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Automotive Intake Manifold Market Growth 2023, Rising Trends, Global Industry Share, Demand, CAGR Status, Challenges, Future Opportunities and Forecast 2032: SPER Market Research

admin October 4, 2023 Automotive, News

An intake manifold is a part that feeds the cylinders with either air or an air/fuel mixture. These components all serve the same fundamental function and have a single input in addition to several outputs, despite the fact that their designs vary greatly depending on the application. The intake manifold joins the carburettor to the intake ports in engines using carburetors. The intake manifold joins the throttle body and intake ports in fuel-injected engines.

According to SPER market research, ‘Automotive Intake Manifold Market Size- By Vehicle Type, By Material, By Manifold Type, By Manufacturing Process, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Automotive Intake Manifold Market is predicted to reach USD 78.35 billion by 2032 with a CAGR of 5.46%.

The huge increase in global auto manufacturing is the main driver propelling the automotive intake manifold market. The strict regulations imposed by the various environmental regulatory agencies regarding low CO2 emissions and fuel conservation have compelled automotive OEMs to design prototypes that are cutting edge, consume fuel efficiently, and release the least amount of exhaust during combustion. The global market for automotive intake manifolds is being driven by all of these factors.

However, a number of constraints, including a very low rate of product replacement, variable commodity prices, fluctuating currency exchange rates, and import-export barriers, are impeding the market’s expansion.

Moreover, due to the COVID-19 infestation, there has been a drop in product consumption, which can be attributed to the government’s strategy of preserving social segregation, incarceration, and retail occupancy levels. The COVID-19 pandemic, a global public health catastrophe never before seen, had an effect on almost every industry. The consequences are anticipated to have a long-term impact on a number of end-use sectors’ expansion during the course of the projected period. Enhancing the study framework allows for the consideration of COVID-19 issues and potential solutions, as well as changes in consumer demand and behaviour, shopping patterns, supply chain rerouting, dynamics of current market forces, and key government efforts.

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Geographically, North America is anticipated to be followed by Asia-Pacific as the region with the largest air intake manifold market. The largest market for vehicle intake manifolds is China, followed by India and the United States. The market for automotive intake manifolds will experience growth due to rising population, urbanisation, industrialization, adoption of better and more innovative technologies, massive investments from international companies, and government initiatives to provide affordable, environmentally friendly vehicles. Increased vehicle production is likely to open up a wealth of options for new players in developing countries. Additionally, some of the market key players are Aisin Seiki Co. Ltd, Donaldson, Holley Performance Products, Honda Foundry Co. Ltd, Keihin Corporation, MIKUNI Corporation, Others.

Automotive Intake Manifold Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Product: Based on the Vehicle Type, Global Automotive Intake Manifold Market is segmented as; Passenger Cars, HCV, LCV, Sports Car

By Material: Based on the Material type, Global Automotive Intake Manifold Market is segmented as; Aluminium, Magnesium, Plastic/Other Composites, Iron

By Manifold Type: Based on the Type of Manifold, Global Automotive Intake Manifold Market is segmented as; Single Plane, Dual Plane, EFI, HI-RAM, Supercharger Intake

By Manufacturing Process: Based on the Manufacturing, Global Automotive Intake Manifold Market is segmented as; Injection Moulding, Casting

By Distribution Channels: Based on the Distribution Channel, Global Automotive Intake Manifold Market is segmented as; OEM, Aftermarket

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Automotive Intake Manifold Market Outlook

Russia Cold Chain Market Size- By Offering, By Logistics, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Asia Pacific Electric Bus Market Trends, Growth Opportunities, Share, Key Manufacturers, Future Challenges and Forecast 2023- 2033: SPER Market Research

admin September 28, 2023 Automotive, Business, News

A form of public transportation vehicle known as an electric bus uses electricity as its fuel rather than fossil fuels like petrol or diesel. These buses are propelled by an electric engine that is fuelled by enormous batteries that store electrical energy. Electric buses are regarded as a cleaner and more environmentally friendly mode of transportation than their conventional counterparts because they do not rely on conventional fuel sources. Additionally, compared to diesel buses, electric buses are frequently quieter, which can lessen noise pollution in urban areas. Governments and transport agencies around the world are trying to minimise their carbon footprint and improve air quality, which is why electric buses are growing in popularity in many places.

According to SPER market research, ‘Asia Pacific Electric Bus Market Size- By Vehicle Type, By Power Source Type, By Consumer- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Asia Pacific Electric Bus Market is predicted to reach USD 113.14 billion by 2033 with a CAGR of 10.78%.

The Asia-Pacific region will experience rapid urbanisation, rising environmental concerns, mandatory emission and fuel economy standards, increasing government initiatives in the form of subsidies and rebates, rising use of electric vehicles, and the replacement of heavy-duty diesel and gasoline-run buses with zero-emission buses, all of which will hasten the growth of the electric bus market. The Asia-Pacific electric bus market will also have growth prospects due to the increasing need for electrification of mass transit, technological advancements with creative transportation sector initiatives, and government banking.

However, the electric bus market will be adversely affected by changes in government incentives and legislation. For instance, the Chinese government said that it would stop funding electric buses by 2020, which could raise the price of electric buses there. Furthermore, the development of electric buses in growing nations like India is being held back by rising expenses associated with them, costly infrastructure development expenditures, and the installation of charging stations.

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Furthermore, due to a serious shortage of raw materials and other electric components, the COVID-19 epidemic has had a negative effect on electric buses in the Asia-Pacific area. The Asia-Pacific region’s market for electric buses is expected to rebound during the projected period, though, as temporary restrictions on travel and cargo have been lifted by local governments. As a result, the desired components for the manufacture of electric buses can now be transported.

Geographically, China makes up the greatest portion of the market for electric buses in the Asia-Pacific region. Additionally, some of the market key players are Anhui Ankai Automobile Industries Co. Limited, Ashok Leyland Limited, BYD Auto Co. Limited, Others.

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Asia Pacific Electric Bus Market Future Outlook

Russia Electric Cars Market Size- By Technology, By Product, By Battery, By Battery Capacity, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Saudi Arabia Freight and Logistics Market

KSA Freight and Logistics Market Trends 2023- Industry Share, Growth Drivers, Key Players, Revenue, Business Challenges, Opportunities and Future Outlook Report 2033: SPER Market Research

admin September 28, 2023 Automotive, Business, News

Transporting goods from one location or nation to another via logistics and freight is a cost-effective process. Businesses typically use goods to carry massive quantities of goods effectively throughout the world, including by truck, rail, ship, and air. There are four basic modes of freight transportation available to shippers. Land (by road), train, ocean, and air travel are the primary forms of transportation. In addition to the transportation of goods, the term “logistics” refers to a broad variety of functions, such as distribution and warehousing.

According to SPER market research, ‘Saudi Arabia Freight and Logistics Market Size– By Shipping Type, By Function, By End-Users- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Saudi Arabia Freight and Logistics Market is predicted to reach USD 41.79 billion by 2033 with a CAGR of 5.92%.

Saudi Arabia is making large investments in supply chain infrastructure to encourage trade in the Kingdom in order to achieve economic diversification as part of its “Vision 2030” plan. In order to build airports and seaports, Saudi Arabia said in 2021 that it will invest more than 500 billion riyals. The Kingdom started an initiative in 2022 to stimulate investments in supply chains going to and from the Kingdom as part of its economic diversification policy. Such investments are projected to expand the overall market expansion by offering profitable chances for the Saudi Arabian freight and logistics market.

However, in comparison to other nations, the GCC nations’ customary laws and regulations—including Saudi Arabia’s—are a little more complicated. According to the International Trade Administration, importers must present a commercial invoice, a bill of lading, and a certificate of origin to Zakat, the nation’s tax and customs division, in order to import goods into Saudi Arabia. Personal writings, books, and films are all subject to review and restriction. The “Fasah” platform clearing procedures must also be completed by importers, who must submit the required documentation and complete the customs declaration form at least 48 hours before the shipment arrives at the port of entry. The country’s imports may be restricted by such rules, which would also reduce Saudi Arabia’s demand for logistics and goods.

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Impact of COVID-19 on Saudi Arabia Freight and Logistics Market

Furthermore, the market for Freight and Logistics in Saudi Arabia was badly impacted by the extraordinary Covid-19 pandemic. The country’s need for logistics and goods drastically decreased once the lockdown was imposed and immediate limitations on cross-border trade. During the lockdown, the activities of the final consumers, including commerce, transportation, production, and retail, were impeded, which also constrained market expansion. But the e-commerce and healthcare industries saw a major increase in market activity. The healthcare industry received help from the freight and logistics business in organising the shipment of vaccinations and other medicines necessary for the treatment of Covid-19, which considerably accelerated the market’s growth.

Saudi Arabia Freight and Logistics Market Key Players:

Additionally, some of the market key players are Agility Logistics, Almajdouie Heavylift Transport, Almajdouie Logistics, SAL Logistics, Others, Others.

Saudi Arabia Freight and Logistics Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Shipping Type: Based on the Shipping Type, Saudi Arabia Freight and Logistics Market is segmented as; Airways, Railways, Roadways, Waterways.

By Function: Based on the Function, Saudi Arabia Freight and Logistics Market is segmented as; Custom clearance, Distribution, Inventory Management, Packaging, Transportation, Warehousing, Others.

By End-Users: Based on the End-Users, Saudi Arabia Freight and Logistics Market is segmented as; Banking & Financial Services, Healthcare, IT & Telecommunication, Manufacturing & Construction, Media & Entertainment, Retail, Trade & Transportation, Others.

By Region: This research also includes data for Eastern, Central, Northern, Northwest, Midwest, and Southwest Saudi Arabia.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Saudi Arabia Freight and Logistics Market Future Opportunity

Australia 3PL Market Size- By Service, By Transport, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Spare Parts Logistics Market Trends 2023- Industry Share, Revenue, Growth Drivers, Business Challenges, Key Manufacturers and Future Investment Strategies Report 2033: SPER Market Research

admin September 27, 2023 Automotive, Business, News

Spare parts logistics is the spare parts management that stores all of the parts needed to support the field. The amount of parts in such depots varies greatly based on the volume of sales and demand for repairs and maintenance. Spare parts logistics can simply deliver extra components that are available in order to meet the expectations of industries such as automobiles and manufacturing, among others. Spare parts logistics refers to a planned logistics process in which a component of a transport vehicle or delivery machine fails. The primary goal of spare part logistics is to enable the smooth and timely supply of spare parts to broken machines or equipment.

According to SPER market research, ‘Spare Parts Logistics Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Spare Parts Logistics Market is predicted to reach USD 62.54 billion by 2033 with a CAGR of 3.69%.

The growing demand from the automotive industry is driving growth in the global market for spare parts logistics. A growing number of free trade agreements with various emerging economies have increased the volume of imports and exports in the European region. Due to the multiple opportunities that European manufacturers will have to reach both developed and developing countries, the market for spare parts logistics will continue to grow.
The Spare Parts Logistics Market faces numerous challenges that must be navigated carefully in order to ensure efficient and cost-effective operations. One of the most difficult issues is managing a broad inventory of spare parts, which often consists of hundreds of distinct items with varying demand patterns. This complication might result in overstocking, understocking, or obsolete inventory, which can result in high carrying costs and service delays.

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Impact of COVID-19 on Global Spare Parts Logistics Market

The market for spare parts logistics has been greatly impacted by the COVID-19 outbreak. The interruption of global supply networks as a result of lockdowns, manufacturing closures, and transit restrictions was one of the most noticeable repercussions. Spare part distribution and procurement were delayed as a result of this disturbance, which had an impact on sectors like manufacturing, healthcare, and automotive that depend on prompt access to essential components.

Spare Parts Logistics Market Key Players:

Furthermore, The Spare Parts Logistics Market displays a variety of geographical features influenced by regional industrial environments, economic situations, and logistical infrastructure. In North America, the market gains from the use of cutting-edge technologies in the industrial industry and an emphasis on predictive maintenance and effective supply chain management. The developed market in Europe emphasizes sustainability and the concepts of the circular economy, spurring advances in the recycling and remanufacturing of spare parts. Additionally, some of the market key players are AnJi, CEVA, DB Schenker, Deutsche Post DHL, DSV, FedEx ,Kuehne+Nagel, Logwin, Ryder System, Others.

Spare Parts Logistics Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Type: Based on the Type, Global Spare Parts Logistics Market is segmented as; Ocean Freight, Inland.

By Application: Based on the Application, Global Spare Parts Logistics Market is segmented as; Aerospace, Automotive, Consumer Goods, Electronics, Healthcare, Industrial Sector, Technology Industry, Others.

By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Spare Parts Logistics Market Future Opportunity

Cherry Picker Forklift Market Size- By Type, By Lifting Capacity, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Automotive Filters Market Growth 2022, Rising Trends, Global Industry Share, Challenges, Key Manufacturers and Future opportunities and Forecast 2032: SPER Market Research

admin September 26, 2023 Automotive, News

Automotive filters are essential parts of an automobile’s engine and overall system because they improve engine performance, safeguard important parts, and guarantee the caliber of the air and fluids that move inside the car. The most popular varieties of these filters are the oil filter, air filter, and fuel filter.

In order to stop pollutants and debris from circulating and potentially harming engine components, the oil filter is in charge of extracting them from the engine’s oil.

According to SPER market research, ‘Automotive Filters Market Size- By Vehicle Type, By Filter Type, By Application, By Filter Media, By Demand – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Automotive Filters Market is predicted to reach USD 15.73 billion by 2032 with a CAGR of 3.55%.

The market is expanding as a result of increased vehicle production and the expansion of automotive filters. The adoption of automobile filters will also be influenced by the area’s rapid urbanization and rising pollution levels. The market is growing due to increased demand for a variety of vehicle filters, such as cabin, oil, fuel, and air filters. Automotive filters are commonly used to filter out dust and other air impurities in order to improve vehicle efficiency by lowering fuel consumption and increasing power output. It helps to extend the life of the car by improving airflow and preventing engine damage.

Automotive filters, which are critical to vehicle performance and environmental compliance, face a slew of issues in today’s automotive world. These include the constant need to adhere to stringent emissions regulations, the pursuit of improved fuel efficiency, the adaptation to rapid technological advancements such as electric vehicles, cost pressures, global supply chain disruptions, changing driving patterns with the introduction of autonomous vehicles, the need to raise awareness about filter maintenance among vehicle owners, and addressing recycling and environmental issues.

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Many industries noticed a decline in automobile filter manufacturing as a result of full or partial lockdown restrictions imposed across numerous nations to prevent the spread of the COVID-19 virus. Automobile filter manufacturers, workshops, and showrooms were forced to suspend production due to lockdowns. However, the market is exhibiting hopeful signs of recovery and is expected to strengthen beyond COVID as lockdown restrictions are relaxed and a greater emphasis is placed on research and development.

Furthermore, Regional variations in the global automotive filters market are shaped by a combination of economic, regulatory, and technological variables. With their well-established automobile industries and severe emissions standards, North America and Europe require high-performance filters that minimize pollutants while increasing fuel efficiency. The market in North America is impacted by a preference for larger vehicles, such as trucks and SUVs, which drives demand for heavy-duty filters. Additionally, some of the market key players are ACDelco Inc., ALCO filters, Clarcor Inc., Cummins Inc. , Denso Corporation , Donaldson Company Inc, Hollingsworth & Vose Co. Inc., Lydall Inc. , Mahle GmbH, Mann Hummel, Robert Bosch GmbH, Toyota Boshoku Corporation.

Automotive Filters Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Vehicle Type: Based on the Vehicle Type, Global Automotive Filters Market is segmented as; Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV), Passenger Car, Two-Wheeler, Off the Road (OTR).

By Filter Type: Based on the Filter Type, Global Automotive Filters Market is segmented as;

Air Filter, Brake Dust Filter, Cabin Filter, Coolant Filter, Crankcase Ventilation Filter, DPF Filter, Fuel Filter, GPF Filter, Oil Filter, Oil Separator , Steering Filter, Transmission Filter, Urea Filter.

By Application: Based on the Application, Global Automotive Filters Market is segmented as; Engine Filter, Cabin Filter.

By Filter Media: Based on the Filter Media, Global Automotive Filters Market is segmented as; Activated Carbon Media, Cellulose Media, Particulate, Synthetic Media, Others.

By Demand: Based on the Demand, Global Automotive Filters Market is segmented as; Replacement, OEM.

By Region: Passenger cars and light commercial vehicles are to blame for North America’s vast vehicle park. However, because Light Commercial Vehicle sales are so low in Asia Pacific and Europe, passenger vehicles make up the majority of the vehicle parc in those regions.

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Automotive Filters Market Outlook

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Automotive Charge Air Cooler Market Growth 2023, Share, Trends Analysis, Revenue, Key Manufacturers, Challenges, Investment Opportunities and Forecast 2032: SPER Market Research

admin September 26, 2023 Automotive, Business, IT Industry, News

An Automotive Charge Air Cooler (CAC) is a critical component in modern car engines, especially those equipped with turbochargers or superchargers. Its major role is to improve the engine’s efficiency and performance by cooling compressed air before it enters the combustion chamber. When an engine is turbocharged, the air is compressed, causing the temperature to rise. Elevated air temperatures can impair engine efficiency and increase the likelihood of detonation, resulting in a reduction in overall power output.

According to SPER market research, ‘Global Automotive Charge Air Cooler Market Size- By Vehicle Type, By Filter Type, By Application, By Filter Media, By Demand By Product Type, By Position, By Design, By Fuel Type, By Vehicle Type, By Material, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Global Automotive Charge Air Cooler Market is predicted to reach USD 6.09 billion by 2032 with a CAGR of 7.32%.

Several main drivers are driving considerable growth in the Automotive Charge Air Cooler (CAC) industry. The global automotive industry’s increased emphasis on improving fuel efficiency and lowering emissions is one of the key growth factors. Stricter environmental restrictions, as well as consumer demand for environmentally friendly automobiles, have prompted automakers to embrace turbocharging and supercharging technologies, driving demand for CACs. Furthermore, the growing trend of smaller engines with turbochargers, which deliver increased performance while sacrificing fuel efficiency, boosts the CAC market even further.

Despite these growth drivers, the Automotive Charge Air Cooler market is confronted with a number of obstacles. The necessity for constant innovation and technological breakthroughs to fulfill ever-stricter emissions rules, as well as the desire for smaller, more efficient, and lightweight CACs, is one major difficulty. These advancements necessitate large investments in research and development. Furthermore, the market is extremely competitive, with multiple producers competing for market share, resulting in pricing pressures.

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The COVID-19 epidemic had a significant impact on business. At the outset of the epidemic in China, auto production factories in Europe and the United States have been impacted by export. The shutdown of multiple large production sites and suppliers around the world highlighted one of the automotive industry’s most serious challenges. Vehicle production has declined as a result of COVID-19, and this decline is inversely related to the overall decline in the market for automotive charge air coolers. On the other hand, the pandemic is expected to help the gasoline segment outperform diesel because diesel engines are expensive and their cost is being increased by the implementation of new pollution laws, particularly in light-duty vehicles.

Furthermore, The regional study of the Automotive Charge Air Cooler (CAC) market displays a varied landscape defined by the global automotive industry’s dynamics and regional manufacturing strengths. North America is a prominent player in the CAC market, owing to the strong presence of the automobile industry in the United States and Canada. The region’s emphasis on decreasing emissions and boosting fuel efficiency in accordance with rigorous environmental requirements drives the development of CACs. Additionally, some of the market key players are AKG Group, Banco Products (India) Ltd., C, G, & J Inc., Dana Ltd., Delphi Technologies (BorgWarner Inc.), Dura-Lite Heat Transfer Products Ltd., Hanon Systems, Kelvion Holding GmbH.

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Automotive Charge Air Cooler Market Trends

EV Traction Motor Market Size- By Motor Type, By Voltage Rating, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Saudi Arabia Tire Market Growth, Share, Emerging Trends, Business Opportunities, Revenue, Key Manufacturers and Future Challenges till 2023- 2033: SPER Market Research

admin September 25, 2023 Automotive, Business, News

A tyre is a ring-shaped piece that is encircled by a wheel’s rim and aids in dispersing the weight of the vehicle to the ground while supplying grip on the terrain being travelled over. Tyre performs effectively in a variety of settings thanks to the rubber compound and other elements utilised. The inner liner, sidewall, belts, body ply, bead and tread are just a few of the components that make up a tyre. The tire’s tread region is stabilised and strengthened by the belt, which also acts as the tire’s structural support for the body ply. Cars, trucks, two-wheelers, and three-wheelers are among the types of vehicles that typically employ tyres.

According to SPER market research, ‘Saudi Arabia Tire Market Size- By Product Type, By Vehicle Type, By Design, By Distribution Channel, By End-Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Saudi Arabia Tire Market is predicted to reach USD 0.03 billion by 2033 with a CAGR of 2.35%.

The Saudi Arabian Automotive Industry is expanding quickly, which is helping the tyre market expand. The rising standard of life and rising per capita spending on premium auto parts, along with the growing consumer base, all contribute to the market’s expansion. International tyre companies are becoming more prevalent in Saudi Arabia because to their promise of excellent quality and longer product life. Additionally, a number of local tyre manufacturers are forming strategic alliances and collaborations with global firms in order to diversify their product lines and raise the price of their goods. In addition, Saudi Arabia lifted a ban on women driving alone, allowing them to no longer be forced to travel with male family members or use chauffeurs. It is anticipated that this will increase Saudi Arabia’s demand for tyres. Other elements that will spur the need for tyres in KSA include the expansion of the infrastructure sector, the expansion of the building sector, the increased need for replacement tyres, etc.

However, a number of difficulties plague the KSA Automotive Tire Market. Due to the market’s substantial reliance on imports, price pressures from economic swings and competition as well as supply chain and currency variations are all potential threats. Compliance with regulations, especially those pertaining to safety and environmental requirements, requires ongoing adaptation. Stress on costs and sustainability is increased by changes in the price of raw materials and escalating environmental worries. Operations are further complicated by seasonal demand changes and counterfeiting problems. Continuous adaptation is required due to the changing environment, which is being influenced by electric vehicles and technology improvements. In addition, despite these complex issues, maintaining road infrastructure and upholding safety and quality standards are still essential for the market’s sustainability.

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Furthermore, the COVID-19 pandemic outbreak has created a serious issue for the tyre business because of lockdowns in numerous nations. As a result of social isolation and lockout, some production facilities briefly stopped operating, which momentarily halted output as a whole. Due to a lack of labourers and disruptions in the raw material supply, operational capacity were also reduced. As a result of the closure of warehouses and construction projects brought on by the economic slowdown and supply-side problems, demand for tyres decreased from a variety of end-user industries, including construction, industrial, agriculture, and mining. Additionally, the epidemic put logistics and transportation activities in danger, and restrictions on on-road travel had an immediate impact on tyre supply, which in turn constrained market expansion.

Additionally, Some of the Market Key Players are Bridgestone Corporation, Continental AG, Goodyear Tire and Rubber Company, Toyo Tire Corporation, Yokohama Rubber Company, Others.

KSA Tire Market Key Segments Covered:-

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Product Type: Based on the Product Type, Saudi Arabia Tire Market is segmented as; Tube Tire, Tubeless Tire.

By Vehicle Type: Based on the Vehicle Type, Saudi Arabia Tire Market is segmented as; Heavy Commercial Vehicle, Light Commercial Vehicle, Medium &amp, Off-The-Road, Passenger car, Three Wheelers, Two-Wheeler.

By Design: Based on the Design, Saudi Arabia Tire Market is segmented as; Radial Tire, Bias Tire.

By Distribution Channel: Based on the Distribution Channel, Saudi Arabia Tire Market is segmented as; Online, Offline.

By End-Use: Based on the End-Use, Saudi Arabia Tire Market is segmented as; OEM Market, Replacement Market.

By Region: This research also includes data for Eastern, Central, Northern, Northwest, Midwest, and Southwest Saudi Arabia.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Saudi Arabia Automotive Tire Market Forecast

Vietnam EV Charging Infrastructure Market Size- By Type, By Vehicle Type, By Installed Location, By Charging Mode, By Connector Type, By Type of Charging- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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EV Traction Motor Market Growth 2023, Share, Rising Trends, Key Manufacturers, Revenue, Demand, Challenges and Future Investment Opportunities 2033: SPER Market Research

admin September 25, 2023 Automotive, Business

The primary motors used to generate electricity and drive electric vehicles are EV traction motors. They are in charge of converting the electrical energy stored in the car’s batteries into the mechanical energy required to turn the wheels. Traction motors, a crucial component of electric drivetrains, contribute greatly to the overall performance of electric cars.

According to SPER market research, ‘EV Traction Motor Market Size- By Motor Type, By Voltage Rating, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global EV Traction Motor Market is predicted to reach USD 177.16 billion by 2033 with a CAGR of 35.56%.

The market for EV Traction Motor is driven by numerous growth drivers and has specific constraints as it develops. Increased investments in electric vehicles (EVs) and increased demand for energy-efficient motors are two important growth factors. The low power consumption and high efficiency of EV traction motors are driving up demand for EVs. Furthermore, rigorous environmental restrictions and emission limits aimed to promote environmental sustainability are increasing demand for EVs, creating favourable conditions for industry expansion.

The growing consumer preference for zero-emission automobiles has increased global sales of hybrid electric vehicles (HEVs). The market is expected to profit from increased HEV output.

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The EV Traction Motor industry is now facing a number of serious issues. Overload, inadequate power conditions, particularly effective service elements, frequent starting and stopping of the motor, and a lack of airflow surrounding the motor are all reasons of overheating. Electric motors typically overheat in hot environments. Insulation failure accounts for around 30% of all motor failures, while overheating accounts for 60%. Permanent magnet motors are exceedingly unreliable, and they lose their magnetic properties at high temperatures. Because their permanent magnets demagnetize, the torque capacity of these motors is reduced. As a result, electric motors must function properly in order for this operation to be done.

Impact of COVID-19 on Global EV Traction Motor Market

The COVID-19 epidemic has had a huge impact on the EV traction motor market. Supply chains were first disrupted when production facilities throughout the world briefly shut down or scaled back operations due to lockdowns and limitations. This caused production delays for electric vehicles, particularly those equipped with electric traction motors. Customer demand for EVs declined in the early stages of the epidemic due to the weak economy and decreasing consumer expenditure.

EV Traction Motor Market Key Players

Furthermore, North America has been a prominent Centre for electric car production and innovation, driven by the United States and Canada. Significant investments in EV production and technological development have occurred in the region, fueling demand for sophisticated traction motors. Government incentives, tough emission rules, and a growing consumer desire for electric vehicles all contribute to the market’s expansion. Additionally, some of the market key players are ABB Limited, Parker-Hannifin Corp., SKF AB., ZF TRW Automotive Holdings Corporation.

Global EV Traction Motor Market Segmentation:

By Motor Type: Based on the Motor Type, Global EV Traction Motor Market is segmented as; Permanent Magnet Synchronous EV Traction Motors, Asynchronous EV Traction Motors.

By Voltage Rating: Based on the Voltage Rating, Global EV Traction Motor Market is segmented as; High Voltage, Low Voltage.

By Vehicle Type: Based on the Vehicle Type, Global EV Traction Motor Market is segmented as; Electric Vehicles, Plug-in-Hybrid Electric Vehicles, Mild Hybrid Vehicle, Full Hybrid Vehicle.

By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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EV Traction Motor Market Outlook

France Used Car Market Size- By Market Structure, By Type of Used Car, By Fuel Type, By Kilometers Driven, By Ownership Period, By Car Brand – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Automotive Alloys Market Growth and Share 2023, Rising Trends, Revenue, Key Manufacturers, Business Opportunities and Future Investment 2032: SPER Market Research

admin September 22, 2023 Automotive, Business, News

In order to lighten and improve the fuel efficiency of commercial and passenger vehicles, automotive alloys are utilised in the production of the powertrain, chassis, and external and interior parts. The automotive alloy market has been divided into segments based on product type, distribution channel, vehicle type, and region.

According to SPER market research, ‘Global Automotive Alloys Market Size– By Type of Alloy, By Application, By Vehicle Type, By Technology- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Global Automotive Alloys Market is predicted to reach USD 93.53 billion by 2032 with a CAGR of 8.33%.

The need for lightweight automobiles is being driven by the implementation of strict environmental regulations around the world. To reduce greenhouse gas emissions, numerous international governments are developing tight rules and recommendations. Numerous developments in the APAC region have increased the amount of carbon discharge. China, the world’s largest emitter of greenhouse gases, is releasing new regulations that are expected to limit carbon emissions. Other APAC nations, like Indonesia, Australia, and India, are also introducing new rules and guidelines to lessen carbon emissions and combat climate change. These recommendations are being followed by people all across the world, which has significantly advanced the market for automotive alloys.

However, the main factor impeding market expansion is the high cost of aluminium and magnesium alloys. These low-density materials have high production and assembly costs, which in turn raises the price of automobiles overall. The high cost of these alloys is a result of the energy needed to make them. Another factor impeding the expansion of the automotive alloy market during the projection period is the fluctuating cost of raw materials.

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Moreover, according to COVID-19’s effect analysis, the world’s shutdowns and changes in oil prices caused a sharp fall in car sales in the first few months of the previous year. Leading manufacturers are using a variety of strategies, such as evaluating their dealerships to restart services, to lessen the negative impact on their business operations. The United States (US), Europe, and the export of Chinese parts have all stopped production as a result of COVID-19’s direct effects on the automotive industry. The automobile industry can, however, continue to be resilient as long as a COVID-19 breakthrough is not made, given the ongoing efforts of top companies to contain revenue losses by pursuing recovery strategies like mergers and acquisitions.

Geographically, APAC is expected to be the largest market for automotive alloys, primarily because China has a robust automotive sector. Japan and India are also important markets for autos in addition to China. The large population in the area and improvements in people’s economic circumstances in developing nations like China, Indonesia, Thailand, and India can be credited with the market’s expansion. Additionally, some of the market key players are Alcoa Corporation, AMG Advanced Metallurgical Group N.V, ArcelorMittal S.A., UACJ Corporation, Others.

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Automotive Alloy Wheel Market Future Outlook

Air-Cushion Vehicle Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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CNG Powertrain Market Trends 2023- Global Industry Share, Revenue, Growth Drivers, CAGR Status, Business Challenges, Opportunities and Future Outlook Report 2033: SPER Market Research

admin September 22, 2023 Automotive, Business, News

CNG powertrains are a type of engine that runs on compressed natural gas (CNG) rather than petrol or diesel fuel. CNG burns more efficiently and produces less hazardous fuel emissions than petrol and diesel. An internal combustion engine running on petrol is equivalent to a CNG powertrain. The combustion process in the CNG powertrain remains the same, however there are a few new parts. Before being burned in the cylinder to produce power, the fuel and air are mixed. Unlike traditional gasoline tanks, CNG required a tank that could transport highly pressurised gas.

According to SPER market research, ‘CNG Powertrain Market Size– By Drive Type, By Fuel Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the CNG Powertrain Market is predicted to reach USD 501.32 billion by 2033 with a CAGR of 17.81%.

The expansion of automobile fleets, the emergence of a commercial vehicle infrastructure, and improvements in manufacturing technologies all continuously feed demand for the CNG Powertrain. Governments from all around the world are working to reduce the emissions of greenhouse gases from cars, which are one of the main causes of the irregular rise in air pollution. Demand for the CNG Powertrain market is predicted to increase at a remarkable rate due to CNG vehicles’ lower greenhouse gas emissions than vehicles powered by other fossil fuels.

Despite the growth opportunities in the global CNG powertrain market, there are many challenges that hinder the growth of the market. Market expansion is constrained by high operational and capital costs. Their powertrains are often more expensive than those of regular petrol vehicles because to the additional components needed for CNG and LPG vehicles. Most of these vehicles don’t have lubrication, so they need to be maintained more frequently. Over time, this raises the cost because some parts wear out more quickly than they do in gasoline-powered vehicles. Additionally, the parts require more frequent replacement than those in gasoline-powered vehicles, whose lifespan is typically longer. For instance, truck drivers who travel regularly for work may use CNG. CNG and LPG vehicles can only be deemed cost-effective under frequent use.

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Impact of COVID-19 on Global CNG Powertrain Market

Furthermore, a global economic downturn brought on by the COVID-19 epidemic affected several industries, including the CNG Powertrain business, whose expansion is directly tied to that of the automobile sector. Early in 2020, supply chain breakdowns and lockdowns, particularly in China and Japan, two major producers of passenger cars, forced production to slow down. Disappointing passenger car sales worldwide for FY-20 can be attributed to a substantial shift in consumer preferences. The closure of manufacturing facilities and a decrease in labour force as a result of social exclusionary policies made it more difficult to manufacture vehicles. As well as making it difficult to get raw materials, supply chain interruptions and rising inflation also increased the cost of production.

CNG Powertrain Market Key Players:

Geographically, Asia Pacific dominated the market driven by robust growth in the automobile sector in countries like China and India. The region is witnessing technological advancements and expanding CNG infrastructure, with key players like Maruti Suzuki introducing S-CNG technology in their passenger vehicles. Meanwhile, Latin America is expected to see a very promising CAGR due to rising per capita income, leading to increased automotive spending in countries like Argentina, Brazil, and Colombia. Additionally, some of the market key players are AB Volvo, Cummins Inc., Nissan Motor Co., Ltd., Robert Bosch GmbH., Volkswagen AG, Others.

CNG Powertrain Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Drive Type: Based on the Drive Type, Global CNG Powertrain Market is segmented as; All-Wheel Drive, Front Wheel Drive, Rear Wheel Drive.

By Fuel Type: Based on the Fuel Type, Global CNG Powertrain Market is segmented as; Bi-fuel, Mono Fuel.

By Vehicle Type: Based on the Vehicle Type, Global CNG Powertrain Market is segmented as; Commercial Vehicle, Passenger Vehicle.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

CNG Powertrain Market Future Outlook

Autonomous Underwater Vehicle (AUV) Market Size- By Type, By Shape, By Technology, By Propulsion System, By Payload Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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