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MENASA commercial vehicle industry expected to grow from USD 314.4 billion in 2023 to USD 647.0 billion by 2033 with a 7.5% CAGR
The MENASA commercial vehicle market value is forecast to increase from USD 314.4 billion in 2023 to USD 647.0 billion by 2033. Overall demand for commercial vehicles in the region is set to surge at a CAGR of 7.5% during the assessment period.
The bulk freight segment currently dominates the MENASA industry, and the trend is expected to continue through 2033. It will likely hold a volume share of 26.5% in 2023. On the other hand, the parcel and package delivery segment is set to witness a higher CAGR of 12.1% through 2033.
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Key factors driving the commercial vehicle industry's growth are urbanization, increasing industrial activity, low loan rates, and growing infrastructural development. Similarly, robust infrastructural development and the growing popularity of electric and hybrid commercial vehicles are expected to boost the target industry.
Commercial vehicle market demand, particularly for medium-duty trucks, has enormously increased across South Asia, the Middle East, and North Africa (MENA) regions. This increase is strongly related to the growing logistics industry, especially in Middle Eastern countries.
Commercial vehicles are widely used in several industries for transporting goods and passengers. Their superiority over alternative modes of transportation can be ascribed to their effectiveness and flexibility for a variety of regional pick-up and drop-off activities.
Developing nations like India are witnessing increasing industrial and construction activities. This, in turn, necessitates efficient transportation of materials and products, thereby creating demand for commercial vehicles.
Key companies are focusing on integrating novel technologies like ADAS in commercial vehicles. This is expected to benefit the target industry and boost revenue during the assessment period. Another key factor expected to boost the growth of the commercial vehicles industry is rising trade activities.
Key Takeaways
The MENASA commercial vehicle revenue is projected to grow at 7.5% CAGR through 2033. By class type, medium duty segment is expected to total USD 301.0 million by 2033. By application, the bulk freight segment is set to hold a value share of 26.5% in 2023. India is expected to account for a significant share of about 31.4% in 2033. Demand for commercial vehicles in Turkiye is poised to grow at 9.7% CAGR through 2033.
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How technological improvement can evolve the market for automotive brake pads?
In order to make driving more convenient and safe, automotive manufacturers are actively attempting to improve brake pad technology as a result of technological advancements. Apart from the traditional brake pads, manufacturers have developed brake pads into anti-lock braking systems (ABS) and anti-collision items. Due to the rise of hybrid and electric vehicles, regenerative braking and anti-lock brakes (ABS) have recently dominated the brake pad market in the USA and Europe. In 2020, the market for electric car regenerative braking pads was valued at USD 3.5 billion. These technical improvements, such as regenerative braking and the introduction of a brake-by-wire system, have significant potential in developing countries, indicating a positive automotive brake pad market trend.
Competitive Landscape
Daimler AG (Mercedes-Benz Group AG), Volvo AB, Isuzu Motors Ltd., Scania AB, Paccar Inc., MAN SE, Hino Motors Ltd., Dongfeng Motor Corporation, Toyota Motor Corporation, Kenworth, Ford Motor Company, General Motor Company, Tata Motors, JAC Motors, Ashok Leyland, Iveco S.p.A., Peterbilt Motors Company, Mahindra & Mahindra, Sinotruk, Eicher Motors Limited & UD Trucks Corporation are the top manufacturers and suppliers of commercial vehicle listed in the report.
Key commercial vehicle companies are constantly upgrading their portfolios by launching new products. They also employ strategies like acquisitions, collaborations, partnerships, and facility expansions to strengthen their regional presence.
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Wednesday, February 23, 2022
Trudeau’s emergency powers upheld in Canada’s House amid worries ‘Freedom Convoy’ could return (Washington Post) In a 185-to-151 vote Monday, Canada’s House of Commons affirmed the use of special emergency powers invoked by Prime Minister Justin Trudeau to quell weeks-long blockades by self-styled “Freedom Convoy” protesters. Ottawa was largely cleared this past weekend of the protests that clogged the capital’s streets and frayed residents’ nerves, and major U.S.-Canada trade routes have been restored. But speaking to reporters ahead of the vote, Trudeau said the state of emergency he declared last week is not over because there continue to be “real concerns” over new demonstrations cropping up. Monday’s vote was largely divided along party lines. Provincial leaders were also split over Trudeau’s emergency powers: Doug Ford, premier of Ontario, supported the invocation, while Alberta’s leader, Jason Kenney, promised to challenge the federal government in court. The 34-year-old law, which was put to use for the first time last week, gives the Canadian government broad powers and tools to respond to national emergencies, authorizing federal authorities “to intrude into areas that would normally be under provincial jurisdiction during an emergency,” one legal expert explained.
Big Tech Makes a Big Bet: Offices Are Still the Future (NYT) Early in the pandemic, when shops along Mill Avenue in downtown Tempe closed their doors and students at nearby Arizona State University were asked to go home, the roar of construction continued to fill the air. Now, gleaming in the sunlight and stuffed with amenities, towering glass office buildings have sprouted up all over the Phoenix metropolitan area. Arizonans are about to have new next-door neighbors. And they include some of the technology industry’s biggest names. DoorDash, the food delivery company, moved into a new building on the edge of a Tempe reservoir in the summer of 2020. Robinhood, the financial trading platform, rented out a floor in an office nearby. On a February morning, construction workers were putting the finishing touches on a 17-story Tempe office building expected to add 550 Amazon workers to the 5,000 already in the area. The frenetic activity in the Phoenix suburbs is one of the most visible signs of a nationwide recovery in commercial office real estate fueled by the tech industry, which has enjoyed unchecked growth and soaring profits as the pandemic has forced more people to shop, work and socialize online. Big tech companies like Meta and Google were among the first to allow some employees to work from home permanently, but they have simultaneously been spending billions of dollars expanding their office spaces. But companies, real estate analysts and workplace experts said several factors were propelling the trend, including a hiring boom, a race to attract and retain top talent and a sense that offices will play a key role in the future of work. In the last three quarters of 2021, the tech industry leased 76 percent more office space than it did a year earlier, according to the real estate company CBRE.
If Joe Biden Doesn’t Change Course, This Will Be His Worst Failure (NYT/Opinion) Ninety-five percent of Afghans don’t have enough to eat. Nearly nine million are at risk of starvation. The U.N.’s emergency aid request, at more than $5 billion, is the largest it has ever made for a single country. “The current humanitarian crisis could kill far more Afghans than the past 20 years of war,” David Miliband, president of the International Rescue Committee, wrote recently. And we bear much of the blame. We have turned a crisis into a catastrophe. The drought in Afghanistan is the worst in decades. The Taliban is a brutal regime that has no idea how to manage an economy, and in many ways is barely trying. “Remember, the Emirate had not promised you the provision of food,” Mullah Muhammad Hassan, the head of the Taliban regime, said. “The Emirate has kept its promises. It is God who has promised his creatures the provision of food.” But neither drought nor Taliban mismanagement fully explain the horror unfolding in Afghanistan. “The long and short of it is Western economic restrictions are creating an economic crisis in the country which is driving tens of millions Afghans into starvation,” Graeme Smith, an Afghanistan expert at the International Crisis Group, told me. We froze more than $9 billion that belonged to the Afghan government—the vast majority of its foreign reserves. Sanctions that had long applied to the Taliban as a terrorist group suddenly applied to the government of Afghanistan, and few companies or countries dared violate them. “If state collapse was the object of policy, it could hardly be better designed,” Miliband told the Senate Foreign Relations Committee in unusually blunt testimony.
First Peruvian ex-president on trial for Odebrecht scandal (AP) A Peruvian judge started a trial Monday for corruption charges against former President Ollanta Humala and his wife, both accused of money laundering in a scandal involving Brazilian construction giant Odebrecht that has stained the highest political leaders in this South American country over the last two decades. Humala is the first former leader of Peru standing trial in Latin America’s biggest graft scandal, although three other ex-presidents have been involved in the case. Prosecutors accused Humala and his wife of receiving over $3 million from Odebrecht for his presidential campaigns in 2006 and 2011. Both denied any wrongdoing. Odebrecht admitted in a U.S. Justice Department plea agreement to paying $800 million in bribes to high-ranking officials around the region in exchange for lucrative public works contracts.
How Europeans Are Responding to Exorbitant Gas and Power Bills (NYT) A German retiree facing sky-high energy bills is turning to a wood-burning stove. The owner of a dry cleaning business in Spain adjusted her employees’ work shifts to cut electric bills and installed solar panels. A mayor in France said he ordered a hiring freeze because rising electrical bills threaten a financial “catastrophe.” Europeans have long paid some of the world’s highest prices for energy, but no one can remember a winter like this one. Lives and livelihoods across the continent are being upended by a series of factors, including pandemic-induced supply shortages and now geopolitical tensions that are driving some energy prices up fivefold. The flow of gas could be interrupted now that the Kremlin has ordered Russian troops into separatist territories of Ukraine. Russia provides more than a third of Europe’s natural gas, which heats homes, generates electricity and powers factories. Even as politicians and leaders in capitals across Europe are freezing prices, slashing taxes on energy and issuing checks to households hardest hit by the price increases, concerns are growing about what the persistently high prices could mean for people’s jobs and their ability to pay their bills. “People are very upset and very distressed,” said Stefanie Siegert, who counsels consumers in the eastern German state of Saxony who find themselves struggling to pay their gas and power bills.
Ukraine: Russian incursion, US sanctions (Bloomberg) After months of Kremlin denials that tens of thousands of troops massed on Ukraine’s borders telegraphed an intent to invade, U.S. President Joe Biden on Tuesday condemned Russia for doing just that. In a televised address, Biden announced sanctions over the decision by Vladimir Putin to send more troops into two so-called separatist republics inside Ukraine, and said the move sets the stage for a larger-scale invasion. Kremlin forces already occupy Ukraine’s Crimean peninsula. In coordination with European allies and others, the U.S. said it’s implementing a first round of sanctions, effectively cutting Moscow off from Western financing. Biden added he would announce other targeted sanctions against Russian oligarchs and their families in the coming days. Germany halted the Nord Stream 2 pipeline, one of Putin’s biggest priorities, and the U.K. announced additional sanctions targeting banks.
South Koreans overwhelmingly want nuclear weapons to confront China and North Korea, poll finds (Washington Post) There has long been a desire among South Koreans for domestic nuclear weapons capability, but a poll shows that in the face of North Korea’s nuclear ambitions and an assertive China, that view has ballooned to more than 70 percent of the population—most of whom want to go nuclear even when the potential drawbacks are explained. The poll, released Tuesday by the Chicago Council on Global Affairs, found robust support for nuclear weapons in South Korea: South Koreans want nuclear weapons even when they feel confident about the country’s alliance with the United States and about the strength of their own military.
In an Uneven Fight With China, a Tiny Country’s Brand Becomes Toxic (NYT) A family-owned semiconductor company in Lithuania sold nothing to China, so it did not worry much last year when Beijing, furious at the Baltic nation for cozying up to Taiwan, began blocking imports of milk products, peat and anything else it could find with a “Made in Lithuania” label. Closing the door on Lithuanian exports, however, was just the start. Today, said Kristijonas Vizbaras, a founder of the successful chip maker Brolis Group, anything with a “Lithuanian smell,” no matter how faint—say, a German car with a small Lithuanian-made component—risks getting blocked by China. “Unfortunately, Lithuania has become a toxic label,” he said, lamenting that China’s economic power has given it irresistible leverage over global supply chains—and as a result, the ability to strike wherever these chains intersect with his tiny Baltic country or any other nation that causes offense to Beijing. The lopsided fight between Lithuania, with a population of under three million, and China started last summer over a representative office that Taiwan, a thriving democracy that Beijing claims as Chinese territory, was opening in Vilnius, the Lithuanian capital. That feud has now expanded. The German-Baltic Chamber of Commerce warned Lithuania in December that its members working in high-tech sectors had been hit by the “Chinese-Lithuanian trade blockage in an existential way.” The European Union in January filed a complaint against China with the World Trade Organization, calling its actions against Lithuania “illegal and discriminatory,” but has otherwise largely left one of its smallest and weakest members to fend for itself. While publicly pledging solidarity with Lithuania, Josep Borrell, the bloc’s foreign policy chief, has privately urged it to appease Beijing by having the office represent “Taipei” instead of Taiwan.
Hong Kong orders mandatory COVID-19 tests for all residents (AP) Hong Kong will test its entire population for COVID-19 in March, the city’s leader said Tuesday, as the city grapples with its worst outbreak driven by the omicron variant. Hong Kong has reported about 5,000 new daily infections since Feb. 15, with the number threatening to overwhelm its healthcare system. Since the surge began at the beginning of the year, the city has recorded nearly 54,000 cases and 145 deaths. The order for citywide testing comes after mainland Chinese authorities dispatched health workers and medical resources last week to help contain the outbreak in the semi-autonomous Chinese city.
Dubai airport is busiest for global travel (AP) Dubai’s main airport said Tuesday it has retained its top place as the world’s busiest for international travel with around 29 million passengers shuttling through the global gateway last year. The 2021 passenger figures are encouraging for the tourism-driven economy of Dubai, regarded as a critical link between East and West. The numbers are sign that international travel has picked up somewhat since the coronavirus pandemic spawned unprecedented global lockdowns and border closures in 2020. Last year’s figure represents a 12% increase in traffic at Dubai International Airport compared to 2020. Dubai is currently hosting the six-month-long World’s Fair, which was delayed by a year due to the pandemic. Expo 2020, which opened in October and runs until the end of March, has attracted millions of visitors as well as heads of state, royalty and celebrities, helping to further cement Dubai’s reputation as a global destination.
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2020 Ford Edge Redesign, Change, Towing Capacity
2020 Ford Edge Redesign, Change, Towing Capacity
2020 Ford Edge Redesign, Change, Towing Capacity – Conversing with all the cutting edge Edge model originating from Ford, you can have established all the truth that you will have a finished revamp of it to be found throughout 2020-2021. This renovated model is going to offer only two trims which in turn are 2020 Ford Edge Titanium and 2020 Ford Edge ST variant.
There are yet many yrs to move to…
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Low Emission Vehicle Market 2021 | Business Opportunity, Growth Strategies & Forecast Report By 2027
The Low Emission Vehicle Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Low Emission Vehicle industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.
Base Year: 2020
Estimated Year: 2021
Forecast Till: 2027
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
Get | Download FREE Sample Report of Global Low Emission Vehicle Market @ https://www.decisiondatabases.com/contact/download-sample-11355
A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Low Emission Vehicle market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide Low Emission Vehicle market with company profiles of key players such as:
Tesla
Ford
General Motors
Daimler
BMW
Mitsubishi
Toyota
Honda
Isuzu
Hyundai
BYD
Want to add more Company Profiles to the Report? Write your Customized Requirements to us @ https://www.decisiondatabases.com/contact/get-custom-research-11355
Low Emission Vehicle Market Analysis by Type:
Mild Hybrid Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
Pure Electric Vehicle
Low Emission Vehicle Market Analysis by Application:
Passenger Cars
Commercial Cars
Low Emission Vehicle Market Analysis by Geography:
North America (USA, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
What is the expected growth of the Low Emission Vehicle market between 2022 to 2027?
Which application and type segment holds the maximum share in the Global Low Emission Vehicle market?
Which regional Low Emission Vehicle market shows the highest growth CAGR between 2022 to 2027?
What are the opportunities and challenges currently faced by the Low Emission Vehicle market?
Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
What business strategies are the competitors considering to stay in the Low Emission Vehicle market?
Purchase the Complete Global Low Emission Vehicle Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-11355
About Us:
DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.
For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 90 28 057900 Web: https://www.decisiondatabases.com/
#Low Emission Vehicle Market#Low Emission Vehicle Market Report#Low Emission Vehicle Market Size#Low Emission Vehicle Market Share#Low Emission Vehicle Market Growth
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Sports Utility Vehicles Market 2021 | Business Opportunity, Growth Strategies & Forecast Report By 2027
The Sports Utility Vehicles Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Sports Utility Vehicles industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.
Base Year: 2020
Estimated Year: 2021
Forecast Till: 2027
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
Get | Download FREE Sample Report of Global Sports Utility Vehicles Market @ https://www.decisiondatabases.com/contact/download-sample-10909
A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Sports Utility Vehicles market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide Sports Utility Vehicles market with company profiles of key players such as:
Ford
GM
Daimler
Toyota
Volkswagen
Honda Motor
Nissan Motor
Want to add more Company Profiles to the Report? Write your Customized Requirements to us @ https://www.decisiondatabases.com/contact/get-custom-research-10909
Sports Utility Vehicles Market Analysis by Type:
Small SUV
Medium SUV
Large SUV
Sports Utility Vehicles Market Analysis by Application:
Passenger Car
Commercial Vehicle
Sports Utility Vehicles Market Analysis by Geography:
North America (USA, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
What is the expected growth of the Sports Utility Vehicles market between 2022 to 2027?
Which application and type segment holds the maximum share in the Global Sports Utility Vehicles market?
Which regional Sports Utility Vehicles market shows the highest growth CAGR between 2022 to 2027?
What are the opportunities and challenges currently faced by the Sports Utility Vehicles market?
Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
What business strategies are the competitors considering to stay in the Sports Utility Vehicles market?
Purchase the Complete Global Sports Utility Vehicles Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10909
About Us:
DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.
For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 90 28 057900 Web: https://www.decisiondatabases.com/
#Sports Utility Vehicles Market#Sports Utility Vehicles Market Report#Sports Utility Vehicles Market Size#Sports Utility Vehicles Market Share#Sports Utility Vehicles Market Growth
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Automotive Bumpers Market Size, Share, Growth Opportunity and Trends by Growing CAGR Till 2026
The global Automotive Bumpers Market report offers a comprehensive assessment of the market for the forecast years. The report contains several segments and an analysis of the market trends and growth factors that are playing a vital role in the market. These factors encompass the drivers, restraints, and opportunities. This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.
The key market players for the global Automotive Bumpers market are listed below:
Flex-N-Gate
SMG
Magna International
Ford
Faurecia
Plastic Omnium
KIRCHHOFF Automotive
Alcoa
Toyoda Gosei
AGS
Eco Plastic Automotive
Aisin Light Metals
Others
Click here to get a FREE Sample Copy of the Automotive Bumpers Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-28122
The Global Automotive Bumpers Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.
COVID-19 Impact Analysis on Automotive Bumpers Market
The global pandemic COVID-19 has affected the Automotive Bumpers market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Automotive Bumpers industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.
Do You Have Any Query Or Report Customization? Ask Our Market Expert @ https://www.decisiondatabases.com/contact/ask-questions-28122
Why Purchase this Report?
A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.
The report gives a holistic view of the competitive scenario of the Automotive Bumpers market
The latest product launches along with technological changes and development are covered in the report.
The data analysis in the report helps in understanding the anticipated Automotive Bumpers market dynamics from 2021 to 2026.
DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.
The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.
The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.
To better understand the market scenario, the Automotive Bumpers market is segmented as below:
By Types:
Metal
Plastic
By Applications:
Commercial Vehicle
Passenger Vehicle
By Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
The Middle East and Africa (Turkey, GCC, Rest of Middle East)
The content of the study subjects includes a total of 14 chapters:
Chapter 1: To describe Automotive Bumpers product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Automotive Bumpers, with price, sales, revenue, and global market share of Automotive Bumpers in 2018 and 2019. Chapter 3: The Automotive Bumpers competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Automotive Bumpers breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Automotive Bumpers market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Automotive Bumpers sales channel, distributors, customers, research findings and conclusion, appendix, and data source.
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About Us:
DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.
For more details: DecisionDatabases.com E-Mail: [email protected] Phone: +91 90 28 057900 Web: https://www.decisiondatabases.com/
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#Automotive Bumpers Market#Automotive Bumpers Market Report#Automotive Bumpers Market Growth#Automotive Bumpers Market Trends#Automotive Bumpers Market Forecast#Global Automotive Bumpers Industry Report#Automotive Bumpers Market Analysis#Automotive Bumpers Market Factors#Automotive Bumpers Market Demand
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Insight into UK Electric Vehicle Market during 2021-2027
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the UK electric vehicle market was worth USD 2.81 billion in 2020. According to the study, the market is estimated to grow at a CAGR of 12.7%, earning revenue of around USD 6.26 billion by the end of 2027. The growth of the UK electric vehicle market is attributable to increasing consciousness towards non-renewable resources and carbon emissions. The transportation sector is the primary source of air pollutants such as carbon monoxide, ozone, lead, and various nitrogen oxides. In light of this, the UK government intends to ban fuel vehicles within the next decade.
Moreover, the government is also providing financial aid to encourage people to adopt electric vehicles. It is anticipated that this factor will propel the market demand for electric vehicles in the United Kingdom besides boosting the market growth. However, the lack of sufficient charging infrastructure in the United Kingdom and self-sufficiency in oil, which keeps the fuel price comparatively stable, is expected to hinder the growth of the UK electric vehicle market.
Improving Electric Vehicle Battery Life Is Expected to Boost the UK Electric Vehicle Market
Battery power is improving and becoming less expensive as a result of the consistent efforts of EV battery manufacturers and technological advancements. Lower costs of batteries also influence the price of electric vehicles and make them more affordable to the general public. For instance, researchers at the University of Texas have developed a lithium-ion battery that does not contain cobalt in its cathode. Instead, it shifted to a nickel-based alloy with a high nickel content (89%) and manganese and aluminum as the other ingredients. Using this development, researchers hope to develop batteries that last longer and distribute ions evenly, while reducing cost. These factors are powering the growth of the UK electric vehicle market.
Increasing Development of Charging Infrastructure Is Favoring the United Kingdom Electric Vehicle Market Growth
Due to the increased number of electric vehicle drivers on British roads, it is significant that charging points at various locations should be more readily available so that journeys do not become impeded. There are currently more than 42,000 charging points spread across 15,500 locations. In addition to government investments, private entities are also investing in developing charging stations in the UK. For example, Royal Dutch Shell, an oil and gas multinational, has offered to develop up to 15,000 charging points across the UK. These factors are likely to boost the United Kingdom electric vehicle market in the forecast period.
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United Kingdom (UK) Electric Vehicle Market - By Segment
Market segments for electric vehicles in the United Kingdom include passenger cars, two-wheelers, three-wheelers, fleet utility vehicles, electric trucks, electric buses, and other commercial vehicles. The passenger car segment accounts for the largest market share with the growing support of the UK government. The government adopts stringent regulations related to vehicle carbon emission. Additionally, it offers subsidies for the adoption of electric vehicles, increasing demand for passenger vehicles in the United Kingdom. On the other hand, the commercial vehicle segment is also growing at a high rate, with the increasing penetration of public buses, trucks, and vans of electric vehicles.
United Kingdom (UK) Electric Vehicle Market - Regional Insights
Geographically, the United Kingdom (UK) electric vehicle market is segmented into England, Scotland, Wales, and Northern Ireland. England accounts for the largest market share as the number of registered electric vehicles in England is growing at a high rate due to the proliferation of charging points. Furthermore, as a result of this region's great potential, EV manufacturing brands are also launching their products. On the other hand, Scotland is also emerging as a potential market for electric vehicles, with over 26,000 licensed vehicles categorized as Ultra Low Emission Vehicles (ULEV). Intending to achieve a 75% reduction in greenhouse gas emissions by 2030, the Scotland government is putting tremendous efforts into promoting the adoption of electric vehicles among the general public as well as commercial use.
Impact of COVID-19 on the United Kingdom Electric Vehicle Market
The COVID-19-induced pandemic has had a negative impact on the United Kingdom electric vehicle market. The UK government imposed strict lockdown restrictions and social distancing measures to prevent the deadly coronavirus from spreading. The nationwide lockdown ended up hampering the production and distribution of electric vehicles. Furthermore, the lockdown also impacted the purchasing power of customers, which also resulted in the slower demand for electric vehicles in the UK market. The post-COVID-19 period, however, will likely see a rebound in the market due to increased environmental and sustainability awareness.
Competitive Landscape
The leading market players in the United Kingdom electric vehicle market are BMW UK Ltd., Colt Car Company, Nissan Motor Manufacturing, Volkswagen Group UK Ltd, Renault UK Ltd, FORD UK, Mercedes-Benz Cars UK Ltd, Audi UK Ltd., Tesla Inc., Hyundai Motor UK Ltd., and other prominent players.
The United Kingdom electric vehicle market is highly fragmented, with several industry players with established brands. The companies significantly invest in R&D activities to improve the vehicle and battery performance for long-distance rides. They also offer a wide range of products as well as services to cater to various customer needs. Furthermore, competitive strategies like mergers, acquisitions, partnerships, collaborations, etc., are prevalent in the market to help market players gain a competitive edge.
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Saudi Arabia Passenger Car Market to Grow at 6.25% CAGR By 2026 – TechSci Research
Increasing women drivers coupled with rising per capita spending of the consumers is driving the Saudi Arabia passenger car market through 2026.
According to TechSci Research report, “Saudi Arabia Passenger Car Market By Vehicle Type (Hatchback, Sedan, MPV, Pickup & SUV), By Fuel Type (Petrol, Diesel & Others), By Transmission Type (Manual Transmission & Automatic Transmission), Competition Forecast & Opportunities, 2016-2026”, Saudi Arabia passenger car market is estimated to reach USD17.64 billion in 2026 from USD11.33 billion in 2020, and is projected to advance with a CAGR of 6.25% in terms of value. Growth in the passenger car market is driven by expanding road infrastructure and increasing per capita spending of the people in the country. Removal of ban and growing preference for women drivers has uplifted the passenger car market in Saudi Arabia. Changes in the government norms for females driving automotive vehicles after decades has resulted in the growth of women drivers. Moreover, opting for self-driving gives many women a sense of empowerment. Many women are hitting Saudi roads with four-wheelers and several women with foreign licenses have already obtained Saudi driving licenses which in turn is further going to boost the passenger car market in Saudi Arabia.
Browse more than 75 market data Figures and 4 data tables spread through 145 Pages and an in-depth TOC on "Saudi Arabia Passenger Car Market"
https://www.techsciresearch.com/report/saudi-arabia-passenger-car-market/1669.html
Saudi Arabia passenger car market can be segmented based on vehicle type, fuel type, transmission type, and company. In terms of vehicle type, the sedan car segment accounts for the largest share but due to increasing traffic congestion and shortage of parking space by daily commuters, this segment is anticipated to lose the market share. Whereas, the SUV segment is expected to grow at an impressive rate in the forecast period owing to the growing demand for cars with higher engine capacity and off-roading capabilities. Based on transmission type, the market is categorized into automatic transmission and manual transmission. Automatic transmission is more popular in the country owing to stringent traffic rules in Saudi Arabia, coupled up with increase in sales of premium cars owing to the rise in consumer spending. Lifting up of the ban on women driving has resulted in growth of automatic cars sales in the country. In 2020, the market share of automatic passenger cars accounted for over 85% in terms of volume. Due to the above-mentioned factors, demand of automatic transmission is growing compared to the complicated manual transmission.
In the year 2020, to prevent the spread of COVID-19, the government implemented lockdown which impacted international trade as well as domestic sales. According to TechSci Research’s estimates, the market suffered a decline of 13.88% in terms of volume. According to the Saudi Arabia’s General Authority of Statistics, the imports declined by 11.9% in Q1 2020 as compared to Q1 2019 and a further decline of 24.2% was witnessed in Q2 2020 as compared to Q2 2019. This decline left a remarkable depreciation in the market, but the market is currently reviving and is set to overcome the descent in 2021-2022 period owing to the government’s stimulus for economic revival and unlocking international trades and investments. However, after facing a degrowth in the import and export of automotive sector in 2020, the market has started reviving and is getting back to the normal condition, due to reoperations of the manufacturing plants and import. This is further anticipated to increase the sales of passenger cars in Saudi Arabia. People are also interested in purchasing the upgraded version of previously available passenger car models which are coming with technologically advanced features.
Toyota Motor Corporation, Nissan Motor Company, Ltd., Hyundai Motor Company, Kia Corporation, Mazda Saudi Arabia, General Motors Co., Ford Middle East, Isuzu Motors Saudi Arabia Co. Ltd., Volkswagen AG, and Renault Middle East are among some of the leading players operating in the Saudi Arabia passenger car market. Apart from these companies, other passenger car manufacturers are also increasing their marketing activities and enriching product portfolio in the region to increase their customer outreach. Major companies in the Saudi Arabia passenger car market industry are also focusing on developing a robust dealer and distributor network to gain competitive edge.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1669
Customers can also request for 10% free customization on this report.
“In 2020, sedan cars accounted for the largest share, i.e., 56% in Saudi Arabia passenger car market. The vehicle type is expected to maintain its dominance over the next five years as well. However, hatchback cars are observed to grow rapidly owing to an increase in the service sector and daily commutation purposes. Increase in partnerships with local dealers and distributors and expanding per capita income in the country is boosting demand for passenger cars in Saudi Arabia.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Passenger Car Market By Vehicle Type (Hatchback, Sedan, MPV, Pickup & SUV), By Fuel Type (Petrol, Diesel & Others), By Transmission Type (Manual Transmission & Automatic Transmission), Competition Forecast & Opportunities, 2016-2026” has evaluated the future growth potential of Saudi Arabia passenger car market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Saudi Arabia passenger car market.
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Saudi Arabia Commercial Vehicles Market By Vehicle Type (Light Commercial Vehicle, Medium Commercial Vehicle, Heavy Commercial Vehicle and Bus), Competition, Forecast & Opportunities, 2016 – 2026
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Contact
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Tel: +1-646-360-1656
Email: [email protected]
#Saudi Arabia Passenger Car Market#Passenger Car Market#Saudi Arabia Passenger Car Market Size#Saudi Arabia Passenger Car Market Share#Saudi Arabia Passenger Car Market Growth#Saudi Arabia Passenger Car Market Forecast#Saudi Arabia Passenger Car Market Analysis
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Drivers Au URBANO PROGRESSO
Au urbano progresso ケース バラ|5月30日発売の 大人のスマホ au urbano progresso(アルバーノ プログレッソ)のケースを集めました。. 12862円 ケース・カバー スマートフォン・携帯電話用アクセサリー スマートフォン・タブレット au アルバーノ v03 v02 v01 l03 l02 スマホ スマートフォン スワロフスキー デコケース デコカバー 送料無料 かわいい 大人系 上品 プレゼント ギフト 全 urbano l01 ケース カバー キラキラ スワロ デコ 上品.
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Drivers Au Urbano Progresso 2020
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© Marc Urbano - Car and Driver 10Best: Ram 1500
Show us a vehicle that does it all and we'll show you a vehicle that's compromised in everything it does. That's the story of most modern full-size pickup trucks, which play a role that's part family SUV, part commercial vehicle, part luxury car, and part circus strongman. Sure, your truck tows an impressive 10,000 pounds, but chances are it rides like a tractor, especially with a bed full of nothing but air.
The Ram 1500 can't entirely escape these trade-offs, but it balances and minimizes them better than any truck on the market. Thanks in large part to the coil springs (or optional air springs) at each corner, the Ram rolls over broken pavement with exceptional civility. It goes down the road feeling more like a Mercedes-Benz GLS-class than a Ford F-150. It's the truck that can convincingly shrug off its agrarian roots to make the trip to Pottery Barn in comfort.
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The awesome 702-hp Ram 1500 TRX carries its own predictable set of compromises: single-digit real-world fuel economy, a $71,790 starting price, and running boards so high they should come with a sign warning, 'You must be this tall to enter.' Surprisingly, though, on-road manners are not on that list. For a truck that's built for desert running, dune bashing, and hill jumping, the TRX is unexpectedly delightful on paved roads. It uses soft long-travel springs to absorb big off-road hits, but rather than squishing and pitching and rolling around in traffic, the TRX ratchets up the stiffness of its adaptive dampers in pavement-oriented driving modes, giving the truck a sense of control on the road that's absent in its only competitor, the Ford F-150 Raptor.
© Marc Urbano - Car and Driver 10Best: Ram 1500
In domesticating the American workhorse, Ram has built the best pickup for the way most of us use trucks today: as everyday transportation instead of as a special-purpose tool, moving people more often than payload and on suburban streets rather than in farm fields. On upper trim levels, Ram dresses the 1500's cabin with an attention to detail that shames many luxury cars. At 70 mph, it's as quiet as a church during the Super Bowl. For city slickers and cowboy commuters, the clever optional RamBoxes offer weather-tight, lockable storage that keeps cargo out of sight and out of the cab.
Our 10Best honor covers the full 1500 range, from the 305-hp base V-6 to the 702-hp TRX. Between those bookends, there's a diesel V-6 that scores up to 32 mpg in EPA testing and a 395-hp V-8 available with or without the eTorque 48-volt motor-generator. (We recommend going without it based on our 40,000-mile long-term test.) With any engine, the Ram is up for hard labor, but living with this truck is a reminder that the numbers—horsepower, tow ratings, and payload capacities—tell only part of the story. The eight-speed automatic is always ready to drop the engine into the powerband. The uncanny ride quality translates to great body control in curves. Every element feels as if the engineers made it a point to polish the pickup truck's rough edges.
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© Marc Urbano - Car and Driver Ram builds the perfect truck for a world where pickups can be SUVs and luxury vehicles, too.
We're still car people at heart. We like the sure-footed handling of vehicles that are light and relatively low to the ground, and we typically respect the utility of a truck with an emotional detachment. But the Ram is so uniquely good to drive that it transcends the pickup-truck status quo. When we say that the Ram 1500 is the full-size truck that comes closest to driving like a car, we mean that as a high compliment. Why drive a big lumbering brute when you can drive a big nimble brute?
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© Marc Urbano - Car and Driver 10Best: Porsche Macan
You should know that the Porsche Macan shares some of its components with humbler and cheaper models from elsewhere in the Volkswagen Group. You should know this not because it matters but because friends and casual acquaintances are likely to share this information in the belief it makes the Macan less of a Porsche and anyone who buys one less of a judge of cars.
You know better, though. If you're not looking for a low-slung sports car, this is the pick of Porsche's range, even if it is currently the oldest member of the clan. In engineering, as in high-end hash slinging, the finest chefs can turn even humble ingredients into truly sublime creations.
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© Marc Urbano - Car and Driver 10Best: Porsche Macan
While the Macan looks like an SUV, it doesn't drive like one. Smaller and more agile than the Cayenne, it can be hustled like an oversized hot hatch. You sit higher from the ground, but the Macan corners with a deftness and adjustability completely at odds with its shape and stance, resisting understeer about as well as anything with an engine up front thanks both to its huge traction and its willingness to play.
As in previous years, the Macan's 10Best award is restricted to the V-6 models, all of which use turbocharged engines shared with other Porsche and Audi vehicles. The list now includes the newly arrived 375-hp GTS, which occupies the narrow niche between the 348-hp Macan S and 434-hp Macan Turbo. The GTS is our pick of the range due to its combination of sonorous performance, a pliant ride, and steering that gets amazingly close to the feel and precision of Porsche's sports cars. We took the GTS to a racetrack during 10Best testing—the only SUV to make that cut—and were charmed that it's not just competent but every bit as entertaining as the two-door 10Best winners. This rare spread of talents means that one Macan can effectively turn your single-car garage into a multi-horse stable.
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© Marc Urbano - Car and Driver Porsche's small SUV corners with a deftness that's completely at odds with its shape and stance.
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Global Automotive Automatic Transmissions Market - Global Industry Outlook Research Report 2021-2026 Added By DecisionDatabases
DecisionDatabases has published the latest report on Automotive Automatic Transmissions Market by manufacturers, regions, type, and application, forecast to 2026. The report provides in-depth data analysis which will aid with better understanding and decision making.
The key market players for the global Automotive Automatic Transmissions market are listed below:
AISIN (Allison Transmission)
Ford
ZF Friedrichshafen AG
Jatco
GM
Honda
SAIC
Hyundai
Volkswagen
Getrag
Anchor Industries
Borg-Warner
Fast
ATE
B&M
AFE
AC Delco
Dynojet
Others
Click here to get a FREE Sample Copy of the Automotive Automatic Transmissions Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-26928
The Global Automotive Automatic Transmissions Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.
COVID-19 Impact Analysis on Automotive Automatic Transmissions Market
The global pandemic COVID-19 has affected the Automotive Automatic Transmissions market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Automotive Automatic Transmissions industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.
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Why Purchase this Report?
A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.
The report gives a holistic view of the competitive scenario of the Automotive Automatic Transmissions market
The latest product launches along with technological changes and development are covered in the report.
The data analysis in the report helps in understanding the anticipated Automotive Automatic Transmissions market dynamics from 2021 to 2026.
DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.
The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.
The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision.
To better understand the market scenario, the Automotive Automatic Transmissions market is segmented as below:
By Types:
AT
CVT
AMT
DCT
By Applications:
Commercial Vehicles
Passenger Vehicles
By Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
The Middle East and Africa (Turkey, GCC, Rest of Middle East)
The content of the study subjects includes a total of 14 chapters:
Chapter 1: To describe Automotive Automatic Transmissions product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Automotive Automatic Transmissions, with price, sales, revenue, and global market share of Automotive Automatic Transmissions in 2018 and 2019. Chapter 3: The Automotive Automatic Transmissions competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Automotive Automatic Transmissions breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Automotive Automatic Transmissions market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Automotive Automatic Transmissions sales channel, distributors, customers, research findings and conclusion, appendix, and data source.
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#Global Automotive Automatic Transmissions Market#Global Automotive Automatic Transmissions Market Report#Global Automotive Automatic Transmissions Market Size#Global Automotive Automatic Transmissions Market Share
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Stock Market Rally Pauses Near Highs Amid Earnings From Apple, Microsoft, Tesla, Amazon, Google, Facebook
The stock market rally dipped from record highs, amid earnings from Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Facebook (FB), Amazon.com (AMZN), Tesla (TSLA) and hundreds more. The Nasdaq retreated Friday as Amazon (AMZN) sales woes and slumping Pinterest (PINS) users weighed on techs. The Federal Reserve is not ready to begin discussing scaling asset purchases.
X
Stock Market Rally Holds Near Highs
The Dow Jones and S&P 500 declined 0.4% for the week, while the Nasdaq fell 1.1%, after all hit record highs during the week. The small-cap Russell 2000 rose modestly, still below its 50-day line, reflecting improving but still lackluster market breadth. Still, a number of leading stocks flashed buy signals, including some steel and housing plays. Treasury yields extended their weekly losing streak.
Google Earnings Surge
Google-parent Alphabet (GOOGL) reported earnings of $27.26 per share, up 169%, including gains on equity investments. Gross revenue, which excludes traffic acquisition costs, jumped 62% to $61.88 billion. Analysts had estimated Google EPS of $19.24 per share on gross revenue of $56.29 billion. Net revenue came in at $50.95 billion vs. estimates of $46.19 billion. Alphabet repurchased $12.8 billion of its GOOGL stock, versus $11.4 billion in Q1 and $6.8 billion in Q2 2020. Cloud-computing revenue rose 53% to $4.63 billion vs. estimates of $4.5 billion. YouTube advertising revenue popped 84% to $7.01 billion.
Apple Rides iPhone Supercycle
Apple (AAPL) crushed Wall Street’s targets for its fiscal third quarter as iPhone revenue soared 50% to $39.6 billion. Earnings per share doubled as total revenue grew 36% to $81.4 billion. Analysts say the iPhone is enjoying a supercycle of purchases related to the 5G wireless transition. Apple did not give sales and earnings guidance for the September quarter, citing continued uncertainties related to the Covid-19 pandemic. However, executives said they expect supply constraints to impact iPhone and iPad sales in the current quarter. Apple stock fell modestly from record highs.
Market Rally Shows Quiet Strength; Amazon Lessons For 3 Key Stocks
Microsoft Growth Accelerates
Microsoft (MSFT) earnings rose 49% vs. a year earlier, the fourth straight quarter of accelerating growth. Fiscal Q4 revenue climbed 21% to $46.2 billion, with the pace picking up for a third straight quarter. Microsoft cited robust sales of its cloud computing services for its outperformance. Microsoft’s commercial cloud sales increased 36% year over year to $19.5 billion in the June quarter. Its cloud products include Azure infrastructure services and Office 365 productivity software. For the September quarter, Microsoft expects to generate sales of $43.75 billion, up 18% from the same period last year and topping views.
AMD, Qualcomm Jump On Earnings
Advanced Micro Devices (AMD) and Qualcomm (QCOM) jumped after delivering upbeat June-quarter earnings news. Other semiconductor stocks getting a lift from rosy reports included MaxLinear (MXL), Monolithic Power Systems (MPWR) and Power Integrations (POWI). However, wireless-chip makers Skyworks (SWKS) and Cirrus Logic (CRUS) dropped after their reports. Both cited supply constraints that limited their upside. Among semiconductor equipment stocks, KLA (KLAC) got the biggest boost from June-quarter earnings news.
Fed Tiptoes Toward Taper
The Federal Reserve took a baby step toward tapering asset purchases, but stopped short of official taper talk. That managed to burnish the Fed’s inflation-fighting credibility, which looked to be in jeopardy until recently. Yet the hint of hawkishness, rather than troubling Wall Street, is actually helping to keep monetary policy super-accommodative. Since the June 16 meeting, when the Fed first began to demonstrate that it won’t let a persistent rise in inflation go unchecked, the 10-year Treasury yield has fallen from 1.57% to 1.24%. Another key is that investors are no longer bracing for a big inflation overshoot.
Q2 GDP rose at a 6.5% annual rate, missing views, though that was in part due to a big drop in inventories amid supply chain issues. Weekly new jobless claims remain elevated, continuing to hold around 400,000.
China Stocks On Roller-Coaster
China EV stocks and Chinese stocks broadly went on a roller-coaster ride as the country alternated between cracking down on a variety of industries and soothing investors spooked by its fresh crackdown. On Wednesday, Beijing summoned several firms, including Alibaba (BABA), Tencent (TCEHY) and TikTok-owner ByteDance, over data security issues, including the export of key information. Then U.S. securities officials temporarily stopped processing Chinese IPO registrations, reports said. New IPO and ride-hailing giant Didi Global (DIDI) denied a report that it could go private to appease Beijing.
Shopify Beats, But Volume Growth Slows
Shopify (SHOP) Q2 earnings jumped 113% to $2.24 per share on an adjusted basis, including gains on equity investments, defying views for a decline to 97 cents. Revenue jumped 57% to $1.12 billion vs. estimates of $1.04 billion. Gross merchandise volume from merchant customers rose 40% to $42.2 billion, above estimates but slowing from 114% in Q1 and 99% in Q4 2020. The e-commerce software firm added 85,000 net merchants in Q2 vs. 145,000 in the March quarter. The company said merchant solutions revenue climbed 52% to $785 million. SHOP stock fell solidly.
PayPal Falls On EBay Impact
PayPal (PYPL) just missed Q2 revenue estimates as former parent eBay (EBAY) switches to another payment processor. PayPal also guided low on Q3 revenue. EBay, which spun off PayPal in 2015, is shifting its payment processing to Netherlands-based Adyen. PayPal earnings climbed 7%, narrowly beating. PayPal said revenue rose 17% to $6.24 billion. Total payment volume processed from merchant customers jumped 40% to $311 billion vs. estimates of $295.2 billion. PayPal stock fell sharply.
Facebook Falls, Pinterest Crashes On User Growth
Facebook earnings jumped 101% and revenue 56%, both showing yet another quarter of accelerating growth. But the social giant cast some doubt on growth in the second half due to Covid-19 uncertainties. Shares fell on results after hitting a record high earlier in the week. Pinterest soundly beat EPS and revenue targets, but user growth fell way short. Consumer behavior that boosted Pinterest during the pandemic — staying at home, spending time on social media — has started to fade, and some users are bailing from the platform.
Amazon Revenue Misses
Amazon (AMZN) earnings rose 47%, topping forecasts. But revenue grew 27%, missing views. The e-commerce giant guided low on Q3 sales as well, as consumer spending shifts with the pandemic waning. Amazon stock tumbled Friday.
Tesla Beats Views, Delays Semi
Tesla earnings shot up 230%, well above views, as revenue nearly doubled to $11.96 billion, also beating. Revenue from regulatory credits came in at $354 million, down 17% vs. a year earlier and 32% from Q1. CEO Elon Musk warned chip shortages remain “quite serious.” Tesla (TSLA) also said the Semi big-rig truck has been pushed to 2022. And the Cybertruck may not start production until next year. Tesla also signaled that the 4680 battery cells are still a ways off from mass production. Musk tweeted Thursday night that Tesla will hold an AI Day on Aug. 19.
Tesla stock had a muted reaction after earnings, but jumped late in the week, flashing an aggressive entry.
Mastercard, Visa Earnings Top Views
Mastercard (MA) reported 43% EPS growth as revenue rose 36% to $4.53 billion, both beating Q2 views comfortably. Meanwhile, Visa (V) reported Q3 EPS climbed 41% with revenue up 27% to $5.86 billion. Both card-payment companies said incentives are rising. Mastercard and Visa fell slightly for the week.
Ford Delivers Surprise Profit
Ford Motor (F) delivered a surprise profit for the second quarter, as strong vehicle demand offset headwinds from the global chip shortage. Sales jumped 38%. The auto giant also raised earnings and cash flow outlook, citing strong orders and an improving supply of chips in part. The upcoming F-150 Lightning, Ford’s hotly anticipated first electric truck, now has more than 120,000 orders, up around 20% from June. Volkswagen (VWAGY) posted record first-half earnings but lowered its delivery forecast for 2021.
Software Earnings
Atlassian (TEAM) earnings edged lower vs. a year earlier but beat fiscal Q4 views while revenue rose 30% to $560 million. The collaboration software maker guided high on Q1 revenue and forecast higher-than-expected fiscal Q2 subscription revenue amid its transition to a cloud-computing business model.
Twilio (TWLO) lost 11 cents per share in Q2 vs. a 9-cent profit a year earlier as revenue jumped 67% to $669 million. Both beat views. Twilio guided higher on Q3 revenue but projected a wider loss than consensus.
ServiceNow (NOW) reported Q2 EPS rose 15% while revenue rose 32% to $1.41 billion, both modestly beating. For the current quarter, ServiceNow forecast subscription revenue of about $1.4 billion, just above views.
Boeing Earnings Return In Surprise
Boeing (BA) reported Q2 earnings of 40 cents per share up from a year-earlier loss of $4.79 a share and defying views for an 83-cent loss. Revenue jumped 44% to $17 billion, also beating expectations. The Dow Jones giant expects the remaining regulatory approvals for the 737 Max, including those from China, this year. CEO Dave Calhoun said he expects that the 737 Max backlog will continue to build, even with stronger deliveries in the second half of the year.
Defense Earnings Mixed
Lockheed Martin (LMT) slightly missed on earnings, with a big charge related to a classified aeronautics program. CFO Ken Possenriede said the development costs on the classified program will eventually lead to a production deal. The F-35 maker raised its full-year EPS view slightly. General Dynamics (GD) beat EPS views but sales fell short. Northrop Grumman (NOC) reported a 7% EPS gain that easily beat views, while also raising full-year guidance.
Drug Giants Report Earnings
Pfizer (PFE), Bristol Myers Squibb (BMY) and Merck (MRK) reported second-quarter earnings last week. Pfizer easily beat forecasts with EPS surging 73% and sales soaring 92% to $18.98 billion. The company also raised its full-year outlook as it expects $33.5 billion in sales of its Covid vaccine this year. Bristol Myers EPS grew 18% with sales up 16% to $11.7 billion, both topping views. Merck reports a 28% EPS gain, meeting views. Sales rose 22% to $11.4 billion, above estimates.
Medtech Leaders Beat
Medical technology companies Boston Scientific (BSX) and Stryker (SYK) easily topped second-quarter forecasts last week, with their stocks breaking out on results. Boston Scientific’s sales grew 54% to $3.08 billion and adjusted earnings surged 400%. Meanwhile, Stryker reported adjusted profit up 246% as revenue ran 55% higher to $4.29 billion in sales. The company also raised its full-year outlook. Edwards Lifesciences (EW) slightly topped quarterly views, with per-share profit jumping 88% as revenue rose 49% to $1.38 billion. Dexcom (DXCM) reported a 4% EPS decline as revenue grew 32% to $595.1 million. All four stocks rose for the week.
Medical Giants Clear Views
Thermo Fisher Scientific (TMO) topped second-quarter forecasts on Wednesday with adjusted profit growing 44% to $5.60 per share and $9.27 billion in sales, up 34%. Thermo Fisher also raised guidance. AbbVie (ABBV) narrowly beat Q2 views. Both traded around buy points.
Oil Majors Beat
Exxon Mobil (XOM) and Chevron (CVX) reported better-than-expected Q2 earnings as crude oil prices surged more than 20% during the second quarter. Chevron also will resume buybacks after suspending them in March 2020 when the pandemic sent oil prices crashing. Royal Dutch Shell (RDSA) beat estimates Thursday while also raising its dividend for the second consecutive quarter and approving a $2 billion buyback program. Independent producer Matador Resources (MTDR) also topped expectations. Exxon and Chevron fell Friday but rose slightly for the week.
Metal, Mining Earnings Strong
ArcelorMittal (MT) reported EPS of $3.46 a share, well above views. MT stock rose 8.9% so far this week to a record high. U.S. Steel (X) beat views as revenue more than doubled. Several other steel stocks broke out or flashed early entries. Rio Tinto (RIO) reported first-half profit leapt 156% with revenue up 71%. Copper-focused Teck Resources (TECK) reported a 271% EPS gain as sales soared 49%. Vale reported Q2 EPS surged 684%. Rio and Teck jumped back above their 50-day line, while Vale traded around record highs.
Toymakers Beat Estimates
Shares of Hasbro (HAS) and Mattel (MAT) shot higher after the toymakers reported results that beat expectations. Demand for “Magic: The Gathering” offerings helped Hasbro, as did a pickup in its entertainment and TV businesses amid loosening coronavirus restrictions. Mattel got a lift from growth in Barbie and Hot Wheels. Hasbro said it was on track to grow sales by double digits this year, while Mattel boosted its constant currency sales growth target. Spending on toys and games has increased to cure pandemic-induced boredom. But the companies face supply-chain constraints. Jakks Pacific (JAKK), another toymaker, also rose after reporting results that beat expectations.
Jet Engine Giants Beat
General Electric (GE) and Raytheon (RTX) beat Q2 views for the second quarter as the aviation market slowly recovers from the pandemic. GE swung to EPS of 5 cents as sales grew 9%. Raytheon more than doubled EPS as sales increased 11%. The companies also generated strong free cash flow and guided higher for the full year. While the market for jet engines is recovering, Raytheon CEO Greg Hayes doesn’t expect a return to pre-pandemic levels until 2024, mainly due to depressed international travel.
Restaurant Rebound Continues
McDonald’s (MCD) and Cheesecake Factory (CAKE) reported results that beat expectations, as the restaurant chains rebound from last year’s pandemic-era lows. Starbucks (SBUX) beat on profit and revenue, with same-store sales roughly in line with expectations. Wingstop (WING) results also beat. Restaurant Brands (QSR), parent of Tim Hortons, Popeyes and Burger King, reported EPS far above estimates.
News In Brief
Robinhood (HOOD) fell 8% in Thursday’s debut after the no-fee trading app sold 55 million shares at 38 a share, at the low end of its expected range, raising $2.1 billion.
Tilray (TLRY), a Canadian cannabis producer, jumped after reporting fiscal fourth-quarter sales that just missed estimates but better-than-expected earnings.
Backup power equipment maker Generac (GNRC) posted better-than-expected Q2 results. EPS leapt 71% to $2.39 a share, while sales climbed 68% to $900 million. Shares plunged Thursday morning, but slashed losses. Shares still fell solidly for the week after hitting record highs.
Upwork (UPWK), an online employment platform for freelancers, swung to a profit of 3 cents a share, beating views for a breakeven quarter, from a loss of 3 cents a share a year ago, as revenue grew 42% to $124.2 million, topping estimates for $120.2 million. Management also gave strong guidance.
Align Technology (ALGN) reported blowout profits while revenue leapt 117% to $1.02 billion. Shares spiked on earnings.
Caterpillar (CAT) earnings shot up 152% amid strong housing and commodity demand. Revenue for the heavy equipment giant climbed 29% to $12.9 billion. Both beat views.
Garmin (GRMN) surged after EPS leapt 85% as revenue ran up 53% to $1.33 billion. The maker of outdoor recreation, fitness and navigation devices also guided higher.
Spotify Technology (SPOT) added 7 million for new subscribers in the second quarter, matching views, but total monthly active users came up short. The streaming music leader ended Q2 with 165 million premium subscribers and reported 365 million total monthly active users.
Logitech (LOGI), a maker of PC and mobile device peripherals, trounced analyst estimates for its fiscal first quarter ended June 30. But Logitech stock fell sharply as investors fretted over its soft sales guidance for the year.
Cadence Design Systems (CDNS) reported a 30% EPS gain as sales grew 14% to $728 million, above Wall Street targets. The electronic design software maker also guided higher.
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Global Vehicle Anti-Theft Market Scenario 2021 | Global Trends, Industry Updates, Dynamics, Growth Opportunities, Key Players, Demand and Business Boosting Strategies till 2022
Anti-theft systems are becoming a common feature in modern vehicles. This is also due to the enforce of new automotive safety guideline, which make ant-theft systems mandatory. This has let to a booming market for vehicle anti-theft. According to a report published by Market Research Future (MRFR), the global vehicle anti-theft market is set to exhibit a stellar growth during the forecast period (2017-2022).
Advances in automotive technology has led to development of critical automotive features. Anti-theft system is one of crucial development. These systems have witnessed a rapid uptake in passenger cars. Recognizing the opportunities, more players are entering the domain. Meanwhile many companies are emphasising on product innovation in order to gain a competitive edge. Vehicle anti-theft systems comprise biometric and software applications. Advances in technology has made these systems highly effective and reliable.
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Anti-theft systems are integrated with features such as vehicle tracking, ultrasonic sensors, digital signal processing, etc. Demand for anti-theft systems with Global System for Mobile Communication (GSM) and Global Positioning System (GPS) is on the rise. This is mainly owing to the exceptional tracking capabilities of these systems. Latest variants come with capabilities such as ARM 7 microcontroller, hybrid GPS-GSM, and RFID sensor capability. Such factors are driving the adoption of vehicle anti-theft systems.
Manufacturers are focusing on adding innovative feature to these systems in order to expand their application based. As a result, technologies such as RTLS, GPS, and biometric is gaining traction in the automotive sector. Global vehicle anti-theft market is also benefiting the from the rising demand for passenger and commercial vehicles is emerging economies.
Global Vehicle Anti-Theft Market: Segmental Analysis
The segmental analysis of the market has been conducted based on product, technology, vehicle type, and region.
On the basis of product, the market has been segmented into central locking, steering lock, comprises immobilizer and alarm. On the basis of technology, the market has been segmented into GSM, Face Detection System, Automotive Biometric Technology, RTLS and comprises GPS. On the basis of vehicle type, the market has been segmented into commercial vehicle and passenger car.
Global Vehicle Anti-Theft Market: Regional Analysis
On the basis of region, key segments include APAC, Europe, North America and rest of the world (RoW). Of these, the market is expected to witness a relatively higher growth in APAC. China’s growing dominance in the automotive manufacturing is auguring well for market players operating in the APAC. OMEs is the region have recorded a higher demand for vehicle anti-theft systems in recent years, which is fuelled by the increased automotive manufacturing the region. Vehicle manufacturers are shifting their manufacturing facilities to APAC countries owing to cost-benefits, favourable regulations and widespread availability of raw materials. The exponential growth of the automotive manufacturing sector in APAC is supporting the market growth in the region. Companies such as Ford, GM, and Volkswagen are ramping up investment in countries such as India, Vietnam and China. During the forecast period, the countries aforementioned mention, especially China is expected to make a significant contribution to the market in APAC in terms of revenue. Apart from APAC, the market is likely to post a sound growth in North America over the next couple of years. Increased efforts to boost domestic manufacturing in the US in expected to influence the market North America over 2022.
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Global Vehicle Anti-Theft Market: Competition Analysis
Continental AG, Tokai Rika, Ltd., Johnson Electric, ZF-TRW, VOXX International Corp, Robert Bosch GmbH, Lear Corporation, Mitsubishi Electric Corporation, and Delphi Automotive LLP are among the key companies mentioned in MRFR’s report.
Key Questions Addressed by the Report
What was the historic market size (2020)?
Which segmentation (Product/ Capacity) is driving market?
What will be the growth rate by 2023?
How are the key players in this market?
What are the strategies adopted by key players?
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
3.1.1 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
LIST OF TABLES
TABLE 1 GLOBAL CAR RENTAL MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA CAR RENTAL MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE CAR RENTAL MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA-PACIFIC CAR RENTAL MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW CAR RENTAL MARKET: BY COUNTRY, 2018-2023
TABLE 6 GLOBAL CAR RENTAL MARKET, BY TYPE, BY REGIONS, 2018-2023
TABLE 7 NORTH AMERICA CAR RENTAL MARKET, BY TYPE, BY COUNTRY, 2018-2023
TABLE 8 EUROPE CAR RENTAL MARKET, BY TYPE, BY COUNTRY, 2018-2023
TABLE 9 ASIA-PACIFIC CAR RENTAL MARKET BY TYPE, BY COUNTRY, 2018-2023
TABLE 10 ROW CAR RENTAL MARKET BY TYPE, BY COUNTRY, 2018-2023
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com
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Adroit Market Research has released a new report on the Global Online Grocery Market. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. The report gives the detailed statistics about the market industries and their framework. The data which has been studied for preparing the report considers the existing key players as well as upcoming key players of the market.
The report discusses in detail the various important aspects of the Online Grocery market. The report has an intelligent insight on critical aspects that are essential to good growth in the Online Grocery market. Some of these aspects include market size, growth, revenue, sales, demand, risks, threats, opportunities, economic forecast and history, and much more. The report is based on factual data assessed by our research analysts to give our clients a complete overview of the Online Grocery market landscape and prepare a business canvas accordingly.
Some of the Important and Key Players of the Global Online Grocery Market:
Aldi, Amazon, Ford, Instacart, Kroger, Ocado, Postmates, Target, Walmart, Whole Foods.
Get PDF Sample Report of Online Grocery (COVID-19 Version) Market 2020, Click Here @ https://www.adroitmarketresearch.com/contacts/request-sample/910?utm_source=Pallavi
Global Online Grocery Market 2020: Covering both the industrial and the commercial aspects of the Global Online Grocery Market, the report encircles several crucial chapters that give the report an extra edge. The Global Online Grocery Market report deep dives into several parts of the report that plays a crucial role in getting the holistic view of the report. The list of such crucial aspects of the report includes company profile, industry analysis, competitive dashboard, comparative analysis of the key players, regional analysis with further analysis country wise.
Competition Spectrum:
The report is designed to invest in strategic planning and investment discretion, high revenue maximization as well as balance various market specific developments such as inventory management, designing consumption and production developments as well as motivate accurate advertising and promotional content to sustain market sustenance and defend leading stance amidst staggering competition in global Online Grocery market.
Browse the complete report Along with TOC @ https://www.adroitmarketresearch.com/industry-reports/online-grocery-market?utm_source=Pallavi
Online Grocery Market Segmentation
Type Analysis of Online Grocery Market:
BY CATEGORY(Meat & Poultry Products,Fresh Produce,Beverages & Dairy Products,Bakery, Breakfast & Cereal), BY TYPE OF SHOPPER(Generation Z,Millenials,Generation X,Baby Boomers,Silent Generation)
Highlights of the report:
1. Impacts & effects of Covid-19 pandemic on the market. 2. The market drivers, opportunities and restraints. 3. Porters 5 forces analysis. 4. Future forecast analysis of the market. 5. Key players or companies and their in-depth information. 6. Primary & secondary research along with tables & graphs. 7. Latest developments & strategies of the market. 8. Market introduction, market revenue, market position globally, table of contents, conclusion and key facts of the market.
The report has been thoroughly constructed to include significant milestone developments in the competition spectrum, highlighting high end market players, complete with a thorough guide of their core competencies and investment mettle amidst bolstering competition. Research elements presented in this high end report has been prepared to ensure seamless decision making on the back of thorough and unbiased research practices.
Table of Contents Includes Major Pointes as follows:
1. Online Grocery Market Overview 2. Global Online Grocery Market Competition by Manufacturers 3. Global Online Grocery Capacity, Production, Revenue (Value) by Region (2014-2019) 4. Global Online Grocery Supply (Production), Consumption, Export, Import by Region (2014-2019) 5. Global Online Grocery Production, Revenue (Value), Price Trend by Type 6. Global Online Grocery Market Analysis by Application 7. Global Online Grocery Manufacturers Profiles/Analysis 8. Online Grocery Manufacturing Cost Analysis 9. Industrial Chain, Sourcing Strategy and Downstream Buyers 10. Marketing Strategy Analysis, Distributors/Traders 11. Market Effect Factors Analysis 12. Global Online Grocery Market Forecast (2019-2026) 13. Research Findings and Conclusion 14. Appendix
If you have any questions on this report, please reach out to us @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/910?utm_source=Pallavi
About Us :
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.Contact Us :
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AUTOMOTIVE INFOTAINMENT MARKET ANALYSIS (2020-2027)
Market Overview
Auto infotainment or in-vehicle infotainment is a combination of software and hardware in automobiles that provide audio or video entertainment to occupants. Originally, the in-car infotainment system was only comprised of car audio system with radio, cassettes, or CD players. However, modern automotive infotainment system has evolved inclusion of advanced features such as navigation, video players, USB and Bluetooth connectivity, and Wi-Fi. Modern infotainment system has been used for rear-seat entertainment such as social networking, SMS text messaging, making and receiving phone calls, and accessing internet-enabled devices and applications such as traffic conditions, sports scores, and weather forecasts. Moreover, these applications and features were controlled by simple dashboard knobs and buttons, though modern infotainment system is controlled by steering wheel audio controls and hands-free voice control.
The global automotive infotainment market is estimated to account for US$ 24.06 Bn in terms of value by the end of 2019
Market Dynamics- Driver
Growing integration of technology and systems into cars for enhancing safety is expected to drive growth of the global auto infotainment market during the forecast period
Increasing concerns regarding safety and high density traffic have led cars to adopt various smart technologies including automatic parking assistance, GPS technology, anti-collision sensors, etc. Moreover, this integration of technology is increasing, in order to offer ease in driving for vehicle owners. Many automobile manufacturing companies are focused on research activities, in order to develop novel infotainment solutions for cars. For instance, in 2015, Maruti Suzuki announced a plan to include infotainment systems in all available new features for the driver’s convenience and vehicle safety in their new range of products and also announced a plan to upgrade the infotainment systems in their existing brands. Therefore these factors are expected to drive the market growth over the forecast period.
Growing preference for in-car entertainment and driving comfort are expected to propel the global auto infotainment market growth over the forecast period
Consumers are increasingly preferring to in-car infotainment and ease in driving while traveling regardless of the distance. In order to achieve such comfort, consumers are adopting various interior car accessories such as music accessories, radio systems, LCD screens, Bluetooth connectivity, and more. These car accessories help to improve overall driving experience for vehicle owners, which in turn, is driving the market growth. According to a white paper published by Impetus Automotive, electronic car accessories such as LCDs, music accessories, etc. accounted for 21.5% market share of the global car accessories market in 2014.
North America region dominated the global automotive infotainment market in 2019, accounting for 26.4% share in terms of value, followed by Asia Pacific and Europe, respectively
Source: Coherent Market Insights
Market Dynamics- Restraints
Significant slump in car sales is expected to restrain growth of the global auto infotainment market during the forecast period
Economic meltdown, rise in fuel prices, increase in rental cab services, and traffic congestion is expected to have negatively impacted the sales of different types of vehicles. This fall has been observed worldwide, which is affecting demand for infotainment system. According to Coherent Market Insights’ analysis, the U.S. auto sales fell in August 2016 with companies such as GM CO. indicated that their sales figures fell by 5.2%. Furthermore, Ford Motor Co. witnessed a decline of 8.2% as compared to 2015. According to the same source, in May 2016, premium segment cars such as Honda and Skoda witness drop in sales figures by 26% and 32% in India. Therefore, such factors are expected to restrain growth of the market in the near future.
Threat of hacking via infotainment systems is expected to hinder the global auto infotainment system market over the forecast period
Infotainment systems installed in vehicles are developed and connected by software and wireless communication. Such systems are prone to hacking and theft of information, since they heavily rely on internet for connectivity. Access to the internet makes these systems gullible to breach of hacking threat for vehicles as well as auxiliary devices such as laptops and mobile phones connected with vehicle. Such factors are expected to hamper the market growth over the forecast period. For instance, in 2015, after the hacking of a Jeep Cherokee via its infotainment system through internet connectivity, Fiat Chrysler voluntarily recalled 1.4 million cars to rectify the entertainment system fitted in those cars. Moreover, in April 2016, researchers at the German car club ADAC found that 24 models of cars in Europe were easy to hack and unlock using an amplification device.
Market Opportunity
Display and chipset manufacturers are expected to pose lucrative growth opportunity
Infotainment systems operate on certain operating systems such as Android, Windows, Linux, QNX, and more. Investing in research and development activities, in order to innovate novel solutions and features in infotainment system is expected to pose growth opportunities for market players in the near future. Moreover, premium segment cars are offered with touch-screen facility. Key players in the market can offer high-quality screens with sensitive touch, in order to capitalize the opportunities.
Demand for custom-made infotainment system is expected to offer excellent business opportunities for market players
Premium segment cars or luxury cars such as Bentley, Mercedes-Benz, Audi, Ferrari, Lamborghini, Rolls Royce, Cadillac, and more are equipped with personalized infotainment system. These car makers offer luxury to its consumers to get customized dashboard and control panel for infotainment systems with specialty material or wood being used. Moreover, some consumers demand for special features such as automatic head-up display, voice control recognition, and similar other facilities, which in turn, is expected to pose significant business opportunities for market players over the forecast period.
Source: Coherent Market Insights
Market Trends
North America Trends
Key manufacturer are offer innovative products, in order to cater to growing consumer demand
In North American countries, especially in the U.S., commercial car manufacturers are offering company installed infotainment systems with distinguishing features. For instance, manufacturers such as Ford Motors contributed to the in-car smartphone app interface. Moreover, Ford engineers are working on a system, which will contain code and documentation required to implement the AppleLink software into the vehicle audio system head unit to enable two-way communication with Google Android and Apple iOS devices. In 2015, GM Corp. worked on similar technology and adopted two new technologies Android Auto and CarPlay, in order to augment the in-vehicle infotainment system into multi-dimensions and make it more user-friendly.
Latin America Trends
Growing popularity of multimedia car accessories is expected continue during the forecast period
Multimedia systems have gained significant popularity among young car owners. The major consumers of car in Brazil are aged between 20 and 30 years. Sound equipment such as speakers and stereos have gained significant traction in the region. According to Coherent Market Insights’ analysis, in 2015, the sound equipment and accessories market was valued at US$ 0.6 billion. According to the same source, some other car accessories are trending among young car owners such as GPS and car security products.
Entertainment system is expected to be the largest segment in global automotive infotainment market in 2019 and is expected to grow at a CAGR of 5.6% between 2019 and 2027
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Competitive Section
Key players operating in the global auto infotainment system market are Continental AG, Garmin Ltd., DENSO Corporation, Delphi Automotive LLP, Fujitsu Ten Limited, HARMAN International, and Clarion.
Key Developments
Key companies in the market are focused on product launch, in order to gain competitive edge in the market. For instance, in January 2019, Garmin International, Inc., a subsidiary of Garmin Ltd., launched updates to its navigation software, enhancements to infotainment platforms, and a demo of augmented reality technology at Electronics Show at Las Vegas, U.S.
Major market players are involved in collaborations and partnerships, in order to enhance their market presence. For instance, in January 2020, DENSO Corporation collaborated with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Inc. to develop next-generation cockpit systems.
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APAC AUTOMOTIVE TELEMATICS MARKET ANALYSIS (2020-2027)
Market Overview
Telematics in automotive is an interdisciplinary field that includes vehicular technologies namely road safety, road transport, sensors, multimedia, and telecommunications. In layman’s terms, telematics is a piece of technology of sending, receiving, and storing information using telecommunication devices. Telematics has many applications in automotive including mobile data, auto insurance, vehicle tracking, container tracking, fleet management, intelligent vehicle technologies, an emergency warning system for the vehicle, car sharing, satellite navigation, etc. Systems such as automatic driving systems, driving assistance systems, vehicular emergency warning systems, APAC positioning system (GPS) navigation, and wireless safety communication have been created by an automotive telematics system.
The APAC automotive telematics market was valued for US$ 13,644.7 Mn in 2019 is expected to exhibit a CAGR of 14.8% % during the forecast period.
Market Dynamics- Drivers
Increasing investments in road and telecom infrastructure by governments is expected to drive growth of the APAC automotive telematics market during the forecast period
Many countries around the world have realized the importance of robust road and telecom infrastructure since both of these parameters are directly connected to the economy of the country. For instance, the government of India has allocated US$ 80.4 million to build infrastructure as per National Rural Internet and Technology Mission. Moreover, in China, from 2013–2017, the total expenditure for LTE wireless infrastructure is expected to amount to US$ 26.9 Bn. Thus, these factors are expected to drive the APAC automotive telematics market growth during the forecast period.
Growing acceptance of novel technology is expected to propel the APAC automotive telematics market growth over the forecast period
Common populace in Asia Pacific is embracing advanced technology and gadgets such as wearable, smartphones, laptops, tablets, telecommunications and other devices. This is an emerging trend in the region and is expected to continue during the forecast period. According to Coherent Market Insights (CMI)s’ analysis, the number of smartphones in the Asia Pacific region is forecasted to rise to nearly 700 million units in 2017 from almost 390 Mn units in 2013. According to the same source, the number of tablets and other portable computers is also expected to increase to over 56 million units in 2017 from almost 30 Mn units in 2013. Thus, rising acceptance of advanced technology is expected to boost the APAC automotive telematics market growth over in the near future.
The market in China dominated the APAC automotive telematics market 45.3 % in 2019 followed by Japan, South Korea, India, ASEAN and Oceania respectively.
Source: Coherent Market Insights
Market Dynamics- Restraints
Availability of substitute products is expected to hamper the APAC automotive telematics market growth during the forecast period
Rising popularity of GPS-enabled smartphones is expected to restrict growth of the market in the near future. Smartphones provide an alternative telematics device since many functionalities of telematics can be activated on smartphone by installing relevant software applications. Thus, availability of product substitutes is expected to hamper the APAC automotive telematics market growth during the forecast period.
High cost associated with telematics is expected to restrain the APAC automotive telematics market growth over the forecast period
Telematics hardware is significantly expensive and thus reduces its penetration in the commercial vehicle segment, especially small and medium vehicle. Moreover, large transport companies already have in-place fleet management systems and could be unwilling to invest further in telematics solutions, especially in regions facing adverse economic climate.
Market Opportunities
High growth in transpiration and logistics market can present lucrative growth opportunities
The transpiration and logistics market in Asia Pacific has witnessed significant growth in the recent past. This is owing to many countries in the region such as Indonesia, Australia, India, Malaysia, and China significantly investing in transportation and logistics facilities to improve existing infrastructure. According to Coherent Market Insights’ analysis, the Asia Pacific transportation and logistics market is expected to register a CAGR of 7.6% to reach US$ 4.09 Tn in 2016, resulting in increased sales of fleet management systems.
Increasing demand for vehicles in the region can pose significant business opportunities
According to Coherent Market Insights’ analysis, the APAC automobile industry’s yearly growth rate is expected to exceed 5.5% from 2010 to 2015, reaching a value of more than US$ 5.1 Tn by FY 2015. Moreover, the industry also involves significant research and development activity, representing an investment of nearly US$ 85 Bn (FY 2013).
Source: Coherent Market Insights
Market Trends
Rising emphasis on remote vehicle diagnostics
The importance of remote vehicle diagnostics is growing rapidly across the globe. It identifies mechanical or electrical problems in the vehicle, which is then automatically transmitted to the manufacturer service organization. According to CMI’s analysis, Asia Pacific automotive telematics diagnostic end-use market value is expected to grow from 1,708 Mn to 3,147 Mn during forecast period, with a CAGR of 10.7%.
Integration of advanced software platform
Software platform enables users to control mobile apps with voice controls. For instance, in 2015, Ford Motor Company launched Ford Applink platform in Taiwan, New Zealand, and Thailand. This application platform allows users to control mobile applications with voice controls. Furthermore, a rear-view mirror telematics unit is equipped with an LTE communication module, which is the first application in the Japanese car electronics market that uses cloud services.
Segment information:
In APAC automotive telematics market, by vehicle type segment, passenger sub-segment dominated the APAC market in 2019, accounting for 86.2% share in terms of value.
Source: Coherent Market Insights
Value Chain Analysis
Competitive Section
Key players operating in the APAC automotive telematics market are Denso Corporation, Panasonic Corporation, Clarion, Masternaut Limited, Continental AG, Qualcomm Technologies, Inc. LG Electronics, Harman International Industries, Inc., Trimble Inc., and I.D. Systems.
Key Developments
Key companies in the market are focused on partnerships and collaborations, in order to enhance the market presence. For instance, in September 2019, Denso Corporation, a Japan-based provider of mobility equipment, partnered with BlackBerry to launch an integrated human machine interface (HMI) digital cockpit system named Harmony Core TM.
Major companies in the market are involved in collaborations and partnerships, in order to gain competitive edge in the market. For instance, in January 2019, Panasonic Automotive Systems of America, a subsidiary of Panasonic Corporation, partnered with Cubic Telecom to deliver connected motorcycle technology.
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