Report ID: UCMIG20V2008
Report ID:
UCMIG20V2008 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2017, the global electric transporters market reached USD 35.10 billion and is predicted to grow at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period. The rise in fuel costs has resulted in increased sales of electric transporters in recent years. As a more environmentally friendly alternative to traditional modes of transportation, electric transportation is expected to become increasingly prevalent in the coming years. In addition to increasing fuel costs, the extra maintenance expenses associated with traditional vehicles are likely to drive market expansion.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Trucking by segment aggregation, the contribution of the Trucking in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG20V2008