Automotive Natural Gas Vehicle Market boosting the growth through 2026

A natural gas vehicle (NGV) is a vehicle that runs on alternative fuels, like compressed natural gas (CNG) and liquefied natural gas (LNG). In natural gas powered vehicle, power is being generated by combustion of methane (CH4) and oxygen (O2) into carbon di oxide (CO2) and water (H2O). Natural gas are generally used in buses, trucks, cars and bikes. The handling cost of natural gas vehicle is higher than that of petrol and diesel because it requires special tank for storage.

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Due to the increase in prices and depletion of crude oil resources, many countries have started initiating to increase the production and use of natural gases in commercial transportation. Cost of natural gases is lesser than that of petrol and diesel and it is also available abundantly. Natural gas vehicles are good for environment as they emits less carbon di oxide and nitrogen gas. Governments of many countries has taken initiative to educate people about the natural gas vehicles and its benefits.

Automotive Natural Gas Vehicle Market – Drivers and Restraints

In the present scenario the market penetration of the natural gas vehicle is less, because the average price of NGV is higher than that of petrol diesel vehicle. Due to the scarcity of fossil fuel resources in future it is expected that the market penetration of the natural gas vehicles will increase globally. Demand of vehicles is increasing day by day as per capita income of people is increasing, but the petrol and diesel sources are depleting with it, this is also a major reason for continuous increase in prices of petrol and diesel from past 8-10 years. It gives opportunity for the natural gas vehicles. Original equipment manufacturers (OEM’S) are generally promoting their products to increase the demand of the NGV by displaying their high fuel efficiency and ecofriendly behavior

Improper fueling infrastructure, requires high cost for storing these gases and customized storage tanks as they are highly pressurized gases. Global automotive natural gas vehicle market is expected to show significant growth during the forecast period.

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Automotive Natural Gas Vehicle Market – Segmentation

Automotive natural gas vehicles market is segmented based upon fuel type, vehicle type and region. According to the fuel type automotive natural gas vehicle market is bifurcated into compressed natural gas (CNG) and liquefied natural gas (LNG). CNG is easier to produce and can be created at individual fueling stations to be easily dispensed to fleet vehicles that can use either modified gasoline or diesel engines or CNG-specific engines. LNG is an excellent way to transport large volumes of natural gas. On the Basis of Vehicle type NGV is bifurcated on Passenger vehicles and commercial vehicles. Passenger vehicles are further divided into Hatchback, sedan and SUV/MUV, passenger vehicles is having major market share in NGV’s as the demand of passenger vehicles are high.

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Automotive Silicone Elastomer Market Remains Hot through 2026, Reports TMR

Automotive silicone elastomer have high quality, versatile properties, and are used in different automotive applications such as interiors, drivetrain, and electronic and electrical systems. Silicone elastomer base polymer working in intense heat, they protect against aggressive substance, or they act as seals, vibration dampers, conductors, or insulators due to their versatile properties.

Rise in demand for fuel-efficiency, stringent emission norms by government bodies across the globe, and stringent regulations regarding pollution and energy consumption are prompting OEMs to focus on weight reduction. These factors are likely to drive the demand for automotive silicone elastomer during the forecast period. Likewise, rise in demand for high-efficiency and lightweight material in the automotive industry, in order to enhance the performance of the vehicle, and high rate of adoption of highly reliable materials from OEMs are likely to boost the demand for automotive silicone elastomer during the forecast period.

The global automotive silicone elastomer market can be segmented based on application, location, vehicle type, and region. Based on applications the automotive silicone elastomer market can be segregated into EV battery seals, airbags, engine gaskets, headlamps, ignition cables, radiator seals, vibration damping, shock absorber, and others. An engine plays an important role in the vehicle. It requires high power to operate different components of the vehicle. High performance gaskets are required, which operate flawlessly under extreme conditions, in order to achieve high performance from the engine. Consequently, demand for engine gasket is likely to remain high during the forecast period, which in turn is likely to boost the demand for silicone elastomer during the forecast period.

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Based on vehicle type, the automotive silicone elastomer market can be segmented into passenger vehicle and commercial vehicle. The passenger vehicle segment is anticipated to drive the automotive silicone elastomer market during the forecast period owing to the increasing production of passenger vehicles across the globe. Major OEMs are emphasizing on continuous research and development on new exterior and interiors of vehicles in order to enhance the performance of passenger vehicles by weight reduction.

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Automotive Solar Film Market boosting the growth through 2026

Automotive solar films are applied on windows of cars, buses coaches, trucks etc. Automotive solar films protect the interiors of vehicles from the intensity of the Sun’s harmful UV rays, which can cause skin discoloration, this is the key attribute for growth of the product over the past few years. Solar films are made of plastic, resins and glue. Increase in demand of vehicles in market and increase in temperature due to global warming may lead to a demand for automotive solar film. In addition, use of enhanced multilayer nanotechnology to make solar films from polyester, acrylic, and polyethylene is expected to drive the demand. The major restraints for the solar film’s market is the selection of window, installation and its application process.

An automotive solar film market is being segmented on the basis of types, vehicle type, and region and sales channel. Based on type, the global automotive solar film market can be segmented into dyed, metalized, and ceramic. Dyed window films, are economical and are used to reduce light and UV rays. Dyed window films are colored so they reduce more light. Metallic particles are embedded in metalized window films. These particles strengthen the window, making it shatterproof. Ceramic films are high-quality films. These films have ceramic particles which are nonmetallic and nonconductive.

Based on vehicle type, the automotive solar film market can be bifurcated into passenger vehicles and commercial vehicles. The passenger vehicles segment can be divided into hatchback, sedan, and SUV/MPV. Increase in the demand of passenger vehicles can lead to the demand of automotive solar film market and it is expected to grow during the forecast period. The commercial vehicles segment can be categorized into LCV and HCV. In terms of sales channel, the global automotive solar film market can be segregated into OEM and aftermarket. Increase in demand for vehicles is projected to increase the demand for solar films.

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OEM’s use automotive solar films to protect the interior, upholstery from the sunrays they generally use the dyed window films in the vehicles. Based on region the automotive solar film market can be segmented into five geographic landscapes such as Europe, South America, North America Asia Pacific, and Middle East. The demand for automotive solar film is expected to grow in Asia Pacific because the demand for vehicles is significant and the temperature in past year has also increased which can lead to increase in demand of the automotive solar film market in the forecast period.

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Automotive Secondary Wiring Harness Market – Latest Trends and Key Drivers Supporting Growth through 2026

Rise in adoption of electric vehicles is primarily driving the global automotive secondary wiring harness market. Governments of several nations have enacted regulations to install several electronic systems such Electronic Braking Systems (EBS), Anti-Lock Braking System (ABS), and Electronic Stability Program (ESP) into vehicles, which in turn is propelling the demand for secondary wiring harness globally. Increased demand for electric vehicles is anticipated to propel the global automotive secondary wiring harness market at a rapid pace. Increase in demand for vehicle comfort and safety accessories are likely to offer lucrative opportunities for the global automotive secondary wiring harness market. Secondary wiring harness provides ease of use and a well-organized flow of electric supply from primary wiring harness to the electronic and electrical components.

A primary restraint of the global automotive secondary wiring harness market is advanced technologies such as wireless technology and printed circuit board technologies. These advanced technologies are witnessing a surge in adoption in the automotive industry, which is likely to hamper the global automotive secondary wiring harness market during the forecast period.

The global automotive secondary wiring harness market can be segmented based on application, sales channel, electric vehicle type, vehicle type, and region. In terms of application, the global secondary wiring harness market for automotive can be divided into six segments. The cabin segment of the market comprises secondary wiring for interior lightings, infotainment systems, and add-on accessories. Therefore, the segment accounted for a major share of the global automotive wiring harness market. Demand for advanced safety features, such as airbags, anti-lock braking system, electronic stability control system, and advanced driver assistance systems, is increasing, which in turn is expected to boost the demand for automotive secondary wiring harness.

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Based on sales channel, the global automotive secondary wiring harness market can be segmented into two segments. The OEM segment accounts for a major share of the market, in terms of revenue, as several secondary wirings, such as engine and electronic control systems and advanced safety features, are OE fitted.

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Automotive Thrust Washer Market 2018 Industry Trends, Growth, Share, Regional Development and Forecast to 2026

Automotive thrust washers are usually made of bronze, steel, plastic, and others materials. They are used as a bearing surface for a number of rotary applications in the automotive industry.  Thrust washers are used in a number of automotive applications such as transmission, transfer case, differential case, automotive rear axles, and other parts that require high precision. They offer advantages such as favorable frictional properties, high load carrying capacity, high sliding velocity, and maintenance free operation.

Thrust washers reduce frictional and parasitic losses by maintaining the durability of a transmission system. An increase in performance challenges, demand for fuel efficiency from consumers, stringent emission norms, and high performance standards from OEMs are likely to boost demand for automotive thrust washers during the forecast period. Demand for light weighting of vehicles and the advantages of thrust washers over needle bearing are likely to drive demand for automotive thrust washers during the forecast period. However, rise in the adoption of electric vehicles is likely to hinder the automotive thrust washer market during the forecast period.

The automotive thrust washer market can be segmented based on material, application, sales channel, vehicle, and region. In terms of material, the market can be classified into steel, aluminum, bronze, brass, and others. Increase in the use of aluminum in the automotive industry in order to reduce the overall weight of vehicles for better fuel efficiency and stability is likely to boost demand for aluminum thrust washers during the forecast period.

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Based on application, the automotive thrust washer market can be divided into transmission, transfer case, differential case, rear axle, and others. Thrust washers are replacing the larger and heavier metal thrust washers used in transmission systems in vehicles. This reduces the overall size of the transmission, weight, and number of parts. Therefore, vehicles are capable of delivering superior mileage. It also enhances the driving experience. These factors are anticipated to boost the transmission segment in the coming years.

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Automotive Water Valve Market – New Investments Expected to boost the Demand by 2026

An automotive water valve is a pivotal component of the vehicle engine cooling and vehicle heating and ventilation (HVAC) system. This valve is responsible for proper management of liquid or coolant supply to the engine cooling system and HVAC system. The other applications of the water valve includes windshield wiper fluid control and radiator fluid control for commercial vehicles. Automotive water valves are made of either metal or plastic. A typical water valve performs three functions: start/stop, throttle, and non-return.

Rise in vehicle electrification is primarily driving the global automotive water valve market. Increase in electrification boosts the load over the vehicle engine, which in turn demands a proper cooling system. Therefore, a precise and accurate water valve is of high importance for the engine cooling system and HVAC system. The valve being used must be capable to withstand high pressure generated during peak demands. Essential properties of a water valve are resistance to oxidation, chemical stability to withstand variety of coolants, high strength to withstand high pressure, and long lifespan.

Development of lightweight materials, increased demand for vehicle HVAC and engine cooling, and integration of mechanical components with electronic features are expected to offer lucrative opportunities for the automotive water valve market. Asia Pacific and Latin America are witnessing a surge in per capita income, development of road infrastructure, and presence of global vehicle manufacturers. Consequently, demand for vehicles is increasing at a prominent pace across these regions. This is driving the global water valve market at a steady pace.

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The global automotive water valve market can be segmented based on type, material, sales channel, vehicle type, and region. In terms of type, the global automotive water valve market can be classified into three segments. Solenoid water valves are widely being utilized in automobiles for engine cooling and HVAC system. These valves are lightweight and easy to operate. Demand for these valves in the automotive industry is increasing due to their simplicity. Electric valves are generally of two types: always open or always close. These valves are operated by electric motors.

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Automotive Heated Steering Wheel Market – New Investments Expected to boost the Demand by 2026

Automotive heated steering wheels are additional comfort feature equipped in vehicles. Moreover, heated steering wheel is mounted in premium segment vehicles; however, they are currently available in some standard segment vehicles too. Heated steering wheels are mostly provided in vehicles launched in Europe and North America owing to the extreme cold weather experienced in these regions. An automotive heated steering wheel comprises a heating element within the steering wheel, which enables the heating process of the steering wheel when the ambient temperature in the vehicle is low.

The automotive heated steering wheel market is anticipated to expand significantly during the forecast period owing to the rise in demand for comfort and enhanced driving conditions in the vehicle. The automotive heated steering wheel market in extremely cold regions, such as Europe, is expected to expand at a significant pace. Furthermore, vehicles with highly efficient HVAC systems are likely to hinder the automotive heated steering wheel market owing to their high potential to maintain the temperature of the vehicle’s cabin in very short duration of time. Therefore, manufacturers don’t prefer the heated steering wheel due to the high power consumed while raising the temperature of the steering wheel.

The global automotive heated steering wheel market can be segmented based on sales channel, vehicle type, and region. In terms of sales channel, currently, the OEM segment is likely to hold a major share of the market, as the technology is penetrating the market. Additionally, the segment is likely to expand at a significant pace, as it is a cost-effective method to heat the steering wheel, which makes the driver more comfortable when the ambient temperature is low.

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However, the aftermarket segment is expected to expand at a significant growth rate during the forecast period as very few manufacturers are providing heated steering wheels in their vehicles, despite being a cost effective feature. Therefore, the aftermarket segment is projected to expand during the forecast period.

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