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Showing posts from June, 2021

Electric Scooter and Battery Market 2021 Industry to Develop at 17.93% CAGR by 2027

Electric Scooter and Battery Market Analysis/Electric Scooter and Battery Market Trends  The global  Electric Scooter and Battery Market  size will develop at a 17.93% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Various factors are fuelling the global electric scooter and battery market share. As per the recent MRFR market estimates, such factors include the increasing demand for electric scooters, various strategic initiatives by key players, demand for electric scooters by tourists, growing need for energy-efficient commuting, governments supporting electric two-wheelers through tax rebates and subsidies, the growing need for fuel efficient vehicles, and increasing concerns over greenhouse and carbon gas emissions. On the contrary, lack of charging infrastructure, design and performance standards, poor aftermarket services, underdeveloped charging infrastructure, high prices of electric scooters, and the impact of the COVID-19

Drive System Market Size by Manufacturers, Regions, Type and Application, Forecast to 2027

Summary The global drive system market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market. Drive System Market Analysis/Drive System Market Trends  The global drive system market size will develop at a healthy CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. The drive system is the type of system driving one’s car. Drive system manufacturers are competing to create fuel efficient systems sans compromising on the performance of the vehicle. The automatic transmi

Batteries Market 2021 Industry to Exhibit 4% CAGR by 2027

Summary The global batteries market is predicted to register a 4% CAGR from 2017 to 2022 (forecast period). The battery's principal use is as a backup power supply. Many countries are currently facing unplanned power outages. With hybrid batteries, the leading industries can operate without interruption. When there is no electricity, they are the most effective backup option. It is essential in commercial, transportation, and industrial settings. The global battery market is expanding in response to rising demand in the transportation sector. Market Analysis Market Research Future (MRFR) projects the global batteries market to register a 4% CAGR from 2017 to 2022 (forecast period). Batteries are portable products that provide electric energy to a variety of items. The most recent batteries offer an amazing power source while remaining cost-effective. Furthermore, a large number of vehicles and the technology industry have adapted to these hybrid batteries. A cell in the battery co

Vehicle Analytics Market 2021 Industry to Develop at a 24% CAGR by 2027

Summary The global vehicle analytics market is set to reach USD 4.3 Billion at a CAGR of 24% between 2017 and 2023. The increased demand for real-time analysis of data acquired from sensors and GPS tracking devices is a major driver driving the growth of the vehicle analytics market. Another key element fueling the growth of the vehicle analytics market is technological advancement. Market Analysis Market Research Future (MRFR) predicts the global vehicle analytics market to reach USD 4.3 Billion at a CAGR of 24% from 2017 to 2023 (forecast period). The growing requirement for real-time analysis of data collected from sensors and GPS tracking devices is a major driver driving the growth of the vehicle analytics market. Another key element fuelling the growth of the vehicle analytics market is technological advancements. Major giants such as IBM Corporation and Microsoft Corporation are investing in the vehicle analytics market due to the increasing number of applications for vehicle a

Truck Rental Market 2021 Industry is Poised to Reflect 15.3% CAGR by 2027

Summary The global Truck Rental Market is predicted to develop at a 15.3% CAGR from 2018 to 2025 (forecast period). Renting a truck lowers operating risk. It is an efficient solution to meet seasonal truck demand. It's also a good technique to deal with contract uncertainties. Leasing or renting a truck is far more cost-effective than owning one. Furthermore, truck renting eliminates additional costs such as servicing, maintenance, and vehicle replacement. Furthermore, the cost of truck rental companies rises year after year. It is another aspect that is fueling the exponential rise of the truck rental market. Market Analysis Market Research Future (MRFR) presumes the global truck rental market to develop at a 15.3% CAGR from 2018 to 2025 (forecast period).  The truck rental market includes hiring or leasing commercial vehicles. Truck rental is a thriving industry that caters to people, businesses, and agencies. Truck rentals reduce the number of privately owned trucks on the road