Market Research Blog

Hydraulic gear pump sales continue to grow strongly with the construction industry’s growth, sustained automobile sales, and adoption by mining industry operators. A recent Future Market Insights (FMI) study projects a steady growth outlook for the global hydraulic gear pumps market, reaching a valuation of US$ 2.5 Bn at the end of the forecast period.

Greater emphasis on upgrading existing pump models to enhance their energy efficiency quotient will mark an important trend in the hydraulic gear pump market. High manufacturing costs, however, remain a longstanding challenge, limiting the rapid growth of the hydraulic gear pump market, says the FMI study.

Get the sample now at https://www.futuremarketinsights.com/reports/sample/rep-gb-3687  

However, due to the COVID-19 crisis, several production facilities are shuttered and workforce shortages prevail. This scenario is further complicated by an undersupply of raw materials and supply chain disruptions. Moreover, the direct impact of the halted progress of all end-use industries is negatively impacting the growth of the hydraulic gear pump market.

Key Takeaways of the Hydraulic Gear Pumps Study 

1. External gear pumps will be the top-selling category through 2030.
2. Sales remain concentrated in East Asia and Europe.
3. A third of total sales will be accounted for by hydraulic gear pumps with an operating pressure of 150–250 towards the end of 2030.
4. End users are inclined toward specialist distributors that provide engineering expertise, aftersales services, and end-to-end solutions to meet the specific demands of customers.

Material handling equipment plays a vital role in lean supply chain management and it is gaining traction owing to the evolving outlook of transportation and logistics across the globe. Manufacturers of hydraulic gear pumps thus need to align their product offerings with the changing material handling equipment requisites. 

Use Coupon Code -> “FMITODAY” to Receive a 20% Discount…!

Increasing Adoption of Agriculture and Forestry Equipment 

The agricultural sector is also a significant end-user, shaping the market for hydraulic gear pumps. The demand is expected to increase for agricultural applications. A majority of manufacturers in the global hydraulic gear pump market are following the trends of manufacturing and providing hydraulic gear pumps specifically for agricultural and farming equipment.

Competitive Landscape Analysis: 

The hydraulic gear pump market represents a fairly fragmented market structure, owing to the presence of a large number of hydraulic gear pump suppliers across the globe. Eaton Corporation, Parker-Hannifin Corporation, and Bucher Hydraulics GmbH remain some of the market leaders, operating with medium-to high-level global presence. The top 10 market participants in the hydraulic gear pump landscape currently account for more than 30% of the revenue share and prefer to concentrate on strategic collaboration agreements with regional leaders in the distribution space. New regional distributorships will enable them to gain a competitive advantage while introducing new offerings to newer regional markets.

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse All Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

ESOMAR-certified consulting firm Future Market Insights’ (FMI) recent market survey forecasts sales of electric scooters to continue increasing between 2021 and 2031. As per the report, the market will reach US$ 8.8 Bn in 2021, leading to expansion at a healthy 9% CAGR.

Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

Growth forecasts remain positive for the market. While hindrances were likely amid COVID-19 induced restrictions, sales will recover at an impressive pace. FMI also forecasts the market to exhibit 5.5% year on year growth in 2021.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2705

Increasing government-backed subsidies and rising concerns regarding decarbonization will spur demand for electric scooters in the upcoming years. Rapid urbanization, coupled with growing population across the globe is fueling sales of electric scooters.

Growth prospects remains positive for upcoming years, with leading manufacturers launching hybrid and technologically advanced models of electric scooters, catering to rising consumer demand. As per FMI, the top players in the market will account for 55% of sales in 2021.

Increasing efforts to curb carbon emissions and to reduce high congestion in roads in developing countries such as the U.S. and the U.K. are boosting adoption of three-wheeled electric scooters. Convenience, stability and easy mobility offered by electric scooters is augmenting adoption in university campuses and neighborhoods increasingly.

Additionally, in emerging economies, growing preference for two-wheeler and three-wheeled electric scooters is gaining immense traction. Easy accessibility, low-costs and increased navigational abilities offered by electric scooters will keep demand for electric scooters afloat in countries including China, India and Mexico.

“Rising concerns pertaining to carbon emission and rapid urbanization will spur demand for electric scooters through the assessment period. Government initiatives to encourage the adoption of electric vehicles across the globe will emerge as chief driving factor,” says an FMI analyst.

Key Takeaways from Electric Scooters Market Analysis

• Lithium-ion batteries will dominate the battery type segment throughout the forecast period.
• Maxi electric scooter sales will witness high demand, owing to features such as stability and durability.
• Based on technology, battery-equipped electric scooters will account for maximum sales in the market.
• The U.S is anticipated to experience increasing demand for three-wheeled electric scooters in the upcoming years.
• Sales outlook in the U.K. appears to be positive with increasing adoption in tourist mobility.
• India will provide lucrative opportunities for market expansion to global players, owing to government subsidies prompting adoption of electric scooters.
• Japan and South Korea will collectively account for 8.7% of the market share.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-2705

Competitive Landscape

Alta Motors, Ather Energy, Bajaj Auto, BMW Motorrad International, Cezeta, Energica Motor Company, Evoke Motorcycles, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, ReVolt Electric Motorbikes, Xiaomi, and Yamaha Motor Company Limited are among the top manufacturers of electric scooters, as profiled by FMI.

Top electric scooter manufactures are emphasizing research and development to incorporate technological advancements in electric scooters to establish themselves as prominent players in the market. Facility expansions and new vehicle launches will remain key strategies leveraged by manufacturers in the market. For instance:

• In June 2021, Piaggio revealed technical specifications for its latest electric scooter known as ‘One’. The e-scooter will be launched in three variants, One, One+, and One Active, with a digital instrument panel and removable battery system.

• In July 2021, Xiaomi launched new Ninebot C30 electric scooter in China for teenagers and young adults looking for affordable and light-weight vehicles for easy navigation in Chinese suburbs.

Electric scooters Market by Category

By Product Type:

• Standard
• Folding
• Self-Balancing
• Maxi
• Three-Wheeled

By Battery Type:

• Li-Ion
• NiMH
• Lead-Based

By Technology:

• Plug-In
• Battery

By Region:

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

Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/2705

Key Points Covered in Electric Scooters Market Survey

• Market estimates and forecast 2021-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Electric Scooters Market and how to Navigate
• Recommendation on Key Winning Strategies

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
LinkedIn| Twitter| Blogs

According to Future Market Insights’ most recent report, the global busbar market will grow from US$ 18,278.9 Mn in 2022 to over US$ 23,177.7 Mn by the end of 2028, registering a CAGR of 4.0%.

Expanding busbar installations in commercial buildings like hotels, research facilities, hospitals, and residential structures are anticipated to boost the market’s promising future. Over one-third of the revenue share is likely to be accounted for by Tier I producers like Schneider Electric SE, Eaton Corporation Plc, Siemens AG, and Methode Electronics.

Why Should Busbar Manufacturers Concentrate on North America?

According to a recently released report by Future Market Insights, North America dominates the world market for busbars, contributing nearly 24.4% of the market’s total revenue.

Growing use of smart grids and the demand for sustainable energy systems are driving up busbar demand, which is driving up busbar market growth throughout the region. However, the busbars’ associated complexity is limiting market expansion. The market for busbars is also anticipated to grow in the near future due to rising electric vehicle demand.

The market size in the region is likely to grow as a result of the presence of well-known manufacturers like Electronic Systems Packaging LLC (ESP), Methode Electronics, Inc., Storm Power Components, and Suzhou West Deane Machinery.

Get Access To Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-4249

Will the bus industry find lucrative conditions in South Asia and the Pacific?

In terms of regional growth, South Asia and the Pacific will probably see the highest demand for busbars due to rising electricity consumption in the residential, commercial, and industrial sectors. One of the main factors driving the market growth in the South Asia & Pacific region is a significant rise in demand for reliable, uninterrupted power supply coupled with a growing adoption of renewable energy sources for power generation.

Furthermore, due to the numerous advantages of busbars, including their high reliability, cost-efficiency, environmental friendliness, ease of installation, and movable plug-in outlets, copper busbars are expected to see significant growth in the years to come. The use of busbars will also be improved by encouraging government subsidies and significant investments in grid expansion and modernization. In order to improve energy efficiency across all commercial services, they are also implementing energy-saving programmes.

Busbars Industry Analysis’s Key Segments

Market for Busbars by Conductor Type

• Copper Busbars
• Aluminium Busbars

Market for Busbars Based on Power Rating

• Low Rating Busbars
• Medium-Rating Busbars
• High-Rating Busbars

Market for Busbars by End User:

• Residential Use of Busbars
• “Busbars for Commercial Use”
  • Hotels
  • Hospitals
  • Academics
• “Busbars for Industrial Use”
  • Chemical
  • F&B
  • Mining and metals
  • Others

Market for Busbars by Region

• North America’s Busbars Market
• Latin America’s Busbars Market
• European Busbars Market
• East Asia’s Busbars Market
• Busbars Market in South Asia and the Pacific
• Market for Busbars in the Middle East and Africa (MEA)

Customization Report Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-4249

Competitive Landscape

Busbar manufacturers are investing in the research and development of new adhesives with better curing properties as per changing industry standards across multiple industry verticals.

• In February 2019, Siemens presented a new form of data transmission for the BD2, LD, and LI busbar trunking systems from the Sivacon 8PS portfolio. This technology allows busbars not only to transmit current but also data. This has enhanced flexibility, transparency, and efficiency for power distribution in this digital age.
• In February 2020, ABB introduced the NeoGearTM low-voltage switchgear, which incorporates a revolutionary new laminated bus plate technology. NeoGear has ushered in a new era of looking at busbar technology in switchgear, with a 25% smaller footprint, making it an optimal solution where space is at a premium.

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse All Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

The global dry vacuum pumps market is projected to increase from a valuation of US$ 2.25 Bn in 2022 to US$ 3.22 Bn by 2028. Dry vacuum pumps are primarily used in end-use industries, including the chemical and pharmaceutical, semiconductor, and electronics industries. In response to global warming and the ongoing need to protect the environment, there is an ongoing global push for the production of renewable energy.

The industry is using dry vacuum pumps for related operations like coating and drying because electronics and semiconductor products are so widely used. The dry vacuum pump market is anticipated to grow from its estimated value of US$ 1,680.8 Mn at the end of 2018 to US$ 3,070.1 Mn by the end of 2028, expanding at a CAGR of 6.2%.

An elaborate executive summary that provides a glimpse of the market’s undercurrents is included in FMI’s report on the dry vacuum pumps market. It includes succinct details on the market’s drivers, trends, challenges, competition, and regional analysis. Through alternative energy sources like solar energy, regions like North America, Europe, and the Asia Pacific are producing renewable energy.

Download sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-3686

In addition to providing tax breaks and other incentives to encourage the production of solar energy, the governments of many nations around the world encourage private companies to produce sustainable, environmentally friendly electricity using solar and other renewable energy sources. The production of solar panels has been boosted as a result of the sudden rise in solar plants and projects around the world. This is set to fuel the demand for dry vacuum pumps, according to a recent market intelligence outlook published by Future Market Insights (FMI).

Steady and Growing Demand from the Electronics and Semiconductor Sectors to Augur Well for the Dry Vacuum Pumps Market

Growing infrastructural activities across the globe are directly favouring the demand for pumps. The electronics and semiconductor industries have witnessed rapid revenue growth over the last few years, with an increasing focus on the manufacturing of semiconductor and electronic components and equipment.

This has led to an increase in demand for dry vacuum pumps from these industries, especially in the production of microelectronics and chips. Manufacturers of semiconductor and electronic components such as Panasonic, Samsung, Meiko Electronics, Saigon Semiconductor Technology, and Taiwan Semiconductor Manufacturing Co. are setting up production plants in developing regions to benefit from cost competitiveness.

Local governments across several developing countries such as Brazil, India, and ASEAN countries are focused on increasing foreign direct investments in the manufacturing sector. This is expected to boost sales of dry vacuum pumps in the coming years.

To Buy this Report Visit: https://www.futuremarketinsights.com/checkout/3686

Opportunity Assessment of the Dry Vacuum Pumps Market

Future Market Insights has conducted an extensive opportunity assessment of the global dry vacuum pumps market for the 10 years 2018 to 2028. One of the key opportunity areas in the global market for dry vacuum pumps lies in the strategic investments being made globally across the pharmaceutical industry.

Demand for dry vacuum pumps is steadily increasing from the pharmaceutical industry in developing countries such as Indonesia, India, Brazil, and China. Further, there is a lack of local manufacturers of dry vacuum pumps in developing economies, with the top manufacturers based in Japan, the U.S, Germany, and certain other European countries.

This scenario presents lucrative growth opportunities for global manufacturers of dry vacuum pumps to establish production facilities in developing economies. Setting up bases in developing regions will help manufacturers benefit from better economies of scale, given the low production and labour costs in developing countries.

Low-cost Chinese Products and Lack of Skilled Labour in Developing Regions to Restrict Revenue Growth of the Global Dry Vacuum Pumps Market

The global market for dry vacuum pumps is disrupted by several players from China who offer products at very low prices. Owing to the increasing price pressure from these companies, leading global players are striving to offer high-quality dry vacuum pumps that are more reliable and efficient at highly competitive prices.

This price-sensitive nature of the global market is expected to restrain revenue growth in the coming years. The dry vacuum pumps markets in the Latin America and SEA regions suffer from a very high dependency on imports from other regional markets, owing to a lack of talented and experienced local vacuum technology professionals. This is leading to a stagnancy in revenue growth of the global dry vacuum pumps market to a certain extent.

Market Key Players

Some of the prominent players reported in this study of the global dry vacuum pumps market include EBARA CORPORATION, Pfeiffer Vacuum GmbH, Atlas Copco AB, Gardner Denver, Inc., ULVAC, Agilent Technologies, Becker, BUSCH and VACUUBRAND GMBH + CO KG, among others.

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse All Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

Over the past few years, the adoption of electric vehicles (EVs) such as battery electric vehicle (BEV) and plug-in hybrid electric vehicles (PHEV) in developed countries such as, North America and Europe has increased multi-fold. While these developments are being directed for the greater good of harnessing solar energy to power automobiles, they have incidentally curbed the demand for automotive ignition coils. Government initiatives, strengthening transportation infrastructure and decreasing battery prices serve as proponents of EVs, but also impede the demand for ignition coils as they are not utilized to power electric cars.

Future Market Insights’ latest report on global automotive ignition coil market projects that increasing demand for electric vehicles, which do not require ignition coil, will restrain the market to grow at greater pace. The report reveals that the market is presently valued at an estimated US$ 2.46 Bn, and will soar at a modest CAGR of 4.5% to reach US$ 3.8 Bn value by the end of 2026. Nevertheless, leading automakers in the world will continue to count upon automotive ignition coils for improving efficiency of their automotive offerings.

Key players that will be actively participating in the growth of global automotive ignition coil market include, Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co., Ltd., BorgWarner Ludwigsburg GmbH, Valeo SA, Robert Bosch GmbH, Delphi Automotive PLC, Hitachi Automotive Systems Americas, Inc., Mitsubishi Electric Corporation, Standard Motor Products, Marshall Electric Corp, and AcDelco.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2055

Future Market Insights forecasts that the global sales of automotive ignition coil is estimated to be nearly US$ 2,550 Mn in the year 2017 and is projected to be valued at close to US$ 3,820 Mn by the year 2026, registering a CAGR of 4.5% during the forecast period. The global automotive ignition coil market is projected to represent an incremental dollar opportunity of nearly US$ 1,400 Mn between 2016 and 2026.

Moreover, adoption of automotive ignition coils is also expected to soar owing to their compliance to stringent fuel efficiency & emission norms. In addition to this, new product development and strategic partnerships with OEMs will be observed as lucrative opportunities for automotive ignition coil businesses across the world. Ignition coil manufacturers entering long-term contracts with OEMs for ensuring continued business consolidation will also help them reduce production costs and increase profit margins. Over 90% of the market’s value is accounted by sales of automotive ignition coils through OEMs.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-2055

Market segmentation

Product Type

• Can-type Ignition Coil
• Electronic Distributor Coil
• Double Spark Coil
• Pencil Ignition Coil
• Ignition Coil Rail
• Others

Vehicle Type

• Passenger Cars
• LCV
• HCV

Sales Channel

• OEM
• Aftermarket

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Middle East & Africa
• Japan

Engine downsizing also plays a crucial role in increasing the overall fuel efficiency of the vehicle by reducing its overall weight. Modern engines are more compact and require efficient components that occupy the least space inside an engine’s assembly. In 2017 and beyond, the demand for double spark ignition coils will remain considerably high. During the forecast period, over 50% of global automotive ignition coil revenues will be accounted by sales of double spark coils.

Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/2055

On an average, sales of compact or mid-size cars account for 55%-63% share of global car sales. Thus, this segment offers lucrative opportunities for deployment of automotive ignition coils. By 2026-end, over three-fourth of global sales of automotive ignition coils will be accounted by passenger cars, revenues from which are expected to soar at 4.8% CAGR. The report also includes regional analysis of global automotive ignition coil market, which indicates APEJ (Asia-Pacific excluding Japan) region as the largest market for automotive ignition coils. Contribution of APEJ countries towards global automobile production is cited as a key factor for recording highest sales of ignition coils. The automotive ignition coil market in Middle East & Africa is also expected to remain lucrative, showcasing revenue growth at 5.1% CAGR.

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
LinkedIn| Twitter| Blogs

The global air separation plant market enjoys a valuation of US$ 5.9 Bn and is projected to expand at a CAGR of 5% to attain a net worth of US$ 7.9 Bn by the end of 2028. Strong demand for air separation plants in the healthcare industry is expected to be a prominent trend favouring overall market growth across regions.

The global market for air separation plants will be worth $7,891.1 Mn by 2028, growing at a steady CAGR of 4.9 percent, with China accounting for the lion’s share of the global market in the coming decade.

Furthermore, many industrial activities are shifting toward high-purity gases, boosting innovation in the air separation plant market. Chemical properties such as reactivity and physical properties such as density, boiling point, and vapour pressure make these gases suitable for use in a variety of industries—they are known as fuel gases, medical gases, refrigerant gases, or speciality gases depending on the industry.

Sample Report Request: https://www.futuremarketinsights.com/reports/sample/rep-GB-2886

An Overview of the Global Air Separation Plant Market

A large share of the market revenue is likely to be generated by the chemical, iron and steel, healthcare, and food and beverage industries. Air separation plants are used for separating atmospheric air into industrial gases, including nitrogen, oxygen, argon, and other inert gases. Increasing demand for such industrial gases will create opportunities for the air separation plant market to grow in the coming years.

The food and beverage industry’s growing emphasis on gas packaging, rapid refrigeration, and freezing technologies is driving up demand for liquid nitrogen freezing.Several air separation plant manufacturers are specifically launching units for gas-related products in the food industry. Additionally, demand for medical gases and equipment like infusion pumps and continuous positive airway pressure (CPAP) devices in hospitals and private homes will ramp up investments in the air separation plants market in the coming years.

Growing Demand for Pure Gases Augments Adoption of On-site Air Separation Plants

In lieu of growing demand for on-site gas generation for environmentally friendly operations, key players in the air separation plant market are catering to the diverse needs of several industries looking for volume and purity with customizable on-site production solutions. An on-site air separation plant enhances energy efficiency, boosts product quality, and increases throughput. Modular configuration, designed with backup systems, and easy installation and integration are some of the factors pushing the adoption of on-site air separation plant technologies—offering a highly reliable source of energy.

Request the PDF Brochure here: https://www.futuremarketinsights.com/reports/brochure/rep-gb-2886

Customized solutions, mergers and acquisitions, and divestitures are the key strategies driving the global air separation plant market.

Top players operating in the global air separation plant market are focusing on strategic mergers and acquisitions to expand their businesses in regions with high industrial growth. Manufacturers are also empowering end-users with innovations and digitization in air separation plants for increased operator comfort and protection. Market players are customising air separation plants in order to meet specific customer demands in terms of gas volume and purity. For instance, Linde AG serves a major share of customers looking for customised solutions owing to their worldwide presence and vast experience in engineering and operation of customised air separation plants.

However, factors such as high capital costs associated with setting up air separation units and cyclical fluctuations in end-user markets could negatively impact the growth of the air separation plant market, in terms of market volume. Mature markets in Japan are likely to reduce air separation plant deployments in the coming years.

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse All Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026.’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global hybrid vehicles market for passenger cars is estimated to be valued at US$ 54.7 Bn by the end of 2016. Japan is estimated to account for a value share of 48.1% in the global hybrid vehicles market by 2016 end, and it is anticipated to retain its dominance throughout the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-43

Global Hybrid Vehicles Market: Factors Influencing Revenue Growth

The hybrid vehicles market is driven by various factors such as better fuel efficiency, incentives & subsidies offered by governments, rising prices of petroleum products, and reduction in air pollution, among others. Hybrid vehicles have better fuel efficiency than conventional vehicles, as apart from using IC engines, hybrid vehicles also use energy stored in a battery, which uses 80% of the energy for driving the vehicle, owing to the higher efficiency involved in converting the chemical energy of batteries into electrical energy. Using battery energy also minimizes the harmful carbon emissions involved with IC engines. Apart from this, various government authorities provide subsidies and incentives to the owners of hybrid vehicles. For instance, in China, the government offers subsidies ranging from US$ 6,750 to US$ 14,000, depending upon the size of the battery pack, to every purchase of a hybrid or electric vehicle. Cities such as Beijing and Shanghai offer free registration plates for electric hybrid vehicles.

The insufficient number of public charging stations hampers the growth of the plug-in hybrid vehicles sector, though portable charging systems are provided by manufacturers, which can be used at home or at the workplace. But while travelling between cities or during an emergency situation, this can cause difficulty to the consumers. Therefore, to fully explore the potential of plug-hybrid vehicles, a sufficient number charging stations are required, which will enhance the market for plug-in hybrid vehicles.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-43

Segmental Analysis of the Hybrid Vehicles Market

The hybrid vehicles market is segmented on the basis of product type, vehicle type, engine type, and powertrain configuration.

• The hybrid electric vehicles segment is anticipated to continue to dominate the market in terms of value over the forecast period. The hybrid electric vehicles segment is estimated to grow at a significant CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 297 Bn between 2016 and 2026.
• The power split hybrid vehicles segment is projected to be the most prominent powertrain configuration in the hybrid vehicles market. The power split hybrid vehicles segment is estimated to grow at a significant CAGR of 22.7%, in terms of value, over the forecast period. The market for power split hybrid Vehicles is driven by the benefits they offer over parallel and series hybrid vehicles.

Hybrid Vehicles: Regional Market Projections

The hybrid vehicles market in Japan is expected to represent a significantly higher incremental opportunity between 2016 and 2026. The market for hybrid vehicles in Japan is expected to represent a total incremental opportunity of US$ 241 Bn between 2016 and 2026.

Key segments covered in the hybrid vehicles market report

On the basis of product type, the hybrid vehicles market can be segmented into:

• Hybrid Vehicles
• Plug-in Hybrid Vehicles

On the basis of vehicle type, the hybrid vehicles market can be segmented into:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

On the basis of engine type, the hybrid vehicles market can be segmented into:

• Parallel Hybrid
• Series Hybrid
• Power Split Hybrid

On the basis of powertrain configuration, the hybrid vehicles market can be segmented into:

• Gasoline Electric
• Diesel Electric

On the basis of region, the hybrid vehicles market can be segmented into:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa (MEA)

Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/43

Hybrid Vehicles Market: Key Participants

The report highlights some of the top companies operating in the hybrid vehicles market, such as Ford Motor Company, General Motors Company, Honda Motor Co., Ltd., Daimler AG, Volkswagen AG, Renault SAS, Toyota Motor Corporation, Nissan Motor Corporation, Mitsubishi Motor Corporation, Hyundai Motor Company, and Bayerische Motoren Werke AG (BMW).

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
LinkedIn| Twitter| Blogs