#Malaysia Electric Two Wheeler Market
Explore tagged Tumblr posts
Text
Malaysia Electric Two Wheeler Market.
Malaysia Electric Two Wheeler market on the basis of vehicle type, voltage, speed, distance covered and regional analysis. The segmentation will help the companies to learn about their customers.
0 notes
Link
0 notes
Link
0 notes
Text
Japan Electric Two-Wheeler Vehicle Market Analysis 2032
Japan electric two-wheeler vehicle market is projected to observe a CAGR of 12.39% during the forecast period FY2025-FY2032, growing from USD 431.12 million in FY2024 to USD 1097.54 million in FY2032. The market has witnessed significant growth in recent years and is projected to maintain an expansion in the forecast years as the government is introducing a favorable environment for promoting the adoption of electric vehicles, raising awareness concerning environmental sustainability, advancement in battery technology, and changing consumer preferences towards sustainability. In Japan, the government plans to offer subsidies and incentives for purchasing and selling electric two-wheeler vehicles and spreading awareness concerning the benefits of electric vehicles on the environment. The Government of Japan promotes adopting electric and hybrid vehicles through amendments in vehicle weight and tax regulations. Beginning in January 2024, vehicles that accomplish 80% of Japan’s energy-saving goal will get the benefit of a 50% tax reduction, while those accomplishing 70% will get the benefit of a 25% tax reduction. In May 2025, these rules will alter, requiring vehicles to address 80% and 90% of the energy-saving goal to receive tax reductions of 25% and 50%, respectively.
Companies in Japan electric two-wheeler vehicle market are efficiently planning to invest in different research and development programs to advance the performance of vehicles and accomplish sustainable development goals. In addition, key participants in the market are collaborating to design electric two-wheelers featuring advanced functions.
For instance, in December 2023, Emobi Manufactury Private Limited announced the collaboration with Japan’s Musashi Seimitsu CO Ltd. to develop an electric two-wheeler.
Advancement in Electric Two-Wheeler Vehicle Technology Drives Market Demand
Companies in the Japan electric two-wheeler vehicle market are making significant changes in manufacturing electric two-wheeler vehicles and attracting customers with cutting-edge features coupled with exceptional performance. In Japan, e-bikes are becoming considerably prevalent as this is an environmentally responsible method of transportation, boosting the innovations in the electric two-wheeler vehicle market, which further propels Japan electric two-wheeler vehicle market. The government of Japan has framed different policies, promoted the integration of lightweight components, and zero carbon emission regulations, compelling automakers to advance electric two-wheeler vehicles. Companies in the market are introducing advanced electric two-wheeler vehicles to offer better overall driving experience.
For instance, in March 2022, Yamaha Motor Co., Ltd announced the introduction of E01, an 8.1 kW class electric scooter featuring a fixed battery design and a model-specific frame with a design reflecting the technology garnered through sportbike development in Indonesia, Japan, Europe, Thailand, Taiwan, and Malaysia.
Electric Charging Infrastructure Pushes Japan Electric Two-Wheeler Vehicles Market Growth
The rapid expansion of electric charging infrastructure drives the demand for electric two-wheeler vehicles and increases the adoption of electric vehicles. The government in Japan is planning to establish and expand EV charging infrastructure to promote the adoption of electric two-wheelers and accomplish the goal of zero carbon emissions. Companies in the Japan electric two-wheeler vehicles market are planning to invest in expanding their EV charging network across different cities and focus to tap into empowering fleet owners coupled with last-mile delivery network partners to switch to EVs with more localized solutions. Japanese Government making policies to support the production of electric vehicles and the development of lightweight components, introducing different market growth opportunities for key market players. These opportunities will enable companies to extend reliable and efficient charging services across different regions and countries.
For instance, in November 2023, Terra Motors, one of the leading companies in Japan, announced an expansion of its electric vehicle charging infrastructure venture, with new offices across different states in India to reliable charging services across India.
Government Regulations and Carbon Emissions Policies Drives the Japan Market Growth
In Japan, the government is planning to set up different campaigning programs to spread awareness concerning zero carbon emissions and promote the purchase and production of electric vehicles. The government compels companies to launch electric vehicles with advanced safety features, driving the Japan electric two-wheeler vehicle market growth in the forecast period. In addition, the growing awareness concerning environmental sustainability, coupled with different government incentives and subsidies, is propelling the Japan electric two-wheeler vehicles market demand. Furthermore, the Japanese government banned the sale of gas vehicles, driving the Japan electric two-wheeler vehicle market growth in the forecast period.
For instance, in February 2024, Japan is planning to ban the sales of new gas vehicles by 2035 and shift towards electric, fuel-cell, and hybrid vehicles.
Electric Scooter Dominates Japan Electric Two-Wheeler Vehicles Market Share
Electric scooter registers the largest market share in Japan, owing to an increase in per capita income, rising production of electric scooters, advancement in technological advancement, and favorable government policies. In addition, the Japan electric scooter market demand is propelling due to expansion in EV charging infrastructure, rapid introduction of electric scooters, and development of removable battery pack features. In addition, companies are planning to launch new electric scooters equipped with features and technologies to expand their product portfolio.
For instance, in June 2023, Honda Motor Co., Ltd. announced the launch of EM 1 e: the first personal-use electric scooter commuter model in Japan with the feature of a swappable battery.
Download Free Sample Report
Lithium-ion Battery is Estimated to Register the Largest Japan Electric Two-Wheeler Market Share
The lithium-ion battery is projected to hold the largest market share due to an increase in the production of electric vehicles and advancement in battery life. The demand for lithium-ion batteries is growing, owing to an increase in durability, advancement in reliability, and revolutionizing the manufacturing process of lithium-ion batteries. The Japanese government is making policies for automakers to reduce the carbon footprint and integrate lightweight components in batteries. In addition, technological advancements in lithium-ion batteries have been propelled by the rapid development of artificial intelligence (AI) to predict failures, effectiveness, and longevity of vehicles. Companies in the market are driving impactful advancements to revolutionize energy storage and power in the forecast period. Also, they are planning to establish a new production facility to address the rising demand for lithium-ion batteries.
For instance, in February 2022, Panasonic Corporation announced the establishment of a production facility for new lithium-ion batteries for electric vehicles at Wakayama Factory in Japan.
Future Market Scenario (FY2025 – FY2032F)
Advancement in battery technology and integration of lightweight components in electric vehicles is driving the demand for electric two-wheeler vehicles.
Supportive government policies and the rising popularity of e-bikes are projected to drive the Japan electric two-wheeler vehicle market growth.
Shift in consumer demand towards electric two-wheelers and rising investment by government and private companies in e-bike infrastructure are anticipated to propel the market growth in the forecast period.
The Japanese government is promoting eco-friendly transportation, and advancement in fast charging technology, coupled with efficient battery systems, fostering the market growth.
Report Scope
“Japan Electric Two-Wheeler Vehicle Market Assessment, Opportunities and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of Japan electric two-wheeler vehicle market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Click here for full report- https://www.marketsandata.com/industry-reports/japan-electric-two-wheeler-vehicle-market
Latest reports-
Contact
Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com
0 notes
Text
Lead Acid EV Vehicle Market Size, Share, Key Drivers, Trends, Challenges and Competitive Analysis
"Global Lead Acid EV Vehicle Market – Industry Trends and Forecast to 2029
Global Lead Acid EV Vehicle Market, By Component (Positive Electrode, Negative Electrode, Electrolyte, Separator), Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), Method (Wire Bonding, Laser Bonding), Battery Capacity (<50 kWh, 50-110 kWh, 111-200 kWh, 201-300 kWh, >300 kWh), Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Access Full 350 Pages PDF Report @
The Lead Acid EV Vehicle Market is witnessing significant growth due to the increasing adoption of electric vehicles (EVs) and the demand for sustainable transportation options. Lead-acid batteries have been traditionally used as a power source for EVs, providing a cost-effective and reliable energy storage solution. With the growing concerns about environmental sustainability and the need to reduce greenhouse gas emissions, the adoption of lead-acid EV vehicles is expected to increase in the coming years.
**Segments**
- By Vehicle Type: Passenger Vehicles, Commercial Vehicles - By Battery Type: Flooded, Enhanced Flooded, Valve Regulated Lead Acid (VRLA) - By End-User: Original Equipment Manufacturers (OEMs), Aftermarket
The market for lead-acid EV vehicles is segmented based on vehicle type, battery type, and end-user. Passenger vehicles and commercial vehicles are the two major segments in terms of vehicle types. The choice of battery type is crucial for the performance and efficiency of lead-acid EV vehicles, with flooded, enhanced flooded, and valve-regulated lead-acid (VRLA) being the key categories. The end-user segment includes original equipment manufacturers (OEMs) and aftermarket suppliers, who play a critical role in the distribution and maintenance of lead-acid EV vehicles.
**Market Players**
- Johnson Controls - Exide Industries Ltd. - East Penn Manufacturing Company - GS Yuasa International Ltd. - Crown Battery - Leoch International Technology Limited - EnerSys - Narada Power Source Co. Ltd. - C&D Technologies - NorthStar Battery
Several key players are operating in the global lead-acid EV vehicle market, contributing to the growth and development of the industry. Johnson Controls, Exide Industries Ltd., and East Penn Manufacturing Company are among the prominent manufacturers of lead-acid batteries for EVs. Other notable players include GS Yuasa International Ltd., Crown Battery, Leoch International Technology Limited, EnerSys, Narada Power Source Co. LtdThe lead-acid EV vehicle market is experiencing a surge in growth propelled by the increasing adoption of electric vehicles and the rising preference for sustainable transportation alternatives. Lead-acid batteries have been a long-standing choice for EVs due to their cost-effectiveness and reliability in storing energy. Over the years, there has been a notable shift towards environmentally friendly practices and the urgent need to curb greenhouse gas emissions, driving the demand for lead-acid EV vehicles.
Segmentation plays a crucial role in understanding the dynamics of the lead-acid EV vehicle market. The market is segmented based on vehicle type, battery type, and end-user. Passenger vehicles and commercial vehicles stand out as the primary segments concerning vehicle types. The selection of the appropriate battery type is pivotal in determining the performance and efficiency of lead-acid EV vehicles. The key categories in this regard include flooded, enhanced flooded, and valve-regulated lead-acid (VRLA) batteries. Furthermore, the end-user segment encompasses original equipment manufacturers (OEMs) and aftermarket suppliers, who contribute significantly to the distribution and maintenance of lead-acid EV vehicles.
A closer look at the market players in the lead-acid EV vehicle sector reveals a roster of prominent names driving industry advancements. Johnson Controls, Exide Industries Ltd., and East Penn Manufacturing Company are leading manufacturers of lead-acid batteries tailored for EV applications. These players bring with them a wealth of experience and innovation to cater to the evolving needs of the market. Additionally, companies such as GS Yuasa International Ltd., Crown Battery, Leoch International Technology Limited, EnerSys, Narada Power Source Co. Ltd., and C&D Technologies further enrich the competitive landscape with their unique contributions and technological expertise.
Market trends suggest a promising outlook for the lead-acid EV vehicle market, with a notable emphasis on sustainability and eco-friendly practices driving growth. As governments worldwide push for stricter emissions regulations and promote the adoption of electric vehicles, the market is poised for significant expansion. The availability of a diverse range**Global Lead Acid EV Vehicle Market, By Component (Positive Electrode, Negative Electrode, Electrolyte, Separator), Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), Method (Wire Bonding, Laser Bonding), Battery Capacity (300 kWh), Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
- The global lead-acid EV vehicle market is experiencing robust growth driven by the rising adoption of electric vehicles worldwide. Lead-acid batteries continue to be a popular choice for EVs due to their cost-effectiveness and reliable energy storage capabilities. - The market segmentation based on vehicle type, battery type, and end-user provides insight into the various factors influencing the growth and development of the lead-acid EV vehicle market. Passenger vehicles and commercial vehicles are the primary segments, with different battery types such as flooded, enhanced flooded, and
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Lead Acid EV Vehicle Market
Chapter 3: Regional analysis of the Global Lead Acid EV Vehicle Market industry
Chapter 4: Lead Acid EV Vehicle Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key Questions Answered with this Study
1) What makes Lead Acid EV Vehicle Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Lead Acid EV Vehicle Market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Lead Acid EV Vehicle in next few years?
8) What is the impact analysis of various factors in the Global Lead Acid EV Vehicle Market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Lead Acid EV Vehicle Market?
Browse Trending Reports:
Mhealth Solutions Market Telecom Cloud Billing Market Industrial Cooking Fire Protection Systems Market Food Manufacturing Market Natural Surfactant Market Industrial Networking Solutions Market Facility Management Market Cathode Materials Market High Purity Gases Market Cassava Starch Market Embedded Connectivity Solutions Market Central Fill Pharmacy Automation Market Rfid In Healthcare Market Virtual Pipeline Systems Market Fiberoptic Phototherapy Equipment Market Suture Passer Market Baby Apparel Market Peanut Allergy Treatment Market
About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email: [email protected]"
0 notes
Text
Powder Coatings Market - Forecast(2024 - 2030)
Powder Coatings Market Overview
The Powder Coatings Market size is forecasted to reach US$18.2 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Powder coating is a dry finishing process in which free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted and then allowed to dry and harden into a protective coating. Powder coating based on thermoplastic polymers is derived from polyolefins, polyvinyl chloride, polyvinyl fluoride, polyester and so on whereas thermoset-based powder coatings are derived from epoxy, polyester, acrylic, polyurethanes and so on. Powder coating imparts a high-quality, durable finish, that allows for improved efficiency and is eco-friendly. Powder coatings are based on polymer resin systems. The environmental advantages offered by powder coatings compared to liquid coating methods drives the powder coatings market. The pandemic resulted in shortages of raw materials and supply chain disruptions. According to Echemi, a chemical industry B2B website, there were shortages of neopentyl glycol that is used in many of the resins for powder coatings and triglycidyl isocyanurate which is a curing agent used in polyester powder coatings. This resulted in price hikes of over 60% in the Powder Coatings industry.
Powder Coatings Market Report Coverage
The “Powder Coatings Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Powder Coatings industry.
By Resin Type: Thermoset (Epoxy, Polyester, Acrylic, Fluoropolymer, Polyurethanes and Others) and Thermoplastic (Polyamide, Polyolefin, Polyethylene, Polyvinyl Chloride, Polypropylene and Others).
By Coating Method: Fluidized Spray, Electrostatic Fluidized Bed, Electrostatic Spray and Others.
By Substrate: Metal (Steel, Aluminum and Others) and Non-Metal (Plastic, Wood, Ceramics, Glass and Others).
By End-Use Industry: Automotive [Two-wheelers (Scooters and Bikes) and Three/Four-wheelers (Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles)], Construction (Outdoor Construction and Indoor Construction), Appliances (Refrigerator, Water Coolers, Vending Machines, Washing Machines, Air Conditioners/Coolers, Electrical Fans, Kitchen Blenders/Mixers, Vacuum Cleaners, Water Heaters, Ovens & Chimneys, LPG Cylinders and Others), Electrical & Electronics (Transformers, Generators, ATM Machines, Industrial/Commercial Systems, Electrical Motor Stators/Rotors, Electric Meters & Connectors, Computer Room Floor System and Others), General Industrial (Industrial Carts & Power Tools, Storage & Racking, Escalators & Elevators, Lockers, Walls & Fittings, Water Pumps, Steel Drums, Pipes & Rebars and Others), Furniture (Outdoor Metal Furniture, Beds & Chairs, Benches and Others), Medical, Transportation & Equipment (Railways, Industrial Transportation, Construction Equipment, Agricultural Equipment, Marine, Aerospace) and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa)
Request Sample
Key Takeaways
The Asia-Pacific region dominates the powder coatings market on account of the increasing construction activities and the recovering automotive industry. According to Invest India, the construction industry in India is expected to reach $1.4 trillion by 2025.
There are two types of powder coatings, thermoplastic and thermoset. Thermoplastic powders are commonly derived from polyolefins, polyvinyl chloride and polyvinyl fluoride while thermosetting powders are derived from acrylic, epoxy and polyester resins.
Thermoplastic powder coating melts and flows when heat is applied but continues to have the same chemical composition once it cools and solidifies. On the other hand, thermoset powder coatings will not melt when heated after curing.
The major opportunity for this market is developing thin-film coatings.
A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the powder coatings market report.
Powder Coatings Market Segment Analysis – by Resin Type
The thermoset segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 7.2% during the forecast period of 2022-2027. In the powder coating process, as the powder heats and melts it flows around the surface of the object and undergoes a chemical change called cross-linking which forms a hard and durable coating. Thermosetting coatings do not re-melt when they are cooled after heat is re-applied. In its powdered state, thermoset material tends to have a much lower molecular weight than other coating materials, usually requiring less heat to melt, making it more energy efficient. Thermoset powders are commonly derived from epoxy, acrylic, polyester and polyurethane groups. The most frequently employed are epoxy and polyester-based resins. Epoxy resin-based thermoset powders form a tough impact-resistant coating that has excellent corrosion resistance, so they are used for internal applications. Polyester-based coatings have the added advantage of being highly UV resistant, making them an ideal choice for outdoor applications. Thus, the thermoset segment is anticipated to dominate the powder coatings market.
Inquiry Before Buying
Powder Coatings Market Segment Analysis – by Application
The construction segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 8.3% during the forecast period of 2022-2027. Powder coating can be used for metal components such as door frames, railings, window frames, fencing, shelters, storefronts, façade or other areas of buildings. According to WSP, around 25% of the overall construction cost is the façade, with the metal contributing a major part of the cost. Powder coating can prevent corrosion and minimize re-coating as it imparts a long-lasting coating. The powder coat is more resistant to scratching, fading, erosion or other types of damage that can ruin the aesthetic appeal of a building The latest trend in the construction industry is low-emitting products and sustainable buildings. According to the U.S. Green Building Council (USGBC), 1,105 projects have been certified with LEED certification for green buildings in the U.S. in 2021. Powder coatings are solvent and VOC-free and produce less waste than other coating methods, making them a clear choice for green buildings. Thus, the construction industry is expected to dominate the market.
Powder Coatings Market Segment Analysis – by Geography
The Asia-Pacific region held the dominant Powder Coatings Market share up to 60% in 2021 owing to the rising consumption of powder coatings from the automotive, construction and appliances sector. The construction activities in the region rebounded after the initial lockdown in 2020. The government of India has made several investments in construction and infrastructure to aid in development. As per a report by the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry recorded a 47% growth in the second quarter of FY2021-22. According to a news report in Reuters, in FY22-23, US$529.7 billion will be invested to further drive economic growth across the country. China’s construction sector is expanding rapidly. according to the National Bureau of Statistics, China’s construction output is estimated to be worth approximately US$4.3 trillion in 2021. China plans to invest US$1.43 trillion in key construction projects as part of its 14th five-year plan. As per the National Development and Reform Commission (NDRC), the Shanghai plans call for a total investment of US$38.7 billion over the next three years. The Japanese construction industry is expected to boom as the World Expo will be hosted in Osaka, Japan in 2025. Therefore, this region is set to dominate the Powder Coatings market.
Schedule a Call
Powder Coatings Market Drivers
Environmental Advantages of Using Powder Coatings
Powder coating is the green process of choice for finishing operations. It produces less waste than other finishing processes such as liquid coating. The use of powder coating aids in eliminating waste because, after application, the powder coating overspray can be reclaimed and reused. These types of reclamation practices keep overhead costs low while minimizing environmental impacts. Solvents contain volatile organic compounds (VOCs) which are detrimental to the environment. In liquid coatings, the average VOC content is between 3.5 to 5.5 pounds per gallon, which is approximately one-third to one-half of each gallon of the liquid coating being emitted into the environment during the application process. Since powder coating lines do not require the use of solvents, they do not emit VOCs and can operate with reduced energy, faster curing and lower temperatures. This makes powder coatings highly attractive from an environmental perspective. Innovations in the powder coatings industry strive to make it even better. For instance, in early 2020, Sherwin-Williams General Industrial Coatings division launched the Powdura ECO line made from a resin that uses pre-consumer recycled polyethylene terephthalate (rPET). Thus, the environmental advantages offered by using powder coatings drive the market.
Growing Usage of Powder Coatings in Electric Vehicles
The growth of electric vehicles (EVs) can be attributed to increasing oil prices and growing awareness regarding climate change. According to the International Energy Agency (IEA), in 2021, sales of electric cars (including fully electric and plug-in hybrids) doubled to a new record of 6.6 million. Sales kept rising in 2022 as well, with 2 million electric cars sold worldwide in Q1 2022, up almost 75% compared to Q1 2021. To keep EV motors and batteries operating efficiently, it’s important to maintain an optimum temperature range. Sometimes EV motors can generate operating temperatures that may exceed 200°C. Powder coatings are used to insulate battery boxes and isolate thermal activity. To take advantage of the growing EV market, powder coating manufacturers are launching products that cater to EVs. For instance, in January 2022, Arkema announced high-voltage coating solutions for electric vehicles. The two new polyamide 11 powder coating grades with UL certification were introduced for use in electric vehicle battery systems and other applications. Thus, the growing usage of powder coatings for EVs drives the market.
Powder Coatings Market Challenge
High Initial Investment
The major restraint in the Powder Coatings market is the high initial investment required to set up the powder coating equipment. Liquid coating applications only require a spray gun and a spray area. Comparatively, a powder coating workshop needs a spray gun, spray booth and curing oven. The addition of the curing oven adds significantly to the initial start-up costs for powder coating. The size of the curing oven purchased needs to take into account the maximum part size that can effectively be handled. Larger, thicker and heavier parts require a larger and more powerful oven, which further adds to the overall equipment costs. While metals can be powder coated using electrostatic spray deposition, non-metals require a fluidized bed powder coating application. The need for a fluidized bed also increases the overall equipment costs for the establishment of a complete powder coating facility. This can prove to be a challenge for the powder coatings market.
Buy Now
Powder Coatings Industry Outlook
Product launches, acquisitions and R&D activities are key strategies adopted by players in the Powder Coatings market. The top 10 companies in the Powder Coatings Market are:
PPG Industries
AkzoNobel Powder Coatings
BASF SE
Axalta Coating Systems
The Sherwin Williams Company
Jotun
Valspar Corporation
Nippon Paint Holdings Co. Ltd.
Kansai Nerolac Paints Limited
Tiger Coatings
Recent Developments
In June 2022, Polychem launched a new powder coating collection called the Effects Collection. The collection features powder special effects, such as speckles, translucents, metallics, sparkle translucent, veins, patina effects, river textures, fine textures and dramatic illusion colors, available in a variety of colors.
In May 2022, AkzoNobel Powder Coatings launched a comprehensive range of ready-to-ship powder coatings ranges specifically for the North American market. The range comprises approximately 500 unique powder coatings, with a broad variety of premium quality colors, textures and finishes.
In February 2022, PPG announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The acquisition will enable PPG to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region.
#Powder Coatings Market#Powder Coatings Market Share#Powder Coatings Market Size#Powder Coatings Market Forecast#Powder Coatings Market Report#Powder Coatings Market Growth
0 notes
Text
Automotive Tubeless Tires Market to grow by CAGR of ~6% During 2022-2031
Research Nester published a report titled “Automotive Tubeless Tires Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global automotive tubeless tires marketin terms of market segmentation by type, vehicle type, distribution channel, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global automotive tubeless tires market is anticipated to grow with a CAGR of 6% over the forecast period, i.e., 2022 – 2031. The market is segmented by vehicle type into two wheelers, passenger cars, and commercial vehicles. Out of this, passenger car segment is anticipated to garner significant revenue in the coming years on account of the adoption of electric vehicles, an increase in the number of passenger cars in developing countries, and an increase in per capita income. In the U.S. economy from 1870 to 2018, the GDP per person has grown at ~2% per year with very short deviations. By selling 3 million new passenger cars, China boosted its sales to 170% in 2021.
The global automotive tubeless tires market is estimated to garner a revenue of USD 240 Billion by the end of 2031, up from a revenue of USD 190 million in the year 2021. Increased raise of two-wheelers, a prominent decline of flat tires with decreased repair facilities, increased production of vehicles with tubeless tires are some major factors anticipated to drive the growth of market size in the forecast period.
Geographically, the global automotive tubeless tires market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, The Asia Pacific region is projected to garner significant revenue by the end of 2031. The sales of passenger cars in the Asia Pacific and Middle East were estimated to be 33 million cars in 2021 with 20 million cars from China.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Surge in Advancements of Technology for Safety and Reliability to Drive Market Growth
Electric vehicles are on boost with electric bikes and cars trending in the market with the advancement of electric batteries in place of fuel. The sales share of new electric cars grew from 1% in 2015 to 14% in 2020. The advancement of this technology in the tire manufacturing industry is estimated to drive the growth opportunities of the market. These tubeless tires are turned into intelligent tires with eco-friendly, and safer with more shelf life. The new advancement includes a self-sealing option where the puncture closes on its own with a squirt of liquid. This helps to reduce fuel costs and expenses in the market and aids in the conservation of fuel reserves. The consumption of fuel is reduced by 0.2% for four tires for one pound of pressure decrease. And milage can be increased by an average of 0.6% up to 3%.
However, high price of raw materials, shortage of supply, and ban of import and export which are expected to operate as key restraint to the growth of global automotive tubeless tires market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global automotive tubeless tires market which includes company profiling of The Goodyear Tyre & Rubber Company, Bridgestone Corporation, Continental AG, MICHELIN Group, MRF (Madras Rubber Factory), Pirelli Tyre & C.S.p.A, Copper Tire & Rubber Company, CEAT Ltd., Yokohama Tire Corporation, Toyo Tire Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive tubeless tires market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Request Report Sample@ https://www.researchnester.com/sample-request-277
0 notes
Text
E-Scooter Sharing Market Unidentified Segments – The Biggest Opportunity Of 2022
Advance Market Analytics released a new market study on Global E-Scooter Sharing Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global E-Scooter Sharing Forecast till 2027*.
E-Scooter-sharing system is a shared transportation service that makes electric motorised scooters available for short-term rentals. E-scooters are typically "dockless," which means they do not have a fixed home location and are dropped off and picked up at various points throughout the service area. E-scooter sharing envisions an easy-to-use mode of transportation that ensures last-mile mobility. The rising popularity of shared mobility via ride-hailing has paved the way for shared e-scooters. Electric scooters are smaller in size and require less parking space. As a result, both governments and e-scooter sharing service providers are encouraging daily commuters to use e-scooter sharing services as a more cost-effective, convenient, and convenient mode of transportation. The majority of providers provide dockless, free-floating services, eliminating the need to pick up and return e-scooters to specific locations.
Key Players included in the Research Coverage of E-Scooter Sharing Market are
Neutron Holdings Inc. (Lime) (United States)
Bird Rides Inc. (Bird) (United States)
Yulu Bikes Pvt Ltd (India)
Social Bicycles (United States)
Voi Technology AB (Sweden)
Bounce (India)
Bolt Technology OÜ (Estonia)
Beam Mobility Holdings Pte. Ltd. (Singapore)
TIER Mobility (Germany)
Spin (United States)
FREE NOW (Germany) What's Trending in Market: Technological Advancement In E-Scooter Sharing
Challenges: Intense Competition Among Player
Opportunities: Increasing Adoption Of Electric Scooter Sharing Services In Developed Countries
Market Growth Drivers: Increasing Incentives Are Boosting The Adoption Of Battery-Operated Two-Wheelers
Increasing The Demand Of Energy-Efficient Automobiles Fuel The Growth For Market
The Global E-Scooter Sharing Market segments and Market Data Break Down by End Use (Commercial, Personal), Parking Models (Free floating, Geo-fenced station, Physical stations), Hire Period (Short Term Rental, Longer Term Rental) To comprehend Global E-Scooter Sharing market dynamics in the world mainly, the worldwide E-Scooter Sharing market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
0 notes
Text
Malaysia Electric Two Wheeler Market Key Players, Future Outlook, Size, Share, Growth, Trends and Forecast 2021–2026: DV Market Research
Malaysia Electric Two Wheeler market is expected to grow at a moderate growth rate by 2026, owing to entry of latest two wheeler models by major OEMs, rise in per capita income, growing demand from young population and growing support from the government in form of subsidies and tax rebates has increased the popularity of Electric Two Wheeler among the consumers. The report focusses the overall Electric Two Wheeler market size by analyzing historical data from 2016-2020 and future prospect from 2021-2026.
Malaysia Electric Two Wheeler Market: Segment Analysis-
The report has assessed the Malaysia Electric Two Wheeler market on the basis of vehicle type, voltage, speed, distance covered and regional analysis. The segmentation will help the companies to learn about their customers. The report also provides insights on market driver, challenges and key industry trends that are impacting the overall market.
Based on the vehicle type, the scooter/moped segment lead the market in 2019 in terms of volume, owing to rising disposable incomes, associated convenience factor with scooters/moped and easy availability of finance. The electric vehicle segment is anticipated to grow at a robust CAGR by 2025, owing to government initiatives towards the electrification of two-wheelers, investments towards making more domestically produced electric two-wheelers in line with the goal of sustainable development.
Download Free Sample Report
Motorcycle
Scooter/Moped
36 V
48 V
60 V
72 V
<25 km/h
25–50 km/h
>50 km/h
Below 75 miles
75-100 Miles
Above 100 Miles
Malaysia Electric Two Wheeler Market Trends
Regional Analysis
The report has been prepared after analyzing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political factors of the country. The team have closely analyzed the data of revenue, production, and manufacturers of each region. These analyses will help the reader to identify the key regions as potential worth of investment in the coming years.
Breakup by Region:
Central Region
East Region
Northern Region
East Coast Region
Southern Region
Competitive Landscape
This section of the report identifies the key players of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period.
The major players are focusing on increasing their sales and distribution network in order to capture the untapped market. Other growth strategies include joint ventures, mergers & acquisitions and partnerships.
Related Reports
Thailand Two Wheeler Market Size, Share, Trends Analysis & Forecast & Opportunities, 2016 -2026
Saudi Arabia Two Wheeler Market Size, Share, Trends Analysis & Forecast & Opportunities, 2016 -2026
Contact Us:-
DV Market Research
Prateek, Head Marketing & Communications
+91 8587911962
#Electric Two Wheeler Market#Malaysia Electric Two Wheeler Market#Malaysia Electric Two Wheeler Industry#Malaysia Electric Two Wheeler Market Size#Malaysia Electric Two Wheeler Market Share#Malaysia Electric Two Wheeler Market Trends#Malaysia Electric Two Wheeler Market Growth#Malaysia Electric Two Wheeler Market Analysis#Malaysia Electric Two Wheeler Market Forecast#Malaysia Electric Two Wheeler Market Research Report
0 notes
Text
Malaysia Electric Two-Wheeler Market Size, Share, Growth and Development 2024
The Malaysian electric two-wheeler market is primarily driven by anticipated government initiatives in the coming years along with the need to curb the vehicular emissions. The country had set out the target to support adoption of over 100,000 EVs by 2020.
Request for Free Sample Copy of this Research Report at: https://www.vynzresearch.com/automotive-transporation/malaysia-electric-two-wheeler-market/request-sample
E-scooters hold the largest share in the Malaysian market, in terms of revenue as well as fleet size. E-motorcycles are anticipated to witness the fastest growth during the forecast period.
Lower prices are the primary reason behind the highest share of sealed lead acid battery in the Malaysian electric two-wheelers market. Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheeler holds the largest share in the Malaysian electric two-wheeler market, followed by 36V two-wheelers.
Read Full Research Report Description at: https://www.vynzresearch.com/automotive-transporation/malaysia-electric-two-wheeler-market
Some of the key players offering electric two-wheelers in the country include Eclimo Sdn. Bhd., Airwheel Holding Limited and Ningbo MYWAY Intelligent Technology Co. Ltd.
Source: VynZ Research
#Malaysia Electric Two-Wheeler Market#Malaysia e-scooter#Malaysia e-bikes market#Malaysia Electric Two-Wheeler Market Size#Malaysia Electric Two-Wheeler Market Share
0 notes
Text
Malaysia Two Wheeler Market.
Malaysia Two Wheeler market is expected to grow at a moderate growth rate by 2031, owing to rise in per capita income, easy financing options and growing demand of electric two wheeler has increased the popularity of Two Wheeler among the consumers.
0 notes
Link
0 notes
Text
Vehicle Electrification Market Surge to Witness Huge Demand at a CAGR of 11.6% during the forecast period 2028
Industry Analysis
Vehicle electrification market is expected to witness market growth at a rate of 11.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on vehicle electrification market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for alternatives to petroleum-based fuels from the automotive industry is escalating the growth of vehicle electrification market.
Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-vehicle-electrification-market
Market Insights and Scope
Vehicle electrification is referred to a variety of technologies that utilizes electricity to boost a vehicle. Electric vehicles are designed in order to run on electricity, and the utilization of fossil fuels is decreased. Electric vehicles are also expected to assist in accomplishing the target of low carbon emissions from vehicles.
The Vehicle Electrification Market report encompasses various segments linked to Automotive industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.
Get full access to the report: https://www.databridgemarketresearch.com/reports/global-vehicle-electrification-market
Industry Segmentation and Size
The vehicle electrification market is segmented on the basis of product type, voltage, vehicle type, degree of hybridization, channel type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product type, the vehicle electrification market has been segmented into start-stop, EPS, liquid heater PTC, electric air conditioner compressor, electric vacuum pump, electric oil pump, electric water pump, thermoelectric generator, electric turbocharger, starter motor, alternator, ISG and actuator.
On the basis of voltage, the vehicle electrification market has been segmented into 12V, 14V, 24V, 48V.
On the basis of vehicle type, the vehicle electrification market has been segmented into passenger car (PC), two-wheeler, light-commercial vehicle (LCV) and heavy commercial vehicle (HCV).
On the basis of degree of hybridization, the vehicle electrification market has been segmented into ICE and micro hybrid vehicle, hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV) and FCEV, 48 V Vehicle.
On the basis of channel type, the vehicle electrification market has been segmented into OEMs and aftermarket.
Market Country Level Analysis
The countries covered in the vehicle electrification market report are the
U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
A reliable Vehicle Electrification Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The Automotive business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Industry Share Analysis
The major players covered in the vehicle electrification market report are
Ford Motor Company, Volkswagen AG, Continental AG, Robert Bosch GmbH, Magna International Inc., Westfalia-Automotive GmbH, TowGo, LLC, WABCO, Carit Automotive GmbH & Co. KG, Daimler AG., Valeo, Garmin Ltd., Cogent Embedded, Inc., DornerWorks, Ltd., Jaguar Land Rover Limited, POCLAIN HYDRAULICS, General Motors, BorgWarner Inc., DENSO CORPORATION, Johnson Electric Holdings Limited, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
Browse Related Reports@
Global Whiskey Market
South Africa Battery Market
Global Plant-Based Egg Market
Global Nutritional Beverages market
MENA Tahini market
Global Dental Membrane and Bone Graft Substitute Market
About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact: Data Bridge Market Research Tel: +1-888-387-2818 Email: [email protected]
#Vehicle Electrification Market Growing Popularity#Vehicle Electrification Market Global Leading Brands#Vehicle Electrification Market drivers-advantages#Vehicle Electrification Market Segmentation-CAGR rate#Vehicle Electrification Market Demands-Size-Share-Top Trends#Vehicle Electrification Market Industry-Competitors#Vehicle Electrification Market Growth-Competition#Vehicle Electrification Market 2028 by Types-Application#Vehicle Electrification Market Automotive Industry
0 notes
Text
Automotive Wiring Harness Market to Scale New Heights as Automotive Wiring Harness Players Focus on Innovations 2022 – 2027
Advance Market Analytics released a new market study on Global Automotive Wiring Harness Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Automotive Wiring Harness Forecast till 2027*.
Automotive wiring harness is an organized set of electrical wires, connectors or an electrical wiring system, which is used to convey electricity and signals in automobiles. It functions as blood vessels and nerves of the human body. Wiring harness is used in various industries, but the automotive industry is being one of the largest consumers. These harnesses combine different electrical devices and electronic devices into a single system. The automotive wiring harness has applications in the two-wheelers, three-wheelers, cars, utility and commercial vehicles. They are designed as per requirements in the automotive.
Key Players included in the Research Coverage of Automotive Wiring Harness Market are Sumitomo (Japan)
Yazaki (Japan)
Furukawa Electric Co., Ltd. (Japan)
Aptiv (United Kingdom)
Lear Corporation (United States)
Leoni AG (Germany)
THB Group (United States)
Nexans Autoelectric (Germany)
Samvardhana Motherson Group (India)
Yura Corporation (South Korea) What's Trending in Market: Emerging Market of Semiautonomous and Autonomous Vehicles
Challenges: Fluctuating Prices Of the Raw Materials
Overheating and Short Circuit of the Wiring
Opportunities: High Growth Potential in Developing Countries
Rising Demand from Electric Vehicle Market
Market Growth Drivers: Growing Automotive Industry Worldwide
Improves Fuel Efficiency and Superior Performance
Rising Demand for Electric Vehicles
Demand for Vehicles with Improved and Advanced Features
The Global Automotive Wiring Harness Market segments and Market Data Break Down 2812 To comprehend Global Automotive Wiring Harness market dynamics in the world mainly, the worldwide Automotive Wiring Harness market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
0 notes
Text
Overview of Malaysia Electric Vehicle Industry and Market Size: Ken Research
Buy Now
The electric vehicle market in Malaysia recorded a negative CAGR of ~xx% on the basis of revenue in between 2016 and 2021. The slowdown in growth is attributed to the lack of domestic manufacturers in the ecosystem, resulting in imports of these vehicles which ultimately, shoots up the price of EVs. Coupled with that, the advent of COVID-19 also impacted the EV market due to consumer’s financial constraints and job losses. The electric vehicle market in Malaysia is heavily dependent on international manufacturers as national brands such as Proton and Perodua have not been able to establish its presence in the EV market as of 2021. However, consumers increasing awareness on environmental hazards along with favorable government initiatives such as income tax and sales tax exemptions for purchasing EVs will contribute in the growth of EV four-wheeler market in coming years. Malaysia wants to encourage people to adopt electric vehicles and other fuel-efficient vehicles. The electric vehicle market in Malaysia will witness rapid transformation with the advancement of solid-state battery technology which increases the efficiency of the battery performance. The Malaysian electric vehicle market is still in its early phases of development. The Malaysian government's EV rules and the continued introduction of new models contribute to the country's EV market growth.
Along with being noisy, the mushrooming number of conventional cars, motorcycles and scooters is driving up energy consumption, air pollution and greenhouse gas emissions. To combat those problems, Malaysia, with support from the United Nations Environment Programme (UNEP), is encouraging drivers to trade in gas-guzzlers for electric motorbikes.
UNEP has worked with electric vehicle associations in Malaysia, the Philippines, Singapore and Thailand to develop comprehensive recommendations for policymakers to spur the adoption of electric two- and three-wheelers. The incentives announced in Budget 2022 are expected to kick start EV adoption among the general public and the plans for government fleet electrification will further pave the way to instill public confidence and interest.
In Malaysia, the launch of the National Low Carbon Cities 2030 plan, entails the establishment of 200 low carbon zones across the country, which may bring about a greater push for green vehicle options, including EVs.
Malaysia Electric Vehicle Market Segmentation, 2021
By Type of Electric Vehicle (4-Wheeler and 2-Wheeler):
In 2021, Electric 4-Wheelers dominated the Electric Vehicle Market in Malaysia and generated a revenue of USD xx Million. Electric 2-Wheelers helped in contributing xx% of the total Electric Vehicle market in Malaysia generating a revenue of USD xx Million.
By Type of Electric two-wheeler (e-scooter and e-motorcycle):
E-Motorcycle dominated the Electric two-wheeler market in Malaysia by contributing xx% to the total revenue share in 2021. The rise of taxi and delivery services created demand for e-motorcycle
By Type of E2V Battery Capacity (<25Ah and >25Ah):
In 2021, Electric 2-Wheelers using a battery capacity of <25Ah dominated the market by capturing a market share of xx% with a revenue of USD xx Million. In order to get a speed of at least 50kmph, as per the government rules, a battery capacity of more than 50Ah will be required on going way forward.
By Type of E2V Battery Technology (Removable Battery and Non-Removable Battery)
Electric 2-Wheeler Vehicles can also be segmented on the basis of Type of Battery Technology. Non-Removable Battery and Removable Battery. Non-Removable Battery dominated the market by capturing xx% of the market share.
Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY1
By Type of E2V Battery Type (Lead Acid and Lithium Ion)
Improved discharge and charging efficiency coupled with longer life span contributed in enhancing the demand of lithium-ion batteries compared to lead acid batteries. Although, lithium-ion batteries are much more expensive that its counterpart but their maintenance free feature will match their higher price tag, which will be preferable to consumers.
By Type of E4V Technology (BEV, PHEV, and HEV):
Electric 4-Wheeler Vehicles can also be segmented on the basis of type of technology: Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV), and Battery Electric Vehicles (BEV). xx% of the revenue contribution is from Hybrid Electric Vehicles (HEV) which is mostly used in EV Brands offered by Honda. Other brands offering HEV are Nissan, Audi, and Toyota.
By Type of E4V Class (Mid-priced (less than 300,000) and Luxury (more than 300,000)):
Malaysia, xx% of the revenue from the Electric 4-Wheeler market was generated through the Luxury segment which is priced above 300,000. Examples include BMW, Porsche, Tesla, Mercedes, etc.
Competitive Landscape in Malaysia Electric Vehicle Market, 2021
Malaysia’s Electric Vehicle Industry is consolidated with presence of limited players for 2-wheelers as well as 4-wheelers in Malaysia. These players compete with each other on the basis of products offered, product quality, value added services, product pricing, its features, battery technology type, battery capacity, battery type, voltage type etc. All the electric 4-wheeler brands available in Malaysia are imported. Local 4-wheeler brands such as Proton and Perodua are yet to launch electric 4 wheelers in Malaysia. Companies like Eclimo has adopted a B2B model, where they rent/sell their electric 2-wheelers to corporates such as KFC. Renting electric 2-wheelers and 4-wheelers has been increasing in Malaysia.
Future outlook of Malaysia Electric vehicle, 2021-2026E
Electric vehicle market in Malaysia is estimated to generate a revenue of USD xx Million in 2026E, expanding at a CAGR of xx% in between 2021 and 2026E. One of the major determinants for the surging growth in coming years is attributed to the government initiatives and policies supporting the EV industry such as exemption of import duty, excise and sales tax for CBU and CKD electric vehicles till 2023 and 2025 respectively. Coupled with that, income tax exemption for individuals up to RM 2,500 on the cost of installation, rent, hire or purchase for electric vehicle charging facilities will serve as a catalyst for the growth of the industry. Increasing awareness on environmental impacts and consumer’s consciousness towards limiting carbon footprint will also contribute in increasing the business potential of EV players.
The electric vehicle market in Malaysia will witness rapid transformation with the advancement of solid-state battery technology which increases the efficiency of the battery performance.
The industry is expected to record less number of EVs sold after 2023E as the exemption period of tax and import duties are lifted.
Key Topics Covered in the Report
Ecosystem of Electric Vehicles Industry
Value Chain Analysis of Electric Vehicles Industry
Business Models of Major Entities in the Electric Vehicles Industry
Customer Preferences and Buying Decision Behavior in Electric Vehicles Industry
Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume
Market Potential of Malaysia Electric Vehicles Market
Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type
Competitive Scenario of the Electric Vehicles Industry
Issues and Challenges in Electric Vehicles Market
Trends and Developments in the Electric Vehicles Industry
Porter’s Five Forces analysis of the Electric Vehicles Industry
Growth Drivers of Electric Vehicles Industry
Challenges and Restraints in the Electric Vehicles Industry
Government Rules and Regulations in the Electric Vehicles Industry
Impact of Covid-19 and Government Regulations on Electric Vehicles Industry
Future Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume
Future Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type
Industry Speaks
Analyst Recommendations
Research Methodology
For more information on the research report, refer to the below link:
Malaysia Electric Vehicle Market Outlook to 2026
Related Reports
UAE Electric Vehicle Charging Equipment Market Outlook To 2026: Driven By Government Support And Incentives With The Increasing Focus To Achieve Green And Sustainable Economy
Malaysia Automotive Lubricant Market Outlook To 2025- Driven By Growing Adoption Of High-Performance Lubricants, Increasing Vehicles On Road Coupled With The Availability Of Products On E-Commerce Platforms
Malaysia Used Car Market Outlook To 2026F (Third Edition) – Demand For Used Cars Increased Due To Shift In User Preference Towards Personal Mobility, Induced By Covid-19
Follow Us
LinkedIn | Instagram | Facebook | Twitter
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
0 notes
Text
India Ev Charging Equipment Market Growth Is Fostered By Surge In Government Initiatives: Ken Research
Buy Now
Electric vehicle charging systems are utilized to link the plug-in electric vehicle and electric vehicle to an electricity outlet to charge the battery of the vehicle. In addition, several automobile giants and electric component companies are functioning toward the development of improved electric vehicle charging system to meet the augment in requirement for electric vehicles.
According to the report analysis, ‘India EV Charging Equipment Market Outlook to FY'2026 – Driven by Increasing Adoption of Electric Vehicles along with Implementation of FAME II Policy by Government’ states that India, the world's 6th greatest economy by nominal GDP and the 3rd greatest by PPP, is characterized as a middle-income underdeveloped market economy. 2- and 3- Wheelers that register for close to 50% share register the Indian urban mobility modal share. EVs are slowly obtaining traction with less than 2% of vehicles positioned as EVs in India. The charging infrastructure in India is presently quite under-developed with as several as 26 EVs per charger available in the country, associated to only 8 in China and 17 in the US. There are ~300 community charging stations across India, of which 22 were fast-charging points in 202. However, India EV Charging Equipment Market attained significant momentum after the implementation of the FAME India scheme. The Department of Heavy Industry (DHI) also scheduled to incentivize 1,000+ charging stations with 6,000+ chargers, which is the foremost growth driver for the market. Shortage of Space, Infrastructure, and Manpower for Setting-Up along with High Initial Cost of Charging Equipment and Installation are the foremost challenges in India EV Charging Equipment Market.
The market is extremely fragmented with the existence of foremost private and public entities setting up charging infrastructure in several potential locations around India. Different types of EV Chargers are obtainable in the Indian Market entailing of Type 1, Type 2, AC and DC, unidirectional and bidirectional charging catering to e4W, e3W as well as e2W. While EESL stands out in the race, due to its bagging of all the foremost contracts under FAME I scheme and being a public entity, other companies such as ABB, Fortum, Aeidth, EESL, Ather Energy, Volttic, Charge+Zone are also the foremost players in the market. To be price competitive and decrease the risk that comes from the mere sale of energy, CPOs may require to explore partnerships and adjacent offerings.
Request For Sample Report-http://kenresearch.com/sample-report.php?Frmdetails=NTA0Mzg2
India EV Charging Equipment Market is projected to create the substantial revenues owing to augment in market penetration of EVs and increment in government initiatives for advancement of EV charging infrastructure. With the accurate government policies, a local supply chain, lower battery prices and extensive charging infrastructure, the EV market could contribute $6.4 Bn during next 5 years. eRickshaws, eAutos, and e2Ws are the most auspicious segments for electrification in India and are predicted to account for more than 4 million units by 2025. Further, restricted number of EV charging stations, shortage of standardization of EV charging, increment in demand for luxury and feature allowed vehicles, and wireless charging for EVs to have strong impact on the market.
For More Information, refer to below link:-
India Ev Charging Equipment Market Research Report
Related Reports
Vietnam Used Car Market Outlook to 2026 (Second Edition): Driven by growing disposable income and shifting consumer preference from two-wheelers to four-wheelers
Malaysia Automotive Lubricant Market Outlook to 2025- Driven by growing adoption of high-performance lubricants, increasing vehicles on road coupled with the availability of products on E-commerce platforms
Follow Us
LinkedIn | Instagram | Facebook | Twitter | YouTube
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
0 notes