation, Printpack, Fortune Plastics, Novolex, and Berry Plastics Group Incorporated, Fuji Seal International Incorporated, Inteplast Group Limited and many more.

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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The global automotive seating systems market stands at US$ 65.46 Billion as of now and is expected to reach US$ 88.8 Billion by the year 2032 at a CAGR of 3.10% between 2022 and 2032.

Future demand for lightweight seats is anticipated to rise at an alarming rate due to the apparent growth of the automotive industry. Bench seats are increasingly in demand for both passenger automobiles and commercial vehicles.

According to a survey conducted by the Victoria Transport Policy Institute (VTPI), carpooling accounts for more than 70% of all autonomous vehicle use. The remaining 30% must be privately held.

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However, it should be mentioned that these car seats require significant financial outlays. It is true that seats make up nearly 5% of the total cost of the vehicle. Better comfort is provided by climate-controlled, vented, massage, heated, and powered seats, but they are highly expensive. Additionally, there will always be a restricted selection of raw materials and a challenging production procedure. In the coming years, the automobile seating systems industry will undoubtedly be constrained by these reasons. In its most recent industry analysis, named “Automotive Seating Systems Market,” Future Market Insights has provided insights that cut through these realities.

Key Takeaways from Automotive Seating Systems Market

• The Asia-Pacific holds the largest market share with South Korea, Japan, China, and India leading from the front. This could be credited to the rising demand for cost-effective vehicles owing to shifts in the behavior of customers amidst the pandemic as well as post-pandemic.
• North America and Europe are going steady with respect to automotive seating systems market and the scenario is expected to remain the same even going forward.
• Climate-controlled seat technology is expected to be the cornerstone of automotive seating systems market in the forecast period.

“Emerging economies are subject to an increasing adoption of electric and hybrid vehicles, which, in turn, are bound to take the automotive seating systems market by storm in the upcoming period”, says an analyst from Future Market Insights.

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Competitive Seating Systems Market

• Adient plc started with integration of Cardyon (chemical made by making use of Covestro’s CO₂ technology) as one of the sustainable feedstocks for producing foam. This sustainability milestone pertaining to supply chain does help in reducing the company’s scope 3 emissions (as formulated by Greenhouse Gas Protocol).
• Toyota Boshoku, in May 2021, came forward with cabin space providing multimodal stimulus of senses at the time of autonomous driving for revitalizing the occupants with siesta along with waking them up with utmost comfort.
• Lear Corporation, in August 2020, came up with novel solution in ‘intelligent seating’, INTU Thermal Comfort with ClimateSense technology. It has been developed on collaborating with Gentherm. The major objective is that of creating conducive climate via intelligent software by making use of ambient cabin conditions.
• Hyundai Transys and Brose Fahrzeugteile, in December 2021, inked a JDA (Joint Development Agreement) for developing future-oriented car seats. This development would be emphasizing on lightweight and ultra-slim seats, stabilized seat structure, and seats for driverless cars.
• RECARO Automotive, in June 2021, expanded the partnership with IMSA (International Motor Sports Association) for focusing on advantages of the former’s seating technology to a wider audience, within IMSA paddock, motorsport enthusiasts, and IMSA fans.
• Toyota Boshaku Corporation, in January 2022, developed interior components and seats featured in LEXUS NX. The features include electric retraction mechanism and enhanced cushioning by dividing body pressure around buttocks.
• Faurecia, in September 2021, developed the ultra-low CO₂ seat structures as per collaboration with SSAB as the supplier of fossil-free steel.

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Key Companies Profiled

• Johnson Controls Inc.
• Faurecia SA
• Marter Automotive Seating Systems
• Toyota Boshoku Corporation
• Lear Corporation
• Magna International Inc.
• IFB Automotive

Key Segments of Automotive Seating Systems Industry Survey

Automotive Seating Systems Market by Vehicle Type:

• Automotive Seating Systems for Passenger Cars
• Automotive Seating Systems for Light Commercial Vehicles
• Automotive Seating Systems for Heavy Commercial Vehicles

Automotive Seating Systems Market by Seat Type:

• Automotive Split Seat Systems
• Automotive Bench Seat Systems
• Automotive Split Bench Seat Systems

Automotive Seating Systems Market by Distribution Channel:

• Automotive Seating System Sales via OEM
• Automotive Seating System Sales via Aftermarket

Automotive Seating Systems Market by Technology:

• Heated Automotive Seating Systems
• Powered Automotive Seating Systems
• Powered & Heated Automotive Seating Systems
• Standard Type Automotive Seating Systems

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global network security firewalls market is expected to be valued at US$ 19677 million by 2032, up from US$ 4882 million in 2022, expanding at a CAGR of 15% during the forecast period.

The market for network security firewalls is expanding due to the rising use of web applications and the rising demand for improved security services to reduce the risk of cyber-attacks.

The number of connected devices is increasing, which raises the security risk. As a result, more businesses are adopting network security firewalls to protect data and information from security breaches and cyberattacks, which is ultimately fuelling the growth of network security firewalls. Additionally, the market for network security firewalls is expanding due to the use of these devices for cloud computing.

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Now a days, most of the medium and large-scale organization has a presence on the Internet and has an organizational network connected to it. Therefore, network security firewalls are used to maintain network security between the outside internet and the internal network to protect the business against fraud and data breaches.

Also, network security firewalls help enterprises in securing communication pathway from unauthorized access and data misuse and due to this the network security firewalls market is growing at a rapid pace.

Network Security Firewalls Market: Drivers and Restraints 

Drivers

The advancement in security management services is the primary growth factor which is driving the growth of the Network Security Firewalls market. Also, the increasing number of mobile threat issues in enterprises are supporting the rapid adoption of the network security firewalls market. Moreover, to handle the serious and highly variable risks associated with an exposed security posture, the need for Network Security Firewalls is increasing rapidly.

Apart from this, the increasing adoption of network security firewalls by various enterprises to protect their data and information from cyber-attacks is also driving the growth of the network security firewalls market.

Restraints

The key challenge in the network security firewall market is the vulnerability to cyber-attacks. Also, device and system compatibility is a major challenge which may hamper the growth of the Network Security Firewalls market. Moreover, the lack of preventive firewall maintenance among telecom organizations is also one of the factors which may hamper the growth of the network security firewalls market.

Key Players

The prominent players in the Network Security Firewalls market include SAP SE, Hewlett Packard Enterprise, Cellusys, Symsoft, Openmind Networks, Tata Communications, ANAM Technologies, AMD Telecom, Adaptive Mobile, Infobip, and others

Network Security Firewalls Market: Regional Overview 

On a geographic basis, North America is anticipated to capture the largest and fastest growing network security firewalls market in terms of revenue, owing to rapid advancement in mobile security technologies and the presence of various key players in the region.

APAC and MEA are also anticipated to witness high growth rates in the Network Security Firewalls Market over the next coming years due to the increasing number of smartphones and rapid adoption of Network Security Firewalls in various enterprises in the region.

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, applications, and industries.

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Regional analysis includes 

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

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an 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.

Network Security Firewalls Market: Segmentation 

Segmentation of the Network Security Firewalls market based on solution type:

• SMS Firewall
• Signalling firewall

Segmentation of the Network Security Firewalls market based on deployment type:

• Cloud
• On-premise

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10 years.

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The automotive fasteners market demand is anticipated to obtain growth at an average CAGR of 6% and is forecasted to reach a valuation of USD 47,174.7 Million by 2032, while it holds a revenue of USD 26,342.1 Million in 2022.

The switch to lighter, electric cars and higher global auto manufacturing are expected to fuel future growth in the automotive fasteners industry.

Automotive fasteners are used in car parts like the engine, gearbox, suspension and body to firmly hold pieces together. To ensure the security and longevity of a vehicle, high-quality fasteners must be used.

The increased production of cars around the world, particularly in developing nations like China, India, and Brazil, is anticipated to be the key factor driving the development in demand for automotive fasteners. The market for automotive fasteners is predicted to increase as lighter cars necessitate more sophisticated and lightweight fastening.

Because electric vehicles have different engineering requirements than conventional internal combustion engine vehicles, the adoption of electric vehicles is also anticipated to increase demand for automotive fasteners.

The demand for automotive fasteners is also anticipated to increase as a result of the development of novel materials and enhanced fastener coatings that provide greater corrosion resistance and endurance.

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Key Takeaways from Market Study

• Europe holds the biggest market space for the automotive fasteners market and is anticipated to hold its ground during the forecast period, with 26% of the share attributed to the sales of commercial vehicles such as passenger cars and electric buses.
• North America has the second largest space in the global automotive fasteners market, while its growth is owing to advancements in electric vehicle and their higher adoption with a 16% global share.
• The automobile companies such as General Motors and Ford are making the USA a significant country in the region of North America.

 “The future for the market looks promising for lightweight vehicle adoption that use lighter automotive components in vehicles including automotive fasteners. These fasteners increase the performance of vehicles such as lightweight parts, and fuel efficiency. The rise of electronic vehicles has also pushed the demand for automotive fasteners that require fitting ensuring the use of sustainable and environmentally friendly electric vehicles. The technical developments to enhance the quality and durability of the automotive components and products. ” says a Future Market Insights analyst while discussing the future of the market.

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Competitive Landscape:

The automotive fasteners market is fragmented by the key players that help to develop the market all around the globe during the forecast period. These players are showing their efforts and focus on increasing the automotive fasteners’ market share. The key players are using various tricks and marketing terms to acquire the lion’s share in the automotive fasteners market size.

Key Companies Profiled

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

Key Segments in The Automotive Fasteners Market

By Material:

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

By Characteristics:

• Removable
• Semi-permanent
• Permanent

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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The global PV combiner box market is anticipated to grow at a rate of 5.1% CAGR, bringing in a revenue portion of US$ 120 million by 2022 and reaching US$ 205 million by 2032.

The currently active market companies invest much in R&D projects to strengthen and distinguish their contributions and furthermore to gain the upper hand in the market. Different players in the PV combiner box market biological system are responsible for the growth and safety of the market on a global scale.

The majority of projects use PV combiner boxes to protect and maintain the operational display of their photovoltaic system. Additionally, PV combiner boxes are frequently used in photovoltaic power generation frameworks to reduce the number of wires necessary to connect the inverter and the solar-powered modules.

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The PV combiner box is broadly utilized in light of its few elements which incorporate simple adaptability, support, hostility to destruction, and security.

PV Combiner Box Market: Drivers and Restraints

The rising adoption of PV combiner boxes in large-scale grid-connected PV systems is one of the major factors driving the growth of the market owing to its flexible, efficient, and safe features. Moreover, the rising demand for ground mount and commercial rooftop-based PV combiner boxes is also turning out to be another major factor driving the growth of the PV combiner box market in a positive manner.

Mechanical and electrical failure at the time of installation is the major challenge faced by most of PV combiner box vendors.

Global PV Combiner Box Market: Competitive Landscape

Key Players

The prominent player operating in the PV Combiner Box market includes Sungrow, Schneider Electric, XJ Group, Eaton Corporation, Renovagyand Surpass Sun Electric.

Key Development

In July 2016, Eaton Corporation launched new Crouse-hinds series 1500V DC combiner box for large-scale solar photovoltaic applications. This combiner box is specifically designed to help customers by minimizing system costs by reducing wiring requirements and installation time.

Global PV Combiner Box Market: Regional Outlook

On the basis of geography, the PV Combiner Box market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and the Middle East & Africa. Among various regions, the PV Combiner Box market in North America is expected to dominate during the forecast period owing to significant growth in technological innovations of PV combiner box in this region. The North American region is expected to be followed by Western Europe, and APAC.

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Global PV Combiner Box Market: Market Segmentation

The global PV Combiner Box Market can be divided into three segments, on the basis of product type, application

By Type:

• DC Smart PV Combiner Box
• AC Smart Combiner Box

By Application:

• Commercial
• Residential
• Utilities

By Region:

• North America
• Latin America
• Asia Pacific
• Europe
• MEA

Table of Content

1. Executive Summary | PV Combiner Box Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

Report Customization available @
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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com