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Backed by Favorable Government Policies, Electric Bus Sales to Climb in Future in U.S.

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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...

CNG and LPG Vehicle Market to Witness Tremendous Growth Ahead Says P&S Intelligence

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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...

Air Ambulances Increasing Access to Emergency Medical Care in Remote Areas

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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 bet...

Government Initiatives To Strengthen EV Charging Infrastructure Network

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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...

What Importance Does Luggage Hold when it comes to Travel & Tourism Activities?

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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...

What is Biggest Trend Currently Witnessed in North America Shower Glass Door Market?

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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 Econo...

United State Mattress Market to Expand at a Healthy Growth Rate in the Coming Years

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 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 ...