automotive

Heavy-Duty Trucks Market: Infrastructural Advancements Set to Boost Growth during the Forecast Period

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Heavy-duty trucks institute a vital part of the transport industry. Heavy-duty trucks across the globe are responsible for the majority of the freight & logistics movement over the land and are pivotal vehicle in the construction, manufacturing, and agriculture sector. Heavy-duty trucks are predominantly crucial to the mining and construction industry, as dump trucks and ready-mix concrete trucks are necessary to transport a large number of materials. Additionally, current signs of progress in road infrastructure and growing demand from e-commerce sector are likely to boost heavy-duty trucks sales across the globe over the forecast period.

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Electric Parking Brake Market Highlighting Lucrative Avenues Across Major Geographies during 2018-2027

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The electric parking brake grips the automobile on the ground road or hill road and widely utilized for emergency stops. Electric parking brake has very few number of components and can be actuates with the help of button, thus creating more space in the automobile cabin. Electric parking brake can be accommodated into in any type of vehicle with different size and power capacity. Increased consumer inclination towards traveling safety, comfort, convenience and stability in the vehicles has up surged the demand for electric parking brake. The main benefit of utilizing electric parking brake is that, it has electronic control unit, which can be assimilated with the other vehicle system to empower advanced functioning. The electronic parking brake does not implies any use of mechanical components such as brake lever and rope which decreases the interior cabin space is eventually subjected to increase the demand for electric parking brake in future.

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CNG Vehicles Market Scenario Indicates Prime Trends & Growth Parameters, 2018-2027

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Fact.MR delivers key insights on the CNG vehicle market in its published report, titled “CNG vehicle: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the CNG vehicle market is estimated to expand at a CAGR of 3.2% over the forecast period, owing to the numerous factors, about which FACT.MR offers thorough insights and forecasts in this report. The current growth trend of the CNG vehicle market has prominently influenced by the increasing air pollutions due to fuel emissions across all the regions of the globe. Advancement in autonomous technology amalgamate innovations in the automobile fuel systems, and NGVs (Natural Gas Vehicles) have become a tool for a consumer as well as a marketer to reduce and suppress fuel emission which are likely to boost the CNG vehicle market.

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Off-Road Vehicles Market Sales Likely to Surge at Exceptional Rate during Forecast Period, 2018 to 2027

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Upsurge in the recreational and sports activities across the world is anticipated to propel off-road vehicles market over the forecast period. Increasing urban population coupled with growth youth inclination towards motorsports activities will augment product penetration across the globe. Countries including the U.S, Canada, UK, France and Australia are taking initiatives to flourish outdoor activities such as hunting and trail driving. The U.S. Recreation Department offers over 150,000 miles of trails and around 440 wilderness areas, attracting participants, thereby augmenting the off-road vehicles market share from 2018 to 2027.

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Technological Boost across Lane Departure Warning System Market Likely to Swell CAGR Growth during 2018 - 2027

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Fact.MR delivers key insights on the lane departure warning system market in its published report, titled “Lane Departure Warning System: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the lane departure warning system market is estimated to expand at a CAGR of 14.2% over the forecast period, owing to the numerous factors, about which Fact.MR offers thorough insights and forecasts in this report. The current growth trend of the lane departure warning system market has prominently influenced by the increasing number of motor vehicles across all the regions of the globe. Advancement in autonomous technology amalgamate innovations in the automobile systems, and automobile components have become a tool for a consumer as well as a marketer to expose and expand their products which are likely to boost the lane departure warning system market.

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In-wheel Motor Market- Sales from Prime Geographies Projected to Motivate Growth during 2018 - 2027

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Fact.MR delivers vital insights into the In-wheel motors market in its published report, titled “In-wheel motors: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the In-wheel motors market is estimated to expand at a CAGR of 30.04% over the forecast period, owing to the numerous factors, about which FACT.MR offers thorough insights and forecasts in this report.

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With increasing global penetration of electric vehicles across the world has led the rising demand for electric mobility. The in-wheel motor market is directly proportional to the sales of electric vehicles across the world. Also, rising demand for simplicity and efficiency of electric vehicles has led adoption of autonomous technologies to the electric mobility. Provisions for more spacious vehicles and reduced weight of vehicle coupled with rising awareness for emission control has also influenced in-wheel motor market towards considerable growth in the forecast period.

The global market for In-wheel motors is segmented as per different propulsion type, motor type, by cooling, by power output, and by region.

Impregnating Resins Market Sales Likely to Surge at Exceptional Rate during Forecast Period, 2018 - 2027

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The global impregnating resins market has witnessed expansion in the sales as well as a growth rate of the market over historical period owing to increased demand for impregnating resins for insulation purpose globally. However, with the increasing government investments in the developed as well as emerging economies is expected to create an enormous opportunity in the global impregnating resins market. The global market for impregnating resins is projected to register nearly 6% CAGR, according to a newly published Fact.MR research report. The substantial growth of impregnating resins in the last 3-4 years has provided a possible expansion to the variety of end-uses, thereby driving advancement in the global market. Rising demand in the automotive and electronics industry for impregnating resins for electrical insulation also helps the manufacturers to penetrate a significant market share across the globe.

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Rolling Stocks Market Highlighting Lucrative Avenues Across Major Geographies during 2018-2027

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Rolling stocks market witnessed sales of nearly 250 thousand units in 2018 and is expected to grow at a steady CAGR of 2.9% in 2019. Overall growth of the rolling stocks market can be attributed to,

  • Industry titans acquiring big-ticket projects of rolling stocks
  • Promotion of railway transport as a sustainable transportation mode
  • Growing focus on increasing the average life of rolling stocks by predictive maintenance and remote monitoring in the services landscape
  • Optimistic outlook of autonomous trains and ongoing development of compatible rolling stocks

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The ongoing focus of governments to promote the railway as a sustainable mode of transportation has resulted in a growing number of tenders of new rolling stocks being procured by manufacturers. Further, with the construction of new railway roads to increase connectivity and promotion of autonomous railway, new trains are being introduced across the world’s developing economies. Developments in designs of rolling stocks compatible to autonomous train are also underway.

Motorcycle Suspension System Market Scenario Indicates Prime Trends & Growth Parameters, 2018-2028

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Growing two-wheeler sales coupled with worsening transport infrastructure and growing fuel prices around the world are expected to bolster the growth of the motorcycle suspension systems market. A recent study released by Fact.MR estimates that the factors will aid the growth of the global motorcycle suspension system market which is anticipated to cross the US$ 1.5 million valuation mark in 2020.

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Innovative and advanced suspension system designs are expected to play a key role in fuelling the growth of the market. Growing awareness about road safety coupled with an increasing demand for comfort while riding has prompted manufacturers to develop enhance suspension designs that aid in enhancing the performance of vehicles as well. One of the key focus areas that manufacturers are eyeing is the development of lightweight suspension systems. For instance, Showa launched the new dual blending valve front fork suspension system to replace the full cartridge fork assembly. The cost-effective blending valve offers performance similar to cartridge type assembly while reducing the overall weight of the suspension system by approximately 250 grams.

Rail Gangways Market Set to Deliver Major Revenue Shares during the Forecast Period

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Growing need for rail gangways in various countries on the coattails of ongoing railway infrastructure development along with new construction of metro rails is anticipated to accelerate the growth of rail gangways market across the globe.

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The global rail gangways market is expected to be valued at US$ 392.8 million in 2018, expanding at a significant CAGR of 4.9% over the forecast period (2018-2028). Rising investments in railway developments and upcoming metro rail projects are likely to complement future expansion of the market which has been foreseen to attain a value of US$ 634.0 million by 2028-end. Further, the rail gangways market is anticipated to create incremental $ opportunity worth US$ 241.3 million throughout the assessment period.

Development in Rail Activities to Offer Lucrative Opportunities

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