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(I-AutoNewsWire.com, March 02, 2019 ) As per the latest market intelligence report published by Stratview Research, the Automotive Air Intake Manifold (AIM) Market is anticipated to reach at US$ 3,387.2 million by 2023.
The research studies Automotive Air Intake Manifold (AIM) Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under five segments by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle), by Manifold Type (Standard AIM and Variable AIM), by Material Type (Composites [Lost Core, Shell, and Others], Aluminum, and Others), by Manufacturing Process (Injection-Molded AIM and Casting-based AIM), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The study finds – 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 during the same period. Injection molding is likely to remain the most dominant process in the market during the forecast period. The auto industry is rapidly moving towards lightweight materials, such as composites and magnesium, to make final component light in weight without sacrificing overall manifold performance.
Click here to read the detailed description: https://www.stratviewresearch.com/toc/175/automotive-air-intake-manifold-market.html
Go through the TOC: https://www.stratviewresearch.com/toc/175/automotive-air-intake-manifold-market.html
Automotive Air Intake Manifold Market: Highlights The auto industry has efficaciously been undergoing the most dynamic and disruptive technological advancements since the last decade. This is also leaving a great impact on each of the major components including air intake manifolds. There have been various advancements in air intake manifold regarding design, material, process, etc. in order to meet the changing market requirements, addressing stringent regulations regarding fuel efficiency and carbon emissions, and to remain competitive in the market.
The growth prospects of the global automotive air intake manifold market seem vigorous in the coming years. It is estimated that the automotive air intake manifold market is projected to grow at a healthy rate over the next five years to reach US$ 3,387.2 million in 2023. Organic growth in 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 are some of the major growth drivers of the global automotive air intake manifold market.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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