Global Electric Vehicle Charging Stations Market Size will Grow Profitably in the Near Future

With the bolstering sales of electric vehicles worldwide, automakers are keen towards establishing robust infrastructure so as to fulfil the operational requirements of these electric vehicles. Increasing adoption of electric vehicles demands proper infrastructure for charging. Moreover, to meet the consumer demand, significant advancements, both in home and outdoor charging are expected over the forecast period. Rapid increase in number of publically accessible charging stations has been witnessed in developed regions such as North America and Western Europe that suffice charging demands through high voltage and high currents. Furthermore, technology leaders are focusing on introducing electric vehicle charging stations with better charging capabilities and reduced charging time. One such example is Tesla Supercharging Station – an electric vehicle charging station that utilizes DC current and supplies at most 120 kW per car. The Tesla supercharger can charge a vehicle’s battery up to 50% within 20 minutes. The electric vehicle charging stations market when mapped out of a product life cycle is still in growth phase and is expected to remain lucrative and opportunistic due to ongoing significant research and development in the technical field. Following the footprints of leading players in the market, fast vehicle charging stations are expected to be the area of focus for the remaining players over the forecast period. Furthermore, electric vehicle manufacturers are developing strategies to attract large customer base for electric vehicles through providing free charging access. Such strategies added with robust macro-economic environment supporting the growth of electric vehicles market is expected to boost the growth of the electric vehicle charging stations market too, over the forecast period.

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Global Electric Vehicle Charging Stations Market: Market Dynamics

The global electric vehicle charging stations market is expected to be significantly driven by incentives and subsidies from governments that fuel sales of electric vehicles. Strategic initiatives by major players to provide free charging facility to electric vehicle owners will gain significant attraction in the market over the forecast period. Preference of home charging stations by electric vehicle owners, especially in North America and Europe is expected to significantly boost the sales of AC electric vehicle charging stations over the forecast period. Presently, the market for electric vehicle charging stations is highly consolidated, and thus there exists huge influence of major players and hence electric vehicle charging stations lack standardization, which in turn is expected to restrain growth of the market. Moreover, higher cost of DC charging stations over the conventional electric vehicle charging stations can further hamper market growth.

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Global Electric Vehicle Charging Stations Market: Region-wise Outlook

Asia Pacific is expected to dominate the volume demand for electric vehicle charging stations over the forecast period owing to the expanding market of electric vehicles due to various government incentives and subsidies. North America and Europe are expected to be the fastest growing regions in terms of CAGR over the forecast period. U.S. is expected to witness significant increase in installation of DC charging stations over the next few years. Increase in number of home electric vehicle charging stations is also expected in the U.S. and Germany. Growth of the market in Middle East and Africa is expected to remain moderate over the forecast period.

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Global Electric Vehicle Charging Stations Market: Market Participants

Examples of some of the market participants identified in the global electric vehicle charging stations market are;

  • Tesla Motors Inc.
  • Delphi Automotive Plc.
  • Schneider Electric
  • Leviton Manufacturing Co., Inc.
  • AeroVironment, Inc.
  • ChargePoint Inc.
  • General Electric
  • SemaConnect Inc.
  • Bosch Automotive Service Solutions Inc
  • Clipper Creek
  • EV Box
  • ABB Ltd.
  • Eaton Corp. Plc.

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Global Automotive Seat Parts Market Growth to Remain Stable during 2016 – 2026

The automotive seat parts market has evolved from simple structures to more sophisticated and innovative masterpiece. The seats of automobiles are the major focus of the manufacturers since it determines the position of the occupants with respect to the other parts of the vehicle. Seating ergonomics in automobiles have led to innovations in automobile seat parts. The automotive seat parts undergo tests related to its performance, durability and safety to ensure safety, high comfort level, improved design and check its legal compliance. Modern automobiles have many latest technologies embedded in the seat parts like sensors to measure breathing rhythm, heartbeats of occupants and drivers. Latest innovation also includes ventilation system for the seats to re-energize the driver as well as the other passengers, power buttons for seat adjustments, temperature controls etc. Along with the interior comfort, visual comfort also plays an important role in making the occupant comfortable, which is achieved by choosing right materials, colour and finishes for the automotive seat parts.

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Automotive Seat Parts Market: Drivers and Restraints

The growing technological advancements in automobiles and increased health and environmental concerns have boosted the growth of the global automobile seat parts market. The environmental issues like increased CO2 emissions can be controlled by innovative automotive seat part design since the weight of the seat parts also contributes to the overall automobile weight and it could be a driving factor for the global automotive seat parts market. The use of technologically improved materials in automobile seat part with increased recycling ability will fuel the global automotive seat parts market.

The demand for innovative automotive seat parts with low cost could be a major restraint for the global automotive seat parts market.

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Automotive Seat Parts Market: Region Wise Outlook

The global automotive seat parts market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and Middle East and Africa. Europe holds the largest market share in the global automotive seat parts market. Followed by Europe is North America which is the second largest market for global automotive seat parts. The leading markets are expected to show moderate growth, while on the other end the emerging market of Asia Pacific Excluding Japan is expected to register higher growth rates in the global automotive seat parts market, owing to the increased sales of automobiles in the region. Regions such Latin America and Middle East & Africa are at nascent stages in the global automotive seat parts market and are expected to represent moderate CAGRs during the forecast period.Type or Copy and Paste Your text here, Only 30,000 characters are allowed

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Automotive Seat Parts Market: Key Players

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

  • Lear Corporation
  • Grupo Antolin
  • Brose Fahrzeugteile GmbH & Co. KG
  • AUSTEM Co., Ltd.
  • GRAMMER AG
  • TS TECH CO.,LTD
  • NHK SPRING Co.,Ltd
  • Faurecia
  • Johnson Controls
  • DURA Automotive Systems, LLC
  • IFBAutomotive Private Limited

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Global Automotive Air Filters Market to Observe Strong Development by 2020

Air filters are essential component of an automotive which serves basically two purposes based on its type. There are two types of automotive air filters namely intake air filters and cabin air filters. Where the former acts as a barrier against foreign particles such as dust to enter engine’s combustion chamber, the latter restricts the entry of dust in the cabin of the vehicle through the vent of HVAC system. Non-performance of intake air filters may lead to inefficiency of engine and increase in its emission levels. Therefore, it becomes necessary for the vehicle user to clean it at regular intervals and replace it with new once it completes its lifetime.

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Automotive air filters have both OEM as well as replacement markets wherein the latter dominates the global sales. The automotive air filter market is driven by increasing demand for automobiles, strict emission norms and changing lifestyles. The increasing number of vehicles with air-conditioned cabins is boosting the market for cabin air filters. The increasing health consciousness of people wherein they require resistance from dust, pollution, harmful exhaust gases and other contaminants while driving is attracting the car users for the cars with cabin air filter. According to The World Health Organization (WHO), the urban outdoor air pollution causes about 1.3 million deaths every year worldwide. Apart from the developed countries, the developing countries are also becoming conscious about their safety from outdoor pollution which is a positive sign for the growth of cabin air filters market in the long term.

Based on vehicle type, automotive air filter market can be segmented under passenger cars, light commercial vehicles and heavy commercial vehicles. However, there exist certain restraints for automotive air filters market including large interval of their replacement in the developing countries and increasing market for duplicate automotive air filters.

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Growing per capita income in other Asian countries such as India is propelling the demand for passenger cars. On the other hand, the increasing industrialization and commerce in Asian countries are boosting the market for commercial vehicles which is driving the automotive air filters market in the region. Commercial vehicles in the developing countries need more care and maintenance as the quality of parts used in them is low as compared to the commercial vehicles manufactured in the developed countries. Moreover, due to less developed infrastructure the chances of entry of dust and dirt in the combustion compartment are high. Due to these factors, the replacement market in the developing markets including Asia Pacific is high as compared the developed countries. However, cabin air filters finds very less usage in commercial vehicles as the requirement for cabin convenience is very less in their case.

Among the regions, Asia Pacific dominated the global sales of automotive air filters followed by North America. China surpassed U.S. in 2010 to become the country with largest automotive population.

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Some of the key companies operating in automotive air filter market include AC Delco Inc., Affinia Group, Denso Corporation, Hengst GmbH and Company KG, Cummins Inc, Toyota Boshoku Corporation and Hollingsworth & Vose Company Inc.

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Global Automotive Telematics Market to Perceive Substantial Growth by 2020

Telematics is referred as information technology that deals with long distance communication and transmission of computerized information. Telematics is the technology of sending, receiving and storing information through the use of telecommunication devices. Automotive telematics is integrated use of telecommunications and informatics applied in the vehicles, providing required information while the vehicle is on the move. Automotive telematics includes global positioning system technology integrated with communication technology within the vehicle such as navigation system.

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On the bases of usage of telematics within the vehicle the global automotive telematics market can be bifurcated into CE telematics, embedded telematics and hybrid telematics. Automotive telematics is used for various applications while the vehicle is on the move. Major application includes vehicle tracking (monitoring the location, movements and status of a vehicle), trailer tracking (movements and position of an articulated vehicle’s), wireless vehicle safety communication (electronic sub-system in a car or other vehicle providing information about road hazards and location and speed of the vehicle and container tracking.

North America has the largest market share for automotive telematics system, followed by Europe and Asia Pacific. The U.S. and Japan are the major users of automotive telematics system within the vehicle. North America is expected to maintain its dominance in the forecasted period.

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However, Asia Pacific region is expected to witness highest growth in coming future. Increasing domestic demand for wireless communication system within the vehicle in the developing countries such as China and India are expected to boost the Asian automotive telematics market.

Increasing demand of integrated wireless communication system within the vehicle by the drivers and passengers is driving the global automotive telematics market. Additionally, government regulation in various countries for the use of automotive telematics system within the vehicle is expected to increase the automotive telematics systems in the forecasted period. Also, increasing demand for vehicles equipped with telematics system in the emerging market of Asia Pacific majorly China, India, South Korea and Japan is expected to drive the global automotive telematics system market in the forecasted period.

Increasing government regulation and consumer willingness to pay more for telematics equipped vehicles is prompting the market leaders to invest in the emerging markets of Asia Pacific.

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Some of the major companies operating in the global automotive telematics market are Visteon Corporation, Intel Corporation, Mix Telematics, Verizon Communications Inc, Delphi Automotive Plc, Agero Inc, Airbiquity Inc, Robert Bosch Gmbh and Continental Ag.

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Global Electric Trike Market Steady Growth to be Witnessed by 2025

The electric trike is a lightweight vehicle which offers car-like features and is powered by electric power through batteries. Some of this electric trikes have cargo or passenger capacity along with weather protection, and light, seats, and mirrors etc. The electric trikes are the vehicles powered by the batteries and hence the development of battery technology is one of the important factors for the electric trike market. The electric trikes offer stable ride to the rider because of its well distributed proper weight which allows for more effective braking.

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Electric Trike Market: Drivers and Restraints

The global Electric Trike market is expected to experience a significant growth due to increase demand for energy efficient and green vehicles across the globe. The technological advancement and development of high-performance electric trite allowed the traveling enthusiast to experience both the car and motorcycle ride through the vehicle. In developed regions such as Western Europe and North America, the local commuters are preferring the low powered trike over the other transport methods. The cornering of this electric trike remained a challenge for its key vendors because unlike motorcycles, this vehicle does not lean during the cornering. This challenge has led to the development of tilting electric trikes. The improvement in battery technology market is a very important factor for the global electric trike market as these vehicles are powered by the battery energy systems. The developments made in the battery technology are expected to make the electric trike more desirable for the customers. For instance, the recent advancement in the Lithium Ion batteries helped the electric trike manufacturers to reduce the overall weight of the vehicle and it also offered the long lifespan of the battery as compared to conventional VRLA and lead acid batteries. The electric trikes offer more stability and ease as compared to the traditional motorcycles, thereby driving the global electric trike market. In most of the countries, electric trike comes under non-standard vehicle category licensing because of which many customers hesitate to purchase this kind of vehicles, this factor is expected to act as a restraining factor for the growth of electric trike market over the forecast period. The key players are working on to develop high-performance electric trike to attract the sports vehicle enthusiasts towards electric trike.

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The global electric trikes market can be segmented on the basis of type as cargo and leisure type. And on the basis of application, the global electric trike market can be segmented into operational use and personal use. The personal use segment is expected to contribute more market share as compared to the other uses.

Electric Trike Market: Region Wise Outlook

The global electric trike Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The global electric trike market is dominated by the Western European Region followed by North America. The Western Europe with near about half of the market share holds a dominating position in the global electric trike market. The presence of major key players in this region and high adoption of this vehicles by the younger generation, are expected to drive the market over the forecast period. The government of various countries from this region are encouraging the use of electric trike market. The countries such as Germany, France, and Italy have emerged as early adopters of this technology. The development of some countries in APEJ region such as India and China and the concept of smart cities trending in this region is projected to drive the market for electric trike market over the forecast period.

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Electric Trike Market: Key Players

  • Piaggio
  • Toyota Motor Corporation
  • Yamaha Motor Company
  • Arcimoto
  • Electra Meccanica
  • Elio Motors
  • Sway Motorsports
  • Torq
  • Valene Motors
  • Girfalco

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Global Industrial Refrigeration Systems Market Poised to Garner Maximum Revenues By 2025

The modern industrial processes in the various end-use sectors such as food and chemicals, are controlled by accurate process conditions and temperature is an important parameter in any process. The industrial refrigeration systems has a major role in maintain the stability of the overall industrial process and directly affects the quality of end product. The industrial refrigeration systems consists of three main components which includes compressors, condensing units and evaporators. The automated systems consists of condenser control, compressor control, oil control, liquid level control and safety systems. Food processing industries has a major share in global industrial refrigeration market in terms of consumption. In food processing industry, it is used for processing of fruits, vegetables, poultry, fish, meat and dairy products. The temperature in industrial refrigeration systems are mentioned in terms of wet bulb and hot bulb temperatures. The dry bulb temperature does not consider the humidity and other properties of air, while wet bulb temperature considers these parameters.

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Industrial Refrigeration Systems Market: Drivers and Restraints
The wide applications of industrial refrigeration systems such as food processing, beverage production, chemical production etc. is the major driver for the growth of global industrial refrigeration systems market. The industrial refrigeration systems has a major role in maintaining the quality of the end product. The growing packed food industry in emerging clusters such as developing countries in APAC and Latin America is expected to drive the growth of industrial refrigeration systems market. The rising investments in improving the infrastructure related to cold chain is anticipated to boost the global industrial refrigeration systems market growth. The environmental regulations regarding maintenance, safe refrigerant use is expected to increasing demand for sustainable refrigeration systems.

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Industrial Refrigeration Systems Market: Region Wise Outlook
The global industrial refrigeration systems market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America accounts for significant share in global industrial refrigeration market. The demand of refrigeration systems in refrigerated warehouses is expected to grow during the forecast period in this region. North America is followed by Europe in terms in consumption in industrial refrigeration market. The rise in commercialisation of transport refrigeration and the mature market of frozen food and meat products in the region is expected to contribute significant share in growth of industrial refrigeration market in the region. APAC is anticipated to register high CAGR during the forecast period, owing to rising industrialisation and urbanisation in the region.

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Industrial Refrigeration Systems Market: Key Players
Some of the key players in the global industrial refrigeration systems market are as follows:
• Carnot Refrigeration
• Star Refrigeration
• Johnson Controls
• Ingersoll-Rand plc
• MAYEKAWA MFG. CO., LTD.
• Danfoss A/S
• DAIKIN INDUSTRIES, Ltd.
• Emerson Electric Co.
• BITZER Kuhlmaschinenbau GmbH
• Innovative Refrigeration Systems, Inc.

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Global Aircraft Landing Gear Market Foreseen to Grow exponentially over 2017 – 2025

Improving global economic conditions has led to continuous increase in air traffic over the past few years. This has fuelled the demand of aircrafts which in turn is driving the growth of the aircraft landing gear market. Aircraft landing gear supports the entire weight of the aircraft during landing, take-off, and while parked. Aircraft landing gear varies according to the platform. For snow, skis type of landing gears are used, for water, pontoon type of landing gears are preferred whereas for ground, retractable wheels landing gears are used.

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The low cost carriers, which operate in short routes widely prefer narrow body aircrafts. Due to this reason, narrow body aircrafts are expected to dominate the aircraft type segment during the forecast period. On the other hand, wide body and very large body aircrafts are used for connecting international destinations. Based on platform, ground dominates the global aircraft landing gear market. Based on application, commercial aviation dominates the aircraft landing gear market. However, military aviation is expected to witness significant growth during the forecast period. Based on wing type, rotary wing is projected to witness a faster growth due to increasing use in military helicopters.

Aircraft Landing Gear Market: Drivers

The growing need of global connectivity coupled with fare cut of air transport is expected to fuel the demand of aircraft, which in turn is expected to drive the growth of the global aircraft landing gear market. Moreover, increasing procurement of UAVs and fighter jets across the globe is further expected to upsurge the demand of aircraft landing gear market during the forecast period.

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Aircraft Landing Gear Market: Restraints

However, lack of safety regulations for aircraft landing gear is expected to hamper the growth of the market during the forecast period. Additionally, high R&D cost for the development of the product is further expected to restrict the growth of the market.

Aircraft Landing Gear Market: Segmentation

The global aircraft landing gear market can be segmented on the basis of product type, aircraft type, platform, wing type and application. On the basis of product type, the global aircraft landing gear market can be segmented into single type landing gear, double type landing gear, tandem type landing gear and bogie type landing gear. On the basis of aircraft type, the market can be segmented into narrow body aircraft, wide body aircraft and very large body aircraft. On the basis of platform, the aircraft landing gear market can be segmented into ground, water and snow. On the basis of wing type, the market can be segmented into fixed wing and rotary wing. On the basis of application, the global aircraft landing market can be segmented into commercial aviation, business aviation and military aviation.

Aircraft Landing Gear Market: Region-wise Analysis

Based on regions, North America is expected to be a prominent revenue generating region in the global aircraft landing gear market. Growing military modernization such as procurement of unmanned aerial vehicle, and advanced military jets are expected to upsurge the demand of aircraft landing gear market in North America during the forecast period. Europe is projected to witness a relatively faster growth in the near future. In Asia Pacific, China and India are projected to grow at significant rates during the forecast period. Emerging middle class and increasing disposable incomes in this region are expected to escalate the demand of aircraft in Asia Pacific, which in turn drives the growth of aircraft landing gear market in this region.

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Aircraft Landing Gear Market: Market Participants

Examples of some of the players identified in the aircraft landing gear market across the globe are as mentioned below:
UTC Aerospace Systems, Circor Aerospace, Héroux-Devtek, Liebherr-Aerospace, Safran Landing Systems, Aerospace Turbine Rotables, Inc., APPH Group, SPP Canada Aircraft, Inc., Fokker Technologies

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