• The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2027.” The market size stood at USD 5.18 billion in 2019.

    Market Driver:

    Significant Utilization in Animal Feed to Drive Market

    The vast application of oats in the animal feed industry owing to its properties to improve feed value will foster the growth of the market. The higher fat content compared to other cereals enhances energy content in the feedstock. Similarly, it adds key components for easy digestibility in animals. The balanced amino acid composition along with palatability makes it ideal for poultry, horses, and piglets. Thus, boosting the growth of the market. However, the wide availability of whole grains such as wheat, barley, sorghum, and quinoa that possess nearly the same nutritional profile can as an obstruction for the growth of the market. Besides, heavy demand for barley owing to its negligible cholesterol and triglyceride levels can further dampen the growth of the market.’

    Mass Disruption in Food Industry to Impede Development during Coronavirus

    The lockdown imposed by the governments has disturbed the supply chain activities, resulting in market closure and disrupted the food services sector. The food manufacturers and processors are observing several inhibitions in their operations. The shutdown of hotels, restaurants, & Café has negatively impacted the global market. Nevertheless, the production remained unaffected as deliveries of seeds, fertilizers, and crop protection was made available by the governments. Moreover, the ease accessibility of food supplies and commodities by the governments can aid in recovering losses and incite remunerative business outcomes.

    Regional Analysis:

    Increasing Health-Conscious Consumers to Aid Growth in Europe

    The market in Europe is expected to hold a significant share during the forecast period owing to the high production in countries such as Russia, the U.K., Italy, and Spain. The increasing health consciousness among consumers to boost growth in the region. The increasing demand for healthy grain-based snacks will bolster the growth of the global market in Europe. The hectic lifestyles of European consumers have led to high nutritional food products. Hence, increased production and consumption in European Countries will spur opportunities for the market. North America is expected to hold the largest share in the global market owing to the growing consumption of porridge or oatmeal as a staple food.

    Key Development:

    November 2018: Nestle SA announced that it has added a new product to its cereals range containing whole grains, called Oat Cheerios breakfast cereals in the UK.

    The Report Lists the Key Companies in the Oats Market:

    Quaker Oats Company (PepsiCo, Inc.) (New York, U.S.)
    Morning Foods Ltd. (Crewe, United Kingdom)
    The Kellogg Company (Michigan, U.S.)
    Richardson International Ltd. (Winnipeg, Canada)
    Bob’s Red Mill Natural Foods, Inc. (Oregon, U.S.)
    Avena Foods Ltd. (Regina, Canada)
    Glanbia, Plc. (Kilkenny, Ireland)
    The Ancient Grains, Co. (Kildare, Ireland)
    Aussee Oats Milling Pvt Ltd (Gampaha, Sri Lanka)
    Blue Lake Milling (SA, Australia)
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2027.” The market size stood at USD 5.18 billion in 2019. Market Driver: Significant Utilization in Animal Feed to Drive Market The vast application of oats in the animal feed industry owing to its properties to improve feed value will foster the growth of the market. The higher fat content compared to other cereals enhances energy content in the feedstock. Similarly, it adds key components for easy digestibility in animals. The balanced amino acid composition along with palatability makes it ideal for poultry, horses, and piglets. Thus, boosting the growth of the market. However, the wide availability of whole grains such as wheat, barley, sorghum, and quinoa that possess nearly the same nutritional profile can as an obstruction for the growth of the market. Besides, heavy demand for barley owing to its negligible cholesterol and triglyceride levels can further dampen the growth of the market.’ Mass Disruption in Food Industry to Impede Development during Coronavirus The lockdown imposed by the governments has disturbed the supply chain activities, resulting in market closure and disrupted the food services sector. The food manufacturers and processors are observing several inhibitions in their operations. The shutdown of hotels, restaurants, & Café has negatively impacted the global market. Nevertheless, the production remained unaffected as deliveries of seeds, fertilizers, and crop protection was made available by the governments. Moreover, the ease accessibility of food supplies and commodities by the governments can aid in recovering losses and incite remunerative business outcomes. Regional Analysis: Increasing Health-Conscious Consumers to Aid Growth in Europe The market in Europe is expected to hold a significant share during the forecast period owing to the high production in countries such as Russia, the U.K., Italy, and Spain. The increasing health consciousness among consumers to boost growth in the region. The increasing demand for healthy grain-based snacks will bolster the growth of the global market in Europe. The hectic lifestyles of European consumers have led to high nutritional food products. Hence, increased production and consumption in European Countries will spur opportunities for the market. North America is expected to hold the largest share in the global market owing to the growing consumption of porridge or oatmeal as a staple food. Key Development: November 2018: Nestle SA announced that it has added a new product to its cereals range containing whole grains, called Oat Cheerios breakfast cereals in the UK. The Report Lists the Key Companies in the Oats Market: Quaker Oats Company (PepsiCo, Inc.) (New York, U.S.) Morning Foods Ltd. (Crewe, United Kingdom) The Kellogg Company (Michigan, U.S.) Richardson International Ltd. (Winnipeg, Canada) Bob’s Red Mill Natural Foods, Inc. (Oregon, U.S.) Avena Foods Ltd. (Regina, Canada) Glanbia, Plc. (Kilkenny, Ireland) The Ancient Grains, Co. (Kildare, Ireland) Aussee Oats Milling Pvt Ltd (Gampaha, Sri Lanka) Blue Lake Milling (SA, Australia) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Oats Market Size, Share, Growth & Industry Report [2020-2027]
    The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD 6.90 billion by 2027, exhibiting a CAGR of 3.8% during the forecast period (2020-2027).
    0 Comments 0 Shares 2K Views 0 Reviews
  • The global electric boats market is expected to grow at a CAGR of 10.4% during the forecast period. The market is estimated to secure a valuation of US$ 5.6 billion in 2023 and US$ 15.1 billion by 2033.

    How do Manufacturer's Innovations Drive the Global Market?

    Manufacturers play a vital role in the global market through innovative ideas and advanced technologies. Here are a few of the ways the manufacturers drive the global market.

    Research and Developments: Manufacturers invest huge amounts in research and development activities to expand the global market by capturing maximum share. These players focus on enhancing battery performance, lightweight materials, and better design boats. Their research activities help build reliable, safe, eco-friendly electric boats.
    Battery Technology:Electric boats rely on batteries to store energy. The manufacturers develop long-last and high-capacity batteries that improve charging speed.
    Request a Sample of this Report:
    https://www.futuremarketinsights.com/reports/sample/rep-gb-5121

    Sustainable Materials: Manufacturers focus on sustainability by developing electric boats. They are offering lightweight, cost-effective, and high-performance boats to reduce costs. These manufacturers utilize recycled materials to reduce environmental impacts and improve efficiency.
    Charging Infrastructure: Manufacturers focus on developing rapid charging infrastructure by collaborating with stakeholders. It includes smart charging implementation, installing charging stations, and innovation of wireless charging options.
    Users' Experiences and Connectivity:Manufacturers enhance their experiences through advanced technologies. These manufacturers integrate features such as mobile applications, GPS, and remote monitoring to offer better consumer experiences. These innovations improve safety with an enjoyable ride.
    Partnerships and Collaborations: The manufacturers drive the global market by collaborating with research institutes, universities, and stakeholders. These manufacturers innovate better products by acquiring skills by working together.
    These are a few steps on which manufacturers can drive the market rapidly.

    Key Takeaways:

    The electric boats market is estimated to capture a CAGR of 10.4% with a valuation of US$ 15.1 billion by 2033.
    In the historical period, the market registered a CAGR of 6.4% with a valuation of US$ 5.2 billion in 2022.
    The United States is anticipated to secure a share of 28.7% in the global market during the forecast period.
    Japan is significantly driving the global market by capturing a share of 4.8% by 2033.
    With a share of 6.3%, Germany is estimated to drive the global market during the forecast period.
    During the forecast period, China is anticipated to capture a CAGR of 10.2% in the global market.
    For more information: https://www.futuremarketinsights.com/reports/electric-boats-market

    How Key Players Are Surging the Global Market by Various Strategies?

    The market is highly competitive by the present prominent players globally. These players are expanding the global market by investing heavily in research and development activities. They focus on consumers' requirements and offer improved products to meet their desires.

    The key players adopting various marketing methodologies to fuel the global market are mergers, acquisitions, collaborations, acquisitions, and agreements. Key players reach more relevant consumers through distribution networks such as online and offline platforms. These players launch their brands at seminars, trade shows, and exhibitions to increase their sales volume.

    Key Players in the Global Market are:

    FRAUSCHER BOOTSWERFT GmbH & Co KG
    Duffy Electric Boat Company
    RAND Boats ApS
    Echandia, Lillebror Marine
    Vision Marine Technologies
    Quadrofoil d.o.o.
    NAVAL DC B.V.
    LTSMARINE
    Symphony Boat Company,
    Ruban Bleu
    Recent Developments in the Global Market are:

    In 2021, Vision Marine Technologies and Limestone Boats formed partnerships to develop electric outboard motors. Behind the partnerships, their goal is to produce 510 powerboats.
    The global electric boats market is expected to grow at a CAGR of 10.4% during the forecast period. The market is estimated to secure a valuation of US$ 5.6 billion in 2023 and US$ 15.1 billion by 2033. How do Manufacturer's Innovations Drive the Global Market? Manufacturers play a vital role in the global market through innovative ideas and advanced technologies. Here are a few of the ways the manufacturers drive the global market. Research and Developments: Manufacturers invest huge amounts in research and development activities to expand the global market by capturing maximum share. These players focus on enhancing battery performance, lightweight materials, and better design boats. Their research activities help build reliable, safe, eco-friendly electric boats. Battery Technology:Electric boats rely on batteries to store energy. The manufacturers develop long-last and high-capacity batteries that improve charging speed. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-5121 Sustainable Materials: Manufacturers focus on sustainability by developing electric boats. They are offering lightweight, cost-effective, and high-performance boats to reduce costs. These manufacturers utilize recycled materials to reduce environmental impacts and improve efficiency. Charging Infrastructure: Manufacturers focus on developing rapid charging infrastructure by collaborating with stakeholders. It includes smart charging implementation, installing charging stations, and innovation of wireless charging options. Users' Experiences and Connectivity:Manufacturers enhance their experiences through advanced technologies. These manufacturers integrate features such as mobile applications, GPS, and remote monitoring to offer better consumer experiences. These innovations improve safety with an enjoyable ride. Partnerships and Collaborations: The manufacturers drive the global market by collaborating with research institutes, universities, and stakeholders. These manufacturers innovate better products by acquiring skills by working together. These are a few steps on which manufacturers can drive the market rapidly. Key Takeaways: The electric boats market is estimated to capture a CAGR of 10.4% with a valuation of US$ 15.1 billion by 2033. In the historical period, the market registered a CAGR of 6.4% with a valuation of US$ 5.2 billion in 2022. The United States is anticipated to secure a share of 28.7% in the global market during the forecast period. Japan is significantly driving the global market by capturing a share of 4.8% by 2033. With a share of 6.3%, Germany is estimated to drive the global market during the forecast period. During the forecast period, China is anticipated to capture a CAGR of 10.2% in the global market. For more information: https://www.futuremarketinsights.com/reports/electric-boats-market How Key Players Are Surging the Global Market by Various Strategies? The market is highly competitive by the present prominent players globally. These players are expanding the global market by investing heavily in research and development activities. They focus on consumers' requirements and offer improved products to meet their desires. The key players adopting various marketing methodologies to fuel the global market are mergers, acquisitions, collaborations, acquisitions, and agreements. Key players reach more relevant consumers through distribution networks such as online and offline platforms. These players launch their brands at seminars, trade shows, and exhibitions to increase their sales volume. Key Players in the Global Market are: FRAUSCHER BOOTSWERFT GmbH & Co KG Duffy Electric Boat Company RAND Boats ApS Echandia, Lillebror Marine Vision Marine Technologies Quadrofoil d.o.o. NAVAL DC B.V. LTSMARINE Symphony Boat Company, Ruban Bleu Recent Developments in the Global Market are: In 2021, Vision Marine Technologies and Limestone Boats formed partnerships to develop electric outboard motors. Behind the partnerships, their goal is to produce 510 powerboats.
    Electric Boats Market - Sample | Future Market Insights
    Get you queries resolved from our expert analysts who will assist with all your research needs and customize the report
    0 Comments 0 Shares 721 Views 0 Reviews
  • As the market share of automatic tire inflation system market grows from US$ 2.2 Billion in 2023 to over US$ 3.6 Billion in 2033, its net worth is forecast to reach over US$ 3.6 billion by 2033. The global market for automatic tire inflation systems is expected to register a CAGR of 5.2% between 2023 and 2033 due to increased fuel demand and the need to increase tire life expectancy.

    A rise in the demand for all-terrain and military vehicles, an increase in safety features in vehicles, and a need for increased passenger comfort all contribute to the growth of the global automotive automatic tire inflation system market.

    Request a Sample of this Report:
    https://www.futuremarketinsights.com/reports/sample/rep-gb-2733

    Due to its several advantages, including improved fuel efficiency and extended tire life, automatic tire inflation systems are becoming increasingly popular in emerging economies, particularly in developing countries. The majority of the market for automatic tire inflation systems is driven by the increase in vehicle automation, as well as the increase in vehicle automation.

    In the global automotive automatic tire inflation system market, technological advancements and integration with telematics are expected to boost revenues.

    Key Takeaways from the Automatic Tire Inflation System Market Study

    The automatic tire inflation system is expected to increase at a notable CAGR of 5.2%.
    North America dominates the market for automatic tire inflation systems.
    Asia Pacific region is expected to grow at the fastest rate with an increased revenue share.
    Backed by the steadily expanding manufacturing hubs and growing demand from the automotive sector, China is the hotspot for stakeholders in the global automatic tire inflation system industry.
    Germany is the dominating country in Europe’s automatic tire inflation system industry and is set to remain in that position through 2033.
    Competitive Landscape for the Automatic Tire Inflation System Market

    There are several manufacturers who have introduced multi-performance variants of their products in an attempt to expand their product portfolios and attract consumers from a variety of industry verticals. An imperative part of a company's marketing strategy is to increase its market position by executing strategies such as mergers and acquisitions. In order to improve its position in the market, the company has implemented these strategies in order to remain competitive and gain a competitive advantage. Automatic tire inflation system manufacturers have invested heavily in R&D, resulting in several novel products that can be used across the previously niche market.

    Some major companies in the automatic tire inflation system market include

    Dana Incorporated, Meritor, Inc., EnPro Industries, Inc., Nexter Group, Servitech Industries, Inc., Hendrickson USA, L.L.C., Tire Pressure Control International Ltd., PTG Reifendruckregelsysteme GmbH, Aperia Technologies, Inc., Systems GmbH, Bigfoot Equipment Ltd., Tibus Offload Ltd. & Co. KG, AIR CTI, FTL Technology Limited, Col-Ven S.A.

    For more info: https://www.futuremarketinsights.com/reports/automatic-tire-inflation-system-market
    Recent Developments in the Automatic Tire Inflation System Market

    Michelin has introduced Zen@Terra, an all-around solution that allows tractor tire air pressure to be adjusted. In partnership with Masternaut (France), Michelin acquired one of the major European telematics companies. Masternaut Telematics provides TPMS which can be interfaced with onboard ATIS/CTIS systems for a user-friendly experience.
    As an option on their 8R series tractor, John Deere (US) will offer a home-built ATIS system in 2021.
    AIR CTI launched its new AIR Central Tire Inflation System, LMTV Tire Inflation System, and others a couple of years back.
    In February 2022, Tesla patented the first ever on-the-go tire inflation system catering to both passenger cars and commercial vehicles. The upcoming semi-truck is also expected to be compatible with this system.
    Explore FMI’s Extensive Ongoing Coverage on Automotive Domain

    Electric Boats Market

    Turbofan Engines Market

    EV Charger Market
    As the market share of automatic tire inflation system market grows from US$ 2.2 Billion in 2023 to over US$ 3.6 Billion in 2033, its net worth is forecast to reach over US$ 3.6 billion by 2033. The global market for automatic tire inflation systems is expected to register a CAGR of 5.2% between 2023 and 2033 due to increased fuel demand and the need to increase tire life expectancy. A rise in the demand for all-terrain and military vehicles, an increase in safety features in vehicles, and a need for increased passenger comfort all contribute to the growth of the global automotive automatic tire inflation system market. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2733 Due to its several advantages, including improved fuel efficiency and extended tire life, automatic tire inflation systems are becoming increasingly popular in emerging economies, particularly in developing countries. The majority of the market for automatic tire inflation systems is driven by the increase in vehicle automation, as well as the increase in vehicle automation. In the global automotive automatic tire inflation system market, technological advancements and integration with telematics are expected to boost revenues. Key Takeaways from the Automatic Tire Inflation System Market Study The automatic tire inflation system is expected to increase at a notable CAGR of 5.2%. North America dominates the market for automatic tire inflation systems. Asia Pacific region is expected to grow at the fastest rate with an increased revenue share. Backed by the steadily expanding manufacturing hubs and growing demand from the automotive sector, China is the hotspot for stakeholders in the global automatic tire inflation system industry. Germany is the dominating country in Europe’s automatic tire inflation system industry and is set to remain in that position through 2033. Competitive Landscape for the Automatic Tire Inflation System Market There are several manufacturers who have introduced multi-performance variants of their products in an attempt to expand their product portfolios and attract consumers from a variety of industry verticals. An imperative part of a company's marketing strategy is to increase its market position by executing strategies such as mergers and acquisitions. In order to improve its position in the market, the company has implemented these strategies in order to remain competitive and gain a competitive advantage. Automatic tire inflation system manufacturers have invested heavily in R&D, resulting in several novel products that can be used across the previously niche market. Some major companies in the automatic tire inflation system market include Dana Incorporated, Meritor, Inc., EnPro Industries, Inc., Nexter Group, Servitech Industries, Inc., Hendrickson USA, L.L.C., Tire Pressure Control International Ltd., PTG Reifendruckregelsysteme GmbH, Aperia Technologies, Inc., Systems GmbH, Bigfoot Equipment Ltd., Tibus Offload Ltd. & Co. KG, AIR CTI, FTL Technology Limited, Col-Ven S.A. For more info: https://www.futuremarketinsights.com/reports/automatic-tire-inflation-system-market Recent Developments in the Automatic Tire Inflation System Market Michelin has introduced Zen@Terra, an all-around solution that allows tractor tire air pressure to be adjusted. In partnership with Masternaut (France), Michelin acquired one of the major European telematics companies. Masternaut Telematics provides TPMS which can be interfaced with onboard ATIS/CTIS systems for a user-friendly experience. As an option on their 8R series tractor, John Deere (US) will offer a home-built ATIS system in 2021. AIR CTI launched its new AIR Central Tire Inflation System, LMTV Tire Inflation System, and others a couple of years back. In February 2022, Tesla patented the first ever on-the-go tire inflation system catering to both passenger cars and commercial vehicles. The upcoming semi-truck is also expected to be compatible with this system. Explore FMI’s Extensive Ongoing Coverage on Automotive Domain Electric Boats Market Turbofan Engines Market EV Charger Market
    WWW.FUTUREMARKETINSIGHTS.COM
    Automatic Tire Inflation System Market - Sample | Future Market Insights
    Get you queries resolved from our expert analysts who will assist with all your research needs and customize the report
    0 Comments 0 Shares 418 Views 0 Reviews
  • Research from Future Market Insights predicts that the global electric boats market will expand at a CAGR of 12.9% over the forecasted time period. The market for electric boats is expected to grow from US$ 5.65 billion in 2022 to US$ 19 billion by 2032.

    The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by solar energy are fast emerging as an attractive alternative to conventional boats owing to the zero emission factor.

    Request a Sample of this Report:
    https://www.futuremarketinsights.com/reports/sample/rep-gb-5121

    Further, installation of solar panels in boats reduces the weight of the boats considerably, and offers an added advantage of noise reduction. This makes solar powered boats perfect for recreational activities. Manufacturers are innovating to design solar hybrids with increased passenger capacity in keeping with the rising market demand.

    Earlier, propulsion systems in boats were powered by lead acid batteries. The use of lead acid batteries in electric boats comes with several disadvantages including added bulk and low battery cycle time. The latest trend is the adoption of lithium ion batteries for power generation in boats. Lithium ion batteries with phosphate technology are the newest trend in the global market. Besides a huge life of 10 times more than lead acid batteries, lithium ion batteries are lightweight, charge faster, have low toxicity levels, and require relatively low maintenance. These batteries can be disposed of in an environmentally friendly manner as compared to lead acid batteries. These properties have shifted boat manufacturers’ preferences towards lithium ion batteries.

    Increase in sales revenue of electric boats can be attributed to the following key factors:

    Boost in the global recreational boating industry leading to high demand for boats
    Focus on development of lightweight boats fuelled by electric power
    Adoption of small size boats for purposes of maritime security
    Focus on the reduction of emissions and awareness of the need to reduce environmental pollution
    For more information: https://www.futuremarketinsights.com/reports/electric-boats-market
    North America Undisputed Leader in the Global Market; Western Europe to Stay Second in Line

    Needless to say, North America projects the highest demand and adoption of electric boats, given the thrust on boating as a leisure activity among the American population. Western Europe is the second biggest market in terms of sales of electric boats, again given the increasing preference for recreational boating activities in the region. Markets in the Middle East & Africa and India are yet to be fully tapped and are currently witnessing relatively moderate growth in terms of both demand and sales of electric boats.

    Key Players

    Among the major international and domestic manufacturers profiled in the report are FRAUSCHER BOOTSWERFT GmbH & Co KG, Duffy Electric Boat Company, RAND Boats ApS, Echandia, Lillebror Marine, Vision Marine Technologies, Quadrofoil d.o.o., NAVAL DC B.V., LTSMARINE., Symphony Boat Company, and Ruban Bleu.
    Research from Future Market Insights predicts that the global electric boats market will expand at a CAGR of 12.9% over the forecasted time period. The market for electric boats is expected to grow from US$ 5.65 billion in 2022 to US$ 19 billion by 2032. The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by solar energy are fast emerging as an attractive alternative to conventional boats owing to the zero emission factor. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-5121 Further, installation of solar panels in boats reduces the weight of the boats considerably, and offers an added advantage of noise reduction. This makes solar powered boats perfect for recreational activities. Manufacturers are innovating to design solar hybrids with increased passenger capacity in keeping with the rising market demand. Earlier, propulsion systems in boats were powered by lead acid batteries. The use of lead acid batteries in electric boats comes with several disadvantages including added bulk and low battery cycle time. The latest trend is the adoption of lithium ion batteries for power generation in boats. Lithium ion batteries with phosphate technology are the newest trend in the global market. Besides a huge life of 10 times more than lead acid batteries, lithium ion batteries are lightweight, charge faster, have low toxicity levels, and require relatively low maintenance. These batteries can be disposed of in an environmentally friendly manner as compared to lead acid batteries. These properties have shifted boat manufacturers’ preferences towards lithium ion batteries. Increase in sales revenue of electric boats can be attributed to the following key factors: Boost in the global recreational boating industry leading to high demand for boats Focus on development of lightweight boats fuelled by electric power Adoption of small size boats for purposes of maritime security Focus on the reduction of emissions and awareness of the need to reduce environmental pollution For more information: https://www.futuremarketinsights.com/reports/electric-boats-market North America Undisputed Leader in the Global Market; Western Europe to Stay Second in Line Needless to say, North America projects the highest demand and adoption of electric boats, given the thrust on boating as a leisure activity among the American population. Western Europe is the second biggest market in terms of sales of electric boats, again given the increasing preference for recreational boating activities in the region. Markets in the Middle East & Africa and India are yet to be fully tapped and are currently witnessing relatively moderate growth in terms of both demand and sales of electric boats. Key Players Among the major international and domestic manufacturers profiled in the report are FRAUSCHER BOOTSWERFT GmbH & Co KG, Duffy Electric Boat Company, RAND Boats ApS, Echandia, Lillebror Marine, Vision Marine Technologies, Quadrofoil d.o.o., NAVAL DC B.V., LTSMARINE., Symphony Boat Company, and Ruban Bleu.
    WWW.FUTUREMARKETINSIGHTS.COM
    Electric Boats Market - Sample | Future Market Insights
    Get you queries resolved from our expert analysts who will assist with all your research needs and customize the report
    0 Comments 0 Shares 338 Views 0 Reviews
  • Research from Future Market Insights predicts that the global electric boats market size will expand at a CAGR of 12.9% over the forecasted time period. The market for electric boats is expected to grow from US$5.65 billion in 2022 to US$19 billion by 2032.

    The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by solar energy are fast emerging as an attractive alternative to conventional boats owing to the zero emission factor.

    Further, installation of solar panels in boats reduces the weight of the boats considerably, and offers an added advantage of noise reduction. This makes solar powered boats perfect for recreational activities. Manufacturers are innovating to design solar hybrids with increased passenger capacity in keeping with the rising market demand.

    Earlier, propulsion systems in boats were powered by lead acid batteries. The use of lead acid batteries in electric boats comes with several disadvantages including added bulk and low battery cycle time. The latest trend is the adoption of lithium ion batteries for power generation in boats. Lithium ion batteries with phosphate technology are the newest trend in the global market. Besides a huge life of 10 times more than lead acid batteries, lithium ion batteries are lightweight, charge faster, have low toxicity levels, and require relatively low maintenance. These batteries can be disposed of in an environmentally friendly manner as compared to lead acid batteries. These properties have shifted boat manufacturers’ preferences towards lithium ion batteries.

    Increase in sales revenue of electric boats can be attributed to the following key factors:

    Boost in the global recreational boating industry leading to high demand for boats
    Focus on development of lightweight boats fuelled by electric power
    Adoption of small size boats for purposes of maritime security
    Focus on the reduction of emissions and awareness of the need to reduce environmental pollution
    North America Undisputed Leader in the Global Market; Western Europe to Stay Second in Line

    Needless to say, North America projects the highest demand and adoption of electric boats, given the thrust on boating as a leisure activity among the American population. Western Europe is the second biggest market in terms of sales of electric boats, again given the increasing preference for recreational boating activities in the region. Markets in the Middle East & Africa and India are yet to be fully tapped and are currently witnessing relatively moderate growth in terms of both demand and sales of electric boats.

    For more information: https://www.futuremarketinsights.com/reports/electric-boats-market
    Market segmentation

    The market is segmented as given below:

    By Type

    Pure Electric
    Hybrid
    By Boat Type

    Small Size
    Medium Size
    Large Size
    By Battery Type

    Lead Acid
    Lithium Ion
    Nickel based batteries
    By Power Output

    Below 5KW
    Between 5KE to 30KW
    Above 30KW
    Research from Future Market Insights predicts that the global electric boats market size will expand at a CAGR of 12.9% over the forecasted time period. The market for electric boats is expected to grow from US$5.65 billion in 2022 to US$19 billion by 2032. The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by solar energy are fast emerging as an attractive alternative to conventional boats owing to the zero emission factor. Further, installation of solar panels in boats reduces the weight of the boats considerably, and offers an added advantage of noise reduction. This makes solar powered boats perfect for recreational activities. Manufacturers are innovating to design solar hybrids with increased passenger capacity in keeping with the rising market demand. Earlier, propulsion systems in boats were powered by lead acid batteries. The use of lead acid batteries in electric boats comes with several disadvantages including added bulk and low battery cycle time. The latest trend is the adoption of lithium ion batteries for power generation in boats. Lithium ion batteries with phosphate technology are the newest trend in the global market. Besides a huge life of 10 times more than lead acid batteries, lithium ion batteries are lightweight, charge faster, have low toxicity levels, and require relatively low maintenance. These batteries can be disposed of in an environmentally friendly manner as compared to lead acid batteries. These properties have shifted boat manufacturers’ preferences towards lithium ion batteries. Increase in sales revenue of electric boats can be attributed to the following key factors: Boost in the global recreational boating industry leading to high demand for boats Focus on development of lightweight boats fuelled by electric power Adoption of small size boats for purposes of maritime security Focus on the reduction of emissions and awareness of the need to reduce environmental pollution North America Undisputed Leader in the Global Market; Western Europe to Stay Second in Line Needless to say, North America projects the highest demand and adoption of electric boats, given the thrust on boating as a leisure activity among the American population. Western Europe is the second biggest market in terms of sales of electric boats, again given the increasing preference for recreational boating activities in the region. Markets in the Middle East & Africa and India are yet to be fully tapped and are currently witnessing relatively moderate growth in terms of both demand and sales of electric boats. For more information: https://www.futuremarketinsights.com/reports/electric-boats-market Market segmentation The market is segmented as given below: By Type Pure Electric Hybrid By Boat Type Small Size Medium Size Large Size By Battery Type Lead Acid Lithium Ion Nickel based batteries By Power Output Below 5KW Between 5KE to 30KW Above 30KW
    WWW.FUTUREMARKETINSIGHTS.COM
    Electric Boats Market
    [309 pages Report] Electric Boats Market forecasted to register 12.9% CAGR during the forecast period (2022-2032) and projected to reach US$ 19 Billion by 2032
    0 Comments 0 Shares 320 Views 0 Reviews
  • The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market.

    https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market. https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Oats Market Size, Share, Growth & Industry Report [2020-2027]
    The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD 6.90 billion by 2027, exhibiting a CAGR of 3.8% during the forecast period (2020-2027).
    0 Comments 0 Shares 143 Views 0 Reviews
  • The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2027.” The market size stood at USD 5.18 billion in 2019.

    https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    The global oats market size is expected to reach USD 6.90 billion, exhibiting a CAGR of 3.8% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2027.” The market size stood at USD 5.18 billion in 2019. https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Oats Market Size, Share, Growth & Industry Report [2020-2027]
    The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD 6.90 billion by 2027, exhibiting a CAGR of 3.8% during the forecast period (2020-2027).
    0 Comments 0 Shares 115 Views 0 Reviews