#Western Europe Heavy Ground Transportation Vehicles Market Outlook

[automotiveera]

Western Europe Heavy Ground Transportation Vehicles Market Growth and Trends Analysis

The Western Europe heavy ground transportation vehicles industry by 2030, will be valued at USD 271.5 billion. Mainly because of automotive technology developments, rapid urbanization, and commercial activity development.

Moreover, new use cases are being established because of the push toward electrification and the growth of digital technologies.

In 2020, in Europe, only 1% of new registrations were for zero carbon release heavy-duty vehicles (HDVs). Around 95% were battery-powered, and fuel-cell electric types of machinery were marginally existing.

Why Are Trucks So Vital in Western Europe? Road cargo transport is the backbone of trade and business in the Western European region.

• Trucks bring 78% of all cargo transported over land in the European continent. • Trucks occupation as part of a logistics chain whose parts also include inland waterways, shipping rail, and air transport. While distinctly, each has its benefits, together they form an integrated system. • The other transportation methods are also reliant on trucks to transfer cargo to and from ports, rail terminals, depots, and airfields. • Not only do trucks are the most responsive economical and, flexible, mode of transportation for the huge majority of goods and cargo, but they are also vital to the working of the larger, combined European logistics and transportation system. • Most of our daily requirements, including fresh food from the hypermarket or corner shop, clothing, electronics and appliances, and so on, rely on trucks at some point in the delivery chain. • Several vital public services are transported by trucks, including garbage collection, construction, and fire services.

Western Europe Bus Industry is Ruled by France

France fascinates individuals of all ages with some of the globe’s most- prominent landmarks, world-class architecture and art, an amazing amount of history, and stunning countryside, which encourages tourism in the nation. In 2021, France held the largest revenue share, of approximately 30%, in the Western European bus market.

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Therefore, travelers and daily commuters are the major factors behind the development of the bus industry in the country. Furthermore, the government encourages the manufacturing of EVs and the setup of the needed charging infrastructure, in order to boost the acceptance of electric mobility in the nation.

[jayanthitbrc]

Global GPS Equipment Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope The GPS equipment refers to various devices and tools required for the functioning of the satellite navigation system. A GPS is a satellite navigation system that determines an object's location on the ground. Sizing and Forecast The gps equipment market size has grown steadily in recent years. It will grow from $2.39 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%.  The gps equipment market size is expected to see steady growth in the next few years. It will grow to $2.88 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. Order your report now for swift delivery, visit the link: https://www.thebusinessresearchcompany.com/report/gps-equipments-global-market-report Segmentation & Regional Insights The gps equipment market covered in this report is segmented – 1) By Product Type: Data loggers, Data pushers, Data pullers, Covert GPS Trackers 2) By End-Use Industry: Transportation And Logistics, Construction, Oil And Gas, Metals And Mining, Government, Other End-Use Industries (Hospitality, Education, Retail, Agriculture, and Healthcare) 3) By Application: Road, Aviation, Marine, Location-based services, Surveying and Mapping, Other Applications The Asia-Pacific was the largest region in the GPS equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global GPS equipment market share during the forecast period. The regions covered in the gps equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on a free sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=2793&type=smp Major Driver Impacting Market Growth The increased use of GPS tracking devices in commercial vehicles contributed to the growth of the GPS equipment market. GPS tracking devices help in monitoring commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles. Through monitoring and handling these vehicles in real-time with GPS trackers, companies can get real-time updates, optimize routes, increase efficiency, and improve fuel efficiency, among others. Businesses are increasingly using GPS for tracking vehicles and will have an edge over their competitors in providing a better customer experience. Therefore, the use of GPS equipment in commercial vehicles is a key factor leading to the growth of the GPS equipment market. Key Industry Players Major companies operating in the gps equipment market report are Schlumberger Limited, Texas Instruments Inc., Garmin Ltd., Sensata Technologies Inc., Trimble Navigation Limited, Ramboll Group A/S, Jimi IoT, MiTAC Digital Technology Corporation (Navman), Suntech Power Holdings Co. Ltd. The gps equipment market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model