Posted on Tuesday, June 19, 2018 at 12:48 pm CDT
From commercial vehicles to passenger cars, ignition systems are indispensable components in production of automobiles. With rising demand for EVs, manufacturers of automotive ignition systems are shifting their focus from conventional ignition to electric ignition. In the long run, the costs of automotive ignition systems might become more economical, considering the technological advancements adopted by OEMs during their production. Nevertheless, losing traction of fossil fuel engines will impede the market's growth, albeit, to some extent.
Source: Factmr
Posted on Tuesday, June 19, 2018 at 12:46 pm CDT
According to a latest report by Fact.MR, the global automotive fog lights market is estimated to reach revenues worth US$ 2,130.2 Mn in 2017. The market is projected to register steady CAGR, to surpass US$ 2,500 Mn in revenues by 2022-end.
Source: Factmr
Posted on Tuesday, June 19, 2018 at 12:44 pm CDT
With a strong focus on fuel efficiency, and demand for low-rolling resistance tires, along with stringent environment regulations, the global market for automotive tires is likely to witness an upsurge in the near future. The market is also expected to benefit from increasing prevalence of green tires on the back of rapidly growing concerns associated with overflowing landfills of scrap tires, and inadequate recycling efforts. OEMs are now focusing on performance and efficiency of tires as imperative engineering parameters. Fact.MR offers a detailed analysis on the global automotive tire market in its recent research for the forecast period 2017 to 2022.
Source: Factmr
Posted on Tuesday, June 19, 2018 at 12:42 pm CDT
Apart from making the cars look better, bumpers play an instrumental role in minimizing the impact of accidents. Car manufacturers prefer automotive bumpers made from plastic and polymer materials due to their light weight, rigidity and compatibility. While manufacturing plastic bumpers, OEMs are aiming at rendering more sturdiness through the use of composite or hybrid materials such as HDPE. While traditional metal bumpers are tougher than their plastic counterparts, vehicle owners are likely to incur high costs for repairing metal bumpers upon head-on or rear-end collisions. And, since the global automotive industry reaps billions of dollars through customization needs of car owners, automotive plastic bumpers are likely to remain in vogue in the future.
Source: Factmr
Posted on Tuesday, June 19, 2018 at 12:40 pm CDT
Over-The-Counter (OTC) medicines can be purchased without a prescription from the doctor. However, OTC medicines can cause adverse effects resulting into allergic reactions, side-effects, especially in children who are being given medication for the first time. Health and wellness of children being a top priority for parents, they highly prefer prescribed medicine from doctors or pediatrics. According to some leading associations, as based on self-diagnosis and self-care decision, OTC pediatric medicines can have harmful effects, especially if a child is given more than the recommended dose. The U.S. Food and Drug Association (FDA) also warns against the use of codeine to treat pain or a cough in children younger than 12 years of age, as it can result in serious breathing problems among children. Some legally classified OTC medications are also highly addictive, hence to prevent illegal drug production, these OTC drugs are only available 'behind the counter' in a pharmacy. In most of the cases people are not aware of this kind of drugs, hence this is also hampering the growth of global OTC pediatric healthcare market.
Source: Factmr
Posted on Monday, June 18, 2018 at 10:45 am CDT
Fact.MR, in its new report, estimates the global OTC herbal and traditional medicines market to register a moderate 4.8% CAGR over the forecast period 2017 to 2022. The report anticipates revenues from the global OTC herbal and traditional medicines market to surpass US$ 30,000 Mn by 2022.
Source: Factmr
Posted on Monday, June 18, 2018 at 10:41 am CDT
A large number of people across the globe purchase OTC (over-the-counter) medicines for treating minor cough, cold or allergy related problems rather visiting the doctor. This has been a major reason behind the incessant sales of OTC cough, cold and allergy drugs. Many of the medicines for cold, cough and allergy fall under common categories of OTC. In order to ensure customer safety, healthcare regulatory bodies in some countries have even set guidelines for selling or purchasing of such medicines. Moreover, the busy lifestyle of a modern consumer make such medicines more important as consulting a doctor for every single health issue might consume a hefty amount of time.
Source: Factmr
Posted on Monday, June 18, 2018 at 10:37 am CDT
According to the latest report by Fact.MR, the global prostate cancer diagnostics market is anticipated to exhibit a steady expansion at 5.3% CAGR during the forecast period 2017 to 2022. In terms of revenues, the market is projected to reach US$ 823.5 Mn in 2017; by 2022 this number is projected to surpass US$ 1,000 Mn.
Source: Factmr
Posted on Monday, June 18, 2018 at 10:35 am CDT
Sports fishing or recreational fishing is becoming popular all over the world. One of the major reasons for the popularity of sports fishing are the efforts being carried out by various fishing associations like the American Sportfishing Association that are encouraging people to increase their participation in fishing activities by conducting various programs and events. As the popularity of recreational fishing is growing, various governments all over the world are focusing on development of the fishing activities.
Source: Factmr
Posted on Monday, June 18, 2018 at 10:33 am CDT
As the popularity of various snow sports like skiing is on a rise, the market for snow sports accessories is exhibiting a steady growth. Besides, many countries in the world are making massive investments in developing snow sports infrastructure. Due to this, there is an increased participation by people in snow sports, and more and more people are indulging in them. Moreover, governments in countries like South Korea and China are make huge investments in developing snow sports infrastructure such as ski slopes and night ski, which further aids in the expansion of the snow sports accessories market.
Source: Factmr