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Electro Hydraulic Power Steering Market Trends 2023- Global Industry Share, Revenue, Growth Drivers, Business Challenges and Future Investment Opportunities Till 2033: SPER Market Research

admin January 2, 2024 Automotive, Business, News

An electric power steering system is a driving aid that the driver can use. Among the various components are an electric motor, sensors, a control module, wiring, connections, a power supply, and an electronic input system. It’s common in passenger cars, SUVs, crossovers, electric vehicles (EVs), performance cars, hybrid vehicles, lorries, buses, and other commercial vehicles. When compared to traditional power steering, electric power steering improves vehicle handling, manoeuvrability, and performance while also allowing drivers to navigate through small situations with ease. It also increases fuel efficiency, precision, maintenance costs, vehicle weight, and delivers a quieter, vibration-free operation.

According to SPER market research, ‘Electro Hydraulic Power Steering Market Size- By Component, By Mechanism, By Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Electro Hydraulic Power Steering Market is predicted to reach USD 6.06 billion by 2033 with a CAGR of 8.04%.

The growing global demand for fuel-efficient automobiles is one of the primary factors driving market expansion. Electric power steering is a lightweight, compact, and long-lasting system that utilises less power than traditional hydraulic power steering, improving vehicle performance, fuel efficiency, weight reduction, and trip range. Furthermore, greater public awareness of the detrimental environmental impact of fossil fuel consumption is driving growth.

Hydraulic power steering (HPS), which has a convoluted architecture, consumes a lot of power, leaks easily, and is difficult to operate, now dominates the commercial vehicle power steering sector. Customisable power, superior steering, low fuel economy, and minimal emissions are all advantages of EPS. As a result, it would gradually seep into commercial cars.

There is a growing market for electric power steering systems, however there are some challenges facing this sector. The increased cost of EPS compared to traditional steering systems, as well as the lack of steering sensation, may stymie industry expansion.

Because of the fluctuating dynamics of the automotive industry, the steering market is always evolving. OEMs are innovating their traditional steering systems in response to the emergence of driverless vehicles. Steer-by-wire technology, for example, will replace the complete steering mechanism in an autonomous car. The steering linkage of a typical electric power steering system is removed with this sort of steering system.

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Impact of COVID-19 on Global Electro Hydraulic Power Steering Market

This had an immediate negative impact on COVID-19’s EPS market because everything from ingredients to completed products, including production, was partially or completely shut down. During the forecast period, ongoing product innovation in the electric power steering sensor systems market is expected to boost market growth. Vendors are producing new goods with improved features in order to retain existing customers and attract new ones. Because the expansion of the electric power steering system market is tightly tied to vehicle production, this condition is projected to have an immediate impact. Nonetheless, the EPS market is expected to develop during the projection period because to improved global economic conditions, global immunisation initiatives, and the revival of the auto sector.

Global Electro Hydraulic Power Steering Market Key Players:

Geographically, Due to the presence of numerous electric car manufacturers, significant sales of commercial vehicles, and a thriving automotive component sector, Asia-Pacific is the world’s largest automotive electro-hydraulic power steering market. Because of the presence of significant parts and component manufacturers such as ZF Friedrichshafen AG and the great promise of commercial vehicle sales, including long-distance touring coaches and multi-axle trucks, North America and Europe are the next largest markets. some of the market key players are HELLA GmbH & Co. KGaA (Faurecia SE), Hycet Technology Co. Ltd (Great Wall Motor Company Limited), JTEKT Corporation, Mitsubishi Electric Corporation.

Electro Hydraulic Power Steering Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Component: Based on the Component, Global Electro Hydraulic Power Steering Market is segmented as; Electric Motor, Electronic Control Unit, Mechanical Rack and Pinion, Sensors, Steering Column, Steering Gear, Others.

By Mechanism: Based on the Mechanism, Global Electro Hydraulic Power Steering Market is segmented as; Collapsible EPS, Rigid EPS.

By Type: Based on the Type, Global Electro Hydraulic Power Steering Market is segmented as; Colum Assist Type, Pinion Assist Type, Rack Assist Type.

By Vehicle Type: Based on the Vehicle Type, Global Electro Hydraulic Power Steering Market is segmented as; Commercial Vehicle, Passenger Car.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and 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:-

Electro Hydraulic Power Steering Market Revenue

Germany Electric Vehicle Market Size- By Type of Vehicles, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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One Wheel Electric Scooter Market Share 2023, Growth, Revenue, Global Industry Size, Trends Analysis, Challenges and Forecast Till 2033: SPER Market Research

admin January 2, 2024 Automotive, Business, News

One-wheel electric scooters are fuel-free and provide a sustainable mode of transportation in various narrow lanes and remote locations where cars or other heavy-duty vehicles are unable to enter. They reduce the impact of air pollution because they do not emit harmful vehicle exhausts or particulate matter. In addition, due to the overuse of fossil fuels and rising levels of air pollution, governments in various countries are encouraging the use of vehicles powered by electric motors. They are also investing in the construction of bike lanes on roads and the installation of charging stations in public places. Furthermore, growing public awareness of the benefits of living sustainably is fueling demand for one-wheel electric scooters.

According to SPER market research, ‘One Wheel Electric Scooter Market Size- By Product Type, By Application, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global One Wheel Electric Scooter Market is predicted to reach USD 418.97 million by 2033 with a CAGR of 8.56%.

The one-wheel electric scooter market is rapidly expanding due to its superior portability when compared to other electric vehicles. These scooters are lightweight and easy to handle, making them extremely convenient for users. One-wheel electric scooters provide a quick and efficient mode of transportation in urban areas with increasing urbanization and traffic congestion, allowing users to reach their destinations quickly. Furthermore, their small size necessitates little parking space, making them ideal for congested urban areas. Additionally, one-wheel electric scooters help to maintain a cleaner environment because they don’t produce any carbon emissions. Users can carry them with ease wherever they go thanks to their lightweight design. For city commuters, one-wheel electric scooters are an attractive option due to these factors as well as their low cost. Therefore, it is anticipated that in the upcoming years, the global market for one-wheel electric scooters will grow significantly.

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Nonetheless, one of the things holding back the One Wheel Electric Scooter market is safety concerns arise because one-wheel electric scooters require good balance and control. Rider safety and accident avoidance are prerequisites for both regulatory compliance and market acceptance. The use of one-wheel electric scooters is restricted by infrastructure. Additionally, there is competition in terms of price, product differentiation, and marketing campaigns.

Furthermore, the market for electric scooters has been adversely affected by the Covid-19 pandemic. Involving the industries. Due to social norms and the lockdown, major companies have halted operations in various locations. The industry anticipates high demands and requirements following the pandemic because of the growing need for efficient use of available space and the rate of urbanization.

One Wheel Electric Scooter Market Key Players:

Geographically, Asia Pacific led the global One Wheel Electric Scooter market in terms of value. China is the biggest market in the Asia-Pacific area. Additionally, some of the market key players are IPS Electric Unicycle, Segway Inc., INMOTION Technologies Co., Ltd., SuperRide, Dongguan Begode Intelligent Technology Co., Ltd., SWAGTRON, Inventist, Inc., FUTURE MOTION INC.

One Wheel Electric Scooter Market Segmentation:

By Product Type: Based on the Product Type, Global One Wheel Electric Scooter Market is segmented as; Electric Unicycle, Electric Onewheel Hoverboard.

By Application: Based on the Application, Global One Wheel Electric Scooter Market is segmented as; Daily Commutes, Off road Activities.

By Sales Channel: Based on the Sales Channel, Global One Wheel Electric Scooter Market is segmented as Online Sales, Offline Sales.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and 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:-

One Wheel Electric Scooter Market Future Outlook

Diesel Particulate Filter Market Size- By Substrate Type, By Regeneration Catalyst, By Regeneration Process, By Equipment Type, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Europe Electric Vehicle Battery Market Share, Growth Drivers, Trends Analysis, Revenue, Demand, Opportunities and Future Competition Report 2033: SPER Market Research

admin December 29, 2023 Automotive, Business, News

The battery of an electric vehicle (EV) is an essential part of the vehicle because it powers the electric motor, which allows the car to move without the use of conventional internal combustion engines. Large lithium-ion batteries are used by electric vehicles to store energy, in contrast to conventional vehicles that run on gasoline or diesel. Individual cells with an electrolyte, a cathode, and an anode make up these batteries. As electrons flow through the electrolyte from the anode to the cathode, electricity is produced and the vehicle is propelled forward. The efficiency and capacity of these batteries have a major impact on the performance, appeal, and range of an electric vehicle.

According to SPER market research, ‘Europe Electric Vehicle Battery Market Size- By Battery Type, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Electric Vehicle Battery Market is predicted to reach USD XX billion by 2033 with a CAGR of 7.5%.

Since they have lower running costs, EV maintenance costs are also affordable. Engine upkeep, such as cleaning and oil changes, is not necessary for EVs. Aside from that, the simple transmission does not require routine maintenance.

Compared to conventional fossil fuel-powered vehicles, electric vehicles require less maintenance. However, compared to conventional machines, repair costs may be higher due to the EV transmission’s newness, sophistication, and requirement for expert supervision. There is very little cost difference between BEV, PHEV, and HEV.

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The development and broad use of electric vehicle (EV) batteries in Europe is hampered by a number of issues. One major obstacle is the high cost of producing electric car batteries, which drives up the cost of an electric vehicle considerably. Despite the long-term savings from lower fuel and maintenance costs, some potential customers may be turned off by these costs. Inadequate infrastructure for charging electric cars is another factor impeding their widespread use in some parts of Europe. Concerns among consumers regarding range anxiety, or the risk of depleting their battery before arriving at a charging station, continue to exist.

Impact of COVID-19 on Europe Electric Vehicle Battery Market

Numerous industries were severely impacted by the pandemic, most notably the auto industry, where major producers were forced to temporarily halt operations or operate at reduced capacity in order to comply with government orders. The COVID-19 pandemic had a severe negative impact on the sectors that generated and transformed renewable energy, including grid storage, battery-powered electric cars, and personal electronics.

Europe EV Battery Market Key Players:

Manufacturing facilities, supply chains, and consumer demands were all halted in Europe during the lockdowns in the first half of 2020. The European market suffered from temporary plant closures and a decline in the demand for EV batteries.

Additionally, some of the market key players are . Ltd, Contemporary Amperex Technology Co. Ltd, East Penn Manufacturing Company, GS Yuasa Corporation.

Europe Electric Vehicle Battery Market Segmentation:

By Battery Type: Based on the Battery Type, Europe Electric Vehicle Battery Market is segmented as; Lead-acid Battery, Lithium-ion Battery, Others.

By Vehicle Type: Based on the Component, Europe Electric Vehicle Battery Market is segmented as; Battery Electric Vehicle, Plug-in-Hybrid Electric Vehicle, Hybrid Electric Vehicle.

By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.

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:-

Europe EV Battery Market Share

Qatar Tire Market Size- By Vehicle Type, By Demand Category, By Tire Type, By Rim Size- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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UAE Logistics Market Growth 2023- Industry Share, Demand, Emerging Trends, Key Players, Business Opportunities and Forecast Analysis till 2033: SPER Market Research

admin December 29, 2023 Automotive, Business, News

The organised management of goods, services, and information as they move from their point of origin to their site of consumption is known as logistics. Transportation, warehousing, inventory management, and distribution are examples of acts that must be planned, implemented, and controlled to enable the efficient transfer of resources. Furthermore, effective logistics ensures that products are available in the right place, at the right time, and in the correct quantity, all while cutting costs and improving customer satisfaction. It is essential in supply chain management because it assists businesses in optimising processes, reducing lead times, and increasing overall competitiveness. It also coordinates and streamlines processes, making it possible for goods and services to move easily throughout the region.

According to SPER market research, UAE Logistics Market Size-By Model Type, By Transportation Mode, By End Use -Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the UAE Logistics Market is predicted to reach USD XX billion by 2033 with a CAGR of 6.4%.

The UAE logistics market is growing, and one of the main drivers of this growth is the e-commerce sector. Because of growing Internet penetration and smartphone availability in the UAE, the e-commerce business is fast expanding. The growth of the e-commerce industry has had a significant impact on the logistics industry. As consumers spend more time on online platforms, the box delivered to their door may be their first interaction with the company.

Additionally, logistics is vital to enhancing the customer experience because the flow of goods depends greatly on the transportation and distribution network. As a result, several industry players are including logistical services into their e-commerce operations. As a result, such elements are positively affecting the UAE logistics industry’s growth. As a result, the UAE logistics industry is likely to grow throughout the forecast period.

One of the main obstacles to the UAE logistics company’s growth is its high operating costs. The high operational costs are mostly due to growing shipping costs, which are worsened by factors such as skilled labour shortages and rising fuel prices. Furthermore, fluctuations in crude oil prices have a substantial impact on increasing transportation costs, reducing the profitability of logistics service providers.

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Impact of COVID-19 on UAE Logistics Market

The United Arab Emirates’ (UAE) logistics industry was greatly impacted by the COVID-19 pandemic. The worldwide health crisis disrupted supply chains, produced variations in demand, and caused transit delays. The lockdown measures and mobility restrictions put in place to stop the virus’s spread had considerable impact on product flow, particularly in the early stages of the outbreak. The UAE reacted quickly to ensure the continuance of logistical operations by implementing digital technology, contactless processes, and enhanced safety measures.

UAE Logistics Market Key Player

Additionally, some of the market key players are Al Furat LLC, CEVA Logistics (CMA CGM S.A.), DGL Group, Emirates Logistics LLC, Global Shipping & Logistics LLC, Hellman Worldwide Logistics, Jenae Logistics LLC.

UAE Logistics Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply

Forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Model Type: Based on the Model Type, UAE Logistics Market is segmented as; 2PL, 3PL, 4PL.

By Transportation Mode: Based on the Transportation Mode, UAE Logistics Market is segmented as; Airways, Railways, Roadways, Seaways.

By End User: Based on the End User, UAE Logistics Market is segmented as; Automotive, Chemicals, Construction, Consumer Goods, Food and Beverages, Healthcare, IT hardware, Manufacturing, Oil and Gas, Retail, Telecom, Others.

By Region: This research also includes data for Abu Dhabi, Sharjah, Ras Al Khaimah (RAK), Fujairah, Rest of UAE.

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:-

UAE Logistics Market Business Opportunities

UAE Car Accessories Market Size- By Location, By Vehicle Type, By Demand Category, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Russia Electric Cars Market Size, Share, Growth, Emerging Trends, Revenue, CAGR Status, Key Players, Future Opportunities and Forecast till 2033: SPER Market Research

admin December 28, 2023 Automotive, News

The main purpose of the electric car was to displace traditional modes of transportation, which pollute the environment. Its increased popularity can be attributed to many technical breakthroughs. It performs better than traditional cars in terms of fuel economy, low carbon emissions and maintenance, convenience of charging at home, smoother driving, and lower engine noise. Batteries, hybrid, and plug-in hybrid electric vehicles are the three categories of electric vehicle types. Furthermore, although they cost a little more than their gasoline-powered counterparts, electric cars don’t need to have their engine oil changed.

According to SPER market research, ‘Russia Electric Cars Market Size- By Technology, By Product, By Battery, By Battery Capacity, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Russia Electric Cars Market is predicted to reach USD XX billion by 2033 with a CAGR of 1.1%.

The rising cost of gasoline and diesel has led to a recent increase in demand for fuel-efficient vehicles. Since fuels like gasoline and diesel are non-renewable, there is a growing need to discover alternative fuel sources, which is anticipated to lead to a rise in the manufacturing of electrically powered vehicles. The demand for electric vehicles, which have zero emission technology and are environmentally benign, has surged due to the strict CO2 emission regulations. The market for electric vehicles is being driven by considerations including improved fuel economy, lower pollution rates, smoother driving, and quieter engines. The Russian government has planned a number of initiatives to encourage the growth of electric vehicles in Russia and to establish favorable circumstances for their widespread adoption by consumers.

There are obstacles to growing the EV charging industry, including a lack of incentives and expensive installation prices for chargers. The potentially high upfront costs associated with level 3 and ultra-fast chargers are one major issue. The complete charge time of level 1 and level 2 chargers, on the other hand, is 6 to 16 hours, which is significantly longer than the 5 to 7 minutes required to recharge typical fossil fuel vehicles. It may additionally be intimidating to set up a level 3 charging station because it involves a large initial cost. Because more prolonged charging times can interfere with hectic schedules, this expense might deter individuals from thinking about switching to EVs.

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The COVID-19 pandemic has had a significant negative impact on the Russian economy overall. Furthermore, COVID-19 had an effect on every industry’s supply chain, delaying payments to suppliers, manufacturing operations, supply networks, and consumer requirements throughout Europe were paralyzed. Government restrictions and statewide lockdowns have affected the majority of EVSE (Electric Vehicle Supply Equipment) producers worldwide, resulting in a halting of significant investments in areas such as the installation of charging infrastructure.

Additionally, some of the market key players are AB Volvo, Audi AG, BMW AG, Hyundai Motor Company, Jaguar, Lexus, Nissan Motor Company Ltd., Porsche, Tesla Inc.,

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Russia Electric Cars Market Research Report

Air Brake System Market Size- By Type, By Component, By Technology, By Vehicle Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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North America Connected Car Market Trends, Share-Size, Growth Drivers, Revenue, Key Manufacturers, Future Opportunities and Forecast till 2033: SPER Market Research

admin December 28, 2023 Automotive, Business, News

A connected car is an expensive, modern car equipped with state-of-the-art technology that allows it to connect to other cars, the internet, and various devices. Within connected cars, computer systems and specialized sensors work together to collect and exchange data. By having access to real-time data on traffic, weather, and navigation within the car, drivers are better equipped to make informed decisions thanks to this connectivity. Connected cars can come equipped with features like self-parking, GPS navigation, and autonomous emergency assistance.

According to SPER market research, ‘North America Connected Car Market Size- By Technology Type, By Application Type, By Connectivity Type, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Connected Car Market is predicted to reach USD 442.51 billion by 2033 with a CAGR of 25.29%.

Some of the long-term factors driving demand in the automotive and transportation sectors are the availability of 5G, rising Internet penetration, rising R&D spending by major industry players, falling data costs, and consumers’ growing preference for connectivity features over mechanical vehicle specifications. As electric and driverless vehicles gain popularity and sales, connected vehicle sales are also increasing in the North American market.

Furthermore, rising customer demand for connectivity solutions, the increasing need for constant connectivity, our increasing reliance on technology, and the increase in the population of tech-savvy individuals are the main factors propelling the global market expansion for connected cars.

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Numerous challenges are impeding the connected car market’s growth and efficacy in North America. A significant obstacle to connected car technologies is the requirement for a strong, comprehensive infrastructure. These days, real-time data sharing apps and intelligent navigation systems depend on a steady, quick network connection. In certain situations, the efficacy of connected car features might be restricted by a lack of quick and convenient network access. Concerns over data security and privacy are also present. The location of the car and the driver’s actions are two of the many pieces of information that increasingly connected cars collect and send.

Impact of COVID-19 on North America Connected Car Market

North America’s market for connected cars has been significantly impacted by the COVID-19 pandemic. Travel and vehicle usage have significantly decreased as a result of the lockdowns and restrictions. The adoption and use of connected car services, like in-car entertainment systems, remote diagnostics, and real-time navigation, have been impacted by this decline in mobility. Due to production disruptions and supply chain issues, automakers have been slow to introduce new models of connected cars. Consumer decisions have also been impacted by financial difficulties and economic volatility; some have postponed purchases of cutting-edge automotive technologies.

North America Connected Car Market Key Players:

Furthermore, After Canada and Mexico, the United States is probably going to be the biggest market in North America for connected cars. Additionally, some of the market key players are Hyundai Kia Automotive Group, Jaguar Land Rover Limited, Mercedes-Benz AG, Nissan Motor Co. Ltd,.

North America Connected Car Market Segmentation:

By Technology Type: Based on the Technology Type, North America Connected Car Market is segmented as; 5G, 4G/LTE, 3G, 2G.

By Application Type: Based on the Application Type, North America Connected Car Market is segmented as; Driver Assistance, Telematics, Infotainment, Others.

By Connectivity Type: Based on the Connectivity Type, North America Connected Car Market is segmented as; Integrated, Embedded, Tethered.

By Vehicle Connectivity Type: Based on the Vehicle Connectivity Type, North America Connected Car Market is segmented as; V2 Vehicle, V2 Infrastructure, V2 Pedestrian.

By Vehicle Type: Based on the Vehicle Connectivity Type, North America Connected Car Market is segmented as; Passenger Cars, Commercial Vehicles.

By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.

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:-

North America Connected Car Market Growth

Diesel Particulate Filter Market Size- By Substrate Type, By Regeneration Catalyst, By Regeneration Process, By Equipment Type, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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UAE Electric Vehicle Market Growth, Share, Industry Trends, Key Manufacturers, Revenue, Competition and Forecast Research Report 2023-2033: SPER Market Research

admin December 27, 2023 Automotive, Business, News

Electric vehicles (EVs), because they are carbon-free and run on non-fossil fuels, have a chance of slow the rate of climate change, as CO2 emissions from traffic and industry continue to have a negative impact on the climate and the environment. Governments around the world, including the UAE, are launching a variety of programs to promote the use of electric vehicles (EVs) and provide tax breaks and redemption opportunities to consumers.

An electric vehicle, as opposed to its gasoline-powered counterpart, is powered by electricity. Rather than an internal combustion engine, these vehicles are powered by an electric motor, which requires a constant supply of energy from battery packs to function.

According to SPER market research, ‘UAE Electric Vehicle Market Size – By Vehicle Type, By Propulsion, By Range – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the UAE Electric Vehicle Market is predicted to reach USD 1107.57 million by 2033 with a CAGR of 8.79%.

The government of the United Arab Emirates has implemented several incentives aimed at encouraging the adoption of electric vehicles. These consist of free charging, lower registration costs, and availability of EV lanes. These rewards have played a crucial role in persuading people to choose electric cars.

Electric cars are no exception to the UAE’s taste for opulent, high-performance automobiles. Prominent automakers have launched high-end electric models, which has helped the region’s high-end EV adoption increase.

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Costly Initial Prices: Compared to conventional gasoline-powered cars, electric cars typically have higher initial costs. The cost of the electric drivetrain and battery is the reason for this price difference. EVs have higher initial costs, which may discourage many potential buyers, especially in price-sensitive market segments, even though they require less fuel and maintenance over time.

Infrastructures for Charging: The UAE has made significant investments to develop its infrastructure for charging, but issues still exist. These include offering faster charging options, particularly in crowded areas, and providing nationwide coverage.

Impact of COVID-19 on UAE Electric Vehicle Market

The COVID-19 pandemic has presented a number of opportunities and challenges for the electric vehicle (EV) market in the United Arab Emirates (UAE). Early in the pandemic, disruptions in the supply chain delayed the production and delivery of electric vehicles. Furthermore, lower consumer spending and unpredictability in the economy affected the entire automotive industry, including the EV sector. But as the globe struggled to deal with the crisis’s effects on the environment, environmentally friendly and sustainable solutions gained more attention.

UAE Electric Vehicle Market Key Players:

Furthermore, In the UAE, Dubai serves as a major hub for electric vehicles. The wealthy citizens of the Emirate have demonstrated a keen interest in high-end, high-performance electric cars, creating a significant market for luxury EVs. Additionally some of the market players are: BMG AG, Ford Motor Technologies LTD, General Motor Company, Groupe Renault, Hyundai Motor Company.

UAE Electric Vehicle Market Segmentation:

By Vehicle Type: Based on the Vehicle Type, UAE Electric Vehicle Market is segmented as; Two-Wheeler, Passenger Car, LCV, M&HCV, OTR.

By Propulsion: Based on the Propulsion, UAE Electric Vehicle Market is segmented as; BEV, HEV, PHEV, FCEV.

By Range: Based on the Range, UAE Electric Vehicle Market is segmented as; 50 Miles, 51-150 Miles, 151-200 Miles, 201-400 Miles, Above 400 Miles.

By Region: This research also includes data for Dubai, Abu Dhabi, Sharjah, Others.

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: –

UAE Electric Vehicle Market Demand

Automotive Paints and Coatings Market Size- By Vehicle Type, By Coating Type, By Technology, By Texture, By Distribution Channel, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Automatic Tube Cleaning Market Growth 2023, Global Industry Share, Rising Trends, Revenue, Scope, Key Manufacturers, Challenges, Future Opportunities and Forecast Till 2033: SPER Market Research

admin December 26, 2023 Automotive, Business

The regular maintenance and cleaning of blocked tubes is done by an automatic tube cleaning system. Heat exchanger surfaces are completely kept free of fouling and their efficacy is maintained by a continuous hydro-mechanical cleaning system. Softballs are sent through the tubes at predefined intervals by the automatic tube cleaning system, which cleans the compressor and heat exchanger. In order to clean tubes cheaply and efficiently while saving energy, this eco-friendly technique is essential for getting rid of buildup, leftover deposits, and foulant without the need for dangerous chemicals.

According to SPER market research, ‘Automatic Tube Cleaning Market– By Type, By End Use, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Automatic Tube Cleaning Market is predicted to reach USD 175.66 billion by 2033 with a CAGR of 4.2%.

The necessity to improve heat exchangers’ thermal efficiency is the main factor driving the demand for automatic tube cleaning systems globally. Power stations can improve efficiency by retrofitting automatic tube cleaning systems. Energy consumption in the HVAC and process industries can be decreased with the automatic tube cleaning system. In addition, throughout the previously indicated forecast period, future desalination projects and growing technological breakthroughs towards the creation of cost-effective automated cleaning systems will further generate new prospects for the market for automatic tube cleaning systems.

The high initial cost is a major market barrier for the automatic tube cleaning system industry globally. It involves the design of an automated tube cleaning system. Some of the heat exchangers that are currently in use cannot have automatic tube cleaning systems because of space constraints.

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The COVID-19 pandemic has a major impact on the global market for Automatic Tube Cleaning (ATC). Market expansion was hindered by pandemic-related setbacks, such as diminished industrial production, postponed projects, and limitations on the supply chain. There were recessions in major ATC system users’ industries, including manufacturing, power production, and HVAC. Nonetheless, it is anticipated that the pandemic would spur a greater emphasis on environmentally friendly and energy-efficient solutions, which will fuel market recovery. ATC systems will certainly see a rise in demand as industries pick back up, highlighting the market’s resiliency and its crucial role in improving operational efficiency and lowering energy usage in vital sectors.

The market for automatic tube cleaning systems is dominated by Asia-Pacific because of the region’s growing number of power plants and growing use of the product in a variety of industries, including refineries and power plants. Due to the increasing use of automatic tube cleaning systems in heating and ventilation, among other applications, to increase operational efficiency, Europe is predicted to be the region with the highest growth in the market for these systems.

Additionally, some of the market key players are Beaudrey, Bossmanfilter, CET Enviro Pvt. Ltd., Conco Services Corp., SAHAPIE ENGINEERING CO.LTD., TAPROGGE GmbH, WSA Engineered Systems, Others.

Automatic Tube Cleaning Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.

By Type: Based on the Type, Global Automatic Tube Cleaning Market is segmented as; Automatic Ball Tube Cleaning System, Automatic Brush Tube Cleaning System.

By End Use: Based on the End Use, Global Automatic Tube Cleaning Market is segmented as; Commercial Space, Hospitality, Oil Gas, Power Generation, Others.

By Application: Based on the Application, Global Automatic Tube Cleaning Market is segmented as; Boilers, Chillers, Cooling Towers.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

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Automatic Tube Cleaning Market Research Report

Air Brake System Market Size- By Type, By Component, By Technology, By Vehicle Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Qatar Used Car Market Growth, Size, Share, Rising Trends, Revenue, CAGR Status, Challenges, Future Opportunities and Competitive Analysis 2033: SPER Market Research

admin December 22, 2023 Automotive, Business

The buying and selling of pre-owned or second-hand cars is referred to as the used automobile market. In this market, cars with one or more prior owners are traded by individuals, dealerships, and other organizations. The used car market is an important part of the automotive sector as a whole and is essential in giving consumers choices other than buying new cars.

According to SPER market research, ‘Qatar Used Car Market Size- By Vehicle Type, By Vendor Type, By Fuel Type, By Sales Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Qatar Used Car Market is predicted to USD 1.21 billion by 2033 with a CAGR of 7.86%.

The used car market in Qatar presents a range of challenges as well as opportunities. When their financial stability improves, consumers favour private transportation options because they are more convenient for their own personal mobility. But some of these consumers are deterred from purchasing brand-new cars by the increase in the cost of new vehicles, which eventually contributes to Qatar’s surging demand for used cars. The introduction of online auto marketplaces, rising new vehicle pricing, and customers’ increased preference for using private transportation choices as a result of rising GDP per capita and personal disposable income are the key reasons driving the expansion of the used automobile industry in Qatar.

Two of the major issues facing the used automobile market right now are the high interest rates associated with bank loans and the numerous promotions on Chinese cars that have been introduced to the Qatari market in recent years. The demand for used cars is negatively impacted by these problems. In addition to the more sophisticated options, several Chinese auto firms offer lower prices, internal financing options, and warranties of up to seven years as compared to automakers in the US, Europe, and Asia. The used automobile market may be impacted by cultural preferences and attitudes around car ownership. Success in the automotive sector requires an understanding of local preferences and the ability to adjust accordingly. The appeal of older second-hand cars may be impacted by the quick advancement of automotive technology. Older model demand may be impacted by consumers’ preference for cars with the newest safety features and technology innovations.

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The COVID-19 pandemic had a serious negative effect on the used car market in Qatar. Economic volatility and waning client confidence contributed to a sharp drop in sales. Trade restrictions and production slowdowns restricted the availability of new cars, which in turn restricted the supply of used cars. Dealership operations were impacted by lockdown and social distancing protocols, which resulted in a rise in internet sales and virtual showrooms. Similar to the new car industry, the used automobile market is subject to supply, demand, and market variables that can affect pricing and inventory levels. These variations could have been influenced by the uncertainty brought on by the pandemic. Consumer spending, particularly in the car industry, may have been impacted by government stimulus packages and assistance initiatives designed to lessen the economic effects of COVID-19.

As the capital and biggest city of Qatar, Doha is an important area for the used automobile industry. North of Doha lies a developing city called Lusail. Given that it is a planned city and frequently hosts significant events, population expansion and economic activity are expected, which could result in the emergence of a used automobile market. Additionally, some of the market key players are Automall Qatar, AutoZ Qatar, Oasis Cars, Qmotor, Yallamotor, Others and various others.

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Qatar Used Car Market Outlook

Automotive Heat Shield Market Size- By Application, By Material, By Function, By Product, Vehicle, By Electric Vehicle- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Singapore Cold Chain Market Growth 2023, Share, Emerging Trends, Revenue, CAGR Status, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin December 22, 2023 Automotive, News

The term “cold chain” describes a supply chain that regulates temperature in order to preserve and move goods, especially those that are sensitive to changes in temperature. A cold chain’s objective is to preserve the integrity and quality of perishable goods, like food, medications, and some chemicals, by maintaining a set temperature range for the duration of the supply chain’s operations, from manufacturing to distribution, storage, and transportation.

According to SPER market research, ‘Singapore Cold Chain Market Size- By Offering, By Logistics, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Singapore Cold Chain Market is predicted to reach USD XX billion by 2033 with CAGR of 6.43%.

Due to rising international trade, Singapore’s cold chain industry is growing. To facilitate the transportation of perishable goods across borders while maintaining quality and adhering to import/export regulations, a robust infrastructure is required. Technological advancements in the cold chain, like temperature monitoring systems and real-time data analytics, enhance product traceability, inventory management, and operational efficiency. The establishment of cold storage facilities and logistical hubs, for example, is supported by and invested in by the Malaysian government, which further promotes industrial expansion. A supportive environment for the cold chain business can be created by government initiatives and support. These projects aim to improve infrastructure and logistics capabilities. Improved storage and transit infrastructure might be advantageous to cold chain suppliers. Cold chain suppliers have the chance to use eco-friendly procedures, like energy-efficient refrigeration equipment and sustainable packaging, as sustainability gains traction.

Issues with infrastructure limitations, temperature control and monitoring, energy expenses, and a lack of regulations face the Singapore Cold Chain Market. Inadequate cold storage facilities, inadequate transportation systems, and a dearth of refrigerated trucks obstruct the effective transportation of commodities that are sensitive to temperature. It is challenging to ensure efficient temperature management and monitoring across the supply chain due to technology limitations, equipment malfunctions, and human error. Exorbitant energy expenses impact cold chain businesses’ profitability and pose challenges to the upkeep of a productive and economical network. In the cold chain, achieving end-to-end visibility is still difficult. Temperature-sensitive items must be tracked and monitored in real time throughout the supply chain, but not all businesses may have the required technologies in place. Specific knowledge and abilities are needed to operate cold chain facilities.

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The COVID-19 pandemic has a significant impact on the Singapore cold chain market. The need for cold storage facilities and logistical services increased as a result of the delivery and storage of COVID-19 immunizations. The preservation of vaccines and medical supplies has made temperature monitoring devices increasingly crucial. With the shift in consumer behaviour toward online shopping, there is a greater demand for cold chain services when delivering perishable goods to homes. For the cold chain business, the delivery of COVID-19 vaccines has presented both opportunities and challenges because many of them need strict temperature control. While there may have been a rise in demand for vaccinations from businesses engaged in cold chain logistics, these businesses also had to deal with difficulties in keeping the proper temperature during storage and transit. The pandemic has affected many businesses, particularly the cold chain, by upsetting global supply systems.

The capital and largest city, Riyadh, serves as a key hub for infrastructure and development projects. The market for structural steel is anticipated to be significantly impacted by Neom, the future city project. Additionally, some of the market key players are DB Schenker Logistics Company, DHL Logistics, DTDC ECommerce, MNX Global Logistics, Pan Ocean, Volvo Group, Yusen Logistics Service and various others.

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Singapore Cold Chain Market Future Outlook

Italy Car Rental Market Size- By Booking Type, By Car Type, By Rental Length, By Application, By Fuel Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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