September 2024 - Page 26 of 30 - Decision Market Insights

South Africa Automotive Lubricants Market

South Africa Automotive Engine Oil Market Expected to Surge to USD XX Billion by 2033 at 4.1% CAGR: SPER Market Research

admin September 5, 2024 Automotive, Business, News

Automotive lubricants are specialized fluids used in car engines and gearboxes to reduce friction, wear, and heat between the various moving parts. These lubricants are necessary to maintain the vehicle’s longevity and optimal performance. They include gearbox, differential, and engine oils. Engine oils, for example, function to cool and lubricate engine parts, reducing the possibility of overheating and damage by preventing metal-on-metal contact.

According to SPER market research, ‘South Africa Automotive Lubricants Market Size- By Vehicle Type, By Product Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the South Africa Automotive Lubricants Market is predicted to reach USD XX billion by 2033 with a CAGR of 4.1%.

Drivers: Synthetic lubricants are mineral oils that have undergone significant processing to improve their performance characteristics and meet the needs of modern vehicle technologies. This section also includes biodegradable and environmentally friendly biolubricants. Synthetic lubricants were not commonly used in the past since they were thought of as luxury products. However, as engine technologies and environmental concerns improve, synthetic lubricants are becoming more and more popular. These solutions offer longer oil drain intervals than their mineral lubricant counterparts in order to satisfy consumer demand. Synthetic lubricating oils also provide the advantages of reduced vehicle emissions, improved hardware compatibility, and enhanced fuel efficiency. These factors create new business opportunities by accelerating the adoption of synthetic lubricants.

Challenges: Automotive lubricants significantly increase the life of a car by reducing friction and protecting the solid moving parts. But growth slows down considerably as lubricants and technologies improve all the time. Cars now drain their oil more frequently—from once every six to twelve months to once every eighteen to twenty-four months—due to benefits including improved fuel economy and the greater use of synthetic lubricants. Customers also choose premium lubricants with longer oil change intervals since they protect their cars. However, this has restricted the market’s volume expansion, and low volume growth is predicted throughout the duration of the projection.

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The automotive and industrial sectors were severely impacted by the COVID-19 pandemic, which had an impact on the South African market for automobile lubricants. Due to lower vehicle use, a slowdown in auto manufacturing, and lower auto sales, the sector saw a considerable reduction in demand during the pandemic. Travel limits and lockdowns reduced the amount of miles driven by cars, which in turn reduced the amount of lubricant used in both private and commercial vehicles. In addition, companies and consumers’ financial strain and economic uncertainty caused them to spend less on non-essential things and postpone arranging auto maintenance.

Additionally, some of the market key players are; Astron Energy Pty Ltd, BP PLC (Castrol), Engen Petroleum Ltd, ExxonMobil Corporation, FUCHS.

South Africa Automotive Lubricants Market Segmentation:

By Vehicle Type: Based on the Vehicle Type, South Africa Automotive Lubricants Market is segmented as; Commercial Vehicles, Motorcycles, Passenger Vehicles.

By Product Type: Based on the Product Type, South Africa Automotive Lubricants Market is segmented as; Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils.

By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link –

South Africa Automotive Lubricants Market Size

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Saudi Arabia Electric Vehicle Battery Market

KSA Electric Vehicle Battery Market Forecast: USD XX Million by 2033 and a CAGR of XX% | SPER Market Research

admin September 5, 2024 Automotive, Business, News

An electric vehicle (EV) battery is a battery-powered energy capacity gadget that controls the electric engine of an EV. The battery is the energy focus of the EV and is re-energized by connecting it to a plug or charging station. EV batteries are normally lithium-particle batteries that are intended for high ability to-weight proportion and energy thickness. They are made utilizing carbon or graphite, a metal oxide, and lithium salt, which make up the positive and negative terminals. These components are joined with electrolytes to deliver electric flow. EV batteries are developed by interfacing numerous singular lithium particle battery cells to make a battery module. The most widely recognized kinds of lithium battery cells utilized are round and hollow, kaleidoscopic, pocket, and sharp edge. EV batteries are typically situated beneath the seats for better weight circulation.

According to SPER Market Research, ‘Saudi Arabia Electric Vehicle Battery Market Size- By Battery type, By Vehicle type, By Propulsion type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Saudi Arabia Electric Vehicle Battery Market is estimated to reach USD XX million by 2033 with CAGR of XX%.

Saudi Arabia’s environment requires temperature-safe lead corrosive batteries, which might drive development in that market. The Saudi Arabian government is centred on sustainable transportation and decreasing its reliance on oil. The public authority is additionally attempting to decrease fossil fuel by products by creating environmentally friendly power and empowering the utilization of electric vehicles. Individuals are progressively picking electric vehicles to diminish their carbon impression and keep up with ecological maintainability. The government’s initiative to advance electric vehicle reception, the foundation of the charging framework, and the interest in cleaner transportation choices will drive the interest in electric vehicle batteries. Additionally, progressions in battery innovation and the development of the electric vehicle market universally will add to advertise extension.

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Saudi Arabia’s electric vehicle battery market faces difficulties connected with the reception of electric vehicles (EVs) and charging infrastructure. To advance EV reception, market players should address worries about battery range, charging openness, and charging time. Ensuring the accessibility of quick charging arrangements and upgrading battery innovation to broaden range is crucial. Moreover, the contest between traditional gas-powered motor vehicles and worldwide battery producers adds intricacy to the market dynamics. The need for inescapable charging foundation, customer training on EV benefits, and feasible battery removal strategies impacts market development. The dynamics of the market are additionally confounded by competition from abroad battery makers and vehicles with customary gas-powered motors.

The electric vehicle (EV) battery market in Saudi Arabia showed flexibility during the COVID-19 pandemic, with proceeded with revenue in electric mobility. EV batteries power electric vehicles. Shipping delays and increased costs of timely delivery of raw materials finished products. As shopper reception of electric vehicles kept on developing post-pandemic and legislatures advanced reasonable transportation, the market for EV batteries is supposed to expand. The pandemic featured the shift toward cleaner and greener transportation.

The largest market share for Saudi Arabia Electric Vehicle Battery Market is held by Riyadh due to sustainable urban development and smart city projects. Avass Group, CATL, Electromin, EV Metals and General Motors are few of the key players in the market.

For More Information, refer to below link:-

KSA Electric Vehicle Battery Market Future Outlook

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Kenya Electric Vehicle Market Size- By Vehicle Type, By Component, By Vehicle Class, By Propulsion, By Vehicle Drive Type, By Vehicle Top Speed, By Charging Point Type, By Vehicle Connectivity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Middle East and Africa Armored Vehicles Market Size, Trends, Revenue, Growth Drivers, Industry Share, Opportunities and Forecast 2033: SPER Market Research

admin September 5, 2024 Automotive, Business, News

Armoured vehicles are specially designed vehicles with enhanced protective systems that can survive ballistic and explosive attacks. These vehicles are mostly used for military purposes such as troop transportation, combat operations, reconnaissance, and mine detection. They are also utilised by law enforcement to maintain public order and protect high-profile individuals. The Middle East and Africa armoured vehicle market offers a wide range of products, including main battle tanks, armoured personnel carriers, mine-resistant ambush protected (MRAP) vehicles, and more.

According to SPER Market Research, ‘Middle East and Africa Armored Vehicles Market Size – By Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Middle East and Africa Armored Vehicles Market is estimated to reach USD 2.84 billion by 2033 with a CAGR of 5.29%.

Drivers:

Military Land Vehicles Equipped with Contemporary Military Technology: Thanks to developing military technology, the Middle East and Africa are witnessing a sharp increase in the employment of military ground vehicles. An increasing number of unmanned ground vehicles are being used to support logistics and carry out investigations without posing a threat to human life. Fuel efficiency, silent operation, and enhanced shielding capabilities are the main factors driving the adoption of electric and hybrid vehicles. Self-governing and networked technologies are not only changing armoured vehicles but also increasing demand for them.

Restraints:

Limited Resources for Military: Budgetary restrictions on defence in the Middle East and Africa may make it difficult to acquire and upgrade military land vehicles, which would lead to a shortage of money for cutting edge equipment, a delay in delivery, and a reduction in the number of vehicles overall. Dependence on foreign suppliers creates challenges in terms of costs, import and export restrictions, technology transfer, and maintenance support. Inadequate infrastructure, difficult terrain, and a deficient local military sector all limit the capacity to modify vehicles to meet specific operational needs.

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The emergence of the COVID-19 epidemic has a complex impact on the various armoured vehicle economies. Manufacturers of parts and assembly lines for automobiles have suffered significant losses. The pandemic crisis has also caused a halt in the construction of armoured vehicles. The top rivals in the armoured vehicle market are gradually resuming production and generating demand for the vehicles through a range of techniques and plans. Throughout the forecast period, the top armoured vehicle manufacturers’ combined efforts and government initiatives will lead to a sizable market expansion.\

MEA Armored Vehicles Market Key Players:

Saudi Arabia is the market leader for armoured vehicles in the Middle East and Africa thanks to its growing defence capabilities and OEM procurement agreements. Security concerns and the rise in terrorism are the main reasons behind the nation’s sharp growth in the purchase of military hardware. In order to expand the market and expand its armoured vehicle fleet, the Saudi Arabian government intends to spend in the military over the next ten years. Major players in the market are Mahindra Emirates Vehicle Armouring FZ-LLC, NIMR Automotive (EDGE Group PJSC), Streit Group, Rheinmetall AG, and Others.

Middle East Armored Vehicles Market Segmentation:

By Type: Based on the Type, Middle East and Africa Armored Vehicles Market is segmented as; Main Battle Tank (MBT), Infantry Fighting Vehicle (IFV), Armored Personnel Carrier (APC).

By Region: This research also includes data for South Africa, United Arab Emirates, Egypt, Rest of Middle East and Africa

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link –

Middle East and Africa Armored Vehicles Market Future Outlook

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Asia-Pacific Automotive Lidar Market Size and Share, Industry Growth, Trends, Opportunity, Top Companies, Regional Outlook and Competitive Analysis 2024-2033

admin September 4, 2024 Automotive, Business, News

Automotive LiDAR (Light Detection and Ranging) is an advanced sensing technology used in modern vehicles to enhance safety and enable autonomous driving capabilities. By emitting laser pulses and measuring the time it takes for these pulses to return after reflecting off objects, LiDAR systems create detailed, three-dimensional maps of the vehicle’s surroundings. This high-resolution mapping provides critical data on the position, shape, and distance of objects, helping to detect and identify obstacles, lane markings, and other vehicles. Automotive LiDAR typically operates with a rotating or solid-state sensor mounted on the vehicle, which can scan the environment in a 360-degree view. LiDAR complements other sensors like cameras and radar, offering a comprehensive perception system that improves decision-making for real-time driving adjustments, collision avoidance, and overall vehicle safety.

According to SPER Market Research, ‘Asia-Pacific Automotive Lidar Market Size- By Image Projection, By Range Type, By Technology, By Application – Regional outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Asia-Pacific Automotive Lidar Market is estimated to reach USD XX billion by 2033 with a CAGR of XX %.

Drivers: The Asia-Pacific automotive LiDAR market is driven by rapid advancements in autonomous driving technologies, increasing demand for advanced driver-assistance systems (ADAS), and the growing emphasis on vehicle safety and accident prevention. The region’s burgeoning automotive industry, with significant investments from both established manufacturers and new entrants, is accelerating the integration of LiDAR systems into vehicles to enhance navigational precision and safety features. Additionally, government regulations and safety standards mandating the inclusion of sophisticated safety technologies in vehicles are bolstering market growth. The rise of smart cities and infrastructure development in Asia-Pacific countries further fuels the demand for advanced sensing solutions like LiDAR. Moreover, the decreasing cost of LiDAR technology due to advancements in manufacturing and economies of scale is making it more accessible to a broader range of vehicle manufacturers.

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Restraints: The automotive LiDAR market in the Asia-Pacific region has a high cost of LiDAR systems, which can be prohibitive for manufacturers, particularly in price-sensitive markets. Although costs are decreasing, they remain a barrier to widespread adoption, especially for lower-tier vehicle models. Additionally, the integration of LiDAR technology with existing vehicle systems and ensuring compatibility with other sensors and software can be complex and costly. The market also contends with technological limitations, such as the performance of LiDAR sensors in adverse weather conditions like fog, rain, or snow, which can impact reliability. Regulatory hurdles and varying safety standards across different countries add another layer of complexity, as manufacturers must navigate diverse requirements to ensure compliance. Moreover, there is a shortage of skilled professionals with expertise in LiDAR technology, which can slow down development and implementation. Addressing these challenges is crucial for the sustained growth and widespread adoption of automotive LiDAR in the region.

The COVID-19 pandemic had a profound impact on the automotive LiDAR market in the Asia-Pacific region, affecting both supply and demand. Initially, the pandemic led to significant disruptions in the global supply chain, causing delays and shortages of critical components needed for LiDAR systems. Lockdowns and restrictions slowed down manufacturing processes, while travel restrictions hindered international collaborations and shipments. This led to production delays and increased costs for LiDAR technology. On the demand side, the economic uncertainty caused by the pandemic led to reduced consumer spending and a slowdown in vehicle purchases, which in turn affected investments in advanced technologies like LiDAR.

The China dominates the Asia-Pacific Automotive Lidar Market due to significant investments in automotive innovation, a rapidly growing automotive industry, and substantial government support for smart transportation and autonomous driving technologies. 3D Laser Mapping Inc., Denso Corporation, FARO SINGAPORE PTE LTD, Leica Geosystems Inc. (Hexagon), Leishen Intelligent Systems are a few of the major names in the market.

Key Target Audience:

Automotive Manufacturers
Tier 1 Suppliers
Technology Providers
Research and Development Institutions
Government and Regulatory Bodies
Automotive Aftermarket Service Providers

Asia-Pacific Automotive Lidar Market Segments:

By Image Projection:

2D Automotive LiDAR
3D Automotive LiDAR segments

By Range Type:

Short & Mid-range Automotive LiDAR
Long-range Automotive LiDAR

By Technology:

Solid-state LiDAR
Mechanical/Scanning LiDAR segments

By Application:

Semi-autonomous
Autonomous segments

For More Information, refer to below link –

Asia-Pacific Automotive Lidar Market Share

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2. Middle East and Africa Armored Vehicles Market Size- By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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South Korea Industrial Valves Market Growth and Size, Trends, Scope, Top Companies, CAGR Status, Market Analysis, Future Opportunities and Forecast Till 2033

admin September 4, 2024 Business, Equipment And Machinery Industry, News

Industrial valves are mechanical devices used in pipes and other passages to direct, control, or regulate the flow of fluids. They are widely used in industries to control the temperature, pressure, and flow rate of fluids during a variety of processes. There are several types of valves, including globe, check, butterfly, gate, ball, and plug valves, among others. Every type of valve has unique characteristics and applications.

According to SPER Market Research, ‘South Korea Industrial Valves Market Size – By Type, By Material, By Component – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Industrial Valves Market is estimated to reach USD 7503.04 million by 2033 with a CAGR of 10.83%.

Drivers:

The emphasis is on automation and modernisation – The South Korean Industrial Valves Market is quickly developing due to a greater emphasis on automation and updating. Industries are progressively adopting advanced valve technology to improve operational efficiency, reduce downtime, and increase safety. The integration of smart valves with IoT and AI capabilities allows for real-time monitoring and predictive maintenance, hence increasing demand. Furthermore, investments in upgrading ageing infrastructure to new standards are propelling market growth as businesses strive for higher productivity and cost-effectiveness.

For further details and in-depth insights, download our no-cost free sample of the report – https://www.sperresearch.com/report-store/south-korea-industrial-valves-market.aspx?sample=1

Restraints:

Strict environmental and safety regulations – Strict safety and environmental standards have a significant impact on the South Korean industrial valve market. These requirements, which require strict adherence to safety standards and decrease environmental impact, are driving the demand for smart and effective industrial valves. In order to meet these stringent regulations, producers must develop and invest in cutting-edge technologies.

The Covid-19 outbreak has had a significant impact on the industrial valves market. The pandemic disrupted global supply networks, forced temporary shutdown of manufacturing facilities, and reduced industrial output. As a result, demand for industrial valves declined during the pandemic’s early stages.

However, as economies and industries resumed operations, demand for industrial valves began to recover. The need for valves in industries such as power generating, water treatment, and pharmaceutical manufacturing has remained high. Furthermore, the emphasis on health and safety regulations in industries has led to greater investment in valve technologies that ensure sanitation, cleanliness, and contactless operations.

The Seoul Metropolitan Area dominates the used car market in South Korea due to the area’s high level of industrialisation, which includes a concentration of manufacturing facilities, power plants, and chemical processing industries all major users of industrial valves. Among the leading rivals in this industry are Shinheung Precision Co Ltd, Wooyoung Engineering Co Ltd, Hansung Valve Co Ltd, Daejin Kogyo Co Ltd, LG Valve, and Others.

Key Target Audience:

Oil & Gas Companies
Chemical and Petrochemical Companies
Water and Wastewater Treatment Facilities
Power Generation Plants
Manufacturing Industries
HVAC (Heating, Ventilation, and Air Conditioning) Systems
Pharmaceutical and Biotech Companies
Mining Industry

South Korea Industrial Valves Market Segments:

By Type:

Ball
Butterfly
Globe
Gate
Diaphragm
Safety
Check
Plug

By Material:

Steel
Cast Iron
Alloy Based
Cryogenic
Plastic
Bronze
Brass

By Component:

Actuator
Positioner

For More Information, refer to below link –

South Korea Industrial Valves Market Share

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Europe Plant-based Food Market Growth, Share, Revenue, CAGR, Demands, Challenges, and Business Opportunities Till 2033 by SPER Market Research

admin September 4, 2024 Business, Food & Beverage

Plant-based foods are dairy- and meat-free foods made or produced from plant-based ingredients. Meat substitutes are products that taste, smell, and look like real meat yet are healthier than meat. They are often produced from soy, wheat, peas, and other ingredients. Plant-based foods are high in protein, minerals, and nutrients, and their popularity is fast increasing.

According to SPER Market Research, ‘Europe Plant-based Food Market Size- By Type, By Source, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Europe Plant-based Food Market is estimated to reach USD 24.62 billion by 2033 with a CAGR of 10.42%.

Drivers:

Growing Health Concerns Will Spur Market Expansion

The Europe plant-based food market is anticipated to grow at a quick pace over the forecast period, primarily due to the growing trend of vegan diets brought on by global health concerns. Furthermore, the demand for plant-based alternatives is expected to grow rapidly in the upcoming years due to factors such as climate change, growing awareness of plant-based diets, a decline in the consumption of meat and dairy products, and growing technological advancements in this area.

Restraints:

Increasing Preference for Products Derived from Animals

A key factor that is anticipated to impede the expansion of the regional market over the forecast period is the growing demand for animal-based products in the area due to the high content of protein and other essential elements in meat products. The OECD-FAO prediction states that by 2027, the average meat consumption in Europe is expected to rise from 64.6 kg in 2018 to 66.8 kg.

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Impact of COVID-19 on Europe Plant-based Food Market

The COVID-19 epidemic made people in Europe more aware of the link between animal meat consumption and public health and the importance of eating a plant-based diet. Plant-based products like plant-based milk and meat substitutes have never before seen such high demand from the manufacturing and distribution sectors. Several businesses in the plant-based food industry began modifying their business plans in response to the unexpected spike in demand during the epidemic.

Europe Plant-based Food Market Key Players:

Geographically, the majority of Europe’s market for plant-based foods is anticipated to be accounted for by Germany in 2022. This expansion can be ascribed to the rising number of vegetarians, rising customer consciousness, expanding animal welfare concerns, and the expansion of vegan and vegetarian dining establishments. Major market participants include Amy’s Kitchen Inc, Berief Food GmbH, Beyond Meat Inc, Conagra Brands Inc, Danone SA, Hain Celestial Group Inc, Marlow Foods Ltd, and others.

For More Information, refer to below link: –

Europe Plant-based Food Market Growth

Asia Pacific Cheese Sauce Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Vietnam Vegetable Seed Market Trends and Size, Revenue, Industry Share, Key Manufacturers, Challenges, Future Opportunities and Forecast 2024-2033

admin September 4, 2024 Business, Food & Beverage, News

Vegetable seeds are the fundamental units of plant reproduction, producing a wide range of edible plants such as vegetables, herbs, and legumes. They are specifically designed to grow plants with edible and nutritious parts, such as leaves, roots, stems, flowers, and fruits, which are commonly consumed as the primary source of nourishment in human diets. They come in a variety of shapes, sizes, colours, and textures, demonstrating the wide diversity of veggies they can produce. Each seed contains genetic information that impacts the plant’s characteristics such as flavour, size, colour, disease resistance, and growth patterns. Growing vegetable seeds is an important element of agriculture since it establishes the foundation for long-term food supply.

According to SPER Market Research, ‘Vietnam Vegetable Seed Market Size – By Breeding Technology, By Cultivation Mechanism, By Crop Family – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Vietnam Vegetable Seed Market is estimated to reach USD 134.84 million by 2033 with a CAGR of 7.12%.

Drivers: The Vietnam vegetable seed industry is being driven primarily by the increasing demand for high-quality, high-yielding vegetable seeds. Pressure on the country’s agriculture sector to fulfil the population’s growing food demands has led to the adoption of improved seed varieties. Hybrid seeds in particular have grown in popularity because to their superior traits, which include better climate adaptation, disease resistance, and enhanced yield. Farmers are encouraged to invest in premium seeds since they significantly boost agricultural productivity and profitability. Furthermore, the Vietnam government has taken the lead in promoting sustainable agricultural practices through a variety of initiatives and laws. Initiatives to improve seed quality, subsidise hybrid seeds, and provide farmers with access to innovative farming techniques have all helped the vegetable seed market.

For further details and in-depth insights, download our no-cost free sample of the report – https://www.sperresearch.com/report-store/vietnam-vegetable-seed-market.aspx?sample=1

Restraints: There are numerous obstacles facing the Vietnam vegetable seed industry that could hinder its expansion. Lack of high-quality seeds is one of the main obstacles, particularly in isolated and rural areas. Even while improved and hybrid seed varieties are growing in popularity, there are still problems with their availability and distribution. Traditional seed-saving methods are still widely used by smallholder farmers, often leading to lower yields and more vulnerability to pests and illnesses. The pricey cost of hybrid seeds is another significant barrier. Compared to regular seeds, these seeds initially cost more, despite having many benefits. Due of their limited financial resources, small-scale farmers may be hindered by this pricing disparity.

The Covid-19 outbreak has had both beneficial and negative effects on the Vietnam vegetable seed industry. On the one hand, the pandemic’s increased concern on diet and health has driven up demand for vegetables and vegetable seeds. Fresh vegetable consumption has increased as customers become more mindful of their dietary choices. As a result, seed companies now have an opportunity to supply the growing demand. However, the pandemic has had an impact on the vegetable seed market as well. Labour shortages, travel restrictions, and supply chain interruptions have all had an influence on seed production and delivery. Vegetable production has temporarily diminished due to farmers’ difficulty procuring seeds.

The southern region of Vietnam, specifically the Mekong Delta, has the largest market for vegetable seeds. This region is well-known for its substantial agricultural operations and ideal growing conditions for vegetables. Major market participants include Bayer AG, Bejo Zaden BV, DCM Shriram Ltd (Bioseed), East-West Seed, Enza Zaden, Groupe Limagrain, Known You Seed Co. Ltd., and others.

Key Target Audience:

Seed Distributors and Retailers
Government Bodies and Policymakers
Research and Academic Institutions
Agricultural Extension Services
Agrochemical and Fertilizer Companies
Nurseries and Greenhouses
Agricultural Consultants
Food Processing Companies
Exporters and Importers of Seeds
Non-Governmental Organizations (NGOs) and Environmental Groups

Vietnam Vegetable Seed Market Segments:

By Breeding Technology:

Hybrids
Open Pollinated Varieties and Hybrid Derivatives

By Cultivation Mechanism:

Open Field
Protected Cultivation

By Crop Family:

Brassicas
Cabbage
Carrot
Cauliflower and Broccoli
Cucurbits
Cucumber and Gherkin
Pumpkin and Squash
Roots and Bulbs
Garlic
Onion
Potato
Others
Solanaceae
Chilli
Eggplant
Tomato
Unclassified Vegetables
Asparagus
Spinach
Others

For More Information, refer to below link –

Vietnam Fruit and Vegetable Seeds Market Share

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Turkey Online Used Cars Market Growth and Size, Rising Trends, Revenue, Industry Share, CAGR Status, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin September 4, 2024 Automotive, Business

A vehicle that has been owned by one or more retail owners in the past is called a used, pre-owned, or second-hand vehicle. You can acquire used cars from a variety of sources, including private sales, franchised and independent auto dealers, buy here pay dealerships, rental car companies, and leasing offices. Certain car sellers offer “no-haggle prices,” “certified” pre-owned cars, and extended warranties or service contracts.

According to SPER Market Research, ‘Turkey Used Car Market Size- By Type of Market Structure, By Type of Car, By Brand, By Age of Vehicle, By Kms Driven – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Turkey Used Car Market is estimated to reach USD XX million by 2033 with a CAGR of XX%.

Drivers:

Demand for cutting-edge technologies such as power steering, anti-lock brakes, and climate control has increased in the auto industry. Consequently, the cost of new cars has increased. Additionally, the price increase in 2019—which was mostly driven by mainstream passenger car segments—indicates the difficulties the new market is experiencing with affordability. This has led to an increase in used car sales in the automotive industry relative to new car sales. This is projected to drive up the market for older autos.

Restraints:

Limited Warranty Coverage: Used cars are often sold with limited or no warranty. This lack of warranty may deter some purchasers who value the peace of mind that comes with a new car’s comprehensive guarantee.

Costlier Maintenance: As cars get older, there’s a greater chance they’ll need repairs and maintenance. Owners of second-hand cars may see increased recurring expenses as a result.

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Quick technical Development: The automotive sector is seeing quick technical development. Modern features and technology are frequently found in newer car models, which may not be present in older used vehicles.

The COVID-19 pandemic in 2020 negatively impacted market demand by forcing governments to enact stringent containment measures, social seclusion, lockdowns in certain regions, and quarantine periods. Client preferences on personal mobility have changed as a result of lockdown relaxations. This incentivised entrepreneurs to adopt online marketplaces for pre-owned vehicles, providing adaptable financing alternatives. The increasing demand from customers for used automobiles in price-sensitive areas is anticipated to propel the business’s growth in the near future.

The Turkey Used Car Market is dominated by the Northwestern Region of Turkey, specifically the Marmara Region, which is home to Istanbul. Due to its high population density and economic activity, this region of the nation has a higher used automobile market turnover rate. Major players in the market are Araba.com, Arabam.com, Autorola Turkey, Borusan Araç, ikinciyeni.com, and Others.

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Turkey Used Cars Market Growth

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Europe Mushroom Coffee Market Trends, Share, Growth Drivers, Business Opportunities, Future Strategy and Forecast Analysis 2033: SPER Market Research

admin September 4, 2024 Business, Food & Beverage, News

A wonderful source of copper, potassium, and selenium as well as other vitamins and minerals are mushrooms. They also include calcium, which helps to keep strong bones and avoid joint issues. Finally, people who are attempting to lose weight find that mushroom coffee is appealing because it is low in fat and cholesterol.

To prepare mushroom coffee, a mixture of dried mushrooms and processed powdered mushrooms is used. The most widely used mushrooms in the manufacturing of mushroom powder are cordyceps, chaga, and lion’s mane.

According to SPER market research, ‘Europe Mushroom Coffee Market Size- – By Form, By Packaging, By Distribution Channel, By Caffeine Content, By Mushroom Extrac – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Mushroom Coffee Market is predicted to reach USD XX billion by 2033 with a CAGR of 5.28%.

Drivers: The mushroom coffee industry is growing throughout Europe due to a number of significant factors. Growing consumer awareness of health and wellness is a significant contributing element, as more individuals search for beverages that offer more practical benefits than traditional coffee. The adaptogenic properties of mushroom coffee, which may boost both immune and cognitive function, lend credence to this tendency. Another driver propelling market expansion is the growing consumer preference for natural, sustainably generated components, as clean-label and organic products become more popular. Furthermore, the growing popularity of complementary and alternative medicine as well as holistic health has raised interest in functional foods like mushroom coffee.

Challenges: There exist multiple challenges that could hinder the growth and broader acceptance of the European mushroom coffee industry. Consumer ignorance of the advantages of mushroom coffee is a significant obstacle that may prevent the beverage from being widely adopted. It can be resource-intensive, but it is important to educate customers about the distinct qualities and health advantages of various kinds of mushrooms. Additional regulatory challenges for the sector arise from the fact that several nations have different laws and standards pertaining to health claims and functional components. While handling the intricate approval processes, businesses may find it difficult to remain in compliance with these requirements.

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The European mushroom coffee market was significantly impacted by the COVID-19 pandemic, which hastened changes in consumer behavior and market dynamics. There has been a noticeable surge in demand for functional beverages such as mushroom coffee, which boost immunity and enhance general well-being, as a result of worries about the epidemic’s impact on health. The markets for immune-boosting and adaptogenic chemicals saw a spike in interest as consumers searched for solutions they believed would enhance their health. But the outbreak also brought about supply chain interruptions and logistical difficulties, which had an impact on raw material prices and availability as well as production schedules.

Additionally, some of the market key players are; Mushroom Cups International, NeuRoast, Om Mushroom Superfood, Real Mushrooms, Rheal, RYZE, Others.

Europe Mushroom Coffee Market Segmentation:

By Form: Based on the Machinery Type, Europe Mushroom Coffee Market is segmented as; Powder, Grounded.

By Packaging: Based on the Packaging, Europe Mushroom Coffee Market is segmented as; Containers/Packets, Sachets, Coffee Pods.

By Distribution Channel: Based on the Distribution Channel, Europe Mushroom Coffee Market is segmented as; Supermarkets/hypermarkets, Convenience Stores, Online.

By Mushroom Extract: Based on the Mushroom Extract, Europe Mushroom Coffee Market is segmented as; Chaga, Lion’s mane, Cordyceps, Reishi, Others.

By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Europe Mushroom Coffee Market Outlook

Savory Snack Market Size- By Product, By Distribution Channel- Regional outlook, Competitive Strategies and Segment Forecast to 2033

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KSA Transportation and Warehousing Market

Saudi Arabia Logistics and Warehousing Market Growth and Size, Rising Trends, Revenue, Demand, Challenges, Opportunities and Forecast till 2032: SPER Market Research

admin September 4, 2024 Automotive

The supply chain’s essential elements of transportation and warehousing enable the flow and storage of products from point of production to point of consumption. In order to ensure that goods are transported effectively and economically, transportation entails the actual movement of goods utilizing a variety of modes, including trucks, trains, ships, and airplanes. It includes organizing logistics, scheduling routes, and controlling shipping expenses. Conversely, warehousing is concerned with inventory management and storage. Warehouses facilitate bulk storage, order fulfillment, and inventory control by acting as temporary locations where commodities are held until needed.

According to SPER market research, ‘KSA Transportation and Warehousing Market Size- By Road Freight Market, By Warehousing – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the KSA Transportation and Warehousing Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.

Drivers:

The Saudi Arabian (KSA) transportation and storage sector is expanding due to a number of important factors. Firstly, a major investment in logistics and transportation infrastructure, including new roads, ports, and railroads, has resulted from the country’s Vision 2030 project, which places a strong emphasis on economic diversification and infrastructure development. Furthermore, Saudi Arabia’s advantageous position as a transit hub connecting Europe, Asia, and Africa amplifies its significance in international trade, thus increasing the demand for sophisticated logistics solutions. Furthermore, the growth of the retail and e-commerce industries has raised the demand for effective distribution and warehousing networks to manage rising product volumes. By increasing productivity and lowering operating expenses, technological developments like automation and digitalization in logistics operations are also fostering market expansion.

Challenges:

However, there are difficulties in the KSA transportation and warehousing industry with regard to maintaining security and safety, controlling expenses, using technology, and addressing environmental sustainability. Strict attention to safety regulations and strong security measures are required. In the face of fluctuating fuel prices and growing labor costs, cost management is essential. Adoption of technology increases productivity but necessitates financial and human resources. Environmental sustainability necessitates conformity with eco-friendly policies.

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Saudi Arabia experienced a shift in its purchasing habits during the COVID-19 epidemic, with a shift toward internet stores for necessities. It is anticipated that this change will broaden the market and intensify competition among logistics companies, with an emphasis on expedited delivery and enhanced client satisfaction. Supply chain changes are required to keep up with the growing competitiveness in the last mile, as a result of the pandemic’s rapid e-commerce expansion. When things return to normal, businesses will need to put a high priority on technological innovation in order to scale up their home delivery systems quickly. This is because last-mile logistics is becoming a highly competitive industry where the goal is to offer the best possible customer experience.

Additionally, some of the market key players are; Mosanada Warehousing, Naqel Express, Almajdouie, LSC Warehousing, Panalpina, Kuehne + Nagel, United Warehousing Co, DHL, Wared Logistics, Basem International Shipping & Logistics Co. Ltd.

Key Target Audience:

International Domestic Freight Forwarders

Logistics Companies

Logistics Consultants

Warehousing Companies

Others

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KSA Transportation and Warehousing Market Growth

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