Recent report titled published by research nester “Cockpit Module Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global cockpit module market in terms of market segmentation by type, by components, by end user type 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.

The global cockpit module market is segmented by type into advanced cockpit and basic cockpit; by components into electronics (navigation system, audio system, wiring harness, instrument cluster, others), plastic/ trim components (cross car beam, instrument panel, central console, HVAC unit) and chassis & safety (airbags, pedal assembly, steering wheel, others); by end user into automobile (passenger cars, light commercial vehicles, heavy commercial vehicles), aerospace and others.

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The cockpit module is an assembled unit which consists of a dashboard, instrument panel and electronic components such as audio, the air-conditioning/heating system and airbags. The cockpit module market, in terms of value, is expected to grow rapidly during the forecasted period at a good CAGR due to rising demand for automobile and aerospace industries across the globe. Increasing usage of nanotechnology to develop lighter and thinner materials also expected to spur the demand for cockpit module market globally over the forecasted period.

In terms of regional platform, North America holds the latest market share in cockpit module market due to the growing technological developments and research activities in aerospace and automobile industries.

Asia Pacific is expected to be the fast growing market for cockpit module in terms of revenue as the developing economies such as China and India are the important contributors for the rise of automobile and aerospace market due to the presence of passenger cars and heavy motor vehicle production. Europe regions are expected to show a lucrative growth over the forecasted period due to increase in sales and production of automobile vehicles.

Technological Advancements in Cockpit Module

Key players of cockpit module are working on the future technology such as Digital Cockpit platform, which is equipped with 5G technology and an IOT platform. The Digital Cockpit expected to have three displays and three knobs which are customized according to driver and passenger requirements.

The Cluster Display in front of the driver uses OLED which provides driving information such as speed and RPM. The Mirror Replacement Vision System provides a front and back HD camera along with display system. It gives three-split-view such as changing lanes or parking. These advance features and technologies are expected to drive the market of cockpit module globally over the forecasted period.

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This report also provides the existing competitive scenario of some of the key players of the cockpit module market which includes company profiling:

Calsonic Kansei Corporation, Denso Corporation, Toyoda Gosei Co., Ltd., SAS Autosystemtechnik Verwaltungs GmbH, Yanfeng Automotive Interiors, Visteon Corporation, Reydel Automotive France SAS, Hyundai Mobis and Grupo Antolin.

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 cockpit module 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.

Global Aircrafts seat frames are segmented by material type Aluminum, Magnesium and Composites.Among these segments, Aluminumis expected to dominate the global Aircrafts seat frames market. The rise in the segment exists on the back of the higher demand durable aircraft seat frames.

The global Aircrafts seat frames system market is estimated to exist at a significant level in 2017 and is anticipated to evince a noteworthy CAGR over the forecast period. Anatomical requirements aligned with safety along with the cost effective seat maintenance demand is rising rapidly. As aircraft seat frames attains to be easier to replace during seating configuration, growth in demand for seat frames tends to increase amongst near future and is evident to drive the aircrafts seat frames market across the globe

North America is anticipated to exist as a major market in the aircraft seat frames market across the globe. The high prevalence of aircraft application for the mode of transport in the countries such as U.S. and Canada manifest significant increase in North Aircrafts seat framesmarket. On the account of bolstering investment in commercially used aircrafts and high GDP sustains significant growth in North American Aircrafts seat frames market. Asia-pacific region is perceived to apprehend a noteworthy market share in forthcoming years. Developing nations such as China, India, Indonesia and Malaysia evince considerable grow during the forecast period.

Easier Replacement of Seat Frames

On the account of aircraft seat frames easier to replace along with seating configuration, the global demand for seat frames anticipated to boost in forthcomingyearsacross the globe. Manufacturingcost aligned to aircraft seats tend to be expensive the aircraft seat anatomy involves labor dependent operations. Additionally, the attributes of seat frames involved differentproportional to the location of installation in an aircraft. Elevation among the need to maintain a proper inventory holding tends to expedite the multitude of parts being kept readily available for proper maintenance. The above reasons are anticipated to exist as major challengesto the aircrafts seat frames producers across the globe.

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The report titled “GlobalAircrafts seat frames Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Aircrafts seat framesin terms of market segmentation segmented by material type andby Vehicle.

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.This report also provides the existing competitive scenario of some of the key players of the global Aircrafts seat frames market which includes company profiling of Hymec Aerospace, PAC Seating Systems, RECARO Group, ZODIAC AEROSPACE, Mirus Aircraft Seating Ltd. and Other Prominent Players. 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 Aircrafts seat frames 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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Recent report titled published by research nester “Automotive Engine Bearings  Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2027) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global automotive Engine Bearings  market in terms of market segmentation by type, by vehicle type, by sales channel 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.

he global automotive engine bearings market is segmented into sales channel such as OEM and aftermarket. Among these segments, OEM engine bearings segment is expected to occupy top position in overall automotive engine bearings market during the forecast period. This can be attributed to healthy automotive production trend. Moreover, automotive production is believed to increase in the upcoming years on the account of growing urbanization and increasing disposable income of the population. This factor is anticipated to intensify the growth of the automotive engine bearings market in the years ahead.

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Global automotive engine bearings market is expected to flourish at a significant CAGR of 5.7% during the forecast period. The market stands to benefit from increasing automotive production and replacement in aftermarket. Moreover, the global Automotive Engine Bearings Market is expected to garner USD 211.8 Billion by the end of 2027.

Asia Pacific captured the largest market share in overall automotive engine bearings market and is expected to continue its dominance over the forecast period. Highest automotive production is the primary reason behind the Asia Pacific lion’s market share. Further, growing purchasing power of the people in developing nations is anticipated to foster the growth of automotive market in the upcoming years. Europe automotive engine bearings market is anticipated to showcase significant growth during the forecast period. Moreover, Latin America is anticipated to grow at modest CAGR during the forecast period. Further, positive GDP growth coupled with growing automotive market in the region is anticipated to drive the growth of the automotive engine bearings in Latin America.

Healthy Automotive Production

Increasing automotive production is the major growth driver of global automotive engine bearings market. According to OICA, total motor vehicle production was held to be 97,302,534 units in 2017. This represented a growth of 2.4% in 2017 as compared to 2016. Further, automotive production is expected to increase on the account of rising demand. This factor is envisioned to bolster the growth of automotive engine market.

Automotive Aftermarket Industry Reflects Significant Opportunities

Growth in automotive vehicle size on the road is creating significant aftermarket opportunities for automotive engine bearings market. As engine bearing falls in wear and tear replacement category of automotive part, demand for replacement automotive engine bearings is likely to uplift during the forecast period on the account of growing number of aging vehicles.

Although, volatility in raw material price is likely to dampen the growth of automotive engine bearings market during the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive engine bearings market which includes company profiling:

MAHLE Aftermarket Inc., Schaeffler AG, SNL Bearings Ltd., ORS Bearings, Nachi Fujikoshi Corp., RBC Bearings, NSK Ltd. King Engine Bearings, Inc., Timken Company, Svenska Kullagerfabriken AB and NTN 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 engine bearings 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 released a report titled “Automotive Active Safety System Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global automotive active safety system market in terms of market segmentation by product, by vehicle type, by fuel type, by offering 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. The rising cases of road accidents are estimated to result in growing demand for safety systems which are provided inside automobiles. Such systems are incorporated with vehicles and assist in minimizing the risk of accidents by sending out warning signals to the driver, who can then avert the automobile and prevent any collision. According to WHO, around 1.35 million people die every year as a result of road accidents, out of which, the majority of victims are children and young adults aged 5-29 years. 93% of road accidents in the world occur in low and middle income countries, which contain approximately 60% of the world’s total vehicles. Get Exclusive Sample Report Copy Of This Report @ https://www.researchnester.com/sample-request-617 The automotive active safety system market is anticipated to grow at a CAGR of 11.25% during the forecast period, i.e., 2019-2027. The high growth rate during this period can be attributed to the increasing demand for road safety features in automobiles on the back of growing usage of privately owned vehicles for various purposes. The market is segmented on the basis of vehicle type into passenger cars, light commercial vehicles, heavy commercial vehicles and others, out of which, passenger cars segment is estimated to propel the market growth on account of growing requirement for personal vehicles and rising awareness among people about prevention of road accidents across the world. The market in North America is estimated to hold largest market share on the back of increasing demand for active safety systems for automobiles. The growing requirement for such systems can be attributed to rules and regulations imposed by the government regarding road safety. Additionally, the market in Europe and Asia-Pacific region is anticipated to expand with notable growth rate during the forecast period on the back of rising disposable income of individuals and adoption of stringent rules and regulations by governmental bodies in these regions. Stricter Safety Standards To Boost Market Growth Increasing incidences of road accidents and formation of strict regulations regarding their prevention and safety of passengers are anticipated to drive the growth of automotive active safety system market. Moreover, the rising number of vehicles purchased per year with increased safety features are supporting the market growth. However, the requirement of high initial investments which are not affordable by small and medium enterprises is estimated to hinder the growth of automotive active safety system market during the forecast period. This report also provides the existing competitive scenario of some of the key players of the global automotive active safety system market which includes company profiling of Delphi Technologies, Bosch, Continental AG, ZF Friedrichshafen, Autoliv, Hyundai Mobis, Valeo, DENSO, Magna International, FLIR Systems and Infineon Technologies. 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 active safety 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. Get Exclusive Sample Report Copy Of This Report @ https://www.researchnester.com/sample-request-617

Recent report titled published by research nester “Global Automotive test equipment Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation”delivers detailed overview of the global automotive test equipment market in terms of market segmentation by product type, by vehicle type 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.

Global automotive test equipment market is expected to register a 5.2% CAGR over the forecast period. Moreover, the global automotive test equipment market is booming on the account of urbanization and rising disposable income. This massive growth of automotive industry is expected to bolster the growth of market across all regions. CLICK TO DOWNLOAD SAMPLE

The global automotive test equipment market is segmented into vehicle type such as passenger cars, low commercial vehicle and heavy commercial vehicles. Among these segments, passenger cars segment is expected to grab major market share in global automotive test equipment market by the end of forecast period. The rise of the passenger cars can be attributed to a number of factors such as increasing sales of new passenger cars in both develop and developing countries.

The Asia Pacific automotive test equipment market is likely to grow at remarkable pace during the forecast period. The automotive test equipment market is growing in Asia-Pacific region owing to the growth and expansion of automotive industries and high investments in the automotive industry from OEMs. The growing population and swelled disposable income are also some of the factors fostering the growth of this region.   

Rising Production of New Vehicles

Governments of developed countries are implementing strict rules and regulations to curb carbon emissions from vehicles. Apart from this, increasing sales of electric and hybrid vehicles are also expected to bolster the growth of automotive test equipment market in upcoming years. Growing automobile aftermarket services is also a major factor which is likely to bolster the growth of market across the globe.

Rising Environment Concerns

Increasing need to curb carbon and Nox emission and presence of other government rules regarding emission level of vehicle are predicted to be the major factors behind the growth of global automotive testing equipment market over the forecast period. Additionally, this factor is likely to increase the demand for testing equipment such as vehicle emission test system in near future.

However, presence of on-demand taxi operators and growing preference for public transport among a part of population are limiting the sales of new vehicles. This factor is projected to hamper the growth of market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global Automotive Test Equipment Market which includes company profiling of AVL LIST GmbH. Standex-Meder Electronics, Inc.,Ryme, Test Equipment Nederland BV, Qualitest International Inc., Robert Bosch GmbH,BEPCO, HORIBA, Ltd., ACTIA Group, SGS SA, and Other Notable Players. CLICK TO DOWNLOAD SAMPLE

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 test equipment 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.

The global automotive door stabilizer market is segmented into vehicle type such as passenger vehicles, light commercial vehicle and heavy commercial vehicle. Among these segments, passenger car door stabilizer segment is expected to occupy top position in overall automotive door stabilizer market during the forecast period. This can be attributed to the increasing sale of passenger cars across the globe. Moreover, increasing demand for driving pleasure is anticipated to intensify the growth of the automotive door stabilizer market. Passenger vehicle segment is further sub-segmented into sports car, luxury vehicles and economy cars, out of which, sports car segment is anticipated to account for highest percentage of market share in passenger vehicle door stabilizer market.

Global automotive door stabilizer market is expected to flourish at a significant CAGR during the forecast period. Growing automotive production, increasing urbanization, rising disposable income are some of the key factors driving the growth of the automotive door stabilizer market. Moreover, the global automotive door stabilizer market is expected to garner noteworthy revenue by the end of 2024.

Asia Pacific dominated the overall automotive door stabilizer market and is expected to continue its dominance over the forecast period. This can be attributed to spiked production of vehicle in the region. Further, rising disposable income coupled with increasing demand for premium vehicles is expected to accelerate the growth of automotive market in the upcoming years. North America and Europe automotive door stabilizer market is anticipated to witness robust growth during the forecast period. Increasing adoption of advanced automotive accessories and rising spending on vehicles is anticipated to uplift the market of automotive door stabilizer. Moreover, Latin America is anticipated to grow at modest CAGR during the forecast period. Further, growing automotive industry in the region is anticipated to drive the growth of the automotive door stabilizer in Latin America.

Robust Growth of Automotive Industry

Increasing global population coupled with rising per capita income is expected to provide robust growth to the automotive industry in the upcoming years. Consequently, the demand for advanced automotive accessories such as automotive door stabilizer is anticipated to witness significant growth in the upcoming years.

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Stringent Government Regulations

Initiatives by government authorities to ensure the passenger safety are also anticipated to positively impact the growth of the automotive door stabilizer market. Moreover, increasing research & development expenditure by OEM is likely to spearhead future market growth.

Although, low number of market players and lack of compatible products per vehicle is likely to dampen the growth of automotive door stabilizer market during the forecast period.

The report titled “Automotive Door Stabilizer Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global automotive door stabilizer market in terms of market segmentation by vehicle type and by region.

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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.

This report also provides the existing competitive scenario of some of the key players of the global automotive door stabilizer market which includes company profiling ofAISIN SEIKI Co., Ltd. and . Further, key potential companies that may enter into manufacturing of automotive door stabilizer includes Volkswagen AG, General Motors, Hyundai Motor Group, Ford Motor Company, Nissan Motor Company Ltd, Honda Motor Company, Ltd., Fiat Chrysler Automobiles N.V. and Groupe Renault. 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 Door Stabilizer 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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Recent report published by research nester titled “Mechanical Seals Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global mechanical seals market in terms of market segmentation by product type, by end-use-industry 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.

The global mechanical seals market is segmented into end-use-industry such as oil and gas, chemical industry, water and wastewater industry, power industry, pharmaceutical, mining and minerals, food and beverage and others, out of which, with 30.1% share, the oil and gas industry segment dominated the overall mechanical seals market in 2016 and is projected to capture a noteworthy CAGR by 2024.

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Apart from this, water and wastewater industry segment is believed to register a phenomenal CAGR by the end of 2024. Likely, growing adoption of advanced mechanical seals to prevent leakage is envisioned to bolster the growth of global mechanical seals market.   

Global mechanical seals market is anticipated to post a notable CAGR of 9.2% during the forecast period i.e. 2017-2024. Moreover, the mechanical seals products market is projected to account for exponential sales by the end of 2024. Additionally, robust expansion of oil and gas industry along with introduction of innovative mechanical seals for numerous platforms such as rotatory is believed to propel the growth of mechanical seals market.      

The cartridge seals segment by product type is projected to grow at a robust CAGR over the forecast period.  In terms of geography, with 42.8% share in 2016, Asia-Pacific region accounted for the biggest market of global mechanical seals. Moreover, China, India and japan are the dominating countries in this region owing to rapid industrialization. Moreover, growing population has augmented the demand for more energy which is expected to foster the growth of oil and gas industry. This factor is believed to flourish the growth of mechanical seals market over the forecast period.

Robust Industrialization

Strengthening economic growth of developed and developing nations such as U.S., China, India and others have fuel the growth of various industries such as pharmaceuticals, chemical, oil and gas which is projected to directly impact the growth of mechanical seals market. Moreover, motorization of the population in the developing countries is one of the major factors augmenting the demand for oil. This factor is projected to bolster the market of mechanical seals. 

Expansion of Wastewater Industry

Upsurge demand for mechanical seals from water and wastewater industry is believed to be the dynamic factor behind the rapid growth of mechanical seals market. Moreover, increased manufacturing activities are also propelling the market of mechanical seals across the globe. Furthermore, heavy spending in pipelines and refineries in major countries is also predicted to boost the demand for mechanical seals by 2024. On the contrary, presence of other alternatives such as mechanical packaging is envisioned to dampen the growth of mechanical seals market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global mechanical seals market which includes company profiling of AESSEAL plc., A.W. Chesterton Company, EagleBurgmann, Flowserve Corporation, Flex-A-Seal, Inc., John Crane, Avon Seals Private Limited, TREM Engineering SC , PPC Mechanical Seals, and Meccanotecnica Umbra S.p.A.

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 mechanical seals 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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The global rate of turn indicator market is segmented into product type segment such as analog and digital rate of turn indicator. Among these segments, analog segment is believed to be the leading segment in the overall rate of turn indicator market by 2024. In addition to this,analog segment is projected to post a considerable CAGR during the forecast period.Likely, on-going advancement in the marine technology is predicted to bolster the growth ofrate of turn indicator market. Moreover, rising need to check the turn of the ship is also believed to flourish the growth of rate of turn indicator market. 

Global rate of turn indicator market is projected to showcase a remarkable CAGR during the forecast period i.e. 2017-2024. Moreover, the global rate of turn indicator market is anticipated to reach notable revenue by 2024. Additionally, therate of turn indicator market is riding on the back various factors such as increasing government legislations and increasing number of ships.

In terms of regional platform, Asia-Pacific region contributed the largest market of rate of turn indicator in 2016. Further, China and Japan are the dominating countries in this region owing to increasing government spending on the development of marine industry. Moreover, globalization and positive GDP growth of this region is projected to foster the growth of rate of turn indicator market. Apart from this, Europe region captured the second largest market of rate of turn indicator in 2016 aided by Germany, Italy, The Netherlands and others.

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Increasing Seaborne Activities   

Growing waterborne activities across the globe on the back of growing demand for oversea products due to swelled disposable income of the population is predicted to boost the demand for new ships which is projected to foster the growth of rate of turn indicator market. Moreover, increasing tourism by ships is also envisioned to foster the growth of rate of turn indicator market.

Strict Government Regulation

Stringent government regulations regarding marine safety and navigation devices are projected to foster the growth of rate of turn indicator market. Moreover, mandatory laws imposed by government such as ships of 50,000 gross tonnages and upwards have to be equipped with advanced safety and navigation devices. This factor is believed to plunge the market of rate of turn indicator.

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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Recent report Published by Research Nester titled “Marine Navigation Light Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global marine navigation light market in terms of market segmentation by 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.

The global marine navigation light market is segmented into type segment such as basic navigation lights, lights of special significance and others. Among these segments, basic navigation lights segment is projected to grasp a significant CAGR over the forecast period. Furthermore, growing international seaborne trade is predicted to intensify the demand for new ships which is expected to bolster the growth of marine navigation light market. Moreover, rising number of ships is also anticipated to flourish the growth of marine navigation light market.     

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Global marine navigation light market is projected to post a tremendous CAGR of 5.3% during the forecast period i.e. 2017-2024. Moreover, the global marine navigation light market is anticipated to reach exponential revenue by 2024. Additionally, the marine navigation light market is riding on the back stringent government policies.

The ship segment by application is projected to capture considerable CAGR over the forecast period. Further, various legislation regarding the adoption of marine navigation light into ships is anticipated to flourish the growth of ship segment. In terms of geography, Asia-Pacific region captured the biggest percentage of market share in global marine navigation light market and is anticipated to continue its dominance over the forecast period on the account of the growing marine industry.

Further, China and India are the major countries contributing in the market of marine navigation light. Apart from this, North America marine navigation light market is projected to be the most lucrative market.

Increasing International Trade Activities 

According to Society of Maritime industries, the volume of overseas trade is projected to grow from 9 Billion tons to 19 Billion tons by 2030. In addition to this, developing nations are anticipated to witness lucrative economic growth in near future which is expected to increase the global economic trade volume. This factor is believed to foster the growth of marine navigation light by the end of 2024.

Stringent Government Legislations and Guidelines

Strict government regulations regarding the installation of marine navigation light on steamboats and others ships is envisioned to trigger the growth of marine navigation light market. Furthermore, advancement in marine navigation light and introduction of low cost marine navigation light are some of the factors propelling the market of marine navigation light. On the contrary, volatile nature of commercial shipping is anticipated to hamper the growth of marine navigation light market by the end of 2024.

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 marine navigation light 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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The global automotive composites marketis anticipated to expand at a CAGR of around ~6% during the forecast period i.e. 2023-2035. On the basis of resin type, thermoset segment is anticipated to lead the market, owing to their properties such as resistance to heat expansion and moisture, protection against corrosion and high temperatures, as they are mostly used for manufacturing heat shields, fuel vapor canister brackets radiator brackets etc. Based on composite component, the exterior segment is projected to lead the market, on the back of rising utilization in manufacturing of exterior parts which includes fenders, hoods, bumper beams, and deck lids of vehicles to increase their overall strength.

By region, the global automotive compositesmarket is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is expected to dominate the market for automotive composites. Strong potential outlook in interior, structural and exterior applications will fuel the industry demand. Besides, innovations in vehicle manufacturing and implementation of light weight component is likely to further support the market growth. Europe led by Germany, Italy, France and Russia will have significant growth on back of stringent government regulations focusing on reducing overall vehicle weight and carbon emissions with implementation of advanced materials is likely to fuel the industry demand. Increasing R&D coupled with presence of large manufacturers in the region will further support the market growth.

Rising Trend of Motorization

The product offers superior strength to weight ratio and increases fuel efficiency of the vehicles. Ever-changing trends towards cost effective alternatives, sturdy and light weight components will positively influence the product penetration. Development in the production facilities and as well as reduction in the manufacturing time and capital cost are posing new opportunities for the industry players all over the world. Development of electric & hybrid automobiles offering long travel distance owing to reduced weight will further support the market growth. Stringent protocols to considerably reduce carbon emissions along with increasing global vehicle production with focus on improving the vehicle efficiency is projected to fuel the market demand.

However, hefty set up cost required for the manufacturing may affect the product penetration. Carbon fiber are difficult to repair mainly for the vehicle exteriors. Damage to the product during accidents requiring replacement of the part may affect the automotive composites market share. Industry players are focusing on increasing the production capacity and thus reducing the overall cost making it affordable and thus increasing the automotive composites penetration all over the globe.

The report titled “Automotive Composites Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global automotive composite market in terms of market segmentation by fiber, resin, manufacturing process, composite componentsand 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. This report also provides the existing competitive scenario of some of the key players of the global automotive composite market which includes company profiling of key companies such as Cytec Solvay Group, Hexcel Corporation, Johns Manville Corporation, Koninklijke Ten Cate, Owens Corning Corp., Protech, ACP Composites, Toho Tenax America, Toray Industries and Zoltek Carbon Fiber.The outlining 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 composites market that is expected to 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 analysis on “Motorcycle Market: Global Demand Analysis & Opportunity Outlook 2030” delivers a detailed competitor analysis and a detailed overview of the global connected motorcycle market in terms of market segmentation bytype, connectivity, connectivity solution, application, and by region.

Growing Demand for Connected Two-Wheelers to Drive Growth of Global Connected Motorcycle Market

The global connected motorcycle market is estimated to grow majorly on account of the increased penetration of connected two-wheelers worldwide. For instance, according to the data, worldwide there were ~19 million connected two-wheelers in 2020.

The market research report on global connected motorcycle encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends.These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.

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By type, the global connected motorcycle market is segmented into roadster, adventure, tour, sports, and heritage. The roadster segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~ 40% over the forecast period. Rise in the number of household motorcycles.

By region, Europe connected motorcycle market is to generate the highest revenue by the end of 2033. This growth is anticipated by rising sales of motorbikes and mopeds.

The research is global in nature and covers a detailed analysis of the connected motorcycle market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, an analysis comprising of global connected motorcycle market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global connected motorcycle marketwhich includes company profiling of Continental AG, Robert Bosch GmbH, KTM Sportmotorcycle GmbH, Yamaha Motor Co., Ltd., Bayerische Motoren Werke Aktiengesellschaft, Honda Motor Co., Ltd., Suzuki Motor Corporation, Triumph Motorcycles Ltd., Kawasaki Heavy Industries, Ltd., Aeris Communications, Inc., and others.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 a detailed overview of the global connected motorcycle marketthat will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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The report titled “Automotive Gesture Recognition Systems Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global automotive gesture recognition market in terms of market segmentation by product, by application, by vehicle type and by region.

The growing technological advancements are driving large number of vehicle manufacturers to integrate Advanced Driver Assistance Systems (ADAS) to detect external inputs and direct the vehicle safely and accurately. Additionally, advancements in the system ensuring prompt functioning, lag minimization and reducing touch latency to diminish driver distraction along with growing awareness and regulations for driver safety are estimated to significantly support the growth of the market in upcoming years. Furthermore, the responsiveness of these systems in conveying quick warnings along with executing fast actions in real time coupled with superior probability and lower error rate is increasing the demand for these systems. On the back of these factors, the global automotive gesture recognition systems market is anticipated to record a CAGR of 32% during the forecast period i.e. 2019-2027.

On the basis of regional analysis, the automotive gesture recognition market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, North America is anticipated to be the global leader in terms of demand for these systems owing to the existence of several established vehicle manufacturers offering high-end vehicle models with enhanced automotive gesture recognition systems. The market in the region has incorporated some of the most advanced technologies in vehicle automation, and offers wide-scale technological adoption rate. The market in Europe region is anticipated to witness robust growth owing to the presence of most prominent global car manufacturers that additionally cater to the huge demand for gesture recognition systems, whereas the market in Asia Pacific is estimated to grow significantly on the back of growing demand for cars in the region.

Government Initiatives and Recent Product Developments to Promote Industry Growth

Growing government initiatives with an aim to promote the utilization of electric vehicles coupled with latest product developments to enhance the safety of drivers as well as the vehicles are some of the notable factors that are anticipated to support the growth of the market in upcoming years.

However, the high cost associated with these systems is anticipated to hinder the growth of the market over the forecast period.

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.

This report also provides the existing competitive scenario of some of the key players of the automotive gesture recognition systems market which includes company profiling ofCognitec Systems GmbH, Continental AG, HARMAN International (SAMSUNG), NXP Semiconductors, Sony Depthsensing Solutions, Visteon, Gestigon GmbH, Synaptics Inc., Visteon Corporation and Qualcomm Technologies Inc. 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 automotive gesture recognition systems 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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The report titled “Gyro Compass Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global gyro compass market in terms of market segmentation by product type, by application and by region.

The global gyro compass market is segmented into product type such as electronic gyro compass and mechanical gyro compass. Among these segments, electronic gyro compass segment is envisioned to grow at maximum pace over the forecast period.

Further, rising installation of electronic gyrocompass in new watercrafts is likely to foster the growth of this segment in upcoming years. Apart from this, increasing sales of boat across the globe is also anticipated to enhance the market size of this segment over the forecast period.

Global gyro compass market is expected to thrive at a notable CAGR over the forecast period. Gyro compass has additional advantages over other compasses such as highly reliable in terms of navigation and no use of earth’s magnetic field for reference. Further, rising sales of new boats and large ships across the globe is anticipated to intensify the expansion of global gyro compass market during the forecast period.

The boat segment by application is likely to grow at remarkable pace during the forecast period. Additionally, increasing number of boats across the globe due to enhancements in water transport infrastructure is expected to foster the growth of boat segment in future.

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Growing Shipbuilding Industry

Development of new ships and watercrafts is increasing across the globe. Further, countries are expanding their naval power and buying new watercrafts such as submarines and others. Apart from this, rising demand for watercrafts across the globe is expected to escalate the growth of market of gyro compass across the globe.

Technological Advancements in Gyro Compass

Demand for gyro compass is anticipated to rise due to their high accuracy and other advantages including unaffected by external forces such as magnetic field and iron. Further, continuous advancements such as compact design, improved reliability are anticipated to drive the demand for gyro compass in near future.

However, dependency of electric gyro compass on electricity is likely to inhibit the growth of the gyro compass market in the near future.

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.

This report also provides the existing competitive scenario of some of the key players of the global gyro compass market which includes company profiling of Yokogava Denshikiki Co. Ltd., B & G Company, Tokyo Keiki, Raytheon Defense Contractor Co., NKE Marine Electronics, Furuno Electronics Company, Airmar Technology Corp., Maretron LLP, Spery Marine, and Tecnauntic. 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 gyro compass 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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Global digital course recorder market is projected to showcase a significant CAGR of 5.4% during the forecast period i.e. 2017-2024. Moreover, the global digital course recorder market is anticipated to reach exponential revenue by 2024. Additionally, the digital course recorder market is riding on the back of increasing government regulations for the installation of navigation system.   

The global digital course recorder market is segmented into distribution channel such as online store and offline store. Among these segments, online store segment is projected to mask a notable CAGR by the end of 2024. In addition to this, the growth of online store segment is attributed to the growing consumer inclination towards online shopping due to ease of convenience and wide availability of products. Likely, increasing waterborne activities across the globe is one the major factor pushing the market of Digital Course Recorder.

In terms of regional platform, Asia-Pacific region accounted for the largest market of digital course recorder in 2016. Further, China is the dominating country in this region owing to presence of major key vendors of digital course recorder and increasing number ocean trade activities. Moreover, presence of huge marine infrastructure is also playing a positive role in the growth of digital course recorder market in this region. Apart from this, Europe region has witnessed a robust growth in the market of digital course recorder due to increasing seaborne activities between Europe and Asia-Pacific region.

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Robust Expansion of Marine Industry

Rapid growth of marine industry throughout the globe on the back of positive GDP figures and growing adoption of advanced navigation technologies by ships are believed to foster the growth of digital course recorder market by the end of 2024. Furthermore, increasing number of ships owing to growing trade activities is also predicted to bolster the market of digital course recorder.

Government Policies

Strict government policies towards installation of navigation system and growing adoption of advanced navigation system by defense sector for accurate navigation are some of the factors triggering the demand for digital course recorder. Additionally, growing research and development activities in the field of marine navigation is projected to flourish the growth of digital course recorder market.

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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The report titled “Automotive Carbon Wheels Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global automotive carbon wheels market in terms of market segmentation by distribution channel 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.

The global automotive carbon wheels market is segmented into distribution channel such as OEM and aftermarket, out of which, OEM segment is expected to dominate the overall automotive carbon wheels market and is anticipated to capture a noteworthy CAGR by 2024. Likely, rising popularity of carbon wheels on the back of high tensile strength is envisioned to bolster the growth of global automotive carbon wheels market. Furthermore, rising number of automobiles on road is also projected to trigger the growth of automotive carbon wheels market in near future.  

Global automotive carbon wheels market is anticipated to mask a notable CAGR of 28.3% during the forecast period i.e. 2017-2024. Moreover, the global automotive carbon wheels market is projected to account for exponential revenue by the end of 2024. Additionally, growing inclination of consumers towards innovative and advanced automotive products is believed to propel the growth of Automotive Carbon Wheels Market.    

In terms of regional platform, Asia Pacific accounted for the largest market of global automotive carbon wheels in terms of revenue in 2016. Moreover, presence of emerging economies such as China and India and positive GDP figures are believed to foster the growth of automotive carbon wheels market in this region. In addition to this, presence of major carbon wheels manufacturer i.e. Carbon Revolution Pty. Ltd in this region is also predicted to strengthen the market of automotive carbon wheels. Apart from this, Europe automotive carbon wheels market is anticipated to grow at a significant pace due to rise in sales of sports cars.

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Government regulations

Government legislations and guidelines regarding pollution across the globe are projected to foster the growth of automotive carbon wheels market. Moreover, numerous properties of carbon wheels such as light weight, high tensile strength and others are also pushing the automotive manufacturers to adopt carbon wheels due to regulation imposed by government to reduce the weight of vehicles which are also predicted to upsurge the growth of automotive carbon wheels market.

Rising Demand for Sports Cars

Increasing sales of sports cars on the back of swelled disposable income of the consumers is projected to bolster the growth of automotive carbon wheels market across the globe.

In contrast, high cost associated with automotive carbon wheels is expected to dampen the growth of the global automotive carbon wheels market in near future.

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This report also provides the existing competitive scenario of some of the key players of the global automotive carbon wheels market which includes company profiling of ESE Carbon, Eve Wheels LLC and Carbon Revolution Pty 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 carbon wheels 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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Recent report published by research nester titled “Walking Cart Market: Global Demand Analysis & Opportunity Outlook 2024”delivers detailed overview of the global walking cart market in terms of market segmentation by product type, by wheel type, by end-user, by price range, By distribution channel 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.

The global walking cart market is segmented into product type such as manual walking cart and electric walking cart. Among these segments, electric walking cart segment is envisioned to capture a remarkable CAGR over the forecast. Likely, increasing number of golf course along with swelled disposable income of the consumers is one the major factor fostering the market of walking cart. Furthermore, rising golf tourism across the globe is also projected to supplement the growth of walking cart market in near future. 

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Global walking cart market is projected to post a noteworthy CAGR during the forecast period i.e. 2017-2024. Additionally, the walking cart market is riding on the back of rapid urbanization along with rising adoption of innovative technology.  Moreover, the global walking cart market is projected to account for exponential revenue by 2024.    

The 4 wheel segment by wheel type is projected to seize a considerable CAGR over the forecast period. In terms of geography, Europe and North America are the most notable regional market of walking cart in 2016. Europe region captured the lions share in the global walking cart market owing to presence of more than 7,400 golf courses. Apart from this, North America region accounted for the second largest market of walking cart in 2016 aided by U.S. and Canada. Further, rising adoption of advanced golf products on the back of rise in per capita income is believed to propel he growth of walking cart market.

Changing Lifestyle of Consumers 

Swelled disposable income along with changing lifestyle of the consumers has encouraged the demand for walking cart. Moreover, rising penetration of lavish hotels integrated with modern infrastructure such as golf courses, swimming pools and others is also believed to foster the growth of walking cart market by 2024.

Evolution of Walking Cart

Introduction of electric walking cart integrated with advanced features along with continuous advancement in technology and rejuvenation of the golf industry are some of the factors propelling the market of walking cart market across the globe.

On the contrary, high cost associated with electric walking cart is envisioned to hamper the growth of walking cart market across the globe.

This report also provides the existing competitive scenario of some of the key players of the global walking cart market which includes company profiling:

Big Max Golf, Bag Boy Company, The Proactive Sports Group, Sun Mountain Sports, Inc. , Adept Golf, Axglo Inc., Stewart Golf , Bat-Caddy, Cart-Tek Golf Carts, Wilson Sporting Goods. 

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The report titled “Airport Information System Market: Global Demand Analysis & Opportunity Outlook 2024″ delivers detailed overview of the global airport information system market in terms of market segmentation by operation, by solutions, by airport category and by region.

The global airport information system market is segmented into solutions such as flight information display system (FIDS), resource management solutions, public address systems, baggage processing, passenger processing, airport operations, airport information, and airport operational database (AODB). Among these segments, baggage processing segment is expected to lead the overall airport information system market by 2024. In addition to this, the growth of baggage processing segment is attributed to the growing demand for proper baggage management at the airport. Likely, rising trend of self-service at airports is one the major factor pushing the market of airport information system.

Global airport information system market is projected to showcase a remarkable CAGR of 7.2% during the forecast period i.e. 2017-2024. Moreover, the global airport information system market is anticipated to reach exponential revenue of USD 49.8 Billion by 2024. Additionally, the airport information system market is riding on the back numerous factors such as increasing spending of IT sector into airports and government initiatives to improve airport infrastructure.

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The commercial segment by airport category is envisioned to attain a reparable CAGR during the forecast period. Moreover, increasing number of air travelers across the globe along with augmented demand for advance management systems at airports is believed to foster the growth of global commercial airport information system market. In terms of geography, North America and Europe are the most notable market of airport information system due to presence of hi-tech airports. Moreover, U.S. captured the lion share in North America airport information system market. Apart from this, Asia-Pacific is predicted to grow at an outstanding CAGR of 7.3% during the forecast period owing to emerging economies such as China and India.

Rising Number of Air Travelers

According to International Air Transport Association (IATA), the international passenger traffic upsurge by 6.7% in 2016 compared to 2015. Further, rise in air traffic is plunging the market of airport information system for better airport management. This factor is envisioned to flourish the growth of airport information system market all across the globe by 2024.

Increasing Government Initiatives

Increasing expenditure by government to uplift the aircraft industry is projected to bolster the growth of airport information system market. For instance, Airports Authority of India (AAI) is taking initiatives for the development of new airports at different cities in India such as Lucknow, Deoghar, Rajkot and Allahabad. This factor is also believed to bolster the growth of information system market.

Although, dearth of integration of airport information systems in underdeveloped nations is anticipated to dampen the growth of airport information system market across the globe.

This report also provides the existing competitive scenario of some of the key players of the global airport information system market which includes company profiling of Amadeus IT Group SA, SITA, Rockwell Collins, Inc., Siemens Postal, Parcel & Airport Logistics GmbH, INFORM GmbH, Inter systems Group, Lockheed Martin Corporation, RESA, S.A.S., VELATIA, S.L., The Ultra Electronics 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 airport information 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.

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The global aircraft control equipment market is segmented into aircraft type such as commercial aircraft and military aircraft .Further, commercial aircraft segment is envisioned to experience remarkable growth over the forecast period owing to growing demand for new aircrafts in air lines across the globe. Additionally, increasing number of regional airlines across the globe is fueling  the demand for new aircrafts which in turn expected to bolster the growth of global aircraft market over the forecast period.

Global aircraft control equipment market is expected to register a 7.1% CAGR over the forecast period. Moreover, the global aircraft control equipment market was valued at USD 11.9 Billion in 2016 and is expected to reach at notable revenue of USD 16.7 Billion by the end of 2024. The market is expected to expand on the back of a number of factors such as rising air traffic and increasing sales of aircrafts across the globe. Additionally, growing advancements in aircraft control equipment market to make aircraft flying more precise and reliable in air is predicted to augment the growth of global aircraft control equipment market.        

North America aircraft control equipment market dominated overall aircraft control equipment market in 2016. According to U.S. department of transportation, 754 new aircrafts were sold in U.S in 2015 as compared to 725 in 2014. Further, rising sales of new aircrafts and increasing spending on air transport are likely to be the major factors behind the expansion of North America aircraft control equipment market.

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Growing Regional Airlines

Increasing number of regional airlines across the globe is likely to augment the demand for new aircrafts. For instance, Indian government’s UDAN scheme is enhancing the infrastructure of regional air travel. In India, government is looking forward to turn a number of airports in regional airports. Further this government initiatives in India is likely to strengthen the regional air travel industry in India which in turn likely to increase the number of new aircrafts in the country. According to International Air Transport Association (IATA), global domestic air travel rose by 5.7% in 2016.

Increasing Demand for Air Travel

Rising disposable income of the consumers and growing preference for air travel are factors which are forcing various airline industries to buy new aircrafts to match the passenger traffic at airports. According to International Air Transport Association (IATA), international passenger traffic grew by 6.7% in 2016. Further, rising international passenger traffic is also a major factor which is expected to intensify the growth of global aircraft control equipment market in near future.

However, low demand for new aircrafts in low income country esis likely to inhibit the growth of the aircraft control equipment market in the upcoming years.

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.

This report also provides the existing competitive scenario of some of the key players of the global aircraft control equipment market which includes company profiling of Honey well International Inc., BAE Systems, Moog Inc., Nabtesco Corp., Rockwell Collins, Mecaer Aviation Group, Untitled Technologies Corp., Liebherr Group, Parker Hannifin Corp., and SAAB AB. 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 aircraft control equipment 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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Based on end-user, the electric pallet jack truck market has been segmented into retail store, warehousing, manufacturing plants and others. Among these segments, the warehousing segment is expected to grow at the highest CAGR during the forecast period. After warehousing, manufacturing plants holds the second place to maintain the highest market share in electric pallet jack truck market and is expected to grow at a significant rate over the coming years. Electric pallet jack trucks find their usage in industrial sector for loading and unloading of trailers in mid distance range. This factor is envisioned to strengthen the growth of electric pallet jack truck market over the forecast period.

The global market for electric pallet jack truck is expected to grow with a robust compound annual growth rate over the period 2017-2024. Factors such as rapid urbanization and wide range of applications of electric pallet jack truck in numerous industries is anticipated to fuel the growth of electric pallet jack truck market by noteworthy revenue by the end of 2024.

Additionally, growing manufacturing industries and rising demand for power-assisted lifting are envisioned to bolster the growth of electric pallet jack truck market across the globe.

In the regional segment, North America represented the largest market for electric pallet jack truck in 2016 and is believed to continue with its dominance by the end of forecast period. This can be attributed to the adoption of innovative technology.  The growing demand for electric pallet jack truck in warehouse and retail stores in the U.S and Canada is anticipated to drive the growth of electric pallet jack truck market in North America. Further, factors such as growing manufacturing activities and rapid growth of industrialization sector are predicted to elevate the growth of electric pallet jack truck market in Asia Pacific region.

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Technological Advancement to Boost the Market Growth

Rapid urbanization and positive GDP growth of developed and developing nations is expected to bolster the growth of electric pallet jack truck market. Further, growing technological advancement and rising adoption of electric pallet jack truck due to its various properties such as reduction in the time for loading or unloading, easy to use among other properties are believed to be the dynamic factors behind the expansion of electric pallet jack truck market across the globe.

However, factors such as less adoption rate and high cost are likely to inhibit the growth of the electric pallet jack truck market in the near future.

The report titled “Electric Pallet Jack Truck Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the electric pallet jack truck market in terms of market segmentation by type, by load capacity, by end user and by region.

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

This report also provides the existing competitive scenario of some of the key players of the electric pallet jack truck market which includes company profiling of Toyota Motor Corporation, Jungheinrich AG, Raymond Corporation, Yale Materials Handling Corporation, Caterpillar Inc., Clark Material Handling Company Inc., Crown Equipment Corporation, Komatsu Ltd., UniCarriers Corp. and Combilift 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 electric pallet jack truck marketthat 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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The automotive radiator market has been segmented by product into cross flow radiators and down flow radiators. Among these segments, the down flow radiator segment is envisioned to be the leading segment during the forecast period and is anticipated to capture more than 50% share of the global radiator market owing to growing replacement of radiators in old vehicles across the globe. Further, in terms of material, the growing use of aluminum radiators in modern cars is a major factor which is likely to fuel the demand for aluminum radiators in upcoming years.

The global market is expanding on the back of growing automotive market and is expected to reach at a valuation of USD 14.2 Billion by the end of 2024 by expanding at a compound annual growth rate of 4.5% over the forecast period. Further, the rising demand for automotive heat exchanger coupled with increasing number of automobiles is expected to fuel the growth of automotive radiator market with noteworthy revenue by the end of 2024.

In the regional segment, Asia Pacific accounted for the largest market of automotive radiator by being the leading producer of automobiles and by holding the major market for original equipment of manufactured automotive radiator.

Further, there is high demand for spare parts, accessories and other components of automobiles in North America and Europe that are anticipated to drive the growth of automotive radiator market in these regions. However, Middle East & Africa automotive radiator market is anticipated to grow at remarkable compound annual growth rate of 6.5% during the forecast period owing to rising number of automobiles in this region.

Rising Disposable Income of Consumers to Drive the Market

Factors such as growing disposable income of the consumers, increasing number of vehicles and rising implementation for effective heat exchanger in vehicles across the globe are expected to benefit the expansion of automotive radiator market. Further, growing competition between leading automobile companies in order to produce better and high end performance cars is believed to supplement the growth of global automotive radiator market in near future.

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However, recent decline in overall sales of automobiles followed by its negative impact might deter the growth of automotive radiator market in the near future.

The report titled “Automotive Radiator Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the automotive radiator market in terms of market segmentation by application, by operations, by sales channel 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.

This report also provides the existing competitive scenario of some of the key players of the automotive radiator market which includes company profiling of Behr GmbH & Co., Denso Corporation, Dongfeng Radiator Co.Ltd., Visteon Corp., Delphi Automotive Plc., Valeo SA, Calsonic Kansei Corporation, Sanden Corporation, NISSENS A/S and CSF Radiators.

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 automotive radiator 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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