Electric Off-Highway Equipment Industry Is Driving Due To Technological Innovations

 

 

Electric off-highway equipment industry data book covers electric agriculture equipment, construction equipment, mining equipment market.

Global Electric Off-Highway Equipment Industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Access the Global Electric Off-Highway Equipment Industry Data Book from 2023 to 2030, compiled with details by Grand View Research

 

Electric Agriculture Equipment Market Insights

Growing commercial farming coupled with a labour shortage is a major factor driving the market growth for electric agricultural equipment. The demand for increased crop yield and the hovering threat of food security is other factors supplementing the market growth for electric agricultural equipment in major agricultural economies. The integration of electric propulsion in agricultural mechanisms owing to increased crop yield, decreased production cost, reduction in post-harvest losses, and efficient time management are also favouring the market growth worldwide.

The growing traction towards farm mechanization is supporting the uptake of electric technology. Electrical agricultural equipment like tractors, threshers, and other cultivation equipment can aid in numerous farming chores. In order to execute a number of crop production processes, mechanization entails the careful application of inputs by utilizing agricultural equipment, such as power-driven machinery and hand tool, which guarantees a decrease in the labour-intensive tasks associated with various farm activities and refocuses the use of inputs to maximize the potential of available resources.

 

Construction Equipment Market Insights

The electric construction equipment market is experiencing growth owing to stringent laws on noise and carbon emissions caused in closed construction and urban area. The increase in noise pollution in the cities has become a potential threat owing to ramping up construction projects. The noise pollution from the equipment, such as loaders, excavators, and motor graders, have prompted municipal corporation in European cities such as Copenhagen, Oslo, Stockholm, and Helsinki to launch initiatives to launch pilot projects for zero-emission construction sites. The city of Helsinki signed the green deal in 2020 to create zero-emission worksites, and the practice will be slowly applied to the whole town.

The authorities said that as a result of the initiative, it has chosen to use minimal parameters for procuring all upcoming street infrastructure and outsourced infrastructure projects. By 2025, every city's construction sites are expected to be fossil fuel-free; by 2030, all emissions will be eliminated. Similarly, by 2040 London has also declared its intention to reduce emissions from construction sites to zero. The trend for fast-charging equipment, which has a longer operating duration and is powered by hydrogen fuel, solid-state battery, or lithium-ion battery, is gaining traction while supporting the market growth. Fast-charging batteries are known to withstand higher charging speeds prompting manufacturers to offer battery packs that can be swapped when the battery level is low.

 

Order your copy of the "Electric Off-Highway Equipment Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Mining Equipment Market Insights

 

The mining industry has been dependent on diesel for its major operation, such as transportation vehicles, along with operating mining equipment for underground and surface mining. According to International Council on Mining and Metals (ICMM), diesel-powered engines emit 30 to 80 % of emissions in a mining site. With mining concentrated in hostile and harsh terrains with extreme temperatures, the emission emitted contributes to the higher temperature. Using diesel-powered equipment generates more pollutants while producing more noise and heat while incurring higher operational costs. These factors of conventional mining equipment are fueling the adoption of electric mining equipment in the mining industry.

Electric mining equipment help in reducing heat in underground mine by increasing ventilation and cooling in the underground mining environment. The ongoing urbanization and industrialization are fueling the demand for natural resources such as oil and minerals. As a result, the global mining industry is flourishing. This, in turn, is expected to boost the demand for electric mining equipment, thereby leading to the growth of the market for this equipment worldwide.

Companies operating in the mining equipment market are enhancing their product portfolio by including electric equipment in the lineup to meet the demand for various types of electric mining equipment, such as mineral processing equipment, crushers, surface mining tools, screening equipment, and mining drills & breakers. A range of variants that are either rechargeable batteries, cable-tethered, or use overhead trolley lines make up the most electrified mining equipment. The latter are more common in open-pit mines where using big surface trucks is necessary.

 

Key players operating in the electric off-highway equipment industry are –

• Komatsu Ltd
• Caterpillar Inc
• MaterMacc S.p.A
• AGCO Corp.
• CLAAS KGaAmbH
• Mahindra & Mahindra Ltd.
• SDF S.p.A.
• J C Bamford Excavators Ltd
• AGCO Corp.
• CNH Industrial N.V.
• Deere & Company
• CLAAS KGaAmbH
• Escorts Ltd.
• International Tractors Ltd.
• YanmarCo., Ltd.
• KubotaCorp.
• Mahindra & Mahindra Ltd.
• Tractors and Farm Equipment Ltd.
• Caterpillar Inc MaterMacc S.p.A
• MaterMacc S.p.A
• AB Volvo 
• Caterpillar Inc
• Liebherr

Handbag Industry To Rise In Future As It Is One Of The Symbol Of Status And Fashion

  

 

Global handbag industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

 

Tote Handbag Market Report Highlights

 

The global totte handbag market size was estimated at USD 21,186.7 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. Tote bags are generally larger in size compared to other handbags, providing ample space to carry essentials such as laptops, books, gym clothes, groceries, or even beach accessories. Their roomy interior makes them ideal for everyday use and practical for various activities. Korean fashion and aesthetics have gained significant popularity among younger consumers worldwide. Tote bags align well with the minimalist, practical, and stylish aspects of Korean fashion trends, contributing to their increased demand.

 

Luxury accessories brands continuously innovate in terms of design, offering unique and distinctive leather tote bag designs that capture the attention of affluent consumers. These brands often set trends and establish themselves as leaders in the fashion industry and collaborate with designers, driving the demand for their leather tote bags. For example, in November 2022, Luca Nichetto, a well-known furniture designer collaborated with Angela Roi, a prominent accessories brand to design a tote bag crafted from apple skin leather.

 

Access the Global Handbag Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

 

Clutch Handbag Market Report Highlights

 

The global clutch handbag market size was estimated at USD 12,364.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The rise in disposable income, especially among the affluent population, has contributed to the increased demand for luxury bags. As consumers have more purchasing power, they are more likely to invest in high-end and designer handbags, including clutch bags, as a symbol of luxury and status. Clutch bags are often favored for social events and parties due to their compact size and stylish appeal. Consumers appreciate the convenience and elegance of clutch bags, which can elevate their outfits and make a fashion statement on special occasions.

Clutch handbags are characterized by their small size and lack of handles or straps, typically designed to be carried in one hand or tucked under the arm. Clutch leather handbags are versatile and can be easily paired with different outfits and occasions. They can be used during daytime events or dressed up for evening affairs, making them a versatile accessory choice. Also, the increasing prices of designer bags and their ever-increasing demand among high-income households have facilitated the overall demand for luxury accessories like leather clutch bags in countries like the U.S. and the U.K. For instance, according to Business and Fashion's new data and insights on June 2022, the average price of a women's designer bag in the US has increased by 27% since 2019.

Satchel Handbag Market Report Highlights

 

The global satchel handbag market size was estimated at USD 6,872.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. Satchel handbags can make a fashion statement by adding a touch of style and personality to an outfit. They come in a wide range of colors, patterns, and embellishments, allowing individuals to express their individuality and complement their personal style. The unisex design and versatility of satchel handbags have made them a preferred choice for individuals who appreciate a gender-neutral accessory.

 

Order your copy of Free Sample of Handbag Industry Data Book, published by Grand View Research

 

Competitive Landscape

 

The manufacturers aim to achieve optimum business growth and a strong market position through the implementation of various strategies such as acquisitions, new product launches, collaborations, and strengthening of distribution networks in the global as well as regional markets.

Key players operating in the Handbag Industry are –

• Sangetsu Corporation
• Louis Vuitton
• Hermès International S.A
• Michael Kors
• Fossil Group, Inc.
• Guccio Gucci S.p.A
• Prada S.p.A
• Burberry Group Plc
• Tapestry, Inc.
• Chanel Ltd
• Compagnie Financière Richemont SA
• FENDI S.r.l.
• Calvin Klein Inc.

Wallpaper Industry With Eco-Friendly Options For A Greener Future, A Resurgence Of Style And Innovation

  

 

 

Global wallpaper industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

 

Vinyl Wallpaper Market Report Highlights

 

The global vinyl wallpaper market size was valued at USD 632.61 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 4.1% from 2023 to 2030. The significant popularity of this product type in both the residential and commercial sectors can be ascribed to the need for vinyl-based wallpapers. Vinyl wallpaper demand is increasing as a result of peel-and-stick wallpaper's convenience. They are constructed using an adhesive base and a vinyl film on top.

 

Solid-sheet vinyl and fabric coated with vinyl are two types of vinyl-based wallpapers. Moreover, architects and interior designers prefer vinyl-based wallpapers because they can be used successfully in both high- and low-traffic areas. In addition to being in a variety of finishes and colors, vinyl-based wallpapers are also more durable, which increases demand for them.

 

Due to their ease of cleaning and high durability, the market for wallpapers made of vinyl is growing. Also, the vinyl wall covering may be simply restored if it is damaged. Vinyl is a good option for high-traffic environments like schools and hospitals because of its fire resistance. For instance, Dovely, an Italian company, offers the fire-resistant vinyl-coated wallpaper SILHOUETTE MOUNTAIN. It is a high-quality, 290g, vinyl-coated, paper-backed digital wallpaper.

 

Access the Global Wallpaper Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

 

Nonwoven Wallpaper Market Report Highlights

 

The global nonwoven  wallpaper market size was valued at USD 355.05 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 5.4% from 2023 to 2030. Consumers prefer nonwoven wallpaper in large part because it supports digital printing. Nonwoven substrates are becoming more and more necessary due to the rising demand for wallpaper that has been digitally produced.

Nonwoven wallpapers maintain their structural stability in both dry and wet settings when combined with the printing solution. The gauze, tea bags, and coffee filters that are made with a precise blend of synthetic and natural fibers are utilized to manufacture these wallpapers. The fibers are mixed with binders strengthened with acrylates and frequently blended with additional colors to achieve opacity.

 

 

Paper Wallpaper Market Report Highlights

 

The global paper wallpaper market size was valued at USD 188.66 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 4.4% from 2023 to 2030. Wallpapers that have been digitally printed on paper are environmentally friendly. They are made with all-natural components. In addition, there are no potentially harmful chemicals in the wallpaper glue. Faux Caning digitally printed wallpapers are available from Wallshoppe, a U.S.-based manufacturer. They are manufactured from paper that is 100% nontoxic, eco-friendly, matte-finished, and sustainably manufactured paper is scratch-resistant.

The growing specialty paper market includes the market for wallpaper base paper. The wallpaper base paper sector has recently relocated to developing countries as a result of elements including rising raw material and labor costs, as well as the ever-rising degree of technical equipment, product quality, and localized advantages of wallpaper paper base companies in emerging countries. China's paper wallpaper sector has grown particularly quickly in recent years, with improvements made to the industry's size, innovation, and product quality.

 

Fabric Wallpaper Market Report Highlights

 

The global fabric wallpaper market size was valued at USD 300.15 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of around 4.7% from 2023 to 2030. The DIY trend and the availability of wallpaper with customization choices are two market-driving factors. The market is also anticipated to increase because of many investments made by large corporations in the production of eco-friendly and creative wallpapers. Homeowners use fabric wallpaper because it is simple to remove with water. Baking soda/cornstarch and water are the main ingredients in the adhesive used for cloth wallpaper. In addition, the cloth is permeable, allowing air to freely move through the wallpaper.

To provide comfort and softness, the surface of these wallpapers is coated with natural fibers or cloth. Flock wallpapers are becoming more popular as fabric wallpaper usage rises. These wallpapers stand out owing to three-dimensional patterns made of a velvet-like material that is printed on paper. Although it is one of the expensive wallpaper alternatives, it is also one of the most difficult to maintain.

 

Order your copy of Free Sample of “Wallpaper Industry Data Book - Vinyl, Nonwoven, Paper and Fabric Wallpaper Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Competitive Landscape

 

The manufacturers aim to achieve optimum business growth and a strong market position through the implementation of various strategies such as acquisitions, new product launches, collaborations, and strengthening of distribution networks in the global as well as regional markets. Wallpaper material manufacturers aim to intensify their market positions by widening their customer base.

 

Key players operating in the Wallpaper Industry are –

• Sangetsu Corporation
• York Wall Coverings Inc.
• Brewster Wallpaper Corporation
• F. Schumacher & Co.
• AS Creation Tapeten AG.
• Osborne & Little
• The Romo Group
• Grandeco
• 4walls
• Asian Paints
• Graham and Brown Ltd
• MX Display Ltd.
• Arte International
• DAISY JAMES
• Flavor Paper
• Trident Ltd.
• Moonavoor Sisustus
• JOHNMARK LTD