ReleaseWire Connect

Against the background of rising sales of EVs and fuel cell cars recorded across the globe, the demand for injector nozzles is less likely to dwindle. Through technological intervention, OEMs will continue to boost their production capacity for injector nozzles as they will remain an integral part for vehicles running on IC engines. Fact.MR's report projects that in 2017, more than US$ 4.2 Bn worth of injector nozzles will be sold in the global market. Through an in-depth forecast, the report also predicts that global market for injector nozzles will expand vigorously 6.5% CAGR, reaching an estimated value of US$ 5.7 Bn by the end of 2022.

Rising presence of electronic devices is favoring the sales of automobiles. Manufacturers of passenger cars are increasing the presence of electronic devices, which is incidentally boosting the adoption of automotive relays. On an average, every vehicle available commercially will be having at least 20 automotive relays. This number is increasing for specific offerings, owing to improving compatibility of relays in boosting the vehicle's overall performance. Fact.MR's latest study on the global automotive relays market offers a forecast on how automotive relays will incur reforms due to consumer preferences, manufacturing strategies, regulations and government initiatives.

In the view of higher adoption of green technologies, OEMs are shifting their production procedures for automotive pumps. Within a couple of years, automotive pumps will be available integrated with multiple functions. While such automotive pumps will improve the performance of the vehicle, they will lower the product portfolio of pump manufacturers. The global market for automotive pumps is also expected to witness sluggish growth on the account of rising raw material prices associated with production of automotive pumps.

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.

According to a latest report published by Fact.MR, the global automotive radar market is set to reach US$ 7,260.8 Mn by 2022 up from US$ 2,000 Mn in 2017, registering a robust CAGR. As compared to other sensing technology, automotive radars show higher efficiency and functionality in extreme road conditions (extreme temperatures, critical weather and poor light). This, is turn, is supporting the rapid incorporation of automotive radar in vehicles. Automobile companies are steadily making the shift from manufacturing function-specific capabilities to developing self-driving technology, which is anticipated to increase the applicability of radar technology in the years to come.

Exhaust system is an important automotive component found in almost all modern vehicles. However, growing need for auto technologies that can address the issues of carbon emission and environmental degradation is likely to reflect on the automotive application of exhaust systems in the future. Fact.MR in its latest report reveals that the global market for exhaust systems will reach a valuation of US$ 57,504.6 Mn by 2022-end, registering steady CAGR during the forecast period (2017-2022). Factors such as growing consumer awareness and introduction of new regulatory guidelines are expected to impact the growth of the global exhaust system market over the next couple of years.

Ongoing production of commercial and regional aircraft, growing fleet size of aircraft, surging requirements for lightweight aircraft flooring, and increasing innovations in flooring technology are some factors expected to drive growth of the global aerospace floor panel market. Aircraft OEMs are focusing on making their fleets more fuel efficient, by improving engine performance and using composite materials for interiors. A recent research by Fact.MR provides an in-depth analysis of the global aerospace floor panel market for the forecast period 2017 to 2022.

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.

Provision of safety for car drivers has led towards myriad technologies over the past including basic video recording models, highly advanced dashcams comprising multiple cameras, and ability of recording locations and speeds by GPS. A recent study by Fact.MR offers key insights about the global car DVR market for automobile manufacturers and suppliers.

Modular front ends continue to enhance the design and assembly of passenger cars. Car buyers from around the world are affirming that an attractive front-end module of a car is its biggest USP. The global demand for these multipiece assemblies is expected to soar in parallel with the surging global automobile production, however, manufacturers are constantly seeking for renovated designs that render greater efficiency in automobile manufacturing. Fact.MR's recent study on the global automotive front end module market offers valuable insights for automakers that are striving to end the era of traditional front ends.