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(I-AutoNewsWire.com, October 12, 2018 )
Stratview Research announces the launch of a new research report on Automotive Air Intake Manifold (AIM) Market 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.
Automotive Air Intake Manifold (AIM) Market: Research 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., to meet the changing market requirements, addressing stringent regulations regarding fuel efficiency and carbon emissions, and to remain competitive in the market. The industry is rapidly moving towards lightweight materials, such as composites and magnesium, to make the final component light in weight without sacrificing overall performance.
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As per Stratview Research, the global 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 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 are the major growth drivers of the market.
Key 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. Producing lightweight air intake manifold and formation of strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.