Covid-19 Impact on Automotive Aftermarket Size by Product Market to Witness Huge Growth by 2027

Automotive aftermarket products are used as replacement products for parts or components which are manufactured or used for automobiles by original equipment manufacturers (OEMs). Increasing preferences for the replacement products by consumers to improve vehicle performance is a major factor driving the automotive aftermarket size by product growth. Automotive components and systems need to be replaced after several months/ years based on their utility. Major and common replacement components of the automotive industry include tires, windshields, oils, and braking components. Most of these products are available for in the automotive aftermarket.

Increasing demand for vehicles is a key driver of the automotive aftermarket size by product. Significant improvements in the engineering of vehicles such as customization alternatives, diversified paint coatings, accessories, and engines are attributed to rapid technological advancements. This, in turn, is expected to propel the market during the forecast period. High flexibility in vehicle design and production is anticipated to create opportunities in the market. Changing lifestyles and rise in disposable income of customers are expected to increase production and sales of automotive components. Changing trends and easy customizations allow customers to replace original equipment by using products from the aftermarket.

Aftermarket products are lightweight, strong, and available in available in various for customizations. Increasing concern of customers regarding comfort and safety is expected to fuel the adoption or addition of aftermarket products in vehicles. High durability and strength of original equipment is a major restraint for the automotive aftermarket size by product. Difference in quality of the material can also inhibit the automotive aftermarket products.

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The global automotive market size by product can be segmented in terms of application, product, material, sales store/outlet, vehicle type, and region. Based on application, market can be bifurcated into interior products and exterior products. In terms of product, the automotive aftermarket size by product can be segregated into tires, engine components, transmissions, belts, hoses, suspensions, harnesses, batteries, oils, interior components, and others. Based on material, the aftermarket can be classified into plastics, composites, metals & alloys, and others.

In terms sales store/outlet, the automotive aftermarket size by product can be categorized into organized stores and un-organized stores. Based on vehicle type, the market can be divided into passenger vehicles, light commercial vehicles, heavy commercial vehicles, and two-wheelers. Increase in production of passenger vehicles across the globe is expected to drive the passenger vehicles segment of the market during the forecast period. Additionally, rise in per capita income, rapid urbanization, and expansion of the automotive industry in developing countries are driving the demand for passenger vehicles.

In terms of region, the global automotive aftermarket size by product can be split into Europe, North America, Latin America, Middle East & Africa, and Asia Pacific. The market in Europe is estimated to expand at a rapid pace, as the region is a major producer of premium passenger vehicles and several top OEMs are based in Europe. Demand for automotive aftermarket size by product is projected to rise considerably in Asia Pacific, as countries such as India and China are among the top producers of automobiles and are major users, exporters, and importers of vehicles in the region.

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Key players operating in the global automotive aftermarket size by product include Continental AG, 3M Company, Federal Mogul, Delphi Automotive, Robert Bosch GmbH, ASIMCO Technologies Ltd., Denso Corporation, ALCO Filters. Shandong Zhengnuo Group Co. Ltd., and ACDElco.

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Cable Clamp Market Global Industry Sales, Supply, Consumption, Analysis and Forecasts to 2027

• Cable clamps are used as an accessory to secure and bundle wires and cables. The use of cable clamps plays an important role in installation and maintenance of cables as they are used as a cable protection solution. Cable clamps are available in different sizes and structures according to usage. The ability to reopen the clamps makes it valuable and useful in various applications.   

Growth of Construction Sector to Drive the Global Cable Clamps Market

• Growth of the construction sector is set to increase the demand for cable clamps worldwide. Cable clamps are used for efficient routing and installing the wire and cable of electrical works on building walls. Cable clamps have made tasks simpler and more efficient since wires and cables are easily organized and secured. Cable clamps are available for both light and heavy duty applications. They can be reused, and provide structured wiring and cable systems in various industry sectors. The efficiency and easy usage of cable clamps are the major factors expected to drive the global cable clamps market.

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Rise in network and telecommunications sector for residential, commercial, and industrial facilities to fuel the cable clamps market globally

• Growth of the network and telecommunications sector is expected to boost the market of cable clamps in the coming years. Cable clamps ensure effective and efficient installation of cables within the network and telecommunications system which are designed to keep the connections strong in harsh industrial environments. Electrical or optical cable in a cabinet remains untangled due to cable clamps. Thus, the growth of the network and telecommunications sector is likely to drive the cable clamps market in the near future.

North America to Lead the Global Cable Clamps Market

• In terms of region, the global cable clamps market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
• Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. North America cable clamps market country-level analysis includes Canada, the U.S., and Rest of North America. The South America cable clamps market is segmented into Brazil, and Rest of South America. Analysis and forecast of the cable clamps market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
• The market in North America is likely to witness maximum demand for cable clamps followed by Asia Pacific from 2019 to 2027 due to higher growth of the construction and networking sector.

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Key Manufacturers Operating in the Market

Key manufacturers operating in the global cable clamps market are:

• 3M
• ABB Ltd.
• Arlington Industries, Inc.
• Garvin Industries
• Amphenol Corporation
• Panduit
• HellermannTyton
• Orbit Fastener Company Limited

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Refurbished and Used Mobile Phones Market Detailed Global Analysis Report by Key Players

The global refurbished and used mobile phones market is gaining traction owing to the rapid growth of the digital content. Smartphone has become an integral part of people’s lives starting from engaging e-commerce, supporting communication to fueling the growth of digitalization. Nowadays, tech-savvy consumers are shifting towards high-end and advanced technological equipment. Such consumers are not willing in spending much time with their new smartphones due to the short upgrade cycle. Thus, a large number of population is showing their interests toward used mobile phones which have their desired features that to in low price. 

An upcoming report on the global refurbished and used mobile phones market by Transparency Market Research promises to be crucial source of information for stakeholders looking to strengthen their foothold in the market. The report would enable them to gain proper insight into the growth drivers and restraints. The exhaustive information in the report would unravel the opportunities and pitfalls in the market. The report runs through multiple standpoints such as trends, competitive landscape, product, application, and regional segments to understand if the global refurbished and used mobile phones market holds out solid promise. 

Global Refurbished and Used Mobile Phones Market: Key Trends 

Rising emerging economies, growing demand for purchasing low-priced products, and increasing adoption of smartphones are believed to be driving the global refurbished and used mobile phones market. Along with these, rising customers dependency on electronic gadgets in developing countries also is expected to fuel demand in the global refurbished and used mobile phones market. Smartphones manufacturers of developing economies are constantly investing in research and development for producing high-end mobile phones in order to meet rapid technological demands from consumers. Such factor is also expected to boost the global refurbished and used mobile phones market. 

Furthermore, rapid urbanization in developing countries, growing mid-price brand division, rising demand for advanced features at low prices are also projected to propel the global refurbished and used mobile phones market. Along with these, rapid implementation of governments’ initiative and regulation about green initiatives and e-waste management is also believed to be further boosting demand in the global refurbished and used mobile phones market. 

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Global Refurbished and Used Mobile Phones Market: Regional Outlook 

With respect to geography, APAC is expected to lead the global refurbished and used mobile phones market as the region has seen rapid infrastructural development. Growing urbanization, burgeoning tech-savvy population, and rapid technological advancements could also be responsible for fueling the refurbished and used mobile phones market in this region. Other prominent regions in the global refurbished and used mobile phones market are the Middle East, Africa, South America, and North America. Rising government regulations in recycling technological products is expected to boost the refurbished and used mobile phones market in these regions. 

Global Refurbished and Used Mobile Phones Market: Competitive Dynamics 

Some of the prominent players operating n the global refurbished and used mobile phones market are Samsung electronics, Redeem UK, FoneGiant.com, NIPPON TELEPHONE INC, and Verizon Communications. The report unravels their market standing, product offerings, geographical outreach, and strategies for progress. It also furnishes information on their sales and revenues and their growth potential.

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Lithium-ion Battery Market: Top Companies, Trends and Technology 2020-2027

According to a new market report published by Transparency Market Research on the lithium-ion battery market for the forecast period of 2019–2027, the global lithium-ion battery market is expected to reach ~ US$ 41.5 Bn by 2027, expanding at a CAGR of ~ 9% from 2019 to 2027. In terms of volume, the global lithium-ion battery market is expected to reach 15,764.89 million units by 2027, at a CAGR of ~ 11% during the forecast period of 2019 to 2027. Asia Pacific held a prominent share of the global lithium-ion battery market in 2018.

Lithium-ion batteries power mobile phones, tablets, laptops, wearable devices, power banks, and other consumer electronic devices. Asia Pacific is the largest lithium-ion battery market in the world. The region has the largest consumer electronics and EV market, globally. Demand from these sectors is driving the sales of lithium-ion batteries in the region. In Asia Pacific, the value chain of the lithium-ion battery market is highly developed. Manufacturers in China, Japan, and South Korea, such as LG Chem, Samsung SDI, Panasonic Corporation, and BYD Group, are the dominant players manufacturing lithium-ion batteries for electric vehicles. Governments of China, Japan, and South Korea are investing heavily in lithium-ion battery technologies to maintain their lead.

China leads the lithium-ion market in the region. The large consumer electronics, EVs, and energy storage markets are driving the sale of lithium-ion batteries. Japan is a pioneer in the electronics industry. The Japanese automotive industry is an early adopter of EVs due to scarcity of oil. Rise in the sales of consumer electronic devices and EVs are increasing the demand for lithium-ion batteries. South Korea is a leader in the smartphone industry, and the rise in the sales of smartphones in the country is increasing the demand for lithium-ion batteries.    

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North America has one of the largest consumer electronics and EV markets, and is the second-largest lithium-ion battery market in the world. The North America consumer electronics market was valued at ~ US$ 85 Bn in 2018, and is forecast to reach ~ US$ 108 Bn by 2023, expanding at a CAGR of ~ 6%. The rising consumer electronics market is driving the demand for lithium-ion batteries. Lithium-ion batteries are the heart of EVs. The region has opportunity for growth of EVs, as the penetration of EVs in the U.S., Canada, and Mexico is 2.4%, 2.3%, and 0.1%, respectively. The U.S. is the largest and the most prominent lithium-ion market in North America, followed by Canada.

Lithium-ion batteries are used in various energy storage applications, ranging from small capacity batteries used in residential systems with rooftop photovoltaic arrays to large capacity batteries used in complex energy grid systems. Rise in the demand for energy storage systems in the U.S. is driving the overall demand for lithium-ion batteries in the energy storage market in North America.

Europe is the third-largest market. Rise in the sales of consumer electronic devices and EVs is increasing the demand for lithium-ion batteries. The penetration of EVs in Germany, the U.K., and France is 2.0%, 2.1%, and 2.1%, respectively. Lithium-ion batteries are required to power all consumer electronic devices. The consumer electronics market in Europe was valued at ~ US$ 68 Bn in 2018, and is anticipated to reach US$ 89.5 Bn by 2023, increasing at a CAGR of ~ 7%. The sales of smartphones, tablets, and other consumer electronic devices are increasing the demand for lithium-ion batteries in Europe.

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MEA and South America are the smallest markets among all the regions.

Company profiles of the players operating in the lithium-ion battery market include company overview, major business strategies, and key developments. Companies profiled in the global lithium-ion battery market include BYD Company Limited, A123 Systems LLC, Panasonic Corporation, Samsung SDI Co. Ltd, Amperex Technology Limited (ATL), LG Chem, Ltd., Murata Manufacturing Co. Ltd., Toshiba Corporation, Clarios Power Solutions, and Maxell Holdings, Ltd.

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Packaged Coconut Water Market Growth Till 2030

• Growing awareness about the benefits of drinking coconut water is set to expand the packaged coconut water market. Packaged coconut water is easy to carry compared to a whole tender coconut. It is handy to use during sports events and gym activities. Consumption of coconut water keeps the body hydrated, and it tastes better than normal water and offers health benefits (antioxidant properties and several nutrient contents). The packaged coconut water market is segmented based on product type, packaging type, distribution channel, and region. The rising demand for packaged coconut water is due to its health benefits and rising consumer preference for natural and healthy drinks rather than carbonated drinks.

Increasing Awareness about Health Benefits of Coconut Water to Fuel the Global Packaged Coconut Water Market

• Rapidly changing retail industry and growing awareness about the health benefits of consuming coconut water is likely to drive the packaged coconut water market worldwide.  Packaged coconut water is essentially consumed as a refreshing drink and it provides various health benefits. Increasing health concerns among people is expected to majorly drive the packaged coconut water market. Nowadays, people are inclined toward organic and natural products. The health benefits and low calorie count have made coconut water the best alternative to high-calorie juices and carbonated beverages. Companies are focusing on product appearance and packaging attractiveness to enhance the product appeal and expand the customer base of packaged coconut water across the globe.  

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Increasing Trend of Flavored Coconut Water to Drive the Global Packaged Coconut Water Market

• Manufacturers are striving to manufacture packaged coconut water in different flavors. The increasing trend of ready-to-go products and rapid urbanization are major factors boosting the demand for various packaged products that is projected to positively impact the packaged coconut water market.

Asia Pacific to Lead the Global Packaged Coconut Water Market

• In terms of region, the global packaged coconut water market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
• Europe includes country-level analysis for the U.K., Germany, France, and Rest of Europe. North America includes Canada, the U.S., and Rest of North America. The South America packaged coconut water market can be segregated into Brazil, and Rest of South America. Analysis and forecast of the packaged coconut water market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the packaged coconut water market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
• Demand for packaged coconut water is likely to increase significantly in Asia Pacific from 2020 to 2030, followed by North America and Europe, due to growing number of coconut plantations, tourism industry, rapid urbanization, and rising disposable income in the region.

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Leading players of the market are focusing on providing online services to customers of packaged coconut water.

Key Manufacturers Operating in the Market

The global packaged coconut water market is highly fragmented. Key players operating in the global market are:

• The Coca-Cola Company
• PepsiCo Inc.
• Taste Nirvana International Inc.
• All Market Inc.
• Amy & Brian Naturals
• C2O Pure Coconut Water LLC

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Aviation Analytics Market 2020: An Emerging Hint of Business Opportunity and Trend Forecast to 2024

The global aviation analytics market registers a tremendous growth potential in the forthcoming years. Various organizations worldwide are increasingly adopting aviation analytics solutions as these systems facilitate them in reducing costs, improving maintenance and performance, and increasing profitability and revenue. These systems are used across the aviation industry for various applications including revenue management, fuel management, inventory management, customer analytics, and risk management. They are used across different business verticals including operations, finance, sales and marketing, and maintenance and repair.

The market intelligence report takes into account the historic data and current scenario to estimate future trends of the global aviation analytics market. It offers invaluable insights into statistics pertaining to the market at both global and regional level. It provides a detailed overview of the factors influencing the market and the extent to which they impact the growth. For a lucid analysis, the report segments the market on the basis of various criteria such as application and geography. It presents an in-depth analysis of the competitive landscape of the market. It profiles the prominent players in the aviation analytics market along with their latest developments, revenue generation, market shares, business strategies, and contact information.

Global Aviation Analytics Market: Drivers and Restraints

Participants of the global aviation industry are increasingly focusing on competitive intelligence and analytical solutions to boost the profitability of their businesses. This is leading to the growing popularity of aviation analytics solutions, thereby providing a fillip to the market. Moreover, the increasing aviation passenger traffic is resulting in rising volume of data generated. This is creating pressing need to analyze the aviation industry, thereby driving the market. The growing emphasis on jet fuel management is also creating a staggering volume of demand for these systems.

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On the other hand, several players fail to offer data models as per diverse needs of businesses, thereby hampering the growth of the global aviation analytics market. The dearth of appropriate analytical skills among workforce is also impeding the growth of the market. However, the booming demand for real-time analytics in the aviation industry is creating ample growth opportunities for the market.

Global Aviation Analytics Market: Geographical Segmentation

The key segments covered in the research report on the basis of geography are North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific will represent a large share in the market throughout the forecast period. The expanding base of middle-class population and the growing trade and tourism in emerging countries such as China and India are providing a significant boost to the aviation industry, which in turn is working in favor of the growth of the aviation analytics market in the region.

Moreover, the increasing investments and advancements in the field of cloud technology are propelling the growth of the region. The rising emphasis on improving operational efficiency and reducing costs is also triggering the demand for aviation analytics in the region.

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Global Aviation Analytics Market: Competitive Landscape

The global aviation analytics market is characterized by high competitive rivalry among key players. Some of the key companies operating in the market are Oracle Corporation, IBM Corporation, SAS Institute, SAP SE, General Electric, and Ramco International. These players are focusing on expanding their product and service portfolios to meet the diverse needs of their end users. Several players are also implementing cloud-based technologies in their product offerings to enhance their visibility in the market.

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Demand Analysis and Future Opportunity Evaluation of Advanced Semiconductor Packaging Market

Semiconductor packaging provides protection to substrate and wafer. The materials used in packaging semiconductor are metal, plastic, ceramic or glass. However, manufacturers have started using some of the advanced semiconductor packaging technologies such as flip-chip, Fan-Out Wafer-Level Packaging (FO-WLP), Fan-In Wafer-Level Packaging (FI-WLP) and 2.5D and 3D packaging. Although 2.5D technology emerged as a bridge technology between 2D and 3D ICs, it has evolved as largely used package solution alongside 3D ICs. The demand for 3D packaging is increasing due to constantly evolving wearable and portable devices, and rapid development of electric vehicles. Also, High-Bandwidth Memory (HBM) technology is which is already implemented in 2.5D packaging is also expected to improve the power efficiency of IC packages.

Top three emerging trends that are contributing towards the growth of the advanced semiconductor packaging market are the integration of semiconductor in vehicles, changes in the size of wafer, and increasing number of companies moving towards mergers and acquisitions. Increasing demand for automation in vehicles is resulting in the need for semiconductor devices of small size, thus driving the demand for advanced semiconductor packaging solution in the automotive sector.  Increasing number of merger and acquisitions are taking place in the semiconductor packaging market. New companies are also using M&A route to compete in already highly competitive market.  

Major companies currently active in the global advanced semiconductor packaging market are ASE Group, Kyocera, Avery Dennison, Sumitomo Chemical Co. Ltd., Infineon, STMicroelectronics, Hitachi Chemical, Amkor Technology, AMD, and Intel Corp.

Global Advanced Semiconductor Packaging Market to Witness Significant Growth during the Forecast Period

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As per the report by Transparency Market Research (TMR), the global advanced semiconductor packaging market is expected to witness strong growth, registering a CAGR of 10.9% during 2017-2026. The global advanced semiconductor packaging market is also estimated to reach US$ 67,208.2 million revenue by 2026 end.

The global advanced semiconductor packaging market is segmented into application, packaging type, end user, and region. Based on the packaging type, the market is segmented into 2.5D/3D, Flip Chip (FC), Fan-In Wafer-Level Packaging (FI WLP), and Fan-Out Wafer-Level Packaging (FO WLP). Flip Chip (FC) is expected to witness the highest growth during the forecast period.

By application, Central Processing Units/Graphical Processing Units are anticipated to witness significant growth during 2017-2026.

End Users are further segmented into consumer electronics, medical devices, aerospace and defense, automotive, telecommunications, and other end users. Among these, consumer electronics are expected to be the largest users of advanced semiconductor packaging during the forecast period.

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APEJ to Remain Dominant in the Global Advanced Semiconductor Packaging Market

Asia Pacific Excluding Japan (APEJ) is likely to dominate the global advanced semiconductor packaging market from 2017 to 2026. Presence of the major market players in the region is one of the factors driving the market growth. Companies are also investing in countries such as China to develop research and development facility and chip packaging manufacturing facilities. As emerging economies such as China are focusing more on advanced technologies, 2.5D IC and 3D ICs are being used on a large scale for chip packaging. Also, low labor cost and availability of cheap raw material are leading towards the significant growth of advanced semiconductor packaging market.

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