Friday, November 15, 2019

Landscape Of The Global Electric Bicycles Market Outlook: Ken Research

Electric Bicycles Market: - Undoubtedly, around the globe, the requirement for the electric bicycle has increased at a wide scale as it delivers pedal assistance to the riders. The attractiveness of the electric bicycle is growing owing to the increasing modernization and an increasing number of vehicular traffic on the streets. The Electric bicycles are now being consisted of a viable transportation option owing to its power volume, long-distance variety, and moderate speed.
Global Electric Bicycles Market
A few of the other causes that support in growing the requirement for the electric bike are increasing fuel costs and supportive government ingenuities. In addition, the health-conscious individual is also selecting an electric bike, as it will support in decreasing the harmful gasses probable another vehicle that functions on petrol and diesel. For instance, the electric bikes are very expensive and underdeveloped regions do not have effective surroundings for such bicycles to which might restrict the market growth of electric bicycles.
According to the report, ‘Global Electric Bicycles Market’ states that in the global electric bicycle market, there are large players and small which presently functioning more positively for leading the fastest market growth and registering the high value of market share around the globe throughout the short span of time while advancing the technologies of production, delivering the effective satisfaction, decreasing the price of the item and adopting the strategies of generating a high amount of revenue include AIMA, Yadea, Sunra, TAILG, Lvyuan, BYVIN, Incalcu, Lvjia, Lima, Bodo, OPAI, XiaodaoEbike, Birdie Electric, BDFSD, Gamma, Mingjia, Qianxi Vehicle, Zuboo, Lvneng, Aucma EV, Giant EV, Palla, Forever, Emmelle, Yamaha, Songi, Hero Electric, Accell Group, Terra Motor, Govecs, Gazelle and several others.
In addition, an electric bicycle also acknowledged as an e-bike or booster bike is a bicycle with an assimilated electric motor that can be effectively utilized for the propulsion. China is the overriding player in the global electric bicycle market. In 2015, China retailed 14856 K Units of an electric bicycle, which registered for 86.94% of the global market. The USA and Europe are also significant markets for electric bicycles, where the product manufactured there are frequently high-end products.
Furthermore, the Electric bicycles are a disjointed industry with a conclusion of constructers vacillating from the large multinational corporations to small privately maintained corporations. The top six introducers register for objective 32.60% of the market. The global market for Electric Bicycles is projected to augment at a CAGR of roughly 4.3% over the next five years, will reach 10600 million USD in 2024, from 8220 million USD in 2019.
Customers’ demographic advantages contrast a lot among dissimilar provinces. Drivers from North America and Europe tend to see electric scooters and motorcycle more like a lifestyle or style choice (being green and fitness workout), while those from the Asia Pacific, Middle East, Africa, and Latin America utilize the electric two-wheelers more as a concrete transportation means. Therefore, in the coming years, it is anticipated that the market of electric bicycles will increase across the globe more significantly over the near future.
Market Segment by Manufacturers, this report covers
AIMA
Yadea
Sunra
TAILG
Lvyuan
BYVIN
Incalcu
Lvjia
Lima
Bodo
OPAI
Xiaodao Ebike
Birdie Electric
BDFSD
Gamma
Mingjia
Qianxi Vehicle
Zuboo
Lvneng
Aucma EV
Giant EV
Palla
Forever
Emmelle
Yamaha
Songi
Hero Electric
Accell Group
Terra Motor
Govecs
Gazelle
Market Segment by Regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia etc
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
 Market Segment by Type, covers
Brush Electric Bicycle
Brushless Electric Bicycle
Market Segment by Applications can be divided into
Age
Age 20-40
Age >40
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Ankur Gupta, Head Marketing & Communications
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Increase in Demand for Fabricated Products Expected to Drive World 3-Axis Vertical Machining Centers 2019 Market over the Forecast Period: Ken Research

Vertical Machining relies on rotary cutters to eliminate metal from a work piece. It is also known as milling. Vertical machining occurs on vertical machining center (VMC), which employs a shaft with a vertical orientation. With an upright oriented shaft, apparatuses stick straight down from tool holder, and frequently cut across the top of a work piece. In 3-axis Vertical Machining, work piece remains still while cutting tool moves along the 3 axes to mill the part. It is one of the most widely used techniques to form mechanical parts, and can be used for automatic or interactive operation such as drilling holes, milling slots, and cutting sharp edges. 3-axis vertical machining operates on the 3 axes, thus it’s relatively simple and permits material to be removed in the 3 axes represented by side to side, back to front, and up and down.

According to study, “World 3-axis Vertical Machining Centers 2019 Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world 3-axis vertical machining centers 2019 market are GFMS, Chiron, Hermle, DMG MORI Co. Ltd., Mazak, SPINNER, Makino, Alzmetall, Okuma Corp., MECAL, JTEKT, Hardinge, STAMA, FOM Industries, Fadal, CB Ferrari, Emmegi, Schaublin, Haas Automation Inc., YCM, FIDIA, Accuway, Hurco, SMTCL, AWEA, Hanland, JFMT, RIFA, DMTG, BYJC. Key vendors have been subjecting their products to substantial technological disruptions with an integration of modern technologies for instance Non-Uniform Rational Basis Spline (NURBS) which can produce various shapes ranging from 2D line and arc or curve to complex 3D organic free-form surfaces & solids and provides improved control over cutting and other operations in each axis.

Based on product type, 3-axis vertical machining centers market is segmented into high speed type and low speed type. In addition, based on end-use industry, market is segmented into machinery manufacturing industry, aerospace manufacturing industry, vehicle engineering industry and others. Vehicle engineering industry holds major share in market owing to rise in need for high precision in the production process.

The3-axis vertical machining centers market is driven by rise in vehicle sophistication, followed by upgrade in emission standards, rise in demand for CNC-incorporated machine tools, increase in demand for fabricated products and growth in investments in autonomous & electric vehicles manufacturing. However, refurbished vertical machining centers, stringent regulatory framework and availability of horizontal machining centers may impact the market. Moreover, rise in adoption of advanced manufacturing technologies is a major opportunity for market.

Based on geography, USA and EU regions holds major share in 3-axis vertical machining centers market owing to presence of large manufacturers and increase in investments in automotive manufacturing in the regions. China country is estimated to witness higher growth rate due to rise in population, growth in economy and increase in disposable income of consumers over the forecast period. It is expected that future of the market will be optimistic on account of growth in development of advanced manufacturing processes during the forecast period. The worldwide market is projected to grow at a CAGR of approximately 1.0% over the next five years, will reach US $6200 million by 2024, from US $5830 million in 2019.

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India Self Drive Car Rental Market Research Report And Market Forecast: Ken Research


What is the Current Potential of The India Self Drive Car Rental Market?
The market of India Self Drive Market stands at a GTV of INR ~ Crore in FY’2019 in comparison to INR ~ Crore in FY’2014, showcasing a CAGR of ~. Similarly, On the basis of Fleet Size, the India Self Drive Car Rental Market is reported at ~ cars as of March 31st 2019 in comparison to only ~ cars as of March 31st 2014, witnessing a CAGR of ~. The market dynamics in self drive car rental industry has drastically changed over the years and this shift can be primarily subjected to the fact that organized players have penetrated the market and acquired a significant proportion of market share. Lured by the favorable opportunities in this market, new players have also emerged into this segment which has driven the market revenues in terms of gross transaction value during FY’2019. The car fleet is further supposed to increase in the future as a lot of EV is entering the Indian market, and government is also looking forward to minimizing these emissions.

Metropolitan cities in India are witnessing a major surge in young, urban population, looking for swift and reliable modes of transport to complement their fast-paced lifestyles. This is the main reason for growth in the self drive segment of Indian car rental industry, as people are trying to sustain their future by not spending lavishly on themselves, but without compromising on the need of their present. Entry of international players such as MyChoize and Avis is also helping the market to grow as they were able to provide a sense of reliability and Sustainability.


FY’2016 saw the entry of many Venture capitalist firms and Private Equity funds, which were able to assess the capability of Self Drive Market of India and started Investing heavily in the players of the market. The fresh rounds of capitals have helped the existing players develop new competencies in the areas of operations and customer services, which is helping in building customer value and retaining them.

What Is the Competition Scenario In the India Self Drive Car Rental Market?
The Self Drive Car Rental market in India is in its Growth stage. The market is currently less than 6 years old as first operations which were established by companies such as Myles in FY’2014, did not provided the market with the much needed growth. Entry of players such as Zoomcar, JustRideIt, Avis and Revv helped the market to grow and helped to shape the industry up. These companies were followed by other players such as Jiffy Cars, Zip Caars, Eco Rent a car and an international expansion of a Japanese firm ORIX called MyChoize.

The major problem that the market faced was of Investment opportunities’ which was solved by groups of Venture capitals and Private Equity fund Owners, who were keen on Investing monies in Startups as there was a lot of growth opportunities’ in India.
The overall market is very competitive as of now and there is a lack of any particular USP or special services and products, provided by any players in the market. These market players compete on the basis of Fleet size, Number of Pick up Points, Car Portfolio, Custom services provided, after sale services, Complementary services, Area of Operations.

Indian Self Drive Car Rental Market Future Outlook and Projections
In future, it is anticipated that India Self Drive Car Rental Market in terms of GTV and Fleet size will increase at a positive CAGR during the forecast period FY’2019–FY’2024 due to increased number of organized players and high value of fresh investments acquired by the companies. In addition, the increase in the personal disposable income and the development of Tourism sector of India provides positive outlook for the future of the market. The implementation of the government actions such as making India a Zero emission zone by 2030 will also help the market to grow and the government will also be looking forward to make amendments in already existing laws to provide a separate legal status to the Industry. All this coupled with the rising demand for self drive car from the corporate offices and service professionals will maintain the growing trend of the self Drive cars in India.

Key Segments Covered:-
GTV
Organized Sector
By Cities of India (Bangalore, Delhi Mumbai and Others)

Unorganized Sector
Number of Bookings
By Booking Channel (Mobile, Online and Physical)
By Booking Package (Hourly, Daily, Weekly and Monthly)
By Usage (Intercity and Intracity)
By Booking Period (Weekends and Weekdays)

Fleet Size
Organized Sector
By Types of Cars (Hatchback, Sedan, SUV+MUV)
By Segment of Cars (Standard and Luxury)
By Status of Ownership (Owned and Leased)
Unorganized Sector

Key Target Audience:-
Startups and Private car Owners
Offline Dealers
Online Self Driving Car Rental Portals
Organized Multi Brands Dealers
OEM Certified Dealerships
Corporate Clients
Private Equity and Venture Capitalist Firms
Industry Associations
OEM Manufacturers
Automotive Manufacturers
EV Service Provides
Hotel Chains
Airport Authorities
Car Auction Companies

Time Period Captured in the Report:-
Historical Period – FY’2014-FY’2019
Forecast Period - FY’2019-FY’2024

Major Companies Covered:-
Zoomcar
Drivezy
Revv
Myles
Avis India
MyChoize (ORIX)
Eco Rent a Car
Zip Cars
Jiffy Cars
Voler Cars

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Ankur Gupta, Head Marketing & Communications
+91-9015378249

Australia Car Leasing and Rental Market is Driven by Growing Inbound Tourists, High Corporate Fleet Requirement and Rising Number of SMEs: Ken Research

“Low Australian dollar (AUD) exchange rate, rising number of millennial and growing tourism are some of the key factors that will collectively drive the growth within Australia Car Leasing and Rental Market”
Analysts at Ken Research within their latest publication Australia Car Leasing and Rental Market Outlook to 2023 - By Type of Car, By Region, By End User, By Rental Booking Purpose, By Rental Booking Mode and Ride Hailing Market- By Type of Ride, By Hailing Purpose and By State” believe that the market is expected to register positive growth at CAGR of 1.6% in terms of operating leasing revenue; 1.8% in terms of fleet size in car rental segment, 3.3% in terms of rental revenue; and 10.6% in terms of fleet size in ride-hailing segment and lastly, 11.5% in terms of ride-hailing revenue during the forecasted period 2019-2023.
Australia Car Rental Industry
Growing Workforce: The working professionals primarily drive the demand for car leasing, rental, and ride-hailing in Australia. The working population of Australia grew at a CAGR of 1.5% during the period 2013-2018. In terms of individual demand, Sedan and SUVs are the most preferable category.
Increasing Number of Establishments: SMEs and Corporates are the major users of the car rental and leasing services in Australia. They tend to require cars for long term use which they procure through leasing. Additionally, they require cars for company trips and site visits which they source through car rental. The total number of Small and Medium establishments in Australia grew at a CAGR of 2.4% during the period 2013-2018, stimulated by the expansion of end-user industries as well as the entry of new industrial players in the country during the period.
Tourism Industry: The demand for car rental in Australia has enhanced in the past few years with the rise in inbound and domestic tourist arrivals. The Tourism 2020 plan launched by Tourism Australia with the aim of improving tourism conditions and achieving more than AUD 115 billion in tourist overnight spend and the falling value of the Australian Dollar was, in particular, the main reason behind the rise in car rentals. Inbound tourists in Australia grew at a CAGR of 7.4% over the period 2013-2018.
The car rental and leasing market of Australia is currently on the verge of reaching Maturity in its growth. The market houses approximately 1,200 players overall with majorly 5-6 national operators, while the rest operate within cities and have localized presence. The competition in the industry is divided between national operators and regional operators with service offerings differing from one operator to another. National operators include Avis, Budget, and Hertz, Thrifty and Europcar and others. Also, national operators have a large chunk of their stores and locations at airports, where the majority of the demand arises from inbound tourists. They derive the right to operate at airports by primarily obtaining concessions.
Key Segments Covered in Australia Car Rental and Leasing Market
Australia Car Leasing Market
By Type of Car
Ute
Sedan
SUV
Luxury
By Region
New South Wales
Victoria
Queensland
Western Australia
Other States (Tasmania and South Australia)
By End-User
Mining
Construction and Engineering
Government
Telecommunications
Others (Logistics and Utility Industry)
Australia Car Rental Market
By Type of Car
SUV
Ute and LCVs
Sedans
By Rental Purpose
Leisure
Business
By Booking Mode
Online
Offline
Australia Ride-Hailing Market
By Type of Ride
Sedan / Economy / Mini
SUV and Ute
Luxury
By Hailing Purpose
Airport
Leisure
Office
By State
New South Wales
Victoria
Queensland
Western Australia
Other States (Tasmania and South Australia)
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2023
Key Target Audience
Car Rental Companies
Fleet Management Organizations
Cab Aggregators or Ride-Sharing Companies
Car Sharing Companies
Car Dealers
Consumer Finance Organizations
Automobile and Mobility Organizations
End-User Industries
Companies Covered:-
Car Leasing Companies
LeasePlan Australia
Eclipx Group
SG Fleet
Custom Fleet
Toyota Fleet Management
ORIX
Summit Fleet
Car Rental Companies
Avis Australia
Hertz Australia
Budget Australia
Thrifty Australia
Europcar Australia
Cab Aggregators
Uber
Ola
DiDi
GoCatch
Taxify (Bolt)
Key Topics Covered in the Report:-
Car Sharing Market in Australia
Passenger car rental and hire in Australia
Fleet market size Australia
Ride-Sharing Market Australia
Ridesharing Companies in Australia
Australia Cab Sharing Market
Avis Australia Car Rentals Market Share
Budget Australia Car Rental Market Competitors
Inbound Tourists Market Growth in Australia
InterCity Travel in Australia
Melbourne Car Leasing Market Share
Uber Australia Market Share
Airport car rentals Brisbane
Thrifty car rental Sydney airport
Car Hire Sydney Airport
Sedan Car Rental Industry Sydney
Ola Market Share in Australia
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Contact Us:-Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249