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The global Laboratory Filtration market is projected to experience impressive growth in the forecast period 2024-2028, as stated in the TechSci Research report titled "Laboratory Filtration Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028." This growth is attributed to the increasing demand for membrane filtration in the biopharmaceutical and food & beverage industries. Furthermore, the development of sophisticated separation techniques for ultra-purification, coupled with the use of analytical equipment and the need for higher separation products during downstream processing, is expected to drive market growth. The utilization of filtration techniques in clinical laboratories is also anticipated to contribute to market growth. Additionally, the rising demand for laboratory filtration in the production of biological molecules and the manufacturing of generics in developing countries will fuel market expansion. The wide range of laboratories involved in the development of advanced products for disease treatment is expected to drive the growth of the laboratory filtration market.

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However, the high cost of laboratory filtration equipment and lack of awareness about its usage in different labs may hinder the growth of the global Laboratory Filtration market. Technological advancements and alternative technologies could also impede market growth. Similarly, the high capital investments required for setting up production facilities might hamper market growth during the forecasted period.

The global Laboratory Filtration market can be segmented by product, technique, end user, and region. Based on product, the market includes filtration media, filtration accessories, and filtration assemblies. The filtration media segment dominated the market in 2022 and is expected to maintain its dominance throughout the forecast period. This is due to the widespread application of filtration in the food processing industry, water purification systems, and protein bio-separation. Additionally, its usage in microbial analysis, microfiltration, and ultrafiltration will boost market growth during the forecast period.

In terms of technique, the market can be segmented into nanofiltration, ultrafiltration, microfiltration, reverse osmosis, and vacuum filtration. The microfiltration segment is expected to dominate during the forecast period, driven by the increasing demand for cold sterilization of API and enzymes, as well as the separation of solid-liquid phases in various industries. Its applications in cell harvesting from fermentation broths, fractionation of milk proteins, corn syrup clarification, and CIP chemical recovery will further contribute to its market dominance.

Major companies operating in the Global Laboratory Filtration market are:

• Agilent Technologies Inc.
• The 3M Company.
• Danaher Corporation.
• Sterlitech Corporation.
• Merck KGAA.
• Sartorius AG.
• Antylia Scientifc.
• Steris Plc.
• Thermo fisher scientificInc.
• Veolia Water Technologies.

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“North America is expected to dominate in the Global Laboratory Filtration market on account due to the growing government funding for basic research. Also, the increasing incidence of target diseases and rising need for developing novel therapeutics for these diseases are some of the major factors driving the growth of the market over the years. Furthermore, presence of a large number of drug manufacturers and the growing initiatives of food and beverages companies on launching quality products is driving the market growth. Besides, pharmaceutical and biotechnology companies use laboratory separation products for the development of new medications which will further increase the demand for laboratory filtration market growth” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Laboratory Filtration Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Filtration Media, Filtration Accessories, Filtration Assemblies), By Technique (Nanofiltration, Ultrafiltration, Microfiltration, Reverse Osmosis, Vacuum Filtration), By End User (Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, Foods & Beverages Industry), By Region and Competition”, has evaluated the future growth potential of global laboratory filtration market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global laboratory filtration market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

The Europe diagnostics market is projected to witness impressive growth during the forecast period, according to a report by TechSci Research titled "Europe Diagnostics Market By Product Type (Reagents, Instruments, Software & Services), By Type of Test (Lipid Panel, Metabolic Panel, Infectious Disease Testing, Others), By Technique (Immunodiagnostics, Molecular Diagnostics, Tissue Diagnostics, Clinical Techniques, Others), By Usability (Reusable v/s Disposable), By Application (Infectious Diseases, Cancer, Cardiac Diseases, Immune System Disorders, Nephrological Diseases, Gastrointestinal Diseases, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Point-of-Care Testing Centers, Private or Commercial Laboratories, Others), By Country, Forecast & Opportunities, 2028." This growth can be attributed to the increasing number of diagnostic centers, laboratories, and point-of-care testing centers in the region. Moreover, the adoption of advanced technologies and lab automation in the healthcare industry is expected to drive market growth until 2028.

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Investments in advanced healthcare infrastructure and the introduction of new diagnostic products, instruments, and testing techniques by major market players will also create lucrative opportunities in the coming years. The market is further fueled by the associated benefits of early disease detection, disease management, ease of sample procurement, quick results delivery, affordability, and reduced pain. However, stringent regulatory approvals for diagnostic products, kits, reagents, and instruments may pose a challenge to market growth until 2028, along with slow reimbursement rates.

The Europe diagnostics market is segmented based on product type, type of test, technique, usability, application, end user, company, and region. Product types include reagents, instruments, and software & services. The instrument segment is expected to witness significant growth due to the rising demand for advanced medical instruments and equipment that provide accurate and reliable diagnostic test results. Techniques in the market include immunodiagnostics, molecular diagnostics, tissue diagnostics, clinical techniques, and others. Molecular diagnostics are anticipated to dominate the market, driven by their increasing application in point-of-care testing and pharmacogenetics, as well as the growing prevalence of chronic diseases requiring blood tests. End users are categorized as hospitals & clinics, diagnostic centers, point-of-care testing centers, private or commercial laboratories, and others. Hospitals are expected to hold the largest market share due to the high volumes of tests conducted in these facilities. However, point-of-care testing centers are projected to experience significant growth, particularly due to the increasing geriatric population with various diseases and the immediate results provided by these tests, which contribute to improved patient care.

Key players operating in the Europe diagnostics market include Roche Diagnostics, Alere, Inc., Abbott Laboratories, Inc., Hologic, Inc. (Gen-Probe), Qiagen N.V., Bio-Rad Laboratories, Inc., Quidel Corporation, Becton, Dickinson (BD) Company, Inc., bioMerieux, Inc., Siemens Healthcare GmbH, and others. These companies employ organic strategies such as product launches, mergers, and collaborations to enhance their market share.

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“European countries have a highly regulated healthcare infrastructure owing to the presence of major healthcare and pharmaceutical companies in the region. The Europe diagnostics market is expected to grow at a formidable rate owing to the increasing awareness regarding preventive healthcare among the population. Additionally, supportive government policies and schemes for promoting better healthcare and disease prevention are further expected to create lucrative opportunities for the market growth through 2028.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Diagnostics Market By Product Type (Reagents, Instruments, Software & Services), By Type of Test (Lipid Panel, Metabolic Panel, Infectious Disease Testing, Others), By Technique (Immunodiagnostics, Molecular Diagnostics, Tissue Diagnostics, Clinical Techniques, Others), By Usability (Reusable v/s Disposable), By Application (Infectious Diseases, Cancer, Cardiac Diseases, Immune System Disorders, Nephrological Diseases, Gastrointestinal Diseases, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Point-of-Care Testing Centers, Private or Commercial Laboratories, Others), By Country, Forecast & Opportunities, 2028”, has evaluated the future growth potential of Europe diagnostics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe diagnostics market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

The Europe diagnostic imaging market is projected to experience significant growth during the forecast period, as stated in a report by TechSci Research titled "Europe Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Source (Domestic Vs Import), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), By End Users (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Country, Forecast & Opportunities, 2028." This growth can be attributed to the increasing health consciousness and awareness among the population regarding various diseases and the importance of a healthy lifestyle. Consequently, people are opting for regular health checkups, driving market growth until 2028. Technological advancements in diagnostic imaging modalities, such as AI, IoT, and blockchain, are also expected to contribute to market growth in the coming years.

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Europe has a well-established and highly regulated health network, with major market players and local players offering health insurance plans. Additionally, the governments in the United Kingdom and Switzerland provide their citizens with free health insurance cards, enabling them to access healthcare facilities in their own country and other European countries at minimal or no cost. This factor is expected to further fuel market growth throughout the forecast period. However, safety concerns related to patient health and environmental issues may hinder market growth until 2028. Stringent regulatory norms and policies governing the approval and use of diagnostic imaging modalities may also restrict market growth. Moreover, the shortage of helium poses a significant challenge for MRI health system suppliers and the healthcare industry, further impeding market growth in the forecast period.

The Europe diagnostic imaging market is segmented based on type, mobility, source, application, end users, company, and country. Types include X-Ray imaging solutions, ultrasound systems, MRI systems, CT scanners, nuclear imaging solutions, mammography, and others. The CT scanners segment is expected to witness the highest growth due to its associated benefits, such as improved patient safety with minimal radiation exposure and high-quality imaging for tumor detection and lung or chest ailments. Applications of diagnostic imaging encompass cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and others. The cardiology segment is anticipated to dominate the market due to the increasing prevalence of cardiovascular diseases across the European region. Hospitals & clinics, diagnostic centers, ambulatory care centers, and others are categorized as end users. Hospitals & clinics are expected to hold the largest market share, driven by the rising demand for advanced imaging technologies and their integration. However, the diagnostic centers segment is also poised for healthy growth, given the growing number of diagnostic centers in the region.

Key players operating in the Europe diagnostic imaging market include Siemens Healthineers AG, GE Healthcare Europe GmbH, Koninklijke Philips N.V., Agfa-Gevaert N.V., Esaote S.p.A, Planmed Oy, Carl Zeiss AG, Accenture UK Medical Imaging Solutions, FUJIFILM Europe GmbH, Canon Medical System Europe B.V., and others. These companies are employing organic strategies such as product launches, mergers, and collaborations to enhance their market share. For example, in February 2019, Canon Medical System Europe B.V. introduced the Aquilion Begin CT device in the European market, enabling medical facility providers to expand their radiology practices. This compact-sized device with reduced power requirements and dose reduction technologies can fit inside a small X-Ray room, delivering high-quality 3D CT imaging at the lowest possible dosage.

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“Europe diagnostic imaging market is expected to witness significant growth during the forecast period. Germany is expected to lead the market followed by France, Italy, and Spain. This can be ascribed to ageing population and increasing mortality rate due to prevalence of chronic diseases such as cardiovascular diseases, cancer, among others. Furthermore, the sudden outbreak and spread of pandemic COVID-19, with the European region being adversely impacted, is expected to create lucrative opportunities for the growth diagnostic imaging market across the country. This can be accredited to the widespread use of diagnostic techniques for making a comparative study to identify the vulnerability of the disease across adults and children. Also, these imaging facilities help in identifying the treatment response to a certain drug or therapy. Furthermore, presence of major market players such as Siemens, GE Healthcare, Fujifilm, Canon, among others in the region is expected to propel the market growth through 2028.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Source (Domestic Vs Import), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), By End Users (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Country, Forecast & Opportunities, 2028”, has evaluated the future growth potential of Europe diagnostic imaging market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe diagnostic imaging market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to a report by TechSci Research titled "Global Active Grille Shutter Market By Shutter Type, Vehicle Type, Vanes Type, Region, Competition Forecast & Opportunities, 2027," the active grille shutter market is projected to grow from an estimated $1.1 billion in 2022 to $1.9 billion in 2027. Active grille shutters offer several advantages, including a more than 30% improvement in vehicle aerodynamics compared to non-active grille shutter vehicles and up to 20% weight reduction. These benefits contribute to the market's growth, driven by increased fuel efficiency and reduced carbon dioxide emissions. Active grille shutters also enhance the aesthetics, speed, and handling of vehicles by improving their aerodynamics. North America dominates the market due to higher sales of premium vehicles, and it is expected to maintain its market share as premium vehicle sales continue to rise until 2027. Asia-Pacific remains the second-largest market, followed by Europe.

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The global active grille shutter market can be segmented based on shutter type, vehicle type, vanes type, and region. Among the vanes types, horizontal vanes hold the largest market share and are expected to maintain their position throughout the forecast period. Non-visible active grille shutters dominate the market under the shutter type segment, as they are easy to place behind the grille and offer superior aerodynamics compared to visible active grille shutters.

Leading players in the global active grille shutter market include Valeo, Johnson Electric, Shape Corporation, SRG Global, Magna International, HBPO Gmbh, Brose Fahrzeugteile GmbH & Co. KG, Coburg, Starlite Co, Techniplas LLC, and others. Mr. Karan Chechi, Research Director at TechSci Research, commented, "The demand for vehicles equipped with active grille shutters is expected to increase in the coming years due to the various advantages they offer, such as improved fuel efficiency and aerodynamics for better vehicle performance. Therefore, robust growth is anticipated in the global market, especially in Asia-Pacific and North America."

The report "Global Active Grille Shutter Market By Shutter Type, Vehicle Type, Vanes Type, Region, Competition Forecast & Opportunities, 2027" evaluates the future growth potential of the global active grille shutter market and provides comprehensive statistics, market size information, and insights into future market growth. It aims to provide cutting-edge market intelligence to help decision-makers make informed investment decisions. Additionally, the report identifies and analyzes emerging trends, as well as essential drivers, challenges, and opportunities in the global active grille shutter market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to the TechSci Research report titled "Europe Tire Market Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027," the Europe tire market reached a value of USD 44,996.46 million in 2021 and is projected to grow at a CAGR of 3.84% during the forecast period. This growth can be attributed to the increasing vehicle fleet in the region.

Tire sales in Europe are driven by both end consumers, such as vehicle owners, and Original Equipment Manufacturers (OEM) that produce vehicles across the region. Consumer demand contributes to tire sales in the replacement market, while OEMs generate demand for tires during vehicle manufacturing. Passenger cars and light commercial vehicles typically require five tires per vehicle, while medium and heavy commercial vehicles may require seven or more. As fleet owners increasingly opt for heavy vehicles, the demand for tires is expected to rise at a faster rate in the coming years.

The vehicle fleet in Europe has steadily expanded over time. According to the Association des Constructeurs Européens d’Automobiles ESV (ACEA), the fleet stood at approximately 323.93 million units in 2016 and has grown to 405.33 million units in 2020. This significant increase is driven by the growing daily commute via personal vehicles and public transport, resulting in a higher demand for tires in the replacement category.

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Online sales play a crucial role in driving tire sales in the region. The trend of increased sales through e-commerce platforms like Amazon, Ebay, and YepGarage.com serves as a sales catalyst for the market. These online platforms allow for direct price and technical comparisons of various tire brands. Additionally, tire manufacturers are establishing their own web portals to sell tires online. For example, Goodyear launched its own online tire sales website in Germany.

The Europe tire market is segmented based on vehicle type, demand category, tire construction type, rim size, sales channel, and country. Vehicle types include passenger cars, light commercial vehicles, medium & heavy commercial vehicles, two-wheelers, and off-the-road (OTR) vehicles. Passenger cars dominate across all countries, but the growth of light, medium & heavy commercial vehicles, and OTR tires is expected to be robust in the next five years due to increasing industrialization and mechanization in the commercial sector.

The market is categorized by demand category into OEM and replacement. Due to the large vehicle fleet in the region, replacement tires have shown dominance, and this trend is expected to continue during the forecast period. Tire construction types are divided into radial and bias tires, with radial tires gaining increasing market share in Europe, aligning with the global trend of radialization.

Rim size segments include up to 19 inches, 20 to 25 inches, and above 25 inches. The dominance of up to 19-inch tires is expected to prevail in the forecast years, as most passenger cars and two-wheelers fall within this category. Sales channels are segmented into online and offline, with online tire sales expected to disrupt the dominance of offline channels due to the booming e-commerce market in European countries.

The market is further segmented by country, including Germany, Russia, France, Italy, Spain, United Kingdom, Poland, Netherlands, Belgium, Slovakia, Romania, and Hungary. Germany, being one of the largest vehicle producers in Europe with a significant vehicle fleet, is expected to retain dominance in tire sales over the next five years.

Key market players in the Europe tire market include :

• Compagnie Générale des Établissements Michelin SCA
• Continental AG
• Pirelli & C. S.p.A.
• Bridgestone Europe NV/SA
• Goodyear Tire & Rubber
• Kumho Tire Europe GmbH
• Nokian Tyres plc.
• Cooper Tire & Rubber Co Europe
• Yokohama Europe GmbH
• Hankook Tire & Technology Co.,Ltd.

Europe tire market is fragmented among a lot of well-established players having presence in several countries. Compagnie Générale des Établissements Michelin SCA (or Michelin) holds the highest market share and is among the top five market players across Europe. Continental AG ranks second in terms of market share in the overall Europe tire market on account of its strong presence in these countries. Additionally, there are other prominent players such as Pirelli & C. S.p.A., Bridgestone Europe NV/SA, and Goodyear Tire & Rubber, Kumho Tire Europe GmbH, Nokian Tyres plc., Cooper Tire & Rubber Co Europe, Yokohama Europe GmbH, Hankook Tire & Technology Co.,Ltd., which are holding a significant position in the Europe tire market.

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“Germany is anticipated to hold the largest volumetric shares of the market in the upcoming market on account of availability of well-established automotive industry. Furthermore, the market's growth is being aided by the quick increase in studies and research in the field, as well as the impact of investments by tire manufacturers in Europe. New market players are advised to invest and focus on the research and development of the tires for the brand establishment. Collaborations and regulated deals with the established market players which would help the prospects of the new market players,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Tire Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two- Wheeler, and OTR), By Demand Category (OEM & Replacement), By Tire Construction Type (Radial & Bias), By Rim Size (Up to 19”, 20”-25” & Above 25”), By Sales Channel (Online & Offline), By Country (Germany, Russia, France, Italy, Spain, United Kingdom, Poland, Netherland, Belgium, Slovakia, Romania, and Hungary), Competition, Forecast & Opportunities, 2027”,  has evaluated the future growth potential of Europe tire market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe tire market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to a report by TechSci Research titled "India Electric Two-Wheeler Market - Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028F," the India electric two-wheeler market is expected to reach USD 1,028.04 million with a CAGR of 29.07% by 2028. This growth can be attributed to the increasing adoption and technological advancements in electric vehicles in the country. The rise of electric two-wheelers in India is driven by the growth in per capita income, resulting in increased purchasing power, and concerns over rising pollution levels caused by internal combustion engine (ICE) vehicles. The government's provision of subsidies under FAME II and state EV policies further promotes the rapid acceptance of electric two-wheelers nationwide. Leading companies and emerging players are also focusing on research and development to introduce advanced technology and features at an affordable price range, attracting more customers and driving sales of electric two-wheelers. Electric vehicles offer India the opportunity to reduce air pollution, carbon emissions, and dependence on oil. Compared to ICE vehicles, electric two-wheelers require less maintenance and have lower operating costs due to their fewer moving parts.

Several factors contribute to the growth of electric two-wheeler sales in India, including the high cost of fossil fuels, increased preference for personal mobility, the availability of alternative options, improved charging infrastructure, EV financing options, and incentives provided under government schemes. However, the growth of the electric two-wheeler market in India is hindered by the lack of charging infrastructure, low awareness, and high initial costs. The COVID-19 pandemic had a significant impact on public health and the global economy, leading to disruptions in production and the supply chain. The shortage of auto components during the pandemic affected the production of two-wheelers. Additionally, the higher cost of electric vehicles compared to traditional cars has made Indian vehicle buyers cautious about investing in EVs or two-wheelers, unless they demonstrate significant benefits such as fuel savings and tax rebates. Charging durations of EV batteries, which are longer compared to the quicker refueling times of ICE vehicles, is also a common concern. However, the market is witnessing increased investment and collaboration to improve the range of electric two-wheelers while maintaining affordability, aiming for zero emissions and green energy. The sales of electric two-wheelers have shown growth in 2022, and it is projected to grow at a CAGR of 27.62% in terms of volume through 2028.

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The India electric two-wheeler market can be segmented based on vehicle type, battery type, voltage capacity, battery capacity, range, region, and company. Currently, the electric scooter/moped segment dominates the market with the majority of market share. However, the motorcycle segment is expected to grow at a CAGR of 47.72% by 2028. Lithium-ion battery holds more than 90% of the total market share due to the presence of emerging players offering advanced technology with zero emissions, high battery capacity, and overall performance. This trend is expected to continue in the coming years. The 48-59 v category dominates in terms of voltage capacity, accounting for nearly 70% of the total India electric two-wheeler market share. This is primarily to keep electric two-wheeler prices competitive and affordable for the Indian market. In terms of battery capacity, the <2 KWh segment leads the market, followed by the 2-2.5 KWh segment. The 50-100 km segment holds the highest share in terms of vehicle range per charge, followed by the 101-150 km segment.

Some of the major companies operating in India Electric Two-Wheeler Market include:

• Hero Electric Vehicles Pvt. Ltd.
• Okinawa Autotech Pvt. Ltd.
• Greaves Electric Mobility Pvt. Ltd.
• Ather Energy Pvt. Ltd.
• PuREnergy Pvt. Ltd.
• Ola Electric Technologies Pvt. Ltd
• TVS Motor Company
• Revolt Intellicorp Pvt. Ltd.
• Bajaj Auto Ltd.
• Benling India Energy & Technology Pvt Ltd.
  
  

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“Many companies are investing in advanced technological research and development, which increases performance per charge, decreases charging time, and improves infrastructure for charging stations, making electric two-wheelers more acceptable to people.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Electric Two-Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Battery Type (Lithium-Ion, Lead Acid), By Voltage Capacity (48-59 V, 60-72 V, 73-96 V), By Battery Capacity (<2 KWh, 2-2.5 KWh, >2.5 KWh), By Range (<50 km, 50-100 km, 101-150 km, >150 km) By Region, Competition, Forecast & Opportunities, 2028” has evaluated the future growth potential of India Electric Two-Wheeler Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Electric Two-Wheeler Market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

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According to a report by TechSci Research titled "GCC Electric Vehicle Market–By Country, Competition Forecast and Opportunities, 2018-2028F," the GCC Electric Vehicle Market reached a value of USD 2794.83 million in 2022 and is projected to reach USD 10684.70 million by 2028. The market for electric vehicles in the region is being driven by positive government initiatives and the expansion of charging infrastructure throughout the GCC area. Saudi Arabia led the GCC electric vehicle market in 2022, and it is expected to grow at a rate of 22.64% during the forecast period.

One of the key factors influencing the demand for electric vehicles in the GCC region is the increasing need for environmentally friendly transportation. Governments in GCC countries are implementing policies to promote the use of EVs in order to reduce carbon emissions. For example, the UAE, Saudi Arabia, Bahrain, and Oman have set net-zero goals. The government's efforts to raise awareness among consumers about the benefits of electric vehicles, along with the establishment of regional production facilities by new market players, contribute to the market's growth. Leading companies are also investing in research and development to provide fast EV chargers for public charging stations, thereby driving the demand for electric vehicles.

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The growth of the GCC electric vehicle market is expected to be fueled by increasing electric vehicle sales, government initiatives and support, and growing consumer awareness. Additionally, the development of charging infrastructure, product launches in the market, and the rising demand for electric two-wheelers from E-Commerce players are expected to create opportunities for players operating in the GCC electric vehicle market.

New players, including startups and established automakers, are entering the GCC EV market and introducing innovative and advanced EV models. For instance, in 2021, Saudi company Lucid Motors launched the Lucid Air, a luxury electric sedan, in the GCC region. With a driving range of over 800 km on a single charge, the Lucid Air is one of the EVs with the longest range in the market. Mercedes-Benz also introduced its EQC electric SUV in the UAE in 2021, with plans to introduce more models from the EQ range. The entry of new players into the GCC EV market is driving innovation and competition, offering consumers a wider range of choices.

The market for electric vehicles is rapidly expanding, particularly in the two-wheeler and passenger car segments. Electric vehicle manufacturers are implementing strategic plans to meet the growing demand, including partnerships, mergers, business expansion, resource and workforce sharing, and enhanced research capabilities. M Glory, for example, opened the UAE's first electric vehicle manufacturing facility in Dubai Industrial City in 2022, with an investment of USD 408 million, to meet the increasing demand for eco-friendly transportation. The facility is expected to produce 10,000 electric cars annually. Furthermore, Lucid, an electric vehicle manufacturer, announced a long-term proposal to build the first international manufacturing facility in Saudi Arabia at the King Abdullah Economic City, with a production capacity of 150,000 vehicles per year.

The COVID-19 pandemic had a significant impact on global oil demand, leading to a decline in GDP for many GCC nations. According to the World Bank, the GDP growth of GCC countries decreased by 4.8% in 2020 due to the crisis. The UAE's GDP also experienced a decline of -5% annual change in 2020. Similarly, infrastructure development activities, such as the construction of charging stations and battery swapping stations across the region, were delayed due to the COVID-19 pandemic.

Key market players in the GCC Electric Vehicle Market include:

• Toyota Motor Corporation
• Nissan Middle East FZE
• Hyundai Motor UAE
• BMW Group Middle East
• Honda Middle East
• Tesla, Inc.
• Mercedes-Benz Cars Middle East (MBC ME)
• Volkswagen Group Middle East QFZ LLC
• Ford Middle East
• BYD Company Ltd

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“The GCC Electric Vehicle Market is forecast to grow during the forecast period owing to the rising demand for electric vehicles due to various factors such as rising environmental concerns among people. Also, the government of several GCC countries have different plans to increase electric vehicle sales, such as the target of the Saudi Arabia government to ensure that 30% of the passenger cars on road are electric vehicles by 2030. Owing to these market opportunities various automotive manufacturers have started to launch new electric vehicles with different models for buyers in the different GCC countries. This is expected to increase the electric vehicle sales in the region, which will further drive the GCC electric vehicle market." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“GCC Electric Vehicle Market By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Medium & Heavy Commercial Vehicles, Two-Wheeler, Off-the-Road), By Propulsion (HEV, BEV, PHEV), By Range (0-50 Miles, 51-150 Miles, 151-200 Miles, 201-400 Miles, Above 400 Miles), By Battery Capacity (< 50 kWh, 51-100 kWh, 101-200 kWh, 201-300 kWh, Above 300 kWh), By Country, Competition Forecast & Opportunities, 2018- 2028F,” has evaluated the future growth potential of GCC electric vehicle market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the GCC electric vehicle market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

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According to a report by TechSci Research titled "Saudi Arabia Automobile Market By Region, Competition Forecast & Opportunities, 2027," the forecast period of 2023-2027 is expected to witness steady growth in the Saudi Arabia automobile market. The country is currently undergoing economic and social changes that are improving the living standards of consumers. With the oil & gas industry being a major contributor to the country's economy, Crown Prince Mohammed bin Salman launched the Vision 2030 reform program to reduce dependence on this industry and create new revenue streams. This initiative has had a positive impact on the automotive industry and is expected to drive sales and production of automobiles in the coming years. Additionally, the increasing number of accidents and favorable government policies have led to a rise in the installation of active and passive safety systems in vehicles. Manufacturers are focusing on enhancing vehicle performance and passenger experience by introducing new technologies and advancing automotive parts and components. The growing popularity of shared mobility services and the integration of connectivity services in vehicles are also expected to create lucrative growth opportunities for players in the Saudi Arabia automobile market in the forecast period.

However, the heavy reliance of the automotive industry on imported parts and components may hinder market growth during the forecast period.

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The Saudi Arabia automobile market is categorized into vehicle type, propulsion, transmission, regional distribution, and competitive landscape. In terms of vehicle type, the market is divided into two-wheelers, passenger cars, LCVs, MCVs, and HCVs. Currently, passenger cars dominate the market and are expected to maintain their dominance over the next five years. Market players are introducing cost-effective options to meet customer requirements. Technological advancements and the introduction of electric and hybrid technology are also expected to influence market demand in the forecast period.

In terms of propulsion, the market is divided into ICE (Internal Combustion Engine) and electric vehicles. The electric automobile segment is projected to witness the fastest incremental growth in the forecast period. The increasing awareness of environmental issues and the need to reduce carbon emissions have led to a rising demand for alternative fuel options. Electric vehicles offer a sustainable solution by minimizing negative environmental impact and reducing dependence on conventional energy sources. Moreover, they offer lower running and maintenance costs, as well as zero tailpipe emissions. The quiet nature of electric vehicles contributes to reducing noise pollution across the country. Charging electric vehicles can be conveniently done at home, and the government provides income tax and financial benefits to manufacturers and buyers of electric vehicles. Therefore, the advantages offered by electric vehicles, along with the launch of various electric variants, are expected to drive demand in the forecast period.

Based on transmission, the market is segmented into manual and automatic. The manual segment is anticipated to hold the largest market share during the forecast period. These vehicles are in high demand due to their lower prices and repair costs. Manual transmissions also provide better gas mileage and fuel efficiency and are available in a variety of options in the market.

Major market players operating in Saudi Arabia automobile market are:

• Toyota Motor Corporation
• Hyundai Motor Company
• Stellantis
• MAN SE
• Honda Motor Company
• Ford Motor Company
• Daimler AG
• AB Volvo
• Hino Motors, Ltd.
• Tata Motors Limited

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“The National Industrial Development Center (NIDC) aims to attract 3-to four original equipment manufacturers across the ICE and EV value chain as the Saudi Arabia automobile industry is majorly import-driven. It aims to promote local production, make it 40%, and produce 300,000 vehicles annually by 2030. NIDC is also working on supporting industrialization in the country through loans, tariff exemption, and tax incentives. Favorable government policies and the entry of new players in the automotive is expected to propel the Saudi Arabia automobile market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Saudi Arabia Automobile Market By Vehicle Type (Two-Wheeler, Passenger Car, LCV, MCV, HCV), By Propulsion (ICE, Electric), By Transmission (Manual, Automatic), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia automobile market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia automobile market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

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According to TechSci Research report, “Automotive Actuators Market - Global Industry Size, Share, Trends, Competition, and Forecast and Opportunities, 2018-2028”,The Global Automotive Actuators Market is expanding due to the increasing number of sophisticated automated systems in cars and the increasing number of electric vehicles on the road today. The global market for automotive actuators is anticipated to expand at a consistent CAGR throughout the forecast period. The market has been divided into three categories based on the kind of vehicle: passenger automobiles, light commercial vehicles, and heavy commercial vehicles. Owing to rising consumer demand and wealth, the passenger vehicle industry is anticipated to develop at the quickest rate through 2028.

The major manufacturers are being compelled to spend in R&D efforts by the increased consumer demand for improved actuator goods and fuel-efficient cars. A new charging-plug actuator, for instance, was just introduced by Kierkert AG for plug-in hybrid automobiles. The actuators are used in engine control to manage idle speed and in air flap control to optimise torque and output. The automotive actuators industry is expanding because of rising consumer awareness of vehicle performance and safety. These parts are used in many automobile components, including headlamp lifts, power windows and mirrors, and windscreen washers/wipers, and they help improve the economy of the vehicle. The expansion of the market is being fuelled by the rising use of these components in passenger automobiles throughout the world.

Actuators are in great demand as autonomous vehicles gain popularity due to their safety features. The market for automotive actuators is seeing substantial growth as a result of the growing use of sensors, control systems, and actuators in autonomous vehicles. The use of these components in self-driving automobiles is encouraged by the industry's top players. For instance, Volvo and Autoliv announced their collaboration to create a self-driving automobile. The partnership's goal is to develop decision-making software with safety features that makes use of sensors and actuators. Rising technological developments in the automotive sector, such as IoT and connectivity, need the installation of sensors and actuators in vehicles for improved monitoring and analysis. The expansion of the automotive actuators market is further fueled by the integration of IoT into passenger vehicles, which offers better connectivity and safety features.

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The Global Automotive Actuators Market can be segmented based on type, vehicle type, application, region, and by company. Based on type, the market is further segmented into Pneumatic Actuators, Hydraulic Actuators, Electric Actuators. Based on vehicle type, market is further segmented into passenger cars, light commercial vehicle and heavy commercial vehicle. Based on application, the Global Automotive Actuators Market is further divided into fuel injection actuator, throttle actuator, and brake actuator. Based on region, the market is further segmented into North America, Asia Pacific, Europe &CIS, South America, and Middle East & Africa.

Some of the major companies operating in the Global Automotive Actuators Market include:

• Valeo S.A.
• Mitsubishi Electric Corporation
• Denso Corporation
• Robert Bosch GmbH
• Wabco Holdings Inc.
• Stoneridge Inc.
• Hitachi, Ltd.
• Johnson Electric Holdings Limited
• Nidec Corporation
• Continental AG
  
  

These are the key players developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers with the research and development firms, new product developments, and marketing activities to increase customer outreach. These companies are also focusing on meeting the regulations of different regional governments to stay competitive in the market.

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“Asia-Pacific is the leading region, with Europe and North America coming in second and third, respectively. During the projection period, these regions are anticipated to grow their market penetration as manufacturers are improving their production capacities. And the increase in the adoption of the autonomous vehicles and the rise in consumer awareness is also fueling growth in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Automotive Actuators Market - Global Industry Size, Share, Trends, Competition, Forecast and Opportunities, 2018-2028” has evaluated the future growth potential of Global Automotive Actuators Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Automotive Actuators Market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

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Tel: +1-646-360-1656

Email: [email protected]

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According to TechSci Research report, “Asia-Pacific Electric Three-wheeler Market- By Country Competition Forecast and Opportunities, 2018-2028”. Asia-Pacific electric three-wheeler market is expected to expand as governments of various Asian countries plan to phase out the production and sale of gasoline and diesel vehicles in the coming years. This action is expected to boost the market for electric vehicles in the area, assisting the market to grow over the forecast period. For example, the Government of India and the National Institution for Transforming India (NITI Aayog) aimed that by 2030, EVs would account for 80% of two- and three-wheeler sales.

In terms of performance, maintenance, and initial cost of purchase, electric three-wheelers outperform their IC engine counterparts. The electric three-wheeler core unique selling points are fewer range-related issues, affordability, and a better value proposition in the shared mobility space. Vehicle electrification has become a trend in the automotive industry, and it represents a path toward greater energy efficiency as well as lower emissions of pollutants and other greenhouse gases. The growing environmental concern is the primary driver of the growth. As more operators enter the region's market, charging solutions such as battery swap, semi-public and public charging, and home-based charging evolve. The governments of various nations in the region support electric three-wheeler OEMs and startups, shared mobility services and charging solution providers, that comprise the electric three-wheeler ecosystem. Customers have access to an increasing number of innovative business models and cost-effective financial options, and the availability of a wider range of vehicle models, which is expected to increase the adoption of electric three-wheelers in the region.

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The demand-supply balance for electric three-wheeler services is expected to increase, which will be essential for the industry's growth. Last-mile delivery and new business models are also expected. It is anticipated that electric mobility solutions will significantly affect the market and expand growth opportunities for various ecosystem segments.

Asia-Pacific Electric Three-Wheeler Market can be segmented on the basis of vehicle type, battery capacity, battery type, and by country. Based on vehicle type, the market is further segmented into passenger carrier and load carrier. Based on battery capacity, the market is segmented into <<101Ah and >101Ah. Based on battery type, the market is segmented into lead acid & Li-ion and based on country, the market is segmented into China, India, Japan, Malaysia, Indonesia, Thailand, Vietnam, and Singapore.

Some of the major companies operating in the Asia-pacific Electric Three-Wheeler Market include:

• Xianghe Qiansheng Electric Tricycle Factory
• Euler Motors Private Limited
• Omega Seiki Mobility Private Limited
• Mahindra & Mahindra Limited (India)
• Saera Electric Auto Pvt. Ltd
• Changzhou Yufeng Vehicle Co. Ltd.
• Gayam Motor Works
• Piaggio Group
• Lohia Auto Industries
• Atul Auto Ltd.

These are the key players developing advanced technologies and launching electric three wheelers across the region to stay competitive in the market. Other competitive strategies include mergers with the research and development firms, new product developments, and marketing activities to increase customer outreach. These companies are also focusing on meeting the regulations of different regional governments and are also partnering with different research bodies to stay competitive in the market.

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“The demand for electric vehicles is expected to rise because of the less ownership cost of the electric vehicles and the market is expected to generate new opportunity as new players are entering into the race and this will bring more competitive products in the market and the government emission norms is also influencing the demand. At the same time, increase in the adoption of electric three wheelers for public commute is expected to drive Asia-Pacific electric three wheeler market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Asia-Pacific Electric Three-Wheeler Market Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028” has evaluated the future growth potential of Asia-Pacific Electric Three-Wheeler Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and helps decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Asia-pacific Electric Three-Wheeler Market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

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Tel: +1-646-360-1656

Email: [email protected]

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According to the TechSci Research report, "Electric Vehicle On-Board Charger Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028," Rising government initiatives to develop the infrastructure for charging electric vehicles and their related parts, as well as growing electric vehicle penetration, are driving the market for on-board chargers for electric vehicles. The lack of electric vehicle charging standards and the rising number of fast DC charger installations, however, are limiting the market's expansion. Additionally, the development of a two-way on-board charger (V2G) for future electric and plug-in hybrid vehicles offers companies in the electric vehicle on board charger market substantial potential opportunities. An on-board charger for electric vehicles converts AC power from a charging station to DC electricity so that a 350V or 650V battery within the car can be charged. The on-board charger is intended to charge the battery for a prolonged period of time and has a low charging rate (typically 5–8 h for full charge). Charging Power, propulsion type, vehicle type, design type, product type, region and competitional landscape are the market segments for electric vehicle onboard chargers.

Because it is a fossil fuel, gasoline cannot be renewed as a source of energy and will eventually run out. The creation and utilization of alternative fuel sources is crucial for promoting sustainable development. This entails the usage of electric vehicles, which are more cost-effective than traditional automobiles and do not require gasoline. The numerous benefits that electric vehicles provide, including their lower fuel (petrol, diesel, and gas) consumption and reduced exhaust emissions, have greatly increased demand for them around the world.

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The demand for on-board chargers for electric or plug-in hybrid vehicles is then anticipated to increase during the projected period as a result of this. Key players in the on-board charger industry, which is necessary for electric vehicles, are also taking several strategic actions to maximize their commercial opportunities. For instance, the performance of the onboard fast charger (NLG664) has been improved by Swiss auto component manufacturer BRUSA Elektronik. This charger has the option to charge at up to 7 kW from a single-phase AC outlet and can charge a normal EV battery utilizing 3-phase AC power up to 22 kW in less than an hour. Additionally, the Smart Fortwo, Electric Truck E-FORCE, Volvo C30 Electric Generation II, and SUNCAR's first electric excavator all include this on-board charger. For electric vehicles to be widely used, the infrastructure for charging them is essential. In order to supply EV charging stations all around the world, several government programs have been launched. 

One such project was the deployment of more than 200 EV charging stations across India by the Automotive Research Association of India (ARAI). In addition, Tata Power, an Indian electric utility firm and member of the Tata Group (India), supports the National Electric Mobility Mission of the Indian government by constructing the nation's first set of electric vehicles charging stations in Mumbai. Additionally, China is stepping up its efforts to preserve its leadership in the race to adopt electric vehicles by intending to invest USD1.42 billion this year to expand the nation's charging network by 50% in order to encourage EV deployment. Additionally, the surge in demand for electric vehicles has been fueled by an increase in the number of level 1 and level 2 charging stations and infrastructure (AC-to-DC). This is then anticipated to fuel the development of the on-board charger that is included with them.

According to the China Association of Automobile Manufacturers, China sold 26.3 million cars in 2021. In India the total number of electric vehicle sales in the year 2021, was 3,29,190 units. The sales of electric vehicle in United States of America were recorded around 608,000 units in 2021, which was double from 2020, the electric vehicle sales were recorded for 308,000 units. These sales include New Plug-in Electric Vehicle, Sales of new light-duty plug-in electric vehicles, including all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs).

There is no alternate source available for charging the battery supply in electric vehicles. A significant barrier to the expansion of the global market for on-board electric car chargers is the lack of charging stations in the majority of cities. Quality of infrastructure and range anxiety can potentially cause issues for electric vehicles and risk the driver's safety. Additionally, developing nations have less of the necessary infrastructure in place for the use of electric vehicles. In rural areas, where many households lack a specific parking space, due to this charging an electric vehicle is a challenge for the rural areas. Furthermore, sales of electric automobiles and commercial vehicles are significantly lower than sales of vehicles powered by internal combustion engines (ICE) outside of China due to the lack of technological maturity in these markets. Additionally, even though Palo Alto, California-based Tesla, an American electric vehicle and renewable energy company, is growing its network of chargers, they are made exclusively for Tesla cars. The 120- and 240-volt plugs, which are generally used in houses, have been standardised by the automobile industry. However, the plugs or ports that can charge vehicles in under 30 minutes have not yet been standardised. As a result, the growth is being hampered by all of these problems as well as the various rates at charging stations.

Some of the major players operating in the Global Electric Vehicle On-Board Charger market include:

• Meta System S.p.A
• Robert Bosch GmbH
• BorgWarner Inc
• HELLA GmbH & Co. KGaA
• Lear Corp.
• Ficosa Internacional SA
• BRUSA Elektronik AG
• YAZAKI Corporation
• KOSTAL Automobil Elektrik GmbH & Co. KG
• Analog Devices, Inc.

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“Many companies are investing in research and development for the innovation of electric vehicle charging infrastructure. As the adoption of electric vehicles is increasing with time in many countries the government is in plan to add more and more charging stations and battery manufacturing companies are in plan to launch new on-board chargers in the market for the easily arability of charger for electric vehicle owners. This will further help in driving the Global Electric Vehicle On-Board Charger market in the coming years. "said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Electric Vehicle On-Board Charger Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Propulsion Type (Battery Electric Vehicles (BEVs), By Vehicle Type (Passenger Vehicles, Commercial Vehicles), By Charging Power (<=6.6kW, 6.7-11.0kW, 11.1-22.0kW, >22.0kW), By Distribution Channel (OEMs, Aftermarket), By Design Type (Unidirectional, Bidirectional), By Product Type (Without Embedded DC/DC Converter, With Embedded DC/DC Converter), and By Region,” has evaluated the future growth potential of Global Electric Vehicle On-Board Charger Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Electric Vehicle On-Board Charger Market.

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TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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According to a report by TechSci Research titled "Construction Equipment Rental Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028," the global construction equipment rental market is experiencing growth due to significant advancements in the smart residential and commercial building sectors and government regulations favoring the manufacturing industry. The demand for heavy construction equipment rental services is particularly high in the Asia-Pacific region, South America, and the Middle East, where substantial investments are being made.

The global construction industry is expected to witness substantial growth in the coming years, driven by the infrastructure, residential, and non-residential sectors. India, for instance, boasts the second-largest road network globally, and the government plans to expand roadways to accommodate the increasing number of vehicles and traffic. Additionally, projects such as the Narmada Valley Development Project in Central India, the Delhi-Mumbai Industrial Corridor, and the National Highways Development Project contribute to the growing demand for construction equipment rental. Other projects like the chip production facility in Shanghai and the 4500 MW LNG thermal power station in Vietnam, as well as large-scale endeavors such as the USD 98 billion High-Speed Rail project in California, the USD 76 billion Dubailand project, and the USD 5 billion Grand Ethiopian Renaissance Dam in Ethiopia, further fuel the demand for construction equipment. Given the extensive development activities worldwide and the trend towards rental services, the demand for the construction equipment rental market is expected to continue growing.

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Increasing costs of new construction machinery have prompted construction companies and contractors to lean towards renting equipment instead of purchasing it. The purchase of new construction equipment requires substantial down payments and significant investments from the business' operational expenses. Moreover, after-purchase expenses for construction equipment, such as loans, interest, insurance, permits, warehousing, and taxes, add to the overhead costs. To minimize these expenses, many businesses prefer rental services, reducing both direct overhead costs and equipment delivery costs to job sites. Additionally, rental services offer advantages in terms of lower time and labor costs for maintenance and repairs.

In terms of equipment type, earth moving machinery holds the largest market share and is expected to remain at the forefront in the coming years. The Asia-Pacific region leads the market, driven by significant investments in major projects, followed by North America and Europe. In the Middle East and Africa, rental companies are expanding their fleet sizes for heavy lifting as well as small and medium lifting operations, further contributing to the market's growth.

The global construction equipment rental market can be segmented based on equipment type, product type, application, drive type, region, and competitive landscape. Equipment type categories include earth moving machinery, material handling machinery, and general equipment. Product types comprise excavators, cranes, backhoes, trucks, and others. Applications encompass residential, road transport, energy infrastructure, mining, and others. Drive types are categorized as IC engine and hybrid drive. The market is divided into regions such as Asia-Pacific, Europe & CIS, North America, South America, and the Middle East & Africa.

Some of the major companies operating in the Global Construction Equipment Rental Market include:

• United Rentals Inc.
• Caterpillar Inc.
• Kanamoto Co. Ltd.
• Liebherr International AG
• Byrne Equipment Rental
• Hitachi Group
• H&E Equipment Services
• Loxam Group
• Sumitomo Corporation
• Herc Rentals Inc.

The maximum number development projects are in Asia-Pacific, which propelled the sales of construction equipment in the region leading the global construction equipment rental market. Also, increasing cost of construction equipment is expected to drive the construction equipment rental market in the upcoming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Construction Equipment Rental Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Equipment Type (Earth Moving Machinery, Material Handling Machinery, General Equipment), By Product Type (Excavator, Cranes, Backhoe, Trucks, Others), By Application Type (Residential, Road Transport, Energy Infrastructure, Mining, Others), By Drive Type (IC Engine, Hybrid Drive), By Region” has evaluated the future growth potential of Global Construction Equipment Rental Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global construction equipment rental market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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According to a report by TechSci Research titled "Global Bus Market By Application, Length, Seating Capacity, Fuel Type, Body Type, Region, Competition Forecast & Opportunities, 2015 – 2025F," the global bus market is expected to reach $69 billion by 2025. This growth can be attributed to the expansion of road and transport infrastructure, increasing population, and the rising demand for electric buses. Government initiatives aimed at improving road infrastructure and the increase in vehicle production in major developing countries are also significant factors driving the bus market. Furthermore, the launch of new models in the electric bus segment and advancements in government policies are expected to lead to higher adoption of electric buses worldwide during the forecast period.

The global bus market is segmented based on seating capacity, fuel type, application type, length, built type, and region. In terms of seating capacity, the market is classified into up to 30-seater, 31 to 40-seater, and above 40-seater buses. Among these categories, the above 40-seater bus segment accounted for the largest market share in 2019 and is projected to maintain its leading position throughout the forecast period.

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Leading players in the global bus market include Zhenzhou Yutong Group, Volvo, Scania, TATA Motors Limited, Isuzu, Hino Motors, MAN, Marcopolo SA, Daimler AG, Iveco, Ashok Leyland, and others. These major bus companies are expanding their manufacturing bases in developing countries to meet the growing demand across APAC, the Middle East, Africa, and South America.

"Governments across various countries are encouraging consumers to choose electric buses over those running on fossil fuels in order to combat rising air pollution levels. Incentives and tax exemptions provided by governments to electric bus buyers to promote clean driving and protect the environment are expected to drive the bus market in the coming years," stated Mr. Karan Chechi, Research Director at TechSci Research, a global management consulting firm focused on research.

The report "Global Bus Market By Application, Length, Seating Capacity, Fuel Type, Body Type, Region, Competition Forecast & Opportunities, 2015 – 2025F" assesses the future growth potential of the global bus market and provides comprehensive statistics, market size information, market structure, and insights into future market growth. The report aims to provide cutting-edge market intelligence to help decision-makers make informed investment decisions. Additionally, it identifies and analyzes emerging trends, as well as essential drivers, challenges, and opportunities in the global bus market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to a report by TechSci Research titled "Global Wireless Electric Vehicle Charging Market By Charging Type, Power Supply Range, Charging System, Vehicle Type, Region, Competition, Forecast & Opportunities, 2025," the wireless electric vehicle charging market is expected to experience significant growth during the forecast period. This growth can be attributed to advancements in technology and strict regulations related to vehicle emissions, which are driving the adoption of electric vehicles worldwide and consequently fueling the wireless electric vehicle charging market. Moreover, governments in various countries are providing incentives to promote the electric vehicle market. The increasing number of electric vehicles on the road will lead to a greater deployment of electric vehicle wireless charging stations globally. However, the high initial cost of charging stations and investment in research and development may hinder market growth.

The global wireless electric vehicle charging market can be segmented based on charging type, power supply range, charging system, vehicle type, region, and company. Among these segments, passenger cars currently dominate the market and are projected to continue growing at a double-digit compound annual growth rate in the coming years. This is due to the early introduction of electric vehicle technology in passenger cars and the subsequent high sales in this segment. However, the sales outlook for commercial vehicles is also promising, as state and central governments are incorporating electric bus fleets into their transportation systems to reduce greenhouse gas emissions.

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Leading players in the global wireless electric vehicle charging market include HEVO Inc., Daimler AG, Qualcomm Technologies, Witricity Corporation, Mojo Mobility, Hella Kgaa Hueck & Co., ZTE Corporation, Integrated Device Technology, Inc., Hella Kgaa Hueck & Co., and Toyota Motor Corporation. These automotive players are implementing organic growth strategies, such as investing in research and development, to introduce cost-effective charging solutions and maintain their market leadership.

"Europe is expected to be at the forefront of the global wireless electric vehicle charging market, thanks to the early adoption of wireless electric vehicle infrastructure in countries like Germany and the presence of leading automotive players in the region," stated Mr. Karan Chechi, Research Director at TechSci Research, a global management consulting firm focused on research. "Additionally, the high sales of electric vehicles and the availability of vehicle charging infrastructure are projected to drive the European wireless electric vehicle charging market until 2025."

“Global Wireless Electric Vehicle Charging Market By Charging Type, By Power Supply Range, By Charging System, By Vehicle Type, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global wireless electric vehicle charging market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global wireless electric vehicle charging market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

The global two-wheeler tire market is projected to surpass $20 billion by 2025, according to the recent report released by TechSci Research titled "Global Two-Wheeler Tire Market By Vehicle Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2015-2025." The report highlights the major drivers fueling the demand for two-wheeler tires worldwide, including the increasing sales of two-wheelers due to their maneuverability and high mileage, as well as the expanding fleet of two-wheelers. Additionally, the growing vehicle population and traffic congestion in urban areas, particularly in developing economies, contribute to the rising demand for two-wheelers.

The Asia-Pacific region holds the largest share in the global two-wheeler tire market, primarily due to its high population density and inadequate road infrastructure in major economies. Countries such as China and India play a significant role in driving the global two-wheeler tire market. Another contributing factor is the growing acceptance of two-wheeler taxis in various parts of the world, further boosting the demand for two-wheeler tires.

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Leading two-wheeler tire manufacturers like Apollo, CEAT, MRF, IRC, and ZC Rubber are continuously expanding their business operations globally. They are also actively involved in research and development activities to manufacture technologically advanced, cost-effective, and efficient tires. This ongoing progress is expected to intensify competition in the global two-wheeler tire market over the next five years. Furthermore, companies worldwide are introducing performance-oriented radial tires to cater to different driving conditions, promoting the adoption of radial tires in the global two-wheeler tire market in the coming years.

In 2019, the scooter/moped segment dominated the global two-wheeler tire market. This was mainly driven by the high preference for scooters and mopeds, particularly in the Asia-Pacific region. The demand for scooters, especially from female drivers, has witnessed a significant rise in countries like India. Additionally, the rapid growth of premium scooters in European countries has further supported the dominance of the scooter segment and subsequently boosted sales of scooter tires in the global two-wheeler tire market.

TechSci Research also offers customers the opportunity to request a 10% free customization on the report. Mr. Karan Chechi, Research Director at TechSci Research, stated, "Low per capita income, rising crude oil prices, increasing traffic congestions, and poor public transport infrastructure in various major countries across Asia-Pacific and Africa are significant contributors to the growth of the global two-wheeler industry, driving the demand for two-wheeler tires. Moreover, with the general population's growing inclination towards two-wheelers due to their maneuverability and the expansion of product portfolios by major two-wheeler tire manufacturers, the global two-wheeler tire market is poised to grow steadily over the next five years."

The report, "Global Two-Wheeler Tire Market By Vehicle Type, By Demand Category, By Region, Competition Forecast & Opportunities, 2015-2025," provides a comprehensive analysis of the potential of the global two-wheeler tire market. It offers valuable information and statistics on market structure, trends, emerging market trends, key drivers, and challenges faced by the global two-wheeler tire market. The report aims to provide clients with cutting-edge market intelligence to facilitate informed investment decisions.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to TechSci Research report, “Global Body In White Market By Construction (Monocoque, Frame Mounted), By Manufacturing Method (Cold Stamping, Hot Stamping, Roll Forming, Hydro Forming), By Material (Steel, Aluminium, Magnesium, CFRP, Composites and Others), By Vehicle Type (Electric Vehicles, Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Region, Forecast & Opportunities, 2025”, global market for body in white is expected to grow at a steady rate during the forecast period. Due to increase in pollution, there is rising demand for electric vehicles which is anticipated to propel body in white market across the globe. Body in white is a stage in automobile manufacturing process in which all the components of the automobile are joined together to form the structure of the automobile using a particular technique, for instance, welding. Manufacturers have initiated upgrading the material of the body of the automobiles to high-strength steel to increase the material cost on strong and durable automobile structures. Thus, this has led to an increase in the demand for body in white (BIW) market. The growth of the market is greatly influenced by the motive of reducing CO₂ emissions due to which, the demand for electric vehicles is anticipated to rapidly increase as they assist in reducing the emissions. However, the high cost of manufacturing the body might acts as a hurdle in the growth of the market.

The global body in white market is segmented based on construction, manufacturing method, material, vehicle type, and region. The vehicle type segment is divided into electric vehicles, passenger vehicles, light commercial vehicles and heavy commercial vehicles. In 2019, electric vehicles witnessed the highest growth rate as their demand is increasing due to strict regulations pertaining to GHG emissions and subsidies offered by the government.

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Based on regional analysis, APAC region held the largest share in 2019 and the trend is likely to continue in the coming years as well, as the region has witnessed continuous growth with every passing year. Even with the retardation in the manufacture of automobiles like passenger cars, there has been no impact on the overall revenue of the region as there has been constant manufacture of other automobile segments. Countries like China contribute majorly to the market share as they produce around 25 million cars every year. Also, countries like Japan have shifted to light weight automobiles to strictly reduce emissions into the environment. This has led the region to attain a lion’s share in the market.

Some of the leading players in global body in white market include Gestamp Automoción, Voestalpine Group, Magna, Benteler International, CIE Automotive, Tower International, Aisin Seiki, Kirchhoff Automotive, Dura Automotive, Thyssenkrupp, JBM Auto, Autoneum Holding AG, KWD Automotive AG & Co. KG, Badve Group, PANSE Group of Companies, Plastic Omnium Co., AKKA Technologies, etc. These companies maintain efficient distribution channels to distribute their automobiles all over the world. The basic strategies adopted by the players to maintain their position in the market include mergers and acquisitions and launching new products, etc.

 “Asia-Pacific dominated the global body in white market during the forecast period; however, Europe is anticipated to grow at the fastest rate during the forecast period due to the presence of pre-existing automakers companies and their focus on technological advancements in the automotive sector. The region has high demand and supply of electric vehicles as countries in the region have stringent emission norms, which is driving the body in white market in the region.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Body In White Market By Construction (Monocoque, Frame Mounted), By Manufacturing Method (Cold Stamping, Hot Stamping, Roll Forming, Hydro Forming), By Material (Steel, Aluminium, Magnesium, CFRP, Composites and Others), By Vehicle Type (Electric Vehicles, Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global body in white market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global body in white market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

According to TechSci Research report, “Global Motorcycle ADAS Market By System Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2025”, the global motorcycle ADAS market is anticipated to grow at nearly 13% CAGR during 2015-2025, owing to a plethora of features offered by ADAS like auto stability control, cruise control, traction control, blind spot detection, among others. Moreover, increasing disposable income and demand for high engine capacity motorcycles with high end safety features are expected to boost demand for motorcycle ADAS during the forecast period.

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Global motorcycle ADAS market can be segmented based on demand category, system type and region. In terms of system type, Stability Control System accounts for the largest share and the trend is expected to continue in the forthcoming years as well. Robert Bosch GmbH, GUBELLINI s.a.s, Continental AG, Delphi, and BMW Motorrad are few of the leading players operating in the global motorcycle ADAS market.

“Asia Pacific dominated the global motorcycle ADAS market in 2019, backed by the presence of leading players and early adoption of such advanced technologies. Demand for motorcycle ADAS is anticipated to increase in Asia-Pacific region in coming years as well, on account of increasing safety concerns, popularity of high-engine capacity motorcycles among youth and growing demand for safety and comfort.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Motorcycle ADAS Market By System Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global motorcycle ADAS market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global motorcycle ADAS Market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

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The global diesel particulate filter market is poised to experience a significant growth rate due to several factors. Firstly, there is an increasing demand for diesel vehicles, particularly trucks used in logistics and transportation. This, coupled with stringent emission regulations worldwide and rising concerns for environmental safety, contributes to the projected double-digit growth rate. Technological advancements have also led to the development of efficient diesel particulate filters, creating opportunities for manufacturing companies to expand their market presence.

Automobile companies are increasingly utilizing diesel particulate filters as they enhance vehicle performance, reduce fuel consumption, and provide better transient response. Furthermore, diesel particulate filters help to lower the total operating cost of the system compared to non-diesel particulate filter systems. The growing industrialization, especially in developing countries, leads to an increased demand for commercial vehicles, further boosting the diesel particulate filter market. This is primarily due to the mandatory use of diesel particulate filters to comply with stringent emission norms. Additionally, rising health concerns drive the demand for reducing carbon and other particulate emissions from automobile exhausts. Consequently, these factors are expected to drive the demand for diesel particulate filters in the coming years.

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However, the growth of the diesel particulate filter market may face certain hindrances. The high cost of diesel particulate filters and government initiatives promoting electric vehicles, which do not require such filters, are major factors impeding the market's growth.

The global diesel particulate filter market is categorized based on substrate type, regeneration catalyst, vehicle type, sales channel, and region. Substrate types include cordierite, silicon carbide, and others. Among these, the silicon carbide segment holds the largest market share due to its widespread use in light commercial vehicles and passenger cars. As the production of these vehicles increases, silicon carbide becomes the preferred choice for manufacturing. In terms of vehicle type, the passenger car segment dominates the diesel particulate filter market due to the rising sales of passenger cars. The growing demand for luxury passenger cars worldwide is also expected to drive the demand for diesel particulate filters in the forecast years.

Key players in the global diesel particulate filter market include Delphi Automotive LLP, BASF SE, Bosal Nederland BV, Denso Corp, Eberspaecher Gruppe GmbH & Co KG, Faurecia SE, Friedrich Boysen GmbH & Co KG, Johnson Matthey PLC, Tenneco Inc., NGK Insulators Ltd, and others. These companies are closely monitoring the shifting trends towards BS VI and EU V vehicles, which require diesel particulate filters.

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“Regionally, Europe accounts for largest market share in global diesel particulate filter market. The region is witnessing significant demand for diesel particulate filters on account stringent norms to reduce release of particulates in the atmosphere from various environment protection agencies. This has motivated automobile manufacturers in the region to use diesel particulate filters in their automotive engines. However, the manufacturers need to focus on developing advanced technologies to supplement the market growth and give tough competition to electronic vehicle manufacturers,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Diesel Particulate Filter Market By Substrate Type (Cordierite, Silicon Carbide, Others), By Regeneration Catalyst (Platinum-Rhodium (Pt-Rh), Palladium-Rhodium (Pd-Rh), Platinum-Palladium-Rhodium (Pt-Pd-Rh)), By Vehicle Type (Passenger Car, Light Commercial Vehicles (LCV), Truck, Bus, Off Highway Vehicles), By Sales Channel (OEM, Aftermarket), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global diesel particulate filter market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global diesel particulate filter market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com

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TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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According to TechSci Research report, “Global Small Electric Vehicle Market by Battery Type), By Vehicle Type, By Technology, By Region, Competition, Forecast & Opportunities, 2025”, the global small electric vehicle market stood around 2.2 million units in 2019 and is forecast to cross 3.2 million units by 2025. Due to growing consumer interest in purchasing electric cars and emphasis by the governments of various countries on clean energy vehicles, the market for small electric vehicle is growing at a rapid pace across the globe. Moreover, increasing demand for alternate fuels, rising air and noise pollution, advancements in the field of electric mobility, among others are some of the other factors driving the global small electric vehicle market. Additionally, the subsidy allocation for purchasing these vehicles by governments of developing economies would further fuel the growth of the small electric vehicle market.

However, lack of technical awareness and high procurement cost is hampering the growth of small electric vehicle market, especially for the developing countries. The global small electric vehicle market is segmented based on battery type, vehicle type, by technology, and by region. In terms of battery type, the market is segmented into Lithium-Ion and Nickel-Metal-Hydride segments. Lithium-Ion battery segments dominates the market and this trend is expected to continue during the forecast period as well. Nowadays, Lithium-Ion battery is used in almost all electric vehicles due to its high energy per unit mass in comparison to other electrical storage systems and also having attractive benefits like high energy efficiency, high power-to-weight ratio, low self-discharge and good high-temperature performance than other batteries.

In terms of vehicle type the market is segmented into Passenger Car and Light Commercial Vehicle. Passenger car segment accounts for the largest share in the global small electric vehicle and it is expected that passenger car will continue to dominate the market till 2025F. Subsidy allocation for purchasing these vehicles by governments and longer lifespan of these vehicles in comparison to diesel vehicles is fuelling the adoption rate of electric passenger cars across the globe.

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In terms of regional analysis, the market can be segmented into North America, Asia-Pacific, and Europe. Asia-Pacific is anticipated to dominate the market during the forecast period with China’s small electric vehicle market expected to account for majority of the sales in the region. GM Group, Tesla Inc, Daimler AG, BMW AG, and Hyundai Motor Company are some of the leading small electric vehicle manufacturers across the globe. Asia-Pacific is expected to dominate the global small electric vehicle market over the next five years, due to increase in investments towards alternative fuel technologies in several countries of the region. Sales of small electric vehicles across the region are driven by the presence of several regional players with their strong distribution channel across the region. Additionally, governments in various countries of the region are providing subsidies and tax benefits to small electric vehicle manufacturers, which is positively impact the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Small Electric Vehicle Market by Battery Type), By Vehicle Type, By Technology, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global small electric vehicle market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global small electric vehicle market.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Web: https://www.techsciresearch.com