Market Research Blog

The global off road all terrain e-scooter market is predicted to witness a moderate growth rate of 4.8% during the forecast years. The net worth of the off road all terrain e-scooter market share is expected to reach US$ 2.5 Billion by the year 2032, increasing from US$ 1.53 Billion in the year 2021.

Global concern over the increasing amount of polluting emission gases and deteriorating urban air quality have ushered in a new era for electric scooter and vehicles in the global market. In line with such encouragement, there has also been a growing trend in sales of electric scooter for rough terrains across the world in recent times.

Greater performance parameters and lightweight design are the precursors to the growing demand for off road all terrain e-scooter in the global market. The popularity of off road biking events is poised to be an instrumental factor in determining the off road all terrain e-scooter market opportunities in the coming days.

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Several government incentives for greater sales of off road all terrain e-scooter have favoured the overall growth of the business in the regional markets. The establishment of suitable infrastructure for the adoption of electric vehicles is anticipated to create conducive off road all terrain e-scooter market key trends and opportunities in the future.

Key Takeaways

• The current day net worth of global off road all terrain e-scooter market size is estimated to be around US$ 1.56 Billion by 2032.
• The overall year-on-year growth rate of the off road all terrain e-scooter market share is found out to be 4.8% for the forecast years of 2022 to 2032.
• The gross forecasted value of the global market is predicted to reach US$ 2.5 Billion by the year 2032 as per the off road all terrain e-scooter market analysis.
• Two wheeler off road electric scooters have always remained the top performing segment and is expected to continue as it is in the coming year.

Competitive Landscape

All the prominent market players of the global off road all terrain e-scooter market are increasingly focussing on designing best all terrain e-scooters according to the customer requirement of specific regions to achieve market penetration. However, adoption of recent development to provide better features with the existing models is also a key strategy popularizing the off road all terrain e-scooter market.

Global Off Road All Terrain E-scooter Market Key Players

• Xiaomi Corporation
• Voro Motors
• Segway
• Apollo Scooters
• GOTRAX
• Aovopra
• INOKIM
• KAABO
• Kugoo
• Techlife
• Evercross
• Dualtron

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Key Segments

By Type:

• Unicycle
• Two Wheel
• Three Wheel

By Speed:

• 20 to 30 Kmh
• 30 to 50 Kmh
• 50 to 70 Kmh
• Above 70 Kmh

By Range:

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

By Distribution Channel:

• OEM
• E-commerce
• Others

By Motors:

• Single Motor
• Twin Motor

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa (MEA)

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Recent Developments in Off Road All Terrain E-Scooter Market

• After absorbing the Amsterdam-based e-scooter manufacturer ETERGO, Ola Electric announced plans to establish the world’s largest electric scooter facility in December 2020. It intends to build this massive factory in India in order to grab the regional market.
• NIU technologies, a smart urban mobility solutions company, has announced the debut of a new product called ‘G0’ by the end of May 2020. It’s a sort of e-bike from the Gova series designed for the Chinese market.
• In June 2019, Li-ions Elecktric Solutions unveiled the Spock electric scooter, which is powered by 72V 40AH lithium-ion batteries. The main benefit of this newly introduced model is its roughly 150-kilometer range on a single battery charge.

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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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Future Market Insights (FMI) recently published a new report, titled, ‘Automotive Display Units Market: Global Industry Analysis 2017–2021 and Opportunity Assessment 2022–2029.” The value of the global automotive display units market was approximately US$ 14,502.9 Mn in 2021. The automotive display units market is predicted to grow at a prominent CAGR of around 8.3% during the forecast period. Full digital and navigation display systems will play a vital role in generating market revenue in the automotive display units market, according to FMI’s analysis.

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Head-Up Display Mark an Emerging Trend

In the current market scenario, technological advancements in automotive display units are estimated to become more important due to increasing penetration of navigation display systems, software, and various display technologies in automobiles. Moreover, automakers are focusing on head-up display and navigation systems in their vehicles in order to increase safety features.

Automotive display manufacturers have developed technologies such as TFT LCDs and AMOLEDs, which can be used in low ambient light conditions and enhance the vehicle safety. These technologies offer various advantages such as vehicle safety, high resolution, larger display size, high heat-resistance, and lighter than a liquid crystal display (LCD) feature.

Furthermore, stringent safety rules and regulations in countries such as Germany, the U.S., France, and Italy are compelling automotive manufacturers to raise the safety standards in their vehicles. To improve vehicle safety, automakers are trying to implement digital rear view mirrors and a pillar mirror to reduce the blind spots for vehicles, which is expected to support the demand for TFT, LCD, and AMOLED displays in the automotive display units market.

The growing sales of premium LCVs and HCVs in developed and developing economies are estimated to boost the growth of the automotive display units market. China is expected to be a prominent market in the global automotive display units market over the forecast period in term of volume, owing to the increasing demand for passenger cars from the middle-class population.

Moreover, government initiatives to promote the manufacturing sector in developing countries such as India are expected to further create opportunities in the automotive display units market. These factors are expected to directly impact the growth of the automotive display units market during the assessment period.

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China and India to Create Significant Growth Opportunities

This global automotive display units market report observes that, East Asia is estimated to hold a prominent share in the global automotive display units market during the assessment period. Due to increasing vehicle production and rising vehicle safety standards, the demand for automotive display units is increasing across the globe.

China is estimated to hold a significant share in the East Asia Automotive Display Units market, and drive the growth of the region, while growing at a CAGR of nearly 10% in terms of value, between 2022 and 2029. This automotive display units market report studies the concerned markets across various regions, including North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa.

Global Automotive Display Unit Market by Category

By Product Type:

• Full Digital
• Navigation Display
• HUD
• Digital Side Mirror
• Digital Rear View Mirror
• Rear Seat Display
• Rear Seat Control

By Vehicle Type:

• Compact Car
• Mid-Size Car
• SUV
• Luxury Car
• LCV
• HCV

By Display Size:

• <1- Inch
• 1.x Inch
• 2.x Inch
• 3.x Inch
• 4.x Inch
• 5.x Inch
• 6.x Inch
• 7.x Inch
• 8.x Inch
• 9.x Inch
• 10.x Inch
• 11.x Inch
• >12.x Inch

By Touch Type:

• With touch
• Without touch

By View Type:

• 2D
• 3D

By Technology Type:

• TFTLCD
• PMOLED
• PMLCD
• AMOLED

By Screen Format:

• Standard
• Wide

By Sales Channel:

• OEM
• Aftermarket

By Resolution:

• Pixel formats
• Pixel numbers

By Region:

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

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Global Automotive Display Units Market: Competitive Landscape

Some of the key players involved in the manufacturing of automotive display units, and included in this study are Robert Bosch GmbH, LG Displays, Panasonic Corporation, Denso Corporation, Magna International Inc., Valeo Sa, Delphi Automotive Plc, Continental Ag, Kyocera Corporation, Japan Display Inc., Au Optronics, and Pioneer Corporation, amongst others.

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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.

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According to Future Market Insights (FMI), the bulk material handling system market revenue is expected to reach $5.1 billion in 2021. The incorporation of remote user connectivity and interface in equipment, as well as the use of telematics-based services by original equipment manufacturers (OEMs), will drive the market, yielding a 2.10 percent year-on-year growth in 2021.

Bulk material handling systems are widely used in the construction and mining industries, where demand is driven by activities such as ore extraction, crushing, grinding, site-cleaning, demolishing, and decommissioning, among others. Furthermore, the bulk material handling market is expanding as a result of ongoing migration, increased urbanisation, and high-value infrastructure projects with healthy investment.

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Key Takeaways of Bulk Material Handling Systems Market Study

• Key players focus on expansion of footprint in the developing countries, which also involves moving new products into new markets such as the Middle East, China and India where construction industry registered a double digit growth in the past decade.
• As per the recent trend in the mining industry in the Americas and Asia Pacific, the demand for bulk material handling systems is expected to be from open or surface pit mining especially for coal and ferrous mining.
• Since the rental and leasing service is a strong aspect of the bulk material handling systems market, many players have incorporated rental services as business segment while directly selling bulk material handling systems.
• Band conveyor and stackers have been identified as the most recognizable bulk material handling systems as they are capable of accomplishing various tasks such as stock piling and transportation, particularly in packaging and manufacturing end use industries.

“Rental services play a pivotal role in the bulk material handling systems market, as these equipment are capital intensive. Hence, to gain profits in this market, players can focus on offering rental and leasing services while also directly selling bulk material handling systems,” says an FMI analyst.

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Bulk Material Handling Systems: Competition Scenario

The bulk material handling systems market is assessed to be fragmented market, where market players such as Hitachi Construction Machinery Co., Thyssenkrupp, Kawasaki Heavy Industries, Ltd., Liebherr Group, and Sumitomo Heavy Industries are estimated maintain their dominance in the market throughout the forecast period, and have strong order inflow.

Brief Synopsis

The increasing exploration and production (E&P) activities in oil & gas and mining industries coupled with burgeoning demand from construction industry as a result of growing infrastructural projects is expected to led to high volume orders of bulk material handling systems in the global market.

Increasing awareness of benefits and the resulting demand for automated bulk material handling systems is anticipated to reflect optimistically on the market growth rate of conveyors and stackers.

Though E&P activities in Europe are recovering, the region is projected to foresee healthy growth, attributable to the promising dynamics in the rest of the end-use industries that deploy bulk material handling systems, such as packaging and manufacturing.

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Key Segments Covered in Bulk material handling system Market Study:

Application

• Mining
• Packaging
• Construction
• Manufacturing
• Sea Ports & Cargo Terminals

Equipment

• Stacker
• Stacker cum Reclaimer
• Band Conveyor
• Bucket Wheel Excavator
• Stripping Shovel
• Rope Shovel
• Bucket Elevator
• Ship Loader and Unloader

Region

• North America
• Europe
• Latin America
• APAC (Asia Pacific)
• MEA (Middle East & Africa)

Future Market Insights delivers key insights into the global rail gangways market and procures key information through structured market research. The report titled “Rail Gangways Market: Global Industry Analysis 2017 – 2021 and Opportunity Assessment 2022 – 2028” highlights the historic and upcoming trends across the globe. As per the report insights, the market is anticipated to witness growing demand for rail gangways from the on-going rail infrastructure development along with the new construction of metro rails over the coming years. Rising need for rail gangways in the developing countries is estimated to fuel the global rail gangways market.

The developing high-speed rail network and an expanding fleet of metro trains are the key factors driving the worldwide rail gangways industry. Between 2022 and 2028, the global market is projected to grow at a CAGR of 5.1%.

In terms of revenue, Western Europe is anticipated to rule the global rail gangways market in 2022, predicts Future Market Insights (FMI). Over the forecast period, demand in Western Europe is anticipated to grow at a CAGR of 4.6 percent by volume.

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Global Rail Gangways Market Dynamics     

Across the globe, rising investments for railways development and upcoming metro rail projects will act as a catalyst for the overall growth of the rail gangways market during the period of 2018-2028. Moreover, increasing development of rail activities in developing regions, such as China and SEA & pacific, are estimated to fuel the growth of the rail gangways market over the forecast period.

Additionally, increase in the rolling stock is estimated to create lucrative growth opportunities for the suppliers of rail gangways over the forecast period. The increasing inclination of the consumers towards economical public transport via trains and metros is projected to fuel the demand for rail components such as the rail gangways over the forthcoming years in the global market. One of the prominent challenges faced by the rail gangways market is rising attractiveness of air transport coupled with the growth of automobiles for long and short trips.

Global Rail Gangways Market Forecast

The global rail gangways market insights suggest that the market is estimated to witness substantial growth during the forecast period

In terms of sales, China is estimated to account for major share in the global rail gangways market during the period of 2022-2028. In terms of market value share, Western Europe followed by China, is estimated to dominate the global rail gangways market. Furthermore, South East Asia & Pacific is estimated to create incremental $ opportunity around US$ 30.6 Mn in the global rail gangways market during the forecast period. Moreover, Japan and Latin America, is expected to grow at above average growth rate in the global rail gangways market over the forecast period.

On the basis of product type, the two piece gangways segment is estimated to account for a value of US$ 312.5 Mn by 2018 end. However, the single piece gangways segment is projected to account for a minor share of 30% of the market unit sales in the global rail gangways market during the forecast period.

By material type, the aluminum segment is projected to dominate the global rail gangways market. In terms of volume, the demand from aluminum segment is projected to be pegged at 206,747 Units by the end of 2028. Moreover, the steel material type segment is estimated to create incremental $ opportunity worth US$ 85.0 Mn in the global rail gangways market over the forecast period. The composite segment is expected to grow with remarkable growth rate in the global rail gangways market.

By train type, presently the passenger train segment is estimated to dominate the global market. However, with the rise in technology and innovation this passenger train segment will eventually lose its share to the high speed train segment by 2028. The high speed train segment is estimated to project a prominent incremental $ opportunity of US$ 52.2 Mn which represent around 22% in the global rail gangways market. The passenger train segment is estimated to be valued at US$ 340.9 by 2028 end in the global rail gangways market.

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Rail Gangways Market: Segmentation

Product Type

• Single Piece Rail Gangways
• Two Piece Rail Gangways

Material Type

• Steel Rail Gangways
• Aluminium Rail Gangways
• Alloys Rail Gangways
• Composites Rail Gangways

Train Type

• Passenger train
• Metro/Subway train
• High speed train
• Special train

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• South East Asia and Pacific
• Middle East and Africa
• China
• Japan

Global Rail Gangways Market: Competitive Landscape

Some of the key players involved in the manufacturing of rail gangways and included in this study are Hübner Gmbh & Co. Kg, Hutchinson Paulstra, Narita Mfg., Ltd, Dellner Couplers Ab, Atg Autotechnik Gmbh, Schliess- und Sicherungssysteme GmbH, Chongqing Hengtai Electromechanical Equipment Co., Ltd., Airflow Equipments (India) Pvt. Limited

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Key questions answered in the report

• How has the Rail Gangways market evolved over the past four years?
• What shape is the Rail Gangways market expected to take in terms of volume and value during the study period?
• What are some of the prevailing market dynamics in the Rail Gangways market?
• What are the competition developments and trends in the Rail Gangways market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the Rail Gangways market?
• What are the important challenges, opportunities and improvement factors for Rail Gangways market players?
• What are the important market positioning and key strategies of key manufacturers as per the Rail Gangways market taxonomy?
• How is the competition structured at present? How has it evolved in the Rail Gangways market over the past few years?

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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
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Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032.

Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is to prevent deaths and injuries by reducing the number of car accidents and serious impact of those that cannot be avoided. ADAS manufacturers/ developers have developed systems focusing their efforts on making driving experience safer and having human less human interference. As a result, the advance driver assistance system industry is predicted to grow steadily in the future.

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Strict regulations imposed on car manufacturers by various government bodies around the world promoting passenger safety will aid overall growth of the market. During the forecast period, growth in the automotive industry, combined with rising government initiatives to adopt advanced technologies, develop increasingly structured safety features, and a rising trend of government and consumer adoption of autonomous vehicles will open new revenue paths for the global ADAS market.

During the forecast period, the global ADAS market will benefit from an increase in per-capita consumer spending power in developing economies, as well as an increase in demand for premium and luxurious features in their vehicles. However, high initial costs and an increase in malfunctioning components may limit the global ADAS market growth. Nonetheless the market is predicted to grow due to rising demand from emerging countries such as China, India, Germany and others.

Key Takeaways from Market Study

• By ADAS type, night vision system (NVS) sales are expected to grow at a CAGR of 9% in global market.
• By technology type, ultrasonic sensor and radar sensor segment is expected to lead with a market share of more than 0%.
• By vehicle type, the passenger vehicle segment will dominate the market with more than 71% of the market share.
• In terms of region, South Asia and Pacific is predicted to exhibit a CAGR of 12.4%.

“The swift expansion of the automotive sector has resulted in an increase in car production, accelerating the growth of the advance driver assistance system market. The market will gain traction in response to the rising demand for safe care driving and implementation of regulations ascertaining improved road safety.” says a Future Market Insights analyst.

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ADAS Market by Category

By System:

• Adaptive Cruise Control (ACC)
• Automotive Emergency Braking (AEB)
• Adaptive Front Light (AFL)
• Blind Spot Detection (BSD)
• Driver Monitoring System (DMS)
• Forward Collision Warning (FCW)
• Lane Departure Warning (LDW)
• Night Vision System (NVS)
• Park Assist (PS)
• Tire Pressure Monitoring System (TPMS)

By Technology:

• Ultrasonic Sensor
• Lidar Sensor
• Radar Sensor
• Camera Sensor
• Infrared Sensor
• Pressure Sensor

By Sales Channel:

• Original Equipment Manufacturer (OEM)
• Aftermarket

By Vehicle Type:

• Passenger Vehicle
• Heavy Commercial Vehicle
• Light Commercial Vehicle

By Region:

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

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

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. 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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Advance Driver Assistance System Market Competitive Landscape

Among the industry’s key players are Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Robert Bosch GmbH, Continental AG, Magna International, Mobileye and others.

Manufacturers in the global advance driver assistance system market are focusing on the development of new ADAS type with decreased human interference and increased accountability.

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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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
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The global electric vehicle sensor market is anticipated to expand at a CAGR of 16.6%, reaching a valuation of more than US$ 37.1 Bn by 2032.

Key factors driving demand for EV sensors include rising global electric vehicle production, the establishment of stringent regulatory rules, growing demand for vehicle electrification, and increasing preference for comfort and safety in vehicles.

Electric vehicles have developed throughout time as a result of technological advancements. These vehicles now include upgraded electronics that are powered by the vehicle’s battery pack for a variety of purposes. Technical advancements include changes in temperature, current, and pressure. Changes in temperature and load have been proved to be a concern for electric vehicles.

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As a result, they are constantly examined to guarantee that any change outside of their usual operating range is noticed and modified while the vehicle is being driven. The need for EV sensors is expected to increase over the forecast period, driven by the aforementioned factors.

Rising demand for luxury automobiles has increased the use of sensors in EVs. Besides this, as growing preference for improved vehicle safety features in passenger as well as light commercial vehicles will augment the growth in the market.

“Increased electric vehicle production, technological improvements, and growing popularity of ADAS in passenger vehicles will continue pushing sales of electric vehicle sensors over the forecast period,” says an FMI analyst.

Key Takeaways:

• Based on product type, sales of positions sensors are estimated to increase at a 17.5% CAGR through 2032.
• In terms of sales channel, the OEM segment will hold 93% of the total market share in 2022.
• By propulsion, BEVs are projected to account for more than 70% of the total market share in 2022.
• By 2032, East Asia is anticipated to dominate the market, holding a share of 43%.
• China is estimated to create an absolute dollar opportunity of more than US$ 11.4 Bn.

Competition Landscape

Key electric vehicle sensor manufacturers are introducing the most cutting-edge technologies. In addition to this, collaborations, acquisitions, and mergers are expected to remain prominent growth strategies adopted by leading players.

Some of the key electric vehicle sensor manufacturers are Analog Devices Inc., Denso Corporation, Amphenol Advanced Sensors, Infineon Technologies AG, Allegro MicroSystems, LLC, ams AG, Kohshin Electric Corporation LEM, Renesas Electronics Corporation, Sensata Technologies, STMicroelectronics, Melexis, Texas Instruments Incorporated, Vishay Intertechnology Inc, NXP Semiconductors and others.

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Key Segments Covered in Electric Vehicle Sensor Industry Analysis

Product Type:

• Temperature Sensors
• Current Sensors
• Position Sensors
• Pressure Sensors
• Speed Sensors

Sales Channel:

• OEM
• Aftermarket

Propulsion:

• Battery Electric Vehicles (BEVs)
• Hybrid Electric Vehicles (HEVs)
• Plug-In Hybrid Electric Vehicles (PHEVs)

Region:

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

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Electric Vehicle Sensor Market Projection

Increased use of position sensors in the electric vehicle industry, increase in demand for automotive sensors in hybrid and electric cars and rise in use of custom made electronic devices are the most notable factors driving the electric vehicle sensor market growth. Technological advances and expansion in the automotive industry are projected to provide profitable prospects for the market internationally. During the forecast period, each of these factors is expected to have a significant impact on the automotive sensor market.

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.
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Suite 401, Newark, Delaware – 19713, USA
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Newly released data by Future Market Insights (FMI), projects that the sulphur recovery technology market will reach a valuation of US$ 1.2 Bn by 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11% from 2021 – to 2031. The increasing production of shale gas will accelerate the growth with top market players holding 2/5th of sulphur recovery technology market share in 2021.

Growth predictions remain positive for Europe due to increasing government expenditure on the oil and gas industry and the presence of leading market players in the U.K. and Germany. Spurred by this, the Europe sulphur recovery technology market is projected to grow at about 12% CAGR during the forecast period.

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Increasing emphasis on regulations for reducing levels of sulphur in products and lower sulphur emissions has boosted demand for the deployment of sulphur recovery technology units.

The three-wheel e-scooter market is expected to escalate at a CAGR of 2.4% from USD 1024.2 Million in 2022 to USD 1301.4 Million through 2032.

The rising use of electric scooters throughout the world is driving the three-wheel e-scooter market’s growth, primarily to outcomes such as lower noise levels, cheap servicing costs, and remarkable mechanical performance.

Governments are also providing monetary and non-monetary incentives, which are driving the three-wheel e-scooter market forward. Consumers are becoming more aware of the ecological impact of traditional modes of transportation and are transitioning to electric vehicles. This is leading to a new opportunity in the changing three-wheel e-scooter market trends.

However, various restrictions are limiting the demand for three-wheel e-scooter progress. The lack of charging points, as well as concerns with energy capacity and endurance, are some of the reasons limiting the development of the global three-wheel e-scooter market.

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Following the implementation of emission standards around the world, demand for three-wheel e-scooter is increasing. Regional and international institutions are investing significantly in research and development, which is believed to improve the global three-wheel e-scooter market.

The rise in adoption of three-wheel e-scooter is being accelerated by rising fuel prices. The three-wheel e-scooter market is expected to grow due to the high utility of three-wheel e-scooters which come in a variety of models and capabilities. Government initiatives to provide appealing discounts on three-wheel e-scooter are projected to increase the adoption three-wheel e-scooter globally.

KEY TAKEAWAYS:

• The European three-wheel e-scooter market will command the largest portion of the market. The rapid development of infrastructure and the industrialisation of new technologies are boosting the growth of the European demand for three-wheel e-scooter.
• In 2019, the 36V segment accounted for more than 60% of the three-wheel e-scooter market’s The 36V battery segment’s supremacy can be ascribed to its strong power output and compatibility with electric scooters.
• Retro is predicted to be the most profitable area based on application. This is related to a move toward green vehicles for short-distance travel.
• Due to its durability and low cost, sealed lead-acid batteries dominated the industry in 2021, accounting for about 62 percent of total sales of three-wheel e-scooter.

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Key Segments

Battery Type:

• Li-Ion
• Ni-Mh
• Lead Based
• Others

Technology:

• Plugin
• Battery

Price Range:

• Below US $ 200
• US $ 200 – 375
• US $ 375.1 – 750
• US $ 750.1 – 1100
• Above US $ 1,100

Distribution:

• OEM
• E-Commerce
• Others

End Use:

• Personal
• Rental
• Law Enforcement

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COMPETITIVE LANDSCAPE:

Key companies profiled in the sales intelligence software market report include Invacare, Hero Moto Corp, Sunrise Medical Inc., Golden Technologies, Afikim Electric Vehicle, Pride Mobility Products, MERITS Co. Ltd, Energica Motor Company S.p.A., Hoveround Corporation, UK Mobility Group Ltd, VAN OS Medical UK Ltd, and EV Rider LLC.

To extend their market share, leading three-wheel e-scooter market players are focused on various strategic planning such as research and innovation, consolidations, and the introduction of new products.

The research offers a detailed competition analysis of these top sales intelligence software market competitors, including company biographies, recent developments, and important sales intelligence software market strategies.

RECENT DEVELOPMENT:

• Due to increased demand, Hero Electric (India) increased the capacity of its new production facility in Ludhiana (India) in September 2021. By Q2 2022, the company has increased production capacity from 1 lakh to over 5 lakh automobiles.
• In August 2020, Okinawa Autotech introduced the R30, a low-speed electric scooter with a top speed of 25 kilometres per hour.

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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
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Aircraft strut is an important component in the assembly of an aircraft. On a daily basis, the aircraft is increasing traffic with more than one trip covered by an individual aircraft where seamless and risk free aviation takeoff and landing are involved. Landing gear is an important component of an aircraft during landing and take-off in which aircraft struts are used to absorb shock while take-off and landing of the aircrafts. Most of the shock struts are prepared with an axle as part of the lower cylinder to offer installation of the aircraft wheels.

The size of the worldwide aircraft strut market is projected to reach US$ 3.9 billion in 2022 and grow at a CAGR of 6.5 percent between 2022 and 2032. The market is anticipated to benefit from an increase in the purchase of profitable and effective regional jets and narrow-body aircraft. The analysis estimates that by 2032, sales of aeroplane struts will exceed US$ 8.5 billion.

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Over the past decade, low-cost carriers have increased their marketplace, and currently they hold significant share accounting more than thirty percent in the commercial aviation market. Low cost carriers (LLC) operators choose single aisle aircraft, as they function on small routes and also have a comparative less profit margin. With the increasing focus on connecting small airports to improve a country’s air network, airlines are procuring regional jets and narrow-body aircraft that are efficient as well as profitable on short haul flights. Of the total 1,600 aircraft provided by Boeing and Airbus together in the previous year, the majority of the aircraft delivered were narrow body aircraft. Moreover, nose landing gear configuration is similar for a wide-body aircraft & narrow-body however, the main landing gear configuration varies. Therefore, it will impact the demand for aircraft strut market.

Aircraft Strut Market: Regional Outlook

Airbus and Boeing are the two main commercial aircraft original equipment manufacturers (OEMs) and they are based in the France and United States, respectively. The U.S. aviation market is quite matured market and it currently has the maximum aircraft fleet. Majority of the aircraft assembly is carried out in the France and United States. On the other hand, in terms of new airplane demand, the APAC (Asia-Pacific) market seems to be profitable. As China has recently announced its C919 airplanes in the commercial market and has received over 750 orders, a huge demand for aircraft strut is projected to be generated from this region in the coming years

Aircraft Strut Market: Market Participants

Examples of some of the market participants/vendors identified in the Aircraft Strut Market across the globe are:

• Circor Aerospace, Inc.
• PCC Aero Structures
• Crompton Technology Group Ltd.
• Malabar Inc.
• New Brow Aerospace
• Fiber Dynamics, Inc.
• Lefiell Manufacturing Co.
• Bansbach Easylift of North America
• Birken Manufacturing
• Robart Mfg
• Wicks Aircraft Supply
• QRP, Inc.

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Aircraft Strut Market: Segmentation

On the basis of aircraft body type

• Small Body Aircraft
• Wide Body Aircraft
• Very Large Body Aircraft
• Regional Aircraft

On the basis of operation

• Hydraulic
• Pneumatic

On the basis of position of aircraft struts

• Front Wheels
• Rear Wheels

On the basis of aircraft strut type 

• Rigid Aircraft Struts
• Spring Steel Aircraft Struts
• Shock Struts
• Bungee Cords

On the basis of end use customer

• Commercial
• Military

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance

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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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