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Vehicle Analytics Market Analysis -

The Global Vehicle Analytics Market is growing rapidly. The market growth attributes to the increasing uptake of vehicle intelligence. Besides, increasing implementation of advanced technologies like artificial intelligence, machine learning, and predictive maintenance offering real-time data analysis drive the market growth. Moreover, rising uses of data collected by sensors and GPS tracking devices to improve traffic management escalate market demand.

According to Market Research Future (MRFR), the global vehicle analytics market is estimated to create a valuation of approximately USD 4.3 BN, growing at 24% CAGR throughout the projected period. Inventions and developments of new vehicle analytics software drive the market growth, replacing outdated technology. Also, upgrades and advances in vehicle analytics solutions accelerate the growth of the market.

Additionally, augmenting demand for efficient vehicle analytics platforms to control the traffic volume and transport needs boosts the market size. Growing traffic issues due to the increasing population in the city and urbanization influence the growth of the market. Technological advancements provide a vast impetus to the market growth, allowing accessibility and availability of various automatic devices.

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Also, rising R&D investments made by market key players substantiate market growth. Besides, government initiatives & funding to promote vehicle analytics systems and increased smart city projects positively impact the market growth, upgrading automatic traffic handling devices.

COVID-19 Impact on the Global Vehicle Analytics Market

Carpooling was anticipated to have the largest proportion of all mobility services by 2025 as a result of government legislation and increased awareness about the importance of reducing greenhouse gas emissions. However, due to the emergence of COVID-19, it is projected that owned car usage will outnumber carpooling in order to stop the virus’s transmission and maintain social distancing. This would raise the amount of data generated for vehicle analytics even further. However, the installation of vehicle analytics solutions in new cars is unlikely to rise much. Automobile sales have deteriorated as a result of the economic slump.

Global Vehicle Analytics Market — Competitive Analysis

Highly competitive, the vehicle analytics market appears fragmented, with several well-established players forming a competitive landscape. To gain a significant competitive share, industry players adopt growth strategies, such as mergers& acquisitions, collaborations, expansion, and product & technology launches.

The already competitive nature of the market would intensify further as more products and new players enter this market. Given the increasing government regulations and consumer demand for traffic safety & advanced features, the market is expected to witness relentless innovations and new products.

Major Players:

Players leading the vehicle analytics market are Genetec (Canada), SAP SE (Germany), Microsoft Corporation (US), CloudMade (Ukraine), IBM Corporation (US), Intelligent Mechatronic Systems (Canada), Teletrac Navman (US), Harman International Industries, Inc. (US), Inseego (US), Inquiron (US), Agnik LLC (US), and Automotive Rentals (ARI) (US), among others.

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Market Segmentation

The global vehicle analytics industry has been segmented into component, deployment, application, and end-user.

By component, the global vehicle analytics industry has been segmented into software and services.

By deployment, the global vehicle analytics market has been segmented into on-premise and on-demand.

By application, the global vehicle analytics industry has been segmented into predictive maintenance, traffic management, and infotainment.

By end-user, the global vehicle analytics market has been segmented into BFSI, healthcare, travel & hospitality, service providers, government, automotive dealers, fleet owners, insurers, and others.

Regional Analysis

Region-wise, the global vehicle analytics market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.

North America is the largest market shareholder in the global vehicle analytics industry, followed by Europe and the Asia Pacific. The North America area’s growth is mostly related to the rising installation of modern technologies such as artificial intelligence, machine learning, and predictive maintenance in order to perform real-time data analysis in the region. It makes use of data gathered by sensors and GPS tracking devices. The region also has a well-established infrastructure which allows easy implementation of advanced technologies as well. The Asia Pacific region, on the other hand, is predicted to develop at the fastest rate during the projection period. China mostly leads the Asia Pacific region’s growth due to the presence of a large manufacturing base, and China is also keeping pace with the North American region in terms of car manufacturing annually.

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About Market Research Future -

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com


Telematics in Automotive Market Overview:

Automotive telematics deals with the incorporation of telecommunication, data processing and vehicular technology in automobiles. Market Research Future (MRFR) has published a report stating that the global telematics in automotive market is marked to expand remarkably at a CAGR of 20% during the forecast period.

Telematics in Automotive Market Drivers and Restraints:

increasing incidences of road accidents and vehicular mishaps have created the emergence of improvement in automobiles with the help of advanced technology. Automotive telematics includes various essential operations such as automatic driving systems, driving assistance systems, GPS navigation, vehicular emergency warning systems, wireless safety communications and others. Increasing adoption of advanced technology for enhancing driving experience and improving vehicle and passenger safety is propelling the growth of the global telematics in automotive market.

High demand for mobility solutions and government regulations on safety measures for domestic as well as commercial vehicles are some other factors that are driving the global telematics in automotive market. However, lack of skilled professionals and high maintenance and installation cost of automotive telematics are likely to impact negatively on the expansion of the global telematics in automotive market during the forecast period.

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Key players:

The leading players profiled by MRFR that are operating in the global telematics in automotive market are Trimble, Inc. (the U.S.), Masternaut Limited (France), TomTom International B.V. (Netherlands), Telogis (the U.S.), and Visteon Corporation (the U.S.). Continental AG (Germany), Airbiquity, Inc. (the U.S.), AT&T Inc. (the U.S.), Delphi Automotive PLC (the U.K.), Harman International Industries, Inc. (the U.S.), Robert Bosch GmbH (Germany), Trimble Inc. (the U.S.), and Verizon Communications, Inc. (the U.S.) and others.

Telematics in Automotive Market Segmentation:

The global telematics in automotive market has been segmented on the basis of type, application, systems, distribution channel and vehicle type. Based on type, the global telematics in automotive market has been segmented into embedded, integrated and tethered. based on application, the telematics in automotive market has been segmented into vehicle tracking, fleet management, satellite navigation, vehicle safety communication and others.

Based on systems, the telematics in automotive market has been segmented into driving assistance, telematics control unit, global positioning system (GPS), vehicle tracking systems, vehicular emergency warning systems and others. Based on vehicle type, the global telematics in automotive market has been segmented into passenger car, light commercial vehicles and heavy commercial vehicles. Based on distribution channel, the telematics in automotive market has been segmented into OEM and aftermarket.

Telematics in Automotive Regional Analysis:

Geographically, the global telematics in automotive market has been segmented into four major regions such as Asia Pacific, Europe, North America and the rest of the world. The North America region is forecasted to dominate the global telematics in automotive market. Increasing adoption of automotive telematics system for improving vehicle and passenger safety and easy adoption of advanced technology to enhance vehicle performance are fueling the growth of the telematics in automotive market in this region.

The presence of large number of automotive telematics system manufacturers and increasing global export of automotive are driving the telematics in automotive market in the Europe region. Increasing demand for wireless communication system in passenger, as well as commercial vehicles, is propelling the expansion of the telematics in automotive market in the Asia Pacific region.

Industry Updates:

In October 2018, Samsung Electronics is launching two new automotive solution brands named Samsung Exynos Auto and Samsung ISOCELL Auto. Among these, Exynos Auto aids automotive manufacturers to develop cutting-edge applications such as advanced driving assistance systems (ADAS), infotainment and telematics.

In October 2018, Automotive Grade Linux, an open source project hosted by the Linux Foundation, has announced the release of Unified Code Base (UCB) 6.0 which includes software profiles for telematics and instrument cluster

In October 2018, Greenbriar Equity Group has acquired Spireon Inc., a fast-growing automotive telematics provider.

In October 2018, The Floow, an automotive telematics specialist, has launched FloowFleet which is a telematics platform specially designed for commercial insurers serving fleet with 25 or fewer light-duty vehicles.

In September 2018, Ford, a multinational automaker company, has announced that it will be launching two new connected vehicle solutions. Ford telematics and Ford data services solutions will be made available for European fleet customers early next year.

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About Market Research Future -

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com


 

 

 

 

  Market Summary -

 

 Multi Camera System Market Overview:

The chief automotive producers are increasingly advancing Multi Camera System Market 2022. The telematics and infotainment reports are formed by Market Research Future, which covers market options for progress. The market is estimated to see productive CAGR growth in the forecast period.

The widespread and intensifying use of advanced driver assistance systems is projected to guide the progress of the multi camera system market share in the coming period. The growing production levels are estimated to drive the advance of the multi camera system market in the upcoming period. Also, the upsurge in safety concerns due to escalation in car accidents is predicted to transform the multi camera system market’s potential in the future.

Multi Camera System Market Competitive Analysis 

The proficiency of contestants to encourage transformation in the market is growing at a fixed rate in the approaching period. The backing from administrative bodies around the world is escalating because the market requires an additional impetus to attain regularity in such a situation. The stress on modernization is appraised to see an upswing in the coming years, as the user requirements have to be tackled in an improved manner to safeguard the revival of the worldwide market.

Additionally, the prerequisite to espouse a speedy and lucrative method of management is expected to influence the market in the approaching period. The conflict in the forces of demand and supply is appraised to produce a measured development context in the market. The prerequisite to alleviate losses borne by the current public health crisis is appraised to be the sole focus of the market candidates in the forthcoming years. Also, the necessity to boost businesses is estimated to takes into account the influence of their decisions is appraised to shape the expansion of the market in the forthcoming phase.

The strategic companies in the multi camera system market are Continental (Germany), Delphi (UK), Magna (Canada), OmniVision Technologies (US), Valeo (France), Clarion (Japan), Texas Instruments (USBosch (Germany), Xilinx (US), Samvardhana Motherson Reflectec (Germany), and Ambarella (US) to name a few

Multi Camera System Market Segmental Analysis 

The segmental insight into the multi camera system market is conducted on the basis of function, vehicle type, display and region. Based on the function, the multi camera system market is divided into parking and ADAS. On the basis of vehicle type, the multi camera system market is segmented into commercial vehicle and passenger vehicle. Based on the display, the multi camera system market is split into 2D AND 3D. Based on the regions, the multi camera system market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa.

Detailed Regional Analysis 


Hydrostatic Transmission Market Highlights

Hydrostatic transmission is used in applications, which require high torque at low speed. Hydrostatic transmission refers to a transmission system, which uses pump, motor, and prime mover to transmit the torque at low speed. The power transmission is required in heavy machinery, which will not function efficiently with the usual mechanical transmission system, which is the key factor of the hydrostatic transmission market. Hydrostatic transmission gives precise power transmission, which is used in construction, mining, and agriculture and require heavy-duty equipment. Hydrostatic transmission is used in power generation systems such as wind turbine generators, and diesel generators. Hence, the demand for hydrostatic transmission systems is increasing. One trend which drives the adoption of medium duty equipment with hydrostatic transmission.

Hydrostatic Transmission market is predicted to witness ~4% CAGR by the Forecast Period.

Key Players

The prominent players in the hydrostatic transmission market include Eaton Corporation Plc. (Dublin), Parker Hannifin Corporation (US), Kanzaki Kokyukoki Mfg. Co., Ltd (Japan), and Dana Incorporated (US). Danfoss A/S (Denmark) and CARRARO Group (Italy), Kawasaki Heavy Industries, Ltd. (Japan), Poclain Hydraulics (China), Robert Bosch GmbH (Germany), and Linde Hydraulics GmbH & Co. KG (Germany) are among others.

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Market Research Analysis

In terms of region, the global market for hydrostatic transmission are segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold the major market share over the forecast period. The region is marked by an increase in demand for heavy lifting equipment in several industries such as mining.

In Asia-Pacific, countries such as India and China held significant investment in infrastructure and road development, which require heavy machinery and equipment and fuel the growth of hydrostatic transmission systems during the forecast period. In North America, the demand for off-road vehicle has been increasing due to the growth of US and Canada markets. Europe market is expected to grow due to wood harvesting equipment and machinery, which require the use of hydrostatic transmission. The increase in demand for energy efficient hydrostatic transmission in major developing nations will enhance the growth of the global market.

Scope of the Report

This study provides an overview of the global hydrostatic transmission market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global hydrostatic transmission market by capacity, operation type, application and regions.

By Capacity

  • Light Duty

  • Medium Duty

  • Heavy Duty

By Operation Type

  • VDM-CDP

  • VDP-CDM

  • VDM-VDP

By Application

  • Agriculture

  • Construction & Mining

  • Logistics & Transport

  • Others

By Regions

  • North America

  • Asia-Pacific

  • Europe

  • Rest of the World

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Hydraulic Gear Pump Market Overview

Hydraulic Gear Pumps Market provides more accurate temperature stabilization, improved fuel economy, and reduced noise as compared to conventional mechanical pumps. Hydraulic gear pumps fully align with the energy efficiency initiatives and in high demand across various industry verticals. They are mainly used in civil engineering and construction, agriculture, industrial vehicles, and other equipment and systems. Market Research Future (MRFR) has published a research report on the global hydraulic gear pumps market and has predicted a CAGR of 4% over the forecast period of 2018 to 2023.

The demand for construction equipment is rising at a torrid pace against the backdrop of the expanding construction industry. The economic upturn in various regions has resulted in increased investment in real estate. Additionally, reconstruction of existing building structures has further resulted in the expansion of the construction industry and in turn, expansion of the hydraulic gear pump market. The growing emphasis on infrastructural development, especially in developing countries, has further broadened the scope of the market.

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The increasing level of automation and the use of machinery in the agriculture sector has set a positive tone for the growth of the market. Furthermore, technological advancements in hydraulic pumps market are likely to influence the market growth considerably.

On the contrary, the growth of the hydraulic gear pump market might be dampened by various disadvantages associated with them. In spite of being low cost and being able to work with higher levels of contamination, they produce dirt which makes them unsuitable for a number of industrial systems. Moreover, they are not ideal for usage in high-performance systems. Hydraulic gear pump components can easily be replaced with a minimal investment which reduces the demand for new pumps. This too remains a hindrance to the growth of the market.

Competitive Landscape

Prime players include Dynamatic Technologies Limited, Eaton Corporation Plc, Bosch Rexroth AG, Kawasaki Heavy Industries, Ltd, Linde Hydraulics GmbH & Co. Kg, HYDAC, Parker Hannifin Corp, Marzocchi Pompe S.p.A., Sapricon Hydraulic Industries, Daikin Industries, Ltd., Bucher Hydraulics GmbH, Gemma Automotive, and others.

Industry Updates

May 2019 — Veljan, fluid power pump, and motor manufacturing company has launched its new hydraulic gear pump series, the C-Series gear pumps. The pumps are built using high strength cast iron and the maximum speed, and flow rate of this C-series pump is 3000 rpm and 17 gpm respectively.

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Market Segmentation

The global hydraulic gear pump market has been segmented based on vehicle type, product type, operating pressure, application, and distribution channel.

By vehicle type, the hydraulic gear pump market has been segmented into light-duty vehicles, heavy duty vehicles, and material handling vehicles.

By product type, the hydraulic gear pump market has been segmented into external gear pump and internal gear pump.

By operating pressure, the hydraulic gear pump market has been segmented into less than 100 Bar, 100–300 Bar, and above 300 Bar.

By application, the hydraulic gear pump market has been segmented into hybrid propulsion, transmission/clutches, electrohydraulic powered steering, and lifting application.

By distribution channel, the hydraulic gear pump market has been segmented into original equipment manufacturer (OEM) and aftermarket.

Regional Analysis

By region, the hydraulic gear pump market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The global market was led by North America in 2017, and its dominance is expected to continue a similar growth pattern throughout the forecast period. The region has a substantial number of construction equipment manufacturers such as Zoom Lion, Caterpillar, and JCB which combined the expanding construction sector provides fuel for the growth of the market.

Europe is estimated to account for an advantageous share of the market over the forecast period. The region is concentrated with major market players such as HYDAC, Marzocchi Pompe S.p.A. Linde Hydraulics GmbH & Co. Kg, Bosch Rexroth AG, Eaton Corporation Plc, Bucher Hydraulics GmbH which acts as an advantage for the growth of the market. Moreover, revival in the construction industry in the region has provided an impetus for the growth of the hydraulic gear pump market.

The APAC hydraulic gear pump market is anticipated to capture the highest CAGR over the forecast period. The growth of the market can be credited to rapid industrialization in the region. Hydraulic gear pumps find application across diverse industry verticals. Expanding agriculture, automotive, and construction industry are favoring the growth of the market.

The RoW market is anticipated to be driven by increasing demand for hydraulic gear pumps from various countries such as Saudi Arabia, UAE, and Iran for oil exploration activities.

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Hydraulic Gear Pump Market Overview

Hydraulic Gear Pumps Market provides more accurate temperature stabilization, improved fuel economy, and reduced noise as compared to conventional mechanical pumps. Hydraulic gear pumps fully align with the energy efficiency initiatives and in high demand across various industry verticals. They are mainly used in civil engineering and construction, agriculture, industrial vehicles, and other equipment and systems. Market Research Future (MRFR) has published a research report on the global hydraulic gear pumps market and has predicted a CAGR of 4% over the forecast period of 2018 to 2023.

The demand for construction equipment is rising at a torrid pace against the backdrop of the expanding construction industry. The economic upturn in various regions has resulted in increased investment in real estate. Additionally, reconstruction of existing building structures has further resulted in the expansion of the construction industry and in turn, expansion of the hydraulic gear pump market. The growing emphasis on infrastructural development, especially in developing countries, has further broadened the scope of the market.

Get a Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6768

The increasing level of automation and the use of machinery in the agriculture sector has set a positive tone for the growth of the market. Furthermore, technological advancements in hydraulic pumps market are likely to influence the market growth considerably.

On the contrary, the growth of the hydraulic gear pump market might be dampened by various disadvantages associated with them. In spite of being low cost and being able to work with higher levels of contamination, they produce dirt which makes them unsuitable for a number of industrial systems. Moreover, they are not ideal for usage in high-performance systems. Hydraulic gear pump components can easily be replaced with a minimal investment which reduces the demand for new pumps. This too remains a hindrance to the growth of the market.

Competitive Landscape

Prime players include Dynamatic Technologies Limited, Eaton Corporation Plc, Bosch Rexroth AG, Kawasaki Heavy Industries, Ltd, Linde Hydraulics GmbH & Co. Kg, HYDAC, Parker Hannifin Corp, Marzocchi Pompe S.p.A., Sapricon Hydraulic Industries, Daikin Industries, Ltd., Bucher Hydraulics GmbH, Gemma Automotive, and others.

Industry Updates

May 2019 — Veljan, fluid power pump, and motor manufacturing company has launched its new hydraulic gear pump series, the C-Series gear pumps. The pumps are built using high strength cast iron and the maximum speed, and flow rate of this C-series pump is 3000 rpm and 17 gpm respectively.

Request For Customization @ https://www.marketresearchfuture.com/ask_for_customize/6768 

Market Segmentation

The global hydraulic gear pump market has been segmented based on vehicle type, product type, operating pressure, application, and distribution channel.

By vehicle type, the hydraulic gear pump market has been segmented into light-duty vehicles, heavy duty vehicles, and material handling vehicles.

By product type, the hydraulic gear pump market has been segmented into external gear pump and internal gear pump.

By operating pressure, the hydraulic gear pump market has been segmented into less than 100 Bar, 100–300 Bar, and above 300 Bar.

By application, the hydraulic gear pump market has been segmented into hybrid propulsion, transmission/clutches, electrohydraulic powered steering, and lifting application.

By distribution channel, the hydraulic gear pump market has been segmented into original equipment manufacturer (OEM) and aftermarket.

Regional Analysis

By region, the hydraulic gear pump market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The global market was led by North America in 2017, and its dominance is expected to continue a similar growth pattern throughout the forecast period. The region has a substantial number of construction equipment manufacturers such as Zoom Lion, Caterpillar, and JCB which combined the expanding construction sector provides fuel for the growth of the market.

Europe is estimated to account for an advantageous share of the market over the forecast period. The region is concentrated with major market players such as HYDAC, Marzocchi Pompe S.p.A. Linde Hydraulics GmbH & Co. Kg, Bosch Rexroth AG, Eaton Corporation Plc, Bucher Hydraulics GmbH which acts as an advantage for the growth of the market. Moreover, revival in the construction industry in the region has provided an impetus for the growth of the hydraulic gear pump market.

The APAC hydraulic gear pump market is anticipated to capture the highest CAGR over the forecast period. The growth of the market can be credited to rapid industrialization in the region. Hydraulic gear pumps find application across diverse industry verticals. Expanding agriculture, automotive, and construction industry are favoring the growth of the market.

The RoW market is anticipated to be driven by increasing demand for hydraulic gear pumps from various countries such as Saudi Arabia, UAE, and Iran for oil exploration activities.

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 Market Overview -


Plastic Component Market For Heavy-Duty Vehicles Market-Overview

The increase in heavy-duty vehicles such as tractors and loaders is likely to profit the Plastic Component Market for heavy-duty vehicles in 2020. The automotive components reports are made by Market Research Future, which includes market options for progress. An 11.41% CAGR is estimated to bolster the global market in the forecast period.

The expansion of the construction industry is estimated to create new options for development in the plastic component market for heavy-duty vehicles. The establishment of appropriate transport routes is anticipated to fortify the growth of the plastic component market for heavy-duty vehicles shortly.

The thermoplastic category primarily includes polyamide (PA), acrylonitrile butadiene styrene (ABS), and polycarbonate (PC); while thermosetting includes polyurethane (PU). They are the main materials for plastic components in heavy-duty vehicle applications. Such plastics are widely incorporated in the manufacturing of various components for heavy-duty vehicles. Some of the components that require plastics to manufacture are engine cover, transmission cover, intake air modules, oil pan module, cam cover module, cluster panel/dashboard, bumper, seating, wheel & tire, door, interior & exterior trim, windows & windshields, and electronics.

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The growing agriculture and construction industries are likely to drive the demand for heavy-duty vehicles over the forecast period. However, the growing awareness about the inability of plastic components to biodegrade naturally is likely to be a major restraint on the global plastic components for heavy-duty vehicles market over the forecast period. If incinerated, plastic components release carbon monoxide and other toxic gases into the environment. Due to this, end users in the market are likely to demand biodegradable plastics over the coming years. This is likely to remain a major opportunity for players in the plastic components for heavy-duty vehicles market over the forecast period.

Heavy-duty vehicles include tractors, loaders, scrapers, excavators, heavy trucks, combine harvesters, and buses. The rising penetration of plastic components in heavy-duty vehicles is due to the high demand for lightweight vehicles and associated lightweight components in vehicle applications. There are two varieties of plastics, namely, thermoplastic and thermosetting.

Competitive Analysis

The significant players of the plastic component market for heavy-duty vehicles are FLEX-N-GATE CORPORATION (US), Toyoda Gosei Co., Ltd (Japan), Hartford Technologies, Inc. (US), DowDuPont Inc. (US), Magneti Marelli S.p.A. (Italy), Samvardhana Motherson Group (India), ElringKlinger AG (Germany), Continental AG (Germany), Abbott Ball Company Inc. (US), and SMB Bearings (UK).

Plastic Component Market Segmental Analysis

The segmental study of the plastic component market for heavy-duty vehicles has been segmented based on vehicle type, component, material, and region. Based on the vehicle type, the plastic component market for heavy-duty vehicles is segmented into scrapers, excavators, trucks, tractors, loaders, combine harvester, and buses. Based on the component, the plastic component market for heavy-duty vehicles is segmented into transmission covers, oil pan modules, interior and exterior trims, bumpers engine covers, intake air modules, cluster panels/dashboard, cam cover modules, doors, , seating, wheels and tires, and others.

Based on the material, the plastic component market for heavy-duty vehicles market consists of acrylonitrile butadiene styrene (ABS), polyurethane (PU), polyvinyl chloride (PVC), polypropylene (PP), polyamide (PA), polyethylene (PE), polycarbonate (PC), and others. On the basis of regions, the plastic component market for heavy-duty vehicles is segmented into Asia-Pacific, North America, Europe, and other key global regions.

Detailed Regional Analysis

The regional review of the plastic component market for heavy-duty vehicles is segmented into Asia-Pacific, North America, Europe, and other key global regions. The regional market in the Asia-Pacific is projected to hold the principal segment in the plastic component market for heavy-duty vehicles for the duration of the forecast with promising share. The national market in China was the major market in 2018, with a substantial output level.

The evolution in the plastic component market for heavy-duty vehicles in the regional market for the Asia-Pacific can be accredited to Japan, China, and India. These countries were the foremost nations are capitalizing greatly to reinforce their existence in the region to grasp a major modest benefit. Furthermore, the regional market in North America is anticipated to possess the subsequent principal share, shadowed by the regions of Europe and the other noteworthy regions in the plastic component market for heavy-duty vehicles.

Continue……

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https://www.marketresearchfuture.com/reports/fleet-management-market-2646

 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future®

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New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 Electric Vehicles Market Analysis

The Global Electric Vehicles Market will reach USD 25 million at a Favorable 20% CAGR Forecast Period states the latest Market Research Future (MRFR) report. We will provide COVID-19 impact analysis with the report. The COVID-19 impact on the global market has been analyzed in the report, which also outlines the latest developments that have taken place following the coronavirus disease outbreak.

Key Drivers and Main Challenges

Strict carbon emissions standards have shifted people’s focus towards electric vehicles market. For example, European Union has set a target of zero-carbon gas emissions by the year 2050. Since electric vehicles generate lower gas emissions compared to traditional vehicles, governments of various countries are trying to boost awareness and encourage the use of these vehicles to bring down air pollution, oil consumption, and more.

Increasing spending on electric vehicles has been an incredible growth booster in the worldwide market for EVs. Companies like Ford Motor Company, Groupe Renault and Daimler AG are investing significantly in their manufacturing plans with respect to EVs. To cite a reference, Ford Motor Company in June 2020 announced that it is planning to spend close to USD 11.0 billion for manufacturing at least 40 EVs by the year 2022. Considering these favorable initiatives, it is safe to assume that the electric vehicles market can observe a noteworthy expansion in the following years.

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The global market can also remain strong on the back of the rising use of electric vehicles in government and commercial sectors along with the surge in company partnerships that share a common goal of a greener planet. To illustrate, in 2020, Uber partnered with Nissan with the key objective of manufacturing 2,000 EVs for the Uber drivers across London. This move on the part of Uber highlights its target of making all its vehicles free of carbon emission by 2025.

Electric Vehicles Market Top Vendors

Top vendors recognized in the market study include Daimler AG (Germany), Volkswagen (Germany), Ford Motor Company (US), General Motors (US), Mitsubishi Motors Corporation (Japan), Toyota Motor Corporation (Japan), Hyundai Motor Company (South Korea), BMW (Germany), Nissan Motor Company (Japan), Tesla Inc. (US), and more.

Electric Vehicles Market COVID-19 Analysis

The COVID-19 outbreak has impacted several sectors severely, which also includes the automotive sector, with several manufacturers completely shutting down their operations or working at reduced capacities following the different directives that the governments have issued. The uncertainty concerning the duration of the lockdown and disruptions in supply chain made it difficult for players in anticipating the recovery of the industry. Such crisis led to structural shifts that had a significant impact on the market. The outbreak resulted in a disrupted supply chain, factory closures, and limited operations that led to a decline in vehicle sales particularly in the EV segment. The market however is likely to recover soon due to the strong growth of China. After the pandemic, the market is estimated to reach 4.18 million by 2021.

Electric Vehicles Market Segmental Review

The electric vehicle industry can be considered for charging station, connector type, installation type as well as vehicle type.

The technology-based categories covered in the study are battery, hybrid, along with plug-in hybrid electric vehicle. The market for plug-in hybrid electric vehicles can remain dominant throughout the review period owing to the rising number of electric vehicle charging stations worldwide.

The key vehicle types studied are commercial vehicles, two-wheelers as well as passenger cars. In 2018, reports confirmed that the passenger car segment seized the biggest share in the electric vehicle market, trailed by commercial vehicles and two-wheelers.

Electric Vehicles Market Regional Outlook

Europe, North America, Asia Pacific or APAC, and RoW/the rest of the world are considered to be the key regions where the electric vehicles market can observe varying levels of expansion during the appraisal period.

The APAC market has emerged as the leader in the global market, as a result of the escalating demand for EVs in Japan, India and China. The APAC can observe higher growth in the coming years, thanks to the strong government support, mounting disposable income of the people and the surge in preference for eco-friendly products.

North America is one of the most lucrative markets for electric vehicles, on account of the rising sale of electric cars in Canada and the US. The presence of some of the most profitable electric vehicle vendors in the United States such as Tesla, Chevrolet and GM also favors the regional market.

The RoW market, comprising Africa, the Middle East and South America, can also perceive notable growth in the years ahead, given the expanding pool of electric vehicle manufacturers along with the advancements in the charging infrastructure.

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About Market Research Future -

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com


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