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  • UAE Organic Farming Market To Grow With Advancing Technologies In Agriculture Sector

    UAE Organic Farming Market is anticipated to grow with growing demand for food security, in the forecast period, 2023-2027F.

    According to TechSci report on, “UAE Organic Farming Market - By Region, Competition Forecast & Opportunities, 2027” UAE organic farming market might register an impressive CAGR during the forecast period, 2023-2027, to establish growth due to factors like growing demand for the higher yields of the crop and ensure food security for all the residents of the nation. The country imports large share of the food crops from the neighboring countries and in the recent years the demand to for inland crops and decrease the dependency over the imports is also driving the growth of the UAE organic farming market in the upcoming five years. Organic farming is not a convenient process in the country. Lack of agriculture land, and resources like water, nutrient in the soil, higher quality of the soil, also upsurges the demand for the artificial methods of agriculture and thus influencing the growth of the UAE organic farming market in the next five years. Demands for fruit & vegetable crops in desert lands is growing rapidly and supporting the growth of the UAE organic farming method. Excessive usage of pesticides and weedicides causes adverse effects like bioaccumulation. Demand for toxin free food, and organic food is substantiating the growth of the UAE organic farming market in the future five years. Agricultural practices in UAE includes, drip irrigation, oasis farming, hydroponics, and other artificial processes of farming. Tendency of toxin generation and infectious diseases spread among the plant is higher, thus demands for the organic methods and products is increasing and aiding the growth of the UAE organic farming market in the forecast years through 2027.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UAE Organic Farming Market"

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    The UAE organic farming market segmentation is based on type, method, land area, ownership, crop type, competitional landscape, and regional distribution. Based on type segment is further fragmented into pure organic farming, and integrated organic farming. Integrated organic farming is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of growing instances of agricultural advancement in the country. The lands in the country are not traditional agriculture friendly. Lack of quality soil, high nutrient content in the soil, and lack of water retention capacity in the soil influences the opt for integrated organic farming instead of pure organic farming. Moreover, technological advancements like utilizing LED lights, artificial sources of irrigation water, and artificial supply of nutrient are supporting the growth of the sub-segment as well as the growth of the UAE organic farming market in the future five years.

    By method, the market segments are defined as crop rotation, polyculture, mulching, cutting, composting, weed management, soil management, and others. Based on land area, market is again bifurcated into Up to 1 Hectare, 1.1-5 Hectare, 5.1-10 Hectare, and 10.1-30 Hectare. Market segmentation is also considered by ownership, into contract farming and inhouse farming. Based on crop type, the market is further segmented into oilseeds & pulses, cereals & grains, fruits & vegetables, and others.

    A partial list of major market players of the UAE organic farming market includes :

    • Emirates Bio Farm
    • Saif Al Shamsi of the Bufjair Trading Company (BTC) (Desert Organic Farm)
    • Wafra Farms
    • Pure Harvest Smart Farms Ltd.
    • Green Heart Organic Farms

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    “Widespread production, consumption, and import of organic food products is driving the growth of the UAE organic farming market in the upcoming five years. The agriculture industry draws added advantages from the government like offering subsidies in the irrigation water, and organic fertilizers and pesticides supports the growth of the UAE organic farming market in the next five years. Artificial agricultural practices like desert farming, oasis farming, hydroponic systems, and green house systems enables the expansion of the organic farming scopes in the country thereby they are anticipated to further substantiate the growth of the UAE organic farming market in the future five years. Also, the population is more aware of the toxins and chemicals being infused in the food crops and thus bioaccumulations consequences, so they are also demanding for the organic products and methods for the food crop growths thus substantiating market growth in the consecutive five years. New market players may invest in the latest technologies and advancing the existent techniques to enhance the yields of the crops and thus their own brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    UAE Organic Farming Market By Type (Pure Organic Farming v/s Integrated Organic Farming), By Method (Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, Others), By Land Area (Up to 1 Hectare, 1.1-5 Hectare, 5.1-10 Hectare, 10.1-30 Hectare), By Ownership (Contract Farming v/s Inhouse), By Crop Type (Fruits & Vegetables, Herbs, Organic Eggs, Others), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of UAE organic farming 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 UAE organic farming market.

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  • United Kingdom Plant Growth Regulators (PGRs) Market 2027

    United Kingdom Plant Growth Regulators (PGRs) Market to be driven by rising investments in agriculture sector.

    According to TechSci report on, “United Kingdom Plant Growth Regulators (PGRs) Market - By Region, Competition Forecast & Opportunities, 2027”, United Kingdom plant growth regulators (PGRs) market may flourish with an impressive CAGR during the forecast period of 2023-2027, on the backbone of growing demands for the higher yielding crops. Increasing need for the enhancing productivity of the crops and enhance the growth hormone concentrations in the plant, the demands for the plant growth regulators are increasing, and thus driving the growth of the United Kingdom plant growth regulators (PGRs) market in the upcoming five years. Rising demands for the high productions of food crops and fruits & vegetable crops further support the growth of the United Kingdom plant growth regulators (PGRs) market in the next five years. Growing population of the country along with the higher consumption of food fuels the growth of the market. Growing demands for the sustainable agricultural practices also facilitate the growth of the United Kingdom plant growth regulators (PGRs) market in the future five years. Demand for food security for all the population along with providing nutritive high value food and organic food demands further support the growth of the United Kingdom plant growth regulators (PGRs) market. Decreasing arable lands, decreasing cultivable lands due to increased construction of residential, industrial building further drives for the higher yields of the existent crops, thereby aiding to the growth of the United Kingdom plant growth regulators (PGRs) market. Total land area where crops can be grown in the United Kingdom in the year 2021 was 6.02 million hectares. Out of which 4.48 million hectares are actually used for agriculture practices.

    Increasing investment in the agricultural industry along with the further expansion of the agriculture sector, increasing imports and exports further facilitates the growth of the United Kingdom plant growth regulators (PGRs) market in the forecast years through 2027. Furthermore, government support, favorable tax incentives along with the supportive schemes for the farmers are expected to further substantiate the growth of the United Kingdom plant growth regulators (PGRs) market in the forecast period.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United Kingdom Plant Growth Regulators (PGRs) Market"

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    The United Kingdom plant growth regulators (PGRs) market is segmented by type, crop type, function, formulation, competitional landscape, and regional distribution. Based on type, the market is further segmented into auxin, gibberellin, cytokinin, and others. Cytokinin are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of higher production of fruits and vegetables. Surge in the demand for organic fruit and vegetable cultivation also supports the segmental growth. Organic farming practices along with the sustainable agricultural practices substantiate the growth of the United Kingdom plant growth regulators (PGRs) market in the forecast years through 2027.

    By crop type, the market is fragmented into fruits & vegetables, cereals & grains, oilseeds & pulses, and turf & ornamentals. Cereals & grains are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to increasing demands for the food crops. Increasing population of the country and demands for food security for whole population also supports the growth of the segment along with the growth of the United Kingdom plant growth regulators (PGRs) market in the next five years. Based on function, the market is also analyzed among stimulators, promotors, inhibitors, and retardants. By formulations, the market is also bifurcated into water-dispersible & water-soluble granules, solutions, wettable powders, and tablets. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.

    A partial list of major market players of the United Kingdom plant growth regulators (PGRs) market includes :

    • BASF UK Limited
    • Bayer UK Limited
    • Syngenta (UK) Limited
    • Nufarm UK Limited
    • Sumitomo Chemical (UK) Plc.

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    “Increased investment and advancement in the plant hormones and plant growth regulators (PGRs) drive the growth of the market. Growing acceptance of modern farming techniques further supports the growth of the market in the recent years. Leading manufacturers are also setting up their manufacturing units in the country along with focusing on the development of the more advanced and potent products that is anticipated to further support the growth of the United Kingdom plant growth regulators (PGRs) market. Increasing number of the market players in the country dedicated toward providing advanced and new line of products launching in the industry further support the market growth. New market players are advised to focus on the investing their resources and finances in evolving their research as well as product development to establish their brand in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    United Kingdom Plant Growth Regulators (PGRs) Market By Type (Auxin, Gibberellin, Cytokinin, Others), By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), By Function (Stimulators, Promotors, Inhibitors, Retardants), By Formulation (Water-Dispersible & Water-Soluble Granules, Solutions, Wettable Powders, Tablets), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of United Kingdom plant growth regulators (PGRs) 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 United Kingdom plant growth regulators (PGRs) market.

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    Contact

    Mr. Ken Mathews

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    Manhattan, NY,

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    Tel: +1-646-360-1656

    Email: [email protected]

    Web:  https://www.techsciresearch.com


  • Global Automotive Aquaplaning Solution Market Analysis, Size, Share, Growth & Forecast 2030

    Increased government focus on road safety and adoption of aquaplaning solutions in sports cars are expected to drive the demand for global automotive aquaplaning solution market growth in the forecast period, 2023-2030.

    The global automotive aquaplaning solution market is anticipated to grow at a CAGR of 37.64% in the forecast period, 2026-2030, to reach 37.13 thousand units by 2030. Factors such as favorable government policies, supporting the adoption of electric vehicles in their respective countries, and growing road safety concerns to lower the occurrence of road accidents are primarily driving the demand for global automotive aquaplaning solutions. Also, the high sales and production of premium vehicles around the globe and rapid adoption of advanced technologies by the automobile manufacturers to increase the performance of vehicles are expected to accelerate the growth of global automotive aquaplaning solution market in the forecast period.

    Road accidents in rainy weather and on wet roads are common as the tires lose the friction while driving. Precipitation reduces the drivers' visibility, leading to severe road accidents and loss of life. The automakers install the aquaplaning solutions in automobiles to reduce road accidents and enhance passenger safety. With the massive demand for automobiles around the globe for daily commute purposes, the demand for automotive aquaplaning solutions is expected to rise in the forecast period.

    The global automotive aquaplaning solution market is divided into type, regional distribution, and competitive landscape. Based on type, the market is divided into ICE vehicles, electric vehicles, and autonomous vehicles. Autonomous vehicles are expected to witness the fastest incremental growth with a CAGR of 68.95% in the forecast period, 2026-2030. Autonomous vehicles are gaining popularity due to ease, convenience and comfort offered to the passengers. Also, they provide higher safety while driving, and minimize the chances of human error as the vehicle drive by themselves. The advantages offered by autonomous vehicles are supporting the massive demand for autonomous vehicles around the world.

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    The major players operating in the global automotive aquaplaning solution market are EasyRain i.S.p.A, Robert Bosch GmbH and Italdesign Giugiaro S.p.A.

    Years considered for this report:

    Estimated Year: 2022

    Forecast Period: 2023-2030

    Objective of the Study:

    • To estimate and forecast the market size of the global automotive aquaplaning solution market from 2023 to 2030 and growth rate until 2030.
    • To classify and forecast the global automotive aquaplaning solution market based on type, regional distribution, and competitive landscape.
    • To identify drivers and challenges for the global automotive aquaplaning solution market.
    • To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the global automotive aquaplaning solution market.
    • To conduct pricing analysis for the global automotive aquaplaning solution market.
    • To identify and analyze the profile of leading players operating in global automotive aquaplaning solution market.

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    TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading automotive aquaplaning solution service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the automotive aquaplaning solution service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the automotive aquaplaning solution service providers, distribution channels and presence of all major players operating in the automotive aquaplaning solution service providers all over the world.

    TechSci Research calculated the global automotive aquaplaning solution market size using a bottom-up approach, where data for various regions was recorded and forecasted for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

    Key Target Audience:

    • Automotive aquaplaning solution service providers / suppliers/ distributors
    • Government bodies such as regulating authorities and policy makers
    • Organizations, forums, and alliances related to automotive aquaplaning solution
    • Market research and consulting firms

    The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive aquaplaning solution service providers, suppliers, distributors, and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.  

    Report Scope:

    In this report, global automotive aquaplaning solution market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

    • Automotive Aquaplaning Solution Market, By Type:
    • ICE Vehicles (Excluding Autonomous)
      • Electric Vehicles (Excluding Autonomous)
      • Autonomous Vehicles
    • Automotive Aquaplaning Solution Market, By Region:
      • North America
      • Asia-Pacific
      • Europe
      • Rest of the World

    Competitive Landscape

    Company Profiles: Detailed analysis of the major companies present in global automotive aquaplaning solution market.

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    Contact

    Mr. Ken Mathews

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    Manhattan, NY,

    New York – 10017

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    Email: [email protected]

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  • India Pulse Oximeter Market to reach USD69.75 Million by 2028

    Incidence of chronic respiratory disease like chronic obstructive pulmonary disease and Asthma in the country is expected to drive the growth of India pulse oximeter market.

    India pulse oximeter market was valued at USD79.44 million in 2022 and is expected to reach at a CAGR of 0.50% in the forecast period to reach USD69.75 million by 2028. Factors such as the increased prevalence of chronic respiratory diseases and chronic incidences and advancements in pulse oximeter technology are primarily driving the demand for the India pulse oximeter market. Also, the surge in the geriatric population who are more prone to getting infected by diseases and favorable government initiatives and policies are expected to propel the India pulse oximeter market growth over the next five years.

    Pulse oximeter finds applications in detecting heart and respiratory disorders and congenital heart defects (CHD), thereby witnessing massive demand in healthcare facilities. Pulse oximeters provide cost-effective solutions and immediate test results to patients, which allows them to take steps to prevent any mishappenings. The rise in awareness among the patients regarding the benefits of adopting preventive healthcare measures is expected to accelerate the demand for pulse oximeter devices.

    The high-end investments by the market players in research and development activities and technological advancements are creating lucrative growth opportunities for the India pulse oximeter market in the forecast period. Integration of easy data transfer system, alarm system, bluetooth technology, and artificial intelligence to enhance the performance are garnering customer attraction. However, limitations under certain conditions and regulations on the use of pulse oximeters may hinder the growth of the India pulse oximeter market in the forecast period.

    The India pulse oximeter market is segmented by type, patient type, end user, regional distribution, and competitive landscape. Based on end users, the market is divided into hospitals & clinics, homecare, and others. Hospitals & clinics dominated the market in 2022 and accounted for 44.82% of the overall market share. The high footfall of patients in hospitals & clinics and a rise in hospital admissions due to patients suffering from asthma and COPD are driving the demand for systems for continuous monitoring of patients.

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    The major market players operating in the India pulse oximeter market are India Medtronic Private Limited, Masimo Medical Technologies India Private Limited, Smith’s Medical India Private Limited, Wipro GE Healthcare Private Limited, Contec Medical Systems India Private Limited, BPL Medical Technologies Private Limited, Beurer India Private Limited, Hill-Rom India Private Limited, Opto Circuits India Ltd., and Philips India Limited.

    Years considered for this report:

    Historical Years: 2018-2021

    Base Year: 2022

    Estimated Year: 2023

    Forecast Period: 2024–2028

    Objective of the Study:

    • To analyze the historical growth of the market size of India pulse oximeter market from 2018 to 2021.
    • To estimate and forecast the market size of India pulse oximeter market from 2023 to 2028 and growth rate until 2028.
    • To classify and forecast India pulse oximeter market based on type, patient type, end user, regional distribution, and competitive landscape.
    • To identify dominant region or segment in the India pulse oximeter market.
    • To identify drivers and challenges for India pulse oximeter market.
    • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India pulse oximeter market.
    • To identify and analyze the profile of leading players operating in India pulse oximeter market.
    • To identify key sustainable strategies adopted by market players in India pulse oximeter market.

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    TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of pulse oximeter manufacturing companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.

    TechSci Research calculated the India pulse oximeter market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

    The India pulse oximeter market is segmented into type, patient type, end-user, region, and by company. Based on product type, the market is bifurcated into fingertip pulse oximeter and handheld pulse oximeter. Fingertip Pulse Oximeter held the largest market share of around 82.25% in 2022. This can be attributed to their widespread use in the hospital and home care segment during the second wave of COVID-19 in the country. Additionally, the user's fingertip pulse oximeters are easy to handle and do not require any charging because of the usage of batteries; therefore are easily transportable and provide instant readings.

    News : https://www.techsciresearch.com/news/7192-india-pulse-oximeter-market.html

    Based on the end user, the market is divided into hospitals & clinics, homecare, and others. The hospitals & clinics segment dominated the market in 2022 and is anticipated to maintain its dominance during the forecast period. The rise in demand for pulse oximeters in hospitals & clinics is due to the rising cases of medical emergencies requiring pre-monitoring the vitals before undergoing any surgery or operation and even monitoring post-operation. Further, the increasing number of geriatric patients in nursing homes is the primary factor driving the pulse oximeter market in healthcare facilities like hospitals, nursing homes, and clinics.

    Based on regional analysis, South India accounted for the largest market share in the India pulse oximeter market due to the high incidence of COVID-19 cases and high literacy rate among people, making them opt for pulse oximeters for self-monitoring. Easy use of pulse oximeters is expected to play a significant role in accelerating the demand for pulse oximeters over the next five years.

    Key Target Audience:

    • Pulse oximeter manufacturing companies/partners
    • End-Users
    • Government bodies such as regulating authorities and policy makers
    • Organizations, industry associations, forums and alliances related to pulse oximeter
    • Market research and consulting firms

    The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as pulse oximeter manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

    Report Scope:

    In this report, India pulse oximeter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

    • India Pulse Oximeter Market, By Type:
      • Fingertip
      • Handheld
    • India Pulse Oximeter Market, By Patient Type:
      • Adult
      • Pediatric
      • Neonatal
    • India Pulse Oximeter Market, By End Users:
      • Hospitals & Clinics
      • Homecare
      • Others
    • India Pulse Oximeter Market, By Region:
      • South
      • West
      • North
      • East

    Competitive Landscape

    Company Profiles: Detailed analysis of the major companies present in India pulse oximeter market.

    Available Customizations:

    With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

    Company Information

    Detailed analysis and profiling of additional market players (up to five)

     

    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


  • Saudi Arabia Electric Vehicle Charging Infrastructure Market 2027

    Growing demand for EV fast-charging infrastructure and stringent emission regulations are expected to drive the demand for Saudi Arabia electric vehicle charging infrastructure market in the forecast period, 2023-2027.

    According to TechSci Research report, Saudi Arabia Electric Vehicle Charging Infrastructure Market By Vehicle Type (Two- Wheeler, Passenger Car, Commercial Vehicle), By Type (AC, DC), By Charging Mode (Plug-in, Wireless), By Installed Location (Commercial, Residential), By Connector Type (Type 1, Type 2, UK 3-Pin, CHAdeMO, CCS, Others), By Type of Charging (Slow, Fast), By Region, Competition Forecast & Opportunities, 2027, the Saudi Arabia electric vehicle charging infrastructure market is expected to witness robust CAGR in the forecast period, 2023-2027. The rapid transition of the automotive industry from fuel-based to electric vehicles to decarbonize the transportation industry is accelerating the adoption of electric vehicles in the Kingdom of Saudi Arabia. The electric vehicle industry is at a nascent stage, and the total electric vehicle penetration in Saudi Arabia is less than 1% at present which provides ample growth opportunity to the market players of Saudi Arabia electric vehicle charging infrastructure market.

    However, the high cost of electric vehicles may restrain the Saudi Arabia electric vehicle charging infrastructure market growth in the forecast period.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Electric Vehicle Charging Infrastructure Market"

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    The Saudi Arabia electric vehicle charging infrastructure market is segmented into vehicle type, type, charging mode, installed location, connector type, type of charging, regional distribution, and company.

    Based on vehicle type, the market is divided into two- wheeler, passenger cars, and commercial vehicles. Passenger electric vehicles are expected to hold the largest market share in the forecast period due to the shift in preference of consumers to buy electric vehicles instead of investing in the purchase of traditional vehicles. People buy electric vehicles due to their cost-effectiveness, low maintenance, and environment-friendly nature.

    Based on type, the market is divided into AC and DC. DC charging type is expected to account for significant market share in the next five years as they offer fast charging than AC charging and will take less time to charge the electric vehicles.

    Based on charging mode, the market is divided into plug-in and wireless. Wireless charging is expected to witness the fastest incremental growth in the next five years as it is highly convenient and does not damage the wires.

    Based on installed location, the market is divided into commercial and residential. Commercial locations are expected to dominate the market in the next five years. Setting up charging stations requires high investments, which is one of the major reasons people prefer to charge electric vehicles from public charging stations.

    Based on connector type, the market is divided into type 1, type 2, UK 3-Pin, CHAdeMO, CCS, and others. CCS connector type is a combined charging system, and the demand for CCS connectors is expected to grow at a rapid rate in the next five years. CCS is used for the rapid charging of electric vehicles. It used connections of the Type 2 interface and the additional two DC power lines that can run at higher voltages than the standard connector. It does not require much space on electric cars and can be used on a range of vehicles.

    Based on the type of charging, the market is divided into slow and fast. Fast charging is expected to account for a significant market share in the forecast period as it is highly preferred among consumers due to convenience and speed. Fast charging stations focus on recharging the electric batteries in a minimum amount of time. With the ongoing advancements in fast charging technology, the average time for rapid charging is decreased, due to which the traveling distance for electric vehicles can be increased. The installation of fast-charging stations at public places is expected to act as a positive factor for the sales of electric vehicles.

    Major market players operating in Saudi Arabia electric vehicle charging infrastructure market are:

    • Electromaps S.L.
    • Schneider Electric Saudi Arabia
    • NEC Saudi Arabia Ltd.
    • ABB Ltd.
    • CATEC Mobility

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    “Saudi Arabia is developing the electric vehicle manufacturing industry, and the current framework for the construction of electric vehicle charging infrastructure  is at an early stage and requires significant investment. Saudi Arabia has signed a memorandum with the United Kingdom to reduce carbon emissions and support the Saudi Vision 2030, and both the countries cooperate and share technical expertise to develop technologies for electric vehicles and smart grids, which is expected to act as a positive factor for Saudi Arabia electric vehicle charging infrastructure  market. Introduction of “On-the-go” charging” as well as wireless charging and manufacturing of advanced batteries with high capacity is expected to propel the Saudi Arabia electric vehicle charging infrastructure market till 2027”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Saudi Arabia Electric Vehicle Charging Infrastructure Market By Vehicle Type (Two- Wheeler, Passenger Car, Commercial Vehicle), By Type (AC, DC), By Charging Mode (Plug-in, Wireless), By Installed Location (Commercial, Residential), By Connector Type (Type 1, Type 2, UK 3-Pin, CHAdeMO, CCS, Others), By Type of Charging (Slow, Fast), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia electric vehicle charging infrastructure 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 electric vehicle charging infrastructure market.

    News : https://www.techsciresearch.com/news/7114-saudi-arabia-electric-vehicle-charging-infrastructure-market.html

    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


  • Saudi Arabia Automotive Sensors Market to be dominated by Passenger Car through 2027

    Surge in use of custom designed electronics devices and growing demand for intelligent sensors in vehicles are driving the demand of Saudi Arabia automotive sensors market in the forecast period, 2023-2027.

    According to TechSci Research report, Saudi Arabia Automotive Sensors Market By Sensor Type (Temperature Sensor, Pressure Sensor, Oxygen Sensor, Position Sensor, Motion Sensor, Torque Sensor, Optical Sensor, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (ADAS, Chassis, Powertrain, Others), By Technology (MEMS, Non-MEMS), By Region, Competition Forecast & Opportunities, 2027, the Saudi Arabia automotive sensors market is expected to witness robust CAGR in the forecast period, 2023-2027. Stringent vehicle safety regulations emphasizing the need to implement safety measures in automobiles and reduce pollution and the growing investments in the automotive infrastructure development are the key driving factors for Saudi Arabia automotive sensors market. Consumers' growing expenditure capacity enables them to afford electric vehicles and advanced automobiles having attractive features. Market players are employing automotive sensors to garner customer attraction and stay ahead in the market.  

    However, data privacy and security concerns may restrain the Saudi Arabia automotive sensors market growth for the forecast period.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Automotive Sensors Market"

    https://www.techsciresearch.com/report/saudi-arabia-automotive-sensors-market/9439.html

    The Saudi Arabia automotive sensors market is segmented into sensor type, vehicle type, application, technology, regional distribution, and competitive landscape.

    Based on sensor type, the market is divided into temperature sensor, pressure sensor, oxygen sensor, position sensor, motion sensor, torque sensor, optical sensor, and others. The position sensor is expected to capture the largest market share in the forecast period owing to the high demand for luxury vehicles and improved driving experience by consumers. Automotive manufacturers are making efforts to enhance comfort and convenience while driving automobiles, thereby accelerating the demand for autopilot and autonomous vehicles. The demand for position sensors is gaining momentum owing to the need to ensure the proper functioning and safety of all vehicle components and automobiles. Ongoing innovations in the automotive industry and the launch of advanced position sensors are expected to accelerate the demand for position sensors across the country.

    Based on vehicle type, the market is divided into passenger car and commercial vehicle. The commercial vehicle is expected to witness the fastest incremental growth in the next five years owing to the strong economic position of the Kingdom of Saudi Arabia and the flourishing transportation and logistics sector. The growth of the e-commerce industry, which requires an efficient supply chain due to high internet penetration and the proliferation of smart devices, is expected to fuel the demand for commercial vehicles in the forecast period. Growing sales of commercial vehicles increase the demand for advanced automotive sensors to have a comfortable and safe riding experience.

    Based on application, the market is divided into ADAS, chassis, powertrain, and others. The powertrain segment is expected to dominate the market through the next five years. The powertrain bolsters the demand for position, speed, pressure, gas as they are crucial to ensure a safe and comfortable riding experience for passengers. Implementation of strict emission regulations by leading authorities boosts the adoption of sensors in powertrain systems.

    Based on technology, the market is divided into MEMS and Non-MEMS. MEMS segment is expected to account for a significant market share in the forecast period. MEMS sensors are used for different applications in automobiles, such as oil pressure sensing, exhaust gas recirculation, tire pressure monitoring systems, and pedestrian protection. These sensors offer several advantages in an automobile, including small size, low cost, and high efficiency.

    Major market players operating in Saudi Arabia automotive sensors market are:

    • Robert Bosch GmbH
    • Denso Corporation
    • Infineon Technologies AG
    • Texas Instruments Incorporated
    • Continental AG
    • Sensata Technologies
    • BorgWarner Inc. (Delphi Technology)
    • Maxim Integrated
    • Analog Devices, Inc.
    • General Electric Company

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    “The government is planning to invest in the construction of Neom City, which is expected to fuel the demand for autonomous vehicles for daily commuting purposes in Neom City. Neom city is expected to support the most advanced infrastructure and with the growing efforts to develop the advanced telecommunication sector by government is expected to support vehicle-to-vehicle and vehicle-to-city communications. Automotive sensor market players are advised to invest in R&D activities to advance the sensor technology and make it suitable for autonomous vehicles. The growing number of market players, supportive government policies, and the continuous evolution in technology is expected to propel the Saudi Arabia automotive sensor market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Saudi Arabia Automotive Sensors Market By Sensor Type (Temperature Sensor, Pressure Sensor, Oxygen Sensor, Position Sensor, Motion Sensor, Torque Sensor, Optical Sensor, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (ADAS, Chassis, Powertrain, Others), By Technology (MEMS, Non-MEMS), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia automotive sensors 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 automotive sensors market.

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  • Europe Electric Commercial Vehicle Market to Grow at a CAGR of 25.12% through until 2027

    Increasing penetration of electric commercial vehicle manufacturers & sustained focus of the government on adoption of green vehicles will lead to the growth of electric commercial vehicles in the forecasted period.

    According to TechSci Research report, Europe Electric Commercial Vehicle Market- By Country, Competition Forecast and Opportunities, 2017-2027, Europe electric commercial vehicle market is anticipated to grow at a CAGR of 25.12% in terms of value, during the forecast period, owing to the increased rate of EV adoption by commercial fleet management companies and growing government focus on the implementation of electric buses. Europe electric commercial vehicle market stood at around 88,950 units in the year 2021. France, being the largest electric commercial vehicle market in Europe, is expected to grow at a CAGR of 23.11% in the forecast period in terms of volume. Moreover, several public and private initiatives are expanding the charging infrastructure in the region. Additional benefits are provided to the EV drivers like preferential parking permits and ability to drive in bus and taxi lanes and subsidies in purchase tax, VAT, toll road charges, registration tax, and annual circulation tax giving a point of affordability to consumers and hence, sustained growth is expected in the region.

    Browse over 47 market data Figures and spread through 90 Pages and an in-depth TOC on " Europe Electric Commercial Vehicle Market"

    https://www.techsciresearch.com/report/europe-electric-commercial-vehicle-market/9499.html

    Europe electric commercial vehicle market is classified based on propulsion type, vehicle type, range, and country. Based on propulsion type, the market is segmented into BEVs, HEVs, PHEVs, and FCEVs. Hybrid electric vehicles (HEVs) currently constitute a majority of the market because they are relatively inexpensive and provide better range/autonomy. However, the popularity of battery electric vehicles is steadily increasing due to their lower ownership costs and reliability, low maintenance, and easier & faster charging and hence are expected to witness robust growth in upcoming years.

    In terms of vehicle type, electric commercial vehicles are distinguished into three categories buses, trucks & light commercial vehicles (LCVs). On the basis of purpose and variety of utility, the market is majorly contributed by pick-up trucks. However, the penetration of electric buses & trucks is increasing and is expected to continue to grow the market sustainably.

    Based on range, the market is segmented among vehicles with range/autonomy of up to 150 miles, 151-250 miles, 251-500 miles, and 501 miles & above. Vehicles with a range of up to 150 miles contribute most of the market, but as manufacturers are developing economical batteries with better capacities, vehicles with a higher range will be growing the market in the next five years.

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    A major contribution to an EV’s cost is electric motors, EV batteries or a hydrogen fuel cell. EV batteries constitute a great cost investment and are driven by huge sales of battery-operated vehicles; the demand is currently dominated by batteries in an electric vehicle. However, owing to intensive research & developments, battery costs are contracting year-on-year, and with increased implementation of performance-oriented motors in EVs, price is sustainably expected to decrease in the forecast years and hence, give positive rise to the electric commercial vehicles market in Europe.

    In addition to that, the market is distributed into France, Germany, United Kingdom, Spain, Italy, Norway, Netherlands, Sweden, Belgium, and Poland. Majority of electric commercial vehicle demand comes from France, Germany & United Kingdom and will witness a growth of 23.11%, 20.69%, and 23.61% CAGRs, respectively, in the next five years in terms of volume and will drive the overall market in the forecast period.

    Due to the implementation of lockdown to prevent the COVID-19 pandemic in the year 2020, sales of all vehicles were halted and also affected consumer spending. Nevertheless, in most of the regions across Europe, the market rapidly recovered at the end of the third quarter of 2020.

    Key market players in the Europe electric commercial vehicle market include:

    • Renault–Nissan–Mitsubishi Alliance
    • Peugeot S.A.                                    
    • Ford Motors Corporation                                          
    • Toyota Motor Corporation                                         
    • Hyundai Kia Automotive Group
    • Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF)
    • BYD Auto Co. Ltd.
    • AB Volvo
    • Man SE          
    • Solaris Bus & Coach sp. z o.o  

                           

    Renault–Nissan–Mitsubishi Alliance currently dominates with two-digit shares in Europe electric commercial vehicle market. Other market players include Peugeot S.A., Ford Motors Corporation, Toyota Motor Corporation, Hyundai Kia Automotive Group, Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF), BYD Auto Co. Ltd., AB Volvo, Man SE, Solaris Bus & Coach sp. z o.o, etc. which will contribute growth to the market in the forecast period.

    Renault–Nissan–Mitsubishi Alliance dominated the market in the year 2021 due to its remarkable dealership network, which offers a wide range of economical yet qualitative products with adaptive technological demands of their customers as well as withstanding government’s safety and emission norms. The demand for commercial electric vehicles is anticipated to increase in the coming years on account of increased spending of fleet management companies on economic electric vehicles and the growing government’s initiatives to promote electric vehicles will tend to grow the market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Europe Electric Commercial Vehicle Market, By Propulsion Type (BEV, HEV, PHEV and FCEV), By Vehicle Type (Bus, Truck, and LCV), By Range (0-150 Miles, 151-250 Miles, 251-500 Miles and 501 Miles & Above), By Country (France, Germany, United Kingdom, Norway, Netherlands, Italy, Spain, Sweden, Poland, and Belgium), By Company and By Country, Forecast and Opportunities, 2017-2027”, has evaluated the future growth potential of Europe electric commercial 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 Europe electric commercial vehicle market.

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  • OTR Tire Market to Grow at a CAGR of 6.66% through 2027

    Rising demand of OTR tires for increasing production and expanding fleet of the agricultural and mining vehicles to drive the global OTR tire market in the forecast period, 2023-2027.

    According to TechSci Research report, OTR Tire Market - Global Industry Size, Share Trends Competition, Opportunities and Forecast 2017-2027F”, The global OTR tire market stood at USD23,772.68 million in 2021 and is expected to grow at a CAGR of 6.66% during the forecast period due to the region's expanding vehicle fleet.

    OTR tire sales can be attributed to end consumers like vehicle owners and original equipment manufacturer (OEM) companies that produce vehicles across the region. The consumers contribute to the sales from the replacement demand side, whereas the other category where the demand for OTR tires is generated by OEM for the manufacturing of vehicles. For tractors, dump trucks, mobile cranes, the number of tires per vehicle is usually five, articulated mining trucks, haulers, graders, etc., even have more than five tires. As mining, construction and agricultural fleet owners move towards heavy vehicles more generously, the demand for OTR tires is expected to increase at a faster rate in the years coming by.

    According to Harvard Business Review, the global food demand is expected to increase anywhere between 59% to 98% by 2050. Such huge demand is being created by the increasing population and consumer spending coupled with the usage of fertilizers, effective irrigation, and high-yielding soil. This is a key factor propelling the rise of advanced mechanization required to look after such increasing demands. Apart from farmers, government bodies are also working for the goodwill of farmers via loan waivers, easy loan financial facilities, subsidized seed availability, etc. With these facilities, the requirement and usage of agricultural vehicles are increasing, and hence both production and servicing of these agricultural vehicles are increased due to which demand for tires are being generated via OEM as well as replacement sectors. Online sales are another key factor driving the sales of tires in the region, owing to the trend of increased sales via e-commerce platforms like amazon, Ebay, YepGarage.com, etc. are working as sales fuel for the market. The online platforms provide a one-to-one comparison of prices and technicalities of numerous products belonging to various brands. In addition to that, tire manufacturers are themselves developing their own web portals to offer tires online. For instance, Goodyear launched its own online tire sales website in Germany.

    Browse over 165 market data Figures and spread through 110 Pages and an in-depth TOC on "Global OTR Tire Market"

    https://www.techsciresearch.com/report/otr-tire-market/3725.html

    Global OTR tire market is segmented across demand category (OEM & Replacement), by vehicle type (mining, construction & industrial equipment, agriculture vehicles, others), by tire construction type (radial & bias), and by region. The market by vehicle type is further classified among mining, construction & industrial equipment, agriculture vehicles, and others. The mining, construction & industrial equipment has dominance across all the regions, and a similar trend is susceptible to be overseen in the forecast period as well. By demand category, the market is traced by OEM and replacement categories. Owing to the large and long-lasting vehicle fleet of OTR vehicles around the globe, the tires for the replacement category were witnessed to be showing dominance and a similar trend is expected in the forecast period as well. By tire construction type, the market is segmented across radial & bias tires. Bias tires have better load carrying strength and are perfectly suitable for off-payment tasks, hence, the dominance of bias tires can be witnessed across the globe. However, the global trend of radialization of tires in vehicles is seen to be repeating here, and hence, the shares for radial tires are witnessed to be increasing across the globe. Based on region, the market is segmented across countries in Asia-Pacific, North America, Europe, Middle East & Africa, and South America. Owing to the large fleet of China and India, the Asia-Pacific region currently leads the market, followed by North America, and Europe, and a similar trend is expected to be witnessed in the forecast years.

    Key market players in the global OTR tire market include:

    • Goodyear Tire and Rubber Company                                            
    • Compagnie Générale des Établissements Michelin SCA                                     
    • Bridgestone Corporation                                           
    • Continental AG                                            
    • The Yokohama Rubber Company, Limited                                   
    • Zhongce Rubber Group Co., Ltd.
    • Balkrishna Industries Limited
    • Trelleborg AB
    • MRF Limited
    • Sailun Group

    Global OTR tire market is fragmented among a lot of well-established players having a presence in several countries. Goodyear Tire and Rubber Company holds the highest market share and is among the top five market players across the globe. Compagnie Générale des Établissements Michelin SCA ranks second in terms of market shares in the overall global OTR tire market on account of its strong presence in these countries. Additionally, there are other prominent players such as Bridgestone Corporation, Continental AG, The Yokohama Rubber Company, Limited, Zhongce Rubber Group Co., Ltd., Balkrishna Industries Limited, Trelleborg AB, MRF Limited, Sailun Group, etc., which hold a significant position in the global OTR tire market.

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    “China is anticipated to hold the largest volumetric shares of the market on account of availability of well-established off-the-road vehicle 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 OTR tire manufacturers across the globe. New market players are advised to invest and focus on the research and development of the tires for the brand establishment. Collaborations, partnerships and mergers are suggested to companies aiming for better prospectus into the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

    “OTR Tire Market - Global Industry Size, Share Trends Competition, Opportunities and Forecast 2017-2027F”, has evaluated the future growth potential of OTR 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 global OTR tire market.

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  • Asia-Pacific Electric Bus Market to Reach 1,19,608 Units in Volume Terms by 2027

    Adoption of EVs by public & private transport agencies due to lower ownership costs are expected to drive the Asia-Pacific electric bus market through the forecast period.

    According to TechSci Research report, Asia-Pacific Electric Bus Market- By Country, Competition Forecast and Opportunities, 2017-2027”, Asia-Pacific electric bus market is estimated to reach 1,19,608 units by 2027. Globally, China is the leading country to incorporate electric buses rapidly in their fleet. According to the China Automotive Technology and Research Center (CATARC), the country’s neighborhood electric vehicle (NEV) industry has adopted a “3-Steps” development strategy. First, 2009 to 2012 – NEV uptake phase- initial NEV development and market uptake through the establishment of pilot demonstration zones and cities. Second, 2013 to 2015 – NEV market development phase- further development of the NEV market and increasing number of pilot cities and city clusters. Lastly, nationwide NEV mass adoption phase since 2016- improvement of technology, product safety and reliability, battery technology and continuous dropping costs of batteries; nationwide adoption of NEVs. Owing to lower ownership & operation costs, governments and private transport agencies are actively involved in adopting and replacing their old diesel or petrol/gasoline powered vehicles with electrically powered buses. Moreover, with expansion of EV charging infrastructure and lowered costs of EV battery and other components, various airports and intercity transportation facilities have started deploying electric buses across the globe. Numerous well-known companies and start-up companies are investing in electric vehicle technologies, and manufacturers are involving in launching of technologically advanced vehicle models. Moreover, various incentive schemes are being regulated to facilitate this adoption of electric buses.  All these factors are anticipated to accelerate the growth of the Asia-Pacific electric bus market in the upcoming five years.

    Browse over 99 market data Figures and spread through 80 Pages and an in-depth TOC on " Asia-Pacific Electric Bus Market"

    https://www.techsciresearch.com/report/asia-pacific-electric-bus-market/9497.html

    Asia-Pacific electric bus market can be segmented based on propulsion type, by range, by battery capacity, by application, by bus length, by seating capacity, by body type, by country and by company. Based on application type, the market is further segmented across intracity, intercity and others. Since electric buses have a comparatively lower range of travel hence, most of the busses being adopted are intracity as of 2021. However, with EV technology advancing with years passing by the buses used for travelling across the city is also getting more popular. Furthermore, by propulsion type, the market is segmented across HEV, BEV and PHEV. On the basis of range, the market is bifurcated among vehicles with range up to 150 miles, 151-250 miles, and above 250 Miles, based on battery capacity, the market is segmented into Upto 100 kWh, 100 kWh - 200 kWh, 201 kWh to 300 kWh, and Above 300 kWh. Based on length, the market is classified among buses with length up to 8m, 8.1-10m, 10.1-12m & above 12m. The market is segmented across China, India, Japan, Singapore, Australia, Indonesia, South Korea, Philippines, Vietnam, Malaysia, Thailand & Rest of Asia-Pacific. As of 2021, the market is being dominated by China; however, with public as well as private transit companies are rapidly adopting electric buses in their fleet in India, the country’s electric buses demand is increasing rapidly.

    In the year 2020, to prevent the spread of COVID-19, the government implemented lockdown which impacted supply chain, international trade, production and sales. According to TechSci Research’s estimates, the market suffered a decline of 18.73% in terms of volume in the year 2020. In Asia-Pacific, government’s investment contracted at the time of lockdown, overall production declined, and imports of goods and services witnessed a robust descent impacting the economy as well as people purchasing power negatively in 2020. This decline left a remarkable depreciation in the electric bus market across most countries in the region; however, it is currently reviving and is set to overcome the descent in the 2021-2022 period owing to the governments’ stimulus for economy revival and unlocking international trades and investments. On the other hand, due to succumbed growth in ICE vehicles, in various countries like India, Japan, Singapore, Indonesia, South Korea, Philippines, Malaysia, Thailand, etc. electric bus market witnessed a massive growth in the year 2021.

    Key market players in the Asia-Pacific electric bus market include:

    • Zhengzhou Yutong Group Co., Ltd.
    • BYD Auto Co., Ltd.
    • Zhejiang CRRC Electric Vehicle Co., Ltd
    • Zhongtong Bus Holding Co., Ltd.
    • Higer Bus Company Limited
    • VDL Groep
    • Solaris Bus & Coach sp. z o.o.
    • Anhui Ankai Automobile Co., Ltd.
    • King Long United Automotive Industry Co. Ltd.
    • Beiqi Foton Motor Co., Ltd

    Zhengzhou Yutong Group Co., Ltd., BYD Auto Co., Ltd., Zhejiang CRRC Electric Vehicle Co., Ltd, Zhongtong Bus Holding Co., Ltd., and Higer Bus Company Limited are the leading five players operating in the Asia-Pacific electric bus market. Other companies include VDL Groep, Solaris Bus & Coach sp. z o.o., Anhui Ankai Automobile Co., Ltd., King Long United Automotive Industry Co., Ltd, Beiqi Foton Motor Co., Ltd, etc. Apart from these flagship companies, many startup companies are also increasing their footprint in the APAC electric bus market by pushing their low-cost products blended with ease of availability. Major electric bus manufacturing companies are signing up contracts and partnerships with government and private transit or transport corporations across the globe for better market penetrations.

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    “Owing to development of EV charging infrastructure and due to lower ownership cost, there is a rapid replacement of diesel buses by electric buses fleet by transport agencies. Also, increasing Asia-Pacific EV brands penetration and expansion of manufacturing capabilities are further expected to back the growth of the Asia-Pacific electric bus market in future years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.,”

    Asia-Pacific Electric Bus Market By Propulsion Type (HEV, BEV, and PHEV), By Range (Upto 150 Miles, 151-250 Miles, and Above 250 Miles), By Battery Capacity (Upto 100 kWh 100 kWh - 200 kWh 201 kWh to 300 kWh Above 300 kWh), By Application (Intracity, Intercity & Others), By Bus Length (Up to 8m, 8.1-10m, 10.1-12m & Above 12m), By Seating Capacity (Up to 30 Seats, 31-40 Seats, & Above 40 Seats), By Body Type (Customizable & Fully Built), By Country (China, India, South Korea, Malaysia, Japan, Thailand, Philippines, Singapore, Australia, Indonesia, Vietnam and Rest of Asia-Pacific) Competition, Forecast & Opportunities, 2027”,  has evaluated the future growth potential of Asia-Pacific electric bus 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 Asia-Pacific electric bus market.

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  • South Africa Cone Crusher Market to be dominated by Mining Industry through 2027

    Increasing awareness about the benefits of using cone crushers and rapid industrialization is expected to drive the demand for the South Africa cone crusher market in the forecast period, 2023-2027.

    According to TechSci Research report, South Africa Cone Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Region, Competition Forecast & Opportunities, 2027, the South Africa cone crusher market is anticipated to grow at a rate of steady CAGR for the forecast period, 2023-2027. Rise in commercial construction activities in the country and the emerging modernization trend in mining industry is expected to drive the sales of cone crushers across the country.

    Cone crusher is a machine that reduces the size of rock through the crushing process. Usually, they are used in secondary, tertiary, and quaternary crushing stages and are used in production, recycling, and mining applications. Cone crushers lower the size of material in a crushing cavity by continuous compression between a moving element and a fixed element. They are equipped with a hydraulic setting adjustment system, which allows the operator to adjust the cone crusher settings to match the material, capacity, and feed size requirements.

    However, the high cost of cone crusher and use of alternate building material instead of concrete and mortar may restrain the South Africa cone crusher market growth in the forecast period.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on " South Africa Cone Crusher Market"

    https://www.techsciresearch.com/report/south-africa-cone-crusher-market/9485.html

    The South Africa cone crusher market is segmented into type, end-user, mobility, sales type, power source, company, and regional distribution.

    Based on type, the market is divided into symons, hydraulics, and gyratory. The hydraulics segment is expected to account for a significant market share in the forecast period. Growing demand for increased productivity and output while optimizing production and operational costs is accelerating the demand for cone crushers with hydraulic clamping across the country.

    Based on the end-user industry, the market is divided into mining, construction, and recycling. The mining industry is expected to capture the highest market share in the forecast period, 2023-2027. The mining industry market players are constantly looking for solutions that can help them improve operational efficiency and reduce downtime. They are actively adopting smart solutions that can help them improve productivity and enhance mining accuracy. Ongoing digitization and adoption of advanced technologies like the internet of things and advanced analytics technology are expected to positively impact the mining industry by offering real-time updates to predict downtime and equipment wear. Cone crushers market players are offering equipment integrated with automation technology which can reduce the costs involved in the mining process. Advancements in technology and the rise in the market players offering innovative products are expected to create lucrative growth opportunities for the South Africa cone crusher market in the forecast period.

    Based on sales type, the market is divided into new equipment sales and aftermarket sales. New equipment sales are expected to capture the highest market share in the forecast period owing to the launch of advanced versions of cone crushers by the market players and the growing need to lower operational costs during the construction activities.

    Based on the power source, the market is divided into electric connection, diesel connection, dual connection. Dual connection is expected to witness the fastest incremental growth in the forecast period. They are in high demand as they reduce the operational costs and have a less harmful impact on the environment as a comparison to their other counterparts.

    Major market players operating in the South Africa cone crusher market are:

    • Kenmore Group of Companies
    • Babcock International
    • Metso Corporation
    • Westpro Machinery Inc.
    • Terex
    • Sandvik
    • Global Mining Crusher
    • Sky Machinery
    • Telsmith
    • ThyssenKrupp AG
    • FLSmidth & Co. A/S
    • Puzzolana
    • Terex Corporation

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    “Ongoing and upcoming infrastructure development and construction projects fuel the demand for advanced construction equipment and technologies to boost the construction activity and reduce downtime is expected to boost the demand for the South Africa cone crusher market. Increasing demand for construction waste recycling and the recovery of construction projects is a positive factor for the South Africa cone crusher market. Market players are advised to launch advanced and high-performing cone crushers by making high-end investments in research and development activities. Furthermore, the rise in the number of market players offering innovative products and the emergence of rental companies offering cone crushers at affordable rates are expected to propel the growth of the South Africa cone crusher market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

    South Africa Cone Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of South Africa cone crusher 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 South Africa cone crusher market.

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  • How is Digitalization Transforming the Face of Mining Industry?

    The mining sector has moved beyond the use of explosives and mechanized equipment introduced during the Industrial Revolution. Over time, mining techniques and technologies have evolved and improved, contributing to better practices and strong industrial growth. Currently, the mining industry is under pressure due to declining demand, price volatility, increased costs, undervalued product estimates, growing environmental threats, and rapidly aging mining facilities resulting in the extraction of low-grade ores. The global mining operations are 28% less productive than ten years ago. Hence, the mining industry is undergoing a major strategic transformation to improve productivity, enhance efficiency in operations, and increase profits.

    Disrupting the initially established conservatism, digital tools and technologies, digital methods, systems, digitized data, and advanced analytics are being employed to varying degrees across all activities in the mining industry. Digitalization in the mining industry is unlocking new ways of managing variability and advancing the future of work. Adding equipment sensors and a unified network to transmit data, many mining companies have mechanized their operations to transition from physical to digital. Besides integrating data from on-field physical assets, the industry players can improve their ability to analyze real-time information and enhance remote support of work activities. Thanks to digitalization, many organizations are able to focus on driving system-level thinking and performance.

    Modern technologies and digital tools changing the face of mining operations are as follows.

    Unmanned Aerial Vehicles as Mine Scouts

    Mining processes are highly labor-intensive and require continuous monitoring of assets. Manual inspections and surveying lead to many critical safety concerns that can result in injury or death within the mining industry while restricting the extent of endeavor. A mining block might stretch to hundreds of acres, for which the supervisors can take weeks or months to evaluate and take necessary action areas across the site. Besides, dangerous fumes and chemicals produced by waste generated from mining operations could create an inhospitable environment for supervisors during long inspection periods, making them susceptible to respiratory health conditions. Thus, drones seem like a viable solution for better and safer operations, reducing the health risks for those involved in scouting and management.

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    The unmanned aerial vehicles (UAVs) with high-resolution visual and thermal cameras with multi-zoom capabilities have become an indispensable part of the modern mining industry. The supervisor is responsible for setting a flight plan covering the points of interest across the mining site and controlling the camera for a complete 360-degree view of each zone. Thus, drones reduce the time for scouting operations and increase the effectiveness and quality of inspections. The aerial vehicles can easily access hard-to-reach areas, maneuver through rough terrains and collect precious live surveillance data for immediately actionable insights. The use of drones enhances sustainability in the mining sector, reducing unregulated mining operations, often resulting in water contamination, air pollution, deforestation, and loss of human life.

    Wireless Sensor Technologies for Efficient Operations

    From changing environmental conditions to the explosion, mining operations involve a lot of potential hazards due to the cumbersome nature of machinery used. Hence, mining organizations have started leveraging wireless sensors to monitor various processes, keep personnel safe, and predict maintenance when required. One of the most common sensors used in mining sites is the gas sensor, which predicts the different fumes arising from the veins within the rocks during excavation. These odorless and colorless gases may contain hydrogen cyanide, hydrogen chloride, carbon monoxide, and other hazardous chemicals, which can put miners' health at risk. Gas sensors measure the amount of gas released from the rocks and their effect on both personnel and machinery present at the mine site, which can help prevent accidents and loss of life. Mine workers need to do a lot of heavy lifting during mining, which reduces their concentration and makes them tired. Hence, they are now being fitted with tracking devices embedded with sensors to measure the level of tiredness so that they do not fall asleep or lose concentration.

    Proximity sensors are being fitted on heavy machinery and vehicles used within the mine to alert the driver through visual or audible warnings and prevent any damage if they collide with other machinery or surroundings. Some sensors are also placed in pits, and underground mines where huge rock pieces and unstable rock faces/ceilings are present to prevent rock falls after operational measures. The sensors can be used to spot anomalous trends in data, which can potentially detect downtime in operations.

    According to TechSci Research report on “Global Blasting Automation Services Market By Type (Batch Machine, Continuous Machine), By Application (Metal Mining, Non-Metal Mining, Coal Mining), By Company, By Region, Forecast & Opportunities, 2027”, the global blasting automation services market is anticipated to grow at a significant rate during the forecast period. The growth can be attributed to the rising concerns over safety and increased productivity in mining operations.

    Virtual Reality (VR) for Training Purposes

    The adoption of Virtual Reality technologies is picking up pace in recent years, and they are rapidly becoming an integral part of many industries, and the mining sector is one of them. Since mining operations involve many dangers, inadequate training can cost the lives of personnel. Hence, the mining industry is preparing its personnel to leverage virtual reality technology to prepare them for the actual mining environment to improve their safety, enhance productivity, and reduce costs. Putting the VR headsets on eyes, recruits can experience a virtual environment of the mining site, which provides them a better understanding of what and how to handle different situations. Some of the world's largest mining companies, including Debswana Mines, Sesa Goa, Rio Tino, among others, are providing customized VR training solutions to provide an immersive learning experience to new recruits and experienced professionals.

    Autonomous Haulage Systems for Enhanced Mobility

    Ever since the launch of industry 4.0, smart and intelligent machinery has become prominent in every industry. Advancements of robotics in the Cyber-Physical Systems (CPS) have led to state-of-the-art automated giant vehicles like Autonomous Haulage Systems (AHS), designed to transport ore from mining sites without human intervention. The smart trucks have the capacity to carry up to 400 tons of ore accurately, which increases the efficiency of operations. Besides, advanced haulage systems operate on a 24/7 schedule with no idling time and improve fuel usage by 4%. The sensing technology assists in collecting data and analysis that helps minimize downtime and optimize operations. A leading player in driverless technology, UK mining company Rio Tino has collaborated with Japan mining equipment manufacturer, Komatsu Limited, to develop technology for driverless trucks. Loaders, excavators, drills, bulldozers, and other vehicles will be automated in the coming years.

    Smart Rock Bolts

    The active rock reinforcement procedure involves strengthening rock using bolts and anchors but sometimes can damage the rock bolts, leading to tunnel collapses, injuries, or even loss of lives. However, smart rock bolts can minimize the risk of these kinds of catastrophes, providing a safer working environment for people working in mines. The advanced rock bolts are embedded with different technologies, such as OMA LWM2M and IPSO Smart Objects, which perform signal processing and detection at high data rates. DarkPulse, a technology-security company, is currently developing an Intelligent rock bolt to assess the health and security of infrastructure for application in mining operations.

     

    Wireless Connectivity for the Connected Mine

    Advanced cellular connectivity is the key to ensuring safety in mining operations, enabling IoT use. Smart mines are expected to reduce fatalities by 10% and injuries by 20% over the next decade. However, wired networks have limited accessibility and are susceptible to damage from environmental factors. Besides, short-range solutions such as Wi-Fi are insufficient to deliver the coverage required for reliable signals in hard-to-reach areas. Hence, many mining companies have adopted the third-generation Low Power Wide Area Networks (LPWAN) to provide high power and affordable IoT connectivity in remote and complex mining sites. LPWAN nodes can transmit over many kilometers and provide deep penetration capabilities to facilitate IoT in mining. However, the latest enabled private wireless network, 5G, is expected to revolutionize the mining industry, fostering major improvements.

    The high bandwidth and low latency offered by 5G can help power complex infrastructure, equipment, and IoT and open up a new level of machine learning and data analytics. With 5G and associated automation, mine operators can reduce accidents and equipment failures resulting from human error, such as truck driver fatigue. NG Mining project commenced by NexGen Mining is a collaboration between Finland's technical research center VTT, Swedish mining company Sandvik, and Nokia to create a safe and sustainable underground mining through the productive application of autonomous and connected machinery. As the industry digitalizes, the 5G cellular connectivity platform could solve many issues and challenges.

    According to TechSci Research report on “Mining Equipment Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 Segmented By Category (Crushing, Pulverizing, Screening, Mineral Processing, Surface & Underground), By Application (Metal, Mineral, Coal, Others), By Propulsion (Diesel, CNG/LNG, Electric), By Power Output (<500HP, 500HP-2000HP, >2000HP), By Vehicle Type (Articulated Dump Trucks, Crawler Dozers, Crawler Excavators, Motor Graders, Rigid Dump Trucks, Drills, Electric Shovels, Hydraulic Excavators, Mining Dozers, Mining Trucks, Wheeled Loaders, Others), By Region”, the global mining equipment industry is expected to reach USD4.5 billion in 2026. The factors attributing to the growth are rising demand for minerals and other materials and expanding digital tools and technologies for mining-related activities.

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  • Vietnam Greenhouse Market to be dominated by Plastic Greenhouse through 2027

    Growing popularity of modern agriculture techniques and increasing need for food are driving the demand for Vietnam greenhouse market through the forecast period, 2023-2027.

    According to TechSci Research report, Vietnam Greenhouse Market By Region, Competition Forecast & Opportunities, 2027”, the Vietnam greenhouse market is expected to register an impressive CAGR in the forecast period, 2023-2027. Greenhouse refers to an outdoor structure that is made with a roof and walls and prepared of transparent materials such as glass or plastic. It has in-built high technology to control the temperature and stabilize the environment for the cultivation of plants, including fruits, vegetables, and flowers. Commercial greenhouses provide various covering materials such as glass or plastic roofs and frequently glass or plastic walls. It utilizes numerous technologies, including heating systems, LED grow light, communication technology, irrigation system, cooling systems, ventilation systems, and control systems. The escalating demand for food with the rise in population is one of the primary factors driving the Vietnam greenhouse market.

    Commercial greenhouses allow the farmers to cultivate fruits and vegetables under controlled conditions, which ensure a continuous year-round supply of high-quality products and aid in overcoming issues of land and water shortage as well as climate change. The elevating levels of urbanization and continuous technological advancement in the agriculture sector are boosting the market growth.

    However, the rising requirement for optimum environmental conditions to grow crops all around the year and the need for a standard level of water, nutrients, and light may restrain the Vietnam greenhouse market in the coming years.

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    The Vietnam greenhouse market is segmented into type, crop type, equipment, regional distribution, and competitive landscape.

    Based on type, the market is segmented into plastic greenhouse and glass greenhouse. The plastic greenhouse is expected to grow at a significant rate in the forecast period, 2023-2027. Plastic is widely used for commercial greenhouse purposes on account of its durability. This type of plastic can resist tearing and can work under extreme weather conditions.

    Based on crop type, the market is divided into fruits & vegetables and flowers & ornamentals.

    The fruits and vegetable segment is projected to hold the largest share in the forecast period, 2023-2027. Greenhouse helps grow vegetables all year round without the need for optimum environmental conditions. Production of vegetables and fruits in the greenhouse can reduce the crop damage from harsh conditions, including cold, drought, blistering heat, wind, pests and critters trying to eat them. Cultivating vegetables in greenhouses enables creating the most appropriate requirement for the crops due to the ability to control factors in greenhouses, including temperature, fertilization, humidity, moisture, light, and irrigation. Growing crops in a greenhouse allow farmers to choose the suitable soils for healthy crop growth. Diseases and pests get minimized by having the right soil to cultivate crops.

    Based on equipment, the market is divided into heating systems and cooling systems. Heating systems are anticipated to grow at a significantly higher rate in the forecast period, 2023-2027. They are one of the essential requirements for the effective production of plants in greenhouses. Heating systems offer constant temperature control and do not discharge any hazardous material, which contributes to the growth of the plants. A heating system refers to a technique that helps to maintain the temperature at a required level. These systems utilize mixing valves to control the temperature of heating pipes to regulate the temperature of heating pipes by flow control.

    Major market players operating in Vietnam greenhouse market are:

    • Netafim
    • Watanabe Pipe Vietnam Co., Ltd.
    • 1+1>2 International Architecture Company
    • Novagric (Da Lat Greenhouse)
    • Fresh Studio
    • VinEco (Vingroup Corp)

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    “Greenhous provide high yield production in comparison with traditional farming techniques. The escalating demand for food owing to the growing population and sudden environmental modifications are propelling the adoption of the greenhouse technique. Greenhouse technology allows crop producers to manufacture those products with a shortage of supply. This, in turn, is creating an opportunity for producers to produce marketable products. Also, the elevating trend of rooftop farming, growing urbanization levels, and the rise in adoption of greenhouse automation technologies are expected to accelerate the Vietnam greenhouse market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Vietnam Greenhouse Market By Type (Plastic Greenhouse v/s Glass Greenhouse), By Crop Type (Fruits & Vegetable and Flowers & Ornamentals), By Equipment (Heating Systems and Cooling Systems), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth of Vietnam greenhouse 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 expanding trends along with significant drivers, challenges, and opportunities in Vietnam greenhouse market.

     

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  • Global Construction Equipment Market Size, Share, Growth, Trend & Forecast 2027

    Global construction equipment market stood at USD126.50 billion in 2020 and is projected to grow at a CAGR of 5.08% by 2026, owing to the development of urban infrastructure, including metro rail projects, ports, industrial corridors and freight corridors. Usage in oil & gas, construction, infrastructure, and manufacturing are the primary factors contributing to the growth of the construction equipment market which is anticipated to fuel the global construction equipment market in the coming years.

    Construction equipment refers to heavy-duty vehicles specially designed for executing construction tasks, most frequent ones involving earthwork operations. They are also known as heavy machines, heavy trucks, engineering equipment, heavy vehicles, or heavy hydraulics. The basic operations involved in the construction of any project are excavation, digging of large quantities of earth, moving them to fairly long distances, placement, compacting, levelling, dozing, grading, hauling, etc., where construction equipment is used.

    Based on End-User Industry, the market is segmented into Oil & Gas, Construction, Infrastructure, Manufacturing and Others. Construction is the leading end user industry in the construction equipment market with the share of 28.09% in 2020. This is due to the increasing inclination towards the adoption of various construction equipment by medium and large builders and real estate developers for the construction of high-rise buildings and skyscrapers. The use of construction equipment in construction reduces the time and increases the efficiency of work which makes it popular among real estate developers.

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    On the basis of type, the market is segmented into Loader, Cranes, Forklift, Excavator, Dozers, and Others. In 2020, the excavator segment is dominating with a share of 32.99% in the construction equipment market and is expected to grow at a CAGR of 4.44% from 2021-2026. This is due to its heavy weightlifting capacity, rotating cab and movable track which makes it a perfect equipment for material handling, digging trenches and holes to lift away waste and excavating mines. These properties increase the application of excavators in different types of construction and infrastructure projects.

    Based on region, in 2020, Asia Pacific accounted for the largest share of 41.25% in the construction equipment market owing to the increasing demand for housing projects as a result of increased population in the region which generates lucrative growth opportunities for the construction equipment market. Moreover, continuous government budgetary allocation towards improvement of rail, road and ports, such as the project “Belt and Road Initiative” by China, are expected to propel the demand for construction equipment in the forecast period. Furthermore, augmenting construction activities in the region are expected to contribute to the growth in the construction equipment market.

    Some of the major players operating in the global construction equipment market are Volvo Construction Equipment AB, Komatsu Ltd., Liebherr Group, Zoomlion Heavy Industry Science And Technology Co., Ltd, Caterpillar Inc., Atlas Copco AB, Hitachi Ltd., CNH INDUSTRIAL N.V., TEREX CORPORATION, Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.), Deere & Company (John Deere), and Xuzhou Construction Machinery Group Co., Ltd. (XCMG), among others.

    Years Considered for this Report:

    Historical Years: 2016-2019

    Base Year: 2020

    Estimated Year: 2021

    Forecast Period: 2022-2026

    Objective of the Study:

    • The primary objective of the study is to understand and gain insights about Global Construction Equipment Market by Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others), By Power Output (<100 hp, 101-200 hp, 201-400 hp, and >400 hp), By Application (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunneling and Others), By End User Industry (Oil & Gas, Construction, Infrastructure, Manufacturing, Others), By Region, from 2016-2026.
    • To analyze historical growth in market size of Global Construction Equipment Market from 2016 to 2020.
    • To estimate and forecast the market size of Global Construction Equipment Market from 2021 to 2026 and growth rate until 2026.
    • To understand the respective region market structure of Global Construction Equipment Market, namely – North America, Europe, Asia-Pacific, Middle East & Africa and South America.
    • To identify the detailed information about the prime factors affecting Global Construction Equipment Market
    • To evaluate competitive pricing, average market selling prices and margins in Global Construction Equipment Market.
    • To examine competitive developments such as new entrants, government policy and investments in Global Construction Equipment Market.
    • To strategically profile the leading players in the market which are involved in Global Construction Equipment Market.

     

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  • Global Aluminium-Extruded Products Market to Grow at 6.71% CAGR By 2026

    Rapid increase in infrastructure activities and increasing investments in construction & building sector to drive the demand for Global Aluminium-Extruded Products Market through 2026.

    Global Aluminium-Extruded Products Market stood at USD53073.33 million in 2020 and is projected to grow at a CAGR of 6.71% through 2026 to reach USD79536.24 million by 2026. This is due to increasing focus of automobile manufacturers towards aluminium-extruded products to improve fuel economy, enhance performance and increase their load-carrying capacity. Additionally rapid increase in the application of aluminium-extruded products by different end-user verticals aids the aluminium-extruded products’ market. Usage in transportation and logistics, building and construction, electrical and electronics, and other consumer durables are the primary factors contributing to the growth of the Global Aluminium-Extruded Products Market in the coming years.

    Aluminium extrusion transforms aluminium alloys into an extraordinary variety of products for consumers and industrial markets. Aluminium-extruded products are light weight products created by transforming aluminium alloys. These products perform efficiently under extreme conditions like humidity, heat and therefore, find application in numerous end use industries such as electronics, automotive, mass transit, bridge decking.

    Based on End-Use Industry the market is segmented into Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others. Building & Construction is the leading End-Use Industry in the Aluminium-Extruded Products Market with a share of 54.38% in 2020. This is due to the increasing inclination towards the adoption of extruded aluminium products by medium and large builders for the construction of high-rise buildings and skyscrapers. The use of aluminium-extruded products in construction reduces the load on foundations which has made it popular among real estate developers.

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    Based on Alloy Type, the market is segmented into 1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series. In 2020, 6000 series alloy segment dominated the market with a share of 35.35% and is expected to continue to do so in the forecast period as well. This is due to its versatile, heat treatable, highly formable, weldable, high strength and excellent corrosion resistance nature. These properties increase the application of aluminium-extruded products in architectural and structural purposes. Extrusion products from 6000 series are the first choice for infrastructural and architectural applications.

    Based on the region, in 2020, Asia-Pacific region accounted for the largest share of 50.58% in the aluminium-extruded products market owing to well-established automobile and construction industries in this region which generates lucrative growth opportunities for the aluminium-extruded products market. The rapidly increasing infrastructure activities in the region is expected to contribute to the growth of manufacturing industry, thereby creating more demand for aluminium-extruded products in the upcoming years.

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    Some of the major players operating in the Global Aluminium-Extruded Products Market are United Company RUSAL, Alcoa Corporation, Aluminium Corporation of China Limited, Rio Tinto, Hindalco Industries Limited, Norsk Hydro ASA, Century Aluminum Company, Aluminium Bahrain B.S.C, Constellium SE among others

    Extruded aluminium is used for busbars and electrical equipment as it is a good conductor of electricity. Aluminium-extruded with fins makes an excellent radiator or heat exchanger which is easy to mount and color and does not weigh too much when mounted overhead. Many automobile manufacturers such as autos, buses, trucks, and trailers are turning towards aluminium-extruded products to improve their fuel economy, enhance performance and increase their load-carrying capacity are expected to drive the Global Aluminium-Extruded Products Market in the coming years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Global Aluminium-Extruded Products Market – by Product Type (Mill-Finished, Anodized and Powder-Coated), By End-Use Industry (Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others), By Alloy Type (1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series), By Shape (Composite Shapes, Rods & Bars and Pipes & Tubes), By Region, Competition Forecast & Opportunities, 2016-2026,” has evaluated the future growth potential of Global Aluminium-Extruded Products 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 Aluminium-Extruded Products Market.

     

    About TechSci Research

    TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime analysts and consultants employing innovative research solutions and tracking global, and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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  • Solar Photovoltaic Glass Market is projected to grow at a CAGR of around 32% by 2027

    The global solar photovoltaic glass market is projected to grow at a CAGR of around 32%, in value terms, during 2023-2027. Awareness about generating reliable and clean energy, upgradation of existing buildings infrastructure and government initiative is expected to drive growth in solar photovoltaic glass market. Furthermore, high demand for solar photovoltaic glass for industrial and commercial sector in developing economics and increasing public awareness is expected to propel the demand for solar photovoltaic glass across the globe.

    The global solar photovoltaic glass market is segmented based on application, type, end user and region. Based on application, utility holds the highest market share in the forecast period. PV panels are used in the variety of applications in utility sector. As the demand for cost-competitive energy resources is increasing this segment will drive the product demand in the forecast period.

    Regionally, North America holds the major market share in the forecast period. Due to increasing installations of solar energy plants and inclination towards renewable energy, North America will witness growth in solar photovoltaic glass market.

    Some of the major players operating in the global solar photovoltaic glass market are Saint-Gobain, Yingli Green Energy Holding Company Ltd., Nippon Sheet Glass Co., Ltd., Trina Solar Ltd., Guardian Industries, and Asahi Glass Co., Ltd.

    Objective of the Study:

    • To analyze and forecast market size of the global solar photovoltaic glass market, in terms of value.
    • To define, classify and forecast the global solar photovoltaic glass market on the bases of application, type, end user and region.
    • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global solar photovoltaic glass market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
    • To identify tailwinds and headwinds for the global solar photovoltaic glass market.
    • To examine competitive developments such as expansions, new product launches, mergers & acquisitions in the global solar photovoltaic glass market.
    • to strategically profile the leading players, which are involved in the manufacturing or supply of solar photovoltaic glass globally.

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    TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of solar photovoltaic glass manufacturers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research analysed application, type, end user and regional presence of all major solar photovoltaic glass manufacturers across the globe.

    TechSci Research calculated the market size for the global solar photovoltaic glass market using a bottom-up approach, where providers’ value data for different application of (utility, residential & non-residential) solar photovoltaic glass was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers or manufacturers to arrive at the overall market size. Various secondary sources such as companies, white papers, investor presentations and financial reports were also used by the TechSci Research.

    Key Target Audience:

    • Global solar photovoltaic glass providers
    • Research organizations and consulting companies
    • Organizations, associations and alliances related to solar photovoltaic glass manufacturing
    • Government bodies such as regulating authorities and policy makers.
    • Industry associations
    • Market research and consulting firms

    The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as solar photovoltaic glass manufacturer and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

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  • Oilfield Thread Protectors Market Size, Share, Growth & Forecast 2027

    Global Oilfield Thread Protectors Market is driven by increasing demand for oil & gas in the forecast period, 2023-2027.

    According to TechSci Research report, Oilfield Thread Protectors Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, The global oilfield thread protectors market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like increasing demand for the safety tool and equipment in the drilling machinery systems. Surge in the demand for the safer oil excavation is also a major driver for the growth of the global oilfield thread protectors market in the upcoming five years. Also, increasing demands for oil production due to excessive consumption of the oil and petroleum products in various end user industries like automotive industry, textile industry, chemical industry, etc. further supports the growth of the global oilfield thread protectors market in the next five years. With increasing investment, government support, and private financial aids to the oil & gas industry ensures advancement of the drilling rig equipment and tools. Increasing investment and technological advancement in the products and their development further substantiates the growth of the global oilfield thread protectors market in the future five years. Moreover, cost efficiency is a big challenge for the oil and gas industry. Cost of complete oil production process is high and market players often need heavy investment to sustain their procedures. Recent hikes in the oil prices confirm the increasing investment required for the processes along with the financial aid required for the equipment manufacturing and support, thereby aiding the growth of the global oilfield thread protectors market in the forecast period.

    Also, rising concerns regarding oil spills and thus caused adverse effects also aid the growth of the global oilfield thread protectors market in the forecast years, until 2027. Oilfield thread protectors are responsible for the safety of the oil leaks and oil spills during the excavation of the oil from reserves and their transportation. Therefore, rising concerns among the excavators and environmentalists reflect on the market growth.

    Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Oilfield thread protectors Market"

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    The global oilfield thread protectors market segmentation is based on material type, type, design, location, protection component, regional distribution, and competitive landscape. Based on material type, the market is bifurcated into rubber, plastic, and metal. Plastic material is anticipated to hold the largest revenue shares of the market in the upcoming five years on the grounds of utilization of heavy duty plastic for the purpose of safety. Moreover, cost of the material along with the safety standards of the material is higher. Rubber material is also expected to register significant growth in the next five years on the grounds of its application in offshore rig pipes protection. Wear and tear of rubber casings decreases in the offshore excavation, and more preferred over metal thread protectors.

    Segmentation based on location, analyzes the market growth between on shore and offshore location. Onshore locations are anticipated to hold the largest revenue shares of the market and dominate the segment in the upcoming five years on the account of increasing onshore oil excavation. Moreover, increasing concerns toward oil spills on the drill floors that may cause accidental slips and falls are further driving the growth of the subsegment and market.

    Some of the market players, dominating the global market are : 

    • Hunting Energy Services
    • National Oilwell Varco
    • M&P Flange & Pipe Protection Inc.
    • Norkram Limited
    • Tri-Star Protectors
    • Caplugs
    • Dongying Lake Petroleum Technology CO., Ltd.
    • Venture Steels
    • Thread Protectors, LLC
    • Kannans Industrial Machinery Equipment LLC

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    “North America region is anticipated to hold the largest market growth in the upcoming five years due to increased oil production and surging demand for the petroleum products in the countries like the United States, Mexico, and Canada. Increasing demand for the safety equipment looking at the alarming counts of oil spills and thus caused disasters to the marine life and human lives, is also anticipated to support the growth of the global oilfield thread protectors market in the next five years. Moreover, presence of difficult terrain in the region and surging demand for the higher production capacity of the existing reservoirs is also aiding market growth. Factors like government initiatives to support the industry and the equipment manufacturing segment further substantiates the growth of the global oilfield thread protectors market in the upcoming five years. Although various industries were affected due to regressed production and manufacturing of various equipment, the future growth for the market depends on further discoveries of oil reserves even in the fragile environments to sustain the growing demand for oil & gas. Thus, demand for safety equipment like oilfield thread protectors is bound to increase and sustain market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Oilfield Thread Protectors Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Material Type (Rubber, Plastic, Metal), By Type (Pin Protectors, Box Protectors), By Design (Open End, Closed End), By Location (Onshore, Offshore), By Protection Component (Drill Pipe, Drill Collar, Tool joint, Casing, Tubing, Others), By Region”, has evaluated the future growth potential of global oilfield thread protectors 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 oilfield thread protectors market.

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  • Hole Opener For Oil & Gas Market Size, Share, Growth & Forecast 2027

    Global Hole Opener For Oil & Gas Market is driven by increasing demand for oil & gas in the forecast period, 2023-2027.

    According to TechSci Research report, Hole Opener For Oil & Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, The global hole opener for oil & gas market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like surge in the demand for sophisticated drilling equipment. Also, increasing demand for the oil & gas from various industries like chemical industry, textile industry, food & beverage industry, etc. is further driving the growth of the global hole opener for oil & gas market in the upcoming five years. Active requirement of the efficient drilling equipment like hole opener such that maximum output from the oil rigs can be generated, is also supporting the growth of the global hole opener for oil & gas market in the next five years. Growth in the oil industry is directly related to the surging demand for the drilling equipment, and surging requirement for the safety measures along with the efficiency of the product further substantiates the global hole opener for oil and gas market in the future five years.

    Cost efficiency is a big challenge for the oil and gas industry. From excavation to production, processing and supplying the resource, cost of all the process is heavy and market players often need heavy investment to sustain their procedures. Recent hikes in the oil prices confirm the increasing investment required for the processes along with the financial aid required for the equipment manufacturing and support, thereby aiding the growth of the global hole opener for oil & gas market in the forecast years, until 2027.

    Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Hole opener for oil & gas Market"

    https://www.techsciresearch.com/report/hole-opener-for-oil-and-gas-market/8201.html

    The global hole opener for oil & gas market segmentation is based on type, well type, product type, location, regional distribution, and competitive landscape. Based on type, the market is divided between fixed diameter and under-reamers. Fixed diameter hole openers are actively used in the soft clays shales and medium hard shales along with to expand drill holes in limestones. The equipment is beneficial to overcome balling problems in the sticky environment. The fixed diameter hole opener can widen the gaps up to 18 inches to 42 inches and usually has three jets with replaceable nozzles that consistently clean the cutting tool of the machinery thus extending its performance. Under-reamer hole opener are usually used in the existing rigs for a wider clearance which may arise due to restrictions like swelling shales, tortuosity. Under-reamers are anticipated to hold the largest revenue shares of the market in the upcoming five years on the account of increasing demand for utilizing the existing reserves to their full potential. Fixed-diameter hole openers are expected to register fastest growing CAGR in the next five years on the account of increasing instances of horizontal drilling and increasing new discoveries of the oil rigs.

    Based on well type, the market is further differentiated between horizontal and vertical. Horizontal well types are anticipated to hold the largest revenue shares of the market due to increasing umber of horizontal drilling rigs, and demand for the efficient and sophisticated drilling equipment to increase the viability of the oil rigs.

    Some of the market players, dominating the global market are : 

    • Superior Energy Services
    • Transco Manufacturing Australia Private Limited
    • Schlumberger Limited
    • Hole Opener Corporation
    • Drill King International
    • Tasman Oil Tools
    • Halliburton Company
    • Baker Hughes

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    “North America region is anticipated to hold the largest market growth in the upcoming five years due to presence of difficult terrain in the region and surging demand for the higher production capacity of the existing reservoirs. Moreover, in the countries like the United States & Mexico oil and gas industry is ever expanding and due to the impact of oil and gas industry on the economies of the country, demand for the higher production is experienced. Sophisticated drilling equipment require advanced technologies along with higher investment for the research and product development. Factors like government initiatives to support the industry and the equipment manufacturing segment further substantiates the growth of the global hole opener for oil & gas market in the upcoming five years. Although various industries were affected due to regressed production and manufacturing of various equipment, the future growth for the market depends on further discoveries of oil reserves even in the fragile environments to sustain the growing demand for oil & gas,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Hole Opener For Oil & Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Type (Fixed Diameter, Under-Reamers), By Well Type (Horizontal, Vertical), By Product Type (Fabricated, Integral, Small Rig Hole Openers (SRHO)), By Location (Offshore, Onshore), By Region”, has evaluated the future growth potential of global hole opener for oil & gas 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 hole opener for oil & gas market.

    News : https://www.techsciresearch.com/news/6814-hole-opener-for-oil-and-gas-market.html

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  • Australia Car Rack Market to be dominated by Roof Rack through 2027

    Growing focus of manufacturers on enhancing passenger comfort and high sales of passenger cars are driving the demand for Australia Car Rack Market in the forecast period, 2023-2027.

    According to TechSci Research report, Car Rack Market – Australia Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, the Australia car rack market is anticipated to grow at a rate of steady CAGR for the forecast period, 2023-2027. The rise in adoption of the compact vehicle in the travel & tourism industry, increasing expenditure capacity of consumers, and advent of lightweight materials for car racks are the key factors driving the demand for Australian car rack market growth for the next five years.

    Car racks are attached to the roof of the car to carry bicycles, luggage, and other carriers. Component of car rack includes crossbars, towers, fitting pieces, and gear mounts. Car racks are available in different sizes and materials based on the type of car, usage, and luggage weight. The launch of high-performing cars for off-road activities and more compact SUVs in the market are accelerating the demand for car racks, significantly improving the implementation of car racks.

    Car racks are advantageous during traveling as they can carry bulky items without reducing the interior space for passengers. They are in high demand among consumers while shifting to other cities for jobs, studies, or other work. They easily carry the luggage items without affecting the driving experience. Also, the growing popularity of road trips and sports activities during holidays is driving the demand for car racks.

    However, buying car racks' quality and pricing issues may restrain the market growth in the forecast period.

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Australia Car Rack Market"

    https://www.techsciresearch.com/report/australia-car-rack-market/8304.html

    The Australia car rack market is segmented into vehicle type, type, material, company, and regional distribution.

    Based on vehicle type, the market is divided into the hatchback, sedan, and SUV/MPV. SUV/MPV vehicles are in high demand and are expected to witness substantial growth opportunities in the forecast period. SUVs have a smoother driving experience and are highly preferred among people who like to travel off-road or adventure activities. They have a higher ride height which is beneficial for drivers to travel in the city and out of town. Longer suspension in SUVs softens the bumps and protects the body from getting hurt while keeping the driver comfortable. The high sales of SUVs are expected to boost the higher installation of car racks in SUVs, bolstering the market growth.

    Based on type, the market is divided into roof rack, roof box, bike car rack, ski rack, and watersport carrier. The roof rack holds the largest market and is expected to maintain its dominance throughout the forecast period. Lack of space in compact vehicles can be taken care of by installing a roof rack as it improves the storage capacity and legroom space for passengers. They can enhance vehicles' appearance and prevent interior damage of vehicles.

    Based on material, the market is divided into the aluminum alloy, composite plastic, stainless steel, and others. Aluminum alloy material is leading the market and is expected to hold the highest market share for the next five years. Aluminum allows lightweight material, making it easy to maneuver and creating less drag while moving the automobile. They are considered highly durable and can carry more items than other car racks.

    Major market players operating in the Australia car rack market are :

    • ACPS Automotive GmbH
    • Allen Sports USA
    • Roof Carrier Systems
    • Roof Racks Galore (RRGQ) Pty Ltd
    • Cequent Group (Rola)
    • Thule Group
    • Yakima Australia Pty Ltd.
    • Clarus Corporation
    • Mont Blanc Group AB    
    • Shingleback Off Road

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    “Ongoing developments and the use of advanced materials to manufacture car racks, such as the development of fiberglass car racks that offer high stability and durability, are expected to contribute significantly to market growth. The introduction of affordable car racks, excellent resistance to damage, improved performance for long distances, and aesthetically pleasing car racks are attracting the youth population. The rise in the number of market players and availability of innovative car racks are expected to propel the Australian car rack market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

    Car Rack Market – Australia Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Vehicle Type (Hatchback, Sedan, SUV/MPV), By Type (Roof Rack, Roof Box, Bike Car Rack, Ski Rack, Watersport Carrier), By Material (Aluminum Alloy, Composite Plastic, Stainless Steel, Others), and By Region”, has evaluated the future growth potential of Australia car rack 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 Australia car rack market.

    News : https://www.techsciresearch.com/news/6956-australia-car-rack-market.html

     

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    Mr. Ken Mathews

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  • India Automotive Blockchain Market to be dominated by Personal Mobility solutions through FY2027

    Ongoing digitization in automotive industry and rise in investments in automotive blockchain technology are driving the demand for India automotive blockchain market in the forecast period, 2023-2027.

    According to TechSci Research report, India Automotive Blockchain Market By Region, Competition Forecast & Opportunities, FY2027, the India automotive blockchain market is anticipated to witness impressive growth during the forecast period, FY2023-FY2027.

    Road accidents occur around the year due to growing sales of vehicles, high traffic conditions, and several other reasons. The high number of road accidents makes the insurance claiming process easier for consumers. Availability of smart financing solutions in the market and growing demand for the easy and secure process from consumers is expected to accelerate the need for India automotive blockchain market in the forecast period.

    Automotive blockchain technology stores the quality inspection data, vehicle leading information, work in process for every vehicle present in the assembly line. Vehicles are prone to encounter cyber-attacks due to the growing availability of connected vehicles. A high level of encryption in blockchain technology provides enhanced vehicle security by protecting vehicle telematics data.

    Automotive blockchain aids in storing the data useful for different automobile processes, including vehicles services and maintenance, warranty claims, and insurance. The data stored in blockchain technology can be changed or hampered, which aids in securing the information. Market players are investing in the development of automotive blockchain technology and finding innovative solutions to increase the comfort and convenience of consumers.

    However, growing concerns about data security, privacy, and control in automobiles and the limited scalability of blockchain technology may restrain the market growth in the forecast period. 

    Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "India Automotive Blockchain Market"

    https://www.techsciresearch.com/report/india-automotive-blockchain-market/8301.html

    The India automotive blockchain market is segmented into application, mobility, provider, end user, regional distribution, and company.

    Based on application, the market is divided into manufacturing, supply chain, mobility solutions, financial services, others. The supply chain is expected to hold the highest market share in the forecast period as it improves and optimizes the overall experience for automobile manufacturers. 

    Based on mobility, the market is divided into personal mobility, shared mobility, and commercial mobility. Personal mobility is expected to hold the largest market share in the forecast period. Increasing urbanization, the growing purchasing power of consumers, and continuous population growth are accelerating the demand for personal mobility among consumers. High production and sales of passenger cars and commercial vehicles in the country and adoption of blockchain technology to efficiently optimize the production, sales, and maintenance of vehicles are creating lucrative opportunities for the India automotive blockchain market.

    Based on the provider, the market is divided into application & solution, middleware, and infrastructure & protocol. Application & solution provider is dominating the market and is expected to maintain their dominance throughout the forecast period. High-end investments by OEMs and major market players and efforts to enter a partnership with blockchain solution providers are influencing the market demand. The launch of advanced blockchain solutions and the adoption of cutting-edge technologies by automobile manufacturers is expected to further fuel India's automotive blockchain market demand.

    Based on end user, the market is divided into OEMs, vehicle owners, mobility as a service provider, and others. OEMs are expected to account for the largest market share in the forecast period due to the growing adoption of automotive blockchain technology in the manufacturing process, which aids in improving the supply chain. It helps to keep complete information about records and parts and components integrated into automobiles which helps OEMs for targeted recall. It also allows manufacturers to quickly identify faulty products and ensure customers receive quality parts in automobiles.

    Major market players operating in the India automotive blockchain market are :

    • Microsoft Corporation
    • BigchainDB GmbH
    • IBM Corporation
    • SHIFTMobility Inc.
    • HCL Technologies
    • NXM Labs Inc.
    • Accenture plc
    • Helbiz, Inc.
    • cV Group UAB
    • CarBlock Corp.

    “The rise in investments in connected and autonomous vehicles and the availability of various mobility services in the country such as vehicle rental, sharing, hailing, and ongoing technological advancements in the automotive industry are expected to bolster the Indian automotive blockchain market for the next five years. The adoption of blockchain technology by car rental companies to manage the fleet and record data with high accuracy is expected to garner a lot of consumer attraction. The increased demand for vehicle rental services in developing countries is expected to propel the global automotive blockchain market growth till FY2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

    Automotive Blockchain Market – India Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Application (Manufacturing, Supply Chain, Mobility Solutions, Financial Services, Others), By Mobility (Personal Mobility, Shared Mobility, and Commercial Mobility), By Provider (Application & Solution, Middleware, and Infrastructure & Protocol), By End User (OEMs, Vehicle Owners, Mobility as a Service Provider, Others), By Region”, has evaluated the future growth potential of India automotive blockchain 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 India automotive blockchain market.

    News : https://www.techsciresearch.com/news/6954-india-automotive-blockchain-market.html

     

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  • Autoclaved Aerated Concrete Market to Grow with a CAGR of 7.25% through 2027

    Rising infrastructure development and rising demand for sustainability are driving the growth in Global Autoclaved Aerated Concrete Market in the forecast period, 2023-2027.

    According to TechSci Research report, Autoclaved Aerated Concrete Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, the global autoclaved aerated concrete market stood at USD9.85 billion in 2021 and is anticipated to grow with a CAGR of 7.25% in the forecast period, 2023-2027. The flourishing construction sector, high demand for lightweight construction material, and growing focus on the construction of green buildings are expected to drive the demand for the global autoclaved aerated concrete market through the forecast period.

    The automated aerated concrete offers several advantages over traditional ash bricks, including higher energy efficiency, ease of application, and thermal insulation, which has increased their demand for commercial and residential construction. Developed countries are using autoclaved aerated concrete materials for construction and infrastructure development. Autoclaved aerated concrete makes the building sustainable and energy efficient. Market players are making investments in the construction of advanced facilities and technologies to boost productivity and develop advanced materials with higher decarbonization properties.

    However, the high manufacturing cost of autoclaved aerated concrete over traditional construction material and lack of awareness may restrain the market growth for the next five years. 

    Browse over 115 market data Figures spread through 180 Pages and an in-depth TOC on "Global Autoclaved Aerated Concrete Market"

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    The global autoclaved aerated concrete market is segmented into product type, end user, application, region, and by company.

    Based on product type, the market is fragmented into block, lintel, floor elements, roof panel, wall panel, cladding panel, and others. Block products hold the largest market share by covering 43.18% market share in 2021. The high demand for autoclaved aerated concrete from residential and non-residential buildings offers numerous advantages, including increased insulating capabilities and easier installation than traditional construction materials.

    Based on the end user, the market is divided into residential, commercial, industrial, and infrastructure. The residential segment dominated the market in 2021, with a share of 36.46%, and is anticipated to grow at a CAGR of 6.98% in the forecast period. The rise in demand for lightweight and energy-efficient building materials for building construction is expected to accelerate the market growth in the forecast period. Buildings account for a significant share to contribute to the growing pollution levels, which is the major reason leading authorities are promoting the construction of green buildings.

    On the basis of regional analysis, Europe accounted for the largest market share of 33.63% in the global autoclaved aerated concrete market due to the presence of leading companies and manufacturing units in the region. People are aware of the benefits of using energy-efficient construction materials and are using them extensively to construct their houses. Ongoing Urban Transformation Campaign in the region is expected to play a significant role in accelerating the demand for autoclaved aerated concrete market through the next five years.

    The leading companies operating in the global autoclaved aerated concrete market are :

    • Biltech Building Elements Limited
    • Xella International GmbH
    • CSR Limited
    • UAL Industries Limited
    • H+H International A/S
    • JK Lakshmi Cement Ltd.
    • Mannok Holdings
    • Aercon AAC
    • Buildmate Projects Pvt Ltd.
    • Eastland Building Materials Co., Ltd
    • Bauroc AS

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    “The rise in efforts taken by leading authorities to lower carbon emissions and the launch of various initiatives such as the initiative by the World Green Building Council to achieve net-zero carbon commitment by 2030 from building and construction activities in the urban cities are expected to surge the demand for sustainable construction materials like AAC. Construction of smart buildings by using internet of things (IoT) technology and other advanced materials and techniques to upgrade the existing building infrastructure and transform it into a green building is expected to propel the global autoclaved aerated concrete market growth through 2027”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

    Autoclaved Aerated Concrete Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, Segmented By Product Type (Block, Lintel, Floor Elements, Roof Panel, Wall Panel, Cladding Panel, and Others), By End User (Residential, Commercial, Industrial, Infrastructure), By Application (Construction Materials, Road Construction, Roof Insulation, Bridge Sub-Structure, Void Filling, and Others), By Region”, has evaluated the future growth potential of global autoclaved aerated concrete 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 autoclaved aerated concrete market.

     

    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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