January 22, 2021

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NOIDA, India, Dec. 3, 2020 /PRNewswire/ — A comprehensive overview of the automotive usage-based insurance market is recently added by UnivDatos Market Insights to its humongous database. The automotive usage-based insurance market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the automotive usage-based insurance market. The automotive usage-based insurance market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the digital advertisement market at the global and regional levels. The Global Automotive Usage-Based Insurance Market is expected to grow at a CAGR of 24.4% from 2021-2026 to reach US$ 93 billion by 2026.

Market Overview

The National Association of Insurance Commissioners (NAIC) revealed in 2015 that about one-fifth of auto insurers will offer automotive usage-based insurance in the next five years. Moreover, nearly 90% of the new car sales in 2020 will include embedded telematics packages, as per the European Commission. The key factor impacting the market of automotive usage-based insurance is the government regulations on telematics, lower insurance premium compared to regular insurance, surging vehicle fleet, etc., and a rise in the connected car services. In 2019, the global sales of connected cars with embedded telematics are estimated to have hit 28.5 million units. Moreover, it is expected that the number of connected cars would reach around 74 million units by 2025.

Automotive Usage-Based Insurance (UBI) is a type of auto insurance that tracks mileage and driving behaviors. The global auto industry is undergoing a major transformation due to technological advancements.  The growing adoption of IoT coupled with the introduction of 5G technology worldwide has generated a wave of connectivity. Moreover, surging automotive production and sales coupled with the escalating internet penetration has pleasantly impacted the market of automotive usage-based insurance.

Request Sample Copy of this Report @ https://univdatos.com/report/automotive-usage-based-insurance-market-current-analysis-and-forecast-2020-2026

Covid-19 Impact

COVID-19 pandemic adversely impacted the industries. The insurance companies started making unparalleled moves such as reduce premium, partial refund, etc., Moreover, the demand for the new insurance policies witnessed an uptick with a low premium. As per a report by J.D Survey, online demand for new insurance policies has gone up by 27% since March. Also, as of May around 40% of consumers were interested in telematics-based auto insurance options. Moreover, the driven hours also reduced due to the lockdown in the counties. In a study, it was found that driven hours in Washington reduce from 29.2% to 11.6% in the month of April-May. Also, in a survey, it was found that the COVID-19 pandemic impacted the willingness to use usage-based insurance. As of 24 March 2020, there were around 10% of people who were more willing to use UBI. However, the number increased to 31% till 12 May 2020 which is 3.1 times the prior results.

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– Regulatory mandates for improving the performance and efficiency of automotive vehicles drive demand for cost-effective materials in automotive drive, aluminum gaining popularity over steel in automotive drive shaft market

Europe and North America key markets, emission regulations and large number of all-wheel drive vehicles bolster application of automotive drive shaft especially in four-wheel drive vehicles

ALBANY, N.Y., Dec. 2, 2020 /PRNewswire/ — Advances in material sciences for fabricating lightweight and inexpensive materials used in making automotive drive shafts have witnessed impetus from the steady demand for energy-efficient vehicles. New materials such as aluminum and carbon fiber have been increasingly tested in recent years and continue to increase the appetite for stakeholders in the automotive drive shafts.

Regulatory mandates in various developed and also developing regions for making energy-efficient utility vehicles available to consumers expand the possibilities in market. Post Covid-19 pandemic, production of automotive vehicles has gained pace, creating new market avenues.

The global automotive drive shaft market is expected to rise at tepid CAGR of ~2% during 2019 – 2027, with expected recovery of production of automotive vehicles in Q4 of 2020 strengthening market prospects. Despite the tepid growth, the final valuation of the market is expected to reach worth of ~US$ 21 Bn by 2027-end.

Advances in production technology and research in manufacturing technology are expected to boost the durability and noise dampening properties of automotive drive shafts, assert TMR analysts.

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Key Findings on Automotive Drive Shaft Market Report

  • Of all the product types, single piece drive shaft segment accounted for the leading market share in 2018
  • Multi-piece drive shafts segment is expected to gather traction in automotive drive shaft market
  • Of all drive types, front-wheel drive vehicles held sizable share in 2018
  • The popularity of real wheel segment is likely to be not just confined to Europe but gain worldwide traction
  • The demand in the ‘others’ segment rising at notable pace since 2016
  • Of the various drive systems, two-wheel drive segment accounted for a sizable share in 2019
  • Of the various materials used in making automotive drive shafts, steel holds the sway and is expected to retain its lead
  • Of the various vehicle types, passenger vehicles segment held the major market share and is expected to retain its lead through 2027
  • Strength, machinability, and durability are key attributes propelling the popularity of steel in manufacturing automotive drive shafts.

Explore 413 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Automotive Drive Shaft Market (Drive Shaft Type: Single Piece and Multi-piece; Drive Type: Front Wheel Drive, Rear Wheel Drive, and Others; Drive System: Two Wheel Drive and Four Wheel Drive; Material: Aluminum, Steel, and Carbon Fiber; and Vehicle: Passenger Vehicle, Commercial Vehicle, and Electric Vehicle) – Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/automotive-drive-shafts-market.html

Automotive Drive Shaft Market: Key Driving Factors and Promising Avenues

  • Updates in emission norms play crucial role in shaping the contours of the market.
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ALBANY, N.Y., Dec. 1, 2020 /PRNewswire/ — The abundant demand in the polyphthalamide market stems from the trend of end-use industries utilizing the salient features of the resin and its composites. Most prominently, they have emerged as a potential alternative to metals in automotive bodies, paving way to vast uptake in SUVs and electric vehicles. Some of the key characteristics utilized by end-use industries are flame-retardant nature, remarkable heat resistance, and low electricity modulus, notably in the electronics industry.

Analysts at TMR concur that key market participants should undertake extensive research and development on modifying the properties of polymers to develop alternative for metals. Some of the key materials used in reinforcement are carbon fiber, minerals, and glass fiber. They assert that players must tend to manage the variability of raw material cost to emerge as winner.

Request for Covid-19 Impact Analysis on Polyphthalamide Market: https://www.transparencymarketresearch.com/Covid19.php

Globally, the polyphthalamides market is expected to clock CAGR of ~8% during 2019 – 2027, and is projected to touch the mark of ~ US$ 2.5 Bn.

Key Findings of Polyphthalamide Market Report

  • Of the various end-use industries, automotive held the leading share in 2018
  • Electronics and electrical segment considered as highly lucrative segment
  • Asia Pacific held the leading share in 2018
  • The Asia Pacific polyphthalamides market expected to clock CAGR of ~ 8% from 2019 to 2027
  • Of the various grades, glass fiber reinforced segment held the leading share in 2018
  • Another segment carbon fiber reinforced PPA is a promising segment and is anticipated to clock CAGR of 8.5% from 2019 to 2027
  • Globally the polyphthalamides market was pegged at ~ US$ 1.3 Bn in 2018.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Polyphthalamide Market: Key Driving Factors and Promising Avenues

  • The demand for lightweight materials is a key trend boosting the utilization of PPA and its composites, thereby spurring revenue generation in the polyphthalamides market. For instance, PPAs are extensively used in motor valves, fuel line systems, and vehicle parts, where glass fiber reinforced polyphthalamide has emerged as a promising candidate.
  • Growing pace of sales of electric vehicles has spurred the prospects in the market. Rise in adoption of ecofriendly vehicles in several economies is boosting the polyphthalamide market.
  • Growing utilization of PPA in high-temperature and moisture-resistant applications in the electrical and electronics industry has bolstered the prospects of the polyphthalamide market.
  • Rise in demand for consumer devices notably smartphones has also fueled the uptake of PPA and PPA composites.
  • Advances made in resin manufacturing technologies has enabled manufacturers of PPA carve out new business propositions in various end-use applications. They are increasingly leaning on end-use-specific modifications.
  • High demand for bio-based polymers has created a new avenues in the polyphthalamide market. This will also help expand their application areas.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/70875

Polyphthalamide Market: Regional Landscape

On the regional front, Asia Pacific held more than half of the share in the polyphthalamide market in 2018. The growth is propelled by the proliferating use of PPA and its

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DALLAS, TX / ACCESSWIRE / November 39, 2020 / According to a new market report published by Lucintel, the future of the global bicycle market looks good with opportunities in the segments of e-bikes, road, and mountain terrain bike (MTB), and kids’ bicycles. The global bicycle market is expected increase in 2020 due to growing health concern and government subsidies led by the COVID-19 outbreak. The market is expected to reach an estimated $59.9 billion by 2025 and is forecast to grow at a CAGR of 8% to 10% from 2020 to 2025. The major drivers of growth for this market are increasing fitness consciousness among people, increasing environmental concerns, increasing traffic congestion, and government programs to promote cycling.

To download report brochure, please go to https://www.lucintel.com/bicycle-industry-2017-2022.aspx and click “download brochure “tab from the menu.

In this market, road, mountain, kids, e-bikes, and other bicycles are the segments by bicycle type. Lucintel forecasts that the mountain bicycle segment is expected to remain the largest segment by value due to increasing demand for these bicycles for leisure purposes. On the basis of its comprehensive research, Lucintel predicts that the demand for electric bicycle is likely to experience the highest growth in the forecast period due to increasing government initiatives to promote cycling in order to reduce carbon emissions.

Asia Pacific is expected to remain the largest region by volume during forecast period supported by huge population and increasing usage of bicycle as a sustainable mode of transportation.

Europe is expected to witness the highest growth by value over the forecast period driven by growing popularity of e-bicycles as an environmental friendly means of transportation and government initiatives to promote sustainable transportation.

For business expansion, the report suggests new product development to enhance the performance of bicycles by making them more lightweight and comfortable. The report further suggests the development of partnerships with customers to create win-win situations and the development of performance-driven solutions for end users.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of folding electric bicycles and increasing the demand custom fit bicycles. Giant Manufacturing Co. Ltd., Accell Group N.V, Merida Industries Co. Ltd., and Dorel Industries Inc. are among the major suppliers of bicycles.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global bicycle industry by bicycle type, region and country and has come up with a comprehensive research report entitled, “Growth Opportunities in the Global Bicycle Market 2014-2025: Trends, Forecast, and Opportunity Analysis” The Lucintel report serves as a springboard for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.

The study includes a forecast for the global bicycle market by bicycle type, region and country as follows:

Bicycle market by bicycle type (Value $ Million and Volume Units from 2014 to 2025):

  • Road/Standard Bicycle
  • MTB/Racing Bicycle
  • Kids Bicycle
  • E-bikes
  • Others

Bicycle market by region (Value $ Million and Volume Units from 2014 to

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DALLAS, TX / ACCESSWIRE / November 39, 2020 / According to a new market report published by Lucintel, the future of the global bicycle market looks good with opportunities in the segments of e-bikes, road, and mountain terrain bike (MTB), and kids’ bicycles. The global bicycle market is expected increase in 2020 due to growing health concern and government subsidies led by the COVID-19 outbreak. The market is expected to reach an estimated $59.9 billion by 2025 and is forecast to grow at a CAGR of 8% to 10% from 2020 to 2025. The major drivers of growth for this market are increasing fitness consciousness among people, increasing environmental concerns, increasing traffic congestion, and government programs to promote cycling.

To download report brochure, please go to https://www.lucintel.com/bicycle-industry-2017-2022.aspx and click “download brochure “tab from the menu.

In this market, road, mountain, kids, e-bikes, and other bicycles are the segments by bicycle type. Lucintel forecasts that the mountain bicycle segment is expected to remain the largest segment by value due to increasing demand for these bicycles for leisure purposes. On the basis of its comprehensive research, Lucintel predicts that the demand for electric bicycle is likely to experience the highest growth in the forecast period due to increasing government initiatives to promote cycling in order to reduce carbon emissions.

Asia Pacific is expected to remain the largest region by volume during forecast period supported by huge population and increasing usage of bicycle as a sustainable mode of transportation.

Europe is expected to witness the highest growth by value over the forecast period driven by growing popularity of e-bicycles as an environmental friendly means of transportation and government initiatives to promote sustainable transportation.

For business expansion, the report suggests new product development to enhance the performance of bicycles by making them more lightweight and comfortable. The report further suggests the development of partnerships with customers to create win-win situations and the development of performance-driven solutions for end users.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of folding electric bicycles and increasing the demand custom fit bicycles. Giant Manufacturing Co. Ltd., Accell Group N.V, Merida Industries Co. Ltd., and Dorel Industries Inc. are among the major suppliers of bicycles.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global bicycle industry by bicycle type, region and country and has come up with a comprehensive research report entitled, “Growth Opportunities in the Global Bicycle Market 2014-2025: Trends, Forecast, and Opportunity Analysis” The Lucintel report serves as a springboard for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.

The study includes a forecast for the global bicycle market by bicycle type, region and country as follows:

Bicycle market by bicycle type (Value $ Million and Volume Units from 2014 to 2025):

  • Road/Standard Bicycle
  • MTB/Racing Bicycle
  • Kids Bicycle
  • E-bikes
  • Others

Bicycle market by region (Value $ Million and

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The MarketWatch News Department was not involved in the creation of this content.

New York, United States, Sat, 28 Nov 2020 03:43:37 / Comserve Inc. / — With the emerging economic and environmental concerns, automotive industry is witnessing unprecedented adoption of 3D printing for designing auto parts and accessories.

Global Automotive 3D Printing Market is estimated to reach $3,628 Million by 2024; growing at a CAGR of 21.7% from 2016 to 2024. With the emerging economic and environmental concerns, automotive industry is witnessing unprecedented adoption of 3D printing for designing auto parts and accessories. 3D printing in automotive designs raises creativity, innovation, and creates boundless possibilities for empowering future transportation. It is used for designing and printing car parts to creating new accessories with latest concept. Moreover, it also assists in personalizing the features such as fancier geometries, light weight lattice structures, and others, and also provides much more variety to the ever-growing customer base. Both automotive OEMs and suppliers use additive manufacturing to augment the quality at pre-production stage, innovations in product design, to develop customized tools and reduce overall production time.

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The global automotive 3D printing market is driven by increasing need to reduce development cost and time, increasing government spending on 3D printing projects, growing demand for 3D printing over conventional methods, and effective use of raw materials. Though, lack of skilled labors, high cost involved in the process, and restrictions in material consumption would pose challenge for the market growth. Additionally, technological advancements, and innovations in advanced materials would create growth opportunities for the market in years to come.

The global automotive 3D printing is segmented as component, application, and geography. Component is segmented as material (metals & alloys, polymers, and others (plastic, ceramics, glass, paper, and wood)), technology (laminated object manufacturing, fused deposition modeling, stereolithography, selective laser sintering, electron beam melting, and others (three dimensional injet printing, and digital light processing)), and services. Furthermore, application is bifurcated as prototyping and tooling, R&D and innovations, and manufacturing complex parts.

By geography the market is segmented into North America, Europe, Asia-Pacific and rest of the world (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers UK, Germany, France, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, and others. RoW covers South America, Middle East and Africa.

The major players included are EnvisionTEC, Inc., Arcam AB, Optomec, Inc., 3D Systems Corporation, Hoganas AB, Voxeljet AG, Autodesk, Inc., Ponoko Limited, The ExOne Company, and Stratasys Inc, among others.

The key takeaways from the report:
The report will provide detailed analysis of Global Automotive 3D Printing Market with respect to major segments such as component, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Automotive 3D Printing Market

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The MarketWatch News Department was not involved in the creation of this content.

New York, United States, Sat, 28 Nov 2020 03:44:27 / Comserve Inc. / — Automotive sensors enable conversion of physical quantities into electric signals and are capable in controlling the system.

Global Automotive Sensors Market is estimated to reach $39.8 Billion by 2024; growing at a CAGR of 7.3% from 2016 to 2024. Automotive sensors enable conversion of physical quantities into electric signals and are capable in controlling the system. Sensors are an essential component that are used for operating the physical equipment to measure, detect, and to transform information to control automotive equipment. There is an Increased adoption of automotive sensors among OEM’s automotive system and raised production of automotive equipment by using several sensors in vehicles such as lighting control systems, anti-locking braking systems, steering systems, engine emissions control, and airbags. These sensors provide safety, comfort to passenger, which further increases the demand of automotive sensor market increases.

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The global automotive sensors market is driven by factors such as increased demand for ADAS applications, need for automotive sensors in electric power steering applications, and high adoption of wireless sensing in automotive sector. Though, increased cost pressure on OEMs could hamper the market growth. Furthermore, adoption of advanced technologies could create market scope in coming years.

The major bifurcations considered in the global automotive sensors market are type, component, and geography. Type segment is categorized into motion sensor, gas sensor, pressure sensor, MEMS sensor, and temperature sensor. Component is further segmented as chassis, safety and security, body electronics, and powertrain.

Based on geographical analysis, automotive sensors market is classified into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers UK, Germany, France, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, and others. While, Rest of the world covers South America, Middle East, and Africa.

The major key players in the global automotive sensors market are Analog Devices, Inc., Robert Bosch GmbH, Sensata Technologies, Inc., Delphi Automotive PLC, Continental AG, Hitachi Appliances Inc., DENSO Corporation, Autoliv Inc., Infineon Technologies AG, and STMicroelectronics, among others.

The key takeaways from the report:
The report will provide detailed analysis of Global Automotive Sensors Market with respect to major segments such as type, and component
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Automotive Sensors Market has been included in the report

Request For Full Report>>https://www.kennethresearch.com/sample-request-10325458

Profile of the key players in the Global Automotive Sensors Market will be provided, which include key financials, product & services, new developments and business strategies

Scope of the Global Automotive Sensors Market:
Type Segments
Motion Sensor
Gas Sensor
Pressure Sensor
MEMS Sensor
Temperature Sensor

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The MarketWatch News Department was not involved in the creation of this content.

New York, United States, Sat, 28 Nov 2020 00:01:54 / Comserve Inc. / — Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away from their usual frame.

Global Automotive Head-up Display Market is forecasted to reach $2,786 million by 2024; growing at a CAGR of 23.1% between 2016 and 2024. Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away from their usual frame. There are two types of HUD in automotive; windshield and combiner. Windshield projects images on display and it will reflect to the user. Combiner can be separated and retracted from the windshield.

Download Sample of This Strategic Report:https://www.kennethresearch.com/sample-request-10325589

HUDs are also widely adopted in aviation sector but now it’s been also used in automotive sector to enhance the security need and safety & comfort. HUDs will feature not only the speed and warning signals, but also display the navigation information or advanced driver assistance system (ADAS) data, which allows the user to access the critical points during their drive.

Growing disposable income globally, increasing knowledge about the HUD devices, and high demand for mid-sized cars & luxury cars are anticipated to fuel the growth of automotive HUD market. Moreover, mergers & acquisitions along with entry of new players and new product innovations are also likely to boost the market. However, downsizing of technology and high cost in R&D may hinder the growth of market.

The automotive head-up display market has been bifurcated into product type, application and geography. Product type is further segmented into Windshield HUD and Combiner HUD. Furthermore, application is segmented into premium cars, sports cars, luxury cars and others (low priced cars and other automobiles).

By geography, the automotive head-up display market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.

The key players of the market are Pioneer Corporation, Panasonic Corporation, Delphi Automotive, Nippon Seiki, Continental AG, Microvision Inc., Denso Corporation, Yazaki Corporation, Visteon Corporation, and BMW AG, among others

The key takeaways from the report:
The report will provide detailed analysis of Automotive Head-up Display Market with respect to major segments such as product type and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Automotive Head-up Display Market will be provided in the report
Profile of the key players in the Automotive Head-up Display Market, which include key financials, product & services, new developments

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DUBLIN, Nov. 25, 2020 /PRNewswire/ — The “Automotive Brake Pad – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering.

According to this report the Global Automotive Brake Pad market accounted for $11.00 billion in 2019 and is expected to reach $22.90 billion by 2027 growing at a CAGR of 9.6% during the forecast period. Growing presence of automotive players and increasing brake components and parts import are the major factors driving the market growth. However, a stringent government regulation for raw materials is restraining the market growth.

Brake pads are an integral part of the disc braking system for automotives. When the brake pedal is engaged, the brake pads press against the running disc in order to stop its motion and halt the vehicle. Brake pads are essentially made of materials that possess a high co-efficient of friction.

Based on vehicle, the passenger carrying vehicle (PCV) segment is likely to have a huge demand. The frequent launch of passenger vehicle models coupled with multiple offers provided by vehicle manufacturers to increase their sales are main driving factors for the segment. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rising vehicle sales along with growing disposable income of people from emerging economies such as China and India.

Some of the key players profiled in the Automotive Brake Pad Market include Akebono Brake Corporation, Allied Nippon, Brakes India Private Limited, Brakewel Automotive Components India Private Limited, Continental Automotive GmbH, Ford Motor Company, Hindustan Composites Limited, Hitachi Chemical, Hunan Boyun Automobile Brake Material Co Ltd, Nisshinbo Brake Inc, Power Stop LLC, Ranbro Brakes India Limited, Rane Brake Lining Limited, Robert Bosch GmBH, Sangsin Brakes, Tenneco Inc, Wilwood Engineering Inc and ZF Friedrichshafen AG.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Automotive Brake Pad Market, By Position
5.1 Introduction
5.2 Front & Rear
5.3 Front

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NEW YORK, Nov. 23, 2020 /PRNewswire/ — A new study by Persistence Market Research (PMR) on the global automotive active grille shutter market predicts a sluggish albeit upward growth trajectory on the back of growing concerns over rising emission levels from passenger, light, and heavy commercial vehicles.

With world fuel consumption continuously rising, demand for efficient automotive solutions increases at the same pace. Light-duty vehicles are often equipped with gasoline-powered spark ignition engine powertrains, and this makes them highly fuel-intensive. This brings the need for regular engine maintenance, which includes regulation of fuel burning, in turn, catalyzing the usage of active grille shutters.

Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/32159

Key Takeaways from Automotive Active Grille Shutter Market Study

  • Europe is likely to remain a dominant region in the global automotive active grille shutter market, owing to exhaustive implementation of emission standards.
  • Passenger vehicles to retain lucrativeness, attributed to rising ownership of high-end luxury cars.
  • Horizontal vane active grille shutters to capture substantial market share by type.
  • The COVID-19 pandemic is expected to decelerate expansion, owing to prevailing sluggishness due to automotive production shortfalls

 “Manufacturers are increasingly foraying into emerging economies, as passenger vehicle ownership rises amid surging disposable income, providing credible growth opportunities to potential vendors in the automotive active grille shutter market space,” says a PMR analyst.

Request for Customized Report: https://www.persistencemarketresearch.com/request-customization/32159

Demand to Surge in Wake of Improved Aerodynamic Performance

Demand for automotive active grille shutters is increasing due to automotive ownership rising across the world. In the year 2019, sales of automotive across the world were more than 65 million vehicles. This has led to a simultaneous increase in the usage of automotive assembly parts such as active grille shutters. These shutters offer excellent aerodynamic performance.

Active grill shutters typically offer up reduction in vehicular weight and improvement in aerodynamic performance. Most luxury car companies equip their vehicles with the most advanced active grille shutters, which aid in the regulation of airflow so as to manage connective heat transfer.

Request for Full Report Access:  https://www.persistencemarketresearch.com/checkout/32159

Automotive Active Grille Shutter Market: Competitive Landscape

As per PMR’s analysis, the global automotive active grille shutter market is characterized by the presence of players such as Broze Fahrzeugteile GmbH, Johnson Electric Holding Ltd., Mirror Controls International, Sonceboz SA, Rochling Automotive, Magna International Inc., SRG Global, HBPO, Shape Corporation, Valeo Inc., and Others. These players largely focus on new product offerings, strategic collaborations, joint ventures, acquisitions, and technological innovations.

·  In September 2020, Magna International announced the acquisition of a majority ownership of Honglizhixin (HLZX), a prominent automotive seat supplier to the Chinese automobile industry, with the intention of deepening seat distribution networks throughout Mainland China.

·  In 2017, SRG GlobalTM inaugurated a new innovation center in Taylor, Michigan, USA, for the purpose of augmenting existing research capacities. The facility is specifically designed for prototyping, experimentation, and testing of products.

Explore More Valuable Insights on Automotive Active Grille Shutter Market

Persistence Market Research, in its

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