Research Nester published a report titled “Air Filtration Media Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global air filtration media market in terms of market segmentation by filter type, media type, reusability, grade, application, providers, and end-user.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

There are various types of air filtration media systems that are used for providing a hygienic and sterile environment in various industries such as healthcare and food. Based on these attributes, there is a high demand for high-efficiency air filtration media systems in hospitals and hotels such as HEPA filters that have the capacity to filter even the smallest particles of size 0.3 microns, thereby creating notable growth opportunities related to the growth of global air filtration media systems market. The global market accounted for USD 1 billion in 2019 and is estimated to grow at a CAGR of 7.% during the forecast period, i.e., 2023-2035.

The global air filtration media market is segmented by end-userinto industrial, commercial, and residential applications. Among these segments, the residential segment in the global air filtration media market is estimated to grow with the highest CAGR of around 7% and is estimated to be the leading revenue generating segment during the forecast period. Geographically, the global air filtration media market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, out of which, the market in Asia Pacific held the leading market value of around USD 1332.23 Million in 2019 and is further estimated to hold this position throughout the forecast period. The growth in this region can be attributed to rising air pollution levels in the developing countries of the region along with the improved focus on promising policy initiatives for sustainable development.

Growing Demand for HEPA Filters for Use in Industrial Sector

According to the analysis of the World Health Organization (WHO), it is estimated that the bulk of the global population is exposed to poor-quality air; air pollution is responsible for death of seven million people in the world every year.

The rising adoption of HEPA filters for controlling microbial contamination in pharmaceutical clean rooms, hospitals, hotels, restaurants, and others is estimated to boost the growth of the market in upcoming years. Moreover, the growth in industries to fulfill the needs of increasing population, thus boosting the demand for air filtration media systems for mitigating air pollution, are some of the additional indicators that are estimated to contribute to the growth of the market.

However, the high costs of air filtration media is anticipated to operate as key restraint to the growth of global air filtration media market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global air filtration media market which includes company profiling ofSchweitzer-Mauduit International, Inc. (NYSE: SWM), Cabot Corporation(NYSE: CBT),Donaldson Company(NYSE: DCI), 3M Company(NYSE: MMM), Calgon Carbon Corporation, Lydall, Inc. (NYSE: LDL),Ahlstrom-Munksjo (HEL: AM1), Camfil AB (NYSE: DCI), Toyobo Co. Ltd. (TYO: 3101),Freudenberg Filtration Technologies SE & Co. KG, Glatfelter Corporation (NYSE: GLT), and Sandler AG. 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 air filtration media 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 published a report titled “Self service kiosk market- Global Demand Analysis and Opportunity Outlook 2023-2035” which delivers detailed overview of the self service kiosk market in terms of market segmentation by product type, by payment method type, by component type, by end users 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 market for self service kiosk is anticipated to record a notable CAGR of around 8.80% over the forecast period 2020-2028. The shifting consumer preferences towards digital payments owing to the direct purchase through debit or credit cards without human interaction are driving the growth of the market. Further, seamless performance and reduction in operational time offered by self service kiosk in effective buying is fostering the market growth. In addition, increasing usage of smart phones and tablets is leading to the rising adoption of mobile wallets. Therefore, these factors along with rising digitally advanced infrastructure in banks are fostering the growth of the market. On the basis of product type, the market is segmented intofood & beverage kiosk, retail kiosk, parking kiosk, information kiosk, patient interactive kiosk, check-in kiosk and others. The retail kiosk segment is estimated to dominatethe market on the account of availability of product information and services unified with kiosks along with the advertisements without actually entering the outlets. Further, retail kiosk eliminates long queues at billing counter and enhances customer experience. Moreover, growth in smart retail stores is capturing the attention of customers, which in turn, is propelling the growth of the market over the forecast period.

Based on the regional analysis, the market for self service kiosk is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The huge investments for the setting up of new retail stores along with the rising quick shopping experiences of consumers will account for the dominance of North America in the self service kiosk market. Additionally, the surge in adoption of self service kiosks and rising disposable income of consumers are generating huge demand for self service kiosks. Moreover, presence of several quick service restaurants in the region along with the well establishment of banking sector base is fostering the growth of the market. The market in Asia Pacific is estimated to witness fastest growth rate owing to the rising adoption of digital solutions in healthcare infrastructure along with rapid installations of self service kiosks in metro cities. Hence, these reasons are estimated to drive the growth of the market during the forecast period.

Technological Advancements along with the Popularity of Self Service Kiosks

The rising advancements in the technology for the development of security systems such as Near-Field Communication (NFC) and Radio Frequency Identification (RFID) are fostering the market growth. Further, these advancements offers convenience, seamless demand fluctuation, standardization of services and reduced waiting time to consumers and service providers. Additionally, in order to enhance customer value and consumer dining patterns, there is a notable rise in operational activities for self service kiosks. The heavy traffic volume of visitors at restaurants and retail outlets are generating healthy demand for touch screen self service kiosk. Therefore, these factors along with the increasing number of food outlets and customized products demand will propel the market growth over the forecast period.

However, high initial investments associated with self service kiosks along with the losing traction of touch based self service kiosk owing to the outbreak of COVID-19 pandemic is expected to operate as a key restraint into the growth of self service kiosk market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the self service kiosk market which includes company profiling of KOIOSK Information Systems, NCR Corporation (NYSE:NCR), Touchscreen Solutions, Source Technologies, ADVANCED KIOSKS, Embross, Olea Kiosks, Aila Technologies, Inc., REDYREF and DynaTouch. 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 self service kiosk 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 has released a report titled “Metal Enclosed Harmonic Filter Market–Global Demand Analysis & Opportunity Outlook 2035” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.

Metal enclosed harmonic filters with various voltage ranges are increasingly being installed owing to the growing demand for electricity in the industrial sectors of the developing countries. There are numerous benefits of metal enclosed harmonic filters which is why it is preferred in industries. They improve the performance of the equipment and enhance the system's capacity in industries such as utility and commercial power systems and also eliminate electrical disturbances and harmonics. The growing demand for electricity in the industrial sectors of the developing countries is therefore anticipated to drive the growth of the metal enclosed harmonic filters market.

The global metal enclosed harmonic filter market is anticipated to achieve a CAGR of 10% across the globe over the forecast period, i.e. 2023-2035. Rising installations of harmonic filters in power distribution systems, growing industrialization in the developing countries worldwide, for instance the US, China, Australia, Germany, India, and various others, growing adoption of variable frequency drivers in the commercial and manufacturing industry, coupled with the numerous benefits associated with metal enclosed harmonic filters, such as reducing overall operating costs by efficient use power, reducing the risk of operational downtime from overloading, premature plant failure, and nuisance trippingamong others. The global metal enclosed harmonic filter market registered a value of USD 631.78 million in the year 2019 and is anticipated to register an incremental $ opportunity of USD 32.85 million in the year 2020 as compared to the previous year and gain an absolute $ opportunity of USD 332.4 million by growing at 1.5x during the forecast period.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

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Geographically, the global metal enclosed harmonic filter market is segmented into five major regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Among these regions, the market in Asia Pacific registered the largest market share of 47.49% in the year 2019 and is anticipated to gain an incremental $ opportunity of USD 16.36 million in the year 2020 as compared to the previous year and gain an absolute $ opportunity of USD 167.39 million by growing at 1.53x during the forecast period. Asia Pacific is growing as the global data center hub, which is requiring data center operators to deploy metal enclosed harmonic filters. Moreover, the increasing automotive industry in the nations such as China, India and others is also anticipated to drive the growth of the market in the region.

However, concerns for lack of awareness for metal enclosed harmonic filters among the small and medium enterprises is anticipated to limit the growth of the global metal enclosed harmonic filters market over the forecast period.

This report also studies existing competitive scenario of some of the key players of the global metal enclosed harmonic filters market, which includes profiling of ABB Ltd. (SWX: ABBN), Siemens AG (ETR: SIE), General Electric Company (NYSE: GE), CG Power and Industrial Solutions Limited (NSE: CGPOWER), Eaton Corporation plc (NYSE: ETN), Baron Power Limited, Northeast Power Systems, Inc., Arteche Group, Controllix Corporation, and AZZ Inc. (NYSE: AZZ).

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The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the reporttitled “Metal Enclosed Harmonic Filter Market – Global Demand Analysis & Opportunity Outlook 2035”, analyses the overallmetal enclosed harmonic filtersindustry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global metal enclosed harmonic filters market in the near future.

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research analysis on “Automotive Robotics Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor analysis and a detailed overview of the global automotive robotics market in terms of market segmentation by type, component, application, and by region.

Growing Installations of Robots to Drive Growth of Global Automotive Robotics Market

The global automotive robotics market is estimated to grow majorly on account of the increased number of robots in the automotive industry which is the largest user of robots worldwide.For instance, more than 25% of all robot installations happened in the automotive sector in 2020.  

The market research report on global automotive robotics 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 application, the global automotive robotics market is segmented into casting, welding, painting, cutting, and material handling. The material handling segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~ 13% over the forecast period. Rise in the usage of high-end articulated arm model robots.

By region, the Asia Pacific automotive robotics market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher robot density in the automotive industry in the region.

The research is global in nature and covers a detailed analysis of the automotive robotics 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 automotive robotics 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 automotive roboticsmarketwhich includes company profiling of Kawasaki Heavy Industries, Ltd., Seiko Epson Corporation, Rockwell Automation, Inc., ABB Ltd, Switzerland, Denso Corporation, Comau S.p.A., Fanuc Corporation, Yaskawa Electric Corporation, Blackbird GmbH, Nachi Fujikoshi Corp., 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 automotive roboticsmarketthat 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 recent market research analysis of “Car Refrigerator Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nesterdelivers an in-depth competitors analysis and a detailed overview of the global car refrigeratormarket in terms of market segmentation by type, price range, distribution channeland by on over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global car refrigeratormarket.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 is poised to gain significant momentum in the next few years.

Car refrigeratormarket to find numerous growth opportunities on the back of increasing vehicle production and rapid urbanization, finds Research Nester

The global car refrigerator market is estimated to grow majorly on account of the growing population, growing desire to travel by road among adults, increasing purchasing power, rising demand for premium products, growing sales of luxury cars in developed countries, rising awareness of comfort while travelling, along with rising in a number of vacations and road trips. It was observed that more than 75 million adults go on road trips and vacations each year by renting a vehicle or using their personal vehicle. Approximately 38% of Americans take at least one vacation each year.

The global car refrigerator market is segmented on the basis of type into compressor, absorption, and thermoelectric. The compressor segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. A number of key manufacturers in the automobile industry have begun developing innovative and technologically advanced car refrigerators which is anticipated to augment segment growth over the forecast period.

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By region, the North America car refrigerator market is to generate the highest revenue by the end of 2033. This growth is anticipated by an increase in the adoption of advanced technologies, favorable market conditions, as well as a growing demand for car refrigerators in the country. Additionally, the increasing disposable income, as well as the increasing number of passenger vehicles sold in the region, are expected to contribute to the growth of the car refrigerator market during the forecast period. A significant increase in passenger car sales from 2,300,900 units in June 2021 to approximately 3,300,000 units was observed in December 2021.

The research is global in nature and covers detailed analysis on the car refrigeratormarket 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, analysis comprising of global car refrigeratormarket 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 car refrigeratormarketwhich includes company profiling of Cool King Refrigeration Ltd., TROPICOOL, CARPIGIANI GROUP, Mobicool, PNDA, NFA, IndelB, Kingcool, Fiyilian, Congbao, 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 detailed overview of the global car refrigeratormarketthat 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 recent market research analysis of “Automotive ElastomersMarket: Global Demand Analysis & Opportunity Outlook 2033” by Research Nesterdelivers an in-depth competitors analysis and a detailed overview of the global automotive elastomersmarket in terms of market segmentation by type, applicationand by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global automotive elastomersmarket.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 is poised to gain significant momentum in the next few years.

Automotive elastomers market to find numerous growth opportunities on the back of popularity of lightweight materials for manufacturing of vehicles, finds Research Nester

The global automotive elastomers market is estimated to grow majorly on account of the rising production of vehicles worldwide. For instance, inventories of motor vehicles worldwide increased by 583,74,162 vehicles between 2000 and 2019, according to the International Organization of Motor Vehicle Manufacturers (OICA). Moreover, the growing demand for fuel-efficient vehicles, the increasing trend of electrification of vehicles, along with a rising standard of living, is projected to drive the growth of automotive elastomer market over the forecast period.

The global automotive elastomers market is segmented on the basis of application into the tire, exterior application, interior application, under the hood, weather seal application, and others. The tire segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the rapid development of high-end vehicles and the growth of tire production worldwide. The number of tires produced in India in 2021 was estimated to be 168 million. Tires are manufactured using elastomers to improve their performance. The chemical system in tire rubber consists of several intermediates that contribute to its durability, flexibility, and reliability as a sealant.

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By region, the Asia Pacific automotive elastomers market is to generate the highest revenue by the end of 2033. This growth is anticipated by the increasing demand for auto components in the region. The automobile component industry reported an increase in revenue of 22% in March 2022. Exports of auto components rose by 42% to USD 18 billion. Furthermore, number of factors are expected to drive the regional market, including the rapid growth of the automotive industry, the largest number of vehicles produced in emerging economies, such as India and China, and the affordable cost of raw materials and labor.

The research is global in nature and covers detailed analysis on the automotive elastomersmarket 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, analysis comprising of global automotive elastomersmarket 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 automotive elastomersmarketwhich includes company profiling of Huntsman International LLC, The Dow Chemical Company, LANXESS, BASF SE, Exxon Mobil Corporation, E. I. du Pont de Nemours and Company, Motherson Automotive Elastomer Technology, Covestro AG, Kuraray Elastomer Division, Continental AG, 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 detailed overview of the global automotive elastomersmarketthat 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 published a report titled “Automotive Engine OilMarket: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global automotive engine oilmarket in terms of market segmentation by technology, vehicle type, additivesand by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive engine oil market is anticipated to grow with a CAGR of ~6% during the forecast period, i.e., 2023-2033. The market is segmented by vehicle type into passenger car, light commercial v, heavy commercial vehicles, and others. Out of these, the passenger car segment is anticipated to garner the largest revenue by the end of 2033 owing to the accelerating passenger car market worldwide. According to estimates, the Indian passenger car market accounted for USD 32 billion in 2021 and is estimated to reach USD 53 billion in 2027. Moreover, the rising disposable income and rising awareness of the benefits of engine oil in vehicles among people are expected to fuel segment growth during the forecast period.

The global automotive engine oil market is estimated to garner significant revenue by the end of 2033, up from modest revenue in the year 2022. Rapid urbanization, growing crude petroleum production, rise in demand for automobiles and motorcycles in developing countries such as India and Japan, increasing exports of medium oils along with accelerating the automotive industry are some of the major factors anticipated to drive the growth of the market during the forecast period.

Geographically, the global automotive engine oil market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is projected to garner the largest revenue by the end of 2033 baked by the rise in demand and increasing sales of commercial vehicles coupled with increasing crude oil production and a huge base of customers with high purchasing power. It was observed that commercial vehicle sales grew by 8.21 % with nearly 54,000 vehicles sold in August 2021 to over 67,100 units sold in August 2022. 

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Rapid GrowthIn The Automotive Sector To Drive The Market Growth

It was observed that the automobile sector in India produced nearly 22,930,200 vehicle units in April 2021 with a modest increase from 22,600,600 units manufactured in April 2020.

The increasing awareness of the benefits of motor oil in vehicles such as the reduction of friction, and the protection and lubrication of engine parts should propel the demand for motor oil. Therefore, globally increasing development in the automotive industry worldwide along with growing demand for automobiles is projected to fuel global automotive 1engine oil market growth during the forecast period.

However, strict regulation by government towards fuel emission is expected to operate as key restraint to the growth of global automotive engine oil market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive engine oil market which includes company profiling of Valvoline, Inc., Shell Plc, Total S.A, Arabol Lubricants, LUKOIL Oil Company, Exxon Mobil Corporation, Castrol Limited, Chevron Corporation, Amsoil Inc., Sinopec Lubricant Company. 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 oilmarket 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 published a report titled “Automotive Brake System Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global automotive brake system market in terms of market segmentation by product type, application type, vehicle class and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive brake system market is anticipated to grow with a CAGR of ~5% during the forecast period, i.e., 2023-2033. The market is segmented by vehicle class into passenger cars, light commercial vehicle, heavy commercial vehicle and others. Out of these, the passenger cars segment is anticipated to garner the largest revenue by the end of 2033 owing to the rising sales and higher adoption of cars by the low income population. According to estimates, 55 million passenger cars were sold worldwide in 2021, an increase from 52 million in 2020. Moreover, advancing technology in the manufacture of passenger vehicles, and increasing demand for safety-oriented automated vehicles are anticipated to drive market growth over the forecast period. 

The global automotive brake system market is estimated to garner significant revenue by the end of 2033, up from modest revenue in the year 2022. Increasing vehicle production, electrification of vehicles, raising awareness by the government about ensuring safety features in automobiles, rising disposable income, and rapid expansion of the automobile industry are some of the major factors anticipated to drive the growth of the market during the forecast period.

Geographically, the global automotive brake system market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is projected to garner the largest revenue by the end of 2033 owing to the growing vehicle production and rising demand for commercial cars in the region. For instance, from about 103 million cars in 2011, to about 300 million in 2021, the number of cars in China has grown by an astonishing 180%. Additionally, the rise of middle-class populations, flexible financing options, improved living standards, and expansion of trade ventures are expected to drive regional markets over the forecast period.

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Growing Number Of Road Traffic Accidents To Drive The Market Growth

Worldwide, nearly 1.3 million people lose their lives in road traffic accidents each year, according to the World Health Organization.

A smart barking system for automobiles has reduced the number of accidents. Latest advancements prevent the vehicle from sliding, which reduces the possibility of accidents. There has been an increase in the number of road traffic fatalities, which has led to the adoption of robust safety features by the major players. Consequently, the rapid growth in automobile production and the increasing number of traffic accidents are expected to drive the automotive brake system market over the forecast period.

However,higher price associated with maintenance of advanced braking system are expected to operate as key restraint to the growth of global automotive brake system market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive brake system market which includes company profiling of Haldex AB, Toyota Motor Corp., General Motors Co, Ford Motor Co, Fiat Chrysler Automobiles NV, Honda Motor Co, Continental AG, Brembo Spa, Akebono Brake Industry Co., Ltd. and AISIN 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 brake 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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Research Nester published a report titled “Elderly Mobility Vehicle Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalelderly mobility vehicle market in terms of market segmentation by type, application, range, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global elderly mobility vehicle market is estimated to occupy a large amount of revenue by growing at a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the rapidly rising elderly population across the globe, and their high susceptibility to mobility disorders. Apart from these, growing technological advancements in healthcare sector, and escalating research and development activities for enhanced battery technologies are also expected to significantly drive market growth in the forthcoming years.

The market is segmented by type, application and range. Based on type, the 4-wheel segment is anticipated to occupy the largest share during the forecast period on the back of the fact that this type of the vehicles offers improved traction in dangerous driving conditions such as rocks snow and ice. Additionally, by application, the residential segment is projected to grab the largest share over the forecast period attributing to the rising economic progress in various developing countries, which in turn is predicted to raise the purchasing power of people.

Geographically, the global elderly mobility vehicle market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the high awareness about advanced mobility devices, and strong presence of major market players in the region. Moreover, the market in Asia Pacific is assessed to grow by a noteworthy rate in the future owing to the escalating geriatric population in the region.

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Rapidly Growing Elderly Population Across the Globe to Drive Market Growth

The World Bank states that 9.318 percent of the total world population was aged 65 years and above in 2020, up from 9.099 percent and 8.873 percent in the years 2019 and 2018 respectively.

The proportion of elderly population globally is rising at a rapid pace. As a result, their susceptibility to age prone mobility disorders is also increasing. Coupled with the rise in disposable income in developed and developing countries, the factor is predicted to raise the demand for elderly mobility vehicles significantly in the near future.

However, high cost of the vehicles is expected to operate as key restraint to the growth of the global elderly mobility vehicle market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global elderly mobility vehicle market which includes company profiling of Medical Depot, Inc., Invacare Corporation, Van Os Medical B.V., Pride Mobility Products Corp., Amigo Mobility International, Golden Technologies, Inc., Afikim Electric Vehicles, EV Driver LLC, Merits Co. Ltd., Hove round Corp., 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 detailed overview of the global elderly mobility vehicle market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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Research Nester published a report titled “Automotive Tubeless Tires Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global automotive tubeless tires market in terms of market segmentation by type, vehicle type, distribution channel, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive tubeless tires market is anticipated to grow with a CAGR of 6% over the forecast period, i.e., 2022 – 2031. The market is segmented by vehicle type into two wheelers, passenger cars, and commercial vehicles. Out of this, passenger car segment is anticipated to garner significant revenue in the coming years on account of the adoption of electric vehicles, an increase in the number of passenger cars in developing countries, and an increase in per capita income. In the U.S. economy from 1870 to 2018, the GDP per person has grown at ~2% per year with very short deviations. By selling 3 million new passenger cars, China boosted its sales to 170% in 2021.

The global automotive tubeless tires market is estimated to garner a revenue of USD 240 Billion by the end of 2031, up from a revenue of USD 190 million in the year 2021. Increased raise of two-wheelers, a prominent decline of flat tires with decreased repair facilities, increased production of vehicles with tubeless tires are some major factors anticipated to drive the growth of market size in the forecast period.

Geographically, the global automotive tubeless tires market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, The Asia Pacific region is projected to garner significant revenue by the end of 2031. The sales of passenger cars in the Asia Pacific and Middle East were estimated to be 33 million cars in 2021 with 20 million cars from China.

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Surge in Advancements of Technology for Safety and Reliability to Drive Market Growth

Electric vehicles are on boost with electric bikes and cars trending in the market with the advancement of electric batteries in place of fuel. The sales share of new electric cars grew from 1% in 2015 to 14% in 2020. The advancement of this technology in the tire manufacturing industry is estimated to drive the growth opportunities of the market. These tubeless tires are turned into intelligent tires with eco-friendly, and safer with more shelf life. The new advancement includes a self-sealing option where the puncture closes on its own with a squirt of liquid. This helps to reduce fuel costs and expenses in the market and aids in the conservation of fuel reserves. The consumption of fuel is reduced by 0.2% for four tires for one pound of pressure decrease. And milage can be increased by an average of 0.6% up to 3%.

However, high price of raw materials, shortage of supply, and ban of import and export which are expected to operate as key restraint to the growth of global automotive tubeless tires market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive tubeless tires market which includes company profiling ofThe Goodyear Tyre & Rubber Company, Bridgestone Corporation, Continental AG, MICHELIN Group, MRF (Madras Rubber Factory), Pirelli Tyre & C.S.p.A, Copper Tire & Rubber Company, CEAT Ltd., Yokohama Tire Corporation, Toyo Tire 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 tubeless tires 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 published a report titled “Automotive SensorsMarket: GlobalDemand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global automotive sensors market in terms of market segmentation source type, vehicle type, application, sales channel, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive sensors market is anticipated to grow with a CAGR of ~8% during the forecast period, i.e., 2022-2031. The market is segmented by vehicle type into passenger cars, light motor vehicle (LMV), and heavy motor vehicle (HMV). Out of these, the passenger cars segment is anticipated to garner the largest revenue by the end of 2031 backed by the rising demand for automobiles worldwide and the increasing supply of passenger cars. In passenger cars, the demand for automotive sensors is expected to increase exponentially following the implementation of stringent regulations mandating the installation of automotive sensors in vehicles. 

The global automotive sensors market is estimated to garner significant revenue by the end of 2031, up from modest revenue in the year 2021. Rising sales of Electric vehicles and luxury cars, increasing disposable income, government regulations related to safety and emissions reduction, pressure sensors used in vehicles, and consumers' preference for safety features are some of the major factors anticipated to drive the growth of the market during the forecast period. Moreover, the global expansion of the automobile industry is further expected to drive the global automotive sensors market during the forecast period. For instance, the Indian automotive industry is expected to grow to a value of USD 250-280 billion through 2026.

Geographically, the global automotive sensors market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is projected to garner the largest revenue by the end of 2031. The increase in industrialization, higher per capita incomes, and increased manufacturing of electric passenger cars and electric vehicles are expected to drive the regional market. Additionally, stringent vehicle safety law and increasing customer demand for self-driving vehicles are also expected to encourage sensor integration in cars manufactured in the region. 

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Globally Increasing Number of Road Accidentsto Drive the Market Growth

As per the United States Department of Transportation, nearly 2.28 million people suffered injuries in motor vehicle accidents in 2020, compared to 2.74 million in 2019. Furthermore, 38,824 people lost their lives in road accidents in the USA in 2020. 

A growing number of road accidents around the world has led to the development of autonomous emergency braking systems (AEBS) and other safety sensors to help prevent such incidents. An increase in vehicle crashes casualties, the need for fuel-efficient commercial vehicles and the sensorization of cars are expected to drive global automotive sensors market growth during the forecast period.  

However, safety and security risks associated with autonomous vehicles and lack of aftermarkets for automotive sensors are expected to operate as key restraint to the growth of global automotive sensors market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive sensors market which includes company profiling of Avago Technologies, Delphi Automotive LLP, Casco Automotive Groups, Allegro Micro Systems, Inc, CTS Corporation, Infineon Technologies AG, GE Measurement & Control Solutions, Analog Devices Inc., Denso Corporation and Curtiss-Wright. 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 sensors 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 global passenger car accessories market is anticipated to grow with a CAGR of ~7% over the forecast period, i.e., 2022 - 2031. The market is segmented by distribution channel into original equipment manufacturer (OEM), and aftermarket. Amongst these, the aftermarket segment is projected to grow at the highest rate during the forecast period on the back of the wider supply network with major distributors and the surge in e-commerce stores that are providing a huge range of car accessories.

The global passenger car accessories market is estimated to significantly grow owing to the worldwide growing occurrences of car theft, followed by the updated automobile guidelines that advise and guide people to replace or upgrade their accessories after a certain period of time. Furthermore, rise in disposable income, and a notable hype in lifestyle status across the globe are also projected to significantly drive the market growth forward during the forecast period.

Regionally, the global passenger car accessories market is segmented into five major regions comprising of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific region is estimated to witness significant growth over the forecast period owing to the swift expansion of automobile industry in the region.

The research is global in nature and covers detailed analysis on the 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, analysis comprising 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.

Growing Sales of Cars to Propel the Growth of the Market

Rising sale of cars is leading the demand for various other services, and components. Car accessories are essential to the maintenance process for vehicles, which improves their efficiency. Additionally, owners of vehicles need a variety of exterior and interior accessories, such as covers, alloy wheels, window films, dash kits, and others, for customization and to give their vehicles a comfortable and stylish look. Therefore, this factor is anticipated to drive the growth of the global passenger car accessories market over the forecast period.

However, rivalry from local manufacturers, high price of car accessories, and deficit of standards and strategies are expected to operate as key restraint to the growth of global passenger car accessories market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global passenger car accessories market which includes company profiling of Lloyd Mats, Pioneer Corporation, Cover craft Industries, LLC, Robert Bosch GmbH, Mont Blanc Group AB, Delphi Technologies, Magna International Inc., Classic Soft Trim, Alpine North America, 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 detailed overview of the global passenger car accessories 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 published a report titled “POD Taxi Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global pod taxi market in terms of market segmentation by technology, application areas, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The POD taxi marketis estimated to grab a large amount of revenue by growing at a remarkable CAGR during the forecast period, i.e., 2021 – 2029, on the back of severe effects of global warming on the environment, increasing number of road accidents, and shift in focus to use renewable power sources for running vehicles. Furthermore, as POD taxis are regarded as more cost-effective than conventional cars in the long run, the demand for these automobiles is anticipated to grow in the near future.

The POD taxi market is segmented by technology and application areas. On the basis of application areas, the segment for airports is predicted to garner the largest share in the market, which can be credited to the lesser maintenance costs of personal rapid transits (PRTs) than other airport transport systems. Along with these, PRTs are capable of providing a personalized passenger experience with better comfort and safety, which in turn is evaluated to drive growth to this market segment over the forecast period.

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Geographically, the market is segmented into five major regions, including, North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The market in Asia Pacific is projected to grow with the highest rate during the forecast period owing to the increasing investments by government agencies for transformation of public transport system and growing collaborations between local and international automobile companies in the region. It was reported that India’s total spending for implementation of POD taxi scheme cost more than USD 530 million.

Rising Environmental Consciousness to Fuel Market Growth

POD car is an environment-friendly transport concept acquiring the ability to fueled by renewable energy resources, such as solar power and electrically charged batteries. As the demand for sustainable automobiles is increasing, countries are emphasizing more towards high-end technology for vehicles that saves energy and eliminates the consumption of fossil fuels. This is assessed to boost the demand for POD taxis in the future.

However, lack of awareness and expensive installation of POD taxis are expected to operate as key restraints to the growth of global pod taxi market over the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global pod taxi market which includes company profiling of skyTran, 2 Getthere B.V., Mercedes-Benz AG (ETR: DAI), General Motors Company (NYSE: GM), Vectus Ltd., Ultra Global Ltd., Metrino-PRT, The Boeing Company (NYSE: BA), Hyperloop Technologies, 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 detailed overview of the pod taxi 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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Research Nester has released a report titled “Automotive Lightweight Material Market - Global Demand & Opportunity Outlook 2029” which delivers detailed overview of the global automotive lightweight material market in terms of market segmentation by vehicle type, material, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive lightweight material market is anticipated to witness significant CAGR during the forecast period, i.e., 2021-2029, on the back of increasing demand for passenger cars backed by growing population and increasing disposable income. Moreover, rising public awareness towards energy conservation is estimated to boost the demand for lightweight material for manufacturing of the cars, as vehicles made from this material consume less fuel.

The global automotive lightweight material market is segmented by vehicle type into light-duty, heavy-duty, electric vehicles, and others, out of which, the electric vehicle segment is estimated to garner the largest share by the end of 2029. This growth can be attributed to the increasing manufacturing of electric cars backed by the investment from major market players in this segment. On the basis of material, the plastic segment is estimated to hold a significant CAGR during the forecast period owing to its varied application in the manufacturing of vehicle interior.

Regionally, the global automotive lightweight material market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Among these, the market in the North America is projected to garner the largest share in the forecast period on the back of increasing sale of electric cars, combined with increasing personal disposable income.  Developed economies, such as, Canada and U.S.A are currently the major consumer of electric cars. The sale of electric vehicles (EV) in the U.S. crossed the mark of 240,000 vehicles in the year 2019. Moreover, strict government regulations regarding energy efficient vehicles is estimated to promote the market growth. Government initiatives, such as, Corporate Average Fuel Economy (CAFE) standards by the National Highway Traffic Safety Administration (NHTSA) which regulate the manufacturing of light-duty vehicles, are further estimated to boost the market growth.

The market in the Asia Pacific is anticipated to attain the highest CAGR during the forecast period owing to the increasing demand for passenger cars, backed by growing population and changing consumer lifestyle in countries, such as, China and Japan. Japan is one of the major producers of cars, on the back of presence of major vehicle manufacturing companies. In the year 2020, more than 6 million cars were manufactured in Japan.

Growing Manufacturing and Sale of Cars to Boost the Market Growth

The global sale of passenger cars amounted to almost 61 million in 2020. This is estimated to increase up to 70 million cars in 2021.

The changing urban lifestyle and increasing personal disposable income has raised the demand for passenger cars around the world. The growing manufacturing and sale of vehicles is, in turn, expected to boost the demand for lightweight material amongst the car manufacturers. Lightweight material enhances the fuel efficiency of the vehicle without compromising the performance of the engine, which is foreseen to significantly promote the market growth.

The report also provides the existing competitive scenario of some of the key players of the global automotive lightweight material market, which includes company profiling of BASF SE (ETR: BAS), Convestro AG (ETR: 1COV), LyondellBasell Industries Holdings B.V.(NYSE: LYB), TORAY INDUSTRIES, INC. (TYO: 3402), thyssenkrupp AG (ETR: TKA), Novelis Group (Hindalco Industries Limited), Alcoa Corporation
(NYSE: AA), Trinseo LLC (NYSE: TSE), LANXESS AG (ETR: LXS), and Borealis AG 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 lightweight material 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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“ Delivery RobotMarket : Global Demand Analysis & Opportunity Outlook 2029” which delivers a detailed overview of the global delivery robot market in terms of market segmentation by component, load carrying capacity, number of wheels, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, constraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The segmented by number of wheels into three, four, six wheels, and others, out of which, the six wheels segment is projected to hold the largest market share by the end of 2020, on account of the numerous benefits associated with six-wheeled robot chassis as compared to other wheel types. Further, the six-wheeled robot chassis can travel through bumpy roads or un-even surfaces owing to its multi-degree-of-freedom (MDOF) wheel configuration, which is further anticipated to drive the segment growth.

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The global delivery robot market is anticipated to grow with a moderate CAGR during the forecast period, ie, 2020-2029, owing to the growing need for contact-less deliveries among businesses and customers, backed by the growing concern for the COVID-19 pandemic . Moreover, the increasing need among business organizations to serve their customers with a variety of delivery options, and the need to optimize their operational costs for last-mile delivery, are some of the factors anticipated to contribute to the market growth.

Regionally, the global delivery robot market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa regions, out of which, the market in North America is projected to grab the largest market share by the end of 2029 on account of the supportive initiatives of the government for deploying such robots, and the growing adoption of these robots in several states in the United States, such as Ohio, Florida, Wisconsin, Idaho, Virginia, and others.

Growing Need Among Businesses to Optimize their Last-Mile Delivery Costs

Businesses around the globe are increasingly focusing on optimizing their last-mile delivery costs as this process consumes more than sixty percent of the overall logistic costs. Moreover, as last-mile delivery plays an important role in the overall customer satisfaction index, hence, businesses are finding different ways to make their service delivery unique, so as to increase their business revenue in the long run. As a result, companies are increasingly partnering with automated robot manufacturers to deploy such robots into their supply chain process, which is anticipated to drive market growth in the coming years. Moreover, the shift in trend for online shopping among consumers, followed by the need for contact-less deliveries owing to the COVID-19 pandemic,

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However, the high cost of the product and the unavailability of proper robot infrastructure in several nations for operating theses, are some of the factors expected to operate as key constraints to the growth of the global delivery robot market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global delivery robot market which includes company profiling of Starship Technologies, Nuro, Inc., Savioke, Inc., Tele Retail, Box Bot Inc., Agility Robotics, ST Engineering Aethon, Inc., Panasonic Corporation (OTCMKTS: PCRFY), and Amazon Robotics. 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 delivery robot market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities,     

Research Nester published a report titled “ Tire Cord Market : Global Demand Analysis & Opportunity Outlook 2035 ” which delivers a detailed overview of the global tire cord fabric in terms of market segmentation by material, tire type, application, vehicle type and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, constraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global tire cord fabric market is anticipated to grow with a CAGR of ~7% during the forecast period, ie 2023-2035. The market is segmented by vehicle type into passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others. Out of these, the passenger cars segment is anticipated to garner the highest revenue by 2035, owing to its increased sales and production worldwide.

The global tire cord fabric market is estimated to generate a revenue of ~USD 25 Billion by the end of 2035, up from a revenue of ~USD 7 Billion in 2023. Tire cord fabrics are used in the tire manufacturing process as a reinforcing material to eliminate the chances of deformation, and to provide strength and abrasion resistance properties. Tire cord fabrics are also used in the manufacture of rubber hose, air springs, expansion joints, and conveyor belts and many other things owing to its advantages. Further, the growing concern of reducing greenhouse gas emissions, as well as rising demand for economical fuel-efficient vehicles, are some of the factors expected to drive market growth over the forecast period.

Geographically, the global tire cord fabric market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimate to garner the largest market share by the end of 2035, on the back of increased sales and production of vehicles.

The research is global in nature and covers detailed analysis on the market in North America (US, Canada), Europe (UK, 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, analysis comprising market size, YOY growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc.

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Rise in Demand and Sales of Automobiles to Drive the Market Growth

To avoid road accidents, the automotive industry is heavily reliant on robust tires. The great stability that is provided by tire cord fabric is expected to drive its demand in the future. Additionally, tire cord fabric is beneficial for improving vehicle performance and lowering fuel consumption by absorbing a greater amount of weight and pressure for a longer period of time. The global demand for electric vehicles, luxury and premium vehicles, and self-driving cars in the automotive industry is expected to boost the tire cord market during the forecast period. As per recent estimates, the global sales of luxury and sports cars in 2026 are expected to rise to 200K and 919K respectively.

However, high costs of raw materials coupled with increased preference of re-treading in the commercial car sector is expected to operate as key restraints to the growth of the global tire cord fabric market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global tire cord fabric market which includes company profiling of Indorama Ventures Public Company Limited, Kolon Industries, Inc., Mitsubishi Chemical Corporation, Hyosung Group, Toray Industries, Inc. , Solvay SA, SGL CARBON SE, Bridgestone Corporation, Arkema group, KORDSA TEKNİK TEKSTİL ANONİM ŞİRKETİP, BASF and others.The profiling enfolds key information of the companies which contain business overview, products and services, key financials and recent news and developments. On the whole, the report depicts a detailed overview of the global tire cord fabric market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities,     

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research analysis on “Blind Spot MonitorMarket: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global blind spot monitor market in terms of market segmentation by vehicle type, product type, technology, end user, and by region

Growing Concern for the Road Safety to Promote Global Market Share of Blind Spot Monitor

The global blind spot monitor market is estimated to grow majorly on account of the rising instances of the road accidents followed by rising issues of the parking and others. A car in India is parked more than 95% of the time and driven only 5% of the time. Furthermore, an automobile sits for an average of 8,360 hours every year and is only driven for approximately 400 hours. Moreover, every year, 1.35 million people are killed on the world's roadways, according to the World Health Organization. Every day, around 3,700 persons are injured in car, bus, motorcycle, bicycle, truck, or pedestrian accidents worldwide. Numerous vehicles on the road today have driver assistance technology, which aids in the saving of lives and the prevention of injuries on our nation's highways. While certain driver aid technologies are designed to warn you if you are about to collide.  Moreover, blind spot warnings can help drivers avoid colliding with another car driving in the same way in an adjacent lane or parked in a constricted parking space.

Besides this, the rising demand for the vehicles and its higher production is also expected to boost the market growth. In 2027, unit sales in the luxury cars market segment are expected to reach 217,000 vehicles.

Furthermore, vehicle production in Germany increased for the ninth month in a row in February 2023, with nearly 382,600 passenger cars rolling off the assembly lines. In addition to this, around 700,000 autos were produced in January and February 2023, representing a 26% rise year on year.

Some of the major growth factors and challenges that are associated with the growth of the global blind spot monitor market are:

Growth Drivers:

• Surge Incidences of Vehicle Crashes
• Rising Need for Advanced Safety Systems

Challenges:

The blind spot monitor's high cost and sophisticated components increases the cost of the overall vehicles, as well as its poor performance in inclement weather are some of the major factors anticipated to hamper the global market size of blind spot monitor. In a camera-based sensor, sometimes the visibility of obstruction is compromise due to bad weather, such as rain and fog. Thus, makes reduces the efficiency of the camera sensors. On the other hand, blind spot monitors are not always 100% accurate and reliable which is also a primary concern and is expected to impede the market growth. The efficiency of the blind spot monitor varies with different vehicles. In some vehicles it is designed to respond at only high speed and it dies not detect other vehicle about to collide the stationary or slow speed vehicles. Moreover, sometimes these sensors activate and make noises even in slight inconvenience. Therefore, these factors restrict the popularity of the blind spot monitors.

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By product type, the global blind spot monitor market is segmented into park assist, backup camera, surround view & virtual pillar, and BSD.  The park assist segment is to garner a highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The segment's growth can be expected on the account of the rising difficulties consumers confront when just parking their cars.  Parking issues are more prevalent in areas where land is scarce and expensive, such as in cities, where increasing parking demand places a strain on available space. It is also projected that a reverse parking-assist system might avert the majority of all reverse and parking accidents. The increased number of automobile collisions is primarily responsible for market growth. One out of every five car accidents occur in a parking lot or garage around the world. Furthermore, an estimated 50,000+ crashes occur in parking lots worldwide each year, resulting in hundreds of deaths and thousands of injuries. Pedestrians account for roughly 40% of all parking lot fatalities.

By region, the North America blind spot monitor market is to generate the highest revenue by the end of 2035. The market's expansion can be expected mostly to the rising demand for autos and luxury vehicles. Luxury car unit sales in the United States are expected to reach 92,000 vehicles by 2027. Furthermore, as of March 2023, the total number of new vehicles sold in the United States was around 1 million. This is around 9% greater than a year ago, in March 2022. On the other side, increased incidence of automobile crashes and traffic accidents are ascribed to market expansion. In 2021, an estimated 43,000 people will be killed in traffic accidents, an 11% increase from the 38,824 fatalities in 2020 and the highest rate since 2005.

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This report also provides the existing competitive scenario of some of the key players of the global blind spot monitor market which includes company profiling of Robert Bosch GmbH, Delphi Powertrain Systems Operations Luxembourg S. à r.l., Continental AG, ZF Friedrichafen AG, Auto liv Inc., Denso Corporation, Texas Instruments Incorporated, WABCO Holdings, Magna International, Inc., and Ficosa Internacional SA.

Research Nester’s recent market research analysis on “Application Lifecycle Management Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global application lifecycle management market in terms of market segmentation by component, enterprise size, end-user, and by region.

Growing Use of ALM in the Healthcare Sector to Boost the Growth of Global Application Lifecycle Management Market

The global market for application lifecycle management is estimated to grow on account of growing use of ALM in healthcare sector. In the healthcare industry, companies commonly employ updates or customized applications. Because of this, organizations need a good strategy for managing development projects from the very beginning if they are to achieve the capacity and efficacy of frequent deployments. As a result, ALM is becoming more and more necessary in the healthcare industry.

Another factor influencing the rise of the application lifecycle management market share globally is the rising demand for high-quality software and sustaining productivity. Quality software is essential for businesses to optimize their applications more effectively in the current economic climate. Industry delivery procedures, high-quality software, and services are becoming more and more important. increasing business demands for productive and high-quality software. To monitor quality, save rework, and provide precise goods, ALM offers traceability features.

Some of the major growth factors and challenges that are associated with the growth of the global application lifecycle management market are:

Growth Drivers:

• Growing Cyberattack on Application
• Rise in Need for Application Lifecycle Management by IoT Manufacturers

Challenges:

The elimination of cultural barriers is the key hurdle preventing organizations from utilizing ALM solutions. Because so many organizations continue to employ outdated methods, the adoption rate of new ALM solutions is being hampered. Organizations’ continuous reliance on outdated techniques, which continue to yield higher overall output, hinders the development of new ones. Organizations’ biggest roadblock while attempting to transition from legacy to new approaches is the high expense of building the full infrastructure. Organizations’ trade-offs between new investment, expense, complexity, and return on investment (ROI) vs maintaining the current system are impeding the adoption of new technology.

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By component, the market for application lifecycle management is segmented into software, cloud-based, and services. Out of these segments,

the software segment is anticipated to have significant growth over the forecast period. Teams of various sizes are able to produce high-quality apps with more speed and agility thanks to the ALM software. The software continuously manages the following tasks: gathering requirements, estimating, planning, designing, developing, testing, QA, deployment, DevOps, and application support and maintenance. The communication and collaboration between teams are enhanced by the adoption of ALM software using agile and DevOps technology.

By region, the market in Europe for application lifecycle management is set to have noteworthy growth over the forecast period. Following the economic downturn, a number of changes have been made to the financial and commercial landscape of international markets. Due to these circumstances, a number of industry participants in the Europe application lifecycle management (ALM) software market have been forced to adopt a more flexible strategy.

This report also provides the existing competitive scenario of some of the key players of the global application lifecycle management market which includes company profiling of Atlassian, IBM Corporation, Microsoft Corporation, Open Text Corporation, Broadcom Inc., Siemens Limited, Collab Net Corporation, VersionOne, Inc., Inflectra Corporation, Perforce Software, Inc., and others.

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Research Nester’s recent market research analysis on “Centrifugal Pump Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global centrifugal pump market in terms of market segmentation by type, operation, stage, application, end users, and by region.

Growing Demand for More Electricity to Promote Global Market Share of Centrifugal Pump

The global centrifugal pump market is estimated to grow majorly on account of the rising generation of electricity and the setup of new power plants. Centrifugal pumps circulate water through feedwater heaters, where the water is preheated before entering the boiler. This improves the overall thermal efficiency of the power plant. Permission for coal power plants and new project announcements increased considerably in China in 2022, with fresh permits reaching a record high since 2015. China's coal power capacity began building six times greater than the rest of the world's combined.

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Furthermore, the rising initiatives for treating wastewater and the higher need for water desalination are also expected to boost the market growth of centrifugal pumps. Centrifugal pumps are employed to draw seawater from the ocean into the desalination plant. These pumps are designed to handle the corrosive nature of seawater and to withstand the challenging marine environment. Clean, fresh drinking water is essential for human survival. Nearly 1 billion people globally do not have access to it. Desalination is becoming a preferred solution to this problem.

Some of the major growth factors and challenges that are associated with the growth of the global centrifugal pump market are:

Growth Drivers:

·        Surging Water Desalination Process

·        Integration of New Technology in Centrifugal Pump

Challenges:

There are various additional expenditures in centrifugal pumps that is one of the major factor that anticipated to hamper the global market size of centrifugal pumps. Centrifugal pumps must be serviced on a regular basis to ensure peak performance and avoid breakdowns. Moreover, maintenance downtime can disrupt industrial processes and result in productivity losses. On the other hand, the lack of professional workers is also expected to stifle market growth. The centrifugal pump industry requires skilled professionals for design, installation, and maintenance. A shortage of skilled workers in the field can limit the growth potential of the market

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On the basis of stage, the global centrifugal pump market is segmented into single-stage and multistage. Out of the two, the single-stage segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR of 6% over the forecast period. Furthermore, based on various applications of centrifugal pumps including industrial, commercial, agriculture, and residential. The industrial segment is anticipated to dominate the market growth over the projected time frame.

By region, Europe's centrifugal pump market will be responsible for the notable revenue by the end of 2035. Centrifugal pump manufacturers are focusing on developing more energy-efficient pumps to comply with stringent energy efficiency regulations in Europe. As companies seek to reduce energy consumption and lower their environmental impact, there is a growing preference for modern, efficient centrifugal pumps. Furthermore, growing demand for centrifugal pumps in the chemical and food & beverage industry is also expected to drive market growth in the region.

This report also provides the existing competitive scenario of some of the key players of the global centrifugal pump market which includes company profiling of Flowserve Corporation, Schlumberger Ltd, Baker Hughes Company, KSB SE & Co. KGaA, Weir Group PLC, CPC Pumps International, Inc., Ebara Corporation, Xylem, Grundfos Holdings A/S, and ITT Inc.

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