Overview of the global automotive cylinder head market
Market research analysts at Technavio have predicted that the global automotive cylinder head market will grow steadily at a CAGR of about 1% by 2020. The automotive industry is transitioning to electric vehicles and the recent years have seen an increasing adoption of electric vehicles in countries all across the globe, especially in the United States and Europe. Though more environment-friendly than gasoline-powered automobiles, electric vehicles account for less than 2% of the market share. Factors such as longer charging time, scarcity of charging stations, and expensive batteries hinder their adoption. Moreover, in terms of performance, power delivery, and driving range, electric vehicles are still not the ideal alternative to internal combustion engines. These drawbacks will continue to spur the demand for gasoline-powered automobiles and will, in turn, propel the demand for engine cylinder heads.
The recently introduced automobile regulations demand lower CO2 emissions and higher fuel efficiency and are fueling the drive for implementing efficient engine-downsizing strategies. The American automaker Ford has started using aluminum on its cylinder heads to optimize the overall weight of vehicles. Similarly, the German brand Volkswagen uses three-cylinder and four-cylinder configurations that offer effective thermal management in its new petrol engines. Volkswagen has also started using a very narrow single-scroll turbocharger, which eventually helps in reducing the weight of the cylinder head. Advancements like engine downsizing and engine platform modularization will lead to the requirement of smaller cylinder head designs and configurations, which will, in
Overview of the global automotive fifth wheel coupler market
Market research analysts at Technavio have predicted that the global automotive fifth wheel coupler market will grow steadily at a CAGR of more than 7% by 2020. Constant infrastructure development and mining activities are likely to lead to the demand for high-performance trucks. The exponential increase in global population has subsequently increased the demand for residential, commercial, and industrial buildings, which, in turn, will lead to the increase in the adoption of construction equipment. Moreover, the growth in mining activities in several countries across the globe such as Russia, Australia, Canada, Chile, Brazil, South Africa, India, the US, and China will also demand the requirement for high-performance trucks leading to the adoption of fifth-wheel couplers since trailers play an important part in logistics.
Technological advances in fifth-wheel designs and configurations will lead to the development of armored fifth-wheel for yard tractors. One of the leading manufacturers, Fontaine has already developed and introduced an armor fifth-wheel that is stronger, simpler, and protected from kingpin impairment and can be used by OEMs and also as fifth-wheel hitch installation in the aftermarket segment. The device comes with replaceable wear pads and composite air cylinders for longer life and also comes with an anti-hitch feature to prevent false coupling.
Competitive landscape and key vendors
Due to the presence of numerous players who offer various types of coupling devices as per the requirement of the customers, the market appears to be largely fragmented and is dominated by established players such as Fontaine Fifth Wheel,
Global market overview of automotive brake boosters
At present, the automotive market is increasingly replacing mechanical and hydraulic systems with electronic systems in vehicles. The main aim underlying this mechanism is to reduce the weight of the vehicle and incorporate additional features such as safety and comfort. One of the most trending applications in the vehicle check area is the brake-by-wire technology for the automotive brakes system. Based on a fault-tolerant structure, this system will have a pedal module, a dependable power system, a central supervisory control system, four intelligent braking actuators, and interfaces to other on-board vehicle systems. Such advanced braking technologies will significantly boost the growth prospects for the brake boosters in the coming years. Technavio’s market research analyst predicts the global automotive brake booster market to grow at a CAGR of around 9% by 2020.
APAC will continue to dominate the automotive brake booster market during the forecast period and is expected to occupy more than 54% of the overall market share by 2020. Much of the region’s growth comes from the rising production of auto parts and the presence of major car brands. Vendors are focusing to develop vehicles that are fast and safe, which has pushed them to create advanced brakes in vehicles. The increasing government regulations for improving vehicle safety will strongly contribute to the demand for automotive brake boosters in APAC over the next
Overview of the global automotive hydro mechanical variable transmission systems market
Market research analysts at Technavio have predicted that in terms of units shipped, the global automotive hydro mechanical variable transmission systems market will grow impressively at a CAGR of almost 67% by 2020. HVT (Hydro-mechanical variable transmission) systems combine hydrostatic and mechanical transmission systems and are controlled by a single electronic control. HVT systems offer more fuel efficiency than the other transmission systems without compromising the efficiency of the vehicle and also offer sharp focus on energy efficiency and lower emissions. This system uses a pump motor instead of a variator, which makes it suitable for machines that work with high loads. Moreover, HVT produces equal speed in both forward and reverse gears, thereby maximizing transmission efficiency.
Advancements in technology have led to the replacement of mechanical components with electronic components and this electrification of vehicles has helped to reduce the weight of the vehicle and ensure higher accuracy in operations. Owing to this, there will be an increased adoption of electrification of the powertrain systems in the automotive industry. This advancement in powertrain technology will subsequently lead to lower CO2 emissions and high fuel efficiency, which in turn will attract significant interest from consumers and original equipment manufacturers (OEMs).
Geographical segmentation and analysis of the automotive HVT systems market
During 2015, the Americas dominated the automotive HVT systems market and accounted for about 45% of the total market share. Factors such as higher
Outlook of the global automotive torque converter market
A torque converter is a device that acts as a bridge between the engine and the transmission and allows a vehicle engine to spin independently of the transmission. The global market for automotive torque converters will grow moderately during the forecast period, and the prospects for its growth will be heavily dependent on the sale of automatic transmission vehicles over the next few years. Automatic transmission vehicles, especially passenger cars, are gaining traction in the global market due to the presence of congested stop-and-go driving conditions. This technology eliminates the use of clutches, as a result of which, gear-shifts are more simplified. Since this technology puts less pressure on the driver, people from across the globe are buying passenger cars that have an automatic transmission system. The global market for automotive torque converters will grow at a CAGR of more than 4% until 2020.
Technavio’s market research analyst has estimated that the presence of eminent factors, such as recent powertrain advancements, will aid in the growth of this market during the forecast period. The powertrain is comprised of the engine, transmission, and the drivetrain of an automobile. The primary function of an automotive powertrain is to provide power to the vehicle. Recent advances in powertrain technology have helped manufacturers to develop transmission systems that can handle higher internal pressures and greater instantaneous forces.
Segmentation by end users and analysis of the automotive torque converter market
- Original equipment manufacturer (OEM)
In this market study, Technavio’s analysts have estimated the OEM market segment to experience the highest growth during the forecast period. Much of this segment’s growth can be
Overview of the continuously variable transmissions (CVT) system market in APAC
Technavio’s market research analyst predicts that the continuously variable transmissions (CVT) system market in APAC will grow impressively at a CAGR of just over 12% during the forecast period. Rising health and environmental concerns have led to the implementation of stringent emission norms, which in turn is expected to drive the prospects for growth in this market over the next few years. Besides this factor, the globalization of the auto industry will have a big impact on the APAC region. Earlier, such regulations were mostly prevalent in developed countries such as US, Germany, UK and Canada. However, various countries from APAC have adopted emission regulations in a bid to control the harmful impact on the natural environment. Such legislations mandate the use of efficient technologies that help to reduce emissions and improve fuel economy. With more countries adopting emission norms, the OEMs are expected to drive the adoption of CVT system at a rapid pace until the end of 2020.
In this industry research report, the analysts have estimated factors such as advances in the powertrain technology to contribute to the growth of this market over the forecast period. Early transmission systems comprised of multiple mechanical components, which were replaced with electronic components. The incorporation of electronic components will not only help to reduce the weight of the vehicle but also ensure higher accuracy in operations.Recent advances in powertrain technology have also led to the introduction of transmission systems that have higher internal pressures and greater instantaneous forces. Such technological advances enable seamless gear shifts without the loss of tractive force. Since these advances have made quite an impression on manufacturers and consumers, it will lead to the extensive use of CVT technologies until the
Automotive components are increasingly seen as way to differentiate themselves from other vehicle manufacturers. Today there are more vehicle components related to passenger safety and comfort. This emphasis on safety and comfort has been influenced by regulatory authorities, such as the new car assessment program (NCAP) introduced by the National Highway Traffic Safety Administration of US, which advocates for adequate passenger safety measures and greater safety awareness among consumers. Also, components associated with reduced emissions and vehicle efficiency, including catalytic converters and turbochargers, have seen increased demand.
Technavio’s portfolio of automotive components market reports includes accessories, aftermarket accessories, camera modules, connectors, head-up display (HUD), electronics components, interior accessories, and tire pressure monitoring systems.