Automotive&TransportationWorld

The presence of favorable government policies and measures in many European countries and cities is one of the important factors responsible for the soaring adoption of carsharing services in Europe. For instance, the Mayor of London announced, in 2018, his plans of building public parking spaces in the city that would significantly reduce the private ownership of cars and facilitate car parking in the city. Similarly, the Mayor of Paris announced, in April 2017, her plans of making the city the first post-car city in the world. Powered by the above-mentioned factors, the  European carsharing market  is predicted to register huge growth in the coming years. The most widely used types of cars in the carsharing services in the region are—luxury, executive, and economy class cars. Out of these, the adoption of economy class vehicles was found to be the highest in the carsharing services in Europe in the past. This is mainly credited to the higher fuel efficiency and lower require...

The transportation of goods from one place to another has always been a matter of importance. People are mostly aware regarding home delivery of things that they order online, however, it is but a miniscule part of road transport or road freight. Goods are transported on a daily basis from industries to wholesale stores or retail stores, or from wholesale to retail stores. This transportation of merchandise and goods via road, using vehicles such as vans or trucks, is referred to as road freight. While goods can now be transferred via air or ocean transport, road transport remains one of the most common ways of delivering goods. Request to Get the Sample Report:   https://www.psmarketresearch.com/market-analysis/road-freight-transportation-market/report-sample Road freight is effective, efficient and significantly cheaper than air freight. Swift urbanization and expanding e-commerce sector are among the key factors resulting in the rising demand for road freight. As the sp...

Various countries have now shifting towards mobility options that have less carbon emissions. As the awareness regarding the need for shifting to eco-friendly means is growing, people are widely opting for sustainable products. Owing to this, the penetration of electric vehicles has been growing considerably across the globe. While initially, electric cars and scooters have been in high demand, however, the adoption of electric buses has been growing as well all over the world, including the European region. The fund was meant for the purchase of plug-in-hybrid electric buses and electric buses, along with the construction of the related electric charging infrastructure needed for the operation of these buses. Furthermore, at the cities and regional level transport organizations and manufacturers endorsed a common ambition for accelerating the rollout of electric buses, which was formalized by the signing of the European Clean Bus Deployment Initiatives. Request to Get the Sam...

The global electric vehicle industry has grown massively over the last few years. The rapid expansion of the industry since the mid-2010s has been because of the shared vision among the industry players, the civil society, and policymakers. Moreover, the governments of many countries have enacted initiatives that have massively propelled the expansion of the global electric vehicle market. The total electric car fleet in the world surpassed 7.2 million units by December 2019. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/covid-19-impact-analysis-electric-vehicle-industry/report-sample This was a growth of over 40% from 2018. Furthermore, according to many reports, the total electric vehicle sales in the world in 2019 were 2.1 million units. However, with the outbreak of the COVID-19 pandemic, the sales of these vehicles are dropping significantly all over the world. According to surveys, there would be a fall of around 15% in the global el...

Self-piercing rivets (SPR) offer better fastening solutions in instances where spot welding is not practical. It is the process of forming a mechanical interlock between multiple pieces of similar or different materials. The interlocking is done by forcing a rivet through the top sheet through the piercing and then fortifying the top one with the one on the bottom, without piercing it. The process of applying automatic SPRs incorporates four steps— clamping, piercing, flaring, and compression. It is used to interlock pre-painted metals (white goods), zinc-coated steel (heating, ventilation, and air conditioning [HVAC] industry, construction sector, and automobile sector), and aluminum (signs). Request to Get the Sample Report:  https://www.psmarketresearch.com/market-analysis/automatic-self-piercing-rivets-market/report-sample The demand for such fasteners is expected to grow from 8.1 billion units in 2015 to 45.0 billion units by 2022, with the  automatic self-piercing rivets...

The increasing pollution levels and carbon emissions caused because of the large-scale utilization of oil and gas powered vehicles are majorly responsible for the surging popularity of electric vehicles across the world. The deteriorating air quality levels in many countries coupled with global warming has made many environmentalists, activists, and governments take numerous measures for creating awareness about alternative eco-friendly sources of power such as electrical energy. Additionally, the governments of several countries are offering hefty financial incentives to their people on the purchase of electric vehicles, which is in turn, boosting the sales of these vehicles. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/two-wheeler-hub-motor-market/report-sample In addition to being environment-friendly, the electric two-wheelers serve as excellent alternatives to the light motor vehicles (LMV) and are thus, enjoying soaring popularity all ov...

The  European automotive telematics market  attained a value of $7,340.3 million in 2019 and is predicted to advance at a CAGR of 16.1% between 2020 and 2030. Furthermore, according to the forecast of P&S Intelligence, a market research firm based in India, the market would generate a revenue of $37,249.8 million in 2030. The burgeoning requirement for advanced safety features in automobiles and the increasing implementation of supportive government policies are the main factors fueling the expansion of the market. Request to Get the Sample Report:   https://www.psmarketresearch.com/market-analysis/europe-automotive-telematics-market/report-sample The rising prevalence of road accidents is the biggest factor responsible for the increasing requirement for enhanced safety features and systems in vehicles. Human error is one of the leading causes of road crashes and casualties in Europe and the rest of the world. According to the Community database on Accidents on the Ro...

The world economy has gone global, and almost all the products are now available online. Keeping up with the practice of online shopping, the automobile industry has also gone virtual. Automotive e-tailing, a product of this new practice, refers to the selling of automotive components online. Components, such as tires and wheels, interior accessories, powertrains, infotainment multimedia consoles, and electrical and electronic products, can all be bought over the internet. The automotive e-tailing environment caters to the demand generated by the owners of passenger cars, two-wheelers, and commercial vehicles. With a transparent logistics and distribution network, the demand for automotive components has increased in recent years. Owing to this exponential increase in demand, the automotive e-tailing market generated $26,064.0 million in 2016, and it will advance at a CAGR of 13.1% during 2017–2023,to generate over $59,4000.0million by 2023.The increasing penetration of the internet an...

The rising internet penetration and the soaring number of smartphone users are the other important factors fuelling the rise in the requirement for electric two-wheeler sharing services in Europe. Driven by these factors, the  European electric two-wheeler sharing market  is set to progress at a CAGR of 35.0% during the forecast period (2019–2025). Depending on trip distance, the electric two-wheeler sharing services are divided into- round and one-way trips. Of these, the hailing of one-way rides was found to be higher in 2018. There are mainly two types of electric two-wheelers commonly used for ride sharing services in Europe- kick scooter and electric scooter/moped. Of these two vehicles, the electric scooter-based rides recorded higher demand over the last few years. This is mainly attributed to the existence of major companies offering electric two-wheeler ride sharing services in the region and the availability of scooter sharing services in several European cities from...