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abhishek1bora1 · 4 years
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Electric Vehicle Charging Stations Market to Witness Huge Growth by 2027
The global portable chargers for electric cars market size is expected to showcase a significant growth by reaching USD 100.96 billion by 2027, while exhibiting an astounding CAGR of 23.24% between 2020 and 2027. This is attributable to the increasing government fund to develop electric charging infrastructure and the growing demand for electrification of vehicles across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Electric Vehicle Charging Station Market Size, Share & Industry Analysis, By Charger Type (Fast, Slow/Moderate), By Application (Commercial, Residential) and Regional Forecasts, 2020-2027.” The report further mentions that the market was worth USD 39.70 billion in 2019.
Source:
https://www.fortunebusinessinsights.com/electric-vehicle-ev-charging-stations-market-102058
Complete Shutdown amid COVID-19 to Lead to Disruption in Manufacturing Operations
An electric vehicle charging station is a built-in charging point infrastructure that is used to supply energy to electric vehicles (EVs). The EVs consists of converter boards that can be used to plug into the standard high-capacity electrical outlets or stations. These stations support faster charging of the EVs even at higher currents and voltages. In addition to this, they consist of a heavy-duty special type of converters that can be plugged into an EV to facilitate rapid charging.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Government Fund for Developing Charging Infrastructure to Promote Growth
Several automakers are introducing new plug-in hybrids and electric vehicles across the globe. Owing to the increasing focus on reducing greenhouse gas emission and providing better quality air, the government is facilitating funds to develop new electric vehicle charging station networks in the forthcoming years. For instance, in July 2020, the Florida Governor, Ron DeSantis announced about USD 8.6 million funding to develop electric vehicle charging stations along the state highways. Therefore, the increasing government funds to develop charging stations are expected to drive the global electric vehicle charging station market during the forecast period.
SEGMENTATION:
Slow/Moderate Charger Segment Held a 16.92% Share Stoked by the Increasing Availability of the Chargers
The segment slow/moderate charger, based on charger type, held a market share of about 16.92% in 2019 and is likely to showcase a considerable growth owing to the presence of chargers largely across the globe.
REGIONAL INSIGHTS
Asia-Pacific to Remain at the Forefront; Increasing Focus on Developing Charging Infrastructures to Spur Demand
Among all the regions, Asia-Pacific was worth USD 20.06 billion in 2019 and is likely to hold the highest global electric vehicle charging station market share during the forecast period. This is attributable to the increasing focus on developing electric vehicle charging stations in countries such as China in the region. The market in North America will experience an exponential growth in the forthcoming years. This is ascribable to factors such as the presence of several electric charging networks in the United States between 2020 and 2027.
COMPETITIVE LANDSCAPE
Partnerships between Major Companies to Strengthen Their Market Positions
The global electric vehicle charging station market is consolidated with the presence of major players such as ChargePoint, Inc. Key players are expanding their operations by establishing partnerships between them in a bid to broaden their footprints in the fiercely competitive global marketplace. In addition to this, the adoption of strategies such as merger and acquisition, collaboration, and the introduction of new products by the companies will bode well for the market growth during the forecast period.
Industry Development:
July 2020: Eversource, a leading energy solutions provider, in collaboration with the Town of Natick, completed the installation of 3 dual-port electric vehicle charging stations at John J Lane Park and Community Gardens, Dug Pond, and Connor Heffler Park. The collaboration is aimed at bringing down the emission levels drastically and promote green culture in the town.
List of the Companies Proliferating in the Market:
ChargePoint Inc. (California, USA)
Schneider Electric (Rueil-Malmaison, France)
Tesla Inc. (Palo Alto, California, USA)
BP Chargemaster (Luton. UK)
Shell International BV (The Hague, The Netherlands)
Webasto Group (Stockdorf, Germany)
Siemens AG (Munich, Germany)
EVBox (Amsterdam, USA)
Eaton (Dublin, Ireland)
Other
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping   organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
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abhishek1bora1 · 4 years
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Automotive Steering System Market : Latest Report With Forecast 2020 - 2027
The global automotive steering system market size is projected to reach USD 25.4 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. However, the market was valued at USD 17.1 billion in 2018. This information is published in a recent study by Fortune Business Insights™, titled, “Global Automotive Steering System Market Size, Share & Industry Analysis, By Type (Electric Power Steering (EPS), Hydraulic Power Steering (HPS), Manual, Electro-Hydraulic Power Steering (EHPS)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), and Regional Forecasts, 2019-2026.” As per the study, the increasing usage of hybrid loader and construction machinery across the world has resulted in the rising demand for smooth driving. It would affect the market positively during the forthcoming years.
Source:
https://www.fortunebusinessinsights.com/industry-reports/automotive-steering-system-market-101930
What Does the Report Contain?
Analytical depiction of the automotive steering system market trends, growth drivers, future estimations, obstacles, opportunities, and challenges.
Elaborate information about every possible segment present in the market.
Porter’s five forces analysis to illustrate the potency of the suppliers and buyers.
Demand for Highly Comfortable Driving Experience to Boost Growth
The demand for fuel-efficient vehicles equipped with an enhanced steering system is growing day by day. Also, the governments of several countries are putting forward stringent rules and regulations regarding fuel efficiency in vehicles. It would accelerate the automotive steering system market growth during the forecast period.
Moreover, consumers are shifting towards a smooth and extremely comfortable driving experience nowadays. Besides, in the developing countries, such as India and China, the demand for high-tech automotive steering system is upsurging. These factors would also contribute to the growth of the market.
Electric Power Steering Segment to Dominate Backed by Ongoing Technological Advancement
In terms of type, the market is segregated into manual steering, electric power steering (EPS), electro-hydraulic power steering (EHPS), and hydraulic power steering (HPS). Out of these, the EPS segment is set to lead the market in the coming years. It would occur because the automakers are using this type of steering in almost every model of vehicles. Combined with this, ongoing advancements in the steer-by-wire technology would also drive this segment. It would further aid in propeling the automotive steering system market revenue.
The HPS segment is set to showcase a good growth throughout the forecast period owing to its rising adoption and usage in commercial vehicles. In 2018, this segment had acquired 12.7% market share. Commercial vehicles possess very limited load-bearing capacity. Hence, EPS fails to work in them. Moreover, HPS can absorb road shocks efficiently.
Asia Pacific to Lead: Demand for High-end Luxury Cars to Favor Growth
The market is geographically fragmented into Europe, Asia Pacific, North America, and the rest of the world. Out of these, Asia Pacific is anticipated to lead the market throughout the forecast period. This growth is attributable to the rising production and sales of automakers in emerging economies. Also, increasing disposable income of the masses and rising demand for high-end luxury vehicles are set to fuel automotive steering system market growth in this region.
Europe is set to remain in the second position in terms of the automotive steering system market share in the near future. It is likely to occur because of the increasing government rules regarding fuel efficiency. It is further resulting in the rising adoption of fuel-efficient vehicles, equipped with enhanced steering system. Lastly, North America would exhibit a steady growth on account of the presence of prominent automakers in the U.S. and Canada. The market size of this region was 17.8 million units in the year 2018. The region is also considered to be the second-largest market for the hydraulic power steering system.
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https://www.fortunebusinessinsights.com/press-release/electric-vehicle-market-9373
August 2019: Nexteer Automotive, an automotive parts supplier based in the U.S., announced that it is collaborating with Dongfeng Motor Parts and Components Group Co., Ltd. To begin mass production of single pinion assist electric power steering (SPEPS) systems. The production indicates a rising alignment between both companies. Nexteer will take a step closer to serving consumers, such as Dongfeng Motor Group, and lay a robust foundation for profitable growth.
Fortune Business Insights™ profiles some of the renowned companies operating in the automotive steering system market.
They are as follows:
Thyssenkrupp AG
Hyundai Mobis CO., Ltd.
Nexteer Automotive Group Limited
JTEKT Corporation
Showa Corporation
NSK Ltd.
Mitsubishi Electric Corporation
Other key market players
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
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abhishek1bora1 · 4 years
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Aerospace Floor Panels Market: Latest Report With Forecast 2020 - 2027
The Global Aerospace Floor Panels Market Size is projected to reach USD 107.27 million by the end of 2027. The increasing investment in the research and development of efficient aerospace floor panels will constitute an increase in the overall market size. According to a report published by Fortune Business Insights, titled “Aerospace Floor Panels Market Size, Share & Industry Analysis, By Core Material (Nomex Honeycomb, Aluminum Honeycomb, and Others), By Aircraft (Commercial, Military, Business & General Aviation and Others) and Regional Forecast, 2020-2027,” the market was worth USD 75.37 million in 2019 and will exhibit a CAGR of 5.45% during the forecast period, 2020-2027.
Read full detailed Report:
https://www.fortunebusinessinsights.com/aerospace-floor-panels-market-102300
Aerospace floor panels are widely used in the aerospace industry accounting to their favourable properties such as high strength and resistance to external factors. The massive investments in the research and development of this product are consequential to the increasing demand and applications. The presence of several large scale companies in the market will contribute to rapid growth. Increasing applications of the product will have a direct impact on the growth of the overall market. The rising air traffic is another factor that will lead to a wider adoption of aerospace floor panels across the world. Increasing safety and construction standards will bode well for the growth of the overall market in the coming years. The constantly rising flight travels will emerge in favor of market growth.
Increasing Number of Company Mergers and Acquisitions Will Provide Impetus to Market Growth
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. In December 2018, UTC announced that it has completed the acquisition of Rockwell Collins. This acquisition is deemed as one of the largest M&As of recent times. Through this acquisition, UTC will establish itself as one of the powerhouses in the aerospace industry. This acquisition will not just benefit the company but will have a direct impact on the growth of the aerospace floor panels market in the coming years.
North America to Emerge Dominant; Presence of Several Large Scale Manufacturers to Aid Growth
The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is expected to emerge dominant in the coming years. The United States is a hub for several large scale aerospace floor panel manufacturers. The presence of several large scale companies will ultimately emerge in favor of the growth of the overall market. The United States is also one of the largest consumers of the product; a factor that will influence the growth of the regional market. As of 2019, the market in North America was worth USD 35.65 million and this value is projected to increase at a considerable pace driven by the high investment in product R&D by major companies.
The market in Europe accounts for the second largest share among all regions. The presence of floor panel giants such as Airbus has benefited the growth of the market. Moreover, other large scale companies in several countries such as Germany, France, and the UK will contribute to the growth of the overall market in this region.
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https://www.fortunebusinessinsights.com/catalytic-converter-market-102046
https://www.fortunebusinessinsights.com/automotive-electric-vacuum-pump-market-102057
List of companies profiled in the report:
Rockwell Collins (UTC){ USA}
EFW{Germany}
The Gill Corporation{USA}
Avcorp Industries{Canada}
Triumph Group{USA}
The NORDAM Group LLC{USA}
ENCORE GROUP{USA}
EURO COMPOSITES{USA}
AIM ALTITUDE{UK}
Advanced Custom Manufacturing{USA}
Others
Industry Developments:
September 2017: Triumph Group announced that it has extended its contract with Boeing for ducting and floor panels required for Boeing’s 737 (legacy and MAX), 767, 777X and 787 airplanes. Through this contract, the company will deliver these composite materials over the next decade.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Read more Press Release by Fortune Business Insights™ :
https://www.fortunebusinessinsights.com/press-release/automotive-steering-system-market-9491
https://www.fortunebusinessinsights.com/press-release/electric-bus-market-9541
https://www.fortunebusinessinsights.com/press-release/automotive-seat-belts-market-9588
https://www.fortunebusinessinsights.com/press-release/automotive-lighting-market-9597
https://www.fortunebusinessinsights.com/press-release/fuel-cell-vehicle-market-9652
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abhishek1bora1 · 4 years
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Automotive Electric Turbocharger Market: Latest Report With Forecast 2020 - 2027
Final Report will add the Impact of COVID-19 Analysis on Automotive Electric Turbocharger Industry:
The Global Automotive Electric Turbocharger Market Size is projected to reach USD 0.11 billion by the end of 2027. The rising emphasis on the adoption of electric vehicles due to increasing carbon emissions across the world will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Automotive Electric Turbocharger Market Size, Share & Industry Analysis, By Fuel Type (Gasoline and Diesel) and By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle) and Regional Forecasts, 2019-2027,” the market was worth USD 0.13 billion in 2019 and will exhibit a CAGR of 14% during the forecast period, 2019-2027.
Source:
https://www.fortunebusinessinsights.com/automotive-electric-turbocharger-market-103293
List of companies profiled in the report:
Garrett Motion (Rolle, Switzerland) (https://www.garrettmotion.com/)
Continental AG (Hanover, Germany) (https://www.continental.com/en)
Aptiv PLC (Dublin, Ireland) (https://www.aptiv.com/)
ABB (Zurich, Switzerland) (https://new.abb.com/)
Cummins Inc. (Columbus, US) (https://www.cummins.com/)
Ningbo Motor Industrial Co. Ltd. (Ningbo, China) (http://www.nbmotor.com/)
Precision Turbo and Engine Inc. (Hebron, Indiana) (https://www.precisionturbo.net/)
Robert Bosch GmbH (Gerlingen, Germany) (https://www.bosch.com/)
Mahle (Stuttgart, Germany) (https://www.mahle.com/)
Rotomaster International (Canada) (http://www.rotomaster.com/)
Mitsubishi Heavy Industries. Ltd (Tokyo, Japan) (https://www.mhi.com/mitsubishi-heavy-industries-ltd-global-website)
Covid-19 Impact to Have a Negative Impact on Automotive Sales
The recent coronavirus outbreak has had a negative impact on several businesses across the world. Due to lockdowns and social distance practices, businesses have been forced to shut down manufacturing units. The Covid-19 pandemic will continue to affect the overall automotive electric turbocharger market in the coming years in a negative manner.
Automotive electric turbocharger is a primary component in any vehicle as it is directly responsible for the overall efficiency of the vehicle. The product plays a huge role in the overall efficiency of the vehicle. Recent advances in combustion engines of the vehicles have opened up a huge potential for the growth of the overall market. The high investment in technological intervention in combustion engines and electric turbochargers will enable products with high efficacy. The presence of several large scale companies will bode well for the growth of the market. The competitive market is a result of growing demand for vehicles across the world. Moreover, advances in physical structures of automotive electric turbochargers have yielded compact structures and design as well reduced the weight of the product; which will further affects the growth of the market.
Product Innovations have had a Massive Impact on Market Growth
The report encompasses several factors that have affected the growth of the overall automotive electric turbocharger market in recent years. Accounting to the massive potential held by these products, companies have shown constant efforts to invest heavily in the deployment of advanced concepts and introduce newer products. The use of modern technologies has yielded several innovative products in recent years. The report highlights a few of the major innovations of recent times and discusses the strategies adopted by major companies. In October 2019, Garrett Motion announced the launch of a new turbocharger for passenger cars. The company introduced the world’s first ever electric turbocharger; a product that it estimated to enter the market by the year 2021. The company plans to introduce the first E-turbo application in luxury and high-performance vehicles. This product will open the doors for newer innovations and ultimately influence the growth of the overall market in the coming years.
Europe Holds the Largest Market Share; Increasing Efforts taken to Reduce Carbon Emissions will Aid Growth
The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Europe currently holds the largest market share. The stringent norms imposed by governments in several countries across this region regarding carbon emissions will lead to a wider adoption of electric cars. This, in turn, will create several opportunities for the companies operating in this market. The presence of several large scale electric car vendors in this region will contribute to market growth. As of 2019, the market in Europe was worth 0.05 billion and this value is projected to increase at a considerable pace in the coming years. The market in Asia Pacific will hold a considerable market share in the coming years driven by the increasing urbanization and expansion in industrial sectors.
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Industry Developments:
January 2020: BorgWarner announced that it has completed the acquisition of Delphi Technologies in All-Stock Transaction. The contract is estimated to be worth approximately $3.3 Billion.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Read more exclusive Press Release from Fortune Business Insights™ :
Automotive Chassis Market : https://www.fortunebusinessinsights.com/press-release/automotive-chassis-market-9316
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abhishek1bora1 · 4 years
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Automotive Shielding Market Research, Dependability And Innovations In Technology
Final Report will add the Impact of COVID-19 Analysis on Automotive Shielding Industry:
The global automotive shielding market is set to gain traction from the rising government initiatives to curb global warming and pollution. Therefore, manufacturers are focusing in electrification of the vehicles to reduce carbon footprints. This information is given by Fortune Business Insights™ in a recently published report, titled, “Automotive Shielding Market Size, Share & Industry Analysis, By Shielding Type (Heat Shield and Electromagnetic Interference [EMI] Shield), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2020-2027.” The report further states that the automotive shielding market size was USD 7.54 billion in 2019 and is projected to reach USD 16.52 billion by 2027, thereby exhibiting a CAGR of 10.3% during the forecast period. The following market is expected to decline significantly in 2020 due to the COVID-19 impact and hence, the 2020-2027 CAGR is high.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Source:
https://www.fortunebusinessinsights.com/automotive-shielding-market-103018  
This Report Answers the Following Questions:
What are the forecast, historical, and current sizes of the market?
Which company is set to generate the highest revenue in the coming years?
How will the market be affected in terms of growth?
Which strategies are the key companies following to surge sales of automotive shields?
How will the Covid-19 pandemic impact the market during the forthcoming years?
Drivers & Restraints-
How will the Outbreak of Covid-19 Pandemic Affect the Market?
Owing to the complete lockdown measures declared by the regulatory bodies worldwide, the entire manufacturing operations have come to a standstill.
The service sector is also shut down.
The above factors are affecting the manufacturing supply chain immensely. These have mainly impacted those industries that are completely dependent on the goods, services, and materials manufactured in China.
The mankind are presently prioritizing their basic needs instead of spending hefty amounts of money on luxurious goods and vehicles.
The quarantine measures, as well as the reduced workforce have made it necessary for the manufacturers to shut their production lines.
All these above-mentioned factors prove that the overall sales of vehicles would decline and would result in the low demand for automotive shields. It would further decline the automotive shielding market growth in the coming years.
Segment-
Heat Shields Segment to Grow Significantly Backed by Their Rising Usage in Automobiles
In terms of shielding type, the market is bifurcated into electromagnetic interference (EMI) shield system and heat shields. Amongst these, the heat shields segment is set to grow significantly backed by their increasing usage in automobiles. They are mainly utilized in turbocharger, engine compartment, under chassis, and exhaust system in vehicles. As per our research, these shields are capable of lowering approximately 70% of the heat coming out of the exhaust system. They can also improve the performance of the vehicles by lowering the temperature produced by various components and systems, and then minimize fuel consumption.
Regional Analysis-
Development of Connected Mobility to Favor Growth in Asia Pacific
Geographically, Asia Pacific procured USD 4.47 billion automotive shielding market share in 2019 and is likely to dominate the market throughout the forthcoming period. This growth is attributable to the hike in the automotive industry in the developing countries, such as India and China. Coupled with this, the ongoing development of smart transportation system and connected mobility in these countries would accelerate growth in the region. The industry in this region has become advanced because of several smart mobility projects, such as Vehicle-to-Pedestrian (V2P), Vehicle-to-Vehicle (V2V), and Vehicle-to-Infrastructure (V2I). The automotive shielding systems are gaining more popularity in Asia Pacific on account of the rising government initiatives to control the emission of carbon in the atmosphere.
Competitive Landscape-
Key Players Focus on Making Products with Unique Materials to Increase Sales
The market consists of numerous automotive shieling manufacturers. They are mainly focusing on producing automotive shields equipped with innovative materials to cater to the needs of their growing consumer bases. They are also trying to deliver efficient insulation products. Below is a recent key industry development:
April 2019: Toyochem Co., Ltd. introduced its thermally conductive adhesive sheets under the LIOELM FTS series. It is best suited for high power electronic devices to act as a heat-dissipation solution. The product is capable of transferring heat from the actual source by persistently insulating the device from thermal shock and high voltages.
Fortune Business Insights™ provides a list of all the automotive shielding companies.
They are as follows:
Tenneco Inc.
Laird
Autoneum
3M
Marian, Inc.
Kitagawa Corporation
ElringKlinger AG
Henkel AG & Co. KGaA
Lydall, Inc.
PARKER HANNIFIN CORP
Morgan Advanced Materials
SCHAFFNER HOLDING AG
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Commercial Vehicle Rental and Leasing Market : https://www.fortunebusinessinsights.com/commercial-vehicle-rental-and-leasing-market-102988
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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Contact Us:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
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abhishek1bora1 · 4 years
Text
Vehicle Electrification Market set to witness surge in demand over the forecast period of 2020-2027
The global vehicle electrification market size is expected to gain momentum by reaching USD 53.3 billion till 2026 while exhibiting a CAGR of 8.5% between 2019 and 2026. This is attributable to increasing demand for hybrid vehicles owing to rising pollution and high adoption of advanced technologies by the manufacturers across the globe. Fortune Business Insights, publishes this information in its latest report, titled “Vehicle Electrification Market Size, Share and Industry Analysis; By Product Type (Start/Stop System, Electric Air Conditioner Compressor, PTC Heater, Electric Vacuum Pump, Electric Water Pump, Electric Oil Pump, Starter Motor & Alternator, Integrated Starter Generator, Actuators). By Vehicle Type (Passenger Cars, Light Commercial Vehicles & Heavy Commercial Vehicles), and Regional Forecast, 2019-2026.” The report further mentions that the market was worth USD 27.9 billion in 2018.
The COVID-19 pandemic has led to severe repercussion owing to its widespread effects across several economies. Several industries are facing unprecedented losses owing to the lockdown announced by several governments across the globe that has resulted in the complete shutdown of the businesses. The crippling economy, however, is being revived through collective efforts from the government as well as the industries and is expected to bounce back in the coming years.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Source:
https://www.fortunebusinessinsights.com/vehicle-electrification-market-102070
List of the Companies Operating in the Market:
Robert Bosch GmbH
Continental AG
Denso Corporation
Delphi Technologies PLC
Johnson Electric Holding Limited
Volkswagen
Toyota Motors Corporation
Honda Motors Co. Ltd
What does the Report Include?
The market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period.
The report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the market. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.
DRIVING FACTORS
Recent Advancement in Technology to Drive the Market
Depleting fossil fuels along with rising costs of petrol and diesel is propelling the demand for convenient substitutes such as electric vehicles. The rising consumer demand for hybrid vehicles is driving the manufacturers to introduce vehicles with advanced technologies. For instance, growing concerns regarding pollution caused by vehicles, and stringent government policies to limit vehicular emission has enabled the automakers to introduce the engine shut down system technology.
Whenever the vehicle halts at the traffic signal, the smart electric starter system instantly cuts off the fuel supply to the engine. This helps in the consumption of fuel and efficiently reduces fuel emission levels. Therefore, increasing adoption of recent technology advancement in vehicles is expected to favor the growth of the global vehicle electrification market in the forthcoming years.
REGIONAL INSIGHTS
Favorable Government Policies in Asia Pacific to Favor Growth
Among all regions, the market in Asia-Pacific is expected to witness significant growth and register highest global vehicle electrification market revenue during the forecast period. This is ascribable to factors such as favorable government policies such as tax exemption in the purchase of electric vehicle in countries such as India, China, and South Korea.
On the other hand, Europe is likely to hold second largest position in the market during the forecast period. This is ascribable to increasing adoption of advanced technologies and surging demand for hybrid vehicles in the region.
Read Related Press Releases By Fortune Business Insights™ :
https://www.fortunebusinessinsights.com/press-release/automotive-steering-system-market-9491
https://www.fortunebusinessinsights.com/press-release/electric-bus-market-9541
https://www.fortunebusinessinsights.com/press-release/automotive-seat-belts-market-9588
https://www.fortunebusinessinsights.com/press-release/automotive-lighting-market-9597
https://www.fortunebusinessinsights.com/press-release/fuel-cell-vehicle-market-9652
COMPETITIVE LANDSCAPE
Jaguar Land Rover Collaborating with Nordic Taxi Operator Cabonline to Aid Growth
In June 2020, Jaguar Land Rover announced its plan to collaborate with the Carbonline, the largest taxi operator in Nordic, to support the development of the world’s first high-powered wireless taxis in Oslo. The project, Electricity includes Forum Recharge, the city’s largest point operator, and the US technology developer, Momentum Dynamics. Together, the project is aimed at building a high-powered wireless charging infrastructure for taxis in Oslo.
Arild Hermstad, Vice Mayor of Oslo, says, “We are delighted to have private enterprises onboard to aid us in reaching our dream of electric mobility to conserve fuel and reduce emission by 95% before 2030.” According to Fortune Business Insights, the companies operating in the market are adopting strategies such as merger and acquisition, collaboration, introduction of new products, and partnership to maintain stronghold and gain major global vehicle electrification market share during the forecast period.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping   organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
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abhishek1bora1 · 4 years
Text
Amphibious Vehicle Market Developments & Key Challenges 2027
Final Report will add the Impact of COVID-19 Analysis on Amphibious Vehicle Industry:
The Global Amphibious Vehicle Market Size is expected to reach USD 4.98 billion by 2027, exhibiting a CAGR of 13.05% during the forecast period. The ongoing development of high-speed engines with lightweight capabilities by OEMs will spur lucrative opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Amphibious Vehicle Market Size, Share & Industry Analysis, By Platform (Commercial and Defense), By Mode of Propulsion (Screw Propellers, Water Jet, Track-based Propulsion, and Others), By Application (Surveillance and Rescue, Combat, Transportation, Sports, Excavation, and Others), and Regional Forecasts, 2020-2027” the market size stood at USD 2.66 billion in 2019
Source:
https://www.fortunebusinessinsights.com/industry-reports/amphibious-vehicle-market-101800
The coronavirus epidemic has caused severe damage to most of the established industries across the globe. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
We are continuously working on our data to relieve businesses in this critical time. Our expertise and capability can offer colossal benefits during the global pandemic.
The report on the amphibious vehicle market emphasizes on:
Latest market trends
All-encompassing study of all the regions
Comprehensive analysis of key players
Important factors boosting the market;
Crucial factors impeding the market
Market Driver:
Increasing Demand for Military Applications to Bolster Growth
The high demand for electric propelled amphibious vehicles in commercial applications such as sports activities, mountain climbing, exploration activities, and others will enable speedy expansion of the market during the forecast period. The growing awareness regarding the benefits of amphibious vehicles such as high durability, advanced electronic systems, and high endurance has increased its demand in military applications. Moreover, the rising technological advancement has led to the development of interconnected combat vehicles with innovative features including advanced remote turrets, fire control systems, active protection systems, and counter survivability. Thus, the increasing marine threats and counter-attack strategies will spur demand for the market during the forecast period. Also, the agreement and contracts in the military to consolidate marine domain with advanced technology-based amphibious combat vehicle (ACV) will simultaneously uplift the amphibious vehicle market share in the forthcoming years. For instance, in 2020, the U.S. Marine Corps (USMC) signed a contract with a leader in advanced combat vehicles, BAE Systems for the supply and distribution of 116 advanced ACVs incorporated with ammunitions, command and control systems, medium caliber turret, and recovery versions
Market Restrain:
High Maintenance Cost to Thwart Market Expansion
The maintenance cost of combat vehicles is extremely high, which can consequently hinder the growth of the market during the forecast period. Similarly, the lack of availability and accessibility of spare components can be a major hindrance to the growth of the market. The additional cost involved in the integration of accessories such as safety equipment, fire protection system, payloads owing to the requirement for transportation of troops from ship-to-shore in the defense sector will simultaneously hamper the growth of the market.
Read the Detailed Press Release from Fortune Business Insights™:
https://www.fortunebusinessinsights.com/press-release/amphibious-vehicle-market-10079
Key Development:
July 2018: BAE Systems, a British multinational defense, security, and aerospace company signed an agreement for USD 84 million to produce 36 Assault Amphibious Vehicles for Taiwan. Thus, boosting the marine domain of Taiwan.
Key Players:
BAE Systems plc (The U.K.)
EIK Engineering Sdn. Bhd. (Malaysia)
General Dynamics Corporation (The U.S.)
Griffon Hoverwork Ltd. (GHL) (The U.K)
Hanjin Heavy Industry Co. Ltd. (South Korea)
Lockheed Martin Corporation  (The U.S.)
Science Applications International Corporation (SAIC)  
Wetland Equipment Company, Inc (The U.S.)
Wilco Manufacturing LLC (The U.S.)
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US:+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
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abhishek1bora1 · 4 years
Text
Automotive V2X Market Size, Industry Analysis, Scope, Type, Application, and Region Analysis Till 2020
The automotive V2X market size is expected to reach USD 10,318.3 million by 2027, exhibiting a CAGR of 52.4% during the forecast period. The transformation in the automotive industry can be a vital factor in providing impetus to the market during the forecast period. Similarly, the constant efforts of OEMs to enhance in-vehicle user-experience will bolster healthy growth of the market in the forthcoming years, states Fortune Business Insights, in a report, titled “V2X Market Size, Share & Industry Analysis, By Connectivity Type (DSRC and Cellular), By Vehicle Type (Passenger Car and Commercial Vehicle), By Communication Type (Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V), Vehicle-to-Pedestrian (V2P), and Others), and Regional Forecasts, 2020-2027” the market size stood at USD 354.0 Million in 2019
Source:
https://www.fortunebusinessinsights.com/automotive-v2x-market-103320
The coronavirus occurrence has caused enormous damage to numerous countries around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.
The automotive V2X market emphasizes:
All-inclusive study of all the segments
Useful data and figures
Thorough knowledge regarding industry players
Progressing developments in the industry
Market Driver:
Inflated Demand for Self-driving Cars to Aid Market Expansion
The market is primarily driven by the rapidly progressing automotive industry. The growing demand for semi-autonomous cars with advanced driver assistance systems will have a tremendous impact on the global market during the forecast period. Moreover, the increasing efforts of numerous manufacturers towards the development of high-end self-driving cars with enhanced control will simultaneously foster healthy growth of the market. The growing development of complex passenger & commercial vehicles with numerous features such as blind-spot detection, intelligent parking assistance, emergency Braking, and more will spur the demand of the market in the near future.
Moreover, the growing emphasis on eco-friendly cars, equipped with smart transportation management minimal and adaptive cruise control will significantly boost the growth of the market in the forthcoming years. In addition, the increasing technological advancement in vehicle-to-Infrastructure (V2I), and Vehicle-to-vehicle (V2V) communications will create lucrative opportunities for the market in the foreseeable future.
Browse Official Press Release By Fortune Business Insights™:
https://www.fortunebusinessinsights.com/press-release/low-speed-vehicle-market-10031
Market Restraint:
COVID-19 Outbreak to Hamper Market Growth
The coronavirus outbreak has negatively impacted the global market. The shutdown of manufacturing plants along with the decline in customer footfalls at showrooms has destructively hindered the global market.
The implementation lockdown by several countries has led to drop-in automobile sales, which, in turn, will thwart the growth of the market during the forecast period. In addition, fast track strategies and efforts by key manufactures to overcome the mammoth loss can help recover the damage caused during the pandemic, which in turn, will reinforce the supply chain and accelerate the market.
Regional Analysis:
Presence of Major OEMs to Augment Growth in North America
The market in North America is expected to witness a high growth rate during the forecast period owing to the presence of major manufactures in the region. The growing production of luxury vehicles in the US will have a positive influence on the market in the region. Europe is expected to witness a substantial growth rate in the forthcoming years due to the existing V2X manufacturers in the region.
The growing adoption of autonomous and semi-autonomous vehicles will further enhance the market potential in European countries such as Germany, France, England, and others. Asia Pacific is predicted to rise excellently in the forthcoming years. The growth in the region is attributed to the rapid expansion of the automotive industry in the region.
Key Development:
2018: Savari announced that it has signed an agreement with 5GAA, BMW Group, Ford, Groupe PSA, and Qualcomm for the first European demonstration of C-V2X direct communication interoperability between multiple automakers.
The Report Lists the Main Companies in the V2X Market:
Delphi Automotive PLC
Continental AG
Infineon Technologies AG
Qualcomm Inc.
Cohda Wireless Pty
Arada Systems Inc
Savari Technologies Pvt. Ltd.
Kapsch TrafficCom
eTrans Systems
Denso Corporation
AutoTalks Ltd.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US:+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
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abhishek1bora1 · 4 years
Text
Automotive Chassis Market set to witness surge in demand over the forecast period of 2020-2020
The global automotive chassis market is anticipated to gain momentum from the increasing development of technologically advanced automotive chassis by prominent companies. This information is published by Fortune Business Insights™ in a new report, titled, “Automotive Chassis Market Size, Share & Industry Analysis, By Type (Ladder, Monocoque, Compact Modular, Modular), By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle) and Regional Forecast, 2020-2027.” The report further mentions that the automotive chassis market size was USD 73.16 billion in 2019 and is projected to reach USD 103.48 billion by 2027, thereby exhibiting a CAGR of 4.4% during the forecast period.
COVID-19: Disruptions in Supply Chains to Slow Down Growth
The automakers around the globe have shut down their factories owing to the stringent lockdown and social distancing measures implemented by the governments of various countries amid COVID-19. This has also disrupted supply chains as most of the significant components and automotive parts were imported from China. We are providing in-depth reports with accurate information about the current scenario.
Source:
https://www.fortunebusinessinsights.com/industry-reports/automotive-chassis-market-101581
This Report Answers the Following Questions:
What are the challenges and opportunities in the global market?
Which segment is set to dominate the market in terms of share?
What are the market growth drivers, dynamics, and obstacles?
Which region is expected to lead the market in terms of revenue?
Drivers & Restraints-
Increasing Development of Novel Software & Tools to Boost Growth
The automotive sector is in the phase of transition owing to the high demand for alternative fuel vehicles and electric vehicles. People are nowadays shifting from conventional vehicles equipped with internal combustion engines. This has generated a high demand for extensive research and development activities for the development of novel automotive chassis. Hence, manufacturers are using innovative software solutions and tools to design processes, such as artificial intelligence (AI), advanced computer-aided engineering, and additive manufacturing. However, as the composite materials are costly, automotive chassis are also expensive. This factor may hamper the automotive chassis market growth in the coming years.
Segment-
High Demand from Developing Countries to Favor Growth of Passenger Car Segment
Based on vehicle type, the passenger car segment is set to generate the highest automotive chassis market share in the coming years. This growth is attributable to their rising production because of the high demand from the developing economies.
Regional Analysis-
High Demand for Fuel-efficient Vehicles to Drive Growth in North America
Regionally, Asia Pacific earned USD 41.01 billion in terms of share in 2019. The region is anticipated to dominate the market owing to the high demand for vehicles in China and India. Also, the increasing demand for high-quality and durable automotive chassis structures would aid growth in this region. North America, on the other hand, is expected to remain in the second position backed by the rising need of lightweight and fuel-efficient commercial vehicles.
Competitive Landscape-
Key Players Focus on Acquiring Funds from Investors to Gain Competitive Edge
The market consists of a large number of prominent automotive chassis manufacturers that are striving to gain a competitive edge by generating funds from investors, as well as by introducing new products. Below are two latest industry developments:
August 2020: Motiv Power Systems secured an additional fund of USD 15 million from MAG Holdings Corp to scale up its manufacturing operations and to develop automotive chassis & software systems.
August 2020: Scuderia Ferrari is set to install a new chassis on Sebastian Vettel’s SF1000. It will be a part of the Spanish Grand Prix. This is happening because the vehicle was damaged during the Silverstone race.
Fortune Business Insights™ lists out the names of all the renowned automotive chassis manufacturers operating in the market.
They are as follows:
ZF Friedrichshafen AG (Germany)
Schaeffler Group (Germany)
Continental AG (Germany)
Aisin Seiki (Japan)
CIE Automotive (Spain)
Magna International (Canada)
Hyundai Mobis (South Korea)
Tower International (United States)
Benteler (Germany)
Other Players
Read a Detailed Press Release:
https://www.fortunebusinessinsights.com/press-release/automotive-chassis-market-9316
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
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abhishek1bora1 · 4 years
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abhishek1bora1 · 4 years
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The global Flight Simulator market is expected to gain momentum from the increasing adoption of virtual reality (VR) and augmented reality (AR) by the airlines to train their cabin crew and flight deck crew. This information is given by Fortune Business Insights™ in a recent study, titled, “Flight Simulator Market Size, Share and Industry Analysis By Type (Full Flight Simulator, Flight Training Devices, Fixed Based Simulator, and Full Mission Simulator), By Platform (Fixed Wing Simulator, Rotary Wing Simulator, and UAV Simulator), By Application (Commercial, and Military), and Regional Forecast, 2020- 2027.” The study further states that the Flight Simulator market size was USD 5.90 billion in 2019 and is projected to reach USD 8.01 billion by 2027, exhibiting a CAGR of 5.20% during the forecast period (2020-2027).
Several industries are currently facing huge losses because of the emergence of the COVID-19 pandemic. As the production processes have come to a standstill, there are shortages of products worldwide. But, we will be able to overcome this situation by cooperating with the regulatory bodies. Our reports are specially curated to help you regain business confidence and, thereby generate more sales.
This Report Answers the Following Questions:
What are the market drivers, dynamics, and obstacles?
Which companies are set to lead the market in the coming years?
How will the key companies manage to cope up with COVID-19 pandemic?
Would the advanced Flight Simulators help in training crews?
Drivers & Restraints-
Demand for Additional Flight Frequencies to Propel Growth
The increasing air passenger traffic is set to boost the aircraft simulator market growth in the coming years. The International Air Transport Association (IATA) mentioned that the number of air passengers would surge up to 4.2% by 2027. Currently, it is 4.8 billion and this surge would add approximately 1.6 billion passengers. Therefore, the demand for commercial pilots and additional flight frequencies to lower the extra loads would affect the market positively. In 2019, a few prominent companies, including Airbus S.A.S. declared that by the year 2028, more than 39,000 new aircraft will begin operating worldwide. However, several unique technologies are used in Flight Simulators. They are expensive in nature. This factor may hamper the market growth in the near future.
Will the COVID-19 Pandemic Affect the Market Severely?
The airlines industry is considered to be main reason behind the rapid spread of the coronavirus infection.
To lower the spread, many countries have halted their rail and air transports.
The International Air transport Association (IATA) mentioned that an estimated loss of USD 314 billion is set to occur in 2020 in the global airlines industry. It refers to the decline of approximately 55% revenue.
Segment-
Military & Defense Segment to Grow Rapidly Owing to Need of Training Soldiers
In terms of application, the market is bifurcated into military & defense and commercial. Out of these, the commercial segment procured 59% Flight Simulator market share in 2019. The military & defense segment is set to grow at the fastest rate during the forthcoming years backed by the increasing usage of Flight Simulator systems in this sector for the training of personnel, including the Air Force, Navy, and Military. The simulators are mainly used to train them to drive various vehicles, such as transport aircraft, tankers aircraft, helicopters, ships, aircraft carriers, and tanks.
Regional Analysis-
North America to Lead Backed by Presence of Various Industry Giants
In 2019, North America procured USD 2.13 billion in terms of revenue. It is set to remain in the leading position throughout the forecast period stoked by the presence of several reputed Flight Simulator system manufacturers in this region. Europe, on the other hand, is expected to remain in the second position owing to the existence of numerous aircraft, as well as flight simulator manufacturers in this region. Asia Pacific is anticipated to showcase robust growth in the coming years fueled by the increasing demand for commercial aircraft from the countries, such as China, India, and Indonesia.  
Competitive Landscape-
Key Players Focus on Acquisitions & Facility Openings to Gain Competitive Edge
The market is fragmented with a large number of renowned companies. They are mainly focusing on mergers and acquisitions, as well as opening of new facilities to broaden their geographic footprint and gain more consumer bases.
September 2019: Alpha Aviation Group (AAG) announced the opening of its Simulator Training Center Expansion Project. It is worth USD 11 million and is a part of the AAG academy situated in Philippines. It would include four additional simulator bays.
January 2018: Airbus SE successfully acquired a privately held flight training center named Strategic Simulation Solutions (SSS). The latter is based in Denver. This new deal would aid Airbus in boosting its profits and broadening its product offerings.
Fortune Business Insights™ presents a list of all the Flight Simulator providers operating in the global market.
They are as follows:
Thales Group (France)
CAE (Canada)
Boeing Company (US)
Collins Aerospace (US)
FlightSafety International (US)
L-3 Communications (US)
Raytheon Company(US)
Precision Flight Controls (US)
SIMCOM Aviation Training (US)
Frasca International (US)
TRU Simulation + Training (US)
Source:
https://www.fortunebusinessinsights.com/aircraft-simulator-market-102592
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abhishek1bora1 · 4 years
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Glyphosate is a derivative of amino acid glycine and has low toxicity content. It is an organophosphorus compound and a harvest desiccant that provides negligible herbicidal activity in the soil and is used for crop production.
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abhishek1bora1 · 4 years
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Silicone is a high performance polymer that comprises of siloxanes. It is prepared by hydrolysis of dimethyldichlorosilane.
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abhishek1bora1 · 4 years
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abhishek1bora1 · 4 years
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abhishek1bora1 · 4 years
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Electric Vehicle Market to Expand Owing to Increasing Adoption of Electric Vehicles in Developing Economies, predicts Fortune Business Insights™
Final Report will add the Impact of COVID-19 Analysis on Electric Vehicle Industry:
An electric vehicle (EV) basically consists of an electric motor, instead of an internal-combustive engine, that propels the vehicle on the road. The global electric vehicle market size will expand significantly owing to increasing adoption of electric vehicles by several economies. Fortune Business Insights, predicts positive growth for the market through its upcoming report, titled “Electric Vehicle (EV) Market Size, Share & Industry Analysis, By Type (Battery Electric Vehicles (BEV), Plug-In Hybrid Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV), and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), and Regional Forecast, 2019-2026.”
 Get Sample PDF Brochure with Impact of COVID19:
https://www.fortunebusinessinsights.com/industry-reports/electric-vehicle-market-101678
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abhishek1bora1 · 4 years
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Paint protection film commonly called as clear bra, clear mask, clear wrap, and invisible shield is a transparent film composed of three layers.
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