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  Low Speed Vehicle   Industry Growth Overview: Low-speed vehicle market  is garnering much attention from various sectors due to which it can expect a smooth run with  5% CAGR  during the forecast period. Major Players:  Players leading the global low-speed vehicle market include Textron (US), Polaris Industries Inc. (US), The Toro Company (US), Deere Company (US), Yamaha Golf-Car Company (US), Kubota Corporation (Japan), Taylor-Dunn Manufacturing Company (US), Tomberlin Automotive Grp. (US), Club Car LLC. (US), and American Landmaster (US), among others. Low-speed vehicles or neighborhood electric vehicles (NEV) are small in size, and its weight is far less than the regular ones. A special license is needed to drive these vehicles, and they cannot be operated on regular roadways. Resultantly, these vehicles find their usages in factories, stations, airports, and golf courses to transport packages and personnel. These vehicles are mos

  Locomotive Industry Overview Locomotive Industry  is projected to be worth USD 25.7 billion by 2027, registering a CAGR of 11.61% during the forecast period (2021 – 2027), The market was valued at USD 18.9 billion in 2020 The Locomotive Market is driven by improving economies of developing countries as well as growing mining activities. These factors have helped shape the locomotive market and are expected to boost the growth. Companies in the locomotive market could also face challenges such as high initial investments and risk concerns. The details covered in the locomotive market report cover all the aspects of the industry. Analysts studying the locomotive market have also shared growth projections in the report and have suggested locomotive market players to plan business strategies accordingly. Prominent Players The Prominent Players operating in the global locomotive market are CRRC Corporation Limited (China), AEG Po

  Green Tires Market Overview: Green tires market in terms of value is estimated to register  15% CAGR  during the forecast period. The global market report on the  Green Tire Industry   reveals a possibility of attaining a 20.63% CAGR during the forecast period of 2018 to 2023. The same period will witness a rise in volume by 22.57%. Market Research Future (MRFR) predicts the growth of this market after discussing several factors and dynamics that can transform the market outcome. Among these, reducing fuel consumption, curbing the carbon footprint, improving recyclability, a hike in research funding, participation from big companies, and others are expected to set the market for better prospects. Key Players: The Global Green Tire Industry is getting backing from companies like Bridgestone Corporation, Michelin, Continental AG, Hankook Tire, The Goodyear Tire Rubber Company, Cheng Shin Rubber Ind. Co. Lt. (Cheng Shin Tire), Pirelli C. S.p.A., Zhongce Rubber Group Co., Ltd

Fire Truck Market Analysis The  Fire Truck Market Size is predicted to grow at a 4.5% CAGR, states the recent Market Research Future (MRFR) analysis. Fire trucks or fire engines or fire apparatus are vehicles that have been specially designed for use in fire fighting operations across the world. These are also used by fire departments in various rescue operations medical emergency services. There are various tools that fire trucks carry resting on the purpose, size of the authorities supervising fire fighting, nature of the operating terrain, and rescue operations. Multi-tasking truck, pumper, tanker, and rescue truck are the different types of fire trucks that have wide applications in non-residential and residential sectors. Various factors are propelling the global Fire Truck Market share. As per the current MRFR report, such factors include growing industrialization, increase in commercial spaces in Japan, the US, Germany, and China, rising congestion overcro

  E-Drive For Automotive Market Overview Global  E-Drive Automotive Market  is projected to grow from USD 8,588.8 Mn to over USD 19,400 Mn. This growth rate is achieved between the forecast period of 2017 and 2023. Growing scenario of the global automotive market is considered as the prime contributor to the global e-drive for automotive market. Greater concerns showed towards the issues of carbon emission, global warming, and environmental issues are also cited as the prime reasons behind the global e-drive for automotive market. A significant market perspective from leading markets of developing nations like India and Mexico is cited as one of the prime reasons behind the growing scenario of Global E-Drive For Automotive Market. It is estimated that there will be 1.5 billion cars, which was only 750 million in the year 2010. A growing number of such vehicles are cited as the prime reasons behind the incredible prospects of the global e-drive for automotive market. Greater adapt

 The global  Drive System Industry  is growing significantly during recent times, partly due to the growing vehicle production across the globe. Market Research Future (MRFR) has published and released a research report about the global Drive System Market that predicts growth for this market between 2016 and 2023. The global Drive System Market is growing due to various factors. Its significant growth is primarily due to the growth of vehicle production. Other factors include better vehicle performance due to transmission system rapidly rising demand for high fuel efficiency, stringent regulatory norms in many countries regarding the environment, and increased investment in the automotive industry across the globe. However, the high cost of advanced transmission systems can obstruct market growth. Key Players The key players in the global Global Drive System Industry include Bosch (Germany), Continental AG (Germany), Cummins (USA). Delphi Automotive PLC (UK), Denso (Japan), Hitachi

  Door Control Modules Market Overview Door control modules market is estimated to witness ~7.5% CAGR during the forecast period and reach ~USD 2 Billion by 2025. The global  Door Control Modules Market Size   is garnering substantial traction. Market growth is attributed to the increasing demand and adoption of automatic door controllers to manage and control central locking, window planes, and mirror adjustments. Besides, the rising production of luxury cars and passenger cars creates enormous market demand. Moreover, increasing absorption of power door lock control in electric vehicles (EVs) escalates the market growth to furthered height. According to Market Research Future (MRFR), the global door control modules market is forecasted to reach approximately USD 2 BN by 2025, registering 7.5% CAGR throughout the assessment period (2019 – 2025). Technological advances in the field of automatic door control foster the growth of the market. Advances in sensor technology, alongside

  Scope of the Report Commercial Vehicle (CV) Active Power Steering Market is expected to grow with a CAGR of ~12% Forecast by 2027 This study provides an overview of the global  Commercial Vehicle (CV) Active Power Steering Industry , tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global commercial vehicle (CV) active power steering market by type, application, and region. Key Players The Global Commercial Vehicle (CV) Active Power Steering Market prominent players in the global CV active power steering market include ZF Friedrichshafen AG (Germany), AB Volvo (Sweden), Tedrive steering systems GmbH (Germany), Ognibene Pow

  The consistent rise in prices of conventional fuels is likely to create incremental opportunities for manufacturers of CNG vehicles over the forecast year. Also, the foremost manufacturers in the CNG vehicle market are expansively focusing on unique developments and improvements in their business models keeping the factor of paradigm shifts in end-user preferences towards CNG vehicle usages. Market Research Future’s in-depth analysis of the Global  CNG vehicles Industry  Research Report Categories by Product Type (OEM, Car Modification), By Application (Personal use, Commercial use), By Region Forecast to 2025 CNG vehicles signify an evolving segment of the existing vehicle categories that eminently promote the widespread and new clean technology. Several carmakers have adopted the concept of clean technology and largely ramping up investments into it to rise opportunities in CNG vehicles category. The CNG vehicle market is likely to witness subdued expansion from USD 1,09,783.6

  CNC Machine Market Overview CNC Machine Market size is anticipated to register a CAGR of 5% by forecast period CNC is an abbreviated form of Computer Numerical Control. CNC machining refers to the process of manufacturing pre-programmed computer software that commands the movement of the tools and machinery. The CNC Machining process is used to manage and control complex machinery. The CNC machine market is witnessing huge growth due to the increase in the demand for smooth handling of machinery. The global CNC machine market size is estimated to reach a valuation of USD 117.17 billion at a CAGR of 7.3% during the forecast period. Different milling tools such as Solid carbide tools and PCD are being launched in the CNC machine market to help in increasing the efficiency of the process. The factories are adopting various innovative technologies to increase their production and meet the demands of the customers. This has been a major driving factor for the CNC machine market growth

  Car wash system Market Overview Car Wash System Market is projected to be worth USD 4.62 billion by 2027, registering a CAGR of 4.35% during the forecast period (2021 – 2027), The market was valued at USD 1.34 billion in 2020. The  Car Wash System Market analysis  is anticipated to grow rapidly at a CAGR of 3%during the forecast period. The global car wash system market is driven by growth in the automotive industry as well as increase in production and sales of vehicles. These factors have helped shape the car wash system market and are expected to boost the growth. Companies in the car wash system market could also face challenges such as high cost associated with manufacturers as well as the low level of awareness among consumers. The details covered in the car wash system market report cover all the aspects of the industry. Car wash system market analysts have also shared growth projections in the report and have suggested car wash system market players to plan growth strategie

  Electric Vehicle Powertrain Market Overview Electric vehicle powertrain market is projected to reach USD 135 billion by 2027 and is estimated to witness 16% CAGR during the period from 2020 to 2027. The Global  Electric Vehicle Powertrain Market size  is witnessing a considerable rise in its size. The market growth attributes to the advent of electric vehicles and usages of powertrain systems in EVs to increase electric mobility and reduce the costs of operations. Besides, the increase in production and sales of electric cars and stringent emission regulations, drive the growth of the market. Moreover, increasing new energy vehicles (NEV) demand escalates the market demand to furthered height. Major Players: Players leading the global Electric Vehicle Powertrain Market include EPT Co., Inc. (South Korea), ZF Friedrichshafen AG (Germany), WEG (Brazil), IET S.p.A. (Italy), Bonfiglioli Riduttori S.P.A (Italy), Automation Tooling Systems Inc. (Canada), NXP Semiconductors (the

  Market Overview Market Research Future (MRFR), in its newly published research report, emphasizes that the global electric axle drive systems market 2020 is flourishing and expected to grow exponentially over the review period, recording a substantial market valuation up to USD 8.3 billion by 2023 and a healthy 12.31% CAGR in the review period. Drivers and Restraints The rise in the inclination for SUVs and other passenger cars have driven the growth of the electric axle drive market. The upsurge in vehicle production at the global level favors the global electric axle drive market, electric drive axle truck . The need for the global electric axle drive market is significantly driven by the automotive industries. The axle is used in numerous vehicles as a part of electrification. The need for the automotive electric axle drive market is fueled by global vehicle production and technological advancement. The companies focus on the longer product life cycle, lightweight vehicles, cos