According to a new report published by Allied Market Research, titled, “Digital Twins in Automotive Market Trend Size, Share, Competitive Landscape and Trend Analysis Report, by Type (System Digital Twin, Product Digital Twin, Process Digital Twin), by Application (Predictive Maintenance, Business Optimization, Product Design and Development, Others), by Technology (Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML), Simulation tools, Others): Global Opportunity Analysis and Industry Forecast, 2022–2032.”
Market Size : The global digital twins in automotive market size was valued at $2.2 billion in 2022, and is projected to reach $34.6 billion by 2032, growing at a CAGR of 32.6% from 2023 to 2032.
North America currently dominated the digital twins in automotive market in 2022. The region is home to numerous key automotive manufacturers and technology companies, which has contributed to the rapid adoption of digital twin technology. Europe is the second largest market for the green logistic in 2022. Europe is known for its robust automotive manufacturing base, including major players in the industry. This foundation provides a conducive environment for the adoption of digital twin technology, as companies strive to enhance their competitive edge and operational efficiency.
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Europe, particularly Germany, has been at the forefront of Industry 4.0 and smart manufacturing initiatives. Digital twins play a vital role in these efforts by enabling real-time monitoring, predictive maintenance, and data-driven decision-making across the automotive value chain. To offer these beneficial features, Germany-based digital twins developers joined forces with tech companies. For instance, in October 2022, SAP SE announced a partnership with Otonomo Technologies Ltd. for integration of Otonomo Smart Mobility Data Platform with SAP Digital Vehicle Hub. The integration enables the creation of digital twins of vehicles or vehicle components, offering a comprehensive view of vehicle lifecycle data. This collaboration between Otonomo and SAP may empower businesses to gain valuable insights and optimize their operations in the mobility sector. In addition, the collaboration aims to personalize the user experience by adapting to frequently visited destinations, including EV charging stations. Thus, numerous software and automotive companies in Europe expanded their presence globally and increased revenue from digital twins in automotive market.
System digital twin is a major segment of digital twins in automotive industry. One of the primary drivers for the system digital twin segment of the digital twins in automotive market is increase in adoption of connected and autonomous vehicles, which enable real-time monitoring, diagnostics, and predictive maintenance of complex automotive systems.
Moreover, software providers focus on the development of digital twins for virtual testing. For instance, in April 2022, rFpro, a software specialist based in the UK, announced that it started development of a precise digital replica of the handling track of Nardò Technical Center in Italy. This virtual model aims to provide a realistic representation of the track, allowing vehicle manufacturers to expedite the development of next-generation electric vehicle platforms. By utilizing the digital twin, manufacturers may conduct comprehensive virtual testing and simulations within a fully representative virtual environment.
Furthermore, AI-powered digital twins enable predictive maintenance capabilities in the automotive industry. By analyzing real-time data from sensors embedded in vehicles, AI algorithms may detect anomalies, predict potential failures, and schedule proactive maintenance. This approach helps automotive manufacturers and service providers optimize maintenance schedules, reduce downtime, and improve overall operational efficiency.
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Moreover, digital twin solution provider expanded product portfolio powered by AI. For instance, in October 2022, Altair Engineering Inc., a prominent global provider of computational science and AI solutions, launched a comprehensive digital twin solution. This solution offers highly connected and cross-functional capabilities, making it suitable for deployment at any stage of a product’s lifecycle. Digital twin solution by Altair is designed to enhance product development and optimization by providing advanced simulation and AI-driven capabilities.
In addition, automotive manufacturers adopt digital twins to improve performance of electric vehicle (EVs). For instance, in May 2022, Hyundai Motor Group conducted a pilot program in partnership with Microsoft Korea to validate the efficacy of digital twin technology in enhancing the performance of EV batteries. The collaborative initiative aims to demonstrate the capability of digital twins to accurately predict the service life of individual EV batteries and optimize their overall performance. This project incorporates advanced technologies such as artificial intelligence (AI), machine learning (ML), and physical models to analyze driving data and other pertinent factors that influence battery longevity. Thus, the digital twins in automotive market is expected to witness steady growth as digital twins offer automobile manufactures advanced monitoring and performance testing features.
COVID-19 Impact Analysis :
In the automotive industry, the COVID-19 pandemic has therefore presented obstacles as well as opportunities. Even though it momentarily hampered supply chains, R&D efforts, and on-site operations, it sped up the adoption of digital technology and highlighted the benefits of virtual solutions, data analytics, and preventative maintenance.
Key Findings Of The Study :
By type, the system digital twin segment is anticipated to exhibit significant growth in digital twins in automotive market in the near future.
By application, the product design and development segment is anticipated to exhibit significant growth in digital twins in automotive market in the near future.
By technology, the simulation tools is anticipated to exhibit significant growth in digital twins in automotive market in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
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The key players profiled in the digital twins in automotive market report include Altair Engineering Inc., ANSYS, Inc, Bosch Rexroth AG, General Electric Company, IBM Corporation, PTC Inc., Rockwell Automation, Inc., SAP SE, Schneider Electric SE., and Siemens.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Electric Vehicle HVAC Industry Size, Share, Competitive Landscape and Trend Analysis Report, by Technology, by Vehicle Type, by Component : Global Opportunity Analysis and Industry Forecast, 2023–2032”. The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
Market Size : The global electric vehicle HVAC market size was valued at $4.6 billion in 2022, and is projected to reach $11.7 billion by 2032, growing at a CAGR of 10% from 2023 to 2032.
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The Electric Vehicle (EV) HVAC market is expected to experience significant growth during the forecast period. Consumers across the world are increasingly turning toward electric vehicles as a cleaner and more efficient alternative to gasoline powered vehicles. Electric vehicles are gradually turning into a viable option for consumers on account of expanding network of charging infrastructure, high fuel prices, and introduction of supportive policies and subsidies. Leading manufacturers are introducing technologically advanced HVAC systems for electric vehicles to offer enhanced and comfortable cabin environment for occupants.
Several countries around the world have introduced and implemented strict emission regulations to boost the adoption of electric vehicles. Supportive government policies and subsidies on purchase of electric vehicles also support the market growth. For instance, the Indian government has implemented Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme and Production Linked Incentive Scheme (PLI) for faster adoption of EVs in the country. The FY 2023–24 Budget Estimates include allocation of INR 51.72 billion towards its FAME-II scheme. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. This, in turn, boosts the demand for efficient and effective HVAC systems specifically designed for electric vehicles.
Moreover, advancements in technology and connectivity are opening opportunities in the EV HVAC market. Integration of smart controls, sensors, and predictive algorithms allows for more precise temperature management and energy optimization. Additionally, connected features enable users to remotely control and monitor their vehicle’s HVAC system, enhancing convenience and comfort. Greater focus on air quality management inside vehicles has encouraged market players to launch advanced products with high-quality air filtration and purification mechanisms in the market.
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On the basis of region, the global electric vehicle HVAC market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the global electric vehicle HVAC market in 2022. Partnerships and collaborations among EV manufacturers in the region is fueling the market growth. Indian automobile manufacturers such as Mahindra & Mahindra and Tata Motors among others have begun domestic production of electric vehicles. Several international companies are also entering these countries. Several state governments in these countries have also introduced supportive policies and programs to incentivize EV manufacturing to achieve their set targets. Availability of raw material, cheap labor cost, and increase in disposable income have a major impact on the electric vehicle HVAC system market.
Electric vehicle financing is gradually picking pace in Asia-Pacific. The increase in adoption of electric vehicles is building confidence amongst financers to offer competitive finance options. The emergence of disruptive EV and fintech startups is also expected to accelerate the adoption of digital lending solutions for EV users. The government of countries in Asia-Pacific is also introducing initiatives to encourage increased participation by lenders.
Increase in disposable income in the Asian countries boost electric vehicle sales in this region. The manufacturers of automotive HVAC equipment focus on developing newer products to meet changes in consumer demands in this region. Automobile manufacturers are actively involved in the process of developing newer products to meet the consumer demands in this region.
COVID-19 Impact Analysis :
The outbreak of COVID-19 led to reduced demand for electric vehicle HVAC due to nationwide lockdowns, restriction on mobility, and slowdown in shipments due to temporary closures of manufacturing facilities. However, post-pandemic, increase in demand for electric vehicles has been observed. Leading manufacturers are now focusing on the development of advanced HVAC systems to cater to increase in market demand.
Key Findings Of The Study :
By technology, the BEV vehicle segment is anticipated to exhibit significant growth in the future.
By vehicle type, the commercial vehicle segment is anticipated to exhibit significant growth in the future.
By component, the condenser segment is anticipated to exhibit significant growth in the future.
By region, Europe is anticipated to register the highest CAGR during the forecast period.
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Key players operating in the global electric vehicle HVAC market include Sanden Corporation, Hanon Systems Corporation, Denso Corporation, Valeo S.A., Mahle GMBH, Brose Fahrzeugteile SE and CO. KG, Panasonic Corporation, Johnson Electric Holdings Limited, Marelli Holdings Co., Ltd, and Toyota Industries Corporation.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a recent report published by Allied Market Research, titled, “Utility vehicle Market Growth by Propulsion Type, Application, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global utility vehicle market size was valued at $25.73 billion in 2020, and is projected to reach $51.69 billion by 2030, registering a CAGR of 9.4%.
Asia-Pacific dominates the market in terms of revenue, followed by North America, Europe, and LAMEA. The U.S. led the global utility vehicle market share in 2020, and is expected to grow at a significant rate during the forecast period due to the changing automotive industry outlook across the country.
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Factors such as growing inclination toward vehicle safety is the key supportive factor of the utility vehicle market. Moreover, these vehicles are utilized for the special purpose activities across various applications, which has ability to perform the operations on the off-road terrain. The SUV segment is anticipated to create lucrative growth opportunities for the utility vehicle market, owing to changing consumer sentiments toward mobility options. The electric powered utility vehicles segment is expected to be the global market leader, owing to its operational effectiveness and fuel-efficient operations.
Asia-Pacific is dominant in the global utility vehicle market, China being the leader in the market during the forecast period. Moreover, Asia-Pacific is expected to maintain its dominance in the global market, owing to the changing automotive industry outlook in the region. China and India are expected to be the emerging countries in the utility vehicle market, owing to changing transportation trends from the said countries. The global utility vehicle market is a consolidated in nature with limited number of players holding the majority of the market share. The majority of the market participants are strategically involved in product launch, expansion, partnership, and product development activities.
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For the utility vehicle market, 2020 was witnessed as a negative performing year, owing to the negative demand and supply outlook from the COVID-19 crisis restrictions and supply chain disruptions. Market participants of utility vehicle are following certain approaches to manage the operations by slashed budgets, extended equipment lifecycles, decreased staff sizes, and reduced salaries in the short term to overcome the financial downturn. The demand from end users has reduced at a considerable level as there is low consumer confidence and high vehicle prices. The overall production activities of industry players have declined, owing to operations with limited workforce capacity, inadequate health safety measures, and changing consumer sentiments. However, there are most probable chances of sales momentum for the utility vehicle from second half of 2022, owing to its positive demand outlook and green mobility initiatives.
Key Findings Of The Study :
By propulsion type, the electric vehicle segment is expected to register significant growth during the forecast period.
On the basis of vehicle type, the sport utility vehicle segment is projected to lead the global market in terms of market share by the end of the forecast period.
On the basis of application, the agricultural segment is projected to lead the global market, in terms of growth rate, by the end of the forecast period.
Asia-Pacific dominated the global utility vehicle market in 2020 in terms of market share.
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The key players profiled in the report are BRP Inc., CFMOTO, Deere & Company, Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., KUBOTA Corporation, Mahindra & Mahindra Limited, Polaris Inc., Textron Inc., and Yamaha Motor Co., Ltd.
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About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Road Marking Machine Market Growth,” The road marking machine market was valued at $7.02 billion in 2021, and is estimated to reach $17.21 billion by 2031, growing at a CAGR of 9.3% from 2022 to 2031.
The concept of road marking machine is mechanical equipment used for making road markings on the surface of highway, runway, parking lots, and others in order to maintain the traffic order along with safety. These machines on the basis of the coatings were utilized and classified into a few categories such as thermoplastic paint, cold paint and two-component paint type. For instance, in 2019, the Florida-based company, Hog Technologies, has developed an entire Hog family of products — the Paint Hog, Rumble Hog, Surface Hog — that offers a wide variety of road marking system solutions to the industry.
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In addition, the road marking machine industry has witnessed significant growth in recent years, owing to increase in public road transport and growth in industrialization along with rapid urbanization. For instance, the Government of India has given a massive push to infrastructure by allocating about $1.4 trillion for infrastructure to be invested until 2025. Furthermore, the companies operating in the road marking machine market have adopted partnerships, investments, and product launches to increase their market share and expand their geographical presence. Also, technological developments are likely to impel the demand for high-quality road infrastructure in the forecast period. For instance, in April 2022, MRL Equipment Company, Inc. entered into partnership with Ascentium Capital to offer Mini Mac Thermoplastic Striper in terms of fleet that make sense for the pavement marking and grooving industry with flexible financing options.
According to Urban Institute, a nonprofit research organization, in 2019, 42% of highway and road spending went toward operational costs, such as maintenance, repair, snow and ice removal, highway and traffic design and operation, and highway safety. The other 58% went toward capital spending, such as the construction of both highways and roads globally. Hence, such growing investments by governments on developing road infrastructures is expected to drive the road marking machine market.
Factors such as rise in government spending on developing road infrastructure, rising number of accidents due to absence of road markings, and technological advancements are expected to drive the global road marking machine market. However, fluctuating raw material prices and conservative approach of road contractors are the factors expected to hamper the market growth. On the contrary, development of smart cities and emergence of autonomous vehicles are the factors creating lucrative opportunity for the key players operating in market.
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COVID-19 Impact Analysis :
The COVID-19 crisis is creating uncertainty in the road marking machine market. Governments of different regions have already announced total lockdown and temporarily shutdown of industries, thereby adversely affecting the overall production and sales. Countries around the globe have posed stringent restrictions ranging from days to months of lockdown periods. Owing to this pandemic, many businesses are halted and are waiting for the market conditions to improve.
In addition, due to the impact of COVID-19, reverse migration and disruption of supply chains, among others are some of the multiple consequences which the construction sector is expected to face. Despite all these factors, the heavy & civil engineering construction sector resumed its activities. For instance, as per the Ministry of Road Transport and Highways (India) highway construction in the country dropped to 18 km per day as laborers were optimally employed to complete the highways with minimal hindrance. This is estimated to positively impact the road marking materials market in India.
Also, the South-east Asian nations like Singapore, Thailand, and China are some of the major exporters of resins like polyurethane, epoxy and others which are used to manufacture road marking materials. Hence, the lockdowns imposed by various European and Asian countries have severely impacted the raw material supply chain of the road marking materials market, on a global level.
Key Findings Of The Study :
By operation type, the semi-automatic/fully automatic segment dominated the global road marking machine market in 2021, in terms of growth rate.
On the basis of material capacity, the 100 ltr — 250 ltr segment is anticipated to exhibit a remarkable growth during the forecast period.
On the basis of distribution channel, the online segment is the highest contributor to the road marking machine market, in terms of growth rate.
By application, the others segment is anticipated to exhibit a remarkable growth during the forecast period.
By region, LAMEA is anticipated to exhibit a remarkable growth during the forecast period.
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Leading players operating in the road marking machine market include Advanced Striping Equipment, Automark, Borum, Dayu Road Marking Co., Ltd., EZ Liner, Hawk Pumps, HOFMANN, Graco Inc., M-B Companies, MRL Equipment Company, Inc., Nanjing Roadsky Traffic Facility Co., Ltd, Road Marking Equipment (RME), Road Marking Services, STiM, Tatu Highway Group Co., ltd., Titan Tool Inc., and Zhengzhou Dayu Machinery Co., Ltd.
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About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Hydrogen Fuel Cell Truck Market Siize Size, Share, Competitive Landscape and Trend Analysis Report, by Truck Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck), by Range (Below 400 Km, Above 400 km), by Power Output (Below 150 KW, 151–250 KW, Above 250 KW): Global Opportunity Analysis and Industry Forecast, 2022–2032,” The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
Market Size : The global hydrogen fuel cell truck market size was valued at $0.18 billion in 2022, and is projected to reach $3.7 billion by 2032, growing at a CAGR of 36% from 2023 to 2032.
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Asia-Pacific dominates the market, in terms of revenue, followed by Europe, North America, and LAMEA. In addition, Europe is expected to grow at the highest growth rate over the forecast period, owing to the rising number of environmental regulations being implemented around the world.
Hydrogen fuel cell technology has been gaining momentum in the transportation industry due to its many advantages over conventional fuel sources, such as gasoline and diesel. One of the main benefits of hydrogen fuel cell vehicles is their longer driving range, which has led to an increase in their sales in recent years.
Hydrogen fuel cell vehicles can travel longer distances on a single tank of fuel compared to electric vehicles (EVs) and conventional gasoline or diesel-powered vehicles. For example, a typical hydrogen fuel cell vehicle can travel between 300 to 400 miles on a single tank of hydrogen, while a typical EV can travel between 100 and 200 miles on a single charge. This longer driving range makes hydrogen fuel cell vehicles more practical for long-distance driving and reduces the need for frequent refueling or recharging.
The longer driving range of hydrogen fuel cell vehicles is made possible by the high energy density of hydrogen, which means that a relatively small amount of hydrogen can store a large amount of energy. This allows hydrogen fuel cell vehicles to store more energy in a smaller space compared to battery powered EVs, which require large and heavy battery packs to achieve a similar driving range.
The longer driving range of hydrogen fuel cell vehicles is particularly important for commercial vehicles, such as trucks and buses, which often travel long distances on a daily basis. Hydrogen fuel cell trucks and buses have been gaining traction in the commercial transportation industry due to their longer driving range and their ability to refuel quickly, which allows them to stay on the road for longer periods of time.
The longer driving range of hydrogen fuel cell vehicles has also been a selling point for individual consumers. Many consumers are hesitant to switch to EVs due to concerns about their limited driving range and the time required for recharging. Hydrogen fuel cell vehicles offer a practical alternative for consumers who require a longer driving range and faster refueling times.
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The longer driving range of hydrogen fuel cell vehicles is also attractive to industries that require off-grid power. Hydrogen fuel cells can be used to provide off-grid power for remote locations such as construction sites, military bases, and disaster relief areas. The ability to provide power for longer periods of time without the need for frequent refueling or recharging makes hydrogen fuel cells an attractive option for these industries.
In addition to their longer driving range, hydrogen fuel cell vehicles offer many other benefits over conventional gasoline and diesel-powered vehicles. They produce zero emissions, which reduces air pollution and greenhouse gas emissions. They also produce less noise, which can help to reduce noise pollution in urban areas. Moreover, hydrogen fuel cells can be powered using renewable energy sources, such as wind and solar power, which further reduces their environmental impact. These benefits are prone to increase the sales for hydrogen fuel cell trucks across the globe.
COVID-19 Impact Analysis :
The COVID-19 pandemic has had a sizable impact on the hydrogen fuel cell truck industry, specifically in terms of deployment and production. Several companies were forced to shut down their facilities due to reduced demand and supply chain disruptions. This resulted in delays in the production and delivery of fuel cell trucks, which in turn slowed down the deployment of these vehicles.
Moreover, the transportation sector, which is a major user of hydrogen fuel cell trucks, has been severely impacted by the pandemic, resulting in reduced demand for these vehicles. The economic downturn caused by the pandemic has also made it more difficult for businesses to invest in new technology, including hydrogen fuel cell trucks.
However, the pandemic has also highlighted the importance of reducing carbon emissions and transitioning to cleaner forms of transportation. This has led to increased government support and funding for the development and deployment of hydrogen fuel cell trucks. For example, in the U.S., the Biden administration has proposed significant investments in clean energy and infrastructure, including the development of a national network of hydrogen refueling stations to support the deployment hydrogen of fuel cell trucks.
Key Findings Of The Study :
By truck type, the light duty truck segment is projected to dominate the global hydrogen fuel cell truck market in terms of growth rate.
By range, the above 400 km segment is projected to dominate the global hydrogen fuel cell truck market in terms of growth rate.
By power output, the below 150 KW segment is projected to dominate the global hydrogen fuel cell truck market in terms of growth rate.
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The key players operating in the hydrogen fuel cell truck market are Dongfeng Motor Company, ESORO AG, Hyundai Motor Company, Hyzon Motors, Kenworth Truck Company, Nikola Corporation, Renault Trucks, SANY Group, XCMG Group, and Xiamen King Long International Trading Co. Ltd.
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About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Automotive Micro Motor Market Size , Share, Competitive Landscape and Trend Analysis Report, by Type (AC, DC), by Technology (Brushed Micromotor, Brushless Micromotor), by Power consumption (Below 11 V, 12–24 V, 25–48 V, Above 48 V), by Application (Power Window Motor, Wiper Motor, Seat Adjustment Motor, Heating, Ventilation, and Air Conditioning (HVAC) Motor, Power Steering Motor, Others): Global Opportunity Analysis and Industry Forecast, 2022–2032
Market Size : The global automotive micro motor market size was valued at $13.3 billion in 2022, and is projected to reach $20.4 billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032.
Micro motors are compact, and lightweight motors specifically designed for low power consumption and minimal electromagnetic interference. They have played a pivotal role in conventional automotive applications, being incorporated into a multitude of functions within an automobile. With the progressive adoption of new energy vehicles and the flourishing market for autonomous vehicles, there is a growing demand for automotive micro motors to enhance safety, comfort, and entertainment features.
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Asia-Pacific comprises China, Japan, India, South Korea, and the rest of Europe. The increased vehicle sales in the Asia-Pacific region contribute to the rise in demand for automotive micro motors. For instance, according to data from the China Association of Automobile Manufacturers (CAAM), Chinese automakers manufactured 27.02 million vehicles in 2022, representing a 3.4% increase compared to the previous year. Therefore, the automotive industry continues to expand in the region which presents significant growth opportunities for manufacturers and suppliers of the automotive micro motor market.
On the basis of type, the global automotive micro motor market size is segmented into AC and DC. AC micro motors, also known as alternating current micro motors, are small electric motors that convert alternating current into mechanical power. They operate on an AC power supply. AC micro motors offer precise control over speed and positioning, ensuring accurate operation and adjustment in various vehicle applications. The rise in the popularity of electric vehicles, the incorporation of ADAS technologies, the emphasis on vehicle efficiency, and the rising demand for connectivity and smart features are key factors driving the growth of AC micro motors in the automotive industry. AC micro motors are used in the automotive industry in heating, ventilation, and air conditioning (HVAC) systems, power seats, power windows, and others. The continued focus on improving vehicle efficiency and reducing energy consumption in the automotive industry is expected to drive the adoption of energy-efficient components such as AC micro motors.
DC micro motors, or direct current micro motors, are small electric motors that operate on a DC power supply. These micromotors are adopted in numerous components and systems within vehicles to provide specific functionalities and perform precise mechanical movements. They are widely used in various applications, including vehicles, due to their advantages and versatility. DC micro motors function through the principle of electromagnetic induction. They comprise a rotor with a permanent magnet and a stator containing one or more coils. Upon application of a DC voltage, the coils generate a magnetic field. This magnetic field interacts with the rotor’s magnetic field, inducing rotation in the rotor. DC micro motors are utilized in power steering systems, assisting with steering control and enhancing maneuverability. The rise in the shift toward brushless DC motors (BLDC) instead of traditional brushed DC micro motors is expected to drive the growth of the segment in the market.
A brushed micromotor is an electric motor that utilizes brushes and a commutator to transfer electrical current to the rotor windings. Its operation relies on a mechanical commutation system, where the brushes and commutator work together to switch the direction of the current flow in the rotor windings, thereby causing the motor to rotate. Brushed micro motors can be used in electric power steering (EPS) systems to provide power assistance for steering functionality. Brushed micro motors have a simple construction, comprising a rotor with windings, brushes, a commutator, and a stator. They are commonly used in vehicle heating, ventilation, and air conditioning systems, where they drive fans and blowers to ensure efficient climate control.
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A brushless micro motor is an electric motor that operates without brushes and a commutator, instead utilizing electronic commutation through sensors and electronic circuitry to precisely control the current flow to the motor windings. This design choice offers several advantages, including improved efficiency by minimizing friction and energy losses associated with brushes.
Brushless micro motors are used in driving pumps within various vehicle subsystems such as coolant circulation, fuel delivery, and braking systems. Their superior efficiency, extended lifespan, precise control capabilities, and compact size increases the demand for micro motors. In the automotive industry, brushless micro motors have gained significant traction in applications such as electric power steering, HVAC systems, electric pumps, and propulsion systems for hybrid and electric vehicles. Their integration in these areas leads to enhanced vehicle performance, greater energy efficiency, and overall functional improvements.
COVID-19 Impact Analysis :
The global supply chains were disrupted, and the manufacturing and distribution of automotive micro motors were halted due to the outbreak of COVID-19. The automotive industry experienced a significant decline in production as automakers scaled back their operations or temporarily shut down their factories. With lower production capacities, the demand for automotive micro motors also decreased. However, post-pandemic, innovation and technological advancements played a significant role in driving market recovery. Companies accelerated their efforts to develop new micro motor technologies that aligned with the changing needs and requirements of the post-pandemic market. These innovations helped meet the evolving demands of the automotive industry and supported the recovery and growth of the automotive micro motor market.
Key Findings Of The Study :
By type, the AC segment is anticipated to exhibit significant growth in the near future.
By technology, the brushless micromotor segment is anticipated to exhibit significant growth in the near future.
By power consumption, the above 48 V segment is anticipated to exhibit significant growth in the near future.
By application, the power steering motor segment is anticipated to exhibit significant growth in the near future.
By region, LAMEA is anticipated to register the highest CAGR during the forecast period.
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Key players operating in the global automotive micro motor market include Johnson Electric Holdings Limited, Valeo SA, Denso Corporation, Robert Bosch GmbH, NIDEC CORPORATION, Mitsuba Corp., MABUCHI MOTOR CO., LTD., Continental AG, Brose Fahrzeugteile GmbH & Co. KG, and Buhler Group. The companies are adopting strategies such as product launch, expansion, and others to improve their market positioning.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, Logistics Automation Industry Size, Share, Competitive Landscape and Trend Analysis Report, by Component (Hardware, Software, Services), by Application (Warehouse and Storage Management, Transportation Management), by Organization Size (Small and Medium Enterprises, Large Enterprises), by End-Use Industry (Manufacturing, Healthcare and Pharmaceuticals, Fast-Moving Consumer Goods, Retail and E-commerce, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030.
Market Outlook : The global logistics automation market was valued at $49.7 billion in 2020, and is projected to reach $147.4 billion by 2030, growing at a CAGR of 11.9% from 2021 to 2030.
North America is expected to dominate the global logistics automation market size owing to growth in e-commerce and adoption of automation solutions as a result of labor shortages in the region. Moreover, adoption of robots in the region has been observed, which is expected to create demand for automation solutions and in turn is anticipated to contribute in the growth of the market. For instance, in August 2021, Yandex Self-Driving Group partnered with Grubhub to operate delivery robots on college campuses in the U.S. Moreover, in 2020, Hyundai Motor Group acquired controlling interest in Boston Dynamics with the aim of advancing robotics and mobility.
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Labor shortages are currently being faced across the globe, which in turn is creating the demand for warehouse automation. Moreover, companies in emerging countries such as China and India, are also adopting automation in warehouse to get ahead of labor shortage. For instance, in 2022, Cainiao Network Technology built the largest unmanned warehouse in Southeast Asia for Thai courier Flash Express. This unmanned warehouse can process 6,000 parcels a day and this can rise to 20,000 a day during peak season. Henceforth, greater demand for warehouse automation from emerging countries is the factor that will be creating new growth opportunities for logistics automation market during the forecast period.
Based on organization size, the global logistics automation market is segregated into SME, and large enterprises. Large enterprises are utilizing automated material handling technology for several processes such as categorization and moving heavy items, or containers within warehouse. In addition, autonomous mobile robots are also being utilized to move materials from picking area to order packing area within the warehouse. For instance, in January 2022, DHL supply chain announced $15 million investment in robotics solutions from Boston Dynamics to further automate warehousing in North America. Boston Dynamics will equip DHL facilities with "Stretch", which is a robot designed to automate unloading process in distribution centers.
The significant factors impacting the growth of the logistics automation market comprise improved efficiency & workforce safety, growth in e-commerce, adoption of industry 4.0 technologies, and advancements in robotics technologies. Moreover, factors such as high initial investment, are expected to be hampering the market growth. Furthermore, adoption of autonomous vehicles & drones, and greater demand for warehouse automation from emerging economies are expected to create new growth opportunities for the logistics automation market during the forecast period.
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COVID-19 Impact Analysis :
The COVID-19 crisis has created uncertainty in the market, and led to massive slowing of supply chain, falling business confidence, and increasing panic among the customers. Governments of different regions have announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales.
The impact of the COVID-19 pandemic has resulted in workforce changes, temporary restriction on movement of goods, and adoption of automation solutions. The pandemic has resulted in supply-chain disruptions causing temporary restriction on movement of goods. In 2019, online shopping rose by 20% and then by 30% during lockdown. Rise in online sales compelled companies to restructure their warehouse to manage e-commerce logistics. At the same time, companies have also had to safeguard the health & safety of their employees working along the entire supply chain. In order to fulfill e-commerce demand, and adapt to new situation, several logistics companies introduced changes in their workforces, and opted for logistics automation.
However, with the removal of lockdown restrictions, several logistics companies have started to invest in industry 4.0 technologies in order to deal with labor shortages issue, and to fulfill rising demand from the e-commerce sector. Companies are adopting autonomous robots for automating the tasks within warehouse, and drones for last-mile delivery.
Key Findings Of The Study :
By component, the software segment is anticipated to exhibit significant growth in the near future.
By application, the transportation management segment is anticipated to exhibit significant growth in the near future.
By organization size, the small and medium enterprises segment is anticipated to exhibit significant growth in the near future.
By end-use industry, the retail and e-commerce segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
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Key players operating in the global logistics automation market include Beumer Group GmbH & Co. KG, Daifuku Co., Ltd., Honeywell International Inc., Jungheinrich AG, KION Group AG, KNAPP AG, Mecalux, S.A., Murata Machinery, Ltd., SSI Schaefer Group, and TGW Logistics Group GmbH.
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About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a recent report published by Allied Market Research, titled, “Micromobility Market Size, Share, Competitive Landscape and Trend Analysis Report, by Propulsion Type (Human Powered and Electrically Powered), Vehicle Type (E-kick scooters, Bicycles, Skateboards, Hoverboard, Low Speed EVs, Segway, Mopeds and Scooters) Sharing Type (Docked and Dock-less) and Age Group (15–34, 35–54, 55 and above): Global Opportunity Analysis and Industry Forecast, 2021–2030,
Market Size : The global micromobility market was valued at USD 44.12 billion in 2020, and is projected to reach USD 214.57 billion by 2030, registering a CAGR of 17.4% from 2021 to 2030.
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Presently, the global micromobility industry is dominated by Asia-Pacific followed by Europe, North America, and LAMEA. Asia-Pacific is expected to maintain its dominance in the global market particularly by China, South Korea, and Japan owing to rapid urbanization and growing demand for on-demand transportation services.
Micromobility refers to a range of small, lightweight vehicles operating at a speed of not more than ~15 miles per hour (25 kmph) and considered ideal for commuting within ~10 km range. This actively includes the usage of different types of vehicles such as bicycles, e-bikes, electric scooters, electric skateboards, shared bicycles, and electric pedal assisted bicycles and others. Continuous developments carried out across the globe toward developing smart cities & vehicle infrastructure have created numerous opportunities for the growth of the global micromobility market. Moreover, the presence of different service provider companies followed by their investments & developmental strategies has attracted numerous small vehicles fleet owners to collaborate toward supporting the concept of micromobility.
Factors, such as rise in trend of on-demand transportation services, rapid urbanization and local commute requirements, government initiatives for smart cities, increasing government initiatives for the development of bike-sharing infrastructure and rise in venture capital and strategic investments, supplement the growth of the micromobility market.
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COVID-19 Impact Analysis :
COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge. Lockdown measures have helped to contain the spread of coronavirus, but exacted an immense economic toll. On the business side, the automotive and mobility sectors are among the hardest hit. Following the pattern witnessed in countries where COVID-19 spread earlier, lockdown measures and other restrictions have limited travel and left many consumers unable or unwilling to purchase vehicles. It has also affected general lifestyle and the behavior pertaining to travel, consumption of goods, and services as well as working style of individuals. Furthermore, coronavirus has introduced unexpected complications within the automotive and electric mobility sectors. OEMs and other stakeholders are adopting innovative business models amid post-COVID-19. Sales of small format vehicles with better & efficient safety features accelerated during the pandemic and are expected to continue in the post pandemic situation.
Key Findings Of The Study :
By propulsion type, the electrically powered segment dominated the global micromobility market in 2020, in terms of revenue.
By vehicle type, the e-kick scooters segment is expected to register significant growth, registering a CAGR of 18% during the forecast period.
By sharing type, docked segment is projected to lead the global market in terms of market share by the end of the forecast period.
By age group, 15–34 age group segment is projected to lead the global market in terms of market share by the end of the forecast period.
By region, Asia-Pacific dominated the global micromobility market in 2020 in terms of market share.
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The key players profiled in the report include Beam Mobility Holdings, Bird, Electricfeel, Dott, Lime, Neuron Mobility, VOI, Yulu, Zagster, and Floatility GmbH as the service providers, which are operating efficiently in the micromobility market.
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About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Cold Chain Tracking and Monitoring Market Demands Size, Share, Competitive Landscape and Trend Analysis Report, by End User (Healthcare, Food & Beverage, Chemical, Others), by System (Hardware, Software), by Solution (Storage, Transportation): Global Opportunity Analysis and Industry Forecast, 2020–2030.”
Market Size : The global cold chain tracking and monitoring market was valued at $4.6 billion in 2020, and is projected to reach $15.2 billion by 2030, growing at a CAGR of 12.9% from 2021 to 2030.
Cold chain tracking and monitoring refer to the process of maintaining a given temperature range of products and tracking perishable products with the help of a series of control devices and sensors. It is primarily used to maintain & extend the life of products such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical products. Monitoring, storage, and transportation are the crucial factors in the cold chain to avoid degradation in the quality of the shipments. At present, the tracking & monitoring of logistics is handled by sensors, microcontrollers, and even IoT capabilities to ensure safe handling of cold assets across the supply chain.
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In addition, the cold chain tracking and monitoring market size has witnessed significant growth in recent years, owing to massive impact of the COVID-19 pandemic, which resulted in the transformation of buying behavior of consumers & emerged as an essential component for the transportation of vaccines and pharmaceutical products witnessing unwavering demand worldwide. The companies that operate in the market have adopted partnerships, product launches, R&D, and acquisitions to increase their market share and expanded their geographical presence. For instance, in 2019, Controlant launched its PR-T80 Digital Temperature Probe — an innovative real-time solution designed for dry ice applications, active pharmaceutical ingredients (APIs), clinical trials, and additional pharmaceutical & life sciences products that provide transport storage in low temperature-controlled environments. Furthermore, the rise in adoption of wireless communication modules such as Bluetooth, Wi-Fi, or other more specialized IoT protocols offers the capabilities needed for asset tracking data loggers to have the most comprehensive picture possible of the environments experienced by the asset. In 2021, ELPRO-BUCHS AG launched its intelligent data loggers, Bluetooth® and LIBERO Gx real-time data loggers, powered by Sensirion Technology, which offers reliable monitoring of sensitive goods and simplifies complicated, time-consuming processes in cold chain logistics.
The cold chain tracking and monitoring market is segmented on the basis of system, solution, end user, and region. On the basis of system, the market is divided into hardware and software. By solution, it is classified into storage and transportation. By end-user, it is divided into healthcare, food & beverage, chemical, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Factors such as an increased focus on quality & product sensitivity, surge in refrigerated warehouses, and growth in pharmaceutical sectors are expected to drive the growth of the cold chain tracking and monitoring market. In addition, change in government policies & regulations and growth in the organized retail sector are anticipated to boost the market’s growth. However, factors such as lack of standardization and high operational cost restrain the market growth. Furthermore, the adoption of RFID technologies for cold chain applications and research for advancement in cold chain software provide lucrative growth opportunities for the market players.
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Key Findings Of The Study :
By system, the software segment is expected to register a significant growth during the forecast period.
Depending on end use, the healthcare segment is anticipated to exhibit significant growth in the near future.
Europe is anticipated to register the highest CAGR.
COVID-19 Impact Analysis :
The COVID-19 crisis is creating uncertainty in the cold chain tracking and monitoring industry by slowing down the logistics services, closure of workplaces, and restrictions on travel hampering business growth with the increasing panic among the customer segments.
Governments across different regions announced total lockdown and temporary shutdown of industries, leading to border closures that restricted the movement of transportation & logistics services.
The global business outlook has changed dramatically post COVID-19 health crisis.
However, among all that difficulty, cold chain monitoring companies have responded to the COVID-19 crisis with surprising success along with increased safety measures & implementation of new technologies.
For the requirement of pharmaceutical products by the countries during the peak point of pandemic, most of the governments got collaborated with UNICEF to establish effective cold chain systems for vaccines storage.
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The key players operating in the global cold chain tracking and monitoring market are Americold Logistics, LLC, Berlinger& Co. AG, Controlant, ELPRO-BUCHS AG, Hanwell Solutions, Infratab, Inc., Monnit Corporation, ORBCOMM, Savi Technology, and Sensitech Inc.
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About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
According to a new report published by Allied Market Research, titled, “Automotive Flooring Market Demands Size, Share, Competitive Landscape and Trend Analysis Report, by Product (Carpet, Mats), by Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), by Material (Polyurethane, Polypropylene, Nylon, Rubber, Others), by Sales Channel (OEM, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2031.”
Market Size : The global automotive flooring market was valued at USD 1.3 billion in 2021, and is projected to reach USD 2.2 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.
Asia-Pacific region is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. Increase in vehicle production and rise in demand for luxury vehicles in Asia-Pacific region is driving the growth of the automotive flooring market in the region.
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There are prominent key factors that drive the growth of the automotive flooring market, such as growth in awareness pertaining to noise, vibration and harshness (NVH) and increase in demand for environment-friendly material. The market economy is also responsible for the growth of the market. Countries such as China, India, Brazil, and South Africa are developing economies. Thus, the manufacturing sector witnesses prominent growth in these countries, which is expected to provide lucrative opportunities for the growth of the automotive industry. This in turn is expected to fuel the market. Also, in some undeveloped countries, there is an increase in automobile sales, which is expected to boost the market. In addition, increase in operating life of vehicles is anticipated to create opportunities for the growth of the global market.
The automotive flooring market size is segmented on the basis of product, application, material, sales channel and region. By product, it is divided into carpet, and mat. By application, it is segmented into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). By material, it is divided into polyurethane, polypropylene, nylon, rubber, and others. By sales channel, the market is divided into OEM, and Aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
COVID-19 Impact Analysis :
The COVID-19 impact on the automotive flooring market is unpredictable, and is expected to remain in force for a few years.
The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for vehicle components.
As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, aviation production and sales suffered severely, which, in turn, negatively impacted the automotive flooring market in 2020.
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To prevent the spread of the COVID-19 virus, governments across the globe implemented strict lockdowns and made social distancing mandatory. Consequently, several organizations began work from home programs as a precautionary measure. This led to a sudden decline in global demand for traveling, which has affected the automotive flooring market
However, vaccination drive enabled lowering of barriers to economic activity, as well as domestic and international travel. As the restrictions lifted, travel recovered quickly leading to increase in vehicle commutation, which is expected to boost the automotive flooring market.
Key Findings Of The Study :
By product, the carpet segment is expected to register significant growth during the forecast period.
By application, the passenger cars segment is projected to lead the global automotive flooring market.
By material, the polyurethane segment is projected to lead the global automotive flooring market.
By sales channel, the aftermarket segment is projected to lead the global automotive flooring market.
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
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The key players that operate in this automotive flooring market are ACME Mills Company, IDEAL Automotive GmbH, Auto Custom Carpet Inc., Autoneum, Autotech Nonwovens, Feltex Automotive, Grupo Antolin Irausa, S.A., Hayakawa Eastern Rubber Co., Ltd., Hayashi Telempu, IAC Group, Kotobukiya Fronte Co., Ltd., Lear Corporation, Magna International Inc, Shandong Exceeding Auto Interior Parts Co., Ltd, Shanghai Shenda, Suminoe Textile Co., Ltd., and Toyota Boshoku Corporation among others
About us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.