Automotive Plastics Market Growth Opportunities And Forecasts Report by 2025

30^th September 2019 – Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors.

The factors that propel the growth of the automotive plastics industry include strict government regulations regarding fuel consumption along with rising sales of automobiles, and growing use of plastics for the production of lightweight vehicles. In addition, decrease in vehicular emission, increasing prices of steel and iron, sturdiness, recyclability, and strength of modern plastics are expected to drive the market.

On the other hand, there are factors that may hamper the growth of the market including rising demand for biodegradable plastics, high process engineering cost, volatile cost of raw material, and high investment required in material research. Automotive Plastics Market is anticipated to grow at a significant CAGR of 11.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by product type, application, and geography.

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Automotive Plastics industry by product type could span Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), Polymethyl Methacrylate (PMMA), Polypropylene (PP), Polycarbonate (PC), Polyvinyl Chloride (PVC), Polyethylene (PE), and others. The “Polypropylene” segment accounted for the largest market share of the market and led the overall market in 2016; the reason being, at high temperature it has excellent chemical and electrical resistance; it is lightweight material, and is inclusively used as a noise & vibration dampener and thermal insulator in vehicular components. In addition, it is translucent, semi-rigid; and offers fundamental hinge property.

The key applications that could be explored in the Automotive Plastics Market include Chassis, Powertrain, Under the Hood Components, Electrical Components, Exterior Furnishings, and Interior Furnishings. The “Interior furnishings” segment accounted for the largest market share of the market in terms of volume had developed as the dominant application in 2016;the reason being use of plastics in automobile furnishings like fascia systems, light display & panels, steering wheels and seat covers; followed by Exterior furnishings.

Asia-Pacific accounted for the major share of the Automotive Plastics Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing manufacturing base and rising investments in advanced technologies of vehicular production and increasing production in developing regions like Thailand, China, Indonesia, India, and Vietnam; followed by Europe.

On the other hand, European market accounts for the significant share of Automotive Plastics industry in terms of revenue owing to use of advanced technology and high-quality plastics as they are energy effective and help in reducing the overall weight of the vehicle. In addition, automakers from European countries have to shift from diesel engines to electrified motors to meet higher emission standards.

Some of the key players that fuel the growth of the Automotive Plastics industry comprise BASF SE, AkzoNobel N.V, Covestro, Johnson Controls, Evonik Industries AG, Magna International, SABIC, Momentive Performance Materials Inc., Borealis AG, The Dow Chemical Company, Hanwha Azdel Inc., Teijin Ltd, Lear Corp., Owens Corning, Royal DSM N.V, Quadrant AG, and Grupo Antolin, among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Electric Vehicle (EV) Infotainment Market Share, Consumption and Revenue Analysis Report 2025

5^th September 2019 – Global Electric Vehicle (EV) Infotainment Market size is expected to reach USD 225.0 billion by 2025. An electric vehicle uses electric motors or traction motors for propulsion using electric energy from batteries. The EV infotainment system is itself integrated in an electric vehicles’ information system with public transport networks to provide a unique user experience to the driver. This infotainment system connects the electric vehicle to charging station networks and provides improved geo-positioning services such as route mapping, traffic monitoring, and location detection functions. The electric vehicle infotainment market size is expected to grow at a CAGR of 69.0% over the forecast period as the scope, product types, and its applications are increasing across the world.

The rising demand for in-car infotainment systems, growing acceptance of small & medium sized EVs, and growing demand for head-up & rear seat entertainment systems in EVs are factors that may boost overall market in the years to come. Increasing demand for GPS navigation enabled infotainment system, rising demand for smartphone integration with in-vehicle infotainment (IVI) system, growing urban population, and booming automobile industry are the major factors driving the growth of EV infotainment market in the forecast period. However, high maintenance & installation cost of the rear seat entertainment system is expected to restrain the EV infotainment industry in the forecast period. The electric vehicle (EV) infotainment market is categorized based on system type, connectivity type, end user, and geography.

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System types that could be explored in EV infotainment market include heads-up system, multimedia system, navigation system, rear seat entertainment system, driver information & communication system, and others. The “heads-up display” system accounted for USD 0.16 billion in 2016 and is expected to grow at a CAGR of 75% over the forecast period. This is due to assets such as actual time projection of data on windshield, decreased driver aberration and low cost. However, the “multimedia system” is expected to hold the largest market share in the coming years due to increasing extensive usage of smartphones in EVs.

End users such as passenger cars and commercial vehicles could be explored in EV infotainment market in the coming years. Commercial EV infotainment is anticipated to grow at a CAGR of 71.0% in the forecast period due to increasing demand for heavy duty commercial electric vehicle. The market is categorized based on connectivity type such as bluetooth, wireless, wired connectivity, and cellular. The “wireless connectivity” infotainment system accounted for over 38% market share in 2016 and is anticipated to grow at a significant CAGR during the forecast period. This growth may be attributed to the wireless connectivity is much faster & reliable, which transfers data at a high speed.

Asia Pacific dominated the market at USD 1.03 billion in 2016 and is expected to grow at the highest CAGR in the forecast period. The regional growth may be attributed to the presence of key players, better infrastructure facilities for manufacturing EV infotainment system, availability of cheaper labor, increasing sale of automobiles, good economic condition, and increasing urban population. Latin America is the second major shareholder of global market and is followed by North America region.

The key players operating in the electric vehicle (EV) infotainment market are Continental AG, Audi AG, Panasonic Corporation, General Motors Corporation, Aisin Seiki Co. Ltd., Pioneer Corporation, JVC Kenwood, Alpine Electronics Inc., Denso Corporation, Delphi Automotive Plc., Garmin Ltd., Continental AG, Clarion Corporation of America, Aisin Seiki Co. Ltd., Harman International Industries Inc., and Clarion Corporation of America. These market players strongly invest in the expansion of their business and development to maintain a top position in the market. Also, these players concentrating on new joint ventures, collaborations, agreements, and strategies to improve their production facilities and gain a larger share in the market.

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Smart Transportation Market Size, Main Top Players, Analysis and Forecast To 2024

21^st August 2019 – Smart transportation industry is anticipated to grow at a significant CAGR of 22.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Global Smart Transportation Market is anticipated to reach USD 285.12 billion by 2024. The market is anticipated to grow at a healthy rate in the years to come. Smart transportation system implies sustainable and efficient intermodal transport system and infrastructure that can transport high level of performance and intelligence. Smart transportation system comprises use of advanced technologies such as telecommunication, computers, electronics information, and progressive sensors to offer information to customers to develop efficiency and safety of the transportation system.

Smart transportation system is progressively being accepted to reduce environmental impact of greenhouse gasses emitted by vehicles, improve traffic management, and reduce congestion. On the other hand, there are factors that may hamper the growth of the market such as smart transportation requires a big database of road networks that could not be accessible in the emerging countries, and huge capital investment.

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Smart transportation market may be explored by solution, service, and geography. The market may be explored by solution as Traffic management system, Parking management system, Integrated supervision system, and Ticketing management system. The “Traffic Management” segment dominated the smart transportation industry in 2016 and is anticipated to maintain its dominance by 2024. They are mainly used for minimizing traffic jams on roads and managing traffic in cities prominent traffic management solutions comprise traditional signaling and smart signaling systems, and route guidance systems, intelligent video management systems, and video surveillance systems.

Smart transportation industry may be explored by service as Support and Maintenance, Consulting, and Deployment and Integration. The “Deployment and Integration” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2024. Deployment and integration service helps in reducing the integration and deployment time. This service is vitalfor emerging end-to-end traffic managing, passenger, parking management system solutions, and ticketing, for the global market. The growing necessity for advancement of the current transport organization to support several smart solutions would initiate the deployment and integration facilities in the market.

North America accounted for the major share of the Smart Transportation Market Size in 2015 and will continue to lead in the forecast period due to factors such asearly acceptance of severalnew technologies, increasing government investments in transport infrastructure. On the other hand, Europe is anticipated to benefit from its fast digitization across verticals. Growing technological advancements and increasing acceptance of smart connected devices, followed by a robust government vision, and healthy network infrastructure toward smart transportation are anticipated to propel development in the smart transportation industry.

Some of the key players that fuel the development of the smart transportation market include AGT International, SAP SE, Cisco Systems Inc., IBM Corporation, Logica, Hitachi Inc.,GSM Association, Schneider Inc., Oracle Corporation, Siemens Corporation, ERTICO-ITS, Orange Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Rear-view Mirror Market Growth, Status and Trends Report by 2025

16^th August 2019 – Rear-view Mirror Market is anticipated to reach USD 15.76 billion by 2025. It is anticipated to grow at a healthy rate in the years to come. The important function of rare-view mirror is to provide the driver a clear vision of all the objects at the side of the vehicle. To confirm safety, manufacturers are concentrating on innovative technologies for the growth of rear-view mirrors. For instance, a newly launched rear view mirror includes a rear camera, where the whole display mirror is changed into a video display that offers a panoramic view of the things behind the car.

In addition, the advancement in the technology, concept cars are coming with camera installed instead of mirrors; which will upsurge the demand for rare-view mirror. On the other hand, high cost of cameras as compared to traditional rear-view mirrors will hamper the market in the years to come. The rear-view mirrors market is anticipated to grow at a significant CAGR of 5.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Rear-view mirror industry may be explored by feature type, mounting location outlook, product type, type outlook, vertical outlook, and geography. It may be explored by feature type as Blind Spot Detection, Auto-Dimming, Power Control, Heating Function, Automatic Folding, and Others. The “heating function” dominated the market in 2016 and is anticipated to remain its dominance over the upcoming period.

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Rear-view mirror industry may be explored by mounting location outlook as Door Mounted, and Body Mounted. The “Door mounted” segment is anticipated to dominate the rare-view mirror market in the forecast period. It is also termed as “Wing Mirrors” and are extensively used in luxury vehicles.

Rear-view mirror market may be explored by product type as Smart Rear-View Mirror, and Conventional Rear-View Mirror. It may be explored by type as Exterior Mirror, and Interior Mirror. The Exterior mirror is anticipated to dominate the automotive rare-view mirror market in the forecast period. The usage of exterior mirrors is essential in all types of vehicles. The passenger cars usually have two exterior mirrors. However, in the case of buses and trucks, the number of exterior mirrors is higher than passenger cars. Exterior mirrors frequently comprise features such as blind spot detection, auto dimming, and turn signal indicator.

Rear-view Mirror industry may be explored by Vertical Outlook as Passenger Vehicles, and Commercial Vehicles. The Passenger vehicle is anticipated to dominate the automotive rare-view mirror market in the forecast period. Passenger vehicles comprise all personal-use transportation vehicles, such as luxury vehicles, SUVs, and sedans, and are usually considered to accommodate five to eight persons.

Asia-Pacific accounted for the major share of the Rear-view Mirror Market Size in 2016 and will continue to lead in the forecast period as demand for automotive mirror is directly associated to the vehicle production in this region. The Asia-Pacific represents countries such as South Korea, China, India, and Japan. These regions, with the world’s highest vehicle manufacturing units, will upsurge the demand for the market in the upcoming period.

Some of the key players that fuel the growth of the rear-view mirror industry include Magna International Inc., Murakami Corporation, Ichikoh Industries Ltd., Samvardhana Motherson Reflectec, Lumax Automotive Systems Ltd, Flabeg Automotive Holding GmbH, SL Corporation, Ficosa Internacional SA, Burco Inc., Valeo SA, and Gentex Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Automotive Sunroof Market Revenue Analysis by Regions, Types and Manufacturers 2025

1^st Aug 2019 – The global automotive sunroof market crossed 6.2 billion in 2016 and is expected to grow considerably by 2025 with increasing consumers demand for luxury cars. Automotive sunroof is the roof opening in 4-wheelers just like one with coverable metal panel. Consumers mainly look for comparatively higher comfort for their cars than before. Presently, the air-conditioning and sunroofs are no more high-class components of modern luxury cars. With the growing competitive market, the vehicle manufacturers are making use of sunroofs and other equipment to build innovative designs. Some of the driving factors of the market include the need to manage light inside the vehicle and wider glass surface area in vehicles like larger sunroofs. These factors are expected to boost automotive sunroof market with a CAGR of 6.9% in the coming years.

Technological advancements in the vehicle industry such as installation of automotive sunroof is a major reason behind the increased comfort, safety and visually appealing features by customers. The sunroofs help the vehicle to get better air circulation along with improved lighting and brightness while daytime. This automatically increases the passengers’ comfort level inside the car. Currently, numerous manufacturers have begun using smart glasses, which takes care of the security issue.

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A smart glass is light in weight, raises the vehicle’s fuel efficiency, offer improved control on heat and light emission and lowers the use of (HVAC) heating ventilation and air conditioning unit to maintain the inner vehicle’s temperature. OEMs like Audi, Mercedes-Benz, BMW are successively using smart glass for the sunroof in their vehicles. This is expected to lead the market with positive development in the coming years.

In the previous years, the automotive sunroof industry witnessed major technological advancements by using different materials. Today, the vehicle makers are largely opting for durable high-tech materials like ethylene propylene diene monomer rubber products and silicone, which prevents the harmful UV radiations. Over the years, the industry is expected to grow impressively displaying dynamic technological innovations and improvements in leakage issues.

The after sales market is also fuelling up the growth of automotive sunroof industry. The rising alternative fuel vehicle division is inspiring the development of sunroofs with built-in solar cells that provides power to vehicles. Customers are now preferring sunroof, which is one of the major trends observed in the automotive sunroof market in the coming years. Moreover, the technological development for cost reduction and expanding functionality of sunroof glasses are on hike. This growing consumer demand for automotive sunroof vehicles in the developing countries is expected to drive the market.

The automotive sunroof industry is categorized on the basis of material type, glass type and sunroof type. On the basis of material type, the market is divided into Glass Sunroof type and Fiber Sunroof type. The Glass Sunroof type is expected to dominate the market growth in terms of revenue. On the basis of Glass Type, the industry is divided into Laminated Glass Sunroof and Tempered Glass Sunroof. On the basis of Sunroof Type, the industry is divided into In-Built Glass Sunroof, Tilt and Slide Glass Sunroof, Panoramic Glass Sunroof, Top-Mount Glass Sunroof, Pop-Up Glass Sunroof and Solar Glass Sunroof.

Geographically, the automotive sunroof market can be segmented as Europe, North America, Asia Pacific, Middle East & Africa and Latin America. Europe is predicted to dominate the market share in the coming years with progressive increase in demand for luxury vehicles with sunroof. Some major automotive sunroof industry players profiled are Automotive Sunroof Company, Webasto SE, Nippon Sheet Glass Co. Ltd., Yachiyo Industry Co., Ltd., Johnan America, Inc., Corning Inc., Meritor Inc., Aisin Seiki Co., Ltd., Inalfa Roof Systems Group B.V and Inteva Products, LLC,.

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Automotive Interior Ambient Lighting Market Business Opportunities, and Current Trends Report By 2025

30^th July 2019 – Global Automotive Interior Ambient Lighting Market size is expected to reach USD 4.59 billion by 2025. Automotive interior ambient lighting is extensively used for drivers’ safety as it ensures effective visibility of dashboard and is used by the automotive manufacturers as a tool of product differentiation. The adoption of interior ambient lighting in automobiles is anticipated to increase due to growing awareness regarding energy-efficient lighting systems and increasing sales of luxury vehicles equipped with infotainment and navigation systems. The market size is expected to record a CAGR of 7.2% in the upcoming period.

Automotive interior ambient lighting is one of the most important parts of vehicles that is gaining popularity among the vehicle manufacturers. Moreover, new product developments and constant innovations in the lighting systems are the major factors driving the growth of market in the next couple of years.

Applications such as foot well, dashboard, doors, center console, and others could be explored in automotive interior ambient lighting industry. The “dashboard” segment is anticipated to witness the highest market share during the forecast period due to increasing sales of ultra-luxurious vehicles and increasing installation of ambient lighting. The market size based on vehicle type is classified into green cars and conventional cars. The “conventional cars” segment is expected to hold the largest market share in the upcoming period. Conventional cars include passenger cars or road vehicles such as luxury cars, vans, sedans and SUVs, which are manufactured for transporting passengers and designed to seat more than five individuals.

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The factors that play an important role in the growth of automotive interior ambient lighting market include increasing demand, growing population, increasing urbanization & industrialization, improving advancements in the automotive industry, growing demand for luxury vehicles, rising installation rate of ambient lighting, increasing demand for LEDs in cars, growing automotive industry, technological advancements, and stringent government rules & regulations. Moreover, increasing awareness about energy-efficient lighting systems, growing customer inclination toward safety & comfort features and technological advancements in automotive interior lighting technology are further driving the demand for ambient lighting in the automotive industry.

However, high costs of OE integration and fluctuating prices of raw materials are negatively impacting the growth of automotive interior ambient lighting industry. The probable stakeholders for market include ambient lighting manufacturers, original equipment manufacturers (OEM), and lighting source providers.

The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on type, application, technology, fuel vehicle and geography. The market is classified into fuel vehicle such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicle (HEVs). PHEVs combine diesel or gasoline engine with an electric motor and a large rechargeable battery. They use electricity for cover longer distances and operation. Battery electric vehicles (BEVs) use chemical energy harnessed from rechargeable battery packs and have no internal energy combustion engines. They are easy to maintain and are eco-friendly.

North America held the highest market share in 2016 and is expected to hold the largest market share in the years to come due to increasing luxury vehicle sales and incorporation of ambient lighting in all premium and mid-segment vehicles. On the other hand, Asia Pacific is projected to grow at a high CAGR in the coming years owing to the increasing presence of large number of vehicle manufactures and growing demand for luxury vehicles.

The key players contributing to the robust development of the automotive interior ambient lighting market include OSRAM GmbH, SCHOTT AG, HellaKGaAHueck & Co., DRÄXLMAIER Group, Koita Manufacturing Co. Ltd., GE Lighting, General Electric, Federal-Mogul Corporation, Ford Motor Company, MagnetiMarelli S.p.A, Zizala, Robert Bosch GmbH, Stanley Electric Co. Ltd., Hyundai Motor Company, Mahindra & Mahindra Ltd, Ichikoh Industries, Valeo S.A., Toyota Motor Corporation and GrupoAntol in. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Truck Racks Market Share, Emerging Trends, Size & Forecast Report, 2025

29^th July 2019 – The global Truck Racks Market is estimated to touch USD 1.09 billion by the completion of 2025. As per the study done by Grand View Research, the global Truck Racks market is likely to develop by a CAGR of 4.9% for the duration of the prediction. Flowing demand for the truck racks created from aluminum, due to their lighter weightiness and extended lifespan is expected to be some of the important tendencies promoting the general market.

Increasing call for the product such as an attachment to transportation of a number of industrialized and sports associated apparatus is estimated to strengthen the progress of the market. Furthermore, upsurge in trades of pickup trucks, mainly in North America, is expected to be some of the important tendencies boosting the progress of the market. The international market is expected to advantage from the existence of a huge customer base in North America, together with rapidly increasing trades of pickup trucks in Asia Pacific. Important companies procure raw materials from low price traders situated in Asia with the aim of reduce their charges of manufacturing and rise the limits of profit.

The division of the truck racks market on the source of Type of Application could span Aftermarket and OEM. The OEMs constitute a smaller stake in the market such as product producers deal out openly over a system established by them. OEMs in the market of truck racks mostly source standardized merchandises, those are fit and suit their automobiles. Thus, it decreases the level of customization probable for the merchandises.

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The division of the global Truck Racks market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Aluminum and Steel. The market distinguishes high demand for together aluminum constructed and steel truck racks. Steel constructed merchandises are desired because of greater confrontation to the stress and extended life spans for the usages. Furthermore, usage of steel racks for uses necessitating greater load transporting capabilities is expected to boost the market above the prediction period. Demand for steel constructed merchandises is expected to increase to a price of US$ 300.4 million by the completion of 2025 owing to their wide spread usage in low price pickup trucks.

The demand for truck racks made from aluminum is projected to experience a severe increase above the approaching years. Their less weightiness confirms improved effectiveness in transporting leisure and domestic applications. They are utilized extra regularly such as they deliver greater confrontation to eroding. Growing proportions of aluminum reprocessing and deteriorating prices of product are likely to back to the progress of the subdivision. Demand for aluminum constructed racks is expected to record a severe upsurge owing to greater charges for the setting up of the product, largely for intermediate and high end pickup models.

The division of the Truck Racks industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

By the source of geography, the market in North America is categorized by way of great demand for truck racks. Existence of asum of pickup truck companies such as Nissan, Toyota, Ford and General Motors in the area has headed to greater trades of these automobiles. Additionally, these companies are expected to upgrade the capability of manufacturing by equal to 5% per year so as to encounter growing demand, that in order will shoot the trades of truck racks. There is robust demand from the customer for normal and headache racks so as to strengthen operating competences.

Asia Pacific is the best encouraging provincial market. Australia is expected to offer greater openings for development in the area, due to increasing transactions of pickup trucks. The economy is assessed to record a CAGR of 6.2% by income for the duration of the prediction. Europe is likely to experience strong development over 2025 due to gushing demand for the manufactured goods from user businesses. A flourishing subdivision of midsized pickup truck, which is motivated by growing presentation of new-fangled models by protuberant companies for example Nissan, Ford, Fiat and Mercedes, is expected to back to the area.

The statement revises Trades in terms of intake of Truck Racks in the international market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East and Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies, operating in the field of Truck Racks on the international basis are Nissan, Ford, Fiat, and Mercedes.

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Rolling Stock Market Regional Analysis With Top Players 2025

29^th July 2019 – Global Rolling Stock Market size is expected to reach USD 75.12 billion by 2025. Rolling stock is the wheeled vehicles that are used on a railway. It is commonly used for transportation of passengers as well as goods such as conventional fuels, agricultural products, heavy machinery and construction materials. It has facilitated easy transportation with some benefits such as reliability, cost-effectiveness and comfort. Need for reduced traffic, reliability and cost efficiency has increased the adoption of rolling stock for transportation of goods, passengers and animals. The rolling stock market to witnesses a CAGR of 4% in the forecast period.

In rolling stock, some locomotive technologies are used such as conventional locomotive, turbocharge locomotive, maglev, and others. The “turbocharge locomotive” segment is projected to grow at the higher CAGR in the coming years. Numerous companies are implementing turbocharger technology in locomotives used for public transport. Rolling stock could be explored by product such as rapid transit vehicle, locomotive, wagon, subway/metro vehicle, passenger coach, light rail/ tram car, and others. The “rapid transit vehicle” segment is anticipated to witness strong growth in the next couple of years owing to high speed and enhanced comfort offered by these vehicles. Moreover, increasing demand for magnetic levitation trains and automated trains for public transportation is expected to boost the market growth in the next couple of years.

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Train types such as rail freight and passenger rail could be explored in rolling stock industry. The demand for passenger rails is constantly increasing globally. Moreover, passenger rails are mass transit systems and more cost-effective than roadways. Metros, trams and high-speed trains are the most preferred passenger rails due to their faster transportation service.

The factors that play an important role in the growth of market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for public transport, increasing need for energy-efficient transport, rising demand for rail vehicles such as local trains, trams & passenger rails, technological advancement and stringent government rules & regulations. The other factors include improvement of rail tracks, enhancements to the existing rail management systems, building new lanes, technological development of rail control and signaling services.

Moreover, growing rail supply market in the rail infrastructure projects and governments are heavily investing in the rail infrastructure projects like signaling, electrifying of tracks & urban transit systems in developing countries are major factors driving the growth of market in the next couple of years. However, high installation and maintenance cost of rolling stock is negatively impacting the growth of rolling stock industry.

The probable stakeholders for market include manufacturers of rolling stock, dealers & distributors of rolling stock, investment firms, equity research firms, private equity firms and industry associations. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is classified into product, type, train type, locomotive technology and geography.

The market is classified by type such as diesel and electric. The “electric vehicles” sector is expected to hold the large market share in the upcoming period due to its benefits such as reduced pollution and enhanced efficiency of vehicles. Electric trains are eco-friendly and emit 20%-30% less carbon monoxide as compared to diesel trains.

Asia Pacific is projected to grow at the higher CAGR in the upcoming period owing to the increasing adoption of rail vehicles for transporting goods and passengers. Also, the growing investments in electric and metro trains in developing countries such as India, Taiwan and China which fuels the growth of market in this region. Middle East & Africa (MEA) is expected to be the fastest growing region in the years to come due to the rising applications of rolling stock in the oil & gas and mining industries for transportation of goods.

The key players contributing to the robust development of the rolling stock industry includes CRRC Corporation Limited, Alstom Transport, Bombardier Transportation, Alstom SA, Trinity Rail Group LLC, GE Transportation, Diesel Locomotive Works (DLW), Stadler Rail AG, Siemens Mobility, Japan Transport Engineering Company, Downer Rail, Faiveley Transport, General Electric Company, UGL Rail, The Greenbrier Co., Texmaco Rail and Engineering, Hitachi Rail Systems, and Hyundai Rotem. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Rear Spoiler Market Consumption and Revenue Forecast by Regions 2025

22^nd July 2019 – The Rear Spoiler Market is predicted to grow considerable at CAGR of 7.9% primarily owing to the manufacturing of plastic spoilers.

The Global Rear Spoiler Market is anticipated to reach USD 7.30 billion by 2025 with the contribution of growing demand for the SUVs and MPVs from the young generation. A Rear Spoiler is an automotive aerodynamic device that helps in spoiling the opposing air movement across the body of the vehicle. The spoilers present on the front of the cars are called as air dams that are essential for the engine cooling and high speed stability.

The rising demand from SUVs (sports utility vehicles) and high-speed vehicles is expected to support the rear spoiler industry growth significantly. The carbon fiber, which is mostly used in the manufacturing of rear spoilers is preferred by the aftermarket since the customization is carried out by the independent service providers. The rear spoiler also possesses features like high strength, durability, improved finishing and appearance and lightless.

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Some spoilers are fitted on the cars just for designing purpose or for improved aerodynamics. A rear spoiler supports in increasing the efficiency and decreasing the drag. The spoilers improve the traction capability of a car, improve the visibility of the car and reduce the weight of the car, technically.

At present, several cars are well-furnished with Rear Spoilers to improve the fuel efficiency and reduce the rate of accidents. Most customers install the rear spoilers for designing purpose, which is a reason for increased demand. The bulk manufacturing of composite materials is anticipated to diminish the cost of raw materials in near future. This will ultimately reduce the overall cost of rear spoilers and produce a higher demand over the years.

The Internal Combustion Engine is projected to dominate the rear spoiler industry in the near future. Maintaining the balance of the car at higher speeds and providing aerodynamic features are among the major advantages to manufacture Internal Combustion Engines. This will further support the rear spoiler from the automobile sector. The rear spoilers manufactured from the hybrid segment is predicted to contribute the CAGR impressively over the years. Such a penetrating of hybrid vehicles from the different parts of the world economies will boost the market growth. Depending on the vehicle segment, the hatchback segment is expected to dominate the market due to compact size and rates.

The hiked prices of the rear spoiler along with environmental concerns are majorly driving the automotive producers to develop fuel efficient cars with low emissions. Owing to the recent years, the fuel efficiency need is progressively rising in the automotive industry. Due to this reason, the extensive research is experiencing the development of aerodynamically improved vehicle designs. Hence, the demand for this improved product is expected to contribute largely to the rear spoiler market. Nevertheless, the rear spoiler installation and maintenance are very costly which may restrict the market growth in the coming years. The rear spoiler providers many a times offer suitable devices at reasonable rates and with after sale services for gaining customer confidence.

The rear spoiler industry is categorized on the grounds of vehicle type, material type, sales channel, technology, fuel, design and region. On the grounds of vehicle type, the market is divided into Hatchback, SUV and MPV. On the grounds of material type, the industry is divided into ABC Plastic, Fiber Glass, Silicon and Carbon Fiber. On the grounds of sales channel, the market is divided into OEM and After Market. On the grounds of technology, the rear spoiler market is divided into Blow, Injection and Reaction Injection Molding. On the grounds of fuel, the industry is divided into ICE and BEV. On the grounds of design, the market is divided into Strips and Free Standing Wing.

Some of the prominent rear spoiler industry participants are across the globe are Jiangnan Mould and Plastic Technology Co., Ltd. Albar Industries Inc., SMP Automotive,P.U. Tech Spoiler, Polytec Group, Thai Rung Union Car Plc., Rehau Ltd., Inoac Corporation, Plastic Omnium, SRG Global, AP PlasmanInc and Magna International.

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Advanced Driver Assistance Systems (ADAS) Market Size, and Growth Information Analysis Report By 2025

18^th July 2019 – Latest Research Report on Advanced Driver Assistance Systems (ADAS) Market starts with a deep introduction and then delves broad into specific segments such as raw material, application, end user, and region, policy study, value chain structure, and upcoming trends in segments or regions. The report on Advanced Driver Assistance Systems (ADAS) prepare a case for investments in different regions based on a practical view of their regulatory outline, manufacturing dynamics, and availability of skills and resources in that region.

Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD 67.43 billion by 2025. Advance Driver Assistance Systems (ADAS) implies a set of systems used in vehicles to offer a comfortable and an intelligent driving involvement. Rise in demand for progressive system as night vision, road sign recognition, drowsiness system is projected to influence the overall manufacturing in the forecast period. The Advanced Driver Assistance Systems market size is expected to grow at a 19.0% CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The demand for old-style ADAS system as autonomous emergency braking, adaptive cruise control system is projected to develop exponentially due to stringent rules to improve road safety and decrease in road accidents. In addition, the factors propelling the market include impending need for comfort, growing focus on consumer safety, and increase in governments’ rules that ensure the security of the ADAS market development. On the other hand, the lack of consciousness among medium and low-end customers, high cost of installation concerning the functionality and importance of these organizations in improving driver safety could restrain the Advanced Driver Assistance Systems (ADAS) development of late.

Advanced Driver Assistance Systems (ADAS) Market size may be explored by solution type, component type, interior design, and geography. Advanced Driver Assistance Systems (ADAS) may be explored by solution type as Autonomous Emergency Braking, Park assistance, Adaptive Front Lights, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure Monitoring System, Lane Departure Warning System, Others.

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The Tire Pressure Monitoring System segment is estimated to rule the Advanced Driver Assistance Systems market in 2018; due to its low cost, which permits aftermarket acceptance by medium and small car owners. Furthermore, Tire Pressure Monitoring system is followed by adaptive cruise control and anticipated to grow at a highest CAGR of 19.0% over the forthcoming period, due to stringent government rules for required fixture in cars manufactured in Europe and U.S.

Advanced Driver Assistance Systems (ADAS) may be explored by component type as Sensors, (Radar, Ultrasonic, LiDAR, Others), Processor, Software, Others. ADAS relies on sensors and their accuracy. Numerous sensors as LIDAR, RADAR, ultrasonic, and camera sensors operate together in direction to achieve desired assistance and safety function. Among various sensor categories, Lidar sensors are anticipated to increase high traction due to its crucial position in mechanization of vehicles.

In addition, the ADAS processors are expected to witness high development over the forecast period. The development can be ascribed to the composite procedures of the ADAS functionality. Corporations such as Intel company are working on the ECU alliance in order to lessen the amount of ECU mainly used for each purpose distinctly. Advanced Driver Assistance Systems (ADAS) may be explored by Interior design as Commercial vehicle, Passenger car, Heavy commercial vehicle, Light commercial vehicle.

North America has been at the forefront with regards to Advanced Driver Assistance Systems (ADAS) Market share and will continue to rule the roost in the years to come. North America ruled the overall advanced driver assistance system with 34% share in 2016; followed by Asia-Pacific.

In addition, increase in demand for progressive driver protection organizations in the developing countries as India due to high rate of road accidents and growing sales of high-end cars would drive the APAC’s Advanced Driver Assistance Systems market in the years to come. European region is anticipated to observe small fall in share, due to marketplace saturation with the existing Advanced Driver Assistance systems functionalities.

Some of the key players that fuel the growth of the Advanced Driver Assistance Systems (ADAS) Industry size include Renesas Electronics Corporation, Magna International Inc., Autoliv Inc., Robert Bosch GmbH, Texas Instruments, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, and Continental AG. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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