Automotive Axle Market 2027 Share | Latest Regions, Revenue, Drivers, Trends and Influence Factors

Global Automotive Axle Market Report 2027 size is projected to be USD 64.79 billion by 2027, as per a new report by Million Insights. The market is estimated to expand at a CAGR of 1.1% over the forecast duration. Rising demand for hybrid and luxury vehicles along with long-sized trailers are attributing to the growth of the market. Additionally, increasing demand for lift axle from heavy commercial vehicles to get better fuel efficiency is likely to drive the market growth.

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Market Synopsis of Automotive Axle Market:

The rapid rise in e-commerce industry has resulted in the need for efficient road freight transport, thereby; long trailers are gaining significant traction in the transport industry. Long trailers are capable of transporting goods over a long distance, thus, proving to be cost-efficient for logistics providers. For even distribution of load, these trailers are equipped with six axles.

Rising demand for all-wheel-drive vehicle coupled with increasing overall vehicle production is supplementing the growth of the market. Over the past few years, the demand for the all-wheel-drive vehicle is gaining traction in countries such as Japan, U.S, China and European countries. Around two-thirds of all trucks and over 10% cars that were sold in the U.S were all-wheel drive in 2017. Further, increasing demand for commercial vehicles in Europe and North America is predicted to bode well for the growth of the automotive axle market.

APAC is expected to provide a lucrative opportunity for the market players in the next few years. The growing number of automotive production in 2018 in India and China is driving the growth of the region. China produced more than 23% of the vehicle of total production worldwide. Further, APAC is the home of established manufacturers such as Somboon Advance Technology Public Co. Ltd, Korea Flange Co. Ltd and Hyundai Transys, Inc., These players supply axle to some of the leading OEMs such as Toyota, ISUZU, Mitsubishi, Hyundai, GE and Kia among others.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-automotive-axle-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Automotive Axle: Market Variables, Trends & Scope              

Chapter 4 Automotive Axle: Product Estimates & Trend Analysis

Chapter 5 Automotive Axle: Application Estimates & Trend Analysis

Chapter 6 Automotive Axle: End-use Estimates & Trend Analysis

Chapter 7 Automotive Axle: Industrial End-use Estimates & Trend Analysis

Chapter 8 Automotive Axle: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Automotive Axle: Manufacturers Company Profiles

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All-terrain Vehicle Market 2025 Price Trend | Opportunities, Demand, Size Estimation and Opportunities

Global All-terrain Vehicle Market Report 2025 size is projected to touch USD 4.8 billion by the end of the forecast year 2025, as per a new report published by Million Insights. It is estimated that the market would exhibit a CAGR of 3.1% from 2019 to 2025. The increasing number of off-road terrain, trails and development of parks for recreational purpose are attributing to the growth of the market. Further, government initiatives aimed at enhancing tourism by developing various adventurous terrains is predicted to bode well for the growth of the market.

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Market Synopsis of All-terrain Vehicle Market:

Increasing attraction towards off-road racing and advertisements are positively affecting the market growth. For example, in January 2019, the Desert Series Pro ATV organized a championship and it attracted ATV enthusiasts and off-road vehicles. Additionally, increasing financial support for such events is spurring their growth.

Increasing purchasing power in emerging countries such as India and China has resulted in a rise in the use of ATVs for various applications including recreational and agriculture. For example, per capita income in India was upped by 8% in 2017 as compared to last year while China witnessed a growth of 9% in per capita income in the same year. Increasing purchasing power has also resulted in a rise in tourism sectors. The global World Travel and Tourism Council (WTTC) reported that the growth of the travel & tourism industry was 3.9% in 2018. Increasing tourism industry is also driving the growth of recreational activities, thereby proliferating the all-terrain vehicle(ATV) market growth.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-all-terrain-vehicle-atv-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 All-terrain Vehicle: Market Variables, Trends & Scope              

Chapter 4 All-terrain Vehicle: Product Estimates & Trend Analysis

Chapter 5 All-terrain Vehicle: Application Estimates & Trend Analysis

Chapter 6 All-terrain Vehicle: End-use Estimates & Trend Analysis

Chapter 7 All-terrain Vehicle: Industrial End-use Estimates & Trend Analysis

Chapter 8 All-terrain Vehicle: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 All-terrain Vehicle: Manufacturers Company Profiles

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Car DVR Market 2025 Share | Latest Regions, Revenue, Drivers, Trends and Influence Factors

Global Car DVR Market Report 2025 size is projected to touch USD 1.84 billion by 2022 according to a new report by Million Insights, Growing focus on car safety and technological advancements in automotive manufacturing are driving the market growth. Further, the use of dash cam is gaining traction over recent years in both passenger and commercial cars.

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Market Synopsis of Car DVR Market:

Car DVRs cameras are attached to dashboard or windshield and they are used to record videos. The increasing number of road-rage and accidents are anticipated to positively affect market growth over the forecast duration. These devices collect shreds of evidence that can be produced before the court in case of any disputes.

The rise in the number of car accidents are projected to drive the installation of safety cameras as dash cams can help in vehicles surveillance in parking mode, even when the driver is absent.

However, issues associated with privacy, especially in Europe and the U.S are expected to pose a challenge for industry growth. Hackers can manipulate with vehicle security by accessing wireless data of vehicles. 

North America accounted for more than 35% of the market share in 2014 largely because of the increasing number of road accidents and growing focus on road safety. The region is further expected to maintain its dominance.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-car-dvr-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Car DVR: Market Variables, Trends & Scope              

Chapter 4 Car DVR: Product Estimates & Trend Analysis

Chapter 5 Car DVR: Application Estimates & Trend Analysis

Chapter 6 Car DVR: End-use Estimates & Trend Analysis

Chapter 7 Car DVR: Industrial End-use Estimates & Trend Analysis

Chapter 8 Car DVR: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Car DVR: Manufacturers Company Profiles

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LED Driver Market 2025 Report by Share, Trend, Global Industry Size, Price, Future Analysis

The global LED driver market size is projected to reach USD 11.31 billion by 2025 and projected to grow with a CAGR of 16.3% from 2019 to 2025, according to Million Insights. In the last decade, LED technology emerged as an energy-efficient substitute to conventional light sources which is driving their demand extensively in display and lighting segments across various industries. Traditional lighting products are replaced by LED lighting owing to their several benefits such as higher energy-efficiency, lower heat output, longer life, directionality and miniaturization.

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Market Synopsis of LED Driver Market:

Growing demand for IoT-based connected lighting solutions owing to the increasing number of smart homes in developed countries is expected to witness positive impact on market growth. In addition, governments of various countries are investing in smart city projects to improve energy-efficiency which is expected to fuel the demand for LED drivers. Constant LED driver has seen high growth from 2015 to 2018 due to its wide application for outdoor lighting along with high brightness.

The consumer electronics application segment is expected to dominate the market due to high demand for LED drivers in display panels and televisions. Several leading industry players are focusing to collaborate with other companies to offer public lighting systems across the globe with remote management for efficient maintenance and energy saving. For example, Philips Lighting N.V. collaborated with Vodafone Limited to install smart street lighting integrated with IoT based technology globally.

The demand for highly reliable and energy-efficient with lower cost and smaller system package for application in low to the mid-power range is increasing. Thus, to meet this demand, light-emitting diode driver market players are Power-Factor Correction (PFC) circuitry for higher power quality and Primary-Side Regulation (PSR) to minimize the costs. 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/led-driver-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 LED Driver: Market Variables, Trends & Scope              

Chapter 4 LED Driver: Product Estimates & Trend Analysis

Chapter 5 LED Driver: Application Estimates & Trend Analysis

Chapter 6 LED Driver: End-use Estimates & Trend Analysis

Chapter 7 LED Driver: Industrial End-use Estimates & Trend Analysis

Chapter 8 LED Driver: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 LED Driver: Manufacturers Company Profiles

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Mountain Bike Shoes Market 2025 Report by Rising Demand, Future Scope, Market Status

The global Mountain Bike Shoes Market is estimated to attain USD 802.1 million, by the end of 2025, and is anticipated to grow at a CAGR of 6.4% from 2019 to 2025, according to the latest report by Million Insights. Increasing trend of trekking, outdoor activities, and mountain biking due to rising the health benefits is mainly contributing to market growth. In addition, growing popularity of off-road and mountain biking is boosting the demand for the product. MTB footwear are designed with rigid sole and are highly flexible and comfortable.

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Market Synopsis of Mountain Bike Shoes Market:

Increasing interest among consumers for participating in marathons, mountain bike races, and gravel races is projected to propel market growth. MTB shoes are available in clipless and flat shape-based types. These shoes are also offered in SPD cleats which are used for walking, indoor cycling, and road biking.High ventilation offered by fastening shoe types such as dial system, laces, Velcro straps, and ratchet buckles is expected to increase the demand for the product in the next few years.

Increasing penetration of digital media along with high speed internet is creating awareness among consumer about the product and its benefits. Availability of all brand sat affordable price is expected to increase the growth of the online channels. Moreover, rising number of retail stores that offer cycling accessories is also bolstering the market growth.

The male segment has dominated the mountain bike shoe market with highest share. Increasing popularity of cycling especially male consumers is a key factor increasing the product demand. The female user segment is also expected to grow significantly in the next few years.

Asia Pacific is anticipated to grow at a significant rate of CAGR from 2019 to 2025. In 2018, Europe held majority of the market share, and this trend is expected continue in the next few years, due to the increased consumer spending on safety related products. North American market is anticipated to grow significantly due to the rising popularity of mountain riding, and biking in the U.S. and Canada. Increasing purchase power of consumer is also expected to boost the product demand.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/mountain-bike-shoes-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Mountain Bike Shoes: Market Variables, Trends & Scope              

Chapter 4 Mountain Bike Shoes: Product Estimates & Trend Analysis

Chapter 5 Mountain Bike Shoes: Application Estimates & Trend Analysis

Chapter 6 Mountain Bike Shoes: End-use Estimates & Trend Analysis

Chapter 7 Mountain Bike Shoes: Industrial End-use Estimates & Trend Analysis

Chapter 8 Mountain Bike Shoes: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Mountain Bike Shoes: Manufacturers Company Profiles

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.