Global automotive brake fluid market to grow at a CAGR of 2.14% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is environment-friendly brake fluid. Various governments across the world are heavily investing in research to find a feasible solution to reduce greenhouse gas emissions from the mineral based hydraulic lubricants. The emissions are causing an adverse effect on the environment.
According to the report, one driver in the market is growing demand for SUVs and crossovers globally. The increasing demand for automotive brake fluid is due to the increased sales volume of sports-utility vehicles (SUVs) across the world. In the recent times, the demand for crossovers, pickup trucks, and SUVs are growing in the US market and this, in turn, is driving the growth of the automotive brake fluid market.
Further, the report states that one challenge in the market is increasing demand for electric vehicles. The automotive industry is slowly shifting toward electric vehicles (EVs), especially in Europe and the Americas, due to reasons like rising environmental concerns, increasing fuel prices, and maintenance and purchasing costs of internal combustion engine (ICE) vehicles.
PART 05: MARKET SIZING Market definition Market sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER Segmentation by end-user Comparison by end-user Industrial - Market size and forecast 2017-2022 Commercial - Market size and forecast 2017-2022 Residential - Market size and forecast 2017-2022 Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE Geographical segmentation Regional comparison APAC - Market size and forecast 2017-2022 Americas - Market size and forecast 2017-2022 EMEA - Market size and forecast 2017-2022 Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES Market drivers Market challenges
PART 12: MARKET TRENDS Growing popularity of microgrid networks Increase of renewable power in the global energy mix Rising use of integrated systems
PART 13: VENDOR LANDSCAPE Overview Landscape disruption Competitive landscape
PART 14: VENDOR ANALYSIS Vendors covered Vendor classification Market positioning of vendors ABB Caterpillar Cummins General Electric Schneider Electric Siemens