Automotive&TransportationWorld

Electric scooter and motorcycle market  is projected to reach $13,864.0 million by 2025, according to P&S Intelligence. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost of electric two-wheelers, and favorable regulatory environment. Globally, the increasing greenhouse gas (GHG) emissions have been a great concern for environmentalists and governments. This concern has led to an increase in the overall growth of electric two-wheeler sales and its adoption worldwide, thus acting as a prime driver for the growth of the market. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/electric-scooter-and-motorcycle-market/report-sample On the basis of product, the electric scooter and motorcycle market has been categorized into scooter and motorcycle. In terms of value, electric scooter held larger market share, accounting for more than 95% sha...

The  APAC electric three-wheeler market  is projected to reach $11,935.1 million by 2023, according to P&S Intelligence. The growth of the market is predominantly driven by the low ownership cost of electric three-wheelers, falling battery prices, and favourable government policies and support. Low ownership cost of electric three-wheelers driving the market growth The battery-powered electric three-wheelers are cost effective as compared to their conventional gasoline-based three-wheelers. It is so because the electric three-wheelers use stored electric charge as the fuel, which costs lesser than the gasoline (price per kilometer). The operational cost of electric three-wheeler is approximately six times lesser than a gasoline and diesel counterpart. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/apac-electric-three-wheeler-market/report-sample The fuel stations required for the conventional petrol/diesel-based three-w...

Europe electric car market is expected to grow in long term starting from a small base in 2016. Germany is the largest market for electric cars in Europe followed by Norway, the UK and France. Norway is the leading country in Europe as far as electric car penetration is concerned, with close to 30% of all cars sold being electric in the first half of 2017, followed by Iceland and Sweden. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/europe-electric-car-market/report-sample Stringent government regulations to curb pollution levels and reduce the dependence on expensive fossil fuel is driving the growth of electric car market in Europe. Netherland and Norway have banned the sales of fossil fuelled powered cars by 2025. Other countries such as Germany has also passed a resolution to ban the sales of conventional cars by 2030. Government regulations to support electric cars would continue to benefit the market over the forecast period. ...

The share of electric cars in India remains low when compared to the developed countries. However, the electric car sales have grown significantly over the last few years and would continue to grow strongly over the long term. While rising middle class and government push for a sustainable development are benefiting the sales of electric cars in the country, lack of infrastructure and high cost of electric cars are posing challenges to the sales of these cars in India. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/india-electric-car-market/report-sample The Indian government has plans to increase its renewable power capacity from 30% in 2016 to 40% by 2030. Electric cars can become a viable solution to store the intermittent renewable energy in the country. Rising middle class would emulate the western car buying habits ensuring increasing sales of electric cars. Moreover, low car penetration (19 cars per 1,000 people) also ensures sig...

The Chinese government subsidised the purchase of electric vehicles in 2009, however, this subsidy was mostly restricted to public vehicles. In 2013, the subsidy programs were extended to the electric cars considerably benefiting its sales. The 2013-2016 period can be considered as the booming period for the China electric car market when the sales saw a significant growth.  Over the next few years, the government has plans to gradually remove the subsidy making electric vehicles as a self-sustained market. Sub-standard products and lack of charging stations are the main challenges of the China electric car market . Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/china-electric-car-market/report-sample The Chinese electric car industry is benefited by strong drivers such as government support and rising income levels. Rising per capita income is encouraging people to own private vehicles driving the electric car market in ...

The increase in vehicle sales, customer’s preference for sophisticated and reliable vehicle security systems and government regulations are the major growth drivers for the global car security systems market . The growing consumer awareness about sophisticated vehicle security features, and vehicle security regulations are the other factors driving the growth of the global market. Owing to the worldwide increase in the production and sales of cars, the global car security systems market is anticipated to witness extraordinary growth during the forecast period.  Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/car-security-systems-market/report-sample The increasing demand for engine start security and keyless access systems, and growing use of smart mobile applications in vehicle security systems are some of the opportunities, which are expected to give a major boost to the growth of the global market for car security...

The global truck platooning market is projected to witness significant growth during the forecast period, owing to the rising environmental pollution and the growing need for safer road transport, operational efficiency in trucks, and efficient truck fleet management. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/truck-platooning-market/report-sample On the basis of technology, the truck platooning market has been categorized into global positioning system (GPS), human–machine interface (HMI), forward collision warning (FCW), autonomous emergency braking (AEB), lane keep assist (LKA), blind spot warning (BSW), and adaptive cruise control (ACC). Of all these, the fastest growth in the market during the forecast period is expected from the ACC technology, as it is indispensable to truck platooning. It helps in adjusting the vehicle speed and maintaining optimum distance between the trucks in a platoon through the use of radio signals. ...

Growing demand for enhanced sales tracking, better inventory management, improved customer relationship management (CRM), and easier commission and insurance calculation, in addition to technological advancements in dealer management systems (including data analytics and marketing tools) is expected to drive the global automotive dealer management system market in the coming years. Automotive dealer management systems are of two types: public and private. Of the two, the private category held the larger share in the automotive dealer management system market during the historical period. This can be mainly ascribed to the growth in the number of private companies offering these systems in the automotive industry. Also, the public companies offering these systems are fewer in number as compared to the private companies operating in the industry. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/automotive-dealer-management-system-market/repo...