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Showing posts from September, 2019

High-Performance Trucks Market to Witness a Pronounce Growth During 2025

The High-Performance Trucks Market , by volume, had a market size of 1.7 Million units in 2016 and is projected to reach 2.5 Million units by 2025, at a CAGR of 4.06% during the forecast period. Increasing demand for special application trucks with high engine power requirement and increasing focus toward fuel economy standards have triggered the growth of the high-performance trucks market. Also, increase in demand for long-haul trucks for efficient transportation of goods has also boosted the demand for high-performance trucks globally. The ecosystem of the high-performance trucks market consists Tier I suppliers such as ZF (Germany), Cummins (US), and Eaton (Ireland). These systems and components are supplied to OEMs of medium- & heavy-duty trucks such as Daimler (Germany), Volvo (Sweden), and MAN (Germany). It also includes OEMs of pickup trucks such as Ford (US), GMC (US), and others. Pickup trucks are projected to be the fastest and largest growing segment of the hig

Construction Equipment Market Size & Share | Industry Report, 2025

The Construction Equipment Market is projected to grow at a CAGR of 4.52% during the forecast period, to reach a market size of USD 199.18 Billion by 2025 from an estimated size of USD 146.17 Billion in 2018. The upcoming infrastructural projects and increased government spending have led to an increase in construction activities. Additionally, with the advancements in technology, the equipment has become more fuel-efficient with lower emission levels and have enhanced safety and better handling features. Road roller is the fastest growing equipment in the construction equipment market by equipment type. Its increasing use can be attributed to the increasing need for roads in developing countries such as India and China along with major road development projects such as China–Pakistan Economic Corridor (CPEC), which aims to connect China with Central Asia and create a modern silk route. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=17994893

Automotive Windshield Market Rapid Demand Growth Spells an Opportunity

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The report  " Automotive Windshield Market  by Glass Type (Laminated and Tempered), Material Type (Thermoset and Thermoplastic), Position (Front and Rear), Vehicle Type (PCs, LCVs, and HCVs), Electric Vehicle Type (HEVs, BEVs, and PHEVs), and Region - Global Forecast to 2025" , The automotive windshield market is projected to grow at a CAGR of 6.28% during the forecast period, to reach USD 23.24 Billion by 2025 from an estimated USD 14.27 Billion in 2017. The increasing use of solar reflective glass for windshields, growing vehicle production, and increasing use of windshield for latest display technologies are the key drivers for the automotive windshield market. Browse 57 Market Data Tables and 57 Figures spread through 134 Pages and in-depth TOC on  "Automotive Windshield" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114423597 Asia Pacific: Largest market for automotive windshield The Asia Pacific region is

Off-highway Electric Vehicle Market worth $29.8 billion by 2027

The report  " Off-highway Electric Vehicle Market  by Equipment, Propulsion, Application (Construction, Mining, and Agriculture), Battery Type, Battery Capacity (<50 kWh, 50 – 200 kWh, 200 – 500 kWh, >500 kWh), Power Output, Electric Tractor-Global Forecast to 2027"  The off-highway electric vehicle market is projected to grow at a CAGR of 25.2% to reach USD 29.8 billion by 2027 from an estimated USD 4.9 billion in 2019. The operational efficiency of off-highway electric vehicles is 20–25% higher than diesel-based ones. In addition, off-highway electric vehicles can help manufacturers comply with emission parameters in different countries. The operating power and life of these vehicles are superlative when compared to other vehicles. Such factors are driving the demand for the off-highway electric vehicle market. Browse 113 market data Tables and 47 Figures spread through 177 Pages and in-depth TOC on  "Off-highway Electric Vehicle Market" The const

Mobility as a Service Market to Witness Robust Expansion by 2030

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The  Mobility as a Service (Maas) Market  is projected to grow at a CAGR of 31.7% from 2020 to 2030, and the market size is expected to grow from USD 6.8 billion in 2020 to USD 106.8 billion by 2030. MaaS offers efficient solutions to move traffic in a more convenient, faster, and less expensive manner. Also, the growth of the telecom sector, widespread penetration of smartphones on 3G, 4G, and upcoming 5G networks, will facilitate the growth of this market. Electric and autonomous vehicles will be the most advanced technology change that would change the MaaS business landscape. Mobility service providers are working on including autonomous vehicles in their services. Autonomous vehicles ride-sharing services will have 100% ownership with the service provider and the revenue will be generated directly by the company and not by the driver. The electric vehicle is expected to gain traction in MaaS fleets due to favorable government policies, improving charging infrastructure, an

Train Battery Market Rise in Demand for Energy-Efficient Transport System

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With increase in urban population, there is a rising demand for urban transport, especially metros, monorails, and light trains. Alternatively, the growing demand for luxury and comfort has increased the electrical applications in passenger coaches. All these factors together are projected to drive the demand for railway batteries in the coming years. The Train Battery Market is projected to grow at a CAGR of 5.15% from 2018 to 2025. From a market size of USD 470.5 million in 2018, it is projected to reach USD 703.2 million by 2025. Rolling stock is a highly regulated industry and most of the countries have a regulator body that sets the standards for the battery type that can be used in trains. Adoption of new battery types such as lithium-ion would be slower in countries with nationalized rail network and few private players. Lithium ion batteries: a promising battery type for railways Lithium Ion batteries have a lower discharge over a time period compared to lea

Automated Parking System Market Future Growth Prospect and Trends to 2030

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The Automated Parking System Market is estimated to be USD 1.3 billion in 2019 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 13.1% during the forecast period. The growing number of vehicles, scarcity of the land, increasing urbanization have led to an increase in the demand automated parking system market. The positive outlook of the infrastructure industry and rising number of luxury and high-rise buildings is expected to drive the automated parking system market. Automated parking system can accommodate a larger number of cars and reduce vehicle emission while parking the vehicle. Hence, the need for low emission and sustainable parking solution to drive the growth of automated parking system market. The commercial segment by end-user type is estimated to be the largest in the automated parking system market. According to the International Parking Institute, the commercial segment contributes the largest share of total revenue generated in the parking ind