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#two wheeler sales report
motogadi · 2 years
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February Sale Report : Ola maintained its lead on the EV sales chart.
In February 2023, three manufacturers – market leader Ola Electric, TVS Motor Co, and Ather Energy – reported new vehicle retail sales in excess of five figures. #Ola #ather #electricscooter #salereport #motogadi
In February 2023, three manufacturers – market leader Ola Electric, TVS Motor Co, and Ather Energy – reported new vehicle retail sales in excess of five figures. Let’s look at how the electric two-wheeler market performed in terms of sales in the previous month. In recent few months, the two wheeler market has seen the major swift towards electric segment from Petrol bikes or scooter. And…
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freepressjournals · 4 months
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Domestic Passenger Vehicle Sales Up Over 1% in April: SIAM Report
The automobile industry in India has shown positive growth in April 2024. According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) sales increased by 1.3% year-on-year, reaching 3,35,629 units. This rise in PV dispatches, from companies to dealers, marks a slight improvement from the 3,31,278 units recorded in April 2023.
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In addition to passenger vehicles, the two-wheeler segment experienced significant growth. Wholesales of two-wheelers surged by 31%, totaling 17,51,393 units compared to 13,38,588 units in the same month last year.
The three-wheeler market also saw an uptick, with a 14.5% increase in wholesales. In April 2024, the total number of three-wheelers dispatched was 49,116 units, up from 42,885 units in April 2023.
These figures indicate a steady recovery and growth across various segments of the Indian automobile industry, reflecting increased consumer demand and market stability.
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Top 5 Best-selling Two-Wheeler Brands in August
The Indian market's two-wheeler companies have released their August 2024 sales data. A few brands have seen a drop in sales, despite the majority reporting increases. This is a summary of the leading two-wheeler brands in the Indian market's monthly sales numbers.
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omshinde5145 · 14 days
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Electric Vehicle Market to Develop Rapidly by 2030 | Intent Market Research
The Electric Vehicle (EV) Marketis experiencing unprecedented growth, driven by technological advancements, increasing environmental awareness, and supportive government policies. According to the latest report from Market Insights Inc., the global electric vehicle market is expected to reach USD 1,000.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.7% from 2023 to 2030.
The key factors contributing to the growth of the electric vehicle market during the forecast period include new technological advancements such as low CO2 emissions and maintenance, smooth driving, and reduced engine noise. Demand for electric vehicles is rapidly increasing as they are fuel efficient, high-performance, and low-emission vehicles. Strict government rules and regulations regarding vehicle emissions and reduced cost of electric vehicles are significantly boosting the market growth.
Key Drivers of Growth:
Technological Advancements: Significant improvements in battery technology have led to longer ranges, faster charging times, and lower costs, making EVs more accessible to consumers. Innovations in autonomous driving and smart connectivity are further enhancing the appeal of electric vehicles.
Environmental Concerns: With growing awareness of climate change and the harmful effects of fossil fuels, consumers and businesses are increasingly opting for electric vehicles as a sustainable alternative. The push for cleaner air and reduced carbon footprints is a major impetus for the shift towards EVs.
Government Policies and Incentives: Governments worldwide are implementing stringent emissions regulations and offering incentives such as tax rebates, subsidies, and grants to promote the adoption of electric vehicles. These policies are crucial in accelerating the transition from internal combustion engine vehicles to electric ones.
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Market Segments:
Passenger Vehicles: The largest segment of the EV market, driven by increasing consumer demand for eco-friendly personal transportation options.
Commercial Vehicles: Rapid growth is expected in electric buses, trucks, and delivery vans as businesses seek to reduce operational costs and comply with environmental regulations.
Two-Wheelers: Electric scooters and motorcycles are gaining popularity, particularly in urban areas, due to their affordability and convenience.
Regional Insights:
North America: The U.S. leads the region with robust infrastructure development and strong policy support, fostering significant growth in EV sales.
Europe: The European market is buoyed by stringent emission norms and substantial government incentives, with countries like Norway and Germany at the forefront of adoption.
Asia-Pacific: China dominates the global EV market, driven by aggressive government initiatives and a thriving manufacturing sector. India and Japan are also emerging as key players with increasing investments in EV infrastructure.
Industry Challenges:
Despite the positive outlook, the EV market faces challenges such as high initial costs, limited charging infrastructure in certain regions, and supply chain disruptions. However, ongoing investments in research and development, coupled with strategic collaborations between automakers, technology companies, and governments, are expected to mitigate these challenges and drive sustained growth.
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ujumrfr · 14 days
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amrutatbrc1 · 16 days
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Motorcycle Lead Acid Battery Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 
Overview and Scope A motorcycle lead acid battery is a rechargeable battery used in motorcycles to provide the electrical power needed for starting the engine and running the vehicle's electrical systems. These batteries are known for their reliability and cost-effectiveness. They come in various sizes and capacities to match different motorcycle models and requirements.
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Sizing and Forecast The motorcycle lead acid battery market size has grown strongly in recent years. It will grow from $5.06 billion in 2023 to $5.39 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growing urbanization, increasing consumer awareness and education, growth of ride-sharing and delivery services, increasing electrification of motorcycle fleets for public, and growth in the charging infrastructure.
The motorcycle lead acid battery market size is expected to see strong growth in the next few years. It will grow to $6.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing focus on improving the energy density and power density, introduction of battery leasing programs for consumers, use of lead acid batteries in conjunction with renewable energy sources, high replacement rates for lead acid batteries in motorcycles, and establishment of battery swapping stations. Major trends in the forecast period include innovations in sealing technologies, adoption of greener manufacturing processes, development of safety features, nanotechnology applications, and advanced thermal management systems.
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Segmentation & Regional Insights The motorcycle lead acid battery market covered in this report is segmented –
1) By Product Type: Valve Regulated Lead Acid Battery (VRLA) Battery, Flooded Lead-Acid (FLA), Absorbed Glass Mat (AGM), Vented Battery, Other Product Types 2) By Technology: Internal Combustion Engine (ICE), Hybrid, Electric 3) By Sales Channel: Original Equipment Manufacturers (OEMs), Aftermarket
North America was the largest region in the motorcycle lead acid battery market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the motorcycle lead acid battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth The increasing demand for two-wheeled EV motor vehicles is expected to propel the growth of the motorcycle lead acid battery market going forward. A two-wheeled motor vehicle, also known as a motorcycle or motorbike, is a motorized vehicle designed to travel on two wheels. The increasing demand for two-wheelers is rising due to affordability, fuel efficiency, ease of navigation in urban congestion, and flexibility in urban and rural settings. Lead-acid batteries benefit two-wheeled electric vehicles by offering a cost-effective, durable, and reliable energy storage solution. For instance, according to the Society Of Manufacturers Of Electric Vehicles, an India-based association representing Indian manufacturers of electric vehicles (EV), in 2021-2022, the number of electric two-wheeler sales was 2,52,641, which rose to 7,28,054 in 2022-2023. Therefore, the increasing demand for two-wheeled motor vehicles drives the motorcycle lead acid battery market growth.
Key Industry Players Major companies operating in the motorcycle lead acid battery market are Panasonic Holdings Corporation, Johnson Controls International plc, Clarios International Inc., Chaowei Power Holdings Limited, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co., Exide Industries Limited, Leoch Leoch International Technology Limited, The Amara Raja Group (Amaron), Shuangdeng Group Co Ltd , Coslight Technology International Group Ltd., Trojan Battery Company LLC, Power Sonic Corporation, HBL Power Systems Limited, Mutlu Battery and Materials Industry Inc., Hawker Powersource Inc., FIAMM Energy Technology S.p.A., MK Battery International, CSB Energy Technology Co. Ltd., EverExceed Industrial Co. Ltd., Thai Energy Storage Technology PLC, C&D Technologies Inc., Deltran USA LLC, HAZE Power Company Ltd.
The motorcycle lead acid battery market report table of contents includes:
1. Executive Summary
2. Motorcycle Lead Acid Battery Market Characteristics
3. Motorcycle Lead Acid Battery Market Trends And Strategies
4. Motorcycle Lead Acid Battery Market - Macro Economic Scenario
5. Global Motorcycle Lead Acid Battery Market Size and Growth ..........
32. Global Motorcycle Lead Acid Battery Market Competitive Benchmarking
33. Global Motorcycle Lead Acid Battery Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Motorcycle Lead Acid Battery Market
35. Motorcycle Lead Acid Battery Market Future Outlook and Potential Analysis
36. Appendix
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Accelerating Change: Climate Tech Investment Transforms 2-Wheeler Mobility in India
India is at a crucial juncture in its efforts to balance environmental preservation and economic progress. The nation’s focus on reducing carbon emissions and transitioning to a greener economy has placed significant attention on the electric vehicle (EV) sector. Given their widespread use in Indian transportation, the two-wheeler industry, specifically motorcycles, scooters, and mopeds, holds prime importance. Two-wheelers account for over 70% of all vehicles in India and are relied upon by millions for daily commuting and transportation.
The climate tech investment technology is crucial for accelerating the shift from two-wheelers to electric mobility. Companies like EMotorad are at the forefront of this effort. This article examines the current state of climate tech investment in India’s electric vehicle (EV) industry, as well as the numerous opportunities for sustainable finance in this sector. It also highlights the investment made by Green Frontier Capital in EMotorad, a startup that demonstrates how venture capital funds can have a sustainable impact on the 2-wheeler market in India.
Climate Tech Investment in the Indian Electric Vehicle Market
In 2022, climate tech investments accounted for 25% of all venture capital financing, up 14% from 2021, according to PwC’s State of Climate Tech Report. The worldwide market for sustainable funding is projected to rise from US$ 3.6 trillion in 2021 to US$ 23 trillion by 2031, according to the Confederation of Indian Industry (CII). The climate tech environment is witnessing considerable expansion, particularly in electric transportation.
In India, the growth of the electric vehicle industry is being fueled by regulatory pressure, technological advancements, and changing consumer preferences. The Confederation of Indian Industry (CII) predicts that the Indian electric vehicle industry will grow from US$ 3.21 billion in 2022 to US$ 113.99 billion in 2029. Research from Counterpoint suggests that electric vehicle sales could increase by 66% as early as 2024, and McKinsey and Company forecasts that by 2030, 60–70% of new two-wheeler sales in India will be electric vehicles.
In this industry, there are several prospects for sustainable funding. Over 70% of the US$ 2.7 billion that Indian EV start-ups raised between 2018 and 2023 went toward purchasing electric two- to three-wheelers, according to the IEA. According to the IEA’s Global EV Outlook 2024 Report, there are still a lot of climate tech investment prospects for Indian entrepreneurs and start-ups, with the country’s EV sector now estimated to have a US$200 billion investment potential.
The Indian government is dedicated to reducing carbon emissions and supporting renewable energy, generating a lot of interest in investments in climate technology, particularly in the electric vehicle (EV) sector. This emerging industry’s potential is being acknowledged by Indian investors and venture capital funds like Green Frontier Capital, leading to an increase in climate tech investments aimed at accelerating the country’s adoption of EVs.
EMotorad: An Excellent Investment in Climate Technology for Green Frontier Capital
EMotorad is an Indian company that manufactures electric bikes, scooters, and cycles. Founded in 2020 by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, and Sumedh Battewar, the company has seen significant growth in India and has garnered over 100,000 global customers. EMotorad is currently building the world’s largest gigafactory for electric bicycles in Pune.
The company is committed to sustainability and offers products that promote eco-friendly mobility and help reduce carbon footprints. Their use of environmentally friendly materials and production methods aligns with global sustainability objectives, making it an attractive investment for Indian sustainable finance investors.
In India’s price-sensitive market, a wide range of people can now afford green mobility thanks to reasonably priced electric two-wheelers. This suggests significant market potential and scalability for venture capital firms like GFC, who invested in EMotorad as part of their climate tech investment. This offers a great opportunity for long-term growth. EMotorad ensures exceptional product performance by investing in cutting-edge technologies such as long-lasting batteries and intelligent networking. This commitment to innovation puts the company at the forefront of the EV industry, providing a continuous competitive advantage to sustainable financing investors. The focus on ongoing innovation keeps the company ahead of industry trends, signaling a forward-thinking business that can adapt to changing market conditions and sustain steady long-term growth for its Indian investors.
Its triumphant foray into other markets showcases its worldwide scalability and provides top venture capital firms such as GFC with exposure to the expanding global demand for electric transportation. Strategic alliances with IT companies, governmental agencies, and environmental groups are advantageous to EMotorad as well. This enabling environment lowers operational risks and expands market penetration, increasing the company’s appeal as a climate tech investment. The seasoned leadership group of EMotorad promotes innovation and strategic expansion. Strong leadership is essential because it gives investors faith in the company’s capacity to overcome obstacles and seize opportunities in the climate tech industry.
EMotorad and Green Frontier Capital: The Path Forward
In India, switching to electric two-wheelers is a critical step toward accomplishing sustainable transportation and tackling the urgent problem of climate change. The 2-wheeler EV industry in India offers a strong potential for climate tech investment because of its sizeable and expanding market, favorable government regulations, and rising consumer awareness. Businesses like EMotorad are at the forefront, providing creative and reasonably priced solutions that support the worldwide movement toward environmentally friendly transportation.
According to Sandiip Bhammer, Managing Partner of Green Frontier Capital, “What struck us the most is the pace at which they were able to expand the business across geographies in just two years of existence; not only that, but the technology they are building on top of their bikes is a game changer; it will change the way people cycle.” As of July 2024, EMotorad has avoided 9,758,287+ liters of conventional fuel (petrol/diesel) by choosing e-bikes, generated 250+ green employment, and conserved 21,602+ tons of CO2 — an amount equal to the annual absorbance of 820,864+ fully grown trees. They use solar energy in 30% of their production processes, and they handle their trash in an ecologically responsible way in 99% of them. For Indian investors interested in sustainable finance, EMotorad is unquestionably a wise green investment. It offers significant financial gains in addition to making India and the rest of the globe a cleaner, greener future.
Tags: climate vc | top climate tech vcs | green investing | climate investors India | climate vc fund | top investment companies in India | venture capital green
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reportprimee · 1 month
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The Global Automobile Tire Market: Analyzing Trends, Growth Drivers, and Future Prospects
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Introduction
Automobile tires are a critical component of any vehicle, ensuring safety, performance, and fuel efficiency. As vehicles become more advanced and diverse, the demand for specialized and high-performance tires has grown. The global tire market is experiencing a surge in demand, driven by the increasing production of vehicles, the rise of electric vehicles (EVs), and the growing importance of sustainability. This article explores the factors shaping the future of the automobile tire market and the challenges and opportunities that lie ahead.
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Key Market Drivers
Several factors are driving the growth and development of the global automobile tire market:
Increasing Global Vehicle Production: The ongoing growth in vehicle production, particularly in emerging economies such as China, India, and Brazil, is a primary driver of the tire market. As more consumers gain access to personal vehicles, the demand for both original equipment (OE) and replacement tires continues to rise.
Technological Advancements: The tire industry is undergoing rapid technological advancements, with innovations aimed at improving tire performance, safety, and durability. The development of smart tires equipped with sensors that monitor pressure, temperature, and tread wear is transforming the way consumers and manufacturers approach tire maintenance and performance.
Growth of Electric Vehicles (EVs): The shift towards electric vehicles is creating new opportunities and challenges for tire manufacturers. EVs require specialized tires that offer lower rolling resistance to enhance battery efficiency while providing the durability needed to handle the unique demands of electric powertrains.
Focus on Environmental Sustainability: Increasing awareness of environmental issues and stringent regulations are driving tire manufacturers to develop eco-friendly products. This includes the use of sustainable materials, reducing rolling resistance to improve fuel efficiency, and adopting green manufacturing processes to minimize the environmental impact.
Expanding Aftermarket Demand: The growing number of vehicles on the road, coupled with the trend toward longer vehicle lifespans, is boosting demand for replacement tires. The rise of e-commerce platforms has also made it easier for consumers to purchase tires online, contributing to the growth of the aftermarket segment.
Market Segmentation
The global automobile tire market is segmented based on tire type, vehicle type, distribution channel, and seasonal application:
By Tire Type:
Radial Tires: The most widely used tire type, known for its durability, fuel efficiency, and comfortable ride.
Bias Tires: Typically used in commercial and off-road vehicles, offering enhanced load-carrying capacity and resistance to punctures.
By Vehicle Type:
Passenger Vehicles: This segment holds the largest market share, driven by the high production and sales volumes of passenger cars worldwide.
Commercial Vehicles: Includes trucks, buses, and light commercial vehicles, where tire durability and long tread life are critical.
Two-Wheelers: A significant market segment, particularly in regions with high motorcycle usage, such as Asia-Pacific and Africa.
By Distribution Channel:
OEM (Original Equipment Manufacturer): Tires supplied directly to vehicle manufacturers for new vehicles.
Aftermarket: Tires sold through various channels, including dealerships, independent retailers, and online platforms, catering to the replacement market.
By Seasonal Application:
All-Season Tires: The most popular choice among consumers, offering balanced performance across a range of weather conditions.
Summer Tires: Designed for optimal performance in warm weather, providing excellent grip and handling on dry and wet roads.
Winter Tires: Specifically engineered for cold climates, these tires offer superior traction on snow and ice, making them essential in regions with harsh winters.
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Regional Insights
The global automobile tire market exhibits distinct regional trends and dynamics:
Asia-Pacific: The largest and fastest-growing market for automobile tires, driven by the booming automotive industry in China, India, and Japan. The region is also a significant manufacturing hub for tire production, with many global companies operating large-scale facilities here.
North America: A mature market with high demand for replacement tires, particularly in the United States. The region is characterized by strong consumer demand for all-season and high-performance tires. The growing popularity of electric vehicles is also driving demand for specialized tire solutions.
Europe: Known for its stringent environmental and safety regulations, Europe is a leader in producing and adopting eco-friendly and high-performance tires. The region has a strong demand for winter tires, particularly in Northern Europe, and is at the forefront of the shift toward electric vehicles.
Latin America: An emerging market with growing automotive production, especially in Brazil and Mexico. The region is witnessing increased demand for both OE and replacement tires as vehicle ownership rises.
Middle East and Africa: A developing market with rising demand for tires due to increasing vehicle ownership and infrastructure development. The region also requires durable tires suitable for harsh climates and off-road conditions.
Key Market Players
The global automobile tire market is highly competitive, with several leading companies playing a dominant role. Key players include:
Bridgestone Corporation: The world’s largest tire manufacturer, known for its extensive product portfolio, global presence, and commitment to innovation.
Michelin: A leading French tire manufacturer recognized for its focus on sustainability, high-performance tires, and continuous innovation.
Goodyear Tire & Rubber Company: An American company with a strong presence in both the OEM and aftermarket segments, known for its advancements in tire technology.
Continental AG: A German manufacturer known for its high-quality tires, with a strong emphasis on safety, performance, and environmental standards.
Pirelli & C. S.p.A.: An Italian company specializing in premium and performance tires, with a significant presence in the luxury vehicle and motorsport segments.
Sumitomo Rubber Industries, Ltd.: A Japanese manufacturer with a growing global footprint, known for producing durable and reliable tire products.
Hankook Tire & Technology Group: A South Korean company rapidly expanding its global presence, focusing on innovation, sustainability, and cutting-edge tire solutions.
Regulatory and Legal Considerations
The global automobile tire market is governed by a complex web of regulatory and legal requirements, particularly concerning safety, environmental impact, and performance standards. These regulations vary by region:
European Union: The EU has stringent regulations governing tire performance, including fuel efficiency, wet grip, and noise emissions. The EU’s tire labeling system is designed to help consumers make informed choices based on these factors.
United States: The National Highway Traffic Safety Administration (NHTSA) enforces tire safety standards, including treadwear, traction, and temperature resistance. Additionally, the U.S. promotes the use of fuel-efficient tires through various regulations.
Global Harmonization: As the tire industry becomes increasingly global, there is a trend toward harmonizing safety and performance standards across regions. However, local variations still exist, driven by specific regional needs and regulatory environments.
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Conclusion
The global automobile tire market is poised for sustained growth, driven by technological advancements, increasing vehicle production, and a strong focus on sustainability. As the automotive industry continues to evolve, particularly with the rise of electric and autonomous vehicles, tire manufacturers are innovating to meet the changing demands of consumers and regulatory bodies. The future of the automobile tire market is promising, with new opportunities emerging across different regions and market segments. Companies that can adapt to these changes and continue to innovate will be well-positioned to thrive in this dynamic and competitive market.
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The automotive interior leather market is expected to display steady growth by 2028
According to a new report published by UnivDatos Markets Insights, the automotive interior leather market is expected to grow at a CAGR of around 5% from 2022-2028. The analysis has been segmented into the material (genuine and synthetic); vehicle (passenger vehicles and commercial vehicles); application (seats & center stack, carpets, headliners, upholstery, seatbelt, door panels, and others); region/country.
The automotive interior leather market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the market. The Automotive Interior Leather market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository estimates the automotive interior leather market at the global and regional levels.
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Market Overview
Globally, automobile manufacturers are increasingly focusing on providing a luxury experience to the owner of the vehicles. High-end vehicle interior is one the key areas where companies are focusing on improving the consumer experience. In providing the experience, leather plays a key role as it gives a luxurious feel while simultaneously, they are designed to meet stringent performance, environmental requirements, and customer demands. Therefore, as the global automobile industry started showing recovery post-2020, it is expected that it would have a positive impact on the global automotive interior leather market. In the interior part of the vehicle, leather is used in seats & center stacks, carpets, headliners, upholstery, seat belt, and door panel among others. Further, as consumers are increasingly opting for four-wheelers over two-wheelers due to safety reasons and changing lifestyles, the sales of automobiles are expected to grow over the forecast period, thereby likely to grow the market size for the leather used in the automobile industry.
COVID-19 Impact
The recent COVID-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted industrial operations in a negative way, which has impacted the demand for automotive interior leather as its highly dependent on automobile industry performance.
The global automotive interior leather market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
Based on material, the market is categorized into genuine and synthetic leather. Of both, genuine leather covers a prominent position in the market and is expected to maintain a strong uphold in the market during the forecast period as well. This can be ascribed to its usage in luxury vehicles and the genuine leather demand from customers. Further, high cost helped the category to maintain a good position in the market in terms of value.
Based on application, the market is categorized into seats & center stack, carpets, headliners, upholstery, seatbelt, door panels, and others. Among these, seats & center stack accounted for a prominent share of the market owing to the large volume of leather consumption in the seats & center stack. Further, owing to the benefits such as durability, softer feel, lower interior noise levels, and lesser vibrations, it is used in seats & center stack.
Automotive Interior Leather Market Geographical Segmentation Includes:
North America (The United States, Canada, and the Rest of North America)
Europe (Germany, The United Kingdom, France, Italy, Spain, and the Rest of Europe)
Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)
Rest of the World
The Asia-Pacific region held a strong position in the market owing to the large automobile industry of the region. Regional countries like China, India, Japan, and South Korea are among the largest vehicle producers. Further, international vehicle manufacturing companies are opening their manufacturing facilities in the region to take advantage of low operation costs and cater to their customers both regionally and outside.
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The major players targeting the market include
Pangea Made Inc.
Lear Corporation
CTL Leather Inc.
DK Leather Seats Sdn Bhd
Scottish Leather Group Limited
Wollsdorf International GmbH
Classic Soft Trim
Katzkin Leather Inc.
Mayur Uniquoters Limited
Seiren Co. Ltd.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the automotive interior leather market?
• Which factors are influencing the automotive interior leather market over the forecast period?
• What are the global challenges, threats, and risks in the automotive interior leather market?
• Which factors are propelling and restraining the automotive interior leather market?
• What are the demanding global regions of the automotive interior leather market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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bhaskarlive · 1 month
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India to surpass China to become world’s largest 2-wheeler market in 2024
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India is projected to surpass China this year to become the world’s largest two-wheeler (2W) market, a report said on Friday. The robust economic growth, consumer preference for 2Ws for short-distance commutes, and increasing 2W demand in the shared mobility space will help India overtake China, according to Counterpoint Research.
The electric E2W market is growing at a rapid clip, with 2024 sales penetration expected to be 1.5 times that of four-wheeler passenger EVs.
Source: bhaskarlive.in
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beepkartofficial · 2 months
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Beepkart is the only place you must go in Bangalore and Chennai to find used bikes and scooters.
1. Beepkart Overview
About Beepkart: Beepkart is a leading platform for buying and selling second-hand bikes and scooters. We provide a hassle-free experience and ensure that our customers get the best deals on pre-owned two-wheelers.
Quality Assurance: Each vehicle listed on Beepkart undergoes a thorough inspection process to ensure quality and reliability. We provide detailed reports and transparent information about the condition of the bikes.
Customer Support: Our dedicated customer support team is always available to assist you with any queries or concerns, making your buying or selling experience smooth and satisfactory.
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2. Second-Hand Bikes in Bangalore
Wide Range of Options: Whether you are looking for a budget-friendly commuter bike or a high-performance sports bike, Beepkart offers a diverse selection of second-hand bikes in Bangalore to suit every need and preference.
Competitive Prices: Our platform ensures competitive pricing, making it easy for you to find a bike that fits your budget.
Easy Financing: Beepkart offers flexible financing options to make your purchase even more convenient. We partner with leading financial institutions to provide attractive loan options.
3. Second-Hand Scooters in Bangalore
Variety of Models: From popular models like Honda Activa and TVS Jupiter to premium scooters, Beepkart has a wide range of second-hand scooters in Bangalore.
Certified Listings: Each scooter is certified by our experts to ensure it meets our high standards of quality and performance.
Convenient Test Rides: We offer convenient test ride options so you can experience the scooter before making a purchase decision.
4. Used Bikes in Chennai
Extensive Inventory: Beepkart’s inventory in Chennai includes a variety of used bikes from top brands like Bajaj, Yamaha, Royal Enfield, and more.
Verified Sellers: We work with verified sellers to ensure that you get the best deals on reliable used bikes in Chennai.
User-Friendly Platform: Our user-friendly website and mobile app make it easy to browse, compare, and select the perfect bike for your needs.
5. Why Choose Beepkart?
Trustworthy Transactions: At Beepkart, we prioritize transparency and trust, ensuring that all transactions are secure and fair.
After-Sales Support: We provide comprehensive after-sales support, including maintenance services and warranty options, to give you peace of mind with your purchase.
Customer Satisfaction: Our goal is to achieve 100% customer satisfaction by offering high-quality vehicles, excellent customer service, and value for money.
Contact Us
Phone: +91- 9321855467
Address: Auro Center, Municipal Corporation No. 13 (Ward No. 63, Koramangala Industrial Layout, Bengaluru, Karnataka 560095
Website: https://beepkart.com
FAQs
How can I buy a second-hand bike from Beepkart?
Visit our website or app, browse through the listings, select your preferred bike, and contact us for further assistance.
Are the bikes inspected before listing?
Yes, all bikes undergo a comprehensive inspection by our experts to ensure quality and reliability.
Do you offer financing options?
Yes, we offer flexible financing options through our partner financial institutions.
Can I test ride a bike before purchasing?
Absolutely! We encourage customers to take a test ride before making a purchase decision.
What after-sales services do you provide?
We offer maintenance services, warranty options, and customer support to ensure your satisfaction with your purchase.
For more information, visit our website Beepkart and explore our extensive range of second-hand bikes and scooters in Bangalore and Chennai.
To know more information visit: https://beepkart.com/
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Second-Hand Bikes in Bangalore
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rajanreddy · 3 months
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Automotive Lighting Market Growth at a CAGR of 6.4% by 2033
The global Automotive Lighting Market is anticipated to attain a valuation of USD 37.1 Billion in 2023 and is predicted to reach USD 69 Billion by 2033, trailing a CAGR of 6.4% during the forecast period.
Stringent lighting regulations have propelled developed countries to focus on the vehicle lighting industry in Europe and North America. Adequate vehicle lighting is crucial, particularly for travel on busy highways. Governments globally prioritize road safety, as highlighted by the World Health Organization (WHO), which reports 1.3 million annual fatalities from road traffic collisions. Many countries experience a 3% GDP loss due to road accidents. Therefore, enhancing driving conditions is essential, and improving the lighting system plays a significant role in achieving this goal.
Request For a Sample of Market Research: https://www.futuremarketinsights.com/reports/sample/rep-gb-621
In 2011, the European Union has made it compulsory for all new motor vehicles to have daytime running lights (DRLs) in order to enhance road safety. DRLs are designed to improve the visibility of the vehicle for other road users rather than aiding the driver's vision. According to the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA), DRLs have resulted in a 13.8% reduction in fatal road accidents. Such regulatory measures are expected to significantly influence the growth of the global automotive lighting market.
The growing demand for automotive lighting is fuelled by the rising adoption of advanced lighting in vehicles. Leading original equipment manufacturers (OEMs) are prioritizing the development and integration of advanced lighting solutions to enhance both vehicle visibility and aesthetics. Notably, Hella GmbH is actively involved in the development and provision of cutting-edge automotive lighting systems. These lighting systems offer various functions, such as pedestrian communication, to ensure safety and meet customer expectations.
Key Takeaways
North America automotive lighting market is expected to grow with a CAGR of 6% during the forecast period.
The demand for automotive lighting in China is expected to grow with a CAGR of 6.3% during the forecast period.
By vehicle type, passengers vehicle segment is projected to grow with a CAGR of 6.8% during the forecast period.
Brazil is expected to grow with a significant CAGR of 5.8% throughout the forecast period.
Competitive Landscape
The market for automotive lighting is highly competitive, with numerous prominent industry players making substantial investments in increasing their manufacturing capabilities.
The key industry players Koito Manufacturing Co. Ltd., Hella KGaA Hueck & Co., Stanley Electric Co., Valeo SA, Osram Licht AG, Magnetti Marelli, Varroc Group.
Key Segments Profiled in the Automotive lighting Market Industry Survey
By Application:
Front Headlights
Fog Lights
Rear Lights
Side Lights
Interior Lights
By Vehicle Type:
Passenger Cars
Compact
Mid
Luxury
SUVs
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Battery Electric
Plug-in Hybrid Electric
Hybrid Electric
Two Wheelers
Motorcycles
Scooters
By Light Source:
Halogen
LED
Xenon
By Sales Channel:
OEM
Aftersales
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
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moto-gazer · 3 months
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How can you choose trending bikes and car brands?
You can find many trusted and well-known auto news websites specializing in specific areas of the automotive industry. These auto news websites will mostly specialize in explicit niches within the automotive industry, such as extravagance cars, performance automobiles, electric cars, or definitive cars. If you have a specific curiosity or desire, you can consider selecting a website that specializes in that area. These websites will be dedicated to providing their users with news on trending bikes and cars brands. It can aid you considerably in choosing a car or bike brand that is the latest in the automotive industry.
Choosing trending cars and bikes involves considering numerous factors, like reliability, performance, safety features, design, technology, and affordability. However, you may need to choose a website that offers only the latest automobile news in India. You will also get the most accurate and reliable information about your preferred car and bile online, helping you make knowledgeable decisions on your acquisition endeavor. If you are new to this Here is a systematic guide to aid you in selecting trending bikes and car brands:
Know your needs
The primary thing required when looking for trending bikes and cars is identifying your needs: Govern your necessities and likings. Are you in search of a bike or car for everyday travel, off-road adventures, long drives, or luxury? Knowing your needs can aid you substantially in narrowing down your options.
Do some online research
Whether you intend to buy a two-wheeler or four-wheeler, it is imperative to perform some online research about the vehicle you desire to buy. You may be required to keep yourself restructured with the newest trends in the automotive industry. You can choose an auto news website, periodicals, and social media channels that provide detailed and comprehensive information about trending automotive cars and bikes in India. It can aid you considerably in knowing about new releases, inventions, and current models of cars and bikes. You can also visit other websites to compare the price of your preferred vehicle and buy one that meets your planned budget.
Consider all aspects of your favorite vehicle
When considering trending bikes and cars brands, it is wise to think about their features and performance capabilities. Look for cars and bikes that offer outstanding performance, whether it is swiftness, acceleration, handling, or fuel efficiency. You may also need to consider other features, such as infotainment systems, safety technologies, connectivity options, and comfort features. You can also opt for a test drive to know the vehicle’s performance and other aspects.
Read some online reviews on your preferred vehicle
You can find many other auto websites where you can go through reviews and find ratings on your favorite car or bike. You can read expert reviews and evaluations from automotive reporters and fanatics. You may need to focus on dependability, design quality, driving experience, and complete satisfaction.
Check your preferred vehicle’s reselling worth
Consider the onward sale price of the brand and model of the vehicle you intend to buy. Some car or bike brands hold their cost better than others, which can be vital if you plan to trade in or sell the vehicle in the future. Thus, you will be capable of choosing trending bikes and car brands that best outfit your requirements and likings by considering the above-mentioned factors and doing detailed research.
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atomxmedia · 3 months
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Ola Electric Becomes First Two-Wheeler EV Startup In India To Receive SEBI Approval For IPO Aiming For Rs 7250 Cr.
Ola Electric Raises Rs 410 Crore
Bengaluru-based Ola Electric has reportedly become India’s first two-wheeler electric vehicle maker to receive SEBI’s approval for an IPO launch. According to a Moneycontrol report, the EV giant is looking to raise Rs 7,250 crore. This development comes nearly six months after Ola Electric filed its draft red herring prospectus (DRHP) with SEBI.
Ola Electric’s IPO consists of a fresh issue of Rs 5,500 crore and an offer for sale (OFS) of Rs 1,750 crore, totaling Rs 7,250 crore. As outlined in the firm’s DRHP, existing shareholders are expected to sell 95.19 million shares in the OFS. Ola Electric’s founder, Bhavish Aggarwal, will sell 47.3 million shares. Additionally, the company is considering a pre-IPO placement of shares worth Rs 1,100 crore, which would reduce the size of the fresh issue by that amount.
Shareholder Participation
Ola Electric’s early investors, which include AlphaWave, Alpine, DIG Investment, and Matrix, among others, will sell 47.89 million shares through the OFS. According to the DRHP, the proceeds from the IPO will be used for capital expenditures (capex), debt repayment, and research and development (R&D). Specifically, the company intends to spend about Rs 1,226 crore on capital, Rs 800 crore on debt reduction, Rs 1,600 crore on R&D, and Rs 350 crore on inorganic development.
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robjackson616-blog · 4 months
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Electronic Vehicle Market Growth Now and Beyond
According to HTF Market Intelligence, theGlobal Electronic Vehicle market to witness a CAGR of 22.1% during forecast period of 2024-2030. Global Electronic Vehicle Market Breakdown by Component (Battery Cells & Packs, On-Board Charge, Motor, Reducer, Fuel Stack, Others) by Vehicle Type (Passenger Cars, Commercial Vehicles, Two-Wheelers, E-Scooters & Bikes, Light Commercial Vehicles, Others) by Propulsion Type (Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Electronic Vehicle market size is estimated to increase by USD      Billion at a CAGR of 22.1% from 2024 to 2030.. Currently, market value is pegged at USD 438.7 Billion.
Get Detailed TOC and Overview of Report @
An electronic car, commonly known as an electric car or EV (Electric Vehicle), is a type of automobile that uses electric motors for propulsion, relying on energy stored in rechargeable batteries or another energy storage device. Unlike traditional internal combustion engine vehicles, electronic cars produce zero tailpipe emissions.
Some of the key players profiled in the study are Tesla (United States), BYD (China), BMW (Germany), Volkswagen (Germany), Nissan (Japan), Bayerische Motoren Werke Aktiengesellchaft (Germany), Daimler AG (Germany), Energica Motor Company S.p.A. (Italy), Ford Motor Company (United States), General Motor Company (United States)..    
Book Latest Edition of Global Electronic Vehicle Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=908
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
Contact Us:
Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 [email protected]
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