automotive

Wheelchair Accessible Vehicle Market Sales Set to Rise with Concentrated Investment by Market Players, details Fact.MR report

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Medical tourism continues to influence the adoption of wheelchair accessible vehicles coupled with financial assistance from federal governments. Furthermore, demand for wheelchair accessible vehicles has also been impacted with growing road accidents worldwide. According to World Health Organization (WHO) analysis, road accidents are one of the leading causes of mortalities and disabilities. The wheelchair accessible vehicle market has also been influenced by new design features and developments incorporated by manufacturers in order to diversify their product offerings.

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Trailer Canopy Market Expected to Experience Bolstering Sales during Forecast Period, 2018 to 2028

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Solely led by consumer preference, trailer canopy market will continue to be influenced by key trends such as customization and vehicle innovations. Use of trailer canopy has extended beyond the purpose of shading to almost mimicking a mini warehouse or commercial storage. Key companies operating in the trailer canopy market have introduced a slew of novel solutions, which fall in line with evolving requirements of end-users.

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Custom-made trailer canopy, and metal-based (steel or aluminum) trailer canopy, have been attracting end-users’ interest, who are being lured by manufacturers key offerings such as emptied canopy, multiple compartment canopy, and canopy with shelves & drawers. Additionally, growing focus of manufacturers in providing easy-to-install, reliable, weatherproof and durable trailer canopy will significantly rub off on growth of the trailer canopy market.

Dry Van Container Market- Sales from Prime Geographies Projected to Motivate Growth during 2018 - 2028

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The dry van container market is awash with assets. A wide majority of these assets have become disconnected, thereby entailing challenges apropos of issues associated with their performance and relevant operations. Dry van container integrated with machine-to-machine (M2M) technology, which provide real-time intelligence on their location and status, is becoming the new norm in the logistics and transportation industry. A new analytical research study of Fact.MR envisages the dry van container market to record a modest 3.5% volume CAGR over the forecast period 2018 to 2028.

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Motorcycle Accessories Market Sales Likely to Surge at Exceptional Rate during Forecast Period, 2018 - 2026

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Evolving culture of the motorcycle industry, along with interest of riders in framing their unique identity, has led the modification trend, wherein aftermarket-produced motorcycle accessories are increasingly sought-after. Modifications in motorcycles range from moderate to extreme, with typical modifications involving frames & fittings, electrical & electronics, and handle accessories.

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The motorcycle accessories market will record an above-average 4.6% volume CAGR during the forecast period, 2018 to 2026, according to a recently published Fact.MR report. Proliferation of aftermarket products is considered to be a boon for growth of the motorcycle accessories market, despites its consequential complexities for manufacturers, suppliers, and owners alike.

Varied approaches of OEMs with regard to installation of aftermarket motorcycle accessories, has been discouraging growth of the latter. However, key established players such as BMW Motorad and Harley Davidson have designed their motorcycles to uphold the culture of custom products by collaborating with aftermarket motorcycle accessories manufacturers.

Catamaran Market Highlighting Lucrative Avenues Across Major Geographies during 2018-2027

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Fact.MR delivers key insights on the global Catamaran market in its published report, titled “Global Catamaran: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the global Catamaran market is estimated to expand at a CAGR of 4.5% over the forecast period, owing to numerous factors, about which FACT.MR offers thorough insights and forecasts in this report.

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Marine Shaft Power Meter Market Scenario Indicates Prime Trends & Growth Parameters, 2018-2028

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According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019. Growth of the marine shaft power meter market can be attributed to various factors including

  • Growing seaborne trade that relies heavily on cargo carriers
  • Development of technically advanced and cost-effective solution and increasing demand for new marine shaft power meter to optimize fuel saving
  • Imposition of new regulations on the shipping industry to reduce greenhouse gas emission

The study opines that cargo carriers hold relatively larger share of the marine shaft power meter market, than passenger vessels. More than 50% volume sales of the marine shaft power meter were held by cargo carriers in 2018. This can be attributed to efforts of ship owners in Germany, China, and Canada, toward strengthening their hold in the container space, in line with the upward trend of container-based shipping services in sea-borne trade.

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Straddle Carrier Market Progress & Manufacturer Contribution Highlighted until 2028

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Straddle carriers are also referred to as straddle trucks that are used as freight handling equipment. The equipment functions by carrying the freight load underneath it by using a straddling process. This cargo handling system has the ability to unload and load without use of forklifts or cranes, making straddle carriers a beneficial freight carrying equipment. There are various types of straddle carrier variants, namely, manual, automatic and semi-automatic that have varying loading capacities.

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Undercarriage Components Market- Sales from Prime Geographies Projected to Motivate Growth during 2018 - 2028

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Resurgent growth in the construction sector since the past years coupled with increasing construction activities and infrastructure development continue to remain instrumental in driving sales of construction equipment, in turn influencing sales of undercarriage components worldwide. Growing technological advancements in earth moving equipment to meet the increasing demand for new construction projects has significantly fueled the demand for durable and efficient undercarriage components since the past years. Fact.MR envisages that the demand for undercarriage components is projected to expand at a steady rate at a CAGR of 3.2% throughout the period of assessment, 2018-2028. Sales of undercarriage components by the end of the year of forecast is estimated to cross US$ 10,800 Mn, says the report.

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Compact Track Loader Market Sales Likely to Surge at Exceptional Rate during Forecast Period, 2018 - 2028

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The equipment trends over the past few years depict the success of compact track loaders to be an exceptional one. These versatile and cost-effective loaders have persistently ruled in the compact equipment industry on the backdrop of their efficacy to work in all seasons. Compact track loaders have successfully overpowered wheeled skid-steer loaders in terms of sales volume. Yet, the manufacturers operating in equipment machinery industry aren’t predicting the downfall of skid steers any time soon. While a few customers are still observed purchasing skid steers for catering the traditional skid steer applications, others are preferring compact track loaders for strength and robustness in certain applications

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Automotive Switches Market: Infrastructural Advancements Set to Boost Growth during the Forecast Period

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Fact.MR’s recent market analysis reveals a steady growth prospects for the automotive switches market based on thorough analysis of the prominent trends prevailing in the automotive industry. Increasing demand for electronic components in automobiles, growing preference for comfort and luxury in automotive interior and expansion of electro-mobility are important fillips of the automotive switches market identified in the report. Fact.MR’s study shows that the automotive switches market is estimated to witness a volume CAGR of 4.2% during the period of assessment 2018 - 2028. A significant rise in vehicle production, increasing size of vehicle fleet and growing demand for auto parts is projected to contribute to the sales volume of 4,207.6 Million units of automotive switches by 2028 end.

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