Europe battery recycling market is expected to record a positive CAGR of 40.0% and reach approximately US$3.5 Bn by 2027: Ken Research

Battery recycling is the technique of reusing and reprocessing batteries with the goal of minimizing the number of batteries disposed of away as material waste. The Europe battery recycling market is expected to record a positive CAGR of ~40.0% during the forecast period (2022-2027) and reach approximately US$3.5 Bn by 2027, primarily driven by the depleting… Read More »

Europe Electric Powertrain Market is expected to record a positive CAGR of nearly 11% during the forecast period (2022-2027): Ken Research

According to Ken Research estimates, the Europe Electric Powertrain Market – which grew from around US$ 14 Billion in 2017 to nearly US$95 Billion in 2021 – is expected to grow further into a more than US$ 160 Billion opportunity by 2027. The Europe Electric Powertrain Market is expected to record a positive CAGR of nearly 11% during the… Read More »

On-Demand transportation, Technological Innovations, and the Expansion of the tourism industry with rising foreign tourists are boosting the Netherlands Car Rental Market: Ken Research

Driven by Increasing Demand from the Working-age Population and Expansion of the Tourism and Travel Industry, the car rental market in the Netherlands has ample growth potential in the coming years. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. With the new trend evolution… Read More »

Global Grease Market is expected to record a CAGR of ~5% and to reach a size of US$7 billion by 2028: Ken Research

Grease is a solid or semisolid liquid lubrication. Lubricating grease consists of 65 to 95% base oil, 3 to 30% thickener, and 0 to 10% additives. The main function of grease is to provide lubrication without leaking and contacting the material. The functional properties of grease include better performance than oil, solid sealant, prevents leakage, and… Read More »

The Turkey used car industry is growing, owing to increase in price of new cars and government initiatives: Ken Research

Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in Turkey. COVID Affecting Market Growth: Due to the impact of COVID-19, there has been a substantial decrease in the denominator (new car sales) while the numerator, i.e. the… Read More »

South Korea Used Car Market is in Growing Stage, Being Driven by Sales of Rental Used Cars, Emerging Green Car Loans and Growing Digital Advancements – Ken Research

1. GTV for used car market in South Korea has been increasing post 2020, however the used to new car ratio has been declining since 2017 The pre-owned car industry in South Korea is currently in maturity stage. Used to new car sales ratio in the country has declined from 1.38 in 2017 to 1.33… Read More »

Global Automotive Camera Market is expected to reach nearly US$ 20 billion by 2028: Ken Research

Global Automotive Camera Market is expected to record a positive CAGR of ~12% during the forecast period (2022-2028) and is expected to reach nearly US$ 20 billion by 2028, owing to increasing concerns regarding the drivers’ safety along with supportive legislations for installing safety technologies in passenger cars. The growing consumer demand for active safety systems… Read More »

Kuwait Vehicle Leasing Market is Estimated to Grow at a Positive CAGR of 11% in between 2022E and 2026F: Ken Research

Driven by burgeoning youth population, government projects and innovative products in the market Millennials Preferring Leasing Vehicles: The Kuwait Car Leasing Market has witnessed that almost half of the people in the country specially millennials aging between 20 – 40 years prefer to change their vehicle in every few years so to drive a newer… Read More »