+1-888-308-5802     
News Contact Us

Automotive Air Intake Manifold Market for Heavy commercial vehicles (HCVs) is anticipated to grow at over 5.7% CAGR To 2024

Author : Ronak Bora | Published Date : 2019-04-02 

Automotive air intake manifold market from aftermarket accounted for over USD 6 billion in 2016 and will exhibit highest CAGR over the forecast timeframe. Dependence on the customer preference towards cost and quality of the product. Lesser cost as compared to OEMs will primarily drive the industry growth till 2024.

Rising demand for passenger vehicles is anticipated to drive the industry demand in developing countries such as India, China, and Indonesia. Steady growth in world economy is encouraging the international import/export. This further results in increasing national and international freight transportation, escalating the demand for heavy commercial vehicles.

Request For Sample Copy Of This Report @ www.gminsights.com/request-sample/detail/1810

Automotive air intake manifold market for LCVs are anticipated to exhibit over 5% CAGR over the forecast timeframe owing to increasing online business resulting in increasing express, packaging, and courier services. The turnover of LCVs in Germany for 2015 grew by 4% to almost 244,000 units.

EFI contributed for over 17% of the total revenue share and will be witnessed as the fastest growing segment over the next eight years. Increasing adoption of these systems in automobile engines will support the automotive air intake manifold market growth. Dual plane manifolds will dominate the industry with almost 60% revenue share.

Automotive Air Intake Manifold Market for HCVs accounted for over USD 3 billion in 2016 and is anticipated to exhibit over 5.5% CAGR over the forecast timeframe. Rising usage of commercial vehicles for commodities transportation will support the high revenue generation till 2024. The sales of these vehicles in U.S. in 2016 recorded an increase of 10% than 2015. Heavy commercial vehicles sales in India for 2016 grew by over 25% due to rising FDIs for infrastructural developments and expansion of infrastructure. Rising demand for these HCVs will escalate the product penetration over the coming years.

Make an inquiry before buying this report @ www.gminsights.com/inquiry-before-buying/1810

Casting captured over 44% revenue share in 2016 and is expected to witness over 5% CAGR over the forecast timeframe. Adequate protection & packaging, shipping constraints, final component standards, weights, and shelf-life of the protective coatings play a key role in casting. Automotive air intake manifold market for Injection molding is anticipated to overtake casting due to its efficiency of mass production for small and medium sized complex components.

Aluminum accounted for over USD 13 billion in 2016 and is anticipated to exhibit highest revenue share in automotive air intake manifold market over the next eight years. usage of aluminum results in weight reduction and ensures high strength. Magnesium is expected to exhibit highest CAGR owing to its enhanced features than its counterparts.

Browse Full Report Summary @ www.gminsights.com/industry-analysis/automotive-air-intake-manifold-market

MANN+HUMMEL, Donaldson, MAHLE, and Rochling Group are among the prominent players in the automotive air intake manifold market. Partnerships and collaborations are the key strategies adopted by the industry participants. They are involved in forward integration involving distribution and manufacturing of the product. Automotive air intake manifold market has showcased exponential growth due to enhanced quality products at less cost coupled with rising trend of Do-It-Yourself (DIY) activities. Introduction of these innovative products help the growth of aftermarket and will drive its sales across the globe.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Asia Pacific Activated Carbon Market Size 2025 - What Are The Main Factors That Contributing Towards Industry Growth?

Published Date: 2019-07-12         Author: Ronak Bora

Asia Pacific Activated Carbon Market led by China is anticipated to provide rapid growth opportunities in forecast period owing to increasing industrialization in developing countries mainly China. The demand is driven by insufficient clean water access as industrial development has a direct impact ... Read More

Asia Pacific Ethanolamines Market Size 2024 To Witness Heavy Growth Prospects Via Agricultural Sectors

Published Date: 2019-07-12         Author: Ronak Bora

U.S. ethanolamines market size will surpass USD 800 million by 2024, and represents the majority of North America revenue generation. Asia Pacific market share will grow to over 40% by 2014 and will be driven by demand from China, India, ASEAN and many agricultural sectors in the region. Global&n... Read More

North America Chemical Indicator Inks Market Size 2024 Showcase Impressive Growth From Monitoring In The Healthcare Industry

Published Date: 2019-07-12         Author: Ronak Bora

North America chemical indicator inks market worth USD 13 million in 2015, is predicted to witness a significant growth over the forecast timeline due to growing geriatric population leading to heavy product demand for sterilization monitoring in the healthcare industry. U.S. market worth size worth... Read More

© 2019 Fractovia. All Rights Reserved