#effect of covid 19 on diesel prices

[allresearch]

Global Used Car Market: Comprehensive Market Insights

Global Used Car Market: Comprehensive Market Insights

The global used car market represents a dynamic and rapidly expanding segment of the automotive industry. According to Straits Research, the market was valued at USD 1747.95 billion in 2024 and is expected to grow dramatically, reaching USD 4338.97 billion by 2033 with a robust CAGR of 10.63% during the forecast period. A used car is defined as a previously driven vehicle that remains functional and is intended for resale, offering an affordable alternative to new car purchases.

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Market Categorization

Vehicle Type Segmentation

Hatchback

Sedan

SUV

Fuel Type Breakdown

Petrol: Dominates the market due to lower maintenance costs and better initial acceleration

Diesel

Others (Electric, Hybrid)

Distribution Channels

Franchised Dealers

Independent Dealers

Private Sales

Online Platforms

Offline Marketplaces

Market Segmentation: https://straitsresearch.com/report/used-car-market/segmentation

Geographic Market Overview

Regional Market Trends

RegionDominant CountriesKey CharacteristicsNorth AmericaUnited States, CanadaHigh adoption of online used car platformsAsia-PacificIndia, China, JapanGrowing millennial preference for affordable vehiclesEuropeGermany, UK, FranceStrong emphasis on certified pre-owned vehiclesMiddle East & AfricaUAE, South AfricaEmerging market with increasing used car demand

Top Market Players

Asbury Automotive Group Inc

Autonation Inc.

Big Boy Toyz Ltd.

Carmax Business Services LLC

Cars24 Services Private Limited

Group1 Automotive Inc.

Hendrick Automotive Group

Lithia Motors Inc.

Mahindra First Choice Wheels Ltd

Truecar Inc.

Key Operational Factors Driving Market Growth

Consumer Dynamics

Millennial Preference: Younger generations are more inclined to purchase pre-owned vehicles to reduce expenses

Economic Constraints: Rising new car prices push consumers towards used car markets

Technological Advancements: Online platforms making used car transactions more transparent and convenient

Market Influencers

COVID-19 Impact: Pandemic disrupted new car supply chains, increasing used car demand

Remote Work Trends: Changing lifestyle patterns affecting vehicle purchasing decisions

Affordable Mobility: Used cars providing cost-effective transportation solutions

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About Straits Research

Comprehensive Insights

Detailed Market Segmentation

Global and Regional Analysis

Extensive Competitive Landscape

Future Growth Projections

Technological and Consumer Trend Evaluation

The used car market continues to demonstrate remarkable resilience and growth potential, driven by economic factors, changing consumer preferences, and technological innovations. As affordability and flexibility become increasingly important, the market is poised for significant expansion in the coming years.

[energyandpowertrends]

Oil & Gas Storage Terminal Market: Regional Insights and Market Growth

Market Overview

Oil and gas storage market terminals play a crucial role in the supply chain, ensuring that products such as crude oil, gasoline, diesel, and aviation fuel are readily available to meet market demands. As the global energy landscape evolves, the need for reliable storage facilities has become increasingly essential. Factors such as geopolitical tensions, fluctuating oil prices, and the growth of renewable energy sources are influencing storage requirements and strategies.

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Key Market Segmentation

The Oil & Gas Storage Terminal Market can be segmented based on type, tank type, product, and region.

By Type

Strategic Reserve: These facilities are maintained by governments or major oil companies to ensure national energy security. The emphasis on strategic reserves has increased in response to geopolitical tensions and market volatility.

Commercial Reserve: Commercial storage facilities cater to private companies and entities, enabling them to manage supply effectively and capitalize on market opportunities.

By Tank Type

Fixed Roof Tanks: Commonly used for storing liquids, these tanks are designed to withstand atmospheric pressure and are primarily used for products that are not subject to significant vapor pressure.

Floating Roof Tanks: These tanks have a roof that floats on the liquid surface, minimizing vapor loss and are ideal for products with high volatility, such as gasoline.

Bullet Tanks: These cylindrical tanks are typically used for storing liquefied gases and are favored for their durability and strength.

Spherical Tanks: Ideal for storing gases and liquids under pressure, these tanks are known for their strength and efficiency in space utilization.

By Product

Diesel: With rising demand for transportation fuels, diesel storage is critical for ensuring supply continuity.

Petrol: Petrol storage facilities are essential for meeting consumer demand, especially in urban areas with high vehicle usage.

Aviation Fuel: The growth of air travel has led to increased storage needs for aviation fuel, necessitating dedicated facilities.

Crude Oil: As a primary feedstock for various refined products, crude oil storage remains a significant component of the market.

Kerosene: Used for heating and as aviation fuel, kerosene storage is crucial in colder climates and regions with high air traffic.

By Region

North America: This region is a leader in oil and gas production and consumption, driving the demand for storage facilities.

Europe: The European market is influenced by regulatory policies aimed at enhancing energy security and sustainability.

Asia-Pacific: Rapid industrialization and urbanization in countries like China and India are significantly boosting the demand for oil and gas storage solutions.

Middle East & Africa: This region, rich in oil reserves, is seeing significant investments in storage facilities to enhance operational efficiency and export capabilities.

Latin America: The growth of oil production in countries such as Brazil and Colombia is contributing to an increased need for storage solutions.

Market Trends and Drivers

Technological Advancements: Innovations in storage technology, including automated systems and smart monitoring solutions, are improving efficiency and safety.

Regulatory Compliance: Increasing environmental regulations are pushing companies to invest in modern storage solutions that minimize leakage and emissions.

Supply Chain Resilience: The COVID-19 pandemic highlighted the importance of resilient supply chains, driving investments in storage infrastructure to mitigate disruptions.

Read Complete Report Details of Oil & Gas Storage Terminal Market: https://www.snsinsider.com/reports/oil-and-gas-storage-terminal-market-3162 

Conclusion

The Oil & Gas Storage Terminal Market is set for substantial growth from 2023 to 2030, supported by the increasing demand for energy products, strategic investments in storage infrastructure, and the ongoing evolution of global energy markets. As companies seek to enhance supply chain efficiency and ensure energy security, the development of advanced storage solutions will be critical in meeting future challenges.

KEY PLAYERS The Major Players are Belco Manufacturing (U.S.), Royal Vopak (Netherlands), Containment Solutions, Inc. (U.S.), Vitol (Switzerland), Oiltanking GmbH (Germany), Koole Terminals (Netherlands), Brooge Energy (UAE), Shell (Netherlands), LBC Tank Terminals (Belgium), Ergon International (U.S.)

About Us:

SNS Insider is a global leader in market research and consulting, shaping the future of the industry. Our mission is to empower clients with the insights they need to thrive in dynamic environments. Utilizing advanced methodologies such as surveys, video interviews, and focus groups, we provide up-to-date, accurate market intelligence and consumer insights, ensuring you make confident, informed decisions.

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[sudeepkedar]

CNG and LPG Vehicles Market Trends, Analysis & Forecast, 2032

CNG and LPG vehicles Market is anticipated to record USD 22.9 billion by 2032. The increasing awareness of environmental issues and the growing need to reduce carbon emissions are driving the demand for cleaner fuel alternatives like CNG and LPG. These fuels emit fewer pollutants compared to traditional gasoline and diesel, making them more attractive to eco-conscious consumers and governments enforcing stricter emission regulations.

The lower cost of CNG and LPG compared to conventional fuels is providing economic benefits to consumers and fleet operators, further encouraging their adoption. The advancements in CNG and LPG vehicle engines are improving the performance and efficiency. The launch of government incentives and subsidies for alternative fuel vehicles will drive the adoption of these vehicles. The expanding refueling infrastructure is making CNG and LPG more accessible to users, further accelerating the industry growth ahead.

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CNG and LPG vehicles industry size from the LPG fuel type segment is estimated to grow at notable rate through 2032. The lower cost of LPG compared to gasoline and diesel makes it an economically attractive alternative. LPG vehicles produce fewer emissions, aligning with increasing environmental regulations and consumer demand for greener options. The expanding infrastructure for LPG refueling is also enhancing accessibility and convenience for users. Moreover, the rollout of government incentives and subsidies for adopting cleaner fuels further boost the segment growth.

The commercial vehicles type segment is estimated to accumulate sizeable share of the CNG and LPG vehicles industry by 2032, due to the rising need for cost-effective fuel solutions and lower operating costs. CNG and LPG offer significant fuel savings compared to diesel, making them attractive for fleet operators. Additionally, stringent emission regulations are pushing companies towards cleaner alternatives, while government incentives and subsidies are supporting the adoption of CNG and LPG vehicles in the commercial sector.

Europe CNG and LPG vehicles industry is poised to reflect substantial gains between 2023 and 2032, driven by the stringent emission regulations and the push for greener transportation solutions. Economic incentives, such as tax benefits and subsidies for alternative fuel vehicles are encouraging the adoption of these vehicles. The expanding refueling infrastructure is increasing the convenience of using CNG and LPG. The rising cost of traditional fuels and increasing environmental awareness among consumers will also contribute to the growing demand for these vehicles across the region.

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Some of the leading firms operating in the CNG and LPG vehicles industry include Ford Motor Company, Maruti Suzuki, Volkswagen Group, Honda, Hyundai Motor Company, Renault, and Tata Motors. These market players are exercising mergers & acquisitions, collaborations, and launching new products to increase their market foothold. For instance, in August 2023, Indian Tata Motors introduced the CNG variant of its micro-SUV, Punch, with prices ranging from Rs 7.1 lakh to Rs 9.68 lakh.

Partial chapters of report table of contents (TOC):

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Base estimates & calculations

1.3    Forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1   Paid sources

1.4.2.2   Public sources

Chapter 2   Executive Summary

2.1    CNG & LPG vehicles market 3600 synopsis, 2018 - 2032

2.2    Business trends

2.3    Propulsion trends

2.4    Vehicle type trends

2.5    Fuel type trends

2.6    Fitting trends

2.7    Engine system trends

Chapter 3   CNG & LPG vehicles Industry Insights

3.1    Impact of COVID-19

3.2    Industry ecosystem analysis

3.3    Vendor matrix

3.4    Profit margin analysis

3.5    Technology & innovation landscape

3.6    Patent analysis

3.7    Key news and initiatives

3.7.1    Partnership/Collaboration

3.7.2    Merger/Acquisition

3.7.3    Investment

3.7.4    Level of autonomy launch & innovation

3.8    Regulatory landscape

3.9    Impact forces

3.9.1    Growth drivers

3.9.1.1   Rapid advancements in CNG technology

3.9.1.2   Increasing emphasis on sustainable mobility

3.9.1.3   Rising need for cost-effective transportation

3.9.1.4   Lower maintenance cost than petrol-powered vehicles

3.9.2    Industry pitfalls & challenges

3.9.2.1   Higher upfront costs

3.9.2.2   Reduced performance compared to petrol-powered vehicles

3.10    Growth potential analysis

3.11    Porter’s analysis

3.12    PESTEL analysis

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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[shiza0022]

Automobile Fuel Injector Market 2024 - Size, Share, Trends, Growth Analysis, and Outlook by 2034

Automobile Fuel Injector Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Automobile Fuel Injector Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate, CAGR, consumption, import/export, supply/demand, cost, market share, and gross margin. In addition, This Report study offers a comprehensive study of the key market dynamics and their latest trends, along with applicable market segments and sub-segments.

The Automobile Fuel Injector Market report profiles the successive companies, which includes: - Bosch Auto Parts Jinjiang All Day On Machinery Co DENSO Delphi NYSE：CMI Bosch Aisin

A specific study of competitive landscape of the global Automobile Fuel Injector Market has granted, providing insights into the corporate profiles, financial standing, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a transparent program to reader’s concern regarding the general market situation to further choose on this market projects.

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This report studies the global Automobile Fuel Injector Market status and forecast, categorizes the global Automobile Fuel Injector Market size (value & volume), revenue (Million USD), product price by manufacturers, type, application, and region. Automobile Fuel Injector Market Report by Material, Application and Geography with Global Forecast to 2030 is a connoisseur and far-reaching research provide details associated with world’s major provincial economic situations, Concentrating on the principle districts (North America, South America Europe, and Asia-Pacific) and the crucial nations (United States, Germany, United Kingdom, Japan, South Korea, and China).

Reports Intellect analysts are currently working analyzing and incorporating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for various businesses and industries to cope up with this unprecedented downturn and take effective strategic decisions to thrive and proliferate in the ever competitive business ecosystem. By Types: Gasoline Injection Diesel Injection

By Applications: Passenger Cars Vehicles Light Commercial Vehicles Heavy Commercial Vehicles

Market Segment by Regions, regional analysis covers North America Europe Asia-Pacific South America Middle East and Africa

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Reasons why you should buy this report

·  Understand the Present and future of the Automobile Fuel Injector Market in both Established and emerging markets. 

·  The report assists in realigning the business strategies by accentuate the Automobile Fuel Injector business priorities.

·  The report throws light on the segment expected to dominate the Automobile Fuel Injector industry and market.

·  Forecasts the regions expected to perceive ascension.

·  The newest developments within the Automobile Fuel Injector industry and details of the industry leaders alongside their market share and methods.

·  Saves time on the entry level research as the report contains principal data concerning about growth, size, leading players and segments of the industry.

·  Save and cut time carrying out entry-level research by characterizing the growth, size, leading players and segments within the global Market.

About Us :- Reports Intellect is your one-stop solution for everything associated with market research and market intelligence. 

Our exhausting team works hard to fetch the best authentic research reports backed with impeccable data figures that guarantee outstanding results anytime for you.

So, whether it is the newest report from the researchers or a custom requirement, our team is here to assist you within the absolute best manner. Contact Us: sales@reportsintellect.com PH - + 1-706-996-2486 US Address: 225 Peachtree Street NE, Suite 400, Atlanta, GA 30303

[chemicalresearchupdates]

Assessing the Impact of COVID-19 on the Industrial Alcohol Market: Current Scenario and Future Outlook

Industrial alcohol, also known as denatured alcohol or denatured ethanol, refers to ethanol that is rendered undrinkable by adding toxic or unpleasant chemicals. It is commonly used as fuel for heaters, stoves and fireplaces. Industrial alcohol finds wide applications in the production of fuels, solvents, disinfectants and more. The rising demand for biofuels provides a huge opportunity for industrial alcohol manufacturers. Ethanol is a popular biofuel used to reduce dependency on fossil fuels. Blending ethanol into gasoline reduces emissions and improves air quality.

The global Industrial Alcohol Market is estimated to be valued at US$ 180.75 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:

The growing concern towards environmental pollution and climate change has pushed several governments to promote the usage of green fuels. Many countries have mandated fuel blending targets requiring a certain percentage of gasoline and diesel to be replaced by biofuels annually. Ethanol derived from sugarcane and corn is one of the most widely used biofuels globally. Strong policy support for biofuels development is expected to drive the demand for industrial alcohol substantially in the coming years. Countries are offering incentives and subsidies to industrial alcohol manufacturers to increase ethanol production capacity. This presents a huge opportunity for industrial alcohol producers to cater to the rising needs of fuel companies and expand their production facilities for green fuels. Investments in advanced technologies to produce cellulosic ethanol from agricultural residues and wood will further augment the industrial alcohol market growth over the next decade. Porter's Analysis

Threat of new entrants: The threat of new entrants in the industrial alcohol market is moderate. High capital requirements and established distribution channels are some barriers for new players.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes. Buyers can negotiate on price and purchase in bulk.

Bargaining power of suppliers: Suppliers have moderate power as raw materials like molasses, corn and other sources are widely available. Suppliers can exercise their power in terms of pricing and quality standards.

Threat of new substitutes: Threat from substitutes is moderate as industrial alcohol has diverse applications in chemicals, personal care and pharmaceuticals which are difficult to substitute.

Competitive rivalry: Competition in the market is high owing to presence of global players. Players compete on pricing, product innovation and expanding applications. SWOT Analysis

Strengths: Industrial alcohol has wide applications in various end use industries. It is cost effective to produce and has substitutes over conventional fuels.

Weaknesses: Heavy dependency on agricultural commodities prices volatility. Stringent regulations regarding production and quality standards.

Opportunities: Growing personal care and chemical industry boosts demand. Alternate production sources like cellulosic help reduce raw material dependency.

Threats: Rising crude oil prices and development of biofuels pose threat. Vulnerable to climate change impacting agri commodity prices. Key Takeaways The global industrial alcohol market is expected to witness high growth during the forecast period of 2023-2030. The market size for 2024 is estimated to be US$ 180.75 Bn registering a CAGR of around 10%. Growth will be driven by expanding end use industries and focus on sustainable fuels. Regional analysis - North America dominates the global industrial alcohol market currently owing to high demand from chemical industry in the US. Asia Pacific is expected to be the fastest growing market during the forecast period led by China, India and other Southeast Asian countries. Growing pharmaceutical sector and manufacturing activities support market expansion in the region. Key players - Key players operating in the industrial alcohol market are BASF SE, BIRLA SUGAR, CARGILL INCORPORATED., CRISTALCO, FLINT HILLS RESOURCES, GREEN PLAINS INC., GREENFIELD SPECIALTY, MGP INGREDIENTS INC., SIGMA ALDRICH, and THE ANDERSONS INC. Players focus on capacity expansion, new product launches and partnerships to strengthen market presence.

[sonali2345]

Powering Economies: A Deep Dive into the Global Petroleum Products Market

Petroleum products, unlike petrochemicals, are a diverse range of materials derived from crude oil through the refining process. These products are complex mixtures with various applications. The majority of crude oil is processed into petroleum products, including different classes of fuels. The composition of crude oil and market demands determine the specific petroleum products produced by refineries, with the primary focus on various grades of fuel oil and gasoline. 

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 : https://www.alliedmarketresearch.com/request-toc-and-sample/15241  

COVID-19 Impact Analysis: 

The COVID-19 pandemic had a significant adverse impact on the petroleum products market. The reduced consumption of refined petroleum products and economic slowdown across major nations worldwide were key factors. The pandemic, combined with volatile crude oil prices, resulted in delays for numerous refinery projects globally. Many companies had to reorganize their operations and recover from the COVID-19 impact, which initially led to restrictions such as social distancing, remote work, and the closure of commercial activities. These restrictions presented operational challenges. Moreover, slow vaccination rollouts and high infection rates in countries like Brazil and India have impacted demand in high-growth oil markets. 

Top Impacting Factors: 

The refined petroleum products market involves entities that convert crude petroleum into products like gasoline, naphtha, diesel fuel, and liquefied petroleum gas, subsequently selling these products. Petroleum refineries are complex industrial facilities with extensive pipeline networks for transporting crude oil and refined products. The second wave of COVID-19 and resulting lockdowns, particularly in South Asian countries in March and April, had a substantial impact on the market. Further restrictions in May continued to affect oil demand in Asia. 

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/15241  

Market Trends: 

Notably, refineries are increasingly adopting carbon capture and storage techniques to reduce CO2 emissions. This approach involves capturing CO2 at its source and transporting it to monitored storage locations, effectively reducing emissions. While crude oil prices receive considerable media attention, consumers purchase various petroleum products derived from crude oil for a wide range of applications. Some products, such as gasoline, are highly visible to consumers, while others are less so. 

The demand for refined petroleum products is driven by the increasing need for electricity and a growing population. Capacity expansion in existing refineries and the establishment of new petroleum refineries (brownfields and greenfields) are expected to be the primary factors fueling market demand during the forecast period. 

Key Benefits of the Report: 

This report provides an analytical overview of the petroleum products industry, including current trends and future projections for potential investment opportunities. It covers key drivers, restraints, opportunities, and market share analysis. The report quantitatively analyzes the current market growth scenario and employs Porter's five forces analysis to illustrate buyer and supplier dynamics in the market. Additionally, it offers a detailed analysis of competitive intensity and how market competition is likely to evolve in the coming years. 

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 @ : https://www.alliedmarketresearch.com/request-for-customization/15241  

Petroleum Products Market: By Product Type Report Highlights: 

End-use: 

 Organizations,  

sole traders, 

 partnerships. 

Product Types: 

Gasoline 

Naphtha 

diesel fuel 

liquefied petroleum 

others. 

Regions 

 North America (U.S., Canada, Mexico), 

 Europe (UK, Germany, France, Italy, Russia, Spain, and the rest of Europe), 

 Asia-Pacific (China, Japan, India, Southeast Asia, South Korea, Australia, and the rest of Asia-Pacific) 

  LAMEA (Brazil, Saudi Arabia, South Africa, and the rest of LAMEA). 

Key Market Players:  

Royal Dutch Shell Plc., 

 Sinopec Corp., 

 Saudi Arabian Oil Co., 

 Exxon Mobil Corporation, 

 Total SA, 

 Petroleos de Venezuela SA, 

 China National Petroleum Corporation, 

 Chevron Corporation, 

 Rosneft PAO, 

 BP PLC. 

[delvenservices]

Low-Carbon Propulsion Market Competitive Landscape: 2028

Low-Carbon Propulsion Market by Fuel Type (CNG, LNG, Ethanol, Electric and Hydrogen), Mode (Rail and Road), Vehicle Type (Heavy-Duty and Light-Duty), Rail Application (Passenger and Freight), Electric Vehicle and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The Low-Carbon Propulsion market size is projected to reach a CAGR of 21.6% from 2022 to 2028.

The emission from the vehicles is known as the propulsion. When run on petrol or diesel the emissions from vehicle are high in carbon contents and thus act as a pollutant for the environment. On the contrary when cleaner fuels like CNG are used then the emission is low in carbon contents and thus are much cleaner and less harmful for the environment.

The recent demand for low emission vehicles along with the fluctuating fuel prices are some of the factors that have supported long-term expansion for Low-Carbon Propulsion Market.

COVID-19 had a positive effect on the market, as because the preference of people have shifted from public to private transportation.

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Regional Analysis

Europe is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the favourable governmental policies and the increased demand from the commercial sector.

Competitive Landscape

Key Players

Tesla

BYD

Nissan Motor

Yutong

Proterra

Bombardier

Siemens

Alstom

Toyota

Honda

Hyundai

Man Se

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Recent Developments

In April 2019, K12A was launched int the market by BYD.

In august 2019, Proterra Powered Vehicle electrification solutions was offered to the market by Proterra.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Low-Carbon Propulsion Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

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

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Report Scope

Low-Carbon Propulsion Market is segmented into fuel type, mode, vehicle type, electric vehicle, rail application and region.

On the basis of Fuel Type

Compressed Natural Gas (CNG)

Liquefied Natural Gas (LNG)

Ethanol

Hydrogen

Electric

On the basis of Mode

Rail

Road

On the basis of Vehicle Type

Heavy-Duty

Light-Duty

On the basis of Rail Application

Passenger

Freight

On the basis of Electric Vehicle

Electric Passenger Car

Electric Bus

Electric Two-Wheeler

Electric Off-Highway

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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[newsbites]

News from Newfoundland & Labrador, 6 July.

Public Health is changing the COVID-19 dashboard to update only once a month on the last Wednesday, aligning with other jurisdictions and the current situation.

The updated dashboard will provide more information on the timing of reported deaths, aiding in accurate data interpretation.

Despite improvements in the local and global COVID-19 situation, Public Health continues to closely monitor trends and data.

2. The second wave of fuel price increases, including the new carbon tax and fuel standards tax, is expected to have a significant impact on consumers' fuel consumption and the prices of goods and services.

The effects of these taxes are likely to be felt tomorrow, and their impact on fees and surcharges for companies such as Marine Atlantic is still uncertain.

Critics argue that the taxes will not only directly affect fuel prices but also have a trickle-down effect on the cost of various consumer goods.

3. Gasoline prices in Newfoundland and Labrador have increased by 6.6 cents per litre.

Diesel prices have also risen, with a jump of 4.5 cpl on the island and 4.7 cpl in Western Labrador and Churchill Falls.

Furnace oil, stove oil, and propane prices have all decreased, providing some relief to customers in the region.

4. Over 100 people's names and email addresses were exposed in a data breach by Newfoundland and Labrador Fertility Services, causing privacy concerns and distress.

The breach has affected individuals who are going through fertility treatments and wish to keep their journey private, adding to an already challenging process.

While an apology has been issued, affected individuals are advocating for stronger measures to protect their privacy and for the government to provide better support for fertility services in the province.

5. NL Folk Festival taking place at Bannerman Park, Military Road, St. John's, NL, Canada from Fri Jul 7, 2023 6:30 PM to Sun Jul 9, 2023 11:50 PM

[evaskaenergy8]

How Solar Power Is The Answer To The Power Crisis In India?

Even though we are the world's most significant coal producer, the country continues to face a coal supply shortage. This scarcity is becoming an essential contributor to India's electricity issue. The difficulty with evacuating and storing coal in the thermal power plant caused a supply shortage. Because of the unusual weather changes worldwide, the price of coal imports has risen, resulting in severe scarcity.

As a result, power outages are still widespread throughout India, with over 500 communities unable to access electricity. According to official statistics, India was able to fulfill the aim of 100% electrification in 2018, but unfortunately, this assertion is only limited to newspapers and articles. In actuality, the city is in better shape than in recent years, but the overall total for the country remains depressing.  

Following the Covid-19 period, the Indian manufacturing sector resumed operations and made additional attempts to recoup from the pandemic's losses. Population growth is also a major factor in the country's electrical supply.

The rising demand for electricity and the increasing rate of the power crisis give the country a chance to reduce its reliance on traditional electricity producers (Fossil Fuels) and expand its usage of renewable energy offered by our mother nature. An excellent environmentally friendly solution to the power crisis dilemma.

The sun is the only 100% cost-effective and environmentally friendly answer to India's electricity dilemma

Solar energy is the solution to all electricity-related problems. You may utilise electricity without affecting the environment by installing a high-quality solar system on your rooftop. Solar power panels are the simplest and quickest answer to all energy concerns, particularly in rural areas, which house around 65% of the country's population. 

Evaska Energy solar solutions are ideal for any sort of rooftop or land, and for any use, whether industrial, residential, hospitality, or any other form of energy demands. Solar panels are the only outstanding low-cost, high-tech answer. Evaska Energy has successfully established itself as the best solar power company in Noida, offering mini-grid and off-grid solar power installation solutions with minimal maintenance and trouble-free installation.

The continued expansion of solar panels directly impacts India's electricity issue

Since 2013, the usage of solar power panels in India has grown slowly but has increased by 72 MW per year to 227 MW per year. This is owing to the government's many solar panel subsidy programmes, tax vacations, and excise duty exemptions, which have increased the installation of solar power panels. However, there is still need more work to be done to increase the usage of solar solutions in India.

According to a government report, states, including Tamil Nadu, Maharashtra, and Gujarat, are making significant headway in installing solar panels on their rooftops. 

Which one do you believe helps to alleviate India's electricity issue - Solar versus Diesel

According to a recent study, the power provided by Solar Power Panels is less expensive than diesel-generated electricity. Diesel generators are now largely used in India when grid access is low. According to research conducted by the Centre for Science and Environment, diesel generators cost between 15-20 units of energy, but solar panels cost just approximately INR 5-6 units. This research covers the states of Delhi, Uttar Pradesh, Haryana, and Rajasthan. 

Surely!! Everyone who reads this essay should consider getting solar if they haven't already. If you are also debating whether to go solar, please contact Evaska Energy, a leading solar power company in Greater Noida with a professional team of engineers who will collaborate with you, listen to all your concerns and worries, and then specially customise the best quality solar power solution for your rooftops.

Let us look at some of the advantages of solar energy

It reduces the demand for coal: solar energy generation is at its peak during the day. This is also a period when there is a significant demand for power. If individuals can get the same results as coal-based electricity with solar panels, their reliance on coal will be reduced. 

Increases grid security:- with local and big-scale solar power solutions installed across the states, the number of energy generation centres increases. Solar electricity is being deployed on utility grids, which improves system security. Strong networks, such as Evaska Energy's, reduce the likelihood of frequent blackouts.

Reduce your power bills: As the cost of electricity rises, so does productivity, particularly in industrial locations. Evaska Energy offers the best industrial solar panel price with low initial instalments.

Evaska Energy has effectively built its status as the leading solar power provider by implementing 100% highest quality solar solutions throughout India, which offers cost-effective, simple, dependable, and low-maintenance residential, commercial, and industrial solar systems. So, if you're seeking high-quality solar solution suppliers, Evaska Energy is the firm to call. Visit the official website of Evaska Energy or give us a call right now. 

Source: https://www.evaskaenergy.com/blog/how-solar-power-is-the-answer-to-the-power-crisis-in-india

[blueweavelaltusinha]

Vietnam Agricultural Pumps Market Growth, Share, Report 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam agricultural pumps market size at USD 73.5 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Vietnam agricultural pumps market size to grow at a significant CAGR of 8.4% reaching a value of USD 129.27 million by 2029. Major growth factors of Vietnam agricultural pumps market include the growing Vietnam population have boosted demand for agricultural products. The Vietnamese government has steadily expanded its investment in infrastructure, irrigation, and wastewater treatment in response to increased water demand, as evidenced by increased water use from 2016 to 2018. Likewise, the rapid urbanization has increased the usage of technologically complex equipment in farms. This includes the usage of smart pumps and agricultural pumps, which has resulted in the market's rapid rise. In many cases, farmers are unaware of how a specific piece of equipment works. This misunderstanding could be an obstacle for the Vietnam agricultural pumps market. Also, there has been an increase in the usage of clean energy, such as solar energy, to power farming water pumps. Many of them make use of IoT and are GSM-based solar pumps. Hence, such aspects are expected to fuel the expansion of the overall market during the period in analysis. However, high costs associated with the installation and maintenance of pump systems are anticipated to restrain the overall market growth.

Vietnam Agricultural Pumps Market – Overview

Agricultural pumps are mechanical devices that employ a proper pressure head to move material from one point to another. They are utilized to suit the needs of farmers while maintaining higher agricultural yield. They are also commonly utilized for irrigation of agricultural crops that demand water. Rising farmer demand, which consequently boosts demand for high-quality agricultural pumps, is a key element driving the agricultural pump market's growth. Furthermore, due to limited supply of electricity and the use of diesel-powered generators, as well as greater utilization of renewable energy centrifugal pumps, which can lower pump operation costs to zero, are key factors supporting the growth of the agricultural pump industry.

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Impact of COVID-19 on Vietnam Agricultural Pumps Market

COVID-19 had a detrimental impact on the Vietnam agricultural pumps market. These pumps are mostly used to pump water (through revolving impellers) in industrial and residential structures. They are also widely utilized in agriculture, municipal water and wastewater treatment plants, electricity production plants, petroleum, and chemical industries, among others. The pumps have various advantages, including ease of operation, consistent delivery, the option to be installed horizontally or vertically, and low maintenance costs. The demand for these products has been temporarily restricted in recent months as a result of business closures around the world. However, demand for centrifugal pumps is expected to rebound.

Vietnam Agricultural Pumps Market – By Power Range

Based on power range, Vietnam agricultural pumps market is divided into 0.5–3 HP, 4–15 HP, 16–30 HP, 31–40 HP, and >40 HP. The 4–15 HP segment is expected to hold the highest market share. Pumps in this horsepower class can withstand voltage changes ranging from 300 to 440 volts. This market will grow at a rapid pace due to its widespread use in small and medium-sized quantities, which are often used to take water from lakes and reservoirs. Because most agricultural land is fragmented, pumps in this price range are appropriate because they are cost-effective.

Competitive Landscape

Major players operating in Vietnam agricultural pumps market include Grundfos Vietnam Co., Ltd., KSB Vietnam Co., Ltd., EBARA Vietnam Pump Company Limited, WILO Vietnam Co. Ltd, Hai Duong Pump Manufacturing Joint Stock Company, Intech Pumps, Tsurumi Pump Viet Nam Co., Ltd., Iwaki Pumps Vietnam, Sai Gon Industrial Service, and Xylem Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

[creatiview]

Move comes after the bloc found new supplies of diesel from the US, Middle East and India to replace Russian energy supplies.Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s ban comes along with a price cap agreed by the Group of Seven (G7) allied countries – the United States, Britain, Germany, France, Italy, Japan and Canada. The goal is allowing Russian diesel to keep flowing to countries such as China and India and avoiding a sudden price rise that would hurt consumers worldwide while reducing the profits funding Moscow’s budget and war. Diesel is key for the economy because it is used to power cars, trucks carrying goods, farm equipment and factory machinery. Diesel prices have been elevated because of recovering demand after the COVID-19 pandemic and limits on refining capacity, contributing to inflation for other goods worldwide. The new sanctions create uncertainty about prices as the 27-nation European Union finds new supplies of diesel from the US, Middle East and India to replace those from Russia, which at one point delivered 10 percent of Europe’s total diesel needs. Those are longer journeys than from Russia’s ports, stretching available tankers. [embed]https://www.youtube.com/watch?v=GI6v2MwkdXk[/embed] Neil Atkinson, a former International Energy Agency analyst, told Al Jazeera the EU sanctions on Russian products were unlikely to have a big impact on prices, at least initially. This is because companies worldwide have been building up stocks of Russian products ahead of the well-advertised ban, Atkinson said. “There is the possibility that if demand growth is very strong in the Asian economies … we could find that the lack of investment in parts of the oil industry infrastructure could lead to shortages and spikes in prices,” he said. G7’s price cap The G7 price cap of $100 per barrel for diesel, jet fuel and petrol is to be enforced by barring insurance and shipping services from handling diesel priced over the limit. Most of those companies are located in Western countries. It follows a $60-per-barrel cap on Russian crude that took effect in December and is supposed to work the same way. Both the diesel and oil caps could be tightened later. The diesel price cap will not bite immediately because it was set at about what Russian diesel trades for. Russia’s chief problem now will be finding new customers, not evading the price ceiling. However, the cap aims to prevent Russian gains from any sudden price spikes in refined oil products. Analysts say there might be a price bump initially as markets sort out the changes. But they say the embargo should not cause a price spike if the cap works as intended and Russian diesel keeps flowing to other countries. Diesel fuel at the pump has been flat since the start of December, costing 1.80 euros per litre ($7.37 per gallon) as of January 30, according to the weekly oil market report issued by the EU’s executive commission. Pump prices in Germany, the EU’s largest economy, fell 2.6 cents to 1.83 euros per litre ($7.48 per gallon) as of January 31. The ban provides for a 55-day grace period for diesel loaded on tankers before Sunday, a step that aims to prevent ruffling markets. EU officials say importers have had time to adjust since the ban was announced in June. Russia earned more than $2bn from diesel sales to Europe in December alone as importers appear to have stocked up with added purchases ahead of the ban. Europe has already banned Russian coal and most crude oil, while Moscow has cut off most shipments of natural gas. [embed]https://www.youtube.com/watch?v=tUdTwBYBzcc[/embed]

[sudeepkedar]

Alternative Fuel Vehicles Market Share, Trend & Growth Forecast to 2032

Alternative Fuel Vehicles Market is expected to grow at a CAGR of 10% between 2023 and 2032, driven by an increasing awareness of environmental sustainability. With concerns about climate change and air quality, consumers and businesses alike are showing interest in vehicles that utilize alternative fuels, such as electricity, hydrogen, and biofuels. As per IEA, the total number of electric cars globally on roads reached 26 million in 2022, with battery EVs taking 70% share, driven by increasing sales, marking a 60% rise compared to 2021.

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Additionally, many countries have implemented stringent emissions regulations and provided incentives to encourage the adoption of alternative fuel technologies. Subsidies, tax credits, and regulatory frameworks that promote the use of AFVs are creating a supportive environment for both manufacturers and consumers.

The global alternative fuel vehicles industry is classified on the basis of fuel type, vehicle type, end user, and region.

Biofuel segment is anticipated to gain momentum and grow at a strong CAGR through 2032, owing to its independence of traditional fossil fuels. Biofuels, derived from renewable organic sources such as crops and waste, offer a viable solution to mitigate carbon emissions and combat climate change. They are considered a relatively straightforward substitute for conventional gasoline and diesel, requiring minimal modifications to existing combustion engines.

Public transportation segment is poised to witness significant growth over the forecast period. Governments and municipalities are increasingly prioritizing sustainable transportation solutions to reduce emissions and combat urban pollution. The adoption of alternative fuel vehicles in public transportation aligns with these environmental goals, offering a scalable and impactful way to decrease the carbon footprint associated with commuting. Additionally, the public transportation sector leverages centralized refueling infrastructure, making the integration of alternative fuel technologies more feasible and cost-effective on a large scale.

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Europe alternative fuel vehicles industry size will witness significant growth throughout 2023 and 2032, backed by the regulatory initiatives and evolving consumer preferences. The proactive approach to building charging and refueling infrastructure create a conducive environment for the flourishing of AFV market in the region. Additionally, as European consumers increasingly prioritize sustainability, there is a growing willingness to embrace alternative fuel technologies, influencing purchasing decisions and driving the demand for eco-friendly transportation options.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Alternative Fuel Vehicles (AFV) market 3600 synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2023 – 2032

2.3    Regional trends

2.4    Fuel type trends

2.5    Vehicle type trends

2.6    End user trends

Chapter 3   Alternative Fuel Vehicles (AFV) Industry Insights

3.1    Impact of COVID-19

3.2    Industry ecosystem analysis

3.3    Vendor matrix

3.4    Profit margin analysis

3.5    Technology & innovation landscape

3.6    Patent analysis

3.7    Key news and initiatives

3.7.1    Partnership/Collaboration

3.7.2    Merger/Acquisition

3.7.3    Investment

3.7.4    Product launch & innovation

3.8    Regulatory landscape

3.9    Impact forces

3.9.1    Growth drivers

3.9.1.1   Rising fuel prices worldwide

3.9.1.2   Technological advancements in the automotive sector

3.9.1.3   Expanding charging infrastructure globally

3.9.1.4   Rising emphasis on cost-efficient batteries

3.9.1.5   Surge in government incentives and regulations

3.9.2    Industry pitfalls & challenges

3.9.2.1   High upfront costs

3.9.2.2   Rising concerns about running out of charge before reaching a destination

3.10    Growth potential analysis

3.11    Porter’s analysis

3.12    PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:

Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: sales@gminsights.com 

[go-21newstv]

Petrol, Diesel Prices Remain Unchanged On Sunday

Petrol, Diesel Prices Remain Unchanged On Sunday

[ad_1]

Currently, petrol and diesel prices are determined broadly by crude oil and forex rates.

State-run oil marketing companies held the prices of petrol and diesel at existing levels on Sunday. In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 4 – the same levels as the previous day. Currently, state-run oil companies Indian Oil, Bharat…

[newzzhub]

Petrol, Diesel Prices Remain Unchanged On Sunday Currently, petrol and diesel prices are determined broadly by crude oil and forex rates. State-run oil marketing companies held the prices of petrol and diesel at existing levels on Sunday.

[redheartnews]

Diesel Prices Cut For Fifth Straight Day, Petrol Steady On Tuesday Domestic petrol and diesel prices vary from state to state due to value added tax (VAT).

[newsupdated]

Diesel Prices Cut For Fourth Straight Session On Monday, Petrol Remains Unchanged Currently, petrol and diesel prices are determined broadly by crude oil and forex rates. Diesel prices were cut by 9-10 paise in metros on Monday, marking a fourth straight day of downward revision, whereas petrol rates were maintained at existing levels.