Posts

Showing posts from December, 2021

Automotive Heat Shield Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

  The report  " Automotive Heat Shield Market  by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material, Vehicle Type, EV, and Region - Global Forecast to 2025" , The global automotive heat shield market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4% during the forecast period. Automotive heat shields are used at various locations within a vehicle to protect the vehicle body and components from excessive heat generated by the engine and exhaust systems. These exhaust gases can reach temperatures up to 900 degrees. Technological advancements have made automotive heat shields safer and more effective over the past few years. The materials used in automotive heat shield fabrication include aluminum, nylon, and ceramic. Due to the increasing number of automotive sales across the globe, there is immense scope and opportu

Baggage Handling System Market to Witness Astonishing Growth by 2025

  The global BaggageHandling System Market is projected to grow from USD 7.5 billion in 2020 to USD 10.3 billion by 2025, at a CAGR of 6.6%. The increase in air travel by people all over the world, modernization of airports, and enhancement of airports’ efficiency and customer satisfaction are expected to drive the growth of the baggage handling system market. The baggage handling system market is dominated by global players and comprises several regional players as well. The key players in the high voltage battery market are Siemens (Germany), Vanderlande Industries (Netherlands), Daifuku (Japan), Pteris Global Limited (Singapore), Fives (France), and SITA (Switzerland). The study includes an in-depth competitive analysis of these key players in the baggage handling system market with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2222419

Automotive Piston Market Witness to Grow USD 2.2 billion by 2025

  The global Automotive Piston Market size is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Demand for high-pressure GDI pistons, lightweight piston components, and passenger car gasoline engines would drive the global automotive piston industry.  With the engine downsizing and turbocharging, the popularity of gasoline direct injection (GDI) is increasing. GDI is being considered as one of the key components for fulfilling future emission standards. Therefore, with GDI becoming popular, the demand for high-pressure GDI pistons is expected in the automotive piston market. Globally the automotive industry is driven by legislation to reduce emissions & increase fuel efficiency. With decreased limits of pollutants in upcoming emission regulations, OEMs are working on vehicle light-weighting. In this regard, a shift from iron engine blocks to aluminum engine blocks is one of the approaches being adopted. Owing to their lightweight, be

VVT & start-stop system market to Witness Astonishing Growth by 2027

  The automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from USD 42.3 billion from 2021. Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies to achieve high fuel efficiency. The adoption of VVT & start-stop system is primarily influenced by the increasing vehicle hybridization, luxury vehicle production, application of advanced fuel-efficient features, and government regulations on emissions. Asia Pacific is estimated to be the largest market for VVT & start-stop system during the forecast period. The region’s automobile market has been dominated by smaller, fuel-efficient cars in the growing markets such as China and India. The governments of these countries have recognized the growth potential of the automotive industry and are taking various initiatives to encourage major OEMs to enter their domestic markets. This has led to an increase in vehicle production vo

Construction Equipment Market Booming Worldwide with Eminent Key Players like Caterpillar Inc, Komatsu Ltd, Xuzhou Construction Machinery Group, etc.

  The Construction Equipment Market is projected to reach USD 250.4 Billion by 2026 from USD 208.3 Billion in 2021, at a CAGR of 3.8% during the forecast period. Asia-Pacific is estimated to lead the market during the forecast. The construction equipment market has experienced growth in terms of the number of projects such as dams, airports, and hydroelectric projects, because of which many international companies have started their manufacturing plants in this region. Some of the man-made marvels and remarkable construction projects such as the Beijing New International Airport (China) and South to North Water Transfer Project (China) are set up in the region. The region is estimated to be the most populated in the world, which creates immense opportunity for the construction equipment market to grow. Some of the major projects driving the construction equipment market of this region are the SongdoInternational Business District in South Korea and China–Pakistan Economic Corridor.

Automotive Motors Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

  The global Automotive Motors Market size is projected to grow from USD  20.3 billion in 2020 to USD  25.7 billion by 2025, at a CAGR of 4.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. Rapid technological changes in the automotive industry for fuel efficient systems and governments stringent emission norms policies  are likely to boost the automotive motors market.   The adoption of electric power is considered to be the highest among other fuel types. This is because of government support toward EV infrastructure and fewer safety issues. Apart from passenger vehicles, now trucks and buses, are undergoing a major shift to achieve zero emissions. Manufacturers such as Daimler, AB Volvo, Yutong, and BYD are constantly developing different types of electric commercial vehicles such as buses, trucks, and vans to meet customer demand. Cities such as London, Moscow, Beijing, Paris, and Los Angeles plan to phase out their existing public transport v

Hub Motor Market– Analysis with Ongoing Trends & Market Revenue

  The report  " Hub Motor Market  by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000–3000 W, and Above 3000 W), and Region - Global Forecast to 2025"  Global hub motor market is projected to grow at a CAGR of 5.01% from USD 7.69 billion in 2018 to reach USD 10.82 billion by 2025 The major factors behind the growth of the hub motor market are improved vehicle performance, powerful acceleration, and high torque. Hub motor helps supply torque to its associated tire and generates more power to improve the efficiency of a vehicle. Electric Bike Segment: Increased power and better vehicle handling is expected to drive the hub motor market The electric bike segment is the largest of all segments of the hub motor market and is expected to witness a significant growth during the forecast period. The market growth of hub motors can be attribute

Automotive Seat Market: An Emerging Market with Attractive Growth Opportunities

  The global Automotive Seat Market size is projected to grow to USD 60.0 billion by 2025 from USD 51.9 billion in 2020, at a CAGR of 2.9%. Increase in demand for luxury and premium vehicles, lightweight material would drive the global automotive seat industry.   With an increase in demand for SUVs and luxury cars, automotive seating has evolved in terms of technology, comfort, and safety. While initially, automotive seating consisted of heavy bench seats made up of coils, springs, and cloth as the seat cover, today, they have transformed into bucket seats and rear bench seats with a 60/40 split. Along with this shift, new technologies such as powered seats with features such as massagers, ventilated, heated, and memory seats have been introduced. For instance, Ford Motor Company’s Lincoln Continental has a 30-way adjustable seat that still retains its original size. Stress & fatigue detection seats, smartphone-connected seats, and customized massaging seats are a few such examp

Fuel Cell Powertrain Market – Analysis with Ongoing Trends & Market Revenue

  The global Fuel Cell Powertrain Market size is projected to grow from USD   268 million in 2020 to USD   3,797 million by 2025, at a CAGR of 70.0%. Increasing government initiatives for the development of hydrogen infrastructure and rapid technological changes in the automotive industry for fuel efficient systems are likely to boost the fuel cell powertrain market.   The key factor that is expected to rise the adoption of fuel cell vehicles is increasing investing in alternative sources of energy, such as fuel cells by goverments worldwide. Along with the development of fuel cell technology, it is important to create a robust infrastructure that can cater to the needs of hydrogen-powered transportation. In addition to this factor, FCEVs offer a high driving range, fast refueling, noiseless operation, and zero emission of greenhouse gases and air pollutants. Hence, their use is ideal for transportation and automotive applications. The key components of fuel cell powertrain are des

Electric Vehicle Communication Controller Market – Analysis with Ongoing Trends & Market Revenue

 The report  " Electric Vehicle Communication Controller Market  by System (EVCC and SECC), Charging Type (Wired and Wireless), Electric Vehicle Type (BEV and PHEV), Vehicle Type (Passenger Car and Commercial Vehicle), Region - Global Forecast to 2027"  The global electric vehicle communication controller market is projected to grow from USD 55 million in 2019 to USD 563 million by 2027, at a CAGR of 33.8%. Wireless (inductive) charging segment to grow faster than wired charging The wireless charging segment is expected to grow exponentially in the future. Users want to get rid of wired connectivity because of its complexity and insecure interface. The wireless charging technology offers the freedom of quick and easy connectivity with a safe interface and user-friendly operation. The increasing “wireless charging” propensity of consumers is thus driving the market of wireless chargers for electric vehicles. Further, in the cable charging technology, chargers had different