Pallet Racking Market 2020-2025 | Global Size, Business Opportunities, Strategies, Industry Analysis by Top Players, Financial Overview, Demand, Growth, Challenges, Value and Forecast.

 Global Pallet Racking Market Research Report: Information by System (Conventional, Mobile Racking, Shuttle Racking and Hybrid/Customized Racking), Racking System Type (Cantilever Racking, Selective Racking, Push Back Racking, Drive-In Racking, Pallet Flow Racking, Carton Flow Racking and others), Frame Load Capacity (Up to 5 Ton, 5–15 Ton and Above 15 Ton), End-Use Industry (Automotive, Food & Beverage, Retail, Manufacturing, Warehouse & Logistics and others) and Region (North America, Europe, Asia-Pacific and South America) - Forecast till 2025.

Market Overview

The rapid growth in logistics and warehousing industries has increased the demands for proper space management. Pallet racking systems have decreased the complications and adoption of advanced systems. The rapid rise in the e-commerce segment has increased the sizes of warehouses, which can create problems for sorting the right products at the right time and will damage the working process. The swift rise in demand for cost-effective alternates with maximum efficiency has provided significant growth to this market.

The rapid rise in the food & beverage industry has also boosted the market as this industry is going through rapid global expansion. Increasing adoption of automation procedures free from human errors has increased the use of such systems and is getting a reasonable response from all industries. The emerging economies will provide the maximum growth opportunities to this market and will cover the maximum part of the market due to vast opportunities. The companies invest in research & development programs to unfold the new aspects, imposing an extra load on the market and helping the market gain accelerated speeds.

Apart from the uses and features, the global pallet racking market faces challenges from high investment costs included, which has restrained the global market growth. This report offers a complete outlook on the opposition, opportunities, drivers & restraints, and other factors affecting the neighbourhood and global pallet racking marketplace. The worldwide market is anticipated to sign in approximately 07 % annual growth in this era.

Key Players

The Key Players in the global pallet racking market include Elite Storage Solutions (US), Ridg- U-Rak (US), Averys (France), AR Racking (Spain), Daifuku (Japan), SSI SCHAEFER (US), Hannibal Industries (US), Mecalux (Spain), KION Group (Germany), Steel King (US), Advance Storage Products (US), and Unarco Material Handling (US).

Industry News

The global pallet racking market is growing at considerable speeds due to the increasing demands for smart technologies, rapid industrial growth, and the logistics market's development. Currently, the Asia Pacific region is leading the market and will lead the group with the highest growth rate. The hybrid racking and selective racking system segments are leading the market and will grow with the highest growth rates at the same time.

Market Division

The global pallet racking market is segmented into classes as follows:

The global pallet racking market is categorized as mobile racking, shuttle racking, conventional racking, and others based on system type.

The global pallet racking market is categorized as elective racking, cantilever racking, carton flow racking, and others based on types of racking systems.

The global pallet racking market is categorized among manufacturing, retail & e-commerce, automotive, food & beverage, and others based on end-users.

Regional Classification

The pallet racking market has gained global adoption due to the rapid expansion of logistics & warehousing industries, fast adoption of automation systems, and demands for cost-effective techniques. The global pallet racking market is divided into North America, the Asia Pacific, Europe, and the rest of the world. The Asia Pacific region is presently leading the market and will file the fastest growth due to the rapid expansion of the pallet racking industry, rapid urbanization, the rapid development of economies, rapidly developing industrial structures, and other factors with rapidly developing economies like India, China and others among the major contributors.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

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https://freepressreleasedb.com/pr/Door-Control-Modules-Market-2020-2025-COVID-19-Analysis-Size-Share-Emerging-Technologies-Industry-Trends-Revenue-Segments-Growth-PR155062/

Electric Vehicle Powertrain Market expected 16 % of High CAGR by 2020-2025 | COVID-19 Impact Analysis, Business Opportunities, Strategies, Size, Share, Profit Growth and Forecast.

 Global Electric Vehicle Powertrain Market Research Report: Information, by Component (Battery, E-Motor, Power Electronics, Thermal Management Modules and others), Propulsion (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Type (Passenger Car and Commercial Vehicle) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025.

Overview

The global electric vehicle powertrain market is witnessing a considerable rise in its size. The market growth attributes to the advent of electric vehicles and usages of powertrain systems in EVs to increase electric mobility and reduce the costs of operations. Besides, the increase in production and sales of electric cars and stringent emission regulations, drive the growth of the market. Moreover, increasing new energy vehicles (NEV) demand escalates the market demand to furthered height.

According to an eminent research firm, Market Research Future (MRFR), the global electric vehicle powertrain market is poised to reach USD 120 BN by 2025. In its recent COVID 19 analysis on the EV powertrain market, MRFR also asserts that the market would register 16 % CAGR throughout the anticipated period (2019 – 2025).

Improving electric vehicle infrastructures in countries like China, South Korea, Japan, the US, and Germany substantiates market growth.

Increasing production of EVs means a growing need for rehauling the entire ecosystem and architecture of a vehicle and its surrounding environment. Besides, Carbon emission increased exponentially across the world over the past decades, push the market demand and hence, sales in the global EV powertrain market. Though it would take some time to develop zero carbon emission vehicles, electric vehicles are certainly one of the greener alternatives with fewer lifecycle emissions.

Governments across the world are fuelling the research projects to optimize components and test & simulation toolkits for powertrains, which in turn drive the market growth significantly. These researches to integrate ultra-high-speed motor solutions attract substantial investments, bringing about the development of innovative technologies next-generation mobility solutions. Conversely, high prices of EVs are significant factors slowing the growth of the market.

Major Players: 

Players leading the global electric vehicle powertrain market include EPT Co., Inc. (South Korea), ZF Friedrichshafen AG (Germany), WEG (Brazil), IET S.p.A. (Italy), Bonfiglioli Riduttori S.P.A (Italy), Automation Tooling Systems Inc. (Canada), NXP Semiconductors (the Netherlands), GKN PLC (UK), Robert Bosch GmbH (Germany), Continental AG (Germany), BorgWarner Inc. (US), AVL List GmbH (Austria), Magna International Inc. (Canada), Mitsubishi Electric Corp (Japan), and Dana Incorporated (US), among others.

Segmentation

The report is segmented into four dynamics;

By Component: Battery, E-Motor, Power Electronics, Thermal Management Modules, and others.

By Propulsion: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicles (PHEV), and others.

By Vehicle Type: Passenger Car, Commercial Vehicle, and others.

By Regions: Asia Pacific, North America, Europe, and Rest-of-the-World.

Regional Analysis

Asia Pacific dominates the global electric vehicle powertrain market. The market growth attributes to the massive increase in the production and sales of e-vehicles in the region. Besides, the increased installation of powertrain system and solutions in electric vehicles drive the market growth. Private and public organizations' growing investments and the rise in demand for safety features in vehicles foster the growth of the market.

Furthermore, increasing researches bring up developments of electric vehicle powertrains, such as power inverters and power modules, to boost the market growth. China holds a significant share in the regional market, followed by India. India launched FAME I, FAME II, and various tax concession schemes to promote electric vehicles. The APAC electric vehicle powertrain market is projected to retain its dominance throughout the assessment period.

North America stands second in the global electric vehicle powertrain market. The market is driven by the growing demand for electric vehicles with a low operating cost. Moreover, the increased government backing and support for the development of the EV powertrain industry push the regional market growth. Also, investments in research and development, large potential consumer base in the US, and Canada create a huge demand for environment-friendly vehicles, contributing to the EV powertrain sales.

Europe, too holds a considerable share in the global electric vehicle powertrain market. The market is driven by regulatory laws such as the European Union (EU) implemented to minimize vehicle emissions. Besides, and timelines for creating zero-emission zones in countries like the UK and France increase the demand for electric vehicles to foster the growth of the regional market. Furthermore, favourable incentives policies to buy electric trucks propel the growth of the market in the region.

Competitive Analysis  

Highly competitive, the electric vehicle powertrain market appears fragmented due to the presence of several well-established players. These players incorporate strategies like mergers & acquisition, collaboration, technology/product launch, and expansion, to gain a larger competitive share. With the industry, technologies, and EVs changing faster than ever before, research projects to optimize components and test & simulation toolkits for powertrains have become crucial. 

Many researches to integrate ultra-high-speed motor solutions has opened up substantial investment opportunities for the market players. Industry players are investing substantially to develop innovative technologies that can ease the challenges of next-generation mobility solutions. 

Industry/ Innovation/ Related News

August 05, 2020 ----- Middle Ground Capital, a private equity firm, announced the acquisition of majority ownership of Dura Automotive Systems. With the addition of Dura's engineering capabilities, Middle Ground would help develop next-generation products of superior quality. 

Dura operates through its mechatronics, lightweight structures, and exterior trim segments. It makes shift-by-wire actuators, advanced driver-assistance systems (ADAS), and electric vehicle (BEV) battery trays, mechatronic control systems, and others. It supplies leading automotive OEMs and Tier one companies globally with more than 300 platforms across all light vehicles and powertrain types.

August 08, 2020 ----- Bentley Motors announced its project - OCTOPUS that aims to deliver e-powertrain of the future transforming electric vehicle powertrains with a fully integrated, free from rare-earth magnet e-axle that supports electric vehicle architectures. OCTOPUS project is funded by the British Department for Low Emission Vehicles and would be conducted in collaboration with Innovate UK.

Read More:

https://teletype.in/@rshweta/ZBFhp8kgh

https://www.techsite.io/p/1691543

 

Pharmaceutical Packaging Market 2020 | Application, COVID-19 Analysis, Business Opportunity, Size, Trends, Financial Overview, Segments, Future Scope, Development, Demand and Forecast 2023

 Global Pharmaceutical Packaging Market Research Report: Information by Material (Plastic, Paper & Paperboard, Glass), Type (Bottle, Aerosol Pack, Tubes, Blister Pack, Sachets), Packaging (Rigid, Flexible, Semi-rigid), Application (Generic Drugs, Branded Drugs, Medical Tools & Equipment, Test Kits, Nutraceuticals), and Region - Forecast till 2023.

Market Overview

The global pharmaceutical packaging market is expected to exhibit a strong 6.51% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global pharmaceutical packaging market is mainly driven by the growing pharmaceutical industry around the world. The major drivers and restraints acting on the global pharmaceutical packaging market are profiled in detail in the report. The competitive landscape of the global pharmaceutical packaging market is also examined in detail in the report.

Major players operating in the pharmaceutical packaging market are profiled in the report. The impact of the COVID-19 pandemic on the global pharmaceutical packaging market is also examined in the report. Pharmaceutical packaging comprises various types of packaging used to store and transport pharmaceutical products. Pharmaceutical products need to be resistant to environmental corrosive agents such as moisture and sunlight. Pharmaceutical products may often have a sensitivity to sunlight.

Due to this, pharmaceutical packaging products need to protect the products from intense sunlight. Keeping out dust is also a major concern in pharmaceutical packaging, as dust can compromise the chemical formulation of the pharmaceutical product. The growing need for effective protection for pharmaceutical products during transportation and storage is likely to be a major driver for the global pharmaceutical packaging market over the forecast period. Many companies in the global pharmaceutical packaging market are investing significant amounts in product innovation in order to come up with more secure forms of pharmaceutical packaging. The growing demand for effective, secure pharmaceutical packaging products is likely to be a major driver for the pharmaceutical packaging market over the forecast period.

The growing pharmaceutical industry is also likely to be a major driver for the global pharmaceutical packaging market over the forecast period. The pharmaceutical industry has been driven by the growing prevalence of contagious and chronic diseases around the world. The rise of super bacteria that are resistant to conventional medication has driven the demand for stronger pharmaceutical formulations that can deal with the problem. This has been a key driver for the pharmaceutical industry in recent years. Growing air pollution around the world has also led to an increasing prevalence of respiratory disorders in recent years. This has also been a key driver for the pharmaceutical packaging market over the last few years. Increasing prevalence of lifestyle diseases such as diabetes and obesity has been a major driver for the global pharmaceutical industry. The growing pharmaceutical industry is thus likely to be a major driver for the global pharmaceutical packaging market over the forecast period.

Competitive Leader board:

Leading players in the global pharmaceutical packaging market include Gerresheimer AG, Comar LLC, International Paper, Avery Dennison Corporation, CCL Industries Inc., Berry Global Inc., WestRock Company, West Pharmaceutical Services Inc., Sonoco Products Company, Owens-Illinois Inc., Schott AG, and Amcor Limited.

Segmentation:

The global pharmaceutical packaging market is segmented on the basis of material, type, packaging, application, and region.

By material, the global pharmaceutical packaging market is segmented into plastic, paper and paperboard, glass, and others. Plastic is likely to remain the major material type in the pharmaceutical packaging market over the forecast period due to its inertness to chemicals.

By type, the global pharmaceutical packaging market is segmented into bottles, aerosol packs, tubes, blister packs, sachets, parenteral vials and ampoules, prefilled syringes, caps and closures, and others.

By packaging, the global pharmaceutical packaging market is segmented into rigid packaging, flexible packaging, and semi-rigid packaging.

By application, the global pharmaceutical packaging market is segmented into generic drugs, branded drugs, medical tools and equipment, test kits, nutraceuticals, and others.

Regional Analysis:

North America and Asia Pacific are the major regional markets for pharmaceutical packaging, the former due to the high level of innovation ongoing in the pharmaceutical packaging market in the region, and the latter due to the growing volume of the pharmaceutical industry in the region. Europe is the third largest regional market.

Read More:

https://www.techsite.io/p/1682073

https://www.articletrunk.com/electric-vehicle-powertrain-market-expected-16-of-high-cagr-by-2020-2025-covid-19-impact-analysis-business-opportunities-strategies-size-share-profit-growth-and-forecast/

 

Recyclable Packaging Market 2020 | COVID-19 Analysis, Business Opportunity, Global Size, Share, Growth, Trends, Strategies, Financial Overview, Segments and Regional Forecast 2025

 Global Recyclable Packaging Market Information by Material Type (Glass, Paper, Plastic, Tinplate, Wood, Aluminium, Biodegradable Plastic and Recycled Papers), Packaging Type (Paper & Cardboard, Void Fill Packing, Bubble Wrap and Pouches & Envelopes), End-Use Industry (Healthcare Industry, Personal Care & Cosmetics Industry and Food & Beverages Industry) and Region (North America, Europe, Asia- Pacific, Middle East & Africa and South America) Forecast till 2025

Overview:

The global study of the recyclable packaging market reveals the possibility of recording 4.1% CAGR during the forecast period of 2019 to 2025. Market Research Future (MRFR) identified factors like the growing demand for eco-friendly measures, consumer awareness regarding the environmental crisis, availability of proper technological support, easy inclusion of advanced technologies, financial backing, the better scope for research and development, and others. The introduction of bioplastics can boost the growth of the market further. However, these packaging modes lack durability, which might hold back the market in the coming years. 

Competitive Landscape:

Ebro Colour GmbH (Germany), Graham Packaging Company (US), Salazar Packaging, Inc.(US), Lacerta Group, Inc. (US), APP (Asia Pulp & Paper) (Indonesia), Amcor (Australia), 3M (US), Avery Dennison Corporation (US), American Packaging Corporation (US), BASF SE (Germany), and others impact the recyclable packaging market with their strategic developments. 

Industry News:

In August 2020, Sir Kensington’s, a well-known company for being a manufacturer of condiments and dressings, announced that it had set initial impact targets that are focused on responsible packaging, sustainable agriculture, and team impact. The company is planning to achieve 100% recyclable and 100% recycled content in rigid plastics and fibre by 2022. The company is currently using 3.5% post-consumer recycled (PCR) plastic, which can be considered a stepping stone for the market.

In August 2020, DS Smith, a market leader in sustainable packaging, and Aquapak, a company known for its innovative development of biodegradable polymer, announced a teaming up to initiate the development of the next generation of packaging solutions. This collaboration aims to provide sustainable fibre-based packaging solutions with the ability to replace hard-to-recycling packaging, resulting from a combination of materials like cardboard and plastic.

In August 2020, Magnum, Unilever’s ice cream brand, announced the rollout of around 7 million recyclable ice cream tubs. These tubs are made of recycled polypropylene (rPP), which is the result of the company’s endeavours to take an eco- friendly route. The plan saw initial success in Belgium, Spain, and the Netherlands in 2019. 

The COVID-19 crisis is expected to make people more eco-friendly as a lot of scientists are of the opinion that this spreading of the coronavirus has a direct connection with global warming. This could bolster the global recyclable packaging market.

Segmentation:

The global recyclable packaging market includes a proper understanding of several segments like packaging type, material type, and end-use industry. 

By material type, the global recyclable packaging market includes paper, plastic, glass, wood, biodegradable plastic, aluminium, tinplate, and recycled papers. The plastic segment or the recyclable packaging bags had the largest market share in 2018 and has the chance to register the highest CAGR during the forecast period.

The report on the global recyclable packaging market by packaging type depends on a study of bubble wrap or recycle bubble wrap, void fill packing, paper & cardboard, and pouches & envelopes. The paper & cardboard segment dominated the global market in 2018 and is deemed to record the highest CAGR over the review period.

By end-use industry, the study of the recyclable packaging market includes the personal care & cosmetics industry, healthcare industry, and food & beverage industry. The food & beverage industry segment had the lead in 2018.

Regional Analysis:

Asia Pacific is expected to continue its market dominance during the forecast period. This region is known for its growing industries and a huge consumer base, which are directly impacting the market. In Europe and North America, stringent regulations will play a favourable role in the recyclable packaging market. 

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

Continues…..

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https://www.spoke.com/topics/pharmaceutical-packaging-market-2020-application-covid-19-analysis-business-opportunity-size-trends-financial-overview-segments-future-scope-development-demand-and-forecast-2023-5f60747528331beeb10c2777

 

Public Transport Market 2020-2025 | COVID-19 Analysis, Application, Global Size, Industry Share, Trends, Top Players, Business Opportunities, Segments, Growth and Regional Forecast

 Public transport is a cost-effective way to travel and helps in reducing the carbon footprint as well. The growing global population has increased public transport usage, which has increased the demand for safer transportation practices. As the economies are developing, the demands for smart transportation systems is also increasing to eradicate any issues. The growing initiatives for smart cities have raised the demands for smart transportation systems and are growing rapidly. The rapid growth of the public transportation industry has created lucrative growth opportunities for this market and is getting stronger with time.

Also, the demands for smart and fast alternates like software powered systems are growing at booking speeds, which has increased the demands for advanced systems. Rail is also a vital part of the public transport system used for long distance travel, and the advancement in the rail industry has made the travel safe and fast, which has provided additional growth to this market. The companies invest in research & development programs to unfold the new aspects, imposing an extra load on the market and helping the market gain accelerated speeds.

Apart from the uses and features, the global public transport market faces challenges from poor management and low service qualities, which has restrained the global market growth. This report offers a complete outlook on the opposition, opportunities, drivers & restraints, and other factors affecting the neighbourhood and global public transport marketplace. The worldwide market is anticipated to sign in approximately 08 % annual growth in this era.

Key Competitors

The Key Players operating in the Global Public Transport Market are Transport For London (UK), MTR Corporation (Hong Kong), Bay Area Rapid Transit (BART) (US), Chicago Transit Authority (US), The Washington Metropolitan Area Transit Authority (US), Massachusetts Bay Transportation Authority (US), Madrid Metro (Spain), Metropolitan Transportation Authority (US), The San Diego Metropolitan Transit System (US), and Seoul Metro (South Korea).

Market Division

The global public transport market is segmented into classes as follows:

The global public transport market is categorized as metro, bus, light rail, tram, and others based on types. The global public transport market is categorized into urban and rural based applications.

Regional Classification

The public transport market has gained global adoption due to rising global populations, growing governmental investments, and high investments in smart city projects. The global public transport market is divided into North America, the Asia Pacific, Europe, and the rest of the world. The Asia Pacific region is presently leading the market due to the rapid expansion of the public transport industry, rapid urbanization, and the rapid development of economies, an increase in budgets, high emphasis on smart city developments, and other factors. The European region is the second-largest market growth due to the rise in investments, high awareness towards carbon emissions, government initiatives, and other factors.

Industry News

The global public transport market is growing at considerable speeds due to increasing demands for smart technologies, the rapid rise in government investments, and the rise in population. Currently, the Asia Pacific region is leading the market, followed by the European and North American regions in the respective order. The light rail and city segments are leading the market and will grow with the highest growth rates at the same time. The rapidly developing economies will provide major opportunities for this market and will grow at the same pace.

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https://uberant.com/article/931616-hyper-car-market-2020-2025-covid-19-analysis-application-high-cagr-size/

Solar-Powered Vehicle Market is Anticipated to Achieve 21% CAGR by 2025 | Share, Global Size, Trends, Analysis by Top Players, Emerging Technologies, Future Plans, Segments and Regional Forecast

 Solar Powered Vehicle Market Growth, 21% of CAGR, Challenges, Research Report and Industry Forecast to 2025 : Global Solar-Powered Vehicle Market Information by Solar Panel (Monocrystalline and Polycrystalline Solar Panel), by Battery Type (Lithium-Ion Battery, Lead-Acid, Lead-Carbon and others), by Propulsion (Battery and Hybrid Electric Vehicle), by Vehicle Type (Passenger Car and Commercial Vehicle) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025

Market Overview

According to Market Research Future (MRFR), the global solar-powered vehicle market is estimated to grow at 21% CAGR from 2019 to 2025 (forecast period). The report assesses the impact of the COVID-19 pandemic on the global solar-powered vehicle market and offers a descriptive estimation of the anticipated volatility of demand over the forecast period.

Solar-powered vehicles harness energy from the sun and generate power using a solar array, which is a mixture of hundreds of solar cells. The solar array uses photovoltaic cells (PV cells) to convert sunlight to electricity. Photovoltaic cells are made up of semiconductors, usually, silicon, which absorbs sunlight and generates electricity to power the batteries and specialized motors in solar cars. A solar-powered system is a simple solution for using solar energy.

Key Players

Leading firms operating in the global solar-powered vehicle market are Guangzhou Jcar Industrial Company Ltd (China), Cruise Car (US), Hanergy Holding Group (China), Venturi Eclectic (France), Ford Motor Company (US), Mahindra & Mahindra (India), Sono Motors GmbH (Germany), The Solar Electric Vehicle Company (US), Kiira Motors Corporation (KMC) (Uganda), and Immortus (Australia).

Market Dynamics

Growing government initiatives and subsidies to encourage continued expansion of solar-powered vehicles, increasing long-distance driving ranges of electric vehicles, rising demand for environmentally friendly vehicles, rising emphasis on reducing vehicle emissions, and growing investment in OEM R& D to build zero-emission vehicles are critical drivers for the growth of this market.

The high costs, lack of standardization, and energy losses during transmission are restraining factors for this market' s growth. However, growing disposable incomes in countries such as China, India, and Germany, rising demand for solar-based electric vehicle charging stations, and rapid industrialization provide ample opportunities for the expansion and growth of this market.

The global market for solar-powered vehicles is projected to see rapid growth during the assessment period. Globally, increasing production of solar-powered electric vehicles is also driving the growth of the global industry. In addition, the increasing sales and government support for solar cars, the strict vehicle emission regulations in Europe and North America, and the ban announced on ICE vehicles by various countries, such as Germany, the United Kingdom, the United States, and China, which will come into force by 2030, will further contribute to the growth of the industry.

Market Segmentation

The global solar-powered vehicle market has been segmented based on the solar panel, battery type, propulsion, and vehicle type.

Based on the solar panel, the global market for solar-powered vehicle has been divided into monocrystalline and polycrystalline.

Based on battery type, the global market for solar-powered vehicle has been segmented into lithium-ion battery, lead-acid, lead-carbon, and others.

Based on propulsion, the global market for solar-powered vehicle has been divided into battery electric vehicle and hybrid electric vehicle.

Based on vehicle type, the global market for solar-powered vehicle has been divided into passenger car and commercial vehicle.

Regional Analysis

The global market for solar-powered vehicles has been segmented into four major regions: North America, Europe, Asia Pacific, and the rest of the world. 

The Asia Pacific is projected to have the largest market share in the forecast period due to the expanding production and sales of battery and hybrid electric vehicles in Japan and China. In addition, the rise in demand for the solar-powered electric bus is anticipated to augment the market in the region. For example, the Government of India has taken the initiative to introduce 5 million solar-powered electric vehicles in the country by 2020. Moreover, the availability of an average of 300 days of sunlight in China and India, rising disposable incomes, increasing population, and urbanization further boost demand growth in the region.

North America is anticipated to see a significant increase in the global market for solar-powered vehicles during the forecast period, with the US expected to hold the largest share.

Table of Contents

1.Executive Summary

2.Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3.Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

Continues…..

Read More:

https://www.techsite.io/p/1675568

https://www.articletrunk.com/solar-powered-vehicle-market-is-anticipated-to-achieve-21-cagr-by-2025-share-global-size-trends-analysis-by-top-players-emerging-technologies-future-plans-segments-and-regional-forecast/

 

Robo-Taxi Market 2020-2030 | Application, 53.8% CAGR, COVID-19 Analysis, Emerging Technology, Global Size, Share, Business Opportunities, Strategies, Trends, Growth and Regional Forecast

 Global Robo-Taxi Market Research Report: Information, by Component (Lidar, Radar, Sensors and others), by Service Type (Station-based Car sharing and Car Rental), by Vehicle Type (Passenger Car and Commercial Vehicle), by Propulsion (Electric, Battery and Hybrid), by Application (Residential and Non-Residential) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2030

Market Insight

The global Robo-taxi market 2020 is slowly starting to rebalance its position, as thanks to some of the prompting factors that are occurring amid coronavirus disease outbreak at the world level. Market Research Future has dug some of the essential information, which comes to be that the continuously variable transmission market will be witnessing growth graph at a higher percentage during the years 2014-2022 (forecasted period) at 53.8% CAGR.

Notable Developments

While the personal landscape mobility is undergoing reflective changes, amongst which is Robo-taxis. Such types of taxis are emerging as a new trend that is changing consumer perception towards mobility as a service. Autonomous vehicles are gaining enormous recognition in the ever- evolving public transport landscape, which is now being included with a broader mix of mobility services.

The Robo-taxi market, despite being at a burgeoning stage, is snowballing at a towering valuation. With an increasing number of countries in the world these are focusing on integrating public transport with urban mobility solutions, the espousal of Robo-taxis has been expected to reach new heights in the coming years. Back in 2018, the sales of Robo-taxis in the public transport industry grabbed for 65% of the global sales, and the whole revenue share of the public transport landscape might be expected to reach nearly 90% by the year 2030.

The report by MRFR further entails that the massive sales potential of Robo-taxis in the public transport sector, global auto giants are foraying into the Robo-taxis market to influence lucrative opportunities. With well-known dynamics of the Robo-taxi market is commonly viewed through the lens of technology, the competitive landscape of the market is possible to be characterized by a rising number of collaborations between automakers and technology companies in the foreseeing years.

In case of point, in June 2019, Uber unveiled a third-generation of autonomous Robo-taxis in partnership with Volvo in the United States. The company further announced that it would begin with the testing of these cars by 2020.

The Robo-taxi market is profoundly inclined by motivating factors such as the race to deploy autonomous vehicles, need for better road safety and traffic control and demand for fuel-efficient and emission-free cars boost the market growth. However, machines jeopardizing human jobs possible to reduce full acceptance, high R & D cost for implementation and cybersecurity threats are impacting unconstructively on the growth of this market in the current market scenario.

Prominent Vendors

The global market for Robo-taxis is reasonably fragmented with the presence of a large number of leading players in the market such as Tesla Inc. (US), Waymo LLC (US), Continental AG (Germany), Robert Bosch Gmbh (Germany), General Motors (US), ZF Friedrichshafen AG (Germany), GM Cruise LLC (US), Aptiv (Ireland), and EasyMile (France).

Segment View

The global Robo-taxi market is further studied among the segments such as component, service type, vehicle type, propulsion, and application.

Depending on the component segment, the global market has included radar, lidar, sensors, and others. Among these, the sensors segment might witness remarkable growth during the forecast period.

Depending on the service type segment, the global market has included station-based car sharing and car rental. Among these, the car rental segment might hold larger sharer during the assessment period.

Depending on the vehicle type segment, the global market has included passenger car and commercial vehicle. Among these, the passenger car segment might lead the market throughout the study period owing to the increasing demand for ride-sharing services, globally.

Depending on the propulsion segment, the global market has included battery, electric, and hybrid.

Depending on the application segment, the global market has included residential and non- residential. The non-residential segment is also ready to inflate with a higher CAGR during the assessment period.

Regional Front

Geographically, the global Robo-taxi market has been studied for significant regions such as Europe, North America, Asia-Pacific, and the rest of the world.

Asia-Pacific is approximate to hold the highest market share throughout the assessment period, owing to intensifying automotive infrastructure and rising population in Japan, China, and India. In fact, Asia-Pacific is also likely to witness the highest growth during the forecast period owing to the occurrence of developing countries with increasing economies, growing Robo-taxi industry, rapid urbanization, and growing focus on environment and vehicle safety.

However, Europe also might ready to witness remarkable growth during the forecast period owing to the incidence of developed and supportive infrastructure for electric vehicles and automobile facilities across the EU. Besides, the incidence of Robo-taxi component manufacturers such as Continental AG, ZF Friedrichshafen AG, Robert Bosch, and Aptiva has also contributed to the growth of this region.

Table of Contents

1.Executive Summary

2.Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3.Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4.Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

Continues….

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https://www.techsite.io/p/1675467

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