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Automotive Steering System Market: Automotive Giants Endorsing Adoption of EPS Systems

2019-05-27 15:45:29 | Business
The roughly US$ 30 billion market for automotive steering system will possibly surpass the valuation worth US$ 40 Bn by the end of 2022, as indicated by the global automotive steering system market report offered for the five-year assessment period – 2017-2022. The report provides valued actionable insights on the historic, current, and futuristic scenario of the global automotive steering system to help businesses in automotive components domain arrive at profitable decisions in the near future.

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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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.

HCV Manufacturers Seeking Improved Vehicle Stability through Deployment of Advanced Automotive Steering System

Automakers are registering high demand for hydraulic as well as electro-hydraulic automotive steering systems for reduced steering control force and enhanced fuel efficiency. Several advanced technology automotive steering system designs also integrate features such as electronic stability program and anti-lock braking system. Moreover, manufacturers of automotive steering system are also investing their R&D efforts in innovations regarding advanced technology driver assistance and power consumption.

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.

Automotive Antifreeze Market: Propylene Glycol-based Antifreeze Remains Highly Preferred

2019-05-27 15:32:21 | Business
A report published by Fact.MR on “Automotive Antifreeze Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” delivers the most viable market performance during the forecast period 2017 – 2022. Considering the various facets of the market, the comprehensive insights covered in the report provide the readers with an all-inclusive market scenario. The automotive antifreeze market report includes information with respect to product type including ethylene glycol, propylene glycol and glycerin. In addition, the market is also evaluated by considering different vehicle types including PC, LCV and HCV as well as by sales channel including aftermarket and OEM. A thorough analysis of the historical data, current market scenario and future market projections in the automotive antifreeze market are also included in the report.

The global automotive antifreeze market is influenced by a slew of macroeconomic and microeconomic factors. This report analyzes the global automotive antifreeze market for the period 2017-2022, and offers actionable insights on future market direction. This includes the Introduction to the market and a standard definition of the product – antifreeze. In this section, yearover-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

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An automotive antifreeze is a chemical compound added as a liquid additive in the coolant to maintain temperature variations by altering the freezing and boiling points of the coolant, thereby maintaining the optimum operations of the engine. As opposed to traditional antifreeze, modern commercial automotive antifreeze formulations deliver additional properties such as corrosion prevention, efficient heat transfer and prevention of scale formation.

Demand for High-Performance Lubricants to Propel the Automotive Antifreeze Market

The inception of high-performance lubrication can be tracked to the changing environmental regulations with regard to reducing carbon footprints of vehicles that demanded high-performance lubricants to enhance the fuel efficiency of the vehicle. Automotive antifreeze is added in the high-performance lubricants to protect the lubricants from freezing. Moreover, vehicle owners actively seek engine maintenance to increase the durability of engine operations and, in turn, that of the overall vehicle.

A prominent rise in the rates of vehicle production, sales of cars, demand for automobile maintenance, and expansion of automotive aftermarket are factors responsible to transform the growth trajectory of the automotive antifreeze market in the coming years. As per Fact.MR’s study on the Antifreeze Market, a steady CAGR surpassing 5% is projected during the forecast period of 2017 – 2022.

Increasing Preference for the Production of Bio-Based Automotive Antifreeze to Pave a New Path in the Market

Antifreeze poisoning is one of the well-known adverse health effects of automotive antifreeze. Apart from its toxic influence on small animals, prolonged exposure of automotive antifreeze has been suggested to cause poisoning in humans. On the other hand, automotive antifreeze causes potential harm to the environment in terms of polluting different water resources. In light of this, governments in various countries have taken disciplinary actions to offset the harmful effects of the automotive antifreeze on the environment. In a bid to meet the standards put forth by various government bodies have pushed manufacturers to incorporate bio-based antifreeze in different lubricant formulations.

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As the demand for high-performance cars and trucks grows, need for engine maintenance is likely to increases in parallel. As high-performance engines are run at a faster pace and at high temperatures, need for an effective cooling system to maintain the optimal engine efficiency has resulted in higher demand for organic acid technology, as per the research study. Among the technology types including organic acid, inorganic acid and hybrid acid technologies, the neck and neck competition between organic acid and inorganic acid technology, the study reveals the most lucrative segment to be the organic technology segment.

The automotive antifreeze market report delivers a comprehensive assessment of the key manufacturers on the automotive antifreeze products. Leading players identified in the automotive antifreeze market report are BP P.L.C., Chevron Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, KOST USA, Inc., Prestone Products Corporation, Recochem Inc., Rock Oil Company, LLC, Total S.A., and Valvoline International, Inc. among others.


Disruptive Innovations to Propel the Vehicle Anti-theft System Market towards US$ 9.5 billion

2019-05-27 15:20:44 | Business
Fact.MR has compiled a market research analysis of the vehicle anti-theft system market in the report titled “Vehicle Anti-theft System Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”.  A comprehensive analysis backed by historical data and current market scenario has formed the basis of the derived forecast of the vehicle anti-theft system market during the period 2017 – 2022.

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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OEMs in Vehicle Anti-Theft System Market to Plunge in Expansion as Exponential Vehicle Demand Prevails

Disruptive technology trends continue to challenge Automotive OEMs, particularly interactive vehicle safety systems, connected vehicles and forthcoming era of autonomous cars. Enhanced comfort and advanced safety have assisted automobile sales to grow and reach the current record high numbers. Although passive safety remains at the centerstage, vehicle anti-theft systems have consistently evolved following rising incidences of car thefts.

Disruptive Innovations to Propel the Vehicle Anti-theft System Market towards US$ 9.5 billion by 2022 End

Recent technology introductions in the vehicle anti-theft system market have provided some of the most disruptive innovations to effectively address the concerns of vehicle thefts. Development of software that integrates smartphone and smart watches in the vehicle anti-theft system is the latest entrants in the market that allows linking of multiple features and enhances owner experience. Another vehicle tracking technology with GPS and GSM has successfully crossed the boundaries in delivering excellent vehicle anti-theft systems in the vehicle anti-theft system market.

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

In the section of the competitive landscape, 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.


Advanced After-Treatment Devices to Amplify the Latitudes of Exhaust Systems Market

2019-05-27 14:50:05 | Business
Fact.MR published a comprehensive research study on ‘Exhaust Systems Market’ for the forecast period of 2017-2022. This report will be addressing critical questions that are veritable for the industry stakeholders of the exhaust systems market to be aware of. This research study on exhaust systems market would also help industry participants of exhaust systems market to have an eye on attractive segments and will guide them in making viable investment decisions.

As all of the fuel is burned to create the combustion required to spur a vehicle forwards, various noxious gases are generated as a by-product. Many of these have been detrimental, incorporating nitrogen oxide, carbon monoxide, sulfur dioxide, lead, phosphorous and nitrogen monoxide. Besides transferring harmful carbon monoxide and hydrocarbons into carbon dioxide and water vapor, the exhaust system has been instrumental in determining that the high temperature produced in the course of combustion are recirculated back into the chamber. Moreover, exhaust systems has a sensor which detects the amount of oxygen in the exhaust gas makeup, which aids to keep in check the amount of fuel needed by the engine; leading to an exceptional level of fuel efficiency.

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Accordingly, rigorous regulations with respect to emission control have led to a paradigm shift towards integration of selective catalytic reduction (SCR) technology with exhaust systems. This has helped in improving fuel efficiency through controlling NOx emissions. Evidently, automotive powerhouse such as BMW, Mercedes-Benz and Volkswagen have tried their hands at this technology in passenger cars’ exhaust systems. Meanwhile, stakeholders are pitching for the introduction of next-generation automobile infrastructure, which will fortify the trend for eco-friendly technology.

At the time when the concept of smart cities is grabbing eye balls, the rise in demand for exhaust system is inevitable. Moreover, automakers’ inclination for electrification presents a sanguine picture for the preeminent players in the exhaust system market.

OEMs to Keep Up with Technological Breakthroughs for Avoiding Business Obsoleteness 

By far, OEM is predicted to be the most lucrative sales channel in the exhaust systems market. With massive transmutations undergone by the global auto industry, OEMs of exhaust systems will have to keep up with these technological advances. Manufacturers of exhaust systems who manage to adapt to the transformations can seize new opportunities to capitalize on.

Emission Control Norms Stimulate Noble Developments in Exhaust Systems

Stringent regulations with regard to emission control have induced spectacular innovations exhaust systems. A drastic shift has been witnessed toward heavy integration of selective catalytic reduction (SCR) technology with exhaust systems, which helps to revive the fuel efficiency by controlling NOx emissions. Automotive giants such as Mercedes-Benz, BMW, and Volkswagen have already introduced this technology in exhaust systems of passenger cars.

Exhaust System Market: Overview

The report provides a robust analysis on the exhaust system market with the help of quantitative and qualitative analysis. The report sifts on the major drivers, trends, opportunities and restraints that have significant influence in the growth of the exhaust system market. In order to provide readers with the holistic picture of the exhaust 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 exhaust 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 exhaust system market.

Exhaust System Market: Competitive Landscape

This competition landscape of exhaust systems market enunciates the competitive dynamics in terms of crucial parameters such as relative market foothold, product offerings and differential strategies adopted by the key players operating in the exhaust systems market. Some of the key players operating in the exhaust systems market reported in this study include Futaba Industrial Co., Ltd., Faurecia, Tenneco Inc., Ltd., Sejong Industrial Co., Ltd., Sango Co., Ltd, Friedrich Boysen GmbH & Co. KG, Benteler International AG, Eberspacher, and Yutaka Giken Co.

Car DVR Market: Mid-Priced Car DVR is Attracting a Significant Share

2019-05-27 14:37:31 | Business
A newly published research study on car DVR market provides a comprehensive assessment of the global car DVR market within the five-year timeline, 2017-2022. The approximately US$ 1 Bn market for car DVR will possibly reach US$ 1.5 Bn towards the end of 2022, witnessing an impressive expansion at 7.5% CAGR over 2017-2022. The report offers insightful information on each aspect associated with the performance of car DVR market, at a regional as well as global level. With valuable strategic insights on key market dynamics, taxonomical analysis, examination of the most actionable market opportunities, and analysis of the most trendsetting and profitable technological innovations, the report aims to help businesses in the car DVR market arrive at a decisive strategic point.

Often alluded to as a dashboard camera or a driving recorder, a car DVR has grabbed eyeballs across the globe. Car DVRs have become indispensable to insurance companies and the legal system in the occurrence of accident. Car DVRs have been aiding in providing information with respect to drivers’ response during an accident and offering invaluable information regarding functionality of key safety systems. As such, car manufacturers are paying heed to the popularity of car DVRs.

With the sophisticated processing, high speed connectivity, storage, wireless interfaces and a camera Car DVRs have been collating the real time data about the car and the ambience and has the capability to directly connect to the automotive bus interface. As such, data collection such as braking force, GPS, acceleration and surrounding traffic situations are stored for subsequent assessment and retrieval.

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The soaring growth of Car DVR Market is attributed to highly integrated system on chip (SoC) processors, enhanced image sensor quality, low power consumption and video compression techniques. Moreover, addition of advanced algorithms to cameras has made it easier to spot people, objects and sounds around the periphery.

Multi-channel, Multi-functional Car DVR for Connected Cars: Enabling Car DVR Market to Keep in Pace with Connected Car Technology Space

While IoT and IoE enabled vehicles, and connected car and autonomous driving technologies are supposed to be stepping out of their infancy anytime soon, the applicability of automotive electronic devices such as car DVR is most likely to gear up in full speed. With emergence of a heap of applications in futuristic on-road cars and a pool of untapped safety and security concerns associated with the implementation of car DVRs, the global car DVR market is expected to witness multiple opportunities in terms of car DVR security and vulnerability.

Observing swelling demand for low-priced car DVR installations among consumers based in emerging economies, companies are investing in the development of affordable pricing strategy. Moreover, sustained traction for single-channel car DVR devices will continue to prompt manufacturers to continue technology innovations in single-channel car DVRs throughout the forecast period.

Car DVR Market: Overview

This report offers a thorough analysis on Car DVR 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 Car DVR market. The report also incorporates segmentation of the market to provide a comprehensive analysis of the Car DVR.

In-car DVR Camera Optimization by Image Sensors: A Seemingly Breakthrough Innovation Boosting Car DVR Adoption

Functional optimization of car DVR devices is currently attracting R&D efforts of several companies, including leading automotive electronics manufacturers. ON Semiconductor, one of the Fortune 500 semiconductor suppliers, has recently registered a successful attempt of the incorporation of image sensors into in-car DVRs with an objective to achieve enhanced functionality.

 

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The report incorporates executive summary and market overview section. The Car DVR 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 Car DVR 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 Car DVR 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 Car DVR market.

Car DVR Market: Competitive Landscape

A thorough analysis of competitive scenario of the Car DVR 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.

Honeywell, Panasonic Corporation, Garmin Ltd., Amcrest Technologies, Cobra Electronics Corporation, Lukas, ITronics Group, Hdigital-eye ltd. (VicoVation), WatchGuard Video, Blackvue, PAPAGO Inc., Fine Digital Inc., Qrontech Co. Ltd., ABEO Technology Co., Ltd., and CNSLink are among the key companies that have been covered in the competition tracking section of car DVR market report.