Business NewsWire - Pagina 9 di 15 - A Business News Site

Enhancing Road Safety: Exploring the Acoustic Vehicle Alerting System Market

The global acoustic vehicle alerting system market is expected to attain a revenue of $10,578.8 million by 2030, progressing at an 11.9% CAGR during 2020–2030, as stated by a report by P&S Intelligence. The market is growing due to the increasing demand for electric vehicles, declining cost of acoustic vehicle alerting system components, proposed plan of new EV variants launch, and mandatory regulatory compliances.

The current COVID-19 situation has disrupted the automotive industry, much like several other industries, which is further predicted to hamper to growth of the market. Unless and until the electric vehicle industry gets back on the track, which can be done with the help of government policies for electric vehicles, the future of the acoustic vehicle alerting system domain is uncertain. Some other factors upon which the future of the electric vehicle industry depends are economic recovery rate, ease in confinement measures, consumer behavior regarding purchase of new cars, and potential second waves of the pandemic.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/acoustic-vehicle-alerting-system-market/report-sample

On the basis of vehicle, the acoustic vehicle alerting system marketis divided into four-wheeler and two-wheeler, between which, the four-wheeler division is predicted to advance at a faster pace in the years to come. A major for this is the increasing requirement for electric cars in North American and European countries. In addition this, the regulatory compliances that mandate the installation of these systems in four-wheelers by 2021 is also predicted to drive the growth of this division.

In terms of propulsion, theacoustic vehicle alerting system market is categorized into plug-in hybrid electric vehicle, battery electric vehicle (BEV), and fuel-cell electric vehicle. Out of these, the BEV category is expected to account for the largest share of the market in the coming years due to the rising government support for these vehicles, which, in turn, is due to their eco-friendly nature. Moreover, the reducing battery prices and less mechanical complexity of these vehicles are also projected to drive their demand.

The Asia-Pacific (APAC) region is expected to dominate the acoustic vehicle alerting system market in 2030. China is the largest electric vehicle industry within the region and across the globe. The country accounted for over 90% of the total electric two-wheeler sales and approximately 50% of electric cars in 2019 and 90% of electric two-wheeler sales in 2019. Due to this, the country is also the largest domain for acoustic vehicle alerting system. Europe is expected to advance at the fastest pace in the years to come.

Navigating the Pandemic: COVID-19 Impact Analysis on the Electric Vehicle Industry

The COVID-19 pandemic has massively hampered the progress of the global electric vehicle (EV) industry. As a result, the industry fell by nearly 15% in 2020 in comparison to the sales recorded in 2019. Moreover, electric vehicle sales fell to 1.8 million units in 2020 from the 2.1 million units recorded in 2019, and the market recorded a decline of 43% in comparison to the forecast done for 2020 before the pandemic.

COVID-19 Impact Analysis on Electric Vehicle Industry

This is attributed to the sharp fall in vehicle manufacturing and sales, due to the imposition of lockdowns and restrictions on mobility in several countries. However, the impact of these lockdowns has been less severe on the electric vehicle industry, with the market recording a reduction in its gross value added (GVA) by 14–16% (automobile production) in 2020. China, which is the biggest EV market in the world, recorded a sharp decline in EV sales because of the pandemic.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/covid-19-impact-analysis-electric-vehicle-industry/report-sample

In the country, the decline in EV sales was the largest in February, with car sales dropping to 16,000 units, and recording a fall of nearly 60% from the number recorded in February 2019. However, the sales picked up sharply during April and reached nearly 80% of the April 2019 number. Furthermore, the sales of plug-in cars were down by 32% in May 2020 in comparison to the previous year.

It is expected that the Chinese EV industry will see an overall fall of 14% in 2020. The COVID-19 impact on the EV industry in the U.S. has been quite severe. The lockdown measures have been hugely unsuccessful in controlling the spread of the virus, and thus, the demand for electric vehicles fell steeply in 2020.

Enhancing Crop Health: Exploring the Agricultural Micronutrients Market

The total value of the global agricultural micronutrient market was USD 4,321.9 million in 2022, and it will rise at a growth rate of above 8.5% shortly, reaching USD 8,322.1 million by 2030, according to P&S Intelligence.

This growth can be ascribed to the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals and proteins, helps in the growth of roots. It also advances the immunity of the vegetable. In the coming few years, all of these reasons will quicken market development.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/agricultural-micronutrients-market/report-sample

Plants are autotrophic creatures that have the capability to utilize solar power to synthesize important components for their development and growth from water, macronutrients, and carbon dioxide. The low quantity of nutrients can disturb the metabolic and physiological procedures of harvests, thus disturbing their development.

Analyses and reports by the FAO have stated that the recurrent mineral stripping because of routine crop creation has contributed to the making of a net micronutrient disparity in the soil arrangement.

In 2022, worldwide, APAC led the agricultural micronutrient market, with above 50% share. This development can be credited to improved application in nations like China and India. Steps by governments and agrochemical builders in such nations are probable to make awareness and expand product acceptance among the local farmers.

In consistency to the same, several subdivisions of the government of India have introduced several guidelines, like grants on stimulated seeds initiation of SHCs, and regulation of contract agriculture. In the long run, such reasons are expected to boost the demand in the region.

Hence, the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals and proteins, helps in the growth of roots, such factors are propelling the agricultural micronutrient market.

Electrifying the Commercial Sector: Exploring the Electric Commercial Vehicle Market

The electric commercial vehicle market has captured $68.9 billion revenue in 2022, and it is projected to generate $814.8 billion revenue in 2030, rising at a rate of 36.2% from 2022 to 2030, according to P&S Intelligence. The electric commercial vehicle market has captured $68.9 billion revenue in 2022, and it is projected to generate $814.8 billion revenue in 2030, rising at a rate of 36.2% from 2022 to 2030, according to P&S Intelligence.

Declining Costs Boost Adoption of Commercial EVs
The decreasing cost and rising operational efficiency of batteries and the long-term cost benefits of EVs for fleet operators fuel the industry’s growth. Besides, the rising concerns over GHG emissions and surging government support, in the form of subsidies and grants, for such vehicles are projected to offer advantages to the industry in the near future.

Significant Commercial EV Traction in China and India

● Metropolitan cities in China are excessively polluted. Therefore, the government is taking strategic measures to reduce air pollution, such as implementing stringent emission norms and promoting electric vehicles in commercial fleets.
● In the same way, India has strengthened its focus on replacing conventional buses with electric ones. In this regard, Delhi Transport Corporation has set an example with its ambitious plans to have 8,000 battery electric buses by 2025.

Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/commercial-electric-vehicle-market/report-sample

Rising Environmental Concerns Prompting Governments to Encourage EVs
● In addition, numerous governments have announced a ban on the usage of traditional diesel-based commercial vehicles, to reduce carbon emissions.
● Moreover, since buses are key to urban transport systems and trucks to logistical operations, their electric variants are being promoted via purchase subsidies and other benefits for buyers.
● BEVs capture the largest industry share, of more than 60%, ascribed to the government incentives, subsidies, and other financial advantages to encourage the adoption of eco-friendly vehicles.

Operators’ Evolving Business Models Fueling Commercial EV Success
Companies are adopting new business models to reduce the high upfront costs of EVs. Many fleet operators are procuring e-buses in collaboration with city governments. Some operators are even adopting the battery swapping and leasing concepts, as a pre-installed battery makes an EV expensive.

Exploring the Growing Acetic Anhydride Market and its Wide Range of Applications

The global acetic anhydride market was valued at $3,476.1 million in 2019, and the market size is expected to grow at a CAGR of 2.3% during 2020–2030, ultimately reaching $4,950.4 million.

Based on application, the largest size in the acetic anhydride market in 2019 was attributed to the synthesizers category. This is credited to the high-volume consumption of the chemical to produce cellulose acetate. The demand for cellulose acetate is increasing due to its usage in the automotive and plastics sectors. To meet the surging requirement for cellulose acetate from these sectors, the consumption of the chemical compound in the production of cellulose acetate is predicted to rise.

The APAC region generated the highest revenue in the market in 2019, and this trend will continue during the upcoming years as well. This can be majorly credited to the rising production of cellulose acetate, which requires the compound as a synthesizer. There is rapid growth in the demand for cellulose acetate because of its use in plastic manufacturing. Tows, cigarettes, and textile fibers are widely used throughout the world. Around the world, China is the largest consumer and producer of cigarettes.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/acetic-anhydride-market/report-sample

There has been significant growth in the number of geriatric patients worldwide, and it is propelling the advance of the industry. The WHO states that by 2030, 1 in 6 people will be aged 60 years or above. The rise in the aging population is propelling the consumption of painkillers, because of which the demand for the compound is observing a rise. To meet the demand for generic drugs, including aspirin, the consumption of the compound will increase, thus encouraging the growth of the acetic anhydride market globally.

Illuminating the Future: Exploring the Solar Street Lighting Market and Its Benefits

The development of smart cities and reduction in the prices of solar street lighting solutions will increase the value of the solar street lighting market from $5.7 billion in 2019 to $14.6 billion by 2030, at a 9.4% CAGR during 2020–2030 (forecast period). Other factors contributing to the growth include the rapid infrastructure development and shift to solar power for sustainable and reliable lighting. Moreover, the fast-paced urbanization in developing countries is generating numerous opportunities for the market to grow.

Governments across the globe are developing smart cities that will deploy solar street lights in large numbers, thus amplifying the solar street lighting market size. India, Saudi Arabia, China, South Korea, and the U.S. are home to numerous smart cities, and more of these are under development. These countries are constructing such cities for enhancing the standard of living and conserving the precious resources. For instance, South Korea, in September 2018, signed a letter of intent with Malaysia to construct a smart city in Kota Kinabalu in Sabah.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/solar-street-lighting-market/report-sample

The component segment of the solar street lighting market is divided into lamp, solar panel, battery, and controller. Under this segment, the solar panel division generated the highest revenue in 2019, and it is expected to maintain its dominance during the forecast period. Solar panels are a quintessential component of a solar lighting system, and they are relatively costlier than other components. These panels offer electricity to charge the battery in daylight, which illuminates the lamps attached to them in less or no sunlight.

The solar street lighting market is dominated by Koninklijke Philips N.V., Sunna Design SA, Bridgelux Inc., and SolarOne Solutions Inc. because of the premium-quality products provided by these companies. Other players in the market include Azuri Technologies Ltd., FlexSol Solutions B.V., Eaton Corporation Inc., Leadsun Inc., Su-Kam Power Systems Ltd., Sunna Design SA, Solar Lighting International Inc., BISOL Group d.o.o., Orion Energy Systems Inc., and Zhuhai Bomin Solar Technology Co. Ltd.

Exploring the Medical Adhesives Market: Uses, Trends, and Market Outlook

While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once.

High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once. High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.

Moreover, adhesives are excellent for skin and suture applications, others are perfect for attaching a wide range of substrate surfaces, such as metals, plastics, and rubbers. Medical-grade adhesives can be divided into one- or two-part epoxy systems, with each having a unique curing response. Medical adhesives are frequently used in applications such as labeling electrodes, implanted devices, catheters, and surgical tools.

The demand for medical adhesives was significantly impacted by COVID-19, particularly in China, the U.S., Spain, Germany, Italy, and other western European nations. Nevertheless, the demand for medical adhesives is benefiting from the surge in demand for personal protective equipment, masks, blood and saline tubes, and syringes.

Due to the rising number of patients needing long-term chronic care therapy, procedures, and drug delivery, there is an increased need for disposable medical equipment, supplies, and other items. The demand for medical devices has increased as a result of healthcare organizations, such as outpatient facilities and hospitals, placing an increased emphasis on infection control and safety measures.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/medical-adhesives-market-report/report-sample

Advantages Adhesives for Medical Devices

There are several alternatives for pressure-sensitive, non-structural, and structural adhesives available today. There are several benefits to employing adhesives rather than mechanical fasteners.

• For prolonged therapeutic usage, medical adhesives are light, plush, and pleasant enough
• Medical foam tapes are made with strong materials in appealing colors
• In comparison to films and nonwoven tapes, polyethylene foam tape is soft, pleasant, and reasonably priced when applied close to the skin

Adhesives provide extra advantages in the medical sector. Medical adhesives are already built to comply with FDA regulations for labeling, digital tracking, and durability rub testing. In addition, certain adhesives have UL certifications and are approved for use with particular printing processes and inks. These characteristics significantly reduce the amount of guessing involved in choosing materials that meet your needs and industry standards.

Exploring the Dynamics of the India EV Battery Swapping Market: Advantages and Growth Factors

The Indian EV battery swapping market was valued at USD 10.2 million in 2022, and this number is expected to reach USD 61.57 million by 2030, advancing at a CAGR of 25.20% during 2022–2030, according to P&S Intelligence. This can be credited to the decreased upfront prices for electrical vehicles and no wait time for charging.

In 2022, the three-wheeler category generated the gigantic revenue share of approximately 90%. The battery swapping method advances the lifespan of the battery of e-three-wheelers. Mainly because such vehicles travel above 100 km on daily basis on average, demanding regular battery swapping.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market/report-sample

In 2022, the subscription model category had the considerable revenue share in the market. E-buses commonly have decided routes and stoppage, because of this, drivers know how many miles they travel daily and choose the subscription model.

In 2022, Uttar Pradesh generated the largest revenue share in the Indian EV battery swapping market. This can be credited to the fact that this state is the biggest market for e-two-wheelers in the country. The utilization of e-scooters and motorcycles is increasing throughout the state, mainly in tier-2 and tier-3 cities.

in 2022, Delhi is projected to have a considerable revenue share in the industry, because of the existence of a top e-three-wheelers market in the state. In 2021, the state reported for a substantial share of electric three-wheeler sales in the country. E-rickshaw sales have amplified since 2013 because the overall result of high vehicle usage, rising population and high volume of travel.

About P&S Intelligence

P&S Intelligence is a market research and consulting firm shaping growth strategies for enterprises with a global as well as niche presence. We specialize in both syndicate and custom market research, creating insight-laden reports that allow customers to stay ahead at every curve. Our clients range from multi-billion-dollar behemoths across industries to up and coming MSMEs and startups. Moreover, with our new offering, government and public sector advisory services, we continue to trudge ahead in our quest for revolutionizing the way economies shape themselves in these ever-changing times.

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: LinkedIn Twitter

Exploring the Dynamics of the Organic Fertilizers Market: Benefits and Growth Factors

The value of the organic fertilizers market was USD 5,864 million in 2022, and it is will advance at a CAGR of 12.1% in the years to come, to reach USD 14,622 million by 2030, as per a market research company, P&S Intelligence.

Moreover, the requirement for cereals & grains is also increasing since they can be effortlessly produced and gives high yields.

Furthermore, fertilizers produced from bone meal, animal waste, and blood meal, are rich in phosphorous, potassium, and nitrogen, which are the main nutrients desirable by plants. So, because of above benefits of animal-based fertilizers, their use is quickly surging.

APAC had a significant growth in the organic fertilizers market, and will remain the same in the years to come. This growth is mostly credited to the increasing health consciousness amongst the broad cultivation land, customers, increasing population & growth of per capita income, and improved mechanization and irrigation competences.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/organic-fertilizers-market-report/report-sample

Europe will grow significantly in the years to come, since it has the largest organic arable land, in excess of 17 million hectares.

Recently, the land under organic farming has grown enormously across numerous regions globally, owing to numerous indirect and direct factors. The growing investments private and public players in contemporary agricultural methods and the increasing demand for organic products because of their perceived health benefits and the low chemical leaching throughout their production. These factors have also brought about in their premium pricing and higher interest amongst farmers because of greater margins.

Transforming the Construction Industry: Exploring the Dynamics of the Construction Chemicals Market

With the increasing urbanization rate, especially in developing countries such as India, South Africa, Brazil, and China, on account of the rapid migration of people from rural areas to urban areas for better employment opportunities and a higher standard of life, the demand for construction chemicals is surging sharply. This is attributed to the fact that the soaring population of people in urban areas is positively impacting the demand for new buildings, offices, and factories, which is, in turn, fueling the launch of many large-scale construction projects.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/construction-chemicals-market/report-sample

Additionally, the rapid construction of green buildings, on account of the increasing concerns being raised over the escalating pollution levels and the burgeoning requirement for energy conservation in buildings, is also driving the sales of construction chemicals, thereby causing the expansion of the construction chemicals market. Moreover, green building materials can massively reduce the emission of harmful gases, which further boosts their popularity across the world. Additionally, these chemicals have the ability to improve the durability of buildings and provide protection against various environmental hazards.

Adhesives, protective coatings, concrete admixtures, sealants, asphalt modifiers, and others such as flooring chemicals and flame retardants are the most widely used types of construction chemicals across the world. Out of these, the demand for concrete admixtures was found to be the highest in 2017. This was because of the extensive use of admixtures, owing to their ability to reduce the cost of construction by modifying the traits of the hardened concrete. For instance, the addition of admixtures to water can reduce water requirement by 5–10%.

Thus, the demand for construction chemicals is certain to explode in the forthcoming years, primarily because of the increasing construction and infrastructural development activities, on account of the surging population of urban people, and rapid construction of green buildings across the world.