#Malaysia Electric Two Wheeler Market Trends
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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.
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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?
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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.
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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
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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.
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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
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#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
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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
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Electric vehicles battery market will reach at an estimated value of USD 131.13 billion and grow at a CAGR of 16.83% in the forecast period of 2021 to 2028. Growing demand for low emission and electric vehicles globally is an essential factor driving the electric vehicles battery market.
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#Electric Vehicles Battery Market size#Electric Vehicles Battery Market forecast#Electric Vehicles Battery Market Demand
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Electric vehicle offer various benefits over conventional fuel based vehicles such as low operational cost, zero carbon emission and others as they source energy from electricity. Consumer’s changed attitude towards electric vehicles is augmenting the market growth as they are more concerned over environmental pollution.
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Tire Cord Market CAGR of 7% During 2023 – 2035
Research Nester published a report titled “Tire Cord Fabric Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global tire cord fabric in terms of market segmentation by material, tire type, application, vehicle type 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 tire cord fabric market is anticipated to grow with a CAGR of ~7% during the forecast period, i.e. 2023-2035. The market is segmented by vehicle type into passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others. Out of these, the passenger cars segment is anticipated to garner the highest revenue by 2035, owing to its increased sales and production worldwide.
The global tire cord fabric market is estimated to garner a revenue of ~USD 25 Billion by the end of 2035, up from a revenue of ~USD 7 Billion in 2023. Tire cord fabrics are used in the tire manufacturing process as a reinforcing material to eliminate the chances of deformation, and to provide strength and abrasion resistance properties. Tire cord fabrics are also used in the manufacture of rubber hose, air springs, expansion joints, and conveyor belts and many other things owing to its advantages. Further, the growing concern of reducing greenhouse gas emissions, as well as rising demand for economical fuel-efficient vehicles, are some of the factors expected to drive market growth over the forecast period.
Geographically, the global tire cord fabric market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimate to garner the largest market share by the end of 2035, on the back of increased sales and production of vehicles.
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.
Access our detailed report at: https://www.researchnester.com/reports/tire-cord-market/4921
Rise in Demand and Sales of Automobiles to Drive the Market Growth
To avoid road accidents, the automotive industry is heavily reliant on robust tires. The great stability that is provided by tire cord fabric is expected to drive its demand in the future. Additionally, tire cord fabric is beneficial for improving vehicle performance and lowering fuel consumption by absorbing a greater amount of weight and pressure for a longer period of time. The global demand for electric vehicles, luxury and premium vehicles, and self-driving cars in the automotive industry is expected to boost the tire cord market during the forecast period. As per recent estimates, the global sales of luxury and sports cars in 2026 is expected to rise to 200K and 919K respectively.
However, high costs of raw materials coupled with increased preference of re-treading in commercial car sector is expected to operate as key restraints to the growth of the global tire cord fabric market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global tire cord fabric market which includes company profiling of Indorama Ventures Public Company Limited, Kolon Industries, Inc., Mitsubishi Chemical Corporation, Hyosung Group, Toray Industries, Inc., Solvay SA, SGL CARBON SE, Bridgestone Corporation, Arkema group, KORDSA TEKNİK TEKSTİL ANONİM ŞİRKETİP, BASF and others. 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 tire cord fabric 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.
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Electric Vehicles Market to Enjoy Explosive Growth by 2027
The global Electric Vehicles Market is expected to reach USD 793.24 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing environmental awareness among consumers and increasing government initiatives regarding the adoption of Electric Vehicles to reduce the emission levels in the environment. Increasing research and development for the technological advancement of the products is augmenting the demand for the industry.
The pandemic has severely affected the automotive & transportation industry and disrupted the supply chain, raw material supplies, and demand for the product in the automotive industry. As people are facing a financial crisis, there are changes in consumer buying behavior, which can adversely affect the industry. The liquidity shortfall and the cash crisis have already affected the sales of the product. Additionally, many companies are withdrawing their investments, and the government of several countries is cutting down the incentives provided by them earlier, which are hampering the growth of the market.
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Key Highlights From The Report
· The Commercial Vehicle is expected to register the highest CAGR of 23.0% over the forecast period as the government of the developing countries is replacing the fuel-based bus with electric buses in order to reduce the CO2 emission.
· Asia-Pacific has the highest adoption rate in the market due to the increasing urban population in countries such as China, Malaysia, India, and Indonesia and the increasing disposable income of the consumers.
· Key participants include Volkswagen Group, Tesla Motors, BYD Company Ltd., Ford Motor Company, Nissan Motor Company, Toyota Motor Corporation, Daimler AG, BMW, Mitsubishi Motors Corporation, and Hyundai, among others.
Electric Vehicles Market Segmentation:
Emergen Research has segmented the global Electric Vehicles Market on the basis of Product, Vehicle Type, Vehicle Class, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
· Plug-in hybrid electric vehicle (PHEV)
· Battery electric vehicle (BEV)
· Hybrid electric vehicle (HEV)
· Fuel cell electric vehicle (FCEV)
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
· Commercial Vehicle
· Two wheeler
· Passenger Car
Vehicle Class Outlook (Revenue, USD Billion; 2017-2027)
· Luxury
· Mid-Priced
The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, AsiaPacific, and Middle East & Africa.In conclusion, the research report on the Electric Vehicles market assesses growth prospects, opportunities, challenges, risks, threats, and trends to offer a comprehensive idea of the regional and global Electric Vehicles market.
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Key inferences influencing the revenue patterns of the market:
· The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Electric Vehicles market into a wide product spectrum.
· The study covers essential data pertaining to the application landscape of these products, the demand for and market share held by each application type, along with their growth rate analysis over the estimated period.
· A meticulous description of the distribution channels, including distributors, producers, and buyers, is one of the key highlights of the global Electric Vehicles market report.
Table Of Content:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Electric Vehicles Market Segmentation & Impact Analysis 4.1. Electric Vehicles Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing Environmental Awareness 4.2.2.2. Increasing R&D for the development of new technologies 4.2.2.3. Rising investments in Electric Vehicles by manufacturers 4.2.2.4. Increasing Government schemes and initiatives 4.2.3. Market restraints analysis 4.2.3.1. Growing Budget constraints 4.2.3.2. Lack of charging infrastructure 4.2.3.3. High cost of the Electric Vehicles 4.2.3.4. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
READ MORE…!
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