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Showing posts from July, 2022

Electric Motor Horn Market Share and Growth Factors Impact Analysis 2032

 Electric motor horn is a device used in a vehicle which transforms electric energy into mechanical energy. The working of an electric motor horn is based on the principle of electromagnetism, in which mechanical energy helps to create a loud noise. An electric motor horn works as a safety device in a vehicle to alert other vehicles or pedestrians to avoid accidents or collisions. Electric motor horns are widely used in almost all types of vehicles such as passenger cars and light as well as heavy commercial vehicles due to their easy installation. Also, electric motor horns can be customized as per client requirements. The life cycle of an electric motor horn is higher as compared to other horns present in the market such as air horns. The size of the worldwide electric motor horn market is estimated to reach US$ 35.1 billion in 2022 and develop steadily at a CAGR of 5.7 percent from 2022 to 2032. Because people are becoming more conscious of the importance of driving sa

Electric Vehicle Motor Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2032

 Over the projection period of 2022-2032, the global electric vehicle motor market is predicted to grow at a CAGR of 21.2%, reaching a valuation of more than US$ 396.3 Bn by 2032. In response to the growing demand for electric vehicles, the EV motor market is anticipated to grow. The adoption of electric vehicles is being fueled by factors such as an expanding urban population, incentives for electric vehicles, falling battery prices, improved transportation infrastructure in emerging and developed nations, and intergovernmental initiatives for electric vehicles. Adverse effects of hydrocarbon, rising fuel prices, reduced long-term costs to end-users, and increasing awareness about environmental concerns are some of the key factors boosting the demand for electric vehicles and motors. Rising preference for cutting-edge technologies and low maintenance costs among consumers push the demand for electric vehicles and their components. Consumer demand for automated motors is

Marine Fuel Filter Market Estimated to Expand at a Robust CAGR By 2032

 Marine Fuel Filters are considered to be an essential component for an engine. Marine fuel filters avoid fuel contamination, in the form of water, which may find its way into the fuel injection system. With increasing fuel injection pressure, even a small amount of contamination may lead towards severe problems. Marine fuel filters are finds its application in different types of engines; whether four stroke or two stroke, in-board or out-board. Marine vessels, such as ships and carriers, have migrated more and more to the two-stroke engine. While four-stroke ships still exist, the two stroke engines are becoming more optimal and cost-efficient for the companies. The marine fuel filter market is anticipated to grow at a CAGR of 5.05 percent from 2022 to 2032, rising from US$ 1006.4 Mn in 2022 to US$ 4001.7 Mn in value. Smaller vessels, like the outboards and personal boats, also use two stroke engines, especially with the onset of highly customizable fuel injections for

Railcar Unloader Market Share and Growth Factors Impact Analysis 2032

 Unloading bulk material from rail is often a difficult and dirty job; it is often labor-intensive, slow, messy, noisy and unsafe. For that purpose, railcar unloader machines are used to unload materials such as cement, coal, metal, oil, ash and others from rail cars. Railways are the cheapest and safest mode of transferring material from one place to another. Over the years, the rail car industry has grown tremendously as the shipments of crude oil and commodities have increased by 100% and the same growth is expected in the near future. The global Railcar Unloader market is projected to expand at 8.2% CAGR during the forecast period between 2022 and 2032, as per Future Market Insights (FMI). As per FMI, Railcar Unloader market is expected to dominate the global market during the forecast period. Railcar Unloader market is projected to top US$ 3,559.4 Mn by 2032. In addition, emerging rail regions, such as Latin America or Africa/Middle East, contribute to market growth t

Automotive Structural Steel Market Share and Growth Factors Impact Analysis 2032

 Automotive structural steel is used to provide greater strength to vehicle components. High strength of steel can be achieved by mixing alloy materials and cooling at low temperature. Additionally, automotive structural steel has excellent cold forming ability. In terms of revenue, the worldwide automotive structural steel market was estimated to be worth US$ 120.49 billion in 2022. From that year to 2032, it is anticipated to rise at a CAGR of 3.5 percent, reaching US$ 169.97 billion. Therefore, it is used in the making of boom, arms of truck, and trailer frames. Stainless steel is mainly used to make exhaust systems of automotive vehicles owing to its impressive surface finishing and admirable corrosion resistance. Stainless steel is a high-value added steel product that can be used in various applications without any separate treatment. Approximately, 34% automotive structural steel is used for body structures, panels, doors, and trunk closures, 23% automotive structu

Automotive Active Roll Control System Market : Key Players, Growth, Analysis, by 2032

 Automotive active roll control system (ARC) acts when a vehicle when subject to cornering forces. It can decrease the magnitude of sprung mass or roll angle of the vehicle and can improve the passenger’s comfort and vehicle dynamics. During the projection period of 2022–2032, sales of automotive active roll control systems are anticipated to grow steadily at a CAGR of 4 percent, reaching a worth of US$ 4.5 Bn. The growing demand for safe and comfortable cars is the main driver of the automotive active roll control system market's expansion. The automotive active roll control system contains two sub-systems, i.e., electric active roll control (EARC) and hydraulic active roll control (HARC). The electric unit determines the direction and magnitude of the hydraulic pressure according to the vehicle’s instability and the hydraulic unit regulates the pressure in actuators. The actuators provide the force to counteract the cornering force and reduce the vehicle’s roll angl

Automotive Oil Strainer Market Brief Forecast and Analysis by Top Key Players to 2032

 Automotive oils strainer solutions are integrated into automobiles to capture large-sized contaminants. These large-sized contaminants refer to impurities larger than 40 Microns. Automotive oil strainer solutions having a 60 mesh strainer container possess the ability to capture contaminants of sizes exceeding 240 Micron level. 100 mesh automotive oil strainer solutions capture impurities of sizes exceeding 150 Micron level. The automotive oil strainer mesh to Micron correlation can be determined by the total number of square-shaped gaps across a linear inch. Automotive oil strainer modules are less flow restrictive as compared to the automotive oil strainers. Mostly they are employed in the suction pumps. In 2032, the market for Automotive oil strainer is expected to be worth US$ 657.1 Million. Sales of automobile oil strainers are anticipated to increase in the next years as a result of an increase in the number of fuel economy rules and a tightening of vehicle emissi

Automotive License Plate Light Market Estimated to Expand at a Robust CAGR By 2032

 Automotive license plate lights illuminate the license plate uniformly and substantially. Usually, an automotive license plate comprises a light source, a group of lens, and a lamp body that is installed on the neighbouring portion of the license plate which is installed at the rear end of a vehicle. The light source could be either LED or bulb. These automotive license plate lights are impact, chemical & UV resistant, and water proof with a fully sealed body. Automotive license plate lights mostly have clear lenses with white light. In 2032, the market for automotive license plate light is projected to be worth US$854.1 Million. One of the main factors anticipated to increase demand for vehicle licence plate lights in the near future is the rise in the number of strict government regulations aimed at preventing traffic accidents around the world. The car licence plate light market, according to FMI, is anticipated to develop significantly at a CAGR of 9.7% during t

Automatic Vehicle Washing System Market Key Opportunity, Analysis, Growth, Trends 2032

 An Automatic Vehicle Washing System is a set of equipment using water and cleaning solutions to clean and wash the vehicle externally. Apart from the traditional manual wash, there are several options available in the market for automatic vehicle cleaning as well. In an automatic vehicle washing system, the vehicle is placed in park and the machine starts cleaning the vehicle without any aid of a labor. Automatic Vehicle Washing System can be of three types, Tunnel, rollovers and touchless. Among these tunnel type automatic vehicle washing system is the most expensive one and is installed when the service provider operates with relatively larger number of vehicles wash per day. Roll over type is the preferred system when it comes to water consumption as it is a low pressure system. Owing to several benefits such as being efficient, economic, lesser time and water consumption and others, the demand for Automatic Vehicle Washing System is estimated to increase at a signif

Automotive Drawer Slides Market to Grow at Robust CAGR by 2032

 This Automotive Drawer Slides market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Automotive Drawer Slides market. During the anticipated period, the worldwide automotive drawer slide market is anticipated to grow at a moderate CAGR of 5.2 percent. The market for automobile drawer slides is expected to generate US$ 6 billion in sales in 2022 and US$ 9.47 billion by the end of 2032. During the projected period, the automotive drawer slides market is anticipated to display encouraging growth potential, increasing the entire market size. An automotive drawer sli

Aircraft Pushback Tugs Market Analysis by Size, Share, Growth, Trends up to 2032

 Aircraft pushback tugs come under aircraft ground support equipment (GSE). Aircraft pushback tugs are used to push and tow aircraft in hangar, ramp, and terminal areas at the airport. Aircraft pushback tugs push the aircraft backward to transport aircraft to any location on the airport. In any airport, ground support equipment are essential for proper airport management and pushback tugs play an important role in it. During the forecasted period from 2022 to 2032, sales of Aircraft pushback tugs are expected to grow globally at a stable CAGR of 5.4 percent, reaching about US$ 6.5 Bn by 2032. The rapidly expanding global aviation industry is a key factor driving growth in the market for Aircraft pushback tugs. Furthermore, aircraft pushback tugs are available in many shapes and sizes. The main type of aircraft pushback tugs are conventional pushback tugs and towbarless pushback tugs. Conventional tugs use a tow bar to connect the tug to the nose landing gear of an aircra

Weigh in Motion System Market Prospects and Growth Assessment 2032

The Weigh in Motion system is a set of software and devices which is used for measurement and recording the weight of moving vehicles. Road traffic administrations, bridge designers, control agencies, research organizations can obtain gross weight information and reliable axle weight information from moving vehicles using a Weigh in Motion System. The primary application of Weigh In Motion system  is for determining vehicle characteristics such as gross vehicle weight (GVW), speed, axle weight, axle spacing. It helps in improving roadway safety, reducing accident risk and preventing road surface damages. During the projected period, the weigh in motion system market is anticipated to deepen its roots in the global market at a moderate CAGR of 10.3%. The global market is expected to generate US$ 1.04 billion in revenue in 2022 and US$ 2.55 billion by the end of 2032. The Weigh in Motion system is also used for weight-based toll collection. Due to increasing commercial tran

Electro-Pneumatic Train Brakes Market Emerging Growth Analysis, Future Demand and Business Opportunities 2032

 Electro-pneumatic train brakes are modern rolling stock braking systems that offer improved performance as compared to traditional pneumatic brakes. Electro-pneumatic train brakes are a part of train safety systems and are thus critical components. Hence, with the increase in train production and repair activities, the demand for electro-pneumatic brakes is expected to witness significant growth in the coming years. The market for electro-pneumatic train brakes is anticipated to reach US$ 14,600 Million by 2032, increasing at a CAGR of 4.9 percent from 2022 to 2032, and be valued at US$ 9,050 Million in 2022. Modern rolling stock braking systems, such as electro-pneumatic train brakes, outperform conventional pneumatic brakes in terms of performance. Train safety systems must have electro-pneumatic train brakes as a necessary component. Railway is an effective, reliable and preferred means of mass transportation for passengers and freight. With technical advancement

Automotive Grade Inductors Market to Garner Brimming Revenues by 2032

 Automotive grade inductors are current-inducing devices that have electromagnetism property. They comprise a passive two-terminal electrical component that stores energy in a magnetic field when the electric current flows through automotive grade inductors. Automotive grade inductors are mostly made by ultra-thin mixture of nickel zinc ferrite, manganese, powder iron, and metal alloy. Moreover, the automotive grade inductors are installed in the vehicle to offer noteworthy AC and DC resistance and to enhance the working of the accessories. Moreover, automotive grade inductors are used to maintain the flow of current and supply filtered current to the vehicle’s accessories, such as information devices, entertainment devices, and LED lights, among others. Owing to their application as current controlling devices for electrically operated accessories, the automotive grade inductors market is expected to witness significant growth during the forecast period. Demand for autom

Automotive NFC Market Brief Forecast and Analysis by Top Key Players to 2032

 The continuously changing world and the technological enhancement in the field of communication becoming more connected thereby creating the need to boosting the technology in an automobile at a faster pace- automotive radar, NFC (Near Field Communication), cellular connectivity, and wireless power are now integrated into the mid and high-end automobile. Automobile is no longer just a means of transportation but has been embedded with various communication interfaces and devices. Automotive NFC (Near Field Communication) is basically a short range bidirectional communication technology which allows interaction distance of few centimetres at a specified data transfer rate. Automotive NFC is a set of communication practice that allows two electronic equipment, among which is usually one is a portable device such as a smartphone, to establish communication by bringing them within the short distance of other which is fixed to the part. A subset of NFC, RFID appears to expan

Automotive MEMS Sensor Market Share and Growth Factors Impact Analysis 2032

 Automotive Micro-Electro-Mechanical Systems Sensors are computer systems that control and maintain the entire mechanical, electronic and electrical systems of the automobile. These systems are a combination at the nano-scale into NEMS (nanoelectromechanical systems) and nanotechnology. The application of MEMS inertial sensors has unlocked various desirable features that are among the most common features in automobiles these days. The global market for automotive MEMS sensors is anticipated to reach US$ 2.41 billion in 2022 and to grow at a CAGR of 15% to reach US$ 9.75 billion by the end of the assessment period (2022-2032). The global adoption of technologically improved cars is responsible for the market's expansion. Micro-Electro-Mechanical Systems for Automobiles (MEMS) The entire mechanical, electronic, and electrical systems of the car are managed and controlled by sensors, which are computer systems. These systems combine NEMS (nanoelectromechanical systems)

Traffic Sign Recognition System Market : Value Chain, Stakeholder Analysis and Trends by 2032

 Modern day vehicles are becoming more and more advance with technologies such as driver assistance systems, which helps the driver to gain better awareness of the road and its potential hazards. A traffic-sign recognition (TSR) system is one of these technologies, which can recognize a traffic sign placed beside the road such as, turn ahead, speed limit etc. Traffic Sign Recognition System is a part of ADAS (advanced driver assistance system).Traffic sign recognition system uses a camera mounted on the vehicle front to capture video of the roadside spaces. The process can be divided into two phases, which are detection and recognition. In the traffic sign detection process, the Traffic Sign Recognition System uses various methods to identify a road sign characteristics like, shape, color etc. In the recognition process, the Traffic Sign Recognition System identifies the information on the sign and displays output data to the driver. The global traffic sign recognition sys