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Showing posts from May, 2020

Asia-Pacific Electric Car Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

Asia-Pacific electric car market is estimated to grow at a CAGR of more than 23.0% during the forecast period. Supportive government regulations and subsidies by the government to reduce dependency on oil, and to decrease carbon emission are the chief factors for the growth of the electric car market in the region. China is the largest electric car market globally whereas countries such as India and Australia are gaining significant growth in the electric vehicle market which is expected to provide significant growth to the electric car market in the region. However, the recent downfall in electric car sales in China and Japan are some of the restraining factors for the market.  Request a Free Sample of our  Asia-Pacific Electric Car Market :   https://www.omrglobal.com/request-sample/asia-pacific-electric-car-market The market is studied based on vehicle type, propulsion technology, and battery type. On the basis of vehicle type, the market is further clas...

US Electric Vehicle Battery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

The US electric vehicle battery market is estimated to grow at a CAGR of over 11.0% during the forecast period. The increasing adoption of the electric vehicle in the US owing to the growing demand for the zero-emission vehicles coupled with the cohesive government subsidies for the purchase of electric vehicles is the key aspect to promote the growth electric vehicle battery market in the US. For instance, the US federal government had initiated a tax credit for plug-in electric vehicles purchased after December 2009. The tax credit ranges from $2,500 to $7,500 for each vehicle based on its battery capacity and gross vehicle weight rating. The ongoing technological advancement by the key players in the market to reduce the weight and size of the batteries is anticipated to offer considerable growth opportunities for the market in the US. Request a Free Sample of our  US Electric Vehicle Battery Market :   https://www.omrglobal.com/request-sample/us-electric-vehicle...

Japan Electric Vehicle Battery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

Japan electric vehicle battery market is estimated to grow at a CAGR of more than 10.0% during the forecast period. The declining price of lithium-ion batteries, rapidly increasing adoption of electric vehicles, and the increasing focus on the development of renewable energy sector are the key factors to make a considerable contribution towards the growth of the electric vehicle battery market in the country. Japan is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of electric vehicles. In 2018, the country has set a target of 15-20% electric vehicle sales in Passenger Light-duty Vehicles (PLDVs) by 2020 and 20-30% by 2030 which is further supporting the deployment of electric vehicles in the country. Request a Free Sample of our  Japan Electric Vehicle Battery Market :   https://www.omrglobal.com/request-sample/japan-electric-vehicle-battery-market The market is segmented on the basis of battery type, vehicle type, and propulsi...

India Electric Vehicle Battery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

India electric vehicle battery market is estimated to grow at a CAGR of over 8.0% during the forecast period. The rising sales of electric vehicles in the country is a major factor that is driving the growth of electric vehicles battery market in the country. The rise in initiatives taken by the various government organization such as ISRO and Indian Oil Corp. Ltd. are further augmenting the growth of electric vehicles batteries industry in the country. For instance, in August 2019, state-run oil refiner Indian Oil Corp. Ltd. announced to set up a 1 Giga Watt (GW) plant to make batteries used for running electric vehicles in partnership with an overseas start-up using a non-lithium ion raw material. Request a Free Sample of our  India Electric Vehicle Battery Market :   https://www.omrglobal.com/request-sample/india-electric-vehicle-battery-market The India electric vehicle market is segmented on the basis of battery type vehicle type, and propulsion technology....

India Electric Vehicle Charger Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

India electric vehicle charger market is anticipated to grow at a CAGR of over 25.0% during the forecast period, 2019-2025. The country has the most polluted cities across the globe. As per the World Economic Forum, in 2018, 22 out of 30 most polluted cities of the globe are of India, and automobile vehicles are one of the major sources of air pollution in these cities. Increasing awareness toward adoption of electric vehicles, focus on new electric vehicle launch, government subsidies are some of the major factors for the growth of the electric vehicles and its charging infrastructure market. By 2023, the government of India aims to electrify all the three-wheeler and all the two-wheelers by 2025. By 2030, the country aims to have a market share of 30% of electric vehicles (except two-wheelers) in its total vehicle fleet under EV30@30 campaign.  Request a Free Sample of our  India Electric Vehicle Charger Market :   https://www.omrglobal.com/request-sample/ind...

US In-Flight Entertainment and Connectivity (IFEC) Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

US IFEC market is estimated to grow significantly at a CAGR of 9.1% during the forecast period. High disposable income, a large proportion of high-income groups are some of the key factors that are continuously propelling the number of passengers traveling via airplanes. The US is home to the second most millionaires across the globe. As per the Credit Suisse report, around 40% of the global millionaires are in the US, which was around 18.6 million in 2019, with an increment of 675,000 millionaires over the past year. The high population base provides a potential customer base for the airplane.  Request a Free Sample of our  US In-Flight Entertainment and Connectivity (IFEC) Market :   https://www.omrglobal.com/request-sample/us-in-flight-entertainment-connectivity-ifec-market The market is segmented on the basis of type, and class. Based on type, the market is segregated into in-flight entertainment and in-flight connectivity. The in-flight entertainment s...

US Polylactic Acid (PLA) Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

The US Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.1% during the forecast period. Higher per capita economy, high usage of consumer electronics, automotive, plastic and packaging are the major factors contributing towards the market growth in the country. Presence of major players of PLA market which includes BASF SE, DuPont, Mitsubishi Chemical, Sigma Aldrich, Toray Group is augmenting the market for PLA in the US. The US has divided 66 chemicals into Petro?chemicals, Intermediates, Polymers & Rubber, Fertilizers, Inorganic Chemicals, and Specialties. Polymers are being used in various industries including automotive, food packaging, and agriculture industry of the US for polymer products.  Request a Free Sample of our  US Polylactic Acid (PLA) Market :   https://www.omrglobal.com/request-sample/us-polylactic-acid-market In addition, the food packaging industry is growing with a substantial rate in the US owing to the growin...

UK Polylactic Acid (PLA) Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

UK Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.3% during the forecast period. Owing to huge opportunities for packaging in the UK, the demand for bioplastics including PLA is increasing at a significant level. Other than the packaging, textiles, automotive and agriculture sector together is generating substantial opportunities in the country. UK is one of the major production hubs of the European region. UK exports a substantial amount of PLA as a material to other countries which include Germany, China, France, Saudi Arabia, Estonia, and others.  Request a Free Sample of our  UK Polylactic Acid (PLA) Market :   https://www.omrglobal.com/request-sample/uk-polylactic-acid-market There are more than 30 automotive OEMs in the nation supported by more than 2,500 component providers. Some major car manufacturers in UK include Aston Martin, Bentley, Caterham Cars, Jaguar, Land Rover, McLaren, Mini, and Rolls-Royce. Some other car manuf...

Global Electric Car Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

The global electric car market is estimated to grow at a CAGR of more than 19.0% during the forecast period. As per the International Energy Agency, there were around 5.1 million electric vehicles globally with a sale of around 2 million EVs in 2018, however, a modest growth is witnessed in 2019, due to some policy changes. Some of the key factors driving the growth of the global electric car market include cohesive government regulations, subsidies on the electric car by the government, development of charging infrastructure, and stringent target to curb the carbon emission. Due to this, automakers are continuously introducing new electric car models with a higher range and less charging time all across the globe as low distance coverage and high prices are the major restraining factor to the electric market. Request a Free Sample of our  Global Electric Car Market :   https://www.omrglobal.com/request-sample/electric-car-market The market is segmented on the b...

Germany Electric Vehicle Battery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

Germany electric vehicle battery market is anticipated to showcase a double-digit growth rate during the forecast period. Cohesive government initiatives, presence of well-established automobile manufacturing industry, and rising electric vehicle sales are the major factors that are making significant contribution towards the growth in the electric vehicle batteries market share. To accelerate large-scale battery production in Germany, in June 2019, the German government provided $1.0 billion fund to German companies and an additional $540 million to support research into both existing and next-generation electric vehicle batteries. Request a Free Sample of our  Germany Electric Vehicle Battery Market :   https://www.omrglobal.com/request-sample/germany-electric-vehicle-battery-market The market is segmented on the basis of battery type vehicle type, and propulsion technology. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. ...

Germany Electric Car Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

Germany electric car market is projected to augment at a CAGR of more than 23.0% during the forecast period, 2019-2025. In 2010, the government of Germany had set a target to introduce 1 million EVs in the country, however, as of now the target is shifted to 2022. The high purchasing power, government incentive, and presence of major market players are among the major factors for the growth of the electric car market in the country. Exponential growth in the electric car market has been registered in 2019 in the country. As per the European Automobile Manufacturers Association, a growth of 60% YoY is registered in the country in 2019. Around 109,000 electric vehicles were registered in the country as compared to 67,600 in 2019.  Request a Free Sample of our  Germany Electric Car Market :   https://www.omrglobal.com/request-sample/germany-electric-car-market The market is analyzed on the basis of vehicle type, propulsion technology, and battery type. Based o...

ASEAN Electric Two-Wheeler Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

The ASEAN electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The increasing government initiatives and subsidies to provoke the sales of the electric vehicle is the key factor to propel the growth of ASEAN electric two-wheeler market. In April 2019, the Thailand Board of Investment (BOI) announced to reduce excise tax to 2% from 8% for eligible automobile companies planning to produce electric vehicles in the country. In addition, as per the presidential decree, 55/2019 in Indonesia, two-wheel EVs must have at least 40% Indonesian parts to qualify for a subsidy from 2023 on wards and at least 80% from 2026. Request a Free Sample of our  ASEAN Electric Two-Wheeler Market :   https://www.omrglobal.com/request-sample/asean-electric-two-wheeler-market The market is segmented on the basis of product type, battery type, and region. Based on the product type, the market is sub-segmented into electric scooters and electri...