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Showing posts from August, 2023

Low Speed Electric Vehicle (LSEV) Market Size, Share, Trend Analysis

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global low speed electric vehicle (LSEV) market size at USD 5.02 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global   low speed electric vehicle (LSEV) market   size to grow at a significant CAGR of 8.86% reaching a value of USD 9.02 billion by 2029. Major growth drivers for the global low speed electric vehicle (LSEV) market include an increasing demand for eco-friendly transportation options, government initiatives to reduce emissions, and rising advancements in electric vehicle technology. The growing awareness among the public regarding the advantages of using LSEVs as a cost-effective and environmentally friendly transportation option is expected to further boost the global market. Notably, the global adoption of 3D printing technology for customizing vehicles is on the rise, further supported by the expansio...

Europe Electric Farm Tractor Market Industry Trends & Forecast Report, 2029

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Europe electric farm tractor market size at USD 36.86 million in 2022. During the forecast period between 2023 and 2029,   Europe electric farm tractor market   size is to grow at a robust CAGR of 10.60% reaching a value of USD 66.84 million by 2029 .  Significant developments have emerged in the market for electric farm tractors in Europe in recent years. The adoption of electric farm tractors has been sparked by the increased emphasis on sustainable agricultural methods and the pressing need to minimize carbon emissions. Governments and agricultural organizations are promoting the use of electric tractors through incentives and subsidies, which is helping to expand the industry. The development of charging infrastructure and greater battery efficiency are two examples of technological developments that have significantly contributed to the market's expans...

Vietnam Used Car Market By Type of Vehicle, Share, Forecast 2022-2029

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam used car market size at USD 7.87 billion in 2022. During the forecast period between 2023 and 2029,   Vietnam used car market   size is to grow at a robust CAGR of 16.77% reaching a value of USD 23.12 billion by 2029. As cost and accessibility have improved, there has been a considerable rise in demand for used cars, which is the main reason fueling the expansion of the Vietnam used car industry. A growing middle class and more disposable incomes are responsible for this expansion. Also, there has been a shift towards using internet markets and classified websites as a means of purchasing and selling old cars. Due to their dependability and affordable prices, secondhand car imports, mainly from Japan and South Korea, have increased significantly. As the nation's environmental consciousness grows, there is an increasing preference for secondhand cars that...