Category Archives: Auto/Verkehr

Auto/Verkehr Energie/Natur/Umwelt Pressemitteilungen

Hydrochloric Acid Market is Likely to Witness huge Growth over 2019 – 2025

Asia Pacific and North America emerged as the largest hydrochloric acid market in 2018. Growing food and beverage industry in the region due to robust population growth is expected to drive the overall product demand in the near future. Moreover, hydrochloric acid production in North America has been witnessing high growth rates as a result of availability of low-price feedstocks supported by unconventional crude oil boom. North America demand is concentrated to oil and gas industry as the product is extensively used in hydraulic fracturing. With the growing oil production in the region, hydrochloric acid market is also expected to achieve high growth rates in the near future.

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Rising demand from end user industries like food processing, water treatment and oil and gas is the major driver likely to uplift the global hydrochloric acid market growth in the forthcoming years. Furthermore, rising product demand in pharmaceutical and steel industry is anticipated to trigger the market growth by 2025. For instance, it is used as a reducing agent in deionizing processes and as catalyst in the pharmaceutical industry. Furthermore, increasing utilization of HCL in oil wells for acidizing purpose as a result of enhancement in reservoir rock flow is another factor likely to accelerate the global market growth in the near future.

Hydrochloric acid market is generally categorized into synthetic hydrochloric acid and by-product hydrochloric acid. Synthetic HCL is generally found as hydrogen chloride aqueous solution which is acidic in nature. This category of acid is quite easy in handling and is used for neutralization and in pH balancing. The product is also used in industrial chemicals, food and for treatment of metal surface. On the other, by product hydrochloric acid is generated during manufacturing of silica and other organic chemicals. For instance, HCL is generated as a byproduct in the manufacturing process of chloroethane to produce PVC.

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The hydrochloric acid market growth is majorly restrained by strict government regulations regarding environment safety as hydrochloric acid production results in large CFC emissions. Another curb to growth of the market is negative health impacts caused by direct contact of the product with skin. HCL is highly corrosive to skin, eyes and other mucous membranes. Even a short-term exposure can cause nose, eye as well as irritation in respiratory tracts.

Some of the key hydrochloric acid market participants are AkzoNobel N.V., Compound Solutions Inc, Allan Chemical Corporation, Eco-Tec, Brainerd Chemical Co, Inc. and Qingdao Henley Co., Ltd. Industry rivalry in the market is quite high as a result of increasing mergers and acquisition in the industry. For instance, PVS acquired chorolkali plant in Thailand to increase its customer base in the region.

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Auto/Verkehr Gesellschaft/Politik Pressemitteilungen

Chemical Distribution Market is expected to show significant growth by 2025

The report presenting a comprehensive exploration of the global Chemical Distribution Market encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the Wooden Decking industry in the near future.

Asia Pacific is likely to propel at a significant rate in the forecast timeframe due to presence of large number of small & medium sized chemical manufacturers. Major factors driving the growth in this region are rising consumer size, expanding digitalization, developing economy and expanding end-user industries. North America is another key region in the chemical distribution market due to presence of key participants. These participants have a better market reach and reduces the complexity in the global supply chain. Their superior logistics management and technical know-how helps these companies to strengthen their presence globally.

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The chemical distribution market is segmented based on products, end-user and region. The major two product segments are commodity and specialty products. The specialty segment is likely to gain a significant growth rate in the coming years due to its rising demand from various industries. This product type is manufactured to perform specific functions and its distribution has been evolving in the past years in order to reach small customers. Rising developments in the construction and automotive sector is likely to propel the growth in this segment.

Based on end-user, the chemical distribution market is segmented into construction, automotive & transportation, electronics, food & beverage, packaging, energy, etc. Automotive & transportation is likely to occupy a significant share in the market owing to rising demand for products like coatings, paints, sealants, polymers etc. Rising trend in the production of light-weight vehicles has immensely increased the demand for polymer products in the automotive industry. Hence, the market has helped in making cost effective products offered by Asian manufacturers available in the global market.

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Rising demand for specialty chemicals in various industries would be another growth driver in the chemical distribution market. These specialty products are majorly consumed by end-users like construction, electronics, cosmetics, agriculture, etc. The global construction industry spending is likely to increase from about USD 9 trillion in 2014 to over USD 14 trillion by 2025.

The major activities of these suppliers include formulation, product mixing, packaging, storage, product handling & logistics. They also provide various customer services like technical services, regulatory compliance, packaging & labeling, documentation, etc. Such extensive services provided by the suppliers helps in reducing the cost burden on budding manufacturers and in turn increase growth in the chemical distribution market.

Rising environmental concerns and carbon emission limits are some factors which has led these players to take sustainable steps to maintain their position in the market. Some of the main chemical distribution market players are Brenntag AG, Helm AG, Univar Inc., O-mya AG, Nexeo Solutions, Stockmeier Group, Azelis, Biesterfeld AG, IMCD, Royal Vopak N.V., Global Chemical Resources, KPL International Limited, Azelis, Parchem Fine & Specialty Chemicals etc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Aktuelle Nachrichten Auto/Verkehr Pressemitteilungen

Electronic Stability Control System Market Overview and Product Scope over 2019 – 2025

The qualitative research study introduced by Global Market Insights on Electronic Stability Control System Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Electronic Stability Control System Market.

Asia Pacific is expected to witness a considerable growth in the electronic stability control system market owing to the large automotive industry. The countries, such as India, are witnessing rapid growth in automotive production. The steps such as allocation of 100 percent foreign direct investment for the automotive sector have created significant opportunities for automotive manufacturers. The country witnessed 8 percent growth in automotive production in 2018 as per the data by the International Organization of Motor Vehicle Manufacturers. The growing safety regulations also influencing the electronic stability control system market in the Asia Pacific region. The Malaysian government for example introduced a mandatory standard for the implementation of electronic stability program in November 2016, which applies to new vehicles sold in the country from 2018.

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Electronic Stability Control System Market size is set to reach USD 45 billion by 2025; according to a new research report by Global Market Insights, Inc. The global unit shipments will grow at over 9% CAGR from 2019 to 2025.The electronic stability control system market is anticipated to have a lucrative growth with the increasing implementation of safety features such as traction control systems and anti-lock braking system in vehicles.

According to Robert Bosch, 80 percent of the accidents due to skidding can be prevented by the implementation of electronic stability program. These systems can apply individual force to each wheel of the vehicle according to the requirements, preventing it from skidding and providing traction to improve the steering control. The manufacturers are providing these systems integrated with ABS and traction control system to effectively prevent understeer and oversteer, further increasing the demand in the electronic stability control system market.

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The commercial vehicles are expected to create a considerable demand in the electronic stability control system market. The commercial vehicles industry is growing with the increasing demand for goods transport and growth in the industrialization. The safety of commercial vehicles has gained growing importance in recent years. In April 2018 Bendix, one of the leading manufacturers in the industry, announced that it has sold 600,000 units of electronic stability control systems in North America since its launch in 2005. Also, WABCO offers stability systems and modular braking system platforms, particularly for the commercial vehicles, aimed at reducing the system development and installation time of vehicle manufacturers for multiple vehicle portfolios.

Robert Bosch GmbH, Continental AG, ZF Friedrichshafen, Autoliv Inc., Hitachi Automotive Systems Ltd., Johnson Electric, WABCO, General Motors (StabiliTrak), Denso Corporation, IAV Engineering, and Johnson Electric are among the major companies in electronic stability control system market. Cost optimization has become one of the prominent areas of work by manufacturers.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Aktuelle Nachrichten Auto/Verkehr

Synthetic Ester Lubricants Market is set to see healthy CAGR during 2019 to 2025

Global Synthetic Ester Lubricants Market is segmented on the basis of product type, application and region. Based on product type, the market is segmented into dibasic, aromatic and polyol. Dibasic product type will have significant market share as they provide high biodegradability, high thermal stability, high performance at low temperature levels, etc. Aromatic product type have higher viscosity than dibasic and are cost-effective. Polyol product type will have high growth rate as they have superior performance characteristics, thermal stability and operational temperature range among all product types in the market.

Compressor oil application will have substantial share in global synthetic ester lubricants market in coming years. It can be attributed to high hydrolytic and thermal stability of the product. Synthetic ester lubricants used as compressor oil have ability to control the moisture content and they act as oil seals and coolants as well.

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Global automobile production has witnessed a growth of over 13% between 2012 and 2018. Escalating automobile production, private & public investments in the industry, favorable initiatives from government, rising disposable income are some of the driving factors observed in the Asia Pacific region which will boost the global automotive market in the coming years. Synthetic ester lubricants are replacing petroleum-based transmission fluids and engine oil owing to their biodegradability, low volatility, excellent oxidative and thermal stability, etc. Additionally, it reduces frictional drag which enhances the fuel efficiency of the vehicle. Thus, growing automotive industry will boost the development of global synthetic ester lubricants market in coming years.

Hydraulic oils application segment will have high growth owing to the extensive use of synthetic ester lubricants as hydraulic oils in oil & gas and energy sector. The product when used as a hydraulic oil provides an extensive operational temperature range owing to various available ester grades, which propels the synthetic ester lubricants market demand. Furthermore, as environment friendly products are gaining more preference to reduce the ecological hazards, the biodegradability associated with the product further encourages its application as hydraulic oils in various end-use industries.

North America region will have significant market share in global synthetic ester lubricants market owing to the presence of mature aerospace & defense and automotive industry. USA, the world’s largest aircraft manufacturer and second largest automotive producer in the world will drive the regional synthetic ester lubricants demand. Asia Pacific region will have high growth rate due to escalating industrial development and major investments coupled with rising automotive production.

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Orders for commercial aircraft have increased significantly owing to the increasing number of passengers. It has resulted in various expansion initiatives by leading aircraft manufacturers. According to Boeing, world’s largest aircraft manufacturing company, average passengers in commercial airlines has increased by more than 6% between 2012 and 2017. It has been claimed that the order backlog for commercial aircrafts is at its peak and in order to meet the service needs of both cargo and passengers, more than 35,000 aircrafts will be produced in the next two decades out of which more than 35% will be delivered in Asia Pacific region. The reason behind such higher demand from Asia Pacific region is increasing spending capacity, reassessment for improving the existing infrastructure to meet current & future demands, etc. This trend has let many aircraft manufacturers to have stronger focus on aerospace industry in the Asia Pacific region. Additionally, increasing investments for defense aircrafts will also drive the global aerospace & defense industry. As the use of synthetic ester lubricants is increasing rapidly for turbine engine lubrication, the growth in global aerospace & defense industry will drive the synthetic ester lubricants market demand in the near future.

Some of the major market players in synthetic ester lubricants market include Shell, Exxon Mobil, Total, British Petroleum, Chevron, Fuchs Group, Valvoline, Amsoil Inc., etc.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Aktuelle Nachrichten Auto/Verkehr Internationales Reisen/Tourismus

Indienvisa an neuen Standorten: Visastellen in Berlin und München umgezogen

Die Visastellen in Berlin und München haben seit Frühjahr 2019 neue Adressen. Wenn Reisende nun Indienvisa beantragen, müssen sie seit Ende April in das Berliner Indien Büro in der Kolonnen Str. 29 im zweiten Hinterhof in 10829 Berlin. Die Münchner Stelle ist bereits Ende März in die Prinzregentenstraße 120 in München-Bogenhausen umgezogen.

Die zwei Niederlassungen der „International Visa Services Europe GmbH“, kurz ivs, sind die offiziellen Visastellen der indischen Botschaft. In Hamburg und Frankfurt am Main heißen die Visastellen „Indo German Consultancy Services“, kurz igcs. Auch diese hat die Botschaft offiziell mit den Angelegenheiten rund ums Indien Visum betraut. Eine Beantragung direkt bei der Botschaft oder einem der Konsulate ist nicht mehr möglich.


 

Lotus Mahal Hampi in Indien
Damit Sie dieses schöne Bauwerk, den Lotus Mahal Hampi, besuchen können, brauchen Sie ein Indienvisum. Die dafür zuständigen Visastellen sind kürzlich umgezogen.

 


 

Klassisches Visum Indien oder ETA beantragen?

Das ETA für Indien, also die elektronische Einreisegenehmigung, lässt sich bequem online beantragen. Der Antragsteller muss nicht in einer der Visastellen vorstellig werden. Für einen klassischen Indien Visumantrag in einer der Niederlassungen müssen Indien-Reisende mindestens zweimal persönlich erscheinen. Einmal, um die Unterlagen für das Visum einzureichen und ein zweites Mal, um den Reisepass mit dem Visum wieder abzuholen.

Hier besteht ein wesentlicher weiterer Unterschied zwischen den beiden Beantragungswegen. Während für ein E-Visum Indien lediglich die erste Seite des Reisepasses eingescannt und hochgeladen wird, muss der Pass für ein klassisches Indien Visum im Original abgegeben werden. Für die Dauer der Visa-Ausstellung verbleibt dieser auch bei der indischen Visastelle. Denn die Botschaft bzw. das Konsulat prüft den Indien Visumantrag und klebt die Einreisegenehmigung anschließend in den Pass hinein. Passfotos müssen auf diesem Beantragungsweg in ausgedruckter Form vorliegen.

Geschäftsvisum als E-Visum Indien oder auf die klassische Art

Auch bei einem Antrag auf Geschäftsvisa sind die Hürden höher. Bei der ETA-Online-Beantragung genügt es, einen Scan der eigenen Visitenkarte beizufügen. Für das Indien Visum als Aufkleber im Pass muss der Antragsteller deutlich mehr Unterlagen einreichen. Die indische Firma ist dafür zuständig, ihm einen Handelsregisterauszug und ein Einladungsschreiben auszustellen. Weiterhin wird ein Entsendungsschreiben der deutschen Firma erwartet. Erst wenn all diese Dokumente vorliegen, kann das Indien Visum an einer der Visastellen in Auftrag gegeben werden.

Aktuelle Nachrichten Auto/Verkehr Gesellschaft/Politik Pressemitteilungen

Pneumatic Tires Market is estimated to witness lucrative growth from 2019 to 2025

North America holds a substantial share in the Pneumatic Tires Market owing to rising motor vehicle production in the region. The motor vehicle production in USA reached about 7.7 million units in 2010 which increased to 11.3 million units by 2018. Rising production of commercial vehicles in this region is another reason behind this growth. For instance, total commercial vehicles manufactured in USA accounted to be about 5 million units in 2010 which increased to more than 8 million units by 2018. The rising aircraft manufacturing activities in the U.S. has resulted in propelling the growth in commercial vehicle sector. Rapid innovation in ballistic technology and rising developments in the U.S. defense industry is likely to augment the demand for pneumatic tires in the coming years. For instance, out of the various weapons exported by U.S., major share was occupied by aircrafts followed by armored vehicles. Hence, North America would be a significant regional pneumatic tires market in the future.

The various applications in the pneumatic tires market are passenger cars, motorcycles & bicycles, light commercial vehicles and heavy commercial vehicles. The motorcycle & bicycle segment is likely to portray a significant growth rate in the coming years due to rise in its production. The global two-wheeler sales reached more than 60 million units in 2018 which grew by 1.8% as compared to last year. This production trend was majorly driven by the Indian market. The motorcycle production in India has increased from 11 million units in 2010 to more than 20 million units in 2017-18. Such rising production would propel the demand for pneumatic tires in this segment.

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The pneumatic tires market is categorized based on product type, application and region. The two types of pneumatic tires are radial and bias type. Radial segment is likely to occupy a significant share in the market owing to its diverse qualities like excellent traction, flexible side walls, and is suitable for high mileage applications. Its offers low rolling resistance which helps the customers to save energy. Such features make it suitable for applications in commercial vehicles like buses, trucks, other public transport, and light & heavy-duty vehicles. Bias segment is likely to gain by a significant growth rate in the coming years due to its extensive usage in heavy commercial vehicles as it has a superior damage resistance.

What Information does this report contain?

  • Historical data coverage:2014 to 2018; Growth Projections: 2019 to 2025.
  • Expert analysis:industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
  • 6-7 year performance forecasts:major segments covering applications, top products and geographies.
  • Competitive landscape reporting:market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Rising production of commercial vehicles would be another growth enabler in the pneumatic tires market due to developments in the aerospace industry. The active global commercial fleet was estimated to be around 26,000 aircrafts in 2018 which is likely to increase to about 37,000 in the next ten years. Demand for defense aircrafts has also been increasing at a fast rate owing to increasing investment by governments of developed and developing countries in their defense sectors. Such rising trends would increase the demand for pneumatic tires in the forecast timeframe.

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Pneumatic Tires Market would portray a rising trend in its growth from 2019 to 2025 due to increasing vehicle production in the Asia Pacific region. Global motor vehicle production in 2018 accounted for more than 95 million units. Out of this, major Asia Pacific countries like China, India, Japan, South Korea, Thailand, etc. accounted for more than 50% of this production. Rising vehicle production in China is the major growth driver as it solely accounted for approximately 30% of the motor vehicle produced in 2018. This high production trend was followed by Japan and India. Major factors behind such development are growing population, improving per capita income, urbanization, cost-effective production factors, etc. Increasing vehicle production will in turn propel the demand for pneumatic tires in the coming years.

Some of the major pneumatic tires market participants are Trelleborg Group, Continental AG, Camso Solideal, Hankook Tire & Technology Co., Ltd. etc.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Auto/Verkehr Pressemitteilungen

Automotive Acoustic Materials Market will observe substantial demand from 2019 to 2025

Global Automotive Acoustic Materials Market share is expected to grow significantly on account of rising sales of premium, luxury, and sports vehicles. Moreover, the presence of multiple automotive players including Volkswagen, Audi, Skoda, BMW, and Fiat among others offering a wide range of premium vehicles further accentuates the market demand. For instance, Bosch launched its innovative automotive acoustic material for vehicles, that operate using microphones and algorithms to cancel out sound.

OEM’s are continuously investing in R&D to develop cost-effective nanofoam materials that are highly efficient in absorbing noise levels. The composite materials are capable of absorbing low frequency sound levels that may affect the human health considerably. For instance, in June 2018, Russian and Korean scientists developed an innovative nanofoam that reduces the level of noise transmission up to 22 dB. The usage of such new nanofoams in the vehicles will further escalate the automotive acoustic materials market size.

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Based on materials, the automotive acoustic materials market share is segmented into polyvinyl chloride (PVC), polyurethane, fibreglass, acoustic backscatter, and polypropylene. Polyurethane will showcase a considerable growth owing to the benefits offered by these materials including lower weight, enhanced aesthetics and superior sound absorbing properties. Industry participants are developing several polyurethane products that can be manufactured in a single step process. For instance, in March 2015, BASF announced that company developed polyurethane integral foam that enable vehicle manufacturer to produce lightweight engine covering in single process.

Based on component, the automotive acoustic materials market size is segmented into floor insulator, bonnet liner, parcel tray, trunk trim, engine cover, engine encapsulation, door trim, headliner, and wheel arch liner. Bonnet liner will account for a significant share over the forecast timeframe on account of the requirement for absorbing the noise and vibrations emitted from the vehicle engine. The sound deadening properties of the material along with the availability of a diversified liner sizes further expands the segment share.

 The automotive acoustic materials market size based on application is segmented into interior, exterior, under hood & engine bay, and trunk panel. The interior segment is expected to grow significantly owing to the requirement for offering premium and comfortable driving experience to passengers and drivers. The materials are also used for covering a wide range of interior applications including inner dash, headliners, dashboard, and floor insulators. Industry players are continuously developing acoustic materials that are suitable for multiple vehicle components.

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Based on vehicle the automotive acoustic materials market is segmented into PCV, LCV, and HCV. Passenger vehicles is expected to hold significant share owing to increasing vehicle sales across the globe. Moreover, automobile OEMs are focussing on launching a wide range of vehicles across diversified price range and different platforms including hatchbacks, sedans, SUVs, MPVs, and crossovers. Moreover, automobile manufacturers are incorporating innovative sound dampening technologies in their vehicles for enhancing customer experience. For instance, Ford offers its Endeavour SUV with active noise cancellation technology.

Automotive Acoustic Materials Market size is predicted to witness high CAGR from 2019 to 2025 impelled by improved noise control and significant reduction in noise, vibrations, and harshness levels. The availability of wide range of acoustic materials along with focus on improving damping capabilities are expected to significantly boost the industry share. The lower weight coupled with improved aesthetics and design flexibility are positively influencing the automotive acoustic materials market size.

Industry participants are using a combination of innovative thermal insulating and acoustic layers with integrated aluminum elements to optimize the vehicle NVH characteristics. The usage of low weight reinforced thermoplastics (LWRT) enable automobile manufacturers to reduce the ambient noise significantly. Additionally, the incorporation of these materials in the car floor body protects the underbody from stone chipping and corrosion.

The prominent players in the automotive acoustic materials market share include BASF SE, DOW Chemicals, 3M, Covestro, LyondellBasell, Huntsman International LLC, Sika AG and Henkel. The other players include Toray Industries, E. I. du Pont de Nemours and Company, Harman International Industries, Inc., Rockwool international, Tex Tech Industries, Fabri-Tech components, Thomas net and Saint-Gobain Ecophon AB.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Auto/Verkehr Pressemitteilungen

Integrated Traffic Systems Market is set to see healthy CAGR during 2019 to 2025

APAC Integrated Traffic Systems Market is expected to show significant growth over the forecast period due to growing urbanization in developing countries such as India and China. According to World Bank, 57.96% of the China’s population was living in the urban areas and 33% of the Indian population was living in urban areas in 2017. The increased population in cities is increasing traffic congestion across which is propelling the demand for integrated traffic system. The government authorities in the developing countries are focusing on improving the passenger safety specially for women and children. For instance, in in February 2019, Indian Ministry of Road Transport and Highways mandated the installation of vehicle location tracking devices and emergency button for new public service vehicles registered after 1st January 2019 under rule 125H of the Central Motor Vehicle Rule 1989.

Europe is expected to dominate the integrated traffic systems market over forecast period due to increase in number of commercial and passenger vehicle sales in the region. For instance, according to International Organization of Motor Vehicle Manufactures, in 2017, the passenger vehicle sales in Europe was 17,937,345 and commercial vehicles sales was reported 2,978,680. The Germany was leading country in vehicle sales across the Europe with 3,811,246 total vehicle sales. The existing traffic systems is not able to handle the rising on road vehicles which is resulting in growing demand of integrated traffic system in European countries such as Germany and France. The increase in government support for improving on road safety in developed countries such as the UK and Germany is also fueling the integrated traffic systems market share.

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forecast period due to increasing demand for on-road safety, increase in number of vehicles in developing countries and growing urbanization across the world. The increase in government support for Intelligent Transport Systems (ITS) to enhance road safety is another factor fueling the market growth. The increase in adoption of the smart cities is helping in development of improved roadside traffic infrastructure. The technological advancements such as autonomous vehicle and Vehicle-to-Everything (V2X) connectivity is also supporting the integrated traffic systems market growth. The growing demand for traffic control and monitoring across the cities to reduce the traffic congestion across the cities is helping in growing adoption of integrated traffic systems.

Integrated traffic system improves the reduces the on-road accidents due to improved traffic control and monitoring. It helps fleet managers in improving the productivity by saving time of drivers by planning routes efficiently and providing traffic updates and predicting the time of departure and arrival. It supports transportation and logistics companies economically by reducing the consumption of fuel and idle time. This improves the fleet times and reduces the losses occurring due to delay in delivery of logistics. The integrated traffic systems improve the traffic efficiencies by significantly reducing the traffic congestions. Improved traffic efficiency helps transportation and government authorities to respond quickly in case of any emergency. The use of integrated traffic system significantly reduces the emission of airborne pollutants and carbon dioxide.

The smart traffic infrastructure involves smart surveillance cameras which reduces the crimes associated with vehicles. It helps in avoiding the illegal vehicle driving practices such as traffic violating vehicle can be tracked and penalized at the next traffic junction based on the vehicle registration number. This helps in creating a discipline in driving practices which improves the road efficiency. It improves the reliability in journey times between various locations which enables passenger with enhanced quality of road-based transportation experience. There is lack of significant standardization of communication technologies used in integrated traffic significant which can be a big restraint in integrated traffic systems market demand. The integrated traffic system requires development of high cost smart road-side infrastructure. This can be a big challenge in adoption of integrated traffic systems in developing countries.

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The companies are focusing on strategic acquisition for enhancing their integrated traffic systems capabilities. For instance, Cubic Corporation, an US based intelligent transportation system solution provider, acquired GRIDSMART, a camera solution provider for traffic management, to expand its intelligent traffic management solutions. This expansion helped the company in providing more reliable its traffic management solution for improving the road safety.

The major players operating in integrated traffic systems market are Siemens, Kapsch Trafficcom, Cisco, SWARCO, Sumitomo Electric, LG CNS, FLIR, Cubic Corporation, Jenoptik, Iteris, Savari, EFKON, Transcore, Imtac, Citilog, Atkins, GTT, Intelvision Technologies, PTV Group and Q-Free.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Auto/Verkehr Pressemitteilungen

Passenger tire market is set to see healthy CAGR during 2019 to 2025

Global passenger tire market share based on material can be segmented into natural and synthetic rubber. The increasing demand for natural rubber can be credited to the reduced carbon footprint along with lower costs associated with the development of such tires. The synthetic rubber accounts for a considerable share owing to the higher costs associated with the petroleum products.

Advancements in technologies along with continuous investments by tire manufacturers to minimize the tire weight and complexity are providing a positive outlook for the passenger tire market share expansion. The rising preference for airless tires owing to benefits offered including lower maintenance, superior durability, and ability to travel across diversified terrain conditions accentuates the industry demand. However, the higher costs associated with the acquisition of such tires are hampering the business share over the study timeframe.

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Passenger Tire Market size is poised to register significant CAGR during the forecast years due to rising preference for personal mobility solutions. Automobile manufacturers focus on providing tires for their vehicles by maintaining optimum grip levels, fuel economy, along with minimum maintenance requirements. The availability of a wide range of tires with different sizes and tire tread patterns across multiple variants further accelerates the passenger tire market size.

Based on distribution channel, the passenger tire market share is categorized into OEM and aftermarket. OEMs will account for a significant share in the market share on account of rising vehicle production across the globe. OEMs offer a wide range of tires of varying sizes for a diversified range of vehicle models including hatchbacks, sedans, SUVs, MUVs, and crossovers. The aftermarket segment will witness considerable growth on account of the requirement for tire repairs and replacements.

Asia Pacific will account for a significant share in the passenger tire market share. This can be credited to the rising automobile sales across the region owing to improving disposable income and rising preference for personal mobility solutions. Moreover, the presence of multiple automobile manufacturers across the region with their production facilities along with the availability of low-cost labor, raw materials, and favorable government policies further accentuates the regional demand.

Few of the prominent players operating in the passenger tire market share include Michelin, Pirelli, Goodyear Tire & Rubber Company, Continental, and Bridgestone. Industry players are continuously investing in R&D and developing advanced new tires for expanding their market share

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Strategic partnerships and joint ventures are some of the major strategies adopted by industry players for improving their business share and cater to a wide customer base. For instance, in 2018, The Goodyear Tire & Rubber Company and Bridgestone Americas, Inc. formed a joint venture named TireHub, LLC for providing U.S. tire retailers and dealers with a wide range of passenger vehicle tires. The notable players operating in the passenger tire market share include CEAT Ltd., Apollo Tyres, Birla Tyres, Hankook Tire, and Nokian Tyres among others.

Industry players are continuously investing in R&D for developing advanced tires suitable for diversified terrain and climatic conditions. For instance, in 2014, Nokian Tyres showcased its non-studded winter tires, with the capability of bringing out the studs with the usage of a switch. This improves the grip levels significantly and further, the studs are easily retracted back, while not in use, thereby improving vehicle efficiency.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Automotive Advanced Gear Shifter System Market is poised to grow substantially till 2025

Global Automotive Advanced Gear Shifter System Market automotive advanced gear shifter system market size based on vehicle is segmented into passenger vehicles, LCV, and HCV. Passenger vehicles will account for a significant share owing to rising customer preference towards automatic transmission vehicles. The increasing vehicle sales across the globe along with easier availability of financing alternatives will further support the business expansion. The vehicle manufacturers are frequently launching new vehicle models with advanced transmission alternatives to increase their market reach. For instance, in May 2019, Hyundai launched its Venue compact SUV with dual-clutch transmission (DCT) technology.

The poor road conditions coupled with improvements in technology and enhanced fuel efficiency of semi-automatic and automatic transmission vehicles are boosting the product penetration over the study timeframe. The vehicle users in the emerging economies including India are adopting automatic vehicles owing to ease in travelling along with ease of driving in highly congested areas

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The increasing adoption of x- by- wire technologies in vehicles owing to the requirement for precision in electronic engine controls are supporting the automotive advanced gear shifter system market growth. The system eliminates mechanical linkages and uses electromechanical or electrical systems to improve fuel economy and offers superior comfort during travelling compared to the manual transmission vehicles. In addition, the several counties including U.S., China, and India across the globes are providing subsidiaries to promote usage of electric vehicles that will further boost the product penetration.

The organizations including the International Organization for Standardization (ISO), Automotive Research Association of India (ARAI), and National Highway Traffic Safety Administration (NHTSA) provides guidelines for safety of automotive systems. ISO/TS 12104:2003 provide the gearshift pattern guidelines for automatic transmission to ensure the safety and vehicle performance. These regulations further boost the customer confidence towards usage of these systems, thereby proliferating the automotive advanced gear shifter system market expansion.

Based on technology, the automotive advanced gear shifter system market is bifurcated into automatic shifter and shift by wire (SBW) technology. The automatic shifter will grow considerably owing to development of cost-effective automatic shifter solutions ideal for small city cars. Industry players are introducing advanced new shifter technologies that offers economic solutions for budgeted vehicles. For instance, in March 2016, FEV launched its compact dual clutch transmission (DCT) for city vehicles.

Based on component, the automotive advanced gear shifter system market size is segmented into CAN module, electronic control unit (ECU), and solenoid actuators. The ECU will grow significantly owing to its critical component functioning in gear shifter operations. The ISO 26262 ensures the quality of ECU used in systems and are appropriately tested prior to commercialization. The adoption of optimized ECU calibration enables vehicle manufacturers to improve the fuel efficiency. For instance, in February 2014, Maruti Suzuki launched Celerio with auto gear shift technology that includes new generation transmission and ECU. and communications ecosystems in the country against botnets and other types of automated and distributed threats.

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The Asia Pacific Automotive Advanced Gear Shifter System Market is expected to register an accelerated growth over the forecast timeline due to the rising adoption of IoT and rapidly increasing penetration of smartphones, leading to the increased vulnerability of connected devices. China dominated the global network of botnets in 2017. In June 2017, Kaspersky Lab reported that 17,060 botnets were detected in China where the botnet activity was reported to be 80% higher as compared to the U.S. where 7,350 bots were detected.

Few of the key participants in the automotive advanced gear shifter system market size include ZF Friedrichshafen AG, Ficosa Internacional SA, Kongsberg Automotive, Silatech Srl, Stoneridge, Inc., and Lumax Industries. The other players in the market includes Dura, GHSP, Orscheln Products, Atsumitec, Kostal, Eissmann Group Automotive, Delta Kogyo, and M&T Allied Technologies. Long term agreements and contracts with vehicle manufacturers are the key strategies adopted by industry participants to enhance their revenue share. For instance, in November 2017, Ficosa Internacional SA announced multiple contracts from Asian automobile manufacturers combinedly worth at over USD 45 million for providing shift-by-wire levers, rotary shift-by-wire systems, ECU, and gearbox actuators.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.