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Western Europe to be at the Forefront of Global Rail Gangways Market

2019-04-24 17:27:54 | Business
A new report provides a 10-year analysis and forecast of global rail gangways market for the period of 2018 to 2028. 2017 is considered as base year of the market study with values estimated for 2018 and forecast developed for the duration between 2017 and 2028. The study on global rail gangways market covers various perspectives such as market dynamics, macro- and micro-economic growth analysis, pricing analysis, competition analysis, value chain, segmental and regional growth comparison, as well as segment-level projections in an elaborative manner. In terms of value, the global rail gangways market is anticipated to expand at a CAGR of 4.9% over the forecast period, according to study findings and perspectives of industry participants.

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

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High Speed Railway Infrastructure and Digitalization in Metro Generating Opportunities for Rail Gangways Market

Sprawling railway infrastructure along with growing need for high speed rail transportation among middle-class population is expected to give a boost to the growth of rail gangways market globally.

Introduction of government schemes for enhancing connectivity between cities through the development of high speed train infrastructure and incorporation of digitalization in metro are the crucial factors to ramp up the growth of rail gangways market in the global scenario. Moreover, China is making large scale investments for improving the country’s rail sector which in turn is likely to create lucrative opportunities of manufactures of rail gangways.

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Western Europe to be at the Forefront of Global Rail Gangways Market

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.

Global Rail Gangways Market Structure

Nature of the global rail gangways market is likely to remain consolidated, with leading players accounting for the highest market share. These players are expected to generate over US$ 50 million in revenue through the global sales of rail gangways.

Mid-sized companies operating in the global rail gangways market are projected to hold market share of 25% to 35%.

Some of the prominent players of the global rail gangways market are Hubner GmbH & Co. KG, Bellow and Bus (Pty) Ltd., Chongqing Hengtai Electromechanical Equipment Co., Ltd., Schliess- und Sicherungssysteme GmbH, Airflow Equipments (India) Pvt. Limited, ATG AUTOTECHNIK GmbH, Hutchinson, Dellner Couplers AB, Narita Mfg. Ltd., KTK Group, Qingdao Victall Railway Co., Ltd, Kasper Elektronik GmbH, Korea Railway Parts Co Ltd, and Vulcanite Pty Ltd.

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Polyamide in E-Mobility Market: Automakers Focus on Weight Reduction in Automotive Components

2019-04-24 17:20:55 | Business
The Fact.MR report on polyamide in e-mobility market offers readers the most important insights about growth prospects, potential opportunities, and recent trends in applications of polyamide in e-mobility market. Exclusive and unbiased conclusions, both qualitative and quantitative, about demand for polyamide in e-mobility market are provided to readers through the information included in the report. The report on polyamide in e-mobility market is comprehensible are it is segmented into three sub-segments, thereby the report provides in-depth information about growth of the market in the most seamless way

According to a recent study published by Fact.MR, demand for polyamide in e-mobility market is likely to increase at over 6% in 2019 over 2018. The Fact.MR report finds that the electric vehicle stock will reach nearly 5 million in 2019. Growing awareness among automakers about multitude of benefits of using polyamide in e-mobility market. Thereby, Fact.MR opines that, this is expected to create numerous opportunities for polyamide manufacturers in the e-mobility market in the upcoming years.

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A majority of automakers are shifting their focus towards increasing the use of lightweight plastics such as polyamide, as it can ultimately reduce the fuel usage of the automobile. As fuel efficiency is one of the most important factors to influence the purchasing decisions of car buyers, applications of polyamide in e-mobility market are expected to escalate in the upcoming years.

Increasing fuel prices and environmental concerns are resulting in a dramatic move away from conventional, internal combustion engine (ICE) only vehicles to their electric variants.

Hybrid electric vehicles (HEVs) are outperforming any other type of electric vehicles across the world, especially in developed regions such as North America and Europe. Also, China has been showcasing extraordinary growth in terms of production and the number of on-road electric vehicles, which is further boosting sales of HEVs.

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In order to provide detailed information about the polyamide in e-mobility market in the most comprehensible manner, the Fact.MR report divides polyamide in e-mobility market into its three broad sub-segments – vehicle types, applications, and regions.

Based on the vehicle types, polyamide in e-mobility market is segmented into three main types – hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and electric vehicles (EVs). According to its applications, polyamide in e-mobility market is broadly segmented into four categories – electric/electronic components, under-bonnet components, vehicle exterior, and vehicle interior. Based on regions, the polyamide in e-mobility market is segmented into four main geographical regions – North America, Europe, Japan, and Asia Pacific region Excluding Japan.

Increased Prices of Polyamide66 Due to Tight Supply May Hamper Adoption of Polyamide in E-mobility

According to the French industry association Groupement Plasturgie Automobile (GPA), the shortage of polyamide 66 supply caused an increase of more than 40% in its price in 2017. The global demand for lightweight automotive components has surged to put the supply chain for polyamide in e-mobility under immense pressure. As the polyamide supply has been too concentrated to meeting the burgeoning demand for lightweight automotive components, a majority of polyamide manufacturers have introduced a price rise.

In the report, polyamide suppliers in e-mobility are divided according to the manufacturers of polyamide and manufacturers of electronic automotive components. Polyamide suppliers in e-mobility featured in the report are Arkema SA, Lanxess AG, DowDuPont Inc., BASF SE, EMS Group, and UBE Industries Ltd. Component manufactures featured in the report are Ashok Minda Group, CIE Automotive, Teijin Limited, Flex-N-Gate, IAC Group LLC, Magna International, Toyoda Gosei Co. Ltd., Samvardhana Motherson Group, and Nifco Inc.

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Motorcycle  Accessories Market: Sales will exceed 400,000 Thousand Units in 2018

2019-04-24 17:07:28 | Business
Fact.MR analyzes the Motorcycle Accessories market in a new publication titled “Motorcycle Accessories Market Global Industry Analysis 2013–2017 and Forecast 2018–2026”. This study provides data for 2018 along with the forecast for the period 2018–2026. The main objective of the report is to identify the dynamics in the market and provide recent updates and insights affecting various segments of the global Motorcycle Accessories market. To provide a better understanding of the market, the report also includes the analysis of drivers, restraints, trends prevalent in all seven regions/countries, namely, North America, Latin America, Europe, SEA & Pacific, China, India and MEA, which are influencing the current market scenario and will affect the future status of the global Motorcycle Accessories market over the forecast period.

The global Motorcycle accessories market is estimated to be valued at US$ 7,160.8 Mn by 2018 end and is expected to reach US$ 11,024.7 Mn by the end of 2026 while expanding at a CAGR of 5.5% over the forecast period. The global Motorcycle accessories market is anticipated to represent incremental opportunity of US$ 3,863.9 Mn between 2018 and 2026.

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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.

Factors influencing the Global Motorcycle accessories market

Owing to growth in tailpipe emission and pollution by conventional vehicles, governments of some countries in Asia Pacific region, such as China, incidentally one of the biggest markets for motorcycles, is aggressively promoting electric bikes for transportation, which can seriously stagnate the growth of conventional motorcycles market. Moreover, low cost, energy efficiency, emission free systems and no license & registration requirements are some of the factors that will positively affect the popularity of electric motorcycles, which in turn, could hamper the sales of conventional motorcycles.

High disposable personal income in regions, such as Europe & North America, has led to consumers venturing more into leisure activities that revolve around conventional motorcycles and scooters, such as racing, bike stunts and off-road activities, which in turn, has increased the demand for motorcycles as well as its aftermarket accessories. This is attributed to be the main factor driving the growth of the motorcycle accessories market.

Global Motorcycle accessories market segmentation and forecast

The global Motorcycle accessories market is segmented on the basis of product type, motorcycle type, sales channel and region. On the basis of product type, the global motorcycle accessories market is segmented into Handle Accessories, Frames & Fittings, Electrical & Electronics, Protective Gears, Bags & Carriage Frames, Seat Covers and Security Systems. Based on Motorcycle type, the market is segmented into Conventional, Cruiser, Sports, Sports and Off-road. On the basis of sales channel, the market is segmented on the basis of Specialized Outlets, Independent Outlets and Online. Significant regions covered in the report include North America, Latin America, Europe, SEA & Pacific, China, India and Middle East & Africa.

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online retail stores, such as Amazon, have extended their product ranges for including both new and used accessories, while pricing them lower than independent and specialized retailers. The study projects online sales of motorcycle accessories to grow relative faster at over 5% CAGR through 2028. As ecommerce growth proliferation has encouraged shift in consumer buying preferences toward online platforms, significant decrease in foot traffic for specialized and independent outlets is envisioned by the study. This will further exacerbate competitive scenario between sales platforms in the motorcycle accessories market.

India is envisioned to outgrow China in the motorcycle accessories market, with 1% difference in CAGR through 2026. Growth in India is underpinned primarily by availability of facilitated vehicle finance options and foray of fuel-efficient motorcycles. Gradual decline in motorcycle sales in China against the backdrop of curbs on petrol-based motorcycles, has led the country to witness a shift from its pervasive dominance to the second place, following India. However, difference between revenue shares of India and China will remain insignificant, according to the study.

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APEJ to Retain its Hegemony in Marine Shaft Power Meter Market

2019-04-24 16:52:13 | Business
The latest report on the marine shaft power meter market by Fact.MR offers actionable insights, along with the in-depth analysis of the marine shaft power meter market. Historical data and forecast on the market is also covered in the report. Major factors influencing the growth of the
marine shaft power meter market are highlighted in the study. The report provides micro and macroeconomic factors playing important role in the marine shaft power meter market. Market dynamics such as the latest trends, opportunities, drivers, and key challenges in the marine
shaft power meter market are also included in this report. The report also focuses on segment-wise analysis and region-wise analysis including key countries in the market. Competitive landscape in the marine shaft power meter market is also provided in this report.

According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019. The report also offers details on the current scenario in the marine shaft power meter market along with the trends and opportunities. Competitive landscape along with details on companies is included in the report to help readers plan business strategies.

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The study opines that cargo carriers hold relatively larger share of the marine shaft power meter market, than passenger vessels. More than 50% volume sales of the marine shaft power meter were held by cargo carriers in 2018. This can be attributed to efforts of ship owners in Germany, China, and Canada, toward strengthening their hold in the container space, in line with the upward trend of container-based shipping services in sea-borne trade..

Seaborne trade will continue to expand worldwide on the back of competitive freight cost, as carriers increasingly invest in large container vessels for realizing the supply and demand balance. Freight carriers are also making significant investments in green technologies, to comply with new regulations, and meet logistics demands of companies that seek sustainable transport solution.

Marine Shaft Power Meter Market Remain Consolidated among Tier 1 Players

Tier 1 players hold nearly 1/3rd of the share in the marine shaft power meter market. The success of tier 1 players can be attributed to the production of technologically advanced products and their robust distribution network. Leading players in the market are also focusing on strategic partnerships and mergers and acquisitions.

Tier 2 and tier 3 players are focusing on development and launch of new products. Development of cost-effective products, leading to the reduction of fuel consumption is one of the key strategies of tier 2 and tier 3 players to retain their position in the marine shaft power meter market.

The report on the marine shaft power meter market provides a segment-wise analysis of the market. The marine shaft power meter market is segmented on the basis of application, sales channel, and display type. These segments are further divided into sub-segments to offer insights and in-depth analysis of the market.

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High Cost of Development to Remain Longstanding Challenge

Growing demand for cost-efficient, technologically advanced, and high safety marine shaft power meter is an emerging challenge for manufacturers resulting in high development cost. Reducing product cost and improving system functionality features are major objectives of the manufacturers.

Sales of the marine shaft power meter is highly reliant upon cost competitiveness as the majority of the sales is to ship builders working on fixed price build contracts. Introducing new technologies and features along with the cost competitiveness in the market is one of the biggest challenges for marine shaft power meter manufacturers.

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GSE Vendors Focus on Rising Demand for Lavatory Service Vehicles with Smaller Capacities

2019-04-24 16:42:37 | Business
The Fact.MR report comprises of in-depth assessment of various growth parameters of the lavatory service vehicles market, which is referred to obtain accurate forecast on how the market will grow during 2018-2028. Readers can find unique insights on the future prospects of the market along with important quantitative data about the lavatory service vehicles market, in this report.

In its latest market study, Fact.MR predicts that the lavatory service vehicles market will envisage healthy growth at a 5.0% volume CAGR during the period 2018-2028. According to the study, lavatory service vehicle sales in the Asia-Pacific region excluding Japan (APEJ) will nearly double during the forecast period. The Fact.MR report sheds light on all the salient factors bolstering the sales of lavatory service vehicles in emerging markets, as air traffic has surged with increasing discretionary income of consumers in developing nations.

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Lavatory Service Vehicles with Smart Safety Features to Become Pervasive

Following safety procedures and error-free operations are the most critical rules for ground support personnel while operating lavatory service vehicles. Thereby, manufacturers in the lavatory service vehicles market are closely observing unique safety needs of ground support personnel to introduce innovative features of lavatory service vehicles. The lavatory service vehicles market is expected to witness introduction to vehicles with various safety accessories, such as rear view camera system, to that can help operators to safely navigate on busy airport runways.

For the better understanding of readers, the lavatory service vehicles market is divided into several segments, such as vehicle types, power, capacity, applications, and regions. The report presents critical information about the lavatory service vehicles market with the explanation for the dynamics of each segment featured in the report. By vehicle type, the lavatory service vehicles market is segmented into trucks and carts, and according to power, electric, non-electric, and hybrid lavatory service vehicles are featured in the Fact.MR study. Depending on the capacity of lavatory service vehicles, the market is divided into four types, viz.. The lavatory service vehicles market is further divided into two applications – commercial and defense aviation. In the final segment of the lavatory service vehicles market, the report features seven geographical regions – North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. With the help of a detailed segmentation of the market, the Fact.MR study helps readers to understand the comprehensive growth prospects of the lavatory service vehicles market.

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Taking into consideration the importance of flawless operation of lavatory service vehicles, leading manufacturers in the lavatory service vehicles market are adopting next-generation technologies to upgrade the older models. Though airports are more inclined towards smaller lavatory service vehicles, the efficiency and precision of operation are the most important features of lavatory service vehicles.

The research report on lavatory service vehicles market, published by Fact.MR, features a comprehensive list of stakeholders in the market, such as manufacturers, distributors, and suppliers, information about which describes the competitive environment in the market. Readers can find detailed information about leading players in the lavatory service vehicles market, including company overview, SWOT analysis, key financials, and key strategies, which can help them to track their competitors’ moves. Stakeholders in lavatory service vehicles market featured in the Fact.MR report are Alvest Group, Sage Parts, Weihai Guangtai Airport Equipment Co., Ltd., Vestergaard, TBD Owen Holland Ltd., Lift-A-Loft Engineered Aerial Solutions, ACCESSAIR Systems, Inc., Aero Specialties, Inc., Air+Mak Industries Inc., Alberth Aviation Ltd., Aircraft Services, Inc., Bailey Specialty Cranes & Aerials, and Industrial Man Lifts.

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