Global Automotive Electrical Harness Market Research Report 2020

 

• Demand for automotive electrical harness is significantly high in the automobile industry, as most vehicles are equipped with an electrical system. The electrical harness provides electric power to the automotive components, which performs operations.
• Most automotive parts are driven by the electrical harness including HVAC and battery. The advance safety systems, including anti-lock brake system, are also powered by the electrical harness. The electrical harness consists of connectors, terminals, and relays that help supply electric current or power across the vehicle.

Key drivers of Automotive Electrical Harness Market

• Demand for electric vehicles and advance drive assist systems in vehicles is projected to be a key factor that drives the automotive electrical harness market. Currently, vehicles contain a high number of electronic components, which fuels the demand for wiring harness. This, in turn, is projected to boost the automotive harness market.
• Increase in demand for vehicle connectivity across the world is likely to propel the automotive electrical harness market. Lack of availability of copper is fuelling the demand for recycling of copper from discarded wiring harnesses, which in turn is estimated to boost the automotive electrical harness market. All the parameters mentioned above are estimated to boost the market.

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North America, Europe & Asia Pacific to hold prominent share of automotive electrical harness market

• North America and Europe are projected to hold significant share of the global automotive electrical harness market due to the high rate of adoption of safety features in automobiles in these regions. Canada, Mexico, and Germany have stable economic growth for the expansion of vehicle manufacturing plant which in turn is anticipated to fuel the automotive electrical harness market. Majority automotive manufacturers based in Europe and North America develop vehicles with advance electronic and safety features which in turn is likely to propel the automotive electrical harness market.

• Following Europe and North America, the automobile industry in Asia Pacific is expanding at a moderate pace. Demand for electric vehicles and advance drive assist systems in vehicles is increasing in the region. This is a key factor that is estimated to drive the automotive electrical harness market in Asia Pacific. Most developing countries from Asia Pacific including China, India, and South Korea are home to major original equipment manufacturers who are trying to integrate safety features in their vehicles. This in turn is projected to propel the automotive electrical harness market in Asia Pacific.

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Key Players Operating in Automotive Electrical Harness Market

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

• Yazaki Corporation
• Delphi Automotive
• Robert Bosch GmbH
• Lear Corporation
• Continental AG
• Sumitomo Electric Industries
• Siemens AG

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Automotive In-Wheel Motors Market to Witness Robust Expansion by 2027

The global automotive in-wheel motors market is projected to witness a substantial growth during the tenure of 2019 to 2027. The growth of the market is attributed to the growth of the automotive industry where Industry 4.0 is packing up a major pace. With the growth of the industry and automation new and advanced technologies are being implemented in the vehicles. Owing to these factors the global automotive in-wheel motors market shall grow exponentially in coming years between 2019 and 2027.

Global Automotive In-Wheel Motors Market: Competitive Analysis

The global automotive in-wheel motors market is highly competitive and has a massively fragmented scenario. This landscape of the global automotive in-wheel motors market is the result of growing number of emerging players in the market across the globe. However, due to this scenario, the new players are unable to enter the global automotive in-wheel motors market during the tenure of 2019 to 2027.

In order to overcome this scenario, the new players are resorting to strategies such as partnerships, associations, affiliations, mergers, and collaborations. With the help of these strategies, the new players can accommodate essential and much required market exposure that can help them understand the dynamics of global automotive in-wheel motors market. This further help the new players to acquire sustainability in the global automotive in-wheel motors market during the tenure of 2019 to 2027.

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On the other hand, the established players of global automotive in-wheel motors market are acquiring new businesses to ensure the dominance over the global automotive in-wheel motors market. The strategies allow the players to enhance and upgrade the production and development centers which further provide a competitive edge to the players in the global automotive in-wheel motors market during the tenure of 2019 to 2027.

Global Automotive In-Wheel Motors Market: Key Drivers

Demand for Better Propulsion in Commercial Vehicles to Drive the Growth

An automotive in-wheel engine is a fundamental piece of the transmission get together and is utilized to drive the wheel of an electric vehicle, subsequently encouraging better control. Car In-Wheel engines are utilized in every single electric vehicle, including traveler vehicles, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). Subsequently, developing creation of electric vehicles is the key factor expected to drive the global automotive in-wheel motors market during the projected time frame.

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Developing Technological Developments to Propel the Growth

The combination of smaller inverters in-wheel engines is one of the key automotive in-wheel motors market patterns which will additionally drive the market development. Electric vehicle producers are scaling back the segments to lessen weight and increment vehicle effectiveness. In accordance with this pattern, in-wheel motors market manufacturers are building structures to fuse numerous frameworks like inverters in the in-wheel motors to improve the general productivity. They are additionally joining inverters with in-wheel motors to offer a smoothed out bundle which decreases the general space taken by inverter and engine. These advancements are relied upon to additionally help the reception of car in-wheel engines. The automotive in-wheel motors market is predicted to be powered by these components, the market will develop at a staggering rate during the estimate time frame.

Global Automotive In-Wheel Motors Market: Regional Analysis

Asia Pacific is projected to hold the largest share in the global automotive in-wheel motors market. The dominance of the region is attributed to the growing number of companies that dealing with advanced security features in the vehicles. Moreover, the demand enhanced performance of the vehicles by the end users also helps Asia Pacific to hold the lion’s share in the global automotive in-wheel motors market during the tenure of 2019 to 2027.

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Automotive Plug-in Hybrid Electric Vehicle (PHEV) Market to Witness Robust Expansion by 2027

Plug-in hybrid electric vehicle (PHEV) uses an electric motor in addition to an internal combustion engine to obtain power. These vehicles can be externally recharged, which allows them to drive over extended distance. The electric motor used in PHEV helps reduce fuel consumption and produces less pollution.

Global Automotive Plug-in Hybrid Electric Vehicle (PHEV) Market: Competition Landscape

In 2018, Toyota Motor Corporation announced the launch of Corolla and Levin PHEV passenger cars in 2019. The company is also set to invest in China to boost the production of inverters, batteries, and other electric vehicle technologies. The PHEV variants of Corolla and Levin will be manufactured in China, which would the first overseas production of PHEV vehicles by Toyota Motor Corporation.

Tesla

Founded in 2003, Tesla is headquartered in Palo Alto, California, the U.S. The company is a leading manufacturer of electric vehicles and green energy solutions. The company manufactures PHEV and fully electric vehicles. Tesla is a pioneer in global electrification and a key player operating worldwide.

BMW AG

Founded in 1916, BMW AG is headquartered in Munich, Germany. The company operates through two business verticals: automotive and motorcycle. BMW AG has 31 production plants worldwide and is located in 51 countries. The company offers PHEV models such as X5, Mini Countryman, 330e, and 530e, among others. The company is investing in the development of the electric vehicle technology. BMW AG has targeted to launch 25 electric models by 2025.

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Toyota Motor Corporation

Founded in 1937, Toyota Motor Corporation is headquartered in Toyota City, Japan. The company is a leading manufacturer of vehicles worldwide. The company’s brands include Lexus, Toyota, TRD, Ranz, Daihatsu, and Gazoo Racing.

Global Automotive Plug-in Hybrid Electric Vehicle (PHEV) Market: Dynamics

Government Incentives Fueling Demand for Plug-in Hybrid Electric Vehicles

Sale of plug-in hybrid electric vehicles is largely influenced by government incentives. The sale of PHEVs has increased substantially is Europe, following the decline in car registration charges for PHEVs and taxes. The China Government is supporting the production of PHEVs by offering subsidies on electric batteries, PHEVs, and battery electric vehicles (BEVs). Other non-monetary benefits, such as access to special driving lanes and free parking have spurred the adoption of PHEVs.

Stringent Emission Norms to Drive Global Market

Automakers are manufacturing plug-in hybrid electric vehicles to meet rising emission standards. The Government of China has directed automakers to include 3%–4% production of electric vehicles in their total production in 2019–2020, thereby boosting the automotive plug-in hybrid electric vehicle (PHEV) market in China. China, India, Mexico, and Brazil are likely to revise their emission norms and reach the EURO 6 equivalent standards. Higher targets for CO2 emission are expected to fuel the adoption of plug-in hybrid electric vehicles and drive the global market.

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Global Automotive Plug-in Hybrid Electric Vehicle (PHEV) Market: Segmentation

In terms of vehicle type, the global automotive plug-in hybrid electric vehicle (PHEV) market can be segmented into:

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Based on technology, the global automotive plug-in hybrid electric vehicle (PHEV) market can be divided into:

• Series
• Parallel
• Series-Parallel

The report on the global automotive plug-in hybrid electric vehicle (PHEV) market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.

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Eyewear Market to Witness a Pronounce Growth During 2027

As per the recent TMR report, the global eyewear market was valued at US$ 155,652.3 Mn in 2018 and is forecasted to expand at a CAGR of 8.30 % from 2019 to 2027.It is estimated to reach a value of US$ 319,015.5 Mn by 2027.

In terms of geography, the global eyewear market is segmented into five major regions namely North America, Asia Pacific, Europe, South America and the Middle East and Africa. North America currently holds the lead in the global eyewear market. In the near future as well the regional market is anticipated to rise at steady pace. This due to rising disposable income of people in the region. On the basis of segments online segment to report a higher CAGR during the course of the forecast period.

Ongoing fashion trends of wearing designer eyewear has emerged as one unconventional drivers of the global eyewear market. The trend is mainly because of the changing lifestyle of the consumers owing to the rising disposable income of the consumers. The growing inclination of the consumers of towards branded eyewear products will pave way for the market to capitalize on lucrative prospect.  Siting the trend, the key players of the global market trying to lure the customer with designer and cost effective product launches. While, majority of the companies adopting product branding approach to seek customer attention.

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Increased Trend In Usage Of Contact Lenses And Sunglasses Will Create New Market Avenue

Contact lenses and sunglasses are the most comfortable daily wear which is expected to trend upward. Easy availability of the contact lenses at reasonable price is accelerating the market growth across the global level.

Increasing Investment By Eyewear Manufacturing Process Will Lead To Technical Advancements And Transition

Owing to the strong presence of multiple prominent eye wear players such as Magrabi, Signature, Fielmann, Luxottica, Safilo. Zeiss International and Essilor International, the degree of competition in the global eyewear market is high. All the players are continuously investing in current market to enhance their market presence. Luxottica and Essilor International agreed upon the investment of US$ 49 Bn merger to build a global eyewear powerhouse with annual revenue of more than US$ 16.5 bn to collaborate on eyewear business with Marcolin.

High level of fragmentation on account of presence of plethora of companies is expected to shape the competitive contours of the global eyewear market, finds Transparency Market Research (TMR). Some of the predominant players present in the global eyewear marker are Bausch & Lomb Inc., Essilor International, Luxottica Group S.p.A., Zeiss International, Marchon Eyewear and Johnson & Johnson Vision Care. Major players in the market are focusing on product innovation and acquisitions along with partnerships to expand their business.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Eyewear Market (Product Type – Spectacles (Spectacle Lenses and Spectacle Frames), Contact Lenses (Soft Contact Lenses and Rigid Contact Lenses), and Sunglasses (Polarized Sunglasses and Non-Polarized Sunglasses); Distribution Channel – Online Channel and Offline Channel) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027”.

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Christmas Tree Valves Market Expected to Witness a Sustainable Growth over 2030

The Christmas tree valves market may observe good growth across the assessment period of 2020-2030 on the back of the rising oil exploration activities around the world. These valves are often used in novel oil and gas wells where the pressure for the natural flow of oil and gas is sufficient. Advancements in automation solutions and remote monitoring are helping the global Christmas tree valves market to gain extra stars of growth.

Christmas tree valves are a structure of valves, spools, gauges, and chokes. These structures or systems look like Christmas trees and hence, they are called Christmas tree valves. They act as a connector between the under-oil well and over-oil well activities. Many times, Christmas tree valves and wellheads are considered the same but the fact is that both are different from each other. Christmas tree valves are available in manual and automatic types. They are used across onshore and offshore applications.

This Christmas tree valves market report provides information to the stakeholder through the R.O.C.K (Regional Prospects. Overview. Competitive Dimensions. Key Trends) mechanism. This mechanism covers all the major prospects that are growth-worthy for the Christmas tree valves market and helps the stakeholder to gain rock-solid insights.

The information included in this report covers a variety of factors analyzed by an expert team of researchers. The report also offers insights into the COVID-19 impact on the Christmas tree valves market and the prominent threats that the Christmas tree valves market may face between 2020 and 2030.

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Christmas Tree Valves Market: Competitive Insights

Numerous players bring immense growth prospects for the Christmas tree valves market. The market is a mix of domestic and international players. These players are involved in stiff competition. The players in the Christmas tree valves market are trying to increase their online presence due to the inclining trend of online sales. The players also invest largely in research and development activities to discover mechanisms and processes that assist in improving the quality of the Christmas tree valves.

Furthermore, the players in the Christmas tree valves market also try to keep the prices of the products low to generate additional revenues and cater to a larger consumer base. Collaborations and partnerships with distributors and vendors help manufacturers to expand their influence over the Christmas tree valves market. Some prominent participants in the Christmas tree valves market are Aker Solutions, National Oilwell Varco, Stream-Flo Industries Ltd, and General Electric.

Christmas Tree Valves Market: Key Trends

The growing investments in the crude oil sector and the increasing number of exploration activities are serving as great growth multipliers for the Christmas tree valves market. However, due to the novel coronavirus outbreak, a short lull has been observed in terms of growth. As the coronavirus-induced lockdown restrictions are being relaxed, the Christmas tree valves market is gaining considerable momentum. Even if the Christmas tree valves market may observe a downfall during the first quarter of 2020, chances of growth are ripe in the near future.

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The advantages etched to the Christmas tree valves such as prevention of blockages, controlling the injection of gas on a producing or non-producing well, and others may bring expansive growth opportunities for the Christmas tree valves market.

Christmas Tree Valves Market: Regional Prospects

Asia Pacific may generate promising growth for the Christmas tree valves market between 2020 and 2030. The increase in production facilities across various countries in the region and the availability of low-cost Christmas tree valves in China may serve as robust pillars of growth for the Christmas tree valves market.

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Homeware Market to Witness Robust Expansion by 2024

The market for homeware is on an upward growth curve and a sturdy growth rate, compounded annually, will be noted over the forecast period of 2019 to 2027, notes Transparency Market Research in its upcoming report. Over this period, new opportunities will emerge and market would reach a higher valuation. One of the most notable factors of growth in the global homeware market would be product innovation, and portfolio expansion.

Global Homeware Market: Competitors Landscape

The global homeware market is marked by presence of a large number of players that operate in its vendor landscape. These make it fragmented as well as competitive. Therefore, it does not come as a surprise that the market is experiencing a number of developments, which are a product of active measures and varied growth strategies that these players are opting for.

Some of the most renowned players in the market are:

• ARC International
• Avon Products
• Conair Corporation
• Inter Ikea Systems
• International Cookware
• Libbey, Lock & Lock
• Pacific Market International
• SEB
• The Oneida Group
• Tupperware Brands Corporation
• Zepter International

Product development holds key to growth. Other strategies that the players resort to include focusing on better design and material, investing efforts towards better marketing, and entering into strategic partnerships. The market has seen bigger players collaborate with regional and local players in order to have a stronger footing.

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Global Homeware Market:  Key Trends and Drivers

Over the assessment period of the upcoming report prepared by Transparency market Research on global homeware market, a slew of trends and drivers will be noted. These will contribute immensely to growth of market. A number of other factors would also support this growth. A glimpse into identified propellants is provided below:

• Elegant home spaces are a significant factor marking the world. And, it is not just limited to owned homes. Even among tenants, demand for elegant and aesthetic furniture, crockery, and accessories is quite high. One of the reasons behind this is improvement in taste and the fact that the new-age consumer is greatly driven by need to satisfy aesthetic appeal. This will drive the market on an upward growth trajectory over the forecast period.
• Increase in disposable income is allowing the modern consumer to decorate his home – owned or rented – in a tasteful manner. The option to rent such furniture and accessories is also paving way for growth in the market. Additionally, the growing trend of creating and maintaining instagrammable homes is also leading to people opting for exquisite refined choices being opted for. This is set to contribute immensely to global homeware market.

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Global Homeware Market:  Regional Analysis

High spending on homeware is noted in North America and Europe. This allows them to lay claim to a large share of the market. Currently, these two regional markets are witnessing high demand for exotic looking and non-harmful products. Players here are highly focused on working out effective marketing strategies, and strengthening retail as distribution channel. It is significant to note here that in Europe, as better homes and more home owners emerge, demand for homeware would grow substantially. It is also worth noting here that there is another market which will pave way to impressive growth opportunities. This is anticipated to be Asia Pacific which will see increase in demand for premium products due to increase in income.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Global Door Controller Systems Market Analysis by 2020-2027

In this technological advanced world, where work places and residential set ups all are changing drastically and adopting newer technologies, a significant growth is also seen in the door controller systems market. Mostly now all the commercial and residential building has high-tech set up and is constantly under CCTV surveillance, with such facilities the demand for door controller systems has also grown.  Moreover, in order to provide better security services and to keep a check on every entry and exist, door controller systems play a crucial role. Additionally, manufacturers provide door controller systems that use network infrastructure that helps in proper communication and transfer of information.

To unveil various growth prospects in the global door controller systems market, Transparency Market Research is coming up with its fresh report. In this report, all the major pointers adding up in the growth of this market are covered and explained with some recent examples.

Strengthens, drivers, opportunities, and threat are carefully analyzed in the report, which helps in drawing out a complete outline about the about the market and the way it can grow in the near future. Insights given in this report are projected to assist the stakeholders operating in the global door controller systems market. It helps them in taking decision that will increase their profits and expand their growth avenue in the near future.

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Global Door Controller Systems Market: Notable Developments

Producers are coming up with door controller systems that associate with the cloud framework and gives unified access security. Additionally, a few makers are incorporating alarm systems with cutting edge remote door controlling features. Such updates are upgrading the allure of door controller system producers in the global door controller system market.

Producers that are offering centralized sole solutions are likely to attract large number of customers. For example, Kisi sells whole door controller system on the organization’s site. This helps in providing secure equipment, programming, and establishment coordination administrations from a single source. Such factors increase the appeal of the door controller system maker, in this way driving the development in the global door controller system market.

Global Door Controller Systems Market: Drivers and Restraints

Globally, increasing use of advance technologies and growing need for better security and safety options are considered crucial factors driving demand in the global door controller systems market. Moreover, growing need for advanced hazards detection such as fire and gas leaks that will help in ensuring the safety of people staying at home. Significant rise in smart homes will also lead the demand for in the global door controller systems market.

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Global Door Controller Systems Market: Regional Outlook

Geographically, demand for door controller systems is growing significantly in Asia Pacific. Increasing use of advanced technologies and significant rise in providing better security solutions has made this region a leading market for door controller systems. Moreover, innovative and high-tech robberies are few there major reason for the growth of door controller systems market in this region. Besides, Asia Pacific, North America is also projected to contribute in the growth of the global door controller systems market in the coming years. Growing popularity of door controller systems for residential security and safety, and strong presence of manufacturers offering efficient and smart door controller systems are the reasons behind the growth of this market in North America. Moreover, growth of this market is also expected to be high in Latin America and the MEA region as well during the projected tenure.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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