According to Renub Research’s latest report, “ Electric Scooter Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis” Electric Scooter Market is projected to grow at a CAGR of 13% from 2022 to 2028. As the world becomes more electronic and hybrid, the e-scooter market is undergoing a significant transformation. Urban riders have long favored electric-powered scooters due to their convenience and low weight. However, as people become increasingly aware of the health and safety benefits of using e-scooters, demand is increasing. Alternative modes of transportation like e-scooters are gaining popularity as more people become concerned about air quality. E-scooters have numerous advantages over traditional scooters, and their futuristic appearance only adds to their appeal. Despite this, e-scooters have not yet been widely adopted, and many factors about this technology are still unknown.
In recent years, environmental problems caused by vehicles and fuel economy have caused the electric scooter market to flourish. Being a green, environment friendly, and economical vehicle is an important goal for the economic and social development of many countries and the future direction of the vehicle. An electric scooter, or e-scooter, is a motor vehicle powered by an electronic motor and a rechargeable battery. E-scooter is rapidly emerging in significant countries, enabling people to make short and cheap trips. Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/electric-scooter-market-p.php Moreover, electric scooter vehicle batteries receive inexpensive solar power, lowering operating expenses compared to fossil fuel engines. These engines’ significantly reduce maintenance costs are helping the business expand. When compared to mechanical versions, electronic systems are more systematic and durable because there is less friction-related wear and tear. As a result, two-wheeler scooter is more durable and kind to the environment, spurring the industry’s expansion.The electric scooter market is growing rapidly due to factors such as decreasing battery costs, renewable energy use, government support, low operating expenses, LED lights, and electric motors, which contribute to lower maintenance and environmental impact. Digital payments and micro-mobility in logistics also provide significant growth opportunities in the market. Retro Scooter is rising due to the attraction towards the Traditional Vintage Design In recent years, there has been a steady increase in the sales of retro electric scooters. This can be attributed, in part, to the growing popularity of vintage-style designs, as many customers prefer scooters with the classic appearance of earlier models. Additionally, manufacturers have diversified their product lines to include more contemporary electric scooter models, which is a significant trend in the retro scooter market. The demand for vintage-inspired designs and the continual expansion of product offerings by manufacturers suggest that this trend will likely persist in the future. Moreover, the expansion of specialty shops and online communities dedicated to retro scooters, along with other contributing factors, is fueling the growth of retro electric scooters in the electric scooter market. 48V Battery will rise during the projected year in Electric Scooter Market A 48V battery is a rechargeable battery that delivers a voltage output of 48 volts and is commonly utilized in applications requiring high power output and extended runtime. These batteries are lightweight, occupy less storage space, and offer higher performance. They also provide greater efficiency and numerous charge cycles, which make them desirable to electric two-wheeler manufacturers seeking to enhance propulsion and reduce power lag. Additionally, advanced technologies like regenerative braking can be integrated into 48V batteries to improve the performance of electric motorcycles and scooters. Furthermore, 48V batteries can power electric scooters, making them an environmentally friendly option that could boost the electric scooter market. Lithium-ion Batteries Share in Electric Scooter Market will rise due be more advantages over other type of Batteries Lithium-ion batteries are commonly used in electric vehicles due to their high energy density, fast charging capabilities, and extended lifespan. These batteries charge quickly because of their electrode and electrolyte properties, and the demand for rechargeable scooter batteries with low self-discharge rates has boosted their sales in the electric scooter market. Compared to NI-NM batteries with a terminal voltage of only 1.2-1.5 V, lithium-ion batteries have a cell terminal voltage of around 3.6-3.85 V, making them more efficient. The decrease in lithium battery prices has also made electric scooters more affordable for users, and modern lithium-ion batteries can last for up to a decade before replacement. The industry’s rapid growth is driven by low-cost production, simple cell architecture, high energy density, lightweight, high resistance to physical damage, and lower risk of electrolyte leakage. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=electric-scooter-market-p.php Asia Pacific is Expected to acquire the Maximum Share with Supportive Government Policies The electric scooter market in emerging Asia is being significantly supported by government policies. For instance, Thailand has implemented the 3030 EV Production Policy, which aims to achieve 30% domestic vehicle production by 2030. Indonesia has announced plans to ban the sale of all fossil-fuel motorcycles by 2040 and all fossil-fuel cars by 2050. The Indian government plans to convert all government vehicles to electric vehicles by 2030, and after 2025, only electric cars will be permitted to be purchased. Additionally, the increasing trend of shared bikes, electric scooters, and dockless bikes among the metropolitan populace is driving growth in the region. This growth is also fueled by the emergence of more e-scooter manufacturers and investments in vehicle charging infrastructure, particularly in China, India, and Taiwan. Key players in the electric scooter industry in China include Yadea, Jiangsu Xinri Electric Vehicle Co. Ltd., Zhejiang Luyuan, AIMA Group, and Niu International. Competitive Landscape Prominent companies competing currently in the Electrical Scooter Market are Energica Motor Company, Niu Technologies, Vmoto Limited, Yadea Group Holdings Ltd, KTM Group. Market Summary:-
India Air Conditioner Market : https://www.renub.com/india-air-conditioner-market-p.php Water Purifier Market : https://www.renub.com/water-purifier-market-p.php Folding Furniture Market : https://www.renub.com/folding-furniture-market-p.php Smart Parking Market : https://www.renub.com/smart-parking-market-p.php About the Company: Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets. Media Contact: Company Name: Renub Research Contact Person: Rajat Gupta, Marketing Manager Phone No: +1-478-202-3244 | +91-120-421-9822 (IND) Address: 225 Kristie Ln, Roswell, GA 30076 Email: [email protected] LinkedIn: https://in.linkedin.com/company/renub-research According to Renub Research latest report, “Smart Lock Market, Size, Global Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” Global Smart Lock Market is estimated to reach US$ 6.68 Billion by 2030. A smart lock is a type of locking mechanism that combines electronics and mechanics to enable remote access and entry into a building or property. It is utilized in a variety of industries and can be controlled through smartphones and other smart devices using communication technologies such as Wi-Fi, Bluetooth, Zigbee, or Z-Wave. The smart lock permits remote authentication of verified and authorized users, allowing them to unlock the lock and gain entry.
Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/smart-lock-market-p.php Recent advancements in wireless technology, the growth of the Internet of Things (IoT), and the escalating demand for secure and convenient access control solutions have fuelled the rapid growth of the smart lock industry. These electronic locks can be remotely controlled via a smartphone or other connected device, enabling users to lock and unlock doors without the need for a physical key. Smart Lock Market was US$ 2.19 Billion in 2022 Compared to traditional locks, smart locks provide several benefits such as enhanced convenience, improved security, and greater control over property access. Additionally, they can be integrated with other smart home devices like security cameras and smart thermostats, resulting in a comprehensive home automation system. As technology advances, the smart lock industry is expected to continue expanding and developing even more advanced access control solutions. By Type: Deadbolts have largest market share in Global Smart Lock Market Based on type, there are four divisions- Deadbolts, Lever Handles, Padlock, and Others. The largest market share in the smart lock industry is held by the deadbolts segment. This can be attributed to the growing use of deadbolts in residential and commercial settings. Deadbolts are favoured for their low installation cost, high durability, and ability to provide effective security against intrusion or attacks, making them popular in various applications, including residential and commercial. These benefits have contributed to the growth of the deadbolts segment in the smart lock industry. The lever handles segment is expected to demonstrate the fastest revenue growth rate in the smart lock industry during the forecast period. This is primarily due to the increasing use of lever handles, which are particularly beneficial for older individuals, children, and those with disabilities due to their ease of use. Moreover, the growing demand for seamless integration with other smart devices and the surging popularity of smart home technology are further expected to propel the revenue growth of this segment. On the other hand, the padlocks segment is projected to account for a significantly large revenue share during the forecast period. This is due to the increasing use of padlocks for securing outdoor storage areas such as sheds and storage units. Padlocks are particularly helpful for organizations that require secure lockers for staff or clients. By Technology: Biometrics will drive future Smart Lock Market Keypads, RFID cards, Biometrics, and Wireless, are the different types of technologies used in smart locks. Advanced technologies such as biometrics, multi-factor authentication, and encryption are expected to be incorporated into smart locks in the future to enhance their security features. This will result in improved protection against unauthorized access and provide users with greater peace of mind. Biometric authentication smart locks offer several advantages over traditional locks and even other types of smart locks. They provide enhanced security as biometric data is unique to each individual and cannot be easily replicated or stolen. They also eliminate the need for physical keys, which can be lost or stolen, and passwords, which can be easily forgotten or hacked. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=smart-lock-market-p.php By Application: Residential segment holds the largest Revenue Share The application of smart locks is prevalent in Residential, Commercial, Critical infrastructure, and other sectors. The residential segment holds the largest revenue share, driven by the growing popularity of smart home technology and increasing demand for home security systems. Homeowners are increasingly turning to smart locks due to their ease of use, convenience, and ability to integrate with other smart devices. Furthermore, the ability to remotely manage multiple entry points and track premises security has driven the adoption of smart locks in spaces like schools and churches. As a result, stakeholders are investing significant amounts in this technology to meet the increasing demand. These statistics underscore the importance for organizations in these spaces to prioritize the highest levels of security, particularly in light of the prevalence of mass shootings in public areas. By Distribution Channel: Online channels are driving the sales of Smart Lock Market Distribution of smart locks is possible through online channels and offline channels. The online smart locks market is expected to continue to grow in the coming years as more consumers seek out smart home solutions and the convenience of online shopping. The growing demand for home automation and smart home technology has led to an increase in the availability of smart locks through online channels. Many consumers are looking for ways to improve the security of their homes while also enjoying the convenience of remote access and monitoring, which smart locks can provide. Region: North America, Europe & Asia-Pacific will lead the Smart Lock Market North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa are the regions that comprise the smart lock market. The North American region is home to numerous manufacturing and technology companies. In recent years, the deployment of smart locks has increased in this region due to the growing number of smartphone users, who value the easy user interface and convenience offered by these devices. Other factors driving the growth of the smart locks market in North America include the increasing awareness of secure home solutions, the constant development of smart devices such as smartphones, the rising disposable income of consumers, and the booming availability of internet services. Key Company The market is highly competitive with major players such as Allegionplc, Avent, AssaAbloy, DormaKaba Holding AG, Samsung, Zhejiang Dahua Technology Co. Ltd., Spectrum Brands Holdings, Inc., and Panasonic Corporation vying for a share. Type – Smart Lock Market breakup from 4 Viewpoints: (Deadbolts, Lever Handles, Padlock and Others) Technology – Smart Lock Market breakup from 4 Viewpoints: (Keypads, RFID cards, Biometrics and Wireless) Application – Smart Lock Market breakup from 4 Viewpoints: (Residential, Commercial, Critical infrastructure and others) Distribution Channel – Smart Lock Market breakup from 2 Viewpoints: (Online and Offline) Region – Smart Lock Market breakup from 5 Viewpoints:
Company has been covered from 3 Viewpoints:
Company Analysis:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Contact Us: Renub Research Phone No: +1-478-202-3244 | +91-120-421-9822 (IND) Email: [email protected] LinkedIn: https://in.linkedin.com/company/renub-research Web: www.renub.com Renub Research has recently released a report titled "Medical Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," providing a detailed industry analysis that includes market share insights. The report also includes competitor and regional research and contemporary advancements in the market. According to this research report Medical Robotics Market shall be US$ 72.22 Billion in 2030. Medical robots are specialized in hospitals, clinics, and research facilities to perform specific medical tasks like surgery, diagnosis, and rehabilitation. These robots have advanced sensors, cameras, and other tools, allowing them to perform precise and complex procedures with minimal human intervention. Examples of medical robots include surgical, rehabilitation, and diagnostic robots.
Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/medical-robotics-market-p.php Technological advancements in medical robotics market have expanded their capabilities, leading to better patient outcomes and increased efficiency in medical procedures. Improved precision and accuracy are achieved through advanced sensors and cameras, reducing human error and minimizing complications. High-resolution cameras provide detailed views, enhancing visualization and improving accuracy. Increased automation reduces the need for human intervention, resulting in faster procedures and improved patient safety. In addition, healthcare professionals can integrate medical robots with other technologies, such as 3D printing and virtual reality, and enable minimally invasive procedures, reducing recovery time and improving patient comfort. Medical robots market have transformed healthcare, resulting in better patient outcomes, reduced costs, and increased efficiency. Medical robots industry has some drawbacks, including high acquisition and maintenance costs, which can limit access to medical procedures for some patients. Medical robots also require specialized training and expertise, which can be time-consuming and costly. Moreover, medical robots depend on complex technology, making them vulnerable to technical issues that can cause the postponement or cancellation of medical procedures, affecting patient outcomes. Pharmacy application Improves Medication Management which adds to its Growth Pharmacy applications can improve medication management by reducing errors and providing real-time tracking, especially in surgical settings with multiple medications. They increase efficiency by automating tasks and improving patient outcomes with accurate medication information. Pharmacy applications can also lower costs by reducing manual management and improving inventory. As the medical robotics industry grows, the use of pharmacy applications shall become more prevalent. The orthopedic medical robot market pertains to the utilization of robotic technology across a range of orthopedic procedures. With the capacity to elevate the precision and accuracy of surgical interventions, medical robots are progressively gaining acceptance in the orthopedic market, leading to better patient outcomes and quicker recovery periods. Additionally, these robots enable surgeons to achieve better visualization and control during surgery, diminishing the likelihood of complications and boosting patient safety. Given the increasing demand for orthopedic procedures, it is anticipated that the medical robots market in orthopedics will continue expanding in the foreseeable future. Hospitals remain the dominant user Preference in Medical Robotics Market Hospitals have more significant financial and technological resources than other healthcare providers, making investing in expensive medical robotics systems easier. In addition, the frequent use of medical robotics systems for complex surgical procedures every day in hospitals. Finally, hospitals often have dedicated research and development departments, keeping them up-to-date with the latest advancements in medical robotics technology and allowing them to adopt new systems as they become available. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=medical-robotics-market-p.php Specialized medical facilities, such as cancer centers, cardiac centers, and neurology centers, have started utilizing robotics technology in the medical robot industry. This increasing adoption is because medical robots enhance the precision and accuracy of medical procedures, resulting in better patient outcomes and faster recovery times. As the demand for specialized medical treatments continues to grow, the medical robot industry in specialty centers is predicted to continue expanding in the upcoming years. North America has hegemony in the Global Medical Robotics Market North America dominates the medical robotics market as it has a developed healthcare infrastructure, technologically advanced hospitals, and high healthcare expenditure, facilitating investment in medical robotics. As a result, many major medical robotics companies are based in the region, driving innovation and development. Additionally, the area has a favorable regulatory environment, a large patient population with high disposable income and insurance coverage, and a strong focus on research and development, leading to the development of advanced medical robotics technology. In the Asia Pacific region, the medical robotics market is expected to witness significant growth during the forecast period. This growth can be attributed to various factors, such as the governments' efforts to promote technological advancements in the pharmaceutical sector, which is leading to greater accessibility and investment in medical robotics. The demand for medical robots in China is primarily driven by the adoption of instrument-based services, as well as a shortage of skilled physiotherapists and caretakers. In addition, the Australian medical robotics sector is highly advanced, as evidenced by the recent introduction of Versius, a surgical robot designed to reduce the physical demands on surgeons. This development highlights Australia's position in the medical robotics market. Competitive Landscape Analysis The medical robotics Market is multiplying, offering new entrants and established companies’ opportunities to expand their product offerings. Healthcare providers demand medical robotics systems to improve patient outcomes, increase efficiency, and reduce costs. The industry's wide range of applications creates diverse opportunities for specialization. Technological advancements and innovations drive competition, and the global market with companies from different regions vying for market share further fuels it. Some major companies operating in the market are IRobot, Intuitive Surgical, Stryker, Accuray, Medtronic, Smith & Nephew, McKesson, and Ekso Bionics Holdings. Market Summary:
Key Players - All the major players in the report Medical Robotics Market have been covered from 3 Viewpoints (Overview, Recent Developments, and Revenue) IRobot, Intuitive Surgical, Stryker, Accuray, Medtronic, Smith & Nephew, McKesson, and Ekso Bionics Holdings. Browse Related Report: Ophthalmic Device Market https://www.renub.com/ophthalmic-devices-market-p.php Trauma Fixation Device Market https://www.renub.com/worldwide-trauma-fixation-device-market-and-forecast-519-p.php Cardiac Bio Implant Devices Market https://www.renub.com/cardiac-bio-implant-devices-market-p.php Respiratory Care Devices Market https://www.renub.com/respiratory-care-devices-market-p.php About the Company: Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets. Media Contact: Company Name: Renub Research Contact Person: Rajat Gupta, Marketing Manager Phone No: +1-478-202-3244 | +91-120-421-9822 (IND) Address: 225 Kristie Ln, Roswell, GA 30076 Email: [email protected] LinkedIn: https://in.linkedin.com/company/renub-research Web: www.renub.com As per the latest report by Renub Research titled “Battery Market by Transport, Size, Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" the Battery Market by Transport Size will reach USD 158.41 Billion by 2027. A transportation battery is an electric battery utilized in all-electric vehicles. Transportation batteries rely solely on the chemical energy stored in rechargeable battery packs and do not need a secondary source of propulsion (internal combustion engine, hydrogen fuel cell, and others). The development and commercialization of energy storage technology will significantly impact the power system; because of rapid growth and expansion from small scale towards large scale. It has been durable for more than ten years. Transportation batteries have a wide range of applications like electric trucks, electric vans, rail, electric buses, electric cars, electric motorcycles, scooters, and rickshaws.
Worldwide Battery Market Size by Transport was valued at USD 86.24 Billion in 2021 Notwithstanding, the growing integration of electronics and the rising demand for transportation are the driving factors for the transportation battery industry. Likewise, fuel savings & government incentives for cleaner transportation are essential factors that can boost the growth of the transportation battery market. Furthermore, the introduction and innovation of new hybrid & electric automotive models from OEMs are anticipated to capture the transportation battery market, serving as a stepping stone for market growth. COVID-19 Impact on Battery Market by Transport During the pandemic, lithium cell manufacturing plants were temporarily stopped, resulting in a lithium supply shortage in various industries, negatively affecting the transportation battery market. Similarly, the cost of lithium hydroxide, which is utilized in Electric Vehicles (EVs), has grown due to the impact of COVID-19, which has resulted in logistical problems and a rise in the production price as a result of the outbreak. Trade restrictions imposed by the COVID-19 pandemic hindered the supply chain of components such as cobalt and lithium, which are necessary for the manufacturers affecting the transportation battery market growth. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=global-battery-market-by-transport-p.php The Lead-Acid Battery is anticipated to have Significant Growth Based on Battery Type, transportation battery includes Lithium-ion Based, Lead-acid Based, Nickel-Based, Sodium-ion, and others. The lead-acid battery is rising significantly worldwide. Some of the aspects that surge the need for lead-acid batteries are increase in renewable energy production, developing SLI applications in the automotive industry, and increased demand for energy storage devices. Lead-acid batteries are widely used in the transportation industry, as countries embrace electric vehicles to reduce carbon emissions. The need for lead-acid batteries in the transportation industry is developing rapidly, as emerging economies’ governments support environmentally friendly modes of transport and clean energy. Besides, the market for lithium-ion batteries is expected to observe the fastest growth during the coming year. A lithium-ion battery is equipped for automotive, consumer electronics, energy storage systems, industrial, and others that demand high-energy density solutions such as electric automobiles and hybrid. Further, to increase vehicle economies, manufacturers are continuously focusing on reducing the price of the battery, driving the market growth globally. Automotive Battery is the largest segment in Battery Market by Transport On the basis of Vehicle Type, transportation battery segmented into Automotive Battery, E-bikes, Marine, Forklift. The automotive battery is anticipated to witness steady growth during the forecast period due to the growing preference of end-users for zero-emission hybrid and electric vehicles, owing to the falling battery price, decreasing crude oil reserves, and environmental effects of conventional automobiles. In accumulation to this, a rises in the global battery production capacity has enabled achieve economies of scale in the automotive battery market, which is another primary driver for market growth. Furthermore, an automotive battery is a rechargeable battery, and it supplies electrical current to a motor vehicle. The batteries are mainly utilized for lighting, powering starting, and ignition of a vehicle. Apart from this, automotive battery is also used to provide power to automobile accessories such as music players, air conditioners, radio, wipers, and charging plugs. Asia-Pacific to Witness Considerable Growth Geographically, the Asia Pacific is the biggest automotive battery market, followed by the Americas, Europe, and the Middle East and Africa. The growth rate is largest in the Asia Pacific and is anticipated to be even higher during the forecasted period. Such an increased growth rate is attributed to the emergence of China as a international hub for the automobile industry and rising demands for vehicles from some of the other Asian countries such as Indonesia, Malaysia, India, Thailand and the Philippines. On the other hand, India and China are to be adequate investment hotspots for battery companies in the coming years, based on policy-level support from the respective governments boosting the manufacturing sector. The deployment of electric vehicles and the building of renewable power plants in China and India are growing rapidly, fostering massive demand for batteries. Competitive Outlook The major players in the transportation battery market consist of GS Yuasa Corporation, Johnsons Controls Inc, BYD Company Ltd., Samsung SDI Company Limited, Exide Technologies. The companies are tying up with car companies to increase their market share. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/global-battery-market-by-transport-p.php Market Summary:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch As per the latest report by Renub Research titled "Online Education Market, Size, Global Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" the Global Online Education Market Size was USD 585.48 Billion in 2027. Recently, online education has become an essential part of the modern education system. Online education is an electronically supported learning framework, which depends on the internet for cooperation and appropriation of study material among understudies and instructors. Many drivers drive the Online Education Market. It offers both the students and teachers an efficient way to transfer knowledge by the mode of videos, PDFs, podcasts, etc., which are beyond the scope of paper and pen. It also offers accessibility of time and place, which helps the schools and other educational universities access, many other students.
Online education platforms are more affordable than general pen and paper models and are easy on the environment. Nonetheless, developing interest to decrease the expense of instruction, expanding government drives supporting online schooling, and growing infiltration of cell phones and the internet are the variables adding to the growth of the online education market. Similarly, the market growth is anticipated to be facilitated, attributing to the expanding interest for versatile and adaptive learning and the emergence of an AI-enabled e-learning solution. COVID-19 Impact on Online Education Market With the rise of the COVID-19 cases, all colleges, schools, and other learning institutes were closed due to the lockdown implemented to avoid the spread of the coronavirus. This fuled the growth of online education platforms as academic institutes embraced e-learning mediums to provide training and education for individuals during the COVID-19 executed lockdowns. In 2020, according to UNESCO (United Nations Educational, Scientific and Cultural Organization), over 1.2 billion students in 186 countries were impacted by school closures due to the COVID-19 pandemic. Countries that are worst smacked by the coronavirus have seen unprecedented growth in distance education enrollments. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=online-education-market-p.php Academic Institutions hold a Significant Market Share On the basis of user's type, the online education market is segmented into government, academic and corporate. With the rising number of students in academic organizations and the regular need to upskill and provide industry-relevant training to the staff, academic institutions and corporations need to develop options that allow individuals to learn anytime from anywhere. Increased effectiveness of animated learning and flexibility in learning are other factors contributing to academic institutions' growth of online education. Lack of competent staff in various colleges and schools across the developing nations also results in the adoption of online schooling by the students. Support and government funds are other primary drivers for academic institutions' growth of online education. Online Mobile e-learning is the Fastest-Growing Technology Segment By technology, online e-learning delivers knowledge to students through electronic modes such as audio, e-books, videos, AR/VR, or any other electronic method. Online e-learning technology provides various benefits to the students, including low cost of education and specialized course learning. Additionally, online e-learning has become an integral part of the majority of institutions as it enhances the performance of employees. For instance, according to IBM statistics, e-learning can increase productivity by 50% by using online e-learning software to provide employees with an amazing opportunity to engage in their training courses at any suitable time. Apart from this, mobile e-learning is the fastest-growing technology segment due to increasing income levels, and then those dollars flowing into mobile sales in the developing countries have propelled the growth rate and growth prospects for mobile e-learning. North America & Asia Pacific Online Education Market would Witness Market Growth Online education in Asia Pacific has glimpsed an enhanced acceptance over a few years. It is an integral part of the colleges, schools, and even offices across Asia. One of the advantages of online education is that this kind of education model is efficiently scalable. The government is also allowing the universities to deliver fully online degrees, a change that could reshape the education industry in the country like India and China. Besides, the availability of high-speed internet and the advent of the 5G network in Asia-Pacific are delivering lucrative opportunities for market players to adopt innovative technologies. Over the years, the increased penetration of the internet and the availability of low-cost smartphones has raised the number of online users in India. This has created a surge in demand for online education like K-12 education, vocational training, higher education in rural and urban areas. Similarly, the government in India is undertaking various digital initiatives such as ePathshala, which provides educational web resources for students, parents, teachers, researchers, and educators. Key players operating in the market include Coursera, Instructure Inc., Byju's, Adobe Inc., and Alphabet Inc. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/online-education-market-p.php Market Summary: User Type - We have covered Global Online Education Market breakup by 3 viewpoints by- User Type (Academic (Higher Education, Vocational Training, K-12 Education and Others), Corporate (Large Enterprise and SMBs and Government) Provider - Renub Research Report covers by provider in the 2 viewpoints (Services and Content) Technology - Our Report has covered Global Online Education Market breakup by 6 Technology (Online e-learning, Learning Management System (LMS), Mobile e-learning, Rapid e-learning, Virtual classroom and Others) Region - This Report covers by Region in the 5 viewpoints (North America (United States and Canada), Europe (United Kingdom, Germany, France, Italy, Spain and Russia), Asia-Pacific (China, India, Japan, South Korea, Singapore and Australia), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Middle East & Africa) All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Coursera, Instructure Inc., Byju's, Adobe Inc. and Alphabet Inc. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch The latest report by Renub Researh, titled “Defibrillators Market Size, Share, Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Defibrillators Market Size was valued at US$ 12.87 Billion in 2021. The World Health Organization states that cardiovascular deaths are the most common cause of all registered deaths worldwide. In addition, economic development rates and industrialization have significantly added to the number of deaths due to sudden cardiac arrest. Further, sudden cardiac arrests are accompanied by immediate resuscitation, a combination of chest compressions, and assisted ventilation. Hence, defibrillation is an effective treatment option accepted globally to treat cardiac arrest due to ventricular fibrillation. A defibrillator incorporates the concept of defibrillation, which is an electronic device, which is prominently used to treat arrhythmia and sudden cardiac arrest.
Worldwide Defibrillators Industry will grow at a CAGR of 5.76% during 2021-2027 SCA is a sudden and unanticipated pulseless situation caused by the cessation of cardiac mechanical activity. SCA is a foremost cause of death among adults, usually above the age of 40. SCA is one of the prominent driving factors for evolving the defibrillators industry. Moreover, the rising incidence of atherosclerosis, diabetes, strokes, hypertension, and others due to lifestyle habits such as unhealthy dietary habits, lack of physical activity, and smoking, among others, is the ultimate cause of CHF. Moreover, the rising geriatric population base is anticipated to fuel CHF prevalence, increasing defibrillator market growth. External Defibrillator Is Expected to Grow at A Great Pace During The Forecast Period: By Product type, we have categorized the global defibrillator market into the Implantable Cardioverter Defibrillator and External Defibrillator market. The demand for External Defibrillator will grow significantly during the forecast period. External defibrillators are life-saving devices that deliver a defibrillating shock to diagnose and restore heart rhythms in an unexpected cardiac arrest. Apart from that, the market of Implantable Cardioverter Defibrillator will also flourish during 2021-2027. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=defibrillator-market-forecast-p.php AED Is the Most Preferred External Defibrillation System: External defibrillators are life-saving medical devices used to deliver defibrillating shock through paddles or electrode pads to diagnose and restore life-threatening abnormal heart rhythms in the conditions of unexpected cardiac arrest. These devices can perform cardioversion, defibrillation, and pacing of the heart. External defibrillators are of three major types: manual external defibrillators, AEDs and WCDs. AEDs are used in most cases among SCA patients due to abundant opportunities observed and ease in use, thereby bagging a significant market share in the global defibrillators market. The North American Region Hold Considerable Share: We have studied the regional realms of the global defibrillators industry in North America, Latin America, Europe, Asia Pacific and the Middle East and Africa region. Higher Adoption of Defibrillator Installations and Implants Enables Market to Hold Considerable Share in North America. North America is envisioned to dominate the market throughout the forecast period. Growing installations of external defibrillators in hospitals and public places such as schools, hotels, streets, railway stations, and others to prevent fatalities from sudden cardiac arrest are prominently responsible for holding a higher defibrillator market share in North America. Moreover, the incremental shift of preference towards subcutaneous ICD due to growing patient awareness is projected to augment the growth of ICD in North America. Europe is anticipated to be the second most prominent region in terms of market share by 2027. In addition, the market is rising at a faster pace in emerging countries of the Asia Pacific region, owing to increasing adoption and rapidly developing healthcare infrastructure. Key Market Players: Medtronic, Boston Scientific Corporation, Philips Healthcare, Nihon Kohden Corporation, and Asahi Kasei Corporation are amongst a leading player in the defibrillator market owing to their diverse product offering in the implantable defibrillator segment, efficient customer reach, and vital after-sales service. Our report also covers operate in the defibrillator industry. For instance, in April 2020 – Philips, a health technology company, announced that it's Emergency Care and Resuscitation (ECR) business is recommencing the manufacturing and shipping of external defibrillators for the US. The company declared that the US Food and Drug Administration (FDA) had lifted the limitations imposed on the manufacturing and allocation of defibrillators in the US. COVID-19 Impact on Global Defibrillators Market: All over the world, COVID-19 is known to affect the cardiovascular system, resulting in myocardial injury, arrhythmias, intravascular thrombosis, and sudden cardiac death. Further, initial reports have also recommended a temporary association between COVID-19 activity and cardiac arrests in the community and in hospital settings. Remarkably, life-threatening arrhythmias have been variably reported among patients hospitalized for COVID-19 infection. Sudden cardiac arrest (SCA) in COVID-19 patients is an alarming concern for clinicians. Hence, defibrillator shock episodes have risen during the higher COVID-19 activity boosting the market for Global Defibrillators Market. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/defibrillator-market-forecast-p.php Market Summary:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch According to Renub Research report tittled “China Automobile Market, Size, Forecast 2021-2030, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” finds that the China Automobile Market was 27.71 Million Units in 2021. China is the largest automobile industry worldwide, both in demand and supply. The automobile sector is at a crossroads owing to changing customer behavior and direction. It is one of China’s most important economic sectors by revenue. China’s automobile industry has attracted many well-established foreign brands to invest in automobile production. Owning to technical development and lower production costs, various indigenous brands of China’s leading automobile manufacturers have gained popularity in the automobile market. The rapid growth of the Chinese domestic market has also further accelerated the automobile industry in China.
Increasing Adoption of Electric and Hybrid Vehicles, due to Government Push Based on category, the Chinese automotive vehicles industry's principal categories include Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), Natural Gas Vehicle (NGV), Fuel Cell Electric Vehicle (FCEV), Diesel Vehicle, and Petrol Vehicle. With accelerated urbanization and an increase in vehicle sales, China is planning to reduce exhaust emissions from vehicles. Meanwhile, the country also plans to reduce its dependence on oil imports, promoting electric vehicles. In Addition, some major provinces and cities are imposing more stringent restrictions. For instance, Beijing only issues 10,000 licenses to register combustion-engine vehicles per month to encourage its citizens to switch to electric vehicles. Similarly, the Government of China had lifted taxes or given a substantial tax release on the purchase of EVs. These initiatives by the Chinese government had attracted a lot of customers to purchase EVs in this country. For instance, in 2020, the China government offered a 10% service tax waiver for electric vehicles to boost the demand in the automobile market. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=china-automobile-market-p.php Notwithstanding, there is a massive demand for the Plug-in Hybrid Electric Vehicles (PHEVs) due to their price compromise between large cars and small cars, and it is one of the several sought-after cars, after small SUVs. This is due to their compactness, price affordability, ease of use, and family friendliness. Besides, hybrid electric vehicles (HEVs) come with various benefits like reduced operational and maintenance costs and less pollution. With technological breakthroughs, the portfolio for electric vehicles is ever-expanding, with many consumers in China; different sectors preferring to go in for fully hybrid or mild hybrid vehicles due to their being less carbon-intensive. COVID-19 Impact on China Automobile Industry The COVID-19 pandemic had a swift and severe impact on the China automotive industry. Several Chinese vehicle parts plants had extended their seasonal shutdowns, and the automotive component supply chain has been disrupted, with some industrial areas in lockdown. Meanwhile, travel restrictions caused by COVID-19 have interrupted automobile material supplies that rely on imports, accelerating domestic substitute exploitation and inventory improvement for critical parts. Additionally, massive lockdowns for controlling COVID-19 have disrupted productions and operations, which tends to expel small brands from the competitive market, concentrating China's automobile industry on the leading brands. Finally, after the pandemic, the social distancing trend challenges automobile distribution channels with dealers, pushing automakers to develop innovative online selling channels. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/china-automobile-market-p.php Key Players Performance The leading Chinese automobile market is the Toyota Motor Corporation, Volkswagen, Daimler AG, Ford Motor Company, and Honda Motor Company. In 2020, Honda Motor Company, Ltd. announced its deals of all-new Honda Fit Hybrid vehicles. It is adorned with Honda’s 2-motor hybrid system, which makes the vehicle with an electric motor, which results in better fuel performance and smooth drive. Market Summary:
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Follow on Twitter: @renubresearch Water-soluble polymers are materials that maintain the ability to be solvent in water. It substances that disperse, dissolve, or swell in water and, thus, modify the physical properties of aqueous methods in the form of thickening, gelation, or emulsification/stabilization. Water-soluble polymers cover many highly varied families of natural or synthetic origin products and have numerous uses.
Global Water Soluble Polymer Market will be US$ 45.86 Billion by 2027 The water-soluble polymers industry includes various types Polyacrylamide & Copolymers, Polyvinyl Alcohol, Guar Gum & Derivatives, Gelatin, Casein, Polyacrylic Acid and Others. The polyacrylamide & copolymers segment is growing consistently. The primary reasons for this growth are its characteristics like good thermal stability, non-toxic nature, high miscibility and good solubility. Besides, Guar gum, which is primarily used in paper pulp hydration with much potential, is expected to grow globally. It will significantly grow in developing economies due to its low price and easy availability. Factors Driving Water Soluble Polymers Industry In addition, an increase in demand for water-soluble polymers in water treatment plants across the globe majorly drives the water-soluble polymer market. Enhanced oil recovery of crude oil has gained massive adoption in the petroleum industry, increasing the demand for water-soluble polymers. Rising consumption owing to superior properties, including mild odour, quick-drying, inflammable, and eco-friendly, will propel industry growth. Global Water Soluble Polymer Industry will grow with a CAGR of 5.16% during (2020-2027) Besides, natural or synthetic origin material has been widely used in many applications like detergents & households, water treatment, paper making, petroleum, and others. The water treatment industry is the primary user of water-soluble polymers due to vast potable water requirements worldwide. Natural polymeric flocculants have been used in water purification processes for many decades as coagulant aids or floc builders, after the addition of inorganic coagulants like alum, iron salts or lime. Further, the household & detergent products use water-soluble polymer as an anti-redeposition agent and consider these products' demand globally. Global Water Soluble Polymer Market Size was US$ 32.25 Billion in 2020 Growing water and wastewater treatment, shale gas development in the North America region, expanded use of nutraceutical commodities in the United States on account of rising health awareness, and booming food & beverages sector in the various areas of the country are set to increase the demand for water-soluble polymers and their end-use products in the United States. Furthermore, Europe is likely to show substantial growth due to the rapid consumption of water-soluble polymers in personal care, detergents, and the oil & gas sector in the U.K., Germany, and Spain. COVID-19 Impact on Water-Soluble Polymer Industry The global impacts of the COVID-19s are already there, significantly affecting the Water Soluble Polymer market in the year 2020. This pandemic impacted the different end-user industries growth rate and supply chain, poignant government rules and regulations on polymer usage will prevent the growth of the water-soluble polymer market. However, future looks bright and we expect good growth in future. Key Players Analysis The global water-soluble polymer industry is fragmented in nature, with several players accounting for a less share in the market. Some of the market's main players studied include Arkema SA, Ashland Global Holdings, DuPont, LG Chem's, Basf Se, and Kuraray. Renub Research latest report “Global Water Soluble Polymer Market By Type (Polyacrylamide & Copolymers, Polyvinyl Alcohol, Guar Gum & Derivatives, Gelatin, Casein, Polyacrylic Acid and Others), Application (Detergents & Households, Water Treatment, Paper Making, Petroleum, and Others), Material (Natural, Synthetic and Mixed), Region ( North America, Europe, Asia- Pacific and Rest of World), Company Analysis (Arkema SA, Ashland Global Holdings, DuPont, LG Chem's, Basf Se, and Kuraray)” provides complete details on Global Water Soluble Polymer Industry. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=water-soluble-polymer-market-p.php Type - Global Water Soluble Polymer Market has covered from 7 viewpoints: 1. Polyacrylamide & Copolymers 2. Polyvinyl Alcohol 3. Guar Gum & Derivatives 4. Gelatin 5. Casein 6. Polyacrylic Acid 7. Others Application Channel - Global Water Soluble Polymer Market has covered from 5 viewpoints: 1. Water Treatment 2. Detergents & Households 3. Paper Making 4. Petroleum 5. Others Material - Global Water Soluble Polymer Market has covered from 3 viewpoints: 1. Synthetic 2. Natural 3. Mixed Region - Global Water Soluble Polymer Market has covered from 4 viewpoints: 1. North America 2. Europe 3. Asia Pacific 4. Rest of World All key players have been covered from 3 viewpoints • Overview • Recent Developments • Financial Insights Company Analysis 1. Arkema SA 2. Ashland Global Holdings 3. DuPont, LG Chem's 4. Basf Se 5. Kuraray About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Refrigerated transport is a method for shipping temperature-sensitive products in a temperature-controlled environment. The vehicle conveying the products has a built-in refrigeration system, a Transport Refrigeration Unit (TRU), and an insulated body that keeps the food at a set temperature. The set temperatures range from fresh vegetables to +8°C to ice cream at -25°C and range in size from panel vans to 44-tonne trailers. Globally, there are millions of refrigerated vehicles operating. As per Renub Research latest report, the Global Refrigerated Transport Market will be US$ 25.43 Billion by the end of 2027.
In addition, today, refrigerated vehicles are prevalent, mainly powered by diesel. The more petite vehicles (vans and smaller rigid trucks) employ power from the vehicle engine to run the refrigeration system. However, the larger vehicles (larger rigid lorries and articulated trucks pulling a trailer) use an auxiliary motor, typically diesel, with much less strict emissions standards than diesel engines used for vehicle propulsion. Moreover, refrigeration transportation being one of the most challenging refrigeration applications, require components capable of addressing a range of critical parameters, such as
Most Widely Used Method Is the Vapor Compression System: The most common refrigeration system in practice for refrigerated food transport applications now is the vapour compression system. Mechanical cooling with the vapour compression cycle grants a wide range of options for compressor drive methods. The preference may be based on duty demanded, weight, noise specifications, maintenance provisions, installation expense, environmental tolerances and fuel assessment—the performance and power necessities of these arrangements typically imposed at full load. In existence, however, transport refrigeration arrangements operate over a wide range of freight. The refrigeration system may rearranged on and off or capacity modulated to match the load to maintain the set temperature and reduce inefficiency. Multi-Temperature Refrigerated Trailers: The industry best practices include a detailed and clearly defined written procedure created by the shipper, outlining the parameters and proper temperature management of multi-temperature trailers. Additionally, while it is generally acceptable to transport chilled and frozen products in the same multi-temperature trailer to meet the environmental conditions, it is not advisable to transport the same multi-temperature trailer's ambient (dry) and refrigerated (chilled or frozen) products. Furthermore, it is recommended that hazardous cargo (i.e. chemicals and cleaning supplies) never ship with edible animal and human food in the same trailer. Road Transport best mode of transport existing in Global Refrigerated Transport Market: Road transport refrigeration tools are expected to operate probably in more rigid environments than stationary refrigeration equipment. Due to the voluminous range of operating conditions and constraints imposed by available space and weight, transport refrigeration equipment has lower efficiencies than static systems. This, united with the quickly increasing use of refrigerated transport arising from the much more comprehensive range of transported goods, home delivery and greater quality expectations, is placing considerable pressures on the food industry to reduce the energy consumption of refrigerated transport. Wide Applications of Refrigerated Transportation: The fish, meat, and seafood segment have wide applications of refrigerated transportation. The advancing technological developments in the processing, packaging and storage of seafood and the rise in fish production boost the refrigerated carrier's market. However, processed food is expected to be the fastest-growing application segment due to continued packaging materials innovations. Improvements in packaging supplies increase the shelf life of foods has further increased the trading of processed foods for years. In addition, high product demand in pharmaceuticals is associated with its influence in sustaining the efficiency and fastener of pharmaceuticals. The cold chain in the pharmaceutical market is constrained by strict regulatory measures, such as Goods Distribution Practices (GDP) in the European Union (EU). Further, these regulations are shifting governments worldwide toward standardizing rules globally for better transportation systems for healthcare-related products. Furthermore, transforming food habits and escalating disposable income levels are triggering the product demand from the bakery and confectionary segments. Shippers collaborate with third-party logistics to cater to the rising demand and assure that goods are conveyed in optimal provisions on a proper schedule. Regional Players of Global Refrigerated Transport Market: The North American region has significant growth opportunities as the companies plan to invest in refrigerated transportation for the long yards. Increasing perception of connected devices and a large consumer base are also expected to fuel market growth in the region. In addition, Asia Pacific is anticipated to be the fastest-growing regional market over the forecasted span owing to progressing government investments for logistics support improvement and diffusion of Warehouse Management Systems (WMS). China is the principal contributor to the APAC regional market. The market extension in China is accredited to factors such as technological advancements in packaging, processing, and storage of seafood products. Expanding demand and growing cold chain infrastructure development has made China a top market for cold chains. Currently, China is experiencing a rapid shift from development & manufacturing-led conservation to a consumer-led economy. Rising discoveries in the pharmaceutical sector in China are also necessitated to boost the market for cold chain solutions. Another significant factor encouraging the market comprises the rapid augmentation of biopharma in the region. Moreover, the global refrigerated transport market was US$ 16.91 Billion in 2020 and will grow at a CAGR of 6.00% during 2020-2027. The Key Performers in the Global Refrigerated Transport Market: As per our study, the prominent market players have been examined. Some key players are General Mills, Conagra Brands, Kraft Heinz, Associated British Foods plc and Knight-Swift Transportation. These players functioning in the market have initiated several approaches related to the market. COVID-19 influence on the Global Refrigerated Transport Market: The COVID-19 pandemic has a meaningful consequence on the refrigerated transport industry. The demand for Refrigerated Transport is experiencing austere wrecks across diverse end-use markets. Global supply strings are disturbed, and the competing rank of operators or producers has testified to a development. The scarcity of demand has fast-tracked the international chilled and frozen food division into an oversupply state. Transportation restraints appear to be a direct and immediate influence, and once the significant social distancing ends, everything would get back to normal status. Market Summary: Type - We have covered the Global Refrigerated Transport Market through Chilled and Frozen. Mode of Transport - This report covers the Road Transport, Sea Transport and Air Transport as modes of transporting the market. Region - This report studies Global Refrigerated Transport Market of North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. End Users - We have covered Fruits & Vegetable, Fruit Pulp & Concentrates, Dairy Products, Fish, Meat and Seafood, Processed Food, Pharmaceuticals, Bakery & Confectionary and Others as end users market analysis. Company - We have studied the company by Company Overview, Recent Development and Revenue of following companies General Mills, Conagra Brands, Kraft Heinz, Associated British Foods plc, Knight-Swift Transportation. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research E-commerce payment implies digitally purchasing products and services, paying for a merchant using an electronic platform. Moreover, the digital payment method, without the use of cash or cheques, is often regarded as an online or mobile payment network. Japan has a well-developed e-commerce market and has registered sustainable growth over the years, supported by high mobile and online penetration and high consumer preference for online transactions. Consumers are increasingly shifting from cash to online payments. According to Renub Research, Japan's E-commerce Payment Market is projected to reach US$ 297.87 Billion by 2026.
In recent years, the e-commerce payment industry in Japan has been undergoing tremendous growth. It is projected to accelerate as the trend is moving toward mobile purchases and online shopping. Moreover, with the reputation for embracing technology and being at the forefront of digital innovation, Japan's e-commerce payments growth has been accelerated by ease and convenience. As per our analysis, despite Japan's typically rapid adoption of new technologies, mobile commerce payment uptake remains relatively low, accounting for more petite than the e-commerce payment market. An ongoing inclination can describe this for desktops and a large ageing population, which is more reluctant than younger generations to adopt smartphones. By Payment Method, Card, Cash, Bank Transfer, and Digital Wallet have become the most commonly used e-commerce payment mechanisms in Japan. As per our analysis, the card is the most popular online payment method in Japan, with bank transfer the next on the list. Among all the types of cards, credit cards are more likely to be used than debit cards to complete an online shopping transaction. Bank transfers, known as furikomi, are the second-most utilized payment method in Japan. PayEasy, a popular domestic bank transfer service, offers the ability for shoppers to pay at post offices, banks, and automated teller machines in Japan. In addition, By Segment, the primary five categories contributing to the Japan E-commerce Payment Market are food & personal care, furniture & application, toys, hobby & DIY, electronics & media, and fashion. The e-commerce market in Japan presents an opportunity for international merchants to court an audience with money to pay and an urge for fashion, electronics & media & toys, hobby & DIY. Moreover, Japan's unique online shopping events also boost e-commerce payment growth. Japan's E-commerce Payment Industry is likely to grow at a CAGR of 7.01% from 2020-2026. The Japanese merchants are adopting on-premise digital payment solutions owing to security-related benefits. The on-premise digital payment solutions help enterprises improve their security level and thereby increase customer satisfaction. Besides, in Japan, numerous platforms are operating through a wide array of products & services. A few names can also be highlighted for especially standing out due to their importance in the Japanese economy. Rakuten Group, Suica, PayPay, Origami, and merPay are some of the few renowned platforms operating in the E-commerce Payment Market. Our research suggests that Japan's E-commerce Payment Industry was US$ 198.36 Billion in 2020. COVID-19's impact on Japan's e-Commerce payment market: As the government of Japan has declared a state of emergency due to the pandemic COVID-19, the online payment market in Japan was widely accepted in a rapid accelerated motion since the first half of 2020. Furthermore, with social distancing rules in Japan and the closure of many brick-and-mortar stores, shoppers also embraced online channels even for day-to-day shopping. As Japanese consumers embrace online shopping, the use of electronic payments is expected to rise further as consumers are moving aside from cash-based payments due to fear of getting infected and ease of making transactions. Renub Research latest report “Japan's E-commerce Payment Market, Forecast Market Analysis (E-Commerce Payment Market and M-Commerce Payment Market), Payment Method (Card, Cash, Bank Transfer, Digital Wallet and Other), By Segment (Food & Personal Care, Furniture & Application, Toys, Hobby, DIY, Electronics & Media and Fashion), Companies (Rakuten Group, Suica, PayPay, Origami, and merPay)” provides a detailed analysis of Japan eCommerce Payment Industry. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=japan-e-commerce-payment-market-p.php Japan eCommerce Payment Market Analysis has been done from 2 viewpoints: 1. E-Commerce Payment Market 2. M-Commerce Payment Market Payment Method – Japan Ecommerce Payment Market has been covered from 5 viewpoints: 1. Card 2. Cash 3. Bank Transfer 4. Digital Wallet 5. Other Segment – Japan e-commerce Market has been covered from 5 viewpoints: 1. Food & Personal Care 2. Furniture & Application 3. Toys, Hobby, DIY 4. Electronics & Media 5. Fashion Company Insights: • Overview • Recent Development Company Analysis: 1. Rakuten Group 2. Suica 3. PayPal 4. Origami 5. merPay About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to- Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research |
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