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The electric utility vehicles market size is valued at US$ 9,203.8 million as on 2023. The market is expected to reach a valuation of US$ 38,550.2 million by 2033, and is expected to grow at a CAGR of 15.4% during the period 2023-2033.

There has been an increasing awareness regarding the impact of harmful emissions on the environment. Owing to this, the governments have been taking proactive steps to tackle pollution. This has led to governments incentivizing people who make use of electric utility vehicles.

Initially, the cost of the battery used in electric utility vehicles was more than US$ 1000. But with the advancements in technology, the cost has come down to US$ 100. This might increase the demand for electric utility vehicles during the forecast period.

Furthermore, the electric utility vehicles market has witnessed a number of buyers in the agricultural sector. This is because of the fact that there were a number of cases of crops getting spoiled due to vehicular emissions. This might well increase the sales of electric utility vehicles during the forecast period.

Moreover, the users are of the view that the application of electric utility vehicles offers high convenience as these are easy to charge. This might as well surge the market growth during the forecast period.

Moreover, the cost associated with charging electric vehicles is much less as compared to the usage of fuels.

However, the growth of E-commerce market represents massive opportunity for the market of electric utility vehicles. This is owing to the fact that the electric utility vehicles seamlessly carry out the task of logistics.

Thus, based on the insights provided by FMI researchers, it can be inferred that “initiatives by the governments across the world to reduce greenhouse gas emissions, coupled with reduction of battery cost is expected to surge the electric utility vehicles market growth.”

For more information: https://www.futuremarketinsigh....ts.com/reports/elect
Key Takeaways:

The electric utility vehicles market is valued at US$ 9,203.8 million as on 2023.
The market is expected to reach a valuation of US$ 38,550.2 million by 2033.
The market is anticipated to grow at a CAGR of 15.4% during the forecast period.
Based on the regional analysis, North America is the largest market.
Based on the country analysis, USA is the largest market, having a share of 26.8%.
The Germany market has a share of 13.7%.
The Japan market has a share of 1.4%.
The Australia market has a share of 0.6%
The China electric utility vehicles market is expected to grow at a CAGR of 18.5% during the forecast period.
The India market is expected to grow at a CAGR of 14.5% during the forecast period.
The UK market is expected to grow at a CAGR of 10.5% during the forecast period.
On the basis of battery type, the lithium-ion battery has the highest market share of 73.4%.
On the basis of application, the commercial segment has the largest market share.
On the basis of propulsion, the pure electric segment has the highest share in the electric utility vehicles market.
Competitive Landscape

The key players operating in the market are mainly investing large amounts on technological upgradation. Apart from that, the companies are also focusing on mergers in order to expand their market.

Some of the recent developments in the electric utility vehicles market are:

In September 2022, Bollinger Motors and Wabash announced joint development to produce last-mile refrigerated delivery electric truck.
In September 2022, Tesla announced Joe Gebbia as new independent director.
Key Companies Profiled

Tesla
Hyundai Motor Group
General Motor Company
Mahindra Electric Mobility
Columbia Vehicle Group
Star EV Corporation
Neuron EV
Bollinger Motors
Ford Motor Company
Toyota Motor Corporation
Electric Utility Vehicles Market Segmentation

By Type:

Electric ATVs
Electric UTVs
Electric Utility Carts
Electric Shuttle Carts
By Battery Type:

Lead Acid
Lithium-ion
By Drive Type:

2WD
4WD
AWD
By Application:

Commercial Transport
Recreation
Agriculture
Industrial
Others

Smart Speed Bumps Market Growth, Opportunity Outlook during 2020-2028

Research Nester released a report titled “Smart Speed Bumps Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global smart speed bumps market in terms of market segmentation by product, by elements, by end user, by connection and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The smart speed bump market is segmented by product, by elements, by end user, by connection and by region. On the basis of product, the market is further segmented into speed bump, speed hump, speed table and speed cushion. The global market is anticipated to record a significant CAGR throughout the forecast period, i.e., 2020-2028. Since people are shifting from conventional technology to advanced technology, smart speed bumps are predicted to witness a great opportunity in the developed nations with controlled traffic and the companies are estimated to earn higher revenue due to lesser competition.
Smart speed bump is an upgrade which is the need of the hour. They are different from normal speed breakers as they open only when the vehicles are exceeding the speed limit and give relaxation to those who are following the guidelines for maximum speed allowed, as well as to the emergency vehicles, i.e., they can pass through it without any interference.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-2498

Based on the regional analysis, the smart speed bump market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, Middle East & Africa region. The market for smart speed bump in Europe is anticipated to hold the leading share as these were first installed at Sweden’s Linkoping and have spread to different states like Uppsala and Malmo. Also, they are estimated to have a great future in the regions where there is less traffic and minimum snowfall.
Growing Need of Advanced Technology in today’s competitive market
The growing need of advanced technology has witnessed a multiplied growth over the years. People today are shifting from traditional technology to modern technology. Smart speed bumps have a great opportunity as they are completely different from other speed breakers. These may require some resources for the installation and maintenance however, which is estimated to be a very effective option in order to control the traffic and prevent people from speeding.
However, there are concerns regarding the damage done to cars as it has been observed that even when being driven at a moderate speed, shock absorption system of cars is damaged due to these speed breakers. Thus, this factor is predicted to limit the growth of smart speed bumps market.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
This report also provides the existing competitive scenario of the key player of smart speed bumps market, which includes company profiling of Edeva. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of smart speed bumps market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-2498
About Research Nester
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:
AJ Daniel
Email: sales@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919

Injection Molding Machine Market To Boost The Growth During 2020-2028

Research Nester released a report titled “Injection Molding Machine Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global injection molding machine market in terms of market segmentation by product type, machine, clamping force, end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Injection molding machine are used for mass manufacturing of molded plastics, metal or rubber parts. Owing to its applications in production of automotive components and plastic products coupled with its increased efficiency in production output, the injection molding machine market is anticipated to record a significant CAGR throughout the forecast period, i.e., 2020-2028. The market is segmented by machine into hydraulic, electric and hybrid, out of which, the segment for hydraulic is anticipated to hold the leading share in the injection molding machine market. This can be attributed to its advantages such as providing peak power as per the requirement along with its key benefits such as enhanced performance and, longer lifetime and service period.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-2534
Based on the regional analysis, the injection molding machine market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for injection molding machine in Asia Pacific is predicted to hold the highest share in the market on account of the increasing automobile and plastics industries along with the competitive production costs in this region, as well as for the presence of leading market players.
Growing Demand of Automotive Parts and Accessories to Boost the Market Growth
As per the European Automobile Manufacturers Association (ACEA), 98.1 million motor vehicles were produced around the world in 2018.
Increasing automotive industry and its requirements of automobile parts such as bumper, seat covers and lighting systems are fueling the demand of injection molding machines. Further, the demand for automobiles is constantly increasing in China, India, and Japan. Additionally, there is increased demand of plastic products worldwide. This is anticipated to significantly expand the injection molding machine market. However, high tooling cost of machine and basic design constraints associated with parts is estimated to hamper the market growth.
This report also provides the existing competitive scenario of some of the key players of the global injection molding machine market which includes company profiling of Haitian Plastics Machinery Group Co., Ltd. (HKEX:1882), Chen Hsong Holdings Ltd. (HKEX057), The Japan Steel Works, Ltd. (TYO: 5631), Nissei Plastic Industrial Co., Ltd., Negri Bossi S.P.A, Husky Injection Molding Systems Ltd., Sumitomo Heavy Industries, Ltd. (TYO: 6302), GSH Industries, Dongshin Hydraulics Co., Ltd., Milacron Ltd. and Arburg Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global injection molding machine market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-2534
About Research Nester
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavours. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:
AJ Daniel
Email: sales@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919

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Epilators Market Outlook By A CAGR Of 8.5% Throughout 2020-2028

The epilator market is anticipated to record a CAGR of around 8.5% over the forecast period, i.e., 2020-2028
Research Nester has released a report titled “Epilator Market – Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global epilator market in terms of market segmentation by epilator type, form, distribution channel, end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Epilator is a personal care device that is used by individuals to remove growing hairs on the skin. Based on the functionality of waxing, the rotatory blades of the epilators remove the hairs from its roots. The major benefit of using epilators is that it gives the user cost effective salon services and it do no demand replacement of its parts at regular basis.
The epilator market is anticipated to record a CAGR of around 8.5% over the forecast period, i.e., 2020-2028. The market is segmented by form into cordless and corded, out of which, the cordless segment is anticipated to hold the largest market share. The growth of the segment can be attributed to the numerous benefits associated with the cordless epilators, such as greater portability, can be used in all directions, along with the freedom to use the epilator without the cord getting tangled. Regionally, the global epilator market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.Among these regions, the market in North America is anticipated to grow at a decent rate over the forecast period on the back of the presence of a huge working population, coupled with the increasing need for advanced personal care products, backed by the increasing disposable income of individuals.
Download Sample of This Strategic Report @https://www.researchnester.com/sample-request-2485
Growing Need for Portable Handheld Hair Removal Devices
The personal care segment in the consumer appliances industry has observed significant advancements in technology. As such, epilators, which are used as a personal care appliance for the removal of hair, has observed a high adoption rate over the years owing to the benefits associated with the device, along with the increasing household disposable income of individuals around the globe and the increasing purchasing power. Moreover, these devices have been a major attraction for the working population, which is growing significantly over the years. Owing to the lack of time for personal hygiene as well as to travel to a beauty salon for hair removal services, epilators have been an effective tool for such people. Such factors are anticipated to drive the growth of the global epilator market over the coming years.
However, concerns regarding the side effects associated with the use of epilators, including redness of skin, sore skin, skin bumps and others, is predicted to hamper the market growth.
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This report also provides the existing competitive scenario of some of the key players of the global epilator market, which includes company profiling of Emjoi, Inc., KoninklijkePhilips N.V. (AMS: PHIA), Panasonic Corporation (TYO: 6752), Procter &Gamble (NYSE: PG), Vega Industries Private Limited, EpiladyUSA, Spectrum Brands, Inc. (NYSE: SP, The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global epilators market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.


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Research Nester
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Tel: +1-6465869123

The market demand for battery thermal systems of electric vehicles was estimated at US$ 1,059.7 million in 2018, which registered a CAGR of 14.8% from 2018 to 2022. In the present year 2023, the overall valuation of the global EV thermal system market size is anticipated to be around US$ 2,243.7 million. As per the analysis report, the market is expected to register a CAGR of 21.4% to reach a valuation of US$ 15,600.9 million by the conclusion of this forecast period.

The main driver fueling the expansion of the thermal system for the EVs market is the rising popularity of zero-emission cars in various parts of the world. Sales of EVs have increased significantly in nations like China, Norway, and the United States, establishing an advanced EV thermal system market.

The need for electric-powered automobiles has compelled manufacturers to create better heat management technologies, as the use of heat has been eliminated. Rapid charging technologies and battery size reduction are anticipated to increase the sales of EVs, indirectly driving the sales of EV thermal systems. Moreover, the growth in demand for EV thermal systems is probably going to be supported by technical developments in the area of battery heat management.

Key Takeaways

The United States captures a total market share of 10.8% of the revenue and leads the global market through higher investment in research and development.
Germany is the second leading market in the world for sales of EV thermal systems and sets the trend in Europe. The German EV thermal system market is projected to reach US$ 1,240 million by the end of the year 2033.
In Asia Pacific, India is witnessing a higher growth trend with an upsurge in sales of electric vehicles in the country. During the forecast years, the CAGR to be registered by the country is about 22.8%.
For more information: https://www.futuremarketinsigh....ts.com/reports/ev-th

Competitive Landscape

Borg Warner Inc., Dana Limited, Hanon Systems, Valeo SA, Denso Corporation, Robert Bosch GmbH, Mahle GmbH, VOSS Automotive GmbH, Modine Manufacturing Company, Gentherm, CapTherm Systems, LG Chem Ltd., Visteon Corporation are a few key players in the global EV thermal system market.

Recent Developments in the EV Thermal System Industry

In May 2022, Modine Company unveiled its brand-new EVantage Series of thermal systems for commercial electric vehicles. This system concentrates on enhancing the safety, range, and battery life of industrial EVs. For all loads, the system maintains traction motor and power electronics cooling.
In May 2022, Eberspaecher Company introduced its brand-new H2-ICE thermal exhaust system for hydrogen fuel electric vehicles (FCEVs). This new exhaust system guarantees the appropriate operation of the entire system, while taking into account the particular needs of this fuel. This would keep an eye on rules governing exhaust gases, including NO2, contaminants, and unburned hydrocarbons generated by the hydrogen FUEL engine.
in February 2022, BorgWarner Inc. declared that the company had supplied the iX and i4 with fully electric architectures for the BMW Group. With this ground-breaking High-Voltage Coolant Heater (HVCH) solution, the company would aid in the management of the battery and cabin temperature, increasing the EV's longevity and driving range.
The Denso Company said that they have created a brand-new battery-monitoring integrated circuit (IC) for lithium-ion batteries in the year 2020. This new IC increases fuel economy and increases the range of HEVs and BEVs both. Detecting voltage levels while keeping an eye on many batteries is also helpful, consequently growing the market portfolio of the organizations.

To prosper in this competitive marketplace, businesses are highly benefited if they adopt innovative solutions such as the Asthma Treatment Market Size research report. A number of estimations and calculations have been executed in this market report by assuming a definite base year and the historic year. The market document also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis.

Full Report: https://www.fortunebusinessins....ights.com/industry-r