Driven by increasing development of airports across developed and emerging economies, the airport catering trucks market is likely to expand at a CAGR of 5.7% in terms of value, reveals a new study compiled by Fact.MR. In terms of volume, the report expects over 3 billion airport catering trucks to be sold by 2028.
According to Fact.MR analysis, demand for auto infotainment is expected to increase at a value CAGR of 6.4% during the period of forecast, 2017-2026. By end of the assessment period, sale of around 259,380 thousand auto infotainment units is expected. With integration of multimedia and smartphones in infotainment systems, multiple features have become possible, for instance, tracking systems, telematics and navigation that are revolutionizing the auto infotainment market.
Prevalence of conventional methods like painting and coating will likely to obstruct the demand for automotive fuel tank covers in the near future.
These factor are expected to boost the growth of the automotive tie rods market.
The motorcycle accessories market will record an above-average 4.6% volume CAGR during the forecast period, 2018 to 2026, according to a recently published Fact.MR report. Proliferation of aftermarket products is considered to be a boon for growth of the motorcycle accessories market, despites its consequential complexities for manufacturers, suppliers, and owners alike.
The study opines that the truck cranes with lifting capacity of less than 150 tonnes will be highly sought after and hold over 78% truck crane sales in 2018. This demand can be attributed to rising demand for compact-sized equipment as they deliver greater transportation feasibility and easy maneuverability on-site. In terms of value, however, Fact.MR estimates that truck cranes with 300 tonnes lifting capacity are estimated to register over US$ 670 Mn revenues in 2018.
Growing spending on outdoor recreation, especially among millennials, continues to be a driving force for the off-highway recreational vehicles market, finds a new research study by Fact.MR. The market is likely to grow at a CAGR of nearly 16% through 2028, as a growing demographic of outdoor enthusiasts drives demand. The bullishness in the market can be offset by regulatory pressures concerning the threat to environment and rural communities.
The pedelec market will surpass US$ 26 billion to record a healthy 3.1% y-o-y in 2019, reveals the latest market report published by Fact.MR. The study finds that consumer mindset inclined towards adopting sustainable modes of transportation will provide a fillip to growth of the pedelec market in the upcoming years.
The study opines that RT crane with 35-50 tonnes lifting capacity is witnessing a rapid adoption on the back of increasing demand for greater lifting capacity. Although the units sold remains greater for lower lifting capacity RT cranes, in terms of value the rough terrain crane market will garner increased revenues from the higher lifting capacity cranes owing to higher equipment pricing. On the same lines, 35-50 tonnes rough terrain cranes will occupy almost US$ 100 Million more than up to 35 tonnes RT cranes in 2018.
Fact.MR foresees that the demand for straddle carrier is projected to expand at a steady pace reflecting a CAGR of 4.5% in terms of value during the period of forecast, 2018-2028. More than 700 units of straddle carriers are likely to be sold by end of 2028, says Fact.MR study.
Fact.MR has compiled several key facets of trailer canopy market including demand and sales scenario of trailer canopy across major regions and countries across the globe. According to the research report, trailer canopy market is projected to expand at a steady CAGR of 4.2% in terms of value, throughout the period of forecast, 2018-2028.
the wheelchair accessible vehicle market is projected to expand at a steady pace and its growing demand is expected to translate into sales crossing US$ 6 billion by end of the period of assessment (2028).
The winter tires market is as much influenced by technological innovation and consumer awareness, as it is by regulations mandating their use. The spike in winter tire sales in Canadian provinces is a case in point. Winter tire manufacturers are to be benefit if the growing spate of regulations becomes pervasive. Several countries in Europe and North America have enacted laws regarding appropriate use of winter tires.
The study finds that burgeoning applications of trucks in the transportation industry are boosting installation of air spring components to improve vehicle safety and ride quality on uneven roads and long descents. This is mainly driving the growth of the air spring components market.
Aircraft anchoring systems have very less moving parts and hence, they are very reliable and can be stored in a compact area.
The study foresees sales of towbarless aircraft tugs to be approximately 2X greater than their conventional/towbar variants. This is mainly because leading companies have been shifting their focus to towbarless aircraft tugs, which in turn has led conventional tugs to soon approach a phase of redundancy.
the automotive brake caliper market is estimated to expand at a CAGR of 3.1% 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 automotive brake caliper market has prominently influenced by the increasing number of the motor vehicles across all the regions of the globe.
These factors are anticipated to create high attractiveness for the global automotive common rail system market during the slated time period.
The Fact.MR study opines that the sales of automotive fuel injection system is likely to register a significant leap in the upcoming years, driven by rising need for regulation of the air/fuel ratio. The competency of fuel injection systems to upgrade fuel efficiency without compromising with the engine performance is one of the key USPs spurring sales of automotive fuel injection system.
This report assesses trends that are driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to Automotive HVAC manufacturers looking to enter the market. Main regions assessed in this report include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East & Africa (MEA).
The key restraining factor, such as high cost of insulation material, may hinder the global automotive monitor touch market growth over the forecast period.
The strong interconnectivity of canal and rivers across the countries and regions will fuel the business and will lead to an increases demand for petrochemical transportation. As a result, could boost the manufacturing of Tank Barges. Advantages of barges transportation in terms of emissions, fuel usage and capacity compare to railcars and trucks are the key factors deriving the growth of barge transportation market in the near future.
The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the automotive fuel injectors market is expected to cross US$ 70 Bn by end of 2018.
Fact.MR recently published a comprehensive study on excavator market, which opines that the excavator market will witness modest 3.2% volume y-o-y in 2019 over 2018.
The growth of the crawler cranes is largely influenced by a cohort of macroeconomic and industry-related aspects. Growth in new construction projects coupled with rising urbanization remain instrumental in driving the demand for crawler cranes worldwide.
