Used Construction Equipment Market to Experience Rebound in Sales post COVID-19

March 16^th,2023/IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Used Construction Equipment Market.

Used Construction Equipment Market report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Growing number of reconstruction and refurbishment activities in the residential and commercial sectors is driving the used construction equipment demand globally. Also, rise in both private and government investments for new infrastructure projects is likely to give an impetus to the demand for used construction equipment. Overall, the used construction equipment market is likely to rebound at a promising CAGR of 5.7% during the forecast period.

Segment Analysis

Based on the product type, the used construction equipment market is segmented as earthmoving & road building equipment, material handling & cranes, and concrete equipment. Among these, earthmoving & road building equipment is expected to remain the largest segment of the market during the forecast period owing to the large public infrastructure projects being developed globally. The growing focus of government authorities towards the extension of road networks is further augmenting the growth of the used construction equipment market.

In terms of regions, Europe is expected to remain the largest market for used construction equipment during the forecast period. Increasing economic uncertainties in some European countries such as France, Spain, and Germany are pushing the European construction companies to decrease their operating expenses, creating opportunities for used construction equipment in the region. North America and Asia-Pacific are also likely to create sizeable opportunities in the coming five years.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Used Construction Equipment Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Electric Vehicle Battery Thermal Management Systems Market Will Record an Upsurge in Revenue during 2022-2027

March 15, 2023/Industry News Global/  -- This new report from  Stratview Research  analyzes the  Electric Vehicle Battery Thermal Management Systems Market over the forecast period from  2022 to 2027 . The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.

Electric Vehicle Battery Thermal Management Systems Market Overview:

Electric vehicle battery thermal management systems market  is likely to witness an impressive  CAGR of 28.1%  during the forecast period.

drivers

Key players  in the  electric vehicle battery thermal management systems market  are:

• Robert Bosch GmbH, 
• GENTHERM Inc., 
• Valeo, 
• Dana Inc., 
• Mahle GmbH, 
• Hanon Systems, 
• Voss Automotive GmbH, 
• 3M, 
• Grayson, 
• Polymer Science, Inc.,
• Lord Corporation.

Analysis Segment

Electric Vehicle Battery Thermal Management Systems Market Share: By Application Type

Based on the application type, the market is segmented as passenger vehicles and commercial vehicles. The passenger vehicles application segment is estimated to account for the major share of the market during the forecast period  on account of their easy availability and higher production around the world. Increasing affordability and rising income of the middle-class population will support the growth of the segment over the forecast period

Electric Vehicle Battery Thermal Management Systems Market Share: By System Type

Based on the system type, the market is segmented as passive and active. Passive system is estimated to remain the larger segment of the market during the forecast period  owing to its higher demand, as it facilitates a large amount of cooling and heating power. Passive system is an economical system as the cost associated with it and its component is lower as compared to active system.

Electric Vehicle Battery Thermal Management Systems Market Share: By Region

In terms of regions, Asia-Pacific is estimated to remain the leading region in the market over the forecast period. The region’s market is mainly driven by demand from China and Japan. The growing adoption of EVs in the region, especially in China, is the major factor driving the growth of the market. Furthermore, rising consumer preference for EVs as a result of increased understanding of their benefits and lucrative incentives provided by the government in the region is likely to drive the regional market expansion.

 

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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors , Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Solid State Battery Market: In-depth Analysis, Demand Statistics & Competitive Outlook 2023-2028

March 15^th,2023/IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Solid State Battery Market.

Solid State Battery Market report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The growth of the solid state battery market will be bolstered by rapid technology advancements along with ongoing product design and developments for use in a variety of applications such as consumer electronics and bulk energy storage systems. Increasing expenditures in electric vehicle adoption will give enormous prospects for inorganic growth ventures and considerable R&D activity for key industry organisations. As a result of these factors, the solid state battery market is expected to grow at a promising CAGR of 6.5% during the forecast period.

Segment Analysis

By Product Type

The market is bifurcated into thin film, bulk storage, and others. Thin film type is likely to remain the most utilized product for solid state batteries in the foreseen future due to the rising demand for smart cards, medical implanted devices, RFID, and other wearable gadgets. These are miniature batteries having components made by using a variety of patterning and deposition techniques compatible with microelectronic fabrication techniques. The bulk storage solid state battery market will develop as expenditures across numerous industries, such as military, medical, and small-scale manufacturing, increase. The development of these units for large-scale energy storage is due to ongoing advancements in technology and materials. In addition, due to its extended operating cycle, non-volatile, efficiency, non-flammability, and high conductivity, the device is becoming more popular as a replacement for traditional systems.

By Application Type

The market is segmented into industrial, automotive, consumer electronics, energy storage, and others. Among these application types, the automotive industry is likely to remain the biggest demand generator for solid state batteries during the forecast period. The industry's growth will be fuelled by a greater emphasis on zero-emission automobiles, as well as significant investments in electric vehicle research. Furthermore, rising demand for personal mobility, combined with technology advancements leading to product commercialization, will increase product acceptance. In 2018, the industrial sector accounted for more than a quarter of the worldwide solid state battery market. The industry's growth will be fuelled by the continued acceptance of units in medical, military, and maritime settings. Pacemakers, smart lenses, wireless body area networks (WBAN), implanted devices, and other medical equipment all use these batteries. In addition, as technology advances, their employment in military vehicles, remote military base stations, and other military operations is becoming more common.

Regional Analysis

North America is expected to remain the largest market for solid state battery over the forecast period on account of the paradigm shift toward the deployment of sustainable energy technology, as well as an increase in product use across smart cards, RFID, and other wearable devices. In addition, the solid state battery market will rise due to the increasing use of energy storage systems with various sustainable energy sources. China's solid state battery industry will benefit from ongoing development and expansion of the automotive manufacturing sector, which includes electric and hybrid vehicles, as well as robust economic growth. According to the International Energy Agency, the number of electric vehicles in the United States reached 2.3 million in 2018, accounting for almost 45% share of the global EV fleet. The solid state battery market will be boosted by increasing government-backed funding programmes for the development of safer, more dependable, and efficient battery technologies.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Solid State Battery Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

Contact: Stratview Research

E-mail: [e-mail]

Direct: [phone]