Growth in Demand from Automakers will Drive the Indian Automotive Motor Market
Published: Oct 2020
The Indian automotive motor market is projected to grow at a double-digit CAGR during the forecast period. Considerable prospects for the growth in the Indian automotive market can be witnessed during the forecast period which will augment the automotive motor market. The electric vehicle market in the country is at the nascent stage as most of the electric vehicles sold are two-wheelers & light commercial vehicles (E-rickshaw) and very few electric cars are on the road. With the new launch of EVs in the country, substantial growth is witnessed during the forecast period.
Automakers to Accelerate the Germany Automotive Motor Market
Published: Oct 2020
The Germany automotive motor market is projected to grow at a lucrative CAGR of 8.9% during the forecast period. The presence of the global renowned automakers in the country is one of the major factors that drive the Germany automotive motor market. Players such as Audi, BMW, Ford-Werke GmbH, Mercedes-Benz, Volkswagen among many others are working in the country in the automotive industry.
Footprints of Major Automakers Fuel the Europe Automotive Motor Market
Published: Oct 2020
The European automotive motor market is projected to grow at a significant CAGR of 9.1% during the forecast period. The key factors that drive the European automotive motor market include the establishment of leading automotive manufacturers in the region. The prominent automotive players in the region include Daimler AG, Groupe PSA, Volkswagen AG, BMW AG, Audi AG, Jaguar Land Rover Ltd., and Groupe Renault among others which are creating a significant demand for automotive motor for their vehicles.
Asia-Pacific Automotive Motor Market Key Aspects
Published: Oct 2020
The Asia-Pacific Automotive Motor market is projected to grow at a significant CAGR of 9.7% during the forecast period. The growth is mainly attributed to the future prospect of growth in the automotive industry in the region, which is primarily involved in the development of innovative technologies in the region. The traditional vehicle is frequently being replaced by electric vehicles, which is significantly driving the growth of the market.
Increased Electric Vehicles Adoption to Drive the Global Automotive Motor Market Key Aspects
Published: Oct 2020
The global automotive motor market is projected to grow at a significant CAGR of 8.5% during the forecast period. The demand for vehicles is directly proportional to the sales of automotive motors, thus, the expected growth in vehicle sales in the future will drive the growth of the global automotive motors market. In addition, the average number of motors per vehicle is also increasing which is further expected to drive the market growth during the forecast period.
Rising Obesity Rate to Encourage US Fat Replacers Market Growth
Published: Sep 2020
The US fat replacers market is projected to grow at a CAGR of 5.2% during the forecast period. The key factors that drive the US fat replacers industry include the increasing cases of obesity across the country over the forecast period. As per the Centers for Disease Control and Prevention, obesity is a common, serious, and costly disease.
Elimination of Trans Fat to Fuel the UK Fat Replacers Market
Published: Sep 2020
The UK fat replacers market is projected to grow at a CAGR of 6.6% during the forecast period. The key factors that drive the market include the shift of the consumers towards the adoption of a healthy lifestyle and inclination towards the low-fat/fat-free food products in their routine consumption.
Bakery and Confectionery Segment to Contribute to the North American Fat Replacers Market
Published: Sep 2020
The North American fat replacers market is projected to grow at a CAGR of 5.6% during the forecast period. The key factors that drive the market include the increased adoption of bakery and confectionery among several other food items.
Carbohydrate-based Fat Replacers to Accelerate the European Fat Replacers Market
Published: Sep 2020
The European fat replacers market is projected to grow at a CAGR of 6.1% during the forecast period. The market report covers the analysis of major European economies including the UK, Germany, France, Italy, Spain, and the Rest of Europe.
Consumer Awareness to Drive the Asia-Pacific Fat Replacers Market
Published: Sep 2020
The Asia-Pacific fat replacers market is projected to grow at a significant CAGR of 8.1% during the forecast period. The key factors that drive the market include the increased awareness of the consumers towards the health and lifestyle.