Robo-Taxi Market Scenario, Leading Players, Segments Analysis and Growth by Forecast to 2030

Market Overview

The global robo-taxi market is anticipated to garner a healthy CAGR of 53.8% during the forecast period (2020-2030), Market Research Future reveals in a detailed report. Robo-taxi is also referred to as an autonomous taxi, which is operated for offering e-hailing services. It is also known as a self-driving taxi, robo-cab, or a driverless taxi, and its control points comprise critical technologies like operating systems, autonomous vehicle sensors, or specific customer touchpoints.

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Market Potential and Pitfalls

The shifting preference for autonomous vehicles is considered one of the propelling factors for the robo-taxi market. Changing trends in the auto industry, like vehicle connectivity, autonomous driving, shared mobility, and powertrain electrification are estimated to push the market growth uphill. With the rising opportunities in shared mobility for pool rides, the robo-taxi market is likely to experience a boost. There has been increased adoption of technologies in vehicles like connected car features. This further augments the market growth across the globe. Due to strict emission mandates, the demand for fuel-efficient and emission-free vehicles has increased, which is estimated to prompt prominent fleet operators to embrace robo-taxis. Also, to improve road safety and traffic handling, the adoption rate of robo-taxi is likely to increase. Moreover, prominent investments made in robotic procedure by OEMs, rapid urbanization, and government incentives, and the recent boom in the e-commerce industry are likely to propel the market growth in the foreseeable future.

On the contrary, concerns related to cybersecurity threats is predicted to restrict the growth of the robo-taxi market in the long run. The threat that automation will soon replace the need for human chauffeurs is predicted to vitiate the market growth.

Global Robo-Taxi Market: Segmental Analysis

The robo-taxi market is segmented on the basis of service type, component, propulsion, vehicle type, and application.

By component, the robo-taxi market is segmented into radar, lidar, sensors, and others. Of these, the sensors segment is predicted to gain prominence in the foreseeable future. This is due to the soaring adoption of technology and electronics.

By service type, the robo-taxi market is segmented into station-based carsharing and car rental. Of these, the car rental segment is likely to hold a larger share.

By vehicle type, the market is classified into passenger car and commercial vehicle. Among these, the passenger car segment is predicted to dominate the global market due to the soaring demand for ride-sharing services worldwide. Moreover, developments, deployments, and testing are made more for passenger cars, rather commercial vehicles, which further propels its growth.

By propulsion, the market is segmented into battery, electric, and hybrid. Robo-taxis are generally equipped with electric powertrains to meet emission norms and minimize operation costs. This augments the growth of the market in the electric segment.

By application, the market comprises residential and non-residential. Among these, the non-residential segment is estimated to expand with a higher CAGR.

Regional Frontiers

Geographically, the robo-taxi market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, Asia Pacific will acquire the highest market share, mainly due to the soaring automotive infrastructure, coupled with the ever-increasing population in India, China, and Japan. The presence of developing economies, booming robo-taxi industry, rapid urbanization, and surging focus on environment and vehicle safety are some of the major factors triggering the demand from the market. Factors such as rising shared mobility, soaring concerns regarding emissions, advancing technology, and increasing emphasis on public transport are promoting the regional market’s growth. The region is home to industry bigshots like Aptiv, DiDi, ZMP, Nissan, and Hyundai, which further dictates its growth trajectory.

Europe will experience a significant growth in the coming years owing to the existence of supportive and developed infrastructure for automobile facilities and electric vehicles across the region. The region is home to robo-taxi component manufacturers like Continental AG, Robert Bosch, Aptiv, and ZF Friedrichshafen AG, which further contributes to the market growth. Advancing technology is further likely to direct the course of the market in the foreseeable future. Moreover, government incentive policies, rising electric vehicle infrastructure, and a strong network of charging stations are likely to augment the market growth in Europe.

Industry Updates

July 2019: Hyundai Mobis, South Korea’s auto parts maker, has recently revealed the first driverless robotaxi in Russia. Joint development with Yandex, a Russian information technology company, the two companies will test 100 robo-taxis.

Competitive Dashboard

The players dominating the global robo-taxi market include Tesla Inc. (US), Waymo LLC (US), Continental AG (Germany), Robert Bosch Gmbh (Germany), General Motors (US), ZF Friedrichshafen AG (Germany), Aptiv (Ireland), Lyft, Inc. (the US), Ridecell, Inc (US), GM Cruise LLC (US), EasyMile (France), and Navya (France).

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Table Of Contents

1 Executive Summary

2 Scope Of The Report

3 Market Landscape

4 Market Dynamics

5 Global Robo-Taxi Market, By Component

6 Global Robo-Taxi Market, By Service Type

7 Global Robo-Taxi Market, By Vehicle Type

8 Global Robo-Taxi Market, By Propulsion

9 Global Robo-Taxi Market, By Application

10 Global Robo-Taxi Market, By Region

11 Competitive Landscape

12 Company Profile

List Of Tables

Table 1 Global Robo-Taxi Market, By Region, 2020–2030

Table 2 North America: Robo-Taxi Market, By Country, 2020–2030

Table 3 Europe: Robo-Taxi Market, By Country, 2020–2030

Table 4 Asia-Pacific: Robo-Taxi Market, By Country, 2020–2030

Table 5 RoW: Robo-Taxi Market, By Region, 2020–2030

….

List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down And Bottom-Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

Continued……. 

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Utility Terrain Vehicle Market Global Analysis & Forecast to 2025 Research Report

The global utility terrain vehicle (UTV) market could expect remarkable growth at the rate of 6% during the forecast period (2017-2023), suggests Market Research Future (MRFR).

Growth Drivers and Top Barriers

A utility terrain vehicle refers to a vehicle that is designed to conduct tasks efficiently compared to a general-purpose vehicle. It is also called a four-wheel drive off-road vehicle that can seat up to two to six persons. Multi-purpose off-highway utility vehicle (MOHUV) or recreational off-highway (ROV) are other terms used for the vehicle.

The worldwide utility terrain vehicle market gets a boost from the vehicle’s ability to operate in rough terrains. This factor has augmented its used in defense & military operations. Moreover, utility terrain vehicle’s high cargo carrying capacity along with swift mobility on the hard surface play a stellar role in anti-terrorist operations as well as border security combats in coastal areas. These appealing qualities have accelerated its demand for various purposes in the defense and military sector.

With that said, high cost of utility terrain vehicles could downplay its demand in the market during the review period. But the future market growth is expected to be smooth as a result of the increasing use of UTV by farmers and hunters. Also, surge in infrastructure development with respect to construction is expected to provide further growth opportunities to the manufacturers, which could profit the market to a great extent.

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Market Segmentation

The worldwide utility terrain vehicle market has been categorized on the basis of product type and application.

Product types covered by the report include displacement (CC): ≤ 400, displacement (CC): 400-800 and displacement (CC): ≥ 800.

Depending on application, the market consists of sport UTV, work UTV, and others. Out of these, the sport UTV segment could seize the largest share in the market. These types of UTVs are made for uneven and rough terrains that are usually off-road, which are used in light to heavy-duty trails. Generally, John Deere manufactures the majority of the sport utility vehicles.

Regional Insight

The global utility terrain vehicle market is concentrated in the key regions of North America, Asia Pacific, Europe, along with the Rest of the World (RoW).

North America is expected to control the largest share of the global utility terrain vehicle market, with its highest production and sales. Countries like the United States (U.S.) and Canada house a huge number of utility terrain vehicle manufacturers that are well-known for developing highly efficient utility terrain vehicle that come with sophisticated features. These utility terrain vehicle manufacturers introduce different vehicles that can be used in different landscapes and scenarios. The U.S. has emerged as the most attractive market in the region, mainly due to the annual motorsport competition held every year as it involves diverse formats including rocky terrain and mountain terrain. These types of competitions have given significant push to the tourism industry, benefiting the utility terrain vehicle market in the process.

Europe is deemed to be a critical growth-pocket in the worldwide market, backed by rising application of UTVs in industrial and agricultural sectors, technological advancements in UTVs, and surge in off-roading sports activities. On top of this, it is estimated that new models and brands could enter the market in ensuing years, which could boost market demand for UTVs in the region.

Significant Companies

Some of the well-known companies in the worldwide utility terrain vehicle market are BRP (Canada), John Deere (U.S.), Yamaha Motor Company Limited (Japan), Hisun Motors Corp (U.S.), Arctic Cat (U.S.), Kubota Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Honda Motor Company, Ltd. (Japan), Kwang Yang Motor Co, Ltd (Taiwan), Polaris Industries, Inc. (U.S.), to name a few.

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List Of Tables

Table 1 Global Utility Terrain Vehicle Market: By Region, 2017-2023

Table 2 North America Utility Terrain Vehicle Market: By Country, 2017-2023

Table 3 Europe Utility Terrain Vehicle Market: By Country, 2017-2023

Table 4 Asia-Pacific Utility Terrain Vehicle Market: By Country, 2017-2023

Table 5 RoW Utility Terrain Vehicle Market: By Country, 2017-2023

…

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Diesel Exhaust Fluid Market Scenario, Leading Players, Segments Analysis and Growth by Forecast to 2025

Diesel exhaust fluid is a non-hazardous solution, consisting 32.5% urea and 67.5% de-ionized water. This urea solution is consumed during selective catalytic reduction (SCR), which is sprayed into the exhaust stream. It is burnt at very high temperatures for breaking harmful nitrogen oxides produced by diesel engines into harmless nitrogen and water. The market is driven by various factors such increase in the use of selective catalytic reduction technology, stringent government regulations for the use of diesel exhaust fluid, and increase in production of vehicles. The diesel exhaust fluid has various constraints that hinder the market such as increase in sale of electric vehicles has restrained the use of diesel exhaust fluid.

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On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. North America accounts for the largest share of 56.49% in the global diesel exhaust fluid industry market in 2016. In 2015, CF Industries had started a new urea plant in Donaldsonville in order to cater North America region. North America is mainly dependent on import of nitrogen, due to which the market is expected to growth in the forecast period. This dependency on nitrogen will lead to the growing consumption of urea, which will drive the diesel exhaust fluid market. About half of the urea that is produced in U.S. is consumed as solid fertilizers, and more than 25% of urea is consumed to produce nitrogen based solutions. This increase in the consumption of urea is expected to drive the growth of diesel exhaust fluid market. The diesel exhaust fluid market is expected to grow at CAGR of 9.04% during the forecast period. Asia Pacific is second largest market during the forecast period. Asia Pacific is one of the largest consumer of fertilizers in the world due to increase in the consumption of nitrogen and urea. The major dependency of urea in India is due to the imports of nitrogen and phosphate. This dependency will lead to the growth of the urea market, which will indirectly drive the growth of diesel exhaust fluid market. The consumption of fertilizers in South Asia is more as compared to other region due to which Asia Pacific is expected to be the largest market in the forecast period.

Scope of the Report

This study provides an overview of the global diesel exhaust fluid market, tracking three 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 diesel exhaust fluids market by its technology, vehicle type, end-use, and region

Key Players

The key players in diesel exhaust fluid market are Cummins Filtration (U.S.), Nissan Chemical Industries (Japan), Yara International (Norway), Shaw Development LLC (U.S.), CF Industries Holdings (U.S.), The McPherson Companies (U.S.), BASF SE (Germany), Blue Sky Diesel Exhaust Fluid (DEF) (U.S.), Brenntag AG (Germany), Carson (Portland) and Mitsui Chemicals, Inc. (Japan).

By Storage solution

• Bulk Storage
• Tanks
• Portable Containers
• Dispensers
• Others

Global Diesel Exhaust Fluid Market, By Vehicle Type

• Commercial Vehicles
• Passenger Vehicles

Global Diesel Exhaust Fluid Market, By End Market

• Aftermarket
• OEMs

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

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Table of Contents   

  

1   Executive Summary

2   Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Diesel Exhaust Fluid Market Overview

7   Global Diesel Exhaust Fluid Industry Market, By Storage Solution

8   Global Diesel Exhaust Fluid Industry Market, By Vehicle Type

9   Global Diesel Exhaust Fluid Industry Market, By End Market

10   Global Diesel Exhaust Fluid Industry Market, By Region

11   Competitive Landscape

12   Company Profiles

13   Appendix

…….Continued

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Water Purifier Market Robust Expansion by Top Key Manufactures, Demand and Supply to 2025

The global water purifier market could record a robust CAGR of 9.55% during the forecast period (2018-2025), asserts Market Research Future (MRFR). MRFR adds that the market is expected to reach the valuation of USD 88,047.8 Million by 2025.

Market Boosters and Key Barriers

Research says that close to 80% of illnesses in developing nations are caused by poor water quality and sanitation conditions. Although the number of people that have access to pure drinking water has risen, discrepancy still exists. Scarcity of clean drinking water has paved the way for innovations in the water purifier industry.

In earlier times, the gamut of the market was concentrated in urban areas, but with intense efforts from various governments and manufacturers to enhance consumer awareness, the water purifier industry is now seeping into rural areas as well. However, the penetration rate is still low, with rural consumers refraining from spending substantial sums on water purifiers. This factor offers a critical entry point for new entrants who are striving to climb the global market ladder by developing strategically-priced products.

A large number of water-related issues have entered the league of alarming environmental and global concerns, due to which the world is in dire need of efficient water purifier systems. Sensing the opportunity that arises from this soaring demand, manufacturers are armed with various innovations in the water purifier industry that could elevate their position in the coming years.

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Industry Trends

Rising Adoption of Smart Water Purifiers

The current world is quite fast-paced, which boosts the demand for systems that offer real-time alerts. In terms of water purifiers, consumers are interested in improving their smart home infrastructure by using connected water filters that help monitor the water quality and provides data about daily water consumption. Soon, this technology will be proliferating residential and municipal settings. Sensing the scope of growth of the technology, manufacturers are gradually integrating features in the app platforms in water purification technology that provide data to the users. This is expected to be a prominent trend that could make a huge impact on the market in the years ahead.

Market Segmentation

The global water purifier market has been segmented according to product, devices and end-user.

Depending on the product, the water purifier market includes UV water purifier, RO water purifier, and activated carbon filters. The UV water purifier segment growth is expected to be significant, value-wise. Ultraviolet purifiers are in demand as they make use of ultraviolet lamps that generate shortwave radiation for killing viruses, illness-causing bacteria and other microorganisms present in water. The ultraviolet technology does not involve use of any chemicals like chlorine, and also does not leave any odor or taste in water. On top of this, it needs extremely less energy and can be easily maintained.

Device-wise, the water purifier market can be narrowed down to countertop, wall-mounted, faucet-mounted, under-the-sink (UTS) and tabletop. The countertop segment could register a phenomenal growth rate during the evaluation period. These types of units are generally placed on countertops close to the kitchen sink and are directly connected to a faucet which provides filtered water. Other than this, these are readily available, easy to install and cost-effective, which further augments its demand in the market.

The end-users in the water purifier market are residential and commercial. In 2017, the residential segment was leading the global market, followed by the commercial segment. However, the commercial segment is anticipated to grow at a considerable rate in the near future. Malls, offices, stores, supermarkets, community centers, and complexes are being constructed continuously all around the world. With the surge in the supermarket concept coupled with rising consumerism, there has been a boost in construction activities within the commercial space. Governments are also stressing on development of better infrastructure such as airport and railways. With the rise in commercial activities, the demand for water purifiers is expected to increase at a quick rate.

Regional Insight

Geographical distribution of the global water purifier market is considered for Europe, North America, Asia Pacific (APAC), and the rest of the world (RoW).

In 2017, the APAC market was valued at USD 18,079.7 million, which helped establish its leading position among all the regions. APAC could reach the valuation of USD 37,081.4 million by 2025 and achieve a striking CAGR of 9.73% during the review period. The water purifier market in the region is performing quite well, owing to the mounting health awareness among consumers and the surge in economy. With the rise in government initiatives for pure water and burgeoning population accompanied by technological innovations, the demand for purified water in commercial and residential sector has risen significantly.

The North America market value is expected to be substantial in the years to come, given the increasing focus on optimal water use across all the sectors. The US Environmental Protection Agency (EPA) is continuously setting numerous standards and rules depending on the contaminant type for drinking water. The regional market also benefits from the rising use of water in commercial and household sector, expanding household disposable income and high GDP rate. As a result of all these factors, the North America water purifier market could be worth USD 20,979.6 Million by 2025 and could garner a healthy CAGR of 9.43% during the given timeframe.

Leading Players

The leading vendors in the worldwide water purifier market include Pentair Plc. (UK), Livpure Pvt. Ltd. (India), Hindustan Unilever Limited (HUL) (UK), Ningbo Lamo Drinking Water Equipment Co., Ltd. (China), EcoWater Systems LLC (US), Mitsubishi Chemical Corporation (Japan), 3M (US), Toray Industries, Inc. (Japan), Culligan (US), BWT AG (Austria), COWAY CO., LTD (South Korea), A. O. Smith India Water Products Pvt. Ltd. (US), Enmetec GmbH (Germany), Brita LP (US), KENT RO Systems Ltd. (India), Carrier Midea India (India), Shenzhen Angel Drinking Water Equipment Co., Ltd. (China), Koninklijke Philips N.V. (the Netherlands), Eureka Forbes (India), Panasonic Corporation (Japan), and others. India Water Products Pvt. Ltd.

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Table of Contents   

1   Executive Summary

2   Market Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Global Water Purifier Market, By Product

7   Global Water Purifier Market, By End-user

8   Global Water Purifier Market, By Region

9   Competitive Landscape

10   Company Profiles

11   Appendix

List of Tables

TABLE 1 MARKET SYNOPSIS

TABLE 2 LIST OF ASSUMPTIONS

TABLE 3 GDP PER CAPITA IN DEVELOPING NATIONS

TABLE 4 NORTH AMERICA: IMPORT ANALYSIS OF WATER PURIFIERS, 2013-2017

TABLE 5 EUROPE: IMPORT ANALYSIS OF WATER PURIFIERS, 2013-2017

List of Figures

FIGURE 1 GLOBAL WATER PURIFIER MARKET: MARKET STRUCTURE

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 DRIVERS, RESTRAINTS, AND OPPORTUNITY OF GLOBAL WATER PURIFIER MARKET

FIGURE 5 DRIVERS IMPACT ANALYSIS

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

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Heavy Construction Equipment Market Asia-Pacific Research Report 2019 Analysis & Forecast to 2021

Heavy construction equipment has been proved as a backbone for construction industry in order to save a lot of time and labour cost. There are several equipment that serve various purpose at construction sites. Various activities including earthmoving, material handling, transporting materials, etc. are catered by heavy construction equipment. High investments of construction industry in BRIC countries are driving the growth for heavy construction equipment market. Additionally, the need of satisfying rising infrastructure demand by growing population will enhance the growth prospects of heavy construction equipment market. The lucrative and high investment areas of construction industry in emerging economies and organization of upcoming world sports such as FIFA World Cup and Olympics will boost the demand for heavy construction machinery. The global heavy construction equipment industry growth is directly related to the worldwide infrastructural development activities. Addition of new technologies to the existing systems has been an ongoing trend within the market. Adoption of these equipment has been increasing over the time. High cost of heavy construction equipment is one of the major factors supporting retrofitted equipment. Some of the major players operating within heavy construction equipment market arena include Volvo Construction Equipment, Hitachi Construction Machinery Co., Ltd., Caterpillar Inc., J.C. Bamford Excavators Limited (JCB), Doosan Heavy Industries & Construction, Komatsu Ltd.,, and others.

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Huge investments in infrastructural projects in BRIC countries have spurred the demand for heavy construction equipment for commercial and residential purpose. Asia-Pacific region has given a tough competition to well established European and U.S. markets when it comes to heavy machinery. Increasing demand in Brazil is one of the key factors for the market growth. This is owing to the continued economic growth and political steadiness in the country. The construction companies are now focusing their attention to India for business. This is being achieved by either formation of alliances with the local players or through subsidiary companies. The buying behaviour in India is changing from “price based” to “value for money”. Moreover, the construction sector in Brazil has witnessed a good growth with the development in Brazilian economy. Infrastructural projects in the region have been steadily rising. Consequently, there is a high demand for construction equipment, which is attracting big market players to enter the region for business expansion. Recently, Hyundai Heavy Industries opened its first construction equipment factory in Brazil. The factory is estimated to have an annual production capacity of around 3,000 units. The company plans to further increase the capacity by 1,000 units over the next year. The equipment developed includes wheel loaders, backhoe loaders, and excavators. Hyundai had invested $175 million for the development of more than 6 million sq. ft. factory. The company has already received orders for 8 projects in Brazil for 500 construction equipment. Couple of these projects includes railway project in Northeast Brazil and hydroelectric power plant in the state of Para. Entry of such big players in Brazil indicates a significant demand coming for heavy construction equipment.

Key Players:

Volvo Construction Equipment, Hitachi Construction Machinery Co., Ltd., Caterpillar Inc., J.C. Bamford Excavators Limited (JCB), Doosan Heavy Industries & Construction, Komatsu Ltd., Liebherr group, Kobe Steel, Ltd. (Kobelco), CNH Industrial, Atlas Copco and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Asia Pacific heavy construction equipment market.

Industry/ Innovation/ Related News:

The key strategies followed by most companies within the Asia Pacific Heavy Construction Equipment market are that of new product development.

On May 2017, Volvo CE has unveiled electric compact excavator prototype that delivers zero emission 10 times higher efficiency, 10 times lower noise levels and reduced total cost of ownership.

On September 2016, Hitachi Construction Machinery Develops Object Detect Assist Technology for Mining Dump Trucks that will detect the obstacle when operator are driving, stopping, or starting mining dump trucks.

In 2017, Aregger AG has partnered with Liebherr Machines Bulle S.A (Switzerland) for providing customised demolition excavator. This will widen their product portfolio.

In December, 2016 – JCB India launched seven new products at Bauma ConExpo. With the launch of these products, the company positioned itself as a full range infrastructure equipment partner. Moreover, the growing construction industry has been the major reason behind this product launch. The growing construction industry has resulted in growth of heavy construction equipment market.

Heavy Construction Equipment Market – Segmentation

The Asia Pacific Heavy Construction Equipment market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Technology: Comprises Blanking, Embossing, Flanging, Bending, Coining and Others)

Segmentation by Application: Comprises Passenger Cars, Commercial Vehicles, Recreational Vehicles and Others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Heavy Construction Equipment Market: Regional Analysis

Asia Pacific region is expected to be the largest market in heavy construction equipment due to prospective growth in China which is followed by India, Japan, Singapore and other countries. In recent years, the demand for the construction equipment has been increasing with increasing speed as standard of living of people are increasing, disposable income are increasing, infrastructure is developing and most important people want their own house is forcing the heavy construction equipment market. Various economic factor that have led to the growth of the market are demand of heavy construction equipment. Government is taking initiative for various services like education, healthcare, public transport, infrastructure and other facilities are also helping the market to grow.

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Table of Contents     

1   Introduction

2   Research Methodology

3   Asia-Pacific Heavy Construction Equipment Industry: Overview

4   Market Dynamics

5   Asia-Pacific Heavy Construction Equipment Industry: Value/Supply Chain Analysis

6   Asia-Pacific Heavy Construction Equipment Industry: Porter's 5 Forces Analysis

7   Asia-Pacific Heavy Construction Equipment Industry: Market Value & Volume Forecast (2016-2027)

8   Asia-Pacific Heavy Construction Equipment Industry: By Product Type

9   Asia-Pacific Heavy Construction Equipment Industry: By Application Type

10   Asia-Pacific Heavy Construction Equipment Industry: By End Users Type

11   Asia-Pacific Heavy Construction Equipment Industry: By Country

12   Company Landscape

13   Company Profile

14   MRFR Conclusion

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com

Global Electric Vehicles Market 2019: Industry Key Players, Share, Trend, Applications, Forecast To 2025

The global electric vehicle market is a very dynamic and is expected to witness significant growth over the forecast period. The growth of the electric vehicle market is majorly influenced by the surge in demand of electric vehicle worldwide, increasing fuel prices, and expansion of global auto-manufacturers into new emerging markets and government initiatives and among others. On the other hand, emerging economies seeks more opportunities for electric vehicles will create ample scope for market growth. However, high prices of electric vehicles and underdeveloped aftermarket services could hinder the market growth.

Global automakers are increasingly introducing the electric cars to tackle the vehicle emission problems and reduce pollution. This has resulted in electric cars being increasingly affordable and commercially competitive with the conventional gasoline cars. One of the major drawbacks of the electric cars is the complexity of its drive and power train systems. The manufacturing of the individual components of these systems is highly costly and requires more time to test and implement the technology.

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Market Dynamics

Market Research Analysis:

Geographically, Asia-Pacific is the leading market for electric vehicle which has consumed the market share of 53.2% in 2016. Presence of China, Japan and South Korea is one of the major factors that is driving the electric vehicles market. China is the largest market for electric car and electric two wheeler. Since 2015, the sales have been grown massively in China. However, it has created an ample scope for the automakers to cover the region. Moreover, the automakers such as Tesla, Tata Motors, Hyundai and other have decided to initiative the electric car production in India as well, which is quiet a profitable decision as the government has also taken various steps to make more investment in these countries.

As per MRFR analysis, China is the largest market for electric vehicles production and has produced around 40% of the total electric vehicle build globally in 2016. Overtaking the US, China is now the most attractive country for electric vehicles. China has stretched its industry leadership by making profits across all scopes of the supply side of electric vehicles containing current and projected production of electric vehicle and their components, such as electric motors and lithium-ion battery cells.

Global Electric Vehicles Market 2017-2023

Scope of the Report:

This study provides an overview of the global electric vehicles market, 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 electric vehicles market by technology, by vehicle type and by regions.

By Technology

• Battery Electric Vehicles
• Hybrid Electric Vehicles
• Plug-In Hybrid Electric Vehicles

By Vehicle type

• Passenger Cars
• Commercial Vehicles
• Two Wheelers

By Regions

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Key Players:

The key players of the global electric vehicles market are Nissan Motor Company, Tesla Inc, Toyota Motor Corporation, Ford Motor Company, Volkswagen, BMW, General Motors, Daimler AG, Hyundai Motor Company, Mitsubishi Motors Corporation and among others.

Complete Report Details of Electric Vehicles (EV) Market @ https://www.marketresearchfuture.com/reports/electric-vehicles-market-1793     

    

Table of Contents

1   Executive Summary

2   Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Global Electric Vehicle Market, By Technology

7   Global Electric Vehicle Market, By Vehicle Type

8   Global Electric Vehicle Market, By Region

9   Competitive Landscape

10   Company Profiles

List of Tables

TABLE 1 GLOBAL ELECTRIC VEHICLE MARKET, BY TECHNOLOGY, 2015–2023

TABLE 2 GLOBAL ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2017–2025 

TABLE 3 GLOBAL ELECTRIC VEHICLE MARKET, BY REGION, 2017–2025 

TABLE 4 NORTH AMERICA ELECTRIC VEHICLE MARKET BY COUNTRY, 2017–2025 

TABLE 5 NORTH AMERICA ELECTRIC VEHICLE MARKET BY TECHNOLOGY, 2017–2025 

....

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR 

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 

FIGURE 3 MARKET DYNAMICS 

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS 

FIGURE 5 NUMBER OF ELECTRIC CAR ON ROAD IN 2016

…….. Continued

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Bearing Market Global Research Report 2019 Analysis & Forecast To 2025

Bearings are used for reduction of friction between the moving parts and to constrain the relative motion of automotive and other machinery. Market Research Future (MRFR) has recently availed a report asserting the expansion of global bearing market at a noteworthy CAGR for the next five years.

The wide application of bearings in the automotive industry is acting as one of the major driving forces for generating a colossal demand for bearings in the global market. The increasing application of bearings in various industrial sectors, such as electronics, railway, aerospace, mining and construction, manufacturing and transport and others, is fueling the expansion of the global bearing market. The various benefits of bearings, that include reduced lubricant consumption, reduction in energy consumption and enhanced equipment performance, are inducing the demand for bearings in multiple industries.The increasing utilization of high capacity bearings in wind turbines is generating demand for bearings in the market, leading to the growth of the global bearing market. The unprecedented growth of the automotive industry and increase in the manufacturing of heavy machinery are some of the important factors fueling the expansion of the global bearing market.

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The technological advancements, such as incorporation of the sensor unit with bearings among others, are anticipated to offer higher opportunities for the growth of the global bearing market. Increasing investments in research and development, by the manufacturers of bearing market, to introduce innovative, cost-effective, high-efficiency bearings is fueling the expansion of the global bearing market. The advancement in lubrication technology and inclination towards the use of light-weight components are creating high demand for bearings leading to the growth of the global bearing market. The demand for the application-specific bearing is anticipated to emerge as a significant market trend, leading to a noteworthy growth of the global bearing market.

Market Segmentation:
The global bearing market has been segmented on the basis of product and application. On the basis of product, the bearing market is segmented into plain bearing, ball bearing, roller bearing and others. Among these, the ball bearing segment dominated the global bearing market in 2015. However, the roller bearing segment is anticipated to dominate the market during the forecast period as this product provides reduced friction and can sustain heavy radial load and shock or impact loading as compared to ball bearing.

On the basis of application, the global bearing market is segmented into automotive, electronics, aerospace, construction and others. Among these, the automotive segment is dominating the global bearing market and the aerospace segment is anticipated to project the fastest growth during the forecast period.

Detailed Regional Analysis:

On the basis of region, the global bearing market has been segmented into North America, Europe, Asia-Pacific and the rest of the world. Among these regions, Asia-Pacific is anticipated to dominate the global bearing market due to the rapid expansion of automotive, construction and other industries in this region. The robust growth of automotive, construction, mining and aerospace industries in North America and European region is fueling the expansion of the bearing market in this region. The rapid infrastructural and industrial development is influencing the expansion of the global bearing market in the rest of the world.

Competitive Analysis:
The constant surge in investment for research and development by the major manufacturers to introduce innovative products in the market is triggering the competition among the players of the global bearing market. In May 2018, NTN Corporation (Japan) has launched a new product called ‘sHUB,’ a hub bearing with steering assist function, which can be equipped on the front wheels of the vehicles.

The leading players in the global bearing market are NTN Corporation (Japan), Svenska Kullagerfabriken AB (Sweden), Schaeffler Group (Germany), NSK Ltd. (Japan), The Timken Company (U.S.), JTEKT Corporation (Japan), Robert Bosch GmbH (Japan), The Danaher Corporation (U.S.), GKN plc.(U.K.) Minebea Mitsumi, Inc. (Japan) and others. 

Table of Contents

1   Executive Summary

2   Market Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Global Magnet Bearing Market, By Type

7   Global Magnet Bearing Market, By Application

8   Global Magnet Bearing Market, By Speed

9   Global Magnet Bearing Market, By End User

10   Global Magnet Bearing Market, By Region

11   Competitive Landscape

12   Company Profiles

List of Tables

Table 1 Global Bearing Market, By Region, 2017–2025

Table 2 North America: Bearing Market, By Country, 2017–2025

Table 3 Europe: Bearing Market, By Country, 2017–2025

Table 4 Asia-Pacific: Bearing Market, By Country, 2017–2025

Table 5 RoW: Bearing Market, By Region, 2017–2025

....

List of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top-Down And Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Continued…….  

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
sales@marketresearchfuture.com

Analysis of Powered Agriculture Equipment Market in Global Industry: Technology, Applications, Growth and Status 2019

According to the latest analysis presented by Market Research Future (MRFR), the global powered agriculture equipment market is set to strike a CAGR of 5.43% during the forecast period. The valuation of the market is likely to touch USD 99.89 Bn towards the end of the review period.

The exponential population of the world has led to a drastic rise in the demand for food. This, in turn, has accelerated the need for advancements in agriculture technology for better productivity. The growth trajectory of the powered agriculture equipment market is guided by these technological innovations and advancements.

The advent of the Internet of Things (IoT) and automation has led to a noteworthy development in the powered agriculture equipment market. Automation in agriculture has opened new avenues for growth in the near future. The need for maximum production in limited space is projected to push the expansion of the powered agriculture equipment market.

Investments are poised to flow towards the development of innovative power equipment for revolutionizing scientific agriculture. Furthermore, the need for machinery for undertaking new ways of farming such as hydroponics are also prognosticated to favor the proliferation of the powered agriculture equipment market through the assessment period.

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Market Segmentation:By product type, the global powered agriculture equipment market has been segmented into tractors, combine/combine harvester, sprayer, soil preparation & cultivation equipment, seed drill, and others.

Regional Analysis:The global powered agriculture and equipment market, by region, has been segmented into Europe, North America, Asia Pacific and the Rest of the World. Asia Pacific accounted for the maximum share of 33.47% in 2016 and was valued at USD 23.3 Bn. The region houses 60% of the world population which has intensified the demand for food in the region. This, in turn, is poised to catalyze the growth of the powered agriculture equipment market in the region. The major country-level markets in the region, such as China, India, Indonesia, etc., are investing in agricultural production on a large scale. It is projected to drive the expansion of the powered agriculture equipment market over the next couple of years owing to the requirement for enhanced productivity.

North America is expected to hold the second position in the global marketplace and touched a valuation of USD 20.2 Bn in 2016. North America has always pioneered technological innovations which are likely to favor the expansion of the powered agriculture equipment market in the foreseeable future. The U.S. is a major producer of wheat, corn, and soybean, which has motivated the leaders to revolutionize the regional market. Furthermore, Canada is also another major country-level market expected to complement the proliferation of the regional market.

Europe accounts for 24.7% share of the global powered agriculture and equipment market. Germany and France are the most substantial country-level markets in the region. Furthermore, Germany is also one of the leading exporters of agriculture machinery in the world. It is anticipated to exhibit significant growth over the assessment period.

Competitive Landscape:Some of the key players profiled in the report are John Deere & Co. (U.S.), CNH Industrial (U.K), Kubota Corporation (Japan), CLAAS Group (Germany), Escorts Group (India), Iseki & Co. Ltd (Japan), AGCO Corporation (U.S.), Mahindra & Mahindra Ltd (India), SDF S.P.A. (Italy), and Alamo Group Inc. (U.S.).

Industry News:In April 2018, IBM Research, the largest industrial research organization in the world, has collaborated with an agtech startup, Hello Tractor, for the development of AI and blockchain-driven platform for African farmers.

In September 2018, Engineering conglomerate Escorts showcased automated concept tractor aimed at smart farming solutions. Escorts has collaborated with seven companies for the development of this autonomous tractor that will guide the farmers.

In December 2018, the U.S. based Sullivan Auctioneers powered by Proxibid launched eTractor.com for trusted online equipment solutions, timed auctions, offering live auctions, and an equipment marketplace

Get Complete Report Details of “Powered Agriculture Equipment Market Research Report- Global Forecast to 2023” @ https://www.marketresearchfuture.com/reports/powered-agriculture-equipment-market-2439   

Table of Contents

1   Executive Summary

2   Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Global Powered Agriculture Equipment Market, By Product Type

7   Global Powered Agriculture Equipment Market, By Region

8   Competitive Scenario

9   Company Profile

List of Tables

TABLE 1 SUBSIDIES SPECIFICALLY FOR THE PURCHASE OF AGRICULTURE EQUIPMENT 

TABLE 2 WORLD FARMING CALENDAR

 

TABLE 3 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY PRODUCT TYPE, 2015-2023

TABLE 4 GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET, BY REGION, 2015-2023 

TABLE 5 NORTH AMERICA: POWERED AGRICULTURE EQUIPMENT MARKET, BY COUNTRY, 2015-2023

...

List of Figure

FIGURE 1 RESEARCH PROCESS OF MRFR 

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 

FIGURE 3 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL POWERED AGRICULTURE EQUIPMENT MARKET 

FIGURE 4 SIZE OF AGRICULTURE IN GDP 

FIGURE 5 EFFECT OF ECONOMIC ENVIRONMENT ON THE AGRICULTURE EQUIPMENT DEMAND

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

slase@marketresearchfuture.com