Press Releases from Lucintel (355 total)
Lucintel identifies and prioritizes opportunities for growth in the airbag for a …
According to a new market report published by Lucintel, the future of airbags in the global automotive industry looks good with strict governmental regulations on vehicle safety and increasing vehicle production. Airbags in the global automotive industry is forecast to grow at a CAGR of 4.6% from 2016 to 2021. The major drivers of growth for this market are governmental regulations on safety standard, increasing number of traffic fatalities, increasing…
Lucintel identifies and prioritizes opportunities for growth in the global comme …
According to a new market report published by Lucintel, the future of the global commercial airport baggage handling system market looks good with opportunities in the conveyor system, scanner, and sorting device market. The global commercial airport baggage handling system market is forecast to grow at a CAGR of 4.0% from 2016 to 2021. The major drivers of growth for this market are construction of new airport terminals and the…
Malaysia's strategic location and its welcoming attitude to foreign investment, …
The Malaysian economy is dominated by service sector; it contributed approximately 56.6% to the total GDP in 2015. Wholesale and retail mainly contributed 17.5% in 2015, followed by finance and real estate that combinedly contributed 11.3% to the service sector. The government is implementing structural reforms in the energy sector, which will improve the business climate of the country. The government has increased its spending on infrastructure projects, telecommunications, and…
Strong Expansionary Policy, Stable Government, and Strategic Location of the cou …
The Polish economy is dominated by service sector which contributed approximately 65% to the total GDP in 2015. The major contributors of service sector are trade repairs of motor vehicle, professional, and technical services. The GDP growth rate of Poland was hampered by the global financial crisis and recession in 2009, and it declined to 2.6%. Poland was the only EU economy which showed positive GDP growth during the recessionary…
Lucintel anticipates high demand for lightweight vehicles to drive aluminum grow …
Aluminum in global automotive industry is expected to grow at a CAGR of 7.4% during 2015-2020. High demand for lightweight vehicles increases the demand for aluminum in the automotive industry. The demand for lightweight vehicles is highly influenced by factors, such as high fuel price, government regulations (CAFÉ and Euro emission standards), and environmental impacts (carbon footprint). Aluminum is the fastest-growing materials in the automotive industry as it offers the…
Lucintel identifies and prioritizes opportunities for growth of adhesives in the …
According to a new market report published by Lucintel, the future of adhesives in the global composites industry looks attractive with opportunities in the automotive, aerospace, wind energy, marine, and other industries. Lucintel forecasts that adhesives in the global composites industry will grow at a CAGR of 7.3% from 2015 to 2020. The major drivers of growth for this market are the growth of end use industries, increasing focus of…
“Global Composites Industry Set to Soar” says Sanjay Mazumdar at the CAMX 20 …
“The global composites industry is set to soar. There are plenty of opportunities emerging in various industries,” said Dr. Sanjay Mazumdar, CEO of Lucintel at the CAMX session on the Global State of the Composites Industry in Anaheim, California on Sept. 27, 2016. “We have been on the runway for a long time, but now we’re ready to take off,” said Dr. Mazumdar.
Speaking at the CAMX session, Dr. Mazumdar…
Opportunities for automotive telematics to reach $55.3 billion by 2021
According to a new market report published by Lucintel, the future of the global automotive telematics industry looks promising with opportunities in the passenger car and light commercial vehicle. The global automotive telematics market is expected to reach an estimated $55.3 billion by 2021. The global automotive telematics market is forecast to grow at a CAGR of 27.4% from 2016 to 2021. The major drivers of growth for this market…
Opportunities for unit load device to reach $166.5 million by 2021
According to a new market report published by Lucintel, the future of the global unit load device market looks bright with opportunities in both the civil and military markets. The global unit load device market is forecast to grow at a CAGR of 3.4% from 2016 to 2021. The major growth drivers of this market are increasing passenger traffic, increasing imports and exports, and a rise in the deliveries of…
Opportunities for global aramid fiber market to reach $3.8 billion by 2021
According to a new market report published by Lucintel, the future of the global aramid fiber market looks bright, with opportunities in the aerospace, automotive, protective clothing, electronics and telecommunication. The global aramid fiber market is expected to reach an estimated $3.8 billion by 2021 and it is forecast to grow at a CAGR of 6.2% from 2016 to 2021. The major drivers of growth for this market are increasing…
Opportunities for HVAC insulation market to reach $5.2 billion by 2021
According to a new market report published by Lucintel, the future of the HVAC insulation market looks good with opportunities in the residential and non-residential segments. The global HVAC insulation market is expected to reach an estimated $5.2 billion by 2021 and is forecast to grow at a CAGR of 5.2% from 2016 to 2021. The major drivers of growth for this market are the growth in HVAC system and…
Lucintel identifies and prioritizes opportunities for growth in the carbon black …
According to a new market report published by Lucintel, the future of the United States carbon black market looks good with opportunities in the tire, non-tire rubber, plastic, coating, and ink applications. The United States carbon black market is forecast to grow at a CAGR of 4.2% from 2016 to 2021. The major drivers of growth for this market are the strong demand for carbon black from tire and industrial…
Lucintel has identified growth opportunities in the global automotive TPMS marke …
According to a new market report published by Lucintel, the future of the global automotive TPMS market looks attractive with opportunities in the passenger car and light commercial vehicle. The global automotive TPMS market is expected to reach an estimated $3.4 billion by 2021 at a CAGR of 12.6% from 2016 to 2021. The major drivers of growth for this market are increasing passenger car production and government regulations on…
Opportunities for automotive MEMS sensors to reach $3.6 billion by 2021
According to a new market report published by Lucintel, the future of the global automotive MEMS sensor market looks good with opportunities in the pressure sensor, accelerometer, gyroscope, and others. The global automotive MEMS market is expected to reach an estimated $3.6 billion by 2021 and is forecast to grow at a CAGR of 5.4% from 2016 to 2021. The major drivers of growth for this market are continuous increases…
Lucintel identifies and prioritizes opportunities for growth in global steam tur …
According to a new market report published by Lucintel, the future of the global steam turbine market looks good with opportunities in coal-fired, gas-fired, and nuclear energy based power generation. The global steam turbine market for power generation is expected to reach an estimated $18.5 billion by 2021 at a CAGR of 2.3% during the forecast period (from 2016 to 2021). The major drivers for the growth of this market…
Lucintel identifies and prioritizes opportunities for growth of adhesives in the …
According to a new market report published by Lucintel, the future of adhesives in the Canadian automotive industry looks attractive with opportunities in the passenger car and light commercial vehicle segments. Adhesives in the Canadian automotive industry are forecast to grow at a CAGR of 4.2% by value from 2016 to 2021. The major driver for growth of this market is increase in the demand for lightweight materials in the…
Lucintel identifies and prioritizes opportunities for growth in the global foam …
According to a new market report published by Lucintel, the future of the global foam core materials market looks good with opportunities in the wind energy, marine, construction, and transportation industries. The global foam core materials market is forecast to grow at a CAGR of 6.2% from 2016 to 2021. The major driver for the growth of this market is increasing demand for composite materials in the end use industries.…
Lucintel identifies and prioritizes opportunities for growth of adhesives in the …
According to a new market report published by Lucintel, the future of adhesives in the South Korean automotive industry looks good with opportunities in the passenger car and light commercial vehicle segments. Adhesive in the South Korean automotive industry is forecast to grow at a CAGR of 6.8% by value from 2016 to 2021. The major drivers for growth of this market are growth in the production of light commercial…
Lucintel identifies and prioritizes opportunities for growth of adhesives in the …
According to a new market report published by Lucintel, the future of adhesives in the Brazilian automotive industry looks good with opportunities in the passenger car and light commercial vehicles. Adhesives in the Brazilian automotive industry are expected to reach an estimated $215 million by 2021. Adhesives in the Brazilian automotive industry are forecast to grow at a CAGR of 7.7% by value from 2016 to 2021. The major drivers…
Strong Development Plan and Diversification of the Non-Oil Sector will Boost Eco …
The Oman economy is dominated by industrial sector which contributed approximately 54.9% to the total GDP in 2015. Mining and quarrying is the major contributing sector with 21.2% of the country’s GDP. Oman is expected to start a number of large infrastructure projects, including the building of roads, trade and industrial centers, hospitals, and airports. Oman has the 9th (five year) Development Plan, which provides direction for prioritizing capital expenditure,…
Lucintel identifies and prioritizes opportunities for growth in the Indian compo …
According to a new market report published by Lucintel, the future of the Indian composites market looks attractive with opportunities in the electrical and electronic, wind energy, pipe and tank, transportation, and construction industries. The Indian composites market is expected to reach an estimated $2.0 billion by 2021. The Indian composites market is forecast to grow at a CAGR of 14.1% by value from 2016 to 2021.The major driver for…
Lucintel identifies and prioritizes opportunities for growth in the water treatm …
According to a new market report published by Lucintel, the future of the water treatment chemicals market looks good with opportunities in the oil & gas, power generation, metal & mining, and food & beverages segments. The global water treatment chemicals market is forecast to grow at a CAGR of 3.4% from 2016 to 2021. The major drivers of growth for this market are improving water quality standard and increasing…
Lucintel identifies and prioritizes opportunities for composites in global oil a …
According to a new market report published by Lucintel, the future of composites in the global oil and gas market looks good, with opportunities in the pipe, tank, pultruded products, and others. The composites end product market for global oil and gas is expected to reach an estimated $1.6 billion by 2021. Composites in oil and gas market are forecast to grow at a CAGR of 4.3% by value from…
Lucintel identifies and prioritizes opportunities for alumina trihydrate (ATH) f …
According to a new market report published by Lucintel, the future of the alumina trihydrate (ATH) fillers market looks good with opportunities in the electrical and electronics and transportation applications for the composites industry. Alumina trihydrate (ATH) flame retardants in the global composites industry is forecast to grow at a CAGR of 4.9% by value from 2016 to 2021. The major drivers of growth for this market are the increasing…
Lucintel identifies and prioritizes opportunities for growth in the Middle East …
According to a new market report published by Lucintel, the future of the Middle East FRP pipe market looks good with opportunities in the water/wastewater, chemical/industrial, and onshore oil and gas industries. The Middle East FRP (fiber reinforced plastic) pipe market is forecast to grow at a CAGR of 3.7% by value from 2016 to 2021.The major drivers of growth for this market are increase in construction of water…
Lucintel identifies and prioritizes opportunities for growth in the specialty ca …
According to a new market report published by Lucintel, the future of the specialty carbon black market looks good with opportunities in the plastic and coating applications. The global specialty carbon black market is forecast to grow at a CAGR of 6.7% from 2016 to 2021. The major drivers of growth for this market are increased automotive production and growth in construction industry.
In this market, specialty carbon black is used…
Lucintel identifies and prioritizes opportunities for growth in the Chinese carb …
According to a new market report published by Lucintel, the future of the Chinese carbon fiber market looks good, with opportunities in the sporting goods, aerospace, and industrial applications. The Chinese carbon fiber market is forecast to grow at a CAGR of 6.1% by value from 2016 to 2021. The major drivers of growth for this market are growing demand of high strength, stiffness, and lightweight material in end uses…
Lucintel: Opportunities for growth of glass fiber market
According to a new market report published by Lucintel, the future of the glass fiber market in the Middle East region looks good with opportunities in the pipe and tank, construction, transportation, marine and others. The glass fiber market in Middle East region is forecast to grow at a CAGR of 5.0% by value from 2016 to 2021. The major driver for market growth is the rise in demand for…
Lucintel identifies and prioritizes opportunities in the global connector indust …
According to a new market report published by Lucintel, the future of the connector industry looks good with opportunities in the transportation, telecom/datacom, computer and peripherals, and industrial segments. The global connector industry is forecast to grow at a CAGR of 5.1% by value from 2016 to 2021. The major drivers of growth for this market are the increasing demand of connectors from 3C application (Computers, communications, and consumer electronics)…
Lucintel identifies and prioritizes opportunities for growth in the global autom …
According to a new market report published by Lucintel, the future of the global automotive filter market looks good with opportunities in the OEM and aftermarkets. The global automotive filter market is forecast to grow at a CAGR of 4.9% from 2016 to 2021. The major drivers of growth for this market are increase in the production of vehicles, increasing focus of vehicle owners on preventive maintenance, increasing average age…
Lucintel identifies and prioritizes opportunities for growth in the global aeros …
According to a new market report published by Lucintel, the future of the aerospace tire industry looks positive with opportunities in commercial, regional aircraft, general aviation, helicopter and military aircraft segment. The global aerospace tire industry is forecast to grow at a CAGR of 3.9% from 2016 to 2021. The major growth drivers of this market are increase in aircraft delivery and increase in the frequency of flights.
In this market,…
Lucintel identifies and prioritizes opportunities for growth in the global glass …
According to a new market report published by Lucintel, the future of the glass mat thermoplastic (GMT) market looks good with opportunities in the automotive industry. The global glass thermoplastics market is forecast to grow at a CAGR of 5.6% from 2016 to 2021. The major drivers for the growth of this market are increasing use for lightweight materials, growing end-use industries, recyclability, and ease of processing of GMT.
In this…
Lucintel Estimates the Glass Fiber Market in Indian Composites Industry to Grow …
Glass fiber are used for a variety of applications, such as, pipe & tank, wind energy, transportation, construction, marine, and electrical & electronics in the Indian composites industry. The global economic recovery, strong growth of industrial production, and growth in construction industry in India is expected to drive this market. The glass fiber market in Indian composites industry is expected to grow at a CAGR of 15.3% during 2013-2018. Pipe…
Lucintel Anticipates the Agrochemicals Industry to Grow at a CAGR of 3.2% over t …
The increasing demand for food and growing awareness associated with the benefits of fertilizers and pesticides in crop production are the major driving forces of the industry. The use of the latest technologies to increase farm production and increasing government investments in agriculture to increase crop yields provide huge opportunities to this market. The fertilizers segment will remain the largest segment in the agrochemicals industry during the forecast period.
The…
Lucintel Estimates China Carbon Fiber Market to Grow at a CAGR of 7.6% over 2013 …
Carbon fiber applications are on the rise in the composites industry, as manufacturers in different application industries are increasingly adopting this versatile material. Major usage of carbon fiber in China can be found in sporting goods, aerospace, and industrial applications. The sporting goods industry is the largest consumer of carbon fiber, followed by industrial and aerospace segments.
Carbon fiber is ideal for sporting goods, aerospace, and industrial markets due to its…
Lucintel Anticipates Composites in the North American Automotive Market to Grow …
Composite materials are used in passenger cars and trucks, primarily under the hood and in interiors. The major applications of composite materials in automotive are interior headliners, fenders, pickup boxes, door modules, instrument panels, running boards, and front-end carriers. Composite materials are being used increasingly in the automotive industry due to their strength, quality, and light weight.
Recovering global economy, revitalizing auto industry, and increasing demand for better fuel economy are…
Lucintel identifies and prioritizes opportunities for growth in the global short …
According to a new market report published by Lucintel, the future of the short fiber thermoplastic (SFT) composites market looks attractive with opportunities in the transportation, consumer goods, and electrical/electronics industries. The global short fiber thermoplastics market is forecast to grow at a CAGR of 4.5% from 2016 to 2021. The major drivers for the growth of this market are recyclability, ease of processing, and better capability of making parts…
Lucintel identifies and prioritizes opportunities for calcium carbonate filler i …
According to a new market report published by Lucintel, the future of the calcium carbonate filler market looks good with opportunities in the composites industry for the transportation and construction segments. Calcium carbonate filler in the global composites industry is forecast to grow at a CAGR of 5.4% by value from 2015 to 2020. The major drivers of growth for this market are the increasing demand for sheet molding and…
Lucintel Anticipates the BRIC Composites Market to Grow at a CAGR of 6.9% over 2 …
Composites are used in a variety of markets, such as transportation, construction, marine, wind energy, aerospace, electrical and electronics, and pipe and tank. China has been the top market among the BRIC countries in terms of total composites consumption, whereas India depicted the highest growth rate in 2013 due to rapidly increasing demand from the end user industries.
The major growth drivers of composite materials in BRIC countries are the increasing…
Lucintel Anticipates the Global Bioplastics Industry to Witness Significant Grow …
Bioplastics are used in a variety of applications, such as beverage bottles, disposable utensil, agriculture, food services, consumer electronics, and household appliances. Increasing usage of bioplastics in a number of markets, such as packaging, catering products, consumer electronics, agriculture, horticulture, toys, and textiles is expected to drive the growth of the bioplastics market in the future. The starch-based bioplastics market will be the largest market segment in terms of value…
Lucintel anticipates new ergonomic designs and cabin styling to steer growth of …
The global commercial aerospace seating market is expected to grow at a CAGR of 5.2% over 2015-2020. An increase in the number of aircraft deliveries, increasing global air traffic & passenger seating capacity, retrofitting of seats and requirement of stronger, durable, aesthetically appealing seats are all adding to the growth of this market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global commercial aerospace seating…
Lucintel anticipates technology breakthroughs and new product introductions with …
The global polymer industry is expected to grow at a CAGR of 3.9% from 2015 to 2020. The demand for polymers is driven by growth in end use markets, such as packaging, building & construction, consumer goods, horticulture, automotive, rail transport, electronics and telecommunications. Polymers are continuously substituting metals, glass, paper, and other traditional materials in various applications due to their lightweight, strength and design flexibility along with low-cost. The…
Lucintel Report Forecasts Composite CNG Tanks Market to Reach $524 Million by 20 …
Growth in the natural gas vehicles has driven the composite CNG tanks in the automotive industry. Composite CNG tanks are lightweight which results into fuel efficiency of the vehicles which drive the market. Europe has been the top region in terms of total CNG tanks demand whereas ROW saw the highest growth rate due to rapidly increasing demand for alternative fuel powered vehicles and small base phenomena. Total worldwide composite…
Lucintel’s PESTLE Analysis of Japan 2013: Country to Grow at Declining Rate ov …
The GDP of the third largest economy in the world, Japan, is expected to grow at a declining rate and reach an estimated $5.94 trillion by 2018 at the current price. Decrease in domestic consumption as a result of declining population is expected to affect the economic growth. The country, however, will be benefitted from significant exports due to recovery of the US economy and depreciating yen against the US…
Lucintel Projects Global Defense Land Vehicle Industry to Grow at a CAGR of 1.7% …
Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defense land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown. Lucintel expects a flat growth in the industry considering the recent cuts in defense budgets, in North America and Europe, with increasing demand from developing nations. Global…
Lucintel’s PESTLE Analysis of Japan 2013: Country to Grow at Declining Rate ov …
The GDP of the third largest economy in the world, Japan, is expected to grow at a declining rate and reach an estimated $5.94 trillion by 2018 at the current price. Decrease in domestic consumption as a result of declining population is expected to affect the economic growth. The country, however, will be benefitted from significant exports due to recovery of the US economy and depreciating yen against the US…
Lucintel Anticipates Growing Demand for Oil and Gas Storage Systems to be the Dr …
Growing demand for oil and gas storage systems, and expansion of chemical plants are likely to boost the global FRP tank market. Lucintel expects moderate growth in the market, especially in APAC region which is observing high demand for FRP tanks. Global FRP tank market is expected to reach $2,165 million in 2018 promising a huge opportunity for the firms operating across the value chain of global FRP tank market.
Lucintel,…
Lucintel’s PESTLE Analysis of Chile 2014: External Demand and Domestic Consump …
Increase in external as well as domestic demand is expected to boost high economic growth of Chile. As the country is having world’s third largest copper reserves, so increase in copper prices will also have significant positive impact on the economic growth of Chile. Chilean economy is likely to grow to $283.7 billion at the current price by 2019, with a CAGR of 5.5% during 2014 to 2019. Economic…
Lucintel’s PESTLE Analysis of Nigeria 2013: Growth in Telecom, Construction, a …
The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy, particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well…
Lucintel’s Analysis: Smartphones and Next Generation Consoles to Drive Global …
The global gaming software industry witnessed strong growth during the last five years and is expected to continue the same growth momentum and reach an estimated $80.7 billion by 2018. Due to lack of direct alternative for gaming software, the industry is expected to flourish as long as smartphones, consoles, and handheld gaming devices exist. The next generations of consoles will further boost the industry over the forecast period.
Lucintel, a…
