LeapZipBlog: Steve Blade

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Auxiliary Two Wheeler Lighting Generate Major Revenue in Two Wheeler Lighting Market

February 18, 2019 by Steve Blade  

 According to a latest study presented by Fact.MR, the global two wheeler lighting market will possibly cross the valuation of US$ 400 Mn in terms of revenue, by 2022 end. During 2017-2022, the global revenue of two wheeler lighting market is slated to grow a sluggish pace, exhibiting the CAGR of less than 3%.

A majority of modern two wheeler models equipped with the AHO (automatic headlight on) feature underlines the growing significance of vehicle safety worldwide. Besides the increasing necessity to embrace the safety quotient, two wheeler lighting manufacturers are considering improved aesthetics and lower energy consumption of paramount importance. This parallel requirement has been compelling OEMs as well as two wheeler lighting system providers to incur the shift to high performance LED in the  two wheeler lighting market.

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While the recent past has been observing growing adoption of LED especially in rear lamps, headlamps still record major reliance on halogen and projector two wheeler lighting. Although LED is visibly gaining grounds in the global two wheeler lighting market, halogen will continue to represent the most preferred two wheeler lighting source over the years ahead.

Based on the voltage, 12V segment in the two wheeler lighting market registered over three-fifth share of the global market value in 2017. While 14V segment in the two wheeler lighting market is poised to see steady growth over the course of assessment period, 12V is likely to approach the valuation equating US$ 1.5 Bn towards the end of 2022. Leading players in two wheeler lighting market are expected to direct their investments in the 14V segment to improve penetration in APEJ over the next few years.

Escalating DRL Popularity Points to Improving Scenario for LED in Two Wheeler Lighting Market

Visibly rapid transitioning of DRLs (daytime running lights) from halogen to LED in terms of source highlights the potential of LED to witness robust growth in the near future. However, despite the two wheeler lighting market holds healthy prospects for LED, halogen still lead the mainstream selection of two wheeler lighting. Over the next few years, LED is expected to account for over one-fourth share of the total two wheeler lighting market value. With steady DRL adoption by two wheeler owners pushing LED scenario, it will further strengthen with an exclusive application of LED in sequential turn lighting.

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Competition Tracking: Global Two Wheeler Lighting Market

Osram GmbH, Hella KGaA Hueck & Co, and General Electric are a few of the prominent leaders competing in the global two wheeler lighting market space. Among these, Osram GmbH considers India as one of the top performing markets in the automotive lighting sector and over the next couple of years, the company expects over 60% of the revenue share coming from India alone. Osram (India) recently announced the launch of a brand new range of automotive lighting solutions, i.e. Rallye – a cost competitive lighting range that includes around 12 halogen lamp variants for four wheelers, two wheelers, and commercial vehicles.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

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Motorcycle Filter Market: Synthetic Filter Media Boosting the Sales

February 18, 2019 by Steve Blade  

The global motorcycle filter market is forecasted to demonstrate a steady CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global motorcycle filter market will garner over US$ 3,200 Mn value by the end of 2022.

Engine oil is a necessary additive to the internal combustion engine in order to ensure proper lubrication of all the parts of the engine and this ensures that all the parts of the engine are working smoothly. However, when the engine oil circulates inside the engine, it accumulates dirt particles and bits of the engine parts, and if not filtered, will cause damage to the engine.

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Hence, in order to ensure that the working of the engine is smooth, filters are used to filter out such contaminants. Using filters increasing the life of the engine, ensures that the engine functions smoothly and is a part of the preventive maintenance of the motorcycle.

Considering the broad scope of global motorcycle filter market, the report includes a segment-wise analysis and forecast. The global motorcycle filter market is segmented into – filter type, filter media, sales channel, and region. Through this section, the report offers an in-depth country-specific forecast on every parameter associated with the global motorcycle filter market

Oil Filter sub-segment in the Filter Type Segment to be the Most Prominent

As per the Fact.MR analysis, the oil filter sub-segment is the largest one in the filter type segment and is poised to demonstrate a strong CAGR during the forecast period. It is also expected to gain at the Basis Point Share index as per the finding of the Fact.MR research. The largest share is contributed by the APEJ region in the oil filter market and APEJ region is poised to hold more than two-third of the of the filter oil market.

Synthetic Filter Media to Grow at a Robust CAGR during the Assessment Period

As per the Fact.MR report on global motorcycle filter market, the synthetic sub-segment of the filter media segment is going to exhibit a robust CAGR growth during the forecast period. The other sub-segment in this category is the cellulose filter media. Synthetic sub-segment is expected to create absolute dollar opportunity of nearly US$ 550 Mn between 2017 and 2022.

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Prominent Players operating in the Global Motorcycle Filter Market

The prominent players featured in Fact.MR’s report on the global motorcycle filter market are NAPA Filters, Pipercross Performance Filters, K & N Engineering, Inc., MAHLE GmbH, DNA Filters, Solat International Trading Co. Ltd., BMC Srl, SIMOTA, Uni Filter Inc., Roki Co. Ltd., and Mann+Hummel.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

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Advanced High Strength Steel Market Highlighting Regional Revenue Share Dominance During 2018 to 2027

February 18, 2019 by Steve Blade  

Sales of advanced high strength steel have witnessed a significant surge, in line with growing preference of end-use industries for materials with favorable mechanical properties. The demand for advanced high strength steel is likely to surpass 13,800 KT in 2019, registering an upswing from 2018, as per the latest research study by Fact.MR.

Interest in enhancing fuel economy and vehicular safety continues to grow across both developed and developing economies, creating sustained opportunities for manufacturers of advanced high strength steel. The report opines that growing demand for advanced high strength steel has translated into a massive influx of innovative and new products, well aligned with end-user interest vis-à-vis high strength and optimal performance.

“End-user’s inclination toward advanced materials offering durability, while retaining formability critical to the manufacturing procedures, remains palpable in the market space. Manufacturers, in a bid to solidify their market sustenance, are developing distinguishable products offering optimal scalability and longevity, albeit repeated use”, says Fact.MR report.

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According to the Fact.MR report, end-user preference for dual phase advanced high strength steel (AHSS) continues to remain intact, with global sales likely to exceed 10,300 KT in 2019. Dual phase advanced high strength steel, otherwise known as ‘DP-AHSS’, offers immense scope for developing lighter and thinner components without compromising on strength, which is one among the chief factors boosting its adoption across multiple end-use verticals. Martensitic advanced high strength steel is also estimated to join the trail in terms of demand in 2019 and beyond, as end-users continue to demonstrate marked preferences for steel solutions offering robust mechanical strength.

The Fact.MR analysis finds that AHSS variants with moderate tensile strength will continue to remain preferred, on account of high use across a range of applications. This report opines that AHSS with ‘600-900 MPa’ tensile strength will remain the top-selling variant, with global sales estimated to exceed 7,000 KT in 2019.

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Advanced High Strength Steel Witness High Adoption in Development of Structural Details & Reinforcements

According to the Fact.MR report, advanced high strength steel will witness extensive adoption in development of structural details. Advanced high strength steel are widely used for crafting structural details and reinforcements as they offer immense scope for weight optimization and freedom of design. This, in turn, makes it a lucrative application target for the manufacturers in terms of profitability. Moreover, use of advanced high strength steel in manufacturing car seats is also gaining substantial traction, as car seat components are subject to strict safety standards.

As per Fact.MR’s analysis, Europe remains a highly profitable region for the manufacturers of advanced high strength steel. Demand for advanced high strength steel remains high in Europe, notably in the EU 5 countries, where the automakers are striving to reduce weight of vehicles in a bid to meet futuristic regulations vis-à-vis tailpipe emissions. The Fact.MR report unveils that Europe will continue to be the largest market for advanced high strength steel in 2019, with North America following suit.

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Offering products with excellent strength and high computability with end-use applications remains a key focal point for manufacturers of advanced high strength steel. Realizing the competition level in the global market space, manufacturers are vying to be well-positioned to capitalize on the evolving market trends. Manufacturers of advanced high strength steel are analyzing the short- and long-term consequences of incorporating new designs in a bid to constantly push their performance boundaries via launch of new products.

Fact.MR’s report delivers actionable insights into the advanced high strength steel market over the forecast period of 2018-2027. The report finds that advanced high strength steel market is likely to expand at a volume CAGR of over 10% through 2027.

Booming Automation at Research Laboratories to Boost Micro Motor Market

February 18, 2019 by Steve Blade  

As indicated by the micro motor market report published by Fact.Mr, automotive applications will remain the most opportunistic area for micro motor manufacturers. Demonstrating 5% CAGR over 2017-2022, the automotive applications are presumed to attract the revenue of over US$ 9 Bn in the micro motor market, followed by applications in industry automation and medical equipment systems. Fact.MR predicts a similar CAGR for both industry automation and medical equipment during the projection period; however the former will remain superior to the latter in terms of revenue sales.

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“Driven predominantly by high-potential opportunities in automotive, industrial automation, and medical equipment systems, the global micro motor market revenue will expand at a moderate CAGR of 4.4% over 2017-2022, reaching around US$ 38 Bn towards 2022 end,” predicts an expert research analyst at Fact.MR.

Strong growth in the demand for automation in analytical laboratories operating in chemical, life sciences, diagnostics, food technology, and pharmaceutical sectors is identified to be a prominent factor boosting micro motor sales. Automation of robotic biopsy systems, telemedicine robots, infusion pumps, endoscopy surgical precision, ultrasound transducer, and solution mixers will remain among the key growth drivers for micro motor landscape over the years ahead. This growth of micro motor market will be further strengthened by increasing deployment in construction and mining sectors, attributed to high endurance, low price point, and vibration alert notification.

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Micro motor market segmentation on the basis of product type – DC micro motor and AC micro motor.

Micro Motor Market Segmentation Analysis by Power Consumption

micro motor market based on the power consumed – less than 12V, 12V-48V, and more than 48V.

Micro motor Market Segmentation Analysis by Application

application-wise analysis of the market by multiple sub-segments, viz.

automotive, medical equipment systems, industry automation, agriculture equipment, aircraft, construction and mining equipment, and 3D printing.

Micro motor Market Segmentation Analysis by Technology

segmental analysis of technology segment that has been bifurcated into brushed micro motor and brushless micro motor.

Micro motor Market Segmentation Analysis by Region

the micro motor market report offers assessment of the market traversing six key regions operating in the global landscape. Regional analysis has been performed on the basis of all the four key segments – product type, power consumption, application, and technology.

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Product Definition: Micro Motor Market

Micro motors, as the term suggests, are miniaturized motors that are widely used by various end use verticals for mobility applications. Portability, high energy efficiency, and vibration alert notification are among the key attributes of micro motors that enable it to be considered as a better alternative to conventional small-sized motors.

With over US$ 10 Bn worth of revenue share in the global micro motor market, Asia Pacific currently reigns supreme. While the highest on-road vehicle parc and automotive production volume will continue to enable APEJ to secure the top ranking position globally, Europe is slated to emerge as a lucrative market for micro motor manufacturers in the near future. North America’s market for micro motor is anticipated to expand a promising CAGR over 2017-2022, which is attributed to mainstreaming of the technologies such as 3D printing and industry automation.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

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United States

sales@factmr.com

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Laundry Cleaning Product Market Projected to Augment at a Notable CAGR during the Forecast Period until 2022

February 18, 2019 by Steve Blade  

The laundry cleaning products market is driven by the rising demand for these products in the commercial cleaning processes of automotive textiles. The extensive use of various laundry cleaning products to clean various types of textiles in the hospitality industry is also accentuating the market. This is attributed to the pressing need for cleanliness and hygiene in hotels and restaurants. Recent washing trends in the global laundry cleaning products market suggest that the focus of end users toward sustainable and environmental-friendly practices has increased. The growing adoption of packaging made from recyclable materials and eco-friendly offerings is increasingly becoming an integral part of sustainable cleaning practices in the laundry cleaning market.

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According to Fact.MR, the opportunities in the global laundry cleaning products market is attractive as it is forecast to reach a worth of US$81,000 Mn by the end of 2022. However, the market is likely to tread on the path of lackluster growth rate.

With advances in household cleaning processes, better formulations of laundry cleaning products help buyers take care of their high-value garments, effortlessly and cost-effectively. The growing acceptance of ingredients wherein petrochemical-based raw materials are replaced with plant-based chemicals and organics formulations occupies a key part of research and developments in the laundry cleaning products market. 

In several developing and developed nations consumers are increasingly becoming conscious of the overall environmental impact of the cleaning process, paving way for innovations in the laundry cleaning products market. This is propelling the demand for biodegradable ingredients influencing the dynamics of the market.

There is an extensive worldwide demand for detergents among users in the laundry cleaning products markets. Among all the product types, the detergent segment garnered the highest share of revenue in 2017 in the global market. Formulations in laundry cleaning products in detergents have been in constant consumer scrutiny in recent years and the market has witnessed some crucial developments in this direction.

The worth of the market for detergent laundry cleaning products is expected to cross a valuation of over US$10,000 Mn by the end of 2022. Meanwhile, powder laundry cleaning products is expected to witness the leading growth in revenue in the overall laundry cleaning products market by the end of 2022.

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Among the other types of laundry cleaning products, liquid and gel is expected to witness the dominant share of the global demand in the Europe market by the end of the assessment period. However, the leading CAGR for the liquid and gel laundry cleaning products segment is likely to come from Asia Pacific excluding Japan (APEJ). This may be attributed to the marked convenience of use laundry cleaning products in gel and liquid form offers to end users in the region.

E-commerce holds Tremendous Potential in Laundry Cleaning Products Market

Among the various sales channels, e-commerce allows players in laundry cleaning products market to reap the benefit of scale. The e-commerce is showing vast potential for manufacturers of laundry cleaning products to tap emerging markets, particularly in Latin America. The segment is expected to rise at the most attractive CAGR during 2017–2022 in the laundry cleaning products market. The substantial proclivity of consumers toward e-commerce channels for all their household cleaning supply needs is underpinning the vast attractiveness in the laundry cleaning products market. However, grocery stores serve the dominant demand in Europe by the end of 2022. The category of other retail formats is anticipated to expand at the most attractive CAGR in the APEJ market over the assessment period of 2017–2022. Nevertheless, the adoption of better direct online sales strategies by players in the laundry cleaning products market will also result in more sales through e-commerce.

Some of the top players vying for sizeable shares in the laundry cleaning products market are Henkel AG & Co. KGaA, Bombril SA, Jyothy Laboratories, Church & Dwight Co, Inc., Unilever plc., Reckitt Benckiser Group, The Clorox Company, and Procter & Gamble  Co.

Aluminum Alloy Metal in for a Bright Future in the Global Automotive Metal Wheel Market

February 18, 2019 by Steve Blade  

 A comprehensive study by Fact.MR on the global market for automotive metal wheels offers critical insights on the aforesaid market, assessed for a period of five years, 2017-2022. Fact.MR forecasts that the global metal wheel market would record a sluggish CAGR through 2022, lying in the high value-low growth quadrant during the said timeline. The global automotive metal wheel market is anticipated to stand at a valuation of approximately US$ 92 Billion by the end of the forecast period. Fact.MR opines that increasing demand for light weight wheels for better fuel economy and vehicular performance is a major factor restraining the widespread adoption of automotive metal wheel, globally. Moreover, since metal wheels are more exposed to rust and corrosion, automotive wheel manufacturers prefer using alloy.

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Segmentation Analysis – Global Automotive Metal Wheel Market

The report categorizes the global automotive metal wheel market into various segments, further elaborating on the comparison of YoY growth, revenue, and market share on the basis of four key segments of the automotive metal wheel market, including:

  • Material type (steel, aluminum alloy, magnesium, composites, and others)
  • Sales channel (OEMs, aftermarket)
  • Vehicle type (compact PCs, mid-sized PCs, luxury PCs, premium PCs, LCVs, HCVs)
  • Technology type (casting and forging)
  •  

Ongoing Design Innovations to Reinvent the Automotive Metal Wheel Landscape

To keep abreast with the requirements from OEMs and end-use consumers demanding lighter and performance-efficient wheels, manufacturers in the global automotive metal wheel market are investing in a broad range of product simulations during the wheel development phase. Product simulations including wheel stiffness for noise reduction, natural frequency analysis of wheels, and torque simulations are likely to improve the quality of metal wheels and reduce development time.

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The in-depth view of the global automotive metal wheel market and includes the following sub-sections:

  • Market Taxonomy
  • Market Definition
  • Market Size and Forecast
  • Year-on-Year (YoY) Growth
  • Key Market Dynamics including drivers, restraints, and trends
  • Supply chain analysis
  • Cost structure analysis
  • Pricing analysis
  • Raw Material Sourcing Strategy and Analysis
  • List of Distributors
  • Key Participants Market Presence (Intensity Map) By Region

An extensive coverage of the market dynamics in this section, would allow the stakeholders

to recognize the market opportunities and make informed decisions

Manufacturers of automotive metal wheels have been experimenting with Titanium alloy-especially in electric vehicles, by replacing aluminum wheel centers with titanium alloys for light weight wheels. Additionally, manufacturers are also using carbon fiber band instead of aluminum for a significant reduction in weight and rotational inertia in automotive metal wheels.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

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sales@factmr.com

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Automotive Tubeless Tires Market Insights, Trends & Future Development Status Recorded during 2017 to 2022

February 18, 2019 by Steve Blade  

The capability of automotive tubeless tires to function efficiently at low temperature and pressure enables them to witness sustained adoption for transit operations within adverse environmental factors and low temperature conditions involved in are expected to generate decent demand for automotive tubeless tires. Moreover, escalating automotive tubeless tires demand from manufacturers of passenger vehicles and commercial vehicles will significantly propel the sales of automotive tubeless tires over the years ahead. High degree of reliability and vehicular safety offered by automotive tubeless tires have been earning superiority over traditional pneumatic tires over the recent past.

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While leading automakers have already pioneered the paradigm shift from pneumatic tires to automotive tubeless tires, relatively new entrants are also considering the shift to automotive tubeless tires as an imperative move to survive the competition. Non-complicated repair, low maintenance, and enduring operational life of automotive tubeless tires will continue to create positive prospects for their adoption among automotive manufacturers. Narrow air leaks and relatively lower friction are also the longstanding growth boosters impacting automotive tubeless tires market growth.

As predicted by the latest released research intelligence outlook by Fact.MR on the global market for automotive tubeless tires, the market will exhibit healthy expansion over the five-year assessment period. The global automotive tubeless tires market revenue is slated to approach US$ 195 Bn towards the end of 2022, witnessing a robust CAGR of 6.7% over 2017-2022. “Increasing implementation of standard vehicle emission regulation and soaring awareness about fuel economy regulatory norms will remain the pivotal factors shaping the automotive tubeless tires adoption targeting vehicle fuel economy,” says the senior research analyst, Fact.MR.

Among the type of automotive tubeless tires, radial tires are expected to remain a preferred choice among automakers and drivers – especially for heavy commercial vehicles. As roads and transportation infrastructure continues to improve and fuel efficient automotive components begin to gain grounds, radial type automotive tubeless tires are anticipated to witness growing demand in the HCV sector. With over 75% share of the total automotive tubeless tires market revenue, radial tires will continue to dominate the bias type throughout the forecast period. While a majority of passenger cars have radial automotive tubeless tires, commercial vehicles hold promising prospects for radial tubeless tires in the near future.

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Passenger cars accounted for almost two-fifth of the total revenue of automotive tubeless tires market value in 2017, and the report projects more than US$ 85 Bn worth of revenue through the sales of automotive tubeless tires for passenger vehicles by 2022 end. An expanding on-road vehicle parc will remain the key factor driving deployment of automotive tubeless tires in passenger vehicles, whereas the same has been estimated to fuel the aftermarket sales of automotive tubeless tires throughout the assessment period. The dominance of US$ 95 Bn aftermarket over OEMs channel will be predominantly instrumented by an escalating trend of vehicle customization among vehicle owners.

According to regional analysis of automotive tubeless tires market presented in the global automotive tubeless tires market report, the US$ 50 Bn Asia Pacific (excluding Japan) will secure the top market position through 2022 – owing to strong presence of China, India, and South Korea in the bandwagon of automotive production. On the other side, North America’s market for automotive tubeless tires is presumed to expand at the highest CAGR during 2017-2022. Europe is also an important regional territory for automotive tubeless tires manufacturers, observing the elevating demand for high-end performance vehicles among European consumers.

Fact.MR, in addition to providing an extensive evaluation of all the push and pull factors associated with automotive tubeless tires market performance, offers precise strategic insights on the competitive landscape of automotive tubeless tires in the report. Some of the players profiled in automotive tubeless tires market report include Bridgestone Corporation, The Yokohama Rubber Co., Ltd., Michelin North America Inc., The Goodyear Tyre & Rubber Company, Sumitomo Rubber Industries Ltd., and Continental AG.

Drone Witnessing Mass Adoption for Security and Surveillance Applications

February 18, 2019 by Steve Blade  

DJI – the global drone leader, recently shipped 1000 Matrice drones equipped with machine vision, to Skycatch - the US-based startup, which are supposed to be conducting aerial surveys across the construction sites operated by Komatsu – one of the leading construction companies in Japan. DJI has also launched its latest offerings the Mavic 2 Zoom and the Mavic 2 Pro for enabling road travelers to take epic aerial shots of their car club with the highly sophisticated drone camera. Furthermore, an American tech giant - AeroVironment Inc. recently uncovered the US$ 6 Mn contract with Portuguese Army that involves the company’s Raven drones providing effective rapid force protection and high-end interoperability capabilities to the army.

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Projected to demonstrate stellar growth over the five-year forecast period, i.e. 2017-2022, the global drone market is likely to exhibit the CAGR of 22.8%.While this colossal expansion is predominantly attributed to extensive military applications, the recent years have been observing significant drone adoption by the commercial as well as industrial sectors – pushing proliferation of the global demand for drone technology in a plethora of end use verticals. UAV (unmanned aerial vehicle) or drone has witnessed tremendous evolution post first deployment; today, it is considered as an operational necessity.

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The report by Fact.MR expects commercial drone to emerge rapidly over the assessment period owing to widening application base in commercial and industrial sectors. As indicated by the report, the commercial drone is likely to reach just over US$ 6 Bn by 2022 end in terms of revenue. Although commercial drone currently accounts for a relatively lower value share in the drone market, increasing use cases in delivery, inspection, data transmission, 3D mapping, video collection, and other commercial applications are foreseen to uplift the growth prospects for commercial drone manufacturers in the near future. Experts even position commercial drone as the future of drone space.

Observing application-wise opportunities in drone market, border security will secure the top position, garnering hefty revenue through 2022. Significant opportunities are expected to spring up in aerial photography, construction, film and entertainment, agriculture, mining, and energy. Heavy payload capabilities and enduring flight times are identified to be the key factors that drone manufacturers and end user companies are focusing on. Although drones weighing within 25-150 kg payload are likely to enjoy the highest revenue sales of over US$ 3 Bn by the end of the forecast period, the report predicts a higher CAGR for the revenue generated through drones weighing within 150- 600 kg payload.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

Read Full PR Here:   https://www.factmr.com/media-release/646/global-drone-market

 

Motorcycle Filter Market Projected to Augment at a Notable CAGR during the Forecast Period until 2022

February 18, 2019 by Steve Blade  

The global motorcycle filter market is forecasted to demonstrate a steady CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global motorcycle filter market will garner over US$ 3,200 Mn value by the end of 2022.

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Engine oil is a necessary additive to the internal combustion engine in order to ensure proper lubrication of all the parts of the engine and this ensures that all the parts of the engine are working smoothly. However, when the engine oil circulates inside the engine, it accumulates dirt particles and bits of the engine parts, and if not filtered, will cause damage to the engine. Hence, in order to ensure that the working of the engine is smooth, filters are used to filter out such contaminants. Using filters increasing the life of the engine, ensures that the engine functions smoothly and is a part of the preventive maintenance of the motorcycle.

Oil Filter sub-segment in the Filter Type Segment to be the Most Prominent

As per the Fact.MR analysis, the oil filter sub-segment is the largest one in the filter type segment and is poised to demonstrate a strong CAGR during the forecast period. It is also expected to gain at the Basis Point Share index as per the finding of the Fact.MR research. The largest share is contributed by the APEJ region in the oil filter market and APEJ region is poised to hold more than two-third of the of the filter oil market.

Synthetic Filter Media to Grow at a Robust CAGR during the Assessment Period

As per the Fact.MR report on global motorcycle filter market, the synthetic sub-segment of the filter media segment is going to exhibit a robust CAGR growth during the forecast period. The other sub-segment in this category is the cellulose filter media. Synthetic sub-segment is expected to create absolute dollar opportunity of nearly US$ 550 Mn between 2017 and 2022.

Browse More Information about this Report @ https://www.factmr.com/report/104/motorcycle-filter-market

IAM segment to hold a Lion’s Share in the Sales Channel Segment

As per the forecast of Fact.MR, the IAM segment is poised to exhibit a robust growth in terms of CAGR during the assessment period. It is also expected to gain a number of points in the Basis Point Share index by the end of the year 2022 when compared with the year 2017. IAM segment is expected to create absolute $ opportunity of more than US$ 570 Mn between 2017 and 2022. The largest share is contributed by APEJ region in IAM segment.

Prominent Players operating in the Global Motorcycle Filter Market

The prominent players featured in Fact.MR’s report on the global motorcycle filter market are NAPA Filters, Pipercross Performance Filters, K & N Engineering, Inc., MAHLE GmbH, DNA Filters, Solat International Trading Co. Ltd., BMC Srl, SIMOTA, Uni Filter Inc., Roki Co. Ltd., and Mann+Hummel.

Global Vehicle Parking Meter Market Expected to Deliver Dynamic Progression until 2028

February 18, 2019 by Steve Blade  

Vehicle parking meter are the devices that are used to maintain parking availability in public, private & commercial spaces. Vehicle parking meter collect the cash and in exchange provide a particular place for a vehicle for a limited amount of time. Vehicle parking meter has many payment option such as pay by phone, pay by card or cash. The aim of installing vehicle parking meter is to regulate parking spaces in a manner that avoid the traffic congestion and improving traffic circulation. These meter can install in single-space or multi-space according to the need of end use sector.

In current scenario, due to rapid modernization and demand for automobile from domestic to commercial sectors, significantly increases the parking congestion which in turn propel the demand for Vehicle Parking Meter Market.

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Non Residential sectors such as malls, hospitals, restaurants etc. hold the prominent market share vehicle parking meter market. Owing to easy access for payment, the demand for smart meters is increasing which in turn is expected to fuel the growth of vehicle parking meter market. Moreover, in some countries, parking service providing companies are developing new solutions that reducing the parking congestion and also reserve the guaranteed parking spaces. This factor is expected to create significant growth opportunity for vehicle parking meter market. Vehicle parking meter are also in demand in the government space for security purpose, which is another factor which accelerate the growth of vehicle parking meter market over the assessment period.

One of the primarily factor that driving the growth of vehicle parking meter market is increasing number of automobiles in use, high disposable income leading to improved sales of automobiles on a yearly basis and the need to adopt advanced technology for improved traffic mobbing. Other factors promoting the growth of vehicle parking meter market are growing urbanization and infrastructure development in the emerging regions.

The repairing and maintenance of vehicle parking meter need skilled technician to fix out the problem and the complex electronic circuitry due to which they are to be replaced instead of repairing, is one of sighted factors that affect the global vehicle parking meter market. However, the trend to use a better technology and equipment to get the proper traffic circulation result in increase the demand of vehicle parking meter market in the forecast period. 

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Vehicle Parking Meter Market: Regional Outlook

Among all regions, North America is expected to dominate the vehicle Parking Meter market, owing to high installation rate of smart vehicle parking system in U.S. and Canada. This factor is coupled with government initiation of controlling parking congestion. These factors are estimated to boost the demand for vehicle parking meter market over the forecast period. Europe holds a prominent share for the vehicle parking meter market especially in EU nations, due to increasing concern regarding parking concern. Growing automotive fleet in the developing countries of Asia Pacific is expected to contribute considerable share throughout the forecast period, due to growing urbanization and infrastructure development. Latin America, Middle East and Africa are estimated to grow with significant growth rate, owing to increasing urbanization and economic growth in the nearby future.

Vehicle Parking Meter Market: Market Participants

Examples of some of the market participants identified across the value chain of the global vehicle parking Meter Market includes: Meypar USA Corp. Parking BOXX, Parkeon, Meisel Holdings LLC, IPS Group, Inc. RJS Parking Products, Gamesa Electric, Ditech Srl, Data Parl Inc. Duncan Parking Meter

The vehicle parking meter research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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