Agnes Blogs @agnesblogs-blog - Tumblr Blog

5G Infrastructure Market New Business Opportunities and Investment Research Study During 2018-2026

5G is a key enabler for the futuristic digital world. It offers ultra-high broadband infrastructure, for application in various sectors such as healthcare, automotive, and manufacturing. Increasing number of connected devices plays a key role in growth of the 5G infrastructure market. According to Coherent Market Insights, the installed base of Internet of Things devices was 18 billion units in 2016 and is projected to reach 75 billion units by 2025. Integration of sensors in various applications such as automation, automotive, consumer electronics, healthcare, infrastructure maintenance, and smart metering and utilities in turn increases demand for robust and energy-efficient connectivity technologies such as 5G. 5G is a key enabler for Internet of Things by offering a platform to connect a number of devices to the internet.

Browse more about the research report @ https://www.coherentmarketinsights.com/ongoing-insight/5g-infrastructure-market-1343

Software-Defined Networking segment is projected to account for the dominant position in global 5G infrastructure market over the forecast period.

Software defined network segment accounted for a dominant position in the 5G infrastructure market and is expected to retain its dominance throughout the forecast period. Software defined network is known as intelligent network architecture, planned to minimize hardware constraints. 5G allows for various advance features high speed connectivity, large bandwidth etc. Providing 5G features through conventional networks becomes difficult as it does not support all the features. Therefore, it is not possible to provide effective control and network management in conventional networking. Hence, software defined networking is the only solution for controlling complex 5G networking.

North America held a dominant position in the global 5G Infrastructure market in 2020.

North America hold a dominant position in the market in 2020 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the major growth engines in the region. Government initiatives to improve the current infrastructure, is expected to aid in growth of the market. For example: according to Federal Communications Commission, in 2016, it opened nearly 11 GHz of high frequency spectrum for the use of mobile and fixed broadband applications, 3.85 GHz of licensed spectrum in the 27.5 – 28.35 GHz and 37 – 40 GHz bands, as well 7 GHz of unlicensed spectrum from the 64 – 71 GHz band. This in turn is expected to aid in growth of the market.

Request PDF Brochure for Sample Purpose @ https://www.coherentmarketinsights.com/insight/request-pdf/1343

Key Companies: Global 5G Infrastructure Market

Analog Devices, Inc. , Cavium, Cisco Systems, Inc., Ericsson, Fujitsu, Huawei Technologies Co., Ltd, Intel Corporation, LG Electronics Inc., MACOM Technology Solutions, MediaTek Inc., NEC Corporation , Qorvo, Qualcomm, Samsung, and VMware, Inc some of the major companies of 5G Infrastructure market.

Open Stack Services Market Competitive Intelligence and Tracking Report Till 2026

An open stack is an open source cloud platform, which is focused on free cloud computing services. It consists of software tools that help in managing the platform for the public and private clouds.

Open source platform is the major driving factor for growth of the global open stack services market

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1337

According to a recent market survey by Coherent Market Insights, more than 78 percent of enterprises operate on open source and less than 3 percent indicate that they don't rely on open software. Significant paradigm shift towards open-source software, owing to the requirement to gain competitive edge and enhance their operational productivity is expected to drive market growth. Some of the major technology players that include Amazon, Google, IBM, Facebook, Walmart, and The Linux Foundation have made substantial strategic developments towards these platforms. For instance, in February 2018, The Linux Foundation introduced Akraino Project, that aids carrier availability and performance requirements in cloud services.

Open source software doesn’t include additional charges and fees associated with proprietary software, such as administration fees, multi-user fees, and software upgrade costs, which reduces the business operating cost and budget. It also enables to allocate more money on beneficial enterprise services associated with open source services such as user training, support, and custom development.

Open source services (OSS) help the business in terms of financial saving, reducing operating costs, and enables the business to allocate their finance on the secondary activities that includes user training, support and custom development.

Demand for open source is increasing, as it is a proven essential tool for enterprise IT revolution, operational effectiveness, and business value formation. This in turn, is increasing growth of the open stack services market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/open-stack-services-market-1337

Increasing adoption of open sources among IT enterprises to improve key business functions, especially financial management and accounting is the major factor boosting growth of the market. However, high initial cost of implementation and lack of skilled workforce are the major restraining factor for growth of the global open stack service market.

Global Open Stack Services Market Outlook – North America held the largest share in the global open stack services market in 2016.

North America region held a dominant industry position and is estimated to retain its dominance over the forecast period, owing to increasing adoption of advanced technologies, such as cloud computing, Big Data, Internet of Technology (IoT), and business intelligence tools by the organizations, which in turn is reducing the business cost and increasing the productivity and profitability. According to the Coherent Market Insights, the cloud application market in the U.S. accounted for US$ 19.93 billion in 2017, which in turn expanded the U.S. economy by 2.3%, which is higher than 1.5% in 2016.

Key Companies in Global Open Stack Services Market

Technology-driven trends are expected to revolutionize the industry players respond to fluctuating consumer behavior, improve partnerships, and drive transformational variation. Digitization, increasing automation, and new business models have changed the IT industries. Major players operating in the global open stack services market include Canonical (U.K.), Cisco Systems Ltd. (U.S.), Dell EMC Corporation (U.S.), Helion Open Stack Corporation (U.S.), Huawei Technologies Corporation Ltd(China), IBM Cloud Manager (U.S.), Mirantis Open Stack (U.S.), Oracle Corporation (U.S.), Rack-space (U.S.), Red Hat Open Stack(U.S.), SUSE (Germany), and Vmware

Open Source Services Market to Witness Enhanced Growth in Upcoming Years

Open source service is a program in which data (source code) is open and made available to users. It permits users to change, study, and distribute the open data for any purpose. Open source services are provided by a software application running online and providing facilities over the internet. Open source services are used for cloud management, business process management, web content management, data integration, and project management, among others. Open source cloud computing offers a high compatibility with a range of products such as Cloudify and Cloud Foundry. Moreover, it can also be used in software development tools and software modelling tools.

Request PDF Brochure for Sample Purpose @ https://www.coherentmarketinsights.com/insight/request-pdf/1303

Major factors driving growth of the open source services market include increasing number open source foundations and the expansion in open source licensing choices. Software such as Blender (3D modeling software), LibreCAD (2D CAD software), and SimPy automatically benefit from copyright protection, providing the developer control over permission to make copies of the derivatives. Open source services provide companies the benefit of cost-effectiveness, and enhanced security and quality. Open source software do not include charges such as multi-user fees, administration fees, and upgrading costs. Adoption of open source services is increasing, as it supports financial savings of businesses by reducing operating costs and budgets, as well as enables allocation of more finances on beneficial enterprise services associated with OSS, including user training, support, and custom development. Demand for open source is increasing, as it is a proven essential tool for enterprise IT revolution, operational effectiveness, and business value formation. This in turn, is increasing growth of the open source services market.

Building an application from open-source software (OSS) components requires more of integration work such as data management, data synchronization, load balancing, automatic failover, collaboration tools etc. Major challenges faced by the open source services include architectural and operational complexities. For instance, organizations must deal with new software source which include commercial and non-commercial suppliers. Such compliance norms act as a major hurdle for initiating the modern process.

Global Open Source Services Market: Regional Insights

The open source service market is segmented on the basis of region, into North America, Asia Pacific (APAC), Latin America, Europe, Middle East, and Africa. North America is estimated to hold the largest market share in 2017, and the region is expected to retain its dominance throughout the forecast period. The U.S. being an early adopter of open source services, it is the leading country in the market with several enterprises such as HPE, Cisco Systems, Inc., and Red Hat working with several open source management projects to enhance enterprise capabilities. For example, in October 2017, Red Hat partnered with Alibaba Cloud to strengthen its customer base by building global cloud customers. In June 2017, Red Hat introduced industry’s first production-ready fully open source Red Hat HCI solution. Increasing adoption of big data and automation by various companies is expected to drive growth of the market in this region. In Latin America, companies such as KIO networks (Mexico), are adopting cloud-based open services to improve its operational productivity and efficiency.

Read detail market study @ https://www.coherentmarketinsights.com/ongoing-insight/global-open-source-services-market-1303

Open Source Services Market: Competitive Background

The open source services market comprises major players such as Red Hat, Inc. (U.S.), Accenture PLC (Ireland), Asysco, Bell Integrator, Inc., Capgemini SE, Cognizant, Fujitsu Ltd, Wipro Ltd. (India), IBM Corporation (U.S.), Infosys (India), Macrosoft Inc. , Micro Focus International plc., Tech Mahindra, UST Global, Cisco Systems, Inc. (U.S.), Atos Information Technology Incorporated (France), HCL Technologies Ltd (India), HPE (U.S.), and Oracle Corporation (U.S.).

GaN Power Device Market Segmentation by Revenue, Present & Future Scenario To 2026

Gallium nitride (GaN) compound is a hard semiconductor material featuring a wide band gap (energy gap) of 3.4 electronvolts (eV) with high heat capacity and thermal conductivity. GaN finds significant applications in power devices used in electrical energy control systems and conversions including telecommunication, industrial, automotive, and high RF antennas and radar in aerospace and defense technologies are expected to provide opportunities for growth of the GaN market over the forecast period.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1221

High energy efficiency loss in power devices is primarily attributed to conduction losses due to high device resistance and switching transitions. GaN materials prevent such energy loss, as they are featured with high breakdown voltage and low conduction resistance, in turn enabling high-speed switching operations. GaN thus is used to ensure high efficiency of operations in electrical systems. Moreover, low conduction resistance of GaN, allows the material compound to sustain high energy application in compact sizes, enabling higher miniaturization of the circuits. These significant benefits of GaN over other alternatives such as silicon transistors that feature relatively larger chip area to enhance their conductivity, are expected to fuel the overall GaN power device market.

Substantial growth of end-use verticals is expected to boost market growth

Advancements in technology related to GaN power devices are enhancing the computational power of all systems, in turn boosting market growth. For instance, in December 2017, Yuji Zhao, an electrical and computer expert from Arizona State University received a three year grant of US$ 750,000 from National Aeronautics and Space Administration’s (NASA) Hot Operating Temperature Technology (HOTTech) program for the gallium nitride processor for applications in space. In January 2018, Corsair introduced Corsair AX1600i featuring off-the shelf efficiency, ripple suppression, noise levels, voltage regulation, and highly compact power supply unit. These two instances of technological developments are primarily based on the utilization of Gallium Nitride based materials. replacing Silicon transistors as prominently used material in the switching devices.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/market-insight/gan-power-device-market-1221

The recent past has witness high proliferation of electric vehicles and increasing adoption of electrical and electronic components in internal combustion engines for enhanced and convenient control among users. According to Coherent Market Insights, vehicle electrification technologies are expected to witness a CAGR of over 8.8% over the forecast period and be valued at over US$ 120 billion by 2025. Increasing adoption of autonomous vehicles is expected to increase the demand for efficient communication systems featuring high frequency bandwidth and robust operations. This in turn, is expected to fuel growth of the market for GaN power devices in the near future.

High cost of systems featuring integration of gallium nitride components due to capital intensive nature of materials and manufacturing procedures is expected to hamper growth of the market. Moreover, GaAs components are widely used in small signal Monolithic Microwave Integrated Circuit (MMIC) and low noise amplifier (LNA). Application of gallium nitride semiconductor is projected to become mainstream component, though it will require considerable time owing to the cost factor and thus, is among the prominent growth challenges.

Asia Pacific accounts for the largest population base and is also the largest market for key end-use industries, in turn, contributing to the largest consumer base of GaN power devices. According to Coherent Market Insights’ analysis, China and India contribute to around 35% of the global population base. Moreover, largest consumer base for automotive, consumer electronics, communication, and industrial manufacturing will provide the strongest growth prospects over the forecast period.

Competitive Background

Some of the key players in the GaN power devices market are Cree Inc., Efficient Power Conversion (EPC) Corporation, Infineon Technologies, GaN Systems Inc., Macom, Microsemi Corporation, Mitsubishi Electric Corporation, Navitas Semiconductor, Qorvo, Inc., and Toshiba Electronic Devices & Storage Corporation.

Workflow Management System Market by Products, End User, Global Forecast to 2026

Workflow management system is a software designed to facilitate the setting up, execution and monitoring of workflow in an organization. A workflow is a sequence or chain of processes that can be operational, industrial or administrative wherein a work passes through from start to execution to completion. Due to various advantages such as reduced manual labor, improved accountability, streamlined processes, shortened project durations have uplifted the market in various industries.

For sample copy, download PDF @ https://www.coherentmarketinsights.com/insight/request-pdf/1370

Streaming the business process and cost efficiency are among the major driving factor for the growth of the workflow management system market.

The aim of streamlining business processes is to increase an organization’s efficiency in terms of simplifying tasks, avoiding unnecessary steps and reducing waste. Workflow tools are used for streamlining business processes. Through streamlined data analysis, better processes can be put in place to take advantage of workflows that help bring all stakeholders together, through various devices, across diverse networks, and traversing different locations and are possible perform instantly. Hence, due to increasing demand for streamline business processes have fuelled growth of the market globally.

The cloud deployment type is estimated to witness the highest demand as Cloud-based helps in cutting down the cost as compared to on-premises software deployment. For instance, WorkflowMax, a cloud-based workflow system, estimates that the company saves an average of 628 hours of time and US$ 22,000 every year for its customers. Moreover, cloud-based workflow management system software also helps the customers to maintain flexibility, as well as enjoy real-time access to data irrespective of the location of the employees.

Workflow Management System Market: Regional Insights

On the basis of geography, global workflow management market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to be the largest share in the global workflow management system market over the forecast period. This is mainly due to high adoption of cloud-based solution and services particularly in the U.S. and Canada, which in turn increases cloud traffic. According to Coherent Market Insights analysis, in 2015, cloud traffic in North America was pegged at 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020. As the cloud has revolutionized workflow management, these exciting technologies are continually evolving, are more accessible, and are becoming increasingly adopted by almost every verticals. Cloud-based applications have allowed organizations to become far more agile in their response to new opportunities for efficiency, productivity and service delivery. Hence, increase in cloud traffic will positively impact on the growth of workflow management in this particular region.

Browse more about the research report @ https://www.coherentmarketinsights.com/ongoing-insight/work-flow-management-system-market-1370

Global Workflow Management System: Competitive Background

Major players operating in the global workflow management system include Appian, Bizagi, IBM Corporation, Newgen Software Technologies Ltd. Nintex Global Limited, Oracle Corporation, Pegasystem Inc., Software AG, Source code Technology Holdings Inc., and Xerox Corporation. For instance, in July 2017, Appian announced its partnership with Blue Prism. This provides a digital transformation platform that helps the enterprise for application integration along with legacy IT systems, as well as automate repetitive work. This partnership will help the Appian to remain the dominant player in the workflow management system market.

Automotive Heat Exchanger Market, By Region, Application, Technology, Specifications to 2026

A heat exchanger is a device designed to efficiently exchange the heat from one medium to another at different temperatures. Heat exchangers such as SIGMA plate and aluminum heat exchangers used in the automotive industry benefits the vehicles by cooling the machine coolants and performing motor test stands, among others. In addition to this, heat exchangers provide high performance, expanded productivity which positively influences the growth of the global automotive heat exchanger market.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1360

Increasing demand for turbochargers is a major factor driving growth of automotive heat exchanger market

The increasing demand for the turbochargers in automated vehicles is a major driver for the automotive heat exchanger market. Using turbochargers in the vehicle enables enhanced high altitude performance, reduced emissions, and reduced fuel consumptions, among others. For instance, according to the Natural Resources Canada (NRC) a turbocharged engine can reduce the fuel consumption and emissions by 2% to 6% compared to the conventional engine. Therefore, increasing the demand for turbochargers in the automated vehicles would positively impact for propelling the growth of automotive heat exchanger market.

Electric vehicles segment to hold the largest share in the market

The electric vehicles segment held the largest share in 2016 and is projected to retain its dominance throughout the forecast period. The various heat exchangers such as liquid cooled plate, plate-to-plate are used in the electric vehicles for cooling and improving the battery life. Increasing number of electric vehicles will directly impact the automotive heat exchanger market. For instance, according to the International Energy Agency (IEA) analysis, in 2016, the sales of electric cars was pegged at 750 thousand, globally. This positions the segment as the dominant segment in the market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-heat-exchanger-market-1360

Automotive Heat Exchanger Market: Regional Analysis

Asia Pacific is expected to have the largest market share in the automotive heat exchanger market. This is attributed to the increasing demand for the turbochargers and increase in number of electric vehicles especially in the China. For instance, according to Coherent Market Insights analysis, China, the world’s fastest-growing automotive market, is expected to increase turbo penetration from 23% in 2014 to 41% in 2019. This would double the number of turbocharged vehicles sold each year to over 13.01 million. In addition to this, according to the International Energy Agency, in 2016, China held the largest share in the electric car market, accounting for over 40% of the global electric cars sold in the country. This in turn increases demand for automotive heat exchangers in the country.

Automotive Heat Exchanger Market: Competitive Background

The major players in the market include Denso, Valeo, Clizen, GEA Group, MAHLE, G&M Radiator, Gunter GmbH & Co. KG, Alfa Laval AB, American Industrial Heat Transfer Inc., AKG Thermal Systems, Inc., G&M Radiator, Constellium N.V., SGL Carbon Technic LLC, Visteon, and Wuxi Guanyun Heat Exchanger.

Automotive Airbag Market To Grow at the Highest CAGR During the Forecast Period 2018-2026

Airbag is a safety device used in vehicles. Airbag is a flexible fabric bag, which is designed to protect driver and other passengers in a car in case of a crash or an accident. When a collision is detected, airbag inflates in few milliseconds and forms a barrier between the driver, the steering wheel, front glass, and other parts of the vehicle. Thus, it can protect passengers from severe injuries.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1348

Rising number of road accidents is major factor, boosting growth of the market

Increasing number of road accidents and rising safety concerns are major factors expected to drive growth of the global automotive airbag marker over the forecast period. According to World Health Organization (WHO), in January 2018, around 1.3 million road accidents occur every year globally, of which, about 93% road traffic death occurs in emerging economies. Therefore, governments of various countries are implementing stringent standards and regulations for safety to reduce fatalities and limit injuries due to accidents, by mandating installation of airbags in vehicles. For instance, from October 2017, in India, Ministry of Road Transport and Highways has made airbags mandatory, in all new car models and for clearance of frontal and side crash tests along with pedestrian protection tests. These factors are expected to propel demand for automotive airbags over the forecast period.

However, airbags inflate only once and therefore, after initial collision, it becomes ineffective to protect passengers from further impact. Furthermore, these are relatively expensive, hence installation of airbag every time it becomes ineffective, is not affordable. These factors are expected to hinder growth of the market.

Browse More @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-airbag-market-1348

Automotive Airbag Market: Regional Insights

The global automotive airbag market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. North America accounted for largest share in the global automotive airbag market in 2016. This growth is attributed to implementation of stringent regulation by governments for passenger safety. For instance, The US Highway Safety Act of 1991 mandates use of airbags and ABS features in all passenger cars. The United States New Car Assessment Program (US NCAP) rates vehicles for safety in order to improve safety features in the vehicles and passenger safety. This is expected to in turn, increase installation of safety features such as airbags in vehicles, which propel growth of the automotive airbags systems market.

Automotive Airbag Market: Competitive Background

Major players operating in the global automotive airbag market are Autoliv, Inc., Robert Bosch GMBH, Continental AG, Delphi Automotive PLC, Denso Corporation, Takata Corporation, Toyoda Gosei Co., Ltd., Nihon Plast Co. Ltd., Hyundai Mobis Co., Ltd., and Key Safety Systems Inc.

Cloud Encryption Market Outlook, Sales Revenue, Strategy to 2026

Cloud encryption is the service offered by cloud storage providers for encrypting data before storing on the cloud. Encryption is one of the most effective approaches towards data security, scrambling content of any system, database, and file in such a way that it is not possible to decode without a decryption key. Thus, encrypting the data is an essential for data security, and is a major factor propelling growth of the market. Increasing cloud traffic is another major driver for growth of the cloud encryption market. For instance, according to Coherent Market Insights, global cloud IP traffic is expected to reach 14 ZB by the end of 2020, up from 4 ZB per year in 2015.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1344

Increasing concerns related to data security is among the major driving factors for growth of the market

Companies and organizations are increasingly adopting cloud encryption techniques for protecting their sensitive information from threats such as data breaches, unauthorized use of data by third party, and malware. For instance: According to CMI survey, in 2017, 98 % of the companies are have experienced the malware attacks, 69% of the companies have experienced the phishing and social engineering attacks. Thus, encryption techniques such as cryptography and steganography are being used for increasing data security, which in turn, is help in reducing data breaches sue to cyber-attacks. This is further expected to aid in growth of the market over the forecast period.

Cloud Encryption Market: Regional Insights

On the basis of geography, global cloud encryption market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for cloud encryption in North America is expected to account for the largest share in the global market over the forecast period. The U.S. held the dominant position in North America cloud encryption market in 2016.

The U.S. and Canada are major growth engines in North America. Organizations in North America are focusing on their shifting business workload to cloud environment and this is one of major driving factors for growth of the cloud encryption market. For instance, in 2016, North America accounted for around 42% of the cloud data center workload, globally.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/cloud-encryption-market-1344

As these businesses to shift their workload to cloud, demand for encryption techniques for managing the sensitive data increases, in order to protect the data from cyber threats. Therefore, this is expected to aid in growth of the market. Moreover, increasing cloud traffic in North America is also another major factor for growth of the market. According to the Coherent Market Insights analysis, in 2015, the cloud traffic was 1891 EB (Exabyte) and is estimated to reach 6844EB (Exabyte) by 2020.

Cloud Encryption Market: Competitive Background

Major players operating in the cloud encryption market are Cipher Cloud Inc. (U.S.), Hytrust Inc. (U.S.), Gemalto N.V. (the Netherlands), IBM Corporation (U.S.), Secomba GmbH (Germany), Sky-high Networks Inc. (U.S.)., Sophos Group Plc. (U.K.), Vormetric (U.S.), Boxcyrptor (U.S.), Viivo, Wave System, Symantec Corporation (U.S.), and Thales e-Security Corporation (France).

Off-road Vehicles Market Predicts Rise in Demand by 2026

Off-road vehicles are vehicles, which run on and off the road surface, usually over rough terrain. These vehicles are categorised on the basis of specifications of tyre and suspension. Factors such as high ground clearance, skid plates, approach departure, and breakover allows these vehicles to ply on unpaved roads with low and rough traction surfaces. It includes both two-wheelers and four-wheelers such as SUVs.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1384

Major factor driving growth of the market are increasing adoption of off-road vehicles in military and agriculture operations. Off-road trucks are used in military operations to transport cargo, fuels, ammunition etc. These vehicles are also used for transportation of heavy loaded weapons during wars. Utility off-road vehicles are used in agricultural operations such as crop plotting and scouting, for picking rocks, for irrigation purpose etc. These type of vehicles perform farm work efficiently thus, reducing the labor costs associated with these tasks. Moreover, advanced technologies such as GPS on these vehicles, for creating field boundaries and marking field lines, allows to reduce soil compaction and save planting time by marking the lines. Thus, increasing adoption of utility vehicles in agriculture is expected to positively impact growth of the off-road vehicle market.

Global Off-road Vehicles Market: Regional Insights

North America is expected to hold the largest market share in global off-road vehicles market in over the forecast period. According to the Coherent Market Insights analysis, U.S. accounted for over 50% of the global off-road vehicles sales in 2016. Moreover, high presence of automotive parts providers in the region such as Visteon Corporation, Borgwarner Inc., and Lear Corporation is expected to positively impact growth of the market in this region. Additionally, increasing number of sport events such as mountain racing, dirt racing, and all terrain racing, organized in the region is expected to further boost demand for off-road vehicles. Canadian Council of Snowmobile Organizations and North American Council of Snowmobiles Associations conducts sports events every year, which also has a positive impacts on the growth of the off-road vehicles market in this region.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/off-road-vehicles-market-1384

Global Off-road Vehicles Market: Competitive Background

Key players in the global off-road vehicles market are Polaris Industries, Inc., Yahama Motor co., Ltd., Honda Motor Co., Ltd., Kawasaki Motor Co., Kubota Corporation, BRP Inc., Arctic Cat Inc., Deere and Company, Mahindra and Mahindra, Ford Motor Company, Volkswagen AG, and Land Rover.

Automotive Pedestrian Protection Systems (PPS) Market to Perceive Substantial Growth During 2018 to 2026

The global automotive pedestrian protection system market was valued at US$ 992.8 Mn in 2016 and is expected to increase to US$ 4,994.0 Mn by 2025, registering a CAGR of 19.95% over the forecast period. Pedestrian protection systems (PPS) offers safe and cost-effective solutions for the protection of pedestrians. Also, it fulfils the legal requirements necessary for automotive pedestrian protection on vehicles. The system consists of sensors in the front part of the vehicle and an electronic control unit (ECU), which triggers actuators that can lift the engine hood within a fraction of a second. This provides a safe buffer for the pedestrian's head in the incidence of an accident.

Download PDF Brochure of this Report @ https://www.coherentmarketinsights.com/insight/request-pdf/1380

Increasing inclination of consumers towards safe, comfortable, and convenient automobile systems is driving growth of the market. Furthermore, high prevalence of road accidents is fueling growth of the market. Therefore, such factors are propelling demand for stringent regulations by government regarding Antilock Braking Systems (ABS), Advanced Driver Assistance Systems (ADAS), Electronic Brake-Force Distribution (EBD), Tire Pressure Management Systems (TPMS), and airbags across the globe to enhance user safety. For instance, in 2008, the U.S. Congress Transport Recall Enhancement, Accountability and Documentation (TREAD) Act mandated the deployment of tire pressure monitoring system (TPMS) technology in all passenger vehicles to enhance driver and passenger safety by means of a dashboard warning system.

Moreover, according to the TREAD Act, in November 2012, the European Union mandated tire pressure monitoring system (TPMS) in passenger car model. Also, the U.S. Highway Safety Act of 1991 made airbags and Anti-Lock Braking System (ABS) features mandatory in all passenger cars. Embedded technology in the systems provides efficient operation and improved safety, which is expected to fuel growth of the automotive pedestrian protection systems market.

Advancement in radar system is one of the major drivers for growth of the global automotive pedestrian protection systems market. Radars are necessary in advanced autonomous driving system. It provides warning to the driver regarding potential collisions and can be used to avoid blind spot crashes. Radar sensors are responsible for collecting vital information such as range, angle, and Doppler velocity. This information is used to determine the driving situation and give warning to the driver in potentially dangerous situations.

However, high cost for implementing safety features for pedestrian protection is restraining growth of the market. For instance, airbags have some limitations such as it inflates just once on impact, after which it needs to be replaced. Moreover, it is expensive and hence, the requirement for installation of airbag every time will be cost nominal.

Browse More @ https://www.coherentmarketinsights.com/market-insight/automotive-pedestrian-protection-systems-pps-market-1380

North America accounted for the largest market share in 2016

On the basis of geography, global automotive pedestrian protection system market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. Automotive pedestrian protection system market in North America region held the dominant position in 2016 and is expected to retain its dominance over the forecast period. The automotive pedestrian protection system market in this region is projected to reach US$ 1,997.3 million by 2025. Stringency of the regulatory bodies towards reducing the carbon footprint and emissions, and prevention of road accidents are the factors propelling growth of regional automotive pedestrian protection. For instance, Corporate Average Fuel Economy (CAFÉ) Standards in the U.S. is propagating adoption of energy efficient automotive by formulating regulations for reduction of petroleum consumption and enhancing utilization of alternative fuel vehicles such as hybrid vehicles. It also focused on reducing greenhouse gas emissions and promoting development of innovative technologies to increase their reliance on renewable and conservation of energy sources. This in turn creates a highly conducive environment for growth of the global automotive pedestrian protection system market.

In 2016, the U.S. Department of Transportation's National Highway Traffic Safety Administration officially announced that automakers in the U.S. have to include the autonomous emergency braking system as a standard feature for all cars and trucks by 2022.

Key companies

Major players operating in the global automotive pedestrian protection systems market include Audi AG, Volvo Car Corporation, Continental AG, Robert Bosch GmbH, Toyota Motor Corporation, ZF Friedrichshafen AG, Autoliv Inc., Mobileye N.V., Subaru Corporation, Valeo, Honda Motor Co., Ltd., General Motors, Ford Motor Company, Daimler AG, Denso Corporation, Nissan Motor Corporation, BMW AG, and Magneti Marelli SpA.

Automotive Lighting Market to Receive Overwhelming Hike in Revenues by 2026

The automotive sector is one of the most prominent and largest contributing industries towards growth in GDP of some of the largest and fastest growing economies. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), the automotive sales increase by more than 30% annually. In 2016, sales of automotive vehicles was 93.9 million units from 89.7 million units in 2015 worldwide. Increasing sales of automotive vehicles is driving growth of the automotive lighting market. The lighting provides illumination for the driver and also helps other drivers and pedestrians on the road to detect the position of vehicle. Furthermore, lighting systems adds to aesthetics of the vehicle, both externally and internally.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1378

Implementation of new technologies in lighting is the one of the key factor propelling growth of the market.

Increasing implementation of new lighting technologies in automotive industry plays a major role for the growth of the automotive lighting market. Light emitting diode (LEDs), Organic light emitting diode (OLEDs), and Adaptive Front-lighting System (AFS) are some of the new lighting technologies, which are boosting the growth of automotive lighting market This technology helps in improving the driver visibility, which results in increasing road traffic safety and helps to reduce the collision. Furthermore, various advantages such as long life, energy efficiency, and less heat generation is fuelling growth of the automotive lighting industry.

In vehicle type, passenger vehicles segment held dominant position in the global automotive lighting system market in 2016, owing increasing sales of passenger cars, which in turn is driving growth of the market. For instance, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA) analysis, in 2016, around 69.5 million unit of passenger cars were sold worldwide from 66.4 million units in 2015.

Global Automotive Lighting Market Outlook – Asia Pacific holds largest market share in the global automotive lighting market.

On the basis of geography, a global automotive lighting market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2016, Asia Pacific held a dominant position in the market and is estimated to retain its dominance throughout the forecast period. India, china, Japan are some of the major economies, which are fuelling growth of the market in this region. India and China are the fastest emerging economies in the Asia-Pacific region, shows the ample growth opportunities towards the development of advanced lighting sources in the automotive industry. Moreover, the substantial growth in the automotive production in countries such as India and China is also contributing in the growth of the market in the region. In fact, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA) analysis, in 2016, around 24.37 million units of passenger cars were sold in china up from 21.21 million units in 2015. Moreover, 2.967 million units and 4.15 million units of passenger cars were sold in India and Japan, respectively in 2016.

Browse More @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-lighting-market-1378

Key Companies in Global Automotive Lighting Market

The global automotive lighting system market is a highly fragmented with presence of many global and local vendors. Major players operating in the global automotive lighting market include General Electric, Magneti Marelli S.P.A, Koito Manufacturing Co. Ltd, Valeo, Hella KGaA Hueck & Co., Stanley Electric Co., Ltd., Ichikoh Industries Ltd., Osram GmbH, Lumax Industries Zizala Lichtsysteme GmbH, and Koninklijke Philips N.

Crowd Analytics Market is Growing Exponentially in Order to Gain More Demand by 2026

Crowd analysis is interpretation of information obtained by examining the natural actions of objects or groups of people. It collects and aggregates information related to the people and their everyday lives. Managing and understanding the activities of crowd is very challenging in various sectors such as logistics for smart hub organization, security in big public events, and operational productivities for retail networks.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1375

Crowd analytics solutions include various modeling and statistical capabilities, such as behavioral model, microscopic model, conflict estimation, and complex network analysis. Furthermore, crowd analytics includes real-time deep video analytics, which allows for deeper understanding of the inclination of the populace and gauging ongoing trends, based on popularity of certain genres of video streams and interactions on social media platforms. Crowd analytics can utilize important information from multiple sources to manage, monitor, and predict the movement of large crowd in an effective and efficient way.

Increasing demand for crowd analytics in retail industry is major factor driving growth of the market

Increasing demand for insights of the consumer behavior and real time market intelligence to strategize the business in achieving the long term sustainability is major factor, which increased the demand for crowd analytics in consumer packaged goods and retail segment. Adoption of crowd analytics services and solutions in the retail segment allows for effective demand prediction, identifying and targeting relevant customers. Furthermore, various organizations such as Nokia, Huawei and Walkbase, and Fast shop (a Brazilian retailer) are launching the various crowd analytics services. For instance, Huawei, a leading ICT solutions provider and Walkbase, IoT analytics platform provider announced a crowd analytics and marketing solution in 2016, which will provide crowd analytics services to retailers to accordingly enhance the customer experiences.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/crowd-analytics-market-1375

Global Crowd Analytics Market: Regional Insights

North America is expected to have the largest market share in the crowd analytics market over the forecast period, owing to increasing demand for the security concerns and the need for the intelligent video systems, which is one of the major drivers for growth of the crowd analytics market in this region. Most of the economies such as U.S. and Canada have invested on improving security and safety measures at the public places such retail malls, airports, railway stations, bus stands, and others to prevent suspicious acts and troublesome incidents. This have increased the need for intelligent video systems, which are propelling growth of crowd analytics market. According to National priorities project organization, 2015, the U.S. government funded US$ 598.5 billion for defense and security purpose.

Global Crowd Analytics Market: Competitive Background

Major players operating in crowd analytics market include Nokia Corporation, AGT International (Switzerland), NEC Corporation, Sightcorp, Walkbase, Spigit, Inc. (U.S.), Wavestore, Savannah Simulations AG, CrowdANALYTIX, Inc., Securion Systems, and Sightcorp.

Aircraft Communication Systems Market Applications, Types and Market Analysis to 2026

Aircraft communication systems are used in the transmission of a messages between the aircraft and ground stations by using satellites and air band radios. It is the collection of individual communication networks, transmission systems, data terminal equipment (DTE), relay stations, and tributary stations. Furthermore, it also benefits in improving the communication between the ATCOs (Air Traffic Controllers) and aircraft pilots. In order to make any decisions regarding the avionics, an accurate information is a necessity with an aviation management, to implement the best possible ways of remedying the communication problems. Therefore, this is expected to positively affect growth of the aircraft communication system market.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1475

Increasing demand for satellite-based navigation system is the major factor driving growth of the global aircraft communication system market

Using satellite-based navigation systems in the aircraft communication, aids in reducing the flight time and reduces difficulties in the air traffic. Furthermore, it also reduces the altitude loss while crossing tracks, reduces delays, and offers quick direct routings, which increases the operational efficiency. Moreover, shifting of aircraft communication system from ground-based navigation surveillance to satellite based navigation surveillance is expected to positively impact the market growth.

High costs for development of aircraft communication system is a major factor hampering growth of the market

High costs associated with development of different aircraft communication systems is a major factor restraining the market growth. Additionally, high initial installation cost of advanced technologies is another factor hindering growth of the market across the globe. For instance, using commercial off-the-shelf or COTS technology in aircraft communication could lead to high investments.

Increasing use of the Commercial Off-The-Shelf (COTS) technology in aircraft communication system is expected to be the major growth factor for the market

The COTS is an advanced communication system, which aids in improving safety of aircraft during their operation. This system is also used for monitoring and controlling operation with another aircraft or ground stations, which helps in increasing the safety of passengers and also minimize aircraft accidents. However, COTS has also fulfilled the DO-254 safety standard, by Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA). Hence, the benefits of COTS is expected to positively aid in growth of the aircraft communications system market.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/aircraft-communication-systems-market-1475

Global Aircraft Communication System Market: Regional Insights

On basis of geography, the global aircraft communication system market is segmented into North America, Europe, Asia Pacifica, Latin America, Middle East, and Africa. North America is expected to exhibit highest growth in aircraft communication system market over the forecast period. The U.S. and Canada are the major growth engines in North America. The growth in this market is attributed to high presence of aerospace industry leaders across the region such as Boeing, Rockwell Collins, Inc. and Honeywell International Inc. (commercial avionics suppliers), which is positively affecting the market growth. Moreover, these manufacturers have adopted advanced communication systems in its products. For instance, Honeywell’s Versatile Integrated Avionics (VIA) is a general purpose processor developed for commercial airline market. Moreover, aircrafts of key players using the aircraft communication systems include Boeing 777 Passenger, Boeing 737 Passenger, Boeing 757 Passenger, Boeing (Douglas) MD-80, and Airbus A318/319/320/321 among others.

Similarly, Asia Pacific is expected to witness the fastest growth in aircraft communication system market. This is owing to increasing demand for aircrafts, which is leading to rising air passenger traffic. For instance, Airbus is expected to deliver 14,280 units of aircrafts in Asia Pacific within 2017 to 2036, which is 41% of the global demand. This is expected to aid in growth of the market in Asia Pacific over the forecast period.

Global Aircraft Communication System Market: Competitive Background

Major players operating in the aircraft communication system market are Rockwell Collins, Inc., Northrop Grumman Corporation, Raytheon, Thales Group, Honeywell international Inc., and the manufacturers of different types of aircraft communication systems are Harris Corporation, Cobham Plc., General Dynamics Corporation, L3 Technologies, and Iridium.

Spark Plug and Glow Plug Market Size, Share, Emerging Trends, Analysis and Forecasts to 2026

A spark plug is an electronic device, which was integrated with cylinder head in the vehicle engine that produces electric spark to burn petrol. Similarly, a glow plug is an electrically heating device, which is integrated on the cylinder head of the diesel engine, which helps to start the diesel engine in a cold condition. Increasing vehicle sales is one of the major factors for growth of the spark plug and glow plug market. According to International Organization of Motor Vehicle Manufacturers, in 2017, the sales of vehicles or registration of new vehicles was 96,804,390 units up from 93,905,634 units in 2016. According to Coherent Market Insights’ analysis, the sales or registration of new vehicles is expected to reach 141,303,730 units by 2025.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1474

Spark plug segment held the dominant position in 2017

The spark plug segment held the dominant position in the global market and is projected to retain its dominance throughout the forecast period. In 2017, the spark plug segment was valued at US$ 2414.3 million and is expected to reach US$ 3801.3 million by 2025 with a CAGR of 5.8% over the forecast period. Increasing sales of passenger cars that run on gasoline is one of the major factors expected to aid in growth of the market over the forecast period. According to International Organization of Motor Vehicle Manufacturers, the sales of passenger vehicles was 70,849,466 units in 2016 up from 69,506,882 units in 2015.

Asia pacific held the dominant position in spark plug and glow plug market in 2017

On the basis of geography, the spark plug and glow plug market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. In 2017, the Asia Pacific market was valued at US$ 1542.6 million and is expected to reach US$ 2679.2 million by 2025 with a CAGR of 7.1%. India, China, Japan and South Korea are some of the major countries in the spark plugs market in this region. High sales of passenger cars in the region is one of the major factors for the growth of the spark plug market in this region.

Explore market research @ https://www.coherentmarketinsights.com/market-insight/spark-plug-and-glow-plug-market-1474

For instance, according to International Organization of Motor Vehicle Manufacturers, in 2017, the new sales or registration of new passenger car in China was 24,961,948 units up from 24,376,902 units in 2016. Similarly, in 2017, the new passenger car sales or registration in India, Japan, and South Korea was 3,227,701 units, 4,391,100 units and 1,495,468 units, respectively. This is expected to be one of the major driving factors for growth of the market in Asia Pacific. In addition to this, advancement in technology in spark plug and glow plug such as pressure sensor glow plugs for diesel engines is also expected to support in growth of market.

Key Players - Global Spark Plug and Glow Plug Market

The major players operating in the global spark plug and glow plug market include NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Borgwarner Inc., Denso Corporation, Robert Bosch Gmbh, General Motors (Acdelco Corporation), Delphi Automotive, Valeo, Weichai Power Co. Ltd., and UCI Fram Autobrands (Autolite)

Automotive Radiator Market Driver, Trends, Applications & Business Strategy Forecast 2026

Vehicles run on complex engines, which help regulate the speed and safety of the vehicle. These engines consist of automotive components, including radiators. Automotive radiators are an essential part of the vehicle engine system, as it helps maintain the temperature of the engine. Increasing demand for fast-moving vehicles is increasing the demand for light-weight and highly effective radiators, to help cool the engine.

Radiators are made up of different materials, depending on its application. Metal radiators have been replaced by aluminum/plastic radiators by large. Metal radiators, are heavy and costly, thus the demand for materials such as aluminum and plastic is increasing, as they are relatively light in weight and more cost-effective.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1451

Automotive radiators market growth is expected to be driven by increasing adoption of hybrid powertrains.

Furthermore, government of various economies are imposing stringent regulations regarding reduction of carbon emissions from vehicles, which is projected to fuel growth of the automotive radiators market during the forecast period (2017 - 2025). The regulations such as Low Emission Vehicle (LEV) III, Tier 3, and Super Ultra Low Emissions Vehicle (SULEV) are implied to ensure least carbon emissions. Increasing inclination of consumers towards hybrid vehicles, owing to its enhanced power and fuel-efficiency is propelling demand for automotive radiators. Furthermore, hybrid vehicles require additional low temperature heat exchangers for regulated battery cooling along with normal heat exchangers. Therefore, increasing demand for additional low-temperature heat exchangers is projected to drive growth of the automotive radiators market.

Radiators helps protect the engines from overheating, which otherwise can damage the overall engine. They are heat exchangers that are used for cooling internal combustion engines. Major application areas of radiators include automobiles, piston-engines aircraft, motorcycles, railway locomotive, and stationary generating plants among others. The internal combustion engines in an automobile or piston-engine aircraft are cooled by the liquid coolant circulation through the engine block. The heat generated by the engine is thus dissipated by radiators. The coolant used is commonly water-based, however, can be in the form of oil as well. Usually, water pump is employed to circulate the engine coolant and dissipate engine heat.

Growing aircraft sector, is in turn, increasing the demand for radiators. Piston-engine aircraft have liquid-cooled inline engines, which require radiators to dissipate heat generated by the engine. Due to more fuel combustion than cars, the engine is cooled more efficiently without the use of large cooling fans.

Browse More @ https://www.coherentmarketinsights.com/market-insight/automotive-radiator-market-1451

Growing demand for automobiles in emerging economies of Asia Pacific and Central & South America, is expected to favor growth of the automotive radiator market over the forecast period. North America and Europe are expected to witness moderate demand for automotive radiators, owing to sluggish economic growth and market saturation. Stringent regulatory norms pertaining to environmental considerations, particularly in the developed economies, are expected to positively impact growth of the market.

Some of the key players operating in the global automotive radiator market include Denso Corporation, Valeo SA, Calsonic Kansei Corporation, Mahle GmbH, Sanden Holdings Corporation, TYC Brother Industrial Co. Ltd., Modine Manufacturing Company, Sciton Inc., Keihin Corporation, PWR Advanced Cooling Technology, Griffin Thermal Products, and Saldana Racing Products.

Bicycle & Components Market Segmentation, Opportunities, Trends & Future Scope to 2026

The bicycle & components market was valued at US$ 45,080 million in 2016 and is projected to reach US$ 66,692 million by 2025, exhibiting a CAGR of 4.7% over the forecast period. Increasing concerns regarding fitness has urged individuals to use bicycles as a mode of routine exercise. Furthermore, novel designs of bicycles dedicated towards safety and comfort of the user has further boosted the adoption of various types of cycles across wide range of users based on their age, demographics, and interests. Constant fluctuations of prices for fuels used in motor vehicles and increasing awareness of environment-friendly transportation is improving the adoption of bicycles worldwide.

To know the latest trends and insights read @ https://www.coherentmarketinsights.com/market-insight/bicycle-and-components-market-1449

Key Trends and Analysis of the Global Bicycle & Components Market:

Among bicycle types, city bike segment held dominant position in the bicycle & components market in 2016. Increasing number of global population and rising urban population have led to better intra-city transportation. Furthermore, increasing health issues due to smog, high carbon concentration in the atmosphere, and other pollutants has urged governing bodies to promote environment-friendly transportation systems such as bicycles inside the city. City bicycles have emerged as a solution for aforementioned issues with improved designs and technological up-gradations including smart bikes.

Among materials, continuous fiber composite segment accounted for the largest market share in 2016 and is estimated to retain its dominance over the forecast period. Properties of these materials such as high-stiffness, high-strength, and lightweight are they key features that boost their adoption in clean energy manufacturing with high potential to produce an energy-efficient transportation mode.

Among Components, frames segment held the largest market share in 2016 and is projected to grow at a considerable CAGR during the forecast period. Increasing demand for carbon frames and their declining prices is the major factor driving growth for the bicycle frame market.

Key Takeaways of the Market:

According to Coherent Market Insights’ analysis, North America region is the largest consumer for bicycles and it is expected to witness moderate growth in market over the forecast years, owing to presence of more than 2,000 companies in the region that are involved in manufacturing and sales of cycling products. Such wide variety of choices, inclination of individuals to healthy living, and government initiatives is expected to further encourage the adoption of bicycle as a way of intra-city transport.

Electric bicycle also known as e-bike, booster bike or powerbike is a type of bicycle that has electric motor being used for propulsion. E-bikes are useful in cardiac rehabilitation programs and have an impressive effect on a heart patient by offering safer and efficient ride as compared to stationary bike. Furthermore, e-bikes are zero-emission vehicles and cause no harm to the surrounding environment.

Request PDF Brochure for Sample Purpose @ https://www.coherentmarketinsights.com/insight/request-pdf/1449

According to Coherent Market Insights’ research, China is one of the leading country in the e-bike as well as in public bike share in Asia Pacific region. Other factors contributing to the growth of bicycle in Asia Pacific region include rising population, increasing demand for cheap internal transportation systems, fuel efficient substitutes for vehicles, and growing trend of bikeshare & e-bike. Some of the major players operating in the global bicycle & components market include Atlas Cycles Ltd, Accell Group N.V., Caloi Inc., Avon Cycles Ltd., Cannondale Bicycle Corporation, Campagnolo S.r.l., Giant Bicycle Inc., Cycleurope AB, Hamilton Industries Ltd., and Derby Cycle Corporation.

Automotive Transmission Systems Market Technological Advancements & Competitive Insights to 2026

Automotive transmission system transmits power to drive the engine. It includes various transmission components such as gears, shafts, and other parts, which function together for movement of device. There are two type of transmission system automatic transmission and manual transmission, which are types of motor vehicle. In automatic transmission, gear ratios change automatically as the vehicle moves and in manual transmission, the gear ratio change manually. The growing demand for vehicles, in turn, is increasing the growth of the automotive transmission system market.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1420

Automotive Transmission System Market Growth Factors

Increasing demand for all types of vehicle is driving the growth of the automotive transmission system market. Moreover, increasing per capita income of individuals in emerging countries such as India and China has led to increase in spending on fuel efficient vehicles which is further boosting the market of transmission systems. According to International Organization of Motor Vehicle Manufacturers statistics (OICA), in 2016, total number of vehicles manufactured was around 94.9 million worldwide, which is expected to fuel the market growth during the forecast period. Automatic and semi-automatic transmission systems used in the vehicle are expected to drive growth of automotive transmission market, as these transmission systems are expected to replace conventional mechanism. Transmission technologies such as dual clutch transmission and continuous variable transmission have a high market potential due to their fuel efficiency.

Passenger car is the fastest growing segment in automotive transmission system market

Among vehicle types, passenger car segment is the fastest growing segment, owing to increasing sales of these vehicles worldwide. According to International Organization of Motor Vehicle Manufacturers, in 2016, around 70 million units of passenger car were sold worldwide. Growing passenger cars per thousand inhabitants over the past few years have reached to 182 per thousand inhabitants in 2015 from 178 in 2014, which is major factor fuelling growth of passenger cars. These factors are expected to drive growth of the automotive transmission systems market during the forecast period.

Browse More @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-transmission-systems-market-1420

Automotive Transmission Systems Market Regional Insight:

On the basis of geography, the automotive transmission system market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is the fastest growing market for the automotive transmission due to increasing disposable income of the population in the region, which has led to the rise in sales of vehicles and relevant systems. According to Coherent Market Insights, Asia Pacific held dominant position in the passenger cars segment. For instance, according to OICA, passenger car sales in the region was valued at around US$ 39.4 million in 2016. Out of these, sales in China was valued at US$ 24.3 million. Europe held a considerable market share in automotive transmission system market due to DCT-equipped cars and light commercial vehicles. According to OICA, registrations or sales of new vehicles sales in the region was valued at around US$ 20.1 million in 2016 and the requirement followed by US$ 20.9 million in 2017

Automotive Transmission Systems Market Background:

Key players operating in the automotive transmission systems market include Getrag Corporate Group, Aisin Seiki Co., ZF Friedrichshafen AG, Jatco Ltd., General Motors, GKN PLC, Magna Powertrain, Eaton Corporation, Honda Transmission Manufacturing of America Inc., and Allison Transmission Inc.

Trending Blogs

Recently Viewed Blogs

Agnes Blogs