Rolling Stocks Market Estimated to Record Highest CAGR by 2018 to 2027

A latest report published by Fact.MR takes into account the rolling stocks market from a global as well as local viewpoint. The rolling stocks market registered a value of US$ 59 billion in 2018. Further, the rolling stocks market is expected to grow at a CAGR of 3.3% over the forecast period 2018-2027.

In this rolling stocks market study, the following years are considered to project the market footprint:

• History Year: 2013-2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018-2027

After reading the rolling stocks market report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the growth of the global rolling stocks market.
• Analyze key regions holding significant share of the total rolling stocks market revenue.
• Study the growth outlook of the global rolling stocks market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the rolling stocks market growth.
• Investigate the recent R&D projects performed by each rolling stocks market player.

The rolling stocks market report covers the following regions:

• North America (US, Canada)
• Europe (UK, Benelux)
• CIS & Russia
• APEJ (Greater China, India)

On the basis of product type, the rolling stocks market report considers the following segments:

• Locomotives
• Passenger Coach
• Multiple Units
• Freight Wagons

On the basis of application, the rolling stocks market report includes:

• Passenger Application
• Freight Application

Prominent rolling stocks market players covered in the report contain:

• CRRC Corporation Limited
• Alstom SA
• Bombardier Transportation
• Hyundai Rotem

The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the rolling stocks market report comprehensively. In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each rolling stocks market vendor in an in-depth manner.

The rolling stocks market report answers important questions which include:

• What does the status of the rolling stocks market look like after the forecast period?
• Which region has the highest contribution to the global rolling stocks market and why?
• Which players remain at the top of the global rolling stocks market?
• What opportunities are available for the rolling stocks market players to expand their production footprint?
• Which segment has the maximum impact on the global rolling stocks market?

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Why Opt For Fact.MR?

1. Various analysis methods to deliver precise market information.
2. Digital technologies to facilitate clients with updated market solutions.
3. Multi-disciplinary approach to provide accurate insights of different industries.
4. Data collection from extensive primary and secondary research.
5. Round-the-clock availability to serve clients across the world.

Rail Gangways Market Trends, Revenue Share & Opportunity Status Analyzed during 2018 to 2028

A latest report published by Fact.MR takes into account the rail gangways market from a global as well as local viewpoint. The market size of the rail gangways market is anticipated to reach US$ 600 Mn/Bn in 2028. In region/country, the market size was valued at US$ 392.8 Mn/Bn in 2018. Further, the rail gangways market is expected to grow at a CAGR of 4.9% over the forecast period 2018-2028.

In this rail gangways market study, the following years are considered to project the market footprint:

• History Year: 2013–2017
• Base Year: 2013
• Estimated Year: 2028
• Forecast Year: 2018-2028

After reading the rail gangways market report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the growth of the global rail gangways market.
• Analyze key regions holding significant share of the total rail gangways market revenue.
• Study the growth outlook of the global rail gangways market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the rail gangways market growth.
• Investigate the recent R&D projects performed by each rail gangways market player.

The rail gangways market report covers the following regions:

• North America (US, Canada)
• Latin America (Brazil, Maxico)
• Western Europe (Germany, Italy)
• Eastern Europe (Russia, Poland)

On the basis of product type, the rail gangways market report considers the following segments:

• Single Piece Gangways
• Two Piece Gangways

Prominent rail gangways market players covered in the report contain:

• Hubner GmbH & Co. KG
• Narita Mfg. Ltd.
• Airflow Equipments (India) Pvt. Limited
• Dellner Couplers AB

The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the rail gangways market report comprehensively. In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each rail gangways market vendor in an in-depth manner.

The rail gangways market report answers important questions which include:

• What does the status of the rail gangways market look like after the forecast period?
• Which region has the highest contribution to the global rail gangways market and why?
• Which players remain at the top of the global rail gangways market?
• What opportunities are available for the rail gangways market players to expand their production footprint?
• Which segment has the maximum impact on the global rail gangways market?

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Why Opt For Fact.MR?

1. Various analysis methods to deliver precise market information.
2. Digital technologies to facilitate clients with updated market solutions.
3. Multi-disciplinary approach to provide accurate insights of different industries.
4. Data collection from extensive primary and secondary research.
5. Round-the-clock availability to serve clients across the world.

Increasing Demand for Off-Road Vehicles Expected to Support Market Growth by 2027

A latest report published by Fact.MR takes into account the off-road vehicles market from a global as well as local viewpoint. Europe is expected to collectively account for more than 40% of the global off-road vehicles market revenue in 2018. Further, the off-road vehicles market is expected to grow at a CAGR of 5.0% over the forecast period 2018-2027.

In this off-road vehicles market study, the following years are considered to project the market footprint:

• History Year: 2013 - 2027
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018 – 2027

After reading the off-road vehicles market report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the growth of the global off-road vehicles market.
• Analyze key regions holding significant share of the total off-road vehicles market revenue.
• Study the growth outlook of the global off-road vehicles market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the off-road vehicles market growth.
• Investigate the recent R&D projects performed by each off-road vehicles market player.

The off-road vehicles market report covers the following regions:

• North America (US, Canada)
• Latin America (Brazil, Mexico)
• Western Europe (Germany, Italy)
• Eastern Europe (Russia, Poland)

On the basis of application type, the off-road vehicles market report considers the following segments:

• Utility
• Sports
• Recreation
• Military

On the basis of fuel, the off-road vehicles market report includes:

• Diesel
• Gasoline
• Electric

Prominent off-road vehicles market players covered in the report contain:

• Arctic Cat Inc.
• Honda Motor Co. Ltd.
• Deere & Company
• Kawasaki Motors Corp.
• Kubota Corporationc

The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the off-road vehicles market report comprehensively. In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each off-road vehicles market vendor in an in-depth manner.

The off-road vehicles market report answers important questions which include:

• What does the status of the off-road vehicles market look like after the forecast period?
• Which region has the highest contribution to the global off-road vehicles market and why?
• Which players remain at the top of the global off-road vehicles market?
• What opportunities are available for the off-road vehicles market players to expand their production footprint?
• Which segment has the maximum impact on the global off-road vehicles market?

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Why Opt For Fact.MR?

1. Various analysis methods to deliver precise market information.
2. Digital technologies to facilitate clients with updated market solutions.
3. Multi-disciplinary approach to provide accurate insights of different industries.
4. Data collection from extensive primary and secondary research.
5. Round-the-clock availability to serve clients across the world.

Motorcycle Suspension System Market Trends, Business Strategies and Opportunities by 2028

The global motorcycle suspension system market is anticipated grow at a CAGR of 4.4% over the forecast period 2018-2028. In this motorcycle suspension system market study, the following years are considered to predict the market footprint:

• History Year: 2013-2017
• Base Year: 2013
• Estimated Year: 2028
• Forecast Year: 2018-2028

The business intelligence study of the motorcycle suspension system market covers the estimation size of the market both in terms of value (US$ 1.5 million) and volume (x units). In a bid to recognize the growth prospects in the motorcycle suspension system market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the motorcycle suspension system market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico)
• Western Europe (Germany, France)
• Eastern Europe (Russia, Poland)

The key players in the global motorcycle suspension system market report consist of

• BMW Group
• KYB Corporation
• SHOWA CORPORATION
• Gabriel India Limited

Each market player encompassed in the motorcycle suspension system market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the motorcycle suspension system market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

On the basis of product type, the global motorcycle suspension system market report covers the footprint, and consumption of the segments including

• Front Suspension
• Rear Suspension

The global motorcycle suspension system market covers the demand trends of each end user which includes

• OEM
• Aftermarket

What insights readers can gather from the motorcycle suspension system market report?

• A critical study of the motorcycle suspension system market on the basis of products, sales channel and technology.
• Learn the behavior pattern of every motorcycle suspension system market player – product launches, expansions, collaborations and acquisitions in the market currently.
• Examine and study the progress outlook of the global motorcycle suspension system landscape, which includes, revenue, production & consumption and historical & forecast.
• Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
• Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.

The motorcycle suspension system market report answers the following queries:

1. Which players hold the significant motorcycle suspension system market share and why?
2. What strategies are the motorcycle suspension system market players forming to gain a competitive edge?
3. Why region is expected to lead the global motorcycle suspension system market?
4. What factors are negatively affecting the motorcycle suspension system market growth?
5. What will be the value of the global motorcycle suspension system market by the end of 2028?

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Why Choose Fact.MR?

1. Deliver updated information on the current industry trends
2. Available 24/7 to facilitate clients with unbiased solutions
3. Embrace digital technologies to offer accurate business ideas
4. Exhaustive supply chain augmentation analysis
5. Provide reports strictly according to the requirements of the clients.

Marine Shaft Power Meter Market In-depth Analysis and Industrial Insights through 2028

The global marine shaft power meter market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each marine shaft power meter market player in a comprehensive way. Further, the marine shaft power meter market report emphasizes the adoption pattern of the marine shaft power meter across various industries.

The marine shaft power meter market report highlights the following players:

• Trelleborg Marine Systems
• Hoppe Marine GmbH
• VAF Instruments BV
• Kyma A.S.

The marine shaft power meter market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

Important regions covered in the marine shaft power meter market report include:

• North America (US, Canada)
• Europe (UK, Benelux)
• CIS & Russia
• APEJ (Greater China, India)

The marine shaft power meter market report takes into consideration the following segments by application type:

• Passenger Vessels
• Cargo Carriers
• Tankers
• Containers Ships

The marine shaft power meter market report contain the following display types:

• Analogue
• Digital

The marine shaft power meter market report offers a plethora of insights which include:

• Changing consumption pattern among individuals globally.
• Historical and future progress of the global marine shaft power meter market.
• Region-wise and country-wise segmentation of the marine shaft power meter market to understand the revenue, and growth lookout in these areas.
• Accurate Year-on-Year growth of the global marine shaft power meter market.
• Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global marine shaft power meter market.

The marine shaft power meter market report answers important questions which include:

• Which regulatory authorities have granted approval to the application of marine shaft power meter in automotive industry?
• How will the global marine shaft power meter market grow over the forecast period?
• Which end use industry is set to become the leading consumer of marine shaft power meter by 2028?
• What manufacturing techniques are involved in the production of the marine shaft power meter?
• Which regions are the marine shaft power meter market players targeting to channelize their production portfolio?

The marine shaft power meter market report considers the following years to predict the market growth:

• Historic Year: 2013-2017
• Base Year: 2013
• Estimated Year: 2028
• Forecast Year: 2018-2028

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Why Choose Fact.MR?

Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.

Lane Departure Warning System Market Projections Analyzed To Inspect Growth Trends during 2018-2027

The global lane departure warning system market is anticipated grow at a CAGR of 14.2% over the forecast period 2018-2027. In this lane departure warning system market study, the following years are considered to predict the market footprint:

• History Year: 2013-2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018-2027

The business intelligence study of the lane departure warning system market covers the estimation size of the market both in terms of value. In a bid to recognize the growth prospects in the lane departure warning system market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the lane departure warning system market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:

• North America (US, Canada)
• Latin America (Brazil, Maxico)
• Western Europe (Germany, Italy)
• Eastern Europe (Russia, Poland)

The key players in the global lane departure warning system market report consist of

• Robert Bosch GmbH
• DENSO EUROPE
• Delphi Automotive LLP
• Continental AG
• Autoliv Inc.
• Magna International Inc

Each market player encompassed in the lane departure warning system market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the lane departure warning system market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

On the basis of product type, the global lane departure warning system market report covers the footprint, and consumption of the segments including

• Alert System
• Lane Keeping System

The global lane departure warning system market covers the demand trends of sensor which includes

• Video Sensors
• Laser Sensors
• Infrared Sensors

What insights readers can gather from the lane departure warning system market report?

• A critical study of the lane departure warning system market on the basis of application, sales and products.
• Learn the behavior pattern of every lane departure warning system market player – product launches, expansions, collaborations and acquisitions in the market currently.
• Examine and study the progress outlook of the global lane departure warning system landscape, which includes, revenue, production & consumption and historical & forecast.
• Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
• Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.

The lane departure warning system market report answers the following queries:

1. Which players hold the significant lane departure warning system market share and why?
2. What strategies are the lane departure warning system market players forming to gain a competitive edge?
3. Why region is expected to lead the global lane departure warning system market?
4. What factors are negatively affecting the lane departure warning system market growth?
5. What will be the value of the global lane departure warning system market by the end of 2027?

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Why Choose Fact.MR?

1. Deliver updated information on the current industry trends
2. Available 24/7 to facilitate clients with unbiased solutions
3. Embrace digital technologies to offer accurate business ideas
4. Exhaustive supply chain augmentation analysis
5. Provide reports strictly according to the requirements of the clients

Global Heavy Duty Trucks Market to Witness Increase in Revenues by 2027

The global heavy duty trucks market is anticipated grow at a CAGR of 4.1% over the forecast period 2018-2027. In this heavy duty trucks market study, the following years are considered to predict the market footprint:

• History Year: 2013 - 2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018 – 2027

The business intelligence study of the heavy duty trucks market covers the estimation size of the market both in terms of value (US$ 56.1 Bn). In a bid to recognize the growth prospects in the heavy duty trucks market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the heavy duty trucks market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:

• North America (US, Canada)
• Latin America (Brazil, Maxico)
• Western Europe (Germany, Italy)
• Eastern Europe (Russia, Poland)

The key players in the global heavy duty trucks market report consist of

• Eicher Motors Limited
• Fiat Chrysler Automobiles
• Ford Motor Company
• Freightliner
• General Motors
• Oshkosh Corporation
• Tata Motors

Each market player encompassed in the heavy duty trucks market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the heavy duty trucks market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

On the basis of application type, the global heavy duty trucks market report covers the footprint, and consumption of the segments including

• Logistics
• Construction
• Agriculture
• Defence
• Mining

What insights readers can gather from the heavy duty trucks market report?

• A critical study of the heavy duty trucks market on the basis of fuel, applications and regions.
• Learn the behavior pattern of every heavy duty trucks market player – product launches, expansions, collaborations and acquisitions in the market currently.
• Examine and study the progress outlook of the global heavy duty trucks landscape, which includes, revenue, production & consumption and historical & forecast.
• Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
• Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.

The heavy duty trucks market report answers the following queries:

1. Which players hold the significant heavy duty trucks market share and why?
2. What strategies are the heavy duty trucks market players forming to gain a competitive edge?
3. Why region is expected to lead the global heavy duty trucks market?
4. What factors are negatively affecting the heavy duty trucks market growth?
5. What will be the value of the global heavy duty trucks market by the end of 2027?

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Why Choose Fact.MR?

1. Deliver updated information on the current industry trends
2. Available 24/7 to facilitate clients with unbiased solutions
3. Embrace digital technologies to offer accurate business ideas
4. Exhaustive supply chain augmentation analysis
5. Provide reports strictly according to the requirements of the clients

Electronic Parking Brake System Market Anticipated to Achieve High CAGR Percentages during 2018-2027

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global electric parking brake market considering 2013-2018 as the historic year and 2018–2027 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The electric parking brake market study outlines the key regions - North America, Latin America, and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Aisin Seiki Co., Ltd., Continental AG, DURA Automotive Systems, TBK Co., Ltd., Hyundai Mobis Co., Ltd., Küster Holding GmbH, etc.

The electric parking brake market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing electric parking brake?
• How does the global electric parking brake market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2027?
• What innovative products are being introduced by the players in the global electric parking brake market?
• Which regions are showing the fastest market growth?

On the basis of Vehicle Type, the electric parking brake market study consists of

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

On the basis of sale, the electric parking brake market study incorporates:

• OEM 
• Aftermarket

Crucial insights in the electric parking brake market research:

• Underlying macro- and microeconomic factors impacting the growth of the electric parking brake market.
• Basic overview of the electric parking brake, including market definition, classification, and applications.
• Scrutinization of each electric parking brake market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of electric parking brake across various industries.
• Important regions and countries offering lucrative opportunities to electric parking brake market stakeholders.

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Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.

CNG Vehicles Market Scenario Indicates Prime Trends & Growth Parameters: 2018-2027

In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global CNG vehicles market considering 2013-2018 as the historic year and 2018–2027 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The CNG vehicles market study outlines the key regions - North America, Latin America, Western Europe and Eastern Europe – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Ford Motor Company, Fiat Chrysler Automobiles, General Motors, Honda Motor Company, etc.

The CNG vehicles market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing CNG vehicles?
• How does the global CNG vehicles market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2027?
• What innovative products are being introduced by the players in the global CNG vehicles market?
• Which regions are showing the fastest market growth?

On the basis of product, the CNG vehicles market study consists of

• Dedicated Fuel Product Types
• Bi-Fuel Product Types
• Dual Fuel Product Types

On the basis of Vehicles Type, the CNG vehicles market study incorporates:

• Passenger
• Commercial

Crucial insights in the CNG vehicles market research:

• Underlying macro- and microeconomic factors impacting the growth of the CNG vehicles market.
• Basic overview of the CNG vehicles, including market definition, classification, and applications.
• Scrutinization of each CNG vehicles market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of CNG vehicles across various industries.
• Important regions and countries offering lucrative opportunities to CNG vehicles market stakeholders.

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Reasons to choose Fact.MR:

• Exhaustive research regarding the market to offer A to Z information.
• Digital technologies to provide innovative business solutions to the clients.
• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.

Global Catamaran Market to Reap Excessive Revenues by 2018 to 2027

The global catamaran market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each catamaran market player in a comprehensive way. Further, the catamaran market report emphasizes the adoption pattern of the catamaran across various industries.
The catamaran market report highlights the following players:

• Catana Group
• Robertson & Caine
• LOMOcean Design
• Grup Aresa Internaciona
• Alumarine Shipyard

The catamaran market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.
Important regions covered in the catamaran market report include:

• North America (US, Canada)
• Latin America (Brazil, Maxico)
• Western Europe (Germany, Italy)
• Eastern Europe (Russia, Poland)

The catamaran market report takes into consideration the following segments by type:

• Sailing Catamaran
• Powered Catamaran

The catamaran market report contain the following Passenger type:

• Sports
• Passenger Transport
• Cruising
• Others

The catamaran market report offers a plethora of insights which include:

• Changing consumption pattern among individuals globally.
• Historical and future progress of the global catamaran market.
• Region-wise and country-wise segmentation of the catamaran market to understand the revenue, and growth lookout in these areas.
• Accurate Year-on-Year growth of the global catamaran market.
• Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global catamaran market.

The catamaran market report answers important questions which include:

• Which regulatory authorities have granted approval to the application of catamaran in automotive industry?
• How will the global catamaran market grow over the forecast period?
• Which end use industry is set to become the leading consumer of catamaran by 2027?
• What manufacturing techniques are involved in the production of the catamaran?
• Which regions are the catamaran market players targeting to channelize their production portfolio?

The catamaran market report considers the following years to predict the market growth:

• Historic Year: 2013 - 2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018 – 2027

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Why Choose Fact.MR?
Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.

Skid Steer Loader Market Forecast Covering Growth Inclinations & Development Strategies until 2029

The new study by Fact.MR delivers key insights on the global skid steer loader market in its published report. According to the report, in terms of revenue, the global skid steer loader market is estimated to expand at a CAGR of 7.6% by value, and 6.7% by volume, over the forecast period. In order to get certifications regarding energy efficiency, construction companies are increasingly focusing on the sustainable development of projects. With construction industries needing to decrease pollution during their projects, manufacturers are shifting their focus towards the development of low-emission and more energy-efficient construction equipment, and skid-steer loader are not an exception. For example, Case Construction introduced an upgraded skid-steer loader model with improved features for end users. Construction equipment manufacturers are taking more efforts for developing energy-efficient skid-steer loader, ideal for multiple tasks such as commercial and residential construction, agricultural, mining and forestry applications, landscaping, and pushing and digging.

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Urbanization across the globe is increasing at a positive rate, especially in emerging economies such as India, which, in turn, is contributing to the growth of the construction industry. Construction activities in both, commercial and residential domains, are rising due to the increasing population and growing demand for offices, shops, houses, and other residential buildings, which is expected to drive the demand for skid steer loader, worldwide.

High Costs and Availability of Attractive Substitutes Like Compact Track Loader, to Hinder Adoption

Fact.MR opines that the designs of skid steer loader have continuously evolved with changing consumer requirements. However, improving equipment design requires heavy investments, which leads to greater expenditure, making the equipment more expensive. Hence, manufacturers face the challenge of making their products cost-effective, while improving efficiency and productivity. At the same time, technologically-advanced skid steer loader with a wider range of electronic features require professional operators who are trained and skilled. Inappropriate handling may lead to accidents, and therefore, operational and safety programs are mandatory for operators. Lack of skilled operators to handle such equipment is hampering their adoption, particularly in developing countries.

The gradual transition from using skid steer loader to compact track loader is expected to show substantial growth in the automotive market. Being a novel utility piece on job locations and material handling, automotive compact track loader are gaining a lot of attention as a relatively efficient equipment when compared with skid steer loader. Due to this, few contractors are already replacing skid steer loader with compact track loader due to their high performance and longevity. On account of the reduced size of compact track loader, it gives an advantage to operators to work in tight spaces. Moreover, skid steers offer onlu 5,000 hours before being retired, whereas, compact track loader operate for 6,000 to 8,000 hours for various applications. Based on these factors, the demand for automotive compact track loader is expected to increase over skid steer loader.

North America to Capture a Large Chunk of the Market Share by the End of the Forecast Period

The skid steer loader market is analyzed across regions such as North and Latin America, Europe, East and South Asia, Oceania, and the Middle East and Africa. On a global level, the report assesses different trends and restraints that are driving and restraining the growth of the skid steer loader market in each market segment, and offers different takeaways that prove useful for other potential market entrants in the skid steer loader market.

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North American dominance in the skid steer loader market is expected to continue, with a market share of ~50% by the end of 2029, owing to the growing demand for energy-efficient construction equipment and growing importance of skid steer loader in the masonry industry in the region. The market in North America is expected to grow at a value CAGR of 6.7% over the forecast period.

Automotive Small Motors Market Delivering Increased Demand, says a report published by Fact.MR

According to the latest Fact.MR study, the small motors market is anticipated to register a Y-o-Y growth of just over 1% in 2019 over 2018. Fact.MR finds that the increasing inclination of consumers towards compact electronic devices is sustaining the demand for small motors... However, slow traction in growth of the small motor market is expected to continue, which can be attributed in part to reluctance among industry players toward adoption of the technology. Advent of robotics and robots, which highly rely on small motors, have complemented the adoption of automation in various industries, ranging from  aerospace and manufacturing, to consumer electronics. Pivotal role of small motors in robots, in terms of efficiency and synchronizing with variations in power requirement vis-à-vis applications, has been underpinning its sales in recent years.

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There has been a marked rise in the demand for customized applications, which have been translating into the development of customized electric motors. Additionally, enhanced control and responsiveness, along with potential for producing torques in short spikes, are key properties of small motors that are expected drive its demand in the near future.

Opportunity Exists for Small Motors Manufacturers across Industries

Sales of small motors are expected to increase on account of their competency to resist drastic temperature changes, vibrations, and shock. In addition, compact size of small motors offers better volume-to-performance ratio with reduced noise levels, which is anticipated to further increase the incorporation in consumer electronic devices.

Application opportunities of small motors have increased across numerous industrial sectors, which has encouraged the players operating in the small motors industry to focus on developing motors with enhanced efficiency in terms of energy consumption and operations alike. Leading players in the market are seeking new ways for efficiency optimization, and offer products that performed beyond their warranted operational periods.

“Relatively long lifecycle of small motors offer reliability and longevity to the medical equipment, which is expected to drive their demand in the healthcare industry. Future growth prospects for small motors market remains promising in the healthcare and aerospace industries. The ongoing trend toward equipping aircraft cabins with more valuable features will create lucrative avenues of growth for the small motors market players in the near future.” says Fact.MR.

Consumer Appliances and Consumer Electronics to Hold Leading Shares in the Small Motors Market

 According to the study, consumer electronics and consumer appliances segment collectively held over half share of the small motors market in 2017. Miniaturization has a significant influence on the demand & supply side trends of consumer appliances and consumer electronics, which in turn continues to impact growth of the small motors market. Promising sales prospects of consumer electronics and appliances in the North America has meant that, demand for small motors in the region continues to remain significant. Additionally, surging focus on the development of a robust communication infrastructure in the region offers lucrative opportunities for the small motors market players in the region.

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The study finds that the vibration motors will hold a considerable share in the small motors market. With the ubiquitous visibility of smartphones, smart watches, and similar hand-held devices, there has been a notable adoption of vibration motors, which receive signal without the generation of sound. Vibration motors sales are further expected to be underpinned by the growing trend of modernization of devices, whose designs include vibration feature as an integral requirement. Fact.MR study on small motors market also provides a precise forecast of the small motors market for the period between 2017 and 2026. The small motors market is estimated to register a CAGR of 1.3% through 2026.

Global Rolling Stocks Market Insights Focusing on Primary Trends until 2027

Rolling stocks market witnessed sales of nearly 250 thousand units in 2018 and is expected to grow at a steady CAGR of 2.9% in 2019. Overall growth of the rolling stocks market can be attributed to,

• Industry titans acquiring big-ticket projects of rolling stocks
• Promotion of railway transport as a sustainable transportation mode
• Growing focus on increasing the average life of rolling stocks by predictive maintenance and remote monitoring in the services landscape
• Optimistic outlook of autonomous trains and ongoing development of compatible rolling stocks

The ongoing focus of governments to promote the railway as a sustainable mode of transportation has resulted in a growing number of tenders of new rolling stocks being procured by manufacturers. Further, with the construction of new railway roads to increase connectivity and promotion of autonomous railway, new trains are being introduced across the world’s developing economies. Developments in designs of rolling stocks compatible to autonomous train are also underway.

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“Rolling stock landscape has witnessed a steady advancement with the introduction of technological advances in manufacturing as well as repair and maintenance space. While predictive maintenance significantly improved service space, ongoing efforts to develop rolling stocks for autonomous trains is likely to maintain a profitable growth trajectory in the coming years and generation of revenues worth over US$ 59 billion in 2019,” says a senior analyst at Fact.MR.

Freight Wagons Held Half the Sales in 2018, Passenger Rolling Stocks Growing Rapidly

Fact.MR study finds that among different types of rolling stocks, freight wagons accounted for nearly half the rolling stocks sold in 2018. Freight wagons form an important connection between railway transportation and different logistics services. As railway freight transport is being embraced by national governments, efforts are underway to improve the efficiency of freight wagons. The global rail market is witnessing larger tender procurements by manufacturers to supply new and efficient fright wagons. For instance, Russia’s RM Rail signed an agreement with Iran’s MSA Company for construction of 1000 freight wagons in June 2018. Indian Railways also set out a tender for 22,000 freight wagons in June 2018. Ukrainian Railways passed a US$ 260 million tender for purchase of gondola wagons, freight wagons and self-discharging cars in January 2018.

The study reveals that sales of passenger rolling stocks are increasing at a rapid rate and expected to grow at 4.3% in 2019 over 2018. Passenger rolling stock designs have evolved significantly in a bid to accommodate evolving consumer demand for comfort and safety. In addition, introduction of new trains in the wake of promoting railway transport in emerging economies has led to a number of tenders of passenger rolling stocks.

Over 5 in 10 Rolling Stocks Found Utilization in Freight Application

Based on application, rolling stock utilization in freight application remains higher as compared to passenger application. Fact.MR shows that over 5 in 10 rolling stocks were used in freight application in 2018. As freight application of rolling stocks significantly contributes to the enhancement of economic performance and meet logistic demands, the future status quo of freight application is expected to remain steady in the coming years.

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Fact.MR study finds that APEJ continues to spearhead the global rolling stock sales and registered over 36% of the global demand in 2018 and the status-quo is expected to continue in 2018 at the growth rate of 3.3%. Emerging economies in the region are actively engaged in the development of railway infrastructure, thereby presenting lucrative opportunities for manufacturers in the coming years. Owing to favorable price points of raw materials and lower manufacturing costs, in terms of revenue generation in APEJ follows Europe. Europe is actively engaged in promoting railway decarburization and projected to sell over 75 thousand units of rolling stocks in 2019. The Fact.MR report tracks the rolling stocks market for the period 2019-2027. According to the report, the rolling stocks market is projected to grow at 3.3% CAGR through 2027.

Vocational Trucks Market Expected to Deliver Dynamic Progression until 2029

The global vocational trucks market has experienced its part of ups and downs over the past few years, and specifically during the post economic crises. Owing to the recovery in global economy, the market for vocational trucks is also expected to rise swiftly. The increasing number of construction activities across the globe has positively influenced the growth trend in the vocational trucks market. Moreover, the demand for vocational trucks is increasing due to the constant expansion of mining industry dump trucks.

According to a new Fact.MR study, the global vocational trucks market is predicted to expand at a rate of 5.3% CAGR in terms of value during the forecast period, from an historic rate of 3.4%.

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The technological innovations in the building and construction sector also drives the vocational trucks market significantly. As these technology advancements are majorly driven by environmental regulations prevailing in the economies. The technology upgradation in the vocational trucks market has increased and is expected to get a touch of automation in the near future. The rising urbanization and government initiatives towards the infrastructure have fueled the volume sales of vocational trucks worldwide.

“The vocational trucks are conventionally designed to perform special tasks like garbage collection, tree-trimming, concrete mixing and fire-fighting. These vocational trucks can be built in a customized manner on truck substructure with trailer mounted configurations. Vocational trucks are primarily used in construction & mining, specialized hauling, refuse and government segment. Increasing investment by European manufacturers to develop automated truck platooning system, which is leading the global vocational trucks market to a whole new level.” – says lead research analyst, Automotive, at Fact.MR.

The Battle of Greater Operational Footprint Prevails in Tier 1

Tier 1 players in the global vocational trucks market comprehensively focuse on integrating safety features and have operational footprints all over the globe. Companies like Daimler AG, Volkswagen Group, PACCAR Inc., AB Volvo, Hino Motors, Ltd., Liebherr Group, Navistar International Corp., ISUZU, FAW Group, CNH Industrial N.V. and TATA Motors Ltd., are among such companies, which exhibits leading position in the global vocational trucks market. The tier 2 of companies, which are not investing on vocational trucks market as their key business function account for a moderate share of the global vocational trucks business and a tier 3 players in the global vocational trucks market are regional manufacturers, which are largely based in South Asia, and are predominantly Chinese companies. In the report, the strategies followed by the companies in terms of enhancing their product portfolio, mergers and acquisitions, creating new marketing techniques, are also discussed. The associated industry overview is included to provide report audiences with a competitive view and market opportunities for a specific product type of vocational truck.

According to the recent developments, the companies involved in the manufacturing of vocational trucks are focusing on innovative and technologically advanced products to increase the efficiency, which leads to an increase in profit margins globally. Dominance of Europe region is likely to prevail in the market with around 22.7% of the global market by the end of 2019 in terms of volume sales. Among the various engine types available for vocational trucks, the diesel engines have significantly more share when compared to electronic and gas engines, which is likely to experience a substantial growth rate throughout the forecast period.

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The vocational trucks, which are being used for utility applications, which are likely to transform into electric trucks. Many manufacturers including BYD, IVECO and Mack Trucks have introduced electric refuse trucks in the vocational trucks market, whereas some other manufacturers are focused on integrating hydrogen fuel cell in the vocational trucks. Toyota and PACCER have already teamed up and unveiled numerous prototypes that will rely on hydrogen fuel cell.

Global Tail Lift Market Expectations & Growth Trends Highlighted until 2027

Fact.MR, a leading research firm, opines that the overall sales of tail lifts was pegged at more than US$ 1,000 Mn in 2018 and the global tail lift market is likely to record a strong growth during the forecast period due to transformation in the transportation and logistics infrastructure across the developed as well as developing economies. In addition, increasing adoption of automation in tail lift market along with rise in international trade are among the key trends anticipated to amplify the overall sales of tail lift over the forecast period. Currently, East Asia holds the leading share in the global tail lift market owing to presence of better technologies and infrastructure. The region is likely to witness the similar trend during forecast years emphasized by the constant demand from commercial and industrial sectors. The rising urbanization and logistics industry in developing countries like, China, India, Mexico, Indonesia and South Korea are projected to augment the growth of the global tail lift market.

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Also, automating a warehouse is among the leading trends in the industrial sector, as a majority of industries are automating a variety of processes such as delivery of goods, waste management, and loading & unloading. With the recent advancements in technologies, various manufacturing facilities are adopting automated tail lifts during transportation to improve their productivity and manufacturing efficiency. It may trigger demand for advanced tail lifts that may suit these next generation technologies in the upcoming years.

Rising Concerns about Safe Transportation of Products Are Creating Demand for Tail Lifts

 The increasing risk of goods getting damaged during transit is generating a need for a sustainable solution in the transportation and logistics industry. Various transportation service providers are analyzing various transportation risks of products to introduce appropriate tail lifts. As securing loads remains a primary concern during transportation, a majority of industries are adopting efficient tail lifts. In order to optimize procedures to secure products physically during shipping, the various industries are making use of tail lifts. These systems do not only improve the product safety, but also increase the productivity output of various manufacturing processes, thus boosting the adoption of tail lifts across industries. However, majority of tail lifts are hydraulic or pneumatic in operation, which makes them a high cost product. The cost of a tail lift may vary depending upon the type, loading capacity, application and size of tail lift. The manufacturers have to adhere to the regulatory standards and safety regulations for a tail lift, which may significantly increase the overall cost of the product.

Tail Lift Sales Remain Influenced by Regulatory Reforms

Over the historical years, many developed as well as developing countries have introduced their regulatory reforms to raise their road freight securing, ship securing and railcar securing to international standards for the protection of products. Moreover, changing end user’s expectations towards the high quality undamaged products and to deliver these, manufactures, leasing & rental companies, authorities, commercial & industrial buyers, and suppliers are likely to use highly efficient and reliable tail lifts during transportation of products. As a result, growing awareness regarding the safety and operation time span in logistics and transportation industry is likely to create enormous market opportunities in the global tail lift market over the forecast period.

Furthermore, the manufactures have to adhere to the regulations set by regulatory bodies and governments like, Whole Vehicle Type Approval (WVTA) and Lifting Operations and Lifting Equipment Regulations (LOLER). Therefore, key manufacturers such as Cargotec Corporation, Dhollandia N.V., and Anteo are focusing on manufacturing more safer and efficient tail lifts to reduce any failures and breakdown during tail lift operations.

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The Fact.MR report offers forecast of the tail lift market for the period 2019-2027. According to the report, the tail lift market is projected to record over 7% CAGR through 2027. The transportation & logistics sector continues to generate lucrative opportunities for leading industry giants to gain leading market share in the tail lift segment.

Global Skid Steer Loader Market: Key Insights and Opportunities Expected to Grow Till 2029

In order to get certifications regarding energy efficiency, construction companies are increasingly focusing on the sustainable development of projects. With construction industries needing to decrease pollution during their projects, manufacturers are shifting their focus towards the development of low-emission and more energy-efficient construction equipment, and skid-steer loader are not an exception. For example, Case Construction introduced an upgraded skid-steer loader model with improved features for end users. Construction equipment manufacturers are taking more efforts for developing energy-efficient skid-steer loader, ideal for multiple tasks such as commercial and residential construction, agricultural, mining and forestry applications, landscaping, and pushing and digging. The new study by Fact.MR delivers key insights on the global skid steer loader market in its published report. According to the report, in terms of revenue, the global skid steer loader market is estimated to expand at a CAGR of 7.6% by value, and 6.7% by volume, over the forecast period.

Urbanization across the globe is increasing at a positive rate, especially in emerging economies such as India, which, in turn, is contributing to the growth of the construction industry. Construction activities in both, commercial and residential domains, are rising due to the increasing population and growing demand for offices, shops, houses, and other residential buildings, which is expected to drive the demand for skid steer loader, worldwide.

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High Costs and Availability of Attractive Substitutes like Compact Track Loader, to Hinder Adoption

Fact.MR opines that the designs of skid steer loader have continuously evolved with changing consumer requirements. However, improving equipment design requires heavy investments, which leads to greater expenditure, making the equipment more expensive. Hence, manufacturers face the challenge of making their products cost-effective, while improving efficiency and productivity. At the same time, technologically-advanced skid steer loader with a wider range of electronic features require professional operators who are trained and skilled. Inappropriate handling may lead to accidents, and therefore, operational and safety programs are mandatory for operators. Lack of skilled operators to handle such equipment is hampering their adoption, particularly in developing countries.

The gradual transition from using skid steer loader to compact track loader is expected to show substantial growth in the automotive market. Being a novel utility piece on job locations and material handling, automotive compact track loader are gaining a lot of attention as a relatively efficient equipment when compared with skid steer loader. Due to this, few contractors are already replacing skid steer loader with compact track loader due to their high performance and longevity. On account of the reduced size of compact track loader, it gives an advantage to operators to work in tight spaces. Moreover, skid steers offer onlu 5,000 hours before being retired, whereas, compact track loader operate for 6,000 to 8,000 hours for various applications. Based on these factors, the demand for automotive compact track loader is expected to increase over skid steer loader.

North America to Capture a Large Chunk of the Market Share by the End of the Forecast Period

The skid steer loader market is analyzed across regions such as North and Latin America, Europe, East and South Asia, Oceania, and the Middle East and Africa. On a global level, the report assesses different trends and restraints that are driving and restraining the growth of the skid steer loader market in each market segment, and offers different takeaways that prove useful for other potential market entrants in the skid steer loader market.

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North American dominance in the skid steer loader market is expected to continue, with a market share of ~50% by the end of 2029, owing to the growing demand for energy-efficient construction equipment and growing importance of skid steer loader in the masonry industry in the region. The market in North America is expected to grow at a value CAGR of 6.7% over the forecast period.

Railcars Leasing Market Projected to Experience Major Revenue Boost during the Period between 2019 and 2029

Research and Development Initiatives towards Innovative Freight Wagons Will Boost the Growth of Railcar Leasing Market: A well strategized collaboration in April 2019 between DB Cargo, one of the largest rail freight companies of Europe and VTG a rolling stock leasing company has helped pioneer research that is aimed at introducing cost-efficient and energy efficient freight wagons that are set to transform the railcar leasing market. The research primarily focused on components that were not only lightweight but also time and energy saving. Digitization that enhanced the operational capability of these wagons and optimization of dispatch were the key result areas the two rail freight giants focused on. The results of the research done revealed that the new wagons consumed 3% -8% less traction energy and also lowered noise and lifecycle costs. These newly developed wagons will be added to the railcar leasing portfolio giving a stunning impetus to the growth of the railcar leasing market. Such innovations aim at reducing energy consumption, noise and cost.

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Intelligent Railcars Will Digitalize Freight Operations, Thus Bolstering the Railcar Leasing Market

The digital freight train will encompass IoT to digitalize all railcar operations. These intelligent railcars will be well connected to the entire multimodal supply chain. With the help of a wireless digital network, these new trains will offer a plethora of benefits to the railcar leasing market. Features such as digital assistance for loading and unloading, freight car management, consignment states and arrival notification will help to propel the railcar leasing market towards better and more effective asset management. Another giant leap has been manifested in tank container technology thanks to the joint venture-ship of two chemical heavyweights namely BASF and Belgian manufacturer Van Hool. The two companies have put their head together to champion tank containers that can be transported along with railcars. With an astonishing payload of approximately 66 metric tons, these new tank containers can be made mobile on any kind of railway track and also stacked on top of one another for better and more efficient storage. It is evident that such disruptive trends are not likely to abate anytime soon and are striving to enhance the efficiency, connectivity and performance of the railcar leasing market.

North American Railcar Leasing Market to Get a Jumpstart as Investing Throws Back Attractive Returns

The North American railcar leasing market is witnessing transition as more than 1.5 million railcars are seen chugging through its vast landscapes. With the market brimming with unlimited possibilities, this is perhaps the right time to be jumping onboard the investing bandwagon as the railcar leasing market is rife with potential. Investors opine that if done right, railcar leasing can offer returns up to 10% with a distinct possibility of hitting the high teens. This is primarily due to the minimal upkeep of railcars which do not require a significant amount of cosmetic maintenance. Key players are making full use of this sizeable opportunity and entering into significant partnerships with railcar manufacturers to manage and lease out fleets. For instance, Napier Park Global Capital has entered into a joint partnership with Trinity Industries Leasing Company thus proliferating this new trend. Napier Park helps out Trinity by leasing out its railcars to buyers for a minimum term of 5 to 6 years. Railcar leasing is seen as an exceptionally attractive asset as they are critical to perform all functionalities of the supply chain. The high utility value of railcars makes it attractive to manufacturers as well as industrial and agricultural firms as they all receive their raw materials in bulk form. Railcar leasing helps to keep the prices muted thus giving the railcar leasing market some stability. Since railcars are one of the easiest and most efficient way of transporting goods the industry will propel ahead.

Administrative Burdens and Financial Issues Could Impede the Growth of the Railcar Leasing Market

Fleet management of railcars whether leased or privately owned is tedious, onerous and time consuming. Railcars require periodical maintenance within the prescribed safety rules. Cash flow requirements for railcar leasing is an intricate process and often manufacturers who are new to shipping by rail must seek help from experts to flawlessly negotiate through the financial process. Besides having fleet sizing and purchase timing issues, railcars are also exorbitant in cost. Railcar leasing market is backed by strict regulations and legislations in the enforcement of its contracts which are highly in favor of the lessor. The mobility of railcars from one place to another entails the payment of car miles and switching fee besides the storage fee for undelivered goods. These factors combined could pose some serious restraints on the growth of the railcar leasing market.

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Containerization to Boost the Growth of the Railcar Leasing Market

The growing need for carrying petrochemicals and gases will give an upsurge to the demand for railcar leasing boxes. Petrochemicals and gases is expected to incur the highest revenue growth over the forecast period. Moreover, the applications of railcar leasing has expanded to the food and beverage industry where it is seeing prolific growth. The diversified food products portfolio that are being transferred and shipped through containers are creating lucrative opportunities for the growth of the market. Flatcars, Gondolas and Boxcars are the different types of railcars that are being used to ship oil, lumber and coal products and this is expected to rev up the demand for railcar leasing over the forecast period.

Global Motorcycle Market Scenario Indicates Prime Trends and Growth Parameters during 2017 to 2026 – Says Fact.MR

According to a recent study by Fact.MR, the motorcycle market is expected to witness steady growth during the 2017-2026 period with global sales of motorcycles estimated to reach nearly 40 million units in 2019. Development of enhanced safety mechanisms to safeguard drivers, coupled with improved suspension systems to add comfort continue to influence buying behavior. Additionally, improving road-traffic infrastructure is likely to aid in bolstering motorcycle market growth.

Higher fuel efficiency relative to other personal modes of communication is a key reason contributing to the surge in the demand for motorcycles over scooters and other two-wheelers. Fact.MR opines the factor augurs well for the standard motorcycles segment which is expected to hold over 60% of the motorcycle market share in 2019.

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Increasing traffic congestion and substantial rise in the population is discouraging people from purchasing motorcycles. In addition to this, millennials, who are estimated to hold the largest share in global demographics, are showing an increased preference for not purchasing or riding motorcycles. However, the factors are vital to the growth of the motorcycle rental services marketplace which, in turn, are expected to uphold motorcycle market growth. Development of sophisticated technologies such as data analytics, Internet of Things (IoT), and machine learning are allowing companies to offer novel and innovative bike rental services to consumers who are seeking affordable and temporary options for commuting.

Motorcycle manufacturers are becoming increasingly aware of the promising prospects the market holds and are investing heavily in the industry. For instance, Yamaha Motor Corp invested US$150 million in Grab, a bike rental service operational in Vietnam, Thailand, and Indonesia. As per the deal, Yamaha and Grab plan to work on making affordable motorcycle models available for people seeking to join the bike rental service. Along similar lines, BMW launched its own bike rental service in Germany, France, and Austria. The company plans to expand its services across different countries if it proves to be a success in Europe. Bike rental services are also becoming increasingly popular among millennials and offer a lucrative alternative to overcome the challenge posed by declining motorcycle sales.

Burgeoning Demand in Recreational and Leisure Activities to Bolster Market Growth

Motorcycle rides are increasingly being marketed as a form of rejuvenation and relaxation. Studies linking motorbike rides to decreased stress levels and enhanced concentration levels are further estimated to contribute to the surge in demand for motorcycles in leisure and recreational activities. Experiential traveling is gradually gaining traction and emerging as a pervasive trend driving the demand for sports motorcycles, cruisers, and adventure bikes. Additionally, the increasing use of motorcycle tours for promoting tourism in a region is expected to create a demand for motorcycles around the world.

A significant increase in recreational activities coupled with the development of lightweight and high-performance motorcycle suitable for different terrains is also fuelling the sales of adventure and touring motorcycles.

Evolving Electric Bikes to Dampen Motorcycle Sales

The gradual evolution of electric bikes is estimated to pose a threat to the motorcycle market growth. Advancements in technology, in addition to the availability of sophisticated components, for the production of electric bikes is allowing manufacturers to launch e-bikes that can offer the same acceleration as electric motorcycles. In addition, the availability of affordable e-bike models is estimated to find an extended consumer base as opposed to the expensive electric motorcycles. Furthermore, riding e-bikes does not require a license which is a vital factor drawing consumers to the electric motorcycle alternative. The inclusion of other value-added features such as ABS, superior suspension, and fat tires for better grip and handling is estimated to aid e-bikes in gaining popularity among consumers which, in turn, is expected to limit motorcycle market growth.

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The Fact.MR report tracks the motorcycle market for the period 2017-2026. According to the report, the motorcycle market is projected to grow at 3.8% CAGR through 2026.   

Minibus Market Inclinations & Development Status Highlighted for the Forecast Period between 2019 and 2029

Global value for the minibus market reached ~ US$ 8.3 Bn in 2018, as disclosed by the new research study by Fact.MR. According to the report, the minibus market is predicted to grow at a CAGR of ~3.7% in the forecast period, primarily influenced by prominent players investing in manufacturing operations in the global minibus market landscape. According to the research, an increasing center of attention on new developments and the demand for various types of commuter vehicles such as shared taxis are likely to fuel the growth of the minibus market by the end of 2029. Rise in vehicle sales and increasing level of consumer’s demand for hybrid and electric vehicles will continue to prove profitable for the global market for minibus in the coming future. 

This study underlines the key future prospects in the minibus market and finds that the market would exhibit growth at a value CAGR of ~4% in the forecast period.

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The global automotive industry is witnessing rapid growth and consumer’s demand for vehicle electrification is an emerging trend gaining widespread momentum in urban, traffic planning, and power system studies. Government authorities, particularly in developed countries, are mandating the shift from internal combustion to fully electric vehicles. Diffusion of electric vehicles significantly affects the power system’s operations, however it paves the way for a wide range of opportunities for future system developments, such as curtailing the fossil fuel dependency and emissions of environment pollutants. These benefits will continue to drive the trend of vehicle electrification in the near future, which indirectly forces manufacturers to reshape the dynamics of the global minibus market.

According to the Fact.MR, 26-35 passenger capacity minibuses are expected to account for the largest revenue share in the global minibus market, with the global value poised to reach ~ US $ 3.6 Bn by the end of 2019. Among various applications, minibuses for recreational purposes is projected to remain the most sought-after among passengers. Revenue generation for taxicab type minibus services and school minibus services is likely to remain highly attractive in the forecast period.

South Asia Foreseen to Witness More Demand for Minibuses and is Growing with ~4.8% Value CAGR over the Forecast Period.

Increasing traffic densities across the globe have resulted in an acceleration in demand for passenger vehicles. The continuous rise in the economic strength of Asia Pacific countries has made consumers in the region capable of spending more on various automotive products. North America minibus market incorporates the analysis for US and Canada, owing to the requirement for higher public transportation thus holding a significant share in the minibus market. School minibus holds almost 20% value share due to better suitability for school purposes. Moreover, advanced technology, robust design, and electrification in minibus is foreseen to showcase ample opportunities for new sales and helps market player’s amp up revenue generation in developed and developing economies.

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Fact. MR’s business perception is also focusing on innovative insights into the competitive landscape of the minibus market along with highlights of manufacturers’ differential blueprint. Key players in the minibus market will continue to draw upon R&D for offering new products in their existing portfolio. For instance, in the year 2019, Toyota Motor Corporation, a Japanese multinational automotive manufacturer, launched a new minibus Toyota Coaster 2019 with the advanced design as well as having a 2.7 L petrol engine and 4.2 L diesel engine.  Both are mated to a five-speed manual transmission and power steering, offering agility and excellent fuel economy with highest safety standards having front driver & passenger airbag and ABS. Attractive interiors and comfortable seating capacity of 23 passengers makes the Coaster unique on a global scale.

Hybrid Electric Vehicles Market to Showcase Vigorous Demand during the Period until 2029

Hybrid electric vehicles combine electric propulsion system with Internal Combustion Engine (ICE) system. These vehicles consist electric powertrain that offers better fuel economy and performance than conventional vehicles. Hybrid electric vehicles also use regenerative brakes for converting kinetic energy into electric energy. Moreover, there is no need to plug-in the batteries in hybrid electric vehicles to recharge as the batteries get recharged by regenerative braking. Key players in the hybrid electric vehicle market are focusing on providing efficient and durable batteries, as hybrid electric vehicles need frequent charging as it loses its battery power in a very short time.

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Algorithmic Trends to Step Up Fuel Efficiency in Hybrid Electric Vehicles

Newer and smarter algorithms are all set to revolutionize the fuel efficiency of hybrid electric vehicles.  Owing to these trends, the hybrid electric vehicles captured a large market share of ~ US$ 29Bn in the year 2019.

• Hybrid electric vehicles are largely dependent on an energy management system that helps them to maintain an equilibrium between the electric motor and the internal combustion engine. This helps to regulate fuel consumption and CO2 emissions.
• Many new universities are now pioneering algorithms to help do that. For instance, technical teams at several universities are developing highly nuanced algorithms that can calculate the energy consumption of a hybrid vehicle in a very optimal manner.
• This would help to enhance the fuel efficiency by at least 50% thus bolstering the demand for hybrid electric vehicles during the forecast period. Since these algorithms have been found to be highly complex, future research will focus on the reducing the computational effort of these algorithms. This will improve drivability.

Hybrid Powertrain Innovations to Spearhead Green Electrical Energy

Europe will continue to be one of the frontrunners, capturing a significant market share of ~ 16% by the end of the forecast period. Many countries in Europe have affiliated themselves with a project known as ECOCHAMPS which entails the development of hybrid vehicles that have powertrains. These are specially designed to reduce weight and volume of the vehicle and enhance efficiency.  As a result, the parallel hybrid powertrains will continue to see profitable growth over the forecast period.

• The ECOCHAMPS project was created to improve powertrain efficiency by 20% or more, thereby reducing the cost of the hybrid vehicles.
• The new and improved hybrid powertrains under the ECOCHAMPS project will have zero emissions capability especially in urban areas and will have access to locally produced green electrical energy.
• The vehicles developed under this project will have a few commonalities namely – a highly efficient combustion engine, the right sized batteries and e-motor.
• This would drastically improve the air quality of the environment and enable users to incur considerable cost savings.
• With improved functionalities, they will give a lot of flexibility to users and serve as a stepping stone in the introduction of hybrid electric vehicles in the global market space.

Hybrid Electric Vehicle Manufacturers to Get a Jump Start with Innovative Technology in Fluids

Key market players are rushing to reach the finish line by innovating a broad line of fluids and lubricants for the electric and hybrid electric fleet of cars. For instance, Total is massively consolidating its position by introducing a range of fluids that are specially designed for electric and hybrid vehicles. Total’s research and development teams are all geared up to meet the cooling and lubrication needs of these modern and differently abled engines. This is done to ensure that they maintain their peak condition throughout the engine’s lifecycle. Their new product line consists of an eclectic mix such as Total Quartz EV fluid and Total Rubia EV fluid for a wide range of hybrid and electric vehicles.

These dynamic fluids help to fulfill myriad applications such as boosting dielectric properties of the engine, compatibility with new electric components, lubrication for transmission and a solution for temperature constraints. These enhanced lubricant solutions for hybrid and electric vehicles will create incremental opportunities for the key stakeholders in the hybrid electric vehicles market space.

Refillable Batteries to Offset Car Range Anxiety

Refillable batteries are all set to promulgate an era of enhanced mobility. Hybrid electric vehicles induce considerable anxiety amongst motorists due to the limited availability of charging stations and range limitations. This can now be offset with scientists working on refillable or flow batteries that can be refueled in minutes at any gas station.

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Flow batteries, experts opine, will transform electric vehicles and obviate range anxiety. Most gas stations under this new technology will be retrofitted to pump in battery liquid for the refillable battery instead of gasolines. These flow batteries will work on the premise of a reaction between the ends of the battery and the electrolyte. Scientists are also harnessing a way by which the electrolyte can be recycled. While this technology will revolutionize the growth of the hybrid electric vehicles market, the high cost and battery reliability will be some of the obstacles to overcome. The report also profiles companies that are expected to remain active in the expansion of global hybrid electric vehicles market through 2022, which include Bayerische Motoren Werke AG, Nissan Motor Corporation, Limited, Honda Motor Company, Limited, Volkswagen AG, Toyota Motor Corporation, Tesla Motors, Inc., Renault SA, Mitsubishi Heavy Industries Ltd, Ford Motor Company, General Motors, and Daimler AG.