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Automotive Brake System Market worth $38.48 Bn, Globally, by 2026 at 7.5% CAGR: Allied Market Research

Increase in demand for safety features in automobiles, technological advancements in safety features, and stringent government mandates for vehicles safety drive the growth of the global automotive brake system market

PORTLAND, Ore., Oct. 22, 2020 /PRNewswire/ — Allied Market Research published a report titled, «Automotive Brake System Market by…

Increase in demand for safety features in automobiles, technological advancements in safety features, and stringent government mandates for vehicles safety drive the growth of the global automotive brake system market

PORTLAND, Ore., Oct. 22, 2020 /PRNewswire/ — Allied Market Research published a report titled, «Automotive Brake System Market by Type (Disc and Drum), Technology (Antilock Braking System (ABS), Traction Control System (TCS), Electronic Stability Control (ESC), and Electronic Brake Force Distribution (EBD)), Vehicle Type (Passenger ICE Vehicle, Commercial ICE Vehicle, and Electric Vehicle), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2019–2026.» According to the report, the global automotive brake system industry was estimated at $22.03 billion in 2018, and is expected to hit $38.48 billion by 2026, registering a CAGR of 7.5% from 2019 to 2026.

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Drivers, restraints, and opportunities-

Rise in demand for safety features in automobiles, technological advancements in safety features, and stringent government mandates for vehicles safety drive the growth of the global automotive brake system market. On the other hand, high installation and maintenance cost hamper the growth of the market. Nevertheless, development of advanced braking systems for two wheelers and expansion in untapped market of developing countries are expected to create lucrative opportunities in the near future.

COVID-19 scenario-

  • The global lockdown forced the companies in automotive sector to suspend the production at factories.
  • According to India Ratings and Research, the global dependency on China for major automobiles and parts would be affected as China is the epicenter of the outbreak and major manufacturing hub of automobiles and auto parts.
  • The global pandemic has also affected the global supply chain in automobile sector and companies have witnessed a major decrease in the sales.

Get Detailed COVID-19 Impact Analysis on the Automotive Brake System Market Request Here!

The drum segment to maintain the lion’s share by 2026-

Based on type, the drum segment contributed to nearly three-fifths of the global automotive brake system market revenue in 2018, and is expected to retain its dominance by the end of 2026. In addition, the segment would register the fastest CAGR of 8.2% throughout the forecast period. Drum brake provides more braking force and have increased friction contact area than disc brakes which drives the growth of the market.

The aftermarket segment to dominate during the estimated period-

Based on sales channel, the aftermarket segment accounted for more than half of the global automotive brake system market share in 2018, and is anticipated to rule the roost during the study period. In addition, the segment is anticipated to manifest the fastest CAGR of 8.0% from 2019 to 2026. The continuous improvement and innovation in the automotive end user attracts a wide range of customers which in turn augments the growth of the segment.

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Asia-Pacific to dominate in terms of revenue, North America to grow significantly-

Based on region, Asia-Pacific held the largest share in 2018, garnering more than half of the global automotive brake system market. Furthermore, the region is projected to manifest the fastest CAGR of 8.1% by 2026. Growing demand for safety features, government mandates for safety features makes Asia-Pacific the fastest growing region. On the other hand, North America is anticipated to manifest the CAGR of 6.2% by 2026.

Key Market Players-

  • Autoliv Inc.
  • Continental AG
  • Delphi Technologies
  • Denso Corporation
  • Nissin Kogyo Co., Ltd
  • Robert Bosch GmbH
  • WABCO
  • ZF Friedrichshafen AG
  • Aisin Seiki Co., Ltd.

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Similar Reports: (15% Discount – Limited Offer)

Air Brake System Market 2020-2026: The global air brake system market is segmented based on type, component, vehicle type, and region.

Autonomous Emergency Braking System Market 2020-2023: The automobile collision avoidance system market is segmented based on type, technology, application, and region.

Drive by Wire Market 2020-2026: The global drive by wire market is segmented into application, vehicle type, component and region.

Pre-book Offer 12% Discount:

Brake Systems Market 2020-2026: The global brake systems market is driven by increase in vehicles, use of highly specialized cranes for construction, rise in drilling & exploration of oil & gas, and strict reforms in traffic implementation.

Aircraft Braking System Market 2020-2027: This reports segments the global aircraft braking system market into component, type of brake, fit, and endusers.

Brake Override System Market 2020-2027: The brake override system market is segmented on the basis of sensor technology, vehicle type, and geography.

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DEKRA is Committed to Sustainability

– Expert organization has a consequent 2025 sustainability strategy

STUTTGART, Germany, Oct. 22, 2020 /PRNewswire/ —

  • DEKRA joins two major initiatives: the UN Global Compact and RE100
  • Support for the UN Sustainable Development Goals (SDGs)
  • Measurable targets for climate protection and social responsibility
  • New DEKRA Sustainability Magazine 2019/2020 sets out progress

DEKRA is sharpening its focus on sustainability even more….

– Expert organization has a consequent 2025 sustainability strategy

STUTTGART, Germany, Oct. 22, 2020 /PRNewswire/ —

  • DEKRA joins two major initiatives: the UN Global Compact and RE100
  • Support for the UN Sustainable Development Goals (SDGs)
  • Measurable targets for climate protection and social responsibility
  • New DEKRA Sustainability Magazine 2019/2020 sets out progress

DEKRA is sharpening its focus on sustainability even more. The world’s largest non-listed expert organization is making a concerted effort to become a sustainability leader by 2025. Sustainability targets to be met by the company’s 100th anniversary show the way. In addition, DEKRA is committed to the ten principles of the United Nations Global Compact. The new Sustainability Magazine 2019/20 is out now and sets out significant progress and best practices in the DEKRA Group.

«The expert organization DEKRA has been thinking and operating sustainably for 95 years. Safe handling of technology and protection of people and the environment are in our DNA,» said Stefan Kölbl, Chairman of the Management Board of DEKRA e.V. and DEKRA SE. «Yet sustainability and the preservation of resources have never had as much global importance and relevance as they do today.  Responsibility to society, humankind and nature, and making the future fit for generations to come – these are the values that we will be measured by in the future.»

As a strategic measure, DEKRA has committed itself to the principles of the UN Global Compact. On the basis of ten universal principles and the Sustainable Development Goals (SDGs), DEKRA now supports the vision of a sustainable global economy.  Furthermore, DEKRA has joined the RE100 initiative, which involves a commitment to switch entirely to renewable energies by 2050. DEKRA aims to achieve this goal by 2025.

www.dekra.com/en/sustainability

www.dekra.com/en/sustainability-magazine

Read full version:
www.dekra.com/en/newsroom

Contacts:
Tilman Vögele-Ebering 
+49-711-7861-2122
+49-711-7861-742122
tilman.voegele-ebering@dekra.com

DEKRA e.V.
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70565 Stuttgart, Germany
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Brandenburgische Technische Universität and Delta Pave the Way for a Future Smart Grid for eMobility

HOOFDDORP, Netherlands, Oct. 22, 2020 /PRNewswire/ — Delta, a global leader in power and thermal management solutions, today announced it is collaborating with Brandenburgische Technische Universität[1] on an on-site proof-of-concept designed to test the feasibility of enabling a smart grid capable of balancing the power demand/supply between grid operators and electric vehicle (EV) owners. Delta’s EV charging infrastructure solutions, which include six 100kW Ultra Fast EV chargers and three…

HOOFDDORP, Netherlands, Oct. 22, 2020 /PRNewswire/ — Delta, a global leader in power and thermal management solutions, today announced it is collaborating with Brandenburgische Technische Universität[1] on an on-site proof-of-concept designed to test the feasibility of enabling a smart grid capable of balancing the power demand/supply between grid operators and electric vehicle (EV) owners. Delta’s EV charging infrastructure solutions, which include six 100kW Ultra Fast EV chargers and three vehicle-to-grid (V2G) bi-directional EV chargers, provide the foundation technology required for a viable end-to-end power management system that tightly couples the EV’s storage to a realistic simulation of the main electricity grid on the distribution network operator (DNO) level.

Prof. Dr.-Ing. Harald Schwarz from Brandenburgische Technische Universität stated, «We appointed Delta Electronics as an industry partner for this collaboration because of its diverse range of hardware and software EV charging solutions plus its ability to manage a project of this nature to a very high standard. Our choice has been more than justified.»

Vincent Lin, senior director of e-Mobility & Smart Energy Solutions business development, Delta EMEA, added, «Delta is proud to have been selected for this project by Brandenburgische Technische Universität. It is an honour to help lead such an important and innovative development and one which will help move the world to a more productive use of renewable power supplies.» 

The challenge is to prove to the EV community that drivers will always have the power they need when they need it and the grid operators will be able smooth their loading, reduce CO2 emissions, enhancing the stability of the grid, and remove the need for major grid investments. To address this, the project comprises EVs (and their users), ultra-fast charging points for fast charging to their EVs, V2G bi-directional EV chargers for grid stability and decrease the power transmission within and between the power clusters, a simulation of a Smart grid – which is constantly fed with data from a real grid during archiving of the most recent grid status – and the software that is needed at every point along the chain.

Delta provided the project with six 150 kW Ultra-Fast EV Chargers and three V2G bi-directional EV chargers. The hardware is spread between the three participating institutions: Brandenburgische Technische Universität Cottbus-Senftenberg (BTU); Universität Potsdam; and Hochschule für nachhaltige Entwicklung Eberswalde (HNEE). Delta is also currently leading the development of a new communication and charge-point management backend system required at many points in the process, and which is expected to be completed by the end of 2020.  The system is designed to be used at every point, both behind the scenes for control of – and communication between – devices, and at the human interfaces, including the EV drivers (via their smartphones), the charge point operators and the grid controllers. Delta attaches particular importance to using standardized software interfaces and open communication protocols. This simplifies the integration of the software to be developed into the ecosystem of e-mobility.

Delta was chosen for its deep experience in developing EV charging systems and control software. Delta’s background means that its technologies and skills closely match the technical requirements of the research project. It also lends its considerable software project leadership expertise to the development of the new applications needed to control energy flows to where they’re most needed.

With Delta’s considerable help, test vehicles are deployed to help understand the implications and opportunities for the blending of e-mobility with the electricity supply grid. Based on the results it generates, the project is expected to bring benefits to the Brandenburg community in terms of better EV infrastructure.

About Delta

Delta, founded in 1971, is a global provider of switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data centre infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, «To provide innovative, clean and energy-efficient solutions for a better tomorrow,» Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centres and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 9 consecutive years. Delta also ranked a Climate Change Leadership Level by CDP for the 3rd year in 2019.

For further information about Delta, please visit www.delta-emea.com.

[1] https://www.b-tu.de/en/fg-evh

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Torsus Reveals Praetorian School Bus: For The Route To School That Requires No Roads

PRAGUE, Oct. 22, 2020 /PRNewswire/ —

PRAGUE, Oct. 22, 2020 /PRNewswire/ —

  • TORSUS PRAETORIAN SCHOOL BUS revealed as the most extreme school bus in the world
  • Most challenging school runs in the harshest environments around the world can be completed in comfort and safety with PRAETORIAN SCHOOL BUS
  • SCHOOL BUS features heavy-duty off-road features from standard PRAETORIAN, boasting raised ride height with huge ground clearance, 4×4 drive and rugged uprated tyres
  • Specially adapted seats covered with protective coating made to rigorous TORSUS standards
  • Large passenger capacity bus can carry 35 children safely in the most inhospitable conditions
  • For more information, please visit www.torsus.eu

TORSUS has revealed the PRAETORIAN SCHOOL BUS, an extreme and special-made version the durable, heavy-duty and versatile PRAETORIAN intended for the toughest school run routes in the world.

The SCHOOL BUS edition of the PRAETORIAN is ready to carry schoolchildren across some of the world’s most rugged environments in comfort and safety. Based on the same platform as the standard PRAETORIAN model, the SCHOOL BUS edition retains all of the off-road features that make the TORSUS vehicle a durable off-road all-rounder. The heightened ground clearance of the bus allows the PRAETORIAN to clear obstacles with ease, while the 4×4 drive adds to its capability in challenging conditions.

The PRAETORIAN SCHOOL BUS by TORSUS can carry up to 35 children on any of the world’s toughest school run routes, whether on- or off-road. Special features include bespoke original seats styled around mathematics and science designs. The seats are covered with a polymer protective coating, made to rigorous TORSUS standards, equipped with a seat belt suitable for all ages while optional extras for the seats include a foldable armrest and hip support bar on the aisle side.

The TORSUS PRAETORIAN is built for world’s toughest jobs and to transport personnel and equipment across inhospitable terrain in any conditions. The PRAETORIAN is based on an upgraded heavy-duty MAN chassis and is powered by MAN engines and drivetrain. The SCHOOL BUS edition of the vehicle features uprated off-road Michelin tyres and coating on body parts meaning that PRAETORIAN is engineered to take on any terrain, on any terrain, anywhere in the world.

Vakhtang Dzhukashvili, CEO of TORSUS, said: «The PRAETORIAN by TORSUS is made to be adaptable and versatile, so naturally we are looking at other ways the bus can be used in various situations around the world. The school bus was one of the first ideas we had, as the PRAETORIAN is a safe and solid vehicle that we know can keep its occupants protected in even the most testing of conditions. Wherever in the world customers might need a school bus solution for safely and efficiently driving on testing terrain, the PRAETORIAN SCHOOL BUS is an option that will deliver every time.»

Media Contacts

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Ben Lewis

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Airbiquity Launches OTAmatic Vehicle Configurator to Help Automakers Manage Connected Vehicle Software

New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets

SEATTLE, Oct. 22, 2020 /PRNewswire/ — Airbiquity®, the global leader of connected vehicle services, today launched its <a target="_blank"…

New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets

SEATTLE, Oct. 22, 2020 /PRNewswire/ — Airbiquity®, the global leader of connected vehicle services, today launched its OTAmatic® Vehicle Configurator, a tool for defining and managing connected vehicle software. The OTAmatic Vehicle Configurator gives automakers insight into the exact hardware and software configurations within a vehicle, manage known combinations of electronic control units (ECUs) and software versions in vehicles, and meet emerging government compliance requirements for type certified vehicle systems.

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In recent years, the number of vehicle ECUs receiving software updates via over-the-air (OTA) technology has been steadily increasing, making it difficult for automakers to track and manage software configurations across their fleets. As these ECUs receive OTA software updates over time, different software permutations will appear in the field as not all vehicles will be updated at the same time. This results in a multitude of software combinations which need to be tracked and managed by the automaker for vehicle maintenance and regulatory compliance.

The OTAmatic Vehicle Configurator gives automakers the power to address these issues and better control the software configurations in their vehicles. The OTAmatic Vehicle Configurator:

  • Deploys software only in approved combinations. Minimizes unanticipated issues by ensuring software contained in tens to hundreds of independent ECUs in a vehicle are limited to prevalidated configurations tested and approved by automakers.
  • Provides a breakdown of vehicles in the field. Reports the exact version of software and hardware installed in vehicles so automakers can understand the state of their vehicle fleets.
  • Displays a history of vehicle configurations. Allows automakers to compare configurations for vehicle lines or individual vehicles to understand changes over time.
  • Works with Airbiquity’s OTAmatic software management system. Configuration candidates can automatically be created from factory feeds of newly manufactured vehicles or by importing Bill of Materials (BOMs) using a web-based tool, then provided to automakers for review and approval. Configurations can also be provided for review when a vehicle reports a new combination from the field.
  • Works with non-Airbiquity OTA software management systems. Existing OTA systems can be enhanced by Vehicle Configurator integration using supplied APIs.
  • Enables regulatory compliance for tracking type certified vehicle systems. Allows automakers to record the software (RXSWIN) associated with the type certification of a vehicle system and supports UNECE (WP.29) requirements for tracking software updates.

«At Airbiquity, we’re constantly assessing the challenges automakers face and applying our software technology and expertise to address them,» said Keefe Leung, Vice President of Product Management at Airbiquity. «Automakers need to actively understand and manage their connected vehicle software. Our Vehicle Configurator is a powerful tool to bridge disparate pieces of software information based on the context provided by automakers while also delivering automation that integrates to their existing processes.»

«With the ubiquitous deployment of OTA software update capabilities automakers face a challenge in managing software configurations across a wide range of vehicle platforms, components, and markets,» said Alex Oyler, Head of Car IT at SBD Automotive. «To meet emerging regulatory requirements automakers must know which vehicles are running which software versions at all times. Automakers must also prove to regulatory agencies that they have control over their connected ecosystem, and without a high-integrity platform for managing this information they will face regulatory backlash and preventable cybersecurity challenges.»

To learn more about Airbiquity and OTAmatic visit www.airbiquity.com.

About Airbiquity

Airbiquity® is a pioneer in automotive telematics software technology and cloud-based connected vehicle service delivery. Always at the forefront of automotive innovation, Airbiquity concepts, engineers, and deploys the industry’s most advanced connected vehicle solutions. Working with Airbiquity, automakers and automotive suppliers have realized highly scalable, manageable, and secure connected vehicle programs meeting the needs of their customers in over 60 countries around the world. Airbiquity’s latest offering is OTAmatic® for multi-ECU over-the-air (OTA) software and data management featuring vehicle and cloud-based software components and the Uptane security framework for comprehensive cybersecurity protection. Learn more about Airbiquity and OTAmatic at www.airbiquity.com or join the conversation @Airbiquity.

 

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Cara DiFabio
airbiquity@barokas.com

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Growing Concerns around Global Warming Are Set to Drive Hypercar Market Forward: TMR

– Hypercar market players who are eyeing a higher market share have a keen focus on innovation and technological advancement

– Growth rate of hypercar market will be around 6%, compounded annually over the forecast period of 2020 to 2030. Increasing demand for electric vehicles is set to be a notable growth factor

ALBANY, N.Y., Oct. 21, 2020 /PRNewswire/ — The global

– Hypercar market players who are eyeing a higher market share have a keen focus on innovation and technological advancement

– Growth rate of hypercar market will be around 6%, compounded annually over the forecast period of 2020 to 2030. Increasing demand for electric vehicles is set to be a notable growth factor

ALBANY, N.Y., Oct. 21, 2020 /PRNewswire/ — The global hypercar market is set on an upward growth trajectory. The market is anticipated to record a rate of growth of about 6% from 2020 to 2030. It will help the market reach 1.4 million units by the end of this forecast period. A host of growth factors are being noted in the market landscape. These are helping the market grow.

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As per Transparency Market Research, «Global warming is one of the most prominent factors of growth in the global hypercar market. As awareness increases, governments take steps to mitigate impact, bring down their carbon footprint. This is paving way for higher demand of vehicles that are powered by electricity. It does not come as a surprise therefore that technology holds a key place in growth strategies of players operating in the vendor landscape of this market.»

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Key Findings of Global Hypercar Market Study:

  • On the basis of propulsion, segment for IC-engine has held a sizeable share of the global hypercar market in the past
  • Over the forecast period, the electric propulsion market is expected to eat into a part of this share owing to increasing adoption of electric vehicles
  • The segment for 220 mph speed has dominated the market in the past owing to high vehicle efficiency

For a detailed analysis of global hypercar market by speed, propulsion, engine size and region, visit at https://www.transparencymarketresearch.com/hypercar-market.html

Key Drivers of Growth in Global Hypercar Market:

  • Increasing disposable income is a critical factor of growth in the hypercar market over the forecast period
  • Global warming is spurring governments to take appropriate actions to mitigate impact and reduce carbon footprint
  • High performance vehicle are witnessing a significant increase in demand, adding to growth in the market
  • Innovation is set to be a key growth determiner for players and that makes technological advancement a prominent contributor to market growth
  • Increasing investment are paving for future growth of the market, fuelling advancement in machinery and technology

Regional Analysis of Global Hypercar Market:

  • As per Transparency Market Research, Europe will be a very attractive regional market over the forecast period of 2020 to 2030
  • It will grow owing to high environmental consciousness, disposable income and technological awareness, and presence of a prominent consumer base
  • In countries such as Italy, Germany, the United Kingdom, and Spain, robust road infrastructure is enabling growth in a major way

Analyze global hypercar market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Landscape of Global Hypercar Market:

Most significant players, who have successfully made a mark on the global hypercar market are Automobili Lamborghini S.p.A., Bugatti Automobilies S.A.S., Daimler AG, Ferrari S.p.A., Hennessey Performance, Koenigsegg Automotive AB, Maserati, Mazzanti Automobili, McLaren Group Companies, Pagani Automobili S.p.A., Porsche, Rimac, Ultima Sports Ltd., Zenvo Automotive, among others. These have been extensively covered in Transparency Market Research’s report. It also carries other crucial information that can helps market players make better, more profitable decisions.

Noteworthy here is that the players are trying to increase their footprint, geographically. That is being achieved via a slew of organic and inorganic measures. Focus on technological improvement to bring forth innovation is sharp too.

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Global Hypercar Market: Segmentation

  • Hypercar Market, by Speed
    • Up to 220 mph
    • Above 220 mph
  • Hypercar Market, by Propulsion
    • Conventional
    • Electric
      • Battery Electric Vehicle (BEV)
      • Hybrid Electric Vehicle (HEV)
  • Hypercar Market, by Engine Size
    • Compact (Below 1,499cc)
    • Mid-size (1,500-2,499cc)
    • Full-size (Above 2,500cc)
  • Hypercar Market, by Region
    • North America
    • Latin America
    • Europe
    • East Asia Pacific
    • South Asia Pacific
    • Middle East & Africa

Explore Transparency Market Research’s award-winning coverage of the Global Automotive & Transport Industry:

Rocker Arm Assembly Market – The global rocker arm assembly market is expected to expand at a sluggish CAGR of ~1% during the forecast period. The market growth is anticipated to remain sluggish due to the narrow scope of using rocker arms in other industrial sectors apart from the automotive industry. Moreover, the demand for rocker arm assembly is projected to remain steady during the forecast period due to the expanding automotive sector in developing regions, advancements in technology, and increasing focus on producing aluminum-based rocker arm.

Front-end Module Market – The COVID-19 pandemic has hurt sales of automotive vehicles. As such, the front-end module market is projected to register a modest CAGR of ~4% during the assessment period. Manufacturers are entering into joint ventures with automakers to develop region-specific versions of front-end modules. Thermoplastics offer easy-flowing properties during production but are expensive than most standard materials. Hence, manufacturers should use thermoplastics to develop highly integrated hybrid front-end modules, since these materials reduce production costs and deliver freedom in designing.

Power-sports Batteries Market – The global power-sports batteries market is anticipated to grow at a healthy CAGR of ~6% during the forecast period. The market growth is primarily driven by booming electric vehicle sector, augmenting demand for electric vehicles, increasing focus on innovations, and increasing support from the government. The rise in the number of initiatives that promote the development of power-sports batteries is expected to provide a significant boost to the production of power-sports batteries in various regions of the world. Market players should focus on launching innovative, high quality products to gain a competitive edge.

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About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Electric Bike (E-Bike) Market Size is Projected to Grow USD 36,466.04 Million by 2025 | Valuates Reports

BANGALORE, India, Oct. 21, 2020 /PRNewswire/ — According to the Latest Market Research Report «E-Bike Market by Motor Type (Hub Motor, Mid Motor), by Mode (Pedal Assist Mode, Throttle Mode), by Class (Class – I, Class – II, Class – III, Class – IV), by Battery Type (Lead Acid, Lithium-ion, Lithium-ion Polymer), by Products (Pedelecs, Scooter or…

BANGALORE, India, Oct. 21, 2020 /PRNewswire/ — According to the Latest Market Research Report «E-Bike Market by Motor Type (Hub Motor, Mid Motor), by Mode (Pedal Assist Mode, Throttle Mode), by Class (Class – I, Class – II, Class – III, Class – IV), by Battery Type (Lead Acid, Lithium-ion, Lithium-ion Polymer), by Products (Pedelecs, Scooter or Motorcycle, Speed Pedelecs, Throttle on Demand) and Region – Global Forecast to 2025«, published on Valuates Reports. 

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The Global Electric Bike Market size is expected to grow from USD 19,719.54 Million in 2019 to USD 36,466.04 Million by 2025 at a CAGR of 10.78%.

Major factors that are expected to drive the growth of electric bike market size are government support and strict rules in favor of electric bikes. Moreover, the growth of the global market for electric bikes is propelled by a growing user desire to use e-bikes as an eco-friendly and reliable alternative for commuting and growing fuel costs.

Get Detailed Analysis of COVID-19 Impact on E-Bike Market: https://reports.valuates.com/request/sample/360I-Auto-3N194/The_Global_Electric_Bike

TRENDS INFLUENCING THE ELECTRIC BIKE MARKET SIZE

Stringent Emission Norms Imposed by the Government is expected to drive the growth of the electric bike market size. Stringent regulations have been imposed by the governments of different countries on automakers to produce zero-emission vehicles. To build environmentally-friendly vehicles, key OEMs have invested heavily in R&D. Various subsidies, such as tax-free sales of electric bicycles, have been proposed by governments in developed countries. Several government tax-free subsidies have attracted more customers to purchase electric bicycles, which, in turn, are expected to fuel the growth of the electric bicycle market during the forecast period.

The growing interest in cycling as fitness is expected to further fuel the electric bike market size. A paradigm shift in fitness-conscious consumers has driven the interest in cycling as a fitness and leisure activity since riding the electric bike allows to ride longer distances with the same amount of peddling.

Increasing concerns about traffic congestion and government initiatives to reduce traffic congestion are expected to increase the growth of the electric bike market size. The use of electric bicycles for transport in cities is now strongly promoted by several cities. As with a regular or conventional bicycle, electric bicycles take up the same amount of space. The use of e-bikes will minimize the number of cars on the road and result in fewer traffic jams as they occupy the minimum space on the road.

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ELECTRIC BIKE MARKET SHARE ANALYSIS

Due to the increasing adoption of electric bikes for daily commuting, leisure, and fitness activities, the North American electric bicycle market share is expected to see the fastest growth during the forecast period. 

The European region is expected to hold the largest electric bike market share during the forecast period. The European region was dominated by Germany, followed by France and Italy. E-bikes are the preferred mode of mobility in Germany. Innovative product

characteristics, fully integrated batteries and drives, stylish designs, as well as the use of high-quality materials are some of the major factors driving the e-bike market size in this region.

By Region

  • Americas,
  • Asia-Pacific,
  • Europe,
  • Middle East & Africa.

Inquire for Regional Data: https://reports.valuates.com/request/regional/360I-Auto-3N194/The_Global_Electric_Bike 

E-BIKE MARKET SEGMENTATION

Based on Motor Type, the Electric Bike Market studied across

  • Hub Motor
  • Mid Motor.

Based on Mode, the Electric Bike Market studied across

  • Pedal Assist Mode
  • Throttle Mode.

Based on Class, the Electric Bike Market studied across

  • Class-I,
  • Class-Ii,
  • Class-Iii.

Based on Battery Type, the Electric Bike Market studied across

  • Lead Acid,
  • Lithium-Ion,
  • Lithium-Ion Polymer.

Based on Product, the Electric Bike Market studied across

Key Companies

  • Accell Group N.V.,
  • Aima Technology Group Co. Ltd.,
  • Cannondale Bicycle Corporation,
  • Fritzmeier Systems GmbH & Co. KG,
  • Giant Manufacturing Co. Ltd.,
  • Kalkhoff – Derby Cycle Werke GmbH,
  • Merida Industry Co. Ltd,
  • Pedego Electric Bikes,
  • Riese und Müller,
  • Specialized Bicycle Components, Inc.,
  • Trek Bicycle Corporation,
  • Yadea Group Holdings Ltd,
  • Yamaha Motor Company

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THE REPORT PROVIDES INSIGHTS ON THE FOLLOWING POINTERS

  1. Market Penetration: Provides comprehensive information on the market offered by the key players
  2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
  3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
  4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
  5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments.

THE REPORT ANSWERS QUESTIONS SUCH AS

  1. What is the market size and forecast of the Global Electric Bike Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Global Electric Bike Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Electric Bike Market?
  4. What is the competitive strategic window for opportunities in the Global Electric Bike Market?
  5. What are the technology trends and regulatory frameworks in the Global Electric Bike Market?
  6. What are the modes and strategic moves considered suitable for entering the Global Electric Bike Market?

SIMILAR REPORTS

The Folding Electric Bike market is a concerted market; the revenue of the top fifteen manufacturers accounts for about 65% of the total revenue in 2017. The high-end products mainly come from the USA and Europe. The global folding electric bicycle market has been segmented into North America, Europe, China, Japan, RoA, and RoW.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-39Q1190/global-folding-electric-bike  

  • E-Bikes (Wheels With Diameter Of 20 Inch) Market

In 2019, the global Electric Bikes (Wheels With Diameter Of 20 Inch) market size was USD 249.2 Million and it is expected to reach USD 371.3 Million by the end of 2026, with a CAGR of 5.8% during 2021-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4T323/electric-bikes-wheels-with-diameter-of-20-inch

  • Electric Scooter and Motorcycle Market

The global Electric Scooter and Motorcycle market size is projected to reach USD 11320 Million by 2026, from USD 7354.2 Million in 2020, at a CAGR of 7.5% during 2021-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0W159/global-electric-scooter-and-motorcycle

  • Pedelec Market

The global Pedelec market is valued at USD 8500 Million in 2018 and will reach USD 24100 Million by the end of 2025, growing at a CAGR of 16.1% during 2019-2025.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-771/global-pedelec

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SuperCharge – new road-car based global electric motorsport series unveiled

– All-new electric crossover road-car based motorsport series, SuperCharge, unveiled today ahead of planned launch in 2022

– Series calendar targeting eight events across Asia-Pacific, China, Europe, Middle East and USA

– SuperCharge heralds new take on environmental and financially sustainable motorsport

– Next-generation road-car based race cars will boast 500kW/670bhp of power…

– All-new electric crossover road-car based motorsport series, SuperCharge, unveiled today ahead of planned launch in 2022

– Series calendar targeting eight events across Asia-Pacific, China, Europe, Middle East and USA

– SuperCharge heralds new take on environmental and financially sustainable motorsport

– Next-generation road-car based race cars will boast 500kW/670bhp of power and hit 100km/h in just 2.5 seconds, similar to F1 car acceleration

LONDON, Oct. 21, 2020 /PRNewswire/ — SuperCharge (www.supercharge.live), an all-new global motorsport series based on electric crossover road cars, today broke cover on its plans to help shape the new future for motorsport.

 

SuperCharge – new road-car based global electric motorsport series unveiled

 

The inaugural series, planned to start in 2022, will target eight events globally, in cities from Asia-Pacific, China, Europe, Middle East and USA, aiming to provide spectacular racing entertainment and promote the uptake of electric cars.

Designed to appeal to audiences of all ages, SuperCharge has been created, in consultation with some of the world’s leading car manufacturers, as a new racing concept to showcase next-generation electric road cars in the volume and growth part of the market – compact SUVs and crossovers, as well as leading-edge battery technologies. Resetting the relevance and appeal of motorsport, the world’s newest racing series aims to inform, educate and inspire in bustling urban environments, based around an access all areas, fun, informative, festival-style atmosphere.

SuperCharge is based on cars recognisable on the outside as electric road cars the public can, or will be able to, buy. Nevertheless, the race cars, codenamed SC01, will offer awe-inspiring performance. With similar acceleration to a Formula 1 car, they will have up to 500kW power (equivalent to 670bhp) and rocket to 0-100 km/h in a staggering 2.5 seconds.

Set in 1km (approx.) SuperTrack circuits, the action-packed entertainment experience has been carefully crafted to captivate spectators and viewers across the globe. Among the highlights will be a 2.5 ramp that could project the cars up to 10 metres on every lap, plus a water gantry and a SuperLoop lap extension and low friction zones that will allow the cars to slide, drift and touch. A knockout format will pit 16 cars and some of the world’s top drivers drawn from eight teams against each other in a series of 15 quick-fire races, with a maximum of six laps each.

Photo: https://mma.prnewswire.com/media/1315370/SuperCharge.jpg

 

Enterprise Rent-A-Car Opens in Aruba and Panama, Expands in Brazil

Enterprise Plus and Emerald Club Loyalty Programs Offered Across these Popular Destinations 

ST. LOUIS, Oct. 21, 2020 /PRNewswire/ — Enterprise Holdings announced today that its flagship <a target="_blank"…

Enterprise Plus and Emerald Club Loyalty Programs Offered Across these Popular Destinations 

ST. LOUIS, Oct. 21, 2020 /PRNewswire/ — Enterprise Holdings announced today that its flagship Enterprise Rent-A-Car brand has opened its first locations in Aruba and Panama, as well as 25 additional branches in Brazil. The new locations – which are already taking reservations – join the National Car Rental and Alamo Rent A Car brands in all three countries. Enterprise Holdings owns all three brands.

Enterprise Rent-A-Car joins National Car Rental and Alamo Rent A Car in Aruba. The brand has also launched in Panama and expanded in Brazil.

The Enterprise Rent-A-Car branch in Panama is located in Panama City’s Tocumen International Airport – one of the busiest airports in Central America and a key destination for many business travelers. In Aruba, one of the top destinations for leisure travelers from the United States, the new location is at Queen Beatrix International Airport in Oranjestad.

The new branches in Brazil increase Enterprise Rent-A-Car’s presence in the country to 77 locations. The brand has grown rapidly in Brazil, South America’s largest market; all of these locations have opened since its Brazilian launch in 2019.

The openings are all part of the company’s ongoing expansion in Latin America and the Caribbean. Enterprise Rent-A-Car made its debut in the Caribbean in 2014 and expanded into Latin America shortly thereafter.

Customers traveling to Aruba and Panama can enjoy more perks and rewards with the expansion of two loyalty programs: Enterprise Plus through the Enterprise Rent-A-Car brand, and the award-winning Emerald Club through the National Car Rental brand.

«Aruba, Panama and Brazil are integral to our continued global growth, as we seek to serve business and leisure travelers alike wherever they are in the world,» said Peter A. Smith, vice president of global franchising at Enterprise Holdings. «As these destinations reopen for international flights, we’re dedicated to providing our customers a rental process that is safe, convenient and strengthened by our world-class customer service. And, as customers begin to travel again, increasing the availability of Enterprise Plus and Emerald Club is one more way to thank them for their business.»

For more information about Enterprise, visit www.enterprise.com.

About Enterprise
Enterprise Holdings – through its integrated global network of independent regional subsidiaries and franchises – operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands at more than 10,000 fully staffed neighborhood and airport locations. Other transportation services marketed under the Enterprise brand name include Enterprise Car Sales, Enterprise Truck Rental, Enterprise CarShare, Commute with Enterprise, Zimride by Enterprise, Exotic Car Collection by Enterprise, Subscribe with Enterprise and affiliate Enterprise Fleet Management. Combined, Enterprise Holdings and its affiliate Enterprise Fleet Management accounted for $25.9 billion in revenue and owned more than 2 million vehicles throughout the world in fiscal year 2019. Enterprise Holdings currently is ranked as one of America’s Largest Private Companies. Furthermore, if it were publicly traded, Enterprise Holdings would rank on Fortune‘s list of the 500 largest American public companies.

Enterprise Holdings Corporate Brands Logo.

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Logo – https://mma.prnewswire.com/media/557711/Enterprise_Holdings_Corporate_Brands_Logo.jpg

Frost & Sullivan Examines Seven Virtual and Augmented Reality Application Areas Boosted by Global 5G Deployment

Countries at the forefront of 5G deployments are the United States, South Korea, and China

SANTA CLARA, California, Oct. 21, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Empowering the Future of VR/AR Content Consumption through 5G, covers seven virtual reality (VR)/augmented reality (AR) application areas and their use cases. The market overview includes…

Countries at the forefront of 5G deployments are the United States, South Korea, and China

SANTA CLARA, California, Oct. 21, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Empowering the Future of VR/AR Content Consumption through 5G, covers seven virtual reality (VR)/augmented reality (AR) application areas and their use cases. The market overview includes the education and training industries, public sector, automotive, manufacturing/engineering and robotics, healthcare, retail and hospitality, and gaming and entertainment. It also highlights the challenges and barriers to industry-wide VR/AR adoption and finds that the use cases for VR and AR across sectors will increase significantly with the growth in global 5G deployments.

Photo – https://mma.prnewswire.com/media/1317338/Virtual_reality_healthcare.jpg

For further information on this analysis, please visit: http://frost.ly/4ow

«Although the adoption of VR/AR technology outside gaming and entertainment is still in its infancy, immediate work needs to be done to establish the use cases and vision for VR/AR and develop solutions to disrupt the predicted spaces,» said Melody Siefken, Information & Communication Technologies Research Analyst. «Countries at the forefront of 5G deployments are the United States, South Korea, and China, with other countries catching up with either mobile or fixed wireless access to 5G.»

Siefken added: «The need for VR/AR technology to alleviate challenges posed by the global pandemic is immediate but constrained by infrastructure issues such as lack of 5G networks and capable devices.There is an optimistic push for 5G deployments to cater to the rising demand for bandwidth and the need for faster networking speed. With the COVID-19 crisis, there has been a slowdown in the supply chain that could delay 5G deployments, which could ultimately impact the use cases of AR/VR.»

Market participants should focus on the following industries to capitalize on immense growth prospects:

  • Education and training: AR/VR could enable remote training and distance learning to create engaging classroom content that accomplishes the same objectives as in-person schooling.
  • Healthcare: Virtual therapy, vital health monitoring and the opportunity to create platforms for training and exploration are benefits of using AR/VR in healthcare.
  • Automotive: Aside from driver assistance and customer experience, there are many emerging application areas for VR in the automotive industry. For instance, VR can provide an alternative to new vehicle test-driving, which is safer and cheaper as it eliminates the need for additional vehicles for test driving.
  • Manufacturing, Engineering and Robotics: The manufacturing industry is being disrupted by the use of VR and AR in design, prototyping, production, prevention of workplace hazards, inventory management, training, and assembly.
  • Public Sector: AR/VR can enhance emergency management, smart cities and defense programs. Disaster preparedness, real-time information overlay, and personnel training are some of the application areas in the public sector.

Empowering the Future of VR/AR Content Consumption through 5G is the latest addition to Frost & Sullivan’s Information & Communications Technologies research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Empowering the Future of VR/AR Content Consumption through 5G
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