Electric and Hybrid Electric Buses Market Current Trends and Developments Opportunities Report

The electric & hybrid electric buses market is subject to witness a substantial growth due to the rapid technological advancement in automotive sector and favorable initiative to promote electrical vehicles in the market. Growing concerns regarding exponential rise in air pollution, and shifting preference towards zero emission vehicles from clean energy vehicles (CNG buses) are expected to drive the growth of the market over the forecast period. Globally, electric & hybrid electric bus market is predicted to generate massive revenue over the next seven years, providing numerous opportunities for industry participants to invest in research and development of electric & hybrid electric buses.

Swift decline in cost of automobile batteries and development of new energy batteries are projected to limit manufacturing cost of electric & hybrid electric buses, thus fostering market growth. Several manufactures are developing electric & hybrid electric buses as per regional demands, such as roads condition, affordability and country’s requirements. Rising investment by local government to strengthen public transportation and to curb air pollution levels, are positively affecting market demand for electric & hybrid electric buses.

A hybrid electric bus combines a conventional internal combustion engine propulsion system with an electric propulsion system. These type of buses normally use a Diesel-electric powertrain and are also known as hybrid Diesel-electric buses. The introduction of hybrid electric vehicles and other green vehicles for purposes of public transport forms a part of sustainable transport schemes.

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The electric & hybrid electric buses market is broadly categorized into three major segments based on the product type such as light duty electric buses, hybrid electric buses and heavy duty electric buses. Hybrid electric buses segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of hybrid electric buses segment is attributed to the increasing product penetration in the newer markets and availability of customized buses.

The electric & hybrid electric bus market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in the recent years owing to the rise in implementation of latest technologies in automotive sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth over the coming years.

Asia-Pacific region is estimated to hold a major share in the electric and hybrid electric buses market with massive growth in the forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising manufacturing activities, favorable government policies, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the electric & hybrid electric buses market are EBUSCO B.V., Alexander Dennis Ltd., Daimler AG, Ashok Leyland Ltd., Proterra, Inc., The Volvo Group, and BYD Company Ltd.

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Cold Chain Monitoring Market Growth Analysis & Forecast Research Report

Global cold chain monitoring market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Cold chain monitoring is a supply chain logistics solution that helps in effective tracking of pharmaceutical & healthcare products, perishable products, and food items with expected freshness.

The factors that are playing a major role in the growth of cold chain monitoring market are the high demand for generic drugs, the rising government initiative on issuing policies affecting supply chain efficiency of developing pharma sector in North America and Europe, and the growing demand for the high-quality food. However, the high cost of implementation may restrain the overall market in the years to come. The market is segmented based on component, application, logistics and region.

Software and hardware are the components that could be explored in the market in the forecast period. Software sector comprises cloud and on-premises. Whereas, the hardware sector comprise networking devices, sensors & data loggers, telematics & telemetry devices, and RFID devices. The hardware sector accounted for the significant share of the market and is estimated to lead the overall market in the years to come. The reason could be for monitoring effective network.

Based on the logistics, transportation, storage, and others could classify cold chain monitoring in the forecast period. The transportation sector accounted for the significant share of cold chain monitoring market and is estimated to lead the overall market in the years to come. The reason could be the rising distribution network of the cold chain.

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The market may be categorized based on applications like chemicals, pharmaceuticals & healthcare, food & beverages, and others that could be explored in the forecast period. The food & beverage sector accounted for the substantial share of market and is estimated to continue its dominance in the years to come. The reason behind the overall market growth could be the rising demand for meat and seafood, the dietary changes of people, and it maintains the durability and food quality.

Globally, North America accounted for the significant share of cold chain monitoring market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, the high demand for frozen and chilled foods, the presence of developed cold chain infrastructure, and the rising demand for generic drugs. The United States is a major consumer of cold chain monitoring in this region.

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of cold chain monitoring in this region.

The key players of cold chain monitoring market are Infratab, Sensitech, Zest Labs, ORBCOMM, Savi Technology, Berlinger & Co., SecureRF Corporation, Monnit Corporation, Controlant, and Elpro – Buchs. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Cold Chain Logistics Market Current Trends, Analysis, and Growth Factors

The global cold chain logistics market is set to grow at a higher CAGR during the forecast period. Cold chain systems is a force that generates exports and unleashes new opportunities over multiple sectors rather operating singular. The development of the cold chain facilities are highly vital to the growth of global trade as perishable products due to the availability of food product and health supplies.

Every year, the food and pharmaceutical sector faces a huge loss due to the wastage, lack of proper storage facilities and improper food safety handling procedures. Cold chain logistics market is driven by rise in demand for food storage facilities and safety in food handling procedures. In addition, the market is influenced by the adoption to digital storage techniques. The growing support from governments and free trade policies have been instrumental in shaping the market growth for the forecast period.

Application category for cold chain logistics market is segmented as bakery & confectionary, meat, fish & seafood and drugs & pharmaceuticals. Meat, sea and fish food account for a significant market share owing to increased demands by the population. Drugs & pharmaceuticals segment is anticipated to rise at a higher pace during the forecast period.

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Geographical segmentation for cold chain logistics Industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to grow at a significant pace during the forecast period due to presence of population and small scale meat & poultry market and meat stimulates the market growth.

North American and European markets are expected to witness a robust CAGR in the estimated period due to the key developments in packaging industry and advances in the transportation facilities. In addition, merger & acquisition activities followed by combined technologies helps the market growth in the forecast period. The key players profiled in the cold chain logistics market report are Lineage Logistics, Swire Group LLC, VersaCold Logistics Services, Americold Logistics, AGRO Merchants Group LLC. Nichrei Logistics Group Inc, Congebec Logistics Inc, Conestoga Cold Storage Inc, Interstate Warehousing Inc., and United States Cold Storage Inc.

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Sport Hybrid Bikes Market Key Participants, Trends, and SWOT Analysis

The global Sport Hybrid Bikes Market is estimated to grow by the completion of the prediction period. With reference to the study statement, the market estimated to develop at a substantial CAGR for the duration of the prediction. The study statement on sport hybrid bikes delivers an exceptional means for assessing the market, emphasizing openings, and backing up the planned and calculated policymaking. This statement distinguishes that in this speedily developing and economic surroundings, latest figures about the marketing is necessary to observe the presentation and make serious judgements for progress and productivity. It offers figures on inclinations and progresses, and concentrates on markets and materials, capabilities and expertise, and on the altering configuration of the sport hybrid bikes market.

On the source of the Applications, the statement concentrates on the position and viewpoint for foremost uses. It takes into consideration the intake in terms of sales, market stake and development percentage of sport hybrid bikes for respective use, including Commercial Usage, Home-based Usage.

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The sport hybrid bike market on the source of Type shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into V Brake/ Linear Pull, Mechanical Disc Brake, Hydraulic Disc Brake.

The sport hybrid bikes market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage, for the duration of the prediction could span North America, Europe, Japan, India, China and Southeast Asia.

The statement revises Trades in terms of intake of sport hybrid bikes in the market; particularly in the areas of North America, Europe, Japan, India, China and Southeast Asia. It concentrates on the topmost companies operating in these regions with reference to Trades, Price, Profits and Market stake for respective competitor. Some of the important companies operating in the field on the international basis are Diamondback, Fuji, Giant Bicycles, GT, Marin Bicycles.

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Spare Parts Logistics Market Growth Assessment, Future Trends, and Business Opportunities

Global spare parts logistics market is estimated to grow substantially in the forecast period due to growing emphasis of OEMs on aftermarket for better profits. Spare parts logistics is the management of the flow of accessories required by different industries from one location to another. It helps in proper planning of the process chain, looks after supply management, controls the availability of stocks and service parameters, inspects the quality of spare parts, and tracks the consignment.

Factors influencing the growth of the market are rise in demand for spare parts for automobiles, increasing developments in automobile industry, and rising investments in service industry. Moreover, increased competition among market players and rise in demand from developing economies of Asia Pacific like China and India are also driving the spare part logistics market. However, high cost of spare parts supply chain is expected to hamper the market growth.

Advent of block-chain technology for simplified tracking of the spare parts supply chain is one trend observed in the market. Nonetheless, increasing need for curtailing the costs of supply chain is a challenge for the spare parts logistics market.

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Market is categorized on the basis of type, application, and geography. On the basis of type, market is divided into waterway freight, airway freight, and roadway freight. Roadway freight segment lead the market owing to booming automobile industry.

In terms of application, market is divided into technology industry, industrial sector, electronics industry, automotive sector, and others. Automotive sector is predicted to hold larger share of the market due to high demand for the spare parts because of rising demand for vehicles.

Geographically, market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific and Middle East and Africa is anticipated to dominate the market owing to developments in automotive industry. Europe is also expected to hold larger share of the market due to the presence of larger number of manufacturers and mature automobile market.

The prominent players in spare parts logistics market include Deutsche Post DHL, Ryder, CEVA Logistics, Lockheed Martin, Kuehne + Nagel Inc., SEKO Logistics, Beumer Group, Network Global Logistics, TVS Logistics, FedEx Supply Chain, Broekman Logistics, Logwin, PTC Servigistics, Choice Logistics, Kerry Logistics, and United Parcel Service of America Inc.

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