automotive

According to Fact.MR, the truck cranes market is foreseen to register volume sales of over 9,300 Units in 2018, up by370 units in 2017. Overall growth of the market can be attributed to,

• Increasing investments in infrastructure-oriented development
• Buoyancy in utilities and power distribution sectors where truck cranes find significant application
• OEMs’ efforts to expand truck crane product portfolio with enhanced operational efficiency

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While demand for construction and heavy-duty equipment remains perennial, Fact.MR says that divergent applications of truck cranes across industry verticals are likely to maintain the sustainability of truck cranes market in the future.

APEJ Held over One-third Volume Sales in 2017, Japan to Witness Rapid Expansion

Fact.MR has compiled a new study on the rough terrain crane market and published a report titled, “Rough Terrain Crane Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027.” The report delivers vital insights on the rough terrain crane market backed by market analysis for the historical period 2013-2017 and forecast period 2018-2027. The inclusion of rough terrain cranes market drivers, trends, future opportunities and challenges make the market forecast derived in the rough terrain crane market report most credible and go-to forecast.

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Tier 1 players in the rough terrain crane marketplace occupy 44%-53% share of the rough terrain (RT) crane market. Considering the nature of the equipment, the hegemony of prominent players in rough terrain crane market is likely to prevail. Further, the intensive cost and heavy capital investments in the equipment landscape make entry of new players difficult in the rough terrain cranes market. Tier 2 players hold 25%-35% share of the rough terrain crane market and are trying to increase market shares by increasing production capacity and strengthening dealership network.

The automated paint robots market traced an impressive growth graph, with the in revenues in 2018 estimated at over US$ 680 Mn, according to a new Fact.MR study. A variety of factors continue to influence prospects of the automated paint robots market, which range from integration of real-time diagnostics and precise paint control to intelligent modernization paint workshops for amplifying the production efficiency.

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The study forecasts the automotive paint robot market to majorly remain consolidated among Tier 1 players, who will hold over 80% value share of the market in 2018. While these players continue with the new product development, collaboration, and merger & acquisition strategies to retain their market buoyancy, Tier 2 and Tier 3 players are focusing on expansion in domestic markets, and advanced machinery purchase to gain significance in the market.

Volume Sales of 7 Axis Automated Paint Robots to Exceed 360 Units in 2018

Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected to cross US$ 70 Bn by end of 2018.

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Sales of Automotive Fuel Injectors Concentrated in Europe; China to Showcase High Lucrativeness   

Western Europe is expected to reflect significant growth apropos to sales and demand for automotive fuel injectors in 2018. Increasing automotive fleet, coupled with growing vehicle production is expected to provide potential avenues for automotive fuel injectors in the region.

The crawler cranes market continues to remain a fragmented landscape with presence of various large and medium-scale participants. In the fragmented scenario, top five companies involved in the manufacturing of crawler cranes account for a significant share of the overall crawler cranes market.

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Tier 1 companies such as Liebherr International AG, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co., Ltd., XCMG Construction Machinery Co. Ltd., and Sany Heavy Industry Co., collectively account for a share of more than 28 percent of the crawler cranes market.

Tier 1 companies in the crawler cranes market have been focusing on the Asia Pacific region to expand their sales footprint. They have been acquiring new contracts for crawler cranes in Asian countries and are developing new production plants. For instance, in December 2017, Zoomlion Heavy Industry Science and Technology Co., Ltd., secured a new contract to supply QUY180 crawler cranes for construction of viaduct of expressway in Djakarta (Indonesia).

Liebherr International AG is focusing on strengthening its position in India. It is planning to establish new plant for development of crawler cranes used in construction.

The air spring components market witnessed growth at 6.4% year-on-year (y-o-y) in 2018 over 2017, as per the latest research study by Fact.MR. According to the study, vehicle safety along with quality amelioration requirements in trucks, notably in case of rough roads and longer descents, are amplifying installations of air spring components. Resurgence of transportation and trucking remains two of the key factors spurring sales of air spring components. Some other factors responsible for heightened adoption of air spring components include-

• Burgeoning sales and production of commercial vehicles worldwide
• Rising cognizance of comfort, safety, and convenience of drivers in case of longer journeys
• Latest technological refurbishments in suspension systems integrated in commercial vehicles
• Urbanization and globalization trends fuelling developments in roadway infrastructures
• Thriving and drastically evolving warehousing and logistics industry

With the commercial vehicles’ sales approaching its peak, quality of ride is evolving as one of the highly-valued attributes determining purchase decisions of customers. In response with the aforementioned, the OEMs and prominent automakers are embracing air spring components of high-quality as an indispensable for enhancing customer experience.

The aircraft tugs market continues on an impressive trajectory, with global sales estimated to increase by nearly 400 units in 2018 over 2017, according to a recently published Fact.MR study. A combination of several factors, ranging from rising procurement costs to concerns regarding ground support inefficiency, influence growth of the aircraft tugs market.

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The study foresees sales of towbarless aircraft tugs to be approximately 2X greater than their conventional/towbar variants. This is mainly because leading companies have been shifting their focus to towbarless aircraft tugs, which in turn has led conventional tugs to soon approach a phase of redundancy.

Ambiguities in operational efficiency and hazards associated with the conventional aircraft tugs have further spurred sales of towbarless aircraft tugs. Key aircraft tugs market players are also making significant investment in remotely-controlled equipment to attain higher ROI and offset security barriers apropos of conventional fuel-based counterparts.

Aircraft Tugs with 151-260 Tons Handling Capacity to Remain Top-Seller

Automotive fuel injection system market is proliferating at an unwavering rate, finds a recent research study by Fact.MR. The growth of automotive fuel injection system market is likely to be driven by a pool of pacesetters, ranging from rising environmental regulations to concerns revolving around optimal fuel utilization. The consequent requirement for passenger cars has also been identified as one of the key demand generating factors pushing adoption of fuel injection systems. According to the research report by Fact.MR, the volume sales of automotive fuel injection system is anticipated to approach 101,131,418 units by 2018-end, up from 98,433,519 units in 2017.

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High Fuel Efficiency and No Compromise with Engine Performance- Key USP of Automotive Fuel Injection Systems

Sales of automotive lightweight material are estimated to surpass 76 kilotons in 2019, up from nearly 74 kilotons in 2018, according to a recent Fact.MR report. The automotive lightweight material industry is significantly influenced by broader trends in the automobile industry, especially evolving regulations on fuel efficiency. Fact.MR’s new report analyzes this landscape in detail, and offers readers a comprehensive analysis on the key factors at play.

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The study opines that lightweighting continues to gain a centerstage in the automotive industry. Demand for cost-effective lightweight materials continues to surge, as a growing demographic of consumers shows marked preference towards organizations that embrace sustainability. The report finds that in addition to these broader, cross-industry trends, demand for lightweight materials is also influenced by industry-specific factors such as growing electric vehicle parc.

According to a recent study published by Fact.MR, demand for polyamide in e-mobility market is likely to increase at over 6% in 2019 over 2018. The Fact.MR report finds that the electric vehicle stock will reach nearly 5 million in 2019. Growing awareness among automakers about multitude of benefits of using polyamide in e-mobility market. Thereby, Fact.MR opines that, this is expected to create numerous opportunities for polyamide manufacturers in the e-mobility market in the upcoming years.

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Fact.MR report finds leading factors that are contributing to the increasing applications of polyamide in e-mobility market. Some of these factors include