Tuesday, 16 October 2018

Automotive Aftermarket Market Size and Industry Forecast 2025 – Shares and Strategies of Key Players


ReportBazzar has released its latest research-based report entitled ‘Automotive Aftermarket market.

Automotive aftermarket is a secondary market of the automotive sector, which involves the sale of automotive components when they need immediate replacement due to emergency situations. They can also be replaced on their regular maintenance schedules. These replacement parts are provided by either authorized providers or independent providers.
The change in customer expectations have led the automotive aftermarket players to undertake technological innovation to improve their product specifications and lower the component costs. Such initiatives drive the market. Service providers need to focus on continuous interactions with individual customers and traders of mobility solutions in order to continue adding up in the automotive aftermarket business.

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Customer satisfaction in aftermarket requires the identification of the problem areas to elevate the experience of the user mobility solutions. Furthermore, vertical and horizontal integration of new technology concepts are important to improve the efficiency and quality of the engine parts. The market could be restrained by the lack of infrastructure and technology in emerging countries.
For this study, global automotive aftermarket has been segmented based on offering, channel, vehicle age, vehicle type, and region. On the basis of offering, the market has been segmented into parts and services. Parts segment has the larger market size as, a part is an internal element of the vehicle that if crucial, needs immediate replacement. On the basis of channel, the market is segmented into authorized repair and independent repair.
Among these, independent repair has the larger market size as they offer attractive prices, improved service quality and speedy delivery along with diagnostics specialists. On the basis of vehicle age, the market is segmented into 0-4 years, 4-8 years and above 8 years. Above 8 years segment holds the largest share as the owner opts for cheaper alternatives for parts and services during this age of the vehicle. On the basis of vehicle type, the market is segmented into passenger and commercial vehicle. Passenger vehicle holds the larger share due to the rising demand of passenger cars among the population and increasing per capita income in emerging countries. On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the world.

To view the table of contents and know more details please visit: http://reportbazzar.com/reports/RBPR16102018113240120/global-automotive-aftermarket-research-report-forecast-to-2023   

Few Points – Table Of Content:

Table of Contents:
1              Executive Summary
2              Market Introduction
2.1          Definition
2.2          Scope of the Study
2.3          List of Assumptions
2.4          Market Structure
3              Research Methodology
3.1          Research Process
3.2          Primary Research
3.3          Secondary Research
3.4          Market Size Estimation
3.5          Forecast Model
3.6          Key Market Insights
4              Key Findings
5              Recommendations
5.1          Consolidation Among Parts Distributors
5.2          Digitization of channels and interfaces
5.3          Access to car-generated data
5.3.1      Deeper customer insights
5.3.2      Operational excellence.
5.3.3      Response recommendations and readiness
5.3.4      Predictive maintenance and remote on-board diagnostics.
5.3.5      New digital services.
5.4          Higher price transparency and greater diversity of supply for customers
5.4.1      Price transparency
5.4.2      Online sales
6              Market Dynamics
6.1          Drivers
6.1.1      High Quality and Low Cost
6.1.2      OEMs aggressively expanding their Aftermarket Activities

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Managed Pressure Drilling Market Pit Falls, Present Scenario and Growth Prospects from 2018 to 2025



ReportBazzar has released its latest research-based report entitled ‘Managed Pressure Drilling market.

Managed pressure drilling is the process used to control bottom hole pressure, formation fracture pressure and pore pressure in the well. The technology helps the exploration companies mitigate the risks while drilling and reduce downtime. The technology helps in determining the downhole pressure and manages the annular pressure accordingly. Managed pressure drilling system can automatically detect influxes and losses in real time. 

Rising deep-water and ultra-deepwater exploration activities is a major factor driving the growth of the global managed pressure drilling market. In 2017, Canada had about 7,550 wells drilled and the explorers required high rate of efficiency to produce oil efficiently, which is increasing the demand for the managed pressure drilling market. Drilling activities in harsh environments are growing at a substantial rate in regions, including Norwegian continental shelf and Indonesia. These factors are further driving the growth of the global managed pressure drilling market.

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For the purpose of the study the global managed pressure drilling market has been segmented by technology, tool and application. Based on technology the market has been segmented as constant bottom hole pressure, mud cap drilling, dual gradient drilling, and return flow gradient drilling. Constant bottom hole pressure segment dominated the market in 2017 and is expected to remain dominant during the forecast period as constant bottom hole pressure method is a very common technology used for almost all the drilling wells. Based on tools, the market has been segmented as rotating control device, non-return valve, and choke manifold system.

Rotating control device segment dominated the market in 2017 and is expected to hold the largest market share during the forecast period as the rotating control devices are vastly used for pressure management. Based on applications, the market is segmented as onshore and offshore. The offshore segment has been dominating the market in 2017 and is expected to remain dominant during the forecast period. The offshore application has more extensive use of managed pressure drilling techniques as recently there has been a number of offshore discoveries with the decline in crude oil resources and exploration companies looking for oilfields offshore. Based on region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

To view the table of contents and know more details please visit: http://reportbazzar.com/reports/RBPR16102018113240109/global-managed-pressure-drilling-market-research-report-forecast-till-2023   

Few Points – Table Of Content:

Table of Contents:
1              Executive Summary
2              Market Introduction
2.1          Definition
2.2          Scope of the Study
2.3          Market Structure
2.4          Key Buying Criteria
3              Research Methodology
3.1          Research Process
3.2          Primary Research
3.3          Secondary Research
3.4          Market Size Estimation
3.5          Forecast Model
3.6          List of Assumptions
4              Market Dynamics
4.1          Overview
4.2          Drivers
4.2.1      Rising deep water and ultra-deep-water exploration and drilling operations

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Reportbazzar.com is your trusted source for the most inclusive and informative assortment of market research reports designed to empower you with the latest in industry information that translates to time and cost savings for your business. We not only help you give wing to your latent business ideas but also facilitate you in taking the best informed and strategic decisions that guarantee success in your most promising business endeavors. Our intelligence database comprises of vast arrays of strategically analyzed and high-level market research reports that encompass all major industries worldwide. All the specialized research reports available at Reportbazzar.com are tailor-made to suit your every business need, no matter how diverse or demanding it is.

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Fluorochemicals Market Research, Size, Share, Analysis, Industry Demand and Forecasts Report to 2018


ReportBazzar has released its latest research-based report entitled ‘Fluorochemicals market.

The global fluorochemicals market is expected to exhibit significant growth during the forecast period, 2018-2023, due to the rising demand for refrigerants in numerous end-use industries, such as automotive, electronics, building & construction, pharmaceuticals, and food & beverage. Asia-Pacific accounted for a 43% share of the global fluorochemicals market in 2017 and is expected to show remarkable growth during the forecast period owing to the fast economic growth and less regualatory pressure in the region. North America and Europe are other major markets for fluorochemicals.

As per analysis, the global fluorochemicals market was valued at USD 25,902.7 million in 2017 and is projected to reach USD 36,755.7 million by the end of 2023. The global market is estimated to grow at a CAGR of 6.10% in terms of value and 5.60% in terms of volume.

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Rapid industrialization in developing economies, especially India, China, and South-East Asian countries, is likely to propel the demand for refrigerants during the review period. Infrastructure development, with rising residential and commercial construction such as warehouses, departmental stores, and malls, has fueled the demand for HVAC systems, which, in turn, is likely to stimulate the demand for fluorochemicals. Additionally, the increasing use of fluoropolymers in emerging applications such as water filtration and solar and photovoltaic is expected to drive market growth. Furthermore, fluorochemicals are being increasingly used in various automotive parts such as fuel hose insulations, tubing, and engines due to their thermal stability, high tensile strength, lightweight, and strong dielectric properties. The expanding automotive industry with the growing demand for hydrogen fuel cell, electric, and lightweight vehicles is likely to drive the fluorochemicals market during the review period. However, the use of refrigerants, such as CFC, HFC, and hydrochlorofluorocarbons HCFC, is subject to regulations under international treaties, such as the Montreal Protocol and the Kyoto Protocol, due to their hazardous impact on the environment and human health, which may restrain the growth of the market to some extent during the forecast period.

Based on type, fluorocarbons dominated the global market by acquiring almost 37.08% share at a dynamic CAGR of 5.90% in 2017. The HFC sub-segment held a major market share of 47.15% in 2017, among other fluorocarbons, and is projected to grow at the highest CAGR of 6.24% during the review period.

Based on application, the refrigeration segment accounted for the largest market share of 37.18% in 2017 and is projected to reach USD 14,065.0 million by the end of 2023, at the highest CAGR of 6.61%. This is mainly attributed to the growing demand from the major end-use industries such as automotive, construction, and consumer goods.
Based on end-use industry, the electrical & electronics segment held the largest market share of 32.32% in 2017 and is projected to grow at the highest CAGR of 6.65% to reach USD 12,256.40 million by 2023. This is mainly attributed to surging demand for the consumer electronics during the forecast period.
 Global Fluorochemicals Market Share, by Application, 2017 (%)

Regional Analysis

The global fluorochemicals market has been analyzed with respect to five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific held the largest market share of 43% in 2017. The regional market was valued at USD 11,187.7 million in 2017 and is expected to grow at a CAGR of 6.57% to reach USD 16,298.5 million during the review period. The region is expected to show the fastest growth during the review period. China and India were the major growth-centric countries of the region in 2017. Rapid industrialization & urbanization and the growing automotive industry is contributing to the growth of the product market.
North America held the second largest market share. The US dominated the North American market in 2017 is projected to grow at a CAGR of 5.35% whereas the Canadian market is projected to exhibit a CAGR of 5.04%.

Segmentation

The global fluorochemicals markets have been segmented by type, application, end-use industry, and region.
On the basis of type, the market has been segmented into fluorocarbons, fluoropolymers, fluoroelastomers, inorganics & specialties, elemental fluorine, and fluoropolymer additives.

Based on application, the market has been segmented into refrigeration, blowing agents, tubing, films, aluminum production, paint strippers, and others.

On the basis of end-use industry, the market has been segmented into electrical & electronics, automotive & transportation, construction, consumer goods, industrial equipment, pharmaceuticals chemical processing, and others.

On the basis of the region, the global market has been spanned across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Key Players

Some of the key players operating in the global fluorochemicals market are Gujarat Fluorochemicals Ltd (India), SRF Limited (India), Daikin Industries Ltd (Japan), Alufluor AB (Sweden), Fluorsid SpA (Italy), Halocarbon Products Corporation (US), Kureha Corporation (Japan), Arkema SA (France), DowDuPont (US), 3M (US), Solvay (Belgium), and The Chemours Company (US).

Key Findings

·         The global fluorochemicals market was valued at USD 25,902.7 million in 2017 and is estimated to reach USD 36,755.7 million at a CAGR of 6.10% during the review period from 2017 to 2023.
·         The fluorocarbons type segment emerged as the most promising, accounting for 37.15% of the global market share in 2017; it is estimated to grow at the higher CAGR of 5.90% during the review period.
·         On the basis of application, the refrigeration segment accounted for a 37% share of the global market in 2017 and is projected to be the major revenue-generating segment, registering a CAGR of 6.61% during the forecast period.
·         On the basis of end-use industry, the electrical and electronics segment accounted for a 32.15% share of the global market in 2017 and is projected to register a CAGR of 6.65% during the review period.
·         Asia-Pacific has consistently been the largest market for the past seven years, and it accounted for a 43% share of the global market in 2017.
·         The demand for refrigerants in various applications such as HVAC systems, refrigerators, and freezers are increasing on account of their superior properties such as thermal stability, chemical inertness, and resistance to oxidation.
·         With the increasing stringency of F-regulations, the demand for refrigerants with low global warming potential is rising in major end-use industries such as automotive, building and construction, and food & beverage.
·         Geographic Analysis

About Us:

Reportbazzar.com is your trusted source for the most inclusive and informative assortment of market research reports designed to empower you with the latest in industry information that translates to time and cost savings for your business. We not only help you give wing to your latent business ideas but also facilitate you in taking the best informed and strategic decisions that guarantee success in your most promising business endeavors. Our intelligence database comprises of vast arrays of strategically analyzed and high-level market research reports that encompass all major industries worldwide. All the specialized research reports available at Reportbazzar.com are tailor-made to suit your every business need, no matter how diverse or demanding it is.

Contact for more details:

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