Global Delivery Robots Market 2017: Worldwide Market Size, status, Revenue, growth rate, with 2021 Future Analysis

“Delivery Robots Market Global Demand Analysis & Opportunity Outlook 2021”

The global delivery robots market is segmented into component such as cameras based delivery robots, microphones based delivery robots, speakers based delivery robots and display screens based delivery robots. Rapid introduction of new applications of robots is increasing the adoption of robots. In addition to this, increasing adoption of delivery robots in various industries such as healthcare, hotel, logistics and others is a major factor which is expected to fuel the growth of global delivery robots market in future.

Global delivery robots market is expected to flourish at a robust CAGR over the forecast period. Moreover, the global delivery robots market is anticipated to reach at notable revenue by the end of 2021. The delivery robots market is envisioned to grow on the back of growing robotic market and increasing research and development activities to make robots smarter and intelligent. Furthermore, increasing need to make local delivery faster and cost efficient is anticipated to escalate the adoption of delivery robots by retailers.

The North America is anticipated to grow at a considerable pace during the forecast period owing to a number of factors such as technologically advanced infrastructure and increased investment by delivery robot manufacturers in R&D activates to cut its cost in order to increase the adoption of delivery robots by companies. For instance, Florida became the fourth state of U.S. to permit delivery robot on sidewalks and crosswalks. 

Growing E-commerce Business

The e-commerce business is growing at a significant rate all across the globe. Moreover rising demand for better solutions to deliver orders is a major factor which is expected to fuel the demand for delivery robots in near future. Furthermore, take away food services, supermarkets and parcel delivery firms are majorly adopting delivery robots in developed countries.    

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Delivery Robots in Hospitals

Delivery robots are used in hospitals to deliver medications, lab specimens, food and linens, and to remove trash and waste. Further, the adoption of delivery robots in hospitals is anticipated to increase in future owing to increasing concerns regarding patient care.

Although, high cost of delivery robots and slow adoption rate in developing and under developed countries are some of the factors that are likely to hinder the growth of the delivery robots market in the near future.

The report titled “Delivery Robots Market Global Demand Analysis & Opportunity Outlook 2021” delivers detailed overview of the global delivery robots market in terms of market segmentation by component, by technology, by type of delivery, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global delivery robots market which includes company profiling of Savioke, 3D Robotics, ABB,Carbon Robotics, Autonomous Solutions Inc., Estonian robotics company, Aethon Inc., Starship Technologies and TeleRetail Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global delivery robots market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Market Survey Report Examines The Global Automotive Fuel Injection System Market That Will Grow At A CAGR of 5.2% by 2024

“Automotive Fuel Injection System Market: Global Demand Analysis & Opportunity Outlook 2024”

The global automotive fuel injection system market is segmented into vehicles such as passenger cars, two-wheelers, light commercial vehicles, heavy commercial vehicles. Among these segments, passenger cars segment accounted for the largest market of overall automotive fuel injection system market in 2016. Additionally, increasing number of passenger cars on roads is anticipated to flourish the growth of global passenger cars market. Apart from this, heavy commercial vehicles segment is believed to be the fastest growing segment in the global market of automotive fuel injection system due to increasing transportation activities.     

Global automotive fuel injection system market is expected to showcase a tremendous CAGR of 5.2% over the forecast period i.e. 2017-2024. Additionally, the market is riding on the back of growing automotive industry along with introduction of advance fuel injection system technologies. Moreover, the global automotive fuel injection system market is anticipated to account noteworthy revenue by 2024.     

The diesel direct injector segment by technology is projected to grasp the biggest market of global automotive fuel injection system in 2016. Further, growing adoption of diesel vehicles on the back high power is predicted to directly impact the demand for diesel direct injector segment which is projected to bolster the growth of global diesel direct injector market. In terms of regional platform, Asia-Pacific region accounted for the top position in the global automotive fuel injection system market. Moreover, swelled disposable income and rapid urbanization have also boosted the sales of vehicle in this region which is envisioned to supplement the growth of automotive fuel injection system market.

Increasing Adoption of Two-Wheelers           

Technological advancement in two-wheelers such as old two-wheelers carburetors systems is replaced with fuel injection system to increase the fuel economy of two-wheelers are believed to be the dynamic factor behind the rapid growth of automotive fuel injection system market. Furthermore, increasing prices of fuel all across the globe is also expected to foster the growth of automotive fuel injection system market.

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Rising Demand for Fuel Efficient Vehicles

Growing demand for advanced automotive fuel injection system on the back increasing government legislations regarding emission produced by vehicles is projected to flourish the growth of automotive fuel injection system market. Moreover, supportive government initiatives to develop the transportation infrastructure such as roads in developing nations are projected to positively the impact the growth of automotive fuel injection system market.

On the contrary, strict norms taken by government regarding carbon emission have resulted in ban on diesel cars in some countries and increasing adoption of electric vehicles are anticipated to hamper the growth of automotive fuel injection system market.

The report titled “Automotive Fuel Injection System Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive fuel injection system market in terms of market segmentation by vehicles, by fuel, by technology, by component and by region.  

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global automotive fuel injection system market which includes company profiling of Continental AG, Delphi automotive PLC, Denso Corporation, Hitachi Ltd, Robert Bosch GmbH, Magneti Marelli S.p.A, Keihin Corporation, Woodward, Kinsler Fuel Injection, and Edelbrock LLC. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive fuel injection system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Want To Know The Future Of Advancements in Charging Technology are Expected to Impel the Growth of Wireless Car Charging Market Report 2021

“Global Wireless Car Charging Market Analysis & Opportunity Outlook 2021”

The global wireless car charging market is segmented into application such as power electric and hybrid cars. Among these segments, power electric or electric vehicle segment is anticipated to witness considerable growth during the forecast period. Factors such as lack of potential of electric vehicles to run for long distance and need to charge them at intervals are fuelling the demand for wireless car charging. Moreover, wireless car charging technology will allow electric vehicles to charge while running.

Global wireless car charging market is expected to flourish at a notable CAGR over the forecast period. Moreover, the global wireless car charging market is expected to reach at USD 6.0 Billion by the end of 2021. Increasing sales of electric vehicles and technological advancements in electric vehicles are some of the major factors which are envisioned to foster the growth of market during the forecast period.  

Geographically, Europe wireless car charging market is anticipated to thrive during the forecast period. Government support, falling battery cost and increasing sales of electric vehicles are likely to be the key factors behind the growth of wireless car charging market over the forecast period. Moreover, driving and usage benefits in Europe region such as preferential parking permits in dense urban areas and permission to drive in bus and taxi lanes and save considerable time during rush hours are increasing the sales of electric vehicles which in turn likely to foster the growth of wireless car charging market in Europe region.

Technological Advancement in Charging Technology

Inability of electric vehicles to run for longer distance as they need to charge at intervals is a key factor which is expected to fuel the growth of wireless car charging market in near future.

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Favourable Government Initiatives and Programmes

Various government initiatives to increase the sales of electric vehicles for instance, china is looking forward to ban combustion engine vehicles to encourage the adoption of electric vehicles are anticipated to bolster the growth of global wireless car charging market in near future.

Although, lack of availability of standardized wireless car charging system and low adoption rate of electric vehicles in underdeveloped countries are some of the factors which are expected to hinder the growth of the wireless car charging market in the near future.

The report titled “Global Wireless Car Charging Market Analysis & Opportunity Outlook 2021” delivers detailed overview of the global wireless car charging market in terms of market segmentation by technology, by application and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global wireless car charging market which includes company profiling of Evatran Group, Qualcomm Technologies, Inc., WiTricity Corporation, and HEVO Power. Some other prominent vendors that may enter into manufacturing of wireless car charging are Continental AG, Ford Motor Company, BMW Automobile Company, Nissan Motor Company Ltd. and Bosch Group. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global wireless car charging market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Read more Information: https://www.researchnester.com/reports/global-wireless-car-charging-market-analysis-opportunity-outlook-2021/115

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Ajay Daniel

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Rising Geriatric Population across the Globe to Drive the Growth of Elderly Mobility Vehicle Market in Future, According to Research Nester

“Elderly Mobility Vehicle Market: Global Demand Analysis & Opportunity Outlook 2024”

The global elderly mobility vehicle market is segmented into application such as commercial and residential. Among these segments, residential elderly mobility vehicle segment is expected to occupy top position in overall elderly mobility vehicle market during the forecast period. Rapid growth in aging population is expected to trigger the growth of the residential elderly mobility vehicle. Apart from this, rising number of people suffering from knee disorders are anticipated to boost the growth of the elderly mobility vehicle market.

Global elderly mobility vehicle market is expected to flourish at a significant CAGR of 5.3% during the forecast period. Moreover, the global elderly mobility vehicle market is expected to garner USD 3.1 Billion by the end of 2024.  Growing old age population across the globe, favorable government initiatives and rising disposable income are some of the major factors which are envisioned to bolster the growth of the elderly mobility vehicle market during the forecast period.

North America captured the largest market share of overall elderly mobility vehicle market in 2016. Further, North America is likely to continue its dominance over the forecast period owing to the rising geriatric population in the region. Moreover, favorable government reimbursement policies in U.S. are expected to surge the adoption of elderly mobility vehicle market. Europe is projected to witness significant growth during the forecast period. This can be attributed to favorable government funded mobility allowances in the region. For instance, motability scheme by U.K. government is anticipated to significantly impact the growth of the market.

Increasing Aging Population in the World

Growing old age population is expected to increase the demand for elderly mobility vehicle market during the forecast period. According to World Bank Group, the percentage of population aging 65 and above has witnessed a growth to 8.4% in 2016 from 7.6% in 2010. Further, increasing mobility problems in old age population is anticipated to accelerate the growth of the elderly mobility vehicle market.

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Favorable Government Schemes and Policies

Government schemes and policies for old age population such as affordable care act, motability scheme and other such schemes are propelling the demand for elderly mobility vehicle market. Apart from this, collaboration of government agencies and mobility manufacturers is also expected to positively impact the growth of the market.

Although, high cost of elderly mobility vehicles and availability of alternatives such as wheelchair are some of the key factor which are likely to dampen the growth of elderly mobility vehicle market during the forecast period.

The report titled “Elderly Mobility Vehicle Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global elderly mobility vehicle market in terms of market segmentation by design type, by number of wheel, by application, by drive power and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global elderly mobility vehicle market which includes company profiling of Pride Mobility Concepts Corporation, Medical Depot, Inc., Golden Technologies, Solax Mobility, Amigo mobility international Inc., Invacare Corporation, Merits Health Products Inc., Sunrise Medical LLC, Van Os Medical B.V. and TGA Mobility. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global elderly mobility vehicle market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Read more Information: https://www.researchnester.com/reports/elderly-mobility-vehicle-market-global-demand-analysis-opportunity-outlook-2024/279

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Ajay Daniel

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The Global Automotive Turbochargers Market is Projected to Bolster at a Significant CAGR of 10.2% by the end of 2024, according to Research Nester

“Automotive Turbochargers Market: Global Demand Analysis & Opportunity Outlook 2024”

The global automotive turbochargers market is segmented into technology such as variable geometry turbocharger, wastegate, and twin turbo, out of which variable geometry turbocharger segment accounted for the largest segments in overall automotive turbochargers market and is projected to grab a considerable CAGR over the forecast period i.e. 2017-2024. Likely, increasing usage of variable geometry turbocharger technology due to engine downsizing of the vehicle is believed to flourish the growth of automotive turbochargers market. In addition to this, various government norms regarding vehicle emission across the globe is also anticipated to intensify the growth of automotive turbochargers market by the end of 2024.     

Global automotive turbochargers market is expected to seize a notable CAGR of 10.2% by 2024. Additionally, growing adoption of diesel vehicles for transportation is one of the major factors propelling the market of turbochargers. Moreover, the global automotive turbochargers market is anticipated to account exponential sales by the end of 2024.    

The passenger cars segment by vehicle is projected to dominate the overall market of automotive turbochargers by 2024. In terms of regional platform, Europe captured the biggest market of automotive turbochargers in 2016 in terms of revenue. Moreover, Western Europe countries such as U.K., Germany and others are believed to contributor a considerable share in the Europe turbochargers market. Apart from this, Asia-Pacific region is the most lucrative market of automotive turbochargers due to emerging economies.

Increasing Integration of Turbocharger

Growing usage of turbocharger coupled with engine downsizing to enhance the performance of the vehicle and to achieve greater fuel economy are believed to be the dynamic factor behind the rapid growth of automotive turbochargers market during the forecast period. Moreover, continuous technological advancement in automotive turbochargers to attain high power is also positively impacting the growth of automotive turbocharger market.

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Supportive Government Initiatives

Favorable government initiatives in order to help the key vendor for research and development activities and various companies are collaborating to provide better automotive turbochargers such as Honeywell Turbo Technologies has partnered with Tata to develop first petrol turbocharged engine. These factors are believed to foster the growth of automotive turbocharger market.

Although, increasing penetration of electric vehicles and hybrid vehicles are expected to hamper the growth of automotive turbocharger market during the forecast period.

The report titled “Automotive Turbochargers Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive turbocharger market in terms of market segmentation by technology, by fuel, by vehicle, by end-user and by region.  

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global automotive turbocharger market which includes company profiling of BorgWarner, Honeywell Turbo Technologies, Mitsubishi Heavy Industries, IHI Corporation, Continental AG, Cummins, Eaton Corporation PLC, Bosch Mahle Turbo Systems, Rotomaster and Turbo Energy PVT LTD. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive turbocharger market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Read more Information: https://www.researchnester.com/reports/automotive-turbochargers-market-global-demand-analysis-opportunity-outlook-2024/305

Contact for more Info:                                           

Ajay Daniel

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U.K. +44 203 608 5919

The Global Automotive Robotic Market is Estimated to be Valued at USD 8.8 billion During the Forecast Period i.e. 2017-2024, according to Research Nester

“Automotive Robotic Market: Global Demand Analysis & Opportunity Outlook 2024”

The global automotive robotic market is segmented into product type such as articulated robots, cartesian robots, cylindrical robots, SCARA (Selective Compliance Assembly Robot Arm/ Selective Compliance Articulated Robot Arm) robots, and others, out of which articulated robots segment accounted for the largest segments in overall automotive robotic market and articulated robots segment is projected to grab a remarkable CAGR over the forecast period i.e. 2017-2024. Likely, growing demand for automotive all across the globe is believed to foster the growth of automotive robotic market. In addition to this, increasing labor cost along with lack of skilled labor is also projected to intensify the growth of automotive robotic market by the end of 2024.  

Global automotive robotic market is anticipated to post a noteworthy CAGR of 10.1% over the forecast period i.e. 2017-2024. Additionally, robust expansion of automotive industry has augmented the demand for automotive robotics. Moreover, the global automotive robotic market is anticipated to account notable revenue of USD 8.8 billion by the end of 2024.   

The primary manufacturing process robots segments captured the largest market of automotive robotic in 2016. In terms of regional platform, Asia-pacific region accounted for the biggest automotive robotic market in 2016 owing to presence of largest automotive industry. Moreover, China and India are the major countries witnessing the augmented demand for automotive robots. Likely, rapid urbanization and positive GDP figures are believed to positively impact the growth of Asia-pacific automotive robotic market.

Robust Expansion of Automotive Industry

Increasing sales of vehicles on the back of rise in per capita income of the consumers and increase in adoption of automation to ensure quality production are believed to be the dynamic factor behind the rapid growth of automotive robotic market. Moreover, automotive robotics reduces the operational cost and improves quality of product. This factor is envisioned to propel the growth of automotive robotic market.

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Technological Advancements in Robotics

Continuous technological advancement in automotive robotics by major key vendor is predicted to flourish the growth of automotive robotic market by 2024. Furthermore, various government norms regarding labor safety is also projected to foster the growth of automotive robotic market

On the contrary, high initial investment regarding installation of automotive robotics is projected to hinder the growth of automotive robotic market during the forecast period.

The report titled “Automotive Robotic Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive robotic market in terms of market segmentation by product type, by application  and by region.  

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global automotive robotic market which includes company profiling of ABB, Adept, Epson Robotics, Fanuc, Honda, Intuitive Surgical, iRobot, Kawasaki, KUKA, and Yaskawa Electric. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive robotic market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Read more Information: https://www.researchnester.com/reports/automotive-robotic-market-global-demand-analysis-opportunity-outlook-2024/324

Contact for more Info:                                           

Ajay Daniel

Email: ajay.daniel@researchnester.com

U.S. +1 646 586 9123

U.K. +44 203 608 5919

The Global Automotive Crankshaft Market is Envisioned to be Valued at USD 3.2 billion by the end of 2024, according to Research Nester

“Automotive Crankshaft Market: Global Demand Analysis & Opportunity Outlook 2024”

The global automotive crankshaft market is segmented into vehicle type such as heavy commercial vehicles, light commercial vehicles, luxury vehicles, passenger vehicles, sport utility vehicles, multi utility vehicles and others. Among these segments, heavy commercial vehicles segment is projected to mark a notable CAGR during the forecast period. Likely, growing number of heavy commercial vehicles on the back of increased transportation is predicted to foster the growth of global heavy commercial vehicles market. Moreover, continuous development of automobile sector is envisioned to propel the growth of automotive crankshaft market.

Global automotive crankshaft market is projected to post a noteworthy CAGR of 2.2% over the forecast period i.e. 2017-2024. Additionally, the market is riding on the back of growing automotive industry all over the globe. Moreover, the global automotive crankshaft market is anticipated to account notable revenue of USD 3.2 Billion by the end of 2024.    

The forged steel segment by crankshaft material is captured the biggest segment in overall automotive crankshaft market. In 2016, highest demand for automotive crankshaft was seen from Asia-Pacific region. The growth in the region is anticipated to be fostered by the increasing purchasing power of the consumers which have given boost to the automobile market and overall sales of the vehicles. In 2016, China and Japan are two of the most prominent market in the region.

Increasing Demand for Automobiles

Rising demand for automobiles in emerging economies such as China, India, and others is one of the key growth drivers of global automotive crankshaft market. Moreover, global automotive industry is booming on the account of urbanization and rising disposable income. This massive growth of automotive industry is growing the automotive crankshaft market all over the globe.

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Technological Advancement

Technological advancement in the field of automotive crankshaft such as introduction of light weight automotive crankshaft and rising adoption of two-wheeler by the population are some of the major factors supplementing the market of automotive crankshaft all over the globe.

On the contrary, rising fuel cost and increasing environmental concerns regarding the usage of automobile across the globe are expected to limits the growth of automotive crankshaft market. Moreover, adoption of electric vehicle in developing and undeveloped nations is hindering the demand of automotive crankshaft.

The report titled “Automotive Crankshaft Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive crankshaft market in terms of market segmentation by vehicle type, by crankshaft type, by crankshaft material and by region.  

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global automotive crankshaft market which includes company profiling of Thyssenkrupp Crankshaft Company LLC, NSI Crankshaft, Bryant Racing Inc., Arrow Precision, Maschinenfabrik ALFING KESSLER GmBH, Ciguenales Sanz SL, Tianrun Crankshaft co. ltd., Mahindra CIE Automotive, and NSI Crankshaft. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive crankshaft market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Read more Information: https://www.researchnester.com/reports/automotive-crankshaft-market-global-demand-analysis-opportunity-outlook-2024/349

Contact for more Info:                                           

Ajay Daniel

Email: ajay.daniel@researchnester.com

U.S. +1 646 586 9123

U.K. +44 203 608 5919

Robust Growth in Automotive Industry to Impel the Growth of Automotive Paint Market in Future, According to Research Nester

“Automotive Paint Market: Global Demand Analysis & Opportunity Outlook 2024”

The global automotive paint market is segmented into technology such as solvent-borne, waterborne and powder coating. Among these segments, waterborne automotive paint segment is expected to occupy top position in overall automotive paint market during the forecast period. Factors such as fewer volatile organic compound (VOCs) content as compared to other coatings are anticipated to swell the growth of waterborne automotive paint market in the upcoming years. Complementary to this, stringent government guidelines and regulations regarding the usage of high VOCs automotive paint are anticipated to increase the demand for waterborne automotive paints. Moreover, waterborne automotive paint segment is anticipated to capture more than 52% market share by the end of 2024.

Global automotive paint market is expected to flourish at a significant CAGR of 5.2% during the forecast period. Moreover, the global automotive paint market is expected to garner USD 14.2 Billion by the end of 2024. Rising affluent middle class population and significant growth of automotive industry are some of the key factors driving the growth of automotive paint market. Moreover, government regulations and rising environmental concerns coupled with availability of environment friendly automotive paint is expected to provide robust growth opportunities to the automotive paint market during the forecast period.

Asia Pacific accounted for highest percentage of market share, with a share of 56.7% in 2016. Increasing demand for automobiles and high number of car production (7.6% growth in 2016 as compared to 2015) in the region are expected to impel the demand for automotive paints over the forecast period. Moreover, rising setup of automotive manufacturing units in the region is expected to strengthen the growth of the automotive pain market. Countries such as China, Japan, India and South Korea are witnessing the augmented demand for automotive paint on the account of increasing number of automotive production per year. North America is anticipated to experience lucrative growth during the forecast period.

Stringent Government Regulations

Strict government regulations and initiatives to reduce harmful components in the environment are anticipated to garner the growth of advanced and environment friendly automotive paints.            Apart from this, increasing demand for environment friendly and low emission automobiles owing to the rising environmental awareness is anticipated to positively impact the growth of the automotive paint market.

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Technological Advancements

Advances in technologies such as development of waterborne coatings and powder coatings are anticipated to drive the growth of the automotive paint market. Moreover, rising preference for these technologically advanced paints is accelerating the growth of the global automotive paint market.

On the other hand, fluctuation in the price of raw materials is likely to dampen the growth of automotive paint market during the forecast period.

The report titled “Automotive Paint Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive paint market in terms of market segmentation by coat type, by technology, by vehicle type, by distribution channel, by texture and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

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This report also provides the existing competitive scenario of some of the key players of the global automotive paint market which includes company profiling of Nippon Paints, Valspar Corporation, Axalta Coating Systems LLC, Kansai Paint Corp. Ltd., Cytec Solvay Group, BASF SE, Akzo Nobel N.V., Jotun KCC Corporation and LORD Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive paint market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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