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Showing posts from May, 2023

HOSPITALITY INDUSTRY IN SOUTH AFRICA SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the South African hospitality market During the projection period, South Africa's hospitality industry is anticipated to expand at a CAGR of more than 4%.  One of the most popular tourist attractions on the African continent is South Africa. As a result of the COVID-19 outbreak, some hotels in South Africa are in danger of going out of business or closing permanently. The hotel sector stopped during the pandemic as governments implemented exceptional efforts to prevent the virus, such as travel restrictions and physical separation. Layoffs, pay cuts, and job losses have all had a big effect on employment. Cash flow, travel restrictions, guest cancellations, reduced consumer spending, and the industry's general economic unpredictability during the COVID-19 epidemic are issues that hotels are worried about.  The restrictions were abolished in April 2022, though, and the tourism sector has since begun to rebound. According to the Bureau for Economic Research, th...

SAUDI ARABIA CONSTRUCTION MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Construction market analysis in Saudi Arabia The Saudi Arabian construction market is currently worth USD 140.2 billion, and it is projected to grow at a CAGR of more than 5% over the coming years. With more than USD 825 billion in planned and unawarded projects, Saudi Arabia had one of the largest infrastructure and construction sectors in the Gulf Cooperation Council (GCC) prior to the COVID-19 outbreak. Contracts issued to the sector increased, rising from USD 11.2 billion in 2016 to USD 14.6 billion in 2018.  As the COVID-19 pandemic's economic impact grew, the overall value of building contracts awarded in Saudi Arabia during the third quarter (Q3) of 2020 fell by 84% compared to numbers for the same period in 2019. The recovery in the global economy, the loosening of COVID-19 rules, and an increase in oil prices all helped the sector produce more goods and services in 2021. During the forecast period, it is expected that the government's attempts to develop transport an...

RIDE-HAILING MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Study of the Ride-Hailing Market The market for ride hailing is expected to grow from its current value of USD 113 billion in 2020 to USD 230 billion by 2026, showing a CAGR of 8.75% over the forecast period of 2021–2026. The market suffered greatly during the COVID-19 pandemic due to the worldwide lockdowns that were enacted to stop the virus' spread. However, as economies gradually recover, demand is returning to the market. Along with rising demand in developed regions like the United States and Europe, ride-hailing service preferences among passengers have expanded recently in developing nations like India, China, Vietnam, etc. To maintain their respective market shares in a highly competitive industry, the businesses have improved the options and expanded their operations to be offered through mobile applications. By switching petrol vehicles to electric ones, ride-hailing companies hope to eliminate exhaust emissions and lower global vehicle carbon emissions. The conversion ...

HEAVY-DUTY TRUCKS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the market for large trucks Currently valued at USD 204.56 billion, the heavy-duty truck market is anticipated to grow to USD 313.95 billion over the following five years, registering a CAGR of almost 7.4% from 2022 to 2027. Major OEMs saw the market for heavy-duty trucks significantly fall during the COVID-19 pandemic. Due to the epidemic, the transportation sector completely collapsed, posing new difficulties for the cargo and production businesses to move their goods from one location to another. The pandemic's severe disruptions to the world's logistics and supply chain networks led to a decrease in the manufacture of heavy-duty trucks.  However, due to OEMs' efforts to resume production by making significant investments in the market, the market is anticipated to expand during the time of the forecast. Long-term demand for new and improved trucks is anticipated to be fueled by tightening emission rules, improvements in vehicle safety, and the rapidly expan...

EUROPE E-BIKE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

 E-Bike Market Analysis in Europe The market for e-bikes in Europe is anticipated to grow at a CAGR of 4.75%. Largest category by Propulsion Type - Pedal Assisted: Due to considerations like time savings, cost advantages, and simple rides, countries like Germany and France use pedal-assisted bikes widely, making pedal assisted the largest category. Largest Segment by Application Type - City/Urban: Cities and suburbs in Europe have designated bike lanes. E-bikes are being used by courier services to deliver packages, and people are employing bicycles for daily commuting, both of which are contributing to the expansion of the city/urban segment. Largest Battery Type Segment: Lithium-ion Battery The use of lithium batteries is rising, further cementing Li-ion's position as the most common battery type. Some of these reasons are long-range capabilities, quicker charging times, longevity, high power in compact sizes, and lightweight. The largest nation is Germany: Due to increased vehic...

PHARMACEUTICAL CONTRACT DEVELOPMENT AND MANUFACTURING ORGANIZATION (CDMO) MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the pharmaceutical CDMO market During the anticipated period, the Pharmaceutical CDMO Market is anticipated to grow at a CAGR of 6.74%. The CMO industry is expected to expand thanks to advanced manufacturing methods and procedures. Due to innovative operational techniques like continuous production, CMOs are anticipated to increase the effectiveness of their manufacturing processes, reducing waste and lowering costs. It is projected that the adoption of new manufacturing methods by CMOs would be driven by the expansion of small and mid-sized pharmaceutical companies, who are responsible for an increasing proportion of new drug approvals yet frequently lack manufacturing capacity. Due to the rising demand for generic drugs and biologics, the capital-intensive nature of the industry, and the complex manufacturing requirements, an increasing number of pharmaceutical companies realised the potential profitability of working with a CMO for clinical and commercial-stage manu...

ATHLEISURE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Sportswear Market Analysis Over the following five years, the athleisure industry is anticipated to grow at a CAGR of 6.09%. Customers are being encouraged to incorporate sports and fitness activities into their daily routines due to rising health and self-consciousness, a desire to live active lifestyles, and a desire to look fit. A change in market dynamics brought about by this increasing engagement has increased demand for athleisure goods. Consumers who are ready to pay more for such added benefits have shown an interest in sports wear with improved attributes including moisture management, temperature regulation, and other performance-boosting qualities that reduce pain and potential injury. As a result, these improved features have encouraged consumer habits to encourage wearing sports apparel during their free time. The demand for athleisure in recent years has been mostly driven by an increase in government initiatives in many nations to boost sports participation. For in...

PAKISTAN FRUITS AND VEGETABLES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Market research on fruits and vegetables in Pakistan During the forecast period, a CAGR of 5.9% is expected to be recorded by the fruits and vegetable market in Pakistan. The FAO estimates that 9.82 million metric tonnes of fruit were produced in 2020. With a production of 2.3 million metric tonnes, mangoes came in first, followed by oranges with an output of 1.6 million metric tonnes. Similarly, 5.5 million tonnes of vegetables were produced in 2020, with over 2 million metric tonnes of onions accounting for roughly 40% of the total production, followed by tomatoes, carrots, and turnips. Fruit exports make up the second-largest portion of the nation's agricultural export earnings, after cereals. Fruit exports increased in value by more than 17% to reach USD 492 million. The country's various climates cause a wide variety of vegetables to be sold at marketplaces all year long. In Pakistan, approximately 35 different types of vegetables are cultivated in a variety of ecosystems...

BANANA MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Market research on bananas During the forecast period, it is expected that the worldwide banana market will grow at a CAGR of 4.5%. The banana is a tropical fruit that is cultivated all over the world in hotter climates. India will produce roughly 26.3% of all bananas worldwide in 2020, making it the world's top banana grower, according to Food and Agriculture Organisation Statistics (FAOSTAT). Following the COVID-19 epidemic, the majority of nations and market participants have concentrated on creating sustainable marketing and processing systems for bananas globally in order to minimise the harm that trade disruptions and natural disasters could do to the market's expansion. After wheat, rice, and maize, bananas are the fourth most important food crop in terms of production, and they are the most consumed fruit in the world. One of the main fruits exported worldwide, bananas are also a significant food and source of income. ITC Trademap estimates that in 2021, the value of w...

GLOBAL HEALTH DRINKS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the Health Drinks Market Over the following forecast period, the market for health drinks is anticipated to grow at a CAGR of 7.88%. One of the markets with the greatest rate of growth is the one for health beverages. Consumers are paying attention to the growing body of research connecting food and beverage use with health. Due to this, consumers are gravitating more and more towards leading a healthy lifestyle, which helps to preserve fitness while lowering the risk of lifestyle disorders. The demand for sports nutrition products is fueled by this aspect as well as other factors including increased healthcare costs and rates of urbanisation. The growth of health beverages like functional water is driven by new formulations and better marketing strategies. Citrus varieties predominate in the market analysed in terms of flavours, however the market has seen the emergence of numerous new flavours. The most common but least unique method for giving consumers a vitamin bo...

AUTONOMOUS (DRIVERLESS) CAR MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the Autonomous Car Market The market for autonomous (driverless) cars was estimated at USD 22.22 billion in 2021, and it is anticipated that it would grow at a CAGR of 22.75% from 2022 to 2027 to reach USD 75.95 billion. The COVID-19 pandemic has had an effect on the entire automotive industry, forcing automakers to reduce production at their manufacturing facilities. The epidemic has also had a short-term negative impact on the production and R&D activities of several OEMs, which has delayed the deployment and distribution of autonomous vehicles. More autonomous cars are being developed with highly sophisticated technologies integrated with smartphones, opening opportunities for market players to attract customers due to increasingly strict government regulations focusing on improving road safety. Manufacturers have been able to improve self-driving capabilities in cars thanks to recent technological advancements in the fields of artificial intelligence, machine l...

MILLET MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Millet Market Analysis During the forecast period, it is expected that the millet market will grow at a CAGR of 4.8%. Millets comprise various small portions of cereal such as sorghum, finger millet, pearl millet, barnyard millet, proso millet, and little millet. They are grown on more than 32 million hectares of agricultural land worldwide in dry, semi-arid, and subhumid climates. The three countries that produce the most millet worldwide—India, Niger, and China—account for more over 55.0% of the total. The world's largest millet producer is India. However, due to limited water availability and subtropical climate conditions that are favourable to millet production, many countries have recently encouraged dryland agriculture, which has resulted in a sharp increase in millet production in Africa. These grains are perfect for vegetarians and vegans because of their high protein content, which is mostly found in the Americas, Europe, and Asia-Pacific. Additionally, as more people sw...

HOSPITALITY INDUSTRY IN THE UK SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the UK hospitality market Due to the uncertainty surrounding Brexit, the hospitality industry in the United Kingdom is predicted to expand at a CAGR of more than 2.5% during the forecast period and has become dynamic in terms of investment volumes recorded during the study period. Numerous research organisations have provided information showing that the UK's hotel sector was one of the economy's worst-hit industries during the COVID-19 epidemic and had a large decline in April–June 2020. The domestic hotel industry, which COVID-19-related disruptions have severely hit, also saw a sizable decline in 2021 as a result of the second wave. In 2021, investments in the hospitality sector increased, and key performance indicators improved. The overall key performers registered in London city alone are slightly greater than the overall performance recorded by the country. Due to the rising number of visitors to the UK, the need for new hotels is anticipated to rise during ...

HEALTH AND FITNESS CLUB MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Analysis of the health and fitness club market Currently valued at USD 70.3 billion, the worldwide health and fitness club market is expected to grow at a CAGR of 11.86% over the following five years. Due to rising fitness awareness among the youthful population, the industry has seen a jump in memberships post-COVID-19 that has somewhat matched and even surpassed the numbers reported in prior years. With the health benefits being a major factor in the expansion of the global market, consumers are prepared to spend more on health and fitness facilities.  Consumers are drawn to join health and fitness clubs due to the increase in gyms and health clubs offering personal training and the newest exercise equipment, which will probably have an impact on market growth in the upcoming years. Additionally, a significant portion of the market boom can be linked to the surge in online education. Consumer demand is growing for more fitness club amenities such hot yoga studios, high alti...

PAINTS AND COATINGS MARKET IN INDIA SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Market Analysis for Paints and Coatings in India By the end of this year, the Indian paints and coatings market is anticipated to reach over USD 7,645 million, and from 2023 to 2028, it is anticipated to grow at a CAGR of more than 7%. The COVID-19 epidemic had both immediate and long-term consequences on a number of industries, particularly the construction sector, which is reflected in the nationwide market for paints and coatings. The market started to steadily expand as soon as the government eliminated restrictions in 2021. The requirement for the market analysed is being driven by rising construction sector demand and a recovering automotive industry. On the other hand, it is predicted that changes in the price of raw materials may impede market expansion. Throughout the forecast period, the application of nanotechnology in the paints and coatings sector is anticipated to present a number of chances for market expansion. Get the free sample report of the  PAINTS AND COA...

PHILIPPINES E-COMMERCE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

Philippines E-commerce Market Analysis : The market has expanded recently, fueled by changing consumer preferences for online shopping and rising internet penetration in the area. The COVID-19 pandemic further accelerated this trend, luring more sellers to take advantage of the reach and other advantages offered by the E-commerce platforms in the Philippines. Increasing connectivity in the Philippines and rapidly overcoming Filipino infrastructure problems has made more and more of the large population access the Internet. Connected Filipinos access the country's E-commerce market primarily through mobile devices and computers. Every year, the need for speedy delivery services and E-commerce sales grows in the Philippines. Some of the most well-known businesses in the region and the surrounding area are opting for Quadx, which deploys new solutions to deliver products on time. For instance, in June 2022, using FarEye's Intelligent Delivery platform, QuadX has seen a significant...

UNITED ARAB EMIRATES RESIDENTIAL REAL ESTATE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Analysis of the UAE Residential Real Estate Market During the projection period, 2022–2027, the residential real estate market in the UAE is anticipated to grow at a CAGR of more than 8%. The COVID-19 epidemic caused the residential real estate market to collapse as people were compelled to stay at home and the government imposed lockdowns. However, experts predict that residential real estate prices in the UAE will continue to rise in 2022, supported by positive economic reforms and a stepped-increased vaccination campaign that has sped up the recovery from the coronavirus-caused slowdown. The UAE residential property market has recovered as people move to larger houses with outdoor facilities amid a rise in remote working and online learning. The market slowed due to a three-year oil price fall that started in 2014 over oversupply worries and the ensuing pandemic. Additionally, government programmes and economic support measures like the expansion of the 10-year golden visa prog...

REAL ESTATE INDUSTRY IN INDIA - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 The Indian real estate market is currently valued at USD 263.37 billion, and it is projected to grow at a CAGR of more than 20.51% during the following five years. The COVID-19 epidemic had an impact on the nation's real estate market. The residential sector was additionally the most severely affected, as strong lockdown measures in India's major cities had an adverse effect on property sales due to the suspension of home registrations and the sluggish release of home loans. The industry did, however, rebound as a result of an uptick in home sales, the beginning of new projects, and rising demand for new commercial and office space, among other factors. The expansion of the business environment and the demand for office space, as well as for housing in urban and semi-urban areas, are excellent complements to the growth of this sector. In terms of the direct, indirect, and induced effects on all areas of the economy, the construction industry is in third place among the 14 key ...

MARKET ENTRY - TOURISM AND HOTEL INDUSTRY IN THE PHILIPPINES: GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Tourism and hotel market analysis in the Philippines Due to a rise in international flights, the Philippine tourism industry is expanding quickly. The Philippines' tourism business is heavily reliant on the hotel industry. A growing number of hotels and resorts are making themselves available to the global tourist industry. As a result of the Philippine tourism industry's considerable rebound and its contribution of 10.4% to GDP in 2021, the Philippines' economy was listed as the fourth fastest-growing in the world in 2021.By 2028, the Philippines' tourism and hospitality sectors are anticipated to expand at a CAGR of over 10%. The Philippines' GDP grew at the fourth-fastest rate in the world in 2021, thanks in part to the tourism sector. In 2021, the Philippines' tourist industry grew by 129.5%, reaching 41 billion USD, according to the World Travel & tourist Council's most recent Economic Impact Report. 2020 saw an 80% decline, with the tourism indust...

AVIATION MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Analysis of the aviation market During the projected period, the aviation industry is anticipated to grow at a rate of about 5%. The COVID-19 pandemic had a wide-ranging impact on the aviation business, and those effects are anticipated to last throughout the forecast period. Passenger traffic in the commercial sector drastically decreased in 2020 and 2021. However, around 2022, the aviation sector began to recover and is now steadily returning to its pre-COVID-19 level. The worldwide air passenger traffic has increased in 2022 compared to 2021, according to the most recent data from IATA, ICAO, Airports Council worldwide (ACI), the UN World Tourism Organisation (UNWTO), the World Trade Organisation (WTO), and the International Monetary Fund (IMF).  The international air passenger traffic in June 2022 increased by 229.5% compared to June 2021, and the revenue passenger kilometers (RPK) in June 2022 reached 65% of that of June 2019. Get the free sample of the  AVIATION MA...

INDIA ELECTRIC VEHICLE MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 Analysis of the Indian Electric Vehicle Market The market for electric vehicles in India is anticipated to grow at a CAGR of 23.76%. Largest Segment by Fuel Type - HEV: State subsidies and ongoing promotion of BEV adoption among Indian private auto owners, corporate fleets, and leasing fleets are factors contributing to the rise of BEV. Fastest-growing category by Fuel Type - HEV: Government regulations, incentives and rebates, as well as increased consumer awareness of e-mobility, are encouraging people to purchase electric vehicles, making the BEV category the fastest-growing one in the Indian market for such vehicles. Commercial vehicles make up the largest segment by vehicle type: Due to the growing demand for passenger vehicles and the dearth of electric vehicle models in India, the passenger vehicle segment had the biggest sales of electric vehicles. Get the free sample report of the  INDIA ELECTRIC VEHICLE MARKET

UNITED ARAB EMIRATES FREIGHT AND LOGISTICS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 Analysis of the United Arab Emirates's Freight and Logistics Market According to projections, the United Arab Emirates' freight and logistics market will grow at a 6.65% CAGR. The fastest-growing mode of transportation is via road, and the fastest-growing sector is transportation. With initiatives like the USD 2.7 billion Sheikh Zayed double-deck road scheme, the nation is improving its road network. The largest destination type is domestic, which is backed by the wholesale and retail trade end-user category, which in 2022 had a share of 58.2% of all destinations. The largest end user is the wholesale and retail sector: The main end-user group helped by the UAE e-commerce business is the wholesale and retail sector. According to estimates, there will be 20% more stores in the nation in 2022. The largest temperature control is non-temperature controlled: During the study period, the non-temperature-controlled category reported a larger revenue contribution. But from 87.5% in 20...

SOUTH AMERICA FREIGHT AND LOGISTICS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 Analysis of the South American Freight and Logistics Market The forecasted CAGR for the South American goods and logistics market is 4.45%. The fastest-growing mode of transportation is rail, which is primarily fueled by Chile's USD 5 billion investment in railway infrastructure and Argentina's robust 38,326 km rail network. The most common type of destination is domestic: The key factors influencing the domestic growth of the industry in South America are Brazil's e-commerce market, estimated to be worth USD 41 billion in 2021, and the online food delivery market, estimated to be worth USD 3.17 billion. The largest country is Brazil, where alcoholic beverages, processed foods, and manufactured goods account for the majority of the country's goods volume, which climbed by 6% YoY in 2021. The largest end-use sector is manufacturing, which in 2022 accounted for 11.6% of GDP thanks to Argentina's automotive industry and its 27.8% YoY growth in automobile production. T...

JAPAN FREIGHT AND LOGISTICS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 Analysis of the Japanese Freight and Logistics Market The CAGR for the Japan Freight and Logistics Market is anticipated to be 3.12%. The fastest-growing mode of transportation in Japan is by pipelines; pipeline transportation. The overall length of Japan's gas pipeline network as of 2022 is 261,167 km. The largest destination type by far is domestic, which is backed up by the wholesale and retail trade end-user group, which had a share of 57.5% in 2022. The largest end-user segment is the wholesale and retail trade, which was helped by the Japanese online retail market's growth from USD 255 billion in 2020 to USD 257.8 billion in 2021. The largest temperature control is non-temperature controlled: During the study period, the non-temperature-controlled category reported a larger revenue contribution. However, it saw a decline in its percentage share, going from 89.8% in 2017 to 89.5% in 2021. The pharmaceutical industry supports the temperature-controlled category, which has ...

NETHERLANDS FREIGHT AND LOGISTICS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 Analysis of the Dutch Freight and Logistics Market According to projections, the Netherlands' goods and logistics market would grow at a CAGR of 4.74%. Transportation via pipelines is the mode of transportation that is expanding the quickest. Around 300,000 km of pipes are present in the Netherlands, and in the future years, existing lines will be developed. The most common type of destination is domestic: The wholesale and retail trade end-user category, which had a share of 53.5% in 2022, is what makes up the largest segment by destination type in the domestic market. The largest end user is the wholesale and retail sector: The Dutch retail industry, which saw a 4.40% increase in revenue and a 2.90% increase in sales volume in 2021, has a major positive impact on the wholesale and retail trade. The largest temperature control is non-temperature controlled, which continued to contribute more to overall sales during the evaluation period. The percentage share did, however, experie...

Germany Freight and Logistics Market Size; Share Analysis - Industry Research Report - Growth Trends

 Analysis of the German Freight and Logistics Market According to projections, the German freight and logistics market would grow at a CAGR of 3.93%. Pipelines are the sector's fastest-growing mode of transportation, and by 2023, it is anticipated that they will transport 10.8% (306.9 billion ton-km) of the total volume of the industry. The most common type of destination is domestic: In 2022, the domestic CEP market held the largest market share, with sales of USD 12.8 billion. The expanding e-commerce business led to a boom in the domestic market. The largest end user is wholesale and retail trade, which contributed 10.6% of GDP in 2022 and experienced a CAGR of 3.86% from 2017 to 2022. However, the industry's highest demand for logistics was driven by the demand for the e-commerce market. The largest temperature control is non-temperature controlled: The manufacturing sector, which contributed a significant 20.7% of the industry's GDP, had the largest proportion of the n...

E Bike Market Size Share Analysis - Industry Research Report - Growth Trends

 E-Bike Market Research According to projections, the global e-bike market would grow at a CAGR of 5.39%. Largest Segment by Propulsion Type - Pedal Assisted: The largest segment by propulsion type is pedal assistance since riders cycle more quickly and effortlessly on electric bikes with pedal aid because they produce more power from the motor. City/Urban bikes make up the largest section of the market by application type since they are continuously used for everyday commuting by workers, students, and delivery services. Lithium-ion batteries make up the largest segment of batteries by market share because they can replace lead-acid batteries with smaller, lighter battery packs that charge quickly and have a longer range. Largest nation: China The Chinese e-bike market is primarily being driven by the government's initiatives encouraging the adoption of green technologies, including e-bikes. Get the free sample report of the  E Bike Market

South Korea E-bike Market Size Share Analysis - Industry Research Report - Growth Trends

 Analysis of the South Korean e-bike market According to projections, the South Korean e-bike market would grow at a CAGR of 4.59%. Pedal-assisted bikes make up the greatest portion of the market by propulsion type because they are the most common type of bike used for everyday commuting. These bikes also assist individuals in preserving their health, saving money on petrol and making better travel choices. City/Urban is the largest sector by application type because everyday commuting on these bikes is a popular practise in South Korea. Deliveries made on bicycles also contribute to the growth. Lithium-ion batteries are the most popular battery type due to their high usage as they are lightweight, have a longer operating range, can be charged quickly, and are durable. Segment with the fastest rate of growth in terms of propulsion - Speed Pedelec: Speed pedelec is the most common and fastest-growing segment by propulsion type due to the use of high-speed cycles to escape traffic co...

GLOBAL SPEED PEDELEC E-BIKE MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 Analysis of the Speed Pedelec E-Bike market A CAGR of 6.72% is anticipated for the market for speed pedal-assist electric bicycles worldwide. Largest Segment by Propulsion Type - Pedal Assisted: Pedal-assisted bikes are widely utilised because they are quick, offer rides free of pollution, are easily accessible, can carry weight, and require little upkeep. Largest Segment by Application Type - City/Urban: As on-demand food delivery services, courier businesses, and everyday travelling to various locations increase, so does demand for city/urban e-bikes in urban regions. China is the largest country with speed pedelecs due to its growing population and increased use of e-bikes for a variety of functions, including transportation to and from offices, schools and courier deliveries. Get the free sample report of the  GLOBAL SPEED PEDELEC E-BIKE MARKET

Mexico E-bike Market Size & Share Analysis - Industry Research Report - Growth Trends

 E-bike Market Research in Mexico It is anticipated that the Mexican e-bike market would grow at a CAGR of 5.89%. Largest Segment by Propulsion Type: Pedal Assisted: The growth of the pedal-assisted e-bike segment in the Mexican e-bike market was facilitated by operators integrating pedal-assisted e-bikes into bike-sharing systems and customers favouring such bikes due to the lack of a driving licence requirement. Most Popular sector by Application Type: City/Urban: Following the COVID-19 outbreak, commuters were reluctant to use public transit, which favoured the city/urban e-bike sector because they are the least expensive form of personal transportation. Lithium-ion batteries are the most popular battery type because they have a longer lifespan (more than 2,000 charge cycles) than sealed lead-acid batteries (a maximum of 400 charges). Compared to sealed lead-acid batteries (7-8 hours), Li-ion batteries enable much faster charging (2–3 hours). The fastest-growing market segment f...

Denmark E-Bike Market Size & Share Analysis - Industry Research Report - Growth Trends

 E-Bike Market Analysis for Denmark According to projections, the Danish e-bike market would grow at a CAGR of 7.69%. Largest Segment by Propulsion Type - Pedal Assisted: Pedal-assisted e-bikes are the most popular propulsion type due to their convenience when travelling, suitability for leisure activities, ease of carrying heavy loads, and assurance of consumers' fitness levels. Sales of city/urban bikes are the largest segment by application type due to the increased use of bicycles for daily commuting to local locations like offices and stores. Largest Battery Type Segment: Lithium-ion Battery Due to their high energy density, high power density, light weight, and long life, lithium-ion batteries are becoming more and more popular in bicycles. This has made them the market's largest segment. Throttle assisted is the propulsion type with the fastest-growing segment: Throttle-assisted motorcycles perform well on terrain thanks to their large engines and high speed capabilities...

Australia E- Bike Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Australian e-bike market According to projections, the Australian e-bike market would grow at a CAGR of 1.83%. Largest Segment by Propulsion Type - Pedal Assisted: E-bikes with pedal assistance allow riders to travel farther and faster since the motor generates more power, which is useful for hauling loads and saving money and time. As a result, it is the largest market category. City/Urban bikes make up the largest part of the market by application type since they are constantly used for everyday commuting by students, employees, and delivery services. Largest Segment by Battery Type - Lithium-ion Battery: Increasingly, bicycles are using lithium-ion batteries due to improvements in technology, improved range, long battery life, and fast charging capabilities. Speed Pedelec is the fastest-growing market by propulsion type due to rising consumer interest in fast bikes so they can get to their destination faster in congested areas and because they save money on fuel...

North America Commercial Aircraft Cabin Lighting Market Size & Share Analysis - Industry Research Report - Growth Trends

 Market Analysis for Commercial Aircraft Cabin Lighting in North America The market for commercial aircraft cabin lighting in North America is anticipated to grow at a CAGR of 4.37%. The most common aircraft type is the narrowbody, which has seen quick adoption due to its ability to increase fleet management flexibility and lower operating costs for airlines. The market is being driven by the aviation industry's rising desire for low-cost, AI-based interior lighting system technologies. The fastest-growing aircraft type is narrowbody: The demand for narrowbody aircraft may expand due to the comfort and low cost of air travel as a result of greater domestic carrier competition. The market dominance of narrowbody aircraft is also a result of the rising domestic air passenger traffic around the world. United States is the largest country: The expansion of low-cost carriers' aircraft acquisition plans and the expansion of regional aviation in North America contributed to the expans...

Europe Commercial Aircraft In-Flight Entertainment System Market Size & Share Analysis - Industry Research Report - Growth Trends

 Market Research Report for Commercial Aircraft In-Flight Entertainment Systems in Europe The market for in-flight entertainment systems on commercial aircraft in Europe is anticipated to grow at a CAGR of 1.87%. The largest aircraft type is a widebody, and as international air travel grows, so does the need for IFE systems in these aircraft on long-haul flights, which fuels demand in the European market. Widebody aircraft are primarily constructed for long-haul flights, making them the aircraft type with the fastest rate of growth. Airlines that fly widebody aircraft on long-haul routes heavily favour IFE systems to keep the passengers entertained. As a result, the widebody aircraft segment rules the European aviation industry. The largest cabin class is the economy and premium economy cabin classes, which profit from the increased focus on fleet expansion, passenger comfort, and amenities. The largest country is Turkey: Due to the growing rate of air travel and the rising number ...

Commercial Aircraft Seating Market Size & Share Analysis - Industry Research Report - Growth Trends

 Market Analysis for Commercial Aircraft Cabin Seating According to projections, the market for commercial aircraft cabin seating will grow at a 6.81% CAGR. The most common aircraft type is the narrowbody, which has seen quick adoption due to its ability to increase fleet management flexibility and lower operating costs for airlines. There is now more demand for premium economy seats on low-cost airlines. The fastest-growing aircraft type is widebody: The widebody category is growing as more routes are being added globally, and airlines are putting more of an emphasis on enhancing customer comfort and amenities on lengthy trips. The largest cabin class is business and first class: The category has grown as a result of rising business-class seats and rising per capita wealth in developing nations. The largest region is North America, where the market for aircraft cabin seats is expanding as a result of both the expansion of the passenger aviation industry and the ambitions of airlin...

Europe Commercial Aircraft Cabin Interior Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the European Commercial Aircraft Interior Market According to projections, the market for commercial aircraft cabin interiors in Europe will grow at a CAGR of 2.27%. The most common product category is passenger seats, which commercial airlines are updating to add more premium economy-class seats and widen the distances between first and business classes. The fastest-growing product category is cabin windows: The need for cabin windows is being driven by a boom in the replacement of ageing aircraft, rising demand for new aircraft development programmes, and a rise in the usage of lightweight aircraft materials for fuel efficiency. The fastest-growing aircraft type is widebody, which gives flexibility to fleet management and lowers operating costs for airlines. As a result, widebody aircraft have gained popularity quickly. The predominant percentage of narrowbody aircraft is due to the rise in domestic aviation traffic around the world. Turkey is the largest country, an...

MEA Micronutrient Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the MEA Micronutrient Fertiliser Market The market for micronutrient fertilisers in the Middle East and Africa is anticipated to grow at a CAGR of 8.24%. The most consumed micronutrient is zinc, which has the largest segment by type. Many Middle Eastern and African soils are poor in zinc, and its application has been shown to boost agricultural yields and grain size. The demand for high-yield crop production is driven by the depletion of iron caused by alkaline soils with high pH and declining soil health and quality, which is the fastest expanding segment by type. Field crops make up the largest segment by crop type; they occupy more than 90% of the region's total agricultural acreage and consume the highest percentage of micronutrient fertilizers—87.6%. Nigeria has the largest section by country. Nigeria has some of the largest fertiliser producing facilities in the world and a sizable agricultural area, accounting for around 35% of the region's total cropland. G...

Europe Fertilizers Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the European Fertiliser Market The market for fertilisers in Europe is anticipated to grow at a CAGR of 4.34%. The majority of the soils in the region are mollisol, spodosol, and ultisols, which possess boron levels of 0.5–0.6 mg/L, making them boron deficient and driving the market. Field crops make up the largest segment by crop type: Europe's reliance on field crops The enormous area used for farming in the region is a major factor in the fertiliser market. More than 95% of the entire crop area is made up of them. Fastest expanding by Speciality Type - SRF: The market for slow-release fertilisers is projected to be driven by the extensive field and horticultural crop production in nations like Germany, France, and the United Kingdom. France has the largest portion by country. High productivity is required on the available land in order to satisfy the rising food demand brought on by an expanding population.It makes up around 4.46% of the cropland in Europe. Get the ...

APAC Controlled Release Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the APAC Controlled Release Fertiliser Market The controlled release fertiliser market in Asia-Pacific is anticipated to grow at a CAGR of 6.06%. Straight: CRF Urea releases the nitrogen gradually. Largest Segment by Type. Since nitrogen is the most frequently used fertiliser, CRF urea can stop nitrogen mineralization from lowering the quality of the soil. The fertilisers with polymer coatings release nutrients for a longer time, have lower leaching losses in the soil, and require less application. This is the largest segment by coating type. Field crops make up the largest segment by crop type; they occupy more than 90% of the region's agricultural acreage and consume the most CRF fertilisers, with 88.3% of overall consumption. China has the largest section by country. The world's most populous nation, China, has a lot of land that may be farmed and uses a lot of fertiliser per hectare to increase crop yields. Get the free sample report of the  APAC Controlled Re...

APAC Specialty Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Water Soluble Fertiliser Market The market for water soluble fertilisers worldwide is anticipated to grow at a CAGR of 5.78%. Phosphatic fertilisers are the most often used fertilisers after nitrogen, making them the largest sector by kind. Due to the fact that it may be applied by fertigation and foliar spray, the demand for its water-soluble form is rising. The fastest-growing micronutrients by type: Foliar application is a tried-and-true technique for delivering micronutrients in accordance with plant needs. Crop plants respond quickly because the fertiliser is delivered directly to the vascular system of the plant, increasing the efficiency of nutrient use. Horticultural crops make up the largest segment by crop type, with fertiliser use on the rise as a result of growers switching from field crops to horticultural crops, which resulted in a 1.46% increase in area between 2020 and 2021. China has the largest section by country. The world's most populous nation,...

Water Soluble Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Water Soluble Fertiliser Market The market for water soluble fertilisers worldwide is anticipated to grow at a CAGR of 5.78%. Phosphatic fertilisers are the most often used fertilisers after nitrogen, making them the largest sector by kind. Due to the fact that it may be applied by fertigation and foliar spray, the demand for its water-soluble form is rising. The fastest-growing micronutrients by type: Foliar application is a tried-and-true technique for delivering micronutrients in accordance with plant needs. Crop plants respond quickly because the fertiliser is delivered directly to the vascular system of the plant, increasing the efficiency of nutrient use. Largest Segment by Application Mode - Soil: Applying fertiliser to the soil is a convenient method for doing so without using any equipment. This application technique enhances soil fertility and plant health. India has the largest segment by country. With a consumption volume of 70 million metric tonnes in ...

Nitrogenous Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Nitrogenous Fertiliser Market The market for nitrogenous fertilisers worldwide is anticipated to grow at a CAGR of 5.47%. Anhydrous ammonia is the type of fertiliser with the fastest rate of growth. Its nitrogen content, which is 82%, is higher than that of all other nitrogenous fertilisers. The crops that use a lot of nitrogen are best suited for this product. Field crops are the most prevalent segment of all crop types and are a common source of food in many regions of the world. In the majority of agricultural nations, they represent the highest share by area. Largest Segment by Application Mode - Soil: Applying fertiliser to the soil is a convenient method for doing so without using any equipment. This application technique enhances soil fertility and plant health. India has the largest segment by country. With a consumption volume of 70 million metric tonnes in 2021, India is the second-largest fertiliser user in the world, with urea accounting for 60% of the ...

Vietnam Specialty Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Specialty Fertiliser Market in Vietnam The market for speciality fertilisers in Vietnam is anticipated to grow at a CAGR of 5.29%. The most popular category by Speciality Type is Water Soluble. These are the most cost-effective Speciality fertilisers and can be applied in a variety of ways, including foliar and fertigation, depending on the needs of the farmers. Fastest increasing by Specialty Type - Liquid Fertiliser: Due to the region's arid soils and the ease with which liquid fertilisers can be absorbed by plants, the demand for liquid fertiliser in the nation is on the rise. Largest Segment by Crop Type - Horticultural Crops: With rising demand for high-value crops and even government efforts to expand the area under cultivation, Vietnam has significant potential in the horticulture industry. The largest application mode segment is fertilisation, which is the most effective and labor-saving method of applying fertiliser. The country's increased adoption of...

China Micronutrient Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the China Micronutrient Fertiliser Market According to projections, the China micronutrient fertiliser market will grow at a CAGR of 7.36%. The largest segment by type is zinc, which is deficient in over 50% of China's arable agricultural soils, which reduces agricultural output. As a result, the nation uses zinc at a high rate. China's farmers are utilising zinc fertilisers more frequently as a result of rising zinc deficiencies and yield losses brought on by declining soil quality. Zinc is the sector with the fastest growing market share by type. Field crops make up the largest segment of all crop types, occupying over 74% of the nation's agricultural area and requiring 74.4% of all micronutrient fertilisers to grow. Most extensive subsection by soil application mode It is a common method of applying fertiliser and does not require any special tools. The plant health and soil fertility are both enhanced by this treatment technique. Get the free sample report ...

US Micronutrient Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the US Micronutrient Fertiliser Market A CAGR of 7.16% is anticipated for the US market for micronutrient fertilisers. Largest Segment by Type - Zinc: In the American states of Atlanta, Columbia, Austin, and Oklahoma, zinc deficiency is widespread. There is a common zinc deficiency in wheat, maize, and orchards. Zinc is the segment with the fastest rate of growth. Farmers are increasingly adapting to zinc application due to the widespread zinc deficiency in the US states of Atlanta, Columbia, Austin, and Oklahoma. Field crops make up the largest segment by crop type in the US fertiliser industry since they are grown there on a huge scale. Over 95% of all crop land is used for field crops. Largest section by Application Mode - Foliar: Foliar spraying, in which the fertiliser is applied directly to plant leaves, can swiftly alleviate micronutrient deficit. The plant foliage is immediately impacted by the micronutrients. Get the free sample report of the  US Micronut...