GMI Research

  Aut omotive Heat Exchanger Market Automotive Heat Exchanger Market size is predicted to touch 36,568 million by 2027, owing to the growing adoption of convenience features such as HVAC systems in luxury vehicles. Request For a FREE Sample Report on Automotive Heat Exchanger Market An automotive heat exchanger refers to a device that transfers heat from one medium to another at different temperatures. Growth in the automotive heat exchanger market is directly influenced by the automobile industry. Thus, a steady increase in the demand for automobiles will propel market growth. With the growing incidences of accidents, government across the nation has enforced strict norms to reduce distraction caused due to inconvenient driving experience. Thus, producers have incorporated improved comfort and convenience features to maintain their competitiveness in the market. However, as per the Automotive Heat Exchanger Market research , the growing demand for hybrid and electric vehicle

Optical Transceiver Market Optical Transceiver Market is anticipated to witness a promising growth rate over the forecast period, due to a rise in data traffic. Optical transceivers are strong, compact devices that can receive and transfer data at a very high speed and for long distances. Intensified investment in optical devices and rapid development of optical communication are the major factors fueling the market growth. As per the optical transceiver market forecast , rising data traffic due to growing deployment of internet will further bolster the market growth. Other factors such as evolving need for higher bandwidth and sophisticated networks led by the augmenting adoption of cloud services and ongoing technological innovations have strengthened the market growth. A surge in the telecom infrastructural development and the evolution of IoT are further likely to pave the way for market growth. The advent of coronavirus crisis has surged the demand for sophisticated network e

Caustic Soda Market Caustic Soda Market was estimated at USD 87 million in 2020 and is expected to expand at a CAGR of 6.3% over the forecast period. Caustic soda is used to produce various household items such as soaps and detergents. One of the major factors driving the caustic soda market size is the growing demand for alumina across the transport sector. Alumina is extricated from a naturally evolving mineral with the help of caustic soda and is used to produce aluminum and other products such as cans, automotive, airplane carts, etc. As per the Aluminum Association      , net demand for aluminum is projected to increase to 514 pounds per vehicle because of the acceleration penetration of BIW and aluminum enclosures. Caustic soda is majorly used to convert vegetable oil into soap. Moreover, as per the caustic soda market analysis , the growing demand for pulp and paper will further strengthen the market size. As stated by the Environment Paper Network, demand for paper has

Personal Luxury Goods Market The Personal Luxury Goods Market is projected to witness a healthy boom over the forecast period. Accelerating population, rising per capita income, and increasing adoption of luxurious goods are the major factors fuelling the market growth. Request for a FREE Sample Report on Personal Luxury Goods Market Personal Luxury Goods Market Dynamics Significant switch in the consumer’s choice towards quality brands has encouraged producers to emphasis on innovation in order to cater the growing demand of customers, which is a major factor fuelling the growth of Personal Luxury Goods market. Also, as per the Personal Luxury Goods market report , the rapid urbanization has increased fashion awareness among consumers. Several exclusive brands are expanding their product portfolio to offer customized products to the customers. In addition, several organizations are focussing on enforcing various marketing strategies to acquire a competitive advantage over o