The globally increasing demand for logistics and transportation has opened several business opportunities for the fleet management solution. The report comprises of system components and technologies market growth for FMS. Rising fuel cost, requirement for operational efficiencies, increasing pollution issues, decreasing management system components and connectivity costs are the key drivers for this industry. See Full Report @ bit.ly/1nFHcE6
The global fleet management market is forecast to surpass US$ 11.5 Bn in 2021. As per Future Market Insights (FMI) analysis, the market will register steady growth at 10.4% CAGR between 2021 and 2031, as end-use industries around the world exhibit high demand to improve transportation network operations.
Mar 20, 2015- Mumbai, India: Bharatbook.com announces a report, on “World Buses Market Research Report: Bharat Book” The expansion of rail transportation networks around the world is also expected to moderate bus market growth.
CNG & LPG Vehicle Market report categorizes the global market by Fuel Type (CNG & LPG), Vehicle Type (Passenger Cars & Light Commercial Vehicles), and by Geography
Fleet Management Market categorizes the global By Component as Fleet Analytics, Telematics, Vehicle Tracking & Fleet Monitoring, Vendor Services & By Vehicles as Corporate Fleets, Trucks, Light Goods, Container Ships, Buses, Aircrafts & by Geography.
Global connected car market size was valued at $43,451.0 million in 2016, which is expected to reach $3,29,264.0 million by 2023, at a CAGR of over 30% during the forecast period. The connected car industry from recent past is showing a very promising landscape for the future growth of advanced car-embedded technology.
Automotive fuel cell market size was estimated at over 5,000 units in 2015, and is expected to grow at a CAGR of 12.7% from 2016 to 2023. Growing consciousness regarding harmful emissions from gasoline and conventional fuel vehicles is expected to drive the industry over the forecast period.
The increase in the number of vehicles globally with major boom from the emerging economies such as Asia-Pacific indicates the upcoming business opportunities for fleet management solutions. The environmental concerns, CO2 emission reduction norms, and fleet operators’ need for operational efficiencies are expected to serve as major drivers for the fleet management market. The hardware and connectivity costs are decreasing which is again supporting the growth of the adoption of FMS. Cloud-based fleet management software is surpassing the popularity of on-premise software.
Global Bus Market expected to grow at CAGR of 7.38% during period 2017 – 2022. Many manufacturing companies are dedicated in developing electric hybrid buses, with major focus to reduce cost and increase efficiency.
The global Bus market is forecast to reach $55.2 billion by 2026, growing at CAGR 6.7% from 2021 to 2026. Buses are most preferred mode of public transportation by many people in day to day life.
The global electric bus charging station market is predicted to advance at a CAGR of 9.7% from 2018 to 2025 and generate a revenue of $12.3 billion in 2025. The key factors fueling the expansion of the market are the increasing implementation of various government regulations and initiatives in many countries, the rising deployment of electric buses in public transport fleets, and the soaring investments being made in the development of electric bus charging stations all over the world.
From valuing $13.3 million in 2018, the U.K. electric bus charging station market is expected to garner $95.5 million in revenue by 2025, registering a 30.7% CAGR during the forecast period (2019–2025). The major factors having a positive influence on the market are the inclusion of electric buses in public fleet and the increase in government initiatives in popularizing these buses and providing the required infrastructure. Charging stations, also known as electric recharging points that are used to recharge an electric bus’s batteries are termed as electric bus charging stations.
The global market for Electric Bus is forecast to reach $10.2 billion by 2026, growing at CAGR 15.7% from 2021 to 2026. Buses are most preferred mode of public transportation by many people in day to day life.
The global Bus market is forecast to reach $55.2 billion by 2026, growing at CAGR 6.7% from 2021 to 2026. Buses are most preferred mode of public transportation by many people in day to day life.
The Qatar Tire Market is projected to grow at a CAGR of around 12% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by rapidly improving living standards & disposable income of people, coupled with their growing inclination toward privately owning vehicles, which, in turn, is demonstrating a swift escalation in the vehicle fleet. As a result, the demand for tires is accelerating across the country and driving the market.
Global Automated Passenger Counting System Market By Technology (Infrared, Stereoscopic Vision, Time-of-Flight, IP cameras), By Application (Railways, Roadways, Airways), By End-users (Buses, Trains, Ferry Boats) - Forecast 2022
The electric bus sales trajectory has been on a rise for the last few years on account of rapid addition to the fleets of large organizations like airports, schools, public transit, etc. In addition, these buses provide several operational, community, and utility benefits, including increased fuel savings, cost efficiency, reliability, safety, sustainability, smoother ride experience, and similar downtime to other technologies.
Global automotive prognostics market size is expected to reach $14.35 Bn by 2028 at a rate of 14.6%, segmented as by component, hardware, software, services
This dramatic change in habits shows the median used car price in Canada at $17,995, which is a 4.8% decrease on last year and a 4.7 per cent decrease from May to June. The price of new cars has also gone down by 0.1% on last year’s figures to $39,075.
Electric Bus Market by Propulsion Type (BEV, PHEV, and FCEV), Application (Intercity and Intra-city), Consumer Segment (Fleet Operators and Government), Range, Length of Bus, Power Output, Battery Capacity, Component, and Region - Global Forecast to 2027
Solar Vehicle Market is estimated to expand at over 12% CAGR from 2023-2032. With strong focus on reducing carbon emissions and mitigating climate change, a multitude of governments, businesses, and consumers are actively seeking sustainable transportation solutions. Furthermore, the introduction of electric cars integrated with solar charging features for enhancing the overall efficiency and sustainability is significantly increasing for catering to the environmentally conscious consumers. For instance, in March 2023, Tesla announced plans to provide a new solar power charging function in its app for allowing users to charge their vehicles with extra solar power. With numerous automakers continuing to invest in advancing solar-charging technologies, the market is set to exhibit steady growth.
Covid-19 Analysis on Automated Passenger Counting System Market By Technology (Infrared, Stereoscopic Vision, Time-of-Flight, IP cameras), By Application (Railways, Roadways, Airways), By End-users (Buses, Trains, Ferry Boats) - Forecast 2022
The global Battery Electric Bus (BEB) market size was estimated at USD 41.8 billion in 2023 and is projected to reach USD 332.8 billion in 2030 at a CAGR of 34.5% during the forecast period 2023-2030.
Global Automated Passenger Counting System Market, By Technology (Infrared, Stereoscopic Vision, Time-of-Flight, IP cameras), By Application (Railways, Roadways, Airways), By End-users (Buses, Trains, Ferry Boats) - Forecast 2022
The increasing need for cost-effective, eco-friendly transportation options in Asia Pacific will work as a key driver behind BEV market growth. Recently, the government of Japan unveiled subsides for green vehicles such as BEVs, fuel cell electric vehicles, and others to incentivize customers to make their next car an EV.
The requirement for electric buses is increasing as a result of actions and measures being taken by governments across Europe to reduce pollution. According to WHO data, air pollution causes up to 100,000 fatalities annually in Europe, reducing life expectancy by an average of one year. Because of the risks associated with air pollution, governments in both developed and developing nations are working to reduce this threat. By pledging to electrify their bus fleets, governments from several countries have started reforms in public transportation networks.
The rising demand for autonomous driving technologies and advanced driver assistance systems is one of the major factors driving market trends. The surge in the adoption of ADAS features, such as adaptive cruise control, lane departure warning, and collision avoidance systems, has fueled the demand for automotive hypervisors.
The Global Intelligent Roadways Transportation Management Systems Market is likely to surge ahead with a CAGR of 10.32% over the forecast years from 2023-2030.
The Global Automotive Telematics Market is expected to advance with a CAGR of 16.06% during the forecast period 2023 to 2030. Request a Free Sample Report.
Hydrogen Fuel Cell Bus Fleets POLICY DESCRIPTION #1 The use of hydrogen as a vehicle fuel: For the short term diminishes our reliance on imported oil and ensures a ...
The Global Intelligent Roadways Transportation Management Systems Market is likely to surge ahead with a CAGR of 10.32% over the forecast years from 2023-2030.
The global commercial vehicles market was valued at $1665.7 billion in 2017. Asia Pacific was the largest geographic region accounting for $628.8 billion or 37.75% of the global market. Get A Sample @ http://bit.ly/2Bv7xQm
The commercial vehicles manufacturing market size is expected to increase by 2022, significantly growing at a CAGR of around 7.5% during the forecast period.
Fuel Cell System and Fuel Cell Bus Cost. Fuel Cell System and Hybrid Fuel Cell ... Sponsored by EPAct and Clean Cities. Safely operate alternative fuel vehicles ...
Global electric vehicle charging system market is growing at a CAGR of 44.15%, and is anticipated to reach $81.30 billion by 2028. Get Free Sample Report.
Indian Automotive CNG & LPG kit Market has reached USD 5.15 Million units in 2019 and is projected to expand with a growth rate of 7.77%, in Volume terms, during 2020 to 2026. The market is expected to generate a revenue of USD 8.68 million units by 2026. With a large number of Indian cities embarking for cleaner fuel, CNG is gaining momentum in the Indian automotive market. The use of CNG/LPG kit in the transportation sector is primarily driven by the environmental and public health imperatives. CNG & LPG gas supply and infrastructure costs are generally lower than other alternative non-blended fuels. The cost of bulk CNG & LPG supplied to the service stations is generally lower on an energy-content basis than for gasoline.
Automated Passenger Counting System Market with COVID-19 Impact, by Technology (IR, ToF, Stereoscopic Vision), Passenger Information System Market by Type (Display System, Mobile Applications), Application and Region - Global Forecast to 2025
This growth is mainly due to sustainable government regulations. China is leading the way as the largest electric commercial vehicle producer and market, expected to grow at a CAGR of 13.52% during the forecast period.
... to reverse US's growing dependence on foreign oil ... President George Bush Signs the Energy Policy Act of 2005 [ 16 ] California Hydrogen Highway ...
Automotive Operating Systems Market is likely to witness an impressive CAGR of 14.6% during the forecast period. Increasing availability of smart vehicle infotainment systems and growing use of connected cars are expected to drive the market growth. Also, the growing popularity of autonomous vehicles has spiked up substantially, bringing automotive operating systems into the mainstream, accelerating the overall growth of the market.
Marketreportsonrussia.com presents a report on “Actual Consumption of Gear Oils by the Russian Vehicle Fleet”This approach makes the report one of a kind on the gear oil market since it provides the most accurate understanding of the volume and pattern of gear oil consumption in Russia.
A MAN A MISS. A CAR A CURVE. HE KISSED THE MISS. AND MISSED THE CURVE. BURMA-SHAVE ... Brand 'A' car with no options = $12,000. Brand 'B' car with no options ...
A fund of $4,371.6 million was allocated by the Italian government to convert the bus fleet in its major urban and semi-urban pockets to those running on new energy, such as electricity. The investment for the period between 2019 and 2033 has been provided considering the strong need to reduce the emission of greenhouse gases (GHG) and other toxic gases from vehicles, as they are the primary culprit in the quickly degrading air quality in the country. Additionally, the national government submitted a proposal on an integrated energy and climate plan to the European Union in 2018, which puts a special emphasis on low- or no-emission transport.
According to Goldstein Research, global bus market is expected to reach USD 60.62 billion by 2024, growing at a CAGR of 7.90% over the forecast period 2016-2024. The huge population mainly in the developing regions is being facilitated by growing investments in public transportation by the government in order to reduce the number of private vehicles on road and the pollution levels are thus driving the global bus market.
The global Automated Passenger Counting and Information System Market size is expected to reach USD 12.5 billion by 2027 from USD 8.0 billion in 2022, at a CAGR of 9.4%.