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Showing posts from August, 2018

Global Automotive Safety Systems Market to Reach US$ 56.1 billion in 2023

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The Global Automotive Safety Systems Market: Highlights The globalautomotive safety system market is projected to grow at a healthy CAGR of 6.7% over the next five years to reach US$ 56.1 billion in 2022, driven by increasing safety system contents per vehicle, the introduction of more stringent safety regulations, high demand for safety solutions, and an organic growth in the automobile production. Global Automotive Safety Systems Market - Insights by Vehicle Type The globalautomotive safety systems market is segmented based on vehicle type as the passenger car, light commercial vehicle, and medium & heavy duty commercial vehicle. The passenger car is expected to remain the largest segment of safety systems in the global automotive industry during the forecast period of 2017 to 2022. This vehicle type is also projected to witness the fastest growth in the same period, owing to increasing penetration of safety systems, high demand for active safety systems, a...

Global Automotive Ducts Market to Reach US$ 1,825.2 million in 2023

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The Global Automotive Ducts   Market: Highlights The global automotive ducts market is projected to reach an estimated value of US$ 1,825.2 million in 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the automobile production owing to rising urbanization and increasing disposable income, increasing share of SUVs in total vehicle production, and continuous replacement of traditional rubber and metal ducts with plastic ducts are some of the major factors that are proliferating the growth of ducts in the automotive industry. Global Automotive Ducts   Market - Insights by Vehicle Type The automotive ducts market is segmented based on the vehicle type as Passenger Car, LCV (Light Commercial Vehicle), and M&HCV (Medium- and Heavy-Duty Commercial Vehicle). Passenger car is expected to remain the growth engine of the automotive ducts market during the forecast period of 2018 to 2023. Incre...

Global Automotive Active Grille Shutter (AGS) Market to Reach US$ 1078.7 million in 2023

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The Global Automotive Active Grille Shutter (AGS) Market: Highlights Active grille shutter is an advanced mechatronic component, which performs a key function of selectively allowing or restricting airflow with an automatic opening and closing of shutters based on real-time needs. This results in reducing aerodynamic drag to an extent and improving the fuel economy of the vehicle, thereby leading to reduced CO2 emissions. The automotive industry is very keen on adopting technologies, which lead to an improvement in fuel economy and a reduction in harmful emissions.  The automotive active grille shutter market is likely to grow at an impressive double-digit rate over the next five years to reach US$ 1078.7 million in 2023. The auto industry has efficaciously been ushering in a new era of aerodynamic vehicles with a meticulous investment into advanced components that can address the changing business requirements in the most effective manner. All the major automakers ...

Global Flexible Epoxy Resin Market – Latest Trends, Forecast, and Opportunity Analysis

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The Global Flexible Epoxy Resin Market Growth and Forecast: The global flexible epoxy resin market is projected to grow at an impressive CAGR of 6.3% during the period of 2018 to 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the automobile production and construction industries, owing to rising urbanization and increasing disposable income; increasing demand for FER-based adhesives and paints & coatings in the automotive and construction industries; and excellent properties of FER, such as low viscosity with higher solids, wear resistance, prolonged flexibility, and toughness are some of the major factors that the proliferating the growth of flexible epoxy resins in various applications. Flexible Epoxy Resin Market: by Type The flexible epoxy resin market is segmented based on the type as Thermoplastic Modified, Elastomer Modified, Dimer Acid Modified, and Others. The Thermoplastic-modified segme...

Space Battery Market – Latest Trends, Forecast, and Opportunity Analysis

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The Space Battery Market: Highlights Batteries are used in a variety of space applications, such as satellites, launch vehicles, crew return vehicles, landers, rovers, astronomers’ equipment, and International Space Station. It may be used either as an energy storage device or as an instant source of power. Satellite is the most dominant application as the world has been gripped by what is being termed as ‘The CubeSat Revolution’. As a result of this, space battery manufacturers are facing increased demand for satellite batteries. The challenge, which the battery manufacturers face while designing satellite batteries is limiting its size. it is a parameter which is of paramount significance in the context of satellites as there is a humongous cost associated with launching anything into the orbit and satellite batteries may take up to 50% of the payload weight. Battery manufacturers are therefore relentlessly innovating to develop batteries with higher specific energ...

C4ISR Systems Market to Reach US$ 112.5 billion in 2023

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The Global C4ISR (Command and Control, Communication, Computer, Intelligence, Surveillance and Reconnaissance, and Electronic Warfare) Systems Market: Highlights Rising tensions among different parts of the world, such as disputes related to maritime (south china sea), land-based conflicts between India and Pakistan, hybrid warfare, and piracy over oceans, are forcing the countries to strengthen their defense capabilities. Furthermore, the nature of warfare has immensely changed over the eons with a higher usage of advanced electronic systems. These factors are forcing the countries to keep upgrading themselves in order to maintain and to enhance their defense capabilities. Most of the major developed economies, such as the USA, always set a large defense budget in order to remain the pioneer in developing and acquiring latest technologies. The developing economies, such as China and India, are following the footsteps of major economies and have been escalating their def...