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Showing posts from January, 2021

What are Factors Fuelling Progress of Electric Scooters and Motorcycles Market in North America?

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Due to their low maintenance requirements, government support for their adoption, and growth of shared mobility fleets, the demand for electric two-wheelers in North America is rising. On account of these factors, the electric scooters and motorcycles market in north america is expected to progress from $154.8 million in 2018 to $675.7 million by 2024, at a 28.4% CAGR between 2019 and 2024 (forecast period). These vehicles do not have an internal combustion engine (ICE), therefore do not release any operational greenhouse gas (GHG) emission. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/north-america-electric-scooters-and-motorcycles-market/report-sample On the basis of type, scooter, motorcycle, and kick scooter are the categories of the market. Among these, the kick scooter category dominated the North American electric scooters and motorcycles market, in terms of sales volume, during 2015–2018 (historical period). This is because electric k

Demand for E-Bikes Set to Explode in North America in Coming Years

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The global e-bike market is predicted to generate a revenue of $25.9 billion by 2025, increasing from $14.4 billion in 2019, and predicted to progress at a 10.3% CAGR during the forecast period (2020–2025). The market is registering growth due to the rising urban road congestion, surging concerns regarding the environment, rising health concerns, and increasing government subsidies and financial incentives. When ownership type is taken into consideration, the market is divided into shared and personal. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/e-bike-market/report-sample Between these two, the personal division led the market in the past, holding more than 95.0% volume share in 2019. This is primarily because, e-bikes have only been introduced in the shared mobility domain by a few vendors. However, a large number of people have been buying these vehicles for private usage since various years. The shared division is projected to regis

U.S. Beauty and Personal Care Products Market Sales Predicted to Shoot-Up in Coming Years

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The increasing sales through e-commerce platforms, growing geriatric population, and rising number of working women will drive the U.S. beauty and personal care products market growth at a CAGR of 4.8% during the forecast period of 2020–2030. At this rate, the revenue will increase from $81.1 billion in 2019 to $128.7 billion in 2030. Additionally, the growing incidence of skin diseases, rising expenditure on personal care, and shifting focus toward chemical-free and organic products will aid the expansion of the market. The surge in the sales of beauty and personal care products through e-commerce platforms is the major factor driving the market growth. To enhance the customer experience, beauty retailers are offering an array of products, ranging from clean beauty products to hyper-personalized skincare and artificial intelligence (AI)-driven cosmetic solutions. All these products are available online at discounted prices, to pursue customers to buy branded beauty products from e-com

Logistics Industry is Expecting Major Tech Revolution in Near Future

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The impact of COVID-19on the logistics industry has been quite negative, as the growth of the industry has slowed down due to the nationwide lockdown in most of the affected countries. Owing to the growth in e-commerce activities, increase in the disposable income of customers, and rapid urbanization in emerging economies, such as India and China, the logistics industry had been growing in recent years. Seeing the rising need for the transportation of goods, many new companies were entering the logistics space before the pandemic arrived. TheCOVID-19 impact analysis on the  logistics industry  reveals that trading activities between nations were discontinued to contain the spread of the virus, which disrupted the supply chain. For instance, the supply chain of China is operational across countries including India, South Korea, Japan, Hong Kong, Singapore, the U.K., Spain, Italy, and Germany, all of which are badly jolted by the pandemic. Apart from China, all these nations exchang

Factors that Impact on the Electric Car Market in Upcoming Years!

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The implementation of strict government regulations regarding vehicular emissions is one of the biggest factors responsible for the mushrooming sales of electric cars across the world. In the recent years, there has been a considerable increase in greenhouse gas (GHG) emissions. This has made the governments of several countries, especially those in Europe, focus heavily on reducing the emission of these gases. As a result, various environmental targets have been set by many governments during the last few years. Due to the above-mentioned factors, the sales of electric cars will climb all over the world in the forthcoming years. The global electric car market is predicted to grow from 0.8 million units in 2016 to 5.3 million units by 2023. Furthermore, the market is predicted to progress at a CAGR of 33.6% from 2017 to 2023. Depending on technology, the market is divided into plug-in hybrid and battery electric vehicles. Request to Get the Sample Report:  https://www.psmarketresearch.

Electric Vehicle Communication Controller Market to Witness the Highest Growth Globally in Coming Years

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The sky is blue and rainclouds are gray are some of the first things children observe around them. But, present times seem to have destroyed this image, as regardless of whether it is cloudy or not, the skies are almost always gray. Because of the pollutant-laden haze enveloping major urban areas, the days seem dark and lifeless. As the biggest reason for this is the harmful emissions released from burning fossil fuels, such natural gas, crude oil, and coal, countries are taking concrete steps to limit their usage. One of the ways this is being done is by unleashing stringent emission norms on petrol and diesel vehicles. In addition, governments in numerous countries, especially those in the extremely suffocating and polluted Asia-Pacific (APAC) region, are offering support to encourage the uptake of electric vehicles (EV). Countries are offering tax rebates and financial incentives to EV manufacturers and buyers, as well as investing in the requisite charging infrastructure. It is the

Electric Scooter and Motorcycle Market Sales Predicted to Shoot-Up in Coming Years

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Tax concessions on the purchase of low- and no-emission automobiles, conducive regulatory environment, rising emission-related concerns, and low maintenance costs are the major drivers for the electric scooter and motorcycle market advance. As a result, the sales of such two-wheelers will value $13,864.0 million in 2025, advancing at a 7.3% CAGR during 2018–2025 (forecast period). Due to the absence of an internal combustion engine (ICE), such automobiles do not lead to any operational emission of greenhouse gases (GHGs). Based on product, the bifurcations of the electric scooter and motorcycle market are motorcycle and scooter, of which the scooter bifurcation contributed the higher revenue during the historical period (2013–2017). This was a result of the availability of numerous electric scooter models and their cost-effectiveness. The motorcycle bifurcation is predicted to experience the higher CAGR during the forecast period due to the rising demand for two-wheelers with more powe

Electric Toothbrush Market to Witness the Highest Growth Globally in Coming Years

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The global electric toothbrush market generated a revenue of $2.7 billion in 2019 and is predicted to progress at a CAGR of 5.7% between 2020 and 2030. According to the estimates of the market research company, P&S Intelligence, the market would attain a valuation of $4.8 billion by 2030. The key factors driving the progress of the market are the growing public awareness about the various benefits of electric toothbrushes and unhealthy dietary habits of people around the world. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/electric-toothbrush-market/report-sample Some of the most highly prevalent unhealthy eating habits are the consumption of sugar-rich foods, tobacco, and alcohol. These consumption habits have detrimental effects on the oral hygiene of a person. Moreover, these habits are pushing up the requirement for smart toothbrushes, which is, in turn, fueling the sales of electric toothbrushes. For example, as per the IDF Diabetes Atlas

Anode Material Market Sales Predicted to Shoot-Up in Coming Years

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The global anode material for automotive lithium-ion (Li-ion) battery market is predicted to generate a revenue of $1,348.6 million by 2030, increasing from $707.2 million in 2019, progressing at a 5.7% CAGR during the forecast period (2020–2030), as per a report by P&S Intelligence. The reducing prices of anode materials and rising sales of electric vehicles are the major driving factors of the market. In terms of type, the market is divided into silicon compound, amorphous carbon, lithium-titanate oxide (LTO), artificial graphite, and natural graphite. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/anode-material-automotive-lithium-ion-battery-market/report-sample Out of these, the artificial graphite division held the major share of the anode material for automotive Li-ion battery market in 2019, and is predicted to retain its dominance during the forecast period as well. This material has a number of advantages over other anode materials, in

Electric Vehicle Industry In-depth Analysis of the Industry with Future Estimations

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Due to the rising pollution and increasing public awareness about the toxic emissions released from fossil fuel-powered vehicles, the global electric vehicle industry has observed a sharp surge in recent years. Moreover, the enhanced safety and comfort provided by the electric vehicles and the implementation of several favorable government initiatives in many countries have caused the rapid advancement of the market during the last few years, especially from 2014 to 2019.  Due to this expansion, the global electric car fleet in 2019 recorded a growth of over 40% from 2018 and later surpassed 7.2 million units at the end of the year. According to reports, 2.1 million units of electric vehicles were sold all over the world in 2019. Many industry experts predicted that 2020 would be an even better year for the market. However, the COVID-19 pandemic had other plans. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/covid-19-impact-analysis-electric-vehicle