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Car Rental Market Size 2021 | Is Projected to Reach USD 144.21 Billion by 2027, exhibiting a CAGR of 6.7%

Increasing Population of Smartphone Users to Drive Growth
With the emergence of latest technologies, such as improved GPS tracking and high-speed internet, most players in the car rental market are offering smartphone-based applications to their customers. This strategy helps them effectively acquire new customers and retain old ones. The increasing usage of smartphones worldwide, coupled with their high penetration in developing countries owing to reducing prices is anticipated to drive the global car rental market growth.
For instance, according to a report published by the Indian Cellular and Electronics Association and KPMG, India will register around 820 million smartphone users by 2022. In addition, the increasing demand for car rentals from corporate travelers is projected to further strengthen the growth. However, increasing fuel prices and low penetration of alternative vehicles (such as EVs) may hinder the growth. ....

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Rail Vehicle Market To Eyewitness Massive Growth By 2026: China CNR, Siemens, Knorr-Bremse

Rail Vehicle Market To Eyewitness Massive Growth By 2026: China CNR, Siemens, Knorr-Bremse
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Electric Vehicle Market to Reach USD 985.72 Billion by 2027; Consumer Inclination towards Efficient Hybrid Cars to Aid Expansion, states Fortune Business Insights™

Lucid Motors, Inc. (California, United States)
Zotye International Automobile Trading Co. Ltd. (Hangzhou, China)
Key Market Drivers:
Stringent Emission Regulations to Enhance Business Development
The constant efforts to curb greenhouse gas emissions have led to the implementation of strict emission laws by the governments, which, in, turn will bolster the healthy growth of the market. For instance, in Europe, a regulation was imposed to reduce the CO2 emissions of light and medium commercial vehicles by 15% by 2025. More countries have mandated the regular pollution-check of vehicles. The implementation of the Bharat Stage VI (BS-VI) norm in India with an aim to use efficient engines in reducing carbon emissions. Moreover, the increased promotion of electric cars will have a subsequent effect on the global electric vehicle market growth during the forecast period. ....

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Solar Vehicle Market In-Depth Analysis Globally by Top Key Players  Ford Motor Company; TOYOTA MOTOR CORPORATION; Volkswagen AG; Panasonic Corporation – KSU

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Solar Vehicle market report considers important aspects of the market that consist of historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the ABC industry. A transparent market research method has been accomplished here with the right tools and techniques which turns this market research report into the world-class. Market segmentation of global Solar Vehicle report can be elucidated more clearly in terms of breakdown of data by manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks and entry barriers, sales channels, and distributors. ....

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Internet of Vehicle- a Market Worth Observing Growth: Ford Motor, Audi, Apple

Internet of Vehicle- a Market Worth Observing Growth: Ford Motor, Audi, Apple
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