#COVID-19 Impacts On Off-highway Vehicle Lighting Market
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Off-Highway Vehicle Lighting Market 2022 | LED Segment Is Estimated To Expand At The Highest CAGR
The global off-highway vehicle lighting market size is projected to reach USD 1.83 billion by 2030, exhibiting a CAGR of 7.5% according to a new report by Grand View Research, Inc. The growing emphasis on public infrastructure development is expected to drive the demand for off-highway vehicles, which bodes well for the industry growth over the forecast period. Moreover, continued advancements in product technologies, coupled with stringent government regulations, are also anticipated to support market growth over the forecast period.
The growing population in Asian countries, such as China and India, is driving the need for better public infrastructure. Governments in these economies are aggressively investing in infrastructure development projects. For instance, in India, the government is expected to invest USD 670.5 billion (INR 50 trillion) to improve the country's public infrastructure. The country’s government has also announced several plans for infrastructure development to be undertaken in the next few years. For example, the "Bharatmala Yojana" includes provisions for improving the road networks throughout the country. The Indonesian government has more than 20 projects lined up for the development of more than 52,000 of its rural villages by building better roads, houses, hospitals, and other necessary infrastructure. These ongoing and proposed investments in infrastructure development projects are expected to drive the demand for off-highway vehicles, which is expected to bode well for the growth of the market.
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The off-highway vehicle lighting landscape is evolving continuously as manufacturers offer products based on the latest technologies to ensure enhanced safety, improved performance, and better aesthetics. At present, companies, such as Grote Industries, Truck-Lite, HELLA GmbH & Co. KGaA, and ABL Lights Group, are providing off-highway vehicle LED lights for various off-highway vehicle applications such as headlights, indicator lights, side lamps, and taillights. Simultaneously, construction equipment makers are also introducing equipments with advanced work lights to provide adequate illumination and visibility at worksites. For instance, Caterpillar, a manufacturer of heavy construction, mining, and material handling equipment, provides multiple types of work lights, including LED, halogen, high-intensity discharge (HID), and LED floodlights, on its construction equipment. These lights are also provided as an optional fitment for aftermarket installation.
The Asia Pacific regional market contributed to around 34.1% of the off-highway vehicle lighting demand in 2021 and is estimated to register at a CAGR of 6.1% over the forecast period. This growth can be attributed to the increasing adoption of off-highway equipment used in infrastructure development activities in countries such as China, India, Japan, and Taiwan. The market in the Middle East and Africa (MEA) is projected to expand at the highest CAGR over the forecast period. GCC countries, including Saudi Arabia, the UAE, Oman, and Qatar, particularly, have several multi-million-dollar infrastructure projects lined up, which is anticipated to increase the demand for construction equipment in the forthcoming years.
#Off-highway Vehicle Lighting Market Size & Share#Global Off-highway Vehicle Lighting Market#Off-highway Vehicle Lighting Market Latest Trends#Off-highway Vehicle Lighting Market Growth Forecast#COVID-19 Impacts On Off-highway Vehicle Lighting Market#Off-highway Vehicle Lighting Market Revenue Value
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Green Tires Market SWOT analysis, Growth, Share, Size and Demand outlook by 2031 | PPG Industries Inc, Pirelli Tyre SpA, Bridgestone
Global Green Tires Market report from Global Insight Services is the single authoritative source of intelligence on Green Tires Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Green tires are made from a variety of sustainable materials, including natural rubber, bamboo, and even recycled tires. The production of green tires is often done using environmentally-friendly methods, such as rainwater harvesting, to minimize the impact on the environment.
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Key Trends
There are a few key trends in Green Tires technology.
One is the use of recycled materials. More and more companies are using recycled materials in their tires, which helps to reduce waste and environmental impact.
Another trend is the use of alternative materials, such as soybean oil or bamboo, in tires. This helps to reduce the reliance on petroleum-based products.
Key Drivers
Green Tires market is driven by the need for fuel efficiency, as drivers seek to save on fuel costs. In addition, environmental concerns are driving the market for Green Tires as consumers look for ways to reduce their carbon footprint. The increased demand for Green Tires is also driven by government regulations, as countries look to reduce emissions and promote sustainable transportation.
Market Segments
By Type
On- road tires
Off- road tires
By Application
Passenger Cars
Light Commercial Vehicle
Heavy Commercial Cars
By Region
North AmericaThe U.S.
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Key Players
PPG Industries Inc
Pirelli Tyre SpA
Bridgestone
Green Arc Tire Manufacturing
Goodyear Tire & Rubber
Michelin North America
Continental
Maxxis
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In-depth segmentation which can be customized as per your requirements
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Exclusive Research Report On Automotive Windshield Washer System Market 2022.
The Automotive Windshield Washer System Market is expected to grow from US$ 6,435.4 million in 2021 to US$ 9,234.3 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
Sustainable competitive advantage plays a significant role as many automotive windshield washer system market players offer products, components, and washer systems with few areas of differentiation amongst competitors. Therefore, a strategic investment into the development of a washer system that features low-cost, innovative, and efficient solutions can provide a significant business opportunity for the automotive windshield washer system market players in the coming years. For instance, Ford Global Technologies LLC patented a windshield washer system during cold weather conditions during the early 2000s. Hence, continuous investment into strategic research & development, partnerships, and alliances with stakeholders will yield market-disrupting solutions and simultaneously provide several lucrative business opportunities for the market players in the coming years.
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Automakers are opening new manufacturing sites or moving existing ones in growing automotive markets to meet the growing demand for aftermarket and OEM products. According to ACEA, there are currently 301 automobile factories operational across Europe, producing passenger cars, light commercial vehicles, heavy-duty vehicles, buses, engines, and batteries, as of 2022. After the European car industry's production shifted to Eastern Europe, Africa became the next point for automotive production and a growing consumer market. As a result, as per the Deutsche Welle, Stellantis, the world's fourth-largest automotive maker, plans to increase expenditure on automotive parts manufactured in Morocco from €600 million to €3 billion by 2025. The growth of OEM production plants in these nations will increase the potential for windshield washer system suppliers, which is influencing the growth of the automotive windshield washer system market.
Impact of COVID-19 Pandemic on Asia Pacific Automotive Windshield Washer System Market
Asia-Pacific constitutes the world’s two most populated countries and manufacturing hubs across India and China. China imposed strict lockdown and social isolation, which discontinued the manufacturing and production of numerous automotive OEMs and OESs for several weeks resulting in a decline in the demand for automotive windshield washer systems. Moreover, the country also isolated its import and export of critical raw materials and components for numerous automotive vehicles, impacting the supply chain of various end-user industries. Similarly, India also imposed a nationwide lockdown to mitigate the growing number of COVID-19 cases. As a result, the subsequent lockdown and disruption of numerous industrial equipment across China and India contributed significantly, thus adversely impacting the automotive windshield washer system market growth across Asia-Pacific. Further, the closure of several wholesalers, distributors, and sales representatives witnessed limited availability of automotive aftermarket products or related components from other European-and North American-based market players.
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Key Findings of Study:
Based on component, the automotive windshield washer system market is segmented into hose & connectors, nozzles, reservoirs, pumps, and wipers. In 2021, the pumps segment held the largest market share. Based on end user, the automotive windshield washer system market is segmented into commercial vehicle, passenger vehicle, and off-road highway vehicle. In 2021, the passenger vehicle segment held the largest market share. By geography, the automotive windshield washer system market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Asia Pacific accounted for a significant share of the automotive windshield washer system market.
Company Profiles in the Automotive Windshield Washer System Market Report
Robert Bosch GmbH
Bowles Fluidics
Continental AG
Denso Corporation
Doga
Hella
Kautex
Mergon Group
Mitsuba Corporation
Trico Products Corporation.
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India Electric Two-Wheeler Market - Strategic Assessment, Latest Innovations, Drivers, Opportunities, Trends, Demand, Development and Forecast to 2027
India Electric Two-Wheeler Market Insights, Forecast to FY 2027", is added to the record of market research insights of VynZ Research. The report offers an exclusive study of the India Electric Two-Wheeler Market and refers to the key opportunities and growth drivers that are triggering the Indian market. Emerging trends and their impact on the current as well as future market developments are also covered in the report.
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However, the VynZ Research report throws light on the industry-specific growth and its challenges confronted by the major companies and the India Electric Two-Wheeler Market as a whole. This will help market participants to make meaningful decisions in terms of greenfield or brownfield investments on the behalf of the company.
According to Latest Study and Research by VynZ Research the India Electric Two-Wheeler Market size predicted to grow at 45.0% CAGR and will reaching 635.9 thousand units by 2027 during the forecast period 2021-2027.
COVID-19 Pandemic:
Experts and Analysts of India Electric Two-Wheeler Market have identified the steps or strategies that the businesses are employing to combat the impact of COVID-19. The opportunities emerging post-COVID-19 pandemic are also studied in the report. Players will be able to take advantage of possibilities to recover losses and stabilize their operations.
Market Segmentation:
To understand the global and regional markets of the India Electric Two-Wheeler Market, the industry experts have studied the global by various segmentations, which include, vehicle, drive type, and off-highway vehicle. The analysis is based on the market share, size, CAGR, consumption, and production. Furthermore, market analysts have an emphasis on the potential regions, along with their respective major countries, which are forecasted to make a significant contribution to the India Electric Two-Wheeler industry growth.
Market Coverage:
By Product
E-scooters
E-bikes
E-motorcycles
Others
By Battery Type
Sealed Lead Acid
Li-ion
Ni-MH
By Technology
Plugin
Battery
By Voltage
24V
36V
48V
60V
72V
Major players operating in the global India Electric Two-Wheeler industry are also widely covered in the report. The India Electric Two-Wheeler report offers a definite understanding of the supplier’s landscape and the development of upcoming plans, which are likely to take place in the coming years. This report will act as an effective tool for the market players to apprehend the competitive scenario in the India Electric Two-Wheeler Market and accordingly plan their strategic activities.
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Key Players:
Yadea Technology Group
Hero Electric Vehicles Pvt. Ltd.
Okinawa Autotech Pvt. Ltd.
Ather Energy
Spero Electric
Lohia Auto Industries
#India Electric Two-Wheeler Market#India Electric Two-Wheeler Market Size#India Electric Two-Wheeler Market Growth#India Electric Two-Wheeler Market Demand#India Electric Two-Wheeler Market Forecast
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Off-Highway Vehicle Lighting Market COVID-19 Impact Insights & Technological Developments
The global off-highway vehicle lighting market is estimated to attain USD 1.31 billion, by the end of 2025, and is anticipated to grow at a CAGR of 7.0% from 2018 to 2025, according to a new report by Million Insights. The increasing requirements for mining and construction equipment along strict government regulations are boosting the market growth. The growing awareness about safety of the workers is also expected to increase the demand for the off-highway vehicle lighting in the next few years.
Further, the government authorities across the world are focusing on making strict policies on the use of efficient vehicle lighting in residential and commercial applications. Some of the countries have banned the use of HID lamps. For example, national highway traffic safety administration has stopped the use of tail lights with amber lamps. The government of Canada has also defined the regulations regarding the lamps or lights to be used in trucks, buses, and other vehicles. LED lighting solutions are highly energy-efficient and helps in reducing the greenhouse gases emissions. This is projected to increase the demand for LED, halogen lights.
All these key initiatives have surged the demand for LED lights. LED lights are highly efficient and have a large lifespan of over five years, are widely used for off-highway lighting vehicle applications. Asia Pacific is projected to dominate the market in the coming few years. The growing mining and construction sites in the countries like China and India are supporting the market growth. These key factors are expected to increase the demand for dump trucks, loaders, excavators in the construction application.
Market Share Insights
Leading players in the market include Truck-Lite Co.; Grote Industries; Oracle Lighting; APS Lighting and Safety Products; ECCO Safety Group Co.; HELLA GmbH; and WESEM.
Manufacturers engage in new product launches, innovations to expand their product offerings. For example, Grote Industries has introduced LED strips suitable for heavy equipment in 2017.
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In 2017, Asia Pacific accounted for USD 276.2 million in terms of global revenue in the overall market. It is projected to grow at a CAGR of over 5.1% from 2018 to 2025. The growing adoption of advanced machinery and skilled labor especially in countries such as Japan, Taiwan, and China is supporting the market growth. Additionally, the reduced production cost is also spurring the demand for vehicle lighting products.
The Middle East and Africa region are estimated to grow at the highest CAGR over the forecasted period,2018 to 2025. The increasing mining and construction activities are primarily contributing to market growth. Latin America region is also projected to propel at a significant rate in the coming few years. All these key factors are anticipated to surge the heavy machinery equipment demand.
Impact of COVID-19
COVID-19 outbreak has adversely affected the supply chain of the off-highway vehicle lighting market. Manufacturers are facing challenges in export & import activities in raw materials shipments of electronic& electrical equipment. However, some of the companies have resumed their manufacturing operation but are working with minimum capacity.
Several automotive companies outsource over 30.0% of auto parts from China. However, lockdown restriction and logistic concerns are imposing challenges to OEMs operating in vehicle lighting manufacturing. Increasing penetration of LED lights owing to their high energy efficiency and cost-effectiveness is expected to boost the market growth in the next few years. Thus, traditional fluorescent and HID lights are now rapidly replaced by LED projectors, reflectors.
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Global Diesel Particulate Filter Research Report 2022 - Industry Size, Share, Demands, Regional Analysis & Estimations Till 2028
The Global Diesel Particulate Filter Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Diesel Particulate Filter industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.
Base Year: 2021
Estimated Year: 2022
Forecast Till: 2023 to 2028
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Diesel Particulate Filter market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide Diesel Particulate Filter market with company profiles of key players such as:
Bosal International NV
Delphi Automotive LLP
Dinex A/S
Donaldson Company, Inc.
Eberspächer Group
Faurecia SA
HJS Emission Technology GmbH & Co. KG
Hug Engineering AG
HUSS Inc.
IBIDEN CO., LTD.
Johnson Matthey GmbH & Co KG
Mann+Hummel Group
NGK Insulators Ltd.
Pirelli & C. S.p.A.
Tenneco Inc.
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Diesel Particulate Filter Market Analysis by Product Type:
Cordierite DPF
Silicon Carbide (SiC) DPF
Other Types
Diesel Particulate Filter Market Analysis by Applications:
Truck
Buses
Off Highway
Light Commercial Vehicles
Diesel Particulate Filter Market Analysis by Geography:
North America (USA, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
What is the expected growth of the Diesel Particulate Filter market between 2022 to 2028?
Which application and type segment holds the maximum share in the Global Diesel Particulate Filter market?
Which regional Diesel Particulate Filter market shows the highest growth CAGR between 2022 to 2028?
What are the opportunities and challenges currently faced by the Diesel Particulate Filter market?
Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
What business strategies are the competitors considering to stay in the Diesel Particulate Filter market?
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#Diesel Particulate Filter Market#Diesel Particulate Filter Market Report#Diesel Particulate Filter Market Size#Diesel Particulate Filter Market Research Report
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Automotive turbocharger market - Market Analysis, Cost, Production Value, Price, Gross Margin and Competition
Market Analysis
The global turbocharger market is predicted to grow at a healthy 7% CAGR between 2016- 2022, reveals the latest Market Research Future (MRFR) report. A turbocharger is used for improving the volumetric efficiency of an internal combustion engine by increasing the density of gas intake. The output of the internal combustion engine is increased sans increasing its capacity through a turbocharger. This is a centrifugal blower that produces an air of a high pressure to improve the IC engine’s power.
Several factors are adding to the global turbocharger market growth. These factors, as per the MRFR report, comprise the growing need for electric cars, rising fuel prices, the trend towards green vehicle, the need for fuel-efficient car engines & gasoline engines, increasing production and manufacturing of lightweight and heavy cars, robust urbanization, and need for improved engine power. Additional factors adding market growth include strict environmental regulations, the need for fuel-efficient engines, ongoing industrialization, global trade activities, the need for automobile turbochargers from developed and developing countries, and demand for twin turbochargers.
On the flip side, the need to comply with emission regulations and high prices may hamper market growth over the forecast period.
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COVID-19 Analysis
The COVID-19 outbreak had a twin effect on the turbocharger market. On the one hand, supply chain disruptions, closure of manufacturing facilities, and delay in car production, especially commercial cars equipped with turbochargers, had a negative impact on the market growth. While on the contrary, the use of turbo-boosting laptops during the work from home trends to avail uninterrupted power service at home are having a positive impact on the market growth. Besides, the resumption of the overall manufacturing sector due to the gradual lifting of lockdowns is also adding market growth.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global turbocharger market based on application, material, vehicle type, sales channel, fuel type, and technology.
By application, the global turbocharger market is segmented into agriculture and construction, marine, automotive, and others. Of these, the automotive segment will have the lion's share in the market over the forecast period.
By fuel type, the global turbocharger market is segmented into gasoline and diesel. Of these, the gasoline segment will dominate the market over the forecast period.
By vehicle type, the global turbocharger market is segmented into off-highway vehicles, heavy commercial vehicle, light commercial vehicle, and passenger cars. Of these, the heavy commercial vehicle will spearhead the market over the forecast period.
By sales channel, the global turbocharger market is segmented into aftermarket and OEM.
By technology, the global turbocharger market is segmented into electric turbocharger, wastegate, VGT/VNT, and others. Of these, the electric turbocharger will lead the market over the forecast period.
By material, the global turbocharger market is segmented into aluminium, cast iron, and others. Of these, the aluminium segment will sway the market over the forecast period.
Regional Analysis
By region, the global turbocharger market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will rule the market over the forecast period. Growing demand from India, China, and Japan, cheap labor, low raw material prices, strict government regulations, large population base, increase in disposal incomes, and high penetration of diesel passenger cars and light vehicles are adding to the turbocharger market growth in the region.
In North America, the turbocharger market is predicted to have the second-largest share over the forecast period. The growing need for new cars, adoption of automotive turbochargers, demand for low-emission cars, government regulations on car emissions, and increased production of cars are adding to the global turbocharger market growth in the region.
In Europe, the turbocharger market is predicted to have healthy growth over the forecast period for the increasing application of the latest technology in automobiles.
In the RoW, the turbocharger market is predicted to have sound growth over the forecast period.
Key Players
The prominent players profiled in the global turbocharger market report include Continenetal AG (Germany), Mitsubishi Heavy Industries (Japan), Rotomaster International (Canada), Borgwarner and Inc (US), Precision & Turbo (US), Bosch Mahle Turbo Systems GmbH (Germany), Honeywell International Inc (US), Eaton Corporation (Ireland), and Cummins Inc (US), among others.
Industry Updates
January 2021- AVL Powertrain UK Ltd has selected Liebherr Aerospace Toulouse to deliver 25 kW, 400 V two-stage electric turbochargers for supporting the creation of fuel cell electric demonstrators for commercial cars.
Table of conyent
1 Executive Summary
2 Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Assumptions 15
2.4 Market Structure 16
3 Research Methodology
3.1 Research Process 17
3.2 Primary Research 17
3.3 Secondary Research 18
3.4 Market Size Estimation 18
3.5 Forecast Model 20
4 Market Dynamics
4.1 Drivers 21
4.1.1 Continuous Growth In Global Automotive Industry 21
4.1.2 Sales Of Vehicle, 2012-2020 22
4.1.3 Stringent Vehicle Emission Regulations 22
Continued………
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Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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Also Read More From MRFR:
https://www.marketwatch.com/press-release/electric-car-rental-market-2021-industry-size-share-growth-factors-top-vendors-end-users-opportunities-and-forecast-by-2027-2021-07-19?tesla=y
https://www.marketwatch.com/press-release/e-bike-market-2021-industry-size-share-growth-factors-top-vendors-types-cagr-status-applications-and-forecast-by-2027-2021-07-19?tesla=y
https://www.marketwatch.com/press-release/off-road-high-performance-vehicle-market-2021-industry-size-share-growth-company-profiles-regional-outlook-and-forecast-by-2027-2021-07-19?tesla=y
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Steering Gear Market To Witness Huge Gains Over 2021-2031
Future Market Insights research on the Steering Gear Market offers a comprehensive overview for the forecast period of 2021-2031. It uncovers hidden opportunities and studies growth trajectory across various segments. The study also offers an unbiased analysis by analyzing historical demand and future projections from a bird’s eye perspective. The report identifies some of the lucrative Markets across the globe. FMI delivers an insightful coverage on the Steering Gear Markets latest trends, drivers, challenges, opportunities and restraints that the Market is expected to prevail in the upcoming decade.
According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Steering Gear Market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.
COVID-19 Impact on Automotive Industry
With the onset of COVID-19, the automotive companies and Market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Steering Gear Market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.
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The COVID-19 outbreak had a swift and severe impact on the automotive sector. Affects included disruption in supply chain activities and overall vehicle production. Starting in China, vehicle and vehicle part manufacturers around the world either placed their production lines on quarantine or shut down completely. This led to severe impact on automotive sales, thus hindering the Steering Gear Market.
However, with recovery already registered in certain countries, future prospects are expected to improve for the Steering Gear Market.
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Steering Gear Market: Segmentation
To gain a better perspective on the latest trends and opportunities, the information has been classified into key segments and sub-segments.
By Type:
Rotary
Rack
Hydraulic
By Vehicle Type:
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Off-highway Vehicles
Steering Gear Market: Competitive Analysis
The report on the Steering Gear Market report offers a detailed analysis of some of the leading players operating in the Market. It examines the impact of key strategies adopted by the Market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.
Key players covered in the report include:
YAS co., Ltd
ZF
Mitsubishi Electric Corporation
Sona Koyo Steering System Ltd.
JTEKT Corporation
Nexteer Automotive
Thyssen Krupp Presta
Robert Bosch Automotive Steering GmbH
Others
Critical Questions Answered in the Report
Which are the top manufacturing companies operating in the Steering Gear Market?
What will be the future outlook of the Steering Gear Market in the upcoming decade?
Which are the some of the lucrative Markets for Steering Gear Market?
Which factors will drive the Steering Gear Market growth?
What are the challenges faced by the prominent players of the global Steering Gear Market?
Significant Contributions of the Report
Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the Market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the Market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional Market to provide Market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry
About FMI
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Automotive Differential Market by Type (Open, Locking, LSD, ELSD, Torque Vectoring), Drive Type (FWD, RWD, AWD/4WD), ICE & Hybrid Vehicle, Off-Highway (Construction & Mining, Ag Tractor, Forklift), Component Aftermarket and Region - Global Forecast to 2025 published on
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Automotive Differential Market by Type (Open, Locking, LSD, ELSD, Torque Vectoring), Drive Type (FWD, RWD, AWD/4WD), ICE & Hybrid Vehicle, Off-Highway (Construction & Mining, Ag Tractor, Forklift), Component Aftermarket and Region - Global Forecast to 2025
“Increase in demand for SUVs and premium cars to boost the AWD/4WD drive type positively impacting the differential market.”
The AWD/4WD systems are primarily used in the premium segment cars and SUVs. Improving economic conditions, increasing industrialization, and improved living standards of the consumers around the world have increased the demand for premium segment cars and SUVs. Following this demand-led growth, key OEMs have begun to focus on the development of customer-centric SUVs, compact SUVs, or MUV models. These factors would consequently influence the market for multi-wheel drive systems, which in turn would drive the demand for the automotive differential.
With progression in time, the COVID-19 impact has severely disrupted the supply chain for entire automotive ecosystem. This has halted production facilities across the globe resulting in disruption in the exports of the automotive components. This scenario is expected to affect automotive differential market, as the growth of the market is directly related to the production of the vehicles. The global production of vehicle pre-COVID-19 was expected to reach from ~90-95 million units in 2020 to ~110-115 million units by 2025. According to OICA, though global vehicle production declined by 5.2% between 2018-2019, the production outlook was supposed to showcase significant growth from 2021-2022 owing to multiple steps taken by OEMs, as well as some government, to attract customers.
“Electronic limited slip differential to be the fastest growing differential type of the automotive differential market.”
The differentials are now getting replaced by the Electronic Limited Slip Differential (ELSD). The ELSD system provides sufficient torque to each wheel with the help of an electronic control unit. The system is useful in case of slippage, as the extra torque is transferred to the wheels with the most traction. The system offers better handling during high-speed curves and lane changes.
“Asia Oceania to be the largest growing market for Automotive Differential Market”
The Asia Pacific region is estimated to dominate the automotive differential market and is projected to be the fastest growing market during the forecast period. Asia Oceania is projected to lead owing to the large vehicle production compared to other regions. Asia Oceania contributed about 50–55% of the global vehicle production in 2019. With the increase in vehicle production, the demand for automotive differential is projected to grow at a significant rate. Also, a growing inclination towards all-wheel and four-wheel drive integrated vehicles in Asian countries has increased the popularity of off-road vehicles and sports cars. These factors are likely to attribute to the overall market growth during the forecast period.
The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
Breakup of primary respondents
The study contains insights provided by various industry experts, ranging from differential manufacturers, OEMs, and Tier-1 suppliers to regional associations members. The break-up of the primaries is as follows:
By Stakeholder: Demand Side – 20%, Supply Side – 80%
By Designation: C level – 10%, D level – 30%, Others – 60%
By Region: North America – 20%, Europe – 20%, Asia Oceania – 60%
The automotive differential market is led by globally established players such as GKN (UK), JTEKT (Japan), Eaton(Ireland), Schaeffler (Germany), American Axle (US) and ZF (Germany). The study includes an in-depth competitive analysis of these key players in the automotive differential market with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies.
Research Coverage
The automotive differential market has been segmented on the basis of drive type (front wheel drive, rear wheel drive, and AWD/4WD), differential type (open differential, locking differential, limited-slip differential, electronically controlled limited-slip differential, and torque vectoring differential), aftermarket components (differential bearings, differential gears, and differential case), on highway vehicle (passenger car, light commercial vehicles, buses, and trucks), off-highway vehicle (construction & mining equipment, agriculture tractors, forklifts), hybrid vehicle (PHEV) and region (Asia Oceania, Europe, North America, and RoW).
Key Benefits of Buying the Report:
This report provides insights with reference to the following points:
Country-level market for automotive differential by Differential type: The report offers in-depth market sizing and forecast up to 2025, by differential type (open differential, locking differential, limited-slip differential, electronically controlled limited-slip differential, and torque vectoring differential). The market sizing for the hybrid and off-highway vehicle market is covered at regional levels.
Market coverage by aftermarket component & hybrid vehicle type for PHEV at the regional level
The report provides “Market Share” of the leading players in the automotive differential market.
Market Development: The report provides comprehensive information about lucrative emerging markets for automotive differential market across different regions.
Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive differential market.
Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive differential market.
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Automotive Differential Market 2022: Strategic Assessment, Latest Innovations, Drivers, Opportunities, Trends, Development and Forecast to 2027
Global Automotive Differential Market Insights, Forecast to FY 2027", is added to the record of market research insights of VynZ Research. The report offers an exclusive study of the global automotive differential market and refers to the key opportunities and growth drivers that are triggering the global market. Emerging trends and their impact on the current as well as future market developments are also covered in the report.
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However, the VynZ Research report throws light on the industry-specific growth and its challenges confronted by the major companies and the automotive differential market as a whole. This will help market participants to make meaningful decisions in terms of greenfield or brownfield investments on the behalf of the company.
According to Latest Study and Research by VynZ Research the global automotive differential market size reach USD 18.8 Billion in 2020 and predicted to reach market size USD 26.2 Billion by 2027 with a CAGR of 5.9% during the forecast period 2021-2027.
COVID-19 Pandemic:
Experts and Analysts of automotive differential market have identified the steps or strategies that the businesses are employing to combat the impact of COVID-19. The opportunities emerging post-COVID-19 pandemic are also studied in the report. Players will be able to take advantage of possibilities to recover losses and stabilize their operations.
Market Segmentation:
To understand the global and regional markets of the global automotive differential market, the industry experts have studied the global by various segmentations, which include, vehicle, drive type, and off-highway vehicle. The analysis is based on the market share, size, CAGR, consumption, and production. Furthermore, market analysts have an emphasis on the potential regions, along with their respective major countries, which are forecasted to make a significant contribution to the automotive differential industry growth.
Market Coverage:
By Vehicle
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
By Drive Type
Open Differential
Locking Differential
Limited Slip Differential
Electronic Limited Slip Differential
Torque Vectoring Differential
By Off-Highway Vehicle
Construction & Mining Equipment
Agriculture Tractors
Forklift
Major players operating in the global automotive differential industry are also widely covered in the report. The automotive differential report offers a definite understanding of the supplier’s landscape and the development of upcoming plans, which are likely to take place in the coming years. This report will act as an effective tool for the market players to apprehend the competitive scenario in the global automotive differential market and accordingly plan their strategic activities.
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Key Players:
American Axle & Manufacturing, Inc. (AAM)
BorgWarner Inc.
Dana Incorporated
Eaton
Hyundai Wia Corporation
JTEKT Corporation
Linamar Corporation
Melrose Industries PLC
Schaeffler Group
ZF Friedrichshafen AG
GKN
Continental AG
Auburn Gear
LLC
Neapco Holdings LLC
Magna International Inc.
Drexler Companies Inc.
RT Quaife Engineering Ltd.
Xtrac Ltd
NSK Ltd.
Bharat Gears Ltd.
CUSCO Japan Co. Ltd.
Zen Technologies Limited
Kermanmotor Co.
#Automotive Differential Market#Automotive Differential Market Size#Automotive Differential Market Growth#Automotive Differential Market Demand#Automotive Differential Market Forecast#Automotive Differential Market Segments#Automotive Differential Market Opportunities#Automotive Differential Market Research Report
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Passenger Cars Applications will be Leverages Significantly by Players in the Driveline Additives Market through 2029
A report by Fact.MR sheds light on some of the prominent trends and opportunities pertaining to the growth of the global Driveline Additives market. The industrial trends existing in the global Driveline Additives market have played a vital role in driving sales across the world. The global Driveline Additives market is at an important crossroads as several growth opportunities fall into the kitty of the leading market vendors. Furthermore, the market has also reaped the benefits of quality assurance fostered by these vendors. The customer base of the Driveline Additives market has expanded to new regions and territories as the marketing efforts of prominent vendors reap the fruits of excellence. Therefore, it is safe to ascertain that the global Driveline Additives market Review would move along a lucrative trajectory in the years to follow.
The global Driveline Additives market is expected to expand at a stellar CAGR of x.r% over the forecast period ranging from 2019 to 2029. Furthermore, the presence of a seamless industrial and manufacturing sector is projected to take the total worth of the market to XX Mn/Bn by the end of this forecast period.
The COVID-19 pandemic has exerted global shocks in several industries, markets, and sectors. Therefore, it is safe to say that the global Driveline Additives market is required to focus on minimizing the impacts of the crisis. Disruptions in the supply chain have been the primary cause of market losses, creating a void for several vendors. The global Driveline Additives market could recover from these shocks through a pragmatic and sound strategy focused on revenue generation and loss minimization.
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The demand and sales forecasts made in the report in question correspond to the following period:
History Year: 2014 – 2018
Base Year: 2014
Estimated Year: 2019
Forecast Year: 2019 – 2029
The key regions mentioned in the report in question are:
· North America (U.S., Canada)
· Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
· Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
· East Asia (China, Japan, South Korea)
· Japan
· APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
· South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)
· Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)
The global Driveline Additives market is expected to witness a surge in demand as government regulations and policies favor the popularity of products sold within the market. There has been a formidable increase in investments made by private and public entities towards improvements in the quality and service of Driveline Additives products. Henceforth, it is safe to say that the global Driveline Additives market is slated to touch new heights in terms of demand and sales. The global Driveline Additives market can be segmented on the basis of:
Based on End-Use
Passenger Cars
Commercial Vehicles
Off-highway Vehicles
Based on Type
Transmission Fluid Additives
Gear Oil Additives
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All of these applications are assessed and analyzed with a pensive eye while considering the various industrial uses of Driveline Additives products. The following factors pertaining to the expansion of the global Driveline Additives market have been enunciated in the report:
The impact of industry trends, state policies, and government ordinances on the growth of the global Driveline Additives market
The role of competitors in popularizing their products and causing an uptick in sales across the global Driveline Additives market
Advancements in the technological landscape and their impact on the growth of the global Driveline Additives market
The policies and strategies of leading investors and stakeholders who have dipped their feet into the market.
The report gives a pinpoint view of the strategies of the following leading companies in the global Driveline Additives market:
BASF SE, BRB International, Chevron Oronite Company, LLC, Infineum International Limited, Lubrilic, Lubrizol Corporation, Vanderbilt Chemicals, LLC among others
The report also answers the following questions in relation to the global Driveline Additives market:
How has the growth of the market impacted the investment decisions of leading entities?
What is the magnitude of support offered by government entities in enabling the inflow of fresh revenues into the global Driveline Additives market?
What is the role of marketing and promotions in propelling demand within the global Driveline Additives market?
What are the highlights of the competitor landscape, and how would this setting change with the entry of new players?
Why Choose Fact.MR?
Fact.MR follows a multi-disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.
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Automatic Tire Inflation System Market Analysis, Segmentation, Challenges and Opportunities to 2027
The Global Automatic Tire Inflation System Market research report offers accurate insights for the growth prospects of the Automatic Tire Inflation System market in the forecast years 2020-2027. The report is an all-inclusive study of the Automatic Tire Inflation System market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.
Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic. The global public health emergency has disrupted the lives of everyone across the globe. It has also had a substantial impact on the Automatic Tire Inflation System industry as global supply chains have been disrupted, and the financial scenario is tight. The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.
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Scope of the Market Report:
The report offers a holistic overview of the Automatic Tire Inflation System industry that offers all the essential information. Furthermore, the market is segmented into product types, applications, end-user industries, and regions. The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals. It also sheds light on the market size and analyzes the market position. Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
EnPro Industries (U.S.), WABCO (Belgium), Goodyear (U.S.), Michelin (France), SAF-HOLLAND (Luxembourg), The Boler Company (U.S.), Dana Incorporated (U.S.), and IDEX Corporation (U.S.)..
Type Outlook (Revenue in USD Million, 2017-2027)
Continuous Tire Inflation System
Central Tire Inflation System
Component Outlook (Revenue in USD Million, 2017-2027)
Rotary Union
Air Delivery System
Pressure Sensor
Buffer Tank
Housing
Compressor
Electronic Control Unit (ECU)
On-Highway Vehicle Outlook (Revenue in USD Million, 2017-2027)
Passenger Car
Commercial Vehicle
Off-Highway Vehicle Outlook (Revenue in USD Million, 2017-2027)
Agricultural Vehicles
Construction Vehicles
Electric Vehicle Outlook (Revenue in USD Million, 2017-2027)
Hybrid Electric Vehicle
Plug-In Hybrid Electric Vehicle
Battery Electric Vehicle
Fuel Cell Electric Vehicle
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Additionally, the report covers an analysis of the key market regions where the market has substantial size and share. Along with the regions, the report also offers a country-wise analysis to enable better comprehension of the market competition. The key regions covered in the report are as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Summary of the Report:
The report offers a growth estimate for 8 years along with a forecast for market valuation
A thorough qualitative and quantitative analysis of the Global Automatic Tire Inflation System Market
Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
Strategic recommendations for new entrants and established players
Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
In-depth regional analysis to offer a panoramic view of the Automatic Tire Inflation System market along with a better understanding of the market’s competitive scenario
To read more about the report, visit @ https://www.reportsanddata.com/report-detail/automatic-tire-inflation-system-market
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#Automatic Tire Inflation System Market#Automatic Tire Inflation System Market trends#Automatic Tire Inflation System Market Size#Automatic Tire Inflation System Market Demand
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Vehicle Instrument Cluste Market 2021, Global Trends, Demand, Key Players, Strategic Analysis, Industry COVID-19 Impact Forecast till 2025
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Vehicle Instrument Cluste Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the threats faced by key players.
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It has a wide-ranging analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these extensions on the market’s future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.
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By Market Verdors: Continental Nippon Seiki Visteon Denso Marelli Yazaki Bosch Aptiv Parker Hannifin INESA Stoneridge Pricol TYW Desay SV Dongfeng Electronic By Types: Hybrid Cluster Analog Cluster Digital Cluster By Applications: Passenger Vehicle Commercial Vehicle Two-wheeler Agriculture Off-highway
A detailed outline of the Global Vehicle Instrument Cluste Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
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Table of Contents:
Global Vehicle Instrument Cluste Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Vehicle Instrument Cluste Market Forecast
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What's driving Piston Assembly Market Growth?
The COVID-19 pandemic has caused supply and manufacturing disruptions in the automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.
This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.
The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.
Piston Assembly Market: Introduction
Piston assembly consist of piston, piston pin, piston rings, connecting rods and cylinder liners. Piston assembly develop as complete module. Piston assembly offers commercial as well as logistical advantages to its end use applications due to its simpler assembly and optimally coordinated design. Modern engines require high end cylinder component that are more durable and has high efficiency so that they can operate at higher operating temperature and pressures, which can reduce the emissions. Piston assembly as a complete module is light in weight and also the components are properly synchronized which automatically increases the efficiency of the engine. This concept of piston assembly as a complete module also compel the manufacturers to develop innovative products that has unpredictable high performance. Now a days, engine manufacturers focuses on integrating piston assembly rather to integrate separate components in order to increase the longevity of the engine.
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Piston Assembly Market: Dynamics
Growing urbanization and increasing purchasing power of the middle class population propel the demand for passenger cars and two wheelers across the globe. This factor is expected to boost the growth of the global piston assembly market. Moreover, increasing e-commerce and logistic industry fuel the demand for commercial vehicle which in turn accelerate the growth of piston assembly market over the forecast period. Moreover, stringent rules and regulation regarding fuel emission, which are laid down by government of several nations across the globe is another factor that boost the sales and production of new vehicle which positively impact on the growth of piston assembly market. Moreover, increasing industrialization fuel the demand for new machinery which in turn accelerate the sale of piston assembly market.
Increasing sea borne trade propel the demand for new carriers which positively effect on the growth of the global piston assembly market. Furthermore, growing railway network increases the number of trains which boost the sale of the piston assembly and affirmatively affect the growth of global market. However, increase uses of electric engine in the vehicles is expected to hinder the growth of piston assembly market over the forecast period.
Piston Assembly Market: Segmentation
Piston Assembly Market can be segmented by application and Sales channel:-
On the basis of application, piston assembly market can be segmented into:
Railway Vehicles
Marine Vehicles
Automotive
Industrial Engines
Agricultural and Construction Machinery
Passenger Cars
Commercial Vehicles
Two Wheelers
Off Highway Vehicles
On the basis of sales channel piston assembly market can be segmented into:
OEM
Aftermarket
Piston Assembly Market: Regional Outlook
North America piston assembly market is estimated to hold prominent share in the global market due to increase in demand for piston assembly from end use applications especially from automotive. Along with this factor, the demand for high speed vehicles increases the sales of piston assembly as these module decreases the emission and increases the efficiency of the vehicles. These factor are expected to boost the growth of the piston assembly market over the forecast period. Europe is anticipated to register healthy growth in the piston assembly market during the assessment period owing to positive economic outlook across the region. Moreover, growing manufacturing sector in the emerging economies such as Brazil, Mexico, India, China propel the demand for industrial machinery which in turn directly effect on the growth of piston assembly market. Growth in the automotive industry of developing countries in Asia Pacific is expected to contribute significant share in the global piston assembly market over the forecast period. Developing regions such as Latin America, Middle East and Africa are also estimated to increase the demand for transportation vehicles, owing to growing industrialization and improving financial condition, which in turn, glare the growth of piston assembly market in the forecast period.
Piston Assembly Market: Market Participants
Examples of some of the market participants identified across the value chain of the global Piston Assembly Market includes:
Churchill Technologies
Mahle GmbH
Shandong Binzhou Bohai Piston Co., Ltd.
IVEK Corporation
Coherix
Karan Exports
Crown International
Koshin America
The Piston Assembly market 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 prov
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Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025 published on
https://www.sandlerresearch.org/fluid-transfer-system-market-by-type-brake-fuel-ac-air-suspension-dpf-scr-transmission-oil-turbo-coolant-engine-battery-cooling-air-brake-material-al-rubber-nylon-steel-stainless-st.html
Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025
Stringency in emission norms and growing demand of premium vehicles is expected to drive the fluid transfer system market
The fluid transfer system market is projected to grow to USD 24.7 billion by 2025 from USD 17.8 billion in 2020, at a CAGR of 6.7% during the forecast period. The major driving factors for the fluid transfer system industry are stringent emission norms, fuel efficiency regulations, growing demand of premium vehicles and increasing adoption of after-treatment devices in diesel engines around the globe. However, increasing sales of electric vehicles due to attractive government incentives is expected to impact ICE fluid transfer system market.
The automotive industry plays a crucial role in building the global economy. However, the COVID-19 outbreak disrupted the whole automotive supply chain on a global scale in the first 6–7 months of 2020. The pandemic presented an uncertain recovery timeline for the automotive industry due to lockdown implementation and shutdown of manufacturing facilities in various parts of the world. The automotive industry faced four major challenges amid COVID-19—limited supply of vehicle parts, drop in new vehicle sales, shutdown of production facilities, and decline in working capital. As the fluid transfer system market is dependent on vehicle production, this market is expected to be impacted due to this outbreak. However, with growing normalcy and momentum in vehicle production, the fluid transfer system market is expected to pick up pace in the coming years.
Agricultural tractors are estimated to be the largest and fastest-growing market for the off-highway vehicle segment
The factors that drive the agricultural tractor market are increasing mechanization in the agriculture industry worldwide, lack of skilled farm labor, increasing labor cost, and the growing need for operational efficiency and profitability.Subsidies and other financial support provided by regional governments on purchase of farm equipment are also boosting the fluid transfer system market for agriculture tractors.Thus, considering the abovementioned factors, the agriculture tractor fluid transfer market is expected to grow significantly in the coming years.
Rubber is expected to be the largest material segment of the fluid transfer system market
Rubber hoses are the most commonly used types. Rubber hoses can be classified into two types, viz., synthetic rubber, and natural rubber. These are used for fuel lines, AC lines, Brake lines, turbo coolant hoses, and transmission cooling hoses. Natural rubber breaks down when exposed to oil, but synthetic rubber has much better chemical resistance, elasticity, resilience, which makes it a better alternative for natural rubber. Rubber hoses are also being increasingly used in engine cooling hoses, mainly EPDM rubber. Properties of rubber such as hot and cold temperature sustainability, high tear strength, and most importantly, lower costs are the driving forces for the growth of the rubber market in the fluid transfer system material market.
Asia Pacific is expected to be the largest market for fluid transfer system
The upcoming emission norms in Asia Pacific are the biggest driving force for the growth of fluid transfer system market. For instance, China implemented 6a & 6b, India implemented BS VI in 2020. These norms will increase the adoption of DPF, SCR, air suspension and consequently, the market for fluid transfer system. Also, the demand for premium vehicles is likely to increase, which is expected to further strengthen the growth of fluid transfer system applications such as front and rear air conditioning.Also, the growing sales of vehicles equipped with TGDI technology, particularly in China, is expected to drive turbo coolant lines market. Thus, considering the above mentioned factors, Asia Pacific is expected to be the largest fluid transfer system market.
The breakup of primary respondents
By Stakeholder: Supply Side- 80% and Demand Side- 20%
By Designation: C level executives – 10%, Directors/Vice-Presidents – 20%, Others – 70%
By Region: Europe – 20%, Asia Oceania – 60%, North America – 20%
The fluid transfer system industry is dominated by global players and comprises several regional players including Cooper Standard (US), Kongsberg (Switzerland), Contitech (Germany), Akwel (France), Hutchinson (France), Lander automotive (UK), Tristone (Germany), Castello Italia (Italy), Gates (US), and TI fluid systems (UK), Pirtek Fluid Transfer Solutions (US), AGS (US), Graco Inc. (US), Balcrank Corporation, Inc. (US), Reelcraft(US), Sanoh Industrial Co., Ltd.(Japan), Macnaught Pty Ltd.(Australia), Calex Auto Pvt. Ltd. (India), Delfingen (France) and Kros Otomotiv Sanayi ve Tic A.S. (Turkey). The study includes an in-depth competitive analysis of these key players in the fluid transfer system market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.
Research Coverage
The study segments the fluid transfer system market and forecasts the market size based on type (air suspension lines, fuel lines, AC lines, brake lines, DPF lines, SCR lines, transmission oil cooling lines, turbo coolant lines, air brake lines, engine cooling lines and battery cooling lines), material (nylon, steel, stainless steel, aluminum, rubber, other materials), type (hose and tubing), vehicle type (passenger cars, light commercial vehicles, trucks, and buses), electric vehicles (battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle), off-highway vehicles (construction equipment, mining equipment, and agriculture tractors), and region (North America, Europe, Asia Pacific, and RoW).
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the fluid transfer system market and the sub-segments. This will also help the key players to identify the highest potential region and design its product portfolio as per the market requirements. A detailed study on electric vehicles and off-highway fluid transfer system, is expected to help manufacturers to understand the potential market for them. This report also include various analysis like supply chain, average selling price analysis, value chain analysis, market ecosystem, porter’s analysis, regulatory landscape. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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Automotive Diesel Particulate Filter Market| COVID-19 Impact, Outlook And Future Scope Analysis by 2023
Automotive Diesel Particulate Filter Market Analysis
These filters are self-cleaning, which means they burn the soot deposits continuously. Moreover, it is maintenance-free, and will last the entire life of the car. Particulate filters are manufactured of different materials resting on the manufacturer: sintered metal, aluminum titanate, silicon carbide or cordierite.
Key Players
Leading players profiled in the Automotive Diesel Particulate filter market report include Continental AG (Germany), BASF (Germany), Donaldson Company Inc. (US), Denso (Japan), NGK Insulators, LTD. (Japan), MANN+HUMMEL (Germany), Bosal International (Belgium), Johnson Matthey (UK), Faurecia (France), Tenneco Inc. (US), Delphi (US), and others.
Market Segmentation
The Market Research Future report offers a wide segmental analysis of the Automotive Diesel Particulate filter market based on vehicle type, material type, product type, and sales channel.
Based on vehicle type, the Automotive Diesel Particulate filter market is segmented into the off-highway vehicle, heavy commercial vehicle (HCV), light commercial vehicle (LCV), and passenger vehicles.
Based on product type, the Automotive Diesel Particulate filter market is segmented into disposable type filters, and regenerating type filters. Of these, disposable type filters will dominate the market over the forecast period.
Based on the sales channel, the COVID-19 Impact is segmented into the aftersales market, and original equipment manufacturer (OEM).
Regional Analysis
Based on the region, the Diesel Particulate filter market report covers growth opportunities and the latest trends across the Asia Pacific, Europe, North America, and the Rest of the World. Of these, Europe will dominate the market over the forecast period. This is owing to the growing awareness regarding the environment, coupled with the adverse effect of pollution on people.
The Automotive Diesel Particulate filter market in the APAC region will have a notable growth in the market over the forecast period. This is owing to the vital role of the Automotive Diesel Particulate filter to reduce car emissions. Moreover, the growing demand for diesel cars in the region is also likely to drive market growth.
Get Full Report @ https://www.marketresearchfuture.com/reports/diesel-particulate-filter-market-6274
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