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Automotive Hardware Market Projected to Reach US$ 100 Bn by 2029-end | FMI Reports

Global automotive hardware market is growing at a moderate rate, owing to the escalating sales of commercial vehicles. It is projected to exceed the US$ 75 Bn mark by the end of 2020.

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Automotive Hardware Market Projected to Reach US$ 100 Bn by 2029-end | FMI Reports

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  1. Automotive Hardware Market is Projected to Bring in US$ 100 Bn by 2029-end | FMI Reports Feb 2020 Report Id : REP-GB-10873 Published On : 08-Jan-2020 Category : Automotive & Transportation www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Automotive Hardware Market Analysis Global automotive hardware market is growing at a moderate rate, owing to the escalating sales of commercial vehicles. It is projected to exceed the US$ 75 Bn mark by the end of 2020. Innovative application of plastic composites and eco-friendly bioplastics will constitute an emerging trend in automotive hardware market, as indicated by a new Future Market Insights (FMI) study. The market growth is further driven by cost-effective innovations, in addition to the environmental & safety standards. "Manufacturers are taking advantage of innovations in raw materials to achieve two-fold benefits; progressing towards sustainable future and complying with the governmental guidelines for manufacturing and production. Both these factors are collectively driving the automotive hardware market towards a promising future," projects the FMI study. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Automotive Hardware Market Analysis Key Takeaways of Automotive Hardware Market Study • • Door latches continue to lead the market with about one-fifth revenue share Passenger vehicles are forecast to generate greater market revenue during the forecast period Original equipment manufacturers (OEMs) emerge as a major channel for sale for automotive hardware Investments pour in for new technologies that impart greater fuel efficiency for next- generation hardware Europe owns major market share owing to strong presence of prominent players and advancement in automotive technologies Sales of used cars is highly responsible for market growth in regions including East Asia and Europe • • • • www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Automotive Hardware Market Analysis Automotive Hardware Market - Top Growth Drivers • Compliance to stringent regulations regarding environment and safety is providing new growth dimensions to market Trends of downsizing and light-weighting are favoring automotive hardware sales Hardware customizations are generating new profitable avenues for market players, significantly contributing to market expansion High-performance and eco-friendly raw materials are aiding market expansion, through higher fuel-efficiency • • • Automotive Hardware Market - Key Restraints • Wide availability of counterfeit products is restraining sales automotive hardware sold by OEMs, thereby hindering the pace of market progress Increase in production of electric vehicles would restrict sales of some automotive hardware such as fuel flap, impacting market growth • www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Automotive Hardware Market Analysis Competition Landscape of Automotive Hardware Market Some of the prominent players in global automotive hardware market covered in the FMI study include, but are not limited to, magna International Inc., Smelting Co. Ltd., Aisin Seiki Co. Ltd., Gestamp Automocion and Dorman products. Lightweight materials, making the vehicles highly fuel efficient are employed by market players to develop fuel efficient vehicles in compliance with stringent regulations. Manufacturers are targeting profitable regions like China with cheap labor and operating costs, to expand their manufacturing bases. Innovation is the key component leveraged by automotive hardware manufacturers to create a distinguished brand image in market. Source Link: https://www.accesswire.com/576981/Automotive-Hardware-Sales-to-Cross- US-75-Bn-Mark-in-2020-Door-Latches-Continue-to-Lead-with-over-20-Market-Share- Concludes-FMI-in-New-Report www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Automotive Hardware Market Analysis Explore Extensive Coverage of FMI's Automotive & Transportation Landscape • • • Aircraft Refurbishing Market OHV Telematics Market Automated Guided Vehicle Market About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Automotive Hardware Market Analysis Contact: Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Automotive Hardware Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-as-661 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

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