Tuesday 25 October 2016

Automotive Air Filters Market Size, Analysis, Growth, Trends and Forecasts, 2012 to 2020 | Hexa Research

Automotive air filters market is likely to cross over USD 6 billion by the end of 2020.According to the new research report by Hexa Research, The growing demand of automotive industry, especially in nations like BRIC, with growth in industrialization and increase in disposable income to remain a key driving factor in the global market. Rising consumer awareness regarding health disorders that are caused due to contaminated air the car cabin is also estimated to have a positive influence on industry. Global automotive air filters segment was dominated by Cabin filters which contributed for over 50% of total market revenue in 2013.These product segment are expected to be the fastest growing product segment at an approximate CAGR over 8.5% from 2015 to 2020.Consumers’s focus towards the reducing the bad odor and reducing the health disorders caused by air pollutants inside the vehicles is estimated to increase demand for cabin filters over the forecast period.
Largest application for automotive air filters market was Passengers cars which contributed for around 51.3% of market revenue globally in 2013.With growing passenger’s cars ownerships especially in emerging markets of Brazil, India and China are likely to drive air filter demand in passenger cars. The demand for Automotive air filter is estimated to grow for two wheelers with CAGR for around 8.3% from 2015 to 2020.In 2013, Aftermarket dominated automotive filter demand contributing for total 49.1% of market revenue. Major regional market for Automotive Air filters were Asia Pacific, estimated to grow at the CAGR of around 8.4% from 2015 to 2020.
In 2013, Major Market participants were accounted for around 50% of market revenue. The market had experienced acquisitions and mergers in last few years. The market is about to move towards consolidation in upcoming years. Few leading participants operating in market are Mahle Industries, Mann + Hummel, Cummins and Affnia.


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.  

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Thursday 20 October 2016

Bearings Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research

The bearings market is primarily driven by process industries and their need to conserve energy. It is projected to generate more than USD 110 million in revenue by 2024. Technological advances and demand from oil & gas, automotive, and construction industries will lead to market growth. The fluctuating prices of steel pose a challenge for the market.

The worldwide market is segmented according to products, applications, and regions. Products encompass ball bearings, roller bearings, and others. Tapered and split bearings are 2 types of roller bearings. ‘Others’ consist of thrust, angular contact, and self-aligning ball bearings.

Ball bearings are predicted to lead the bearings market over the forecast period (2016-2024) due to its ability to reduce friction between different machine components. Deep groove bearings are simple in design and used in radial loads. They are estimated to garner huge growth in the next six years on account of being low-maintenance. Split roller bearings are used in shafts and other hard to reach locations.

Electronics, agriculture equipment & machinery, mining & construction equipment, railway & aerospace, and automotive constitute as major market applications. Demand for automotive components will trigger market demand over the next six years. Railway & aerospace sector will experience a similar growth rate on account of increasing dependency by the normal public to use these transportation modes to commute.


Regions covered under the market are North America, Latin America, Asia Pacific, MEA (Middle East & Africa), and Europe. Asia Pacific reigned over the bearings market in 2015 owing to infrastructural projects and rapid industrialization. The market will gain major demand from Western Europe, the U.S., and Japan; due to these countries adopting the latest technologies.

The market is highly competitive in nature. Timken, SKF, NTN Corporation, Schaeffler Group, and NSK Global are some of the top players operating in the bearings market. They are primarily targeting applications in which engineering and manufacturing processes give them an edge over their competition.

Companies are also investing in technology based on recent trends like wind energy. Bearings used in wind turbines will see a development creating new avenues for the market.

Browse Our Upcoming Market Reports @ https://www.hexaresearch.com/upcoming-reports

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Follow us on Linkedin : https://www.linkedin.com/company/hexa-research

Thursday 6 October 2016

Flexitanks Market Share, Size, Analysis, Growth, Industry Trends and Forecasts to 2022 - Report by Hexa Research

The worldwide flexitanks market was worth over USD 200 million in 2014. It would grow to USD 923 million by 2022. Rising export from Europe and Asia Pacific has triggered demand for bulk packaging across the globe. Rising requirement for flexible storage and portability of liquids is favoring market growth. Flexitanks offer competitive advantages that include ease of setup, foldability and portability.

They are more cost-effective as compared to ISO (International Organization for Standardization) tanks & drums. These tanks eliminate repositioning costs. Their loading and labor costs are also low. Hence they are highly preferred in case of bulk liquids for remote destinations.

The flexitanks market is segmented as per products, applications and regions. Single-trip and multi-trip are the two product categories. In 2014, single-trip disposable bladder dominated the market, contributing over 90% of the total demand. These bladders are highly cost-effective. They offer increased carriage capacity and low costs. On the other hand, multi-trip tanks bear extra costs related to repositioning and cleaning.

Applications encompass industrial products, foodstuffs, pharmaceutical goods, chemicals & oils. Foodstuffs were the leading application, with volume share exceeding 30% in 2014. Flexitanks are used to transport semi-solid and liquid foods such as edible oil, fruit concentrates, fruit juices, potable water. Those with FDA (Food & Drug Administration) approval may also be used to transfer bulk medicaments across borders.


Flexitanks are increasingly being used to transfer industrial products and oils. They are gaining popularity amongst exporters due to the environmental and economic benefits of bulk commodity shipping.

Region wise, the market is spilt into Asia Pacific, Europe, North America and MEA (Middle East & Africa). Asia Pacific led the market in 2014. It consumed over 60% of the global volumes that year. Optimistic outlook on commodity export in Indonesia, China, Thailand, India and Vietnam has been a key driver.

Europe is an important exporter of several foodstuffs and wine. Denmark, Spain and the Netherlands export fruit juices, malt extracts, olive oil, etc. European demand for flexitanks in chemicals & oil applications is growing on account of rising manufacture of chemical and industrial products in Germany and UK.

Key companies in the global flexitanks market include Trans Ocean Bulk Logistics Ltd, Environmental Packaging Technologies Inc., SIA Flexitanks Ltd., and Qingdao LAF Packaging Co. Ltd. High integration exists among distributors, manufacturers and logistics services.

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com

Wednesday 5 October 2016

Automotive HVAC Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

The global market for automotive HVAC (Heating, Ventilating, and Air Conditioning) was estimated at USD 12 billion in 2015 and is anticipated to grow at a CAGR of over 8 % over the forecast period (from 2016 to 2024). The growing production of the passenger vehicles along with the rising income levels is projected to augment the global market growth over the next few years.

Improved lifestyles and rising customer awareness about the energy-efficient products are projected to contribute towards the automotive HVAC market growth. Various technological improvements and innovations for cost-effective and efficient products are also driving the demands extensively. Negative impact on the economy of automobile fuel is likely to hinder the market growth; however, the effects of this restraint are said to decrease in the long term. The global HVAC market is categorized as applications, technologies, and regions.

The application sector involves Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), and passenger cars. The passenger cars sector dominated the market in 2015 accounting for the revenue share of over 60 %. This is mainly because of the increasing demands for passenger vehicles along with the rising sales of luxury vehicles globally. Demands in the LCV sector is anticipated to grow at a CAGR of 8 % during the estimated years.


The technologies segment comprises automatic and manual. The automatic systems sector led the automotive HVAC market in 2015 occupying over 60 % of the overall share. It is further projected to grow at a CAGR of 10 % during the forecast period. The manual systems are a common installation in budget vehicles. The advent of multi-zone systems makes it easier for vehicle manufacturers to modify and install better comfort features in their products.

Geographically, the U. S. market for automotive HVAC is expected to grow at a CAGR of over 8 % over the estimated years. The European market is also projected to boost nature-friendly technology demands in Europe due to the favorable initiatives by the government to control the energy consumption. The APAC region is expected to grow at a CAGR of 9 % over the next eight years.

Some of the major companies operating in the automotive HVAC market are Mahle Group; Denso Corp.; Hanon Systems; and Valeo S. A.


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Follow us on Linkedin : https://www.linkedin.com/company/hexa-research