Automotive Parts/Components Market Research

The overall aircraft tires market is set to demonstrate steady growth rate during the forecast period from 2018 to 2026, up from US$ 1,260.4 Mn in 2017. Aircraft tires are among the most dynamically engineered components present onboard aircrafts. Although for short durations, these tires are designed to withstand extremely heavy loads operating at high speeds of more than 150 miles/hour.

In terms of revenue, the global market for flame retardant masterbatches was valued at US$ 1,625.2 Mn in 2017, which is expected to reach US$ 3,667.9 Mn by 2026, witnessing CAGR of 9.6% during the period. Asia Pacific accounted for the major share in the flame retardant masterbatches market in 2017, followed by North America.

Motion sensors are commonly used in security systems for detecting motion and generating electrical signals. Motion sensors are linchpin of any security system and uses multiple technologies to detect any suspicious movement in a particular area. The global motion sensors market was valued at US$ 5.36 Bn in 2017 and expected to expand at a CAGR of 12.8% during the forecast period from 2018 to 2026.

Computer aided design (CAD) market expected to hit US$ 14.03 Bn by 2026, expanding with a CAGR of 6.8% during the forecast period from 2018 to 2026. Principally governed by North America, CAD market driven by rising adoption of computer integrated manufacturing (CIM) approach.

The need for optimum fuel utilization and engine performance monitoring urged automotive manufacturers across the globe to incorporate engine speed sensors into their products. This allowed engine speed sensors market to reach market value of US$ 3.7 Bn in 2017 and estimated to touch US$ 4.88 Bn by 2026 with a compound annual growth rate of 3.1%. Although a very small device, engine speed sensors plays a major role in driving modern-day IC engines irrespective of application in which they are used.

The disc brake systems market was valued at US$ 36.45 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 4.5% from 2018 to 2026. The most prominent factor aiding the disc brake systems market growth is the rising motor vehicle production across the world. For instance, the world motor vehicle production increased by 4.5% in 2016 over 2015.

The global specialty synthetic & glass fiber market accounted for US$ 76.8 Bn in 2021 and is growing at a CAGR of 6.5% throughout the forecast period from 2025 to 2033. Cutting-edge research and development has resulted in creating new fibers which expand beyond conventional, natural and organic ones. This in turn has resulted into development of innovative products for various end-use indus

Bulletproof Security Glass Market is expected to reach US$ 11.36 Bn by 2026 with 11.3% CAGR during the forecast period from 2018 to 2026. In 2017, North America led the bulletproof security glass market and is estimated to be the fastest growing region between 2018 and 2026.

In 2024, the size of the engineering plastics market was estimated to be US $113.2 billion, and it is anticipated that the total revenue will expand at a CAGR of 6.54% from 2025 to 2033, reaching almost US $200.2 billion by 2033. Plastics used in engineering are those that have physical qualities that allow them to function effectively for extended periods of time in structural applications, across a broad temperature range, while being subjected to mechanical stress, and in challenging chemical and physical conditions.

Infrared sensors market set to reach US$ 592.5 Mn by 2026, growing with promising CAGR of 7.5% throughout the forecasted period from 2018 to 2026. Primarily governed by Asia Pacific, infrared sensors market is highly driven by increasing usage of sensing technology in manufacturing industry.