Technavio has been monitoring the automotive vents market and it is poised to grow by USD 1.30 billion during 2021-2025, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210121005607/en/
Technavio has announced its latest market research report titled Global Automotive Vents Market 2021-2025 (Graphic: Business Wire)
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive vents market. The market growth in 2021 is likely to increase compared to market growth in 2019.
Frequently Asked Questions:
Based on segmentation by the component, which is the leading segment in the market?
Automotive electronics is the leading segment in the market.
What are the major trends in the market?
The advances in membrane technology are the major trends in the market.
At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 6%.
Who are the top players in the market?
CARY PRODUCTS COMPANY INC., Donaldson Co. Inc., Filtration Group Corp., Hangzhou, PRO Membrane Technology Co. Ltd., Interstate Specialty Products Inc., LTI Atlanta, NOVARES, Pan Asian Microvent Tech(Changzhou)Co. Ltd., Parker Hannifin Corp., W. L. Gore & Associates Inc. is the top player in the market.
What are the key market drivers and challenges?
The market is driven by the growth of automotive electronics. However, Standardization of vent quality will challenge growth.
How big is the APAC market?
59% of the market’s growth will originate from APAC during the forecast period.
Related Reports on Consumer Discretionary Include:
Global Automotive Aftermarket for Spark Plugs– The automotive aftermarket size for spark plugs is segmented by application (passenger cars and commercial vehicles), geography (APAC, North America, Europe, MEA, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report
Global Automotive Knock Sensor Market– The automotive knock sensor market is segmented by application (passenger cars and commercial vehicles), geography (APAC, Europe, North America, South America, and MEA), and key vendors. Click Here to Get an Exclusive Free Sample Report
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CARY PRODUCTS COMPANY INC., Donaldson Co. Inc., Filtration Group Corp., Hangzhou IPRO Membrane Technology Co. Ltd., Interstate Specialty Products Inc., LTI Atlanta, NOVARES, Pan Asian Microvent Tech(Changzhou)Co. Ltd., Parker Hannifin Corp., and W. L. Gore & Associates Inc. are some of the major market participants. Although the growth of automotive electronics offers immense growth opportunities, factors such as the increasing availability of counterfeit products are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive vents market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Automotive Vents Market 2021-2025: Segmentation
The automotive vents market is segmented as below:
- Electrical Motors
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR46565
Automotive Vents Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive vents market report covers the following areas:
- Automotive Vents Market Size
- Automotive Vents Market Trends
- Automotive Vents Market Industry Analysis
This study identifies advances in membrane technology as one of the prime reasons driving the automotive vents market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Automotive Vents Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist automotive vents market growth during the next five years
- Estimation of the automotive vents market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive vents market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive vents market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020-2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Component
- Market segments
- Comparison by Component
- Automotive electronics – Market size and forecast 2020-2025
- Automotive electrical motors – Market size and forecast 2020-2025
- Automotive lighting – Market size and forecast 2020-2025
- Automotive powertrain – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Component
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- CARY PRODUCTS COMPANY INC.
- Donaldson Co. Inc.
- Filtration Group Corp.
- Hangzhou IPRO Membrane Technology Co. Ltd.
- Interstate Specialty Products Inc.
- LTI Atlanta
- Pan Asian Microvent Tech (Changzhou) Co. Ltd.
- Parker Hannifin Corp.
- W. L. Gore & Associates Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]