Motorcycle Accessories Market by Size | Growth | Analysis | Trends and Forecasts to 2016 - 2026

Improved economic outlook across the globe resulted into substantial increase in purchasing power of consumers over the past few years. Consequently, several industry verticals reported an increase in overall demand for respective products, and automotive industry is no different. However, different trends in sales reported across sub-segments within the automotive sector, but motorcycle sales has always remained impressive, particularly in high potential markets. Growth in global motorcycle market ascertained the growth of allied industries such as motorcycle component and accessories. Motorcycle accessories, apart from increasing aesthetic appeal, also ensure better performance, safety and security. Global motorcycle accessories market is projected to register a CAGR higher than 5% by 2020 and decline a bit on long term projections till 2026. A variation in CAGR is evident across geographies and clusters, subjected to penetration of products launched by established motorcycle accessories suppliers and cyclicity of product launched by local and regional player in respective geography.

Motorcycle Accessories Market: Drivers and Restraints

Perpetual growth in motor cycle sales coupled with new variants of motor cycle introduced by manufacturers catalyzed the growth of motorcycle accessories market, which grew at a CAGR of over 4% in past five years. Expansion of European and American motorcycle manufacturers in emerging markets also contributed to the demand for motorcycle accessories. Technology advancement led to wider adoption of accessories across target customer base.

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Increasing consumers demand for motorcycle is one of the factor fuelling the demand for motorcycle accessories. Furthermore, development of cost effective combustible engines along with increasing popularity of motorcycles among youths is expected to boost overall sales of motorcycle accessories worldwide. Worldwide sales of motorcycle in the developed as well as developing countries is projected to augment the demand for motorcycle accessories over the forecast period. With more manufactures focusing on technology and product development, the demand for motorcycle accessories is expected to showcase a promising future throughout the forecast period. Consumers preference for aftermarket can hinder the sales for OEM (Original Equipment Market), as is one of the big challenge for the growth of the motorcycle accessories market.

Motorcycle Accessories Market: Segmentation

On the basis of product type, the global motorcycle accessories market is segmented into,

• Protective Gear
• Frames and Fittings
• Lighting
  • Headlights
  • Flashers
• Bags & Luggage
• Batteries
• Others

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On the basis of motorcycle type, the global motorcycle accessories market is segmented into,

• Standard
• Cruiser
• Sport bikes
• Touring
• Dual-purpose
• Scooters, mopeds

On the basis of distributional channel, the global motorcycle accessories market is segmented into,

• Multi brand Retail
  • Organized Retail Outlet
  • Independent Outlets
• Single Brand Retail
• e-Retail

On the basis of market type, the global motorcycle accessories market is segmented into,

• Original Equipment Market (OEM)
• Aftermarket

On the basis of geography, the global motorcycle accessories market is segmented into,

• North America
• Latin America
• West Europe
• Eastern Europe
• Middle East & Africa
• Asia Pacific excluding Japan
• Japan

Motorcycle Accessories Market: Region-wise outlook

By region wise, the global motorcycle accessories market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. The global motorcycle accessories market is expected to register healthy CAGR during the forecast period. Asia pacific is expected to dominate motorcycle accessories market throughout the forecast period. Significant presence of accessories along with substantial rise in overall consumer spending is expected to drive the demand for motorcycle accessories market in the region. Next, North America and Europe are expected to create substantial demand for motorcycle accessories market. In Latin America and Middle East & Africa is expected to grow at a subdued rate owing to low consumer spending.

Motorcycle Accessories Market: Key Players

Some of the Key players operating into the global motorcycle accessories market are Akropovic, Bajaj Auto Limited, Suzuki, Honda Motor Company Limited, KTM Company, Loncin Motorcycle, Ducati Motor Holding S.p.A, Hero Motocorp Limited, Chongqing Lifan Industry (Group) Company Limited.

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 geography, technology and applications.

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Automotive Switch Market by Top Brands, Trends and Demand 2016 - 2026

Global Automotive Switch Market: Overview

Automotive switch is like an electromechanical device that is used to operate an electrical circuit. It is used in vehicles for a wide variety of applications such as infotainment system, HVAC system, and electronic component systems. It helps the driver to control the direction indicators, infotainment, windows, and headlights without getting distracted from driving. There are different types of automotive switches such as rotary, push button, toggle switches, and knobs. Nowadays, Illuminated switches are provided in the vehicles to indicate the actuation about a specific function, thus making it convenient for the user to locate and identify the switch position during low light. Illumination is provided in a number of switches, including rocker switches, push button switches, toggle switches and rotary switches.
As new technologies are implemented and accepted, so complexity of electrification in automobiles is increasing. In order to make the automobiles system more reliable and efficient automobile manufacturers are using electronics devices. With the growing control requirements, increased vehicles electrification, and simplified wiring, automotive switches use is inevitable. The global automotive switch market is anticipated to have a modest CAGR in the forecast period.

Global Automotive Switch Market: Drivers and Restrains

The ever increasing global automobile market and the growing adoption of automotive switches in the operating systems of vehicles is the major driving factor for the global automotive switch market. Also the technological advancements in the automobiles in terms of electronics systems and electrifications is making the use of automotive switch more common in vehicles. The ease of operating the different functions during driving through automotive switches, and the illuminating nature of automotive switch that makes it easy to locate are bolstering the growth of global automotive switch market.

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However, luxury car manufacturers are incorporating screen touch panels in their vehicles for different electronics operations that can hamper the global automotive switch market. Also after a prolonged use of automotive switches their service starts deteriorating and delays the operations that can again slowdown the automotive switch market.

Global Automotive Switch Market: Segmentation

On the basis of types of switches, the global automotive switch market can be segmented as follows:

• Rocker switches
• Push button switches
• Rotary switches
• Toggle switches
• Others

On the basis of applications, the global automotive switch market can be segmented as follows:

• Indicator system switches
• HVAC
• EMS switches
• Electronic system switches
• Others

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Global Automotive Switch Market: Region Wise Outlook

The global automotive switch market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. Europe is the dominant region in the global automotive switch market owing to the ever increasing automobile market in this region. Asia Pacific is the second major contributor in the automotive switch market due to the automobile giants such as Maruti, Hero and other companies. The companies such as General Motors, Ford are having a significant contribution in the global automobile market making North America a considerable player in the global automotive switch market. Japan is technologically advanced country in terms of automotive markets and so the technology of automotive switches is very common in this country. Latin America and Middle East and Africa are at a nascent stage in the automotive switch market but is anticipated to have a modest CAGR in the forecasted period.

Global Automotive Switch Market: Key Players

Some of the key players in the global automotive switch market are as follows:

• Salzer Electronics Limited
• INENSY
• Eaton
• Top Quality Auto Electric Products Co.,Ltd
• Yueqing Daier Electron Co., Ltd.
• Changzhou Leili Pressure Controller Co., Ltd.
• Radin Electric Technology Co., Ltd.
• Millborn Switchgears Pvt. Ltd
• Sun Autoelektrik Private Limited
• Gilard Electronics Private Limited

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 geography, technology and applications.

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• Key Competition landscape
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• A neutral perspective towards market performance

Automotive Oil Fue Market by Type and Application to 2016 - 2026

Global Automotive Oil & Fuel Market: Overview

Automotive oil is a lubricant which is used in internal combustion engines that power motorcycles, cars, engine-generators, lawnmowers, and such kind of other machines. There are parts in the engines that moves against each other and this friction wastes useful power in the form of heat from kinetic energy conversion. Sometimes, the wear of those parts takes place that would lead to degradation and lower efficiency of engine. All these factors decreases power output of the engine, and increases the fuel consumption and can even lead to failure of the engine. To prevent this damages and losses lubricating motor oil is used that forms a thin film between the adjacent moving parts to avoid the direct contact between the parts. Thus the wear and the friction gets reduced and engine gets protected. An automobile fuel is used to power the engines and ultimately the vehicles, mostly the fuel used in the vehicles are gasoline or diesel. There are even other fuels available in the market these days and it includes biodiesel, ethanol, compressed natural gas (CNG), propane, hydrogen and charged batteries.

The fuel in the vehicle ignited in the engine to provide energy, in case of a diesel engine the fuel ignites by compression and in case of gasoline engine it ignited by spark. The global automotive oil & fuel market is anticipated to have an healthy CAGR in the forecast period.

Global Automotive Oil & Fuel Market: Drivers and Restrains

The ever increasing automobile industry leads to the rise in the consumption of fuel required to run the vehicles is the major driving factor for the global automotive oil & fuel market. Also rising industrialization and urbanization is making the automobiles to run more than required and leads to the maintenance of its engines. Thus the need of the oil required for the maintenance of the automobiles is at its peak. All these factors leads to the growth of global automotive oil & fuel market.

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However, the surging cost of the fuels such as diesel and gasoline is leading to the unaffordability of the use of automobiles that can slowdown the growth of automotive oil & fuel market. Also the risk of explosion of vehicles, specially the vehicles running on gas is scaring people to opt for these kind of vehicles that can again hamper the automotive oil & fuel market.

Global Automotive Oil & Fuel Market: Segmentation

On the basis of types of oils, the automotive oil & fuel market can be segmented as follows:

• Diesel engine oils
• Two Wheeler Oils
• Passenger car motor oils
• Gear & transmission oils
• Gas engine oil

On the basis of types of fuel, the automotive oil & fuel market can be segmented as follows:

• Gasoline
• Diesel
• Biodiesel
• Auto gas
• Ethanol blend
• Hybrid

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On the basis of vehicle type, the automotive oil & fuel market can be segmented as follows:

• Passenger cars
• Light commercial vehicles
• Heavy commercial vehicles
• Domestic vehicles

Global Automotive Oil & Fuel Market: Region Wise Outlook

The global automotive oil & fuel market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. Europe is the dominant region in the global automotive oil & fuel market owing to the ever increasing automobile market in this region. Asia Pacific is the second major contributor in the automotive oil & fuel market due to the automobile giants such as Maruti, Hero and other companies. The companies such as General Motors, Ford are having a significant contribution in the global automobile market making North America a considerable player in the global automotive oil & fuel market. Japan is technologically advanced country in terms of automotive markets and so the technology of automotive oil & fuel is very common in this country. Latin America and Middle East and Africa are at a nascent stage in the automotive oil & fuel market but is anticipated to have a modest CAGR in the forecasted period.

Global Automotive Oil & Fuel Market: Key Players

Some of the key players in the global automotive oil & fuel market are as follows:

• TIDE WATER OIL CO. (INDIA) LTD.
• AMSOIL INC
• Schaeffer Manufacturing Co
• Bharat Lubricants
• Saudi Arabian Oil Co.
• China Petroleum & Chemical Corporation
• PetroChina Company Limited
• Exxon Mobil Corporation
• BP p.l.c
• Royal Dutch Shell plc
• Reliance Industries Limited

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 geography, technology and applications.

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Wireless Electric Vehicle Charging Market | Industry Outlook and Future Forecast Report Till 2026

Global Wireless Electric Vehicle Charging Market: Overview

Wireless electric vehicle is the latest technology used for charging the electric vehicles without the use of codes or plugs. The wireless receivers are installed in the electric vehicles through which the power is transmitted to the battery from power station. Wireless electric vehicle charging has several advantages over the traditional charging methods such as it is simple to use and convenient, automatic and is unaffected by rain or snow, can be used in any weather conditions. Moreover, the use of wireless electric vehicle reduces the size of the battery of electric vehicles and is capable of charging while the vehicle is in motion. The penetration of electric vehicles are demanding more efficient charging technologies and reduction in the size of the batteries installed in electric vehicles. The wireless electric vehicle charging is the solution to address the above challenges faced by consumers and manufacturers. Thus, considering above factors the global wireless electric vehicle is expected to register a healthy growth rate over the forecast period.

Global Wireless Electric Vehicle Charging Market: Drivers & Restraints

The global wireless electric vehicle charging market is primarily driven by the increasing penetration of electric vehicles across the globe and the need for efficient battery charging technologies can be attributed to the growth of global wireless electric vehicle charging market. The wireless electric charging is capable of charging the electric vehicles in short span as compared to the wired systems and eliminates the constant stop for charging during long journeys as the wireless electric vehicle charging can be used while the vehicle is in motion. One of the prominent player in the wireless vehicle electric charging market has developed mobile apps integrated with the charging system, which allows the customers to charge their electric vehicles by parking their vehicles in the company’s power station and charge electric vehicles with a click on the smartphone. The above-mentioned trends will also contribute to the growth of global wireless electric vehicle charging market.  The technological challenges such as the signaling problem and errors among others might pose as a restraint to the global wireless electric vehicle charging market.

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Global Autonomous Vehicles Market: Market Segmentation

Based on power transfer technologies, the global wireless electric vehicle charging market can be segmented into:

• Laser
• Photoelectric
• Radio Waves
• Micro Waves
• Inductive Coupling
• Magnetic Resonance Coupling

Based on type of vehicles, the global wireless electric vehicle charging market can be segmented into:

• EV’s (Electric Vehicles)
• PHEV’s (Plug-in Hybrid Electric Vehicles

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Based on type of charging, the global wireless electric vehicle charging market can be segmented into:

• Stationary Wireless Electric Vehicle Charging
• Dynamic Wireless Electric Vehicle Charging

Global Wireless Electric Vehicle Charging Market: Regional Outlook

Based on the geographic regions, global wireless electric vehicle charging market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, the North America market holds the largest share of global wireless electric vehicle charging market, due to the higher penetration of electric vehicles and the subsequent increase in the number of wireless electric vehicles charging station in the region. Western Europe market for wireless electric vehicle charging market is trailing behind the North American market. The adoption of the technology in countries like Sweden, Germany is attributed to the growth of wireless electric vehicle charging market in the region. China in the Asia-Pacific market for wireless electric vehicle charging market is expected to provide lucrative opportunities with forecasted penetration of EV’s in the country by OECD. The global wireless electric vehicle charging market will register a healthy double digit CAGR by the end of forecast period.

Global Wireless Electric Vehicle Charging Market: Key Players

Some of the key players identified in the global wireless electric vehicle charging market are Qualcomm Technologies, Inc., EVATRAN GROUP, INC., HEVO Inc., Leviton Manufacturing Co., Inc., and WiTricity Corporation. among others.

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 categories such as market segments, geographies, types, technology and applications.

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Report Highlights:

• Shifting Industry dynamics
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• 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