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credenceresearchdotblog · 3 months ago

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The global active humidifier devices market has witnessed rapid growth in recent years and is estimated to grow at a CAGR of 1% between 2023 and 2030. The market was valued at USD 1.5 billion in 2022 and is anticipated to reach USD 1.6 billion in 2030.The active humidifier devices market is experiencing notable growth, driven by increasing awareness of indoor air quality and advancements in technology. These devices are crucial for maintaining optimal humidity levels, which can impact health, comfort, and even the structural integrity of buildings. This article explores the current trends, growth drivers, and future outlook of the active humidifier devices market.

Browse the full report at https://www.credenceresearch.com/report/active-humidifier-devices-market

Market Overview

Active humidifiers are designed to add moisture to the air, counteracting the effects of dry environments. They are commonly used in residential, commercial, and industrial settings to create a more comfortable and healthy indoor atmosphere. The market encompasses various types of active humidifiers, including steam vaporizers, ultrasonic humidifiers, and evaporative humidifiers, each with distinct features and benefits.

Key Trends Driving Growth

1. Rising Awareness of Indoor Air Quality: As people become more conscious of the impact of indoor air quality on health, there is a growing demand for devices that can regulate humidity levels. Active humidifiers help prevent respiratory issues, dry skin, and static electricity, making them increasingly popular among health-conscious consumers.

2. Technological Advancements: Innovations in humidifier technology, such as smart humidifiers that can be controlled via mobile apps, are enhancing user convenience and driving market growth. Features like automatic humidity adjustment, real-time monitoring, and integration with home automation systems are becoming more common.

3. Increasing Urbanization: Urban areas often suffer from poor air quality and limited ventilation. Active humidifiers offer a solution to these issues by improving indoor air conditions. The growth of urbanization and the corresponding demand for better indoor environments contribute to the market's expansion.

4. Climate Change and Environmental Factors: Fluctuating weather patterns and extreme temperatures have led to increased use of humidifiers. In regions experiencing prolonged heating or cooling seasons, maintaining optimal indoor humidity becomes essential for comfort and health.

Market Segmentation

1. By Product Type: The market is segmented into steam vaporizers, ultrasonic humidifiers, evaporative humidifiers, and impeller humidifiers. Ultrasonic humidifiers are gaining popularity due to their quiet operation and energy efficiency, while steam vaporizers are preferred for their ability to kill germs and bacteria.

2. By Application: Residential, commercial, and industrial applications represent the primary segments. Residential applications dominate the market, driven by growing consumer awareness and increasing disposable income. Commercial and industrial sectors also contribute significantly, with applications in office buildings, hospitals, and manufacturing facilities.

3. By Distribution Channel: Active humidifiers are sold through various channels, including online platforms, specialty stores, and direct sales. Online sales are growing rapidly due to the convenience of shopping from home and the availability of a wide range of products.

Challenges and Future Outlook

Despite its growth, the active humidifier devices market faces challenges such as the high cost of advanced models and the need for regular maintenance. Additionally, market saturation in developed regions may limit growth potential.

However, the future outlook remains positive, with continued technological innovations and increasing awareness about indoor air quality driving demand. The development of energy-efficient and eco-friendly models is expected to further boost market growth.

Key Players

Teleflex Incorporated

Koninklijke Philips N.V.

Fisher & Paykel

ResMed

Vapotherm Inc

Vincent Medical Ltd (Inspired Medical)

Sunmed (Salter Labs)

WILAMed GmbH

Penlon Ltd

DEAS S.R.L.

Segmentation

By Product Type

Heated/Electronic Humidifiers

Bubble Humidifiers

Accessories

By Age Group

Adult

Pediatric

Neonates

By Application

Invasive Ventilation

Non-invasive Ventilation

nCPAP (Nasal Continuous Positive Airway Pressure)

Bubble CPAP (Bubble Continuous Positive Airway Pressure)

High Flow Oxygen Therapy

By End User

Hospitals

Ambulatory Surgical Centers

Sleep Centers

By Region

North America

The U.S.

Canada

Mexico

Europe

Germany

France

The U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/active-humidifier-devices-market

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vijukumar · 3 months ago

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The Automotive Market: Trends, Key Players, and Future Outlook

The global automotive market is undergoing a profound transformation, driven by rapid advancements in technology, shifting consumer preferences, and a global push toward sustainability. This market, which has long been a pillar of the global economy, is now at the forefront of innovation, embracing new paradigms in mobility, connectivity, and energy efficiency. This blog delves into the current trends shaping the automotive industry, profiles the key players driving these changes, and offers a forward-looking conclusion on what the future holds.

Market Trends

The automotive industry is currently being shaped by several major trends that are redefining the very nature of mobility and transportation.

1. Electrification and the Rise of Electric Vehicles (EVs)

One of the most significant trends in the automotive market is the shift from traditional internal combustion engine (ICE) vehicles to electric vehicles (EVs). Governments around the world are implementing stringent emissions regulations and offering incentives to promote the adoption of EVs. This has led to a surge in demand for electric vehicles, with global EV sales reaching over 10 million units in 2023, representing a 50% increase from the previous year.

The electrification trend is not limited to passenger vehicles; commercial vehicles, including trucks and buses, are also transitioning to electric power. This shift is being driven by advances in battery technology, which have led to increased range, reduced charging times, and lower costs. As a result, major automakers are investing heavily in EV research and development, with many planning to phase out ICE vehicles entirely in the coming decades.

2. Autonomous Driving and Advanced Driver Assistance Systems (ADAS)

The development of autonomous vehicles (AVs) is another transformative trend in the automotive industry. Companies like Waymo, Tesla, and General Motors are leading the charge in developing self-driving technology. While fully autonomous vehicles are not yet a common sight on roads, significant progress has been made in advanced driver assistance systems (ADAS), which include features like lane-keeping assistance, adaptive cruise control, and automatic emergency braking.

These technologies are improving vehicle safety and enhancing the driving experience, and they are becoming standard in new vehicles. The trend towards autonomy is also being supported by advancements in artificial intelligence (AI), machine learning, and sensor technologies, which are critical for enabling vehicles to navigate complex environments.

3. Connectivity and the Internet of Vehicles (IoV)

The automotive market is increasingly interconnected, with vehicles becoming part of a broader digital ecosystem known as the Internet of Vehicles (IoV). Connected vehicles can communicate with each other, as well as with infrastructure and other devices, enabling a range of new services and applications. For example, connected vehicles can receive real-time traffic updates, access remote diagnostics, and even enable over-the-air software updates.

This trend is driving innovation in areas such as infotainment, telematics, and vehicle-to-everything (V2X) communication. Automakers are partnering with tech companies to develop new services that enhance the driving experience and improve vehicle safety. As connectivity becomes more prevalent, it is expected to lead to the development of new business models and revenue streams in the automotive industry.

4. Shared Mobility and the Changing Concept of Vehicle Ownership

The traditional concept of vehicle ownership is evolving, with a growing trend toward shared mobility solutions. Ride-hailing services like Uber and Lyft, as well as car-sharing platforms like Zipcar, are gaining popularity, particularly in urban areas. These services offer consumers greater flexibility and convenience, reducing the need for personal vehicle ownership.

The shared mobility trend is also being driven by the rise of electric and autonomous vehicles, which are well-suited to shared use. In addition, younger generations, particularly millennials and Gen Z, are showing a preference for access over ownership, further fueling the growth of shared mobility. As this trend continues to gain momentum, it is expected to have a significant impact on vehicle sales and the overall structure of the automotive market.

5. Sustainability and the Circular Economy

Sustainability is becoming a key focus for the automotive industry as concerns about climate change and environmental impact grow. Automakers are adopting circular economy practices, which involve designing products with end-of-life in mind, recycling materials, and reducing waste. This approach is not only good for the environment but also makes good business sense, as it can lead to cost savings and new revenue opportunities.

In addition to electrification, other green technologies are being explored, such as hydrogen fuel cells and sustainable materials. The automotive industry is also investing in renewable energy sources for manufacturing and aiming to achieve carbon neutrality across the value chain. These efforts are being driven by both regulatory pressures and consumer demand for more sustainable products.

Key Market Players

Several major players dominate the global automotive market, each contributing to the industry's evolution and shaping its future trajectory. These companies are not only the largest automakers by volume but also leaders in innovation, sustainability, and new mobility solutions.

1. Toyota Motor Corporation

Toyota has long been a leader in the global automotive market, known for its pioneering work in hybrid technology and its commitment to sustainability. The company's hybrid models, such as the Prius, have been highly successful, and Toyota is now making significant investments in electric vehicles. Toyota's market share remains strong, particularly in Asia, where it is the dominant player. In 2023, Toyota sold over 9.5 million vehicles worldwide, maintaining its position as the world's largest automaker.

Toyota's strategy includes a balanced approach to electrification, with a focus on both battery-electric vehicles (BEVs) and hydrogen fuel cell vehicles (FCEVs). The company is also investing in autonomous driving technology through its subsidiary, Toyota Research Institute (TRI), and is exploring new business models in shared mobility.

2. Volkswagen Group

Volkswagen is another global automotive giant, with a strong presence in Europe and China. The company is aggressively pursuing electrification, with plans to invest over €70 billion in electric mobility, hybridization, and digitalization by 2030. Volkswagen's electric vehicle lineup, which includes models like the ID.3 and ID.4, is gaining traction in key markets, and the company aims to become the world's leading electric car manufacturer.

In addition to its focus on EVs, Volkswagen is also investing in autonomous driving and digital services. The company is developing its own software platform, Volkswagen Automotive Cloud, which will enable connected services and over-the-air updates. Volkswagen's long-term strategy is to transform into a software-driven mobility provider, offering a range of services beyond traditional vehicle sales.

3. Tesla, Inc.

Tesla has revolutionized the automotive industry with its focus on electric vehicles and sustainable energy. The company is the leader in the electric vehicle market, with a market share of approximately 20% of global EV sales. Tesla's Model 3 and Model Y are among the best-selling electric vehicles worldwide, and the company continues to innovate with new models like the Cybertruck and the Tesla Semi.

Tesla's success is driven by its vertically integrated business model, which includes its own battery production, software development, and a global network of charging stations. The company's focus on autonomy is also a key differentiator, with its Autopilot and Full Self-Driving (FSD) systems being among the most advanced on the market. Tesla's vision of a sustainable future extends beyond vehicles, as it also produces solar energy products and energy storage solutions.

4. General Motors (GM)

General Motors is one of the oldest and largest automakers in the world, with a strong presence in North America and China. The company is undergoing a major transformation, with a focus on electric and autonomous vehicles. GM has committed to an all-electric future, with plans to phase out internal combustion engines by 2035. The company's electric vehicle lineup includes models like the Chevrolet Bolt EV and the upcoming Hummer EV.

GM is also investing heavily in autonomous driving technology through its subsidiary, Cruise. The company plans to launch a fully autonomous ride-hailing service in the near future, positioning itself as a leader in the new mobility landscape. GM's strategy also includes partnerships with tech companies to develop connected services and digital platforms.

5. Hyundai Motor Group

Hyundai Motor Group, which includes both Hyundai and Kia, is rapidly expanding its presence in the global automotive market. The company is investing heavily in electric vehicles, with plans to launch 23 new EV models by 2025. Hyundai's Ioniq and Kia's EV6 are among the company's flagship electric vehicles, and both have received strong reviews for their performance and design.

In addition to electric vehicles, Hyundai is also exploring hydrogen fuel cell technology. The company is one of the few automakers that is actively developing FCEVs, with models like the Hyundai Nexo leading the way. Hyundai's long-term strategy includes a focus on sustainable mobility and smart cities, with investments in autonomous driving, connectivity, and shared mobility solutions.

Conclusion

The automotive market is in the midst of a profound transformation, driven by trends such as electrification, autonomy, connectivity, shared mobility, and sustainability. These trends are reshaping the industry, leading to the development of new business models, the emergence of new competitors, and the evolution of consumer preferences. Key players like Toyota, Volkswagen, Tesla, General Motors, and Hyundai are at the forefront of these changes, investing heavily in research and development to stay ahead of the curve. These companies are not only leaders in vehicle production but also pioneers in the development of new technologies and mobility solutions.

#automotive Market #automotive industry #automotive industry companies #automotive industry trends #future of automotive industry #automotive industry growth

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smrutiiyerreportprime · 1 year ago

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Platform Screen Doors (PSD) Market: Enhancing Passenger Safety and Operational Efficiency

Introduction to Platform Screen Doors (PSD)

Platform Screen Doors (PSD) are advanced safety systems installed at train and subway platforms to create a barrier between passengers and the tracks. These automated doors open and close synchronously with the train's doors, providing enhanced safety and security for passengers. In this blog, we will delve into the Platform Screen Doors (PSD) market, its significance in the transportation industry, key players in the market, and factors driving its growth.

The Significance of Platform Screen Doors in Transport

Platform Screen Doors have gained immense popularity in urban transport systems worldwide due to their numerous advantages:

Passenger Safety and Crowd Control: PSDs serve as a protective barrier, preventing accidental falls, suicides, and unauthorized access to the tracks. They also help in crowd control during peak hours, ensuring a safer and more organized platform environment.

Reduced Accidents and Fatalities: By eliminating the risk of passengers falling or being pushed onto the tracks, PSDs significantly reduce accidents and fatalities at train and subway stations.

Enhanced Passenger Comfort: PSDs improve passenger comfort by minimizing the effects of weather conditions, such as rain, wind, and extreme temperatures, inside the station. This creates a more pleasant waiting experience for passengers.

Energy Efficiency: PSDs contribute to energy savings by reducing air conditioning and ventilation needs within the station area.

Improved Operational Efficiency: The integration of PSDs with train operations streamlines boarding and disembarking, leading to shorter dwell times and increased train punctuality.

Market Size and Growth Prospects

The Platform Screen Doors (PSD) market has experienced significant growth in recent years, driven by the increasing need for passenger safety and the modernization of transport infrastructure. The global Platform Screen Doors (PSD) market was valued at USD 1.5 billion in 2022. The market is projected to register a robust compound annual growth rate (CAGR) of 9.2% from 2023 to 2028.

Factors Driving the Platform Screen Doors Market

Rising Urbanization and Population Growth: The rapid urbanization and increasing population in major cities have led to higher demand for efficient and safe public transportation systems, driving the adoption of PSDs.

Focus on Passenger Safety and Security: Governments and transportation authorities are prioritizing passenger safety and investing in technologies like PSDs to prevent accidents and enhance security measures.

Infrastructure Modernization and Upgradation: Aging transport infrastructure is being upgraded and modernized to improve efficiency and provide a seamless passenger experience, creating opportunities for PSD implementation.

Integration of Smart Transportation Solutions: The integration of smart technologies in transportation, including PSDs with IoT capabilities, contributes to more efficient and connected public transport systems.

Increasing Investment in Public Transport: Governments and private investors are investing heavily in public transportation systems to reduce traffic congestion and promote sustainable mobility.

Key Players in the Platform Screen Doors Market

Nabtesco Corporation: Nabtesco is a leading provider of platform screen doors and related solutions, with a focus on safety, efficiency, and passenger comfort. The company reported annual revenue of USD 550 million from PSD installations in 2021.

Westinghouse Air Brake Technologies Corporation (Wabtec): Wabtec offers a range of advanced transportation solutions, including platform screen doors, to enhance passenger safety and optimize transport operations. The company's annual revenue from PSD sales was USD 300 million in 2021.

Fangda Group: Fangda is a prominent manufacturer of platform screen doors, serving both domestic and international markets. The company's annual revenue from PSD installations was USD 250 million in 2021.

Faiveley Transport (a Wabtec Company): Faiveley Transport, a subsidiary of Wabtec, specializes in railway solutions, including platform screen doors. The company's annual revenue from PSD sales was USD 200 million in 2021.

Gilgen Door Systems AG: Gilgen provides innovative door solutions, including platform screen doors, with a strong focus on safety and reliability. The company reported annual revenue of USD 180 million from PSD sales in 2021.

Horton Automatics (a Sanwa Holdings Company): Horton Automatics, a division of Sanwa Holdings, offers automatic door solutions, including platform screen doors, for various applications. The company's annual revenue from PSD sales was USD 150 million in 2021.

ST Electronics: ST Electronics provides integrated security and transportation solutions, including platform screen doors, to enhance passenger safety and security. The company's annual revenue from PSD installations was USD 120 million in 2021.

Toshiba Infrastructure Systems & Solutions Corporation: Toshiba Infrastructure specializes in advanced infrastructure solutions, including platform screen doors, for efficient and safe transportation systems. The company reported annual revenue of USD 100 million from PSD sales in 2021.

EVM: EVM is a leading manufacturer of platform screen doors, serving the European market with innovative and customized solutions. The company's annual revenue from PSD sales was USD 80 million in 2021.

Swiss-Swedish ABB Group: ABB offers intelligent automation and electrification solutions, including platform screen doors, to enhance transport system performance and safety. The company's annual revenue from PSD installations was USD 60 million in 2021.

Conclusion

The Platform Screen Doors (PSD) market plays a crucial role in enhancing passenger safety, operational efficiency, and the overall quality of public transportation systems. As urbanization continues to accelerate and governments prioritize sustainable mobility, the demand for PSDs is expected to grow significantly. Key players, including Nabtesco Corporation, Westinghouse Air Brake Technologies Corporation (Wabtec), and Fangda Group, are driving innovations in the PSD market, contributing to safer and more efficient transportation experiences for millions of passengers worldwide. With continued investment in modern transport infrastructure, the adoption of Platform Screen Doors is set to expand, fostering a safer and more interconnected global transit network.

#market research #marketreports

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alliedcreation · 1 year ago

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Cleaning Services Market to Perceive Prominent Growth of $ 111,498.8 million by 2030

“Cleaning Services Market by Type, End-User, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global cleaning services market size was valued at $55,715.0 million in 2020, and is projected to reach $111,498.8 million by 2030, registering a CAGR of 6.5% from 2021 to 2030. The floor care segment was the highest contributor to the market, with $12,293.8 million in 2020, and is estimated to reach $22,820.2 million by 2030, at a CAGR of 5.7% during the forecast period. Cleaning services encompass a wide range of services such as window washing, floor cleaning, vacuuming, furniture cleaning, carpet cleaning, air duct cleaning, water damage restoration, and other similar services. These services are used by both commercial and residential customers.

Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1913

The growth of cleaning services market can be attributed to growing acceptance of these services as a result of the economic upturn, increasing discretionary income, and the rise in dual-income households, supporting market expansion. Furthermore, expansion in the commercial sector and real estate investment are expected to fuel demand for various cleaning services. However, high competition, particularly in industrialized countries, is one of the key reasons limiting market growth. On the contrary, rapid urbanization has had a favorable impact on the cleaning services business, albeit having a detrimental impact on the environment due to infrastructure strain. Many governmental garbage management operations, such as mobile applications for smart cities, are influencing the cleaning services market. The market for cleaning services is likely to continue to develop as public awareness of the benefits of a green and healthy environment grows, thereby creating opportunities for the global cleaning services market growth

Based cleaning services market analysis by type, the floor care segment was the dominant segment in 2020 and is expected to remain dominant throughout the forecast period. The growth in this segment can be attributed to the rising demand for high-end cleaning products. Furthermore, growing demand of cleanliness in office and home premise drives the market growth for the segment. However, the carpet and upholstery segment is expected to garner the highest growth rate throughout the forecast period. The growth in this segment of the cleaning services market can be attributed to growth in the sales of home décor items such as rugs, carpets, furniture and more among others.

Based on cleaning services market forecast by end-use, the commercial segment accounted for majority of the share in 2020 and is expected to continue the trend throughout the forecast period. The growth of this segment can be attributed to rise in the number of commercial premises such as offices, hospitals, clubs and more among others. However, the residential segment is expected to grow at the fastest growth rate throughout the forecast period owing to increasing in working hours coupled with growing trend of cleanliness among house owners.

Inquiry Before Buying @ : https://www.alliedmarketresearch.com/purchase-enquiry/1913

By region, North America region remained the dominant market in 2020 and is expected to grow at a notable growth rate through the forecast period. U.S. was the dominant country in terms of revenue share in 2020 and is expected to continue the trend throughout the forecast period. Asia-Pacific is expected to grow at the fastest CAGR of 7.4% throughout the forecast. The growth of this region in the cleaning services market can be attributed to the improvement in business infrastructure and rapid increase in economic growth over the last decade.

Key findings of the study

On the basis of type, the carpet and upholstery segment is projected to witness the highest CAGR of 7.8%, in revenue terms, during the forecast period.

On the basis of end user, the commercial segment is expected to dominate the market from 2021 to 2030.

The residential segment is expected to grow at a significant CAGR during the forecast period.

U.S. was the largest country, in terms of revenue generation for cleaning services in 2020.

Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 7.4% from 2021 to 2030

The cleaning services market is for the most part an organized market which is dominated by few players. The key players in the cleaning services industry relies on strategies such as product launch and acquisition to stay relevant in the global cleaning services market share. The key players profiled in the report are ABM Industries Inc., Analog Cleaning Systems, Aramark Corporation, Chem-Dry, Cleannet, Jani-King International, Inc., Pritchard Industries Inc, Sodexo, Coit Cleaning And Restoration Services, And The Servicemaster Company, Llc.

Procure Complete Report (224 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/c0e906a0fd955aba9352e1c30cacf6b8

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researchvishal · 2 years ago

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Bicycle Market Research, Segmentation, Key Players Analysis & Forecast By 2032

The bicycle market trends is projected to grow steadily at a CAGR of 5.8%. The bicycle market is anticipated to increase from US$ 59,882.2 Mn in 2021 to US$ 109,511.7 Mn by 2032, according to FMI.

Bicycles have been a popular mode of transportation for decades, and their popularity is expected to continue growing in the future. Here are some of the factors driving this trend:

Health and Fitness: Bicycling is an excellent form of exercise and is gaining popularity as a way to stay fit and healthy. The growing awareness of the importance of a healthy lifestyle is expected to increase the demand for bicycles in the future.

Environmental Concerns: Bicycles are an eco-friendly mode of transportation that does not produce emissions or contribute to air pollution. As environmental concerns grow, the demand for bicycles is expected to rise.

Urbanization: As cities become more crowded, bicycles offer a practical and convenient solution for short trips and commuting. The development of bike-friendly infrastructure, such as bike lanes and bike-sharing programs, is further driving the demand for bicycles in urban areas.

Technological Advancements: The development of e-bikes, which feature electric motors that assist with pedaling, has made cycling more accessible and enjoyable for many people. The growing popularity of e-bikes is expected to contribute significantly to the growth of the bicycle market in the future

The customer demand for bicycle as a practical form of exercise to ensure a healthy life free from obesity and other illnesses is predicted to further boost the bicycle market share. Many governments are aggressively constructing the infrastructure needed to support bicycle commuting at the same time, which boosts demand for bicycle.

The creation of dockless bicycle sharing services that use mobile apps is the result of recent advancements in GPS technology and mobile app development. The widespread usage of such dockless bicycle-sharing programmes is also anticipated to significantly raise bicycle sales.

Due to the emergence of several online bicycle booking platforms through web portals and mobile applications, such Uber Bike, Yulu, and others, it is anticipated that the use of cars is rising. This presents numerous opportunities in the bicycle market.

The bicycle market growth is expected to be further fueled by expanding media coverage of such events and the growing influence of celebrity endorsement. Building the infrastructure necessary to encourage and support bicycle commuting is a top priority in China, Japan, and Singapore.

For more information: https://www.futuremarketinsights.com/reports/bicycle-market

Key Takeaways from Market Study

The bicycle market is expected to have a CAGR of 4.76% during the forecast period.

The bicycle marketis having a market valuation of US$ 1159.6 billion in 2022

The market is segmented based on product, wherein the road bicycle accounted for an adequateglobal bicycle market share of 40% in 2021.

The market is segmented based on end user, wherein the men segment accounted for a global bicycle market shareof 40% in 2021.

The market is segmented based on technology, wherein the conventional segment accounted for a significantglobal bicycle market revenue share of 80% in 2021.

The Asia-Pacific bicycle marketis anticipated to grow at the fastest rate, with a revenue share of 30% during the forecast period.

The Europe bicycle marketis expected to grow significantly with a CAGR of 10.4% during the forecast period.

Competitive Landscape:

Key players in the bicycle market can develop and promote newer, better products at higher price points in order to maintain a competitive edge in the bicycle market. As there are so many important players in the bicycle market, the expansion of the market is highly fragmented and diverse in its structure.

Some of the major participants in the bicycle market are:

Accell Group, Atlas Cycles (Haryana) Ltd., Avon Cycles Ltd., Cervelo, Dorel Industries Inc., Giant Bicycles, Merida Industry Co., Ltd., Specialized Bicycle Components, Inc., SCOTT Sports SA, and Trek Bicycle Corporation.

In order to grow its business in this sector, Beerens Groep NV, a Belgian automotive supplier company, in July 2020, purchased the distributor of a felt brand from its French parent company Skis Rossignol S.A., Van Der Wal.

Pony is a 2017 app-based platform for dockless bicycle rentals in a few locations across Europe. The software allows users to find nearby vehicles that are available and lock/unlock them by scanning a QR code. Users may leave the bicycle at any authorized spot when they reach their destination.

Key segments

By Product Type:

Comfort

Cruiser

Mountain

Hybrid

Road

Cargo

Youth

By Technology:

Electric

Conventional

By Price:

Low Range

Medium range

Premium

By End User:

Kids

Men

Women

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researchanalystsblog · 2 years ago

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Cleaning Services Market Size, Porter’s Five Forces - ABM Industries Inc, Analog Cleaning Systems

According to a new report published by Allied Market Research, titled, “Cleaning Services Market by Type, End-User, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global cleaning services market size was valued at $55,715.0 million in 2020, and is projected to reach $111,498.8 million by 2030, registering a CAGR of 6.5% from 2021 to 2030. The floor care segment was the highest contributor to the market, with $12,293.8 million in 2020, and is estimated to reach $22,820.2 million by 2030, at a CAGR of 5.7% during the forecast period. Cleaning services encompass a wide range of services such as window washing, floor cleaning, vacuuming, furniture cleaning, carpet cleaning, air duct cleaning, water damage restoration, and other similar services. These services are used by both commercial and residential customers.

Key Players:

ABM Industries Inc., Analog Cleaning Systems, Aramark Corporation, Chem-Dry, Cleannet, Jani-King International, Inc., Pritchard Industries Inc, Sodexo, Coit Cleaning And Restoration Services, And The Servicemaster Company, Llc.

Get Free Sample @ https://www.alliedmarketresearch.com/request-sample/1913

Key findings of the study

On the basis of type, the carpet and upholstery segment is projected to witness the highest CAGR of 7.8%, in revenue terms, during the forecast period.

On the basis of end user, the commercial segment is expected to dominate the market from 2021 to 2030.

The residential segment is expected to grow at a significant CAGR during the forecast period.

U.S. was the largest country, in terms of revenue generation for cleaning services in 2020.

Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 7.4% from 2021 to 2030

#Cleaning Services Market #Cleaning Services Market Size #Cleaning Services Market Share #Cleaning Services Market Growth #Cleaning Services Market Key Players

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cool-akashy-maximize · 2 years ago

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Global Smart Transportation Market Growth Rate, Type & Application, Key Players, Revenue, Major Regions, Challenges, Forecast Research 2029

Global Smart Transportation Market: size was valued at US$ 104.51 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 10.6% through 2022 to 2029, reaching nearly US$ 234 Bn.

Global Smart Transportation Market Overview:

The purpose of this research is to provide a detailed analysis of the Global Smart Transportation Market by segment and geography. The report goes into great detail about the primary factors influencing the Global Smart Transportation market's growth. The research also includes a comprehensive assessment of the market's value chain.

Global Smart Transportation Market Dynamic:

The smart transportation market is driven by the high demographic rates, rise in urban population, the increase in adoption of smart and connected technologies in the transportation infrastructure, and the increase in free trade agreements, government authorities are adopting Public Private Partnerships (PPP) working models, and government initiatives for smart cities. These are the major key factors that drives the growth of the global market during the forecast period 2022-2029.

With significant technology developments, semi-autonomous and autonomous vehicles are rapidly evolving. Autonomous vehicles operate with little or no human involvement. The development of driverless vehicles is becoming increasingly popular in the transportation industry. Several transportation companies are expected to offer semi-autonomous vehicles in the forecast period, despite the fact that widespread acceptance of autonomous vehicles will take time. Some organisations that provide mobility-on-demand services are already using semi-autonomous vehicles technologies in their automobiles.

To Get a Copy of the Sample of the Global Smart Transportation Market Click: https://www.maximizemarketresearch.com/request-sample/14787

Market Scope:

To get the final quantitative and qualitative data, all possible components influencing the markets covered by this research study were studied, thoroughly researched, validated by primary research, and evaluated. Market size is predicted for top-level markets and sub-segments, and the influence of inflation, economic downturns, regulatory and policy changes, and other variables is taken into account when estimating market size. This data is collated and presented in this study, together with comprehensive contributions and analysis from companies.

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.

Global Smart Transportation Market Segmentation:

Based on the Transportation Mode, the market is segmented into Roadways, Railways, Airways, and Maritime. Airways segment is expected to hold the largest market share of xx% by 2029. This is due to an increase in demand for aviation services. With the reduction in the cost of air travel and improvement in living standards, air transportation has become affordable to several people. Digitalization of services and new technologies are driving the airlines' industry to ensure reduce operating cost, smooth maintenance, and take advantage of the increasing air travel. These are the key benefits that drive the growth of the Airways transportation mode segment in the global market during the forecast period.

Based on the Application, the market is segmented into Shared mobility, Route information and route guidance, Transit hubs, Autonomous/driverless vehicles, Video management, and others. Autonomous/driverless vehicles segment is expected to grow rapidly at a CAGR of xx% during the forecast period. An increasing development of driverless vehicles is becoming popular in the transportation industries and many transportation companies are expected to provide driverless vehicles in the forecast period. These are the key factor that drives the growth of the Autonomous/driverless vehicles segment in the global market during the forecast period.

Global Smart Transportation Market Key Players:

• Thales • Huawei • Siemens • IBM • Cisco Systems • SAP • Cubic • ALSTOM • Bombardier • Toshiba • Harris • Saab • Veson Nautical • Advanced Navigation Positioning Corporation (ANPC) • BASS Software • BENTLEY SYSTEMS • Indra Sistemas • Trimble • TomTom • Amadeus • Conduent • Kapsch • Hitachi • The Descartes Systems • Accenture • Rockwell Collins • DNV GL

Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. Primary research included in-depth interviews with important thought leaders and industry professionals such as experienced front-line personnel, CEOs, and marketing managers, while secondary research included an analysis of the top manufacturers' quarterly and financial performance. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.

The major players covered in the Global Smart Transportation market report are

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Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Global Smart Transportation Market:

The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Global Smart Transportation market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Global Smart Transportation industry's firms and associations.

Key Questions Answered in the Global Smart Transportation Market Report are:

Which segment grabbed the largest share in the Global Smart Transportation market?

What was the competitive scenario of the Global Smart Transportation market in 2021?

Which are the key factors responsible for the Global Smart Transportation market growth?

Which region held the maximum share in the Global Smart Transportation market in 2021?

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severepeanutperfection · 2 years ago

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Cargo Bike Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2031

The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031.

With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. According to a recent report by Future Market Insights (FMI), the global cargo bike market is projected to expand at CAGR of around 11.6% over the forecast period 2021-2031.

Sustainable urban logistics development is becoming increasingly vital to keep up with quality-of-life parameters in urban centres, while solving two major problems—congestion and poor air quality. These factors are critical to sales of cargo bikes.

The usage of cargo bikes as a mode of transportation for urban freight flows has a favourable impact on these issues, compelling manufacturers to invest more in the manufacturing sector, thereby fuelling the demand for cargo bikes in the long term.

Increasing monetary and non-monetary incentives are encouraging the adoption of battery-operated cargo bikes. Moreover, the need for sustainable urban mobility and modern transportation is driving the transition from conventional fuel bikes to paddle assisted and battery assisted cargo bike for mode of transport.

FMI projects demand among courier and parcel services providers to rise at 11.8% over the assessment period. Focus on curbing carbon footprint by the industry will remain a chief growth driver. Cargo bikes are anticipated to have a positive influence on energy security and air quality.

Key Takeaways from Cargo Bike Market Study

Three wheeled cargo bikes are anticipated to account for 423 Mn by the end of 2021, owing to courier delivery, personal transport, and warehouse transport applications.

US$ 3,501-6,000 price range segment sales accounted for US$ 414 Mn supported by availability of electric and conventional cargo bikes.

Germany leads the Europe market with a US$ 253.8 Mn sales figure in 2021 because of ease availability of raw material and government incentives.

The U.S. will hold around 92% of the North America market through 2031, supported by the presence of major logistics players in the country.

In 2021, the Brazil cargo bike market will rise at steady 6.1% CAGR, with investments into low cost logistics gaining ground in the country.

“The global rise in traffic congestion coupled with growing demand from the logistics sector, especially following the outbreak of the COVID-19 pandemic is expected to drive the market for cargo bikes, through the end of 2031” says a Future Market Insights analyst.

Competitive Landscape

The global cargo bike market is highly competitive at regional, country, as well as global level, and highly fragmented in nature. Top companies operating in the market contribute notably to revenue generation. With compliance to governmental standards and regulations, these companies have a global brand presence.

Some of the key players included in the report are Accell Group N.V. (Carqon), Jinhua Jobo Technology Co., Ltd., BODO Vehicle Group Co., Ltd. (LUXMEA), Chongqing Mobimax Technology Co., Ltd., Mobility Holdings, Ltd. (Tern Bicycles), Riese & Müller GmbH, Urban Arrow, Worksman Cycles, Yuba Electric Cargo Bikes, Rad Power Bikes Inc., and others.

Cargo Bike Market by Category

By Product Type:

Two Wheeled

Three Wheeled

Four Wheeled

By Propulsion:

Conventional

Electric

By Price:

Below US$ 1,500

US$ 1,500-3,500

US$ 3,501-6000

Above US$ 6,000

By Wheel Size:

Below 20″

20″-24″

26″

27.5″

Others

By End Use:

Courier & Parcel Service Provider

Large Retail Supplier

Personal Transportation

Service Delivery

Waste, Municipal Services

Report Coverage:

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Key Points Covered in the Cargo Bikes Market Study

Market estimates and forecast 2016-2031

Key drivers and restraints impacting market growth

Segment-wise, Country-wise, and Region-wise Analysis

Competition Mapping and Benchmarking

Brand Share and Market Share Analysis

Key Product Innovations and Regulatory Climate

COVID-19 Impact on Cargo Bikes Market and How to Navigate

Recommendation on Key Winning Strategies

For More Info@ https://www.futuremarketinsights.com/reports/cargo-bike-market

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latestglobalmarketresearch · 2 years ago

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Light aircraft segment is expected to grow at the highest CAGR in the business jets market during the forecast period

The global business jets market size is projected to grow from an estimated USD 18.8 billion in 2020 to USD 38.0 billion by 2030, at a CAGR of 7.3% during the forecast period.

The increasing number of high net worth individuals, upcoming new aircraft program, and aging fleet size to drive the growth of the market. Though the market has witnessed a slow growth in recent years, aircraft with Vertical Take-off and Landing (VTOL) capability and environment-friendly propulsion technologies, including electric and hybrid engines, are expected to reduce the operating costs drastically and serve as an opportunity for the market growth up to 2030.

Browse 234 market data Tables and 53 Figures spread through 261 Pages and in-depth TOC on "Business Jets Market - Global Forecast to 2030"

Based on aircraft type, the light segment is projected to grow at the highest CAGR from 2019 to 2030. The growth of this segment can be attributed to new startups focusing on developing aircraft in the light category. Commercialization of urban air mobility will further drive the growth of light business jets market, which will be used for intra- and intercity travel.

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Based on the point of sale, the OEM segment is projected to grow at the highest CAGR from 2019 to 2030. The growth of this segment can be attributed to increasing aircraft deliveries during the forecast period. New aircraft programs such as Bombardier’s Global 5500, 6500, and 8000; Embraer’s Praetor 500 and 600; and Textron’s Citation Longitude, among others contribute to increasing OEM deliveries.

Based on systems, the avionics sub-segment of OEM systems is projected to grow at the highest CAGR from 2019 to 2030

The growth of this segment can be attributed to the periodic upgrades in avionics systems. Manufacturers are currently focusing on avionics components to develop products that are more reliable, accurate, and efficient. Continuous improvements in software technology have modified the human-machine interface of avionics systems. It has become more user-friendly and can automate a wide variety of in-flight tasks, thereby reducing the workload of the flight crew to a large extent.

Asia Pacific’s GDP forecast is estimated to rise in the coming years, with developing countries such as China and India expected to have considerable growth potential for the market. China, in recent times, has become a market for huge foreign investments due to the stable growth and robust developments in its economy. With improvements in technology, business jets are acting as the emerging frontiers in the aircraft industry. Investments in more efficient power electronics, lightweight components, and competent batteries together drive the business jets market.

Major players operating in the business jet market include Bombardier (Canada), Embraer (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherland), and Boeing (US), among others. These players offer business jets of various aircraft type including super light, light, mid-sized, super mid-sized, large, and airliner. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America.

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bfactmr · 3 years ago

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The Global Demand of Airborne Optronics Market, Growth Analysis, Latest Trends and Forecast till 2031

A recent study by Fact.MR on the airborne optronics market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of airborne optronics.

The Market survey of Airborne Optronics offers a comprehensive analysis of diverse features, including production capacities analysis of Airborne Optronics, demand, product developments, revenue generation, and Size of Airborne Optronics Market across the globe.

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Key Market Segments Covered

By System

By Technology

By Application

By Aircraft Type

By End Use

By Region

Reconnaissance Airborne Optronics Systems

Targeting Airborne Optronics Systems

Search and Track Airborne Optronics Systems

Surveillance Airborne Optronics Systems

Warning/detection Airborne Optronics Systems

Countermeasure Airborne Optronics Systems

Navigation and Guidance Airborne Optronics Systems

Special Mission Airborne Optronics Systems

Multispectral Airborne Optronics Systems

Hyperspectral Airborne Optronics Systems

Commercial Airborne Optronics Systems

Military Airborne Optronics Systems

Space Airborne Optronics Systems

Fixed Wing

Rotary Wing

Urban Air Mobility

Unmanned Aerial Vehicles

OEMs

Aftermarket

North America

Europe

Latin America

South Asia

East Asia

Oceania

MEA

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Airborne Optronics.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

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Some Notable Offerings by Fact.MR Report on Airborne Optronics market:

We will provide you an analysis of the extent to which this Airborne Optronics market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.

We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.

Also, this report will help you to identify any trends to forecast growth rates.

The analyzed report will forecast the general tendency for supply and demand.

Some of the Airborne Optronics Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

Details regarding latest innovations and development in Airborne Optronics and how it is gaining customer traction during the forecast period.

Analysis about the customer demand of the products and how it is likely to evolve in coming years.

Latest regulations enforced by government bodies and local agencies and their impact on Demand of Airborne Optronics Market .

Insights about adoption of new technologies and its influence on the Airborne Optronics market Size.

Overview of the impact of COVID-19 on Airborne Optronics Market and economic disruptions caused by the pandemic.

Evaluates post-pandemic impact on the Sales of Airborne Optronics Market during the forecast period.

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How Fact.MR Assists in Making Strategic Moves For Airborne Optronics Market Manufacturer?

The data provided in the Airborne Optronics market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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market-research-reports-blogs · 3 years ago

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Electric Vehicle (EV) Market Type, Propulsion, End-User, Region Forecast to 2028

The global Electric Vehicle (EV) market size is expected to reach USD 917.70 Billion in 2028 and register a revenue CAGR of 20.6% over the forecast period, according to a latest report by Reports and Data. Favorable government policies and subsidies for purchase of electric vehicles and rising focus on reduction of emission levels and air pollution globally are key factors expected to drive market revenue growth.

Electric Vehicles (EVs) are propelled by a battery-powered electric motor rather than an internal combustion engine. Electric vehicles are an ideal mobility solution, with very low vehicle emission levels and repair costs, can be charged at home, and be easily ridden or driven. As EVs run on electricity, no harmful fumes are emitted. In addition, there are no liquid fuel components such as fuel line, fuel pump, or fuel tank present in these vehicles. Rising levels of carbon emissions due to increasing number of fossil fuel-powered vehicles and government initiatives encouraging adoption of EVs is expected to drive demand for advanced EVs going ahead.

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Major environmental impact caused by fossil fuel vehicles and volatility in petroleum prices have opened doors to alternative fuel vehicles in the automotive market. Consumers are more willing to use battery-powered or hybrid vehicles as a result of rising environmental concerns and favorable schemes, which are expected to positively impact market revenue growth. As traditional fuel vehicles are primary contributors to air pollution levels, various governing bodies globally have imposed stringent emission regulations on vehicle manufacturers to reduce Greenhouse Gas (GHG) emissions. Policies formulated by government agencies to support manufacturing of electric vehicles and develop EV infrastructure as well as electrification programs, and rapid urbanization are some key factors expected to drive market revenue growth.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/electric-vehicle-ev-market

Some Key Highlights From the Report

Passenger vehicles segment is expected to register robust revenue growth over the forecast period. Rising demand for zero-emission vehicles and continuous reductions in battery prices are factors expected to drive revenue growth of this segment. Use of passenger electric vehicles will contribute to reduced air pollution in the long term. Furthermore, factors such as supportive government initiatives and tax rebates and discounts on purchase of EVs are expected to support market growth over the forecast period.

Lithium-ion battery segment is expected to account for largest revenue share over the forecast period owing to lower manufacturing costs, lightweight, high energy efficiency, good temperature performance, and low self-discharge. Most components of lithium-ion batteries can be recycled, which is expected to boost demand for these batteries.

BEV segment is expected to account for a considerably large revenue share in the global Electric Vehicle (EV) market over the forecast period. BEVs are energy efficient and have an advanced regenerative braking system, which captures energy and restores it when charging of battery is stopped.

The Electric Vehicle (EV) market in North America is expected to account for largest revenue share over the forecast period. Increasing sales of EVs backed by presence of established manufacturers such as Tesla is expected to drive market growth. In addition, stringent government regulations aimed at reducing vehicles emissions and rising preference for connected vehicles are other factors expected to drive market growth.

Major players in the market report include Bayerische Motoren Werke Aktiengesellschaft, BYD Company Limited, Daimler AG, Energica Motor Company S.p.A, Ford Motor Company, General Motors Company, Nissan Motor Co., Ltd, Tesla, Inc., Toyota Motor Corporation, and Volkswagen AG.

For the purpose of this report, Reports and Data has segmented global Electric Vehicle (EV) market based on vehicle type, battery type, propulsion, and region:

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Vehicle Type Outlook (Revenue, USD Billion; 2018-2028)

Passenger Vehicles

Commercial Vehicles

Two-wheelers

Battery Type Outlook (Revenue, USD Billion; 2018-2028)

Lithium-Ion

Lead-Acid

Nickel-Metal Hydride

Sodium-Ion

Others

Propulsion Outlook (Revenue, USD Billion; 2018-2028)

Battery Electric Vehicle (BEV)

Plug-In Hybrid Electric Vehicle (PHEV)

Hybrid Electric Vehicle (HEV)

Regional Outlook (Revenue, USD Billion; 2018-2028)

U.S.

Canada

Mexico

Germany

U.K

France

Italy

Spain

Sweden

BENELUX

Rest of Europe

China

India

Japan

South Korea

Rest of APAC

Brazil

Rest of LATAM

Saudi Arabia

UAE

South Africa

Israel

Rest of MEA

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alliedcreation · 1 year ago

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Cleaning Services Market to Perceive Prominent Growth of $ 111,498.8 million by 2030

The global cleaning services market size was valued at $55,715.0 million in 2020, and is projected to reach $111,498.8 million by 2030, registering a CAGR of 6.5% from 2021 to 2030. The floor care segment was the highest contributor to the market, with $12,293.8 million in 2020, and is estimated to reach $22,820.2 million by 2030, at a CAGR of 5.7% during the forecast period. Cleaning services encompass a wide range of services such as window washing, floor cleaning, vacuuming, furniture cleaning, carpet cleaning, air duct cleaning, water damage restoration, and other similar services. These services are used by both commercial and residential customers.

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Key findings of the study

On the basis of type, the carpet and upholstery segment is projected to witness the highest CAGR of 7.8%, in revenue terms, during the forecast period.

On the basis of end user, the commercial segment is expected to dominate the market from 2021 to 2030.

The residential segment is expected to grow at a significant CAGR during the forecast period.

U.S. was the largest country, in terms of revenue generation for cleaning services in 2020.

Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 7.4% from 2021 to 2030

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delvenservices · 1 year ago

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Airborne Optronics Market Research Analysis: 2028

Airborne Optronics Market, By End Use, System, Technology (Hyperspectral, Multispectral), Application (Commercial, Military, Space), Aircraft Type (Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Global Airborne Optronics market is anticipated to reach USD 1.7 billion in 2021 growing at a CAGR of 13.4% during the forecasting period, 2021-2028.

Optronics is the short form for optoelectronics. It a branch of physics that deals with the devices that help to develop electrical energy using the optical energy/ solar energy. Considering airborne optronics the recent devices include sensor, and system which can be used for both manned and unmanned aerial vehicle. They have the ability to provide both strategic and tactical advantage.

Due to an increase in application of Airborne optronics for unmanned aerial vehicle and the recent advancements in the sector are some of the factors that have supported long-term expansion for Airborne Optronics industry.

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Key Findings

Global Airborne Optronics market is segmented into End Use, System, Technology, Application, Aircraft Type and geography.

Technology segment is segmented into Hyperspectral, Multispectral

Application segment is segmented into Commercial, Military, and Space

Aircraft Type segment is segmented into Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles

Geographically, global Airborne Optronics market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape

Key players in global Airborne Optronics market are Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel) among others.

Reasons to Acquire

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Gain authentic and granular data access for Airborne Optronics market so as to understand the trends and the factors involved behind changing market situations

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In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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techscimarketresearch · 3 years ago

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Vietnam Pharmacy Retails Market to Grow Due to Technological Advancement until 2026 | TechSci Research

Evolving trend of online shopping is driving the growth of Vietnam Pharmacy Retails Market, in the forecast period, 2022-2026.

According to TechSci report on, “Vietnam Pharmacy Retails Market By Market Structure (Organized v/s Unorganized), By Product Type (Prescribed Drugs, Over-the-Counter Products, Non-Pharmaceutical Products, Medical Equipment), By Therapeutic Area (Cardiovascular, Anti-Diabetic, Pain Relief/Analgesics, Vitamins/Minerals/Nutrients, Anti-Infective, Others), By Drug Type (Generic v/s Patented), By Pharmacy Location (Street/Mall Based v/s Hospital Based), By Region, Competition Forecast & Opportunities, 2026”, Vietnam pharmacy retails market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Vietnam pharmacy retails market owes its growth to the factors like government aid toward provision of proper allotment of public funds and resources so that new market players may enter the market with convenience.

Moreover, high economic growth of the country and the increased personal income is also influencing the growth of the Vietnam pharmacy retail market in the upcoming five years. Additionally, rising population of the country along with the rapid urbanization is driving the growth of the Vietnam pharmacy retail market in the next five years. Also, increasing number of geriatric populations is surging the demand for the increased number of pharmacy retail in their local areas and thus driving the growth of the Vietnam pharmacy retail market in the future five years. Higher living standards of the population is stimulating the aggregate consumption of pharmaceutical products and further substantiating the growth of the Vietnam pharmacy retails market in the forecast period until 2026.

Although consumption behavior of the middle-class and upper-class patients who are actively inclined toward purchasing drugs from private pharmacies that are not connected with public service delivery, or health insurance system is impacting the growth of the Vietnam pharmacy retails market in future.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Vietnam Pharmacy retails Market"

https://www.techsciresearch.com/report/vietnam-pharmacy-retails-market/7822.html

The Vietnam pharmacy retail market segmentation is based on market structure, product type, therapeutic area, drug type, pharmacy location, competitive landscape, and regional distribution. Based on product type, the market is further bifurcated into prescribed drugs, over-the-counter products, non-pharmaceutical products, and medical equipment. Over the counter drugs and products are anticipated to hold the largest revenue shares of the market and dominate the market segment on the account of ease of accessibility of the products for the consumer. Prescribed drugs are also expected to register a significant growth in the future five years on the backbone of investment and government initiatives and insurances claim is anticipated to further support the growth of the Vietnam pharmacy retail market in the future forecast period.

Holding major shares of the Vietnam pharmacy retails market are Long Chau & Phano Pharmacy, Pharmacity, Medicare, Phano Pharmacy, Mobile World Group (An Khang Pharmacy), My Chau Pharmacy, ECO Pharmaceuticals, VinFa (Vingroup), Ku. Dos Pharmaceutical Joint Stock Company, SK Pharmacy Group, among others. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced pharmacy retails and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such infrastructure and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

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“Vietnam healthcare sector is growing in the recent years and the services are effectively aiding the patients in the country as well as the patient visiting the country for medical tourism. Additionally, the government is actively working to improve the healthcare facility for the patient and provisions of pharmacy retails, infrastructure upgrades, reimbursement facilities and liberation of rules regarding insurance facilities in healthcare centers is further driving the growth of the healthcare sector and thus supporting the growth of the Vietnam pharmacy retail market in the upcoming five years. New market players entering the market must focus on the investment in research and development for the hospital amenities, medical devices, etc. that are often required. Availability of the wider range of the pharmaceutical products along with the FMCG related products would support their future brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Vietnam Pharmacy Retails Market By Market Structure (Organized v/s Unorganized), By Product Type (Prescribed Drugs, Over-the-Counter Products, Non-Pharmaceutical Products, Medical Equipment), By Therapeutic Area (Cardiovascular, Anti-Diabetic, Pain Relief/Analgesics, Vitamins/Minerals/Nutrients, Anti-Infective, Others), By Drug Type (Generic v/s Patented), By Pharmacy Location (Street/Mall Based v/s Hospital Based), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Vietnam pharmacy retails market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam pharmacy retails market.

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researchvishal · 2 years ago

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Cargo Bike Market Future Scenario, Key Insights, Top Companies 2031

Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR during forecast period. The cargo bike market is set to reach US$ 2,829.5 Million by the end of 2031.

Key Takeaways from Cargo Bike Market Study

Three wheeled cargo bikes are anticipated to account for 423 Mn by the end of 2021, owing to courier delivery, personal transport, and warehouse transport applications.

US$ 3,501-6,000 price range segment sales accounted for US$ 414 Mn supported by availability of electric and conventional cargo bikes.

Germany leads the Europe market with a US$ 253.8 Mn sales figure in 2021 because of ease availability of raw material and government incentives.

The U.S. will hold around 92% of the North America market through 2031, supported by the presence of major logistics players in the country.

In 2021, the Brazil cargo bike market will rise at steady 6.1% CAGR, with investments into low cost logistics gaining ground in the country.

For more information: https://www.futuremarketinsights.com/reports/cargo-bike-market

Competitive Landscape

Some of the key players included in the report are:

Accell Group N.V. (Carqon), Jinhua Jobo Technology Co., Ltd., BODO Vehicle Group Co., Ltd. (LUXMEA), Chongqing Mobimax Technology Co., Ltd., Mobility Holdings, Ltd. (Tern Bicycles), Riese & Müller GmbH, Urban Arrow, Worksman Cycles, Yuba Electric Cargo Bikes, Rad Power Bikes Inc., and others.

With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. Sustainable urban logistics development is becoming increasingly vital to keep up with quality-of-life parameters in urban centers, while solving two major problems—congestion and poor air quality. These factors are critical to sales of cargo bikes.

Cargo Bike Market by Category

By Product Type:

Two Wheeled

Three Wheeled

Four Wheeled

By Propulsion:

Conventional

Electric

By Price:

Below US$ 1,500

US$ 1,500-3,500

US$ 3,501-6000

Above US$ 6,000

By Wheel Size:

Below 20″

20″-24″

26″

27.5″

Others

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