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The Automotive Transmission System Market Is Growing With the Increasing Demand for Vehicles Worldwide
A car transmission is one of the most important components of a vehicle. It's what moves the power from the engine to the wheels. The transmission varies the speed, the torque, and the direction by changing the transmission ratios and enables the car to start with a high torque. An automatic transmission system, or automatic gearbox, does not require manual switching. Currently, there is increasing demand for automatic transmissions systems worldwide.
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Fluid Transfer System Market – Industry Size, Future Trends, Development Strategy, Growth Rate, Historical Analysis, Competitive Landscape And Forecast to 2027
The global fluid transfer system market size is expected to reach USD 28.48 Billion at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. Factors driving revenue growth of the fluid transfer system market are increasing demand for premium vehicles, implementation of more stringent fuel emission and tailpipe exhaust regulations, and stringent norms regarding CO2.
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COVID-19 IMPACT
The research report draws attention to the profound impact of the COVID-19 pandemic on the global Fluid Transfer System market and its crucial segments. The report evaluates the key factors influencing the market growth and considers the COVID-19 pandemic as one of the contributing elements for the economic slowdown of the market. The pandemic has altered various aspects of the global Fluid Transfer System market scenario. However, this report offers an extensive COVID-19 impact analysis of the market to help readers gain knowledge of the significant effects of the outbreak on the present and future scenario of this business space. Hence, this is the newest report offering full coverage of the current economic situation that caused a global health crisis.
Some Key Highlights in the Report
· Selective Catalytic Reduction (SCR) is a cost-effective fuel-efficient technology used to reduce emissions from diesel engines. All heavy-duty diesel truck engines manufactured after 1 January 2020 are required to meet the Environmental Protection Agency (EPA) emission standard. The standard is very stringent, and aimed at reducing nitrogen oxide (NOx) and particulate matter (PM) to near-zero levels. SCR can reduce nitrogen oxide emissions up to 90% while reducing hydrocarbon (HC) and carbon monoxide emissions by 50–90% and particulate matter (PM) emissions by 30–50%.
· Rubber hoses are commonly used for fluid transfer and are designed for specific fluid, pressure, and temperature ranges and are available in a variety of specifications. Rubber hoses have capability of resisting erosive wear better than steel pipes in certain applications.
· Key players in the market include Contitech, Cooper Standard, Lander Automotive, Akwel, Gates Corporation, Hutchinson, Tristone, TI Fluid Systems, Castello Italio, and Kongsberg Automotive.
Fluid Transfer System Market Segmentation:
Emergen Research has segmented the global fluid transfer system market on the basis of equipment type, type, application, material, and region:
· Equipment Type Outlook (Revenue, USD Billion; 2018–2028)
o AC lines
o Air suspension lines
o SCR lines
o Brake lines
o DPF lines
o Fuel lines
o Turbo coolant lines
o Transmission oil cooling lines
· Type Outlook (Revenue, USD Billion; 2018–2028)
o Hoses
o Tubing
· Application Outlook (Revenue, USD Billion; 2018–2028)
o Automotive
1. Battery Electric Vehicle (BEV)
2. Plug-in Hybrid Electric Vehicle (PHEV)
3. Mild Hybrid Vehicles
o Aerospace
o Manufacturing
o Others
· Material Outlook (Revenue, USD Billion; 2018–2028)
o Aluminum
o Stainless Steel
o Rubber
o Nylon
o Steel
o Others
Regional Analysis:
The global Fluid Transfer System market consists of various significant regional segments. Under this section of the report, the product demand, output, and estimated revenue share of each region have been ascertained. The most prominent regions dictating the global market include:
· North America (U.S., Canada, Mexico)
· South America (Brazil, Argentina, Ecuador, Chile)
· Europe (U.K., Germany, France, Italy)
· Asia Pacific (China, Japan, India, Korea)
· Middle East &Africa (Egypt, Turkey, Saudi Arabia, Iran)
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Key Reasons to Buy This Report:
· The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
· It entails a detailed inspection of the Fluid Transfer System market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
· The report provides the reader with a deep understanding of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and powerful business tactics.
· Furthermore, the report identifies the key regions and segments that influence the Fluid Transfer System market.
Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Fluid Transfer System Market Segmentation & Impact Analysis 4.1. Fluid Transfer System Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing vehicle production 4.2.2.2. Increase in stringency in tailpipe emission limits 4.2.3. Market restraints analysis 4.2.3.1. Growing popularity of electric vehicles may impact ICE fluid transfer system market 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
CONTINUED…!
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Polyamide Market Trend , Class, Application, Growth, Dynamics, Revenue, Segmentation, Share, Region and Conditions
Market Highlights: Global Polyamide Market is projected to be valued at over USD 38.56 Billion by 2025 and exhibit a healthy CAGR of over 5% during the assessment period.
The growth of the global polyamide market is primarily driven by the healthy growth of the automotive industry, especially in Asia-Pacific and the Middle East & Africa. The automotive industry is widely incorporating the use of micro-electronics in sensitive automotive applications such as transmission control units and sensors and safety-related applications such as airbag and anti-lock systems. The delicate circuits are often connected to semiconductors via thin wires, which is known as wire bonding. In such conditions, disruptive effects such as corrosion, electrolyte formation, ion migration, and creep currents may arise and, in extreme conditions, may cause the failure of entire assemblies. Plastics for housings and components need to be manufacturers so that they do not react with the metals involved and thus prevent electronic failure, in which case polyamides are being preferred. Additionally, the increasing use of polyamides in the automotive light-weighting coupled with the rising demand for lightweight vehicles is further expected to propel the market growth.
Global Polyamide Market Trend has been segmented based on product type, application, end-use industry, and region.
By type, the global market has been categorized into three segments, namely PA 6, PA 66, and bio polyamides & specialty polyamides. The PA 6 segment, in terms of value, was pegged at USD 14 billion in 2018 and is likely to grow at a 5.24% CAGR during the forecast period, 2019 to 2025. Polyamide 6 (PA 6) is an abrasion-resistant and thermoplastic material, which has a good fatigue resistance and good stiffness. They are used in gears, cams, bearings, rollers, power tool housings, nuts and bolts, combs, electrical connectors, coil formers, kitchen utensils, and fuel tanks for cars, among others.
By class, the global market has been segmented into aliphatic polyamides (nylon class) and semi-aromatic & aromatic polyamides. The aliphatic polyamides (nylon class) segment is further divided into PA 4,6, PA 6,6, PA 6, PA 6,10, PA 6,9, PA 11, and others. Likewise, the semi-aromatic & aromatic polyamides segment is further categorized into PA 6T, PA 6I, poly (p-phenylene terephthalamide, and others. The aliphatic polyamides segment accounted for a share of over 61% in 2018. Aliphatic polyamides are produced on a larger scale compared to semi and fully aromatic polyamides. They are the most important class of engineering thermoplastics. The two most important polyamides are poly (hexamethylene adipamide) (PA 6,6) and polycaprolactam (PA 6), and they possess excellent mechanical properties including high tensile strength, good resilience, high flexibility, low creep, and high impact strength (toughness).
Based on application, the global polyamide market has been segmented into fibers, wire & cables, 3D printing, sports equipment, engine components, brakes & transmission parts, and household goods & appliances, among others. The engine components segment is the major application segment with a market share of over 26% in 2018. The fibers segment held the second-largest share of the market, while the 3D printing segment is likely to witness the highest CAGR during the review period.
By end-use industry, the global polyamide market has been categorized into automotive, electrical & electronics, textile, aerospace & defense, packaging, consumer goods, and others. The automotive segment accounted for the largest market share of 32% in 2018. The automotive industry is the largest consumer of polyamide, wherein it is used in various applications such as engine compartments, radiator systems, fuel supply systems, interior and exterior components, and electrical systems. The substitution of metals with polyamides helps automotive manufacturers reduce production cost by 30%, reduces the weight of a component by 50%, cuts system costs, and contributes to higher fuel efficiency.
Regional Analysis: The Global Polyamide Market has been studied across five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The regional market of Asia-Pacific held the largest market share of 55% in 2018, with a market value of around USD 15 billion. The regional market is projected to register the highest CAGR of over 6% during the forecast period owing to the positive outlook of the automotive and textile industries in the emerging economies of Asia-Pacific.
North America and Europe are the other key regional markets for polyamide and accounted for second-largest and third-largest market shares of the global market in 2018.
Key Players
The Key Players in the Global Polyamide Market are BASF SE (Germany), Evonik Industries AG (Germany), Lanxess (Germany), Arkema (France), DuPont (US), EMS-CHEMIE HOLDING AG (Switzerland), Mitsui Chemicals, Inc (Japan), Toray Industries Inc (Japan), KOLON PLASTIC INC (South Korea), and AdvanSix Inc (US).
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Car Charger Market - Global Key Players, Trends, Industry Size & Forecast
Car chargers are essential components of hybrid and electric vehicles. In terms of charging, there five notable types such as battery swapping charging, plug-in charging, wireless, direct current (DC) and alternating current (AC). AC charging dominates the global car charger market due to its rising acceptance among electric car owners. In countries such as North America and Europe, there has been an increase in the rate of AC charging infrastructure installations at homes, parking areas, parks and commercial areas. Moreover, in the coming years, AC charging infrastructures are expected to be installed in roads so that the car can charge itself while in motion. DC charging, is a faster method of charging a vehicle. It is comparatively a better alternative to AC charging. However, DC charging, lacks the kind of infrastructure as installed for AC charging in homes and other places. Wireless charging ensures reduction in the loss of transmission in vehicles and is hassle-free, compatible and light weight. Such a charging medium is considered expensive and is yet to get commercialized at a large scale.
Increasing production of hybrid and electric vehicles, and rising demand for passenger hybrid-electric vehicles is a major driving factor for the car charger market. In addition, strict government guidelines and automobile standards relating to hybrid and electric vehicles is a major factor influencing the car charger market. Growth in the automotive sector and rising investments in car charger manufacturing companies across the world is set to influence the market significantly during the forecast period. However, lack of penetration of hybrid and electric vehicles in numerous countries across the world is inhibiting the growth of car chargers market, which finds application in aforementioned vehicles. In addition, cheap substitutes of original car chargers is another major restraint for the global car charger market.
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The car charger market can be classified by charging type, by application and by geography. The charging type segment can be classified into battery swapping charging, plug-in charging, wireless, direct current (DC) and alternating current (AC). By application, the market can be segregated as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
In the car charger market, Asia Pacific holds the largest market share in terms of revenue followed by North America, Europe, Latin America and, Middle East and Africa (MEA). In the Asia Pacific region, countries such as China and Japan are considered to be the leading manufacturers of car chargers across the world. The market in North America and Europe tends to be a bit saturated but the market is expected to remain stable during the forecast period. By the end of the forecast period, Middle East and Africa, and Latin America are expected to show significant growth, considering the growth in automotive sector and rising application of car chargers in vehicles manufactured in the aforementioned regions.
The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global car charger market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Leviton Manufacturing Co., ABB Group, Evatran Group, Bosch Group, Siemens AG, Energizer Holdings Inc., Intel Corporation, LG Electronics Inc., Qualcomm Inc., Schneider Electric SE, General Electric Company, Sony Corporation and AeroVironment, Inc., among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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Automotive Micro Switch Market Trends, Share, Scope, and Research Insights by 2025
An automobile is made up of a number of components that are connected via micro switches that are specifically designed to function as a sensor for the presence or absence of another condition. With the right micro switch, automotive industry players can build better products with different configuration of terminations, actuators, and wired connections. As the automotive industry touches new peaks in the emerging economies and the growing prospects of electric vehicles in developed countries, the market for automotive micro switches is primed for a profitable future. According to a recent business intelligence study by Transparency Market Research (TMR), the global automotive micro switch market will be worth US$4,282.2 million by the end of 2025, with the demand expanding at a notable CAGR of 5.1% during the forecast period of 2017 to 2025.
As per the findings of the TMR report, the global shares in the automotive micro switch market are distributed among a large pool of players, and newer players are frequently eating out a share of pie owing to low entry barriers. These micro switches are cost-effective, and do not require extensive technological expertise to be built. That being said, the analyst of the report has identified Honeywell Sensing and Productivity Solutions, Alps Electric, Johnson Electric Holdings Ltd., Panasonic Corporation, C&K Components Inc., OMRON Corporation, Crouzet Automatismes SAS, CAMSCO Electric Co. Ltd., TE Connectivity, The APEM Group, Microprecision Electronics, and Knitter Switch as some of the notable companies ahead of the curve. To gain an edge over their competitors, these players are frequently indulging in mergers and acquisition, as it helps them strengthen their supply chain as well as find new customers.
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Based on type, the market for automotive micro switch market has been segmented into door interlock switches, reset switches, ultra-miniature micro switches, sub-miniature micro switches, double pole double throw micro switches, single pole standard precision micro switches, general purpose micro switches, and standard micro switches. End users studied under this study are retail, automotive, industrial, consumer electronics, and others. Geographically, the analyst of the report has highlighted Asia Pacific as the region that will continue to formulate for the most prominent chunk of the demand in the near future.
Increasing consumer preference for integrated components within an automobile that add to convenience in handling as well as improves safety of the product is the primary driver of the automotive micro switch market. Manufacturers are building complex combinations of mechanical structure coupled with electronic systems that are increasing intelligent, and are equipped with systems such as infotainment, HVAC, window, electric steering, acceleration, heated seats, headlight controls, and transmission. For all these systems, micro switches are essential.
Key Takeaways:
Global automotive micro switch market is estimated to be worth US$4,282.2 million by the end of 2025, mounting from its evaluated worth of US$9,271.1 million as of 2016
Owing to low entry barriers, new players are able to make a mark in this market, although a few well-established players are expected to rain their dominance in the near future
Prospering automotive industry in Asia Pacific is expected to sustain a consistent demand in the near future.
The information presented in this review is based on a Transparency Market Research report, titled, “Automotive Micro Switch Market (Type - Standard Micro Switch, General Purpose Micro Switch, Single Pole Standard Precision Micro Switch, Double Pole Double Throw Micro Switch, Subminiature Micro Switch, Ultraminiature Micro Switch, Reset Switches, and Door interlock Switches) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”
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Harmonic Filter Market | Analysis of Worldwide Industry Trends and Opportunities
Harmonic Filter Market: Introduction
Transparency Market Research delivers key insights on the global harmonic filter market. In terms of revenue, the global harmonic filter market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global harmonic filter market.
Harmonics are generated in an electric power system, due to presence of non-linear loads, such as drives, in the system. The growing need for ensuring quality of power and increasing use of non-linear loads producing harmonics, such as variable-frequency drives, are factors driving the global harmonic filter market. In addition to this, developing countries are focusing on developing their power infrastructure. This is expected to offer ample growth opportunities to the harmonic filter market in these countries during the forecast period.
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Harmonic Filter Market: Dynamics
The global power industry is changing significantly, with the increasing demand for reliable and efficient power supply, implementation of sustainability policies, and government regulations and penalties imposed by utilities. Rise in automation across different commercial and industrial applications has raised the demand for variable-frequency drives. Variable-frequency drives are energy efficient, as the motor can be operated at variable speeds throughout their use, unlike other drives. However, fluctuating voltage levels in variable-frequency drives results in the generation of harmonics. Thus, the demand for harmonic filters is anticipated to increase in order to suppress the effect of harmonics generated by usage of variable-frequency drives. Moreover, in addition, governments of various countries are taking initiatives on setting a permissible limit on harmonic distortion. This factor along with the increasing demand for zero-tolerance interrupted power supply from industries such as IT, medical, and railways is expected to drive the global harmonic filter market during the forecast period.
Harmonic Filter Market: Prominent Regions
Asia Pacific is the leading region of the global harmonic filter market. Growth of the market in the region can be attributed to high investments in power infrastructure and industrialization in Asia Pacific. Moreover, the market in Middle East & Africa is expected to witness significant growth during the forecast period, due to increasing demand for harmonic filters, growing urbanization, rising generation of renewable power, and investments in mass transportation in the region. In other regions, the demand for harmonic filters is dependent on the growth of sectors such as industrial, IT & telecommunication, power generation & transmission, and residential & commercial.
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Harmonic Filter Market: Key Players
Key players operating in the global harmonic filter market are ABB Ltd., Emerson Electric Co., Schneider Electric SE, Danfoss A/S, Siemens AG, Comsys AB, Schaffner Holding AG, Crompton Greaves Ltd., and Eaton Corp. Plc
Global Harmonic Filter Market: Segmentation
Harmonic Filter Market, by Type
Active
Passive
Tuned Passive
De-tuned Passive
Harmonic Filter Market, by Voltage
Low Voltage
Medium Voltage
High Voltage
Harmonic Filter Market, by End Use
Industrial
IT & Data Centers
Automotive
Oil & Gas
Others
Harmonic Filter Market, by Region
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America
U.S.
Canada
Rest of North America
Germany
U.K.
France
Rest of Europe
China
Japan
India
Rest of APAC
GCC
South Africa
Rest of MEA
Brazil
Rest of South America
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Acoustic Glass Market Observe Substantial Growth by 2020-2030
Acoustic Glass Market: Introduction
The global acoustic glass market is anticipated to expand rapidly during the forecast period, due to growth in the construction and automotive industries
Acoustic glass is primarily used in busy areas such as motorways, main roads, and airports. It can be used in interior sound insulation, such as office partitions and meeting rooms. It can also be used in overhead or roof glazing in order to reduce the sound of rain.
Acoustic glass lowers outside noise. This can lead to improved productivity of the occupants. Acoustic laminated glass also offers benefits of properties of standard laminated glass. It provides insulation from rain impact noise when used in overhead or roof glazing.
Key Drivers of Acoustic Glass Market
Noise pollution has been adversely affecting people since the start of industrialization. It may cause hearing loss, sleep disturbances, and stress and heart diseases. There has been a rise in public spending on health since the last two to three years. This trend is expected to continue in the next few years. Acoustic insulation materials, such as glass, are widely used by different industry players to decrease the ill-effects of noise pollution among employees. Demand for acoustic glass materials has been rising, owing to their increased usage in the building & construction industry.
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Regulations limiting noise are being imposed by different countries. For example, in the U.S., the Occupational Noise Exposure Regulation mandates that industrial employers must limit noise exposure of their employees to 90 dB (A). Implementation of such regulations leads to an increase in the use of acoustic insulation materials in the U.S.
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Acoustic insulation is used in the automotive industry for soundproofing against sound systems installed, engines and other machinery sounds, and external noise. Acoustic glass materials are used as hood liners, sun visors, engine covers, firewalls, and transmission tunnels in cars and other automotive vehicles. The use of acoustic insulation in the transportation industry has been increasing owing to their excellent sound absorption and sound reduction qualities.
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Automotive End-use Industry Segment to Offer Lucrative Opportunities
In terms of value and volume, the automotive segment is estimated to account for significant share of the global market during the forecast period. This can be ascribed to growth in the automotive industry in Asia Pacific and Middle East & Africa.
Acoustic glass is a laminated glass that consists of two or more sheets of glass, bonded together with one or more acoustic layers. These interlayers act as a noise dampening core, weakening the sound as it travels through the glass.
Asia Pacific Expected to Hold Major Share of Global Acoustic Glass Market
Based on region, the global acoustic glass market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
In terms of value and volume, Asia Pacific accounted for significant share of the global acoustic glass market in 2019. The region is anticipated to continue its dominance during the forecast period, due to the growth in the automotive industry. China is the largest producer of chemicals, paints and coatings, and glass in Asia Pacific. This is projected to boost the market in the country during the forecast period.
Rise in FDI investment in automotive and construction industries in developing economies of Asia Pacific is a key factor likely to fuel the market in the region during the forecast period
Latin America and Middle East & Africa are likely to be attractive regions of the global acoustic glass market during the forecast period. Latin America constitutes countries such as Brazil and Mexico, which are major automotive manufacturing countries in the world. They are also manufacturing hubs for numerous industries. Economic growth in these countries is likely to create opportunities for the acoustic glass market in Latin America.
Key Players in Acoustic Glass Market
Various players operate in the global acoustic glass market. However, there is an increasing shift in dynamics toward market consolidation. This can be ascribed to agreements and partnerships by major companies operating in the U.S. and Europe in order to capitalize on untapped market potential. Key players operating in the acoustic glass market include:
AGC Inc.
Central Glass Co., Ltd.
Pilkington
Fuyao Glass Industry Group
Carlex
Saint-Gobain
SYP Glass
Jiangsu Tiemao Glass, etc.
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Co-Fired Ceramic Market Size- Global Analysis, Regional Trend, Industry Demand - Forecast to 2025
Market Synopsis:
The GLOBAL CO-FIRED CERAMIC MARKET was valued at USD 886 million in 2018 and is forecast to rise at a CAGR of 4.45% to reach USD 1.2 Billion by 2025.
This growth can be attributed to increased application of co-fired ceramics in wireless devices, rising integration of electronics in the automotive systems, and a focus on automation of manufacturing processes across industries.
The increased demand for VLSI and ULSI circuitry is expected to propel the growth of Co-Fired Ceramic Market during the review period.
Due to the wide application scope of ICs, which are manufactured using co-fired ceramics, in almost all industries, the market is highly resistant to saturation.
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SEGMENTATION:
The high applicability of co-fired ceramics makes for very robust market segmentation with high dividends expected in each segment.
By Process Type
Low-Temperature Co-Fired Ceramic (LTCC): Currently the larger segment, it is also expected to register the higher CAGR during the forecast period. The unparalleled growth of the Co-Fired Ceramic Market is due to the high application potential of LTCCs in the electronics, telecommunications, automotive, and electronics industries. LTCCs offer advantages such as extreme resistance to thermal and mechanical stress, good thermal conductivity, and low production costs for medium to large quantities.
High-Temperature Co-Fired Ceramic (HTCC): Used in extreme high-stress applications, HTCCs offer utility in transmission and reception devices in the telecommunications and aerospace & defense industries, among others. The advantages of HTCCs include ease of integration in metal housing due to matching thermal coefficients, very high thermal conductivity, and excellent mechanical stability. HTCCs find widespread use in defense & aerospace applications.
By Material
Glass-Ceramic: The larger Co-Fired Ceramic Market segment as glass-ceramics find use in the manufacture of LTCCs. This segment is also projected to exhibit the higher CAGR due to the utilization of glass-ceramic LTCCs in emerging markets such as wireless devices.
Ceramic: This segment is seeing steady growth due to the use of ceramics in the manufacture of HTCCs and certain LTCCs. The use of the material is also more cost-effective.
By Application
Telecommunications: According to the Telecommunications Industry Association, the industry generated USD 1.6 trillion in revenue in 2019. The telecommunications segment is projected to be the largest due to the use of LTCCs in virtually every aspect of the industry. Moreover, as bulk co-fired ceramics production tends to be more cost-effective, the large-scale use of co-fired ceramic ICs in telecommunications applications is expected to propel the growth of the segment.
Defense & Aerospace: The dependence on electronics for critical applications in the aerospace & defense industry has led to the widespread use of ICs. The industry requires specialized ICs, necessitating the use of co-fired ceramics.
Automotive: The fastest-growing segment due to the increased application of electronics in various automotive systems. The rapid growth of the automotive industry is also projected to drive bulk CFC production.
Medical: Modern diagnostic tools and computer-assisted surgery rely on chipsets that use CFCs. This segment is growing due to the growth of the global medical market and technological advances in the field.
Consumer Electronics: Representing a significant market share, consumer electronics widely use CFCs in the form of ICs and wireless transmission equipment. The segment is expected to register a stable growth rate.
Others: Virtually all automated manufacturing units, the logistics industry, and tracking technologies extensively use CFCs.
By Region
North America: Technologically very proficient but lacks the low-cost manufacturing capabilities of other regions.
Europe:
Asia-Pacific: The largest and fastest-growing market.
Middle East & Africa
Latin America
Market USP:
The high application of co-fired ceramics in the fast-expanding wireless devices market is expected to drive Co-Fired Ceramic Market growth.
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Acoustic Glass Market Foreseen to Grow Exponentially by 2026
Acoustic Glass Market: Introduction
The global acoustic glass market is anticipated to expand rapidly during the forecast period, due to growth in the construction and automotive industries
Acoustic glass is primarily used in busy areas such as motorways, main roads, and airports. It can be used in interior sound insulation, such as office partitions and meeting rooms. It can also be used in overhead or roof glazing in order to reduce the sound of rain.
Acoustic glass lowers outside noise. This can lead to improved productivity of the occupants. Acoustic laminated glass also offers benefits of properties of standard laminated glass. It provides insulation from rain impact noise when used in overhead or roof glazing.
Key Drivers of Acoustic Glass Market
Noise pollution has been adversely affecting people since the start of industrialization. It may cause hearing loss, sleep disturbances, and stress and heart diseases. There has been a rise in public spending on health since the last two to three years. This trend is expected to continue in the next few years. Acoustic insulation materials, such as glass, are widely used by different industry players to decrease the ill-effects of noise pollution among employees. Demand for acoustic glass materials has been rising, owing to their increased usage in the building & construction industry. Regulations limiting noise are being imposed by different countries. For example, in the U.S., the Occupational Noise Exposure Regulation mandates that industrial employers must limit noise exposure of their employees to 90 dB (A). Implementation of such regulations leads to an increase in the use of acoustic insulation materials in the U.S.
Acoustic insulation is used in the automotive industry for soundproofing against sound systems installed, engines and other machinery sounds, and external noise. Acoustic glass materials are used as hood liners, sun visors, engine covers, firewalls, and transmission tunnels in cars and other automotive vehicles. The use of acoustic insulation in the transportation industry has been increasing owing to their excellent sound absorption and sound reduction qualities.
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Automotive End-use Industry Segment to Offer Lucrative Opportunities
In terms of value and volume, the automotive segment is estimated to account for significant share of the global market during the forecast period. This can be ascribed to growth in the automotive industry in Asia Pacific and Middle East & Africa.
Acoustic glass is a laminated glass that consists of two or more sheets of glass, bonded together with one or more acoustic layers. These interlayers act as a noise dampening core, weakening the sound as it travels through the glass.
Asia Pacific Expected to Hold Major Share of Global Acoustic Glass Market
Based on region, the global acoustic glass market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
In terms of value and volume, Asia Pacific accounted for significant share of the global acoustic glass market in 2019. The region is anticipated to continue its dominance during the forecast period, due to the growth in the automotive industry. China is the largest producer of chemicals, paints and coatings, and glass in Asia Pacific. This is projected to boost the market in the country during the forecast period.
Rise in FDI investment in automotive and construction industries in developing economies of Asia Pacific is a key factor likely to fuel the market in the region during the forecast period
Latin America and Middle East & Africa are likely to be attractive regions of the global acoustic glass market during the forecast period. Latin America constitutes countries such as Brazil and Mexico, which are major automotive manufacturing countries in the world. They are also manufacturing hubs for numerous industries. Economic growth in these countries is likely to create opportunities for the acoustic glass market in Latin America.
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Key Players in Acoustic Glass Market
Various players operate in the global acoustic glass market. However, there is an increasing shift in dynamics toward market consolidation. This can be ascribed to agreements and partnerships by major companies operating in the U.S. and Europe in order to capitalize on untapped market potential. Key players operating in the acoustic glass market include:
AGC Inc.
Central Glass Co., Ltd.
Pilkington
Fuyao Glass Industry Group
Carlex
Saint-Gobain
SYP Glass
Jiangsu Tiemao Glass, etc.
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Auto Parts Manufacturing Market is Anticipated to Register at a Healthy CAGR of 4.0% During the Forecast Period 2019-2029
Persistence Market Research (PMR) has released a new market study on the auto parts manufacturing market that includes the global industry analysis for 2014–2018 and forecast for 2019–2029. The report on auto parts manufacturing summarizes macroeconomic factors that could assist and influence the growth of the market and forecast factors.
The market for auto parts manufacturing was estimated at ~US$ 363 Bn in 2018 and is anticipated to reach a value of ~US$ 532 Bn by the end of 2029, influenced by the cyclic trend of the automotive industry and new product launches. The auto parts manufacturing market is expected to grow at a moderate CAGR of ~3% during the assessment period.
Prominent automotive parts and components including battery, cooling system, engine & drive train components, underbody components, lighting components, and electrical components are considered in the report. OEM and aftermarket sales channels are considered in the auto parts manufacturing market. Additionally, the report offers a thorough analysis of the auto parts manufacturing market for the coming ten years.
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Carbon Emission Dictating Auto Parts Manufacturing Strategies
Apart from updating and enhancing existing product standards, auto manufacturers are developing and experimenting with innovative technologies that will help enhance vehicle performance?braking, fuel injection, aesthetics, adjunct functioning, and transmission. Thus, the demand for custom-made automotive products such as pumps has increased significantly in the last decade. In order to respond to customized needs of OEMs, pump manufacturers, such as Denso, KSPG AG, and Delphi, are working with OEMs to deliver superior products that are compatible with their existing and new models.
Automotive manufacturers are focusing on reducing the weight of vehicle parts and making them more compact to enhance vehicle performance. In line with this, battery manufacturers are developing batteries with higher functionality and more compact designs for use in vehicles. Analyzing the impact of carbon emissions from automobiles, various governments and regulatory authorities are imposing stringent regulations on automobile manufacturers. As a result of these stringent norms, manufacturers are compelled to design lightweight, compact, and fuel-efficient vehicles. The effective cooling of engine can significantly reduce fuel consumption and hence the emissions.
In order to provide decent cooling, manufactures are improvising the designs of radiators by using lightweight metals and compact sizes. Various auto part manufacturers have successfully expanded to other regions and formed alliances with others to improve their share in the auto parts manufacturing market, develop new products through knowledge sharing, and enhance brand value.
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‘Lightweight’ Auto Parts Continue to Trend
A major factor driving the growth of the global auto parts manufacturing market, in the present scenario, is the increasing vehicle production in prominent regions. Furthermore, due to the growing demand for lightweight automotive vehicles, the automotive industry is also trying to adapt this feature in the auto parts manufacturing market. Moreover, the automotive component industry is required to adhere to multiple guidelines issued by regulating authorities. Such regulations are compelling manufacturers to develop products compatible with the regulations. Manufacturers are focused on consolidating the market through long-term contracts with major automobile producers and aftermarket sales through on spot service and online sales.
Asia Pacific is the leading market for auto parts manufacturing in terms of revenue. China is expected to hold significant revenue share in the Asia Pacific auto parts manufacturing market through 2029 owing to high vehicle production. The U.S. auto parts manufacturing market is projected to hold significant market share in terms of value in the global auto parts manufacturing market over the forecast period. This is attributed to the traction for lightweight components to improve vehicle’s performance and efficiency.
The PMR report has covered a few prominent participants operating in the auto parts manufacturing are
Robert Bosch GmbH
Denso Corporation
Valeo SA
Continental AG
Aptiv PLC
ZF Friedrichshafen AG
Magna International Inc.
Faurecia S.A.
Magneti Marelli SpA
Aisin Seiki Co., Ltd.
Brembo S.p.A.
AKEBONO BRAKE INDUSTRY CO., LTD.
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Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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Electromagnetic Clutches Market - Growth Opportunities Created by Covid19 Outbreak 2026
According to Stratistics MRC, the Global Electromagnetic Clutches market is accounted for $3,273.14 million in 2017 and is expected to reach $5,344.91 million by 2026 growing at a CAGR of 5.6%. The growing trend and evolving consumer preference towards manual to semi-automatic or fully-automatic transmission systems are expected to favorably impact the global electromagnetic clutches market growth. However, the high initial cost is hampering the electromagnetic clutches market growth.
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Electromagnetic clutches are the clutches function under the effect of electromagnetic force, control the joint and separation of the clutch based on the power on/off of the coil. It make the torque transmit from active side to passive side with the function of electromagnetic energy, so as to complete the connection of mechanical mechanism, realized the transmission function of the drive system. Based on the end user, machine tools segment is constantly enhancing as it is an indispensable part of engineering & construction projects, and intermittently used in operational manufacturing units for maintenance purposes owing to prevalent applications of machine tools in various industries. Machine tools are commonly used in these industries for various purposes such as grinding, turning, boring, and broaching. By geography, the Asia-Pacific is going to have huge demand as the growth in this region will be driven by economic development in emerging countries such as China and India. The primary growth driver for the machine tool market in India is the country's growing automotive industry. Some of the key players in the Electromagnetic Clutches market include Mitsubishi Electric, Karl E. Brinkmann, Goizper, Minebea, Magtrol, Altra Industrial Motion, Intorq, Miki Pulley, Ortlinghaus, Danaher, Tianjin Electric, and Guangde Lixin. Product Types Covered: • Wet Type • Dry Type • Magnetic Powder Type • Other Product Types End Users Covered: • Automotive Industry • Machine Tool • Other End Users Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o UK o Italy o France o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa
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What our report offers: - Market share assessments for the regional and country level segments - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc. - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Free Customization Offerings: All the customers of this report will be entitled to receive one of the following free customization options: • Company Profiling o Comprehensive profiling of additional market players (up to 3) o SWOT Analysis of key players (up to 3) • Regional Segmentation o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check) • Competitive Benchmarking o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Co-Fired Ceramic Market, Process By Type, Regional Analysis, Segmentation, Key Players and Growth
This growth can be attributed to increased application of co-fired ceramics in wireless devices, rising integration of electronics in the automotive systems, and a focus on automation of manufacturing processes across industries.
The increased demand for VLSI and ULSI circuitry is expected to propel the growth of this market during the review period.
Due to the wide application scope of ICs, which are manufactured using co-fired ceramics, in almost all industries, the market is highly resistant to saturation.
The high application of co-fired ceramics in the fast-expanding wireless devices market is expected to drive market growth.
The high applicability of co-fired ceramics makes for a very robust market segmentation with high dividends expected in each segment.
Global Co-Fired Ceramic Market was valued at USD 886 million in 2018 and is forecast to rise at a CAGR of 4.45% to reach USD 1.2 Billion by 2025.
By Process Type
Low-Temperature Co-Fired Ceramic (LTCC): Currently the larger segment, it is also expected to register the higher CAGR during the forecast period. The unparalleled growth of the segment is due to the high application potential of LTCCs in the electronics, telecommunications, automotive, and electronics industries. LTCCs offer advantages such as extreme resistance to thermal and mechanical stress, good thermal conductivity, and low production costs for medium to large quantities.
High-Temperature Co-Fired Ceramic (HTCC): Used in extreme high-stress applications, HTCCs offer utility in transmission and reception devices in the telecommunications and aerospace & defense industries, among others. The advantages of HTCCs include ease of integration in metal housing due to matching thermal coefficients, very high thermal conductivity, and excellent mechanical stability. HTCCs find widespread use in defense & aerospace applications.
By Material
Glass-Ceramic: The larger market segment as glass-ceramics find use in the manufacture of LTCCs. This segment is also projected to exhibit the higher CAGR due to the utilization of glass-ceramic LTCCs in emerging markets such as wireless devices.
Ceramic: This segment is seeing steady growth due to the use of ceramics in the manufacture of HTCCs and certain LTCCs. The use of the material is also more cost-effective.
By Application
Telecommunications: According to the Telecommunications Industry Association, the industry generated USD 1.6 trillion in revenue in 2019. The telecommunications segment is projected to be the largest due to the use of LTCCs in virtually every aspect of the industry. Moreover, as bulk co-fired ceramics production tends to be more cost-effective, the large-scale use of co-fired ceramic ICs in telecommunications applications is expected to propel the growth of the segment.
Defense & Aerospace: The dependence on electronics for critical applications in the aerospace & defense industry has led to the widespread use of ICs. The industry requires specialized ICs, necessitating the use of co-fired ceramics.
Automotive: The fastest-growing segment due to the increased application of electronics in various automotive systems. The rapid growth of the automotive industry is also projected to drive bulk CFC production.
Medical: Modern diagnostic tools and computer-assisted surgery rely on chipsets that use CFCs. This segment is growing due to the growth of the global medical market and technological advances in the field.
Consumer Electronics: Representing a significant market share, consumer electronics widely use CFCs in the form of ICs and wireless transmission equipment. The segment is expected to register a stable growth rate.
Others: Virtually all automated manufacturing units, the logistics industry, and tracking technologies extensively use CFCs.
By Region
North America: Technologically very proficient but lacks the low-cost manufacturing capabilities of other regions.
Europe:
Asia-Pacific: The largest and fastest-growing market.
Middle East & Africa
Latin America
Key Players
DuPont (US)
Kyocera Corporation (Japan)
TDK Corporation (Japan)
KOA Corporation (Japan)
HitachiMetals, Ltd (Japan)
CeramTec (Germany)
Yokowo Co., Ltd (Japan)
Murata Manufacturing Co., Ltd (Japan)
NGK Spark Plug Co. Ltd (Japan)
Micro Systems Technologies (Switzerland)
Murawa Co. Ltd (Japan)
Nikko Company (Japan)
IMST GmbH (Germany)
API Technologies (UK)
Selmic Oy (Finland)
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Automotive Power Transfer Unit Market 2020 with Coronavirus (Covid19) Effect Analysis
Automotive Morphing Controls: Introduction
The automotive transfer case is a unit of gears that distributes the power between front and rear axle of an all-wheel drive (AWD) or a four-wheel drive (4WD) vehicle. In the all-wheel drive mode, the transfer case distributes torque among all the four wheels of a vehicle and if one wheel loses traction, higher torque goes to the wheel with less traction.
The power transfer unit is usually made of cast iron or cast aluminum, and the assembly consists of a planetary gear unit. The gear unit transfers power from the transmission to the front and rear axles of vehicles through drive shafts.
Key drivers of automotive power transfer unit market
Increased penetration of utility vehicles across the globe is anticipated to offer significant opportunity to the automotive power transfer unit market. Increasing consumer trends toward luxury and comfort vehicles has prompted automakers to develop vehicles with large cabin space, enhanced ride handling, and better fuel economy, which has led to an increase in sale of the utility vehicles across the globe. Majority of utility vehicle manufacturers focus on increasing power delivery and maintaining vehicle efficiency of vehicles, which in turn offers sizable opportunity for players operating in the automotive power transfer unit market.
Stringent regulations pertaining to vehicle emissions are expected to propel the global automotive power transfer unit market. Automakers are continuously investing in vehicle technologies to reduce the amount of fuel consumption, leading to higher efficiency and lesser vehicle emissions. For instance, in March 2017, American Axle & Manufacturing, Inc. (AAM) announced the launch of QUANTUM driveline technology. This technology is can be adopted in a wide range of vehicles types such as passenger vehicles and commercial vehicles. Additionally, the new technology is lightweight, possesses enhanced power density, improved noise vibration and harshness (NVH) resistance, and improves fuel efficiency. This technology can enhance fuel efficiency by 1% to 1.5%.
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Automotive Power Transfer Unit Market: Restraint
Automotive power transfer cases are not utilized in two-wheel drive vehicles. Therefore, the automotive transfer case witnesses low adoption in two-wheel drive vehicles including entry level segments, hatchbacks, and compact vehicles. This, in turn, is anticipated to hinder the global automotive power transfer unit market.
Asia Pacific to account for major share of global automotive power transfer unit market
In terms of region, the global automotive power transfer unit market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa
Asia Pacific is estimated to lead the of the automotive power transfer unit market during the forecast period owing to increase in focus of automakers on producing high performance SUVs, which are equipped with 4WD or AWD to enhance safety and comfort. Additionally, high demand for passenger vehicles and rise in demand for SUVs (sport utility vehicles) is further propelling the global automotive power transfer unit market in Asia Pacific.
Key Players Operating in Automotive Power Transfer Unit Market
The global automotive power transfer unit market is highly concentrated due to the presence of top manufacturers. A few players operating in the automotive power transfer unit market are:
American Axle & Manufacturing, Inc.
GKN Automotive (GKN Plc)
Eaton
ZF Friedrichshafen
Magna International
BorgWarner
Schaeffler AG
Meritor Heavy Vehicle Systems LLC
Marmon Group
Hyundai Dymos Inc.
Fabco Automotive Corporation
Univance Corporation
Global Automotive Power Transfer Unit Market: Research ScopeGlobal Automotive Power Transfer Unit Market, by Vehicle Type
Hatchback
Luxury Vehicles
Mini Vehicles
Sedan
Utility Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Automotive Power Transfer Unit Market, by Vehicle Drive Type
All-wheel drive
Four-wheel drive
Global Automotive Power Transfer Unit Market, by Engine Drive Type
Chain Drive
Gear Drive
Global Automotive Power Transfer Unit Market, by Transmission
Automatic Transmission
Manual Transmission
Global Automotive Power Transfer Unit Market, by Sales Channel
OEM
Aftermarket
Global Automotive Power Transfer Unit Market, by Region
U.S.
Canada
Germany
France
U.K.
Italy
Spain
Rest of Europe
China
Japan
India
ASEAN
Rest of Asia Pacific
Brazil
Mexico
Rest of Latin America
GCC
South Africa
Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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Polyamide Market , Class, Application, Growth, Dynamics, Revenue, Segmentation, Share, Region and Conditions
Market Highlights: Global Polyamide Market is projected to be valued at over USD 38.56 Billion by 2025 and exhibit a healthy CAGR of over 5% during the assessment period.
The growth of the global polyamide market is primarily driven by the healthy growth of the automotive industry, especially in Asia-Pacific and the Middle East & Africa. The automotive industry is widely incorporating the use of micro-electronics in sensitive automotive applications such as transmission control units and sensors and safety-related applications such as airbag and anti-lock systems. The delicate circuits are often connected to semiconductors via thin wires, which is known as wire bonding. In such conditions, disruptive effects such as corrosion, electrolyte formation, ion migration, and creep currents may arise and, in extreme conditions, may cause the failure of entire assemblies. Plastics for housings and components need to be manufacturers so that they do not react with the metals involved and thus prevent electronic failure, in which case polyamides are being preferred. Additionally, the increasing use of polyamides in the automotive light-weighting coupled with the rising demand for lightweight vehicles is further expected to propel the market growth.
Global Polyamide Market has been segmented based on product type, application, end-use industry, and region.
By type, the global market has been categorized into three segments, namely PA 6, PA 66, and bio polyamides & specialty polyamides. The PA 6 segment, in terms of value, was pegged at USD 14 billion in 2018 and is likely to grow at a 5.24% CAGR during the forecast period, 2019 to 2025. Polyamide 6 (PA 6) is an abrasion-resistant and thermoplastic material, which has a good fatigue resistance and good stiffness. They are used in gears, cams, bearings, rollers, power tool housings, nuts and bolts, combs, electrical connectors, coil formers, kitchen utensils, and fuel tanks for cars, among others.
By class, the global market has been segmented into aliphatic polyamides (nylon class) and semi-aromatic & aromatic polyamides. The aliphatic polyamides (nylon class) segment is further divided into PA 4,6, PA 6,6, PA 6, PA 6,10, PA 6,9, PA 11, and others. Likewise, the semi-aromatic & aromatic polyamides segment is further categorized into PA 6T, PA 6I, poly (p-phenylene terephthalamide, and others. The aliphatic polyamides segment accounted for a share of over 61% in 2018. Aliphatic polyamides are produced on a larger scale compared to semi and fully aromatic polyamides. They are the most important class of engineering thermoplastics. The two most important polyamides are poly (hexamethylene adipamide) (PA 6,6) and polycaprolactam (PA 6), and they possess excellent mechanical properties including high tensile strength, good resilience, high flexibility, low creep, and high impact strength (toughness).
Based on application, the global polyamide market has been segmented into fibers, wire & cables, 3D printing, sports equipment, engine components, brakes & transmission parts, and household goods & appliances, among others. The engine components segment is the major application segment with a market share of over 26% in 2018. The fibers segment held the second-largest share of the market, while the 3D printing segment is likely to witness the highest CAGR during the review period.
By end-use industry, the global polyamide market has been categorized into automotive, electrical & electronics, textile, aerospace & defense, packaging, consumer goods, and others. The automotive segment accounted for the largest market share of 32% in 2018. The automotive industry is the largest consumer of polyamide, wherein it is used in various applications such as engine compartments, radiator systems, fuel supply systems, interior and exterior components, and electrical systems. The substitution of metals with polyamides helps automotive manufacturers reduce production cost by 30%, reduces the weight of a component by 50%, cuts system costs, and contributes to higher fuel efficiency.
Regional Analysis: The Global Polyamide Market has been studied across five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The regional market of Asia-Pacific held the largest market share of 55% in 2018, with a market value of around USD 15 billion. The regional market is projected to register the highest CAGR of over 6% during the forecast period owing to the positive outlook of the automotive and textile industries in the emerging economies of Asia-Pacific.
North America and Europe are the other key regional markets for polyamide and accounted for second-largest and third-largest market shares of the global market in 2018.
Key Players
The Key Players in the Global Polyamide Market are BASF SE (Germany), Evonik Industries AG (Germany), Lanxess (Germany), Arkema (France), DuPont (US), EMS-CHEMIE HOLDING AG (Switzerland), Mitsui Chemicals, Inc (Japan), Toray Industries Inc (Japan), KOLON PLASTIC INC (South Korea), and AdvanSix Inc (US).
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Oil Filter Elements Market : Key Players and Production Information analysis with Forecast 2024
Oil filters are available in various types, depending on the requirement. Oil filters are anticipated to be high in demand as it is a critical part of an engine. When compared to fuel filters, oil filters need consistent up gradation.
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Diesel filters are likely to act as a propelling factor to oil filter market. This is due to technological advancement in vehicles and production of ultra-low sulfur diesel.
Oil filter market is a consolidated one, where 39% of market share is contributed by Denso Corp., a Japan based company along with few regional players. Key players account for other 61% market share. Some of the pioneers in oil filter market are Affinia Group (U.S.), Mann+Hummel (Germany), Clarcor Inc. (U.S.), Fram/UCI (U.S.), Donaldson Co. Inc. (U.S.), Cummins Inc. (U.S.), Sogefi SpA (Italy), and Mahle GmbH (German).
Among all aforementioned companies, Mann+Hummel is leading in oil filter market. The company has wide supply and distribution network across Europe and other parts of world, when compared to its peers. Moreover, the company deals in both original equipment and aftermarket demand such as replacement. This is helping in strengthening foothold in the global oil filter market.
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The company has a strong hold in research and development segment of oil filters. Recently, the company launched an oil filter HU 1291 z. It belongs to the category of filter media. High efficiency of the filter helps in improving the filtration process, when compared to the conventional filter. Moreover, the small size of the filter has reduced the installation space.
To further strengthen its presence in global market, Mann+Hummel is extending its automotive market in China and Thailand. These regions provide substantial potential for growth of oil filter market. Moreover, the company is setting up various testing centers to get a vivid idea of product’s performance in real time. This is helping the manufacturer to introduce consistent innovation in the market.
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Oil filter elements are designed to remove contaminants from circulating oil, transmission oil, engine oil, and hydraulic oil in automobiles. The accumulation of particles in engine oils may increase friction during the piston movement and could affect the efficiency of the internal combustion engines. Clean oil ensures enhanced engine and turbine performances as it both lubricates and cools the engine. Oil filter elements provide constant purification and lubricate the moving parts of the engines by maintaining the oil at a required level. These elements aid the elongation of an engine’s life efficiency by effectively trapping the debris and dirt that harm internal engine parts such as cylinders and pistons. Oil filter elements possess a high dirt holding capacity – a property which is exploited with their incorporation into vehicles. Furthermore, oil production, transport, and recycling processes also depend on oil filter elements for proper functioning.
The recent surge in the total number of vehicles produced has been a major driver of the global oil filter elements market. The rapid expansion of the commercial and passenger vehicle industries is expected to amplify the need for oil filters over the next few years. Growing innovation along with rising demands for additional functions have spurred the oil filter elements market. The increasing amount of disposable income also plays a significant role. Tighter emission norms implemented by governments is another contributing factor currently creating a positive impact on the oil filter elements market. Other propellants include the escalating number of health disorders due to contaminated cabin air, a rising awareness about good quality air, and demands for pressure-stabilized, long-lasting, and high-performance engines.
In terms of the type of media used, the global oil filter element market is divided into the following categories: cellulose media, synthetic media, laminated media, and pure glass media. In addition, filter media can be designed to capture particles through two distinct methods, namely surface retention and depth retention. Based on filter type, the market is split into the primary, secondary (bypass), and combination segments. Oil filter elements can also be characterized with respect to the method used to filter the contaminants or the manner in which the oil flows through the housing. On the basis of material used, oil filter elements are available in spin on filter and filter cartridge varieties. The former can be installed inside the engine valve, while the latter has recently been introduced into the industry. Environmental oil filter elements are another segment – cost-effective and easy to replace.
The oil filter element market expanded rapidly in 2015 and is estimated to exhibit the same trend during the forecast period. It is distributed over Asia Pacific, Europe, North America, Latin America and Middle East & Africa. Asia Pacific is the key market for oil filter element systems because of the rapid industrialization and urbanization in the region. Europe is another important region in terms of usage of oil filter elements due to the technological advancements here. Rising demands for advanced and luxurious automobiles in the region make North America a prominent player in the global oil filter elements market, which is projected to expand to Latin America and the Middle East in the near future.
Key players in the market include MANN+HUMMEL, DENSO CORPORATION, Clarclor Inc, Tokyo Roki Co Ltd Lydall Inc, Syn Lube Incorporated, and Gud Holdings Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Auto Parts Manufacturing market study with key business trends, market size, market share, COVID-19 impact assessment, segment-wise revenue share, region-wise market projections, and comprehensive competitive analysis
Persistence Market Research (PMR) has released a new market study on the auto parts manufacturing market that includes the global industry analysis for 2014–2018 and forecast for 2019–2029. The report on auto parts manufacturing summarizes macroeconomic factors that could assist and influence the growth of the market and forecast factors.
The market for auto parts manufacturing was estimated at ~US$ 363 Bn in 2018 and is anticipated to reach a value of ~US$ 532 Bn by the end of 2029, influenced by the cyclic trend of the automotive industry and new product launches. The auto parts manufacturing market is expected to grow at a moderate CAGR of ~3% during the assessment period.
Prominent automotive parts and components including battery, cooling system, engine & drive train components, underbody components, lighting components, and electrical components are considered in the report. OEM and aftermarket sales channels are considered in the auto parts manufacturing market. Additionally, the report offers a thorough analysis of the auto parts manufacturing market for the coming ten years.
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Carbon Emission Dictating Auto Parts Manufacturing Strategies
Apart from updating and enhancing existing product standards, auto manufacturers are developing and experimenting with innovative technologies that will help enhance vehicle performance?braking, fuel injection, aesthetics, adjunct functioning, and transmission. Thus, the demand for custom-made automotive products such as pumps has increased significantly in the last decade. In order to respond to customized needs of OEMs, pump manufacturers, such as Denso, KSPG AG, and Delphi, are working with OEMs to deliver superior products that are compatible with their existing and new models.
Automotive manufacturers are focusing on reducing the weight of vehicle parts and making them more compact to enhance vehicle performance. In line with this, battery manufacturers are developing batteries with higher functionality and more compact designs for use in vehicles. Analyzing the impact of carbon emissions from automobiles, various governments and regulatory authorities are imposing stringent regulations on automobile manufacturers. As a result of these stringent norms, manufacturers are compelled to design lightweight, compact, and fuel-efficient vehicles. The effective cooling of engine can significantly reduce fuel consumption and hence the emissions.
In order to provide decent cooling, manufactures are improvising the designs of radiators by using lightweight metals and compact sizes. Various auto part manufacturers have successfully expanded to other regions and formed alliances with others to improve their share in the auto parts manufacturing market, develop new products through knowledge sharing, and enhance brand value.
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‘Lightweight’ Auto Parts Continue to Trend
A major factor driving the growth of the global auto parts manufacturing market, in the present scenario, is the increasing vehicle production in prominent regions. Furthermore, due to the growing demand for lightweight automotive vehicles, the automotive industry is also trying to adapt this feature in the auto parts manufacturing market. Moreover, the automotive component industry is required to adhere to multiple guidelines issued by regulating authorities. Such regulations are compelling manufacturers to develop products compatible with the regulations. Manufacturers are focused on consolidating the market through long-term contracts with major automobile producers and aftermarket sales through on spot service and online sales.
Asia Pacific is the leading market for auto parts manufacturing in terms of revenue. China is expected to hold significant revenue share in the Asia Pacific auto parts manufacturing market through 2029 owing to high vehicle production. The U.S. auto parts manufacturing market is projected to hold significant market share in terms of value in the global auto parts manufacturing market over the forecast period. This is attributed to the traction for lightweight components to improve vehicle’s performance and efficiency.
The PMR report has covered a few prominent participants operating in the auto parts manufacturing are
Robert Bosch GmbH
Denso Corporation
Valeo SA
Continental AG
Aptiv PLC
ZF Friedrichshafen AG
Magna International Inc.
Faurecia S.A.
Magneti Marelli SpA
Aisin Seiki Co., Ltd.
Brembo S.p.A.
AKEBONO BRAKE INDUSTRY CO., LTD.
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Report Highlights:
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Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
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