Thursday, April 30, 2020

Demand-Supply Scenario of Aircraft Inspection Drones Market to Remain Balanced During the Forecast Period 2018-2028

Aircraft Inspection Drones Market: Introduction:

A drone, also known as unmanned aerial vehicles (UAVs) is an unmanned aircraft which are usually small in size which are remote controlled for visual assessment in landscape surveillance. In recent years, drone market has faced very drastic changes including introduction of multipurpose drones used for various commercial applications. The aerospace industry is not far from the new technological developments and started using drones in the inspections of commercial and defence aircrafts at OEM and service facilities.
The traditional technology for the aircraft inspection takes more than six hours for visual inspections. However, it can be done in very short time using drones which also makes the documentation easy and improve the accuracy of inspection. It can detect the fault more efficiently and can notify the maintenance team right away. Using aircraft inspection drones can improved overall safety and lead to greatly reduced maintenance service costs.
Furthermore, there are mainly two type of technologies are available in the market for aircraft inspection drones such as, automatic and manually operated aircraft inspection drones. These drones can visually inspect aircraft for any hail, lightning strike and other damage. However, some regulations such as, EU wide safety standards for the manufacturing and operations of drones can pose a challenge to the market growth of aircraft inspection drones market.

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Aircraft Inspection Drones Market: Dynamics:

Aircraft inspection is an essential part of aircraft MRO services and any error in the inspection can cause the failure of an aircraft during its operations. Aircraft inspection drones are used to identify any hail, lightning strike and other damage more easily and efficiently during the inspection and also reduce any chances of error in the inspection process. Additionally, aircraft inspection drones can reduce the inspection time by 80% to 90% which reduces the overall service time for an aircraft. These factors are expected to lay a strong base for the robust growth of aircraft inspection drones in the market during the forecast period.

Furthermore, new and developing technologies such as, machine learning, laser technologies etc. which are able to tackle any crucial job during inspection expected to have a significant growth opportunity in the global aircraft inspection drones market.

However, in 2018, the European Union has passed EU-wide safety standards for drone operations and manufacturing. These regulations include a collision avoidance system and automated landing systems in drones, as well as drone operator training requirements and national drone registry requirements for all EU member states expected to be a challenge for the growth of aircraft inspection market.

Aircraft Inspection Drones Market: Segmentation:

Aircraft inspection drones market can be segmented into product type, technology, end use and region.
On the basis of product type, global aircraft inspection drones market is segmented into:
  • Single Rotor Aircraft Inspection Drones
  • Multi Rotor Aircraft Inspection Drones
On the basis of technology, global aircraft inspection drones market is segmented into:
  • Automatic Aircraft Inspection Drones
  • Manually Operated Aircraft Inspection Drones
On the basis of end use, global aircraft inspection drones market is segmented into:
  • Commercial Aircrafts
  • Defence Aircrafts
Aircraft Inspection Drones Market: Regional Outlook:

North America is expected to be the most lucrative market for aircraft inspection drones owing to continuously growing demand for new technologies in airline industries and increasing number of MRO service providers in the region. The region is expected to register significant growth in the aircraft inspection drones market over the forecast period. Asia Pacific is anticipated to have a significant growth in aircraft inspection drones market, owing to emerging economies such as, China, India, and Japan etc. The increasing number of airports and demand of MRO services with better and efficient maintenance systems is expected to significantly increase the demand of aircraft inspection drones in the region.

Furthermore, Europe is projected to have prominent growth in the aircraft inspection drones market owing to increasing demand for time effective maintenance services in military and commercial sectors is expected to drive the market of aircraft inspection drones. Middle East & Africa and Latin America regions are expected to show promising growth in the aircraft inspection drones market over the forecast period.

Aircraft Inspection Drones Market: Market Participants:

Some of the market participants in the global aircraft inspection drones market are:
  • MRO Drone Ltd.
  • Donecle
  • Airbus S.A.S.
  • DJI
  • Blue Bear Systems Research Ltd
  • Luftronix, Inc.
  • Aircraft Inspection Drone
  • MIR Innovation
  • Airwing
  • MicroMultiCopter Aero Technology
  • Parrot
  • JYU
The Aircraft Inspection Drones Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Aircraft Inspection Drones market segments such as geographies, application, and industry.

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Global Digital Payment And Security Market to Grow at Steady Pace, Driven By Surge in Online Orders during COVID-19 Pandemic Lockdown, Says PMR

Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Bicycle Light Market to Exhibit Significant Opportunity Assessment During the Forecast Period 2018-2028

Market Overview

Rider safety and protection have emerged to be of paramount importance due to the growing bicycle sporting culture, continuous upsurge in bicycle fleet and rising demand for sports and mountain bicycles. Bicycle lights are expected to emerge as important products in the bicycle accessory market. The growth of bicycle industries, owing to heavy traffic and congestion, has led to higher adoption of bicycle accessories, which help in providing safety to the rider and enhance the quality of riding experience. Bicycle accessories are expected to emerge as important components in the growing bicycle industries.

Moreover, bicycle lights have been perceiving a surge in demand more recently, owing to growth in the bicycle industry and easy availability of products. Increase in bicycle racing events and bicycle riding organizations has unfolded new opportunities for the growth of the bicycle lights market.

Product Definition and Segmentation

A bicycle light is a bicycle accessories used to ensure the comfort and safety of the rider at night. Bicycle lights and reflectors are necessary installations for a rider to cycle on a public road after dark. Bicycle lights include front lamps, rear lamps, flashing lights, rear reflectors, pedal reflectors, etc. The market for bicycle light can be segmented on the basis of the following criteria:
By mounting type:
  • Headlight
  • Rear Safety Lights
  • Side Safety Lights
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By bicycle type:
  • Road
  • Mountain
  • Sports
By sales channel:
  • Offline Stores
  • Online Stores
Rising Consumer Health Consciousness

Modern lifestyle and busy schedules force people to work without exercise and merely intake junk food, which in turn results in obesity or overweight. According to the World Health Organization, in 2014, over half of the adult population in 114 nations including Europe, Middle East, and the Americas was obese. Meanwhile, a healthy and more nature-friendly lifestyle is gaining attraction and people are becoming more aware about the hazards caused by obesity across the globe.
Moreover, studies reveal that bicycling burns 500 – 700 calories per hour. Most of these countries have adopted bicycle riding as an effective way for burning fat and maintaining normal body mass. Thus, rising awareness among consumers increases the demand for bicycles, which fuels the growth of the bicycle accessories market over the forecast period.

Cyclist have to install bicycle lights to ride bicycle on a public road when dark and this necessity will surge the demand for bicycle lights over the forecast period and create an avenue for market growth.

Online Sales Channel to emerge as a Major Trend

The demand for bicycle accessories is projected to be grow significantly during the forecast period. The ever growing bicycle industry both in developing and developed economies is the prime reason behind the growth of this market. Moreover, the increasing number of bicycle racing events is also expected to surge the demand for bicycle accessories (bicycle lights) over the forecast period. The growing trend of online sales channel is further expected to supplement market growth.
A major trend expected five years down the line involves market leaders, both OEMs & dedicated manufacturers, focusing on providing bicycle lights through the online sale channel and using it to market its products in the regional market. Manufacturers are offering products as per consumer needs, which in turn is escalating competition.

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Global Digital Payment And Security Market to Grow at Steady Pace, Driven By Surge in Online Orders during COVID-19 Pandemic Lockdown, Says PMR

Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Growing Demand for Automotive Transfer Case Market to Significantly Increase Revenues Through 2017 - 2025

Global Automotive Transfer Case Market: Introduction

A transfer case is employed in multiple powered axle vehicles, four wheel drives and all-wheel drives to transmit power from the power transmission system to the front and rear axles of a vehicle. The transmission takes place by the means of a gear, hydraulics or chain drive. Primarily, a transfer case is used to synchronize the rotation between the front and rear axles since the axles function at different speeds owing to the difference in tire diameters.  An automotive transfer case can operate in two modes, namely, two wheel drive and four wheel drive. This feature is interchangeable in heavy trucks and off road vehicles for the driver. However, in other vehicle types such as sports cars the feature is permanently locked to ‘four wheel drive’ mode and is not selectable by the driver. In some vehicles the transfer case is operated with the help of a shifter, while in other vehicles it is electrically operated by means of a switch.

Increasing automotive production, combined with rising fuel efficiency standards are the key factors driving growth in the global automotive transfer case market. Moreover, the need for high strength in off-road vehicles to increase the overall efficiency during harsh conditions is expected to generate revenue in the global automotive transfer case market.

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Global Automotive Transfer Case Market: Segmentation

The global automotive transfer case market is segmented on the basis of drive type, housing type, shift type, vehicle type, sales channel and region.
On the basis of drive type, the global automotive transfer case market can be segmented into gear-driven and chain-driven. The gear-driven segment is expected to register the highest growth rate, primarily due to its increasing adoption in the production of passenger vehicles. However, the chain-driven segment is primarily driven by off-road and heavy commercial vehicles due to the increased strength it offers.

On the basis of housing type, the global automotive transfer case market can be segmented into married and divorced/ independent.

Based on shift type, the global automotive transfer case market can be segment into MSOF (Manual Shift on the fly) transfer case and ESOF (Electronic shift on the fly) transfer case.
On the basis of vehicle type, the global automotive transfer case market can be segmented into passenger vehicles, LCVs (low commercial vehicles), HCVs (heavy commercial vehicles), buses & trucks and off-road vehicles.

Based on sales channel, the global automotive transfer case market is segmented into OEMs and after-market sales. After-market sales is primarily driven by the off-road driving enthusiast. It has been observed that majority of off-road vehicle drivers modify their vehicles to use gear-driven transfer cases to gain additional strength at the cost of extra weight and noise.

Global Automotive Transfer Case Market: Regional Outlook

Asia pacific is expected to hold the largest market share over the forecast period, primarily due to rising automobile production in the region. Second to Asia Pacific, Europe is expected to take the lead in terms of market share in the global automotive transfer case market.

Global Automotive Transfer Case Market: Competition Landscape

Examples of some industry participants identified in the global automotive transfer case market are Magna International Inc., GKN plc, BorgWarner Inc., American Axle & Manufacturing Inc., Meritor Heavy Vehicle Systems LLC, Marmon Group, Hyundai Dymos Inc., Fabco Automotive Corporation And Univance Corporation. OEMs forming strategic alliances with major automotive vehicle manufacturers to increase their market penetration is a key trend identified across the market. Frequent product development to aid vehicle manufacturers in achieving stringent fuel efficiency standards is identified as a key factor to hold long term contracts in the competitive environment.

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Global Digital Payment And Security Market to Grow at Steady Pace, Driven By Surge in Online Orders during COVID-19 Pandemic Lockdown, Says PMR

Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Automotive Transfer Case Market research Will Reflect Significant Growth Prospects during 2017 - 2025

Global Automotive Transfer Case Market: Introduction

A transfer case is employed in multiple powered axle vehicles, four wheel drives and all-wheel drives to transmit power from the power transmission system to the front and rear axles of a vehicle. The transmission takes place by the means of a gear, hydraulics or chain drive. Primarily, a transfer case is used to synchronize the rotation between the front and rear axles since the axles function at different speeds owing to the difference in tire diameters.  An automotive transfer case can operate in two modes, namely, two wheel drive and four wheel drive. This feature is interchangeable in heavy trucks and off road vehicles for the driver. However, in other vehicle types such as sports cars the feature is permanently locked to ‘four wheel drive’ mode and is not selectable by the driver. In some vehicles the transfer case is operated with the help of a shifter, while in other vehicles it is electrically operated by means of a switch.

Increasing automotive production, combined with rising fuel efficiency standards are the key factors driving growth in the global automotive transfer case market. Moreover, the need for high strength in off-road vehicles to increase the overall efficiency during harsh conditions is expected to generate revenue in the global automotive transfer case market.

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Global Automotive Transfer Case Market: Segmentation

The global automotive transfer case market is segmented on the basis of drive type, housing type, shift type, vehicle type, sales channel and region.
On the basis of drive type, the global automotive transfer case market can be segmented into gear-driven and chain-driven. The gear-driven segment is expected to register the highest growth rate, primarily due to its increasing adoption in the production of passenger vehicles. However, the chain-driven segment is primarily driven by off-road and heavy commercial vehicles due to the increased strength it offers.

On the basis of housing type, the global automotive transfer case market can be segmented into married and divorced/ independent.

Based on shift type, the global automotive transfer case market can be segment into MSOF (Manual Shift on the fly) transfer case and ESOF (Electronic shift on the fly) transfer case.
On the basis of vehicle type, the global automotive transfer case market can be segmented into passenger vehicles, LCVs (low commercial vehicles), HCVs (heavy commercial vehicles), buses & trucks and off-road vehicles.

Based on sales channel, the global automotive transfer case market is segmented into OEMs and after-market sales. After-market sales is primarily driven by the off-road driving enthusiast. It has been observed that majority of off-road vehicle drivers modify their vehicles to use gear-driven transfer cases to gain additional strength at the cost of extra weight and noise.

Global Automotive Transfer Case Market: Regional Outlook

Asia pacific is expected to hold the largest market share over the forecast period, primarily due to rising automobile production in the region. Second to Asia Pacific, Europe is expected to take the lead in terms of market share in the global automotive transfer case market.

Global Automotive Transfer Case Market: Competition Landscape

Examples of some industry participants identified in the global automotive transfer case market are Magna International Inc., GKN plc, BorgWarner Inc., American Axle & Manufacturing Inc., Meritor Heavy Vehicle Systems LLC, Marmon Group, Hyundai Dymos Inc., Fabco Automotive Corporation And Univance Corporation. OEMs forming strategic alliances with major automotive vehicle manufacturers to increase their market penetration is a key trend identified across the market. Frequent product development to aid vehicle manufacturers in achieving stringent fuel efficiency standards is identified as a key factor to hold long term contracts in the competitive environment.

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Accuracy and Quality
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Our analysts and consultants are among the best in their field and promise to deliver excellent market intelligence.
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Global Digital Payment And Security Market to Grow at Steady Pace, Driven By Surge in Online Orders during COVID-19 Pandemic Lockdown, Says PMR

Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Inflatable Boat Market research Prophesied to Grow at a Faster Pace by 2025

Inflatable Boat Market: Introduction
Also known as Dinghies, inflatable boat is a light weight boat made of flexible tubes filled with pressurized gas. The flooring of the boat is done according to the size of boat. In case of small size boat the floor is made flexible which includes ribbed air floor or high pressure air flow and for larger size, the floor is generally made of aluminum sheets or fiberglass. Inflatable boats can be packed into small volumes, to be easily stored and use when and where ever required. Inflatable boats finds its application in military purposes specifically to carry and transport weapons and other cargo. Inflatable boats are widely used in sports and adventure activities as well. Owing to its high stability and performance characteristics, inflatable boats are used in utility and rescue operations as a life boat. Due to growing application in leisure as well as professional purposes, the global market for inflatable boats is expected to witness a significant growth during the forecast period.

Inflatable Boat Market: Dynamics

Growing water sports activities all across the world is one of the key driver for global inflatable boat market. Inflatable boats are widely used in water racing and other aquatic adventures which is leading towards the rising demand of inflatable boats. The International Convention for the Safety of Life at Sea (SOLAS) demands the merchant ships to maintain life boats on each side of the ship, ensuring that it can accommodate all the people on board during a tragedy. Compulsory use of life boat on larger commercial ships and vessels during shipping and transportation is also fuelling the demand for inflatable boat. Increasing preference of inflatable boats at tourist spots is also responsible for the growth of inflatable boat market across the globe. Easily transferable and foldable inflatable boats is an ongoing trend in the market making it a convenient option for the users.

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Inflatable Boat Market: Segment

Global Inflatable Boat Market can be segmented by material type, by floor type, by end use and by boat type
By material type the global Inflatable Boat market can be segmented as
  • PVC
  • Hypalon
  • Others
By floor type the global Inflatable Boat market can be segmented as
  • Aluminium
  • Fiberglass
  • Plywood
  • Ribbed air floor
  • High pressure air floor
By boat type the global Inflatable Boat market can be segmented as
  • Rigid inflatable boat
  • Soft inflatable boat
By end use the global Inflatable Boat market can be segmented as
  • Sports
  • Leisure
  • Professional
Inflatable Boat Market: Regional Outlook

Owing to its salient features such as safety and stability, the market for inflatable boats is anticipated to witness a significant rise during the forecast period across the globe. Increasing sports activities such as white water rafting and kayaking in Western Europe is expected to fuel the demand of inflatable boats in the region. Growing use of inflatable boat for personal use on lakes and rivers in the regions of North America is expected to drive the market over the forecast period. Increasing tourist attraction towards water leisure in the regions of Asia Pacific is expected to propel the demand for inflatable boats in the upcoming years. Rising use of inflatable boats for military and rescue operations in the Latin America is expected to fuel the demand for inflatable boat market. Presence of number of boat manufacturer in Japan and being one of the key exporter of boats, the market for inflatable boat is expected to rise with significant pace.

Inflatable Boat Market: Key Participants
  • Achilles Inflatable Crafts
  • ASIS
  • HIGHFIELD BOATS
  • Cardinal Boats.
  • Maxxon Pontoons
  • Patten co., Inc.
  • Mercury
  • Woosung I.B. Co., Ltd.
  • Williams Jet Tenders Limited
  • Grand Boats Sweden
  • LOMAC NAUTICA S.R.L.
  • LodeStar
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Warehouse Management Systems Market Development Trends Outlook during forecast period 2017 - 2025

Global Warehouse Management Systems Market: Introduction
A warehouse management system (WMS) is a software application that supports the everyday operations in warehouse. Sophisticated warehouse management systems are vital, it can provide a solid foundation of industry best practices for receiving, inventory management, replenishment, order processing, packing, loading and shipping of products. Early warehouse management systems could only provide simple storage location functionality. Contemporary warehouse management systems application can be so complex and data intensive that it require a dedicated staff to operate. Global warehouse management systems market can be categorized into three types; standalone systems, ERP modules and cloud based warehouse management systems. Additionally, advantages of comprehensive warehouse management systems include reduced fulfillment time, improved customer service, reduced lead time, increased inventory accuracy, greater space utilization and optimized warehouse productivity.
Global warehouse management systems market are triggered due to the need of low cost and highly effective systems with minimum errors in warehouses. Furthermore, global warehouse management systems market is highly volatile because new providers with innovative developments in the products are constantly entering. Consequently, every company strives to stay competitive and improve profitability, thus companies need to adopt crucial technological advancements in global warehouse management systems market.
Global Warehouse Management Systems Market: Market Dynamics
Drivers:
Global warehouse management systems market is anticipated to grow rapidly over the forecast period. Warehouse management systems assist in reducing the lead time, by increasing the deliver speed of the product to the end-user with minimum distribution costs. The other factor impacting the growth of warehouse management systems market, is the extension of ecommerce and Omni channel. Furthermore, factors such as changing supply chain models and rapid growth for a definite product are the instant causes for elevation in the demand for warehouse management systems. Additionally, global need to cut down added costs due to poor forecasting models is expected to trigger the global warehouse management systems market.
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Restraints:
Irrespective of so many advantages, global warehouse systems market has some restraints. Small scale industries believe in employing more staff rather than investing in a warehouse management systems software. Aforementioned misnomer acts as a barrier in the growth of global warehouse management systems market. Integration woes, fear of failure and lack of strategy with the company to adopt warehouse management systems hampers the growth of global warehouse management systems market.
Trends:
Prevalent trends in global warehouse management systems include adoption of cloud systems by the companies. On-premises warehouse management systems are rapidly being replaced by on-cloud applications, due to the fact that, cloud software offers efficiency and cost savings. The key trend in global warehouse management systems market includes development of user friendly interface, radio frequency identification systems, improved performance management, service-oriented architecture, voice-directed picking and put away.
Global Warehouse Management Systems Market: Market Segmentation
Global warehouse management systems market can be segmented on the basis of implementation type, offering type and end-use industry type.
On the basis of implementation type, global warehouse management systems market can be segmented as
  • On-Premises
  • On-Cloud
  • As SAAS (software as a service)
On the basis of offering Type, global warehouse management systems market can be segmented as
  • Software
  • Service
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On the basis of end-use industry, global warehouse management systems market can be segmented as
  • Automotive
  • Electricals and Electronics
  • Healthcare
  • E-Commerce
  • Chemicals
  • Transportation and Logistics
  • Wholesale/Retailers/Distributors
  • Food and Beverages
  • Oil and Gas
  • Household and Personal Care
Global Warehouse Management Systems Market: Regional Outlook
Presence of prominent companies in North America and Europe which leads to the utilization of more and more warehouse management systems in warehouses. Thus, North America and Europe are anticipated to witness significant growth rate in global warehouse management systems market. Growing economies of the Asia Pacific countries such as India, Indonesia and China are forecasted to observe the peak demand for the warehouse management systems. Aforementioned regions are anticipated to witness significant growth in end-use industries and thus the need of warehouse management systems in this regions are likely to increase. Moderate growth in warehouse management systems market is expected in Middle East and Africa due to increasing urbanization.
Global Warehouse Management Systems Market: Key Participants
Example of some of the market participants in the global warehouse management systems market identified across the value chain include
  • Manhattan Associates
  • Simparel, Inc.
  • JDA Software Group, Inc.
  • SAP SE
  • Oracle
  • 3PL Central LLC
  • HighJump Software Inc.
  • Tecsys Inc.
  • Softeon, Inc.
  • Acuity Global LLC
  • Master System, Inc.
  • Epicor Software Corporation
  • Jungheinrich AG
  • Minerva Associates
  • PTC
  • Magaya Corporation
  • Egemin Automation Inc.
  • Codeworks, LLC
  • IQMS
  • CQuential Warehouse Systems
  • HAL Systems Inc.
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We leave no stone unturned to give clients an exhaustive coverage of the industry.
Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Wednesday, April 29, 2020

Automotive Grab Handle Market to Reflect Steady Growth Rate by 2029

Automotive Grab Handle Market: Introduction
Grab handles are considered as a key safety feature of any vehicle. Getting in or out of a vehicle can be extremely dangerous if its grab handles are poorly manufactured or designed, not attached correctly, or corroded. They’re meant to allow a bit of support when entering and exiting the vehicle. Grab handles come in different forms and sizes. Some are installed outside the vehicle’s doors to help passengers climb in and out while other types are installed inside the vehicle to help passengers balance themselves when driving in harsh terrain.
Grab handles along with providing increased comfort levels, also contributes in enhancing the styling of the car. This is why car designers emphasize on the look and feel of grab handles along with the safety and comfort requirements. The intention of faster production with cost optimization in order to increase profits and maintain market competitiveness, is regarded as a key growth strategy among emerging market players. This is thus, expected to propel the market growth for automotive grab handle.
Automotive Grab Handle Market: Dynamics
Automotive grab handle is estimated to witness a high demand in the automotive industry in the coming years owing to various factors such as surging people disposable income coupled with increase in number of automotive sales. Additionally, vehicle customization especially among automotive enthusiasts and the emerging popularity of automotive accessories is also projected to amplify the market growth in the upcoming years.
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In the current market scenario, winning OEM supply contracts enables the manufacturers to grow and withstand their market share, owing to negligible replacement rate of grab handles in the aftermarket. In addition, minimal cost of grab handles and easy installation process is expected to further augment the automotive grab handle market growth over the forecast period.
Development of new manufacturing facilities in emerging regions in order to meet the demand from automobile industry is expected to fuel the growth automotive grab handle market. Lucrative growth of the automotive component industry is projected to spur the demand for automotive grab handle in the market, which in turn, is likely to encourage manufacturers to expand their production facilities. Moreover, automotive grab handle manufacturers are entering into consolidation activities to expand and secure their presence in the market.
Automotive Grab Handle Market: Market Segmentation
On the basis of material type, the global automotive grab handle market can be segmented into the following,
  • Billet Aluminum
  • Plastic
  • Stainless Steel
On the basis of vehicle, the global automotive grab handle market can be segmented into the following,
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Buses and Coaches
  • Trucks and Trailers
  • Passenger Vehicle
  • Compact Cars
  • SUVs
  • Luxury Cars
  • Mid-sized Cars
On the basis of sales channel, the global automotive grab handle market can be segmented into the following,
  • OEM
  • Aftermarket
Automotive Grab Handle: Regional Market Outlook
The upsurge in the adoption of advanced technologies, especially in the automotive industry, to create lucrative opportunities, especially in the Asia Pacific region.
Increasing sales of mid-sized cars, particularly in the Asia Pacific region, make it a potential segment for manufacturers specializing in compact designs of automotive grab handles. This is backed by factors such as noteworthy growth in disposable income, rise in automobile and manufacturing industry especially in China & India. This is estimated to create lucrative growth opportunities in the automotive grab handle market.
Similarly, in regions such as Europe and North America, the demand for travelling convenience and safety features in automobiles is widening which requires fast production capacity with high precision. As a result, North America and Europe markets are stipulated to be the attractive regions for the automotive grab handle market.
With rising demand from South Asia and East Asia, new players in the automotive grab handle market are estimated to find substantial investment opportunities in such target regions.
Automotive Grab Handle: Market Key Players
Some of the prominent market participants in the global automotive grab handle market include the following players:
  • Rugged Ridge
  • Crown Automotive Sales Co. Inc.
  • Omix
  • Dorman Products
  • American Shifter Company
  • Eberhard
  • Warrior, Inc.
  • Smittybilt Inc.
  • Skyjacker Suspensions
  • Quadratec, Inc.
The automotive grab handle research report presents a comprehensive assessment of the automotive grab handle market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The automotive grab handle research report provides analysis and information according to market segments, such as geographies, application, and industry.
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Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

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