Market Research Analysts Foresee Automotive Manufacturing Industry to Experience a Surge in the Preference for Hybrid and Electric Vehicles

Renewable energy

 

Market research analysts at Technavio foresee positive growth for many segments of the automotive manufacturing industry in the next five years. In their recent findings, Technavio talks about three flourishing markets under the automotive manufacturing industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.

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Global E-bike Market 2017-2021

Industry experts at Technavio have made informed predictions pertaining to the growth of the global e-bike market for the forecast period, 2017-2021, by taking into consideration the various factors that foster the growth of the overall automotive manufacturing industry. Ongoing developments in the market space coupled with the steady shift towards automation are anticipated to reflect positively on the demand for e-bikes, the most sought after type of electric vehicle, in the global market. Technavio’s market research analysts present an in-depth analysis of the market scenario with an emphasis on parameters such as trends that impact the market’s growth and vendors who are likely to emerge as key market players. Request a sample report

Global Automotive Biofuels Market 2017-2021

The global automotive biofuels market is projected to experience substantial growth between 2017 and 2021. According to the market research analysts at Technavio, the market’s growth during the forecast period will be fueled fundamentally by significant advancements in the field of emission technologies. Spurred by growing concerns about greenhouse gas (GHG) emissions and global warming, governments of nations across the globe are implementing stringent regulations pertaining to vehicle safety. Currently, the key countries and regions that have implemented emission norms include the US, EU, Japan, South Korea, India, China, and Canada.  Request a sample report

Global Ethanol Bus Market 2017-2021

The global market for ethanol buses is expected to project growth at a CAGR of more than 10% to account for around 439 units by 2021. The market’s growth is fostered by government regulations that mandate and promote the use of ethanol in vehicles. Several countries across the globe are adopting legislations to control vehicle emissions in an attempt to contain GHG emissions and pollution. The US, EU, Japan, South Korea, India, China, and Canada are some of the countries that have already emission norms, with more countries following suit. Technavio’s industry experts have identified Scalia as the sole, dominant player in the global ethanol bus market. Request a sample report

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