Industry Background:
Automotive venting membrane is known as a device which provides consistent protection from the automotive fluids, dust, water, and dirt. Moreover, they also offer various benefits like high air flow rates, long service life, and pressure equalization, high-efficiency particulate removal, continuous operating temperature and availability of the custom sizes. Protection of the electronics equipped in the vehicle to prolong its shelf life of a vehicle is a must, be it an electric vehicle or conventional vehicle. For achievement of the pressure equalization and battery pack of high-voltage throughout the service life of a car, venting solutions with the membranes are employed as a critical component. Venting enclosures like membrane are one of the most critical parts to ensure which weather tight seals last over the life of a vehicle. Therefore, the automotive venting membrane was introduced in the market.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Saint-Gobain (France), GORE (United States), Donaldson (United States), Membrane Solutions LLC (United States), Rogers Corporation (United States), Clarcor Industrial Air (United States), Hangzhou IPRO Membrane Technology Co. Ltd (China), Sterlitech Corporation (United States), Porex Corporation (United States) and Trinity Technology Group (United States) |
This growth is primarily driven by High Demand for Enhanced Electronic Components and Growing Demand from End-Users.
Globally, a noticeable market trend is evident Rising Technological Innovations Like Connected Vehicles and Enhanced Driver-Assistance System Major Vendors, such as Saint-Gobain (France), GORE (United States), Donaldson (United States), Membrane Solutions LLC (United States), Rogers Corporation (United States), Clarcor Industrial Air (United States), Hangzhou IPRO Membrane Technology Co. Ltd (China), Sterlitech Corporation (United States), Porex Corporation (United States) and Trinity Technology Group (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Key Developments in the Market:
In April 2019, DENSO, the world's second-largest mobility supplier, fully integrated its consolidated subsidiary ASMO companies in the U.S. into its North American operations. As the automotive industry speeds toward electrification and automated driving, the improved performance and reliability of motors become even more essential. By combining ASMO's small-motor strengths with DENSO's expertise in large, high-power motors, DENSO accelerates its development of motor technologies and innovations for North American customers.
In February 2023, Solecta, Inc. and The Lubrizol Corporation announced a new partnership today to develop and market novel membrane solutions that will improve productivity and drive greater efficiencies for the global separations industry
Influencing Trend:
Rising Technological Innovations Like Connected Vehicles and Enhanced Driver-Assistance System
Market Growth Drivers:
High Demand for Enhanced Electronic Components and Growing Demand from End-Users
Challenges:
Lack of Awareness in Developing Regions
Restraints:
Presence of Substitutes in the Market
Opportunities:
Increasing Opportunities from the End-User Industries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Automotive Venting Membrane Market
- Analysis about New Entrants in Automotive Venting Membrane Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Automotive Venting Membrane Study Sheds Light on
The Automotive Venting Membrane Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Venting Membrane industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Venting Membrane industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.