Mes: octubre 2020

Worldwide Automotive Upholstery Industry to 2026 – Featuring Grammer, Haartz & Faurecia Among Others

DUBLIN, Oct. 8, 2020 /PRNewswire/ — The «Automotive Upholstery Market – By Material, By Application, and By Region – Global Industry Perspective,…

DUBLIN, Oct. 8, 2020 /PRNewswire/ — The «Automotive Upholstery Market – By Material, By Application, and By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

The global Automotive Upholstery market accrued earnings worth approximately 7.84 (USD Billion) in 2019 and is set to record a CAGR of about 6.77% over the period from 2020 to 2026. The report offers assessment and analysis of the Automotive Upholstery market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Manifold utilization of lightweight materials, fabrics, and leather quality for interior chairs or seats in the vehicle like cars is termed as automotive upholstery. Furthermore, the automotive upholstery industry is likely to gain traction over the forthcoming years with interior style or design of cars becoming the differentiating aspect for premium cars within the couple of years ahead. Diverse consumer trends across countries like the U.S. and China as well as many countries of Europe is likely to force manufacture premium vehicles have exquisite, fashionable, advanced, high quality, well-designed, and visually appealing automotive upholstery. This is predicted to unlock new growth avenues for automotive upholstery market over the years to come.

The automotive upholstery industry growth is influenced by the rise in the vehicle production, end-user demand for comfort, and personalized automotive interiors. Apart from this, the automotive upholstery market is likely to be favorably impacted due to large-scale introduction of autonomous vehicles in the developed countries. Moreover, huge spending ability of the end-users resulting in humungous demand for vehicles is projected to drive market trends.

Apparently, breakthroughs and addition of innovative features in the automotive manufacturing sector is predicted to open gateways for the players to explore new market growth phases over the forecast period. Additionally, the altering raw material costs and enforcement of stringent government laws for minimizing emissions of hazardous air pollutants has resulted in launching of new products in the industry. This will further embellish the growth rate of the market over the forthcoming years.

The regional market growth over the forecast timeline is owing to surge in the huge demand for vehicles in the countries like the U.S. and Canada. Apart from this, massive popularity of self-driven cars and electric & hybrid cars in these countries will further prompt the regional market growth over the forecast timeline.

Key players profiled in the report include Martur Automotive Seating Systems, Grammer AG, Lear Corporation, Adient PLC, Faurecia S.A., Grupo Antolin Irausa S.A., Toyota Boshoku Corporation, Borgers Se & Co. KGaA, Acme Mills Company, Haartz Corporation, Sage Automotive Interiors, and Seiren Co., Ltd.

Key Topics Covered:

1. Preface

2. Executive Summary
2.1. Automotive Upholstery Market, 2016-2026(USD Billion)
2.2. Automotive Upholstery Market: Snapshot

3. Global Automotive Upholstery Market- Industry Analysis
3.1. Automotive Upholstery Market: Market Dynamics
3.2. Market Drivers
3.2.1. Rise in the vehicle production, end-user demand for comfort, and personalized automotive interiors
3.2.2. Large-scale introduction of autonomous vehicles in the developed countries
3.3. Porter’s Five Forces Analysis
3.4. Market Attractiveness Analysis
3.4.1. Market attractiveness analysis By Material
3.4.2. Market attractiveness analysis By Fabric Type
3.4.3. Market attractiveness analysis By Integrated technology
3.4.4. Market attractiveness analysis By Application
3.4.5. Market attractiveness analysis By Vehicle Type

4. Global Automotive Upholstery Market- Competitive Landscape
4.1. Company market share analysis
4.1.1. Global Automotive Upholstery Market: company market share, 2019
4.2. Strategic development
4.2.1. Acquisitions & mergers
4.2.2. New Product launches
4.2.3. Agreements, partnerships, collaborations, and joint ventures
4.2.4. Research and development and Regional expansion
4.3. Price trend analysis

5. Global Automotive Upholstery Market- Material Analysis
5.1. Global Automotive Upholstery Market overview: By Material
5.1.1. Global Automotive Upholstery Market share, By Material, 2019 and 2026
5.2. Automotive Textiles
5.2.1. Global Automotive Upholstery Market By Automotive Textiles, 2016-2026(USD Billion)
5.3. Plastic
5.3.1. Global Automotive Upholstery Market By Plastic, 2016-2026(USD Billion)
5.4. Leather
5.4.1. Global Automotive Upholstery Market By Leather, 2016-2026(USD Billion)
5.5. Synthetic Rubber
5.5.1. Global Automotive Upholstery Market By Synthetic Rubber, 2016-2026(USD Billion)
5.6. Smart Fabrics
5.6.1. Global Automotive Upholstery Market By Smart Fabrics, 2016-2026(USD Billion)
5.7. Thermoplastic Polymers
5.7.1. Global Automotive Upholstery Market By Thermoplastic Polymers), 2016-2026(USD Billion)

6. Global Automotive Upholstery Market- Fabric Type Analysis
6.1. Global Automotive Upholstery Market overview: By Fabric Type
6.1.1. Global Automotive Upholstery Market share, By Fabric Type , 2019 and 2026
6.2. Woven
6.2.1. Global Automotive Upholstery Market By Woven, 2016-2026(USD Billion)
6.3. Non-Woven
6.3.1. Global Automotive Upholstery Market By Non-Woven, 2016-2026(USD Billion)

7. Global Automotive Upholstery Market- Vehicle Type Analysis
7.1. Global Automotive Upholstery Market overview: By Vehicle Type
7.1.1. Global Automotive Upholstery Market share, By Vehicle Type, 2019 and 2026
7.2. Commercial Vehicle
7.2.1. Global Automotive Upholstery Market By Commercial Vehicle, 2016-2026(USD Billion)
7.3. Passenger Vehicle
7.3.1. Global Automotive Upholstery Market By Passenger Vehicle, 2016-2026(USD Billion)

8. Global Automotive Upholstery Market- Integrated technology Analysis
8.1. Global Automotive Upholstery Market overview: By Integrated technology
8.1.1. Global Automotive Upholstery Market share, By Integrated technology, 2019 and 2026
8.2. Smart Seats
8.2.1. Global Automotive Upholstery Market By Smart Seats, 2016-2026(USD Billion)
8.3. Conventional
8.3.1. Global Automotive Upholstery Market By Conventional, 2016-2026(USD Billion)
8.4. Ventilated
8.4.1. Global Automotive Upholstery Market By Ventilated, 2016-2026(USD Billion)

9. Global Automotive Upholstery Market- Application Analysis
9.1. Global Automotive Upholstery Market overview: By Application
9.1.1. Global Automotive Upholstery Market share, By Application, 2019 and 2026
9.2. Dashboards
9.2.1. Global Automotive Upholstery Market By Dashboards, 2016-2026(USD Billion)
9.3. Carpets
9.3.1. Global Automotive Upholstery Market By Carpets, 2016-2026(USD Billion)
9.4. Seat Covers
9.4.1. Global Automotive Upholstery Market By Seat Covers, 2016-2026(USD Billion)
9.5. Roof Liners
9.5.1. Global Automotive Upholstery Market By Roof Liners, 2016-2026(USD Billion)
9.6. Trunk Liners
9.6.1. Global Automotive Upholstery Market By Trunk Liners, 2016-2026(USD Billion)
9.7. Sun Visors
9.7.1. Global Automotive Upholstery Market By Sun Visors, 2016-2026(USD Billion)

10. Company Profiles
10.1. Borgers Se & Co. KGaA
10.1.1. Overview
10.1.2. Financials
10.1.3. Product Portfolio
10.1.4. Business Strategy
10.1.5. Recent Developments
10.2. Martur Automotive Seating Systems
10.3. Toyota Boshoku Corporation
10.4. Acme Mills Company
10.5. Grupo Antulin Irausa, S.A.
10.6. Grammer AG
10.7. Haartz Corporation
10.8. Faurecia S.A.
10.9. Sage Automotive Interiors
10.10. Adient PLC
10.11. Lear Corporation
10.12. Seiren Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/r/93y1re

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/worldwide-automotive-upholstery-industry-to-2026—featuring-grammer-haartz–faurecia-among-others-301148550.html

SOURCE Research and Markets

Mayflower Inn & Spa, Auberge Resorts Collection Unveils Redesign Led By Celerie Kemble

WASHINGTON, Conn., Oct. 8, 2020 /PRNewswire-PRWeb/ — Mayflower Inn & Spa, Auberge Resorts Collection, the exquisite country retreat set on 58 private acres in Washington, CT, today debuts a dynamic transformation, ushering in a new era for…

WASHINGTON, Conn., Oct. 8, 2020 /PRNewswire-PRWeb/ — Mayflower Inn & Spa, Auberge Resorts Collection, the exquisite country retreat set on 58 private acres in Washington, CT, today debuts a dynamic transformation, ushering in a new era for the iconic New England landmark in its centennial year. Celebrated New York-based designer Celerie Kemble, acclaimed for her blend of nuanced whimsy and pitch-perfect taste, orchestrated the redesign, which encompasses guest rooms and suites and the entirety of the Inn’s historic main house, including the Mayflower’s new fine dining restaurant, The Garden Room, as well as the beloved Tap Room and Parlor.

«We are thrilled to introduce guests to the next era of Mayflower Inn & Spa, Auberge Resorts Collection,» said Kemper Hyers, chief creative officer, Auberge Resorts Collection. «It was a fascinating journey collaborating with Celerie Kemble on a redesign that infuses the iconic property with a fresh new spirit. The invigorated Mayflower is the modern embodiment of a gracious country house – discrete, private and utterly delightful.»

A Modern Country Home
The reimagined Mayflower Inn & Spa, Auberge Resorts Collection offers guests a modern experience while honoring the property’s New England heritage. Drawing inspiration from storied English and Scandinavian country houses, Kemble revived Mayflower’s historic interiors with a palette of florals, complex patterns and color, Gustavian antiques and contemporary art.

While keeping timeless pieces such as Mayflower’s signature four-poster beds, the rooms have been transformed with custom furnishings, sisal carpets, Turkish rugs, hand-crafted ceramics and whimsical wicker. Colorful textiles from Schumacher, Sister Parish, and Penny Morrison reflect a modern sense of comfortable country life. Giving each guest room its own persona, Kemble traded damasks, crystal lamps and French influences for eclectic furnishings and artful layering. Kemble is famous for creating character filled interiors around the globe. She has amassed more than 25 years of experience designing private homes and restoring architectural treasures.

«I’m honored to debut this new style of country living to Mayflower Inn’s loyal guests and future visitors,» said Celerie Kemble. «Redefining the New England good life with personality, color and a contemporary sensibility, the Inn is a playful, energetic and comfortable home away from home, while remaining true to its colonial revival roots.»

Friends of Mayflower Series
To complement the redesign, the property has launched a new curated program called «Friends of the Mayflower,» which brings together the brightest creatives to provide one-of-a-kind, enriching guest experience. The series of ongoing residencies features guest chefs, local artist collaborations, intimate fashion partnerships, events, and more. This fall, acclaimed Chef April Bloomfield joins the property as the second artist in the creative series. As chef-in-residence, the James Beard award-winning chef will oversee all dining outlets at the Inn through the end of 2020, including the Garden Room and the hotel’s beloved local restaurant, The Tap Room, harking back to her British roots serving hearty, reimagined pub-style fare in a tavern-like setting.

The Garden Room
Chef Bloomfield begins her residency in conjunction with the unveiling of The Garden Room, a stunning new upscale restaurant designed by Celerie Kemble. The Garden Room menu celebrates elegant rusticity, featuring the finest ingredients from local Connecticut farms, while the design draws inspiration from the natural world with a large-scale floral mural and vibrant greenery throughout. This fall, the highlight of the Garden Room is Bloomfield’s four-course Garden Supper tasting menu, offered Thursday through Saturday evenings.

The Huntress Boutique
Mayflower Inn & Spa, Auberge Resorts Collection also debuts the Huntress, an expertly curated home furnishings and lifestyle boutique, offering a new retail experience for guests to enjoy while on property. Owned by New York-based interior designer Jenny Wolf, The Huntress is rich with whimsical, quirky sophistication and classical nostalgia. The acclaimed designer’s lifestyle boutique helms antiques, vintage treasures, unique fashion and unusual jewelry. Guests can also find a carefully curated selection of local luxury beauty and wellness products in-room.

Unforgettable Guest Experiences
Just in time for autumn days and illuminated nights, Auberge Resorts Collection is bringing Mayflower’s expansive formal gardens and grounds alive with new, immersive guest experiences and soulful journeys inspired by modern-day country life in New England. From beginning one’s day with a relaxing outdoor yoga session held in the resort’s picturesque Shakespeare Garden, to enjoying a bespoke craft cocktail-making class, or roasting chestnuts and s’mores over the Inn’s new fire pits, the Inn offers guests endless ways to reconnect and indulge in life’s simple pleasures in Litchfield Hills.

For those craving literary inspiration, the Inn has forged an exclusive partnership with local rare book purveyor, Johnnycake Books located nearby in Salisbury, CT. Owner Dan Dwyer has cleverly sourced a precious collection of both new and vintage books encompassing design, entertaining, gardening and other notable quirky genres. Guests are invited to enjoy this special selection of books in the Parlor and can also purchase favorites through reception.

Canoes and rowboats also await on the Mayflower pond, which can be followed by an artisanal picnic on the lawn. Binoculars and booklets on birds in the area are also available for those looking for a peaceful activity, while younger guests seeking educational experiences can plant flowers inspired by Shakespeare’s historical literature in the lush garden.

Enchanting New Events Pavilion
In addition to unveiling reinvigorated interiors, Mayflower Inn & Spa, Auberge Resorts Collection debuts a striking, handcrafted Sperry Tent – the ultimate outdoor venue for the most unforgettable occasions, from intimate gatherings, larger celebrations to elopements. Nestled on Mayflower’s immaculately landscaped gardens and green woodlands, the 3,500-square-foot tent will accommodate 150 guests seated and up to 300 standing. Handcrafted out of genuine sailcloth that breathes during the day and glows at night, Mayflower’s Sperry Tent will welcome guests to make their next occasion a truly memorable one.

This iconic renovation comes on the heels of Auberge Resort Collection’s recent reimagination of White Barn Inn, Auberge Resorts Collection located in the charming coastal town of Kennebunk, Maine. Additionally, earlier this summer, the brand opened its first urban property, Commodore Perry Estate, Auberge Resorts Collection in the beloved destination of Austin, Texas.

For more information or reservations, please visit https://aubergeresorts.com/mayflower/ or call 866-217-0869.

About Mayflower Inn & Spa, Auberge Resorts Collection
Only a two-hour drive from New York City, Mayflower Inn & Spa, Auberge Resorts Collection is a luxury country retreat located in the idyllic town of Washington, Connecticut. Set on 58 acres of beautifully landscaped gardens and woodlands, the property defines New England elegance and is renowned as one of the northeast’s most lauded luxury hideaways. Boasting 35 guest rooms, the hotel offers exceptional service and gracious attention to guest’s personalized needs. Amenities include a 20,000 square-foot spa sanctuary, indoor and outdoor swimming pools, expansive gardens, a tennis court, miles of hiking trails, a standalone two-story private-event space, The Huntress boutique, and two sumptuous dining venues, The Mayflower Dining Room for formal, New England-inspired fine dining and the Tap Room for casual country fare. In honor of the Inn’s forthcoming centennial birthday in fall 2020, acclaimed New York-based interior designer Celerie Kemble will oversee a dramatic redesign encompassing guest rooms and suites, Mayflower’s signature restaurant, and the Inn’s historic main house, featuring a charming parlor.

For more information: https://aubergeresorts.com/mayflower/
Follow Mayflower Inn & Spa, Auberge Resorts Collection on Facebook and Instagram

About Auberge Resorts Collection
Auberge Resorts Collection is a portfolio of extraordinary hotels, resorts, residences and private clubs. While each property is unique, all share a crafted approach to luxury and bring the soul of the locale to life through captivating design, exceptional cuisine, innovative spas, and gracious yet unobtrusive service. With 19 hotels and resorts across three continents, Auberge invites guests to create unforgettable stories in some of the world’s most desirable destinations.

For more information: aubergeresorts.com

Connect with Auberge Resorts Collection on Facebook Twitter and Instagram @AubergeResorts and #AlwaysAuberge

About The Friedkin Group
The Friedkin Group is a privately-held consortium of automotive, hospitality, entertainment, sports and adventure companies. These organizations include: Gulf States Toyota, GSFSGroup, GSM, US AutoLogistics, Ascent Automotive Group, Auberge Resorts Collection, AS Roma, Imperative Entertainment, 30WEST, NEON, Diamond Creek Golf Club, Congaree and Legendary Expeditions. The Friedkin Group is led by Chairman and CEO Dan Friedkin. For more information, visit http://www.friedkin.com.

 

SOURCE Auberge Resorts

Desert Riviera in Palm Springs Named Best Small Hotel in the United States

PALM SPRINGS, Calif., Oct. 8, 2020 /PRNewswire/ — Desert Riviera Hotel, an 11 room boutique hotel, has been recognized by Tripadvisor as the #1 Small Hotel in the United States in the 2020 Travelers’ Choice Best of the Best Awards. The hotel was also awarded in the…

PALM SPRINGS, Calif., Oct. 8, 2020 /PRNewswire/ — Desert Riviera Hotel, an 11 room boutique hotel, has been recognized by Tripadvisor as the #1 Small Hotel in the United States in the 2020 Travelers’ Choice Best of the Best Awards. The hotel was also awarded in the categories of Best Service in the US and Best Small Hotels in the World.

This is the second year in a row that Desert Riviera Hotel received the prestigious award. The hotel was previously named Best Small Hotel in the US in the 2019 Tripadvisor Travelers’ Choice Awards.

Nearby sister property Hotel California in Palm Springs was also named a 2020 Travelers’ Choice Best of the Best award winner for Romantic Hotels in the United States.

The 2020 Travelers’ Choice winners are based on Tripadvisor reviews and exemplify travelers’ ultimate favorites. The Best of the Best Awards represents the top 1% of hospitality businesses around the world.

To see traveler reviews, photos, and hotel information for Desert Riviera Hotel, visit https://www.tripadvisor.com/Hotel_Review-g32847-d633478-Reviews-Desert_Riviera_Hotel-Palm_Springs_Greater_Palm_Springs_California.html

About Desert Riviera Hotel
Desert Riviera is an exquisite yet cozy 11-room hotel that brings together iconic Palm Springs midcentury modern architecture with incredible service and gorgeous mountain views. Located on the popular south side of Palm Springs, the hotel offers a full range of complimentary amenities, including guest kitchen and barbecues, continental breakfast, locally roasted coffee, Apple TVs, and a 24-hour heated pool.

About Tripadvisor
Tripadvisor, the world’s largest travel platform, helps 463 million travelers each month make every trip their best trip. Travelers across the globe use the Tripadvisor site and app to browse more than 860 million reviews and opinions of 8.7 million accommodations, restaurants, experiences, airlines and cruises. Whether planning or on a trip, travelers turn to Tripadvisor to compare low prices on hotels, flights and cruises, book popular tours and attractions, as well as reserve tables at great restaurants. Tripadvisor, the ultimate travel companion, is available in 49 markets and 28 languages.

Media Contact
Maria Angelo
760-327-5314
256110@email4pr.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/desert-riviera-in-palm-springs-named-best-small-hotel-in-the-united-states-301148161.html

SOURCE Desert Riviera Hotel

Visit Allen Encourages Residents & Visitors to #SupportLocal Using Forward-Thinking, Mobile-Ready Technology

ALLEN, Texas, Oct. 8, 2020 /PRNewswire/ — Allen Convention & Visitors Bureau (Visit Allen) spearheaded the multi-agency effort of a Shop Local campaign that launched in July of 2020 with the agency of record, Destination Innovate. The core strategy of the campaign included plans for a savings pass, branded the…

ALLEN, Texas, Oct. 8, 2020 /PRNewswire/ — Allen Convention & Visitors Bureau (Visit Allen) spearheaded the multi-agency effort of a Shop Local campaign that launched in July of 2020 with the agency of record, Destination Innovate. The core strategy of the campaign included plans for a savings pass, branded the «Eat. Sip. Shop. PlayPass,» to offer savings to residents and visitors and stimulate the local economy during the COVID-19 pandemic.

The PlayPass is free to both passholders and to businesses physically located in Allen who choose to participate. Destination Innovate chose technology partner, Bandwango, to provide the technology and platform for the mobile, digital cloud-based pass, enabling Visit Allen to drive visitors to a «real-time» mobile-ready pass for savings from popular restaurants, retail stores, entertainment venues, and local service providers. 

«This is an exciting program for Visit Allen, our locals, visitors, meeting planners and businesses!» – Karen Cromwell, Director, Allen Convention & Visitors Bureau. «We are enjoying a surge in business and consumer participation and are thrilled to have the chance to utilize an innovative technology to interact with them.»

Digital savings in the PlayPass include offers such as: buy one, get one deals, increased savings, and free products for locals and visitors who redeem the offers through the mobile app.

The #ShopAllenTX campaign and Visit Allen will continue to promote the PlayPass and new offers as they are added each week to passholders, reminding them through text, in-app notifications, Facebook, and email of what’s new and ways they can take advantage of the savings. 

Visit Allen will also be part of the Allen Food + Wine Walk on November 7, 2020 at The Village at Allen; the first opportunity to showcase the PlayPass at a community-wide event since launch. Team members will have the chance to walk through the PlayPass with event goers, encourage shoppers to redeem offers at retailers within The Village at Allen, and build awareness about the savings ahead of the busy holiday shopping season.

«Destination Marketing Organizations like Visit Allen are recognizing the blurred lines in today’s marketing environment.» – Jennifer Barbee, Partner, Destination Innovate. «As the campaign managers of this program, we are excited to continue to support their forward-thinking efforts as more and more travelers are moving mobile.»

Media Inquiries:
Jennifer Barbee, Partner
Destination Innovate
256245@email4pr.com 
480-364-3215

Cision View original content:http://www.prnewswire.com/news-releases/visit-allen-encourages-residents–visitors-to-supportlocal-using-forward-thinking-mobile-ready-technology-301148525.html

SOURCE Visit Allen Texas

Automotive Manufacturers’ Focus to Produce Lightweight Vehicles Boosts Demand Avenues in Automotive Lightweight Materials Market: TMR

– Global automotive lightweight materials market is foreseen to develop at 7.2% CAGR in 2019 to 2027. Implementation of stringent government regulations to improve the vehicle fuel efficiency is major factor pushing market sales

– Asia Pacific holds major market share, and Japan and China expected to expand at rapid pace during assessment period

ALBANY, N.Y., Oct. 8, 2020…

– Global automotive lightweight materials market is foreseen to develop at 7.2% CAGR in 2019 to 2027. Implementation of stringent government regulations to improve the vehicle fuel efficiency is major factor pushing market sales

– Asia Pacific holds major market share, and Japan and China expected to expand at rapid pace during assessment period

ALBANY, N.Y., Oct. 8, 2020 /PRNewswire/ — Automotive lightweight materials are gaining traction across the worldwide automotive sector. One of the important reasons for this popularity is the ability of automotive lightweight materials to advance the fuel economy of automobiles. Similarly, these materials widely utilized to boost the safety as well as overall vehicle performance. Owing to all these factors, the global automotive lightweight materials market is estimated to grow at rapid speed in the years ahead.

Transparency Market Research Logo

TMR’s analysts highlight that the automotive lightweight materials market is likely expand at a CAGR of 7.2% during forecast period of 2019–2027. Major enterprises from the automotive industry are eyeing the development of vehicles with advanced fuel efficiency. As a result, they are growing use of automotive lightweight materials. This scenario depicts that the manufacturers of automotive lightweight materials will gain lucrative avenues in the years ahead.

Request for Covid-19 Impact Analysis on Automotive Lightweight Materials Market: https://www.transparencymarketresearch.com/Covid19.php

Key Findings of Automotive Lightweight Materials Market Report

  • The automotive lightweight materials market is estimated to show expansion at a CAGR of 7.2% during 2019 to 2027.
  • The total valuation of market was approximately US$ 149 Bn in 2018.
  • On regional front, Asia Pacific accounts for lion’s share in the market.
  • China and Japan are projected to boost the expansion of Asia Pacific automotive lightweight materials market during assessment period.
  • The global automotive lightweight materials market is highly fragmented in nature.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Automotive Lightweight Materials Market: Key Driving Factors and Promising Avenues

  • The global market is likely to grow at promising pace during the forecast period of 2019 to 2027. One of the important driving the market growth is growing demand for automotive lightweight materials in developing countries.
  • Automotive lightweight materials find application in the manufacturing of light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and passenger vehicles. Thus, growing demand for these vehicles is likely support the growth of automotive lightweight materials market in the forthcoming years.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/8509

  • The government bodies of major developing countries across the globe are implementing stringent regulations for automotive sector. They are compelling automakers to develop vehicles that offer enhanced fuel efficiency as well as follow all regulations related to vehicle emissions. As a result, automotive companies in these countries have increased demand for automotive lightweight materials. This factor is pushing the growth of the automotive industry are boosting the market.
  • In recent period, consumers across the globe are inclined toward the use of lightweight vehicles. As a result, automakers are finding ways to minimize the vehicle weight. Use of automotive lightweight materials helps to produce lightweight vehicle, which help in achieving improved fuel economy. This factor is generating tremendous demand opportunities in the global automotive lightweight materials market.

Purchase Premium Research Report on Automotive Lightweight Materials Market @ https://www.transparencymarketresearch.com/checkout.php

Automotive Lightweight Materials Market: Competitive Assessment

  • Major players operating in the global automotive lightweight materials market experience highly intense competitive landscape. Key reason attributed to this scenario is growing efforts of market enterprises to launch superior quality products.
  • Several vendors in the automotive lightweight materials market are boosting their production capabilities. This move is helping them to fulfill the rising market demand. At the same time, many players are using strategy of introducing new production plant to advance their production capabilities.
  • The list of important companies working in the automotive lightweight materials market includes Henkel AG & Co., KGaA, NovaCentrix, DuPont, Intrinsiq Materials, Inc., Vorbeck Materials Corporation, Inc, Johnson Matthey PLC, Heraeus Holding GmbH, Applied Ink Solutions, and Creative Materials Inc.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

The automotive lightweight materials market can be segmented as follows:

Material

  • Metal Alloys (Magnesium, Aluminum, and Titanium)
  • High-strength Steel (HSS, AHSS, UHSS)
  • Composites (Carbon Fiber, Glass Fiber, and Others)
  • Polymers (PP, PU, ABS, PVC, PA66, and Others)

Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

Application

  • Interior
  • Exterior
  • Structural
  • Powertrain
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,

Restorative Materials Market – In terms of value, the global & Asia Pacific restorative materials market is anticipated to expand at a CAGR of 7.5% from 2020 to 2030. Rise in demand for dental treatment is boosting the dental consumables segment. Dental consumables include dental restoratives, orthodontics, endodontics, and infection control products. The expansion of the dental consumables segment is driving the global restorative materials market. The restorative materials market is also expanding due to the rise in aging population, growth in number of dental clinics, increase in demand for cosmetic dentistry, and advancements in dental treatments.

Crusher Backing Materials Market – The demand for metals and minerals has been increasing in various industries. Investment in mining and exploration of these metals and minerals has increased over the past few years. This is boosting the use of crushers in the mining industry. These factors are estimated to drive the global crusher backing materials market during the forecast period. The construction industry in Asia Pacific is expanding at a rapid pace, due to the large number of projects in pipeline. This is anticipated to fuel the demand for metals, minerals, and construction aggregates in the region during the forecast period.

High Temperature Insulation Materials Market – Temperature-intensive applications require the usage of high temperature insulation (HTI) materials in order to minimize heat transfer, protect equipment from heat exposure, lower energy utilization, and reduce greenhouse gas emission. A wide range of fiber insulations are utilized in HTI applications, with varying properties such as density, form, flexibility, and fiber chemical composition. HTI materials work as effective thermal insulation materials with temperatures of 1000°C or above.

Grouting Materials Market – Grouting materials can be segmented based on type, end-user, and region. In terms of type, the grouting materials market can be divided into cement grout, clay grout, chemical grout, and jet injection grout. Cement grout is a type of grouting material that consists of hydraulic cement that readily reacts with water to form a compact product. Clay grout is a type of grouting material that uses bentonite clay for suspension of finely ground clay in water. Chemical grout uses formulations to react with water to form a gel.. Jet injection grout uses high pressure jets that radiate in voids for repairing of cracks, strengthening of damaged concrete, and filling gaps.

Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-lightweight-materials-market.htm 
Website: http://www.transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg 

Automotive Manufacturers’ Focus to Produce Lightweight Vehicles Boosts Demand Avenues in Automotive Lightweight Materials Market: TMR

– Global automotive lightweight materials market is foreseen to develop at 7.2% CAGR in 2019 to 2027. Implementation of stringent government regulations to improve the vehicle fuel efficiency is major factor pushing market sales

– Asia Pacific holds major market share, and Japan and China expected to expand at rapid pace during assessment period

ALBANY, N.Y., Oct. 8, 2020…

– Global automotive lightweight materials market is foreseen to develop at 7.2% CAGR in 2019 to 2027. Implementation of stringent government regulations to improve the vehicle fuel efficiency is major factor pushing market sales

– Asia Pacific holds major market share, and Japan and China expected to expand at rapid pace during assessment period

ALBANY, N.Y., Oct. 8, 2020 /PRNewswire/ — Automotive lightweight materials are gaining traction across the worldwide automotive sector. One of the important reasons for this popularity is the ability of automotive lightweight materials to advance the fuel economy of automobiles. Similarly, these materials widely utilized to boost the safety as well as overall vehicle performance. Owing to all these factors, the global automotive lightweight materials market is estimated to grow at rapid speed in the years ahead.

Transparency Market Research Logo

TMR’s analysts highlight that the automotive lightweight materials market is likely expand at a CAGR of 7.2% during forecast period of 2019–2027. Major enterprises from the automotive industry are eyeing the development of vehicles with advanced fuel efficiency. As a result, they are growing use of automotive lightweight materials. This scenario depicts that the manufacturers of automotive lightweight materials will gain lucrative avenues in the years ahead.

Request for Covid-19 Impact Analysis on Automotive Lightweight Materials Market: https://www.transparencymarketresearch.com/Covid19.php

Key Findings of Automotive Lightweight Materials Market Report

  • The automotive lightweight materials market is estimated to show expansion at a CAGR of 7.2% during 2019 to 2027.
  • The total valuation of market was approximately US$ 149 Bn in 2018.
  • On regional front, Asia Pacific accounts for lion’s share in the market.
  • China and Japan are projected to boost the expansion of Asia Pacific automotive lightweight materials market during assessment period.
  • The global automotive lightweight materials market is highly fragmented in nature.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Automotive Lightweight Materials Market: Key Driving Factors and Promising Avenues

  • The global market is likely to grow at promising pace during the forecast period of 2019 to 2027. One of the important driving the market growth is growing demand for automotive lightweight materials in developing countries.
  • Automotive lightweight materials find application in the manufacturing of light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and passenger vehicles. Thus, growing demand for these vehicles is likely support the growth of automotive lightweight materials market in the forthcoming years.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/8509

  • The government bodies of major developing countries across the globe are implementing stringent regulations for automotive sector. They are compelling automakers to develop vehicles that offer enhanced fuel efficiency as well as follow all regulations related to vehicle emissions. As a result, automotive companies in these countries have increased demand for automotive lightweight materials. This factor is pushing the growth of the automotive industry are boosting the market.
  • In recent period, consumers across the globe are inclined toward the use of lightweight vehicles. As a result, automakers are finding ways to minimize the vehicle weight. Use of automotive lightweight materials helps to produce lightweight vehicle, which help in achieving improved fuel economy. This factor is generating tremendous demand opportunities in the global automotive lightweight materials market.

Purchase Premium Research Report on Automotive Lightweight Materials Market @ https://www.transparencymarketresearch.com/checkout.php

Automotive Lightweight Materials Market: Competitive Assessment

  • Major players operating in the global automotive lightweight materials market experience highly intense competitive landscape. Key reason attributed to this scenario is growing efforts of market enterprises to launch superior quality products.
  • Several vendors in the automotive lightweight materials market are boosting their production capabilities. This move is helping them to fulfill the rising market demand. At the same time, many players are using strategy of introducing new production plant to advance their production capabilities.
  • The list of important companies working in the automotive lightweight materials market includes Henkel AG & Co., KGaA, NovaCentrix, DuPont, Intrinsiq Materials, Inc., Vorbeck Materials Corporation, Inc, Johnson Matthey PLC, Heraeus Holding GmbH, Applied Ink Solutions, and Creative Materials Inc.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

The automotive lightweight materials market can be segmented as follows:

Material

  • Metal Alloys (Magnesium, Aluminum, and Titanium)
  • High-strength Steel (HSS, AHSS, UHSS)
  • Composites (Carbon Fiber, Glass Fiber, and Others)
  • Polymers (PP, PU, ABS, PVC, PA66, and Others)

Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

Application

  • Interior
  • Exterior
  • Structural
  • Powertrain
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,

Restorative Materials Market – In terms of value, the global & Asia Pacific restorative materials market is anticipated to expand at a CAGR of 7.5% from 2020 to 2030. Rise in demand for dental treatment is boosting the dental consumables segment. Dental consumables include dental restoratives, orthodontics, endodontics, and infection control products. The expansion of the dental consumables segment is driving the global restorative materials market. The restorative materials market is also expanding due to the rise in aging population, growth in number of dental clinics, increase in demand for cosmetic dentistry, and advancements in dental treatments.

Crusher Backing Materials Market – The demand for metals and minerals has been increasing in various industries. Investment in mining and exploration of these metals and minerals has increased over the past few years. This is boosting the use of crushers in the mining industry. These factors are estimated to drive the global crusher backing materials market during the forecast period. The construction industry in Asia Pacific is expanding at a rapid pace, due to the large number of projects in pipeline. This is anticipated to fuel the demand for metals, minerals, and construction aggregates in the region during the forecast period.

High Temperature Insulation Materials Market – Temperature-intensive applications require the usage of high temperature insulation (HTI) materials in order to minimize heat transfer, protect equipment from heat exposure, lower energy utilization, and reduce greenhouse gas emission. A wide range of fiber insulations are utilized in HTI applications, with varying properties such as density, form, flexibility, and fiber chemical composition. HTI materials work as effective thermal insulation materials with temperatures of 1000°C or above.

Grouting Materials Market – Grouting materials can be segmented based on type, end-user, and region. In terms of type, the grouting materials market can be divided into cement grout, clay grout, chemical grout, and jet injection grout. Cement grout is a type of grouting material that consists of hydraulic cement that readily reacts with water to form a compact product. Clay grout is a type of grouting material that uses bentonite clay for suspension of finely ground clay in water. Chemical grout uses formulations to react with water to form a gel.. Jet injection grout uses high pressure jets that radiate in voids for repairing of cracks, strengthening of damaged concrete, and filling gaps.

Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-lightweight-materials-market.htm 
Website: http://www.transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg 

Automotive Manufacturers’ Focus to Produce Lightweight Vehicles Boosts Demand Avenues in Automotive Lightweight Materials Market: TMR

ALBANY, N.Y., Oct. 8, 2020 /PRNewswire/ — Automotive lightweight materials are gaining traction across the worldwide automotive sector. One of the important reasons for this popularity is the ability of automotive lightweight materials to advance the fuel economy of automobiles. Similarly, these materials widely utilized to boost the safety as well as overall vehicle performance. Owing to all these factors, the global <a target="_blank"…

ALBANY, N.Y., Oct. 8, 2020 /PRNewswire/ — Automotive lightweight materials are gaining traction across the worldwide automotive sector. One of the important reasons for this popularity is the ability of automotive lightweight materials to advance the fuel economy of automobiles. Similarly, these materials widely utilized to boost the safety as well as overall vehicle performance. Owing to all these factors, the global automotive lightweight materials market is estimated to grow at rapid speed in the years ahead.

Transparency Market Research Logo

TMR’s analysts highlight that the automotive lightweight materials market is likely expand at a CAGR of 7.2% during forecast period of 2019–2027. Major enterprises from the automotive industry are eyeing the development of vehicles with advanced fuel efficiency. As a result, they are growing use of automotive lightweight materials. This scenario depicts that the manufacturers of automotive lightweight materials will gain lucrative avenues in the years ahead.

Request for Covid-19 Impact Analysis on Automotive Lightweight Materials Market: https://www.transparencymarketresearch.com/Covid19.php

Key Findings of Automotive Lightweight Materials Market Report

  • The automotive lightweight materials market is estimated to show expansion at a CAGR of 7.2% during 2019 to 2027.
  • The total valuation of market was approximately US$ 149 Bn in 2018.
  • On regional front, Asia Pacific accounts for lion’s share in the market.
  • China and Japan are projected to boost the expansion of Asia Pacific automotive lightweight materials market during assessment period.
  • The global automotive lightweight materials market is highly fragmented in nature.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Automotive Lightweight Materials Market: Key Driving Factors and Promising Avenues

  • The global market is likely to grow at promising pace during the forecast period of 2019 to 2027. One of the important driving the market growth is growing demand for automotive lightweight materials in developing countries.
  • Automotive lightweight materials find application in the manufacturing of light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and passenger vehicles. Thus, growing demand for these vehicles is likely support the growth of automotive lightweight materials market in the forthcoming years.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/8509

  • The government bodies of major developing countries across the globe are implementing stringent regulations for automotive sector. They are compelling automakers to develop vehicles that offer enhanced fuel efficiency as well as follow all regulations related to vehicle emissions. As a result, automotive companies in these countries have increased demand for automotive lightweight materials. This factor is pushing the growth of the automotive industry are boosting the market.
  • In recent period, consumers across the globe are inclined toward the use of lightweight vehicles. As a result, automakers are finding ways to minimize the vehicle weight. Use of automotive lightweight materials helps to produce lightweight vehicle, which help in achieving improved fuel economy. This factor is generating tremendous demand opportunities in the global automotive lightweight materials market.

Purchase Premium Research Report on Automotive Lightweight Materials Market @ https://www.transparencymarketresearch.com/checkout.php

Automotive Lightweight Materials Market: Competitive Assessment

  • Major players operating in the global automotive lightweight materials market experience highly intense competitive landscape. Key reason attributed to this scenario is growing efforts of market enterprises to launch superior quality products.
  • Several vendors in the automotive lightweight materials market are boosting their production capabilities. This move is helping them to fulfill the rising market demand. At the same time, many players are using strategy of introducing new production plant to advance their production capabilities.
  • The list of important companies working in the automotive lightweight materials market includes Henkel AG & Co., KGaA, NovaCentrix, DuPont, Intrinsiq Materials, Inc., Vorbeck Materials Corporation, Inc, Johnson Matthey PLC, Heraeus Holding GmbH, Applied Ink Solutions, and Creative Materials Inc.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

The automotive lightweight materials market can be segmented as follows:

Material

  • Metal Alloys (Magnesium, Aluminum, and Titanium)
  • High-strength Steel (HSS, AHSS, UHSS)
  • Composites (Carbon Fiber, Glass Fiber, and Others)
  • Polymers (PP, PU, ABS, PVC, PA66, and Others)

Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

Application

  • Interior
  • Exterior
  • Structural
  • Powertrain
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,

Restorative Materials Market – In terms of value, the global & Asia Pacific restorative materials market is anticipated to expand at a CAGR of 7.5% from 2020 to 2030. Rise in demand for dental treatment is boosting the dental consumables segment. Dental consumables include dental restoratives, orthodontics, endodontics, and infection control products. The expansion of the dental consumables segment is driving the global restorative materials market. The restorative materials market is also expanding due to the rise in aging population, growth in number of dental clinics, increase in demand for cosmetic dentistry, and advancements in dental treatments.

Crusher Backing Materials Market – The demand for metals and minerals has been increasing in various industries. Investment in mining and exploration of these metals and minerals has increased over the past few years. This is boosting the use of crushers in the mining industry. These factors are estimated to drive the global crusher backing materials market during the forecast period. The construction industry in Asia Pacific is expanding at a rapid pace, due to the large number of projects in pipeline. This is anticipated to fuel the demand for metals, minerals, and construction aggregates in the region during the forecast period.

High Temperature Insulation Materials Market – Temperature-intensive applications require the usage of high temperature insulation (HTI) materials in order to minimize heat transfer, protect equipment from heat exposure, lower energy utilization, and reduce greenhouse gas emission. A wide range of fiber insulations are utilized in HTI applications, with varying properties such as density, form, flexibility, and fiber chemical composition. HTI materials work as effective thermal insulation materials with temperatures of 1000°C or above.

Grouting Materials Market – Grouting materials can be segmented based on type, end-user, and region. In terms of type, the grouting materials market can be divided into cement grout, clay grout, chemical grout, and jet injection grout. Cement grout is a type of grouting material that consists of hydraulic cement that readily reacts with water to form a compact product. Clay grout is a type of grouting material that uses bentonite clay for suspension of finely ground clay in water. Chemical grout uses formulations to react with water to form a gel.. Jet injection grout uses high pressure jets that radiate in voids for repairing of cracks, strengthening of damaged concrete, and filling gaps.

Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-lightweight-materials-market.htm 
Website: http://www.transparencymarketresearch.com

 

Cision View original content:http://www.prnewswire.com/news-releases/automotive-manufacturers-focus-to-produce-lightweight-vehicles-boosts-demand-avenues-in-automotive-lightweight-materials-market-tmr-301148601.html

SOURCE Transparency Market Research

Contactless Delivery of Parts and Services to Trigger a $75-Billion Market Opportunity in the Global Aftermarket Sector by 2025

Health and wellness in-car care and digitization will be key to mitigating the impact of COVID-19 on the industry, says Frost & Sullivan

SANTA CLARA, California, Oct. 8, 2020 /PRNewswire/ — According to Frost & Sullivan’s recent analysis, Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020, aftermarket revenue expanded by 4.1% in 2019. This was largely driven by a 3.2% growth in vehicles in operation,…

Health and wellness in-car care and digitization will be key to mitigating the impact of COVID-19 on the industry, says Frost & Sullivan

SANTA CLARA, California, Oct. 8, 2020 /PRNewswire/ — According to Frost & Sullivan’s recent analysis, Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020, aftermarket revenue expanded by 4.1% in 2019. This was largely driven by a 3.2% growth in vehicles in operation, with the contraction in global gross domestic product (GDP) growth stifling consumer expenditure on new vehicle purchases. For 2020, the market was initially forecasted to grow at a healthy 4%; however, following muted consumer demand and supply-chain disruptions caused by the COVID-19 pandemic, it is now expected to contract between 4.9% and 11.6%. New aftermarket demand pockets will rise from the need for customer safety and wellbeing, creating a $75-billion market opportunity for contactless delivery of parts and services by 2025.

Photo – https://mma.prnewswire.com/media/1309454/Global_Aftermarket_Performance_post_COVID_19.jpg  

For further information on this analysis, please visit: http://frost.ly/4i6 

«The global automotive aftermarket is at a crossroads and has severely impacted stakeholders at all levels. Supply chain reorientation, financial aid to channel partners and the digitization of traditional business models and services can help mitigate some of the adverse effects of the pandemic,» said Anuj Monga, Research Manager, Automotive & Transportation at Frost & Sullivan. «Increased awareness about the significance of social distancing and enhanced personal hygiene is expected to drive service providers to adopt digitization of the aftermarket ecosystem as customers will prefer contactless provision of services at their preferred locations, thus diminishing footfalls at workshops. A whole new segment of health and wellness in-car care is opening up and looks promising well beyond the immediate aftermath of the crisis.»

Monga added: «There is ample scope for turning adversity to advantage if appropriate investments are channeled towards the digitization of existing business models. E-retailing of parts and accessories, the uberization of vehicle services on aggregator platforms, and on-demand services are expected to be bright spots in an otherwise dismal business environment.»

The global aftermarket performance is expected to temporarily shrink post-COVID-19. However, to mitigate risks, companies in this sector should take advantage of the growth opportunities by:

  • Investing in eCommerce solutions for the e-retailing of replacement parts and accessories. Aftermarket online retailing is forecast to grow between 15% and 17% in the next five years globally.
  • Creating platforms for the digital retailing of vehicle service jobs, both for repair and maintenance requirements. This would help extend visibility to out-of-warranty customers and soften the impact of reduced new vehicle sales.
  • Offering on-demand services such as fuel delivery, oil change, tire services, maintenance, and cleaning. Such solutions work around customer apprehensions regarding workshop safety while offering the added convenience of ordering a vehicle service at the location of their choice.
  • Developing products such as cabin air filters, in-vehicle sanitizers, driver PPE, and even solutions targeted at workshop sanitization and technician safety. Parts, accessories, and services related to the hygiene and in-car care of commuters are expected to generate $2.2 billion in the next four to five years.

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020 is part of Frost & Sullivan’s global Automotive and Transportation Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020
K527-18

Contact:

Zuzana Zukarnain
Corporate Communications
Phone: +60192657808
Email: zuzana.zukarnain@frost.com

http://www.frost.com

Contactless Delivery of Parts and Services to Trigger a $75-Billion Market Opportunity in the Global Aftermarket Sector by 2025

Health and wellness in-car care and digitization will be key to mitigating the impact of COVID-19 on the industry, says Frost & Sullivan

SANTA CLARA, California, Oct. 8, 2020 /PRNewswire/ — According to Frost & Sullivan’s recent analysis, Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020, aftermarket revenue expanded by 4.1% in 2019. This was largely driven by a 3.2% growth in vehicles in operation,…

Health and wellness in-car care and digitization will be key to mitigating the impact of COVID-19 on the industry, says Frost & Sullivan

SANTA CLARA, California, Oct. 8, 2020 /PRNewswire/ — According to Frost & Sullivan’s recent analysis, Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020, aftermarket revenue expanded by 4.1% in 2019. This was largely driven by a 3.2% growth in vehicles in operation, with the contraction in global gross domestic product (GDP) growth stifling consumer expenditure on new vehicle purchases. For 2020, the market was initially forecasted to grow at a healthy 4%; however, following muted consumer demand and supply-chain disruptions caused by the COVID-19 pandemic, it is now expected to contract between 4.9% and 11.6%. New aftermarket demand pockets will rise from the need for customer safety and wellbeing, creating a $75-billion market opportunity for contactless delivery of parts and services by 2025.

Photo – https://mma.prnewswire.com/media/1309454/Global_Aftermarket_Performance_post_COVID_19.jpg  

For further information on this analysis, please visit: http://frost.ly/4i6 

«The global automotive aftermarket is at a crossroads and has severely impacted stakeholders at all levels. Supply chain reorientation, financial aid to channel partners and the digitization of traditional business models and services can help mitigate some of the adverse effects of the pandemic,» said Anuj Monga, Research Manager, Automotive & Transportation at Frost & Sullivan. «Increased awareness about the significance of social distancing and enhanced personal hygiene is expected to drive service providers to adopt digitization of the aftermarket ecosystem as customers will prefer contactless provision of services at their preferred locations, thus diminishing footfalls at workshops. A whole new segment of health and wellness in-car care is opening up and looks promising well beyond the immediate aftermath of the crisis.»

Monga added: «There is ample scope for turning adversity to advantage if appropriate investments are channeled towards the digitization of existing business models. E-retailing of parts and accessories, the uberization of vehicle services on aggregator platforms, and on-demand services are expected to be bright spots in an otherwise dismal business environment.»

The global aftermarket performance is expected to temporarily shrink post-COVID-19. However, to mitigate risks, companies in this sector should take advantage of the growth opportunities by:

  • Investing in eCommerce solutions for the e-retailing of replacement parts and accessories. Aftermarket online retailing is forecast to grow between 15% and 17% in the next five years globally.
  • Creating platforms for the digital retailing of vehicle service jobs, both for repair and maintenance requirements. This would help extend visibility to out-of-warranty customers and soften the impact of reduced new vehicle sales.
  • Offering on-demand services such as fuel delivery, oil change, tire services, maintenance, and cleaning. Such solutions work around customer apprehensions regarding workshop safety while offering the added convenience of ordering a vehicle service at the location of their choice.
  • Developing products such as cabin air filters, in-vehicle sanitizers, driver PPE, and even solutions targeted at workshop sanitization and technician safety. Parts, accessories, and services related to the hygiene and in-car care of commuters are expected to generate $2.2 billion in the next four to five years.

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020 is part of Frost & Sullivan’s global Automotive and Transportation Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Digital Business Models Mitigating COVID-19 Implications on Global Aftermarket Performance in 2020
K527-18

Contact:

Zuzana Zukarnain
Corporate Communications
Phone: +60192657808
Email: zuzana.zukarnain@frost.com

http://www.frost.com

Reservations Open For Carnival Celebration Debuting In 2022, As Part Of Carnival Cruise Line’s 50th Birthday

MIAMI, Oct. 8, 2020 /PRNewswire/ — Reservations are now open for Carnival Celebration, Carnival Cruise Line’s newest ship set to debut in November 2022 as part of the company’s 50th birthday.

A sister to the line’s first XL-class ship, Mardi Gras, Carnival Celebration will debut with an inaugural 14-day Carnival Journeys cruise Nov. 6, 2022, followed by the launch of year-round service…

MIAMI, Oct. 8, 2020 /PRNewswire/ — Reservations are now open for Carnival Celebration, Carnival Cruise Line’s newest ship set to debut in November 2022 as part of the company’s 50th birthday.

A sister to the line’s first XL-class ship, Mardi Gras, Carnival Celebration will debut with an inaugural 14-day Carnival Journeys cruise Nov. 6, 2022, followed by the launch of year-round service from PortMiami Nov. 21, 2022.  The addition of Carnival Celebration to Miami will maintain PortMiami’s position as the top embarkation port for Carnival Cruise Line.

Carnival Celebration will include many of the features that have made Mardi Gras one of the most anticipated ships in cruising, including BOLT, the first roller coaster at sea, along with other unique design features created specifically for this vessel. 

Carnival’s 50th Birthday celebration kicks off in March 2022 – the company’s birthday month – with a series of commemorative sailings that will feature special entertainment and itineraries and continuing all year long, culminating with Carnival Celebration’s arrival in November.  Additional information on the March 2022 sailings is available at www.carnival.com/sailabration.

«Carnival Celebration promises to be a spectacular addition to our fleet – just in time for our 50th birthday – and we’ve put together a terrific array of itineraries kicking off with a two-week-long inaugural transatlantic cruise and then year-round Caribbean sailings from PortMiami featuring some of the most beautiful and popular destinations in the region,» said Christine Duffy, president of Carnival Cruise Line.  

Inaugural Transatlantic Crossing

Carnival Celebration will debut with a 14-Day Carnival Journeys transatlantic crossing departing Southampton Nov. 6 and arriving in Miami Nov. 20, 2022.  Featured ports on this two-week-long seagoing adventure include La Coruña and Vigo, Spain; Funchal (Maderia), Portugal; and Tenerife (Canary Islands), Spain.  Carnival Journeys cruises offer unique activities where guests can sample local cuisine and enjoy entertainment and cultural opportunities, along with cooking, arts and crafts and other special activities.

Exciting Addition to PortMiami

Once in Miami, Carnival Celebration will offer a special six-day Thanksgiving cruise visiting Grand Turk, Amber Cove and Nassau Nov. 21-27, 2022, then begin its year-round seven-day Caribbean cruise rotation on Nov. 27, 2022, offering week-long voyages departing Sundays to the eastern and western Caribbean.  Eastern Caribbean cruises call at Amber Cove, Dominican Republic; San Juan, Puerto Rico; and St. Thomas, U.S.V.I. or St. Maarten, N.A., while the western Caribbean route features Cozumel and Costa Maya, Mexico; and Mahogany Bay, Isla Roatan.  

Two special eight-day cruises will depart Dec. 11 and Dec. 19, 2022 featuring stops at Grand Turk, Amber Cove, San Juan and St. Thomas, while a one-time five-day cruise to Amber Cove and Grand Turk will operate Jan. 3-8, 2023.

Additional Information and Reservations

More information on Carnival Celebration is available here.  To make a reservation on Carnival Celebration or any other of Carnival Cruise Line’s ships, contact any travel agent, call 1-800-CARNIVAL or visit www.carnival.com. 

Cision View original content:http://www.prnewswire.com/news-releases/reservations-open-for-carnival-celebration-debuting-in-2022-as-part-of-carnival-cruise-lines-50th-birthday-301148595.html

SOURCE Carnival Cruise Line