• Oncology Market Rising Trends, Demand and Future Scope 2024 to 2031

    Leading market research firm SkyQuest Technology Group recently released a study titled 'Oncology Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Oncology report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Oncology Market extensively demonstrates existing and upcoming opportunities, profitability, revenue growth rates, pricing, and scenarios for recent industry analysis.

    The research analysis on the global Oncology Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Oncology Market circumstances in the forecast period between 2024 and 2031. The global Oncology Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.

    Market Growth

    The Oncology Market has experienced robust growth over the past decade and is projected to continue expanding. Oncology Market size was valued at USD 286.04 billion in 2022 and is poised to grow from USD 309.3 billion in 2023 to USD 581.25 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.

    Chance to get a free sample @ https://www.skyquestt.com/sample-request/oncology-market

    Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

    The Oncology Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.

    Cancer Diagnostics & Treatment
    Cancer Diagnostics {Tumor Biomarker Test, Imaging, Biopsy, Liquid Biopsy, Immunohistochemistry, In Situ Hybridization}, Cancer Treatment {Chemotherapy, Targeted Therapy, Immunotherapy, Hormonal Therapy}
    Cancer Type
    Lung Cancer, Prostate Cancer, Colon & Rectal Cancer, Gastric Cancer, Esophageal Cancer, Liver Cancer, Breast Cancer
    End-Use
    Hospitals, Diagnostic Laboratories, Diagnostic Imaging Centers, Academia, Specialty Clinics
    Get your customized report @ https://www.skyquestt.com/speak-with-analyst/oncology-market

    Following are the players analyzed in the report:

    Roche Holding AG
    Novartis International AG
    Bristol-Myers Squibb Company
    Pfizer Inc.
    Merck & Co., Inc.
    AstraZeneca PLC
    Johnson & Johnson
    Sanofi S.A.
    Takeda Pharmaceutical Company Limited
    Amgen Inc.
    AbbVie Inc.
    Eli Lilly and Company
    Gilead Sciences, Inc.
    Celgene Corporation (a subsidiary of Bristol-Myers Squibb Company)
    Bayer AG
    Biogen Inc.
    Daiichi Sankyo Company, Limited
    Astellas Pharma Inc.
    Eisai Co., Ltd.
    Teva Pharmaceutical Industries Ltd.
    Regional Analysis

    1. North America:
    - The United States and Canada dominate the North American Oncology Market. The U.S. is the largest market globally, driven by advanced global infrastructure, high R&D investments, and significant Oncology consumption.

    2. Europe:
    - Europe is a significant player, with major Oncology Markets in Germany, France, and the United Kingdom. The region benefits from strong regulatory frameworks, high industry standards, and a robust R&D sector.

    3. Asia-Pacific:
    - This region is experiencing rapid growth, with countries like China and India leading the charge. Factors such as increasing industry access, growing middle-class populations, and expanding Oncology manufacturing capabilities contribute to this growth.

    4. Latin America:
    - Brazil and Mexico are key markets in Latin America. Growth in this region is driven by rising industry needs, increasing investments in industry infrastructure, and a growing demand for affordable medications.

    5. Middle East and Africa:
    - The Oncology Market in this region is expanding due to rising market spending, increased prevalence of diseases, and improvements in Market infrastructure, although the market is relatively smaller compared to other regions.

    Future Outlook

    The Oncology Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development.

    Buy your full report: https://www.skyquestt.com/buy-now/oncology-market
    Oncology Market Rising Trends, Demand and Future Scope 2024 to 2031 Leading market research firm SkyQuest Technology Group recently released a study titled 'Oncology Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Oncology report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Oncology Market extensively demonstrates existing and upcoming opportunities, profitability, revenue growth rates, pricing, and scenarios for recent industry analysis. The research analysis on the global Oncology Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Oncology Market circumstances in the forecast period between 2024 and 2031. The global Oncology Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements. Market Growth The Oncology Market has experienced robust growth over the past decade and is projected to continue expanding. Oncology Market size was valued at USD 286.04 billion in 2022 and is poised to grow from USD 309.3 billion in 2023 to USD 581.25 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure. Chance to get a free sample @ https://www.skyquestt.com/sample-request/oncology-market Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR): The Oncology Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs. Cancer Diagnostics & Treatment Cancer Diagnostics {Tumor Biomarker Test, Imaging, Biopsy, Liquid Biopsy, Immunohistochemistry, In Situ Hybridization}, Cancer Treatment {Chemotherapy, Targeted Therapy, Immunotherapy, Hormonal Therapy} Cancer Type Lung Cancer, Prostate Cancer, Colon & Rectal Cancer, Gastric Cancer, Esophageal Cancer, Liver Cancer, Breast Cancer End-Use Hospitals, Diagnostic Laboratories, Diagnostic Imaging Centers, Academia, Specialty Clinics Get your customized report @ https://www.skyquestt.com/speak-with-analyst/oncology-market Following are the players analyzed in the report: Roche Holding AG Novartis International AG Bristol-Myers Squibb Company Pfizer Inc. Merck & Co., Inc. AstraZeneca PLC Johnson & Johnson Sanofi S.A. Takeda Pharmaceutical Company Limited Amgen Inc. AbbVie Inc. Eli Lilly and Company Gilead Sciences, Inc. Celgene Corporation (a subsidiary of Bristol-Myers Squibb Company) Bayer AG Biogen Inc. Daiichi Sankyo Company, Limited Astellas Pharma Inc. Eisai Co., Ltd. Teva Pharmaceutical Industries Ltd. Regional Analysis 1. North America: - The United States and Canada dominate the North American Oncology Market. The U.S. is the largest market globally, driven by advanced global infrastructure, high R&D investments, and significant Oncology consumption. 2. Europe: - Europe is a significant player, with major Oncology Markets in Germany, France, and the United Kingdom. The region benefits from strong regulatory frameworks, high industry standards, and a robust R&D sector. 3. Asia-Pacific: - This region is experiencing rapid growth, with countries like China and India leading the charge. Factors such as increasing industry access, growing middle-class populations, and expanding Oncology manufacturing capabilities contribute to this growth. 4. Latin America: - Brazil and Mexico are key markets in Latin America. Growth in this region is driven by rising industry needs, increasing investments in industry infrastructure, and a growing demand for affordable medications. 5. Middle East and Africa: - The Oncology Market in this region is expanding due to rising market spending, increased prevalence of diseases, and improvements in Market infrastructure, although the market is relatively smaller compared to other regions. Future Outlook The Oncology Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development. Buy your full report: https://www.skyquestt.com/buy-now/oncology-market
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    Oncology Market Size, Growth & Trends Report | 2031
    Oncology Market By Cancer Diagnostics & Treatment(Cancer Diagnostics {Tumor Biomarker Test, Imaging), By Cancer Type(Lung Cancer, Prostate Cancer), By End-Use(Hospitals, Diagnostic Laboratories) and By Region.
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  • Drug Screening Market: Competitive Insights and Precise Outlook | 2024-2031

    Drug Screening Market Overview: A lot of factors, such as geographic growth, segmentation, and market size by value and volume, are taken into account in the SkyQuest Technology Group research to provide a full and accurate analysis of the global Drug Screening market. This outstanding research study was created specifically to provide the most latest data on significant aspects of the global Drug Screening Industry. Numerous market estimates are provided in the analysis, including those for market size, output, revenue, consumption, CAGR, gross margin, price, and other critical factors. The best primary and secondary research methods and tools on the Drug Screening market were used to build it. Numerous research studies are included in it, including ones on pricing analysis, production and consumption analysis, company profile, and manufacturing cost analysis.
    Global Drug Screening Market size was valued at USD 8.9 billion in 2022 and is poised to grow from USD 10.37 billion in 2023 to USD 35.18 billion by 2031, growing at a CAGR of 16.5% during the forecast period (2024-2031).

    The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Drug Screening industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market. It examines and forecasts the global market in a number of critical industries. The research provides a thorough overview of the industry by segmenting the Drug Screening market into groups based on application, end-user, and location. A thorough research of each market segment was conducted, taking into consideration current and upcoming market trends.
    Chance to get a free sample @ https://www.skyquestt.com/sample-request/drug-screening-market

    Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

    The Drug Screening Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
    • Product & Service
    o Drug Screening Services [Laboratory Testing Services, On-site Testing Services], Drug Screening Products [Analytical Instruments (By Type {Breathalyzers “Fuel-cell Breathalyzers, Semiconductor Breathalyzers, Other Breathalyzers”, Immunoassay analyzers, Chromatography instruments}, By Modality {Hand-held drug screening products, Benchtop drug screening products}, Rapid Testing Devices (Urine testing devices {Drug testing cups, Dip cards, Drug testing cassettes}, Oral fluid testing devices), Consumables {Assay kit, Sample collection devices, Calibrators and controls, Other consumables}]
    • Sample Type
    o Urine Samples, Breath Samples, Oral Fluid Samples, Hair Samples, Other Samples
    • Drug Type
    o Cannabis, Alcohol, Cocaine, Opioids, Amphetamine and Methamphetamine, Other Drugs
    • End User
    o Drug Testing Laboratories, Workplaces, Criminal Justice Systems and Law Enforcement Agencies, Hospitals, Drug Treatment Centers, Individual Users, Pain Management Centers, Schools and Colleges, Other End Users
    Get your Customized report @ https://www.skyquestt.com/speak-with-analyst/drug-screening-market
    Following are the players analyzed in the report:
    • Quest Diagnostics (US)
    • Abbott (US)
    • OraSure Technologies Inc. (US)
    • Alfa Scientific Designs Inc. (US)
    • Thermo Fisher Scientific, Inc. (US)
    • Drägerwerk AG & Co. KGaA (Germany)
    • Lifeloc Technologies, Inc. (US)
    • MPD Inc. (US)
    • Omega Laboratories, Inc. (US)
    • Premier Biotech, Inc. (US)
    • Psychemedics Corporation (US)
    • F. Hoffmann-La Roche Ltd. (Switzerland)
    • Shimadzu Corporation (Japan)
    • Siemens Healthineers AG (Germany)
    • American Bio Medica Corporation (US)
    • ACM Global Laboratories (US)
    • CareHealth America Corp. (US)
    • Clinical Reference Laboratory, Inc. (US)
    • Intoximeters (US)
    • Sciteck, Inc. (US)
    • AccuSourceHR, Inc. (US)
    • Cordant Health Solutions (US)
    • Intoxalock (US)
    • Millennium Health (US)
    • AdvaCare Pharma (US)
    Motives for purchasing this report-

    - A full understanding of customer experiences, upcoming trends, and growth drivers may be obtained by market category analysis.

    -Drug Screening Market participants will be able to quickly decide on their course of action in order to achieve a competitive advantage thanks to the essential information provided in this area.

    The factors affecting the sales prospect are carefully examined by SkyQuest Technology Group across several important categories.

    - Analysing market categories can provide detailed insights into consumer experiences, upcoming trends, and growth-promoting factors. A thorough analysis of market manufacturing trends is a crucial component of the study.

    -These observations offer crucial information on the ways in which market participants are reacting to the most recent developments that are oversaturating the market.

    -An in-depth analysis of the numerous organic
    Buy your full Market Report now: https://www.skyquestt.com/buy-now/drug-screening-market

    FAQs:
    1. What are the main vendors' points of strength and weakness?
    2. What are the primary business plans of the leading important players for the near future?
    3. What will the market size and growth rate be for Drug Screening in the upcoming year?
    4. Which prevailing global trends are affecting the Drug Screening market shares of the leading regions? What effect does Covid19 have on the Industry right now?

    Drug Screening Market: Competitive Insights and Precise Outlook | 2024-2031 Drug Screening Market Overview: A lot of factors, such as geographic growth, segmentation, and market size by value and volume, are taken into account in the SkyQuest Technology Group research to provide a full and accurate analysis of the global Drug Screening market. This outstanding research study was created specifically to provide the most latest data on significant aspects of the global Drug Screening Industry. Numerous market estimates are provided in the analysis, including those for market size, output, revenue, consumption, CAGR, gross margin, price, and other critical factors. The best primary and secondary research methods and tools on the Drug Screening market were used to build it. Numerous research studies are included in it, including ones on pricing analysis, production and consumption analysis, company profile, and manufacturing cost analysis. Global Drug Screening Market size was valued at USD 8.9 billion in 2022 and is poised to grow from USD 10.37 billion in 2023 to USD 35.18 billion by 2031, growing at a CAGR of 16.5% during the forecast period (2024-2031). The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Drug Screening industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market. It examines and forecasts the global market in a number of critical industries. The research provides a thorough overview of the industry by segmenting the Drug Screening market into groups based on application, end-user, and location. A thorough research of each market segment was conducted, taking into consideration current and upcoming market trends. Chance to get a free sample @ https://www.skyquestt.com/sample-request/drug-screening-market Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR): The Drug Screening Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs. • Product & Service o Drug Screening Services [Laboratory Testing Services, On-site Testing Services], Drug Screening Products [Analytical Instruments (By Type {Breathalyzers “Fuel-cell Breathalyzers, Semiconductor Breathalyzers, Other Breathalyzers”, Immunoassay analyzers, Chromatography instruments}, By Modality {Hand-held drug screening products, Benchtop drug screening products}, Rapid Testing Devices (Urine testing devices {Drug testing cups, Dip cards, Drug testing cassettes}, Oral fluid testing devices), Consumables {Assay kit, Sample collection devices, Calibrators and controls, Other consumables}] • Sample Type o Urine Samples, Breath Samples, Oral Fluid Samples, Hair Samples, Other Samples • Drug Type o Cannabis, Alcohol, Cocaine, Opioids, Amphetamine and Methamphetamine, Other Drugs • End User o Drug Testing Laboratories, Workplaces, Criminal Justice Systems and Law Enforcement Agencies, Hospitals, Drug Treatment Centers, Individual Users, Pain Management Centers, Schools and Colleges, Other End Users Get your Customized report @ https://www.skyquestt.com/speak-with-analyst/drug-screening-market Following are the players analyzed in the report: • Quest Diagnostics (US) • Abbott (US) • OraSure Technologies Inc. (US) • Alfa Scientific Designs Inc. (US) • Thermo Fisher Scientific, Inc. (US) • Drägerwerk AG & Co. KGaA (Germany) • Lifeloc Technologies, Inc. (US) • MPD Inc. (US) • Omega Laboratories, Inc. (US) • Premier Biotech, Inc. (US) • Psychemedics Corporation (US) • F. Hoffmann-La Roche Ltd. (Switzerland) • Shimadzu Corporation (Japan) • Siemens Healthineers AG (Germany) • American Bio Medica Corporation (US) • ACM Global Laboratories (US) • CareHealth America Corp. (US) • Clinical Reference Laboratory, Inc. (US) • Intoximeters (US) • Sciteck, Inc. (US) • AccuSourceHR, Inc. (US) • Cordant Health Solutions (US) • Intoxalock (US) • Millennium Health (US) • AdvaCare Pharma (US) Motives for purchasing this report- - A full understanding of customer experiences, upcoming trends, and growth drivers may be obtained by market category analysis. -Drug Screening Market participants will be able to quickly decide on their course of action in order to achieve a competitive advantage thanks to the essential information provided in this area. The factors affecting the sales prospect are carefully examined by SkyQuest Technology Group across several important categories. - Analysing market categories can provide detailed insights into consumer experiences, upcoming trends, and growth-promoting factors. A thorough analysis of market manufacturing trends is a crucial component of the study. -These observations offer crucial information on the ways in which market participants are reacting to the most recent developments that are oversaturating the market. -An in-depth analysis of the numerous organic Buy your full Market Report now: https://www.skyquestt.com/buy-now/drug-screening-market FAQs: 1. What are the main vendors' points of strength and weakness? 2. What are the primary business plans of the leading important players for the near future? 3. What will the market size and growth rate be for Drug Screening in the upcoming year? 4. Which prevailing global trends are affecting the Drug Screening market shares of the leading regions? What effect does Covid19 have on the Industry right now?
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    Drug Screening Market Trends, Size, Share & Forecast | 2031
    Drug Screening Market size was valued at USD 10.37 billion in 2023 to USD 35.18 billion by 2031, growing at a CAGR of 16.5% during the forecast period (2024-2031).
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  • Global Population Health Management Market size was valued at USD 33.49 Billion in 2022 poised to grow from USD 40.18 Billion in 2023 to USD 171.94 Billion by 2031, growing at a CAGR of 19.93% in the forecast period (2024-2031).

    The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Population Health Management industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market. It examines and forecasts the global market in a number of critical industries. The research provides a thorough overview of the industry by segmenting the Population Health Management market into groups based on application, end-user, and location. A thorough research of each market segment was conducted, taking into consideration current and upcoming market trends.

    Chance to get a free sample @ https://www.skyquestt.com/sample-request/population-health-management-market
    Global Population Health Management Market size was valued at USD 33.49 Billion in 2022 poised to grow from USD 40.18 Billion in 2023 to USD 171.94 Billion by 2031, growing at a CAGR of 19.93% in the forecast period (2024-2031). The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Population Health Management industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market. It examines and forecasts the global market in a number of critical industries. The research provides a thorough overview of the industry by segmenting the Population Health Management market into groups based on application, end-user, and location. A thorough research of each market segment was conducted, taking into consideration current and upcoming market trends. Chance to get a free sample @ https://www.skyquestt.com/sample-request/population-health-management-market
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  • Global Artificial Intelligence in Healthcare Market size was valued at USD 14.09 billion in 2022 and is poised to grow from USD 19.47 billion in 2023 to USD 259.11 billion by 2031, growing at a CAGR of 38.2% during the forecast period (2024-2031).

    The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Artificial Intelligence (AI) in Healthcare industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market.

    Chance to get a free sample @ https://www.skyquestt.com/sample-request/artificial-intelligence-in-healthcare-market
    Global Artificial Intelligence in Healthcare Market size was valued at USD 14.09 billion in 2022 and is poised to grow from USD 19.47 billion in 2023 to USD 259.11 billion by 2031, growing at a CAGR of 38.2% during the forecast period (2024-2031). The competitive environment is a crucial element that every key factor needs to be aware of. The study explains the market's competitive landscape so that readers may gauge the degree of both domestic and global rivalry. Additionally, market researchers have provided summaries of each significant firm in the global Artificial Intelligence (AI) in Healthcare industry, taking into consideration crucial elements including operational areas, production, and product portfolio. When analyzing the organizations in the study, significant factors including business size, market share, market growth, revenue, production volume, and profitability are also taken into account. The study report uses both qualitative and quantitative data to offer a thorough view of the market. Chance to get a free sample @ https://www.skyquestt.com/sample-request/artificial-intelligence-in-healthcare-market
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  • Rising Number of DIY Customers Is a Key Driver for U.A.E. E-Commerce Automotive Aftermarket

    The U.A.E. e-commerce automotive aftermarket is witnessing growth. This growth can be credited to the growing purchaser knowledge and suitability, rising count of do-it-yourself customers, growing count of road accidents, and increasing vehicle sales, in the nation.

    U.A.E E-Commerce Automotive Aftermarket Research Report@ https://www.psmarketresearch.com/market-analysis/uae-e-commerce-automotive-aftermarket

    On the basis of type, the product category leading the industry, in terms of revenue. This dominance of the category is credited to the arrival of DIY culture in car customization among clientele and enthusiasts, doing the car modification tasks by themselves. Along with this, the other reasons that have an optimistic effect on the industry comprise a huge count of road accidents and a surge in car sales.

    Based on components in the product type, the lubricant category is projected to experience the highest CAGR during the projection period in the U.A.E. e-commerce automotive aftermarket. This growth of the category can be credited to the increasing requirement to advance the performance of automobiles, and therefore, it is essential for possessors to get the vehicles checked at regular intervals for swift working of the cars.
    As per the WHO, nearly 2 individuals die every day on the U.A.E. roads in accidents. The growing count of accidents in the nation is directing to the increasing need for aftermarket components, in case of common wear & tear or road accident.

    Additionally, as per the WHO, safe vehicles play an essential role in preventing crashes and decreasing the count of accidents. Therefore, it is recommended to often check the vehicle’s general health and do the essential replacements for the stoppage of accidents. Oil and transmission solutions and tires, filters, lighting, brake parts, and suspension systems must be checked and substituted frequently.

    Additionally, increasing knowledge regarding vehicle preventive maintenance and consistent check-ups to decrease the count of vehicle failures and road accidents is projected to boost the development of the U.A.E. e-commerce automotive aftermarket.

    Rising Number of DIY Customers Is a Key Driver for U.A.E. E-Commerce Automotive Aftermarket The U.A.E. e-commerce automotive aftermarket is witnessing growth. This growth can be credited to the growing purchaser knowledge and suitability, rising count of do-it-yourself customers, growing count of road accidents, and increasing vehicle sales, in the nation. U.A.E E-Commerce Automotive Aftermarket Research Report@ https://www.psmarketresearch.com/market-analysis/uae-e-commerce-automotive-aftermarket On the basis of type, the product category leading the industry, in terms of revenue. This dominance of the category is credited to the arrival of DIY culture in car customization among clientele and enthusiasts, doing the car modification tasks by themselves. Along with this, the other reasons that have an optimistic effect on the industry comprise a huge count of road accidents and a surge in car sales. Based on components in the product type, the lubricant category is projected to experience the highest CAGR during the projection period in the U.A.E. e-commerce automotive aftermarket. This growth of the category can be credited to the increasing requirement to advance the performance of automobiles, and therefore, it is essential for possessors to get the vehicles checked at regular intervals for swift working of the cars. As per the WHO, nearly 2 individuals die every day on the U.A.E. roads in accidents. The growing count of accidents in the nation is directing to the increasing need for aftermarket components, in case of common wear & tear or road accident. Additionally, as per the WHO, safe vehicles play an essential role in preventing crashes and decreasing the count of accidents. Therefore, it is recommended to often check the vehicle’s general health and do the essential replacements for the stoppage of accidents. Oil and transmission solutions and tires, filters, lighting, brake parts, and suspension systems must be checked and substituted frequently. Additionally, increasing knowledge regarding vehicle preventive maintenance and consistent check-ups to decrease the count of vehicle failures and road accidents is projected to boost the development of the U.A.E. e-commerce automotive aftermarket.
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    U.A.E. E-Commerce Automotive Aftermarket Outlook, 2025
    The U.A.E e-commerce automotive aftermarket was valued at $227.8 million in 2019, and is expected to grow at a CAGR of 14.8% during 2020–2025. Increased customer awareness and better convenience act as a major driver for the U.A.E. e-commerce automotive aftermarket.
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  • How Is Rising EV Sales Supplementing Electric Motor Market Growth?

    Factors such as the rising adoption of electric vehicles (EVs) and increasing compliance for energy-efficient electric motors are expected to propel the electric motor market at a CAGR of 6.3% during 2020–2030. According to P&S Intelligence, the market was valued at $105.5 billion in 2020 and it is projected to generate $195.1 billion revenue by 2030. At present, the manufacturing industry is opting for energy-efficient electric motors to reduce energy consumption and reduce operating costs.

    The surging adoption of EVs is one of the key growth drivers of the market, as electric motors are their major components. As per the International Energy Agency (IEA), the global stock of battery electric vehicles (BEV) (cars) and plug-in hybrid electric vehicles (PHEV) (cars) will surge from 6,850,327 in 2020 to 79,975,992 by 2030 and 3,346,713 in 2020 to 44,355,904 by 2030, respectively. Furthermore, the total number of BEV (vans) and PHEV (vans) will escalate from 427,525 in 2020 to 11,041,648 by 2030 and 8,384 in 2020 to 1,959,625 by 2030, respectively.

    The application segment of the electric motor market is categorized into medical, industrial, space, transportation, commercial aerospace, non-industrial robotics, defense, marine, and others. Under this segment, the transportation category generated the highest revenue in 2020, due to the surging adoption of EVs and booming demand for motor vehicles. The rising shift toward EVs can be attributed to the soaring public awareness about worsening air quality and increasing government support toward the EV industry in the form of tax rebates and subsidies.

    In recent years, the companies operating in the electric motor market have engaged in product launches to consolidate their position. For instance, in February 2021, Johnson Electric Holdings Limited launched a new series of low-voltage DC motors for actuators used in hospital beds, smart recliners, height-adjustable desks, and other smart furniture. In the same vein, in June 2021, maxon motor AG introduced BIKEDRIVE Air, a 3.5 kg e-bike system that consists of an integrated battery, a mid-mounted motor, and a control element.

    Additionally, the players in the electric motor market are also opting for mergers and acquisitions to gain a competitive edge. For example, in March 2021, AMETEK Inc. acquired Crank Software, EGS Automation, and Magnetrol International for $270 million. With the acquisition of Magnetrol International and EGS Automation, AMETEK Inc. aims to expand its level measurement solutions portfolio and widen its automation solutions portfolio. Furthermore, the acquisition of Crank Software offers graphical user interface design capabilities to AMETEK.

    Globally, the Asia-Pacific (APAC) electric motor market generated the highest revenue in 2020, and it is projected to showcase the fastest growth throughout the forecast period (2021–2030). This can be attributed to the presence of a large number of manufacturing plants in developing countries, such as Bangladesh, China, Indonesia, and India. Moreover, the mounting investments being made by the market players in the untapped markets of the region will also augment the demand for electric motors in APAC.

    Thus, the burgeoning EV production and escalating demand for energy-efficient electric motors are expected to steer the market growth across the world.

    Read More: https://www.psmarketresearch.com/market-analysis/electric-motor-market
    How Is Rising EV Sales Supplementing Electric Motor Market Growth? Factors such as the rising adoption of electric vehicles (EVs) and increasing compliance for energy-efficient electric motors are expected to propel the electric motor market at a CAGR of 6.3% during 2020–2030. According to P&S Intelligence, the market was valued at $105.5 billion in 2020 and it is projected to generate $195.1 billion revenue by 2030. At present, the manufacturing industry is opting for energy-efficient electric motors to reduce energy consumption and reduce operating costs. The surging adoption of EVs is one of the key growth drivers of the market, as electric motors are their major components. As per the International Energy Agency (IEA), the global stock of battery electric vehicles (BEV) (cars) and plug-in hybrid electric vehicles (PHEV) (cars) will surge from 6,850,327 in 2020 to 79,975,992 by 2030 and 3,346,713 in 2020 to 44,355,904 by 2030, respectively. Furthermore, the total number of BEV (vans) and PHEV (vans) will escalate from 427,525 in 2020 to 11,041,648 by 2030 and 8,384 in 2020 to 1,959,625 by 2030, respectively. The application segment of the electric motor market is categorized into medical, industrial, space, transportation, commercial aerospace, non-industrial robotics, defense, marine, and others. Under this segment, the transportation category generated the highest revenue in 2020, due to the surging adoption of EVs and booming demand for motor vehicles. The rising shift toward EVs can be attributed to the soaring public awareness about worsening air quality and increasing government support toward the EV industry in the form of tax rebates and subsidies. In recent years, the companies operating in the electric motor market have engaged in product launches to consolidate their position. For instance, in February 2021, Johnson Electric Holdings Limited launched a new series of low-voltage DC motors for actuators used in hospital beds, smart recliners, height-adjustable desks, and other smart furniture. In the same vein, in June 2021, maxon motor AG introduced BIKEDRIVE Air, a 3.5 kg e-bike system that consists of an integrated battery, a mid-mounted motor, and a control element. Additionally, the players in the electric motor market are also opting for mergers and acquisitions to gain a competitive edge. For example, in March 2021, AMETEK Inc. acquired Crank Software, EGS Automation, and Magnetrol International for $270 million. With the acquisition of Magnetrol International and EGS Automation, AMETEK Inc. aims to expand its level measurement solutions portfolio and widen its automation solutions portfolio. Furthermore, the acquisition of Crank Software offers graphical user interface design capabilities to AMETEK. Globally, the Asia-Pacific (APAC) electric motor market generated the highest revenue in 2020, and it is projected to showcase the fastest growth throughout the forecast period (2021–2030). This can be attributed to the presence of a large number of manufacturing plants in developing countries, such as Bangladesh, China, Indonesia, and India. Moreover, the mounting investments being made by the market players in the untapped markets of the region will also augment the demand for electric motors in APAC. Thus, the burgeoning EV production and escalating demand for energy-efficient electric motors are expected to steer the market growth across the world. Read More: https://www.psmarketresearch.com/market-analysis/electric-motor-market
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    Electric Motors Market Size & Share Analysis Report, 2030
    The electric motors market stood size at USD 123.76 billion in 2022, and it is expected to grow at a compound annual growth rate of 6.75% during 2022–2030.
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