Tuesday, August 30, 2022

Europe Autonomous Vehicle Market Size, Share and Industry Forecast 2030: Ken Research

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The Europe Autonomous Vehicle (AV) Market has grown significantly in the past few years as there is a huge demand over supply activities This report insights into the

Current market trends, revenues, shares, and Trend Outlook. It encloses the current

Scenarios of the market size in the industries. This report signifies the current practices done by some of the top grooming countries in the world. This report is analyzed based on its worldwide presence in the countries of Europe, where it holds a dominating position in the Autonomous Vehicle (AV) Market. It also imparts the current and future predictions along with the upcoming opportunities in the market and some of the consequences of COVID-19 on the Autonomous Vehicle market and some conclusions of the market at the end.

According to the research report, Europe Autonomous Vehicle (AV) Market 2020-2030 by Offering, Automation Level (Level 1 - Level 5), Vehicle Type, Power, ADAS Feature, Ownership, and Country: Trend Outlook and Growth Opportunity, says that the demand for Europe Autonomous Vehicle significantly depends on the Automobile Industry of some fastest developing countries. The advancement of automated technologies and many new upcoming initiatives are taken by the government of various countries and the growth opportunities lead to comprehensive research of the entire Europe autonomous vehicle market and give an in-depth analysis of the segmented market of Europe which includes the section Hardware, Software, and Services. Moreover, the fluctuating market growth due to some new steps have been taken by different governments in the world regarding the new standards for Autonomous vehicles. As there is high demand for Europe Autonomous vehicles in the market as they are capable to deliver the proper standard as per the norms.


In 2020, Europe Autonomous Vehicle Market was valued at USD Billion and the total generated revenue is expected to grow from 2020 to 2030, and is nearly growing at a

Significant height by the end of 2030 with a growth percentage of double-digit.

Some key players operating in the market include AUDI AG, Baidu, BMW Group,

Daimler AG, Delphi, FCA Italy S.p.A., Ford Motor Company, General Motors, MAN

SE, Nissan Motor Co. Ltd, Tesla, Inc., Toyota Motor Corporation, Volkswagen AG,

Volvo Group, Waymo LLC and Zoox Inc.

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The sudden impact of Europe Autonomous Vehicle is due to the change in the high initial investment in the various sectors including the Electric Cell, Fuel Cell, and Hybrid Vehicles in which certain modifications are done based on their ADAS system which consists of some major parts of Lane Assist (LA), Crash Warning System (CWS), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), Smart Park Assist (SPA). The Europe Autonomous Vehicle was trading at high USD as compared to the

previous, the difference creates price volatility, and the market is analyzed based on its worldwide presence and the sudden demand all over the world and Geographically, the national/local markets are fully investigated with countries like Germany, the UK, France, Spain, Italy, and the Rest of Europe (further segmented into Russia, Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland).

The spread of the COVID-19 pandemic helps the big market players implement some new approaches to their business evaluation. The factors that are responsible for the growth of the market are the health reasons which are the major concerns to the industries and the people as well from this spread there was a dip in the market after COVID-19 still, after that the Autonomous Vehicle industry gone through a steep curve of growth and create growth in the market.

However, Europe Autonomous Vehicle (AV) Market impacts the overall market of automobiles which creates the demand as well as the emerging trends, market drivers, growth opportunities, and restraints. There is a clear competitive analysis of the big

Market players who are taking the edge over the new technological advancements,

Price, and their demanding portfolio shows how the dynamic in the Europe Autonomous Vehicle (AV) Market. Moreover, the government policies are also attracting the key players to set up their new investments worldwide as per the government-issued policies, and this will going to create a huge impact on the market.

For More Information, Click on the Link Below:-

Europe Autonomous Vehicle Market: Ken Research

Related Reports:-

Asia Pacific Autonomous Vehicle (AV) Market 2020-2030 by Offering, Automation Level (Level 1 - Level 5), Vehicle Type, Power, ADAS Feature, Ownership, and Country: Trend Outlook and Growth Opportunity

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India Agritech Market, Industry Revenue, Sales, Market Outlook to 2025: Ken Research

 Agriculture plays a crucial role in the economic growth of some of the greatest nations in the India. With uninterruptedly increasing population and growing requirement of agricultural output to encounter the growing requirement, the investments in agriculture technology solutions have been increasing at an impressive pace in India.

According to the report analysis, ‘India Agritech Market Outlook to FY’2025-By Nature of Services (Input Market Linkage & Farming as a Service, Supply Chain, Post Harvest Management & Output Market Linkage, Precision Farming, Advisory & Analytics and Agri Fintech)states that the India Agritech Market is in early growth stage with growing awareness among farmers owing to growth in internet penetration and mobile connectivity.  Several agritech startups have entered the industry, particularly in the last 5 years, seeing the possible of the industry. Government impetus in the form of setting up incubators, grants and entering into the public-private partnerships with these players has also enthused entry of players in the sector. The sector is also observing high level of investment activity, with growing interest from venture capitalist firms and international investors. During 2020 alone, the investment in the segment crossed USD 300 million. The complete agritech industry observed a revenue growth of ~85% throughout FY’2019-FY’2020.

The India Agritech Market has existence of ~600-700 agritech startups as of 2020. Startups in the supply chain & output linkage sector involving Samunnati Agro, Ninjacart and Waycool register the industry on the basis of revenue during FY’2020. Startups in the precision farming, advisory & analytics sector are still in a nascent stage and face the challenge of monetization at scale. Cropin is the important player in the precision farming segment. Within the input market association and farming as a service sector, Agrostar was witnessed to be the leading player. The agri fintech space is presently lead by Samunnati’s NBFC arm and Origo Finance. Most players in the agritech industry compete on the basis of parameters likewise number of farmers on-boarded, partnerships, physical touch points, geographical existence, etc.

With the growth in efficient connection among farmers due to digitalization, the usage of state-of-the-art technologies likewise IoT and cloud would motivate farmers to adopt improved agricultural ecosystem. Surge in the number of agritech startups and growing penetration of sensor-based technologies are among the other aspects leading to the augment in these tech investments, and thereby propelling the aspect growth.

The industry is projected to observe a CAGR of ~32.0% on the basis of revenue by FY’2025. Increasing rural smartphone and internet penetration is predicted to underwrite to greater adoption agritech solutions in the country. ~410 million new smartphone users are predicted to be added to India’s present user base by 2025, without majority of the requirement coming from rural locations. Geographical enlargement to dissimilar states by agritech players is also predicted to be witnessed during the coming years. The entry of new players with the end-to-end solutions along the agribusiness value chain is predicted for the future.

India Agritech Market (Basis Revenue):-

India Agritech Market Segmentations

By Nature of Services, FY’2019-FY’2020 (On the basis of Revenue)

Input Market Linkage & Farming as a Service (FaaS)

Supply Chain, Post Harvest Management & Output Market Linkage

Precision Farming, Advisory & Analytics

Agri Fintech

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By Region (On the basis of No. of Agritech Startups)

Karnataka

Maharashtra

Delhi NCR

Haryana

Tamil Nadu

Telangana

Gujarat

Others

Agritech Startups Covered:-

Input Market Linkage & Farming as a Service (FaaS)

Agrostar

Dehaat

Gramophone

EM3 Agriservices

Gold Farm

Bighaat

Thanos Technologies

Supply Chain, Post Harvest Management & Output Market Linkage

Samunnati Agro

Ninjacart

Waycool

Arya Collateral

Dehaat

Farmlink

Crofarm

Agrowave

Precision Farming, Advisory & Analytics

Cropin

Satsure Analytics

Intello Labs

FarmERP

AgNext

BharatAgri

Yuktix Technologies

Fasal

Agricx

Agri Fintech

Samunnati Financial Intermediation & Services

Origo Finance

Ergos

Gramcover

Aryadhan Financial Solutions

Farmart

Jai Kisan

Poultry & Dairy Tech

Milk Mantra

Country Delight

Stellapps

Happy Cow Dairy

Eggoz

Mr. Milkman

Mooofarm

Key Target Audience:-

Agritech Companies

Input Manufacturing Companies

Venture Capital Firms

Independent Investors

Industry Associations

Rural Banks & NBFCs

Government and Regulatory Bodies

Time Period Captured in the Report:-

Historical Period: FY’2019-FY’2020

Forecast Period:  FY’2021-FY’2025

For more information on the research report, refer to below link:-

India Agritech Market

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Vietnam Agricultural Machinery Market Outlook To 2025 – Agriculture Tractor Market (By Type: 2W And 4W Tractors, By Power: Below 12 HP, 12HP-35HP, And Above 35HP, By Region: Central Highlands, North Central & Central Coast, Mekong Delta, Northern Midlands and Mountains, Red River Delta and South East), Combine Harvester Market, Rice Transplanters Market and Agriculture Implements Market (By Product Type: Rotavator, Plough, Harrow, Fertilizer Spreaders and Others)

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Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

What is Net Promoter Score (NPS)? - Ken Research

  What is Net Promoter Score (NPS)?

NPS, short for net promoter score, is the matric that companies utilize to measure the customer experience and satisfaction. The major advantage is that it presents how well you are functioning in the eyes of your consumers. What’s more, it enables you to benchmark yourself against your competitors and monitor how efficient your customer-facing decisions are.

How does it work?

Net promoter score is represented as a numerical score, which can vary anywhere from -100 to +100. When the consumers are provided a speedy survey to fill in, they can rate (on a scale of 0 to 10) how probably they are to recommend a brand, product or service to a friend or colleague.

Respondent whose feedback or responses average from 0 to 6 are measured to be ‘detractors’, who won’t encourage your company and may even talk about you negatively to their friends and colleague. But if they score an average of 9 to 10, then they are ‘promoter’ who are probable to be fantastic advocates for your product, brand or service.

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5 essential strategies to develop NPS



  • Associate with the detractors: There is a cause for the detractors to feel the manner they do about your product or service. Tap into them and understand what went mistaken in their experience with your brand. Conduct the root-cause analysis and generate a list of action items that will advance the customer experience immediately. Because the detractors feel so sturdily about what can be advanced, they can be an efficient source of empowering ideas. Keep in touch with your unsatisfied consumers and once you succeed in encountering their predictions, conduct net promoter survey.
  • Keep your promoters involved: While detractors require your immediate attention, even promoters require to be engaged as they are the ones who chose to be loyal to your brand. Their confidence comes with something amazing that you must have done to make their consumer experience unforgettable. Talk to them to understand what you did right and what can be enhanced. Promoters can assist you transform your product from good to prodigious. You can generate a customer loyalty program and reward your loyal consumers for continuing the relationship with you. You can also send them goodies and highlight their accomplished story as a case study.
  • Generate customer-centric teams: Everyone in the company, right from the procurement and manufacturing team to the customer assistance team, should keep customers’ interest in mind and work consequently. Improved customer experience advances the Net Promoter Score and the complete brand image of the company.
  • Make the brand promotion easy for consumers: It’s human to share bad experiences effortlessly but laze around when to sharing an astonishing experience. Make it rapid and calm for the customers to share their awesome experiences on the social media. Entrench links to social media in your surveys or propose the gift coupons and incentives for delivering the feedback. Involved customers are more probable to talk about their experience. So, keep the pulse alive with consumer communication, contests, surveys/polls, and, most prominently, answer their queries.
  • Associate NPS with CRM and business KPIs: See a bigger image of how even a minor development in the NPS score leads to decreased costs and better revenue. Analyse the NPS survey results in conjunction with your CRM data and track customer activity. Several leading survey companies like Ken Research proposes you the ability to participate your surveys with CRMs such as Microsoft Dynamics, and others. You can send a survey to your contacts straight from the CRM and view results on the dashboard. You can also view, equivalence, and filter historical data to understand the initiations that enhanced your Net Promoter Score.

Read Also –

Consumer Net Promoter Score Annual Report Help You Out Why Customer Feels Negative

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

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North America Autonomous Vehicle Market – Industry Trends and Forecast to 2030: Ken Research

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The North America Autonomous Vehicle (AV) Market has grown significantly in the past few years as there is a huge demand over supply activities this report insights into the current market trends, revenues, shares, and Trend Outlook. It encloses the current scenarios of the market size in the industries. This report signifies the current practices done by some of the top grooming countries in the world. This report is analyzed based on its worldwide presence in the countries of North America, where it holds a dominating position in the Autonomous Vehicle (AV) Market. It also imparts the current and future predictions along with the upcoming opportunities in the market and some of the consequences of COVID-19 on the Autonomous Vehicle market and some conclusions of the market at the end.

According to the research report, North America Autonomous Vehicle (AV) Market 2020-2030 by Offering, Automation Level (Level 1 - Level 5), Vehicle Type, Power, ADAS Feature, Ownership, and Country: Trend Outlook and Growth Opportunity, says that the demand for North America Autonomous Vehicle significantly depends on the Automobile Industry of some fastest developing countries. The advancement of automated technologies and many new upcoming initiatives taken by the government of various countries and the growth opportunities leads to comprehensive research of the entire North American autonomous vehicle market and gives an in-depth analysis of the segmented market of North America which includes the section Hardware, Software, and Services. Moreover, the fluctuating market growth due to some new steps have been taken by different governments in the world regarding the new standards for Autonomous vehicles. As there is high demand for North America Autonomous vehicles in the market as they are capable to deliver the proper standard as per the norms.


In 2020, the North America Autonomous Vehicle Market was valued at USD Billion and the total generated revenue is expected to grow from 2020 to 2030, and it is nearly growing at a significant height by the end of 2030 with a growth percentage of double-digit. Some key players operating in the market include AUDI AG, Baidu, BMW Group, Daimler AG, Delphi, FCA Italy S.p.A., Ford Motor Company, General Motors, MAN SE, Nissan Motor Co. Ltd, Tesla, Inc., Toyota Motor Corporation, and Volkswagen AG.

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The sudden impact of North America Autonomous Vehicle is due to the change in the high initial investment in the various sectors including the Electric Cell, Fuel Cell, and Hybrid Vehicles in which certain modifications are done based on their ADAS system which consists of some major part of Lane Assist (LA), Crash Warning System (CWS), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), Smart Park Assist (SPA). The North America Autonomous Vehicle were trading at high USD as compared to the previous, the difference creates price volatility, and the market is analyzed based on its worldwide presence and the sudden demand all over the world and Geographically, the national/local markets are fully investigated with countries like U.S, Canada. The spread of the COVID-19 pandemic helps the big market players implement some new approaches to their business evaluation. The factors that are responsible for the growth of the market are the health reasons which are the major concerns to the industries and the people as well from this spread there was a dip in the market after COVID-19 still after that the Autonomous Vehicle industry went for a steep curve of growth and create growth in the market.

However, the North America Autonomous Vehicle (AV) Market impacts the overall market of automobiles which creates the demand as well as the emerging trends, market drivers, growth opportunities, and restraints. There is a clear competitive analysis of the big market players who are taking the edge over the new technological advancements, Price, and their demanding portfolio this shows how the dynamic in the North America Autonomous Vehicle (AV) Market. Moreover, the government policies are also attracting the key players to set up their new investments worldwide as per the government-issued policies, and this will going to create a huge impact on the market.

For More Information, Click on the Link Below:-

North America Autonomous Vehicle Market: Ken Research

Related Reports:-

Global Autonomous Vehicle (AV) Market 2020-2030 by Offering, Automation Level (Level 1 - Level 5), Vehicle Type, Power, ADAS Feature, Ownership, and Region: Trend Outlook and Growth Opportunity

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Monday, August 29, 2022

Egypt Four Wheeler Aftermarket Service Industry Growth, Demand, Top Key Players, Future Strategies, Competitive Landscape and Forecast to 2027: Ken Research

Due to rapid increase in population, growth of passenger vehicle sales, along with government moves to combat auto emissions is fuelling the expansion of Four-wheeler Aftermarket Service industry in Egypt

Growth of four wheeler vehicle sales: The growth has fed into the aftermarket, with the country now being home to one of Africa’s largest vehicle fleets with around six million vehicles on the country’s roads, with the majority – approximately 5.0 million – being passenger cars. New vehicle sales in Egypt have recently grown, currently standing at more than 200,000 units per year. Around half of this figure is assembled locally. Egypt is home to notable local vehicle assemblers like GB Auto, General Motors Egypt / Mansour Automotive, and Nissan.

Government Support to promote Green Energy: The government of Egypt announced an initiative to encourage consumers to replace old vehicles for new ones operating on CNG engines with extended credit facilities among its green program incentives. The share of CNG-powered vehicles is increasing further, which will open up new industry segments and growth opportunities for the aftermarket in Egypt.

Rise of E-Commerce Channel for Aftermarket: A growing trend has been observed in the Egyptian aftermarket in the e-commerce channel, with platforms such as Odiggo, Tawfiqia and Egyparts gaining visibility among the public. The Egyptian aftermarket is ripe for growth and to offer up great opportunities for parts producers, distributors, and service providers, local producers, suppliers, etc.

Change in Installment Rates by Central Bank of Egypt: The Central Bank of Egypt, during the year 2020, decided to raise the maximum installment allowed from a customer's total fixed income to 50% from the existing 40%. This made it easier to acquire loans and hence, led to more car purchases. Banks have taken initiatives to ease procedures for car loans, various offers are made by car dealers, and the government has launched older-vehicle replacement and conversion initiative.

Zero Tariff on Cars: There exists zero tariff on cars from the European Union, under the GATT (General Agreement on Tariffs and Trade) agreement. The agreement stipulates establishing a free trade area in the span of a transitional period of 12 years from the date of enforcement. It also liberalizes the Egyptian imports of industrial goods with European origins for up to 16 years. Egypt implemented the trade cooperation agreement with the European Union in 2010, so European Car customs began to decline.

International Economic Agreements: Due to a number of international economic agreements having been signed by Egypt, there has been a negative effect on the country's car manufacturing industry. The agreements led to an increase in the sales volume of imported cars which benefit from customs exemption. The sales volume of European-origin cars increased from 11% in 2018 to almost 20% in 2019.

The report titled Egypt Automotive Aftermarket Service Industry Outlook to 2027: Driven by burgeoning population, vehicle sales growth and government moves to combat auto emissionsprovides a comprehensive analysis on the status of aftermarket service industry in Egypt. The report covers various aspects including automotive aftermarket service industry market size on the basis of revenue and number of vehicles serviced, ecosystem of major entities in aftermarket service industry in Egypt, trends & developments, issues & challenges faced by the industry, government regulations, SWOT Analysis, Porter 5 forces analysis, pain points in OEM and multi brand aftersales workshops, opportunities in OEM and multi brand aftermarket industry, market size of spare parts aftermarket industry in Egypt, ecosystem by different type of spare parts & consumables market, competition in OEM Workshops, and other aspects. Further, the report focuses on the Egypt Four Wheeler Aftermarket Service Industry Segmentation by Type of Workshop (Organized Multi-Brands and OEMs); by Type of Vehicle Serviced (Sedans, SUVs, Hatchbacks, MPVs and Crossover); by Age of Car (0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, Above 8 Years); by Region (Greater Cairo, Alexandria, Mansour, Delta and Suez Canal, and Others); by Booking Mode (Online, and offline); By Car Brand (Chevrolet, Toyota, Hyundai, Nissan, Kia, and Others); and by Service Split (Mechanical and Electrical, General, Body Care, Body Repair).

Egypt Four Wheeler Aftermarket Service Industry report concludes with projections for the future of the industry including forecasted revenue and number of vehicle serviced by 2027, and analysts’ take on the future highlighting the major opportunities.

Key Segments Covered in Egypt Four Wheeler Aftermarket Service Industry

  • Egypt Four Wheeler Aftermarket size by
  • Revenue generated
  • Number of Vehicles Serviced
  • Market Segmentation By Type of Workshop
  • Organized Multi-Brands
  • OEMs
  • Market Segmentation By Type of Vehicle Serviced
  • Sedan
  • SUV
  • Hatchback
  • MPVs
  • Crossover
  • Market Segmentation By Age of Car
  • 0-2 Years
  • 2-4 Years
  • 4-6 Years
  • 6-8 Years
  • Above 8 Years
  • Market Segmentation By Region
  • Greater Cairo
  • Alexandria
  • Mansour, Delta and Suez Canal
  • Others
  • Market Segmentation By Booking Mode
  • Online
  • Offline
  • Market Segmentation By Car Brand
  • Chevrolet
  • Toyota
  • Hyundai
  • Nissan
  • Kia
  • Others
  • Market Segmentation By Service Split
  • Mechanical and Electrical
  • General
  • Body Care
  • Body Repair

Egypt Spare Parts Aftermarket Segmentation

  • By Expenditure Category
  • Services
  • Spare Parts & Consumables

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Key Target Audience

  • Automotive Companies
  • OEM Vehicle Service Companies
  • Multi Brand Vehicle Service Companies
  • Automotive Spare Parts Companies

Time Period Captured in the Report:

  • Historical Period: FY’2016-FY’2021
  • Forecast Period: FY’2021-FY’2027

Automotive Aftermarket Service Companies in Egypt:

  • OEMs
  • Ghabbour Auto Group
  • Al-Mansour Automotive
  • Abou Ghaly Motors
  • Ezz-Elarab Automotive Group
  • Kasrawy Group
  • El-Nasr Automotive
  • Star National Automotive
  • El-Tarek Automotive
  • National Motors
  • Organized Multi-Brand Players
  • Car Viseta
  • SIXT
  • FMS Egypt
  • MAYDAY Assistance Services
  • 7 Cylinders
  • Auto Zone
  • Auto Spot Service Centre
  • Car Clinic            
  • Spare-Part Importers
  • SMG Engineering Automotive Company
  • Ezzat Kamel Co.
  • Tiba Auto Spare Parts
  • El-Watania Auto Parts
  • Ramtrade
  • El-Magd
  • Nossir Auto Parts
  • A-Part                                               

Key Topics Covered in the Report

  • Egypt Four Wheeler Aftermarket Service Industry Overview
  • Ecosystem of Major Entities in Egypt Four Wheeler Aftermarket Service Industry
  • Comparison of Egypt Automotive Industry with other Countries
  • Market Size on the basis of Revenue and Number of Vehicles Serviced, FY’16-FY’21
  • Vehicle Parc in Egypt, FY’16-FY’21
  • Egypt Four Wheeler Aftermarket Service Industry Segmentation, FY’21
  • Comparison of Top Offline Workshops for Car Servicing in Egypt
  • Analysis of Multi-Brand and OEM Workshops in Egypt
  • Spare Parts Landscape in Egypt
  • Operating Model of Spare parts in Egypt
  • Market Size of Spare Parts Aftermarket in Egypt
  • Ecosystem of Major Entities in Spare Parts and Consumables Industry in Egypt
  • Future Outlook of the Four Wheeler Aftermarket Services Industry in Egypt
  • Future Market Size on the basis of Revenue and Number of Vehicles Serviced, 2021-2027E
  • Future Market Size of Spare Parts Aftermarket in Egypt
  • Analyst Recommendation
  • Industry Speaks

Related Reports

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Malaysia Automotive Aftermarket Service Market Outlook to 2025: Surging Used Car Sales contributing to the Growth of Automotive Aftermarket Service Industry in Malaysia

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Global Automotive Power Liftgate Market Size, Trends, Market Share and Forecast 2027: Ken Research

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Global Power Liftgate has grown at a bit rate within the past few decades. The report insights into the market shares, revenues, and trends. It discusses the data assessments and specifics of the market size and also the business. The report signifies the trending branding assessments of the highest grooming firms around the globe. The report offers a bright lightweight to the regional and volumetrically analysis of various countries like China, Russia, Spain, France, Italy, the Republic of Korea, Australia, North America, and South America. It imparts the present and future potential opportunities for the business. The report delivers the intense scenes faced by the business throughout the COVID nineteen pandemic. Henceforth, the report examines the potential impact of the Power Liftgate business on the world.

According to the research report, Automotive Power Liftgate Market: Current Analysis and Forecast (2021-2027), The power Liftgate could be defined as a vehicle back door system it's operated by a hand-held remote or by pressing a key on the dashboard system. The user will the vehicle liftgate open and shut by pressing a key. This power liftgate ensures the long life and ideal operating of back doors for its anti-corrosion properties. By increasing the demand for electronic-based vehicles, the demand for the market conjointly will increase. The increase in advanced technology and innovation within the automotive sector is one of the opportunities for the power liftgate Sector.


In 2021, the Global Power Liftgate business was valued at USD billion and was projected to succeed in a big USD billion within the worldwide markets by the tip of 2027. It is expected to grow by a single-digit CAGR throughout the forecast amount. Some of the major players operating in the market include Magna International Inc., Faurecia SE, Huf Group, Aisin Seiko co., Ltd., Robert Bosch GmbH, Continental AG, Group Antolin Irausa S.A., Brose Fahrzeugteile, Johnson Electric and Woodbine Manufacturing Co. Inc. among others. Several M&as along with partnerships have been undertaken by these players to boost their presence in different regions.

North America accounted for the very best market share and is dominating the market and square measure expected to continue its dominance throughout the forecast amount. Additionally, countries like Europe (Germany, UK, France, Russia, and Spain); Asia-Pacific (China, Japan, Republic of Korea, and India); the center east and continent (UAE, Republic of South Africa, and Saudi Arabia); South America (Columbia, Brazil, and Argentina) and Australia square measure increasing the defrayal from the region can more support the consumption of the Global Power Liftgate Sector.

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The COVID 19the crisis has created a slightly negative impact on the Global Power Liftgate Industry globally. Likewise, other industries, such as the Global Power Liftgate Market have also gained losses during the pandemic. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations, travel bans and quarantines, restaurants closed all indoor or outdoor events restricted. This leads to making uncertainty in the market with the immense reduction of customers, and supply chains and hence causing unemployment.

Nowadays, the market was principally driven by factors like the increasing influence of oral hygiene in worldwide markets. However, various key players square measure actively taking part to extend their market share. Besides providing regional info on the Global Floss Market, the report recalibrates the impact of economic science and political economy factors that has the potential to impact the very important position of the Global Power Liftgate Market.

For More Information, Click on the Link Below:-

Global Automotive Power Liftgate Market: Ken Research

Related Reports:-

(COVID Version) Global Automotive Power Liftgate Market Status (2016-2020) and Forecast (2021E-2026F) by Region, Product Type & End-Use

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249