United Kingdom Precision Farming Market To Be Dominated By Hardware Segment Till 2027

 Growing digitization in the agricultural sector along with the growing demand for quality Agri food products is expected to drive the demand for United Kingdom precision farming market in the forecast period, 2023-2027. 

According to TechSci Research report, “United Kingdom Precision Farming Market By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom precision farming market is expected to register significant growth and grow with an impressive CAGR during the forecasted period, 2023-2028. With the rapid urbanization across the United Kingdom, the farmers in the region are becoming more prone to smartphones, the internet, and other intelligent mediums to gain insights about the latest techniques and developments in the agriculture sector. As a result, farmers are intensively opting for technologically advanced farming techniques such as precision farming which help them in determining the suitable time and conditions for plowing and harvesting by placing sensors throughout the farm. These sensors are connected with digital applications installed in smartphones, laptops, or tablets and record rainfall and soil health, and predict weather conditions, thereby helping farmers utilize the right amount of inputs in the right place at the right farming area. In addition to this, the European Union has also extended financial support to the farmers so that they can easily invest and adopt precision farming techniques, which is further augmenting the growth of the United Kingdom precision farming market. Furthermore, precision farming also helps in measuring the environmental footprint of using harsh chemicals and pesticides in the soil. This encourages farmers to comply with good farming standards. Apart from this, the use of precision farming is not limited to industrial agriculture only, organic farming or any other agro-ecological approach can utilize precision farming tools to enhance farm management.

Moreover, the growing concerns of the consumers towards the quality of agricultural food products, along with the propelling demand for organic food products, is also adding to growth of United Kingdom precision farming market. Precision farming enhances food safety and provides a digitalized roadmap of Agri food product's life cycle from farm to fork.

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The United Kingdom precision farming market is segmented on the basis of offering, technology, application, regional distribution, and company. Based on offering, the market is bifurcated into hardware, software, and services, among which the Hardware segment is anticipated to lead the market over the upcoming five years. With the increasing adoption of automation and control instruments such as drones, remote sensors, yield monitors, GPS/GNSS, drainage controllers, guidance, and traction control equipment, the hardware segment will continue to dominate the market over the coming years.

By technology, the market is divided into guidance technology, remote sensing technology, and variable rate application. Among these, the guidance technology segment is expected to grow with the highest CAGR during the forecasted period. Due to the early introduction of Guidance technology, it captured the biggest market portion. A GPS/GNS, receiver, antenna, DGPS, control, guide & steering are the primary components that are required in the guidance technology system. This technology is applied to tractors, combines, and several other pieces of farm equipment to assist farmers by automatically steering the equipment to the desired location guided by GPS. GPS-based management technologies allow farmers to protect overlapping of tractor passes and reduce work time and soil compaction.

Based on the application, the market is fragmented into yield monitoring, crop scouting, field mapping, weather tracking & forecasting, farm labor management, and others. The yield monitoring segment is expected to lead the United Kingdom precision farming market over the projected period. This application is widely adopted because yield monitoring utilizes GPS technology and physical sensors to gain valuable insights about the soil, crop, grain moisture, combined speed, and other relevant information, which is essential for a crop to grow healthy. It also allows farmers to effectively deal with climate-related disasters and facilitates improved food security and decision-making in agriculture.

Major market players operating in the United Kingdom precision farming market are:

• John Deere Limited
• AGCO Corporation
• Nesta UK
• Allflex UK Group Limited
• LH Agro (UK) Limited
• AS Communication (UK) Limited
• Proagrica, part of RELX Group

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“The growing penetration of Internet of Things (IoT) in precision farming techniques is taking digitization in agriculture to extremely competitive landscape. Along with IoT, numerous other technologies such as cloud computing, drones, GPS are being launched concurrently, which is boosting the United Kingdom precision farming market. To fuel the market further, European Union is extending financial support to farmers so that they can diversify their investments in precision farming techniques and produce high quality yield. The new market players are advised to invest in the research and development of farming equipment that are cost-effective and are easy to operate, in order to establish their brand in the market”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United Kingdom precision farming Market By Offering (Hardware, Software, Services), By Technology (Guidance Technology, Remote Sensing Technology, Variable Rate Application), By Application (Yield Monitoring, Crop Scouting, Field Mapping, Weather Tracking & Forecasting, Farm Labor Management, Others) By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of United Kingdom precision farming market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom precision farming market.

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Safety Clamp Market Projected to Register a Robust Growth Through 2027

Growing need to enhance safety during oil exploration activities to drive the growth of the global safety clamp market.

According to TechSci Research report on, “Safety Clamp market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global safety clamp market is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the increase in oil & gas exploration activities and enhanced focus of organizations on improving the safety of operators engaged in drilling. Safety clamps serve as a backup safety mechanism to guard against dropping flush-joint pipe, streamlined drill collars, etc. and provide more control in case of component failure during downhole operations. Rapid urbanization and industrialization have led to a surge in need for energy. Hence, power generation companies are continuously exploring new offshore and onshore locations to fulfill the growing energy needs for domestic and industrial purposes. Various industry players are striving to perform research & development activities and advancing drilling equipment to maximize their output, which is expected to contribute to the global safety clamp market growth. Besides, market players are involved in research & development to improve the quality and efficiency of safety clamps. Emergence of new varieties of safety clamps by market players to further enhance the efficiency of drilling operations is expected to boost the growth of safety clamp market in the coming years. New rules and standards issued by OSHA to regulate the safety of workers involved in drilling process is further expected to fuel the demand for safety clamps, which is anticipated to boost their market growth.

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The global safety clamp market is segmented on the basis of type, product type, location, and region.

Based on the product type, the market is further divided into tubing and casing. The casing segment is expected to hold the largest share in the global safety clamp market, owing to their greater adoption for creating a uniform gripping pressure to prevent risks of crushing thin wall pipes. Casing safety clamp acts as individual gripping member to hold down against floatation of surface pipe while cementing. However, these safety clamps are used in conjunction with slips and are not designed to hold or hoist the string weight.

Based on product type, the market is divided into Type T, Type C, and Type MP. The Type MP segment is anticipated to hold the largest share in the market during the forecast period. The Type MP segment is designed to offer significant flexibility as they are adjustable to a variety of tubular. Hence, Type MP is being widely utilized by oil and gas companies to carry out different gripping functions with the same kind of tool.

Based on location, the market is bifurcated into onshore and offshore. The offshore segment is expected to hold the largest share in the global safety clamp during the forecast period, owing to the advancement in drilling technologies like vertical and horizontal drilling. Besides, an increase in investments by various countries across the world to discover new oil reserves are aiding the market growth.

A list of major market players of the global safety clamp market includes: 

• Texas International
• Janki Oil Tools
• Autobahn Industries
• Keystone Pipe Handling Tools
• Premium Oilfield Technologies
• General Petroleum Oil Tools
• FYPE Rigid Machinery Co. Ltd.
• Alco Group
• Shaanxi Gaoton Highlong Machinery Co. Ltd.
• Rbdxki Co. Ltd.

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“Rising number of deep-water and ultra-deep-water oil and gas excavation activities to extract hydrocarbons essential for energy generation in counties such as Nigeria, Brazil, Saudi Arabia, etc. are anticipated to fuel the growth of the global safety clamp market. Furthermore, shifting focus of oil and gas companies on shale gas reserves and other unconventional oil fields are likely to propel the market growth. Various companies are focusing on the organic and inorganic growth strategies for finding lucrative growth opportunities in the forecast period, which is expected to drive the global safety clamp market.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

“Safety Clamp market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (Tubing, and Casing), By Product Type (Type T, Type C, Type MP), By Location (Onshore, Offshore) and By Region” has evaluated the future growth potential of global safety clamp market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global safety clamp market.

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Electrified Road for Electric Vehicle Charging Market Projected to Register an Impressive Growth Through 2027

 Rising penetration of electric vehicles to drive the growth of the global production software market.

According to TechSci Research report on, “Electrified Road for Electric Vehicle Charging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2027”, the global electrified road for electric vehicle charging market is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the increasing penetration of electric vehicles and lack of electric vehicle charging infrastructure across the world. Besides, growing technological innovations in the electrified roads and enhanced focus of governments for boosting electrification in the country are some of the factors fueling the growth of the electrified road for electric vehicle charging market. Electric roads supply vehicles with electricity to power them and charge them while they are in motion. With electric roads, electric trucks and buses would not require to be charged frequently since the electrification ensures heavy long-distance road freight. Some other advantages of electrified roads are reduced dependence on fossil fuels, lower greenhouse gas emissions, air pollution, noise in urban areas, and enhanced energy efficiency. In Sweden and Norway, researchers, businesses, and public sectors are collaborating for implementation strategies, operations, and maintenance standards for greater acceptance of electric roads. Installing electric road technology on all European and National roads in Sweden could reduce carbon emissions from heavy traffic by approx. 60%, which would lead to cleaner air and reduced noise pollution. Large-scale deployment of electric roads could also lead to significant gains in terms of cost of energy used in the transport sector. Hence, rising investments by government and private players to develop electrified roads across the globe are anticipated to propel the growth of electrified road for electric vehicle charging market in the coming years.

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“Ever since the introduction of groundbreaking in-road wireless charging technology, several companies are working towards implementing it in a real-setting. Several pilot projects for electrified roads are currently underway across different parts of North America and Europe. Many research institutes are also finding solutions to make electrified roads as sustainable and efficient as possible and move the electrification revolution to mass implementation. The The Sweden government is planning to use the Electreon technology to electrify more than 3 thousand miles of high-speed highways at the cost of USD3 billion. Even the Israeli government is planning to invest USD3.3 million in electrified roads by gradually expanding deployment of the coils to specified land around the city of Tel Aviv. Hence, increasing investments by the government to electrify roads for facilitating electric vehicle charging are expected to fuel the market growth in the coming years.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

A list of major market players of the electrified road for electric vehicle charging market includes:

• Siemens AG
• Scania AB
• Elonroad
• Vattenfall
• Sytner Group Limited

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“Electrified Road for Electric Vehicle Charging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” has evaluated the future growth potential of global electrified road for electric vehicle charging market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electrified road for electric vehicle charging market.

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Global Precision Fermentation Market to Grow with a CAGR of 38.73% through 2027

 Environmental benefits, growing adoption of being vegan, decreasing dependency on animal-based food are driving demand for dental bone grafts during the forecast period of 2017-2027.

According to TechSci Research report, “Precision Fermentation Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”, the Global Precision Fermentation market stood at USD 293.75 in 2021 and is anticipated to grow with a CAGR of 38.73% in the forecast period, 2024-2027. The major factors driving the growth of Precision Fermentation Market include decreasing dependency on animal-based food, growing adoption of being vegan, Cultured meat production.

Precision Fermentation is microorganisms' genetic modification and fermentation to create organic molecules. The products produced through the process will be cheaper in the future than those produced from animals. Precision fermentation does not depend upon climatic changes. The food items produced from precision fermentation are regulated like any other food ingredient. As these products are animal-free, vegans still have some allergen capabilities due to their animal counterparts.

Many startups are investing in precision fermentation. These startups include Israel’s Remilk and Imagindairy, Estonia’s ProProtein, the UK-based Better Dairy, and German operation Formo. Berlin-based Formo invested USD50 million to form lab-grown dairy products in September 2021. Companies are investing in precision fermentation because this process can create many complex organic molecules without incorporating animals. The US Department of Agriculture was the first government to invest USD10 million in Tuft’s University to scale up cellular food production in October 2021. Between 2018 and 2020, the Good Food Institute, a non-profit institute in Washington DC, dispensed almost US$3 million in supporting fundamental research on scaling.

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The Global Precision Fermentation Market is segmented into Ingredient Produced, Microbes, End User Industry, Region, and By Company.

The market is segmented into Whey & Casein Protein, Egg White, Collagen Protein, Heme protein and Others based on ingredient produced. In 2021, Whey & Casein protein segment holds the major revenue share i.e., 42.68%. Whey & Casein protein is majorly used in the production of dairy products and this process is significantly involve in the production of dairy products. Heme Protein is the fastest growing in forecast years due to the growing adoption of being vegan.

The market is classified into three categories based on the microbe: Yeast, Algae, Bacteria. With a market share of 46.47% in 2021, the yeast is dominating the Global Precision Fermentation Market. The products made by the procedure of precision fermentation are mostly by the help of yeast because it doesn’t require specific environmental condition for its growth and yeast is anaerobic. Followed by algae, for some products algae is also used to produce by precision fermentation.

Based on regional analysis, in terms of revenue share in 2021, North America dominated the global precision fermentation market with the market share of 47.26%. Because the startups doing the process to produce dairy products and protein are mainly North America based. North America account major share also due to the highest investments in the region.

The leading companies operating in the Global Precision Fermentation Market are:

• New Culture Inc
• Perfect Day, Inc
• Triton Algae Innovations
• Change Foods, Inc
• Remilk
• Impossible Foods Inc.
• Motif FoodWorks, Inc
• Formo Bio Gmbh
• The Every Company
• Geltor, Inc
• Better Dairy

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“Global Precision Fermentation Market will see a robust growth during the forecast period of 2017-2027. The market of precision fermentation is expected to develop because people are more concerned regarding the treatment of animals in slaughterhouse, nowadays. Due to that people are focused on the production of food which doesn’t require the use of animals.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Precision Fermentation Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028, Segmented By Ingredient Produced (Whey & Casein Protein, Egg White, Collagen Protein, Heme Protein, Others), By Microbe (Yeast, Algae, Bacteria, Others), By End User Industry (Food & Beverage, Pharmaceutical, Cosmetic, Others), By Region”, has evaluated the future growth potential of Global Precision Fermentation Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Precision Fermentation Market.

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India Airbag Market to Grow At 30.98% CAGR In Value Terms By 2028

Increasing preference for a used car as it is very cost-effective compared to a new car is expected to drive the India airbag market through 2028.

According to TechSci Research report “India AirBag Market By Vehicle Type, By Region, and By Competition Forecast & Opportunities, 2018- 2028F”, India airbag market stood at USD 921.91 million in the year 2022 and is estimated to reach USD7271.82 million by 2028, growing at a CAGR of 30.98% during the forecasted period. The rising consumer preference for luxury and premium cars equipped with advanced safety features has made the car manufacturers install airbags and other safety norms in the car. The government also has stringent safety policies for car manufacturers and made it mandatory to have at least six airbags in a car. The increasing per capita income and growing demand for personal vehicle has also driven the country’s airbag market. The increase in off-roading and sporting activities across the country has also risen the need for a safer drive and consumers have started to prefer vehicles which are equipped with airbags and has all other safety norms in it. These all factors are driving the airbag market in a positive way.

In India, airbags have been made compulsory in the vehicles on the driver’s side since 1997, by the Government of India and the Union Ministry of Roads. In July 2019, the Government of India has issued a notification in which airbags have been made mandatory for the passenger seated in the front of a vehicle. These airbags have been made compulsory in vehicles by the Government of India to reduce the impact of a frontal and lateral collision on the driver and passenger seated on both rear and front seats. Moreover, in eight-seater vehicles minimum six airbags have been made compulsory by the government in the year 2019. By seeing all rules and regulations nowadays, most of the vehicle manufacturers have started to install two-side torso airbags and two-side curtain/tubes to provide the ultimate safety to the passengers across all segments. 

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The India airbag market has been segmented based on vehicle type, by airbag type, and by demand category, by region. In terms of vehicle type, the India airbag market is segmented into hatchback, SUV & MPV, sedan, and LCV. In India, the automotive production is dominated by hatchback vehicles. Most of the hatchbacks produced by automotive manufacturers have a single or double airbag in their expensive vehicle variants.  Under the vehicle type segment, hatchback has dominated the market with a total share of 47.15% and followed by SUV & MPV with a share of 29.92%.

In terms of airbag types, the Indian airbag market is segmented into front airbag, knee airbag, and curtain airbag. In India, more than 3 million units of cars are produced every year and the automotive market is a hub for passenger car production. The growing income and urbanization have given a boost to the purchasing power of the consumers. Buyers are looking for the safer car option in the market due to which the demand for vehicles with safety features has increased and the sales of the passenger cars with advanced safety features have increased in the market. The standard of living of the people is improving as their income is increasing and because of this their interest in safer and premium cars for commuting is also getting developed. Furthermore, consumers are looking for preinstalled or aftermarket airbag-fitted cars.    

As a measure to counter the spread of the COVID-19 pandemic, many countries across the globe faced lockdown in the second and third quarters of 2020, due to which the sales of new cars (hatchback, SUV&MPV, sedan) went down. and consequently, the demand for airbags were also down. As the automotive manufacturing plants were closed and the production was stopped for some time, the airbag manufacturers faced many difficulties to sell the airbags, as the aftermarket demands for the airbags was very low.

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Some of the major players operating in the India airbag market are Toyoda Gosei Minda India Private Limited, Autoliv India Private Limited, Rane TRW Steering Systems Limited, Takata India Private Limited, Mobis India Limited, Ashimori India Private Limited, Denso International India Pvt. Ltd., Bosch Limited, Continental India Private Limited, and Daicel Chiral Technologies India Private Limited.  Apart from these companies, local unorganized car parts dealers are also increasing their marketing activities and enriching their product portfolio in the country to increase their customer outreach.

“In 2021, North India accounted for the largest share i.e., 29.66% in the India airbag market. The northern region is expected to maintain its dominance over the next five years with a market share of 30.91%. Rising demand for the advanced safety vehicles, increasing passenger car production, stringent government policies, rising income, and growing demand have increased sales of airbags in the market as the automotive manufacturers are using more airbags now”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Airbag Market By Vehicle Type (Hatchback, SUV/MPV, Sedan), By Airbag Type (Front Airbag, Knee Airbag, Side Airbag, and Curtain Airbag), By Region, By Company (2021), Forecast & Opportunities, 2017- 2027F, has evaluated the future growth potential of India airbag market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India airbag market.

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Wallbox Electric Vehicle Charger Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

 The increasing sales of electric vehicles and the rising government support to propel the adoption of electric vehicles are primarily driving the growth of global wallbox electric vehicle charger market.

According to TechSci Research report on, “Wallbox Electric Vehicle Charger Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global wallbox electric vehicle charger market is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the increasing sales of electric vehicles, which has accentuated the need for wallbox electric vehicle chargers. The electric vehicle manufacturers are investing heavily in electric vehicle charging tools and infrastructure to offer efficient charging systems. Moreover, the cost of maintaining electric vehicles is lower than the traditional petrol/diesel cars. Apart from this, the depleting non-renewable resources are adding to the need for electric vehicles. In addition, with the rising carbon footprints from the conventional ICE combustion vehicles, the governments of several nations are introducing favorable initiatives to proliferate the adoption of electric vehicles and home wallbox charger units to curb the emission levels. Vehicles are the primary contributor to air pollution as they generate significant amounts of particulate matter, nitrogen oxide, and carbon monoxide. The growing adoption of electric vehicles will help in curbing greenhouse gases and carbon emissions along with saving non-renewable resources. Besides, the electric vehicle wallbox charger facilitates safer charging because these chargers automatically test the connection between the car and the device before starting the charging event. Moreover, safety can be increased with dynamic load management if there are multiple charging points in the same property. Additionally, the wallbox electric vehicle charger enables much faster charging. For instance, electric cars with an average battery capacity of 55kWH need to be connected to the electric vehicle charger for approximately 24 hours to be charged from the minimum level to the maximum level. As a result, the global wallbox electric vehicle charger market holds a huge potential and is anticipated to grow at a rapid pace in the coming years.

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The global wallbox electric vehicle charger market is segmented by product type, end use, competitive landscape, and regional distribution. Based on the product type, the market is bifurcated into AC type 1 wallbox charger and AC Type 2 wallbox charger. Among these, the AC Type 2 wallbox charger segment is anticipated to hold a significant market share. This type of charger is considered to be the most versatile and cost-effective electric vehicle charger. The type-2 charger has both single-phase (7.4 KW) and three-phase (22KW) variants. AC type 2 charger provides power to the onboard charger of the vehicle, which helps in converting the AC power to DC power and recharging the battery. Type-1 wallbox charger features a single-phase plug and can charge up to 7.4 kW, whereas Type 2 wallbox charger is a triple-phase plug and can charge at a level of up to 43 kW. Moreover, the type 2 charger has become a standard charger from 2018 onwards, particularly for vehicles across Europe and Asia.

By end user, the market is divided between residential and commercial. Among these, the residential segment is projected to hold a considerable market share over the forecast years. This is primarily because the procedure of installing a wallbox charger in a commercial space is more complex than the residential locations. A commercial installation requires permits, community guidelines, electrical source or metering, zoning requirements, and inspection fees. As a result, the number of wallbox electric vehicle chargers is more in the residential segment as compared to the commercial segment.

A list of major market players of the global wallbox electric vehicle charger market includes:

• Wallbox AB
• E-Station
• BJA trading group (Sevadis)
• Enel X S.r.l.
• Lectron electric vehicle.
• LUAO
• ChargePoint
• United Chargers Inc.
• Enphase Energy, Inc. (Clipper Creek)
• Tesla Inc.
•  

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“Governments of various nations are offering subsidies, rebates, fixed quotas, and tax exemptions to electric vehicle manufacturers in order to increase the adoption of electric vehicles. This eventually is augmenting the need for wallbox electric vehicle chargers. Moreover, stringent regulations by the concerned authorities regarding vehicle emissions have pushed consumers to opt for electric vehicles. Apart from this, the leading market players are increasingly introducing technologically advanced products, which is providing a thrust to the market. For instance, KEBA has recently launched 1.9.2 wall box software which will have OCPP 1.6 control options via web interface. New market players are advised to introduce chargers that match the standards set by the government. Also, offering the installation of wallbox electric vehicle chargers at a low cost can be a viable strategy to attract a larger customer base, which is expected to boost the growth of the global wallbox electric vehicle charger market.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

 

“Wallbox electric vehicle charger Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (AC Type 1 Wallbox Charger, AC Type 2 Wallbox Charger), By End Use (Residential, Commercial), By Region (North America; Europe; Asia Pacific; Rest of the World) and By Region” has evaluated the future growth potential of global wallbox electric vehicle charger market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global wallbox electric vehicle charger market.

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Automotive E-Horizon Market Anticipated to Register an Impressive Growth Through 2027

Enhanced focus of auto manufacturers on reducing car accidents with innovative systems and enhance fuel-efficiency is expected to drive the global market for automotive e-horizon over the forecast period.

According to TechSci report on, “Automotive E-Horizon Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global automotive e-horizon market is anticipated to witness robust CAGR over the forecast period 2023-2027. Rapidly expanding automotive industry is fueling the growth of the automotive e-horizon content and services across the globe. Moreover, with the growing purchasing power of consumers, the sales of all vehicle types, i.e., electric, ICE and autonomous, have proliferated over the recent years. This has eventually increased the adoption of automotive e-horizon by several automakers. Furthermore, the rising incidences of road accidents have pushed the product demand as the e-horizon system helps in predicting the future hazard, if any, by analysing the road surface and weather conditions. The United States is one of the busiest countries in term of road traffics, with approximately 284 million vehicles on the road as of the third quarter of 2020. The road-related severe injuries recorded in June 2019 were nearly 2.74 million in USA. As a result, the top automobile manufacturers are increasingly incorporating e-horizon systems to curb the incidences of road accidents. Besides, the rising level of carbon and greenhouse emissions from vehicles is acting as an alarming concern for the environment. Moreover, the growing scarcity of fuel is also increasing the dependence on the e-horizon system as it helps in saving fuel by consuming less fuel through predictive driving based on up-to-the-minute data for the route ahead. In addition, this system facilitates longer ranges for hybrid and electric vehicles by optimizing the energy management system. As a result, the global market for automated e-horizon holds a huge potential and is anticipated to grow at a rapid pace in the coming years.

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The global automotive e-horizon market is segmented by ICE vehicles (excluding autonomous), electric vehicles (excluding autonomous), autonomous vehicles, competitive landscape, and regional distribution.

ICE vehicles are anticipated to hold a significant market share in the coming years. This is primarily due to the growing presence of ICE vehicles on the road, compared to electric and autonomous vehicles. Rising concerns towards the rising number of road accidents are also proliferating the adoption of automotive e-horizon systems. Moreover, the increasing greenhouse and carbon emissions from the ICE vehicles are adding to the demand for automotive e-horizon systems. This system optimizes the performance of the vehicle by providing the correct route with real-time data related to traffic and weather conditions, thereby saving time and fuel and resulting in less greenhouse gas emissions.

The integration of e-horizon in autonomous vehicles will work as leverage in increasing trust and reliability in automated car systems. This software helps in building trust by directing the car what lies ahead of the road so that the autonomous car can drive better on its own. By combining e-horizon content and services, vehicle manufacturers can deploy a complete and future-proof location solution for the car.

A list of major market players of the global automotive e-horizon market includes:

• Continental AG
• Robert Bosch GmbH
• HERE

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“The global automotive e-horizon market is consolidated between the three top leading companies, Continental AG, Robert Bosch GmbH, and HERE. The technological advancements by these companies and the introduction of advanced e-horizon content and services are expected to support the market growth. For instance, the introduction of Electronic Horizon by HERE creates a simple representation of the route ahead – with a range of a few hundred meters to several kilometers. Then, it transmits the information of that route to the vehicle’s advanced driver assistance systems (ADAS), which optimizes the performance of the engine and enhances the safety of the passenger and the vehicle by accurately predicting the upcoming events. Moreover, the increasing support by the government for an optimized driving style that would help in minimizing the vehicle’s fuel consumption and environmental footprint is further expected to boost the market growth.,” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

“Automotive E-Horizon Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Segmented By ICE Vehicles (Excluding Autonomous), Electric Vehicles (Excluding Autonomous), Autonomous Vehicles and By Region” has evaluated the future growth potential of global automotive e-horizon market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global automotive e-horizon market.

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Portable EV Chargers Market to be Dominated by Europe Region through 2027

 

Rising sales of electric vehicles and emergence of innovative portable EV chargers are expected to drive the demand for the global portable EV chargers market in the forecast period, 2023-2027.

According to TechSci Research report, “Portable EV Chargers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global portable EV chargers market is expected to register growth at a formidable rate during the forecast period. The market growth can be attributed to the rising penetration of electric vehicles across the globe and emergence of innovative portable electric vehicle chargers by key players. Besides, growing awareness among consumers regarding vehicular emissions and supportive government initiatives are contributing to the increased adoption of electric vehicles, which in turn, is anticipated to fuel the demand for portable electric vehicle chargers. Additionally, lack of electric vehicle charging stations and growing need to charge electric vehicles fast are supporting the growth of the global portable EV chargers market. Portable electric vehicle chargers are easy to install and require less maintenance when compared to other types of chargers as they just required to be plugged into an electric vehicle to charge its battery. Roadside assistance companies are rapidly adopting portable electric vehicle chargers to provide charging services for electric vehicles owners stranded on the side of road due to less battery. Besides, portable electric vehicle chargers are being increasingly employed for providing power for emergency vehicles, such as ambulances or fire trucks when the grid is down. Hence, increasing use of portable chargers for domestic and commercial applications is expected to boost the growth of the global portable EV chargers market in the coming years.

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The global portable EV chargers market is segmented into product type, vehicle type, and region.  

Based on product type, the global portable electric vehicle chargers market is bifurcated into AC charger and DC charger. The DC portable electric vehicle chargers segment is expected to register the highest growth in the forecast period. DC chargers are being widely used to provide emergency and/or convenience charging to charge batteries in a short span of time. Many electric vehicles are capable to be charged approx. 80% in about or under an hour using the most currently available DC fast chargers. Drivers are increasingly opting for DC portable electric vehicle chargers for high mileage/long distance driving and large fleets to recharge batteries during the day or on a small break as opposed to keep the vehicle plugged in overnight. Hence, the growing need to charge vehicles fast and avoid range anxiety are expected to fuel the segment growth. 

Based on vehicle type, the market is divided into two-wheeler, passenger car, and commercial vehicle. The passenger car segment is expected to hold the largest share in the global portable EV chargers market, owing to the increasing penetration of electric vehicles for personal use, owing to the enhanced environmental awareness and fluctuating gas prices. However, the commercial vehicle segment is anticipated to register the fastest growth during the forecast period, owing to the increased adoption of portable EV chargers by roadside assistance companies, shared fleet operators, etc.

Major market players operating in global portable EV chargers market are:

• ZipCharge
• SparkCharge
• EV Adept
• Chengdu Khons Technology Co., Ltd.
• Besen International Group Co., Ltd.

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“Market players are increasingly making investments to build innovative portable electric vehicle chargers that recharge batteries faster and efficiently. In recent years, many new user-friendly portable electric vehicle chargers with new features have emerged, owing to the growing adoption of electric vehicles across the world. Recently, Juice Americas, a subsidiary of Juice Technology has announced to offer their popular J+ BOOSTER 2 Portable EV charger to customers in USA, Canada, and Mexico. The portable EV charger with eight adapter plugs can be used to charge any electric vehicle, including Tesla. Launch of new portable EV chargers by market players and expansion of their product portfolios is expected to aid the growth of the global EV chargers market in the coming years.”, said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

“Portable EV Chargers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Product Type (AC Charger, DC Charger), By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle) and By Region”, has evaluated the future growth potential of global portable EV chargers market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global portable EV chargers market.

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Used Car Market to grow at 9.40% CAGR in Value Terms by 2027

 Increasing preference for a used car as it is very cost-effective compared to a new car is to drive the global used car market through 2027.

According to TechSci Research report “Used Car Market- Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F”, Global used car market stood around USD 813.79 billion in the year 2021 and is estimated to reach USD1375.43 billion in 2027 growing with a CAGR of 9.40% in the forecasted years. The global used car market is driven by the growing vehicle usage across the country, as the used cars have many benefits over new cars such as a used car being way cheaper than a new car as its value has already undergone depreciation, they have lower customization costs compared to a new car, and lower insurance premiums as well. Used cars come with warranties that cover the most expensive components of a car such as a drivetrain for 200,000 miles. By buying the certified pre-owned car from a dealer they provide a warranty that extends the manufacturer’s original warranty. Used cars generally have a lower insurance premium compared to a new car, while buying a new car may require the buyers to have full insurance coverage but in used cars, buyers spend less on insurance if they’re paying cash for a used car. These all features are increasing the demand for the used car across the globe in many countries.

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The global used car market has been segmented based on vehicle type, by propulsion type, and by sales channel, end-use, by region. In terms of vehicle type, the global used car market is segmented into sedan, SUV/MPV, and hatchback. Owing to the cost-effectiveness of used cars compared to new cars, the demand for the used car has increased in the past few years. In this segment, the sedan has the largest market share of 35.12% in 2021 and the SUV/MPV segment is anticipated to maintain its dominance and reach 38.34% market share by 2027. SUV has various benefits over the other segment as it has a drivetrain option, SUV has easier gotten in and out option as it is very spacious. The SUV/MPV share is experiencing a growing trend and is anticipated to be the fastest-growing segment during the forecast years advancing at a CAGR of 9.64%.

In terms of propulsion type, the global used car market is segmented into internal combustion engines and electric. Over time, the sales of electric vehicles have increased in many countries, governments are taking steps to increase the number of electric vehicles in the country as electric vehicles are more ecofriendly and emit very fewer amounts of pollutants compared to Internal combustion engines vehicles. In the global used car market, the electric car segment accounts for a very less share of 4.65% whereas the internal combustion engine has a market share of 95.35% in the year 2021. Internal combustion engine-based vehicles have the largest market share in the global used car market because in many countries electric vehicles have been recently introduced and are not very popular yet among the buyers. In many countries, the charging infrastructure is not available in many cities due to which drivers face difficulties in charging the electric car. Due to all these drawbacks buyers prefer internal combustion engine-based cars. Owing to this, the internal combustion engine has the largest market share in the propulsion segment.     

In sales channel, the global used car market is segmented into offline and online. In most of the country people prefer to buy car offline as they examine everything personally and have trust issues for buying a car online. In the past few years online, shopping has come as an acceptance among the people and buying goods by using online application is easier compared to buying offline. In many countries there are various online platforms which provide used cars easily. One can find a used car easily by using various online platforms. The share of offline segment is 10.8% whereas online segment has 89.92% in 2021 in the global used car market. The online segment is expected to grow in the coming up years and has a market share of 14.67% in 2027. Buying a car offline is a very usual trend among the buyers in almost every country, as they prefer to take test drives and they prefer to see personally all the features of the car which they are going to buy. Buying a car online does not provide many options to buyers such as personally seeing the cars and taking the test drive due to which many buyers prefer to buy cars offline. During the forecast period, the online segment is expected to grow as the use of internet has increased which is helping the buyers to buy cars from various places.

As a measure to counter the spread of the COVID-19 pandemic, many countries across the globe imposed lockdowns in the second and third quarters of 2020 due to which the sales of new cars went down. However, the demand for used cars increased as they were easily available in the market and were cheaper compared to new cars. The used car sales increased by 20-30% after lockdown restrictions were eased. Another factor which led to an increase in demand for used cars is that due to COVID-19, many people avoid traveling by public transport and prefer to have a personal vehicle. Another reason that has increased the sales of used cars is digitalization as many start-ups are offering used cars at the best price and buyers are getting different options and car of their own choice easily.     

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Some of the major companies operating in the global used car market are CarMax, Inc, AutoNation, Inc, Hendrick Automotive Group (North Carolina, U.S.), Penske Automotive Group, Inc, Arnold Clark Automobiles Limited, Asbury Automotive Group, Mahindra First Choice Wheels, Lithia Motors Inc., TrueCar, Inc (California, U.S), CarGurus, Inc.  Apart from these companies, local unorganized car dealers are also increasing their marketing activities and enriching their product portfolio in many countries to increase their customer outreach.

“In 2021, Asia-Pacific accounted for the largest share i.e., 28.95% in the global used car market. Europe region is expected to maintain its dominance over the next five years with a market share of 27.33%. There are many benefits of having a used car such as cost-effectiveness, fewer taxes, lesser paperwork, low depreciation, etc., said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Global Used Car Market By Vehicle Type (Sedan, SUV/MPV, Hatchback), By Propulsion Type (Internal Combustion Engine, Electric), By Sales Channel, By End Use, By Region, By Company (2021), Forecast & Opportunities, 2017- 2027F, has evaluated the future growth potential of global used car market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global used car market.

 

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South Africa Cone Crusher Market to be dominated by Mining Industry through 2027

 Increasing awareness about the benefits of using cone crushers and rapid industrialization is expected to drive the demand for the South Africa cone crusher market in the forecast period, 2023-2027.

According to TechSci Research report, “South Africa Cone Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Region, Competition Forecast & Opportunities, 2027”, the South Africa cone crusher market is anticipated to grow at a rate of steady CAGR for the forecast period, 2023-2027. Rise in commercial construction activities in the country and the emerging modernization trend in mining industry is expected to drive the sales of cone crushers across the country.

Cone crusher is a machine that reduces the size of rock through the crushing process. Usually, they are used in secondary, tertiary, and quaternary crushing stages and are used in production, recycling, and mining applications. Cone crushers lower the size of material in a crushing cavity by continuous compression between a moving element and a fixed element. They are equipped with a hydraulic setting adjustment system, which allows the operator to adjust the cone crusher settings to match the material, capacity, and feed size requirements.

However, the high cost of cone crusher and use of alternate building material instead of concrete and mortar may restrain the South Africa cone crusher market growth in the forecast period.

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The South Africa cone crusher market is segmented into type, end-user, mobility, sales type, power source, company, and regional distribution.

Based on type, the market is divided into symons, hydraulics, and gyratory. The hydraulics segment is expected to account for a significant market share in the forecast period. Growing demand for increased productivity and output while optimizing production and operational costs is accelerating the demand for cone crushers with hydraulic clamping across the country.

Based on the end-user industry, the market is divided into mining, construction, and recycling. The mining industry is expected to capture the highest market share in the forecast period, 2023-2027. The mining industry market players are constantly looking for solutions that can help them improve operational efficiency and reduce downtime. They are actively adopting smart solutions that can help them improve productivity and enhance mining accuracy. Ongoing digitization and adoption of advanced technologies like the internet of things and advanced analytics technology are expected to positively impact the mining industry by offering real-time updates to predict downtime and equipment wear. Cone crushers market players are offering equipment integrated with automation technology which can reduce the costs involved in the mining process. Advancements in technology and the rise in the market players offering innovative products are expected to create lucrative growth opportunities for the South Africa cone crusher market in the forecast period.

Based on sales type, the market is divided into new equipment sales and aftermarket sales. New equipment sales are expected to capture the highest market share in the forecast period owing to the launch of advanced versions of cone crushers by the market players and the growing need to lower operational costs during the construction activities.

Based on the power source, the market is divided into electric connection, diesel connection, dual connection. Dual connection is expected to witness the fastest incremental growth in the forecast period. They are in high demand as they reduce the operational costs and have a less harmful impact on the environment as a comparison to their other counterparts.

Major market players operating in the South Africa cone crusher market are:

• Kenmore Group of Companies
• Babcock International
• Metso Corporation
• Westpro Machinery Inc.
• Terex
• Sandvik
• Global Mining Crusher
• Sky Machinery
• Telsmith
• ThyssenKrupp AG
• FLSmidth & Co. A/S
• Puzzolana
• Terex Corporation

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“Ongoing and upcoming infrastructure development and construction projects fuel the demand for advanced construction equipment and technologies to boost the construction activity and reduce downtime is expected to boost the demand for the South Africa cone crusher market. Increasing demand for construction waste recycling and the recovery of construction projects is a positive factor for the South Africa cone crusher market. Market players are advised to launch advanced and high-performing cone crushers by making high-end investments in research and development activities. Furthermore, the rise in the number of market players offering innovative products and the emergence of rental companies offering cone crushers at affordable rates are expected to propel the growth of the South Africa cone crusher market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“South Africa Cone Crusher Market By Type (Symons, Hydraulics, and Gyratory), By End-User Industry (Mining, Construction and Recycling), By Mobility (Stationary, Portable-Wheeled, and Portable-Tracked Mounted), By Sales Type (New Equipment Sales and Aftermarket Sales), By Power Source (Electric Connection, Diesel Connection, Dual Connection), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of South Africa cone crusher market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in South Africa cone crusher market.

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Vietnam Greenhouse Market to be dominated by Plastic Greenhouse through 2027

Growing popularity of modern agriculture techniques and increasing need for food are driving the demand for Vietnam greenhouse market through the forecast period, 2023-2027.

According to TechSci Research report, “Vietnam Greenhouse Market By Region, Competition Forecast & Opportunities, 2027”, the Vietnam greenhouse market is expected to register an impressive CAGR in the forecast period, 2023-2027. Greenhouse refers to an outdoor structure that is made with a roof and walls and prepared of transparent materials such as glass or plastic. It has in-built high technology to control the temperature and stabilize the environment for the cultivation of plants, including fruits, vegetables, and flowers. Commercial greenhouses provide various covering materials such as glass or plastic roofs and frequently glass or plastic walls. It utilizes numerous technologies, including heating systems, LED grow light, communication technology, irrigation system, cooling systems, ventilation systems, and control systems. The escalating demand for food with the rise in population is one of the primary factors driving the Vietnam greenhouse market.

Commercial greenhouses allow the farmers to cultivate fruits and vegetables under controlled conditions, which ensure a continuous year-round supply of high-quality products and aid in overcoming issues of land and water shortage as well as climate change. The elevating levels of urbanization and continuous technological advancement in the agriculture sector are boosting the market growth.

However, the rising requirement for optimum environmental conditions to grow crops all around the year and the need for a standard level of water, nutrients, and light may restrain the Vietnam greenhouse market in the coming years.

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The Vietnam greenhouse market is segmented into type, crop type, equipment, regional distribution, and competitive landscape.

Based on type, the market is segmented into plastic greenhouse and glass greenhouse. The plastic greenhouse is expected to grow at a significant rate in the forecast period, 2023-2027. Plastic is widely used for commercial greenhouse purposes on account of its durability. This type of plastic can resist tearing and can work under extreme weather conditions.

Based on crop type, the market is divided into fruits & vegetables and flowers & ornamentals.

The fruits and vegetable segment is projected to hold the largest share in the forecast period, 2023-2027. Greenhouse helps grow vegetables all year round without the need for optimum environmental conditions. Production of vegetables and fruits in the greenhouse can reduce the crop damage from harsh conditions, including cold, drought, blistering heat, wind, pests and critters trying to eat them. Cultivating vegetables in greenhouses enables creating the most appropriate requirement for the crops due to the ability to control factors in greenhouses, including temperature, fertilization, humidity, moisture, light, and irrigation. Growing crops in a greenhouse allow farmers to choose the suitable soils for healthy crop growth. Diseases and pests get minimized by having the right soil to cultivate crops.

Based on equipment, the market is divided into heating systems and cooling systems. Heating systems are anticipated to grow at a significantly higher rate in the forecast period, 2023-2027. They are one of the essential requirements for the effective production of plants in greenhouses. Heating systems offer constant temperature control and do not discharge any hazardous material, which contributes to the growth of the plants. A heating system refers to a technique that helps to maintain the temperature at a required level. These systems utilize mixing valves to control the temperature of heating pipes to regulate the temperature of heating pipes by flow control.

Major market players operating in Vietnam greenhouse market are:

• Netafim
• Watanabe Pipe Vietnam Co., Ltd.
• 1+1>2 International Architecture Company
• Novagric (Da Lat Greenhouse)
• Fresh Studio
• VinEco (Vingroup Corp)

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“Greenhous provide high yield production in comparison with traditional farming techniques. The escalating demand for food owing to the growing population and sudden environmental modifications are propelling the adoption of the greenhouse technique. Greenhouse technology allows crop producers to manufacture those products with a shortage of supply. This, in turn, is creating an opportunity for producers to produce marketable products. Also, the elevating trend of rooftop farming, growing urbanization levels, and the rise in adoption of greenhouse automation technologies are expected to accelerate the Vietnam greenhouse market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Vietnam Greenhouse Market By Type (Plastic Greenhouse v/s Glass Greenhouse), By Crop Type (Fruits & Vegetable and Flowers & Ornamentals), By Equipment (Heating Systems and Cooling Systems), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth of Vietnam greenhouse market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the expanding trends along with significant drivers, challenges, and opportunities in Vietnam greenhouse market.

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Kerala Small Commercial Vehicle Market to Grow With Impressive CAGR until 2027

 Kerala Small Commercial Vehicle Market is anticipated to grow with increasing sales, in the forecast period, 2023-2027F.

 

According to TechSci report on, “Kerala Small Commercial Vehicle Market - By Top 5 Cities, Competition Forecast & Opportunities, 2027” Kerala small commercial vehicle market is anticipated to grow with an impressive CAGR value during the forecast period, 2023-2027. The market value is expected to grow on the backbone of growing inclination of the common population toward public transportation. Increasing demand for the small commercial vehicles in the recent years is also due to increasing freight movement in the state. Surge in the demand for the transportation service within the state and exporting the products to neighboring states is also driving the growth of the Kerala small commercial vehicle market in the upcoming five years. Rising awareness regarding ill-effects of personal vehicles and their increasing utilization for commute, causing degradation in the environment has further initiated the public transport usage. Moreover, the demand for small light commercial vehicles is also due to expanding e-commerce sector in the state. Rising population density in the state, growing adult population and their higher disposable income have aided to trends of online shopping and demands for lightening fast deliveries, in-home product deliveries are further supporting the growth of the Kerala small commercial vehicles market in the next five years. Additionally, healthcare sector is also responsible for the futuristic growth of the Kerala small commercial vehicle market. Under the influence from recent pandemic caused due to COVID-19, demands for faster deliveries of vaccine, PPE kits, drugs, medicines, oxygen cylinders and other therapeutic products increased. Government facilitated the production of the small commercial vehicles to support the growing demand for faster distribution of the pharmaceutical & therapeutic products, thereby substantiating the growth of the Kerala small commercial vehicle market in the future five years. Demands for electronic small commercial vehicles is also influencing the growth of the Kerala small commercial vehicle market in the forecast period.

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The Kerala small commercial vehicle market is segmented by vehicle tonnage, industry, propulsion, competitional landscape, and regional distribution. By industry, the market is fragmented into e-commerce, FMCG, pharma, electronics, construction, agricultural, hospitality, forestry, oil & gas, and others. FMCG industry is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of growing demands for the freight movement of FMCG products. Attempts to prolong the shelf life, and growing demands for the FMCG products among the population, inclined toward snacks, fast food, and other FMCG products is anticipated to further lead the growth of the Kerala small commercial vehicle market in the next five years. Moreover, the e-commerce sector further supports the growth of FMCG industry. Growing demands of online deliveries, and increase in the online shopping with rising disposable incomes of the youth population adds to the growth factors of the Kerala small commercial vehicle market in the future five years.

Based on propulsion, the market is differentiated between ICE and electric. Electric propulsions are anticipated to register fastest growing CAGR due to increasing inclination of consumers and government toward electric vehicles. Rising awareness regarding degrading environmental conditions further aid the growth of the segment and the growth of the Kerala small commercial vehicle market in the forecast period. ICE propulsion engines are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of traditional usage of the ICE engines in the manufacturing of small commercial vehicle.

A partial list of major market players of the Kerala small commercial vehicle market includes :

• Lohia Auto Industries
• Tata Motors Limited  
• Ashok Leyland Limited         
• Atul Auto Limited      
• Piaggio Vehicles Pvt. Ltd. (PVPL)    
• Mahindra & Mahindra Ltd     
• Bajaj Auto Ltd.          
• TVS Motor Company            
• Isuzu Motors Kerala Private Limited
• Saera Electric Auto Pvt. Ltd

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“The market analysis also studies the top 5 cities analysis, that are Thiruvananthapuram, Ernakulam, Kozhikode, Kollam, and Kottayam. Thiruvananthapuram is anticipated to lead the top 5 city analysis in the upcoming five years, due to the growing industrialization in the city. Thiruvananthapuram is one of the largest populated cities of the state, and rising population enhances the demand for freight movement, and online deliveries. Moreover, presence of global market players in the city. Kerala Automobiles Limited, is one of the most functional automobile manufacturing companies in Kerala. The product line of autorickshaw, pickup vans, delivery van, auto chassis, hydraulic tipper, etc. along with the export demands are fulfilled by the company. New market players would be required to operate with collaborations and invest in new product development since the market is already well established in the state,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Kerala Small Commercial Vehicle Market By Vehicle Tonnage (Less Than 1 ton, 1 - 2 Ton, and 2 - 3 Ton), By Industry (E-commerce, FMCG, Pharma, Electronics, Construction, Agricultural, Hospitality, Forestry, Oil & Gas, and Others), By Propulsion (ICE and Electric), By Top 5 Cities, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Kerala small commercial vehicle market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Kerala small commercial vehicle market.

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UAE Pesticide Market to be dominated by Herbicides till 2027 | TechSci Research

 Growing awareness among farmers towards intensive farming techniques and high food demand is projected to propel the demand for UAE Pesticide Market in the forecast period, 2023-2027. 

According to TechSci Research report, “UAE Pesticide Market By Region, Competition Forecast & Opportunities, 2027”, the UAE pesticide market is expected to witness steady growth in 2023-2027. Pesticides represent chemicals utilized to control various pests related to agriculture that can harm crops and livestock and minimize farm productivity. Agricultural chemicals also referred to as agrochemicals, are chemical agents such as fungicides, herbicides, and insecticides that helps to control crop-harming organisms such as fungi, mites, insects, or viruses. Other agricultural chemicals are agricultural agents such as rodenticides, nematicides, bactericides, and others to prevent damage to the crop. The increased demand for wheat, rice, and vegetables, that is the food items required for daily intake in the UAE region, is expected to accelerate the demand for crop-based pesticides. Crop protection chemicals offer economical solutions to farmers to ensure food security and enhanced crop yields. The rise in the use of pesticides is considered one of the factors contributing to the increased crop yield and therefore, is expected to witness massive demand over the forecast period.

However, the presence of alternate techniques may hinder the growth of the UAE pesticide market for the forecast period.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UAE Pesticide Market"

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The UAE pesticide market is segmented into type, form, product type, crop type, source, regional distribution, and competitive landscape.

Based on type, the market is segmented into herbicides, insecticides, fungicides, and others. The herbicide segment holds the largest market share on account of the increased adoption by farmers to protect crops from weeds and other plants. Herbicides provide high efficiency over manual weeding techniques. The launch of novel herbicides, which are highly advanced and effective against negative influencing factors, is expected to fuel the demand for herbicides. The elevating area under GM crops in numerous regions escalates the usage of herbicides in crop cultivation practices which is projected to boost the growth of the UAE pesticide market.

Based on crop type, the market is segmented into oilseeds & pulses, grains & cereals, fruits & vegetables, and others. The grains & cereals are expected to dominate the market in the forecast period owing to their high demand among consumers to satisfy their nutritional requirements. Also, grains and cereals are considered in the staple diet of the consumers, which is one of the other major reasons for their high demand among the people.

Leading market players operating in the UAE pesticide market are:

• Emirates Rawabi Est.
• Al Mubarak Agrochemicals
• Anglo Gulf Limited
• National Industrial Co. W.L.L.
• BASF UAE
• AGRI Ventures FZE
• Syngenta UAE
• Sherwood Middle East Pesticide Trading LLC

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“UAE has abundant oil & gas resources and is majorly dependent on the oil & gas industry for income generation. According to UAE Vision 2021, the government is trying to create new income sources to reduce the burden from the oil & gas industry. The agriculture sector is growing at a rapid pace to meet the food requirements of the growing population. Also, UAE faces extreme climatic conditions, which can negatively affect crop production and have limited availability of fertile land. The need to find novel agriculture techniques and equipment to supplement the crop production is expected to propel the growth of the UAE pesticide market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm”.

“UAE Pesticide Market By Type (Herbicides, Insecticides, Fungicides, Others), By Form (Liquid v/s Dry), By Product Type (Chemical v/s Organic), By Crop Type (Oilseeds & Pulses, Grains & Cereals, Fruits & Vegetables, Others), By Source (Domestic v/s Import), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential of UAE pesticide market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and assist decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with significant drivers, challenges, and opportunities in UAE pesticide market.

Blog : https://www.techsciresearch.com/news/7119-uae-pesticide-market.html

 

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Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

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