#Philippines Car Rental Market Trends

[kenresearch1]

Philippines car rental market is in the growing stage, driven by the increase in disposable income and the rising demand from tourist activities: Ken Research

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With the Covid’19 pandemic getting over and removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years as renting a car for travel is faster and more convenient than public transport or other means to get around the city.

Covid Impact on Market: Before the pandemic, between 2017 and 2019, the market was surging at a steady rate as the service was becoming more popular among users due to its affordability and convenience and higher internet penetration. Post pandemic, the market demand was highly impacted and negatively affected. The long duration of lockdowns forced companies to lay off the vehicles to reduce their loss and hence, the fleet size decreased.

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Demand from Tourist Activities: With the travel restrictions and safety concerns, the tourist movement completely stopped. Along with that, offices were operating remotely, hence there was not much demand in the market. With the removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years.

Increase in Disposable Income: With an increase in disposable income of people from the previous year, the paying capacity of people have increased. With this people has been spending more than earlier on renting cars.

Analysts at Ken Research in their latest publication “Philippines Car Rental Market Outlook to 2027F - Driven by the increase in tourism and business activities along with deeper internet penetration and adoption of digital services.” observed that the Philippines car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased internet penetration and the adoption of smartphones. The Philippines Car Rental Market is expected to grow at robust CAGR over the forecasted period 2022P -2027F.

Key Segments Covered in the report

Philippines car Rental Market

By Type of Booking

Online market

Offline market

By Type of Car

Small Cars(PHP 3500-7500 / Per trip)

Medium(PHP 3500-7500 / Per trip)

Luxury(PHP 7500+)

By Purpose

Leisure

Business

Philippines Car Leasing Market

By Type of Region

Manila

Luzon

Visayas

Mindanao

By Time Duration

1 year

2 year

3 year

4 or more year

By Vehicle Price Range

Sedan(PHP 20000-35000

SUV(PHP 35000-50000)

Premium(PHP 50000+)

By Type of End User

Corporate

Retail Individuals

Philippines Ride Hailing Market

         By Type of Region

Metropolitan

Non Metropolitan

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Philippines Ride Sharing Market

By Point of Service

Rest Area

At Airport

By Type of Car

Sedan

SUV

By Type of Distance

Short distance

Long distance

Philippines Self-Drive Car Rental Market

By Type of Region

Metro cities

Non metro cities

By Type of Booking Channel

Online

Offline

By Usage

Intercity

Intracity

By Time Period

1-2 days

A week

A month

By Type of Car

Standard (PHP 1500 + / per hour)

Luxury (PHP 1000-4000/24hours)

By Type of Booking Period

Weekend

Weekdays

By Segment of Car

Standard

luxury

By Status of Ownership

Owned

Leased

By Point of Service

At Airport

Rest area

Key Target Audience

Car Rental Service Providers

Car Rental Companies aiming to establish in the Philippines

Philippines Automotive Industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants

Investors

Car Rental Associations

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027

Companies Covered:

Car Rental

Diamond Rent-a-Car

Luxicar

Voyg

Rent a Car ECLPI

Avis

Hertz

SafeRide

Self-Drive

Europcar

Thrifty

Juzzr Car Rental

Hertz

Voyg

SafeRide

VPI

      Ride Hailing

Grab

JoyRide

Hirna

Maxim

     Ride Sharing

Grab

Hirna

      Car Leasing

Orix

Avis

Diamond Rent-a-Car

Europcar

Herts

ECLPI Rent a Car

Key Topics Covered in the Report

Overview and Genesis of Car Rental Market in Philippines

Ecosystem of Philippines Car Rental Market

Business Cycle of Philippines Car Rental Market

Timeline of Major Players of Philippines Car Rental Market

Value Chain Analysis of Philippines Car Rental Market

Philippines Car Rental Market Sizing, 2017- 2022

Market Segmentations of Car Rental Market in Philippines

Snapshots on different Car Rental Markets in Philippines

Industrial Analysis of Car Rental Market in Philippines

Competitive Analysis of Car Rental Market in Philippines

Future Outlook and Projections of Car Rental Market in Philippines

For More Insights On Market Intelligence, Refer to the Link Below: –

Philippines Car Rental Market Outlook to 2027

Related Reports by Ken Research: –

Vietnam Car Rental Market Outlook to 2027F

Belgium Car Rental Market Outlook 2027F

[mi-researchreports]

The Philippines Car Rental Market is valued at USD 507.62 Million in 2021 and is expected to register a CAGR of over 7.64% during the forecast period, 2022-2027.The report also offers the market dynamics, latest trends, size, share and industry overview.

[apacbusinesstimes]

Aaron Tan: Transforming the automotive industry through CARRO

The automotive industry plays a vital role in the economy of the world. From manufacturing to design, and from marketing to selling cars and auto parts, this industry is rapidly advancing alongside technology and sustainability initiatives. 

Contributing around 3%-7% of the world’s GDP, the ESG actions in manufacturing and selling of electric vehicles are now a green initiative strategy that is being globally adopted. It is also been seen that along with gaining importance noteworthy advancements are also seen in this industry. Here we are discussing one such inspiring entrepreneur who has made the buying and selling of cars easy to people with the adoption of technology.

Co-founder and CEO: Aaron Tan

Aaron Tan is an inspiring entrepreneur who started his journey at the young age of 13. Initially, he dropped the polytechnic college followed by this he secured a government scholarship and later studied at Carnegie Mellon University in the stream of computer science. Next, he played an important hand in contributing to and establishing a building space called BLOCK71 for light manufacturing, for the first time in Singapore. He is a programmer and venture capitalist. 

In the year 2015, Aaron Tan along with his university mates Kelvin Chng and Aditya Leasmana as co-founder started a business called CARRO. With his love for trending and buying cars, he initiated this startup move. This has become one of the unicorns in Singapore as it has raised $480 million within 6 years of establishment. From then to now it is been running successfully and profitably in the automotive industry of Singapore.

To discover more about entrepreneurs, visit Apac Business Times

About CARRO

Now let us understand more about CARRO and the business model adopted by Aaron Tan to make it a unicorn. Carro is a full-fledged platform that deals with all the aspects related to cars from car ownership to other processes like buying and selling. It is an Al-powered technology that uses proprietary pricing algorithms and AI-used capabilities to enhance the experiences. It has gained popularity as it maintains trust and transparency in the process.

Carro has a website and app that anybody who wishes to buy or sell a car can go through. It has all the possible options and details related to a car even including the instalments and more. One who is looking for a car can see all the information starting from model, images, and owners to the number of kilometers the car has run so far. Furthermore, it has the Carro certification of pointers including a money-back guarantee for 5 days, a warranty for the engine and gearbox of 12 months, etc.

Carro is also providing the option to help with the financing of loan approval on the same day, followed by 3.98% loan interest, and loan tenure up to 7 years. You can even reserve the car based on the flexibility in buying. Along with this Carro also provides other services like flexible car ownership experience, repair services, car insurance products, etc. It is the first company in Singapore that provides the services of contactless online car purchases, rental subscriptions, and widely usage-based solutions in insurance. 

Carro has its establishment in the countries of the Apac region like Malaysia, Thailand, Singapore, and Indonesia. It also aims to own the car market in Taiwan, the Philippines, Cambodia, and Vietnam. Unlike other companies and entrepreneurs, even Mr Tan had to face a critical situation during the time of COVID-19 19 where he had to decide on 50% pay to his employees later, he made a strong comeback with the approach of contactless and online-based car services,

Awards and Recognitions 

Carro is one of the most used car-selling platforms and has gained several awards for fostering the mission to be a car marketplace for all automotive needs to customers by providing the best and most trustworthy services. The award of the No.1 spot in The Straits Times was grabbed in the year 2021 and was mentioned in the list of Statista as the fastest-growing company in Singapore.  Aaron Tan the founder of Carro with his visionary and innovative idea has made the process of buying and selling cars easier along with retaining the trust of customers, hence it has paved the way for the automotive industry transformation. He is been an inspiration and aspiring entrepreneur by making Carro a unicorn in Singapore.

Visit More : https://apacbusinesstimes.com/aaron-tan-transforming-the-automotive-industry-through-carro/

[anistransport0]

Navigating the Roads: The Ins and Outs of Long-Term Car Leases in the Philippines

In the bustling archipelago of the Philippines, where the daily commute can be a challenge and public transportation isn't always the most convenient option, the idea of having a personal vehicle becomes increasingly appealing. For those who desire the flexibility of car ownership without the hefty upfront costs, long-term car leasing has emerged as a popular alternative. Let's delve into the unique landscape of long-term car leases in the Philippines.

The Growing Trend:

Long-term car leases have gained traction in the Philippines as an attractive option for individuals and businesses alike. Unlike traditional financing or outright purchases, leasing offers the flexibility to use a vehicle for an extended period without committing to ownership. This trend has been further fueled by the increasing demand for mobility solutions tailored to the diverse needs of Filipinos.

Affordability and Accessibility:

One of the primary advantages of long-term car leases is the affordability they bring to the table. Rather than being burdened with the substantial upfront costs associated with buying a car, lessees can enjoy the benefits of driving a vehicle for an extended period by paying a fixed monthly fee. This model makes car ownership more accessible to a broader range of individuals who may not have the financial means to purchase a vehicle outright.

Variety of Options:

The Philippines car leasing market is dynamic, offering a wide array of options to suit different preferences and requirements. Whether you're a city dweller in need of a compact and fuel-efficient car for daily commuting or a business owner looking to expand your fleet with commercial vehicles, there's a lease option available. From sedans to SUVs, and even electric vehicles, the market caters to the diverse needs of consumers.

Maintenance and Service Packages:

Long-term car leases often come with added perks such as comprehensive maintenance and service packages. Lessees can enjoy peace of mind knowing that routine maintenance, repairs, and other services are covered within the terms of the lease. This not only simplifies the overall ownership experience but also helps lessees’ budget more effectively without unexpected expenses related to vehicle maintenance.

End-of-Lease Flexibility:

When the lease term concludes, individuals have the flexibility to choose the next steps based on their evolving needs. Whether it's upgrading to a newer model, extending the lease, or even exploring the option to purchase the vehicle, lessees have the freedom to adapt their plans according to their lifestyle changes or business requirements.

Challenges and Considerations:

While long-term car leases offer a plethora of benefits, prospective lessees should be mindful of certain considerations. Mileage restrictions, wear and tear charges, and early termination fees are factors that can impact the overall cost and experience of a lease. It is crucial for individuals to thoroughly review the terms and conditions before entering into a lease agreement.

Long-term car leasing in the Philippines is an evolving landscape that provides an appealing alternative to traditional car ownership. With its affordability, flexibility, and diverse options, it's no wonder that more Filipinos are opting for this mobility solution. As the market continues to grow, the choice between ownership and leasing becomes a matter of personal preference and lifestyle, paving the way for a more accessible and convenient driving experience in the beautiful archipelago.

Rent a Car Manila - Anis Transport offer budget friendly Car & Van Rental in Manila, Philippines with the option of Self-Drive & with Driver.Also offering Shuttle Services for Company Employees, Private Airport Transfer Rent Our Car with Driver.

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How Hotels Can Cope Up With the Airbnb Generation Through Information Outsourcing

Sharing services are disruptive innovations. The emergence of the sharing economy may have been favorable for most of today's consumers but affected industries consider these advancements as enemies to economic growth. These unintendedly push for the demise of its traditional counterparts.

Only a few have initiated to reinvent themselves to play along with the game their modern competitor has been winning. As per hotels, Airbnb is not just an enemy but is the technology they still have to adapt.

The Hurting Impact

Airbnb was now regarded as the largest peer to peer hospitality service since its conception in 2008. This platform has been doing the old things by trying new ways. The utilization of digital technology and social media in the marketplace provided a holistic user experience with regards to consumer choices. It has been inconclusive if Airbnb really caused the deflating hotel bookings, but the ballooning industry of Airbnb is undeniable in its own extent.

Apart from moving people to spaces away from establishments, their recent campaign on "living like a local" trended among millennial travelers. Airbnb has also established their online reputation system where previous guests can leave a rating and review.

Intimate and Personal

At the very least, learn from your toughest competitor.

Personalizing the experience has been the trend among generation renters, the millennials. However, hotels need staff who they can talk to 24/7 and to be accountable for their whole hotel experience.

Information outsourcing equips industries with the kind of technology to supplement this need. Apart from a better staff of solutions team is not as risky yet cost- effective as it will improve your services a lot. skilled quality of personalized services, hotels will also have advertising campaigns and marketing designs, alongside. Technology workers could also provide hotels with specified programs and apps, organize their logistics, and even manage their internal processes.

Equipped with your own technology department, you can now easily outsource direct services such as laundry, cleaning, restaurant, janitorial, and even emergency issues. It can also scope reservations, technical support, customer care, airport transfers, and a lot more. This may also include add-on services such as access to airline bookings, travel agents, tourism offices, public transport, or car rentals.

The hospitality industry has been shifting to higher degrees of process automation. Recruitment of technology talents in hospitality would be a great leap to take the game to your advantage and to reclaim the territory back to its rightful owner.

Seasoned recruiters will always have an eye for star performers. Learn more of our best practices in talent acquisition and let us collaborate to achieve your business goals. Visit our website here: https://rensol.com/.

ABOUT THE COMPANY: Rensol Recruitment and Consulting, Inc. is the fastest growing recruitment agency in The Philippines. A career consultant that aims to go above and beyond the level of expectations of both the aspirations of the candidates and the dream team standards of employers through providing exceptional opportunities and unparalleled quality-driven recruitment services.

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Travel Agencies Market Aims to Expand at Double Digit Growth Rate up to 2027 | Asia World Enterprise, Carlson Wagonlit Travel, Central America Travel Services, etc.

Travel Agencies market report is the major research for those who look for an entire analysis of markets. The report covers all information on the Global and regional markets including old and future trends for market demand, size, trading, supply, competitors, and prices as well as Global predominant vendors’ information. We have provided CAGR, value, volume, sales, production, revenue, and other estimations for the global as well as regional markets. The market is designed to serve as a ready-to-use guide for developing accurate pandemic management programs allowing market players to successfully emerge from the crisis and retract numerous gains and profits. The players included in this report are chosen in terms of their product portfolio, market share, brand value, and the well-being of the organizations. Our report based on current situations across the globe. You can get a sample copy of the report here @ https://www.datalabforecast.com/request-sample/57066-travel-agencies-market **Note: Don’t miss the trading opportunities on Travel Agencies Market. Talk to our analyst and gain key industry insights that will help your business grow as you create sample reports. Note- This report sample includes: • Brief Introduction to the research report • Table of Contents (Scope covered as a part of the study) • Research framework (Structure of The Report) • Top players in the market • The research methodology adopted by Data Lab Forecast

North America is expected to hold dominant position in the global Travel Agencies market, owing to increasing collaboration activities by key players over the forecast period.

Travel Agencies Market: Dynamics Based on the current scenario, the industry has a fairly positive impact on the Travel Agencies Market, owing to increasing use and adoption of Travel Agencies during COVID-19. The spread of COVID-19 has forced the industry to drive both a stronger online presence and discover new ways to provide analysis. Hence, end users are adopting market to overcome business challenges. This is increasing spending on Travel Agencies across the globe. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the global Travel Agencies market. The report includes CAGR, market shares, sales, gross margin, value, volume, and other vital market figures that give an exact picture of the growth of the global Travel Agencies market. We have also focused on  SWOT, PESTLE, and Porter’s Five Forces analyses of the global Travel Agencies market.

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Travel Agencies Market

Thinking One Step Ahead In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction. Travel Agencies Market: Impact of COVID-19 The Coronavirus (COVID-19) pandemic has affected every aspect of life worldwide. The report considers the impact of COVID-19 on market growth. The study provides full coverage of the impact of the COVID-19 pandemic on the Travel Agencies market and its key segments. Furthermore, it covers the present and future impact of the pandemic and offers a post-COVID-19 scenario to provide a deeper understanding of the dynamic changes in trends and market scenarios. Travel Agencies Market: Key Players The major market players that are operating in the Travel Agencies market are Asia World Enterprise, Carlson Wagonlit Travel, Central America Travel Services, Regency Travel & Tours, Adelman Travel Group, AdTrav Travel Management, Atlas Travel International, Balboa Travel Management, Cain Travel, Expedia, Frosch International Travel, Global Crew Logistics, Kintetsu International Express, Montrose Travel, Omega World Travel, Ovation Travel Group, Thomas Cook, Travel and Transport, Travelocity, Travelong, TravelStore, TripAdvisor, Uniglobe Travel International, World Direct Travel Detailed Segmentation: Global Travel Agencies Market, By Product Type: ⇛ International and Domestic Airline Bookings, Tour and Packaged Travel Bookings, Accommodation Bookings, Cruise Bookings, Car Rental, Others. Global Travel Agencies Market, By End User: ⇛ Application A, Application B, Application C. Do You Have Any Query or Specific Requirement? Drop Your Query Here @ https://www.datalabforecast.com/request-enquiry/57066-travel-agencies-market The Travel Agencies Market report incorporates the detailed analysis of the leading organizations and their thought process and what are the methodologies they are adopting to maintain their brand image in this market. The report aides the new bees to understand the level of competition that they need to fight for to strengthen their roots in this competitive market. Travel Agencies Market: Prominent Regions •  Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) •  Europe (Turkey, Germany, Russia UK, Italy, France, etc.) •  North America (United States, Mexico, and Canada.) •  South America (Brazil etc.) •  The Middle East and Africa (GCC Countries and Egypt.) What benefits does DLF research studies provide? 1. Supporting company financial and cash flow planning 2. Latest industry influencing trends and development scenario 3. To resize powerful market opportunities 4. A key decision in planning and to further expand market share 5. Identify Key Business Segments, Market proposition & Gap Analysis 6. Assisting in allocating marketing investments Buy Now this Premium Report to Grow your Business @ https://www.datalabforecast.com/buy-now/?id=57066-travel-agencies-market&license_type=su In conclusion, the Travel Agencies Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report. About Us Transforming Information into Insights We pride ourselves in being a niche market intelligence and strategic consulting and reporting firm driven towards resulting in a powerful impact on businesses across the globe. Our accuracy estimation and forecasting models have earned recognition across majority of the business forum. We source online reports from some of the best publishers and keep updating our collection to offer you direct online access to the world’s most comprehensive and recent database with skilled perceptions on global industries, products, establishments and trends. We at ‘Data Lab Forecast’, wish to assist our clients to strategize and formulate business policies, and achieve formidable growth in their respective market domain. Data Lab Forecast is a one-stop solution provider right from data collection, outsourcing of data, to investment advice, business modelling, and strategic planning. The company reinforces client’s insight on factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys, among others. Contact: Henry K Data Lab Forecast Felton Office Plaza 6375 Highway 8 Felton, California 95018, United States Phone: +1 917-725-5253 Email: sales@datalabforecast.com Website: https://www.datalabforecast.com/ Follow Us on: LinkedIN | Twitter | Data Lab Forecast, Travel Agencies, Travel Agencies Market, Travel Agencies Market Research, Travel Agencies market research companies, Travel Agencies market scope, Travel Agencies market size, Asia World Enterprise, Carlson Wagonlit Travel, Central America Travel Services, Regency Travel & Tours, Adelman Travel Group, Market Strategies, DLF

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The increase in internet penetration and adoption of smart phones in the country will boost Philippines Car Rental Market: Ken Research

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1.With increase in internet penetration and digital adoption in the country, car rental services are shifting to online platforms for direct bookings and confirmations.

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With the increase in internet penetration and adoption of smart phones, the market for car rental services has expanded, hence becoming easier for people to access.  Ongoing developments in the Philippines car rental market such as integrating Services with Internet of Things, Online Bookings, Unique Business Models, Reliable Personal Identification Process, and Scanned Fingerprints are helping the car rental market to grow. Car rental companies are moving to online platforms for direct bookings and confirmations as internet usage and digital adoption rise throughout the nation. As a result, the procedure is hassle-free and contactless.

2.In the last few years, the mode of booking for car rental services has shifted from offline to online platforms

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In the last few years, the mode of booking for car rental services has shifted to online platforms with 60% bookings being made online. This can be attributed to the increasing internet penetration and familiarity of online bookings across the country along with the easy booking process and time saving benefits of online bookings.

3.The household distribution of vehicle ownership (car/ jeep/ van) is less than 10%.

The household distribution of vehicle ownership (car/ jeep/ van) is less than 10% due to high vehicle ownership costs, maintenance costs and increasing traffic and congestion in urban areas. This provides the car rental industry with a bright future and big potential market to capture.

[watsonh366]

Car Rental Management Solution Market Size, Share, Growth & Trend Analysis Report by 2021 - 2027

A recently added research report illustrating details on “Global Car Rental Management Solution Market 2027” conveys key insights on specific market components such as competition intensity, regional development opportunities, vendor profiles and essential understanding of most potential growth triggers and vendor activities that harbinger growth in global Car Rental Management Solution market. Crucial details on SWOT analysis, PESTEL analysis and Porter’s Five Forces scientific reviews have been pronounced with extraordinary detail in the report to encourage high investment returns by leading players in global Car Rental Management Solution market. The report carries out a deep analytical study to distinguish and comprehend the capability of core factors that stimulate very good quality development.

Global Car Rental Management Solution market research report includes reliable economic, international, and country-level forecasts and analysis to provide holistic view on Car Rental Management Solution market. It also offers total analysis on competitive market and intensive analyses of the supply chain to make comprehend users about the changing market patterns. This will assist them to offer products and services to their customers according to the changing needs.

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Key Players Mentioned at the Car Rental Management Solution Market Report:

Titanium SystemsCaag SoftwareEasy Rent ProDatalogic ConsultantsThermeonEcalypseSarmas BVCarPrSystemsFleetMasterXiteagencyIbexrentacarDogma Systems

 Applications 

Small and Medium Enterprises (SMEs)

Large Enterprises

Types

Cloud-base

On-premises

Car Rental Management Solution Market: Regional analysis includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

North America (the United States, Mexico, and Canada.)

South America (Brazil etc.)

The Middle East and Africa (GCC Countries and Egypt.)

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The research study can answer the accompanying key inquiries: • What are the prominent factors driving the Car Rental Management Solution Application Market across different regions? • What will be the progress rate of the Car Rental Management Solution Application Market for the conjecture period 2021-2027? • Who are the major vendors dominating the Car Rental Management Solution Application industry and what are their winning strategies? • What are the challenges faced by the Car Rental Management Solution Application Market? • What will be the market scope for the assessed period? • What are the significant patterns shaping the expansion of the business in the coming years?

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[wiseguyreportresearch]

Global Liquefied Natural Gas Market  Audience, Geographies and Key Players 2026

Liquefied Natural Gas market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Liquefied Natural Gas market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.

ALSO READ :https://icrowdnewswire.com/2019/11/05/running-watches-market-2019-global-industry-key-players-size-trends-opportunities-growth-analysis-and-forecast-to-2025/

Segment by Type, the Liquefied Natural Gas market is segmented into High-calorific Low-calorific

Segment by Application, the Liquefied Natural Gas market is segmented into Transportation Fuel Power Generation Mining & Industrial

ALSO READ :  http://www.marketwatch.com/story/industrial-internet-of-things-iiot-market-2021-share-growth-trend-industry-analysis-and-forecast-to-2026-2021-01-18

Regional and Country-level Analysis The Liquefied Natural Gas market is analysed and market size information is provided by regions (countries). The key regions covered in the Liquefied Natural Gas market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

ALSO READ :  http://www.marketwatch.com/story/luxury-car-rental-market-2021-global-trends-share-growth-analysis-opportunities-and-forecast-to-2024-2021-01-19

Competitive Landscape and Liquefied Natural Gas Market Share Analysis Liquefied Natural Gas market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Liquefied Natural Gas business, the date to enter into the Liquefied Natural Gas market, Liquefied Natural Gas product introduction, recent developments, etc.

ALSO READ : http://www.marketwatch.com/story/luxury-car-rental-market-2021-global-trends-share-growth-analysis-opportunities-and-forecast-to-2024-2021-01-19

The major vendors covered: BP Shell Chevron Exxon Mobil Total PetroChina Equinor Sinopec Gazprom Canadian Natural Resources ConocoPhilips Eni

ALSO READ :  http://www.marketwatch.com/story/organic-juices-market-growth-2021-2025-by-covid-19-impact-revenue-profit-leading-companies-opportunities-and-global-industry-trends-2021-01-20

[shirley1us]

Sharing Economy is Changing the Short Term Rental Industry

Many economists believe that the economy as we have come to know it will seamlessly merge with the modern day sharing economy at some point in the near future. At the center of this transition is Airbnb. Started by two roommates in San Francisco. They put out an airbed mattress and offered free breakfast to travelers.

Considering how expensive SF was (and still is today), the two roommates got themselves bookings in a flurry. They brought on another mate of theirs to code a platform and allow anyone to list their room or home to earn extra income. This is the power of sharing economy.

Where are we headed?

The world will look different in the future. There are already companies working to disrupt the real estate industry as we come to know it today – both residential and commercial real estate. Instead of buying or leasing office spaces or residences, we all will just become members of a large platform – which will allow us access to any office or residence across the city, state, country or even the world. This is the future, and it looks darn interesting.

In a perfect sharing economy, people will make effective utilization of resources. In a perfect sharing economy, it will be platforms who will own most real estate and we the people will end up subscribing for spaces. Seems bleak? Not at all. We will still be able to own properties, but imagine changing office spaces and moving anywhere seamlessly. The sharing economy won’t mean that people move aimlessly, but it means, we don’t have to be bogged down by expensive leases or pathetic real estate choices. At present, change is taking place at a rapid pace. The question we need to ask is this – what will the future look like?

It is futile to try and fight.” Rajeev Menon, Marriott’s COO for Asia Pacific (excluding Greater China), agrees: “This is a business model that’s here to stay.”

What does the transition look like?

The transition – sharing economy – will gather pace and will impact major economies first. Today, categorizing the world in to developed and developing world seems to be too old school. Economists say that Asia will be the recipient of cutting edge innovation in the sharing economy. Besides, business and millennial travel will change forever. Hotels will start to operate as lean bed and breakfasts and equip themselves to change in a much better way. And a lot of new business – such as sharing cars, parking spaces, storage spaces – will crop up in fast growing economies.

A lot of employment will be generated at the small and medium scale level, and if governments act quickly by creating an encouraging atmosphere for such businesses to flourish, then a lot of tax income can be generated – which means boosting local economies.

Growth is gaining pace

The short term rental economy is growing fast. The entire local hosting (short term rentals) industry generated about $169 billion in 2018 – per Skift. HomeAway had predicted that the short term rental industry would grow anywhere between two to four times – nearly as fast as the global economy. HomeAway claims that 82% of its current users prefer local hosts than fancy hotels. Given this acceleration, it is hardly surprising that investors are flocking to the short-term rental sector.

Asia at the center of short term rental innovation

Asia is touted to be at the center of sharing economy’s fruits of labor. Nielsen research has found that the Asia-Pacific residents were the most willing in the world to participate in sharing, with 81% willing to rent or share others’ assets and 78% willing to rent or share their own (vs. global figures of 66% and 68%), and of the top 10 countries most likely to do so, four are in Asia: China, the Philippines, Thailand, and India. And with 135 million outbound travelers (UN World Tourism Organization), China is well positioned to influence global trends.

Millennials are changing the travel industry

Business travel is now opening up to the short term rental market. With more such aggregators – like Airbnb – pop up, more the chances of businesses spending their money on affordable, innovative local hosts than large hotel chains. The Global Business Travel Association claims that in 2016 alone, business travelers spent nearly $1.3 trillion – with an average growth of 7% year-on-year.

Airbnb and its major competitor Booking.com have created services exclusively catering to business travelers. Offering self check in, free WiFi, flexible booking and cancellation policies among others. American Express Global Business Travel has already partnered with Airbnb to facilitate expensing.

How to learn from Airbnb and create your own Airbnb like platform

Today, the newer generation of business travelers are combining business and leisure travel together and act as the main catalyst for short term rentals.

Condé Nast Traveler claims that nearly 8 out of 10 millennial business travelers wish to stay at short term rentals than at hotels. This trend is visible in the world’s fastest growing economies.

Evolving Business Models – create your own rental economy

The short term rental practice is now being applied to other aspects of personal and business lives. It’s not just renting rooms or villas, today small businesses are offering coworking spaces, car parking slots at stadiums, malls, and self storage spaces in big cities such as New York and London. This growth is mainly due to two reasons:

One – the existing services – such as hotel chains – have turned out to be expensive, pushing the economy to create innovative, low cost supplies – like short term rentals. Two – easy, affordable access to technology platforms – which enable anyone to create a platform and disrupt any part of the global economy has also played a major part.

We have crafted the perfect Airbnb clone for precisely this purpose – to enable anybody to create their own sharing economy. At Rentcubo – we have taken everything that is good from Airbnb and have recreated the platform to suit multiple businesses in a shared economy. Rent out homes, car parking spaces, coworking desks, or self storage spaces. Rentcubo is designed to work just like Airbnb. Rent anything, rent like Airbnb.

Check out how you can create your own Airbnb like platform in your local economy here

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Global Robo-Taxi Market Trends, Growth, Opportunities,Market Size Forecast to 2028| Major Competitors Waymo LLC, Daimler AG., GM Cruise LLC., Aptiv., AB Volvo, Ridecell, Inc, Tesla, Uber Technologies Inc., Volkswagen AG, Lyft, Inc., Ford Motor Company, General Motors.

Robo-taxi market will grow at a CAGR of 113.05% in the forecast period of 2021 to 2028. The rising race to deploy autonomous vehicles is an essential factor driving the robo-taxi market.Robo-Taxi or Robo-Cab, are the type of taxis which are self-driven, without a chauffeur. They are autonomous cars of autonomic level 4 or level 5 operated for a virtual hailing service. They are fuel efficient vehicles that do not emit any harmful carbon gases, thereby protecting the environment. These eco-friendly automated vehicles, less cost, consume less battery and thereby reduce the cost of operating cars.

Rising demand for fuel-efficient and emission-free vehicles is a crucial factor accelerating the market growth, also rising need for better road safety and traffic control, rising elimination of drivers from taxis reduces the overall operational cost, thereby making it cost-effective, rising need to reduce the level of accidents that arise due to manual errors to ensure safer roads a better traffic control, increasing need to reduce the level of carbon emissions from diesel operated cars and to move towards a more sustainable and eco-friendly environment and rising demand for autonomous vehicles, which consume less battery and less gas are the major factors among others boosting the robo-taxi market. Moreover, rising government initiatives to drive the market, rising robotic assistance and rising rapid urbanization to develop better infrastructure in developing nations will further create new opportunities for robo-taxi market in the forecast period mentioned above. However, rising machines jeopardizing human jobs likely to reduce wide acceptance, increased Research and development cost for implementation and rising cybersecurity threats are the major factors among others which will curtail the market growth, while difficulty in navigation in crowded spaces and gaining public and individual trust will further challenge the robo-taxi market in the forecast period mentioned above.

Global Robo-Taxi Market, By Level of Autonomy (L4, L5), Application (Passenger Transport, Goods Transport), Service (Station-Based, Car Rental), Vehicle (Shuttle/Van, Car), Propulsion (Hybrid, Electric, Fuel Cell), Component (Camera, LIDAR, Radar, Ultrasonic Sensors), 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 2028 Robo-taxi market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to robo-taxi market. This robo-taxi market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on robo-taxi market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Global Robo-Taxi Market Scope Country Level Analysis:

Robo-taxi market is analyzed and market size, volume information is provided by country, level of autonomy, application, service, vehicle, propulsion and component as referenced above.The country section of the robo-taxi market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The countries covered in the robo-taxi market report are 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).Asia-Pacific dominates the robo-taxi market due to increasing number of vehicles on the road that has led to traffic congestion, growing concern about pollution, rising favorable government policies to adopt EVs have attracted many players to deploy Robo-taxis, increasing development of support infrastructure, such as charging stations, has encouraged OEMs to test their vehicles and also the Chinese government has structured guidelines in place for the testing and implementation of the Robo-taxis in this region.

Robo-Taxi Market Scope and Market Size:

Robo-taxi market is segmented on the basis of level of autonomy, application, service, vehicle, propulsion and component. 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 level of autonomy, the robo-taxi market is segmented into L4 and L5.

Based on application, the robo-taxi market is segmented into passenger transport and goods transport. Passenger transportation segment is the leading segment projected to be the largest and the fastest market during the forecast period due to the expected lower the cost of car ownership with greater convenience and less number of road accidents. Based on service, the robo-taxi market is segmented into station-based and car rental. Based on vehicle, the robo-taxi market is segmented into shuttle/van and car. Car segment is the leading segment to hold the largest market share during the forecast period due to rising robotic assistance used for delivery, supplies pick up, and other routine tasks by autonomous cars for small businesses among others. Based on propulsion, the robo-taxi market is segmented into hybrid, electric and fuel cell. The robo-taxi market is also segmented on the basis of component into camera, LIDAR, radar and ultrasonic sensors.

The major players covered in robo-taxi market report are Waymo LLC, Daimler AG., GM Cruise LLC., Aptiv., AB Volvo, Ridecell, Inc, Tesla, Uber Technologies Inc., Volkswagen AG, Lyft, Inc., Ford Motor Company, General Motors., BMW AG, TOYOTA MOTOR CORPORATION, Continental AG, DENSO CORPORATION., NVIDIA Corporation, Mobileye and Robert Bosch GmbH 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. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Reasons for buying this Robo-taxi market Report:

Laser Capture Robo-taxi market report aids in understanding the crucial product segments and their perspective.

Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Robo-taxi market industry.

Even the Laser Capture Robo-taxi market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Robo-taxi market?

What are the Risks and Challenges in front of the market?

Who are the Key Vendors in Robo-taxi market?

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model?

Which are the Global Opportunities for expanding the Robo-taxi market?

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OFF-HIGHWAY VEHICLE (OHV) TELEMATICS MARKET ANALYSIS

Off-Highway Vehicle (OHV) Telematics  Market, By End-use Application (Construction, Agriculture and Mining) by Technology (Cellular and Satellite), by Sales Channel (OEM and Aftermarket), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Press Release :  Off-Highway Vehicle (OHV) Telematics  Market

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Market Insight- Global Off-highway Vehicle (OHV) Telematics Market

Market Overview

Telematics is the technology of receiving, sending, and storing information through the use of telecommunication devices. Telematics is typically used in road transport, electric engineering, road safety, and computer science. Telematics involves different technologies including global navigation satellite systems, integrated telecommunications and informatics, and the use of road vehicles with telematics. Practical applications of telematics include vehicle tracking, container tracking, trailer tracking, fleet management, telematics standards, car-sharing, emergency warning for cars, auto insurance, etc. Furthermore, off-highway vehicle (OVH) telematics refers to the integrated use of information and communication with telecommunications technology. OVH telematics finds applications in various sectors including agriculture, mining, constructions, etc.

The global off-highway Vehicle (OHV) telematics market is estimated to account for US$ 116.3 Mn in terms of value in 2019 and is expected to grow at a CAGR of 13.3% during the forecasted period 2019-27.

Market Dynamics- Drivers

Gradual growth of construction industry after global economic recession is expected to drive growth of the global off-highway vehicle (OHV) telematics market during the forecast period

Growing construction activities in private as well as public sectors are expected to boost the market growth in the near future. There is a number of infrastructure-related projects underway or planned across the globe in countries such as India, Philippines, UAE, Saudi Arabia, Egypt, Nigeria, and the U.S. For instance, in the Union Budget 2014–15, the Government of India allocated a budget of US$ 1.12 billion for the current fiscal year as part of the ‘One Hundred Smart Cities’ project. Moreover, over the following 20 years, the government is expected to invest US$ 650 billion in various urban and infrastructure projects in the country. In the Middle East, various infrastructure projects are under development namely Jeddah Economic City (Saudi Arabia), Masdar City (UAE), and Dubailand (UAE). This rampant development in infrastructure projects is expected to boost the demand for construction equipment, which in turn, is expected to support growth of the market during the forecast period.

Presence of regulatory policies to increase security and safety of off-highway vehicles is expected to propel the global off-high vehicle (OHV) telematics market growth over the forecast period

Governments across numerous countries are developing stringent policies to ensure safety and security of off-highway vehicles. This includes periodic inspection, timely servicing of brakes, and integration of electronic tools and communication systems in these vehicles. According to the U.S. Department of Labor’s work practice established for operation of heavy equipment, it is obligatory to check engine parts, service brakes and other accessories of heavy equipment such as dump trucks and loaders at the beginning of each shift, in order to ensure safety. Telematics system offers timely updates of engine and drives performance to the fleet operator and also works as a mode of communication. Moreover, installation of telematics in heavy equipment minimizes labor and time required for manual checking of equipment. Therefore, strict government policies are expected to boost the global off-high vehicle (OHV) telematics market growth over the forecast period.

North America region dominated the global off-highway Vehicle (OHV) telematics market in 2019, accounting for 63.7% share in terms of value, followed by Europe and Asia Pacific, respectively

Market Dynamics- Restraints

Growing reluctance of end users to change business practices is expected to restrain growth of the global off-high vehicle (OHV) telematics market during the forecast period

Telematics systems facilitate real-time monitoring of off-highway vehicles and also drivers. Majority of fleet operators and drivers operating off-highway vehicles consider this to be an intrusion of privacy and are reluctant to install telematics systems in their fleets. Telematics systems collect and transmit information such as real-time tracking, vehicle diagnostics, changes in speed and harsh driving practice, among others. However, car rental companies are reluctant to provide such data of their fleet with third-party telematics solution providers. Moreover, growing uncertainty among fleet operators rewarding legal connotations related to installation of trackers is expected to hamper the global off-high vehicle (OHV) telematics market growth in the near future.

Lack of training for the use in heavy equipment is expected to hinder the global off-high vehicle (OHV) telematics market growth over the forecast period

Slow adoption and lack of awareness among fleet owners for adoption of telematics systems are expected to reduce exposure of heavy equipment operators and OHV drivers to advanced telematics systems. However, educational training programs will facilitate them to understand benefits system and its effective use. Hence, these factors are expected to restrain the market growth in the near future.

Market Opportunities

Significant market potential in emerging economies such as India and China

Although China and India are the largest market for off-highway equipment, the penetration of telematics is low in these countries as compared to North America and Europe. Increasing awareness regarding significance of telematics systems in OHV and rapid development in these countries is expected to provide major growth opportunities in the near future. Moreover, numerous manufacturers are launching OHV equipped with telematics systems, in order to capitalize on the lucrative market in the region. For instance, in 2015, JCB launched ‘JCB Livelink’, a telematics system that allows users to remotely track equipment, in the India market.

Rising integration of Internet of Things (IoT) can provide major business opportunities

IoT has evolved through union of micro-electromechanical systems, internet, and wireless technologies. With IoT, fleet owners can remotely monitor the vehicle speed, tire air pressure, fuel consumption, and driver behavior, which in turn, can be used to improve efficiency of the vehicle and the driver. Telematics systems developers can integrate this technology to develop telematics solutions as per specific requirements in mining, agriculture and construction industries, where operational cost is significant. Moreover, it can be used to deliver specific telematics solutions to specific requirements of mining, agriculture, and construction industries sectors.

In global off-highway Vehicle (OHV) telematics market, by technology segment cellular sub-segment dominated the global off-highway Vehicle (OHV) telematics market in 2019, accounting for 73.3% share in terms of value, followed by satellite sub segment.

Market Trends

Rising partnership and collaboration activities among OEMs and telematics providers

Major OEMs are focused on collaborating with telematics solution providers, in order to offer enhanced services and strengthen the market presence. For instance, Major OEMs such as JCB, Komatsu, John Deere, and Caterpillar collaborated with telematics companies such as Microlise, ORBCOMM, and Trimble to offer one-stop hardware and service solution for end users. Moreover, OEMs are focused on introducing off-highway vehicles equipped with telematics systems, in order to reduce the role of telematics system providers in the aftermarket.

Growing adoption of telematics by equipment rental companies

Equipment rental companies play a crucial role in mining, construction, and oil & gas sectors across the globe. Telematics provides enhanced safety and security with lost-cost of ownership, performance monitoring of fleet, and precise billing of future or historic job. These factors are encouraging equipment rental companies to adopt telematics in the near future.

Value Chain Analysis

Competitive Section

Key players operating in the global off-high vehicle (OHV) telematics market are TomTom International BV, Zonar Systems Inc., Harman International Industries Inc., Bridgestone Europe NV/SA, Trackunit A/S, ORBCOMM Inc., Omnitracs LLC, Topcon Corporation, Navman Wireless, Wacker Neuson SE, and MiX Telematics Limited.

Key Developments

Key companies in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in April 2019, Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation, acquired TomTom Telematics, a subsidiary of TomTom International BV for US$ 1 billion.

Major players in the market are involved in product launches, in order to gain a competitive edge in the market. For instance, in April 2019, Harman International Industries Inc., a subsidiary of Samsung Electronics, introduced 5G-ready Telecommunication Control Unit (TCU).

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Global Vehicle-to-Grid (V2G) Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2020-2025

Summary – A new market study, “ Global Vehicle-to-Grid (V2G) Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2020-2025 ” has been featured on WiseGuyReports.

Vehicle-to-grid (V2G) describes a system in which plug-in electric vehicles, such as electric cars (BEVs) and plug-in hybrids (PHEVs), communicate with the power grid to sell demand response services by either delivering electricity into the grid or by throttling their charging rate.

 Large-scale electric vehicle ordered charging can optimize power system operation, reduce peak loads, thus improving the operation safety and economy of power system. Compared with the traditional fuel vehicles, electric vehicles can greatly reduce primary energy consumption and greenhouse gas emissions.

 Many countries have set objectives to expand the EV market in the coming decades, and each has taken a different approach to the policy enablers that they hope will help stimulate the market in the near term. Their motivations are similar: to improve air quality in vehicle-dense urban areas, to reduce transportation sector emissions of GHGs, and to achieve greater energy independence by reducing foreign oil imports.

 Shortcomings in vehicle uptake have been feared by many to be the result of driver anxiety about vehicle range. Frequently, policy proposals to solve vehicle range issues call for networks of high capacity charging stations. In theory, giving drivers the ability to charge vehicles on-the-go could reduce range anxiety and mimic the refueling infrastructure to which drivers of gasoline-powered cars have become accustomed.

Also Read :  https://www.newsmaker.com.au/news/378026/vehicletogrid-v2g-market-2020-global-share-trend-segmentation-analysis-and-forecast-to-2026#.Xyr8wygzaM8

 The costs of driver adaptation underlie the challenge of stimulating EV market growth. Within the technical constraints of today’s vehicles, there is no way to meet all drivers’ vehicle range requirements for all trips. Drivers may be willing to find alternate modes of transportation, such as public transit or car rentals, if they are sufficiently compensated for the inconvenience. The question is: what is the required compensation, and where in the economic equation can it be captured?

 Global Vehicle-to-Grid (V2G) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Vehicle-to-Grid (V2G).

 This report researches the worldwide Vehicle-to-Grid (V2G) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.

This study categorizes the global Vehicle-to-Grid (V2G) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

 The following manufacturers are covered in this report:

AC Propulsion

Corinex

Coritech

EnBW

Endesa

EnerDel

EV Grid

Hitachi

Next Energy

NRG Energy

PG&E

 Vehicle-to-Grid (V2G) Breakdown Data by Type

Unidirectional V2G

Bidirectional V2G

Vehicle-to-Grid (V2G) Breakdown Data by Application

Peak power sales

Spinning reserves

Base load power

Peak power as a form of direct load control (DLC)

Peak power to reduce demand charges

Reactive power

 Vehicle-to-Grid (V2G) Production Breakdown Data by Region

United States

Europe

China

Japan

Other Regions

 Vehicle-to-Grid (V2G) Consumption Breakdown Data by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Russia

Rest of Europe

Central & South America

Brazil

Rest of South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

 The study objectives are:

To analyze and research the global Vehicle-to-Grid (V2G) capacity, production, value, consumption, status and forecast;

To focus on the key Vehicle-to-Grid (V2G) manufacturers and study the capacity, production, value, market share and development plans in next few years.

To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

 In this study, the years considered to estimate the market size of Vehicle-to-Grid (V2G) :

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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