Electric Bikes Market: - Paving A Way to Sustainable Future Do you know that a 2-wheeler emits approximately the same CO2 emissions as a car? For your astonishment the amount is estimated to be 300 grams of CO2 per kilometer. In order to attenuate the consequences of the carbon emission, various innovations such as electric bikes have been done. Researchers suggest that electric vehicles such as bikes and car can be an effective solution to the air pollution. Owing to this, electric bikes market is increasing significantly and the governments all over the world are making favorable laws. In this article, let us understand the advantages of the electric bikes and why they are the future of vehicle industry. Let us distinguish between a regular bike and electric bike- An electric bike incorporates all the feature of a regular or the conventional cycle with the addition of an electrical drive system. The electric bike also needs to be peddled but they have a slightly heavier and bigger than ordinary bike due to its motor. Let us devour ourselves to understand the advantages of an electric bike. Benefits of using electric bike: - 1- Eco-friendly These electric bikes are efficient and extremely eco-friendly as the run on the rechargeable batteries and do not require any fuel. Furthermore, these bikes do not release any harmful gases into the atmosphere. Owing to this, if a larger population would use these bikes, it will definitely help out in reducing overall carbon emission. 2- Flexible and fast The technology involved in making electric bikes gives you oomph to travel miles of distance with very little efforts. The electric bike rider can simply slash the traffic while commuting. There are different hassle-free lanes available in the cities now where the traffic is less. Although, the bikers are advised to wear full face bike helmet and knee caps to avoid any kind of injury.
10/27/2022Global Blockchain Technology Market to Expand at a CAGR of ~68% on the Back of Growing Adoption of Blockchain Solutions for Various Applications Kenneth Research published a report titled “Blockchain Technology Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers a detailed overview of blockchain technology in terms of market segmentation by component, type, application, provider, industry, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global blockchain technology market was valued at approximately USD 6 Billion in 2021 and further grow at a CAGR of nearly 68% over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to the increasing adoption of blockchain solutions to safeguard data, and various other applications, such as smart contracts, digital identity payments, and many more. The market is segmented by type into public, private, and hybrid, out of which, the public segment is expected to witness the highest growth during the forecast period owing to growing need of many organizations and government on building up a structured, safe, and well-organized transaction base. Geographically, the global blockchain technology market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region, out of which, the Asia Pacific region is expected to witness growth at a CAGR of 50% on the back of rapid rise in the adoption of blockchain technology by the organizations in the region to protect their data against cyber-attacks and ensure full safety to their clients, and an increase in the investments by major companies in the region. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report. Rise in Investments in Blockchain Technology over Increasing Cyber Threats to Boost Market Growth These days, with increasing cyber-attack incidences, organizations are relying on cloud-based technology for storage of important information and data to protect them against cyber-attacks and data breaching. This is driving increasing investments in blockchain technology around the world. The global spending on blockchain technology is estimated to reach nearly USD 20 billion by 2024. These factors are expected to boost the growth of the global blockchain technology market.
10/20/2022Urinary Catheter Market Is Anticipated To Reach Us$ 4599.80 Million And Expanding At A High 5.83% CAGR Over The 2022-2032 Kenneth Research recently added a report on Urinary Catheter Market which provides a detailed insight into the market scenario on the basis of the market size, market volume and the compound annual growth rate (CAGR) of the market over the forecast period, i.e., 2022-2031. According to the U.S. Centers for Medicare & Medicaid Services, the national health spending is estimated to grow at an annual rate of 5.5% during 2018-2027 in the United States. Moreover, the total spending in the healthcare industry in the country is anticipated to reach around USD 6 trillion by the end of 2027. On the back of such factors, the market is predicted to observe a significant growth in the next few years. The market is anticipated to grow at a significant CAGR over the forecast period. It is segmented into Segment. Each segment is further sub-segmented and then the market growth is analysed based on each division. Moreover, on the basis of region, the Urinary Catheter Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In the year 2019, the expenditure on hospital by the Medicaid grew up to 5.1% in the United States. This is anticipated to grow further at a rate of 5.7% per year during 2020-2027. The market is further sub-segmented based on geography and the market growth each country is assessed. These include North America (U.S. & Canada); Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific); Latin America (Brazil, Mexico, Argentina, Rest of Latin America); and Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). The report further consists of an in-depth evaluation of the company profiles and business strategies adopted by the key market players at a global level. The leading companies included in the report are Coloplast Group, ConvaTec Group Plc, Becton, Dickinson and Company, Medtronic PLC, Teleflex Incorporated, Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Contact for more Info:
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