TECHNOLOGY FACTS

Motorcycle Suspension System Market Outlook and Opportunities in Grooming Regions with Forecast to 2028

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

Request for the Report Summary: https://www.factmr.com/report/2992/motorcycle-suspension-system-market

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

On similar lines, Australian company Motorcycle Innovations announced the successful production of a new suspension system which leverages the two-wheeled-in-line vehicle geometry. The newly developed suspension system delivers the perfect blend of performance and stability and will replace the traditional telescopic forks. The new suspension system will function by keeping the front wheel in line with the suspension geometry, unlike the traditional telescopic fork system that creates slop and flexes. Another key development in the segment is BMW Motorrad’s Duolever front suspension system. The technology that forms the basis of the Duolever front suspension system provides a superior road grip which, in turn, helps in improving the riding accuracy and precision.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2992

Recent times have seen a comprehensive increase in the sales of two-wheelers around the world which, in turn, is boosting the demand for suspension systems. A substantial increase in the demand for two-wheelers can be attributed to the absence of last mile connectivity to rural areas. In addition to this, the relative affordability of two-wheelers makes this form of transportation an attractive option for consumers which has given rise to a trend of having multiple two-wheelers in a single household. Further, increasing traffic congestion is making commutation lengthy when opting for traveling in four-wheelers. Owing to these factors and the growing prices of fuel, consumers are gradually shifting to using two-wheelers for their commute. Another key factor that is causing a burgeoning in the demand for two-wheelers are the added features to improve the overall performance of these vehicles. Improved mileage, low maintenance cost, and larger fuel tanks are some of the value-added features that are luring in an increasing number of new consumers.

The Fact.MR report opines that the motorcycle suspension system market is highly consolidated with leading suspension system manufacturers holding the bulk of the market share. The report estimates that the leading market players account for over 50% of the motorcycle suspension system market share. Innovative product launches, improved performance, and development of lightweight suspension systems are the key strategies being followed by leading market players. Further, key market players intent to invest in APEJ anticipating a comprehensive increase in the demand for two-wheelers in the region. Introduction of technology to streamline supply chain and effectively reach out to consumers are some of the other strategies being adopted by leading market players.

The Fact.MR report tracks the motorcycle suspension system market for the period 2018-2028. According to the report, the motorcycle suspension system market is projected to grow at 4.4% CAGR through 2028.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2992

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Rail Gangways Market Provides an In-Depth Insight of Sales and Trends, Forecast to 2028

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

Request for the Report Summary: https://www.factmr.com/report/3043/rail-gangways-market

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

Developing regions including China and SEA & Pacific are heavily investing to provide support in the development of rail activities which will serve as a catalysts for the overall growth of rail gangways market. In addition, increase in rolling stock is likely to create lucrative opportunities for suppliers of rail gangways during the forecast period.

Changing travelling medium along with rapid consumer inclination toward the economical public transportation systems such as trains and metros will continue to shape the future of global rail gangways market. However, increasing attractiveness of air travel and significant growth of automobiles for both short and long trips will possibly remain daunting challenges for key market players.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3043

In terms of market value share, the global rail gangways market is expected to remain concentrated in Western Europe, followed by China which is likely to account for maximum share in term of sales during the forecast period of 2018-2028.

South East Asia & Pacific is estimated to project incremental $ opportunity worth nearly US$ 30.6 million, while rail gangways market in Latin America and Japan are anticipated to expand at an above average rate throughout the forecast period.

Based on the product type, two piece rail gangways are estimated to be valued at US$ 312.5 million by 2018-end, holding the highest value share of global rail gangways market. Single piece rail gangways, on the other hand, are projected to account for the lowest share of 30% of unit sales in the rail gangways market at global level.

With an estimated sales of 206,747 units by the end of 2028, aluminum rail gangways will witness maximum demand throughout the forecast period. In addition, manufactures are focusing on the development of steel rail gangways which are expected to create incremental $ opportunity worth around US$ 85.0 million. Further, the global demand for composite rail gangways is likely to grow at a remarkable rate during the forecast period.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3043

Marine Seats Market Report Examines Top Company Analysis Forecast by 2028

Marine seats sales are expected to surpass 5 Bn units in 2019, with a Y-o-Y growth of 4.4% over 2018, according to a recent Fact.MR study. Growth of the marine seats market continues to remain influenced by various factors, including the remarkable rise in marine tourism, and increased demand for recreational vessels.

Request for the Report Summary: https://www.factmr.com/report/3047/marine-seats-market

The Fact.MR study opines plastic to remain the material of choice for marine seats manufacturers, as they continue to prefer use of plastics over steel and metal composites for production of boat seats, in line with the upward trend of lightweighting in the boating industry. High corrosion resistance and chemical inertness are key attributes of plastic continue to drive its demand for production of various marine components and marine seats are no exception.

Ductile, malleable, and elastic properties of plastics are being leveraged by manufacturers to produce foldable marine seating, which is gradually gaining traction for use in recreational boating activities such as fishing. Plastic marine seating accounted for over 40% of the market volume share in 2018.

Comfortable marine seating has been gaining a significant palpability in the recent past, which has prompted marine seats market players to focus on developing novel solutions, keeping consumer convenience at the forefront. Sailors and crew onboard marine vessels have been complaining of developing back problems, and sustaining injuries due to the pounding impact of waves even in shallow waters.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3047

Surveys have suggested absence of stable seating in boats to create problems for sailors even while navigating in calm waters. Water sporting events such as water skiing and paragliding require boats to travel at great speeds, which increases the susceptibility of drivers getting injured during the process.

Leading players in the marine seats market are focusing their efforts toward enhancing the suspension systems of their marine seats, in order to provide a comfortable ride and capitalize on the pervasive trend. For instance, Shockwave, a leading company in developing marine suspension seating, launched the integrated control environment that could house controls, electronics, and occupants and safeguard them from the pounding impact of waves from all directions significantly improving safety and enhancing the ability to operate the vessel during extreme weather.

There has been a significant rise in popularity of recreational boating in recent years, which has proliferated sales of luxurious yachts, boats, and cruise sales as a consequence. On the other hand, consumers who already own boats are increasingly investing in renovating their vessels to suit their needs. These factors have created a surge in the demand for custom-built marine seats with pleasant aesthetics.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3047

Motorcycle Market Growth Rate and Revenue Forecast 2017-2026

According to a recent study by Fact.MR, the motorcycle market is expected to witness steady growth during the 2017-2026 period with global sales of motorcycles estimated to reach nearly 40 million units in 2019. Development of enhanced safety mechanisms to safeguard drivers, coupled with improved suspension systems to add comfort continue to influence buying behavior. Additionally, improving road-traffic infrastructure is likely to aid in bolstering motorcycle market growth.

Request for the Report Summary: https://www.factmr.com/report/7/motorcycle-market

Higher fuel efficiency relative to other personal modes of communication is a key reason contributing to the surge in the demand for motorcycles over scooters and other two-wheelers. Fact.MR opines the factor augurs well for the standard motorcycles segment which is expected to hold over 60% of the motorcycle market share in 2019.

Increasing traffic congestion and substantial rise in the population is discouraging people from purchasing motorcycles. In addition to this, millennials, who are estimated to hold the largest share in global demographics, are showing an increased preference for not purchasing or riding motorcycles. However, the factors are vital to the growth of the motorcycle rental services marketplace which, in turn, are expected to uphold motorcycle market growth. Development of sophisticated technologies such as data analytics, Internet of Things (IoT), and machine learning are allowing companies to offer novel and innovative bike rental services to consumers who are seeking affordable and temporary options for commuting.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7

Motorcycle manufacturers are becoming increasingly aware of the promising prospects the market holds and are investing heavily in the industry. For instance, Yamaha Motor Corp invested US$150 million in Grab, a bike rental service operational in Vietnam, Thailand, and Indonesia. As per the deal, Yamaha and Grab plan to work on making affordable motorcycle models available for people seeking to join the bike rental service. Along similar lines, BMW launched its own bike rental service in Germany, France, and Austria. The company plans to expand its services across different countries if it proves to be a success in Europe. Bike rental services are also becoming increasingly popular among millennials and offer a lucrative alternative to overcome the challenge posed by declining motorcycle sales.

Motorcycle rides are increasingly being marketed as a form of rejuvenation and relaxation. Studies linking motorbike rides to decreased stress levels and enhanced concentration levels are further estimated to contribute to the surge in demand for motorcycles in leisure and recreational activities. Experiential traveling is gradually gaining traction and emerging as a pervasive trend driving the demand for sports motorcycles, cruisers, and adventure bikes. Additionally, the increasing use of motorcycle tours for promoting tourism in a region is expected to create a demand for motorcycles around the world.

A significant increase in recreational activities coupled with the development of lightweight and high-performance motorcycle suitable for different terrains is also fuelling the sales of adventure and touring motorcycles.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7

Automotive Telematics Market Outlook and Opportunities in Grooming Regions with Forecast to 2022

According to a new report published by Fact.MR, the automotive telematics market is likely to continue its solid run in 2019, with global revenues likely to surpass US$ 27 billion in 2019. With the inclusion of automotive telematics, the functional capabilities of vehicles are witnessing a steady upgrade. Automotive telematics system finds widespread applications in communication, mapping and for improving the safety features in an automotive. As a result, a notable increase in the adoption of the automotive telematics systems has been witnessed in the recent past, and the status quo is likely to continue over the course of the forecast period.

Request for the Report Summary: https://www.factmr.com/report/45/automotive-telematics-market

Key driving factors for the automotive telematics include favorable government regulations, ubiquitous use of smartphones, enhanced broadband networks, and the advent of sophisticated communication technologies. Another key driver for the automotive telematics market is an effective sales channel. The adoption of automotive telematics can also be attributed to the far-reaching capabilities of OEMs. With the rise in the strategic partnership and productive collaboration between the leading automotive companies, OEM emerges as a streamlined sales channel for automotive telematics. This is facilitating a steady growth in the automotive telematics market, with revenues likely to grow at over 23% in 2019.

Europe continues to be the numero uno market for automotive telematics, owing to the high concentration of forerunning players that focus on scaling and expansion of their businesses in parallel to diversifying their product portfolio. Gains have also been steady in Asia Pacific excluding Japan (APEJ), driven by healthy automobile sales in China and India.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=45

Increasing demand for transportation and rise in the disposable income of consumers have offered lucrative growth opportunities to the automotive industry. With the manufacturers of the auto-industry tapping into the next-gen automotive capabilities, smart technologies like automotive telematics are finding applications in vehicular communication, safety, road transportation, and mapping system. As a result of the increase in the adoption rate of the system, the global automotive telematics market is undergoing through a phase of innovation, wherein the key players have a significant role to play. For instance, Visteon Corporation will showcase a digitally advanced cockpit technology as a crucial shift towards the next-gen automotive. The novel cockpit electronics architecture consists of high resolution display systems with curved non-rectangular edges to enhance the viewing experience for the riders.

According to the study, the newbies of the automotive telematics market dive into the business to bag the lucrative opportunity that market has to offer. This has compelled the established players to enter into strategic mergers and acquisitions to reinforce their position in the map of the global automotive telematics market.

Regulations legislated by the government pertaining to the prevention of the greenhouse gas emission has resulted in the development of electric vehicles. A huge turnover is anticipated for the electric vehicles and self-driving cars, which will have automotive telematics incorporated in the vehicles for enabling satellite navigation services as well as in-car mobile communications. This is predicted to lend sustainable growth opportunities to the automotive telematics market.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=45

Automotive Pumps Market Key Trends in Terms of Volume and Value 2017-2026

According to Fact.MR’s new business intelligence report, the global automotive pumps market is anticipated to register a promising growth during the period 2017-2026, with market revenues likely to surpass US$ 54 billion by 2019-end. Growing consumer preference for green technology, along with the need to adhere to stringent carbon and VOC emission regulations, are encouraging automotive manufacturers to focus on enhancing energy performance of vehicles. With their crucial role in maintenance of energy efficiency, the automotive pumps are likely to gain center stage in the near future.

Request for the Report Summary: https://www.factmr.com/report/25/automotive-pump-market

Increasing demand for fuel-efficient and lightweight vehicles has been influencing leading automotive manufactures to implement innovative technologies in automobile components. Advances in technologies such as automatic transmission, gasoline direct injection, and gasoline turbocharger that enable efficient circulation of oil in all parts of an automobile are likely to create lucrative opportunities for manufacturers of automotive pumps.

Growing vehicle parc and the emergence of a large middle-class demographic with high disposable income are directly translating into the growth of automotive market in emerging economies and eventually complementing the expansion of automotive pumps market. In addition, high purchasing capabilities of consumers in these regions are prompting automakers to improve their production of mid-sized and compact cars. Moreover, introduction of premium aspects such as anti-lock brake system (ABS), power steering, easy gear shift, and cabin comfort system in these cars is likely to influence the need for custom-made automotive pumps which may open new avenues of market growth.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=25

With escalating demand for high-performance vehicles on the account rising fuel prices, automotive manufactures are heavily investing in R&D to develop highly efficient transmission system and low-friction pumps which will possibly create potential growth prospects of automotive pumps market.

Electric automotive pumps are independent of combustion engines which help enhance fuel efficiency and significantly reduce the carbon emission of vehicles. This has led to adoption transition from mechanical automotive pumps to electric pumps. Expanding at an estimated CAGR of 5.5% over the forecast period, the sales of electric automotive pumps are projected to cross 590,000 units by 2026-end. Electric pumps are highly sought-after for their excellent performance standards and are predicted to contribute a slightly higher share than mechanical variants to the automotive pumps market by the end of the forecast period.

With growing concerns regarding carbon emissions and over exploitation of fuel reserves, regulatory bodies and government organizations are making efforts to cut down air pollution caused by automobiles and encourage the adoption of electric vehicles (EVs). In recent years, there has been an increase in the demand for EVs which do not require internal combustion engines. This in turn is likely to create a hindrance in the growth of automotive pumps market.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=25

Automotive Tire Market Volume Forecast and Value Chain Analysis 2017-2022

The automotive tire market is projected to register a steady growth during the 2017-2022 period with the market estimated to be valued at almost US$ 300 billion in 2019. Enhanced tire performance, surging tire production, and introduction of innovative products are some of the factors fueling automotive tire market growth.

Request for the Report Summary: https://www.factmr.com/report/12/automotive-tire-market

A recent surge in the mobility service offerings across the world is fuelling demand for lightweight commercial vehicles. Growing traffic congestion, environmental concerns, and advancements in technology are gradually inducing a change in consumer perception. Mobility solutions include a wide array of services such as shared transport, on-demand transport, autonomous driving vehicles, and subscription-based transport services. These services are likely to create demand for commercial vehicles in the foreseeable future and are expected to be a vital cause contributing to the growth of the automotive tire market. According to the report, LCVs are estimated to contribute US$ 76 billion to the automotive tire market revenue in 2019.

Increasing focus on implementing the corporate average fuel (CAFÉ) norms and growing demand for tires which contribute to fuel efficiency are key factors prompting tire manufacturers to focus on the development of sustainable products. Additionally, the imposition of stringent government regulations to limit carbon emissions during production is creating a demand for streamlining the tire manufacturing processes. Growing consumer awareness about the adverse environmental impact of waste produced due to tires is influencing their buying patterns and driving sustainability in production.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=12

Automotive tire manufacturers are investing heavily in developing sustainable material and solutions to work in accordance with government regulations and accommodate for the changing consumer perception. For instance, Bridgestone announced the development of the first hybrid polymer which according to the company will substantially reduce the volume of materials required for manufacturing tires while providing high performance. Further, Bridgestone claimed that the new polymer will have a crack resistance significantly greater than normal tires making it far more durable than conventional tires.

Technological headways are increasingly aiding automotive tire manufacturers to streamline their production process, attain sustainability, and cater to the changing consumer demands. The maturing industry 4.0 technologies are helping manufacturers gain greater control over the quality of production at lower costs. Additionally, sophisticated technology is providing a mechanism for manufacturers to optimize the supply chain and gain maximum profitability in the market. A recent development complementing the integration of technology in automotive tire manufacturing was when Michelin launched Vision, a 3D-printed tire using sustainable materials. The company is planning to leverage the technology for production of tires with 80% sustainable materials as constituents.

OEMs and other tire manufacturers are aiming to leverage vehicle connectivity to further strengthen their marketing and distribution network. With potential car-to-internet connectivity on the cards in the foreseeable future, manufacturers are planning to equip their stores to allow identification of consumers in need of tires in the vicinity.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=12

Automotive Seats Market Future Growth, Global Survey and In-Depth Analysis Research Report 2022

According to a recent study by Fact.MR, the automotive seats market is projected to grow at a steady rate during the 2017-2022 period with the global sales poised to surpass US$ 34 billion in 2019. Bolstering automobile sales, the introduction of novel and innovative products, and increasing production are some of the factors contributing significantly to automotive seats market proliferation.

Request for the Report Summary: https://www.factmr.com/report/42/automotive-seating-market

The gradual digitalization of automotive seat production supply chain is likely to bolster production while enabling manufacturers in substantially reducing the cost incurred during the process. Integration of software platforms such as 3D graphics designers is allowing manufacturers to gain greater control over seat cover designs and make substantial savings on material costs. Additionally, these applications are enabling automotive seat manufacturers in the production of seat covers with efficient positioning of seams to ensure effective distribution of stress and compression making them durable and better fitting. These capabilities coupled with the benefits of synthetic leather are finding increasing usage in the automotive seats production. Fact.MR opines the factor is expected to play a vital role in popularizing the use of synthetic leather as seat covers in the automotive seats market with revenues generated from sales of seats using the material estimated to be valued at more than US$ 22 billion in 2019.

Automotive seat manufacturers are constantly investing in research and development of 3D printers which could efficiently aid in the production of lightweight, durable, and cost-effective components for automobile seats. Currently, the production of a simple and efficient seat bracket requires procuring eight different parts. With the use of additive manufacturing, the seat bracket can be manufactured at once. The technique allows the production of complex components of seat efficiently, quickly, and cost-effectively. Additionally, additive manufacturing can be potentially leveraged to produce seat components using naturally-sourced raw materials.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=42

With sustainability gaining prime concern around the world, 3D printing offers a lucrative alternative for automotive seat manufacturers to work in accordance with stringent government regulations while producing efficient and durable components for automotive seats. According to the report, the widespread adoption of the practice in the automotive seats market is estimated to contribute significantly to its proliferation with standard automotive seat sales poised to register a growth of almost US$ 250 million in 2019 over 2018.

Automobile manufacturers are constantly seeking novel and innovative products to meet the burgeoning consumer expectations for comfort, luxury, and safety inside vehicles. Automotive seating is slowly emerging as a key determinant influencing consumer preferences. In order to consolidate their position in the automotive seats market, manufacturers are increasingly integrating automotive electronics for production of innovative products.

Additionally, the growing possibility of autonomous vehicles going mainstream in the foreseeable future is prompting automotive seat manufacturers to invest heavily in research and development of seating systems which would meet the requirements of the upcoming range of automated vehicles. These factors are causing the development of advanced automotive seating systems such as multi-way adjustable control-powered seats, stress and fatigue detecting seats, seats equipped with massagers, and memory seats which could automatically adjust according to defined parameters. Intensive ongoing research in the area is likely to open new opportunities for automotive seat manufacturers.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=42

Automotive Tubeless Tires Market Volume Analysis, Segments, Value Share and Key Trends 2017-2022

According to a recently published report by Fact.MR, the global automotive tubeless tires market is predicted to surpass US$ 158 Bn in 2019, up from US$ 148 Bn in 2018 and register a healthy CAGR of over 6% during the period 2017-2022. Fact.MR analyses that steady demand for automotive tires will be upheld by their competency to operate efficiently at low temperature, pressure, and adverse environmental conditions. The study finds that escalating demand for high quality automotive tubeless tires from the manufacturers of commercial vehicles, on the back of safety concerns will hold significant growth opportunities for the automotive tubeless tires market through 2022.

Request for the Report Summary: https://www.factmr.com/report/103/automotive-tubeless-tires-market

With fuel efficiency being one of the crucial growth determinants for the automotive industry, manufacturers have been adopting automotive tubeless tires to optimize the utilization of fuel, which will influence the automotive tubeless tires market, opines Fact.MR.

As per the report, rising affinity of consumers towards comfortable riding has proliferated the adoption rate of automotive tubeless tires that offer low rolling resistance. Impressive growth in manufacturing and sales of automotive coupled with the technological innovations offering features, like lightweight, are predicted to lend lucrative growth opportunities to the automotive tubeless tires market. In addition, tubeless tires tend to optimize fuel efficiency and cause lesser vibration, thereby, enhancing the driving experience for end users. Analyzing the aforementioned factors, the study foresees promising growth for the global automotive tubeless tires market.

The study opines that the rising concerns over road mishaps leading to the legislation of stringent laws are expected to popularize the importance of tubeless tires in the contemporary automotive. For instance, the Indian government’s stringent policy against the use of WTO-incompatible tires and tubes will translate into a favorable opportunity for the automotive tubeless tires market in the APEJ region. Cheap labor charges and high-production of rubber leading to reduced overall production costs in APEJ holds impressive growth potential with an estimated share of over 32% of the automotive tubeless tires market in 2019.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=103

The automotive tubeless tires market of APEJ is significantly driven by China and South Korea. These regions are expected to contribute about one-third of the total automotive tubeless tires market share to this region by the end of 2022. In addition, growing sales of two-wheeler vehicles in the Asian economies are further expected to record over 35% to the total revenue share of the automotive tubeless tires market. All in all, the study predicts healthy growth for the automotive tubeless tires market in the APEJ region with a revenue of over US$ 43 Bn by the end of 2019.

The study opines that increasing inclination of end users towards automotive tubeless tires over the traditional pneumatic tires, with safety being a priority, is anticipated to fuel the growth of the global automotive tubeless tires market. As vehicle manufacturers demand tubeless tires, the key automakers have begun pioneering the shift from traditional tires to the automotive tubeless tires.

“Following the footsteps of the significant players, the new entrants in the automotive tubeless tires market are recognizing the prominence of this shift and diving into this manufacturing trend to survive the competition. As a result of which, low maintenance cost, uncomplicated repair, and longer lifespan of automotive tubeless tires are expected to generate promising growth prospects for the overall market. However, volatility in raw material prices and hefty capital investments required for initial manufacturing set up remain crucial deterrents for the global automotive tubeless tires market growth,” finds Fact.MR.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=103

Automotive Gear Shift System Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2018-2028

According to a recent Fact.MR study, nearly 113 million automotive gear shift systems were sold in 2018, with steady automobile sales, development of innovative testing systems, and introduction of novel products influencing the trends in this market.

Request for the Report Summary: https://www.factmr.com/report/3275/automotive-gear-shift-system-market

The study opines that stick shift gear systems will continue to be the top-selling variant, on account of its cost-effectiveness and role in achieving fuel efficiency. Furthermore, the development of technology to enhance the performance and substantially reduce the weight of manual transmission systems while providing for better driver comfort and compact design is fuelling uptake of stick gear shift systems, with global sales totaling 83 million units in 2018.

Demand for vehicles equipped with automatic transmission systems and automatic manual transmissions is on the rise owing to their better performance, ease of operation, and fuel-efficiency. One of the key factors behind the gradual consumer shift towards automatic gear shift is its ease of operation, which significantly reduces driver fatigue. Additionally, automatic transmission systems enable smooth drive along slopes and hilly areas as compared to manual transmission systems. Owing to these factors, automatic gear shift vehicles have witnessed increasing sales in the last decade, especially in lucrative markets of China and India where manual gear shift vehicles are ubiquitous.

According to the study, the pervasive trend is causing automotive manufacturers to bolster production of vehicles powered with automatic transmission systems and reduce the use of manual transmissions in their products. An increasing number of automobile manufacturers are launching new models with only automatic transmission systems. According to the report, the factor is likely to open lucrative opportunities for automotive gear shift system manufacturers with passenger vehicles accounting for sales of over 75 million automotive gear shift system units in 2018. Advancements in technology and increasing investments in leisure sporting activities such as formula one and off-road driving is further expected to bolster demand for automotive gear shift systems that are compatible with automatic transmission.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3275

Automotive gear shift system manufacturers are increasingly leveraging technology for the production and testing of their products. Simulation software is finding widespread adoption in the market with manufacturers using the technology to test virtual gear shift system models under different driving conditions. Coupled with artificial intelligence, the information obtained from simulation software is used for optimizing the shift schedule of automotive gear shift systems. These technologies are enabling manufacturers to conduct real-time testing using virtual scenarios and aid in designing and accurate calibration of gear shift systems quickly, efficiently, and in a cost-effective manner.

Additionally, simulation software is also finding increasing usage for testing and analysis of automotive shift gear systems. Manufacturers are using these systems to analyze different aspects of shift gear systems such as clutch pressure fluctuations and stick-slip friction coefficients. Further advancements in technology are likely to bolster automotive gear shift system market growth by potentially allowing manufacturers to produce custom systems for specific applications.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3275