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3. MARKET TRENDS & DRIVERS
Energy-Efficiency: A Key Factor Driving Technology Innovation
Computerized Sewing Machines: A Major Innovation Fueling Market Growth
Innovative Embroidery Software Spells Significant Market Opportunities
Rise of Sewing as a Leisure Activity among New Sewing Enthusiasts Drive Demand for Household Sewing Machines
Key Purchase Considerations for Pros and Beginners
Rising Interest of DIYers Promises Bright Prospects for the Market
User-Friendly Models for New Sewing Enthusiasts to Propel Adoption
Specialized Sewing Machines for Sewing, Repairing, and Fixing Leather Products Grow in Prominence
Apparel Demand and Textile Making Industry Trends to Influence Demand for Industrial Sewing Machines
With Apparel & Textile Manufacturing Disrupted due to COVID-19 Outbreak, Impact Imminent on Sewing Machines Sales
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Noida, India, March 09, 2021 (GLOBE NEWSWIRE) According to a study conducted recently by the strategic consulting and market research firm,
BlueWeave Consulting, the global Advanced Driver Assistance Systems (ADAS) market was worth USD 25.1 billion in 2020 and is further projected to reach USD 69.4 billion by 2027, at a CAGR of 16.4% during 2021-2027 (forecast period). The increasing demand for a safe, efficient, and convenient driving experience as well as the rising demand for luxury vehicles across the globe are the key factors driving the growth of the ADAS market. Additionally, the Original Equipment Manufacturers (OEMs) and government regulatory authorities are taking necessary steps to improve transportation by addressing major challenges like road accidents, traffic congestion, and the cost of transportation. As a result of the high scale of growth of the
MEA
This study identifies the increasing demand for fuel-efficient vehicles as one of the prime reasons driving the automotive torque converter market growth during the next few years.
The report on automotive torque converter market covers the following areas:
Automotive torque converter market sizing
Automotive torque converter market forecast
Automotive torque converter market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive torque converter market vendors that include Aisin Seiki Co. Ltd., Delphi Technologies Plc, Schaeffler AG, Sonnax Transmission Co. Inc., SUBARU Corp., Transtar Industries Inc., Valeo SA, Voith GmbH & Co. KGaA, Yutaka Giken Co. Ltd., and ZF Friedrichshafen AG. Also, the automotive torque converter market analysis report includes information on upcoming trends and challenges that will influence market growth
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NEW YORK, March 5, 2021 /PRNewswire/ The automotive pump market is expected to grow by USD 13.74 billion during 2021-2025, expanding at a CAGR of over 4%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
Automotive Pump Market by Application and Geography - Forecast and Analysis 2021-2025
The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. - Get FREE Sample Report within MINUTES