Increasing Demand and Range of Electric Commercial Vehicle Market Overview from 2020 to 2027

According to the new market research report "Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, and Region - Global Forecast to 2027", published by MarketsandMarkets™, The Electric Commercial Vehicle Market is projected to grow from 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%.Browse and in-depth TOC on "Electric Commercial Vehicle Market"      137 - Tables53 - Figures170 - Pages The growth of the Electric Commercial Vehicle Market can be attributed to the increasing focus of countries on the electrification of their public transport fleets and the increasing demand for zero-emission vehicles in the logistics sector.

Advancements in battery pack technologies and electric powertrains are some of the major factors driving the growth of the electric commercial vehicle industry.Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.

It comprises some of the fastest developing and developed economies in the world, such as China, India, and Japan.

The market growth in the region can be attributed to the dominance of the Chinese market in the electric bus segment and the presence of market-leading OEMs in the country as well, resulting in the exponential growth of Electric Commercial Vehicle Market in the Asia Pacific.

The increasing demand for electric vans in the logistics sector and focus on the electrification of public transport fleet are driving the Electric Commercial Vehicle Market in Europe.

The region is a hub to major players such as AB Volvo (Sweden), VDL Bus and Coach (Netherlands), Daimler (Germany), CAF (Spain), EBUSCO (Netherlands), Scania (Sweden), and Emoss Mobile Systems (Netherlands).

JUNE 29, 2020: The global Anti Money Laundering market size is expected to reach USD 1.99 billion by 2025, registering a CAGR of 13.6% over the forecast period according to a new report by Grand View Research, Inc. As the detection and prevention of money laundering threats increase with improvements in law enforcement activities, criminals and corrupt individuals are taking substantial care to conceal the sources of their illicit wealth.Global concerns about the growing incidences of sophisticated organized crimes, terrorism, and corruption and their negative impact on peace, security, and development of countries globally have signaled a need for concerted action by governments.

These solutions are anticipated to establish procedures to curb practices facilitated by cyber-criminals and corrupt individuals, reducing the concerns of converting or disguising illegally obtained funds as legitimate income.AML solutions are expected to aid governments in mitigating the risk of anonymity in transaction and fund transfers that facilitate money laundering activities.

Moreover, AML is expected to help enterprises to decrease the risk associated with cross-border transactions and the exploitation of virtual currency due to threats.

To Request A Sample Copy Of This Report @:   https://www.radiantinsights.com/research/anti-money-laundering-market/request-sampleThe use of advanced technologies such as anonymous online payment portals, online banking platform, and Peer-to-Peer (P2P) money transfer applications for mobile phones have led to a notable rise in the number of e-transactions taking place across the globe in the past few years.

While these developments have eased the way funds can be transferred between two nodes, they have also created vulnerabilities and several new ways for illegally transferring money that are more difficult to detect.

Moreover, hackers are potentially transferring or withdrawing money, leaving a minute or no trace of an IP address with the use of anonymizing software and proxy servers.

Mar 04, 2020: The global Aerosol market size is anticipated to reach USD 143.64 billion by 2027, according to a new report by Radiant Insights, Inc.

Rising demand for aerosol products from various end-use industries such as personal care, household, automotive and industrial, and medical is anticipated to drive the market growth.Aerosol paints are increasingly being used for automotive as well as architectural paint application.

Furthermore, the rapidly expanding construction sector, especially in developing countries, such as India, China, Vietnam, and Indonesia, are expected to fuel the demand in paint application.To Request A Sample Copy Of This Report @:   https://www.radiantinsights.com/research/aerosol-market/request-sampleWhat is aerosol:An aerosol is a suspension of fine solid particles or liquid droplets in air or another gas.

Examples of natural aerosols are fog, dust, forest exudates and geyser steamConsiderably high prevalence of respiratory diseases such as asthma and Chronic Obstructive Pulmonary Disease (COPD), majorly due to the changing lifestyle and rising geriatric population is principally driving the demand for aerosol-based inhalers.

In addition, rising demand for various pain relief sprays owing to their convenience of application is further anticipated to drive the product demand.Asia Pacific is among the significant regional markets for aerosol.

For example, in February 2019, Vanesa Care announced plans to setup its fourth manufacturing facility in India.

Global Electric Commercial Vehicle Market Research Report: Information by Vehicle Type, Component, Propulsion, Range, Region - Forecast Till 2023.Key Players:The prominent players in the electric commercial vehicle market include Tesla (US), Nissan (Japan), BYD (China), Daimler (Germany), Proterra (US), LG Chem (South Korea), Zhongtong Bus Holding Co., Ltd (China) and Panasonic (Japan).

Mitsubishi Electric (Japan), Toshiba (Japan), Ballard Power Systems (Canada), Delphi (US), ABB (Switzerland), Continental (Germany), Siemens(Germany) are among others.Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/6921Electric Commercial Vehicle market HighlightsThe electric commercial vehicle market is increasing gradually, mainly due to the rising demand for environment-friendly vehicles.

Commercial electric vehicles are garnering huge popularity, becoming an attractive option for reduced maintenance cost.Countries, across the world, are striving to reduce vehicular carbon emission by promoting electric vehicle and creating the necessary infrastructure.

Rising government efforts, such as subsidy plans and incentive programs to encourage adoption of electric commercial vehicles, are impacting the regional market growth, positively.Manufacturers of commercial electric vehicles are continuously working on developing low-cost, fast-charging battery technologies that support long-range and yield promising results.

Changing consumer preference to adapt electric commercial vehicle in recent years is a major factor pushing the market for commercial electric vehicles ahead.On the other hand, intense lobbying of oil companies against EV, limited battery power, and longer charging duration are some of the key factors expected to hamper the growth of the market.Nevertheless, increasing demand from the logistics industry to minimize the additional liability of fuel expense would support the growth of the market.

Also, increasing research activities for developing battery packs for EVs, which have high power storage capacity and require less charging time are expected to propel the growth of the electric commercial vehicle market.Commercial Electric Vehicle Market Segmentation:Electric commercial vehicle market is segmented on the basis of vehicle type, range, components, propulsion, and region.On the basis of vehicle type, the market has been segmented into bus, truck and others.