Friday 27 November 2015

Automotive Air Filters Market Hits $6.10 Billion By 2020: Grand View Research, Inc.



Global automotive air filters market is expected to reach USD 6.10 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand from the automotive industry, particularly in BRIC nations, on account of increasing disposable income and growing industrialization rate is expected to remain a key driving factor for the market. Rising consumer awareness regarding health disorders caused due to contaminated air in the car cabin is also expected to have a positive influence on market growth. Environmental hazards related to combustion engine vehicles have led to the growth of electric vehicles, which contributes negligible emissions but also requires less maintenance of the engine. Growth of electric vehicle industry is expected to challenge automotive air filter demand over the forecast period.
Cabin filters dominated the global automotive air filters product segment and accounted for 51.3% of total market revenue in 2013. Cabin filters are also expected to be the fastest growing product segment, at an estimated CAGR of 8.5% from 2014 to 2020. Consumer shift towards reducing bad odor and minimizing health disorders caused due to air pollutants inside the vehicles is expected to fuel demand for cabin air filters over the forecast period.

Global automotive air filters market revenue, by product 2012-2020, (USD Million)
automotive-air-filters-market 

Further key findings from the study suggest:
  • Passenger cars were the largest application for automotive air filters market and accounted for 51.5% of total market revenue in 2013. Growth of passenger cars ownerships particularly in emerging markets of India, China and Brazil is expected to drive air filters demand in passenger cars. Automotive air filter demand in two wheelers is expected to grow at an estimated CAGR of 8.5% from 2014 to 2020.
  • Aftermarket dominated automotive air filter demand, at over 70% of total market revenue in 2013. It is also expected to be the fastest growing end-use segment at an estimated CAGR of 8.2% from 2014 to 2020. Consumer shift towards replacing air filters in order to minimize maintenance cost is expected to drive the automotive air filters demand in aftermarket.
  • Asia Pacific emerged as the leading regional market and accounted for 49.3% of total market revenue in 2013. Asia Pacific is also expected to be the fastest growing regional market for automotive air filters at an estimated CAGR of 8.5% from 2014 to 2020. Growth of automotive industry in emerging markets of China, India and Indonesia is expected to drive the regional market. North American market is expected to witness steady growth on account of recovery of automotive industry in the U.S. and favorable regulatory scenario in the region.
  • Top market participants accounted for less than 50% of the total market revenue in 2013. The market has witnessed mergers and acquisitions over the last few years. This trend is expected to continue and the market is expected to move towards consolidation over the next several years. Some of the leading participants operating in the global market include Mann+Hummel, Affnia, Cummins and Mahle Industries.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/automotive-and-transportation
For the purpose of this study, Grand View Research has segmented the automotive air filters market on the basis of product, application, end-use and region:
Global Automotive Air Filters Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Intake
            • Cabin
Global Automotive Air Filters Application Outlook (Revenue, USD Million, 2012 – 2020)
            • Passenger Cars
            • Light & Heavy Commercial Vehicles
            • Two Wheelers
Global Automotive Air Filters End-Use Outlook (Revenue, USD Million, 2012 – 2020)
            • OEM
            • Aftermarket
Global Automotive Air Filters Regional Outlook (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/




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Thursday 26 November 2015

Ceramics Market Hits $287.06 Billion By 2022: Grand View Research, Inc.



Global ceramics market is expected to reach USD 287.06 billion by 2022, according to a new report by Grand View Research, Inc. Rising government funding for large-scale infrastructure projects in China, India, Myanmar, Philippines, Malaysia and Indonesia and China is expected to propel construction industry growth which in turn will have a positive on product demand over the next seven years.
Retail industry growth along with increasing acceptance of supermarket culture in emerging economies of Asia Pacific and strong export scenario is expected to have a positive impact on the ceramic packaging market over the forecast period.
Rising investments for innovative product developments, high-quality manufacturing processes, and fast delivery logistic systems are expected to have a positive impact on the industry over the next seven years. Furthermore, strong economic growth coupled with removal of barriers for foreign investments in India is expected to spur construction sector which in turn will propel ceramics demand over the forecast period.
North America and Europe are expected to witness considerable rise in light of rising R&D expenditure for introduction of eco-friendly products. However, raw material price volatility is expected to challenge the industry over the next seven years.

U.S. ceramics market by end-use, 2012-2022, (Million Tons)
U.S. ceramics market 

Further key findings from the report suggest:
  • Advanced ceramics are expected to be the fastest growing segment in terms of volume at a CAGR of over 9.0% from 2015 to 2022. These products are expected to witness a substantial rise over the next seven years owing to their capability of performing under extreme conditions. Growing demand from various end-use industries including automotive, heavy machinery and defense is expected to have a positive impact on the market.
  • Ceramic tiles dominated the industry with demand estimated at over 70.0 million tons in 2014. Growth and development of construction industry is expected to be the primary driver of this market over the forecast period owing to urbanization, higher per capita income, population rise and economies.
  • Housing and construction was the largest application segment valued over at USD 65.00 billion in 2014. Aesthetic and durability advantages of these products are expected to drive its demand in civil construction sector over the next seven years
  • Asia Pacific was the largest market, estimated at over 110.0 million tons in 2014. China was the largest regional market on account of its booming automobile industry, coupled with high infrastructural investment to meet the housing needs of the country.
  • Global market is fragmented on account of presence of numerous companies. These companies invest highly in R&D to introduce innovative environmental friendly products. However, presence of large unorganized market mainly in China and India pose constant threat to these manufacturers in terms of their quality and price offerings.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
For the purpose of this report, Grand View Research has segmented the global ceramics market on the basis of product, application, end-use and region:
 Ceramics Product Outlook (Volume, Million Tons, Revenue, USD Billion, 2012 - 2022)
  • Traditional ceramics
  • Advanced ceramics
Ceramics Application Outlook (Volume, Million Tons, Revenue, USD Billion, 2012 - 2022)
  • Sanitary Ware
  • Table and Ornamental Ware
  • Abrasive
  • Technical Ceramics
  • Bricks, Roof Tiles and Pipes
  • Refractories
  • Tiles
  • Decorative Tiles
  • Packaging
  • Fine Art
  • Others
Ceramics End-Use Outlook (Volume, Million Tons, Revenue, USD Billion, 2012 - 2022)
  • Housing & construction
  • Industrial
  • Medical
  • Others
Ceramics Regional Outlook (Volume, Million Tons, Revenue, USD Billion, 2012 - 2022)
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • MEA
    • Saudi Arabia
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/


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Wednesday 25 November 2015

Conveying Equipment Market Growth, Trends, Segment To 2020: Grand View Research, Inc.



The Global Conveying Equipment Market is expected to reach USD 36.42 billion by 2020, according to a new study by Grand View Research Inc. Increasing approach towards mass production and assembly line methodology across various industries including sea ports and food & beverages are expected to remain a key driving factor for the global market over the next six years. In addition, development in construction sector coupled with increasing market growth of motor vehicle manufacturing in Asia Pacific and Europe is expected to further augment the market growth over the forecast period. However, volatile prices of key raw materials such as synthetic rubber and metals are expected to hinder the market growth over the forecast period.

Further key findings from the study suggest:
  • Unit handling conveying equipment market emerged as the leading product segment and accounted for 45.7% of total market revenue in 2013. However, parts and attachment is expected to be fastest growing product segment at an estimated CAGR of 2.4% from 2014 to 2020.
  • Durable goods manufacturing emerged as one of the leading application segment for conveying equipment and accounted for 39.3% of total market revenue in 2013. Global demand for conveying equipment in durable goods manufacturing is expected to be primarily driven by growth in demand for computer equipment and industrial machinery. Global demand for conveying equipment from nondurable goods manufacturing is expected to grow at an estimated CAGR of 1.1% from 2014 to 2020.
  • Europe dominated the global market and accounted for 35.6% of total market revenue in 2013. Presence of top tier automobile manufacturers such as Audi, Mercedes, BMW and Ferrari among other is expected has helped in developing the market for conveying equipment in the region. Europe was closely followed by Asia Pacific which is expected to be the fastest growing regional market for conveying equipment at an estimated CAGR of 2.5% from 2014 to 2020
  • The global conveying market is fragmented with top four participants catering to just below 40% of the global demand in 2013. Major companies include Dematic, Rexnord and Sandvik, while Durr, FMC Technologies, Hitachi, Hytrol Conveyor, Fritz Schafer, Richards Wilcox, Siemens AG, Murarta Machinery, Mecalux, Swisslog and Vanderlande Industries are other notable market participants.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
For the purpose of this study, Grand View Research has segmented the conveying equipment market on the basis of product, application and region:
Global Conveying Equipment Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Bulk Handling
            • Unit Handling
            • Parts and Attachments
Global Conveying Equipment Application Outlook (Revenue, USD Million, 2012 - 2020)
            • Durable Goods Manufacturing
            • Nondurable Goods Manufacturing
            • Other
Conveying Equipment Regional Outlook (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          
Blog Site: http://www.divog.org/


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