LONDON, Jan. 11, 2016 /PRNewswire/ -- This BCC Research report provides an up-to-date assessment of the business opportunities for providers of lightweight materials that will arise over the next five years as these materials increase their penetration into various transportation markets. Includes forecast through 2020.
REPORT HIGHLIGHTS
The global market for lightweight materials used in transportation reached $115.4 billion in 2014. This market is expected to reach about $109 billion by 2015 and $188.7 billion by 2020, registering a compound annual growth rate (CAGR) of 11.6% from 2015 to 2020.
This report provides:
• An overview of the global market for lightweight materials in transportation equipment, including motor vehicles, aircraft, trains, and ships.
• Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
• Identification of lightweight materials that are in commercial use or under development for transportation applications.
• Discussion of trends by type of material and application.
• Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
• Factors that will influence the long-term development of the market.
• Profiles of major players in the industry.
SCOPE OF REPORT
The report is global in scope, focusing on the worldwide market for lightweight materials in transportation equipment, including motor vehicles, aircraft, trains and ships. Lightweight materials are defined broadly as materials that are used in the fabrication of equipment primarily in order to minimize weight.
As the term is used in this report, transportation equipment includes all motorized vehicles or craft used to convey people, animals or cargo between two points, except for vehicles/craft used exclusively for sports or recreation applications (e.g., glider aircraft and sailboats). Sports and recreation vehicles and craft are excluded in part because they are the subjects of another BCC Research report, AVM053A – Materials and Devices for High-Performance Sports Products. In this report, dual-purpose transportation equipment, such as small airplanes, is analyzed along with vehicles and craft whose purpose is primarily commercial.
The report also does not cover motor vehicles, ships and aircraft built for and used by the armed forces of the United States and other nations.
The report includes the following major elements:
• Executive summary.
• Definitions.
• A listing of lightweight materials that are in commercial use or under development for transportation applications.
• A listing of lightweight materials and applications with the greatest commercial potential through 2020.
• Global market trends by type of material and application, 2014 to 2020.
• Factors that will influence the long-term development of the market.
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