Railcar Leasing Market Ongoing Trends and Recent Developments

 

• Railcar is a train that consist of single coach including carriage and car and is designed to transport goods. A service that provides these railcars on lease or on rent basis is called railcar leasing. It offers diverse carriage and cars for full-service or lease. The lease also includes tax and insurance charges, as well as other financial structures.
• Railcar leasing service can be utilized for transportation including metals and mining, oil & gas products and other products. Transportation through railcar is increasing due to growing industrialization, which is likely to boost the railcar leasing market across the globe.

Key drivers of Railcar Leasing Market:

• Rise in demand for petrochemical and gases transportation through railcar is likely to propel the railcar leasing market across the globe. Perishable food products that are being transported through refrigerated containers would be lucrative for the railcar leasing market. Rise in demand for perishable goods including seafood and pharmaceutical products, which are stored in a temperature controlled containers, is anticipated to boost the railcar leasing market across the globe.
• Intelligent railcars digitalize the railcar operations, which is connected across the entire supply chain, is likely to fuel the railcar leasing market across the globe. Integration of Internet of things (IoT) in railcars, which offers features such as digital assistance for loading and unloading and provides arrival notification, is estimated to boost the railcar leasing market across the globe. Enactment of stringent regulations regarding safety concerns about railcars, including DOT 117, across the globe is expected to propel the global railcar leasing market.

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Asia Pacific and North America to hold prominent share of global railcar leasing market

• Asia Pacific is projected to hold a major share of the global railcar leasing market due to growing investments by governments for development of transportation infrastructure projects related to railways across the region. Rise in petrochemical transportation is a key factor that is likely to propel the railcar leasing market in Asia Pacific.
• Followed by Asia Pacific, North America is projected to hold a significant share of the global railcar leasing market due to an increase in rail freight supply chains across North America. Expansion of railway network across North America is anticipated to further drive the railcar leasing market in the region. Key players are entering into partnerships with railcar manufacturers to manage lease and outsource fleets across North America, which in turn is likely to fuel the railcar leasing market in the region.

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Key Players Operating in Global Railcar Leasing Market

The global railcar leasing market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the railcar leasing market are:

•  American Railcar Industries Inc.
•  Brunswick Rail Management Ltd.
•  CIT Group Inc.
•  GATX Corporation
•  Mitsui Rail Capital
•  The Greenbrier Companies
•  Trinity Industries Inc.
•  UNION TANK CAR COMPANY

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Automotive Antenna Market Revenue Status and Outlook

According to the report, the global automotive antenna market is projected to reach ~US$ 11 Bn by 2027, expanding at a CAGR of ~4% during the forecast period. Increasing per capita income, rising spending power of consumers leading to preference toward premium vehicles, and significant technological advancements in vehicles are key factors fueling the automotive antenna market globally. The adoption of vehicle-to-vehicle communications and vehicle-to-infrastructure communications is anticipated to propel the automotive antenna market during the forecast period. The demand for higher voltage wires is anticipated to increase, owing to a rise in the demand for electric vehicles, which increases number of features in vehicles that require antennas to carry out the function including TPMS, ADAS system, and several others. Mild hybrid and 48V vehicles are expected to gain popularity, which creates an opportunity for the automotive antenna market.

Expansion of Automotive Antenna Market

Center stack displays and integrated clusters are emerging as the newest trend in the automotive industry, which display a large amount of information ranging from navigation and vehicle health to e-call. Rise in demand for such integrated clusters/center information displays is anticipated to further boost the demand for automotive antenna.

The electronic toll collection is being readily adopted worldwide to improve the infrastructure and facilitate speedy movement of vehicles. RFID tag antennas are expected to record significant high demand during the forecast period, owing to significant adoption of electronic toll collection. The Tire Pressure Monitoring System (TPMS) works with the support of antenna, sensors, and control units. TPMS is mandatory in North America and Europe, while Asia Pacific is expected to follow. The adoption of TPMS in Asia Pacific is projected to boost the demand for TPMS antenna during the forecast period.

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The passenger vehicle segment held a key share of the global automotive antenna market in 2018. It is anticipated to remain the leading segment during the forecast period, owing to high production of passenger vehicles coupled with higher penetration of antennas in these vehicles. The commercial vehicle segment is anticipated to expand at a high growth rate during the forecast period primarily due to expansion of industries, manufacturing, and logistics sectors in developing nations.

The OEM segment accounted for a notable share of the global automotive antenna market in 2018. Expansion of the automotive antenna market is boosting the integration of this technology by OEMs in their vehicles, which contributes to the high market share held by the OEM segment.

Regional Analysis of Automotive Antenna Market

In terms of region, the global automotive antenna market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific held a major share of the global automotive antenna market owing to higher production volume of vehicles in China, Japan, and India. Consistent rise in penetration of the automotive antenna across different countries, including China, India, Mexico, the U.S., Germany, and Japan, is a prominent factor driving the global automotive antenna market. Several decisions by governments of countries in Europe have hampered businesses in the region. Rise in revised taxes due to Brexit is likely to hamper production and sales of automobiles in Europe, which in turn is estimated to restrain the overall automotive industry in the region.

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Prominent players operating in the global automotive antenna market include Ace Technologies Corp., AGC Inc., Aptiv, Continental AG, Denso Corporation, Fiamm Componenti Accessori F.C.A.-S.p.A., Ficosa International SA, Harada Industry Co., Ltd., HARMAN International, Hella GmbH, Laird Connectivity, Panasonic Corporation, TE Connectivity, Telefonaktiebolaget LM, Ericsson, Molex, Amphenol Corporation, and Mobile Mark, Inc.

Developments in advanced antennas undertaken by several key players are likely to propel the automotive antenna market during the forecast period. For instance, In December 2018, TE Connectivity introduced two new MiMo (Multiple in and multiple out) antennas for public transportation applications. The integrated MiMo technology delivers enhanced connectivity by dividing data streams and using up to four antennas for signal transmission.

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Impact of Covid-19 Outbreak on Automotive Battery Market

The changing landscape of the global automotive battery market was estimated to increase the importance of the product in years to come by the Transparency Market Research (TMR). To develop components of automobiles for enabling electricity optimization, new mechanics and designs are adopted by Original Equipment Manufacturer (OEM) and automotive battery manufacturers like Exide Industries Limited, Hitachi Ltd, Johnson Controld International plc, and Furukawa Electric Co.Ltd. . These factors support the incorporation of advanced batteries in automobiles.

The market has witnessed the introduction of automotive battery technology that enables quick recharge and offers power-saving options. In this regard, automobile manufacturers and OEMs are expected to focus on the optimization of smooth power consumption during the development of vehicle system components.

TMR forecasts the global automotive battery market to be valued at US$54.5 bn by 2022 with an estimated 5.7% CAGR during the forecast period of 2017 to 2022.With a 38.0% revenue share achieved in 2017, small sealed lead acid (SSLA) segment is predicted to lead the market on the basis of chemical composition. With a valuation of US$15.1 bn by 2022, Europe is expected to maintain its position as the larger region.

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Strict Emission Norms and High Demand for Fuel Efficiency Reinforce Growth

The strong growth of SSLLA automotive battery is predicted by market analysts. As more number of electric and plug-in hybrid vehicles are being produced presently, lithium-ion (Li-on) automotive battery is showing a steady sales growth. Owing to the promise of successful commercialization and attractive incentives, OEMs are encouraged to introduce new hybrid and electric models. OEMs are compelled to develop products that fulfill future transportation and similar other requirements because of strict emission norms and global demand for fuel efficiency.

The advent of electric vehicles has caused a growth in both the number of electric vehicle models as well as OEMs. For example, in 2017, Mercedes Benz had decided to introduce plug-in electric vehicle model. Along similar lines, Toyota is expected to launch a plug-in hybrid and all-electric vehicles by the end of 2018.

Underdeveloped Support Infrastructure and Safety Issues Tether Demand

The availability of underdeveloped support infrastructure for electric vehicles is negatively affected by the forecasted demand for automotive battery. Moreover, it is difficult to provide products at a parallel competitive pace for automotive battery manufacturers due to the overflowing sale of compact and mid-sized vehicles compared to other type of vehicles. However, less complaints were lodged by manufacturers for the production of automotive battery for compact and mid-sized vehicles because of the less complexity requirement in additional cost manufacturing.

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Regions that exhibit increased trade activities and high demand for commercial aircrafts and automobiles are yet to be explored by manufacturers. These factors have been anticipated to contribute to the growth of the automotive battery market internationally. An important element expected to reinforce the demand for automotive battery is its economic, technological and infrastructural development.

The information presented in this review is based on a TMR report, titled “Automotive Battery Market (Chemical Composition - Lithium-ion, Nickel-metal Hydride, Nickel-cadmium, and Small Sealed Lead Acid; Vehicle - Compact, Mid-sized, Premium, Luxury, Commercial, and Heavy Commercial; Sales Channel - OEM and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2022.”

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Automotive Camera Market Size, Share, Emerging Trends, Analysis and Forecasts to 2026

Leading manufacturers of automotive cameras are leveraging the wide angle lenses’ popularity. Several OEMs have been continuously exploring safety solutions having capability to capture driver blind spots. Camera module manufacturers and OEMs are likely to collaborate and increase their investments for developing new technologies pertaining to automotive cameras.

A report recently collated by Transparency Market Research (TMR) has profiled key companies supporting growth of the automotive camera market worldwide. These market players include Media Data Systems Pte Ltd., Robert Bosch GmbH, Delphi Automotive LLP, Valeo Inc., KYOCERA Corporation, Transcend Information Inc., Ficosa International S.A., Continental AG, Qrontech Co. Ltd., Autoliv Inc., and Ambarella.

Worldwide Sales of Automotive Cameras to Reach approximately US$ 4,800 Mn Revenues by 2026-end

The report projects the global automotive camera market to exhibit an impressive CAGR through the forecast period (2017-2026). Growing demand for various cameras such as digital camera, infrared camera, and thermal camera in passenger cars and commercial vehicles is expected to pave immense industry potential. Automotive camera sales across the globe are estimated to account for approximately US$ 4,800 Mn revenues by 2026-end.

With slowdown in the global economic growth, several industrial sectors suffered stagnancy and automotive camera industry was no exception. Yet, it still has maintained a relatively optimistic expansion over the recent years. Growth of the global automotive camera market is primarily being fuelled by surging demand for complementary metal-oxide semiconductor image sensors (CMOS image sensors). These sensors deliver an improved experience by providing a broad-angle view of the surroundings.

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In addition, there has been a tremendous surge in adoption of safety solutions, particularly the driver assistance & safety systems such as lane departure warning system (LDWS), blind spot detection system (BSD), forward collision warning system (FCW), head-up displays, and pedestrian protection. Furthermore, shifting focus of automotive manufacturers toward replacing side-view mirrors with cameras will buoy expansion of the automotive cameras market in the upcoming years.

APEJ and Europe to Remain Most Profitable Markets for Automotive Camera

Asia-Pacific excluding Japan (APEJ) and Europe are anticipated to remain the most profitable markets for automotive camera. The market in North America is projected to register a relatively slower expansion than in APEJ and faster than in Europe through 2026. Revenues from automotive camera sales in North America will also account for a significant market share by 2026-end. In contrast, automotive camera market in Middle East & Africa (MEA) and Latin America will account for the lowest revenue shares of the market throughout the forecast period.

Rear-view enhancement and corner-view cameras are projected to remain dominant among products in the automotive camera market, in terms of revenues. Although revenues from side-view cameras will account for the smallest market share, these cameras are expected to lead the market in terms of sales expansion through 2026, followed by corner-view cameras.

Compact Passenger Cars – Most Lucrative Vehicles in the Market

Compact passenger cars are anticipated to remain the most lucrative among vehicles in the global automotive camera market, followed by mid-sized passenger cars. Light commercials vehicles are also expected to gain ample revenue share of the market by 2026-end. On the other hand, heavy commercial vehicles will continue to account for the smallest revenue share of the market.

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Automotive cameras will continue to witness the largest application in parking surround view, trailed behind by 360? surround view. In addition, drowsiness and blind spot applications of automotive camera will register the fastest expansion at nearly equal CAGRs through 2026.

On the basis of technology, although stereo cameras will remain preferred among vehicle owners, sales of mono cameras and infrared cameras will reflect relatively higher CAGRs through 2026. Revenues from sales of infrared cameras will remain comparatively larger than those from mono cameras.

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Automotive Compact Camera Module Market Segmentation, Opportunities, Trends & Future Scope to 2026

Prominent manufacturers of automotive compact camera module are capitalizing on popularity of the wide angle lenses. Many OEMs are exploring safety solutions constantly that could capture blind spots. Collaboration between manufacturers and investment in development of new compact camera module technologies will remain key strategies among companies in the global automotive compact camera module market. A new Transparency Market Research’s report profiles key players significantly contributing to the market growth, which include BYD Microelectronics, Toshiba, Xiaomi, Volvo, Mobileye, Huawei, Continental AG, AGC, Ability Opto, and Automotive Compact Camera.

The report has slated the global market for automotive compact camera module to register an impressive single-digit expansion throughout the forecast period (2017-2026). Automotive compact camera module sales across the globe are estimated to account for over US$ 4,500 Mn revenues by 2026-end.

Rise in Advancements of Compact Camera Modules have Led toward Declined Costs & Increased Adoption

Compact camera modules have been employed in vehicles for a wide range of applications over the past few years, particularly in passenger cars. These cameras, installed in rear, front, and inside of automobiles, provide safety to driver and passengers, meanwhile imparting an enhanced driving experience by improving front and rear view of the driver. Compact camera module-based automotive systems have undergone huge developments over the past couple of years, coupled with accelerated sales of compact camera modules for parking surround view. Rise in advancements in compact camera modules along with rapid production rate have resulted into declined costs of these cameras, which in turn has propelled their adoption.

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Mounting demand for sensing compact camera modules, which seek huge application in the advanced driver assistance systems (ADAS), along with rising concentration on safety measures owing to growing number of road accidents will augment the market growth. Considerable evolution has been witnessed in automotive compact camera modules, enabling their integration with safety systems. For instance, video camera technology is leveraged by lane departure system, along with electrically-powered steering, in order to enable faster feedbacks in critical conditions such as vehicle swaying away from the active lane. Automotive manufacturers are increasingly focusing on employing compact camera modules as substitutes for side view mirrors, which in turn will influence the market expansion in the near future.

APEJ to Remain Most Lucrative Market for Automotive Compact Camera Module

Rapid growth in industrialization along with robust automobile production in countries such as China, India, and South Korea, are expected to influence the market for automotive compact camera module in Asia-Pacific excluding Japan (APEJ). Nearly one-third revenue share of the market has been projected to be accounted by sales of automotive compact camera modules in APEJ. The region will continue to be the most lucrative market for automotive compact camera module, followed by Europe and North America. However, sales of automotive compact camera modules in North America will continue to witness a relative faster expansion than those in Europe through 2026.

Automotive compact camera modules with pixel size of 720p to 1080p will remain sought-after among customers in the market. Revenues from this pixel size segment will remain significantly higher than those from less than 720p and more than 1080p (upto 4K) combined. However, sales of automotive compact camera modules with pixel size of more than 1080p (upto 4K) will register the highest CAGR through 2026.

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Luxury Passenger Cars to Remain Most Remunerative among Vehicles in the Market

Luxury passenger cars will remain the most remunerative vehicles in the global automotive compact camera module market, followed by premium passenger cars. However, sales of automotive compact camera modules are slated to register the fastest expansion in heavy commercial vehicles, closely trailed by compact passenger cars, through 2026.

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Battery Operated Lights Market Trends and Demands Research Report and Forecast 2027

Battery operated lights are witnessing a notable increase in demand and this is set to lead to growth in the global battery lights market over the period starting 2019 and ending 2027. As per Transparency Market research factors such as technological advancement and growing awareness regarding benefits of these lights over traditional ones is driving market forward in a major way. Governments are also contributing to this growth by ways of rebates and incentives. Besides, factors such as easy installation and energy efficiency are also adding to the popularity of battery operated lights, making demand arise from both residential as well as commercial areas.  It is also pertinent to note here that Europe would be a notable region in the market over the forecast period.

Global Battery Operated Lights Market: Competitive Landscape

The global battery operated lights market is a competitive landscape with players operating here deploying a host of strategies that promise growth. Such measures often include a sharp eye on technological advancement and its adoption, forging strategic alliances, which are mutually synergistic. Product development and improvement is often noted in the market and it does keeps the market dynamic.

The market for global battery operated lights has a fragmented vendor landscape owing to existence of a number of solid market players. Some of the most competitive names in the global battery operated light market are:

• Philips, General Electric
• QTOP USA
• MR Beams
• Bellolite
• American Lighting, Inc.
• Lighting EVER (Home EVER Inc.)
• S4Lights

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Global Battery Operated Lights Market:  Key Trends and Drivers

Plenty of growth factors are seen marking the landscape of global battery operated lights market. The trends and drivers are quite varied and are set to keep the market buoyant. Transparency Market Research’s upcoming report, a comprehensive analysis of growth dynamics, delineates these on the granular level. A deep-dive into the prominent ones is provided below:

• Portability of these batteries is a major booster in their popularity. Besides, they are lightweight and easy to install, making them highly popular among people looking for festive lights or seasonal wall hangings or party wall mountings. These are therefore often seen in stairways and even commercial buildings.

• Battery operated lights are witnessing an increase in demand due to certain government initiatives such as those that are seeking replacement for traditional lamps. These are giving a massive boost to LED products. Rebates and incentives are seen marking the landscape for battery operated lights, driving the market forward in a major way.

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Global Battery Operated Lights Market:  Regional Analysis

Robust technology infrastructure, and increase in awareness regarding benefits of using battery operating lights are the factors that are attributable to the massive claim of regions of North America and Europe. Certain government schemes and initiatives are also contributing positively towards growth in demand for battery operated lights in these regions. Europe 2020 plan is one such pertinent example here. The Asia Pacific (APAC) region will also present itself as a lucrative market owing to factors such as heavy concentration of manufacturers. China is a hub for such manufacturing and will therefore be a notable contributor to growth over the forecast period. Online sales is catching up in this region, promising much growth and a slew of untapped opportunities. Players will therefore have a sharp eye on the region over the forecast period.

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Liquid Soap Market: Competitive Strategies, Regional Analysis Forecast 2028

The global liquid soap market is poised to grow at a stupendous pace during the forecast period of 2019 to 2028. This growth is attributed to rising awareness about personal hygiene among adult population from all across the world. Liquid soaps have low PH levels. This makes them gentle and suitable for all skin types including sensitive skin. Owing to all features, the global liquid soap market is witnessing stupendous demand avenues from major population in the world.

An upcoming research report from TMR on the liquid soap market provides detailed analysis of key elements that support or hinder the market growth. Apart from this, it offers dependable data on volume, shares, revenues, key players, and probable growth avenues in the market for liquid soap. Thus, the report is a valuable guide offering data on the global liquid soap market for the forecast period of 2019 to 2028.

The global liquid soap market is segmented on the basis of various key factors such as product, application, distribution channel, and region. Based on distribution channel, the market for liquid soap is classified into connivance store, supermarkets and hypermarkets, online, and others.

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Global Liquid Soap Market: Growth Dynamics

Majority of people today from all across the world are inclined toward using liquid soap instead of other options including soap bars. Key reason behind this shift is the ability of liquid soaps to retain over 30% of skin moisture. Owing to this factor, liquid soaps are considered suitable for dry skin as well. People today are more aware about the importance of personal hygiene. This factor has motivated major global population toward spending on personal hygiene. As a result, players from the global liquid soap market are witnessing remarkable sales avenues.

Vendors working in the global liquid soap market are pouring efforts to offer innovative products with a wide range of fragrance choices. Apart from this, a wide range of population is inclined toward the use of handcrafted and homemade shops. The process of manufacturing these products is comparatively unsophisticated. In addition to this, their production cost is insignificant. As a result, there is considerable growth in the number of small-scale private companies in this market. This factor is helping in the expansion of the global liquid soap market.

Global Liquid Soap Market: Competitive Analysis

The global liquid soap market is fairly fragmented in nature. Presence of many regional and international players connotes that the competitive landscape of the market for liquid soap is highly intense. Vendors working in this market are using diverse strategies to gain the leading position. Many companies are growing their investments in research and development activities. These moves are helping them to introduce superior quality products. Apart from this, major vendors are utilizing online sales channels for the sales of their products. All these moves indicate that the global liquid soap market will expand at prodigious rate during the forthcoming years.

The list of key players in the global liquid soap market includes:

• Procter & Gamble
• Reckitt Benckiser Group plc.
• 3M
• Unilever
• GOJO Industries, Inc.
• Lion Corporation
• Godrej Consumer Products
• Kao Chemicals
• Bluemoon Bodycare

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Global Liquid Soap Market: Regional Assessment

The global liquid soap market is spread across five key regions, namely, North America, Europe, Asia Pacific, Central and South America, Middle East and Africa. Of them, Asia Pacific is one of the leading regions of the market for liquid soap. Rising awareness about hygiene, presence of significant number of key players, new product launches in the region are projected to drive the market growth in the upcoming years. In addition to this, the liquid soap market will witness stupendous sales avenues for commercial as well as household applications owing to increased population in this region.

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