Future Growth of Global Electric Bikes Market: Ken Research

 Major players in the electric bikes market are Yamaha Motor Corporation, Giant Manufacturing Co., Ltd, Accell Group N.V, Trek Bikes, Mahindra & Mahindra Ltd., BionX International Corporation., JIANGSU XINRI E-VEHICLE CO., LTD., Robert Bosch GmbH, Derby Cycle Holding GmbH, and Panasonic Corp.

The global electric bikes market is expected to grow from USD 18.88 billion in 2019 and to USD 19.17 billion in 2020 at a growth rate of 1.54%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach USD 24.52 billion in 2023 at CAGR of 8.56%.

The electric bikes market consists of sales of electric bikes and related services for transportation purposes. The electric bike has an integrated electric motor, pedals and rechargeable batteries for forwarding propulsion. Rechargeable batteries vary according to the voltage, total charge capacity (amp hours), weight. Depending upon motor and rechargeable battery used in E-bikes its prices vary accordingly.

Asia Pacific was the largest region in the electric bikes market in 2019.

The companies operating in the electric bike market have started implementing artificial intelligence to increase the efficiency of electric bikes. Artificial intelligence is being used to provide features such as swipe start, geotagging, real-time battery checking and antitheft features. Following the trend, in 2019, Revolt launched its RV 400 electric bike in India equipped with AI capabilities. The bike when charged for 4 hours can travel up to a distance of 156km.It allows connectivity with android and IOS phones to enable the user to check the range, total riding hours and real-time diagnostics. Thus, the major players in the industry are investing towards the trend of implementing AI in e-bikes.

High purchase cost and maintenance cost of electric bikes (E-bikes) are expected to limit the growth of the E-bikes market. E-bike has an integrated electric motor and rechargeable batteries for forwarding propulsion. E-bikes are expensive because of their battery and motor installed in it. According to eBikesHQ article, E-bikes range in cost between USD 600 to over USD 8000 which is not an affordable option for a lot of people in developing countries. Moreover, E-bikes average battery replacement cost is between USD 350- USD 450. This increases the overall operating cost of E-bikes making it hard to be maintained by users. Therefore, high purchase costs and maintaining the cost of E-bikes are expected to limit the growth of the E-bikes market.

Government subsidy on the sale of Electric bikes (E-bike) is acting as a major growth driver for the E-bike market. E-bike has an integrated electric motor and rechargeable batteries that reduces pollution by eliminating carbon dioxide emissions in the environment. Therefore, various government and non-governmental agencies are augmenting the sales of electric bikes by providing incentives and subsidies on the purchase of E-bikes. For instance, in 2015 the Indian government announced an incentive scheme named Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME). Under the incentive scheme of FAME II, in 2019, government provides a subsidy of up to INR 10,000 for the purchase of electric scooters/electric bikes buyer. Thus, government subsidies and incentives are increasing the growth of the E-bikes market.

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Global Electric Bikes Market

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Global Electric Bikes and Folding Bikes Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Future of Global Wearable Payments Market: Ken Research

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The wearable payment is a safe & secure payment process for clients to buy the products by using advanced technology integrated in their wearable devices. It is also known as tap-and-go payment method by various organizations and retailers as it provides retailers and vendors with more secure & error-free payment method.

As per analysis, “Wearable Payments Market: Segmented By Technology Type (Barcode, Contactless Point of Sale (POS), Near-field Communication Technology (NFC), and Radio Frequency Identification (RFID)), By Device Type: (Smart Rings, Fitness Tracker, Smart Watches, and Others), By Application: (Festival & Life Events, Fitness, Healthcare, Retail, Transportation and Others) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” the key companies operating in the global wearable payments market include Visa Inc., Samsung Electronics Co. Ltd., Mastercard, Google Inc., Jawbone, Visa Inc., Alibaba Group, PayPal Inc., Fitbit Inc., Apple Inc., Barclays Plc. and among others. Major companies have adopted various strategies for instance product portfolio expansion, agreements, geographical expansion, mergers & acquisitions, and collaborations to enhance their market penetration and reinforce their position in the industry.

Based on technology type, wearable payments market is segmented as Contactless Point of Sale (POS), Radio Frequency Identification (RFID), Barcode and Near-field Communication Technology (NFC). Barcode technology segment dominates the global market as it helps customers to check their products easily when shopping and also helps retailers to escape the requirement for a conventional & permanent point of sale. Based on device type, market is segmented as fitness tracker, smart rings, smart watches and others. Smart watches segment is projected to exhibit substantial growth rate due to rise in demand for wireless fitness & sports devices, growth in technological advancements in smart-watch and, surge in health awareness among users during the forecast period. In addition, based on application, market is segmented as retail, fitness, festivals & life events, healthcare, transportation and others. Retail segment is also projected to exhibit substantial growth rate due to rise in demand in local businesses, markets, and e-commerce for cashless payments during the forecast period.

The wearable payments market is driven by surge in demand for wearable devices along with contactless payment for secure & safer payment transaction, followed by enhanced customer experience offered by wearable payment mediums, increase in adoption of cashless payments. However, limited battery life of wearable devices and high cost of wearable devices may impact the market. Furthermore, surge in usage of radio frequency identification (RFID), near-field communication technology (NFC), and host card emulation technology in wearable payments is a key opportunity for market.

Based on geography, the North-America holds major share in global wearable payments market owing to presence of prominent stakeholders coupled with growth in development of smart devices with tracking & payment characteristics across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to growth in investments from the private & public players and expansion of the IT infrastructure over the forecast period. It is anticipated that future of the global wearable payments market will be bright on account of high penetration of contactless payments in emerging economies during the forecast period.

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Global Wearable Payments Market Growth Rate

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Global Wearable Payments Devices Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Organic Farming Market Research Report: Ken Research

 Major players in the organic farming market are Dow Chemical Company, BASF SE, Solvay SA, Akzo Nobel N.V, Nalco Holding Company, and Bayer AG.

The global organic farming market is expected to grow from USD 88.79 billion in 2019 and to USD 95.90 billion in 2020 at a compound annual growth rate (CAGR) of 8%. The growth is stable across many countries due to the COVID-19 outbreak and the extending lockdown as a measure to contain it, however, strong growth is registered in USA even during the lockdown. The market is then expected to recover and reach USD 131.55 billion in 2023 at CAGR of 11.11%.

The organic farming market is associated with the sales of produces by farms that produce them in organic ways. The organic farming is an alternative form of farming for crops and livestock's produce which doesn't use pesticides, artificial fertilizers, genetically modified organisms and antibiotics to increase the production. This has many benefits to the environment and the individuals using these yields.

North America was the largest region in the organic farming market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

Less productivity of organic food is expected to hinder the organic farming market. According to the USDA 2018 data and many other studies, the yield of organic farming is significantly less compared to the conventional farming. So, the latter is preferred to organic farming to ensure food security as organic farming is expected to cause a scarcity due to lower yield. It doesn't meet the needs of rising population and thereby doesn't meet the definition of food security by the Food and Agriculture Organization of the United Nations (FAO). The less productivity of organic farming therefore is expected to hinder the market.

The organic farming market covered in this report is segmented by farming type into pure organic farming; integrated organic farming and by method into crop diversity; soil management; weed management; controlling other organisms.

In December 2019 Young living essentials a North American based essential oil company who is a world leader has initiated a new partnership with Golden Einkorn Farm. By this partnership Golden Einkorn Farm supplies its ancient einkorn grain to young essentials and also supports its movement towards sustainability thereby being environmentally responsible. Golden Einkorn Farm is 600 acre France based family farm which produces einkorn grain and uses rainwater for irrigation, organic mater as manure instead of artificial fertilizers, uses solar energy and other sustainable methods with an aim of zero wastage.

Environmental gain from organic farming is expected to drive the organic farming market. Organic farming is highly beneficial to the environment as it does not use any chemical fertilizers or pesticides that cause soil and groundwater contamination. Also, the usage of non-renewable resources that are needed for the development of such artificial fertilizers is less. Organic farming preserves biodiversity of the soil. According to the Organic Trade Association 2019 report, if every U.S. farmer switched to organic farming, annually nearly 500 million pounds of residual and toxic pesticides can removed from getting into the atmosphere. The use of organic products also have a beneficial impact on the health of organic growers, assistants, their families and customers, as they are less exposed to harmful chemicals. Therefore environmental benefits of organic farming coupled with health benefits of organic products is increasing the demand for organic food (food produced through the process of organic farming) which in turn is driving the market for Organic farming.

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Global Organic Farming Market

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Global Organic Farming Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Virtual Reality Devices Market Research Report: Ken Research

 Major players in the virtual reality devices market are Google, Sony Corporation, Samsung Electronics Co., Ltd., Oculus VR LLC, and Marxent Labs.

The global virtual reality devices market is expected to decline from USD 4.76 billion in 2019 to USD 3.99 billion in 2020 at a compound annual growth rate (CAGR) of -16.0%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 1087 billion in 2023 at CAGR of 39.62%.

The virtual reality devices market consists of sales of virtual reality devices and related services. The VR devices use advanced computer technology called virtual reality to create a simulated environment. The VR devices such as head mounted display (HMD) devices, Gesture Tracking devices (GTD), Projectors and display walls (PDW) enable the users to get immersed in a real environment and interact with 3D worlds. Some of the virtual reality devices include Oculus Rift-VR headset, HTC Vive-VR, Sony-PSVR, Samsung Gear VR-mobile VR headset with controller, and Google Cardboard-mobile VR headset by Google.

Integration of 5K stereoscopic video in VR devices is one of the growing trends that is changing the landscape of virtual reality device market. 5k stereoscopic video is a 5k-resolution video technology which replaces the previous 360 video low resolution technology used in VR headsets. This 5K stereoscopic video would provide a complete and detailed VR immersion experience for the viewers. For instance, Oculus VR, an American technology company, developed Guided Meditation VR which is virtual reality relaxation app that runs 5K stereoscopic video content on the Oculus Go (mobile headsets) version of the app.

The interferences in demand and supply chains caused by COVID19 lockdown are to act as major restraint hampering the growth of the virtual reality market during 2020. According to the World Trade Organization (WTO), the coronavirus represents unprecedented disruptions to the world trade and global economy, as consumption and production are scaled backed worldwide. Moreover, according to Media Post's news published in March 2020, the shipments for virtual reality headsets are expected to record a decline of approximately 17% during 2020, owing to disruptions in the supply chain caused by COVID19 lockdowns. Hence, the disturbances in demand and supply chain are to act as a major factor to contribute to the declining shipments for virtual reality devices during 2020.

In September 2019, Verizon announced the acquisition of Jaunt XR, a California-based company's software, technology, and certain assets for an undisclosed amount. Through this acquisition, Verizon plans to develop and built new leading-edge software combining with Jaunt XR. Jaunt XR was founded in 2013 and deals in developing hardware, virtual technology, software, apps, and tools that enable consumers and brands to make high-quality virtual reality (VR) content. Jaunt XR is focusing on developing volumetric video capturing of human for supply on social media channels and mobile devices.

Rising demand for virtual reality devices in changing the traditional way of imparting safety trainings to employees is expected to drive the virtual reality devices market. Virtual Reality provides an effective and safe training environment for the employees in an organization. Traditional training method fail to recreate real time crisis scenarios while VR trainings create the real time crisis scenarios which helps a person to respond in a similar way to that of real time situations, thus providing effective and safe training to staff. It has resulted in fewer mistakes and better information recall than traditional trainings. For example, Ford uses virtual reality which simulates real-life situations to train its staff in a more receptive and effective way than training theoretically.

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Global Virtual Reality Devices Market

Related Report:-

Global Virtual Reality Market, Component (Hardware, Software), Device Type (Head Mounted Displays, Gesture Tracking Devices), Technology (Semi-Immersive, Full-Immersive), Industry Vertical (Consumer Electronics, Aerospace & Defense) - Forecast till 2027

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Global Safety Relay Market, Global Safety Relay Industry: Ken Research

The report forecast global Safety Relay market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025.

The report offers detailed coverage of Safety Relay industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Safety Relay by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

First, this report covers the present status and the future prospects of the global Safety Relay market for 2015-2025.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Oceania], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

At the same time, we classify Safety Relay according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Finally, the report provides detailed profile and data information analysis of leading Safety Relay company.

Key Content of Chapters as follows (Including and can be customized):

Part 1:

Market Overview, Development, and Segment by Type, Application & Region

Part 2:

Global Market by company, Type, Application & Geography

Part 3-4:

Asia-Pacific Market by Type, Application & Geography

Part 5-6:

Europe Market by Type, Application & Geography

Part 7-8:

North America Market by Type, Application & Geography

Part 9-10:

South America Market by Type, Application & Geography

Part 11-12:

Middle East & Africa Market by Type, Application & Geography

Part 13:

Company information, Sales, Cost, Margin etc.

Part 14:

Conclusion

Market Segment as follows:

By Region

Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Oceania]

Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

North America [United States, Canada, Mexico]

Middle East & Africa [GCC, North Africa, South Africa]

South America [Brazil, Argentina, Columbia, Chile, Peru]

Key Companies

Allen-Bradley

Phoenix

Rockwell Automation

Schneider Electric

Omron

Siemens

Pilz

IDEC

SICK

Eaton

Panasonic

Hongfa

wenglor sensoric GmbH

MITSUBISHI

ABB

Contrinex

Market by Type

Single Function Safety Relays

Modular and Configurable Safety Relays

Market by Application

Automotive

Energy & Power

Manufacturing

Pharmaceutical

Construction

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Global Safety Relay Market

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Global Side Guard Door Beams Market, Global Side Guard Door Beams Industry: Ken Research

The report forecast global Side Guard Door Beams market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025.

The report offers detailed coverage of Side Guard Door Beams industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Side Guard Door Beams by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

First, this report covers the present status and the future prospects of the global Side Guard Door Beams market for 2015-2025.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Oceania], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

At the same time, we classify Side Guard Door Beams according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Finally, the report provides detailed profile and data information analysis of leading Side Guard Door Beams company.

Key Content of Chapters as follows (Including and can be customized):

Part 1:

Market Overview, Development, and Segment by Type, Application & Region

Part 2:

Global Market by company, Type, Application & Geography

Part 3-4:

Asia-Pacific Market by Type, Application & Geography

Part 5-6:

Europe Market by Type, Application & Geography

Part 7-8:

North America Market by Type, Application & Geography

Part 9-10:

South America Market by Type, Application & Geography

Part 11-12:

Middle East & Africa Market by Type, Application & Geography

Part 13:

Company information, Sales, Cost, Margin etc.

Part 14:

Conclusion

Market Segment as follows:

By Region

Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Oceania]

Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

North America [United States, Canada, Mexico]

Middle East & Africa [GCC, North Africa, South Africa]

South America [Brazil, Argentina, Columbia, Chile, Peru]

Key Companies

H-one Co., Ltd

Aisin Takaoka Thailand Group

GNS Automotive

KIRCHHOFF Automotive GmbH

Benteler Automotive Corporation

FOUNDER LAND

DuPont

KVA Stainless

Market by Type

Aluminium Car Side Beam

Steel Car Side Beam

Plastic Car Side Beam

Market by Application

Front Door

Rear Door

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Global Side Guard Door Beams Market

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COVID 19 Impacts on Global Indoor Air Quality Market: Ken Research

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Indoor air quality is used to measure the parameter of air quality and level of pollutants in indoor as well as outdoor environments. Air impurities contain pollutants for instance volatile organic compounds, particulate matter, carbon monoxide, sulfur dioxide, and nitrous oxide. It also identifies an airborne bacterium, which is created from the pollutants that are present outside and protect from affecting serious health issue. It has been observed that a rising number of industrial hygienists have installed various air quality monitors for healthy nature is projected to flourish the Indoor air quality in the future. Manufacturers of indoor air quality are growing their businesses in Asia-Pacific countries because this region is focused on green building technologies and smart homes.

As per analysis, “Indoor Air Quality Market: Segmented By Sampling Method Type (Continuous, Passive, Intermittent, Manual, and Stack Sampling); by Application (Pharmaceutical Industry, Government Agencies & Academic Institutes, Commercial and Residential Users, Petrochemical Industry, Power Generation Plants, Smart City Authority, and Others) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” the key companies operating in the global indoor air quality market include Gree Electric Appliances Inc., Carrier Global Corp., Mann+Hummel, General Filters Inc., Camfil, Honeywell International Inc., LG Electronics Inc., Johnson Controls International Plc, Aprilaire, Daikin Industries Ltd., Lennox International Inc., Munters Ab and among others.

Based on the sampling method, the indoor air quality market is segmented as manual, continuous & passive, intermittent and stack sampling. In addition, based on application, the market is segmented as petrochemical industry, commercial & residential users, pharmaceutical industries, smart city authority, government agencies & academic institutes, power generation plants, and others. Government agencies & academic institutes segment is expected to witness a higher growth rate due to, increased government investment in efficacious Ambient Air Quality Monitoring (AQM), strict environmental regulation, and enhanced installation of AQM stations around the world during the forecast period.

The indoor air quality market is driven by rise in Use of Indoor Air Quality at Residential and Commercial Purposes., followed by a diversified product portfolio range. However, lack of awareness in the developing economies and high cost associated with indoor air quality products may impact the market. Additionally, rise in funding at research & development (R&D) for effective air pollution monitoring and increase in public awareness related to air pollution & its effect on the health & environment are leading opportunities for the market. Moreover, value addition to a class of customer preferences and continuous advancement in wireless communication technologies are key trends for the market. Furthermore, Skilled Professional Required for Installations and Maintenance of Air Quality Devices is a major challenge for the global market.

Based on geography, the Asia-Pacific region dominates the global indoor air quality market owing to constant government support to develop & market sophisticated AQM products coupled with huge scale industrializations in the developing APAC countries. The North America and Europe regions are estimated to witness higher growth rate due to rise in number of guidelines from the regulatory bodies over the forecast period. It is predicted that future of the global indoor air quality market will be bright as a result of the increase in the construction of green buildings during the forecast period.

For More Information on the Research Report, refer to the below links: –

Global Indoor Air Quality Market Growth Rate

Related Report:-

Air Quality Monitoring Market by Product Type (Indoor Monitors, Portable Monitors, Outdoor Monitors, and Others), by Pollutants (Chemical Pollutants, Physical Pollutants, and Biological Pollutants) for End Users (Oil & Gas, Power Generation Plants, Government Agencies & Academic Institutes, Commercial & Residential Users, and Others) - Global Industry Perspective, Comprehensive Analysis and forecast, 2017 - 2023

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Growth in Technological Advancements Expected to Drive Global Business Analytics & Enterprise Software Market: Ken Research

 The business analytics & enterprise software industry includes development & distribution of customer relationship management (CRM), predictive analysis software, business intelligence (BI), business analytics, collaboration software and other enterprise oriented software solutions. It provides training & consulting services related with this type of software. The market includes publishing activities for various business analytics solutions for instance predictive analysis software & enterprise software solutions including enterprise resource planning. The IT companies are largely focusing on design & development of the effective business analytics tools like basic reporting to advanced & complex forecasting and data mining tools. These solutions permit the businesses & data analysts to extract the future insights from the provided corporate data which when transformed to the actions, delivers high levels of profitability & efficiency to the enterprise. Technologically advances in business intelligence & analytics software for instance Analytics Pro (by SAS) are driving this market

As per analysis, “Business Analytics & Enterprise Software Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global business analytics & enterprise software market include IBM Corporation; SAP; Oracle Corporation; SAS Institute; Tableau Software Inc. and among others.

On the basis of type, business analytics & enterprise software market is segregated as business intelligence (BI) software, SCM software, customer relationship management (CRM) software, ERP software, and other software. On the basis of deployment model, market is segregated as on-premise deployment model and on-demand/cloud deployment model. In addition, on the basis of end-user industry, market is segregated as BFSI, healthcare, media, education, retail, manufacturing, IT & telecommunication and others.

The business analytics & enterprise software market is driven by rise in awareness about numerous benefits provided by this software, followed by rise in demand for cloud-based business analytics software among small & medium enterprises, acceleration of digital transformation in enterprises due to COVID-19 outbreak, rise in awareness regarding various benefits provided by business analytics solutions and increase in adoption of business analytics software by multiple organizations. Apart from this, lack of skilled workforce and high implementation cost are major hindering factors for market. Additionally, rise in need to gain insights for business planning, emergence of SaaS-based business analytics software and continuous technological advancements such as in cloud and mobility are leading opportunities for market. Moreover, rise in focus of enterprises on improving the workplace & growing profitability by using different business software and increase in popularity of social media marketing are key trend for market.

The COVID-19 or Corona Virus pandemic has brought radical changes to everyday lives of the individuals, work, and the surrounding environment. The pandemic has led to increase in adoption of cloud technology to assist the consumers across every industry to combat against this pandemic situation. Moreover, post COVID-19, it is expected that Big Data and cloud technology will be preferred by many healthcare companies to fight against such pandemic situations in the future and to forecast the possible situations before it happens.

It is estimated that future of the global business analytics & enterprise software market will be bright as a result of growth in technological advancements coupled with innovative predictive analysis tools during the forecast period.

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Global Business Analytics & Enterprise Software Market

Related Reports:-

Business Analytics & Enterprise Software Global Market Forecast To 2022

Business Analytics & Enterprise Software Global Market Report 2018 Covering: SAP, SAS Institute, IBM Corporation, Oracle Corporation, Tableau Software Inc

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