#Global Electric Scooter and Motorcycle Market

[futuretonext]

The Global Electric Scooter and Motorcycle Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the alarming carbon emission levels, especially from vehicles, and the growing awareness among people about the need to curb these levels by procuring environment-friendly mobility solutions, i.e., surging the sales of electric scooters & motorcycles worldwide. 

[jamessmith9646]

The research report offers a thorough overview of the global market for Electric Scooters And Motorcycles Market and insightful analysis on segmentation, dynamics, competition, and regional growth. The report's predictions are supported by recognized research methodologies and presumptions and look at specific strategies, then vendor profiles for the Global Electric Scooters And Motorcycles Market.

[news365timesindia]

[ad_1] TVS Motor Company recorded monthly sales of 489,015 units in October 2024 with a growth of 13% as against 434,714 units in the month of October 2023.Two-WheelerTotal two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler registered growth of 13% with sales increasing from 344,957 units in October 2023 to 390,489 units in October 2024.Motorcycle registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024.Electric VehicleEV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024.International BusinessThe Companys total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. Two-wheeler exports registered a growth of 16% with sales increasing from 75,653 units in October 2023 to 87,670 units in October 2024.Three-WheelerThree-wheeler registered sales of 10,856 units in October 2024 as against 14,104 units in October 2023.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com. [ad_2] Source link

[news365times]

[ad_1] TVS Motor Company recorded monthly sales of 489,015 units in October 2024 with a growth of 13% as against 434,714 units in the month of October 2023.Two-WheelerTotal two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024. Domestic two-wheeler registered growth of 13% with sales increasing from 344,957 units in October 2023 to 390,489 units in October 2024.Motorcycle registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024. Scooter registered a growth of 17% with sales increasing from 165,135 units in October 2023 to 193,439 units in October 2024.Electric VehicleEV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024.International BusinessThe Companys total exports registered a growth of 9% with sales increasing from 87,952 units in October 2023 to 95,708 units in October 2024. Two-wheeler exports registered a growth of 16% with sales increasing from 75,653 units in October 2023 to 87,670 units in October 2024.Three-WheelerThree-wheeler registered sales of 10,856 units in October 2024 as against 14,104 units in October 2023.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com. [ad_2] Source link

[savibangar]

Comprehensive Overview of the Electric Scooter Market by Meticulous Research®

Meticulous Research®, a prominent global market research firm, has published a detailed report titled “Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick Scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography - Global Forecast to 2031.” This report outlines significant trends and forecasts for the electric scooter market, projecting it to reach a value of $408.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 21.6% from 2024 to 2031.

>> Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5191?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=04-10-2024

The surge in the electric scooter market is primarily driven by factors such as increased localization of manufacturing in emerging economies, heightened consumer acceptance of electric two-wheelers over traditional internal combustion engine (ICE) models, and a growing preference for electric vehicles in developed regions. However, the market faces challenges, including consumer reliability concerns stemming from accidents involving electric scooters and a lack of investment from legacy manufacturers in electric mobility solutions.

Government initiatives aimed at reducing traffic congestion and environmental pollution are expected to create additional growth opportunities. Conversely, the insufficient charging infrastructure presents a significant hurdle to market expansion.

>> Browse in Depth: https://www.meticulousresearch.com/product/electric-scooter-market-5191?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=04-10-2024

Market Segmentation and Analysis

The report segments the electric scooter market into various categories for a nuanced analysis:

Vehicle Type: The market includes electric motorcycles, electric mopeds, and e-kick scooters & bikes. The e-kick scooters & bikes segment is projected to dominate in both value and volume in 2024, driven by increased awareness of sustainability, supportive government policies, and investments from key stakeholders.

Power Output: The market is classified into segments based on power output: less than 3.6 kW, 3.6 kW to 7.2 kW, and 20 kW to 100 kW. The segment for less than 3.6 kW is expected to hold the largest market share, attributed to the rising adoption of e-kick scooters for urban commuting and recreational activities, along with government initiatives promoting their use.

Battery Technology: This segment includes sealed lead-acid, lithium-ion, and lithium-ion polymer batteries. The lithium-ion battery segment is anticipated to capture the largest share in 2024, fueled by the growing popularity of electric and hybrid vehicles and the adoption of battery technology in renewable energy applications.

Motor Type: The market is divided into hub motors and mid-drive motors. Hub motors, which offer flexibility and stability, are expected to dominate the market due to government initiatives supporting electric vehicle adoption.

Charging Type: The charging segment includes connector charging and wireless charging, with connector charging anticipated to lead the market. This is driven by the development of standardized connectors ensuring compatibility and the demand for faster charging solutions.

End User: The end-user market comprises government institutions, academic institutions, businesses, micro-mobility service providers, and individuals. Business organizations are expected to account for the largest share, reflecting governmental efforts to encourage electric vehicle adoption.

Geography: The market is segmented into regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is projected to command the largest market share in 2024, attributed to rising incomes, increasing fuel prices, and governmental initiatives promoting electric mobility.

Key Market Players

Prominent players in the electric scooter market include Fuji-Ta Bicycle Co., Ltd., Yamaha Motor Co., Ltd., Niu Technologies, and Hero MotoCorp Ltd., among others. These companies are pivotal in shaping the industry landscape through innovations and strategic investments aimed at meeting growing consumer demand for electric scooters.

>> Request for Customization Report: https://www.meticulousresearch.com/request-customization/cp_id=5191?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=04-10-2024

[dh5ryxhgbctgr]

Global Motorcycle Tyres Market Research and Future Opportunities Overview 2024 - 2031

The global motorcycle tyres market is an essential segment of the automotive industry, experiencing dynamic growth driven by increasing motorcycle sales, urbanization, and changing consumer preferences. This article provides a comprehensive overview of the current state of the market, key drivers, challenges, and future prospects.

Introduction to the Motorcycle Tyres Market

The global motorcycle tyres market is poised for growth, driven by increasing motorcycle sales, urbanization, and technological advancements. While challenges such as raw material price volatility and regulatory compliance exist.

Motorcycle tyres are critical components that significantly impact a motorcycle's performance, safety, and fuel efficiency. The market encompasses various types of tyres designed for different riding conditions, including road, off-road, and racing applications.

Market Overview

Current Market Size

As of 2023, the global motorcycle tyres market is valued at approximately $X billion, with a projected CAGR of Y% from 2023 to 2030. The market is characterized by a diverse range of products catering to various motorcycle segments, from scooters to high-performance sports bikes.

Key Regions

The motorcycle tyres market is segmented geographically into:

North America: Strong demand for motorcycles, particularly in the United States, drives the market. The increasing popularity of recreational riding contributes to tyre sales.

Europe: The European market is witnessing growth due to a rising trend in motorcycle commuting and tourism.

Asia-Pacific: This region dominates the market, fueled by high motorcycle ownership rates in countries like India and China, along with rapid urbanization.

Key Drivers of Growth

Increasing Motorcycle Sales

The global demand for motorcycles is on the rise, driven by factors such as affordability, fuel efficiency, and convenience. This trend directly influences the demand for motorcycle tyres, as each sale generates a need for new and replacement tyres.

Urbanization and Traffic Congestion

As urban areas grow, motorcycle usage is becoming a popular solution to combat traffic congestion. This trend is particularly prevalent in developing countries, where motorcycles serve as an affordable mode of transportation, thereby boosting tyre demand.

Advancements in Tyre Technology

Innovation in tyre technology, including improvements in tread design and materials, enhances performance, safety, and durability. Manufacturers are increasingly focusing on developing specialised tyres for different riding conditions, catering to diverse consumer needs.

Challenges in the Market

Volatility in Raw Material Prices

The motorcycle tyres market is susceptible to fluctuations in the prices of raw materials, such as rubber and synthetic compounds. Price volatility can affect production costs and ultimately impact the retail prices of tyres.

Regulatory Challenges

Strict environmental regulations and safety standards in various regions pose challenges for tyre manufacturers. Compliance with these regulations can lead to increased operational costs and may require significant investments in research and development.

Competition and Market Saturation

The motorcycle tyres market is highly competitive, with numerous players vying for market share. This competition can lead to price wars and reduced profit margins, especially in mature markets.

Future Outlook

Emerging Trends

Electric Motorcycles: The rise of electric motorcycles is expected to create a new segment within the tyres market, requiring innovative tyre designs that accommodate the unique characteristics of electric vehicles.

Smart Tyres: The integration of IoT technology in tyres is gaining traction, with smart tyres providing real-time data on performance and safety, enhancing the riding experience.

Strategic Initiatives

To stay competitive, manufacturers are likely to invest in R&D, focusing on sustainable materials and advanced manufacturing techniques. Collaborations with motorcycle manufacturers to develop tailor-made tyres for specific models may also become a common strategy.

Conclusion

The global motorcycle tyres market is poised for growth, driven by increasing motorcycle sales, urbanization, and technological advancements. While challenges such as raw material price volatility and regulatory compliance exist, the market presents significant opportunities for innovation and expansion. As the industry evolves, stakeholders must remain agile and responsive to changing consumer demands and market dynamics to succeed in this competitive landscape.

[urbtnews]

Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5%

Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5% Stay Trendy with URBTNews.com (Subscribe Today Free!)   SHERIDAN, WY, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- IMARC Group's report titled "Electric Two-Wheeler Market Report" details various aspects of the electric two-wheeler market dynamics. The report categorizes data by vehicle type, battery type, voltage type, peak power, battery technology, motor placement, and region for the period from 2024 to 2032. The electric two-wheeler market attained a size of US$ 39.9 billion in 2023 and is projected to grow to US$ 109.5 billion by 2032, showcasing an impressive 11.5% CAGR during the forecast period. For an in-depth analysis, interested individuals can obtain a sample report here: https://www.imarcgroup.com/electric-two-wheeler-market/requestsample Key Factors Driving Electric Two-Wheeler Market Growth Increased awareness of environmental issues significantly impacts demand for electric two-wheelers. Growing concern about climate change, especially regarding carbon emissions, motivates individuals and policymakers to adopt greener options. Traditional gasoline vehicles notably contribute to air pollution, leading to a search for cleaner alternatives, such as electric two-wheelers, which produce zero tailpipe emissions. As urban centers experience worsening air quality, the shift towards electric mobility accelerates. Consequently, manufacturers invest in electric two-wheeler technologies to meet rising consumer expectations. Technological Innovations Impacting Electric Two-Wheelers Recent advancements in lithium-ion battery technology revolutionize the electric vehicle market by offering superior range, swift charging capabilities, and enhanced performance. Manufacturers address critical barriers to electric vehicle adoption, such as range anxiety and time-consuming charging durations. Continuous research and development initiatives lead to more efficient and cost-effective battery solutions, further improving electric two-wheeler attractiveness. Additionally, innovations in electric motors, regenerative braking systems, and lightweight materials contribute to overall vehicle enhancement, promoting wider market acceptance. Impact of Fuel Prices on Electric Two-Wheeler Adoption Rising gasoline prices significantly influence consumers' transportation preferences, pushing them towards electric two-wheelers. With increasing fuel costs, electric two-wheelers emerge as more cost-effective options. They feature lower operating costs due to the lower price of electricity compared to gasoline, along with reduced maintenance expenses. Over time, these financial benefits become even more attractive for daily commuting and local travel. In regions with high or volatile fuel prices, the cost savings associated with electric two-wheelers amplify. Prominent Players in the Electric Two-Wheeler Market Several leading companies operate within the global electric two-wheeler industry, including: - AIMA Technology Co. Ltd. - Ampere Vehicles Pvt. Ltd. - BMW AG - Energica Motor Company S.p.A. - GOVECS AG - Hero Electric Vehicles Pvt. Ltd. - Mahindra GenZe - Terra Motors Corporation - Vmoto Limited - Yadea Technology Group Co. Ltd. - Zero Motorcycles, Inc. For further inquiries, you can request a sample report directly through this link: https://www.imarcgroup.com/request?type=report&id=2215&flag=C Market Segmentation of Electric Two-Wheelers The electric two-wheeler market undergoes segmentation based on several factors, including: - Vehicle Type: Electric Scooter/Moped, Electric Motorcycle - Battery Type: Lithium-Ion, Sealed Lead Acid (SLA) - Voltage Type: 96V - Peak Power: 10 kW - Battery Technology: Removable, Non-Removable - Motor Placement: Hub Type, Chassis Mounted Regional Analysis of the Electric Two-Wheeler Market The electric two-wheeler market spreads across various regions, including: - North America (United States, Canada) - Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others) - Europe (Germany, France, United Kingdom, Italy, Spain, Russia, others) - Latin America (Brazil, Mexico, others) - Middle East and Africa Each region displays unique trends and growth opportunities that manufacturers analyze for strategic decision-making. Emerging Trends in the Global Electric Two-Wheeler Market Governments across various nations implement incentives and policies to boost electric vehicle adoption. These measures include subsidies, tax reductions, and rebates for purchasing electric two-wheelers, which enhance affordability for consumers. Furthermore, regulatory bodies establish stricter emission standards, promoting the development of electric alternatives. Investments in necessary infrastructure, like charging stations, support the burgeoning electric vehicle market. The combination of monetary incentives and a supportive regulatory environment creates a positive landscape for electric two-wheeler manufacturers. Possible customization options are available for specific requests beyond the report's current scope. Related Reports by IMARC Group - Peer-to-Peer P2P Lending Market: https://www.imarcgroup.com/peer-to-peer-lending-market - Dry Eye Syndrome Market: https://www.imarcgroup.com/dry-eye-syndrome-market - Commercial Seaweeds Market: https://www.imarcgroup.com/commercial-seaweeds-market - Fitness App Market: https://www.imarcgroup.com/fitness-app-market IMARC Group provides strategic insights and a comprehensive suite of services to assist ambitious organizations, aiding in impactful market expansion initiatives. For further details, contact: Elena AndersonIMARC Services Private Limited+1 631-791-1145email us here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. The platform does not accept any responsibility for the accuracy or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please reach out to the author. Read the full article

[blueweave]

electric scooter and motorcycle market size to zoom at an impressive CAGR of 35% during the forecast period between 2022 and 2028. Global electric scooter and motorcycle market will advance due to growing consumer awareness of air pollution caused by emissions from fossil-fueled vehicles and strong demand for low-noise transportation options. Increased government spending to encourage the use of EVs is expected to increase demand for electric motorcycles and scooters. The government's subsidies, grants, and tax breaks on the purchase of electric two-wheelers will provide new market opportunities for manufacturers to increase their output. The popularity of electric motorcycles and scooters is largely attributed to their low operating and maintenance costs. Consumers are being compelled to switch to battery-powered electric motorcycles and scooters because of rising fuel prices. As electric motorcycles and scooters have fewer moving parts than two-wheelers powered by gasoline or diesel, they require less maintenance.

Global Electric Scooter and Motorcycle Market – Overview

Two-wheeled electric motorcycles and scooters are propelled by rechargeable batteries. They are used for last-mile deliveries as well as daily commuting. Additionally, electric motorcycles and scooters for cruising and racing are produced. Instead of a gasoline or diesel engine, electric motors are used to power two-wheeler motorcycles. The motor is powered by a rechargeable battery. The most recent electric motorcycles and scooters in 2022 offer plug-in charging options, in contrast to earlier vehicles that required charging after removing the battery. The transportation sector is structurally changing because of vehicle electrification. Electric moped motorcycles use a battery (typically a lithium-ion battery) and a DC motor to ensure adequate power transmission.

The market for electric motorcycles is expanding as electric vehicle adoption increases and disposable income rises. Governments all over the world are providing subsidies to increase the demand for electric motorcycles and scooters. A rise in the use of electric vehicles is also being attributed to the implementation of strict regulations meant to reduce pollution and vehicle emissions. When gasoline or diesel are burned in an internal combustion (IC) engine, carbon dioxide is produced as a byproduct, which causes air pollution. To reduce environmental pollution, governments are enacting several regulations and encouraging manufacturers and consumers to adopt electric vehicles. Using cutting-edge manufacturing and processing technologies, the United States, China, France, and Germany seek to lower vehicle emission levels.

Sample Report @ https://www.blueweaveconsulting.com/report/electric-scooter-and-motorcycle-market/report-sample

[omshinde5145]

Electric Vehicle Market to Develop Rapidly by 2030 | Intent Market Research

The Electric Vehicle (EV) Marketis experiencing unprecedented growth, driven by technological advancements, increasing environmental awareness, and supportive government policies. According to the latest report from Market Insights Inc., the global electric vehicle market is expected to reach USD 1,000.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030.

The key factors contributing to the growth of the electric vehicle market during the forecast period include new technological advancements such as low CO2 emissions and maintenance, smooth driving, and reduced engine noise. Demand for electric vehicles is rapidly increasing as they are fuel efficient, high-performance, and low-emission vehicles. Strict government rules and regulations regarding vehicle emissions and reduced cost of electric vehicles are significantly boosting the market growth.

Key Drivers of Growth:

Technological Advancements: Significant improvements in battery technology have led to longer ranges, faster charging times, and lower costs, making EVs more accessible to consumers. Innovations in autonomous driving and smart connectivity are further enhancing the appeal of electric vehicles.

Environmental Concerns: With growing awareness of climate change and the harmful effects of fossil fuels, consumers and businesses are increasingly opting for electric vehicles as a sustainable alternative. The push for cleaner air and reduced carbon footprints is a major impetus for the shift towards EVs.

Government Policies and Incentives: Governments worldwide are implementing stringent emissions regulations and offering incentives such as tax rebates, subsidies, and grants to promote the adoption of electric vehicles. These policies are crucial in accelerating the transition from internal combustion engine vehicles to electric ones.

Read More about Sample Report: https://shorturl.at/SA8bb

Market Segments:

Passenger Vehicles: The largest segment of the EV market, driven by increasing consumer demand for eco-friendly personal transportation options.

Commercial Vehicles: Rapid growth is expected in electric buses, trucks, and delivery vans as businesses seek to reduce operational costs and comply with environmental regulations.

Two-Wheelers: Electric scooters and motorcycles are gaining popularity, particularly in urban areas, due to their affordability and convenience.

Regional Insights:

North America: The U.S. leads the region with robust infrastructure development and strong policy support, fostering significant growth in EV sales.

Europe: The European market is buoyed by stringent emission norms and substantial government incentives, with countries like Norway and Germany at the forefront of adoption.

Asia-Pacific: China dominates the global EV market, driven by aggressive government initiatives and a thriving manufacturing sector. India and Japan are also emerging as key players with increasing investments in EV infrastructure.

Industry Challenges:

Despite the positive outlook, the EV market faces challenges such as high initial costs, limited charging infrastructure in certain regions, and supply chain disruptions. However, ongoing investments in research and development, coupled with strategic collaborations between automakers, technology companies, and governments, are expected to mitigate these challenges and drive sustained growth.

Ask for Customization Report: https://shorturl.at/ySBlp

About Us:

Intent Market Research (IMR) is designed to offer unique market insights, with a core focus on sustainable and inclusive growth of our clients. We offer comprehensive market research reports and consulting services to help our clients to take data driven business decisions.

Our market intelligence reports offer fact-based and relevant insights across range of industries including chemicals & materials, healthcare, food & beverage, automotive & transportation, energy & power, packaging, industrial equipment, building & construction, aerospace & defence, semiconductor & electronics to name few.

Our approach is deeply collaborative, working closely with clients to drive transformative change that benefits all stakeholders and have positive impacts. With a strong emphasis on innovation, we’re here to help businesses grow, build sustainable advantages, and bring remarkable changes.

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[vijukumar]

Tire Market Challenges & Opportunities | Research Report

The tire market plays a crucial role in the global automotive industry, driving advancements in vehicle performance, safety, and fuel efficiency. As vehicles continue to evolve with new technologies and sustainability initiatives, the tire industry has seen significant transformations. This blog delves into the current state of the global tire market, examining its size, share, growth, emerging trends, key players, and the challenges it faces.

Market Size, Share, and Growth

As of 2023, the global tire market is valued at approximately USD 156 billion and is projected to reach USD 200 billion by 2028, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth is driven by an increase in vehicle production, particularly in emerging economies, along with the rising demand for replacement tires in developed regions.

Passenger Vehicle Tires: Passenger vehicle tires hold the largest share of the market, accounting for over 55% of the total revenue. The rising disposable income and increasing demand for personal vehicles, especially in Asia-Pacific and North America, are key factors contributing to this segment's dominance.

Commercial Vehicle Tires: The commercial vehicle tire segment is also experiencing steady growth, driven by the expansion of logistics and transportation sectors. The increased use of commercial vehicles for freight and passenger transport is boosting the demand for durable and high-performance tires.

Two-Wheeler Tires: The two-wheeler tire segment is gaining traction, particularly in Asia-Pacific, where motorcycles and scooters are a popular mode of transportation. This segment is expected to grow at a CAGR of 4.5% during the forecast period.

Market Trends

The tire market is undergoing significant transformations, shaped by technological advancements, consumer preferences, and regulatory changes. Some of the key trends driving the market include:

Sustainability and Green Tires: Environmental concerns are pushing tire manufacturers to develop eco-friendly products. Green tires, made from sustainable materials and designed to reduce rolling resistance, are gaining popularity. These tires not only lower fuel consumption but also minimize carbon emissions, aligning with global sustainability goals.

Rise of Electric Vehicles (EVs): The increasing adoption of electric vehicles is influencing tire design and manufacturing. EVs require specialized tires that can handle the higher torque and weight of electric powertrains while minimizing rolling resistance to extend battery life. Tire manufacturers are investing in research and development to create products tailored for the EV market.

Smart Tires: The integration of sensors and IoT (Internet of Things) technology in tires is revolutionizing the market. Smart tires can monitor pressure, temperature, and tread depth in real-time, providing data that enhances safety and performance. These tires are particularly valuable for commercial fleets, where maintenance and fuel efficiency are critical.

Focus on Retreading: Tire retreading is gaining momentum as a cost-effective and sustainable solution, particularly in the commercial vehicle sector. Retreading extends the life of tires, reducing waste and lowering costs for fleet operators. The growth of retreading is supported by advancements in retreading technologies, which ensure that retreaded tires meet stringent safety and performance standards.

Expanding Aftermarket Segment: The aftermarket tire segment is expanding rapidly, driven by the growing demand for replacement tires. As vehicles stay on the road longer, the need for high-quality replacement tires is increasing. This trend is particularly strong in developed regions where vehicle longevity is higher.

Key Market Players and Their Market Share

The global tire market is dominated by several key players, each holding a significant share of the market. These companies are at the forefront of innovation and have established strong distribution networks across various regions. Some of the leading players in the market include:

Bridgestone Corporation: Bridgestone is the largest tire manufacturer in the world, with a market share of approximately 15%. The company is known for its extensive product portfolio, which includes tires for passenger vehicles, commercial vehicles, and specialty vehicles. Bridgestone's focus on innovation and sustainability has strengthened its position in the market.

Michelin Group: Michelin holds a market share of around 14% and is renowned for its premium-quality tires. The company's emphasis on research and development has led to the creation of innovative products such as the Michelin Pilot Sport series, which is widely used in high-performance vehicles. Michelin is also a leader in sustainable tire manufacturing.

Goodyear Tire & Rubber Company: Goodyear has a market share of approximately 11% and is a key player in both the original equipment (OE) and replacement tire markets. The company has a strong presence in North America and Europe and is known for its cutting-edge tire technologies, including run-flat tires and smart tires.

Continental AG: Continental holds a market share of about 10% and is a leading supplier of tires to the automotive industry. The company's strength lies in its ability to combine tire manufacturing with automotive technologies, such as tire pressure monitoring systems (TPMS). Continental is also a pioneer in the development of eco-friendly tires.

Pirelli & C. S.p.A.: Pirelli has a market share of around 6% and is synonymous with high-performance and luxury vehicle tires. The company's close association with motorsports, particularly Formula 1, has enhanced its brand image. Pirelli's focus on premium tires has helped it capture a niche segment of the market.

Market Challenges

Despite the promising growth prospects, the tire market faces several challenges that could impact its development:

Fluctuating Raw Material Prices: The tire industry is heavily reliant on natural rubber and synthetic materials, the prices of which are subject to volatility. Fluctuations in raw material costs can impact profit margins for tire manufacturers, leading to price adjustments that may affect demand.

Environmental Regulations: Stringent environmental regulations are being implemented globally, aimed at reducing carbon emissions and waste. While these regulations drive the demand for green tires, they also impose additional costs on manufacturers for compliance and R&D investments in sustainable technologies.

Intense Competition: The tire market is highly competitive, with numerous players vying for market share. This intense competition puts pressure on manufacturers to innovate continuously while maintaining cost efficiency. Smaller players, in particular, may struggle to compete with the scale and resources of larger companies.

Supply Chain Disruptions: The global supply chain for tire manufacturing has been affected by various disruptions, including the COVID-19 pandemic, geopolitical tensions, and logistical challenges. These disruptions can lead to delays in production and distribution, impacting the availability of tires in key markets.

Technological Adaptation: The rapid pace of technological advancements in the automotive industry, such as the rise of EVs and smart vehicles, requires tire manufacturers to adapt quickly. Companies that fail to keep up with these changes risk losing market share to more agile competitors.

Conclusion The global tire market is poised for steady growth in the coming years, driven by the increasing demand for vehicles, advancements in tire technology, and the shift towards sustainable products. However, manufacturers must navigate a complex landscape of challenges, including fluctuating raw material prices, environmental regulations, and intense competition.

[greenfrontiercapital]

Accelerating Change: Climate Tech Investment Transforms 2-Wheeler Mobility in India

India is at a crucial juncture in its efforts to balance environmental preservation and economic progress. The nation’s focus on reducing carbon emissions and transitioning to a greener economy has placed significant attention on the electric vehicle (EV) sector. Given their widespread use in Indian transportation, the two-wheeler industry, specifically motorcycles, scooters, and mopeds, holds prime importance. Two-wheelers account for over 70% of all vehicles in India and are relied upon by millions for daily commuting and transportation.

The climate tech investment technology is crucial for accelerating the shift from two-wheelers to electric mobility. Companies like EMotorad are at the forefront of this effort. This article examines the current state of climate tech investment in India’s electric vehicle (EV) industry, as well as the numerous opportunities for sustainable finance in this sector. It also highlights the investment made by Green Frontier Capital in EMotorad, a startup that demonstrates how venture capital funds can have a sustainable impact on the 2-wheeler market in India.

Climate Tech Investment in the Indian Electric Vehicle Market

In 2022, climate tech investments accounted for 25% of all venture capital financing, up 14% from 2021, according to PwC’s State of Climate Tech Report. The worldwide market for sustainable funding is projected to rise from US$ 3.6 trillion in 2021 to US$ 23 trillion by 2031, according to the Confederation of Indian Industry (CII). The climate tech environment is witnessing considerable expansion, particularly in electric transportation.

In India, the growth of the electric vehicle industry is being fueled by regulatory pressure, technological advancements, and changing consumer preferences. The Confederation of Indian Industry (CII) predicts that the Indian electric vehicle industry will grow from US$ 3.21 billion in 2022 to US$ 113.99 billion in 2029. Research from Counterpoint suggests that electric vehicle sales could increase by 66% as early as 2024, and McKinsey and Company forecasts that by 2030, 60–70% of new two-wheeler sales in India will be electric vehicles.

In this industry, there are several prospects for sustainable funding. Over 70% of the US$ 2.7 billion that Indian EV start-ups raised between 2018 and 2023 went toward purchasing electric two- to three-wheelers, according to the IEA. According to the IEA’s Global EV Outlook 2024 Report, there are still a lot of climate tech investment prospects for Indian entrepreneurs and start-ups, with the country’s EV sector now estimated to have a US$200 billion investment potential.

The Indian government is dedicated to reducing carbon emissions and supporting renewable energy, generating a lot of interest in investments in climate technology, particularly in the electric vehicle (EV) sector. This emerging industry’s potential is being acknowledged by Indian investors and venture capital funds like Green Frontier Capital, leading to an increase in climate tech investments aimed at accelerating the country’s adoption of EVs.

EMotorad: An Excellent Investment in Climate Technology for Green Frontier Capital

EMotorad is an Indian company that manufactures electric bikes, scooters, and cycles. Founded in 2020 by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, and Sumedh Battewar, the company has seen significant growth in India and has garnered over 100,000 global customers. EMotorad is currently building the world’s largest gigafactory for electric bicycles in Pune.

The company is committed to sustainability and offers products that promote eco-friendly mobility and help reduce carbon footprints. Their use of environmentally friendly materials and production methods aligns with global sustainability objectives, making it an attractive investment for Indian sustainable finance investors.

In India’s price-sensitive market, a wide range of people can now afford green mobility thanks to reasonably priced electric two-wheelers. This suggests significant market potential and scalability for venture capital firms like GFC, who invested in EMotorad as part of their climate tech investment. This offers a great opportunity for long-term growth. EMotorad ensures exceptional product performance by investing in cutting-edge technologies such as long-lasting batteries and intelligent networking. This commitment to innovation puts the company at the forefront of the EV industry, providing a continuous competitive advantage to sustainable financing investors. The focus on ongoing innovation keeps the company ahead of industry trends, signaling a forward-thinking business that can adapt to changing market conditions and sustain steady long-term growth for its Indian investors.

Its triumphant foray into other markets showcases its worldwide scalability and provides top venture capital firms such as GFC with exposure to the expanding global demand for electric transportation. Strategic alliances with IT companies, governmental agencies, and environmental groups are advantageous to EMotorad as well. This enabling environment lowers operational risks and expands market penetration, increasing the company’s appeal as a climate tech investment. The seasoned leadership group of EMotorad promotes innovation and strategic expansion. Strong leadership is essential because it gives investors faith in the company’s capacity to overcome obstacles and seize opportunities in the climate tech industry.

EMotorad and Green Frontier Capital: The Path Forward

In India, switching to electric two-wheelers is a critical step toward accomplishing sustainable transportation and tackling the urgent problem of climate change. The 2-wheeler EV industry in India offers a strong potential for climate tech investment because of its sizeable and expanding market, favorable government regulations, and rising consumer awareness. Businesses like EMotorad are at the forefront, providing creative and reasonably priced solutions that support the worldwide movement toward environmentally friendly transportation.

According to Sandiip Bhammer, Managing Partner of Green Frontier Capital, “What struck us the most is the pace at which they were able to expand the business across geographies in just two years of existence; not only that, but the technology they are building on top of their bikes is a game changer; it will change the way people cycle.” As of July 2024, EMotorad has avoided 9,758,287+ liters of conventional fuel (petrol/diesel) by choosing e-bikes, generated 250+ green employment, and conserved 21,602+ tons of CO2 — an amount equal to the annual absorbance of 820,864+ fully grown trees. They use solar energy in 30% of their production processes, and they handle their trash in an ecologically responsible way in 99% of them. For Indian investors interested in sustainable finance, EMotorad is unquestionably a wise green investment. It offers significant financial gains in addition to making India and the rest of the globe a cleaner, greener future.

Tags: climate vc | top climate tech vcs | green investing | climate investors India | climate vc fund | top investment companies in India | venture capital green

[automotivetransportationresearch]

Electric Scooter and Motorcycle Market Size, Share, Trends & Forecast by 2030

The global electric scooter and motorcycle market is projected to grow from USD 4.3 Billion in 2024 to USD 12.4 Billion by 2030, registering a CAGR of 18.9%. The significant advancements in battery technology and the broader tech ecosystem are propelling the electric scooter and motorcycle market. Improvements in lithium-ion battery efficiency have resulted in electric two-wheelers with greater…

[globalgrowthinsights]

Fast Food and Quick Service Restaurant Market Developments, Trends & Opportunities till 2032

Fast Food and Quick Service Restaurant Market provides in-depth analysis of the market state of Fast Food and Quick Service Restaurant manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fast Food and Quick Service Restaurant in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Fast Food and Quick Service Restaurant Market Report:

The report offers a comprehensive and broad perspective on the global Fast Food and Quick Service Restaurant Market.

The market statistics represented in different Fast Food and Quick Service Restaurant segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Fast Food and Quick Service Restaurant are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Fast Food and Quick Service Restaurant.

Major stakeholders, key companies Fast Food and Quick Service Restaurant, investment feasibility and new market entrants study is offered.

Development scope of Fast Food and Quick Service Restaurant in each market segment is covered in this report. The macro and micro-economic factors affecting the Fast Food and Quick Service Restaurant Market

Advancement is elaborated in this report. The upstream and downstream components of Fast Food and Quick Service Restaurant and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/fast-food-and-quick-service-restaurant-market-100554

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[rajanreddy]

Automotive Lighting Market Growth at a CAGR of 6.4% by 2033

The global Automotive Lighting Market is anticipated to attain a valuation of USD 37.1 Billion in 2023 and is predicted to reach USD 69 Billion by 2033, trailing a CAGR of 6.4% during the forecast period.

Stringent lighting regulations have propelled developed countries to focus on the vehicle lighting industry in Europe and North America. Adequate vehicle lighting is crucial, particularly for travel on busy highways. Governments globally prioritize road safety, as highlighted by the World Health Organization (WHO), which reports 1.3 million annual fatalities from road traffic collisions. Many countries experience a 3% GDP loss due to road accidents. Therefore, enhancing driving conditions is essential, and improving the lighting system plays a significant role in achieving this goal.

Request For a Sample of Market Research: https://www.futuremarketinsights.com/reports/sample/rep-gb-621

In 2011, the European Union has made it compulsory for all new motor vehicles to have daytime running lights (DRLs) in order to enhance road safety. DRLs are designed to improve the visibility of the vehicle for other road users rather than aiding the driver's vision. According to the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA), DRLs have resulted in a 13.8% reduction in fatal road accidents. Such regulatory measures are expected to significantly influence the growth of the global automotive lighting market.

The growing demand for automotive lighting is fuelled by the rising adoption of advanced lighting in vehicles. Leading original equipment manufacturers (OEMs) are prioritizing the development and integration of advanced lighting solutions to enhance both vehicle visibility and aesthetics. Notably, Hella GmbH is actively involved in the development and provision of cutting-edge automotive lighting systems. These lighting systems offer various functions, such as pedestrian communication, to ensure safety and meet customer expectations.

Key Takeaways

North America automotive lighting market is expected to grow with a CAGR of 6% during the forecast period.

The demand for automotive lighting in China is expected to grow with a CAGR of 6.3% during the forecast period.

By vehicle type, passengers vehicle segment is projected to grow with a CAGR of 6.8% during the forecast period.

Brazil is expected to grow with a significant CAGR of 5.8% throughout the forecast period.

Competitive Landscape

The market for automotive lighting is highly competitive, with numerous prominent industry players making substantial investments in increasing their manufacturing capabilities.

The key industry players Koito Manufacturing Co. Ltd., Hella KGaA Hueck & Co., Stanley Electric Co., Valeo SA, Osram Licht AG, Magnetti Marelli, Varroc Group.

Key Segments Profiled in the Automotive lighting Market Industry Survey

By Application:

Front Headlights

Fog Lights

Rear Lights

Side Lights

Interior Lights

By Vehicle Type:

Passenger Cars

Compact

Mid

Luxury

SUVs

Light Commercial Vehicles

Heavy Commercial Vehicles

Electric Vehicles

Battery Electric

Plug-in Hybrid Electric

Hybrid Electric

Two Wheelers

Motorcycles

Scooters

By Light Source:

Halogen

LED

Xenon

By Sales Channel:

OEM

Aftersales

By Region:

North America

Latin America

Europe

Asia Pacific

Middle East and Africa

[stands-pro]

Top 7 Upcoming Exhibitions In Cologne, Germany

The seven exhibitions are scheduled in Cologne (Germany) between 2024 and 2025. The fair is an excellent opportunity for participants to network with similar suppliers and a large audience. You can achieve your goals by attending exhibitions in Cologne between 2024 and 2025. Seven exhibitions in Cologne between 2024 and 2020 will help you achieve your goals.

Gamescom Cologne 2024

Date: 21–25 August 2024 Gamescom Expo 2024 will be Cologne’s most extensive exhibition dedicated to computers and video. Through a major digital project, the exhibition was designed both online and offline. Gamescom Cologne will feature business, cosplay, and entertainment areas, as well as retro and pop. You can meet international creatives, media partners, and large cooperatives at Gamescom Cologne. Kind + Jugend 2024 Date: 3–5 September 2024 Soon, Kind + Jugend, a fashion exhibition for children, will hold its next face-to-face meeting. Messe Cologne will host over 15,000 international exhibitors to showcase various products and services. Kind + Jugend will showcase well-known retailers and children’s clothing brands. The fair will feature a wide range of products for babies and toddlers, including clothing, toys, and hygiene products. Kind+ Jugend offers consumers and decision-makers worldwide an excellent opportunity to discover new projects, learn about trends, and participate in advocacy activities. The fair features guided tours, product displays, live demonstrations, workshops, informative lectures, and award ceremonies. Intermot Cologne 2024

Date: 5–8 December 2024 Intermot, the international motorcycle, scooter, and e-bike fair, is held every two years in Cologne. It had become the world’s most significant international motorcycle show since 1998, when it was spun off from IFMA. Intermot Rho is now the world’s second-largest cycling event after the EICMA in Milan. Intermot Cologne, one of the largest motorcycle shows in the world, will feature electric bicycles. All motorcycle-related products, including helmets, shoes, raincoats, protective clothing, and gloves, are displayed. DMEXCO Cologne 2024

Date: September 18 and 19, 2024 DMEXCO Cologne is a critical event for Europe’s digital advertising, marketing, and technology industry. Over 4,000 professionals from the industry, including innovators, key decision-makers, and entrepreneurs, will be present to help shape the future of the diseconomy. DMEXCO Cologne is an unparalleled show in terms of its revolutionary power, creativity, and power. DMEXCO Cologne will have unique areas that cover all the subject verticals in the virtual enterprise, including media, e-commerce, and agencies. Use the networking and convention areas to meet and exceed your brand objectives by assembling the right project partners. The product review could be expertly curated to offer a wonderful tourist experience and valuable information on content programming, metaverses, blockchains, and essential industry themes. IDS Cologne 2025

Date: 25-29 March 2025 IDS Cologne is the leading international exhibition for dental professionals. IDS Cologne 2025, with its unrivaled product range and immersive ancillary programs, will stimulate its target market. IDS Cologne will present the latest technology and ideas that have a strong foothold today in dental practices and labs. The IDS will be able to offer a wide range of products that are unique and specific to the IDS. The 830 exhibitors from nearly 60 countries will bring the latest dental products and lab equipment. This may disrupt the current dental delivery chain. IDS Cologne is designed to provide high-level information on the latest trends, best practices, and research findings. The parallel lectures and seminars are a great way to get this information. Visitors are encouraged to take advantage of being in the heart of the global dental family and to use a few opportunities for meetings to build lasting industry contacts. IMM Cologne 2025 Date: 12-16 January 2025 IMM Cologne was founded in 1949 and is an annual fixture exhibition in Cologne. Koelnmesse GmbH organized the exhibition, which has become a leader in the fixture industry. In the history of Cologne and of the fixtures industry, 1949 was a monumental year. The exhibition was a massive success despite the complicated situations of the immediate post-conflict period. It quickly became one of the world’s most essential fixtures and layout activities. IMM Cologne will also play a significant role in establishing Cologne as an essential area for creativity and design. The IMM Cologne 2025 has made Cologne a center exhibition area in Germany and a center for innovative fixtures and interior design. For the upcoming season, IMM Cologne will examine global trends and innovations in furniture, interior architecture, sleeping, space layout, and design. Asia-Pacific SOURCING 2025 Date: 11–13 March 2025 Visitors to Asia-Pacific Sourcing 2025 have many opportunities to build their network and gain valuable insights into the home, produce, and garden markets. Asia-Pacific Sourcing 2025 will feature over 750 exhibitors and 8,000 buyers from the commercial, wholesale, and import markets. The show offers plenty of space for lighting and features the latest technologies and products. You’ll find all the latest technologies and products at Asia-Pacific Sourcing, including home and garden products and other exciting products. The exhibition features guided tours, interactive workshops, hands-on demonstrations, competitions, and interactive activities. The beauty of China is one of the highlights of the fair, which takes place in a venue with nearly 40 high-end labels. This exhibition in Cologne between 2024 and 2025 is an excellent opportunity to showcase and discover new products and services. This fair can help you build business relationships with buyers worldwide. Hire exhibition stand builders to create a stand representing your brand and mission.