Electric Bus Market Revenue to Cross $53 Bn by 2027; Global Market Insights, Inc.

SELBYVILLE, Del., March 3, 2021 /PRNewswire/ — Global Market Insights Inc. has recently added a new report on the electric bus market which estimates the market valuation for the…

SELBYVILLE, Del., March 3, 2021 /PRNewswire/ — Global Market Insights Inc. has recently added a new report on the electric bus market which estimates the market valuation for the electric bus will cross US$ 53 billion by 2027. The market is anticipated to witness a surging growth rate due to the stringent emission regulations imposed by government authorities such as the Environmental Protection Agency (EPA). For instance, EPA’s vehicle greenhouse gas rules will aid in eliminating about six billion metric tons of GHG pollution by 2025.

The electric bus industry is facing several challenges due to the rapid spread of the COVID-19 pandemic across the globe. International and domestic trade has been impacted significantly owing to the trade and travel restrictions imposed by various governments. The sales of electric buses have witnessed a steady decline in the market. However, the market will witness significant growth due to the economic revival and containment of the virus by 2021.

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The PHEV bus segment is anticipated to grow steadily over the coming years. Hybrid buses are powered by a combination of electric and diesel/gasoline engines, providing them with an enhanced range in terms of kilometers. The low cost of these buses compared to all-electric and FECVs will augment their market representation.

The Middle East & Africa electric bus market is expected to witness significant growth due to the increase in the demand for these buses in countries including the UAE and Saudi Arabia. Factors, such as the growing presence of OEMs in the region, development of sustainable electric mass transit solutions, and government support, are further contributing to the market growth. For instance, in November 2019, China’s Shanghai Wanxiang Group assisted Egypt’s Arab Organisation for Industrialisation in introducing its first electric bus in the country.

Similarly, in May 2019, Foton Motor and Egypt’s Military Production Ministry signed an agreement to manufacture more than 2,000 electric buses in the country by the next four years. The adoption of electric buses in the region will propel the market growth during the forecast timeline.

The players active in the electric bus market are AB Volvo, BYD Co. Ltd, Daimler AG, Yutong, Ankai Bus, NFI Group Inc Proterra Inc., Zhongtong Bus Holdings Co., Scania AG, VDL Group, Ltd. Solaris, and Alexander Dennis Ltd. These players emphasize on mergers and acquisitions to enhance their business operations. For instance, in September 2018, CAF Group announced the acquisition of Solaris Bus and Coach. The acquisition aided the company to enter the global electric bus market.

Some major findings in the electric bus market report include:                              

  • Rising emphasis on the integration of advanced technologies including automated control systems and sensors into the buses will propel the industry size.
     
  • The all-electric bus segment will witness a high growth rate owing to increasing government regulations toward vehicular emissions and supportive policy measures.
     
  • Proliferation of numerous market players coupled with the growing adoption of these buses in intercity and intracity travel is augmenting the electric bus market share in Asia Pacific and Europe.
     
  • Key players operating in the electric bus market include AB Volvo, BYD, Proterra, Yutong, and VDL Group.
     
  • Major strategies adopted by the market players include new product launches and strategic partnerships with other industry players to enhance their market share.

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Partial chapters of report table of contents (TOC):

Chapter 3 Industry Insights

3.1    Industry segmentation

3.2    Impact of COVID-19 on electric bus industry landscape

3.2.1    Global outlook

3.2.2    Regional impact

3.2.2.1    North America

3.2.2.2    Europe

3.2.2.3    Asia Pacific

3.2.2.4    Latin America

3.2.2.5    MEA

3.2.3    Industry value chain

3.2.3.1    Research & development

3.2.3.2    Manufacturing

3.2.3.3    Marketing

3.2.3.4    Supply

3.2.4    Competitive landscape

3.2.4.1    Strategy

3.2.4.2    Distribution network

3.2.4.3    Business growth

3.3    Industry ecosystem analysis

3.3.1    Component suppliers

3.3.2    Technology providers

3.3.3    Manufacturers

3.3.4    End use landscape

3.3.5    Distribution channel analysis

3.3.6    Vendor matrix

3.4    Technology & innovation landscape

3.5    Policy support for electric vehicles across the globe

3.6    EV charging infrastructure outlook

3.7    Regulatory landscape

3.7.1    North America

3.7.2    Europe

3.7.3    Asia Pacific

3.7.4    Latin America

3.7.5    MEA

3.8    Industry impact forces

3.8.1    Growth drivers

3.8.1.1    Increasing focus on electrification of public transport across the globe

3.8.1.2    Low maintenance requirements of electric buses

3.8.1.3    Supportive government initiatives for development of charging infrastructure in North America

3.8.1.4    Growing investments by European OEMs in battery technologies

3.8.1.5    Rising demand for clean mobility and transportation solutions in Asia Pacific

3.8.1.6    Rising inclination towards alternative fuels in Latin America and MEA

3.8.2    Industry pitfalls & challenges

3.8.2.1    High initial cost of electric buses

3.9    Growth potential analysis

3.10    Porter’s analysis

3.10.1    Supplier power

3.10.2    Buyer power

3.10.3    Threat of new entrants

3.10.4    Threat of substitutes

3.10.5    Internal rivalry

3.11    PESTEL analysis

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Electric Bus Market size worth over $53 Bn by 2027
Electric Bus Market size is set to be over USD 53 billion by 2027, according to a new research report by Global Market Insights, Inc.

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CNG and LPG Vehicle Market Sales Volume To Reach 102.3 Million Units by 2030: P&S Intelligence

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global <a target="_blank"…

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global CNG and LPG vehicle market sales volume from 56.2 million units in 2019 to 102.3 million units by 2030, at a 5.9% CAGR between 2020 and 2030, according to P&S Intelligence.

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Similarly, the per-gallon cost of liquefied petroleum gas (LPG) on a gasoline-equivalent basis is $2.00. This leads to almost 50% cost savings for every gallon of fuel. In addition, the CNG and LPG vehicle market is being driven by the lower greenhouse gas emissions of CNG than gasoline and diesel. Similarly, installing an LPG filling station is cheap, and LPG tanks are small, thus leaving more space for passengers and cargo inside the vehicle.

Get the sample copy of this report at @ https://www.psmarketresearch.com/market-analysis/cng-and-lpg-vehicle-market/report-sample

The COVID-19 pandemic has almost stopped the CNG and LPG vehicle market growth in its tracks, as factory shutdowns have led to a slump in their production. Moreover, with restrictions on non-essential movement, the demand for transportation services has reduced significantly, which is why ride-hailing companies are not purchasing cars currently. Even individuals are not buying automobiles because of the widespread financial distress due to salary cuts and unemployment.

The CNG bifurcation is predicted to keep holding the larger share in the CNG and LPG vehicle market in the coming years, based on fuel type. Due to environmental concerns, the demand for CNG vehicles is growing around the world, especially in the emerging economies of Asia-Pacific (APAC).

Browse detailed report on CNG and LPG Vehicle Market Research Report: By Fuel Type (CNG, LPG), Vehicle Type (Passenger Car, Light and Heavy-Duty Truck, Bus) – Global Industry Analysis and Growth Forecast to 2030 – https://www.psmarketresearch.com/market-analysis/cng-and-lpg-vehicle-market

In the years to come, the bus category will grow the fastest in the CNG and LPG vehicle market, on the basis of vehicle type. With efforts on to reduce the rate of environmental degradation, many countries around the world are including CNG buses in their public transportation fleets. For instance, since December 2002, Delhi Transport Corporation (DTC) has been operating an all-CNG bus fleet, with orders for 1,000 more given in January 2021.

APAC is the largest CNG and LPG vehicle market presently owing to the growing automotive industry of Japan, China, India, and South Korea. The Latin America, Middle East, and Africa (LAMEA) region will witness the fastest increase in the sale of CNG and LPG vehicles in the near future, as the economic growth in Brazil, Mexico, and other developing countries here is allowing people to spend more on automobiles.

Make enquiry about this report at @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=cng-and-lpg-vehicle-market

Major players in the global CNG and LPG vehicle market are General Motors Co., Ford Motor Co., Toyota Motor Corporation, Fiat Chrysler Automobiles N.V., Tata Motors Ltd., Honda Motors Co. Ltd., Daimler AG, AB Volvo, Volkswagen AG, and Suzuki Motors Corp.

Browse More Reports:

Electric Scooter and Motorcycle Market

The Asia-Pacific accounted for the largest share of the electric scooter and motorcycle market in the past and is predicted to maintain its dominance over the market in the years to come as well.

https://www.psmarketresearch.com/market-analysis/electric-scooter-and-motorcycle-market

Electric Truck Market

Geographically, the Asia-Pacific region has emerged as the largest electric truck market in the past and is further is expected to create the largest demand for these trucks in the near future as well.

https://www.psmarketresearch.com/market-analysis/electric-truck-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

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Insights on the Travel Arrangement and Reservation Services Global Market to 2030 – Identify Growth Segments for Investment

DUBLIN, March 3, 2021 /PRNewswire/ — The «Travel Arrangement and Reservation Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030» report has been added to ResearchAndMarkets.com’s offering.

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This report provides strategists, marketers and senior management with the critical information they need to assess the global travel arrangement and reservation services market as it emerges from the COVID-19 shut down.

The global travel arrangement and reservation services market is expected to grow from $303.59 billion in 2020 to $370.1 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $474.36 billion in 2025 at a CAGR of 6%.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Where is the largest and fastest growing market for the travel arrangement and reservation services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Travel Arrangement and Reservation Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider travel arrangement and reservation services market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The travel arrangement and reservation services market section of the report gives context. It compares the travel arrangement and reservation services market with other segments of the commercial services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, travel arrangement and reservation services indicators comparison.

Major companies in the travel arrangement and reservation services market include Carlson Wagonlit Travel; American Express; BCD Travel; Expedia and Priceline Group.

The travel arrangement and reservation services market consists of sales of travel arrangement and reservation services and related goods by entities (organizations, sole traders and partnerships) that provide travel agency services, arrange and assemble tours or provide other travel arrangement and reservation services. The travel arrangement and reservation services market is segmented into travel agencies; tour operators; convention and visitors bureaus; and other travel arrangement and reservation services.

Western Europe was the largest region in the global travel arrangement and reservation services market, accounting for 49% of the market in 2020. Asia Pacific was the second largest region accounting for 21% of the global travel arrangement and reservation services market. Africa was the smallest region in the global travel arrangement and reservation services market.

Travel agencies and tour operators are increasingly using chat bots to offer personalized travel bookings to customers. A chat bot is an artificial intelligence program that can simulate a conversation with customers through messages or telephone calls and perform tasks such as ticket bookings and hotel reservations. Chat bots are an alternative to mobile applications and websites that provide personalized recommendations and bookings based on travel preferences and date of travel. For instance, Booking.com allows travellers to book flights and hotels through chat bots on Skype, Facebook Messenger and Slack. Other such chat bots include Dorothy, DoNotPay, Expedia and Air New Zealand’s Oscar.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Travel Arrangement and Reservation Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Travel Arrangement and Reservation Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Travel Arrangement and Reservation Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Travel Arrangement and Reservation Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Travel Arrangement and Reservation Services Market Trends and Strategies

8. Impact of COVID-19 on Travel Arrangement and Reservation Services

9. Travel Arrangement and Reservation Services Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Travel Arrangement and Reservation Services Market Regional Analysis
10.1. Global Travel Arrangement and Reservation Services Market, 2020, by Region, Value ($ Billion)
10.2. Global Travel Arrangement and Reservation Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Travel Arrangement and Reservation Services Market, Growth and Market Share Comparison, by Region

11. Travel Arrangement and Reservation Services Market Segmentation
11.1. Global Travel Arrangement and Reservation Services Market, Segmentation by Type
11.2. Global Travel Arrangement and Reservation Services Market, Segmentation by Mode of Travel
11.3. Global Travel Arrangement and Reservation Services Market, Segmentation by Mode of Booking

12. Travel Arrangement and Reservation Services Market Metrics
12.1. Travel Arrangement and Reservation Services Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Travel Arrangement and Reservation Services Market Expenditure, 2015-2025, Global

13. Asia-Pacific Travel Arrangement and Reservation Services Market

14. Western Europe Travel Arrangement and Reservation Services Market

15. Eastern Europe Travel Arrangement and Reservation Services Market

16. North America Travel Arrangement and Reservation Services Market

17. South America Travel Arrangement and Reservation Services Market

18. Middle East Travel Arrangement and Reservation Services Market

19. Africa Travel Arrangement and Reservation Services Market

20. Travel Arrangement and Reservation Services Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Carlson Wagonlit Travel
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. American Express
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. BCD Travel
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Expedia
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Priceline Group
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance

21. Key Mergers and Acquisitions in the Travel Arrangement and Reservation Services Market

22. Market Background: Commercial Services Market
22.1. Commercial Services Market Characteristics
22.2. Commercial Services Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Commercial Services Market, 2020, by Region, Value ($ Billion)
22.4. Global Commercial Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Commercial Services Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

23. Recommendations
23.1. Global Travel Arrangement and Reservation Services Market in 2025 – Growth Countries
23.2. Global Travel Arrangement and Reservation Services Market in 2025 – Growth Segments
23.3. Global Travel Arrangement and Reservation Services Market in 2025 – Growth Strategies

24. Appendix
24.1. NAICS Definitions of Industry Covered in this Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher

25. Copyright and Disclaimer

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CNG and LPG Vehicle Market Sales Volume To Reach 102.3 Million Units by 2030: P&S Intelligence

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global <a target="_blank"…

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global CNG and LPG vehicle market sales volume from 56.2 million units in 2019 to 102.3 million units by 2030, at a 5.9% CAGR between 2020 and 2030, according to P&S Intelligence.

P_and_S_Intelligence_Logo

Similarly, the per-gallon cost of liquefied petroleum gas (LPG) on a gasoline-equivalent basis is $2.00. This leads to almost 50% cost savings for every gallon of fuel. In addition, the CNG and LPG vehicle market is being driven by the lower greenhouse gas emissions of CNG than gasoline and diesel. Similarly, installing an LPG filling station is cheap, and LPG tanks are small, thus leaving more space for passengers and cargo inside the vehicle.

Get the sample copy of this report at @ https://www.psmarketresearch.com/market-analysis/cng-and-lpg-vehicle-market/report-sample

The COVID-19 pandemic has almost stopped the CNG and LPG vehicle market growth in its tracks, as factory shutdowns have led to a slump in their production. Moreover, with restrictions on non-essential movement, the demand for transportation services has reduced significantly, which is why ride-hailing companies are not purchasing cars currently. Even individuals are not buying automobiles because of the widespread financial distress due to salary cuts and unemployment.

The CNG bifurcation is predicted to keep holding the larger share in the CNG and LPG vehicle market in the coming years, based on fuel type. Due to environmental concerns, the demand for CNG vehicles is growing around the world, especially in the emerging economies of Asia-Pacific (APAC).

Browse detailed report on CNG and LPG Vehicle Market Research Report: By Fuel Type (CNG, LPG), Vehicle Type (Passenger Car, Light and Heavy-Duty Truck, Bus) – Global Industry Analysis and Growth Forecast to 2030 – https://www.psmarketresearch.com/market-analysis/cng-and-lpg-vehicle-market

In the years to come, the bus category will grow the fastest in the CNG and LPG vehicle market, on the basis of vehicle type. With efforts on to reduce the rate of environmental degradation, many countries around the world are including CNG buses in their public transportation fleets. For instance, since December 2002, Delhi Transport Corporation (DTC) has been operating an all-CNG bus fleet, with orders for 1,000 more given in January 2021.

APAC is the largest CNG and LPG vehicle market presently owing to the growing automotive industry of Japan, China, India, and South Korea. The Latin America, Middle East, and Africa (LAMEA) region will witness the fastest increase in the sale of CNG and LPG vehicles in the near future, as the economic growth in Brazil, Mexico, and other developing countries here is allowing people to spend more on automobiles.

Make enquiry about this report at @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=cng-and-lpg-vehicle-market

Major players in the global CNG and LPG vehicle market are General Motors Co., Ford Motor Co., Toyota Motor Corporation, Fiat Chrysler Automobiles N.V., Tata Motors Ltd., Honda Motors Co. Ltd., Daimler AG, AB Volvo, Volkswagen AG, and Suzuki Motors Corp.

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The Asia-Pacific accounted for the largest share of the electric scooter and motorcycle market in the past and is predicted to maintain its dominance over the market in the years to come as well.

https://www.psmarketresearch.com/market-analysis/electric-scooter-and-motorcycle-market

Electric Truck Market

Geographically, the Asia-Pacific region has emerged as the largest electric truck market in the past and is further is expected to create the largest demand for these trucks in the near future as well.

https://www.psmarketresearch.com/market-analysis/electric-truck-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/cng-and-lpg-vehicle-market-sales-volume-to-reach-102-3-million-units-by-2030-ps-intelligence-301239484.html

SOURCE P&S Intelligence

Bariatric Surgery Reduces Diabetes Symptoms and Patient Healthcare Costs: Jet Medical Tourism® Cites New Research for Patient Education

SAN DIEGO, March 3, 2021 /PRNewswire-PRWeb/ — The leading medical research publisher and nonprofit PLOS has published a new study that shows the safety and efficacy of bariatric surgery for patients with obesity and severe type 2 diabetes.

Although there is a wide…

SAN DIEGO, March 3, 2021 /PRNewswire-PRWeb/ — The leading medical research publisher and nonprofit PLOS has published a new study that shows the safety and efficacy of bariatric surgery for patients with obesity and severe type 2 diabetes.

Although there is a wide consensus in the global medical community about the benefits of weight loss surgery in reducing diabetes symptoms, but there has been some uncertainty about whether the surgery is safe and effective for patients with more severe symptoms who require insulin treatment.

Diabetes Resolution Impact

The study establishes that bariatric surgery can dramatically reduce or resolve the symptoms of type 2 diabetes in obesity patients, enabling many patients to completely stop their medications. Previous smaller studies have indicated that patients with highly advanced diabetes who are insulin-dependent may not achieve disease reversal with bariatric surgery.

However, the current extensive research study shows that even patients with severe diabetes who need a daily dose of insulin injections will benefit from weight loss surgery for their disease alleviation. Moreover, the patient healthcare costs over the years are likely to substantially decrease because of the reduced expenditure on diabetes oral medications and injections.

Research Findings and Methodology

Researchers analyzed comprehensive clinical data of patients who were suffering from obesity and insulin-dependent Type 2 diabetes who underwent weight loss surgery between 2009 and 2017. The data was obtained from the NBSR (National Bariatric Surgical Registry) in the UK.

According to the researchers, the most important finding of the clinical study was that within one year after their bariatric surgery, many patients were able to achieve insulin cessation. Researchers also determined specific benefits to the patients in terms of improved quality of life and reduced economic costs of their medical care over the next five years.

Efficacy of Gastric Sleeve vs. Gastric Bypass

The research study focused on the one-year post-surgery outcomes of 1,847 patients. Sixty-seven percent of the patients (two-thirds) no longer needed insulin treatment for diabetes after one year, and the rates continued to sustain over the next four years.

Insulin cessation rate for patients who underwent gastric bypass surgery was 71.7%, while the rate for vertical sleeve gastrectomy (VSG) was 64.5%. Researchers determined that because of the reduced costs of diabetes complications and improved health benefits, patients on average were able to save significantly more than what they had originally spent on their bariatric surgery.

Enhanced Longevity and Better Health

The Covid-19 pandemic has shown that diabetics are at a higher risk of complications that may arise from acute viral infections. The Covid-19 related mortality rate of these patients has been higher according to many studies conducted in different countries.

Clearly, full resolution or significant reduction of severe diabetes symptoms through gastric sleeve or gastric bypass surgery can have life-saving benefits for many patients who are struggling with obesity-related type 2 diabetes.

Safe and Affordable Bariatric Surgery Options

Many patients are reluctant to choose bariatric surgery in the US or Canada because of the prohibitively high costs of treatment. Fortunately, thousands of patients are now undergoing safe and advanced gastric bypass and gastric sleeve surgery in Mexico every year at a fraction of the cost compared to their home country.

It is important to evaluate all treatment options in consultation with a qualified and experienced bariatric surgeon. Patients should also review gastric bypass and gastric sleeve before and after photos to gain a clearer understanding of the potential results and form realistic expectations. For the eligible candidates, bariatric surgery in Mexico can provide life-altering benefits.

Media Contact

Marketing Department, Jet Medical Tourism®, +1 855-506-6188, schedule@jetmedicaltourism.com

 

SOURCE Jet Medical Tourism®

P&O Cruises to offer «the ultimate escape» staycation this summer

MIAMI, March 3, 2021 /PRNewswire/ — P&O Cruises will offer a series of short break and week-long UK cruises as «the ultimate escape» staycation this summer. The cruises will go on sale later in March.

P&O Cruises president Paul Ludlow said:  «Following recent Government announcements and as the vaccine programme is rolled out across the globe we can all begin to feel a sense of reassurance and hope that this current lockdown period in the UK will come…

MIAMI, March 3, 2021 /PRNewswire/ — P&O Cruises will offer a series of short break and week-long UK cruises as «the ultimate escape» staycation this summer. The cruises will go on sale later in March.

P&O Cruises president Paul Ludlow said:  «Following recent Government announcements and as the vaccine programme is rolled out across the globe we can all begin to feel a sense of reassurance and hope that this current lockdown period in the UK will come to an end. Life can, we hope, slowly return to some semblance of our previous normality as hospitality opens up and summer holidays can be booked with confidence.

«Whilst holidays here in the UK will be the first to become a reality we will, of course, gradually see the return of international travel but first we want guests to be able to enjoy a proper summer holiday at sea with the best in relaxation, entertainment and dining choice.

«These sailings will leave from our home port in Southampton and sail around UK coastal waters enjoying the summer sunshine. More details of dates, prices and the experience on board will be announced later this month, but they will, of course, all have flexibility so guests can book with confidence.

«We hope that the UK «ultimate escape» staycation option will have wide appeal and we will do our utmost to make it a very special time. There really will be something for everyone and the opportunity to spend precious and much-longed for time with family and friends.

«In order to offer these UK breaks it does mean that unfortunately we need to cancel some of our current published programme of holidays this summer. Cruises on Arcadia, Aurora, Azura and Ventura have been cancelled until the end of August and on Britannia and Iona until the end of September.

«We remain in very close contact with the UK Government and associated bodies as we monitor the latest situation and guidance on travel. From the moment we see travel restrictions lifting we will begin the significant logistical task to re-start our operations. It will take some time for the first ship to return to service, followed by the phased return of the remaining fleet. We cannot wait to welcome everyone back on board with the protection of effective protocols to safeguard the health and wellbeing of all crew and guests.

«I really am so sorry for the disappointment these cancellations will cause but hope that the new UK cruises will enable everyone to enjoy a wonderful holiday this summer.»

All guests whose cruises have been cancelled will automatically receive a Future Cruise Credit worth 125% of what they paid.  This 125% Future Cruise Credit can be redeemed against any new booking made by the end of December 2021, on any cruise on sale at the time of booking.

Alternatively, 100% refund is available through the form on www.pocruises.com and may be requested until December 2021.

About P&O Cruises
P&O Cruises is Britain’s favourite cruise line, welcoming guests to experience holidays with a blend of discovery, choice, relaxation and exceptional service catered towards British tastes.  P&O Cruises fleet of premium ships combine genuine service, a sense of occasion and attention to detail.

In 2021, P&O Cruises will launch Iona its first Excel class ship. The new LNG-powered ship, with 5,200-guest capacity, will be the largest ship built to serve the UK market. Iona will feature enhancements to already successful brand signature venues from the existing fleet, as well as features newly developed for Iona.

P&O Cruises second LNG-powered Excel class ship and sister ship to Iona is named Arvia, meaning from the seashore, and will join the fleet in December 2022. Arvia is an innovative and future-focused ship and will offer outstanding, varied and contemporary holidays. Arvia has been designed to travel to the sun all year-round and to maximise views of the ocean and the seashore from everywhere on board.

With over 200 destinations worldwide, P&O Cruises Itineraries are carefully curated to inspire discovery, and are varied to suit newcomers and experienced guests alike. With a wide choice of holidays from two days to three months there is something for everyone. P&O Cruises sails to Australia & New Zealand, Baltic, the British Isles, Canada, the Spain, Portugal & the Canary Islands, the Caribbean, Central America, the Far East & Asia, the Indian Ocean, the Mediterranean, Scandinavia, South America, the South Pacific, the United States and Western Europe.

The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK).  

For further images visit: https://www.pocruisespresspictures.com/

*Holidays which will be cancelled due to current guidance are detailed below

Ship

Cruise

Departure date

Destination

Nts

Arcadia

J105

20-May-21

Western Mediterranean

18

J106

07-Jun-21

Cruise Break

4

J107

11-Jun-21

Iceland

14

J108

25-Jun-21

Norway Fjord

12

J109

07-Jul-21

Cruise Break

4

J110

11-Jul-21

Norway Fjord

12

J111

23-Jul-21

British Isles

12

J112

04-Aug-21

Arctic Circle

23

J113

27-Aug-21

Central Mediterranean

19

 

Ship

Cruise

Departure date

Destination

Nts

Aurora

R105

24-Apr-21

Southern Cruise Break

7

R106

01-May-21

Central Mediterranean

19

R107

20-May-21

Baltic

16

R108

05-Jun-21

Norway Fjord

12

R109

17-Jun-21

Central Mediterranean

19

R110

06-Jul-21

Iceland

14

R111

20-Jul-21

Baltic

16

R112

05-Aug-21

Norway Fjord

12

R113

17-Aug-21

Baltic

16

 

Ship

Cruise

Departure date

Destination

Nts

Azura

A109

29-Apr-21

Western Mediterranean (Med Fly)

14

A109A

29-Apr-21

Western Mediterranean (Med Fly)

7

A109B

06-May-21

Eastern Mediterranean (Med Fly)

7

A109C

06-May-21

Eastern Mediterranean (Med Fly)

14

A110

13-May-21

Central Mediterranean (Med Fly)

14

A110A

13-May-21

Central Mediterranean (Med Fly)

7

A110B

20-May-21

Eastern Mediterranean (Med Fly)

7

A110C

20-May-21

Eastern Mediterranean (Med Fly)

14

A111

27-May-21

Central Mediterranean (Med Fly)

14

A111A

27-May-21

Central Mediterranean (Med Fly)

7

A111B

03-Jun-21

Western Mediterranean (Med Fly)

7

A111C

03-Jun-21

Western Mediterranean (Med Fly)

14

A112

10-Jun-21

Eastern Mediterranean (Med Fly)

14

A112A

10-Jun-21

Eastern Mediterranean (Med Fly)

7

A112B

17-Jun-21

Central Mediterranean (Med Fly)

7

A112C

17-Jun-21

Central Mediterranean (Med Fly)

14

A113

24-Jun-21

Western Mediterranean (Med Fly)

14

A113A

24-Jun-21

Western Mediterranean (Med Fly)

7

A113B

01-Jul-21

Eastern Mediterranean (Med Fly)

7

A113C

01-Jul-21

Eastern Mediterranean (Med Fly)

14

A114

08-Jul-21

Central Mediterranean (Med Fly)

14

A114A

08-Jul-21

Central Mediterranean (Med Fly)

7

A114B

15-Jul-21

Western Mediterranean (Med Fly)

7

A114C

15-Jul-21

Western Mediterranean (Med Fly)

14

A115

22-Jul-21

Eastern Mediterranean (Med Fly)

14

A115A

22-Jul-21

Eastern Mediterranean (Med Fly)

7

A115B

29-Jul-21

Central Mediterranean (Med Fly)

7

A115C

29-Jul-21

Central Mediterranean (Med Fly)

14

A116

05-Aug-21

Western Mediterranean (Med Fly)

14

A116A

05-Aug-21

Western Mediterranean (Med Fly)

7

A116B

12-Aug-21

Eastern Mediterranean (Med Fly)

7

A116C

12-Aug-21

Eastern Mediterranean (Med Fly)

14

A117

19-Aug-21

Central Mediterranean (Med Fly)

14

A117A

19-Aug-21

Central Mediterranean (Med Fly)

7

A117B

26-Aug-21

Western Mediterranean (Med Fly)

7

A117C

26-Aug-21

Western Mediterranean (Med Fly)

14

 

Ship

Cruise

Departure date

Destination

Nts

Britannia

B111

25-Apr-21

Atlantic Coast

13

B112

08-May-21

Western Mediterranean

14

B113

22-May-21

Western Mediterranean

14

B114

05-Jun-21

Western Mediterranean

14

B115

19-Jun-21

Western Mediterranean

14

B116

03-Jul-21

Western Mediterranean

14

B117

17-Jul-21

Western Mediterranean

14

B118

31-Jul-21

Western Mediterranean

14

B119

14-Aug-21

Western Mediterranean

14

B120

28-Aug-21

Western Mediterranean

14

B121

11-Sep-21

Western Mediterranean

14

 

Ship

Cruise

Departure date

Destination

Nts

Iona

G111

24-Apr-21

Norway Fjord

7

G112

01-May-21

Norway Fjord

7

G113

08-May-21

Norway Fjord

7

G114

15-May-21

Norway Fjord

7

G115

22-May-21

Norway Fjord

7

G116

29-May-21

Norway Fjord

7

G117

05-Jun-21

Norway Fjord

7

G118

12-Jun-21

Norway Fjord

7

G119

19-Jun-21

Norway Fjord

7

G120

26-Jun-21

Norway Fjord

7

G121

03-Jul-21

Norway Fjord

7

G122

10-Jul-21

Norway Fjord

7

G123

17-Jul-21

Norway Fjord

7

G124

24-Jul-21

Norway Fjord

7

G125

31-Jul-21

Norway Fjord

7

G126

07-Aug-21

Norway Fjord

7

G127

14-Aug-21

Norway Fjord

7

G128

21-Aug-21

Norway Fjord

7

G129

28-Aug-21

Norway Fjord

7

G130

04-Sep-21

Norway Fjord

7

G131

11-Sep-21

Norway Fjord

7

G132

18-Sep-21

Norway Fjord

7

 

Ship

Cruise

Departure date

Destination

Nts

Ventura

N108

30-Apr-21

Short Break (Round Trip)

2

N109

02-May-21

Western Mediterranean

14

N110

16-May-21

Baltic

14

N111

30-May-21

Western Mediterranean

14

N112

13-Jun-21

Baltic

14

N113

27-Jun-21

Western Mediterranean

14

N114

11-Jul-21

Baltic

14

N115

25-Jul-21

Western Mediterranean

14

N116

08-Aug-21

Baltic

14

N117

22-Aug-21

Western Mediterranean

14

 

Cision View original content:http://www.prnewswire.com/news-releases/po-cruises-to-offer-the-ultimate-escape-staycation-this-summer-301239313.html

SOURCE P&O Cruises

CNG & LPG Vehicle Market worth 4,389 thousand units by 2026 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG…

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG & LPG), By Kit type (Venturi & Sequential), By Fitting (OE & Aftermarket), by Engine System Type and by Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global CNG and LPG Vehicle Market size is projected to grow from 2,135 thousand units sales in 2021 to reach 4,389 thousand units sales by 2026, at a CAGR of 15.5%.

MarketsandMarkets Logo

Browse in-depth TOC on «CNG & LPG Vehicle Market»

197 – Tables
76 – Figures
257 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 264307618

Factors such as growing demand for cost-efficient commuting and governments supporting low emission vehicles through subsidies & tax rebates have led to automakers adopting to CNG and LPG vehicles and growth of CNG and LPG Vehicle Market.

Growing concerns over increased pollution by the automotive industry is the prime reason government bodies are promoting CNG and LPG vehicle over Petrol or Diesel ones. People have recognized the need for promoting low emission vehicles to reduce the increasing pollution. To attract and encourage people to buy CNG and LPG vehicles, government bodies of different countries are introducing lucrative schemes and incentives that include formidable discounts, lower fuel price, lower vehicle acquisition taxes, lower road taxes for low emission vehicles etc. 

Asia Oceania is expected to be the largest market in the forecast

In this report, the countries considered in the Asia Oceania region are China, Japan, South Korea, India, Thailand, and Indonesia. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global CNG and LPG Vehicle Market and, hence, have adopted various initiatives to attract major OEMs for the development of CNG and LPG vehicles and required infrastructure in their domestic markets. For instance, CNG and LPG providers have worked with various governments, transportation & logistics companies, and OEMs to offer low-price CNG and LPG fuel to CNG and LPG vehicle drivers. This has led to an increase in low emission vehicle production, which caters to domestic as well as overseas demand. Japan, the US, Canada, Germany, France, India, South Korea, and China, along with many other countries, export CNG and LPG vehicles as well as parts and kit equipment solutions across the globe.

Europe is expected to be the second-largest market during the forecast

For the market analysis, Europe includes Turkey, Italy, Russia, Spain, Germany, France, and the UK. Europe is estimated to account for 25.8% of the global CNG and LPG Vehicle Market in 2020 by value. The top three countries in Europe account for more than 70% of CNG and LPG vehicles sold in the region, with the remaining utilized in the rest 28 countries. In August 2020, Europe had implemented stringent emission regulation standards to reduce the rising emission levels. Several countries in the region are promoting low emission alternate fuel vehicles through significant incentives. The demand for CNG and LPG vehicles has increased significantly due to the focus on zero- or low-emission vehicles in the region. Europe is home to major CNG and LPG vehicle OEMs and kit/parts providers, such as Volkswagen AG, Renault, Tomasetto, Landi Renzo, and Westport Fuel Solutions. Recently, the UK announced plans to phase out petrol/diesel-based vehicles by 2030 and encourage the adoption of EVs and other low emission fuel vehicles. Other European countries have also implemented plans to transition to low emission fuel vehicles in the next decade.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 264307618  

The Commercial vehicle is expected to be the fastest growing segment in the forecast

Commercial vehicles are motor vehicles used for transporting goods or carrying passengers. Some common types of commercial vehicles include LCVs and HCVs like trucks, buses, semi-trailers, vans, trailers, heavy vehicles, and travel trailers Daimler AG, AB Volvo, Shaanxi Automobile Group, Isuzu Motors, Eicher Motors, and Tata Motors are some of the major OEMs in the segment. These companies develop and sell CNG and LPG commercial vehicles worldwide. The overall operating cost of commercial vehicles can get reduced by 40-45% in some countries by the use of CNG and LPG in place of petrol as fuel. Another reason for the higher demand for CNG and LPG commercial vehicles is that their electric counterparts are not viable for some regions, apart from the low availability of charging stations in many countries. The North American and LPG vehicle market is projected to grow at the highest rate due to efforts by the governments in this region to popularize these vehicles for fleet, taxi, truck, and bus services. Their use is also being encouraged for interstate logistics services.

Key Market Players:

The CNG and LPG Vehicle Market is dominated by players such as Suzuki Motor Corporation (Japan), Honda Motor Company (Japan), Hyundai Motor Group (South Korea), Volkswagen AG (Germany) and Ford Motor Company (US). These companies offer extensive products and solutions for the CNG and LPG vehicle industry; and have CNG strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

Browse Related Reports:

Electric Scooter and Motorcycle Market by Vehicle Type (E-Scooter/Moped & E-Motorcycle), Battery (Sealed Lead Acid & Li-Ion), Distance Covered, Voltage (36V, 48V, 60V & 72V), Technology (Plug-in & Battery), Vehicle Class, Region – Global Forecast to 2027

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cng-lpg-vehicle-market.asp 
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/cng-lpg-vehicle.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

CNG & LPG Vehicle Market worth 4,389 thousand units by 2026 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG…

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG & LPG), By Kit type (Venturi & Sequential), By Fitting (OE & Aftermarket), by Engine System Type and by Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global CNG and LPG Vehicle Market size is projected to grow from 2,135 thousand units sales in 2021 to reach 4,389 thousand units sales by 2026, at a CAGR of 15.5%.

MarketsandMarkets Logo

Browse in-depth TOC on «CNG & LPG Vehicle Market»

197 – Tables
76 – Figures
257 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 264307618

Factors such as growing demand for cost-efficient commuting and governments supporting low emission vehicles through subsidies & tax rebates have led to automakers adopting to CNG and LPG vehicles and growth of CNG and LPG Vehicle Market.

Growing concerns over increased pollution by the automotive industry is the prime reason government bodies are promoting CNG and LPG vehicle over Petrol or Diesel ones. People have recognized the need for promoting low emission vehicles to reduce the increasing pollution. To attract and encourage people to buy CNG and LPG vehicles, government bodies of different countries are introducing lucrative schemes and incentives that include formidable discounts, lower fuel price, lower vehicle acquisition taxes, lower road taxes for low emission vehicles etc. 

Asia Oceania is expected to be the largest market in the forecast

In this report, the countries considered in the Asia Oceania region are China, Japan, South Korea, India, Thailand, and Indonesia. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global CNG and LPG Vehicle Market and, hence, have adopted various initiatives to attract major OEMs for the development of CNG and LPG vehicles and required infrastructure in their domestic markets. For instance, CNG and LPG providers have worked with various governments, transportation & logistics companies, and OEMs to offer low-price CNG and LPG fuel to CNG and LPG vehicle drivers. This has led to an increase in low emission vehicle production, which caters to domestic as well as overseas demand. Japan, the US, Canada, Germany, France, India, South Korea, and China, along with many other countries, export CNG and LPG vehicles as well as parts and kit equipment solutions across the globe.

Europe is expected to be the second-largest market during the forecast

For the market analysis, Europe includes Turkey, Italy, Russia, Spain, Germany, France, and the UK. Europe is estimated to account for 25.8% of the global CNG and LPG Vehicle Market in 2020 by value. The top three countries in Europe account for more than 70% of CNG and LPG vehicles sold in the region, with the remaining utilized in the rest 28 countries. In August 2020, Europe had implemented stringent emission regulation standards to reduce the rising emission levels. Several countries in the region are promoting low emission alternate fuel vehicles through significant incentives. The demand for CNG and LPG vehicles has increased significantly due to the focus on zero- or low-emission vehicles in the region. Europe is home to major CNG and LPG vehicle OEMs and kit/parts providers, such as Volkswagen AG, Renault, Tomasetto, Landi Renzo, and Westport Fuel Solutions. Recently, the UK announced plans to phase out petrol/diesel-based vehicles by 2030 and encourage the adoption of EVs and other low emission fuel vehicles. Other European countries have also implemented plans to transition to low emission fuel vehicles in the next decade.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 264307618  

The Commercial vehicle is expected to be the fastest growing segment in the forecast

Commercial vehicles are motor vehicles used for transporting goods or carrying passengers. Some common types of commercial vehicles include LCVs and HCVs like trucks, buses, semi-trailers, vans, trailers, heavy vehicles, and travel trailers Daimler AG, AB Volvo, Shaanxi Automobile Group, Isuzu Motors, Eicher Motors, and Tata Motors are some of the major OEMs in the segment. These companies develop and sell CNG and LPG commercial vehicles worldwide. The overall operating cost of commercial vehicles can get reduced by 40-45% in some countries by the use of CNG and LPG in place of petrol as fuel. Another reason for the higher demand for CNG and LPG commercial vehicles is that their electric counterparts are not viable for some regions, apart from the low availability of charging stations in many countries. The North American and LPG vehicle market is projected to grow at the highest rate due to efforts by the governments in this region to popularize these vehicles for fleet, taxi, truck, and bus services. Their use is also being encouraged for interstate logistics services.

Key Market Players:

The CNG and LPG Vehicle Market is dominated by players such as Suzuki Motor Corporation (Japan), Honda Motor Company (Japan), Hyundai Motor Group (South Korea), Volkswagen AG (Germany) and Ford Motor Company (US). These companies offer extensive products and solutions for the CNG and LPG vehicle industry; and have CNG strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

Browse Related Reports:

Electric Scooter and Motorcycle Market by Vehicle Type (E-Scooter/Moped & E-Motorcycle), Battery (Sealed Lead Acid & Li-Ion), Distance Covered, Voltage (36V, 48V, 60V & 72V), Technology (Plug-in & Battery), Vehicle Class, Region – Global Forecast to 2027

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cng-lpg-vehicle-market.asp 
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/cng-lpg-vehicle.asp

Cision View original content:http://www.prnewswire.com/news-releases/cng–lpg-vehicle-market-worth-4-389-thousand-units-by-2026–exclusive-report-by-marketsandmarkets-301239413.html

SOURCE MarketsandMarkets

LG Innotek Develops the World’s First Automotive Wi-Fi 6E Module

  • Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E
  • Improved communication performance, durability, and applicability
  • «LG Innotek will accelerate the evolution of in-vehicle infotainment»

SEOUL, South Korea, March 3, 2021 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced on March 2nd that it has developed the world’s first automotive Wi-Fi 6E module with next-generation Wi-Fi…

  • Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E
  • Improved communication performance, durability, and applicability
  • «LG Innotek will accelerate the evolution of in-vehicle infotainment»

SEOUL, South Korea, March 3, 2021 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced on March 2nd that it has developed the world’s first automotive Wi-Fi 6E module with next-generation Wi-Fi technology.

The automotive Wi-Fi 6E module developed by LG Innotek

Automotive Wi-Fi 6E modules are near-field wireless communication components connecting in-vehicle infotainment (IVI) systems, which control driving information and multimedia content, to internal smart devices and external routers. With the next-generation Wi-Fi 6E (6th Generation Extended) technology using 6GHz bandwidth, the module boasts data transmission speeds approximately 3 times faster than the existing Wi-Fi 5.

This product is a module that combines a communications chipset, a radio frequency (RF) circuit, and other components. The module is mounted on multiple components of a vehicle, including the audio·video·navigation (AVN) system and smart antenna. A passenger can enjoy movies, games, and more on the in-vehicle display or audio system by wirelessly connecting it to a smartphone. The module also allows easier software updates of the automotive navigation system and such.

The company has accumulated development capabilities in automotive communication for many years from 2005. Using this experience, LG Innotek has improved data transceiver performance by the new RF structure and antenna design with minimum communication interference. LG Innotek had continuously proved its advanced technologies in the market. The company previously launched the world’s first 2nd Generation Automotive V2X Full Module, 5G Automotive Communication Module, and a brand-new Digital Key Module with improved accuracy and security.

LG Innotek is executing promotional activities targeting global automotive components suppliers in North America, Europe, Japan, and China. The company expects to commercialize the product in 2022. It especially plans to do joint promotions with Germany’s Infineon Technologies, which supplies Wi-Fi 6E automotive chipsets.

According to Techno Systems Research (TSR), a global market research institute, the demands for automotive Wi-Fi communication modules will grow by 70%, from 51.2 million units in 2020 to 87.3 million units in 2025.

 

Photo – https://mma.prnewswire.com/media/1447590/WiFi6E____1.jpg  
PDF – https://mma.prnewswire.com/media/1447591/Press_release__LG_Innotek_Develops_the_World_s_First_Automotive_Wi_Fi_6E_Module_210302.pdf

BE OPEN Art announces the Artist of the Year by the gallery visitors votes

LONDON, March 3, 2021 /PRNewswire/ — BE OPEN Art, an online gallery designed by Elena Baturina’s BE OPEN think tank, is happy to announce its first ever Artist of the Year, selected by the biggest vote among the monthly ratings.

Our congratulations and the €500 prize go to <span…

LONDON, March 3, 2021 /PRNewswire/ — BE OPEN Art, an online gallery designed by Elena Baturina’s BE OPEN think tank, is happy to announce its first ever Artist of the Year, selected by the biggest vote among the monthly ratings.

Our congratulations and the €500 prize go to Theophilus Tetteh (NiiOdai), an experimental and expressionist artist from Ghana.

Theophilus Tetteh, also known by his brush name Nii Odai, is from the capital city of Accra, Ghana. As a painter, he works in a diverse variety of themes, which include crowds, architecture, landscapes, townscapes, portraits and Ghanaian village scenes. Theophilus is a member of the Ghana Association of Visual Artist (GAVA).

Aiming to showcase young talents, every month of 2020 BE OPEN Art invited art enthusiasts to choose the best artist among those exhibited in the online gallery. The artist whose works gained a majority of votes throughout the year was then named the Artist of the Year.

To be featured in the gallery, BE OPEN Art selects artists at an early stage of their career who emphasize social consciousness, philosophical meaning and the aesthetical solutions for the wrongs of the contemporary world, such as inequality, lack of diversity, environmental issues, and consumerism. In a way, the project sees its mission in looking for the new influencers in the art scene, and invites everyone to contribute to this process.

Founder of BE OPEN Elena Baturina «We are thrilled to see the number of remarkable emerging talents from all over the world that BE OPEN Art is proud to showcase and celebrate. BE OPEN Art is designed to facilitate them in getting deserved attention and an opportunity to have their say in the art and therefore affect lives of people who appreciate it. We also take the opportunity to applause all the featured artists and thank everyone who voted during the year.»

BE OPEN Art is an online gallery of contemporary art created by BE OPEN foundation with an ambition to provide emerging artists around the globe with an opportunity to showcase their work to the world of art professionals and a starting point for connections to be built between the new creators and collectors of today. BE OPEN Art especially welcomes authors who do not have their own resources, patronage and promotional opportunities: graduates, self-taught artists, artists with a deprived background.