Heavy investments from automakers in EVs and encouraging government policies and subsidies are significant factors for the growth of the electric vehicle market globally The global electric vehicle market is estimated to grow from 3,269,671 units in 2019 to reach 26,951,318 units by 2030, at a CAGR of 21.1%. Increased emphasis...
TRATON SE, erstwhile Volkswagen Truck & Bus, is on the transformational road from being a commercial truck and bus manufacturer to a mobility services provider.With the group’s MAN brand operating on wafer thin margins while Swedish heavy-truck and bus brand Scania enjoys double digit profit and growth, the group has laid a target of 9% profit...
India Electric Bus Market By Seating Capacity (Up to 30 Seater; 31-40 Seater; Above 40), By Battery Type (Lead Acid and Lithium Ion), By Application (Intercity; Intracity; Airport Bus), By Bus Length (6-8m; 9-12m; Above 12m), Competition Forecast & Opportunities, FY2017-FY2024 India electric bus market stood at around...
Data Bus market worldwide is projected to grow by US$6 Billion, driven by a compounded growth of 4. 5%. MIL-STD-1553, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep...
The thriving research on fuel cell is a result of global fossil fuel resources to be exhausted within a century. Hydrogen fuel cell as a kind of renewable resource has plenty of merits: (1) an energy conversion efficiency of as high as 50%-60%; (2) zero pollution, zero emission; (3) modular design, low maintenance cost; (4) many ways to produce...
The structural adhesives market is projected to register a CAGR of 6.8%, in terms of value, between 2019 and 2024 The structural adhesives market is expected to grow from USD 14.0 billion in 2019 to USD 19.4 billion by 2024, at a CAGR of 6.9%, between 2019 and 2024. APAC is the largest consumer of structural adhesives....
China as the world’s largest bus manufacturer supplies nearly 50% buses in global market. In 2018, the country manufactured 489,000 buses, 7.0% less than in the previous year. China’s bus industry has made changes over the years, with output sliding at an annual average rate of 6.1% between 2015 and 2018. The downtrend in output will continue...
About this market The advantages of school buses over other modes of transportation is one of the critical factors that will trigger the growth of the market during the forecast period. School buses are built explicitly with the focus of providing safe transportation to school going children. Hence, these buses are...
The report on the global automated truck loading system market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global automated truck loading system market to grow with a CAGR of 7.4% over the forecast period from 2019-2025. The study on automated truck loading...
China’s demand for Automotive Coatings has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...