Market News Point

The U.S. electric bus market growth will be driven, by factors such as stringent emission norms in the country, environmental benefits of electric vehicles (EVs), favorable government policies to support EVs, long-term operational cost benefits offered by these buses to transit agencies, at a CAGR of 58.4% during the forecast period (2020–2024). The market generated $469.3 million revenue in 2019 and it is projected to reach $2,675.1 million by 2024. Moreover, the declining cost and rising efficiency of automobile batteries will facilitate market growth in the foreseeable future. Request to Get the Sample Report Moreover, environmental advantage of these vehicles is the strongest driver of the market. The U.S. is the second-largest emitter of carbon after China and the Environmental Protection Agency (EPA) states that transportation sector of the country emits a considerable amount of carbon. To mitigate this critical issue, federal and state governments is encouraging fleet owners and

The global compressed natural gas (CNG) and liquefied petroleum gas (LPG) vehicle market attained sales of 56.2 million vehicles in 2019. According to the forecast of P&S Intelligence, a market research company, the market size will reach 102.3 million units by 2030. Furthermore, the market will progress at a CAGR of 5.9% between 2020 and 2030. The growing usage of clean-energy vehicles and the ability of LPG and CNG vehicles to replace traditional vehicles are the main market growth drivers. Additionally, the low running costs of these vehicles are also contributing heavily toward the boom of the CNG and LPG vehicle market. Automobiles that run on LPG and CNG have lower running costs than the diesel and gasoline-based vehicles. This is because of the lower costs of LPG and CNG than diesel and gasoline. The cost of CNG ranges from around $1.50 to $2.80 per gallon in Europe, registering a reduction of as much as 40–75% in fuel cost. Request to Get the Sample Report: https://www.psm

There are certain diseases or health issues that require immediate attention, especially those that hit vital organs such as the brain, heart, and lungs. Some such issues are acute stroke, sudden cardiac arrest, kidney or liver failure, and external or internal trauma that leads to hypovolemic shock (loss of more than 20% of the blood inside the body). In these cases, rushing the person to an emergency care setting is vital, as sometimes, it just takes minutes for the disorder or disease to lead to death. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/air-ambulance-services-market/report-sample Sometimes the issue is so severe that transporting the patient via roads, which are becoming increasingly congested, especially in developing countries, can cause more harm than benefit. As per P&S Intelligence, this will be a strong factor to take the air ambulance services market to $15.9 billion in 2030 from $8.9 billion in 2019, at a 5.4% CAGR between

With rising air pollution levels in several countries and growing public awareness about the environmental degradation caused due to the usage of fossil fuel-powered vehicles, the sales of electric vehicles are rising rapidly. This is, in turn, pushing up the requirement for electric vehicle supply equipment across the globe. Moreover, the governments of many countries are implementing mandatory policies and setting targets pertaining to the deployment of electric vehicles and charging facilities. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/india-evse-market/report-sample For example, the South Korean government intends to install 10,000 fast electric vehicle chargers all over the country by 2022. Similarly, the Indian government is aiming to set up 2,700 charging stations in cities having more than 4 million residents by 2023. Apart from this, the government also intends to install ultra-fast and fast charging stations along the major highways in

The tourism industry has been witnessing significant growth since the past few years. As the disposable income of people has risen considerably, particularly in developing countries, larger number of people are now investing in travel and tourism activities. Other than this, the lifestyle patterns of people across the globe have been changing for the better as well and people now consider travelling as a defining experience in their lives. Because of this, the tourism industry has become a prominent industry all across the globe. This rise in the number of travel and tourism activities is also resulting in the growth of the global luggage market. Luggage is an important part of travel activities and owing to the increasing disposable income of people, they are now able to afford quality luggage. The market is further registering growth due to the rise in business activities. Because of globalization, people these days are not just engaging travel activities for leisure purposes but a

The North American shower glass door market generated a revenue of $3,493.4 million in 2020 and it is predicted to advance at a CAGR of 7.6% between 2021 and 2030. According to the forecast of the market research company, P&S Intelligence, the market will attain a valuation of $7,151.7 million by 2030. The major factors driving the market advancement are the rising urbanization rate, the growth of the real estate sector, and the expansion of the tourism and hospitality industry. Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/north-america-shower-glass-door-market/report-sample The increasing urbanization rate is one of the major factors propelling the expansion of the market. In this region, the urban population has grown at an explosive pace over the last few years and this trend is predicted to continue in the coming years. As per the 2018 Revision of World Urbanization Prospects produced by the United Nations Department of Economic and Social

 A good night’s sleep is essential to sound health, and mattresses, for long, have been claimed to help achieve it. This is why as per the International Sleep Products Association (ISPA), the replacement period of a mattress among U.S. residents has reduced to 6–8 years. Additionally, owing to the growing infrastructure investments in the residential sector and expanding tourism industry in the U.S., there has been an exponential increase in the demand for mattresses. This will drive the U.S. mattress market size from $15,728.8 million in 2019 to $22,519.9 million in2030, at a 3.5% CAGR during 2020–2030. Many of these U.S. mattress market companies are also offering customized mattresses, with the awareness about a sound sleep increasing in the country. For instance, Tempur Sealy International Inc. provides customers with the option to decide the size, firmness, and thickness of the mattress according to their preference. Customized mattresses are developed following the physical dyna

On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global CNG and LPG vehicle market sales volume from 56.2 million units in 2019 to 102.3 million units by 2030, at a 5.9% CAGR between 2020 and 2030, according to P&S Intelligence. Similarly, the per-gallon cost of liquefied petroleum gas (LPG) on a gasoline-equivalent basis is $2.00. This leads to almost 50% cost savings for every gallon of fuel. In addition, the CNG and LPG vehicle market is being driven by the lower greenhouse gas emissions of CNG than gasoline and diesel. Similarly, installing an LPG filling station is cheap, and LPG tanks are small, thus leaving more space for passengers and cargo inside the vehicle. Get the sample copy of this report at @  https://www.psmarketresearch.com/market-analysis/cng-and

The concerns regarding greenhouse gas (GHG) emissions have been surging across the globe. GHGs, such as methane, carbon dioxide, fluorinated gases, and nitrous oxide, trap heat in the atmosphere. Therefore, the growing emissions of these gases have been resulting in global warming, thus, further leading to the deteriorating condition of the Earth. The burning of fossil fuels for generating energy for different purposes is the primary culprit behind the emission of GHGs into the atmosphere. Because of this, government in different regions across the globe, including Europe, has been trying to come up with solutions which can aid in dealing with this problem. As per a report by P&S Intelligence, in 2018, the  European electric scooters and motorcycles market  reached a value of $167.2 million and is predicted to generate revenue of $892.4 million by 2025, advancing at a 26.2% CAGR during the forecast period (2019–2025). Among high-power motorcycles, scooters, and low-power motor

The need for electric vehicles (EV) in India is dire on account of the air that is becoming more suffocating and disease-causing every year, owing to the escalating pollution levels. Realizing this grave problem, the government has launched the FAME India scheme, under which it is not only offering purchase subsidies for EVs but also bearing a large chunk of the research and development (R&D) cost. Thanks to such efforts, the sale of e-rickshaws has burgeoned in the country, especially in tier I and II cities. Request to Get the Sample Report : https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market/report-sample As per P&S Intelligence, this inadequate availability of charging stations will be a key factor for the Indian electric vehicle battery swapping market growth in the years to come. This is because merely replacing the discharged battery with a charged one is faster and less hassle-prone than keeping an EV plugged into a charging

Seasonings and spices are some of the most essential ingredients required for preparing ready-to-eat and convenience foods. Therefore, the growing popularity of these food items is heavily boosting the sales of seasonings and spices all over the world. Long working hours, busy lifestyles of people, and the increasing trend of people moving out of their parents’ houses and living alone for work and other purposes are the main factors responsible for the growing consumption of fast foods and ready-to-eat items. With the rapid growth of the hospitality and tourism industry in many countries, the popularity of regional cuisines is rising quickly all over the world. The increasing interactions between people of different countries, ethnicities, and religions are causing a sharp rise in cultural exchange, which is, in turn, fueling the popularity of various regional dishes. The other major factor driving the growth of the seasonings and spices market is the increasing public awareness of the