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Automotive Wheel Market: An Emerging Market with Attractive Growth Opportunities

Based on MarketsandMarkets analysis, the Automotive Wheel Market is projected to grow at a CAGR of 5.52% from 2017 to 2025. The market for automotive wheels is estimated to be USD 32.87 billion in 2017 and is projected to reach USD 50.54 billion by 2025.The increasing vehicle production and demand for improved vehicle dynamics are the key factors driving the automotive wheel market. Also, the rising demand for fuel efficiency is pushing original equipment manufacturers to switch to lightweight materials. This upcoming trend is supporting the growth of automotive wheels. OEMs and Tier-1 manufacturers are extensively investing in R&D activities to develop new technologies to gain traction in the business landscape. The key objective of these technologies is the reduction of vehicle weight, which helps to improve fuel efficiency and vehicle dynamics . For instance, carbon fiber, which is 20% stronger and 20% lighter as compared to the available alloys, is the new material used...

Automotive Hydraulics System Market Qualitative Analysis by Industry Overview – 2025 | MarketsandMarkets™

The Global Automotive Hydraulics System Market was estimated to be USD 32.13 billion in 2017 and is projected to reach USD 51.37 billion by 2025, growing at a CAGR of 6.04% during the forecast period. Factors such as advanced vehicle safety technologies, government mandates regarding the active and passive safety of vehicles, infrastructural development in emerging economies have boosted the Automotive Hydraulics System Market in recent years. The Automotive Hydraulics System Market is dominated by a few global players. The global Automotive Hydraulics System Market is segmented by application, OE component, on-highway vehicle, off-highway vehicle, aftermarket component, and region. The report discusses four automotive hydraulics system applications, namely, hydraulic brakes, clutch, suspension, and tappets. Hydraulic brakes segment accounted for the largest market shares in the market by application and is estimated to grow with the highest CAGR during the forecast period fol...

Automotive Acoustic Materials Market Predictions Exhibit Massive Growth by 2025

The Automotive   Acoustic Materials Market is estimated to grow at a CAGR of 6.99% during the forecast period, to reach a market size of USD 2.93 billion by 2022.The rising demand for interior cabin comfort features, stringent vehicle noise regulations, growing vehicle production, and increasing premium vehicle sales have resulted in the growth of the acoustic materials market. View Detail Toc @ https://www.marketsandmarkets.com/Market-Reports/acoustic-material-market-193996894.html The acoustic materials are derived from natural fibers such as felt fibers, coir fibers, and bio-based polyurethane . These fibers are derived from natural sources such as sugarcane, soya, cotton, and jute. These nonconventional acoustic materials are eco-friendly, economical , and recyclable. Owing to these advantages , the naturally derived acoustic materials are expected to be preferred over conventional acoustic materials. A few of the material suppliers such as CTA Acoustics (US) an...

Antifreeze Market to Witness Exponential Growth by 2021

The Antifreeze Market for the automotive industry was valued at USD 688 million in 2016, and is projected to grow at a CAGR of 5.18% during the forecast period. Increasing vehicle production, especially SUV & light truck segment and recent growing trend in trucks & buses segment in countries such as India are the key reasons driving the demand for OE market for antifreeze. Growing vehicles in operation and increased miles travelled per year is estimated to drive the demand for antifreeze in aftermarket segment. “Passenger cars are expected to witness the highest demand for antifreeze” According to OICA, the production of passenger cars around the globe has grown from 68.6 million units in 2015 to 72.1 million units in 2015 at a rate of 5.1%.   The increased sales of passenger cars is due to the improved standard of living and per capita income in various countries. According to Trading Economics statistics, the U.S. GDP per capita increased from USD 50,727.8 in ...

Auto Dimming Mirror Market Projected To Witness Vigorous Expansion By 2025

The Auto Dimming Mirror Market is projected to grow at a CAGR of 3.20% from 2017 to 2025, to reach a market size of USD 2.11 b illion by 2025. Factors such as increasing awareness about passenger and vehicle safety and trend of integrating additional features are expected to drive the demand for auto dimming mirrors during the forecast period. According to Federal Motor Vehicle Safety Standards (US), all cars are required to have side- and rear-view mirrors. The Alliance of Automobile Manufacturers has filed a petition to update these standards and allow them to replace side mirrors with cameras. If the National Highway Traffic Safety Administration (NHTSA) allows the replacement of side mirrors with the camera , it will change the landscape of the automotive mirror industry in the US. Changes in the European regulation allow mirrorless cars for road testing purpose. Likewise, Japanese regulators have approved the use of camera technology to replace mirrors on ca...

Automotive Bushing Market Predictions Exhibit Massive Growth by 2025

The global Automotive Bushing Market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% during the forecast period. The growth of the automotive bushing market is influenced by factors such as increasing vehicles production and sales. The governments of several countries have made stringent regulations for the use of basic safety products such as seatbelts and airbags. In the US and Europe, the governments have already implemented regulations related to safety features that are mandatory for all vehicles and are thus followed by automakers. The inclusion of advanced safety features and a rise in demand for ride quality will create several opportunities for automotive bushing suppliers. It will increase the demand for bushings in the automotive industry. The Asia Pacific region is estimated to be the fastest growing market, in terms of value, for automotive bushings. Significant growth in the total sales...

Automotive Simulation Market to Witness Exponential Growth by 2025

The Automotive Simulation Market is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 2.9 billion by 2025, at a CAGR of 11.1% during the forecast period. Increasing focus on R&D activities and rapid technological changes owing to the changing government norms for vehicle safety are projected to drive the market. The study involves four main activities to estimate the current size of the automotive simulation market. Exhaustive secondary research was done to collect information on the market such as the use of simulation software in various applications and by various end users. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. A top-down approach was employed to estimate the complete market size of different segments considered in this study. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242816468 The regulatory bod...