The automotive transmission system has many advantages, apart from performing the simple purpose of transferring an engine's power to the wheels. Some of the advantages of automatic transmission vehicles are: They are simple and easier to use as it reduces the burden on the driver. Automatic shift of gears is faster and more accurate than most manual, as manual transmission shifting involves several degrees of driver movement, offering opportunity for mistakes and mis-timings. Due to higher planetary gear system in automatic transmission vehicles, surface contact between the gears increases, thereby, torque load spreads out over a greater area and reduces breakage.

The Chinese luxury car market has performed well during the 2018-19, despite a decrease in the sales of economic cars. Majority of the luxury car manufacturers, such as Mercedes-Benz, Audi, and BMW, have witnessed an increase in sales. There was significant demand for European made luxury cars in the country and this has laid initiatives to increase the production capacities. During January to November in 2018, Mercedes-Benz recorded sales of 603,089 units, representing an 11.7% growth as compared to the previous year. During the same period, BMW sold 577,058 units across China, representing 6.4% growth.

Automotive molding is the process of producing automotive parts/components via molding machines in which the inserted material has to undergo a cycle comprising injection, pressure holding (cooling), and plastic part demolding. Automotive molds are a crucial part of the overall automobile production process. For instance, to produce a new car, more than 90% of the parts (close to 20,000 parts) are dependent on molds for further batch processing. Automotive molds are highly dependent on the automotive production in a particular country/region. Thus, an upswing or a downswing in the industry can have a similar impact on the market for automotive molds. Automotive molds are classified into four categories based on technology: casting molds, injection molds, compression molds, and others. Based on application, the automotive mold market is categorized into two segments: exterior and interior parts. Based on vehicle type, the market is classified into three segments: passenger cars, light commercial vehicles, and heavy trucks.

Batteries have the capability to tackle one of the most important social, economic, and scientific challenges of the 21st century, i.e., the ability to store electrical energy for decentralized stationary or mobile applications. • As of 2018, approximately 85% of the total global consumption of lead went into the production of lead-acid batteries. Lead-acid batteries remain the lowest priced and most widely used rechargeable batteries in the automotive and industrial sector, across the Asia-Pacific region. Currently, these batteries are the only available mass-market technology for SLI applications in conventional vehicles, including those with basic micro hybrid systems. Moreover, the usage of an increasing number of automobiles in the region is expected to drive the demand for lead-acid battery in the coming years.

Japanese manufacturers dominate the market, as they enjoy strong brand awareness and have built extensive dealership networks across the country. In addition, most of them have local plants and benefit from Indonesia’s relatively cheap workforce and low taxes, which decrease their production costs. The domestic market is highly concentrated, with a few players accounting for the bulk of sales. However, in 2018, intense competition led to a slightly more fragmented market structure, with smaller players eating into the market shares of the leading companies. The top five players accounted for 85.3% of total retail sales in 2018, compared to 87% the year before.

Since 2015 the level of competition in the domestic automotive market has intensified, as the deceleration of the Colombian economy hampered vehicle demand. This affected the business strategies of the main market players, which opted to expand their promotional campaigns in the domestic market and search for export-led growth opportunities. The recovery of local vehicle demand since 2018 has further propelled the fight for market share. In this new context, producers began to renew their portfolios through the introduction of new light commercial vehicle models in order to address the rising consumer preference towards medium-sized and large vehicles.

Latin America injection molding machines market (henceforth, referred to as the market studied) is expected to reach a value of USD 968.02 million in 2019 and USD 1,181.33 million in 2024, at an estimated CAGR of 4.06% during 2019-2024 (henceforth, referred to as the forecast period). Major factors driving the market studied are – increasing demand in the automotive industry in Brazil and high demand from the packaging industry. High initial cost and economic crisis in Latin America are expected to majorly hinder the growth of the market studied. Technological advancement in the injection molding machine is expected to offer various opportunities for the growth of the Latin America injection molding machine market during the forecast period.

Artificial intelligence (AI) has found its way into everyday applications in various ways, including language recognition tools and AI-assisted cameras on smartphones, analysis of financial transactions in banks, and algorithms for self-driving cars. Medical imaging is undergoing a fundamental transformation with the advent of AI for various applications, ranging from diagnosis to treatment suggestions.

The use of adhesives for composite material joining has been rapidly increasing in various applications, such as consumer packaging, aerospace, and automotive. The selection of adhesives depends on numerous factors, such as the nature and type of substrates, which is to be bonded, cost of adhesives used, curing time, and the adhesive application method. Owing to their superior properties, such as greater design flexibility, ability to distribute the load over a much wider area, reduce stress concentrations, increase fatigue, and corrosion resistance of bonded joints, adhesives and sealants are heavily used in various industries.

The use of adhesives for composite material joining has been rapidly increasing in various applications, such as consumer packaging, aerospace, and automotive. The selection of adhesives depends on numerous factors, such as the nature and type of substrates, which is to be bonded, cost of adhesives used, curing time, and the adhesive application method. Owing to their superior properties, such as greater design flexibility, ability to distribute the load over a much wider area, reduce stress concentrations, increase fatigue, and corrosion resistance of bonded joints, adhesives and sealants are heavily used in various industries.