Automotive Ducts Market to be Valued at $1.8 Billion by 2023
This market report, from Stratview Research, studies the ducts market in the global automotive industry over the trend and forecast period of 2012 to 2017 and 2018 to 2023, respectively.
(EMAILWIRE.COM, October 13, 2018 )
Stratview Research announces the launch of a new research report on Automotive Ducts Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Application Type (HVAC Ducts, Under the Hood Ducts, and Others), by Material Type (Plastic Ducts, Foam Ducts, and Others), by Process Type (Blow Molding, Injection Molding, Thermoforming, and Others), by Pressure Type (Low-Pressure Ducts and High-Pressure Ducts), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Ducts Market in the Global Automotive Industry: Research Highlights
As per Stratview Research, the global automotive ducts market offers a healthy growth opportunity during the forecast period of 2018 to 2023 and reach an estimated US$ 1,825.2 million in 2023. Organic growth in the automobile production owing to rising urbanization and increasing disposable income; increasing share of SUVs in the total vehicle production; and continuous replacement of traditional rubber and metal ducts with plastic ducts are some of the major factors that are proliferating the growth of ducts in the automotive industry.
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The author of the report cited that passenger car is expected to remain the growth engine of the automotive ducts market during the forecast period of 2018 to 2023. Increasing production of passenger cars, especially SUVs, coupled with a higher demand for lighter ducts would remain the major driver of the segment over the next five years. Hatchbacks and SUVs are likely to generate a greater demand for ducts in the passenger cars segment.
As per the study, HVAC ducts segment is expected to remain the most dominant application type in the automotive ducts market during the forecast period. HVAC ducts include various large-sized ducts, such as instrument panel duct, roof ducts, console ducts, and pillar ducts.
Major automotive duct manufacturers globally are MANN+HUMMEL, Continental AG, MAHLE GmbH, Sogefi Group, Kyoraku Co. Ltd., Trocellen GmbH, and Rochling Group. Developing lightweight automotive ducts and forming strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Stratview Research announces the launch of a new research report on Automotive Ducts Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Application Type (HVAC Ducts, Under the Hood Ducts, and Others), by Material Type (Plastic Ducts, Foam Ducts, and Others), by Process Type (Blow Molding, Injection Molding, Thermoforming, and Others), by Pressure Type (Low-Pressure Ducts and High-Pressure Ducts), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Ducts Market in the Global Automotive Industry: Research Highlights
As per Stratview Research, the global automotive ducts market offers a healthy growth opportunity during the forecast period of 2018 to 2023 and reach an estimated US$ 1,825.2 million in 2023. Organic growth in the automobile production owing to rising urbanization and increasing disposable income; increasing share of SUVs in the total vehicle production; and continuous replacement of traditional rubber and metal ducts with plastic ducts are some of the major factors that are proliferating the growth of ducts in the automotive industry.
Click here fro Table Of Contents :-
https://www.stratviewresearch.com/toc/307/Automotive-Ducts-Market.html
or
Request Sample :-
https://www.stratviewresearch.com/Request-Sample/307/Automotive-Ducts-Market.html
The author of the report cited that passenger car is expected to remain the growth engine of the automotive ducts market during the forecast period of 2018 to 2023. Increasing production of passenger cars, especially SUVs, coupled with a higher demand for lighter ducts would remain the major driver of the segment over the next five years. Hatchbacks and SUVs are likely to generate a greater demand for ducts in the passenger cars segment.
As per the study, HVAC ducts segment is expected to remain the most dominant application type in the automotive ducts market during the forecast period. HVAC ducts include various large-sized ducts, such as instrument panel duct, roof ducts, console ducts, and pillar ducts.
Major automotive duct manufacturers globally are MANN+HUMMEL, Continental AG, MAHLE GmbH, Sogefi Group, Kyoraku Co. Ltd., Trocellen GmbH, and Rochling Group. Developing lightweight automotive ducts and forming strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results