Automotive Steering System Market: Electric Powered Automotive Steering System Taking over Hydraulic

Healthy adoption has been anticipated for the automotive steering system in the near future. As indicated by a recently released research study on the global automotive steering system market by Fact.MR, electronically powered automotive steering systems are likely to continue capturing the limelight throughout the analysis period. The global automotive steering system market report provides forecast of the market performance over 2017-2022, and offers practical insights on the most impactful factors associated with the market performance – at present as well as in the near future. The report aims to deliver valued insights to automotive steering system manufacturers and automakers so as to direct their strategic business decisions.

Frequent fluctuations in commodity prices, prevailing sales of vehicles delivering smooth traction, and tightening regulatory standards regarding passenger safety are collectively driving the global scenario of automotive steering system market. North American and European automotive industries anticipate brisk adoption of EPS (electric power steering), rear-axle or all-wheel-steering (AWS), and SbW (steer-by-wire), which is foreseen to provide a strong push to the growth of automotive steering system market globally. The US and Canadian automotive steering system markets recorded a combined revenue of over US$ 7 Bn in 2017, whereas Europe’s market for automotive steering system is presumed to register steady expansion over the next few years.

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A recent intelligence outlook published by Fact.MR predicts steady growth for the global automotive steering system market over 2017-2022. A stable compound annual growth rate has been estimated for the global automotive steering system market for the next five-year period. As indicated by the report on the automotive steering system at a global level, the roughly US$ 30 Bn vertical for automotive steering system market will possibly equate the valuation of US$ 40 Bn by 2022 end. The global automotive steering system marketplace continues to transform with dramatic technological advancements directed to improved automotive steering systems that allow drivers to achieve effortless and risk-less maneuvering.

 “New demands raised by the emergence of fully or partially autonomous vehicles and electric vehicles will continue to influence the automotive steering system space over the next few years,” says a senior research analyst with an expertise in the automotive domain, at Fact.MR.

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Electric Powered Automotive Steering System Taking over Hydraulics

The quest for reduced complexity and costs will continue to compel OEMs to switch from hydraulic automotive steering system to electric automotive steering system. Moreover, manufacturers are increasingly inclined towards achieving high efficiency, and thereby preferring electric automotive steering system over hydraulic automotive steering system. Although hydraulics have been considered ideal for amplified steering efforts for parking and maneuvering vehicle through heavy traffic, they tend to undermine both the engine power and fuel economy. Electric automotive steering system on the flipside helps achieve high fuel efficiency, and reduced vehicle weight and costs - offering assistance at lower as well as higher vehicle speeds and in all driving modes, including sports.

Automotive Giants Endorsing Adoption of EPS Systems

EPS surpassed a market value of US$ 12 Bn in 2017, followed by the manual automotive steering system. With a predominant share in the global automotive steering system market value and a higher CAGR estimated over the next few years, electric powered automotive steering system (EPS) will remain a highly attractive segment in the global automotive steering system market through 2022.

Prominent players partaking in the global automotive steering system space include Nexteer Automotive Group Limited, JTEKT Corporation, ThyssenKrupp AG, NSK Ltd., Mitsubishi Electric Corporation, China Automotive Systems, Inc., Sona Koyo Steering Systems Limited, and Robert Bosch Limited.

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Automotive LED Light Market: Headlamps are Expected to be the Most Attractive Application

A recent study by Fact.MR estimates the global automotive LED light market to register an impressive CAGR during the forecast period 2017 to 2022. Global automotive LED light market is expected to surpass revenues worth US$ 6,000 Mn by 2022-end. Major factors impacting growth of the automotive LED light market include expansion of automobile industry, surging sales of lightweight vehicles across the globe, focus on energy efficiency, and soaring LED penetration. This Fact.MR report discusses key prospects for growth of global automotive LED light market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies. Traditionally utilized as back lights in vehicles, automotive LED lights are now being adopted for headlights, replacing xenon light, and halogen light. This is mainly attributed to their properties such as better lighting system, and higher power efficiency. LED lighting systems are gaining higher preference in vehicles, with their rising popularity among car owners across the globe. Automobile manufacturers are shifting their concentration towards provision of safety and comfort to customers, coupled with rising production of hybrid as well as electric vehicles integrated with high-quality LED lights. In order to effectively differentiate themselves in the global market, and gain a competitive edge, leading players are focusing on developing innovative systems with cost-effective solutions.

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Extension of LEDs in automotive lighting systems is expected to have a higher potential, with improvements in LED modules, and advent of new technologies, for example – organic LEDs (OLEDs) producing homogenous light. One of the predominant market players, Osram has recently announced its new flexible OLED for automotive lighting systems. The aforementioned factors might fuel expansion of the global automotive LED light market.

Robust expansion of the automotive sector, coupled with soaring sales of lightweight vehicles, rising focus on energy efficiency, and stringent government policies & regulations concerning utilization of halogen and xenon automotive lights has also fuelled expansion of the automotive LED light market.  However, high cost remains a major restraint for automotive LED light market growth, such as their application in headlamps. Currently, the high prices of automotive LED lights affects their aftermarket sales, especially across developing economies including India, China, and South Africa.

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Accounting for over one-third share of the automotive LED light market, Asia-Pacific excluding Japan (APEJ) will continue to be the most attractive region in the automotive LED light market, in terms of revenues. Europe is expected to be the second most lucrative region in the automotive LED light market, with sales expanding at a CAGR of 8.5% through 2022.

Competition Tracking

Key players listed in the Fact.MR’s automotive LED light market report include OSRAM Licht AG, HELLA KGaA Hueck & Co., Koito Manufacturing Co., Ltd., Stanley Electric Co., Ltd., Koninklijke Philips N.V., Valeo SA, Imasen Electric Industrial Co., Ltd., Texas Instruments, Nichia Corporation, and General Electric Company.

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Vehicle Anti-theft System Market: Engine Immobilizers Continue to Report Highest Demand through 2022

Fact.MR compiled a report on vehicle anti-theft system market for the forecast period of 2017-2022. This report is a diligent research study meeting requirements of key stakeholders of the vehicle antitheft system market on the lookout of attractive business opportunities. As countries make headway in lowering vehicle theft, National Insurance Crime Bureau (NICB) states quoting state and local crime fighters that drug problem is one of the driving forces behind the high vehicle theft rate as drug users steal cars to perpetrate other crimes. The NICB deduced that 147,434 vehicles were reported stolen with keys left in cars between 2013 and 2016. Meanwhile, with smartphones proliferation, it has become possible to disable the car remotely which has deterred some theft. Manufacturers are vying to come up with protection of vehicles with a reliable, intelligent, efficacious and economical system.

The cutting edge technology is vying to monitor, protect and track the vehicle in no time. The growing use of engine mobilizers, coded smart keys and telematics locating systems and vehicles parts marking has resulted in the plunge in vehicle theft. Besides, heightened public awareness and law enforcement agencies’ enhanced prosecution efforts have acted as caveats for vehicle theft.

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Several agencies suggest use of GPS telematics to remotely monitor a vehicle through a personal computer or a smartphone. Accordingly, the use of microcontroller based anti-theft security system using GSM networks as also grown in popularity.  The emergence of software which integrates smartphone and smart watches in the vehicle anti-theft system has brought disruption in the market. These factors are anticipated to propel the vehicle anti-theft system market.

Vehicle Anti-theft System Market: Overview

The report offers a thorough analysis on the vehicle anti-theft system market with the aid of quantitative and qualitative analysis. The report focuses on the major drivers, trends, opportunities and restraints that have significant influence in the growth of the vehicle anti-theft system market. In order to provide readers with the holistic picture of the vehicle anti-theft system, the market has been segmented.

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The report includes executive summary which gives insights on market overview and market analysis. The report also includes macro-economic factors, opportunity analysis and global economic outlook. The report further gives delineates value chain analysis and forecast factors, the former offering suppliers’ end users, profit margins while the latter gives insights on relevance and impact. The report also incorporates pricing analysis and market volume projections. The report delves into consumer behavior analysis and major distributors’ lists and at the same time gives insights on insurance coverage in vehicle anti-theft system products.

The actionable insights in the report is the result of primary sources, including surveys, interactions in person, a reliable and authentic views of seasoned analyst, interviews and perusal of experts. In addition, the report is propelled by secondary sources incorporating trade journals, resourceful database and authentic and verified paid sources. The report is also backed up by absolute dollar opportunity analysis which has considerable influence in shaping the growth of the vehicle anti-theft system market.

Vehicle Anti-theft System Market: Competitive Landscape

The report also offers analysis on competition scenario, including competition dashboard and deep dive and also actionable insights on mergers and acquisitions. The report delineates overview, production footprint, product portfolio, sales footprint, channel footprint and strategy overview. The report delivers a dashboard view of the key market players operating in the vehicle anti-theft system market. The companies have been profiled based on their product portfolios, recent innovations, their relative market positions, and business strategies. Key companies profiled in the vehicle anti-theft system market report include Denso Corporation, Continental AG, OMRON Corporation, Robert Bosch GmbH, ZF TRW Automotive Holdings Corporation, Delphi Automotive Plc, TOKAI RIKA, CO, LTD., Mitsubishi Electric Corporation, VOXX International Corporation, Lear Corporation, and HELLA KGaA Hueck & Co among others.

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Motorcycle Filter Market: IAM segment to hold a Lion’s Share in the Sales Channel Segment

In order to ensure that the internal combustion engine of a motorcycle works in an efficient manner and has a long life, care has to be taken to ensure that the engine oil circulating in the engine has to be free from contaminants like dirt particles. It is for this purpose that filters are used in the motorcycles, so as to ensure that the oil circulating in the engine is free from dirt. Fact.MR’s report discusses key prospects for growth of global motorcycle filter market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.  Over the past several years, production of two-wheel vehicle has risen exponentially—overly in Asia. Purchase and maintenance are significantly lower as compared to the corresponding costs for even the small automobiles, thereby making the types of low-cost two-wheelers sold throughout southern Europe and most of Asia a rather economically viable transportation option. Given motorcycles emit considerable quantities of carbon monoxide (CO), hydrocarbons (HCs) and particulate matter (PM), its contribution to air pollution has become a common phenomenon. In order to address this grave issue, manufacturers are developing filters for motorcycles.

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With the aim of assuring proper lubrication of all parts of the engine, engine oil becomes indispensable additive to the internal combustion engine. The underlying issue is the accumulation of dirt particles which can falter the engine. With the assistance of filter, this gridlock of dirt particles can be broken.

The significance of oil filters has risen substantially amid rampant air pollution. The use of oil filter reduces the cost of maintenance of the motorcycle through propelling the life of the engine.

With filters resulting in a better combustion process, thereby leading to surge in the maximum power along with peak torque output of the bike, the popularity of motorcycle filter market has grown drastically. Moreover, an improved fuel efficiency and throttle response of the motorcycle can be achieved through the better combustion process.

Motorcycle Filter Market: Overview

This report offers a thorough analysis on Motorcycle filter market underpinned by quantitative and qualitative assessment. Further, the report shows the dynamics of the market, encompassing drivers, trends, opportunities, and restraints that have significant influence in the development of Motorcycle filter market. The report also incorporates segmentation of the market to provide a comprehensive analysis of the Motorcycle filter.

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The report incorporates executive summary and market overview section. The Motorcycle filter market overview section elucidates key trend analysis, value chain analysis and Porters’ Five Force Analysis. Essentially, Porters’ Five Force Analysis provides actionable insights on competitive landscape of the Motorcycle filter market. Furthermore, the report also encompasses the market attractiveness analysis as well as market outlook. The report also includes market value projection and pricing analysis. The report also offers analysis on supply chain and pricing analysis and cost structure analysis.

The report delves into macroeconomic factors such as profitability of enterprises and economic outlook. Moreover, the macroeconomic factors also provides an in-depth assessment on inflation and deflation. The report also peruses into the complex eco-system and risk mitigation to further elucidate the Motorcycle filter market.

The assessment in the report is backed up by primary sources, incorporating an unbiased and veracious views of seasoned analyst, surveys, interviews, interactions in person and assessment by experts. Additionally, the report is bolstered by secondary sources encompassing verified paid source, trade journals and resourceful database. The report is also propelled by absolute dollar opportunity analysis which significant impact in furthering the development of the Motorcycle filter market.

Motorcycle Filter Market: Competitive Landscape

A thorough analysis of competitive scenario of the Motorcycle filter market is underpinned by a comprehensive analysis of Porters’ Five Force Analysis. Further, the report deals with financial overview, company overview, recent development, sales footprint, product portfolio and key differentiator.

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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Drone Market: Demanding Regulation to Favor Drone Market Performance through 2022

factmr rovides an exhaustive analysis of the global drone market for the five-year projection period, in a recently released intelligence outlook, titled “Drone Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”. Over the forecast
period, the global market for drone is expected to expand at a colossal rate – primarily driven by innovations and emerging applications across a plethora of commercial sectors.  Though the drone technology has been around for a few years, their capabilities are yet to be fully utilized. The use of drone technology has not merely been confined to defense organizations as the benefits of the unmanned aerial vehicle extends beyond this sector. Drones have begun to play a bigger role in framing a holistic picture built from number of data sources which is anticipated to continue in 2019. Unsurprisingly, companies are harnessing drone technology for commercial use across industries.

The use of drones in fight against terrorism and military targets soared ever since the infamous 9/11 terrorist attacks in the United States. Terrorism has plagued the world for decades killing millions of people. Given drones are comparatively cheaper than traditional aircraft and it does not require human cargo on board of the plane which becomes financially viable and negates pilot deaths, countries such as the U.S., U.K, and Israel have embraced drone to combat terrorism.

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Military Use—Bomb Detection & Surveillance and Air Strikes

Given the efficacious cameras and small size of the drones, it has been effective for bomb detection. The defense sector of any country regularly conducts surveys to ensure the protection of its people, place and protect its sovereignty.

The use of drones for air strikes has been monumental as once, the then President of America, Barack Obama confirmed the use of drones to attack militants and amorphous terrorist outfits in Pakistan’s tribal regions.

Non-Military Use—Shipping & Delivery, Filming & Journalism, Agriculture

Though the use of drones in shipping is at nascent stage, the idea could be revolutionary through reducing human labor and delivery time.

Several movies are being shot with the help of drones giving the film industry a new look. Meanwhile, the drones have leveraged reporters to reach unimaginable places. Besides, aerial footage for live feed has become prevalent.

Drones have found its use in the field of agriculture, especially for large scale farmers who witnessed considerable improvements in crop yields with the use of drones. Aerial monitoring of agriculture lands can offer farmers with actionable insights of crop performance. Moreover, with the help of infrared sensors, farmers can assess the health of the crops.

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These is not the exhaustive list as the uses of drones expand to disaster management, geographic mapping, wildlife monitoring, safety instruction, namely. As such, these offer a lucrative opportunity for players in drone market.

Drone Market: Overview

The report offers a thorough analysis on the drone market with the aid of quantitative and qualitative analysis. The report focuses on the major drivers, trends, opportunities and restraints that have significant influence in the growth of the drone market. In order to provide readers with the holistic picture of the drone, the market has been segmented.

The report includes executive summary which gives insights on market overview and market analysis. The report also includes macro-economic factors, opportunity analysis and global economic outlook. The report further gives delineates value chain analysis and forecast factors, the former offering suppliers’ end users, profit margins while the latter gives insights on relevance and impact. The report also incorporates pricing analysis and market volume projections. The report delves into consumer behavior analysis and major distributors’ lists and at the same time gives insights on insurance coverage in drone products.

The information in the report is backed up by primary research, incorporating interactions in person, a reliable and authentic views of seasoned analyst, surveys, interviews and actionable insights of experts. Besides, the report is underpinned by secondary research encompassing resourceful database, trade journals and verified paid sources. The report is furthered by absolute dollar opportunity analysis which is an instrumental aspect in determining the growth of the drone market.

Drone Market: Competitive Landscape

The report also offers analysis on competition scenario, including competition dashboard and deep dive and also actionable insights on mergers and acquisitions. The report delineates overview, production footprint, product portfolio, sales footprint, channel footprint and strategy overview.

Drone market leaders such as DJI, Yuneec, and Parrot are prioritizing incorporation of autonomous flight features into their drone designs. They are also investing R&D efforts in sophistication of drone hardware targeting their new offerings. Strategic partnerships, being in the bandwagon of the competitive landscape of drone industry, is predicted to remain a key strategy among a majority of players unless the optimum productivity plateau is reached. Intel, DroneDeploy, 3DR, and Airmap have been actively into partnerships with tech leaders - revolving around combinations of software, hardware, and service based portfolios. Airware recently partnered with industry giants to enhance its mining and quarrying solution platform. PrecisionHawk and EagleView’s prudent partnership aims to transform the virtual claims inspection in insurance, commercial, and government sectors.

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