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レポート概要
| 当調査レポートは次の情報を含め、世界の可変吸気装置市場規模と予測を収録しています。・世界の可変吸気装置市場：売上、2018年-2023年、2024年-2029年 ・世界の可変吸気装置市場：販売量、2018年-2023年、2024年-2029年 ・世界のトップ5企業、2022年 世界の可変吸気装置市場は2022年に000Mドルと評価され、予測期間中に000％のCAGRで2029年までに000Mドルに達すると予測されています。米国市場は2022年に000Mドルと推定されており、中国は2029年までに000Mドルに達すると予測されています。「アルミニウム」セグメントは今後6年間、000%のCAGRで2029年までに000Mドルに成長すると予測されています。 可変吸気装置のグローバル主要企業は、Mann+Hummel、 Mahle、 Toyota Boshoku、 Sogefi、 Aisin Seiki、 Magneti Marelli、 Keihin、 Montaplast、 Novares、 Wenzhou Ruiming Industrial、 Roechling、 Mikuni、 Inzi Controls Controls、 Samvardhana Motherson Group、 Aisan Industry、 BOYIなどです。2022年にトップ5企業がグローバル売上シェアの約000%を占めています。 MARKET MONITOR GLOBAL（MMG）は、可変吸気装置のメーカー、サプライヤー、流通業者、および業界の専門家を調査しました。これには、販売量、売上、需要、価格変動、製品タイプ、最近の動向と計画、産業トレンド、成長要因、課題、阻害要因、潜在的なリスクなどが含まれます。 【セグメント別市場分析】 世界の可変吸気装置市場：タイプ別、2018年-2023年、2024年-2029年 世界の可変吸気装置市場：タイプ別市場シェア、2022年 ・アルミニウム、鋳鉄、複合プラスチック材料 世界の可変吸気装置市場：用途別、2018年-2023年、2024年-2029年 世界の可変吸気装置市場：用途別市場シェア、2022年 ・自家用車、商用車 世界の可変吸気装置市場：地域・国別、2018年-2023年、2024年-2029年 世界の可変吸気装置市場：地域別市場シェア、2022年 ・北米：アメリカ、カナダ、メキシコ ・ヨーロッパ：ドイツ、フランス、イギリス、イタリア、ロシア ・アジア：中国、日本、韓国、東南アジア、インド ・南米：ブラジル、アルゼンチン ・中東・アフリカ：トルコ、イスラエル、サウジアラビア、UAE 【競合分析】 また、当レポートは主要な市場参加者の分析を提供します。 ・主要企業における可変吸気装置のグローバル売上、2018年-2023年 ・主要企業における可変吸気装置のグローバル売上シェア、2022年 ・主要企業における可変吸気装置のグローバル販売量、2018年-2023年 ・主要企業における可変吸気装置のグローバル販売量シェア、2022年 さらに、当レポートは主要企業のプロファイルを提示します。 Mann+Hummel、 Mahle、 Toyota Boshoku、 Sogefi、 Aisin Seiki、 Magneti Marelli、 Keihin、 Montaplast、 Novares、 Wenzhou Ruiming Industrial、 Roechling、 Mikuni、 Inzi Controls Controls、 Samvardhana Motherson Group、 Aisan Industry、 BOYI ************************************************************* ・調査・分析レポートの概要 可変吸気装置市場の定義 市場セグメント 世界の可変吸気装置市場概要 当レポートの特徴・ベネフィット 調査手法と情報源 ・世界の可変吸気装置市場規模 世界の可変吸気装置市場規模：2022年 VS 2029年 世界の可変吸気装置市場規模と予測 2018年-2029年 ・競争状況 グローバルトップ企業 売上ベースでのグローバルトップ企業 企業別グローバルでの可変吸気装置の売上 グローバルトップ3およびトップ5企業、2022年売上ベース グローバル企業の可変吸気装置製品タイプ グローバルにおけるティア1、ティア2、ティア3企業 ・タイプ別市場分析 タイプ区分：アルミニウム、鋳鉄、複合プラスチック材料 可変吸気装置のタイプ別グローバル売上・予測 ・用途別市場分析 用途区分：自家用車、商用車 可変吸気装置の用途別グローバル売上・予測 ・地域別市場分析 地域別可変吸気装置市場規模 2022年と2029年 地域別可変吸気装置売上・予測 北米市場：アメリカ、カナダ、メキシコ ヨーロッパ市場：ドイツ、フランス、イギリス、イタリア、ロシア アジア市場：中国、日本、韓国、東南アジア、インド 南米市場：ブラジル、アルゼンチン 中東・アフリカ市場：トルコ、イスラエル、サウジアラビア、UAE ・主要企業のプロファイル（企業概要、事業概要、主要製品、売上、ニュースなど） Mann+Hummel、 Mahle、 Toyota Boshoku、 Sogefi、 Aisin Seiki、 Magneti Marelli、 Keihin、 Montaplast、 Novares、 Wenzhou Ruiming Industrial、 Roechling、 Mikuni、 Inzi Controls Controls、 Samvardhana Motherson Group、 Aisan Industry、 BOYI ... |
This research report provides a comprehensive analysis of the Variable Intake System market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Variable Intake System market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Variable Intake System, challenges faced by the industry, and potential opportunities for market players.
The global Variable Intake System market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Variable Intake System market presents opportunities for various stakeholders, including Private Car, Commercial Vehicle. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Variable Intake System market. Additionally, the growing consumer demand present avenues for market expansion.
The global Variable Intake System market was valued at US$ 29330 million in 2022 and is projected to reach US$ 46260 million by 2029, at a CAGR of 7.3% during the forecast period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world’s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world’s largest car exporter, exporting more than 3.5 million vehicles in 2022. The automotive intake manifold distributes air to the engine cylinders and is an important part of the engine. In older cars without fuel injection, the fuel-air mixture is transferred from the carburetor/throttle body assembly to the cylinder head through the intake manifold. The urban population has grown significantly over the past two decades. Growth in urban population increases the need for transportation, thereby increasing the need for intake manifolds. The global economic recovery is expected to be stronger in the future. Rising output in the automotive and auto parts industry reflects accelerating world economic growth, driving the expansion of the market. Automakers are under constant pressure to reduce vehicle weight to improve fuel efficiency and vehicle performance. The automotive intake manifold market is expected to be driven by rising demand for energy-efficient vehicles during the forecast period. Additionally, automakers are investing funds in research and development for making lightweight vehicles, which is expected to drive the intake manifold market. Diesel engines primarily use the car’s intake manifold to move filtered and dehumidified air toward the engine cylinders. The growth of the automotive intake manifold market is expected to be restrained during the forecast period owing to the increasing production and adoption of battery electric vehicles.
Key Features:
The research report on the Variable Intake System market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Variable Intake System market.
Market Overview: The report provides a comprehensive overview of the Variable Intake System market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Aluminium, Cast Iron), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Variable Intake System market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Variable Intake System market’s trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Variable Intake System market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Variable Intake System market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Variable Intake System market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Variable Intake System market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Variable Intake System, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Variable Intake System market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Variable Intake System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Aluminium
Cast Iron
Composite Plastic Materials
Market segment by Application
Private Car
Commercial Vehicle
Global Variable Intake System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
Mann+Hummel
Mahle
Toyota Boshoku
Sogefi
Aisin Seiki
Magneti Marelli
Keihin
Montaplast
Novares
Wenzhou Ruiming Industrial
Roechling
Mikuni
Inzi Controls Controls
Samvardhana Motherson Group
Aisan Industry
BOYI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Variable Intake System, market overview.
Chapter 2: Global Variable Intake System market size in revenue and volume.
Chapter 3: Detailed analysis of Variable Intake System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Variable Intake System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Variable Intake System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Variable Intake System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Variable Intake System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Variable Intake System Overall Market Size
2.1 Global Variable Intake System Market Size: 2022 VS 2029
2.2 Global Variable Intake System Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Variable Intake System Sales: 2018-2029
3 Company Landscape
3.1 Top Variable Intake System Players in Global Market
3.2 Top Global Variable Intake System Companies Ranked by Revenue
3.3 Global Variable Intake System Revenue by Companies
3.4 Global Variable Intake System Sales by Companies
3.5 Global Variable Intake System Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Variable Intake System Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Variable Intake System Product Type
3.8 Tier 1, Tier 2 and Tier 3 Variable Intake System Players in Global Market
3.8.1 List of Global Tier 1 Variable Intake System Companies
3.8.2 List of Global Tier 2 and Tier 3 Variable Intake System Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global Variable Intake System Market Size Markets, 2022 & 2029
4.1.2 Aluminium
4.1.3 Cast Iron
4.1.4 Composite Plastic Materials
4.2 By Type – Global Variable Intake System Revenue & Forecasts
4.2.1 By Type – Global Variable Intake System Revenue, 2018-2023
4.2.2 By Type – Global Variable Intake System Revenue, 2024-2029
4.2.3 By Type – Global Variable Intake System Revenue Market Share, 2018-2029
4.3 By Type – Global Variable Intake System Sales & Forecasts
4.3.1 By Type – Global Variable Intake System Sales, 2018-2023
4.3.2 By Type – Global Variable Intake System Sales, 2024-2029
4.3.3 By Type – Global Variable Intake System Sales Market Share, 2018-2029
4.4 By Type – Global Variable Intake System Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application – Global Variable Intake System Market Size, 2022 & 2029
5.1.2 Private Car
5.1.3 Commercial Vehicle
5.2 By Application – Global Variable Intake System Revenue & Forecasts
5.2.1 By Application – Global Variable Intake System Revenue, 2018-2023
5.2.2 By Application – Global Variable Intake System Revenue, 2024-2029
5.2.3 By Application – Global Variable Intake System Revenue Market Share, 2018-2029
5.3 By Application – Global Variable Intake System Sales & Forecasts
5.3.1 By Application – Global Variable Intake System Sales, 2018-2023
5.3.2 By Application – Global Variable Intake System Sales, 2024-2029
5.3.3 By Application – Global Variable Intake System Sales Market Share, 2018-2029
5.4 By Application – Global Variable Intake System Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region – Global Variable Intake System Market Size, 2022 & 2029
6.2 By Region – Global Variable Intake System Revenue & Forecasts
6.2.1 By Region – Global Variable Intake System Revenue, 2018-2023
6.2.2 By Region – Global Variable Intake System Revenue, 2024-2029
6.2.3 By Region – Global Variable Intake System Revenue Market Share, 2018-2029
6.3 By Region – Global Variable Intake System Sales & Forecasts
6.3.1 By Region – Global Variable Intake System Sales, 2018-2023
6.3.2 By Region – Global Variable Intake System Sales, 2024-2029
6.3.3 By Region – Global Variable Intake System Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country – North America Variable Intake System Revenue, 2018-2029
6.4.2 By Country – North America Variable Intake System Sales, 2018-2029
6.4.3 US Variable Intake System Market Size, 2018-2029
6.4.4 Canada Variable Intake System Market Size, 2018-2029
6.4.5 Mexico Variable Intake System Market Size, 2018-2029
6.5 Europe
6.5.1 By Country – Europe Variable Intake System Revenue, 2018-2029
6.5.2 By Country – Europe Variable Intake System Sales, 2018-2029
6.5.3 Germany Variable Intake System Market Size, 2018-2029
6.5.4 France Variable Intake System Market Size, 2018-2029
6.5.5 U.K. Variable Intake System Market Size, 2018-2029
6.5.6 Italy Variable Intake System Market Size, 2018-2029
6.5.7 Russia Variable Intake System Market Size, 2018-2029
6.5.8 Nordic Countries Variable Intake System Market Size, 2018-2029
6.5.9 Benelux Variable Intake System Market Size, 2018-2029
6.6 Asia
6.6.1 By Region – Asia Variable Intake System Revenue, 2018-2029
6.6.2 By Region – Asia Variable Intake System Sales, 2018-2029
6.6.3 China Variable Intake System Market Size, 2018-2029
6.6.4 Japan Variable Intake System Market Size, 2018-2029
6.6.5 South Korea Variable Intake System Market Size, 2018-2029
6.6.6 Southeast Asia Variable Intake System Market Size, 2018-2029
6.6.7 India Variable Intake System Market Size, 2018-2029
6.7 South America
6.7.1 By Country – South America Variable Intake System Revenue, 2018-2029
6.7.2 By Country – South America Variable Intake System Sales, 2018-2029
6.7.3 Brazil Variable Intake System Market Size, 2018-2029
6.7.4 Argentina Variable Intake System Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country – Middle East & Africa Variable Intake System Revenue, 2018-2029
6.8.2 By Country – Middle East & Africa Variable Intake System Sales, 2018-2029
6.8.3 Turkey Variable Intake System Market Size, 2018-2029
6.8.4 Israel Variable Intake System Market Size, 2018-2029
6.8.5 Saudi Arabia Variable Intake System Market Size, 2018-2029
6.8.6 UAE Variable Intake System Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Mann+Hummel
7.1.1 Mann+Hummel Company Summary
7.1.2 Mann+Hummel Business Overview
7.1.3 Mann+Hummel Variable Intake System Major Product Offerings
7.1.4 Mann+Hummel Variable Intake System Sales and Revenue in Global (2018-2023)
7.1.5 Mann+Hummel Key News & Latest Developments
7.2 Mahle
7.2.1 Mahle Company Summary
7.2.2 Mahle Business Overview
7.2.3 Mahle Variable Intake System Major Product Offerings
7.2.4 Mahle Variable Intake System Sales and Revenue in Global (2018-2023)
7.2.5 Mahle Key News & Latest Developments
7.3 Toyota Boshoku
7.3.1 Toyota Boshoku Company Summary
7.3.2 Toyota Boshoku Business Overview
7.3.3 Toyota Boshoku Variable Intake System Major Product Offerings
7.3.4 Toyota Boshoku Variable Intake System Sales and Revenue in Global (2018-2023)
7.3.5 Toyota Boshoku Key News & Latest Developments
7.4 Sogefi
7.4.1 Sogefi Company Summary
7.4.2 Sogefi Business Overview
7.4.3 Sogefi Variable Intake System Major Product Offerings
7.4.4 Sogefi Variable Intake System Sales and Revenue in Global (2018-2023)
7.4.5 Sogefi Key News & Latest Developments
7.5 Aisin Seiki
7.5.1 Aisin Seiki Company Summary
7.5.2 Aisin Seiki Business Overview
7.5.3 Aisin Seiki Variable Intake System Major Product Offerings
7.5.4 Aisin Seiki Variable Intake System Sales and Revenue in Global (2018-2023)
7.5.5 Aisin Seiki Key News & Latest Developments
7.6 Magneti Marelli
7.6.1 Magneti Marelli Company Summary
7.6.2 Magneti Marelli Business Overview
7.6.3 Magneti Marelli Variable Intake System Major Product Offerings
7.6.4 Magneti Marelli Variable Intake System Sales and Revenue in Global (2018-2023)
7.6.5 Magneti Marelli Key News & Latest Developments
7.7 Keihin
7.7.1 Keihin Company Summary
7.7.2 Keihin Business Overview
7.7.3 Keihin Variable Intake System Major Product Offerings
7.7.4 Keihin Variable Intake System Sales and Revenue in Global (2018-2023)
7.7.5 Keihin Key News & Latest Developments
7.8 Montaplast
7.8.1 Montaplast Company Summary
7.8.2 Montaplast Business Overview
7.8.3 Montaplast Variable Intake System Major Product Offerings
7.8.4 Montaplast Variable Intake System Sales and Revenue in Global (2018-2023)
7.8.5 Montaplast Key News & Latest Developments
7.9 Novares
7.9.1 Novares Company Summary
7.9.2 Novares Business Overview
7.9.3 Novares Variable Intake System Major Product Offerings
7.9.4 Novares Variable Intake System Sales and Revenue in Global (2018-2023)
7.9.5 Novares Key News & Latest Developments
7.10 Wenzhou Ruiming Industrial
7.10.1 Wenzhou Ruiming Industrial Company Summary
7.10.2 Wenzhou Ruiming Industrial Business Overview
7.10.3 Wenzhou Ruiming Industrial Variable Intake System Major Product Offerings
7.10.4 Wenzhou Ruiming Industrial Variable Intake System Sales and Revenue in Global (2018-2023)
7.10.5 Wenzhou Ruiming Industrial Key News & Latest Developments
7.11 Roechling
7.11.1 Roechling Company Summary
7.11.2 Roechling Business Overview
7.11.3 Roechling Variable Intake System Major Product Offerings
7.11.4 Roechling Variable Intake System Sales and Revenue in Global (2018-2023)
7.11.5 Roechling Key News & Latest Developments
7.12 Mikuni
7.12.1 Mikuni Company Summary
7.12.2 Mikuni Business Overview
7.12.3 Mikuni Variable Intake System Major Product Offerings
7.12.4 Mikuni Variable Intake System Sales and Revenue in Global (2018-2023)
7.12.5 Mikuni Key News & Latest Developments
7.13 Inzi Controls Controls
7.13.1 Inzi Controls Controls Company Summary
7.13.2 Inzi Controls Controls Business Overview
7.13.3 Inzi Controls Controls Variable Intake System Major Product Offerings
7.13.4 Inzi Controls Controls Variable Intake System Sales and Revenue in Global (2018-2023)
7.13.5 Inzi Controls Controls Key News & Latest Developments
7.14 Samvardhana Motherson Group
7.14.1 Samvardhana Motherson Group Company Summary
7.14.2 Samvardhana Motherson Group Business Overview
7.14.3 Samvardhana Motherson Group Variable Intake System Major Product Offerings
7.14.4 Samvardhana Motherson Group Variable Intake System Sales and Revenue in Global (2018-2023)
7.14.5 Samvardhana Motherson Group Key News & Latest Developments
7.15 Aisan Industry
7.15.1 Aisan Industry Company Summary
7.15.2 Aisan Industry Business Overview
7.15.3 Aisan Industry Variable Intake System Major Product Offerings
7.15.4 Aisan Industry Variable Intake System Sales and Revenue in Global (2018-2023)
7.15.5 Aisan Industry Key News & Latest Developments
7.16 BOYI
7.16.1 BOYI Company Summary
7.16.2 BOYI Business Overview
7.16.3 BOYI Variable Intake System Major Product Offerings
7.16.4 BOYI Variable Intake System Sales and Revenue in Global (2018-2023)
7.16.5 BOYI Key News & Latest Developments
8 Global Variable Intake System Production Capacity, Analysis
8.1 Global Variable Intake System Production Capacity, 2018-2029
8.2 Variable Intake System Production Capacity of Key Manufacturers in Global Market
8.3 Global Variable Intake System Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Variable Intake System Supply Chain Analysis
10.1 Variable Intake System Industry Value Chain
10.2 Variable Intake System Upstream Market
10.3 Variable Intake System Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Variable Intake System Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer