Global Spray Drying Equipment Market is valued USD XX billion in 2016 is anticipated to grow USD XX billion with the compounded annual growth of 6.0 % over the forecast period 2017-2025.
New York 6 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Automotive Advanced Shifter System Market industry is poised to raise USD XX billion by 2025. Automatic Shifter, and Shift By Wire (SBW) are the main Technology of the Automotive Advanced Shifter System Market. End Applications market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade The regional level applications are further segmented into End user based on their usage in respective applications..
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are – Konsberg, Automotive, Stoneridge, Fuji Kiko, Dura, Kuster, Kostal,GHSP, Silatech SRL, Atsumitec, & ZF. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requiging market trendrements.
Key findings of the study:
- Rising penetration of shift-by-wire systems.
- Vehicle makers are increasingly replacing mechanical components with electronics to increase the efficiency of transmission systems
- Biggest Challenge in the market is increased demand for affordable vehicles.
Bizwit Research & Consulting LLP has considered following segments for the study:
By Technology :
- Automatic Shifter
- Shift-By-Wire (SBW)
- Can Module
- Electronic Control Unit (ECU)
- Solenoid Actuator
By Vehicle Type:
- Light Duty Vehicle (LDV)
- Commercial Vehicle
By Electrical Vehicle:
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- Plug-In Hybrid Electric Vehicle
- North America
- Asia Pacific
- Latin America
- Rest of the World