Lucintel Estimates Significant Growth for Global Bioplastic Industry during 2013-2018

The global bioplastic industry is expected to witness significant growth and reach an estimated $7.02 billion by 2018. The major forces that are driving bioplastic market are high consumer acceptance, danger posed by climate change, increasing price of fossil materials, and dependence on fossil resources. Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on the bioplastic industry and presents its findings in “ Read More
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Lucintel Analysis: Use of Mechatronics System to Drive Global Automotive Door Module Industry Growth

Revival in automotive production volume and use of mechatronics system in place of mechanical system are expected to increase the global automotive door module industry market size by value over the forecast period. Lucintel expects a major rebound in the market, especially in APAC region which is observing high growth of fuel efficient cars, equipped with the latest automotive electronics systems technologies. Global automotive door module industry is expected to reach $26.8 billion by 2018, promising huge opportunity for the firms operating across the value chain. Lucintel, a leading glob...
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Lucintel Anticipates Indian Auto Component Market to Reach $94.9 Billion by 2019

Increasing automotive production and various plans initiated by the Government are likely to boost the Indian auto component industry. Indian auto component industry is expected to reach $94.9 billion in 2019 promising huge opportunity for the firms operating across the value chain of auto component industry.  Electricals segment is expected to register highest CAGR among all the other segments during 2014-2019 due to the growing demand of electric start mechanism in two-wheeler segments and increasing penetration of electronic device to enhance fuel efficiency. Lucintel, a leading global ...
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Lucintel Analysis: New Capacity Buildings are Expected to Intensify the Rivalry in Global LFRT Market

Long Fiber Reinforced Thermoplastic (LFRT), with its higher performance characteristics than traditional and other thermoset materials, is likely to gain greater acceptance in different applications segments. The LFRT market is shifting from a seller “push” to a buyer “pull” situation. SABIC and Ticona are the market leaders with diversified product portfolio, strong geographical reach, and high strategic initiatives. Over the next five years, suppliers focusing on emerging application segments and emerging markets are likely to capture a larger market share in global LFRT market. L...
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Lucintel’s PESTLE Analysis of Nigeria 2013: Growth in Telecom, Construction, and Hotel & Restaurants Industries to Drive Nigeria during Forecast Period

The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy, particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well as the economy. The Nigerian economy is likely to grow to $384 billion at the current price by 2018 at a CAGR of 6.8% during 2013-2018....
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Lucintel Projects Global Defense Land Vehicle Industry to Grow at a CAGR of 1.7% during 2014-2020

Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defense land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown. Lucintel expects a flat growth in the industry considering the recent cuts in defense budgets, in North America and Europe, with increasing demand from developing nations. Global defense land vehicle industry is expected to reach $32.7 billion in 2020 promising valuable opportunity fo...
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