DETROIT, March 15, 2017 (GLOBE NEWSWIRE) -- Stratview Research announces the addition of a new market research report on Global Automotive Air Intake Manifold Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Manifold Type (Standard and Variable), by Material Type (Composites [Lost Core, Shell, and Others], Aluminum, and Others), by Manufacturing Process (Injection Molding and Casting), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022.
The Global Automotive Air Intake Manifold Market: Highlights
As per Stratview Research, the global air intake manifold market offers a sustainable growth of 3.7% CAGR during the forecast period of 2017 to 2022 and reach US $3,250 million in 2022, which offers an opportunity to the automotive industry players to align themselves with the market growth.
There are several factors bolstering the growth of air intake manifold market in the automotive industry. The author of the report cited organic growth in the automobile production owing to increasing disposable income and growing urbanization, and increasing demand for lightweight air intake manifold to reduce the overall vehicle weight for achieving stringent government regulations, such as CAFÉ standards as some of the major growth drivers of the market.
The author of the report cited that Short Fiber Thermoplastic (SFT) based composites are most widely preferred in the global automotive air intake manifold market. It offers multiple benefits over competing materials, such as low part cycle time, ability to manufacture complex products, recyclability, good surface finish, excellent strength to weight ratio, lightweight, and excellent temperature resistance. Composites based air intake manifold is projected to further capture the market share of traditional metals during the forecast period.
Variable intake manifold is expected to experience higher growth over the next five years as it offers several benefits over standard manifolds, such as high engine output by switching intake ports as per driving conditions and improved fuel economy.
As per the research report, injection molding is likely to remain the most dominant process in the global automotive air intake manifold market over the next five years. Composites, the largest material type for air intake manifold, heavily rely on the injection molding process.
Asia-Pacific is expected to remain the largest air intake manifold market during the forecast period. The region is also expected to experience the highest growth over the next five years. Increasing automotive production, mainly in China and India, is likely to drive the demand of air intake manifold in the region.
The key global automotive air intake manifold manufacturers are Mann+Hummel Group, Mahle GmbH, Magneti Marelli S.p.A., Aisin Seiki Co., Ltd, Röchling Automotive, and Honda Foundry Co., Ltd. Lightweight product and strategic alliances are some of the key strategies adopted by the major players to gain competitive edge in the market.
Report Features
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Please click on the below link for a free sample on the report:
Free sample for market research report on global automotive air intake manifold market.
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