The global automotive spark and glow plugs market is projected to witness significant growth in the coming few years. According to Persistence Market Research (PMR), the global automotive spark and glow plugs market is expected to progress at a 2.1% CAGR during the forecast period from 2016 to 2022. By the end of 2016, the global automotive spark and glow plugs market is projected to be worth US$5.6 bn and by the end of the forecast period, it is expected to be worth US$6.6 bn.
A mechanized and motorized version of a human lifting heavy objects, a forklift can be used for independently lifting and moving large objects about. They can easily move heavy objects between different locations in a large facility. They can also be called mobile loading trucks that are outfitted with mechanically controlled forks. This fork attachment could range from clamps, grippers, to simple platforms. Lighter loads can be moved about using a manually-powered forklift, while heavier loads require a motorized one. As such, the global forklift market finds major use in the industries of retail, ecommerce, consumer goods, food and beverages, automotive, and aerospace.
The global market for electric buses has been thriving due to the increasing severity of environmental issues around the world. However, amongst emerging countries, China is the only country taking steps for curbing vehicular pollution by introducing a huge number of electric buses. On the other hand, the volatile prices of crude oil and the rising focus of transit agencies on reducing operational costs are amongst the prime factors working in favor of the electric buses market globally. Currently, high-end product launches by key players indicate the rising level of competition within the market for electric buses.
The two key factors driving the global automotive seat belt market are the high incidence of road accidents around the world and the growing government road safety regulations. According to the WHO, road traffic injuries resulted in an estimated 1.24 mn deaths globally in 2010. This means that every 25 seconds one person is killed in a road accident around the world. In addition to this, over a third of road traffic deaths that occur in low- and middle-income nations are of cyclists and pedestrians.
Even so, many low- and middle-income nations do not have adequate policies in place to protect road users. However, the number of policies to regulate road accidents is rising, which will fuel the global automotive seat belt market. Due to these trends, emerging economies are projected to grow significantly in the global automotive seat belt market, while developed economies will witness moderate growth. Here are some key facts about the regional segmentation of the global automotive seat belt market.
Globally, refrigerated trailers are manufactured in two temperature ranges, namely positive temperature range and negative temperature range. Positive temperature range refrigerated trailers are primarily used for carrying chilled products. Negative temperature range refrigerated trailers are used for carrying frozen foods. Various types of refrigerated trailers are manufactured by the leading players based on parameters such as length, pallet capacity, number of decks, and load capacity.