Automotive Fuel Tank Market: Vehicle Owners are Increasingly Demanding Large Sized Fuel Tanks

Fact.MR has recently compiled a report focusing on the opportunity assessment of the global automotive fuel tank market for the five-year forecast period of 2017-2022. This report provides detailed and elaborated analysis of the global landscape of automotive fuel tank, on both qualitative
and quantitative slants. The insights offered in the report are strongly backed by extensive research on key market dynamics, market sizing estimations, current and upcoming market trends, and futuristic opportunities shaping the market performance. The avant-garde insights included in the global automotive fuel tank market report aim to help business decision makers and key stakeholders in the automotive fuel tank market develop winning strategies and identify untapped opportunities to achieve high RoI in the near future.

The global automotive fuel tank market revenue is foreseen to take an impressive leap, up from the value worth US$ 24 Bn attained in 2017 to beyond US$ 30 Bn towards the end of 2022. More than US$ 29 Bn worth sales have been projected through the OEM segment by the end of forecast period; automotive fuel tank sales in aftermarket will however grow a higher rate. Fact.MR reveals that a majority of the key participants in the global automotive fuel tank market space are prioritizing business expansion within selective regional markets in an effort to strengthen presence in those territories that represent high potential automotive market.

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Although low-priced, steel or other metals fail to offer the design freedom and flexibility that often accompanies plastics. Plastic based automotive fuel tank is almost 30% lightweight than metal based automotive fuel tank, contributing significantly to the lightweight vehicular trend in the automotive space. Moreover, plastic automotive fuel tank covers better impact protection and conveniently integrates within the automotive system architecture. A myriad attributes are expected to allow plastic to maintain the lead over steel and aluminum to be used in manufacturing of automotive fuel tanks.

Passenger cars will continue to drive maximum sales of automotive fuel tank, creating a substantial incremental opportunity for automotive fuel tank manufacturers through 2022 and ahead. However, briskly expanding sales of automotive fuel tank in the commercial vehicles sector (both HCVs and LCVs) will possibly garner higher pace of revenue generation during 2017-2022, outperforming PCs in terms of CAGR. Capacity-wise, automotive fuel tanks with the capacity of 45-75L will continue to reign supreme in terms of sales, accounting for an estimated share of over half l automotive fuel tank market value throughout the projection period.

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Automotive Fuel Tank Market: Overview

The automotive fuel tank market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive fuel tank market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of automotive fuel tank market to offer veritable insights on segments’ historical and future growth estimations.

Self-Sealing Automotive Fuel Tank – An Upcoming Trend

Key stakeholders in the automotive fuel tank market are focusing on developing novel products in a bid to achieve sustenance in the competitive marketplace. Manufacturers are actively engaged in manufacturing of self-sealing automotive fuel tank that can self seal during damage, avoiding leakage of flammable liquids. Self-sealing automotive fuel tank contain multiple membranes that absorb fuel. These layers swell and expand after coming in contact with fuel in turn causing the broken layer to swell consequently sealing the puncture. This promising safety feature of self-sealing automotive fuel tank is likely to witness high customer demand in the years to follow.

Automotive Fuel Tank Market: Competition Landscape

The report includes complete assessment on key players involved in the manufacturing of automotive fuel tank. The section on competitive landscape can offer vital insights to the reader revealing SWOT analysis, product portfolios, product innovations and developments, key strategies and key financials of major companies. Few of the companies profiled in the report include Magna International Inc., Compagnie Plastic Ominum SA, Yachiyo Industry Co. Ltd., and YAPP Automotive Parts Co. Ltd.

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Automotive Fog Light Market: Rising Preferences for Fog Lights Among Huge Vehicles Driving Demand

The report on automotive fog light market, compiled by Fact.MR, delivers a rigorous assessment of the industry by analyzing qualifying technologies, key trends, drivers, standardization & regulatory landscape, and deployment models of automotive fog light market. The automotive fog light market report also presents anticipations of growth of automotive fog light market for the forecast period of 2017-2022. The report on automotive fog light market also consist of a SWOT analysis with an investment practicableness analysis of automotive fog light market. The prime opportunities in the rapidly growing automotive fog light market have been exclusively coated throughout this report.

In their bid to offset soaring instances of road accidents attributed to poor road visibility during challenging environmental conditions such as fog and downpour, automobile manufacturers are fast refurbishing their conventional fog lights portfolio for enhanced driving experience. In the wake of fast paced growth in automotive industry and growing ownership across regions backed by mushrooming middle class and accelerated disposable income, the automotive fog lights market is poised to demonstrate impressive growth in forthcoming years.

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Besides functional optimization pertaining safety and visibility of automotive fog lights, prominent forerunners are enabling relentless technological transformations towards user convenience as well as easy access. Technological advancements to procure high-end variants in terms of superlative performance has witnessed massive innovations. To cite an instance. Leading market player Philips X-tremeVision LED fog lights have been recently unveiled globally as a plug-n-play variant, as opposed to traditional fog lights. The development is likely to foster stupendous growth in automotive fog light market in years to come.

Further in automotive fog light realm, new technologies such as SafeBeam enables even emission of fog lights by dispersing the light directly on the roads rather than on drivers' eyes, thereby significantly averting fatal road mishaps. Besides such groundbreaking innovations, modern automotive lights offer expanded durability and other features such as shock and vibration resistance. Besides such product refurbishments, leading players are also pegged at offering other variations such as hues. Available in white, yellow, and blue light, automotive fog lights remain intricately crucial for enhanced functionalities and greater adoption.

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Drivers to Seek for an Explicit View of Roads, Makes White Fog Lights Highly Remunerative in Automotive Fog Light Market

White fog lights are foreseen to be the most sought-after in automotive fog light market for the stakeholders to focus on. The demand for white fog sales in the automotive fog light market tends to witness a drastic upturn and is poised to register the highest CAGR through 2022 in automotive fog light market. This demand of white fog lights in automotive fog light market can be credited to curtailment in glares produced by white fog lights, which facilitates the drivers to have a crystal clear view of the roads.

Automotive Fog Light Market: Competition Landscape

General Electric Company, Valeo SA, OSRAM Light AG, HELLA KGaA Hueck & Co., Koninklijke Philips N.V., Magneti Marelli S.p.A., Warn Industries, Inc., Robert Bosch GmbH, Phoenix Lamps Limited, and Flex-N-Gate Corporation are some of the key companies in automotive fog light market. Companies operating in the automotive fog light market, such as Philips and OSRAM, are vying to introduce new add-ons in their existing offerings such as integrated lenses for fog-light distribution, LED fog lights with plug-and-play features, and so on. These product developments add great value to the existing offerings of automotive fog light market, thereby invigorating growth of automotive fog light market.

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Automotive Front End Module Market: IoT Integration Fuelling Sales as Miniaturization goes stream

“Automotive Front End Module Market Forecast, Trend Analysis and Competition Tracking – Global Review 2017-2022” report provides unbiased intelligence on various market aspects including key segments of the automotive front end module market. The comprehensive research on automotive front end module market provides the reader with strategic tools that can be leveraged to gain competitive advantage in the coming years. Moreover, the automotive front end module market report includes past data analysis, current scenario and future projections for a period of five years, from 2017 till 2022.

With eminent spike in passenger vehicles as well as heavy duty vehicles on the back of proliferated industrialization and urbanization round the globe, more emphatically across low and mid income companies, vendors in automotive front end module market are likely to spot ample growth triggers in emerging economies such as China. Availability of low cost resources and access to cheap labor are likely to drive automobile industry in the region. Automotive front end module essentially comprises multi-piece component assembly of diverse automotive parts such as panels, bumpers, and electronics and wiring system that ensures optimum accuracy, functionality and accuracy.

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Growing stewardship towards environmental protection amongst modern consumers is being rapidly spearheaded by stringent government protocols and norms pertaining minimal fuel emissions. Skew towards fuel efficient vehicles has maneuvered palpable innovations in terms of lightweight vehicles production. Manufacturers in automotive front end module market are investing optimally towards novel building components such as plastic to align with light weight vehicle structure. Additionally, emergence of hybrid systems such as composites and steel is a novelty which is likely to further pump in considerable growth in front end module market.

Characterized by large number of both third party suppliers as well as OEMs, automotive front end module market witnesses strong foothold of outsourcing agents. Outsourcing aids eliminating a large number of assembly-line phases, besides depreciating operational costs with reduced tool expenditure. Outsourcing therefore remains a key growth strategy amongst leading vendors in automotive front end module market.

Emerging Economies to Remain Opportunistic Markets for Automotive Front End Modules Manufacturers

Increasing automobile production in emerging economies of China and India in the Asia Pacific (APAC) has largely influenced the growth of the automotive front end module market. Manufacturers of automotive front end modules can expect momentous growth in emerging countries of APAC in the coming years. In addition, stakeholders in the automotive front end module market have been targeting China owing to its huge economic stimulus.

IoT Integration Fuelling Sales of Automotive Front End Modules as Miniaturization goes Mainstream

Miniaturization of automotive front end modules along with integration of Internet of Things (IoT) continues to be on an upswing. Proliferation of smart technologies in automotive sector have enabled stakeholders to invest in development of automotive parts using which customers can stay connected with other users in vehicles. This triggered the development of automotive front end modules that feature Bluetooth, Wi-Fi, and LTE connectivity.

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Sales of automotive front end module are likely to remain concentrated in the emerging economies in the Asia Pacific occluding Japan (APEJ). China, in particular, is expected to cement its dominance in the Asia Pacific excluding Japan (APEJ) automotive front end module market owing to rapidly evolving automotive sector in the country, says the report. Sales of automotive front end module in APEJ are estimated to surpass US$ 55,000 Mn by end of 2022, making it an attractive market for stakeholders. Tug of war between North America and Europe is being witnessed in the automotive front end module market, with the latter having a slight upper hand.

Automotive Front End Module Market: Competition Landscape

The automotive front end module market includes assessment on various key players. Major companies profiled in the report include Plastic Ominum, HBPO GmbH, MAHLE GmbH, Faurecia SA, and DENSO Corporation, to name a few.

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Escalating DRL Popularity Points to Improving Scenario for LED in Two Wheeler Lighting Market

 A recently published research study on global two wheeler lighting market by Fact.MR offers an extensive evaluation of the entire performance trajectory of the global two wheeler lighting market, considering 2017-2022 as the course of assessment. The report, titled “Two Wheeler Lighting Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2017 to 2022,” constitutes 14 chapters that are the exhaustive sections individually covering each aspect of the two wheeler lighting market. The report also offers actionable insights on the key dynamics, taxonomy, geographical markets, and competitive landscape of two wheeler lighting market.

Two wheeler lighting system serves to provide clear visibility to two wheeler riders through darkness, fog, smog, and bad weather conditions. A wide range of two wheeler lighting technologies allow riders and other fellow motorists as well as pedestrians to know others’ positions on road – preventing accident instances.

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Further, owing to economic viability and growing pool of two-wheeler owners, more emphatically across populous economies, two-wheeler lighting market is anticipated to demonstrate astral growth. Besides rising population, dismal road transport infrastructure in several countries accounts for greater ownership of two-wheelers, which is also supplemented by rising disposable income. Burgeoning women riders round the globe is a dominant trend which is expected to linger in the coming decades, thereby amply supplementing impressive growth outlook for two-wheeler lighting market.

To craft significant lead, business tycoons are inclined towards massive R&D ventures to spearhead novel functional and aesthetic properties. Improved features in fog lights is likely to augment growth in auxiliary two-wheeler lighting, a prerequisite for adventure bikes. In a recent development, eminent player Rohm Semiconductor is likely to unroll its new integrated lamp control mechanism compatible with LED lighting systems that promises superlative safety and high aesthetic grandeur.

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Auxiliary Two Wheeler Lighting – Another Revenue Generation Channel in Two Wheeler Lighting Market

Growing demand for auxiliary two wheeler lighting that supplements and complements the headlight is foreseen to elevate the outlook of two wheeler lighting market in the near future. Long distance/off-road terrain/adventurous bike riders need to fill in the gaps left by OEMs in case of headlight, which further raises the demand for auxiliary two wheeler lighting, i.e. the backup illumination source.

Escalating DRL Popularity Points to Improving Scenario for LED in Two Wheeler Lighting Market

Visibly rapid transitioning of DRLs (daytime running lights) from halogen to LED in terms of source highlights the potential of LED to witness robust growth in the near future. However, despite the two wheeler lighting market holds healthy prospects for LED, halogen still lead the mainstream selection of two wheeler lighting. Over the next few years, LED is expected to account for over one-fourth share of the total two wheeler lighting market value. With steady DRL adoption by two wheeler owners pushing LED scenario, it will further strengthen with an exclusive application of LED in sequential turn lighting.

Two-wheeler Lighting Market: Competition Landscape

Osram GmbH, Hella KGaA Hueck & Co, and General Electric are a few of the prominent leaders competing in the global two wheeler lighting market space. Among these, Osram GmbH considers India as one of the top performing markets in the automotive lighting sector and over the next couple of years, the company expects over 60% of the revenue share coming from India alone. Osram (India) recently announced the launch of a brand new range of automotive lighting solutions, i.e. Rallye – a cost competitive lighting range that includes around 12 halogen lamp variants for four wheelers, two wheelers, and commercial vehicles.

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Railcar Leasing Market: Significant Demand in the Agricultural Industry

Growth of the global railcar leasing market is bound to increasing number of construction projects and production process in several industries. Demand for construction related commodities is likely to remain high during the implementation process of the construction project. Without the available construction commodities, progress of the construction project is likely to remain at halt.

As technology and innovation are transforming the definition of transportation, the patterns of commerce and trade have changed on the similar lines with this transformation. With emergence of technology, commuting has become comparatively reliant, efficient, faster, and cheaper. Several industries are leasing trucks, container ships, and railcars for transportation of production materials.

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Without assortment of raw materials, majority of the construction projects are put at a halt mode. Growing need to carry diverse array of raw materials for production and construction projects in various industries has revved up demand for railcars significantly. Delivering construction materials to the customers at the right time adds to the efficiency during the implementation of the project. Moreover, as distances for procurement of construction materials could be longer, industries bear with additional cost of procurement. Bound to such factors, demand for railcars is expected to rev up in the several industries including shipping, construction, agriculture, mining, automotive, and construction goods.

Considering the broad scope of global railcar leasing market, the report includes a segment-wise analysis and forecast. The global railcar leasing market is segmented into – railcar type, end use, and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with railcar leasing.

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Petrochemical & Gases to Represent a Leading Segment

Growing need to carry freight in various industries has led to an upsurge in demand for leasing boxcars. The boxcars segment as compared to other railcar types is expected to witness the highest revenue growth, accounting for a value of over US$ 900 Mn by the end of 2022. The hopper cars segment is expected to represent the second highest revenue growth in the global market by the end of 2022. However, the gondolas segment is expected to register the highest CAGR in the global railcar leasing market throughout 2022.

Considerable Demand in the Food and Beverages Industry

For transporting chemical or petroleum-based commodities to the end users, various industries continue to lease tank cars. However, application of this freight car has diversified to transportation of commodities related to the food and beverages industry. Moreover, a combination of flatcars, gondolas, and boxcars for transporting several commodities including oil, lumber, and coal products.

Competition Tracking

Leading market players operating in the global railcar leasing market include Beacon Rail Leasing, GATX Corp, Touax Rail, VTG, CIT, American Railcar Industries, Infinity Rail, Progress Rail Services, GLNX Corporation, and Chicago Freight Car Leasing.

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