Procurement as a Service Market is Likely to Reach a Valuation of US$13.3 Bn by the end of 2032 | FMI

The Procurement as a service market was valued at US$ 6.7 Bn in 2022 and is expected to reach a valuation of US$ 13.3 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the Strategic Sourcing component grew at a CAGR of 7% during 2022-2032.

Strategic sourcing is a process that increases efficiencies across all spend categories, reduces supply risks through enhanced supplier selection, and improves pricing and forecasting visibility.

US Continue to dominate the procurement as a service market

The procurement as a service market in the US was valued at around US$ 2.2 Bn in 2021 and is estimated to reach a valuation of US$ 2.4 Bn in 2022, According to a research report published by ISG Provider Lens the covid-19 pandemic has accelerated the adoption of procurement as a service among the public sectors in US.

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The pandemic has shown the drawbacks of the traditional procurement process, which paced the demand for the digital transformation of the procurement process in the public sector.  Many public sector organizations are using procurement as a service to increase efficiency and predictability of expenses of their procurement process which is expected to drive the market in the US. The procurement as a service market in the US has projected to reach a valuation of US$ 4.7 Bn by 2032.

 “Procurement as a service provider are introducing AI, and machine learning to improve the procurement services” comments an analyst at Future Market Insights.

Procurement as a Service Market: Competition Insights

Procurement as a Service providers are performing merger and acquisition strategies to gain expertise and market share. The key companies operating in the procurement as a service market include Accenture, Infosys, GEP, Genpact, Proxima, WNS Denali, Capgemini, IBM, Wipro, HCL Technologies, Tata Consultancy Services(TCS), Xchanging, Aegis Components Inc., Corbus LLC, Bain & Company, CA Technologies, Hewlett Packard Enterprise Development LP, Skybox Security Inc, Palo Alto Networks, Inc and Cisco Systems, Inc.

Some of the recent developments by key providers of procurement as a service are as follows:

  • In May 2022, Bain & Company acquired Proxima, wherein the latter’s expertise in the procurement and supply chain sectors will improve Bain & Company’s existing procurement solutions portfolio. Proxima will operate independently under Bain & Company service line.
  • In February 2022, Bain & Company acquired ArcBlue, a leading procurement consulting across Asia Pacific region. ArcBlue will operate independently as Bain’s special procurement implementation service line. The acquisition will strengthen Bain’s existing procurement offerings and improve its operation in Asia Pacific.
  • In November 2021, Accenture acquired ClearEdge Partners, a firm focusing on procurement spend management. The acquisition will help Accenture to extend its expertise to help clients generate cost savings and gross more value form its existing IT investments.
  • In November 2021, Accenture and Icertis announced a strategic partnership that combines the latter’s Icertis Contract Intelligence (ICI) and Accenture’s digital transformation capabilities, which will help the clients to get better visibility into their contracts and help them to manage risks and the contracting process more effectively and efficiently.
  • In November 2021, WNS launched WNS FINSIBLE a set of banking solutions enabling FinTechs to efficiently streamline, manage and scale operations. FINISBLE provides an entire end-to-end value chain of the banking process, including deposits and payments, lending, risk& compliance customer service and advisory services. The offering is customizable and scalable to address the need of FinTech clients regardless of their operational maturity.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Procurement as a Service Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Procurement as a Service Market in terms of Component (Strategic Sourcing, Spend Management, Contract Management, Category Management, Process Management, Transactions Management) By Organization Size (Large Enterprises, Small and Medium Sized Enterprises) By Vertical (Manufacturing, Retail and consumer packed goods, Banking, Financial Services, and Insurance, IT and Telecom, Energy and Utilities, Healthcare, Travel and Hospitality, Others), across five regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).

Key Segments Covered in Procurement as a service Industry Survey

Procurement as a Service Market by Component:

  • Strategic Sourcing
  • Spend Management
  • Contract Management
  • Category Management
  • Process Management
  • Transactions Management

Procurement as a Service Market by Organization Size:

  • Large enterprises
  • Small and Medium-sized Enterprises (SMEs)

Procurement as a Service Market by Vertical:

  • Manufacturing
  • Retail and consumer packaged goods
  • Banking, Financial Services, and Insurance (BFSI)
  • IT and Telecom
  • Energy and Utilities
  • Healthcare
  • Travel and Hospitality
  • Others (government, and media and entertainment)

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Procurement as a Service Market by Region:

  • North America Procurement as a Service Market
  • Latin America Procurement as a Service Market
  • Europe Procurement as a Service Market
  • Asia Pacific Procurement as a Service Market
  • Middle East & Africa Procurement as a Service Market

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Water Proof E-Scooter Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2032

The waterproof eScooter market is expected to escalate at a CAGR of 5.0% from US$ 5,106.2 Mn in 2022 to US$ 8,329.4 Mn by 2032.

The COVID-19 pandemic had an adverse influence on the waterproof eScooter market share. Due to imposed lockdowns and strict regulations to stay inside the home, and a reduction in consumer spending on non-essential items, the sales of waterproof eScooter decreased.

According to FMI analysts, more than 71% of eScooter models have water resistance ratings. (This is an increase from 40% in 2021). It’s crucial to note, however, that the level of protection provided by these classifications varies. Due to these characteristics, the sales of waterproof eScooter are on the rise.

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During the forecast period, sales of waterproof eScooter are expected to grow at the fastest rate. Higher performance (both speed and range), a stronger stem clamp, 4th generation frame, updated multi-switch, turn signals, motorcycle-grade horn, a footrest that acts as a grip, and a large rubber deck are some of the features of an ideal waterproof eScooter.

Due to these features, the waterproof eScooter market statistics are predicted to improve between 2022 and 2032. In response to the rising demand for waterproof eScooter, electric scooter manufacturers are focusing on launching powerful and durable eScooters.

Some eScooters have a top speed of 62 mph, which puts them on a level with ultra-high-performance cars and propels the demand for waterproof eScooters.

Another factor that fuels the sales of waterproof eScooter is the convenience it provides to the customers. A waterproof eScooter like Dualtron Thunder 2 provides a massive battery with more range than people require (106 miles maximum and 60 miles).

Furthermore, the battery is made up of high-quality cells, which are efficient due to their high energy density, resulting in the growing demand for waterproof eScooters.

Multinational companies (like Xiaomi, Ninebot, and Aovo) are providing multiple waterproof eScooters that provide users with a variety of options. This is anticipated to boost the sales of waterproof eScooter and waterproof eScooter market revenue growth in the forecast period.

The rapidly changing climate and increasing fuel costs are moving the waterproof eScooter share forward.

On the other hand, waterproof is a technical term with a fairly tight definition, which no electric scooter on the waterproof eScooter market today fully meets. This is a major factor restraining the growth of the waterproof eScooter market size.

Even the most water-resistant scooters are still simply water-resistant, and while most of them can handle some riding in the rain or snow and won’t suffer water damage very often, they are not strictly waterproof. The demand analysis of the waterproof eScooter market suggests that customers require a scooter that is 100% waterproof and can travel longer distances.

Water damage is almost never covered by any electric scooter warranty policy, which is an essential distinction both for how you should operate your waterproof eScooter and what will be covered by its guarantee.

As a result, demand for waterproof eScooter is majorly propelled by advertisements and marketing campaigns that reflect the latest current trends. Furthermore, a variety of factors such as celebrity opinions and favorable mentality of gen z customers have pushed buyers to embrace their image, thus the sales of waterproof eScooter.

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KEY TAKEAWAYS:

  • By type, two wheel category is expected to lead the waterproof eScooter market during the forecast period.
  • By IP rating, IP65 category dominated the waterproof eScooter market, due to its durability to last in every climate.
  • During the forecast period, the OEM segment is expected to dominate the waterproof eScooter market.
  • With the rising popularity of waterproof eScooters and increased spending on waterproof eScooter, the United States leads the market.
  • China waterproof eScooter market is forecast to grow at a highest CAGR of 18.7 during the forecast period.
  • Japan waterproof eScooter market is expected to develop rapidly in the global waterproof eScooter industry with a CAGR of 13.5% from 2022 to 2032.

COMPETITIVE LANDSCAPE:

Key companies profiled in the waterproof eScooter market report include Xiaomi Corporation, Voro Motors, Segway, Apollo Scooters, GOTRAX, Aovopro , INOKIM, and KAABO.

Many players in the waterproof eScooter market are focusing on launching stores in several countries as part of a joint venture strategy to expand their global reach. To extend their market share, leading market players are focused on various growth strategies such as research and development, mergers and acquisitions, and the launch of new waterproof eScooters.

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By Product Type:

  • Unicycle
  • Two Wheeler
  • Three Wheeler

By Wattage:

  • Up to 250 Watt
  • 250 to 450 Watts
  • 450 to 700 Watts
  • Above 700 Watts

By Battery Health:

  • Healthy
  • Good
  • Bad
  • Worst

By Distribution Channel:

  • OEM
  • E-Commerce
  • Others

By Type:

  • Lithium Ion Battery
  • Sealed Lead Acid Batteries
  • Nickel Metal Hydride Batteries
  • Others

By Regions:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America

RECENT DEVELOPMENT:

Partnerships, Product Launches, Collaborations, and Agreements:

  • Xiaomi released the Mi Electric Scooter Pro 2 in 2021. It’s a customized Mercedes-AMG Petronas F1 Team Edition with a top speed of 25 km/h and a range of 45 kilometers.
  • In 2022, Aovo launched Aovo M365. It has a large and intelligent battery of 10.4 AH and a 350 W motor. Its brushless motor is one of its distinguishing features. This motor may easily allow your M365 Pro to go 30 to 35 kilometers after charging it 100 percent.

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Automotive Gudgeon Pin Market : to grow with year on year growth of 4.3% in 2022 reaching value of about US$ 3,149.4 Mn by 2022 end. The global industry is projected to observe a significant CAGR of 5.0% by value during the period of 2022 and 2027.

Aircraft Tube and Duct Assemblies Market : is slated to top US$ 1.3 Bn in 2022. Increasing investments in aircraft maintenance across the globe will boost sales at a steady 4.40% CAGR, with the market valuation reaching US$ 1.7 Bn in 2030.

Automotive Cylinder Liner Market : to grow with a year over year growth of 3.4% in 2021 reaching a value of about US$ 4,573.1 Mn by 2021 end.

Automotive Control Cable Market : is estimated to exceed US$ 2.5 Bn by 2022. The demand in the global automotive control cable market is expected to create an absolute dollar opportunity of nearly US$ 3.4 Bn through 2029, growing at a CAGR of 4.6% over the forecast period 2022-2029.

ADAS Sensors Market : is slated to top US$ 15 Bn in 2022. Increasing preference for enhanced driver comfort and safety in passenger vehicles is expected to boost sales at an impressive 14.1% CAGR over the forecast period, with the market valuation reaching US$ 43.2 Bn in 2030.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
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Household Care Wipes Market is Expected to Reach US$ 7.8 Billion in 2032

The Household Care Wipes Market is expected to reach US$ 7.8 Bn in 2032, growing at a CAGR of 6.2% during the forecast period 2022-2032.

Nowadays, the basic need for cleanliness is high among people, worldwide. Thus, there has been a significant increase in the demand for household cleaning products, globally. The growth of such household care products in the market is evident with their popularity among consumers.

The appeal of household care products among consumers is primarily driven by convenience, disposability, and ease of use to clean surfaces all around the home. Household care wipes are one such product that offers hygiene and allows the consumer to perform daily tasks in significantly less amount of time.

Companies in the household care wipes market are providing a variety of products for both, regular and scrubbing surfaces. Moreover, companies are adopting advanced wipe technology to offer convenient solutions, along with developing a botanical alternative to conventional household care wipes for their end-use customers, globally.

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The rapidly growing hygiene trend, new product launches, increasing demand for all-purpose disinfectant household care wipes, steadily growing digital platforms to distribute products directly to end-use consumers, and companies expanding their eco-friendly cleaning product lines by introducing biodegradable cleaning wipes are the main factors that are expected to shape the growth of the household care wipes market in the coming years.

Additionally, retailers are increasingly launching their brands to stand out from the competition in the quest of being a powerful brand differentiator. Also, the rising emphasis on do-it-yourself and the growing demand for clean label products when it comes to cleaning with a substance made from recyclable chemicals and renewable resources are some other factors expected to fuel the growth of the household care wipes market during the forecast period.

However, green household care wipes are more expensive as compared to the conventional products available in the market, owing to the high cost of technology needed to develop green label household care wipes, which may hinder the growth of the household care wipes market during the forecast period.

Household Care Wipes Market: Key Players

Some of the key players operating in the global household care wipes market are The Clorox Company, Procter &?Gamble Corporation, Weiman Products, LLC, Colgate-Palmolive Company, Seventh Generation, Rockline Industries, Amway, Nice-Pak Products, Inc., S. C. Johnson & Son, Inc., Method Products, pbc, Reckitt Benckiser Group PLC, 3M Company, and others.

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Household Care Wipes Market: Key Developments

Over the last few years, various companies have introduced novel and eco-friendly household care wipes for all the major cleaning categories based on natural fibers and compostable. For instance, a San Francisco, CA-based company has introduced floor cleaning cloth developed from polylactic and bamboo to meet the growing demand for eco-friendly products among consumers.

Changing consumer buying behavior, growing brand loyalty among consumers, and various brands in the household care wipes are adopting marketing strategies such as the use of celebrities to endorse their brand to attract new consumers are some of the leading factors driving the growth of the global household care wipes market.

Moreover, other factors such as consumers demanding products that have a value proposition to them over other cleaning methods, and the growing trend of a green environment among consumers to minimize landfills are expected to contribute to the growth of the household care wipes market during the forecast period.

Opportunities for Market Participants

The growing demand for nonwovens used in a multitude of household applications such as household care wipes, cleaning products, floor care wipes, wall-coverings, flooring, and others to impart an appealing touch to the home are factors, due to which, household care wipes market revenue is expected to grow at a rapid growth rate over the forecast period.

Similarly, consumers of household care wipes are opting for private label products. Moreover, e-Commerce is a vital platform that is expanding at an unprecedented rate across the globe. People from every age group are shopping from different online stores to buy products immediately, which is the primary factor creating an opportunity for various companies dealing in household cleaning products to go digital so as to expand their market footprints.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.

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The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Household Care Wipes Market
  • Competition & Companies Involved in the Household Care Wipes Market
  • Technology
  • Value Chain
  • Market Drivers and Restraints of the Household Care Wipes market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Used E-Scooter Market Overview by Top Players, Regions, Segments, Demand and Forecast till 2032

As per the study at FMI, the used E-Scooter market was valued at US$ 671.2 million in 2022 and is expected to reach US$ 919.7 million by 2032, growing at a 3.2% CAGR.

People are turning towards electric vehicles as they help with environmental concerns, technological integrations and new fuel and cost-friendly prospects, fuelling the sales of used e-scooter in new regions.

Expanding components of electric vehicles and structuring the basic transmission of e-scooters are shaping the trends for the used e-scooter market.

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Aggressive pricing and cashback discounts coupled with online platforms coming up with wide segmentation that gives the end-user an enlarged analysis of the products that are industry-specific, fuelling the demand for used e-scooter in multiple regions.

Manufacturers are integrating with innovative platforms like Artificial Intelligence, Machine learning, and the internet of things (IOT), making the vehicles more advanced and futuristic.

Lucrative government schemes around electric vehicles, including e-scooters, providing subsidies to the end users also flourishes the used e-scooters market, helping the used e-scooter market expand its roots in the new regions.

The Used E-Scooter market has also been adversely impacted through the spread of the coronavirus as the manufacturing and research & development programs were shut, and the retail agencies along with showrooms have not been functional.

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KEY TAKEAWAYS:

  • Asia pacific is one of the highest growing regions for used E-Scooter market as developing country like India is booming at the CAGR 12.8% between 2022-2032while Brazil thrives at a CAGR of 9.5% through 2032.
  • Europe also share its fare amount of share in the used e-scooter market as European countries pledge to limit their carbon emissions. Governments run awareness initiatives so that citizens adopt electric vehicles. This drives more traction for used e-scooter market.
  • Lithium-ion battery is the biggest segment in the battery type category of used e-scooter market and will be the largest portion in the forecast period, owing to factors like high-performance delivery, longer shelf life and easy installation.
  • The two-wheeler segment is the largest segment and will hold the biggest portion of the market in the forecast period, attributed to the factors like common and popular use, easy availability and better price ranges coupled with new integrated technologies.
  • Vehicle manufacturers keep on experimenting with their designs and technology in order to attract the new set of customers, expanding the used e-scooter market.

COMPETITIVE LANDSCAPE:

Some of the used E-Scooter market players profiled in the FMI’s study are xiaomi corporation, glion, voro motors, segway, Apollo scooters, GOTRAX, INOKIM, KAABOO, Razor, Hover and Bird.

Key Segments

By Type:

  • Unicycle
  • Two Wheel
  • Three Wheel

By Wattage:

  • Up to 250 Watt
  • 250 to 450 Watts
  • 450 to 700 Watts
  • Above 700 Watts

By Battery Health:

  • Healthy
  • Good
  • Bad
  • Worst

By Distribution Channel:

  • OEM
  • E-Commerce

By Battery Type:

  • Lithium Ion Battery
  • Sealed Lead Acid Batteries
  • Nickel Metal Hydride Batteries

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Recent Developments

  • Voro motors have put its new set of refurbished electric scooters on sale including its latest EMOVE cruiser series, Dualtron and Wolf King with multiple battery options. This pushes the demand for used e-scooter market.
  • Razor has introduced its used e-scooter series including Eco smart metro and SUP with E300 and E100. This pushes the sales of used e-scooter in the new regions.

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Automotive Window Regulator Market : is projected to increase at a robust 4.5% CAGR between 2021 and 2031. Future Market Insights (FMI) forecasts the market value to top US$ 13.7 Bn in 2021.

Automotive Steering System Market :  is projected to total US$ 23.2 Bn in 2022. With sales growing at a healthy 4.6% CAGR, the market size is projected to total US$ 33.3 Bn by 2030.

Automotive Exterior Trim Parts Market : which accounts for a net worth of US$ 21.03 Bn at present, is estimated to surge to a valuation of US$ 30.34 Bn by the end of 2030.

Automotive In-Wheel Motors Market : to grow with YOY growth of 38.0% in 2022 reaching value of about US$ 2,127.5 Mn by 2022 end. At the end of 2021, global automotive in-wheel motor sales were estimated to be worth roughly US$ 1,541.4 Mn. By 2027, the market is expected to grow at a 38.0% CAGR, reaching a valuation of US$ 10,650.2 Mn.

Automotive Load Floor Market : size was valued at US$ 1.9 Bn in 2021. Increasing sales of electric vehicles and passenger automobile across the globe are expected to boost demand at a 5% CAGR, pushing the market size to US$ 3.3 Bn in 2032.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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Sales Prospects In The Palletizing Robots Industry Are Expected To Expand At A Healthy 5.0% CAGR From2022-2032

In 2022, the market for palletizing robots is projected to be worth US$1,476.8 Mn. Sales growth in the market is anticipated to reach US$ 2,405.5 Mn by 2032 at a healthy 5.0% CAGR. The introduction of automation and robotics in the packaging industry and other sectors is credited with driving market growth.

Pallet wrapping functions are an important part of the packaging line workflow before the product is transported and distributed to different locations. As a result of advancements in the field of robotics, more advanced forms of palletizing robots have emerged, capable of lifting heavy weights and even products from greater heights due to their long arms.

In addition, hybrid palletizing robots with a simple user interface and operation, as well as being cost effective and efficient, have been developed. These hybrid palletizing robots are capable of handling delicate products as well as performing complex tasks. Palletizing robots that can operate at high speeds while maintaining high quality are becoming more common as technology in this field advances.

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4 Forecast Highlights on Global Palletizing Robots Market

  • As per the forecast of Future Market Insights, the bag palletizing segment is slated to touch a value of more than US$ 600 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. The bag palletizing segment is estimated to account for more than one-third of the revenue share of the machine type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
  • As per the forecast of Future Market Insights, the pharmaceutical segment will reach a value of about US$ 96 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The pharmaceutical segment is forecasted to account for more than one-tenth of the total revenue share of the end use type segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
  • As per the forecast of Future Market Insights, the consumer products segment is slated to reach a value of about US$ 350 Mn in 2022. The consumer products segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the APEJ region in the consumer products segment.
  • Future Market Insights forecasts the China palletizing robots market to exhibit a compound annual growth rate (CAGR) of nearly 16% from 2017 to 2022.

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The report has also included the profiles of some of the leading companies in the palletizing robots market like KUKA AG, DAN-Palletiser AS, ABB Limited, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Brenton, LLC, Fanuc Corporation, Remtec Automation, LLC, YASKAWA Electric Corporation and Krones AG.

Market Segmentation: 

Machine Type:

  • Case Palletizing
  • Bag Palletizing
  • De-palletizing

End Use Type:

  • Food & Beverages
  • Pharmaceutical
  • Consumer Products
  • Tracking and Logistics
  • Industrial Packaging

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific excluding Japan
  • Middle East and Africa

Read More:

https://www.dostaapka.com/read-blog/80655

https://society4gamers.com/blogs/56959/Covid-19-Impact-On-Laser-Welding-Market-Research-Report-2022

https://chatopia.org/blogs/48284/Laser-Welding-Market-Latest-Research-Industry-Analysis-Driver-Trends-Business

https://tokemonkey.com/read-blog/63362

https://princepawar0.blogspot.com/2022/09/laser-welding-market-worldwide-industry.html

Hybrid E-Scooter Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

During the projection period of 2022 to 2032, the hybrid E-scooter market is expected to develop at a modest CAGR of 3.9% through 2032.

The worldwide hybrid E-scooter market is expected to be worth around US$ 3692.4 Million by the end of 2032, up from a net worth of US$ 2518.6 Million in 2022.

The worldwide impact of COVID-19 on hybrid E-scooter market growth has been unprecedented and devastating, causing myriad disruptions, with demand for hybrid E-scooter suffering across all areas as a result of the epidemic.

The high increase in CAGR is due to the demand for hybrid E-scooter and hybrid E-scooter adoption trends, which will revert as COVID-19 appears to be moving to endemicity levels. Therefore we may witness a flood of investment into projects to decarbonize and renew critical infrastructure.

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During the projection period, the growing demand for fuel-efficient automobiles, along with growing concerns about greenhouse gas and carbon emissions, is expected to increase the adoption of hybrid E-scooter and surge the hybrid E-scooter market opportunities.

The initial cost of a hybrid E-scooter is higher than that of a gas-powered one. However, rising social distancing awareness has resulted in a boom in demand for hybrid E-scooter and hybrid E-scooter adoption trends.

The growing popularity of hybrid E-scooter sharing programmes in countries has increased demand for hybrid E-scooter and escalated hybrid E-scooter market future trends.

Governments all around the world have developed strategies to encourage the adoption of hybrid E-scooter by providing different incentives to customers and producers in the form of subsidies. Support in the form of research and development initiatives is also a significant hybrid E-scooter market key trends & opportunities component.

KEY TAKEAWAYS:

  • Four stroke segments is likely to lead in the hybrid E-scooter market’s stroke sector through 2032.
  • China is the leading region in the hybrid E-scooter market, with an anticipated CAGR of 21% by 2032.
  • The United States’ hybrid E-scooter market is projected to have a CAGR of 16.9% in 2032.
  • The India’s hybrid E-scooter market is projected to have a CAGR of 13.2% in 2032.

COMPETITIVE LANDSCAPE:

Major firms such as Yadea Group Holdings Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., NIU International, Silence Urban Ecomobility, Zhejiang Luyuan Electric Vehicle Co., and Hero Electric lead the hybrid E-scooter market size.

To raise their market share, leading hybrid E-scooter market procurement leaders are focusing on various growth hybrid E-scooter statistics like R&D activities, mergers and acquisitions, and new product launches.

These companies offer a diverse range of goods and solutions for the hybrid E-scooter market, have global distribution networks, and invest heavily in research and development to create new products.

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Key players

  • Yadea Group Holdings Ltd.
  • Jiangsu Xinri E-Vehicle Co., Ltd.
  • NIU International
  • Silence Urban Ecomobility
  • Zhejiang Luyuan Electric Vehicle Co.
  • Hero Electric

Key Segments

By Type:

  • Unicycle
  • Two Wheel
  • Three Wheel

By Stroke:

  • Two Stroke
  • Four Stroke

By Range:

  • 40 to 60Km
  • 60 to 80Km
  • 80 to 100Km
  • Above 100Km

By Distribution Channel:

  • OEM
  • E-Commerce
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Recent Development in Hybrid E-scooter Market:

New Launches:

  • Yadea Group (China) used a newly designed in-wheel motor produced by Nidec Corporation in January 2022. (Japan). For the first time, Nidec has created an in-wheel motor for electric bikes. The new product is manufactured by Nidec in Pinghu, Zhejiang Province, and China.
  • The Yadea Group (China) unveiled the Y1S, an all-around smart lithium e-moped for commercial usage, in November 2021. The Y1S may be customised for bike-sharing, takeout operations, logistics, and other uses.

Collaboration:

  • Gogoro (Taiwan) announced collaboration with Dachangjiang Group (DCJ) and Yadea Group (China) to construct a battery-swapping network in China in May 2021. The DCJ and Yadea collaborated to create a line of two-wheel vehicles using the Gogoro network’s battery swapping platform. Vehicles developed under this collaboration utilised the Gogoro network programme, which allows vehicle manufacturer partners to combine their vehicle technology with Gogoro’s intelligent drivetrains and controllers, components, and smart systems.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Hand Sanitizer Spray Pen Market is Anticipated to Reach a Industry Share of US$ 11.36 Bn in 2032

The hand sanitizer spray pen market is likely to register a CAGR of 11% during the forecast period, and is anticipated to reach a market share of US$ 11.36 Bn in 2032, from US$ 4 Bn in 2021, due to its convenient packaging which makes consumers carry it easily.

Consumers have made health and hygiene a very significant part of their lives due to the necessity of cleanliness and keeping excellent health not just for themselves, but also for social reasons, which has boosted demand for hand sanitizer spray pen.

Hand hygiene goods, in particular, have acquired relevance in customers’ minds over the last decade, and as a result, manufacturers are recognising this and making advertisements with such concepts to promote awareness and increase usage of such things, encouraging sales of hand sanitizer spray pen.

As healthy hands are so essential to consumers, several firms in the market are supporting this shift in consumer behavior, and goods such as hand sanitizers have entered the market. There are numerous product improvements introduced by manufacturers for the convenience of consumers based on their usage habits, to boost the demand for hand sanitizer spray pen.

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Sales of hand sanitizer spray pens are high, as they are a newly developed hand sanitizer device that has gained popularity due to its ease of use by any user, whether male, female, or child. Males may easily carry me in their pockets, while females can carry me in their handbags or clutches.

What drives the Hand Sanitizer Spray Pen Market

Due to its simple packaging, which allows customers to carry it effortlessly, the hand sanitizer spray pen market share will show robust growth across the health and hygiene industry.

In comparison to the traditional sanitizer bottle, where it is often impossible to control the pore, innovative and new generation hand sanitizer spray pens are designed to administer a pre-measured dosage of sanitizer in each spray for effective germ kill, which boosts the demand for hand sanitizer spray pen.

Most cosmetic firms are relying on pen-shaped applicators and solid stick formats to provide mess-free on-the-go options for consumers who want to perfect their look swiftly, contributing to the sales of hand sanitizer spray pen. Pen-shaped packaging is becoming more popular than other formats due to its ease of application and portability.

What are the Trends in the Hand Sanitizer Spray Pen Market

The rise in demand for hand sanitizer spray pens over soaps, normal sanitizers, and hand wash is due to a shift in consumer lifestyles and a shift toward the acceptance of convenience items. Consumers understand the necessity of hand cleanliness and the efficiency of hand sanitizer spray pens in preventing germs and bacteria, impacting sales of hand sanitizer spray pen profitably.

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The personal health and hygiene market is expanding in all regions. Consumers in all regions are eager to try out new, cost-effective products, which leads to higher sales of hand sanitizer spray pen.

According to the World Health Organization’s (WHO) standards on hand hygiene, an alcohol-based hand sanitizer spray pen is more effective than ordinary soap and water in preventing the spread of bacteria, which is causing a shift in consumer perception.

What is the Regional Outlook of the Hand Sanitizer Spray Pen Market

Due to the importance of hand hygiene in the minds of consumers, the hand sanitizer spray pen market is likely to develop at a healthy rate across all geographies during the forecast period. Health and hygiene goods are becoming more popular around the world, which is anticipated to drive demand for hand sanitizer spray pens due to their low prices.

Due to the lucrative expansion in the sector, rising nations are likely to create large sales of hand sanitizer spray pen. The Asia Pacific area offers substantial market growth for hand sanitizer spray pen, and the hand sanitizer spray pen market share is predicted to expand at a relatively high rate due to increasing population and adoption of innovative goods among Asian consumers.

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What is the Competitive Outlook of the Hand Sanitizer Spray Pen Market

Some of the major players in the hand sanitizer spray pen market are

  • Purell
  • Soaptronic LLC
  • Walgreen Company
  • UCLA Bruins
  • GlaxoSmithKline plc
  • Sanell
  • Others

These prominent industry players are expected to boost hand sanitizer spray pen market share growth

Manufacturers of hand sanitizer spray pens have a plethora of new prospects. To maintain consistent sales of hand sanitizer spray pen, cosmetic companies are cooperating with hand sanitizer spray pens providers. The demand for hand sanitizer spray pen has grown at a faster rate due to rising demand for healthcare products from consumers all over the world.

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Folding E-Scooter Market Emerging Growth Analysis, Future Demand and Business Opportunities 2032

The folding e-scooter market is expected to escalate at a CAGR of 2.6%, from USD 626.8 million in 2022 to USD 806.3 million through 2032.

The COVID-19 pandemic has impacted the broader automotive industry, resulting in a subsequent drop in growth of the folding e-scooter market. However, government agencies’ strict emission rules, like emission standards for greenhouse gas (GHG) emissions, are propelling the folding e-scooter market share.

Increasing monetary and non-monetary incentives are assisting in the adoption of folding e-scooters. The recent folding e-scooter market trend is the demand for sustainable urban mobility and contemporary transportation infrastructure, which is pushing the transition from traditional to electronic forms of transportation. Folding e-scooters are projected to have a positive influence on energy security and air quality.

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Cities all over the world are preparing for a new era of urban mobility centered on the concept of using sustainable transportation vehicles across the city to minimize traffic congestion and pollution for a clean and fresh environment, resulting in increased demand for folding e-scooters.

Compared to the number of electric vehicles on the road today, the number of electric charging stations appears to be insufficient. Concerns regarding range are hampering the sales potential of folding e-scooters.

Governments all over the world have devised measures to encourage the adoption of folding e-scooters by providing financial incentives to both riders and chevaliers. Another major growth aspect of the folding e-scooter market is research and development programs.

Key Takeaways:

  • The folding e-scooter market is predicted to grow at a CAGR of 2.6% through 2032 due to consumer awareness and environmental concerns.
  • In the United States, the folding e-scooter market is estimated to have a CAGR of 10.8% through 2032.
  • The folding e-scooter market in China is expected to have a prodigious CAGR of 23.6% through 2032.
  • The folding e-scooter market in Japan is expected to have a steady CAGR of 16% through 2032.
  • The market for folding e-scooter in Japan is expected to be valued at US$ 806.3 million by 2032.

Competitive Landscape:

Major key players in the folding e-scooter market are Xiaomi Corporation, Pride Mobility Products Corp., Segway, Megawheel, GOTRAX, Shenzhen Iezway Technology, Spacepac Industries Pty Ltd, Turboant, E-Twow, Hiboy, INOKIM, Glion, Razor, Mercane Wheels, XOOTR, and EcoReco.

To extend their influence in the folding e-scooter market trends, these vendors have used a variety of organic and inorganic growth tactics.

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Key Segments

By Type:

  • Unicycle
  • Two Wheels
  • Three Wheel

By Load Variation:

  • Below 40kg
  • 40 to 80kg
  • 80 to 100kg
  • Above 100kg

By Battery Type:

  • Sealed Lead
  • Acid Battery
  • Lithium Ion Battery
  • Others

By Voltage:

 

  • 24V
  • 36V
  • 48V
  • Above 48V

By Distribution Channel:

  • OEM
  • E-Commerce
  • Others

By Age:

  • Below 20 Years
  • 20 to 30 Years
  • Above 30 Years

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14772

RECENT DEVELOPMENT:

“Partnerships, Collaborations, and Agreements Remain the Key Strategies.”

  • NIU introduced two new scooters for the European market in January 2020: the NQi GT and the MQi Plus. The unveiling was done in conjunction with NIU’s Urban Mobility Summit in New York.
  • EuroSports Technologies (EST) of Singapore signed an MoU with Strides Transportation in April 2021 to develop, market, and distribute smart electric motorcycles.
  • BattRE Electric Mobility has released an IoT e-scooter in 2020 that includes navigation, ride data, remote diagnostics, anti-theft alarm, speedometer call warnings, and ride behaviour tips.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Sales In The Global Gasoline Generator Market Are Anticipated To Top US$ 994.6 Mn | 2022-2029

The global gasoline generator market is expected to be worth $768.8 million in 2022, with a healthy growth rate of 3.7 % from 2022 to 2029. The expanding construction industry is a major driver of this expansion. The global market for gasoline generators is highly competitive, and small players in the market must compete to gain market share.

The report’s findings indicate that the demand for running small power loads during power outages from the residential and commercial sectors is one dynamic factor driving the expected significant growth of the global gasoline generator market during the forecast period.

Businesses must prioritise product innovation if they want to maintain a competitive edge because new products can open up huge opportunities for market expansion. Reduced noise and weight in portable gasoline generators can be advantageous, and product development at a reasonable price can lead to significant residential market penetration.

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North America to Capture Significant Market Share

There has been substantial growth in the U.S. construction industry over the recent past. As per the U.S. Census Bureau, there has been significant growth in non-residential construction spending. It is also estimated that this particular segment will grow rapidly over the forecast period.

With the growing construction industry, rise in the preference for portable generators (for standby backup power) is expected to surge the demand for gasoline generators over the forecast period. Since 2010, there has been a continuous rise in the U.S. non-residential construction spending with an annual growth rate of ~5-6%, which is likely to boost the demand for gasoline generators in upcoming years.

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Commercial Sector to Remain Key Consumer of Gasoline Generators

A robust market trajectory is foreseen for the gasoline generator market. Commercial and residential sectors spearheading usage of portable generators are likely to remain prominent end users of gasoline generators.

  • Gasoline generators that produce power output in the range of 3,000 watts to 5,000 watts are projected to register prominent growth in upcoming years. Gasoline generators that come under this category are utilized in several end-use sectors in case of power failures.
  • Portable gasoline generators are most-widely utilized generator sets across the globe, which provide electricity by running a gasoline-powered engine. Portable generators are not permanently installed and can be moved from one place to another easily. Portable gasoline generators are available in various sizes depending on the power output.
  • Gasoline generators are primarily utilized for standby backup power applications across several end-use sectors, such as residential, commercial, industrial, and agricultural, among others. The standby backup power application accounts for a major share in the gasoline generator market.

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Gasoline Generator Market: Vendor Insights

The report titled gasoline generator market highlights some of the key market participants, who are well-known market players and have established themselves as prominent stakeholders in the global gasoline generator market.

Some of the examples of key players in the global gasoline generator market are Kohler Co., Honda Motor Co., Ltd., Generac Power Systems, Inc., SGS Engineering (UK) Ltd., Hyundai Power Equipment, Stephill Generators Ltd., Yamaha Motor Co., Ltd., and Champion Power Equipment, Inc., among others.

In terms of market structure and tier analysis, the global market for gasoline generators is mostly fragmented, with top 3 players holding 25%-30% share in the global market. This is mainly due to the large number of Chinese and other players involved in the manufacturing of gasoline generators. Significant players in the market are focusing on mergers and acquisition activities, along with new product launches to expand their global reach.

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Gasoline Generator Market by Category

By Power Output :

  • Less than 1.0 KW
  • 1.0 TO 3.0 KW
  • 3.0 TO 5.0 KW
  • More than 5.0 KW

By Type :

  • Portable Generator
  • Stationary Generator

By Application :

  • Standby Backup Power
  • Continuous Power

By End Use :

  • Commercial
  • Residential
  • Industrial
  • Agricultural
  • Others (Construction etc.)

By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Compact E-Scooter Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2032

The compact e-scooter market size accounted for about US$ 626.8 Million in 2022 and is anticipated to reach US$ 806.3 by 2032, advancing at a CAGR of 2.6% during the forecast period (2022-2032).

As traffic congestion worsens in and around major cities, commuters are compelled to choose either expensive modes of transportation or homes near the workplace; the compact electric scooter is a modern necessity, thereby spiking the overall demand for compact e-scooters.

The higher sales of compact e-scooters are contributed by those who do not live close to their workplaces and are forced to travel long distances resulting in an elevated transportation nightmare, leading many people to seek out smooth and efficient modes of transportation.

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The rising trajectory of compact e-scooter adoption trends is due to its advantages, including short distance coverage, travelling to locations, and the non-necessity of a four-wheeled vehicle while driving around the town.

People from various countries around the globe are contributing to the demand for compact e-scooters, owing to the e-scooter’s simplicity. When not in use, one can simply fold the scooter and store it anywhere.

The compact e-scooter market size is likely to be expanded as compact/foldable electric scooters are well-known for their fuel efficiency and low greenhouse gas emissions.

Li-ion batteries are lighter and more efficient than sealed lead-acid batteries. They have a higher density, encouraging many to opt for the same, soaring the compact e-scooter market growth.

Foldable electric scooters are a boon to commuters who must rely on public transportation. A compact e-scooter is a good option as it is incredibly compact and does not take up an excessive amount of space.

The same encourages many to opt for compact e-scooters, in turn, auguring well for the compact e-scooter market outlook.

Compact e-scooter market trends and forecast is facilitated by various features associated with compact e-scooters, including economical driving, low maintenance, safe driving mode and a maximum speed limiter.

The incorporation of advanced technologies and smart features in foldable electric scooters is catching consumers’ attention, and the same is likely to open up a wide array of compact e-scooter market opportunities.

The compact e-scooter market is categorized by type, load variation, battery type, voltage, age, distribution channel, and region.

Browse Detailed Summary of Research Report with TOC: https://www.futuremarketinsights.com/reports/compact-e-scooter-market

Key Takeaways:

  • Based on age, on account of the growing trend of riding compact e-scooters to work, the adult segment accounts for the majority of compact e-scooter market share.
  • During the forecast period, the children segment is also expected to grow rapidly as the majority of manufacturers claim that children over the age of eight can use these electric scooters.
  • The Lithium-ion battery segment is expected to dominate the market during the forecast period attributed to its dependability and efficiency.
  • Due to the presence of a large number of e-scooter manufacturers, North America market is likely to bring about compact e-scooter market key trends & opportunities.
  • Rising pollution and the government’s increasing provision of financial incentives are driving up demand for compact e-scooters in Asia-Pacific.

Key Segments

By Type:

  • Unicycle
  • Two Wheel
  • Three Wheel

By Load Variation:

  • Below 40 KG
  • 40 to 80 KG
  • 80 to 100 KG
  • Above 100 KG

By Battery Type:

  • Sealed Lead Acid Battery
  • Lithium Ion Battery
  • Others

By Voltage:

  • 24 V
  • 36 V
  • 48 V
  • Above 48 V

By Distribution Channel:

  • OEM
  • E-Commerce
  • Others

By Age:

  • Below 20 Years
  • 20 to 30 Years
  • Above 30 Years

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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Competitive Landscape:

Some of the key compact e-scooter companies include

  • Xiaomi Corporation
  • Pride Mobility Products Corp
  • Segway
  • Megawheel
  • GOTRAX
  • Shenzhen Lezway Technologies
  • Spacepac Industries Pty Ltd.
  • Turboant
  • E-Twow
  • Hiboy
  • INOKIM
  • Glion
  • Razoe
  • Mercane Wheels
  • XOOTR
  • EcoReco

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

TOC continued..!

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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