Powered Gates Market for EV & ICE: Regional Analysis and Forecast 2017-2027 | Techsci Research
The Global?Powered Gates Market for EV & ICE?is expected to witness a CAGR of over 7% in terms of value by 2027, driven by the increasing production of vehicles and growing consumer demand for advanced features. The passenger car segment holds the largest market share in the Powered Gates Market for EV & ICE due to the rising production and demand for passenger cars worldwide. The APAC region dominated the market in 2021 and is expected to maintain its dominance during the forecast period, thanks to the growing vehicle production and sales.
Several key players operate in the Powered Gates Market for EV & ICE, including Mitsuba Corporation, Denso Corporation, Continental AG, Delphi Automotive PLC, Magna International Inc., Johnson Electric, Omron Corporation, Panasonic Corporation, Valeo SA, and more.
The objectives of this study are to evaluate the demand-supply scenario of the Powered Gates Market for EV & ICE globally, analyze and forecast the market size in terms of volume and value, classify and forecast the market based on vehicle type, component, application, type, and regional distribution, identify the drivers and challenges in the market, examine competitive developments such as expansions, new product launches, mergers & acquisitions, and analyze the profiles of leading players involved in the manufacturing of the Powered Gates Market for EV & ICE on a global scale.
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To conduct this study, TechSci Research performed extensive primary and secondary research. Initially, TechSci Research compiled a comprehensive list of Powered Gates Market for EV & ICE manufacturers operating globally. Subsequently, TechSci Research conducted primary research surveys, which involved primary calls, email responses, and other methods, with the identified companies. During the interviews, the respondents were also asked about their main competitors. By employing this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings and regional presence of all major Powered Gates Market for EV & ICE suppliers across the globe.
Using a bottom-up technique, TechSci Research calculated the market size for the global Powered Gates Market for EV & ICE. This involved recording manufacturers' value sales data for various types of warehouse vehicles and forecasting for future years. TechSci Research sourced these values from industry experts and company representatives, and validated them externally by analyzing the historical sales data of respective manufacturers to determine the overall market size. TechSci Research also utilized multiple secondary sources, such as directories, company websites, annual reports, white papers, investor presentations, and financial reports.
Key Target Audience:
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The study is useful in providing answers to several critical questions that are important for industry stakeholders such as?Powered Gates Market for EV & ICE manufacturers, customers and policy makers.?The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
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