Mes: enero 2021

Hydrogen Aircraft Market to Reach $174.02 Bn, Globally, by 2040 at 20.20% CAGR: Allied Market Research

PORTLAND, Ore., Jan. 18, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydrogen Aircraft Market by Passenger Capacity (Less than 100, 100-200, and More than 200), Range (Short Haul, Medium Haul, and Long Haul), and Application (Passenger Aircraft and Cargo Aircraft): Global Opportunity Analysis and Industry Forecast, 2030–2040.» According to the…

PORTLAND, Ore., Jan. 18, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydrogen Aircraft Market by Passenger Capacity (Less than 100, 100-200, and More than 200), Range (Short Haul, Medium Haul, and Long Haul), and Application (Passenger Aircraft and Cargo Aircraft): Global Opportunity Analysis and Industry Forecast, 2030–2040.» According to the report, the global hydrogen aircraft industry is estimated at $27.68 billion in 2030 and is anticipated to hit $174.02 billion by 2040, registering a CAGR of 20.20% from 2030 to 2040.

Allied_Market_Research_Logo

Download Report Sample (255 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9108

Drivers, restraints, and opportunities-

Rising air passenger traffic across the globe, high suitability of hydrogen as aviation fuel, and reduced GHG emissions fuel the growth of the global hydrogen aircraft market. On the other hand, high costs associated with the production & handling of hydrogen and huge investments required for the approval and certification of hydrogen based aircrafts impede the growth to certain extent. However, proactive government initiatives toward hydrogen powered aircrafts and growth in infrastructural development for hydrogen across the globe are projected to pave the way for lucrative opportunities in the industry.

COVID-19 scenario-

  • The outbreak of COVID-19 led to worldwide lockdown and this, in turn, affected the manufacturing facilities of hydrogen aircrafts to a significant extent.
  • Also, the pandemic happened to force the governments across the globe to put more emphasis on medical services, due to which, the countries are directing most of the capital in the healthcare industry which is bowling over the investments in the hydrogen aircraft sector.

Get detailed COVID-19 impact analysis on the Hydrogen Aircraft Market Request Here!

The less than 100 segment to dominate by 2040-

Based on passenger capacity, the less than 100 segment is expected to contribute to more than three-fourths of the global hydrogen aircraft market share in 2030, and would lead the trail by 2040. Initially the hydrogen aircrafts can occupy less than 100 passengers. This factor drives the segment growth. The 101-200 segment, on the other hand, would manifest the fastest CAGR of 22.30% during the forecast period, owing to higher feasibility and ROI associated with more number of passengers, in regards with the available hydrogen aircraft technologies.

The short haul segment to maintain the dominant share-

Based on range, the short haul segment is anticipated to account for nearly half of the global hydrogen aircraft market revenue in 2030, and would rule the roost by the end of 2040, due to the fact that they are the simplest in design and first-enters in the hydrogen aircraft market space. Simultaneously, the medium haul segment would exhibit the fastest CAGR of 21.10% by 2040, owing to the increasing demand and viability for medium haul flights.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9108

Europe, followed by North America, is expected to garner the major share in 2030 –

Based on geography, Europe, followed by North America, is expected to garner the major share in 2030, holding more than half of the global hydrogen aircraft market. This is because the major countries in the region such as UK, Germany, France, and Spain have invested extensively to shove the development for hydrogen-fuelled aircraft. The market across Asia-Pacific, however, would register the fastest CAGR of 22.80% throughout the forecast period. This is attributed to the fact that China and Japan are one of the biggest manufacturing hubs across the world.

Key players in the industry-

  • AeroDelft
  • AEROVIRONMENT, INC.
  • Airbus S.A.S.
  • Alaka’i Technologies
  • HES Energy Systems
  • Pipistrel d.o.o
  • PJSC Tupolev
  • The Boeing Company
  • Urban Aeronautics Ltd
  • ZeroAvia, Inc.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9108

Similar Reports We Have Hydrogen as a Fuel Technology:

Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027.

Hydrogen Fuel Cell Train Market by Application (Passenger Train and Freight Train) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Powered Engine Market by Application (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Powered Tractor Market by Application (Agriculture, Industries and Mining) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen-Powered Yacht Market by Technology (Coal Gasification and Steam Methane Reforming), by Application (Methanol Production, Ammonia Production and Petroleum Refining) and by System (Merchant and Captive): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Fueling Station Market by Product (Retail vs. Non-Retail Stations and Mobile Hydrogen Stations) and End-Users (Hydrogen Tube Trailers, Tanker Trucks, Pipeline Delivery and Railcars & Barges): Global Opportunity Analysis and Industry Forecast, 2021–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

 

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SOURCE Allied Market Research

How to Reduce the Spread of Infection in the Workplace

CHARLOTTE, N.C., Jan. 18, 2021 /PRNewswire/ — With the winter holidays having come to an end, millions of Americans will be returning to work during the peak of flu season. As this transitional period continues, American business owners will be tasked with implementing the proper measures to protect their employees during this unprecedented time. The team behind The GREEN DRAIN™, an environmentally water-free trap seal, is actively spreading awareness about the potential dangers that traditional…

CHARLOTTE, N.C., Jan. 18, 2021 /PRNewswire/ — With the winter holidays having come to an end, millions of Americans will be returning to work during the peak of flu season. As this transitional period continues, American business owners will be tasked with implementing the proper measures to protect their employees during this unprecedented time. The team behind The GREEN DRAIN™, an environmentally water-free trap seal, is actively spreading awareness about the potential dangers that traditional drainage systems can cause for American businesses, as it has been proven that said systems are known culprits of virus transmission.

With businesses already struggling to stay open due to COVID-19 restrictions, the last thing any business owner needs is yet another health-related concern to begin the new year. Unfortunately, studies conducted by the World Health Organization and other well-established healthcare institutions have found that both pathogens and bacteria can easily spread in traditional drainage systems. 

Drains provide exceptional conditions for these deadly inhabitants to feed and multiply within the biofilm-lined walls of the drainpipe. Over time, this can lead to negative health consequences for both consumers and employees. Recently, reports have emerged stating that COVID-19 is now spreading through floor drains in the same way SARS did during the 2003 pandemic in Hong Kong, China. 

When sanitation systems are not working properly, business owners can run into problems such as the growth of multi-resistant bacteria and the spread of harmful infections. A collection of microorganisms in drain lines, known as biofilm, can protect inhabitants from external influences such as disinfectants, UV radiation and dehydration. Multi-Drug Resistant Organisms (MDROs) are shielded with this additional layer of protection, causing an extra layer of trouble for facility managers looking for solutions. Waterborne pathogens such as Carbapenemase-Producing Organisms (CPOs) can also pose a serious problem, as they can become airborne and contaminate a facility in its entirety, threatening the indoor health and wellness of its occupants.

While there is a multitude of problems facing business owners in relation to traditional drainage systems, there are ways to prevent such outbreaks from occurring.

Ineffective methods that have grown in popularity in recent years include pouring bleach down drains and bioremediation. In most cases, these solutions have minimal effect and can even cause more harm than good in certain situations. 

By far, the most important action step for American business owners to take in the fight against dangerous drain-based pathogens is the introduction of a sturdy, physical barrier in the form of a waterless trap seal. Waterless trap seals can prevent pathogens and bacteria from growing and contaminating the pipes in the first place and can greatly reduce the spreading of aerosolized waterborne pathogens, the cross-contamination of deadly disease-causing bacteria, and the dissemination of harmful sewer gases/odors (hydrogen sulfide, ammonia, methane, esters, carbon monoxide, sulfur dioxide and nitrogen oxides), as well as pests.

Faculty managers, janitorial workers, and American business owners can rely on the environmentally friendly GREEN DRAIN™ and have peace of mind knowing that they have installed a sustainable product that prevents the cross-contamination of deadly bacteria.

To learn more about the GREEN DRAIN™ and how it can be instrumental in the prevention of viral transmission, please visit the website, blog and Facebook page. 

About 

The GREEN DRAIN™ is an environmentally friendly water-free trap seal, which can be installed in basically all floor drains without the use of tools.

Media Inquiries:
Morganpr@newswiremail.com

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SOURCE GREEN DRAIN™

Hydrogen Aircraft Market to Reach $174.02 Bn, Globally, by 2040 at 20.20% CAGR: Allied Market Research

Increase air passenger traffic worldwide, preference for hydrogen as an aviation fuel, and lowered GHG emissions drive the growth of the global hydrogen aircraft market

PORTLAND, Ore., Jan. 18, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydrogen Aircraft Market by Passenger Capacity (Less than 100, 100-200, and More than 200), Range…

Increase air passenger traffic worldwide, preference for hydrogen as an aviation fuel, and lowered GHG emissions drive the growth of the global hydrogen aircraft market

PORTLAND, Ore., Jan. 18, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydrogen Aircraft Market by Passenger Capacity (Less than 100, 100-200, and More than 200), Range (Short Haul, Medium Haul, and Long Haul), and Application (Passenger Aircraft and Cargo Aircraft): Global Opportunity Analysis and Industry Forecast, 2030–2040.» According to the report, the global hydrogen aircraft industry is estimated at $27.68 billion in 2030 and is anticipated to hit $174.02 billion by 2040, registering a CAGR of 20.20% from 2030 to 2040.

Allied_Market_Research_Logo

Download Report Sample (255 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9108

Drivers, restraints, and opportunities-

Rising air passenger traffic across the globe, high suitability of hydrogen as aviation fuel, and reduced GHG emissions fuel the growth of the global hydrogen aircraft market. On the other hand, high costs associated with the production & handling of hydrogen and huge investments required for the approval and certification of hydrogen based aircrafts impede the growth to certain extent. However, proactive government initiatives toward hydrogen powered aircrafts and growth in infrastructural development for hydrogen across the globe are projected to pave the way for lucrative opportunities in the industry.

COVID-19 scenario-

  • The outbreak of COVID-19 led to worldwide lockdown and this, in turn, affected the manufacturing facilities of hydrogen aircrafts to a significant extent.
  • Also, the pandemic happened to force the governments across the globe to put more emphasis on medical services, due to which, the countries are directing most of the capital in the healthcare industry which is bowling over the investments in the hydrogen aircraft sector.

Get detailed COVID-19 impact analysis on the Hydrogen Aircraft Market Request Here!

The less than 100 segment to dominate by 2040-

Based on passenger capacity, the less than 100 segment is expected to contribute to more than three-fourths of the global hydrogen aircraft market share in 2030, and would lead the trail by 2040. Initially the hydrogen aircrafts can occupy less than 100 passengers. This factor drives the segment growth. The 101-200 segment, on the other hand, would manifest the fastest CAGR of 22.30% during the forecast period, owing to higher feasibility and ROI associated with more number of passengers, in regards with the available hydrogen aircraft technologies.

The short haul segment to maintain the dominant share-

Based on range, the short haul segment is anticipated to account for nearly half of the global hydrogen aircraft market revenue in 2030, and would rule the roost by the end of 2040, due to the fact that they are the simplest in design and first-enters in the hydrogen aircraft market space. Simultaneously, the medium haul segment would exhibit the fastest CAGR of 21.10% by 2040, owing to the increasing demand and viability for medium haul flights.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9108

Europe, followed by North America, is expected to garner the major share in 2030 –

Based on geography, Europe, followed by North America, is expected to garner the major share in 2030, holding more than half of the global hydrogen aircraft market. This is because the major countries in the region such as UK, Germany, France, and Spain have invested extensively to shove the development for hydrogen-fuelled aircraft. The market across Asia-Pacific, however, would register the fastest CAGR of 22.80% throughout the forecast period. This is attributed to the fact that China and Japan are one of the biggest manufacturing hubs across the world.

Key players in the industry-

  • AeroDelft
  • AEROVIRONMENT, INC.
  • Airbus S.A.S.
  • Alaka’i Technologies
  • HES Energy Systems
  • Pipistrel d.o.o
  • PJSC Tupolev
  • The Boeing Company
  • Urban Aeronautics Ltd
  • ZeroAvia, Inc.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9108

Similar Reports We Have Hydrogen as a Fuel Technology:

Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027.

Hydrogen Fuel Cell Train Market by Application (Passenger Train and Freight Train) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Powered Engine Market by Application (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Powered Tractor Market by Application (Agriculture, Industries and Mining) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen-Powered Yacht Market by Technology (Coal Gasification and Steam Methane Reforming), by Application (Methanol Production, Ammonia Production and Petroleum Refining) and by System (Merchant and Captive): Global Opportunity Analysis and Industry Forecast, 2021–2027.

Hydrogen Fueling Station Market by Product (Retail vs. Non-Retail Stations and Mobile Hydrogen Stations) and End-Users (Hydrogen Tube Trailers, Tanker Trucks, Pipeline Delivery and Railcars & Barges): Global Opportunity Analysis and Industry Forecast, 2021–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

 

e-Zinc raises $2.3 million from BDC Capital to accelerate commercialization of its breakthrough energy storage technology

TORONTO, Jan. 18, 2021 /PRNewswire/ – e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice.

<a href="https://mma.prnewswire.com/media/1421735/e_Zinc_e_Zinc_raises__2_3_million_from_BDC_Capital_to_accelerate.html"…

TORONTO, Jan. 18, 2021 /PRNewswire/ – e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice.

e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion batteries, enabling the technology to economically deliver energy over a period of multiple days. This low-cost, flexible, and long-duration energy storage solution will enable the world’s energy markets to be fully powered by renewable energy.

«Markets like California, New York, and many others have made commitments to be 100% renewable in 15-20 years from now. This necessitates energy storage technologies with durations of multiple days, as opposed to batteries which are only capable of multiple hours. e-Zinc’s solution is a critical component to achieve our dreams of a carbon-free energy grid,» said James Larsen, CEO of e-Zinc. «BDC’s investment and team will help accelerate the commercialization of our energy storage solution, allowing us to successfully deploy our company’s first pilot projects.»

«Breakthrough Energy Solutions Canada brings together the public and private sectors to build Canada’s clean energy future. e-Zinc’s energy storage technology is an example of how innovation will get us to net-zero by 2050,» said the Honourable Seamus O’Regan, Canada’s Minister of Natural Resources. 

«We are excited to support e-Zinc – a winner of Breakthrough Energy Solutions Canada – to commercialize its novel technology for cost-effective, long-duration energy storage and help decarbonize the world’s energy markets» said Jérôme Nycz, Executive Vice President, BDC Capital.

This financing completes a year in which e-Zinc successfully raised an equity round of $3.5 million in January, led by Energy Foundry, and also secured $6.5 million in non-dilutive grant funding, including a $1.6 million investment from NRCan’s Breakthrough Energy Solutions Canada. The company intends to deploy its first in-field system in May 2021 with Faromor at their facility in Stratford, Ontario. This project is financially supported by Sustainable Development Technology Canada (SDTC) and NRCan.

To learn more about e-Zinc, please visit www.e-zinc.ca.

About e-Zinc
Founded in 2012, e-Zinc is a Toronto-based company with a game-changing long-duration energy storage technology. The company’s zinc-based energy storage system can be up to 80 per cent less expensive than comparable lithium-ion systems for long-duration applications.  Importantly, its energy storage system can operate in temperatures ranging from -30°C to 60°C, is made of abundant and recyclable materials, and is completely safe.

About BDC Capital
BDC Capital is the investment arm of BDC, the bank for Canadian entrepreneurs. With over $3 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage. Visit bdc.ca/capital.

About Breakthrough Energy Solutions Canada
Breakthrough Energy Solutions Canada (BESC) aims to support Canadian entrepreneurs and firms to enhance the pace and scale the adoption of clean energy technologies to help significantly reduce global GHG emissions from manufacturing, electricity, transportation and buildings. BESC is an initiative under the Natural Resources Canada (NRCan) flagship Energy innovation Program, and is designed and delivered in partnership with Breakthrough Energy Ventures (BEV) and the Business Development Bank of Canada (BDC).

To learn more about NRCan’s BESC program, please visit Breakthrough Energy Solutions Canada.

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SOURCE e-Zinc

Prakriti E-Mobility honoured with the Achievers Award 2020

–  Co-Founders of Prakriti E-Mobility Pvt Ltd. – Mr. Nimish Trivedi, Mr. Vikas Bansal and Mr. Rajeev Tiwari were awarded for their contribution to the sustainable mobility industry in India

NEW DELHI, Jan. 18, 2021 /PRNewswire/ — Established with a goal to start a global revolution in the industry of commercially-used electric vehicles (EVs), Prakriti E-Mobility…

–  Co-Founders of Prakriti E-Mobility Pvt Ltd. – Mr. Nimish Trivedi, Mr. Vikas Bansal and Mr. Rajeev Tiwari were awarded for their contribution to the sustainable mobility industry in India

NEW DELHI, Jan. 18, 2021 /PRNewswire/ — Established with a goal to start a global revolution in the industry of commercially-used electric vehicles (EVs), Prakriti E-Mobility (co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari), was honored with the Achievers Award 2020 for their exemplary work and contribution towards the sustainable mobility industry in India. Prakriti E-Mobility will soon launch an app-based 100% Electric Cab service called EVERA in the Delhi region.

The award was handed over by Bollywood actor Dalip Tahil and Indian politician and Member of The Shiv Sangram Dr. Bharati Lavekar. The Achievers Awards brought together leaders and trendsetters who powered through the opportunities and challenges in 2020 during the global pandemic and celebrated the achievements of those who contributed to helping address the challenges of the pandemic, across all specialties, disciplines and career stages.

Commenting on the achievement, Nimish Trivedi, Co-Founder & CEO, Prakriti E-Mobility Private Limited said, «Prakriti E-Mobility was created with a goal to start a global revolution in the mobility industry. We are building a company that deeply contributes towards the well-being and happiness of all the lives it touches starting from its people to the environment it belongs to. Receiving this award is a testimony to the efforts that went into bringing this core idea into fruition. We thank the Achievers’ Awards for recognizing our efforts and contributions in building a better tomorrow.»

Last year, Prakriti E-Mobility Private Limited, in association with the Delhi Government launched the Jeevan Seva app to aid Delhi’s COVID patients and their families for their safe commute to hospitals and health care facilities in the city. The Jeevan Seva app, powered by EVERA uses Electric Vehicles as an ambulance to transfer non-critical cases to health care facilities within Delhi free of cost.

Nimish Trivedi, added, «The Jeevan Seva app is the first ever initiative to help COVID patients in home isolation to reach healthcare facilities in EV cabs while taking care of the patients and planet with its zero emission cabs. We are pleased to work with the Delhi Government to launch this great initiative and hope that it will help us in fighting the ongoing pandemic.»

Prakriti E-Mobility, through Jeevan Seva app, has already served more than 30,000 non-critical & COVID patients till now. The app has added efficiency to Delhi’s Emergency Commute Services enabling ambulances to be more available to cater to serious requests in time.

About Prakriti:

Prakriti has been established with a goal to start a global revolution in the industry of commercially used electric vehicles (EVs). We thrive to combat climate change and reduce the carbon footprint while enhancing the user experience for customers. Our unique app-based taxi service will not only get customers from Point A to Point B, but will also contribute for the greater good of the planet. This app will allow users to book cabs that are all electric. As a result, their journey will give off no emissions and will help reduce the carbon footprint one journey at a time. We have also worked on the short comings of other cab services for to optimize the user experience for customers. Some of our key features include:

  • 0 Surge Charge: No amount of traffic or demand will bring about a change in the cost of the journey. As a result, customers can book cabs without worrying about absurd prices.
  • No Cancellations: Our drivers are trained professional who are on duty if on the app. Only customers have the ability to cancel their trip.
  • No Emissions: As our fleet will be all electric, the cars will release no emissions in their lifespan. As a result, cities will eventually be able to breathe easy without worrying about toxics fumes from exhaust pipes.
  • In-House Fleet Management

Photo: https://mma.prnewswire.com/media/1422051/Prakriti_Awards.jpg

Prakriti E-Mobility honoured with the Achievers Award 2020

–  Co-Founders of Prakriti E-Mobility Pvt Ltd. – Mr. Nimish Trivedi, Mr. Vikas Bansal and Mr. Rajeev Tiwari were awarded for their contribution to the sustainable mobility industry in India

NEW DELHI, Jan. 18, 2021 /PRNewswire/ — Established with a goal to start a global revolution in the industry of commercially-used electric vehicles (EVs), Prakriti E-Mobility…

–  Co-Founders of Prakriti E-Mobility Pvt Ltd. – Mr. Nimish Trivedi, Mr. Vikas Bansal and Mr. Rajeev Tiwari were awarded for their contribution to the sustainable mobility industry in India

NEW DELHI, Jan. 18, 2021 /PRNewswire/ — Established with a goal to start a global revolution in the industry of commercially-used electric vehicles (EVs), Prakriti E-Mobility (co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari), was honored with the Achievers Award 2020 for their exemplary work and contribution towards the sustainable mobility industry in India. Prakriti E-Mobility will soon launch an app-based 100% Electric Cab service called EVERA in the Delhi region.

The award was handed over by Bollywood actor Dalip Tahil and Indian politician and Member of The Shiv Sangram Dr. Bharati Lavekar. The Achievers Awards brought together leaders and trendsetters who powered through the opportunities and challenges in 2020 during the global pandemic and celebrated the achievements of those who contributed to helping address the challenges of the pandemic, across all specialties, disciplines and career stages.

Commenting on the achievement, Nimish Trivedi, Co-Founder & CEO, Prakriti E-Mobility Private Limited said, «Prakriti E-Mobility was created with a goal to start a global revolution in the mobility industry. We are building a company that deeply contributes towards the well-being and happiness of all the lives it touches starting from its people to the environment it belongs to. Receiving this award is a testimony to the efforts that went into bringing this core idea into fruition. We thank the Achievers’ Awards for recognizing our efforts and contributions in building a better tomorrow.»

Last year, Prakriti E-Mobility Private Limited, in association with the Delhi Government launched the Jeevan Seva app to aid Delhi’s COVID patients and their families for their safe commute to hospitals and health care facilities in the city. The Jeevan Seva app, powered by EVERA uses Electric Vehicles as an ambulance to transfer non-critical cases to health care facilities within Delhi free of cost.

Nimish Trivedi, added, «The Jeevan Seva app is the first ever initiative to help COVID patients in home isolation to reach healthcare facilities in EV cabs while taking care of the patients and planet with its zero emission cabs. We are pleased to work with the Delhi Government to launch this great initiative and hope that it will help us in fighting the ongoing pandemic.»

Prakriti E-Mobility, through Jeevan Seva app, has already served more than 30,000 non-critical & COVID patients till now. The app has added efficiency to Delhi’s Emergency Commute Services enabling ambulances to be more available to cater to serious requests in time.

About Prakriti:

Prakriti has been established with a goal to start a global revolution in the industry of commercially used electric vehicles (EVs). We thrive to combat climate change and reduce the carbon footprint while enhancing the user experience for customers. Our unique app-based taxi service will not only get customers from Point A to Point B, but will also contribute for the greater good of the planet. This app will allow users to book cabs that are all electric. As a result, their journey will give off no emissions and will help reduce the carbon footprint one journey at a time. We have also worked on the short comings of other cab services for to optimize the user experience for customers. Some of our key features include:

  • 0 Surge Charge: No amount of traffic or demand will bring about a change in the cost of the journey. As a result, customers can book cabs without worrying about absurd prices.
  • No Cancellations: Our drivers are trained professional who are on duty if on the app. Only customers have the ability to cancel their trip.
  • No Emissions: As our fleet will be all electric, the cars will release no emissions in their lifespan. As a result, cities will eventually be able to breathe easy without worrying about toxics fumes from exhaust pipes.
  • In-House Fleet Management

Photo: https://mma.prnewswire.com/media/1422051/Prakriti_Awards.jpg

Black and Hispanic/Latinx Americans Less Confident in Ability to Access COVID-19 Vaccines, Treatments and Healthcare than White Americans, Finds Quest Diagnostics Health Trends™ Analysis

SECAUCUS, N.J., Jan. 18, 2021 /PRNewswire/ — A new Quest Diagnostics Health Trends™ study finds that Black and Hispanic/Latinx Americans are nearly two times as likely as White Americans to say their access to COVID-19 vaccines, treatments and healthcare, once available, is worse than other racial/ethnic groups.

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SECAUCUS, N.J., Jan. 18, 2021 /PRNewswire/ — A new Quest Diagnostics Health Trends™ study finds that Black and Hispanic/Latinx Americans are nearly two times as likely as White Americans to say their access to COVID-19 vaccines, treatments and healthcare, once available, is worse than other racial/ethnic groups.

The study, titled COVID-19: Magnifying Racial Disparities in U.S. Healthcare, is based on a nationally representative survey conducted online by The Harris Poll on behalf of Quest Diagnostics (NYSE: DGX).  

«COVID-19 has exacerbated long-standing inequities in healthcare, particularly among communities of color. Our new Health Trends research reveals people perceive, trust and engage with the healthcare system for COVID-19 differently depending on race and ethnicity,» said Harvey W. Kaufman, M.D., Senior Medical Director, Head of the Health Trends Research Program for Quest Diagnostics. «Importantly, it also reveals they expect America’s COVID-19 experience will lead to meaningful change in healthcare. Policy makers and providers should take these insights to heart, particularly as our country embarks on an unprecedented vaccination campaign.» 

COVID-19: Magnifying Racial Disparities in U.S. Healthcare reveals racial divides in perceptions of access to healthcare and trust during the pandemic. 

Select findings below: 

Black and Hispanic/Latinx Americans lack confidence in access to COVID-19 vaccines, therapeutics and diagnostics  

  • Black and Hispanic/Latinx Americans are nearly two times as likely to say their access to COVID-19 vaccines, once available, is worse than other racial/ethnic groups, compared to White Americans (Black, 21%; Hispanic/Latinx, 17%; White 9%).
  • In addition, a larger proportion of Black and Hispanic/Latinx Americans felt access to COVID testing (15%, Black; 17%, Hispanic/Latinx vs. 8% White), COVID therapeutics (22%; 19% vs. 10%), quality preventative care during COVID (23%; 17% vs. 9%) and quality COVID-19 care (20%; 15% vs. 9%) is inferior to access for people of other races.

Fewer Black and Hispanic/Latinx Americans trust they would receive equitable life-saving COVID-19 care  

  • A much higher percentage of White Americans (84%) are confident that they would receive the same life-saving care as people of other races or ethnicities if they contracted COVID-19. Conversely, only 67% of Hispanic/Latinx Americans and 64% of Black Americans share this confidence.
  • Fewer Black Americans (79%) and Hispanic/Latinx Americans (71%) trust their doctors would do everything possible to save their life if diagnosed with COVID-19 than White Americans (85%).
  • The survey found that 42% of Black Americans are more scared of getting COVID-19 than a delayed diagnosis for cancer, compared to only 33% of White Americans.

Lack of preventative care may fuel concern in undiagnosed conditions 

  • One in two Black Americans (49%) are concerned they currently have an undiagnosed health condition, compared to only 39% of White Americans.
  • A majority of Americans (60%) have skipped or delayed some in-person medical treatments or appointments during the COVID-19 pandemic, especially Hispanic/Latinx Americans (67%, compared to White and Black Americans at 59% and 58%, respectively).

The study also found that 52% of Americans expect actions will be taken to address racial disparities in healthcare in the wake of COVID-19. 

«Our society is at an inflection point in terms of publicly and openly acknowledging, accepting and acting to eliminate racial disparities in healthcare,» said Gary A. Puckrein, Ph.D., President and Chief Executive Officer of the National Minority Quality Forum. «This Quest Diagnostics research underscores the lack of trust and access to healthcare in minority communities. It’s vital for organizations – both public and private – to step off the sidelines and get into the game to take steps to build a more equitable healthcare system for all Americans. By sharing data and insights that demonstrate the depth and breadth of racial disparities, Quest Diagnostics is taking meaningful action to help solve the larger population health crisis that COVID-19 has further exposed.» 

The analysis follows a Health Trends report issued last month that found that a majority of all Americans (74%) have avoided or delayed getting a diagnostic COVID-19 test when they believed they needed one (Black, 72%; Hispanic/Latinx, 83%; White 72%). 

Addressing Racial Disparities in Health 
«2021 provides a moment to illuminate pathways forward to addressing inequities so people can access quality COVID-19 care and other services regardless of race or ethnicity,» said Harvey W. Kaufman, M.D., Senior Medical Director, Head of the Health Trends Research Program for Quest Diagnostics. «COVID-19 has increased the moral imperative and urgency to address racial and ethnic disparities in healthcare, including issues of access and bias.» 

To help address disparities now and in the future, Quest Diagnostics is working immediately to improve the equitable allocation of diagnostic testing. One of these strategies involves tailoring outreach through collaborations to encourage vulnerable communities to get back to care, in part to help better control the chronic conditions that increase risk for severe illness due to COVID-19. Insights from this study have informed additional steps Quest Diagnostics will take to improve health equity, reduce racial bias in healthcare and build trust with communities of color. 

In August 2020, Quest Diagnostics announced Quest for Health Equity, a national initiative to address and reduce health disparities in underserved communities, including those impacted by COVID-19. The multi-year initiative involves a commitment of more than $100 million in resources by Quest Diagnostics and the Quest Diagnostics Foundation for a combination of testing services, education programs, collaborations, and direct financial support. The initiative builds on the company’s relationships with federally qualified health centers (FQHCs), through which it provides COVID-19 testing and other laboratory services to underserved communities across the United States. 

In addition, in response to inequities highlighted by COVID-19, the company’s Health Trends team has published peer-reviewed research, based on the company’s de-identified laboratory data, on racial/ethnic differences in COVID-19 testing results. This includes a recent study that found that largely Black non-Hispanic and Hispanic populations in the United States have the highest COVID-19 test positivity rates.

«COVID-19 highlighted existing health disparities and the enormity of the problem. Too many Americans from our most vulnerable communities are disproportionately impacted and too many lack access to care and COVID-19 and other diagnostic testing amidst a pandemic,» said Ruth Clements, Vice President and General Manager of Infectious Diseases and Immunology and leader for Quest for Health Equity at Quest Diagnostics. «At Quest, we believe in equal access to COVID-19 testing and important preventative diagnostic services. Through our community collaborations like Choose Healthy Life with the Black clergy and FQHCs we are striving to bring health equity to populations in need.»

Methodology 
On behalf of Quest Diagnostics, The Harris Poll conducted an online survey of 2,050 adults 18 years and older across the United States from November 10-12, 2020. The survey sample included 337 Hispanic/Latinx, 265 Black and 1,278 White adults. Figures for age by sex, region, education, household size, marital status and household income were weighted by race/ethnicity where necessary to make them representative of their actual proportions in the population. The Harris Poll is one of the longest running surveys in the U.S. tracking public opinion, motivations and social sentiment since 1963 that is now part of Harris Insights & Analytics, a global consulting and market research firm that delivers social intelligence for transformational times. 

About Quest Diagnostics Health Trends™ 
Quest Diagnostics Health Trends™ is a series of scientific reports that provide insights into health topics, based on analysis of objective clinical laboratory data, to empower better patient care, population health management and public health policy. The reports are based on the Quest Diagnostics database of 48 billion de-identified laboratory test results, believed to be the largest of its kind in healthcare. Health Trends has yielded novel insights to aid the management of allergies and asthma, prescription drug monitoring, diabetes, Lyme disease, heart disease, influenza and workplace wellness. Quest Diagnostics also produces the Drug Testing Index (DTI)™, a series of reports on national workplace drug positivity trends based on the company’s employer workplace drug testing data.  www.QuestDiagnostics.com/HealthTrends 

About COVID-19 Testing at Quest Diagnostics 
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world’s largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. For the latest developments with our COVID-19 testing, visit:  newsroom.questdiagnostics.com/COVIDTestingUpdates 

About Quest Diagnostics 
 Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world’s largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com  Follow us on social media: Linkedin, Twitter, Facebook and Instagram. 

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SOURCE Quest Diagnostics

Electric Motor Market Revenue to Hit $195.2 Billion by 2030: P&S Intelligence

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

<img id="prnejpg0551left" title="P&S Intelligence Logo" border="0" alt="P&S Intelligence Logo"…

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

P&S Intelligence Logo

The market is growing due to the:

  • Increasing sales of electric vehicles
  • Rising government efforts for encouraging the adoption of electric vehicles

The increasing government efforts for enhancing the adoption of electric vehicles is a key driving factor of the electric motor market. Governments of several countries are offering tax incentives and subsidies on the purchase of electric vehicles and are implementing strict emission laws on traditional ICE vehicles. For example, China has been providing a subsidy of over $10,000 per EV since 2017. Similarly, the Indian government is also aiming to have a considerable EV fleet by 2030, for which the National Electric Mobility Mission Plan 2020 was launched in 2012.

Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/electric-motor-market/report-sample

On the basis of output power, the integral horsepower division is expected to register the higher CAGR of 6.5% during 2020–2030. The output power of integral-HP motors is 1 or more HP, owing to which, their demand is rising from the commercial and industrial sectors. In terms of applications, the motor vehicle category held the major share of the electric motor market in the past. The demand for electric vehicles is growing in order to reduce the rate of environmental degradation and implementation of strict emission-control laws.

Browse report overview with COVID-19 impact analysis on Electric Motor Market Research Report: By Motor Type (AC Motor, DC Motor, Hermetic Motor), Output Power (Fractional Horsepower, Integral Horsepower), Application (Motor Vehicle, Industrial Machinery, HVAC Equipment, Transportation, Household) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/electric-motor-market

When motor type is taken into consideration, the AC division is predicted to witness the higher CAGR in the years to come. These motors can operate a higher voltages, thereby resulting in the reduction in the size of wire. Other than this, these motors also offer higher torque and speed. It is further easier to maintain AC motors, thereby making them the popular choice over direct current motors. It is predicted that the production of EVs will rise post the current pandemic situation, which will further result in the increasing sales of AC motors.

Geographically, the Asia-Pacific (APAC) region held the major share of the electric motor market in the past, and is further predicted to register the highest CAGR in the years to come as well. With China at the leading position, APAC is the largest producer of electric vehicles in the world. The production of these vehicles in further increasing in countries such as India, where the FAME scheme is offering a number of benefits to people who purchase EVs. This is predicted to drive the regional domain in the near future.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=electric-motor-market

Some of the key players operating in the domain are Toshiba Corporation, Siemens AG, Emerson Electric Co., DENSO Corporation, Wolong Holding Group Co. Ltd., Mitsubishi Electric Corporation, Johnson Electric Holdings Limited, Robert Bosch GmbH, ABB Ltd., AMETEK Inc., Franklin Electric Co. Inc., Regal Beloit Corporation, Nidec Corporation, WEG Industries, Mitsuba Corporation, and Rockwell Automation Inc.

Browse More Reports

Stepper Motor Market

The Asia-Pacific region held the largest revenue share in 2019 in the stepper motor market, and it is expected to maintain its dominance during the forecast period.

https://www.psmarketresearch.com/market-analysis/stepper-motor-market

Commercial Refrigeration Equipment Market

Asia-Pacific would witness the highest value CAGR in the commercial refrigeration equipment market during the forecast period. This is attributed to the booming population and increasing purchasing power in the region.

https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg  

Electric Motor Market Revenue to Hit $195.2 Billion by 2030: P&S Intelligence

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

<img id="prnejpg0551left" title="P&S Intelligence Logo" border="0" alt="P&S Intelligence Logo"…

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

P&S Intelligence Logo

The market is growing due to the:

  • Increasing sales of electric vehicles
  • Rising government efforts for encouraging the adoption of electric vehicles

The increasing government efforts for enhancing the adoption of electric vehicles is a key driving factor of the electric motor market. Governments of several countries are offering tax incentives and subsidies on the purchase of electric vehicles and are implementing strict emission laws on traditional ICE vehicles. For example, China has been providing a subsidy of over $10,000 per EV since 2017. Similarly, the Indian government is also aiming to have a considerable EV fleet by 2030, for which the National Electric Mobility Mission Plan 2020 was launched in 2012.

Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/electric-motor-market/report-sample

On the basis of output power, the integral horsepower division is expected to register the higher CAGR of 6.5% during 2020–2030. The output power of integral-HP motors is 1 or more HP, owing to which, their demand is rising from the commercial and industrial sectors. In terms of applications, the motor vehicle category held the major share of the electric motor market in the past. The demand for electric vehicles is growing in order to reduce the rate of environmental degradation and implementation of strict emission-control laws.

Browse report overview with COVID-19 impact analysis on Electric Motor Market Research Report: By Motor Type (AC Motor, DC Motor, Hermetic Motor), Output Power (Fractional Horsepower, Integral Horsepower), Application (Motor Vehicle, Industrial Machinery, HVAC Equipment, Transportation, Household) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/electric-motor-market

When motor type is taken into consideration, the AC division is predicted to witness the higher CAGR in the years to come. These motors can operate a higher voltages, thereby resulting in the reduction in the size of wire. Other than this, these motors also offer higher torque and speed. It is further easier to maintain AC motors, thereby making them the popular choice over direct current motors. It is predicted that the production of EVs will rise post the current pandemic situation, which will further result in the increasing sales of AC motors.

Geographically, the Asia-Pacific (APAC) region held the major share of the electric motor market in the past, and is further predicted to register the highest CAGR in the years to come as well. With China at the leading position, APAC is the largest producer of electric vehicles in the world. The production of these vehicles in further increasing in countries such as India, where the FAME scheme is offering a number of benefits to people who purchase EVs. This is predicted to drive the regional domain in the near future.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=electric-motor-market

Some of the key players operating in the domain are Toshiba Corporation, Siemens AG, Emerson Electric Co., DENSO Corporation, Wolong Holding Group Co. Ltd., Mitsubishi Electric Corporation, Johnson Electric Holdings Limited, Robert Bosch GmbH, ABB Ltd., AMETEK Inc., Franklin Electric Co. Inc., Regal Beloit Corporation, Nidec Corporation, WEG Industries, Mitsuba Corporation, and Rockwell Automation Inc.

Browse More Reports

Stepper Motor Market

The Asia-Pacific region held the largest revenue share in 2019 in the stepper motor market, and it is expected to maintain its dominance during the forecast period.

https://www.psmarketresearch.com/market-analysis/stepper-motor-market

Commercial Refrigeration Equipment Market

Asia-Pacific would witness the highest value CAGR in the commercial refrigeration equipment market during the forecast period. This is attributed to the booming population and increasing purchasing power in the region.

https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg  

Electric Motor Market Revenue to Hit $195.2 Billion by 2030: P&S Intelligence

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

<img id="prnejpg0551left" title="P&S Intelligence Logo" border="0" alt="P&S Intelligence Logo"…

NEW YORK, Jan. 18, 2021 /PRNewswire/ — The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence.

P&S Intelligence Logo

The market is growing due to the:

  • Increasing sales of electric vehicles
  • Rising government efforts for encouraging the adoption of electric vehicles

The increasing government efforts for enhancing the adoption of electric vehicles is a key driving factor of the electric motor market. Governments of several countries are offering tax incentives and subsidies on the purchase of electric vehicles and are implementing strict emission laws on traditional ICE vehicles. For example, China has been providing a subsidy of over $10,000 per EV since 2017. Similarly, the Indian government is also aiming to have a considerable EV fleet by 2030, for which the National Electric Mobility Mission Plan 2020 was launched in 2012.

Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/electric-motor-market/report-sample

On the basis of output power, the integral horsepower division is expected to register the higher CAGR of 6.5% during 2020–2030. The output power of integral-HP motors is 1 or more HP, owing to which, their demand is rising from the commercial and industrial sectors. In terms of applications, the motor vehicle category held the major share of the electric motor market in the past. The demand for electric vehicles is growing in order to reduce the rate of environmental degradation and implementation of strict emission-control laws.

Browse report overview with COVID-19 impact analysis on Electric Motor Market Research Report: By Motor Type (AC Motor, DC Motor, Hermetic Motor), Output Power (Fractional Horsepower, Integral Horsepower), Application (Motor Vehicle, Industrial Machinery, HVAC Equipment, Transportation, Household) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/electric-motor-market

When motor type is taken into consideration, the AC division is predicted to witness the higher CAGR in the years to come. These motors can operate a higher voltages, thereby resulting in the reduction in the size of wire. Other than this, these motors also offer higher torque and speed. It is further easier to maintain AC motors, thereby making them the popular choice over direct current motors. It is predicted that the production of EVs will rise post the current pandemic situation, which will further result in the increasing sales of AC motors.

Geographically, the Asia-Pacific (APAC) region held the major share of the electric motor market in the past, and is further predicted to register the highest CAGR in the years to come as well. With China at the leading position, APAC is the largest producer of electric vehicles in the world. The production of these vehicles in further increasing in countries such as India, where the FAME scheme is offering a number of benefits to people who purchase EVs. This is predicted to drive the regional domain in the near future.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=electric-motor-market

Some of the key players operating in the domain are Toshiba Corporation, Siemens AG, Emerson Electric Co., DENSO Corporation, Wolong Holding Group Co. Ltd., Mitsubishi Electric Corporation, Johnson Electric Holdings Limited, Robert Bosch GmbH, ABB Ltd., AMETEK Inc., Franklin Electric Co. Inc., Regal Beloit Corporation, Nidec Corporation, WEG Industries, Mitsuba Corporation, and Rockwell Automation Inc.

Browse More Reports

Stepper Motor Market

The Asia-Pacific region held the largest revenue share in 2019 in the stepper motor market, and it is expected to maintain its dominance during the forecast period.

https://www.psmarketresearch.com/market-analysis/stepper-motor-market

Commercial Refrigeration Equipment Market

Asia-Pacific would witness the highest value CAGR in the commercial refrigeration equipment market during the forecast period. This is attributed to the booming population and increasing purchasing power in the region.

https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

 

Cision View original content:http://www.prnewswire.com/news-releases/electric-motor-market-revenue-to-hit-195-2-billion-by-2030-ps-intelligence-301210000.html

SOURCE P&S Intelligence