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Automotive Connectors Market Outlook For Europe: Research Report 2022-2027

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According to the latest report by IMARC Group, titled “ Europe Automotive Connectors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the Europe automotive connectors market is expected to exhibit a CAGR of 6.6% during 2022-2027. Market Trends: The increasing environmental consciousness among consumers, along with the rising need for eco-friendly automobiles, has prompted the governments of numerous countries across Europe to introduce favorable policies for promoting the usage of electric vehicles (EVs) to reduce greenhouse gas (GHG) emissions. This, in turn, is primarily driving the  automotive connectors market growth across the Europe . In line with this, significant technological advancements, such as the integration of electronic control units (ECUs) for improving the drivability and overall vehicle performance, are propelling the market growth. Apart from this, the extensive utilization of plastic optical fiber (POF) due to the increasing deman
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Passenger Cars Market Share, Size, Trends, Demand, Opportunities and Statistics 2022-2027

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According to IMARC Group’s latest report, “ Passenger Cars Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global passenger cars market size expected to grow at a CAGR of 8.50% during 2022-2027.  Passenger cars refer to motor vehicles designed for the transportation of people with a maximum seating capability of nine, including the driver. They comprise mini vans, sports utility vehicles, motorcycles, electric-powered cars and vehicles, engine scooters, bicycles, vans, light and pickup trucks, etc. Passenger cars rely on lubricating oils to protect against corrosion, wear and tear, low and high-temperature deposits, and oxidation. They assist in covering distances between work, educational institutions, home, shopping and leisure facilities, etc. In addition, passenger cars also offer enhanced mechanics, engines, aerodynamics, performance, autonomous control, and entertainment.  Passenger Cars Market Trends: The escalating need for advanced driv
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Aviation Test Equipment Market Size Analysis, Business Scope, Drivers and Growth Opportunities by 2027 | Aviation Industry Report

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According to the latest report by IMARC Group, titled “ Aviation Test Equipment Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” the global aviation test equipment market size reached US$ 7.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2027 , exhibiting a growth rate (CAGR) of 4.5% during 2022-2027. Aviation Industry: Aviation Test Equipment Market Aviation Test Equipment Market Overview: Aviation test equipment is primarily used for the evaluation, calibration, inspection, and testing of various aircraft devices. Several instruments are used for the maintenance of electrical power and hydraulic systems in an aircraft that aim to resolve and inspect electrical and mechanical issues, repair the brakes, and conduct performance checks on various components of the aircraft. Some of the common aviation test equipment include pressure and vacuum instrument chambers, single-axis rate tables,
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How Big is the Scandinavia Car Rental Market?

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According to IMARC Group’s latest report, “ Scandinavia Car Rental Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the Scandinavia car rental market is expected to exhibit a CAGR of 11.6% during 2022-2027. Report Coverage: Report Features Details Base Year of the Analysis 2021  Historical Period 2016-2021 Forecast Period 2022-2027 Market Trends and Drivers: The elevating urban population, coupled with significant expansion of the travel and tourism industry, are primarily driving the Scandinavia car rental market. Furthermore, the growing adoption of car rental services in the form of carpooling and taxis for cost-effective traveling and increased mobility is also propelling the regional market. Additionally, due to the rising air pollution, several government bodies are focusing on reducing vehicular emissions and promoting car rental services as sustainable and economical modes of transportation. Numerous other factors, such as the introduction of
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Asia Pacific Tire Market Share, Size 2022, Demand and Business Outlook by 2027

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 According to the latest report by IMARC Group, titled “ Asia Pacific Tire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the  Asia Pacific tire market size  reached 1,170 Million Units in 2021. Looking forward, IMARC Group expects the market to reach 1,520 Million Units by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027. Industry Overview and Application: Tire refers to a circular automotive component that is made up of natural or synthetic rubber compound, silica, wire, carbon black, steel, etc., and is inflated with compressed air. It is largely available in radial and bias construction variants and numerous sizes. These automotive tire models are custom-built for supporting the weight of a vehicle, absorbing road shocks, and transmitting traction for acceleration and braking. They help maintain and change the direction of travel thereby ensuring passenger safety and a seamless car handling experience. Consequently, tire products a
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Future Growth of Bus Industry in U.S.

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The U.S. bus market will reach $11,237.7 million by 2030 at a CAGR of 4.7% during the forecast period, from $7,453.4 million in 2021. This is owing to the rapid urbanization and rising government spending on the advancement of public transport vehicles. Compared to traveling by personal vehicles, they conserve fuel and release lower levels of volatile chemicals into the air. Apart from this, they also meet economical standards, as the cost of traveling by public transport is a lot less than that of a single gallon of gasoline and diesel. U.S. Bus Market Report Analysis 2022-2030 The electric category in the U.S. bus market will have the fastest growth within the propulsion segment, at a CAGR of approximately 30%, in the coming years. This can be ascribed to the subsidies, financial incentives, and tax credits offered by the federal and state governments on the sale of electric buses. Since these are high-occupancy vehicles, they certify for exemptions from toll charges in various stat
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U.S. Electric Bus Market Projected to Garner Significant Revenue

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The increasing concerns being raised by several environmental agencies and local governments over the rapid deterioration of air quality are driving the demand for electric buses in the U.S. As vehicular emissions contribute heavily toward the escalating air pollution levels, the degradation of the environment is propelling the deployment of electric buses in the country. Presently, conventional diesel-powered buses are a major part of the public transportation system, but they contribute massively toward the soaring greenhouse gas emissions.  Moreover, the enactment of strict environmental regulations is also positively impacting the deployment of these buses in the country.  Besides these factors, the falling prices of lithium-ion batteries are also supporting the expansion of the U.S. electric bus market, which will witness a surge in its revenue from $490.6 million in 2021 to $1,924.8 million by 2026. According to the estimates of the market research company, P&S Intelligence,
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