Automotive Radiator Fan Market To Witness Comprehensive Growth By 2030

According to the report, the global automotive radiator fan market is projected to surpass ~US$ 1 Bn by 2030, expanding at a CAGR of ~2% during the forecast period. Increase in global warming across the globe is prompting most vehicle manufacturers to develop an efficient cooling system for their vehicles, which is anticipated to boost the automotive radiator fan market across the globe. Technological progression and development of several advanced combustion modes, such as homogeneous charge compression ignition (HCCI), is anticipated to boost the automotive sector, owing to a rise in demand for high efficiency and low carbon emission. The automotive internal combustion engine market is expected to witness significant expansion due to the high demand for vehicles during the forecast period.

The rise in demand for refrigerated transportation across developing countries is likely to boost the automotive radiator fan market, as a radiator fan is required to provide air flow in order to prevent engine from overheating and improve air condition performance required to transport frozen food. This is expected to boost the automotive radiator fan market across the globe.

Expansion of Automotive Radiator Fan Market

The surge in trade volume, owing to rising bilateral trade among countries is projected to boost the automotive radiator fan market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year.

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Based on vehicle type, the global automotive radiator fan market has been segmented into passenger vehicle, commercial vehicle, and electric vehicle. Passenger vehicle and electric vehicle are likely to be highly lucrative segments during the forecast period. This is primarily due to the rise in production of passenger and electric vehicle across the globe. The growing adoption of electric vehicles in major developing countries, including the U.S., China, Germany, and Japan is expected to propel the automotive radiator fan market across the globe.

In terms of radiator fan type, the electric radiator fan segment dominated the market, as an increase in demand for electric vehicles due to enactment of emission regulation is fueling the demand for automotive radiator fan. Moreover, the demand for noiseless fan is increasing, which is also likely to drive the demand for electric radiator fan and subsequently, propel the automotive radiator fan market.

Regional Analysis of Automotive Radiator Fan Market

In terms of region, the global automotive radiator fan market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global automotive radiator fan market in 2019. It is anticipated to hold a leading share during the forecast period, due to the rise in production and sale of vehicles in China and ASEAN. The increased demand for electric vehicle across Asia Pacific is anticipated to boost the automotive radiator fan market in the region.

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Prominent players operating in the global automotive radiator fan market include AMETEK Inc., Denso Corporation, Valeo SA, FLEXXAIRE, BorgWarner Inc., CalsonicKansei North America Inc.., Delta Radiator Fan Ltd., ebm-papst, Guangzhou Tech Master Auto Parts Co., Ltd, Horton Holdings Inc., Multi-Wing International a/s., SPAL Automotive, Sunonwealth Electric Machine Industry Co. Ltd, Toshiba Electronic Devices & Storage Corporation USUI Co. Ltd., YILI Technologies, Bergstrom Climate Control Systems, and AVID Technology Limited.

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Automotive Wiring Harness Market 2027: Detail Analysis Focusing on Product, End-use and Regional Outlook

According to the report, the global automotive wiring harness market is projected to reach ~US$ 76 Bn by 2027, expanding at a CAGR of ~5% during the forecast period. Increasing GDP and technological advancements are major factors fueling the demand for automotive wiring harness market globally. The automotive wiring harness is undergoing an architectural revolution, owing to increase in incorporation of electronic components in vehicles, causing the weight of wiring in a car to reach nearly 150 pounds. Rising complexity of vehicles due to integration of advanced driver assistance features and automation is further boosting the use of wiring content per vehicle. This, in turn, is driving the automotive wiring harness market.

Expansion of Automotive Wiring Harness Market

Rapid expansion of the manufacturing industry, due to a surge in the demand from consumers, presence and expansion of vehicle manufacturers, increased adoption of advanced vehicle technologies due to increase in per capita income, and increase in vehicle electrification and inclination toward minimal human efforts are boosting the automotive wiring harness market.

Based on type, the dashboard/cabin harness segment leads in the automotive wiring harness market, owing to rising adoption of infotainment systems and displays on dashboards in vehicles. Heated seats and installment of systems including active health monitoring increases usage of wiring harness in seats of the vehicle, which in turn drives the seat harness segment of the market. Based on vehicle type, the passenger vehicle segment held a significant share of the global market for automotive wiring harness. Low maintenance and better fuel combustion are estimated to further boost the adoption of automotive wiring harness during the forecast period.

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Regional Analysis of Automotive Wiring Harness Market

In terms of region, the global automotive wiring harness market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Increase in GDP and Increase in disposable income in Asia Pacific is driving the automotive market. This fuels the demand for automotive wiring harness, as modern vehicles require safety features and advanced electronic devices, which in turn propels the demand for wires and cables to be used in vehicles.

India is a major market for light vehicles in Asia Pacific, followed by China. Furthermore, government norms and regulations implemented for vehicle safety are expected to boost the demand for automotive wiring harness, as safety regulations are projected to drive installation of safety devices in vehicles, which in turn requires considerable usage of body wiring harness.

In 2018, Europe held a significant share of the global automotive wiring harness market. Presence of automobile manufacturers such as Mercedes Benz, BMW, and Audi in Europe is driving the market in the region, as it creates an exponential demand for premium passenger vehicles. These premium passenger vehicles are fitted with modern electronic devices for safety and navigation, which in turn drive the market for automotive wiring harness.

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Prominent players operating in the global automotive wiring harness market include Delphi Automotive LLP, Furukawa Electric Co. Ltd, Sumitomo Electric Industries, Ltd., Lear Corporation, THB Group, SPARK MINDA, Samvardhana Motherson Group, Nexans Autoelectric, Yazaki Corporation, Yura Corporation, Leoni Ag, Fujikura Ltd., QINGDAO SANYUAN GROUP, and PKC Group. The expansion by key players in emerging economies is likely to drive the global market for automotive wiring harness. For instance, Motherson Sumi Systems, the flagship company of Samvardhan Motherson Group, is expected to open three new production facilities in 2020. The two new plants are located in Pithampur, Madhya Pradesh, India. One of the plants at Pithampur manufactures wires, a process of backward integration, while the other manufactures wiring harness. The third plant is to be established in Chennai, India, for other auto parts.

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Cargo Shipping Market Analysis By Regional Trends, Growth Opportunities And Forecast

Cargo shipping means transportation of goods of various types through ships from one location to another. The cargo transported by ships can be of various types. Dry cargoes are common traded goods such as scrap metals, white-goods, paper, etc. that are transported by ships. Shipping cargoes are transported through large cuboidal shaped containers. Reefer cargo or refrigerated cargo means food and perishable items. They are transported through special dehumidified containers providing a temperature range from ~ -35 degrees to up to ~ +30 degrees when the ambient temperature is up to 50 degrees. Food items, rare and precious items, hazardous items such as chemicals and coffee can also be transported by ships.

The Baltic Dry Index (BDI) is an index with provides information on prices of moving raw materials or cargo by sea. The indictor is issued by London-based Baltic Exchange. The cargos that are generally shipped are electrical and electronics equipment, iron ore, diesel, petrol, fruits, drinks, solids, manufacturing raw materials, bulk cargo consisting of commodity, materials and oil.     

By cargo type the market is segmented into dry cargo, hazardous cargo, reefer cargo and over-sized cargo. By vessel type the market is segmented into less than 2,300 Twenty-foot Equivalent Unit (TEU), 2,300 – 4,000 TEU, 4,000 – 6,000 TEU, 6,000 – 8,000 TEU, 8,000 – 10,000 TEU, 10,000 – 13,000 TEU, 13,000 – 15,000 TEU, 15,000 – 18,000 TEU and more than 18,000 TEU. By industry the market is segmented into food & beverages, chemical, manufacturing, oil & gas, white-goods, etc.   

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By geography the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is a prominent cargo shipping market in the world. The U.S. is the largest market in the region. Canada and Mexico are other major market in North America. Europe is one of the largest cargo shipping market in the world. Germany, Italy, France, Spain, the U.K, Belgium, Sweden and Netherlands are major markets in Europe.

Asia Pacific is one of the largest cargo shipping market in the world. China which is one of the largest exporter in the world is the largest market for cargo shipping in the Asia Pacific region. Japan, India, South Korea and Australia are other major markets in Asia Pacific. Middle East and Africa is a significant cargo shipping market led by Iran, Saudi Arabia, Turkey and South Africa. Latin America is another major cargo shipping market led by Brazil and Argentina. Brazil is the largest market in the region.

Rising imports of soybeans, coal and iron ore to China from Australia, Brazil, etc have not increased the shipping rates and increased the demand for cargo shipping. Due to increase in new shipping vessels, shipping prices of commodities have not increased. Growth in foreign trade agreements such as NAFTA (North Atlantic Free Trade Agreement), TPSEP (Trans-Pacific Strategic Economic Partnership) and AFTA (ASEAN Free Trade Area), etc. is increasing the demand of cargo shipping market. A restraint for cargo shipping is goods and materials transported through air. As air transport is faster than transportation by ships, the former is the preferred mode of transport for quick transportation.      

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The report mentions the diverse competitive strategies implemented by key players operating in the market to gain market share. Company profiles mention company details, market presence by geography and segments, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. The major firms operating in the market are A.P. Moller – Mærsk A/S (Denmark), Mediterranean Shipping Company SA (Switzerland), China Cosco Holdings Company Limited (China), CMA CGM S.A (France), Hapag-Lloyd AG (Germany), CEVA Logistics (the Netherlands), Panalpina Welttransport (Holding) AG (Switzerland) and Nippon Express Co. Ltd. (Japan).

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Hybrid Electric Vehicle Market Anticipated to Grow at an Impressive Rate by 2025

Hybrid electric vehicle is a combination of internal combustion engine and electric propulsion system. The electric propulsion system helps achieve either better performance or better fuel economy. There are various types of hybrid electric vehicles available in the market; hybrid electric cars is the most common type. Modern hybrid electric vehicles use regenerative brakes, a type of efficiency-improving technology, which convert kinetic energy into electric energy to recharge the batteries.

Some hybrid electric vehicles use their internal combustion engine to generate electricity, either to directly power the electric drive motor or recharge batteries. Hybrid electric vehicle's internal combustion engine is usually smaller in size as compared to a pure gasoline-burning engine. Hybrid electric vehicle shuts down its internal combustion engine when it is idle and restarts it when in need, thus reducing idle emissions.

The global hybrid electric vehicle market can be segmented into powertrain type, hybrid level, vehicle type, and region. Based on powertrain type, the market can be classified into series, parallel, and series-parallel. A series powertrain hybrid electric vehicle is akin to a battery electric vehicle in design, wherein a combustion engine powers an electric generator instead of driving the wheels. The generator charges the battery and powers the electric motor which drives the vehicle.

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Series powertrain hybrid electric vehicles are also known as range-extended electric vehicles (REEVs), since the internal combustion engine is used to power electric motor and does not directly drive the wheels.  A parallel powertrain hybrid electric vehicle is propelled by an electric motor connected to a mechanical transmission as well as an internal combustion engine. There is no separate generator in the system; therefore, whenever the operation of the generator is needed, electric motor functions as a generator. In a parallel powertrain, the vehicle does not run on pure electric mode.

A series-parallel powertrain hybrid electric vehicle can be powered by an electric motor, gasoline engine, or both. The engine and motor are designed in such a way that the vehicle can run its optimum operating range as much as possible. Series-parallel powertrain vehicles have complicated systems and are more expensive. The parallel powertrain hybrid electric vehicle segment holds major share of the hybrid electric vehicle market and is estimated to expand at highest CAGR during the forecast period, due to the system’s high fuel efficiency.

In terms of hybrid level, the hybrid electric vehicle market can be divided into micro, mild, full, and plug-in. A micro hybrid electric vehicle is integrated with an alternator/ starter that employs start/stop technology. Its typical fuel efficiency is around 10% as compared to non-hybrid vehicles. Mild hybrid electric vehicle is integrated with stronger electric components as compared to micro hybrid electric vehicles and has fuel efficiency of around 20% to 25%. Full hybrid electric vehicle is similar to mild hybrid electric vehicle; however, it is equipped with a larger alternator, electric motor, battery pack, and has around 40% to 45% fuel efficiency.

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Plug-in hybrid electric vehicle is more suitable for short trips. Its system comprises downsized combustion engine and large electrical components. Full hybrid electric vehicles holds major share of the hybrid electric vehicle market. However, plug-in hybrid electric vehicles segment is estimated to expand at a significant rate. Based on vehicle type, the hybrid electric vehicle market can be segregated into mid-luxury, SUV, luxury, and commercial. The mid-luxury hybrid electric vehicles segment holds major market share due its wide adoption in North America and Europe.

In terms of region, the hybrid electric vehicles market can be divided into North America, Europe, Middle East & Africa, Asia Pacific, and Latin America. North America holds major market share followed by Europe. New fuel emission regulations and increase in per capita income are projected to boost the hybrid electric vehicles market in these regions. However, the market in Asia Pacific is estimated to expand at a significant pace during the forecast.

Key players operating in the hybrid electric vehicle market are Ford Motor Company, Toyota, Honda Motor Company, Mahindra & Mahindra Ltd, BMW AG, Lexus, Mercedes-Benz, Infiniti, Hyundai Motor Company, General Motors, Porsche, and Volkswagen.

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Military Truck Market is Booming Worldwide with Top Key Players

Over the forecast period of 2019 to 2027, the global military truck market will show a decent CAGR (Compound Annual Growth Rate). This would translate to some worthy opportunities and improvement in the overall worth of the market.

The growth is attributable to demand for multi-purpose transportation solutions, which are also highly mobile. Besides, as worldwide, military operations show no signs of slowing, despite efforts put in the direction, the market for military equipment will see growth. To add to this, investment in technology is set o pay off with demand generated for fuel cell trucks and electric variants.

Global Military Truck Market: Competitive Landscape

The global military truck market is marked with some significant developments that are set to shape the growth trajectory over the forecast period. It is also contributing to shaping up the competitive landscape.

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The global military truck market is consolidated and prominent players in the market include Oshkosh Corporation (US), Rheinmetall AG (Germany), IVECO S.p.A., (Italy), TATRA TRUCKS A.S., (Czech Republic), Arquus (France), Textron Inc., (US), General Dynamics (US), and Mitsubishi Heavy Industries (Japan), among others.

Players are focusing on improving their products to make them more suited to the ever dynamic and varied needs if the military across the world. Thus, in order to stay ahead of their competitors, players focus on research and development as a lot depends on technology. Whoever is at the vanguard of the technology game is usually also the one ahead of the growth curve. Also, safety of data and other security measures play a crucial role in deciding who bags what kind of demand in the market.

It is important to note here that most of the players mentioned have a robust distribution system.

Global Military Truck Market: Key Trends and Drivers

The global military truck market is set to witness growth owing to factors that are paving the way for future. Some of these are outlined below. To provide a comprehensive understanding, a market report is ready to be launched soon.

• With countries trying to ramp-up efforts to secure borders, safeguarding against illegal entry of both people and contraband. Thus there is a demand for state of the art military trucks to be used in patrolling of both maritime and land borders. Additionally, countries in Europe and North America also experience porous borders and as these economies struggle in maintaining high growth figures in the economy, they want better controls on their borders.

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Military conflicts mark the century. Be it Syrian Civil War, Afghanistan’s foreign military support or border scuffles of India and Pakistan, there is always some conflict marking some part of the world. And, as a result there is a growing need of military equipment, weaponry and vehicles to beef up military strength. And, it doesn’t end here. Because, when one country invests in military strength, the neighbours do too. And, this leads to demand for arms, ammunition and everything in between. Thus, it won’t be wrong to say that this will contribute to growth of global military trucks market over the forecast period.

Global Military Truck Market: Geographical Analysis

Owing to border disputes and numerous diplomatic squabbles, North America is set to dominate the market for military trucks. Demand for military trucks and armored trucks is quite high, especially from the United States and Mexico.  Besides, now, Canadian government is also directing its energies to improving military prowess and is thus investing heavily in related to equipment, vehicles and weaponry. In 2016, the country awarded Mark Defence a USD 834 million project, wanting 1587 trucks with service support for a set period of 5 years.

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Railway Wiring Harness Market is Expected To Grow At A Steady CAGR With Top Leading Vendors

 

• Railway wiring harness is a combination of wires or electric cables utilized in trains, motors/locomotive engines, and bogies for several end-use applications. The wiring harness is built with at least two electrical end-devices.
• Increase in adoption of electronic systems in railways, such as high quality lights, screens, sound systems, HVAC, and internet (LAN) are major factors fueling the use of wiring harness in railways

Key Drivers and Restraints of Global Railway Wiring Harness Market

• Railway wiring harness is gathered and organized as one assembly and is designed to absorb shocks or vibrations
• Railway wiring harness are used in trains where wear and tear takes place, owing to the presence of sharp or unpleasant surfaces or edges
• Demand for continuous monitoring of trains has led to a majority of systems being electronically operated and integrated with the Internet for real-time data and information. Investments by OEMs to upgrade technologies is also a key factor fueling the adoption of railway wiring harness.
• Countries, such as India, Japan, and China are developing new technologies for trains to reduce the duration of the journey and make them safer. The top speeds in trains is rising consistently, owing to rapid development in technology that enhance the speed of the trains. Demand for heavy equipment and systems in fast trains is driving the global railway wiring harness market due to rapid response and secure data transfer.
• Regular maintenance and services of railway wiring harness are required in order to ensure its efficient operation. This, however, poses as a major restraint for the railway wiring harness market.

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Low Voltage Railway Wiring Harness to Witness High Demand

• Based on voltage, the global railway wiring harness market can be split into high, medium, and low
• The low voltage segment is anticipated to expand at a significant rate, due to inclusion of comfort related systems such as mobile charging ports, music systems, Wi-Fi devices, and other such applications

High-Speed Rail/Bullet Train has Significant Growth Potential

• In terms of train type, the global railway wiring harness market can be divided into high-speed rail/bullet train, light rail, and metro/monorail
• Among train types, the high-speed rail/bullet train segment is projected to witness significant growth. These are advanced railway train types that operate faster than other trains. They use an integrated system of specialized rolling stock and dedicated tracks to achieve high speed.
• Accuracy and capability to cover large geographic areas in a short time are likely to augment the growth of the high-speed rail/bullet train segment, thus boosting the railway wiring harness market expansion.

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Asia Pacific to Lead Global Railway Wiring Harness Market

• In terms of region, the global railway wiring harness market can be segmented into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Asia Pacific leads the global railway wiring harness market. High adoption rate of railway transportation for commutation in the region supplemented with growing population and its transportation demand, especially for long-distance trips, are major factors that are anticipated to boost the demand for trains, thereby driving the railway wiring harness market in the region in the near future.

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Water and Wastewater Pipes Market: Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2030

The global water and wastewater pipes market is gradually turning into a lucrative stream of investment. The growth of this market over the past decade can be attributed to the stimulus of development generated across municipal bodies and corporations. The indispensable use of water and wastewater pipes across the expanse of cities and urban centers has given a thrust to market growth. Furthermore, planning and management of infrastructure across villages has also emerged as an important trend across several regional pockets. Therefore, the global water and wastewater pipes market is attracting revenues from multiple avenues. Investments in the water and wastewater pipes market are projected to fetch favourable returns in the coming years.

Transparency Market Research (TMR), in one of its syndicate reviews, looks into the leading drivers of demand within the global water and wastewater pipes market. This market can be segmented on the basis of end-use, material type, and region. The residential sector is a stellar consumer of water pipes, and has given a thrust to the growth of market vendors.

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Global Water and Wastewater Pipes Market: Notable Developments

The need for improved drainage, sanitation, and supply systems has led to key developments within the global water and wastewater pipes market.

• The New Plymouth Wastewater Treatment Plant, built in 1984, opened its doors to visitors in the first week of November 2019. The wastewater treatment plant is amongst the most important component of the drainage and sanitation system of the region. It treats millions of cubic meters of sewage water every year, and has a dense network of pipes. Developments across this plant have been a key driver of demand within the global water and wastewater pipes market.
• Texas is at the brink of advancement in terms of developing green pastures in central regions such as Harper and Canyon lake. Green pasture owners across these areas rely on investments from administrative authorities towards sewer pipes. As the government looks to address the needs of the owners, the water and wastewater pipes market in the region is projected to thrive.

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Some of the leading vendors in the global water and wastewater pipes market are:

• Atkore International Group Inc.
• JM Eagle, Inc.
• GF Piping Systems
• Tenaris S.A
• ThyssenKrupp AG

Global Water and Wastewater Pipes Market: Growth Drivers

Approval of High-Investment Drainage Projects

Governments and municipal bodies are making seamless efforts to improve drainage and sanitation across residential, commercial, and industrial units. Several regional authorities have approved high-investment projects that focus on developing a dense network of underground pipes for supplying water. Such networks also consist of separate pipes that dispose wastewater to the desired premises. The investments made by government authorities are expected to trickle down to the global water and wastewater pipes market. Besides this, the use of sensor technologies across pipe networks has also given a thrust to market growth.

Increasing Water Consumption across Multiple Sectors

The growth of the global water and wastewater pipes market is also related to increased sale of several real-time devices such as pressure measurement meters and pumps. The success of administrative authorities and governments is largely defined by their ability to ensure a regular supply of potable water households and commercial units. Moreover, water consumption across the industrial sector also necessitates the development of proper pipelines. Henceforth, the primary requirements of all the key sectors are suggestive of the need for improved water and wastewater pipes. Availability of improved materials for manufacturing pipes has aided the growth of the global market.

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